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EIU On SAGE: “Political Risks Would Be High”
According to the Economist Intelligence Unit [EIU], the “political risks of attempting to implement the full SAGE recommendations would be high for the OBA.” The SAGE Report was released in November 2013, and recommended that expense reductions in the first year equal $65 million; in the second year $80 million; in the third year $85 million;... Read more of this article
Economist Intelligence Unit Bermuda Analysis
Bermuda has recorded its strongest first half for new company formations for five years, however many of the companies being formed are “investment holding companies, which contribute little to the local economy in terms of employment or government revenue,” the Economist Intelligence Unit said. In a recent analysis, the EIU said: “Bermuda... Read more of this article
