Today, July 10, 2024, the Board of Governors said that Citigroup was ordered to pay a civil money penalty of $60,625,620 for various violations involving deficiencies. Citigroup agreed to the payment without making any admissions. According to the Federal...
The Royal Cayman Islands Police Service said that 23-year-old has been arrested on suspicion of a stabbing another man. According to the police, they responded to a report just after 5 pm yesterday, July 9 after a man appeared...
In a press release from Caribbean Utilities Company, Ltd. (“CUC”) dated July 4, 2024, CUC announced that a 3.2% rate adjustment would be effective June 1, 2024. Some members of the public reacted to this increase on social media,...
In a semi-annual monetary policy report to the United States Congress dated July 9, 2024, the Federal Reserve Chairperson Jerome Powell noted that the Fed’s “inflation goals are coming into better balance.” While stakeholders expected this “better balance” would...
Regenexx Cayman is thrilled to announce that world-renowned interventional orthopedic specialist, Dr. Chris Williams, has joined the medical team as the first, permanent, Cayman based, physician. The addition of Dr. Williams signifies a major milestone for regenerative medicine in...
With a looming hurricane on the horizon and the possibility of extreme weather and utility outages hitting the Cayman Islands, the Doctors Hospital Cayman team collaborated to evaluate and execute a plan for the welfare of laboring mothers and...
UCCI & St. Thomas University Partner To Create Opportunities For Caymanian Students In The USA
6 min read
In a landmark partnership aimed at broadening educational horizons and fostering academic collaboration, the University College of the Cayman Islands (UCCI) and St. Thomas University (STU) in Miami, USA have officially signed a partnership agreement, promising to enhance educational...
Health City said today that it will hold an inauguration of its Camana Bay location on Thursday, July 11 at 9 am. Health City added that persons who haven’t yet confirmed their attendance are encouraged to do so at...
Cayman Islands utilities regulator, OfReg, has begun its inquiries into the recent incident involving the oil tanker ‘Sea Elephant,’ which occurred off the coast of Cayman Brac on 7 July 2024. OfReg confirms that there have been no reports...
Rising Prices Reflected In Cayman’s Consumer Price Index Are Challenging For Cayman Households
7 min read
According to a report from the Economics & Statistics Office, the Consumer Price Index, which is a measure of inflation, increased by 0.03 per cent from December 2023 to March 2024. Based on the report, ten out of the...