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Bahamas requires $16bn economy ‘to make sense’
The Bahamas must grow its economy to $16bn, expanding its size by around one-third, if its future is “to make sense” in the absence of government austerity, a governance reformer urged yesterday.
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Fishermen urge: ‘Spare no expense’ on sunken vessel
Bahamian fishermen have urged the Government “to spare no expense” in preventing any environmental damage from the sinking of a cargo vessel off south Abaco just prior to the New Year.
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Second US aviation group calls for Bahamian airline sanctions
A second aviation industry group yesterday backed calls for sanctions to be imposed on Bahamian airlines flying to the US unless this nation reforms its allegedly “unjust” overflight fees.
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‘Future generations and youth let down’ over NIB
The National Insurance Board (NIB) must be given more independence from government, a pension specialist urged yesterday, adding: “Successive administrations have let the youth and successor generations down.”
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$233m IMF rights can’t be viewed as ‘panic exercise’
The Government must not allow its borrowing of $233m in IMF Special Drawing Rights (SDRs) from the Central Bank to be perceived as “a panic exercise”, a Bahamian commercial banker has warned.
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Halt to elective surgery at Princess Margaret Hospital
PRINCESS Margaret Hospital has temporarily suspended elective surgeries that require overnight stay due to limited bed capacity because of ongoing ward renovations among other issues, health officials confirmed on Monday.
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Mitchell blasted by Dame Marguerite
DAME Marguerite Pindling caused a stir yesterday when she demanded an apology from Progressive Liberal Party chairman Fred Mitchell as she publicly accused him and the PLP for using a Majority Rule Day event at her husband’s grave as “a stepping stone”.
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Sunwing returns to Grand Bahama
ABOUT 500 Canadians visitors were in Grand Bahama last week with the return of Sunwing Airlines non-stop jet service to Freeport.
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Police urge people to plan a strategy in case of home invasion
POLICE are urging people to plan a strategy or have one in the event of a burglary or home invasion.
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Fox and Isaacs Jr encourage each other
AS childhood friends, Lucius Fox and Todd Isaacs Jr have been each other’s greatest inspiration on and off the baseball field.
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Roadwork-hit businesses seeking ‘come back to Village Road’ boost
A “COME back to Village Road” incentives package is needed to revive businesses that have been damaged by the year-long roadworks impacting that corridor and the surrounding area, an entrepreneur is arguing.
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Small businesses facing struggle on NIB rate hike
BAHAMIAN small businesses will struggle to absorb any National Insurance Board (NIB) contribution rate increase due to the multiple other expenses hikes they are grappling with currently, a sector consultant has warned.
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‘All hands’ needed to curb crime
PASTOR Dave Burrows said all hands are needed on deck to curb crime, adding there’s a misconception that only those from the “streets” can reach troubled youth.
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FTX’s Bahamian liquidators to to control $46m Tether assets
FTX’s Bahamian provisional liquidators have gained control of $46m in Tether stablecoins as part of their “co-operation” deal with the crypto exchange’s US chief that creates a “path forward” to resolve all remaining disputes.
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‘Don’t be led like sheep to the digital slaughter’
Bahamians were yesterday told “don’t be led like sheep to the digital slaughter” with a businessman arguing that the stance taken by some government agencies in not accepting cash was illegal.
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CLICO victims: Don’t forget our $35m need
Victims of CLICO (Bahamas) implosion have made an impassioned call to the Government not to forget their continuing plight with an estimated $35m still required to make them whole.
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Tributes are paid to April Crowther-Gow
TRIBUTES have been paid to April Crowther- Gow, a former deputy chief councillor of Freeport, and a council member of the Free National Movement.
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PM: We’ll give more resources to crime fight
PRIME Minister Phillip “Brave” Davis and Minister of National Security Wayne Munroe pledged more resources to assist police in crime-fighting efforts, including more manpower and vehicles for patrols.
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FTX CEO’S ATTACKS ON BAHAMAS ‘MISGUIDED’: Attorney General hails regulator for ‘proper’ measures
FTX’s US chief has admitted his attacks on The Bahamas’ integrity were “misguided” by agreeing to work with the failed crypto exchange’s local liquidators, the Attorney General argued last night.
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Don’t Blink: Freedom Farm receives $200,000 worth of baseball equipment
In the aftermath of the return of the fifth annual Don’t Blink Home Run Derby in Paradise in Montagu last month, Freedom Farm received a generous donation of $200,000 worth of baseball equipment from the Players Alliance Association.