Archive for July 7th, 2010

Employment Report Shows Jobs Decline

The 2010 Bermuda Job Market Employment Briefs shows a decline in employment in Bermuda. There were 39,520 jobs counted in 2009 compared to 40,213 in 2008, a loss of almost 700 jobs. The construction and hotel industries have been hard hit, construction held 3,488 positions in 2009; a loss of 161 jobs [4% decline] from 3,649 jobs posted in 2008. Employment... Read more of this article

St George’s: Possible $1 Million Extra Revenue

The Cabinet Office confirmed today that following discussions between Mayor Kenneth Bascome and Premier Dr Ewart Brown, Cabinet has recently discussed additional revenue streams in support of the Town of St. George’s. Among those items discussed was the addition of one penny to the retail cost of gasoline and diesel with the funds raised devoted to... Read more of this article

E-Ready: Bermuda Ranks In Top 25 Worldwide

In the latest Economist Digital Economy Rankings, formerly known as the E-Readiness Rankings, Bermuda remains in the top 25 countries in the world. Bermuda ranked 22nd this year, down from 21st last year and received a score of 7.47 (out of 10) a reduction of .24 points from 2009. Minister of Energy, Telecommunications and E Commerce Michael Scott... Read more of this article

Premier Defends Parliamentary Attendance Record

Premier Dr Ewart Brown today hit back at critics of his Parliamentary attendance record saying that “his primary focus is on addressing the needs and concerns of working Bermudians not with the misguided priorities of the Opposition.” The Premier also said he monitors Parliamentary proceedings by radio when not in the chamber. Today’s... Read more of this article

Premier Meets Archbishop Desmond Tutu

Premier Dr Ewart Brown, who is presently in South Africa attending the FIFA World Cup, had the opportunity to meet one of the most iconic figures in South Africa; Archbishop Desmond Tutu. They are pictured below at the Cape Town airport just before his flight took off for Johannesburg, where the Premier will witness the World Cup final on Sunday. Desmond... Read more of this article

Auditor General Says Access Is Restricted

Heather Jacobs Matthews, the Auditor General, says the Ministry of Finance has restricted her access to Government’s Financial Information Management System despite repeated requests over the past two weeks to restore access. The statement said: Further, the action taken by the ministry is unconstitutional. The right to full access is embodied in... Read more of this article

Report: Bermuda Likely To Host Islamic Bank

According to the Middle East business website Zawya, Bermuda is likely to host our first Islamic bank by the end of the year. Minister of Finance and Deputy Premier Paula Cox is presently in Bahrain, where she attended the first Bahrain/Bermuda Conference on Global Financial and Insurance Services, which was held at the Hotel Ritz-Carlton yesterday... Read more of this article

Jenni Rowntree: Promoted To Senior Vice President

Guy Carpenter & Company, LLC, a leading global risk and reinsurance specialist and part of the Marsh & McLennan Companies (MMC) announced the promotion of Jenni Rowntree, a Bermudian, to the position of Senior Vice President of Treaty Broking. In her new role Ms. Rowntree will be responsible for designing and placing treaty reinsurance... Read more of this article

Bermuda U/19 Cricket Squad Loses To Barbados

The Barbados Junior Cricket Squad bested the Bermuda Under 19s Squad by 38 runs at the 2010 Sir Garfield Sobers Tournament in Barbados. The match was the first game for Bermuda in the tournament, which runs to July 23rd. Barbados won the toss and elected to bat scoring 180/6 in 40 overs. Islandstats reported that Bermuda were bowled all out for 142,... Read more of this article

Hogges Footballers Win Again On The Road

Bermuda Hogges Football Club won their third and final road trip, when they defeated Virginia Royals 2-1 at Hellwig Memorial Field Stadium, Virginia, with the temperature scorching at 100 degrees through out the day. In the 3rd minute of play Keishan Bean hit the upright 2 yards out. In the 23rd minute of play, Troy Tucker scored the first goal for... Read more of this article

Shots Fired In Sandys: No One Shot

The Police have confirmed that a gun was fired tonight [July 6] in the Sandys Parish area, however say no one was shot. The Police responded to a report of gun shots being fired in the area of White Hill and Georges Bay Road in Sandys at 9:40pm tonight. Police canvassed the area and say that they “ascertained that it was indeed a confirmed firearm... Read more of this article