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'Throwing darts': PM pledges 'decisive action' on Freeport

The Prime Minister's decision to put the Grand Bahama Port Authority's (GBPA) owners on notice that he plans to take "decisive action" to halt Freeport's two-decade decline yesterday provoked mixed reactions from residents and politicians.

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The Budget Communication – as it happened

Prime Minister Davis says the Budget aims to strengthen national security, economic security and the lives of people of The Bahamas. He says the global economy is showing signs of improvement although there is still much work to be done to recover from recent challenges. He adds that average consumer prices rose in the US by eight percent, while policy rate of interest has been raised ten times, driven primarily by rising inflation. He highlights the effects on The Bahamas in terms of higher borrowing costs.

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FTX chief’s fate lies in Bahamas’ hands

THE FATE of embattled FTX chief, Sam Bankman-Fried, rests in The Bahamas’ hands in determining how many criminal charges he will ultimately face over the crypto exchange’s multi-billion dollar implosion, it was revealed yesterday.

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Ras Delancy named Player of the Year

Ras Jesse Delancy, in completing his sophomore year at Benedict College, added another feather to his cap when he was selected last week as the 2023 Division II National Player of the Year.

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Cruise port's chair eyes 'missing 10%'

The chair of Nassau Cruise Port's ultimate parent says he is "90 percent-plus satisfied" with its $322.5m transformation as he waits to see it drive increased visitor spend and more passengers exiting their vessels.

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GAS DEALERS WANT 30 CENT INCREASE – Association: Govt discussed change to fuel margins

Petroleum retailers say they refuse to become "paupers" as they intensify demands for a 30 cent per gallon margin increase which they have been seeking to obtain from the Government since April 2022.

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Bahamas Striping working to improve Eleuthera and Long Island roads

BAHAMAS Striping Group of Companies (BSGC) general manager Melanie Roach said the company is working to improve roads on Eleuthera and Long Island.

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Trade Policy aims to break export barriers

A Cabinet minister yesterday asserted that the newly-launched National Trade Policy will play a key role in helping to diversify the Bahamian economy through the creative industries plus sectors such as agriculture and fisheries.

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Ex-MP says: 'Gov't supporters trying to get hands on GBPA'

A former MP yesterday doubled down on concerns that "supporters of the governing party have been trying to get their hands on the Grand Bahama Port Authority" amid push back to calls for politics to be kept out of Freeport's future.

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Sears says newly launched Traffic Management Centre first phase to cost $1.8m

THE Ministry of Works and Utilities launched the first phase of its Traffic Management Centre yesterday.

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'Screeching economic halt' if diesel stop lasts 10-14 days

Bahamians could "see a totally different economy" if the decision by most petroleum dealers to halt diesel sales lasts for up to two weeks, a well-known contractor warned yesterday.

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Chess tournament set to make the history books

THE Orjan Lindroth Memorial Chess Tournament is set to make history as the 1st FIDE Title Norm chess tournament to be held in The Bahamas.

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Chance to win $100 by drawing your favourite pet

Young artists have the chance to win up to $100 by drawing their favourite pet.

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PETER YOUNG: Summits galore for world leaders

The ubiquitous and apparently tireless President Volodymyr Zelensky of Ukraine is perhaps today’s busiest leader on the world stage.

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Court of Appeal stays Gibson corruption trial

THE Court of Appeal stayed Adrian Gibson’s corruption trial yesterday pending the outcome of his appeal of a ruling from Justice Cheryl Grant-Thompson.

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WORLD VIEW: 1.5°C is upon us - are we prepared?

THE report on May 17, from the World Meteorological Organization, (WMO) that global temperatures are likely to surge to record levels in the next five years should have sent all Caribbean institutions, such as the CARICOM Secretariat, the Caribbean Development Bank, and the Caribbean Community Climate Change Centre, into overdrive to explore further ways in which the region could accelerate efforts to avert this calamity.

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Stay of proceedings ordered in Adrian Gibson trial

A STAY of proceedings has been ordered in the Adrian Gibson corruption trial pending the determination of an appeal hearing.

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Keep Freeport out of a 'political cess pool'

Major figures in last year's protest march to the Grand Bahama Port Authority (GBPA) have reiterated their opposition to its acquisition by the Government for fear Freeport will be dragged into "a political cess pool".