N N A A S S S S A A U U A A N N D D B B A A H H A A M M A A I I S S L L A A N N D D S S L L E E A A D D I I N N G G N N E E W W S S P P A A P P E E R R C M Y K C M Y K V olume: 106 No.87SATURDAY, MARCH 6, 2010 PRICE 75 (Abaco and Grand Bahama $1.25 WEATHER BREEZY WITHSUN HIGH 72F LOW 64F S P O R T S SPORTSSTARTSONPAGE NINE Big Red Machine are champions By TANEKA THOMPSON Tribune Staff Reporter t email@example.com T HE availability of fresh drinking water in the Bahamas could be jeopardised by climate change and hurricanes, warned State Environment Minister Phen ton Neymour, who said this country urgently needs prop er water networks and mana gement policies. Anticipated sea level rise from climate change, hurricane motivated storm surges and even heavy rain can all contaminate precious water well-fields with brackish, salty water, cautioned Mr Neymour, leading to severe water shortages and unavailability. Likewise, human acts of environmental negligence like digging pits or quarries to obtain fill below the water table or dumping solid and liquid wastes indiscriminately also threaten our water supply. His statements came as he chastised the Christie admin istration for its "reckless management or mismanagement" of two publicly owned utility companies the W ater and Sewage Corpora tion (WSCB ahamas Electricity Corpo ration (BEC which, he said, the Bahamian p eople are still paying heavily. The threats underscore the need for properly designed water supply systems or a centralized sewerage system, especially in New Providence, which is burdened with a rapidly growing pop ulation of more than 300,000, said Mr Neymour. "This administration has identified such instances and appropriate preventative and response mechanisms are in trend," he told Parliament during his contribution to the 2009/2010 mid-term budget debate. The South Beach representative recalled several past natural disasters that wreaked havoc on fresh water well-fields on Cat Island, Long Island, Andros and Grand Bahama, in turn leaving these islands severeThe Tribune ANY TIME...ANY PLACE, WERE #1 BAHAMASEDITION TRY OUR DOUBLE FISH FILET www.tribune242.com Drinking water under thr eat Minister says Bahamas urgently needs proper networks and policies THE Spring edition of Passport to Paradise Magazine hits hotels today. The latest edition of t his light-hearted Bahamian feature mag azine covers the extraordi-n ary cruise ship Oasis of the Seas, recaps the Michael J ordan Celebrity Golf Tournament, the models of V ersace, and some of the best kept secrets of the Bahamas. The magazine is delivered door-to-door to hotels t hat receive U SA Today a nd is also inserted in all home delivery copies of The Tribune. Call Jenny Pinder at 242-502-2384 or email jpin der@tribunemedia to advertise is Passport to Paradise Magazine. Passport to Paradise Spring edition hits hotels NEW DEFENCEFORCEBOATSHIT THEWAVES ONEOF TWO new boats given to the Royal Bahamas Defence Force by the United States takes to the water yesterday. The vessels were formally handed over at the Enduring Friendship Equipment Turnover held at the Defence Force base in Coral Harbour. SEEPAGETWO F e l i p M a j o r / T r i b u n e s t a f f By DENISE MAYCOCK Tribune Freeport Reporter firstname.lastname@example.org GRAND Bahamas ability to compete as a tourist destination is being significantly hampered because of the high costs associated with the island, according to a tourism expert. Vernice Walkine, Director General of Tourism, said feedback from visitors to the Ministry of Tourism is that Grand Bahama is too expensive in every respect. She stressed that all stakeholders on the island must do their part to drop prices and reduce costs to the customer so that the island can to be competitive. The cost of airfare, rooms, food, and transportation on Grand Bahama are much higher than Nassau and other desti nations in the Caribbean. High costs hamper Gr and Bahama as tour ist destination SEE page six SEE page six VERNICEWALKINE By MEGAN REYNOLDS Tribune Staff Reporter email@example.com DEVELOPERS responsible for ripping out acres of mangroves and digging canals on the south side of New Providence have been accused of environmental ter rorism by Nassau fishermen. Bonefish guides Clint Kemp and Aaron Bain of Secret Soul Fly Fishing Adventures have reported a dramatic transformation of the southern shoreline where thriving mangroves have been removed and canals dredged to build the marina commu nities of Venice Bay and South Seas. Around 30 acres of man groves were removed to make way for Venice Bay, at Millars Creek, ridding the coast of part of its natural buffer against storms and thriving feeding and nursing ground for marine life, Mr Kemp said. A road extended across the bay links to a jetty extending around half a mile across the shallow flats as a canal is Developers accused of environmental terrorism SECRET SOUL FLY FISHING ADVEN TURES bonefish guide Clint Kemp at the South Seas develop ment site adjacent to the Bahamas National Trust Bonefish Pond national park. SEE page six POLICE say they have no information to release to the public in connection with the murder in Fox Hill on Thursday night. According to reports, the man, a Haitian, nicknamed Black, was shot and killed at around 7.30pm in an area known as The Bend. According to resi dents he had borrowed a bicycle to go to make a purchase in Wright Lane when he was shot. His death brings the murder total for the year to 18. When contacted for comment last night, a police spokesperson said they should have an update on the inci dent by Monday morning. Few details on Fox Hill murder SHADOW Minister for Foreign Affairs and the Public Service Fred Mitchell took grave exception yesterday to remarks made by the Nation al Security Minister in the House of Assembly Thursday night. According to Mr Mitchell, Minister Tommy Turnquest sought to suggest that there was political interference in prison officer promotions pri or to his arrival in office. That is a despicable untruth, Mr Mitchell said in a statement made to the media. If this were said outside the House, it would be a grave libel. I challenge him to give any credible evidence that there was political interference. According to the former Minister, the record will show that the promotions at the prison were at all times guided by the due processes of the Prison Department and the Mitchell hits back at comments by Minister of National Security SEE page six B AHAMASBIGGEST CARSFORSALE, HELPWANTED ANDREALESTATE I N S I D E
By NATARIO McKENZIE Tribune Staff Reporter firstname.lastname@example.org NOMINATIONS for the h otel union elections will be held on March 15, with the elections set for April 27, it was agreed yesterday. Nearly three months after the Court of Appeal overturned the rulings of two sep-a rate judges and ordered new elections, members of the Bahamas Hotel Catering and Allied Workers Union (BHCAWU b efore the appellate court yest erday. The court had sought to d etermine whether its ruling h anded down on January 14 had been adhered to. The c ourt had ordered the pro tem or temporary executive council to meet within seven days of the order and set the new election and nomination dates. More controversy arose a fter it was announced that the council had agreed by a majority to set April 27 as the nom-i nation date with June 30 for t he elections; meaning that the u nion would effectively be without proper representation f or more than a year. Subsequently, former president Nicole Martin and her team filed a writ which soughtt o void the dates that had purportedly been set. We are facing a situation w here the union seems appare ntly out of control, Justice G eorge Newman said yesterday. He noted that it was not t he duty of the court to micromanage the union. C ourt of Appeal President Dame Joan noted that the order of the court had been followed by letter but not in spirit. She pointed out that thec ourts order in January paved t he way for the union to have new elections and allowed for the temporary executive council to pay the necessary union bills. We already made every order we could to protect thei nterests of the union, Dame Joan said. Attorney Keod Smith, who represents Kirk Wilson and several members of the unions executive council, note d that he had filed a motion seeking leave to appeal the a ppellate courts decision at the Privy Council. This prompted the judges to inquire as to who had authorised him to represent the union, in light of the fact that h e did not represent the interests of all union members. Mr Smith subsequently conceded that he was not authorised to represent the uniona nd withdrew his application f or leave to appeal to the Privy Council. Eight members of the unions executive council were present, and the court encouraged them to convene and set the nomination and electiond ates. After a brief adjournment, Mr Smith said that it was agreed that March 15 would be nomination day and that April 27 would be the date for t he elections. Following the hearing, form er president and now presidential hopeful Nicole Martin said: I would like to commend the executive council for heeding the advice of the court and agreeing to move the d ates forward. I think we are all very relieved that we dont have to wait until June because being in the industry we know whati s happening among the memb ership and that really would not have served the purpose. Current union president Roy Colebrooke told reporters, I am relieved to know that persons can now get on with your lives becausew hen you look at this whole thing, persons were just held in suspense. Attorney Keod Smith said: Now we are going forward hopefully with a clearer set of c ircumstances for the members of the union to consider as to w hat they can and cannot do. Attorney Damian Gomez said that he was exceptionally pleased with the outcome of yesterdays proceedings. C M Y K C M Y K LOCAL NEWS PAGE 2, SATURDAY, MARCH 6, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM INDEX MAIN/SPORTS SECTION Local News.......................P1,2,3,5,6,7,11,12 Editorial/Letters........................................P4 Comics.....................................................P8 Sports..................................................P9,10 CLASSIFIED SECTION 28 PAGES USA TODA Y WEEKENDER 8 P AGES Agreement made on date for hotel union elections I I w w o o u u l l d d l l i i k k e e t t o o c c o o m m m m e e n n d d t t h h e e e e x x e e c c u u t t i i v v e e c c o o u u n n c c i i l l f f o o r r h h e e e e d d i i n n g g t t h h e e a a d d v v i i c c e e o o f f t t h h e e c c o o u u r r t t a a n n d d a a g g r r e e e e i i n n g g t t o o m m o o v v e e t t h h e e d d a a t t e e s s f f o o r r w w a a r r d d . F ormer president and now presidential hopeful Nicole Martin TWONEWBOATSFORDEFENCEFORCE T HEDEFENCEFORCE r eceived two boats from the US yesterday at the Enduring Friendship Equipment Turnover ceremony held at the Royal Bahamas Defence Force base in Coral Harbour. The new boats are pictured above and top right. Pictured right is Minister of National Security Tommy Turnquest signing the turnover documents with US Deputy Chief o f Mission Timothy Zuniga-Brown. MINISTER OF NATIONAL SECURITY Tommy Turnquest speaks yesterday. F e l i p M a j o r / T r i b u n e s t a f f
