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U.S. Virgin Islands is nearing steps for its $5B pension shortfall

U.S. Virgin Islands is nearing steps for its $5B pension shortfall
bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.

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COVID-19 Morning Report

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Florida Breaks Records for COVID-19 Infections and Hospitalizations
On Saturday, July 31, Florida experienced the highest single-day total number of new COVID-19 infections since the start of the pandemic with more than 21,600 new cases. Florida has become the national epicenter of the pandemic, accounting for one in five new cases across the country.
On Sunday, Aug. 1, Florida broke another previous record, reporting the highest number of patients hospitalized with the coronavirus in a single day since the start of the pandemic more than a year ago.
The AP reports, data from the U.S. Department of Health and Human Services says 10,170 people in Florida are hospitalized with a primary diagnosis of COVID-19. ....

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U.S. Virgin Islands A Tourism Rebound Story In Caribbean — But Delta Variant A Threat

U.S. Virgin Islands A Tourism Rebound Story In Caribbean — But Delta Variant A Threat
wlrn.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wlrn.org Daily Mail and Mail on Sunday newspapers.

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U.S. Virgin Islands A Tourism Rebound Story In Caribbean — But Delta Variant A Threat

U.S. Virgin Islands A Tourism Rebound Story In Caribbean — But Delta Variant A Threat
usf.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usf.edu Daily Mail and Mail on Sunday newspapers.

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Troubled refinery bankrupt after EPA shutdown

Troubled refinery bankrupt after EPA shutdown
By
The Limetree Bay refinery in the U.S. Virgin Islands. Virgin Islands Think Tank/Facebook
The troubled Limetree Bay refinery has filed for bankruptcy, two months after EPA regulators invoked rarely used emergency powers to halt operations at the plant in the U.S. Virgin Islands.
Severe financial and regulatory constraints have left us no choice but to pursue this path, after careful consideration of all alternatives, Jeff Rinker, CEO of Limetree Bay Ventures LLC, said in a statement posted yesterday on the company’s website announcing the Chapter 11 reorganization.
That process provides Limetree with the clearest path to maximize the value of our estate for our stakeholders while safely preparing the refinery for an extended shutdown, Rinker said. The release added that Limetree Bay plans to use the breathing room provided by the Chapter 11 proceedings to evaluate options including a potential sale of its ....

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