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Permanent Link: http://ufdc.ufl.edu/UF00084249/01482
 Material Information
Title: The Tribune
Uniform Title: Tribune (Nassau, Bahamas)
Portion of title: Nassau tribune
Physical Description: v. : ill. ; 58 cm.
Language: English
Publisher: Tribune
Place of Publication: Nassau, Bahamas
Publication Date: January 4, 2010
Frequency: daily, except sunday
daily
normalized irregular
 Subjects
Genre: newspaper   ( marcgt )
Spatial Coverage: Bahamas
 Notes
General Note: Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.
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Source Institution: University of Florida
Holding Location: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 09994850
System ID: UF00084249:01482

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Volume: 106 No.33


MONDAY, JANUARY 4, 2010


PRICE - 750 (Abaco and Grand Bahama $1.25)


Bahamas debt to

GDP ratio highest

in 10 to 15 years

THE Bahamas debt to economic output
ratio has risen to around 48 per cent, Minister
of State for Finance Zhivargo Laing has stat-
ed.
This means it is currently around ten per-
centage points higher than it has been at its
peak in the last "ten to fifteen years", said Mr
Laing.
"This is the first time we would be
approaching this kind of debt to GDP (gross
domestic product) ratio."
"We understand that is not an ideal and
not something we want to persist in and so
we'll do what we can to stay away from that as
much as possible," said Mr Laing of the
potential 50 per cent debt to GDP ratio.
Last week international credit rating agency
Standard and Poor's downgraded the
SEE page 11


House resignation

speech 'to bring PLP

leadership to its knees'


By PAUL G TURNQUEST
Tribune Staff Reporter
pturnquest@tribunemedia.net
ELIZABETH MP Mal-
colm Adderley is expected to
resign from his seat in the
House of Assembly on
Wednesday, The Tribune can
confirm.
Having officially tendered
his resignation from the Pro-
gressive Liberal Party with
effect from January 1, 2010,
Mr Adderley is reported to
be drafting a speech which
will bring the leadership of
his former party "to their
knees" when Parliament
reconvenes on Wednesday.
According to sources close
to the matter, the MP deliv-
ered his one line resignation
to the PLP's chairman
Bradley Roberts through a
third party, Myles Laroda,
over the New Year holiday.
While some within the
political realm had predicted
this move for some time,
many sources within the PLP


continued to deny the possi-
bility that their Member of
Parliament would resign from
the party.
Even up to press time last
night, the PLP's chairman
remained adamant that Mr -
Adderley was intending to
remain as an Independent .
SEE page 11
page3


Vilonlious ill LIlis ycal N
New Year's Junkanoo
parade with their colour-
ful and vibrant interpre-
tation of "The First
Americans", a celebra-
tion of Native American
life.
The group took Bay
Street by storm, winning
all seven places in the
'off the shoulder' cate-
gory and placing first,
second and third in free
dancers.
And in addition to
unofficially winning the
Category 'A' with 3,972
points, the Saxons were
also able to win 'Best
Performance on Shirley
Street' and 'Best Ban-
ner'.
Their immense cos-
tumes brought to life
such fictional characters
as Chief Raging Bull,
Warrior Princess and
SEE page 11


Mother and sons in custody

after gun and bullets seized


A MOTHER and her two
sons were taken into police
custody after officers seized
972 bullets for a .9mm hand-
gun during a house search.
Sometime around 12.30am
on Saturday, officers from the
Northeastern Division acting
on information executed a


search warrant on a home on
Washington Street, off
Cordeaux Avenue
In a bedroom, police
retrieved a silver .45 pistol
magazine clip from under a
bureau.
SEE page 11


Shotguns stolen

from Abaco airport
SECURITY was breached at the Treasure Cay Interna-
tional Airport in Abaco just after midnight yesterday when sev-
eral shotguns were stolen from a storeroom.
Police have a 19-year-old man from Treasure Cay in custody
who is assisting police with their investigation into the matter.
SEE page 11


Search called off
for passenger
'who jumped
from cruise ship'
THE search has been
called off for a cruise ship
passenger who is believed
to have jumped overboard
in Bahamian waters.
The United States Coast
Guard officially suspend-
ed its search for 23-year-
old Neha Chhikara, a for-
mer air hostess of India, on
Saturday afternoon.
The woman went miss-
ing from Royal
Caribbean's Monarch of
the Seas after the ship left
Nassau on Thursday, head-
ing to the private island of
Coco Cay.
Reports from Associat-
ed Press claim security
SEE page 11


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PAGE 4, TUESDAY, JANUARY 5, 2010


THE TRIBUNE


EIOI AULETES T HEEITOR


The Tribune Limited
NULLIUS ADDICTS JURARE IN VERBA MAGISTRI
Being Bound to Swear to The Dogmas of No Master

LEONE. H. DUPUCH, Publisher/Editor 1903-1914

SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G.,
(Hon.) LL.D., D.Litt.

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B.
Publisher/Editor 1972-

Published Daily Monday to Saturday

Shirley Street, PO. Box N-3207, Nassau, Bahamas
Insurance Management Building., PO. F-485, Freeport, Grand Bahama

TELEPHONES
Switchboard (News, Circulation and A, c ,tiinn') 322-1986
Ad c,' iiing Manager - (242) 502-2352
Circulation Department - (242) 502-2387
Nassau Fax: - (242) 328-2398

WEBSITE
www.tribune242.com - updated daily at 2pm


Crime fighting strategies outlined


DURING THE swearing-in ceremonies
yesterday afternoon of the nation's sixth
Police Commissioner since Independence,
Prime Minister Ingraham outlined several
crime fighting strategies that his government
plans to implement.
"In this regard, a critical area in which my
government is taking urgent action is in the
criminal justice system," Mr Ingraham told
his listeners. "In particular we are respond-
ing to the increase in crime following deci-
sions of the courts as to the maximum time
an accused may spend on remand before
being granted bail.
"A criminal out on bail committing new
and often vicious crimes is unacceptable to
law-abiding citizens. It frustrates the police.
It mocks the criminal justice system and our
way of life. In response, my government will
facilitate increasing as quickly as possible
the number of judges, magistrates, court-
rooms, legal officers and support staff to sur-
mount a lengthy backlog of cases," he said.
This is indeed good news. Now maybe
we shall see persons accused of murder and
gun-toting robbers being denied bail, while
their cases are put on the front burner for
early trial.
Yesterday the prison bus arrived in Bank
Lane with six men accused of murder - the
crime of one of them was allegedly commit-
ted on January 21 last year.
The last two accused were alleged to have
committed their crimes on December 23,
just two weeks ago. Already they were
before the court with a hearing date set for
January 15. Two others, accused of murder,
on December 21 - just a few days earlier -
also have a trial date for January 25 - this
month.
Among them was a prisoner who is
accused of a September 20 murder. His court
hearing was set down for January 25. The
one man, who has been awaiting trial since
January 21 last year has spent almost a full
year in prison. Yesterday he was told that his
day in court will be on January 15.
If crimes committed just a few days ago
can be ready for trial in a few weeks, why did
a public outcry have to be made for someone
to realise that murder trials, and gun cases
should take priority over all other offences?
Also that no one accused of murder or car-
rying a gun illegally should be set lose on
society to await bail.
It is true that an accused person has rights
and those rights should be jealously guarded.
However, what the courts seemed to have
forgotten - and for which there is rising


resentment in the community - is that citi-
zens also have rights and those rights should
also be protected. For some time now, the
scales have been tipped in favour of the
accused.
No murder accused should be released on
bail. He should not be permitted to leave
that court room until a magistrate fixes a
trial date, and then he should be locked up
until that date.
Also special consideration should be giv-
en to the accused who threatens the life of a
witness. We have heard of too many wit-
nesses recanting, or denying that they saw
anything just to avoid the witness box. We
know of at least one case where it is alleged
the accused got off scot-free because a wit-
ness was terrorised into a state of amnesia. In
our opinion an accused person making such
threats should get a life sentence. And life
should mean a natural life- not 25 years
and even more time off for good behaviour.
Crime has flourished because society - as
reflected by the courts - has gone soft on
the criminal.
Mr Ingraham has also said that the long
overdue electronic bracelets and monitor-
ing of serious offenders who are out on bail
will be introduced this year.
"In fairly short order my government will
announce expanded measures to confront
the number of armed and dangerous offend-
ers on bail. To those criminals who believe
that the courts' decision was a get-out-of-
jail card and a licence to continue their nefar-
ious careers I say: You are sadly mistaken."
Also in urgent need is the replacement of
one who has become known as a "walking
library" in the Attorney General's office.
With the elevation of Director of Public
Prosecutions Bernard Turner to the High
Court Bench, the criminal side of the court
has been rudderless since October 31. Mr
Turner has been in the Attorney General's
Office for over 20 years and DPP for about
10 of those years. It is understood that his
absence is sorely missed.
There are those who claim that the vacan-
cy should be filled before the promised
March date.
If the government can introduce legisla-
tion to guide the judiciary, then we are cer-
tain that the newly-appointed Police Com-
missioner with his new team of officers will
be able to take care of the criminals. The
only other ingredient to form the perfect tri-
angle would be full community cooperation
with no one offering solace or a place to
hide to the criminal.


A new message is




needed from the




Prime Minister!


EDITOR, The Tribune.

Regrettably, the Prime
Minister offered us nothing
new in his Christmas address
to the nation, besides wishing
us a Merry Christmas for
2009. Based on The Tribune's
report (29th December 2009)
of the PM's address, we are
frankly well aware of all he
discussed.
Surprisingly, he offered no
hope with regards to the fight
against crime and sees fit to
postpone this discussion until
the New Year. The Prime
Minister should have had a
national address months ago
to inform us of his govern-
ment's initiatives on this mat-
ter.
While I thank the govern-
ment for their many initiatives
since taking office, such as the
road project, LPIA, harbour
dredging, etc; these projects
were all overshadowed by
crime. Any right thinking gov-
ernment would have placed
crime first on the agenda, giv-
en the mood of the country
and the voices of the majority.
We have ended a bloody year
with 80+ murders and too
numerous armed robberies to
mention, topped off with a
government that seems hope-
less in dealing with this men-
ace. They could pave
the streets with gold and this
would not outweigh the crime
reports being seen worldwide
on the internet.
After being in office for
over two years, the current
administration has proven
useless in their ability to deal
with the backlog of cases,
harshly punishing criminals,
signing death warrants, and
capital punishment. And
please don't give us the UN or
Amnesty International's


excuse, because we seem to
blow them off when
ready. Any new legislation
could have been introduced
months ago, as the Govern-
ment has proven to whip up
new laws as needed in the
past. Has the PM sat down to
consider how many cases
have been tried out of 80+
murders for the year, not to
mention the backlog of cas-
es? Are all of the thugs going
to be released on bail, when
their cases are not heard in a
timely manner? If so, the out-
look for 2010 is not great. In
addition, many of those
charged with current murders
seem to be out on bail for pre-
vious offences. The total sys-
tem is in melt down!
Again, we do not expect
the government to prevent
crime (the regular cry from
the Minister of National Secu-
rity), but we do expect for
those who are creating tur-
moil in this country to be pun-
ished accordingly. I trust his
New Year's message will be
one that boldly addresses the
reintroduction of capital pun-
ishment, expansion of the
court system, and denial of
bail for those charged with a
capital offence.
The acting Commissioner
of Police recently commented
on his concern regarding
assault weapons on the
streets. Given this, the PM
may wish to include harsh
penalties for those caught
with assault weapons. The
solutions do not involve rock-
et science, change the law so


that any person caught with
an assault weapon is sent to
jail for 20 years with no bail.
The message will get out very
quickly.
I am advised that Mr
Greenslade is a good man for
the job if allowed to Police
without political interference.
I trust as Commissioner, the
government will put in place
the necessary legislation and
Court System to support his
efforts and that of his Force.
While on the subject of Mr
Greenslade, I wish to com-
mend him for the Police pres-
ence seen on Bay Street over
the Christmas holiday. It
makes you wonder why this
was not happening all along.
Although better late than
never, if the Prime Minister
is not prepared to introduce
bold new legislation and
enhance the justice system to
tackle the current crime wave,
then he is better off saving us
the time and cancelling his
New Year's address.
Like it or not, the ineffec-
tive handling of Justice, the
delay in updating laws, the
inadequate staffing in the
AG's Office, and the appar-
ent unwillingness to carry out
capital punishment lies at the
feet of this administration.
The PM may wish to ignore
the cries of the people, and
therefore, the people will
have the right to speak at the
polls.
Take back the streets,
before the streets take us!
I wish the PM and his fam-
ily a prosperous, safe and
healthy New Year.

JEROME
R PINDER
Nassau,
December 31, 2009.


A direct assault on a private and personal affair


EDITOR, The Tribune.

The recent proposed amendment to make
it a crime so that a husband could be charged
for the rape of his wife while living together
is a direct assault on a private and personal
affair. If a wife could entertain such a
thought against her husband, it would be a
marriage that should have never taken place.
We have already seen a crack in the foun-
dation of marriage, look at the number of
children being born out of wedlock! And
those who are there because of divorce.
There is no need for additional legislation
everyone is protected under the Penal Code.
This writer will be celebrating fifty years of
marriage in a few months time. He believed
that the government should have no role in
this private affair other than to verify its
legality and record the same. Government
should never be in the business of super-
vising married couples; they are capable of
managing their affairs.
The murder count is at an all time high.
Murderers are being released on bail; the
prison has become a revolving door, while
law-abiding citizens live in fear. The police
are doing an excellent job fighting and
detecting crime, but the penal system are
moving too slowly. Until there is an enforce-
ment of capital crime, the murder rate will
continue to climb.
It seems there is a hidden agenda in this
proposal; maybe it is sponsored by an out-
side source. This is nothing new, if we go
back to antiquity, we would find Adam and


Eve living in perfect harmony this continued
until Eve began taking instructions from an
outside source. At a certain point, Eve was
giving Adam orders, for this God was not
pleased. He asked Adam a very important
question: "Adam where art thou?" Adam
knowing that he was out of position in the
home, replied, "Hiding behind this tree."
"Why are you hiding, Adam?" "Because I
am naked! This woman you have given me
has stripped me of my authority in the home,
she was taking instructions from outsiders
and now she is giving me orders. I am
ashamed, that's why I'm hiding."
Some men are hiding from their respon-
sibility even to this day. It is not in their
nature to hide, but when they are stripped of
their position in the home, they become
ashamed, and then go into hiding. A cer-
tain insecure ruler once sent out a decree for
all male children under a certain age to be
killed; his fear was that a certain male was
born within that time who may threaten his
rule.
This kind of thinking continues even to
our time, it's no longer two years old and
under; but all male. The male remained an
endangered species; they are being killed
physically, spiritually, socially and psycho-
logically. Wicked rulers knew that once you
kill the male, the female could easily be led
in the wrong direction.

PRINCE G. SMITH
Nassau,
December 29, 2009


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ANNOUNCEMENT


Mrs. Kelphene Cunningham LL.B Hons. (Lond.) LL.M
(Lond) Postgraduate Dip. Postgraduate Cert. (Lond.)
MCIArb (Lond.), former Vice-President of the Industrial
Tribunal of The Bahamas announces the opening of
her Law Chambers


KELPHENE CUNNINGHAM & COMPANY


Barrister
Counsel and Attorneys-At-Law
Corporate and General Legal Services, Arbitration,
International Dispute
Resolution and Alternative Dispute Resolution
Notaries Public


328 Bay Street
P.O. Box N 12
Nassau, The Bahamas


Tel: (242) 322-9414-6
Fax: (242) 322-9417


Website: cunninghamlawchambers.com
Email: kcunningham@cunninghamlawchambers.com







+


THE TRIBUNE


MONDAY, JANUARY 4, 2010, PAGE 5


I OALNW


Bahamians optimistic




about the new year


FOLLOWING a very economically and
socially challenging 2009, Bahamians seem to be
optimistic that the new year will bring some
improvements.
In a poll at www.tribune242.com, we asked
online readers: "What do you think 2010 will
bring?"
The majority answered that they believe 2010
will be better than last year.
Of the 97 participants in the poll, 53 said the
new year will be better, 13 said they expect it to
get worse and 31 think 2010 will bring more of
the same.
Commentators on The Tribune's website,
however, expressed little hope for any positive
changes.
Poster 'Cyril' said: "The leaders are the
same, the country is the same, the people are


the same, why do we think things will be dif-
ferent? Until these three elements change the
results will be the same."
A comment left by "realist" agreed with
this sentiment.
"What has been done to change the social
ills...nothing...why should you expect different
when you continue to do the same thing? Still
a bunch of talk and no action," 'realist' said.
Poster Shadya Woods said it depends on
what is considered to be better or worse.
"As for me every year is better because I
make a plan and stick to it. Like a wise person
once said, 'you cannot expect to fix a problem
using the same ideas/plans you used when
you created them.' That being said, optimism
is always the best (prescription) for anything,"
she said.


