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.212FRIDAY, AUGUST 6, 2010 PRICE 75 (Abaco and Grand Bahama $1.25 WEATHER ABUNDANT SUNSHINE HIGH 92F LOW 80F The Tribune THEPEOPLESPAPER BIGGESTANDBEST BAHAMASEDITION McCOMBO OF THE DAY N E W www.tribune242.com By TANEKA THOMPSON T ribune Staff Reporter tthompson@ tribunemedia.net S TUDENTS sitting mathemat ics and English courses in this year's Bahamas General Certifi c ate of Secondary Education exams (BGCSE age grades of Eand D respec tively. Still, mathematics and English are part of 16 subjects that showed some improvement in grade point averages compared to last year, including art and design A, art and design B, art and design C, biology, bookkeeping and accounts, chemistry, economics, food and nutrition, French, graphical com munication, literature, office procedures, physics and religious studies. The mathematics and English test scores reflect an issue of "national concern" highlighting the need for continued emphasis on improving literacy and numeracy skills in students, said Education Minister Desmond Bannister yesterday. By TANEKA THOMPSON Tribune Staff Reporter email@example.com GIRLS were awarded more grades than boys in all letter categories of this year's Bahamas General Certificate of Secondary Education exams (BGCSE The grade disparity between male and female students sitting the national secondary exams may be due to the fact that there are more girls than boys enrolled in schools throughout the country. However, Education Minister Desmond Ban nister said his ministry will have to review the numbers to determine if there is a link between boys' enrolment in the exams and drop-out rates. This year, 6,960 students registered to sit the exams, and 26,916 grades were awarded 16,233 of those grades were earned by girls compared to 10,683 for boys. Of the 2,070 A grades given this year, girls captured 1,377 while boys received 693. Of the More girls are making the grade than boys EXAMRESULTSREVEALPOORSHOWINGINENGLISHANDMATHS SEE page 12 SEE page 12 By ALISON LOWE Tribune Staff Reporter firstname.lastname@example.org ASSERTING that no public officer may self appoint or otherwise assume appointments to legal officer positions in the public service, the Attorney Generals Office yesterday responded to claims that embattled former Deputy Director of Public Prosecutions Cheryl Grant-Bethel has taken on the role of the Director of Public Prosecutions whether the Government agrees or not. Leroy Sumner, acting Permanent Secretary in the Office of the Attorney General, issued a rebuttal yesterday of the statements made by Mrs GrantBethels attorney Wayne Munroe and published in yesterdays Tribune in which he alleged that Mrs Grant-Bethel, former Deputy Director of Public Prosecutions, now con siders herself to be working as the Director of Public Prosecutions. Mrs Grant-Bethel has been issued assignments in her capacity as Deputy Law Reform and Revision Commissioner and not otherwise. She has no assignment in the Department of Public Prosecu tions, he said. The former Deputy Direc tors decision to take this stance comes despite the fact that As Office hits back at statement b y Cheryl Grant-Bethels attorney SEE page 12 TEST SCORES REVEALED: Desmond Bannister B y NOELLE NICOLLS Tribune Staff Reporter email@example.com THERE is no end in sight for the Cotton Bay Estates project in Eleuthera, even as man agers are actively engaged in planning and reorgan ising, according to project developers. Eleuthera Member of Parliament, Oswald Ingraham, said he hoped the development would be ready for the 2011 season. We were all disap pointed it came to an abrupt end, and given the economic situation, we were hoping and praying something happened whereby it could be continued and completed. That is being done. In addi tion to buildings being completed, they are now doing the golf course, which will create additional amenities to attract visitors, we hope, said Mr Ingraham. Construction is under way on the club house and pool area, as well as the golf course, confirmed Donovan Henry, the projects quantity surveyor. However, all contractors are generally on hold, while project plans are No end in sight for Cotton Bay Estates project SEE page 12 B y AVA TURNQUEST Tribune Staff Reporter firstname.lastname@example.org DETERMINED to walk a way with a finalised document to present to their respective groups, externala rbitrators and negotiating t eams for the College of the Bahamas and theU nion of Tertiary Educators of the Bahamas toiled late into the night yesterd ay. Up till press time, the g roup was still in heated discussions concerning a number of appendices,w hich arbitrators described insubstantial items concerning assessments. T oday, after two years o f public dispute, demands and allegations, strike action, a pending legal suit, a nd ultimately external arbitration, the negotiating teams for the College oft he Bahamas and the U nion of Tertiary Educators of the Bahamas are expected to have an indust rial agreement document. However, in a press conference yesterday after n oon, held too prematurely to announce its completion, external arbitrators forewarned neither party g ot what they wanted. The four year agreement has over 100 clauses, b ut includes no salary increases which, prior to external arbitration, wass aid to have been at the root of the deadlocked discussions, in addition to COB and union set to reach agreement SEE page 12
