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06012016 Edition

Wednesday, June 1st.

Boozer scores 19, Bulls beat the Heat 96-86 in overtime

By ANDREW SELIGMAN AP Sports Writer CHICAGO (AP) -- CJ Watson scored 16 points, including the game-tying three-pointer at the end of regulation, and the Chicago Bulls pulled away in overtime to beat the Miami Heat 96-86 last night. Carlos Boozer led the B

Insurer’s $5m payout to boost equity return

A Bahamian insurer will “significantly reduce our cost of capital” by redeeming $5m in preference shares as it awaits regulatory approval to acquire an agency owned by one of its main shareholders.

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Bringing the passport to 90-year-old applicant

THE Mobile Unit of the Passport Office paid a visit to the home of 90-year-old retiree Florene Crawley of Seabreeze Estates on Tuesday to process Mrs Crawley’s passport on-site.

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Eagles finish showcase undefeated

THE Georgia Southern Eagles left the Islands of the Bahamas Showcase with their undefeated record intact.

Eliminate VAT need via 70-80% tax compliance

The Tax Coalition’s co-chair has suggested that increasing tax compliance rates to 70-80 per cent under the existing system would eliminate the need for Value-Added Tax (VAT) or any other revenue reforms.

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Contaminated oil a new blow to Andros power

A CONTAMINATED supply of fuel led to a new shutdown of a power unit in Andros as restoration efforts continued following the fire that severely damaged BPL’s North Andros Power Station last week.

Students are warned about dangers of joining gangs

ASSISTANT Commissioner of Police Solomon Cash recently visited Jack Hayward High School where he spoke to 80 to 90 senior students about the dangers of gangs.

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REGULATORS TAKE 3-2 LEAD IN THE NPBA

THE Mr Ship It Freight Regulators took control of the NPBA Division I series with a dominant performance on Monday night and are now a game away from the 2017 title.

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Jones and Sun clinch second straight WNBA playoff berth

JONQUEL Jones and the Connecticut Sun continue to click at the right time and clinched their second consecutive WNBA playoff berth.The Sun defeated the Dallas Wings 101-92 at the College Park Center in Arlington, Texas, on Wednesday night.It was the

Sports Notes

THE New Providence Basketball Association continued its regular season action with a pair of games played at various gyms on Friday and Saturday night.

1 in 50 people in nation has HIV, report warns

THE country’s main supplies of HIV/AIDs drugs have been restored, Health Minister Duane Sands confirmed yesterday.In an interview with The Tribune, Dr Sands addressed the status of HIV/AIDs in the country, including The Bahamas’ rank as having the hi

Brady sets Super Bowl mark: Sixteen completions in row

INDIANAPOLIS (AP) -- Tom Brady has broken the Super Bowl record for consecutive completions previously held by his idol Joe Montana. The Patriots quarterback threw his 16th straight completion with a 12-yard touchdown pass to Aaron Hernandez on the opening

Maintain strong bones with exercise

Osteoporosis can steal the strength from your bones, leaving you stooped-shouldered and prone to fractures. But you can do something with your muscles to help lower your risk of a break – exercise.

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Kadeem Coleby signs with Al Manama for 37th GCC Clubs

JUST weeks after losing the league championship series, Kadeem Coleby was on the move once again and inked a deal with the team that most recently beat him as they prepare to vie for a top title in the Middle East.

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Gov’t moving to resolve confusion over furlough

The Government is moving to resolve potential confusion over the deadline for when employers must decide whether to recall COVID-furloughed workers, a senior official said yesterday.

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90 kilos of suspected cocaine seized in Bimini

Bahamian law enforcement officials seized over 90 kilos of suspected cocaine – worth $1m – onboard a vessel at the Cat Cay Marina in Bimini on Sunday.

NPBA: Divisional semi-finals set to jump off tonight

THE Patron Regulators and PJ Stingers survived their respective third and deciding games in the first round of the New Providence Basketball Association playoffs to advance to the divisional finals.

Third Treasury Note oversubscribed 187%

The Government’s third-ever Treasury Note offering raised almost three times’ its target amount, although its financial adviser conceded it would likely “take a couple of years” to broaden retail investor participation in this security.

Bad loans breach $1.4bn threshold

Total commercial bank loan arrears breached the $1.4 billion mark at end-August 2014, the Central Bank of the Bahamas has revealed, with almost 23 per cent of all outstanding credit now in default.