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Lessons learned
ActivTrades
The collapse of the FTX crypto exchange, and the controversy swirling around its founder, Sam Bankman-Fried (SBF), have plunged the crypto market into an existential crisis.
Hyatt warned Sarkis: ‘You’ll never meet opening target’
Sarkis Izmirlian received more than three months’ warning from his major resort partner that it would only begin accepting bookings from June 1, 2015, as the resort’s target opening was “not a viable option”.
GSSSA champions crowned
It was a double dose of victory as all four pennant winners emerged as the Government Secondary Schools Sports Association’s softball and baseball champions with clean sweeps across the board on Thanksgiving Day.
STATESIDE: Special counsel Jack Smith and the Elliot Ness comparison
JACK Smith is Elliott Ness. Or is he? Especially before he grew a scraggly beard, Smith resembled Kevin Costner playing the Treasury Department’s legendary crime-fighter and nemesis of notorious Chicago Depression-era gangster Al Capone, depicted by the peerless Robert DeNiro in 1987’s celebrated movie “The Untouchables.”
Minnis: Govt needs to give answers over FTX
FORMER Prime Minister Dr Hubert Minnis has insisted there are many FTX-related questions that need answers by the Davis administration. As The Bahamas based crypto exchange fund’s collapse is news around the world, the Killarney MP said the spotlight has been shone on FTX’s conduct and the people behind the operation.
BISX-listed fund targets asset-doubling to $100m
A BISX-listed fund is reviving ambitions to “more than double” total assets to over $100m by “looking more aggressively” for property acquisitions following its recent preference share refinancing.
No. 3 Kansas beats NC State in coach Bill Self’s return
PARADISE ISLAND, Bahamas (AP) — Bill Self couldn’t wait to get started yesterday at the Battle 4 Atlantis. Neither could hot-shooting Kansas rookie Gradey Dick.
GSSSA finals underway
The CR Walker Knights, Doris Johnson Mystic Marlins, AF Adderley Fighting Tigers and HO Nash Lions all prevailed with game one victories in their respective Government Secondary Schools Sports Association best-of-three baseball and softball championship series. Game two in all series will continue today at the Baillou Hills Sporting Complex.
Man accused of rape attack
A MAN was accused in a Magistrate’s Court of raping a woman in the capital last week.
Excitement is building for 50th Carifta Games 2023 in Bahamas
THE excitement is building for the upcoming launch of the 50th CARIFTA Games 2023, to be held here in the Bahamas from April 7-10, 2023.
Ole Miss Rebels lose by two points in Pink Flamingo Championship
IN what turned out to be a dramatic finish to a great Baha Mar Hoops Pink Flamingo Championships last night at Baha Mar, the number 17-ranked Utah Utes held off the University of Mississippi Rebels 69-67 on a three-point play with just six seconds left on the clock.
Ellis, USC beat BYU
PARADISE ISLAND, Bahamas (AP) — Boogie Ellis scored 21 of his 27 points after the break to help Southern California beat BYU 82-76 in yesterday’s first round of the Battle 4 Atlantis.
DEIDRE BASTIAN: Beware the pitfalls of worker termination
Have you ever been terminated? Have you ever had to terminate anyone?
S&P slashes Bahamas ‘23 growth to just 1.1%
Standard & Poor’s (S&P) yesterday slashed its 2023 economic growth forecast for The Bahamas to just 1.1 percent despite giving the country a break on repeated annual creditworthiness downgrades.
PM tours GoldWynn site
PRIME Minister Philip “Brave” Davis and other government officials toured the construction site of the multi-million-dollar GoldWynn hotel and residences project on Cable Beach last week to view the development’s progress.
FTX SPENT $300M ON PROPERTY BUYS: Court documents reveal valuation of real estate spree
A Bahamian realtor yesterday estimated that the collapsed FTX crypto currency exchange spent $250m and “probably more” on acquiring New Providence real estate, adding: “It was great while it lasted.”
Best-of-3 championship series to begin today
GOVERNMENT SECONDARY SCHOOLS SPORTS ASSOCIATION SOFTBALL & BASEBALL
The Government Secondary Schools Sports Association will begin its best-of-three softball and baseball championship series today at the Baillou Hills Sporting Complex, although there’s still some unfinished business to be completed before it all unfolds.
Fourth annual Caribbean Baseball Cup is coming to The Bahamas
WITHIN days, the prestigious Caribbean Baseball Cup will stage its fourth annual competition on Bahamian soil, thanks to the Bahamas Baseball Association.
FACE TO FACE: ‘Godfather of the Flats’ committed to protecting our natural resources
LONG before climate change, conservation and sustainability became the popular catch phrases that they are today, Prescott Smith was out in the world sounding a clarion call to protect natural resources.
PM hopes climate fund will benefit Bahamas
PRIME Minister Philip “Brave” Davis says he hopes The Bahamas can benefit from the establishment of a loss and damage fund to aid vulnerable nations most at risk of the impacts of climate change.
