How much money and misery this BEC Union has caused the Bahamian people even from granny was a teenager? Maybe we all need to pray for electricity to become an obsolete commodity or at least a non essential service.

China is being wise. While it had a booming economy, invested its money overseas. It bought up a lot of the debt of the United States and other nations around the world. China also bought up substantial assets in many countries around the world, including the Bahamas. So as China is now experiencing its slowest economy in 24 years it is reaping benefits from its investments in the US debt as the U.S. is climbing out of one of its greatest recessions in history. If the world economy follows China and goes back into a recession, China will still have the advantage of having investments all over the world. What role does China play in biblical end time prophecy? It it soon to replace the United States as the greatest super power of the world? Everyone knows that China worships the dragon and there is only one dragon spoken of in the bible. Or is this just a coincidence. Bible scholars

No Whitney bastion was the contractor. He also had the contract for the courts which is almost two years late

Despite apparantly committing a criminal act the young man who allegedly set the BAMSI building on fire is a victim in this matter. Going to work everyday and expecting to be paid. Not wanting to quit because another job is so hard to find. And so you continue to work full of faith that eventually you will be paid. Maybe this can be a real test of restorative justice. Maybe someone can start a fund to help the young man pay for the damages he caused. They maybe his punishment can be reduced based on the amount he is able to pay back.

Money talks chile, an dem set who ca'an get dey hands on da cookie jar is be real mad .

I guess you meant to say "the mormal business risk has been increased (substantially) by VAT." The things you mention would have been written into the original retail selling price of the dresses if it was expected that all may not sell or some may have to be sold at a reduced price. But when this is done, either the VAT will be lost totally (if the dresses are discarded or given to charity), or it will be substantially reduced if the dresses have to be similarly discounted.

The higher the customs duties on an item the more VAT is paid at the port since duties and other local charges are added to the cost of the goods before vat is calculated. Never mind what John Rolle says companies with high duty items, slow turnover, high pilferage or high obsolecence of inventory will not be able to recover all the vat paid at the border by charging 7.5% when the government is taking much more. Let's say a boutique brings in a dozen dresses but is only able to sell 9 of them. Then the actual vat paid at the border is over 20%. unless that boutique has a markup of 300% they cannot recover the vat paid on the 12 dresses if they only sell nine. Stores like auto parts with an even higher custom duty rate a larger inventory and similar obsolecence will have an even greater challenge. Businesses that don't track their costs properly can easily find themselves working for government. Those who adjust their prices to cover costs will be branded as price gourging villins.

THIS Weekend has been the slowest for businesses in a long time. Usually the middle of January is slow as many households are broke after spending for the holidays then getting the children back in school but this weekend was extremely bad. Many streets were like ghost towns, attendants at gas stations fell asleep as there were few or no customers and even a number of food stores had few customers. Those who shopped did so with caution and the reality of vat is now being felt in the pocket of the consumer.

You tend to wonder if the operators used the fire to get rid of excess waste...just saying

Did you hear the person they say is the contractor for this project? They say he was too drug tainted to run for the PLP but they give him contracts to build school? Where did he get contractor experience? And a reputation for not paying people who work for him. Now the bank is taking his house! That is never a good thing but this man had a long enough rope