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Bahamas receives ‘junk’ Xmas present from S&P

Standard & Poor’s (S&P) yesterday gave the Bahamas a ‘junk’ creditworthiness downgrade for Christmas, raising alarm that this nation’s economic and fiscal woes are taking it “over the precipice”.

Chamber chief urges: ‘Stop finger pointing’

The Chamber’s chief executive yesterday urged Bahamians to “stop finger pointing” and instead develop “workable solutions” to this nation’s economic and fiscal woes, in the wake of Standard & Poor’s (S&P) ‘junk’ downgrade.

Chinese fraud suit alleges Bahamas bank ‘conflicted’

A Bahamian bank has now become embroiled as a “third-party defendant” in a lawsuit that alleges it may have had a ‘conflict of interest’ in its dealings over a purported Chinese real estate investment fraud.

Fiscal woe ‘daunting task’ for next Govt

The Democratic National Alliance’s (DNA) leader yesterday warned that the next government faces “a daunting task” to arrest the Bahamas’ fiscal decline, suggesting it start with reforming the Finance Ministry and associated agencies.

POLITICOLE: Split party, split votes and the leader who splits opinions

‘I, Hubert Alexander Minnis, is the leader of the Free National Movement ...” Cringe.

SPORTING MISCHIEF & MAYHEM: Naughty’s Top 5 great sports moments on Christmas Day

AS we get even closer to Christmas, and the veritable ‘sports feast’ that awaits us over the next few days on television, I decided to go with a Top 5 list of great sports moments that occurred on Christmas Day.

Dentistry in a stronger Bahamas

As the year 2016 comes to a close it is my hope that our country and its people make plans for a healthy 2017.

Developer urges: Don’t ‘destabilise’ residency market via $1m mark

A Bahamian developer is urging the Government not to suddenly “destabilise” the real estate market through plans to change the permanent residency threshold, expressing concern for his $60-$70 million in active sales.

Renewable operators ‘prefer’ net metering

Bahamas Power & Light’s (BPL) ‘small-scale renewable generation’ proposal has been hailed as “long overdue” by industry operators, despite misgivings over the chosen compensation method.

NPBA: Stingers close out year with two straight wins

THE PJ Stingers closed out the year by winning two consecutive games on the final weekend of regular season play for 2016 in the New Providence Basketball Association.

Commission’s regulatory powers restored by court

The Appeal Court has overturned a verdict that prevented the Securities Commission “from acting in the public interest”, following its battle with a BISX-listed company over the latter’s compliance with regulatory capital standards.

BOB ‘boggles mind’ with 46% bad loans

More than 46 per cent of Bank of the Bahamas’ $510 million loan portfolio is now impaired, with ‘bad’ credit extended to business customers exceeding the sum that remains current.

GOLF: Great Exuma, Abaco Classics all set

THE sports tourism sector continues to garner attention from the international golf community with a pair of new events planned to join the schedule.

BPL can ‘undervalue’ price consumers get for renewable energy

Bahamas Power & Light (BPL) will initially be allowed to “undervalue” the price it pays to purchase renewable energy generated by its residential customers, according to proposals released yesterday.

Bahamas not ready for exchange control end

The Bahamas is not ready for any “outright removal” of exchange controls, the Central Bank’s governor said yesterday, adding that it sees “significant room” for the targeted liberalisation of capital flows.

Tourism levels really a success?

WHAT are our actual, net stay-over visitor levels? How many ‘oo’s do we attract by holding Government meetings, etc…?

Watson: No party has advantage ahead of election

THE 2017 general election will be a measure of pitch-perfect campaigns rather than base support or popularity, according to former Deputy Prime Minister Frank Watson, who yesterday projected that no political party held any “real” advantage going into the polls.

The Tribune

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