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Lawyer: We must act now on climate change

WITH The Bahamas recognised as one of the most vulnerable countries to rising seas that could swallow up to 80 per cent of the land mass of the islands by the end of the century, a leading environmental consultant and attorney is calling for “immediate radical action” to stem the tide of climate change.

Permit roadblocks to Baha Mar’s $80m Chapter 11 financing

Baha Mar faces further Government roadblocks even if it obtains Supreme Court recognition of the Chapter 11 bankruptcy protection, as it has yet to obtain necessary Bahamian approvals for the $80 million financing facility created by its principal.

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Bobby Brown headlines the Jingle Ball

FORGET Santa Claus, ‘80s R&B superstar Bobby Brown is coming to town.

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Long Island bananas: 80-90% destruction

While Long Island farmers likely lost 80-90 per cent of their banana crop due to Hurricane Sandy, Tribune Business was told yesterday, but many homes and businesses were likely to be “back to normal in a few days”.

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Sandals eyes $1m in storm repairs

SANDALS Royal Bahamian’s general manager yesterday estimated the resort would spend just under $1 million to carry out repairs to areas damaged by Hurricane Sandy, telling Tribune Business that its occupancy levels were near 80 per cent at the time of the storm.

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Sailing for science

OFFICIALS yesterday praised the STEM for the Oceans programme that hosted 80 students and others on board the world’s largest cruise ship, calling the initiative something that speaks to the bright future for Bahamian natural resources.

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NHI will cost you $15-$80 a month

THE government is “revamping” National Health Insurance to focus more on catastrophic care with the introduction of the BahamaCare Plan and expects a contributory plan of $15 to $80 per month to fund it.

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80 to 100 voluntary job cuts offered at Water and Sewerage

THE Water and Sewerage Corporation is considering offering 80 to 100 voluntary separation (VSEPs) packages to employees as it looks towards “right-sizing,” according to Executive Chairman Adrian Gibson.Saying that plans are now underway to have the p

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80 test positive for TB exposure

MORE than 340 people living in two shelters for Hurricane Dorian victims have been screened for tuberculosis - 80 of them with positive skin tests, according to Health Minister Dr Duane Sands yesterday.

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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Gibson to employers: 'Justify every work permit'

COMPANIES who hire foreigners must send “justification” for every employee they have on work permit to the government, according to Minister of Labour and National Insurance Shane Gibson.

Mandatory guides push threatens 80% of fly fishing impact

The Bahamas could lose almost 80 per cent of the fly fishing industry’s $141 million annual economic impact if it alienates the ‘do-it-yourself’ anglers, a leading tourism executive has warned.

Commercial banks to acquire 80 per cent of restoration bond

Some 80 per cent or $120 million of the Government’s Hurricane Restoration Bond will be raised from the commercial banks, the Government yesterday confirming the offering’s multi-tiered nature.

Banks urged: Lower your debit card fees

REDUCED fees on debit card transactions could significantly boost commerce in the Bahamas, a leading businessman noting that credit card purchases effectively ruled out roughly 80 per cent of the shopping public.

University partnership with Saylor Academy

UNIVERSITY of The Bahamas has forged a partnership with Saylor Academy, an open access education provider, to increase pathways to higher learning and professional development.

NPBA: Specialists stop Rebels 93-85, Eagles Nest get 96-89 win over Elites

THE Uptown Cuts Specialists and the Leno Eagles Nest prevailed in the New Providence Basketball Association double header at the AF Adderley Gymnasium on Monday night.

‘Don’t get giddy’ over beating deficit target

The Government was yesterday urged not to become “giddy” over beating its 2014-2015 fiscal deficit projections by almost 31 per cent, as the Prime Minister moved to return “the dividends from the successful Value-Added Tax (VAT) regime” to hard-pressed Bahamians.

SPORTS NOTES

Due to circumstances beyond their control, Champion Amateur Boxing Club has announced that they will postpone their amateur boxing show that was scheduled for Saturday at the Wulff Road Boxing Centre.

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Airbnbs ‘choke off’ local rental market

Exuma’s Chamber of Commerce president yesterday warned that the island’s soaring vacation property success was “choking off” Bahamian access to affordable rental units.

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Port suffers 40% May volume fall

Nassau’s main commercial shipping port yesterday predicted it will suffer a “flat” 2020 full year after container import volumes for May to-date dropped by around 40 percent compared to the prior year.Dion Bethell, Arawak Port Development Company’s (