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New indicators this week prove that the economy is still getting worse. To be sure, the Retail Sales Index for August edged up in nominal terms year over year for the first time in three years and any sign of improvement is welcome. But it fell in ...

Europe is experiencing “a slow motion run on sovereign debt” that will continue to deepen the Eurozone debt crisis without a policy reversal in the European Union. That is the view of credit analyst Roger Doig, of global investment house Schroders, w...

Retail sales increased year-over-year for the first time in nearly three years in August, Government statistics revealed yesterday. The Retail Sales Index figures showed $85 million was spent at local retail outlets, which represented a 0.1 percent i...

“I am a human being, not a commodity.” This was one of the many messages carried on placards by sober faced protesters who comprise the Occupy Wall Street movement. Thousands of Americans in Manhattan and growing numbers in other cities across the U...

Term limits are shaping up to be the first skirmish of the run-up to the next general election. Last week, the One Bermuda Alliance said that if it was Government it would freeze the policy for the next two years, as the Cayman Islands proposes to do...

Guest workers are “team mates,’ a top businessman stressed during a public debate on the economy. The forum, on Thursday, heard numerous complaints aired by Bermudians who feel excluded from local jobs and would like to see fewer expatriates on the I...

“Why can’t qualified young Bermudians get jobs, why are there so many foreign waitresses and why aren’t carpenters protected by stronger immigration rules?” Those were some of the questions posed by ordinary citizens as they grabbed the opportunity t...

The One Bermuda Alliance has outlined a raft of emergency measures aimed at turning the economy around, accusing Government of “running out of ideas and energy”. Shadow Finance Minister ET (Bob) Richards said yesterday that immediate steps need to be...

Making returning travellers pay more Customs duty at the airport might help Government raise money, but is unlikely to help local retailers, according to Bermuda residents. Duty for items declared by returning residents at the airport is to increase ...

Premier Paula Cox will be a guest speaker when Business Bermuda stages its Annual New York Financial Services Conference on Wednesday at the Harvard Club of New York. The Premier will be introduced by the Governor, Sir Richard Gozney. The conference...