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A two-day gathering of delegates from Government, the unions and private sector representatives to tackle Bermuda’s precarious economic situation began this morning. Premier Craig Cannonier warned the tripartite economic committee of a continued back...

Bermuda needs to relax its immigration policies and vastly improve the education level of locals if it is to remain competitive in the global job market, according to employment expert Doug Soares. He told Hamilton Rotarians that the Island needed to...

Government Senate Leader Michael Fahy has warned that Bermuda still faces tough economic challenges — and that the Island’s unemployment situation could get worse before it gets better. Wrapping up Wednesday’s debate in the upper chamber, the Home Af...

The value of goods imported to Bermuda grew in the second quarter. And residents accumulated foreign assets. These are two highlights from Bermuda’s Balance of Payments & International Investment Position report for the second quarter of 2013. The re...

There are many in Bermuda who claim that the PLP government squandered so much money in building up such a huge national debt of billions that it will take many decades, if ever, to repay. However, the current OBA government is considering “giving aw...

Under the United Nations Convention on the Law of the Sea, Bermuda has special rights over the exploration and use of the natural resources within our Exclusive Economic Zone …. our EEZ. This is essentially a circle around Bermuda with a 200 mile rad...

Citing the departure of thousands of expatriates, unemployment as high as 12 percent, and a sharp and extended slowdown in the property market, Standard & Poor’s lowered its ratings on HSBC Bermuda and Butterfield Bank, with negative outlooks. The in...

A clutch of Louis Vuitton handbags will soon be a financial lifesaver for cash-strapped fashionistas. For gold-buying firm Gold Standard is to expand its business — offering short term loans against designer gear, high-end watches and iPads. Gold Sta...

Major projects could be built in partnership with the private sector — and might help kick-start the economy, a top accountant said yesterday. And Malcolm Butterfield, a managing director at KPMG, added the public/private partnership (3P) model could...