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Gov’ts Central Bank debt soars 85% on IMF SDRs
The Government’s controversial borrowing of IMF special drawing rights (SDRs) reversed five years of decline by causing its net debt to the Central Bank to soar by 85.4 percent to $805.6m.
NPBA: Rockets, Rebels in win column
THE Discount Distributors Liquors Rockets and the Rebels emerged as winners of the New Providence Basketball Association’s double header at the AF Adderley Gymnasium held on Monday night.
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DIANE PHILLIPS: When things go wrong, Consumer Protection Commission indeed helps
IN EARLIER days, I dreamed of solving problems. Not the big ones like ending world famine or creating world peace.
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UB Mingoes take bite out of Great Whites 81-64
THE University of The Bahamas men’s basketball team slowly warmed up against The Zulu Media Marketing Great Whites in New Providence Basketball Association action Saturday night at The A.F. Adderley Gym. And just like the previous two straight wins, The Mingoes finished strong to pick up the 81-64 win – the team’s third straight win.
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Sunland Baptist takes title to Grand Bahama
36TH HUGH CAMPBELL BASKETBALL CLASSIC
The curtains came down on the 39th edition of the prestigious Hugh Campbell Classic on Monday night with the Sunland Baptist Stingers emerging as the back-to-back champions.
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Attorney splits Privy Council over failed Colina challenge
An attorney yesterday split the highest court in the Bahamian judicial system down the middle with his ultimately unsuccessful challenge to the country’s largest life and health insurer.
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THE KDK REPORT: Savour every moment spent with the ones you love
WE OFTEN learn life’s lessons, whether consciously or subconsciously, through our own experiences or by learning from what others have taught us but the lessons that resonate most deeply typically come from individual trials.
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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.
$500m resort project to do ‘wonders’ for Exuma
THE deputy prime minister yesterday said a $500m resort development targeted at Exuma’s Cave Cay project will “do wonders for the entire area” through creating one of the largest marinas in The Bahamas.
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VAT health claims change ‘may’ not happen April 1
The Government “may not” implement the new VAT treatment for medical insurance claims payouts by its April 1 target, it was revealed yesterday, with the decision hinging on a meeting with healthcare stakeholders later this week.
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Debt-to-GDP lowered by a fifth, reports govt
PRIME Minister Philip “Brave” Davis commended his administration’s fiscal performance compared to that of the former administration’s pre-pandemic levels, telling the Opposition: “There is a reason why we are here and you there.”
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250 jobs to come in Exuma project
A new $500m project for Exuma promises to boost that island’s tourism and spark significant job growth.
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GBPA signs $15m solar farm deal
A $15M SOLAR farm will be constructed on Grand Bahama, making it the first of its kind in The Bahamas.
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Gas station dealers mulling shut down
Gas station dealers are mulling a sector-wide shutdown this month amid growing concern about the ability of the industry’s fixed price controlled-margins business model to cope with a variety of cost increases.
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Two arrests after drugs found in separate incidents
Two men have been arrested in two separate incidents, after they were found in possession of dangerous drugs on Saturday.
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Sir Franklyn: Gas retailers have ‘made case for relief’
FOCOL’s chairman yesterday agreed that Bahamian petroleum retailers have “made their case for immediate relief” despite a Cabinet minister dismissing any prospect of an increase in gasoline and diesel margins.
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Petroleum retailer: Gov’t says ‘they want us to fail’
A gas station operator yesterday suggested a six-month job swap with a Cabinet minister so the latter can gain a full understanding of the industry’s plight, adding: “He’s telling us he wants us to fail.”
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Texas A&M Aggies lead Island Relays Bahamas
GRAND Bahama: After the first day of competition, Texas A&M Aggies have surged in front in the two-day Island Relays Bahamas at the Grand Bahama Sports Complex.
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Gardiner, Charlton open outdoor seasons with wins
It was a big outdoor season opener for World and Olympic champion Steven Gardiner at the 17th Annual Spring Break Classic in Carolina, Puerto Rico.
EDITORIAL – Haiti policy: What happens next?
THE question “what happens next?” is very useful when examining public policy.