The Bermuda Government will have to borrow another $125 million in the next fiscal year, adding to its $2 billion-plus of outstanding debts.
Of the $800 million that the Government borrowed less than two years ago to see it through multiple years of...
DATE: Feb 21, 2015 | CATEGORY: Other | AUTHOR: Jonathan Kent
One of the weaknesses of democracy is that it encourages our political leaders to shy away from taking politically difficult actions that would serve the interests of their country in the long term, but would cost them popularity with voters in the ...
DATE: Feb 21, 2015 | CATEGORY: Editorials | AUTHOR: RG: In our Opinion
Glimpses of recovery can be seen in the Budget, according to Bob Richards, Minister of Finance, who characterised the latest Budget as part of a multi-year national recovery plan. Mr Richards got applause from colleagues when he told MPs that the cur...
DATE: Feb 20, 2015 | CATEGORY: Other | AUTHOR: Jonathan Bell
Merger-mania in the international business sector could cost jobs in Bermuda, Finance Minister Bob Richards warned yesterday.
Mr Richards said that companies in the field remained strong, but that spending by international business on the Island had ...
DATE: Feb 20, 2015 | CATEGORY: Other | AUTHOR: Raymond Hainey, Assistant News Editor
Energy feeds into almost everything we do or have. It is a vital building block for growth and our modern economy would not exist if not for it. Some historians even surmise that cheap energy was one of the most important factors that helped propel t...
Those who don’t know history are doomed to repeatedly miss its opportunities.
In Bermuda’s case, our general lack of familiarity with our Island’s long story has repeatedly undercut efforts to put the Island on the map as a cultural tourism destinati...
DATE: Feb 05, 2015 | CATEGORY: Editorials | AUTHOR: RG: In our Opinion
The arrival of three United States historical groups later this year to mark the 240th anniversary of the Bermuda Gunpowder Plot will benefit the Island’s charities.
Members of Sons of the American Revolution, Daughters of the American Revolution, an...
Scores of American visitors are expected to descend on St George’s to mark the 240th anniversary of the Bermuda Gunpowder Plot this year.
Members of Sons and Daughters of the American Revolution have held talks with people on the Island and have conf...
The Bermuda Trade Union Congress (BTUC) and its members should reconsider the question of whether to agree to one furlough day per month or make some compromise related to the number of furlough days to be considered by its members.
The trouble Ber...
A Pembroke mother woke up yesterday morning with no food in the cupboard to feed her three children — one of whom is a baby — and no money with which to buy desperately needed groceries.
O’Keisha Clarke lives with her three children in a bright, fair...
DATE: Jan 23, 2015 | CATEGORY: Other | AUTHOR: Rebecca Zuill