Archive for February 17th, 2012

Consolidated Fund Statements Tabled

Consolidated Fund Statements Tabled

Premier Paula Cox today [Feb.17] tabled audited financial statements relating to the Consolidated Fund. Speaking on the delay, the Premier said “The delay in issuing the Consolidated Fund Financial Statements for 2011 is not an ideal situation and the Accountant General and her staff will work intensely with the Office of the Auditor General to... Read more of this article

Consumer Affairs Complaint Statistics

Consumer Affairs Complaint Statistics

In 2011 the Department of Consumer Affairs recorded 657 complaints, Minister of Economy, Trade & Industry Patrice Minors said in the House of Assembly this morning [Feb.17]. This is a 27% increase from 2010. “123 were complex cases involving many different stakeholders and can take up to 6 months or more to resolve. 322 of these cases were... Read more of this article

Man Fined $1,000 For Cocaine

Man Fined $1,000 For Cocaine

23-year-old Kershon Burt this morning [Feb.17] pleaded guilty to a charge of possessing 0.46 grams of crack cocaine which Police found in the back pocket of his pants during a Police search on 28th October 2011. The Prosecutor told the Senior Magistrate that Mr Burt had been stopped by a routine Police mobile patrol and that he was seen, by them, to... Read more of this article

St. Maarten’s Ombudsman Rep To Visit

St. Maarten’s Ombudsman Rep To Visit

A representative of St. Maarten’s Ombudsman’s office is visiting Bermuda’s Office for the Ombudsman for a week of training, the Ombudsman for Bermuda, Arlene Brock announced today. “Patricia Phillips, the Head of Office for the new Ombudsman office in St Maarten has come to our office to gain insight into our approach to our work,” Ms Brock... Read more of this article

CellOne & Digicel On Long Distance

CellOne & Digicel On Long Distance

CellOne has responded to Digicel, after the Company called CellOne’s recent decision to offer International Long Distance [ILD] a “legal back flip worthy of an Olympic athlete.: Yesterday [Feb.16], Cable Co. released a statement saying it has launched a new International Long Distance service for CellOne’s mobile customers. Digicel responded... Read more of this article

Two Men Attempt To Rob 16-Yr-Old

Two Men Attempt To Rob 16-Yr-Old

Last night two men attempted to rob a 16 year old who was riding his bike along Middle Road in Devonshire. A police spokesperson said, “Around 11pm on Thursday February 16th, police responded to a reported attempted robbery on Middle Road in Devonshire. It appears that a 16 year old male auxiliary cycle rider was accosted by two unknown males... Read more of this article

RMS Launches Cat Bond Service

RMS Launches Cat Bond Service

California catastrophe modeler Risk Management Solutions [RMS] — a leading provider of products and services to Bermuda’s reinsurance sector — today [Feb. 17] announced the launch of Miu Pricing. The new service provides fixed income investors with everything they need to make investment decisions in both the new issue and secondary... Read more of this article

2012 Validus’ ‘Running Of The Bulls’ 5K

2012 Validus’ ‘Running Of The Bulls’ 5K

Validus Reinsurance, Ltd., a Bermuda based reinsurance company and member of the Validus Group of Companies, announced today that registration for its Inaugural “Running of the Bulls” 5K Run/Walk is now open. The event is being held in partnership with the Mid Atlantic Athletic Club [MAAC] in support of the Big Brothers and Big Sisters of Bermuda... Read more of this article

Love Is All Around For Photographer

Love Is All Around For Photographer

Love really is all around if you bother to look for it, says Bermuda photographer Libby Cook-Toppan Her work on the subject is featured in the current Select Palette Art “BLK/WHT/WoW!” collaborative show involving 15 local artists at Hamilton’s Common Ground cafe. Many of the works explore the theme of relationships and everyday life... Read more of this article

Bermuda Role In Historic Orbital Flight

Bermuda Role In Historic Orbital Flight

A computer malfunction at the Bermuda tracking station on Cooper’s Island just six minutes before blast-off almost scrubbed John Glenn’s historic orbital flight around the earth on February 20, 1962. But the problem was quickly rectified and after three years of training, John Glenn rocketed into space aboard the National Aeronautics... Read more of this article

Fairmont Promotes Three Bermudians

Fairmont Promotes Three Bermudians

The Fairmont Southampton announced the promotion of three Bermudians to positions of increased responsibility within the resort. Regional Director for Human Resources Nelda Simons said, “Our three Fairmont Southampton Colleagues each exemplifies the Bermudian spirit of warm, friendly customer service. “They have proven themselves to be a tremendous... Read more of this article

Minister: Land Licence Policy Revised

Minister: Land Licence Policy Revised

[Updated with video] A policy requiring couples of whom one is non-Bermudian to buy a land licence will be revised Minister of National Security Wayne Perinchief said this morning [Feb.17] in the House of Assembly. “All of us have been approached or lobbied to change this aspect of the law,” said the Minister. “The practical consequences... Read more of this article