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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).
Premier affirms Unity Gov’ts commitment to fighting money laundering
ROAD TOWN, Tortola, VI – Virgin Islands Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley has affirmed his Government’s commitment to fighting money laundering and other financial crimes in the VI.
BVIAA employees to receive reimbursement for COVID pay cut
BEEF ISLAND, VI – Employees of the BVI Airport Authority (BVIAA) will be reimbursed for monies cut from their salaries during the early months of the COVID-19 pandemic according to Premier Andrew A. Fahie.
Gladys Todman said she used stolen $$ to buy sneakers & food
ROAD TOWN, Tortola, VI- Gladys Todman of Baughers Bay pleaded guilty to theft when she appeared before Magistrate Khadeen Palmer on April 7, 2022.
The return of the inflation beast
Dickson C. Igwe
Investors are wary recession may be on the horizon. Recession is never good for investors or business, as recession means a fall in profits and revenues, which in turn impacts dividends and share prices. Recession means business contraction and job loss.
The love for easy money - Part 1
Dickson C. Igwe
OK, at the root of the need for a Commission of Inquiry, and all the present woes that threaten this small country, is the simple reality that the Virgin Islands is threatened by an increasingly amoral riptide, that is driving crime, corporate greed, and poor ethics, in the private and public space.
New JvD ATM is ‘promise made, promise kept’– Premier Fahie
GREAT HARBOUR, Jost van Dyke, VI – Installation works have been completed on a new ATM on the sister island of Jost van Dyke, Premier and Minister of Finance Hon Andrew A. Fahie (R1) has revealed in a social media post.
‘Lifeline Financial Programmes’ launched to boost local money management
ROAD TOWN, Tortola, VI – Local media personality Kenneth G. Gladstone, along with other investors, have launched Lifeline Financial Programmes, a subsidiary of Lifeline (BVI) Limited, a new company aimed at helping Virgin Islanders get their finances in check, especially during the current COVID-19 pandemic.
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.
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