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PM urged: Take ‘definitive’ stance over oil exploration
An environmental activist is again demanding the Government take a “definitive” stance on oil drilling in Bahamian waters as he branded this nation's efforts to combat climate change a “fallacy” without banning such activities.
Jonquel Jones selected for WNBA Skills Challenge ahead of All-Star game appearance
IN addition to playing in the Women’s National Basketball Association (WNBA) All-Star game, Bahamian Jonquel Jones from Grand Bahama has also been selected to participate in Saturday’s WNBA Skills Challenge.
External shocks cause for a ‘special situation’
The Bahamas is “in a special situation” due to its high vulnerability to natural disasters and economic shocks, a trade specialist said yesterday, with imported goods ten times’ higher than exports.
Joe leads 76ers past Thunder in SLC Summer League 80-79
ISAIAH Joe made a go-ahead 3-pointer with 25 seconds left, his fourth of the game, and the Philadelphia 76ers beat the Oklahoma City Thunder 80-79 on Thursday on Day 3 of the Salt Lake City Summer League.
Teachers respond to govt
BAHAMAS Union of Teachers president Belinda Wilson says a response has been sent to the government on its counter proposal regarding a salary increase for educators.
Banks’ fee income doubles in decade
Bahamian commercial banks are generating an ever-increasing share of their income from the fees detested by many consumers, which now account for more than $1 out of every $5 in earnings.
COVID’s $9.5bn blow nearly a triple Dorian
The Bahamas will never recover $9.5bn in economic losses and damage caused by COVID-19, it was revealed yesterday, with the pandemic combining with Hurricane Dorian to deliver a shattering $13.1bn blow to this nation.
Clean-up held in Bimini
WATERKEEPERS Bahamas alongside 4Ocean hosted its second annual beach clean-up on Radio Beach, Bimini, where the event saw the removal of 1,500 pounds of garbage.
EDITORIAL: Twin disasters of COVID and Dorian
WE ALL knew that COVID-19 had inflicted a hammer blow to the Bahamian economy. The scale of that impact is still only now becoming clear.
Bahamas among most exposed to Ukraine war
The Bahamas must brace for multiple economic “uncertainties” over the next 12-18 months, a governance reformer warned yesterday, after it was named among the eight Western Hemisphere states most vulnerable to the Ukraine war.
Minister discusses ‘betrayal’ claim by former commissioner
NATIONAL Security Minister Wayne Munroe has recalled his personal experiences with former commissioner Paul Rolle regarding the senior officers who were made to take accumulated vacation and later seconded to various ministries.
COVID collapse sparked rare $1.7bn ‘dual deficit’
Tourism’s “collapse” at COVID-19’s peak “exposed the fragility” of The Bahamas’ current economic model by producing rare twin goods and services trade deficits worth a combined $1.7bn.
Buddy: ‘We didn’t match their physicality’
NATIONAL Basketball Association player Chavano “Buddy” Hield said he couldn’t ask for more support than they got from the Bahamian public for the men’s national team matchup against the Dominican Republic.
Coach McPhee-McCuin makes her presence felt
SHE made history as the first Bahamian female to serve as a coach on the men’s national basketball team. But Grand Bahamian Yolett McPhee-McCuin has assured the females that she won’t abandon them as the team’s head coach.
Cable beats target by $50m on ‘largest ever refinancing’
Cable Bahamas yesterday revealed it beat its preference share rollover target by $50m as it hailed completion of “the biggest refinancing the market has ever seen”.
Super Value transport budget up 47% as gas prices strike
Super Value’s principal yesterday said shoppers have “cut back drastically” on luxury items to make every dollar count, while revealing the supermarket chain’s own transportation budget has soared 47 percent.
Foreign reserves stay over $3bn despite May decline
The Bahamas’ foreign currency reserves closed May 2022 above $3bn despite a $65m drop-off during the month, with the Central Bank reiterating its belief that they remain “more than adequate” to sustain the US dollar peg.
Collateral Registry hailed as a ‘tremendous move’
The Central Bank’s plan to boost small business access to financing by creating a movable Collateral Registry was yesterday hailed as “a tremendous step in the right direction” provided it is accompanied by the necessary training.
Bahamas suffers loss to Dominican Republic
SENIOR MEN’S NATIONAL BASKETBALL TEAM IN FIBA WORLD CUP 2023 AMERICAS QUALIFIERS
Chavano “Buddy” Hield put on a show playing in front of the home crowd for the first time as a pro, but a fourth quarter rally from Team Bahamas fell just short as they lost the final game in the third window of FIBA World Cup 2023 Americas Qualifying opening round play.
