Presumably Deltec will now try sell what's left of its business to Ansbacher as the only potential buyer in town for offshore banks throwing in the towel. LMAO
You made it very clear you don't like "ex-pats". But legal ex-pats are not the problem. It's the many thousands of illegal aliens in our country sending whatever funds they can back home to their families who are the much bigger problem for our foreign currency reserves.
Please Mr. Editor, no more leftist leaning never Trumper hogwash from Malcolm Strachan. Just how anti-American can The Tribune possibly be?!! It's better to just leave space on The Tribune page blank.
Nassau Cruise Port's projections for the numbers of cruise ship passenger arrivals to the Bahamas during the next year or so and over the next decade are truly wishful thinking and more like pie in the sky.
Had the risks associated with the current $130 million bond offering been given proper recognition, the interest rate on the bonds would have been set well upwards of 20% rather than 8%. And even at a much higher interest rate than one offered, it will take investors with an unusual appetite for great risk to subscribe for any of these bonds.
Never under estimate the the lasting impact on the human mind and human behaviour of prolonged instances of traumatising fear. The global Covid-19 crisis will undoubtedly cause permanent transformational changes in leisure travel, both by sea and by air. Many of the cruise ship companies are likely to go belly up, even with significant near term financial support by certain governments, especially the US. The same goes for some of the largest airlines......recently the share price of American Airlines began trading below $10, and even Warren Buffet has now dumped all of his shareholdings in various airlines saying that the industry will never be the same.
There's much carnage to come in the cruise line travel industry around the world and I suspect this is one of the reasons why the promoters were so anxious to proceed with this $130 million bond offering.
Just think about it for a moment. Only the truly brain-dead would even consider taking a cruise on one of these monstrous floating hotels that are impossible to keep clean. And who wants to take a cruise with a bunch of brain-dead suicidal idiots who are easily attracted to rock bottom discounts simply because they have so little money and don't value their lives. Not exactly the best kind of company to be couped up with anywhere. These gigantic over-sized ships have proven themselves to be superb incubators for the norovirus and more lately the deadly Covid-19 virus. For sensible people, life's just too short to let the cruise ship industry pre-maturely end it for a deeply discounted cruise anywhere.
P.S.: You should note that "a person may commit an offence by soliciting an advantage, receiving it or agreeing to receive it."
In most quid pro quo arrangements there's usually a briber and a bribee and each is usually found to be equally culpable for the role they play in any arrangement that breaks or is intended to break the law.
Suggest you do your homework and rely much less on quick 'shallow' sources like Wikipedia. You can start with the link below that provides a comprehensive analysis of the subject of corruption under UK law:
Well_mudda_take_sic says...
Presumably Deltec will now try sell what's left of its business to Ansbacher as the only potential buyer in town for offshore banks throwing in the towel. LMAO
On Deltec confirms 15 redundancies
Posted 4 May 2020, 6:48 p.m. Suggest removal
Well_mudda_take_sic says...
You made it very clear you don't like "ex-pats". But legal ex-pats are not the problem. It's the many thousands of illegal aliens in our country sending whatever funds they can back home to their families who are the much bigger problem for our foreign currency reserves.
On 'Worst ever mistake' for inflated reserves
Posted 4 May 2020, 6:44 p.m. Suggest removal
Well_mudda_take_sic says...
couped s/b cooped in last para.
On No cruise tourists for five months (at least)
Posted 4 May 2020, 6:34 p.m. Suggest removal
Well_mudda_take_sic says...
Not to mention the out door hole in the ground excrement pits (pit latrines) that still exist in some of the poorest Over-the-Hill communities!
On Moultrie defends move to install manual pumps
Posted 4 May 2020, 6:30 p.m. Suggest removal
Well_mudda_take_sic says...
Please Mr. Editor, no more leftist leaning never Trumper hogwash from Malcolm Strachan. Just how anti-American can The Tribune possibly be?!! It's better to just leave space on The Tribune page blank.
On INSIGHT: Trump's eagerness to open up could be the last thing we need
Posted 4 May 2020, 6:20 p.m. Suggest removal
Well_mudda_take_sic says...
Nassau Cruise Port's projections for the numbers of cruise ship passenger arrivals to the Bahamas during the next year or so and over the next decade are truly wishful thinking and more like pie in the sky.
Had the risks associated with the current $130 million bond offering been given proper recognition, the interest rate on the bonds would have been set well upwards of 20% rather than 8%. And even at a much higher interest rate than one offered, it will take investors with an unusual appetite for great risk to subscribe for any of these bonds.
Never under estimate the the lasting impact on the human mind and human behaviour of prolonged instances of traumatising fear. The global Covid-19 crisis will undoubtedly cause permanent transformational changes in leisure travel, both by sea and by air. Many of the cruise ship companies are likely to go belly up, even with significant near term financial support by certain governments, especially the US. The same goes for some of the largest airlines......recently the share price of American Airlines began trading below $10, and even Warren Buffet has now dumped all of his shareholdings in various airlines saying that the industry will never be the same.
There's much carnage to come in the cruise line travel industry around the world and I suspect this is one of the reasons why the promoters were so anxious to proceed with this $130 million bond offering.
Just think about it for a moment. Only the truly brain-dead would even consider taking a cruise on one of these monstrous floating hotels that are impossible to keep clean. And who wants to take a cruise with a bunch of brain-dead suicidal idiots who are easily attracted to rock bottom discounts simply because they have so little money and don't value their lives. Not exactly the best kind of company to be couped up with anywhere. These gigantic over-sized ships have proven themselves to be superb incubators for the norovirus and more lately the deadly Covid-19 virus. For sensible people, life's just too short to let the cruise ship industry pre-maturely end it for a deeply discounted cruise anywhere.
On No cruise tourists for five months (at least)
Posted 4 May 2020, 4:43 p.m. Suggest removal
Well_mudda_take_sic says...
P.S.: You should note that "a person may commit an offence by soliciting an advantage, receiving it or agreeing to receive it."
In most quid pro quo arrangements there's usually a briber and a bribee and each is usually found to be equally culpable for the role they play in any arrangement that breaks or is intended to break the law.
On TEST KITS FLIGHT: PM confirms protocol breach; Sands – ‘I intend to continue my work‘
Posted 4 May 2020, 4:11 p.m. Suggest removal
Well_mudda_take_sic says...
Suggest you do your homework and rely much less on quick 'shallow' sources like Wikipedia. You can start with the link below that provides a comprehensive analysis of the subject of corruption under UK law:
https://www.lawcom.gov.uk/app/uploads/2…
On TEST KITS FLIGHT: PM confirms protocol breach; Sands – ‘I intend to continue my work‘
Posted 4 May 2020, 3:45 p.m. Suggest removal
Well_mudda_take_sic says...
In answer to your appropriate loud question: Certainly not Sands!
And we might be able to say the same about Minnis if Sands proves to be as untouchable by Minnis as Sands is only too quick to publicly assert.
On TEST KITS FLIGHT: PM confirms protocol breach; Sands – ‘I intend to continue my work‘
Posted 4 May 2020, 1:18 p.m. Suggest removal
Well_mudda_take_sic says...
This one time I'm simply enthralled by your flattery of me.
On TEST KITS FLIGHT: PM confirms protocol breach; Sands – ‘I intend to continue my work‘
Posted 4 May 2020, 1:02 p.m. Suggest removal