The big news not covered in this article, is that Ferguson says that we will lose another 5 - 7 banks in the next 24 months, further eroding "financial services". More job losses. The second pillar of the economy is collapsing. Tourism already is in intensive care.
Posted 9 June 2020, 12:06 p.m.
You do know that this is a penny stock play and the company does not have any intention of drilling right? They already have made millions with the stock and could shut down tomorrow. These junior resource penny stock plays have been happening for 70 years in other resource rich companies like Canada, and less than 0.001 percent of them come to fruition, but the organisers of these plays make millions. There is nothing new under the sun, except the duplicity of the promoters and the gullibility o the public.
Posted 1 June 2020, 11:13 a.m.
The further that you get away from mainland Cuba, the less the oil and the more sulphurous it is. By the time you get 60 miles offshore, there ain't no more oil north of Cuba.
Posted 28 May 2020, 11:47 a.m.
I am still so disappointed in Chester. I really thought that he was smarter than that. He had me totally fooled.
Posted 28 May 2020, 11:42 a.m.
suffers from physical misogyny as well.
Posted 28 May 2020, 11:40 a.m.
Cayman has had over 200 business in the past 18 months locate there. The sole reason is the ease of doing business. New business approvals in 5 days, work permit approvals in 48 hours for business owners, free import duties for one year for all new businesses and employees, work permits for employees in 48 hours -- 24 hours for temporary work permits, cheap office space and receptionist provided in the package. Plus crime is low and infrastructure is not rotting away especially electricity. The ease of doing business in the Bahamas is atrocious.
Posted 26 May 2020, 12:33 p.m.
Good grief. This will drive even more business elsewhere. They are trying to cut steaks off the race horse and still race the horse.
Posted 26 May 2020, 12:26 p.m.
Jason Kinsale -- Shane Gibson's half-brother, has come a long way since he was selling phone cards from vending machines. He came to glory when Shane was in government. Glory be to the father (King Eric), the son, the son outside the blanket and the holy gubmint.
Posted 26 May 2020, 12:24 p.m.
At one point when I was with the bank in Nassau, it was THE place to go to for the business lunch. After awhile, it turned out to be an expensive lunch with rather standard food. But, since the patrons were on an expense account, it didn't matter. It finally degenerated to a place to avoid because of the prices, and lunches at the Green Parrot with their mahi mahi were a lot better and less expensive than Lucianos. I'm surprised that it lasted this long.
Posted 26 May 2020, 12:14 p.m.
If Bahamians knew that the penalty was just a slap on the wrist, do you think that they would comply with the law?
Posted 21 May 2020, 11:56 a.m.
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