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Deflation in the East

ActivTrades

Everyone in The Bahamas is feeling the rising cost of goods, energy and transportation. No matter if you visit the food store, turn on your AC or fuel up your car, you are paying more for these necessities than compared to the previous year. But the inflation rate in the islands is decreasing, and went down from 3.1 percent to 2.3 percent when compared to last year.

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Man denies using fake cheques to defraud businesses

A 32-year-old man who denied using fraudulent insurance cheques to defraud three businesses will appear before a magistrate next year to determine whether he will be granted bail before his trial.

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New Legend, New Susan Chase and Xena victorious

53RD ANNUAL LONG ISLAND REGATTA IN SALT POND

The 53rd annual Long Island Regatta was held over the weekend in Salt Pond, Long Island and was dubbed a tremendous success.

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Buddy cans 15 in 1-pt victory over Clippers

IT was quite a weekend for Buddy Hield with a pair of performances that produced a new career high and a thrilling come-from-behind win on the road.

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Rattlers rout Suns 60-41 in Hugh Campbell Invitational

The 35th Hugh Campbell Invitational tipped off yesterday at the AF Adderley Gymnasium with the traditional inter-league matchups between BAISS and GSSSA schools highlighting day one.

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Stopover visitors off 100,000 for January

The Bahamas saw January visitor arrivals fall by more than 100,000 or 84 percent, a Cabinet minister disclosed yesterday, with COVID travel protocols set to remain until vaccination levels hit 80 percent.

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Farewell to J Barrie Farrington

A STATE-RECOGNISED memorial service was held for John Barrie Farrington, 85, former senator and hotelier, on Saturday at Christ Church Cathedral.

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Gov't housing re-launch vital to 80% of contractors

THE BAHAMIAN Contractors Association’s (BCA) president yesterday said many smaller operators were anxiously awaiting a revival of the Government’s housing programme, telling Tribune Business this group makes up 70-80 per cent of construction teams in the country .

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As murder toll hits 85, police aim to stop year’s total exceeding 100

POLICE Commissioner Clayton Fernander is of the view that there is room to “finish the year strong” in the country not surpassing 100 murders this year, while the murder count stands at 85 with four more months in 2022.

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Potcakes rescue mission

AROUND 80 dogs from the Bahamas Humane Society will take part in a “Wings of Rescue” flight to the United States this morning as a part of a plan to reduce the population in the overcrowded shelter.

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Bridgewater dominates in his French reunion

DOMINICK Bridgewater was dominant in his return to France’s NM2 League.

Why bring race into it?

“If you are black and you are poor, you die. Surely a tax is better than death.” What kind of idiotic statement is that in a country of 85 per cent black, ruled by the majority?

Ocean Club at ‘full pace’ for its re-opening

The One & Only Ocean Club invested “almost $30 million” in today’s re-opening, with the high-end resort set to hit “full pace” immediately via 85-90 per cent occupancies.

Broker 'caused' to supply false financial details

The mastermind behind a $340 million Ponzi fraud allegedly “caused” a BISX-listed firm’s broker/dealer affiliate to issue “fabricated financial information” that resulted in the value of investors’ holdings being overvalued by almost $149 million.

Receivers set aside $3m for Baha Mar preferential claims

Baha Mar’s receivers have set aside $3 million to pay potential preferred creditors of 17 companies that formed the ownership structure created by original developer, Sarkis Izmirlian.

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Resistance get away with 100-98 win over Bucket to take 1-0 lead in semi-finals

THE New Providence Basketball Association continued its postseason action on Monday night at the AF Adderley Gymnasium with the Caro Contractors Resistance and the PJ Stingers winning the double header.

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WTO to impact 20% of economy

THE Government will forego $40m in revenue under its first World Trade Organisation (WTO) offer, its chief negotiator suggesting that accession will impact just 20 percent of the economy.Zhivargo Laing, pictured, a former minister of state for financ

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PMH Critical Care Block 80% complete

THE $53 million Princess Margaret Hospital (PMH) Critical Care Block is roughly 80 per cent complete, Cavalier Construction’s managing director yesterday telling Tribune Business it was targeting an end-July competition.

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Suspect accused of stealing $80 of women’s underwear given $1,000 bail

A MAN was granted $1,000 bail yesterday for allegedly stealing $80 worth of ladies underwear from a store on Robinson Road.

Nadal beats Ferrer for 7th Barcelona Open victory

BARCELONA, Spain (AP) -- Rafael Nadal became the first player in the Open Era to win two tournaments seven times after beating David Ferrer 7-6 (1), 7-5 in Sunday's Barcelona Open final. The second-ranked Nadal's 21st straight victory on clay followed up h