Wednesday, October 17, 2007

Free Internet Tuesdays at Cafe Del Sol

The secret is out! Save the Internet prices 1 hour - $4.00 or 1/2 hour - $2.75, and use their big screen monitors all day long to surf FREE.

This is a great little Internet cafe similar to Starbucks in North America, but the bastards charge too much for the perks.

Printing for example is $0.15 a page for b&w, or $0.50 for color! Faxing $1.00 a page, regular Internet for 5hrs surfing $17.00. Also, the WiFi is not free if you take your own laptop upstairs. You have to be Cable and Wireless subscriber!

Coffee and Chai Latte is priced similar to Starbucks as well, costing as much as $2.05 and $4.50 per cup respectively. All cakes are $4.50, and a BLT is $6.00!

Do yourself a favor and just visit on Tuesdays, eat first though.

Locations:

NOW OPEN IN GEORGE TOWN!
Aqua World Duty Free Mall between Harley Davidson& The Blue Iguana

Tel:(345) 943-3322


The Marquee Shopping Centre OPEN 6:30 AM Monday-Friday

Tel: (345) 946-2233

Tuesday, October 16, 2007

Cayman's Fuel Mark Ups Highest In The World

A consultant's report reveals fuel mark-ups in Cayman are among the highest in the world.


Since the cost of gas is one of two very big concerns for residents, Government leaders are ready to take action once the report is presented in cabinet at the end of this month.


But that's not soon enough for the leader of government.


He's going one step further and meeting with Esso and Texaco officials next to discuss the findings of the report.


The leader of government business says he expects a resolution in the form of action taken by 1st January next year.

Monday, October 15, 2007

Update on Baby birth on Cayman Aiways

Cayman Airways employees followed the rules concerning its travel policy when checking in a pregnant woman who later gave birth on the plane, the airline asserted.







Cayman Airways

Cayman Airways followed its travel policy regarding pregnant passengers. Photo: File


Shellesha Woodstock gave birth on board the Cayman Airways flight on 2 October after her water broke early the previous morning.


A valid doctor’s letter allowing Ms Woodstock to travel was presented when she checked in on 2 October for a flight to Kingston, said a Cayman Airways statement.


A recent statement from the Health Services Authority says that Ms Woodstock did not travel on the date as agreed and specified on the medical certificate.


However, the Caymanian Compass has seen the signed doctor’s letter, dated 1 October, giving Ms Woodstock permission to travel. The document does not stipulate dates on which travel is good for, nor is there an expiration date printed on the letter.


Ms Woodstock was given the letter when she went to Cayman Islands Hospital on Monday 1 October after her water broke that morning. When she did not make the Monday afternoon flight on Air Jamaica, she spent the night back at the hospital and then she checked in for the 6.45am flight with Cayman Airways on the Tuesday morning of 2 October.


The signed doctor’s letter, from the Public Health Department CIHSA, dated 1 October, 2007 certifies that Shellesha Woodstock “is pregnant and has been under our care. She is 29 weeks two days pregnant and in good physical condition.


“She is in a fit state to travel by air,” it ends, and is signed by the obstetrician Gilbertha Alexander.


Cayman Airways also noted its general policy with regard to taking pregnant passengers, stating it complied fully with this.


The airline operates under a Civil Aviation approved operations manual.


In this manual, the policy regarding carriage of pregnant passengers reads, “Cayman Airways will accept pregnant passengers up to a maximum of eight months (32 weeks). Thereafter further travel will be accepted by the company only by the presentation of a valid doctor’s certificate approving the individual for air travel. The certificate must include the stage of pregnancy, name of doctor, dated and signed.”


This policy is similar to that of American Airlines where for international travel or any flights over the water, travel is not advised within 30 days of the due date, unless examined by an obstetrician within 48 hours of outbound departure and certified in writing as medically stable for flight.


Continental Airlines’ policy requires a doctor’s certificate within seven days of anticipated delivery.


Cayman Airways says it is proud of its crew who acted with urgency and professionalism when they realised that Ms Woodstock was going into labour.

Monday, October 8, 2007

All sides deny responsibility for birth of baby on Cayman airline

Jamaican consulate investigating CAL birth






Jamaican Consul Robert Hamaty

Jamaican Consul Robert Hamaty

Ms Woodstock, who ended up having her child in flight on Cayman Airways last Tuesday, has claimed a doctor and nurse at the George Town Hospital told her to go to Jamaica to have her baby because it was too expensive in Cayman.


