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Cayman Enterprise City, a Technology-based Special Economic Zone, Launches in the Cayman Islands

George Town, Grand Cayman, Cayman Islands (PRWEB) March 07, 2012

Cayman Enterprise City (CEC), the first technology-based Special Economic Zone of its kind in the Caribbean region, is now open for business and welcoming its first clients. The official launch of the SEZ was observed at a celebration attended by His Excellency the Governor of the Cayman Islands Mr. Duncan Taylor, Cayman Islands Premier, the Honorable McKeeva Bush, CEC executives and prominent business and community leaders. In January 2011 the Premier signed a Memorandum of Understanding allowing the CEC Development company exclusive rights to develop and operate a special economic zone, intended to attract internet, technology, commodities and derivatives, media, and biotechnology companies from around the world.

Speaking at the launch event Premier Bush commented on the expedited process that resulted in the timely launch. “It is an incredible accomplishment when we consider how much the elected government, the civil service and Cayman Enterprise City have achieved together in 12 short months to make this project a reality,” he said. The Premier added that the Special Economic Zones Law was passed by the Legislative Assembly in September 2011 and the Special Economic Zone Authority was established shortly after that. The Authority held its first meeting in December and is now licensing the first zone companies.

“The cooperation and pro-business attitude of the Cayman Islands government and the civil service has been outstanding,” noted Cayman Enterprise City CEO Jason Blick. “They truly understand the positive effect the zone will have on Cayman, and their support has been incredible.”

Cayman Enterprise City is expected to develop into the third pillar of the Cayman economy, alongside financial services and tourism, by attracting new technology based industries and global brands into establishing a physical presence in the Cayman Islands. A February Moody’s Investors Service report stated that CEC is an “important and credit positive diversification opportunity for this small island economy.” Around the globe SEZs have consistently boosted local economies, not only through direct foreign investment, but also by creating highly skilled jobs within the zone and generating work outside the zone in support sectors including construction, services and supply services.

The unique concessions offered through Cayman Enterprise City place it in the top 1% of all SEZs in the world and CEC’s guaranteed 10-day, fast-track set up of operations makes it easy for companies to quickly establish an office in Cayman’s tax-neutral jurisdiction. Companies in the zone are exempt from work permits and import duties. Some may be able to cut operational costs in half, and because all transactions are done from Cayman’s tax-neutral jurisdiction, companies are also guaranteed protection of intellectual property. Client businesses of Cayman Enterprise City also enjoy 100% foreign ownership;100% exemption from Income Tax, Corporate Tax and Capital Gains Tax for 50 years.

About Cayman Enterprise City

Cayman Enterprise City is a Special Economic Zone being developed in a state-of-the-art campus of innovative and sustainable architecture in Grand Cayman, designed to complement and respect the local environment. It will include: Cayman Internet & Technology Park, Cayman Biotech Park, Cayman Media Park, Cayman Global Commodities & Derivatives Park, Cayman Outsourcing Park and Cayman International Academic Park. There will be no manufacturing or industrial businesses within the zone. International businesses establishing within the zone will not be permitted to trade in Cayman outside of the zone so they cannot compete with local businesses. For more information call 345-945-3722, e-mail info@caymanenterprisecity.com or visit http://www.caymanenterprisecity.com.

Attachments

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, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

2012 Silicon Valley Index: Annual Study Shows Silicon Valley Economy Mounting Impressive Recovery From Recession

2012 Silicon Valley Index

San Jose and Mountain View, Calif. (PRWEB) February 07, 2012

Silicon Valley’s innovation engine is driving a recovery that leads the nation, but the persistent public sector fiscal crisis and other factors are slowing widespread economic gains, according to the 2012 Silicon Valley Index released today by Joint Venture Silicon Valley and Silicon Valley Community Foundation.

The comprehensive yearly study on the economic strength and overall health of Silicon Valley indicates the region that was the last to succumb to the recession now appears to be the first to emerge, paced by tech sector growth that is spawning new companies and creating jobs. Yet these narrow gains, the drag on public finance and housing and the constraints of Proposition 13 are keeping most residents from benefiting.

“Though encouraging, we don’t see the report as a cause for celebration,” said Russell Hancock, CEO of Joint Venture, “Small businesses are clearly not out of the rough. The public sector is still in the throes of a fiscal crisis and median household income continues to fall as the gap between those succeeding and those struggling grows wider and wider. It’s as if we’re becoming two valleys.”

“This year’s Special Analysis examines Proposition 13 and reveals yet another challenge facing our region,” said Emmett D. Carson, Ph.D., CEO and President of Silicon Valley Community Foundation. “When Proposition 13 was approved, median home prices were growing faster than most other government revenue sources. Today’s new normal is characterized by reduced home prices and drops in assessed value, which means we must either adjust to fewer public services, find new sources of revenue or a combination of both. We need to ask ourselves if it is time to consider a new approach.”

