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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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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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INSIGHT: Was the House of Assembly misled?

HERE’S a name you thought might have disappeared from the political map of the world – Boris Johnson. Bear with me, though, this isn’t just about what happened in faraway Britain.

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DID FTX BREACH FREEZE ORDER? Filing for bankruptcy could have violated Supreme Court ruling

Fears have been voiced that FTX’s co-founder violated a Bahamas Supreme Court Order when he placed some 134 group entities under Chapter 11 bankruptcy protection in Delaware.

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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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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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BAHAMAS REBUTS FTX ACCESS CLAIMS: Securities Commission given lawful permission to transfer assets to ‘a safer space’

The Securities Commission last night debunked accusations the Government “directed unauthorised access” to FTX’s systems, and aided the withdrawal of digital assets, in violation of Bahamian and US court orders.

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Police ‘have not interviewed FTX CEO’

POLICE have not interviewed former FTX CEO Sam Bankman-Fried, Commissioner of Police Clayton Fernander said.

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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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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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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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Police have not interviewed FTX CEO

POLICE have not interviewed former FTX CEO Sam Bankman-Fried, Commissioner of Police Clayton Fernander said.

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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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Police call for vigilance during Christmas season

POLICE have warned people to be more vigilant and take the necessary precautions to avoid becoming victims of crime this Christmas season.

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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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We need a ‘New Day’ as to how we operate

FTX crash brought me to think about our past and certainly suggest the theme adopted by the PLP in the last election is of significance and exceptional importance. Editor, we need a ‘New Day’ as to how we operate and give concessions - licences to unsavory parties.

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FTX implosion threatens perfect ‘40 of 40’ in financial crime fight

The Bahamas’ bid to achieve full compliance with all global anti-financial crime standards before year-end may have been endangered by the implosion of the FTX crypto currency exchange, it can be revealed.

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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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220 Legendary jobs for ‘hazardous’ site

An $80m marina investment for southern New Providence is pledging to transform “a hazardous location” blighted by trash dumps and stolen boats via a project that will create 220 permanent jobs at full build-out.

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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.