“We’ve been getting bombarded with inquiries about this,” Mr. Hamaty said.


The father of Ms Woodstock’s child, Laslin Clarke, had called the Jamaican Consulate’s Office to complain about the matter.


Mr. Hamaty said Mr. Clarke was asked to bring in a written complaint to initiate the investigation.


The story has created a stir both here and in Jamaica. On Saturday, the Jamaica Gleaner ran a story about the incident under the headline ‘Jamaican woman in labour kicked out of Cayman’.


Cayman’s Health Services has denied Ms Woodstock’s and Mr. Clarke’s account of the incident, saying they chose to travel off island to deliver the baby and requested a medical certificate allowing clearance by the airline to fly.


The HSA has stated one of its mandates is no one should be denied medical care.


“As a government owned entity, the Health Services therefore has an obligation to provide medical care to all residents of the Cayman Islands regardless of nationality or ability to pay,” it said in a press statement.


“The Authority has in place arrangements to facilitate patients who are unable to pay immediately for care to receive medically necessary treatment and a financial plan worked out for ongoing payments.”


Ms Woodstock has said she never discussed finances with anyone at the hospital before she was told it would be too expensive to have the baby in Cayman. As an employee in the Cayman Islands, Ms Woodstock was required to have health insurance that would have at the very least covered 80 per cent of the costs of her hospital stay and 80 per cent of post–natal care for the newborn baby for a period of 30 days.


Although she had an insurance card with British American Insurance, the insurer would not say if the policy was still active. Ms Woodstock, who works as a domestic helper, said her employer paid the premiums.


Mr. Hamaty said he will report the findings of the Consulate’s investigation once it is completed.

Thursday, October 4, 2007

Baby Born on Cayman Airways

Insurance was at issue

Questions are starting to emerge about what led to a 19–year–old Jamaican woman giving birth on a flight between Grand Cayman and Jamaica Tuesday.



Talking on the phone from her room at Cornwall Regional Hospital in Montego Bay, Jamaica, Shellesha Woodstock said her water broke at about 5am Monday morning and she went to the George Town Hospital's emergency room. From there she was transferred to the hospital's maternity ward.

It was at that point that her problems began, Ms Woodstock said.

At the maternity ward, Ms Woodstock, who was only 29 and–a–half weeks pregnant, presented her medical insurance card. She was soon told by hospital staff that her insurance only covered her alone and not the baby," she said.

A nurse advised her that she could not afford to have the baby in Cayman, and should travel to Jamaica for the delivery. A maternity ward doctor was present throughout the discussion and agreed with this advice, Ms Woodstock said.

A doctor gave Ms Woodstock an injection for the baby's lungs – likely dexamethasone, which is often administered to premature baby's to increase lung maturity.

She was subsequently given a signed letter by the doctor, indicating that is was safe for her to travel to Jamaica.

"When I got to the hospital, they told me they don't want to take the baby, so what they going to do, they going to send me to Jamaica. What they tell me about it was that it was too expensive but I didn't tell them anything about any money."

Ms Woodstock and her partner, Laflin Clarke, a Department of Environmental Health employee, returned home to pack bags but did not make the 1pm Air Jamaica flight.

They returned to the hospital and spent Monday afternoon and night at the hospital's emergency department. Here, Ms Woodstock was seen by nurses but was not consulted by a doctor, she said.

At 5am Tuesday, Ms Woodstock and her partner returned to the airport, where they caught the 6.45am CAL flight 600 to Jamaica.

Within 10 to 15 minutes of boarding the plane, Ms Woodstock, began to feel cramps. She alerted a flight attendant that she thought she was going into labour. CAL staff responded by laying her on the floor near the cockpit, and within five minutes baby Latiesha Julene Clarke was born. Captain Kris Bergstrom diverted to Montego Bay, where the flight was met by an ambulance, Cayman Airways reported in a press release.


In a statement, the HSA said: "The patient was assessed by the attending physician and expressed her desire to travel off island for the delivery. Based on the Physician assessment the patient was deemed fit to travel.

"It is standard industry policy by most airlines to accept, as passengers, expectant mothers, in their 28th week of normal pregnancy or less. However, a certificate from their doctor is required to prove the duration of pregnancy.

"One of the risks of any pregnancy is that the membranes could rupture weeks or months before due date and is not an inhibiting factor for air travel."

