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Bahamas faces high risk economic ‘roller coaster’
The Bahamas will be on an economic “roller coaster for a significant period of time” as the US Federal Reserve and other central banks take swift action to combat inflation, a local banker warned yesterday.
Central Bank holding steady as reserves drawdown gains pace
The Central Bank yesterday maintained its prediction that The Bahamas’ external reserves will end 2022 ahead of prior year levels even though October’s decline exceeded 2021 by some $58.3m.
No resolution over food price control ‘stalemate’
The Bahamian food distribution industry was last night said to have reached a “stalemate” over efforts to strike a price control deal with the Government via a 1,000-strong product list designed to “more than half-way” meet its demands.
NPBA opening night: Rockets and Giants victorious
ON opening night when they didn’t receive their New Providence Basketball Association men’s championship rings, the Discount Distributors Rockets took their frustration out on the runners-up Commonwealth Bank Giants.
Lightbourne and Dames lead KCKCC to upset over no.19 Pirates
THE Kansas Community College Blue Devils have opened the season with one of the most difficult schedules in all of junior college basketball and got their first upset win over a ranked team led by its talented Bahamian duo.
Destruction of an icon
ActivTrades
WHAT exactly happened? How could FTX go bankrupt almost overnight? And what does that mean for the entire market? We are trying to reconstruct the whole drama.
Man ‘should serve 12 years’ for repeated sex offences
A 73-year-old Grand Bahama man convicted of having unlawful sexual intercourse with an eight-year-old girl was labeled a repeated child sex offender who should serve a prison term of 12 years, a Crown prosecutor submitted to the Supreme Court.
Mackey Jr and Levarity get double doubles in win
BOTH Bahamian players posted double doubles to bring an end to Lyon’s two game skid in France’s Nationale Masculine 1 League.
Minnis: Crime consultants failing
FORMER Prime Minister Dr Hubert Minnis yesterday criticised the Ministry of National Security’s consultants on their “ineffective” performance in helping to address the country’s crime problem, saying the workers are “receiving the people’s money” but are not producing the desired results.
New House row on BPL’s fuel hedging
The controversy over Bahamas Power & Light’s (BPL) fuel charge hikes erupted again yesterday after the Opposition’s leader argued that the Government’s “dereliction of duty” had “heaped” a $100m bill on the Bahamian people.
More than 60 boats expected in 5th Best of the Best Regatta
WITHOUT any major regatta to skipper to accumulate points this year, the Ministry of Agriculture, Marine Resources and Family Island Affairs has opened the field to include more than 60 boats to participate in the fifth Best of the Best Regatta.
Bahamas secure hard-fought win over Panama
THE Bahamas men’s national team played with a lot of heart and grit right to the end, securing a hard fought 83-79 victory over Panama in the first of two games at home this weekend as the FIBA Americas World Cup Qualifier continued Friday night at the Kendal Isaacs Gymnasium.
FACE TO FACE: Success and challenges for two pharmacy industry forerunners
TWO phenomenal women, both forerunners in the Pharmacy industry in the Bahamas, shared their stories with me this week. We spoke of their journey to success, and the challenges along the way, including the most recent hurdle, which led them to join with pharmacists throughout the country for a shocking one-day closure of pharmacies.
Junior college basketball prospects soak up early season success in US
BAHAMIAN basketball prospects have teamed up at the junior college level across the United States and have experienced early season success with their respective programmes.
$73m ‘zero carbon’ project targets 36k annual visitors
A $73m investment is aiming to attract 36,000 guests per year at full build-out of a “zero carbon” residential and yacht community on an Exuma cay located just three miles from Georgetown.
INSIGHT: Fyre, FTX and the harm to our nation
A YOUNG entrepreneur, out of his depth, losing a ton of money and injuring the reputation of The Bahamas along the way. I could be talking about Sam Bankman-Fried, whose company FTX has combusted so spectacularly in the past week or so – and I will – but let’s take a trip to the past first.
AJ Storr suits up for Red Storm in Big East
FOUR star freshman guard AJ Storr leads a highly touted incoming class expected to propel the St John’s Red Storm back into contention of a competitive Big East Conference.
DEADLIEST YEAR FOR NATION SINCE 2017: Body found dumped on Cowpen Road in latest murder
THE Bahamas reached a grim milestone yesterday morning after another murder was recorded, surpassing last year’s murder count.
Concerns that hotel tax breaks unduly exploited
A BAHAMIAN businessman has voiced concerns that foreign investors are unduly exploiting Hotels Encouragement Act incentives to obtain tax breaks on construction materials for large vacation rental properties.
Ellis, USC beat BYU
PARADISE ISLAND, Bahamas (AP) — Boogie Ellis scored 21 of his 27 points after the break to help Southern California beat BYU 82-76 in yesterday’s first round of the Battle 4 Atlantis.
