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PETER YOUNG: It’s vital we get our vaccine programme right and learn how others have fared
IN a free society it is axiomatic that authority should be held to account. Criticism of mistakes and failures should be encouraged, if only to prevent them in the future. So, on the thesis that it is the role of the Fourth Estate to scrutinise official policies and actions and to ask the tough questions, I return this week to the vexed issue of the coronavirus vaccine.
Collapsed firm's owners offer liquidator $150,000
Taylor Industries owners have offered to pay $150,000 to help cover their former staff's termination pay and other benefits from the $2.335m generated by selling the collapsed firm's former head office.
Sir Franklyn defends $49m Jack's Bay goal
Sir Franklyn Wilson is defending as "very conservative" projections that the Jack's Bay project will hit up to $48.9m in annual real estate sales by 2023, adding: "We're not selling this like Fried Fish."
BPC faces $400k extra daily costs if drilling halted
Bahamas Petroleum Company's (BPC) chief executive is alleging it will incur extra costs of up to $400,000 per day if activists succeed in persuading the Supreme Court to halt its exploratory oil drilling.
'Stability' concern on NIB's $100m COVID drawdown
The Central Bank has voiced confidence that COVID-19 will not produce a 'bad loan' blow-out to match the $1.2bn credit arrears peak caused by the 2008-2009 global recession.
Bahamian single women take brunt of COVID-19
Bahamian single women have born the brunt of COVID-19's economic devastation to lead the Caribbean on both job losses and "worsening diet", the Inter-American Development Bank (IDB) has revealed.
Don't leave Bahamians with oil drilling 'peanuts'
The Bahamian people must get more than the "peanuts and crumbs" if the Government ultimately decides to approve commercial oil exploration, the National Trust's top executive urged yesterday.
AG: New tax for BPC if royalties 'abysmally low'
The attorney general yesterday said the Government could impose a new tax on Bahamas Petroleum Company (BPC) if it declines to renegotiate "abysmally low" royalty rates that are the world's poorest.
DRILLING BEGINS . . . but Bethel says govt will negotiate a bigger share if oil is found
ATTORNEY General Carl Bethel assured Bahamians that the government intends to renegotiate the scale of royalty fees if commercial quantities of oil are found in the country.
Jordan relaxes in Bahamas before the big game
HIGHLY acclaimed linebacker Jordan Strachan took some time to relax in the Bahamas before he returned to Georgia State University for their big college bowl football game this weekend.
Bahamas is hailed for 'stroke of genius'
The Bahamas was yesterday hailed for "a stroke of genius" in developing Florida-based pre-clearance facilities for a private aviation market that has "almost doubled" in volume during recent months.
CIBC suffers major loss amid $94m dividend wait
CIBC FirstCaribbean International Bank (Bahamas) plunged to a $63.543m net loss for the year to end-October 2020 as it awaits permission to pay almost $94m in total dividends to shareholders.
$1.5bn debt repayment in a year? 'No problem'
The Ministry of Finance's top official yesterday said he "foresees no challenge" over the Government meeting almost $1.5bn in debt principal repayments coming due within the next 12 months.
No protest 'ducking' by oil drill ship
Environmental activists yesterday said they were "extremely concerned" that time is rapidly running out to halt Bahamas Petroleum Company (BPC) after its drilling ship "ducked" their welcome.
Nassau shipping rates face impact 'for better'
The Nassau Container Port's top executive yesterday said Bahamian cargo shipping rates could be impacted "for the better" in early 2021 after a major carrier signalled its plans to service this market.
'Minnis can shut country but not escape oil deal?'
Bahamas Petroleum Company's (BPC) oil drilling ship will this morning likely face "a welcoming committee", as one activist charged: "The PM can shut the country down but not get out of a bad oil deal?"
INSIGHT: Who wants to be a millionaire?
SOME of you may remember the famous game show, Who Wants to be a Millionaire? where contestants answered multiple choice questions that would allow them to cash in on one million big ones. But who knew being born Bahamian paved an even easier path to wealth?
Hurricane Hole development to help mega yacht ambitions
The Prime Minister has praised the $250m Hurricane Hole development for helping The Bahamas realise its potential as "the number one mega yacht destination in the world".
AML Foods shrugs off pandemic with $7m profits swing
AML Foods has received a further $2m boost from Hurricane Dorian insurance recoveries as it posted a more than $1.6m bottom line reversal into the black for its just-ended 2021 second quarter.
STATESIDE: Scariness and imperfections of democracy
IN the weeks and months prior to and since the American general elections five weeks ago, ‘democracy’ may have been uttered more often as at any time in recent US history. Every commentator seems to invoke the term, with widely varying applications depending on the point being made. What is democracy, anyway?
