Bermuda First economic think tank formed

| 02/04/2009

(The Royal Gazette): A think tank of industry chiefs and political leaders has been formed to find strategies to stave off looming economic threats. Bermuda First, which has more than 80 members including a 17-strong steering committee of local and international business heads, will devise ways to prosper in the recession. Led by ArielRe founder and CEO Don Kramer the group will look at topics including: US and European hostility to tax havens; the decline in tourism; the forecast decline in construction; high housing costs; and immigration. Mr. Kramer said work permit term limits had affected some sectors although the international business community "does not seem to have suffered". (Left Bermuda Premier Dr Ewart Brown)

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