BVI, Caribbeanand International News

VI is a ‘rich country but the richness’ is skewed- Karen C. Vanterpool

VI is a ‘rich country but the richness’ is skewed- Karen C. Vanterpool

Independent At Large candidate Karen C. Vanterpool launched her elections campaign in Valley, Virgin Gorda last night, April 8, 2023.

At the launch attended by approximately 50 supporters, Vanterpool spoke on a number of issues she would like to champion if elected, including the standard of living in the territory.

At her campaign launch attended by approximately 50 supporters, Karen C. Vanterpool spoke on a number of issues she would like to champion if elected, including the standard of living in the territory.

VI is a ‘rich country but…’

“Looking in from the outside, one can easily conclude that the VI is a ‘rich country’ but the ‘richness’ of this country in my opinion is skewed," Vanterpool stated.

According to the At Large candidate, the VI’s financial services industry, though relatively new when compared to tourism, has catapulted the VI to what can be dubbed as one of the Caribbean’s superpowers.

She pointed out that very recently it was stated the [British] Virgin Islands is home to a globally respected international business and finance centre, facilitating an estimated $1.4 trillion in cross-border trade and investment.

"This, ladies and gentlemen, plays a very vital role in the economy of our Virgin Islands and an exponential amount of revenue for our territory. Yet, when we look around, this revenue is not distributed evenly to give us a better standard of living.

“Our GDP [Gross Domestic Product], as I understand it, is in the billions. This is the cost of final goods in a country. If you look at this and decipher the figures, it says that the cost to obtain goods and services in this country is extremely high.”

Two other Independent candidates were afforded a moment on Vanterpool's stage; Ninth District Candidate Vernon Vanterpool, right, and At Large Candidate Daniel F. Davies, left.

‘Now is the right time’- Vanterpool

Ms Vanterpool, speaking exclusively to Virgin Islands News Online (VINO) last month, said her elections bid was about seven years in the making, since attending university, and that through prayers and guidance from God, she felt now is the right time to come forward and serve the country in elected office.

The Independent At Large candidate has a BsC in Business Management, Associate [Degree] in Business Administration, Associate in Accounting, and an Associate in Construction Technology with some 28 plus years of experience in the telecommunications industry, going all the way back to Cable and Wireless.

Meanwhile, two other Independent candidates were afforded a moment on Vanterpool's stage; Ninth District Candidate Vernon Vanterpool and At Large Candidate Daniel F. Davies.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.

Related Articles

Nvidia Joins Tech Giants as First Chipmaker to Reach $1 Trillion Valuation
Drone Attack on Moscow's Wealthiest Neighborhoods Suspected to be Launched by Ukraine
Elon Musk Meets Chinese Finance Minister in Beijing
AI ‘extinction’ should be same priority as nuclear war – experts
Prominent Hacker Forum RaidForums Suffers Substantial Data Breach
Nvidia CEO Huang says firms, individuals without AI expertise will be left behind
WPP Revolutionizes Advertising with NVIDIA's AI Powerhouse
Two US Employees Fired For Chasing Robbers Out Of Store As They Broke ''Company Policy''
If you donated to BLM, you got played
Pfizer, the EU, and disappearing ink - Smoke, Mirrors, and the Billion-Dose Pfizer Vaccine Deal: EU's 'Open Secret
Actor Tom Hanks told Harvard University graduates to be superheroes in their defense of truth and American ideals, and to resist those who twist the truth for their own gain
The Sussexes' Royal Rebound: Could Harry and Meghan Markle Return to the UK?
A provocative study suggests: Left-Wing Extremism and its Unsettling Connection to Psychopathy and Narcissism
France Arrests 10 on Suspicion of Failing to Respond in Time to Migrant Drowning
Neuralink Receives FDA Approval for First-in-Human Clinical Study
Is Saudi Arabia the holiest place in the world? Ancient Hebrew Inscriptions from "The Mount Sinai Stand" Discovered in Saudi Arabia
Ukrainian Intelligence Official Admits to Assassination Attempts on Putin
Bernard Arnault Loses $11.2 Billion in One Day as Investors Fear Slowdown in US Growth Will Reduce Demand for Luxury Products
Russian’s Wagner Group leader: “I am not a chef, I am a butcher. Russia is in danger of a revolution like in 1917.”
TikTok Sues Montana Over Law Banning the App
Ron DeSantis Jumps Into 2024 Presidential Race, Setting Up Showdown With Trump
Last Walmart in North Portland Closing Down
Florida's DeSantis seeks to disqualify judge in Disney case
Talks between US House Republicans and President Biden's Democratic administration on raising the federal government's $31.4tn debt ceiling have paused
Biden Administration Eyeing High-Profile Visits to China: The Biden Administration is heating things up by looking into setting up a series of top-level visits to Beijing by top officials in the coming months
New evidence in special counsel probe may undercut Trump’s claim documents he took were automatically declassified
A French court of appeals confirmed former President Nicolas Sarkozy's three-year jail term for corruption and influence peddling
Debt Ceiling Crises Have Unleashed Political Chaos
Weibao Wang, a former software engineer at Apple, was charged with stealing trade secrets related to autonomous systems, including self-driving cars
Mobile phone giant Vodafone to cut 11,000 jobs globally over three years as new boss says its performance not good enough
Elon Musk compares George Soros to Magneto, the supervillain from the Marvel Comics series.
Warren Buffett Sells TSMC Shares Over Concerns About Taiwan's Stability
New Study Finds That Secondary Bacterial Pneumonia Is a Major Cause of Death in COVID-19 Patients Who Require Ventilator Assistance
The Prime Minister of St. Vincent and the Grenadines calls the British monarchy "an absurdity" he wants to remove in his lifetime
King Charles III being crowned.
'Godfather Of AI' Geoffrey Hinton Quits Google To Warn Of The Tech's Dangers
A Real woman
Vermont Man Charged with Stalking After Secretly Tracking Woman with Apple AirTag
Elon Musk Statements About Tesla Autopilot Could Be 'Deepfakes,' Lawyers Claim. Judge Evette Pennypacker Does Not Understand How Far and Advanced This Technology Became
Ukraine More Prepared for Counterattack as Reinforcements Arrive
UK Prime Minister Rishi Sunak and Italian Prime Minister Giorgia Meloni Discuss Migration, Defence, and Ukraine
AT&T's Successful Test of Satellite-Based Phone Call Raises Possibility of Widespread Coverage
CNN: "Joe Biden is asking for four more years — when 74% of Americans think the country is heading the wrong way“
Turkish President Recep Tayyip Erdogan Cuts Short Live TV Interview Due to Health Issue
US Congresswoman threaten Twitter Files journalist with arrest
Pulitzer Prize-winning journalist Seymour Hersh slams New York Times' pro-government stance and treatment of sources
Enough is enough: it's time to end the war in Ukraine. While Russia may be to blame for starting it, Russia is not the one refusing to stop it
Fox News Settles their case with Dominion Voting Systems for a staggering $787.5 MILLION
AG decries scapegoating and rushed lawmaking by government
The land of the free violence