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FTX Bahamas chief gets over seven years jail

The former head of FTX Bahamas did not receive “any brownie points for being a whistleblower” to local regulators as a New York judge yesterday sentenced him to seven-and-a-half years in prison.

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Don’t ‘tax your way to success’, Gov’t urged

Businesses yesterday urged the Government not to “tax their way to success” in tomorrow’s 2024-2025 Budget, arguing: “There’s only so much you can wring out of a stone.”

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‘We are all at risk’ over Abaco port uncertainty

Abaco’s Chamber of Commerce president is warning “we are all at risk” as she urged the Government to clarify if it has selected a private operator to take over Marsh Harbour’s commercial shipping port.

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Cousin testifies Gibson said he felt ‘framed’

LONG Island MP Adrian Gibson reportedly believed his ex-fiancée framed and threw him “under the bus” by blaming alleged criminal activities at the Water and Sewerage Corporation on him.

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Budget must ‘move needle’ on creditworthiness, growth

The upcoming Budget must focus on “moving the needle” on The Bahamas’ access to affordable foreign currency financing and higher economic growth, a governance specialist urged yesterday.

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Talks to save 20 CIBC jobs ‘look prosperous’

A union leader last night said efforts to secure new jobs for around 20 CIBC Caribbean staff are “looking prosperous” as the bank moves to shutter its Bahamas call centre by next month.

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DEPP chief: CEC permit needed ‘no matter what’

The Government’s top environmental official yesterday said a key approval is required “no matter what” amid fears this will “roadblock” $24m worth of Hope Town construction projects.

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Minister ‘cautiously optimistic’ over $900m carbon credits

A Cabinet minister yesterday said the Government is “cautiously optimistic” that The Bahamas could earn $900m per year from monetising its seagrass and mangrove carbon sinks.

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More FNM members throw support behind incumbent leader Pintard

MORE members of the Free National Movement who former Prime Minister Dr Hubert Minnis appointed to Cabinet threw their support behind Michael Pintard yesterday ahead of the upcoming one-day convention.

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Halkitis: Bahamas can monetise blue carbon credits from its seagrass

ECONOMIC Affairs Minister Michael Halkitis said The Bahamas could monetise blue carbon credits from its seagrass by the end of 2025.

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$9,000 missing after police search home, woman claims

AN Ethiopian woman who became a naturalised citizen after marrying a Bahamian claimed that after police mistakenly searched her Marathon Estates home for drugs and firearms last week, $9,000 went missing from her house.

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Gov’t sticks to fiscal target as $215m FDI beats pre-COVID

The Government says foreign direct investment (FDI) inflows are now “substantially” above pre-COVID trends at $215m while sticking to its original target of slashing this year’s fiscal deficit by 75 percent.

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Provider’s digital solution to staying NIB compliant

Bahamian companies should employ digital and human resources software to ensure they stay compliant with National Insurance Board (NIB) obligations, IT executives are urging.

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Auto H & L borrowers hit by excess interest

Several thousand Bahamians may have been over-charged interest on loans issued by one of this nation’s largest used car dealers, it was revealed yesterday.

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FRONT PORCH: The delusions of political power

THOSE entranced by political power alternately amuse, frustrate, perplex and infuriate.

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Darville: Mechanical issues at Bimini morgue are being addressed

AFTER a Bahamian complained that the morgue in Bimini keeping his father’s body was not functional, Health and Wellness Minister Dr Michael Darville said yesterday that mechanical issues at the facility are being addressed.

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Aviation ‘didn’t cut off our nose to spite face’ in fire

The Bahamian aviation industry worked feverishly to ensure “we didn’t cut off our nose to spite our face” amid yesterday’s temporary fire-enforced fight suspension at Lynden Pindling International Airport (LPIA).

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Sale mulled for ‘crown jewel’ of Great Exuma

A sale is being explored for a development described as “the crown jewel of Great Exuma” but which has “stagnated” over the past decade and failed to live up to its promise.

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Cable hits back over Internet affordability

Cable Bahamas has hit back by arguing that this nation has “among the lowest and most affordable” entry-level broadband Internet prices in the Caribbean to help make its case for easing regulation.

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INSIGHT: The PLP’s dark veil of secrecy

WHEN Brave Davis came to office, he pledged to lift the veil of secrecy in government – instead, he has replaced it with a cloak of darkness.

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