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Basketball team funds
I wish to comment on the disappointment of the women’s National Basketball team having to cancel their participation in an international tournament in Mexico due to funding for travel. In the decades of the fifties and sixties sporting organisations, including the Olympic Association and the BAAA, held raffles and other fundraising events to finance teams traveling to international tournaments. Government contributed, but was not expected to finance these trips. Today, it appears, that our sporting associations expect government to fully finance international teams travelling.
UCF wins Bahamas Championship
THE Central Florida Knights began 10 days of NCAA Division I basketball at the Baha Mar Convention Centre by winning the “Bahamas Championship” tournament title. The Knights defeated the Santa Clara Broncos 57-50 last night in the finale.
Insurer: Hurricane season end ‘can’t be soon enough’
A TOP Bahamian insurance executive says the official end to the 2022 hurricane season “can’t come soon enough” given that Hurricane Ian will further “tie our hands” on premium prices for local consumers.
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.
Rehabilitation of Offenders Committee has expunged 80 criminal records to date
THE Rehabilitation of Offenders Committee has to date expunged the criminal records of 80 people, some of whom were convicted for curfew violations during the height of the COVID-19 pandemic.
Education officials step in after student altercations at Patrick J Bethel High School
EDUCATION officials are seeking alternatives to mitigate violence at Patrick J Bethel High School at Marsh Harbour, following several arguments between students there this week.
DIANE PHILLIPS: Open your eyes and see the beauty of foreign in all of us
ON a bright, sunny morning last week, the students, faculty and staff of LN Coakley Senior High in Exuma poured out of classrooms and gathered along the halls and in the courtyard, filling every available foot of open air.
FTX’s Bahamas creditors unlikely to see full recovery
FTX’s newly-appointed chief executive yesterday asserted that corporate governance was non-existent at its Bahamian subsidiary, adding: “Never have I seen such a complete failure of controls in my 40-plus years.”
$250m cruise port: ‘We’ll help Long Island flourish’
The proposed $250m Long Island cruise port will handle up to 12,000 persons daily at full build-out, one of its principals revealed yesterday, adding: “Our goal is to help Long Island flourish.”
BAHAMAS REBUTS FTX ACCESS CLAIMS: Securities Commission given lawful permission to transfer assets to ‘a safer space’
The Securities Commission last night debunked accusations the Government “directed unauthorised access” to FTX’s systems, and aided the withdrawal of digital assets, in violation of Bahamian and US court orders.
Albury and Greene lead Chipola to no.6 ranking
DEYTON Albury and Paul Greene have led Chipola to a no.6 national ranking while the Bahamian contingent at Northeast Community College continues to put up major numbers in their sophomore campaign.
Robinson wins Bahamas Professional Golf Association’s Korn Ferry Qualifier
BOOKS ANOTHER TRIP TO THE GREAT EXUMA CLASSIC
DEVAUGHN Robinson booked another trip to the Great Exuma Classic by winning the Bahamas Professional Golf Association’s Korn Ferry Qualifier by five strokes on Monday at the Ocean Club Golf Course on Paradise Island.
VIN numbers of stolen vehicles ‘being covered with false plates’
POLICE have noticed a trend regarding stolen vehicles where suspects are covering the original VIN number with a false plate, according to Commissioner of Police Clayton Fernander.
King and Bluejays undefeated so far
FREDRICK King and the no.9 ranked Creighton Bluejays are off to an expected undefeated start to the season.
Great Commission Ministries to break ground for $3m shelter in January
GREAT Commission Ministries expects to break ground for the construction of a $3m shelter in January, with an estimated $30,000 saved so far for the venture.
‘Minimal exposure’: Central Bank demands FTX report
Bahamian bankers yesterday predicted the industry has minimal exposure to FTX after regulators demanded the sector disclose all business dealings with the collapsed crypto currency exchange.
‘No one cares about the women’ on national basketball team
AFTER all of the sacrifices made and the hard work that they put in, head coach Donillo ‘Donnie’ Culmer said he’s disappointed that the Bahamas Basketball Federation pulled the plug on their trip to Mexico for the Centrobasket tournament.
Concerns that hotel tax breaks unduly exploited
A BAHAMIAN businessman has voiced concerns that foreign investors are unduly exploiting Hotels Encouragement Act incentives to obtain tax breaks on construction materials for large vacation rental properties.
FACE TO FACE: Success and challenges for two pharmacy industry forerunners
TWO phenomenal women, both forerunners in the Pharmacy industry in the Bahamas, shared their stories with me this week. We spoke of their journey to success, and the challenges along the way, including the most recent hurdle, which led them to join with pharmacists throughout the country for a shocking one-day closure of pharmacies.
Man survives Shark attack in Andros
AN Andros man is breathing a sigh of relief after having survived a brutal shark attack on the island over the weekend.
