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Mitchell defends Sears over BPL fuel hedging
FOREIGN Affairs Minister Fred Mitchell yesterday defended Works and Utilities Minister Alfred Sears over the controversy surrounding the latter’s conflicting statements over the Bahamas Power and Light fuel hedging issue.
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Thankful for a helping hand in a time of need
CHERYL Adderley said since being diagnosed with a brain tumor, her life has changed drastically as she now depends on the assistance of Social Services.
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FTX FOUNDER ARRESTED: US expected to seek extradition
SAM Bankman-Fried, former CEO of crypto giant FTX, was arrested by the Royal Bahamas Police Force yesterday and will likely face extradition to the United States, Attorney General Ryan Pinder announced.
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Bahamas battles for control over $256m FTX properties
A major legal battle was brewing last night for control of $256.3m worth of Bahamian real estate assets as FTX’s local liquidators sought to extract them from Chapter 11 bankruptcy proceedings in the US.
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Minnis blames Christie Gov’t for Oban debacle
Dr Hubert Minnis yesterday sought to blame the last Christie administration’s failure to conduct “proper due diligence” for the $5.5bn Oban oil refinery debacle, while admitting that his government “took the hit”.
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Central Bank’s waiver drives $202m sovereign debt boost
Incentives that sparked almost $202m of local investor demand for The Bahamas’ US dollar bonds has been “very, very significant” in driving an international debt turnaround, a senior official said yesterday.
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Digital pass to drive jitney unity for 90k
Digital technology was yesterday hailed as a key element in driving New Providence’s jitney industry towards the long-promised unified transportation system through an initiative that will launch in early 2023.
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Minnis: Nation could hit new murder record
FORMER Prime Minister Dr Hubert Minnis said yesterday the country is on track to set another murder record due to the government’s failed handling of crime.
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AG: ‘No go’ for $100m FTX Bahamian returns
The Attorney General last night denied that he or any government official gave permission for FTX’s now-arrested founder to violate a freeze order by returning $100m in assets to 1,500 purported “Bahamian” clients.
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Buddy Hield scores 19 in 87-82 loss to Heat
INDIANAPOLIS (AP) — Bam Adebayo had 22 points and 17 rebounds and Jimmy Butler scored seven straight points late in the fourth quarter to help the Miami Heat hold off the Indiana Pacers 87-82 last night.
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Jonquel Jones posts 29 points, 19 rebounds in blowout victory
JONQUEL Jones continues to lead CBK Mersin to the top of the standings in Turkey’s Herbalife Nutrition Women’s Basketball Super League, and contention in FIBA EuroLeague play.
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WORLD VIEW – NO TIME TO WASTE: Protecting school children and ending gang violence
GANG violence, particularly in schools, and directed at school children, is fast becoming a grave concern throughout the Caribbean.
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THE KDK REPORT: A smile in September
IN January 2020, while getting ready for church, my patient sat in his living room chair to put on his shoes.
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INSIGHT: How would the Alfred Sears of yesterday judge his actions today?
THE story of Alfred Sears and his slow steps toward admitting that he had indeed misled Parliament is a curious one.
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Bahamasair targeting $2m bulk cargo boost
Bahamasair is targeting an initial $2m annual revenue boost from launching bulk cargo services, it has been revealed, with the number of passengers transported in 2022 set to almost double year-over-year.
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Fair share: Hotel rental unit tax not in effect yet
A key Budget measure designed to ensure hotel rental pool units pay their fair share of taxation has yet to be implemented amid the wait for legislation to give it lawful effect.
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‘Banner year’: Resorts beat revenue target by 10% pts
Resorts on major Family Islands are targeting “a banner year” in 2023 after room revenues through to end-October beat the industry’s post-COVID target by ten percentage points.
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Mitchell condemns BPSU for ‘disrespectful’ action
PUBLIC Service Minister Fred Mitchell has condemned the actions taken by members of the Bahamas Public Service Union (BPSU) at the House of Assembly last week, saying it was “unnecessary and disrespectful” for the union to confront acting Prime Minister Chester Cooper on the steps outside Parliament in a hostile fashion.
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FNM: Sears throwing PM under bus
FREE National Movement leader Michael Pintard accused Minister of Works Alfred Sears of throwing Prime Minister Philip Davis “under the bus” on the Bahamas Power and Light fuel hedging controversy.