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A measure of the size of Bermuda’s economy shrank in the third quarter of last year, as the value of exports fell while imports rose. The island’s gross domestic product in the July through September period was estimated at $1.36 billion — down 0.5 p...

Inflation fell to 1.7 per cent in November, down from 2.1 per cent the previous month. A near 7 per cent decrease in the fuel adjustment rate, and lower cost of airfares and overseas accommodations were factors in the lower inflation figure. The aver...

Dear Sir, That the future of international business is now in jeopardy with Donald Trump in the White House must not be underestimated. Please read Nathan Kowalski’s recent Royal Gazette commentary. Trump’s already announced plan for lower corporate...

Industrial strife and threats to disrupt the upcoming America’s Cup will damage Bermuda’s reputation worldwide, a business leader has warned. John Wight, president of the island’s Chamber of Commerce, said: “In today’s media world, everybody is able ...

Bermuda had foreign portfolio holdings of more than half-a-trillion dollars last year, predominantly through its financial services sector. At $505.6 billion, that was down 2 per cent on 2014. The decrease was attributed to a decline in the assets of...

I took some time last week reading through the entire Speech from The Throne (“the Speech”) and the Reply to the Throne Speech (“the Reply”). There was actually a lot to like in both documents. What follows is not a political discussion but a brief e...

Bermuda’s economy grew in the second quarter of the year, driven by an increase in services exports and higher capital spending. Gross domestic product — a measure of all the goods and services produced by the island — totalled $1,442.7 million, up 2...

It is only November, so too early for new year’s resolutions, right? Not too early for me. I’m already preparing my resolutions for a Better Bermuda in 2017. For starters, let’s talk about “disenfranchised” Bermudians. What does this mean? It means t...

Bermuda’s pillar industries are likely to be safe amid global uncertainty over the future of the European Union and the US presidential race. Hilary Wakefield, head of portfolio management for the London-based arm of Swiss private banking group EFG, ...

Bermuda could benefit from uncertainty over Britain’s future relationship with the European Union, a top economic analyst said. Paul Domjan, CEO of 4CAST-RGE, a London-based international economic forecaster, added that Bermuda might be better off if...

Confidence in Bermuda’s economy is marginally up, according to a poll commissioned by The Royal Gazette. The Global Research survey this month found 30 per cent of people had faith in the direction the economy was heading — up from 25 per cent three ...

Bermuda’s economy grew in real terms last year for the first time in seven years, according to government statistics released yesterday. Gross domestic product — the value of all the goods and services the island produces — was $5.9 billion last year...