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Bahamas’ $3bn in Russian assets ‘under 1%’ of sector
The Central Bank’s governor yesterday said the nearly-$3bn in Russian-connected assets held by the Bahamas’ international financial services industry represents “less than 1 percent” of the sector’s total business.
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Chisholm and Fox homer in MLB spring training
JASRADO “Jazz” Chisholm Jr and Lucius Fox both made an immediate impression early in Spring Training as Major League Baseball returned to play.
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Romad Dean commits to Fordham
FREEPORT, Grand Bahama — Romad Dean returned home to officially end his recruitment and announce his collegiate decision.
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FRONT PORCH: Lenten pilgrimage and spiritual exercises
THE days of Lent are like a mini-pilgrimage, a retreat, a time for spiritual exercises and practices in preparation for the celebration of Easter and rebirth. A dear friend, a source and example of mercy and healing, who lives overseas, attends daily mass during Lent at a parish not far from his residence.
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COVID food costs ‘far below’ NGOs average
The COVID food initiative’s 8 percent administrative costs ratio is “far below” the typical international benchmark for non-profits, a governance reformer revealed yesterday.
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Albury, Elisee advance in NJCAA tourney
A PAIR of Bahamians are through to the next round of the NJCAA Division I Men’s Basketball Tournament in Hutchinson, Kansas.
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Daunte Stuart has career high five hits
DAUNTE Stuart had a career day at the plate and his Northwestern State Demons baseball programme has been powered to a four-game win streak by a suddenly resurgent offence.
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Family Island resorts in further COVID ease call
Some Family Island resorts yesterday called for the further easing of COVID-19 restrictions while backing the Government’s relaxation of the mask mandate within hotels.
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‘Polish product’ to maximise record-breaking cruise port
Downtown Nassau must “polish its product” to maximise the benefits from the “busiest cruise port in the world”, which is this week enjoying a record-breaking 32 vessel berths.
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123 Haitians found near Cay Sal repatriated
ONE hundred and twenty-three Haitians, including children, who were picked up at sea in Bahamian waters recently were flown out of Grand Bahama onboard a Bahamasair flight to Haiti yesterday.
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EDITORIAL: Straight answers in fight against crime
THE spate of murders that took place at the weekend was horrifying in itself – five dead in three days with two more injured.
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Electric vehicle dealer targets sales doubling
A Bahamian electric car dealer yesterday voiced optimism that it will “double” year-over-year vehicle sales in 2022 having just placed a record 100-strong order with its Chinese supplier.
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Bail revoked in $40m fraud case
A Bahamian private island owner, who has been accused of masterminding a $40m fraud, has had his bail revoked over fears he may flee to this nation and has engaged in human smuggling.
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84-year-old woman strangled to death
THE death of an 84-year-old woman who was found at her home about two weeks ago has been classified as a homicide by strangulation.
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Teenage boy accused of attacking cop
A 16-YEAR-OLD boy appeared in court yesterday on charges of assaulting a police officer.
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Stay ‘neutral’ on Russia sanctions, says provider
A Bahamian financial services provider yesterday argued this nation should take a “neutral” position by not imposing sanctions levied against Russian oligarchs and business entities.
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Stagflation fears
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FIRST came the military, then the energy shock. In 1973, it was the Yom Kippur War between Israel and the Arab states that caused oil prices to quadruple within weeks. Now it is Russia’s attack on Ukraine.
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Pitcher Tahnaj Thomas invited to MLB spring training
TAHNAJ Thomas achieved another career milestone in the Pittsburgh Pirates organisation and is one of the club’s non-roster invitees to major league Spring Training in Bradenton, Florida.
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‘Highly probable’ most of $900m tax debts seized
The Ministry of Finance’s top official yesterday said the Large Taxpayer Unit is “just the start” of major reforms as he revealed it is “highly probable” much of $900m in past due taxes will be collected.
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BISX-listed insurer takes ‘conspiracy’ damages hit
A sales agent has been awarded damages for “conspiracy” and defamation against her former BISX-listed employer, which tried to pinch her insurance clients after terminating their relationship.
