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Gov. Albert Bryan Jr. discusses his administration's priorities toward reducing property and homelessness during a meeting with members of the Virgin Islands Interagency Council on Homelessness Tuesday in Government House on St. Croix. (Government House photo)

Despite ‘Colossal Setback’ of COVID-19, Governor Expresses Hope for V.I.’s Economy

While the V.I.'s financial woes are enough to keep any leader up at night, Gov. Albert Bryan Jr. is confident that when the pandemic eases the territory will be poised for a comeback.
Gov. Albert Bryan Jr. (Source photo by Shaun A. Pennington)

Gov. Bryan Says He Weighs Reopening the Economy Against Virus Risks Daily

Finding the balance between reviving the economy and public safety is a delicate one, Governor Albert Bryan Jr. said in a recent interview with the Source.

Finance Committee OKs New Special Tax Break Zone for STX

Lawmakers say they want to diversify the Virgin Islands economy by pushing forward a bill that will designate 3,000 acres on the south shore of St. Croix as an enterprise zone.
(Shutterstock image)

Pandemic Economics: How bad Is It?

When asked to estimate the impact of the novel coronavirus on the V.I. government’s revenues, Bureau of Internal Revenue Director Joel Lee said they could not give a firm projection “because this has never happened before.”

COVID-19 Costing V.I. Tourism Tens of Millions

Tens of millions of dollars in revenue for the Virgin Islands are practically up in smoke as the COVID-19 pandemic forced cruise ship cancellations, a ban on hotel stays and a stay-at-home order that all but cut off the territory’s lifeblood: tourism.
Gov. Albert Bryan Jr. delivers his State of the Territory address. (Photo by Alvin D. Burke Jr.)

State of the Territory: Bryan Says Good News Is Starting to Outweigh Bad

After a year of “trials and triumphs,” Gov. Albert Bryan Jr. said the “state of our territory is on the mend” because of the focus his administration has put into three key mandates: stabilizing the government to rebuild pubic trust, recovery and rebuilding efforts and laying a solid foundation to restore the economy.
Chart shows the change in Real GDP for the U.S> Virgin Islands.

USVI’s GDP Grew Slightly in 2018 After 2017 Decline

Real Gross Domestic Product for the U.S. Virgin Islands grew 1.5 percent in 2018 after decreasing 0.6 percent in 2017, according to numbers released Tuesday by the V.I. Bureau of Economic Research.
The GERS office on St. Thomas.

GERS Takes Control of Havensight Mall, Cuts Out WICO

The Government Employees' Retirement System governing board voted to not renew the West Indian Company's management agreement for Havensight Mall.
Priscilla Laurent, right, and Raevah Matthew were two of nine women in Limetree Bay Refining’s first Basic Operator Training Class. Overall, the entire group comprises of 35 trainees. They graduated Monday in a short ceremony held at the Limetree Bay cafeteria. (Source photo by Wyndi Ambrose)

Defying the Odds: Limetree Women Stand Out in STEM Field

Limetree Bay Refining celebrated 35 graduates – all Virgin Islanders – from its first Basic Operator Training Class. Nine were women. That’s about 26 percent, or a little more than a quarter, which almost mirrors the national statistics on women working in STEM fields.
A crowd of 100 attendees listen to presentations give about Airbnb hosting in the territory. (Source photo by Bethaney Lee)

Airbnb Guests Stay Longer, Spend More Than USVI Cruise or Hotel Guests

Hosts of Airbnb rental properties in the territory help spur tourism in the Virgin Island's by lodging guests who stay longer and spend more, according to figures presented by Airbnb representatives.

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Ayesha Morris speaks with Conch Shell Media’s DaraMonifah® Cooper about the upcoming 15th Annual Dollar fo’ Dollar Culture & History Tour. The virtual event takes place Saturday, September 26th, 2020 from 10:00 a.m. – 12:00 p.m. via WUVI Radio’s Zoom and can be viewed live on the Dollar fo’ Dollar Facebook page ... See MoreSee Less

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