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At VIFreepBreaking NewsBusiness NewsSt. Croix NewsSt. John NewsSt. Thomas NewsTerritorial Affairs

          BIR Director Marvin Pickering CHARLOTTE AMALIE – The hotel room tax will go up 2.5% next year, according to the Bureau of Internal Revenue. Hoteliers, time share developers and innkeepers will have to charge their guests a 12.5% tax effective January 1, 2016, the BIR said. The current rate is

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At VIFreepBreaking NewsBusiness NewsSt. Croix News

U.S. Bankruptcy Court Judge Mary Walrath CHRISTIANSTED – The terminal assets of the idled HOVENSA refining complex on the St. Croix will come up for auction in a U.S. Bankruptcy Court hearing on November 10, but a final sale is contingent on local government and legislative approval of an operating

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At VIFreepBreaking NewsBusiness NewsIrregularitiesSt. Croix News

Venezuelan Energy Minister Rafael Ramírez CARACAS – U.S. officials have launched an investigation to find out if Venezuela’s leaders used Petróleos de Venezuela (PDVSA), a state-owned oil and natural gas company, to embezzle billions of dollars through several schemes and kickbacks, the Wall Street Journal reported, citing sources familiar with the

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At VIFreepBusiness NewsCaribbean NewsSt. Croix NewsSt. John NewsSt. Thomas NewsTechnology News

MIAMI – The Caribbean Development Bank (CDB) and the Inter-American Development Bank (IDB) on Tuesday signed a multi-million-dollar loan and grant agreement dedicated to building out geothermal technologies in the six countries that are part of the Eastern Caribbean bloc. The funds, which will total $71.5 million, will be administered

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At VIFreepBreaking NewsBusiness NewsGovernment House NewsSt. Croix NewsSt. John NewsSt. Thomas News

                     Gov. Kenneth Mapp CHARLOTTE AMALIE – Gov. Kenneth Mapp forwarded a bill to the Legislature to provide for an appropriation of $550,000 for operating expenses from the general fund to the V.I. Taxicab Commission and for the implementation of mandatory continuing education for taxi and tour operators as a

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At VIFreepBreaking NewsBritish Virgin Islands NewsBusiness NewsPuerto Rico NewsSt. Croix NewsSt. John NewsSt. Thomas NewsTechnology News

MENLO PARK, Calif. – Facebook has introduced a feature that will warn users if their account is being targeted by state-sponsored hackers. Users will be notified if the social networking service has enough evidence to prove agencies like the GCHQ or NSA are compromising an account, and sent a message:

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At VIFreepBreaking NewsBusiness NewsCaribbean NewsSt. Croix News

ST. JOHN’S, Antigua – Venezuela signed an agreement this weekend with the government of Antigua and Barbuda to buy a 25 percent stake in the West Indies Oil Company (WIOC), Venezuela’s state petroleum company said. Petróleos de Venezuela South America (PDVSA) gave no financial details for the purchase of the stake

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At VIFreepBreaking NewsBusiness NewsGovernment House NewsSt. Croix News

Attorney General Claude Walker CHRISTIANSTED – The V.I. Attorney General has sued Hess Corporation for “illegal desertion” of the HOVENSA oil refinery and issued a subpoena to its partner, Venezuela´s state-owned Petróleos de Venezuela, South America (PDVSA), to explain its alleged role. The 350,000-barrels per day HOVENSA refinery was mothballed

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At VIFreepBreaking NewsBusiness NewsCaribbean NewsTerritorial Affairs

MIAMI — There could be some major changes to U.S. airline traffic between the United States and the Caribbean and Latin America. With a booming middle class in Latin America and a strong dollar, U.S. airlines are opening up more hubs to service the two regions in the coming years, according

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At VIFreepBusiness NewsSt. Thomas News

1st Stop Gas Station in Estate Thomas CHARLOTTE AMALIE – Nine service stations surveyed on St. Thomas are tied for having the lowest price of gasoline on the capital island, according to the latest survey of gas stations by the Department of Licensing and Consumer Affairs. The nine stations with

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