However two leading obstetricians have expressed shock the young woman was allowed to travel.

Dr. Sarath De Alwis, a consultant OBGYN at Chrissie Tomlinson Memorial Hospital, said never in his life has he heard of a 29–week pregnant mother, with membrane rupture, being allowed to fly.

The fact that baby Latiesha was so premature meant expert medical care and equipment had to be on hand, he said.

Because the baby's lungs would not have been properly developed, it needed an incubator and oxygen on hand to guard against the risk of brain damage caused by a lack of oxygen, he explained.

Another OBGYN, who did not want to be named because he delivers baby's at George Town Hospital, said turning the woman away, let alone letting her fly, was unthinkable.

"You don't send her home and, wow, you don't let her get on a plane.

"I would never let a patient with ruptured membranes get on a plane and go off to Jamaica – never.

"Once the waters break … the likelihood of going into labour is very, very high. Most will go into labor on the first day. If not, in the next 24 hours virtually all except for one will go into labor.

"Between you and me, her problem was that she doesn't have money. Her insurance may not have been a good insurance and therefore she was sent packing – go off to Jamaica – that's the long and short of it."

Monday, August 27, 2007

A Rare Killing in Grand Cayman









A West Bay man Marlon Brando Ebanks, was shot and killed outside his home at the junction of Boatswain’s Bay Road and Sand Hole Road at around 9:45 pm on Tuesday August 21st, 2007.

This makes the second murder in West Bay in the past two months, and the third in the Cayman Islands for
the year.
Forty-one-year-old Marlon Brando Ebanks died after he received three gunshot wounds outside of his
home in West Bay. The victim was discovered by his nine-year old son, and his nephew.

On Friday, August 24th, 2007 a 37-year-old man was arrested on suspicion of murder. Senior
Investigating Officer, Chief Inspector Peter Kennett said, “This investigation is still ongoing and
further leads are currently being followed up by detectives. I would encourage anyone with information
in relation to this case to come forward and contact detectives at the West Bay police station.”

Anyone with information should contact Detectives from the CID at West Bay Police Station
at 949-3999.

Home Inventory software - free

www.knowyourstuff.org is part of the www.iii.org (Insurance Information Institute)
website where you can download its Home Inventory software.
It only takes a few minutes to install it and to enter your personal information
(at points it asks for your US state, but it is just for your own reference and is not mandatory),
and then you can start creating an inventory of your worldly goods.
It allows you to add photos of the exterior of your house, list each room separately, and
then under each room, list appliances, furniture and personal items, along with photos,
valuations and receipts if you have them.
Although the initial job of entering it all might be a little time–consuming, it is a
quick process to update later on as you sell or gain possessions.
You can use it for your home, your office, your business...anywhere where valuable
goods are stored.
In the event of a burglary or natural disaster, you can print out reports of your belongings and
hand them to the appropriate personnel.

Friday, August 24, 2007

Who aspires to get off this "Rock"?

My girl "XO" needs to vent.  She's only been in Cayman for a little while, but she is not happy with some things that she sees:
    "I just want to know, do any Caymanian youths ever wonder what kind of lifestyle they can have elsewhere?  I believe that every Caymanian should make traveling off the island a part of their 'coming of age' so to speak.  Mandatory travel to places other than Miami and England should be the norm rather than the exception.  Whether for educational purposes or just pleasure, travel will give a broader perspective on "what's out there".  While you are at it, see if you can meet a mate off island as well, because after all why should you have to end up marrying your 2nd cousin if you don't have to?
    I am not impressed with 13 year old pregnant girls.  Furthermore, 13 year old pregnant girls with 18 year old boyfriends.  What the hell is that?  Statutory rape in most countries!  I know a girl who is 23yrs old with 5 children, by various men.  I'm sure you know someone like this who lives down the street.   It is disturbing to me because young women like this will never be who they were born to be.  The young men who walk around impregnating girls who are still children will never be who they were born to be either.  Beside where are the parents in all this, and what are they doing?  Oh yes, I was just reminded that they are too busy reproducing to care.  I won't even go into the cases of domestic abuse, sexual assault, and incest.  They are rarely published, punished, or thought about...after all this is paradise.
    Life is not about being stagnant.  That should be the first lesson in any Caymanian school.  Get off "The Rock" and see the world.  Ignorance is not bliss!  The future of intelligent Caymanian leaders is being narrowed down to the children of those in government right now.  As far as I can see, this place is a mini USA is in the making, where the rich get richer, and the poor get poorer."
I totally agree.  The sad saga will continue, but I'm here to keep you posted...

