Premier warns war in Ukraine will increase COL
(CNS): Premier Wayne Panton has warned that the cost of fuel will increase in Cayman, pushing up the already rising cost of living, as a result of Russia’s invasion of Ukraine. In a statement about today’s military action directed by Russian President Vladimir Putin, Panton said it would carry a “tremendous humanitarian cost” and war is “usually the worst possible action and least effective option”.
The premier said that the Cayman Islands office in London is unaware of any Caymanians currently in Ukraine and the Scholarship Secretariat said there are no Caymanian students there either.
The increase in fuel prices and broader impact on price rises everywhere will have a direct impact on this jurisdiction and the sanctions imposed by the UK against Russia and several of the wealthy oligarchs who are close to the Kremlin are likely to have an impact on the offshore sector here.
Wealthy Russians, like many high net worth individuals, hold what may be both legitimate and illegitimate assets in the Cayman Islands. Several of the Russian elites that are believed to have been sanctioned also own yachts registered with the Cayman Islands Shipping Registry.
In his statement Panton spoke about the threat that this war poses to the global economy, which is already reeling from the COVID-19 pandemic, and said it will also likely affect the financial services sector.
“We have already seen an increase in energy prices worldwide as oil rocketed past $100 a barrel. If war continues, the prices could go up even more, affecting prices worldwide. Here in the Cayman Islands we will almost certainly see higher fuel prices, which will in turn impact the prices on all goods and services, and therefore the general cost of living. Instead of war, the Cayman Islands would prefer an urgent peaceful end to this situation,” he said, adding that war is not a viable solution.
“At this time, the Cayman Islands Government Office in the United Kingdom is not aware of any Caymanians presently in the Ukraine,” Panton stated. “However, we will continue to monitor the situation as we continue to hope for a diplomatic and peaceful resolution. Our thoughts and prayers are with the innocent children, women and men of Ukraine as they face the fear of this unprovoked attack on their lives and their country.”
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Category: Eastern Europe, Local News, World News
28 @ 12:10pm – you demonstrated the “Caucasian” position exactly!
Excusing the indifference to Black genocide, but justifying the fight against White genocide with…’oh but there’s more at stake in Europe’. Typical!
Nice try, but the cost of living had increased before this war started! Now, wages need to increase ASAP so we can keep up with our bills and survive these cost of living increases!
In mid-1994, over 800,000 Tutsi and moderate Hutu were killed in the Rwandan genocide. The international community UTTERLY failed to prevent and stop this atrocity.. The United Nations failed to act during the 1️⃣0️⃣0️⃣ days of the Rwandan genocide.
DO YOU EVEN KNOW, let alone WEEP for 800,000 of Tutsi and Hutu?
🇷🇼🇷🇼🇷🇼🇷🇼🇷🇼🇷🇼🇷🇼🇷🇼🇷🇼🇷🇼🇷🇼🇷🇼🇷🇼🇷🇼🇷🇼
The major powers at the United Nations discouraged international intervention. While there was an international media presence in Rwanda, journalists also largely portrayed the conflict as a civil war, and did not highlight the intentional killing of civilians.🕯🕯🕯🕯🕯🕯🕯🕯🕯🕯🕯🕯🕯🕯🕯🕯🕯🕯🕯🕯🕯
https://www.theatlantic.com/magazine/archive/2001/09/bystanders-to-genocide/304571/
28 @ 8:35 am – Not exactly! I’m a layman civilian living in Cayman and I was aware of the Rwandan genocide while it was happening. It was portrayed as genocide in the media I saw/read. Perhaps you were tuned to a “denier” channel like Fox News?
In any case, Bill Clinton, as the leader of the world’s “most powerful and wealthy nation” and the leaders of the G8 (Russia was being allowed to the table then) ignored the genocide because it was happening in a Black nation in Africa! Look how quickly Clinton and allies reacted in Bosnia and Serbia a few years later!! Typical!!
You can’t blame journalists!!!
Clinton was saying He didn’t Know….after all, it was happening in a Black nation in Africa.
The sad fact is that African tribes have been conducting acts of genocide and ethnic cleansing since time began.
The North Atlantic slave trade was fed by African tribes capturing and imprisoning their enemies and weaker, less belligerent peoples. It’s unpalatable and not within modern day group think, but it is none-the-less true.
Reporting the Rwandan war had nothing to do with colour of skin, it have everything to to with audience fatigue after continuous pan-African conflicts and resultant charity campaigns.
As for the spurious argument in regard to the Balkan’s. Like Ukraine, this was a war in Europe with the potential to kill millions all over the world, it was a tinder box with the protagonists, the Serbs, openly backed by the Russians.
Yet another tribal war in Africa isn’t the same as nuclear powers facing off in Europe.
28 @ 12:10pm – you demonstrated the “Caucasian” position exactly!
Excusing the indifference to Black genocide, but justifying the fight against White genocide with…’oh but there’s more at stake in Europe’. Typical!
It was a sad thing, but it was not our fault or responsibility.
Please don’t give supermarkets any more excuses to rip us off. They’re already charging us 5 x the original retail cost and selling stuff beyond sell-by dates.
Truth! Check dates on every package, especially deli meats and dairy items. Every store has out of dates on shelves and we have inadvertently bought out of date items until we realized that close dated items and expired items were not pulled from cases and shelves.
Hopefully, all the Russian yachts are not allowed to fly the Cayman flag!
Hopefully any bars or stores won’t do something stupid like pour out Stoli or Smirnoff. Donate them. I volunteer!
Smirnoff is owned by Diageo from the UK and produced all over the world and Stoli is made in Latvia, though it has closer connections to Russia than Smirnoff now.
Bobo Baggins @ 5:13 pm – Stoli maybe? I saw news reports of bars in America dumping it. Smirnoff, not so much. I think its parent company is American or Canadian.
Stoli is made in Latvia
28 @ 12:51pm –and if Putin is “successful” in Ukraine, Stoli will soon be made in Russia again! God forbid!
