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Capital backs Bahamas: ‘Get past’ 7.2m record
The Bahamas was yesterday urged to quickly “get past” pre-COVID’s record 7.2m visitor arrivals after this nation ranked among the top Caribbean destinations which tourism investment capital is most bullish on.
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Chavez Young homers on rehab assignment in Single A
CHAVEZ Young continues to work his way back from an early season injury in his second stint with the Dunedin Blue Jay of the Single-A Florida State League.
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Bahamian blood on US Second Amendment
Prime Minister Philip Brave Davis’ startling claim that 90 percent of confiscated guns used in murders in this country have been traced to American manufacturers and firearm retailers suggests to this writer that the 2nd Amendment to the US Constitution is stained with Bahamian blood.
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‘90 taxi plates are inactive’
THE Ministry of Transport and Housing has revealed some 90 taxi plates are inactive.
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One-third of dormant taxi plates ‘rescued’
One-third of the 90 dormant taxi plate holders have paid-off arrears owed to the Government within 48 hours of being warned they would otherwise lose these assets.
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Gas price crisis wiping out retailers’ profits
Bahamian gas stations say “no business operates” on the unsustainable seven percent gross margins they are enduring amid warnings the sector may have to cut jobs and operating hours to survive.
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INSIGHT: Out of order, Madam Speaker
THE Speaker of the House took centre stage last week – and not in a good way.
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‘Drips’ Poitier gets new coaching job
AFTER a brief hiatus to coach at the high school and club level while improving on his golf game, former Bahamian national coach Edrick ‘Drips’ Poitier has returned to coaching at the collegiate level.
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Junior boys suffer third straight loss
FIBA UNDER-15 CENTROBASKET CHAMPIONSHIPS
THE Bahamas junior boys’ basketball team suffered their third straight loss at the FIBA Under- 15 CentroBasket Championships in Puerto Rico.
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Gov’t to cut foreign debt portion in half
The Government is aiming to slash the portion of its debt held in foreign currency by more than 50 percent, a Cabinet minister said yesterday, as he reaffirmed the key components of its liability management strategy.
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Speaker’s comments were wrong
I would appreciate the publication of this open letter in The Tribune addressed to House Speaker Patricia Deveaux for her criticism of Public Officer Mr. Stephen Russell, Director of The Bahamas National Emergency Agency, for his handling of the recent tornado that hit our island.
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FIBA Centrobasket: Bahamas gets 79-59 win over Turks and Caicos Islands
After a trio of lopsided losses to open the tournament, Team Bahamas responded with a pair of wins to conclude the group stage at the FIBA Under-15 Centrobasket Championships for boys. Team Bahamas defeated The Turks and Caicos Islands 79-59 yesterday at the Fernando ‘Rube’ Hernandez Coliseo in Gurabo, Puerto Rico.
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‘Fantastic’ food tariff cuts won’t fully offset inflation
The Budget’s tariff cuts “can’t compensate” fully for the 20 percent increase in food prices since late 2021, Super Value’s principal said yesterday, although they may cover “half of what was lost” by the return of breadbasket VAT.
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Bahamas must get youth for ‘leg up’ on Caribbean
The Bahamas was yesterday urged to start a youth movement so it can grow - for “generations to come” - a flats fishing industry likely to have expanded far beyond its $141m economic impact in 2010.
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‘LAST CHANCE TO CUT A DEAL’: Teachers leader warns stalled pay talks heading towards industrial action
BAHAMAS Union of Teachers president Belinda Wilson has warned that it will not be business as usual in the upcoming fall school semester if the government does not present an “acceptable” proposal for an increase of teachers’ salaries.
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Moody’s: Multiple ‘risks’ to Gov’ts fiscal forecast
Moody’s last night warned of multiple “risks” to the Government’s fiscal consolidation projections due to the absence of any tax increases in the just-unveiled Budget, while spending restraint will “weigh on economic growth”
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Subsidies jump despite $31.5m Bahamasair fall
Subsidies to loss-making state-owned enterprises (SOEs) increased by more than $25m during the nine months to end-March 2022 despite an even greater drop in taxpayer support for Bahamasair.
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Back to the ball
ON SATURDAY, the Cancer Society returned with its first in-person ball since the start of the pandemic. To celebrate the occasion, the organisation chose the theme “Escape” and turned the gala event into a masquerade ball.
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March air arrivals near to 75% of pre-COVID
Tourist arrivals to The Bahamas increased almost ten-fold in March 2022 compared to the prior year aided by the continued easing of COVID-related border restrictions and a rebound in global travel, it was revealed yesterday.
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HUBERT EDWARDS: Today’s Budget for a better tomorrow
We previously considered The Bahamas’ debt sustainability, and looked at the challenges faced from a Caribbean context.
