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FTX: US interfering with $45m Bahamas recovery

FTX’s Bahamian liquidators are accusing their US counterparts of interfering with a $45m stablecoin recovery and failing to preserve the value of the collapsed crypto exchange’s $241m local real estate empire.

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ATLANTIS: DEAL WITH CONCERNS HEAD ON – RCI urged to address environment worries for $100m beach club

A senior Atlantis executive yesterday urged Royal Caribbean to tackle “head on” the concerns raised over its $100m Paradise Island beach club by providing “a more robust” Environmental Impact Assessment (EIA).

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Sir Franklyn: Gas woe ‘won’t cripple country’

FOCOL’s chairman yesterday said he was “very confident a solution will be found” to the Bahamian petroleum industry’s financial woes, and added: “This will not be fatal to the country.”

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‘Air cargo hub’ ambition for GB’s $200m airport

The deputy prime minister yesterday unveiled a $200m Grand Bahama International Airport redevelopment that aims to ultimately transform the facility into an international “air cargo hub” for the Caribbean and Latin America.

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Ed Bethel

And then there were three. On Monday, March 13, the media profession in The Bahamas lost a giant of a journalist and broadcaster, Mr Ed Bethel.

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Oban’s investors hit by $5m ‘fraud’

The principal behind the controversial $5.5bn Oban Energies oil refinery deal has agreed to be sanctioned and pay fines after being accused of defrauding investors in the project of some $5.2m.

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PETER YOUNG: Maintaing Indo-Pacific peace is focus of AUKUS in face of assertive China

WITH the publicity surrounding last week’s San Diego meeting about the AUKUS agreement, I wonder how many people will have recalled one of US President Biden’s famous gaffes. T

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