THE young stars of Stand ing Ovation, this summer's hot musical movie that has topped charts and kept 'tween twitters tweeting, will perform live in Nassau on Sunday with proceeds benefiting the Ranfurly Homes for Children. "We are really excited about bringing the show to Nassau, the first international appearance following a magical national tour and for many of these kids, their first time out of the United States. They are as excited about coming to the Bahamas as we are about the opportunity to showcase their talent," said Diane Kirman, producer of Kenilworth Films. "The only thing that could have made it better is to have done it in February when the snow is on the ground up North and the sun is shining in Nassau." Sunday's event will be held at the British Colonial Hilton beginning with a Junkanoo Rush-out from the gardens into the hotel, up the grand staircase and into the Governors Ballroom for the hour-long per formance. Show-goers, including youngsters, can join the One Family Junkanoo group for the rush-out that begins at 3pm. Standing Ovation, the movie with 20 original songs and 13 never-before seen dance numbers, is the story of two groups of students vying for a $1 million prize. Along the way, the young performers, ages 8 18, battle fierce competition tinged with moral struggle and learn the deeper meaning of loyalty, honesty and courage. And while Standing Ovation has been called "the feel good movie of the summer," organisers of the Nassau event said the cast and crew believe the cause behind Sunday's performance was the "feel good event for the year." Thrilled "We have heard so much about the Ranfurly Home for Children and what it has meant over the years to those young people who had no other place to call home," said Ms Kirman. "We heard the song Love That Child written by a young man who grew up at Ranfurly, went on to college and a good career and is now donating the music to raise money for Ranfurly, a project that we understand is being sponsored by Bank of the Bahamas. We are thrilled he is going to perform it for the first time live on Sunday. Some of the residents of Ranfurly are going to perform in the number that Lisa McCartney of the Meridian School in Nassau is staging with our cast." Working with local partners, including the Ministry of Tourism and the Bahamas Film Commission, is not new for Ms Kirman, who made two movies earlier in her career in Eleuthera. "Local partnerships are important wherever you go," she said, "but they are so great in a place like the Bahamas where there is an incredible amount of talent at every turn." Tickets for Sunday's live performance are $5 for those with a movie theatre stub and $10 without. All proceeds are going to Ranfurly Homes for Children, Mackey Street, which is presently home to 33 boys and girls who have food, warmth, safety and friends they can call family. Tickets are available at the Ranfurly Home, The Jukebox in the Mall at Marathon and at the door. The movie is playing at Galleria Cinemas, Mall at Marathon. C M Y K C M Y K LOCAL NEWS PAGE 2, FRIDAY, AUGUST 6, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM By NOELLE NICOLLS Tribune Staff Reporter email@example.com HIGH school students from the inner city community of Farm Road are taking advantage of a rare opportunity to learna bout the countrys natural resources and indigenous skills during a two week leadership camp in Andros. So far, they have visited one of the top geological sites in the world, the JoultersC ays, and witnessed first hand the little known fact that flamingos live in Andros. Fifteen students are taking part in the inaugural Island Stewards Camp, under t he theme Tunga i Tungasana, which means: building up the community is the collectives responsibility in the Kikongo l anguage of the Democratic Republic of t he Congo. It was organised by The Indaba P roject, a non-profit community improvement effort, and the Bahamas Sportfishing and Conservation Association (BSCA Today many of our children in the Bahamas lack knowledge of their culturalt raditions; they are disconnected from the w holeness of the natural environment surr ounding them; they suffer economic marginalisation and view themselves as having little value, said Mtumwa Cleare, one of the programme co-ordinators. The programme is designed to deepen t he childrens understanding of the country i n which they live, strengthen their ability to function in it, and enhance their appreciation, love and enjoyment of it, said Mr Cleare. A nfrenee Nordelus, a participant in the camp, said: In school, I learned that f lamingos were our national birds; they like swampy areas to live out of; when they eat they come upside down; and, they live in Inagua. I didnt believe (the volunteers at the camp) at first when they said flamingos live in Andros. When I go back to Nassau I think some of my teachers will believe me, but not all, but I have witnesses so they have to. And I can bring the pictures. It was very pretty to see them; they run on top of the water. Inagua is famous for f lamingos, but I think they need to protect the flamingos in Andros as well. A t the start of the camp, 70 per cent of the children did not know how to swim. An even higher percentage was apprehensive about the water, said Mr Cleare. I am afraid of things under the water sharks, barracudas, wild dolphins and s tingrays. I rather swim in a pool and (near the shore) by the beach because I know nothing is under the water, said Angela Bessard of her feelings at the start of the camp. When I saw everyone else in the water and they didnt get bite, I was able to go, she added By the end of week one, almost all the p articipants were confident about swim ming without life vests in the open water oft he Andros Bights. They went swimming on the beach in North Blanket Sound, in the Great Bahama Bank on the West Side of Andros, and in the Joulters Cays. They jumped off a dock in Stafford Creek, and jumped off the cliffs in Uncle Charlies Blue Hole. Swimming could help me because some of the jobs have swimming on it, plus I could save people when I go on the beach. I could save myself. When I used to go to the beach I would b e dead scared of the water. I would stick to the sand, building castles. Now I know how t o swim and my friends would realise they c ould learn how to swim too; I could help teach them, said Angela. The swimming component of the camp was about much more than just teaching the participants how to swim, said Ean M aura, another camp organiser. He said it was also about making the children more comfortable in their own environment. To be intimidated of the water when so much of your country consists of the water means you will never be able to fully use all of the resources for your benefit. If you truly want to be independent, you h ave to know what resources you have so you can make arrangements to use them to y our benefit, said Mr Maura. We only use the natural resources in t he country to give pleasure and to create wealth for non-Bahamians. A large part of this adventure was allowing Bahamians of African descent to find out there is so much more in the Bahamas they do not talk a bout in the books. There are no books that talk about flamingos in Andros; or the existence of blue crabs, and all of the opportunities available to Bahamians. Now there is g reater potential for it to be in the books b ecause these young people are exposed to i t. It opens their mind up to the opportunities, he said. Andros adventure Standing Ovation cast to perform live on Sunday to benefit Ranfurly SHOWING THEIR MOVES: Young stars of Standing Ovation will perform live in Nassau on Sunday with proceeds benefiting the Ranfurly Homes for Children. Students taking part in two-week leadership camp LIMBERINGUP: Students (above and below morning swimming session at the North Blanket Sound beach, Andros. N o e l l e N i c h o l l s / T r i b u n e s t a f f P hoto: The Indaba Project and the Bahamas Sportsfishing and Conservation Association FLYINGFORMATION: Participants in the Island Stewards Camp visited wild flamingos on the West side of Andros.
By ALISON LOWE Tribune Staff Reporter firstname.lastname@example.org A Grand Bahama High School student has become only the second student from that island and the sixteenth in the country to be awarded the Bahamas top academic honour the All Bahamas Merit Scholarship. Clifford Bowe, Jr, a gradua te of Bishop Michael Eldon High School plans to use the scholarship to attend the Georgia Institute of Technology (Georgia Tech est ranking engineering school in the United States, where he will major in mechanical engin eering. Clifford called the award an honour and a privilege, saying he intends to be the bestm echanical engineer the world h as ever seen. T he All Bahamas Merit S cholarship is an undergraduate scholarship awarded annually t o a student deemed to be the single most outstanding applic ant from a Bahamian high school starting college that Fall,a nd is worth up to $35,000 a year. The award is co-spons ored by the Lyford Cay Foundation, the Bahamas Ministry of Education and the Central B ank of the Bahamas. Of the last 16 scholarships a warded, including Cliffords, 11 have gone to boys, and five t o girls. Addressing the media, education officials and students yesterday to announce the winner of the award and other finalists, Education Minister Desmond Bannister described Clifford as an outstanding s tudent who has impressive academic credentials which area ccentuated by his maturity and focus, leadership and partici