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‘Fiscal hesitancy’ fear for Bahamas
A senior Caribbean financial services executive yesterday voiced concern that The Bahamas and other tourism-dependent states will suffer from “fiscal policy hesitancy” in addressing soaring post-COVID debt.
Ayton and Suns into NBA finals
LOS ANGELES (AP) — Chris Paul led the Phoenix Suns into their first NBA Finals in 28 years, beating the Los Angeles Clippers 130-103 last night to close out the Western Conference finals in six games.
D’Aguilar: Health visa has worked for nation
TOURISM Minister Dionisio D’Aguilar has defended the government’s use of the travel health visa saying it has “worked well” for the country.
‘I want us in best COVID categories’
A fully vaccinated Bahamas is the only way to fully revive tourism and achieve a Cabinet minister’s goal of “always being in the best category” for COVID-19 travel advisories.
Nearly $50m loans fall into delinquency
Almost $50m worth of loans became delinquent during May 2021 as COVID-19 payment deferrals continued to expire, the Central Bank of The Bahamas has revealed.
Briland hotelier: ‘Will bubble pop?’
A prominent Briland hotelier yesterday said tourism operators “don’t know whether a bubble is going to pop” with resorts continuing to enjoy “unheard of” bookings for the summer months.
Jonquel Jones scores 23 in return from EuroBasket tournament
WASHINGTON (AP) — Jonquel Jones scored 23 points and grabbed 16 rebounds in her return from the EuroBasket tournament, and the Connecticut Sun beat the short-handed Washington Mystics 90-71 last night.
PETER YOUNG: More than just a game
IN the US it is called soccer. Elsewhere in the world it is known as football, and in Britain it carries the affectionate sobriquet of the “beautiful game” which folklore suggests was a phrase first coined by the Brazilian footballer, Pele, known as perhaps the most famous footballing hero of them all.
Atlantis ‘close to 90%’ occupancy in coming weeks
Atlantis will operate at “close to 90 percent occupancy” over the next few weeks, its top executive revealed yesterday, with all properties apart from the Beach Towers having re-opened post-COVID.
Ayton has double double, but Clippers beat Suns 116-102 to stave off elimination
PHOENIX (AP) — Paul George scored 41 points, Reggie Jackson added 23 and the resilient Los Angeles Clippers staved off elimination by beating the Phoenix Suns 116-102 last night in Game 5 of the Western Conference finals.
EDITORIAL: Tourism returns at last - and we need it
WHEN we wrote about the return of tourism on Friday, we said the Americans were coming – well, they’ll be here sooner than you might have thought.
Two cases on cruise ship in Grand Bahama
TOURISM Minister Dionisio D’Aguilar said local residents were never exposed to two teens who had tested positive for COVID-19 on board a Royal Caribbean International cruise which ported in Grand Bahama on Thursday.
Insurer’s $5m payout to boost equity return
A Bahamian insurer will “significantly reduce our cost of capital” by redeeming $5m in preference shares as it awaits regulatory approval to acquire an agency owned by one of its main shareholders.
Financial services shed nearly 160 jobs in 2020
The Bahamian financial services industry shed almost 160 jobs in 2020, a Central Bank report has revealed, with the banking sector suffering multi-billion dollar declines in “balance sheet” and “fiduciary” assets.
‘It’s bouncing back with a vengeance’
Tourism was yesterday said to be “bouncing back with a vengeance” with 13,000 cruise visitors expected in the week before Independence and Nassau’s mega resorts reporting occupancies of up to 90 percent.
Ayton and Suns one win from NBA Finals
BAHAMIAN DeAndre Ayton and his Phoenix Suns are now in the driver’s seat of the National Basketball Association’s Western Conference Finals.
‘Greater resolve’ to eliminate Bahamas in financial services
A former prime minister yesterday warned that COVID-19 has “only strengthened the resolve” of major nations to eliminate the competitive threat posed by The Bahamas and other Caribbean countries.
Ayton leads Suns with 18 in loss to Clippers
LOS ANGELES (AP) — Paul George scored 27 points and the Los Angeles Clippers pulled away in a dominant third quarter, beating newly returned Chris Paul and the Phoenix Suns 106-92 last night in Game 3 of the Western Conference finals.
FRONT PORCH: States and citizens playing Russian Roulette with COVID
The Bahamas is making progress in the uptake of SARS-COV-2 vaccines by Bahamians. The uptake is consistent and steady. Yet, it is not as good as it can be nor as good as other jurisdictions where citizens are taking vaccinations at a quicker and eager pace.
Minister: ‘No favours’ to payment provider
A Cabinet minister yesterday asserted that “no special favours” were involved in hiring a digital payments provider to handle the health travel via fees generated by tourism’s COVID-19 re-opening.
