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Minister says Bill not removing ‘bread out of farmers’ mouths’
A Cabinet minister yesterday asserted that agricultural-related legislation accompanying the 2023-2024 Budget was being “misinterpreted” amid charges that it is threatening to “take bread out of farmers’ mouths”.
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DIANE PHILLIPS: It’s our problem. We’re the solution – Safe Bahamas made us all part of the picture, no one escaped responsibility
Crime is not someone else’s problem. It is ours. All of us.
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Town Planning rejected Lyford Cay condo advice
Lyford Cay residents will today bid to block a controversial condo project, which speculation previously linked to FTX, after planning authorities approved the doubling of its height beyond that recommended by their technical advisers.
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Nygard scuttled $10m Bay Street wharf sale
Peter Nygard scuttled the $10m sale of a prominent Bay Street property that could play a vital role in downtown Nassau’s rebirth, a Supreme Court judge has revealed.
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ArawakX won’t give top investor his 22%
The Bahamas’ first-ever crowd-funding platform plans to bar its largest investor from taking a 22 percent equity stake in the business following the fall-out that triggered its present regulatory woes.
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Attorney loses appeal on ‘forged’ bank drafts
A Bahamian attorney yesterday failed to overturn the rejection of his “gross negligence” claim against Scotiabank (Bahamas) after two “fraudulent” bank drafts left his account overdrawn by $165,000.
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DIANE PHILLIPS: Has Brave gained from lack of a knockout Punch?
OCTOBER 7 will mark two years since the final edition of The Punch was published. The building where jaw-dropping stories that had the power to change the course of local history were created appears empty. There is little talk now, as there was in the beginning, of trying to revive the tabloid that Bahamians loved or hated but read with equal voraciousness for the often-scathing, if uncomfortable truths or accusations that came within a millisecond of libel against the rich and mighty. There were those who looked around for another Ivan Johnson, the fearless publisher who became a bi-weekly stalking watchdog for a nation, but even a group could not muster up the doggedness with which Ivan Johnson approached Page 1 or the appetite for scandal and truth that seeded his editorial.
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FTX’s Bahamas attorney quiet on $1m ‘bonus’ claim
FTX’s Bahamas attorney yesterday declined to comment on allegations that a “former Bahamian government official” was offered a $1m “bonus” if they could expedite obtaining the necessary licences to operate from this nation.
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Funeral chief’s partial win in stolen auto loan battle
A funeral home principal has won a partial victory in her legal appeal over a case where Bank of The Bahamas extended a combined $74,000 in auto loans despite knowing one vehicle was stolen.
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ArawakX full wind-up sealed without a fight
THE Bahamas’ first-ever crowd funding platform’s fate was yesterday sealed without a fight after its former principals effectively consented to its liquidation amid claims of a near-$4m insolvency.
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Nassau Gas chief pledges to fully refund all investors
A Bahamian company that raised equity capital through the collapsed ArawakX platform has pledged to return all funds to investors once they are verified, its principal saying: "I want to get out of this mess."
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Top ArawakX investor ‘seriously prejudiced’ over BOB unfreezing
ArawakX’s largest investor has moved to intervene in its dispute with Bank of The Bahamas by alleging that the two sides’ agreement to unfreeze the crowd-funding platform’s accounts “seriously prejudices” his interests.
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Baha Mar contractor denies $2.4m ‘bribe or conspiracy’
ATTORNEYS for Baha Mar’s main contractor dismissed claims that $2.4m paid to a company run by the son of Perry Christie’s senior adviser represented “a bribe or conspiracy” to influence the then-government.
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STATESIDE: US rival tensions continue to build as China’s recent affair with Cuba taking centre stage
“The Cuban Missile Crisis of October 1962 was a direct and dangerous confrontation between the United States and the Soviet Union during the Cold War and was the moment when the two superpowers came closest to nuclear conflict,” according to the US State Department’s historical office.
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FTX prosecutors push for tougher sentence
US prosecutors are exploiting the $426m transfer of digital assets to the safekeeping of Bahamian regulators to press for a harsher prison sentence for FTX founder Sam Bankman-Fried.
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STATESIDE: While GOP indecisive on Speaker, would a coalition option even be considered?
EVERY morning for the past three weeks has brought with it news reports of a different potential solution to a paralysing problem that has rendered inoperative the American legislature.
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Conflicting rights: The accused versus society
SADLY, in the last few weeks, New Providence has become the scene of senseless violence, and more disturbingly, this violence has touched women and children caught-up in the culture of violence, and the crossfire.
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STATESIDE: Too early to pick from a crowded field of alternatives should Trump falter
ALL the talk these days is about an election still 15 tortuous months away in the future. There’s breaking news out of Iowa, where the numerous Republican also-rans were scrambling to gain some traction – any traction – ahead of last evening’s first GOP debate of this endless political season and the looming first-in-the-nation Iowa caucuses scheduled for January 15.
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‘Keep faucet open’ govt urged as real estate triples
The Government was yesterday urged to “keep the faucet open”, and not tinker with real estate taxes and regulation in the upcoming Budget, as contracted property sales more than tripled year-over-year.
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STATESIDE: War and ideology
THE lounge, a finger of whiskey still floating one ice cube in the cut glass tumbler resting on the side table next to his favorite arm chair. Several friends sat in a loose circle, arranged on comfortable hard chairs so he could see and respond to each. One of the professor’s oldest acquaintances spoke up.
