WAPA Does What The Virgin Islands Government Cannot Do: Borrows Money On The U.S. Bond Market: This Time To The Tune of $14.8 Million
CHARLOTTE AMALIE — The Virgin Islands Water and Power Authority (WAPA) borrowed $14.8 million last week at a nearly 11 percent interest rate and plans to borrow $70 million more through bonds in the next nine weeks. Saybrook Municipal Opportunity Fund — managed by an investor in distressed and defaulted
BLACKLASH! Two Days Before A Storm Is Expected To Reach St. Croix, WAPA Plunges The Big Island Into Darkness For Six Hours … For No Reason At All!
CHRISTIANSTED — Two days before Invest 91L was expected to reach the territory, the Virgin Islands Water and Power Authority (WAPA) plunged St. Croix into darkness for nearly six hours. At least 14,000 WAPA customers were affected as a light drizzle fell on St. Croix accompanied by 19 mile-per-hour winds.
MIAMI — A series of tropical waves in the eastern Atlantic Ocean may develop into the next tropical depression or tropical storm in the Virgin Islands by Friday — and Puerto Rico by Saturday. The first area being monitored has been named Invest 91L by the National Hurricane Center (NHC). The term
MIAMI — The tropical wave Invest 99L has passed by the Virgin Islands and was 395 miles away from St. Croix as of 10 a.m. on Friday — further away than it was Thursday morning. It is now churning across the Atlantic has become better organized and could strengthen over
Low Pressure Zone In The Atlantic Could Put Storm On A Track To Affect The Virgin Islands and Puerto Rico This Week
MIAMI — Forecasters say the Virgin Islands and Puerto Rico need to watch a low-pressure area in the Atlantic Ocean, currently located midway between the coasts of Africa and South America. Tracking northwest across the Atlantic and moving around 15 mph Sunday afternoon, that system has a 50 percent chance
STORM WATCH: ‘Torrential Downpours, Gusty Thunderstorms’ Forecast For The Region In The Next Five Days
AREA TO WATCH: The area highlighted in red is where a tropical depression or storm may develop during the next five days. The Virgin Islands and Puerto Rico could be affected by this system. MIAMI — August is historically the beginning of the annual ramp up of hurricane season in the
CHARLOTTE AMALIE – The Marina at Yacht Haven Grande said today that it will serve as the official venue for the 2017 U.S.V.I. Charter Yacht Show in St. Thomas. Hosted by the Virgin Islands Professional Charter Association (VIPCA) from November 11 – 14, the show will feature at least 50 yachts available for charter
CHARLOTTE AMALIE — All games for the Virgin Islands Paradise Jam will stream online at FloHoops.com. The announcement includes official tipoff times for all 16 games of the men’s and women’s tournaments at the 18th annual Paradise Jam, set for Nov. 17-25, at the University of the Virgin Islands. FloHoops
SAN JUAN — The Arecibo radio telescope, the Puerto Rican observatory made even more famous for its part in the 1995 James Bond film Goldeneye, began receiving a mysterious signal May 12 during an observation of Ross 128, Business Insider Science reports. The so-called red dwarf star appeared to be the point of
Tropical Storm Thinks It’s A ‘Don’ … But Forecasters Say It Is Expected To Fizzle As It Hits The Region
MIAMI — Tropical Storm Don has formed in the Caribbean Sea, the National Hurricane Center reported Monday evening. Tropical storm watches and warnings have been posted for several Caribbean islands, including Barbados, Grenada and St. Lucia. Heavy rains and flash flooding are possible on some of the islands. As of 8