You can lay the rise is gas prices squarely at the feet of Biden. Day one of his presidency he canceled the Keystone Excel Pipeline. Next he imposed greater restrictions on drilling in Alaska, increased regulations on frackers all in the name of the Green New Deal backed by the radicals in the Democratic Party that got him elected. All of this to drive up oil prices and force people into electric vehicles. Finally he then begs the Saudi’s to pump more oil to lower prices. But here’s the question, when you charging your EV ask yourself where does the electricity come from? Coal, oil, gas, nuclear power plants plants. Biden is simply an old shell of a man who has no idea what he say or signs into law.
Move on. Fossil fuels won’t last. Go electric and solar powered.
The commenter is not wrong. The current speed of technology will render a preciptious move to solar a boneheaded and uneccessary self inflicted wound. If this was really about rapid climate change, modern nuclear energy would have been widely adopted years ago.
Slowing down US energy production and turning around and buying it somewhere else is just stupid and evidently not good for Western security either.
Get woke, go broke.
1) How much money do you get paid to lobby “Big Oil” and “Big Coal”?
2) You do know lobbying in Cayman over a U.S. policy that we have no influence in changing does little to nothing, right?
Spot on. Love all the virtue signaling “environmental” people here driving their stupid fing Teslas as they live in a 6,000 sq ft air conditioned house with a heated pool. And fly back and forth to the UK 5 times a year. But look I drive a Tesla. I’m so eco conscious. F off.
Fuelled by a diesel power station.
What a stupid ass you are. Do you not think that these Tesla drivers could have solar powered charging stations?
So with all this happening are we still planning to spend $22 million to save seven mile beach? Can someone please explain to me where PACT deep pockets coming from? PPM built the surplus in 8 years and PACT spending it off in 8 months…
Remember that, as pertains to Cayman, issues flowing Russia’s attack on the Ukraine are a dry run for, God-forbid, China with Thailand.
I think you mean Taiwan, not Thailand!
Thailand? Lol.
lol oops
What is Bermuda doing about gas prices ?
What? This is a cayman paper
Paying them.
Canceling Keystone and greenlighting Nord Stream. Brilliant.
Howabout suspending fuel duty for 90 days with a requirement that the savings be passed directly to the consumer?
Was just about to say the same. In fact why was this not said in same breathe??
11:15 am, gas is duty free in the Brac, its NEVER passed on to consumers,it only makes the Gas Stations owners more richer. Gasoline is higher in the Brac than Grand. Government dont give a s…, never checks.
OK so how about CIG pass an emergency action forcing CUC to allow people to power their own homes with their own solar panels without being kicked off the grid. That would inspire homeowners to invest more in their own home, expand the renewable energy production of the Cayman Islands vastly, increase renewable jobs locally, and not have our populous beholden to the whims of dictators half a world away. Just a thought.
The program you’re talking about it available here: https://www.cuc-cayman.com/renewable-energy/renewables/
Not really. You should note that all the power goes through a cuc meter, even what you produce yourself. This is so they can screw you over with “demand metering”. They charge you for reducing your demand on the grid because they still want you to pay for their equipment you are not using. You’d be better off offgrid and pumping any excess into the ground. Very expensive installation and maintenance in Cayman, however, so it’s difficult to get a real savings.
That’s great Mr Panton now please end mask mandates!
There is an escalating war with catastrophic property losses, injuries, and deaths and yet you chime in with an irrelevant moronic comment. Grow up.
What’s the difference between Putin invading Ukraine and Bush invading Iraq. The USA lied to everyone about Saddam’s WMD and nobody gave a f***. It was all about oil and money.
Mr Premier, don’t be saying ‘OUR thoughts and prayers’, what utter nonsense. You do not speak for everyone. It’s 2022, get a grip man.
Prayer – Does absolutely nothing but still makes YOU feel like you’re doing something. Absolute madness.
Oh ya the cost of fuel will go up. Woohoo.
For the last 50 years the cost of everything on this island has been controlled by the few literally at the expense of everyone else. Just another excuse to make the few richer. Pathetic.
You don’t give one thought about the cost of living for common folk on this rock be they Caymanian or expat.
Jog on troll
well said.
A fair point re the us and Iraq, all tho slightly different in that this time a tyrant dictator is invading a democratic state, as opposed to a democratic state invading a totalitarian state with Iraq. Not that I am excusing the false pretext and fake WMD rationale behind the Iraq invasion. Likely there will be similarities with a Ukrainian civilian insurgence for years to come. On another note I commend the bravery of the Ukrainian president and government… they know they are likely to be assassinated in the coming days but are staying put in Kiev.
USA invading Iraq was a far greater atrocity than Putin invading Ukraine. Imagine if Mexico began cozying up to Russia and Russia was supplying Mexico with arms, etc, the US would not tolerate that. I understands Putin’s actions. He had to make his move before Ukraine joined NATO, as if that had happen Russia would be a sitting duck.
China and N Korea are fully supportive of Russia because Americà and the west are just too strong, some balance needed especially militarily.
Ukraine will win! Watch as the occupying forces get slaughtered on a daily basis by armed civilians. The Ukrainians want freedom, not a dictatorship. Russia invading Ukrainian is a move of desperation by a dictator who can’t accept the fact that all his neighbors choose freedom and democracy over a brutal dictatorship.
I too am an idiot, consuming all of the corporately owned mainstream media narratives that dumb me down.
Occupying forces rarely win, especially if the soldiers fighting don’t believe strongly in the cause. I would be willing to bet that Russia loses this war long term. Ukraine is huge and its people highly motivated. If I were Putin, I’d start worrying about what the Russian mafia thinks about losing so much money.
Putin is calling for a meeting because he knows that he’s bit much more than he can chew. He is scared which is why the coward has made the latest nuclear threat. Look at Russia’s military hardware…. old junk! Russian power is a myth just like it was for the soviet union. Ukraine all the way!!!
Keep believing that sunshine. You’re deluded
Exactly. Russia has not unleashed the full might of its arsenal. Russia will not lose.
