Bermuda

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May 14th, 2012
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Status: Self-governing dependency

Area: 20 sq. ml. (52 sq. km)

Population (1999 est.): 62,472; average annual rate of natural increase: 0.46%; birth rate: 11.8/1000; infant mortality rate: 9.311 000; density per sq. mi.: 3,124

Capital (1994 est.): Hamilton, 1,100. Monetary unit: Bermuda dollar. Ethnicity/race: black African 61%, white and other 39%. Literacy rate: 98%

Economic summary: GDPIPPP (1996 eat.): $1.8 billion; $29,000 per capita. Real growth rate: 2.4%. Unemployment: negl. (1995). Arabic land: na. Agriculture: bananas, vegetables, citrus fruits, dairy products. Labor force: 34,133; clerical, 23%; services, 23%; laborers, 17%; technical and professional, 16%; administrative and managerial, 12%. Industry: tourism, finance, insurance, structural concrete products, paints, perfumes, pharmaceuticals, ship repairing. Natural resources: limestone, sandy beaches, and clear water. Exports: $67.7 million (fob., 1996): re exports of pharmaceuticals. Imports: $569 million (fob., 1996): miscellaneous manufactures, machinery and transport equipment, food, live animals, chemicals. Major trading partners: U.S., U.K., Canada, Venezuela, Japan.

Bermuda is an archipelago of about 360 small islands, 580 miles (934 km) east of North Carolina. The largest is (Great) Bermuda, or Main Island. Explored by Juan de Bermtidez, a Spaniard, early in the 16th century, the islands were settled in 1612 by an offshoot of the Virginia Company. Bermuda became a crown colony in 1684.

In 1968, Bermuda was granted a new constitution, its first prime minister, and autonomy, except for foreign relations, defense, and internal security. The predominantly white United Bermuda Party has retained power in four elections against the opposition—the black-led Progressive Labor Party—although Bermuda’s population is 61% black. U.S. air and navy bases, which had been leased in 1941 for 99-year terms, closed in 1995, along with Canadian, British army, and Royal Navy. In a referendum held in Aug. 1995, nearly three-fourths of those voting opposed independence. The prime minister’s unexpected resignation in March 1997 led the ruling United Bermuda Party to name Pamela Gordon the country’s first female and youngest premier. She was succeeded in 1998 by Jennifer Smith.

Article Source: http://www.informationbible.com/article-bermuda-200070.html

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