- Turkish terror suspect arrested in Cayman
- Volunteers boost holiday traffic patrols
- Five-star dining delivered to needy families
- Former personal assistant to MLAs ‘orchestrated’ robbery
- Most youth not signed up for election
- Small craft warning in effect for weekend
- No case to answer for two men charged with firearm possession
- Cubans rescued after running aground on Little Cayman reef
- Design rights, patent changes now in force
- Police warn of tool thefts
Despite being exceptionally aggressive, monetary policies do not bear fruit as hoped anymore. As a result, fiscal policy as a means of stimulating the economy once again gains popularity worldwide. Should the concept find support in general, it will also have noteworthy consequences for the financial markets.
Hans-Lothar Merten, trained in banking and business administration, is known in Germany as an insider in the offshore world. He has written books about tax havens for more than 20 years, and he also publishes articles on finance and taxes as a freelance journalist.
The proposed amendments to the Trusts Law (2011 Revision) and the Property (Miscellaneous Provisions) Law (2011 Revision) are part of a tidying up exercise to correct long-standing deficiencies in both statutes.
The region of the Americas is the first in the world to have eliminated measles, a viral disease that can cause severe health problems, including pneumonia, blindness, brain swelling and even death. This achievement culminates a 22-year effort involving mass vaccination against measles, mumps and rubella throughout the Americas.
It has become conventional wisdom to lay the “blame” for lawful tax avoidance firmly at the feet of the offshore financial centers. In the April 2016 edition of Alternative Domicile Intelligence, Simon Osborne goes further and attributes the fault for the latest round of negative publicity to which they have been subjected firmly at the feet of those centers, which, he asserts, have failed to explain their role as “tax neutral cogs” in the global economy.
The spike in LIBOR (London Interbank Offered Rate) for much of 2016 resurrected well-buried fears foreshadowing the 2008 financial crisis. Following the collapse of Lehman Brothers and the run on money market funds that left the prominent Reserve Primary Fund a distant memory, fears surrounding the insolvency of financial institutions came into fair play.
Ministry of Health officials predict record attendance at the this month’s healthcare conference, the seventh consecutive year government has staged the gathering, drawing on speakers and audiences from around the region and North America.
At the annual gathering in Las Vegas for hackers and cybersecurity experts, people got a look at the newest hacks and vulnerable technologies, from breaking into Tesla cars to holding hostage a fancy new home thermostat until a homeowner pays a ransom. Despite the digital skills hackers showed off for taking control of computer systems, humans remain the single easiest way to break into any computer network.
Both the Cayman Islands and its neighbor to the north, Florida, are fighting the Aedes aegypti mosquitoes that can infect people with the Zika virus, in similar ways – up to a point.
Whether you believe the performance of certain asset classes is logical or not, exponential growth and demand for high yield assets best characterize current market trends.
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