Wednesday, August 22, 2007

Hurricane Dean brushes by Cayman as a tropical storm

The Cayman Islands was spared the full impact of Hurricane Dean which passed just over 100 miles to the south of Grand Cayman on Monday, however, tropical storm force winds left and waves their mark on all three of the Cayman Islands.


The authorities are still assessing the full extent of the damage caused by the hurricane. Initial reports indicate that the damage is minimal compared to the onslaught on Grand Cayman by Hurricane Ivan in September 2004.


These photos tell the tale of Hurricane Dean and the Cayman Islands.





The South Sound dock will need extensive repair before being usable again.






The decking alongside Hammerheads bar in George Town was extensively damaged.






In West Bay this large tree narrowly missed a house and the vehicle parked outside.






The fence surrounding the Turtle Farm was flattened by high winds.

Saturday, August 18, 2007

Cayman gets ready for Hurricane Dean!

At 11 a.m. ET Saturday, Dean
was in open water south of Puerto Rico, 565 miles east-southeast of
Kingston, Jamaica, and 210 miles south-southeast of Santo Domingo,
Dominican Republic, the National Hurricane Center said.


The storm's maximum sustained winds neared 150 mph with higher gusts,
putting it at Category 4 intensity. It was moving north-northwest at
about 17 mph. Hurricane-force winds extend 60 miles from the center of
the storm, the hurricane center said.

The Jamaican government issued a hurricane warning late Saturday
morning, meaning hurricane conditions are expected within 24 hours, the
U.S. National Hurricane Center said.
Forecasters fear Dean will be a destructive Category 5 monster packing 155 mph winds by the time it reaches Jamaica.

Cayman is very close in proximity to Jamaica, right in the path of Hurricane Dean, and anything that hits Jamaica will hit Cayman.  The Cayman Islands, west of Jamaica, are under a hurricane watch, meaning hurricane conditions were expected within 36 hours.  

Preparations were underway in the Cayman Islands, just back to normal after being devastated by Hurricane Ivan in 2004.  Governor of the islands Kurt Tibbetts,  said
Friday. "Take no chances. Don't second guess."

More on this Hurricane if we live through it.

Wednesday, August 1, 2007

"Go Getter" service in Grand Cayman

Are you looking to come to Cayman and need a job, or service checked out? Do you need pictures taken of your land or property while you are away so that you can show it to a potential client? We will be your eyes and ears while you are away from "The Rock". This a reliable, affordable, fee based service, payable online. For more info email

Andi at: cayman_info.g70@gishpuppy.com





Tuesday, July 17, 2007

Free Stuff in Grand Cayman

Free Stuff in Grand Cayman, Really! (click here)


Grand Cayman has plenty of activities you can enjoy for free! 
If you are a family traveling with children, the information
below will show you just how it's done if you want to save your
vacation dollars!!  We even have ways you can make money
while enjoying some of the finest Resorts on the Island!

Hooters comes to downtown Grand Cayman



Hooters set their sights on Cayman
Published on Wednesday, July 11, 2007 in Cayman Net News


Hooters logo


Another household brand name in the United States is shortly to be
added to the list of attractions in Grand Cayman in the Cayman Islands.


Hooters, a restaurant chain which began life as a single outlet
in Clearwater, Florida nearly 24 years, is bringing their combination
of good and attractive, female servers to George Town.

Although
email enquiries to Hooters in the USA have failed to elicit
confirmation of the opening plans, local sources said that a location
on Fort Street has already been chosen and plans are well advanced.

Hooters,
Grand Cayman, will join over 435 outlets located in the USA and more
than 20 other countries worldwide. The chain also owns a hotel casino
in Las Vegas.

Although the chain does employ male staff, part
of its reputation is based on a decision to employ only female servers.
The waitresses, known as Hooters Girls, wear a uniform comprising a
tight white spandex shirt with the Hooters owl logo, the legendary
orange runner’s shorts, glossy ultra sheer suntan tights, white socks,
and white trainers.

Located just across the road from the
Royal Watler Terminal, with a typical menu including hamburgers,
sandwiches, steak, seafood, chicken and Buffalo wings, plus a full bar
service, Hooters could be seen as operating in direct competition to
established outlets such as Senor Frog’s and Margaritaville.

