Author Archive: Bernews1

Photos: New Frozen Yogurt Store Opens Doors

Carlos and Regina Francis opened the doors of “Yo Cherry” at 12 noon today [Sept 27], with the first customers making their way to the self serve frozen yogurt store located on Bermudiana Road. Their operating hours will be 8:00 am until 10:00 pm Mondays, Tuesdays & Thursdays, 8:00 am until 12:00 am Wednesdays, 8:00 am until 3:00 am... Read more of this article

Photos: CedarBridge Academy’s Mad Hair Day

CedarBridge Academy joined in the effort to raise money for improved cancer treatment on the island today [Sept 27] taking part in the second annual PALS Mad Hair Day event, providing people the opportunity to donate $5 and wear their hair in a mad or crazy way for a day in the name of a worthy cause. Students and teachers alike joined in the fun fundraising... Read more of this article

Marc Bean On Collaboration & Self-Determination

[Written by Opposition Leader Marc Bean] I wish to address two terms that have become buzz words as of late: Collaboration and Self-Determination. The PLP is on record stating our wish to move Bermudians forward via co-operation and self-determination as explained in my recent address to the nation. At that time, I said, “It is the time for leadership,... Read more of this article

Scott: Four Grand Atlantic Proposals Shortlisted

Minister of Community, Culture and Sports Wayne Scott spoke in the House of Assembly today [Sept 27], providing an update on the Grand Atlantic Development. The Grand Atlantic property was planned as a housing development, with the listed prices for the 78 units ranging from $495,000 – $665,000. Only one unit sold in the first six months, and some... Read more of this article

Heavy Rain Causes Customs System Disruption

The Department of Customs has advised that, due to the heavy rainfall yesterday [Sept 26], the Department has experienced systems issues that has lead to a disruption to the normal processing of Bermuda Customs Declarations [BCDs] in the Hamilton Longroom through the Customs Automated Processing System [CAPS]. A spokesperson said, “A temporary... Read more of this article

Minister, Opposition Leader On Inaccuracies

[Updated] Environment Minister Sylvan Richards and Opposition Leader Marc Bean exchanged words in the House of Assembly today [Sept 27] with both accusing each other of making inaccurate statements. Minister Richards said the total amount spent on the National Infrastructure Plan to date is $58,181 which is a “far cry from the inaccurate $500,000... Read more of this article

Opposition: “Keep Safeguards In Place In Act”

In advance of today’s [Sept 27] second reading of Government’s Incentives for Job Makers Act 2013, the Opposition — via an email blast — rallied their members to contact their relevant OBA MP to “keep safeguards in place in the Act to promote opportunities for all Bermudians.” “The OBA’s ‘Incentives... Read more of this article

Charity Beach Bash Features Local Entertainers

The Family Centre has partnered with the Fairmont Southampton for their 4th Annual Beach Bash fundraising event on Friday, October 4th at the Fairmont Southampton Ocean Club. The ocean will be the backdrop for a line up of local performers including the Kennel Boys, Andrew Chamberlain, Sheila Smith, BONES, James Richardson, Rockfire Productions, and Mia... Read more of this article

Teekay To Acquire Second LNG Carrier

Bermuda-based Teekay LNG Partners L.P. has agreed to acquire a second 155,900 cubic meter liquefied natural gas [LNG] carrier newbuilding from Awilco LNG ASA, a Norway-based owner and operator of LNG carriers. The vessel, the second of two vessels to be acquired by the Partnership from Awilco, is currently under construction by Daewoo Shipbuilding &... Read more of this article

XL Estimate Germany, France Hailstorms Loss

XL Group said its preliminary net loss estimate related to the series of hailstorms in Germany and France in late July 2013 is about $60 million, pretax and net of reinsurance and reinstatement premiums. The majority of these losses relate to the Reinsurance segment, the Company said According to catastrophe modeling firm AIR Worldwide, losses for... Read more of this article

S&P Lowers Ratings: Butterfield, HSBC Bermuda

[Updated] Citing a “persistent weakness in the economy,” Standard & Poor’s today [Sept 26] lowered the long-term issuer credit ratings on HSBC Bermuda and Bank of Butterfield, and said the outlooks on both banks is negative. S&P said, “These actions primarily result from our view that economic risks for Bermudian banks have... Read more of this article

Postponed: Tonight’s Public Forum At St Paul

The public forum due to be held at 7.30pm this evening [Sept 26] at St Paul’s Centennial Hall has been postponed due to the inclement weather, which has seen heavy rainfall, some area flooding, and the suspension of both the St George’s and Somerset ferries. Panelists at the public forum — called “Achieving social justice in... Read more of this article