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January 11th, 2020
Brexit & Offshore Finance

By Dickson C. Igwe

Brexit will be a boon to the offshore finance industry in the short term, at least

Will Brexit be advantageous to offshore finance? The answer could well be yes.

The European Union is pro-regulation of offshore finance for obvious reasons. The EU is much less of a deregulated economy than a Post Brexit UK is likely to become.

December 16th, 2019
Gov't rubbishes claims of developing a new digital currency

ROAD TOWN, Tortola, VI - The Virgin Islands Government has shut down claims that it is developing a new digital currency called 'BVI~LIFE' through a partnership with blockchain startup LifeLabs, as reported by some local and international media agencies.

December 14th, 2019
The Thrift Paradox

By Dickson C. Igwe

There are two types of player in the market economy: the producer and the consumer. Producers and consumers can be further described as savers and spenders; and lenders and borrowers. This is an important dichotomy of the marketplace.

November 30th, 2019
A Virgin Islands Treasury note - Part A

By Dickson C. Igwe

A Virgin Islands treasury note for specific projects is an effective means of finance and development, in a world of low-interest rates. A Virgin Islands Bond, well managed and trusted, could become legal tender for business deals internally, and on the international money and stock markets.

November 16th, 2019
Jack the super wealthy & the working poor

By Dickson C. Igwe

Austere trickledown economics has created a world Oligarchy. The world is ruled by the super-wealthy. A great irony with globalization is that it has re-established the exponential social inequalities inherent in both ancient and recent history.

November 12th, 2019
Swifter processing & approvals with new Planning Authority Board- Hon Fahie

ROAD TOWN, Tortola, VI – Premier and Minister of Finance, Hon Andrew A. Fahie (R1) says the development of infrastructure and commercial property in the Virgin Islands (VI) post-Irma and Maria of 2017, has been progressing well, so much so that government recognised the need to enhance the process and expedite the projects.

November 7th, 2019
'Tremendous economic potential on Virgin Gorda' - Premier Fahie

VALLEY, Virgin Gorda, VI - With the return of physical banking services to the sister island of Virgin Gorda (VG) after over a year of being without, Premier and Minister of Finance, Hon Andrew A. Fahie (R1) says the island has tremendous economic potential now and in the future under his government.

November 2nd, 2019
Trump, Brexit & the working class

By Dickson C. Igwe

Austere, trickledown economics has created a world Oligarchy. The world is ruled by the super-wealthy. Now this Old boy has been labelled a racist for his pointing out the fact that politics in the USA and UK today is driven by race, ethnicity, and social class, principally.

October 26th, 2019
Trump, Brexit & a New World Order

By Dickson C. Igwe

Nationalism has been superseded by globalism. The world is changing significantly and rapidly. The screams of fear and anger, from western citizens, especially blue-collar whites in the USA and Britain, will not change that.

October 24th, 2019
Premier Fahie mulls establishing regional ocean freight route

ROAD TOWN, Tortola, VI - Premier and Minister of Finance Hon Andrew A. Fahie (R1) says with economic reform on the way in the Virgin Islands, local and regional businesses should prepare themselves for the new opportunities that will come as a result of a diversified local economy and a new ocean freight route the territory is looking to develop.

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