All Stories All Stories en-us Bermuda open for business Traditional barriers in Bermuda are to come down as the island opens some doors in a bid to boost the economy with foreign investment. David Burt, the Premier and Minister of Finance, announced an end to the 6040 rule to guarantee Bermudian majority ownership of island businesses. Now only 40 per cent Bermudian ownership will be. .. Sat, 17 Feb 2018 08:00:00 EST Stay aware of US tax resident boundaries This is the final article of a three-part series discussing when a foreign national, such as a Bermudian or Bermuda resident, can be classified as a US tax resident under US tax regulations. This week is focused on what happens when a Bermudian inadvertently becomes a US tax resident by breaching the substantial presence. .. Sat, 17 Feb 2018 08:00:00 EST Hill proves a big hit with youngsters Clarence Hill returned to his old stamping ground at the Hamilton Community Centre yesterday to deliver a moving speech to primary school students. During the 30-minute lecture and question-and-answer session the Olympic bronze medal-winner and Bermuda Sports Hall of Fame boxer revealed how he ran away from home aged 11 and took refuge. .. Sat, 17 Feb 2018 08:00:00 EST Imam preaches peace, love and harmony Its not every day Bermudas Muslim community gets to hear the teachings of an internationally recognised lecturer and author. They will get such a chance next week, when Imam Mustafa El-Amin visits the island for the first time. The author of eight books on Islamic faith, family relationships and Afrocentricity, lives in New. .. Sat, 17 Feb 2018 08:00:00 EST Burt faces PLP opposition over 6040 rule David Burt conceded he will face opposition from within his own camp as he outlined plans to reform the business ownership 6040 rule. In yesterdays Budget Statement it was announced foreigners, who could previously only own 40 per cent of a business, would now be able to own up to 60 per cent. Mr Burt, the Premier and Minister of. .. Sat, 17 Feb 2018 08:00:00 EST Cautious welcome for new sugar tax The Bermuda Diabetes Association welcomed the inclusion of a sugar tax and a cut in duty rates for healthy items in the 2018-19 Budget yesterday, but emphasised the need for education on healthy eating habits. Chairwoman Debbie Jones said Education is key and education about eating healthy needs to be in the schools, workplace, grocery. .. Sat, 17 Feb 2018 08:00:00 EST Burt focuses on stimulus rather than austerity The Bermuda Government will borrow an extra 90 million in 2018-19 and put back the date to balance the budget by another year. David Burts maiden Budget yesterday focused on economic stimulation at the expense of austerity. One of the results is that the deficit will not be eliminated in 2019-20, as had been projected by the. .. Sat, 17 Feb 2018 08:00:00 EST A bold step to drag Bermudian economy into the modern world David Burt delivered an impressive maiden Budget statement yesterday, driven by an appreciation of economic reality, spiced with a touch of political boldness. As the Premier and Minister of Finance, he faced the largest test of his young political career against a backdrop of supporters baying for action to close the gap between the two. .. Sat, 17 Feb 2018 08:00:00 EST Popular mariner to be buried at sea A popular employee of the Department of Marine and Ports Services will be buried at sea tomorrow. A dockside service will be held for Tyrone Edwards on the fast ferry ltigtWarbaby Foxltigt at Albuoys Point at 11am before he is taken out to sea by pilot boat. However, his daughter, Tyneisha Somersall, and her husband,. .. Sat, 17 Feb 2018 08:00:00 EST Calling actors for Good Friday Walk TODAY The East End Ministerial Alliance of Churches Calling all actors and those interested in acting for our annual Good Friday Walk to Calvary presentation on March 30. If you are interested, please e-mail jafurbertgrottobay. com, junesfurbertgmail. com or philnellibl. bm or telephone 293-4311. Rehearsals take place every Saturday. .. Sat, 17 Feb 2018 08:00:00 EST Burt opens his Budget innings with a straight bat David Burt, the Minister of Finance and Premier, has a tough job. Nothing is easier than a critic who carries no responsibility to snipe from the sidelines and say what a rotten job he is doing. I have no intention to do that, and right from the start I would like to say that Mr Burt did a highly commendable job in presenting his first. .. Sat, 17 Feb 2018 08:00:00 EST Brown salutes PLP stalwart Phillips Eugene Phillips, a Progressive Labour Party stalwart, has been recalled by Ewart Brown, the former premier, as the spirit behind the seniors medical insurance scheme FutureCare. Dr