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Happy Platinum Jubilee

What an achievement. Something most of us can only aspire to and look on in awe. Her Majesty The Queen is celebrating a Platinum Jubilee, marking 70 years of service to the people of the United Kingdom, the Realms and the Commonwealth.

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Cruise port hits 97% end-May occupancy

Passenger occupancies on vessels calling at Nassau Cruise Port in the final week of May exceeded 97 percent, it was revealed yesterday, signalling the sector is closing on full recovery from COVID-19’s ravages.

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Budget’s housing focus can be ‘windfall catalyst’

The Budget’s focus on stimulating home ownership “could be the catalyst that triggers an economic windfall” by boosting investor confidence in the wider economy, the Bahamian Contractors Association’s (BCA) president believes.

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Ministry to celebrate Cooperative Month

THE Ministry of Agriculture, Marine Resources and Family Island Affairs is celebrating Cooperative Month this month.

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Isaacs Jr and Seymour offensive leaders

ANFERNEE Seymour and Todd Isaacs Jr have had productive starts to their seasons in independent baseball leagues and have emerged among early offensive leaders for their respective clubs.

O’Neil Williams gets set to run in Berlin Marathon

VETERAN distance runner O’Neil Williams will have another opportunity to add to his résumé of accolades when he competes in the elite field of one of the most highly regarded events on the international marathon circuit.

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National Congress: We’ll stay strong despite union split

THE National Congress of Trade Unions of The Bahamas says the organisation will remain strong and continue to represent workers in the country after several unions ended their affiliation with umbrella organisation.

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Cable in $169m refinance amid return to profitability

Cable Bahamas yesterday unveiled plans to refinance $169m in preference share debt, and slash annual interest payments by $500,000, after generating its first quarterly net profit for several years.

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‘Fantastic’ food tariff cuts won’t fully offset inflation

The Budget’s tariff cuts “can’t compensate” fully for the 20 percent increase in food prices since late 2021, Super Value’s principal said yesterday, although they may cover “half of what was lost” by the return of breadbasket VAT.

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Ex-BACO president in ‘non-compete’ dispute

A past Bahamas Association of Compliance Officers (BACO) president was yesterday said to be free to “engage in her profession” after a Florida appeals court refused to extend a non-compete injunction relating to a two-year legal battle.

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Four face court on drugs charges

FOUR men were arraigned in Magistrate’s Court yesterday on separate drug charges.

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Demeritte named men’s track and field coach of the year

An historic season for the Life University Track and Field programme yielded another accolade for head coach Dominic Demeritte.

HomeTown Lender new Bahamas Bowl sponsor

COLLEGE FOOTBALL BOWL SEASON BEGINS IN THE BAHAMAS ON FRIDAY, DECEMBER 16

NASSAU, Bahamas – Bowl Season will begin in the Bahamas this year as the longest-running international bowl game in college football history, the HomeTown Lenders Bahamas Bowl, will be played Friday, December 16 at 11:30 am ET.

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THE KDK REPORT: This new horizon

WELL-KNOWN for its beautiful beaches and world-class museums, Niteroi is a city in the southeast region of Brazil, facing Rio de Janeiro and just across from Guanabara Bay. It is also the birthplace of one of my patients, who like so many others, has had to overcome more than her fair share of challenges.

All truss-ed out on Budget’s tax cuts

A Bahamian contractor yesterday warned that the Government’s decision to eliminate 20 percent duty on imported roof trusses will “put us out of business” in a segment that has kept his overall operation afloat.

No monkeypox cases recorded in The Bahamas

THE Ministry of Health and Wellness has assured the public there are no confirmed cases of Monkeypox in the country.

Gov’t seeks ‘happy medium’ for domestic poultry farmers

An Abaco poultry farm believes the Government’s Budget is trying to strike a “happy medium” for stimulating the sector with plans to lower electricity costs designed to offset duty reductions on rival imports.

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Education budgets ‘have been underfunded for a while’

EDUCATION Minister Glenys Hanna Martin says while budgets for her ministry have been underfunded over the years, she is hoping the financial provisions this fiscal cycle are more in line with what is expected of the placement of education.

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Moody’s: Multiple ‘risks’ to Gov’ts fiscal forecast

Moody’s last night warned of multiple “risks” to the Government’s fiscal consolidation projections due to the absence of any tax increases in the just-unveiled Budget, while spending restraint will “weigh on economic growth”

Gov’t to cut foreign debt portion in half

The Government is aiming to slash the portion of its debt held in foreign currency by more than 50 percent, a Cabinet minister said yesterday, as he reaffirmed the key components of its liability management strategy.