BCB chief appointed new



executive chairman of BEC


JAMAICA: Airport official
says Islamic DVD found
on plane led to delay
KINGSTON, Jamaica
A DVD with Islamic con-
tent found on a plane at a
Jamaican airport led to the
re-screening of dozens of pas-
sengers destined for London,
an airport security official
said Sunday, according to
Associated Press.
John McFarlane, security
chief at the Norman Manley
International Airport in
Kingston, said all passengers
on Thursday's Virgin
Atlantic flight to London
were taken off the plane after
the DVD was discovered by
a crew member.
"Everyone was re-
screened and the flight went
off without a hitch" after a
brief delay, McFarlane said
Sunday.
McFarlane declined to
specify exactly what the disc's
contents were, saying only
that he was told it "was
Islamic" and it made the
flight crew "uncomfortable."
He also did not say where
it was found. None of the
passengers claimed the
DVD.
McFarlane called the addi-
tional security check a matter
of "due diligence."


Michael Moss takes

over from Fred Gottlieb


MICHAEL Moss, chair-
man of the Broadcasting
Corporation of the Bahamas
(BCB), has replaced Fred
Gottlieb as the new execu-
tive chairman of the
Bahamas Electricity Corpo-
ration (BEC), the Cabinet
Office announced.
Of Mr Gottlieb's tenure,
which started in 2007, Min-
ister of the Environment
with responsibility for BEC
Earl Deveaux said: "Mr
Gottlieb assumed the chair-
manship of BEC during a
time when fuel prices
reached the highest the
world had ever experienced.
Additionally, the global
economy suffered the largest
contraction in a generation.
"These two events placed
enormous pressure on BEC
and its customers. The gov-
ernment is particularly grate-
ful to Mr Gottlieb for his
steady and insightful leader-
ship during a particularly
tumultuous time at BEC."
Mr Deveaux said that Mr
Gottlieb's chairmanship was
distinguished by his "firm
and fair dealing with staff
and management, particu-
larly in his sensitivity to the
integrity of the Corporation
while addressing growing
customer needs brought on
by increased unemploy-
ment."


"His efforts in restructur-
ing the management of the
Corporation and initiating
the search for renewable
energy sources are notable,"
the minister said.
Mr Gottlieb's successor
has held numerous senior
and executive posts including
chief technical officer of the
Jamaica Public Service Com-
pany Ltd, general manager
of the Grand Bahama Power
Company and senior process
and operations engineer of
the former Bahamas Oil
Refining Company (BOR-
CO).
A chartered engineer and


corporate member of the
Institution of Electrical Engi-
neers and the Bahamas Insti-


MARINE NAVIGATION

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little room for error so plan to attend the free first
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January 11, 20 10, at 7 p. in. then consider enrolling in
the 3-month course. Other courses include
Seamanship and Celestial Navigation.

Visit www.bsmn.biz for details.


tution of Professional Engi-
neers, Mr Moss' career in
engineering and electricity
generation spans over 40
years.
He has also served as
chairman of the Profes-
sional Engineers Board,
president of the Bahamas
Institution of Profession-
al Engineers and a mem-
ber of the Bahamas Elec-
tricity Corporation (BEC)
Board.





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Mr Moss is married to the
former Willie Angela Marie
Musgrove, an attorney-at-
law and partner in the Gra-
ham Thompson and Co law
firm.
The couple has two chil-
dren.


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+


PAGE 6, MONDAY, JANUARY 4, 2010


THE TRIBUNE


'Carrying the .. .


Candle' to spread


Christmas cheer


Prince Charles Drive
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'CARRY YOUR CAN-
DLE, LIGHT THE
BAHAMAS' Committee
teamed up with several cor-
porate citizens to spread
Christmas cheer by distrib-
uting groceries, clothing and
toy items to over 100 fami-
lies.
For the past several
months, Patrice Stubbs,
founder of this committee
outreach programme and
her team, has been spread-
ing the message of 'Carry
your Candle and Light The
Bahamas with acts of love'.
This has been a labour of
love for the board members
who received names of per-
sons in the community who
continue to face financial
challenges and need some
cheer during the Christmas
season.

Santa
"We wish to thank those
persons and concerned cor-
porate citizens who stepped
up to the plate without hes-
itation to help those less
fortunate, namely Discov-
ery Cruise Line who pro-
vided free transportation
for the goods, Sawyer's
Market, who donated shop-
ping bags, as well as the
secret Santa who donated
hams and turkeys to com-
plete the Christmas meal,"
stated the founder.
Earlier in the month,
Patrice Stubbs held a press
conference and called on
all churches, schools, busi-
nesses and community
groups to focus on values
during the month of
December and January.
Mrs. Stubbs states that


DISCOVERY CRUISE LINE heard the call to assist and donated a bin for the transportation of
goods for the Carry your Candle Christmas distribution goods. From right to left - Yanick Tous-
sain, DCL; Michael Stubbs, Carry your Candle; Diane Wildgoos, Carry your Candle; Rehuder Rolle,
Carry your Candle; Betty Stubbs, Bahamas Customs Dept.


"whatever goes on in the
families affects and is
reflected in the nation.
"If we want to produce a
better crop of political,
church, civic, business lead-
ers and a better crop of
future parents and children


then it begins with us build-
ing back into the very fab-
ric of our families and
homes biblical values:
respect, integrity, honesty,
honour, love and forgive-
ness."
The board members of


Carry your Candle
are Patrice and Michael
Stubbs, Diane Wildgoose,
Rehuder Rolle, Betty
Williams, Maureen Sands,
Debra Simorne, Lorna
Davis, Tyrone Laing and
Tereze Bullard.


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2010 could be


a great year


By JOHN ISSA
THE start of the new
decade holds out great hope
for The Bahamas. It would
therefore be a good time to
adopt the policy promoted
in an old song from the
1940s whose lyrics said that
"you've got to accentuate
the positive and eliminate
the negative."
The positives for the
decade include the contin-
ued progress in the Albany
development. We should all
wish the investors in this
ambitious project well.
Another positive is the news
that Baha Mar may put the
necessary pieces together in
order for work to commence
early in the year and this


should be welcomed by all.
A third positive is the
news that there is some
activity taking place among
the owners of the GBPA
which may break the dead-
lock that has strangled the
hopes and dreams of the
people of Freeport for much
too long.
Some news reports said
that the original Hawksbill
agreement gives the Gov-
ernment a trump card that
they can play in the Nation-
al Interest.
I hope the owners don't
force this.
The fourth positive is the
ongoing construction work
on the new port. The
moment the freight leaves
East Bay Street the redevel-


001-


opment of this prized area
hopefully should begin.
These, plus all the other
smaller developments being
undertaken in The Com-
monwealth, combined with
the projected recovery in the
World Economy should
auger well for 2010.
These positives as the
song says should be accen-
tuated.
The negative that stares
us all in the face is the
upsurge in crime.
The songs advice is sim-
ply cli mi ni Lc the negative."
We all should support the
new Commissioner and his
team in his efforts so to do.


Curator
Requirements & Responsibilities:
* Great team leader with strong organizational &
communication skills & excellent time management
* Background in zoo collection & development
* Proven rescue & restraint experience with birds,
reptiles & mammals
* Physically fit individual with knowledge of animal
training & enrichment
* Strong computer skills & working knowledge of ARKS
* Willingness to work weekends

Interested and qualified candidates should send their resume to
"Curator Position" at P. 0. Box SS 5256, Nassau, Bahamas
or e-mail to dpa@dpa-media.com.


IODSCUSS STOIS ON THIS PAG LO NTSW.RIUE4.O







+


THE TRIBUNE


MONDAY, JANUARY 4, 2010, PAGE 7


A decade of Caribbean decline


- Part 2


insi

WORLD VIE

By SIR RONALD
SANDERS
(The writer is a
Consultant and former
Caribbean diplomat)
IN PART one of this
commentary I argued that
2000 to 2009 has proven to
be a decade of decline for
the Countries of the
Caribbean Community and
Common Market (CARI-
COM). This second part
explores other aspects of the
area's decline.
In the context of the state-
ment in part one that "in the
next decade many CARI-
COM countries will have to
surrender direction of their
economic and fiscal policies"
if they pursue Stand-by
arrangements with the Inter-
national Monetary Fund
(IMF), it is as well to record
the Jamaica experience
which crystallised after part
one was written.
In late December the
Jamaican government con-
cluded negotiations with the
IMF for a US$1.3 billion
Stand-by arrangement
whose terms elicited a howl
of protests from the private
sector, trade unions and the
general public. Apart from
increases in a variety of tax-
es, the original proposals
included removing exemp-
tions from government tax-
es on many food items.
Recognising the force of
the protests, the government
was forced to roll back many
of the value added taxes but
a burden fell on an unhappy
business community to pay a
portion of the estimated
sales taxes up front with rec-
onciliation at the end of the
tax year.
In any event, the Jamaica
community as a whole is
injured by the terms that the
government is compelled to
impose. Importantly, none
of the much vaunted easing
of IMF conditionalties was
evident. Thus, at year's end
a cloud of instability lay
gloomily over Jamaica. It is
a cloud that will spread
across the region if other
countries turn to the IMF
and there is no relaxation of
conditionalities.
As 2009 was coming to a
close, despite all the decla-
rations of the importance of
closer integration and the
vital necessity of establishing
a Caribbean Single Market
and Economy (CSME), gov-
ernments dragged their feet.
The failure to implement
at least the Common Mar-
ket element of the CSME
during the decade 2000-2009
contributed to the lack of
Caribbean resilience to both
the global financial crisis and
the regional financial crises
created by the collapse of
Trinidad based CLICO,
British America and
BAICO, and Antigua-based
Stanford International Bank
and Bank of Antigua.
Had the CSME harmo-
nized regulatory and super-
visory systems and created a
single regional regulatory
body with oversight of
CARICOM financial insti-
tutions, there would have
been a good chance of pre-
venting the events that led
to the excesses of the CLI-
CO, British American,
BAICO and Stanford insti-
tutions.
Integration of production
should also have accelerated
during the last decade, par-
ticularly as CARICOM gov-
ernments accepted that
trade liberalisation was a
reality and rules of the
World Trade Organisation
(WTO) should prevail.
In the absence of special
and differential treatment
for their terms of trade, it
was obvious from the begin-
ning of the decade that the
Caribbean would be com-


pelled to acquiesce to WTO
rules for opening their mar-
kets to competition from
much larger and richer
nations, and they would
have to do so without the


ght

EW

benefit of preferential mar-
kets to which they were
accustomed.
If, at the beginning of the
decade, integration of pro-
duction in the region had
been meaningfully encour-
aged by tearing down the
barriers to cross-border
mergers, acquisitions and
joint ventures, companies
with a CARICOM-wide
reach would have been
established by now better
able to cope with the finan-
cial crisis, and better placed
to deal with the competition
in almost every sector that is
surely coming from the
European Union (EU)
under the Economic Part-
nership Agreement signed
in 2008.
In this regard, in June
2009, important calls were
made by Douglas Orane,
the Chairman and CEO of
Grace Kennedy, a leading
Pan-Caribbean Company
based in Jamaica. He urged
"greater Customs coopera-
tion and removal of trade
barriers, formal or artificial"
arguing that CARICOM is
"in the throes of what is
referred to by regional
media as a 'brewing trade
war' often manifesting itself
in excessive red tape in the
entry of goods, even where
they represent a minor val-
ue". And he pointed out
that the manufacturing asso-
ciations of Trinidad & Toba-
go, Jamaica and Barbados
had called on their govern-
ments "to work together to
remove all non-tariff barri-
ers and unfair trading prac-
tices."
Orane made another sig-
nificant point in relation to
movement of people within
CARICOM when he said:
"Grace Kennedy, and oth-
er companies like ourselves
cannot compete effectively
with extra regional entities if
we are not able to employ
the best people possible
from within the CSME and
without the hassle of oner-
ous immigration or work
permit requirements. This is
not a demand for carte
blanche movement but
purely to honour what was
agreed to in the Grand Anse
Declaration".
Orane's plea - promi-
nent though it was - has so
far elicited little action.
One of CARICOM's
greatest benefits to the peo-
ple of its member states
should be the strength that
collective bargaining brings


to them in international rela-
tions. Relations with all
countries - traditional
friends such as the US and
EU and relatively new
friends such as China, India
and Venezuela - should be
approached jointly rather
than on a beggar thy neigh-
bour approach. By the very
nature of unequal bilateral
relationships, individual
CARICOM countries and
CARICOM as a whole will
be weakened by them. Yet,
2000-2009, witnessed adven-
tures by some CARICOM
countries into bilateral rela-
tions outside the CARI-
COM framework.
The latter half of the
decade also saw the African,
Caribbean and Pacific
(ACP) countries allowing
themselves to be split-up by
the EU to Europe's advan-
tage in negotiating Eco-
nomic Partnership Agree-
ments. The Caribbean suf-
fered as a result.
Even West Indian Crick-
et declined - caught in a
debilitating contention
between the Board and the
Players Association. And,
even as the team began to
hold out some promise in
their November-December
2009 tour of Australia, the
decade ended with a further
row brewing and the
prospect of further agony
growing.
All of this made 2000-
2009 a decade of Caribbean
decline. The people of
CARICOM have a right to
expect better in the next ten
years.
The wonderful Jamaican
Usain Bolt did help to
redeem the region with his
brilliant performance at the
2008 Olympics and the 2009
World Championships. And
it was telling that the region
as a whole claimed him and
acclaimed him so pleased
were the Caribbean people
to enjoy some success on the
world stage.

Responses and previous
commentaries:
www.sirronaldsanders.com


"The latter half of the decade also
saw the African, Caribbean and
Pacific (ACP) countries allowing
themselves to be split-up by the EU
to Europe's advantage in negotiating
Economic Partnership Agreements."


Many thanks to all our valued

clients for your support in 2009.

We look forward to being of

service to you again in 2010.


