Category: Business News

CUSTOMERS SAY: Liberty Mobile Is The Worst Long Distance Phone Service In The USVI!

CHARLOTTE AMALIE — “It stinks!” That’s what customers of Liberty Mobile in St. Thomas, St. Croix, St. John and Water Island think about the San Juan, Puerto Rico-based long distance telephone service. Liberty Mobile customers have complained about “drop zones” in St. Thomas and St. Croix where in process phone calls are dropped automatically when […]

Governor Bryan Presents $90 Million As First Installment From Bond Sale For GERS

Almost $600 million to be given to GERS through 2024 with $3.8 billion to be paid into the pension system over the next three decades CHARLOTTE AMALIE — Governor Albert Bryan today presented a check for almost $90 million to the Government Employees’ Retirement System (GERS) as the first installment of payments that will go […]

EPA To Begin Inspecting Underground Storage Tanks At Gas Stations On St. Croix Today

FREDERIKSTED — Commissioner Jean-Pierre Oriol of the Department of Planning and Natural Resources (DPNR) advises all Gas Station owners and/or operators of underground storage tanks that the U.S. Environmental Protection Agency (EPA), Region 2, will be conducting underground storage tank (UST) Inspections in the St. Croix District on or about the week of April 11, […]

Cuba Struggles To Buy Fuel As Imports From Venezuela Dwindle -Data Indicates

From The Thomson Reuters Trust HAVANA — Cuba is struggling to cover a fuel deficit as imports from Venezuela and other countries remain below historical levels and global prices boosted by Russia’s invasion of Ukraine make purchases almost unaffordable, according to analysts and data. The Caribbean country, which is dependent on fuel imports mostly from […]

Accounts Deceivable: Email Scam Costliest Type of Cybercrime

“The scammers are extremely well organized and law enforcement is not,” Sherry Williams told The Associated Press. RICHMOND, Virginia (AP) — A shopping spree in Beverly Hills, a luxury vacation in Mexico, a bank account that jumped from $299.77 to $1.4 million overnight. From the outside, it looked like Moe and Kateryna Abourched had won […]

A Third of Puerto Rico Remains in the Dark for the Second Day

SAN JUAN — More than a third of all homes and businesses in Puerto Rico remained without power on Friday, the second day of a massive outage on the island that may have been caused by a fire at a power plant. Some 500,000 of the 1.4 million homes and businesses in the U.S. territory […]

ONE LOVE? BVI’s ‘Green’ Tourism Campaign Is Making People Red In The Face

ROAD TOWN, Tortola — A change in the British Virgin Islands’ tourism slogan is starting to stir up controversy there. The BVI used to bill itself as “Nature’s Little Secrets.” But the islands of Tortola, Virgin Gorda, Anegada and Jost Van Dyke now consider themselves: “BVI Love.” The British Virgin Islands Tourist Board (BVITB) unveiled […]

Dominica-Flagged Cargo Ship Sinks In Ukrainian Port City After Russian Attack

ROSEAU — A Dominica-flagged cargo ship sank in the besieged southern Ukrainian port city of Mariupol after being targeted by Russian missile strikes, the vessel’s flag registry said. The Azburg was believed to have been without cargo and at berth in Mariupol when it was initially hit by two missiles on April 3, the Dominica […]

Key Agency Heads Will Update Residents on Recovery On ‘The Press Box’ Today

CHARLOTTE AMALIE — Office of Disaster Recovery Executive Director Adrienne Williams-Octalien; Public Works Commissioner Derek Gabriel; Chief Operations Officer of the Department of Education Dionne Wells-Hedrington and Sports, Parks and Recreation Commissioner Calvert White will give comprehensive updates on “The Press Box” at 5:30 p.m. today. The presentations will be made on the Government House Facebook […]

Governor Bryan Closes On Bond Sale To Stave Off GERS Insolvency

Matching Fund Special Purpose Securitization Corporation will use significant savings from refinance of Rum Cover-Over Bonds to provide long-term stability to retirement system WASHINGTON — During his trip this week to the nation’s capitol., Governor Albert Bryan signed documents to execute the sale of reissued Rum Cover-Over Bonds, creating significant savings in debt-service and interest […]