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Bahamas faces recession if US falls over ‘fiscal cliff’
The US could tip the Bahamian economy back into recession within eight months unless Washington reaches a deal by tonight to avert its so-called ‘fiscal cliff’, a former finance minister has warned.
Dropping air routes 'not political move'
BAHAMASAIR General Manager Henry Woods yesterday dismissed claims that the decision to drop routes to Treasure Cay was a politically motivated punitive measure.
Family Island resorts suffer mixed Xmas
OCCUPANCIES at Out Island resorts for the Christmas period and into the New Year appear to be mixed, with one major property forecasting strong performance, while another said its guest business was in the
$4.1bn pension liability a ‘Titanic-sinking iceberg’
The Government’s unfunded public sector pension liabilities will hit $4.1 billion by 2032 without proper reform, a leading accounting firm yesterday describing this as “unsustainable” and akin to “the iceberg that sank the Titanic”.
Average 34-minute wait time for ambulances
NINETY per cent of ambulance delays in New Providence in 2012-2013 were due to “a lack of availability of a unit”, a report prepared by the government’s international consultants Sanigest Internacional found.
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.
Red Cross seeks volunteers
THE Bahamas Red Cross Society is looking to increase its volunteer intake across the country to assist in its work to provide relief and assistance to those in need and during times of disaster.
Lashann scores 31, earns MVP award, Jonquel on court
LASHANN Higgs earned another weekly MVP award for Pajariel Bembibre in Spain’s Liga Femenina Endesa while Jonquel Jones and UMMC Ekaterinburg returned to Russian Premier League play.
Big weekend for Shamar Burrows in the AUS
FOLLOWING several postponements, The Dalhousie Tigers were back on the court in Atlantic University Sport play and Shamar Burrows delivered a weekend of career-scoring performances to extend their win streak to seven.
Jonquel Jones has double double, Foxes 11-0 in Euro League
JONQUEL Jones and her UMMC Ekaterinburg Foxes returned to FIBA Women’s EuroLeague play for the first time in nearly a month and remained just as dominant as the last time they took the floor.
Jonquel Jones delivers another double double, Foxes stay undefeated in FIBA EuroLeague
JONQUEL Jones delivered another double double and her UMMC Ekaterinburg Foxes remained undefeated in FIBA Women’s EuroLeague play in Europe.
Darville: Drop in cases may be result of low testing
HEALTH Minister Dr Michael Darville urged Bahamians not to become overly optimistic about the slight drop in recent COVID-19 infections, saying the declining numbers could be a result of low virus testing.
Munroe, Isaacs Jr latest call-ups for spring training
WITH the latest call-ups, a total of seven Bahamian minor league prospects have now participated in spring training with their respective Major League Baseball organisations.
Stingers win the Secret Santa tourney
THE Sunland Baptist Stingers’ quest for a national title and a third consecutive GBSSAA championship got off to a promising start this week with an impressive preseason.
Queen appoints Dame Marguerite as the next Governor-General
DAME Marguerite Pindling, the widow of the country’s first Prime Minister, has been officially appointed as the new Governor-General of the Bahamas.
Battle resumes over $7m West Bay condo wind-up
The long-running legal battle over an upscale, $7 million West Bay Street condominium project has reignited over attempts to place it into court-supervised liquidation, Tribune Business can reveal.
FNM offers support over energy – if the PLP is serious
FNM Chairman Darron Cash said that Prime Minister Perry Christie will get both “political cover” and “support” from the FNM if he is honestly serious about addressing the country’s energy challenges.
Bahamas sees $715m gain if ‘infrastructure gap’ closed
The Bahamas stands to gain a $715m boost if it invests just $31m to close the “digital infrastructure gap” between itself and the world’s leading economies, a multilateral lender is arguing.
Demolition begins at Port Lucaya resort ahead of development
DEMOLITION of the Port Lucaya Resort started yesterday, clearing the way for a major real estate development.
SYSTEM EXPECTED TO STRENGTHEN AS IT REACHES THE BAHAMAS
By RASHAD ROLLE