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Failed broker paid 'excessive' cash to related parties

A Bahamian investment adviser collapsed into insolvency due to “mismanagement” centred on internal conflicts and the payment of “excessive cash” to related parties for client introductions. Ed Rahming, Pacifico Global’s liquidator, told the Supreme

Web shop blasts regulatory order

Bet Vegas, the only web shop operator to be denied a license, has slammed a Gaming Board order warning Bahamians not to gamble at its premises as “victimisation”.

Higgs and Longhorns stop the Lady Raiders, stay undefeated

Conference play presented an early season matchup featuring two of the country’s top college basketball players in a Big 12 rivalry game.

Nassau hub key to regional passenger growth

TRANSPORT and Aviation Minister Glenys Hanna-Martin said yesterday that the Lynden Pindling International Airport (LPIA) could serve as a hub for Latin America and Caribbean Air Transport Association (ALTA) member airlines, noting that the Bahamas’ main airport was currently operating at only half its capacity.

WSC signs $2.3m industrial agreement with Water and Sewerage Management Union

THE Water and Sewerage Corporation signed a $2.3m industrial agreement with the Water and Sewerage Management Union (WSMU) yesterday, the terms of which are uncertain because the agreement was not released to the press.

Rebels undefeated

After a clash of Bahamian women in a NCAA Division One basketball regular season game on Saturday, Ole Miss Rebels remained undefeated yesterday while the Mississippi Valley State Devilettes finally got into the win column.

Our Third World status on display

The Free National Movement (FNM) government’s recently tabled Electricity Rate Reduction Bond Bill appears to be an all-or-nothing effort by Prime Minister Dr Hubert Minnis to salvage Bahamas Power and Light (BPL), even if it means alienating thousands of frustrated Bahamian consumers, who have had to put up with chronic power blackouts for decades.

Darville preparing in case of fourth wave

WHILE daily COVID-19 cases continue to trend downward, Health and Wellness Minister Dr Michael Darville said officials are starting “to prepare for war when there is peace” in the event of a fourth coronavirus wave.

Ocean Club gains new general manager

The One&Only Ocean Club has appointed John Conway as its general manager, with responsibility for operations at the resort.

Buzzing to take on best of the U.S.

QUEEN’S College student Prachi Kondapuram will be taking on 280 international champions when she participates in the 87th Scripps National Spelling Bee at the Gaylord National in Washington DC later this month.

Bahamas senior men’s national basketball team sweeps USVI

THE Bahamas senior men’s national basketball team completed a sweep over the US Virgin Islands and advanced to the second round of FIBA World Cup 2023 Americas Qualifiers.

Buddy Hield and Sooners off to flying start

PUNDITS expected Buddy Hield to have a breakout season for the Oklahoma Sooners in his sophomore year, but Hield has exceeded expectations thus far on the floor as a scorer and in the locker room as a leader for a team that expects to surprise many people in the Big 12.

Now Wells hopes herd immunity by August

MINISTER of Health Renward Wells says the government hopes the country achieves herd immunity against COVID-19 by August.

‘Worrisome’ rise in Central Bank support for Govt

The FNM’s deputy yesterday pledged to probe the “very worrisome” increase in the Central Bank’s financial support for the Government, which had to meet more than $100 million in one-off demands on top of its $86 million first quarter deficit.

Time to go?

The recently concluded general elections in the UK have resulted in a majority Conservative government and the return to 10 Downing Street of Prime Minister David Cameron. At one point the now vanquished leader of the Labour Party, Ed Miliband, was considered neck and neck with the Conservatives by most polls, if not a majority. The results, however, were decisive and spoke volumes about just how the average electorate sees political parties and judges their manifestoes or charters for governance.

National Hall of Fame Induction set for National Sports Heritage Week Ceremony set to be held at Government House

By BRENT STUBBS

STATESIDE: Biden seeking to avoid gaffes

US President Joe Biden is known for avoiding live press conferences. In sharp contrast to his predecessor, Biden appears to believe that such largely unrehearsed sessions would expose him to more of the gaffes and errors that have occurred many times throughout his long public career – albeit without the crippling effect of some of his contemporaries’ mistakes and misstatements.

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