NOELLE NICOLLS Tribune Staff Reporter email@example.com OPPOSITION spokesperson on foreign affairs Fred Mitchell said the Ministry of Foreign Affairs would be making a grave mistake if it moved its independently hosted website to the governments platform at this time. The Foreign Affairs website is registered under the domain mfabahamas.org. Mr Mitchellsaid without a substantial investment in the upgrade of the bahamas.gov.bs platform it would not benefit the min istry to switch. The governments website is inadequate because it can not handle the existing traffic demands. It is slow. The governments website is down 50 percent of the time and is not properly updated or main tained. This was the reason when I was the minister, the ministry chose not to join the governments website. Those problems have still not been resolved, said Mr Mitchell. Senior administrators in the ministry said Thursday that work on the website was on hold, because the ministry is in the processing of switching platforms and reviewing the management structure of the website. No one has specific responsibility for the website, accord ing to the administrator. It falls under the general responsibility of the permanent secretary and the administration. Mr Mitchell said: The rea son that the official offered is an excuse that is almost one year old. The ministry contin ues to do a disservice to the country by continuing, for over one year now, to talk about upgrading and transferring a service when there is little evidence to suggest that the ministry gives a hoot about the publics right to know what, if anything, the ministry is doing for the Bahamian people, said Mr Mitchell. More important than the problem associated with deciding on a platform, Mr Mitchell said, was the issue of the website being content defi cient. He said the website should be content driven. After a quick analysis of the governments main website, technology consultant Eric Lopez of WSI Internet Consulting identified two favourable aspects the recently updated news items on the home page and the visible banners that provide ease of access for key legislature and government information. He identified 10 areas where improvement could make the website more appealing, inter active and relevant. The website lacks appeal very monotonous. A cre ative design and structural make-over will enhance val ue to visitors. It lacks effec tive call to actions; call to actions foster the conversion of website traffic to customers or site users. These should be designed and included to attract and direct visitors to fulfill the objectives of the website, said Mr Lopez. Some of the other areas of deficiency he identified include: the lack of key audience appeal; ineffective navigation; no social media connection; the lack of relevancy in design and functionality and that the website objectives are not clear. NOELLE NICOLLS Tribune Staff Reporter n firstname.lastname@example.org T HE Lambi Coalition hosted its first Haitian/Bahamian Solidarity Forum Wednesday in an effort to bridge the gap between the two communities. G uest presenters spoke a bout the need to create a change in behaviour by touching one Bahamian at a time; to have the community engage in self-examination fori ngrained prejudice, insensit ivity and ignorance. There was consensus that change at the level of individuals was necessary for amassing the scale of support need-e d to create major political changes, such as citizenship at birth for Bahamian-born i ndividuals of Haitian descent. I was inspired by the Solidarity Forum. There was a good turn out. Its a start. We hope to continue the process of rising the consciousness ofA frican people. Based on the feedback from the audience we hope to have another forum and will begin planning toward that at Lambis next meeting, said Alex Morley, Lambi chairman. E an Maura, educator, father of two, and co-founder of the Indaba Project, spoke about the global importance of uniting the African community. He said there arem any examples of how the African community has set g lobal trends, from fashion, m usic, community organising, to spirituality. He said if the African community could a chieve solidarity it would not b e long before the world caught on. The Lambi Coalition takes its name from the Creole word for Conch, as the conch shell has a long stand-i ng association with the idea of resistance and coming together for Africans. The organisation was formed in the wake of the devastating earthquake that struck Haiti. I was taken aback when I a rrived because I did not expect to hear the things I heard from a group of Bahamians. It is amazing how compassionate and concerned the group is for the plight oft he Haitians living in the Bahamas and the children of H aitian descent, said Mary R eckley, founding member and treasurer of the United Association of Haitians in the B ahamas (UAHB M s Reckley has had 16 years working with UAHB and 23 years working with the Bahamian Haitian Cultural Association, of which she is president. I see this group going far and personally I will encourage children of Haitian descent to join the group, because they seem to be able to address the issues in a way that would make a difference.I was very, very impressed, she said. Lucien Emmanuel attended the event, having been one of the main advocates at the College of the Bahamas( COB) for a change in regulations governing tuition for H aitian Bahamians. H e encouraged the presenters to be steadfast, saying that from his personal experie nce he knew people who s poke up in support of Haitian rights were often targeted and victimised. Prior to 2008, stateless Bahamians of Haitian descent had to pay international stu-d ent rates, while their high school counterparts paid Bahamian rates. The regulations were changed to allow anyone attending high school in the Bahamas for six consecutive years to benefit froml ocal fee rates. Mr Emmanuel was born in the Bahamas to Haitian parents and said it took him about three years to be granted citizenship after hea pplied. He enrolled in COB during this limbo period, and r efused to pay international f ees as a matter of principle. I was born here. I don think I should be treated any d ifferently than anyone else. I s at the same BGCSE, so why should a different standard be set economically, said Mr Emmanuel. Next on the planning agenda for Lambi is building ont he support from its initial forum, and organising a benefit concert in aid of the earthquake relief effort, according to the chairman. Canned goods will be collected as the cost of admis-s ion instead of money. These goods will be delivered to reputable grassroots organisations in Haiti. C M Y K C M Y K L OCAL NEWS T HE TRIBUNE SATURDAY, MARCH 6, 2010, PAGE 3 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM BALLOT boxes from the f ive polling division affected b y the Elizabeth by-election challenge mounted by Ryan Pinder were brought to the c ourt yesterday afternoon so that the protests votes could be removed. T he procedure took place in closed chambers, in the presence of the election courtj udges, the Parliamentary Registrar, attorneys and three agents for the parties concerned. A ttorney Philip "Brave" Davis, who represents petitioner Leo Ryan Pinder, indicated to the court on Thurs day that polling divisions 4, 5, 7, 8,10 are affected by the challenge. The election court petition was filed by Ryan Pinder of the PLP, who gained 1,499 votes to Dr Sands' 1,501 in the February 16 Elizabeth constituency byelection. Mr Pinder is claiming that five protest votes castin his favour should be counted, thus making him the elected MP for Elizabeth. The Elizabeth by-election court hearing is set to open on Thursday, March 11. Elizabeth pr otest votes removed FNM candidate Dr. Duane Sands gestures to supporters outside court on Thursday. PLP candidate Ryan Pinder stands outside court on Thursday. New coalition aiming for Haitian/Bahamian solidarity Ministry website move would be mistake
