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What Next for Cryptos?

ActivTrades

As the era of cheap money comes to an end, so do the conditions that propelled the price of Bitcoin and other crypto assets to the dizzying highs reached at the end of last year. At the time of writing, Bitcoin was trading just above $27,000, a drop of more than 60 percent from all-time maximum of almost $69,000 touched last November.

Back with a win as Isaacs Jr rejoins New Jersey Jackals

TODD Isaacs Jr returned to the New Jersey Jackals for his second season with the club in the Frontier League and helped the team to a series opening win to begin their 25th campaign as a franchise.

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Five weeks of rising COVID cases in region

FOR the past five consecutive weeks the Caribbean has experienced a rise in new COVID-19 infections, according to Pan American Health Organisation Director Dr Carissa Etienne yesterday.

Minister discusses ‘betrayal’ claim by former commissioner

NATIONAL Security Minister Wayne Munroe has recalled his personal experiences with former commissioner Paul Rolle regarding the senior officers who were made to take accumulated vacation and later seconded to various ministries.

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Super Value to ‘duck’ energy hike via solar

Super Value’s president yesterday said it plans to “duck” any long-term impact from higher Bahamas Power & Light (BPL) prices through the installation of solar power across its business beginning on August 2.

Basketball Smiles moves into its 20th edition this summer

BASKETBALL Smiles will move into its 20th edition this summer, continuing the mandate of its original mission statement of youth development through basketball and life skills.

All-inclusives not the 'right formula' for Family Islands

THE Government needs to find “the right formula” for stable economic development in the Family Islands, according to outgoing Exuma Chamber of Commerce president, Floyd Armbrister, who yesterday said boutique-type resort properties were the way forward.

Smoke from wildfire 60 miles away blankets Denver

By DAN ELLIOTT Associated Press LOVELAND, Colorado (AP) -- A northern Colorado wildfire 60 miles away wrapped Denver in a pungent cloud of smoke for several hours Tuesday and complicated the aerial offensive against the spreading mountain blaze, which has

Customs staff must understand

Listening to the demands of the Customs and Immigration Union members, you wonder if there is any reasonable dialogue happening in that organisation. Two of their demands stick out like sore thumbs and you wonder if the term “economic fallacy” has application here.

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'Positive signs' for 2012 says new port chairman

FREEPORT - Ian Fair, newly appointed chairman of the Grand Bahama Port Authority, says there are already "positive signs" for 2012 as new business is expected to come to Freeport - possibly as soon as June.

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Reaching out to help seniors

SOCIAL Services is here to help seniors.

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Govt to remove shanty homes via building regulations act

ATTORNEY General Ryan Pinder said the Davis administration would demolish shanty town structures using the process outlined in the Buildings Regulation Act after the Supreme Court failed to deliver a favourable result to the government last week.

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Police crack down on marijuana

THE government is cracking down on the use and production of marijuana across the country. Minister of National Security Tommy Turnquest said that while the use of cocaine - which rose to epidemic proportions in the 1980s - has substantially fallen off, the use of marijuana has grown, especially among young people.

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'Murder rate due to drugs and guns'

NATIONAL Security Minister Tommy Turnquest said yesterday the Bahamas' high murder rates stem primarily from drugs and firearms.

Romer defends criticism that Bahamians are not benefitting from increase in cruise visitors

DESPITE recent criticism that Bahamians are not benefitting from this year’s increase in cruise ship passenger arrivals, Dr Kenneth Romer, deputy director general of the Bahamas Ministry of Tourism and Aviation, said yesterday this is not what he has seen.

LPIA to match or beat Thanksgiving records

The Bahamas’ major airport gateway yesterday said it expects passenger numbers for the upcoming Thanksgiving holiday weekend to meet or exceed pre-COVID’s 30,000-plus record.

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‘All-Bahamian’ $30m hotel gets conditional go-ahead

The Bahamian developer of a proposed $30m West Bay Street hotel was yesterday granted preliminary site plan approval for the project provided its “side setbacks” are increased to 15 feet.

Extra pharmachem investment revealed during PM tour

The expansion project at Pharmachem Technologies in Freeport has significantly exceeded its original investment cost by some $60m and is now estimated to be around $180m.

When it comes to heart health, do you know your numbers?

A Cleveland Clinic study shows that while 68 per cent of Americans are worried about dying from heart disease, many don’t know the basic numbers important for heart health.

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‘Bubba’ posts double doubles

Van ‘Bubba’ Hutchinson Jr, still reeling off his historic 56-point game performance, had a pair of double-double stings to lead the Niagara College Knights to a pair of victories over the weekend.