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It’s steady as she goes. Government’s fiscal policy stance for the foreseeable future is one of debt reduction: expect decreases in spending as the primary weapon and increases in taxes in a supporting role. The original plan called for successive an...

Whether you call it Back of Town or North Hamilton, the neighbourhoods north of Dundonald Street are among the Island’s cultural treasures. Community activist Cleveland Simmons, who calls these streets home, is aiming for the area to get more of the ...

Bermuda can only prosper from the 35th America’s Cup, according to sailing legend Dennis Conner. The Island will host the prestigious regatta for the oldest trophy in international sport in June 2017, having beaten out several rival bids for the priv...

Bermuda cannot have any kind of economic growth without somebody signing some big cheques first, Finance Minister Bob Richards said yesterday afternoon in defence of the 2015-16 Budget statement. The Finance Minister, who noted that jobs creation wou...

Bermuda is likely to emerge from recession this year, according to projections by the Ministry of Finance. Analysts from the Ministry estimate that the economy will grow by up to 1.5 per cent next year. In the outlook section of The National Economic...

The Bermuda economy has been mired in a depression now for six years, with its levels of demand and output still far below its peak seen in 2008. There is growing concern among many that the Bermuda economy could suddenly decline from the simultaneou...

Behind the drama being played out in front of Cabinet Office this week looms a stark reality — that if the Bermuda Government does not soon start spending much less and/or earning much more, it is only a matter of time before fiscal collapse. While p...

Bermuda Tourism Authority CEO Bill Hanbury spoke recently of a series of seven tasks the BTA had set for itself in order to improve Bermuda’s tourism industry. One of them, he said, was “Don’t boil the ocean.” What he meant was that Bermuda shouldn...

The economy needs a “wholesale overhaul” and a plan the One Bermuda Alliance and the Progressive Labour Party can both get behind, according to Shadow Finance Minister David Burt. The deputy leader of the PLP spoke out after figures showed unemploym...

Members of the media, thank you for joining us here today. Today I am going to address the ongoing Jobs Crisis in Bermuda, which was crystalized by the latest unemployment figures which showed record unemployment in Bermuda. Before I get to the meat...