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Cleaning up above and below water
The Bahamas Reef Environment Education Foundation (BREEF) held an above and underwater beach clean-up in commemoration of World’s Ocean Day last weekend.
'Incalculable' value from Bahamas' 176 wrecks
A Bahamas-based underwater explorer says the value to this nation's underwater cultural heritage from the 176 extra ship wrecks identified within its licence area is "incalculable" and "cannot be measured in dollars".
Not all questions answered on Long Island plane crash
AIR accident investigators found that “loss of power resulting in a loss of control inflight” caused a plane crash in Long Island last year that resulted in a woman’s death.
Jonquel Jones posts first double-double of the season
The Bahamas’ Jonquel Jones posted her first double-double of the Women’s National Basketball Association (WNBA) season this past Sunday. Jones also turned in her second highest point total of the season as the second leading scorer in the New York Liberty’s win against the Phoenix Mercury. Although the Liberty team was without their All-Star guard Sabrina Ionesecu, the third-seeded team routed the Mercury 89-71.
Charities asked: Do you hold any of FTX’s $5.4m?
FTX’s Bahamian liquidators are “liaising” with local charities and non-profits over the collective $5.4m in donations they received from the collapsed crypto exchange to determine if they still hold any of these funds.
Total shutdown: Just 1% of firms able to survive Dorian-type blow
Bahamian businesses have warned that commerce on islands hit by future Dorian-type natural disasters will almost completely shutdown with this nation forecast to be the worst-impacted of major Caribbean territories.
Education reform still a 'critical endeavour'
In a rapidly evolving world where information is readily accessible, the ability to think critically has become an indispensable skill.
New faces, same story
ActivTrades
The re-elected Turkish president, Recep Tayyip Erdoğan, wanted to calm the markets and settle the Turkish currency crisis with the new finance minister, Mehmet Şimşek. But the plan did not work, and the lira hit a new record low on Friday last week.
Moody’s: Govt must broaden revenue
Moody's yesterday asserted that hitting the Government's fiscal targets "rests on broadening the revenue base" as a prominent banker urged the administration: "Stop saying no new taxes."
PETER YOUNG: Global summits, where countries meet to establish consensus and end with compromise
It became one of Winston Churchill’s better known maxims – “Jaw, jaw is better than war, war”. Britain’s famous Second World War leader was talking about the desirability of dialogue over destruction in the conduct of relations between states. This put the lie to accusations that he was a warmonger when the evidence showed that he opposed the use of force rather than negotiation with an aggressor in order to protect his country’s interests.
BPL set for a 'maturity audit'
Regulators are searching for consultants to conduct a "maturity audit" of Bahamas Power & Light (BPL) in a bid to assess the energy monopoly's performance and develop better regulatory oversight.
Property tax cap up 25% to hit $150,000
Bahamian realtors have given a mixed reaction to the Government's decision to increase the annual real property tax cap by 25 percent to $150,000.
FTX chief’s fate lies in Bahamas’ hands
THE FATE of embattled FTX chief, Sam Bankman-Fried, rests in The Bahamas’ hands in determining how many criminal charges he will ultimately face over the crypto exchange’s multi-billion dollar implosion, it was revealed yesterday.
'Screeching economic halt' if diesel stop lasts 10-14 days
Bahamians could "see a totally different economy" if the decision by most petroleum dealers to halt diesel sales lasts for up to two weeks, a well-known contractor warned yesterday.
Silver Airways adds two routes to Family Islands
A US airline has added two non-stop routes to the Family Islands from Orlando this past weekend.
US will warn over crime
My prediction has happened. Two American tourists in Exuma robbed of thousands of dollars, another State Department Advisory will happen warning American tourists of the crime in The Bahamas.
Club Med: Over 75% of workforce returns
Club Med's general manager yesterday revealed that more than 75 percent of the resort's staff have returned to work at the property despite its near three-year shutdown due to COVID-19.
Cat Island 'going to get whole hog'
Government officials yesterday pledged that Cat Island is "going to get the whole hog" when it comes to airport, roads and utilities upgrades and investments.
PETER YOUNG: Turkey’s identity at stake as the country faces a possible presidential run-off
TO many people, Turkey is something of an unknown quantity. But it is in the news at present because of last Sunday’s parliamentary and presidential elections. These are said to be the most pivotal polls in the nation’s history and President Recep Tayyip Erdogan’s toughest challenge since he first came to power in 2003.
Central Bank exceeded Govt lending limits at year-end '22
The Central Bank would have massively exceeded its legal lending limits to the Government had the latter's accessing of $232.3m in IMF special drawing rights (SDRs) been included in the 2022 year-end calculation.
