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Insurer’s $80m Matthew payout 20% off forecast
A top insurer yesterday said its total Matthew claims payout was likely to be 20 per cent less than originally estimated, as it warned that the Bahamas’ hurricane preparedness “cannot be business as usual”.
Time to go?
The recently concluded general elections in the UK have resulted in a majority Conservative government and the return to 10 Downing Street of Prime Minister David Cameron. At one point the now vanquished leader of the Labour Party, Ed Miliband, was considered neck and neck with the Conservatives by most polls, if not a majority. The results, however, were decisive and spoke volumes about just how the average electorate sees political parties and judges their manifestoes or charters for governance.
Third party politics: Changing of the guard at the Palace of Westminster
The Conservatives have new energy and impetus but are unsure how to respond to the UKIP threat while Labour’s weak, left-leaning leader is an electoral liability. As the starting gun fires on the race to next year’s General Election in Britain Peter Young forsees the end of voting on traditional two-party lines amid the political uncertainties.
National Hall of Fame Induction set for National Sports Heritage Week Ceremony set to be held at Government House
By BRENT STUBBS
STATESIDE: Biden seeking to avoid gaffes
US President Joe Biden is known for avoiding live press conferences. In sharp contrast to his predecessor, Biden appears to believe that such largely unrehearsed sessions would expose him to more of the gaffes and errors that have occurred many times throughout his long public career – albeit without the crippling effect of some of his contemporaries’ mistakes and misstatements.
Failed broker paid 'excessive' cash to related parties
A Bahamian investment adviser collapsed into insolvency due to “mismanagement” centred on internal conflicts and the payment of “excessive cash” to related parties for client introductions. Ed Rahming, Pacifico Global’s liquidator, told the Supreme
'12 still missing' after fatal voyage
THE Haitian community is “utterly dismayed” and trying to understand what happened on a voyage that ended in rough seas last week with 12 persons of an estimated 200 missing, social activist Rodney Moncur said yesterday.
ROLLING THE DICE WITH OUR LIVES: COVID cases leap 200% as Sands warns: we’re ‘gambling at our peril’
FORMER Health Minister Dr Duane Sands has said the country continues to “gamble” with COVID-19 “at our peril” as the Ministry of Health reported 79 new infections on Tuesday.
McCuin and Rebels win NCAA season opener
The 2019-20 NCAA Division I basketball season tipped off Tuesday night and Bahamians were figured prominently for their respective programmes both on the sidelines and on the floor in various conferences across the United States.
‘Golden Girl’ re-elected
‘GOLDEN GIRL’ Pauline Davis-Thompson got another feather in her cap. She was re-elected to serve as an individual member of the International Amateur Athletic Federation.
FOUR QUARTER PRESS: Injuries taking toll on Warriors and the Clippers in playoffs
WHOEVER’S job it was to wish and pray for a good playoff tournament in the NBA this year ... that person clearly forgot to show up for work this post-season.
Breezes High Flyers win Division II title
With the stakes at their highest, Daltino Thurston stepped to the line and hit his most clutch free throw of the season to lift the Breezes High Flyers to the New Providence Basketball Association Division II title.
A look back on great moments in sports history on March 21
Enough of the mock NFL Drafts, and monitoring where the likes of Tony Romo, Adrian Peterson and Jamal Charles will all end up, and under what circumstances?
Contractors: Over 50% hit by lack of work
Some 52 per cent of Bahamian contractors are suffering from a lack of private sector and government projects, the issue being cited as one of the greatest challenges to their “survivability”.
Brady sets Super Bowl mark: Sixteen completions in row
INDIANAPOLIS (AP) -- Tom Brady has broken the Super Bowl record for consecutive completions previously held by his idol Joe Montana. The Patriots quarterback threw his 16th straight completion with a 12-yard touchdown pass to Aaron Hernandez on the opening
Bobby Brown headlines the Jingle Ball
FORGET Santa Claus, ‘80s R&B superstar Bobby Brown is coming to town.
NP real estate sales value off 45 per cent during Q3
The total value of New Providence real estate sales on the Bahamas Multiple Listing System (BMLS) dropped 45 per cent quarter-over-quarter in the three months to end-September, the industry yesterday unveiling its initiative to boost “market transparency” and real time data access.
FNM chair: BFS IPO should be 25-30% stake
The FREE National Movement’s (FNM) chairman has criticised the Government for mandating that only a 15 per cent stake in Bahamas Food Services (BFS) be sold to the Bahamian public, telling Tribune Business any initial public offering (IPO) should involve at least 25-30 per cent of the company’s equity.
Bay St: 'Get on board or get out of the way'
An ex-Deputy Prime Minister yesterday said Perry Christie was effectively telling Bay Street stakeholders “to get on board or get out of the way” over Chinese plans to redevelop downtown Nassau, questioning whether the Government was trying to “socially re-engineer” the city.
Baha Mar interest like ‘beauty parade’
A Bahamian QC yesterday likened buyer interest in the $3.5 billion Baha Mar property to “a beauty parade”, while its former developer was left distinctly unimpressed by the latest winding-up petition adjournment.
