IMF: ‘Deeper effort’ on digital asset regulation
The International Monetary Fund (IMF) last night urged The Bahamas to undertake “deeper efforts” to regulate digital assets firms by providing more resources to inspect their operations.
Help arrives as 18 Ghanaian nurses report for duty to address shortage
EIGHTEEN nurses from the Republic of Ghana have arrived to help with the nurse shortage in the Bahamas.
Block on former Tribune editor’s pension will be investigated, says NIB
NATIONAL Insurance Board chairman Philip McKenzie said the board will investigate former Tribune managing editor John Marquis’ complaint that his pension payment has been blocked “for no good reason”.
Honouring the nation builders
MORE than 100 people were recognised yesterday for their contribution to nation-building during the pre and post-independence periods.
Davis: Desantis rocket remarks ‘misguided’
PRIME Minister Philip “Brave” Davis said he believes Florida Governor Ron DeSantis’ references to The Bahamas while defending Israel’s reaction to Hamas’ attack last week show he is misinformed.
PM: No investigations into petty allegations
NEARLY two weeks after North Eleuthera MP Sylvanus Petty resigned as chairman of the Water and Sewerage Corporation, Prime Minister Philip “Brave” Davis said an investigation was not launched into the underlying controversy, but that Mr Petty’s court testimony was enough to secure his fate.
IMF WARNING TO GOVT ON DEFICIT: Spending expected to outpace income by three times forecast
The International Monetary Fund (IMF) last night blew a hole in the Government’s 2023-2024 Budget projections by warning the fiscal deficit will likely be almost three times’ higher than forecast.
200 hours of community service for debit card fraud
A MAN was ordered to complete 200 hours of community service yesterday after he admitted to using over $1,000 off a man’s debit card earlier this month.
Man found with 8 ounces of marijuana fined $1,000
A MAN was fined $1,000 after admitting to having more than eight ounces of marijuana in his Bain Town home last week.
Xavion signs deal with Bahamasair
With the rapid success he has achieved so far, judoka Xavion Johnson can now capitalise on his first local sponsorship deal, becoming the youngest partner of Bahamasair.
Inagua man jailed for alleged wounding of man with cutlass
A MAN was remanded after he allegedly wounded a man at a police station in Inagua and assaulted four others with a cutlass last week.
Women’s national soccer team prepare to host USVI
WITH a slightly different team that played in their first Gold Cup match, head coach Ricqea Bain is confident that the women’s national soccer team will perform much better as they christen the newly renovated field at the Roscoe Davies Developmental Center.
Junior tennis players off to college showcase in Maples
SEVEN of the country’s top junior players are heading off to Maples, Florida to participate in a college showcase, thanks to their involvement in Island Tennis Bahamas at the Atlantis resort on Paradise Island.
Briland ‘rolls with punches’ on Thanksgiving disruption
Harbour Island businesses yesterday said they had to “roll with the punches” over the Thanksgiving Day holiday weekend due to the loss of water supply and electricity woes.
Man accused of breaking into gas station sent to Sandilands
A MAN was sent to Sandilands Rehabilitation Centre after he allegedly attempted to break into a gas station in Andros earlier this year.
DEREK SMITH: The balance anti-money laundering officers strike
In an era where financial crime is as innovative as the technology that battles it, the role of the compliance officer in the anti-money laundering (AML) domain has never been more pivotal or pressured.
Cyber Monday beats retailer expectations
Retailers yesterday said Cyber Monday sales exceeded expectations as reduced prices and service deals drove increased consumer demand.
Gov’t unveils $1m grant to boost ‘food security’
The Small Business Development Centre (SBDC) yesterday received $1m in grant funding that will be distributed between small and medium-sized businesses to boost Bahamian “food security”.
WORLD VIEW: Breaking the OECD hold on global tax governance
“THE Organization for Economic Cooperation and Development (OECD) is nothing less than a Club of the world’s wealthiest countries which is determined to bend powerless countries to its will”. I wrote that statement in 2002 after four years of negotiations with the OECD against its unilateral imposition of a regime to counter what it called the ‘Harmful Tax Competition Initiative (HTCI)”, launched in 1998.
THE KDK REPORT: The changing tide
I was born in Nassau, Bahamas, many years after the 1960s civil rights movement and segregation fight that plagued America, our closest neighbour. So, as a young black child, with the fortune of time, I was mercifully and geographically shielded from the weight of my own complexion.
