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FTX Bahamian liquidators eye US legal ‘run rate’ fall
FTX’s Bahamian liquidators are hoping the legal fees “run rate” drops sharply due to the settlement with their US counterpart after incurring an estimated $56m total bill during their first 15 months of work.
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Easter weekend proves profitable for fishermen, but not without problems
FISHERMEN said sales during the Easter holiday weekend proved to be profitable, but noted that bad weather and increased fees affected their business.
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Sports calendar
FAMILY and friends of the late Ray Minus Jr are scheduled to hold a Ray Minus Jr Day on Saturday.
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IDB: Bahamas Internet costs, speed miss mark
Broadband Internet costs and speeds represent potential barriers to The Bahamas embracing the digital economy and improved competitiveness, a multilateral lender has warned.
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GoFundMe seeks to help family after murder of former MP Saunders
THE FAMILY of Don Saunders is seeking to raise over $300,000 to pay off his housing debts and support his grieving wife and teenage children.
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INSIGHT: How long until we feel govt’s spending?
THE pockets of the people have been hit with quite a toll in recent weeks. It would be nice if we could see government reining in spending to ease the pain.
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‘Stress’ will stop business from joining apprenticeship scheme
THE private sector is dealing with too much “stress” to participate in the National Apprenticeship Programme, said former Prime Minister Dr Hubert Minnis yesterday.
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One in four women victims of violence
A SIGNIFICANT Gender-Based Violence study found that one in four women in The Bahamas had suffered physical or sexual violence in their life, with survivors lamenting the challenges with accessing healthcare, law enforcement and social services in the country.
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Bahamian traditions soon to end
AROUND 8pm on a rainy night in April some 60 years ago, sitting in the dining room of one Charlie Major, whom I regarded as the finest athlete in the history of The Bahamas.
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PM: Lawyers to meet as GB deadline looms
TENSIONS between the Grand Bahama Port Authority and the Davis administration continue to brew as the deadline for the former to pay the government $357m or face arbitration proceedings nears, with Prime Minister Philip “Brave” Davis saying the promises of Grand Bahama will remain unfulfilled without a paradigm shift.
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FNM: How are health funds being spent?
FORMER Health Minister Dr Duane Sands has called for greater transparency surrounding the government’s catastrophic healthcare fund, about which little has been said even though it was a significant policy initiative of the Davis administration.
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PM dismisses concern GBPA dispute will undermine investor confidence
PRIME Minister Philip “Brave” Davis dismissed concerns that the government’s dispute with the Grand Bahama Port Authority (GBPA) undermines investor confidence and suggested that investors already lacked interest in the island.
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Soaring boat insurance ‘huge cost’ to Bahamas
ASTRONOMICAL boat insurance costs are having a “huge” impact on Family Island hotels and marinas through shortening the tourism season by a month and leaving many “empty” over the summer.
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Mishandled messaging and a lack of listening
WHEN it comes to politics, I keep my own counsel over who I vote for.
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PI entrepreneur: ‘Brown envelope backs my case’
The Bahamian entrepreneur seeking to restore Paradise Island’s lighthouse presented the Court of Appeal with fresh evidence he asserted proves there was a binding lease agreement with the Government.
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‘Mind-boggling’ timing over Gov’ts $357m GBPA claim
A FREEPORT attorney yesterday asserted it was “mind-boggling” that the Government should again “throw darts” at the Grand Bahama Port Authority (GBPA) given the island’s $2bn investment pipeline.
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Church owns 60 properties but ‘can’t pay’ $776k award
A Freeport church asserted it would be “totally compromised” if its bank deposits were seized to satisfy a $776,000 judgment despite owning a 60-strong, mortgage-free real estate portfolio.
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Gov’t boost from moody’s $44m deficit miss forecast
MOODY'S has given the Government’s fiscal consolidation campaign a major boost by predicting that this year’s fiscal deficit will only narrowly overshoot its target by $44m.
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Dealers: Used car sales up 30% with ‘level playing field’
AUTO dealers yesterday argued they could increase their used car sales by up to 30 percent if the authorities enforce a competitive ‘level playing field’ with roadside vendor rivals.
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Bahamian aviation chief in $2m FTX settlement
A Bahamian aviation entrepreneur and his firm have secured a $2m settlement with the US Justice Department and FTX's US chief to resolve the fate of the crypto exchange's two aircraft.
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