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STATESIDE: A different kind of politician for Washington

JOHN Fetterman doesn’t look like a Washington politician. And that’s an understatement.

$636,000 budget for Royal visit

THE government earmarked $636,194 to honour all expenses associated with their Royal Highnesses‘ visit to The Bahamas in March. However, as of Monday, May 16, approximately 96 percent or $625,186 of the money has been paid out.

Five weeks of rising COVID cases in region

FOR the past five consecutive weeks the Caribbean has experienced a rise in new COVID-19 infections, according to Pan American Health Organisation Director Dr Carissa Etienne yesterday.

Jones and Sun win Liberty rematch

Jonquel Jones and the Connecticut Sun exacted revenge for an opening day loss and looked like a dominant title contender in an early season rematch with the New York Liberty.

Mixed fortunes for Bahamian pro basketball players in Europe and South America

This week produced varying results for Bahamian pro basketball players as their postseason runs continued in their respective leagues throughout Europe and South America.

HUBERT EDWARDS: The low growth, high debt trap

In the first article we assessed some of the consequences from a high, and growing, national debt. With The Bahamas’ debt-to-GDP ratio expected to remain above 80 percent over the mid-term at least, the question that dominates is the extent to which this is sustainable.

New Providence or New Orleans?

I saw Twitter images of severe flooding throughout parts of New Providence over the weekend. I believe it was a meteorologist who told either The Nassau Guardian or The Tribune that the severe flooding caused by torrential rains was a hurricane drill for New Providence residents. As a resident of Grand Bahama who lived through Hurricanes Francis, Jeanne, Matthew and Dorian, I want Nassau residents to understand that the recent flooding in their communities is nothing compared to the flooding the aforementioned cyclones brought to our island.

PM renews assault on COVID food initiative

The Prime Minister yesterday renewed his assault on “astounding” deficiencies with the COVID-19 food assistance initiative even though a 138-page audit report produced no evidence of corruption, fraud or misappropriation of funds.

‘They wanted Gov’t to buy the Grand Lucayan twice’

The Grand Lucayan’s ex-chairman yesterday said the Government would “effectively have been buying the hotel a second time” had it agreed to Royal Caribbean and ITM Group’s demand it finance 95 percent of the $50m purchase price.

‘Lord knows’ Freeport requires tourism scale

An ex-tourism minister yesterday voiced optimism that the Grand Lucayan’s sale will be the “catalyst” that builds scale by luring other resort developers to Freeport, adding: “Lord knows Grand Bahama needs it.”

What Next for Cryptos?

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As the era of cheap money comes to an end, so do the conditions that propelled the price of Bitcoin and other crypto assets to the dizzying highs reached at the end of last year. At the time of writing, Bitcoin was trading just above $27,000, a drop of more than 60 percent from all-time maximum of almost $69,000 touched last November.

$10M IN FUNDING ‘VANISHED’: Prime Minister claims NGOs have not submitted accounts

PRIME Minister Philip “Brave” Davis said two non-governmental organisations have not submitted records to give an account of the combined more than $10m they received from the former Minnis administration under its national food programme.

Are private pension funds sustainable?

As the debates had been about the lack of funds for Bahamians at the National Insurance Board and it is obvious it will run out because the lack of businesses paying employees funds at the National Insurance Board.

Bahamians in action over the weekend

HURDLERS Jahmaal Wilson and Denisha Cartwright took the spotlight s they led an array of Bahamians in action over the weekend in their various season-ending championship or conference championships collegiate track and field meets over the weekend throughout the United States of America.

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