Story
INSIGHT: Another chance for Davis to press case on climate
IT has not been a good week for the PLP government.
Story
Chinese saw Baha Mar as ‘state-owned assets’
Baha Mar’s Beijing-owned contractor and major financier were already treating the mega resort project as “state-owned assets” prior to finally ousting Sarkis Izmirlian as the project’s developer.
Story
Collapse ‘bewilders’ FTX Bahamas staff
FTX’s 40 Bahamian staff have been left “bewildered and beleaguered” by the speed of the crypto exchange’s collapse, a senior executive says, amid hopes its $74m real estate outlay will prove a key recovery source for local creditors.
Story
Banks ‘can take more’ as debt drops $29m
Bahamian commercial banks have “significant capacity” to take on more government debt, the Ministry of Finance’s top official has asserted, after the national debt for the three months to end-September fell by $29m.
Story
Food retailers expand price control list offer
Food retailers were last night hoping the Government will agree to an “expanded list” of price-controlled products before the weekend so that Bahamian consumers can enjoy cost of living “relief” come Monday.
Story
New House row on BPL’s fuel hedging
The controversy over Bahamas Power & Light’s (BPL) fuel charge hikes erupted again yesterday after the Opposition’s leader argued that the Government’s “dereliction of duty” had “heaped” a $100m bill on the Bahamian people.
Story
FIBA World Cup ‘23 Americas Qualifiers postponed
WITH the impending impact of Tropical Storm Nicole on The Bahamas, FIBA and the Bahamas Basketball Federation announced the postponement of the latest window of the World Cup 2023 Americas Qualifiers.
Story
INSIGHT: Was the House of Assembly misled?
HERE’S a name you thought might have disappeared from the political map of the world – Boris Johnson. Bear with me, though, this isn’t just about what happened in faraway Britain.
Story
DID FTX BREACH FREEZE ORDER? Filing for bankruptcy could have violated Supreme Court ruling
Fears have been voiced that FTX’s co-founder violated a Bahamas Supreme Court Order when he placed some 134 group entities under Chapter 11 bankruptcy protection in Delaware.
Story
Food stores ‘expecting’ price control extension
Bahamian food stores yesterday said they “expect” the Government to extend tomorrow’s deadline to implement the major price control regime expansion if both parties are unable to reach agreement by then.
Story
‘Don’t crash private’ healthcare with NHI
A prominent doctor has warned the Government that its proposed National Health Insurance (NHI) reforms must not “crash private healthcare” and suffocate the “innovation and investment” that drives improved medical care.
Story
FRONT PORCH: Supporting the Dundas and performing arts
A FRIEND recalls going to the Dundas Centre for the Performing Arts for the first time decades ago to watch a live performance of a play, returning thereafter over the years for a smorgasbord of productions ranging from dramas to musicals.
Story
Bran ‘confident’ pharmacy price control deal workable
The Democratic National Alliance’s (DNA) former leader last night said he “has every confidence the compromise is sustainable” after the pharmaceutical industry struck a deal with the Government to end their price control dispute.
Story
‘So far so good’ for Abaco
ABACO residents dealt with immense flooding from the late season storm Nicole yesterday, with some experiencing anxiety and others thankful this experience was not as traumatic as Hurricane Dorian.
Story
220 Legendary jobs for ‘hazardous’ site
An $80m marina investment for southern New Providence is pledging to transform “a hazardous location” blighted by trash dumps and stolen boats via a project that will create 220 permanent jobs at full build-out.
Story
S&P slashes Bahamas ‘23 growth to just 1.1%
Standard & Poor’s (S&P) yesterday slashed its 2023 economic growth forecast for The Bahamas to just 1.1 percent despite giving the country a break on repeated annual creditworthiness downgrades.
Story
AG tells world: Don’t blame us over FTX
The Attorney General last night blasted that it was “a gross oversimplification of reality” for the world to blame The Bahamas for FTX’s collapse as no country had moved “as quickly” to tackle the crypto exchange’s implosion.
Story
STATESIDE: Political violence in the US
T HE stunning home invasion and severe wounding of American House of Representatives speaker Nancy Pelosi’s husband Paul last week proved that the U.S. can still shock itself. The assailant’s background and the awful response to the attack by Republicans who should know better are noteworthy for their discouraging revelations about current American society. More on that a bit later.
Story
ALICIA WALLACE: Speaking out with a strong voice on climate action
OVER the next few days, there will seem to be no end to the conversations about COP27.
Story
Bahamian regulator probing FTX woes
The Securities Commission was yesterday investigating the crisis that has left The Bahamas’ flagship digital assets investor on the brink of collapse after a rival crypto currency exchange walked away from a rescue deal.
