| The Tribune

Getting to the root cause by killing seeds of crime

Allianz Global Corporate and Specialty (AGCS), in a June 15, 2022, report has predicted an increase in strikes, riots, violent protest and general social disorder on a global scale. This continued upheaval has been associated with the post-COVID fall-out, and the increased cost of living that comes with scarce basic human necessities. The United Nations secretary-general, speaking of the war in Ukraine, which has impacted more than 30 percent of the world’s wheat production, said in March: “All of this is planting the seeds of political instability and unrest around the globe.”

Target ‘big boys’ first with corporate taxes

The Bahamas should initially only target companies generating more than $5m or $10m in annual net profits with a corporate income tax, a well-known attorney is arguing.

BISX listing part of 'more rigorous' debt oversight

Listing $3bn in bonds on the Bahamas International Securities Exchange (BISX) links directly to plans for “more structure and rigour” in managing government debt, it was revealed yesterday.K Peter Turnquest, deputy prime minister, told Tribune Busin

Christmas ‘make or break’ for local retail

A Bahamas Federation of Retailers co-chair yesterday warned the upcoming Christmas season will be “make or break” for many merchants still grappling with the COVID-19 pandemic’s devastating economic fall-out.

RODERICK SIMMS: Foresight needed to drive growth via global business

Fostering economic growth is of utmost importance for an island nation such as The Bahamas if it is to secure a prosperous and sustainable future. One highly effective strategy to achieve this goal is giving priority to growing the international economy. While we previously discussed the significance of growing the local economy, it is essential to recognise that the easiest way to stimulate economic growth in the local economy is by first fostering growth in its international equivalent.

PETER YOUNG: Sunak’s trade agreement with the United States a considerable success for his administration

STUDYING the US media coverage of last week’s two-day visit to Washington by British Prime Minister Rishi Sunak, I was struck by comments that somehow the UK had turned in on itself after withdrawing from the European Union. Such a claim is not borne out by the facts. There has been no retreat by Britain from the world stage. On the contrary, the reverse is the case.

FRONT PORCH: If you can, take the vaccine, because this crisis is far from over

The COVID-19 pandemic is arguably the most significant discrete global event since World War II, with just about every country affected, over 2.7 million dead and the death toll rising even as vaccine scepticism and anti-vaccine mindsets have taken hold among many millions globally. The economic devastation is widespread, though there are hopeful signs for recovery in some countries.

PETER YOUNG: So much talking as the desperate continue to die

The screaming UK media headlines said it all – “Tragedy in the Channel”.

Number Portability to launch Sept. 3

THE Utilities Regulation and Competition Authority (URCA) said yesterday that number portability for landline services would be launched on September 3, creating a “strong competitive enabler” in the telecommunications sector.

In Ya Ear 2013 Music In Review

WITH JUST weeks left in 2013, In Ya Ear reflects on some of the most outstanding music highlights of the year. From the Caribbean Slide to the most recent Avante Guarden Global Battle of the Bands win, these artists made a memorable impact on the 2013 music scene this year.

Alfred Sears calls for 'sensitivity' in immigration approach

FORMER Attorney General Alfred Sears said the government needs to "exercise the level of sophistication" and "sensitivity" in "harmonising" its local and international obligations while enforcing its new immigration policies.

Tourist shoppers: VAT refund to fall to 85%

Visiting duty-free shoppers will be refunded 85 per cent of their Value-Added Tax (VAT) payments from July 1 this year, when the Government’s private sector contractor takes over management of the process.

VP visit is opportunity on climate

US Vice President Kamala Harris’ visit to The Bahamas presents an ideal opportunity to jumpstart our national sustainability and resilience-building efforts in the face of the urgent threats to our economy and communities posed by global warming and climate change.

Shipping costs rise 40% for new price pressures

Bahamian consumers and businesses were yesterday warned that local goods prices will be unable to escape the fall-out from a 40 per cent increase in shipping costs over the the past three months.

‘Quality new credit’ hard to find with $127m drop

Fidelity Bank (Bahamas) says the more than $127m collective decline in outstanding mortgage and consumer loans during 2022 shows “quality new credit” and borrowers will be tough to find despite the economy’s rebound.

Hopes fade of eradicating hunger in region by 2030

GLOBAL Health organizations have reported that the ambitious goal to eradicate hunger by 2030 is becoming increasingly unobtainable as the number of people suffering in the region steadily increases.

EDITORIAL: EU DEMANDS AND NEW THREATS OF BLACKLISTING

THE most recent action by the European Union to include The Bahamas in a list of 23 nations categorised as a ‘high risk’ financial crime jurisdiction has brought to the fore once more the issue of our compliance with international standards in the fight against such crime.

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