Head of the Financial Institutions Supervisory Division of the Bank of Jamaica (BOJ), Dr Jide Lewis, says stakeholder discussions are underway to establish a regulated local cryptocurrency system here. Central Bank Digital Currency (CBDC) or cryptocurrency can be used to purchase goods and services. Examples include Bitcoin and Ethereum, which are the most popular versions … Continued
Jamacia’s government will cover the required medical expenses in the event of an adverse reaction to AstraZeneca’s COVID-19 vaccine. That’s according to Minister of Health and Wellness, Dr Christopher Tufton. Speaking at the COVID-19 online media briefing Thursday, Tufton said, while the government has granted indemnity to manufacturers AstraZeneca, it is making plans to protect … Continued
Governor Albert Bryan announced Monday that the territory received $21 million from the federal government “to help people in distress with their (residential) rent. “The money is designed to help pay your landlord,” Mr. Bryan stated while speaking during the administration’s weekly Covid-19 response update. Previously, Senator Marvin Blyden stated the total received to be $12 … Continued
IWITNESS NEWS St. Vincent and the Grenadines, on Saturday, recorded its fourth COVID-19 death, the second in three days. Dead is an 88-year-old male, a hypertensive patient was admitted to hospital on Jan. 28. The man died at 8:45 a.m. Saturday from sepsis secondary to COVID-19 pneumonia, the National Emergency Management Organisation (NEMO). Meanwhile, the … Continued
VI CONSORTIUM There will be a Virgin Islander on national TV in one of the premier games of the Women’s Basketball regular season slate, as St. Thomas native Aliyah Boston and No. 2/1 South Carolina (15-1) take on No. 3/No.5 Connecticut (12-1) on Fox Sports 1 at 8 p.m AST on Monday. Boston has been … Continued
VI CONSORTIUM Travel demand for the U.S. Virgin Islands remains strong, said the V.I. Dept. of Tourism Thursday, citing recent data in Condé Nast Traveler, a luxury and lifestyle media outlet. The data, from travel search site Kayak, reveal St. Thomas as the No. 1 destination where flight searches are recovering the fastest, according to … Continued
VI CONSORTIUM ST. JOHN —The V.I. Police Department said Friday it would shut down temporarily the Leander Jurgen Command Center located in Cruz Bay after a number of employees at the command center tested positive for Covid-19. The Friday announcement follows days of concern among St. John residents after it was learned that there was … Continued
VI CONSORTIUM The St. Croix Agriculture and Food Fair 2021 has been canceled because of the ongoing Covid-19 pandemic, announced the event’s board of directors Wednesday. The move, though somewhat expected, represents a blow to the St. Croix community, especially for participating vendors who look to the event as part of their annual revenue haul. … Continued
Canadian Imperial Bank of Commerce (“CIBC”) yesterday February 3rd, 2021 announced that the transaction that would have seen GNB Financial Group Limited acquire a majority stake in FirstCaribbean International Bank Limited (“FirstCaribbean”) will not proceed as the transaction did not receive approval from FirstCaribbean’s regulators. “While this transaction would have supported FirstCaribbean’s long-term growth prospects, … Continued
A manhunt for the presumed shooter was still under way across St James Sunday night in the wake of a spine-chilling murder of a bank executive as she prayed in church. Investigators theorise that the murder was part of a conspiracy hatched by family members over wealth left behind by the woman’s late husband, triggering … Continued
