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PLP will pay govt back ‘in next weeks’
PRESS secretary Clint Watson says he suspects that the Public Treasury will be reimbursed for Prime Minister Philip “Brave” Davis’ controversial trip to Bermuda by the Progressive Liberal Party in the next week or two.
Bahamian is shot dead by Turks and Caicos police
NATIONAL Security Minister Wayne Munroe said there was a police-involved shooting in Turks and Caicos which has left one Bahamian man dead, noting the incident involved members of the Royal Bahamas Police Force who were assisting the island.
Man ‘should serve 12 years’ for repeated sex offences
A 73-year-old Grand Bahama man convicted of having unlawful sexual intercourse with an eight-year-old girl was labeled a repeated child sex offender who should serve a prison term of 12 years, a Crown prosecutor submitted to the Supreme Court.
Man charged with attempted murder
A MAN faced an attempted murder charge in Magistrate’s Court yesterday.
No. 22 Tennessee beats USC in OT
PARADISE ISLAND, Bahamas (AP) — Tennessee has twice played without its leading scorer at the Battle 4 Atlantis. It hasn’t stopped the 22nd-ranked Volunteers from reaching the championship game.
STATESIDE: Special counsel Jack Smith and the Elliot Ness comparison
JACK Smith is Elliott Ness. Or is he? Especially before he grew a scraggly beard, Smith resembled Kevin Costner playing the Treasury Department’s legendary crime-fighter and nemesis of notorious Chicago Depression-era gangster Al Capone, depicted by the peerless Robert DeNiro in 1987’s celebrated movie “The Untouchables.”
Minnis: Govt needs to give answers over FTX
FORMER Prime Minister Dr Hubert Minnis has insisted there are many FTX-related questions that need answers by the Davis administration. As The Bahamas based crypto exchange fund’s collapse is news around the world, the Killarney MP said the spotlight has been shone on FTX’s conduct and the people behind the operation.
BISX-listed fund targets asset-doubling to $100m
A BISX-listed fund is reviving ambitions to “more than double” total assets to over $100m by “looking more aggressively” for property acquisitions following its recent preference share refinancing.
Food price control negotiations silent
Negotiations with the Government over expanding price controls on the Bahamian food distribution industry have gone silent for more than two weeks much to the sector’s relief.
S&P’s ‘shot in the arm’ exposes growth fears
Standard & Poor’s (S&P) has given The Bahamas “a shot in the arm” while further exposing that “additional taxation” will almost certainly be needed to hit the Government’s fiscal targets, a governance reformer warned yesterday.
Changing of the guard at hospital foundation
THE Princess Margaret Hospital Foundation, founded in 2003 to provide funding to the hospital, recently toasted a warm thank you to outgoing chairman Richard C Demeritte.
No. 3 Kansas beats NC State in coach Bill Self’s return
PARADISE ISLAND, Bahamas (AP) — Bill Self couldn’t wait to get started yesterday at the Battle 4 Atlantis. Neither could hot-shooting Kansas rookie Gradey Dick.
Sports notes
THE Bahamas Scholastic Athletic Association completed its best-of-three volleyball championships on Tuesday at the Tom “The Bird” Grant in Yellow Elder.
Ole Miss Rebels lose by two points in Pink Flamingo Championship
IN what turned out to be a dramatic finish to a great Baha Mar Hoops Pink Flamingo Championships last night at Baha Mar, the number 17-ranked Utah Utes held off the University of Mississippi Rebels 69-67 on a three-point play with just six seconds left on the clock.
Ellis, USC beat BYU
PARADISE ISLAND, Bahamas (AP) — Boogie Ellis scored 21 of his 27 points after the break to help Southern California beat BYU 82-76 in yesterday’s first round of the Battle 4 Atlantis.
DEIDRE BASTIAN: Beware the pitfalls of worker termination
Have you ever been terminated? Have you ever had to terminate anyone?
S&P slashes Bahamas ‘23 growth to just 1.1%
Standard & Poor’s (S&P) yesterday slashed its 2023 economic growth forecast for The Bahamas to just 1.1 percent despite giving the country a break on repeated annual creditworthiness downgrades.
Bahamas faces high risk economic ‘roller coaster’
The Bahamas will be on an economic “roller coaster for a significant period of time” as the US Federal Reserve and other central banks take swift action to combat inflation, a local banker warned yesterday.
PM tours GoldWynn site
PRIME Minister Philip “Brave” Davis and other government officials toured the construction site of the multi-million-dollar GoldWynn hotel and residences project on Cable Beach last week to view the development’s progress.
Food costs driving prices up for Thanksgiving meals
SOME local restaurant owners say inflation and the high cost of food in grocery stores have led them to increase prices of their Thanksgiving meals.