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IMF urges Bahamas to stick to 50 percent debt ceiling
The International Monetary Fund has urged The Bahamas to keep to the 50 percent debt ceiling passed in 2018.
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Warning as container costs to double
Businesses should brace for a 100 percent increase in container costs for the summer due to the Russia and Ukraine war.
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Eleuthera businesses: Disney jobs welcome but worry over wages
The Disney Lighthouse project would put Bahamians back in “slavery” if they keep wages low, a South Eleuthera business owner has claimed.
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Pamela Stuart dies, aged 91
MISS Pamela Stuart, 91, died at her Ridgeway, Eastern Road home just before midnight on Friday. Her funeral services will be announced later.
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WNBA: Jones and Sun lose opener
GRAND Bahamian native Jonquel Jones and her Connecticut Sun suffered a heart-breaking loss to the New York Liberty as they opened their Women’s National Basketball Association 2022 season on Saturday.
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Man remanded to prison ahead of sentencing for stealing car battery, other items
A MAN was sent to prison Friday after admitting to stealing a woman’s car battery and an assortment of items from a local grocery store last month.
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DIANE PHILLIPS: IS OUR ECONOMIC WELL-BEING THREATENED?
FOR a writer, it’s hard to make economics exciting.
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EDITORIAL: Resisting temptation to break the law
THERE was quite a startling admission from Environment Minister Vaughn Miller yesterday.
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Don’t let $1bn arrears be tax reform let-off
The Government’s self-proclaimed $1bn in tax arrears must not become an excuse for failing to “bite the bullet” on reform, a private sector tax chief said yesterday, describing such thinking as “a fool’s errand”.
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Bahamas urged: Target 80% in next aviation safety audit
The Bahamas must target a “high 70s-80 percent score” on its next aviation safety audit and match the world’s best, an attorney said yesterday, adding: “We’ve made great strides in a short span of time.”
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Cement shortage raises fears of 20% price hike
Cement shortages have hit the Bahamian construction industry at least three times in the past month, it was revealed yesterday, with suppliers yesterday suggesting the backlog will cause a 20 percent cost hike for the sector.
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IAN FERGUSON: The advantages to buying Bahamian
The Bahamas presently imports more than $5.5bn in goods and services annually. Over 94 percent of our food is imported from the US and our other trading partners. For many years we have lamented these statistics, but have not made significant strides towards changing this reality.
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Managers in three-year wait for $821k owed by PI resort
Hotel managers and their union have now been waiting “almost three years” to recover a collective $821,292 allegedly owed to them by a shuttered Paradise Island resort, it was revealed yesterday.
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MP: I CONSIDERED BREAKING THE LAW – Miller understands people removing trees in Carmichael
ENVIRONMENT Minister Vaughn Miller expressed empathy for people who have been unlawfully removing trees in the Carmichael area yesterday, saying he too once considered illegally acquiring Crown land due to frustration with the grant system.
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Prevention measures
The government must show and demonstrate it is committed and serious on crime by taking Crime Prevention Policies to reduce crime that is becoming a vexing problem for many Bahamians in The Bahamas.
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‘I feel like I can lead a team to World Series’
JAZZ Chisholm Jr has continued to be one of the breakout stars in Major League Baseball in the 2022 season and has garnered attention for both his production on the field and his style of play.
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Sydney Clarke named to the Conference USA All-Conference Singles Second Team
AFTER completing a successful sophomore season at the University of Alabama at Birmingham, tennis player Sydney Clarke said there’s no better feeling than being back home.
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‘Foolhardy’ if BISX to neglect digital assets
The Bahamas International Securities Exchange (BISX) is “actively pursuing opportunities” in digital assets, its chief executive disclosed yesterday, adding: “We’d be foolhardy to do otherwise.”
