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THE BAHAMAS BEATEN DESPITE QUICK START: Puerto Rico win 6-1 in Nations League opener
AFTER getting off to an “electric start” from a quick shot from Christopher Rahming to ignite the home crowd inside the Thomas A. Robinson National Stadium, the Bahamas men’s team could not stop the relentless onslaught from Puerto Rico as they responded with a flurry of goals.
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Government aiding in excessive alcohol consumption among Bahamian alcoholics
Recently I was informed by a businessman that one of his employees died unexpectedly. Even without the benefit of an autopsy, the grieving businessman is convinced that his employee's excessive drinking played a significant part in his demise. About three years ago an individual I personally knew drowned due to his inebriation. He was also a chronic alcoholic. I know of another young Bahamian, about 41-years-old, who is always either drunk or sobering up.
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Ex-minister: ‘Bahamians must invest in our nation’
A former Cabinet minister says he was “moved” by multiple factors to partner with Sir Franklyn Wilson in developing the Jack’s Bay project, and urged Bahamians: “We’ve got to invest in or country.”
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Ministry officials concerned as road works employee hit with rock by motorist
A MOTORIST struck a traffic manager with a rock last week, injuring the man in what a top Ministry of Works official said is an example of the hazards some employees face.
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SBF’s trading arm, Alameda Research, operated in Bahamas without licence
The private trading entity created by Sam Bankman-Fried, and alleged to have played a key role in FTX’s multi-billion dollar implosion, was based and controlled in The Bahamas despite not being licensed to operate in this jurisdiction.
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Central Bank 'agrees' on $232m IMF SDR roll-over
The Central Bank has "agreed to roll over" the $232.3m IMF special drawing rights (SDR) financing it provided to the Government as part of the latter's 2023-2024 borrowing plan, it was revealed yesterday.
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WORLD VIEW: CARICOM at 50: there is still hope
JULY 4, 2023 marks the 50th anniversary of the signing of the Treaty of Chaguaramas, the foundational document that brought the Caribbean Community and Common Market (CARICOM) into existence. With high hopes and lofty ambitions, the heads of government of the four largest independent Caribbean countries at the time embarked on a journey towards regional integration. They were later joined, to varying degrees of commitment, by 10 other countries.
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Western Warriors soccer club achieves quadruple BFA championship titles
THE Western Warriors Football (Soccer) Club celebrated an epic season of success in the 2022-2023 Bahamas Football Association leagues, receiving four 1st place trophies in last Saturday’s BFA awards ceremonies. They won titles in the boys under-15 division, under-18, men’s league and the prestigious Men’s Hummel Cup.
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Credit union’s $1m wind-up nears end
More than two-thirds of the cheques representing outstanding funds owed to hundreds of the One Eleuthera Cooperative Credit Union’s (OECCUL) members were signed over the weekend, its liquidator confirmed yesterday.
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WORLD VIEW: Caribbean’s role as a voice of reason in a fractured OAS
On May 31, the Organization of American States (OAS) faced a prolonged and contentious debate that lasted from 2:30 in the afternoon until well past midnight. This episode, marked by acrimony and political undercurrents, which was webcast publicly and instantly to the world, is likely to be revisited during the upcoming OAS General Assembly from June 21 to 23 in Washington, D.C., the headquarters of the OAS.
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WORLD VIEW: Autonomous weapons – a real and urgent danger to people
AS if small states, with limited financial and human resources to safeguard their societies, do not confront enough grave challenges, along comes the phenomenon of “autonomous weapons” – probably the most frightening technological development that has yet been created.
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WORLD VIEW: 1.5°C is upon us - are we prepared?
THE report on May 17, from the World Meteorological Organization, (WMO) that global temperatures are likely to surge to record levels in the next five years should have sent all Caribbean institutions, such as the CARICOM Secretariat, the Caribbean Development Bank, and the Caribbean Community Climate Change Centre, into overdrive to explore further ways in which the region could accelerate efforts to avert this calamity.
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WORLD VIEW: Decimation of vulnerable nations inevitable if global warming continues on present trend
JOHN Kerry, former US Secretary of State and current US Special Envoy on Climate Change matters, told the world’s Ambassadors at a meeting in Washington, on May 10, that “there is no way” of keeping the rise in global temperatures to 1.5 degrees Celsius unless CO2 emissions are drastically reduced.
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Cruise port targets $3m annual refinance saving
Nassau Cruise Port will save close to $3m per year from refinancing the existing $138m bond debt that kickstarted its redevelopment, with its top executive yesterday saying: “We’re so much more than just a cruise port.”
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WORLD VIEW: Development crisis threatens small states
“THE world is facing a crisis of development.” Those are the first words of a paper from officials of the World Bank Group (WBG), setting out a proposed roadmap for “urgent action” to tackle the “growing crisis of poverty and economic distress, and global challenges, including climate change, pandemic risks, and rising fragility and conflict”.
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Crypto revival
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The current plight of the banks brings back memories of the 2008 financial crisis. Calls for alternatives are getting louder. Bitcoin supporters are feeling encouraged.
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Minus makes a pitch for women’s pro card
WITH the return of professional boxing with the first all-female show taking place next weekend, promoter Michelle Minus made a special pitch for support from the Southeast Nassau Rotary Club.
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WORLD VIEW: Can political parties agree social contract for national progress?
AUTHORITATIVE international bodies – among them, the respected Institute for Democracy and Electoral Assistance (IDEA) – have concluded that “democracy is under both literal and figurative assault around the world.” The countries of the Caribbean have not been exempted from this judgement which is based on more than a decade of studies.
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SBF’s trading arm gave Pointe owner $3.4m ‘gift’
The China Construction America (CCA) owned entity that developed The Pointe in downtown Nassau purportedly received $3.362m in “gifts or charitable contributions” from Sam Bankman-Fried’s private trading arm.
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First Class Promotions returns after 10-year hiatus
FIRST Class Promotions will host the first all-female boxing match in The Bahamas and Caribbean at 8pm on Friday, March 31 at the Kendal G.L. Isaacs Gymnasium.
