Hubert Ingraham may be "blacker" than Hubert Minnis, but Ingraham is a quick learner who could think on his feet, jump when he has too, which is seldom, burn the midnight oil frequently, has proven that he can be trusted to carry out mandates and knows how to wring those hands when it comes time to beg (I meant 'ask') for FNM money. Minnie may still be stuck in the "I Ger Be Me" mode which is not working for him.
is hubert minnis too black to get FNM financing? That is not said in light of the color of his skin and despite the fact that all the six rebelling are of a lighter hue. But did Hubert Minnis not learn enough House manners to be funded by the FNM? Just look look at the people who are singing the loudest and make your own judgment. So Hubert is no Sir Orville Turnquest or No Hubert Ingraham or not even Sir Arlington Butler so maybe he is too black to handle FNM money. Just asking?
did the chinese steal the bahamian economic recovery? Last year and earlier this year when I suggested that the Bahamas economy was contracting and may be headed for another recession despite not recovering from 2008, persons said I was too negative and should not speak evil on the Bahamas. But now some months later the country is facing a downgrade, maybe even to junk status. Nothing to take lightly at all but was it something of our own doing? For example even with Bah Mar not yet opening would things be a lot different if only 1/3 of the labor force for that project was Local Bahamians? If only $500 million of Bah Mar's labor money had trickled into the economy, it would have been enough to stimulate the 1.5% growth that was need over the past two years. So what caused this government to enter this agreement with the Chinese? Why is the same thing been done at 'The Pointe' ? What China is doing is growing its economy by exporting its unemployed workers all around the world, not just the Bahamas and they use Chinese labor and Chinese financing and Chinese materials and for some reason the projects hardly get completed and never on time Not unlike Bah Mar and so there is no benefit to the host country. So the projects sit incomplete and idle as if in mockery to the local people. But what did the government do to stimulate the economy when it was patently clear Bah Mar was not opening on time and may not even open soon. Businesses were closing down left right and center even before this government came to office. More businesses have closed since 2008 probably than any other time in Bahamian history. Some of the only stores have closed in some family island settlements and in some of the inner city communities leaving residents to have to travel great distances for basic necessities. And the unemployment has increased and the crime sky rocketed. But government never once looked at the local economy. They never sought to rescue local businesses and save jobs, but instead they piled on tax after tax after tax. Then they stood up and bragged about how much they had raped from the Bahamian economy and the Bahamian people and the local Bahamian business, and the Chines are asking for more tax breaks, and more concessions and more work permits and now even citizen ships, when not even one guest has slept in Bah Mar yet and should it surprise you or anyone else that the country credit rating is under pressure to go to junk status even? You ain't serious! Yet the government in the media almost everyday about how much better managers they are of the economy than the previous government. Explain how they collecting the largest amount of taxes from local Bahamians while the entire country is experiencing its highest rate of employment and projects like Bah Mar and Freeports port authority and others are getting the greatest amount of tax breaks and concessions and you ain't know why my light off. You ain't serious
Perry Christie will have more riding on this election than any other candidate. If he is unable to get the stalled and shuttered Bah Mar up, opened and running before may 2017, his entire legacy as a politician and prime minister will be riding on the next election. Winning the election will give him another, maybe final, window of chance to fix the Bah Mar saga, Bah Mar is, without doubt, the biggest political and economic blunder this country has seen and whilst, the world economy is down, many and attributing the hard economic times to the present government. Their 'tax Bahamians more' policy has led to record high prices in the food stores driving the cost of living beyond the reach of many, while many of the projects that received tax breaks and concessions remain idle. The plans the government are now trying to put in place may be a little bit too late to win votes at election 2017. Then there is the lost of trust even among die hard PLP supporters. They have found plenty reasons not to trust this government, as the referendum confirms,. Crime is still up, unemployment is at record levels too and many believe 'any change would be better than we is now."
> Blockq"The value of goods that crossed international borders last year fell 13.8 per cent in dollar terms — the first contraction since 2009 — according to the Netherlands Bureau of Economic Policy Analysis’s World Trade Monitor. Much of the slump was due to a slowdown in China and other emerging economies.
The new data released on Thursday represent the first snapshot of global trade for 2015. But the figures also come amid growing concerns that 2016 is already shaping up to be more fraught with dangers for the global economy than previously expected.
