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Dear Sir, The economy is on the verge of turning around, but it will not be noticeable until its effects have significantly increased jobs and thereby reduced unemployment. New projects will bring back life into this stagnant economy, but we need mul...

One of the important factors in understanding more about international business is for us to learn how to separate myth from fact. One of the best ways is to have a look at numbers related to international business. Today we will look at a few pertin...

Bermuda recorded a fifth successive quarter of economic growth in the last three months of 2015. Quarterly gross domestic product figures released by the Department of Statistics today showed that GDP was $1.4 billion in the fourth quarter of last ye...

Bermuda’s current account surplus in the fourth-quarter of 2015 was $204 million, down $38 million on the same period in 2014. The deficit on the goods account decreased $7 million to $223 million. There was a $49 million surplus in services transact...

Three-quarters of a century ago, Bermuda found itself at the crux of a landmark agreement between our closest allies, one that catapulted us on to the world stage and set in motion the birth of the modern era. Less than a year into the Second World W...

Technically, a recession of unprecedented length and severity came to an end in Bermuda last year. That was when the island finally recorded two consecutive quarters of modest, but measurable, growth in our gross domestic product. In practice, howev...

Tax evasion is illegal everywhere. What’s called “tax avoidance” is, of course, not only legal but the cornerstone of thriving speciality practices at any number of leading — and some not-so-exemplary — law firms around the world. Many brilliant leg...

Bermuda attracted more air and cruise ship visitors in the last three months of 2015 compared with the year before, but they spent less money. There were 90,731 air and cruise ship visitors in the fourth quarter compared with 81,009 for the same peri...

Implementing a minimum wage in Bermuda could impact the people already struggling to make ends meet, according to Craig Simmons. The economist and Bermuda College lecturer said minimum wages were “distortionist” and could lead to joblessness among th...

Nelson Hunt is not likely to be furnished with a gun permit after he has had his chat with the Premier. That much we can virtually guarantee. But it is evidently clear that recent events have triggered an attitude within right-thinking Bermudians who...

Dear Sir, At a time when jobs and employment have been shrinking for a number of years, it’s an understatement to say our economy needs to be fixed. With no clear market forces set to reverse the tide, there is a deep requirement for innovation. In...

Dear Sir, Capital will always move away from perceived risk. I am aware of two specific hotel property investments that are now reconsidering their investment in Bermuda, and that business leaders are now scaling back previous plans that would have c...