Basel III is a comprehensive set of international standards developed by The Basel Committee on Banking Supervision to strengthen global capital and liquidity rules to promote a more resilient banking sector.
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Declaring “this level of secrecy” as “unacceptable”, environmentalist Sam Duncombe urged the public to join Save The Bays in demanding a Freedom of Information Act that would end unregulated development and provide opportunity for citizens to learn and be consulted about plans prior to projects being approved.
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Government is being asked to strengthen enforcement of existing laws to stop “unscrupulous dealers who look the other way when gold jewelry or scrap metal is brought in and exchanged for cash.”
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The rapidly-growing environmental movement, Save The Bays, gained more momentum when a local group with 400 members and a history of grass roots activism joined the campaign.
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The US Government formally presented The Bahamas Salvation Army with a $30,000 grant for critical repairs of two emergency community shelters in Nassau.
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Minister of Youth, Sports & Culture heaped praise on organizers of Kalik’s Festival of The Bahama Islands, saying the festival “will serve to showcase all of the components that make us Bahamians.”
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