News
'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.
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.
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.
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.
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.
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.
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?
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.
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.
$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.