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FTX’s Bahamas cash shrank 76% in month before collapse
Cash assets held by FTX’s Bahamian subsidiary were “materially depleted” to the extent they shrank by 76 percent - or more than three-quarters - in the five weeks immediately prior to the crypto exchange’s implosion.
Mailboat runs aground off Egg Island
A GROUP of passengers and crew members had to be evacuated from the M/V Legacy after the mailboat ran aground in waters near Egg Island off Spanish Wells, Eleuthera, on Wednesday morning.
36th St Valentine’s Day Regatta in Montagu Bay February 18-19
IN keeping the memory of their father alive, the family of the late Eleazor ‘the Sailing Barber’ Johnson will continue with the 36th edition of the St Valentine’s Day Regatta in Montagu Bay next weekend.
Aviation fees dispute hits ‘diplomatic level’
THE DEPUTY prime minister says the Government is engaging at the “diplomatic level” with the US government over airline accusations that The Bahamas’ air navigation fees are discriminatory and anti-competitive.
A clean sweep
It was a clean sweep of all four divisional titles in the Bahamas Association of Independent Secondary Schools 2023 best-of-three basketball championships that ended last night at the Kendal Isaacs Gymnasium.
BPL to re-enter hedging via 15% fuel cost lock-in
Bahamas Power & Light (BPL) yesterday signalled its intent to re-enter the fuel hedging market just one day after the Prime Minister sought to discredit how the strategy was employed by the former administration.
Man fined for causing injury and damaging car
A MAN was fined in court yesterday and ordered to financially compensate a man he admitted to injuring and damaging his car on Arawak Cay.
Tennis ace Justin Roberts looking forward to productive season
AFTER sitting out for the past two months and-a-half with an injury, the Bahamas’ top ranked international tennis player Justin Roberts is back and is looking forward to a productive season this year.
Return of Chickcharney Challenge has ‘decent turn out’
THE Chickcharney Challenge’s ‘return’ is now officially in the books, with event organisers already setting their sights on a possible relay event which they hope can be held in tandem with the country’s upcoming 50th anniversary of Independence celebrations.
Cougars take Game 1
BAHAMAS ASSOCIATION OF INDEPENDENT SECONDARY SCHOOLS BASKETBALL FINALS
The Charles W Saunders Cougars took the early bragging rights over the Jordan Prince Williams Falcons in the showdown of the two Baptist schools in the senior boys’ finals of the Bahamas Association of Independent Secondary Schools last night.
Star Performers Track Classic produces three CARIFTA-qualifying performances on field
THE Star Trackers Track Club’s 2023 Star Performers Track and Field Classic on Saturday produced three qualifying performances on the field in the same event, despite the inclement weather that forced officials to cut short the meet at the Thomas A Robinson Track and Field Stadium.
Primary School Basketball Champions crowned
THE members of the Carlton E Francis girls’ basketball team knew that there was no better way to keep the memory alive of their beloved deceased coach Sherman Smith than winning the New Providence Public Primary Schools Sports Association mini basketball tournament.
Star Trackers Classic has CARIFTA qualifiers
DESPITE the inclement weather, which forced officials to finish the meet ahead of time, at least a pair of CARIFTA Games qualifying standards were established in the same event at the Star Trackers Track Classic on Saturday.
Man wanted for stealing
GRAND Bahama Police are searching for a man accused of stealing by reason of service.
Bahamian liquidators say ‘no’ to DOJ FTX examiner
FTX’s Bahamian liquidators are opposing the US Justice Department’s bid for an investigator to probe the crypto exchange’s collapse on the grounds it is overkill and will cost creditors “tens of millions of dollars”.
No shortage of support
Allow me to respond to your recent article in The Tribune in the Tuesday, January 31, edition, concerning the “Lack of Support” by the Anglican Clergy towards the State Recognised Funeral of the Hon. Justice Roger Keith Gomez, Sr (Ret). I do not believe there was a “lack of support”.
Overall winners of Macedonia Baptist Church Men’s Anniversary Family Fun Run/Walk Race awarded
ANTHONY Saunders, Holly Ferguson, Earl Bethel and Alicia Williams emerged as the overall winners of the men and women run and walk races in the Macedonia Baptist Church Men’s Anniversary 2023 Family Fun Run/Walk Race held on Saturday.
Carlton E Francis, CW Sawyer undefeated in mini basketball tournament
CARLTON E Francis and CW Sawyer finished undefeated in their five games played as the two days of the round robin segment of the New Providence Public Primary School Sports Association’s Mini Basketball Tournament closed out yesterday at the Kendal Isaacs Gymnasium.
Hotels eyeing ‘unprecedented forward bookings’ during 2023
The Bahamas Hotel and Tourism Association’s (BHTA) president yesterday disclosed the industry is eyeing “unprecedented levels of forward bookings” for the 2023 first half and full year after December beat historical trends by 10 percent.
57-year-old man accused of rape of 21-year-old woman remanded
A 57-year-old man was sent to prison yesterday after being accused of raping a 21-year-old woman earlier this month.