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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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Basketballers Munnings, Burrows and Fritz shine across Europe

BAHAMIAN basketball players have continued their respective seasons in leagues across Europe.

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Jonquel Jones scores 23 in return from EuroBasket tournament

WASHINGTON (AP) — Jonquel Jones scored 23 points and grabbed 16 rebounds in her return from the EuroBasket tournament, and the Connecticut Sun beat the short-handed Washington Mystics 90-71 last night.

Blockchain operator blasts ‘unfounded’ $20m lawsuit

A Bahamian blockchain and digital assets firm has slammed a $20m damages claim as “unfounded”, asserting that it was lavished with praise by the party making the allegations less than five months earlier.

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NPBA Playoffs, NPWBA title games called off

THE New Providence Basketball Association’s men’s division I and II playoffs at the AF Adderley Gymnasium has been postponed until further notice. The case is the same for the New Providence Women’s Basketball Association’s best-of-five championship

US Coast Guard cutter spends week in Freeport

THE US Coast Guard cutter Cormorant, an 87-foot coastal patrol boat, has spent a week in Freeport, Grand Bahama, as part of an expert international exchange in maritime law enforcement between the United States and The Bahamas.

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.

New Providence or New Orleans?

I saw Twitter images of severe flooding throughout parts of New Providence over the weekend. I believe it was a meteorologist who told either The Nassau Guardian or The Tribune that the severe flooding caused by torrential rains was a hurricane drill for New Providence residents. As a resident of Grand Bahama who lived through Hurricanes Francis, Jeanne, Matthew and Dorian, I want Nassau residents to understand that the recent flooding in their communities is nothing compared to the flooding the aforementioned cyclones brought to our island.

Sandals ‘practically full’ by early November date

Sandals Royal Bahamian executives said yesterday that they expect the resort to be at “practically full” occupancy by early November, with the property set for a ‘soft opening’ today just over two months after undertaking $4 million worth of renovations.

Liquidator readies control plan for Alliance accounts

Liquidators for an alleged $340 million Ponzi scheme are planning to apply to the Supreme Court for permission to gain control over six accounts they have been denied access to by a BISX-listed firm’s broker/dealer affiliate.

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Foreign buyer VAT rise gains ‘90-day transition’

A Cabinet minister yesterday confirmed the Government is allowing a 90-day “transition period” so that foreign purchases of real estate valued at under $1m - and already subject to sales agreements - can close at existing VAT rates.

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'Bahamas not ready for a white PM'

FORMER Cabinet minister Brent Symonette yesterday suggested the country was not ready for a white prime minister as he reiterated his call for a national discussion on race and wealth in politics.

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CARIFTA: Triathletes in tie for 5th

The Bahamas’ 20-member team to this year’s CARIFTA Triathlon and Aquathlon returned home from Kingston, Jamaica, with four medals and a tied fifth-place finish with Aruba.The team, coached by brothers Dorian and Cameron Roach, got a silver medal from

Fox and Biscuits are No.1 seeds in playoffs

LUCIUS Fox and the Montgomery Biscuits began their Southern League playoff campaign last night as the No.1 overall seed. The Biscuits, North Division champions (88-50), host division runner-ups the Jackson Generals in the best of five semi-finals.

Resorts enjoy record winter tourism period

HOTELS throughout The Bahamas yesterday said they are enjoying a record-breaking 2023 to-date with high occupancy levels recorded over the Easter period.

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Gibson’s ex-fiancee’s virtual testimony ruling Monday

A SUPREME Court judge will rule on Monday whether Adrian Gibson’s ex-fiancee can testify virtually in his corruption trial.

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Judge to summon employer to court after claim that juror would be made to use vacation time during Gibson trial

A SUPREME Court Judge has summoned a major employer to court for reportedly telling their employee, a sitting juror in Adrian Gibson’s corruption trial, that their time off for jury duty will count as vacation leave.

Bahamas to get $60m from IDB during 2016

The Inter-American Development Bank (IDB) plans to approve close to $60 million in loans to the Bahamas this year, its president said yesterday, adding that it currently has a portfolio worth $253 million in this nation.

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Post office deal ‘all above board’

A KEY Cabinet minister yesterday told The Tribune the government followed every protocol in leasing the Town Centre Mall from a sitting Cabinet minister to relocate the General Post Office.

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HG Christie helps in fight against breast cancer

SEEKING to celebrate its 90th anniversary in a meaningful way, HG Christie real estate company chose to donate 90 mammograms to help the fight against breast cancer.