Local News
Virgin Islands Receives US$552,297 Payout from CCRIF for Tropical Storm Philippe Recovery
In a crucial step towards rebuilding and recovery efforts in the aftermath of the devastating Tropical Storm Philippe, the Government of the Virgin Islands has secured a substantial financial boost.
A payout of US$552,297 has been received from the Caribbean Catastrophe Risk Insurance Facility (CCRIF), marking the first such disbursement since the Territory’s affiliation with CCRIF in 2018.
The destructive passage of Tropical Storm Philippe on October 4 left a trail of destruction in its wake, causing extensive damage to homes, businesses, infrastructure, and agriculture within the Territory. The payout was initiated under CCRIF’s excess rainfall policy, providing much-needed assistance to the Virgin Islands during these challenging times.
Premier and Minister of Finance, Honourable Dr. Natalio Wheatley, expressed his gratitude on behalf of the Government and the people of the Virgin Islands for the prompt and essential financial support from CCRIF. This financial infusion aligns with the established agreement and will play a crucial role in expediting the recovery and reconstruction efforts that the Territory so urgently requires.
Premier Wheatley stated, “This payout will enable us to address some of the most urgent needs of our people and restore some normalcy to our islands.” Indeed, the importance of this financial aid cannot be understated, as it will facilitate the initiation of critical recovery projects and help the community regain stability.
Recognizing the substantial financial commitments necessary for the recovery process, Premier Wheatley announced the issuance of a Contingency Warrant in the amount of $500,000 to the Public Works Department. This additional financial support, distinct from the insurance payout, will be instrumental in furthering the recovery and rebuilding of the Territory, mitigating the financial gap created by the damages caused by Tropical Storm Philippe.
In his statements, Premier Wheatley commended his government’s foresight in securing an insurance policy of this nature. The strategic decision to join CCRIF and secure the excess rainfall policy has proven vital in bridging the financial gap during these challenging times. It is a testament to the government’s commitment to the well-being of the Virgin Islands and its unwavering dedication to fostering resilience and recovery in the face of adversity.
Education
Former Legislator Dr Kedrick Pickering Becomes International Best-Selling Author with New Book
Dr Kedrick Pickering, former legislator and renowned obstetrician, has achieved international recognition with the release of his book, Walk in Faith & Medicine: Daily Lessons & Insights from a Doctor’s Handwritten Journal. Published on December 12, the 139-page Kindle edition has swiftly become the number one New Release in Obstetrics & Gynaecology on Amazon, earning Dr Pickering a place among Amazon’s International Best Sellers.
Walk in Faith & Medicine provides readers with a deeply personal account of Dr Pickering’s tenure as the only Obstetrician and Gynaecologist in the British Virgin Islands for nearly three decades. The book intricately weaves his medical experiences with his spiritual reflections, offering profound insights into the challenges of practising medicine in a setting where resources were often limited, but faith and resilience were abundant.
Through heartfelt anecdotes, Dr Pickering recounts the joys and struggles of his career, from the miracle of delivering life under difficult circumstances to the strength he found in spirituality when faced with adversity. Each chapter sheds light on the delicate balance between clinical expertise and moral contemplation.
The book’s release has received widespread acclaim, resonating with audiences in both medical and spiritual communities. Its success highlights Dr Pickering’s unique ability to capture the human side of healthcare while addressing universal themes of faith and hope.
Walk in Faith & Medicine is available exclusively as a Kindle edition and is already being hailed as an inspirational must-read.
Entertainment
FCCA Spreads Holiday Cheer in the British Virgin Islands with Christmas Gift Donation
The Florida-Caribbean Cruise Association (FCCA) brought smiles to the faces of over 100 children in the British Virgin Islands with a generous donation of Christmas gifts. The initiative, held on December 16, was a collaborative effort between the FCCA, the Government of the Virgin Islands, and the Youth Empowerment Project (YEP).
The festivities took place at YEP Headquarters in East End, where children were treated to a festive celebration. Staff from the MSC Virtuosa Cruise Ship donned Santa Claus and other character costumes, adding to the magic of the occasion. The event also received sponsorship from Diamond International.
Premier and Minister of Finance Hon. Dr. Natalio D. Wheatley expressed his gratitude for the FCCA’s ongoing commitment to the Virgin Islands community. “The leadership of the FCCA is a thoughtful group of individuals. For more than two decades, their gift-giving has brought smiles and filled hearts with joy and hope during this special time of year,” said Premier Wheatley. “On behalf of the Government of the Virgin Islands, I extend our sincere thanks to the FCCA and their co-sponsors for their generosity.”
Minister for Ports Hon. Kye M. Rymer highlighted the FCCA’s enduring partnership with the territory. “Their commitment to gift-giving for over 20 years deserves our acknowledgment,” said Rymer. He also commended the BVI Ports Authority for its collaboration with the FCCA in supporting such initiatives.
Director of YEP Hon. Stacy Mather shared his appreciation for the FCCA’s efforts. “This marks our second time receiving gifts from this initiative. We are incredibly fortunate and grateful for this generosity,” he said. “Thanks to the kindness of FCCA, Diamond International, and others, our Christmas celebrations begin a little earlier.”
The event was moderated by Deputy Secretary in the Ministry of Communications and Works, Ms. Haley Trott, and attended by Junior Minister for Tourism Hon. Luce Hodge-Smith, Deputy Director of YEP Ms. Bianca Dougan, and other community leaders.
Business
BVI Bank Association Warns Merchants Against Card Transaction Violations
As the festive season brings increased consumer activity, the British Virgin Islands Bank Association (BVIBA) has issued a stern reminder to merchants across the territory regarding compliance with card transaction policies.
The association warns that imposing minimum spending requirements or charging additional fees for card payments is not only against their merchant agreements but also violates regulations established by major payment networks, VISA and Mastercard.
The advisory, issued on Wednesday, December 18, warns that merchants engaging in these practices are in breach of their contractual obligations with their respective financial institutions. “We request that all merchants immediately cease these practices to ensure compliance,” the statement read.
The BVIBA comprises several prominent financial institutions, including Bank of Asia (BVI) Limited, CIBC Caribbean, FirstBank PR, National Bank of the Virgin Islands, Popular, Republic Bank (BVI) Limited, and VP Bank (BVI) Limited.
For inquiries or guidance on compliance, the BVIBA advises merchants to contact their respective banks promptly.
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