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When the Throne Speech is delivered tomorrow, the Government is likely to strike a balance between laying out its policy and legislative plans for the year and the philosophy underpinning them. Some past speeches have been longer on philosophy than ...

This year, global central bank monetary policy tightening has caused the most damage to conservatively managed investment portfolios in over hundred years, according to a recent study by Bank of America. Federal Reserve chairman, Jerome Powell and h...

In 2022, Latin American and Caribbean countries are facing the effects of a series of shocks that have deteriorated their investment and production conditions, including the global financial crisis, economic tensions between major poles of the global...

Members of the community expressed disappointment with the "appalling“ state of Bermuda’s economy during a town hall meeting on the high cost of living, according to an economist on the panel. Robert Stubbs, head of research at think-tank Seed Bermu...

The Government is pressing ahead with plans to revitalise the economy — but does not have “a magic wand” to bring about instant progress, according to the Premier. In an interview with The Royal Gazette this week, David Burt revealed that a deal to d...

Jason Hayward, the Minister of Economy and Labour, has refused to fully explain an apparent discrepancy in inflation figures which suggest a big increase in the fuel and energy sector. Mr Hayward was first quizzed about the apparent discrepancy – con...

Dear Sir, Beverly Connell’s excellent and well-researched comments in her letter in today’s paper (October 13, 2022) should be an urgent rallying cry to all of us — not just our political leaders. It is more than alarming that our futures are being j...

Farmers have poured cold water on government plans to develop a vertical farming industry on the island. Jason Hayward, the Minister of Economy and Labour, unveiled the initiative at a press conference last month, claiming that — on the advice of con...

Dear Sir, As many of us are aware, several town halls are being held on the cost of living here in Bermuda. It is an issue that gets right to the core of what is wrong with our society. Be it the increasing levels of crime, the diminishing opportunit...

Dear Sir, It was good to read that the budget deficit for the 2021-22 financial year is expected to be less than forecast: government deficit predicted to be $44 million less than original forecast (The Royal Gazette). The following Q&A explains why...

For the second time in little more than a year, Moody’s Investors Service has downgraded the rating for the Government of The Bahamas, this time because of a higher degree of government liquidity risk. The long-term issuer and senior unsecured rating...