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BAHAMAS JOINS LAWSUIT DEMANDING US GUN MAKERS ‘PAY UP $10BN’: Case holds manufacturers accountable for harm caused by their products
THE Bahamas has joined a $10bn lawsuit to hold US gun manufacturers to account for the spread of firearms throughout the region, Prime Minister Philip “Brave” Davis said last night.
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Children in poverty
“Suffer The Little Children to come unto Me, for of such is the Kingdom of Heaven.”
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Debt jumps $256m on IMF rights borrowings
Much of the $256.2m increase in the national debt during the six months to end-December was driven by the Government’s “use” of $232.3m in IMF special drawing rights (SDRs), it has been revealed.
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Age and climate change - the real time machine
AGE/AGEING is the real time machine, created by God Himself and not by man’s ingenuity. Like climate change, to which I am a recent and reluctant adherent, age and aging are real phenomena.
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Market outlook for 2023
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THIS year has been a fertile one for market volatility. After decades of relative price stability, inflation returned with a vengeance, forcing a policy shift by developed country central banks and triggering interest rate hikes around the world.
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Timeless Gold
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THE fact that gold prices have been subdued over the past year must be one of the most counterintuitive financial market dynamics of recent times. The precious metal is known as a safe haven, and a hedge against rising inflation. We certainly have had plenty of both recently, so why are gold prices down by more than 15 percent in relation to the yearly maximum reached in March? The answer is relatively straightforward: Blame the US dollar.
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Corporal punishment
“Corporal punishment is not abuse”, says Bishop. The Tribune featured a story, “Corporal punishment is not abuse” says Bishop. Where is the Tribune trying to lead us? The newspaper presents some strong statistics, such as 90% of Bahamians identify as being Christians. From a social point of view, it seems we are truly failing as a nation.
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Rise and fall
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It has been a few busy weeks in the Forex (foreign exchange) markets. On Thursday, the reaction of the markets was unequivocal, and we saw a certain ruthlessness when UK prime minister, Liz Truss, had barely announced her resignation before the pound sterling was appreciating again. The 30-year UK government bond yield fell nine basis points, which means investors are now viewing those securities as less risky once again.
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Solution to the teachers problem
The Ministry of Education is facing a dire need of new teachers for growing classrooms. Our learning institutions are lacking the experience necessary to propel our students into the next level of tertiary discipline after graduation.
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FNM deputy calls for govt strategy on bail issue
FREE National Movement deputy leader Shanendon Cartwright has urged the government to come up with a strategy to address the issue of bail as the number of murders in the country continues to climb.
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Down to work on legislative agenda
THE Davis administration intends to advance several pieces of legislation over the next six to nine months, including laws addressing finance reform, citizenship issues and medicinal marijuana regulations.
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HUBERT EDWARDS: The future of debt
AS well thinking individuals, we are routing for the success of the country.
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ALICIA WALLACE: Free in name - but what does it really mean for individuals and society?
EVERY year, we celebrate Emancipation Day, often referred to as August Monday. In a statement released on Monday, Niambi Hall Campbell- Dean, PhD, Chair of the Bahamas National Reparations Committee acknowledged there are varying ideas about the meaning of “freedom” and how it is (not) realized and embodied.
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‘Patronising’ Medical Council move caused family break-up
A Supreme Court judge has slammed the Bahamas Medical Council’s “dismissive and patronising” approach to rejecting an expatriate doctor’s bid to be licensed as a radiology specialist - a decision that forced her family to split-up.
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Cut $11.8bn debt ‘absolutely’ amid growing distress fears
The Bahamas must slash its $11.843bn national debt in “absolute” terms, a top banker urged yesterday, after this nation was named among ten countries whose bonds are now trading at “distressed” levels.
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INSIGHT: Cut crime by helping the children scarred by violence
WHEN a murder happens in a community, first responders race to the scene for two reasons – emergency medical personnel handle the victim while the police hunt down the perpetrator.
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Davis: I’ll raise gun smuggling issue
PRIME Minister Philip “Brave” Davis says he intends to raise the issue of gun smuggling into The Bahamas at the 2022 Summit of the Americas.
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‘Hardship’ threat over VAT medical bill move
The Government is threatening to cause “additional hardship” for thousands of Bahamians who enjoy private medical insurance through VAT-related reforms that will increase medical bills and treatment costs.
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Closing the circle: Getting to the root causes of crime
In recent news headlines, we have seen more than 20 young men being murdered on New Providence in March.