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ANNOUNCEMENT


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Fax: (242) 322-9417


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+


PAGE 9


M lOND1AY IA)NUARY 4, 2010 " - ll

INIEBIIHS:AC


NEW YEAR PROJECTIONS


2010 - a year of challen e


* Sporting bodies get back

into full gear after Christmas


* Swimming Federation

officers elected back in


By BRENT STUBBS
Senior Sports Reporter
bstubbs@tribunemedia.net

WITH the new year and
decade comes new challenges
for our sporting bodies.
The Bahamas Swimming
Federation closed out the old
year with their election of offi-
cers, but nothing changed as
president Algernon Cargill
and his entire slate were
returned to office unopposed
for the next three years.
The Bahamas Association
of Athletic Associations also
found themselves in an elec-
tion mode in November, but
they brought back Mike
Sands as president and some
of the former executives for a
new three-year term in office.
With the new year just a
few days old, many of the
sporting bodies are getting
back into full gear after taking
a couple weeks off for the
Christmas holiday.
Today, we take a quick
look at the projections for
some of our sporting bodies
as they prepare for the start of
the new year.
BAHAMAS
SWIMMING
FEDERATION
Fast becoming one of the
most vibrant sporting bodies
in the country, the BSF's elec-
tions on December 21 saw
Cargill re-elected as president


YON YLNGETUISS R GIE


ALGERNON CARGILL


with all of his executives.
They included John
Bradley as first vice president;
Kathy Dillette as secretary;
Valerie Lowe as assistant sec-
retary and Ken Bain as trea-
surer.
"That speaks for the confi-
dence that the members have
in the federation and what we
as an executive team is
doing," Cargill said. "This
year, we will be focusing on
Carifta in Kingston, Jamaica
and the CISC Championships,
but we don't know where it
will be held as yet.
"We are also trying to qual-
ify swimmers for the CAC
Games in Puerto Rico and
the Commonwealth Games in
New Delhi, India. So we have
SEE page 10


I ! ;. i;.11 m.11 .s A 111.1-
IL iL ( \ 'ilh F > -l k ,I iu
I \\ ,.I d d.1 l i p ,.11 ' -
pants in its National
Youth Cycling Program,
yesterday at the Blue
Hills Ports Complex for
their body of work in
2009.
The Program hosted
a brief awards presenta-
tion yesterday to high-
light the program which
was meant to garner
interest from newcom-
ers to the sport, while
developing a feeder sys-
tem for the senior cir-

SEE page 10


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BASKETBALL
BBF'S CONDOLENCES
THE Bahamas Basketball Federation has
extended its condolences to the family if othe
late Francis Farrington, the former junior
national team player who was found dead over
the Christmas holiday.
Federation president Lawrence Hepburn
said Farrington was a real gem for the coach-
ing staff, headed by Charlie 'Softly' Robins
from Grand Bahama and he was a role model
for his peers to emulate.
"This young man came to my attention when
one day visiting a Junior National Team prac-
tice at the Kendall Isaacs Gym. He was slow
feet but as intelligent as they come and really
the consulate point guard," Hepburn said.
"I heard his coach then said he was an exten-
sion of himself on the court and protected the
ball as hewished a point guard would do. His
manners and disciplined personallity made it
easy for a coach to give him an instruction
and knew it ws going to be carried out."
Francis, according to Hepburn, went on to a
successful collegiate career, graduating with
a degree in the financial sector and having
returned home was to have commence his
career.
Hepburn said Farrington had also indicated
that he had intended to work with the feder-
ation in developing their national pro-
gramme, especially at the junipr level.
He extended condolences on behalf of
Robins, past president David 'Stretch' Mor-
ley, executives and associations to the family
of Francis.
May his soul rest in peace.
BASEBALL
JBLN OPENING
THE Junior Baseball League of Nassau will
kick off its 2010 season on Saturday at the
"Field of Dreams" at St. Andrew's High
School.
The season will get started on Saturday at
10 a.m. with a March in, parading the more
than 400 players ranging from ages 5-18


years who will make up the 30 teams partici-
pating.
The league will feature six divisions, all of
which will get started following the opening
ceremonies. Among those expected to par-
ticipate in the ceremony are representative
from the Ministry of Youth, Sports and Cul-
ture and the Bahamas Baseball Federation.
The leagues will comprise of the following:
Tee Ball for ages 5-6 years; Coach Pitch for
ages 7-8; Minor Little League for ages 9-10;
Major Little League for ages 11-12; Junior
League for ages 13-14 and Major League for
ages 15-18.
Regular season games will be held under
the lights on Friday, Saturday and Sunday
nights.
TENNIS
JR INVITATIONAL
THE Bahamas Lawn Tennis Association
hosted its junior version of the December
Invitational during the Christmas break at
the National Tennis Center.
The tournament featured competition in the
boys under-14 and under-16 divisions.
Justin Lunn, fast becoming one of the rising
young stars, took the under-14 singles title
with a 6-1, 6-0 victory over Philip Major. The
consolation third place went to Christian
Cargill, who took three sets to defeat Treajh
Ferguson.
Kevin Major was the winner of the boys
under-16 title. He recorded a 6-4, 6-4 deci-
sion over Hubert Russell from Grand
Bahama. Jody Turnquest was awarded the
consolation third place over Ondre Cargill,
who was unable to play their match because
of a stomach sprain.
The tournament followed on the heels of
the BLTA's December Invitational, which
featured some of the top collegiate and pro-
fessional male and female players.
Devin Mullings from Grand Bahama and
Kerrie Cartwright were the top finishers in
the men and female divisions respectively.
The tournament was played just before the
Christmas break.


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ITDISCS TRE NTIS PAG LOG N0TO WW.TIBUE22CO0


THE TRIBUNE







+


PAGE 10, MONDAY, JANUARY 4, 2010


TRIBUNE SPORTS


FROM page nine

a full year ahead of us, includ-
ing the World Indoor Cham-
pionships in Dubai in Decem-
ber."
The federation will official-
ly kick off its new season over
the weekend of January 15-
16 at the Betty Kelly Kenning
Aquatic Center when the
Barracuda's Swim Club host
their meet, which will be the
first for swimmers moving up
in age group brackets.

BAHAMAS
SOFTBALL
FEDERATION

Although he's just com-
pleted his first year as the new
president of the BSF, Burkett
Dorsett said they are looking
forward to a very productive
year, not just locally, but on
the international scene.
"We are starting off with
our junior development pro-
gramme with this gentleman
coming in from the Cruise
Ship in February to do some
clinics," Dorsett said.
He also noted that the
men's national team is cur-
rently in preparation for the
CAC Qualifier in Colombia
in February before the annu-
al general meeting is set for
the first weekend in March at
a site yet to be determined.
"We hope to finanlise plans
for the associations and the
federation for the rest of the
year," Dorsett said. "After
the men come back, we hope
to have all of our associations
up and running before the
men travel to the CAC
Games in Puerto Rico once
they qualify.
"We also have a number of
tournaments that we have
been invited to participate in
like Belize. We just received
information about an ISF
Umpires Clinic in Tampa at
the ISF headquarters and we
hope to bring in some coach-
es for our junior development
programme."
Additionally, Dorsett said
they intend to stage some
administrative courses for the
Family Islands and they also
intend to run a summer pro-
gramme throughout the
Bahamas, culminating with
the Austin Knowles high
School Tournament.
And like track and field,
Dorsett said they intend to
put on their own version of
the year-ending awards pre-
sentation, but they are going
to have to first make sure that
all of the associations are up
to par with the level of offici-
ating from the scorers'
prospective.
Note: Efforts were made
to contact some of the other
federation presidents, but
they were unavailable to con-
tribute to the story up to
presstime.


THE 49ER AND 29ER WORLD CHAMPIONSHIPS




International sailors prepare




to compete in Grand Bahama


by RENALDO DORSETT
Sports Reporter
rdorsett@tribunemedia.net


Nearly 200 competitive sailors from
around the world have descended on
Grand Bahama for the year's first
marquee event on the international
sailing calendar.
The 49er and 29er World Champi-
onships officially commences today in
Grand Bahama with the first slate of
races on the schedule of the week long
event.
Official races begin today through


Cyclists recognized

FROM page nine

cult in the country and throughout the
region.
The programme began in New Provi-
dence, but by February 2010 it will spread
to various family islands which hosts
cycling associations or clubs and will run
until December of 2012.
According to federation executives, the
programme will focus on channelling the
enthusiasm and youthful interest of the
sport in a positive direction which would
impact lives and the community at large.
"We intend to use sports as a vehicle,"
Colbrook said.
"During this time one of the goals is to
eventually cultivate a pool of young and
elite junior cyclists, fully equipped and
knowledgeable in the sport of cycling and
to ultimately represent the Bahamas at var-
ious international events such as the Youth
World Games, Junior Pan Am Champi-
onships, Caribbean Junior Championships
and the Olympic Games."


to the January 9th with an average of
3-4 races per day in each class.
The event will be sailed under the
auspices of the Bahamas Sailing Asso-
ciation and hosted by the Grand
Bahama Sailing Club.
Races will be sailed off the Viva
Fortuna beaches within the reef with
Skiff races are fast with the average
race lasting 30 minutes.
The final series' begin Thursday,
with the medal race for 49ers on the
final day of competition.
The event will feature world class
sailors from around the world, bring-


ing together over 180 competitors
from 29 countries and dozens of other
supporters, coaches and officials.
The Bahamas expects to field
entrants in the 2010 29er World
Championship, including ISAF Youth
World participant Donico Brown.
The regatta series will take off each
day at Taino Beach in Freeport,
Lucaya.
Sailors and their support teams will
be staying at Club Fortuna where the
skiffs will be launched directly from
the beach on race days.
Since 2000 Olympic Games in Syd-


The New Providence Volleyball Association moves
into the closing half of its season and teams continue to
jostle for post season positioning.
Here is the remainder of the NPVA regular and post
season schedule.


SCHEDULE
Men (M)
1, Scotia Defenders
2, Technicians
3, DaBasement
4, Police Crimestoppers
5, Intruders
6, C.O.B.
7, Champions
8, Saints
DATE: TIME:
01/03/10 3.30 pm
4.30 pm


01/06/10


Women (W)
1, Scottsdale
Vixens
2, Johnson's Lady
Truckers
3, C.O.B. Caribs
4, Lady Hornets
5, Lady Techs
6, Cougars


MATCHES
Lady Hornets vs Vixens (w)
Intruders vs Defenders (m)


7:30 pm Defenders vs C.O.B. (m)
8:30 pm Crimestoppers
vs Technicians (m)


DATEOL B E


DATE
01/08/10



01/10/10


ney, Australia, the 49er racing skiff
has been an Olympic Class sailing
class, which could make the event
influential in the Bahamas' return to
competitive Olympic sailing.
In the racing world, 49ers are con-
sidered light, fast, maneuverable and
are piloted by highly skilled from the
two man crews who control large spin-
nakers while trapezing outboard.
Sailing enthusiasts have dubbed them
"the snowboarders of the sailing
world. Exciting, dramatic and color-
ful."


TIME MATCHES
7.30 pm Lady Hornets vs
Lady Truckers (w)
8.30 pm C.O.B. vs
DaBasement (m)
3.30 pm Lady Truckers vs
Vixens (w)
4.30 pm Intruders vs
Technicians (m)
5:30pm Crimestoppers vs
DaBasement (m)


PLAYOFFS
Team standings will be determined after the final games
on Sunday 01/10/2010.
NB. ALL TEAMS WITH IDENTICAL WIN/LOSS
RECORDS FOR PLAYOFF STANDINGS (1 - 4),
WILL HAVE TO PLAY A ONE GAME TIE
BREAKER (best 3 of 5 sets).
PLAYOFFS - Best 2 of 3 games
CHAMPIONSHIP - Best 3 of 5 games


. Leeds knock out


i nManchester United
* ' Q " ROBERT MILLWARD,
-I AP Football Writer
. ' ] .*LONDON


(AP Photo/Jon Super)
LEEDS UNITED'S Jermaine Beckford, left, scores past Manchester United's Wes Brown, centre, and goal-
keeper Tomasz Kuszczak during their English FA Cup third round soccer match at Old Trafford Stadium,
Manchester, England, yesterday.


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Third tier Leeds knocked Manchester United out of the FA
Cup in one of the competition's most famous upsets on Sunday
while defending champion Chelsea outplayed Watford in a 5-
0 victory to reach the fourth round, according to Associated
Press.
Arsenal came from behind to win 2-1 at West Ham with
two late goals in a five-minute spell by Aaron Ramsey and
Eduardo da Silva. Jermaine Beckford's 19th minute strike at
Old Trafford gave League One leader Leeds a memorable
victory at a ground where it had not won since 1981.
Leeds became the first team to knock United out in the
third round since Harry Redknapp's Bournemouth in 1984, two
years before Alex Ferguson took charge at Old Trafford. Unit-
ed has won the trophy five times under Ferguson and holds the
record of 11 FA Cup triumphs.
Ferguson was scathing about the performance from the Pre-
mier League champions for the past three seasons.
"I didn't expect that," Ferguson said. "I'm shocked at the per-
formance. Leeds fought like tigers, you would expect that
when they come to Old Trafford for an FA Cup tie. They are
human beings, they can always surprise you.
"Beckford has got a lot of pace up front and we were caught
napping, really. It was a bad goal for us to lose but the whole
performance was bad."
Ferguson also criticized referee Chris Foy for playing only five
minutes of injury time even though there were frequent stop-
pages in the second half.
"The referee gave five minutes of injury time - that is an
insult to the game and the players out there," the United man-
ager said. While United floundered at home, Chelsea raced into
a 3-0 lead at Stamford Bridge inside the first 22 minutes. Daniel
Sturridge scored his first two goals for the club, Watford's
John Eustace put the ball into his own net and Florent Malouda
and Frank Lampard added the others.
West Ham went ahead a minute before halftime at Upton
Park when Alessandro Diamanti beat Arsenal's offside trap to
run clear and fire home via the inside of the post.
Ramsey equalized in the 78th minute after good approach
play by Alex Song and Carlos Vela and 10-time champion
Arsenal captured a fourth round spot through Da Silva's head-
er in the 83rd minute from a leftwing cross by Vela. A meeting
of two League Championship clubs, Sheffield United and
Queens Park Rangers, ended 1-1.
In Sunday's late game, Wolves needed a 77th minute strike
from Matthew Jarvis to beat Tranmere 1-0. The third round
match between League Two Notts County and non-league
Forest Green was called off because of a frozen pitch. There
were no major upsets in Saturday's third round games, although
Liverpool was held 1-1 by second tier Reading, Portsmouth
drew 1-1 with Coventry and Birmingham finished 0-0 with
Nottingham Forest.


(AP Photo/Sang Tan)
CHELSEA'S JOE COLE, centre, competes with Watford's Lloyd Doy-
ley, right, and Tom Cleverley yesterday.


IODSCUSS STOIS ON THIS PAG LO NTSW.RIUE4.O


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+


THE TRIBUNE


MONDAY, JANUARY 4, 2010, PAGE 11


LOCALN


Elizabeth MP Malcolm


Adderley set to


FROM page one

Member of Parliament in the
House of Assembly.
"Mr Adderley has indicated
to a friend that he will now
sit in the House of Assembly
as an independent member.
It is most unfortunate that Mr
Adderley made his decision
without discussing it first with
the people who elected him
on two occasions on a PLP
ticket.
"This is nothing short of
blatant disrespect and seen
too often from people who
claim to care about the peo-
ple. Not only did Adderley
not speak with the good peo-
ple of Elizabeth, he refused
invitations to meet with the
leadership of the PLP," Mr
Roberts remarked.
Here Mr Roberts is refer-
ring to a special committee
that had been given the task
of speaking with Mr Adderley
and ascertaining whether
there was any truth in The


Tribune's reports that the MP
was pondering on leaving the
PLP. However after repeat-
ed calls, and failed attempts at
meeting him at his office, the
committee, through its chair-
man, deputy PLP leader
Philip Davis opted to write
the MP instead. However,
according to all reports, this
letter as well went unan-
swered.
While it is understood that
Mr Adderley intends to sav-
age his former party leader in
the House of Assembly on
Wednesday, one of Mr
Adderley's former general's
Lawrence Harrison has
already cried shame on his
party's former representative
for the area.
"It is unfortunate that Mr
Adderley is allowing himself
to be used as a pawn, a mere
political stooge by Prime Min-
ister Hubert Ingraham and
the FNM," Mr Harrison told
The Tribune yesterday.
"As an Elizabeth voter I


am satisfied that Mr Adderley
has lost all credibility with this
move. We do not want to see
him in our constituency
again!" he exclaimed.
With Mr Adderley resign-
ing his seat, the PLP will be
forced to face a by-election
in the Elizabeth constituen-
cy. The last time the country
faced a by-election was in
June of 1997 when Sir Lyn-
den Pindling resigned from
his seat following the FNM's
second consecutive win at the
polls.
This time around, howev-
er, the FNM is expected to
pump significant resources
into the Elizabeth con-
stituency as it is reported that
the party already has a candi-
date in Dr Duane Sands who
was seen campaigning in the
area.
However, on the PLP's side
it has yet to be seen who
would be nominated to carry
the party's banner into the
constituency as there are cur-


Bahamas debt to GDP ratio


highest in 10 to 15 years


rently three persons who have
been reported to have
expressed an interest in the
seat - attorney Ryan Pinder,
attorney Ken Dorsett, and
attorney Craig Butler.
As to the future of Mr
Adderley, it is now expected
that the MP will make his case
before the Judicial Commit-
tee in his attempts to be made
a judge on the Supreme Court
Bench.
For the past few weeks, The
Tribune has published a series
of articles chronicling the
deteriorating relationship
between Mr Adderley and the
leadership of the PLP - in
particular PLP leader Perry
Christie. According to all
accounts, Mr Adderley and
Mr Christie have not had


words in at least the past eight
months.
In fact, when interviewed
by The Tribune last month on
this issue, Mr Christie admit-
ted he has not been in con-
tact with his party's MP for
some time and could only
hope that if he were to leave
the organization he would
have the decency to forewarn
him. According to all
accounts, this forewarning
never came and all attempts
to reach Mr Christie for com-
ment on the matter proved
fruitless.
Mr Adderley's resignation
from the House of Assembly
is expected to take place on
Wednesday when Parliament
reconvenes from its Christ-
mas holiday.


