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Mixed fortunes for Bahamian pro basketball players in Europe and South America
This week produced varying results for Bahamian pro basketball players as their postseason runs continued in their respective leagues throughout Europe and South America.
Men’s national basketball team players take spotlight
POSTSEASON basketball continues for several Bahamian senior men’s national team players in their respective leagues throughout Europe and South America.
HUBERT EDWARDS: The low growth, high debt trap
In the first article we assessed some of the consequences from a high, and growing, national debt. With The Bahamas’ debt-to-GDP ratio expected to remain above 80 percent over the mid-term at least, the question that dominates is the extent to which this is sustainable.
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.
New Providence or New Orleans?
I saw Twitter images of severe flooding throughout parts of New Providence over the weekend. I believe it was a meteorologist who told either The Nassau Guardian or The Tribune that the severe flooding caused by torrential rains was a hurricane drill for New Providence residents. As a resident of Grand Bahama who lived through Hurricanes Francis, Jeanne, Matthew and Dorian, I want Nassau residents to understand that the recent flooding in their communities is nothing compared to the flooding the aforementioned cyclones brought to our island.
Back with a win as Isaacs Jr rejoins New Jersey Jackals
TODD Isaacs Jr returned to the New Jersey Jackals for his second season with the club in the Frontier League and helped the team to a series opening win to begin their 25th campaign as a franchise.
‘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.”
$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.
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.
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.
STATESIDE: A different kind of politician for Washington
JOHN Fetterman doesn’t look like a Washington politician. And that’s an understatement.
‘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.
Make San Salvador World Heritage site
A Ministry of Tourism executive yesterday urged The Bahamas to “lobby in earnest” for the entire island of San Salvador to be designated a UN World Heritage Site, adding that this typically boosted business volumes by 8-15 percent.
Pintard: Govt needs to speak with one voice on VAT
FNM leader Michael Pintard says the government needs to clarify its position at the cabinet level on reducing Value Added Tax (VAT) on breadbasket items.
Reclassification brings COVID death tally to 810
THE Ministry of Health and Wellness has clarified that COVID-19 deaths have not increased as the country battles its latest surge of infections.
Demand leaves chicken farmer short on supplies
An Abaco poultry farm yesterday said it is “selling out” of chickens as demand has the farm “running out of supplies every month”.
PM HITS BACK ON BREADBASKET VAT – while Watson claims tax reintroduction does not hurt consumers
PRIME Minister Philip “Brave” Davis told his predecessor yesterday to take his own advice, as he hit back over new criticisms levelled at his administration over its refusal to remove value added tax from breadbasket items.
Potter’s Cay vendors: We need $48k for deck pilings
Six fire-ravaged Potter’s Cay vendors still need the extra $48,000 previously set aside for waterside pilings so they can reconstruct their decks, their Association president said yesterday.
‘TAX THE RICH’ – Minnis: Charge wealthy property buyers and scrap breadbasket VAT
FORMER Prime Minister Dr Hubert Minnis yesterday suggested that the government increase taxes on wealthy property buyers and eliminate value added tax on breadbasket items to alleviate the burden on struggling Bahamians.
Confusion over need for approvals over Potter’s Cay rebuild
A Cabinet minister said if Potter’s Cay vendors want to rebuild their stalls in the water they would have to get permission from the Department of Environmental Planning and Protection (DEPP).
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