The government has adopted incentives to encourage foreign financial business, and further banking and finance reforms are in progress. The government plans to merge the regulatory functions of key financial institutions, including the Central Bank of the Bahamas (CBB) and the Securities and Exchange Commission. The Central Bank administers restrictions and controls on capital and money market instruments. The Bahamas International Securities Exchange consists of 19 listed public companies. Reflecting the relative soundness of the banking system (mostly populated by Canadian banks), the impact of the global financial crisis on the financial sector was limited.
Columbus's first landfall in what was to Europeans a 'New World' was on an island he named San Salvador (known to the Lucayans as Guanahani). Whilst there is a general consensus that this island lay within The Bahamas, precisely which island Columbus landed on is a matter of scholarly debate. Some researchers believe the site to be present-day San Salvador Island (formerly known as Watling's Island), situated in the southeastern Bahamas, whilst an alternative theory holds that Columbus landed to the southeast on Samana Cay, according to calculations made in 1986 by National Geographic writer and editor Joseph Judge, based on Columbus's log. On the landfall island, Columbus made first contact with the Lucayans and exchanged goods with them, claiming the islands for the Crown of Castile, before proceeding to explore the larger isles of the Greater Antilles.
More InfoJohnson has been described as a divisive and controversial figure in British politics. Sonia Purnell described Johnson as "the most unconventional, yet compelling politician of the post-Blair era". She added that he was "beloved by millions and recognised by all". Giles Edwards and Jonathan Isaby commented that Johnson appealed to "a broad cross-section of the public", with his friends characterising him as a "Heineken Tory" who can appeal to voters that other Conservatives cannot (a reference to the beer advertisement). Gimson expressed the view that "people love him because he makes them laugh", noting that he had become "the darling of the Tory rank and file".
More InfoIn the 1820s during the period of the Seminole Wars in Florida, hundreds of North American slaves and African Seminoles escaped from Cape Florida to The Bahamas. They settled mostly on northwest Andros Island, where they developed the village of Red Bays. From eyewitness accounts, 300 escaped in a mass flight in 1823, aided by Bahamians in 27 sloops, with others using canoes for the journey. This was commemorated in 2004 by a large sign at Bill Baggs Cape Florida State Park. Some of their descendants in Red Bays continue African Seminole traditions in basket making and grave marking.
More InfoPurnell recognised that during the 2008 mayoral election he was "polarising opinions to the extreme", with critics viewing him as "variously evil, a clown, a racist and a bigot". Writing in The Guardian, journalist Polly Toynbee referred to him as a "jester, toff, self-absorbed sociopath and serial liar", while Labour politician Hazel Blears called him "a nasty right-wing elitist, with odious views and criminal friends". He has also been accused of sexism, after referring to Labour leader Jeremy Corbyn as "a big girl's blouse" and former prime minister David Cameron as a "girly swot". Cameron has said of Johnson: "The thing about the greased piglet is that he manages to slip through other people's hands where mere mortals fail." In 2019, The Irish Times described him as "a deeply polarising figure, cherished by many older Conservatives but viewed by others as a serial liar and an amoral opportunist who sold Brexit to the British people on the basis of false promises."
More InfoSlavery was abolished in the British Empire on 1 August 1834. After that British colonial officials freed 78 North American slaves from the Enterprise, which went into Bermuda in 1835; and 38 from the Hermosa, which wrecked off Abaco Island in 1840. The most notable case was that of the Creole in 1841: as a result of a slave revolt on board, the leaders ordered the US brig to Nassau. It was carrying 135 slaves from Virginia destined for sale in New Orleans. The Bahamian officials freed the 128 slaves who chose to stay in the islands. The Creole case has been described as the "most successful slave revolt in U.S. history".
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