JUNKANOO
FROM page one

Peacock Princess.
The Boxing Day parade
winners, the Valley Boys,
were placed second with
3,835 points. They also
won in the 'Best Music'
and 'Best Costume' cate-
gories.
Coming third were
Roots, followed by One
Family with 3,701 points in
fourth, Music Makers with
3,049 points in fifth and
Prodigal Sons with 2,800
points in sixth.
The 'B' Category was
won by One Love, fol-
lowed by Colours Enter-
tainment in second place
and Redland Soldiers in
third.
Fancy Dancers came
fourth, Kingdom Warriors
fifth, Conquerors for
Christ sixth, and Original
Congos placed seventh.
These results are all still
unofficial at this point.
* SEE PAGES TWO
AND EIGHT


^, Synergy Bahamas


2010 Training Schedule


FROM page one

Bahamas long-term debt from an
'A-' rating to 'BBB+', reflecting
the Bahamas' weakened fiscal
position.
Standard and Poor's (S&P)
said the lowering of the
Bahamas' long-term sovereign
credit rating was directly related
to its "deteriorating fiscal posi-
tion" with the fiscal deficit
increasing as the Government
increases spending on capital
projects to soak up some of the
unemployment, and the national
debt approaching $3.5 to $3.6 bil-
lion.
The downgrade makes it likely
that the Government will have
to pay more to borrow money on
the international market, until such time as
our fiscal profile improves and a rating
upgrade is offered.
Increasing budget deficits have been a com-
mon and expected problem for governments
worldwide during the economic downturn as
more money is borrowed by governments to
keep countries running at the same time as the


FROM page one

camera footage showed Ms
Chhikara going overboard
from the llth deck early
Thursday.
Royal Caribbean said
Bahamian government offi-
cials reviewed the footage and
determined that the woman
jumped overboard.
However, The Tribune was
yesterday unable to deter-
mine which Bahamian
authorities the cruise line is
working with.
Local police said they had
no knowledge of the matter.
Meanwhile in India, Com-
missioner of Police S S Desw-
al has said officers are inves-
tigating claims that Ms
Chhikara had been physically
and mentally tortured for
dowry by her husband and in-
laws, The Times of India
reported.


i


revenue required to pay off that
debt is down because of
depressed economic activity.
Earlier this week it was
revealed that France's public
debt has risen to a new high of 76
per cent of economic output as a
result of that country's "stimu-
lus spending", which it has cred-
ited with helping it to emerge
from the recession.
Nonetheless, Mr Laing reiter-
ated that despite the rise in the
Bahamas debt to GDP ratio -
which sees spending on public
debt taking up a greater and
greater proportion of all money
spent by the government - still
remains enviable in the region,
with only Trinidad and Tobago, a
gas and oil producing country,
enjoying a lower ratio.
According to BBC Caribbean, debt to GDP
ratios in most Caribbean countries are "seri-
ous": St Kitts-Nevis 178 per cent, Jamaica 128
per cent, Antigua and Barbuda 107 per cent,
Barbados 106 per cent, Grenada 87 per cent,
Dominica 86 per cent, Belize 80 per cent, St
Lucia 70 per cent, and St Vincent and the
Grenadines 67 per cent.


FROM page one Mother and sons in custody


Further inquires lead them
outside, where they found an
area of the yard which
appeared to have been recent-
ly tampered with.
The officers excavated the
area and confiscated a box
containing 972 live rounds of
.9mm ammunition.
As a result, a 43-year-old
mother and her two sons,
aged 23 and 15, were taken
into custody. Police are con-
tinuing their investigations.
Also on Saturday, at
around 5pm, officers from the
Northeastern Division acting
on information proceeded to


St James Road, off Kemp
Road, in New Providence.
Officers conducted a
search of a bushy area oppo-
site the Pilgrim Baptist
Church and retrieved a black
and silver .9mm handgun
along with 12 live rounds of
.9mm ammunition. Police do
not have a suspect in custody,
however, investigations con-
tinue.
Two weapons were also
removed from the area last
week by police during sepa-
rate incidents.
According to police, at


around 10.38pm on Wednes-
day a Black Maverick Shot-
gun with seven live rounds of
shotgun shells was found by
police on East Street near Sol-
dier Road.
Hours later, at around
3.58am on Thursday, police
intercepted a Gold Honda
Accord with three men inside
on Cox Way and East Street.
From the car, police retrieved
a black .45mm handgun with
eight live rounds of ammuni-
tion.
The men are assisting
police with their investigation.


India's leading new agency
Press Trust of India reported
that Deputy Commissioner of
Police (West) Rakesh Arya
said that a first information
report (FIR) has been lodged
against the family of the wom-
an's husband under the Indian


Penal Code sections 498-A
(dowry harassment), 323
(beating) and 406 (criminal
breach of trust) on a com-
plaint by Suresh Chhikara,
father of Ms Chhikara and
director of a shipping corpo-
ration.


Shotguns stolen


from Abaco airport

FROM page one

Press liaison officer Sergeant Chrislyn Skippings said the
break-in occurred at around 12.15am and eight shotguns were
stolen.
Shortly after the incident, police searched a bushy area near
the airport and discovered six of the eight missing shotguns.
It is believed the firearms taken from the storeroom are a part
of the airport's security equipment.
Investigations continue.


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Search called off for


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+


T R IB U N E ,,




U S


SS


MONDAY, JANUARY 4, 2010


54CTO Bo uinestibnmdaet:


Colinalmperial


Confidence ForLife


By NEIL HARTNELL
Tribune Business Editor
The electronic communi-
cations sector generates
$500 million or 6.6 per cent
of the Bahamas' per annum
gross domestic product
(GDP), the industry regula-
tor has estimated, with the
Bahamas Telecommunica-
tions Company's (BTC) cel-
lular subscriber numbers
exceeding this nation's pop-
ulation.
That means many
Bahamians have more than
one cell phone and, empha-
sizing the industry's impor-
tance to this nation's $7.564
billion GDP in 2008, the
Utilities Regulatory & Com-
petition Authority (URCA)
said: "Access to high quality
electronic communications
technologies and services at
competitive prices are essen-
tial for GDP growth and
external competitiveness of
Bahamian businesses."
Drawing on data provided
by the International
Telecommunications Union
(ITU), URCA said that in
2008 there were 106 cell
phones per 100 Bahamas
residents. This represented a
slight decline from the previ-
ous year's 112 cell phones
per 100 inhabitants, but nev-
ertheless represented a
major jump from the 10
phones per 100 residents
ratio that existed in 2000.
"Significantly, the
Bahamian public enjoys a
high level of access to elec-
tronic communications tech-
nologies and services,"
URCA said in its draft
three-year strategy and
annual plan for 2009-2010.
"For example, fixed-line
subscription went up mar-
ginally from 38 subscribers
per 100 inhabitants (in 2000)
to 40 subscribers per 100
inhabitants in 2008. Mean-
while, in 2008, mobile cellu-
lar connections exceeded
100 per cent of penetration.
"This rate of mobile cellu-
lar penetration is significant-
ly higher than the world
average (59.73) for 2008, as
reported by the ITU.
Approximately 85 per cent
of mobile cellular sub-
scribers use a prepaid ser-
vice."
International trends were
for cell phone penetration to
exceed 100 per cent in many
countries, and URCA
added: "Despite significant
growth in mobile usage in
the Bahamas, it can be seen
that many countries in the
Atlantic and Caribbean
regions, such as Aruba,
Bermuda and Barbados
have experienced even high-
er levels of mobile take-up."
The ITU data showed that
in Barbados and Antigua &
Barbuda, for example, cellu-
lar phone penetration stood
at 159 per cent and 158 per
cent respectively. For Singa-
pore, the UK and Bermuda,
the penetration rates were
131 per cent, 126 per cent
and 122 per cent respective-


SEE page 9B


Arbitrator determines



Colina dispute payout

* Suggestions James Campbell got 'more than' $12.5m initially eyed,
and possibly up to $14.4m
* Former partners wanted UK Institute chair named arbitrator, or
two Grant Thornton (UK) accountants
* Supreme Court selected KPMG Corporate Finance (Bahamas) chief


By NEIL HARTNELL
Tribune Business Editor
The court-appointed arbi-
trator has determined the
payment James Campbell
should receive for his 45 per
cent stake in the former Col-
ina Financial Group (CFG),
Tribune Business can reveal,
sources familiar with the sit-
uation suggesting he
received "more than" the
$12.5 million initially con-
templated.
This newspaper can reveal
that Simon Townend, head
of KPMG Corporate
Finance (Bahamas), who
was appointed as arbitrator
by the Supreme Court in
April 2009, rendered his
decision on the 'fair market
value' of Mr Campbell's
CFG stake within the last
two months.


It is uncertain how much
Mr Campbell, the former
Colinalmperial Insurance
Company president, will
ultimately receive as all par-
ties connected to the mat-
ter, who were contacted by
Tribune Business prior to
this article's publication,
remained tight-lipped, cit-
ing the arbitration process's
"confidentiality". A message
left on the cell phone of
Anthony Ferguson, CFAL's
president and one of Mr
Campbell's former fellow
CFG shareholders/partners,
was not returned before
press time.
However, one source
close to the situation told
Tribune Business that Mr
Campbell "got $1.9 million
more" than the $12.5 mil-
lion 'fair market value' con-
tained in the July 25, 2005,


consent order that embod-
ied the agreement between
himself and his partners to
settle their dispute.
If true, that would indi-
cate Mr Campbell was
awarded $14.4 million for
his CFG stake by the arbi-
trator. Given that he held
45 per cent, this would value
CFG (now the renamed A.
F. Holdings) at $32 million
at the time he resigned from
the company and its sub-
sidiaries back in 2005, rather
than the $27.8 million valu-
ation stemming from the ini-
tial $12.5 million figure.
Another source intimate-
ly familiar with the dispute
and arbitration proceedings,
who spoke to Tribune Busi-
ness on condition of
anonymity, also indicated
SEE page 4B


By NEIL HARTNELL
Tribune Business Editor
Bahamian healthcare facil-
ities are likely to enter into
joint ventures and partner-
ships with overseas providers
in a bid to develop a medical
tourism sector, the minister
of tourism has indicated, with
the industry targeting prof-
itable niche markets seen as
having long-term sustainabil-
ity.
Vincent Vanderpool-Wal-
lace told Tribune Business
that it was the Bahamian
medical/healthcare industry,
and professional bodies such
as the Medical Association of
the Bahamas (MAB), that
were "very enthusiastic about
developing this" and driving
the effort to position this
nation as a premier medical
tourism destination.
Acknowledging that
providers in the sector were
"very far advanced" in talks
with overseas medical
providers and facilities, Mr
Vanderpool-Wallace hinted
that rather than the latter
entering the Bahamas on their
own, they were more likely
to link up with established
Bahamian-owned companies.
"We're not just talking
about new facilities," the min-
ister confirmed to Tribune
Business, indicating when
asked by this newspaper that
such relationships were more
likely to take on the form of
joint ventures, partnerships
and re-brandings.
"There are two, which I
would not be at liberty to
name, that are very far
advanced in moving that
along," Mr Vanderpool-Wal-
lace added of such relation-
ships. He told Tribune Busi-
ness he and his Ministry of
Tourism team would receive
an update on progress made
in this area by the Bahamian
medical industry at a meeting
this week.
Several clues as to the
potential identity of the
prospective outside partners
have been given already. Ver-
nice Walkine, the Ministry of
Tourism's director-general,
speaking on the minister's
behalf to the recent World
Medical Tourism Congress in
Los Angeles, said: "We pro-
pose to negotiate to bring
established, world-class


healthcare brands like the
Cleveland or Mayo Clinic to
our shores.
"Our desire is to partner
with a premier medical
provider that would be com-
patible with our Bahamian
destination brand, and also
with our Ministry of Health's
standards for providing recog-
SEE page 9B


UBS purchase


to decide Fund


dividend payout


* BISX-listed Bahamas Property Fund assessing
strategy after offer for $22-$23m UBS House
rejected
* Pledges dividend payout similar to 2008
levels, if acquisition does not proceed
* Fund eyes Caribbean expansion in territories
where Fidelity operates
By NEIL HARTNELL
Tribune Business Editor
The Bahamas Property Fund will pay a dividend to
investors early in the New Year if it fails to acquire
UBS House, Tribune Business can reveal, as it remains
keen to expand its high-end commercial property port-
folio in both this nation and the wider Caribbean.
The BISX-listed real estate investment trust (REIT)
told this newspaper that it had bid on UBS's East Bay
Street headquarters prior to Christmas, but its offer
had been rejected by the Swiss bank. It was now assess-
ing whether to re-bid.
"We were actively bidding on the UBS House,"
Michael Anderson, RoyalFidelity Merchant Bank &
Trust's president, and the Fund's administrator, told Tri-
bune Business. However, the Swiss bank had rejected
the offer, "so we're not sure where we're going with that

SEE page 6B



Regulator projects


$1.7m revenue fall


By NEIL HARTNELL
Tribune Business Editor
The newly-formed commu-
nications sector regulator has
projected it will lose $1.7 mil-
lion in revenues as a result of
the new licensing regime,
although its operating budget
is 73.3 per cent larger than its
predecessor.
The Utilities Regulation &
Competition Authority


SEE page 7B


* Communications
sector supervisor
says operating
budget 73% higher
than predecessor,
standing at $5.2m
compared to
$3 million


You have many I druaneAM of ryou as 1 ~~'and ~morniand JIid. iiindas fannoparcni-S.

Lw I CFAL s nancial :idrU I '.qe.'..'�:.rvq ainn d:~I'iun :11~rI1 "Ai1 11 'eI:b yOU loo k fori.d to










Wiest Wisely, Sleep Satundly Live the2 Life You Choose


7Th


Joint ventures likely to

drive medical tourism

Niche markets to be targeted to drive
profitable and sustainable growth







+


PAGE 2B, MONDAY, JANUARY 4, 2010


THE TRIBUNE


'S SBUSINSS*S


By RoyalFidelity
Capital Markets

It was a slow and short
week of trading in the
Bahamian stock market
last week.
Investors traded in two
out of the 24 listed securi-
ties, of which one
advanced and one
remained unchanged.

EQUITY MARKET
A total of 4,084 shares
changed hands, represent-
ing a trading volume
decline of 7,143 shares,
compared to last week's
trading volume of 11,227
shares.
Commonwealth Bank
(CBL) was the lead
advancer, trading 3,880
shares to see its stock close


the week up by $0.24 at $7.
Colina Holdings (CHL)
traded 204 shares, its share
price closing unchanged at
$2.72.

BOND MARKET
There was no activity in
the bond market last week.

COMPANY NEWS:
AML Foods (AML)
released its unaudited
financial statements for the
quarter ended October 31,
2009, reflecting a net prof-
it of $665,000, an increase
of $436,000 compared to
$229,000 for the same peri-
od last year.
Sales decreased from
$23 million to $22.4 mil-
lion during the period, and
as indicated by manage-
ment this was due to the


downturn in the economy
and an increase in compe-
tition.
As a result, gross profit
was also down by $120,000
during the quarter.
However, AML Foods
reported higher net profit
on continuing operations
of
$235,000 or 71 per cent
quarter-over-quarter, due
primarily to lower selling,
general and administrative
expenses and lower inter-
est expenses, which
declined by $222,000 and
$87,000 respectively.
Total assets and liabili-
ties at October 31, 2009,
were $29.2million and
$14.2 million, compared to
$30.6 million and $18.3
million respectively at Jan-
uary 31, 2009.


