Author Archive: Bernews1

Two Fishermen Die After Boat Strikes Reef

[Updated with photos/videos] The Bermuda Maritime Operations Centre confirmed that two bodies were recovered from the water off St. David’s Battery early this morning [Jan.24]. The official statement said that at approximately midnight the Bermuda Maritime Operations Centre received a call from a 27-foot fishing vessel with two persons onboard, who... Read more of this article

Man Hospitalized After Assault

A 37-year-old Somerset man is in stable condition on a general ward after being assaulted on Sunday night [Jan.22] in the area by Leopards Club. A police spokesperson said, “Around midnight on Sunday, January 22nd police responded to a reported assault in the area of Angle Street and Brunswick Street in Pembroke. “It appears that the victim,... Read more of this article

Ex-CIA Director To Speak In Bermuda

Business Bermuda today [Jan. 24] announced former US Central Intelligence Agency director R. James Woolsey will be the keynote speaker at its forthcoming annual general meeting. Mr. Woolsey [pictured] will speak on the subject of “The Global Web: Security through Interconnectivity” at the February 22 event being held at the Fairmont Hamilton... Read more of this article

Taxi Driver Remanded: Cocaine Charge

Yesterday [Jan.23] a 37-year-old taxi driver who was found in possession of over $13,000 worth of cocaine while in his taxi was remanded into custody pending sentencing. Hewvonnie Brown pleaded guilty to possession of 42.3 grams of cocaine, said to have a street value of over $13,000. In addition, he was found to have a scale, a box of clear Ziploc... Read more of this article

Photos/Videos: Baby Boutique Opens

Saturday [Jan.21] was the grand opening of the Heaven Sent Baby Boutique, a new store focusing on providing all the essential needs for newborns and toddlers. Located at 5 Elliot Street in Hamilton [right next door to Wee Care Pediatrics] the store offers “gently used items catering to every budget.” “Every season a child needs new... Read more of this article

Man Arrested For Impaired Driving

Yesterday morning [Jan.22] police arrested a 37-year-old man on suspicion of drunk driving. A police spokesperson, “Around 3:30am on Sunday January 22nd, police officers on mobile patrol along Middle Road, Paget noticed a car that was driving in an erratic manner near the junction with Chapel Road. “The driver, a 37 year old Warwick man... Read more of this article

City’s ‘Revolutionary’ Union Agreement

The City of Hamilton today [Jan. 23] announced it has signed a “revolutionary” Collective Bargaining Agreement for its management group with the Bermuda Public Services Union. Making the announcement, Hamilton Mayor Charles Gosling. Mayor Gosling stated, “The negotiation for the management group at the City of Hamilton was a revolutionary... Read more of this article

Chewstick’s Bakatown Film Festival

The Chewstick Foundation will be holding their 1st Annual Bakatown Short Film Festival starting Thursday, January 26th and continuing through to Saturday, January 28th. The 1st edition of the Bakatown Film Festival promises to be one of the best ever, as Chewstick will host a series of events celebrating local film culture, storytelling and production,... Read more of this article

Taxis: Six Month GPS Grace Period

[Updated with video] Transport Minister Derrick Burgess today [Jan. 23] announced a six-month grace period for Bermuda’s taxi drivers to have any faulty Global Positioning Systems in their vehicles repaired. Mr. Burgess said the move had been taken because “numerous” drivers had approached the Ministry saying they cannot currently... Read more of this article

New Tax Agreements: Turkey & Korea

[Updated] Bermuda today [Jan. 23] signed Tax Information Exchange Agreements [TIEA] with both Turkey and the Republic of Korea. The agreement was sıgned by Mehmet Kilci, Presıdent of Revenue Admınıstratıon for Turkey and Premier and Finance Minister Paula Cox. A Government spokesman said the TIEA provides a full exchange of informatıon on crımınal... Read more of this article

A.M. Best Analysts Upgrade Arch

Ratings agency A.M. Best Co. has upgraded the financial strength ratings [FSR] to A+ [Superior] from A [Excellent] and the issuer credit ratings [ICR] to “aa-” from “a+” of Bermuda’s Arch Reinsurance Ltd., its strategic affiliates and its separately rated affiliate, Arch Specialty Insurance Company. A.M. Best also has... Read more of this article

Canadian Academic On BSX Deal

A Canadian academic who has written a highly-critical book about offshore financial centres today [Jan. 23] derided the recent decision by that country’s TMX Group’s to buy a stake in the Bermuda Stock Exchange. University of Quebec sociologist Alain Deneault — author of 2011′s “Offshore: Tax Havens and the Rule of Global... Read more of this article