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Rise and fall

ActivTrades

It has been a few busy weeks in the Forex (foreign exchange) markets. On Thursday, the reaction of the markets was unequivocal, and we saw a certain ruthlessness when UK prime minister, Liz Truss, had barely announced her resignation before the pound sterling was appreciating again. The 30-year UK government bond yield fell nine basis points, which means investors are now viewing those securities as less risky once again.

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Skeletal remains found in Grand Bahama

SKELETAL remains were found on a track road in Grand Bahama on Saturday.

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Retailers granted extension on new price controls

RETAILERS have been granted an extension to next Friday for the adoption of new price controls, amid the government’s decision to expand its list of price-controlled items.


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Not guilty plea to vehicular manslaughter charge

A WOMAN pleaded not guilty in the Supreme Court on Friday to vehicular manslaughter in relation to a traffic fatality that occurred on JFK Drive in February.

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Woman and teen plead not guilty to separate murders

A WOMAN and a teenage boy pleaded not guilty to two separate murder charges in the Supreme Court on Friday, with the woman being accused of the fatal stabbing of her boyfriend last year.

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Teenager accused of unlicensed firearms, ammunition possession

A TEENAGER was granted bail in Magistrate’s Court on Friday after being accused of having two unlicensed pistols with live ammunition.


10222022 EDITION

Friday, 21st October, 2022.

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Commodore: Steps being taken to prepare for Haiti deployment

ROYAL Bahamas Defence Force Commodore Raymond King says officials are taking concrete steps to prepare marines in the event troops are deployed to Haiti.

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DIANE PHILLIPS: The lighter moments of a rainy night

I DREAMT that I learned how to play chess last night. As I said, I dreamt. My chances of thinking about what move to make six moves from now and getting it right are about the same as my chances of winning the lottery, or maybe even less likely since there have been cases of people winning the lottery.


EDITORIAL: Bishop adds a reasoned voice to the debate

ON today’s front page of The Tribune, Bishop Laish Boyd expresses the view of the Anglican Diocese on the issue of marital rape laws.

Abaco frustration over growing shanty towns

CONCERNED Abaco residents who have repeatedly voiced frustrations about the growing shanty towns on the island want the government to “put their money where their mouth is” when it comes to dealing with the unregulated communities.

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Village Road finish set for end of year

AFTER several months of construction, more work has been added to the Village Road Improvement Project, however completion is still scheduled for the end of the year.


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Bishop warns over lack of transparency

BISHOP Laish Boyd said the real cause of problems that many nations face arise out of a lack of transparency, accountability, and fair play by national leaders and systems.

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‘Future generations will say we did no favours’

COVID has worsened The Bahamas’ looming savings and retirement crisis, a pensions specialist warned yesterday, adding: “Future generations will say we did them no favours.”

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DPM touts $1.2bn in Exuma investments

The deputy prime minister yesterday asserted that the Davis administration has approved $1.2bn in investment projects “for Exuma alone” in the year since it was elected as he touted a variety of resort developments.


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Exuma’s growth ‘severely outstrips our infrastructure’

The deputy prime minister yesterday admitted Exuma’s growth has “severely outstripped the capacity of our infrastructure” with tourist arrivals 22 percent ahead of 2019’s record-breaking levels through to end-August 2022.

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Minister: 25% food import cut ‘ambitious aspiration’

A Cabinet minister yesterday admitted that slashing The Bahamas food import bill by 25 percent come 2025 is “an ambitious aspiration” but one that the country must strive for given its present challenges.

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Bahamasair now exploring Barbados, Antigua routes

Bahamasair is aiming to add at least one new aircraft to its fleet every year through 2025, a senior executive revealed yesterday, with ambitions to expand its routes to more Caribbean territories.


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Contest heats up in the kitchen

STUDENTS from several senior high schools participated in the Ministry of Education’s 30th annual Young Chef Culinary Competition semi-finals yesterday.

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Bahamas and EU ‘seek partnership’

THE Bahamas and the European Union are recommitted to building and strengthening a mutually beneficial partnership as they have concluded the dialogue on Article 8 of the Cotonou Agreement.