EQ IY A KE T AINGSAITC


BISX SYMBOL
AML
BBL
BOB
BPF
BSL
BWL
CAB
CBL
CHL
CIB
CWCB
DHS
FAM
FBB
FCC
FCL
FCLB
FIN
ICD
JSJ
PRE


CLOSING PRICE
$1.17
$ 0.63
$ 5.90
$10.74
$10.06
$ 3.15
$ 9.98
$ 7.00
$ 2.72
$ 9.99
$ 2.87
$ 2.55
$ 6.49
$ 2.37
$ 0.27
$ 4.77
$ 1.00
$ 9.28
$ 5.59
$ 9.95
$10.00


WKLY PRICE CHANGE
$-
$-
$-
$-
$-
$-
$-
$0.24
$-
$-
$-0.26
$-
$-
$-
$-
$-
$-
$-
$-
$-
$-


VOLUME YTD PRICE CHANGE


-31.58%
-4.55%
-22.77%
-8.98%
-1.28%
0.00%
-28.87%
0.00%
-3.89%
-4.40%
27.56%
0.00%
-16.79%
0.00%
-10.00%
-7.74%
0.00%
-21.82%
-8.81%
-10.36%
0.00%


�.THE COLLEGE OF THE BAHAMAS
Visi our websile at www.cob.eda.bs




CULINARY & HOSPITALITY MANAGEMENT INSTITUTE,

INDUSTRY TRAINING DEPARTMENT


VPI.KN417Al. MA F J.I{3#�iI'1


SEG rCOl
C':OOK


GECMN
Jan 14


%IC()IKI SP I I'%. ".LUXI2I I-A Z11 IIIII -1111J lNe%"hH I j
ENDS DURATION -DAYS -TIME FEES
Feai.25 b weitj T~rxtIMV Wi gi(un I I7~


Q(imimum ICohikrbg I 1R2 Jan 11 Feb. 22 R V L. inAflh~ f P1WPM j FA 01 MK
CaheG dP43FY COOK 5
~aidne I I 1Hisi Jan. 12 Mar. 9 H �" I iPcSd 9flpcm 13L)O J PHK
(C1C%-K aW
�read Makinwg 1L. ) Jan 14 Mar.41I 8Weeirs TbrdAoy 4-92DO)P Lk

Cjhk4 DCkeckAIirm I 1IPR17 JAbn 11 HiMr.9 jR" h-P~k~fuli~iy D $3Ml2iOIPK
All ieft are irikmided i itik INL 'i* 4med kbih ;mc-P. AudenmlNpuN*i L-ne-jimic ppricufilon fit Of41.40, (N(^% RIFU:'
Appl~icm DnIEi~dliw: JsAnuary 4,201160l40 p~m.


:i I ARET-TAINGSAT


BISX SYMBOL
FBB13
FBB15
FBB17

FBB22



FOREX Rates
Currency
CAD
GBP
EUR

Commodity
Crude Oil
Gold

Index
DJIA
S & P 500
NASDAQ
Nikkei


DESCRIPTION
FBB Series C
Notes Due 2013
FBB Series D
Notes Due 2015
FBB Series A
Notes Due 2017
FBB Series B
Notes Due 2022


VOLUME
0
0
0
0


PAR VALUE
$1,000
$1,000
$1,000
$1,000


INTERNATIONAL MARKETS

Weekly % Change
0.9558 0.32
1.6165 1.31
1.4337 0.71
Commodities
Weekly % Change
79.84 3.10
1,097.10 -0.78
International Stock Market Indexes
Weekly % Change
10,498.56 -0.20
1,122.47 -0.36
2,285.69 -0.10
10,546.44 0.09


IODSCUSS STOIS ON THIS PAG LO NTSW.RIUE4.O


COURSE

Bahamian Cuisine







+


THE TRIBUNE


MONDAY, JANUARY 4, 2010, PAGE 3B


By DEIDRE M. BASTIAN

Why did you decide
to make Graphic
Design a Career? Do we really
choose our careers or do they
choose us? It is an amazing
question. Many people grow up
knowing exactly what they want
to become, while others follow
in the footsteps of family mem-
bers. In my case, my career
path was determined by sheer
fate.
My fascination with Art start-
ed at a tender age. I organized
things and even collected odd
pieces of things. The only thing
I had not collected was taxes!
Truthfully, it was chemistry
right from the start.....we just
connected. I understood it and
felt it deep down. The strange
truth is: Either you are artisti-
cally inclined or you're not.
There is no grey scale, nor it is
willed to us by our fore-fathers
either.You will feel it.
During my early years my
family thought that I was des-
tined to become a school
teacher, and often made the
suggestion, but here I am still
cutting, pasting, importing,
arranging things, but with a lit-
tle more skill and knowledge.
My primary school teacher
recognized I had a keen interest
in the art and encouraged me to
pursue that career path. As I
grew in the field, my techniques
became refined and I taught
myself many short cuts. I also
embraced opportunities of
advancements in many desktop
publishing design schools and
technical workshops locally and
abroad, where I was exposed
to many diverse art forms. As I
became more versatile in the
field, I knew there was no turn-
ing back, Graphic Art was the
career path for me. Bear in
mind, this field mandates you
become a continuous learner,
as technology is always chang-
ing.
How do you define
Graphic Art /design?
It is such a simple word, but
it is everything that surrounds
us. Like a lot of things it is inde-
finable. There is no dividing
line between art and design, in
my opinion. Graphic design has
the capacity to involve larger
areas of interactivity, such as
marketing, branding, enter-
tainment and communication.
However, I see art design in
many forms that reflect beauty
and reality. Everything is art
and anything can be art; it's in
the eye of the beholder. What is
art to me might be garbage to
someone else, and vice versa.
Believe it or not, we are all
designers in our own unique
way. My belief is that God cre-
ated this beautiful world, and
as a Graphic Artist, I will try
my best to manifest the gift he
has given me through expres-
sions of arts and letters.
What is the hardest
thing about the industry?
Being told by a client that
they don't like what you've
done. And then, even if the
client likes the ideas, the best
idea often doesn't make it.
Also, a client that can't seem
to make up their mind. You
really have to exercise a lot of
patience, because let's assume
that you are designing for a cus-
tomer that wants to play it safe,
yet you want to be innovative.
I suggest you listen to their
needs even if you do not agree,
and try to guide them to the
middle so that everyone is left
happy. Be a good listener and
understand customers' requests.
Rely on your instincts to know


Why this career was


THE A T.O.


when they are truly happy.
Despite the overwhelming
moments, being a graphic
designer is relaxing and it's a
soothing state of manifesting a
piece of my inner self. It gives
me the opportunity to deliver
information in a way text
description cannot.
What is the best
part about my job?
Obviously, the feeling of hav-
ing done a good job. I love the
variety it offers; packaging,
websites, newsletters, market-
ing, print ads, banners, presen-
tations, branding a new prod-
uct, corporate literature, viral
videos. You name it.
I also enjoy the interactivity
with the customers. I love being
able to help customers fulfill
their aspirations by successful-
ly communicating the compa-
ny's services, product or mes-
sage. My biggest thrill is hav-


Iih Ih I 1 .1! ,! In,1 ,1 h I i hIII II I ,I
ldCct La ldllillln ltL d asiilc .
Once you have identified your
career path you would not have
to work another day!! .....Well,
so I am told.
What suggestions would
I give new designers?
If you do print, do web. If
you do web, do print. If you do
print and web, do animation
and movies. Explore things you
aren't already doing. Splash and
don't be afraid to take a risk.
Just remember there are
designers and there are people
who have a copy of Photoshop.
Not exactly the same thing.
If you do get into it, be a
thoughtful, disciplined designer,
and you will go far. Get all of
the fundamentals down because
design is not just about the lat-
est software. Don't ever think
you've made anything perfect
that can't be improved
upon.But at the same time
you've got to know when to


Legal Notice

NOTICE


MANCINI ENTERPRISES LTD.
IN VOLUNTARY LIQUIDATION

Notice is hereby given that in accordance with section 137 of the
International Business Companies Act 2000 MANCINI
ENTERPRISES LTD. is in dissolution.

The Date of the Commencement of dissolution was 24th
December 2009. David Thain of Arner Bank & Trust (Bahamas) Ltd.,
Building 2 Caves Village, PO. Box N-3917 is the Liquidator of
MANCINI ENTERPRISES LTD. All persons having claims against
the above-named company are required to send their address and
particulars of their debts to the Liquidator before the 24th January 2010.




jf/t---- -.



Legal Notice

NOTICE


WINCHESTER HOLDINGS LTD.
IN VOLUNTARY LIQUIDATION

Notice is hereby given that in accordance with section 137 of the
International Business Companies Act 2000 WINCHESTER
HOLDINGS LTD. is in dissolution.

The Date of the Commencement of dissolution was 24th
December 2009. David Thain of Arner Bank & Trust (Bahamas) Ltd.,
Building 2 Caves Village, PO. Box N-3917 is the Liquidator of
WINCHESTER HOLDINGS LTD. All persons having claims against
the above-named company are required to send their address and
particulars of their debts to the Liquidator before the 24th January 2010.


./'"

-- ____
l^ " ______________


stop doing something, when
what seemed like a good idea
proves not to be.
Today's graphic artists are
becoming very futuristic and
innovative. You can make it,
but you will have to persevere.
Be certain this is what you want
to do and magnify your gift and
inner strength. Look around to
see what your competitors are
doing; identify people or com-
panies that are a little bit better
than you are and try to get
where they are. Caution: Don't
be envious; remain human and
respectful. You can live as an
artist as long as you know
where to make noise and
shamelessly promote yourself.
Learn anything that anyone
will teach you, be versatile.


right j
Knowledge is Power. For exam-
ple, say you're working as a
production artist and you are
able to learn about the pre-
press process. Embrace the
opportunity. Industries are
always seeking a new image to
present and a story to tell.
Observe the evolving industry
such as: packaging boxes,
books, bus stop signs, maga-
zines, schedules, menus, church
hymnals, flyers, websites etc
What is something you
wish other designers
would understand?
Don't see the client as the
enemy. A friend once said
that design would be a great
job if it wasn't for clients. I
disagree; it wouldn't be much


for me
of a job if it wasn't for clients.
Good Advice: If you are a
freelancer and still game, let
your client choose from a
menu of options. Present your
recommendations in a clear
and coherent manner: the
lowest cost, fastest completion
time and highest quality. Lay
out the costs and the benefits
of each. Be passionate about
your ideas and don't be afraid
to speak your mind. Be hon-
est and frank. Keep your
clients involved in the deci-
sion-making process. Let your
clients make the final choice.
When your client owns the
decision, they're invested in
its success. So be sure to have
fun and stay on top of your
game!


The Board of Directors and the Alumni Association
of St. Augustine's College congratulate the staff
and students on their successes in 2009


Academic Achievements


B.G.C.S.E. 2009
Total passes grade "C" or better - 90.4%
Subjects with passes (A to C) over 90%
Chemistry, Combined Science, English Language, Geography,
Spanish, French, History, Commerce & Economics
Subjects with passes (A to C) over 80%
Art, Biology, Food & Nutrition, Literature,
Mathematics & Physics


B. J. C. 2009
Total passes grade "C" or better - 94.5%


Royal School of Music Theory Examination
Grade of Pass (above 70%) or better - 94.5% students


Achievements - Sports
2009 B. A. L S. S. Track & Field Champions
2009 National High School Track & Field Division
Titles - Under 15 Girls & Boys,
Under 17 Girls & Boys, Under 20 Girls
2009 BAISS Senior Girls Basketball Champions
2009 BAISS Senior Girls Volleyball Champions
2009 BAISS Junior Girls Softball Champions
2009 BAISS Junior Boys Softball Champions
2009 BAISS Senior Girls Softball Champions


Other Achievements
2009 Bahamas National &
BAISS Spelling Bee Champion - Abeni Deveaux


2009 IBS Build-A-Bridge Champions


.. . . ., .,^ .^ ..,...., . ^ ^S^ j n y


i mE


ITDISCS TRE NTIS PAG LOG N0TO WW.TIBUE22CO0


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BUSINESS I


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+


PAGE 4B, MONDAY, JANUARY 4, 2010


THE TRIBUNE


Arbitrator determines





Colina dispute payout


FROM page 1B
that Mr Campbell had been
awarded "more than" $12.5
million. While unwilling to
discuss the actual amount,
the source indicated that the
$14.4 million figure was
close to the true figure.

Dispute
The arbitrator's decision
is likely to end the more
than four-year dispute
between Mr Campbell and
his former business partners,
attorney Emanuel Alexiou
and Mr Ferguson, which
erupted in March 2005 and
ended with the latter two
agreeing to buy-out the for-
mer insurance company
head's stake.
Given that Mr Alexiou
also held a 45 per cent stake,
and Mr Ferguson the
remaining 10 per cent, if the
$14.4 million award to Mr
Campbell is correct, the for-
mer's equity interest in the
then-CFG would also have
been $14.4 million back in
2005, with the latter's inter-
est worth $3.2 million.
Justice Neville Adderley
appointed Mr Townend as


arbitrator on April 23, 2009,
after the three accountants
hired by the former CFG
partners were unable to
agree upon a 'fair market
value' for Mr Campbell's
shares.
Graham Garner had acted
for Mr Alexiou, former
PricewaterhouseCoopers
managing partner, Ishmael
Lightbourne, for Mr Camp-
bell, and Baker Tilly Gomez
partner, Craig A. Gomez,
for Mr Ferguson.
Then, the attorneys rep-
resenting the three parties
were unable to agree who
the arbitrator should be.
Philip Davis, the PLP MP
for Cat Island, was repre-
senting Mr Campbell; Colin
Callender, Callender's &
Co's managing partner, act-
ed for Mr Alexiou; and John
Wilson, partner at McKin-
ney, Bancroft & Hughes, for
Mr Ferguson.
"The experts [the accoun-
tants] were unable to agree
the question of the fair mar-
ket value, and it fell to coun-
sel to agree on a single arbi-
trator to do so," Justice
Adderley recorded. "Coun-
sel have been unable to
agree on the appointment
of a single arbitrator."


Wholesaler,"Retailer Iocaled'in Nassau seeks







71w candidate wiHl oin our HJead Officeteam and
tai'e respor) 5ibrifiy for variwsi admiriti4~traiiv'e duties
to en iore the efficient functioning oft he Head Offic.
These duties wM11 include overseeing and organizing
oil filing, completing whojewie orders~, maeiinq
inventory ofoffice and store supplies.
correspondence with cb'5tomers. pwty cash as well
as s~si~rngwith trhe occ uns depxartrmne.

The candidate should demonstrate the following:
* Computzer Ltrc
V(icdudiirig Mictosoaft X P. M5 Wexd, Exc~eland
Outlook, the internet, social network ng sites)
* Good Wvkten Commuicnation Skills
(letters, iai Is, internalI communications)
* Conpetancy In~ Raslck Math
* Custaom. Focus
'MAUtivated and Willing To Learn New Skills
-*7eam Player
"aie


J.S. Johnson & Company Limited hereby notifies all
of its shareholders that based on unaudited results
for the quarter ended December 31, 2009, the
Board of Directors has declared an interim
dividend of sixteen cents (16f) per ordinary share
to be paid on January 18, 2010 to all shareholders
of record as of January 11, 2010.



POSITIONS AVAILABLE
We are a diverse group of companies and opportunities
exist for the right persons. All applicants should pos-
sess, at a minimum, good passes in Maths & English,
basic computer skills and knowledge of Microsoft Of-
fice; excellent communication and organizational skills
and an outgoing and pleasant personality. The positions
available are:
OFFICE MANAGER * JUNIOR CLERK
GRAPHIC DESIGNER * SALESPERSON
Fax or e-mail your resume & cover letter to 356-6135 or
jobs@theservicegroup.com by January 8, 2010. No calls
please! We regret that only applicants selected for an
interview will be contacted.


G roup2,~


Members:
DTP Services, Image Printing
Healthy Living & Ductless Systems
www.theservicegroup.com
www.healthylivingbahamas.com
www.ductlessunits.com


Hepson Pharmacy






January Course 2010

$50.00 per Session this month


Register Early Call 356-4860
Space is limited to candidates
Px


Messrs Alexiou and Fer-
guson had argued that in
correspondence between
their side and Mr Campbell,
it had been agreed that they
would ask the chairman of
the Institute of Chartered
Accountants of England and
Wales to nominate the arbi-
trator.

