Archive for December 30th, 2010
2009 Tourist Spending Declines by $75 Million
Tourist contributions to Bermuda’s economy declined by $75 million in 2009 compared to the previous year with visitors spending $350 million on the island according to figures released by the Statistics Department today [Dec. 30]. The year-over-year decline was reflected in all areas of the hospitality sector except for recreation and entertainment,... Read more of this article
Resisting Arrest, Assault & Offensive Words
Felicia Johnson, 23, appeared in Magistrates’ Court today [Dec 30] on a number of separate charges relating to an incident last night [Dec 29]. She was charged with assaulting an individual, damaging a cash register belonging to the Ice Queen restaurant, assaulting at least four police officers — read out as separate counts –resisting... Read more of this article
Lennon’s Bermuda-Inspired Salute To Women
Former Beatle John Lennon said when he was inspired to write “Woman” in Bermuda, he wanted to create not just a love song to his wife Yoko Ono but also as an anthem to the female presence in the world, “Rolling Stone” magazine reported this week (Dec. 23). Written in Bermuda during the summer of 1980, “Woman”... Read more of this article
New Model Could Lead To Price Changes
The new hurricane model being introduced by California-based Risk Management Solutions could lead to changes in Bermuda re/insurers’ price structure, a ratings agency specialist has said (Dec. 29). Taoufik Gharib, director and reinsurance specialist for S&P’s Rating Services in New York, told a recent industry conference the new RMS hurricane model being... Read more of this article
