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Debt is a bit like chocolate. It’s good and probably does you no harm (and might do you some good) in moderate amounts, but too much can cripple you. Indeed, anyone who has a mortgage on a home or has borrowed money to start a business will acknowle...

Bermuda’s AA+ credit rating was yesterday affirmed by Fitch Ratings, which expects the Island to see “mild economic expansion” in each of the next two years. But the rating agency said a smaller public debt burden was “desirable” for a country with B...

A great deal has been said about the causes of the current recession, with some Government supporters still avowing that the major impact has been from the rest of the world. No one would deny that the global recession has had an effect; some, altho...

Shadow Finance Minister Bob Richards last night pledged a One Bermuda Alliance Government would get people back to work, cut overspending and reduce the Island’s crippling debt. Speaking at the OBA’s town hall meeting on the economy, Mr Richards pain...

The debt crises in the US and Europe could make it harder for Bermuda to dig out of what Premier Paula Cox warned could prove to be “a long floor U-shaped” recession. Economists said the Island could see fresh hits to tourism, international business ...

Concerns are mounting over the United States’ $14.6 trillion debt mountain and how the world’s biggest economy will deal with it, according to Schroders’ senior fixed income portfolio manager David Harris. New York-based Mr Harris, who was in Bermuda...