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Bermuda

For other uses, see Bermuda (disambiguation).

Bermuda is an internally self-governing island Overseas Territory of the United Kingdom, situated in the Atlantic Ocean. It has become one of the world's most important offshore financial centres. See Economy of Bermuda. Bermuda is often referred to as a tax haven or corporate haven. The United Nations Committee on Decolonization lists Bermuda as one of the 16 Non-Self-Governing Territories of the world since 1945.[1]

Bermuda
(In Detail) (Full size)
National motto: Quo Fata Ferunt
(Latin: Whither the Fates carry [us])
Official languageEnglish
Political status Overseas territory of the UK
Capital Hamilton
Governor and
Commander-in-Chief
Sir John Vereker
Premier Alex Scott
Area 58.8 km²
Population


-Total(2003 E)
 - Density


64,482
1 096/km²
Currency Bermuda dollar on par with US dollar
Time zone UTC -4
National anthem God Save the Queen
Internet TLD .bm
Calling Code 1 (Area code 441)

Table of contents

History

Main article: History of Bermuda

Bermuda was discovered in the early 1500s, probably in 1503, although the evidence for the exact year, and the identity of the discoverer, is sketchy. It was certainly known by 1511, when Peter Martyr published his Legatio Babylonica, which mentioned Bermuda. The discovery is attributed to a Spanish explorer, Juan de Bermudez.

In the early 20th century, as modern transport and communication systems developed, Bermuda became a popular destination for wealthy US, Canadian and British tourists. In addition, the tariff enacted by the United States against its trading partners in 1930 cut off Bermuda's once-thriving agricultural export trade – primarily fresh vegetables to the US – spurring the overseas territory to develop its tourist industry, which is second behind international business in terms of economic importance to the island.

During World War II, Bermuda became important as a military base because of its location in the Atlantic Ocean. In 1941, the United States signed a lend-lease agreement with the United Kingdom giving the British surplus US Navy destroyers in exchange for 99-year lease rights to establish naval and air bases in Bermuda. The bases consisted of 5.8 square kilometres (2.25 sq. mi.) of land largely reclaimed from the sea. The US Naval Air Station was on St. David's Island, while the US Naval Air Station Annex was at the western end of the island in the Great Sound.

Both bases were closed on 1 September 1995, as were British and Canadian bases on the island. Unresolved issues concerning the 1995 withdrawal of US forces – primarily related to environmental factors – delayed the formal return of the base lands to the Government of Bermuda, which finally happened in 2002.

Led by Premier Alex Scott, some Bermudians are clamouring for independence from Britain, although as of 2005 it was unclear whether a majority was convinced of its necessity.

There are two incorporated municipalities in Bermuda; the City of Hamilton, and the Town of St George. There are also a number of localities which are sometimes termed villages, among them Flatts and Somerset.

See also

Famous Bermudians:

Reference

External links


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edit British dependencies
Overseas territories: Bermuda | Anguilla | British Virgin Islands | Montserrat | Gibraltar | Turks and Caicos Islands | Cayman Islands | Falkland Islands | Saint Helena (Ascension & Tristan da Cunha) | Pitcairn Islands | British Indian Ocean Territory | South Georgia and the South Sandwich Islands | British Antarctic Territory
Crown dependencies: Bailiwick of Guernsey | Bailiwick of Jersey | Isle of Man
UK Sovereign Base Areas (SBAs): Sovereign Base Areas of Akrotiri and Dhekelia in Cyprus







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