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Bahamas ‘non-functional’ portal led to EU blacklist
THE ATTORNEY General says The Bahamas’ efforts to comply with the European Union’s (EU) economic substance reporting demands became “non-functional” with corporate filings having to be entered manually.
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Woman got a call to come outside - then was shot dead
A WOMAN in her 40s was fatally shot after she was prompted to come outside of her home by a phone call early yesterday morning, police said.
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New Providence residents at ease
NEW Providence residents seemed generally unbothered by the arrival of Tropical Storm Nicole as many were casually preparing around town.
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Nicole: Tourism suffers no ‘overwhelming shrinkage’
The Bahamian tourism industry has not suffered a “material” reduction in bookings and guests despite now-Hurricane Nicole striking Grand Bahama and Abaco, a senior hotelier said yesterday.
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FNM chairman: It's time to come home, Prime Minister
FREE National Movement chairman Dr Duane Sands has called on Prime Minister Phillip “Brave” Davis to get his priorities straight in governing the country, while claiming the electorate views him as an “absentee” leader.
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Rosamunde Carey and 21st Century Athletic team introduced to the public
WHILE the others did it through social media, Rosamunde Carey and her 21st Century Athletic team had an official launch on Friday to introduce their slate of officers to the public for the Bahamas Association of Athletic Associations’ general elections.
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Christmas is back
The Bahamas has been on a rough economic, mental and societal roller coaster over the past several years. First we had assorted storms and hurricanes, Dorian being the most destructive in many years.
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Consumers warned: Inflation yet to peak
The Central Bank’s governor yesterday warned hard-pressed Bahamian consumers that soaring inflation may not yet have peaked - although record-setting real estate demand is one area set to “normalise”.
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DPM: We couldn’t let $100m Grand Lucayan buyer stall
THE deputy prime minister yesterday said the Government had grown tired of the prospective $100m Grand Lucayan buyer constantly stalling over the deal by repeatedly asking for due diligence extensions.
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Treasure Cay ‘can’t afford’ $3bn legal battle’s fall-out
TREASURE Cay homeowners yesterday warned they “can’t afford” for the development to be “tied up for years” by a $3bn claim against the Government.
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DEVELOPER SUES GOVT FOR $3BN: Austrian takes action over blocked project in Abaco’s Treasure Cay
A controversial Austrian developer is demanding an astonishing $3bn-plus in damages and interest from the Government after it blocked his bid to acquire Abaco’s Treasure Cay project.
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BPL meeting with hotels a ‘listening opportunity’
BAHAMAS Power and Light CEO Shevonn Cambridge said today’s meeting with hoteliers is more of a “listening opportunity”.
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Pintard: PLP govt a shadow of its former self
FREE National Movement Leader Michael Pintard yesterday called the Davis administration a “shadow of its former self”, saying this “new day” party is far more concerned about politics than good governance.
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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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CRIMINAL PROBE OF FTX LAUNCHED...while FNM wants to know if government was left exposed
POLICE are working with the Securities Commission to investigate if any “criminal misconduct occurred” in view of the collapse of FTX, the Royal Bahamas Police Force announced yesterday.
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‘Stable footing’: Ban on new payment providers removed
The Central Bank’s governor yesterday disclosed it is lifting the near three-year bar on new entrants to the money transmission and digital payments business with the market now on “a stable footing” post-COVID.
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WORLD VIEW: US Mid-term elections - a defining moment
DEMOCRACY is at stake in the country that proclaims itself as the world’s bastion of democracy.
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WORLD VIEW: America’s Democracy not trumped in mid-term vote
IN my commentary last week entitled, US Mid-term elections: a defining moment for the World, I pointed out that no less a person than Joseph R Biden Jr, the President of the United States of America, proclaimed that democracy is at stake in his country.
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Pintard to take BPL woe to Public Accounts Committee
The Opposition’s leader says he will place Bahamas Power & Light’s (BPL) up to 163 percent fuel charge increase before Parliament’s spending watchdog in a bid to uncover how much government “errors” are costing Bahamians.
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Man ‘should serve 12 years’ for repeated sex offences
A 73-year-old Grand Bahama man convicted of having unlawful sexual intercourse with an eight-year-old girl was labeled a repeated child sex offender who should serve a prison term of 12 years, a Crown prosecutor submitted to the Supreme Court.
