Friday, July 30, 2010

Bank Robbers At Large

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By IANTHIA SMITH

A bank robbery interrupted business at the Sandyport branch of First Caribbean Bank and led to a shootout between police and the suspects. (Photo/Torrell Glinton)

Two masked gunmen robbed a Cable Beach bank yesterday in a brazen heist that sent police on a manhunt for hours.

The suspects got away, but not before getting into a shootout with police.

Operations and services at the FirstCaribbean Bank in the Sandyport Centre came to a screeching halt as the two armed masked men burst into the establishment, held up two cashiers and escaped with some cash.

Assistant Commissioner

Thursday, July 29, 2010

PLP Rhetoric: Continually Dividing to Conquer the Bahamas

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I was recently involved in a matter whereby a PLP Senator, Jerome Fitzgerald, stated in the Upper Chamber of Parliament that the company I work for "committed an egregious offence against the Stamp Tax" Act.

In a nutshell, we submitted an entry on May 25, 2010, for goods that arrived on May 24, 2010. The entry was approved on May 25, 2010, according to the Bahamas Customs stamp on it, and the Government announced a new tax rate on May 26, 2010. On May 27th we paid the approved entry, after getting a Manager's Cheque from the bank as usual, and collected the product off the dock. 83% of it was subsequently sold. Almost a month later Mr. Fitzgerald took advantage of his lofty position of power and made his comments described above. To make matters worse, Bahamas Customs rescinded their original approval and charged the higher rate of duty

Wednesday, July 28, 2010

PLP Rhetoric: Continually Dividing to Conquer the Bahamas

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I was recently involved in a matter whereby a PLP Senator, Jerome Fitzgerald, stated in the Upper Chamber of Parliament that the company I work for "committed an egregious offence against the Stamp Tax" Act.

In a nutshell, we submitted an entry on May 25, 2010, for goods that arrived on May 24, 2010. The entry was approved on May 25, 2010, according to the Bahamas Customs stamp on it, and the Government announced a new tax rate on May 26, 2010. On May 27th we paid the approved entry, after getting a Manager's Cheque from the bank as usual, and collected the product off the dock. 83% of it was subsequently sold. Almost a month later Mr. Fitzgerald took advantage of his lofty position of power and made his comments described above. To make matters worse, Bahamas Customs rescinded their original approval and charged the higher rate of duty

Tuesday, July 27, 2010

PLP Rhetoric: Continually Dividing to Conquer the Bahamas

0 comments

I was recently involved in a matter whereby a PLP Senator, Jerome Fitzgerald, stated in the Upper Chamber of Parliament that the company I work for "committed an egregious offence against the Stamp Tax" Act.

In a nutshell, we submitted an entry on May 25, 2010, for goods that arrived on May 24, 2010. The entry was approved on May 25, 2010, according to the Bahamas Customs stamp on it, and the Government announced a new tax rate on May 26, 2010. On May 27th we paid the approved entry, after getting a Manager's Cheque from the bank as usual, and collected the product off the dock. 83% of it was subsequently sold. Almost a month later Mr. Fitzgerald took advantage of his lofty position of power and made his comments described above. To make matters worse, Bahamas Customs rescinded their original approval and charged the higher rate of duty

Monday, July 26, 2010

PLP Rhetoric: Continually Dividing to Conquer the Bahamas

0 comments

I was recently involved in a matter whereby a PLP Senator, Jerome Fitzgerald, stated in the Upper Chamber of Parliament that the company I work for "committed an egregious offence against the Stamp Tax" Act.

In a nutshell, we submitted an entry on May 25, 2010, for goods that arrived on May 24, 2010. The entry was approved on May 25, 2010, according to the Bahamas Customs stamp on it, and the Government announced a new tax rate on May 26, 2010. On May 27th we paid the approved entry, after getting a Manager's Cheque from the bank as usual, and collected the product off the dock. 83% of it was subsequently sold. Almost a month later Mr. Fitzgerald took advantage of his lofty position of power and made his comments described above. To make matters worse, Bahamas Customs rescinded their original approval and charged the higher rate of duty

PLP Rhetoric: Continually Dividing to Conquer the Bahamas

0 comments

I was recently involved in a matter whereby a PLP Senator, Jerome Fitzgerald, stated in the Upper Chamber of Parliament that the company I work for "committed an egregious offence against the Stamp Tax" Act.

