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UK diplomat: ‘Just not true’ that US cheaper

The UK’s top diplomat in The Bahamas says it is “just not true” that US goods and services are automatically cheaper due to the tariff-eliminating trade agreement between London and Nassau.

Climate finance must meet storm recovery challenges

The Prime Minister yesterday called for climate change solutions to account for the vast costs imposed on The Bahamas and other small island states in trying to rebuild from catastrophic hurricanes.

Moody’s 3% growth forecast ‘not strange’

A former Cabinet minister yesterday said Moody’s forecast of 3 percent economic growth for The Bahamas in 2023 is “nothing strange” and reflects the country’s reversion to traditional performance after the post-COVID recovery.

Tomlinson triumphs on the waves

Young sailors from around the Bahamas competed in the Fidelity Bahamas Optimist Championship last weekend with Patrick Tomlinson taking home the top prize

The best way to start the day

Students at the Cleveland Eneas Primary School enjoyed a free breakfast donated by Families of All Murder Victims (FOAM) last week.

PETER YOUNG: In the short term, the country’s energy security comes first

HAVING written as recently as August in some detail in this column about climate change, I only refer to the subject again today because it has hit the news in Britain following approval last week of a new offshore oil and gas development in the North Sea called Rosebank.

FACE TO FACE: What is the measure of a man? Remembering Obie Wilchcombe

“THE ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy,” said Rev Dr Martin Luther King, Jr.

Flamingo Air says employee reprimanded after plane door opens mid-flight

FLAMINGO Air said an employee had been reprimanded after the passenger door of its plane flew open mid-air during a flight.

Bahamian bank in ‘new territory’ via $42m raise

A Bahamian investment bank yesterday said it has entered “new territory” by spearheading a pan-Caribbean $42m capital raise to fund the renewable ambitions of a conglomerate that owns the local Esso operation.

Inflation to stay ‘high’ as food costs up 11%

The Central Bank yesterday warned Bahamian consumers that inflation will remain “high” in the near-term, and decline more slowly than in other countries, with food and drink prices rising 11 percent over the year to end-June 2023.

Parliament blunder on BPL regulatory ‘void’

Regulators are scrambling to fill a “void” created by Parliament in electricity sector supervision which has potentially left Bahamians at the mercy of appliance-destroying voltage and frequency fluctuations without recourse.

Moody’s backs trimmed 3% Bahamas growth projection

Moody’s yesterday backed forecasts of lower 3 percent economic growth for The Bahamas in 2023 as it noted the Government’s multi-billion refinancing plan almost totally depends on loans and guarantees from multilateral lenders.

URCA in crackdown over communications outages

Regulators last night voiced their displeasure with inconsistent and delayed reporting of network outages by Bahamian communications providers as they moved to better protect consumers from such disruption.

PLP is not doing enough for the people

The governing Progressive Liberal Party (PLP) has another chance to act in the best interest of the Bahamian people when Parliament returns on October 4. They have not done enough to improve Bahamian lives since being elected to office two years ago.

GB airport operator working on ‘timeline’

A senior official with Grand Bahama International Airport’s prospective operating partner last night said it is “working very closely” with the Government to make its $200m transformation a reality.

Waiting on DPP to see if officers involved in Evans death will face criminal charges

THE lawyer representing the family of a man police killed in what Coroner’s Court jurors determined was a homicide by manslaughter is concerned that the Office of the Director of Public Prosecutions has not indicated whether the officers will be charged with a crime.

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