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Finance and Business

March 18th, 2021
Economic vaccinations

Thomas C. Famous

In March of 2020, persons in the Caribbean region experienced the last week of life as we knew it.

March 18th, 2021
UK attempting direct rule, control of VI’s political future - Bishop John I. Cline

ROAD TOWN, Tortola, VI – Pastor of the New Life Baptist Church in Duff's Bottom, Tortola, Bishop John I. Cline has accused the United Kingdom (UK) of attempting direct rule and imposing policies on the Virgin Islands (VI) and other British OTs under the guise of a ‘global Britain’.

March 17th, 2021
Airbnb & CTO launch campaign to promote tourism to VI

SAN FRANCISCO, California, USA - After almost a year of intermittent travel restrictions, Airbnb, the Caribbean Tourism Organisation (CTO), and [British] Virgin Islands are collaborating to amplify the country's recovery from the impacts of COVID-19 by promoting responsible travel to the destination across Airbnb's vast global community.

March 16th, 2021
UK cronyism? Dog food vendor probably earned £1m for PPE deals- BBC

LONDON, United Kingdom- With the embattled United Kingdom (UK) government of Alexander Boris de Pfeffel Johnson ‘aka ‘Boris’ facing strong allegations of corruption and cronyism, the BBC is reporting that its investigation has unearthed that the owner of a dog food firm brokered Personal Protective Equipment (PPE) deals worth £258m between the government and a Hong Kong firm.

March 16th, 2021
Hon Fahie’s leadership hailed @ UN ECLAC Meeting

ROAD TOWN, Tortola, VI – Virgin Islands (VI) Premier and Minister of Finance, Honourable Andrew A. Fahie (R1) has been hailed by the United Nations Economic Commission for Latin America and the Caribbean (UN ECLAC) for his steadfast international leadership on pushing sustainable development.

March 16th, 2021
C'bean tourism arrivals fell by 65.5% in 2020 - CTO

ST MICHEAL, Barbados - Caribbean tourism fell by 65.5 per cent in 2020, according to data from the Caribbean Tourism Organisation (CTO), of which the [British] Virgin Islands is a part.

March 15th, 2021
A caretaker government in a period of crises

Alred C. Frett

Hunting solutions in oceans of problems:

As the world turns in this period of crises and calamities, we seem to exist on hope and promises only to face delusion and confusion along with endless excuses… After Trumpism, Brexit and the peaks of COVID-19, we swore the worst was past only to find aftershock following aftershock and, once friendly nations, becoming frenemies as some Commonwealth countries openly work against one another.

March 13th, 2021
£830m failed UK border system blamed on ‘lack of effective leadership’

LONDON, UK – United Kingdom (UK) Taxpayers are being hit with the "staggering" cost of failed UK border IT projects, despite the country spending at least £830 million on the projects, a spending watchdog has warned.

March 13th, 2021
The Mighty Central Bank

By Dickson C. Igwe

The most powerful institution on earth is the Federal Reserve: here is why. Now, global financial stability from 2008 is owed to the power of Central Banks intervening at times of crises.

March 12th, 2021
'No business received notification it was denied stimulus cheque'- Premier

DUFF'S BOTTOM, Tortola, VI- Amid public complaints from business owners that they have not yet received any COVID-19 assistance from the Government, Premier and Minister of Finance Honourable Andrew A. Fahie (R1) has explained why this may be so.

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