In a nutshell, we submitted an entry on May 25, 2010, for goods that arrived on May 24, 2010. The entry was approved on May 25, 2010, according to the Bahamas Customs stamp on it, and the Government announced a new tax rate on May 26, 2010. On May 27th we paid the approved entry, after getting a Manager's Cheque from the bank as usual, and collected the product off the dock. 83% of it was subsequently sold. Almost a month later Mr. Fitzgerald took advantage of his lofty position of power and made his comments described above. To make matters worse, Bahamas Customs rescinded their original approval and charged the higher rate of duty

Sunday, July 25, 2010

PLP Rhetoric: Continually Dividing to Conquer the Bahamas

0 comments

I was recently involved in a matter whereby a PLP Senator, Jerome Fitzgerald, stated in the Upper Chamber of Parliament that the company I work for "committed an egregious offence against the Stamp Tax" Act.

In a nutshell, we submitted an entry on May 25, 2010, for goods that arrived on May 24, 2010. The entry was approved on May 25, 2010, according to the Bahamas Customs stamp on it, and the Government announced a new tax rate on May 26, 2010. On May 27th we paid the approved entry, after getting a Manager's Cheque from the bank as usual, and collected the product off the dock. 83% of it was subsequently sold. Almost a month later Mr. Fitzgerald took advantage of his lofty position of power and made his comments described above. To make matters worse, Bahamas Customs rescinded their original approval and charged the higher rate of duty

Friday, July 23, 2010

PLP Rhetoric: Continually Dividing to Conquer the Bahamas

0 comments

I was recently involved in a matter whereby a PLP Senator, Jerome Fitzgerald, stated in the Upper Chamber of Parliament that the company I work for "committed an egregious offence against the Stamp Tax" Act.

In a nutshell, we submitted an entry on May 25, 2010, for goods that arrived on May 24, 2010. The entry was approved on May 25, 2010, according to the Bahamas Customs stamp on it, and the Government announced a new tax rate on May 26, 2010. On May 27th we paid the approved entry, after getting a Manager's Cheque from the bank as usual, and collected the product off the dock. 83% of it was subsequently sold. Almost a month later Mr. Fitzgerald took advantage of his lofty position of power and made his comments described above. To make matters worse, Bahamas Customs rescinded their original approval and charged the higher rate of duty

Thursday, July 22, 2010

PLP Rhetoric: Continually Dividing to Conquer the Bahamas

0 comments

I was recently involved in a matter whereby a PLP Senator, Jerome Fitzgerald, stated in the Upper Chamber of Parliament that the company I work for "committed an egregious offence against the Stamp Tax" Act.

In a nutshell, we submitted an entry on May 25, 2010, for goods that arrived on May 24, 2010. The entry was approved on May 25, 2010, according to the Bahamas Customs stamp on it, and the Government announced a new tax rate on May 26, 2010. On May 27th we paid the approved entry, after getting a Manager's Cheque from the bank as usual, and collected the product off the dock. 83% of it was subsequently sold. Almost a month later Mr. Fitzgerald took advantage of his lofty position of power and made his comments described above. To make matters worse, Bahamas Customs rescinded their original approval and charged the higher rate of duty

Wednesday, July 21, 2010

PLP Rhetoric: Continually Dividing to Conquer the Bahamas

0 comments

I was recently involved in a matter whereby a PLP Senator, Jerome Fitzgerald, stated in the Upper Chamber of Parliament that the company I work for "committed an egregious offence against the Stamp Tax" Act.

In a nutshell, we submitted an entry on May 25, 2010, for goods that arrived on May 24, 2010. The entry was approved on May 25, 2010, according to the Bahamas Customs stamp on it, and the Government announced a new tax rate on May 26, 2010. On May 27th we paid the approved entry, after getting a Manager's Cheque from the bank as usual, and collected the product off the dock. 83% of it was subsequently sold. Almost a month later Mr. Fitzgerald took advantage of his lofty position of power and made his comments described above. To make matters worse, Bahamas Customs rescinded their original approval and charged the higher rate of duty

Tuesday, July 20, 2010

PLP Rhetoric: Continually Dividing to Conquer the Bahamas

0 comments

I was recently involved in a matter whereby a PLP Senator, Jerome Fitzgerald, stated in the Upper Chamber of Parliament that the company I work for "committed an egregious offence against the Stamp Tax" Act.