Brown, along with his wife, Wanda, expressed heartfelt condolences at the death of Mr Phillips, of St Georges, at the age of 95. Dr Brown said that. .. Sat, 17 Feb 2018 08:00:00 EST New trash collection dates announced The new once-a-week garbage collection schedule will start on Monday. Dockyard to Church Road, Southampton, including Church Road, will be covered on Mondays. People from Church Road and areas up to and including Cobbs Hill Road from Harbour Road to South Road in Warwick will have their trash collected on Tuesdays. On. .. Sat, 17 Feb 2018 17:03:00 EST Fashion festival announced The annual Bermuda Fashion Festival is set to take place in July. Now organisers are calling on models, retailers and salons interested in taking part to sign up. A spokeswoman for the City of Hamilton said The Festival is celebrating its 9th year as one of the most highly anticipated events on Bermudas social calendar. Sat, 17 Feb 2018 15:37:00 EST Barbaras Barbados tournament will be great experience A large contingent of local players travelled to Barbados last week to play in a tournament hosted by Barbara Seagram I have not been able to get any results online but hopefully will be able to bring you news of any good performances in next weeks column. I believe that all but two of the travelling contingent have less than 300. .. Sat, 17 Feb 2018 08:00:00 EST Kevin Maybury, February 17, 2018 Sat, 17 Feb 2018 08:00:00 EST Seven jobs lost at TBi A number of jobs have been axed at TeleBermuda International. The company has not stated how many staff are affected but it is believed seven posts have been lost. TBi confirmed that jobs had gone and said it did not anticipate any more redundancies in the near future. The company, which provides voice and internet services,. .. Sat, 17 Feb 2018 08:00:00 EST Notional salaries set to be targeted The Bermuda Government stands to reap millions by tightening payroll tax on notional salaries in owner-managed businesses. Branded an often-abused part of the payroll-tax system by David Burt in his Budget speech, notional salaries were estimated to yield 10 million of tax revenues for the coming fiscal year. As a form of income. .. Sat, 17 Feb 2018 08:00:00 EST Nesbeth at double as Under-17s bounce back The Bermuda Under-17 girls team bounced back from an 8-0 defeat to an under-19 select team on Wednesday to beat Montverde Academy 3-1 in their second match in Florida yesterday. Jaden Masters gave Bermuda the lead late in the first half. The home side equalised soon after the restart, before substitute LeiLanni Nesbeth netted twice to. .. Sat, 17 Feb 2018 08:00:00 EST Is it wise to quit a job for school? Dear Dave,My wife and I have 72,000 in debt from student loans and a car loan. Were trying to pay off our debt using the debt snowball system, and we each make about 45,000 a year. Shes a teacher, and shes planning on going back to school for her masters degree, but shes thinking about quitting her job to do this. Shell be able. .. Sat, 17 Feb 2018 08:00:00 EST BTA releases three years of pay details A massive salary of up to 320,000 plus an incentive bonus of up to 30 per cent made the chief sales and marketing officer at the islands tourism authority its highest-paid earner in 2016, new figures revealed yesterday. The figures were announced as David Burt, the Premier and Minister of Finance, gave the authority a Budget increase of. .. Sat, 17 Feb 2018 08:00:00 EST Raynor hopeful for Carifta medal chances Bermudas Carifta Games hopefuls will have another chance to make qualifying standards when a two-day meet is held this weekend at the National Sports Centre starting at noon today. So far nine athletes have achieved qualifying standards for the trip to Bahamas next month and Donna Raynor, the Bermuda National Athletics Association. .. Sat, 17 Feb 2018 08:00:00 EST Hospital subsidy seen as stopgap measure The Governments plan to reinstate a 25 million subsidy to the Bermuda Hospitals Board is not enough to bring islands hospitals back to a healthy financial position, a spokeswoman warned yesterday. She added that the grant would help delay the impact of unsustainable decline in the BHBs revenue but would not halt the decrease on its. .. Sat, 17 Feb 2018 08:00:00 EST Smith pounces for a point Bermuda team-mates Keishae Robinson and Chrysda Smith ensured the spoils were shared as Budgies and Ravens played out a rip-roaring 1-1 draw at the National Sports Centre last night. Robinson put Budgies in the lead with 21 minutes remaining as she lashed a shot in from the edge of the shooting circle from a penalty corner. But Smith was. .. Sat, 17 Feb 2018 08:00:00 EST Pensions to rise at rate of inflation Seniors will