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‘New monster in the house’ on small business funding

The finding that 99 percent of Bahamian firms had no interest in seeking debt financing in COVID’s aftermath was yesterday branded “irrelevant” by a small business adviser, who warned: “We have a new monster in the house.”

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‘Polluter must pay’ says minister after fuel spill

ENVIRONMENT and Natural Resources Minister Vaughn Miller yesterday would not say whether negligence played a role in last week’s oil spill at Exuma.

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Eight tennis juniors take advantage of JITIC u-14 competition

EIGHT young Bahamian tennis stars are competing in the Under- 14 JITIC regional event in Mexico.

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Minister pledges ‘polluter will pay’ over Exuma spill

A Cabinet minister yesterday pledged that “the polluter will pay”, with the Government “holding their breath” that last week’s Exuma oil spill does no long-lasting harm to the area’s marine life.

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PETER YOUNG: A breakthrough of sorts - but will the Russians stick to it?

A major development in the war in Ukraine has raised faint hopes of peace in the longer term. An agreement with Russia was signed last week to restart the export of grain, though there is a danger that it may have already been derailed because of the firing of missiles at the Ukrainian Black Sea port of Odesa over the weekend.

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Gov’t hires Rothschild for $11.8bn debt help

The Government has hired Rothschild & Co, a major global financial group, to advise on what could become a “massive refinancing” of much of the country’s $11.8bn national debt, it was revealed yesterday.

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Auto dealers: Sales ‘20% higher’ if we had supply

Bahamian auto dealers yesterday said industry-wide sales would be “20 percent higher” than the actual 159 year-over-year increase for 2022 to-date if vehicle supplies matched pre-COVID levels.

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Attorney General hails ‘trailblazing’ carbon Bill

The Attorney General yesterday hailed the Carbon Credit Trading Bill as “trailblazing”, asserting that The Bahamas is further ahead of the entire world in having a “specific framework” to regulate this multi-million dollar activity.

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Exuma oil spillage: ‘Polluter must pay’

An environmental activist yesterday said it was vital those responsible for last week’s Exuma oil spill pay the full clean-up cost and “meaningful penalties” to deter further pollution-related negligence.

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INSIGHT: What lessons will be learned from Exuma diesel spill?

THE diesel spill at the Old Navy Base cove last week turned all eyes on Exuma – and once more brought the discussion about how well we are protecting our environment to the fore.

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Bahamas ‘can’t sit on laurels’ over digital assets regulation

The Securities Commission’s top executive has warned that The Bahamas “cannot sit on our laurels” as she disclosed that further reforms to tighten digital assets regulation will be unveiled “in the next few months”.

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Old Navy Base cove closed till August as clean up continues

THE Old Navy Base cove in Exuma will remain closed until August 10 as workers clean up the remaining diesel from the water and prepare to remove sand for further testing.

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Poultry producer in halt after 3,000 chick deaths

A Bahamian poultry producer last night said it is suspending operations for a “minimum” three-five weeks, and laying-off ten staff, after a cargo bungle saw almost 3,000 of its chicks bake to death at Miami International Airport.

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Central Bank: Investors no longer ‘tepid’ on Gov’t debt

The Government’s domestic debt issues were fully subscribed for the first time in almost three years during the 2022 second quarter, the Central Bank has revealed, arguing that “tepid investor sentiment” has been reversed.

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Monkeypox

According to the Centre’s for Disease Control and Prevention, monkeypox is a rare disease caused by infection with the monkeypox virus, and is related to the variola virus that causes smallpox.

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Goodman’s Bay

Should Government allow private enterprise to coolly take over public open space and no one lift a hand or even understand what is happening? I am concerned what is openly happening on Goodman’s Bay parking lot to the eastern side.

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Negotiations restart after industrial action at airport

THE government has restarted negotiations with the Bahamas Public Service Union (BPSU) following Monday’s industrial action with the hopes of having most of their grievances resolved by the end of August.

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‘Unions need to find a solution apart from industrial action’

FORMER Labour Director John Pinder says he believes union leaders should apply more skills to getting matters resolved outside of industrial action that features, among other tactics, large numbers of workers calling in sick.

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Tourism hopeful major strike damage avoided

The Bahamian tourism industry was yesterday hopeful that widespread, long-lasting damage from the Airport Authority strike may have been avoided even though most of the agency’s employees still failed to show for work.

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DELAYED: Majority of striking airport staff fail to report for work despite ‘illegal’ court ruling

AN estimated 80 percent of airport workers in New Providence who engaged in a lightning strike on Monday did not return to work yesterday, despite a recent court ruling ordering them to report for duty.