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HUBERT EDWARDS: The low growth, high debt trap

In the first article we assessed some of the consequences from a high, and growing, national debt. With The Bahamas’ debt-to-GDP ratio expected to remain above 80 percent over the mid-term at least, the question that dominates is the extent to which this is sustainable.

IMF urges Bahamas to stick to 50 percent debt ceiling

The International Monetary Fund has urged The Bahamas to keep to the 50 percent debt ceiling passed in 2018.

D’Shawn Knowles’ RBI single lifts his team to 9-8 win

A PERFECT night for D’Shawn Knowles came complete with a storybook ending - a walk-off hit in extra innings.

EDITORIAL: A deal that’s been a long time coming

THE announcement of the buyer for the Grand Lucayan Resort has been long coming.

Work permit clampdown in restaurants, construction

LABOUR Director Robert Farquharson says his department has denied labour certificates in all restaurant manager applications and in the vast majority of applications for construction site supervisors and project managers since September, preventing the applicants from getting work permits.

Suns finish off Pelicans in Game 6

NEW ORLEANS (AP) — Chris Paul has accomplished so many things in his 17 NBA seasons that it's nearly impossible to rank his Mount Rushmore moments.

Delancy named SIAC player of the year

IN what has been an impressive debut season with the Benedict College Tigers men’s volleyball team, Bahamian Ras Jesse Delancy was named the Southern Intercollegiate Athletic Conference (SIAC) Player of the Year.

EDITORIAL: Resisting temptation to break the law

THERE was quite a startling admission from Environment Minister Vaughn Miller yesterday.

Reform pensions now - or elderly will be left with nothing

The International Monetary Fund warns that a “significant” share of the elderly would be without pensions if reform to the pension system is not dealt with immediately.

‘We are going to have to play together’

Deandre Ayton looks ahead to game 6 against Mavericks

The Phoenix Suns have an opportunity to clinch a second consecutive berth to the Western Conference Finals but Deandre Ayton said he expects tonight’s game six matchup to be one of the toughest in the series.

$10M IN FUNDING ‘VANISHED’: Prime Minister claims NGOs have not submitted accounts

PRIME Minister Philip “Brave” Davis said two non-governmental organisations have not submitted records to give an account of the combined more than $10m they received from the former Minnis administration under its national food programme.

Highest US COVID rating ‘paves way’ for test ease

A senior hotelier yesterday voiced optimism that The Bahamas’ achievement in attaining the highest-possible COVID rating with US health regulators “paves the way” for both to review the testing protocols required to enter their nations.

Agreement for $100m sale of Grand Lucayan Resort

ELECTRA America Hospitality Group has made a $100M purchase offer for the Grand Lucayan Resort at Grand Bahama.

‘Lord knows’ Freeport requires tourism scale

An ex-tourism minister yesterday voiced optimism that the Grand Lucayan’s sale will be the “catalyst” that builds scale by luring other resort developers to Freeport, adding: “Lord knows Grand Bahama needs it.”

Disney triples construction workforce promise to 300

Disney Cruise Line yesterday revealed it is near-tripling the number of construction jobs created by its Lighthouse Point project to 300 amid hopes that Eleuthera can attract up to $1bn in total investment over the next decade.

PM renews assault on COVID food initiative

The Prime Minister yesterday renewed his assault on “astounding” deficiencies with the COVID-19 food assistance initiative even though a 138-page audit report produced no evidence of corruption, fraud or misappropriation of funds.

Fredrick King Jr commits to Bluejays

Just over one month after he reopened his recruiting process, Fredrick King Jr committed to the Creighton Bluejays and will head to the Big East to begin his collegiate basketball career.

Taylor Industries staff gain 33% of severance

Forty-one former staff of now-defunct Taylor Industries will receive just 33 percent of the total termination pay and benefits owed to them in what the company’s liquidator defended as “a relatively positive outcome”.

190 years in jail for man who killed mother of former Bahamas ambassador Avant

A PAROLEE who murdered 81-year-old philanthropist Jacqueline Avant, the wife of a legendary music executive, was sentenced Tuesday to 190 years in a California prison.

Sands: Poor sacrificed ‘on tax efficiency altar’

The FNM’s chairman yesterday accused the Government of driving more Bahamian families into poverty, and sacrificing them “on the altar of tax efficiency”, by refusing to eliminate VAT on medicines and breadbasket foods.

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