Prime Minister Perry Christie has hailed his trip to Cuba as a success after meeting with Raul Castro in Havana. Christie returned to The Bahamas yesterday.
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December 10, 2014 (IMF) – The Steering Committee of the International Monetary Fund’s Caribbean Regional Technical Assistance Center (CARTAC) welcomed the progress of the Center in scaling-up the delivery of technical assistance (TA) since the last meeting in May 2014 (See Press Release No. 14/210).

Members of the Steering Committee met today in Nassau, The Bahamas. At the end of the meeting, Bank of Jamaica Governor and Chairman of the CARTAC Steering Committee Brian Wynter, and the recently appointed CARTAC Coordinator, David Kloeden, made the following joint statement:

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Ryan Pinder announced yesterday that he is stepping down from his post as Minister of Financial Services with effect at the end of this year. The international tax lawyer will remain a member of Parliament and has accepted a position with the Deltec banking group.
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Minister of Tourism Obie Wilchcombe says that the government is pouring extra resources into promoting Grand Bahama as a tourist destination as more facilities come on stream.
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The Cabinet Office has announced that Prime Minister Perry Christie has accepted the resignation of Ryan Pinder as the Minister of Financial Services.

Pinder will be taking up a senior executive position with Deltec International Banking Group in Nassau.

Pinder will remain as a Progressive Liberal Party member of Parliament.

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Dec 10, 2014 (Bloomberg) – The Bahamas plans to cut fuel imports by as much as 5 percent by building several small solar panel fields after signing on to billionaire Richard Branson’s Caribbean clean energy initiative.

The solar fields, which will generate as much as 20 megawatts of electricity for the Bahamas’ sparsely populated Family Islands, are part of the government’s plan to move toward renewable energy under Virgin Group founder Branson’s Ten Island Challenge.

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This is an excerpt from Bloomberg.com as it appeared on December 10, 2014. For updates or to read the current version of this post in its entirety, please click here.

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The teams have been announced to play in the inaugural Popeyes Bahama Bowl. The Central Michigan and Western Kentucky football teams will come to The Bahamas to compete for the trophy on Christmas Eve.
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Central Michigan’s NCAA football players had their reaction recorded as they watched a dramatic reveal video determining which bowl game they’ll be playing in. The locations were taken off the screen one-by-one.
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Deputy Prime Minister Phillip Davis suggests privatization could play a role in the restructuring and expansion of the national carrier Bahamasair.
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