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Bringing Esports to The Bahamas
SUSTAINABLE Me is partnering with the Bahamas National Esports League (BNEL) and the Bahamas Esports Federation to bring the NASEF Farmcraft 2024 competition to participating schools across The Bahamas.
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Early bird catches the worm
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The AI hype and recent quarterly figures have given Nvidia the highest increase in value in Wall Street history. A whooping increase of $277 billion in one day. The market value of the semiconductor specialist moved to the two trillion-dollar mark on Friday.
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Digital banking the ‘only way forward’ for Andros residents
DARIN Bethel, president of the Andros Chamber of Commerce said that digital currency providers are the “only way forward” for North and Central Andros businesses and residents.
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GB airport demolition start 'within 30 days'
The deputy prime minister yesterday pledged demolition work at Grand Bahama International Airport will begin "within the next 30 days" after the Government "executed an agreement" with the UK operator.
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40TH HUGH CAMPBELL BASKETBALL CLASSIC: CI Gibson senior boys upset Grand Bahama’s Sunland Baptist to win title
For the past two years the Hugh Campbell Classic trophy went to Grand Bahama with the Sunland Baptist Academy Stingers but for the 40th edition of the tournament, the championship hardware stayed home thanks to the CI Gibson Rattlers.
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Gov’t holds firm as $259m deficit near-double target
The Government has not adjusted any of its 2023-2024 fiscal targets despite revealing yesterday that its $258.7m half-year deficit was almost double the full 12-month goal.
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40TH HUGH CAMPBELL BASKETBALL CLASSIC: Champions to be crowned tonight
Four teams remain in the 40th Hugh Campbell Classic basketball tourney but only one team can hoist the trophy tonight at the Kendal GL Isaacs Gymnasium.
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EU blacklist escape blocks double-digit insurance rise
Bahamian households and businesses yesterday escaped potential double-digit increases in insurance costs after this nation secured its removal from the European Union’s (EU) tax blacklist.
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Hugh Campbell Classic: Teams advance to the next round
TUESDAY was a busy day at the Kendal GL Isaacs Gymnasium as some teams were sent packing while others advanced to the next round of the 40th Hugh Campbell Classic basketball tourney.
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CIBC unveils Jet Blue tie-up on card launch
CIBC last night launched its MasterCard credit card partnership with the Jet Blue airline.
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‘Absolutely untrue’ DARE influenced by FTX, Deltec
THE Securities Commission’s top executive yesterday slammed as “absolutely untrue” assertions that The Bahamas’ key digital assets law was influenced to benefit FTX and a local international bank.
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Deltec’s ‘secret’ $2bn credit line for FTX ally
A BAHAMIAN bank has been accused of aiding FTX by allegedly “sidestepping” this country’s banking laws, helping to “siphon off” customer funds and providing an up to $2bn “secret” credit line.
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Buyers for FTX’s $256m real estate target 30% discounts
Deal-hunters seeking discounts of up to 30 percent are circling FTX’s $256m Bahamian real estate holdings as local liquidators move to secure realtors who will market 34 properties for sale.
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Forget the past
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The international stock markets have experienced an up-and-down week. In the US, the rise in producer prices was spoiling investors’ buying mood at the end of last week and the Dow Jones Industrial Average (DJIA) was falling. The German benchmark index, DAX, reached a new record high on Friday and left trading with slight gains.
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Clubs & Societies – February 16th, 2024.
The Bahamas Girl Guides Association Annual Guide Week Schedule:
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FTX Bahamas creditors to have first meet March 15
FTX’s Bahamian subsidiary will hold its first creditors meeting on March 15 at Baha Mar’s convention centre as its liquidators ramp-up efforts to return assets to their rightful owners.
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FRONT PORCH: Signs of failure and dysfunction still plague us
Last year there were 103 homicides in Greater London, with a population of approximately 8.9 million. The Bahamas, with approximately 400,000 people, had 110 murders, the majority of them on New Providence, with a population of approximately 300,000. Stabbing accounted for 65.05 percent of the homicides in London. The greater majority of homicides in The Bahamas are caused by guns.
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EDITORIAL: So, is crime affecting bookings, or not?
TOURISM Minister Chester Cooper was on the offensive yesterday – and given the recent spat over media coverage of murders made for interesting listening.
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DPM: Crime coverage woe ‘losing momentum’
THE Deputy Prime Minister yesterday voiced optimism that damaging media coverage of The Bahamas is “losing momentum” with major resorts reporting peak winter occupancies “in excess of 80 percent”.
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Gov’t to split ‘smart city’ money streams with Aliv
THE Government’s digitisation chief yesterday said it will evenly split the “new money” generated through its three-year partnership with Aliv to transform downtown Nassau into a “smart city”.
