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Petroleum dealers ‘won’t force Govt’s hand’ despite $100 oil

Bahamian petroleum retailers yesterday conceded their margin woes “cannot easily be fixed overnight” and promised “not to force the Government’s hand” with oil prices currently on track to reach $100 per barrel.

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IMF WARNING TO GOVT ON DEFICIT: Spending expected to outpace income by three times forecast

The International Monetary Fund (IMF) last night blew a hole in the Government’s 2023-2024 Budget projections by warning the fiscal deficit will likely be almost three times’ higher than forecast.

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Retailers ‘not easing up’ on gas margin increase

The Bahamas Petroleum Retailers Association’s (BPRA) president yesterday asserted that the industry is “not easing up” on demands for a margin increase with several dealer “unable to survive” more than another two months.

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Fredrick King and Bluejays sweep Summer of Thunder

Bahamian Fredrick King and his Creighton Bluejays men’s basketball team have completed their mission here with a three-game sweep of their matches played this week in the Bahamas Basketball Federation’s Summer of Thunder.

Attorney loses appeal on ‘forged’ bank drafts

A Bahamian attorney yesterday failed to overturn the rejection of his “gross negligence” claim against Scotiabank (Bahamas) after two “fraudulent” bank drafts left his account overdrawn by $165,000.

Focus on cost of living issues

LET me state from the outset that I am a dyed-in-the-wool capitalist. I do not subscribe to the malevolent Marxist school of thought which is diametrically opposed to the Judeo-Christian worldview.

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Atlantis: 30% spend, rate jumps ‘as good as it gets’

Atlantis yesterday said its year-to-date performance is “as good as you can get” with rates and visitor spending per occupied room both exceeding pre-COVID levels by up to 30 percent.

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Petroleum retailers fear ‘another nail in the coffin’

Bahamian petroleum retailers yesterday voiced fears that full Business Licence audits will be “just another nail in the coffin” as they push to meet with the Prime Minister over demands for a margin increase.

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Domnick Bridgewater and ‘Kino’ Burrows post big game

BEFORE they head off for their national team duties for the Pre-Olympic Qualifying Tournament, guard Domnick Bridgewater and centre Jaraun ‘Kino’ Burrows left their mark on the Bahamas Basketball Federqtion’s Summer of Thunder Tournament.

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.

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STATESIDE: A tale of several Trudeaus and one Donald Trump

THIS is a tale of several Trudeaus of different generations and Donald Trump.

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Andros Chickcharnies in the lead after day 2

Bahamas Games golf tournament at Ocean Club on Paradise Island

THE Andros Chickcharnies are still holding onto the lead after two days of competition in the 6th Bahamas Games golf tournament at the Ocean Club on Paradise Island.

Sports Notes

THE New Providence Basketball Association continued its regular season action with a pair of games played at various gyms on Friday and Saturday night.

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FTX Bahamas: Only we can pursue void payouts

FTX's Bahamian liquidators are asserting they may be the only ones "lawfully" able to pursue "material volumes" of client withdrawals that occurred around the time of the exchange's collapse and may thus be deemed void.

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FACE TO FACE – Lakeisha Rolle: Passionate financial literacy educator

SHE was only 15 years old when she blew her parents, teachers, family and friends away by becoming a student at the College of The Bahamas (now University of The Bahamas). Going to college at such an early age turned out to be a blessing for Lakeisha A Rolle, as she discovered her passion and developed a blossoming career in finance.

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.

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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.

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MVP jones’ double double leads Liberty to win

BEHIND the Most Valuable Player (MVP) performance of Grand Bahamian Jonquel Jones, the New York Liberty upset the Las Vegas Aces to win the Commissioner’s Cup.

PM is well suited for finance role

IT WAS written by the revered Chinese sage and philosopher, Confucius in 500 BC that “the ruler of a country of a thousand chariots must give diligent attention to business; he must be sincere; he must be economical; he must love his people; and he must provide employment for his people at the proper seasons”.

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STATESIDE: Biden seeking to avoid gaffes

US President Joe Biden is known for avoiding live press conferences. In sharp contrast to his predecessor, Biden appears to believe that such largely unrehearsed sessions would expose him to more of the gaffes and errors that have occurred many times throughout his long public career – albeit without the crippling effect of some of his contemporaries’ mistakes and misstatements.