EDITOR, The Tribune. MS. CHARLYNE E. SEALY, in a thoughtful letter to The Tribune on January 25th responds to the Heritage Foundation report s howing decline of economi c freedom in the B ahamas.Her remarks were d irected to Rick Lowe, Vice P resident of The Nassau I nstitute. The key ingredients of economic freedom are: 1.Personal choice; 2.Voluntary exchange c oordinated by markets; 3 .Freedom to enter and c ompete in markets; 4 .Protection of persons and their property from a ggression by others. Where public policy interf eres with, or fails to support these four ingredients economic and other freedoms a re at stake.Rick Lowe and the Nassau Institute are u nrelenting advocates for a free economy. Ms. Sealy cites areas in t he Bahamian economy that lowers the overall rating in t he Heritage Index.She does not believe most Bahamians would willingly agree to c hange the following polic ies: 1) R eserving sectors of the economy for Bahamians; 2 )Permission required to s ell property over five acres; 3) T ariffs 4)Monetary policy and exchange controls. Reserving particular sectors of the economy is prot ectionist policy restricting retail, and wholesale busi nesses to Bahamians. Licensing of the professionsi s alsoprotectionist policy. M s Sealy should under stand that every form of protectionism builds on raw political force which is strengthened by advocates of political power. T hose benefitting from g overnment protection of t heir industry or profession are big business and politicians counting votes.It is an unholy alliance of business and government in a common cause against con sumers and foreigners. It is crony capitalism and not free market. Ms. Sealy asks: Would Mr. Lowe sanction a campaign to get Bahamian lawyers, accountants and l uxury store owners to agree that foreign nationals be permitted to come to the B ahamas and hang their s hingles with no review or a pproval? I mplied in the question is s hould we campaign for free a nd voluntary exchange in goods and services considering that lawyers, accountants and luxury store owners prefer the current system of protection for their professions and businesses. S he may be right in the p reference for protection by certain groups, but if so then M r. Lowes comment that t he Bahamas is heading in t he wrong direction is irrefutable. Consumers are not con c erned with the nationality of the seller.They want a wide choice of products at the lowest prices.The Bahamianization policy requiring permission from government to decide who can sell and serve is there f ore anti-consumer.It is antifree market and negative for economic growth. A shrinking economy and drop in consumer spending should cause rethinking poli cies that protect special intere sts. C ompetition tends to maintain prices at levels that maximize exchange. A walk d own shabby Bay Street illu minates the sad story of decline in the retail sector. If Bahamians wish to recap-t ure lost business and encourage new enterprise they will have to open up to new participants not based on nationality but on who ever and whatever will attract business and promote economic activity. Patriotism as paternalism is often confused with protectionism. Rick Lowe would say that protectionism is unpatriotic because it supports high prices and slows economic growth. The existing interventionist policy of restricting areas to the discretion of politicians is a declaration that business is free to act as long as what it does complies exactly with the plans and intentions of the government. Government interference is asking ultimately for more compulsion and less free dom. If action in the market place is subject to political approval then we have to believe in an omniscient allknowing government with all the knowledge required to know what is best for everyone else; an absurd notion that few would support in 2010. The permission required to sell more than five acres is policy that interferes with voluntary exchange required to co-ordinate markets. Property rights have evolved from the earlier practice of minimum intervention to government approval to sell over five acres.Population and environmental conditions affect property use. Declarations of intended use of property for development may pro tect the property rights of others.However, restrictions on the use of ones property if they are arbitrary decisions by bureaucrats are limits on a cherished freedom. Tariffs as protection for chosen industries are counterproductive to economic freedom and economic growth. In the Bahamas they replace an income tax. The current tariff rate is so high as to reduce competitive advantage.The Duty Free policy of the early nineties is empirical evidence that retailers were unable to compete in the luxury goods market with vendors in othe r countries. D uty Free was a kind of d eception where the tariff w as renamed a stamp tax. A rose by any other n ame is still a rose.Whilst duty was lowered on some items,the revenue lost was compensated by increasing the rate in other sectors. A flat consumption stamp t ax of 17 per cent universall y applied would encourage m ore economic exchanges without deceptive marketi ng strategies.Dr. Arthur Laffer an economist in the R eagan years has shown that when taxes drop revenue increases The Laffer C urve. Ms Sealy overlooks the l ow tariffs of the 50s and 60s. The rate on most imports was 15 per cent ont he C.I.F value plus 2 per cent stamp tax.Other taxes w ere low, and there were no deficit budgets.The economy grew at 8 10 per cent. I n 1972 the Economic Freed om of the World Index ranked the Bahamas 7 th of 121 countries.In 2007 theB ahamas is ranked 43rd of 1 43 countries. Monetary policy and exchange controls. The B ahamas gets a consistent ly low rating in the Freedom Index for monetary and fis-c al policy due to foreign exchange controls. M s Sealy is correct to note a relaxation of the controls.Until therei s total free exchange the rati ng in this category will not improve. The limit on foreign currency exchange is related to the foreign reserves required to support the value of the B $ at par with the US$. D r. Alvin Rabushka in s tudying the Bahamian economy stated in 2004: Unless foreign reserves rise to, and remain at, a higher level in the near future, the financial structure of the Bahamian economy, which resembles an inverted pyramid, will continue to get heavier and larger at the top. At some point, the whole structure will topple. Either devaluation or new restric tions on current account transactions, which means import control, must follow. Economic freedom and free trade are polarizing issues between those who understand the benefits of free exchange and the pro tectionists whose opposition is visceral and passionate. Those of us who favour free trade believe in the ethical principle that people should be free to buy from whomever they choose, and in the economic truth that wealth and efficiency increase as prices fall. Mr Lowe, an advocate for economic freedom, is a true patriot and a courageous defender of the rights of individuals to pursue their interests so long as they do not interferie with the right of others to do the same. Ms Sealy raises policy issues for public discussion that mostly occurs behind closed doors. Her response and ques tions open them to public scrutiny. We invite her to join the Nassau Institute in identify ing public policy and government actions that take away our precious freedoms. THE NASSAU INSTITUTE Joan Thompson President, Nassau, February 2, 2010 C M Y K C M Y K EDITORIAL/LETTERS TO THE EDITOR PAGE 4, SATURDAY, MARCH 6, 2010 THE TRIBUNE The Tribune Limited NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI Being Bound to Swear to The Dogmas of No Master LEON E. H. DUPUCH, Publisher/Editor 1903-1914 SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G., ( Hon.) LL.D., D.Litt P ublisher/Editor 1919-1972 Contributing Editor 1972-1991 EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B. Publisher/Editor 1972Published Daily Monday to Saturday Shirley Street, P.O. Box N-3207, Nassau, Bahamas Insurance Management Building., P.O. F-485, Freeport, Grand Bahama TELEPHONES Switchboard (News, Circulation and Advertising A dvertising Manager (242 WEBSITE www.tribune242.com updated daily at 2pm ANKARA, Turkey Turkey warned the Obama administration on Friday of diplomatic consequences if it doesn't quasha congressional resolution that would brand the World War I-era killing of Armenians genocide. Foreign Minister Ahmet Davutoglu said Turkey, a key Muslim ally of the U.S., would assess what measures it would take, adding that the issue was a matter of "honour" for his country. Meanwhile, a senior Obama administration official, speaking on condition of anonymity because of the sensitivity of the issue, said there was an understanding with the Democratic leadership in Congress that the resolution would not go to a vote on the floor of the House of Representatives. A U.S. congressional committee approved the measure Thursday. The 23-22 vote would send the measure to the full House of Representatives, if the leadership decided to bring it up. Minutes after the vote, Turkey withdrew its ambassador to the U.S. U.S. Secretary of State Hillary Rodham Clinton did not answer a question about the diplomatic fallout Friday. "The Obama administration strongly opposes the resolution that was passed by only one vote by the House committee and will work very hard to make sure it doesnot go to the House floor," Clinton told reporters in Guatemala City, Guatemala. Historians estimate that up to 1.5 million Armenians were killed by Ottoman Turks around the time of World War I, an event widely viewed by scholars as the first genocide of the 20th century. Turkey denies that the deaths constituted genocide, say ing the toll has been inflated and those killed were victims of civil war and unrest. President Barack Obama promised dur ing his campaign to officially recognize the killings as genocide but has not done so. The Obama administration had been silent about the resolution until shortly before the vote, when it said it opposed its passage. Turkey wants stronger action to block the resolution. "The picture shows that the U.S. administration did not put enough weight behind the issue," Davutoglu told reporters. "We are seriously disturbed by the result." "We expect the U.S. administration to, as of now, display more effective efforts. Oth erwise the picture ahead will not be a positive one," he said. He complained of a lack of "strategic vision" in Washington. The measure was approved at a time when Washington is expected to press Turkey to back sanctions against Iran to be approved in the U.N. Security Council, where Turkey currently holds a seat. Turkish cooperation also is important to U.S. operations in Iraq and Afghanistan. Also at stake are defence contracts. Turkey is an important market for U.S. defence companies, many of which had lobbied against the measure. "We have had good cooperation with the U.S. administration at all levels," Davutoglu said. "We would expect our contributionsnot to be sacrificed to domestic political games." Davutoglu said the U.S. ambassador had been called to the Foreign Ministry for talks. The ambassador, James Jeffrey, told