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Former FTX chief Sam Bankman-Fried jailed for 25 years
Crypto entrepreneur Sam Bankman-Fried was sentenced on Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency.
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‘Make the switch’: 2.6% growth below forecasts
THE Bahamas must “make the switch” to focus on medium to long-term economic goals after it was revealed yesterday that 2023’s 2.6 percent real GDP growth came in below expectations.
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Mistaken suspect tells of panic as he tried to drink sewer water in cell
A MAN who was arrested - but then released - after an armed robbery of Quality Supermarkets on Tuesday claimed officers humiliated him, and he felt forced to drink sewer water to stay hydrated after suffering a panic attack while in custody.
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Treasure Cay gets ‘break we’ve waited 35 years for’
TREASURE Cay stands poised for “the break we’ve been waiting for for 35 years” after a Florida-based developer last night confirmed he has a “binding” deal to acquire the Abaco development.
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AJ Storr declares for the NBA Draft
Less than a week removed from an early National Collegiate Athletic Association (NCAA) D1 basketball tournament exit, Wisconsin Badgers guard AJ Storr now has his sights set on the 2024 NBA Draft.
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Bahamians conflict on broker’s US client pull
Bahamian executives have given conflicting evidence over whether a local broker/ dealer used marketing deals with day trading schools to circumvent US laws against soliciting American clients.
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PI resort proposal expands units 46%
The former Paradise Harbour Club’s proposed redevelopment is being expanded to a seven-storey hotel featuring a 46 percent increase in units compared to earlier plans.
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Nassau/PI beating forecasts after ‘hair raising’ crime woe
NASSAU/Paradise Island resorts were yesterday said to “all” be beating expectations heading into the peak Easter weekend as the sector rebounds from the “hair-raising” crime alert fall-outs.
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‘Big question mark’ on Boating Act insurance
CONCERNS were yesterday raised over whether there is sufficient local insurance capacity to meet the new Boat Registration Act requirements as one carrier deemed the sector “too risky” to cover.
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Regulator pledges probe into BPL’s fuel charges
REGULATORS yesterday again pledged to investigate Bahamas Power & Light’s (BPL) fuel charge and how this is calculated to ensure consumers are protected after last year’s up to 163 percent hikes.
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Legal win for Sandals on ex-butler sex claims
SANDALS Royal Bahamian and its parent have won two legal victories in just over a month against a US couple who generated massive global publicity in making claims of indecent assault against an ex-butler.
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Horse trainer Larry Demeritte makes history
From Governor’s Harbour in the Bahamas to Louisville, Kentucky, USA, here comes trainer Larry Demeritte.
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NCAA tourney: ‘Coach Yo’ and Ole Miss Rebels eliminated
IT wasn’t the type of performance that Bahamian head coach Yolett McPhee-McCuin expected from her Ole Miss Lady Rebels as they fell short of advancing to the Sweet 16 in the NCAA Women’s Basketball Tournament.v
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Sandilands and Centreville Primary girls and boys volleyball champions
SANDILANDS Primary and Centreville Primary emerged as the girls and boys champions of the New Providence Public Primary Schools Sports Association’s 2024 volleyball championships.
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GAIN AN EDGE – Sophia Walker: BTVI helping to boost and enhance employment skills
IT has been over ten years since Sophia Walker began serving on Programme Advisory Committees (PAC) of the Bahamas Technical and Vocational Institute (BTVI).
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INSIGHT: How long until we feel govt’s spending?
THE pockets of the people have been hit with quite a toll in recent weeks. It would be nice if we could see government reining in spending to ease the pain.
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50% 'grease the wheels' bribe findings accurate
The Bahamian Contractors Association's (BCA) president says findings that almost half of firms seeking construction permits are asked, or expect, to pay a bribe are "accurate" amid a "grease the wheels" culture.
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IDB: Bahamas Internet costs, speed miss mark
Broadband Internet costs and speeds represent potential barriers to The Bahamas embracing the digital economy and improved competitiveness, a multilateral lender has warned.
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Albany chief in 'devastating and self-inflicted humiliation'
Albany's principal investor has admitted that pleading guilty to securities fraud is "a devastating and self-inflicted humiliation I will have to live with for the rest of my days".
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Shock as tornado hits woman’s home
A TORNADO ripped through Deidre Miller’s South Ocean Boulevard home on Saturday, leaving behind a damaged roof, shattered glass and torn-down doors.
