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At VIFreepBusiness NewsSt. Croix News

By GEORGE JOHNSON/VIFreep Ombudsman CHRISTIANSTED – The publisher of the Virgin Islands Free Press said today that he is proud to announce that the territory’s most savvy, exciting and truthful online newspaper’s first advertiser is Amazon.com. John McCarthy, a trusted journalist in the Virgin Islands since 1989 who has worked

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At VIFreepBreaking NewsBritish Virgin Islands NewsBusiness News

ROAD TOWN, Tortola, BVI — A United States probe into the Swiss banking system has revealed that a prominent bank – headed by a man whose family is famous for winemaking – has used the British Virgin Islands’ lax income reporting laws to bilk the American people out of billions in tax

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At VIFreepBritish Virgin Islands NewsBusiness NewsCaribbean News

  Attorneys representing Malaysian Prime Minister Najib Razak threatened to take legal action against the Wall Street Journal over allegations of corruption, and claimed that the report was part of a plot against him. Najib has been accused of siphoning off $700 million from a state-controlled investment fund into his

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At VIFreepBusiness NewsCaribbean NewsSt. Croix News

  The nation could be capable of sending 2.4 million barrels a day overseas by 2025 if the ban is lifted The United States will become one of the world’s largest oil exporters if domestic production continues to surge and policymakers lift a four-decade ban that keeps most crude from leaving

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At VIFreepBusiness NewsSt. Croix News

While one can debate the reasons for the Organization of Petroleum Exporting Countries’ decision in November to continue flooding the oil markets, the fact is that this is squeezing many U.S. shale oil producers out of business. Oil prices have dropped by 50% in the past six months, and crude

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At VIFreepBritish Virgin Islands NewsBusiness NewsCaribbean News

A story is told of a visit by an African Minister for Health to a Latin American country. On being met at the airport by his counterpart, he was invited into a customised private chopper. Curiously, the African minister enquired from his host as they were airborne: “You must be

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At VIFreepBusiness NewsCaribbean NewsTourism News

  MARGARITA ISLAND, Venezuela, July 5, 2015 /PRNewswire/ — Leading Caribbean booking website Caribbean Winds has once again increased its hotel offerings, giving sun worshippers and water sports enthusiasts even more slices of paradise to choose from than ever before. Inspired by CEO Paul Caswell’s passion for the region, Caribbean

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At VIFreepBusiness NewsCaribbean NewsTourism News

The tiny Caribbean island nation of Grenada, with a population near 100,000, may be a bond investor’s nightmare that could also point to a solution for sovereign nations drowning in debt. Bond holders, including one “vulture investor,” take a 50 percent haircut in sovereign debt Grenada, which was hit by

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At VIFreepBusiness NewsCaribbean News

For aspiring lawyer Christien Levine, police carding isn’t an abstract legal battle; as a person of Caribbean descent sensitive to racial profiling, it’s something he’s had to deal with his whole life. So instead of selling his services as a criminal defence lawyer, he’s giving them away free in the

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At VIFreepBritish Virgin Islands NewsBusiness NewsCaribbean News

  As the commercial used to say, “How do you think they got so rich?” Wal-Mart Stores Inc. owns more than $76 billion of assets through a web of units in offshore tax havens around the world, though you wouldn’t know it from reading the giant retailer’s annual report. A

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