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Moody’s backs trimmed 3% Bahamas growth projection

Moody’s yesterday backed forecasts of lower 3 percent economic growth for The Bahamas in 2023 as it noted the Government’s multi-billion refinancing plan almost totally depends on loans and guarantees from multilateral lenders.

Bahamas can’t pay $4bn costs for climate change

The Bahamas cannot afford the $4bn required to meet its pledged climate change targets without international financial, technology and other “capacity-building” support, it has admitted.

Jonquel Jones leads New York to first WNBA Finals in 21 years with victory over her former team

UNCASVILLE, Conn. (AP) — Breanna Stewart and Jonquel Jones have New York back in the WNBA Finals for the first time in more than two decades.

Clubs & Societies: September 29, 2023

On Monday, September 8, the Kiwanis Club of Over-The-Hill continued its annual scholarship donation of $2,000 to BTVI’s scholarship fund. Initially, our focus was the Old Bight High School graduates and active Key Club members on Cat Island. We have since opened the scholarship to any eligible Family Island High School graduates.

The St Augustine’s College Alumni Association has honoured LeRoy Mitchell. Pictured above is the first …

Abaco resort eyes ‘break even’ 5% rate increase

The Bahamas Out Island Promotion Board’s president yesterday said his hotel will likely have to increase rates by “another 5 percent” in 2024 to break even with fellow hoteliers revealing that soaring light bills “are just killing us”.

British Colonial receives 400 manager applicants

Some 400 persons yesterday applied for managerial posts at the re-opening British Colonial with the property targeting a workforce that is 95 percent Bahamian.

ALICIA WALLACE: Government ‘unserious’ on gender policy progress

THE national gender policy has been on the shelf for years. It was first drafted more than a decade ago, and last updated in 2018.

BPL ‘stranglehold’: Business battles up to 100% bill rises

Soaring Bahamas Power & Light (BPL) bills were yesterday said to be imposing “a stranglehold” on commerce with multiple businesses struggling to survive up to 100 percent year-over-year increases in their energy costs.

Political implications for West GB

From the outset I would like to extend sincere condolences to the family of the late West End and Bimini MP Obie Wilchcombe. His death is a grim reminder of the uncertainty and brevity of life on this side of eternity and the importance of living each day as if it would be our last, with our focus on the Lord Jesus Christ

'White hot' Cable Beach development 85% sold

A high-rise Cable Beach development was yesterday branded "white hot" with 85 percent of its first-phase units already sold even though its construction will only be completed in 2024.

PETER YOUNG: This year’s UN General Assembly reveals increasingly multi-polar world

IN previous columns I have drawn attention to the gradual increase of world summit meetings in recent years. But there is, of course, nothing to compare with the UN General Assembly (UNGA) which is the important gathering in New York of its 193 nations annually in September. It claims to provide a unique forum for multilateral discussion of the full spectrum of international issues covered by the Charter of the United Nations, though there are also opportunities for bilateral meetings between individual countries.

URCA seeks to shorten reconnection time

THE Utilities Regulation and Competition Authority wants to shorten the time communications service providers have to reconnect the services of people who are wrongfully disconnected or were disconnected because of non-payment.

ERIC WIBERG: Splashdown in the moonlight

ON the night of Tuesday, October 5, 1943, a pilot from the RAF named Hastie calmly pointed the sizeable B-25 Mitchell bomber towards the dark outline of South Eleuthera, just above Lighthouse Point. Despite losing an engine then the second one overheating, Hastie managed to calmly land his nearly 70ft, 35,000lb airplane a mere 100 feet from the beach gleaming white in the moonlight, without any of his men being killed.

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