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Deliverance from a terrible catastrophe
MARK Twain wrote a story called “The Great Catastrophe”. It concerns a group of people who get trapped in a tragic situation. They are doomed to die. They have no way to escape. They are, indeed, on the verge of a terrible catastrophe.
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PETER YOUNG: Local elections send message to political leaders
HAVING read an interesting letter recently in The Tribune by Maurice Tynes entitled “Modernising our nation” in which he advocated introduction of community or local government in New Providence, I thought it might be interesting in today’s column to write about last week’s regional and local government elections in Britain and the effect on the wider political situation in the country.
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Cases dating back to 2020 add nine more COVID deaths
COVID-19 deaths have risen by nine to 798 after a woman died of the disease in early April and health officials reclassified several other deaths that took place between August 2020 and June 2021.
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Bahamas urged: Target 80% in next aviation safety audit
The Bahamas must target a “high 70s-80 percent score” on its next aviation safety audit and match the world’s best, an attorney said yesterday, adding: “We’ve made great strides in a short span of time.”
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‘No more blight’ on Rum Cay’s revival
A Supreme Court judge says it is “difficult to digest” that the Prime Minister’s Office would assert a 15-acre Rum Cay land parcel was Crown Land when this totally contradicted evidence from the Government’s own surveyors.
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Judge: ‘Difficult to digest’ Gov’ts Rum Cay claims
A Supreme Court judge says it is “difficult to digest” that the Prime Minister’s Office would assert a 15-acre Rum Cay land parcel was Crown Land when this totally contradicted evidence from the Government’s own surveyors.
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Ayton and Suns take 2-0 lead
PHOENIX (AP) — Chris Paul scored 28 points, including 14 in another spectacular fourth quarter, to lead the Phoenix Suns over the Dallas Mavericks 129-109 last night for a 2-0 lead in the Western Conference semifinals.
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‘Hope and pray’: Food, energy cost hike may last three years
Bahamians were yesterday urged to “hope and pray” that the World Bank’s forecast of high food and energy costs lasting three years does not come true, with cooking oil and other staples increasing by up to 80 percent in recent months.
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‘Entrenched reduction?’: Bad loans down $22m
The Central Bank is “holding off” in determining whether COVID-related loan delinquencies have peaked despite a $22.4m reduction in non-performing credit during the 2022 first quarter, its governor revealed yesterday.
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Delinquent mortgage buyer gives insurer $8m ‘windfall’
A Bahamian insurer yesterday said it is targeting a 15 percent profit increase for 2022 once the $8m “one-off windfall” it enjoyed last year from its investment in a delinquent mortgage buyer is stripped out.
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BISX-listed Fund ‘stabilises’ with commitments for $8m
The BISX-listed Bahamas Property Fund has “stabilised” occupancies and rental rates at its flagship property “for the first time” in almost a decade amid expectations its current $8m capital raise will be fully subscribed.
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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.
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Warning as container costs to double
Businesses should brace for a 100 percent increase in container costs for the summer due to the Russia and Ukraine war.
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Tyler Pinder commits to Redlands Community College Cougars
JUNIOR national basketball team standout Tyler Pinder will begin his athletic and academic collegiate career with the Redlands Community College Cougars.
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What Next for Cryptos?
ActivTrades
As the era of cheap money comes to an end, so do the conditions that propelled the price of Bitcoin and other crypto assets to the dizzying highs reached at the end of last year. At the time of writing, Bitcoin was trading just above $27,000, a drop of more than 60 percent from all-time maximum of almost $69,000 touched last November.
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Back with a win as Isaacs Jr rejoins New Jersey Jackals
TODD Isaacs Jr returned to the New Jersey Jackals for his second season with the club in the Frontier League and helped the team to a series opening win to begin their 25th campaign as a franchise.
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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.
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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.
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EDITORIAL: A deal that’s been a long time coming
THE announcement of the buyer for the Grand Lucayan Resort has been long coming.
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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.
