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A One Bermuda Alliance government would remove the sugar tax and help to develop sectors that are particularly attractive to younger people, the party said today. Patricia Gordon-Pamplin, its finance spokeswoman, added that the OBA’s economic framewo...

Victory in the battle against Covid-19 is vital if the already battered economy is to recover from the pandemic’s financial impact, an economist said yesterday. Craig Simmons, a senior economics lecturer at Bermuda College, added that control of the ...

A Progressive Labour Party government would boost the economy with major public and private-sector building projects valued at more than $1 billion if it was re-elected, it said in its just-released platform. The PLP added it would use the proceeds o...

Policymakers are gambling that they will be able to pay back the large increases in national debt accrued in response to the Covid-19 pandemic. As Covid-19 brought economies to a standstill, many governments threw a lifeline to businesses and househo...

Readers may recall from The Royal Gazette of about two years ago the story of a Warwick resident who ran up a series of six-figure debts in the name of her four children — all of whom were under 12 years of age. According to the records of the Suprem...

Among the applicants seeking to live and work remotely from Bermuda for a year are chief executive officers and chief technology officers. And it is hoped that once they experience the island they will spread positive words about it to their social a...

Bermuda’s economy suffered from more than a decade of “anaemic performance” before the Covid-19 pandemic, but now there is an opportunity for it to move forward through a “bold reform agenda.” There are strategic matters that are critical to ensuring...

Bermuda’s balance of payments current account surplus was $220 million in the first three months of the year, up $7 million from the same period in 2019. This is a measure of Bermuda’s trade with the rest of the world. Also for the quarter, the goods...

We are a few months into one of the most dramatic economic calamities the world has witnessed, one that has not been seen since the Great Depression many decades ago. The entire world is fighting a battle to keep people safe from a disease that, whil...

The primary reason why Bermuda is such an outstanding island nation is determined by one undeniable fact: we have a large middle-class population that provides a high overall standard of living. Many of the island nations in the Caribbean have opule...

David Burt and his government have been given a good deal of credit for their handling of the coronavirus crisis, and rightly so. But Mr Burt faces a greater challenge now with the economy, and it’s one that his government was struggling with before...

The group tasked with developing ideas for economic rejuvenation has been processing dozens of “quick win” suggestions. The Economic Advisory Committee, formed by Curtis Dickinson, the finance minister, two months ago includes representatives from lo...