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Bermuda targets US corporations with captive insurance webinar

June 26, 2015
Bermuda targets US corporations with captive insurance webinar HAMILTON, Bermuda -- The Bermuda Business Development Agency (BDA) is teaming with industry partners to host a webinar next week spotlighting the advantages to US corporations of setting up a captive insurance company in Bermuda. The hour-long webinar, to be broadcast on Tuesday...

Commentary: Bermuda rallies around the West Indies

June 25, 2015
Commentary: Bermuda rallies around the West Indies Bermuda Carnival. Carnival time in Bermuda. Hmm. I never thought I would ever hear those two words together. Almost like saying Bermuda Snow or snow in Bermuda. For many, many moons, in the typical British colonial philosophy of “divide and conquer,” Bermudians were told that we should have...

Fifteen regional jurisdictions on EU tax haven blacklist

June 19, 2015
Fifteen regional jurisdictions on EU tax haven blacklist BRUSSELS, Belgium -- A blacklist of the world’s 30 worst-offending tax havens, published on Wednesday by the European Commission, includes 15 countries and territories within the wider Caribbean. The list includes various well-known havens -- among them the Cayman Islands, British Virgin...

Commentary: Bermudians unite for cancer prevention

June 11, 2015
Commentary: Bermudians unite for cancer prevention In December 1992 I lost my grandfather to prostate cancer. In February 2000 I lost my aunt to breast cancer. In June 2000 I lost my grandmother to breast cancer. In August 2001 I lost another grandmother to cancer. In Sept 2003 I lost a male cousin in his 40s to a brain tumour. In April 2014 I lost a...

Bank robbery in Bermuda caught on security footage

June 10, 2015
Bank robbery in Bermuda caught on security footage HAMILTON, Bermuda -- An armed robbery that occurred at Butterfield Bank in the Old Town of St George's, Bermuda, just after noon on Tuesday was caught on security CCTV footage, which somehow found its way into the public domain. While the bank is investigating the origin of the breach...

Commentary: Bermuda Day

June 4, 2015
Commentary: Bermuda Day Ah, Empire Day, aka 24th May, aka Bermuda Day, aka my “National Freeloading Day”. What can I say about Bermuda Day 2015? Well the first word coming to my mind is “gratitude” to many. So today I will list a few of the people I am grateful to. First I would like to thank the organizers of the Annual...

Digicel acquires Bermuda Telephone Company

June 3, 2015
Digicel acquires Bermuda Telephone Company HAMILTON, Bermuda -- Digicel Bermuda has completed the acquisition of Bermuda Telephone Company (BTC). Digicel Bermuda CEO, Robin Seale, said, “This is an exciting time for Digicel Bermuda and BTC as together we are better positioned to serve our customers across Bermuda.”

America's Cup: Artemis Racing may move to Bermuda this year

June 1, 2015
America's Cup: Artemis Racing may move to Bermuda this year HAMILTON, Bermuda -- ‎Following a statement by Bermuda’s minister of economic development, Dr Grant Gibbons, to the island’s House of Assembly, America’s Cup Bermuda (ACBDA) and the America’s Cup Event Authority (ACEA) have confirmed that Artemis Racing are looking to move their entire...

British Virgin Islands to host regional parliamentary conference

May 28, 2015
British Virgin Islands to host regional parliamentary conference ROAD TOWN, BVI -- The British Virgin Islands (BVI) will host the 40th annual conference of the Caribbean, Americas and the Atlantic Region of the Commonwealth Parliamentary Association (CPA). Over 70 parliamentarians drawn from member states of that body are expected to arrive in the BVI in July.

Commentary: Fuzzy financing in Bermuda

May 26, 2015
Commentary: Fuzzy financing in Bermuda Recently it has been revealed, via 2,000 pages of *documents supplied by the government of Canada, that the One Bermuda Alliance (OBA) minister of finance of Bermuda has allegedly been involved in a number of questionable activities surrounding the OBA’s plans for the airport.

Bermuda opposition delegation meets with British officials in London over airport redevelopment

May 21, 2015
Bermuda opposition delegation meets with British officials in London over airport redevelopment LONDON, England -- A delegation from the opposition Progressive Labour Party (PLP) in Bermuda is currently in the UK to meet with representatives from the Foreign and Commonwealth Office (FCO), and the Commonwealth Parliamentary Association (CPA) regarding the government’s...

Cruise ship runs aground in Bermuda (UPDATED)

May 20, 2015
Cruise ship runs aground in Bermuda (UPDATED) HAMILTON, Bermuda -- The cruise ship Norwegian Dawn ran aground in Bermuda’s North Channel on Tuesday afternoon having left the Dockyard after its regularly scheduled call from Boston. The ship -- with 2,675 passengers and 1,062 crew members aboard – reportedly lost power leaving the dock.

Commentary: Coincidence in Bermuda?

May 18, 2015
Commentary: Coincidence in Bermuda? Recently on April 3, 2015, I read that the government of the Turks and Caicos Islands had signed a $224 million arrangement to develop a hotel resort. At first glance it sounded great. Then something grabbed my attention. A name I had heard before very recently and very frequently. No way, José...

Commentary: Jamaican Association of Bermuda Annual Jerk Festival

May 6, 2015
Commentary: Jamaican Association of Bermuda Annual Jerk Festival On Sunday, April 26, 2015 the Jamaican Association of Bermuda ( JAB) held its annual Jerk fest at the Shelly Bay Field. With the atmosphere created and tons of jubilant personalities in attendance, one could be forgiven for thinking they were actually in Jamaica for a few hours. Early in the day...

