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FTX FOUNDER ARRESTED: US expected to seek extradition
SAM Bankman-Fried, former CEO of crypto giant FTX, was arrested by the Royal Bahamas Police Force yesterday and will likely face extradition to the United States, Attorney General Ryan Pinder announced.
AG announces arrest of Sam Bankman-Fried
Former CEO of FTX Sam Bankman-Fried has been arrested, Attorney General Ryan Pinder has announced.
Sears admits misleading House on BPL fuel hedge
A Cabinet minister yesterday admitted misleading Parliament by initially denying he was briefed on the Bahamas Power & Light (BPL) fuel hedging controversy that will allegedly cost households and businesses over $100m.
'Sears unsuitable for his portfolio’
FREE National Movement leader Michael Pintard says Works and Utilities Minister Alfred Sears is “unsuitable” for his portfolio.
DEIDRE BASTIAN: Customer service is key to stand out from crowd
Today’s business environment is incredibly competitive, and superb customer service is required if you wish your company to succeed.
INSIGHT: As we approach 50, what does our future look like?
THE scene on Saturday morning was beautiful to see. Crowds turned out in force to either take part or volunteer to organise the Road to 50 road race.
$2m price tag as patients will be housed at doctors hospital
HEALTH and Wellness Minister Dr Michael Darville announced yesterday an agreement that allows the transfer of Princess Margaret Hospital patients to Doctors Hospital West.
4TH CARIBBEAN BASEBALL CUP: Bahamas victorious
Team Bahamas opened the new Andre Rodgers National Stadium and the 2022 Caribbean Cup on a winning note.
Valley Boys excited for Bay Street return
THE Valley Boys have not come to play this Junkanoo season, with one official declaring, “when you are a Valley Boy you represent greatness.”
Sensible plan?
IS government development of housing in a country, especially on New Providence with very little useable real estate left, the policy of this Government and of the past sensible?
Bail granted in firearm possession case
A MAN was granted $3,000 bail yesterday after allegedly being found by police with a loaded pistol over the summer.
A special dance show to celebrate confident women
Supporting women through dance and movement, the Girl on Pole Studio is celebrating its holiday season ‘Sexy Pole Dance Show’ on December 16.
Central Bank holding steady as reserves drawdown gains pace
The Central Bank yesterday maintained its prediction that The Bahamas’ external reserves will end 2022 ahead of prior year levels even though October’s decline exceeded 2021 by some $58.3m.
Christmas is back
The Bahamas has been on a rough economic, mental and societal roller coaster over the past several years. First we had assorted storms and hurricanes, Dorian being the most destructive in many years.
Lessons learned
ActivTrades
The collapse of the FTX crypto exchange, and the controversy swirling around its founder, Sam Bankman-Fried (SBF), have plunged the crypto market into an existential crisis.
US Congresswoman Frederica Wilson pays courtesy call on PM to celebrate Women's Suffrage Movement's 60th anniversary
UNITED States Congresswoman Frederica Wilson joined Prime Minister Philip “Brave” Davis at the Office of The Prime Minister for a courtesy call on Friday to celebrate the 60th anniversary of the Women's Suffrage Movement.
DEIDRE BASTIAN: Beware the pitfalls of worker termination
Have you ever been terminated? Have you ever had to terminate anyone?
DEVELOPER SUES GOVT FOR $3BN: Austrian takes action over blocked project in Abaco’s Treasure Cay
A controversial Austrian developer is demanding an astonishing $3bn-plus in damages and interest from the Government after it blocked his bid to acquire Abaco’s Treasure Cay project.
The madness of shrinkflation
I got one of the most significant shocks of my life when I saw a young lady holding a baby standing next to me in a food store aisle, unzip her bag and politely drop two jars of baby food in it, and calmly zip it back up. Then she moved further down the aisle and repeated the same thing with other items.
Destruction of an icon
ActivTrades
WHAT exactly happened? How could FTX go bankrupt almost overnight? And what does that mean for the entire market? We are trying to reconstruct the whole drama.