Ryan Salame, part of the 'inner circle' at collapsed crypto exchange FTX, sentenced to prison
A federal judge on Tuesday sentenced former FTX executive Ryan Salame to more than seven years in prison, the first of the lieutenants of failed cryptocurrency mogul Sam Bankman-Fried to receive jail time for their roles in the 2022 collapse of the cryptocurrency exchange.
Long-term Gov’t paper recovery two years out - but no bad thing
Demand for long-term Bahamas government debt is unlikely to recover until after a 2026 general election but that is not necessarily a bad outcome, a senior banker predicted yesterday.
Don’t ‘tax your way to success’, Gov’t urged
Businesses yesterday urged the Government not to “tax their way to success” in tomorrow’s 2024-2025 Budget, arguing: “There’s only so much you can wring out of a stone.”
PM demands OECD, EU join global tax treaty talks
The Prime Minister yesterday renewed his demand for the groups that have frequently blacklisted The Bahamas to “join forces with the United Nations” and develop a global tax treaty fair to all countries.
Chamber chair calls for ‘tax code simplification’
The Chamber of Commerce’s chairman yesterday urged the Government to “simplify the tax code” and ease of doing business as he identified discrepancies in Business Licence filing requirements.
Carnival ‘blown away’ by GB cruise port interest
Senior Carnival Cruise Line executives yesterday said they have been “blown away” by the interest Bahamian bidders have shown in the retail and dining concessions at its new Grand Bahama port.
Central Bank teams with private sector for digital payments drive
The Central Bank yesterday launched long-awaited campaign to drive increased use of digital and online banking services by Bahamian businesses and households.
‘We are all at risk’ over Abaco port uncertainty
Abaco’s Chamber of Commerce president is warning “we are all at risk” as she urged the Government to clarify if it has selected a private operator to take over Marsh Harbour’s commercial shipping port.
From surviving Dorian in Abaco to valedictorian of Brooklyn College
FROM surviving Hurricane Dorian to becoming the first black valedictorian of Brooklyn College, Rhema Mills’ story is not conventional or straightforward.
Cousin testifies Gibson said he felt ‘framed’
LONG Island MP Adrian Gibson reportedly believed his ex-fiancée framed and threw him “under the bus” by blaming alleged criminal activities at the Water and Sewerage Corporation on him.
‘Cut taxes’ plea from business
THE business community hopes Prime Minister Philip “Brave” Davis will reduce taxes, simplify the tax code and improve the ease of doing business when he reveals the budget for the next fiscal year on Wednesday, according to the Bahamas Chamber of Commerce and Employers Confederation (BCCEC) chairman Timothy Ingraham.
Airline ticket change fees waived for UB graduation
BAHAMASAIR will waive ticket change penalties for those travelling to New Providence for the University of The Bahamas’ upcoming graduation ceremony after changes in the time and location of the event prompted uproar from the graduating class.
Bastian retiring after 24 years as auditor general
TERRANCE Bastian is retiring as auditor general after 24 years in the position.
Teen pleads guilty to charge of wounding a man in Andros
A 17-year-old man was imprisoned yesterday after admitting to wounding someone in Andros earlier this week.
What are you snacking on?
Snacking. We all do it to some degree or another.
Sister Sister Breast Cancer Group’s new president reaffirms group’s commitment to the fight
IT’S been roughly three months since the passing of its long serving president Andrea Sweeting.
Need for harsher penalties
TO begin, I would like to express my complete agreement with the Bahamian people who advocate for stronger measures to combat the importation and possession of illegal weapons.
Criticism on hospital is selfish
THE recent announcement of the proposed Hospital in the Perpall Tract, Rock Crusher, Stapledon Gardens area brought out the most unimaginable silliest commentary and selfishness.
Denisha Cartwright pleased with her season
SHE was more than pleased with how her collegiate career ended, but Denisha Cartwright is now more than eager about what is to come as she gets set to venture into the professional ranks as a track and field athlete.
Veteran tennis player Marvin Rolle speaks out
VETERAN player/captain Marvin Rolle said he was willing to return as captain of the Bahamas men’s Davis Cup heading to Paraguay next month, but nothing was finalised with the Bahamas Lawn Tennis Association.
