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3rd Fuel Company confirmed; Petroleum dealers not happy.

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Petroleum Dealers on island are up in arms now that it has been confirmed that a third marketing company has entered the market. A little over one year ago, Senior Investigative Correspondent broke the story, and he now joins us in studio with a follow-up on that report.

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Former RBC employees stage sickout, affecting First National Operations island-wide

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The ink has barely dried on the First National Bank’s acquisition of RBC Royal Bank’s operations, and the financial institution is already facing what appears to be industrial action. Only two First National branches remained open Monday, as former RBC employees staged a sickout, primarily over unpaid terminal benefits. Senior Investigative Correspondent Miguel Fevrier has the details in this report.

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How does Saint Lucia recover from 2020’s Economic Windfall?

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In a May 20th report captioned “At our Worst”, Senior Political Correspondent Miguel Fevrier took a Comprehensive look at the ECCB’s Annual Economic & Financial Review for 2020, which concluded, among other things that Saint Lucia’s economy saw the greatest decline in 2020 among independent OECS territories. The report also predicted a small rebound for the economy in 2021. In this comprehensive follow-up Miguel sought the view Richard Peterkin, Partner at Grant Thornton Windward Islands.

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CIP REVENUE DROPS IN 2020, CHINESE TOP CERTIFIED CITIZEN LIST

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This year the government pocketed more than $28 million dollars from the sale of Saint Lucian citizenships via the Citizenship by Investment Program. Passport sale revenue has declined when compared to the $60 million netted in 2019. Chinese nationals again account for the majority of 2020’s granted citizenships. CIP certified citizens are eligible to apply for a Saint Lucian passport which boasts visa free access to more than 146 countries around the world.

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