Bermuda is still in recession

http://www.royalgazette.com/rg/Article/article.jsp?articleId=7da79b730030016&sectionId=65

“Based on [Nathan Kowalski, CFA, CA]‘s preliminary analysis, it would appear Bermuda’s economy continued to contract in the first quarter of 2010 by approximately 0.5 percent. The fact that Bermuda continues to contract may not be a great shock to many residents as it surely feels worse for a lot of Bermudians.”

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