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S&P goes ‘negative’ on Bahamas as debt ratio rises 11% pts

Wall Street last night forecast that the Bahamas’ net government debt would hit 45-47 per cent of GDP by 2013-2014, a double digit rise in three years, as one rating agency slashed its economic outlook on this nation to ‘negative’.

80% DIY anglers is ‘absolute nonsense’

The Fly Fishing Industry Association’s (BFFIA) president said yesterday it was “absolute nonsense” to suggest that so-called ‘do-it-yourself’ anglers (DIY) anglers represent 80 per cent of the industry, questioning the credibility of a 2010 survey that pegged the sector’s economic impact at $141 million.

Wade brings the Heat for 2-0 lead in series

By TIM REYNOLDS AP Sports Writer MIAMI (AP) -- As the Miami Heat expected, the New York Knicks were much improved in Game 2. Better, yes -- but not good enough. Dwyane Wade scored 25 points, Chris Bosh added 21 and the Heat beat New York 104-94 on Monday n

Cybots, Giants take 2-1 lead

ALTHOUGH he wasn’t 100 per cent, shooting guard Ricardo Pierre felt he had to come back and make a contribution to the Commonwealth Bank Giants in game three of their New Providence Basketball Association men’s semifinal playoff series.

In the spotlight...

In the spotlight... Records fell, the St Augustine's College Big Red Machine took three divisions, and a series of keenly contested relay races concluded the 2012 edition of the Bahamas Association of Athletic Associations (BAAA) Scotiabank National High

NBA Playoffs: ‘DA is playing unbelievably well’

DEANDRE Ayton’s offensive production slowed for the first time this postseason, but his Phoenix Suns had their most lopsided win en route to taking a 3-2 lead over the Los Angeles Lakers in the NBA postseason.

Marines get jabs

EIGHTY people were vaccinated during the three days the Royal Bahamas Defence Force’s Coral Harbour base was open as a COVID-19 inoculation site.

‘Family Islands lockdown could last four more weeks’

DEPUTY Chief Medical Officer Dr Delon Brennen said it could take another four weeks before the lockdown can end on Family Islands that have not yet recorded a confirmed case of COVID-19.

NCAA Division I: Bahamian players impressive early on

IN THE second week of the NCAA Division I basketball season, several Bahamian players continued their impressive showings early in the year.

No Property Fund dividend until 80% occupancy rate hit

The BISX-listed Bahamas Property Fund will not pay shareholder dividends until its overall occupancy rate improves into the 80 per cent range, its administrator has told Tribune Business.

Farming investors: ‘You can taste the difference’

The Bahamian principals behind a $60m hydroponic farm project yesterday voiced hope it will inspire “our fellow Bahamians” to invest in the sector, adding: “We’re full speed ahead.”

Physicians concerned about hundreds of new cases

CONSULTANT physicians are concerned about the hundreds of COVID-19 cases recorded in recent days, a representative has told The Tribune.

Second Baha Mar SPV asset transfer

Baha Mar’s receivers and liquidators have left “no stone unturned” in their hunt for assets, quietly transferring a second tranche to the project’s secured creditor in December 2016.