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Deltec’s ‘secret’ $2bn credit line for FTX ally
A BAHAMIAN bank has been accused of aiding FTX by allegedly “sidestepping” this country’s banking laws, helping to “siphon off” customer funds and providing an up to $2bn “secret” credit line.
Opposition fearing revenue loss on corporate tax delay
THE Opposition’s leader yesterday voiced concern The Bahamas may miss out on significant tax revenues, and lose business, from delays in implementing the 15 percent minimum global corporate tax.
Hugh Campbell Classic ‘off to sizzling start’
THE prestigious Hugh Campbell Basketball Classic got off to a sizzling start as some of the top senior boys’ teams made their early statements over the weekend at the Kendal Isaacs Gymnasium.
Jonquel Jones re-signs with New York Liberty
JONQUEL “JJ” Jones, former Women’s National Basketball Association (WNBA) MVP, has decided to run it back with the New York Liberty for the upcoming season
Bahamas Mantas water polo team 6th overall in South Florida tournament
DESPITE not carrying his best team, coach Laszlo Borbely said he was still pleased with the efforts of his Bahamas Mantas water polo team at the South Florida Tournament over the weekend.
Western condo development targets 150 construction jobs
A west New Providence condo project is aiming to create up to 150 construction jobs through its developer's first up to $20m foray into the real estate development market.
Forget the past
ActivTrades
The international stock markets have experienced an up-and-down week. In the US, the rise in producer prices was spoiling investors’ buying mood at the end of last week and the Dow Jones Industrial Average (DJIA) was falling. The German benchmark index, DAX, reached a new record high on Friday and left trading with slight gains.
Educators honoured for efforts to reduce HIV infections, prevent teen pregnancy
MORE than 90 educators across the country were honoured on Friday for their efforts to reduce HIV infections among adolescents and prevent teen pregnancy.
Man accused of killing woman on Ragged Island
A 34-year-old man was remanded in custody on Friday accused of killing a 39-year-old woman in a drive-by shooting on Ragged Island Street last month.
Woman charged with causing harm
A WOMAN was granted $2,500 bail on Friday after she was accused of injuring someone in an argument earlier this month
Clubs & Societies – February 16th, 2024.
The Bahamas Girl Guides Association Annual Guide Week Schedule:
FTX Bahamas creditors to have first meet March 15
FTX’s Bahamian subsidiary will hold its first creditors meeting on March 15 at Baha Mar’s convention centre as its liquidators ramp-up efforts to return assets to their rightful owners.
DARING FEAT: 70-year-old Gavin to attempt sail-a-thon from Exuma to Nassau
HE has sailed around the world in so many regattas, but Gavin McKinney has decided to try something that he has never done before and that is to sail from Exuma to Nassau in a 14-foot Laser boat.
Pro boxer Carl Hield: ‘It feels good to be 5-0-0 with five knockouts’
BAHAMIAN pro boxer Carl Hield stepped into the ring for a fifth straight bout in the professional ranks and was successful once again to remain undefeated.
GSSSA track & field set for feb .28
THE excitement is brewing in the air for the 30th edition of the Government Secondary Schools Sports Association Track & Field Championships and the Ministry of Education is more than enthused about putting it on from February 28 to March 1 at the original Thomas A Robinson stadium.
FRONT PORCH: Signs of failure and dysfunction still plague us
Last year there were 103 homicides in Greater London, with a population of approximately 8.9 million. The Bahamas, with approximately 400,000 people, had 110 murders, the majority of them on New Providence, with a population of approximately 300,000. Stabbing accounted for 65.05 percent of the homicides in London. The greater majority of homicides in The Bahamas are caused by guns.
‘Pregnant with opportunity’: FOCOL’s $25m rights issue
FOCOL Holdings is “pregnant with opportunities”, its chairman said yesterday, as it unveiled a $25m rights offering for existing shareholders to finance further expansion plans.
DPM: Crime coverage woe ‘losing momentum’
THE Deputy Prime Minister yesterday voiced optimism that damaging media coverage of The Bahamas is “losing momentum” with major resorts reporting peak winter occupancies “in excess of 80 percent”.
Gov’t to split ‘smart city’ money streams with Aliv
THE Government’s digitisation chief yesterday said it will evenly split the “new money” generated through its three-year partnership with Aliv to transform downtown Nassau into a “smart city”.
Bahamas reported among escapees from EU blacklist
THE Government’s growing optimism that The Bahamas will imminently escape the European Union’s (EU) tax blacklist appeared justified yesterday amid reports this nation is among those set for delisting.