However,
according to the company website, they target a slightly different
clientele. Describing themselves as, “Delightfully tacky, yet
unrefined,” Hooters characterises itself as a neighbourhood place, not
a family restaurant.

About 70 percent of their customers are
male, most between the ages of 25-54. Although Hooters does not market
itself to families they do offer a kids menu.

Most locations also feature a range of widescreen TVs providing sports or music to entertain customers.

As examples of the worldwide attraction of Hooters, the latest two restaurants are being opened in Israel and Dubai.

Extensive
merchandising, including an annual swimsuit calendar, backs up the food
and drink side of the business. Hooters is also heavily involved in
sports sponsorship.

Quite how existing businesses will view
the new venture is unclear. Two recent investigations by Cayman Net
News suggested that the restaurant, bar and fast food market on the
island is already saturated.

In January, burger giant
McDonald’s showed interest in opening a local branch but other, similar
outlets cast doubt on the viability of yet another fast food
establishment on the island.

In June, an in-depth look at the
restaurant business revealed a shrinking market experiencing intense
competition amongst existing businesses.

But Margaritaville Manager Arthur Screaton said he did not see it as direct competition.

“In
this business you need to concentrate on what is going on inside your
own door not worry about what other people may, or may not be doing,
outside,” he observed adding that this was the way Margaritaville
ensured they continued to provide a top quality service to their
customers.

Tuesday, July 3, 2007

Hit & run driver gets 4.5 months in Cayman


"Careless driver" gets 4.5 months


By Carol Winker, carol@cfp.ky

Monday 2nd July, 2007

After pleading not guilty to causing death by dangerous or reckless
driving, but guilty to careless driving, Ronald Edward Addinall was
sentenced last week to four and a half months in prison.

The maximum sentence for careless driving is six months. Cayman’s Traffic Law does not contain an offence of causing death by careless driving. Justice Alexander Henderson heard the facts and mitigation on 22 June, then adjourned sentence until 27 June.

Senior Crown Counsel Gail Johnson told the court that the incident occurred around 1.30am on Saturday, 5 November 2005. The victim was David Ian Ross, 26, a visitor to Grand Cayman who was walking along South Church Street toward Memorial Avenue.

The Crown alleged that Addinall was driving a pick–up truck along the same road heading in the same direction. Approximately 75 feet from Memorial Avenue, the victim was close to the road’s edge and was struck from behind by the vehicle, which caused him first to roll backwards over the hood and strike the back of his head on the windscreen frame.

He then vaulted some 39 feet and struck the top of a block wall that was four feet high. A passer–by who observed the victim lying on the side of the road stopped and called for assistance. On arrival police observed debris from the vehicle, which had not stopped. They took the debris to Vampt Motors, where staff helped them identify the make of vehicle.

Police conducted interviews with several people. When interviewed, Addinall admitted he was the only driver of the vehicle at the time of the incident. However he denied knowing he had hit anything until he saw the damage the next morning.

Mr. Ross died of multiple blunt force injuries. The speed limit in the area is 30mph and a reconstruction showed the driver must have been doing a minimum of 40mph in order to send the victim airborne.

Ms Johnson said the roadway in that area is narrow and there is no
sidewalk for pedestrians. When Addinall was questioned by police, he
said at the time of the incident he was distracted, he was listening to
music in the vehicle and had things on his mind.

Justice Henderson read from Addinall’s statement to police. The
defendant said he dropped two people at the airport on Friday around
4.30pm and went to work from 5pm until around 9m. He worked on a sunset cruise vessel for tourists and there were several South Africans
aboard; he is from South Africa.

He had about three shots of vodka on board, then went to a bar and
had two beers. His friends were asking him about his divorce and he was
not happy. He went to another bar, but did not drink there, then to a
third bar where he had two more beers. He left about 1.15am

He was not aware of when or where the accident took place. He asked if any calculation had been done of Addinall’s blood/alcohol level. Ms Johnson said the Crown had an expert and the Defence had an expert, but they did not agree, so any calculating would have been speculation.

There were no eye witnesses. Defence Attorney Ben Tonner said a social inquiry report was not useful, since Addinall was about to be rolled over, his work permit expiring 6 July. He told the court that an expert toxicologist had used times and quantities of drinking from Addinall’s interview and had concluded he was not substantially affected by alcohol and was under the legal limit.

