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Your business and economy news reporter from the British Virgin Islands

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Last update: 6 hours ago

Rare Earth Security Crackdown: Australia’s Treasurer Jim Chalmers ordered six shareholders in Northern Minerals to divest within two weeks, citing national security concerns tied to China-linked ownership—another escalation after a 2024 divestment order and a court fight over alleged workarounds; the Browns Range project is aimed at dysprosium and terbium for magnets used in EVs and defense. Local Governance & Community: In the VI, UVI held St. Croix commencement celebrations, while the territory prepares to deploy the first batch of 200+ summer apprentices across public and private sectors. Disaster Response: NODS is assessing damages after a 6.4 quake hit Antigua and Barbuda, with reports reaching neighboring territories including the BVI. Public Safety Outreach: RVIPF plans a “non-enforcement” community policing meet-and-greet on May 29 in East End. Sports & Tourism Pulse: The VI is in the semis of the first-ever 3X3 ANOECS U23 tournament, and the BVI is projecting a record 52 cruise calls this summer.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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Australia forces Chinese companies to divest from rare earths miner, a security overreach harming investment and supply chains: Chinese expert says

Australia forces Chinese companies to divest from rare earths miner, a security overreach harming investment and supply chains: Chinese expert says

‘We did not disregard Constitution Review Commission recommendations'- Premier Wheatley

‘We did not disregard Constitution Review Commission recommendations'- Premier Wheatley

Global Millennial Capital Moves Boldly as It Closes $100M Fund to Back Late-Stage Tech Firms Eyeing IPOs While Operating Between Boston and British Virgin Islands

Global Millennial Capital Moves Boldly as It Closes $100M Fund to Back Late-Stage Tech Firms Eyeing IPOs While Operating Between Boston and British Virgin Islands


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4 hours ago

Brazilian Rare Earths’ Amargosa Bauxite-Gallium Project to Be Demerged as Alurion Resources Limited

GlobeNewswire, Inc.

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5 hours ago

AFX Launches Sovereign Layer 1, Providing an Optimized Execution Environment for On-chain Perp DEXes

GlobeNewswire, Inc.

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5 hours ago

Mugen Launches Cybersecurity Practice for Web3 Foundations and Token Issuers

EIN Presswire

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May. 12, 2026

Mexico and Brazil among most complex jurisdictions to do business in, says the 2026 GBCI

GlobeNewswire, Inc.

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May. 12, 2026

Hong Kong and New Zealand among the 10 easiest jurisdictions to do business in, says the GBCI 2026

GlobeNewswire, Inc.

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May. 12, 2026

The UK is the 12th easiest jurisdiction to do business in, says the Global Business Complexity Index 2026

GlobeNewswire, Inc.

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