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Bahama Islands News, Articles and Information
Ernesto, on track for Fla., lashes Cuba
Tropical Storm Ernesto hit Cuba west of the U.S. naval air base at Guantanamo Bay on Monday after killing one person in Haiti as it stayed on track toward Florida, where forecasters expect it to strengthen back into a hurricane. Muzi.com News 10018885-0 (muzi.com)Ernesto became the Atlantic season's first hurricane on Sunday morning with maximum sustained winds of about 75 mph before weakening and moving ashore about 20 miles west of Guantanamo, with top sustained winds of nearly 40 mph -- that's 1 mph above the minimum to be a tropical storm. Muzi.com News 10018885-1 (muzi.com)
Forecasters said Ernesto would regain strength once it reached the warm waters north of Cuba, and Florida Gov. Jeb Bush declared an emergency, ordering tourists to evacuate the Florida Keys. Muzi.com News 10018885-2 (muzi.com)
"We do expect it to reach the Gulf, maybe as a Category 1 hurricane, possibly a Category 2," said John Cangialosi, a meteorologist with U.S.
Shoreline Properties Approaching Sell-Out of Oceanfront Bahamian ...
With only 23 homes left, Shoreline, located on Fortune Beach within Grand Bahama Island, is a commodity that many buyers recognize as a hot property. With an amazing rate of 85-90% of prospects turning into buyers, Shoreline Properties' statistics are staggering. Grand Bahama Island (PRWEB) August 10, 2006 -- With only 23 homes left, Shoreline, located on Fortune Beach within Grand Bahama Island, is a commodity that many buyers recognize as a hot property. With an amazing rate of 85-90% of prospects turning into buyers, Shoreline Properties' statistics are staggering.
What makes Shoreline such an attractive investment?
Located just east of Port Lucaya, a mere 105 miles from Miami, Shoreline's location is one of the most secluded beach spots on Grand Bahama Island.
Harrah's Agrees to Buy London Clubs to Expand in U.K. (Update1)
Aug. 31 (Bloomberg) -- Harrah's Entertainment Inc., the world's largest casino company, agreed to buy London Clubs International Plc for 279.3 million pounds ($532 million) to expand in the U.K., where the government is deregulating the gaming industry.The purchase price of 125 pence a share is 27 percent more than yesterday's closing price for London Clubs stock, Las Vegas- based Harrah's said today in a Regulatory News Service statement.
The acquisition brings Harrah's six U.K. casinos along with sites in Egypt and South Africa. London Clubs has licenses for six more British venues, including a property in London's Leicester Square scheduled to open March 2007. The U.K. casino market is worth about $1.3 billion and is forecast to increase to $1.62 billion next year, according to PriceWaterhouseCoopers.
LCL wins RM93mil Dubai joint-venture contract
KUALA LUMPUR: LCL Corp Bhd said its associate LCL Interiors in a joint venture with LCL Mice Kraftwork has secured a RM93.2mil contract for the supply and installation of guest rooms, suites and corridors, and associated works component of the east and west towers of The Atlantis resort in Dubai.The Atlantis is a 1,532-room resort with a water theme park at the crescent of The Palm, a luxury resort project in Dubai, which is scheduled for opening in early 2009.
The contract was expected to commence this month with expected completion in 13 months, the company said in a statement.
The joint venture was awarded the contract by resort developer and operator, Kerzner Istithmar Ltd, whose other projects included the 2,317-room sister resort, The Atlantis in The Bahamas.
Year to date, LCL has secured contracts worth over RM300mil from West Asia alone.
Lula on the road to second term in Brazil - Despite all his troubles, the president seems headed for victory.
Mario Canseco - For a brief period, the re-election of Luiz Inacio Lula da Silva was far from a sure thing. A corruption scandal threatened several high-profile members of the governing Worker's Party (PT) in Brazil, and a series of resignations and accusations had weakened the incumbent.The problems began last year, when Brazilian Labour Party (PTB) member Roberto Jefferson declared that members of two political organizations—the Liberal Party (PL) and the Progressive Party (PP)—had received monthly payments of up to $12,000 U.S. from the government in exchange for support in the legislative branch.
While Jefferson provided no hard evidence to back his allegations, his statements eventually led to the resignation of some key members of Lula's administration, including chief of staff Jose Dirceu.
'Feel the Rush' was good for Grand Bahama
Once again, over the Emancipation Holiday weekend, the people of Grand Bahama "Felt the Rush!" Thousands came from all over The Bahamas and elsewhere (I came from Boston, USA) to witness a spectacular Junkanoo Parade. The parade featured the three top Junkanoo groups out of Nassau: The Saxons, Valley Boys and One Family. A fourth group with the home court advantage was the Grand Bahama All-Stars, which consisted of an amalgamation of most of the Junkanoo groups on Grand Bahama. A special treat was the participation of Bernard Hanna and his friends from "Sting" along with some of the local "Bushwackers" and "Victory Boys." Most people had their favourite group, but one thing that everyone would agree on is the fact that this year, the groups were better than last year both in terms of costumes and performance.
BTC casting blame
GSM cellphone subscribers are receiving weak service because some private citizens are not allowing BTC cell site towers to be installed on their property.This is a "major challenge" for the state-run telephone company, said Tellis Symonette, vice-president of Wireless and Internet Services at the Bahamas Telecommunications Company.
"Cell sites require property along the way," said Mr Symonette. "A lot of people really would like to have the coverage but don't want a tower in their back yard or near their home. That's a major problem in New Providence and Abaco," he said.
"As far as GSM, we had some difficulty acquiring property along the way for cell sites. It's important that the cell sites go where they were designed to go or as near to it as possible because if you don't do that you won't get the ultimate coverage that you really want to get.