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FTX Bahamas demanding $9.15bn from US affiliates
FTX’s Bahamian liquidators are seeking to recover a total $9.15bn from the crypto exchange’s US entities with some 84 percent of this sum involving assets that were “misappropriated” prior to its late 2022 collapse.
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Almost 1m referrals to Nassau/PI hotels
A senior Bahamian tourism executive yesterday said Nassau/Paradise Island has recovered to 97 percent of pre-COVID business volumes by March 2023 with airlift capacity up by double digits for the year-to-date.
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CB Giants tie series, YES Giants go up 2-0 in NPBA Championship
THE New Providence Basketball Association (NPBA) division one and two championships are in full swing and action is already starting to heat up.
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Central Bank ease ‘won’t open mortgage avenue’
The Central Bank’s recently-unveiled regulatory easing is unlikely to “open up a new avenue of mortgages” being issued to Bahamian home buyers, a senior banker said yesterday.
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Bahamas youth flag football season begins on August 26
THE Bahamas Youth Flag Football League (BYFFL) season is scheduled to begin next week Saturday.
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‘CANNABIS DRAFT BILL INADEQUATE’: Rastafarian community dissatisfied with location limit for religious use
THE Rastafarian community is not satisfied with the Davis administration’s proposal for legalising cannabis for religious purposes, calling the draft bills inadequate.
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Murder count at 80 as Man shot dead on Malcolm Road
THE country’s murder count, according to The Tribune’s records, rose to 80 after a man was fatally shot yesterday.
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Fair to be held for Canadian schools
REPRESENTATIVES from 13 top Canadian boarding schools will be holding a school fair on Thursday at the Sandyport Beach Resort from 5-9pm.
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CARIFTA water polo gold, bronze
Bahamas under-14 co-ed team bringing home the medals
With some highly- spirited performances, the Bahamas under-14 co-ed water polo team captured a gold and bronze medal at the CARIFTA Championships over the weekend in Miami, Florida.
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Plane used for mail flights to Bahamas has a grisly history
A TURBOPROP plane once used to deliver mail to The Bahamas from Florida has been revealed to have had a grisly history – with political detainees in Argentina having been thrown from the vehicle to their deaths during the country’s 1976-98 military dictatorship.
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'White hot' Cable Beach development 85% sold
A high-rise Cable Beach development was yesterday branded "white hot" with 85 percent of its first-phase units already sold even though its construction will only be completed in 2024.
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Skippers celebrate victory
THE 54th annual Long Island Regatta came to a close on Saturday in Salt Pond, Long Island, with the New Legend, New Susan Chase and Sassi Sue all emerging as the divisional winners.
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Bahamas ‘prioritises’ debt servicing over its people
The Bahamas has reached a point where the Government is prioritising interest payments on its $11.645bn national over services to its people, an investment analyst argued yesterday.
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Food prices to ‘never return to pre-COVID’
The Retail Grocers Association’s president yesterday warned Bahamians that food prices will not return to pre-COVID levels and said: “The cost of operations is increasing all over the world.”
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Honouring retirees
THE Ministry of Education has honoured 80 retirees who dedicated between ten and 40 years of service.
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FRONT PORCH: The virtue of a life-long pursuit of personal growth and wisdom
In 1941, in his early 70s, after an extraordinary career and a dozen years before his death at 84, the brilliant French artist Henri Matisse underwent surgery following a diagnosis of abdominal cancer. He was left bed- and chair-ridden. Sculpturing and painting were now too physically challenging.
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Total visitor arrivals up 30% though stopovers still trail
The Ministry of Tourism's top official yesterday said total visitor arrivals to The Bahamas are 30 percent ahead of their pre-COVID record through to end-July although stopover visitors are still trailing slightly.