reporters the Obama administration was opposed to the measure going before the full House. The foreign minister said Turkey was determined to press ahead with efforts to normalize ties with Armenia, but said Turkey would not be "pressured" into taking any decisions. He added that the vote had put the rati fication of agreements to normalize ties with Armenia at risk. Last year, Turkey and Armenia agreed to normalize ties by establishing diplomatic relations and reopen their shared border, but the agreements have yet to be approved by their parliaments. Turkey has been dragging its feet, fearful of upsetting ally Azerbaijan, which balks at any suggestion of the reopening of the border until its own dispute with Armenia over Nagorno-Karabakh is settled. The region in Azerbaijan has been under Armenian control. Armenian groups have sought congres sional affirmation of the killings as genocide for decades and welcomed Thursday's vote. "The problem that America faces is how to recognize the Armenian genocide without damaging its strategic alliance with Ankara. But at some point, we must adopt moral positions," Mourad Papazian, president of the western European branch of the Armenian Revolutionary Federation, told AP Television News in Paris. In Ankara, dozens of members of a small left-wing party staged a protest near the heavily protected U.S. Embassy, shouting: "Genocide is an American lie!" Turkey has been struggling to block similar genocide bills in parliaments across the globe. (This article was written by Suzan Fraser of the Associated Press) Economic freedom and the Bahamas LETTERS l email@example.com Turkey warns US over Armenian genocide vote 0$8'/,1((5,&$:$77RI +$9(168%',9,6,213%2;1$66$8 %$+$0$6 0&.(1/<(8*(1(RI:(67 (1'$1$66$8%$+$0$6
THE Ministry of Public Works and Transport will continue its efforts to improve service, contain costs and enhance revenue collection during the second half of the 2009/2010 year, Minister Neko Grant said in his contribution to the mid-year budget debate. Mr Grant said: Our efforts in improving service delivery will also continue as it underpins the credibility of the government. He highlighted the Buildings Control Divisions second place finish in the Public Sector Service Improvement Programme in October 2009. I congratulate the employees of the Buildings Control Division on their achievement, said Mr Grant. I also take this opportunity to thank all employees of the Ministry of Public Works and Transport, its departments and statutory authorities for the work they perform on a daily basis in providing services to the public and to encouragethem all to strive to attain even higher levels of performance. He noted three major projects completed during the first half of the 2009/2010 fiscal year. Among them is the New Providence harbour dredging and bollard project that was completed in December 2009 in time for the arrival of the Royal Caribbeans Oasis of the Seas. While these projects are virtually completed and theh arbour successfully facilitates entry and exit of Genesis class v essels, a small section of the harbour remains to be dredged due to inclement weather conditions. We expect this area to be competed by May 2010, said Mr Grant. A major contract totalling $ 11,294.468.86 was awarded to Cavalier Construction Company for the construction of the new Bay Street Straw Market. Mr Grant said the government is pleased with the progress made to date on the straw market and anticipatest hat the building will be completed by mid-2011. F urthermore, the precincts of the Parliament Square on Bay Street will be enhanced as a result of a contract signed for the refurbishment of the Supreme Court, Senate, Hansard and MagistratesC ourt buildings. Mr Grant explained that the project i ncludes construction of a new utility support enclosure to service the buildings. These projects (straw market and Parliament Square) will undoubtedly contribute to the overall effort that is being undertaken to improve the appearance of the downtown area of Nassau, said Mr Grant. Regarding other work in the downtown area, Mr Grant said the project to replace eleva tors in the Churchill and Main Post Office building is ongoing. One of the elevators at the Churchill Building has been completed and a second one is to be installed by March of this year. He said the elevators for the Post Office Building have been ordered and delivery is expected during July of this year. The first unit is expected to be installed by September a nd the second unit by November at a cost of $335,430. C M Y K C M Y K L OCAL NEWS T HE TRIBUNE SATURDAY, MARCH 6, 2010, PAGE 5 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM "I VEX that some of them by-election candidates still have their billboards up in the Elizabeth constituenc y. They was so quick to put t hem up now they ain' want t ake it down like that ga 'cause anyone to vote for them next time. "If they can't pay couple dudes one $50 to take them s igns down, I suggest those b ig, strapping men go down there with some tools and dig them eye-sores out themselves." Vex on Prince Charles Drive. "I vex at how disgusting, rowdy and low class some of our Members of Parliament act in the House of Assembly. I wouldn't dare carry my child in there to o bserve the slack way those g rown men and women carr y on I mean it look like s ome of them wanted to t hrow blows on Monday, m an. "I can understand wanting to argue your point and to defend your name, but my word, I wish they could f ind a more decent way to talk to one another instead o f acting like beasts. The only difference I see between them and the mano n the street is the bigger words they use but the same b iggety, nasty attitude is there. Ashamed of MPs. "I vex at how some of t oday's young women leave their house to go out at night without pants on, clothes too tight, chest out all topped off with a head of full of weave thatl ooks like it belong on a rag doll. What makes it worse, is you often see these women holding the hand ofa little girl and you wonder what sort of person that innocent child is going to grow up to be or what she is being exposed to. "Ladies and mothers, please take some pride in yourself and set an examp le for your children. Let t hem know there is more to l ife than showing what God gave you to every Tom, Dick and Harry." Concerned I vex at all these people w ho cut me off while I driving every blessed morning, as if only they have somewhere to go. Why is it that our people seem to have no patience or compassion for others, as evidenced by the nasty way they treat you on the streets? "Road rage is a serious thing, but I am thankful for the grace of the One above who hold me tongue and m y hand from displaying m y anger at those inconside rate drivers. People think o f your fellow man next t ime you are behind the w heel and stop driving so reckless." Mad Motorist. "I is particularly vex dat d em 'politrickans' keeps trying ta hoodwink da peop le, especially now we see dat Saunders Beach gats two levels, one upper levelm ussey fa dem who go fa da view and da lower level for dem regulars who likes da cold water. Dey politrickans shoulda check dem old pictures of da prev ious massive enormous M ontague Beach an see w hat happens when they done fool wid it. Dey ain't learn. Of all t'ings yinna shouldn't mess wid mother n ature." Mama ain't born no fool. "I am happy with the new police Chief having the vigilant police officers working during the nights and hearing the police car horns tooting all around the neighbourhood. This sure sends a message to the culprits. And all we need to do n ow is to make the lawyers l iable for the actions of their c lient culprits because they s omehow manage to keep g etting bail for them, for the u mpteenth time to keep repeating criminal acts on us da victims in this little seven by 21 mile long island." Victim. Are you vex? S end your complaints to firstname.lastname@example.org WHYYOUVEX? Grant updates House on major ministry projects P OLITICAL activist Omar Archer announced yesterday that he has resigned his membership of the Progressive Liberal Party. Mr Archer thanked party leader Perry Christie for the o pportunity to be a part of the PLP and for the mentoring and leadership that he has portrayed over the years. The one time chairman of and candidate for the Bahamas D emocratic Movement (BDM l owing the 2007 general elections, said: Even though this was a difficult decision for me to make, I realise that there is a time for growth and for myself that time is now. The Bahamas will not be losing a voice that speaks and advocatesf or assistance of the poor and disenfranchised but will gain a man who will hopefully in the future be able to change the lives of many underprivileged persons of this great ande nvied nation. In a statement issued to the press, Mr Archer said that todays voters are intelligent and audacious not ignorant and passive. I can no longer remain mute in responding to the cries, responding to the cries of so many sorely oppressed Bahami ans throughout so many devastated communities in this our beloved country, he said. This clearly is a moral indication of change in todays political forum. Therefore together we must demand accountability and hold those in public office to higher standards without partiality. Once again I say thanks to all of you whom have given me your support as I strive to continue to be the voice of the people for its with them where my unbending loyalty lies, he said. OMARARCHERRESIGNSFROMPLP PUBLIC WORKS AND TRANSPORT M INISTER N eko Grant speaks to Parliamentarians in the House of Assembly. L e t i s h a H e n d e r s o n / B I S BAHAMIANSHAVETHEIRSAY N EW YORK EXPERTSwho track charitable giving say donations from Americans for earthquake relief in Haiti have passed the $1 billion mark, according to Associated Press. The Center on Philanthropy at Indiana University has b een monitoring donations received by 91 charities engaged in Haiti relief since the quake on Jan. 12. The total surpassed $1 billion as of Friday. About one-third of it has gone to the American Red Cross. T he Chronicle of Philanthropy says other major recipients of Haiti donations include Catholic Relief Services, the U.S. Fund for UNICEF and the U.S. wing of Doctors Without Bor d ers. Donations from Americans for Haiti top $1 billion
