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GBPA: $200m in taxes far exceed Gov’t outlay
THE Grand Bahama Port Authority (GBPA) yesterday blasted the Government’s huge payment demand as ill-founded by arguing that the $200m tax revenues earned by the latter far exceed what it invests in Freeport.
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Climate change? What's that?
This letter is intended for novices and not for the scientifically astute. Experts in the field of science agree that climate change is the greatest threat to the survival of mankind, second perhaps only to nuclear annihilation, and if current trends are not reversed, we as humans could become architects of our own destruction.
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Digital evolution drives retail’s transformation
In the fast-paced realm of business, the evolution of e-commerce has been nothing short of revolutionary.
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PI braces for new fast-food conflict
Paradise Island is bracing for a new fast-food battle with plans to establish Kentucky Fried Chicken (KFC) and Burger King outlets set to potentially double the number of such brands to four.
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Shop-breaker held on charges including attempting to kill an officer and robbery
A MAN is behind bars after a recent string of robberies in New Providence, including an incident involving police shooting him at the scene last month.
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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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WORLD VIEW: Thirsty future? Urgent action for Caribbean and Latin America
IN the face of escalating global environmental challenges, water scarcity and water stress have emerged as critical issues that threaten the livelihoods and well-being of millions of people.
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DIANE PHILLIPS: Road to White House does not run through The Bahamas - What is Ron DeSantis thinking?
Florida Governor Ron DeSantis got lost on his way to the nomination for Republican candidate for US president in the 2024 election.
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Water Corp losing 55% of Family Island supply
More than half the Water & Sewerage Corporation’s supply to Family Island customers never reaches the end-user, it has been revealed, resulting in a negative 306 percent operating loss margin.
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Police officer on motorcycle injured in traffic accident
Police are investigating after a police officer was injured in a traffic accident on Sumner Street, Nassau Village, on Friday morning.
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Fired Atlantis shop steward now working at hotel union
A former Atlantis chief shop steward, whose firing last year triggered a formal trade dispute, has elected not to return to the resort and is now employed full-time with the hotel union.
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AML: ‘Smaller’ stores are path to the future
AML Foods has signalled it paid $1.1m to acquire the future site of its Solomon’s Carmichael store and associated shopping centre as it revealed that “smaller footprint locations” will be its future format.
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Atlantis shop steward’s firing incites protests
The hotel union’s president yesterday said he expects the “law to take its course” as a small group of workers protested at the Department of Labour against Atlantis’ decision to fire a shop steward.
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Armed robbery accused admits to escaping custody at Southern police station last week
A MAN accused of robbing a web shop admitted yesterday to escaping the Southern Police Station last week.
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Man pleads guilty to stealing schoolgirl’s bag and belt, ordered to pay $500 fine
A MAN was fined $500 yesterday after admitting to stealing a schoolgirl’s bag and belt on Marathon Road earlier this week.
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Bahamas $500m loan secures over half external finance need
The Bahamas has secured more than half its foreign currency financing needs for the current fiscal year by obtaining a $500m loan partially guaranteed by the Inter-American Development Bank (IDB).
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PM renews call on climate financing
The Prime Minister has renewed his charge that there is a “disparity” between the climate changes pledges made by developed countries and the financing required by small island states such as The Bahamas.
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WORLD VIEW: Decimation of vulnerable nations inevitable if global warming continues on present trend
JOHN Kerry, former US Secretary of State and current US Special Envoy on Climate Change matters, told the world’s Ambassadors at a meeting in Washington, on May 10, that “there is no way” of keeping the rise in global temperatures to 1.5 degrees Celsius unless CO2 emissions are drastically reduced.
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Hitting near 3% growth to make ‘incredible difference’
Economic growth in the “upper 2 percent” range and above will make “an incredible difference” to The Bahamas’ economic prospects if achieved consistently, the Central Bank governor asserted yesterday.
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Bumper business for back-to-school
Barbers and beauty salon reported “great” business over the weekend for the back to school rush.
