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February 27th, 2024
Vincy man arrested in USVI for smuggling humans from Tortola to St John

CRUZ BAY, ST John, USVI- A St Vincent and The Grenadines national has been arrested by border patrol authorities in the US Virgin Islands and placed before the court for attempting to smuggle people into St John, US Virgin Islands from Tortola, [British] Virgin Islands.

October 14th, 2023
Leveraging debt

Dickson C. Igwe

Now, middle-income consumers—the $30-100K income bracket that most of us fall into in the Virgin Islands—use debt for a mortgage, or a car. However, for food, drink, clothing, and lower-priced items that are essential, such as rent, electricity, and water, middle-income consumers use cash that is available and not borrowed.

October 7th, 2023
Debt is a transfer of wealth

Dickson C. Igwe

Debt is like oxygen. It is everywhere in the world of economics. Debt is currency used to pay for what we want and need. It pays for products that are essential to existence such as hospital care, a roof over the head, or a vehicle in a land with no adequate public transportation. Debt can follow us to the grave if we do not pay off debt at a certain age, leaving our survivors to pay the debt.

October 3rd, 2023
VI Gov’t takes steps toward public debt reform with self-assessment

ROAD TOWN, Tortola, VI - The Government of the Virgin Islands (VI) has undertaken a Debt Management Self-Assessment to evaluate the various processes and institutions currently in place to guide public debt activities as facilitated by the Commonwealth Secretariat’s Debt Management Unit from September 18 to 29, 2023, and spanned the full gamut of government debt management functions.

September 30th, 2023
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.

May 16th, 2023
Coronation or just another nail in the children’s coffin?

Alred C. Frett

Preventing our Children’s Tomorrow from being their Grandparents’ Yesterday:

Our need to move forward is long overdue, and it is painful to watch as Leaders re-deposit our Children back into 21st Century Slavery… The more we cry for change, the more things worsen or remain the same, and we are afraid to imagine Long-term effects, because we are already seeing the short-term damage in the forms of Strokes, Deaths and Murders… Funerals have been too frequent and unbearable.

February 25th, 2022
As pandemic impacts economies globally was VI smart to not take UK Loan Guarantee?

ROAD TOWN, Tortola, VI- Even while some, for political reasons, have stated that the Government of the Virgin Islands should have ignored all the risks and red flags and go ahead and accept the £300M Loan Guarantee offer from the United Kingdom (UK) following the destructive hurricanes of 2017, statistics are now showing it may have done the right thing as inflation rises worldwide and economies continue to feel the impact of the pandemic.

April 14th, 2021
PAID AD: Welcome to Lifeline Members Club

Lifeline Financial Programmes is a regulated subsidiary of Lifeline (BVI) Limited, a company incorporated by the BVI Financial Services Commission and certified by the Department of Trade, Investment Promotion and Consumer Affairs. The new Lifeline Members Club is a programme offered by Lifeline Financial Programmes and offers lifechanging cash-generating opportunities to the Virgin Islands (VI).

January 9th, 2021
What a debt crash will look like

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?

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?

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