Archive for April, 2011

HAMILTON, Bermuda — Mystery surrounds the shock resignation today of National Security Minister David Burch.

Burch also quit the Senate where he was government leader. He was not immediately available for comment.

Wayne Perinchief, a former top policeman, who previously sat on the backbench of the ruling Progressive Labour Party (PLP), was sworn at Government House as the new National Security Minister.

Former Police Commissioner Jonathan Smith was sworn in as the new PLP senator replacing Burch, a former commanding officer of the ...

WASHINGTON, D.C., U.S. — The preliminary national average price received by farmers for all wheat in March was $7.63 per bushel, up 20¢ from $7.43 in February, mainly the result of a surge in spring wheat prices, and up $2.93 from $4.70 in March 2010, the U.S. Department of Agriculture (USDA) said in its latest Agricultural Prices report.

The average price paid for winter wheat in March was $6.82 a bushel, down 21¢ from $7.03 in February 2011 but up $2.37 ...

‘Beware of LCDS detractors’
– during Regional Technical meeting on Refrigeration 
AGRICULTURE Minister Robert Persaud has encouraged participating countries to protect their environs in contributing to sustainable development as they seek to comply with protectionary measures for the ozone layer. He was at the time addressing a Regional Technical meeting on Refrigeration at the Grand Coastal Inn, Le Ressouvenir, East Coast Demerara which attracted participants from Haiti; Suriname; Guyana; Trinidad and Tobago; Grenada; Barbados; Bahamas; Antigua and the CARICOM Secretariat.

Guyana in ...

Local insurance group Guardian Holdings Ltd has turned itself around and back into profitability.

The group’s net profit after tax for its year ended December 31, 2010 stood at $425 million.

This was its best performance since 2004, GHL chairman Arthur Lok Jack said in the company’s published financial statements yesterday.

“This impressive turnaround compares to (2009’s) loss of $824 million, which was driven primarily from the loss on disposal of Zenith Insurance Company,” he said.

Zenith was GHL’s motor insurance subsidiary, based in ...