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Halkitis says govt monitoring oil production cuts in Saudi Arabia
ECONOMIC Affairs Minister Michael Halkitis said the government is monitoring global oil production amid reports that Saudi Arabia would cut daily oil output by one million barrels in July.
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$10b lawsuit by Mexico to hold gun makers accountable for weapon trafficking revived
A US appeals court on Monday revived a $10 billion lawsuit by Mexico seeking to hold American gun manufacturers responsible for facilitating the trafficking of weapons to drug cartels across the US-Mexico border, according to Reuters.
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New hope
ActivTrades
The averted US debt default, and positive data from the American jobs market, put international investors in a buying mood. In Germany, the Dax index jumped over the 16,000 point mark last Friday. Wall Street also closed higher.
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Gangs in Haiti
Members of gangs are loyal to their clan and organisation often seen as a family. They will do anything for their family, no matter how brutal, fiendish and horrifying it may be.
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It’s a new beginning for our Bahamas
A letter to Bahamaland:
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As gas prices rise, retailers 'can't contain this anymore'
The Bahamas Petroleum Retailers Association's (BPRA) president, Raymond Jones, said production cuts in the Organization of the Petroleum Exporting Countries (OPEC) are behind the rise in prices at the pump, which he said underscores the need for a margin increase for retailers as they “can’t contain this anymore".
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‘Nothing to lose’ on 5% corporate tax
A Bahamian financial services provider yesterday argued that this nation should smash “conformity” by adopting a low-rate 5 percent corporate income tax, asserting: “We have nothing to lose.”
