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Bahamas faces high risk economic ‘roller coaster’

The Bahamas will be on an economic “roller coaster for a significant period of time” as the US Federal Reserve and other central banks take swift action to combat inflation, a local banker warned yesterday.

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FTX SPENT $300M ON PROPERTY BUYS: Court documents reveal valuation of real estate spree

A Bahamian realtor yesterday estimated that the collapsed FTX crypto currency exchange spent $250m and “probably more” on acquiring New Providence real estate, adding: “It was great while it lasted.”

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FACE TO FACE: ‘Godfather of the Flats’ committed to protecting our natural resources

LONG before climate change, conservation and sustainability became the popular catch phrases that they are today, Prescott Smith was out in the world sounding a clarion call to protect natural resources.

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Keys handed over to Pinecrest homes

PRIME Minister Philip “Brave” Davis yesterday presented the keys to new homes in the Pinecrest subdivision to 18 government, private sector and essential workers.

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McPhee-McCuin and Ole Miss Rebels top Flyers 63-50

It was a grand homecoming for coach Yolett McPhee- McCuin as her University of Mississippi Rebels ran away with their opening game of the Baha Mar Hoops Pink Flamingo Championship at the Baha Mar resort last night.

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More than 60 boats expected in 5th Best of the Best Regatta

WITHOUT any major regatta to skipper to accumulate points this year, the Ministry of Agriculture, Marine Resources and Family Island Affairs has opened the field to include more than 60 boats to participate in the fifth Best of the Best Regatta.

BOB chief: Bahamas ‘long way from default’

Bank of The Bahamas’ top executive says the country is “a long way away from a debt default” even though constant sovereign downgrades are “taking their toll” on the banking industry and wider economy.

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Golden Eagles vs Bruins in Battle 4 Atlantis finale

The championship game for the 2022 Women’s Battle 4 Atlantis will feature a pair of undefeated teams and a tournament filled with upsets sets the stage for an exciting finish this afternoon at the Atlantis resort’s Imperial Arena.

NPBA opening night: Rockets and Giants victorious

ON opening night when they didn’t receive their New Providence Basketball Association men’s championship rings, the Discount Distributors Rockets took their frustration out on the runners-up Commonwealth Bank Giants.

UCF wins Bahamas Championship

THE Central Florida Knights began 10 days of NCAA Division I basketball at the Baha Mar Convention Centre by winning the “Bahamas Championship” tournament title. The Knights defeated the Santa Clara Broncos 57-50 last night in the finale.

Insurer: Hurricane season end ‘can’t be soon enough’

A TOP Bahamian insurance executive says the official end to the 2022 hurricane season “can’t come soon enough” given that Hurricane Ian will further “tie our hands” on premium prices for local consumers.

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Rehabilitation of Offenders Committee has expunged 80 criminal records to date

THE Rehabilitation of Offenders Committee has to date expunged the criminal records of 80 people, some of whom were convicted for curfew violations during the height of the COVID-19 pandemic.

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DIANE PHILLIPS: Open your eyes and see the beauty of foreign in all of us

ON a bright, sunny morning last week, the students, faculty and staff of LN Coakley Senior High in Exuma poured out of classrooms and gathered along the halls and in the courtyard, filling every available foot of open air.

$250m cruise port: ‘We’ll help Long Island flourish’

The proposed $250m Long Island cruise port will handle up to 12,000 persons daily at full build-out, one of its principals revealed yesterday, adding: “Our goal is to help Long Island flourish.”

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Albury and Greene lead Chipola to no.6 ranking

DEYTON Albury and Paul Greene have led Chipola to a no.6 national ranking while the Bahamian contingent at Northeast Community College continues to put up major numbers in their sophomore campaign.

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Robinson wins Bahamas Professional Golf Association’s Korn Ferry Qualifier

BOOKS ANOTHER TRIP TO THE GREAT EXUMA CLASSIC

DEVAUGHN Robinson booked another trip to the Great Exuma Classic by winning the Bahamas Professional Golf Association’s Korn Ferry Qualifier by five strokes on Monday at the Ocean Club Golf Course on Paradise Island.

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Landing gear issues as plane arrives at LPIA

AN airplane with 20 people on board experienced landing gear issues at Lynden Pindling International Airport yesterday afternoon.

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VIN numbers of stolen vehicles ‘being covered with false plates’

POLICE have noticed a trend regarding stolen vehicles where suspects are covering the original VIN number with a false plate, according to Commissioner of Police Clayton Fernander.

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‘Not out of woods’ despite lowest deficit for 10 years

The Prime Minister yesterday warned Bahamians “we are not yet out of the woods” as he hailed the lowest first quarter fiscal deficit “in more than ten years”.

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King and Bluejays undefeated so far

FREDRICK King and the no.9 ranked Creighton Bluejays are off to an expected undefeated start to the season.