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FTX’s Bahamas liquidators beaten to $143m by DOJ
The bid by FTX’s Bahamian liquidators to take control of $143m held in US bank accounts was rendered “moot” - at least temporarily - after the assets were seized by the US federal authorities.
GB airport not enough for ‘diamond in rough’
A hotelier yesterday said “it’s about time” that the “diamond in the rough” which is Grand Bahama gets polished as he warned that fixing the island’s airport will not be a cure-all for its multiple challenges.
Developer: ‘All this waiting is Bahamians not working’
A Bahamian businessman is hoping work on a $63m New Providence real estate development can start this month, adding: “All this waiting is persons not working who could have jobs.”
PM hails Bahamas relations with China
PRIME Minister Philip “Brave” Davis hailed relations between The Bahamas and China as he spoke at the observance of the Chinese Lunar New Year festival on Thursday last week.
Wheelchair donation a gift of hope
CHINA donated 15 wheelchairs to The Bahamas in a ceremony on Friday.
Teachers back in class after Eleuthera protest
TEACHERS from Preston Albury High School in Eleuthera have gone back to the classroom after they, along with parents, protested earlier this month, Acting Director of Education Dominique McCartney-Russell said.
Finlaysons fail to escape $2.8m loan default liability
A prominent Bahamian businessman and his son yesterday failed to escape paying the outstanding $2.763m balance on a defaulted loan that was secured on their high-end yacht.
AG: Don’t be reckless on cases of pollution
ATTORNEY General Ryan Pinder yesterday cautioned Free National Movement leader Michael Pintard to be mindful “not to make reckless forecasts” as to what may be awarded this jurisdiction for environmental damage in connection to two shipping incidents that took place last year.
‘GOVT STALLING ON MARITAL RAPE LAW’: Activists say women’s rights are not being treated as a priority
WOMEN’S rights activists have accused the government of “dragging its feet” on marital rape legislation, suggesting the Davis administration is stalling with ongoing consultations.
Jonquel Jones traded to New York Liberty
It’s now official. After spending the past seven seasons in the Women’s National Basketball Association (WNBA) with the Connecticut Sun, the 29-year-old Grand Bahamian native Jonquel ‘JJ’ Jones has packed her bags and is now with the New York Liberty.
INSIGHT: Questions remain unanswered over Bermuda PLP trip
THE curious tale of the Progressive Liberal Party’s trip to Bermuda resurfaced in public this week – and despite it being several months on from the event, the official line has still failed to nail down all the answers.
That takes the cake - egg prices soaring
SEVERAL local bakeries have expressed frustration over the “incredible” rise in the price of eggs, among other items, in grocery stores on the island.
Stop ‘abandoning’ Budget projections
The Government must “stick to” its fiscal forecasts and stop treating the Budget “as an annual exercise” if it is to build much-needed investor confidence, a Bahamian banker is warning.
Western Air ‘implores’ overflight fee peace
A Bahamian airline is “imploring” the Government and its US counterparts to resolve their overflight fee dispute without impacting its ability to fly to America and “unreasonably disadvantage” its business model.
Developer takes ‘Passion’ to his Love Beach project
A prominent Bahamian developer is taking his “Passion” to Love Beach with plans to construct two seven-storey condo buildings that will in total feature 61 three-bedroom units.
PM to discuss national security issues at the White House
Prime Minister Philip ‘Brave’ Davis will visit the White House tomorrow to discuss issues of national security, including illegal migration and gun trafficking, with US Vice President Kamala Harris.
Woman taken to hospital after being shot by police
POLICE shot a woman during a car chase that ended in an accident in Grand Bahama yesterday.
‘Minister must resign’ over taxi plates issue
THE head of the Bahamas Taxi Cab Union is calling for Transport Minister JoBeth Coleby-Davis to resign, claiming that her decisions since assuming office have caused utter “chaos” and “turmoil” in the industry.
Workers’ hours cut back at some gas stations
GAS station operators say they remain in “wait and see” mode over their requested margin increase and are hoping that the government will make a decision within the first quarter of this year before the sector is forced to cut staff.
$60M ‘LOST’ IN POLLUTION FINES: FNM leader says the govt failing to act on environmental laws
FREE National Movement leader Michael Pintard said the country stands “to lose up to $60 million in uncollected fines” because the Davis administration has failed to act on environmental laws and punish polluters.
