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S&P: Bahamas’ savings slump to 10% of GDP

The Bahamas’ already-low national savings rate fell by a further 5 percentage points during the recession’s peak to just 10 per cent of GDP, a Wall Street credit rating agency has revealed, warning this “may force difficult” fiscal and social security-related decisions upon the Government.

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'Skyrocketing' Bahamasair losses could strike $60m

A Cabinet minister yesterday said the Government had no choice but to increase Bahamasair's fares in a bid to contain "skyrocketing" losses that could hit $60m for the airline's current financial year.

Gov't 'can't say' how much spent on NHI

The Minister of Health “cannot say” how much the Christie administration spent on National Health Insurance’s (NHI) launch, saying only: “It’s more than $100 million.”Dr Duane Sands acknowledged that many Bahamians will be amazed the Government canno

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Final results in - but analysis raises questions over accuracy

REFERENDUM results from Fort Charlotte, Fox Hill, Marathon and Sea Breeze – the remaining four undisclosed constituencies from Tuesday’s vote – were released to the public yesterday, with all four adhering to result trends already set earlier this week.

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Sports in brief

THE New Providence Volleyball Association continued its regular season Sunday with a double header at the DW Davis Gym.

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STATESIDE – Halfway through his first term: Biden and the immigration issue

US President Joe Biden is halfway through his first term in the nation’s top job. After an initial boost in favourable poll ratings and with TV and other media pundits, Biden began to slip, until earlier this year he achieved a dubious distinction when he sank “under water” with less than 50 percent approval ratings in the polls. Oddly, Donald Trump and “his” Supreme Court have rescued Biden twice.

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STATESIDE: Trump just won’t go away and it may be Liz Cheney is the one to stop him trying again for the White House

There are serious people in the United States this morning who will tell you the future of democracy in America rests with Mitt Romney, Mitch McConnell and Liz Cheney.

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STATESIDE: How long will it take for the US to recover the ground it’s lost in the eyes of the world?

“I feel sorry for Americans,” a lawmaker in Myanmar told The New York Times recently. From Berlin, another Times reporter wrote that events in the US were “shaking fundamental assumptions in Europe about American exceptionalism”.

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STATESIDE: It’s not easy keeping pace with the polarization of American politics

GIVEN the choice, most of us would probably prefer a public figure or politician whose views are plain and consistent. That way, at least we know who and more importantly, what we are voting for. One of the most damaging criticisms of politicians in recent decades has been the charge of “flip-flopping,” especially in American elections.

New auto sales plunge 90% at COVID’s peak

New car sales plunged more than 90 percent during the COVID-19 lockdown’s peak, data seen by Tribune Business has revealed, with many dealerships “not selling a single vehicle” for April.

Radio personalities 'dunking for boobies'

SOME OF the best known radio DJs and personalities in the Bahamas will be getting an early morning soaking today as Radio House, home to 100Jamz, Cool96 and Y98FM, partner with the Bahamas Breast Cancer Initiative Foundation (BBCIF) for the ‘Dunking For Boobies’ event to help raise funds and promote breast cancer awareness month.

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Nesbitt, Miller key contributors in late season playoff race

WITH their respective teams in late season playoff races, David Nesbitt and Tavario Miller con-tinue to provide key contributions for their clubs as they conclude the regular season.

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Texas A&M Aggies capture inaugural Island Relays

GRAND Bahama — Veteran coach Pat Henry remembers his last trip to The Bahamas in October to participate in the homegoing service for his former Olympic sprinter Shavez Hart. This time, he was in a more celebratory mood as his Texas A&M Aggies captured the inaugural Island Relays over the weekend.

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Shockers edge past Regulators

EVEN though he struggled in spurts, William ‘J R’ Rigby still managed to can a game high 30 points, including the game winning three-pointer with 3.1 seconds left on the clock.

Economy a tough task for Christie

Prime Minister Perry G Christie and his Progressive Liberal Party (PLP) government have a mammoth task ahead of them - rescuing a dying economy. I was alarmed after reading in The Tribune about the

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Prime Minister guests as Ed Fields returns to radio

VETERAN broadcaster Ed Fields returns to the Radio House airwaves today with a new talk show on KissFM, with his first guest Prime Minister Perry Christie.

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Bahamas secure hard-fought win over Panama

THE Bahamas men’s national team played with a lot of heart and grit right to the end, securing a hard fought 83-79 victory over Panama in the first of two games at home this weekend as the FIBA Americas World Cup Qualifier continued Friday night at the Kendal Isaacs Gymnasium.

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Bahamas Great Abaco Classic tops the Web.com leaderboard

THE Bahamas Great Abaco Classic is high on the Web.com leaderboard with several PGA golfers raving about their experience at the event.

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Government approves $2m to rebuild BAMSI dorm

THE government has approved the use of more than $2m to rebuild the Bahamas Agriculture and Marine Science Institute (BAMSI) dormitory that was destroyed by fire in early 2015, according to Agriculture and Marine Resources Minister V Alfred Gray yesterday.

SPORTING MISCHIEF & MAYHEM: The day Wilt the Stilt and the Bears made their point

CHRISTMAS is fast approaching - the equivalent of the Super Bowl for ‘shopaholics’ like my wife.