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ArawakX ‘to be reported’ to police amid $4m insolvency
The Bahamas’ first-ever crowd funding platform is suffering from a near-$4m insolvency, its provisional liquidators have asserted, as they prepare to report “multiple criminal infractions” to the police.
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Local banks pass anti-financial crime 'shadow shopping'
The Central Bank yesterday hailed the results of a 'mystery shopper' style survey of Bahamian financial institutions which found "rigorous evidence" they were in full compliance with efforts to combat financial crime.
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THE BAHAMAS BEATEN DESPITE QUICK START: Puerto Rico win 6-1 in Nations League opener
AFTER getting off to an “electric start” from a quick shot from Christopher Rahming to ignite the home crowd inside the Thomas A. Robinson National Stadium, the Bahamas men’s team could not stop the relentless onslaught from Puerto Rico as they responded with a flurry of goals.
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Bahamas kickstarts FTX assets sell-off
An auto dealer yesterday disclosed he expects to sell 60 percent of the former FTX vehicle fleet assigned to him within 30 days, but warned: “This is not a fire sale.”
Bahamas can’t pay $4bn costs for climate change
The Bahamas cannot afford the $4bn required to meet its pledged climate change targets without international financial, technology and other “capacity-building” support, it has admitted.
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Sam Bankman-Fried ‘wants to be heard’ in FTX Bahamas wind-up
FTX’s founder says he “wishes to be heard” at today’s Supreme Court hearing on the winding-up petition intended to place the crypto exchange’s Bahamian subsidiary into full liquidation.
Sports Notes
THE New Providence Basketball Association continued its regular season action with a pair of games played at various gyms on Friday and Saturday night.
EDITORIAL: Murder count tops 100 again, despite COP’s promise
IN August of last year, Police Commissioner Clayton Fernander was insistent that the country would not pass a total of 100 murders. He was wrong.
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DIANE PHILLIPS: Morgan Freeman live, another nod to the orange economy
ONCE you’ve played God, it must be hard to be human. But on a recent Sunday night in the Atlantis Theatre, the real Morgan Freeman strolled out on stage, took a seat in a comfortable armchair and talked with a crowd of film festival goers, answering every question with humour and honesty, even if a few would not have gotten a thumbs up for intelligence on Rotten Tomatoes.
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Murder count at 80 as Man shot dead on Malcolm Road
THE country’s murder count, according to The Tribune’s records, rose to 80 after a man was fatally shot yesterday.
Club Med: Over 75% of workforce returns
Club Med's general manager yesterday revealed that more than 75 percent of the resort's staff have returned to work at the property despite its near three-year shutdown due to COVID-19.
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Police allegedly find a gun and ammo in house of man waiting trial for murder of Corporal Fox
A MAN awaiting trial for allegedly trying to murder a police officer was denied bail yesterday after a gun and a large quantity of ammunition was allegedly found in his home.
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Cable urges industry unity on URCA ‘budget travesty’
CABLE Bahamas is urging its rivals to join the battle against “this travesty in budget increases” for the sector’s regulator whose downtown Nassau headquarters it branded an “albatross”.
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National debt up $458m despite ratios declining
The post-COVID economic revival dropped The Bahamas’ debt-to-GDP ratio to 85 percent at end-June despite the national debt increasing by $457.5m over the prior 12 months to $11.645bn.
US will warn over crime
My prediction has happened. Two American tourists in Exuma robbed of thousands of dollars, another State Department Advisory will happen warning American tourists of the crime in The Bahamas.
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Clubs & Societies: September 29, 2023
On Monday, September 8, the Kiwanis Club of Over-The-Hill continued its annual scholarship donation of $2,000 to BTVI’s scholarship fund. Initially, our focus was the Old Bight High School graduates and active Key Club members on Cat Island. We have since opened the scholarship to any eligible Family Island High School graduates.
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STATESIDE: The history of abortion issue in the US
THERE has been reporting and commentary in The Tribune in recent days about some issues that are important to a lot of women here and in the United States. (And to a lot of men, too).
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Nassau flagship drives 1/3 of parent’s income
Nassau Cruise Port is being hailed as a flagship investment by its controlling shareholder with The Bahamas now accounting for almost one-third of its total group adjusted revenues and operating income.
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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.”
Genesis triumph at BSAA annual meet
THE Bahamas Scholastic Athletic Association completed its annual track and field meet on Friday at the original Thomas A Robinson Track and Field Stadium with Genesis Academy emerging as this year’s champions.