pation in community activities. The son of Clifford Bowe Sr and Chrishna Bowe, Clifford a chieved ten Bahamas General Certificate of Secondary Edu c ation (BGCSE passes. He also earned top s cores in chemistry and physics in 2009 and has a grade point average of 3.7 and SAT scores of 2,060. Clifford was also the only s tudent in Grand Bahama to pass three advanced placements( chemistry, calculus, English language and composition) and is a member of the Governor Generals Youth Awards Pro gramme, the Anchor Club and K ingdom Culture Junkanoo Group in Grand Bahama. C lifford thanked the sponsors of the award, as well as his p arents for giving him so much love and support, and made a solemn pledge to live up to the expectations of those who selected him for the honour. A lso honoured yesterday were: John Alao, St Annes High School; Chantell Adderley, St Augustines College; N oelle Sawyer, St Johns College; Chelsea Saunders, St Andrews High School; Ella Guest, Lyford Cay School, and Alec Nabb, Grand BahamaC atholic High School. Each of these students, said Mr Bannister, achieved a grade point average of between 3.7 a nd 4.0 and they will receive a one-off award of $15,000 towards their future studies. John Alao said the money will help him pursue his dreamo f studying cardiothoracic surgery at the University of Miami, while Noelle Sawyer said she intends to study mathe matics and history at Vassar College, New York, before returning to lecture at the College of the Bahamas. M r Bannister said: The most notable qualities the winn ers have in common is their commitment to serve their c ountry through their talents and their quiet determination. Let us celebrate as a count ry the fact that our country is a mere 37 years old, yet our edu-c ational system can produce students that compete with t hose of any developed society in the world. The success of our s tudents is the success and the future of our Bahamaland. C M Y K C M Y K LOCAL NEWS THE TRIBUNE FRIDAY, AUGUST 6, 2010, PAGE 3 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM By DENISE MAYCOCK Tribune Freeport Reporter email@example.com F REEPORT Some patients in need of medication were unable to fill their prescriptions at theR and Memorial Hospitals pharmacy this week b ecause of the unavailability of certain prescription d rugs. A patient at the Rand went to fill two differentp rescriptions but was informed by pharmacy s taff that the medications were not in stock because they could not be obtainedf rom the supplier. A sked to comment on the situation, hospital administrator Sharon W illiams said: We do not have a shortage, we are outo f Neurontin and a low d ose aspirin in the pharmacy at this time because our supplier is out of stock, but all other medications we h ave in stock. There is nothing the hospital can do if our supplier is out of a certain drug and we get our drugs from the Bahamas National Drugs. A lthough patients would n eed a prescription for Neurontin, which is pre s cribed for nerve pain, Ms Williams said a low dose a spirin can be purchased over the counter at manys tores and any local pharmacy. Renovations W hen asked about reported disruptions of service at the hospitals outp atient clinic, Ms Williams said renovations were being carried out in the area and some patients d octor visits had to be rescheduled when condi tions became unbearable. P atients reportedly wait ed several hours to be seen by a doctor, only to be told they should return the following the day. Over the last few weeks we were renovating thea rea and we downsized the clinic for the day when conditions became unbearable for staff and patients,Ms Williams said. There was a time when contact cement was being used and you could smell fumes so we stopped seeing patients and rescheduled them. Ms Williams said the outpatient clinic is being relocated to a building on Coral Road. We expect the building to be completed in the next two weeks. We have all of the equipment and furnishings and we are only waiting on IT services, telephone and other utilities to be finalised, she said. Patients told some drugs out of stock Cliffords high honour E MOTIONALMOMENT: C lifford Bowe, Sr, the father of All Bahamas Merit Scholar award winner, Clifford Bowe III, hugs his teary-eyed wife at yesterday's press conference. B y NATARIO McKENZIE Tribune Staff Reporter firstname.lastname@example.org TWO men charged in the murder of a man on Exuma earlier this week werea rraigned in Magistrates Court yesterday. Jermaine David Smith, 34, alias David Jermaine Smith; a nd Darrell Marshall, 30, are c harged with the murder of Cely Smith Sr. Smith, 45, was shot at his home in Stuart Manor, Exu-m a shortly after 7.30am on Sunday. He later died of his injuries at a local clinic becoming the c ountrys 55th murder victim f or the year. Jermaine Smith, of Stuart Manor; and Marshall, of George Town, Exuma, weren ot required to enter a plea during their arraignment before Magistrate Jeanine Weech-Gomez in Court One, B ank Lane. T