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BUSINESS BITES: The Budget catastrophe belongs to the PM

Woe unto us! A little over a year ago we elected a new Government that would lead us into a land flowing with biblical milk and honey. Instead, we are left, like Job, to repent in dust and ashes. In its most basic function, creating the budget that controls our economy, Dr Minnis’ FNM party, with nearly 90 percent of House seats, has managed to lose the faith of its citizens.

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Bahamas First in 18.5% motor claim increase

Bahamas First has seen a 20 percentage point decline in comprehensive insurance policies’ share of its auto book since the recession began, with total Bahamian motor claims increasing by 18.5 per cent in 2012. ==

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‘Splash brother’ Klay will be fine for the NBA Finals

What most analysts originally considered too long a break between the NBA Conference Finals and the Finals turned out to be a blessing in disguise for Bahamian Klay Thompson as he recovers from a concussion.

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‘Give Bahamians chance to buy low-price bonds’

OPPOSITION leader Michael Pintard has urged the government to provide Bahamians with the opportunity to purchase international bonds while they are trading low.

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Coleby and Happinets extend winning streak to five games

KADEEM Coleby and the Akita Northern Happinets extended their winning streak to five games and have won 10 of their 12 games in the month of December to re-enter the playoff picture.

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New VAT policy to aid Abaco & Grand Bahama

PRIME Minister Dr Hubert Minnis announced a new VAT policy for Abaco and Grand Bahama yesterday to assist with rebuilding efforts.

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College students urged to get tested for HIV

As someone who has lost a family member to the deadly AIDS virus, a student of the Bahamas Technical and Vocational Institute (BTVI) spoke about how important it is for college students to know their status.“It’s important for college students to kno

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‘Revenue rise fruit of FNM’s policies’

FORMER State Minister for Finance Kwasi Thompson said the former Minnis administration’s fiscal strategy is bearing fruit, citing a recent report that found that revenue performance surpassed $550 million in the first quarter of the fiscal year 2021/2022.

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Munroe, Isaacs Jr latest call-ups for spring training

WITH the latest call-ups, a total of seven Bahamian minor league prospects have now participated in spring training with their respective Major League Baseball organisations.

Residents graduate from NEMA course

ABOUT 30 residents graduated from a Safer Building Code Course held on Cat Island, where most of the homes were severely damaged during the passage of Hurricane Sandy in 2012.

Bank chief reassures clients and investors

Bank of the Bahamas’ (BOB) managing director has reassured customers and its 4,000-plus shareholders that it has a robust capital position matched by adherence to “sound banking principles that are consistently tested and validated by internal and external authorities to ensure the highest standards of prudence.”

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CI Gibson Rattlers emerge as winners of Providence Basketball Tournament

The CI Gibson Rattlers, still riding a perfect season on the local scene although they are coming off two losses overseas, emerged as champions of their own Providence Basketball Tournament.

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‘It’s bouncing back with a vengeance’

Tourism was yesterday said to be “bouncing back with a vengeance” with 13,000 cruise visitors expected in the week before Independence and Nassau’s mega resorts reporting occupancies of up to 90 percent.

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NHI: We’ll protect 90% of Bahamians by 2025

The National Health Insurance (NHI) scheme is targeting a rapid expansion that aims to provide “more than 90 percent” of Bahamians with its basic primary care coverage by 2025.

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NFL Draft: The Colts select Mike Strachan

Mike Strachan’s lifelong pro football dreams became a reality when he heard his name called on night three of the 2021 National Football League Draft.

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DPM: ‘Three credible offers’ for Lucayan

Three “credible offers” to acquire the Grand Lucayan resort are presently being studied, the deputy prime minister said yesterday, as he and others touted $1bn worth of investments being “in the pipeline” for Grand Bahama.

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Philanthropist who helped The Bahamas dies, aged 75

JOHN M Templeton Jr, one of the world’s leading philanthropists whose work benefitted The Bahamas, has died of cancer at his Pennsylvania home in the United States. The president and chairman of the John Templeton Foundation passed away on Saturday. He was 75.

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Minister backs commissioner claims COVID had no impact on crime levels

NATIONAL Security Minister Marvin Dames yesterday defended the efforts of police officers for their contributions in helping to reduce overall crime, telling critics there is no data to suggest the COVID-19 regulations had an impact on offences.

Fishermen hail 45% increase in crawfish prices

Bahamian fishermen yesterday hailed this season’s 45 percent increase in crawfish prices to $16 per pound as “the best we have ever had” since they started in the industry. Keith Carroll, the Bahamas Commercial Fishers Alliance’s (BCFA) vice-chairman

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Bahamians clinch titles in NCAA Division I Basketball

AS the NCAA Division I college basketball season winds down, several Bahamian student athletes clinched conference regular season titles ahead of the postseason.Nathan Bain and the Stephen F Austin Lumberjacks continue to be one of the most talked ab