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COVID collapse sparked rare $1.7bn ‘dual deficit’
Tourism’s “collapse” at COVID-19’s peak “exposed the fragility” of The Bahamas’ current economic model by producing rare twin goods and services trade deficits worth a combined $1.7bn.
Freeport man on murder charge
A FREEPORT man was charged with murder in the local magistrate’s court yesterday.
Buddy: ‘We didn’t match their physicality’
NATIONAL Basketball Association player Chavano “Buddy” Hield said he couldn’t ask for more support than they got from the Bahamian public for the men’s national team matchup against the Dominican Republic.
Coach McPhee-McCuin makes her presence felt
SHE made history as the first Bahamian female to serve as a coach on the men’s national basketball team. But Grand Bahamian Yolett McPhee-McCuin has assured the females that she won’t abandon them as the team’s head coach.
Cable beats target by $50m on ‘largest ever refinancing’
Cable Bahamas yesterday revealed it beat its preference share rollover target by $50m as it hailed completion of “the biggest refinancing the market has ever seen”.
Super Value transport budget up 47% as gas prices strike
Super Value’s principal yesterday said shoppers have “cut back drastically” on luxury items to make every dollar count, while revealing the supermarket chain’s own transportation budget has soared 47 percent.
Foreign reserves stay over $3bn despite May decline
The Bahamas’ foreign currency reserves closed May 2022 above $3bn despite a $65m drop-off during the month, with the Central Bank reiterating its belief that they remain “more than adequate” to sustain the US dollar peg.
Collateral Registry hailed as a ‘tremendous move’
The Central Bank’s plan to boost small business access to financing by creating a movable Collateral Registry was yesterday hailed as “a tremendous step in the right direction” provided it is accompanied by the necessary training.
Air arrivals hit 85% of pre-COVID levels
Total air arrivals to The Bahamas rebounded to 85 percent of pre-COVID numbers during April, more than doubling prior year numbers for a period that included the peak Easter holiday weekend.
Camp back after pandemic pause
FORT Charlotte Constituency’s 21st Summer Camp officially kicked off yesterday after a two-year hiatus due to the COVID- 19 pandemic.
Binding us together
HOW fitting that the United States hosted the Ninth Summit of the Americas “this past June”, when we celebrate Caribbean American Heritage month.
Two men accused of rape, burglary and armed robbery
TWO young men were charged with burglary, armed robbery and rape, among other offences, in the Freeport Magistrate’s Court yesterday afternoon.
Suspect in court over killing of murder accused
A MAN was remanded to the Bahamas Department of Correctional Services yesterday in connection with the death of an accused murderer.
Man threatened with imitation gun
A MAN was placed on a conditional discharge yesterday for threatening another man with an imitation gun.
Bahamas suffers loss to Dominican Republic
SENIOR MEN’S NATIONAL BASKETBALL TEAM IN FIBA WORLD CUP 2023 AMERICAS QUALIFIERS
Chavano “Buddy” Hield put on a show playing in front of the home crowd for the first time as a pro, but a fourth quarter rally from Team Bahamas fell just short as they lost the final game in the third window of FIBA World Cup 2023 Americas Qualifying opening round play.
Mackey named assistant men’s basketball coach
NASHAD Mackey continues to progress in the coaching ranks and was appointed to a new post at his alma mater. The former national team standout was named the assistant men’s basketball coach for the Daytona State Falcons. He joins head coach Joey Cantens’ staff that led the Falcons to a 13-19 record last season in NJCAA Division I - Region Eight play.
Collateral Registry to ease 231% loan security burden
The Central Bank has unveiled plans for an Internet-based collateral registry that will ease Bahamian small business access to funding in a market where the security demanded is often more than three times’ the loan amount.
Agriculture non-profit supports food efforts
AS Bahamian families continue to grapple with the increasing cost of living, a leading agriculture-focused non-profit has thrown its support behind recent calls for greater efforts to improve food security in The Bahamas.
OTABOR WINS GOLD IN JAVELIN: Team Bahamas nets three silver medals
The Bahamas will return home from the inaugural Caribbean Games in Baie-Mahault, Guadeloupe, with a total of four medals, inclusive of a gold from strongwoman Rhema Otabor and three silver from quarter-miler Megan Moss, hurdler Oscar Smith and judoka Daniel Strachan.
Bahamas senior men’s national basketball team sweeps USVI
THE Bahamas senior men’s national basketball team completed a sweep over the US Virgin Islands and advanced to the second round of FIBA World Cup 2023 Americas Qualifiers.
