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Bahamas trade deficit up $325m at five-year high
The Bahamas' trade deficit expanded by $314.6m or 10.7 percent during 2022 to hit a five-year high of $3.254bn, it was reveled yesterday, as inflation and higher global oil prices caused import costs to soar.
ALICIA WALLACE: It is up to citizens to hold the govt responsible on human rights issues
HUMAN rights are being discussed with more frequency in The Bahamas in recent years, due in no small part to the human rights violations taking place and the responses of non-governmental organisations and the general public.
GB Power solar rates '30% below Caribbean'
Grand Bahama Power Company says the solar power rate it has obtained from independent energy providers (IPPs) is "30 percent less than what you see elsewhere" in the Caribbean.
Govt to remove shanty homes via building regulations act
ATTORNEY General Ryan Pinder said the Davis administration would demolish shanty town structures using the process outlined in the Buildings Regulation Act after the Supreme Court failed to deliver a favourable result to the government last week.
Bahamas liquidators slam US FTX chief's 'underhand' tactics
FTX's Bahamian liquidators yesterday accused their US adversaries of employing "underhanded" tactics to seize control of all the crypto exchange's clients and assets - including those that fall under their winding-up process.
Restaurant crowdfunder targeting $2.4m in sales
A restaurant entrepreneur yesterday said he is targeting $2.4m in total sales for 2023 as he mulls opening a third location on Carmichael Road.
WORLD VIEW: Objective journalism threatened by fake content and false media platforms
MEDIA freedom in the Americas, from Canada in the North to Argentina in the South, with the Caribbean in between, did not rank very well in the 2023 World Press Freedom (WPF) Index.
We are the champions
THE sixth edition of the Noble Preparatory Academy’s (NPA) spring classic basketball tournament saw four new champions crowned.
'Improve service quality before rolling out 5G'
Bahamian businesses and consumers want their communications providers to first focus on improving the quality and reliability of existing services before exploring the introduction of 5G (fifth generation) technology.
FNM Deputy hits out at amendment to security branch members' medical insurance policy
FREE National Movement Deputy Leader Shanendon Cartwright called government’s amendment to the medical insurance policy for security branch members “disgraceful and heartless”.
US court awards $203m in damages, legal fees to Louis Bacon in defamation case against Peter Nygard
A NEW York court has awarded over $203m in damages and legal fees to billionaire hedge fund founder Louis Bacon in a defamation case against his former Lyford Cay neighbour, Peter Nygard, according to US reports.
Eric Wiberg – 20 accidents at sea off New Providence
NEW Providence saw over 20 World War II aircraft ditch, crash, and explode into its adjacent waters. Most of these were to the south of the island, east, and north, and depended on direction of the winds, which air field was used, and complex night-time exercises using extremely bright Leigh Lights, and flying in formation. Mechanical failures from aircraft just delivered from American factories played a role as well.
'Real life consequences': Fidelity's $560k Moody's hit
The Government's declining creditworthiness has sparked "real life consequences" for a BISX-listed bank by forcing it to take a "much bigger than expected" $560,000 hit in its 2022 full-year results.
How can we create opportunity?
What areas can The Bahamas look at to create new job opportunities for Bahamians, particularly youth?
EDITORIAL: Court ruling shows up process flaws
THE government has won the right to demolish a grand total of two shanty town homes. Two. Not two hundred. Not two thousand. Just two.
SHANTY WIN - BUT FOR JUST TWO HOMES: OAG sought demolition for more than 260 shanty sites in Nassau and Abaco
CHIEF Justice Ian Winder ordered the demolition of shanty town structures belonging to just two people in The Bahamas yesterday, far fewer than the government had sought.
AML loses receiver bid over attorney's assets
An attorney and grandson of Sir Milo Butler has successfully fought-off a BISX-listed retail group's bid to appoint a receiver over his 25 percent interest in the family's trust.
Bain awaits appeal verdict on investment repay order
LINCOLN Bain is awaiting the Court of Appeal’s verdict about his application to appeal to the Privy Council to overturn a decision related to a failed investment deal.
NIB ordered: Pay ex-chief seven years of pensions
The National Insurance Board (NIB) has been ordered to pay a former director almost seven years’ worth of pension benefts after losing a legal battle over her due retirement entitlement.
Lawyers for Nygard seek to avoid US extradition
PETER Nygard’s lawyers expressed concerns for his health and safety while urging appellate judges in Canada to quash an order to extradite the former fashion mogul to the United States to face sex trafficking and racketeering charges.
