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National debt in $30m fall
The Bahamas’ national debt has seen its first quarterly decline for years as it fell by just over $30m during the three-months to end-March 2019 thanks to a small budget surplus. The Central Bank’s quarterly review for the period, published this wee
The world is changing and we must react
The boom and bust cycle of the global economy is well established. WTO says global trade has under performers with growth of 3% and is expected to decline in 2019 to 2.6 %. The IMF forecast a global slowdown for 2019. The United States (US) is the world’s largest economy in nominal GDP so I will focus mainly on the US in my analysis.
Students lose math fear via web-based learning
The Bahamas Technical and Vocational Institute (BTVI) has been using Internet-based learning systems to reduce the fear of mathematics among its students. The subject has always been daunting for Darian Smith. Since high school, he always struggled w
Caribbean rating agency entering Bahamas market
A Caribbean rating agency yesterday voiced optimism it can help Bahamian debt issuers raise capital at lower costs after being approved to offer its services in this nation.Wayne Dass, Caribbean Information and Credit Rating Services Limited (CariCRI
Students stay put in China - for now
AS the government continues to closely monitor the deadly coronavirus in China, Foreign Affairs Minister Darren Henfield said yesterday that officials see “no real reason” to evacuate Bahamians studying in Wuhan.
Healthcare suffers $90m ‘massive blow’ in Dorian
A Cabinet minister yesterday revealed that Hurricane Dorian was estimated to have inflicted $90m worth of damage on the public healthcare infrastructure, describing it as “a massive blow”.
INSIGHT: Watch the pendulum swing as promises aren’t kept
HARKENING back to the election campaign which decimated the former Progressive Liberal Party government, a major talking point on the campaign trail was corruption.
Jones and the Connecticut Sun miss out on championship
WASHINGTON (AP) — The Washington Mystics won their first WNBA championship, getting 22 points from Emma Meesseman and 21 from banged-up league MVP Elena Delle Donne to beat Jonquel Jones and the Connecticut Sun 89-78 in Game 5 of the Finals on Thursday night
Bail for man accused of armed robberies
A YOUNG man allegedly flogged with a cutlass by police while in custody over a litany of armed robbery charges has been granted bail ahead of his trial.
EDITORIAL: Union pays price for wrong tactics
WHEN junior doctors walked out on strike in August, initially there was sympathy for the medics, but that sympathy ran out very quickly.
Calling on church to speak up
“NOT everything that is faced can be changed, but nothing can be changed until it is faced.” ~ James Baldwin.
Twelve-year-old Finley Lambert sails away with Optimist National Championship title
AFTER returning since it was postponed in 2021 due to the coronavirus pandemic, 12-year-old Finley McKinney Lambert clinched the Optimist National Championship title in the waters of Montagu Bay.
‘Abaco is in great need’
AN Abaco pastor says there is a great need for social assistance on the island as people struggle to feed themselves amid increased food costs due to inflation.
Moody’s fears on bond refinancing
Moody’s has voiced fears about The Bahamas’ continued access to capital markets and high interest burden if it is unable to successfully refinance maturing bond issues in four consecutive years from 2024 onwards.
DIANE PHILLIPS: The Punch and the power of one
IF you read the final issue of The Punch yesterday, published three days after the death of its editor, publisher, creator and defender Ivan Johnson, you had this sinking feeling in your gut that an important chapter in the history of The Bahamas had closed.
Gov’ts $62m property tax amnesty write-off
The Government wrote-off $62m in outstanding real property taxes to gain just $37.5m in extra revenue via its recent amnesty initiative, it was revealed last night.
Shipyard’s $350m expansion to give 2022 economic boost
The Grand Bahama Shipyard’s $350m investment in two new dry docks will provide a much-needed economic boost to the island in 2022, government officials confirmed yesterday.
Bahamas Bowl: Dearmon says Blue Raiders are ready for challenge
RETURNING for their second appearance at the Bahamas Bowl, Middle Tennessee’s offensive coordinator/quarterbacks coach Brent Dearmon said the Blue Raiders are ready for the challenge ahead of them this year.
Pilots blamed for Abaco crash
PILOTS who died in a plane crash in Abaco last month did not properly configure the settings on the aircraft for takeoff, investigators say in their report on the crash.
Carnival hopes 20-year port wait nearing end
Senior Carnival Cruise Lines executives have voiced optimism that their 20-year search for a private port location in Grand Bahama is nearing an end with their latest $100m project.
