Photos: Bermuda’s Rugby Team Beat Cayman
May 19, 2012 by Bernews · 2 Comments
[Updated with photo gallery] Bermuda’s national rugby team started off their defense of their NACRA Caribbean title, beating the Cayman Islands this afternoon [May 19] at the North Field of the National Sports Center in Devonshire. At the end of the first half, Cayman was leading 3 – 0. The first half was fairly brutal, [...]
Business Bermuda Sponsors STEP Conference
May 17, 2012 by Bernews · Leave a Comment
Business Bermuda again sponsored the Society of Trust and Estate Planners’ [STEP] Caribbean chapter this year at their annual conference held on May 13-16, 2012 in the Cayman Islands. The theme, ‘Going Global – Boldly Breaking Barriers’, focused on the changing role of International Financial Centres [IFCs], such as Bermuda, at a time when economic [...]
Cayman Ritz Carlton In Receivership
March 31, 2012 by Bernews · 5 Comments
The Ritz-Carlton Hotel in the Cayman Islands was placed into receivership earlier this month. Reuters reports that the Ritz-Carlton luxury resort and high-end residential developments were placed into receivership because of an outstanding $250 million loan. RC Cayman Holdings LLC, which is registered in Delaware, appointed KPMG (Cayman) as the receiver of the group of four [...]
Premier: Surveying The Past, Mapping The Future
March 25, 2012 by Bernews · 82 Comments
This weekend Premier Paula Cox attended the 50/50 Conference in the Cayman Islands where she was the keynote speaker, with her speech titled “Surveying the past, mapping the future.” The Premier said she was assuming the “role of truth teller to tell the story about one of the most successful jurisdictions in this region.” “The [...]
“Sole Mutual Element Is British Superiority”
March 22, 2012 by Bernews · 343 Comments
The sole mutual element of the Bermuda/UK relationship is one of British superiority, said former Premier Dr. Ewart Brown in his speech at the 50-50 Caribbean Conference held in the Cayman Islands today [Mar.22]. Dr. Brown — who stepped down as Premier in 2010 — presented a paper on “Is the UK-OT Relationship Based on [...]
NVCC Rams To Compete In Cayman Islands
The North Village Rams, defending league champions of the Premier Division during the 2010/11 campaign year, will represent Bermuda in the CFU Club Championships First Round later this month. The Rams will play two matches in the Cayman Islands in Group 1 against Georgetown Sports Club and Elite Sports Club respectively on Sunday March 25, [...]
UK Release Results Of Public Consultation
The need for a diversified economy and lack of sufficient infrastructure were the two most commonly cited challenges inhibiting economic development in the British Overseas Territories, according to a recent report. Yesterday [Mar.13], the U.K. Foreign Office released the results of the public consultation surrounding the development of the U.K Government’s new strategy for the [...]
Cox & Brown To Speak In Cayman
March 9, 2012 by Bernews · 345 Comments
[Updated] Premier Paula Cox, former Premier Dr Ewart Brown and political commentator Walton Brown will be speaking at the UCCI/UWI 50-50 Caribbean Conference to be held in the Cayman Islands from March 21 – 23. Dr. Ewart Brown will present a paper on “Is the UK-OT Relationship Based on Mutual Interests? Bermuda and the Uighurs Case Study.” [...]
Cayman Newspaper Chides Premier Cox
February 27, 2012 by Bernews · 12 Comments
Premier Paula Cox’s criticisms of claims by Shadow Finance Minister Bob Richards that rival Caribbean jurisdiction Cayman may be stealing a march on Bermuda in the reinsurance field entirely miss the point, says the leading newspaper in that British territory. In an editorial today [Feb.27], the “Caymanian Compass” says the Bermudian Premier’s decision to question the One [...]
Premier Cox: “OBA Sides With Cayman”
February 22, 2012 by Bernews · 79 Comments
[Updated with Mr Richards response] Premier and Finance Minister Paula Cox hosted a press conference this morning [Feb.22], saying the “latest comments from the OBA’s spokesperson for Finance, Mr. Richards, have gone one step further and taken a domestic fight international.” “In fact, how a patriot for Bermuda could ever stand in front of an [...]
