Yesterday, the residents of the British Virgin watched as the Governor of the Virgin Islands, His Excellency Augustus J.U. Jaspert announced the establishment of a Commission of Inquiry. In his statement, Governor Jaspert listed a number of allegations that have been reported against present and successive Governments of the Territory. One resident of the BVI … Continued
Premier and Minister of Finance Hon. Andrew A. Fahie has told the United Nations that the Sustainable Development Goals (SDGs) are a catalyst for post-pandemic recovery in remarks at the virtual UNDP/ECLAC XII Ministerial Forum for Development in Latin America and the Caribbean from 12th -14th January 2021. In his address as a panelist at … Continued
The British Virgin Islands should aim to be one of the first countries in the Caribbean region to be fully vaccinated from the Covid 19 virus. Our small population and being an overseas territory of the United Kingdom gives us an advantage we should readily embrace. This ought to be an individual responsibility that ultimately … Continued
In a recent Facebook post, Former Education Minister and businessman Myron V Walwyn shared his thoughts on the management of Covid-19 in the British Virgin Islands. The post which began by highlighting the mammoth task for any Government in the handling of this pandemic stated: “I have long maintained that the management of this pandemic … Continued
The 2008 financial crisis showed the Milton Friedman Economic Model of a Laissez Faire, Production Oriented, Trickledown, Austere, and financially driven Economy, a paper tiger. The idea that the economy is the tool of the 1% at the top of the wealth pyramid has led to anger in blue collar communities in western societies, and … Continued
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? Now, there must be a limit to how much debt an economy can manage. There is an analogy: a family earning $100K per annum can simply not afford a … Continued
Press Release The BVI Red Cross welcomes Troy Christopher as its new Chairman; Mr. Bevin Braithwaite as Vice Chair; and Ms. Sylvia Moses as Treasurer. The new appointments were made at Thursday’s annual general meeting. Mr. Braithwaite replaces Mr. Christopher; while Mr. Christopher replaces Mr. Geoffrey Brooks. BVI Red Cross Director Stacy Lloyd commented, “We … Continued
Part 2 Capitalism and individualism, with the stress on the market economy, will not be able to deal with the New World of climate change, environmental degradation, and rising power polarities that have no respect for freedom and democracy. Now a key take away from the COVID 19 Pandemic was the limits of the pure capitalism model to come to grips with the crisis at the … Continued
Placing economy before health is bad politics in the age of COVID Part 1 OK. The evidence from Asia is that voters want their governments to suppress the Covid 19 pandemic over and above fixing broken economies. And the latest indicators are that the west is losing the war against COVID 19 with its initial, ‘’half baked’’ approach to fighting the pandemic. … Continued
The road to Virgin Islands independence is a game of chess, not dominoes Now, one reason it appears any talk of independence swiftly dissipates into farce, is the very nature of the beast. To begin with, the winding, bushy, and thorny path, to independence is further strewn with traps, obstacles, and deep holes. The road to independence has never been an easy … Continued
