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Deltec’s big damage from FTX investor ‘Gatling gun’
A BAHAMIAN bank and its chairman have blasted aggrieved FTX investors for employing “a Gatling gun approach” that has inflicted “tremendous damage” on their financial services reputation.
The Unsung Heroes of Sports: Athletic Trainers
IN the world of sports, the spotlight often shines brightest on the athletes themselves.
Suicides down by 25 percent despite remarkable 86 percent rise in attempts
ALTHOUGH suicides decreased by 25 per cent in 2023 compared to 2022, attempted suicides increased by a remarkable 86 per cent, according to police statistics released yesterday.
BPSU protests conditions at Registrar General office
BAHAMAS Public Services Union president Kimsley Ferguson warned the government against harsh work conditions and delayed promotions for union members of the Office of the Registrar General, threatening to suspend services.
Mitchell demands halt to cemetery’s appeal
A CABINET minister was yesterday revealed to have intervened on behalf of his constituents over a planning appeal involving a proposed 13-acre Bernard Road cemetery that is heavily opposed.
BTC slams ‘excessive’ $209,488 URCA fine
The Bahamas Telecommunications Company (BTC) last night slammed the $209,488 fine imposed on it by regulators for breaching mobile number portability rules as “unwarranted and excessive”.
FTX Bahamian liquidators eye US legal ‘run rate’ fall
FTX’s Bahamian liquidators are hoping the legal fees “run rate” drops sharply due to the settlement with their US counterpart after incurring an estimated $56m total bill during their first 15 months of work.
NPBA: Giants return to the finals
THE Commonwealth Bank Giants and Your Essential Store (YES) Giants will both return to yet another New Basketball (NPBA) Providence Association Finals.
Bowleg hits back on audit findings
YOUTH, Sports and Culture Minister Mario Bowleg said the government did not overspend on last year’s CARIFTA and Jubilee Games, which cost more than $7m than was allocated, according to audit reports from the Office of the Auditor General.
WORLD VIEW: It’s time the UN Security Council acts to stop the killing in Gaza
THE escalation of violence in Gaza by Israel has prompted a global outcry, marking a rising disgust, particularly among the young, of what is widely regarded as a hugely disproportionate response to the Hamas attack on Israel on October 7, 2023.
PI crown land battle will go to privy council
THE Bahamian entrepreneur aiming to restore Paradise Island’s lighthouse has “every confidence we will succeed” as he bids to take his long-running battle with the Government before the Privy Council.
$7m overspend on sports events
BAHAMIAN taxpayers incurred an extra $7m bill to cover cost overruns for two much-hyped sporting events that were hosted last summer, the Government’s financial watchdog has revealed.
Minister’s $185k CARIFTA ‘surplus’ came from 360% subsidy overshoot
A Cabinet minister yesterday asserted that last year’s CARIFTA games generated a $185,503 “net surplus” even though this was only made possible by a taxpayer subsidy over four times’ higher than budgeted.