Category: Politics
Video: Finance Minister On Moody’s Downgrade
The downgrade by Moody’s wasn’t entirely unexpected and he does not believe it will hamper us in raising funds in investment markets going forward, Finance Minister Bob Richards said yesterday [May 17]. Minister Richards said, “I was a little disappointed in their prognostications in the outlook. I think we laid out our case pretty... Read more of this article
Video: Health Minister On Hiring Consultants
Former United Bermuda Party and One Bermuda Alliance MP Louise Jackson was hired as a consultant, said Health Minister Patricia Gordon-Pamplin, who also said she “inherited a significant number of consultants.” “It is a known fact that Mrs Jackson has been the fiercest advocate and had perhaps the most robust and informative knowledge... Read more of this article
Minister Highlights Coverage After Italian Trip
Following a two day visit to Milan, Italy in March Minster of Tourism Development and Transport Shawn Crockwell has received feedback on the media coverage generated by the trip, saying that 15 editorials were published reaching an audience of 471,000 readers/viewers. A statement said, “Both trade and consumer media underlined the highlights... Read more of this article
Ombudsman Disappointed With Hospital Review
Arlene Brock, Ombudsman for Bermuda, expressed disappointment with the quality of the Bermuda Hospital Board’s [BHB] Corporate and Clinical Governance Review. Ms. Brock said, “In November 2012 I announced that I would be reviewing the Corporate and Clinical Governance Review commissioned by the BHB and conducted by Howard Associates.” “My oversight... Read more of this article
Minister: Gang Mediation Structure Put In Place
A structure has been put in place around gang mediation and police officers will directly engage with students to stem the growth of the gang culture, Public Safety Minister Michael Dunkley said this morning [May 17] in the House of Assembly. “Using the work of the previous administration as the starting point, a governance structure is now linked... Read more of this article
AME Church Oppose Human Rights Amendment
The AME Church said they oppose the Human Rights Act amendment to include protection from discrimination based on sexual orientation as “legislation that endorses homosexuality violates God’s Word.” The statement from the Church comes as the Bermuda Government prepares to table the amendment today [May 17], on a day which also happens... Read more of this article
PLP: ‘Downgrade Should Serve As Wake Up Call’
Today’s downgrade and negative outlook by Moodys should “serve as a wake up call to the OBA”, and the new negative outlook is a “likely result of the OBA’s lack of a credible plan of action to address Bermuda’s deficit,” Shadow Minister of Finance David Burt said this afternoon [May 16]. Moody’s downgraded Bermuda’s... Read more of this article
Six City Bermuda Tourism & Hotel Sales Blitz
The Bermuda Department of Tourism and island hotel representatives have, this week, completed the first segment of an aggressive, six-city sales blitz with strong attendance by key travel agents and media in crucial U.S. east coast geographic markets.More than 210 travel agents and media have turned out thus far at events in Boston, Riverside, CT,... Read more of this article
PLP Leader: “Government Silent On Gaming”
[Updated with video + statement] Five months into the One Bermuda Alliance’s term “we have seen no movement” on a gaming referendum, and the “Government is silent on this important issue,” Opposition Leader Marc Bean said this morning [May 16]. “We have heard much talk about human rights, municipality reform and SAGE... Read more of this article
Moody’s Downgrades Bermuda’s Rating To Aa3
[Updated] After placing the island on “review” last month, ratings agency Moody’s today [May 16] formally downgraded Bermuda’s rating to Aa3 and changed the outlook to negative. A statement issued by the Company said, “The downgrade was prompted by the steep rise in government debt and the lack of an economic recovery from the... Read more of this article
