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cuba

White House steps up pressure on Cuba amid power outages

The United States has increased pressure on Cuba as the island grapples with widespread power outages and a deepening energy crisis.

Markets react after Trump raises tariffs to 15%

US stocks are falling Monday after President Donald Trump took little time to ramp up his newest tariffs to 15%.

Trump imposes 10% global tariff in response to US Supreme Court ruling

The US Supreme Court declared Donald Trump’s Liberation Day tariffs illegal on the morning of 20 Feb. but hours later the US president responded by levying fresh tariffs.
cuba

Cuba in crisis: What it means for its people, and for Cayman

Cuba’s deepening economic crisis is heightening fears of instability, with potential ripple effects for Cayman.

Trump’s plan to cap credit card interest rates alarms bank shareholders

Share prices of US credit card issuers fell by almost 7% on Monday 12 Jan. as investors reacted to Trump’s proposal, yet the Cayman impact should be limited.
venezuela

From Caracas to Cayman: Why Venezuela matters here

The fall of Maduro brings relief for many in Cayman and unease over what US intervention in Venezuela and elsewhere means for the Caribbean.

The ‘America First’ policy and your investment portfolio in 2026

America First means deploying trade policy, fiscal spending, regulation and industrial support to prioritise U.S. domestic growth and employment over global integration.

Caribbean standoff – Venezuela and the US build-up

Tensions around Venezuela are rising fast, and the Caribbean is once again being pulled into great power politics.
Caribbean

Cayman on alert as US escalates Caribbean drug operations

A US strike on a Venezuela-linked boat has sparked regional concern, with Cayman watching for increased drug patrols in Caribbean waters.
Fosters supermarket has used in-store signage to explain recent price increases due to tariffs

Chamber surveys economic fallout from Trump’s tariffs

The Cayman Islands Chamber of Commerce has launched a Tariff Impact Survey to assess how the islands' businesses are being affected by US tariffs. The...

Cayman sea trade safe as US threat of Chinese ship tariffs lifted

Threats of massive US levies on Chinese-built and registered ships which could have disrupted imports to Cayman and pushed up prices have been lifted.

Why the Trump effect could be a good thing for Cayman’s key industry

In the final instalment of our series on US President Donald Trump's impact on Cayman we look at the upside for Cayman's financial services sector.

Cayman liquidator frustrated by Trump commuting sentence of US fraudster

US president Donald Trump's decision to give a "serial fraudster", who used a Cayman-registered firm in his schemes, an early release from jail signalled to criminals it was "open season and business as usual", a Cayman Islands company liquidator has said.

The Trump Effect: From avocados to housing, trade war means higher prices for Cayman

US President Donald Trump’s global trade war is expected to force up prices at grocery stores, increase construction costs and make cars and household appliances more expensive. In the first of our 'Trump Effect' series, we look at the cost-of-living implications for Cayman.

What could the new Trump administration mean for the Cayman Islands?

From tariffs to crypto and climate, the incoming Trump administration could bring fresh challenges and opportunities to Cayman’s shores.

Trump administration tried to intervene in Skylar Mack case

One year ago American teenager Skylar Mack and her Caymanian boyfriend Vanjae Ramgeet shot into the headlines becoming the first individuals to be jailed here for breaching COVID-19 quarantine rules.

Pro-Trump supporters storm Capitol building

Protestors stormed the US Capitol building in Washington, DC, Wednesday, claiming that Donald Trump had won the presidential election, rather than Joe Biden.

Americans begin casting Election Day ballots after divisive, bitter campaign

Americans headed to the polls on Tuesday to choose either incumbent Donald Trump or challenger Joe Biden as their next president, after a tumultuous four years...

Trump and China: Truce or no truce, are we back at trade war?

