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Bahamas oil well creditors accept 84% debt hair-cut

Creditors owed a collective $11.3m for the drilling of an exploratory oil well in The Bahamas have agreed to accept a near-84 percent haircut on this debt, it was revealed yesterday.

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Individual Stats (Top 50)

1 Mike Russell Sands Bullets M 9 11 70 16 14 16 54.5 11 95 13 3 120.5 2 Harry Brown Coins A M 14 10 72 15 12 19 45.5 15 0 9 0 120.5 3 Christian Knowles Sigma Shots M 13 13 65 16 13 17 47 12 152 6 0 117.5 4 Sky Bain Back Yard Destroyers

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FIBA: Bahamas to face Dominican Republic tonight

COACH Mario Bowleg said the men’s national basketball team is prepared to put the devastating loss to the US Virgin Islands behind them and is eagerly looking forward to closing out play tonight against the Dominican Republic on a high note in the FI

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Bad Santa

ActivTrades

THE mother of all consumer battles is over, and Apple is one of the winners. Americans shopped online for a record $11bn on Cyber Monday, and AirPods and MacBooks were very popular.

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Buddy scores 16 in 114-112 loss to Magic

SACRAMENTO, California (AP) — The Orlando Magic made a pair of costly defensive mistakes in the final 80 seconds. Evan Fournier’s quick change of mind and a big shot by Aaron Gordon more than made up for it.

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Atlantis: 30% spend, rate jumps ‘as good as it gets’

Atlantis yesterday said its year-to-date performance is “as good as you can get” with rates and visitor spending per occupied room both exceeding pre-COVID levels by up to 30 percent.

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‘You don’t have to win, you just have to tri’

YOU have just a few days remaining if you wish to participate in one of the most gruelling, but fastest growing triathlons in the country. The Powerade Potcakeman Triathlon will swim, bike and run its third parties edition at Jaws Beach September 5. Registration is available at - http://www.active.com/nassau-np/races/the-powerade-potcakeman-triathlon-2015.

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Swift success with 14-medal haul

SWIFT Masters won 14 medals at the 2016 Spring Short Course National swimming championship in Greensboro, North Carolina last week

Obit

Ira Howard Smith Sr

Funeral Service for the late Ira Howard Smith Sr. age 85 years of Seaton Street, Polhemus Garden and formerly of Nicholls Town, Andros will be held on Friday July 20th, 2018 at 11:00 a.m. at St. Agnes Anglican Church. Officiating …

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NPBA: Rockets top High Flyers 93-87

THE Sun Oil Rockets scored an early-season win over the defending Division II champions in the New Providence Basketball Association.

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20% pt truck tax slash a 'tremendous blessing'

A Bahamian auto dealer yesterday described plans to lower Excise Tax rates by 20 percentage points on certain trucks as “a tremendous blessing”, telling Tribune Business his sales in this category had fallen by 75 per cent since the 2010-2011 Budget.

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Jones and Sun lose, Sky even series 1-1

Jonquel scores game-high 23 points

Jonquel Jones and the Connecticut Sun will head back to the friendly confines of the Mohegan Sun Arena with home court advantage and their WNBA Semifinals series with the Chicago Sky tied at 1-1.

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Cool 96's Ed Fields signs off for the last time

AFTER TWO decades on air as one of the country’s best-known radio personalities, Ed Fields, known for his provocative remarks and wit, is set to sign off for the last time.

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Hotel union’s strike vote ‘green light’

Hotel union executives last night said a Supreme Court justice had effectively cleared the way for it to take a strike vote tomorrow over its gratuity dispute with the Melia Nassau Beach Resort.

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Cadot and Rose both on the move

A pair of senior men’s national basketball team members were on the move recently as they signed with new clubs in Europe.

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Junior golfers are crowned champions

After picking up a second-place finish, Alex Dupuch said he just wanted to make sure he finally won his first Bahamas Golf Federation junior national golf championship title before he made his exit.

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Praise for Cat Island students

THIRTY-FIVE Cat Islanders received certificates from the Bahamas Technical and Vocational Institute on Saturday and were urged by Commissioner of Police Ellison Greenslade to continue striving for excellence. Mr Greenslade,

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Bahamas dominates at CARIFTA Swim Championships.

THE 36-member Bahamas team will be bringing its fifth consecutive title back home from the CARIFTA Swim Championships.

Obit

Louisa Athelinda Cartwright

A funeral service for the late Louisa Athelinda Cartwright, 85 of Treasure Cove, Nassau, The Bahamas, who died at her home on Thursday, 30th November, 2017, will be held at St. Matthew's Anglican Church, Shirley and Church Streets, Nassau, on …