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.
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.
THE Bahamas Scholastic Athletic Association completed its best-of-three volleyball championships on Tuesday at the Tom “The Bird” Grant in Yellow Elder.
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.”
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.
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.
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.
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.
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.
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.”
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.
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.
AN Andros man is breathing a sigh of relief after having survived a brutal shark attack on the island over the weekend.
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.
Anyone who reads The Tribune’s Weekend magazine will probably know of my interest in Bahamian history and the preservation thereof.
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.
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.
DEYTON Albury was a role player for the Chipola College men’s basketball programme as a freshman, but began his sophomore campaign.