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Buddy scores 20 as short-handed Cavs get 90-82 win over Pelicans
CLEVELAND (AP) — LeBron James scored 26 points and the short-handed Cleveland Cavaliers rallied for a 90-82 win over the New Orleans Pelicans last night.
PLP chair branded ‘delusional’ as debt ratio soars to 78%
Bradley Roberts was yesterday branded “delusional” for asserting that the Christie administration had “rescued the Bahamas from the brink of the fiscal cliff”, after it emerged that this nation’s debt-to-GDP ratio ended 2016 at 78 per cent.
Over 1,000 firms escape mandatory VAT registration
The Government yesterday estimated it would lose over 1,000 mandatory Value-Added Tax (VAT) payers in increasing the registration threshold to $100,000, but would still “capture” almost 98 per cent of economic activity.
Looking to a future after Ingraham
SO Hubert Alexander Ingraham has been forced to exit, stage left – and just as his personality cult was kicking in big time.
Tributes paid for 100th birthday celebration
GOVERNOR General Sir Arthur Foulkes presented Rachel Elizabeth Jennings with a bouquet of flowers in honour of her 100th birthday during a visit to Government House on April 13.
Radio over-saturation ‘will always be concern’
A top regulator yesterday said concerns about the Bahamian radio broadcasting market being over-saturated “will always be around even if we had 50 percent of the stations we have now”.
PETER YOUNG: From the summit of success to now being shown the door - it’s all over for Boris
“ALL political careers end in failure”. Those were the memorable words of Enoch Powell, who was a leading right-wing Tory, and some say a contrarian and a maverick politician, of the 1960s and beyond. It is a fair bet that some of the older generation in Britain will have recalled this famous dictum when watching Prime Minister Boris Johnson’s resignation statement outside No 10 Downing Street last Thursday as he stood down from what he called “the best job in the world”.
McLean and No.2 Cougars advance to NCAA ‘Sweet 16’
MIKHAIL McLean and the Houston Cougars were one of the few higher seeds to avoid an upset and have advanced to the NCAA Division I Mens’ Basketball Tournament’s “Sweet 16.”
Bahamas to host Aqua X World Championships
The Bahamas’ sports tourism product is set to expand with a new initiative by the Atlantis resort, the Bahamas Ministry of Tourism and Aviation, the Nassau/Paradise Island Promotion Board and P1 Aqua Cross (branded Aqua X) Racing.
NHI's extra $10m 'no cost overrun'
Top National Health Insurance (NHI) executives yesterday said extra government funding was required to cover the five percent monthly increase in beneficiaries, and did not represent a “cost overrun”.Dr Robin Roberts, the National Health Insurance Au
Contractor chief: 'Show me numbers' on Pointe
The Bahamian Contractors Association’s (BCA) president yesterday demanded to “see the numbers” showing Bahamian participation on The Pointe project has increased 100-150 percent.Leonard Sands called on the government to show just how many Bahamians a
Properties taxed on just 40% of value
The average Bahamian property is being taxed on just 40 per cent of its market value, a report warning that this is creating “efficiency and equity distortions” that undermine revenue yields and compliance.
GB Power: No rate rise from $18.3m asset recoveries
The Grand Bahama Power Company’s (GBPC) majority shareholder yesterday confirmed it had been given regulatory approval to recover $18.3 million tied up in retired generation units, although it emphasised this would not lead to an increase in customer tariffs.
SUFFERING ON THE STREET AS HEAT SOARS: Hot weather affecting everyone, but homeless are especially vulnerable
BAHAMIANS of all backgrounds are scrambling for relief from the brutal heat this summer, but for some of the country’s poorest residents, managing the conditions is an existential challenge.
New faces join ranks of public servants after vote
THE official results are in for the local government elections on Grand Bahama and several newcomers were elected to represent and serve their communities. In the City of Freeport District, six of the nine councillors are newcomers to local government.
Doctors fear ‘minimum’ 25% cost rise with NHI
Doctors fear the Bahamas will be left with “a dysfunctional health system” if the Government forges ahead with National Health Insurance (NHI), as the current model is plagued by funding shortfalls and threatens to increase their costs by “a minimum” 25 per cent.
VAT health claims change ‘may’ not happen April 1
The Government “may not” implement the new VAT treatment for medical insurance claims payouts by its April 1 target, it was revealed yesterday, with the decision hinging on a meeting with healthcare stakeholders later this week.
BISX: 50/50 buyer-seller ratio 'damn good market improvement'
The Bahamas International Securities Exchange’s (BISX) chief executive believes a “damn good improvement” is occurring in the stock market, with the buyers-to-sellers ratio now standing at 50/50 after deteriorating to 20/80 at the recession’s peak.
$80m energy project eyes 25% cost slash
An $80 million renewable energy project believes it could slash electricity costs for consumers on 15 Family Islands by at least 25 per cent, having met or exceeded the Government's own pricing targets.
'Web shops will have a Christmas party but hate to pay their staff a decent salary'
MORE than 1,000 trade disputes were filed with the Department of Labour in 2018, Labour Minister Dion Foulkes revealed yesterday during his budget contribution in the Senate. In total, 1,207 disputes were filed. Labour Director John Pinder later told