Amid President Donald Trump’s intense political pressure and persistent market expectations, the policymaking Federal Open Market Committee (FOMC) on 31 July dropped the target range for its overnight lending rate to 2% to 2.25%, or 25 basis points lower than the previous level.
Cayman Compass is the Cayman Islands' most trusted news website. We provide you with the latest breaking news from the Cayman Islands, as well as other parts of the Caribbean.

Drezner: This trade war will get out of control

I have been researching, writing and speaking about economic statecraft for more than two decades. I know some things. On occasion, people pay me to talk about what works, what does not and what is likely to happen. And when I talk about the myriad kinds of economic statecraft that could be in play,

Tharoor: Trump’s bigotry and Britain’s next leader

The furore over President Donald Trump’s racist tweets found its way across the pond and into the Tory leadership contest taking place in Britain.
Cayman Compass is the Cayman Islands' most trusted news website. We provide you with the latest breaking news from the Cayman Islands, as well as other parts of the Caribbean.

In icing out UK envoy, Trump has found critic he can punish

The newly released descriptions of President Donald Trump’s administration sound like scores of other assessments that have emerged since his inauguration.

Ships head to Cayman amid Cuba cruise ban

Cuba’s loss could be Cayman’s gain, following US President Donald Trump’s decision to ban cruise ships from travelling to the communist island.

Hewitt: The self-destructive disdain of the left

Despite his biggest mistakes – the media are not the “enemy of the people” and should not be labelled thus; his indifference to staffing the government is sometimes maddening and a few of his appointees were simply not qualified – Trump has generally kept the promises he made during the campaign.

Abernathy: America cannot stop watching

Trump appeals to Americans who were never invited onto the red carpet, a snub that was due in part to their lack of formal training in political theater.

Balding: Trump’s tariffs hit China where it hurts

How serious are President Donald Trump’s latest trade threats against China? The scale of the new measures – 10 percent tariffs on an additional $200 billion of Chinese products – will certainly get Beijing’s attention.

President Trump, Kim Jong Un commit to denuclearization

Clasping hands and forecasting future peace, President Donald Trump and Kim Jong Un committed Tuesday to “complete denuclearization” of the Korean Peninsula during the first meeting in history between a sitting U.S. president and a North Korean leader.

Will: Trump’s trade wars would avenge mythical casualties

Treasury Secretary Steven Mnuchin says the Trump administration is “putting the trade war on hold.” The one with China, that is. Others can continue.

EDITORIAL – A ‘Trumpian move’ that Cayman should emulate

With a series of executive orders, U.S. President Donald Trump has cut the ropes that tied the hands of managers hoping to hold their government departments and agencies to appropriately high standards. Cayman Islands legislators should do the same.
Cayman Compass is the Cayman Islands' most trusted news website. We provide you with the latest breaking news from the Cayman Islands, as well as other parts of the Caribbean.

EDITORIAL – Is OfReg becoming a troubled – and troubling – regulator?

OfReg, Cayman’s “super-regulator,” wants an emergency infusion of one million dollars. Government shouldn’t give it to them. Regulators should be starved, not fattened.

Letters – Giving a voice to the people

The free exchange of ideas is a necessary component of any healthy democracy. That is why the Compass reserves space in each issue for readers and leaders to share their perspectives as letters to the editor.

‘Paradise Papers’ hit headlines

Leaked records from offshore law firm Appleby involving the dealings of U.S. Commerce Secretary Wilbur Ross, Queen Elizabeth II, advisers to U.S. President Donald Trump, political donors and other law firm clients have sparked a flurry of media reports around the world.

For $12,500 a month, Cayman gets voice in US tax debate

As lawmakers in the United States gear up to debate President Donald Trump’s proposed overhaul to the country’s federal tax system, government has hired a multinational law firm to advocate for the Cayman financial sector in Washington D.C.

Trump tax plan would stop companies from shifting profits to ‘tax havens’

A single sentence in the nine-page tax plan proposed by U.S. President Donald Trump and congressional Republicans could have a multi-billion-dollar impact on U.S. businesses that structure their affairs through offshore centers.

