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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.
‘Big question mark’ on Boating Act insurance
CONCERNS were yesterday raised over whether there is sufficient local insurance capacity to meet the new Boat Registration Act requirements as one carrier deemed the sector “too risky” to cover.
Deltec’s terminations ‘to realign workforce’
DELTEC Bank & Trust last night confirmed it has moved “to realign its workforce” via a right-sizing which is said to have resulted in around 11 staff being terminated last week.
Eric Wiberg – Sunk in Nassau harbour: The Fancy and the Pilot Boat
TWO vessels were lost in Nassau harbour – one of them huge and famous, the other a tiny nameless rowboat whose loss is commemorated with a 20-foot stone tower on the country’s busiest street.
Powerade sponsors BAARK! Potcakeman Triathlon for 10th year
BAARK! (Bahamas Alliance for Animal Rights & Kindness) is scheduled to host its eleventh triathlon at Jaws Beach on Sunday, February 25.
ONE ELEUTHERA FOUNDATION – Educational tourism: A sustainable and transformative niche
In an era where travel is increasingly driven by unique experiences and personal enrichment, niche tourism, particularly Educational Tourism, is emerging as a transformative force not only for travelers but also for small local economies and social development.
Fidelity eyes $18m profit after ‘opening the hood’
A BISX-listed bank yesterday revealed it is targeting $18m in full-year profits for 2024 after “opening the hood” to assess why last year’s projections were missed.
'Changing' property market on up to 300% listings jump
A 200-300 percent increase in new listings is driving Bahamian real estate's "transition" away from a sellers' market by outstripping buyer demand, a prominent realtor is asserting.
A new dawn
ActivTrades
The Securities and Exchange Commission (SEC) in the US has approved exchange-traded funds (ETFs) investing in the digital currency, Bitcoin, after a long period of hesitation. In the struggle with Bitcoin proponents, including large banks and asset managers, the SEC admitted defeat and ultimately allowed Bitcoin ETFs.
Crowdfunded real estate business still waiting one year later for Securities Commission approvals
AKERAGE Ltd, a crowdfunding business promising to revolutionize how people invest in real estate, is still awaiting relevant approvals from the Securities Commission of The Bahamas a year after announcing provisional approval from the regulator.
HUBERT EDWARDS: The Bahamas performance for 2023 and outlook for 2024
It is beyond doubt that the reported performance of the country for the last fiscal, 2022-23, has been noteworthy. Following two years of deep decline, due to the COVID-19 pandemic, and an intervening “bounce back” year, 2023 has seen positive economic performance for the country but unfortunately lacking in sufficient potency to seriously start to change our fortunes.
Central Bank: 1,250% digital asset capital not ‘excessive’
The Central Bank yesterday rejected assertions it is being “excessive” in requiring licensees to hold 12.5 times’ the amount of capital involved to back trades of non-stablecoin digital assets.
Euro is gaining
ActivTrades
Black Friday is behind us. But the rise of online shopping has reduced the importance of Black Friday as a single day event. What originally started in the US has become a global event.
FACE TO FACE: Whitlyn Miller – sowing seeds for a sustainable future
SHE puts her hands in the soil, pressing seeds of love down and reaping bountiful rewards. Whitlyn Miller is the Female Farmer of the Year, thanks to the Bahamas Agrarian Awards, held in September, 2023. Her award, along with her $10,000 prize, validates the hard work she put in and the sacrifices she made to be a farmer.
Stop ‘beating dead horse’ over BPL fuel hedge row
A Cabinet minister yesterday urged the Opposition to stop “beating a dead horse” over Bahamas Power & Light’s (BPL) fuel hedging strategy and summer’s sky-high light bills.
Heads Up! Navigating Concussions in Soccer: Incidence, Management and Treatment
SOCCER, known as the beautiful game, has thrilled fans for generations, but the sport is not without its risks, particularly concerning concussions.
‘Yes I have the power to be drug free’
Bahamas Lawn Tennis Association takes advantage of Bahamas National Drug Council Hobbies Fair
THE Bahamas Lawn Tennis Association (BLTA) participated in the Hobbies Fair hosted by the Bahamas National Drug Council (BNDC).
DIANE PHILLIPS: Creative solutions needed to address society’s inequities
A MAN sleeps in his car, hoping it will not rain tonight so he can keep the windows open. Not far away, a few miles along the coast, another man writes a cheque for $3.2m for a beachfront condo he will use six weeks of the year.
FTX attorneys accuse Sam Bankman-Fried's parents of unjustly enriching themselves with company funds
DOVER, Del. (AP) — Lawyers for FTX Trading have filed a lawsuit accusing the parents of its founder Sam Bankman-Fried of exploiting their influence over their son to siphon millions of dollars from the company, while spending lavishly on a luxury home in the Bahamas and funneling contributions to their "pet causes" and Stanford University.
THE BAHAMAS BEATEN DESPITE QUICK START: Puerto Rico win 6-1 in Nations League opener
AFTER getting off to an “electric start” from a quick shot from Christopher Rahming to ignite the home crowd inside the Thomas A. Robinson National Stadium, the Bahamas men’s team could not stop the relentless onslaught from Puerto Rico as they responded with a flurry of goals.
