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Bahamas had to ‘walk and chew gum earlier’

The Bahamas should have “found a way to walk and chew gum” earlier in the COVID-19 pandemic so as to minimise its foreign currency debt hike, an economist argued yesterday.

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Furlough ‘frustration’: Workers want finality

A union president yesterday warned that the 90-day extension to the COVID furlough period is “adding to the frustration” of long-suffering workers who want “finality” for their plight.

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Central Bank official: OECD tried to 'hobble' permanent residency

A top Central Bank official has accused the OECD of trying to “hobble” the competitiveness of The Bahamas’ economic permanent residency regime by including it in an arbitrary “quasi-blacklist”.

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Governor: Target ‘minimum’ 2% for GDP growth

The Central Bank’s governor yesterday said The Bahamas needs to target a “minimum” of two percent annual GDP growth as he called for “stronger inroads” into double-digit unemployment.

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‘Singapore of Americas’ if we root out corruption

The Bahamas can become “the Singapore of the Americas” if it rids itself of corruption, poor governance and lack of vision, a prominent reform campaigner argued yesterday.

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NPBA action continues at the AF Adderley gym on Wednesday night

THE New Providence Basketball Association closed out play at the CI Gibson Gymnasium over the weekend and will resume competition at the AF Adderley Gymnasium on Wednesday.

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Davis Cup: Baker and Philip clinch final two spots

BAKER Newman and Philip Major Jr clinched the final two spots over the weekend at the National Tennis Centre to make up the Bahamas team for the American Zone II Davis Cup tie.

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Matthew will hit on Tuesday

AS Hurricane Matthew takes aim at Jamaica and Haiti, emergency management officials in The Bahamas along with other governmental agencies have ramped up preparation efforts as computer models project landfall in the southeast Bahamas by Tuesday.

EDITORIAL: Bahamian minnows swim with the sharks

TENNYSON Wells, who could see only the financial gain, not the destruction of long line fishing to our fisheries when he was Agriculture Minister in the early nineties, seems to take the same view of the controversial $2.1 billion proposal to invite the People’s Republic of China to partner with Bahamians in our fishing industry. To facilitate this the Bahamas government pledged the lease of 10,000 acres of Crown Land at Andros for the venture.

Pintard: ‘Why did leading finance officials contradict each other?’

The Opposition’s leader yesterday challenged the Prime Minister to explain why The Bahamas’ two top finance officials “would openly contradict each other” over the Government’s recent $500m borrowing.

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THE KDK REPORT: This life and the next

AT the start of a new year, it’s common practice as an adult to reflect on our lives. We assess our successes and failures throughout the preceding year and set goals for the near future. And every year, aside from wishing for more success, the hope ultimately is that we and our loved ones retain good health and even stronger relationships.

Despite army takeover, fear strong in Mexican town

By CHRISTOPHER SHERMAN Associated Press CIUDAD MIER, Mexico (AP) -- Schoolchildren once again chatter and scamper across the town plaza where drug gang gunmen last year torched the police station and left the remains of a dismembered man. By night, towns

Despite army takeover, fear strong in Mexican town

By CHRISTOPHER SHERMAN Associated Press CIUDAD MIER, Mexico (AP) -- Schoolchildren once again chatter and scamper across the town plaza where drug gang gunmen last year torched the police station and left the remains of a dismembered man. By night, towns

Despite army takeover, fear strong in Mexican town

By CHRISTOPHER SHERMAN Associated Press CIUDAD MIER, Mexico (AP) -- Schoolchildren once again chatter and scamper across the town plaza where drug gang gunmen last year torched the police station and left the remains of a dismembered man. By night, towns

Despite army takeover, fear strong in Mexican town

By CHRISTOPHER SHERMAN Associated Press CIUDAD MIER, Mexico (AP) -- Schoolchildren once again chatter and scamper across the town plaza where drug gang gunmen last year torched the police station and left the remains of a dismembered man. By night, towns

Despite army takeover, fear strong in Mexican town

By CHRISTOPHER SHERMAN Associated Press CIUDAD MIER, Mexico (AP) -- Schoolchildren once again chatter and scamper across the town plaza where drug gang gunmen last year torched the police station and left the remains of a dismembered man. By night, towns

Despite army takeover, fear strong in Mexican town

By CHRISTOPHER SHERMAN Associated Press CIUDAD MIER, Mexico (AP) -- Schoolchildren once again chatter and scamper across the town plaza where drug gang gunmen last year torched the police station and left the remains of a dismembered man. By night, towns

$2.5m impact blunts Bahamas First profit

Bahamas First Holdings yesterday said it shrugged off a collective $2.5 million ‘hit’ from Hurricane Sandy and various investment/commission decreases to hit “90 per cent” of its 2012 comprehensive income target.

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VAT 'less clean' to oversee than Customs duties

A Value Added Tax (VAT) will be “less clean” for the Government to oversee due to its several thousand collection points, a leading Bahamian accountant yesterday describing its administration as the “biggest challenge”.

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‘Out of whack’: Wall Street downgrades the Bahamas

A Cabinet minister last night said the latest Wall Street downgrade for the Bahamas reflected the fact the fiscal numbers were “out of whack”, with another rating agency expressing scepticism about the Government’s ability to stabilise the debt/deficit in the short-term.