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Security firms urge using alarm systems in homes and businesses
WITH a recent increase in armed robberies in the capital raising concerns, local security firms are urging people to get alarm systems in their homes and businesses.
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EDITORIAL: Is taxation the solution to our sins?
IT appears the government plans to make us pay for our sins – literally.
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CCA: WE SHOULD TAKE ADVANTAGE OF BAHAMAS – Contractor reached out for help to son of top govt advisor
Baha Mar's main contractor asked the son of Perry Christie's top policy adviser to intervene when his father proposed changing The Pointe's Heads of Agreement over how many Bahamian construction workers would be employed.
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Ex-BPL union chief wants 74-month payout restored
A former Bahamas Power & Light (BPL) managerial union chief will today seek permission to appeal a verdict that slashed his “handsome windfall” of $621,000 in termination compensation by more than 75 percent.
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Why Moncur job is very dangerous
The Progressive Liberal Party (PLP) has circled the wagon around the gaffe-prone Rodney Moncur. His appointment in the Ministry of National Security as a violence interrupter suggests to this writer that the hierarchy of the PLP government believes that Moncur is one of them, despite his flirtation with the Free National Movement (FNM) in 2016, when he was appointed to the Senate by Loretta Butler-Turner.
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Port chief eyeing Abaco power cable connection
The Grand Bahama Port Authority’s (GBPA) president yesterday suggested running an electricity cable between his island and Abaco as a way to “stabilise” electricity costs and bring rates down.
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Closing arguments made in incest trial
CLOSING arguments were delivered in the Supreme Court yesterday in a case in which a father is alleged to have molested his then teenage daughter.
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FNM delegation inspects Abaco after hurricane
A DELEGATION from the Free National Movement travelled to Abaco on Saturday in the aftermath of Hurricane Nicole.
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Fears FTX freeze order was violated
Fears were raised yesterday that the Supreme Court order freezing all assets of FTX’s Bahamian subsidiary was violated when some of the collapsed crypto currency exchange’s clients withdrew their monies late last week.
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IMF urges Bahamas to stick to 50 percent debt ceiling
The International Monetary Fund has urged The Bahamas to keep to the 50 percent debt ceiling passed in 2018.
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EDITORIAL: Who will bear the cost of climate change?
HURRICANE Dorian was a monster. It bore down on Abaco and Grand Bahama and ripped the islands to pieces. The cost of the lives lost in the storm is immeasurable, there is no price you can put on a life. The damage, however, carried a financial toll, one that The Bahamas had to bear, even though there was a helping hand from others in the aftermath.
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Branville: ‘it’s time for action’ on shanty towns
BRANVILLE McCartney, a former state minister for immigration, called on both political parties to “stop all the committees”, saying that it is time for action on shanty towns.
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PM says PI’s lighthouse developer must reapply
The Bahamian entrepreneur seeking to invest $2m to restore Paradise Island’s lighthouse was yesterday invited by the Prime Minister to reapply for government approval of his project.
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Roundabout suggestions
While I fully endorse the view expressed by Athena Damianos, with respect to the QC/BNT roundabout, perhaps, if the Government has some money for “Roundabouts”, it may wish to convert the nightmare that is the Village and Eastern Roads mess.
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Union chief: ‘We’ve been taken for a ride too long’
The hotel union’s president says it is “diametrically opposed” to the industry’s proposal that tipped employees receive less than a full minimum wage increase, saying: “We’ve been taken for a ride for too long.”
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‘Buy good real estate but a cheap vehicle’
Suggestions that today’s Budget will seek to “promote home ownership” and green energy yesterday generated calls for an attitude overhaul and a variety of tax reforms from participants in both sectors.
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‘Put money with mouth’ to escape IMF clutches
The Bahamas must “put our money where our mouth is” and prove to global investors why it will not require an International Monetary Fund (IMF) programme to escape its economic and fiscal woes, a top banker said yesterday.
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Aviation relief as ‘really ugly’ outcome averted
Bahamas Customs has apologised for its now-aborted efforts to introduce a new border control system for private aviation that could have produced “a really ugly” outcome if implemented.
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COVID-19 controls ‘saved’ $900m external reserves
The Bahamas’ capital controls saved “around” $900m in external reserves at COVID’s peak, an economic researcher has estimated, while also helping to lower the Government’s annual interest burden by 2.5 percent of GDP.
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Bahamas ‘under attack’: Do more to combat FTX
A former finance minister yesterday argued that not enough is being done to protect The Bahamas’ integrity - and that of its entire financial services industry - which is “under attack” from all sides over FTX’s implosion.
