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We are in trouble

Supplementary Budget - in the bluntest language Hon Philip Davis as Minister of Finance did not really say it, but folks believe me we are in financial trouble…useless not admitting it we are. Denial is precisely that.

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PETER YOUNG: Stay calm and carry on - but plans may have to change

HERE we go again. That is likely to be the tired and irritated reaction of most people in the UK in the face of new restrictions after the recent discovery in South Africa of Omicron, the name given to a new strain of COVID-19.

IMF: 12% VAT rate ‘lowest in Caribbean’

The Bahamas’ soon-to-be-repealed 12 percent VAT rate was branded “the lowest in the Caribbean” by the International Monetary Fund (IMF) in its much-debated report to the Government.

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‘Rid yourselves of negative thoughts’ on $200m project

Bahamians were yesterday urged to “rid themselves of any negative thoughts” as to whether the latest $200m effort to revive the Cotton Bay Club is for real.

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$200m plan to bring Cotton Bay to life

COTTON Bay Holdings Limited will partner with the Ritz Carlton Reserve brand in a $200m project in South Eleuthera that will employ 300 people during construction and 200 people during operation, according to officials.

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Ayton scores 14 in win: Suns 1st team to 20 victories

PHOENIX (AP) — Chris Paul had 21 points and 10 assists, Jae Crowder added a season-high 19 points and the Phoenix Suns held off the San Antonio Spurs for a 108- 104 win last night.

EDITORIAL: Decisions, decisions on tackling Omicron

IT IS two years this month since the COVID-19 virus was discovered. That 19 in the name refers to the year in which it was discovered. Since then, we have learned a great deal about the virus itself, but one thing has also become clear – we don’t know what to do about it.

Minister’s ‘open mind’ over BPL refinancing

A Cabinet minister yesterday said he is “keeping an open mind” on the best method to refinance Bahamas Power & Light (BPL) ahead of “a rapid assessment” that begins today.

Out Island resorts 10% above Christmas 2019

Family Island resorts are “expecting” business for the November-December period to be 10 percent above 2019 levels, an industry executive saying: “The needle is moving in the right direction.”

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Twenty new COVID deaths confirmed

COVID-19 deaths have surpassed 700, with 20 additional deaths reported by health officials over the weekend. The country now has 705 confirmed virus-related deaths.

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Hovland rallies to win from 6 back

Norwegian golfer Viktor Hovland can now add a new milestone to his list of “firsts” - winner of the 2021 Hero World Challenge.

Retailer’s $10m spend creates up to 70 job

A Bahamian retailer yesterday said its $10m eastern New Providence investment, which has created 60-70 jobs, attracted more consumer traffic than expected during Saturday’s opening.

Freeport Christmas tree switch-on

ASSISTANT Commissioner of Police Theophilus Cunningham turned the switch to light the Christmas Tree at the Royal Bahamas Police Force’s annual Christmas Tree Lighting on Friday at the Gerald Bartlett Police Headquarters in Freeport.

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Stingrays win senior boys’ division of Island Luck Cares high school basketball tournament

AFTER almost two years since they won the prestigious Hugh Campbell Basketball Classic, the Sunland Lutheran Stingrays returned to action over the weekend by winning the senior boys’ division of the Island Luck Cares Foundation High School Basketball Tournament.

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NCAA Division II basketball: McCoy, McFall, Bastian in spotlight

MALACHI McCoy earned conference player of the week honours, Jonathan McFall continued his high scoring and Lathaniel Bastian posted another double double in NCAA Division II basketball.

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Hovland rallies to win from 6 back and deny Morikawa No. 1

NASSAU, Bahamas (AP) — The 24-year-old rising star put a nice ribbon on a three-win year in golf by posing with Tiger Woods at the trophy presentation Sunday in the Hero World Challenge.

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DeChambeau leads a holiday event shaping up to be much more

NASSAU, Bahamas (AP) — This holiday event in the Bahamas is taking on a little more meaning for Bryson DeChambeau seeking a small measure of revenge and for Collin Morikawa pursuing a more noble goal of reaching No. 1 in the world.

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Oscar the COVID canine detective

MAN’s best friend can possibly be a four-legged COVID-19 test sniffing for the virus. This ability has already been unleashed at the Miami International Airport and a Miami Heat game—now a local canine detection company hopes to bring the practice to The Bahamas.

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Gov’t ‘burying their head in sand’ on global tax threat

A former Cabinet minister yesterday accused the Davis administration of “burying their head in the sand” to The Bahamas’ “detriment” on global tax moves that threaten to impact this nation.

‘Sacrifices’: Bahamians drag feet on retirement

Too many Bahamians face having “to make sacrifices” because they wait too long to build-up sufficient savings to finance their retirement, a local banker warned yesterday.