Author Archive: Bernews1

People’s Campaign March To Be Held Tomorrow

[Updated] The “People’s Campaign for Equality, Jobs and Justice” will hold their March & Rally tomorrow [May 1], with entertainment starting at 11.00am at Victoria Park. The Campaign was launched earlier this month, with flyer being passed out at the launch saying, “The People’s Campaign for Equality, Jobs, and Justice is a coalition... Read more of this article

PLP: Deep Sea Mining Would Diversify Economy

“Deep sea mining represents the opportunity to add millions of dollars to our economy and assist in paying down the national debt all while protecting existing jobs and creating new opportunities for Bermudians,” Shadow Minister Glenn Blakeney said. Deep sea mining is a relatively new industry which involves extracting minerals, metals... Read more of this article

AXIS Reports First Quarter Income Of $137M

Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the three months ended March 31, 2014, of $137 million, compared with $303 million for the corresponding period of 2013. Operating income1 for the first quarter of 2014 was $137 million, or $1.24 per diluted common share, compared with $227 million,... Read more of this article

Opposition Announces Shadow Cabinet Shuffle

[Updated with video + full speech] Opposition Leader Marc Bean announced a Shadow Cabinet shuffle this morning [Apr 30], with numerous Opposition MPs taking on new roles. David Burt [Finance], Lawrence Scott [Transport] and Michael Weeks [Community & Sports] will retain their Shadow portfolios, while the remaining Shadow Ministers have all been... Read more of this article

Casino Referendum Petition Closing In A Week

The petition calling for a referendum on casino gambling will remain open for another week before it closes and a final number is released. During the run up to the 2012 General Election, the One Bermuda Alliance pledged to hold a referendum on casino gambling in Bermuda, and in November 2013, the Government tabled the Referendum Act 2013. However,... Read more of this article

RenaissanceRe Post Q1 Net Income Of $151M

Bermuda-based RenaissanceRe Holdings Ltd. reported net income available to common shareholders of $151 million, compared to $190.5 million in the first quarter of 2013. Operating income available to RenaissanceRe common shareholders was $136.1 million, or $3.20 per diluted common share, for the first quarter of 2014, compared to $176.2 million or $3.91,... Read more of this article

Mark Pettingill Meets With U.S. Attorney-General

Attorney-General Mark Pettingill had a sit down meeting with the United States Attorney-General Eric Holder today [Apr 29] in London at the Ukrainian Forum to discuss a number of issues including civil asset recovery as a result of corruption. A spokesperson said, “The Bermuda discussion on the legalization and importation of medical marijuana... Read more of this article

Police Officer Injured In Motorcycle Collision

[Updated] A police officer was injured this afternoon [Apr 29] following a motorcycle collision in the East Broadway area at around 2.20pm. Police Media Manager Dwayne Caines said, “At 2.20pm, police responded to a report of a single road traffic collision that took place in the area of Berry Hill Road and East Broadway. “It appears that... Read more of this article

OBA Meeting To Elect Two Deputy Chairpersons

The One Bermuda Alliance will be holding a Special General Meeting tomorrow [Apr 30], at Party Headquarters on Reid Street, from 10 am to 6 pm, to elect two Deputy Chairpersons. Running on joint tickets for the positions are Sen. Lynne Woolridge and Pastor Sylvia Hayward-Harris as one team and Karen Magnum and MP Susan Jackson as the other. A statement... Read more of this article

Three Sub-Post Offices To Close On Nov 1st

[Updated with video] Three sub-post offices — St David’s, Harrington Sound and Somerset Bridge — will be closing effective November 1st 2014, Minister of National Security Michael Dunkley said today. The Minister said, “The public will recall that the SAGE Commission’s Final Report of October 2013 addressed the lack of... Read more of this article

Walton Brown Calls For “Silent Sit-In” Over Cuts

Shadow Minister for Education, Walton Brown is today calling for a “Silent Sit-in” in a campaign to persuade the Government to restore funding for the Further Education Awards to its 2012 levels. The “Silent Sit-in” will take place Tuesday May 6 at 12 noon at the public park located on the Cabinet grounds. The PLP said, “In... Read more of this article

Opinion: Marc Daniels On ‘Real Bermudians’

[Opinion column written by PLP Senator Marc Daniels] I am a proud Bermudian. Both European and African blood runs through my veins. Notwithstanding my ‘mixed-racial’ lineage, I will not profess to share the purported expertise that former OBA Senator, Toni Daniels, has recently expressed. To suggest that being ‘mixed-race’ would offer me greater... Read more of this article