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New faces, same story

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The re-elected Turkish president, Recep Tayyip Erdoğan, wanted to calm the markets and settle the Turkish currency crisis with the new finance minister, Mehmet Şimşek. But the plan did not work, and the lira hit a new record low on Friday last week.

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UK tells Bahamas: Let’s expand 295% export rise

The UK wants to build on last year's 295.1 percent increase in Bahamian exports and thus cure its "historical commercial underrepresentation" in this nation, its trade chief for Latin America and the Caribbean has revealed.

Developer eyes $5m New Providence move

A Bahamian developer yesterday disclosed it plans to invest up to $5m in developing a 2.3-acre project close to Lake Cunningham that will provide medical services to western New Providence residents.

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$13.4bn flowed through FTX Bahamas accounts

Some $13.4bn flowed through FTX's Bahamas accounts in the ten months immediately prior to the crypto exchange's collapse, its liquidators revealed yesterday, as they sought to dispel allegations it was "a nullity".

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Moody’s: Govt must broaden revenue

Moody's yesterday asserted that hitting the Government's fiscal targets "rests on broadening the revenue base" as a prominent banker urged the administration: "Stop saying no new taxes."

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BTC targets Internet lead with 90% fibre coverage

The Bahamas Telecommunications Company (BTC) is aiming to cover 90 percent of New Providence with its new fibre network within the next nine months as it placed broadband Internet at the core of yesterday's corporate rebranding.

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Jonquel, Liberty look to bounce back after Sunday’s loss to Sky

BAHAMIAN Women’s National Basketball Association (WNBA) player Jonquel Jones and the New York Liberty will look to bounce back from this past weekend’s loss against the Chicago Sky.

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PETER YOUNG: Global summits, where countries meet to establish consensus and end with compromise

It became one of Winston Churchill’s better known maxims – “Jaw, jaw is better than war, war”. Britain’s famous Second World War leader was talking about the desirability of dialogue over destruction in the conduct of relations between states. This put the lie to accusations that he was a warmonger when the evidence showed that he opposed the use of force rather than negotiation with an aggressor in order to protect his country’s interests.

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BPL set for a 'maturity audit'

Regulators are searching for consultants to conduct a "maturity audit" of Bahamas Power & Light (BPL) in a bid to assess the energy monopoly's performance and develop better regulatory oversight.

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Haywards ready for GBPA 'sell down' to right partner

The Hayward family is willing to part with some of its Grand Bahama Port Authority (GBPA) ownership interest to aid Freeport's revival, it was revealed yesterday, but does not believe the Government should take "majority" control.

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Lincoln Bain allowed appeal to Privy Council

THE Court of Appeal has granted Lincoln Bain permission to appeal its decision supporting a Supreme Court order that he repay monies on a failed investment.

Key tax arrears jump $230m to hit $1.13bn

Tax arrears owed to the Government from three key revenue streams increased by a collective $230m during the first nine months of the current fiscal year to hit $1.13bn at end-March 2023.

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Property tax cap up 25% to hit $150,000

Bahamian realtors have given a mixed reaction to the Government's decision to increase the annual real property tax cap by 25 percent to $150,000.

Backward attacks

In order to understand the backwardness of certain opposition politicians, who reflexively oppose progressive tax reform, one has to put into perspective what they are actually advocating and defending.

BAAA Age Group Trials, Kids’ Athletics combine hailed a success

THE Bahamas Association of Athletic Associations hosted a successful combined Age Group Trials and Kids Athletics Championships over the weekend at the original Thomas A Robinson national stadium.

Halkitis: We'll meet targets - and beat them

A cabinet minister said that the government will “achieve” and “surpass” the budget targets in terms of the deficit with a goal to get the debt to GDP down to 50 percent by 2031.

Sweeting: Cultivation centre to open by end of the month

The Gladstone Road cultivation centre is 90 percent complete and will be ready for opening by the end of the month.

Ministry reveals revisions to High School Diploma

AFTER longstanding public outcry on the criteria of the Bahamas High School Diploma, the Ministry of Education announced on Friday several revisions that have been made.

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STATESIDE: No Labels independent party could play role of spoiler to democratic presidential bid in 2024

A new political movement has ambitions for next year that scare Democrats right down to their shoes. It’s called No Labels, and its leaders aspire to offer a third-party candidate for president in 2024. Dems feel this will hand an election to Trump that he couldn’t otherwise win. History shows they might be correct.

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FRONT PORCH: The life and times of an extraordinary patriot

We last spoke on May 11, the 95th birthday of George’s beloved friend, Arthur. This journal’s managing editor asked who the paper might contact to pay tribute to Sir Arthur Foulkes, five years shy of becoming a centenarian.