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Farkas-Kerzner in deal for Baha Mar
ACCORDING to sources close to the negotiations, The Tribune has learned that a deal in principle has been struck for Baha Mar between Island Capital Group LLC, a private real estate merchant bank led by Andrew Farkas and partnered by hotel magnate Sol Kerzner, the Export-Import Bank of China and China State Construction Engineering Corporation Ltd.
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WHO declares global emergency over spread of Zika virus
The World Health Organisation (WHO) yesterday declared a global emergency over the explosive spread of the Zika virus, which has been linked to birth defects in the Americas, calling it an “extraordinary event” that poses a public health threat to other parts of the world.
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Sporting Mischief and Mayhem: When sporting lives are tragically taken too young
THIS past week was definitely an emotional rollercoaster in sports, filled with the highest of highs and the lowest of lows.
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Pintard says govt playing blame game over crime
FREE National Movement Chairman Michael Pintard yesterday said the noticeable disconnect within the Christie administration has played a factor in the skyrocketing levels of crime in the country leaving Bahamians under “siege” by criminals.
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Reaching out hands to bring an end to crime
BAHAMAS Against Crime Executive Director C B Moss yesterday called for community based anti-crime initiatives as his organisation launched its “Hands Around Bain and Grant’s Town” project, explaining that only a focused approach could alleviate the “violent crime spree” in the country.
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Bran: ‘How many must die before we carry out capital punishment?’
DEMOCRATIC National Alliance Leader Branville McCartney yesterday asked “how many more must die” to violence before lawmakers do what is necessary to protect the public and carry out capital punishment.
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Dell’s Naturals
FOR several years now, Randell Haynes has been very particular when it comes to what products she uses on her hair and skin.
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Nassau/PI resorts enjoy ‘best quarter’ for 7 years
The Nassau/Paradise Island hotel industry has enjoyed its “best quarter performance for seven years” during the first three months of 2015, with occupancies ahead of year-before comparisons through April.
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'I seek favour of the people, not the establishment' says Greg Moss
MARCO City MP Greg Moss said he does not fear retribution from fellow House of Assembly representatives following his abrupt resignation as a member of the governing Progressive Liberal Party (PLP).
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Bishop backs salary payment
BISHOP Simeon Hall yesterday said he supported the government’s decision to pay the salaries of more than 2,000 Baha Mar employees despite not yet honouring its promise to assist the thousands of people who lost millions of dollars when CLICO (Bahamas) collapsed.
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Nassau Village residents tell of their fear of crime
RESIDENTS of Nassau Village yesterday voiced their fears about the proliferation of crime in their area and worried that a promised increased police presence might not be enough to stop the problem.
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BREAKING NEWS: BAHA MAR STATEMENT ON PRIME MINISTER'S DECISION
Baha Mar Ltd. issued the following statement this afternoon with regard to the Prime Minister’s decision announced last night:
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Report urges oversight controls
THE independent report commissioned into the Urban Renewal Small Home Repairs programme called for the government to immediately establish a litany of controls to increase oversight of the project’s operational management and payment system.
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Deputy PM accused of discrediting auditor
LONG Island MP Loretta Butler-Turner yesterday accused Deputy Prime Minister Philip Davis of seeking to discredit the Office of the Auditor General by undermining its official report into the Urban Renewal Small Home Repairs programme.
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Baha Mar granted leave to appeal bankruptcy ruling
A SUPREME Court judge yesterday granted leave for Baha Mar attorneys to appeal his previous decision not to recognise the mega resort’s ongoing Chapter 11 bankruptcy proceedings in the Bahamas.
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CCA breaks ground on $250m Bay Street development
CHINA Construction America yesterday broke ground on its $250m Bay Street luxury development with no end in sight to its dispute with mega-resort Baha Mar over the completion of the $3.5bn Cable Beach project.
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QC mulls legal challenge to 'illegal' HCA extension
AN OUTSPOKEN lawyer said yesterday that he was mulling whether to launch a legal challenge to what he called an “illegal” and “unconstitutional” move by the government to extend the Hawksbill Creek Agreement (HCA) for a further six months.
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Gov’t possesses ‘last piece of VAT puzzle’
The first-ever Value-Added Tax (VAT) quarterly filings are “the last piece of the puzzle” for the Government in determining whether it will meet annual revenue projections for its new tax, a top official believes.
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Private sector brands VAT compliance ‘very impressive’
Super Value’s owner has described initial Value-Added Tax (VAT) compliance rates as “very impressive”, amid hopes there has been “a paradigm cultural shift” in attitudes towards paying taxes.
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Weather fears for carnival
ORGANISERS fear that bad weather might negatively affect the inaugural Bahamas Junkanoo Carnival when it is launched in three days in New Providence.
