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Central Bank exceeded Govt lending limits at year-end '22
The Central Bank would have massively exceeded its legal lending limits to the Government had the latter's accessing of $232.3m in IMF special drawing rights (SDRs) been included in the 2022 year-end calculation.
GIBSON FAILS IN LEGAL CHALLENGE: Judge rules MP can have fair trial after rejecting arguments
A SUPREME Court judge dismissed Adrian Gibson’s application to stay his corruption trial yesterday, ruling his constitutional rights have not been infringed and that he can have a fair trial even if the Crown’s key witness gives testimony virtually.
‘WE JUST SHOT OURSELVES IN THE FOOT’: Men’s national beach soccer team goalie speaks on Bahamas’ 4th place finish
It’s not every day that an athlete makes a successful transition from one sport to the other.
FTX Bahamas charges US broke 'every single' pledge
FTX's Bahamian liquidators have accused their US adversaries of "breaching every single" co-operation pledge in just four short months as they urged the Supreme Court to "sort it out" with Delaware.
Athletes on fast track at NACAC Invitational
The North American, Central American and Caribbean Athletics Association (NACAC) New Life Invitational saw its second hosting come to the nation’s second city of Freeport, Grand Bahama, this past weekend.
USA tops Mexico 5-0 for beach soccer title, Bahamas 4th overall
The Bahamas men’s national beach soccer team came so close to booking their ticket to the United Arab Emirates for the 2023 FIFA Beach Soccer World Cup.
Fiscal year finish is ‘critical platform’ for 78% deficit cut
The Ministry of Finance's top official yesterday said the Government's financial performance over the next two months is "critical" to setting the foundation for a 2023-2024 fiscal year in which the deficit is forecast to be cut by 78 percent.
Promotion Board in 67% website visitor increase
The Nassau Paradise Island Promotion Board's (NPIPB) chief executive says there has been a 67 percent year-over-year jump in visitor traffic to its website as it works to convert this increase into actual visitors.
ONE ELEUTHERA FOUNDATION: Unlocking the power of corporate social responsibility
IN today’s interconnected world, companies are increasingly expected to be socially responsible and accountable for how their practices impact society and the environment. Corporate Social Responsibility (CSR) refers to the concept that a business is responsible for more than just creating value and wealth for shareholders but should also seek to benefit the broader community in which it exists.
Investor forum puts Grand Bahama in the spotlight
THE eyes of the world are on The Bahamas when it comes to investment and conservation, a conference in Grand Bahama heard this week.
Gibson’s ex-fiancee’s virtual testimony ruling Monday
A SUPREME Court judge will rule on Monday whether Adrian Gibson’s ex-fiancee can testify virtually in his corruption trial.
STATESIDE: CBS adds Championship League Soccer to lineup; although interrupted by Trump news
TUESDAY afternoon this week was generally a fine spring day on the American east coast, with the last remnants of a much-needed morning rainstorm having largely cleared out to create a pleasant day for work in the yard or other entertainments.
Illegal construction fight has been 'a rank failure'
The Bahamian Contractors Association's (BCA) president yesterday said builders are asking "why should we follow the law" following the country's "rank failure to manage the built environment".
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.
GIBSON WITNESS IN ABUSE CLAIM: ‘Brutal attack’ alleged as ex-girlfriend wants to testify by video link
THE ex-fiancee of Adrian Gibson has alleged that the Long Island MP abused her, prompting her desire to testify virtually in his corruption trial rather than in person.
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 tops Belize 6-2 to stay undefeated
Coach Alexandre Soares liked the intensity level that the Bahamas men’s national team brought to game two of the CONCACAF Beach Soccer Tournament and World Cup Qualifier.
GSSSA soccer season rolls on
THE Government Secondary Schools Sports Association (GSSSA) soccer season continued for the junior and senior divisions yesterday at the CH Reeves, DW Davis and CV Bethel soccer fields.
FACE TO FACE: The Lindroth family; Bahamian at heart
HE was just 14 months old when he first set foot on Bahamian soil. Walking with the pitter patter that toddlers do, Magnus Lindroth wiggled his toes in the sand and got his feet wet on what is now called Paradise Island. Here, his views of the world would be shaped as he basked in island life.
Adrian Gibson corruption trial begins
ADRIAN Gibson’s corruption trial began yesterday with his lawyer filing a constitutional motion to force an in-person testimony from a key witness.