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Economics and crime

Thanks again in advance for space to address two issues sure to intersect in ways some of us cannot imagine or desire if we can: Economics and crime!

19-year-old Aldrich Potgieter makes golf history in Abaco

Aldrich Potgieter, 19, from South Africa, secured victory at the Bahamas Great Abaco Classic, to become the youngest winner in the history of the Korn Ferry Tour.

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DEIDRE BASTIAN: Accept ‘the customer is sometimes wrong’

The expression that the “customer is always right” is central to customer service, but is it always applicable to every situation? While it is essential to prioritise the customer’s satisfaction, it is also important to not waste resources through becoming sidetracked by this goal.

Pintard: ‘Why did leading finance officials contradict each other?’

The Opposition’s leader yesterday challenged the Prime Minister to explain why The Bahamas’ two top finance officials “would openly contradict each other” over the Government’s recent $500m borrowing.

Entrepreneur eyes product, manufacturing expansion

A Bahamian manufacturer yesterday confirmed it is aiming to “scale up” and expand after exhausting existing inventory due to high consumer demand.

Businesses blame COVID, KYC in bank account delay

Bahamian businesses are blaming stringent Know Your Customer (KYC) due diligence rules and the post-COVID hangover for why it takes an average two months to open a corporate bank account.

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ALICIA WALLACE – Communities: People coming together for a common goal

IN a small group discussion earlier this week, someone noted that we use the word “community” very frequently and loosely. It is used in reference to people who intentionally and consistently come together with a particular purpose, and it is used in reference to people who have something in common and are then, in many cases, assumed to be connected through that commonality.

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Court of Appeal revives $1.8m lawsuit against Defence Force

THE Court of Appeal revived a $1.8m lawsuit against the Royal Bahamas Defence Force after the appellants' vessel sank and sustained significant damage while in the RBDF’s custody.

MOE security officers protest for owed overtime, promotions and insurance

SECURITY officers in the Ministry of Education protested outside the Office of the Prime Minister yesterday, saying they are tired of fighting for owed overtime pay, promotions, and insurance.

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FTX’s Bahamian liquidators did ‘everything in their power’

A SUPREME Court judge has backed assertions by FTX’s Bahamian liquidators that they “have done everything within their power to strike the best possible deal” in settling the dispute with their US counterpart.

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Banker backs IMF on tax reform scepticism

A SENIOR banker has backed the International Monetary Fund’s (IMF) scepticism over the Government’s stance that it will hit its deficit and revenue targets solely through better compliance and enforcement.

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Five-hour talks fail to break hotel industrial deal deadlock

THE Government’s labour director last night said almost five hours of “intense negotiations” had failed to break the deadlock over a new industrial agreement covering much of the hotel industry.

‘About time’ cruise lines private islands face VAT

BAHAMIAN tour operators yesterday asserted it is “only fair” that VAT be levied on the goods and services bought by passengers on the cruise lines’ private islands, adding: “It’s about time.”

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$250m resort requires ‘meaningful’ Bahamian participation to succeed

THE developer behind Grand Bahama’s $250m Six Senses resort project says it will struggle to succeed without “really meaningful” participation by Bahamians in all aspects of its build-out.

Senate’s vice-president attends trade conference

THE Senate’s vice- president represented The Bahamas at a recent trade and economic conference in his role as the Trade Commission’s deputy chairman.

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Constable removed from RBPF and charged with stabbing man at stadium

A POLICE constable was removed from the force and charged in court yesterday with allegedly stabbing someone at the Thomas A Robinson National Stadium last November.

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Cartwright calls for Munroe’s resignation - ‘Crime crisis needs new leadership’

FREE National Movement Deputy Leader Shanendon Cartwright called for National Security Minister Wayne Munroe to resign, saying the "crime crisis" requires new leadership.

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Tourism ‘booking pace drag’ over crime alerts

Bahamian hotels yesterday revealed recent crime alerts have sparked “a drag on the booking pace” while a former DNA leader blamed seven cancellations at his vacation rental business on the warnings.

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Miller slams idea of violence interrupters

FORMER Cabinet minister Leslie Miller slammed the idea that Carlos Reid and Rodney Moncur could be violence interrupters, saying: “This is a real country, man, stop it.”

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Dementia cases expected to triple by year 2050

DEMENTIA prevalence in The Bahamas is projected to increase by 226 per cent by 2050, with experts warning that the country has no plan and isn’t doing enough to tackle the issue.