wenty-one witnesses are listed on the court dockets. The case was adjourned to August 31 and transferred to Court Five, Bank Lane. A ttorney Jomo Campbell, who appeared on behalf of Smith, told the court that his client and Marshall, who wasr epresented by attorney T Shura Ambrose, were slapped about by CDU officers. Magistrate Weech-Gomez o rdered that both men be seen by a doctor. The accused were remanded to Her Majestys Prison, Fox Hill. T wo charged with Exuma murder RIO DE JANEIRO An explosion on a Bahamian ship docked for repairs in Brazil has killed three workers and injured five others, according to Associated Press The blast happened late Monday on the Auk Arrow while it was at a port in Niteroi, across the bay from Rio de Janeiro. The Brazilian navy said in a statement Tuesday that the injured were hospitalized, but their condition was not immediately available. The workers were all Brazilians employed by the shipyard. Navy officials said the investigation will take up to 90 days. Explosion kills 3 workers, injures 5 on Bahamas ship In brief OUTSTANDING: Clifford Bowe III, a graduate of the Bishop Michael Eldon high school in Grand Bahama and the recipient of the All Bahamas Merit Scholar award, thanks the Ministry of Education, the Lyford Cay Foundation and Central Bank for his scholarship. ALL BAHAMAS MERIT SCHOLARSHIP Grand Bahama student gets top academic award T i m C l a r k e / T r i b u n e s t a f f T i m C l a r k e / T r i b u n e s t a f f
EDITOR, The Tribune. Now that the government has exercised moderation in the increase of customs duties in the automotive sector, it is hoped that the persons who are most affected by all decisions made by the government would find their voices, before, such decisions are made and that there would be more consultation. However, the issue of how many persons are dependant upon the government will be an ongoing problem when any attempt at social articulation is attempted. It would seem that interests on both side of the political system have no intention of getting the poor man or the little man out of his predicament as long as the status quo is maintained. It has been conjectured, by some that initial increases were put for ward to put a hurt on the local churches because of their oppo sition to the legalisation of gam bling, a sort of see what you caused us to do response, but those voices cannot prove that this is factual. I would like to put forward the view that the little man or poor man argument is the chief source of the confusion in the inability of the government to see clearly regarding the duty on automotive vehicles. There are two distinct automotive markets in the Bahamas, one is supplied by franchised deal ers and the other by smaller companies that really do not have the same level of respon sibility as the franchised dealers. There was an earlier argument that pitted the recognised dealers against the Japanese Direct car sellers, where the franchised dealers rightly argued that persons who were selling a certain number of vehicles should be providing service and parts for what they were selling. Their position was seen as an attack on the small man. The governments failure to find an equitable solu tion to this problem, resulted in a rapid expansion of the Japanese used car market, to the extent that anyone with a computer and some money became a car dealer overnight. It did not end there, some of the franchised dealers said to themselves if you cant beat em, and since they had more buying power, it really burst the market wide open. For a while it was really competitive and the buying public benefited, but there was an underlying problem as both groups had a problem getting parts for these vehicles on a timely basis, and this predica ment has not changed. The people in government who made the initial decision on the duty increases did not do their homework. They saw the amount of revenue that these vehicles were bringing in but they paid no attention to the number of vehicles. They should have answered the question: Is the revenue from an Asian specifications vehicle comparable to the revenue derived from a vehicle in the other category? and they would have found that it takes a couple of the former to equal the revenue by a single vehicle in the latter category. The amount of storage space taken up by these two vehicle groups should have been another cause to say hummmmm. Japanese vehicles are quality products, but any product has to have the support of parts and service, but most of these vehicles are not supposed to be exported outside of their coun try of origin, and some of them have options and features that are very advanced, even in a modern culture like the Bahamas. Even though the features can be appreciated the technology to support and repair is not available. Prior to their being dumped in the Caribbean it was more convenient for these vehicles to be scrapped and recycled because they could not pass the strin gent requirements to be on the road in some