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CIBC acquisition called off as regulators deny approval

NASSAU, BAHAMAS — CIBC today announced that the transaction that would have seen GNB Financial Group Limited acquire a majority stake in FirstCaribbean International Bank Limited will not proceed as it did not receive approval from FirstCaribbean’s regulators. In a statement, Colette Delaney, CEO, FirstCaribbean, said: “While this transaction would have supported FirstCaribbean’s long-term growth prospects, it is only one...

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US Members of Congress urge govt to reconsider BPC oil deal

Letter: Bahamian govt will require financial assistance from the US to address any oil spill NASSAU, BAHAMAS — Some 17 members of the United States Congress have urged the government to reconsider its agreement with the Bahamas Petroleum Company (BPC) for exploratory oil drilling in The Bahamas and questioned the company's and the government's capacity to mitigate a serious disaster....

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UN commission removes cannabis from “world’s most dangerous drugs” list

NASSAU, BAHAMAS — The UN Commission on Narcotic Drugs today voted to remove cannabis and cannabis resin from its list of the “world’s most dangerous drugs”, a move the Associated Press (AP) is stating could have an impact on global “loosening of international controls on medical marijuana”. The AP noted, however, that the vote “does not clear UN member nations...

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Turnquest resigns, PM accepts

PM to serve as interim minister of finance Third Cabinet minister to resign  NASSAU, BAHAMAS — Prime Minister Dr Hubert Minnis has accepted the resignation of Deputy Prime Minister and Minister of Finance Peter Turnquest. In a statement, the prime minister thanked Turnquest for his service to The Bahamas, especially during the COVID-19 pandemic. “I will serve as interim minister...

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Atlantis to resume operations in a “bubble” before year’s end

NASSAU, BAHAMAS — When Atlantis Paradise Island reopens sometime before the end of the year, the resort will operate under a new environment-controlled regime, known as the “Atlantis bubble”. In internal minutes from a meeting today obtained by Eyewitness News, Atlantis President Audrey Oswell advised the team there was not an announcement of the exact opening date of the resort....

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SICK AGAIN: Nurses call foul over ‘hidden’ shift system clause

NASSAU, BAHAMAS — Nurses in Grand Bahama are reportedly calling in sick today amid revelations that a long-protested shift system was embedded in the appointment letters of new hires. Bahamas Nurses President Amancha Williams told Eyewitness News that she is investigating reports that members have called in sick and suggested the action could be more widespread as the Public Hospitals...

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House Speaker expects widespread quarantine of Parliament after staffer tests positive for COVID-19

NASSAU, BAHAMAS — Speaker of the House of Assembly Halson Moultrie said he expects all parliamentarians and staff who attended the House last week to quarantine and test for COVID-19 after a staff member of the Parliament tested positive for the virus. Moultrie said he received confirmation of the positive case this morning. However, the speaker advised that a small...

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Suspected case of COVID-19 at Columbus Primary School

NASSAU, BAHAMAS — The Ministry of Health is investigating a suspected case of COVID-19 among a staff member at Columbus Primary School, Eyewitness News can confirm. When contacted, Director of Education Marcellus Taylor said education officials were advised this morning of the suspected case at the school and are following all protocols. He said: “We informed both the Ministry of...

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REOPEN: PM announces Aug 31 resumption of commercial activity

NASSAU, BAHAMAS — Prime Minister Dr Hubert Minnis has announced the reopening of commercial activity with certain restrictions next Monday, August 31. During a joint press conference, the prime minister said it is important to reopen the domestic economy as soon as possible and have a full reopening as soon as feasible, while balancing the health crisis. A full list...

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COVID death toll increases to 46

Recovered cases nearly triple NASSAU, BAHAMAS — Two more people with COVID-19 have died, health officials confirmed today. According to Dr Merceline Dahl-Regis, health consultant in the Office of the Prime Minister, COVID-19 deaths reached 46 today, including all “under investigation” with five people who died from non-COVID-related illnesses. Dr Merceline Dahl-Regis, health consultant in the Office of the Prime...

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