see their pensions rise at the same rate of inflation for the rest of the Progressive Labour Partys tenure. However, Charles Jeffers, an advocate for the elderly, warned that seniors would continue to struggle because of the soaring costs of medicine and groceries. Delivering the Budget for 2018-19 yesterday, David. .. Sat, 17 Feb 2018 08:00:00 EST Club on track for great day The Bermuda Motorcycle Racing Clubs Open Track Day takes place tomorrow at the Rubis Southside track. We will have our track open from 1-5pm, free entry and will have lots going on, the club said. One of our drifter bikes will be available to the public to try out. I believe this will be the first public appearance for the drifter. .. Sat, 17 Feb 2018 08:00:00 EST Reliable public transportation a key priority David Burt has pledged 3 million to help bolster Bermudas battered bus fleet. The Premier and Minister of Finance said during his Budget Statement Rebuilding the bus fleet is a priority for this Government as we support public transport. He said the 3 million would be used to purchase eight new buses. The money formed. .. Sat, 17 Feb 2018 08:00:00 EST Sport Scoreboard, February 17, 2018 For the latest results from Bermuda and around the world, click on the PDF link under Related Media Sat, 17 Feb 2018 08:00:00 EST Taxi drivers to pay new 1,000 annual charge A change to payroll taxes for taxi operators is being praised by the president of an island organisation. Difficulties collecting tax from drivers meant only 350,000 of the expected 1. 2 million yield was achieved last year. David Burt, the Premier and Minister of Finance, announced an annual charge of 1,000 will now be. .. Sat, 17 Feb 2018 08:00:00 EST Ferguson explains challenge to civil unions A Bermudian who is challenging the gay marriage ban has spoken of his heartache that Bermuda has moved backwards while other countries become more progressive. Rod Ferguson, 38, filed a lawsuit in the Supreme Court against the Attorney-General, claiming that the Domestic Partnership Act, which replaces same-sex marriage with civil. .. Sat, 17 Feb 2018 08:00:00 EST Burt praised for scrapping policies The Chamber of Commerce praised David Burt yesterday for scrapping outdated policies as Bermuda aims to compete in the modern world. President John Wight pointed to the relaxation of the business ownership 6040 rule, which will mean foreigners will be allowed to own 60 per cent of a business, up from 40 per cent. Mr Wight said. .. Sat, 17 Feb 2018 08:00:00 EST Focus on international business welcomed Leaders in the international business sector broadly welcomed the Budget. At the same time, the private sector was told it needed to do more to support Bermudas efforts to attract more international business to the island. Arthur Wightman, PwC Bermuda leader, said the lowering of the GDP growth estimate underscored the fragility. .. Sat, 17 Feb 2018 08:00:00 EST Accountant jailed for fleecing public purse An accountant who admitted laundering a fortune stolen from the Bermuda Government has been jailed for seven years and four months by the Welsh courts. Confiscation proceedings are now under way to recover the funds stolen from the island by Jeffrey Bevan during his time in the Bermuda Accountant-Generals office. Bevan, 50, from. .. Sat, 17 Feb 2018 08:00:00 EST XL rumours put focus on Bermudas future A three-week period featuring the sale of Validus to AIG, a major profits warning from Aspen and reports that XL is in takeover talks with Allianz has placed the future of the Bermuda market front and centre. The corporate developments follow disappointingly low rate rises in property lines at January 1. They also come hard on the. .. Fri, 16 Feb 2018 08:00:00 EST Murphy completes Winter Olympics milestone Tucker Murphy achieved a personal milestone after becoming only the second Bermudian to compete at three Winter Olympics in Pyeongchang, South Korea overnight. The 36-year-old athlete competed in the 15km freestyle cross -country skiing event at the Alpensia Cross Country Skiing Centre, where he placed 104th in a field of 118 competitors. .. Fri, 16 Feb 2018 12:33:00 EST Battle of the sexes when it comes to man flu ltbgtTis the season for man flu. Victims frequently go from a sniffle to deaths door, in an instant. Recovery can take weeks, and is only possible with lots of mollycoddling. Lifestyle spoke to readers about it. ltbgtPeter Jovetic insists man flu laid him out flat for two weeks last month. He didnt go to the. .. Fri, 16 Feb 2018 08:00:00 EST Live updates Budget 2018-19 David Burt, the Premier and Minister of Finance, today delivered the Budget Statement for 2018-19. Here are the main highlights This