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FRONT PORCH: The Lure and Exercise of Political Power
What Lord Acton actually said in a letter to an Anglican Bishop is: “Power tends to corrupt, and absolute power corrupts absolutely.” Acton, an English Catholic, was a politician, historian and writer with extraordinary insight into political power.
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EDITORIAL: Look farther afield to help fix nursing issues
THE president of the Bahamas Nurses Union, Amancha Williams, says that nurses are calling it quits and seeking work elsewhere.
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INTERNATIONAL NEWS: Russia attacks Ukraine; peace in Europe 'shattered'
KYIV, Ukraine (AP) — Russia launched a full-scale invasion of Ukraine on Thursday, unleashing airstrikes on cities and military bases and sending troops and tanks from multiple directions in a move that could rewrite the world's geopolitical landscape. Ukraine's government pleaded for help as civilians piled into trains and cars to flee.
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Inflation drives 5% price rise at high-end project
A Bahamian developer yesterday disclosed he has increased prices on the multi-million dollar units in his latest project by 5 percent in response to soaring construction materials costs.
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Small businesses brace for 25% consumer spend drop
Bahamian small businesses were yesterday said to be bracing for up to a 25 percent drop-off in consumer demand compared to pre-COVID levels as inflation chips away at buying power.
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Switching banks like ‘giving birth’
The Bahamas must make it easier for customers to switch banks and thereby boost competition, a senior banker agreed yesterday, as he likened the current process to “giving birth”.
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BTC revenues $17.4m off pre-COVID levels
The Bahamas Telecommunications Company’s (BTC) 2021 full-year revenues were $17.4m below pre-COVID levels despite representing a 4.9 percent year-over-year gain on 2020.
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Bahamas at ‘critical point’ in gaining COVID balance
The Bahamas has reached “a critical juncture” in its battle against COVID-19 where it must balance saving lives and preserving livelihoods, the Inter-American Development Bank (IDB) is warning.
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‘Low vaccination rate must be addressed to stop spread’
A PAN American Health Organisation official has warned that low vaccination coverage in many Caribbean countries must be urgently addressed to stop the spread of COVID-19.
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Action needed to halt nurses exodus
BAHAMAS Nurses Union president Amancha Williams says as many as 60 nurses have left the public healthcare system since the start of the year because of low staff morale and unresolved labour issues.
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‘Missed generations’ now threaten farming
The Bahamas has “missed generations of farmers” by failing to attract young entrepreneurs to agriculture, a Cabinet minister said yesterday, warning that this threatens the sector’s sustainability.
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Extend remote working to mitigate energy cost surge
Businesses were yesterday urged to mitigate the impact of rising energy and fuel costs by allowing the remote working practices that flourished as a result of COVID-19 to continue.
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Taxi call-up app to launch next month
An app that will allow Bahamian consumers to call for a taxi from anywhere, and at any time, will be launched next month, the Taxi Cab Union’s president said yesterday.
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Civil service increments delay on finance sick-out
A Cabinet minister says the next round of increment payments to civil servants will not happen on schedule because of the finance officer sick-out that cost the Government some $7.5m.
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Lashann Higgs scores season high 20 points
LASHANN Higgs had her most productive outing of the season since she made her return to the Liga Femenina Endesa - the top division of women’s basketball in Spain.
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EuroLeague: Jonquel Jones leads the Foxes to undefeated season
JONQUEL Jones led UMMC Ekaterinburg to an undefeated regular season and the top overall seed in FIBA EuroLeague Women’s play.
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‘First-of-its-kind’ deal for $111m fraud victim
A Cayman judge has hailed a “first-of-its kind solution” that will enable a Bahamian financial institution and its clients to recover almost 70 percent of their $111m claim against “a serious fraud”.
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Planning row erupts on ‘swimming with the pigs’
Residents were yesterday demanding that planning authorities close two New Providence-based “swimming with the pigs” attractions that have “totally changed our neighbourhood”.
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Bank fees: CIBC and Fidelity are cheapest
CIBC FirstCaribbean charges the lowest fees for student and retiree savings accounts, the Central Bank revealed yesterday, with Fidelity Bank (Bahamas) largely leading the field on adult facilities.
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Realtor: Subdivision checks not assured
A former Bahamas Real Estate Association (BREA) president yesterday said not all attorneys ask for proof of subdivision approval before giving title opinions on property purchases.
