Archive for January 25th, 2016
CIG names another National Hero
(CNS): The PPM administration has named the late Dr Roy Edison McTaggart as the country’s ninth official National Hero 32 years after his death. McTaggart was described by government officials as a “pioneering politician, businessman, dentist, cultural guardian and philanthropist”, best remembered for retaining Cayman’s position as a British colony when Jamaica became independent in […]
Governor struggles to explain offshore sector to BBC
(CNS Business): Quizzed over what the Cayman Islands and its offshore sector means to the people of Britain, the governor struggled to answer Jacques Peretti in the documentary aired on the BBC in the UK on Friday evening. “Britain’s Trillion Pound Island”, in which the producer and filmmaker tried to understand how the financial services industry […]
Watson battles to explain emails and documents
(CNS): The former chair of the Health Services Authority continued to try and explain more apparently incriminating emails on Friday during another tough day of cross-examination about his alleged involvement with AIS Cayman Ltd. Explaining documents that appeared to show how he and his close friend, Jeffrey Webb, were going to benefit from the lucrative hospital […]
Food supplies cut short by rains
(CNS): A local supermarket has issued more warnings about a shortage of fresh produce and anticipated price hikes as a result of waterlogged crops in the United States and freezing weather in Mexico. In addition to problems with fruit and vegetable supplies, Foster’s Food Fair said the bad weather has affected Florida corn growers and high […]
Backbench exodus may trigger early poll
(CNS): The departure of three MLAs from the government backbench could trigger an early general election, the premier has said, which would be conducted under the old multi-member voting system. Alden McLaughlin said that with such a very narrow majority, his government may struggle to get through the next 14 months before the anticipated Nomination […]
Billionaire boater destroys reef
(CNS): An anchor chain on the 300-foot mega-yacht, the MV Tatoosh, owned by billionaire Paul Allen, has destroyed almost 14,000 sq.ft of reef in the West Bay replenishment zone, the Department of Environment confirmed following a survey of the area. DoE officials said more than 80% of the coral in the area has been damaged by […]
