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'White hot' Cable Beach development 85% sold
A high-rise Cable Beach development was yesterday branded "white hot" with 85 percent of its first-phase units already sold even though its construction will only be completed in 2024.
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PETER YOUNG: This year’s UN General Assembly reveals increasingly multi-polar world
IN previous columns I have drawn attention to the gradual increase of world summit meetings in recent years. But there is, of course, nothing to compare with the UN General Assembly (UNGA) which is the important gathering in New York of its 193 nations annually in September. It claims to provide a unique forum for multilateral discussion of the full spectrum of international issues covered by the Charter of the United Nations, though there are also opportunities for bilateral meetings between individual countries.
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RBC’s $22m payment suspicion ‘reasonable’
The Court of Appeal yesterday ruled it was “reasonable” for Royal Bank of Canada (RBC) to find that $21.957m paid to a Bahamian businessman by a Slovakian he has never met for investment in his sand mining venture was “suspicious”.
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Teen accused of assaulting a man with a shotgun
A 19-year-old youth allegedly assaulted a man with a shotgun last week.
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Over $8m grant funding for water utility storm coverage
Caribbean water utilities such as the Water & Sewerage Corporation can now access insurance coverage to protect their infrastructure assets against hurricanes and severe flooding, it was announced yesterday.
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URCA seeks to shorten reconnection time
THE Utilities Regulation and Competition Authority wants to shorten the time communications service providers have to reconnect the services of people who are wrongfully disconnected or were disconnected because of non-payment.
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Tributes as Clara Taylor-Bell, wife of Cabinet minister, dies
Tributes were paid on Sunday afternoon after the death of Clara Taylor-Bell, the wife of Minister of Housing Keith Bell, after a battle with cancer.
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Blowing the whistle on PM Davis?
I took note of a September 20 article on the front page of The Nassau Guardian concerning allegations made by the Free National Movement party that the Davis administration is currently facing a cash crunch crisis. The Nassau Guardian was careful to add that the official opposition offered no proof to substantiate its explosive claims. Prime Minister Philip Brave Davis is the substantive minister of finance. Prominent Progressive Liberal Party supporter Simon Wilson is the financial secretary in the Ministry of Finance -- a post I believe is really a de facto state ministerial position without the said title. Wilson, for all intents and purposes, is a technocrat who, I believe, is running the show in Finance.
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EDITORIAL: Shifting tone on issues of concern
THIS week, there have been notable shifts in what ministers have said on issues that have arisen recently.
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Charlton conducts free hurdles camp for girls
Here to celebrate the 60th birthday of her mother Laura Charlton this weekend, Bahamian national women’s 100 metres hurdles record holder Devynne Charlton and her American training partner Masai Russell hosted a free, one-day camp for girls.
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ERIC WIBERG: Splashdown in the moonlight
ON the night of Tuesday, October 5, 1943, a pilot from the RAF named Hastie calmly pointed the sizeable B-25 Mitchell bomber towards the dark outline of South Eleuthera, just above Lighthouse Point. Despite losing an engine then the second one overheating, Hastie managed to calmly land his nearly 70ft, 35,000lb airplane a mere 100 feet from the beach gleaming white in the moonlight, without any of his men being killed.
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Total visitor arrivals up 30% though stopovers still trail
The Ministry of Tourism's top official yesterday said total visitor arrivals to The Bahamas are 30 percent ahead of their pre-COVID record through to end-July although stopover visitors are still trailing slightly.
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RBC chief pledges company account opening upgrades
Royal Bank of Canada's (RBC) top Bahamas executive yesterday pledged to address the challenges encountered by Family Island business clients when it comes to opening corporate bank accounts.
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BPL: 8% 'crazy growth' in New Providence
A senior Bahamas Power & Light (BPL) executive yesterday said the utility had seen "crazy growth" in customer demand over the summer with New Providence's peak load increasing by 8 percent year-over-year.
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$35m invested by Baha Mar in maintenance
BAHA MAR president Graeme Davis said the resort has invested $35m in maintenance this year.
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Minister admits some language difficulties with Cuban teachers
EDUCATION Minister Glenys Hanna-Martin said officials had been informed about a “very small” number of Cuban teachers whose command of the English Language had been a barrier between them and students.
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STATESIDE: Challenges facing Speaker of the House Kevin McCarthy
A pundit was thus discussing the third person in the presidential succession in the United States today, the speaker of the House of Representatives, the honourable Kevin McCarthy, Republican congressman from California.
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Munroe has faith despite rulings
AFTER several adverse Coroner’s Court inquest findings against police this year, National Security Minister Wayne Munroe said he remains confident in the “system”.
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‘Structural vulnerabilities’ weigh on robust growth
Standard & Poor’s (S&P) yesterday forecast Bahamian economic growth for 2024 will fall back to historical trends at 1.8 percent as it warned that such levels, together with “structural vulnerabilities”, weigh on improved credit ratings.
