Bahamas warning of ‘US airspace ban’
A BAHAMIAN aviation operator has warned that a ban on Bahamian-based flights entering the US “cannot be accommodated” and warned of the danger of a dispute between US airlines and the Bahamas government escalating.
FTX claim over $300m in assets
THE new ownership of FTX has accused the joint provisional liquidators (JPL) in The Bahamas of conspiring with the Securities Commission of The Bahamas (SCB) in hiding $300m in assets during the liquidation process.
BPL charging customers ‘against the law’ says FNM
FNM leader Michael Pintard said Bahamas Power and Light (BPL) is now charging consumers “against the law” after government botched the fuel hedging strategy left in place by previous administration.
FTX founder Sam Bankman-Fried pleads not guilty in New York
NEW YORK (AP) — FTX founder Sam Bankman-Fried pleaded not guilty in Manhattan federal court Tuesday to charges that he cheated investors and looted customer deposits on his cryptocurrency trading platform.
Limit on visitors as hospital sees uptick in COVID-19 cases
THE Ministry of Health and Wellness said precautionary measures have been implemented in the Intensive Care Unit and Neonatal Intensive Care Unit at Princess Margaret Hospital following a noticed uptick in COVID- 19 cases related to exposure at the hospital.
Govt ‘needs to get a grip on rising violent crime’
FREE National Movement deputy leader Shanendon Cartwright has called on the Davis administration to get a grip on the rising violent crime this year.
A massive U-turn in China
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Having maintained a strict zero- COVID policy for almost three years, the Chinese government had become a prisoner of it. The strategy was designed to address the low vaccination rates of the elderly population (80 million people aged 80+ years are not vaccinated and 44% of the population did not receive the third dose, this percentage rising to 60% among people aged 80+ years). And, although studies in Hong Kong comparing CoronaVac with BioNTech’s vaccine have not been conclusive, the Chinese government did not seem to have much confidence in the degree of immunity provided by their own vaccines.
Commission denies claims by FTX’s chief executive
The Securities Commission of The Bahamas has denied allegations of directing the failed crypto-exchange FTX to mint $300m tokens prior to its collapse.
PM priorities include jobs, youth and inflation
THE government’s top priorities for this year will include tackling inflation, creating more job opportunities for Bahamians and fostering youth empowerment, Prime Minister Phillip Davis said yesterday.
UPDATED: Couple shot dead in their sleep
Two men are being questioned by police after a man and woman were shot dead in their sleep early on Monday morning.
One Family wins parades back-to-back
ONE Family emerged as the unofficial winner of the New Year’s Day Junkanoo Parade, kicking off the new year with back-to-back wins after rushing to victory just days earlier on Boxing Day.
Lives of service
The Bahamas is a great little nation despite the challenges and obstacles which confront us every so often. 2022 was a good year for many and I, for one, thank the Lord Jesus Christ for having assisted our people with successfully emerging into 2023. Some of us did not, unfortunately, make it through. Many of us did, however, and as a people and individuals we must now put our shoulders to the wheel and develop ourselves on a personal level and the nation collectively. We have any number of distinct role models.
Show faith in police
The Bahamas government, Bahamian and residents must find ways to demonstrate their faith in the performance of our Law Enforcement Agencies, in particular the Royal Bahamas Police Force.
Bail denied for Canadian after $300k of drugs found in luggage
A CANADIAN man was denied bail in Magistrate’s Court on Friday after he was allegedly found with nearly $300,000 worth of marijuana in his luggage at LPIA.
C I Gibson Rattlers win senior boys’ title
It went right down to the wire as the CI Gibson Rattlers prevailed with the senior boys’ title over the Jordan Prince Williams Falcons in a nail-biting championship game that brought the curtain down on the Providence Storm Basketball Club’s 2022 Holiday Classic at the CI Gibson Gymnasium.
Big Red Machine take senior girls’ crown
IN an epic battle right to the end, the St Augustine’s College Big Red Machine rolled past the CV Bethel Stingrays 46-41 behind the stellar leadership of Antonia Moultrie to win the senior girls’ title of the Providence Basketball Club’s Holiday Classic.
Jordan Prince Williams Falcons Jr Boys’ champions
JORDAN Prince Williams Falcons pulled off an impressive 54-19 victory over St John’s Giants to win the junior boys’ title in the Providence Storm Holiday Classic at the CI Gibson Gymnasium on Friday.
Contractor: I’m not to blame over Treasure Cay sewerage
A CONTRACTOR for the Water and Sewerage Corporation (WSC) has said he is not the one to blame for problems residents of Treasure Cay are experiencing with their sewerage system.
Tapping into loan ‘like printing money’
OPPOSITION leader Michael Pintard has warned of “grave concern” over the government tapping into $232m International Monetary Fund (IMF) special drawing rights (SDR), warning of the “equivalent of printing money”.
FTX liquidators: Don’t sell off assets - wait for restructuring
THE Joint Provisional Liquidators (JPL) appointed after the collapse of the FTX crypto-exchange are arguing in court in the US that any sale or auction of assets should be reserved for any of the Bahamian company’s rights.
