Regional

PURCHASE OF SHARES IN FIRSTCARIBBEAN INTERNATIONAL BANK LIMITED BY GNB FINANCIAL GROUP LIMITED FROM CIBC WILL NOT PROCEED

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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

USVI RESIDENTS TO RECIEVE STIMULUS CHECKS IN THE SECOND WEEK OF FEBRUARY

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VI CONSORTIUM – The Bryan administration announced during its weekly Covid-19 press briefing Monday that the Bureau of Internal Revenue (B.I.R.) is expected to rollout the second round of CARES Act stimulus checks in the second week of February. Speaking during the briefing, Gov’t House Communications Director Richard Motta used slides to further explain the … Continued

US SUPPORTS GUYANA IN TERRITORIAL DISPUTE WITH VENEZUELA

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The US has condemned attempts by President Nicolás Maduro to recognise a disputed part of Guyanese territory as Venezuela’s. In a tweet on Sunday, Acting Assistant Secretary for US Department of State’s Bureau of Western Hemisphere Affairs, Michael Kozak said: “The US supports the International Court of Justice (ICJ) 12/18 ruling that it has jurisdiction … Continued

U.S. VIRGIN ISLANDS CONGRESSWOMAN SPEAKS OUT AGAINST U.S. CAPITOL BUILDING RIOTERS

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LOOPS – US Virgin Islands Congresswoman Stacey Plaskett has condemned yesterday’s storming of the US Capitol Building by supporters of outgoing President Donald Trump. Plaskett, who was in the Congress Chamber when the rioters breached security barriers in a bid to stop the certification of last November’s Presidential Election, posted on Twitter: “The democracy WILL … Continued

DEPT. OF HEALTH ANNOUNCES NEXT PHASE OF VACCINE ROLLOUT; 1,200 VIRGIN ISLANDERS TAKE INITIAL VACCINE DOSE

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VI CONSORTIUM The V.I. Department Health has announced the next phase of its vaccination initiative, which will include teachers, firefighters, police officers and grocery store workers, among others deemed essential to a functioning economy and are most exposed to the virus. The initial phase, which started on Dec. 16 and included clinical healthcare staff, residents … Continued

Vaccine and syringe injection It use for prevention, immunization and treatment from COVID-19

NEGATIVE COVID-19 TEST REQUIRED BEFORE TRAVEL TO USVI FROM JANUARY 18TH!

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Governor Albert Bryan said Thursday afternoon that beginning Jan. 18, no one will be allowed to enter the U.S. Virgin Islands via air travel without a negative Covid-19 test, an action he said is being undertaken in partnership with airlines. The governor referred to the move as “one more measure we think is going to … Continued

State officials assist visitors at the Daniel K. Inouye International Airport Thursday, Oct. 15, 2020, in Honolulu. A new pre-travel testing program will allow visitors who test negative for COVID-19 to come to Hawaii and avoid two weeks of mandatory quarantine goes into effect Thursday. The pandemic has caused a devastating downturn on Hawaii’s tourism-based economy. Coronavirus weary residents and struggling business owners in Hawaii will be watching closely as tourists begin to return to the islands. (AP Photo/Marco Garcia)