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'Stability' concern on NIB's $100m COVID drawdown
The Central Bank has voiced confidence that COVID-19 will not produce a 'bad loan' blow-out to match the $1.2bn credit arrears peak caused by the 2008-2009 global recession.
Gov't joins BPC in opposing oil Judicial Review
Environmental activists yesterday accused the Government of "jumping the gun" after it filed legal papers opposing their bid to halt oil exploration in Bahamian waters.
Hield tips in winning basket in overtime
Chavano “Buddy” Hield’s late-game heroics helped the Sacramento Kings open the 2020-21 campaign with a thrilling win in the first overtime game of the season.
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.
BPC warns on 'safety' risks if drilling halted
The Bahamas Petroleum Company (BPC) is warning that "significant and unnecessary health, safety and environmental risks" will be created if opponents now obtain a court-ordered halt to its oil drilling.
Bahamian single women take brunt of COVID-19
Bahamian single women have born the brunt of COVID-19's economic devastation to lead the Caribbean on both job losses and "worsening diet", the Inter-American Development Bank (IDB) has revealed.
Don't leave Bahamians with oil drilling 'peanuts'
The Bahamian people must get more than the "peanuts and crumbs" if the Government ultimately decides to approve commercial oil exploration, the National Trust's top executive urged yesterday.
Oil explorer fears its major $100m asset 'extinguished'
The Bahamas Petroleum Company (BPC) has warned that its "major $100m asset will be extinguished", thereby threatening its survival, if the Supreme Court halts its oil drilling activities.
Walker, Clarke and Evans most outstanding athletes of the year
CADIN Walker, Serai Clarke and Khadin Evans shared the spotlight as the recipients of the most outstanding baseball and tennis Athletes of the Year at the Ed Armbrister Baseball and Southwest Tennis Clubs awards ceremony.
Merry Christmas to men! Studies show frequent ejaculations have proven health benefits
Here is an early Christmas gift of scientifically based facts for Bahamian men:
PETER YOUNG: How free is our speech?
IN the context of ‘wokeness’, which I wrote about in a recent column, there were two interesting developments in Britain last week. One was a speech by a Cabinet minister about the Conservative values of equality and individual responsibility while the other was a report by a leading think tank about the importance of free speech in universities. These are significant issues in modern society that can affect many people – even indirectly – so they are, perhaps, worth examining further.
AG: New tax for BPC if royalties 'abysmally low'
The attorney general yesterday said the Government could impose a new tax on Bahamas Petroleum Company (BPC) if it declines to renegotiate "abysmally low" royalty rates that are the world's poorest.
Loan delinquencies up $92m as tourism arrivals totally dry-up
Mortgage and consumer loan delinquencies soared by $91.8m in two months as tourist arrivals to The Bahamas dropped 98.4 percent year-over-year for October, the Central Bank has revealed.
INSIGHT: Are we doomed to always be a nation for sale?
EMBARASSED in international media, one of the most glaring shortcomings of our democratic process was laid bare for the world to see in the recent indictment of Peter Nygard. The horrific allegations should come as no shock to those of us who heard stories about the infamous Nygard Cay.
INSIGHT: Before we talk about oil pollution, what are we doing about plastic?
AS The Bahamas prepares for the possibility of oil drilling and the risk of spillage, this archipelagic nation ranks among the top 30 per capita plastic global polluters, according to a Forbes Magazine report.
UPDATED: U.S. Congress members urge PM to reconsider oil drilling agreement
SEVERAL members of the United States Congress have written to Prime Minister Dr Hubert Minnis and Environment Minister Romauld Ferreira urging them to reconsider the oil drilling agreement with Bahamas Petroleum Company.
Oil opponents now seeking 'Xmas miracle'
Environmental activists yesterday admitted they are seeking "a Christmas miracle" as the Bahamas Petroleum Company's (BPC) drilling ship closed in on the location for its first exploratory oil well.
Mike Sands: ‘It’s just a way to show our appreciation’
In the spirit of giving back during the Yuletide season, Mike Sands took the time out to express his gratitude to the many persons who helped him to secure the presidency of the North American, Central American and Caribbean (NACAC).
'Talk is cheap' warning over $1.5bn debt fears
The Government was yesterday warned that "talk is cheap" when it comes to The Bahamas' mounting fiscal and economic woes, as governance reformers demanded: "Let's see some action."
CIBC suffers major loss amid $94m dividend wait
CIBC FirstCaribbean International Bank (Bahamas) plunged to a $63.543m net loss for the year to end-October 2020 as it awaits permission to pay almost $94m in total dividends to shareholders.