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Offshore sector 72 times larger than Bahamas GDP

The Bahamian international financial services industry is 72 times larger than this country’s gross domestic product (GDP), an International Monetary Fund (IMF) study has estimated.

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PI residents face losing condo over alleged $22m fraud

Two Paradise Island residents accused of committing a $22 million fraud may lose their multi-million dollar Ocean Club condominium home after the Court of Appeal ruled in favour of the receiver for their alleged scheme.

Celtics beat Raptors 96-73 to snap 5-game skid

BOSTON (AP) -- The Boston Celtics had two reasons to be thankful Wednesday night: Their five-game losing streak was finally over and a scary fall by point guard Rajon Rondo resulted in only a sore right wrist. Rondo still led the Celtics with 21 points bef

Despite 20% sales growth, business 'ain't what it was'

A Bahamian businessman said yesterday he had seen “slight growth” of 20 per cent in sales at his Prince Charles Drive company, while noting that business “is not like it used to be”.

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FACE TO FACE: My father, the hero

WHEN I was 14 years old, I had the opportunity to participate in the filming of a Hollywood movie right here in Nassau. Gerard Depardieu was the main actor – a French father who took his daughter, played by Katherine Heigl, on vacation to The Bahamas

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A chapter of disaster?

The Baha Mar bankruptcy order should be granted in the Bahamas to avoid a damaging dog-fight between creditors, Richard Coulson urges.

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STATESIDE – Halfway through his first term: Biden and the immigration issue

US President Joe Biden is halfway through his first term in the nation’s top job. After an initial boost in favourable poll ratings and with TV and other media pundits, Biden began to slip, until earlier this year he achieved a dubious distinction when he sank “under water” with less than 50 percent approval ratings in the polls. Oddly, Donald Trump and “his” Supreme Court have rescued Biden twice.

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STATESIDE: Messi makes and impact on Miami sports with a look at Mas Canosa’s impact on Cuban-US relations

WE all know about the close ties The Bahamas maintains with South Florida. It’s hardly a secret that the legal as well as the illegal commerce between us has over many decades proven to be enduring, necessary, lucrative and quite creative. Miami-Dade County has 30 “sister city” agreements with foreign municipalities around the world, including one with The Bahamas. And one of Miami’s two “friendship city” relationships is with Barcelona which might prove to be prophetic, as we will see.

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STATESIDE: Trump just won’t go away and it may be Liz Cheney is the one to stop him trying again for the White House

There are serious people in the United States this morning who will tell you the future of democracy in America rests with Mitt Romney, Mitch McConnell and Liz Cheney.

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STATESIDE: How long will it take for the US to recover the ground it’s lost in the eyes of the world?

“I feel sorry for Americans,” a lawmaker in Myanmar told The New York Times recently. From Berlin, another Times reporter wrote that events in the US were “shaking fundamental assumptions in Europe about American exceptionalism”.

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STATESIDE: It’s not easy keeping pace with the polarization of American politics

GIVEN the choice, most of us would probably prefer a public figure or politician whose views are plain and consistent. That way, at least we know who and more importantly, what we are voting for. One of the most damaging criticisms of politicians in recent decades has been the charge of “flip-flopping,” especially in American elections.

Bahamas Press Club announces awards ceremony plans

THE Bahamas Press Club 2014, building on the success of its inaugural Pioneer Awards last year, has promised to be “all inclusive” with several new categories when it holds its annual media awards ceremony in November.

Just 15% of insolvent broker’s assets located

An insolvent Bahamian broker/dealer’s liquidators have recovered just 15 per cent of its identified assets, while clawing back minimal sums from its former principal and overdrawn clients.

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Lowering the prostate cancer risk

The World Health Organisation (WHO) has registered that 200 Bahamian men were diagnosed with prostate cancer in 2018, and that number is likely underestimated, as several Bahamian men seek prostate cancer screening and treatment abroad and they are often not captured in local statistics. WHO data showed that 249 men died of cancer in the Bahamas in 2018 and 80 of those men died of prostate cancer.

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Lowering the prostate cancer risk

The World Health Organisation (WHO) has registered that 200 Bahamian men were diagnosed with prostate cancer in 2018, and that number is likely underestimated, as several Bahamian men seek prostate cancer screening and treatment abroad and they are often not captured in local statistics. WHO data showed that 249 men died of cancer in the Bahamas in 2018 and 80 of those men died of prostate cancer.

Rockets and Resistance get wins in night league basketball

THE New Providence Basketball Association continued league play Wednesday night with wins for the Rockets in Division I and the Resistance in Division II. On the heels of his appearance with the men’s national team in the FIBA World Cup Qualifiers Mo

NPBA: Shockers hold off Abaco, Pirates top Eagles Nest

IN a high scoring game on Monday night at the AF Adderley Gymnasium, the JD’s Seafood Shockers held off the Abaco Strong 103-99 in the NPBA men’s division one feature contest. The division II opener saw the Asphalt Maintenance Pirates secure an 89-8

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Cybots rout Cleaners 104-71, Wreckers clip Rockets 87-86

WHILE the Mail Boat Cybots pulled off a rout, the Y-Care Wreckers had to go right down to the wire before they prevailed in the New Providence Basketball Association’s double header at the AF Adderley Gymnasium on Monday night.

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Coca-Cola goes for gold in Rio Olympics with the global #thatsgold campaign

AS the clock ticks down to the opening ceremony of the Rio 2016 Olympic Games, Coca-Cola has its eyes set on celebrating gold – but not just the gold found on top of the world’s most elite podium.