Hashtag: #JohnSwan

‘Borrowing Is Short-Term Stop-Gap’

‘Borrowing Is Short-Term Stop-Gap’

Former Premier and businessman Sir John Swan and political commentator Larry Burchall released a reply to the 2012/13 Budget released yesterday [Feb.24] by Premier and Finance Minister Paula Cox. “Government is planning to spend $1,081,700,000 while projecting revenue of $909,634,000. That leaves a shortfall of $172,100,000,” said the statement. “Borrowing... Read more of this article

Sir John: Economic Stimulus Proposals

Sir John: Economic Stimulus Proposals

Everything from abolishing work permit limits for key International Business employees to dropping the requirement for firms competing in the local economy to be at least 60 percent Bermudian owned will be up for discussion at a public forum on stimulating the island’s economy. Hosted by former Premier Sir John Swan and political and economics... Read more of this article

“Personnel Costs Must Be Reduced”

“Personnel Costs Must Be Reduced”

[Written by Sir John.Swan and Larry Burchall] In the 12 December 2011 Pre-Budget Report (PBR) and Ministerial Statement (MS), the Finance Minister acknowledged the depth of Bermuda’s economic situation. The Minister recognizes that revenue is unlikely to improve substantially and that even after spending cuts, planned spending levels will still stay... Read more of this article

Opinion: ‘Financial Centre Is The Future’

Opinion: ‘Financial Centre Is The Future’

[Written by Larry Burchall & Sir John Swan] Bermuda’s future lies in establishing itself as a Mid-Atlantic Financial Centre. This means that Bermuda and Bermudians must forever abandon the idea of reviving Tourism to the state and status that Tourism occupied between 1920 and 1990. Following is a comparison between the contribution made by Tourism... Read more of this article

ZBM Let’s Talk: Swan & Burchall

ZBM Let’s Talk: Swan & Burchall

On tonight’s [Oct.31] ZBM-TV “Let’s Talk’ show, interviewer Gary Moreno is scheduled to host ex-Premier Sir John W Swan and columnist Larry Burchall. The two men have recently teamed up and have presented a combined opinion article that deals with Bermuda’s economy. In recent statements and writings, senior statesman Sir... Read more of this article

Foreign Workforce Effect on GDP

Foreign Workforce Effect on GDP

[Written by Sir John Swan and Larry Burchall] We would like to thank the Bermuda Public for the support that the Regeneration of Bermuda’s Economy initiative has received. Coming out of all of the comments, suggestions and queries, one area that stood out as requiring further clarification is the aspect of why International Business (IB) and the foreign... Read more of this article

ABIC Backs Sir John’s Economic Initiative

ABIC Backs Sir John’s Economic Initiative

International companies based on the island came out today to publicly back former Premier Sir John Swan’s initiative to reverse ongoing economic stagnation. The Association of Bermuda International Companies [ABIC] said the Progressive Labour Party Government’s protectionist policies “could be detrimental to Bermuda’s long-term prospects”. Last... Read more of this article

Sir John Speaks About Historic US School

Sir John Speaks About Historic US School

Former Bermuda Premier Sir John is among the notable alumni interviewed in a forthcoming documentary on the history of his trailblazing American preparatory school. Laurinburg Institute is a traditionally black prep school in Laurinburg, North Carolina. The school was founded in 1904 at the request of African-American educator and politician Booker... Read more of this article

Sir John: Bermuda’s Economy in Crisis

Sir John: Bermuda’s Economy in Crisis

[Written by Sir John Swan] Bermuda’s Economy in Crisis “Tourism contributing less to Bermuda’s economy” “Don’t expect food prices to fall any time soon” “Government to allow access to pension funds for tenants in rental arrears“ “Immigration policy threatens recovery” “Lost dividends cut off income stream in Bermuda economy” “If... Read more of this article

Sir John Shares Bermuda’s Experiences

Sir John Shares Bermuda’s Experiences

Former Bermuda Premier Sir John.Swan shared the island’s experience with off-shore business development and discussed global events which could impact on small territories when he spoke to a conference in the British Virgin Islands yesterday [Jan. 19]. Entitled “Embracing the New Normal”, the one day conference held at the exclusive... Read more of this article

Sir John Keynote Speaker At BVI Forum

Sir John Keynote Speaker At BVI Forum

Former Bermuda Premier Sir John.Swan is the keynote speaker at an upcoming seminar in the British Virgin Islands focussing on the challenges which lie ahead for small, off-shore international business domiciles given a recession-battered, increasingly regulated global economy. The one-day conference organised by “Business BVI” magazine is... Read more of this article

Living Links: Alexandrina Hall & Swan Building

Living Links: Alexandrina Hall & Swan Building

[written by Larry Burchall] Living Links appear in unexpected places. Standing on the hillside on the Court Street side of the House of Assembly grounds and looking east, you can see a living link between Bermuda’s heritage and past, and Bermuda’s present and future. On that hillside, looking east, the closest and biggest building that you see is... Read more of this article

Sir John Swan to Ford: “Why Pick On Bermuda?”

Sir John Swan to Ford: “Why Pick On Bermuda?”

Former Bermuda Premier Sir John Swan pulled no punches when questioning former American congressman Harold Ford. Mr. Ford was the keynote speaker at the Bermuda International Business Association [BIBA] Annual General Meeting held today at the Fairmont Hamilton Princess. The former Congressman and NBC and MSNBC television news analyst has already come... Read more of this article