Haircuts and helping hands from police officers
RESIDENTS of Unity House on East Street were pleasantly surprised yesterday after members of the Royal Bahamas Police Force stopped by to donate grocery items and cleaning supplies as a part of its community outreach efforts.
EDITORIAL: Economy bruised by pandemic, but recovering
THROUGHOUT the pandemic, we have been aware of the economic effects hitting our country, without perhaps always being able to put a precise number to them.
‘Distressing’ hardship at Port Lucaya Marketplace
DEPUTY Prime Minister Chester Cooper said the lack of visitors at the Port Lucaya Marketplace and the economic difficulty being experienced by straw vendors there is very distressing.
Officers ‘searching for information’ in investigation into mass shooting
NEARLY a year after six men were killed in a mass shooting on Jerome Avenue, Police Commissioner Paul Rolle said officers are still searching for information to advance their investigations into the killings.
Green light given to treat coral disease
AFTER more than a year, the government has given the green light for marine conservationists to treat corals infected with stony coral tissue loss disease as well as to study and better understand its spread.
Minister joins students for World Poetry Day
GLENYS Hanna Martin, Education, Technical and Vocational Training Minister, joined students at LW Young Junior High School yesterday to celebrate World Poetry Day.
IMF interest rate fears dampened
Bahamian financial analysts yesterday dampened fears of near-term interest rate hikes after the International Monetary Fund (IMF) suggested such increases may be necessary to protect the US dollar exchange rate peg.
IMF: New, increased taxes a must for 25% revenue target
The International Monetary Fund (IMF) yesterday subtly signalled that The Bahamas must introduce new and/or increased taxes to hit fiscal targets that include a 25 percent revenue-to-GDP ratio before the next general election is due.
Gov’t seeks tariff slash proposals
The Government is seeking private sector recommendations on potential Customs tariff cuts that could be implemented via the upcoming 2022-2023 Budget as a means to ease the impact of soaring inflation on Bahamians.
National debt still bigger than Bahamas economy
The Bahamas’ national debt remained larger than the size of the country’s economy at year-end 2021, it was revealed yesterday, standing at a sum equivalent to 100.3 percent of gross domestic product (GDP).
Bahamas’ growth ‘more than double’ projections
The Bahamas exceeded 2021 economic growth projections by 180 percent, the International Monetary Fund (IMF) revealed yesterday, as it urged this nation to make increased COVID-19 vaccination rates its top priority.
Commissioner: I’m retiring this year
POLICE Commissioner Paul Rolle confirmed yesterday that he will be retiring from the police force this year after nearly 40 years of service, ending months of speculation about his future.
Deputy PM: ‘Promising’ proposals for Grand Lucayan
DEPUTY Prime Minister Chester Cooper has indicated that proposed master plans presented to the Lucayan Renewal Holdings board so far by hotel bidders for the Grand Lucayan resort look “promising.”
Work ‘almost complete’ on national trade policy
ECONOMIC Affairs Minister Michael Halkitis said work on a national trade policy is almost complete, adding he was hopeful the matter would not get “hijacked” by arguments that there were attempts to push a free movement agenda that has for years clouded World Trade Organisation (WTO) negotiations.
ONE IN SEVEN OUT OF WORK: IMF projects 13.9% unemployment rate as economy recovers
THE International Monetary Fund projects a 13.9 percent unemployment rate this year, still higher than the pre-pandemic rate but a notable decline compared to 2020 and 2021 when the rate was estimated to be 25.6 and 18.1 percent respectively.
Heavyweight boxer Amron Sands squares off this Friday
AMRON Sands is set to return to the ring for the first time in just over a year.
Sprinter Shatalya Dorsett qualifies for CARIFTA
SHATALYA Dorsett came to town and demonstrated that she’s ready for the journey to Kingston, Jamaica, for the return of the CARIFTA Games over the Easter holiday weekend.
Shamar earns Subway Player of the Game
Burrows and Dalhousie Tigers claim their 3rd straight AUS title, qualify for U Sports Final 8
Shamar Burrows and the Dalhousie Tigers claimed their third consecutive Atlantic University Sport championship and now look ahead to joining the best programmes in Canada at the U Sports Final Eight next month.
Courier firms see slowdown as Ukraine uncertainty bites
Bahamian courier companies yesterday warned of a further shipping cost increase by summer 20202 with customers now holding back on spending due to growing economic uncertainty sparked by Russia’s invasion of Ukraine.
Nine more COVID cases
THE country’s COVID- 19 case count has risen by nine, bringing the total to 33,230 since the start of the pandemic. Only 65 of those cases are active, however.