The 2012 Index reports the latest data and trends in economic development, workforce, housing, education, public health, land use, environment, governance, arts and culture and other sectors throughout Santa Clara and San Mateo Counties and portions of Alameda and Santa Cruz Counties. An accompanying Special Analysis section of the report each year takes a closer look at a particularly significant topic.

The Index is published in conjunction with the annual “State of the Valley” conference, a town hall-style gathering of regional leaders, elected officials and citizens in a daylong discussion of Silicon Valley’s opportunities and challenges. The 2012 conference takes place Friday, February 10, at the McEnery San Jose Convention Center.

Other highlights of the 2012 Index and Special Analysis include:

Jobs – Silicon Valley added more than 42,000 jobs in 2011. Unemployment in the region fell 1.4 percent over the previous year to 8.3 percent in December 2011. This is lower than California at 10.9 percent and on par with the U.S. rate.

Innovation Engine – Patent registrations leapt by 30 percent over 2009 with 13,311 new patents registered in 2010, largely in computers, data processing and information storage. Silicon Valley accounted for 49 percent of total registrations statewide and 12 percent nationally, a one percent drop over the prior year. Venture capital investment in clean technology nearly doubled over the prior year and was strongest in energy generation, efficiency and storage. Silicon Valley had 12 IPOs in 2011, one more than in 2010, 46 percent of California’s offerings and 12 percent of the nationwide figure.

Public Sector Fiscal Crisis – City revenues in 2009/2010 fell eleven percent from the year prior, the second straight year of declining revenue since 2003/2004. From 2009 to 2010, total debt funding increased by 43 percent with $ 2.5 billion in 2010. This growth was mostly due to increased debt funding in education, transportation infrastructure and housing.

Housing – Residential foreclosures fell 16 percent from the first half of 2008 to the first half of 2011 in the region and declined 24 percent in California. Only five percent of new housing in Silicon Valley was classified as affordable, a 14-year low. Total new residential development expanded by 165 percent in the last year.

Income – Silicon Valley’s per capita income in 2011 expanded by four percent to reach $ 66,000. Per capita income in California and the nation increased just two percent over 2010. However, most residents continued to suffer earnings losses in 2010 as the region’s median income continued to slide for the second year in a row. Median incomes dropped three percent in the region, seven percent statewide and two percent nationally.

Talent Flows, Diversity – Science and engineering talent expanded by four percent in Silicon Valley and by eight percent in the U.S. Half the population speaks a language other than English in the home. Asian speakers make up the large shares, but speakers of European languages are on the rise.

Published annually since 1995, the Silicon Valley Index findings are reported in five major sections: People (talent flows, diversity); Economy (innovation, employment, income); Society (preparing for economic success, early education, arts and culture, health, safety); and Place (environment, land use, housing, commercial space). Governance was not included this year because it is the focus of the Special Analysis.

Joint Venture added the Community Foundation as its partner on the Index in 2008 and expanded the data to include all of San Mateo County. The Silicon Valley Index and Special Analysis may be downloaded from the Joint Venture website at http://www.jointventure.org and the Community Foundation website at http://www.siliconvalleycf.org.

ABOUT JOINT VENTURE SILICON VALLEY

Joint Venture Silicon Valley was established in 1993. A non-profit organization, the group convenes the region’s leaders across every major sector – government, business, academia, labor, and community organizations. The organization provides data and analysis on our region’s challenges, and leads initiatives to address those challenges. Joint Venture is funded by cities and counties, local companies, colleges and universities, labor and workforce institutions, and foundations. For more information, visit http://www.jointventure.org.

ABOUT SILICON VALLEY COMMUNITY FOUNDATION

Silicon Valley Community Foundation is a catalyst and leader for innovative solutions to our region’s most challenging problems. Serving all of San Mateo and Santa Clara counties, the community foundation has more than $ 2 billion in assets under management and 1,500 philanthropic funds. The community foundation provides grants through donor advised and corporate funds in addition to its own endowment funds. The community foundation serves as a regional center for philanthropy, providing donors simple and effective ways to give locally and around the world. Find out more at http://www.siliconvalleycf.org

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Attachments

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, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Fifteen Issues, Eight Demands, One People, One Revolution (g1a2d0022c1)


Image by watchingfrogsboil
FIFTEEN ISSUES, EIGHT DEMANDS, ONE PEOPLE, ONE REVOLUTION
Global Revolution 1: American Revolution 2: Day 22: Communication 1
8 Oct 2011 (g1a2d0022c1)

The steering committee of the "October 2011 Movement" – the patriots
presently occupying Freedom Plaza in Washington DC – published a summary of
the 15 issues which are the focus of their protest here:

october2011.org/issues

The 8 demands which are the focus of my personal protest are these:

1. End the Fed.
2. Reverse Citizens United.
3. Repeal PATRIOT Act.
4. Expose 9/11 Truth.
5. End Profit Wars.
6. Refund Taxpayer Trillions.
7. Imprison the Kleptocrats.
8. Single Term Limits.

