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Bahamas world's fourth largest IFC at $595bn

The Bahamas is the fourth largest international financial centre by assets, it was disclosed yesterday, with the $595 billion held by this nation’s financial institutions equivalent to 96 times’ gross domestic product (GDP).

Zane Knowles, Dwight Coleby dominate

ZANE Knowles and Dwight Coleby delivered dominant performances for their respective teams as the Turkish Basketball First League concludes its regular season and teams jostle for playoff positioning.

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2015/2016 BUDGET: Deficit slashed by two thirds

In his 2015/2016 Budget communication on Wednesday, Prime Minister Perry Christie told the House of Assembly that the Bahamas' budget deficit has been slashed by nearly two thirds.

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Marijuana field found off Thomson Boulevard

THREE people – a Bahamian man and a Jamaican man and woman – are assisting police after an illegal marijuana field was found on a property on Portago Road off Thompson Boulevard Friday.

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Bahamian pro ball players standout in Europe, Middle East

BAHAMIAN basketball players continue to post standout numbers on their respective circuits throughout professional leagues across Europe and the Middle East.

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‘I stole conch to support my family’

A 35-YEAR-OLD woman who claimed she stole $100 worth of conch last month to make extra money to support her family was discharged with a warning yesterday.

Bank unable to recover 95% of VAT ‘inputs’

Commonwealth Bank yesterday predicted it would be unable to recover 95 per cent of its Value-Added Tax (VAT) input payments, given that ‘exempt’ revenue streams form the bulk of its income.

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Dealer 'wiped out' by auto duty changes

A former leading used car importer said his business had been “wiped out” by the previous ‘engine size’ duty structure, telling Tribune Business he had shifted focus to his steakhouse restaurant venture.

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Five newly confirmed cases of COVID-19

THE number of confirmed COVID-19 cases jumped by five to 89 yesterday, health officials said.

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Season in the sun as Jones making early challenge for MVP

THE Connecticut Sun lost their first game of the 2021 WNBA season, but Jonquel Jones delivered another standout performance that has her mentioned by many pundits in their early projections for league MVP.

Nesbitt and team claim title in Brazil's pro league

NATIONAL team member David Nesbitt claimed his second consecutive Novo Basquete Brasil (NBB) championship in as many years.

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Giants 3-peat

The Commonwealth Bank Giants came from a 2-0 deficit to sweep the MailBoat Cybots in the final three games and three-peat as the New Providence Basketball Association (NPBA) champions.

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Active surveillance for prostate cancer

Prostate cancer will affect one in six men in their lifetime. Early detected low-volume, low-grade, early-stage prostate cancer has an excellent cure rate of 97 to 98 percent.

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Giants beat Bradley University 77-74

THE Bahamas Basketball Federation’s ‘Summer of Thunder’ is just over three weeks in and local teams have already achieved unprecedented success, with three wins in the summer-long series against top tier NCAA Division I teams.

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Mackey ends college career as all-time leader

NASHAD Mackey concluded his collegiate basketball career with the Embry-Riddle Eagles as one of the programme’s all-time leaders.

Reports of Nottage death false

THE family of former member of Parliament Kendal Nottage has said social media posts circulating about his death are false.

Go-ahead for 82% of Abaco small firm loans

Some 82 percent of $4.5m in loan and grant applications from Abaco entrepreneurs is in the pipeline for distribution, the Small Business Development Centre's (SBDC) executive director said yesterday.

S&P’s higher deficits on VAT ‘uncertainties’

Standard & Poor’s (S&P) has agreed that there are “indeed uncertainties” surrounding Value-Added Tax (VAT) implementation, and is less optimistic than the Government in projecting a 3 per cent fiscal deficit for 2015-2016.

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Jones posts 6th double-double of season

(AP) – BAHAMIAN WNBA star Jonquel Jones scored 24 points with 11 rebounds and five steals but it wasn’t enough as the Chicago Sky beat the Connecticut Sun 91-83 yesterday.

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King explodes onto radar of NBA scouts, college coaches

FREDRICK King Jr’s performance at the NBA Academy Invitational has garnered several offers from major NCAA Division I programmes.