C M Y K C M Y K LOCAL NEWS PAGE 6, SATURDAY, MARCH 6, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Grants Town Wesley Methodist Church( Baillou Hill Rd & Chapel Street) P.O.Box CB-13046 The Holy Ghost Prayer-Line number is 326-7427(www.gtwesley.org)SUNDAY, MARCH 7TH, 2010Theme: But As For Me And My Household, We Will Serve the Lord7:00 a.m. Rev.Carla Culmer/Sis. Mathilda Woodside11:00 a.m.Rev. Carla Culmer/Sis.Tezel Anderson/ Ministry of Helps 7:00 p.m. Bro. Franklyn Bethel/Mens Fellowship ly depleted of drinking water. "We may presume that our wells will continue to provide t he water we need, and that w ater will still come streaming from the tap. Hurricane Floyd should be a fervent reminder that being compla-c ent or passive in establishing appropriate water networks could prove disastrous and consequential to our future w ater supply and to our overa ll well-being and could place us in jeopardy," said the South Beach representative. During hurricane Floyd w ater wells in parts of Cat I sland and Long Island were put out of use because of sea w ater contamination. Similarly, storm surges from hurricanes Frances and Jeanne in 2004 had major affects on thew ater resources of Grand Bahama while hurricane Frances c aused damage to water resources in North Andros, he s aid. T hese two hurricanes adversely affected the countrys two major well-fields W6 in Grand Bahama and the Barging Wellfield in North Andros, said Mr Neymour. "These primary well-field locations, positioned in the centre of two of the largest Bahamian islands, were both inundated by the sea water, and became brackish as ar esult. Parts of the Andros well-field still have high salini ty as a result of the saline intrusion. There is abundant evidence in Grand Bahama and Andros of previous eventst hat caused saltwater damage to the environment." Alarmingly few of these major events were recorded and analysed by the previous administration or officials at WSC handicapping the corporation from designing future mitigation plans, said Mr Neymour. "This administration is addressing such planning d eficits," he said. The anticipated devastating affects of climate change which can lead to elevated sea levels that can devastate our l ow lying chain of islands is also a major threat to our water supply. Climate change is expected to result in rising sea levels, in addition to the threat of even more severe hurricanes and storm surges. Therefore, the Bahamas should elevate our awareness and preparedness to the threat that suchl ikelihoods pose to our water resources and to our water supplies. "In fact, even heavy rainfall events can be disastrous, sim ilar to that which occurred during tropical Storm Noel. H eavy flooding can result in the wastes from septic tanks f lowing directly into the private wells of our manipulation. This has been a repeat occurrence in some parts of New Providence." T o mitigate against these threats, the Ingraham admin istration will focus on enacting environmental and con s ervation laws and regulations; preventing future improp er development in low-lying areas prone to flooding; restrict rock and sand mining activities to approved locations only; and protect beach ridge and coastal dune for m ations. Government also plans to adopt appropriate physical planning policies, which will protect infrastructure from storm surges and rising water tables. There is a responsibility for people here in Grand Bahama to do some things tom ake this island more competitive, like drop their prices, Ms Walkine stressed. Everybody that has a direct impact on the end product visitors pay for has to look at how they can drop p rices and reduce cost to the customer. Ms Walkine noted that the h igh cost of airfare and high jet fuel is one of the main problems and challenges hereo n the island. We have more than adequate number of seats to fillt he rooms here on Grand Bahama, and our goal is not to lose any of those seats. In order to avoid losing those seats, we have to reduce the cost of jet fuel, she stressed. A irlines flying to Grand Bahama pay 240 per cent above the average cost of jet fuel in Nassau, which is 40 per cent above average what those airlines pay for routes within the US. Jet fuel costs for carriers reached $5. 41 per gallon in Freeport, compared to $2.26 in Nassau, which resulted in $1 million in annual cost for air carriers flying to GrandB ahama International Air port. The Grand Bahama Airport Company buys jet fuel f rom an overseas supplier because there is no local jet fuel supplier on the island. GBAC officials are work ing with the Ministry of Tourism to lower fuel costs,w hich could happen soon, possibly in a matter of weeks. We are optimistic that sometime in next few weeksw e will have a price per gallon that is considered reasonable, said the director gen e ral. They have understood and accepted their obligation with responsibility to protect thisb usiness and we dont anticipate that we will lose any service. M s Walkine noted that cus tomers do not want to pay a $500 airfare for a 20-minute flight to Grand Bahama when they can pay less to go to Nassau. That is why Grand Bahama has a unique challenge that it has to address and make itself more affordable, it cannot be overpriced. Thats what our feedback tells us, that Grand Bahama is a n expensive destination in every respect. And so everyone has to g ive a little in order to be able to attract the critical mass that will spend that much more so that your revenue grows.E ven though the unit price has dropped, you are going to make more money. That is w hat we have been trying to communicate to people here. People are not responding t o it, but we in tourism are s upposed to solve the prob lem. We are supposed to find some people out there who a re willing to pay that premi um to come to Grand Bahama, why would they dot hat when they have other options for less? So it is the most frustrating challenge we have ever had. We are not about to negotiate any new services until we can make the exist i ng airlines here viable and it is not viable right now because of the high cost off uel in Grand Bahama, said M s Walkine. dredged across the flats. All this was mangroves; it used to be teeming with fish, Mr Kemp explained a t the site yesterday. But they cut straight though the flats a nd all the mangroves are gone. Its like these people have just said The hell with Nassau, lets just destroy it. I agree that with development there is this balance that has to happen, but this!T his is environmental terrorism, thats the only phrase for it. This is crazy. At the eastern end of Millars Creek t he flats converge and form the entrance to the Bahamas National Trust (BNT Bonefish Pond national park, where m any more healthy mangroves have b een ripped out and an existing canal is being widened to lead into the marina dredged at South Seas. D eveloper Tennyson Wells confirmed he had to stop the project in 2005 for permits to be checked, but resumed cons truction with full government approval i n June last year. He expects South Seas to reach completion in 18 months. B NT Executive Director Eric Carey said the Trust will monitor the developm ent which has already produced silting in the park despite having silt screens in place. Mr Bain said the dredging has affected t he movement of the tides, and the silt p roduced has coated the feeding grounds where lobster and mutton snapper were t hriving just a year ago, but have now d isappeared. There were turtles and crabs, lobster everywhere, he said. You could find 20, 40, 60 holes of y oung lobster here, but now the holes have closed up and theyre gone. Theres nothing. D amage to mangrove ecosystems in the south will only increase when highpowered boats are docked in the marinas, M r Kemp said, while the adjacent nationa l park will do little to mitigate the effects s ure be seen on coral reefs throughout the New Providence area and beyond. Right here is probably the most sensitive spot in all of Nassau, he told The Tribune They are digging up the Bonefish P ond national park. Its going to change everything in here. H e wants the lack of public dialogue over development projects and lack of sufficient environmental law to be addressed with urgency to ensure i mportant ecosystems are protected w hen developments go ahead. Without such legislation, the eco n omic need for development cannot b e balanced with the need to protect the vulnerable natural environment. Its not radical to speak out about this, Mr Kemp said. Its just sticking up for whats right. We are out here every day watching it happen and its absolutely heart-break-i ng to see it actually happen right before our eyes, and its happening so fast. We have complained for years how t he beaches are being taken away from u s, but all of this is getting taken away too. This is against international treaties that we have signed and there is no mitigation. Ministry of National Security in consultation with the Prison S taff Association. The Minister ought to concentrate on getting the job done and stop trying to rewrite history. The fact is that shortly after they came to office, the FNM administration unfairly withdrew lawfully granted promotions to prison officers under pro cedures agreed with the Prison Staff Association and the Public Service Commission. Any other story is simply fiction. The Ministers own previous statements in the House of Assembly support this view. It is simply tiresome that almost three years after coming to office, the Minister can only find comfort in propaganda as a substitute for the failures of the FNM administration in the Public Service and other areas of public life in the Bahamas, he said. Drinking water under threat FROM page one P HENTONNEYMOUR FROM page one Mitchell hits back at comments by Minister of National Security FROM page one High costs FROM page one Developers accused of environmental terrorism SECRET SOUL FLY FISHING ADVENTURES bonefish guide Clint Kemp at the South Seas development site adjacent to the Bahamas National Trust Bonefish Pond national park.