To highlight the fact that addressing their 15 issues would go a long way
towards meeting these demands and vice-versa, over the past 15 days I have
posted 15 articles – one per issue, and each with an associated image and
video – which I recap below. For the sake of our cause, please feel free to
republish or otherwise make use of any of my original content in any manner
you choose:

ISSUE #1. "Corporatism – firmly establish that money is not speech,
corporations are not people, only people have Constitutional rights, end
corporate influence over the political process, protect people and the
environment from damage by corporations."

Article: Corporatism: "Sold Glory", the U.S. Flag After Citizens United v.
FEC (g1a2d0009c1)
URL: tinyurl.com/ironboltbruce-corporatism
Image: ldrlongdistancerider.com/images/Sold_Glory.jpg
Video: www.hulu.com/watch/118169/the-corporation

ISSUE #2. "Wars and Militarism – end wars and occupations, end private
for-profit military contractors, reduce the national security state and end
the weapons export industry. War crimes, crimes against humanity and crimes
against peace must be addressed and those responsible held accountable under
international law."

Article: Wars & Militarism: The Real Cause of the Debt Crisis (g1a2d0006c1)
URL: tinyurl.com/ironboltbruce-wars
Image:
ironboltbruce.files.wordpress.com/2011/09/htv-2_darpa_loc…
_boondoggle.jpg
Video: video.google.com/videoplay?docid=9219858826421983682#

ISSUE #3. "Human Rights – end exploitation of people in the US and abroad,
end discrimination in all forms, equal civil rights and due process for all
people."

Article: Human Rights: No Flame Burns Hotter Than A Human Torch
(g1a2d0012c1)
URL: tinyurl.com/ironboltbruce-humanrights
Image: images.democracyreview.com/Tunisia-Mohammed-Bouazizi.png
Video: www.hulu.com/watch/151119/the-end-of-poverty

ISSUE #4. "Worker Rights and jobs – all working-age people have the right to
safe, just, non-discriminatory and dignified working conditions, a
sustainable living wage, paid leave and economic protection."

Article: U.S. Corporations Firing At Home While Hiring Abroad (g1a2d0016c1)
URL: tinyurl.com/ironboltbruce-jobs
Image:
ldrlongdistancerider.com/images/Outsourcing_American_Jobs…
Video: www.youtube.com/watch?v=h2em1x2j9-o

ISSUE #5. "Government – all processes of the three branches of government
should be accountable to international law, transparent and follow the rule
of law, people have the right to participate in decisions which affect
them."

Article: Government: The Kleptocracy and You (g1a2d0007c1)
URL: tinyurl.com/ironboltbruce-government
Image: ldrlongdistancerider.com/images/Kleptocracy_and_You.jpg
Video: vforvendetta.warnerbros.com/

ISSUE #6. "Elections – all citizens 18 and older have the right to vote
without barriers, all candidates have the right to be heard and to run and
all votes should be counted."

Article: Elections: Vote All You Want. The Flight Plan Doesn’t Change.
(g1a2d0011c1)
URL: tinyurl.com/ironboltbruce-elections
Image:
ldrlongdistancerider.com/images/kleptocracy_right_wing_le…
_bird.jpg
Video: www.hulu.com/watch/177439/peace

ISSUE #7. "Criminal justice and prisons – end private for-profit prisons,
adopt evidence-based drug policy, prisoners have the right to humane and
just conditions with a focus on rehabilitation and reintegration into
society, abolish the death penalty."

Article: Prison for Profit: CCA, GEO et al Put Revenues Ahead of
Rehabilitation (g1a2d0018c1)
URL: tinyurl.com/ironboltbruce-prisons
Image:
ldrlongdistancerider.com/images/Prison_Industrial_Complex…
Video: www.youtube.com/watch?v=gHVu4ZD9XQE

ISSUE #8. "Healthcare – create a national, universal and publicly financed
comprehensive health system."

Article: Healthcare in America: Who’s Paying Who? And Who’s Getting What?
(g1a2d0014c1)
URL: tinyurl.com/ironboltbruce-healthcare
Image: ldrlongdistancerider.com/images/Big_Pharma.jpg
Video: www.youtube.com/watch?v=lKP_ISD3rvQ

ISSUE #9. "Education – all people have the right to a high quality,
publicly-funded and broad education from pre-school through vocational
training or university."

Article: Students Drown in Debt as Predatory Lenders Bank Billions
(g1a2d0017c1)
URL: tinyurl.com/ironboltbruce-education
Image:
ldrlongdistancerider.com/images/Student_Loans_Predatory_L…
Video: www.youtube.com/watch?v=VpZtX32sKVE

ISSUE #10. "Housing – all people have the right to affordable and safe
housing."

