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Households in poverty grow 83% in 4 years

Bahamian households living below the $5,000 poverty line increased by 83 per cent between 2007 and 2011, an Inter-American Development Bank (IDB) report warning that “dramatic income deterioration” has driven this number well above 5,000.

Venezuela brings home $9bn in gold

CARACAS, Venezuela (AP) -- Venezuela repatriated a final shipment of gold from foreign banks Monday, saying the country has withdrawn a total of $9 billion in its gold reserves and moved it to the country's Central Bank. The shipment of 14 metric tons (15

Relatives waiting for test results

RELATIVES of a police reservist are awaiting the results of the woman’s COVID-19 test to determine if she had the disease when she died.

Doodles of the famous raise funds for children

LUCAYA international baccalaureate students Cassie Haddad, Katie Hindley and Imani Sterling are finalising the framing of the ‘doodles’ they have collected from various well known Bahamians and famous ex-patriots with Bahamian connections.

‘Grammy’ Wallace-Whitfield: Go for Gold

BAHAMIAN Olympian Pauline Davis and CARIFTA volunteer as well as long-time track and field supporter Beverly “Grammy” Wallace-Whitfield offered strong words of wisdom and encouragement to Team Bahamas.

Nicole: Tourism suffers no ‘overwhelming shrinkage’

The Bahamian tourism industry has not suffered a “material” reduction in bookings and guests despite now-Hurricane Nicole striking Grand Bahama and Abaco, a senior hotelier said yesterday.

GDP boost from raising Bahamas' 60% net access

GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said

Major retailer 'close' to returning all staff

A major Bahamian retailer yesterday said it is now “close” to bringing back all 80 staff after the government gave permission for its sector to open up five days per week from 8am to 6pm.Brent Burrows Jr, manager of e-commerce and online shopping wit

Gov’t in sovereign wealth fund plans

The Government’s draft oil exploration legislation contains provisions for the creation of a Bahamian sovereign wealth fund, which would receive all due multi-million dollar royalty payments on any ‘black gold’ under this nation’s water.

'Bahamas not ready for a white PM'

FORMER Cabinet minister Brent Symonette yesterday suggested the country was not ready for a white prime minister as he reiterated his call for a national discussion on race and wealth in politics.

Major PI resort to shut Sunday

A major Paradise Island resort will offer workers voluntary separation packages following this Sunday's closure that will put at least 85 percent of staff back on temporary furlough.

Govt in ‘back handed’ Hawksbill change move

A prominent QC yesterday agreed that the Government’s call for Freeport businesses to seek renewal of their tax breaks was a “back handed” attempt to amend the Hawksbill Creek Agreement, with the move representing “the worst formula for business”.

Caves Heights sees increased activity

CAVES Heights has seen a major increase in real estate inquiries through November and into December, resulting in seven condo sales over a three-week period.

Police: Reported financial crimes strike five-year low

TOTAL financial crimes reported to the Royal Bahamas Police Force (RBPF) fell to their lowest level for five years in 2022 with a near-30 percent decline compared to 2021.

Shockersget 94-88 win over Rockets in NPBA

THE NPBA hosted its final double header before the league took a break from action as attention shifts to the FIBA World Cup Qualifiers and the Hugh Campbell Invitational.The JD’s Seafood Shockers (Division I) and the Aliv Bucket Team (Division II) t

Baha Mar team starts ‘educating’ liquidators

The Government and Baha Mar remained far apart yesterday on their interpretations of the provisional liquidation ruling’s impact, as the developer started to “educate” the Supreme Court’s appointees on the intricacies of the $3.5 billion project’s predicament.

AG unveils ambition for ‘near shore Delaware’

Insolvency practitioners yesterday said the Attorney General’s ambition for The Bahamas to become “the near shore Delaware of corporate structuring” was both “achievable” and “appropriate” if the correct reforms are made.

AML loses receiver bid over attorney's assets

An attorney and grandson of Sir Milo Butler has successfully fought-off a BISX-listed retail group's bid to appoint a receiver over his 25 percent interest in the family's trust.

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.

EDITORIAL: Trump under fire - and furious

Two relatively unploughed fields of battle have now opened in Washington, DC for America’s most adept media manipulator. While President Donald Trump’s public 2017 fights with critics and erstwhile friends were largely limited to TV and print media, the worlds of books and movies have now been added to the public frenzy that is the current US presidency.

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