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AGP Executive Report

Last update: 3 hours ago

Government Finance: Premier Natalio Wheatley says the VI government’s investment portfolios grew by US$2.89M from 2021–2026, while addressing a US$2.4M Delta Capital Partners investment made without required ministerial approval. Public Accountability: Wheatley ordered investigations by the Financial Investigation Agency and Internal Audit, and says recovery efforts are underway if funds can be recovered. Port Costs: BVIPA’s temporary port fee reductions ended July 31; wharfage and container handling fees return to standard rates effective Aug. 1. Cost of Living Support: VI pensioners will receive a 2.57% COLA plus a $460.44 monthly Minimum Expenditure Basket allowance, with new payments starting Aug. 31 and arrears later. Safety & Crime: Acting Interim CoP Richard Ullger urged public help as police press to solve two 2026 murders, calling each death “one life too many.” Marine Jobs Pipeline: A marine workshop in Tortola urged students to start career pathways in high school to build experience for the charter and wider marine sector. Tourism Demand Signals: New CTO data points to strong cruise growth, with the USVI, Puerto Rico and the BVI among the fastest-growing destinations. Contraband Watch: Customs intercepted suspected cannabis at the Road Town Ferry Dock (about 80g reported), with no arrests announced yet. Local Politics: Opposition Leader Marlon Penn criticized East End delays and called for more equitable development through RDA reforms. Elections: Levor A.H. Lettsome entered the VI general election as an at-large candidate under the Virgin Islands Innovative Association. Marine Environment: Seaweed sargassum is smothering beaches across the Caribbean and Gulf of Mexico, raising concerns for tourism and marine life.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

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40 minutes ago

TTW ranks Mexico No. 1 in 2026 Americas and Caribbean beach list

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Jul. 27, 2026

1st Capital Group expands foreign national DSCR financing

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Best Beach Bars tops 1,200 listings and launches certification badge

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BRITISH VIRGIN ISLANDS-FINANCE – Wheatley orders  multiple  investigations into unauthorized government  investment

BRITISH VIRGIN ISLANDS-FINANCE – Wheatley orders multiple investigations into unauthorized government investment

Marine industry leader calls for early youth training in Virgin Islands

Marine industry leader calls for early youth training in Virgin Islands

Churches, Civic Groups and Residents to Unite at Point Udall Aug. 8 to “Pray Over the Virgin Islands”

Churches, Civic Groups and Residents to Unite at Point Udall Aug. 8 to “Pray Over the Virgin Islands”

After Irma, the US Virgin Islands turns home batteries into a virtual power plant

After Irma, the US Virgin Islands turns home batteries into a virtual power plant


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Jul. 31, 2026

Trade Directly In Browser: JustMarkets Launches Its Web Terminal

EIN Presswire

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Jul. 31, 2026

Nasdaq.com has corrected Alpha Compute’s Total Outstanding Share Count to reflect accurate data and market capitalization

GlobeNewswire, Inc.

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Jul. 30, 2026

Soulpower Acquisition Corporation (NYSE:SOUL) and SWB Holdings Announce BVI Court Approval in Connection with Bank of Asia (BVI) Transaction

GlobeNewswire, Inc.

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40 minutes ago

TTW Unveils the Top 30 Beach Travel Destinations in the Americas and Caribbean for 2026

EIN Presswire

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Jul. 27, 2026

1st Capital Group Announces Expanded Foreign National DSCR Financing Through Correspondent Lending Channel

EIN Presswire

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Jul. 20, 2026

HUD Halts Funding for Virgin Islands Housing Finance Authority for Mismanagement of Billions

U.S. Department of Housing and Urban Development

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