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Fidelity bank chief Bowe says it would be unwise to reduce taxes on gas

A TOP financial expert says reducing taxes on gas in response to soaring prices would be unwise and short-sighted.

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Out Island hotels ‘dial up volume’ to offset fuel hike

Out Island resorts are “dialling the volume up” on air fare and fuel credits in a bid to offset the impact of fuel price volatility on airline tickets, a senior executive has revealed, thus enabling them to avoid slashing room rates.

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Gas station shut down to ‘bring country to halt’

A gas station shut down would “bring the country to a halt” and threaten the “nascent recovery” from COVID-19, a governance reformer warned yesterday, adding that such a move would be “ill-advised”.

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Private bank worker’s $58k win overturned

A private bank employee has seen a $58,000 damages award against her former employer overturned after she breached its client confidentiality policies in deciding to complete work assignments at home.

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Treasure Cay buyer refuses $20m bond

A controversial purchaser of Abaco’s Treasure Cay Resort has failed to lodge a $20m bond demanded by the seller, North Abaco’s MP confirmed yesterday.

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Full churches to boost funeral employment

The Bahamas Funeral Directors Association’s (BFDA) president yesterday said the post-COVID return of 100 percent church occupancy will enable the industry to hire more people.

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Tourism giants in ‘coral reef gene bank’ move

Conservationists are partnering with Atlantis and Disney to create a “coral reef gene bank” to save several Bahamian species in danger of being wiped out by disease, Tribune Business can reveal.

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30 months for sex offence

A 32-year-old man who masturbated in front of a woman with whom he shared a cell last year was sentenced to 30 months in prison yesterday.

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‘Govt should have handled food programme row better’

OFFICIAL Opposition Leader Michael Pintard said the government should have been more measured in how it handled allegations about the Minnis administration’s food programme, adding that with recent developments it was duty bound to answer questions in Parliament.

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Strachan and Colts get set for offseason training

In less than a week, Mike Strachan and the Indianapolis Colts will begin their offseason training regimen in preparation for the 2022 season.

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Two game leads in NPBA best of five championship series

THE Giants basketball teams are at opposite ends of the spectrum against the Rockets as the New Providence Basketball Association began its best-of-five championship series over the weekend at the AF Adderley Gymnasium.

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Grand Bahama basketball tournaments completed

THE Grand Bahama Secondary Schools Sports Association completed the joint Carl Sands Construction under-17 and Franco/Scott/Quinton Big Three under-13 basketball Tournament on Saturday at the Jack Hayward Secondary High School.

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THE KDK REPORT: What lies beneath

THERE was a time growing up in Nassau, and perhaps many places, when finding out someone had cancer was so rare that it was considered shocking. The island gossip mills churned for weeks on end with callous disregard and absolute bewilderment by the mere occurrence and in some cases friends of the newly diagnosed quietly shied away out of fear that it might be contagious.

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INSIGHT: Cautious but confident in this COVID lull

YESTERDAY marked a moment when things seemed to get back to normal for many Bahamians.

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Pintard criticises Munroe comments

FREE National Movement Leader Michael Pintard said controversial comments made by National Security Minister Wayne Munroe regarding a child sex case can “cultivate the wrong mindset” among some in society, including law enforcement officers.

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‘We are looking at anti-gang legal move’

ATTORNEY General Ryan Pinder said he has been asked by Prime Minister Philip “Brave” Davis to look at regional gang legislation to determine if a stand alone new law should be enacted or if changes should be made to the Penal Code.

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Super Value chief: Food price peak ‘in 6 months’

Super Value’s principal is optimistic that soaring global food prices could peak “in six months’ time” as it relies on high warehouse inventories and “forward bookings” to mitigate the impact on Bahamian consumers.

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‘Leave us alone and we’ll blow 2018 GDP out water’

Abaco’s economic output “will come roaring back and blow 2018’s figures out of the water” if the island’s recovery is freed from the Government’s constant rule changes, its Chamber of Commerce president argued yesterday.

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Gas dealers: 50% margin rise to avoid Easter strike

Gas station operators are seeking a 50 percent margin increase and for its calculation to be based on a percentage, as opposed to a fixed amount, amid threats that up to 80 percent of them may strike this Easter weekend.

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Soaring prices

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THE US Federal Reserve apparently intends to raise interest rates significantly – and reduce the balance sheet. Fed Reserve governor, Lael Brainard, signalled this aggressive action.