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National debt growth slows as hits $11.5bn

The national debt's growth rate slowed below 1 percent during the three months to end-March 2023 as the total sums owed by The Bahamas to its creditors rose to just under $11.5bn.

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Alexis Gray’s switch from track to wrestling has been ‘very refreshing’

SINCE completing her tenure at Texas Southern University in 2019, Alexis Gray decided to make the transition to wrestling.

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Handle downsizing with necessary care

In business, downsizing refers to reducing operating costs and making a company leaner. It is often is described as ‘trimming the fat’. This involves reducing the size of the workforce, closures and making the various units more productive and efficient. The aim of downsizing is to restructure a company in order to make it more competitive. It is a natural progression in terms of its development.

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Realtors voice fears on tax 'inconsistency'

Realtors yesterday voiced concern over "the optics" and "inconsistency" of tax policy as the Government moves to adjust the VAT paid on real estate sales to ensure foreign buyers pay a 10 percent rate across-the-board.

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*SKYGUARD | METEOROLOGY DEPT. WEATHER eUPDATE*

Tuesday, 13th June, 2023.

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Atlantis will 'certainly' submit more Royal Caribbean queries

A senior Atlantis executive yesterday said Royal Caribbean has "addressed some of our concerns" about the impact its project will have on Paradise Island's coastline but the mega resort will "certainly" be submitting more questions.

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Injured Strachan: I could have won first NCAA title

IT was a painful experience over the weekend as Bahamian national javelin record holder Keyshawn Strachan sat and watched the National Collegiate Athletic Assocation's National Track and Field Championships rather than competing in it.

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*SKYGUARD | METEOROLOGY DEPT. SEVERE Wx eALERT*

*10:30PM MON. JUNE 12th, 2023*

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Ex-Sky chief blasts 'travesty of justice'

Sky Bahamas principal yesterday slammed as "a travesty of justice" a Supreme Court ruling that ordered the now-defunct airline to pay $220,000 plus interest to the owner of its hangar at Lynden Pindling International Airport (LPIA).

'Far from over' on Royal Caribbean PI project

A former Bahamas National Trust (BNT) executive says environmental advocates were able to make "progress" in raising their concerns at last week's hearing on Royal Caribbean's Paradise Island project, adding: "This is far from over."

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FTX Bahamas liquidators not 'nuked' from reversal

The Bahamas' status as a non-nuclear power did not influence the decision to refuse FTX's local liquidators relief from the worldwide asset freeze imposed by Chapter 11 bankruptcy proceedings, a Delaware judge has asserted.

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Navy called in as severe flood levels hit Exuma

RESIDENTS in Exuma suffered “severe flooding” over the weekend, Deputy Prime Minister Chester Cooper said yesterday, adding a Royal Navy vessel has been called in to help pump out water from affected areas.

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Rhema Otabor wins NCAA javelin title

NEBRASKA'S junior Rhema Otabor got the early lead and held on for a personal best and collegiate leading mark to win the women's javelin title at the National Collegiate Athletic Association Outdoor Track and Field Championships in Austin, Texas.

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*SKYGUARD | METEOROLOGY DEPT. - TROPICAL Wx eAlert*

Sunday, 11th June, 2023.

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Deputy PM releases statement on Exuma flooding

Deputy Prime Minister and Member of Parliament for Exuma and Ragged Island Chester Cooper has released a statement concerning the flooding in Exuma.

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BPSU members call for meeting with PM

DOZENS of financial and accounting officers gathered outside the Prime Minister’s office Friday in a show of frustration at the lack of promotions in the Finance Ministry.

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UK tells Bahamas: Let’s expand 295% export rise

The UK wants to build on last year's 295.1 percent increase in Bahamian exports and thus cure its "historical commercial underrepresentation" in this nation, its trade chief for Latin America and the Caribbean has revealed.

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FTX: $7.7bn owed to Bahamas ‘misleading’

A key financial adviser to FTX's US chief yesterday disputed as "misleading" assertions that some $7.7bn is currently owed to the failed crypto exchange's Bahamian subsidiary.