A crime spree that was carried out during the Boxing Day Junkanoo Parade prompted police officials to warn residents and motorists to tighten up their security measures ahead of the New Year’s Junkanoo festivities.
During the last parade the vehicles of scores of persons were either broken into or stolen.
Police said cars parked near C.R. Walker Senior High School and near Royal Bank on East Hill street were targeted.
Additionally, police said several homes were broken into during the parade which lasted more than 12 hours.
Yesterday Crime Prevention Director Superintendent Stephen Dean encouraged Bahamians to take extra precautions.
"While we are pleased with the security measures that ...

By ALISON LOWE

Business Reporter

alowe@tribunemedia.net

The total value of interest payments made between July and September by the Government rose by $12.2 million to $44 million as debt levels increased, according to the Central Bank of the Bahamas. This equated to a 5.29 per cent increase.

In its most recent Quarterly Economic Review for the July to September period of 2010, released on Wednesday, the Central Bank of the Bahamas noted the Government's "deteriorating" fiscal position as it relates to the overall deficit during the 2010/2011 first quarter, which began in July 2010.

"Expenditure gains outpaced the increase in total revenue. Budgetary financing was sourc ...

Why was Tribune Business the only media outlet that seemingly picked up and reported on the International Monetary Fund's (IMF) 2010 Article IV consultation with the Bahamas? While it may not necessarily have contained anything earth-shattering (at least to astute economic observers), it had plenty of nuggets in there to indicate that the road the Bahamas is on will be extremely rocky, and that it's about time the Government levelled with the people.

For while the Ingraham administration is sticking doggedly to its objectives, laudable though they may be, of arresting the rate of growth in the national debt-to-GDP ratio, then reducing the ratio over the medium-term, the strategy and details ...

EDITOR, The Tribune. BTC can be likened to a mother who has a lot of children, but no real man in her life. Up to now she has been playing the fathers off against each other depending on the situations - mostly political, but earlier in the month she made a choice where she barred a couple of the sweethearts in the hope of establishing herself. However, the house she wants to have control of requires that she deal with fellows she has kicked to the curb - they still hold the papers. The fact that the children are now grown-up, adds to the problem, they now see themselves as part-owners of something that they have no legal title to. The children's perception of what is real has been ...