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Halkitis: We don't yet know size of the country's deficit

DESPITE comments by the chairman of the PLP, the government has yet to determine a "ball-park figure" of the country's budget deficit, State Finance Minister Michael Halkitis said yesterday.

Blow to Cuban hopes for oil as well proves dry

By ALAN CLENDENNING AP Business Writer MADRID (AP) -- Spanish oil firm Repsol said Tuesday it will stop looking for oil in Cuba after hitting a dry well drilled at a cost of more than $100 million, a blow to the island nation desperate to find its own ene

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Tropical Storm Sandy to bring strong wind, rain

FORECASTERS are warning of strong winds and scattered storms for the duration of the day as Tropical Storm Sandy draws closer to The Bahamas.

Promotion Board in 67% website visitor increase

The Nassau Paradise Island Promotion Board's (NPIPB) chief executive says there has been a 67 percent year-over-year jump in visitor traffic to its website as it works to convert this increase into actual visitors.

HUNDREDS RAISE MONEY FOR CANCER HOSPITAL

ATTRACTING more than 300 preschoolers and toddlers and raising $12,818.30, the 2012 staging of the St Jude's Children's Research Hospital Trike-A-Thon on January 27 in Sandyport is being hailed as a tremendous success. A St Jude Hospital tradition for mor

HUNDREDS RAISE MONEY FOR CANCER HOSPITAL

ATTRACTING more than 300 preschoolers and toddlers and raising $12,818.30, the 2012 staging of the St Jude's Children's Research Hospital Trike-A-Thon on January 27 in Sandyport is being hailed as a tremendous success. A St Jude Hospital tradition for mor

HUNDREDS RAISE MONEY FOR CANCER HOSPITAL

ATTRACTING more than 300 preschoolers and toddlers and raising $12,818.30, the 2012 staging of the St Jude's Children's Research Hospital Trike-A-Thon on January 27 in Sandyport is being hailed as a tremendous success. A St Jude Hospital tradition for mor

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‘We’re flattening the curve’

HEALTH Minister Renward Wells declared in the House of Assembly yesterday that Bahamians are flattening the COVID-19 epidemic curve.

Govt urged: ‘Don’t penalise all firms’

The Government has been urged not to “penalise” all businesses for the actions of a few through its labour reforms, the Chamber’s chairman calling for longer term employee safeguards to be put in place.

Govt spending controls will require ‘innovation’

THE Government’s ability to implement spending controls “will require innovation”, the Chamber of Commerce’s chairman arguing that it must demonstrate its commitment to balancing the Budget without damaging the economy.

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Central Bank hit by staff sickout

A NUMBER of Central Bank workers called in sick yesterday to protest unresolved grievances with management.

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$900m risk from rising sea levels

RISING sea levels could cause the tourism industry to lose almost $900 million a year by 2050, says a research group.

Mexicans group front runner for GB casino

TOURISM Minister Obie Wilchcombe said yesterday the Government was viewing a Mexican group as the front-runner to become the new casino operator at the Memories Grand Bahama Beach and Casino Resort.

Cigarette manufacturer targeting $3m in sales

A Grand Bahama-based cigarette manufacturer is reporting “excellent market interest” in its Palms brand less than three months after its launch, with sales exceeding initial expectations.

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Valley Boys taking legal action after Roots declared New Year's winner

THE Valley Boys Junkanoo group is taking legal action against the Junkanoo Corporation of New Providence (JCNP), amidst revelations that the Roots Junkanoo group have been declared the official winner of the New Year's Day Junkanoo Parade.

GB Power: ‘16 deficiencies’ in its metering and billing

A well-known Freeport food retailer is now challenging its more than $40,000 monthly electricity bill in the Supreme Court, a move that comes after a report uncovered “16 deficiencies” in Grand Bahama Power Company’s metering and billing practices.

Minister: $200m spend rise not what it seems

A Cabinet Minister yesterday said the $200 million rise in the Government’s recurrent spending was not what it seemed, and largely represented the transfer of expenditure between accounts.

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With one in six Bahamian men affected, here is how to lower your risk of prostate cancer

The World Health Organisation (WHO) has registered that 200 Bahamian men were diagnosed with prostate cancer in 2019, and that number is likely underestimated, as several Bahamians seek prostate cancer screening and treatment abroad and are therefore often not captured in local statistics.

NPBA playoffs: Giants sweep High Flyers 2-0

THE Commonwealth Bank Giants will advance to NPBA championship finals after defeating the Sand Dollar Imports High Flyers 96-81 on Friday night at the A.F. Adderley Gymnasium.

Biodiesel firm is 'coiled spring ready to explode'

A Bahamian biofuel producer yesterday described itself as “a coiled spring ready to explode” with ramped-up sales after four painstaking years of perfecting its product. Scott Metcalf, Bahamas Sustainable Fuels’ general manager, told Tribune Busines