In a nutshell, we submitted an entry on May 25, 2010, for goods that arrived on May 24, 2010. The entry was approved on May 25, 2010, according to the Bahamas Customs stamp on it, and the Government announced a new tax rate on May 26, 2010. On May 27th we paid the approved entry, after getting a Manager's Cheque from the bank as usual, and collected the product off the dock. 83% of it was subsequently sold. Almost a month later Mr. Fitzgerald took advantage of his lofty position of power and made his comments described above. To make matters worse, Bahamas Customs rescinded their original approval and charged the higher rate of duty

PLP Rhetoric: Continually Dividing to Conquer the Bahamas

0 comments

I was recently involved in a matter whereby a PLP Senator, Jerome Fitzgerald, stated in the Upper Chamber of Parliament that the company I work for "committed an egregious offence against the Stamp Tax" Act.

In a nutshell, we submitted an entry on May 25, 2010, for goods that arrived on May 24, 2010. The entry was approved on May 25, 2010, according to the Bahamas Customs stamp on it, and the Government announced a new tax rate on May 26, 2010. On May 27th we paid the approved entry, after getting a Manager's Cheque from the bank as usual, and collected the product off the dock. 83% of it was subsequently sold. Almost a month later Mr. Fitzgerald took advantage of his lofty position of power and made his comments described above. To make matters worse, Bahamas Customs rescinded their original approval and charged the higher rate of duty

Monday, July 19, 2010

VIDEO: Bahamas Police Capture Barefoot Bandit

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Source: Bahamas News

Sunday, July 18, 2010

VIDEO: Bahamas Police Capture Barefoot Bandit

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Source: Bahamas News

Friday, July 16, 2010

VIDEO: Bahamas Police Capture Barefoot Bandit

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Source: Bahamas News

Thursday, July 15, 2010

Clinton: Release of Cuban Political Prisoners a Positive Sign

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Washington — Secretary of State Hillary Rodham Clinton says the United States welcomes the announcement that Cuba will release 52 political dissidents who have been imprisoned since 2003, describing the move as “a positive sign.”

Speaking with Jordanian Foreign Minister Nasser Judeh at the State Department July 8, Clinton said the apparent agreement between Cuban authorities and the Roman Catholic Church that led to the announcement is encouraging.

“We welcome this. We think that’s a positive sign. It’s something that is overdue but nevertheless very welcome,” she said.

According to press reports, the Cuban government agreed to release the prisoners

Wednesday, July 14, 2010

Clinton: Release of Cuban Political Prisoners a Positive Sign

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Washington — Secretary of State Hillary Rodham Clinton says the United States welcomes the announcement that Cuba will release 52 political dissidents who have been imprisoned since 2003, describing the move as “a positive sign.”

Speaking with Jordanian Foreign Minister Nasser Judeh at the State Department July 8, Clinton said the apparent agreement between Cuban authorities and the Roman Catholic Church that led to the announcement is encouraging.

“We welcome this. We think that’s a positive sign. It’s something that is overdue but nevertheless very welcome,” she said.

According to press reports, the Cuban government agreed to release the prisoners

Tuesday, July 13, 2010

Clinton: Release of Cuban Political Prisoners a Positive Sign

0 comments

Washington — Secretary of State Hillary Rodham Clinton says the United States welcomes the announcement that Cuba will release 52 political dissidents who have been imprisoned since 2003, describing the move as “a positive sign.”

Speaking with Jordanian Foreign Minister Nasser Judeh at the State Department July 8, Clinton said the apparent agreement between Cuban authorities and the Roman Catholic Church that led to the announcement is encouraging.

“We welcome this. We think that’s a positive sign. It’s something that is overdue but nevertheless very welcome,” she said.

According to press reports, the Cuban government agreed to release the prisoners

Clinton: Release of Cuban Political Prisoners a Positive Sign

0 comments

Washington — Secretary of State Hillary Rodham Clinton says the United States welcomes the announcement that Cuba will release 52 political dissidents who have been imprisoned since 2003, describing the move as “a positive sign.”

Speaking with Jordanian Foreign Minister Nasser Judeh at the State Department July 8, Clinton said the apparent agreement between Cuban authorities and the Roman Catholic Church that led to the announcement is encouraging.

“We welcome this. We think that’s a positive sign. It’s something that is overdue but nevertheless very welcome,” she said.

According to press reports, the Cuban government agreed to release the prisoners

Monday, July 12, 2010

Clinton: Release of Cuban Political Prisoners a Positive Sign

0 comments

Washington — Secretary of State Hillary Rodham Clinton says the United States welcomes the announcement that Cuba will release 52 political dissidents who have been imprisoned since 2003, describing the move as “a positive sign.”

