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36 people evacuated from Sweeting’s Cay
THIRTY-SIX residents from Sweeting’s Cay were evacuated yesterday afternoon from East Grand Bahama where coastal flooding is expected to occur with the passage of Tropical Storm Nicole.
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Dorian tax breaks extension ‘no brainer’ following Nicole
Extending the Hurricane Dorian tax breaks in their existing form was yesterday branded “a no brainer” by Abaco residents, who argued that to do otherwise would be “pretty heartless” after the latest storm to strike the island.
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Courtesy visit to Resilience Centre
ANN Marie Davis recently paid a courtesy call at the Bahamas Resilience Centre in Freeport and was impressed with the programmes offered to address and promote mental health wellness.
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Marina chief suffers ‘worst Thanksgiving in 30 years’
A former Association of Bahamas Marinas (ABM) president says he has suffered “the worst Thanksgiving in 30 years” while linking the drop-off in boating traffic directly to VAT’s imposition on foreign yacht charters.
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‘Don’t build financial services on crypto’
FTX’s collapse into provisional liquidation is a warning that The Bahamas should “not build the whole financial services recovery” on digital assets, a prominent Bahamian accountant said yesterday.
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DIANE PHILLIPS: View from the sidewalk
IT’S amazing what trying to look at something through someone else’s eyes can reveal.
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‘Phoenix from the ashes’: Grand Bahama's $250m resort spark
A $250m investment that will bring one of the world’s top luxury resort brands to Grand Bahama was yesterday hailed as “the catalyst” that will drive the island’s “phoenix from the ashes” rebirth.
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BAHAMAS REBUTS FTX ACCESS CLAIMS: Securities Commission given lawful permission to transfer assets to ‘a safer space’
The Securities Commission last night debunked accusations the Government “directed unauthorised access” to FTX’s systems, and aided the withdrawal of digital assets, in violation of Bahamian and US court orders.
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Extend tax breaks on Dorian ‘apocalypse’
A former Cabinet minister yesterday read out pleas from his Grand Bahama constituents for the Government to extend the Hurricane Dorian tax breaks beyond December 1 as parts of the island still resemble “a scene from the apocalypse”.
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BISX-listed fund targets asset-doubling to $100m
A BISX-listed fund is reviving ambitions to “more than double” total assets to over $100m by “looking more aggressively” for property acquisitions following its recent preference share refinancing.
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INSIGHT: Fyre, FTX and the harm to our nation
A YOUNG entrepreneur, out of his depth, losing a ton of money and injuring the reputation of The Bahamas along the way. I could be talking about Sam Bankman-Fried, whose company FTX has combusted so spectacularly in the past week or so – and I will – but let’s take a trip to the past first.
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FACE TO FACE: Faith through the fire
EDUCATION is a vital key to success - one that can literally change lives. That is why, when Rev Dr Willis Johnson and his wife, Rev Dr Yvette Johnson decided to launch an institution of higher learning 38 years ago, they made a personal commitment not only to teach, but to transform the lives of every student.
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ALICIA WALLACE: Just who is in charge here?
THE news over the past few days has been quite interesting. A few stories have been dominating while others were blips. It can be useful to look at two or more seemingly unrelated news stories to make an assessment on the current state of affairs. Asking questions “Who is in charge here?” and “Why was this the course of action taken” along with “Who is affected most?” can help us to get beyond the story itself and into what it tells us about where we are, and even who we are.
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Pharmacies to ‘temporarily’ close in price control revolt
The Government was last night facing an open revolt after private pharmacies were urged to “temporarily” close today due to the failure to resolve the price control expansion dispute by the November 1 deadline.
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