New US-Cuba trade rules delayed, possibly until 2018

The 90-day period in which U.S. President Donald Trump pledged to alter trade regulations with Cuba expired in mid-September, and private industry and State Department officials have no indication when changes will be announced.

Cayman Investment Forum to focus on bitcoin and gold

With events such as Brexit and the election of U.S. President Donald Trump, many see a reversal in the trend of globalization that has taken place over the last several decades.

EDITORIAL — A favorable verdict on Cayman’s courts

Without sounding too pontifical about it, one of Cayman’s great strengths is the stature, stability and competence of our judiciary. Trust in our court system, both civil and criminal, is an essential ingredient in the allure of these islands to investors, visitors, residents – indeed to all of us.

EDITORIAL – Cuban tourism’s biggest threat: Big government

Cuba’s ponderous government bureaucracy bears the lion’s share of blame for the lack of resources and substandard infrastructure that has dulled American travelers’ interest – offering a cautionary tale that the Cayman Islands should heed.

New US-Cuba limits lead to uncertainty in some business sectors

U.S. President Donald Trump on Friday thrust the U.S. and Cuba back on a path toward open hostility with a blistering denunciation of the island’s communist government, clamping down on some commerce and travel but left intact many new avenues President Barack Obama had opened, the Associated Press reported.

Cayman businesses monitor Trump threat on Cuba opening

Cayman entrepreneur and chief agent for electric vehicles John Felder said he will meet U.S. Treasury Department officials “sooner rather than later” following reports that President Donald Trump is considering undoing Obama-era diplomatic and commercial openings to Cuba.

No liquor

Today's editorial cartoon
Cayman Compass is the Cayman Islands' most trusted news website. We provide you with the latest breaking news from the Cayman Islands, as well as other parts of the Caribbean.

What Trump should say at his meeting with Erdogan

President Donald Trump will face what may be his toughest meeting yet with a foreign leader this week when he welcomes Turkish President Recep Tayyip Erdogan to the White House.
Cayman Compass is the Cayman Islands' most trusted news website. We provide you with the latest breaking news from the Cayman Islands, as well as other parts of the Caribbean.

Comey’s firing isn’t the ‘Saturday Night Massacre’

It’s four months into an administration, not four years. In short, the overwrought media has toppled into hysteria again.

Trump abruptly axes FBI’s Comey

President Donald Trump abruptly fired FBI Director James Comey Tuesday, dramatically ousting the nation's top law enforcement official in the midst of an FBI investigation into whether Trump's campaign had ties to Russia's election meddling.

Populism on pause

Yesterday’s conventional wisdom: A wave of insurgent populism is sweeping the West, threatening its foundational institutions – the European Union, the Western alliance, even liberal democracy itself.

G20 ministers fail to agree on trade but maintain tax agenda

The new U.S. administration under President Donald Trump has made its mark by resisting a compromise on trade, the environment and the support of the developing countries at the meeting of the finance ministers of the world’s 20 largest economies in Germany.

Will: Trump draws a red line on North Korea

North Korea, which has been run opaquely for the Kim family’s benefit since 1953, is approaching a red line.

What happened to the honeymoon?

The shortest honeymoon on record is over. Normally, newly elected presidents enjoy a wave of goodwill that allows them to fly high at least through their first 100 days. Trump has not yet been sworn in and the honeymoon has come and gone.

The Journal: Hedge funds more bullish on 2017

Although 2016 was far from a breakout year for hedge funds, performance improved over a lackluster 2015, and managers have a more positive outlook for 2017 as stock markets are boosted by President-elect Donald Trump’s plans to lower taxes, deregulate and spend on infrastructure.

EDITORIAL — Year in review

Today we are featuring excerpts from some of the most interesting, compelling and entertaining editorials that have appeared in the Cayman Compass in 2016, on some of the most important issues facing our country.
Cayman Compass is the Cayman Islands' most trusted news website. We provide you with the latest breaking news from the Cayman Islands, as well as other parts of the Caribbean.

