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FTX Bahamas demanding $9.15bn from US affiliates
FTX’s Bahamian liquidators are seeking to recover a total $9.15bn from the crypto exchange’s US entities with some 84 percent of this sum involving assets that were “misappropriated” prior to its late 2022 collapse.
Banks see 30% profits increase
Bahamian commercial banks collectively enjoyed a 30 percent year-over-year profit increase to $109.2m during the 2023 second quarter due to rising interest income, it was revealed yesterday.
Walcott ‘the crown jewel’ of Rangers’ signing class
JBLN standout considered to be ‘the next Jazz Chisholm’
From the time he started playing in the Junior Baseball League of Nassau, Sebastian Walcott had the notion that he would one day be a professional baseball player.
BGDBA Playoffs: Cybots advance to next round, Patrollers tie series 1-1
The Bain and Grants Town Cybots booked their tickets to round two of the Bahamas Government Departmental Basketball Association (BGDBA) playoffs on Monday night after sweeping the Police Royals 2-0.
Jonquel Jones leads New York to first WNBA Finals in 21 years with victory over her former team
UNCASVILLE, Conn. (AP) — Breanna Stewart and Jonquel Jones have New York back in the WNBA Finals for the first time in more than two decades.
Nassau/PI hotels see 35% ‘business on books’ jump
Nassau/Paradise Island hotels are eyeing a 35 percent year-over-year increase in “business on the books” for 2023, it was disclosed yesterday, with “loaded” airline seats through June also up on 2022.
Bahamas ‘tops’ 5m visitors to end-June
The Ministry of Tourism's top official yesterday disclosed that visitor arrivals breached the five million mark for the 2023 half-year although higher-yielding stopovers and air arrivals remained slightly down on 2019's "banner year".
Public school attendance is down four percentage points since last year
THE public school attendance rate is at 91 percent this year, according to Acting Education Director Dominique Russell.
‘Hunger should not be a barrier to learning’
HUNGER should not prevent any child from attending school, Prime Minister Philip “Brave” Davis said as the government’s new free breakfast programme was launched on Monday.
International certification for GBPA department
THE Building and Development Services at the Grand Bahama Port Authority received ISO 9001 certification, a globally recognised standard for quality management.
NPBA: Heatwaves, Rockets, Shockers in the win column
THE New Providence Basketball Association continued its regular season action over the weekend at the Kendal Isaacs Gymnasium with a series of games played.
Where did govt shares in GBPA go?
The recent brouhaha between the government and the Grand Bahama Port Authority that has found its way onto the front pages of your newspaper reminded us of another controversial subject involving these two protagonists.
44 percent of students need ‘urgent intervention’
A LEARNING loss survey found that 44 per cent of public school students require urgent learning intervention, Education Minister Glenys Hanna Martin said yesterday.
‘Buddy’ focused on training camp amid contract talks
INDIANA Pacers shooting guard Chavano “Buddy” Hield is focused on training camp despite ongoing conversations surrounding his contract extension with the team.
Goodman’s Bay hostilities erupt on 14-storey project
Hostilities erupted between Goodman’s Bay neighbours over allegations voiced at a public hearing regarding the motives for opposing the Wynn Group’s 14-storey penthouse project.
FRONT PORCH: The virtue of a life-long pursuit of personal growth and wisdom
In 1941, in his early 70s, after an extraordinary career and a dozen years before his death at 84, the brilliant French artist Henri Matisse underwent surgery following a diagnosis of abdominal cancer. He was left bed- and chair-ridden. Sculpturing and painting were now too physically challenging.
Bahamas Youth Flag Football League ‘in-season training’
THE Bahamas Youth Flag Football League (BYFFL) season returned this past weekend at the Thomas A Robinson national stadium.
Jonquel, Liberty advance to WNBA playoff semifinals
WOMEN’S National Basketball Association (WNBA) player Jonquel Jones posted her second straight double double to complete the 2-0 sweep against the Washington Mystics last night.
GAS DEALERS WANT 30 CENT INCREASE – Association: Govt discussed change to fuel margins
Petroleum retailers say they refuse to become "paupers" as they intensify demands for a 30 cent per gallon margin increase which they have been seeking to obtain from the Government since April 2022.
‘Coach Yo’ and Ole Miss Rebels fall to LSU in SEC semifinals
COACH Yolett “Coach Yo” McPhee-McCuin and the University of Mississippi (Ole Miss) Rebels stepped onto the hardwood at the Bon Secours Wellness Arena riding a seven-game win streak which was snapped by the Louisiana State University Tigers 75-67 on Saturday.
