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STATESIDE: The winds of war are picking up strength
AS REPORTS from the Russo-Ukraine War get pushed further off America’s front pages in favour of higher gas and other prices, mass shootings, COVID and miscellaneous political outrage from all sides, President Joe Biden and his most significant European and Asian allies are quietly preparing for what may be a smack down of the less than awesome Russian army before European unity starts to crumble later this year under the threat of no Russian fossil fuel imports as winter approaches.
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Vehicle theft claims ‘out of the ordinary’
A Bahamian insurer says an “out of the ordinary” increase in motor vehicle theft claims was among the principal factors why it missed profit projections for 2021.
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Bahamas must get youth for ‘leg up’ on Caribbean
The Bahamas was yesterday urged to start a youth movement so it can grow - for “generations to come” - a flats fishing industry likely to have expanded far beyond its $141m economic impact in 2010.
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‘No disconnect’ despite $200m surplus increase
The Bahamian economy’s “exceptional” post-COVID rebound justifies revisions of more than $200m in key Budget projections, top officials asserted yesterday, despite Opposition fears of a “disconnect” that will undermine fiscal credibility.
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STATESIDE: Blurred lines of a conflict where there's no easy exit
WE’VE returned in this space several times over the past four months to the question of the inevitability of US and Western involvement in a shooting war with Russia over its invasion of Ukraine. Even as most major American media focus once again on ex-President Donald Trump, the January 6 committee hearings into his casual incitement of a shocking and fatal riot, and the chances of someone else taking control of the Republican Party before 2024, experts and scholars are quietly wondering aloud if America isn’t already at war with Russia and what it could mean for the short-term future of the world.
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‘Still among leaders’: But Bahamas’ FDI down 60%
The Bahamas is “still among the leaders” despite a United Nations (UN) agency yesterday revealing that foreign direct investment inflows to this nation declined by 60 percent year-over-year in 2021 to $360m.
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FINAL DEMAND: Tax arrears rocket $260m in blow to revenue targets
The Government is owed more than $261m in “outstanding arrears” that were due for payment from three key revenue streams within the 21-month period to end-March 2022, it has been revealed.
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Stem cell pioneer: Just 3% of claims accepted
Less than 3 percent of $16.5m in creditor claims against a Freeport business, once hailed for pioneering The Bahamas’ entry into the stem cell therapy industry, had been accepted as at end-May 2022.
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