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DEVELOPER SUES GOVT FOR $3BN: Austrian takes action over blocked project in Abaco’s Treasure Cay
A controversial Austrian developer is demanding an astonishing $3bn-plus in damages and interest from the Government after it blocked his bid to acquire Abaco’s Treasure Cay project.
McPhee-McCuin and Ole Miss Rebels top Flyers 63-50
It was a grand homecoming for coach Yolett McPhee- McCuin as her University of Mississippi Rebels ran away with their opening game of the Baha Mar Hoops Pink Flamingo Championship at the Baha Mar resort last night.
More than 60 boats expected in 5th Best of the Best Regatta
WITHOUT any major regatta to skipper to accumulate points this year, the Ministry of Agriculture, Marine Resources and Family Island Affairs has opened the field to include more than 60 boats to participate in the fifth Best of the Best Regatta.
Regional investment summit eyes Bahamas as location
THE CARIBBEAN Export Development Agency (CEDA) wants to bring the Caribbean Investment Forum (CIF) to The Bahamas following this year’s successful staging in Trinidad and Tobago this November.
WORLD VIEW: Fearless fight for climate fairness
SHOWING all the frankness that he demonstrates in his domestic politics, Antigua and Barbuda’s Prime Minister, Gaston Browne, marched fearlessly like Daniel in the Lion’s Den, when he made several demands in Sharm El-Sheikh, Egypt where COP 27 is being held.
INSIGHT: Was the House of Assembly misled?
HERE’S a name you thought might have disappeared from the political map of the world – Boris Johnson. Bear with me, though, this isn’t just about what happened in faraway Britain.
BOB chief: Bahamas ‘long way from default’
Bank of The Bahamas’ top executive says the country is “a long way away from a debt default” even though constant sovereign downgrades are “taking their toll” on the banking industry and wider economy.
Free mammogram initiative launched in East Grand Bahama
A FREE mammogram initiative was launched in East Grand Bahama last week, providing some 100 women screenings at Doctors Hospital in Nassau.
Police investigate three incidents of sexual assault
Police are actively investigating three separate incidents of sexual assault, one on the island of Andros and the others on New Providence.
Wallace had a passion for helping others
BAHAMAS Association of Certified Officials (BACO) executive Courtney Wallace, remembered as a man for all seasons who had a passion for helping others, passed away on Wednesday, November 15 after a battle with cancer.
NPBA opening night: Rockets and Giants victorious
ON opening night when they didn’t receive their New Providence Basketball Association men’s championship rings, the Discount Distributors Rockets took their frustration out on the runners-up Commonwealth Bank Giants.
Calea Jackson signs with University of Miami
AN emotional strongwoman Calea Jackson made it official, signing her letter of intent to take her discus-throwing talent to the University of Miami where she will compete on the Hurricanes women’s track and field team.
UCF wins Bahamas Championship
THE Central Florida Knights began 10 days of NCAA Division I basketball at the Baha Mar Convention Centre by winning the “Bahamas Championship” tournament title. The Knights defeated the Santa Clara Broncos 57-50 last night in the finale.
Insurer: Hurricane season end ‘can’t be soon enough’
A TOP Bahamian insurance executive says the official end to the 2022 hurricane season “can’t come soon enough” given that Hurricane Ian will further “tie our hands” on premium prices for local consumers.
Long Island mixed on $250m cruise project
LONG Island businesses have given mixed reactions to the island’s proposed $250m cruise port, with some arguing it lacks the capacity to sustain the project and others asserting it is vital to prevent communities “dying out”.
Timeless Gold
ActivTrades
THE fact that gold prices have been subdued over the past year must be one of the most counterintuitive financial market dynamics of recent times. The precious metal is known as a safe haven, and a hedge against rising inflation. We certainly have had plenty of both recently, so why are gold prices down by more than 15 percent in relation to the yearly maximum reached in March? The answer is relatively straightforward: Blame the US dollar.
Pintard calls for Sears to resign
FREE National Movement leader Michael Pintard on Friday called for Works and Utilities Minister Alfred Sears to resign, pointing to what he called a “failure of the government to act appropriately to reduce the cost of electricity”.
$250m cruise port: ‘We’ll help Long Island flourish’
The proposed $250m Long Island cruise port will handle up to 12,000 persons daily at full build-out, one of its principals revealed yesterday, adding: “Our goal is to help Long Island flourish.”
'Very encouraging’ first quarter fiscal performance
FINANCIAL Secretary Simon Wilson yesterday described the nation’s fiscal performance for the first quarter as “very encouraging”, saying while officials see no reason why this positive trajectory can’t continue, they must also remain cautious due to the possibility of a recession, among other factors.
Five charged in connection with firearm and ammunition seizure
FIVE men were charged in Magistrate’s Court in connection with a recent seizure of a firearm and ammunition.
