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News

April 5th, 2021
'Urgent' need for more Gov’t visits to Sister Islands - Hon Vincent O. Wheatley

ROAD TOWN, Tortola, VI – The Sister Islands of Anegada and Jost van Dyke can expect more visits from the Department of Labour and Workforce Development’s Labour Protection and Labour Relations units.

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.

January 8th, 2021
Dr. Robert A. Mathavious formally retires as CEO of BVI FSC

ROAD TOWN, Tortola, VI - Following a long career of over thirty-five years in public service, Dr. Robert A. Mathavious OBE, has formally retired from the BVI Financial Services Commission as both its Managing Director and Chief Executive Officer effective 31 December 2020.

January 2nd, 2021
Will investors allow a banking collapse?

By Dickson C. Igwe

Now, one would have thought that after the banking crash of 2008, banks would have learned the bitter lessons of that time, never to be repeated. That was not the case.

December 30th, 2020
A new year for another chance to build back better

Alred C. Frett

Will Someone Please Explain What Happens Next?

We ask what will Tomorrow bring only to find that no one has the answer and the best we can do, is prepare as best we can, knowing all we have in common is Time – Our Fears and Dreams may differ but your Second is my Second and your Decade is my Decade so, whether we are here or not, this year shall pass and whether we are there or not, the next year shall come.

December 22nd, 2020
New NBVI ATM announced for Jost van Dyke

GREAT HARBOUR, Jost van Dyke, VI - Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has broken news that bids are already flowing in from contractors, for the construction of a facility to house a new ATM for the National Bank of the Virgin Islands on Jost van Dyke.

December 5th, 2020
Is a big debt crash on the horizon? - Part B

By Dickson C. Igwe

The world is over 250 Trillion Dollars in debt: public plus private. Is that vast debt sustainable? Is this debt a bubble about to burst?

October 27th, 2020
FirstBank notifies clients about 'security event'

ROAD TOWN, Tortola, VI - FirstBank has detected a security event in its systems, which has impacted several of its service channels.

September 26th, 2020
The great capitalist hypocrisy

by Dickson C. Igwe

Capitalism has always sat on the shoulder of the poor and underprivileged. That is nothing new. Now do not be deceived by the idea of pure capitalism. It does not exist. It is the old cock and bull tale, that capitalism is solely market-driven; that free capitalist societies survive without the help of big government and public spending.

September 23rd, 2020
$1M earmarked for new income support programme- Hon Malone

DUFF'S BOTTOM, Tortola, VI – The Government of the Virgin Islands (VI) is moving to provide additional income support to citizens, given segments of the population have been unable to benefit from stimulus programmes.

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