Those concerns are casting a shadow over a two-day meeting of G20 central bank governors and finance ministers due to start on Friday. Mark Carney, the Bank of England governor, was set to warn the gathering that the global economy risked “becoming trapped in a low growth, low inflation, low interest rate equilibrium”.uote
This is in line with what has been happening around the world since 2015, which many felt was the worst year for shipping cargo since 2011. In fact no cargo ships left Asia for the first three months of 2016 and many claim that shipping and trade was at a standstill. Some owners of cargo ships claimed that even when the ships were moving, the loads were not at capacity and many pondered parking their ships until things got better: .' The Baltic Dry Index is down about 98 percent from its peak of 11,793 points in May 2008, marking its lowest level since the records began in 1985, Reuters reported.
“Trade really is slowing. Bellwethers, from giant port operator DP World to the Association of American Railroads and purchasing-manager indexes worldwide, all point to decelerating volume. That bodes poorly for growth, but it is way too early to set alarms ringing outside the transport industry,” analyst Tim Worstall told the Wall Street Journal.
Maersk, the world’s largest shipping container operator by capacity, reported an 84 percent plunge in 2015 profit after its oil unit was hit by lower energy prices, and its shipping-container division got squeezed in slower global trade. Shares fell the most in almost a year on the news Wednesday." . "The Shipping Industry Is Suffering From China’s Trade Slowdown So many boats, so little cargo as Chinese exports and imports drop. Bruce Einhorn " . "As of March 2016, it costs around $400 to move a 40-foot container from Shenzhen to Rotterdam, which is barely enough to cover the cost of fuel, handling, and Suez Canal fees. Here’s some more context. Let’s say that you want to travel for a year; it’s cheaper to put your personal belongings in a shipping container as it sails around the world than to keep it at a local mini-storage facility.
No ocean carrier can earn returns above its cost of capital at these price levels.
A slowdown in demand has contributed to this price collapse, but it can’t entirely explain record low freight prices. In spite of a very real downturn in Chinese exports, trade volumes remain higher than just a few years ago, when container shipping prices were relatively high." .
Airports with most passengers. Atlanta is still number 1. .
Rank Airport Location Country Code (iata/icao) Total passengers Rank Change % Change 1. United States Hartsfield–Jackson Atlanta International Airport Atlanta, Georgia United States atl/katl 101,491,106 Steady Increase5.5%. .
2. China Beijing Capital International Airport Chaoyang-Shunyi, Beijing China pek/zbaa 89,938,628 Steady Increase4.4%. .
3. United Arab Emirates Dubai International Airport Garhoud, Dubai United Arab Emirates dxb/omdb 78,014,841 Increase3 Increase10.7%. .
4. United States O'Hare International Airport Chicago, Illinois United States ord/kord 76,942,493 Increase3 Increase9.8%. .
5. Japan Tokyo Haneda Airport Ōta, Tokyo Japan hnd/rjtt 75,316,718 Decrease1 Increase3.4%.
6. United Kingdom London Heathrow Airport Hillingdon, London United Kingdom lhr/egll 74,989,795 Decrease3 Increase2.2% 7. United States Los Angeles International Airport Los Angeles, California United States lax/klax 74,937,004 Decrease2 Increase6.1% 8. Hong Kong Hong Kong International Airport Chek Lap Kok, Hong Kong Hong Kong hkg/vhhh 68,283,407 Increase2 Increase8.2% 9. France Paris-Charles de Gaulle Airport Roissy-en-France, Île-de-France France cdg/lfpg 65,766,986 Decrease1 Increase3.1% 10. United States Dallas/Fort Worth International Airport Dallas-Fort Worth, Texas United States dfw/kdfw 64,072,468 Decrease1 Increase0.9% 11. Turkey Istanbul Atatürk Airport Yeşilköy, Istanbul Turkey ist/ltba 61,836,781 Increase2 Increase9.2% 12. Germany Frankfurt Airport Frankfurt, Hesse Germany fra/eddf 61
The most expensive airports ever built are: Kansai International in osaka Japan at a cost of$20 Billion. Hong Kong International also at $20 billion,, Almaktown international at 412 billion, London Heathrow at 410.5 billion, Bejing Capital at $8.5 billion, Dubi International at 6 billion and Berlin Brandenberg at $5.5 billion.
> List of Most Luxurious Airports in the World: Sr.No. Names 1 Haneda Airport in Tokyo, Japan 2 Narita International Airport in Tokyo, Japan 3 Kansai International Airport in Osaka, Japan 4 Toronto Pearson International Airport in Toronto, Canada
Do you know none of the TOP 25 airports are located in the USA. In fact most of Americas airports are too small to handle the volume of tourists travelling through them and many are out-dated. It will take 5 years and $60 billion to bring Americas most active airports up-to-date
One part of the problem is LPIA is underutilized. The opening of Bah Mar was suppose to increase passengers at the airport and, one year later, government has done nothing to replace this loss in stop over tourists. A 12 once of locally produced drinking water cost $3.49 plus vat ($3.75 total) in the departure lounge Fort Lauderdale is $3.29 for a 20 once sport bottle of Nestle water. Beers are around $8.00 or $9.00 (Fort Lauderdale is $10.00 a pop) Airports are getting more expensive and so is car rentals. While they will tell you a mid size in Florida costs $35 -$40 a day to rent, the final cost will be around $80.00 a day. Places like detroit is even more and if you travel in the winter they will always try to upgrade you to a suv because of snow and ice on the road. Now because of recent attack on persons on the outside of an airport they are saying they will now have to provide more security on the perimiters of airports. Of course this will translate into additional fees to travellers so LPIA will follow suit.
John says...
Hubert Ingraham may be "blacker" than Hubert Minnis, but Ingraham is a quick learner who could think on his feet, jump when he has too, which is seldom, burn the midnight oil frequently, has proven that he can be trusted to carry out mandates and knows how to wring those hands when it comes time to beg (I meant 'ask') for FNM money. Minnie may still be stuck in the "I Ger Be Me" mode which is not working for him.
On Fears ease over funding for FNM
Posted 4 July 2016, 3:17 p.m. Suggest removal
John says...
is hubert minnis too black to get FNM financing? That is not said in light of the color of his skin and despite the fact that all the six rebelling are of a lighter hue. But did Hubert Minnis not learn enough House manners to be funded by the FNM? Just look look at the people who are singing the loudest and make your own judgment. So Hubert is no Sir Orville Turnquest or No Hubert Ingraham or not even Sir Arlington Butler so maybe he is too black to handle FNM money. Just asking?
On Fears ease over funding for FNM
Posted 4 July 2016, 1:04 p.m. Suggest removal
John says...
did the chinese steal the bahamian economic recovery? Last year and earlier this year when I suggested that the Bahamas economy was contracting and may be headed for another recession despite not recovering from 2008, persons said I was too negative and should not speak evil on the Bahamas. But now some months later the country is facing a downgrade, maybe even to junk status. Nothing to take lightly at all but was it something of our own doing? For example even with Bah Mar not yet opening would things be a lot different if only 1/3 of the labor force for that project was Local Bahamians? If only $500 million of Bah Mar's labor money had trickled into the economy, it would have been enough to stimulate the 1.5% growth that was need over the past two years. So what caused this government to enter this agreement with the Chinese? Why is the same thing been done at 'The Pointe' ? What China is doing is growing its economy by exporting its unemployed workers all around the world, not just the Bahamas and they use Chinese labor and Chinese financing and Chinese materials and for some reason the projects hardly get completed and never on time Not unlike Bah Mar and so there is no benefit to the host country. So the projects sit incomplete and idle as if in mockery to the local people. But what did the government do to stimulate the economy when it was patently clear Bah Mar was not opening on time and may not even open soon. Businesses were closing down left right and center even before this government came to office. More businesses have closed since 2008 probably than any other time in Bahamian history. Some of the only stores have closed in some family island settlements and in some of the inner city communities leaving residents to have to travel great distances for basic necessities. And the unemployment has increased and the crime sky rocketed. But government never once looked at the local economy. They never sought to rescue local businesses and save jobs, but instead they piled on tax after tax after tax. Then they stood up and bragged about how much they had raped from the Bahamian economy and the Bahamian people and the local Bahamian business, and the Chines are asking for more tax breaks, and more concessions and more work permits and now even citizen ships, when not even one guest has slept in Bah Mar yet and should it surprise you or anyone else that the country credit rating is under pressure to go to junk status even? You ain't serious! Yet the government in the media almost everyday about how much better managers they are of the economy than the previous government. Explain how they collecting the largest amount of taxes from local Bahamians while the entire country is experiencing its highest rate of employment and projects like Bah Mar and Freeports port authority and others are getting the greatest amount of tax breaks and concessions and you ain't know why my light off. You ain't serious
On Bahamas facing Moody's downgrade threat in two months
Posted 4 July 2016, 12:55 p.m. Suggest removal
John says...