Bermuda opposition calls on government to explain missing $18 million

May 2, 2015
Bermuda opposition calls on government to explain missing $18 million HAMILTON, Bermuda -- At a press conference on Wednesday, Bermuda’s opposition Progressive Labour Party (PLP) called on the British territory’s government to explain the fate of some $18 million in loan proceeds secured by public property that have allegedly disappeared. Deputy PLP leader...

Bermuda ratings lowered as weak economic performance continues; outlook stable

April 30, 2015
Bermuda ratings lowered as weak economic performance continues; outlook stable NEW YORK, USA -- On Tuesday, Standard & Poor's Ratings Services lowered its long-term issuer credit and senior unsecured debt ratings on Bermuda to 'A+' from 'AA-'. At the same time, Standard & Poor's lowered its short-term rating on Bermuda to 'A-1' from 'A-1+'. The outlook is stable.

Commentary: Caribbean men's health

April 28, 2015
Commentary: Caribbean men's health Over the last few months I have attended a growing number of funerals of Caribbean men of various races and ages. Seemingly almost every other week, someone I know or know about, is collapsing suddenly and dying. Often, too often, this stems from heart failure. For many of us...

CARPHA and Mexico sign MOU to benefit 17 million Caribbean people

April 25, 2015
CARPHA and Mexico sign MOU to benefit 17 million Caribbean people MEXICO CITY, Mexico -- The Caribbean Public Health Agency (CARPHA) on Thursday signed a memorandum of understanding (MoU) with the ministry of health of the United Mexican States, through the Federal Commission for Protection from Sanitary Risks (COFEPRIS). The aim of the MoU...

Newport to Bermuda sailing speed record shattered

April 21, 2015
Newport to Bermuda sailing speed record shattered HAMILTON, Bermuda -- Renaud Laplanche, co-skipper Ryan Breymaier and the crew of the 105’ trimaran Lending Club 2 on Monday established a new world sailing speed record for the 635-nautical mile course from Castle Hill Lighthouse, in Newport, Rhode Island, to Kitchen Shoal Beacon in Bermuda.

Flight diversion to Bermuda costs British men $3,000 each

April 15, 2015
Flight diversion to Bermuda costs British men $3,000 each HAMILTON, Bermuda -- Two British nationals may end up spending four months behind bars after they each were handed $3,000 fines by a Bermuda court for being disruptive on a flight travelling from the UK to Mexico. Jamie Richardson, 38, and Daniel Taylor, 37, were aboard a Thompson Airlines...

Bermuda officials discuss policy issues with European Union

April 9, 2015
Bermuda officials discuss policy issues with European Union HAMILTON, Bermuda -- Bermuda officials have been in talks with European Union authorities on policy matters of mutual interest. And high on the list of priorities are impending EU laws that may disadvantage Bermuda’s insurers and reinsurers. But if Bermuda’s quest for equivalence with Europe’s...

BVI ranked highest offshore jurisdiction

April 9, 2015
BVI ranked highest offshore jurisdiction ROAD TOWN, BVI -- The British Virgin Islands (BVI) has moved up 13 positions to 34th in the most recent Global Financial Centres Index (GFCI). The Index also revealed that the BVI is the most highly ranked offshore jurisdiction, ahead of competing jurisdictions such as the Cayman Islands...

Commentary: A failure of Christopher Famous's commonsense

April 8, 2015
Commentary: A failure of Christopher Famous's commonsense Christopher Famous has made a number of criticisms of Bermuda’s proposed new airport project, which may lead your readers to suppose that for some unexplained reason we have made a very, very bad decision. That’s not the case at all, and I would appreciate an opportunity to set the record straight.

Luna Rossa withdraws from America's Cup 2017 in Bermuda

April 4, 2015
Luna Rossa withdraws from America's Cup 2017 in Bermuda HAMILTON, Bermuda -- Italian challenger Luna Rossa pulled out of the 35th America's Cup on Thursday in protest at a majority vote to reduce the size of the catamarans to be raced in the 2017 event in Bermuda. “Following a careful evaluation of the serious implications of this unprecedented...

New class introduced for 2017 America's Cup in Bermuda

April 2, 2015
New class introduced for 2017 America's Cup in Bermuda HAMILTON, Bermuda -- The America’s Cup teams have agreed to make changes aimed at significantly reducing costs for the 2017 America’s Cup in Bermuda. Central to these changes is the introduction of a new America’s Cup Class – a wing-sailed, foiling catamaran between 45 and 50 feet.

Commentary: OBA attempting to close Bermuda public school

April 1, 2015
Commentary: OBA attempting to close Bermuda public school St George’s is more to me than the place I live. It is the place where I grew up. It is the place where my family is from and it is where I am raising my children. Some have used St George’s as a political football while displaying neither love nor commitment to the people who, like me, call St George’s home.

Commentary: Point of order! Mr Speaker, the member opposite is misleading the house

March 30, 2015
Commentary: Point of order!  Mr Speaker, the member opposite is misleading the house On Friday, March 20, 2015, in the Senate, OBA Senate leader Michael Fahy took liberty to attack my Royal Gazette column printed on March 20, 2015, making the accusation that my comments were “patently false.” To be more precise, Mr Speaker, “yesterday’s Senate closed with Senator Fahy...

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