Archive for July 22nd, 2011

XL Remarketing Plans For 8.25% Senior Notes

XL Group plc announced today [July 22] that its wholly-owned subsidiary, XL Company Switzerland GmbH, has entered into a Remarketing Agreement relating to the remarketing of XL’s $575 million aggregate principal amount of 8.25% senior notes due August 2021 comprising a part of the Equity Security Units issued in 2008. Goldman, Sachs & Co. will... Read more of this article

Afternoon Accidents In The East & West

At approximately 2pm today [July 22] there was an accident in the Ord Road, Paget area in which it appears a bike may have struck a truck. It appears the Police removed the bike from the scene in the back of a truck, and we unofficially understand the male bike rider received minor injuries. At approximately 3pm, there was another accident... Read more of this article

Police Seize 15 Cannabis Plants in Devonshire

Police have made yet another seizure of cannabis plants, marking the fifth time plants have been seized in the last few weeks. Last night [July 21] officers confiscated 15 cannabis plants from the Cedar Park Road, Devonshire area. A Police spokesman said, “Around 8pm on Thursday, police attended the Cedar Park Road, Devonshire area after a report... Read more of this article

Ministerial Statement: Budget & Staffing at MAWI

Minister of Health Zane Desilva delivered a statement this morning [July 22] in the House of Assembly about the budget and staffing at the Mid-Atlantic Wellness Institute. The statement follows in full below: Mr. Speaker, there has been some speculation and comment in the media over recent days about the impact of budget reductions on services at the... Read more of this article

Cooper 2nd At Youth North American Champs

Local youth Sunfish sailors Mackenzie Cooper [16] and Benn Smith [12] represented Bermuda at the 2011 Sunfish Youth North American Championships, hosted by the Barrington Yacht Club in Bartrington, RI on July 20th and 21st. In the youth competition consisting of 15 boats, skippers must not have turned 19 before Jan 1 2012.The fleet experienced some... Read more of this article

Joint Select Committee Crime Report Tabled

[Updated with videos] Minister of National Security Wayne Perinchief today [July 22] welcomed the tabling of the Report of the Joint Select Committee on the Causes of Violence and Gun Crime in Bermuda. Dozens of people appeared before the committee including Digicel CEO and Rise Above co-founder Wayne Caines, a group of CedarBridge Academy guidance... Read more of this article

Bermuda Beat Cayman, Qualify For Dubai

[Updated - Bermuda win] The Bermuda cricket team which will face the Cayman Islands at 2:30 today [June 22] has been named; D Hemp, L Cann, F Crockwell, K Leverock, D Minors, R Trott, O Bascome, M Jones, G O’Brien, Damali Bell and J Gilbert. Bermuda won the toss and elected to bowl. This is Bermuda’s fourth game in the ICC Americas Region... Read more of this article

BBFS Announces Soccer@Sea Partnership

Soccer@Sea, Bermuda’s Brazilian Football School [BBFS] and Bermuda’s Sports Management Group [BSMG] have formed a partnership. Soccer@Sea compromises groups going on Royal Caribbean Cruise ships, where they undergoing training as well as meet up with local teams in port to play 5-a-side games and beach soccer tournaments. Owners of Soccer@Sea... Read more of this article

Local U/12 Baseball Team Win In USA

Bermuda’s YAO U12 Baseball All-Stars got off to a great start last night [July 21] winning 7-3 in a friendly game against an all-star team from Fitchburg, MA in a field that is a replica of Fenway Park. A team spokesperson said, “The field was maintained more meticulously than some major league stadiums, so it was a real treat for our kids... Read more of this article

Deputy Fire Chief Pacheco Retires After 39 Years

Deputy Chief Fire Officer John L. Pacheco has retired after 39 years of service, after beginning his career with the Bermuda Fire and Rescue Service, then known as the Hamilton Fire Brigade in February 1972 at the age of 21. Having come from the construction industry, DCFO Pacheco successfully embraced the high work ethic required in such an industry... Read more of this article

Tropical Storm Bret Passes, Fizzles Out

Tropical Storm Bret – now downgraded to a tropical depression – passed a few hundred miles off Bermuda with little more then a touch of rain to mark its passing. For the coming weekend, the Bermuda Weather Service predicts, “Southwesterly winds will hold a warm and humid tropical airmass over the area for the period with daily chances... Read more of this article

Local Swimmers At World Champs In China

Julian Fletcher, Roy-Allan Burch and Kiera Aitken are representing Bermuda in 14th FINA World Championships in Shanghai, China. The 2011 World Championships, which ends on July 31, features athletes from over 70 nations competing in five aquatics disciplines: swimming, water polo, diving, open water, and synchronized swimming. National Coach Ben Smith... Read more of this article