BERMUDA-TOURISM-Staff layoffs as Department of Tourism set to close

HAMILTON, Bermuda, CMC - The government-run Department of Tourism, which employs around 40 workers here and in New York, is to be abolished on October 1 as the new independent Tourism Authority gets ready to swing into action. Tourism Minister Shawn Crockwell has travelled to the United States to de...
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ECCB takes control

THE VALLEY, Anguilla, CMC – The St. Kitts-based Eastern Caribbean Central Bank (ECCB) says it has assumed control of two indigenous banks in Anguilla noting the move is designed to ensure the stability of the banking system in the entire Eastern Caribbean Currency Union (ECCU). ECCB Governor S...
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No quick fix to our problems says Premier

HAMILTON, Bermuda, Jul 9, CMC - Premier Craig Cannonier has reiterated a warning that recovery for Bermuda's reeling economy, which has been in recession for more than four years, would take time and effort. Cannonier, made the statement in a televised address late Monday as he summed up the On...
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Second LIAT ATR arrives in Antigua

ST JOHN’S, Antigua – Another ATR 72-600 aircraft has been received by LIAT. The 68-seater plane arrived in Antigua yesterday at 2:45 pm, a little over three weeks after the first one arrived at the VC Bird International Airport. Six more ATRs will be introduced into LIAT’s fleet an...
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BERMUDA-FINANCE-Job cuts at Butterfield Bank

HAMILTON, Bermuda, CMC - Six employees from the Operations and Custody Departments at the Bank Butterfield have been made redundant and a further ten redundancies will be made in August. Senior Executive Vice President, Micahel Collins who made the announcement on Wednesday said there were three re...
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BERMUDA-LABOUR-Workers tight-lipped over new contract

HAMILTON, Bermuda, CMC – Many people including tourists were left stranded Tuesday after unionised government staff downed tools to attend a meeting to discuss a new employment contract, disrupting bus and ferry service for several hours. The workers gathered at the Seventh-day Adventist Churc...
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