Putin had set aside 600 billion to counter sanctions. That 600 B has been frozen by the sanctions it was meant to counter😂. His intelligence is definitely showing 😂😂😂😂
6:28 – Yeah, that why he needs help from Belarus and the Chechnean thug force. Makes total sense
Anonymous is coming for you, Russia. 😁
https://m.youtube.com/watch?v=Wu5YgEiwarc
Your’te so stupid. Putin has called a Jewish Ukrainian president a nazi, and Ukraine are nowhere near meeting the NATO membership criteria. But enjoy your delusion. Russia, China and North Korea are autocracies .. one man rules, you disagree and you die. Putin also kills people in the uk regularly.
“I understands Putin’s actions”
Idiots and their arrogance 🙄
I challenge you to explain how Russia would be a sitting duck if Ukraine joined nato. 2) How the hell do you compare USAs relationship with Mexico to Russia and Ukraine? Are you dizzy fam?
FYI if you don’t know what you’re talking about, it’s perfectly acceptable to keep your uninformed opinions to yourself. Advisable even. #lifehack
You have the same attitude as Putin. Because someone disagrees with you, you want them closed down. You are asking them to now, but if you had power and arms? I am not supporting Putin’s invasion, but our Western propaganda press is only reporting one side, the side that agrees with government narrative. There is a long history with Ukraine and Russia and agreements that were none of the West’s doing or business. While the Western woke have been focussing on gender neutral toilets, other things have been going on in the rest of the world we are oblivious to.
Huh?
Keep watching FoxNews – it’s making you so, so I intelligent.
Robert the US didn’t keep Iraq.
Right. The Americans simply killed over 200,000 people, threw thousands into poverty and destabilized the region, all in name of oil and imperialism.
The US gets zero barrels of oil from. Iraq. How was the war for oil?
CNS: Why the war in Iraq was fought for Big Oil
The oil and gas industry spent $115 million in 2021 lobbying in the US. See here. I don’t know what they ere spending in early 2000’s but we all know it was a lot. Imagine what they get in return.
More reading: The Iraq War and WMDs: An intelligence failure or White House spin?
A long read but worth it – Colin Powell Still Wants Answers
Hey CNS, the US bought 177,000 barrels of oil from Iraq in 2020. BOUGHT! If the invasion was to take the oil, why would they have to buy it? You’re trying to make it look like the US invaded a country to steal their oil. You may also want to keep in mind that the US spent billions rebuilding Iraq. A massive loss to the US.
I should also point out that the US consumes 18 million barrels of oil in a single day. The ANNUAL 177k barrel purchase from Iraq isn’t even enough to fill a day’s need of oil in the US. To say that was an oil war is FULL CROCK OF BS.
CNS: Terrible straw man arguments. I don’t think you understand the debate. This has nothing to do with whether the US buys oil from Iraq or how much it buys generally. No one thinks the US went to war because it needed a bit more oil.
However, the stated reasons for the Iraq war were fallacious, exaggerated or just plain made up and the Bush administration knew it. (No, I’m not letting Tony Blair off the hook.) By strange coincidence, the oil companies made a lot of money, while the people involved in the unbelievably incompetent/cash-draining reconstruction of Iraq made out like bandits, as did weapons manufacturers, as did many military corporations. Yes, the US taxpayers paid for it in blood and treasure.
Zero, really. I don’t call $6.19B exported crude to USA in 2019 squat.
https://oec.world/en/profile/bilateral-product/crude-petroleum/reporter/irq
500,000.. mostly children
Oh yeh forgot about that, makes it all ok then. You can invade a country as long as you don’t keep it.
Iraq was actually hostile to their neighbors, specifically Kuwait. Putin is invading a country that is not aggressive towards its neighbors and hasn’t attacked anyone. Your example is a false equivalency the Kremlin would have you believe.
Oh yeh those separatists and the shooting down of MH17 must be all mythical stories then.
Iraq v Iran, Iraq v Kuwait. Iraq v Kurds.
9:39 There’s a big difference you jackass. Ukraine simply wants freedom. Ukraine has never gassed its own people. Ukraine has never invaded its neighbors to steal their resources. You should at least do a little reading before posting a load of garbage on here.
Maybe you should take your own advice. same way America felt they were justified to put a naval blockade around Cuba to prevent a Russian military base from being built is the same way Russia feel about Ukraine wanting to join Nato. you puppets drink too much Western propaganda.
The US bombed Somalia yesterday and has been bombing it for 14 years.
US bombs were dropped on residential areas in Yemen the day before.
These weapons are aimed at some of the poorest people in the world. The ungreivable lives on the other end of business as usual.
Not true.
Read it and weep.
https://www.nytimes.com/2022/02/24/us/politics/somalia-shabab-us-airstrike.html
Bombed Al Shabab at the request of Somalia. Get your facts steaight.
Don’t talk straight until you can spell it first.
4:00 We’re talking about a comparison between the US invading Iraq and Russia invading a neighbor that poses no risk to Russia. As for Cuba… The US screwed up in handing Cuba to its people after acquiring it from the Spaniards. The abusive/brutal dictator took it over. Had the US kept it as a territory… It’d of been a hell of a lot better than the poverty stricken hole it is today. Why is Cuba such a dump?… because its big sister Russia has had its back. Dang those Russians sure bring up that standard of living eh?
LOL. Afghanistan posed no risk to America, unlike Saudi Arabia, but the Saudis were Bush cronies and they have the oil. America needed the opium in Afghanistan for OxyContin and to make defense contractors wealthier.
As far as Cuba goes, they posed no risk to America. You should do more reading into how Castro actually improved living conditions for his people, or do you believe it was wrong to seize plantations and teach people how to read and write.
Castro also fielded off numerous attempts on his life from American agencies by attempted poisoning and the totally hilarious Bay of Pigs debacle engineered by Americans.
There is an excellent book called the Jakarta Method that you should read if you’re interested in true history.
Bin laden? Remember him?
You mean the guy from Saudi Arabia?
Yeah, the one hiding in Afghanistan.
Yeah, Castro was great. He taught people how to read so they could read his propaganda everyday. And if they dissented, they went to jail or worse. He promised to turn the government over to the people at the end of the revolucion but he never did.
