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HUBERT EDWARDS: The low growth, high debt trap
In the first article we assessed some of the consequences from a high, and growing, national debt. With The Bahamas’ debt-to-GDP ratio expected to remain above 80 percent over the mid-term at least, the question that dominates is the extent to which this is sustainable.
New Providence or New Orleans?
I saw Twitter images of severe flooding throughout parts of New Providence over the weekend. I believe it was a meteorologist who told either The Nassau Guardian or The Tribune that the severe flooding caused by torrential rains was a hurricane drill for New Providence residents. As a resident of Grand Bahama who lived through Hurricanes Francis, Jeanne, Matthew and Dorian, I want Nassau residents to understand that the recent flooding in their communities is nothing compared to the flooding the aforementioned cyclones brought to our island.
PM renews assault on COVID food initiative
The Prime Minister yesterday renewed his assault on “astounding” deficiencies with the COVID-19 food assistance initiative even though a 138-page audit report produced no evidence of corruption, fraud or misappropriation of funds.
‘Lord knows’ Freeport requires tourism scale
An ex-tourism minister yesterday voiced optimism that the Grand Lucayan’s sale will be the “catalyst” that builds scale by luring other resort developers to Freeport, adding: “Lord knows Grand Bahama needs it.”
What Next for Cryptos?
ActivTrades
As the era of cheap money comes to an end, so do the conditions that propelled the price of Bitcoin and other crypto assets to the dizzying highs reached at the end of last year. At the time of writing, Bitcoin was trading just above $27,000, a drop of more than 60 percent from all-time maximum of almost $69,000 touched last November.
$10M IN FUNDING ‘VANISHED’: Prime Minister claims NGOs have not submitted accounts
PRIME Minister Philip “Brave” Davis said two non-governmental organisations have not submitted records to give an account of the combined more than $10m they received from the former Minnis administration under its national food programme.
Are private pension funds sustainable?
As the debates had been about the lack of funds for Bahamians at the National Insurance Board and it is obvious it will run out because the lack of businesses paying employees funds at the National Insurance Board.
Back with a win as Isaacs Jr rejoins New Jersey Jackals
TODD Isaacs Jr returned to the New Jersey Jackals for his second season with the club in the Frontier League and helped the team to a series opening win to begin their 25th campaign as a franchise.
What future for little-used Ayton?
DEANDRE Ayton played sparingly in his Phoenix Suns’ worst playoff loss in franchise history which prompted many to revisit a lingering and unresolved contract negotiation between the team and its former no.1 overall pick.
Ayton and Suns eliminated
PHOENIX (AP) — Luka Doncic scored 35 points, Spencer Dinwiddie added 30 and the Dallas Mavericks stunned the top-seeded Phoenix Suns with a 123-90 Game 7 blowout last night, advancing to the Western Conference finals for the first time since 2011.
Men’s national basketball team players take spotlight
POSTSEASON basketball continues for several Bahamian senior men’s national team players in their respective leagues throughout Europe and South America.
DIANE PHILLIPS: Cars, cars and more cars
THERE are 145,000 registered vehicles, give or take a few, in The Bahamas, 90% of them likely on an island that measures 21x7 miles. The only thing we might have more of in terms of numbers is cellphones, but then there is one big difference. Just about everyone knows how to use a cellphone.
EDITORIAL: A deal that’s been a long time coming
THE announcement of the buyer for the Grand Lucayan Resort has been long coming.
‘We are going to have to play together’
Deandre Ayton looks ahead to game 6 against Mavericks
The Phoenix Suns have an opportunity to clinch a second consecutive berth to the Western Conference Finals but Deandre Ayton said he expects tonight’s game six matchup to be one of the toughest in the series.
Tyler Pinder commits to Redlands Community College Cougars
JUNIOR national basketball team standout Tyler Pinder will begin his athletic and academic collegiate career with the Redlands Community College Cougars.
Agreement for $100m sale of Grand Lucayan Resort
ELECTRA America Hospitality Group has made a $100M purchase offer for the Grand Lucayan Resort at Grand Bahama.
Two years on after Dorian - and residents still repairing homes
MORE than two years after Hurricane Dorian devastated parts of The Bahamas, Grand Bahama residents are still repairing homes throughout the island, even as the storm season approaches.
Ayton and Suns take 3-2 lead
PHOENIX (AP) — Devin Booker scored 28 points, Deandre Ayton added 20 and the Phoenix Suns beat the Dallas Mavericks 110-80 last night to take a 3-2 lead in the Western Conference semifinals.
PETER YOUNG: Local elections send message to political leaders
HAVING read an interesting letter recently in The Tribune by Maurice Tynes entitled “Modernising our nation” in which he advocated introduction of community or local government in New Providence, I thought it might be interesting in today’s column to write about last week’s regional and local government elections in Britain and the effect on the wider political situation in the country.
FACE TO FACE – Commodore Bethel: Name our waters the ‘Lucayan Sea’
The beautiful waters of the Bahamas are a treasure trove of natural resources that could become a symbol for world peace, paying homage to a rich past and guiding the way toward a bright future.