Budget will ease the burdens for the single mother and the struggling family with a tax cut that will increase their take-home pay, says Mr Burt in his concluding remarks. It will provide. .. Fri, 16 Feb 2018 10:15:00 EST Cannoniers OBA future in doubt One Bermuda Alliance MP Craig Cannonier has been described by sources close to the party as angry about a reshuffle that has returned Michael Dunkley, the former premier, to the Oppositions front ranks. Mr Cannoniers tenure as premier ended abruptly in May 2014 when he stepped down over the furore about the Jetgate political scandal,. .. Fri, 16 Feb 2018 08:00:00 EST Lawsuit launched over same-sex marriage A gay Bermudian who hopes to marry one day in his home country has launched a legal challenge against the Attorney-General for revoking his right to do so and subjecting him to inhuman or degrading treatment. Lawyers for Rod Ferguson, a single man who lives in the United States, filed a lawsuit yesterday afternoon with the Supreme. .. Fri, 16 Feb 2018 08:00:00 EST Maybury makes mark as new Gazette cartoonist Bermudian teacher and musician Kevin Maybury is drawing on all his talents for his new role as cartoonist for ltigtThe Royal Gazetteltigt. Mr Maybury is excited about the new post, but will take a different approach to the late Peter Woolcock. He said I really liked his work, but I dont look at it like I am trying to. .. Fri, 16 Feb 2018 08:00:00 EST What is blockchain? Biggest invention since the internet ltigtEverything will be tokenised and connected by a blockchain one day. ltigtltbgt Fred EhrsamltbgtRecently my mother asked me Whats all this fuss about blockchain and cryptocurrency? The question my mother asked is part of a broader discussion that is now happening in homes across our island every. .. Fri, 16 Feb 2018 08:00:00 EST Pair accused of trying to shoot man dead A jury heard how a man struggled with his would-be shooter in the middle of the street after being targeted in a daylight attack. Another man ran into the fray, but prosecutor Carrington Mahoney alleged he was attempting to help the shooter. The gunman fled after firing several shots, but had to abandon his motorcycle after crashing. .. Fri, 16 Feb 2018 08:00:00 EST Deloitte and PwC Budget snapshots Professional-services firms Deloitte and PwC today published their snapshots of the 2018-19 Budget statement a summary of the main points taken from David Burts maiden budget, delivered this morning in the House of Assembly. See both summaries under the Related Media heading on this webpage. Fri, 16 Feb 2018 15:03:00 EST Ingham backed to seize opportunity Emily Nagel, the Team AkzoNobel sail trimmer, is convinced that fellow Bermudian Mustafa Ingham has what it takes to become a Volvo Ocean Race sailor. Ingham is serving an apprenticeship with Team AkzoNobels Ocean Race rivals, Turn the Tide on Plastic, and is making steady strides alongside the most elite offshore sailors in the. .. Fri, 16 Feb 2018 08:00:00 EST Mysteries of Bermuda Triangle are unlocked A new exhibit about the mysteries of the Bermuda Triangle was unveiled at the Bermuda Underwater Exploration Institute yesterday. ltigtBermuda Triangle Unlock the Secretsltigt opened at the BUEIs Ocean Discovery Centre, with John Rankin, the Governor, Jamahl Simmons, Minister of Economic Development and Tourism, Walter Roban,. .. Fri, 16 Feb 2018 08:00:00 EST Spirit wins Tall Ships America award The Bermuda Sloop Foundation and the ltigtSpirit of Bermudaltigt have won the Tall Ships America Sail Training Programme of the Year 2017 award. A spokeswoman said The directors and staff of the Bermuda Sloop Foundation are delighted to announce that the Bermuda Sloop Foundation and ltigtSpirit of Bermudaltigt won the. .. Fri, 16 Feb 2018 21:30:00 EST Movie night in honour of Black History Month The Bermuda National Library and the US Consulate will host a screening of the film ltigtMarshallltigt next week in honour of Black History Month. The US Consulate said the film told the story of Thurgood Marshall as he travelled across the US on behalf of the National Association for the Advancement of Colored People, defending. .. Fri, 16 Feb 2018 20:55:00 EST Butterfield shares up 11.6 on BSX A day after Butterfield Banks shares rocketed more than 11 per cent on the New York Stock Exchange, there was a similar jump on The Royal GazetteBSX Index. The banks shares improved by 4. 55, or 11. 6 per cent, to 43. 80 after 15,594 changed hands. Butterfield Bank shares closed 51 cents, or 1. 14 per cent, lower at 44. 