Dormant
Yet Mr Campbell argued
that this prospect had been
raised in negotiations only,
"which lay dormant for over
a year between December
2006 and June 2008, and
were only revived at that
time after counsel for the
plaintiff, by letter dated May
29, 2008, raised the prospect
of going to court to resolve
the matter".
In turn, Messrs Alexiou
and Ferguson applied to the
Supreme Court to order that
the Institute's chairman "be
invited to nominate a single
arbitrator", or alternatively
that it appoint either Mike
Thornton or Will Davies, of
Grant Thornton (UK), as
arbitrators.
However, Justice Adder-
ley said the Supreme Court


should not delegate its
authority to the Institute's
chairman and, based on the
suggested candidates before
him, selected Mr Townend.
Since then, CFG's (now
A. F. Holdings) value is like-
ly to have increased further,
given that the financial ser-
vices conglomerate it owns
has further expanded.
Its main asset is the major-
ity stake in BISX-listed Col-
ina Holdings (Bahamas),
which owns the largest life
and health insurance com-
pany in the Bahamas, and
has seen its financial perfor-
mance start to improve
despite the recession.
Other group assets
include CFAL, the bro-
ker/dealer and investment
advisory unit, Colina Gen-
eral Insurance Agency and
offshore bank, Sentinel
Bank & Trust.
The latter has grown sub-
stantially through its merger
with A. F. Holdings' latest
acquisition, Ansbacher
(Bahamas).
A. F. Holdings' other
assets also include its sub-
stantial media holdings in
the shape of the Nassau
Guardian and Star FM.


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returns
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Interest app icat anfrar hireu e


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AND DERELICT BUILDINGS



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IODSCUSS STOIS ON THIS PAG LO NTSW.RIUE4.O


* -S , J OHJR NSOAG NT~&RK


I PUBLIC NOTICE ]







+>


PAGE 6B, MONDAY, JANUARY 4, 2010


THE TRIBUNE


UBS purchase to decide Fund dividend payout


FROM page 1B

and whether we'll re-bid".
Mr Anderson explained
that the Bahamas Property
Fund, which operates as a
mutual fund, pooling investor
funds to target and acquire
top-grade
commercial properties, had
decided not to pay its normal
year-end dividend for 2009 in


a bid to conserve capital and
cash flow for the potential
UBS House deal.
"We decided not to pay a
dividend at the end of June
[2009] because we were try-
ing to buy Providence House,
and at the end of December
we were trying to buy UBS
House," he said. "Depending
on whether the deal goes
ahead or not, we're looking


to pay a dividend next year
[2010] if we don't go through
with the acquisition."
If a dividend is paid, Mr
Anderson said: "It will be rel-
atively consistent with where
we were in the prior year. It
will be similar to what we did
in 2008."

Market

Tribune Business revealed
pre-Christmas that UBS
House, and the newly-con-
structed property immediate-
ly to its rear, had been placed
on the market. Swiss-owned
UBS (Bahamas) is seeking a
purchase price of between
$22-$23 million, with plans to
then lease back UBS House
for an initial period of five
years.
Bahamas Realty is the
agent marketing UBS House
for sale, and the owners have
already had some success in
locating tenants for the rear
property, in the shape of new-
ly-created communications
sector regulator, the Utilities
Regulation & Competition
Authority (URCA).
If it is successful, UBS
House would mark the fourth
property to be acquired by
the Bahamas Property Fund.
"We continue to look," Mr
Anderson said, adding that
the BISX-listed REIT was
interested in any high-end,
unique standalone commer-
cial property that became
available.
"If something else comes
on to the market, we're keen
to look at it," he told Tribune
Business. "We're not only
looking at places in the
Bahamas, but in places like
the Cayman Islands, depend-
ing on what opportunities we
come across in other islands
where we operate."
Mr Anderson was speaking
after the Bahamas Property
Fund unveiled a 5.4 per cent
net income increase for the
first nine months in 2009, as
the bottom line rose from
$1.518 million the prior year
to $1.601 million this time
around.


Top-line growth was rela-
tively anemic, with rental rev-
enues increasing by less than 1
per cent to $3.023 million,
compared to $2.998 million
for the nine months to Sep-
tember 30, 2008. Total rev-
enues were only up by 1.4 per
cent as a result, standing at
$3.05 million compared to just
over $3 million for the 2008
comparative period.
However, operating
expenses fell by 5.7 per cent
year-over-year for the first
nine months, from $1.405 mil-
lion in 2008 to $1.324 million.
And this was despite the
Bahamas Property Fund
incurring $58,333 in prefer-
ence share dividends for the
first time in the 2009 third
quarter, as a result of the
Providence House purchase.
The headquarters building
for PricewaterhouseCoopers
(Bahamas) was set to be cash
flow neutral for several years,
Mr Anderson explaining that
the $3.5 million purchase had
been financed with preference
shares. These paid a 10 per
cent yield, or $350,000 per
year, to their investors, while
Providence House also gen-
erated a "cash-on-cash yield"
of 10 per cent, generating
$350,000 real income or an
equal amount for the
Bahamas Property Fund.
"We're looking at it long-
term," Mr Anderson added,
"and when the lease is
renewed in a couple of years'
time, the rates are likely to
go up. The market will be a
bit better, and the rates will
push up as the economy
recovers."
Mr Anderson said the
Bahamas Property Fund had
not seen any increase in
vacancies at its two longest-
owned properties, the
Bahamas Financial Centre in
downtown Nassau and One
Marina Drive on Paradise
Island.
While the Fund had not
been able to fill the space
vacated by a major tenant in
2008, "we haven't seen any
further reductions in occu-
pancy" at the Bahamas Finan-


"We see ourselves
being an attractive
opportunity for
people looking to
really expand their
business, and
needing the extra
capacity and ameni-
ties we provide at a
reasonable rate."


cial Centre. That has left
some 16,000 square feet out of
the property's total 100,000
square feet still seeking a ten-
ant.
"One Marina Drive
remains fully tenanted apart
from 1,000 square feet," Mr
Anderson added. "By and
large, we're doing OK." He
added that the Bahamas
Property Fund had benefited
from its two major properties
having large numbers of long-
term, deep pocketed tenants,
especially the likes of inter-
national banks.

Investments

Pointing to the significant
investments made by the
Bahamas Property Fund in
upgrading the common areas,
electrical equipment and
redundancy systems at the
Bahamas Financial Centre,
Mr Anderson said: "We think
the economy will recover in
2010.
"We see ourselves being an
attractive opportunity for
people looking to really


expand their business, and
needing the extra capacity
and amenities we provide at a
reasonable rate.
"Our rents are attractive
compared to some of the new
buildings coming on stream,
because their costs of con-
struction were so much high-
er due to the rise in building
materials prices. Our rental
rates are very reasonable
compared to some of the new
properties."
Mr Anderson said the
Bahamas' likely move on to
the Organisation for Eco-
nomic Co-Operation and
Development's (OECD)
'white list' would potentially
benefit the Bahamas Finan-
cial Centre by attracting
renewed interest in this juris-
diction from the international
banking community.
He explained that escaping
the OECD's 'grey list' was
likely to generate "renewed
faith in the Bahamas as a
jurisdiction, so we're hoping
the economy and the
Bahamas will be seen as a
place by investors to do busi-
ness, and more people will
come down and take up
space.
"There's a lot of space out
there, but not a lot of high-
end space. We think we've
got the best-priced space
available for people looking
for a prime piece of space. It
would suit someone looking
to expand and grow their
business, or new entrants
looking for space. It [the
Bahamas Financial Centre]
really is one of the best loca-
tions in town."


Wholesa le r/eta iler located in Na55a u see ks




The candidde LORY work cdongsikk the senior matciieer~rin
teamn at ourhead offie, asistir nq a va ~riety of are~a s xh

H&v basic bookA eng and orios oadministrative duie~is
such as fiing and otgan~.w'tion. Muich of th abve i'f( be
office aidcornputEr-ased.

The candidate should have the following skills:
General computer skills (Microsoft XP, internet. social
n ul wurkirng iLwbieb -)
Strong knowledge of Microsoft Office Wo rd, Excel,
Outlook)
Familiarity with basic bcookke'ping concepts
particularlyy ALLOunts Pdyab11 ai d nrbdeivoijiel


The candidate should have experience of office
administf atim S pecifi -,retailwholesale, HR or
bookkewpi'g not essential buit benef~ciji. Additionally,
the candidare mnust bewplI-qmkik-n.highly Lorr'ni�M~
and professionalI and have a current driver's Ilicense and
t~hei r own transportation.

ApplI~Caton% art to Ind ude- ALcenr pu ip rp r rEtd
passport photo, two references, resume, covering letter
stating vwh~pre/Iiow specific -X e~piernce was ga ined in
(il Microsoft Ofc)I-'c Wu~rrj, Fx~l)ij Any Ibvokk-cpiri9
concepts hii) other software peocyqams �'ou are
expel ieiwed / familiar with.


K ude Tstinal
Mfl~w-wrnumf1 learnmfi~ng ofras- A:om~ SuI

I iirw Rr ~ ~r l rin(g Ba amap~-spIaLm iFAvrn


I friiid wnk v� rirnijdy rLrho �.A p~
t iri* Fri i h L pr Iwa h 'ri ri vqi-di I d- .� ,� % i
PhI Iul 1 11ypirt l j,.kIIm~ ,
h tv 'It kL, t Ilirr rn d KIUI an I


ri.I nreoimelin *


-1 4,.1 ILIy nd i- v
ill *P


Lowstdycots fexbl






pamnt tatfrma
lo sU$7


Pinance, Bankding
" U riiv"Ity of SondleJ antd - IIA (I-ons)
lu-sunmss & Mainagemen~t 'IMP UP), S
(Hons) Accountancy & FloanclaI
Management (tap up)
" Mksvies~ity or Deftv - BOR lomsf
Ilisvtholovy kcammencing January 20101
" Lhuveir sit or TeessidJ* - LL9, BSC i HoriSI
Austiness tCamputing: wp up)
" s1,irrni~d HIiaryk Ufk'IytrKV - BS& , -'Hu!,


" Higher PMariana! Diploma (entry to top up
Degrees through 2-year HNDW in Busniness
and Management, mntgamation
Tecuinakogy, Travel anid TowI~sm,
MarkouIIIg.Finance



41 MILA - University of Btradford (,AVIIBA.
EQUIS itcredIIt), Unli~vrsii~ or
Sunderland, Uni~versity of Wales
" MSC Ow Public Aominiratior 4
DevelopeneiI - UnIivers~y of Birmingham
" MSc Mwkektqi & Marnagemermt - Uies
o~f Bradford tcoxnmencuing January RI1O)
" M5.t FindriIt AeCCOUMEIflO & Mmagemetnit -
Un~'versilry af (commenrcuing Januairy 201 D�
" MS.L Informition Tedft.~ogy- Net
of Ttes side
" NISe Telecommuniratioms - Birmingham
C~ity University
" MSc international Hospitality PManagement
- 5110tIGd Haillrin lUnIvqrrsry
" Diplorrme in Managemuenit - University oF
Wat~s (pce-MM tfixr 'o-dograo* hIoflem
" Certificzte Iin Mariagerment
- LhnIfi ff;vrIy O 416


IT


NOTICE is hereby given that CHANEL VALCIN of MINNIE
STREET AND BALFOUR AVENUE, P.O. BOX N-8693,
NASSAU, BAHAMAS, is applying to the Minister responsible
for Nationality and Citizenship, for registration/naturalization as
a citizen of The Bahamas, and that any person who knows any
reason why registration/naturalization should not be granted,
should send a written and signed statement of the facts within
twenty-eight days from the 4th day of January, 2009 to the
Minister responsible for nationality and Citizenship, P.O. Box
N-7147, Nassau, Bahamas.


THE tSIDiNCES AT





PARADISE ISLAND. BAHAMAS

A CONDOMINIUM HOTL NYTow



Is seeking applicants for





SALES



ASSOCIATE




REQUIREMENTS



* Ability to interact with affluent clientele

* Excellent verbal and written English skills

* Excellent organizational and follow-up skills

* Successful experience in direct sales and customer service

* Professional in both dress and demeanor

* Good knowledge of US Real Estate Market

* Ability to effectively process Reservation

Agreement/Contracts

* Prolicicni in Microsoft Office

* Ability to work flexible schedule



Interested applicants must submit applications to

www.atlantispijobs.com









+


THE TRIBUNE


MONDAY, JANUARY 4, 2010, PAGE 7B


- [ _ 1


Regulator


projects


$1.7 million


revenue fall



FROM page 1B

(URCA), in its recently-pub-
lished draft three-year strate-
gy and annual plan for 2009-
2010, said revenue inflows
would be negatively impacted
because many activities
licensed by its predecessor,
the Public Utilities Commis-
sion (PUC), were now either
non-licensable or exempt
from this procedure.
"Activities that are licence
exempt or non-licensable
under the Communications
Act will not attract fees," the
URCA report said. "Overall,
the impact of these changes
on the inflow of funds to
URCA will be negative,
resulting in a projected funds
inflow loss of approximately
$1.7 million."
Another source of rev-
enue loss comes from the
fact that spectrum and
radiocommunications
licence fees, generated and
collected on the old PUC's
behalf by the Bahamas Mar-
itime Authority (BMA), will
under the new Act be paid
directly to the Public Trea-
sury, not URCA.
To compensate, URCA
has increased the fees elec-
tronic communications
providers and operators
must pay. This also reflects
the fact that URCA's first
full financial year will be 16
months, not 12, since it only
came into being on Septem-
ber 1, 2009.
"The increase in fees
reflects the increase in work-
load, especially in year one,
as URCA carries out its
functions under the Com-
munications Act to imple-
ment a more robust regula-
tory regime to overcome
many legacy issues," the
URCA document said.
"URCA believes that effec-
tive regulation requires bet-
ter advise and up-skilling of
staff, As such, the training
budget has been increased.
The advisory costs of profes-
sional services and consultants
(including knowledge trans-
fer) have been bolstered."
The bottom line effect of
this is that URCA's operat-
ing budget has increased
substantially compared to
the PUC's, and is 73.3 per
cent greater for comparable
13-month periods.
"The URCA budget is
substantially different than
the PUC's," the newly-creat-
ed regulator said. "For
example, the PUC total
operating expenditure for
the 13-month period July 1,
2008, to July 31, 2009, which
was the last set of accounts
for the PUC, was just over
$3 million. In contrast, a
similar 13-month budget for
URCA approximates to $5.2
million."
URCA's strategy docu-
ment showed that for its first
16 months it will have a
$6.481 million operating
budget, some 63 per cent -
over $3.6 million - of which
will consist of staff costs and
consultancy fees. On a 12-
month basis, the regulator's
operating budget would
have been $4.776 million.
Justifying the budget
increase on the grounds of
its increased responsibilities
and desire to be a more
effective regulator than the
PUC, URCA said staff costs
- salaries and benefits -
would account for $1.965
million or 30 per cent of its
first operating budget.
Acknowledging that pro-
fessional services, at 33 per
cent, accounted for a "signif-
icant portion" of URCA's
first operating budget, the
regulator explained: "As a
new regulatory agency with
additional responsibilities,
including broadcasting and
competition powers, URCA
needs expertise and assis-
tance in the new areas.
"The expertise and assis-
tance will be achieved, in


part, through the use of con-
sultants from whom URCA
will benefit from interna-
tional best practice."
URCA added that it
would focus on data collec-
tion efforts during its first
year, noting that it was diffi-
cult to evaluate its own per-
formance because "very lit-
tle data was collected by the
PUC".


M1 PROPERTIES LISTED FOR SALE
Contact Account Officer listed below by using number code for each property.

