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Public sector debt drops $93m during first quarter
Total public sector debt fell by $93m during the first quarter of the 2023-2024 fiscal year, it was disclosed yesterday, cutting it slightly from its June peak as the foreign currency share fell by 1.5 percentage points.
Jonquel Jones and NY Liberty continue Eastern Conference dominance
GRAND BAHAMIAN native Jonquel Jones and the New York Liberty continue to remain atop the Eastern Conference with a now 20-6 win/loss record. The team’s latest win came against the ninth-overall Los Angeles Sparks.
SPORTS NOTES
THE Royal Bahamas Defence Force, through its title sponsor Fidelity Bank, will hold its annual Fun Run/Walk Race on Saturday, starting at 6am from Goodman’s Bay.
INSIGHT – Bahamas travel advisory: Zero violent crimes against visitors in 2024
AS we have learned over the many years, the US State Department is required by law to report on anything that may affect Americans travelling to other countries.
Goodman’s Bay hostilities erupt on 14-storey project
Hostilities erupted between Goodman’s Bay neighbours over allegations voiced at a public hearing regarding the motives for opposing the Wynn Group’s 14-storey penthouse project.
The BGDBA regular seasons ends, playoffs begin tomorrow night
The 2023 Bahamas Government Departmental Basketball Association (BGDBA) playoffs are scheduled to begin this Friday at the AF Adderley gymnasium.
‘Huge inconvenience’ on BOB San Salvador close
San Salvador businesses yesterday voiced concern over the timing and uncertainty created by Bank of The Bahamas’ “temporary closure” of the island’s only bank branch ahead of the Christmas holiday.
Peter Nygard guilty of four sex assaults
Peter Nygard was found guilty of four counts of sexual assault in a Canadian court on Sunday but was acquitted of a fifth count plus a charge of forcible confinement.
Ayton traded to the Trail Blazers
Centre Deandre Ayton, who was embroiled in contract talks with the Phoenix Suns and a heated clash with former head coach Monty Williams, has been traded to Portland, becoming the second Bahamian to play for the Trail Blazers.
RBPF announce promotion exercise for 721 officers
POLICE last week announced the promotion of 721 officers.
ONE ELEUTHERA FOUNDATION – The need to strengthen the trades
This week, Ministry of Education officials released concerning news about the continued decline in the Bahamas General Certificate of Secondary Education (BGCSE) national examination results.
A scholarship to soar
STUDENTS HAVE received scholarships to become jet pilots through partnership with Qatar Aeronautical Academy and The Bahamas Aeronautical Academy.
CI Gibson Rattlers open up strong in GSSSA basketball
THE CI Gibson Rattlers’ senior girls and boys put the Government Secondary Schools Sports Association (GSSSA) on notice after both earned resounding double-digit wins yesterday against the Doris Johnson Senior High School Mystic Marlins.
$500m cruise port’s ‘strict preference’ for Bahamians
The US contractor managing landside construction for Carnival’s $500m Grand Bahama cruise port has pledged to give “strict preference” to Bahamians on all work that is put out to bid.
STATESIDE: Biden seeking to avoid gaffes
US President Joe Biden is known for avoiding live press conferences. In sharp contrast to his predecessor, Biden appears to believe that such largely unrehearsed sessions would expose him to more of the gaffes and errors that have occurred many times throughout his long public career – albeit without the crippling effect of some of his contemporaries’ mistakes and misstatements.
‘Showdown in Paradise’
The 2024 World Relays to be hosted on home soil at the Thomas A Robinson National Stadium is already shaping up to be exciting but officials added another layer of excitement with the launch of the pregame show “Showdown in Paradise”.
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.
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.
STATESIDE: Messi makes and impact on Miami sports with a look at Mas Canosa’s impact on Cuban-US relations
WE all know about the close ties The Bahamas maintains with South Florida. It’s hardly a secret that the legal as well as the illegal commerce between us has over many decades proven to be enduring, necessary, lucrative and quite creative. Miami-Dade County has 30 “sister city” agreements with foreign municipalities around the world, including one with The Bahamas. And one of Miami’s two “friendship city” relationships is with Barcelona which might prove to be prophetic, as we will see.
ONE ELEUTHERA: Important to seize the day as Eleuthera poised for growth
THE secret is out. Eleuthera – our beautiful island of freedom famed for its Glass Window Bridge and sweet sugar loaf (pineapples) is seeing unprecedented growth in tourism and development. Several weeks ago, I was given an opportunity to co-moderate the Eleuthera Business Outlook (EBO) that was organised by Joan Albury of the TCL Group and the Eleuthera Chamber of Commerce. There were many presentations pointing to the emerging opportunities linked to developments currently taking place and those slated for Eleuthera in the near future.
