election held 24 July 2003 (next to be held
not later than July 2008)
election results: percent of vote by party - PLP 51.7%, UBP 48%;
seats by party - PLP 22, UBP 14
Judicial branch:
Supreme Court; Court of Appeal; Magistrate Courts
Political parties and leaders:
Progressive Labor Party or PLP [Ewart BROWN]; United Bermuda Party
or UBP [Wayne FURBERT]
Political pressure groups and leaders:
Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union
or BIU [Derrick BURGESS]; Bermuda Public Services Union or BPSU [Ed
BALL]; Bermuda Union of Teachers [Michael CHARLES]
International organization participation:
Caricom (associate), Interpol (subbureau), IOC, ITUC, UPU, WCO
Diplomatic representation in the US:
none (overseas territory of the UK)
Diplomatic representation from the US:
chief of mission: Consul General Gregory W. SLAYTON
consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3
mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate
General Hamilton, US Department of State, 5300 Hamilton Place,
Washington, DC 20520-5300
telephone: [1] (441) 295-1342
FAX: [1] (441) 295-1592, [1] (441) 296-9233
Flag description:
red, with the flag of the UK in the upper hoist-side quadrant and
the Bermudian coat of arms (white and green shield with a red lion
holding a scrolled shield showing the sinking of the ship Sea
Venture off Bermuda in 1609) centered on the outer half of the flag
Economy Bermuda
Economy - overview:
Bermuda enjoys the highest per capita income in the world, more
than 50% higher than that of the US. Its economy is primarily based
on providing financial services for international business and
luxury facilities for tourists. A number of reinsurance companies
relocated to the island following 11 September 2001 and again after
Hurricane Katrina, contributing to the expansion of an already
robust international business sector. Bermuda's tourism industry -
which derives over 80% of its visitors from the US - continues to
struggle but remains the island's number two industry. Most capital
equipment and food must be imported. Bermuda's industrial sector is
small, although construction continues to be important; the average
cost of a house in June 2003 had risen to $976,000. Agriculture is
limited with only 20% of the land being arable.
GDP (purchasing power parity):
$4.5 billion (2004 est.
|