Article: HAMP Disaster Shows U.S. Treasury is "Fully Captured by the Big
Banks" (g1a2d0021c1)
URL: tinyurl.com/ironboltbruce-housing
Image: ldrlongdistancerider.com/images/Mayer_Amschel_Rothschild.jpg
Video: www.youtube.com/watch?v=JXt1cayx0hs

ISSUE #11. "Environment – adopt policies which effectively create a
carbon-free and radio-active free energy economy and that respects the
rights of nature."

Article: The General Electric Company ("GE"): Misinformation at Work
(g1a2d0020c1)
URL: tinyurl.com/ironboltbruce-environment
Image:
ldrlongdistancerider.com/images/GE_Misinformation_At_Work…
Video: www.youtube.com/watch?v=jf0khstYDLA

ISSUE #12. "Finance and the economy – end policies which foster a wealth
divide and move to a localized and democratic financial system, reform taxes
so that they are progressive and provide goods, monetary gain and services
for the people."

Article: Finance & The Economy: A Kleptocracy Tutorial Video in 12 Parts
(g1a2d0008c1)
URL: tinyurl.com/ironboltbruce-finance
Image:
ldrlongdistancerider.com/images/Fascism_Socialism_Capital…
enSystem.gif
Video: www.hulu.com/watch/235716/trading-on-thin-air

ISSUE #13. "Media – airwaves and the internet are public goods, require that
media be honest, accurate and accountable to the people."

Article: Media: Only Part of What We See is Real, Only Part of What is Real
We See (g1a2d0010c1)
URL: tinyurl.com/ironboltbruce-media
Image: ldrlongdistancerider.com/images/Psywar.jpg
Video: www.openfilm.com/videos/psywar

ISSUE #14. "Food and water – create systems that protect the land and water,
create local and sustainable food networks and practices."

Article: Mighty Monsanto, King Corn & The End of Family Farms (g1a2d0015c1)
URL: tinyurl.com/ironboltbruce-food
Image: ldrlongdistancerider.com/images/Monsanto.jpg
Video: www.youtube.com/watch?v=YH4OwBYDQe8

ISSUE #15. "Transportation – provide affordable, clean and convenient public
transportation and safe spaces for pedestrian and non-automobile travel."

Article: Gasholes: Every Oil Shortage/Crisis/War Could Have Been Averted
(g1a2d0019c1)
URL: tinyurl.com/ironboltbruce-transportation
Image: ldrlongdistancerider.com/images/Gashole.jpg
Video: www.youtube.com/watch?v=oVzJhlvtDms

###

LABELS (A POEM OF PROTEST)

"Democrat", "Republican",
The parties of the system;
Puppets both, for sale their votes,
No character or wisdom.

"Liberal", "Conservative",
For change or status quo?
Pick either one, the change is none,
All charlatans and whores.

Far "Left" we place the Anarchists,
Libertarians claim far "Right";
Yet both decry the government:
False continuum brought to light.

For oil, "We" bomb their mud huts,
Strip them bare, then offer "Aid";
And fake their retribution as
Pretext – a false flag raised.

Unarmed hundred thousands killed
By weapons of "Defense",
While rights are lost for "Freedom" sake -
On profit, all depends.

With stroke of pen, the "Patriot" Act,
And patriots’ gifts are taken;
Then "Citizens United" leaves
Our citizens forsaken.

We protest loss of liberties,
Put "World Wide Web" to use;
Cloudmark Authority censors us
For "messaging abuse".

They label us to finger-point,
With labels, "They" deride us;
Their labels keep us all at bay,
For with labels, "They" divide us.

IronBoltBruce

###

JOIN THE GLOBAL REVOLUTION!

Occupy Wall Street:

www.livestream.com/globalrevolution

occupywallst.org/

Occupy DC:

www.ustream.tv/channel/october2011

october2011.org/

Occupy LA:

www.livestream.com/owslosangeles

occupylosangeles.org/

Occupy Together:

occupytogether.org/

Watch these Videos:

tinyurl.com/kleptocracytutorial

Take this Pledge:

wp.me/p19dS3-9o

View this Image:

ldrlongdistancerider.com/images/The_March_of_Tyranny.jpg

###

PUBLIC NOTICE: No talking heads on Comcast/GE’s NBC/CNBC/MSNBC speak for us.
No talking heads on Murdoch’s Faux News speak for us. No talking heads at
the Kleptocracy’s Compliant News Network (CNN) speak for us (no matter how
dull, deliberate or subtle their delivery). No talking heads in the
lamestream media speak for us, period. And neither do ANY of the 537
bought-and-paid-for Kleptocracy puppets in Washington DC who will soon be
joining our legions of unemployed!