By E. Benito Wheatley The [British] Virgin Islands’ (VI) economic recovery from COVID-19 will be very different from its economic bounce back after Hurricanes Irma and Maria and the public must prepare for a challenging economic period ahead. Following the devastation of the two category five hurricanes in September 2017, the economy eventually recovered on … Continued
Tiny economies cannot print massive reserves of cash, by raising vast amounts of financial capital from global investors, such as multi trillion dollar economies can. Multi trillion dollar GDPs, such as the US, Germany, and UK, have the ability to borrow near unlimited amounts of money from investors through the issuance of various debt instruments … Continued
The global travel and tourism industry will inevitably contract and decline significantly, as the Corona Virus Pandemic continues its devastating journey through the world economy. For the Caribbean, a region wholly dependent upon tourism for its economic existence, this will be no easy time. Social distancing on airplanes; testing and quarantine of travelers upon arrival; the shutdown of the cruise industry; … Continued
Globalization is over as we know it. The new world will be driven by insular governance, regional integration, and bilateral agreements. Pundits expect the Corona Virus Pandemic to be one of the longest in history. The Pandemic is expected to last for 24 months at the very least. This is going to be a long … Continued
Editorial by Dickson Igwe Corona Virus will precipitate a long economic depression: be prepared for a very different and much more difficult world The Corona Virus Pandemic is a revolver to the temple of the global economy with three bullets in the chamber. The finger pressing the trigger has released its first bullet plunging the … Continued
The Corona Virus Pandemic will usher in a Post Globalization World Order. Greater regional integration, and a whole new travel protocol, that adds a robust layer of medical scrutiny means limited travel options, for at least a decade. The Corona Pandemic has wiped away 20 million jobs in a matter of 4 weeks from the … Continued
By Dickson Igwe The unmitigated spread of coronavirus is the result of gross incompetence in governance in China, the USA, and the UK Corona deaths globally have surged past 100,000. In the USA and UK, deaths approach 30,000. Just under a third. And it is rising still, and astronomically. Incredibly, Donald Trump, USA President, advocates … Continued
Medium society, Julio Vincent Gambuto Gaslighting, if you don’t know the word, is defined as: manipulation into doubting your own sanity. As in, Carl made Mary think she was crazy, even though she clearly caught him cheating. He gaslit her. Pretty soon, as the country begins to figure out how we “open back up” and … Continued
Alred C. Frett The Hypocrisy of Bureaucracy: You have always known the things I say because they are true and not new to you or most others… The Corona pestilence is upon us and this is no time for pretense or walking on eggshells. Government may be trying their best at following others and while … Continued
Editorial By Dickson Igwe, Tortola BVI A global economic depression may mean 7 years of hardship and turmoil: be prepared The ancient story of the Jew Joseph and his dream of a world plunged into a seven year famine is relevant today. History and fables have a way of returning to the present. And geography … Continued
