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Commission 'content' to hand over $426m FTX digital assets
The Securities Commission plans to seek Supreme Court approval to transfer some $426m worth of digital assets it is safeguarding into the care of the liquidators for FTX's Bahamian subsidiary.
FTX Bahamas: ‘Best deal to avoid asset extinction’
FTX’s Bahamian liquidators are asserting the settlement with their US adversary “represents the best deal” possible given that lengthy legal battles would slash creditor recoveries “possibly to extinction”.
FAMILY IS LEFT TO SLEEP ON GROUND: Mom and six kids left homeless as demolitions resume
ROSELYN and her six children slept outside on the ground on Monday after their home was demolished in the unregulated All Saints Way community.
Teen granted $5,000 bail after stealing from school
A 16-year-old boy was granted $5,000 bail after he was accused of breaking into a primary school over the Christmas break and stealing $800 in school property.
Chamber chief unaware of Freeport investor deterrent
Grand Bahama’s Chamber of Commerce president says he is unaware of investors being deterred from coming to Freeport despite the “rather cumbersome” approvals process.
Accounting urged over road repair cancellation
A South Andros businessman yesterday called for an accounting to determine how much taxpayer money has been wasted through the cancellation of a multi-million dollar road repair contract.
Social spending better than price controls on living cost
The Government’s former top financial official yesterday argued that increased social spending would better help Bahamians struggling with the cost of living crisis than the imposition of price controls.
GB Chamber chief optimistic PharmaChem will ‘rise again’
Grand Bahama’s Chamber of Commerce president yesterday said he is optimistic that PharmaChem Technologies’ plant will “rise again” as the company now begins its winding-up
Bohan Adderley signs with New York Mets
Bohan Adderley, International Elite (I-Elite) Sports Academy Class of 2024 prospect, had reality set in last night when he became one of 20 international prospects to officially sign with the New York Mets.
Call for Elisha Obed to be remembered
WITH the Ministry of Education putting a little more focus on Bahamian history being taught in the high school curriculum, Wellington Miller is calling for a renewed sensitisation of the students to the achievements of so many great sporting icons, including former world boxing champion Oswald ‘Elisha Obed’ Ferguson.
Call for Elisha Obed to be remembered
WITH the Ministry of Education putting a little more focus on Bahamian history being taught in the high school curriculum, Wellington Miller is calling for a renewed sensitisation of the students to the achievements of so many great sporting icons, including former world boxing champion Oswald ‘Elisha Obed’ Ferguson.
Running in Love 2 on track for Feb. 10
Valentine’s Day is less than a month away and so is the second edition of the “Running in Love” Fun, Run, Walk, Push and Roll extravaganza.
Unnecessary and avoidable danger to patients at PMH
I WAS recently an in-patient at PMH. I quickly observed that young doctors, I believe interns, were on uninterrupted duty, which they refer to as being "on call", for 32-36 hours at a time without respite or going home. One could easily tell after 15-20 hours that they were absolutely exhausted and essentially out on their feet.
FACE TO FACE: Betty Morley – teaching and reaching the hearts of future generations
BEATRICE Elizabeth Morley, better known as Betty, has been teaching for most of her life. She has poured her heart into instilling education, good morals and a sense of self worth in thousands of children over decades, in The Bahamas, the USA, and in Africa.
Pia Glover-Rolle certifies BPSU election overturning registrar’s decision not to
PUBLIC Services Minister Pia Glover-Rolle has certified the September results of a Bahamas Public Services Union (BPSU) election, overturning the decision of the registrar of trade unions, who declined to certify the results because of alleged irregularities in the voting process.
Businesses urge: Put crime ‘on the run’ as security costs triple
Businesses yesterday urged The Bahamas to put criminals “on the run” as they revealed security-related costs have “tripled” over the past year to combat the threat posed to staff and patrons.
Loss-making Pizza Hut’s close: 90% of jobs saved
Almost 90 percent of impacted staff have retained jobs despite the loss-making Pizza Hut franchise’s decision to shut its three New Providence locations with effect from Sunday.
Gov’ts $131m deficit goal ‘already out the window’
The Government’s projected $131m deficit for the current fiscal year is “already out the window” given the performance for the first four months, a financial analyst asserted yesterday.
‘We must know what the heck is happening over GB airport’
Grand Bahama’s Chamber of Commerce president says “it’s absolutely critical we know what the heck is happening” with the airport redevelopment if Freeport is to position itself as a “city on the move”.
Baker, Wilson and Darville sign with Boston Red Sox
Three Bahamian teenagers signed a contract with the Boston Red Sox yesterday, bringing them one step closer to furthering their baseball careers.
