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Gov’ts $544m undershoot on Dorian and COVID-19
The two greatest crises in modern Bahamian history resulted in the Government’s 2019-2020 revenues falling $544.1m short of their target, its leading fiscal watchdog has affirmed.
‘Landmark breakthrough’: FTX Bahamas strikes new Ray deal
FTX’s Bahamian liquidators yesterday hailed the settlement reached with their US counterpart as “a landmark breakthrough” that will avoid “years of protracted litigation” which would cost creditors dearly.
Focus on cost of living issues
LET me state from the outset that I am a dyed-in-the-wool capitalist. I do not subscribe to the malevolent Marxist school of thought which is diametrically opposed to the Judeo-Christian worldview.
Teen charged with stabbing another teen outside mall
A 17-year-old youth was accused of stabbing a 16-year-old boy multiple times outside the Mall at Marathon earlier this month.
Man ordered to pay $1,500 fine after admitting to having hemp
A MAN was fined $1,500 after admitting to having eight and a half ounces of Indian Hemp on him last week.
Man breaches bail while out on armed robbery charges
A MAN was fined $2,000 after admitting that he failed to charge his monitoring device while on bail for armed robbery.
Top players clash in semifinals today
Athletes turned in top performances to make a smooth transition into today’s semifinals at the Giorgio Baldacci Open Tennis National Championships. In yesterday’s quarterfinals round, the top seeds validated their rank by dropping their opponents.
NPVA Recap: Panthers on a roll to close out the year
THE Caribbean Gas Panthers closed out the year with an unblemished record in the New Providence Volleyball Association (NPVA) standings after defeating the Set-sy Poppers at the DW Davis Gymnasium last week Friday.
Renewable investors tour Eleuthera plants
A group of potential investors yesterday toured Eleuthera power plants as the Government’s Family Island renewable energy sought to build momentum.
Gov’t procurement portal taking ‘positive’ direction
The Government’s online procurement portal is heading in a “positive” direction by providing timely updates on contract awards, a governance reformer said yesterday.
CBS: Online platform in 20% of Xmas sales
A Bahamian retailer yesterday said its e-commerce platform is generating 20 percent of total revenue this Christmas season.
PETER YOUNG: New initiative by Bahamas to combat climate change
TWO years ago at the UN’s Conference of the Parties on climate change, COP26 in Glasgow, Prime Minister Philip Davis delivered a memorably impressive speech. He spoke eloquently and in dramatic language about the potentially catastrophic effects of climate change and global warming on low-lying Small Island Developing States (SIDS) like his own, in particular as a result of rising ocean levels.
Empowerment club holds annual Christmas Party
THE Boys and Girls empowerment club at LW Young held its annual Christmas party at the Fox Hill Community Centre, with Archdeacon Keith Cartwright discussing the purpose of Christmas with the students.
EDITORIAL: Munroe at odds with PM on UN report
WHEN the United Nations Working Group on Arbitrary Detention reported on issues affecting the criminal justice system in this country, and with the facilities where people are locked up, we wrote that it was reiterating problems we already knew about.
Dorian and COVID-19 cost Bahamas one year’s GDP
The Inter-American Development Bank (IDB) has approved doubling its crisis financing facility for The Bahamas to $200m after combined Dorian and COVID losses matched this nation’s annual economic output.
Bahamian ‘Russian roulette’ with 30% uninsured drivers
The Bahamas is “really playing Russian roulette on the road” with its citizens’ lives by failing to crack down on the estimated 25-30 percent of drivers who are uninsured, insurers warned yesterday.
British Colonial employs ‘stair step’ opening plan
The British Colonial’s general manager yesterday affirmed the resort is “being very conservative” following its re-opening so as not to “overwhelm our staff” with a sudden surge in visitor demand.
FTX Chapter 11 plan needs Bahamas deal
Plans to bring FTX out of bankruptcy protection in the US cannot be finalised without agreement with their Bahamian counterparts as “ongoing good faith negotiations” between the two sides continue.
No Xmas ‘shock’ over food prices
Super Value’s president yesterday said consumers “won’t be shocked” by food costs over the Christmas period as she voiced hope for price stability in 2024.
‘JUDGES SHOULD BE HELD ACCOUNTABLE’: Attorney General supports a disciplinary system for members of the judiciary
ATTORNEY General Ryan Pinder said he supports introducing a disciplinary system for the judiciary, adding judges should be held accountable for misconduct like everyone else.
