Michael Lee-Chin was born in Port Antonio Jamaica in 1951 of bi-racial (Chinese and Black) parents. He lives between his homes in Hamilton, Ontario, Canada and Miami Florida. Lee-Chin is a business magnate, investor, and philanthropist and the founder and Chairman of Portland Holdings Inc., a privately held investment company which owns a collection of diversified operating companies in sectors that include media, tourism, health care telecommunications and financial services.

Personal income taxes are a huge source of revenue for most governments, and the debate on taxes has been a hot-button issue in recent elections in the United States and Europe. But there are some countries where you can be 100% certain you don't have to pay income tax.

Finally! After nearly 11 months of painstaking evaluation and working tirelessly to meet the requirements of the Jamaica Civil Aviation Authority (JCAA), Fly Jamaica Airways can now officially take to the skies.

European stocks edged higher and the euro hovered near an eight-week high on Thursday on expectations the European Central Bank will unveil new tactics to cut high borrowing costs for indebted euro zone states at a policy meeting later in the day.

The single currency jumped more than 1 cent on Wednesday to a high of $1.2625 after a string of leaks from euro zone officials suggested the ECB would buy short-term debt and not give its own holdings seniority over those of private investors.