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We must eliminate economic inequality if we want to become a genuine society of equals, and build a truly free and egalitarian system

Since January, the US economy and stock markets have been hit by the perfect storm. The S&P 500 registered its worst half year since 1970 and the Dow Jones Industrial Average had its largest first-half decline since 1972. Russia’s invasion of Ukraine...

A freeze on gas prices is “unsustainable”, fuel companies have warned. A block on pump payment increases has been touted by David Burt, the Premier, as one of the Government’s flagship moves to try and limit the cost-of-living crisis. But fuel compan...

There is a consensus that the vulnerable in society should be cared for. This is true for children, people with disabilities and the elderly. That principle is the reason why Bermuda has a basic pension, funded through the Contributory Pension Fund,...

Bermuda’s work in developing a blue economy has been showcased during a weeklong UN Ocean Conference by the home affairs minster, Walter Roban. Mr Roban said the conference, which took place from June 26 to July 1 in Lisbon, Portugal, was “an excelle...

In the coming two to three years, Moody’s expects fiscal performance will be supported by the recovery in economic activities. Moody’s expects growth performance to regain momentum compared to previous years, supporting a gradual downward trajectory ...

A dedicated office has taken over oversight of the Government’s Economic Recovery Plan, the House of Assembly heard on Friday. The Government had announced last November they had hired professional services firm KPMG to serve as project managers for ...

Bermuda is in “a better financial position” than expected earlier in the year, the Premier, David Burt, told the House this morning. Mr Burt, who is also the Minister of Finance, said that when the Budget was presented in February, revenues for the c...

A shortage of properties is pushing up rental prices, with increases of as much as 30 per cent in the past 12 months, according to realtors. Digital nomads moving to Bermuda on one-year residency permits were one reason for the squeeze on the availab...

Inflation in the food sector is now running at about 8 per cent, a supermarket boss has warned. Zach Moniz, the manager of the Lindo's Group of Companies, said that the store, which has branches in Warwick and Devonshire, was doing all it could to ke...

The Covid-19 pandemic set women’s employment back by two years in Bermuda, a spokeswoman for UN Women said today. Tonni Brodber, from the UN Women’s Multi-Country Office, added that the pandemic demonstrated how “hazards exploit already-existing ineq...