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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...

In Bermuda it’s never been uncommon for the buck to be passed hither, thither and yon. There have always been those among us who cheerfully accept credit for their successes ­­— even successes they only played minimal roles in — while side-stepping a...

A health timebomb could act as a drag on the Island’s economic recovery, according to a new survey by financial services firm Morgan Stanley. The research headed by a Morgan Stanley economist said that sugar consumption was fuelling increased rates o...

The annual ordeal by tedium that is the Parliamentary Budget debate is now behind us. As usual, there was much in the way of grandstanding, sub-Gilbert & Sullivan political slapstick and contrived emoting. But precious little was heard about practic...

The Bermuda Economic Development Corporation (BEDC) will continue to support entrepreneurs despite a decrease in Government grants, according to Junior Home Affairs Minister Sylvan Richards The 2015/16 Budget cut the Government grant to the quango b...

In Greek mythology, Sisyphus was punished by the gods for his deceitfulness by being condemned to ceaselessly rolling a very large rock to the top of a mountain, only to watch it fall back under its own weight, and thus repeat this action forever. It...

There’s a fine old Churchillism about the inconsistency of officialdom — “so they (the government) go on in strange paradox, decided only to be undecided, resolved to be irresolute, adamant for drift, solid for fluidity, all-powerful to be impotent” ...

It’s called the Crisis of Rising Expectations and it’s been a well-established rule of a thumb in political science circles for decades. Distilled to basics, it states that if expectations start rising at a rate exceeding the ability of a society to ...

Home Affairs Minister Michael Fahy has released the most recent statistics from his Ministry with highlights including 22 new businesses being opened and increases in planning and building permits. The Minister said: “The statistics for 2014 are a po...

While America’s economy has technically been out of recession for six years, it is only relatively recently that the recovery has started to make itself felt at a grassroots level. The number of long-term unemployed, those who simply gave up looking ...