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Bahamas saves 25% of FTX assets from ‘dumpster fire’
FTX’s implosion was yesterday branded a “dumpster fire” as it was revealed that 25 percent of recovered international digital assets are in the Bahamian Securities Commission’s safekeeping.
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Cable Bahamas accuses broadcasting corporation of breaching terms
CABLE Bahamas Ltd has accused the Broadcasting Corporation of The Bahamas of breaching the terms of its broadcasting conditions for the Boxing Day Junkanoo Parade.
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FRONT PORCH: Reading critical to human development
THE Brothers Grimm, German academics and authors in the late 18th century and early 19th century, became world famous for their piquant and complex folklores, fairy tales and oral tales, which offered object and classical lessons about morality and ethics and the struggle of humanity in every generation to become more civil, humane and less barbarous.
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INSIGHT: Questions remain unanswered over Bermuda PLP trip
THE curious tale of the Progressive Liberal Party’s trip to Bermuda resurfaced in public this week – and despite it being several months on from the event, the official line has still failed to nail down all the answers.
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Mitchell blasted by Dame Marguerite
DAME Marguerite Pindling caused a stir yesterday when she demanded an apology from Progressive Liberal Party chairman Fred Mitchell as she publicly accused him and the PLP for using a Majority Rule Day event at her husband’s grave as “a stepping stone”.
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'Too late': Fired Gaming Board employees can't get jobs back
Seventeen former Gaming Board employees, who were found to have been unfairly dismissed, have lost their bid for reinstatement some four-and-a-half years after they were terminated.
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More than 300 percent rise in tourism in November over previous year
THE tourism sector continued its “robust” growth in November, according to the Central Bank of The Bahamas’ monthly economic and financial developments report - with arrivals up by an astonishing 341.5 percent from 2021.
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Entrepreneur hopes cruise giant’s PI ‘invasion’ ending
A Bahamian entrepreneur has voiced renewed optimism that Royal Caribbean may be halting its “invasion” of his leased Crown Land after it purportedly submitted a revised proposal for its $110m Paradise Island project.
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FTX’s Bahamas creditors say minimal sums owed
Multiple Bahamian companies identified as FTX creditors yesterday asserted that the purported sums owed to them were minimal to non-existent.
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EDITORIAL: Prime Minister presses climate change message
IT was a busy day for Prime Minister Philip “Brave” Davis yesterday.
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FRONT PORCH: Women and the struggle for power, equity and respect
THE home of Mizpah and J Egbert “Bertie” Tertullien in Blue Hill Estates brimmed with books. There were shelves of books on politics, psychology, economics, social sciences, literature – especially West Indian and African literature – and other topics. Ideas and current affairs were exuberantly and spicily debated at the Tertulliens.
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Central Bank wants stricter due diligence to stop another FTX
The Central Bank of The Bahamas has called for stricter due diligence on the transfer of funds in the wake of the FTX collapse.
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Commission denies claims by FTX’s chief executive
The Securities Commission of The Bahamas has denied allegations of directing the failed crypto-exchange FTX to mint $300m tokens prior to its collapse.
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Ann Marie Davis calls for more help for victims families
LOCAL advocacy group Families of All Murder Victims yesterday honoured the families’ 20 victims, with the day being proclaimed FOAM Day after a ten-year fight by the group’s founder.
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PM presses case for climate change action
PRIME Minister Phillip “Brave” Davis said that resiliency and funding are the answers to the climate woes of the Caribbean.
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Mental illness or possession
The print media published some months ago a tragic incident involving a mentally ill individual who was put down by law enforcement officers in New Providence. I believe that it was in December that the Senate rubber stamped the Progressive Liberal Party’s Mental Health Bill (2022), which repealed the Mental Health Act of 1969.
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‘No interruption’ to New Year Junkanoo broadcast
YOUTH, Sports and Culture Minister Mario Bowleg is satisfied that after a meeting with stakeholders, both Cable Bahamas and ZNS will broadcast the New Year’s Day Junkanoo Parade without interruption.
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AG: Don’t be reckless on cases of pollution
ATTORNEY General Ryan Pinder yesterday cautioned Free National Movement leader Michael Pintard to be mindful “not to make reckless forecasts” as to what may be awarded this jurisdiction for environmental damage in connection to two shipping incidents that took place last year.
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GB airport not enough for ‘diamond in rough’
A hotelier yesterday said “it’s about time” that the “diamond in the rough” which is Grand Bahama gets polished as he warned that fixing the island’s airport will not be a cure-all for its multiple challenges.
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EDITORIAL: All quiet over Onego Traveller recovery operation
SINCE the cargo ship the Onego Traveller sank in waters off Abaco on December 29, there has been a curious absence of information from the government about salvage and remediation efforts.
