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Stocks and wars
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“BUY when the cannons roar. Sell when the violins are playing.” This stock market wisdom comes from Carl Mayer von Rothschild (1788-1855), partner in the Frankfurt banking and trading house, M.A. Rothschild & Sons. “Be fearful when others are greedy and be greedy when others are fearful,” Warren Buffett also said.
Households in poverty grow 83% in 4 years
Bahamian households living below the $5,000 poverty line increased by 83 per cent between 2007 and 2011, an Inter-American Development Bank (IDB) report warning that “dramatic income deterioration” has driven this number well above 5,000.
Labour chief dismisses ‘ultra vires’ concerns on law amendments
The Director of Labour yesterday said there was “no basis” to the Chamber of Commerce’s assertion that the labour law reforms were “ultra vires” because they had not been unanimously approved by all National Tripartite Council (NTC) members.
Breezes High Flyers one game from championship
THE Division II defending champions are a game away from repeating as champions while the Division I series went in the opposite direction and is a game away from being all tied up.
NPBA: UB Mingoes, Elite make it to the win column
THE University of the Bahamas Mingoes and the Basden Elevator Elite won their games in the New Providence Basketball Association’s double header at the AF Adderley Gymnasium on Monday night.
PI beach access closed for $250m condo-hotel plan
The Ocean Club’s owner last night said it had closed a popular access route to Paradise Island’s Cabbage Beach out of “safety concerns” as it prepares to begin construction on a $250m condominium-hotel project.
Officials advise against eating raw conch
Vendors given training on how to prevent contamination
A MONTH after suspected conch poisoning cases were first reported, Bahamas Agricultural Health and Food Safety Authority (BAHFSA) officials said investigations are ongoing and noted the advice is still to avoid raw conch.
UNION LEADERS SIGN UP TO PLP: Party pledges it will resolve issues and raise minimum wage
UNION leaders representing more than 200,000 workers in The Bahamas yesterday rejoiced in the possibility of the Progressive Liberal Party becoming the next government following the impending general election.
Buddy on rising stars roster for 2nd straight year
MIAMI, Florida — For the second consecutive year, Buddy Hield has an opportunity to represent his franchise and the Bahamas during NBA All-Star Weekend.
'Desperation' sparks $20m loan rethink
Growing “desperation” among his small business clients has prompted many of them into a rethink when it comes to applying for government assistance, a consultant has revealed. Mark A Turnquest, of Mark A Turnquest Consulting, told Tribune Business t
GB enthusiastic over Grand Lucayan deal
The Grand Lucayan resort’s sale has brought renewed confidence and optimism to Grand Bahama’s struggling business community, which had been awaiting Monday’s deal completion for months. Greg LaRoda, the Grand Bahama Chamber of Commerce president, sa
Crystal Palace to be demolished on Monday
THE former Crystal Palace resort and casino will be demolished on Monday.
The importance of understanding blood pressure - know your numbers
Are you suffering from high blood pressure? In the Bahamas, it’s an epidemic silent killer. A 2006 healthy lifestyle initiative led by the government noted that approximately 21 percent of the Bahamian populace had hypertension. And according to a 2012 PAHO report, the number one cause of death in the Bahamas between 2006 and 2009 was related to hypertensive disease with 688 deaths.
OIL EXPLORER UNVEILS 'BAHAMIANISE' PLAN
By NEIL HARTNELL Tribune Business Editor A Bahamas-based oil exploration company's Environmental Impact Assessment (EIA) is expected to be released for public consultation on January 23 next year, the company also unveiling plans to "Bahamianise" through
97 new cases of COVID-19 reported on Thursday
The Ministry of Health reported that there were 97 new cases of COVID-19 on Thursday, with two more deaths under investigation.
Giants stop the Stingers
WHILE the Patron Regulators have booked their ticket into the New Providence Basketball Association championship series, they have to wait on the outcome of the Commonwealth Bank Giants and PJ Stingers to determine who their opponents will be.
Sand Dollar rout Zulu Media 96-64, Cyber Tech top Mekaddish Millionaires 82-80
THE New Providence Basketball Association continued its regular season action at the AF Adderley Gymnasium on Wednesday night.
BTC broke law on exclusive phone card agreements
The Bahamas Telecommunications Company (BTC) was yesterday fined $243,442 after regulators determined its ‘exclusive’ phone card supply agreements broke the law, excluding rivals from up to 60 per cent of the market.
Flying colours
One last day of competition stands between the St Augustine’s College Big Red Machine and the high school’s 25th consecutive BAISS Track and Field championship title.
