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Crypto Thieves
ActivTrades
FTX and SALT will jointly present a new event, Crypto Bahamas, that will debut this week from April 26-29 at the Baha Mar resort in Nassau. The invitation-only event will feature collaboration and networking among leading investors and builders in the digital assets industry.
Diane Phillips: Transforming an Eleuthera eyesore – a lesson for historic Nassau?
FOR 45 years, the single-storey stone building stood abandoned. Shards of glass were all that remained of what had been windows. Once the home of a local family, it slowly sank into a hideaway for rats and rodents, strewn with broken beer bottles and half-pints, blind to nefarious activity. The structure in total disrepair was not in some remote out of the way place, but in direct view of hundreds going and coming daily from Governor’s Harbour, Eleuthera to Cupid’s Cay and beyond.
Taylor Industries staff gain 33% of severance
Forty-one former staff of now-defunct Taylor Industries will receive just 33 percent of the total termination pay and benefits owed to them in what the company’s liquidator defended as “a relatively positive outcome”.
My Winn Dixie nostalgia
A prominent Grand Bahamian fisherman informed me today that he saw a 10 pound bag of chicken wings going for $35 minus VAT in a major grocery store.
D’Shawn Knowles’ RBI single lifts his team to 9-8 win
A PERFECT night for D’Shawn Knowles came complete with a storybook ending - a walk-off hit in extra innings.
Rockets are NPBA Division 1 champions
THE Discount Distributors Rockets celebrated with a three-game sweep of the New Providence Basketball Association men’s division one championship series, dethroning the Commonwealth Bank Giants.
Galleria shuts cinema down - and workers file disputes
GALLERIA Cinemas has shut down and made its employees redundant after the COVID-19 pandemic weakened its business, according to Director of Labour Robert Farquharson.
Archer looks ahead to 2023 CARIFTA games on home soil
AFTER turning in another distant second place finish behind powerhouse Jamaica at the return of CARIFTA, Bahamas Association of Athletic Associations president Drumeco Archer said there’s a lot of work to do to prepare for the hosting of the 50th anniversary of the championships next year.
Inaugural Bain and Grants Town Summer Games set
MEMBER of Parliament Wayde Watson said one of the alternative ways of helping to deter some of the crime in his inner city community is to stage their inaugural Bain and Grants Town Summer Games.
Stocks and wars
ActivTrades
“BUY when the cannons roar. Sell when the violins are playing.” This stock market wisdom comes from Carl Mayer von Rothschild (1788-1855), partner in the Frankfurt banking and trading house, M.A. Rothschild & Sons. “Be fearful when others are greedy and be greedy when others are fearful,” Warren Buffett also said.
Oil embargo
MINISTER of Economic Affairs Michael Halkitis’ comment to Our News about the government not benefiting from fuel inflation has rankled the feathers of many middle to lower class Bahamian households attempting to keep their heads above water.
NPBA Championships: Rockets sweep Giants
WHILE the Discount Distributors Rockets celebrated with a three-game sweep of the New Providence Basketball Association men’s division one championship series, dethroning the Commonwealth Bank Giants, the division II series between the Sun Oil Rockets and the Your Essential Store (YES) Giants will go right down to the wire in the fifth and deciding game.
‘Shocked’ at 106% spend jump for universal health
The Bahamas may never achieve universal health care (UHC) if it “kicks the can down the road another five years”, an ex-Cabinet minister warned yesterday, while voicing “shock” at estimates it needs to increase investment by 106 percent.
Governor General is released from hospital
GOVERNOR General Sir Cornelius A Smith has been released from Doctors Hospital and is now “resting comfortably” at home, according to a statement from his office.
Prison service ‘needs hundreds of officers’
NATIONAL Security Minister Wayne Munroe said the Bahamas Department of Correctional Services is short hundreds of prison officers and has requested additional mental health experts.
Da Boyz win the Old Timers Memorial Softball Tournament
WITH renovations at the Archdeacon William Thompson Softball Park at the Southern Recreational Grounds not completed yet, the New Providence Old Timers Softball Association staged their first Memorial Softball Tournament over the weekend at the Bankers Field at the Baillou Hills Sporting Complex.
Strachan and Colts get set for offseason training
In less than a week, Mike Strachan and the Indianapolis Colts will begin their offseason training regimen in preparation for the 2022 season.
Two game leads in NPBA best of five championship series
THE Giants basketball teams are at opposite ends of the spectrum against the Rockets as the New Providence Basketball Association began its best-of-five championship series over the weekend at the AF Adderley Gymnasium.
Soaring prices
ActivTrades
THE US Federal Reserve apparently intends to raise interest rates significantly – and reduce the balance sheet. Fed Reserve governor, Lael Brainard, signalled this aggressive action.
‘A poor excuse for governance’
The Attorney General yesterday said he and environmental chiefs are aiming to complete a “page by page” review of an Act that has brought scientific research in The Bahamas to a near-standstill “by the end of next week”.
