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- Nassau County seeks $41 million for tax refunds
(Reuters) - Under the threat of having $80 million of its bank accounts frozen by the courts, New York's Nassau County next Monday will seek the approval of its legislature for $41 million in spending cuts. The money, needed to pay tax refunds to homeowners, cannot be raised in financial markets because Democrats, who are in the minority in the legislature, oppose a $71 million borrowing plan, county officials said on Tuesday. ...
- Nova Southeastern studies swordfish in Florida Straits
Can commercial fishing of swordfish return to the Florida Straits?
Researchers at Nova Southeastern University are trying to determine if the population has recovered to that point yet.
Federal wildlife authorities are considering relaxing some restrictions on swordfish fishing practices. The restrictions were enacted in 2001 after overfishing had decimated swordfish populations.
The Florida Straits, between the Keys and Cuba and between Miami and the Bahamas, are the hot spot for breeding swordfish...
- Bahamas opposition back in power
The opposition Progressive Liberal Party wins a general election in the Bahamas, amid concerns over unemployment and a rising murder rate.
- Former Bahamas PM leads party back to power
Former Bahamian Prime Minister Perry Christie led the main opposition party to victory on Monday, ousting the ruling party in elections dominated by unhappiness over rising crime and joblessness.
- Ruling party faces close vote in Bahamas election
NASSAU (Reuters) - Bahamians voted on Monday in national elections as Prime Minister Hubert Ingraham seeks to keep the ruling party in power in this sparsely populated island chain dependent on tourism and offshore banking. Political analysts predict a close race between the country's two longtime leading parties, the governing Free National Movement (FNM) and the opposition Progressive Liberal Party (PLP) in a vote focused on the economy, crime and oil. ...
- Bach to Rock finds New York-area franchiser
Bethesda-based private music school Bach to Rock, with a half dozen Washington-area locations, has signed its first franchise agreement that will expand its schools to New York and Connecticut.
Amplified Capital Partners LLC will open a chain of Bach to Rock schools in Nassau and Westchester counties in New York and Fairfield County in Connecticut. Financial terms of the franchising agreement weren't disclosed.
"With interest in playing music at an all-time high, we are confident that a musical...
- Mobius: India's proposed tax rules a 'big mistake'
SEOUL (Reuters) - India is faltering as an investment destination because of significant policy mistakes and stock prices there will slide if the nation's credit rating is cut, according to Mark Mobius, one of the world's best-known emerging market investors. "The Indian government has been making many many big policy mistakes. The most important of all is the idea of having retroactive taxation," Mobius, executive chairman of Templeton Emerging Markets Group, told Reuters in a phone interview from the Bahamas. ...
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