US
Trump’s Treasury pick failed to disclose Cayman funds
(CNS Business): US President-elect Donald Trump’s pick to be treasury secretary, the controversial former Goldman Sachs banker, Steven Mnuchin, failed to disclose nearly $100 million of his assets to the Senate Finance Committee, the US press is reporting. Mnuchin, known to most Americans as the man who foreclosed on thousands of people’s homes in the […]
Cuba and US agree deal for commercial flights
(CNS): A new agreement between the United States and Cuba could see more than 100 flights a day between the two countries before the end of this year — five times the traffic currently generated by the charter flights that began when hostilities between the two governments began thawing over year ago. However, the deal could have a negative […]
US now more secret than Cayman
(CNS Business): Despite the constant criticism of the Cayman Islands as a so-called tax haven by US politicians and media, in the latest edition of the Financial Secrecy Index, compiled by the Tax Justice Network, the United States is placed above the Cayman Islands in its rankings. The report, which comes out every two years, […]
Travel chaos as US struggles to deal with visa system crash
(CNS Business): Thousands of travellers have been forced to postpone or cancel travel plans to the United States as a result of a technical glitch that has crippled the US government’s visa system. Officials have said that it will not be back up and running until next week, following a hardware failure earlier this month. The […]
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