His guilty plea was a sign or remorse and meant that Mr. Ross’
family did not have to live through the incident in a trial. He was
apologising to the family by letter.

While recognising the tremendous sense of loss felt by the family of
the victim, Mr. Tonner asked the court to consider the impact of the
penalty on a man like Addinall, who was of good character; particularly
if the penalty was custodial.

Justice Henderson asked if the Crown wanted him to take into account
Addinall’s failure to stop at the scene. Ms Johnson said yes. He asked if the Crown was going to ask the magistrate to impose consecutive sentences in the Summary Court charges. She said no.

He then said he would take the hit and run aspect of the incident into account. In passing sentence he summarised the facts and said a first offence of careless driving would not ordinarily result in a prison sentence.
But hit and run that results in serious injury or death almost always
requires prison.

Addinall had a legal and moral obligation to stop and render what
assistance he could, he said. Not remembering could have come from
excessive alcohol or a wish to minimise his involvement. Earlier, he
said it could be a coping mechanism.

With a maximum penalty for careless driving of six months, he had to
give some discount for the guilty plea. He made that six weeks, for a
total of four months two weeks and allowed credit for the 14 days
Addinall had previously spent in custody.

He also disqualified him from driving for 12 months. Later the same morning, Addinall appeared before Acting Magistrate Valdis Foldats. In that court, Ms Johnson explained what had happened in Grand Court.

She said she was not suggesting any consecutive sentence as the judge had taken into account the hit and run factor. The magistrate said he was taking into account what he had been told and Addinall’s guilty pleas to leaving the scene of an accident and failure to report and accident. He imposed a term of one month for each offence, concurrent with the Grand Court sentence.
Mr. Tonner said Addinall would need to leave the island when he finishes his sentence.

Saturday, June 30, 2007

Recycling Program is Not Keeping Up

Update - January 2007 - The Department of Environmental Health are now recycling:



    * waste oil

    * lead batteries

    * aluminum cans

    * plastic six pack holders with the John Gray Recyclers


WELL, WELCOME TO 2007 CAYMAN! AT THIS RATE WE WILL ONLY BE BURIED IN STYROFOAM, PLASTIC, BOTTLES, AND NEWSPAPERS BY 2009.


The Department of Environmental Health is hoping to be able to recycle more items in the very near future.  Please read the article below to find out what happened after Hurricane Ivan and why Recycling is still restricted at the moment.



Following Hurricane Ivan - September 2004



Recycling Programmes Temporarily Suspended - 14 September 2005



Department of Environmental Health’s recycling programme is not fully operational at this time according to Chief Environmental Health Officer Roydell Carter.



“When the George Town landfill was flooded with sea water during Ivan our recycling area including a storage shed and equipment was damaged. However, since the storm we have successfully reinstated our used oil and lead acid batteries recycling initiatives. To date since January 2005 we have shipped over 30,500 gallons of used oil and more than 4,000 marine and automobile batteries to recyclers in the US.”



Mr. Carter explained that the recycling programme for aluminium cans and office paper is not yet back in operation. “We are awaiting repairs to the roof of a storage shed and for parts for the baler and shredding equipment before we can resume full operation,” he said.



“We’re asking the public to be patient with us until the programmes are operational again.” Individuals can continue to collect soda cans and deliver them to the landfill or place in one of the community bins located at supermarkets across the island. Large containers with a DEH sticker on the side will be located at Hurley's Supermarket at Grand Harbour; Foster Food Fair airport location, and Kirk Supermarket on Eastern Avenue. The public is kindly asked to place only aluminium cans including empty sodas, beers and other aluminium product in these bins.



With the office paper recycling programme on hiatus the public is asked to shred their office paper or in turn store paper, if they can until the programme is resumed. “DEH is working to reinstate office paper recycling over the next couple of months,” said Mr. Carter.



“DEH is committed to reinstating the recycling programmes on the island and we are interested in introducing new recycling initiatives as our facilities become functional.”


As it is now in 2007, we still continue to throw our garbage into one bin! 

Caymanian Leaders Excel at Pimping out Their Country



WILLIAM E. GRAYSON, the president of EGM Capital, a hedge fund firm in San Francisco, has never set foot on the Cayman Islands, but he knows that sun-baked Caribbean haven quite well. That’s because he set up one of his funds in the Caymans, where lucrative tax breaks and fabled financial secrecy have made this British territory a magnet for hedge fund managers.


