AGP Executive Report
Last update: 9 minutes agoEnergy Reliability: WAPA says a planned overnight shutdown will de-energize Feeder 12, plunging parts of St. Thomas and all of St. John into darkness Wednesday night (Aug. 5, 11 p.m. to Aug. 6, 6 a.m.) to support the long-delayed $17M FEMA Feeder 13 Bypass Project. Water & Infrastructure: Repairs on the Hannah Hill reservoir are set to begin “shortly” after contractor Florida Aqua Store mobilizes Aug. 5; higher-elevation customers may see reduced water availability during rehabilitation. Trade & Business Services: The Virgin Islands Department of Trade opened a Virgin Gorda Satellite Office to bring licensing, National Business Bureau support, and consumer affairs services closer to the sister islands. Ports & Workforce: Ocean Point Terminals expanded its summer internship push, adding 15 students and a new placement partnership with the V.I. Legislature’s internship initiative. Legal/Finance (BVI): Mourant, a BVI-focused offshore firm, is taking private equity investment from MML Capital to fund tech, talent, and geographic expansion. Health/Antitrust (Regional): A coalition of 43 attorneys general announced a $400M settlement in principle with Sandoz over alleged generic drug price-fixing, with total payments estimated at about $469M. Tourism Environment: New research reports sargassum is now “self-sustaining,” with massive seaweed blooms smothering Caribbean and Gulf coastlines and threatening marine life and visitor demand.
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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Pseudo-journalism: Pink-slime
