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EDITORIAL: Let the courts rule on oil drilling

OIL is the focus of attention across The Bahamas – and farther afield too, it would seem.

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12212020 EDITION

Monday, 21st December, 2020.

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WORLD VIEW: Accommodating Guaidó sparks divisions at OAS

EVENTS at the Organization of American States (OAS) continue to reveal that, notwithstanding the efforts by some of its 33 member states, the Organization is the handmaiden of powerful governments which control it through various methods, including coercion.


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INSIGHT: Are we doomed to always be a nation for sale?

EMBARASSED in international media, one of the most glaring shortcomings of our democratic process was laid bare for the world to see in the recent indictment of Peter Nygard. The horrific allegations should come as no shock to those of us who heard stories about the infamous Nygard Cay.

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INSIGHT: Before we talk about oil pollution, what are we doing about plastic?

AS The Bahamas prepares for the possibility of oil drilling and the risk of spillage, this archipelagic nation ranks among the top 30 per capita plastic global polluters, according to a Forbes Magazine report.

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Beware of $1,000 online fraud scam

THE Financial Crimes Intelligence Branch of the Royal Bahamas Police Force has warned people not to participate in an online fraud scheme promising a $1,000 payout.


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Mitchell: Winnings tax part of assault on web shops

PROGRESSIVE Liberal Party Chairman Fred Mitchell said the impending imposition of a winnings tax on web shop patrons will lead to reduced player participation and layoffs in a sector that employs more than 3,000 workers.

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Scaled down Christmas visit by Governor General

GOVERNOR General C A Smith was in Grand Bahama for his annual Christmas visit and tour of Rand Memorial Hospital last week.

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Keep following advice, expert says, as new strain appears in UK

WITH a new strain of COVID-19 spreading in parts of England, a Bahamian health official said the public should continue to follow recommended health measures to avoid infection as virus mutations can happen.


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32 new cases over weekend

THE country recorded 32 cases of COVID-19 between Friday and Saturday.

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BPC begins drilling exploratory oil well

BAHAMAS Petroleum Company has begun drilling its exploratory oil well, company officials announced on Monday. According to BPC, the well was ‘spud’ on Sunday December 20 at 06.30 EST and is anticipated to take 45 - 60 days to complete.

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BPL fuel lock-in to ease extra charge

Bahamas Power & Light's (BPL) chairman yesterday said it has extended fuel cost certainty for all consumers until end-2023 to help ease the extra charge that will be added to their bills in the New Year.


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Bahamas avoids 'dire' 26% shrink of its GDP output

The Bahamas has avoided the worst-case scenario of its economy shrinking by 26 percent in 2020 thanks to the global oil price slump and government's policy response, a report has concluded.

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Leading the way

NURSE Ramanda Lee became one of the first Bahamians to get the COVID-19 vaccine last Friday, pushing aside her initial scepticism.

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‘From strength to strength’ on FATF delisting

THE attorney general has voiced optimism the financial services industry will go “from strength to strength” after The Bahamas’ efforts to shore up its anti-financial crime regime gained global approval.


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‘Why didn’t police try to extradict Nygard?’

ATTORNEY Fred Smith said Commissioner of Police Paul Rolle should have encouraged local extradition proceedings against Peter Nygard over the sexual assault allegations he faces.

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UPDATED: U.S. Congress members urge PM to reconsider oil drilling agreement

SEVERAL members of the United States Congress have written to Prime Minister Dr Hubert Minnis and Environment Minister Romauld Ferreira urging them to reconsider the oil drilling agreement with Bahamas Petroleum Company.

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Oil opponents now seeking 'Xmas miracle'

Environmental activists yesterday admitted they are seeking "a Christmas miracle" as the Bahamas Petroleum Company's (BPC) drilling ship closed in on the location for its first exploratory oil well.


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The end of inflation

ActivTrades

Imagine going to a restaurant for dinner, looking at the menu and ordering a 3-course meal. By the time desert is about to be served, the waiter approaches the table, quietly informing you that the cost of the set-menu has gone up since you ordered, and advising you to ask for the bill before prices rise again. Or, consider going to the shops with carrier bags full of bank notes and then bringing the goods home in those same, not as full, bags. These situations may sound like comedy sketches, but they aren’t. In some parts of the world such scenarios have been reported during periods of hyper-inflation.

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Seven athletes qualify for CARIFTA

SEVEN athletes attained the qualifying standards for the CARIFTA Games at the Blue Chip Athletics Throwers Meet on Saturday as competitive track and field returned at the Thomas A Robinson Track and Field Stadium amidst the coronavirus pandemic.