Candia Dames

Nassau

Managing Editor at The Nassau Guardian

Nassau Guardian Managing Editor

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Articles

GDP grows 3.4%

4 days ago | thenassauguardian.com | Candia Dames

Economic growth in The Bahamas in 2024 exceeded expectations, according to new numbers released by The Bahamas National Statistical Institute (BNSI). The agency reported on Friday that there was a 3.4 percent increase in economic activity – from $13.6 billion in 2023 to $14.1 billion in 2024 – the largest the Bahamian economy has ever been.
China decries Rubio's 'smear'

1 week ago | thenassauguardian.com | Candia Dames

A spokesperson for the Chinese Embassy in The Bahamas on Thursday denounced comments made by United States Secretary of State Marco Rubio who at a meeting in Washington, DC, this week cautioned Caribbean leaders on dealing with China. The embassy spokesperson said Rubio sought to smear and undermine China’s relations with the Caribbean countries.
Rubio warns on China

1 week ago | thenassauguardian.com | Candia Dames

United States Secretary of State Marco Rubio on Tuesday urged Caribbean leaders to “make responsible, transparent decisions when selecting vendors and contractors for critical infrastructure projects, ensuring they are not vulnerable to privacy and security risks and exploitation by malign actors like the Chinese Communist Party”. The caution came when Rubio met with heads of government from the Eastern Caribbean and The Bahamas in Washington, DC.
'They came without water'

1 week ago | thenassauguardian.com | Candia Dames

Anger. That’s what some residents of Victoria Court still felt three days after a fire destroyed some of the apartments in their five-story building on Victoria Avenue in downtown Nassau on Thursday night and damaged others. Residents on Sunday again decried the “ineptitude” of firefighters in fighting the blaze, but the officer in charge of fire services, Superintendent Demeris Armbrister, said firefighters did an overall “excellent” job.
Fire rages on Bay St.

2 weeks ago | thenassauguardian.com | Candia Dames

Fire raged on the eastern end of Bay Street near Elizabeth Avenue in Downtown Nassau late into the night last night, ravaging several buildings and stretching the resources of the Royal Bahamas Police Force (RBPF). The fire appears to have started in an abandoned building and spread, impacting at least four buildings on Elizabeth Avenue. Firefighters soaked surrounding buildings with water in an effort to stop further spread. It was unclear what caused the blaze.
BPL price hikes in 'short-term'

3 weeks ago | thenassauguardian.com | Candia Dames

During the 2024 to 2027 “transition period”, Bahamas Power and Light’s (BPL) consumers will experience short-term “price pressures” as capital investments are deployed and old systems phased out, according to the Davis administration’s energy reform strategy released on Wednesday. But the government says in the short term, targeted rate adjustments and fuel optimization are shielding consumers from global price volatility.
FNM must not be distracted by Minnis

4 weeks ago | thenassauguardian.com | Candia Dames

Dear Editor,The press release by former prime minister Dr. Hubert Minnis is an effort to buy time and drum up public support and sympathy. It sets the stage for a political waiting game, if you will. Dr. Minnis simply does not know what to do. He would like to draw the Free National Movement’s (FNM) leadership into a public debate regarding its decision not to renominate him.
The Caribbean crossroads: Between global submission and regional strength

1 month ago | thenassauguardian.com | Candia Dames

Dear Editor,As the world teeters on the brink of yet another disruptive era, it is imperative that we in the Caribbean confront some uncomfortable truths – truths about our sovereignty, our strategy, and our future. The chair of CARICOM, Prime Minister Mia Mottley, recently addressed the region with a speech that painted a sobering picture of our reality: a world under stress from climate disaster, economic uncertainty, a rise in global misinformation, and a looming trade war.
OPM goes on the defensive

1 month ago | thenassauguardian.com | Candia Dames

The Office of the Prime Minister (OPM) last night doubled down on an assertion made by Prime Minister Philip Davis on Monday that the Bahamian law enforcement officers named in a US indictment last November were entrapped, and defended Davis’ immediate response to the damning allegations of cocaine trafficking on the part of those officers — insisting that he has been serious in his approach.
IMF: Severe GDP losses from climate change without adaptation

1 month ago | thenassauguardian.com | Candia Dames

If neither the public nor private sector takes preemptive measures to adapt to climate change, over the long-term, sea level rise and natural hazards would expose The Bahamas to severe losses in potential output, according to the International Monetary Fund (IMF), which assesses the likely impacts under various scenarios in a new report. IMF estimates indicate a reduction in the current potential GDP output level by about eight percent.