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News

August 22nd, 2018
Public registers ‘fight’ will bring Constitutional review of UK powers over VI

ROAD TOWN, Tortola, VI - A legal fight between the United Kingdom (UK) and the Virgin Islands (VI), over the imposition of ‘public registers,’ will inevitably lead to a Constitutional review, with a focus on the powers of the UK to unilaterally impose legislation on the Territory.

August 15th, 2018
‘Public Registers’ danger demand greater focus & investment in VI Tourism—Wheatley

NEW YORK, NY, USA – There are serious economic and financial implications for the Virgin Islands (VI), as a consequence of the United Kingdom's (UK) decision, to impose public registers of beneficial ownership on the Overseas Territories (OTs), and in order to compensate, Tourism will have to take on a much more prominent role as a driver of economic growth in the medium and longer term.

August 14th, 2018
Re-balancing the VI economy in wake of 'Public Registers Decision'

By E. Benito Wheatley

There are very serious economic and financial implications for the Virgin Islands (VI), as a consequence of the United Kingdom's (UK) decision, to impose public registers of beneficial ownership (public registers) on the Overseas Territories (OTs).

June 15th, 2018
A hard climb out the economic hole!

Dickson Igwe

Hurricanes Irma and Maria pulled the (British) Virgin Islands (VI) into a huge environmental and ecological "hole." That ecological crater is also an economic pit. Political and social leaders of the VI do not appear to have any cohesive and unified plan for pulling the economy out of recession. There are no solutions being offered. There is no vision on the horizon.

June 13th, 2018
Hon Pickering discuss VI & UK relations in wake of ‘public registers’

ROAD TOWN, Tortola, VI - Deputy Premier and Minister for Natural Resources and Labour, Dr the Honourable Kedrick D. Pickering (R7) and United Kingdom (UK) Overseas Territories (OT) Minister, Lord Ahmad, on June 12, 2018, held bilateral talks over the ‘public registers' of beneficial ownership, preparations for the 2018 hurricane season, and the recovery of the Virgin Islands (VI).

May 25th, 2018
‘We are entering a divorce with the UK’- Dr Pickering

ROAD TOWN, Tortola, VI- “We have done everything that have been asked of us from the international community. We have instituted one of the best regulated financial services system anywhere in the world because we like to say that we are ahead of the curb and therefore we are going to ensure that whenever they bring something at us we are prepared for it…what more they want us to do?”

May 25th, 2018
Close to 5000 take to streets in Decision March 2018

ROAD TOWN, Tortola, VI- It was a time to put political party and other issues aside and unite on a common front for the economic future of the Virgin Islands yesterday, May 24, 2018 when close to 5 thousand persons turned up for Decision March 2018.

May 16th, 2018
PHOTO of the Day: Hons D. Orlando Smith & Andrew A. Fahie hard @ work

LONDON, England, UK- They left the Virgin Islands on Monday May 14, 2018 to fight the ‘mother country’, the United Kingdom, over its House of Commons Bill passed on May 1, 2018 to make public beneficial ownership of offshore accounts.

May 4th, 2018
Gov’t $240M in debt; @ brink of borrowing capacity- Claude O. Skelton-Cline

ROAD TOWN, Tortola, VI- It was on the Tuesday May 1, 2018 edition of the Honestly Speaking show, aired on ZBVI 780 AM, that the Leader of the Opposition and First District Representative Honourable Andrew A. Fahie and commentator Claude O. Skelton-Cline shared with listeners their views on the financial position of the Virgin Islands (VI).

May 1st, 2018
HoA resumes today May 1, 2018 with Answers to Questions

ROAD TOWN, Tortola, VI- The House of Assembly (HoA) is to resume its sitting today Tuesday May 1, 2018 at the Chambers in Road Town, the capital city, when the Premier and other frontbench Ministers are to answer questions from both Opposition Leader Hon Andrew A. Fahie (R1) and Hon Julian Fraser RA (R3).



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