152857 results returned for search: "" category "News"
Mr. Speaker and Honourable Members of the House of Assembly,
On the occasion of my first Budget Statement as Minister of Finance, it is clear that
Bermuda faces a daunting economic challenge in the months and years ahead. The Island
is experiencing i...
DATE: Feb 23, 2013
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CATEGORY:
Politics
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Education has been spared budget cuts, with $145 million set aside for the year ahead.
Bermuda Union of Teachers head Mike Charles gave this year’s Budget a passing grade.
“We need all we can get,” Mr Charles told The Royal Gazette.
The figures alloc...
DATE: Feb 23, 2013
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CATEGORY:
Other
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AUTHOR:
Jonathan Bell
A fifth year of recession is officially forecast by Government in the National Economic Report of Bermuda for 2012, released yesterday.
The Ministry of Finance estimated that Bermuda’s GDP will decline in the region of 1.5 to 0 percent this year and ...
DATE: Feb 23, 2013
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CATEGORY:
Other
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Part of Pitts Bay Road will be blocked to traffic this weekend as the tower crane at the Waterloo House construction site is removed.
Pitts Bay Road will be closed between Waterloo Lane and Woodbourne Avenue today from 6am until 7pm and between 6am a...
DATE: Feb 23, 2013
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CATEGORY:
Other
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A Pembroke man who interfered with a police search has been fined for obstructing an officer.
Magistrates’ Court heard that on Thursday, police had stopped an individual on Court Street for a search when 34-year-old Torray Gibbons approached one of t...
DATE: Feb 23, 2013
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CATEGORY:
Other
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AUTHOR:
Owain Johnston-Barnes
Trade unionists were reserved but sceptical in their reaction to the concept of “shared sacrifices” in the One Bermuda Alliance Government’s new fiscal plan for the year ahead.
Executives at the Bermuda Public Services Union (BPSU) and the Bermuda In...
DATE: Feb 23, 2013
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CATEGORY:
Other
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A panel of economic experts gave us their views on yesterday’s Budget.
Nathan Kowalski, CFO Anchor Investment Management
There are five themes that one could highlight from the Budget release:
1. There was a pervasive call for “unity” and “shared s...
DATE: Feb 23, 2013
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CATEGORY:
Other
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Three Pembroke residents yesterday denied charges of laundering almost $200,000 of drug money.
Erica Raynor, 40, Temiko Wilson, 25, and Travis Lowe, 20, were charged in Magistrates’ Court with knowingly concealing the proceeds of drug trafficking, or...
DATE: Feb 23, 2013
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CATEGORY:
Court
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AUTHOR:
Owain Johnston-Barnes
The Ministry of Public Safety will receive a one percent increase in its annual budget as it faces the challenge of increasing the number of police officers and enacting necessary security measures to reduce gun violence.
The largest chunk of the Min...
DATE: Feb 23, 2013
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CATEGORY:
Other
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Creating an economic environment in which entrepreneurs can thrive and job creation blossoms is key to driving the economy forward, according to Government.
And yesterday Finance Minister Bob Richards unveiled a number of measures including tax break...
DATE: Feb 23, 2013
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CATEGORY:
Other
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AUTHOR:
Gareth Finighan