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Bahamas warned on new downgrade risk

The Bahamas was yesterday warned by Standard & Poor’s (S&P) that it faces “at least a one-in-three chance” of a further downgrade to its sovereign credit rating within the next 12 months.

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Dames, Lightbourne to join Panthers prep programme

THE BC Christian Prep Panthers basketball programme is establishing itself as a pipeline for Bahamian talent and will add another pair of local student-athletes.

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'Mother' Pratt calls for Draconian measures to curb violence

URBAN Renewal Co-chair Cynthia “Mother” Pratt said yesterday that the government needs to pass “draconian laws” in order to effectively combat the incidents of violent crime and murder that plague the country.

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388 new cases of COVID-19

THREE hundred and eighty-eight new cases of COVID-19 were confirmed on Thursday, Ministry of Health officials reported on Friday.

Baha Mar parties in ‘good faith talks’

A Cabinet Minister yesterday confirmed that the parties to the $3.5 billion Baha Mar dispute “appear to be negotiating in good faith”.

UN speaker at Hilton event

ROTARY International’s chief representative at the United Nations in New York will be the guest speaker at an event at the British Colonial Hilton on February 21 under the patronage of Governor General Sir Arthur Foulkes.

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Jones and Sun top Sparks 84-75 in Game 1 of WNBA semi-finals

UNCASVILLE, Conn. (AP) — Alyssa Thomas had 22 points and grabbed 10 rebounds to lead a balanced Connecticut offence and the Sun opened the WNBA semi-finals with an 84-75 win over the Los Angeles Sparks last night.

BVI court criticises Bahamas liquidators

The Bahamian liquidators for an alleged multi-million dollar international fraud have been blasted by a British Virgin Islands (BVI) judge over a “remarkable” and “gratuitous” agreement with a BISX-listed broker/dealer.

Liquidator readies control plan for Alliance accounts

Liquidators for an alleged $340 million Ponzi scheme are planning to apply to the Supreme Court for permission to gain control over six accounts they have been denied access to by a BISX-listed firm’s broker/dealer affiliate.

Bahamas Press Club announces awards ceremony plans

THE Bahamas Press Club 2014, building on the success of its inaugural Pioneer Awards last year, has promised to be “all inclusive” with several new categories when it holds its annual media awards ceremony in November.

Aliv ‘credibility’ boost as roll-out targets hit

The Bahamas’ second mobile operator yesterday received a “credibility” boost from regulators confirming it had met its first network roll-out targets, and disclosed it was ahead of schedule in bring service to Abaco, Grand Bahama and Eleuthera.

Tobacco start-up targets up to $10m first year sales

A Bahamian-owned tobacco manufacturing start-up yesterday said it was targeting $5-$10 million in first year gross sales, but warned this and employee hires could be “significantly impacted” if no Excise Tax exemption was forthcoming.

Newbold appointed press secretary

THE Cabinet Office announced Thursday the appointment of Anthony Newbold as press secretary in the Office of the Prime Minister.

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Two game leads in NPBA best of five championship series

THE Giants basketball teams are at opposite ends of the spectrum against the Rockets as the New Providence Basketball Association began its best-of-five championship series over the weekend at the AF Adderley Gymnasium.

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NHI $1,000 cost 'not pulled from out of thin air'

THE National Health Insurance Authority’s (NHIA) chairman yesterday defended the $1,000 premium costing for its basic package, arguing it had not been “pulled out of thin air”.

Broker ‘acted in good faith’ on $400m fraud

A BISX-listed company’s principal, and its main broker/dealer subsidiary, are demanding that a US federal lawsuit against them be dismissed because they “acted in good faith and did not receive ill-gotten profits” from an alleged $400 million financial fraud.

BISX-listed firm’s $5m ‘recapitalise’ after SEC settles

A BISX-listed company will have to undergo a $5 million ‘recapitalisation’ as a result of the deal struck by its principal and main subsidiary to settle a lawsuit against them by US federal regulators.

J R Cadot getting it done for the Horned Frogs

By RENALDO DORSETT Sports Reporter rdorsett@tribunemedia.net HEADED into postseason play, and with a Conference tournament championship needed for a berth into the NCAA Tournament, J R Cadot is playing his best basketball of the season for the TCU Horned

J R Cadot getting it done for the Horned Frogs

By RENALDO DORSETT Sports Reporter rdorsett@tribunemedia.net HEADED into postseason play, and with a Conference tournament championship needed for a berth into the NCAA Tournament, J R Cadot is playing his best basketball of the season for the TCU Horned

J R Cadot getting it done for the Horned Frogs

By RENALDO DORSETT Sports Reporter rdorsett@tribunemedia.net HEADED into postseason play, and with a Conference tournament championship needed for a berth into the NCAA Tournament, J R Cadot is playing his best basketball of the season for the TCU Horned