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TWO NEW MAJOR INVESTMENTS (BILLION DOLLAR INVESTMENT BOOM) GOVERNMENT SIGNS $55 M LOAN AGREEMENT FOR NORTH ELEUTHERA AIRPORT
 
BAHAMAS INVESTMENT FORUM IN WASHINGTON, DC --  Photographed above are some the participants of the first Bahamas Business and Investment Forum in Washington, DC organized by The Embassy of The Bahamas. From left to right are Senator Barry Griffin; Central Bank Governor John Rolle; Senator Quinton Lightbourn; Senator Michael Halkitis, Minister of Economic Affairs; Barbara Feinstein, U.S. Deputy Assistant Secretary of State; The  Bahamas Ambassador to the United States His Excellency Wendall Jones; The Hon. I. Chester Cooper, Deputy Prime Minister and Minister of Tourism and Investments; Ambassador Chet Neymour; Consul General Washington Patrick Adderley; Consul General New York Leroy Major; and Michael Fountain, Honorary Consul Chicago.

TWO NEW MAJOR INVESTMENTS (BILLION DOLLAR INVESTMENT BOOM)

The Deputy Minister and Minister of Tourism, Investments and Aviation, I. Chester Cooper has announced that the government will execute heads of agreements this month for more than $1billion of new investments in major touristic developments. It is understood that these projects are slated for Paradise Island and Cable Beach. Mr. Cooper made the announcement […]

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GOVERNMENT SIGNS $55 M LOAN AGREEMENT FOR NORTH ELEUTHERA AIRPORT

Shenia RobertsJournal Staff Writer Prime Minister Philip Davis and Deputy Prime Minister and Minister of Tourism and AviationChester Cooper visited the island of Eleuthera on Monday to sign a $55 million dollar loanagreement with the Saudi Fund for Development to facilitate updates to North Eleuthera’s airportterminal.The updates to North Eleuthera International Airport have been long […]

Financial Analyst Suggests Need For More Local Banks

29 January 2018

Financial Expert and former member of parliament Lester Turnquest is calling for the creation of more local banks to help stimulate the country’s economy. This on the heels of the foreign owned banking institution Royal Bank of Canada announcing several branch closures last week. His comments came while appearing as a guest on the Love […]

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Mitchell: Nothing Has Changed Since Ultimatum For Illegal Migrants

29 January 2018

Progressive Liberal Party Chairman Fred Mitchell has said there has been little change surrounding immigration since the government’s hardline stance. In an interview with The Journal, Mr. Mitchell said the status quo has remained the same and the problem will continue to exist. “The proof is in the pudding with this, I thought the whole […]

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Two Killed In Separate Traffic Accidents

29 January 2018

Two persons became the country’s latest traffic fatalities over the weekend. In the first incident, shortly after 11:00pm on Friday, a woman was walking on Boyd Road when she was struck by a white Nissan Sentra. The driver stopped and was enquiring on her condition, when a second vehicle came from behind, hit the woman […]

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Third Man Killed By Police

29 January 2018

A man was killed by police over the weekend, making it the third person killed by police in less than a week. According to reports, shortly before 10:00pm on Friday, police officers were responding to a report of gunshots being fired in the area of Plantol Street and East Street. As officers approached Irish Spring […]

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DPM: “Country Turning The Corner” Despite Jobs Lost

29 January 2018

Deputy Prime Minister and Minister of Finance Peter Turnquest implying that things may be turning around for the country on the labour front, despite unemployment rising slightly to 10.1% In a glass half full approach, the DPM pointed to the rise in the labour force as a reason for optimism, despite the slight uptick in […]

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How Do Some People Achieve Financial Success?

26 January 2018

The Clifton Review The Clifton Review is a tri-weekly column that examines the question of the Clifton project along with the evolution of the war between two billionaires. We covered the start of this war with articles describing the battle over easement rights, the mysterious burning of a home, the blocks to rebuilding, and countless […]

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UB Educators Upset Over Injustices

26 January 2018

Tertiary educators at the University of The Bahamas are speaking up over injustices at that institution. In a press release the Union of Tertiary Educators of The Bahamas (UTEB) listed 22 discrepancies with the institution. They included undermining the union through victimization, discrimination and generally anti-union activities, illegally stopping faculty salaries and neglecting to take […]

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THREE ARRAIGNED FOR MURDER

26 January 2018

Three men accused of murder were formally charged yesterday in Magistrate’s Court. Brought before Chief Magistrate Joyann Ferguson-Pratt, 21 year olds Keith Stubbs, Stephan Clarke and 19 year old Elvardo Deveaux who allegedly intentionally caused the death of 58 year old Craig Trevor Smith, the father of a Central Detective Unit (CDU) Officer. Entering the […]

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Educational Opportunities For Bahamians

26 January 2018

Higher education is on the agenda for Bahamians in Texas as Prime Minister Dr. Hubert Minnis said that his intent is to fulfill this commitment made in the Free National Movement’s Manifesto. “As you know in our manifesto we made a commitment that we would ensure that we create all opportunities especially for our young […]

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CRIME CRIPPLING COMMUNITY

26 January 2018

Visibly distraught and in shock, residents of the small tight knit community of Plantol street are left wondering why their beloved community member was gunned down. The bloodied handprint, presumably of the deceased 35 year old Chemico Pheron Mackey, was still on the walls yesterday coupled with bullet holes which pierced the tiles and interior […]

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