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Cayman Islands
Cayman Islands
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1988 Sep 12 |
Hurricane Gilbert, called the storm of the century, smashed into the Gulf coast. It slammed into Jamaica with torrential rains and winds of 145 mph, killing 45 people and causing damage estimated at up to $1 billion. It also devastated the Yucatan peninsula and left 225 people dead. The storm hit the Dominican Republic, Haiti, Jamaica, Cuba, Cayman Islands and Mexico before striking Texas. Links: Haiti, USA, Cuba, Mexico, Jamaica, Cayman Islands, Texas, Dominican Rep., WeatherUS, Hurricane 
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1993 |
The Dart Corp. brothers Kenneth and Robert renounced their US citizenship to avoid US income taxes and set up shop in the Cayman Islands. Links: USA, Cayman Islands
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1997 Dec 12 |
The Cayman Islands told the Norwegian Cruise Line that a chartered 910-passenger ship of gay people would not be allowed to dock. Links: Gays, Norway, Cayman Islands
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1997 Dec |
In Argentina Alfredo Yabran sold his main businesses to a Cayman Islands-based holding company known as EXXEL for $600 million. He was believed to be the head of a powerful mafia empire. Former US ambassador Terence Todman was a representative of the EXXEL group. Todman was US secretary of Latin American Affairs in 1990 and called off the US Drug Enforcement Agency from pressuring Yabran, whose operations included airport customs operations, duty-free shops, cargo transportation and armored car services. Links: Argentina, Cayman Islands
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2003 Dec 18 |
The Cayman Islands banned fishing in grouper spawning areas for eight years, citing a sharp decline in the species' population. The ban took effect of Dec 29. Links: Cayman Islands, Fish
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2004 Sep 12 |
Hurricane Ivan skirted Grand Cayman with winds near 155 mph as it churned toward Cuba. The storm has been blamed for 56 deaths across the Caribbean so far, including 34 in Grenada and 11 in Jamaica. Links: Jamaica, Grenada, Cayman Islands, Hurricane
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2006 Aug 26 |
Tropical Storm Ernesto strengthened over the Caribbean as it headed toward Jamaica and the Cayman Islands, threatening to become the first hurricane of the 2006 Atlantic season. Links: Jamaica, Cayman Islands, Hurricane
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2006 Nov |
Thousands of tiny parasitic wasps were released in the Cayman Islands to combat an island-hopping insect that has destroyed crops throughout the Caribbean. Mealybugs have destroyed millions of dollars in crops and ornamental plants across the Caribbean since they were first reported in the Western Hemisphere, in Grenada in 1994. They reached the US Virgin Islands in 1997, and Puerto Rico a year later. Links: Grenada, Puerto Rico, Cayman Islands, Virgin Islands, Agriculture
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2006 Dec 7 |
The Norma CDO 1 Ltd. was established as a company in the Cayman Islands with N.I.R. Group LLC of NYC as its manager. The company packaged derivatives linked to triple-B rated mortgage securities In March 2007 Moody’s, Standard & Poor’s and Fitch Ratings gave Norma their seal of approval and Merrill Lynch sold Norma to investors. By October much of Norma dropped to junk status as the US mortgage market declined. Links: USA, Cayman Islands, Real Estate, Banking
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2007 Feb 24 |
The Cayman Islands were cited as the world’s 5-th largest banking center with $1.4 trillion in assets. Links: Cayman Islands, Banking
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2008 May 4 |
In the Cayman Islands 5 captive Grand Cayman Blue Iguanas, critically endangered lizards that resemble miniature turquoise dragons, were found scattered across a breeding park in the British dependency after they apparently were stomped and gouged. Links: Cayman Islands, Reptile
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2008 Aug 29 |
Tropical Storm Gustav drenched Jamaica, killing at least 4 people, and rolled over the Cayman Islands with fierce winds that tore down trees and power lines, setting off alarm from Cuba to New Orleans, and at gas pumps across the US. Links: Jamaica, Cayman Islands, Hurricane
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2008 Sep 30 |
The Cayman Islands announced plans to scuttle a decommissioned US Navy ship to create an underwater attraction for scuba divers and snorkelers. Links: USA, Cayman Islands
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2009 May 14 |
The OECD ruled to keep Britain’s Cayman Islands on its list of un-cooperative tax havens. Links: Cayman Islands, OECD
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2009 May 20 |
The Cayman Islands elected a new government. Links: Cayman Islands
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2010 Feb 14 |
British author Dick Francis (b.1920), a former jockey whose thrillers rode high in best-selling lists for decades, died at his Caribbean home in Grand Cayman. His first book was a 1957 autobiography titled “The sport of Queens.” His first novel, “Dead Cert,” came out in 1962 and was followed by 41 more. Links: Britain, Writer, Cayman Islands
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2010 Apr 12 |
A British scientific expedition said it has discovered the world's deepest known underwater volcanic vent off the Cayman Islands. Links: Britain, Volcano, Cayman Islands
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2011 Jan 5 |
The USS Kittiwake, a decommissioned 1945-vintage submarine rescue ship, was scuttled in the clear Caribbean waters of the Cayman Islands, where officials say the sunken vessel will attract fish and tourists. Links: USA, Cayman Islands, Ship
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2012 Aug 6 |
