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News
Freedom? Who said the struggle was over?
Alred C. Frett
Holiday still only comes before Work & Reward in the Dictionary:
Just a word of caution… We have lived the Past and look forward to the Future, but for better or worse, all we have is here and now… Time moves on; Summer has arrived, Festive Season is here, and threats of Hurricanes are upon us, but before getting lost in sadness or celebrations, let us do the best we can while we can, in preparing as if another Hurricane Irma is on its way… Better we are safe than sorry.
When Capital Thrives
Dickson C. Igwe
There are seven pillars upon which capital and growth rest and thrives, Virgin Islands capital from preceding narratives is the land, human resources, technology, learning, and finance that drives the economy and national prosperity.
Value & Supply Chain
Dickson C. Igwe
OK. The scope, type, and value of capital assets sitting in the Virgin Islands require observation, assessment, and evaluation. Why? Detailed assessment of the wealth-generating assets of the Virgin Islands – the capital mix- is beneficial for economic and social planning. It is also important information for organizations and businesses, both local and international. The innovative management of capital is key to the Virgin Islands' prosperity.
Money Matters BVI launches 4th annual Piggy Bank Pageant
ROAD TOWN, Tortola, VI – Money Matter VI (MMBVI), the financial literacy function at the BVI Financial Services Commission, has announced the launch of its fourth annual Piggy Bank Pageant (PBP) in the Virgin Islands.
VI Deposit Insurance Corporation launched to usher in new era of Financial Security
ROAD TOWN, Tortola, VI - The Ministry of Finance has announced the establishment of the Virgin Islands Deposit Insurance Corporation (VIDIC), a crucial step towards enhancing financial security for depositors within the Territory of the Virgin Islands.
Youth & Capital
Dickson C. Igwe
The story of capital and social inequality offers the assertion that in a world ruled by capital, it is imperative young Virgin Islanders and residents understand economics and finance.
The Capital Mix
Dickson C. Igwe
The story on capital in the series asks a question relevant to the layperson in economics: What mix of scarce resources best fits in with the outcome and vision of an investor, policy maker, or even a consumer looking at starting a business? That is key to why the creative management of capital is vital for prosperity.
‘Glamour FX Trade Ltd’ falsely purporting to have license in VI- FSC
PASEA ESTATE, Tortola, VI - The BVI’s Financial Services Commission (FSC) in a September 22, 2023, public statement said that in order to protect the customers, creditors, or persons who may have been solicited to conduct business by GLAMOURFXTRADE, or Glamour FX Trade Ltd., as well as to bring awareness to the public; has noted that the entity has never been licensed or regulated by the FSC to carry on any type of financial services business in the Virgin Islands.
Debt generates wealth
Dickson C. Igwe
Capital ownership has driven increasing social and wealth inequality practically everywhere. Social inequality is a global phenomenon driven by the power of capital, and the owners of capital. Capital- human and physical assets that generate wealth- tends to increase the wealth and power of those who control capital. Today, wealthy capitalists own the most powerful corporations and practically run the world.
Revenues from money transfers dropped in 2022 compared to 2021– Premier
ROAD TOWN, Tortola, VI – The Government of the Virgin Islands earned less from money transfer revenues in 2022 compared to 2021, according to Virgin Islands Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7).
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