Their lives were so improved that to this day people pack into un-sea worthy boats regularly to escape Castro’s workers paradise.
Right. United States sanctions on Cuba have been in place for decades and have crippled their economy. Sanctions are simply wars with no bloodshed.
Fidel Castro never sent forces to invade another country. He never sent drones to bomb weddings.
America on the other hand, has forced its brand of imperialism on dozens of countries for decades.
Are you kidding? Cubans were in Grenada, Columbia, Nicaragua, etc etc.
You’re killing his misguided hero/worship buzz with facts.
Facts? The Russians became allies of Fidel. They were defending him from the Americans that threatened Cuba.
At least that’s what they teach in Cuba.
Then they are teaching Cubans the truth. Good for them!
What’s that have to do with Fidel’s Cubans going to Grenada, Nicaragua etc? Stop deflecting to support your uneducated opinion.
It isn’t about risk, it is about ‘American interests’. No one went to the aid of the Rwandan genocide, because there was no economic interests, nothing to gain. Same with Cuba, no oil or mineral reserves and therefore no American interests save for it being a missile base in time gone by. Not needed now, Russians can strike the US from submarine based nukes anytime.
Hell no. It would just be another Puerto Rico to pour money into.
It was nuclear missiles jackass.
Nuclear missiles supplied by the Soviets as a deterrent to American threats.
America forced the Russians to turn around and take the missiles home. So no more threat. Meanwhile everyone is omitting Castro’s long efforts to export communism throughout Latin America. Why would the US bother to trade with them?
Sanctions are acts of war that punish the people. America is a cruel neighbor to Cuba.
Oh really? A cruel neighbor? Cuba has China and Russia on their side. Why can’t they support them?
4;00 pm, we think you should go and live in Russia or Cuba, please go, we really don’t want you here.
Robert Mugabe IV reinforcing the fact that we’ll never know true reality, just a reality created by ones perception.
It is an ignorant person who would discredit prayer – funny enough that there is so much attack on Christian believers these days while no one says a peep about satanism being revered in movies, music and children’s cartoons!
Unlike you, many people in that war torn country appreciate and are asking for prayer because when everything around you is obviously out of your hands it makes the most sense to put your burdens in the unlimited vastness of the Creator of all existence.
So should we deny the victims the prayer they are asking for because you in your selfish ignorance insist it is useless as you trudge about in freedom and control of your life?
If you had no control of your life right now and your knees buckled under circumstance, believe me, you would very much be praying.
A humbling will come about on this planet as it always does and many who knew not, will know.
Quick history:
https://www.nationaldayofprayer.org/history_of_prayer_in_america
During World War II, Franklin D. Roosevelt prayed during the D-Day invasion of Normandy, June 6, 1944: “Almighty God, our sons, pride of our nation, this day have set upon a mighty endeavor, a struggle to preserve our Republic, our Religion and our Civilization, and to set free a suffering humanity…Help us, Almighty God, to rededicate ourselves in renewed faith in Thee in this hour of great sacrifice.”
“Appeasement only makes the aggressor more aggressive
He understands only one language — action!
And he respects only one word — force!
No sign of them stopping, no time for back channel communiqués
We need all the help we can get, air strikes and invasions
Retaliate, I say!”
“The will of good men can not counter the terrible strain of war”
Just make sure you keep Putin and his friends’ money safe.
You’re thinking of the BVI.
Get your slander straight.
Duh @ 9:42 am – And you really believe there’s no Russian oligarch or Putin-related money in Cayman? Only in BVI?? Wake up!!
Wrong jurisdiction dummy
Apparently you didn’t read the Compass today about Russian assets in Cayman.
Sanctioned entities need to be stomped out. Keep those Russian rats where they belong, in the gutter. Keep that crap out of the global financial system. Their crap $1.7T economy will go to Ranana Republic levels soon.
How little you know. The Russian government is filled with millionaires and billionaires and they are still oil and gas rich. Their allies will still buy resources from them.
We’ll see about that. They’re now being kicked off swift. They’ll be bartering soon. Hahaha!
Did they by any chance post any CIREBA listing… REal Estate agents feel free to post the listing here…
Who reads the Compass anymore though? As if….They clearly don’t write to target nor care about local interests, unless it overlaps with international interests (Article A)…and the audacity…
Give me a drink, my subscription refund, and then a break.
I’m not starting that putin and his filthy friends have their money in Cayman, but I will say that secret shell companies are the vehicles they will rely on to get around sanctions. All offshore jurisdictions need to step up their AML game to stomp out these rats and keep them off the global financial system.
*Stating
Question is, if AML game works, why is it that the City of London, Delaware, Nevada, New York, Chicago, Miami and so on are still some of the biggest hypocrites in the AML fight? Onshore is more of an AML risk than offshore jurisdictions. That being said, all should be playing our parts to stamp out proceeds of crime, especially serious crime.
Putin has one thing in common with our Civil service – when the Ukraine president called him as the invasion started, he didn’t answer his phone.
Cost of living rise with all those Russian Funds about the place yah Come on Wayne it’s time to pick Valdamir pocket and GP get Paid and Stop those in London from running away with all that money $$$$ while talking pure foolishness bout stand with the Ukraine ! We stand up against Russia when tek Dey $$$$ from them and spend it on us.
Did you stand with Iraq? Syria? Did you pick their invaders pockets? At least be consistent.
I wonder if there are International Laws that regulate your “proposal”?
8:43 is that English?
If this were to occur, would we be inviting Russia meddling with Cayman? Cyberattacks, etc?
It’s time to Seize that money here dear Gov not stand with Ukraine Sympathy without relief don’t mean a damn thing .Yes all those building Condos along west bay road with Russian money need to be stopped right away. All those Law Firms involved need to declare their Russian interest and hand over the dosh to the Cayman Government why should we suffer COL rise when we got all those Funds right here ?? That’s how we supported UKraine !
Good point. Partners in some law firms might be very nervous right now.
