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Finance Minister Bob Richards has responded to criticism about the use of politically appointed consultants by Premier Craig Cannonier. At yesterday’s press conference, he said a review of consultants and contractors in the civil service is being con...

Government revenues plunged nearly ten percent in the third quarter of last year as the flagging economy continued to strangle the inflow of funds into the public coffers. But during the same July-through-September quarter, Government increased its c...

A researcher at the Bermuda Monetary Authority (BMA) says the global financial crisis has hit Bermuda harder than the rest of the world. Dr Marcelo Ramella is the deputy director of policy, research and risk at the BMA. He’s a CPA, has an MBA from t...

This is the second and final part in a series by Kevin Comeau on how Bermuda can best stimulate its economy In most countries, the businesses that are the main drivers of the economy usually don’t have the economic mobility to simply get up and leav...

This is the first in a two-part series by Kevin Comeau on how best to stimulate Bermuda’s economy The new OBA Government must now decide the best way to stimulate Bermuda’s struggling economy. This is obviously an important issue because if they can...

The One Bermuda Alliance said a warning from a local investment advisory firm that Bermuda is in line to join the list of countries whose members are facing severe debt crises as “disturbing”. However, the Progressive Labour Party suggested the repor...

December 6, 2012 Dear Sir, The Progressive Labour Party is bent on blaming others for the current state of the economy, even though they admit that there have been mistakes and corruption in the past including fiscal mismanagement with increased debt...

A leading local investment advisory firm has warned that Bermuda’s sovereign debt risk a measure of how well it is able to service its $1.4 billion government debt is worse than most industrial nations and the Island is “next in line” to join the Spa...