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Bahamian entry changes ‘more alarming’ than CDC
Bahamian tourism operators yesterday shrugged off the latest downgrade by US health authorities, arguing that constant changes in this nation’s COVID protocols are “more alarming” to visitors.
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University partners in fight against gender violence
UNIVERSITY of The Bahamas has taken a firm stance against gender-based violence as it partners with the Bahamas Crisis Centre and Rotary Bahamas in a bold new social awareness campaign.
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IMF restructure?: ‘Not on my watch’
A Cabinet minister yesterday pledged “not on my watch” after a noted Caribbean economist again forecast The Bahamas will need an “IMF restructure” with GDP still below pre-COVID at end-2023.
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‘Expect hardship’ from inflation, interest hikes
A former finance minister yesterday warned that “every family can expect hardship” from rising inflation that will exceed the current 7 percent rate in the US.
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Tourism sees little impact from COVID downgrade
Hotel operators yesterday forecast that The Bahamas’ downgrade to “do not travel” status yet again by US health authorities will have little to no impact on travel demand.
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Police end search after report of downed plane
POLICE have suspended the search for a reported downed plane, according to press liaison officer, Superintendent Audley Peters.
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‘Caribbean’s Singapore’: $15bn GDP target urged
The Bahamas was yesterday urged to target a 50 percent GDP increase to $15bn, a governance reformer arguing: “There’s no reason we can’t be the Singapore of the Caribbean.”
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Judge cuts $66k from Sir William’s outstanding loans
The late Sir William Allen’s estate has persuaded the Supreme Court to slash unpaid loans allegedly owed to a prominent Bahamian businessman by some $66,000.
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Halkitis: Dubai trip chance to boost investment
ECONOMIC Affairs Minister Michael Halkitis defended the trip to Expo 2020 in Dubai, saying the event was an opportunity to establish connections and hopefully boost foreign direct investment.
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Gov’ts ‘strong stance’ limited GB Power hike
A Cabinet minister yesterday said the Government’s intervention was responsible for the 47 percent reduction in Grand Bahama Power Company’s base electricity rate increase.
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Landscaping chair hits out over rogue entrants
Established landscaping companies are increasingly having to clean-up behind rogue new market entrants who have emerged amid the COVID-19 pandemic, it was argued yesterday.
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COVID food initiative had ‘highest level of integrity’
The probe into the $51m COVID food assistance initiative will conclude that taxpayer funds were “used to the greatest effect” if it is unbiased, a governance reformer asserted yesterday.
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Don’t alienate NGOs in creating ‘political stink’
The Opposition’s leader yesterday warned the Government not to “alienate” non-profit groups and their donors by creating a “political stink” around the $51m COVID food assistance initiative.
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Electricity rate hike ‘blow’ to GB revival
The Free National Movement (FNM) last night branded approval of Grand Bahama Power Company’s base rate increase as “counter productive” for making it more difficult to attract investment.
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Jibrilu on pre-retirement leave
TOURISM Director General Joy Jibrilu is officially on pre-retirement leave, Tourism, Investments and Aviation Minister Chester Cooper has announced.
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ALICIA WALLACE: If people can’t pay their bills or put food on the table, Mr Cooper, how are they expected to save?
Minister of Tourism, Investments and Aviation Chester Cooper says Bahamians do no save or invest enough, and increasing savings and investments is critical to national growth.
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$1m drug defendant ‘just trying to make money’
A POLICE officer yesterday testified how one of the men accused of being involved in a near $1m drug operation in Exuma last year told the police on the day of his arrest that he “was just trying to make some money”.
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GB Power’s ‘major cash flow constraint’ warning
Grand Bahama Power Company yesterday said it will suffer “a significant cash flow constraint” after it was granted just 53 percent of the base electricity rate increase it was seeking.
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Sir William’s son hits back in $144k dispute
A son of the late Sir William Allen yesterday denied that his father owed a $144,000 debt to a local businessman, and argued that any obligation to repay hinges on a “deal” that has not yet closed.
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Atlantis heads for Somewhere Else
Atlantis yesterday unveiled a partnership that will see part of the iconic property, the Beach Towers, rebranded under a different name for the first time in its 27-year history.
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