Archive for February 12th, 2012

OBA & PLP On Salary Reductions

[Updated] One Bermuda Alliance MPs and Senators have agreed to take a 5% salary cut effective March 1, 2012, but do not support the plan to forego pension contributions, Opposition Leader Craig Cannonier said this evening [Feb.12]. “We will set up an escrow account into which we will put 5% of our parliamentary salaries on a monthly basis. We... Read more of this article

Video: Evans Sets New School Record

Bermuda’s Aaron Evans topped his own school record in the 800-meter run at the Husky Invitational in Seattle yesterday [Feb.11]. Evans competed in the Invite portion of the 800 and finished second overall by just a hundredth of a second after clocking a 1:47.88. His previous school record time of 1:48.07 was recorded at last year’s Husky... Read more of this article

Feb 15: Premier To Host Town Hall

Premier Paula Cox, will host a town hall meeting on Wednesday February 15, to discuss education, workforce and family and social matters. Wednesday’s meeting will take place at the Elliot Primary School, Hermitage Road Devonshire at 7.30 p.m. The “Let Us Build One Another Together” town hall meeting will also feature Minister of Education... Read more of this article

Mouchette & Webb Win In Philadelphia

Members of the Bermuda Pacers Track Club recently took part in the United Age Group Track Coaches Association’s Indoor Track Meet in Philadelphia, and both Kyle Webb and Juma Mouchette walked away with wins. During the 11 and 12 Girls 200m Dash Syriah Lottimore finished 12th with a time of 30.36, while Sajan Harvey finished 17 during the 11 and 12... Read more of this article

Gang ‘Reference Guide’ To Be Unveiled

Speaking in the House of Assembly on Friday [Feb.10], Minister of National Security Wayne Perinchief said that he will host a public assembly on 22nd February and that a manual with information on gang mentality, signs and symbols will be published. Speaking about the public assembly, the Minister said, “I will convene a broad cross section of... Read more of this article

Smith Sets New Record In Estonia

Bermuda’s Tyrone Smith finished second at the 2nd Big Kuldliiga Indoor Series Track Meet in Estonia, setting a new Bermuda record in the process. Competing in his third Long Jump Indoor event in less than a week, Smith leaped to a Bermudian Indoor Record of 7.82m at the European event. He leaped 7.60m on his first attempt, he then reached 7.66m... Read more of this article

Bermuda Festival Review – Proof

[Bermuda Festival Review of "Proof" by Alan C. Smith] The Bermuda Festival of the Performing Arts presented a very satisfying evening of live theatre with the opening night of the play Proof on Friday, February 10th. Written by David Auburn, the play has garnered both the Pulitzer Prize for Drama and a Tony for Best Play. It has also been made into... Read more of this article

Police Complaints Authority Report

A consolidated Annual Report covering the Police Complaints Authority’s activities for the years 2008 through 2010 has been completed and was tabled in the House of Assembly on Friday [Feb. 13]. National Security Minister Wayne Perinchief said now the backlog in reporting on the PCA’s complaints procedures had been cleared, the body was... Read more of this article

Minister Minors On Job Creation Plans

Promoting entrepreneurship not only leads to job creation, it also makes Bermudians stakeholders in the island’s economic recovery, Economy, Trade & Industry Minister Patrice Minors told Parliament on Friday [Feb. 10]. Detailing job-creation initiatives being spearheaded by the Bermuda Economic Development Corporation [BEDC], the Minister... Read more of this article

Think Tank On Corporate Profit Shifting

A US corporate minimum tax would directly combat profit shifting to offshore financial centres like Bermuda and lessen the American tax code’s bias toward foreign investment, says a highly influential Washington DC think tank. In a major briefing paper written for the Centre for American Progress, the advocacy group’s Director of Fiscal Reform... Read more of this article

Harness Pony Racing Results

Harness Pony Racing action at the National Equestrian Center on Vesey Street this afternoon [Feb.11] saw Phillip Correa in the bike of Nite Dreamer win Heat One of the 1:06/2 to 1:07/2 Time Bar with a time of 1:05/4, Joseph Vieira and Mr. Indiana finished second clocking 1:06/1 and Zino Cooper in the bike of HeDaMon finished third clocking 1:10/4. In... Read more of this article

Endurance Earnings Call Remarks

The CEO and Chief Financial Officer of Bermuda-based Endurance Specialty Holdings Ltd. yesterday fielded questions on the firm’s earnings in 2011. Endurance was founded at the end of 2001 with approximately $1.2 billion in capital. Based in Bermuda, the initial operation focused on property catastrophe reinsurance and excess coverage for large... Read more of this article