My thoughts exactly. Especially those Partners, Directors, Corporate Lawyers, Senior Compliance & Corporate Administrators (Cohorts & Team Mgrs), and Fund Administrators who are responsible for services relating to Russian Capital, Assets, Debt Servicing, etc. Even, Cayman Islands Registrar that maintain company records, on a National Level — ALL NOW REQUIRED TO COMPLY WITH THE LATEST RUSSIA SANCTIONS.
I can think of two law firms that are probably trying to have private discussions with Premier to figure out what they are going to do.
But not with your premier.
If not the Premier, then WHO??
I worked in a major local Trust Company for 35 years and we never had a single Russian account on our books, neither did we get embroiled in a single lawsuit.Our due diligence served it’s purpose.
AML damage control troll?
Lol. Guess you work at Burger King. Cayman firms have the best kyc and aml in the world, all well on top of this
Did you read “IN FULL: Putin’s declaration of war on Ukraine”
Long read though.
Agree or not, he made good points, however it doesn’t justify his actions. By the way,did Cayman seize their money?
“You don’t have to look far for examples. First, without any sanction from the UN Security Council, they carried out a bloody military operation against Belgrade, using aircraft and missiles right in the very center of Europe. Several weeks of continuous bombing of civilian cities, on life-supporting infrastructure. We have to remind these facts, otherwise some Western colleagues do not like to remember those events, and when we talk about it, they prefer to point not to the norms of international law, but to the circumstances that they interpret as they see fit.
Then came the turn of Iraq, Libya, Syria. The illegitimate use of military force against Libya, the perversion of all decisions of the UN Security Council on the Libyan issue led to the complete destruction of the state, to the emergence of a huge hotbed of international terrorism, to the fact that the country plunged into a humanitarian catastrophe that has not stopped for many years. civil war. The tragedy, which doomed hundreds of thousands, millions of people not only in Libya, but throughout this region, gave rise to a massive migration exodus from North Africa and the Middle East to Europe.
A similar fate was prepared for Syria. The fighting of the Western coalition on the territory of this country without the consent of the Syrian government and the sanction of the UN Security Council is nothing but aggression, intervention.
However, a special place in this series is occupied, of course, by the invasion of Iraq, also without any legal grounds. As a pretext, they chose reliable information allegedly available to the United States about the presence of weapons of mass destruction in Iraq. As proof of this, publicly, in front of the eyes of the whole world, the US Secretary of State shook some kind of test tube with white powder, assuring everyone that this is the chemical weapon being developed in Iraq. And then it turned out that all this was a hoax, a bluff: there are no chemical weapons in Iraq. Unbelievable, surprising, but the fact remains. There were lies at the highest state level and from the high rostrum of the UN. And as a result – huge casualties, destruction, an incredible surge of terrorism.”
Disclaimer: I am just a messenger. I do not support Ukraine Invasion or Putin. The statement in full is published by Daily Mail.
Yep. Putin is a mad man.
For those who are interested in learning more on this, read The Jakarta Method and seek out an excellent and entertaining podcast series named “Blowback”. Season 1 is on the Iraq War and Season 2 is on Castro. Both seasons are very informative and truthful with cool music and some humor sprinkled in.
Sure, I don’t fault your logic but do you want to risk messing with a man’s money? Especially a man who has climbed one of the most corrupt political spheres and has retained power through any means necessary? A man willing to throw countless lives into war to remain on top?
again, its not wrong for you to think that, I would also like to believe the world can take a strong stance against people who act like this but we have no weight in that argument. We have no defense force, no weapons capabilities. If Russia or anyone were to try and take over Cayman what do you think our government will do? I can assure you every last government official will leave. Ukraine changed their tune on firearms at the last moment. ‘ Oh you can have firearms if you fight for your country, while Russian rolls tanks through the streets’. Our government wouldn’t even do that for us… so I don’t think we have the testicular fortitude nor the resources to simply freeze that man’s money.
Fortunately it is not your decision.
Oi Russia. You’re messing up my channel! Keep this up and I’ll soon be bankrupt.
Mr Premier, rather than state the obvious, please state what you propose to do about it as a ‘leader’.
I agree that our Premier has a lot of nice rhetoric (without following through with substance of results), but it is somewhat limited what he’s able to do to stop the innocent victims in the Ukrainian right now.
The post was referring to cost of living. He can do something about that!
Governor urges Cayman to stand with Ukraine.
I was standing with and praying for people of Iraq, Syria, Lybia, Bosnia and Herzegovina, Afghanistan, to name just few past and current war zones. Did my standing help them? Did it change their fate? Did it make me feel good about myself?
Are humans genetically predispose to kill each other?
Are we the most vicious killers of our own kind? Yes, we are the most relentless killers on Earth. We not only kill our own, we kill all other creatures.
We call ourself “sapiens,” (the wise one). Are we? It is nonhumans who are predominantly peaceful, yet we call humans who kill or harm other humans “animals.”
Why do we keep killing each other in 21st century? How different we are from our primate ancestors?
What science says about human violence? Will it ever change? When (if) will our genes change? Does anyone have answers, other than “standing with and praying for”?
How many people have the British killed?
Still ordering the slaves around
How many Africans have been killed by Africans through history to date? How many Africans were sold to the white slave traders to ethically cleanse weaker tribes? Exactly how did slaves get from the African hinterlands to the coastal markets and ships?
How many people now die at the hands of their own communities in Jamaica, Detroit, New York, London, West Bay etc..
How many African despots have destroyed their own countries economies, raped, maimed and killed their own people for personal gain since colonial independence?
Tell me, exactly how did a nation of a few million during the 17/18 and 19th centuries colonise almost the entire the world without the complicity of native populations?
Go read a book, learn from history, don’t dictate what you think you know, that’s Hitlers and Putins playbook in Europe.
As they say, history is written by the victors. Obviously alot you need to get off your chest there given the response to a single most likely troll.
Like everyone, we soak up the propaganda from our respective nations but that doesn’t make yours (propaganda) more important than mine.