Asian and Euro pean counties, Japan and the United Kingdom in particular. The conundrum the government finds itself in also presents an opportunity for them to reflect on what is happening with this particular segment of the automobile market. If I had to make the decision I would significantly increase the duties on all Japanese Direct vehicles, because they place a greater burden on the local infrastructure. Not to mention the con sternation associated with the attempt to take one of those vehicles into a dealership that did not import it. The government will have to look at the number of vehicles imported, especially in Nassau. To say that there are too many cars in the New Providence is like saying Bahamians like politics. We are facing a problem in that environmental concerns associated with motor vehicles are not being addressed properly and no administration present or previous have given this issue the priority it deserves. Just look at inspection stations in the country. Some time back a report surfaced that high lighted the high susceptibility that our women have to certain forms of cancer. It is common knowledge that the automobile produces more than its share of carcinogenic substances and one that is not being properly maintained dispenses a lot of stuff into the environment. Guess who does most of the driving in the country on a dai ly basis? Is there a possible link? It is time for us to see our decisions as more than just attempts to raise capital or bal ance the budget, there are some extenuating circumstances that impact our society at a funda mental level, and this is a reali ty that leaders have to contemplate as they make decisions. EDWARD HUTCHESON Nassau, June 3, 2010 EDITOR, The Tribune As hundreds of thousands of containers pour into our country, so do a myriad of pests, insects, snakes and lizards make their entry across our borders. The invasion of non-native lizards has become so prevalent, that its beginning to wipe out our charming and indigenous curly tail lizard. They consistently devour the eggs and young of the curly tail and thus we see an extensive diminishing of this native specie. B ut this is not the only observed negative and worrisome behaviour of these creatures. They are laying claim to our homes as well with a furious aggression; they have no regard for the sanctity of our dwellings and unceremoniously enter through even impossible ways. O nce inside, and devoid of any potty training habits, they p roceed to defecate any place and every where, on table tops, walls, curtains, windows, floors, etc., etc. Their faeces leave an unsightly mess which has to be attended to on a daily basis. They seem to be immune to t he ordinary household pest controls and gleefully carry out t heir playful, fighting and mating habits with total impunity. They constantly give birth to young who seem to feel they are the preferred indoor pets. The lovely and native curly tail has never presented any con cern for us in this manner; they live contentedly outside and give us simple joy to observe. As these containers enter our country, we seem to be basically only concerned about contraband, including illegal drugs and possibly illegal aliens. But there are many other unwanted and potentially destructive live agents which enjoy a free trip into our land to create a new home for themselves. Just observe what has happened to most of our glorious hibiscus flowers; they are rapidly becoming an extinct species in on our island. This has come about due to the indiscriminate importation of plants with this almost totally indestructible biological agent. The only known agent to eradicate, or at least levy some control over, this infestation is another harmless biological agent. At present the Ministry of Agriculture is solely respon sible for taking action in this regard. Yet the powers that be in that sector seem not to mind if that adorning beauty of our islands totally disappears. Over the past five years or so, we have seen a number of strange and non-indigenous snakes about the island. Im told that they enter mainly through the importation of sod where eggs and young hide amidst the grass and then make their way throughout the island. If it has not already come about, we will sooner than later have poisonous snakes with which to contend within our borders. Now I am reliably informed by one of our major pest con trol companies on the island that this phenomenon of importation of foreign and destructive species can easily be controlled. There is a standard obligation that any container leaving the Bahamas for the US or other destinations must undergo effective fumigation before its allowed to leave port. This same obligatory procedure should be required of any other country sending these thousands of containers into our country. The health and safety of our people depend on this simple requirement and it is reprehensible and negligent on the part of our authorities to allow others to so easily and blatantly disregard our