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Realtor questions VAT break for ‘rich’ buyers

A realtor yesterday questioned why the Government is effectively giving a break to “rich” overseas real estate buyers while raising VAT on the poor by taxing ‘breadbasket’ food items again.

Higher turkey prices a Thanksgiving turn-off

A food store manager believes increased turkey prices are turning consumers off from Thanksgiving shopping.

DIANE PHILLIPS: Desi and Di hanging up their aprons

USUALLY when someone says the kitchen is closed, they mean for the day. But come November 22, when Desi and Di hang the closed sign on The Kitchen it will be for good. After more than 22 years and more chicken dishes, quiches and bowls of okra soup than they can count, the little deli on Shirley Street will become just another part of Nassau history.

PM urges cruise lines to adhere to environmental regulations

PRIME Minister Philip “Brave” Davis urged cruise lines to strictly adhere to regulations relating to pollution and environmental degradation.

Retailer’s e-commerce portal ‘puts us ahead of competitors’

A major Bahamian retailer yesterday said its e-commerce investment had given the business more “exposure” while allowing customers to shop from the safety of their homes.

Families displaced after Haitian community fire

SEVERAL families have been displaced after a structural fire in a Haitian community just off the Kool Acres Subdivision last night.

BOB: Unleash us for commercial lending

Bank of the Bahamas’ managing director is urging the Central Bank to “level the playing field” by removing the restrictions imposed on its commercial lending in the wake of its near-collapse.

GLIMMER OF HOPE: Ratings agency S&P sees economic upturn but private sector cautious

The Bahamas does “not have enough control over our own plight” to take comfort from Standard & Poor’s (S&P) belief that COVID devastation has “bottomed out”, it was argued yesterday.

Gov’t and Opposition trade blows over S&P downgrade

The Government’s attempt to blame the former Minnis administration for The Bahamas’ latest downgrade “does not line up” with Standard & Poor’s (S&P) analysis, an ex-Cabinet minister says.

SCOTIABANK UNVEILS NEW CARD PAYMENTS SYSTEM

SCOTIABANK (Bahamas) has introduced a payment system that allows customers to convert large credit card purchases into smaller monthly installments.

The Metaverse

ActivTrades

FACEBOOK recently changed its corporate name to Meta. This is a move that is more than just an attempt to deal with the brand erosion suffered over the last few years, as the controversy surrounding the social network increased due to hard targeting of users and accusations that its algorithms contribute to the polarisation of society through the dissemination of radical views and false information. The choice of name, Meta, hints at the future envisaged by Mark Zuckerberg for the company.

STATESIDE: It’s not easy keeping pace with the polarization of American politics

GIVEN the choice, most of us would probably prefer a public figure or politician whose views are plain and consistent. That way, at least we know who and more importantly, what we are voting for. One of the most damaging criticisms of politicians in recent decades has been the charge of “flip-flopping,” especially in American elections.

FRONT PORCH: Islands in the cauldron of climate change

IN the closing days of August 2030, the ninth month of the year, a peak period for Atlantic hurricanes, the country nervously watched a gathering storm. It began as an unreported weather phenomenon off West Africa, travelling westerly and eventually funnelled toward The Bahamas as a tropical storm.

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