Perry Christie will have more riding on this election than any other candidate. If he is unable to get the stalled and shuttered Bah Mar up, opened and running before may 2017, his entire legacy as a politician and prime minister will be riding on the next election. Winning the election will give him another, maybe final, window of chance to fix the Bah Mar saga, Bah Mar is, without doubt, the biggest political and economic blunder this country has seen and whilst, the world economy is down, many and attributing the hard economic times to the present government. Their 'tax Bahamians more' policy has led to record high prices in the food stores driving the cost of living beyond the reach of many, while many of the projects that received tax breaks and concessions remain idle. The plans the government are now trying to put in place may be a little bit too late to win votes at election 2017. Then there is the lost of trust even among die hard PLP supporters. They have found plenty reasons not to trust this government, as the referendum confirms,. Crime is still up, unemployment is at record levels too and many believe 'any change would be better than we is now."
On Fitzgerald: Election will be test of voter's view on PLP
Posted 1 July 2016, 4:20 p.m. Suggest removal
John says...
> Blockq"The value of goods that crossed international borders last year fell 13.8 per cent in dollar terms — the first contraction since 2009 — according to the Netherlands Bureau of Economic Policy Analysis’s World Trade Monitor. Much of the slump was due to a slowdown in China and other emerging economies.
The new data released on Thursday represent the first snapshot of global trade for 2015. But the figures also come amid growing concerns that 2016 is already shaping up to be more fraught with dangers for the global economy than previously expected.
Those concerns are casting a shadow over a two-day meeting of G20 central bank governors and finance ministers due to start on Friday. Mark Carney, the Bank of England governor, was set to warn the gathering that the global economy risked “becoming trapped in a low growth, low inflation, low interest rate equilibrium”.uote
On Bahamas exports decline by 36% to five-year low
Posted 1 July 2016, 2:20 p.m. Suggest removal
John says...
This is in line with what has been happening around the world since 2015, which many felt was the worst year for shipping cargo since 2011. In fact no cargo ships left Asia for the first three months of 2016 and many claim that shipping and trade was at a standstill. Some owners of cargo ships claimed that even when the ships were moving, the loads were not at capacity and many pondered parking their ships until things got better:
.'
The Baltic Dry Index is down about 98 percent from its peak of 11,793 points in May 2008, marking its lowest level since the records began in 1985, Reuters reported.
“Trade really is slowing. Bellwethers, from giant port operator DP World to the Association of American Railroads and purchasing-manager indexes worldwide, all point to decelerating volume. That bodes poorly for growth, but it is way too early to set alarms ringing outside the transport industry,” analyst Tim Worstall told the Wall Street Journal.
Maersk, the world’s largest shipping container operator by capacity, reported an 84 percent plunge in 2015 profit after its oil unit was hit by lower energy prices, and its shipping-container division got squeezed in slower global trade. Shares fell the most in almost a year on the news Wednesday."
.
"The Shipping Industry Is Suffering From China’s Trade Slowdown
So many boats, so little cargo as Chinese exports and imports drop.
Bruce Einhorn "
.
"As of March 2016, it costs around $400 to move a 40-foot container from Shenzhen to Rotterdam, which is barely enough to cover the cost of fuel, handling, and Suez Canal fees. Here’s some more context. Let’s say that you want to travel for a year; it’s cheaper to put your personal belongings in a shipping container as it sails around the world than to keep it at a local mini-storage facility.
No ocean carrier can earn returns above its cost of capital at these price levels.
A slowdown in demand has contributed to this price collapse, but it can’t entirely explain record low freight prices. In spite of a very real downturn in Chinese exports, trade volumes remain higher than just a few years ago, when container shipping prices were relatively high."
.