/s
8.02am The British lost more than a million soldiers in the two world wars helping to protect the world from the Germans. They also suffered more than 70,000 civilian deaths in World War 2. Tell me how many Caymanian “slaves” were killed in action?.
25 @ 6:30 pm – Many Caymanian “slaves” were killed in action in WW1, WW2, Vietnam. “Slaves” in the context that they were fighting on behalf of a Colonial “master”.
Please check with Cayman’s Veterans Association or the National Archives for names & numbers. My uncle, torpedoed by Nazi U-boat in 1942 was one, his colleague from Cayman Brac was two!! My cousin who died in Vietnam was three!! There were dozens others! Dozens among a population of a few thousand in Cayman (at those times) equates to a million among the British population.
Please, when you DO NOT KNOW a thing about Cayman’s history, don’t criticize it!! Perhaps you live here? Then familiarize yourself – spend some time at the National Archives educating yourself!!
8:29 am, my grand uncle was killed on D day in France fighting the Germans he was a major, and was bought back to Little Cayman in a led coffin. My other uncle ship was was torpedoed south of Cayman and he was lost to never be seen again.
The reality is that past Africans and their descendants are responsible for killing more of their own people than any other country, continent or race could possibly take responsibility for.
Inter tribal, ethnic and religious wars, modern despots and communist dictatorships, not to mention Africas own complicity in the North Atlantic slave trade, have claimed millions of lives in the past and continue to do so today.
The British need take no lessons from those who sold their own into slavery and who continue to terrorise their own people in cities across the world. Exactly what have you been doing in the 200 years since the British abolished slavery?
Oil
There is a lot of Russian money here though it is well hidden by shell companies here.
The Russians know how to take care of their money.
There are no easy answers for your questions. I have no love for the Ukraine because of their leadership’s previous actions and I believe that the U.S. President is about as useless as the proverbial tits on a boar.
Here’s an idea, how about for the time being, we stop putting duty on any food coming into the Island, It would be a help to those already facing hardships… Since I am not a politician, I can only think in a way of, what would help most people..Callllll me silly….
Basic food items like bread and flour are already duty free.
I think it’s fair that ‘luxury’ items like candy come with duty though.
White bread? Or GF bread as well?
Are basic fruits and vegetables luxury items?
We need a full repeal of import duty on all fruits and vegetables not grown on island.
This will also help encourage healthy eating which will in turn lower CINCO and HSA health care costs to the government.
Saunders have the good ideas from before the election, he will get it done!
Maybe the government can take in a few families who have been displaced by this war.
Putin should have said Ukraine has WMD.
That justifies it.
They supported the freedom truckers, they deserve it.
Standard. Everything is political with people like you. ‘OOO NO, someone likes Trump or supports some people in trucks protesting while they use bouncy castles and grill meat in freezing weather…I guess they deserve to be invaded by one of the largest country in the world”
So damn tired of you low IQ people that have turned everything into a political statement and are willing to support harm or death your opponents’. How are you different from the people you claim to hate?
I hate to compare Putin’s intelligent to any of the west’s politicians.
Increase in the COL caused by the invasion… over and above the current blatent gouging by unscrupulous purveyors of essential products and services, some of whom enjoy a monopoly.
In reality, worldwide inflation and supply-chain issues as a result of covid hasn’t really hit Cayman yet. Without this invasion/war we would’ve been facing a challenging year.
But anyone paying attention over the past year would’ve expected that. Premier Wayne is coming late to the ball!
Yes, Wayne, we expect higher fuel (and its fallout) prices but why didn’t you make that “warning” when your Gov’t took over? It was clearly on the wall!! Now because of Putin’s war you’re warning us?
Clearly PACT is getting a head start on blaming Putin for our forthcoming inflation.
Forward to April 2025, after a 3 years of non-stop inflation and additional welfare programs, a nearly-broke Government seeks re-election. Headlines – “While the election campaign is its final days, Premier Saunders steadfastly asserted that there was nothing else PACT could do curtail inflation in Cayman, because Russia invaded Ukraine.”
Nothing to do with supply chain, try printing trillions of US $ from nothing, just to keep wall st in business and out of jail.
Wrong. Global supply chain issues are documented as truths literally everywhere.
Not to the uninformed idiots who get their information from FauxNews only. I love how Mitt Romney, in referring to the mentality of Trump’s white supremist Republican base yesterday, quoted the movie Butch Casidy and the Sundance kid: Morons. I have morons on my team. The irony of this is that these morons don’t even realise he’s talking about them. They just know that Hilary called them “deplorable” -which they are.
Obviously you have not followed the increase in container shipping costs. CNS should do an article on it.
Marco was the only real Finance Minister. Great replacement smh.
I hope that ALL Russian assets in and through Cayman Islands banks are frozen! It’ll be billions!
Are you ONE with your government?
Are Canadians ONE with Trudeau Government?
Are Americans ONE with Biden administration?
Are Australians ONE with their Government?
Are Russians ONE with Putin?
Are Ukranians ONE with Zelensky?
https://www.npr.org/2022/01/27/1076199817/where-president-zelenskys-popularity-stands-with-people-in-ukraine
Red herring argument.
Freeze American assets, the US murder people everyday in foreign lands. Silence from you
25 @ 8:07 am – Can you suggest how the world’s banks can seize US Government assets? You want to direct their tries?
Oh..silence from you?!
Bullshit.
8:07 you’re a fool. And remember one thing, you live well because of the US. I always laugh when I read how Cayman uses its “close proximity” to the US as a selling point on real estate brochures. Being close to us sure pays dividends. Hahahaha!
CIMA haven’t a clue what’s here so wont find anything.
AML damage control troll?
Not ALL Russians are bad people
The sins of the father…
8.30am But Russia is the only country banned from the Olympics.
This has to be a troll or if it’s not, it is very stupid.
The Olympics has nothing to do with the millions of Russians who are good people and oppose war.
8.30am But Russia is the only country banned from the Olympics.
You realise none of those assets are actually here right? There’s no cash hidden in a hole on seven mile.
built on the sands?
Shipping Registry and General Registry have important information. Start basic and then go more complex.
