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FTX Bahamas creditors to have first meet March 15
FTX’s Bahamian subsidiary will hold its first creditors meeting on March 15 at Baha Mar’s convention centre as its liquidators ramp-up efforts to return assets to their rightful owners.
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DARING FEAT: 70-year-old Gavin to attempt sail-a-thon from Exuma to Nassau
HE has sailed around the world in so many regattas, but Gavin McKinney has decided to try something that he has never done before and that is to sail from Exuma to Nassau in a 14-foot Laser boat.
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STATESIDE: Biden should be wary of underestimating Trump
“Wow. What a weekend. Too many more like this one and we’re finished.”
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FRONT PORCH: Signs of failure and dysfunction still plague us
Last year there were 103 homicides in Greater London, with a population of approximately 8.9 million. The Bahamas, with approximately 400,000 people, had 110 murders, the majority of them on New Providence, with a population of approximately 300,000. Stabbing accounted for 65.05 percent of the homicides in London. The greater majority of homicides in The Bahamas are caused by guns.
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DPM: Crime coverage woe ‘losing momentum’
THE Deputy Prime Minister yesterday voiced optimism that damaging media coverage of The Bahamas is “losing momentum” with major resorts reporting peak winter occupancies “in excess of 80 percent”.
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Abaco Schools Sports Association basketball results
Abaco Schools Sports Association Basketball Championships (Best of Three series)
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FACE TO FACE: Fighting for the rights of fathers
Children who have a close relationship with their father are twice more likely to find stable employment or enter college after high school. They are 75 percent less likely to have a teen birth; 80 percent less likely to spend time in jail; and half as likely to experience multiple depression symptoms.
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Two-thirds say Bahamas can end cheques by ‘26
Almost two-thirds of Bahamians believe this nation could be ready for the elimination of cheque payments within the two-year deadline set by the Central Bank to review its goal.
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Are fifty somethings “obsolete”?
“This is a sore point for many older adults. As we age medical science and healthcare mean we are well and able far longer than in the past - but are viewed as needing to move on and out of the workplace even when we could offer some wisdom and mentoring to the newer workforce.” (Linda Nicholls).
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INSIGHT: Torn apart by gangs, Haiti still waits for action as it teeters on edge of being a failed state
IN theory, Bahamian troops should be on the ground in Haiti by now.
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Gov’t set to refinance $2.4bn in six months
THE Government has to refinance almost $2.4bn in maturing debt during the six months to end-June 2024, it has been revealed, with its euro-denominated liabilities almost doubling in percentage terms.
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The middle class under pressure
Much has been made of Prime Minister Philip Brave Davis’ recent trip to Uganda in which he took part in the Non-Aligned Movement Summit. It was probably a representative for the Davis camp who took photos of him feeding chimpanzees while in Uganda, apparently not realising the backlash it would cause.
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A birthday bash to remember
IT was a birthday celebration, highlighted by a pair of Masters Softball League games and entertainment that included rake-n-scrape, marching bands and a Junkanoo rush-out, that left the Rev. Dr. William Thompson flabbergasted.
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Gov’t doubles social assistance to $14m
“Front-loaded” salary increases for public sector workers were the main driver behind the $36.4m year-over-increase in the Government’s first quarter fixed-cost spending, it was disclosed yesterday.
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Contractor awarded $63,000 in multi-million Palm Cay fight
A major eastern New Providence development has been ordered to pay a former contractor $63,047 after an acrimonious battle involving competing claims over breaches of two multi-million building contracts.
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Laroda confident despite housing shortage
A YEAR after the Chamber of Commerce president in Abaco warned that the housing shortage remains “extremely acute” on the island post-Dorian, Social Services Minister Myles Laroda said he is confident his ministry will provide housing assistance to shanty town residents facing eviction on the island.
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DEIDRE BASTIAN: Accept ‘the customer is sometimes wrong’
The expression that the “customer is always right” is central to customer service, but is it always applicable to every situation? While it is essential to prioritise the customer’s satisfaction, it is also important to not waste resources through becoming sidetracked by this goal.
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Five-hour talks fail to break hotel industrial deal deadlock
THE Government’s labour director last night said almost five hours of “intense negotiations” had failed to break the deadlock over a new industrial agreement covering much of the hotel industry.
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IMF: Those with means pay more for health and water
THE Government can slash “unproductive spending” by $116.5m and, in so doing, boost key public services if Bahamians with means pay more for water and access to public healthcare.
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Minister set to intervene on hotel industrial deal
THE minister of labour will today meet with hotel union executives to discuss the latest counter-proposal from resort employees in a bid to break the stalemate over industrial agreement talks.