News The Bahamas Debt: Some Debt Ceiling Details to Keep in Mind for the FUTURE
Entitlements, which include Social Security and Medicare, represent about 65% of the Federal government’s outlays. Interest on the debt stands at around 12%, but is rising rapidly after decline in the 1990s and first decade of this century. Defense is another 12%. Keep these figures in mind for the future because the US government’s debt problem is NOT going way, advises Adrian Day, editor of Global Analyst.
News The Bahamas Debt: Debt ceiling brinkmanship was too dangerous, analysts warn
The chaotic process by which President Biden and Congress reached a deal to avoid a default on the federal debt could have long-running costs for the U.S. economy. Political and financial experts are fretting over the latest episode of fiscal brinkmanship, arguing that the disruption threatened by default was simply not worth the moderate reduction…
News The Bahamas Debt: China reportedly reaches secret, billion-dollar deal for Cuba spy station targeting US: 'Sends a message'
A new report says China has secured a secret agreement to build an eavesdropping station in Cuba, targeting communications in the United States.
News The Bahamas Debt: Scaramucci Recounts Harrowing Final Days of FTX, Visit to Bahamas to See Sam Bankman-Fried
AUSTIN, Texas — SkyBridge Capital founder Anthony Scaramucci recounted the time he spent with former FTX CEO Sam Bankman-Fried in the Bahamas during the firm’s harrowing final days ...
News The Bahamas Debt: IHOP® Opens First Franchise Location in The Bahamas
NASSAU, The Bahamas, April 04, 2023--IHOP® is celebrating the opening of its first franchise location in The Bahamas on Tuesday, April 4, 2023. Located at The Mall at Marathon, this new restaurant will serve up the brand’s World-Famous Buttermilk Pancakes, burgers, and familiar comfort foods all day long, leaving each guest with a smile on their face.
News The Bahamas Debt: FTX's Bankman-Fried pleads not guilty to campaign finance, China bribery charges
By Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried, the disgraced founder of the now-bankrupt FTX cryptocurrency exchange, pleaded not guilty on Thursday to new U.S. charges of conspiring to violate campaign finance laws and bribe Chinese authorities. The 31-year-old Bankman-Fried entered his plea to a new, 13-count indictment through his lawyer, Mark Cohen, at a hearing before U.S. District
News The Bahamas Debt: Marriott Intl's Debt Overview
Shares of Marriott Intl Inc. (NASDAQ:MAR) rose by 7.23% in the past three months. Before having a look at the importance of debt, let's look at how much debt Marriott Intl has. Marriott Intl Debt According to the Marriott Intl's most recent balance sheet as reported on February 14, 2023, total debt is at $10.06 billion, with $9.38 billion in long-term debt and $684.00 million in current debt. Adjusting for $507.00 million in cash-equivalents,...
News The Bahamas Debt: The Bahamas GDP and Economic Data
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about The Bahamas economic outlook, debt to GDP ratio, international trade performance and ...
News The Bahamas Debt: China's political, economic impact on Caribbean, Latin America
What the Chinese are doing in the air seems to be minor compared to their massive economic and political efforts on the ground in the Caribbean, and Central and South America. For the aggressive ...
News The Bahamas Debt: I was a struggling mum & £30k in debt five years ago – now I make over £1m a year and I don’t even have to leave my sofa
Eventually, in 2018, Lisa sank into £30,000 of debt. In a bid to turn her luck ... while on holiday in the Bahamas. People pay to take part in the courses that she developed but, because her ...
News The Bahamas Debt: The World's Greatest Investors
Successful investors often focus on companies with strong fundamentals, such as low debt, high profit margins ... As a naturalized British citizen living in the Bahamas, Templeton was knighted by ...
News The Bahamas Debt: AM Best Downgrades Credit Ratings of Colina Insurance Limited and Colina Holdings Bahamas Limited
OLDWICK, N.J., October 14, 2022--AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to "bbb+" (Good) from "a-" (Excellent) of Colina Insurance Limited (Colina). Concurrently, AM Best has downgraded the Long-Term ICR to "bb+" (Fair) from "bbb-" (Good) of Colina Holdings Bahamas Limited. Both Companies are domiciled in Nassau, Bahamas. In addition, AM Best has revised the outlooks of these Credit Ratings (ra
News The Bahamas Debt: Bahamas Says Rich Economies Must Pay for Hurricanes They Caused
“Most of our debt is the result of loss and damages created over many years and many hurricanes” Prime Minister of the Bahamas Philip Davis said a day after Hurricane Fiona passed by some of the islands.
News The Bahamas Debt: The 44 Percent: raging readers, Little Bahamas & student debt cancellation
Disgruntled readers are something all journalists have to deal with. It’s just a part of the job. Aggressive emails can leave your head swirling. Crude calls can ruin your weekend. Anytime my email or voicemail inbox is flooded, however, my hope is that you respect me at all times. Well, the very opposite of that happened Sunday. Upset over my recent article about activists going to the U.N., ...
News The Bahamas Debt: Caribbean Countries Will Be Seeking Climate Justice At COP27
In November 2022, Caribbean leaders will attend the UN Climate Conference (COP27) to collectively advocate for the most vulnerable region in the world to climate change, and will request “Loss and Damage” funding to help pay for what has become an out-of-control climate-related debt crisis.
News The Bahamas Debt: Moody’s cuts Bahamas on tighter funding conditions
Despite an ongoing economic recovery, driven primarily by tourism activity, and a narrowing fiscal deficit, The Bahamas faces constrained funding options given elevated external borrowing costs,” said ...
News The Bahamas Debt: Bahamas Petroleum (LON:BPC) Shares Cross Below 200-Day Moving Average of $0.33
Bahamas Petroleum Company plc (LON:BPC – Get Rating)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.33 ($0.00) and traded as low as GBX 0.31 ($0.00). Bahamas Petroleum shares last traded at GBX 0.33 ($0.00), with a volume of 182,969,264 shares […]
News The Bahamas Debt: Bahamas migrant arrests soar in 2022 amid spike in sea voyages
The Bahamas has apprehended more migrants so far this year than in the previous three calendar years combined, according to figures released to Reuters, amid a steady rise in sea-bound vessels seeking ...
