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FTX chief’s $460m deal with Bahamas fund firm
FTX’s US chief yesterday unveiled a $460m settlement with a Bahamas-based fund manager that received hundreds of millions of dollars in the months leading up to the crypto currency exchange’s collapse.
GB to Abaco power cable ‘fraught with complications’
Grand Bahama Power Company’s top executive says running an electricity cable to Abaco is “fraught with complications” and remains a “longer-term opportunity” it plans to explore.
Oban revival dismissed despite $2.5bn plans
Talk of reviving the $5.5bn Oban Energies oil refinery deal has been dismissed as “foolishness” by the Prime Minister’s spokesperson although an “introductory call” was held with the project’s new owners soon after the 2021 election.
PI entrepreneur ready ‘at stroke of PM’s pen’
The Bahamian entrepreneur seeking to restore Paradise Island’s lighthouse yesterday revealed his financing needs have been “oversubscribed by more than 300 percent”, as he urged the Government: “Make good on our deal.”
250 jobs to come in Exuma project
A new $500m project for Exuma promises to boost that island’s tourism and spark significant job growth.
$500m resort project to do ‘wonders’ for Exuma
THE deputy prime minister yesterday said a $500m resort development targeted at Exuma’s Cave Cay project will “do wonders for the entire area” through creating one of the largest marinas in The Bahamas.
Ed Bethel
And then there were three. On Monday, March 13, the media profession in The Bahamas lost a giant of a journalist and broadcaster, Mr Ed Bethel.
Texas A&M Aggies capture inaugural Island Relays
GRAND Bahama — Veteran coach Pat Henry remembers his last trip to The Bahamas in October to participate in the homegoing service for his former Olympic sprinter Shavez Hart. This time, he was in a more celebratory mood as his Texas A&M Aggies captured the inaugural Island Relays over the weekend.
GB to Abaco power cable ‘doable’ but more needed
THE Grand Bahama Chamber of Commerce president says supplying power from the island to Abaco via an undersea electricity cable is “doable” but more details are required on the initiative.
Gardiner, Charlton open outdoor seasons with wins
It was a big outdoor season opener for World and Olympic champion Steven Gardiner at the 17th Annual Spring Break Classic in Carolina, Puerto Rico.
Sand Dollar High Flyers even the series 1-1
AFTER a tough loss to the Leno Regulators last week Thursday, the Sand Dollar Imports High Flyers evened the series 1-1 in a 86-63 blowout win.
Texas A&M Aggies lead Island Relays Bahamas
GRAND Bahama: After the first day of competition, Texas A&M Aggies have surged in front in the two-day Island Relays Bahamas at the Grand Bahama Sports Complex.
Ground broken on $15m solar farm project
LUCAYA Solar Power Ltd. officially broke ground on its $15m solar farm project in Freeport on Friday.
GBPA signs $15m solar farm deal
A $15M SOLAR farm will be constructed on Grand Bahama, making it the first of its kind in The Bahamas.
Port chief eyeing Abaco power cable connection
The Grand Bahama Port Authority’s (GBPA) president yesterday suggested running an electricity cable between his island and Abaco as a way to “stabilise” electricity costs and bring rates down.
First Class Promotions returns after 10-year hiatus
FIRST Class Promotions will host the first all-female boxing match in The Bahamas and Caribbean at 8pm on Friday, March 31 at the Kendal G.L. Isaacs Gymnasium.
Island Relays Bahamas Spring University Track & Field Invitational this weekend in Grand Bahama
ALL six of the universities from the United States of America are now in Freeport, Grand Bahama to participate in Island Relays Bahamas Spring University Track and Field Invitational this weekend at the Grand Bahama Sports Complex.
STATESIDE: Are recent provocative events a justification for escalation?
YESTERDAY’S headlines reported that Russian military jets damaged an American spy drone over the Black Sea on Tuesday. Two words immediately came to mind: casus belli. That’s Latin for “cause or justification for war”.
Gov’ts Central Bank debt soars 85% on IMF SDRs
The Government’s controversial borrowing of IMF special drawing rights (SDRs) reversed five years of decline by causing its net debt to the Central Bank to soar by 85.4 percent to $805.6m.
‘Good morning, I’m Ed Bethel’
“Silence! Silence? In this house”,