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2024 - PREPARED FOR THE YEAR AHEAD

Opinions & Editorial 01 Jan, 2024 Follow News

2024 - PREPARED FOR THE YEAR AHEAD

As we embark into 2024, the road ahead is brimming with opportunities for Cayman but at the same time equally fraught with challenges.

It will be a year of big decisions and major developments both globally and locally.

Here at Caymanian Times newspaper and Cayman Conversations podcast, we’ll continue to keep abreast of developments, while reviewing and looking ahead in our analysis.

Our commitment to Cayman is a firm belief in balanced, impartial journalism and coverage of current issues, informed and intelligent perspectives on ‘matters that matter’ and a forum for serious discourse.

Major developments already booked in the year’s calendar - and with a look ahead to 2025 - include mainly upcoming elections in Cayman, the United States and the United Kingdom. There’s also the issue of the state and future of relations between the UK, Cayman and the other Overseas Territories which is poised for a major shift in 2024. However that new paradigm works out, Cayman will be at the forefront in many respects of the consultations and ultimate new structure.

The coming enactment of the pivotal - and controversial - Public Registers of Beneficial Ownership legislation is another upcoming major development with potentially far-reaching implications for our financial sector and economy.

Being at the centre of the global economy, Cayman is also uniquely exposed to vulnerabilities. Although far away, the impacts and implications of the ongoing conflicts in the Middle East between Israel and Hamas, and in Eastern Europe between Russia and Ukraine all affect global trade flows with direct impacts on import-dependent Cayman.

In the Caribbean region, we’ll continue to closely monitor and report on developments of interest especially the tense situation between Guyana and Venezuela.

Locally, whether this year sees Cayman going to the polls, or is the critical run-up to due elections in 2025, we expect a flood of issues to dominate our coverage. The economy broadly; jobs, development planning, housing, tourism, healthcare, education, and crime - all of these are frontline issues that are certain to occupy our attention.

Our newspaper, Caymanian Times, is proud to be a part of an international family of newspapers - alongside our global business partners - which have maintained a presence as bastions of a free and responsible press.

With the supporting role of new technologies such as social media, continuing to deliver accurate, informative news and analysis will continue to be our hallmark as we expand our coverage and circulation in 2024.


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