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FTX consumes 21% of Commission costs

FTX’s implosion consumed 21 percent of the Securities Commission’s near-$15m operating expenses last year as it raced to preserve client assets and tackle the legal and regulatory fall-out.

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Fredrick King and Bluejays sweep Summer of Thunder

Bahamian Fredrick King and his Creighton Bluejays men’s basketball team have completed their mission here with a three-game sweep of their matches played this week in the Bahamas Basketball Federation’s Summer of Thunder.

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84-year-old woman dies in car crash in Grand Bahama

An 84-year-old Grand Bahama woman died in hospital on Sunday after a two-car collision on Saturday.

Men’s national basketball team splits wins with Jayhawks

TEAM Bahamas, with the newest addition of Phoenix Suns guard Eric Gordon, split games 1-1 against the University of Kansas (KU) Jayhawks this past weekend in Puerto Rico.

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DIANE PHILLIPS: Suppose we could feed ourselves? One farmer says we can

WHAT could The Bahamas do with an extra billion dollars a year – build two new hospitals? Upgrade schools and fund after-school programmes? Pay down the national debt, boost social services to better serve the elderly and disabled?

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Investigation ongoing after Buckeye oil spill

Environment and Natural Resources Minister Vaughn Miller said investigations remain active and ongoing into the fuel oil spill at Buckeye Bahamas Hub off Pinder’s Point, Grand Bahama.

‘Don’t share carbon credit benefits with oil explorer’

Environmental activists yesterday argued that the full benefits from creating carbon credits, and their subsequent trading, should go to the Bahamian people and not be shared with an oil explorer seeking to recover its $150m investment.

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‘We begin our journey into the realm of sports nutrition’

RECENTLY, I have been deeply fascinated by the profound impact of sports nutrition on athlete achievement and overall well-being.

‘Uncle Lou’ Adderley set to be inducted October 14

THE late Deacon Leviticus ‘Uncle Lou’ Adderley will be among 10 individuals and one team to be inducted into Saint John’s University’s J-Club Hall of Honour on Saturday, October 14, as part of Homecoming festivities.

Health premiums drop $15m on COVID travel cover end

Bahamian health insurers suffered a near-$15m year-over-year decline in group premiums last year due to the Government ending COVID-19 protection plan for visitors.

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Glover-Rolle: Department of Social Services recommends 129 temporary workers be made permanent

STATE Public Service Minister Pia Glover-Rolle said the Department of Social Services recommended that 129 temporary workers be made permanent, 92 of whom are currently being processed.

‘Major progress’ on one insurance law

Regulators say “significant progress” has been made in combining the Bahamian insurance industry’s regulatory regime into one law after the sector saw gross written premiums increase by $60m in 2022.

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Officers questioned whether Evans was identified as a suspect before shooting

AN attorney representing Deangelo Evans’ estate questioned police assertions that Evans was the suspect in an armed robbery that preceded his death in 2018.

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Pirates tie the game with buzzer-beater against visiting VMI team to force overtime

But Virginia Military Institute opts not to play the extra period due to slippery floor at the Kendal Isaacs Gymnasium

STEPHAN Smith canned a buzzer-beating three-pointer for the Pirates to tie their game at 98-98 against the visiting Virginia Military Institute to force overtime last night.

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Domnick Bridgewater and ‘Kino’ Burrows post big game

BEFORE they head off for their national team duties for the Pre-Olympic Qualifying Tournament, guard Domnick Bridgewater and centre Jaraun ‘Kino’ Burrows left their mark on the Bahamas Basketball Federqtion’s Summer of Thunder Tournament.

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WORLD VIEW: Guatemala faces crucial test to its democracy in upcoming elections

Guatemala, the largest country in Central America, is undergoing a critical test of its commitment to democracy and the rule of law in its presidential elections. The outcome will shape the nation’s political and social stability, economic development, and international standing, particularly within the Organization of American States (OAS).

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Minnis: BPL chief says we’re right over Wartsila

Dr Hubert Minnis says Bahamas Power & Light’s (BPL) chief executive has vindicated his administration’s $90m Wartsila investment as he queried whether the utility is increasingly reliant on rental generation once again.

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Bahamas to field its best team ever: FIBA Pre-Olympic qualifier August 14-20

With National Basketball Association’s DeAndre Ayton and Eric Gordon all committed to joining Chavano “Buddy” Hield and Kai Jones, the Bahamas is expected to field its best team for the Pre-Olympic Qualifier in Santiago de Estero, Argentina.

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Jonquel Jones named Eastern Conference Player of the Week

New York Liberty on four-game win streak

BAHAMIAN Women’s National Basketball Association (WNBA) player Jonquel Jones was named Eastern Conference Player of the Week while the New York Liberty enjoys a four-game win streak.

Bahamas ‘tops’ 5m visitors to end-June

The Ministry of Tourism's top official yesterday disclosed that visitor arrivals breached the five million mark for the 2023 half-year although higher-yielding stopovers and air arrivals remained slightly down on 2019's "banner year".