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Gov’t slashes Q1 deficit by $116m
The Government’s fiscal deficit for the 2022-2023 first quarter was slashed by $116m year-over-year, it was revealed yesterday, with its revenues running 4-5 percent ahead of projections.
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AJ Storr suits up for Red Storm in Big East
FOUR star freshman guard AJ Storr leads a highly touted incoming class expected to propel the St John’s Red Storm back into contention of a competitive Big East Conference.
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Minnis: Crime consultants failing
FORMER Prime Minister Dr Hubert Minnis yesterday criticised the Ministry of National Security’s consultants on their “ineffective” performance in helping to address the country’s crime problem, saying the workers are “receiving the people’s money” but are not producing the desired results.
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Banks ‘can take more’ as debt drops $29m
Bahamian commercial banks have “significant capacity” to take on more government debt, the Ministry of Finance’s top official has asserted, after the national debt for the three months to end-September fell by $29m.
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Pintard: Gov’t had ‘enough meat’ over BPL fuel hedge
The Opposition’s leader yesterday charged that key policymakers in the Davis administration were given “sufficient meat” to understand the fall-out if the trades underpinning Bahamas Power & Light’s (BPL) fuel hedge were not executed.
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Pro basketball players stand out in Spain, Balkans
In Spain, Danrad Knowles makes his debut in a new league while Lashann Higgs becomes her team’s leading scorer and in the Balkans, Zane Knowles averages a double double and Kentwan Smith’s defence stands out.
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STATESIDE: The odds favour a Biden-Trump rematch
EVER since it became clear in the late spring and early summer of 2020 that Joe Biden would emerge from a crowded, desperate Democratic Party primary campaign as the challenger to Donald Trump’s bid for re-election, there has been much speculation about whether the fate of these two septuagenarians is inextricably linked.
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Fuel hedge to save $55m, BPL chief informed minister
Bahamas Power & Light (BPL) was on track to save its customers more than $54m over the 18 months to January 2022 if its controversial fuel hedging initiative was followed, a Cabinet minister was informed.
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Darville tables new NHI Bill in Parliament
HEALTH and Wellness Minister Dr Michael Darville yesterday tabled the new National Health Insurance Bill 2022, which once passed will repeal the NHI legislation of 2016.
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Tourism’s ‘perfect storm’ closing on pre-COVID
Bahamian tourism was yesterday said to be enjoying “the perfect storm” via a record booking pace that will see it exceed pre-COVID business levels by 2023 at latest, with one hotelier saying: “I think we’re back.”
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Pro basketball players take spotlight in France
RADSHAD Davis had another season high, Willis Mackey Jr and Aaron Levarity finally took the court together, and Dominick Bridgewater continues his production to highlight performances from Bahamian players in various pro basketball leagues throughout France.
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URCA chief: ‘Much to do’ on better Internet access
THE Bahamas’ top communications regulator yesterday admitted there is “much work to do” on ensuring affordable, widespread access to broadband Internet and mobile data.
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Shamar Burrows leads Tigers in final year
SHAMAR Burrows enters his final year of eligibility with the Dalhousie Tigers and looks to step into a leadership role as the programme pursues its fourth consecutive Atlantic University Sport title.
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Bahamas 15th in region for COVID-19 deaths
THE Pan American Health Organisation’s Health in the Americas country profile has revealed The Bahamas ranked 15th in the region for the number of COVID-19 released deaths from 2020 and 2021.
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BJ Murray hits 2-run homer in AFL
CHICAGO Cubs prospect BJ Murray has limited opportunities in the Arizona Fall League thus far, but continued his power hitting from the regular season in his last plate appearance.
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Bahamian pro basketball players in Euro spotlight
BAHAMIAN pro basketball players across various leagues in Europe produced season highs in early season play for their new clubs.
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‘Challenge to survive’ even on $260 minimum wage
DESPITE the government raising the country’s minimum wage to $260, some yesterday argued that the challenge to survive remains.
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Moody’s doubles down on ‘overly optimistic’ forecasts
Moody’s has doubled down on concerns that the Government’s Budget revenue forecasts are “overly optimistic” and that its debt servicing payments will be higher than projected due to the rise in global interest rates
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23 points and nine assists for Domnick Bridgewater
DOMNICK Bridgewater returned to pro basketball in the French Nationale Masculine 2 League on what seemed like a moment’s notice, but it took little time for the young point guard to display midseason form.
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Tahnaj Thomas back on the mound in AFL
Fresh off helping Great Britain baseball make history at the World Baseball Classic Qualifiers, Tahnaj Thomas was back on the mound continuing his season in the Arizona Fall League.