All results / Stories
What Next for Cryptos?
ActivTrades
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.
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.
Celebrating nurses after battling the pandemic
GRAND Bahama nurses were praised for their resilience and contributions to global health in the last three years during the official opening of Nurses Month in Freeport on Monday.
$1BN BLACK HOLE OF UNPAID TAXES: Inland Revenue reveals scale of outstanding arrears by Bahamians
The Government’s top revenue agency yesterday revealed that “unacceptable non-compliance” by Bahamian taxpayers had resulted in the build-up of $1bn in outstanding tax arrears that it was now aggressively pursuing.
EDITORIAL: A deal that’s been a long time coming
THE announcement of the buyer for the Grand Lucayan Resort has been long coming.
Work permit clampdown in restaurants, construction
LABOUR Director Robert Farquharson says his department has denied labour certificates in all restaurant manager applications and in the vast majority of applications for construction site supervisors and project managers since September, preventing the applicants from getting work permits.
Larson a victim of fragility?
I must confess from the outset that I too had joined the chorus of irate Black Bahamians subsequent to revelations in Parliament by Prime Minister Philip “Brave” Davis that the former Free National Movement (FNM) government had paid Susan Holowesko-Larson $1,750 per week to chair the National Food Security Taskforce.
Buddy: I’m playing for Team Bahamas
BUDDY Hield is spending a part of his off-season at home on a talent search for his youth basketball programme but also announced his intention to return to international competition for team Bahamas.
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.
Agreement for $100m sale of Grand Lucayan Resort
ELECTRA America Hospitality Group has made a $100M purchase offer for the Grand Lucayan Resort at Grand Bahama.
‘Lord knows’ Freeport requires tourism scale
An ex-tourism minister yesterday voiced optimism that the Grand Lucayan’s sale will be the “catalyst” that builds scale by luring other resort developers to Freeport, adding: “Lord knows Grand Bahama needs it.”
Ayton and Suns take 2-0 lead
PHOENIX (AP) — Chris Paul scored 28 points, including 14 in another spectacular fourth quarter, to lead the Phoenix Suns over the Dallas Mavericks 129-109 last night for a 2-0 lead in the Western Conference semifinals.
Disney triples construction workforce promise to 300
Disney Cruise Line yesterday revealed it is near-tripling the number of construction jobs created by its Lighthouse Point project to 300 amid hopes that Eleuthera can attract up to $1bn in total investment over the next decade.
PM renews assault on COVID food initiative
The Prime Minister yesterday renewed his assault on “astounding” deficiencies with the COVID-19 food assistance initiative even though a 138-page audit report produced no evidence of corruption, fraud or misappropriation of funds.
$400,000 donated to encourage backyard farming
THE Agricultural Development Organisation and Solutions AE donated nearly $400,000 to churches to promote backyard farming yesterday.
‘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.
