Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsApp#Bahamas, November 18, 2017 – Nassau – When prominent attorney Sharlyn Smith asked the perfectly coiffed, clothed and cultured island A-listers to raise their glasses and toast to the vision of University of The Bahamas (UB) and the value of education, she realized that beyond the lavish draping, shimmering lights, silk-covered tables and fine champagne, the evening held a serious message – excellence and opportunity made possible through education.Sharlyn Smith & Dr. Rodney Smith“On the first anniversary of the University of The Bahamas’ charter, this event helps to realize the vision of the university as the nation’s primary resource for research, innovation and community engagements while ensuring that the University will meet its mission of advancing and expanding access to higher education,” she said. “Supporting this function was a natural outreach for our firm with our many links to the community. We also recognize that along with giving, Sharon Wilson & Co. benefits from the commitment to education that is a hallmark of this institution. Among our complement of six attorneys and talented administration staff are four members of the alumni of this prestigious university.”Many more in the well-heeled crowd were clients and colleagues of the firm founded in 2000 and headquartered on East Shirley Street. Along with its strong support for UB, the firm has been a platinum sponsor of the National Youth Choir for more than 10 years and sponsors the Landlord and Tenant Prize at the Eugene Dupuch Law School.The evening drove home the personal nature of giving to Mrs. Smith. Her mother, Sharon Wilson, a woman with a list of titles as long as a good memory — former Chief Magistrate and twice President of the Senate of the Commonwealth of The Bahamas – was the first in her family to receive a college education and it took a scholarship to help get her through.“The principal in our firm was the first in her family to receive a college education, also with the benefit of scholarship,” Mrs. Smith said at the event organized to raise funds to endow scholarships for those who are first in their family to attend college.It was a night that was all about firsts – the first University of The Bahamas’ President’s Gala Soiree to raise funds for the first in a family to be college bound, the first time the Harry C. Moore Library was transformed into a setting that was so glamorous and glittering Hollywood would have been proud. More than 200 people attended the event.Press Release: DPA News Related Items:
Gold futures on the COMEX division of the New York Mercantile Exchange rose on Monday as traders were beginning to price in a potential delay in the US central bank’s rate hike.The most active gold contract for December delivery added $8.6, or 0.74 percent, to settle at $1,164.50 per ounce, Xinhua reported.The precious metal rose on Monday as traders reacted to an increasing belief that the US Federal Reserve will not raise interest rates this year.The CME Group Fedwatch tool shows an implied probability of a very small 8 percent increase in the US Federal Reserve’s interest rate during its meeting scheduled for October 28.The tool also shows an implied probability of a 37 percent rate hike for the meeting scheduled for December 16, while there is a much higher chance of a rate hike during the January 27, 2016 meeting, at 47 percent. According to the tool, there is a 39 percent chance of a 0.50 rate, and a 6.8 percent chance of a 0.75 rate.An increase in the Fed’s interest rate drives investors away from gold and towards assets with a return, as the precious metal bears no interest. There has not been an increase in the Fed’s interest rate since June 2006, before the beginning of the American financial crisis.The US Dollar Index, a measure of the dollar against a basket of major currencies, fell by 0.06 percent to 94.80 as of 1815 GMT.Gold and the dollar typically move in opposite directions, which means if the dollar goes up, gold futures will fall as gold, measured by the dollar, becomes more expensive for investors.Silver for September delivery rose 4.6 cents, or 0.29 percent, to close at $15.864 per ounce, while platinum for October delivery added $14.5, or 1.48 percent, to close at $995.90 per ounce.
Road accident illustration by Prothom AloThe driver of the bus that hit two people to their death in the capital’s Matsya Bhaban intersection on Tuesday morning is responsible for the accident and his claim that the brake had failed is not true, police have said.The Swadhin Parbahan bus was heading to Mawa from Mirpur via Shahbagh. The deceased were hit at the around 7:15am. Two more were also injured in the accident.In primary interrogation, the driver had claimed that the brake of the bus failed after he crossed Shahbageh intersection and moved towards Matsya Bhaban, said Md Jahirul Islam, officer-in-charge of Ramna police station.The driver might have said this for saving himself, the OC said, adding that actually he was running the bus with speed and was fully responsible for the accident.The bus hit six vehicles, including a rickshaw, a car, and a bus while taking a turn.According to witnesses, after the accident the bus hit another bus carrying employees of Bangladesh Atomic Energy Commission as the driver tried to run towrds Gulisthan. Read More:2 killed, 2 injured in city road crash