Bloomberg Reports Fitch raises Dominican Republic Rating

Nov, 22, 2014 A report from Bloomberg identified a that Fitch Ratings had raised the Dominican Republic’s credit rating. Reasons provided for the increase include growth within Dominican Republic’s tourism industry, growth from its gold exports, as well as a reduction in its current account deficit as one of the the Caribbean’s largest economies.

Further details on the change in its credit rating can be found here: Dominican Today

Bermuda Confirmed Host of 2017 America’s Cup

After an initial AP news report on Thursday that Bermuda had been successful in its bid to host the America’s Cup, some questions still remained.

Emirates Team New Zealand had not received word of the decision. They were expecting the decision to be announced at a Dec press conference in New York.

Following a day of uncertainty it appears the decision has now been confirmed by an official involved with the San Diego bid.

For added details:  Bermuda’s:  Royal Gazette

 

Bernews Reporting Updates Post Hurricane Gonzalos

Reports, photos and updates are presently coming in from Bernews on the impact of Hurricane Gonzalos and its hit on Bermuda.

They advise that Police have reported no loss of life and that initial reports from the hospital indicate some storm related injuries but none that were critical.  Images can be viewed of the causeway, Belco beginning to repair the electrical grid as well as general storm related damage on its Facebook page.

On its Bernews Website they report that Premier Michael Dunkley has characterized the storm’s impact as “Bermuda is bruised but Unbowed”.

These updates will hopefully provide some comfort to those from away, living off island or to friends with friends in Bermuda.

Bermuda’s Hurricane Gonzalo – Videos in the Storm

For those of you with an interest in following Hurricane Gonzalo and its impacts on Bermuda, we’ve connected to a few of the videos posted on Bermuda Meme.

As more information comes in on the storm and its results, we’ll add new post for post-storm information.

The Power of Hurricane Gonzalo:

Bermuda’s Warwick Long Bay 7 Hours Pre-Storm Hit – Hurricane Gonzalo

Chaplin Bay 12 hours before the Storm “Hit”

https://www.youtube.com/watch?v=AzRY0lg8pOo