Recent Financial News and Events from Cayman Islands
Due to the high proliferation of financial companies in the Cayman Islands owing to absence of any direct taxes that has resulted in large scale money trafficking, the government has slapped stricter banking regulations in order to counter the increasing menace of money laundering.

The Islands are also prone to hurricane strikes and Hurricane Ivan struck in 2004, which was the most devastating hurricane to strike in 86 years. Still due to the resilience shown by the people and the government of Cayman Islands, the infrastructure and economy was back in shape in less than two years.
In the elections held in 2005 Kurt Tibbets was elected Premier of Cayman Islands when his party, The People?s Progressive Movement defeated the governing United Democratic Party. The government of Cayman Islands launched a Constitutional review in 2007; the present constitution was adopted in 1972 and provides for substantial autonomy from Britain.

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Cayman Islands Latest News

Military coup was illegal, rules Fiji court - 09 Apr 2009
, the European Union, the US and the Pacific Islands Forum to restore democracy by holding

Voting begins in Indonesia elections - 09 Apr 2009
in the sprawling archipelago nation of more than 17,000 islands spanning three different

Bipasha, Kareena, Priyanka are Bollywood's bikini girls - 07 Apr 2009
Islands, the site of the atomic bomb testing.    As far as Bollywood

Ice bridge in Antarctica snaps, may cause Wilkins shelf to break away - 06 Apr 2009
a shelf of ice the size of Jamaica to two islands in Antarctica has snapped, which... more freely between Charcot and Latady islands, into the open ocean.The ice bridge...;"The fact that it's retreating and now has lost connection with one of its islands

Ice bridge ruptures in Antarctic - 06 Apr 2009
to two islands in Antarctica has snapped, BBC reported. Scientists say... removal will allow ice to move more freely between Charcot and Latady islands... lost connection with one of its islands is really a strong indication

Oz PM Rudd's ill behaviour linked to iron deficiency - 05 Apr 2009
Sydney, Apr 5 (ANI): Australian Prime Minister Kevin Michael Rudd's ill behaviour with a flight stewardess on a VIP flight from the Pacific Islands Forum in Port Moresby in January has been linked to a possible iron deficiency. Rudd

India's climate refugees forced to fight - here and now (With Image) - 05 Apr 2009
to the thousands who live in the 12 sea-facing islands of South 24 Parganas district

Use the net to go 'around the world in 80 telescopes' - 03 Apr 2009
, the William Herschel Telescope in the Canary Islands at 12.10am BST (Saturday

Oz PM apologises for making stewardess cry over in flight meal - 03 Apr 2009
attended the Pacific Islands Forum, was told by the 23-year-old flight attendant

India's Anjaan RJ among 'Best Job in the World' finalists - 03 Apr 2009
neighbouring islands, swim, snorkel, discover wildlife, and the locals on a 150,000

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