Bahamas
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Bahamas pays tribute to late British prime minister
NASSAU, Bahamas, CMC – The Bahamas Monday joined the international community in paying tribute to Margaret Thatcher, described as Britain’s most dominant prime minister since Winston Churchill. Thatcher, 87, had been in declining health for some years, suffering from dementia. She died peacefully following a stroke. Observers said the death of Sir Denis Thatcher, her husband of 50 years and…
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Three killed after plane hits a car
NASSAU, Bahamas, CMC – The Bahamas government says it will move to install emergency lights at the Mayaguana airport after an aircraft crashed into a vehicle killing three people on Thursday. “As a result of this terrible turn of event the Ministry of Transport is now intervening to procure the immediate installation of emergency lights in Mayaguana and will thereafter…
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Caribbean officials seek to curb dirty money
KINGSTON, Jamaica – FINANCE officials from 13 Caribbean island nations and territories met yesterday in Antigua to brainstorm about ways of strengthening anti-money-laundering efforts and asset forfeiture. It's an uphill battle in the Caribbean, which UN experts consider a top destination for the laundering of cocaine income. Last year, eight Caribbean countries or territories were designated by the US as…
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Regional countries to discuss new US regulations
NASSAU, Bahamas, CMC – The Bahamas will host a one-day Regional Foreign Accounts Tax Compliance Act (FATCA) workshop next week as Caribbean countries seek to comply with new regulations outlined by the United States. Financial Services Minister L. Ryan Pinder said that the workshop is being facilitated by the United States Treasury and Internal Revenue Services (IRS) . An invitation…
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BAHAMAS-TRAVEL-Bahamas government issues advisory to citizens travelling to United States
NASSAU, Bahamas, CMC – The Bahamas government has warned nationals travelling to the United States to be careful about their possession as they embark upon shopping expeditions in the North American country. The Ministry of Foreign Affairs said this “is the traditional season for Bahamians to shop before back to school and while shopping may not be paying particular attention…
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Bahamas worried at influx on illegal Cubans
NASSAU, Bahamas, CMC – Foreign Minister Frederick Mitchell says the Royal Bahamas Defence Force (RBDF) had detained 17 Cubans at Cay Lobos on Sunday and that the Perry Christie administration is seeking to repatriate them swiftly to Havana. “We have advised the Cuban government that they are in the centre and we want them repatriated swiftly to Cuba in accordance…
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Serious crimes trend down
NASSAU, The Bahamas, CMC – The Bahamas has recorded a decrease in serious crimes since the start of the year. This includes a 24 per cent decrease in the number of murders “despite the recent reports of murders that we have heard about.” There has also been a 16 per cent drop in Crimes Against Property. Nottage said the downward…
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Government recalls Indian made medicine
NASSAU, Bahamas, CMC – Health authorities here have announced a voluntary recall of Loratadine Syrup which is manufactured in India. A statement from the Ministry of Health said that the syrup is manufactured by Health 2000 Inc. and the batch numbers are being recalled are LB-1202 and LB-1212, manufactured in May 2012 and having an expiry date of April 2015.…
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Bahamas exploring for oil in commercial quantities
NASSAU, Bahamas, CMC – The Bahamas government has indicated that it will most probably hold a referendum on oil development during the latter part of 2015, if present exploration efforts prove that there is sufficient oil to economically transform the country “for many generations to come”. “Estimates suggest that exploration data, sufficient to answer the question of whether we have…
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(Former) Minister: US fiscal crisis threatens small Caribbean economies
BAHAMAS – The inability of American lawmakers to agree on budgetary measures threatens small Caribbean economies, asserts a former finance minister. “A US fiscal cliff can be an economic cliff for small states,” contends Zhivargo Laing, a noted Caribbean economist and former finance minister for the Bahamas. “Small Caribbean economies rely significantly on trade with the US, either through tourism…
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