November 20, 2019

Rotary Olympics – Fundraiser for the Cayman Islands Special Olympics Team

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The Rotary Club of Grand Cayman depends very much on the kindness and generosity of people like you. They are trying to raise as much money as the can for the CI Special Olympics Team. They deserve it!  The Special Olympics Team of 19 athletes and 18 unified partners, coaches and staff are headed to Abu […]

Special Olympics Cayman Islands coach selected to officiate at World Games

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Special Olympics Cayman Islands (SOCI) Bocce Coach, Nicole Thompson is selected to officiate at the Special Olympics World Games being held in Abu Dhabi next March. Nicole started her coaching career in 1998 when she volunteered with SOCI. At the time, she knew nothing about the sport, but responded to the need and started learning […]

Caribbean wants St Maarten to have voting rights at AIBA’s Congress

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From Stabroek News Executive Committee (EC) Member of AIBA, Steve Ninvalle is currently in Abu Dhabi, United Arab Emirates to attend a two-day EC meeting which starts today. The head of the Guyana Boxing Association told Stabroek Sport yesterday that the meeting is an important one since it is the last scheduled gathering of the […]

UAE to provide US$50 million renewable energy fund for Guyana and the Caribbean

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By Ray Chickrie From Caribbean News Now GEORGETOWN, Guyana — Three of Guyana’s energy projects (micro-hydros) have been selected for funding by United Arab Emirates (UAE)-Caribbean Renewable Energy Fund, said the minister of public infrastructure, David Patterson, who is heading a delegation of three to the eighth session of the Assembly of the International Renewable […]

China’s Didi Chuxing raises $4B more for AI, international expansion and electric vehicles

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By Jon Russell From TechCrunch China’s Didi Chuxing, the country’s top ride-hailing company, said today that it has raised $4 billion in new capital to support a range of new initiatives including international expansion. The company has already raised $13 billion from investors that include Alibaba, Tencent and Apple, and it said that this newest […]

Federal Court bans investment fund managers for 10 years [linked to1MDB]

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From The Australian By BEN BUTLER Business reporter Melbourne AMANDA HODGE South East Asia Two Gold Coast men involved in a funds management business linked to Malaysia’s 1MDB scandal are to be banned from corporate life for a decade over their mismanagement of Australian investors’ money. Federal Court judge Jonathan Beach yesterday said he would […]

Peter Binose: Should we be dealing with the United Arab Emirates?

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By Peter Binose I read the heading ‘UAE delegation to visit SVG’ then I looked at what the press has to say about them. The United Arab Emirates is a federation of seven emirates: Abu Dhabi, Dubai, Sharjah, Ras Al Khaimah, Ajman, Fujairah, and Umm al-Qaiwain. The federation was formed and became independent in 1971. […]

The ‘Stolen Money’ mentioned by US Justice Dept belongs to IPIC and not 1MDB, says blogger [Guarantee Deed by Cayman Islands fund]

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From Malaysian Digest In its widely publicized move to seize assets believed to be bought using funds which the US Department of Justice (DoJ) says is stolen from 1MDB, a point of contention has arisen as 1MDB says it is not aware of any money stolen from its coffers. “The US Department of Justice (DOJ) […]

Air conditioners in vicious cycle

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From The Carbon Wars Ring demand for air conditioners will worsen global warming if steps aren’t taken to change the cooling technology we currently use, says a new study from the Berkeley National Laboratory. In the last two years, alone, numerous locations around the globe have seen higher temperatures than ever before recorded. Cambodia, Tonga, […]

Ipic denies guaranteeing 1MDB’s Cayman investments

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From The Straits Times Dispute between Abu Dhabi sovereign fund and Malaysian state firm takes another turn ABU DHABI • A sovereign fund in Abu Dhabi embroiled in a debt dispute with 1Malaysia Development Bhd (1MDB) has said it did not guarantee any of the Malaysian state company’s holdings in a Cayman fund, stirring up […]