Business News – Page 258 – Virgin Islands Free Press

PUERTO RICO: $115 Billion In Damage From Hurricane Maria … Mass Population Exodus And 10 Years Of Economic Misery Expected

HARD TIMES AHEAD: Puerto Rico is expected to experience an economic downturn for the next 10 years as a result of Hurricane Maria. SAN JUAN — Puerto Rico could face…

VI Free Press November 17, 2017

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YO HO HO HURRICANE RELIEF: Virgin Islands and Puerto Rico Might Get A Rum Tax Break … And The U.S. Congress Could Make It Even Bigger

WASHINGTON -- A shot of rum to help the Virgin Islands and Puerto Rico? So says the U.S. tax code, which since 1917 has included a provision that sends taxpayer money…

John McCarthy November 16, 2017

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PUBLIC NOTICE: Limetree Bay Terminals Applies To U.S. Army Corps of Engineers To Expand Its Marine Operations In St. Croix

CHRISTIANSTED — Limetree Bay Terminals LLC has applied to the federal government to grant them permission to expand their St. Croix marine operations, the Virgin Islands Free Press has learned.…

John McCarthy November 16, 2017

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STOLEN THUNDER! Puerto Rico’s Governor Asks For Its Billions Ahead of Sleepy Mapp … Who Headed For The Bar At His Five-Star Hotel As Soon As He Got To D.C.

[ad name="HTML-68"] WASHINGTON — Puerto Rico’s governor got the jump on the territory on Monday when asked the federal government for $94.4 billion ahead of the Virgin Islands. Gov. Ricardo Rossello…

John McCarthy November 14, 2017

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V.I. GOP TO CONGRESS: Don’t Write A Blank Check To Gov. ‘Sticky Fingers’ Mapp and The Virgin Islands Government

[ad name="HTML-68"] WASHINGTON — Republican leaders from the U.S. territory of the Virgin Islands are in the nation’s capital this week telling the White House and Congress not to write…

John McCarthy November 14, 2017

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Adopt-A-Family, Formed On TV Show, Now Sending Thousands of Aid Packages To The Virgin Islands and Puerto Rico

[ad name="HTML-68"] NEW YORK -- Two strangers who met on social media joined forces to create a program that is now sending thousands of packages of much-needed supplies to hurricane…

John McCarthy November 14, 2017

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REPORT: Whitefish Energy Billed Puerto Rico $319 Her Hour Per Linemen — Then Paid Them $63 Per Hour

SMELL TEST: Experts in the field said Whitefish significantly over-inflated its fees, almost 17 times the average salary of Puerto Rico-based linemen. [ad name="HTML-68"] SAN JUAN -- The Montana energy…

John McCarthy November 13, 2017

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CONGRESS: After Visit To St. Croix, We Stand Ready To Help The Virgin Islands Overcome The Damage From Hurricanes Irma and Maria

WASHINGTON -- WE RECENTLY LED a bipartisan congressional delegation to the U.S. Virgin Islands, Puerto Rico and the Florida Keys to survey the damage caused by hurricanes Irma and Maria…

VI Free Press November 13, 2017

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Conference in Germany To Examine What Role Climate Change Played In This Season’s Hurricanes

BONN -- A delegation from the Caribbean Development Bank (CDB) has arrived at the United Nations Climate Change Conference (COP23) in Germany. While at the event, which runs until November…

John McCarthy November 13, 2017

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MAPP TO CONGRESS: $7.5 Billion Should Keep Me In Beer and Wine Money Until The End of My First Term In December 2018

CHARLOTTE AMALIE – The cost to rebuild the Virgin Islands’ infrastructure after last month’s devastating Category 5 hurricanes is estimated at $7.5 billion dollars, Gov. Kenneth Mapp said. In a letter forwarded…

John McCarthy November 12, 2017