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Jailed for 18 months over gun used for ‘protection’
A 25-year-old man who was found with an illegal firearm that he claimed he had for “protection” was yesterday sentenced to 18 months in prison.
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Man gunned down in morning shooting
A 29-year-old man became the country’s latest murder victim after he was gunned down outside his home early yesterday morning.
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US visa concern
Here is a matter of great concern, I am one of the Bahamians who falls in the category of Bahamians who need a US Visa B1/B2 to visit the States, but felt I was wrongly treated in my reapplying for the visa, following numerous submitted applications through a JP Visa prepared my visa wasn't approved, but each time was told I may re-apply at a later date and I always waited over the suggested waiting time six months before re-applying.
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'Major concern' over BISX listed firm's $5m prefs
The $5 million investment in a BISX-listed firm’s preference shares “is of considerable concern” to the liquidators of its largest client, who have warned that the deal will receive their “continued attention”.
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$358m penalty for fraud with Bahamas 'alter ego'
A US judge has imposed a $358 million fine on the perpetrators of an alleged multinational fraud that he found employed a BISX-listed firm’s subsidiary as its “alter ego”.
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'Severely hampered' over legal action against Alliance
Liquidators for an alleged multi-million dollar Ponzi scheme have been “severely hampered” by a lack of financing in their efforts to recover a $5 million investment, and pursue legal action, against a BISX-listed company’s main affiliate.
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Commission forces Benchmark into broker 'guarantee'
BISX-listed Benchmark (Bahamas) has been forced to “guarantee” its broker/dealer subsidiary will meet all financial obligations for “at least 12 months”, after regulators expressed concern over whether it was a ‘going concern’.
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Shockers get 87-74 win over Giants
WILLIAM ‘JR’ Rigby, in another Most Valuable Player performance, pumped in a game high 42 points to lead the Real Deal Shockers to a 87-74 victory over the Commonwealth Bank Giants.
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NPBA sets the stage for championship
WITH all two game sweeps of their best-of-three semifinal series over the weekend at the AF Adderley Gymnasium, the stage is now set for the New Providence Basketball Association’s best-of-five championship series in both the men’s division one and II.
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Hield held below 10 points, Sooners lose
HOUSTON, Texas — Kris Jenkins was caught in midair as he tried to draw a foul and just as he was about to lose the the ball or be called for a travel, he hurled a desperation three that fell through the bottom of the net to put the Wildcats up by 40.
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Devynne helps lead the Boilermakers to second place
DEVYNNE Charlton turned in another big performance over the weekend as she helped to lead the Purdue University Boilermakers women’s track team to a second place finish at the Big Ten Conference Championships in Geneva, Ohio, where she turned in three personal best times, two school records, a facility record and a Bahamian national record.
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Insurance ‘confusion’ over first VAT returns
Large insurance industry players were caught up in “confusion” over whether it was necessary for them to complete Value-Added Tax (VAT) returns for January despite their ‘exempt’ status, Tribune Business was told yesterday.
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‘Distress’ as private emails revealed by Fitzgerald
SAVE The Bays Director Joseph Darville has said in a newly filed Supreme Court affidavit that the recent public disclosure of STB members’ personal emails by a member of Parliament is “extremely distressing” as it was an invasion of privacy that has left all involved feeling violated.
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Government approves $2m to rebuild BAMSI dorm
THE government has approved the use of more than $2m to rebuild the Bahamas Agriculture and Marine Science Institute (BAMSI) dormitory that was destroyed by fire in early 2015, according to Agriculture and Marine Resources Minister V Alfred Gray yesterday.
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Penalty for small amount of cannabis higher than other Caribbean countries
THE penalty for having a small amount of cannabis in The Bahamas would be higher than most countries in the Caribbean that have decriminalised the drug if the Davis administration’s proposed legislation becomes law.
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PAHO: Be vigilant over monkeypox
THE Pan American Health Organisation (PAHO) has urged countries in the region to remain vigilant in light of monkeypox being declared a global health emergency.
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HOW WE GOT INTO THIS MESS TO START WITH
THERE’S a story doing the rounds that bears repeating. The location is a small town somewhere.
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Bahamas beats exchange rate pressure average
The Bahamas’ fixed exchange rate has exceeded the average for small island states by coming under pressure three times’ between 1999-2010, an International Monetary Fund (IMF) paper has revealed, with its foreign reserves covering only 60 per cent of a new benchmark its authors have developed.
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FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION
By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop
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FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION
By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop
