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WORLD VIEW: Why 84 countries are borrowing from the IMF
IN the wake of the economic damage done by the effects of the COVID-19 pandemic, countries in every continent of the world have turned to the International Monetary Fund (IMF) for assistance.
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Nassau marinas: ‘Relief is coming’
Nassau Cruise Port’s top executive has promised that “relief is coming” for marinas seeking to regain super yacht access, acknowledging that progress “can come with a degree of pain”.
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Seven-day extension in islands’ lockdown
LOCKDOWNS for North and Central Andros and Cat Island have been extended for an additional seven days, the Office of the Prime Minister announced yesterday.
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VAT increase a start
While it is all but too late the government has finally woken up to implement a tax to help the treasury while not even creating a dent in the elites standard of living. It is a start, however, it does not go far enough to make the obscene “in your face” wealthy pay their fair share. Neither does it alleviate the paralysis placed on the poor and middle class (the latter all but eliminated at this point).
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Jones scores 31 as Sun use big run to beat Liberty 85-64
UNCASVILLE, Conn. (AP) — Jonquel Jones scored 31 points on 12-of-16 shooting and grabbed 13 rebounds to help the Connecticut Sun beat the New York Liberty 85-64 on Saturday night.
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Royal Caribbean: No Crown Land lease for $110m project
A senior Royal Caribbean executive has confirmed it has yet to secure a crown land lease for its $110m Paradise Island project as he indicated a willingness to “co-exist” with rival developers in that area.
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‘Jazz’ hits two-run homer in 6-5 loss to Blue Jays
BUFFALO, N.Y. (AP) — Vladimir Guerrero Jr keyed a career-best four-hit outing with his major league-leading 17th home run and the Toronto Blue Jays celebrated the return to their temporary Buffalo home with a 5-1 win over the Miami Marlins last night.
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WNBA: Jones named Kia Eastern Conference Player of the Month
JONQUEL Jones’ hot start to the 2021 WNBA season has prompted league-wide recognition.
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NBA Playoffs: ‘DA is playing unbelievably well’
DEANDRE Ayton’s offensive production slowed for the first time this postseason, but his Phoenix Suns had their most lopsided win en route to taking a 3-2 lead over the Los Angeles Lakers in the NBA postseason.
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EDITORIAL: Are 120,000 vaccinations really enough?
THE Minister of Health was in optimistic mood yesterday.
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Dionisio: Health visa purchases rise
TOURISM Minister Dionisio D’Aguilar said yesterday the number of people who bought travel health visas to visit The Bahamas last month was “substantially larger” than what was seen in April, saying the figures suggest the country is moving in the right direction.
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Cargo port ‘starts to shrink the gap’
Nassau’s sole cargo port yesterday voiced optimism it has “started to shrink the gap” to pre-COVID business volumes with vehicle imports making up 20 percentage points during May alone.
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WELLS’ NEW MAGIC NUMBER - 120,000: Minister says hitting this vaccination total puts us in ‘good place’
HEALTH Minister Renward Wells estimates that 120,000 people need to be vaccinated in order for the nation to be “in good stead” in the fight against COVID-19.
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$357,000 of repairs approved for 37 Sweeting Cay Homes
THE Disaster Reconstruction Authority has approved some 37 homeowners on Sweeting’s Cay for nearly $360,000 of repair assistance under the Small Homes Repair Programme.
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Travel visa purchases ‘much higher’ for May
A Cabinet minister yesterday argued local COVID case numbers are the only obstacle to tourism’s revival as May’s health travel visa purchases were “substantially higher” than the prior month.
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Attorney fails to overturn $640k loan ‘negligence’
A Bahamian attorney has failed to overturn a “negligence” verdict over a $640,000 loan issued by an insurer whose owners include the PLP’s deputy leader.
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The corned beef and grits Budget
It is clear that the trio in charge of the Ministry of Finance has been forced to come up with a corned beef and grits 2021-2022 budget. If this is the best that they are able to come up with, God help us. It is conceded that taxes have been held at bay but that there is no real wiggle room for critical infrastructure and people development.
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Men’s national basketball team on path toward FIBA World Cup 2023
THE Bahamas Basketball Federation’s men’s national team is set to begin its path toward the FIBA Basketball World Cup 2023.
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‘Ride For Reine’ Trail-a-thon a success
TWENTY young riders mounted up and hit the trails with enthusiasm this past Sunday as a part of the “Ride For Reine” Trail-a-thon to raise funds on behalf of Reine Pagliaro.
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EDITORIAL: The devil’s in the detail for the economy
IT can be easy to get lost in the big numbers when it comes to the economy, but the simple fact is this – we have more money going out than we have coming in.