Speaking with Jordanian Foreign Minister Nasser Judeh at the State Department July 8, Clinton said the apparent agreement between Cuban authorities and the Roman Catholic Church that led to the announcement is encouraging.

“We welcome this. We think that’s a positive sign. It’s something that is overdue but nevertheless very welcome,” she said.

According to press reports, the Cuban government agreed to release the prisoners

Sunday, July 11, 2010

Clinton: Release of Cuban Political Prisoners a Positive Sign

0 comments

Washington — Secretary of State Hillary Rodham Clinton says the United States welcomes the announcement that Cuba will release 52 political dissidents who have been imprisoned since 2003, describing the move as “a positive sign.”

Speaking with Jordanian Foreign Minister Nasser Judeh at the State Department July 8, Clinton said the apparent agreement between Cuban authorities and the Roman Catholic Church that led to the announcement is encouraging.

“We welcome this. We think that’s a positive sign. It’s something that is overdue but nevertheless very welcome,” she said.

According to press reports, the Cuban government agreed to release the prisoners

Friday, July 9, 2010

Should The Bahamas rethink the educational agreement with Cuba?

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The Bahamas signing an educational agreement with Cuba as reported in the press recently seems innocuous enough, particularly with the travails of the public educational system. But let's dig a little deeper.

Unless things have changed dramatically in Cuba in recent years, no Cuban citizen can sign a contract with an employer. All employees work for the Communist State and are in essence "farmed out" to employers around the world and within Cuban territory.

Should an employer have a problem with an employee, the worker is shipped back to the Government of Cuba. They have none of the legal options

Thursday, July 8, 2010

Suiting Up for a Post-Dollar World

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The global financial crisis is playing out like a slow-moving, highly predicable stage play. In the current scene, Western governments are caught between the demands of entitled welfare beneficiaries and the anxiety of bondholders who fear they will be stuck with the bill. As the crisis reaches an apex, prime ministers and presidents are forced into a Sophie's choice between social unrest and bankruptcy. But with the "Club Med" economies set to fall like dominoes, the US Treasury market is not yet acting the role we would have anticipated.

Our argument has always been that the US benefits from its reserve-currency status, allowing it to accumulate unsustainable debts for an unusually long period without the immediate repercussions of inflation or higher borrowing costs. But this false sense of security may be setting us up for a truly monumental crash.

There is fresh evidence that time is running out for the dollar-centric global monetary order. In fact, central banks outside the US are already making swift and discrete preparation for a post-dollar era.

To

Wednesday, July 7, 2010

Suiting Up for a Post-Dollar World

0 comments

The global financial crisis is playing out like a slow-moving, highly predicable stage play. In the current scene, Western governments are caught between the demands of entitled welfare beneficiaries and the anxiety of bondholders who fear they will be stuck with the bill. As the crisis reaches an apex, prime ministers and presidents are forced into a Sophie's choice between social unrest and bankruptcy. But with the "Club Med" economies set to fall like dominoes, the US Treasury market is not yet acting the role we would have anticipated.

Our argument has always been that the US benefits from its reserve-currency status, allowing it to accumulate unsustainable debts for an unusually long period without the immediate repercussions of inflation or higher borrowing costs. But this false sense of security may be setting us up for a truly monumental crash.

There is fresh evidence that time is running out for the dollar-centric global monetary order. In fact, central banks outside the US are already making swift and discrete preparation for a post-dollar era.

To

Tuesday, July 6, 2010

Suiting Up for a Post-Dollar World

0 comments

The global financial crisis is playing out like a slow-moving, highly predicable stage play. In the current scene, Western governments are caught between the demands of entitled welfare beneficiaries and the anxiety of bondholders who fear they will be stuck with the bill. As the crisis reaches an apex, prime ministers and presidents are forced into a Sophie's choice between social unrest and bankruptcy. But with the "Club Med" economies set to fall like dominoes, the US Treasury market is not yet acting the role we would have anticipated.

Our argument has always been that the US benefits from its reserve-currency status, allowing it to accumulate unsustainable debts for an unusually long period without the immediate repercussions of inflation or higher borrowing costs. But this false sense of security may be setting us up for a truly monumental crash.

There is fresh evidence that time is running out for the dollar-centric global monetary order. In fact, central banks outside the US are already making swift and discrete preparation for a post-dollar era.

