USVI PROPOSES TARIFFS ON BVI GOODS AMID RISING TENSIONS OVER CHARTER FEE HIKES

The United States Virgin Islands (USVI) is considering imposing a 25% tariff on goods imported from the British Virgin Islands (BVI), along with entry and exit fees for non-Virgin Islanders, in response to drastic fee increases proposed by the BVI government on USVI-based yacht charters. USVI Governor Albert Bryan Jr. requested an emergency meeting with … Continued

BERMUDA’S PROGRESSIVE LABOUR PARTY SECURES THIRD CONSECUTIVE ELECTION VICTORY

Premier David Burt and his Progressive Labour Party (PLP) secured a historic third consecutive victory in Bermuda’s General Election on Tuesday, solidifying their dominance despite the opposition One Bermuda Alliance (OBA) making gains in the Parliament. The PLP, which held 30 seats following the last general election, won 25 seats this time, while the OBA … Continued

PENSION SYSTEM TO BE REVIEWED BY JUNE 2025

The Cabinet of the Virgin Islands is set to review the current pension system by June 2025 as part of a broader pension reform strategy aimed at addressing financial sustainability and the needs of retirees. Premier and Minister of Finance, Dr. the Hon. Natalio Wheatley, made the announcement in the House of Assembly while responding … Continued

NO PLANS TO MERGE RVIPF, CUSTOMS, AND IMMIGRATION

Premier and Minister of Finance, Dr. the Hon. Natalio Wheatley, has confirmed that his government has no plans to merge the Royal Virgin Islands Police Force (RVIPF) with His Majesty’s Customs and Immigration. His statement came during the House of Assembly on Thursday, February 13, in response to questions posed by Opposition Leader Hon. Ronnie … Continued

LANDSLIDE WIN FOR PNP IN TCI ELECTIONS

The Progressive National Party secured a commanding victory in the Turks and Caicos Islands general election, winning 16 of 19 available seats in results announced early Friday morning. Premier Washington Misick’s PNP maintained its dominant position, building on its 2021 performance when it won 14 of 15 seats. The opposition People’s Democratic Movement, led by … Continued

PREMIER REFUTES “MISINFORMED AND MALICIOUS” ALLEGATIONS ON BVI’S FINANCIAL REGULATIONS

Premier Dr. the Hon. Natalio Wheatley has strongly rejected allegations published by The Guardian that accuse the British Virgin Islands (BVI) of attempting to evade a financial crime crackdown. The article, titled “British Virgin Islands accused of ‘shameful’ attempt to avoid financial crime crackdown”, claims the territory’s leadership is in dispute with the United Kingdom … Continued

PREMIER HIGHLIGHTS ‘MATURE AND FRUITFUL’ RELATIONSHIP WITH GOVERNOR

Premier and Minister of Finance, Dr. the Hon. Natalio Wheatley, has described his working relationship with His Excellency Governor Daniel Pruce as one of mutual respect, maturity, and productive dialogue. Speaking at a recent press conference in response to a media question, Premier Wheatley emphasized the improved collaboration between his office and Governor Pruce. Premier … Continued