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[32] [33] Property damage accounted for $2.5 billion; the nation suffered $717 million in economic losses; and $221 million was required for debris removal and cleaning a large oil spill. [34] September 14, 2019 - Hurricane Humberto passed just northeast of the Bahamas as a tropical storm, only two weeks after Dorian devastated the country.
In December 2021, Anchorage announced it would close its $7.4 billion credit flagship fund (ACP Capital) due to lackluster returns and difficulties in markets such as distressed securities. [2] [3] [4] The firm moved on to focus on investments related to structured finance, such as collateralized loan obligations, as well as private credit.
8 September – Accession of Charles III as King of the Bahamas following the death of Queen Elizabeth II. [4] [5] 11 September – Charles III is officially proclaimed King of the Bahamas at the Parliament Square in Nassau. [6] 19 September – A national holiday is observed on the day of the funeral of Elizabeth II, Queen of the Bahamas. [7]
There were no reports of damage or casualties associated with Alex while it was a tropical storm. Its precursor disturbance, however, flooded streets and caused numerous power outages in Florida. And in Cuba it caused flooding and mudslides, which killed four people, damaged dozens of homes and knocked out electricity in various areas.
The Bahama Leaks are 1.3 million internal files from the company register of the Bahamas.After the release of the Panama Papers in 2016, an unknown source handed over internal data from the national corporate registry of the Bahamas to Frederik Obermaier and Bastian Obermayer, who analyzed them with the help of the International Consortium of Investigative Journalists (ICIJ).
Buying and selling activity has slowed dramatically as homeowners stay put to avoid giving up the low-rate mortgages they got before 2022. Existing home sales in 2024 are on track to reach a ...
Dan McGilvray, 51, has been identified as the passenger who went overboard on the Norwegian Epic cruise liner while sailing through the Bahamas on Dec. 26 -- sparking a massive search and rescue ...
According to a report released on May 9, 2024, the number of properties classified as seriously underwater is ticking up, with southern states bearing the brunt of the phenomenon. One in 37 homes ...