F REEPORT Appalled by the rise in indiscriminate dumping, Port Of Call resi d ents have joined forces to officially clean-up their neighbourhood. The road was lined with d ebris from the western e ntrance all the way down to the dead-end, said Don Mitchell, a Port Of Call Vil las resident. Mounds of garbage were at the canal easement including fast food containers, condoms, nee-d les and household refuse. T he quiet street is a pop ular retreat for residents of nearby neighbourhoods,w ho regularly use it for exercise and other recreational purposes. After becoming increasi ngly frustrated with the fre q uent dumping, residents, frequent visitors and members of the Port Of Call Vil las and Condominium Association; the Mayfield Beach Tennis Club and Associa tion; and Seabreeze Executive Suites, decided to act. Clean-up efforts were launched in January by Stan and Tatiana Sargeant, second home owners and visitors to the island for more than 20 years. The couple initially tried to collect the garbage on their own during daily walks but quickly recognised the magnitude of the problem. After encouraging other residents to join them, the group pooled donations and hired a workman to collect the garbage. In all, he col lected 259 large trash bags over a seven-day period, said Mr Mitchell. To discourage dumping nearby the canal, the Port Of Call group has purchased garbage bins which they regularly empty themselves. With the assistance of the Environmental Department of the Grand Bahama Port Authority (GBPA Dumping signs have also been strategically posted. Environmental manager for the GBPA Nakira Wilchcombe praised the groups initiative. GBPA applauds the Port of Call group, which has now been officially dubbed the first community group known as Keep Port of Call Clean for addressing indiscriminate dumping in their community. Such efforts are worth imitating as they demonstrate what can be accomplished through self-driven initia tives. It is unfortunate when others show disregard for the environment and the personal surroundings of others. We hope that their example would encourage other communities to work together and do their part in keeping their environment clean, she said. Reflecting on the dump ing, Mr Mitchell noted that non-residents who frequent the area are the culprits. We dont mind persons using the dead-end to sit and eat and enjoy the waterway but the problem arises from their abuse of the environment, he said. The Port Of Call groups next move is to contact the developers of Bahamas Terrace in an attempt to have a large dumpster installed for proper garbage disposal. Additionally, assistance is being sought to have San itation Services remove heavy bulk items, like an abandoned boat and a refrigerator, from the underbrush. Citing their efforts as an example, group member and owner-resident Ms Marianne Sussex encour aged other individuals or groups to adopt specific areas or communities on the island. In my eight years of visiting, Ive defi nitely seen an increased awareness and intense drive towards keeping Grand Bahama clean, the Cana dian observed. We hope that other residents can learn from our self-help project. May they become more sensitised to the environment and the need for all of us to keep it clean and preserve it, said Mr Mitchell. C M Y K C M Y K L OCAL NEWS T HE TRIBUNE SATURDAY, MARCH 6, 2010, PAGE 7 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM 52wk-Hi52wk-LowSecurit y Previous CloseToday's CloseChangeDaily Vol.EPS $Div $P/EYield 1.491.02AML Foods Limited1.021.020.000.2830.0003.60.00% 10.759.67Bahamas Property Fund9.679.670.000.9920.2009.72.07% 6.955.50Bank of Bahamas5.505.500.001,3000.5980.2609.24.73% 0.580.58Benchmark0.580.580.00-0.8770.000N/M0.00% 3.493.15Bahamas Waste3.153.150.000.1680.09018.82.86% 2.152.14Fidelity Bank2.372.370.000.0550.04043.11.69% 12.569.62Cable Bahamas12.4012.400.001001.4060.2508.82.02% 2.882.72Colina Holdings2.722.720.000.2490.04010.91.47% 7.005.00Commonwealth Bank (S1 6.766.760.00700.4190.30016.14.44% 3.652.21Consolidated Water BDRs2.522.620.100.1110.05223.61.98% 2.551.32Doctor's Hospital2.552.550.000.6270.0804.13.14% 7.805.94Famguard6.496.490.00-0.0030.240N/M3.70% 11.808.75Finco9.279.270.000.3220.52028.85.61% 10.409.75FirstCaribbean Bank9.949.940.000.6540.35015.23.52% 5.533.75Focol (S 4.774.770.000.3260.15014.63.14% 1.001.00Focol Class B Preference1.001.000.000.0000.000N/M0.00% 0.300.27Freeport Concrete0.270.270.000.0350.0007.70.00% 5.595.00ICD Utilities5.595.590.000.4070.50013.78.94% 10.509.95J. S. Johnson9.959.950.000.9520.64010.56.43% 10.0010.00Premier Real Estate10.0010.000.000.1560.00064.10.00% 52wk-Hi52wk-LowSecuritySymbolLast SaleChangeDaily Vol. 1000.001000.00Fidelity Bank Note 17 (Series A) +FBB17100.000.00 1000.001000.00Fidelity Bank Note 22 (Series B) +FBB22100.000.00 1000.001000.00Fidelity Bank Note 13 (Series C) +FBB13100.000.00 1000.001000.00Fidelity Bank Note 15 (Series D) +FBB15100.000.00 52wk Hi 52wk Low Symbol Bid$ Ask$ LastPrice WeeklyVol. EPS$ Div$ P/E Yield FINDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%B ISXLISTED& TRADEDSECURITIES AS OF: FidelityOver-The-CounterSecurities30 May 2013 29 May 2015 W W W.BISXBAHAMAS.COM| TELEPHONE:242-323-2330|FACSIMILE:242-323-232019 October 2022 Prime + 1.75% Prime + 1.75% 7%W EDNESDAY,32MARCH2010B ISX ALL SHARE INDEX: CLOSE 1,569.27 | CHG 0.10 | %CHG 0.01 | YTD 3.89 | YTD % 0.25BISX LISTEDDEBTSECURITIES (BondstradeonaPercentagePricingbases)Maturity 19 October 2017 7% Interest 52wk-Hi 52wk-Low Symbol Bid $ Ask $ Last Price Weekly Vol EPS $ Div $ P/E Yield 14.607.92Bahamas Supermarkets10.0611.0614.00-2.2460.000N/M0.00% 8.006.00Caribbean Crossings (Pref2.006.254.000.0000.480N/M7.80% 0.540.20RND Holdings0.350.400.350.0010.000256.60.00% 41.0029.00ABDAB30.1331.5929.004.5400.0009.030.00% 0.550.40RND Holdings0.450.550.550.0020.000261.900.00% 52wk-Hi52wk-LowFund NameNAVYTD%Last 12 MonthsDiv $Yield % 1.43871.3535CFAL Bond Fund1.44600.516.15 2.88692.8266CFAL MSI Preferred Fund2.90610.66-1.23 1.51811.4398CFAL Money Market Fund1.51810.715.28 3.20252.9343Royal Fidelity Bahamas G & I Fund3.20252.75-3.54 13.429612.6816Royal Fidelity Prime Income Fund13.42965.585.90 103.987393.1999CFAL Global Bond Fund103.98733.413.41 101.725496.4070CFAL Global Equity Fund101.72545.525.52 1.09431.0000FGFinancialPreferredIncomeFund1.09430.415.21 1.08011.0000FG Financial Growth Fund1.08011.134.56 1.09721.0000FG Financial Diversified Fund1.09720.605.40 9.57959.1005RoyalFidelityBahInt'lInvestmentFund PrincipalProtectedTIGRS,Series19.57955.335.33 11.236110.0000RoyalFidelityBahInt'lInvestmentFund PrincipalProtectedTIGRS,Series211.236112.3612.36 7.71714.8105RoyalFidelityInt'lFund-EquitiesSubFund7.6928-0.3147.51BISXALLSHAREINDEX -19Dec02=1,000.00 YIELD -last12monthdividendsdividedbyclosingprice 52wk-Hi -Highestclosingpriceinlast52weeks Bid$ -BuyingpriceofColinaandFidelity 52wk-Low -Lowestclosingpriceinlast52weeks Ask $ -SellingpriceofColinaandfidelity PreviousClose -Previousday'sweightedpricefordailyvolume LastPrice -Lasttradedover-the-counterprice Today'sClose -Currentday'sweightedpricefordailyvolume WeeklyVol. -Tradingvolumeofthepriorweek Change -Changeinclosingpricefromdaytoday EPS$ -Acompany'sreportedearningspershareforthelast12mths DailyVol. -Numberoftotalsharestradedtoday NAV -NetAssetValue DIV$ -Dividendspersharepaidinthelast12months N/M -NotMeaningful P/E -Closingpricedividedbythelast12monthearnings FINDEX -TheFidelityBahamasStockIndex.January1,1994=100 (S)-4-for-1StockSplit-EffectiveDate8/8/2007 (S1)-3-for-1StockSplit-EffectiveDate7/11/200731-Dec-09 31-Dec-09TOTRADECALL:CFAL242-502-7010|ROYALFIDELITY242-356-7764|FGCAPITALMARKETS242-396-4000|COLONIAL242-502-752531-Jan-10 31-Dec-09 31-Jan-10 26-Feb-10 31-Jan-00MARKETTERMS ColinaOver-The-CounterSecurities BISX ListedMutualFunds10-Jan-10 31-Dec-09 10-Jan-10 NAV Date 31-Dec-09 10-Jan-10 31-Oct-09 %(51$5'2*('(86RI 021$67(5<31$66$8%$+$0$6 Port Of Call residents tac kle dumping head-on T HE Bahamas Telecommunications Company has donated $100,000 to the Red Cross Haiti Relief effort. Acting president and CEO Kirk Griffin, vice president Antonio Stubbs a nd chief financial officer Paul M cClean made the presentation to C aroline Turnquest, president of the Bahamas Red Cross Association at a press conference yesterday morning. In addition to this donation, BTC also introduced a text to donate campaign Each One Reach One in the w ake of the devastating January 12 earthquake in Haiti. The campaign was very successful, raising more than $31,00 in text donations from BTC customers. The texting campaign allowed customers to donate in unlimited increments of $1, $ 3 and $5. B TC employees also donated to the cause in the amount of $3,100. I n the wake of the disaster, BTC r educed the outbound calling rates to H aiti to 25 per minute for customers using BTCs Hello long distance phone card. As a result, friends and familym embers are able to make calls to Haiti at a lower rate until March 31. On January 25, BTC participated in an earthquake relief telethon organised by the Bahamas Chamber of Commerce and the Rotary Clubs of Nassau. The company provided phone lines, e quipment and manpower for the event which was a stellar success, raising $250,000 for the victims in Haiti. T he company is also slated to assist the Ministry of Youth with its live conc ert and Haiti relief telethon on March 13 at the Rain Forrest Theatre. A statement from the company said: BTC is extremely grateful to its e mployees and the