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November 12, 2011 Dear Sir, There seems to be a paralysis and an apathy on this lovely little island that is almost stifling, a total reluctance to address the wrongs of the past which pervade the very core of this Island’s integrity. It could be one...

Bermuda’s AA+ credit rating has been affirmed by Fitch Ratings, which expects the Island to see “mild economic expansion” in both of the next two years. But the rating agency said a smaller public debt burden was “desirable” for a country with Bermud...

The annual rate of inflation crept up to 2.6 percent in September, driven by a sharp increase in fuel and power costs. The Consumer Price Index, published yesterday by the Department of Statistics, showed that the rate of increase in the cost of livi...

Bermuda scores the same as the US and the UK under rating agency Standard & Poor’s’ measure of the risk in the Island’s banking industry. Yesterday, S&P said it was assigning its Banking Industry Country Risk Assessment (BICRA) on Bermuda at group 3....

Premier Paula Cox has urged people to become entrepreneurs rather than “crying into their milk” over the economic downturn. Ms Cox, who is also Finance Minister, is calling on people to make the most of innovative business opportunities to “navigate ...

Wages are continuing to rise in Bermuda and non-Bermudians are earning considerably more than locals. Government’s Labour Market Indicators, published yesterday, shows that the median gross earnings were $57,915 in late August last year, up 2.6 perce...

Being smarter consumers and support local businesses was the focus for Consumer Week which is being held this week. Economy, Trade and Industry Minister Kim Wilson spoke at an presentation held at the Chamber of Commerce board room on Wednesday night...