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$200 fine over Indian hemp find
A MAN was fined $200 in a Magistrate’s Court yesterday for possession of dangerous drugs.
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Electricity cost rise ‘pretty dangerous’ for economy
Bahamian businesses yesterday warned any increase in electricity costs will be “pretty dangerous” for an economy still recovering from COVID-19’s devastation, although some said spiking global oil prices make such a hike “inevitable”.
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BPL: $15m maintenance put back to ‘manage cash’
Bahamas Power & Light (BPL) has delayed $15m in maintenance overhauls beyond summer 2022 “to manage cash”, a Cabinet minister revealed yesterday, while conceding that such practices have undermined generation “reliability”.
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Speaker’s anger at NEMA boss’ response
HOUSE Speaker Patricia Deveaux sharply rebuked National Emergency Management Agency director Captain Stephen Russell yesterday, telling him “you need a 9 to 5 job” and suggesting he did not have the same vision as the government to advance the country.
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Business ‘blows up’ at Family Island resorts
The Bahamas Out Island Promotion Board’s (BOIPB) president yesterday said business for its member properties has been “blowing up” ahead of the traditional summer slowdown.
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Isaacs Jr and Seymour offensive leaders
ANFERNEE Seymour and Todd Isaacs Jr have had productive starts to their seasons in independent baseball leagues and have emerged among early offensive leaders for their respective clubs.
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Super Value to ‘duck’ energy hike via solar
Super Value’s president yesterday said it plans to “duck” any long-term impact from higher Bahamas Power & Light (BPL) prices through the installation of solar power across its business beginning on August 2.
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Demeritte named men’s track and field coach of the year
An historic season for the Life University Track and Field programme yielded another accolade for head coach Dominic Demeritte.
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EDITORIAL: Groundhog Day again at BPL
REPORTING on Bahamas Power & Light (BPL) sometimes feels like being trapped in the movie Groundhog Day.
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Union boss warns tough summer ahead
CONSUMERS should prepare for a “tough summer”, according to Bahamas Electrical Workers Union president Kyle Wilson, telling The Tribune yesterday “we are already having issues” in the first weeks of the hottest months of the year.
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‘Coach Yo’ named to men’s national team coaching staff
YOLETT McPhee-McCuin continues to make history in the coaching ranks and achieved another milestone on her résumé when she became the first woman to join the coaching staff of a Bahamas senior men’s national basketball team.
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Gas price crisis wiping out retailers’ profits
Bahamian gas stations say “no business operates” on the unsustainable seven percent gross margins they are enduring amid warnings the sector may have to cut jobs and operating hours to survive.
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INSIGHT: Out of order, Madam Speaker
THE Speaker of the House took centre stage last week – and not in a good way.
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Gov’t to cut foreign debt portion in half
The Government is aiming to slash the portion of its debt held in foreign currency by more than 50 percent, a Cabinet minister said yesterday, as he reaffirmed the key components of its liability management strategy.
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‘Stagnant’: Fears for auto sales until 2023
Auto dealers fear new car sales will be “stagnant” for at least another year with global supply chain disruption causing order backlogs of up to 200 vehicles for some operators.
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Speaker’s comments were wrong
I would appreciate the publication of this open letter in The Tribune addressed to House Speaker Patricia Deveaux for her criticism of Public Officer Mr. Stephen Russell, Director of The Bahamas National Emergency Agency, for his handling of the recent tornado that hit our island.
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‘Fantastic’ food tariff cuts won’t fully offset inflation
The Budget’s tariff cuts “can’t compensate” fully for the 20 percent increase in food prices since late 2021, Super Value’s principal said yesterday, although they may cover “half of what was lost” by the return of breadbasket VAT.
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Bahamas must get youth for ‘leg up’ on Caribbean
The Bahamas was yesterday urged to start a youth movement so it can grow - for “generations to come” - a flats fishing industry likely to have expanded far beyond its $141m economic impact in 2010.
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Moody’s: Multiple ‘risks’ to Gov’ts fiscal forecast
Moody’s last night warned of multiple “risks” to the Government’s fiscal consolidation projections due to the absence of any tax increases in the just-unveiled Budget, while spending restraint will “weigh on economic growth”
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THE KDK REPORT: This new horizon
WELL-KNOWN for its beautiful beaches and world-class museums, Niteroi is a city in the southeast region of Brazil, facing Rio de Janeiro and just across from Guanabara Bay. It is also the birthplace of one of my patients, who like so many others, has had to overcome more than her fair share of challenges.