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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.

‘Creatures of evolution’: Digital firm to top $130m

A Bahamian digital payments provider yesterday predicted it will this year “top” the $130m worth of transactions it settled in 2021, and said of this shift: “This is not going to be the norm; it is the norm.”

Five weeks of rising COVID cases in region

FOR the past five consecutive weeks the Caribbean has experienced a rise in new COVID-19 infections, according to Pan American Health Organisation Director Dr Carissa Etienne yesterday.

Family tree chopped down by the rules

This will come as a shock to all members of Ancestry DNA, who are involved in building family trees.

Knowles hits 2nd walkoff in a week

FOR the second time in the series against the Stockton Ports, D’Shawn Knowles delivered late-game heroics and another walk-off win for the Inland Empire 66ers.

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.

‘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.”

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.

$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.

Gas stations hope for industry ‘modernising’

Gas station dealers are hoping the Government will either agree to a margin increase or “modernising” the industry’s structure, with a solution agreed before the 2022-2023 Budget is unveiled in just over three weeks’ time.

IAN FERGUSON: The advantages to buying Bahamian

The Bahamas presently imports more than $5.5bn in goods and services annually. Over 94 percent of our food is imported from the US and our other trading partners. For many years we have lamented these statistics, but have not made significant strides towards changing this reality.

Armando Moss qualifies for triathlon ahead of the Commonwealth Games

A RAINY weekend in New Providence held up just long enough for the Bahamas Triathlon Association to crown new champions in the return of its National Championships which served as both a CARIFTA and Commonwealth Games qualifier.

Bahamians receive postseason honours

A GROUP of Bahamian players played a prominent role on the Tallulah Falls varsity boys’ baseball programme and were recognised with postseason awards for their outstanding 2022 season.

Jonquel Jones leads the Sun to preseason victory

IN her return to the WNBA, Jonquel Jones showed flashes of the dominance expected to come this season for the Connecticut Sun.

New Providence or New Orleans?

I saw Twitter images of severe flooding throughout parts of New Providence over the weekend. I believe it was a meteorologist who told either The Nassau Guardian or The Tribune that the severe flooding caused by torrential rains was a hurricane drill for New Providence residents. As a resident of Grand Bahama who lived through Hurricanes Francis, Jeanne, Matthew and Dorian, I want Nassau residents to understand that the recent flooding in their communities is nothing compared to the flooding the aforementioned cyclones brought to our island.

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