^^^^^^ iiSmgmmAI�,RIM-.''l')Mtm:miumiIAi.UfciniLD^^NCS


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COMIMERCIAL ReLIfCCENIWE
'I'l: 212-M&P6-115&9

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1.11111 Mr-t LhPhipnn;jL~ii i-vrt
18111 %,. 1 %k lm [.-~iL Gudiu hmr
FAt3IWALJE SHOPPING CENTRE

M4-II62-3ISW
"I I I MrIkuNJ$, Pn
(2021 Mrs Ana 'ajulr


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KVSAU MAIN BIWANC4

o:11: Mr lamrs"ttahan

N~~ i-.. I .,.a .CIxI~II 1,)I
MIACAMY STREET BRANCH
Thi: rii-ihnniIiigh
JOHN F., KENNEDY DEU'IE BRANCH


i4:'sL2: \I s Ch~jidra Gibm
MRNUCE HARLES SHOPPSING CENTRE


MVl r, It% 2ij!hi Lo'.nl
1,5o'5� Ml'. Pair" Ruw&flu'
CABLE BEACH BRANCH
Tel: 242-127-61ri77
14w, Mrs Winniflhted FRAbii'
LOA&N COLLEBMON CENTRE
Te:1 4 2-'~',1`m:2-s 1 '4i'Q 5 m-hI
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lull: 242.177i-71] 79
(433)I V u rc. Niih,''TI(1;111- Ic
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ILI 242- 4*1 r 4'2.Ah:'.4C1 (
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Vui 242� i-fl2-2Eansii
HARBOUR IISLAND BRANCH

(401t) MtVk.Wdurihuu Liurjxk
AN. DRO0STMOWN BRANCH
Tl: 242-l2CI
(41H1h%1-"At(.vpnxtinn'u'1'iririnni
MIARSHI FERHUJIRAEALIJ

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OFFICERS


I







+


THE TRIBUNE


MONDAY, JANUARY 4, 2010, PAGE 9B


Communications sector generates up to 6.6% of GDP


FROM page 1B

As for broadband Internet
services, URCA described
their availability at competi-
tive prices as being "integral
to a services-based economy
such as the Bahamas". Due
to the competition between
Cable Bahamas and BTC, the
regulator described this sec-
tor as "one of the most liber-
alized markets in the


Bahamas", albeit heavily con-
centrated.
It added: "There are sever-
al niche operators of Internet
services. However, informa-
tion available to URCA sug-
gests that these operators
account for less than 5 per
cent of total Internet sub-
scribership."
Bahamian broadband pen-
etration rates now stood at
16.54 per cent, meaning close
to 17 connections per 100


inhabitants. This had grown
from just 6.19 per cent in 2002
and 13.18 per cent in 2005,
and compared relatively
favourably with other coun-
tries.
Yet Barbados has a broad-
band Internet penetration
rate of 64.81 per cent, and
Bermuda 52.47 per cent, indi-
cating the Bahamas has some
way to go to catch several
Caribbean neighbours. Cana-
da and the US have broad-


band connection rates of 29.59
and 23.46 per 100 inhabitants
respectively.
Pay TV penetration rates
in the Bahamas stood at 22.5
per 100 inhabitants in 2008,
up from 18.1 per cent in 2003
and 21.3 per cent in 2005.
URCA added: "Although
no formal survey of electron-
ic communications users exists
today, and URCA is planning
to address this as part of its
annual plan, anecdotal evi-


dence suggests that con-
sumers are dissatisfied with
the level of consumer care
and service quality received
from major service providers.
"This includes consumer
concerns about price levels,
service reach, quality and flex-
ibility of service offerings."
URCA said its next annual
plan, to be developed for
2011, would look at broader
issues, including "the acceler-
ation of e-commerce and ICT


services, and further promo-
tion of state-of-the-art net-
works and services that
enhance national productivity
and competitiveness". It
added: "The Bahamas is one
of the leaders in financial ser-
vices and tourism, and the
strength of its Information
and Communications Tech-
nology (ICT) sector is critical
to maintaining this position
in a globalised economy."


Joint ventures likely to


drive medical tourism


FROM page 1B

nised, reputable and proven procedures in
treatment."
Meanwhile, Mr Vanderpool-Wallace said
that to establish the Bahamas as a leading
medical tourism destination, it was not suffi-
cient just to "open up the doors" and let the
world know this nation was open for business.
While the Ministry of Tourism had obtained
huge amounts of information on the global
medical tourism industry, and received much
advice from the Ministry of Health, Bahamian
professionals and medical bodies, the precise
economic benefits the sector might bring to this
nation depended on the markets it ultimately
targeted.
Those who travelled overseas for medical
care, Mr Vanderpool-Wallace told Tribune
Business, were "looking for specific treatment
in specific areas, and a specific level of confi-
dence".
"It's a matter of specializing in something
that will be of great interest to those markets
likely to come to us," the minister explained,
suggesting that the medical tourism push would
look to emulate the likes of financial service in
focusing on particular niches.
"We are trying to define those areas pre-
cisely, and see what we need to do to become
effective in those areas.... A key piece of it is
the degree to which a particular niche is sus-
tainable. We don't want to enter something
that is desired today, and then find we become
an also ran tomorrow."
Describing the development of a legislative,
policy and investment incentives framework
for Bahamian medical tourism as "a work in
progress", Mr Vanderpool-Wallace said: "We
have a lot of stuff in draft form, but have not
finalised anything because we want to make
sure we go into areas where we have a com-
parative advantage," he explained. "I think


it's going to move along quite rapidly, and
based on the progress we've made so far, I'm
quite confident."
The minister acknowledged that develop-
ing medical tourism would help to diversify
the Bahamian tourism industry and the wider
economy, further reducing the former's
reliance on 'sun, sand and sea' to attract visi-
tors - an area where it faces competition with
hundreds of countries.
"The environment is the canvas on which
this thing [tourism] is painted," Mr Vander-
pool-Wallace said.
There is certainly a sizeable medical tourism
market for the Bahamas to tap into. In 2007,
some 750,000 Americans travelled abroad for
overseas medical services, spending $2.1 bil-
lion. By this year, the former number is expect-
ed to swell to six million.
Ms Walkine, in her address, said the
Bahamas had already enjoyed some medial
tourism success despite the absence of a poli-
cy framework, pointing to the availability of
high intensity focused ultrasound (HIFU)
prostate cancer treatment.
"Already actively available in Canada, Mex-
ico, Argentina, Brazil, India and the Domini-
can Republic, it became available in the
Bahamas in 2008," Ms Walkine said. "An aver-
age of 15 patients per month travel to the
Bahamas for treatment, staying for five days,
and bringing along family members due to the
convenience and affordability.
"This may be a relatively small example,
but a potentially potent one, poised for expo-
nential growth."
Doctors Hospital was also set to be accred-
ited by Joint Commission International (JCI),
"establishing it as a facility with exceptionally
high standards, and as part of a high-quality
network offering highly-skilled doctors, state-
of-the-art equipment and innovative treat-
ment".


fmw .WnvuUIkwal'.%hmAI of~ im
K.UM'ED]ig


St Andrew's School
Home of the "Huicanes"



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Visit Us Online At:
www.st-andrews.com


TODSUSSORE NTI PAE LOGO OWWTIUE4.O


T1~7


BIE Bank & Trust Bahamas Ltd.
Is seeking the services of a
SENIOR TRUST OFFICER

The successful applicant will assist in providing supervisory support to the Trust
Manager of the Fiduciary Department.
Key Responsibilities
* Maintain professional administration of high net worth Fiduciary accounts.
* Liaise with clients and their advisors in the establishment of new Fiduciary
structures and the ongoing management and administration of existing
structures.
* Meet clients' needs in a timeley, professional manner.
* Review existing accounts to assure the administration is conforming to the
terms of the instrument and that client expectations are met.
* Contribute towards operational strategies, financial planning and bank
policies and procedures.
* Ensure compliance with in-house procedures and relevant legislation with a
view to minimizing risks.
* Develop and implement training related to Fiduciary account administration
matters.

Qualifications and Experience:
* Relevant professional qualification such as STEP, LLB or advance degree.
* Comprehensive knowledge of fiduciary law and estate planning.
* Minimum of 5-10 years of successful experience in managing fiduciary
relationships with high net worth clients (or equivalent).
* Proficiency in MS Office Suite (Word, Excel).
* Excellent interpersonal and communication skills.
* Comprehensive knowledge of due diligence requirements and anti-money
laundering legislation and regulatory provisions of the Bahamas.
* Detail-oriented, problem solving, analytical and organizational skills.
* Working knowledge of The Bahamas legislation and regulations and their
relationship to trust and corporate policies and procedures.
* Portuguese or Spanish language a plus, but not required.

Salary will commensurate with qualifications and experience.

Interested applicants meeting the above qualifications should submit a recent
resume by January 5th, 2010 to:
Human Resources
P.O. Box N-3990
1st Floor, Charlotte House
Nassau, Bahamas
Fax: 242-328-2750


ATI"LANTIS
PARADISE ISLAND. BAHAMAS





SENIOR SYSTEMS ANALYST-PEOPLESOFT


The Senior Symems Anad'~s! will meet with end users to define needs for
development.L projeuiN'(itrsysitem enhantxmerLs of nudium 1to high ictnnplexity
for Pe(pIcsoft siaftware for Aflanris, Pliradi Island.TTheSenior Syster n,�na)'t
will also perfomr system analysis and desgie functions as well as participate
in ~iystIrm tcsting in addition to providing ongoing application support for
production systems.

MAIN DLTIES AND RESPONSIBILITIES:
-k Involve in ProplieSoft implementation and upgrade
* Wor with PeopleSofr, Oracle SQL. NT and Unix
,AeL as PeopFI1Soft Initeiuacon Broker
- Pan!ILip i Nc in s.cmring commi~ttcs anid USCTrerquirement meetings and
performs follow-up actions. and activities as required
- Anriayms~ and dcsigns viable solutions to medium to highly complex busincs
pi-oblens defined b%. us-er retjunements
o F-Apedite'. the rmils~utiioncfdia%-ic-u- LIJy perdtin.- questions generated by
the user. such as, funci ion usage. program option purposes, arnd how to
Iit"Lethe InfLormaLion reT.jut~td by the user
-Amist witblthe ic dign anid implemenr-ition and suIpport of interface and
point of integration to other 3apiIC~atiur environmrents.

REQUIREMENTS
BaRchelors de'grcc in computer science, MIS or related field
-P 3-5 Years of functional experience on PS HRMS (v8.9 or higher preferred)
Co H~~FR consulting or HR functional %ystems de%ign.-iimplement41Lion
background Experience
P FopleSof\ FIRMSAm i. & Soilutiun Desigi Implemrintation experience.
with Pcop1'.~otl HK.'Ba~*c EcncfiicY lk-nicits Adrninisi rit ion.Thv mrl Ifor
North Arnetic-&ESSJMISS
*HR Business Procm Analysii, Prmc'-, KModeling Packagc Bascd
R~eenineeiiilg'Chiui~c Managemuent
SGup Analvsis inc ludin- %tro1ng Workshop Facilitation Skill-,
*Exten,�i-e experience writing functional ,pecificaiion,, and lia~ing with
technical team nme~mbersnonheietehnical spec ificationm.
*PS Query devc-lopnient'-iippnrt
*In depth PeopleTbols 8.4 expe~riencee using peopleCode. SQR. and App
E-nginc
*Oracle skills and experience tuning SQL statements
' UNIX skills and experience pl"OgraMming Unix shell script

Int~r"444 dAjpplicauiL~ rS% hIV iI i Appliecatiun* to
wwim--adantispiJobs tom







+


PAGE 10B, MONDAY, JANUARY 4, 2010


THE TRIBUNE


Environmentalists seek



protection of endangered



plants and animals


GN 978


.



MINISTRY of FINANCE

CENTRAL BANK of

THE BAHAMAS



NOTICE


The Banks and Trust Companies
Regulation Act, 2000


Notice is hereby given that the Govenor,
pursuant to Section 18(1) (a) (iii) of the Banks
and Trust Companies Regulation Act, 2000, has
revoked by order dated the 18th
December, 2009, the unrestricted bank and trust
licence granted to Tradinvest Bank and Trust
Company of Nassau Limited, (now called "Eni
International Bank Limited") on 14th November,
1972, and amended from time to time, on the
grounds that the company has been liquidated.

Notice is hereby given that the Govenor, pursuant
to Section 18(1) (a) (iii) of the Banks and Trust
Companies Regulation Act, 2000, has revoked
by Order dated the llth December, 2009, the
bank and trust licence granted on 18th May,
1982, and amended on 28th March, 1990 to
Oceanic Bank and Trust limited, on the grounds
that the company has been voluntarily liquidated.


Signed
Wendy Craigg
Governor
The Central Bank of The Bahamas


ALBUQUERQUE, N.M.
A GROUP of environ-
mentalists pledged Monday
to file petitions and lawsuits
over the next 36 days to per-
suade the Obama adminis-
tration to make protection
of endangered plants and
animals a priority, according
to Associated Press.
Listings under the Endan-
gered Species Act have
reached an all-time low,
while the number of plants
and animals that need pro-
tection is growing, said
Nicole Rosmarino, the
wildlife program director for
WildEarth Guardians.
"It amounts to a lack of
will. The Obama adminis-
tration and Interior Secre-
tary (Ken) Salazar simply
don't consider endangered
species protection a priori-
ty," she said.
Environmentalists accuse
the Obama administration
of lagging behind previous
administrations in listing
species under the act. The
Bush administration, for
example, averaged seven list-
ings per year over its two
terms.
By comparison, only three
new U.S. species were list-
ed in 2009, while the num-
ber of species proposed for
protection and those waiting
on the candidates' list stands
at more than 330.
More than 1,300 U.S.
species are currently listed
as either threatened or
endangered.
The Endangered Species
Act, which was signed into
law in 1973, has an excellent
record in preventing extinc-
tion. Ninety-nine percent of
the species protected by the
act still exist today.
As part of a campaign
marking the act's 36th
anniversary Monday,
WildEarth Guardians filed
a lawsuit against the Fish and
Wildlife Service seeking pro-
tection for the mist forest-
fly, an insect found only in
Montana's Glacier National
Park.
Three other actions will
follow this week, including
lawsuits and petitions on a
butterfly found at two spots
along the Gulf Coast, a fish
that depends on coral reefs


The lin ie or GenoraI 1,NIn( ap pIiowice;
ii,rund al (Ceffrev Jorns cater fitl4J
busy hnus&4ikh snd N C"evvrvIfVI~yk-, OUr
V, ide varey od GE app~iances are designed

in conv.,nience, pcriorrnance, and styl
'.-ktth the bes1 that m hInuIog%~has to ofifoi.
r IU I~.pri~iii- ind -a full sur',mre
&-pairtnriet, Ged~f rey Jones, is vowr ulitimate


A C*
" ."'i









THIS UNDATED photo provided by the National Park Service shows
the Jemez Mountains salamander. The Jemez Mountains salamander
is found only in northern New Mexico. WildEarth Guardians is seek-
ing protection for the salamander and other species as part of a 36-
day campaign to persuade the Obama administration to make pro-
tecting imperiled plants and animals a priority. The group kicked off
its campaign Monday, Dec. 28, 2009 with a lawsuit that seeks pro-
tection for the mist forestfly, a stonefly that is found only at Montana's
Glacier National Park.


in the Pacific Ocean and a
rare salamander in New
Mexico's Jemez Mountains.
Fish and Wildlife Service
spokeswoman Valerie Fel-
lows said Monday that the
agency's listing and critical
habitat budget had been
usurped by lawsuits and
court-ordered actions for
nearly a decade.
"We essentially lost all of
our own discretion to use
funding for listing candidates
and making petition findings,
as we were completely dri-
ven by court orders," she
said.
Fellows said the agency
intends to finalize listings for
at least 50 species in the
coming year.
The Center for Biological
Diversity also launched an
effort in December to pro-
tect 1,000 of what it consid-
ers the most endangered
species by getting them on
the list during President
Barack Obama's first term.
The group also is seeking
court action on 280 species
and has warned it will sue
over an additional 144
species, including the plains
bison and the California
golden trout.
Kieran Suckling, the cen-
ter's executive director, said
Obama has a choice of being
a leader in protecting the
nation's plants and animals
or he can let "the extinction
crisis devolve into the polit-
ical pandering that has char-
acterized his approach on
health care and global warm-
ing."
If the president doesn't
act, Suckling said: "We'll
haul him through the court
system."
Paul Krausman, a biolo-
gist and professor at the Uni-
versity of Montana, said he
doesn't think the backlog
will ever be eliminated. The
danger, he said, is that the
listings are being left to the
courts rather than biologists.
Despite the backlog,
Krausman said other coun-
tries envy the United States
for the strides it has made in
conservation since the act
was signed into law.
"The progress has been
phenomenal. That's why we
have a lot of the species that
we have today," he said.


TODSCUS STOIS ON THI PAGE LOG ONTWRIUE4.O


- o




THIS AUG. 2009 picture provided by Joe Giersch shows a mist
forestfly (Lednia tumana) at Reynolds Creek spring, Logan Pass in
Glacier National Park, Mont.

GN 979






MINISTRY OF FINANCE
PUBLIC NOTICE

SALE BY TENDER

It is hereby notified that the under-mentioned
vessel has been confiscated following breaches
of the Laws of The Bahamas and will be sold by
tender:

NAME TYPE
"Lanchadona-Lauya" Wooden Hull


This vessel may be inspected, by contacting
the Officer In Charge, Royal Bahamas Police
Force, Potters Cay, Dock at telephone number
394-0966 during the hours of 2:00p.m. 4:00 p.m.
Monday to Friday.

Tender forms for submission are obtainable
from the Office of the Financial Secretary, Cecil
Wallace Whitfield Centre, Cable Beach, Nassau,
Bahamas.

