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PETER YOUNG: From the summit of success to now being shown the door - it’s all over for Boris
“ALL political careers end in failure”. Those were the memorable words of Enoch Powell, who was a leading right-wing Tory, and some say a contrarian and a maverick politician, of the 1960s and beyond. It is a fair bet that some of the older generation in Britain will have recalled this famous dictum when watching Prime Minister Boris Johnson’s resignation statement outside No 10 Downing Street last Thursday as he stood down from what he called “the best job in the world”.
EDITORIAL: Atlantis goes from up for sale to new investment
THERE has been quite the turnaround at Atlantis – and that’s welcome news.
Exporters told: Prove no domestic financing
Bahamian exporters must first prove to the Central Bank that they have been rejected by all domestic financing sources before they will be given approval to seek out alternative funding from overseas.
Honours from grateful nation
BISHOP Lawrence Rolle, community activist Khandi Gibson and former police commissioner Paul Rolle say they are honoured and humbled for recognition of their service to the nation as recipients of the Bahamas’ 49th Independence Day National Honours.
Atlantis eyes $500m in fresh investment
Atlantis is on target to “exceed” 90 percent of pre-COVID occupancy levels for the 2022 full year, a senior executive has revealed, as it eyes “well over $500m” in new investment for this decade.
Jones posts double double - 29 points, 13 rebounds - in WNBA All-Star game
JONQUEL Jones displayed why she is a star among WNBA stars and shined on the brightest stage among the league’s best players at its midseason classic.
PM urged: Take ‘definitive’ stance over oil exploration
An environmental activist is again demanding the Government take a “definitive” stance on oil drilling in Bahamian waters as he branded this nation's efforts to combat climate change a “fallacy” without banning such activities.
Jonquel Jones selected for WNBA Skills Challenge ahead of All-Star game appearance
IN addition to playing in the Women’s National Basketball Association (WNBA) All-Star game, Bahamian Jonquel Jones from Grand Bahama has also been selected to participate in Saturday’s WNBA Skills Challenge.
‘Appetite for more’: Deals for $150m in capital eyed
A Bahamas-based investment banker has revealed three further capital raisings, each worth between $20m-$50m, are set to launch this year while asserting: “There’s definitely appetite for more transactions.”
External shocks cause for a ‘special situation’
The Bahamas is “in a special situation” due to its high vulnerability to natural disasters and economic shocks, a trade specialist said yesterday, with imported goods ten times’ higher than exports.
FNM to renovate centre
THE Free National Movement Council in Grand Bahama is hosting major fundraising events to help renovate the Sir Cecil Wallace-Whitfield Community Building that sustained severe flood damage during Hurricane Dorian.
Mackey Jr to continue pro basketball career in Europe
AFTER completing his first year with Mulhouse Basket in France, Grand Bahamian native Willis Mackey Jr is looking forward to returning to Europe in August to continue his professional basketball career.
Joe leads 76ers past Thunder in SLC Summer League 80-79
ISAIAH Joe made a go-ahead 3-pointer with 25 seconds left, his fourth of the game, and the Philadelphia 76ers beat the Oklahoma City Thunder 80-79 on Thursday on Day 3 of the Salt Lake City Summer League.
Teachers respond to govt
BAHAMAS Union of Teachers president Belinda Wilson says a response has been sent to the government on its counter proposal regarding a salary increase for educators.
Banks’ fee income doubles in decade
Bahamian commercial banks are generating an ever-increasing share of their income from the fees detested by many consumers, which now account for more than $1 out of every $5 in earnings.
COVID’s $9.5bn blow nearly a triple Dorian
The Bahamas will never recover $9.5bn in economic losses and damage caused by COVID-19, it was revealed yesterday, with the pandemic combining with Hurricane Dorian to deliver a shattering $13.1bn blow to this nation.
Bahamas’ 20% shrink ‘not seen in worst crisis’
Bahamian economic output shrunk by a “remarkable” 20 percent in 2020, an Inter-American Development Bank (IDB) economist said yesterday, branding this COVID-induced plunge as “something you don’t see in the worst crisis”.
Clean-up held in Bimini
WATERKEEPERS Bahamas alongside 4Ocean hosted its second annual beach clean-up on Radio Beach, Bimini, where the event saw the removal of 1,500 pounds of garbage.
EDITORIAL: Twin disasters of COVID and Dorian
WE ALL knew that COVID-19 had inflicted a hammer blow to the Bahamian economy. The scale of that impact is still only now becoming clear.
