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Bahamas beats airlines; US has ‘strong concerns’
Bahamian airlines yesterday escaped the threat of US sanctions after federal authorities rejected the aviation industry’s accusations that this nation’s air navigation fees regime is “discriminatory”.
Bahamas blacklisting ‘came out of left field’
EUROPE’s planned ‘blacklisting’ of the Bahamas has “come out of left field”, a former financial services minister expressing fears over the potential fall-out for correspondent banking and custodial relationships.Ryan Pinder, now a Graham, Thompson & Company attorney and partner, warned that the European Union’s (EU) branding of this nation as ‘non-cooperative’ in the fight against tax avoidance could result in foreign financial institutions viewing the Bahamas as ‘high risk’.
Bahamas braced for Joaquin
THE Bahamas is bracing for the impact of Hurricane Joaquin, which strengthened into a category three hurricane in the Atlantic last night and is predicted to drop 10 to 15 inches of rain over San Salvador and Rum Cay today, with up to five inches expected over the rest of the central Bahamas.
Bahamas ‘50% likely’ to suffer credit rating cut
The Bahamas faces “at least” a 50 per cent chance of a sovereign credit rating downgrade within the next 90 days, after Standard & Poor’s (S&P) last night placed this nation on ‘negative creditwatch’ due to Baha Mar’s Chapter 11 filing.
Investment weakness may expose Bahamas to ‘bottom feeders’
The Bahamas was yesterday warned to take the US government’s ‘investment climate’ concerns “very seriously”, as they potentially jeopardise this nation’s ability to attract “the best of the best investor class”.
Why should Bahamas be in 7% oil minority?
IT CREPT like a spider, softly climbing up our back. Suddenly, it appeared in front of our eyes: big and black, poised to strike.
Bahamas must be ‘more sophisticated’ in blacklist response
The Bahamas must employ a “more sophisticated response” to its ‘blacklisting’, a former Attorney General yesterday urging it to lobby for United Nations (UN) oversight of the matter.
Adventure of the Seas set for inaugural voyage from Nassau
AFTER a 50-year relationship with The Bahamas, Royal Caribbean Cruise Line has resumed sailing and will sail from Nassau during its inaugural homeport voyage on Saturday.
‘A great day for the sport of baseball’
After years of negotiating, the Bahamas Baseball Association finally welcomed members of the Junior Baseball League of Nassau, the Eleuthera Junior Baseball League, the Grand Bahama Little League and the Grand Bahama Senior Baseball under its umbrella, in a move that they say is for the betterment of the players who want to represent the Bahamas at the international level.
US hails Bahamas air agreement as 'win-win'
A top US official yesterday hailed the signing of an air transport agreement with The Bahamas as a “win-win” situation that paves the way for increased airlift and economic growth in both countries.David Short, the US Department of Transportation’s d
Doctors in 40% public GB hospital ownership
Doctors Hospital is planning to offer at least a 40 percent collective ownership stake to Grand Bahamians in the $15m-$20m hospital it plans to open on that island by the 2022 second quarter.
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.
Bahamas faces ‘hostile economic dismantling’
The FNM’s deputy leader yesterday accused the OECD and other foreign actors of
FACE TO FACE – Commodore Bethel: Name our waters the ‘Lucayan Sea’
The beautiful waters of the Bahamas are a treasure trove of natural resources that could become a symbol for world peace, paying homage to a rich past and guiding the way toward a bright future.
DNA: Government has abandoned Grand Bahama
DNA Leader Branville McCartney yesterday criticised the government for “abandoning” the island of Grand Bahama, further lambasting the Christie administration for giving Grand Bahamians “warped plans and initiatives” that have done nothing to revitalise the island’s economy.
Bahamas routs Bermuda 57-38 in CBC opener
DESPITE a relatively new supporting cast, the defending champions staked their claim as early favourites at the Caribbean Basketball Confederation Championships.
Bahamas ‘notorious’ for legal profession’s ‘closed shop policy’
The Bahamas has become “notorious for its ‘closed shop policy’” that prevents foreign attorneys practicing in this nation, a Cabinet Minister yesterday confirming this was driving away financial services business.
Mitchell creating relations with Middle East
LAST year, Foreign Affairs Minister Fred Mitchell announced that he was taking a year off to create relationships that would assist in the development of business and investment for the Bahamas. His first target was the Middle East — specifically the United Arab Emirates and Qatar.
Bahamas urged to refine its own oil
By NATARIO McKENZIE
BOB turnaround to last 18-24 months
Bank of the Bahamas’ turnaround will take at least 18-24 months, its chairman has implied, with a Restructuring Committee appointed to oversee its progress.