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Public sector debt drops $93m during first quarter
Total public sector debt fell by $93m during the first quarter of the 2023-2024 fiscal year, it was disclosed yesterday, cutting it slightly from its June peak as the foreign currency share fell by 1.5 percentage points.
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SUFFERING ON THE STREET AS HEAT SOARS: Hot weather affecting everyone, but homeless are especially vulnerable
BAHAMIANS of all backgrounds are scrambling for relief from the brutal heat this summer, but for some of the country’s poorest residents, managing the conditions is an existential challenge.
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Large quantity of marijuana seized in waters near Exuma
A JOINT operation between police and US Customs and Border Protection led to the seizure of a large quantity of marijuana in waters near Exuma on Friday.
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Tyesha Tynes a ‘stroke’ above the rest
Freshman Tyesha Tynes was pleased with the way she was able to make her presence felt for the Hastings College Lady Broncos women’s golf team this season.
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BGDBA Playoffs: Crimestoppers tie series 1-1, Cybots win game one
THE Police Crimestoppers tied their series 1-1 with the Ministry of Youth, Sports and Culture Panthers.
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‘Coach Yo’ and Ole Miss Lady Rebels two conference wins away from making history
GRAND Bahama native coach Yolett McPhee- McCuin and the University of Mississippi (Ole Miss) Rebels are just two wins away from earning the most Southeastern Conference victories in the programme’s history.
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BGDBA Playoffs: Panthers lead 2-1 in series, Cybots remain undefeated
THE Ministry of Youth, Sports and Culture (MOYSC) Panthers and Bain and Grants Town Cybots are heating up in round two of the Bahamas Government Departmental Basketball Association (BGDBA) playoffs.
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Total visitor arrivals up 30% though stopovers still trail
The Ministry of Tourism's top official yesterday said total visitor arrivals to The Bahamas are 30 percent ahead of their pre-COVID record through to end-July although stopover visitors are still trailing slightly.
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Atlantis: 30% spend, rate jumps ‘as good as it gets’
Atlantis yesterday said its year-to-date performance is “as good as you can get” with rates and visitor spending per occupied room both exceeding pre-COVID levels by up to 30 percent.
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‘Huge inconvenience’ on BOB San Salvador close
San Salvador businesses yesterday voiced concern over the timing and uncertainty created by Bank of The Bahamas’ “temporary closure” of the island’s only bank branch ahead of the Christmas holiday.
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‘Junkanoo Boyz’ end up in 2-2 draw
The Junkanoo Boyz spoiled the Benna Boys chances of earning back-to-back wins when they secured a 2-2 draw yesterday evening in an away game in Piggotts, Antigua and Barbuda.
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Bahamas 'not maximising' impact as tourism booms
The deputy prime minister yesterday admitted The Bahamas has failed "to maximise visitor spending", and retain more of this within its economy, despite a "booming" tourism industry whose numbers "have never been better".
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Fourteen Clubs Golf Academy ends the year on a high note
THE Fourteen Clubs Golf Academy closed out the year on a high note with a drive, chip and putt end-of-year celebration at the Bahamas Golf Federation’s practice facility on Saturday.
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Jonquel Jones helps Liberty take Game 3 of WNBA Finals, avoid sweep
NEW YORK (AP) — Jonquel Jones scored 27 points and Breanna Stewart added 20 to help the New York Liberty beat the Las Vegas Aces 87-73 yesterday in the WNBA Finals and force a Game 4.
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BGDBA Playoffs: Cybots advance to next round, Patrollers tie series 1-1
The Bain and Grants Town Cybots booked their tickets to round two of the Bahamas Government Departmental Basketball Association (BGDBA) playoffs on Monday night after sweeping the Police Royals 2-0.
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Bahamas can’t pay $4bn costs for climate change
The Bahamas cannot afford the $4bn required to meet its pledged climate change targets without international financial, technology and other “capacity-building” support, it has admitted.
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Central Bank ease ‘won’t open mortgage avenue’
The Central Bank’s recently-unveiled regulatory easing is unlikely to “open up a new avenue of mortgages” being issued to Bahamian home buyers, a senior banker said yesterday.
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ACES BECOME FIRST REPEAT CHAMPIONS IN 21 YEARS: Las Vegas beats Jonquel Jones and New York Liberty 70-69 in Game 4
NEW YORK (AP) — The Las Vegas Aces became the first team in 21 years to win back-to-back WNBA championships, getting 24 points and 16 rebounds from A’ja Wilson and a defensive stop in the closing seconds to beat the New York Liberty 70-69 in Game 4 of the Finals last night.
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Gov’t doubles social assistance to $14m
“Front-loaded” salary increases for public sector workers were the main driver behind the $36.4m year-over-increase in the Government’s first quarter fixed-cost spending, it was disclosed yesterday.
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NPBA action: Rockets, Regulators in the win column
ON Monday night, the Leno Regulators and Discount Distributors Rockets pulled off wins in division one and two men’s basketball action for the New Providence Basketball Association (NPBA) at the CI Gibson Gymnasium.