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‘U.S. playing dirty with spy claims’

THE Chinese Embassy in The Bahamas said reports that China has spied on Americans via Caribbean phone networks are false and another attempt by the United States to sow discord between China and Caribbean countries.

PETER YOUNG: Summits galore for world leaders

The ubiquitous and apparently tireless President Volodymyr Zelensky of Ukraine is perhaps today’s busiest leader on the world stage.

12 ambulances donated to the Bahamas after Hurricane Dorian

THE National Emergency Management Services received a boost to its fleet of emergency service vehicles after Global Medical Response donated 12 ambulances in the aftermath of Hurricane Dorian. The first donation of four ambulances took place on Sept

PM urges UN to take leading role as arbiter in international tax cooperation and administration issues

In his address at the G77+China Summit in Havana, Cuba, Prime Minister Philip “Brave” Davis firmly advocated for the United Nations to oversee international tax cooperation and administration.

Regulator levies $48,000 fine on 'wind-up' broker

THE Securities Commission of the Bahamas has fined a failed broker/dealer a collective $48,000 for "consistently" failing to meet its monthly and annual filing obligations, its ruling coming almost five months after the company was placed into Supreme Court-supervised liquidation.

Regulation ‘suspicions’ delay oil explorer’s JV partner search

The Bahamas Petroleum Company’s (BPC) efforts to secure a joint venture exploration partner have been hit by increasing “suspicions” over the Government’s delay in releasing the new regulatory platform for the sector, it was revealed yesterday.

‘Find the sweet spot’ for financial services

The Bahamas must “find the sweet spot” between meeting regulatory and market demands if its financial services industry is to survive and remain a key growth driver, a top QC has warned.

INSIGHT: Why the Paradise Papers passed us by

Two years ago, publication of the Panama Papers caused the principals of law firm Mossack, Fonseca to be arrested by Panamanian authorities for assisting their clients managed from that somewhat shady Latin American base. Now, the Paradise Papers cause Appleby, the blue-chip firm in straight-laced Bermuda, to stoutly insist its clients are innocent of any wrongdoing, and that confidential documents were stolen by determined internet hackers.

Nassau world’s 5th most expensive city for hotel vacations

Nassau’s was yesterday ranked as the fifth most expensive city in the world for hotel accommodation, a finding that will further raise concern that this nation is slowly pricing itself out of the global tourism market.

Mitchell launches bid to secure Fox Hill victory in 2017 election

FOX Hill MP Fred Mitchell last night launched his re-election campaign, pledging to spend the majority of his time, if victorious in the 2017 general elections, combating social ills in the constituency.

PM meets with community leaders and investors in Chicago

PRIME Minister Philip “Brave” Davis will return to the Bahamas today after meeting in Chicago yesterday with several community leaders and investors.

Bahamas promotes wealth management in New York

The Bahamas has hosted a New York breakfast briefing on how international financial centres (IFCs) can be used to grow and maintain private family wealth. The Bahamas Financial Services Board (BFSB) teamed with the Ministry of Financial Services to

PM confirms Baha Mar sale to Chow Tai Fook Enterprises

PRIME Minister Perry Christie has confirmed the sale of Baha Mar to Hong Kong-based conglomerate Chow Tai Fook Enterprises Ltd (CTFE).

Michael Halkitis takes issue with Tribune headline

MICHAEL Halkitis, Minister of State for Finance, has taken issue with a headline in yesterday’s Tribune.

SPORTS NOTES

WILL the Bahamas men’s basketball team finally make it to the Olympics?

RBC OPENS NEW OFFICE AT ALBANY

Royal Bank of Canada (RBC) has moved closer to its high net worth clients by opening an office at Albany to serve such customers.

Oil ‘majors’ in talks on Bahamas exploration

The Bahamas Petroleum Company (BPC) is in talks with “major” oil industry players over a $100 million joint venture partnership for its first $100 million exploratory well, and renewed its pledge to eventually offer shares to local investors via dual listing on BISX.

Services Coalition ‘irony’ over WTO

Lack of private sector involvement has been a key factor in why the Bahamas’ bid for full World Trade Organisation (WTO) membership has lasted 15 years and counting, a former Securities Commission principal believes.

WORLD VIEW: For Caribbean, relations with U.S. and China is not one or the other

ON October 12, more than a dozen representatives in the US Congress sent a letter to the US Trade Representative, Katherine Tai, asking for immediate attention to what they describe as “the growing influence of the Chinese Communist Party in both Latin America and the Caribbean trade and economic development”.

Global Witness quits blood diamonds regulator

By DONNA BRYSON Associated Press JOHANNESBURG (AP) -- A major human rights watchdog left the international body charged with keeping blood diamonds off the market, accusing the regulatory group of refusing to address links between the gems, violence and t

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