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History

The archipelago of Bermuda owes its name to the Spanish navigator Juan Bermudez which discovered it in 1503. English there established bases as of 1609 following a shipwreck and founded the first Saint-George capital in 1612. The first slaves were brought of Africa in 1616 and the English colonization officialized in 1684. The archipelago became British in 1707 with the creation of the Great Britain (unification of England and Scotland).

At the beginning of the 20th century, whereas the means of transport and of communication were in full rise, Bermuda very became a destination with the mode for the rich person British tourists, American and Canadian. Moreover, the customs duties set up in 1930 by the the United States against its business partners caused to reduce agricultural exports of Bermuda considerably. These agricultural exports, which were formerly flourishing, related to especially the Légume S fresh. This new situation encouraged the overseas territory British to develop an tourism industry which is now just behind the international business by its economic importance.

During the Second world war, Bermuda became an important military base because of their position in the Atlantic Ocean. In 1941, the United States made an agreement with the United Kingdom. In exchange of the transfer of Destroyer S American, the British conceded with the Americans, for one 99 years duration, a ground with an aim of establishing air and naval military bases there.

Starting from September 1st 1995, the two bases American ceased functioning as well as the bases British and Canadian.

Geography

Bermuda are composed of approximately 360 small islands of Corail with sufficient precipitations, but of any Fleuve or Lac of fresh water.

Bermuda bathe in a soft climate with little marked extremes. During the Winter, of December until March, the average temperature is of 21 °C (70 °F). The hot period, of May mid-October, has a room temperature of 23 °C (75°F) up to 30 °C (85 °F). The months of be are slightly drier, in spite of regular precipitations during the year.

Policy

The Bermuda are under the dependence of the the United Kingdom. The legislative system is formed by a bicameral Parliament equipped with a senate of 11 members and a room of the representatives of 40 members. The senators are named and the representatives elected for 5 years.

Bermuda are cut out in 9 parishes and 2 municipalities.

Head of the State:

The queen Elisabeth II

Subdivisions

Economy

GDP: 2,33 billion $ (2003)

Growth of the real GDP: 2% (2003)

GDP per capita: 36.000 $ (2003)

Rate of inflation: 3,3% (2003)

Unemployment rate: 5% (2003)

Total foreign debt: 160 $US million ( March (2003)

Bermuda are a Flag of convenience.

Bermuda are a Tax shelter. Many American rich person are residents bermudians. Bermuda are especially known in the financial world for their system concerning the captive reinsurance and insurance company.

Demography

Anecdote

The word Bermuda is derived from the name of Bermuda where the British police officers carried this Short which went down to the knees.

Codes

Bermuda have as codes:

BER, according to the Code list country of the CIO,
BM, according to the standard ISO 3166-1 (code list country),
BM, according to the international Code list of the number plates (nonofficial),
BMU, according to the standard ISO 3166-1 (code list country), code alpha-3,
.bm, according to the List of Internet TLD (Signal level domain),
according to the Code list countries used by NATO, them Bermuda do not have a code alpha-2.
according to the Code list countries used by NATO, Bermuda do not have a code alpha-3.

See too

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