NEW YORK (Bloomberg) — Google avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion in revenues into a Bermuda shell company, almost double the total from three years before, filings show.
By legally funneling profits fr...
This is the full text of the One Bermuda Alliance Leader Craig Cannonier’s Reply to the Throne Speech, which was scheduled to be delivered in the House of Assembly today:
Mr. Speaker, Honourable Members of the House of Assembly,
The people of Bermuda...
This is the full text of the Speech from the Throne read by Governor George Fergusson in the Cabinet grounds yesterday.
Madam President and Members of the Senate, Mr Speaker and Members of the House of Assembly, Bermuda, like many other countries, ...
The United States Securities and Exchange Commission released their Study Regarding Financial Literacy Among Investors in the United States that was mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. (See www.sec.gov f...
The following is the full text of the One Bermuda Alliance’s Reply to the Speech from the Throne, which was delivered in the House of Assembly yesterday by OBA Leader Craig Cannonier.
Mr Speaker, Honourable Members of the House of Assembly. It is a ...
This is the full text of the Reply to the Throne Speech, by the leader of the One Bermuda Alliance, Craig Cannonier.
Mr. Speaker, Honourable Members of the House of Assembly,
It is a privilege to stand before you this morning in this Honourable Hous...
Wireless digital TV provider WOW has moved to “distance itself” from a long-running dispute that could see Bermuda CableVision dump ZBM/CBS and ZFB/ABC from its line-up by the end of the year because it doesn’t want to pay Bermuda Broadcasting to inc...
PARIS (Bloomberg) The US and Japan must set out plans to reduce their budget deficits as the global economy expands, the Organisation for Economic Cooperation and Development said.
The budgetary efforts needed to “merely stabilise debt are substantia...
Bermuda, like any western liberal democracy and capitalistic economic system, has the inherent and perennial antagonism of a clash between the entrepreneurial class and the labour or working class. To prosper, the capitalists increase prices, particu...
DATE: May 10, 2011 | CATEGORY: Other | AUTHOR: Phil Perinchief
April 25, 2011
Dear Sir,
I write in response to the piece on the front page of today’s Gazette regarding the underfunded status of the pension fund.
It is true that the pension fund, despite very good investment gains most recently, is seriously unde...
DATE: Apr 27, 2011 | CATEGORY: Letters to the Editor |