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Minister of Finance reveals Economic Impact

The Cayman Islands Minister of Finance Roy McTaggart on Wednesday laid out for the first time the extent of the economic challenge facing the territory due to the impact of the COVID-19 pandemic.

28 May, 2020

Philippines wants $26b stimulus package

The Philippines Trade Department wants lawmakers to pass a 1.3-trillion-peso ($26 billion) stimulus package that will aid the recovery of industries and their displaced workers.

27 May, 2020

Honduran women inmates kill six

A group of inmates at a women's prison in Honduras used a fire to distract prison officials and murdered six other prisoners.

27 May, 2020

Cuba’s stem cell treatment for virus

Cuba’s National Institute of Haematology and Immunology announced it has started a clinical trial to use stem cells in people convalescing from Covid-19.

27 May, 2020

Venezuela oil relief from Iran

Venezuelan authorities celebrated on Monday as the first of five Iranian tankers loaded with gasoline docked there, delivering badly needed fuel to the crisis-stricken nation that sits atop the world’s largest oil reserves.

27 May, 2020

Canada may get 10 days sick leave

Prime Minister Justin Trudeau said his government intends to give all workers a minimum of 10 days paid sick leave per year as Canada starts to prepare for a second wave of the Covid-19 pandemic.

27 May, 2020

UK shops desperate to reopen

All non-essential retailers will be able to reopen in England from 15 June, Prime Minister Boris Johnson has announced, as part of plans to further ease the lockdown.

27 May, 2020

Retail businesses get creative to survive

The restrictions placed on small and medium-sized retail businesses due to the Covid-19 corona virus pandemic have created for them a sink or swim situation; adapting by reaching out to customers, one by one, seems to be the way forward for business owners if they want to survive....

27 May, 2020

HSM’s Restructuring and Insolvency Team Restructures to Meet Demands

The HSM Group has experienced an increase in interest for their restructuring and insolvency services, especially from businesses facing financial issues from the COVID-19 crisis.

27 May, 2020

Atlantic Tropical Cyclones and Disturbances

There are no tropical cyclones in the Atlantic at this time. The Atlantic hurricane season runs from June 1st through November 30th.

27 May, 2020
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