By: Staff writer February 9, 2021 The Bahamas Petroleum Company (BPC) has found no oil in Bahamian waters and will now move on to the Southern Caribbean BPC in a…
Category: BAHAMAS
IMF Executive Board Concludes 2020 Article IV Consultation with The Bahamas
By: The IMF January 26, 2021 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with The Bahamas. The COVID-19 pandemic has exacted a…
Bahamas oil opponents win court battle, but drilling still continues!
By: Staff Writer January 8, 2021 While Bahamian environmentalists won a court battle, receiving a judicial review on the Bahamas Petroleum Company (BPC) approval to drill for oil, they did…
US Congressman warns “catastrophic” if Bahamas drills for oil!
By: Staff Writer December 21, 2020 U.S. Representative warns Bahamian government to not allow Bahamas Petroleum Company (BPC) to drill for oil in Bahamian waters, citing fears of “catastrophic” impact…
It could take “years” for The Bahamas to recover from COVID-19 says IMF.
By Staff Writer December 4, 2020 The International Monetary Fund (IMF) said that it could take “years” for employment and income levels in The Bahamas to recover from the COVID-19…