On Bahamas exports decline by 36% to five-year low
Posted 1 July 2016, 2:19 p.m. Suggest removal
John says...
Airports with most passengers. Atlanta is still number 1.
.
Rank Airport Location Country Code
(iata/icao) Total
passengers Rank
Change %
Change
1. United States Hartsfield–Jackson Atlanta International Airport Atlanta, Georgia United States atl/katl 101,491,106 Steady Increase5.5%.
.
2. China Beijing Capital International Airport Chaoyang-Shunyi, Beijing China pek/zbaa 89,938,628 Steady Increase4.4%.
.
3. United Arab Emirates Dubai International Airport Garhoud, Dubai United Arab Emirates dxb/omdb 78,014,841 Increase3 Increase10.7%.
.
4. United States O'Hare International Airport Chicago, Illinois United States ord/kord 76,942,493 Increase3 Increase9.8%.
.
5. Japan Tokyo Haneda Airport Ōta, Tokyo Japan hnd/rjtt 75,316,718 Decrease1 Increase3.4%.
6. United Kingdom London Heathrow Airport Hillingdon, London United Kingdom lhr/egll 74,989,795 Decrease3 Increase2.2%
7. United States Los Angeles International Airport Los Angeles, California United States lax/klax 74,937,004 Decrease2 Increase6.1%
8. Hong Kong Hong Kong International Airport Chek Lap Kok, Hong Kong Hong Kong hkg/vhhh 68,283,407 Increase2 Increase8.2%
9. France Paris-Charles de Gaulle Airport Roissy-en-France, Île-de-France France cdg/lfpg 65,766,986 Decrease1 Increase3.1%
10. United States Dallas/Fort Worth International Airport Dallas-Fort Worth, Texas United States dfw/kdfw 64,072,468 Decrease1 Increase0.9%
11. Turkey Istanbul Atatürk Airport Yeşilköy, Istanbul Turkey ist/ltba 61,836,781 Increase2 Increase9.2%
12. Germany Frankfurt Airport Frankfurt, Hesse Germany fra/eddf 61
On NAD eyes fee rise after $15.1m loss
Posted 1 July 2016, 8:58 a.m. Suggest removal
John says...
The most expensive airports ever built are:
Kansai International in osaka Japan at a cost of$20 Billion. Hong Kong International also at $20 billion,, Almaktown international at 412 billion, London Heathrow at 410.5 billion, Bejing Capital at $8.5 billion, Dubi International at 6 billion and Berlin Brandenberg at $5.5 billion.
On NAD eyes fee rise after $15.1m loss
Posted 30 June 2016, 7:56 p.m. Suggest removal
John says...
> List of Most Luxurious Airports in the World:
Sr.No. Names
1 Haneda Airport in Tokyo, Japan
2 Narita International Airport in Tokyo, Japan
3 Kansai International Airport in Osaka, Japan
4 Toronto Pearson International Airport in Toronto, Canada
Do you know none of the TOP 25 airports are located in the USA. In fact most of Americas airports are too small to handle the volume of tourists travelling through them and many are out-dated. It will take 5 years and $60 billion to bring Americas most active airports up-to-date
On NAD eyes fee rise after $15.1m loss
Posted 30 June 2016, 7:13 p.m. Suggest removal
John says...
One part of the problem is LPIA is underutilized. The opening of Bah Mar was suppose to increase passengers at the airport and, one year later, government has done nothing to replace this loss in stop over tourists. A 12 once of locally produced drinking water cost $3.49 plus vat ($3.75 total) in the departure lounge Fort Lauderdale is $3.29 for a 20 once sport bottle of Nestle water. Beers are around $8.00 or $9.00 (Fort Lauderdale is $10.00 a pop) Airports are getting more expensive and so is car rentals. While they will tell you a mid size in Florida costs $35 -$40 a day to rent, the final cost will be around $80.00 a day. Places like detroit is even more and if you travel in the winter they will always try to upgrade you to a suv because of snow and ice on the road. Now because of recent attack on persons on the outside of an airport they are saying they will now have to provide more security on the perimiters of airports. Of course this will translate into additional fees to travellers so LPIA will follow suit.
On NAD eyes fee rise after $15.1m loss
Posted 30 June 2016, 7:09 p.m. Suggest removal