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Statement on Brexit by Premier Fahie Regarding the End of the Transition Period - British Virgin Islands London Office

Statement on Brexit by Premier Fahie Regarding the End of the Transition Period Statement on Brexit By Premier and Minister of Finance, Honourable Andrew A. Fahie regarding the End of the Transition Period 31 st December, 2020 Good Day and God’s Blessings to all the people of the Virgin Islands. As the transition period for the United Kingdom’s exit from the European Union comes to an end tonight, I wanted to take this opportunity to highlight a few of the implications of Brexit on the Virgin Islands, which are due to take effect from tomorrow, 1 st of January, 2021. Many will recall that the people of the United Kingdom voted to leave the European Union in June 2016 by a referendum. Today after four years of discussions, negotiations and uncertainty, the effects of this vote will begin to be felt.

UPDATE 1-Cuba says economy shrank 11% in 2020, thwarts soft coup attempts

Cuba's already cash-strapped economy shrank 11% in 2020 due to the pandemic and tougher U.S. sanctions but the government thwarted attempts by anti-communists to exploit this momentary weakness in a bid to topple it, President Miguel Diaz-Canel said on Thursday.

A Year in Review: 2020 Trends on Islands Worldwide

A Year in Review: 2020 Trends on Islands Worldwide As the year comes to a close, it is time to reflect on some of the positive initiatives that have been deployed by island communities around the world. Island economies have been some of the worst affected globally by the pandemic, with key industries such as tourism being particularly hard hit. However, many islands have also used their geography to their advantage, eradicating the COVID virus and even preventing it entering at all. Throughout 2020 island communities have shown a willingness to adapt to external shocks, and these four trends highlight global changes that could provide both challenges and opportunities.

South America hardest hit by Covid-19 economic fallout

South America hardest hit by Covid-19 economic fallout
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