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Bimini: Bahamas 'trades quality for quantity'

A world-renowned dive guru yesterday said the Bahamas was sacrificing “quality for quantity” with its tourism development policies for Bimini, adding that he was “heartbroken” the Court of Appeal had failed to halt Resorts World’s dredging.

Four months to 'convince' Gov't on spending cuts

The Tax Coalition has four months to “convince” the Government that commitments to spending curbs are “essential”, a co-chair adding that expenditure increases across 30 ministries do little to inspire confidence.

Super Value boss: VAT on January 1 is 'a joke'

Super Value’s owner has warned that the Government’s target Value-Added Tax (VAT) implementation date is becoming “a joke”, suggesting that March 1 is the earliest achievable start date.

PHA Supply consortium 'a very slippery slope'

The proposed Public Hospitals Authority (PHA) medical supplies consortium was yesterday branded “a very slippery slope”, the FNM’s deputy chairman arguing that the projected savings did not justify “devastating” the private sector.

Babak ‘divorce’ to unlock GBPA sale

An outspoken QC yesterday pronounced himself “absolutely thrilled” to learn that the Grand Bahama Port Authority’s (GBPA) feuding owners seemed to have united and finally “divorced” themselves from ex-chairman, Hannes Babak.

Moody’s report a ‘red flag’ alert

Moody’s has raised “a red flag” over the need to contain government spending and spur faster economic growth, the Opposition’s finance spokesman is arguing.

CLUBS AND SOCIETIES 12 June 2015

Bahamas Actors & Filmmakers Group. - A meeting was held on Monday of the Bahamas Actors & Filmmakers Group, bringing together members of the Bahamian acting and filmmaking community.

BTC faces 20% income cut via monopoly end

The Bahamas Telecommunications Company (BTC) is bracing for a 20 per cent cut in income over the next four years as a result of losing its lucrative cellular monopoly, it was revealed yesterday.

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‘The most important decision British voters will have to make in a lifetime’

Stay or go? Peter Young examines how the UK’s place in Europe is in the balance before tomorrow’s referendum

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Deficit's 75% cut hinges on $400m revenue surge

The Ministry of Finance's top official yesterday asserted he is "very confident" the Government will increase revenues by $400m year-over-year, and slash its fiscal deficit by 75 percent, in the absence of new and/or increased taxes.

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STATESIDE: No Labels independent party could play role of spoiler to democratic presidential bid in 2024

A new political movement has ambitions for next year that scare Democrats right down to their shoes. It’s called No Labels, and its leaders aspire to offer a third-party candidate for president in 2024. Dems feel this will hand an election to Trump that he couldn’t otherwise win. History shows they might be correct.

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Bahamian bank in ‘new territory’ via $42m raise

A Bahamian investment bank yesterday said it has entered “new territory” by spearheading a pan-Caribbean $42m capital raise to fund the renewable ambitions of a conglomerate that owns the local Esso operation.

Leadership is key to a better future

Recent articles in The Tribune have left me wondering about what the next 50 years has in store for The Bahamas.

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Don’t ‘demonise’ food sector over price controls dispute

Grocery retailers are anxious not to be “demonised” over their opposition to an expanded price control regime they fear could undermine Bahamian food security, an attorney said yesterday.

Bank sold despite ongoing legal fight

A Bahamian bank’s sale has been confirmed by its statutory administrator despite his actions, and those of the Central Bank, being subject to a legal challenge that is ongoing before the Supreme Court.

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HUBERT EDWARDS: Today’s Budget for a better tomorrow

We previously considered The Bahamas’ debt sustainability, and looked at the challenges faced from a Caribbean context.

Stem cell pioneer: Just 3% of claims accepted

Less than 3 percent of $16.5m in creditor claims against a Freeport business, once hailed for pioneering The Bahamas’ entry into the stem cell therapy industry, had been accepted as at end-May 2022.

Ingraham was an inspiration and a leader

May 7th, 2012, has come and gone, perhaps painfully and disappointingly so for you and for many Bahamians, but be assured that the legacy of national pride, success and upliftment you have inculcated in the psyche of Bahamians of every walk of life, whether acknowledged or not, will be indelibly etched in our memories and in our hearts.

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FRONT PORCH: After the warning of Dorian, what is our strategy for the next storm?

IN the closing days of August 2030, a peak period for Atlantic hurricanes, Bahamians and residents nervously eyed a gathering storm. It began as an unreported weather phenomenon off West Africa, travelling westerly and eventually funneled toward The Bahamas as a tropical storm.

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STATESIDE: Is American political, economic and military dominance diminishing in the world?

IT seems like every couple of days there is a news story reporting on mounting evidence that increasing numbers of countries around the world are choosing to sit out the growing conflict between Russia and US-led NATO that is being played out on the fertile fields of Ukraine.