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Bahamas oil well creditors accept 84% debt hair-cut
Creditors owed a collective $11.3m for the drilling of an exploratory oil well in The Bahamas have agreed to accept a near-84 percent haircut on this debt, it was revealed yesterday.
PLP using Trump’s playbook
It is quite depressing to reflect on the journey that the Republican Party has taken since the days of the American Civil War. It was once the party of Abraham Lincoln that ended slavery in the United States. Today it is the party of Donald Trump and uses anger, fear, conspiracy theories and fake news to whip up the emotions of a section of society that is shrinking and getting more desperate by the day.
Stopover visitors off 100,000 for January
The Bahamas saw January visitor arrivals fall by more than 100,000 or 84 percent, a Cabinet minister disclosed yesterday, with COVID travel protocols set to remain until vaccination levels hit 80 percent.
14 more COVID-19 deaths confirmed
FOURTEEN additional people have been added to the nation’s COVID-19 death toll, according to data released by the Ministry of Health yesterday.
ROLLING THE DICE WITH OUR LIVES: COVID cases leap 200% as Sands warns: we’re ‘gambling at our peril’
FORMER Health Minister Dr Duane Sands has said the country continues to “gamble” with COVID-19 “at our peril” as the Ministry of Health reported 79 new infections on Tuesday.
PLP plays politics with lives
The PLP is playing politics with people’s lives.
$1m refurbishment plan for Solomon's Lucaya Property
AML Foods Limited announced a $1million renovation of its flagship Solomon's store in Freeport, Grand Bahama on Friday. More than 95% of the work on the Solomon’s Lucaya project, which is expected to be completed by mid-June, will be carried out by local contractors and artisans. The company also stated that most of the materials being used for the renovations will be sourced and purchased locally on island.
Ragged Island to have 95 percent solar power by June
WORKS Minister Desmond Bannister said yesterday that in early June, 95 percent of power in Ragged Island will be generated “from the largest, most modern solar field” in the country.
Sky get 101-95 double OT win over the Sun
UNCASVILLE, Conn. (AP) — Courtney Vandersloot had the second triple-double in WNBA playoff history with 12 points, a league playoff-record 18 assists and 10 rebounds to help the Chicago Sky beat the Connecticut Sun 101-95 in two overtimes last night in the opener of their best-of-five semifinal series.
Man admits having gun and drugs
A 21-year-old man who was caught with a quantity of ammunition and drugs must pay $3,200 to avoid spending nine months behind bars.
Ex-finance minister says income tax 'stable' choice
An ex-minister of state for finance yesterday backed income tax as a more "stable" and equitable alternative to the present regressive structure that is dominated by VAT and import duties.
More doctors and nurses to be added
MORE doctors and nurses will be soon added to the public healthcare system as COVID-19 cases and hospital rates continue to climb.
Jones and Sun lose Game 3
Jonquel Jones and the Connecticut Sun are faced with must win situations to keep their season and 2021 title hopes alive.
IMF: 12% VAT rate ‘lowest in Caribbean’
The Bahamas’ soon-to-be-repealed 12 percent VAT rate was branded “the lowest in the Caribbean” by the International Monetary Fund (IMF) in its much-debated report to the Government.
Seven more deaths added to COVID toll
SEVEN COVID-19 related deaths have been recorded so far this month, according to the latest data released by the Ministry of Health and Wellness yesterday.
Stuart and Demons have lofty expectations
DAUNTE Stuart and his Northwestern State Demons head into the 2022 season with lofty expectations based on several noteworthy publications.
Teachers union’s anger at failure to finish deal
BAHAMAS Union of Teachers President Belinda Wilson has expressed “disgust” and “disappointment” that a new industrial agreement has not been signed with the government despite 14 months of negotiations and 95 percent of the contract being complete.
Testing for HIV/AIDS declined 55% in 2020
TREATMENT for HIV/AIDS has remained stable during the COVID-19 pandemic but testing for the virus declined by 55 percent in 2020, according to Dr Nikkiah Forbes, director of the National HIV/AIDS and Infectious Disease Programme.
Knowles and Coleby enjoying win streaks
BOTH Zane Knowles and Dwight Coleby are currently enjoying win streaks for their respective clubs in the Turkish Basketball First League with just a few weeks remaining in the regular season.
Renewable provider hails resort’s new solar system
A renewable energy provider yesterday said the system installed at a major Family Island resort will cut its emissions by 95 percent through slashing diesel fuel consumption.
