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Central Bank ease ‘won’t open mortgage avenue’

The Central Bank’s recently-unveiled regulatory easing is unlikely to “open up a new avenue of mortgages” being issued to Bahamian home buyers, a senior banker said yesterday.

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FACE TO FACE: A Miami icon born on Shirley Street

He’s been on this planet for 99 years, has all his faculties and is quite funny, witty and charming. He can hold a conversation with anyone and is so well-read he probably knows quite a bit about the subjects that intrigue most people. It’s amazing - the level of energy that exudes Garth C. Reeves Sr. It seems Father Time and the fountain of youth both blessed him, and he relishes in every moment that he’s alive.

Romney counts on momentum

Romney counts on momentum Republican presidential candidate Mitt Romney takes rekindled momentum into next week's 10-state blitz of primary contests, carried forward on an easy victory in Arizona but a frustratingly narrow win in native-state Michigan in

Romney counts on momentum

Romney counts on momentum Republican presidential candidate Mitt Romney takes rekindled momentum into next week's 10-state blitz of primary contests, carried forward on an easy victory in Arizona but a frustratingly narrow win in native-state Michigan in

Romney counts on momentum

Romney counts on momentum Republican presidential candidate Mitt Romney takes rekindled momentum into next week's 10-state blitz of primary contests, carried forward on an easy victory in Arizona but a frustratingly narrow win in native-state Michigan in

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Buddy Hield closes in on franchise record, defeat for Deandre Ayton

Buddy Hield moved closer to a franchise record, Deandre Ayton fell short against the reigning MVP and Kai Jones still awaits his regular season debut following opening night for Bahamian players in the NBA.

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Bank branches shrink 30% in seven years

The number of commercial bank branches in The Bahamas has declined by almost 30 percent over the past seven years, the Central Bank’s governor revealed yesterday.

Commonwealth Bank Giants get championship rings

THE Commonwealth Bank Giants got their championship rings and then they polished off their title as they knocked off last year’s runners-up Mail Boat Cybots 98-87 at the AF Adderley Gymnasium.

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FINCO goes 'organic' through 2013 with $98m problem loans

FINCO is relying on existing borrowers to “carry us through” to the end of its 2013 financial year, having suffered a “bit of a spike” in accounts over 90 days past due during the 2012 third quarter.

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Sands defends care for Bimini victim

HEALTH Minister Dr Duane Sands yesterday defended the efforts made to save Alain Perez’s life after he was shot in Bimini over the weekend amid allegations by a friend of the victim that “inaction” by Bahamian officials and an “under-equipped” clinic contributed to his death.

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Bahamians take NCAA Division I basketball spotlight

A MATCHUP between a pair of Bahamians in a double overtime thriller highlighted the weekend of play in NCAA Division I basketball.

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‘Buddy’ and Kings rally from 17 down to beat Nuggets 100-97 in overtime

SACRAMENTO, California (AP) — Sacramento coach Luke Walton views Harrison Barnes as a calming influence for the Kings, something that showed in a comeback win over Denver on Saturday.

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More playing time for Sun’s Jonquel Jones?

The Connecticut Sun made arguably the biggest transaction of the WNBA offseason and it could lead to an increased role for Jonquel Jones.

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Barracudas win invitational meet

THE Barracuda Swim Club won their Atlantic Medical Barracuda Invitational meet over the weekend at the Betty Kelly Kenning Swim Complex.

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Bran open to FNM coalition

DEMOCRATIC National Alliance Leader Branville McCartney yesterday confirmed he had been approached “several times” by senior members within the Free National Movement, as well as sitting FNM MPs, to join the official opposition.

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Timeless Gold

ActivTrades

THE fact that gold prices have been subdued over the past year must be one of the most counterintuitive financial market dynamics of recent times. The precious metal is known as a safe haven, and a hedge against rising inflation. We certainly have had plenty of both recently, so why are gold prices down by more than 15 percent in relation to the yearly maximum reached in March? The answer is relatively straightforward: Blame the US dollar.

Summer of Thunder: McNeese State in win column, Dukes dominate in debut

THE McNeese State Cowboys concluded their experience in the Bahamas with a pair of wins while Duquesne Dukes made their debut in dominant fashion at the Summer of Thunder. The Cowboys lost the first game of the series to the Commonwealth Bank Giants

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Ayton shows potential as Suns win 4 of last seven

THE Suns have won four of their last seven games and Deandre Ayton has exhibited the potential the franchise eagerly anticipated this season.The second year centre is averaging 21.3 points and 12.7 rebounds during that stretch. Ayton scored 20 points

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Junior golfers Turnquest, Hedge win national titles

THE Bahamas Golf Federation hosted the 2019 Bahamas Golf Federation Junior National Championships recently at the Ocean Club Golf Course on Paradise Island with a field of over 40 up and coming junior golfers from New Providence, Grand Bahama and Florida.

Shaping a ghetto state of mind

By KIRKLAND PRATT