Archive | July, 2016

Ministry of Financial Services Participates in STEP Global Congress, Amsterdam

Minister of Financial Services the Hon. C.V. Hope Strachan led a small delegation from the Ministry to the Society of Trust and Estate Practitioners (STEP) Global Congress June 30 to July 1, 2016 in Amsterdam, Holland.  The Ministry of Financial Services was a silver sponsor of the event. CEO and Executive Director of The Bahamas […]

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Halkitis -Downgrade Unnecessary

In the wake of the potential credit downgrade by Moody’s State Minister for Finance Michael Halkitis says the government plans to show the agency that its warning was unnecessary and the government has already established plans to stimulate economic growth. “They put a lot of emphasis and the revisions of the economy and what they […]

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Gray: FNM Is A Scrap-Gang Party

Agriculture Minister V. Alfred Gray says that the Free National Movement (FNM) is forever fractured due to the party’s infighting that continues to heat the much-anticipated leadership race. Yesterday, Mr. Gray said that the FNM’s recent actions highlight the weaknesses of the party as a whole and that whatever team it puts forth, will still […]

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FNM Leadership War–Two Rallies Tonight

The battle of who will carry the torch in the Free National Movement begins tonight as Long Island Member of Parliament Loretta Butler-Turner and Senator Dr. Duane Sands team and incumbent leader Dr. Hubert Minnis and Peter Turnquest team officially launch their campaigns simultaneously. Mrs. Butler –Turner, who will hold her launch her campaign in […]

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Sands: Gov’t doesn’t care about Bahamians

Recently appointed Senator Dr. Duane Sands lambasted the Christie-led administration stating that they do not care about the well being of Bahamians in regards to a recent gas leak. Dr. Sand’s comments arise in regards to MP for Marathon stating he felt the government did what they could in regards to a recent Rubis gas […]

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Young Bahamian producer to launch music competition

Recording artist and producer Andrew ‘Drew Harmony’ Gardiner fueled by his love for anything music related yesterday announced the launch of a high school band competition called the music project which to engage student musical talent through mentorship and participation in a pop band competition set for February of next year. During a press conference […]

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Turnquest: Moody’s Rating Painful

Shadow Minister for Finance and Deputy Leader of the Free National Movement Peter Turnquest said yesterday that the potential Moody’s Investment Agency downgrade will cause “pain and suffering” for The Bahamas. Mr. Turnquest, in an interview with the Bahama Journal, suggested that measures could have been established by the government to avoid this position. He […]

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Turnquest Confident In Victory

Free National Movement (FNM) Deputy Leader Peter Turnquest, during an interview with the Bahama Journal, said yesterday that he is hopeful that he and party leader Dr. Hubert Minnis have what it takes to win the party’s upcoming leadership race. “We believe that together we offer the best solution, the best vision, for the party […]

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“Where is Mr. Nygard’s Swift Justice”

By P.J. Malone  Environmental Activist, Vivian Whylly while being interviewed on JCN’s The Platform television show, opined that fashion mogul Peter Nygard has been denied justice because at four years he has yet to have been given permission to rebuild his home on Nygard Cay.  Mr. Whylly expressed that The Government of The Bahamas needs […]

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Gov’t Rejects Moody’s Downgrade

In the wake of a potential downgrade by International Credit Agency Moody’s to the country’s sovereign credit rating the government is saying that economic growth is still on the horizon. The Wall Street Investor’s Service provides international financial research on bonds issued by government and commercial entities and ranks the creditworthiness of borrowers using a […]

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