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Windfall tax 'damaging' for net zero plans and energy security, businesses say
The Confederation of British Industry says the chancellor's windfall tax will hurt the UK's net zero ambitions - but climate groups disagree.
Sunak unveils £21bn package and U-turns on windfall tax to help Britons 'hit hard' by cost of living surge
The chancellor's measures will be partly paid for by £5bn raised from a levy on oil and gas companies - a U-turn after the government had initially resisted Labour calls for a windfall tax.
World Bank boss warns over global recession
The head of the World Bank has warned that Russia's invasion of Ukraine could cause a global recession as the price of food, energy and fertiliser jump.
Low likelihood of monkeypox spread to VI but situation being monitored– Hon Penn
Minister for Health and Social Development under the Unity Government, Hon Marlon A. Penn (R8), has indicated that although the likelihood of monkeypox spread in the VI community is currently low, the Chief Medical Officer and other offi...
Over $1.6M in rent concessions offered to TPP tenants since 2020
Premier and Minister of Finance Dr Natalio Wheatley has revealed that the Virgin Islands government granted rent concessions to 70 tenants at the Cyril B. Romney Tortola Pier Park which totalled more than 1.6 million dollars.
Health Minister says gov’t monitoring int’l monkeypox outbreak
Given the BVI’s dependence on international travel and tourism, Health Minister Marlon Penn said his ministry is monitoring the outbreak of monkeypox cases in countries where the virus does not usually spread.
China Opens Exchange Bond Markets to Overseas Investors
China will allow foreign institutional investors to trade bonds on its smaller exchange market in its latest step to attract more capital inflows by opening its financial markets, after a record selloff of Chinese holdings by foreign inv...
Hong Kong seeks to revive global banking status with major summit
Hong Kong's central bank plans to hold a major conference in November it hopes will draw global banking bosses, sources said.
US economy shrank by 1.5% in the first three months of 2022
But US consumers and businesses kept spending at a solid pace, according to government data released Thursday.
We have found Hon Fahie ‘guilty without hearing a word from him’- VI Lawyer
Local attorney Richard G. Rowe has pointed to the double standard and insularity regarding the condemnation of former Premier Andrew A. Fahie (R1) and others by persons in the Virgin Islands.
Why Gen Z workers are already so burned out
The youngest employees are already feeling pressured and exhausted – even in the earliest stages of their careers.
No analysis or audit! Over $1.3M spent on transportation assistance
A transportation assistance programme engineered by the former Andrew Fahie-led Virgin Islands Party (VIP) government was conducted without any proper analysis or without the benefit of a Cabinet-recommended audit, the Commission of Inqu...
School outbreak boosts covid case in Cayman Islands
After a reported outbreak of COVID-19 at Cayman Prep on Friday, over 100 students and their family members were locked down over the weekend. The positive tests boosted the number of people in isolation and on Monday Public Health said t...
USVI Travel Portal to be discontinued June 1, 2022
The USVI Travel Portal, launched during the Covid-19 pandemic in an attempt to minimise the spread of the virus from individuals entering the US Virgin Islands (USVI), will be discontinued on Wednesday, June 1, 2022, Governor Albert A. B...
COI report calls for wholesale review of BVI’s welfare systems
The Commission of Inquiry (COI) report has called for a wholesale review of the BVI‘s welfare benefits and grants system.
JD Sports founder Peter Cowgill ousted 'with immediate effect'
Sky's Ian King says the City has been shocked by Mr Cowgill's sudden departure despite a string of negative headlines and criticism he had too much control of the FTSE 100 company.
South Africa: No need for mass monkeypox immunisation – experts
The African continent has not recently recorded any confirmed or suspected of cases of monkeypox, unlike Europe and the United States.
Police raid leaves at least 22 dead in Rio de Janeiro
At least 22 people have died in the bloody aftermath of a raid carried out by Rio de Janeiro's military police on Tuesday.
Sue Gray partygate report: The key findings at a glance
A senior civil servant's highly anticipated report on lockdown gatherings held in and around Downing Street has been published in full.
How can the PM sleep with 'blood on his privileged, filthy hands', asks Labour MP
Labour MP for Middlesbrough Andy McDonald asked the Prime Minister "how on earth does he sleep at night with so much blood on his privileged, filthy hands", referencing deaths from COVID and the future impact of the cost of living crisis.
Monkeypox: Can it be treated and how worried should we be?
Dr Khan looks at the new outbreak of an old virus that has been detected in about a dozen countries in two weeks.
Powell: ‘Soft’ economic landing may be out of US Fed’s control
Powell has portrayed the Fed’s drive to raise interest rates as consistent with a so-called ‘soft landing’ for the United States economy.
While Boris Johnson partied, I helped a child put on PPE to see his dying dad
NHS doctors were grateful to the public who followed Covid rules. The PM’s glass of wine has been thrown in all our faces, says palliative care doctor Rachel Clarke
Davos is back and the world has changed. Have the global elite noticed?
The last time top politicians, CEOs and billionaires gathered in a Swiss mountain village to discuss society's biggest problems and pitch their solutions, the coronavirus outbreak in China was little more than a remote threat. The econom...
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