6:35 We all realize that. Thank you for the refresher. But the entities and the directors with control/approval authority are here. A freeze order will stop the entities and directors from authorizing movements of assets regardless of where they’re located.
Premier warns every single week regardless of world events cost of living will continue to rise whatever.
wow…thanks for that wayne….zzzzzzz
i wonder how much russian money runs through our financial services???
Depends which service provider.
For some – its ALOT alot.
Like ship registry….
Re increase in gas prices – seems like an excellent time for this ferry I heard about this week, from North Sound Estates to Camana Bay, to get started. Fantastic idea and I can’t think of a more pleasant way, to get to work – and quickly. I wish I lived out that way.
Yeah but tickets @ $12/person to start is a hefty fee.
Is that each way? That is fairly steep – I thought it might be between $5-8.
Less than $5 if you buy in bulk
yep $12 each way…. a truly caymanian solution to a cayman problem. will give it 6 weeks before they pull the plug.
$12 for a boat ride instead of $12 in gas and an hour of frustration. Sounds like a good deal to me!
24 @ 9:48 am – Mike Dise or someone involved with Cayman Kai development started a ferry service decades ago. It wasn’t successful. More recently there was another attempt; same result. Ronnie Anglin tried it before and now again. I truly wish him luck.
Why doesn’t it work? Firstly, it’s not a car ferry. Secondly, there is no reliable public transportation on the GT/WB end to satisfy users needs when they leave their cars ion North Side.
As usual, the public service side of this equation, to make it properly functional, is non-existent!!
It works in Bermuda
25 @ 1:03 pm – the Bermudan ferry service is excellent. It works because it forms part of the entire public land-transportation system, which is also excellent. I’ve used both.
Cayman has NO public transport SYSTEM, – just a lot of free-for-all independent operators, regulated by idiots, with LITTLE benefit to the general public! Yet! I remain hopeful, but not as long as the present CO in the Transport Ministry and the Director of the Public Transport Unit are remain in their posts!!
Absurdistan
Absolutely right. An integrated public transport system for the people, not for the enrichment of the few.
If Bermuda is the example, Cayman is the village idiot.
Third world mindset rules the day here
We all get a gas stipend now correct?
An immediate prediction of higher prices in response to a crisis is just a way of deflecting, “nothing we could do about it”.
Reminds of a senior elected official here that said the immortal words “we knew it was coming and we were prepared” during the financial crisis.
Lol. What exactly do you think CIG can do about oil prices?
Nothing, but they can reduce duty
Remove the tax costs?
Our gas is already cheap compared to most of the world. Still not happy, stop driving a massive suv or truck.
We need Sir Alden to lead us thru these terrible times. Please Sir Alden save us from this mess!
Yeah – he will get Putin to retreat.
Agreed! Nothing we can do here is going to blunt this impact. Although maybe it is short term. We advise people to expect and even to anticipate the cost of goods going up.
Hopeless future planning in action again. Solar power has the potential to cover much of energy requirements on the Islands, whilst a single charge of most electric cars will see you from one end of GC and back again. Decent public transport and making homes as energy efficient as possible. And this is not a poor place, there is enough money, effectively allocated, to actually make many of these changes a reality.
Sadly; utter incompetence in government coupled with endemic corruption will ensure we remain dependant on fossil fuels, driving gas guzzlers, stuck in traffic jams literally burning wages earned from jobs that could be done at home.
By the way, it’s spelled Kiyiv not Kiyav.
CNS: First of all, huge apologies for the typo. Secondly, our sympathies are fully with all Ukrainian people today. I’m so sorry.
It’s okay to stand against Putin, support the Russians who oppose war, stand against Nazizs and support the innocents on both sides that are always sacrificed in wars.
Thank You.
Every news outlet and wiki spell it KYIV ?
https://en.wikipedia.org/wiki/Kyiv
The previous spelling : Kiev, is apparently a throw back to the Soviet.
The accepted spelling is now KYIV.
Makes no sense. And silly.
Russian, before Soviets.
I like Kiev as in chicken.
Zelenskiy had a duty to Ukrainian citizens to prevent this from happening. Instead, he resorted to “barking, like in the famous Krilov fable “The Elephant and the Pug”at the “Elephant”, directly insulting Putin. Perhaps he felt so brave believing Big Brothers are on his side and was seeking an admiration. “To bark at Elephant this Pug
Must be a real strong mug!”
Like a toddler, not the Leader of a large country, he was picking at the Minsk Agreement his country signed in 2014, because he didn’t like the “parts”.
He obviously didn’t attend Diplomacy school before running for office. May be he believed, being an actor, life is like Hollywood movies, the end is always happy.
Even President of the US didn’t hesitate to call Putin a killer and his cohorts continued with unprecedented insults non-stop. Putin remained calm and was not responding like a bully to the insults, pushing diplomatic resolution of the conflict. All his proposals were ignored or rejected.
Now, I am not defending Putin invasion of Ukraine, in fact I am shocked just like everybody else. It is always civilians who suffer first, last and in the middle’ during wartime.
What I am trying to say that no one should be running for office unless he or she if not mastered, but at least familiar with the International Politics and Diplomacy. It is appears Diplomacy ceased to exist in 21st century.
Do you remember The Negotiator(1998) movie or Hero(1992)? Police don’t negotiate today, they shoot first, at least in some countries. The same is happening in International Politics.
6:13 – go spew your stupidity elsewhere. Congrats on your movie derived education.
He’s got a bro-crush on Tucker Carlson.
Huh?!?!
If you think what is in the WH now are masters of diplomacy, then your standards must be very low.
Millions in Iraq, Afghanistan, Somalia and Yemen know all too well about the “wars to protect U.S. freedom”
The Jakarta Method that began in Indonesia set the table for decades of endless American interference and wars, no matter which political party happened to be in power.
All shitholes. You do your best.
The popular opinion of many in the military or formerly in the military who think they are morally superior to those in countries they invaded and destroyed for nefarious purposes.
Those who live in those countries, not so much. It’s home to them, just like Cayman is to you.
the cobbler should stick to his last
what a twat
“Now, I am not defending Putin invasion of Ukraine…..”.
