| The Tribune

US unleashes $10m to aid clean energy

Washington - The US Agency for International Development (USAID) yesterday said it will make available $10 million in grant funding for clean energy projects in the Caribbean and Central Americas.

Ministry ‘aware’ of teacher shortage

CONCERNS have been raised about a teacher shortage at RN Gomez All Age School in Bullocks Harbour, Berry Islands.

Any crime ‘one too many’ for tourism

THE Bahamas Hotel & Tourism Association (BHTA) yesterday said any criminal act impacting the industry and its guests is “one too many” following the weekend’s John Bull robbery.

Cracking down on counterfeits

TEACHING Bahamian global trade professionals to detect the movement of counterfeit goods is the first step in preventing the island nation from being used as a hub for international money laundering and terrorist funding, Customs officers were told.

Anti-smuggling working focused on nuclear security

THE International Criminal Police Organisation (Interpol) in collaboration with the Royal Bahamas Police Force held an opening ceremony yesterday at the Melia Nassau Beach Hotel for an anti-smuggling workshop.

Financial analysts examining ethics

The Chartered Financial Analyst (CFA) Society of The Bahamas (the Society) has hosted an ethics training session under the theme How to do the right thing even when no one is watching.

EDITORIAL: TENSIONS RISE IN SPY POISONING CRISIS

At the time of our recent coverage in these columns of the stand-off between Britain and Russia over the much-publicised poisoning attack last month, diplomatic tensions seemed likely to escalate. In the ensuing days the crisis has predictably deepened, with continuing harsh rhetoric, mass expulsion of diplomats and threats from both sides of further retaliatory measures.

Effects of inflation

Inflation is the rate at which prices of goods and services rise and therefore the purchasing power of the currency is decreasing. I will argue that inflation has done more harm than good and is by design.

The Metaverse

ActivTrades

FACEBOOK recently changed its corporate name to Meta. This is a move that is more than just an attempt to deal with the brand erosion suffered over the last few years, as the controversy surrounding the social network increased due to hard targeting of users and accusations that its algorithms contribute to the polarisation of society through the dissemination of radical views and false information. The choice of name, Meta, hints at the future envisaged by Mark Zuckerberg for the company.

Shavonne Smith: Prepare to combat rise in cybercrime

In the first of a new series, Deloitte & Touche (Bahamas) Shavonne Smith urges companies to take prevention measures to the next level . . .

Nottage: We must encourage diversity

MINISTER of National Security Dr Bernard Nottage urged local and regional law enforcement agencies to match or exceed the diversity and co-operation exhibited by transnational organised crime groups operating across borders.

The Chinese connection

CHINA’S increasing involvement in the economy of The Bahamas is inevitably attracting controversy here. Having already invested heavily in Freeport (the harbour, container port, airport and hotels) and in New Providence (the huge Baha Mar project, new roads, a sports stadium, the British Colonial Hilton hotel), it now has plans for the redevelopment of downtown Nassau.

Bahamas regional HQ for cruise port winner

The winning Nassau cruise port bidder yesterday said it plans to make The Bahamas its regional headquarters for the Americas and invest $10m before sealing the deal with the Government.

Bad loans ‘too high’ - yet at 14-year low

The Central Bank’s governor says loan delinquencies are still “too elevated” compared to global standards even though - at 7 percent of total outstanding credit - they have fallen below pre-COVID levels and are at their lowest in 14 years.

Bahamas urged: Challenge EU in global court

The Bahamas must explore “a legal challenge” to the European Union’s (EU) latest attack before the International Court of Justice, an ex-attorney general urged last night.

Grant Thornton to merge with Baker Tilly Gomez

A BAHAMIAN accounting firm whose work was “misrepresented” to conceal an alleged fraud, according to US federal regulators, is leaving its parent network to merge with another local office.

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 PETER YOUNG COLUMN: Britain down and out - don’t you believe it

As a final reflection on our lengthy summer visit to England, I was genuinely puzzled by the degree of negativity, particularly in the media, about Britain and its status in the world. According to some, the nation’s standing and influence as a leading global power has suddenly been severely curtailed or even no longer exists. Such a view is often expressed by those who believe the UK’s departure from the European Union is an act of extreme folly and that it will be unable to prosper on its own.

KPMG: Crime ‘catastrophic’ for economy if unchecked

Crime will be “catastrophic” for the Bahamian economy if it continues to grow unchecked, with a top accounting firm calling for a complete overhaul of the education and security/justice systems to combat it.

Overcoming workplace generation differences

Much has been written on the behavioural tendencies of the different generations in the workplace.

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