general public for their extraordinary compassion and rapid mobilisation in support of thise ffort. In the upcoming weeks, the organi sation will officially introduce its corporate charitable donation programme t o the public. BTC donates $100,000 to Haiti earthquake relief LIFE COACH Michelle Miller said she wants to help address the critical shortage of life skills among young adults in the Bahamas in an effort to counter anti-social behaviour and build positive attitudes. Her programme, LifeSkills242 Mentorship, is designed to be an inter-a ctive learning programme t hat engages young adults i n a wholesome, enriching and fun learning experience. It is structured as a six session series, scheduled to b egin March 13 at the Coaching Studio in theJ ovan Plaza, Madeira Street. D esigned for students in grades eight to 12, she said t he programme will impart fundamental skills to assist young adults in making selfsupporting decisions, ast hey deal with the confusion of transitioning into adulthood. Ms Miller saids he drew inspiration for the programme from her own struggles as a young person. Keeping young people o ptimistic, safe and out of trouble is just part of the s tory of the LifeSkills242 Programme, she said. What were really doing ish elping them to engage their thinking, learning and developmental capacity; p roviding invaluable skills that they will use for the rest of their lives. Ms Miller said the great est challenge facing this society today is that manyy oung people lack inspira tion and a sense of belong ing. The continuous episodes of anti-social behaviour sug g est that present methods for social competence are inadequate or ineffective. It is difficult, if not unreasonable to expect children to effectively navigate emotions, make positive decisions and reach for higher achievement if we have not adequately equipped them with the essential skills to do so, she said. Ms Miller said the fact that most education mod-e ls in the Bahamas are e xclusively focused on acad emic aptitude, leaves the development of healthy self-esteem and positive attitudes hanging in the bal ance. S he explained that the focus on academic compet-i tiveness has the tendency to lead to the negativel abelling of children who do not make top grades; inadv ertently encouraging low self-esteem and a lack of self-control. This in turn leads to anti-social behav-i our and aggression; which gradually mushrooms into violence and criminalb ehaviour. Through the LifeSkills242 Programme, she hopes to offer a message that builds a new, optimistic mindset amongst young adults; o ffering valuable lessons of self-awareness, self-esteem, anger management, criticalt hinking and emotional coping skills; ultimately helping them take responsibility f or the management of their attitudes and behaviour. The effectiveness of life skills education is interna tionally recognised and most developing countriesh ave incorporated it as a crucial component of the school curriculum. More information c an be found at email@example.com Mentorship programme to prepare young adults for life beyond the classroom THEEARTHQUAKEstruck Haiti in January. (AP RESIDENTS JOIN FORCES TO TACKLE DUMPING PROBLEM: Condominium residents and visitors of Port Of Call Drive pooled resources to clean-up their neigbourhood, collecting hundreds of bags of refuse. Shar e your news The Tribune wants to hear fr om people who are making news in their neighbour hoods. Perhaps you ar e raising funds for a good cause, campaigning for impr ovements in the area or have won an award.I f so, call us on 322-1986 and share your story.
B y BRENT STUBBS Senior Sports Reporter firstname.lastname@example.org THE headlines read the same as u sual: St. Augustines College Big Red Machine win another Bahamas Association of Independent Secondary Schools Track and Field C hampionships title. This time, the Big Red Machines rolled out of the Thomas A. Robin s on Track and Field Stadium with their 22nd consecutive title, carting off six of the eight divisional titles in a dominating 334.50 point margin o ver their arch-rivals Queens College Comets. St. Augustines College finished t he three day meet yesterday with a total of 1,361.50 points, winning the bantam, junior, intermediate and senior girls as well as the junior and senior boys. Queens College, who had beefed up their squad in a bid to dethrone S AC, took both the bantam and intermediate boys divisions as they had to settle for a disappointing second place with 1,027. While there was a two-way race for the top spot, third place was closer with St. Johns College Giants collecting 474.50, compared to St. Annes 449.50 for fourth. St. Andrews rounded out the top five with 357. SACs head coach William Knucklehead Johnson said it was a routine performance for his Big Red Machine squad. This one feel good, better than the rest, said Johnson as he watchedSACs athletes, coaches, officials and fans rush onto the field for another victory lap. Somehow, everyone felt that this year was their time, but we knew that we had a chance to widen the gap and I think that is what we did. Johnson said the key to their suc cess was to concentrate on the field events and while they did that, he admitted that they fell down in the distance events. Other than that, we had a well balanced effort and that made up for any mistakes that we had, he pointed out. All year long, the talk was about the challenge that the Big Red Machine would receive from the Comets. Looking at the final results, Johnson said they did well, but they just improved on the areas they didnt perform that well in last year. Better luck for next year, said Johnson as he hinted at coming back to defend their title again. Were going to be better than we were this year. Queens College coach Gary Markham said they just simply werent able to contain SAC. I know it sounds like a clich, but were disappointed in coming second, Markham stressed. Our first day wasnt so bad. We were behind by 57 points. But on our second day, we got messed...And today, we were ahead of SAC in most of the relays, so Im really pleased with today. SAC is an extremely talented team and we have a long way to go, he insisted. We had a lot of injuries that kept us back, but we dont have the depth that SAC does. We dont have the quality that they do, so we came second again. Its sounds like a bit of a habit right now. But we will continue to work on our weaker events. If they can only get the kind of consistency in the performances as SAC, Markham said Queens College will definitely be able to com pete for the top spot, rather than settling for second best. They were really out to compete. All credit to them. They competed well and they competed like cham pions, Markham stated. We can learn from them, but we will continue to knock on their door. Next up is the Bahamas Association of Athletic Associations Sco tiabank National High Track and Field Championships next weekend at the Thomas A. Robinson Track and Field Stadium. The Big Red Machine will be challenged by the CR Walker Knights in the senior division and the CH Reeves Raptors in the junior division. But Johnson said they are definitely going to be ready. C M Y K C M Y K SATURDAY, MARCH 6, 2010 THETRIBUNE SECTIONB INSIDE Hugh Campbell champions TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM THE SECURITY and General Buccaneers Rugby Club, the oldest club in The Bahamas, was presented a cheque from Bianca Zaiem of Bahama Joe's bar last week. Club Chairman Dorian Roach along with Captains Ryan Knowles and Jonathan Brownwere there to accept the cheque. Bahama Joe's has joined Security and General to aid in the development of young men through the coaching provided by the Buccaneers Rugby Club. Between the upkeep of the Winton Rugby Centre, uniforms & equip ment and travel, it costs a rugby team about $10,000.00 a year and not everyone can afford to pay that price to play rugby. That's why the spon sorship is key to not only keeping a club together, but providing an outlet for young men to play and develop their skills. We are very proud of the kids who have been a part of the club. We currently have the youngest team in the league and are able to give many of our youth and for mer youth players a lot of playing time. Bahama Joe's sponsorship allows us to con tinue to help and develop these young kids as athletes and young men, said Club President Dorian Roach. Buccs' Captain Ryan Knowles added, We have been extremely happy with the progression of our team over the last three to four years with the maturing of our youth players and also some new players to the game. We would like to thank Bahama Joe's for wanting to be a part of that. The Buccs take on Balliou on Saturday February 20th, and then travel to Freeport to play on February 27th. The full schedule can be found online at http://www.bucc srugby.net Security & General Buccaneers Rugby Football Club get another sponsor in Bahama Joe's Dwayne Robinson/ Photo PICTURED from Left to Right: Thomas Bethel, Dorian Roach, Bianca Zaiem, Jonathan Brown, Ryan Knowles and Loran Pyfrom. Big Red Machine champions again at BAISS HERES the results from the Bahamas Association of Independent Secondary Schools Sports Track and Field Champ ionships that concluded on Frid ay at the Thomas A. Robinson Track and Field Stadium: OVERALL SCORES St. Augustines College1,361.5 Q ueens College 1,027 S t. Johns474.5 St. Annes449.5 St. Andrews 357 N assau Christian Academy230 A quinas Colleg192 Kingsway Academy157 Temple Christian Academy 113.5 Jordan Prince William94 Charles W. Saunders 92 Faith Temple Academy66 Bahamas Academy57 Westminister College55 BAISS FINAL RESULTS ST. AUGUSTINES College Big Red Machine celebrates another Bahamas Association of Independent Secondary Schools Track and Field Championships title. F e l i p M a j o r / T r i b u n e s t a f f
