Tag: economy

Long Island Dying Without Airlift

Long Island’s economy is “dying a slow death” due to a lack of airlift and the absence of an international airport, according to a local...

Is Baha Mar A Foolish Investment?

Virtually every serious study that has ever been done of the economic impacts of casinos shows that their costs far exceed their benefits and...

Moody’s Lowers Bahamas Credit Rating

The Bahamas’ sovereign credit rating was yesterday cut to just two notches above “junk” status, as a leading Wall Street agency reacted to this nation’s...

COB & PHA Budget Misrepresentations

I begin by highlighting that the government has cut $3.2 million from COB's allocation in the 2014/2015 budget, bringing the total cut from higher education...

IDB: VAT Delay Raises Downgrade Risk

The IDB says that The Bahamas has “furthered worsened its potential” to be subject to a downgrade of its credit rating by international agencies as...