38 on the New. .. Fri, 16 Feb 2018 17:59:00 EST Man fined for fishing in protected area A St Georges man was fined 2,500 this morning after admitting fishing in a protected area. Arnold Pitcher, 34, pleaded guilty to attempting to take fish from a protected area last summer. Magistrates Court heard that Pitcher and another man were spotted aboard the vessel Cha Ching inside the Eastern Extended Grouper Protection. .. Fri, 16 Feb 2018 16:41:00 EST Man in court for child pornography charges A Devonshire man appeared in Magistrates Court this morning to face child porn-related charges. The man, who cannot be identified, was charged with eight counts of accessing child pornography. Court heard that the charges related to hundreds of pictures and videos, some displaying sexual content involving animals and bondage. Fri, 16 Feb 2018 16:42:00 EST Founders Day reminds us of union sacrifices Here in Bermuda, we have recently been experiencing the challenges that flow from trash not being collected. It is unsurprising and understandable that many, if not all of us, are upset about the trash build- up. After all, there is nothing positive about unsightly and smelly trash being left out for nearly a week. Much to their credit,. .. Fri, 16 Feb 2018 08:00:00 EST Insurers seek protection gap solutions There is a global insurance gap, and its a big one. Natural catastrophes caused 350 billion of economic losses last year, and of that only 134 billion, or 38 per cent, was covered by insurance. A bigger number has been calculated by Swiss Re, which in 2016 said the world faces a protection gap of more than 1. 3 trillion, based on the. .. Fri, 16 Feb 2018 08:00:00 EST Create easy and healthy habits every day For those of you with children, do you ever wonder how you can raise two children exactly the same way, but get two very different results? I have one who is cautious and one who is a risk-taker, one thats sensible and one that runs around with pants on her head thats English pants, not trousers. Oddly, its the cautious one. .. Fri, 16 Feb 2018 08:00:00 EST Disregard for visitors could hurt tourism Bermudas lack of speed-limit signs and speed cameras and complete disregard for hired scooter riders has come under fire from a tourist. Don Jones, a repeat visitor, contacted the Bermuda Tourism Authority to complain and the BTA forwarded it to ltigtThe Royal Gazetteltigts Drive for Change campaign. Mr Jones also. .. Fri, 16 Feb 2018 08:00:00 EST BAA and Paget renew hostilities BAA and Paget will meet for the second time in six days tomorrow night when the top two teams in the First Division battle for a place in the semi-finals of the FA Cup. BAA, who replaced Paget at the top of the table after a 5-0 win, will be looking to carry on from that performance last weekend at Southampton Oval. Paget, whose. .. Fri, 16 Feb 2018 08:00:00 EST Inconsistency in the way sugar tax is applied to products As Valentines Day is upon us, there tends to be a focus on all things sweet andor chocolate. Coincidentally, I just finished reviewing the Consultation document produced by the Governments Ministry of Health in connection with the proposed sugar tax. There are now six months left before this tax will become law. What stood out. .. Fri, 16 Feb 2018 08:00:00 EST Burts bill for personal staff is 227,000 The salary bill for David Burts two-member personal staff comes in at 227,000. Mr Burt, the Premier, said a total of four people were employed under the Premier and Opposition Leader Personal Staffs Act 1983. The information was revealed in responses to questions posed by Jeanne Atherden, Leader of the Opposition, in Parliament. .. Fri, 16 Feb 2018 08:00:00 EST Ravens on revenge mission Ravens will be looking to avenge their 2-0 defeat by Budgies last week as the sides clash again at the National Sports Centre this evening. In an even contest between the two traditional heavyweights of Bermuda field hockey last Friday, Budgies came out on top 2-0 thanks to goals from Jasmine Patterson and Kascia White. Jess Hollis,. .. Fri, 16 Feb 2018 08:00:00 EST Aspens unit closure impacts staff Aspen has closed its Bermuda-based US property insurance unit, a move that impacts three members of staff. The unit was closed earlier this week, a few days after the Bermudian-based company reported a net loss of 184. 9 million for the fourth quarter, and a net loss after tax of 266. 4 million for the year. During an earnings. .. Fri, 16 Feb 2018 13:23:00 EST Simons says time is ripe for maths reform The time is ripe to form a mathematics education council, the shadow minister for education said yesterday. Cole Simons said This issue is far too important, and we must get it right. On Wednesday, a report showed that public school students had again failed to meet targets set in the subject, with only a quarter of middle. .. Fri, 16 Feb 2018 08:00:00 EST