Tenders should be submitted in SEAL
ENVELOPES to the Office of the Financial
Secretary, Cecil Wallace Whitfield Centre, Cable
Beach, Nassau, Bahamas.

The face of the envelope should bear the
words:

"TENDER FOR CONFISCATED VESSEL"

Tenders submitted with the foregoing should be
received by 12:00 noon, January 14th, 2009.

The right is reserved to reject any or all tenders
and the vessel is being sold "as is where is".

The successful bidder will, on making full
payment assumes all risks for the item sold and
for making arrangements for its removal within
seven (7) days after payment.

No guarantee is given as to the eligibility of the
vessel for registration.


Ehurd Cunningham
Financial Secretary (Actg.)


INSIGHT I


Intelligent. Creative. Efficient.,
IN, 0 MIIIIIII








+


THE TRIBUNE


MONDAY, JANUARY 4, 2010, PAGE 11B


HAVAINA:


honeymoon


here is over


FROM page one

part, the Obama adminis-
tration complains that Raul
Castro is running the island
exactly like his brother did,
without fundamental free-
doms and with continued
abuses against political
opponents. But Cuban offi-
cials say Washington's insis-
tence on more democracy
in Cuba continues an old
pattern of meddling in their
country's sovereign affairs.
"If the American govern-
ment really wants to
advance relations with
Cuba, I recommend they
leave behind the conditions
of internal governance that
they are trying to impose
on us and that only Cubans
can decide," Raul Castro
said in his assembly speech.
Cuba continues to press
its own issues with the Unit-
ed States, arguing, for
instance, that Obama ought
to immediately pardon five
Cuban agents, known on
the island as the Cuban
Five, who are serving long
prison terms in the United
States for gathering infor-
mation about Cuban exile
groups in south Florida.
Alarcon reiterated a pro-
posal that Raul Castro has
made on more than one


occasion: the exchange of
political prisoners in Cuba
for the five Cubans held in
the United States
The Cubans also insist
that the Obama adminis-
tration extradite to
Venezuela Luis Posada
Carriles, an anti-Castro mil-
itant accused of helping to
blow up a Cuban airliner in
1976, killing 73 people.
Posada, who is living in
Miami on bail, faces charges
in federal court in Texas for
making what the govern-
ment says were false state-


ments to immigration offi-
cials. An immigration judge
has ruled that he cannot be
sent to Venezuela, a close
ally of Cuba, because he
faces a high likelihood of
torture there.
"With the previous
administration, it didn't
make sense to talk about
anything," said Alarcon.
"This administration came
to office pledging to change
and to improve relations.
Obama has nothing to do
with the past but he's fin-
ished his first year and so


far nothing has happened
with these issues."
Smith, now a Cuba ana-
lyst at the Centre for Inter-
national Policy who advo-
cates a lifting of the U.S.
trade and travel bans on
Cuba, was supposed to
accompany Barry McCaf-
frey, a retired U.S. Army
general, on a trip to Havana
from January 3 to 6 to dis-
cuss how the two countries
could cooperate on fighting
drug trafficking. But
McCaffrey pulled out,
incensed by recent criti-


cisms of Obama by Cuban
officials.
"This type of shallow and
vitriolic 1960s public diplo-
macy also makes Cuban
leadership appear to be
non-serious, polemical ama-
teurs," he said in a letter to
Smith.
"President Obama is the
most thoughtful and non-
ideological U.S. chief exec-
utive that the Cubans have
seen in 50 years."
At the same time, still
hopeful that the two coun-
tries can put their grudges


aside, Smith said the United
States should continue
efforts to improve relations
by removing Cuba from the
list of state sponsors of ter-
rorism, for instance, and by
closing Radio Marti and TV
Marti, the anti-Castro
broadcasts financed by the
U.S. government and sent
from American soil to
Cuba.
Some Cuban exiles, how-
ever, argue that Obama has
gone far enough and that it
is Cuba's turn to make a
meaningful gesture.


THE WEATHER REPORT(BAHAMAS) LIMITED
THE EAT ER R POR ObINSURANCE BROKERS & AGENTS


15DYFRCS TODA TOIGH TUEDA WENSA HRDY FIA I~


ORLANDO
High: 53* F/12*0C
Low: 29� F/-20 C
B.
TAMPA
High: 53� F/12�0C
Low: 330 F/1 �C
^*^s


Mostly cloudy with a Partly clouds and Partly sunny and Cool with sun mixing Partly sunny Partly sunny and
shower or two breezy breezy with clouds breezy
High: 64� High: 66� High: 70� High: 760
Hi h: 680 Low: 54o Low: 500 Low: 54o Low: 600 Low: 650

The exclusive AccuWeather RealFeel Temperature- is an index that combines the effects of temperature, win hI ..i-t .... : . .t: .t cloudiness, precipitation, pressure,
and elevation on the human body-everything that effects how warm or cold a person feels -. -... . - . - - 11.- ., ... I the low for the day


a

FT. LAUDERDALE
High:62*F/17*C C
Low:40 F/4 *C


A-i


8-16 knots


,. MIAMI
S-"- "" High: 63F/17'
S: ,- Low: 43 F/6�0


KEYWEST
High: 64� F/18� C
Low:53�*F/12�*C
Q.


V
10-20 knots
WEST PALM BEACH
High: 59* F/150*C
Low: 360 F/2� C


FREEPORT
High: 64* F/18*C
Low:44 F/7�C


.c
c





10-20 knots


Shown is today's weather. Temperatures are today's
highs and tonight's lows.


SJ * CapReHatteras
-35 Charlotte * Highs: 40�F/4�C\ x
SAtlanta * Highsi 38�F/3�C : " "
/ 3 _" /3...\ Charleston "
Highs: 38oFI3-C * Highs: 46�F/8�C
Pensacola 'Savannah <
SHigs:-48�F/9�C Highs: 46�F/8?'C\ \ N
I I ,. ----" \\\\"
130 Daytona Beach -
SGe 0 HHighs: 54�F/12�C


ABACO A
High: 66* F/19*0C 0
Low: 480 F/B9C 0 -


*.;> - 1





NASSAU
High: 68*�F/20*�C
Low: 540 F/120C


AI


. knots
ANDROS
High: 69* F/21*�C
Low: 560 F/130 C


Shown is today's
weather. Temperatures
are today's highs and
tonight's lows.


2-25 knots


Statistics are for Nassau through 1 p m yesterday
Temperature
High 700�F/21� C
Low 640�F/180 C
Normal high 780 F/250 C
Normal low 660 F/190 C
Last year's high 77� F/25� C
Last years low 61�F/16� C
Precipitation


As of 1 p m yesterday
Year to date
Normal year to date


ELEUTHERA
High: 70* F/21* C
Low: 590 F/150 C


0 00o
trace
0 17"


AccuWeather.com
Forecasts and graphics provided by
AccuWeather, Inc. �2010


CAT ISLAND
High: 67F/19*C
Low: 590 F/1i50C


GREAT EXUMA %'
High: 69* F/21* C
Low: 630 F/170 C


LONG ISLAND
High:71i*F/22*0C
I w MOr/ R


01 2 3145 67891
LOW MODERATE HIGH V. HIGH EXT.
The higher the AccuWeather UV IndexM number, the
greater the need for eye and skin protection


High Ht.(ft.) Low Ht.(ft.)
Today 1019am 31 406am -07
__ 01052pm 28 446pmn -09
Tuesday 11 11am 29 504am -04
1151 pm 27 537 p m -07
Wednesday12 06 p m 26 6 05 am -0 1
----- 6 30 pm -06
Thursday 1251am 27 709am 00
104 p mo 24 726 p m -04
Friday 153am 26 816am 01
205pm 22 823pm -03


Saturday 2 56 a m
3 07 pm
Sunday 3 55 a m
4 08 p m


923 am
9 21 p m
10 26 am
10 17 p m


J I I]


Sunrise 656 a m Moonrise
Sunset 534 pm Moonset
Last New First


Jan. 7 Jan. 15 Jan. 23


1005pm
953am
Full


Jan. 30


SAN SALVADOR
High: 69* F/21* C
Low: 63� F/17i�C


1*A -

loo


8-16 k


LuOw:4 r F/18-


CROOKED ISLAND/ACKLINS
High: 75* F/24*C
RAGGED ISLAND Low:67 F/i9�C
High: 73� F/230 C
Low: 640F/180C


nots
MAYAGUANA
High: 76*�F/24� C
Low: 67� F/19�0C


GREAT INAGUA \
High: 82* F/28* C
Low: 700 F/21 o C



1


Tampa * Freeport
Highs: 53OF/12oC Highs.:64�F/18�C < - * --
... . ? 4 i^ .
Miami * ,
Highs: 3.3/.1.o7�C Nasa!
Hih. : .F72p>
Havana * Hhs t.-Y ^ .""
Highs: 69F/21�C
Sa'tfiago de Cuba- i "
*ou& Highs: 78; I 6 * Por.t-au-Prince
Cozumel *'-'8 -- -,,I . . .. San
Highs: 78�F/26-H : H� F/31C \Hig
' . N i Santa -
' d o Kingston " "- Domingo
*li-ze - . - Highs: 85�F/29�C Highs: 84OF/290C


Managua
High's' 93�F/34�C


Aruba Curacao
Highs: 88�F/31�C
o
'P


10 Limon . "' I'I,
Highs: 83�F/I28�C '-Pana'ma City
Hi gs` 93�F/34�C


*
Caracas
Highs: 90�F


12-25 knots

12-25 knots


n Juan
hs: 84�F/29�C
- * Antigua
* Highs: 83oF/28�C

% Barbados
0 Highs: 84�F/29�C
a Trinidad
- Tobago
DHighs: 87oF/31o�C


/32�C


60 55,


75 1 ,"-70 65


Cold
" V Tv


Stationary


V
0 -


0-20 knots


WINDS WAVES VISIBILITY WATER TEMPS.
ABACO Today NW at 12-25 Knots 5-9 Feet 10 Miles 700 F
Tuesday WNW at 20-30 Knots 8-12 Feet 10 Miles 750 F
ANDROS Today NW at 10-20 Knots 3-5 Feet 10 Miles 720 F
Tuesday NNWat 12-25 Knots 4-8 Feet 10 Miles 770 F
CAT ISLAND Today NW at 7-14 Knots 4-8 Feet 10 Miles 730 F
Tuesday WNW at 15-25 Knots 4-7 Feet 10 Miles 780 F
CROOKED ISLAND Today NNE at 8-16 Knots 2-4 Feet 6 Miles 790 F
Tuesday NW at 10-20 Knots 2-4 Feet 10 Miles 790 F
ELEUTHERA Today W at 10-20 Knots 4-8 Feet 10 Miles 720 F
Tuesday WNW at 15-25 Knots 4-7 Feet 10 Miles 770 F
FREEPORT Today NW at 12-25 Knots 4-7 Feet 10 Miles 720 F
Tuesday NW at 20-30 Knots 6-10 Feet 10 Miles 760 F
GREAT EXUMA Today NW at 8-16 Knots 1-3 Feet 4 Miles 720 F
Tuesday NW at 15-25 Knots 3-5 Feet 10 Miles 770 F
GREAT INAGUA Today NE at 6-12 Knots 3-5 Feet 6 Miles 800 F
Tuesday NW at 10-20 Knots 3-5 Feet 10 Miles 800 F
LONG ISLAND Today N at 10-20 Knots 1-3 Feet 7 Miles 730 F
Tuesday NW at 12-25 Knots 3-5 Feet 10 Miles 78� F
MAYAGUANA Today NNE at 8-16 Knots 8-12 Feet 7 Miles 79� F
Tuesday WNW at 10-20 Knots 5-9 Feet 7 Miles 79� F
NASSAU Today WNW at 10-20 Knots 2-4 Feet 10 Miles 71� F
Tuesday NW at 15-25 Knots 3-6 Feet 10 Miles 760 F
SAN SALVADOR Today NE at 12-25 Knots 2-4 Feet 10 Miles 740 F
Tuesday NW at 12-25 Knots 3-6 Feet 10 Miles 790 F
RAGGED ISLAND Today NW at 8-16 Knots 3-5 Feet 10 Miles 720 F
Tuesday WNW at 15-25 Knots 3-6 Feet 10 Miles 770 F


S* o INSURANCE MANAGEMENT

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MONDAY, JANUARY 4, 2010


+
p


The stories behind the news


: PPesident O ama


honeymoon here is over


By MARC LACEY
c.2009 New York Times
News Service
WHEN President Barack
Obama came to office, the
unflattering billboards of
George W. Bush, including
one outside the U.S. Inter-
ests Section of him scowling
alongside Hitler, came down
and the anti-American vitri-
ol softened.
Raul Castro, who took
over from his ailing brother
Fidel in 2006, even raised
the possibility of a face-to-
face meeting with Obama,
which would have been the
first time one of the Castros
met with a sitting American
president.
But the tenor here has
changed considerably, and
Obama, whose election was
broadly celebrated by
Cuba's racially diverse pop-
ulation, is now being por-
trayed by this nation's lead-
ers as an imperialistic, war-
mongering Cuba hater.
"As things appear now,
there will be no big change
in the relationship in the
near future," said Ricardo
Alarcon, the president of
Cuba's National Assembly.
He dismissed the Obama
administration's recent
steps, like loosening restric-
tions on Cuban Americans'
travelling or sending mon-
ey to the island and allowing
American telecommunica-
tions companies to do busi-
ness there, as "minor
changes."
The two countries have
postponed the talks they
restarted at the beginning of
the Obama administration
to discuss migration, postal
delivery and other issues,
blaming each other for the
delays.
In the absence of talks,
Obama's carrot-and-stick
approach of relaxing some
Bush-era policies while con-
tinuing to denounce the Cas-
tro government on human
rights has failed to engage
- and perhaps has enraged
- the Cuban leadership.
While Raul Castro repeat-
ed the offer to meet with
Obama in a fiery speech
recently, he also blasted the
Obama administration for
"undercover subversion"
against Cuba and warned
that his nation was ready for
any American invasion.
In one of his recent writ-
ten commentaries in the
state press, Fidel Castro,
who has not appeared in
public in nearly three years,
wrote that Obama's "friend-
ly smile and African-Amer-
ican face" masked his sinis-


PICTURED are US President Barack Obama and Cuban President Raul Castro. Both the US and Cuba have postponed talks they restarted at the beginning of the Obama
administration to discuss migration, postal delivery and other issues. They are blaming each other for the delays.


ter intentions to control
Latin America.
Foreign Minister Bruno
Rodriguez Parrilla also
recently accused Obama of
behaving like an "imperial
chief" at the climate change
talks in Copenhagen, dis-
playing "arrogant" behav-
iour aimed at quashing
developing countries.
"It's unfortunate," Wayne
S. Smith, a former U.S.
diplomat in Havana, said of
the rising tensions. "There
was and still is potential for
the Obama administration


to change relations with
Cuba. These comments
coming out of Havana don't
help."
Obama is the 11th presi-
dent from what the Cubans
call "El Imperio," or "The
Empire," that the Castros
have jousted with since the
revolution a half century
ago. And given that the
Cubans have used Washing-
ton as a foil for so long,
some of the high-voltage
criticism of Obama is
chalked up by some Cuba
analysts as merely Havana's


normal stance when it
comes to the United States.
It is only a matter of time
before the first anti-Obama
billboard goes up, some
experts speculate.
Alarcon, the National
Assembly president, did give
Obama credit for using lan-
guage that is "more peace-
ful, and civilized and open"
than his predecessor. But he
said that it was clear to him
that the White House was
too distracted with other
issues to make Cuba a pri-
ority.


Others in the Cuban gov-
ernment take matters fur-
ther, maintaining that Oba-
ma, despite some initial
steps toward rapproche-
ment, has continued to fol-
low the Bush administra-
tion's goal of toppling the
Communist leadership. "In
the last few weeks we have
witnessed the stepping up of
the new administration's
efforts in this area," Raul
Castro told Cuba's National
Assembly during its annual
session on December 19.
"They are giving new breath


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to open and undercover sub-
version against Cuba."
He was referring to the
detention this month of an
American contractor dis-
tributing cell phones, lap-
tops and satellite equipment
in Cuba on behalf of the
Obama administration. The
Cubans have accused the
contractor, whose identity
has not been made public,
of giving the equipment to
civil society groups in Cuba
without permission. For its
SEE page two


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