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Pharmacies reopen with PM meeting set for 4pm
Private pharmacies will reopen this morning after the Government relented and agreed to a meeting between the Prime Minister and industry representatives today to address the price control dispute.
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‘I told you so’: $100m Lucayan sale collapses
The Grand Lucayan’s former chairman last night said “I told you so” after the Government admitted the resort’s $100m sale has collapsed and it is now seeking an alternative purchaser.
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Sir Franklyn: FTX is ‘not our first rodeo’
A well-known businessman yesterday urged the Bahamas to “stand united” in the face of FTX’s implosion as he blasted the Opposition’s leader for trying to “score cheap political brownie points” over the affair.
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Bahamas told: Don’t pause digital assets plan on FTX failure
Halting its digital assets growth strategy due to FTX’s collapse would be “the worst thing The Bahamas could do”, an industry entrepreneur says, even though the failed crypto exchange now faces a local criminal investigation.
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Injustice that affects Bahamians
Countless Bahamians are being and have been left behind due to societal and economic discrimination, across the political divide and economic diaspora.
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Progress in pharmacy price controls dispute
Bahamian pharmacies and the Government were last night said to have made progress in resolving their price control dispute as one operator rejected the Prime Minister’s assertion that savings are not being passed on to consumers.
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FRONT PORCH: Hubris and the march of folly
It is at once fascinating and disturbing to observe how the lust for power, greed and other blinding ambitions, so often lead to folly and failure. Politicians, businesspeople and others over millennia, though repeatedly warned of their delusions, have pursued courses of action leading to disaster and defeat.
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Doctors urge Gov’t: ‘Hit pause button’ over NHI
Bahamian doctors yesterday urged the Government to “hit the pause button” over its proposed National Health Insurance (NHI) reforms, warning they “cannot support the Bill” tabled in the House of Assembly as is.
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‘Corporal punishment is not abuse’ says bishop
BAHAMAS Christian Council president Bishop Delton Fernander says that he does not view corporal punishment as abuse.
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Commending the police on performance
It is with the greatest of pleasure, that I write to commend the Commissioner of Police and members of the Royal Bahamas Police Force for the remarkable performance in the arrests for violent crimes (murders, armed robbery and rape) and the recovery of guns and ammunition from criminals on our streets. The Oath of Office, which reads: "I do swear that I will be faithful and bear True Allegiance to Her Majesty Queen Elizebeth (no) King Charles) His Heirs and Successors according to Law is being kept and most importantly the Mission Statement continues to have a positive effect on the standard of performance and public relations.
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Pintard: Govt is ‘hard-headed’ over price controls
FREE National Movement leader Michael Pintard accused the government of being “arrogant” and “hard-headed” in its approach to implementing expanded price controls.
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Long Island’s to airport is branded ‘a disgrace’
Long Island’s chief councillor yesterday branded the Deadman’s Cay airport “a disgrace and leaves much to be desired” as the lack of airlift and connectivity continues to undermine the island’s economic prospects.
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VIN numbers of stolen vehicles ‘being covered with false plates’
POLICE have noticed a trend regarding stolen vehicles where suspects are covering the original VIN number with a false plate, according to Commissioner of Police Clayton Fernander.
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Dorian housing alternatives ‘would have been a fraction of the cost’
DISASTER Reconstruction Authority Chairman Alex Storr said there were several options for temporary housing after Hurricane Dorian, adding that if there had been practical thought, the results would have the former government spending a “fraction” of the $4.6m it expended on domes in Abaco.
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Boat in Exuma explosion ‘poor quality’
THE Exuma tour boat that exploded in 2018 leaving an American woman dead and several others injured was made of poor-quality aluminium and had no insulation in its wiring which likely caused the fire after it came in contact with fuel, a police officer testified yesterday.
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Food costs driving prices up for Thanksgiving meals
SOME local restaurant owners say inflation and the high cost of food in grocery stores have led them to increase prices of their Thanksgiving meals.
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Bahamas crypto exchange to ‘prove’ financially sound
A SECOND Bahamas-based crypto currency exchange yesterday pledged to publicly disclose “proof” of its financial soundness and reserves in a bid to reassure jittery investors following the implosion of rival FTX.
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Deputy PM confident that Security Commission can handle FTX fallout
DEPUTY Prime Minister Chester Cooper yesterday expressed confidence in the Security Commission’s ability to handle matters related to FTX’s fallout, adding “we have had curve balls thrown at us before in financial services and we persevered.”
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Price control woes confine $100k butter to warehouse
A BAHAMIAN wholesaler says it has been unable to sell $100,000 worth of butter, which has been sitting in its warehouse for five weeks, because the Price Control Commission has yet to approve a revised selling price.
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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.