C M Y K C M Y K S PORTS P AGE 10, SATURDAY, MARCH 6, 2010 TRIBUNE SPORTS SPORTS IN BRIEF B ASKETBALL M IAMI Associated Press J ERMAINEO'Neal called it, telling teammates in overtime that the next time someone drove the lane he would be there to take the charge. T hat someone was Kobe Bryant. And O'Neal delivered on his vow. O'Neal stood his ground with 18.7 seconds left in the e xtra session and Bryant w as whistled for an offensive foul. It was the final turning point as the MiamiH eat found a way to beat the Los Angeles Lakers 114111 in the NBA's wildest b ack-and-forth game this s eason. There were 19 ties and 31 lead changes, two more than a ny game in the league in 2009-10, and Miami's center stood tallest at the end. "He was there. He s tepped up," said Dwyane Wade, who led the Heat with 27 points and 14 assists. I saw it coming the whole way. That's J.O. J.O. not only protects the basket byb eing a shotblocker, but he also protects it because he can take charges. And that's great. Everybody did theirj ob tonight." Bryant went left, looking for a layup that would have t ied the game. Instead, O'Neal drew his team-best 19th charge of the season,C arlos Arroyo hit two free throws 0.3 seconds later to make it a two-possession game and Miami held on, w inning back-to-back home games for the first time since mid-January. Q uentin Richardson scored a season-high 25 points for the Heat, who got 17 from Arroyo, 13 from O'Neal and a 12-point, 11rebound effort from Udonis Haslem. "We have big-moment, big-player type guys that love to step up to a big challenge like this and aren't afraid of the moment," Heat coach Erik Spoelstra said. "Obviously, Dwyane is like that, Jermaine is like that. Udonis, Quentin will hit big shots. A lot of times it's a fight and an argument to see who's going to shoot the ball. They're not running from it. They want the moment." Bryant scored 39 points, including the overtime-forc ing jumper for the Lakers, who got 14 points from Derek Fisher and 13 points and 11 rebounds from Lamar Odom. It wasn't the offensive foul late that seemed to raise the ire of Lakers coach Phil Jackson but rather a foul call that he thought Bryant earned against Wade with a half-minute left in regulation and Los Angeles up by one. Bryant shot what was ruled an airball; the Lakers insisted Bryant was fouled. Instead, Richardson came down and hit a 3-pointer to put Miami up 99-97 with 11.1 seconds left in regula tion. "I'm sure he didn't shoot an airball. That's unconscionable that that call can't be made at that point in the game, because that's a shooter and there it is," Jackson said. "But they did n't call it and he had to do another miracle to come back and tie the game. But in the overtime, we had our chances." Wade gets 27, Heat hold off Lakers in OT 114-111 Dwayne Wade THE CC Sweeting Cobras celebrated their senior boys runners-up position in the recent Hugh Campbell Basketball Classic yesterday. At a special assembly, the administration and staff paid tribute to the team, coached by Mario Bowleg and led by Gari Larent. The Cobras lost out to the Tabernacle Falcons by one point in overtime. CC SWEETING COBRAS HUGH CAMPBELL RUNNERS-UP P a t r i c k H a n n a / B I S p h o t o B Y DENISE MAYCOCK T ribune Freeport Reporter d email@example.com FREEPORT The Tabernacle Baptist Falcons celebrated through the streets of GrandBahama in a victory motorcade on Friday. The Falcons of Tabernacle Baptist Christian Academy are the reigning basketball champions of the Hugh Campbell Basketball Tournament that was held New Providence at the Kendal Isaac Gymnasium on February 21. This is their second consecutive win and the sixth time that the Falcons have won the Hugh Campbell championship title. The win was an inspirational one for the team, which lost one its team members, Shaquille Hinds, who collapsed and died during basketball practice in January. A special assembly was held at the school on Friday to celebrate the outstanding accomplishment.M otivational speaker Michael Pint ard addressed the principal, administrators, teachers and students. At 12 noon, the players, students and parents participated in a motorcade from the school to Port Lucaya and to downtown. Cecil Thompson, Deputy Director of Education, commended the team for its outstanding record of wins at the tournament. Tabernacle Baptist Academy has the unique distinction of being the only school in the Commonwealth of the Bahamas that has ever won six Hugh Campbell Bas ketball Championships, he said. Mr Thompson said that many other senior basketball teams from Grand Bahama the former Hawksbill High, Grand Bahama Catholic High, Eight Mile Rock High, and Jack Hayward High have dominated the tournament over the past 28 years by winning more than 20 championships. Falcons celebrate Hugh Campbell championship THE TABERNA CLE Baptist Fal cons celebrated through the streets of Grand Bahama in a victory motor cade on Friday.
T he 46th annual Heart Ball held last month brought together hund reds of concerned citizens to help raise funds for children with heart disease and to honour Dr Donald Geracew ho was named the Lady S assoon Golden Heart award winner. Dr Gerace is the founder of the Gerace Research Institute in San Salvador. Her eceived recognition for his work on m arine biology, archeology and the environment of the Bahamas. Additionally, Dr Gerace is known for his contribution to the establishment of the Boy Scout troop 1492, and also for helping to rebuild homes after HurricaneF rancis. He also helped arrange scholarships for a number of Bahamian students, many of whom got full tuition grants to attend colleges and universities in the United S tates. Another highlight of the event was the unveiling of the Go Red for Women dress, designed by Indira Moss. T he committee certainly lived up to its p romise of an evening of fun, elegance, dancing, prizes and surprises. Guests thor oughly enjoyed the event, held under the t heme Give a gift of life, preserve a heart. The event took place on Saturday, Febr uary 13, at Sheraton Nassau. Guests d anced to the music of the Ed Brice O rchestra, the SG Band and the Royal Bahamas Defence Force Dinner Band. P ortia Nottage, Heart Ball Committee chairperson said: The foundation is grateful and thankful to all who haveh elped to make this event a success. Witho ut your support, we would not have C M Y K C M Y K L OCAL NEWS T HE TRIBUNE SATURDAY, MARCH 6, 2010, PAGE 11 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Heart Ball was a great success SEE page 12 C OMMITTEE m embers Rochelle Sealy and Claire Howarth. T r o y A i t k e n / P h o t o s
C M Y K C M Y K LOCAL NEWS PAGE 12, SATURDAY, MARCH 6, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Did you or a loved one get married recently? Or is that marriage about to take place? If so, send us a snap of your happy day and well publish it free of charge. Let everyone see how good you looked on that special day. SEND YOUR PHOTOS TO TRIBUNE@TRIBUNEMEDIA.NET INCLUDE DETAILS OF THE HAPPY COUPLES NAMES AND WHERE THEY WERE MARRIED. made it. We look forward to y our continued support as we help to repair the hearts of children, and put smiles ont heir faces and those of their families, one child at a time. There were lots of prizes a nd surprises. The silent auc tion featuring more than 40 items, was a great success. The most coveted prizes were jewellery, in particular the sil ver necklace with marsonite pendant from Godet's Jewellery. The room raffle was a great success as well. The first prize included: a round-trip World Traveller Plus ticket to London donated by British Airways; an anonymously donat ed diamond ring; a painting, Morning Glory, by Nettica Symonette; and a Baum and Mercier watch, donated by Colombian Emeralds. The second prize winner got a Cartier Trinity Handbag from Cartier at John Bull, a pearl and Diamond 18k bracelet donated by Fondas Jewellers, a whole body scan donated by the Centreville Medical Pavilion, and a paint ing, Love Bird Seagulls by Clifford Fernander. The third prize winner won a 21 Toshiba Flat Screen TV, an Astengo de Lama neck lace, a wellness assessment by Dr Graham Cates, and a three-day/two-night stay at Sammy T's Beach Resort in Bennet's Harbour, Cat Island. The ballroom was decorat ed by Stefan J L Rahming of Events by Stefan. Table favours were provided by Maria Antoinette of Special Events and Milo Butler and Sons Ltd. The Sir Victor Sassoon (Bahamaswas established in 1961 to assist persons with heart disease. Today, the foundation's main goal is to assist children who need heart care. Dona tions are accepted throughout the year to help this cause. To make a donation, volunteeror obtain more information, call 327-0806. Hear t Ball was a gr eat success FROM page 11 GO RED Dress designer Indira Moss with Heart Ball Committee & Heart Association presidentNellie Cox PORTIA Nottage gives opening speech. RE BARNES presents the Lady Sassoon Golden Heart award to Dr Donald Gerace. HEART Doctors (l-r Duane Sands, Mark Weech and Jerome Lightbourne. MISS GOSPEL Bahamas (right