Show advanced options

Select all Clear all

Story
Tease photo

We’re on the Road to 50th Independence anniversary

THE Independence Secretariat yesterday launched the country’s 50th anniversary campaign, announcing events leading up to the milestone that starts next month with a national road race.

Story
Tease photo

Lessons learned

ActivTrades

The collapse of the FTX crypto exchange, and the controversy swirling around its founder, Sam Bankman-Fried (SBF), have plunged the crypto market into an existential crisis.

Story

Sports notes

THE Bahamas Scholastic Athletic Association completed its best-of-three volleyball championships on Tuesday at the Tom “The Bird” Grant in Yellow Elder.

Story
Tease photo

FTX SPENT $300M ON PROPERTY BUYS: Court documents reveal valuation of real estate spree

A Bahamian realtor yesterday estimated that the collapsed FTX crypto currency exchange spent $250m and “probably more” on acquiring New Providence real estate, adding: “It was great while it lasted.”

Story

FTX’s fall ‘won’t ruin’ high-end real estate

Bahamian realtors believe the FTX crypto currency exchange’s implosion will not “ruin” western New Providence’s high-end property market as bargain hunters start to circle its $74m worth of holdings.

Story
Tease photo

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

Basketball team funds

I wish to comment on the disappointment of the women’s National Basketball team having to cancel their participation in an international tournament in Mexico due to funding for travel. In the decades of the fifties and sixties sporting organisations, including the Olympic Association and the BAAA, held raffles and other fundraising events to finance teams traveling to international tournaments. Government contributed, but was not expected to finance these trips. Today, it appears, that our sport­ing associations expect government to fully finance international teams travelling.

Story

Insurer: Hurricane season end ‘can’t be soon enough’

A TOP Bahamian insurance executive says the official end to the 2022 hurricane season “can’t come soon enough” given that Hurricane Ian will further “tie our hands” on premium prices for local consumers.

Story

Education officials step in after student altercations at Patrick J Bethel High School

EDUCATION officials are seeking alternatives to mitigate violence at Patrick J Bethel High School at Marsh Harbour, following several arguments between students there this week.

Story

FTX’s Bahamas creditors unlikely to see full recovery

FTX’s newly-appointed chief executive yesterday asserted that corporate governance was non-existent at its Bahamian subsidiary, adding: “Never have I seen such a complete failure of controls in my 40-plus years.”

Story
Tease photo

BAHAMAS REBUTS FTX ACCESS CLAIMS: Securities Commission given lawful permission to transfer assets to ‘a safer space’

The Securities Commission last night debunked accusations the Government “directed unauthorised access” to FTX’s systems, and aided the withdrawal of digital assets, in violation of Bahamian and US court orders.

Story
Tease photo

‘Minimal exposure’: Central Bank demands FTX report

Bahamian bankers yesterday predicted the industry has minimal exposure to FTX after regulators demanded the sector disclose all business dealings with the collapsed crypto currency exchange.

Story
Tease photo

Man survives Shark attack in Andros

AN Andros man is breathing a sigh of relief after having survived a brutal shark attack on the island over the weekend.

Story
Tease photo

WORLD VIEW: America’s Democracy not trumped in mid-term vote

IN my commentary last week entitled, US Mid-term elections: a defining moment for the World, I pointed out that no less a person than Joseph R Biden Jr, the President of the United States of America, proclaimed that democracy is at stake in his country.

Photo
Story

Demolition of police station

Anyone who reads The Tribune’s Weekend magazine will probably know of my interest in Bahamian history and the preservation thereof.

Photo
Story
Tease photo

Astros win World Series

HOUSTON (AP) — Yordan Alvarez hit a moon shot that sent Space City into a frenzy, and the Houston Astros to their second World Series title.

Story
Tease photo

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

Deyton Albury cans 22 in season opener

DEYTON Albury was a role player for the Chipola College men’s basketball programme as a freshman, but began his sophomore campaign.

Previous