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HUBERT EDWARDS: The low growth, high debt trap
In the first article we assessed some of the consequences from a high, and growing, national debt. With The Bahamas’ debt-to-GDP ratio expected to remain above 80 percent over the mid-term at least, the question that dominates is the extent to which this is sustainable.
FIBA: Team Bahamas falls to Panama 88-66
THE Bahamas men’s national basketball team wrapped up its final two games in the FIBA Americas World Cup Qualifier with another loss. The team, coached by Moses Johnson, John Nutt and James ‘Jimmy’ Clarke, suffered a 88-66 decision against Panama yesterday. The loss came after the Bahamas was handed a 117- 70 rout against Venezuela on Thursday in Caracas.
Sports notes
BASKETBALL
Business Licences: 99% were approved ‘in time’
The Ministry of Finance’s top official yesterday said 99 percent of Business Licence renewal applications were approved “in time” with those outstanding needing to “clarify” questions surrounding their reported turnover.
Gov’t critic praises ‘impressive’ Budget
A well-known Government critic has praised the Christie administration for so far living up to its Value-Added Tax (VAT) promises, and starting the process to “move the Bahamas away from the fiscal cliff”.
CIBC: Bahamas stands tall versus rest of Caribbean
The Government’s fiscal reform efforts have been praised by CIBC FirstCaribbean’s Canadian parent, which believes the Bahamas’ sovereign rating “measures up pretty well against” over Caribbean nations.
Taxi union chief laments 80% Christmas decline
The taxi union's president yesterday lamented an 80 percent decline in Christmas business for his members compared to prior years with the festive season a "far cry" from pre-COVID earnings.
NCAA basketball: McCoy gets top honour, Bastian sets career high
MALACHI McCoy received a weekly honour as the top player in his conference and Lathaniel Bastian scored a new career high to highlight play from Bahamian student athletes in NCAA Division II basketball.
‘VJ’ Edgecombe and Donovan Freeman fall to east 88-86
BAHAMIANS Valdez “VJ” Edgecombe and Donovan Freeman took the court for the 2024 McDonald’s All-American Game at the Toyota Center in Houston, Texas on Tuesday.
Copa's Bahamas load factors still 80%-plus
COPA Airlines' performance is still holding strong, according to tourism director-general David Johnson, who told Tribune Business yesterday that through the months of March and April 2012 it was averaging load factors in the 80 per cents and above.
Bahamas urged: Target 80% in next aviation safety audit
The Bahamas must target a “high 70s-80 percent score” on its next aviation safety audit and match the world’s best, an attorney said yesterday, adding: “We’ve made great strides in a short span of time.”
‘Drastically shrinking’ middle class market
The Bahamian real estate market “shrinks drastically” beyond the $450,000 price point because too many purchasers are being priced out, a local developer has warned.
5% rise in food assistance to help offset 7.5% rate of VAT
PERSONS receiving food assistance from the Department of Social Services should soon see an increase of as much as five per cent in benefits to offset the introduction of value added tax, Social Services Minister Melanie Griffin said.
Burrows, Augustin-Fairell make season debuts in France
THE French Pro A League tipped off the 2018-19 season and both Bahamian players made their season debuts.Jaraun “Kino” Burrows and his Fos-Sue-Mur Provence Byers competed in Pro A for the first time while Jonathan Augustin-Fairell played his first ga
Bastian records 4th double double of season
BAHAMIAN student athletes at various levels of NCAA basketball opened their conference schedules following a series of COVID-19 related postponements.
Grant and Thunderwolves headed to Ontario University Association semi-finals
LEASHJA Grant and her Lakehead Thunderwolves are headed to the Ontario University Association semi-finals.
Shockersget 94-88 win over Rockets in NPBA
THE NPBA hosted its final double header before the league took a break from action as attention shifts to the FIBA World Cup Qualifiers and the Hugh Campbell Invitational.The JD’s Seafood Shockers (Division I) and the Aliv Bucket Team (Division II) t
Court of Appeal stays Gibson corruption trial
THE Court of Appeal stayed Adrian Gibson’s corruption trial yesterday pending the outcome of his appeal of a ruling from Justice Cheryl Grant-Thompson.
Witness that testified against Gibson admits to being questioned by police on fraud
A SENIOR engineer at the Water and Sewerage Corporation (WSC) who has given testimony harmful to Adrian Gibson and his co-accused admitted police questioned her for suspected fraud last year.
Hurricanes win 5th straight title with win over Mounties
POWERED by its group of Bahamian players, the Holland College Hurricanes have an opportunity to protect homecourt and reach another milestone in the national tournament.
