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"Growth in new companies “contribute little” to Bermuda’s economy — Economist Intelligence Unit"

by Rebecca Zuill The Economist Intelligence Unit (EIU) reported today that the growth in Bermuda’s new international companies are primarily investment holding companies “which contribute little to the local economy in terms of employment or governme...

Aug 22, 2013

Opinion Writer

"It’s the net that matters — not necessarily the desire for fish"

I recently watched an online video commentary by Brian Wesbury at First Trust on basic economics (links to the videos below). What struck me about these pieces was their elegant simplicity in summarising what many would consider complex economic aspe...

Aug 19, 2013

Economy

"No economic growth before next year"

Government debt continues on an easy uphill climb, revenues were weaker than expected last year and the economy is limping along, according to the latest Government report. But the Finance Ministry manages a glimmer of optimism in its just released f...

Aug 19, 2013

Other

"Together, we can find a solution"

By Don Mackenzie Member, The SAGE Commission Bermudians Own Our Public Debt In response to the SAGE Commission’s interim report released in July, one blogger asked why the Commission had included a graph showing the debt per working Bermudian. The bl...

Aug 08, 2013

Letters to the Editor

"A cumbersome machine"

August 5, 2013 Dear Sir, The interim report of the SAGE Commission, whilst welcomed, is worrying on a number of levels. Most striking was the admission that the Government doesn’t actually know how many people are on its payroll (I phrase that delibe...

Aug 08, 2013

Politics

"Deadline for SAGE submissions extended by one week"

The deadline for submissions to the SAGE Commission Awards Programme has been extended by one week from July 31 to Wednesday, August 7. To date, 284 submissions have been sent in through the commission’s website at www.sagecommission.bm. Commission C...

Jul 31, 2013

Budget

"Furbert defends cost cutting agreement with Govt"

Bermuda Industrial Union President Chris Furbert has defended the cost cutting agreement made between Government and its employees and criticised members who complained to the media about the deal, saying their concerns should have been taken up inte...

Jul 30, 2013

Budget

"Commission will meet with union rank and file"

The SAGE Commission intends to hold meetings with rank and file public sector workers before writing their final report. Bermuda Industrial Union President Chris Furbert told a press conference yesterday that his union was concerned that SAGE had hel...

Jul 30, 2013

Other

"Barnett: Austerity is not the answer status is"

$46,138. That is what every man, woman and child owes based on the 2010 Census Report of 50,565 Bermudians, divided by our estimated National Debt (at the end of March 2014). Currently the gap between what Bermuda pays out and what it receives back, ...

Jul 18, 2013

Local Business

"We appreciate the support of the UK Governor and the US Consul — Premier Craig Cannonier"

Premier Craig Cannonier said he “very much appreciated” Governor George Fergusson urging insurance and reinsurance professionals to promote the value of their industry, and Consul General Robert Settje’s offer of help in building a stronger Bermuda e...

Jun 29, 2013

Local Business

"Shifting gears: Investors positive about Bermuda again, Richards says"

Overseas investors have great interest in putting their money into Bermuda, Finance Minister Bob Richards told an audience of accountants yesterday. Speaking at the Fairmont Hamilton Princess at the Institute of Chartered Accountants annual general m...

Jun 28, 2013

Other

"US wants strong Bermuda economy"

US Consul General Robert Settje told Insurance Day Summit Bermuda conference attenders that he wants to hear from the insurance and reinsurance industries about their ideas to build the Bermuda economy. Both Mr Settje and the Governor George Fergusso...

Jun 27, 2013

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Economy (general)

"Growth in new companies “contribute little” to Bermuda’s economy — Economist Intelligence Unit"

"It’s the net that matters — not necessarily the desire for fish"

"No economic growth before next year"

"Together, we can find a solution"

"A cumbersome machine"

"Deadline for SAGE submissions extended by one week"

"Furbert defends cost cutting agreement with Govt"

"Commission will meet with union rank and file"

"Barnett: Austerity is not the answer status is"

"We appreciate the support of the UK Governor and the US Consul — Premier Craig Cannonier"

"Shifting gears: Investors positive about Bermuda again, Richards says"

"US wants strong Bermuda economy"

"Commission will meet with union rank and file"

"We appreciate the support of the UK Governor and the US Consul — Premier Craig Cannonier"

"US wants strong Bermuda economy"