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Fusion braced for $400,000 electricity costs increase
FUSION Superplex is bracing for an increase of more than $400,000 in electricity costs due to Bahamas Power and Light's bill hike, with its chief executive officer telling this newspaper the triple blow of higher electricity prices, increased food costs and an expected rise in employment wages has been known to "close down businesses".
NIB braces for 18,000 unemployment claims
NIB braces for 18,000 unemployment claims
Up to yesterday, the National Insurance Board (NIB) had received more than 1,000 applications for unemployment benefits from recently laid off hotel workers and is preparing to provide benefits for at least 18,000 people from the tourism sector that have been adversely impacted by the coronavirus (COVID-19) outbreak.
Bracing for impact
Bracing for impact
Close to the entrance of the Nassau Straw Market on Bay Street, Chris Ferguson sat with his mother at her stall late Monday afternoon. He had his supply of hand sanitizer and a bag of oranges...
UPDATES: All government schools closed as northwest Bahamas braces for severe weather
ALL government schools in Andros, the Berry Islands, Grand Bahama and New Providence have been closed on Friday as the northwest Bahamas braces for severe thunderstorms and the possibility of flooding, waterspouts and tornadoes...
Mexico Braces for Strongest Hurricane in Western Hemisphere
Hurricane Patricia headed toward southwestern Mexico Friday as a monster Category 5 storm, the strongest ever in the Western Hemisphere that forecasters said could make a "potentially catastrophic landfall" later in the day...
Brace for more load shedding
Brace for more load shedding
As the Bahamas Electricity Corporation (BEC) grapples with a generation capacity shortfall, an official yesterday warned that consumers could experience outages due to load shedding until at least the end of this week.
In Ukraine, Mariupol residents brace for fight
In Ukraine, Mariupol residents brace for fight
Ukraine and Russia called time-out on hostilities at a border point briefly Sunday to swap prisoners, but just hours later...
Stenographers brace for intro of digital recording
Stenographers brace for intro of digital recording
As the government moves to introduce digital recording in the courts, some stenographers believe that real time reporting is really the way forward...
Corps. Brace for cuts as Financial Woes Linger
Corps. Brace for cuts as Financial Woes Linger
Prime Minister Perry Christie will today present the mid-year budget statement in the House of Assembly, and has promised to outline the true state of affairs of government finances and current economic challenges. The government has already revealed that it has asked its agencies to shave their budgets in response to the challenged fiscal affairs.
Oceania Investors Brace For Jan. 10
Oceania Investors Brace For Jan. 10
Investors from the controversial Oceania Heights development in Exuma have agreed on a date to meet face-to-face with the project's principals and the Chamber of Commerce. A group of approximately 16 homeowners have assembled documents and submitted them as evidence to the Royal Bahamas Police Force and top government officials.