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Little Cayman Centre partners with NOAA

Central Caribbean Marine Institute (CCMI) and its research centre on Little Cayman are entering into a partnership with the US National Oceanic and Atmospheric Administration (NOAA) through an international project to monitor coral reefs globally.

This project is the Integrated Coral Observing Network (ICON), and its partnership with CCMI will provide long-term data sets for Little Cayman that can be compared to all major US coral reef areas, according to information issued by CCMI.

It will also provide near real-time feedback on conditions conducive to coral bleaching, as well as other coral reef models, and provide a platform for advanced analysis of the coral reef environment in near real-time.

CCMI President, Dr Carrie Manfrino, told Cayman Net News what this partnership means for CCMI and the Little Cayman Research Centre (LCRC).



TI returning as part–hotel

Renovations to Treasure Island Resort are well on the way to completion and by the end of this year about 50 of its current 290 finished rooms could be available as tourist hotel rooms.

The well known Seven Mile Beach resort has been transformed into what will be a mix of apartments for lease, corporate extended stay room and family holiday resort rooms. All its current 290 rooms have at this stage been fully renovated. In fact, one retail space and only a few of TI’s rooms (all with ocean or pool views and access to the beach) are still available for rent.

The renovation work, which is costing about $6.75 million, is being undertaken by Restoration Cayman, LLC, a partnership of long–time Cayman resident Harry Lalli and some of his family. Together they purchased the resort in June 2005.



Smart shoppers to find deals at Stupid Prices

A Washington state discount chain has a simple philosophy when it comes to retailing. Don't pay stupid prices -- shop at Stupid Prices instead.

Now the deep-discount chain Stupid Prices is coming to Coral Springs to open its first Florida store. Located at Atlantic Boulevard and Riverside Drive, it is expected to open June 24.

The Woodinville, Wash., chain already has 14 stores in California, Washington and Oregon.

Stupid Prices offers large discounts on a wide assortment of goods, from Cheerios to chairs to television sets that are discontinued items, seasonal products, display or package-damaged items, products whose packaging has been changed, factory closeouts and customer returns.

Like the retailer Tuesday Morning, the offerings change daily and depend on what is available.



Sailing Freedom of the Seas

Some 34,000 gallons of water per minute are rushing over a hump in a 40- by 32-foot cushy gym mat made from recycled tires. It's all rushing at me.

The plan: I am going to clutch a boogie board and fling myself headlong down the hump into the face of the gushing gallons. People will be watching.

I'm vaguely panicked, but pride demands that I take the plunge.

Quicker than I can say Gidget, I'm into the water, down the ramp and back up it again, all twisted around and minus the boogie board. Embarrassing, yes, but Cowabunga! What a blast!

The FlowRider surfing simulator is all the buzz on the largest cruise ship at sea, Royal Caribbean's new Freedom of the Seas. It's proven so popular that kids, 50-something business moguls and grannies are standing in line for as much as 45 minutes to catch a wave, then getting right back in line again.



International Go Skateboard Day, June 21st 2006 (Posted 6/20/2006) Skateboarders around the world are preparing to

(GSD). "Skateboarders: Take Over The World! Go Skateboarding Day is June 21st. No School. No Work. Nothing But Skateboarding! Today is our day! Join the grind heard round the world." (Full Article) Search *

Skateboard "Hood Games" Return To Oakland, California (Posted 5/14/2006)
Dozens of skateboarders were on hand on Oakland California *'s Franklin Street for the Hood Games 4, where the whole block from 14th to 15th streets was closed on Saturday May 13th, 2 (Full Article) Search *

Slamtrick 2006 Skateboard Jam, Italy, June 16-18 2006 (Posted 5/13/2006)
"Slamtrick 2006: the family edition" will be held in marina di ravenna, Italy *, from the 16th to the 18th of june. This year's big news is the presentation of new prize categories, "the killer" (best trick), "the machine" (best skater of the day), "the doctor" (most technical trick) and "the crazy horse" (the most original trick).



Falklands : Hydrocarbons Weekend Record (17/18 June 2006)

A South African Company will assess the salvage prospects of the rig that was stranded on Tristan da Cunha.

HYDROCARBONS WEEKEND RECORD (17/18 JUNE 2006)

By J. Brock (FINN)

At 1800 LMT on Sunday, 18 June 2006 Light Sweet Crude had risen 5 Cents and settled at $69.33 and Brent Crude has risen .25C and Settled at $68.70. These quotes are from different markets than are normally reported.

TRENDS:

Oil prices to be fluctuating within a narrow margin around the $69.00 to $70.00 per barrel range. Irans continues to be positive but firm about unconditional bilateral talks. Investors are not worried about the continuing good supply of gasoline in the States, nor are they fearful about any hurricanes in the Gulf of Mexico. All could change on onday. We wait and see.



Canada: Looking For Offshore Investors? - Consider Listing Your Hedge Fund on The Irish Stock Exchange

The Canadian hedge fund industry has grown dramatically over the past decade. Where previously there were only a few participants in the Canadian hedge fund space, today there are several highly skilled Canadian hedge fund managers - many of which are ready to export their expertise globally.

To access foreign investment, a Canadian hedge fund manager will often establish an investment fund in an offshore jurisdiction, such as the Cayman Islands or British Virgin Islands.... .