“All of the offshore jurisdictions are competing against each other to provide the most hospitable regulatory landscape, and the Caymans are really coming on strong,” Mr. Grayson says. “As a hedge fund manager, you just might be deciding whether you want to golf or scuba-dive more.”


In as little as two weeks, and for about $35,000 in fees, hedge funds can set up shop in the Caymans — just a fraction of the time and up to one-tenth the price of incorporating a fund in drearier climes like Delaware.


While speed and bargain prices are big attractions, the real draw, say analysts and Congressional investigators, are perfectly legal Caymans-based corporations and partnerships that allow major investors to avoid taxes of up to 35 percent that the Internal Revenue Service levies on unearned business income. Cayman tax laws also help American fund managers legally defer domestic taxes on their personal profits by channeling them offshore through their funds.


The biggest of the three islands that make up the Caymans, Grand Cayman, is only 22 miles long and, at its widest, 8 miles across. But the territory’s tax advantages have turned it into one of the linchpins of the estimated $1.5 trillion global hedge fund business.


“So many of the best money managers have set up in the Cayman Islands,” says Kurt N. Schacht, managing director of the CFA Centre for Financial Market Integrity, a nonprofit research organization in Charlottesville, Va. “It has become the place to go.”


As recently as a decade ago, regulators and law enforcement officials regarded the Caymans, an outpost 480 miles south of Miami that once served as a shelter for pirates like Blackbeard, as a hotbed for money laundering and other dubious financial schemes. Today, it is the corporate home for what the Cayman Islands Monetary Authority estimates to be three out of every four of the world’s hedge funds — more than anywhere else — thanks to its friendly tax and regulatory regimes, as well as an army of foreign bankers, tax lawyers, accountants and fund administrators who make it all work.


“With some of the other jurisdictions, there’s an island mentality,” says Michelle Kline, a principal at Genesee Investments, a hedge fund based in Bellevue, Wash. “The thing that’s different about Cayman is that the regulators realize that hedge funds are a business, rather than just something to regulate.”


For their part, Cayman officials, regulators and private-sector lawyers, bankers and accountants say that there is nothing illegitimate about how the territory supports offshore finance, and that it is a system that is unfairly tarred and much misunderstood by its critics.


True, “we’re not a widows-and-orphans jurisdiction,” says Ted Bravakis, the director of public relations in the Portfolio of Finance and Economics, a Cayman government agency that helps to oversee financial services there. But, he adds, “the Cayman Islands sees the use of our jurisdiction and service providers by U.S. entities and individuals to avoid their tax responsibilities as abusive — we feel equally abused because our regime is not intended to be used in that way.”


The Caymans’ ascent as a hedge fund haven coincides with recent calls by American legislators for greater oversight and taxation of hedge funds — lightly regulated, secretive investment pools for wealthy individuals and institutions — as well as greater scrutiny of the tax status of private equity firms.


As legislators like Senators Carl M. Levin, Democrat of Michigan, Charles E. Grassley, Republican of Iowa, and Max S. Baucus, Democrat of Montana, also make renewed calls for a broader crackdown on financial abuses in offshore tax havens, the Cayman government has continued spending heavily on high-profile lobbyists, public relations firms and well-connected lawyers to persuade the world’s senior financial officials and regulators that the Caymans has outgrown its past as a center of financial high jinks.


During the spring, Cayman representatives lobbied the Securities and Exchange Commission, aides and members of the Senate Banking Committee, tax policy officials of the Treasury Department, and the office of Vice President Dick Cheney in an effort to foster the impression that the island territory has remade itself into a law-abiding, smoothly run financial supermarket.

Tuesday, June 26, 2007

The Cayman "Rollover" policy...Expat's forced out out after 7 years

Instituted in 2004:

Under this policy, an ex-patriate can come to Cayman to work on a two year permit and have his permit renewed twice (two more two year permits). The third renewal would not be allowed simply because it would put the ex-patriate past the seven year limit. It doesn’t mean that a company cannot get out a work permit for another ex-patriate, just not for the same ex-patriate.

There is no doubt that the seven-year rollover immigration policy is the most unpopular policy that any Cayman Islands Government Administration has ever had to defend. From the Cayman Contractors Association, and the Cayman Islands Tourist Association to Human Resource professionals and businesses, from every sector in general, as well as from Caymanians this derided policy has been criticized every which way. However, is appears that this current administration is bent on keeping the policy in place even though reportedly even some of their most stalwart fans and party members are themselves critical of the implications of the policy on their own households and businesses.

