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Agreement for $100m sale of Grand Lucayan Resort

ELECTRA America Hospitality Group has made a $100M purchase offer for the Grand Lucayan Resort at Grand Bahama.

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ALICIA WALLACE: No excuse for failing to disclose on time

HERE we are again. It is a familiar place. Government administrations change with some regularity, and many of the practices remain the same.

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Ayton and Suns take 3-2 lead

PHOENIX (AP) — Devin Booker scored 28 points, Deandre Ayton added 20 and the Phoenix Suns beat the Dallas Mavericks 110-80 last night to take a 3-2 lead in the Western Conference semifinals.

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Thriving with diabetes

New course provides information and support for those living with condition

SINCE there is still no cure for diabetes, those diagnosed must consider an overhaul in lifestyle practices to ensure proper management and control of the condition.

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PETER YOUNG: Local elections send message to political leaders

HAVING read an interesting letter recently in The Tribune by Maurice Tynes entitled “Modernising our nation” in which he advocated introduction of community or local government in New Providence, I thought it might be interesting in today’s column to write about last week’s regional and local government elections in Britain and the effect on the wider political situation in the country.

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Reform pensions now - or elderly will be left with nothing

The International Monetary Fund warns that a “significant” share of the elderly would be without pensions if reform to the pension system is not dealt with immediately.

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IMF urges Bahamas to stick to 50 percent debt ceiling

The International Monetary Fund has urged The Bahamas to keep to the 50 percent debt ceiling passed in 2018.

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Warning as container costs to double

Businesses should brace for a 100 percent increase in container costs for the summer due to the Russia and Ukraine war.

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Family tree chopped down by the rules

This will come as a shock to all members of Ancestry DNA, who are involved in building family trees.

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Pamela Stuart dies, aged 91

MISS Pamela Stuart, 91, died at her Ridgeway, Eastern Road home just before midnight on Friday. Her funeral services will be announced later.

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Defence on the attack

ActivTrades

This week was a dramatic rollercoaster ride on Wall Street.

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WNBA: Jones and Sun lose opener

GRAND Bahamian native Jonquel Jones and her Connecticut Sun suffered a heart-breaking loss to the New York Liberty as they opened their Women’s National Basketball Association 2022 season on Saturday.

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EDITORIAL: Resisting temptation to break the law

THERE was quite a startling admission from Environment Minister Vaughn Miller yesterday.

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Bahamas urged: Target 80% in next aviation safety audit

The Bahamas must target a “high 70s-80 percent score” on its next aviation safety audit and match the world’s best, an attorney said yesterday, adding: “We’ve made great strides in a short span of time.”

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Ayton and Suns take 2-0 lead

PHOENIX (AP) — Chris Paul scored 28 points, including 14 in another spectacular fourth quarter, to lead the Phoenix Suns over the Dallas Mavericks 129-109 last night for a 2-0 lead in the Western Conference semifinals.

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Tavario Miller and Zane Knowles in playoffs

Two Bahamian senior men’s national basketball team players got their postseasons off to successful starts.

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New NAD fees hailed as ‘lot less onerous’

The private aviation industry yesterday hailed the Nassau Development Company’s (NAD) alterations to the new fees imposed on it as “a lot less onerous” compared to what was originally proposed.

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‘Entrenched reduction?’: Bad loans down $22m

The Central Bank is “holding off” in determining whether COVID-related loan delinquencies have peaked despite a $22.4m reduction in non-performing credit during the 2022 first quarter, its governor revealed yesterday.

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Sands: Poor sacrificed ‘on tax efficiency altar’

The FNM’s chairman yesterday accused the Government of driving more Bahamian families into poverty, and sacrificing them “on the altar of tax efficiency”, by refusing to eliminate VAT on medicines and breadbasket foods.

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Cases dating back to 2020 add nine more COVID deaths

COVID-19 deaths have risen by nine to 798 after a woman died of the disease in early April and health officials reclassified several other deaths that took place between August 2020 and June 2021.