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Bermuda’s inflation rate fell below two percent in September for the first time since February 2010. The rate was down to 1.9 percent from 3.1 percent the month before. Still, year over year, the cost of good and services was higher — driven by a s...

President Barack Obama’s victory will likely not have a huge effect on the market and the US economy over the short to intermediate term. Nor will it change the bigger economic or fiscal picture for the US. But there are perceived areas, on the marg...

People who owe money may get more protection from debt collectors. The promise was made in last week’s Throne Speech, which said Government was looking to standardise protocol for credit agencies to ensure fairness to consumers. The Government is als...

Bermuda is looking for investment from the oil-rich states of the Arabian Gulf in the Island’s infrastructure and hotels. Yesterday’s Throne Speech described Government’s intention to attract “business, capital and visitors” from the Gulf Cooperation...

Bermuda’s Ministry of Finance has signed two more Tax Information Exchange Agreements (TIEA) — one in South America, the other with one of the Island’s offshore business rivals. Bermuda signed agreements with the Republic of Brazil and the Republic ...

There was a lot of red on my screen Friday. We appear to be in the midst of a somewhat bearish and uncertain atmosphere. A third-quarter earnings slowdown appears to be the culprit. According to Thomson Reuters, the companies in the S&P 500 are exp...

The lead sponsor of US legislation to prevent American companies from operating in Bermuda is once again taking aim at the Island — this time in a campaign ad he has used in his bid for reelection. In the TV spot, US Congressman Richard Neal, who is...

Latin America might be a good place to invest some of your money to get double-digit returns over the next decade. That is the view of HSBC’s Pedro Bastos, an expert on the region’s economy who was in Hamilton yesterday to give an investor presentati...

The annual rate of inflation shot up more than three percent in August as consumers paid more for their healthcare and overseas travel. Hotel rooms overseas cost 14.6 percent more in August and airfares rose 4.4 percent. The monthly report from Gover...

The Bermuda Monetary Authority (BMA) has announced it is increasing its recruitment efforts in a bid to attract qualified professionals to join its team of regulators. On Thursday, October 11, the BMA will host an information session at BMA House. Th...