Members and supporters of the People's Progressive Movement, (PPM) employ people in both business and in their homes. They send their children to school, they visit shops and they use the hospital and are therefore fully aware of the implications of this insidious section of the immigration law. The rollover policy will reduce the period work permit holders must leave for to six months. Currently the seven-year rollover immigration policy forces those who have already served seven years here on work permits to leave the Islands after their final permit has expired, for a period of no less than two years.

Reducing that period to six months will no doubt make a difference to one or two people, but for the majority, especially those working in the service sector across the board, including the lower income positions, such a figure is meaningless. If someone is forced to leave their home, be it for six months or two years, they must do exactly that and therefore need to establish a new home and above all take a new position somewhere else. Once an individual who has worked and created a life here for the last seven-years or more is forced to leave this home and take another job elsewhere, then it is logical they will seek to re-settle and establish a new home in the new jurisdiction in which they are employed. Under such circumstances all but the very rich will not be in a position after six months to simply return here at whim. But alas only to be rolled over again after another seven years of service. This is absurd.

Moreover, their previous employers here will not and cannot be in a position to hold open an important job for someone for six months, notwithstanding the fact the cost and trauma they will face in trying to recruit new staff. Once their employee is forced out then the employer must find a replacement for that trusted employee, as the business must go on. Furthermore, with increasing living costs here any individual rolled over from here that is fortunate to find work in another country is likely to stay, as the chances are very good that their new homeland will offer a more realistic standard of living.

The seven-year rollover immigration rule is a policy designed to placate the xenophobic and even racist sentiments of a small minority here.

IMPACT as of June 2007:

It could be argued that the replacement workers for those “rolled-over” will sooner or later take up any slack in the market, but the recruitment of such replacements is itself proving more problematic than might have been anticipated, for several different reasons.

First, the existence of the rollover itself mitigates against the recruitment of anyone other than strictly transient workers, generally at the lower end of the scale. Such people do not typically rent apartments just for themselves, they tend to share – in some cases as much as eight persons and more to a two-bedroom apartment, which in turn is going to reduce the effect of normal demand for rental properties.

Second, the cost of living here in the Cayman Islands is becoming far more of a factor in the decision-making process by a prospective employee and, unless and until salaries on offer fully reflect the expense of living here, recruitment is going to continue to be difficult, if not impossible.

In the meantime, apartment and commercial property owners are left with unrented inventory and, thus far, there seems to be little downward movement in rents. This may be because the properties in question were built with borrowed funds and the owners cannot afford to take lower rents and still be able to meet their mortgage obligations. It is, however, true to say that they will never be able to meet their commitments if no rents are coming in at all.
Whilst on the subject of mortgages, we understand that the collections departments of local banks are currently working overtime in chasing up and threatening borrowers in arrears of loan payments.

The fact that borrowers are having difficulty in keeping up with repayments may be because of a number of external factors such as high interest rates and the increased cost of living generally, but it could hardly have come at a worse time, when the economy is already labouring under the burden of widespread immigrant rollover, with replacement that is not keeping pace with the departures.

The sad thing is that many of these negative consequences were easily predictable and it is now too late to take any corrective action, even if the rollover were to be repealed tomorrow, that would produce any meaningful short-term relief.

STATEMENT FROM the Hon. D. Kurt Tibbetts:

"We are aware that the rollover rules introduced in 2004 need amendment - to reduce the uncertainty and confusion, and to ensure that our economy is not damaged. The application of the rules, especially with respect to "key employees" and the grant of Permanent Residence, will have to be carefully monitored with the same objectives in mind. It is absolutely essential to the interests of all Caymanians that our economy stays strong, especially the two pillar industries, financial services and tourism.
To Caymanians we say "fear not"; you will not lose control of your country; you will still have priority, though everyone, at school and in the workplace, should understand that achievement is not a birthright; it requires dedication and hard work. To businesses, including the financial services sector, we say "fear not"; we understand the need to keep the economy strong. Consultations with you will be ongoing and you will find this government and the policy machinery, accessible.
To those whose permits are not renewed, we regret the necessity of this and hope you understand the reason. You are aware, I am sure that work permits issued by any government in any country, are for a specific period with no guarantee or assurance of renewal."

Monday, June 25, 2007

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