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Let’s make something clear, local inflation doesn’t help anyone without pricing power — it lowers living standards by reducing purchasing power. It also can act as a disincentive for business investment and ultimately the level of employment. If cos...

A recent letter from Jason Hayward, head of the Bermuda Public Service Union, and an appeal by Charles Jeffers, of Age Concern, for a healthcare safety net seeks to make the case for the Bermuda Government to become even more involved with solving th...

Bermuda had a balance of payments surplus of $813 million in 2014, with the value of goods and services sold by the Island to the rest of the world easily dwarfing the value of goods and services the Island bought from overseas. As a barometer of the...

Voter confidence figures compiled by statistician Cordell Riley show residents increasingly disenchanted with the ability of either political party to manage the Island’s economy. “It’s interesting that neither party comes out on top — the One Bermud...

The Revolution Will Not Be Televised — Gil Scott-Heron As a country we have to begin thinking more and more critically about how to diversify our economy. No matter what some may say, the reality is that IB will continue to merge and consolidate. IB...

Bermuda’s political and business leaders have, by and large, resisted the temptation to issue any premature declarations of victory over the seemingly intractable recessionary conditions which have hobbled the economy since 2008. Despite the emergenc...

Premier Michael Dunkley issued a rallying call to Bermudians last night urging everyone to work together to overcome the challenges faced by the Island. During a televised speech, he detailed Government’s accomplishments since the OBA came to power i...

An estimated $242 million is expected to be generated in direct spend for Bermuda’s economy as a result of the America’s Cup. This is according to a Potential Economic Impact Assessment, the results of which were announced yesterday. The report, prep...

The resolution of Bermuda’s immigration policy is “crucial” for the economy, Shadow Minister of Finance David Burt said yesterday. “This is not an immigration issue, this is an economic issue,” he said. “Getting it right for the long-term is crucial...

In the most recent budget statement, the government has suggested that it is a “national economic imperative” to revitalise Bermuda’s hospitality sector. This can be seen in the $930 million list of projects in Table 1 of the budget statement which a...