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The importance of the referendum to our freedom

IT IS unfortunate that so many Bahamians — feeling they were duped by the recent failed “referendum” on gambling — have vowed to shun all future referendums.

S&P: Bahamas’ savings slump to 10% of GDP

The Bahamas’ already-low national savings rate fell by a further 5 percentage points during the recession’s peak to just 10 per cent of GDP, a Wall Street credit rating agency has revealed, warning this “may force difficult” fiscal and social security-related decisions upon the Government.