To

Monday, July 5, 2010

Suiting Up for a Post-Dollar World

0 comments

The global financial crisis is playing out like a slow-moving, highly predicable stage play. In the current scene, Western governments are caught between the demands of entitled welfare beneficiaries and the anxiety of bondholders who fear they will be stuck with the bill. As the crisis reaches an apex, prime ministers and presidents are forced into a Sophie's choice between social unrest and bankruptcy. But with the "Club Med" economies set to fall like dominoes, the US Treasury market is not yet acting the role we would have anticipated.

Our argument has always been that the US benefits from its reserve-currency status, allowing it to accumulate unsustainable debts for an unusually long period without the immediate repercussions of inflation or higher borrowing costs. But this false sense of security may be setting us up for a truly monumental crash.

There is fresh evidence that time is running out for the dollar-centric global monetary order. In fact, central banks outside the US are already making swift and discrete preparation for a post-dollar era.

To

Sunday, July 4, 2010

Suiting Up for a Post-Dollar World

0 comments

The global financial crisis is playing out like a slow-moving, highly predicable stage play. In the current scene, Western governments are caught between the demands of entitled welfare beneficiaries and the anxiety of bondholders who fear they will be stuck with the bill. As the crisis reaches an apex, prime ministers and presidents are forced into a Sophie's choice between social unrest and bankruptcy. But with the "Club Med" economies set to fall like dominoes, the US Treasury market is not yet acting the role we would have anticipated.

Our argument has always been that the US benefits from its reserve-currency status, allowing it to accumulate unsustainable debts for an unusually long period without the immediate repercussions of inflation or higher borrowing costs. But this false sense of security may be setting us up for a truly monumental crash.

There is fresh evidence that time is running out for the dollar-centric global monetary order. In fact, central banks outside the US are already making swift and discrete preparation for a post-dollar era.

To

Suiting Up for a Post-Dollar World

0 comments

The global financial crisis is playing out like a slow-moving, highly predicable stage play. In the current scene, Western governments are caught between the demands of entitled welfare beneficiaries and the anxiety of bondholders who fear they will be stuck with the bill. As the crisis reaches an apex, prime ministers and presidents are forced into a Sophie's choice between social unrest and bankruptcy. But with the "Club Med" economies set to fall like dominoes, the US Treasury market is not yet acting the role we would have anticipated.

Our argument has always been that the US benefits from its reserve-currency status, allowing it to accumulate unsustainable debts for an unusually long period without the immediate repercussions of inflation or higher borrowing costs. But this false sense of security may be setting us up for a truly monumental crash.

There is fresh evidence that time is running out for the dollar-centric global monetary order. In fact, central banks outside the US are already making swift and discrete preparation for a post-dollar era.

To

Friday, July 2, 2010

Bahamians Under Pressure

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By IANTHIA SMITH

Motorists lineup at the Road Traffic Department yesterday to have their vehicles licensed and inspected. New licensing fees will go into effect today, which are based on a vehicle's weight. (Photo/Torrell Glinton)

From as little as shelling out more money at an Automatic Teller Machine (ATM) to as high as coughing up additional thousands of dollars in stamp taxes on a dwelling home or property, beginning today, Bahamians will have to put a tighter squeeze on their wallets to keep their heads above water.

Today marks the start of the 2010/2011 fiscal period, a 12-month roadmap that ushers in a rash of budget cuts, higher taxes, a freeze on hiring and promotions and in some cases, salary

Thursday, July 1, 2010

Suiting Up for a Post-Dollar World

0 comments

The global financial crisis is playing out like a slow-moving, highly predicable stage play. In the current scene, Western governments are caught between the demands of entitled welfare beneficiaries and the anxiety of bondholders who fear they will be stuck with the bill. As the crisis reaches an apex, prime ministers and presidents are forced into a Sophie's choice between social unrest and bankruptcy. But with the "Club Med" economies set to fall like dominoes, the US Treasury market is not yet acting the role we would have anticipated.

Our argument has always been that the US benefits from its reserve-currency status, allowing it to accumulate unsustainable debts for an unusually long period without the immediate repercussions of inflation or higher borrowing costs. But this false sense of security may be setting us up for a truly monumental crash.

There is fresh evidence that time is running out for the dollar-centric global monetary order. In fact, central banks outside the US are already making swift and discrete preparation for a post-dollar era.

To