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Bahamian Appointed

The following report appeared on Eyewitness News’ website: Broward County’s Port Everglades Chief Executive and Port Director Jonathan Daniels has appointed Ricardo D. Charlton as the new Director of Operations. Port Everglades is a self-supporting enterprise fund of Broward County, Florida, generating more than $170 million in revenues in the fiscal year 2019 (October 1, […]

CHESTER COOPER ON MOODY’S BORROWING FORECAST

The following statement was issued by Chester Cooper, the Shadow Finance Minister in response to the latest Moody’s forecast on the borrowing needs of the country. 27 October 2020 We note the comments of Moody’s that appear in today’s paper forecasting that the government would need to borrow $2 billion this fiscal year. We note […]

THE PRIME MINISTER REVERSES COURSE ON COVID CHANGES – THEN REVERSES COURSE AGAIN

So about 4 p.m. on Friday 30 2020, the equivalent in journalism to the dead of night, the Government published the rules that are to govern us under their new emergency powers which are to last until 30 November. Now remember that the Minister of Tourism and the Prime Minister were both boasting about how […]

SCOTIABANK SAYS 93 PER CENT OF THEIR BUSINESS IS ON LINE

So Scotiabank is downsizing again. Last week without fanfare and with no pushback from the regulator the Central Bank, the bank announced that it would close the branches in Exuma, Long Island, North Andros and Eleuthera. That leaves these communities essentially unbanked. The Government seemed to shrug their shoulders. The Central Bank  is useless.  It […]