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No slowdown in bookings yet after CDC raised risk warning

THERE has been no slowdown so far in bookings after the US Centers for Disease Control raised the COVID risk rating for The Bahamas to level two - but hoteliers are on the alert as new subvariants are spreading in the US and could reach our shores.

Warning as container costs to double

Businesses should brace for a 100 percent increase in container costs for the summer due to the Russia and Ukraine war.

What Next for Cryptos?

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As the era of cheap money comes to an end, so do the conditions that propelled the price of Bitcoin and other crypto assets to the dizzying highs reached at the end of last year. At the time of writing, Bitcoin was trading just above $27,000, a drop of more than 60 percent from all-time maximum of almost $69,000 touched last November.

Five weeks of rising COVID cases in region

FOR the past five consecutive weeks the Caribbean has experienced a rise in new COVID-19 infections, according to Pan American Health Organisation Director Dr Carissa Etienne yesterday.

Sands: Poor sacrificed ‘on tax efficiency altar’

The FNM’s chairman yesterday accused the Government of driving more Bahamian families into poverty, and sacrificing them “on the altar of tax efficiency”, by refusing to eliminate VAT on medicines and breadbasket foods.

Thriving with diabetes

New course provides information and support for those living with condition

SINCE there is still no cure for diabetes, those diagnosed must consider an overhaul in lifestyle practices to ensure proper management and control of the condition.

IMF urges Bahamas to stick to 50 percent debt ceiling

The International Monetary Fund has urged The Bahamas to keep to the 50 percent debt ceiling passed in 2018.

$636,000 budget for Royal visit

THE government earmarked $636,194 to honour all expenses associated with their Royal Highnesses‘ visit to The Bahamas in March. However, as of Monday, May 16, approximately 96 percent or $625,186 of the money has been paid out.

EDITORIAL: A deal that’s been a long time coming

THE announcement of the buyer for the Grand Lucayan Resort has been long coming.

‘They wanted Gov’t to buy the Grand Lucayan twice’

The Grand Lucayan’s ex-chairman yesterday said the Government would “effectively have been buying the hotel a second time” had it agreed to Royal Caribbean and ITM Group’s demand it finance 95 percent of the $50m purchase price.

EDITORIAL: Resisting temptation to break the law

THERE was quite a startling admission from Environment Minister Vaughn Miller yesterday.

Reform pensions now - or elderly will be left with nothing

The International Monetary Fund warns that a “significant” share of the elderly would be without pensions if reform to the pension system is not dealt with immediately.

‘We are going to have to play together’

Deandre Ayton looks ahead to game 6 against Mavericks

The Phoenix Suns have an opportunity to clinch a second consecutive berth to the Western Conference Finals but Deandre Ayton said he expects tonight’s game six matchup to be one of the toughest in the series.

$10M IN FUNDING ‘VANISHED’: Prime Minister claims NGOs have not submitted accounts

PRIME Minister Philip “Brave” Davis said two non-governmental organisations have not submitted records to give an account of the combined more than $10m they received from the former Minnis administration under its national food programme.

STATESIDE: Why is Kremlin reportedly planning a grand celebration of its military?

THIS Sunday is celebrated generally in the West and specifically in the US and UK as V-E (Victory in Europe) Day, commemorating the Allied triumph over the Axis powers in World War II. May 8 was the date in 1945 when the German army surrendered to the victorious allies led by America and Great Britain.

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New course provides information and support for those living with condition

Deandre Ayton looks ahead to game 6 against Mavericks

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