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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...

America's Cup Oracle team to move to Bermuda next month

March 30, 2015
America's Cup Oracle team to move to Bermuda next month HAMILTON, Bermuda -- The Bermuda Housing Corporation (BHC), in conjunction with the Bermudiana Beach development team have collectively agreed to assist Team Oracle as they transition to Bermuda for the impending America’s Cup sailing event. “Team Oracle is due to be housed in the Dockyard...

Cayman Islands hosts Caribbean overseas territory governors conference

March 28, 2015
Cayman Islands hosts Caribbean overseas territory governors conference GEORGE TOWN, Cayman Islands -- Cayman Islands Governor Helen Kilpatrick on Friday hosted the governors from Bermuda and the other Caribbean Overseas Territories for a conference to discuss regional matters and issues of common interest. The conference was attended by the governors of...

America's Cup rule changes to reduce operational costs

March 27, 2015
America's Cup rule changes to reduce operational costs HAMILTON, Bermuda -- The competitors and organizers of the 2017 America’s Cup due to take place in Bermuda are planning to implement a series of rule changes to dramatically reduce team operational costs, primarily by racing in a smaller boat. “After reviewing prototypes of the new AC45 sports boats...

Commentary: OBA immigration reforms hurting Bermudians

March 26, 2015
Commentary: OBA immigration reforms hurting Bermudians On Friday, March 13, 2015, the Progressive Labour Party (PLP) laid a motion before the Bermuda parliament requesting a formation of a joint select committee (JSC) on comprehensive immigration reform.  Opposition leader Marc Bean explained the reasoning behind the proposed motion...

Commentary: America's Cup: Bermuda's opportunity

March 19, 2015
Commentary: America's Cup: Bermuda's opportunity Bermuda has been chosen to be the host venue for the 35th challenge for the America’s Cup, the oldest and best-known international sailing yacht competition. The finals will take place in June 2017 in Bermuda’s beautiful Great Sound, a natural sailing amphitheatre that will make for exciting races.

Commentary: OBA giving Bermuda airport away to Canadians

March 18, 2015
Commentary: OBA giving Bermuda airport away to Canadians On November 10, 2014, MP Bob Richards announced that a memorandum of understanding (MOU) was signed with the Canadian Commercial Corporation (CCC) for the re-development of the LF Wade International Airport in Bermuda. Who is CCC? CCC is a federal Crown corporation...

Norwegian shipping group registers 14 ships on Bermuda registry

March 11, 2015
Norwegian shipping group registers 14 ships on Bermuda registry HAMILTON, Bermuda -- A Norwegian shipping group has become the latest Bermuda shipping company to list its shares on the Oslo Stock Exchange (Oslo Bors) after announcing the closing of a deal valued at approximately US$300 million. Team Tankers International Ltd is the new holding company.

Commentary: Pass D Dutchie

March 5, 2015
Commentary: Pass D Dutchie One of the signatures of Caribbean culture is our food. Caribbean cuisine stands out in the world with a taste and texture of its very own. Perhaps it is the fresh organic home grown fish, meat, poultry, herbs and vegetables. Or just maybe it is the rhythm in how wi stir fi wi pot dem?

Commentary: Bermuda Copygate

February 24, 2015
Commentary: Bermuda Copygate On Friday, February 20, 2015, the Hon. Leah Scott, JP, MP, released an op-ed by way of a letter to the editor in the Royal Gazette entitled “Women must try to be allies, not enemies”. The letter attempted to discuss unity between women. Ironically, MP Scott started and ended her article attacking...

Commentary: Bermuda's minister of plagiarism

February 23, 2015
Commentary: Bermuda's minister of plagiarism On Friday February 20, 2015, junior minister of education of Bermuda, One Bermuda Alliance (OBA) MP Leah Scott decided to attack Bermuda’s number one radio host, Mrs Sherri Simmons aka Sherri J. In her letter to the editor she attempted to utilize a ‘passive-aggressive-passive’ approach.

Bermuda tourism showing signs of recovery

February 20, 2015
Bermuda tourism showing signs of recovery HAMILTON, Bermuda -- Just two months into 2015, Bermuda’s tourism industry is beginning to show promising signs of recovery. According to several market forecast reports and analysis from the Bermuda Tourism Authority (BTA), rising indicators suggest positive results are ahead for the island.

Commentary: The View from Europe: OTs message hides a darker truth

February 14, 2015
Commentary: The View from Europe: OTs message hides a darker truth Imagine this. You are the premier of the Cayman Islands or the British Virgin Islands. You have been trying your hardest to continue to develop your nation’s economy. With British support and encouragement over a long period, the nation’s financial services and tourism sectors have flourished.

J Class yachts to return to America's Cup in Bermuda

February 13, 2015
J Class yachts to return to America's Cup in Bermuda HAMILTON, Bermuda -- The majesty of the J Class era will return to the America’s Cup in Bermuda in 2017, 80 years after the class last raced for the oldest trophy in international sport. The J Class Association (JCA) and the America’s Cup Event Authority have agreed to stage a J Class regatta...

Bank leak reveals billions from Caribbean stashed in Switzerland

February 12, 2015
Bank leak reveals billions from Caribbean stashed in Switzerland WASHINGTON, USA -- The International Consortium of Investigative Journalists released a report this week revealing billions of dollars held in nearly 60,000 internal Swiss bank documents from 2006 to 2007 leaked by whistleblower Hervé Falciani, a former employee of HSBC in Switzerland.

Bermuda financial regulation and transparency should be recognised, says BDA chief

February 12, 2015
Bermuda financial regulation and transparency should be recognised, says BDA chief HAMILTON, Bermuda -- Bermuda's well-documented financial services regulation, international partnership treaties, and lack of bank secrecy legislation ought to be recognised by the UK Labour Party, the Bermuda Business Development Agency (BDA) said on Tuesday. The BDA echoed the...

Commentary: One step forward, two steps backward for Bermuda

February 12, 2015
Commentary: One step forward, two steps backward for Bermuda Fifty years ago on February 2, 1965, events in Bermuda took a course that would see social discourse and history change forever for a number of persons. In a culmination of events outside of BELCO’s main gate on February 2, 1965, an all out war broke out between Bermudians standing up for their rights...

Britain's Labour Party leader hopelessly out of touch, says Cayman attorney

February 11, 2015
Britain's Labour Party leader hopelessly out of touch, says Cayman attorney LONDON, England -- The chairman of the Cayman Islands Stock Exchange, local attorney at law Anthony Travers, has accused UK Labour Party leader Ed Miliband of being hopelessly out of touch in relation to international tax avoidance. Travers’ comments follow a letter from Miliband to...

British overseas 'tax havens' warned ahead of general election

February 9, 2015
British overseas 'tax havens' warned ahead of general election LONDON, England -- A Labour government would push for UK overseas territories to be put on an international blacklist if they refuse to co-operate with a drive against tax avoidance, Labour Party leader Ed Miliband has told them ahead of general elections in Britain in May.

Commentary: Bermuda's connection to Jamaica - Part 2

February 2, 2015
Commentary: Bermuda's connection to Jamaica - Part 2 Last week, I spoke of the century-old history and the early influence of Jamaican culture on Bermuda, particularly in reggae music. Today, I’ll begin by speaking of Jamaican influence on a very important area: Food! Fresh Jamaican Ketchup They say the way to a man’s heart is through his belly.

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