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Penalty for small amount of cannabis higher than other Caribbean countries

THE penalty for having a small amount of cannabis in The Bahamas would be higher than most countries in the Caribbean that have decriminalised the drug if the Davis administration’s proposed legislation becomes law.

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HOW WE GOT INTO THIS MESS TO START WITH

THERE’S a story doing the rounds that bears repeating. The location is a small town somewhere.

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Bahamas beats exchange rate pressure average

The Bahamas’ fixed exchange rate has exceeded the average for small island states by coming under pressure three times’ between 1999-2010, an International Monetary Fund (IMF) paper has revealed, with its foreign reserves covering only 60 per cent of a new benchmark its authors have developed.

FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION

By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop

FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION

By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop

FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION

By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop

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PMH forced to restrict services as cases surge

PRINCESS Margaret Hospital has suspended all elective surgeries and only emergency cases are being allowed in response to an influx of COVID-19 cases in recent weeks.

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‘Time to move on from PCR test’

FORMER Health Minister Dr Duane Sands has suggested the government move away from RT-PCR tests as the gold standard to determine COVID-19 infection and instead embrace “newer technology” that he says is cheaper to operate.

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Abaco resident says island is unsafe to live

AS survivors of Hurricane Dorian face the challenge of rebuilding their shattered lives, there is also the constant fear that desperation and chaos will lead to violence.

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‘Looters took everything’ says Abaco storm survivor

AS survivors of Hurricane Dorian face the challenge of rebuilding their shattered lives, there is also the constant fear that desperation and chaos will lead to violence.

EDITORIAL: A shift in the US court balance

THIS is the time of each year when the United States Supreme Court wraps up its yearly activity with a rash of judgments to mark the end of its latest term. Often, these decisions do not garner dramatic headlines, because the issues may touch on obscure constitutional points of law or practically not affect too many people.

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Homeowners to be paid to take in university students

THE University of The Bahamas has enacted Prime Minister Dr Hubert Minnis’ vision of paying rent to homeowners who accommodate university students in their homes, UB president Dr Rodney Smith said yesterday.During his budget communication in June and

Munnings reaches 1,000 career points, 800 rebounds

THE weekend featured milestones, career highs and several teams that got back into the win column for Bahamians in NCAA Division I basketball.

ART OF GRAPHIX: Don’t revert to type for the best designs

As graphic or web designers, we often focus on the practical aspects of design above all else. We focus on what works, with little regard for why it works. And, in our day-to-day work, that outlook serves us well. It lets us get our work done in an efficient, professional manner, and generally nets good results.

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Deputy PM says assessment efforts under way

DEPUTY Prime Minister Philip “Brave” Davis on Friday said the government’s assessment efforts across the hurricane-ravaged country are being co-ordinated with a view to have the Bahamas back to a “level of normalcy as soon as possible”.

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Body of baby found, two women found dead, man killed by police

POLICE are investigating the discovery of three bodies – one of which was an infant found at the public dump on Saturday, as well as the death of a Fox Hill man who was shot by police on Friday night.

BORCO enjoys 29% ship berthing rise

The Bahamas Oil Refining Company (BORCO) saw a 29 per cent year-over-year increase in the number of ships berthing at its facilities during the 2012 fourth quarter, with its “unparalleled capabilities” ensuring 97 per cent of storage tanks were fully leased.

Bahamas requires $160-$180m swing to 'stabilise' debt

The Bahamas needs a $160-$180 million ‘positive swing’ on its primary Budget balance to “stabilise” the debt-to-GDP ratio, with an even “stronger adjustment” needed to slash the $7 billion-plus national debt.The Inter-American Development Bank’s (IDB

IDB: $13M 'RETROACTIVE' TO STOP ROADWORKS SHUTDOWN

By NEIL HARTNELL Tribune Business Editor An alarmed Inter-American Development Bank (IDB) is providing $13 million in retroactive financing to prevent a "cash flow shortfall" from bringing the New Providence Road Improvement Project to a temporary halt,

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‘No more blight’ on Rum Cay’s revival

A Supreme Court judge says it is “difficult to digest” that the Prime Minister’s Office would assert a 15-acre Rum Cay land parcel was Crown Land when this totally contradicted evidence from the Government’s own surveyors.