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Contractors: ‘Perfect storm’ over raw materials quotes
Bahamian contractors “cannot control prices” because quotes on building materials are holding for as little as 48 hours, with one saying yesterday: “It’s just the perfect storm.”
Prospect Ridge an experiment
Considered by American historians as one of the final great legislative achievements of the civil rights movement, the Fair Housing Act of 1968 was signed into law by President Lyndon Baines Johnson on April 11 (1968), seven days after the assassination of Dr Martin Luther King, Jr.
STATESIDE: Powell led a distinguished career
THE flags outside American defense headquarters at the Pentagon were all flying at half-staff Tuesday. Right below them, the familiar black clenched-fist MIA-POW banner saluted those still unaccounted for in overseas conflicts. A stiff northwesterly breeze kept the flags fully unfurled.
FRONT PORCH: Prepare now for the next deadly wave
THE next COVID-19 surge is coming. Though it is not certain when the next wave will strike New Providence and Grand Bahama, or how severe it will be, another surge is certain. The country should begin preparing for the upcoming wave, now.
‘Tenant took cheque book’
AN elderly woman has accused one of her tenants of illegally obtaining her cheque book and writing several cheques in her own name over a three-month period.
Digital is financial future in Bahamas
With the rise of smartphone adoption across the Caribbean, many industries have sought innovative ways to engage consumers by digitising their services. The banking industry is no different, as companies seek to establish future financial trends. As proven by the launch of the Sand Dollar, the world’s first Central Bank Digital Currency (CBDC), the Bahamas’ financial services sector is now looking to transform its legacy infrastructure by going digital to improve its security, lower costs and grow the customer base. Initially rolled out in Exuma and Abaco, as of March 2021, nine digital wallet providers circulated $130,000 worth of digital Bahamian dollars throughout the entire archipelago.
ALICIA WALLACE: We need to have our say at climate talks
IN less than two weeks, world leaders and activists will meet at COP26, the United Nations Climate Change Conference. The conference will be hosted by the United Kingdom in partnership with Italy. Parties that signed the 1994 United Nations Framework Convention on Climate Change (UNFCCC) treaty.
Coral farm ‘showcase’ eyes 1m annual target
The Bahamian winner of Prince William’s £1m Earthshot prize yesterday disclosed it is targeting production of 1m coral pieces per year to help “showcase” this nation’s environmental credentials.
GB Power critic: Rate increase is ‘last straw’
Businesses and civil society yesterday united against Grand Bahama Power Company’s proposed electricity rate increases, with some branding it “the last straw” and warning of protests to come.
The perfect storm
ActivTrades
There is still a shortage of containers all over the world. The ships are jammed in the ports, for example, in Los Angeles. The pandemic is disrupting global trade.
Mitchell pays tribute after death of Colin Powell
FOREIGN Affairs Minister Fred Mitchell issued a statement on the death of former United States Secretary of State Colin Powell, saying he was “an example of success as a Black man in America”.
Gibson leads Huskies to two victories
Qyemah Gibson has emerged as an offensive leader for the St. Mary’s Huskies this preseason and has set the tone for lofty expectations in the 2021 campaign.
STATESIDE: 10 years without a US Ambassador
AS you may have noticed, ten months into the Biden administration, we still don’t have a sitting American Ambassador here in Nassau. As a matter of fact, for those not keeping score on such matters, within five weeks, it will have been fully ten years since a Senate-confirmed U.S. envoy has overseen the work of the large American Embassy still located on Queen Street downtown until the new U.S. embassy headquarters building is ready for occupancy. Do you remember who was the last American ambassador to The Bahamas?
Abaco resorts in up to 80% rebound despite difficulties
Abaco resorts yesterday said business has rebounded to almost 80 percent of pre-COVID levels as they bid to overcome staffing, housing and utilities woes created by Dorian and the pandemic.
Costs, costs and more costs to bear
Well the Camelot celebrations are all over…$’000’s spent on hats…wonder how much Tax arrears the 1000 chosen owed the Treasury had enough to embellish themselves but.....
Basketballers Munnings, Burrows and Fritz shine across Europe
BAHAMIAN basketball players have continued their respective seasons in leagues across Europe.
FRONT PORCH: Vaccine mandates and requirements needed to save lives
A colleague cum friend becomes apoplectic when discussing those refusing to be vaccinated against COVID-19, putting others, including family members, colleagues and strangers at risk of getting gravely sick or dying.
Ex-minister: Ditch RBC over zero deposit rates
A former Cabinet minister yesterday urged Bahamians to pull their money from Royal Bank of Canada (RBC) after it cut interest rates on savings accounts and term deposits to zero.
Entrepreneur relives exporting ‘nightmare’
A Freeport entrepreneur yesterday branded exporting a “nightmare” due to costs that are more than quadruple product prices and delays encountered in getting sales to customers.
Bridgewater leading scorer with 22.4 points per game
DOMNICK Bridgewater continues his dominant play in his second stint in France’s NM2 League.
