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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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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Bermuda to get female Deputy Governor

HAMILTON, Bermuda, CMC -- Bermuda, Britain's most populous Overseas Territory (OT), is to get a female Deputy Governor who has served in the Pitcairn Islands, Britain's smallest OT, Government House announced on Thursday. Governor George Fergusson announced career diplomat Ginny Silva will ...
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Bermuda government accused of “sheer hardheadedness”

HAMILTON, Bermuda, CMC -- The six-month-old One Bermuda Alliance (OBA) government has been accused of "sheer hardheadedness" by an independent legislator after it lost three votes in the last two parliamentary sittings. Former leader of the now defunct United Bermuda Party (UBP), Kim Swan, says gove...
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Bermuda to borrow $800 million to cover budget deficits

HAMILTON, Bermuda, CMC -- Finance Minister Bob Richards announced on Thursday that his One Bermuda Alliance (OBA) government is to borrow up to US$800 million to cover budget deficits for the next three years. Richards told the media that borrowing for the medium term in the current low interest ra...
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Premier rules out gay marriage in Bermuda

HAMILTON, Bermuda, CMC - Premier Craig Cannonier has ruled out gay marriage in Bermuda, declaring “under my leadership, that will not happen”. Cannonier, 50, who came to office in December, praised lawmakers for backing an amendment to human rights law in the House of Assembly last Frid...
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