Actually you kind of are. You are sure as hell defending Putin and blaming Zelenskyy. You say he should have prevented it happening! How ridiculous could your argument be? Zelenskyy never had a chance of stopping this, it was pre-planned long ago and Putin now stands to be remembered as a power-crazed butcher like Stalin and Hitler.
War or rumors of war, prices are high in Cayman. The gas companies in Cayman will just use this situation to further justify their price gauging. There could be 300 years of peace, and the the gas prices in Cayman will still be as if WW3 was on.
The US stock markets had a nice day. Capitalism loves war.
The US isn’t a capitalist country.
Well, one could argue it is capitalist just not in the good way. Capital has now accumulated into the hands of the few and they use that to control the many through the government.
America is capitalist, just not free market capitalist.
An interesting tidbit about the fuel companies here. They don’t source the fuel they sell is, off of the open market. They purchase it from their parent companies at a price THEY FEEL we will tolerate!! Facts. So I’m sorry, this individual cannot accept that the PACT Government can’t do anything about fuel prices here.
It is pure greed.
As long as the duty is based on gallons instead of dollars you will have this problem.
How about looking into the minimum wage so it will be compatible with the cost of living? Come on, I mean being the fifth financial center and having a six dollar minimum wage, (usually a lot of employers are getting away with $4.50 an hour), is really a joke!! Come on Mr. Premier and deputy Premier, we have to address this problem right away or you will see a different war here, a huge rise in crime. THINK OUTSIDE THE BOX AND GET PEOPLE TO A DECENT SALARY!!
5:50 Remember Your Grand Mother will also have to pay for services!
Huh?
URGENTLY Sir,
PLEASE begin the overdue the Minimum Wage Committee (sans Lem Hurlstone this time).
Please and tanks
Politicians are so gross. Thanks for the warning, Wayne. The scary thing is that this has been on the radar for a long time, where something like Covid isn’t. But either way, things happen that can have a negative effect on our economy.
Sometimes it’s an own-goal like getting on blacklists for failing to meet deadlines. Maybe the EU or US wakes up one day and passes a law that makes it punitive to do business here. Maybe there is a massive hurricane. Maybe there is a recession.
The prudent thing to do is to make it as easy as possible to do business here and to plan for these potential downswings.
That means not spending money you don’t have. It means not handing money out to people without requiring them to demonstrate need. It means not keeping unnecessary covid restrictions a minute longer than we have to. It means trying to do things that will actually lower the cost of livings for Caymanians and residents alike, like looking for ways to lower import duties and fees. It doesn’t mean going on a spending spree on things we don’t need.
Instead of just handing out cheques to people who may or not be working, you could just open the economy back up so these people would have no reason not to be making money. You could temporarily cancel import duties on fuel. This tiny island has a billion dollar budget and we can’t balance the books? It’s unbelievable. You want to blame Ukraine for cost of living? Look in the bloody mirror at what goes on here.
Trump’s master at work. What a terrible situation
Much bigger than that bobo. Do more research.
Duh. But the guy still praised a dictator and that guy that loves him has a lot of ignorant followers here.
Ignorance is what is in the WH now and this is all on Biden!
Um, speak for yourself Bobo. The orange wanna be king is more dangerous and was Putin’s puppet. Maybe go back and re-read history, such as the events leading up to WWII. Both Putin and the orange wanna be king are molded in the same cloth.
WTH are you watching the news? Trump is not in office. You probably one of the democrats that are using “Lucy in the sky with diamonds”? Your president in January said he would use the military (Biden). In February he’s talking sanctions two Russian banks? He is a p@#$y!! What about the people? At least help them to get out.
But her emails.
Please explain how the hardest sanctions on them ever is a pussy move….
Typical response from Trump lover; completely effing clueless. The world’s flat to right?
Hey, love is blind. You love your Speaker.
Russian tankers are eating javelin anti tank missiles thanks to Trump. Obama/Biden equipped them with blankets. Strange Putin decided to invade after Trump left isn’t it. Same thing in 2014 in Crimea with Obama/Biden running things. Now we all have to eat Biden’s energy policy as well. The poor will suffer the most as usual. You have no clue what you are talking about moron.
7:09 that’s BS you ignorant buffoon. Several major weapons shipments were sent by the Biden Administration. The bobo Trump administration stopped all shipments to Ukraine as an arm twisting tactics for dirty political work.
This is all on Biden!
I think it’s fine to just shut up on issues you don’t know enough about.
This wouldn’t have happened if Trump was still in power
You’re right. Trump would let him get away with it.
No, the U.S. would become a state of the Soviet Union instead and the orange wanna be king would be peeing himself.
How about some bike lanes Wayne?
Ukrainian President Zelenskiy decrees mandatory enlistment, number of conscripts yet to be determined.
Bike lanes? Bike lanes?
What in the holy hell is wrong with you?
Do we need to start planting fruit trees?
It should have been planted already.
Wayne is just looking for an excuse to use when he is asked to explain why he did nothing about the high cost of living he will simply say it’s the war and he can’t do anything. This announcement is a little gratuitous
Yes this is going to happen, what I would lime to know is our premier going to freeze all and any Russian investment, banking interest ls though our island? I have money on it no!
Not up to him. Ask Boris.
Funny, Europe, including the U.K. did not want to freeze SWIFT as the U.S. wanted to do. They said let’s wait a month. There will be no Ukraine in a month. And yet there are posters here who only want to blame the U.S. when it is a NATO issue and world issue. Try blaming the world for once and the idiocy of greed.
Actually the UK do want to freeze Swift it’s everyone else that doesn’t.
That is in The Daily Mail today.
Boris Johnson was the first to suggest.
Except the cost of living was high already. No excuse. The Biden administration caused this.
Come on, man!
Maybe it was the Russian invasion. Biden didn’t invade Ukraine.
No but he could have squeezed Putin in so many ways! The fool closed the US Keystone pipeline and approved the Nordstream 2. That is insanity or maybe it’s just intentional.