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Cruise spend ‘antibiotics’ set for December launch

The Ministry of Tourism plans to launch the “antibiotics” that will help cure low cruise visitor spend in downtown Nassau by December 1, a top tourism executive disclosed yesterday.

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STORM FALL-OUT TO HIT BUILDING MATERIALS: Warning that Florida’s post hurricane reconstruction will impact prices and availability in The Bahamas

Bahamian contractors yesterday warned it is “inevitable” that Florida’s post-Hurricane Ian reconstruction will hit building material prices and availability here as local inflation was revealed to have hit 7 percent.

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Man shot dead as he checked on break-in

NEW Providence police are investigating a shooting  that left a man dead early yesterday.

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HUBERT EDWARDS: Governance of SOEs critical to ‘end game’

I have consistently argued that Bahamian policymakers must move urgently to implement structural reforms so as to influence the country’s economic fortunes.

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THE KDK REPORT: Above all else – PART 2

THERE are certain definitive sink or swim moments throughout our lives that define each and every one of us. Those moments, while outwardly silent but internally screaming, require hope, stamina and strength of character to survive. This necessary strength is bolstered by knowing that someday, over time and as the seasons change, life will once again become bearable and if fortunate enough, happy and fulfilled.

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Seven-fold jump in Benchmark’s debt to clients no alarm

A BISX-listed firm has reassured investors that the seven-fold increase in monies owed to clients at year-end 2021 is no cause for alarm since it stems from $150m in securities trading activity.

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Downtown art district plan to put Miami, New York ‘second’

The Ministry of Tourism’s plans to transform downtown Nassau via creation of an “art district” will relegate similar spaces in New York and Miami to “second spot”, a senior official pledged yesterday.

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INSIGHT: Shadow of crime never goes away

THE Bahamas reached an unwanted landmark last week – the 100th murder of the year.

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PART I: Small island, huge impact - historical facts and truths about Taiwan

US House Speaker Nancy Pelosi’s recent visit to Taiwan was provocative, reckless and dangerous. The visit, which was the culmination of misguided US moves to challenge China’s core national interests, left the political foundations of China-US relations shaken and drew an expectedly strong reaction from China.

54 records expunged by rehabilitation committee

THE Rehabilitation of Offenders Committee has received 112 applications from people seeking to have their records wiped clean between January and June of this year, with 54 of those applicants said to have already had their records expunged.

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STATESIDE: Biden’s age, inflation and immigration record to be tested

POLITICIANS are quite comfortable lobbing verbal grenades at an incumbent president of the opposing party, and the current crop of Republican office holders and job seekers is no different. In the steady, numbing drumbeat of GOP criticisms of Joe Biden and his administration, the loudest seems to be about his age.

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‘Polluters must pay climate costs’

PRIME Minister Phillip “Brave” Davis has called on industrialised nations who contribute heavily to climate change to pay for the hardships brought on by the phenomenon.

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Thomas, Murray named to Arizona Fall League Rosters

A PAIR of Bahamian minor league baseball players achieved another career milestone with promotions to the Arizona Fall League.

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Kai Jones’ preseason debut: 5 points, 5 rebounds and a block in 9 minutes

KAI Jones and the Charlotte Hornets officially began their 2022-23 campaign as the NBA preseason got underway yesterday.

Forecasters keeping close watch on three systems

LOCAL weather forecasters are watching the development of three systems — two tropical storms and one tropical wave.

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Three more deaths from COVID-19

MINISTRY of Health and Wellness officials have reported three more COVID-19 related deaths, pushing the nation’s death toll to 833.

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Bitcoin: The Story So Far

ActivTrades

BITCOIN is the original cryptocurrency, created in the aftermath of the 2008 global financial crisis when someone known as Satoshi Nakamoto (their real identity is unknown) published the blueprint. The aim was to bypass traditional financial intermediaries and end central banks’ control over money, relying instead on a peer-to-peer system supported by blockchain, which is the name given to cryptographic information distributed across a decentralised network.

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TRAVEL BUDGET SOARS FOR GOVT: $11.8m spend exceeds allocation by 11%.

The Government’s travel spending yesterday ignited further Opposition attacks after it was revealed that the total $11.8m outlay for the 2021-2022 fiscal year exceeded Budget allocations by 11.1 percent.

‘Increased criminality’ drove 6% suspect reporting growth

THE FINANCIAL Intelligence Unit (FIU) says the 5.7 percent increase in suspicious transaction (STR) and other reports received in 2021 was driven by “increased criminality” experienced during the COVID-19 pandemic.

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Jones and BIH look to get in the win column

Jonquel Jones and her Bosnia and Herzegovina (BIH) side remain winless thus far at the FIBA Women’s Basketball World Cup.