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Opening of bank branch ‘milestone’ to serve Bahamians

THE BANK of The Bahamas held the grand opening of its John F Kennedy branch yesterday - with Prime Minister Philip Davis saying the “milestone” was a testament to the bank’s commitment to serving the Bahamian people.

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Three accused of carjack and kidnap

THREE men were remanded to prison yesterday in connection with a recent armed carjacking when a man was kidnapped and had $1,130 stolen from him.

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Red Cross ball returns - and aims to double income

THE Bahamas Red Cross Society is looking to double its proceeds for this year’s ball after two years without its largest fundraiser and the organisation encouraging the public to support.

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STATESIDE: Predicting the future as 2024 race begins to build

JUST about two years ago, there was a forecast in this space as to how the 2022 US Senate races would unfold.

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FTX lawyers apply for creditors stay

FTX’s Chapter 11 lawyers applied for a motion for the enforcement of an automatic stay from creditors in FTX proceedings due to shuffling of funds days prior to the chapter 11 filing, new court filings state.

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Court filing sheds light on FTX fund transfers

FTX’s Chapter 11 lawyers applyed for a motion for the enforcement of an automatic stay from creditors in FTX proceedings due to shuffling of funds days prior to the chapter 11 filing, new court filings state.

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Psychological test for theft accused

A MAN was ordered to have psychological evaluation after being sent to prison on a shop-breaking charge.

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$30,000 donation to support Junkanoo from KFC

YOUTH, Sports and Culture Minister Mario Bowleg said the upcoming Junkanoo parade, which is completely sold out, will be “finger licking good” due to a $30,000 donation from Kentucky Fried Chicken yesterday.

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Ayton has double double, Suns roll past Lakers 130-104

PHOENIX (AP) — Chris Paul scored a season-high 28 points, Deandre Ayton added 21 points and 11 rebounds and the Phoenix Suns rolled past the Los Angeles Lakers 130-104 last night.

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Bahamian sport honours

Lately, there have been numerous conversations in the press and elsewhere with regards to persons being awarded the Hall of Fame designation, and some being additionally included in the Legends Walk. In my opinion, all the inductees are deserving, some more than others. However, I am immensely surprised and somewhat shocked at some obvious omissions, or delays as I am now being advised.

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Congresswoman hopes arrest will see Bankman-Fried held accountable

UNITED States Congresswoman Maxine Waters expressed hope that former FTX CEO Sam Bankman- Fried’s arrest and arraignment will signal him being held accountable for the alleged “fraud” he committed leading to the giant crypto exchange firm’s disgraceful fall, affecting as many as one million people.

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Three more athletes added to Walk of Fame

WORLD and Olympic champions Shaunae Miller- Uibo and Steven Gardiner and their World Relays’ mixed relay gold medal teammate Anthonique Strachan were the latest athletes added to the Ministry of Youth, Sports and Culture’s Legends Walk of Fame.

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Lessons learned

ActivTrades

The collapse of the FTX crypto exchange, and the controversy swirling around its founder, Sam Bankman-Fried (SBF), have plunged the crypto market into an existential crisis.

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STATESIDE: Trump and McConnell were both right

DONALD Trump was correct. Mitch McConnell was also correct.

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INSIGHT: Fyre, FTX and the harm to our nation

A YOUNG entrepreneur, out of his depth, losing a ton of money and injuring the reputation of The Bahamas along the way. I could be talking about Sam Bankman-Fried, whose company FTX has combusted so spectacularly in the past week or so – and I will – but let’s take a trip to the past first.

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‘Don’t build financial services on crypto’

FTX’s collapse into provisional liquidation is a warning that The Bahamas should “not build the whole financial services recovery” on digital assets, a prominent Bahamian accountant said yesterday.

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‘Drunk teenager guilty of disorderly behaviour

A TEENAGER who behaved in a disorderly manner and cursed at police because he claimed he was drunk was yesterday ordered to be of good behaviour.

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STATESIDE: Political violence in the US

T HE stunning home invasion and severe wounding of American House of Representatives speaker Nancy Pelosi’s husband Paul last week proved that the U.S. can still shock itself. The assailant’s background and the awful response to the attack by Republicans who should know better are noteworthy for their discouraging revelations about current American society. More on that a bit later.

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Not guilty plea to vehicular manslaughter charge

A WOMAN pleaded not guilty in the Supreme Court on Friday to vehicular manslaughter in relation to a traffic fatality that occurred on JFK Drive in February.

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FRONT PORCH: Events, dear boy, events!

THERE is a rejoinder, allegedly made by British Prime Minister Harold Macmillan when asked what was among the greatest challenges he faced as a political leader. The alleged response: “Events, dear boy, events,” has never been fully authenticated, though it has been widely reported.