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IMF WARNING TO GOVT ON DEFICIT: Spending expected to outpace income by three times forecast
The International Monetary Fund (IMF) last night blew a hole in the Government’s 2023-2024 Budget projections by warning the fiscal deficit will likely be almost three times’ higher than forecast.
Inagua man jailed for alleged wounding of man with cutlass
A MAN was remanded after he allegedly wounded a man at a police station in Inagua and assaulted four others with a cutlass last week.
Man accused of breaking into gas station sent to Sandilands
A MAN was sent to Sandilands Rehabilitation Centre after he allegedly attempted to break into a gas station in Andros earlier this year.
DEREK SMITH: The balance anti-money laundering officers strike
In an era where financial crime is as innovative as the technology that battles it, the role of the compliance officer in the anti-money laundering (AML) domain has never been more pivotal or pressured.
Women’s national soccer team prepare to host USVI
WITH a slightly different team that played in their first Gold Cup match, head coach Ricqea Bain is confident that the women’s national soccer team will perform much better as they christen the newly renovated field at the Roscoe Davies Developmental Center.
Woman sues passport office for $21k over chair collapse
A WOMAN is seeking more than $20,000 in special damages and other awards after a Passport Office chair she sat in collapsed in 2018.
Spartans win Baha Mar Hoops crown
University of North Carolina at Greensboro Spartans’ forward Mikeal Brown-Jones called the Baha Mar Hoops Nassau Championships one of the greatest tournaments he’s ever played in.
Villanova Wildcats take third Battle 4 Atlantis title
THE Villanova Wildcats added a third Battle 4 Atlantis title to their collection after they triumphed 79-63 over the University of Memphis Tigers on Friday in the championship game at the Imperial Arena, Paradise Island.
Track and Field Classic ‘a tremendous success’
THE inaugural Bahamas Law Enforcement Co-Operative Credit Union Limited’s Law Enforcement Track and Field Classic on Saturday was termed a tremendous success, not just by the organisers, but the participants as well.
Smaller delegation for COP28 meeting in Dubai
FEWER than 20 people will be a part of the delegation attending COP28 in Dubai, United Arab Emirates, next week, far fewer than the group of 70 that represented the country in Egypt during last year’s event.
Bahamas broker’s clients: ‘We’ll be left with nothing’
Deloitte & Touche liquidators and their attorneys have been awarded over $1m in costs despite clients of a collapsed Bahamas broker/dealer voicing fears this payment leaves nothing for them to recover.
Wildcats to face Tigers in Battle 4 Atlantis finale
The Villanova University Wildcats snuck past the North Carolina Tar Heels in an 83-81 overtime thriller to advance to their third Battle 4 Atlantis finals yesterday at the Imperial Arena, Paradise Island.
Giants and Millionaires in NPBA win column
THE TMT Giants and the Mekaddish Millionaires pulled off the New Providence Basketball Association’s double header at the Kendal Isaacs Gymnasium on Wednesday night.
Bahamas Junior Sunfish Nationals rock Elizabeth Harbour
THE 2023 Bahamas Junior Sunfish Nationals took place this past weekend in beautiful Elizabeth Harbour in George Town, Great Exuma.
STATESIDE: Biden seeking to avoid gaffes
US President Joe Biden is known for avoiding live press conferences. In sharp contrast to his predecessor, Biden appears to believe that such largely unrehearsed sessions would expose him to more of the gaffes and errors that have occurred many times throughout his long public career – albeit without the crippling effect of some of his contemporaries’ mistakes and misstatements.
‘Don’t base corporate income tax decision on Shell $1.55bn’
The Bahamas must not implement a corporate income tax “on the narrow performance of entities” such as Shell which last year paid zero tax on its local subsidiary’s $1.55bn profits.
Battle 4 Atlantis men: Tar Heels to face Wildcats In Semifinals today
THE 12th Battle 4 Atlantis men’s tournament got off to a hot start for the Villanova Wildcats and North Carolina Tar Heels yesterday at the Imperial Arena, Paradise Island.
Deal’s ‘equal treatment’ for 53k FTX Bahamas claims
FTX’s Bahamian liquidators “are in the advanced stages” of negotiating a “global settlement” with their US counterpart that will ensure equal treatment for their near-53,000 creditors.
Commonwealth cuts loan delinquency by up to 5%
Commonwealth Bank says non-performing loans have reduced by between 1-5 percent across all credit segments since year-end 2022 as its portfolio expands faster than market growth.
BBFF can now boast of having 20 active professionals in the sport
WITH four more competitors earning their professional status this year, the Bahamas Bodybuilding and Fitness Federation can now boast of having 20 active professionals in the sport.
