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PETER YOUNG: Are we doing enough to prevent economy being left in ruins?
In writing further about the coronavirus crisis - now being called the greatest ever threat to the world in peacetime - I offer comment this week on the latest developments in Europe, including Britain, and here at home as well. The crisis affecting so many countries has become nothing short of a human catastrophe and the most serious global health challenge of our times. Its effects have also had a horrifying impact on the world economy and have disrupted modern society on an unimaginable scale.
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INSIGHT: A delicate balance of minimising deaths without putting the whole country at risk
THE world, including The Bahamas, has been plunged into a state of fear, insecurity and uncertainty by the coronavirus epidemic. We congratulate our Prime Minister for taking the bold stand of setting up a curfew and restriction of movement in response to this national challenge. A leader must be informed, willing to take risks and, above all, able to exude calm. The Prime Minister fulfilled these three characteristics.
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Joshua Dames gets offer from the Bulldogs
JOSHUA Dames has begun to garner attention from major Division I basketball programmes and received his first offer of what is expected to be an active recruiting process.
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DPM: Bahamas faces 'deep, stark' recession
The deputy prime minister yesterday warned The Bahamas faces a “very deep and stark recession”, and urged it to brace for “major problems” if the COVID-19 crisis continues beyond summer.
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Businesses fighting for survival
As the deadly coronavirus continues to impact nations all over the world, The Tribune spoke to citizens in the capital to find out how they were coping in the midst of the pandemic.
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'Many will die if we don't take this seriously'
HEALTH Minister Dr Duane Sands warned yesterday if the country does not take the COVID-19 threat seriously, “many of us will die,” adding health officials are not certain when the fast-spreading pandemic will end.
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Abaco: Back to ground zero
Abaco's Chamber of Commerce president yesterday said the island's post-Dorian recovery has been plunged "back to ground zero" by the COVID-19 crisis, adding: "We're on our own again."
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PETER YOUNG: The whole world’s at war with an enemy within
The suggestion last week by English historian and author, Antony Beevor, that mankind may be facing a fundamental turning point over the deadly coronavirus may be regarded by many as a bit over the top – transformative for sure, but such an apocalyptic claim looks to be premature since no one knows with certainty how this crisis is going to develop. The seriousness of COVID-19 so far, with the latest figures showing it has infected more than 350,000 with over 16,000 deaths, makes me keen as a columnist to offer comment once again this week.
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Tokyo Games ‘not going to start on July 24’
AS pressure continues to mount from athletes, member federations and healthcare professionals, one International Olympic Committee official gave the first indication that the 2020 Tokyo Games will be postponed due to the coronavirus COVID-19 outbreak.
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Farewell to the Sun King, Sol Kerzner
FAMILY, friends and political figures paid tribute this weekend to hotel tycoon and Atlantis developer Sir Sol Kerzner, who died on Saturday at the age of 84.
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Barbers and beauty salons fret over lockdown survival
Bahamian barber shops and beauty salons say they are trying to determine how they will pay the bills and survive after being placed on COVID-19 lockdown until month’s end.Adam Russell, Stylistic Barbers’ owner, told Tribune Business: “Right now I’m s
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Retailer hails 'huge help' of govt lockdown change
A major Bahamian retailer has hailed the government’s decision to modify its “locked down” businesses list as “a huge help” both to its sector and the wider economy.Brent Burrows, vice-president of CBS Bahamas (Commonwealth Building Supplies), told T
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$4.4bn economic blow: 'Playbook out window'
The coronavirus and Hurricane Dorian are threatening to deal The Bahamas an “unprecedented” $4.4bn blow, with the deputy prime minister revealing yesterday: “The playbook is out the window.” K Peter Turnquest, speaking to Tribune Business after reve
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Economy facing $1bn bodyblow, Turnquest tells House
DESPITE a projected total economic fallout of as much as $1bn from the COVID-19 pandemic, the government has announced several relief measures for workers in the tourism industry who will be most affected by the virus’ global impact.
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Dionisio has winning way
I make no secret of the fact that my favourite cabinet minister within the Minnis regime is the Hon Dionisio D’Aguilar (FNM-Free Town) our erstwhile Minister of Tourism & Aviation.
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We must worry about the poor
The Federal Reserve took its rate to zero and additional $700 billion in stimulus on March 15, 2020. The Federal Reserve balance sheet will be at its peak of $4.5 trillion. This will be done by purchasing assets – in this case, $500 billion in Treasury securities and $200 billion in mortgage-backed securities. The purchases will begin right away, with $40 billion in purchases set to take place on Monday, March 16, 2020.
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Hilton give staff vacation 'option'
The British Colonial Hilton yesterday confirmed it has given staff the “option” of taking two weeks’ vacation leave as it joins Atlantis in seeking to reduce labour costs amid the coronavirus pandemic. Pablo Casal, the downtown Nassau resort’s gener
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Exuma sports company struggling to break even
AFTER losing $96,000 through cancellations in the last two weeks, one Exuma businessman is considering the bright side of the country potentially shutting down over coronavirus concerns. “I would welcome a shutdown because it’s now cheaper for me to
