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FTX Bahamas properties must fetch ‘80% of value’
All sales of FTX’s 35 high-end Bahamas properties must fetch a price that is “equal to or greater than 80 percent” of their broker-appraised values, it has been revealed.
Top sailor Spencer making some waves
Cartwright joins coaching staff at Brown University
Top sailor Spencer Cartwright has made a name for himself on the waters and will now look to make his mark as an assistant coach for the Brown University sailing team.
Tanks didn’t need anything, said a WSC manager in Gibson case
A WATER and Sewerage Corporation employee testified in the Adrian Gibson corruption trial yesterday that water tanks were in “fairly” good condition in 2020 before $260k contracts were awarded for companies to paint them.
‘I WAS FIRED FOR FOLLOWING RULES’: Adrian Gibson trial hears claim of WSC manager termination
AS Adrian Gibson’s criminal trial resumed yesterday, a Water and Sewerage Corporation (WSC) manager claimed she was “terminated” after refusing to pay companies awarded landscaping contracts because she lacked necessary documentation.
Country’s first dengue death confirmed to be nine-year-old boy
HEALTH officials confirmed the country’s first dengue fever death since the virus’ re-emergence this year - a nine-year-old boy who died after showing symptoms of the disease.
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.
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.
Bahamasair partners with NFL Flag Bahamas
Bahamasair, the national flag carrier, is now officially on board with NFL Flag Bahamas and will sponsor Team Bahamas for the Pro Bowl Games scheduled for February 1-4 in Orlando, Florida.
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.
ArawakX ‘good undeniable’ yet KC confident on full winding-up
ArawakX’s president says “nobody can deny the good” it achieved as Securities Commission attorneys hailed the appointment of provisional liquidators as vital to “protecting the capital markets”.
Bannister: No cap on WSC contract approval
FORMER Works Minister Desmond Bannister testified that the Water and Sewerage Corporation’s (WSC) board was not legally required to refer contracts over $250,000 for ministerial approval during his last day of testimony in the bribery and fraud trial of Long Island MP Adrian Gibson and five others.
NPBA: Heatwaves, Rockets, Shockers in the win column
THE New Providence Basketball Association continued its regular season action over the weekend at the Kendal Isaacs Gymnasium with a series of games played.
Giants and Millionaires in NPBA win column
THE TMT Giants and the Mekaddish Millionaires pulled off the New Providence Basketball Association’s double header at the Kendal Isaacs Gymnasium on Wednesday night.
Low vaccination rates spark fears over polio
HEALTH officials are alarmed by declining vaccination among children and fear the country is at risk of reintroducing polio and other deadly diseases.
Bahamas earns a berth in 2024 Olympic Qualifying Tournament
ERIC Gordon came up big down the stretch as the Bahamas pulled off a hard fought 82-75 victory over Argentina to win the FIBA Americas Olympic Pre-Qualifying Tournament title yesterday to earn their berth in the 2024 Olympic Games Qualifying Tournament next year.
Bahamas must target 70% cruise visitor ratio
A well-known hotelier says The Bahamas must do a better job on cruise passenger “conversion” and increasing the number of resort rooms if it is to maximise tourism’s economic benefits.
MVP jones’ double double leads Liberty to win
BEHIND the Most Valuable Player (MVP) performance of Grand Bahamian Jonquel Jones, the New York Liberty upset the Las Vegas Aces to win the Commissioner’s Cup.
‘Full probe’ demand on WSC chair resignation
The Opposition’s chairman last night demanded “a full investigation” into the resignation of the Water & Sewerage Corporation’s executive chairman, asserting: “You’ve opened the box so let’s see what’s in it.”
$36m stadium repair to finish 14 days before World Relays
THE Chinese government is fully covering the $36m repairs to the Thomas A Robinson National Stadium, which officials expect to be completed at least 14 days before the World Athletics Relay.
‘Buddy’ Hield and Pacers fall to Lakers
CHAVANO “Buddy” Hield, who was linked to trade rumours with the Los Angeles Lakers, watched as LeBron James and Anthony Davis put on a show to dismantle his Indiana Pacers to claim the first National Basketball Association’s In-Season Tournament title.