Cayman Islands Premier McKeeva Bush scrapped a plan to impose a direct tax on expatriates working in the British territory, which owes much of its prosperity to its famed role as a no-tax financial center. Links: Cayman Islands
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2012 Dec 11 |
Premier McKeeva Bush (57), the leader of the Cayman Islands' government, was arrested on suspicion of theft, abuse of office and breach of trust in the famed Caribbean tax haven. Links: Cayman Islands, Govm’t Scandal
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2012 Dec 18 |
Cayman Islands Premier McKeeva Bush was removed from office over his arrest on various charges. Links: Cayman Islands
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2012 Dec 19 |
The British-appointed governor of the Cayman Islands named Julianna O’Connor as the territory’s new premier. Links: Cayman Islands
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2013 May 2 |
Britain’s Chancellor George Osborne said tax havens such as Bermuda and the Cayman Islands will work more closely with Britain and other European countries to fight tax evasion. Links: Britain, Taxes, Cayman Islands, Bermuda
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2013 May 23 |
Election officials in the Cayman Islands said the opposition party has won nine of 18 seats, one short of a majority needed to control the British territory's legislature. Ousted former Premier McKeeva Bush was re-elected to the West Bay seat he has held since 1984. Links: Cayman Islands
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2013 Jun 15 |
Britain clinched a deal with its major offshore tax havens on Saturday that will see 10 British overseas territories and crown dependencies sign up to international protocols on information sharing. Those included were Bermuda, British Virgin Islands, the Cayman Islands, Gibraltar, Anguilla, Montserrat, Turks and Caicos Islands, Jersey, Guernsey and the Isle of Man. Links: Britain, Taxes, Anguilla, Montserrat, Cayman Islands, Isle of Man, Bermuda, Turks and Caicos, Gibraltar, Jersey, Guernsey, British Virgin Islands
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2013 Aug 15 |
The Cayman Islands said it has concluded negotiations with the US on pacts to report information on accounts of American citizens. Links: USA, Cayman Islands
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2013 Nov 5 |
Britain signed an information-sharing agreement with the Cayman Islands, one of its overseas territories, to help British authorities improve tax collection. Links: Britain, Cayman Islands
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2013 Nov 29 |
The US Department of Treasury said in a statement that the Cayman Islands, a British territory, will share tax information about US account holders with the US Internal Revenue Service. Links: USA, Taxes, Cayman Islands
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2015 Mar 5 |
In the Cayman Islands Norman Lee, a popular Marvel and DC Comics artist from the Boston region, disappeared while snorkeling with his wife near the southeast coast of Grand Cayman. Links: Massachusetts, Cayman Islands
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2019 Oct 9 |
The Cayman Islands said it would make public information on the beneficial ownership of companies, prompting anti-corruption campaigners to call on other offshore jurisdictions to follow suit as part of a global crackdown on money-laundering. Links: Cayman Islands
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tax attorney help with tax relief issues,
auto accident attorney services, and
sustainable development information to research going green!
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2020 Feb 18 |
A study by the Tax Justice Network said British overseas territory the Cayman Islands, the United States and Switzerland do most to help the globe's richest citizens hide and launder money. Links: USA, Switzerland, Taxes, Cayman Islands
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2020 Nov 24 |
At least eight people died after a migrant boat carrying more than 30 people hit rocks late today close to a small port on Lanzarote in the Canary Islands. Links: Cayman Islands, Tragedy, Migrant
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2020 Dec 15 |
US college student Skylar Mack (21) and her boyfriend were sentenced to four months in prison in the Cayman Islands for violating strict COVID-19 measures. The ruling will be appealed. On Dec. 22 their four-month sentences were reduced to two months. Links: USA, Cayman Islands, COVID-19
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2021 Jul 9 |
Germany declared all of Spain a coronavirus risk area after Spanish COVID-19 infection rates more than doubled in a week as the Delta variant spread rapidly among unvaccinated young adults. Spain's Canary Islands and its Mediterranean region of Valencia have asked the government to bring back curfews to counter a soaring COVID-19 infection rate among unvaccinated youngsters. Links: Spain, Germany, Cayman Islands, COVID-19
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2021 Aug 6 |
Binance, one of the world's largest cryptocurrency exchanges, said it would restrict Hong Kong users from trading derivative products, the latest in a series of changes the exchange has made to improve compliance standards. Binance is domiciled in the Cayman Islands. Links: Cayman Islands
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2022 Jan 17 |
Cayman Islands-based Binance, one of the world's biggest cryptocurrency exchange by trading volume, said it will set up a crypto exchange with Thailand's Gulf Energy Development. Links: Thailand, Cayman Islands, Crypto
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2022 Aug 10 |
Timothy Schools (61), an investment manager of a collapsed 100-million-pound ($121 million) Cayman Islands-based legal financing fund, was convicted by a London jury of fraudulent trading, fraud by abuse of position and money laundering. Links: Britain, Cayman Islands, Fraud
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