AGP Executive Report
Last update: 8 hours agoCruise Disruption: Royal Caribbean rerouted Oasis of the Seas to Halifax as an East Coast storm threatened its route, cancelling planned calls at Nassau, CocoCay and Port Canaveral. Bahamian officials also warned of gale-force winds and dangerous seas as a cold front approached. Fiscal Debate: The government says it recorded a $39.3 million surplus, its first since independence, but the opposition and economists question the figures, citing deferred payments and National Insurance Fund spending. Rising Costs: With gasoline topping $7 a gallon, the government is exploring relief as taxi drivers seek a fare increase and jitney operators warn of pressure on their costs. NIB and Retirement: The government is considering raising the retirement age to 67 amid concerns about NIB’s long-term sustainability; a proposed increase has drawn resistance from the minister responsible for the fund. Cave Discovery: Researchers found that a diatom-rich biofilm sustains the rare cave brittle star, found only in caves on San Salvador.
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