Archive for December 2nd, 2011
Video: Ethiopian Church’s Christmas
Bermuda’s Ethiopian Orthodox Church is inviting locals heading to the East End tonight [Dec. 2] for the National Trust Christmas walkabout to visit the Debra Ganet Immanuel Cathedral to learn about their traditions — including the fact they do not officially celebrate until next month. Ethiopia still follows the ancient Julian calendar,... Read more of this article
Women’s Futsal League Results
The Women’s Futsal League kicked off this past weekend at the Bermuda College Gym PHC 9 Hamilton Parish 0 Kali Lespere scored five times to lead PHC to victory over Hamilton Parish, Coyshea Fox scored a hat-trick and Keunna Dill added the other. Robin Hood 5 Dandy Stars 3 Precious Smith scored five times for Robin Hood, while the Dandy Stars got... Read more of this article
Bermuda Technology Report 2010
Today [Dec.2] the Department of Statistics released its annual Information and Communication Technologies [ICT] report with highlights for the year 2010. According to the report, in 2010 almost 90 percent of all companies used computers in the daily operations and over 80 percent used the internet. Although just under half [47%] of all businesses have... Read more of this article
Florida Lawmakers Protest Neal Bill
Republican lawmakers from Florida have joined with the Association of Bermuda Insurers & Reinsurers to renew concerns about the potential high cost of raising US taxes on offshore insurers. In a letter to the leadership of the Congressional Ways and Means Committee, nine members of the Florida Congressional delegation asked the tax-writing panel... Read more of this article
Minister Blakeney: Human Rights Reforms
Legislation is being tabled in the House of Assemby today [Dec.2] to bring the Bermuda Human Rights Commission into line with international standards, Youth, Families & Sports Minister Glenn Blakeney [pictured] has said. Working in conjunction with the Department of Human Affairs, the Minister will introduce The Human Rights Amendment [No.2] Act... Read more of this article
Bermuda Casino Policy Backlash?
Major cruise lines may be pulling out of Bermuda in a bid to pressure Government to allow their casinos to open while in port here, a nationally syndicated Canadian columnist says today [Dec. 2]. Phil Reimer, whose “Ports & Bows” column on the cruising industry appears in newspapers across Canada run by Postmedia, says Bermuda’s... Read more of this article
2012: End-to-End Selects Seven Charities
The Bermuda End-to-End has chosen seven charities to be supported by the funds from the May 5, 2012 Catlin End-to-End event. The annual event, now in its 25thyear, raises pledge dollars from more than 2,500 dedicated and generous participants who navigate the roads, waterways and trails of the island during the first Saturday in May. “Every year,... Read more of this article
BSX Approves Listing Of Loan Notes
The Bermuda Stock Exchange [BSX] listing committee today [Dec.2] announced the approval for up to 200 Unsecured Variable Rate Loan Notes of $500,000 each maturity date 30 September 2013 under the Exchange’s provisions for Restricted Marketing to Qualified Investors and Section V of the BSX Listing Regulations pertaining to International Issuers of... Read more of this article
Students Charged: Drug Possession
18-year-old Kiarron Minks and another teenager aged under 18 appeared in Magistrates Court earlier this week charged with offences involving illegal drugs, some of which occurred on school property. One pleaded guilty, while the other pleaded not guilty and will go on trial in January 2012. Senior Magistrate Archie Warner first dealt with 18-year-old... Read more of this article
SEC Thanks Bermuda Monetary Authority
The US Securities & Exchange Commission [SEC] has publicly thanked the Bermuda Monetary Authority for its assistance in uncovering an alleged multi-million dollar fraud being run by a New York hedge fund. British hedge fund manager Michael Balboa, 42, was arrested Thursday [Dec.1] in New York and charged with overvaluing the assets of the Millennium... Read more of this article
Analyst: ‘Bermuda Remains Viable’
Bermuda’s reinsurance market is down but not out after taking beating a heavy beating from this year’s string of global catastrophes including the Japanese earthquake and tsunami [pictured] industry journal “Property Catastrophe 360″ reported this week [Dec. 1], “The Bermuda market is predominantly a catastrophe-driven model... Read more of this article
Great Scot! Whale Book’s A Shetland Hit
Local researcher Andrew Stevenson’s new book about humpbacks in Bermuda’s waters is now being promoted as the Christmas gift to get for the Scotsman who has everything. The country’s “Shetland Times” includes Mr. Stevenson’s recently published “Whale Song: Journeys into the Secret Lives of the North Atlantic... Read more of this article