Vanquishing the red-tape monster

On Fox News on Sunday, President-elect Donald Trump lamented that those seeking government permits sometimes “are waiting in line for 15 years,” sometimes only to get rejected in the end, and vowed to speed up the process. To succeed, he’ll need a new approach to governing. Every president since Jimmy Carter has vowed to cut unnecessary regulations, but the red-tape machine has defied all attempts at control.

Trump’s repudiation of conservatism

So, this is the new conservatism’s recipe for restored greatness: Political coercion shall supplant economic calculation in shaping decisions by companies in what is called, with diminishing accuracy, the private sector.

Keillor: President-elect Trump — The donkey and the moose

So many Trumpists have written in since the election, and I am grateful for their interest and also impressed by the sheer variety of their profanity. I never learned to swear that well because by the time my mother died, at 97, it was too late for me to learn.

Premier: Political ‘sea of uncertainty’ ahead; Cayman poised to reap benefits

Major uncertainties, both internationally and at home, are facing the Cayman Islands just ahead of the May 2017 general election, Premier Alden McLaughlin told a conference of hundreds of government and private sector professionals Thursday afternoon.

Will: Be thankful you have something to grumble at

As we steel ourselves for Thanksgiving’s obligatory routs and revels – does anyone really like turkey? or Uncle Ralph, who keeps turning up, like a bad penny? – Americans are cudgeling their brains for reasons to feel gratitude. So, herewith a call for everyone to temper gloom with lucidity. Things could be worse.
Cayman Compass is the Cayman Islands' most trusted news website. We provide you with the latest breaking news from the Cayman Islands, as well as other parts of the Caribbean.

Margolis: Trump opens doors for China in Latin America

Since November 8, free traders around the world have been in a lather, not least in Latin America. After all, U.S. president-elect Donald Trump had stumped to scrap regional trade deals, build a wall on the border with Mexico and deport undocumented immigrants, up to 3 million of them right away.

Trump can succeed if he is willing to bargain

To win over a skeptical public and cultivate support on Capitol Hill, Mr. Trump would do well to initially push for results in a few areas that require both immediate attention and ideological concessions from members of both parties to get something impactful done.

A free ride

Billions could drain from Cayman entities as Trump is elected

Billions of dollars held by U.S. multinationals in Cayman entities could be repatriated to the United States, if president-elect Donald Trump’s tax plans come to fruition. During the election campaign, most of Mr. Trump’s policy plans were a black box.

Rahn: Corruption and prosperity

What is the single most important determinate as to whether a country is rich or poor? It is not the level of government spending, taxation, regulation or monetary stability – even though those factors are very important. It is the rule of law, whereby the rules are known and fair, equally applied to all, and where corruption is not tolerated.

Cayman firm protects presidential candidates from criminal drones

A Cayman Islands firm deployed new surveillance technology to keep the air space around the U.S. presidential debates safe from a potential new security threat – criminal drones.

The wall

Cayman Compass is the Cayman Islands' most trusted news website. We provide you with the latest breaking news from the Cayman Islands, as well as other parts of the Caribbean.

Krauthammer: What’s the case for Hillary?

“The best darn change-maker I ever met in my entire life.” So said Bill Clinton in making the case for his wife at the Democratic National Convention.

Meet the president

Krauthammer: Surprise! Trump is running as Trump

Six weeks into Donald Trump’s general election campaign, Republicans are discovering that he indeed intends to run as Donald Trump.

Trump: The earthquake and the aftermath

What lies behind Donald Trump’s nomination victory? Received wisdom among conservatives is that he, the outsider, sensed, marshaled and came to represent a massive revolt of the Republican rank and file against the “establishment.”

Krauthammer: An air of menace about this campaign

By international and historical standards, political violence is exceedingly rare in the United States. In 2016, it may not remain so.

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