wellbeing. I call upon the Ministry of Finance, Ministry of Health, Ministry of Agriculture and any other agency in the country whose business it be to scrutinize what crosses our borders to expeditiously attend to this matter before it becomes a national catastrophe. As the method of transporting goods i nto our land by way of containers, and as container ports e xpand rapidly, as they are so doing, a comprehensive overview must be taken in order to eliminate all foreign agents, and not just illegal aliens and drugs from invading our sovereign nation. It is highly c ommendable what the Ministry of Agriculture is doing in e levating farming to the dignity and status it deserves in our land; it is indeed a profession befitting the highest priority of attention. However, these admirable efforts would be all in vain if precautions are not taken to protect our productions from unwanted and dan gerous predators from abroad. JOSEPH DARVILLE Freeport, Grand Bahamas, August 1, 2010. C M Y K C M Y K EDITORIAL/LETTERS TO THE EDITOR P AGE 4, FRIDAY, AUGUST 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 Circulation Department (242 WEBSITE www.tribune242.com updated daily at 2pm WASHINGTON The Pentagon demanded Thursday that WikiLeaks "do the right thing" and remove from its website tens of thousands of classified documents about the war in Afghanistan, and return to the military thousands of others that it has not yet made public. Geoff Morrell, the Pentagon press secretary, said the website's disclosure last weekof a six-year archive of some 77,000 documents gave the Taliban and other militant groups insights into American military tactics and techniques, showed how the United States protects its troops in war zones and revealed the names of Afghan informants and how the military cultivates them. Most of Morrell's briefing focused on the information WikiLeaks had already made public. But Pentagon officials are especially concerned about 15,000 additional documents that WikiLeaks has withheld so far to remove identifying information. ''Public disclosure of additional Defense Department classified information can only make the damage worse," Morrell told reporters at the Pentagon. "We are asking them to do the right thing. We hope they will honor our demands and comply with our demands." Morrell's appeal is the Obama administration's latest response to the disclosure, which has set off a criminal inquiry by the Army and the Federal Bureau of Investigation, prompted a sweeping Pentagon review of the documents to hunt for any information damaging to troop safety and national secu rity, and increased pressure on President Barack Obama to defend his war strategy. Morrell said the Pentagon had formed a team of 80 analysts from the military and the FBI who are working around the clock to vet the documents for damaging informa tion. So far the team, which is expected to increase to about 125 people in the coming days, has conducted about 400 "key word" searches through the 77,000 disclosed documents. When those searches turn up information, Morrell said, it is set aside for further analy sis. After this initial review is completed, the Pentagon will conduct a separate "page by page, word by word" review of each and every document, he said. When the teams find information "of concern," the Pentagon notifies the foreign government involved, he said. If the information identifies Afghans who provided information to allied troops or otherwise associate with the troops, the military notifies its head quarters in Kabul, which in turn is taking undisclosed steps to safeguard those peo ple. Morrell said that if asking WikiLeaks respectfully did not work, the Pentagon would resort to other steps, which he did not describe. "We will figure out what other alternatives we have to compel them to do the right thing," he said. When asked why the Pentagon waited until now to ask WikiLeaks to return the undisclosed documents and remove the posted information from its website, Morrell said senior officials had been deliberating about what steps to take. ''The only acceptable course is for WikiLeaks to take steps immediately to return all versions of all of these documents to the U.S. government and permanently delete them from its website, computers and records," he said. Neither Julian Assange, an Australian computer specialist who founded WikiLeaks, nor a spokesman for the website replied to email messages on Thursday requesting comment to the Pentagon demand. The New York Times, the British newspaper The Guardian and the German magazine Der Spiegel, after being given early access by WikiLeaks, published excerpts but excluded those that identified individuals or compromised operations. The Times also agreed to forward a request by the administration urging WikiLeaks not to post online any documents that would put informants in jeopardy. Last week, WikiLeaks posted an enormous, 1.4-gigabyte file on a file-sharing net work and on the Web page where it pub lished the Afghan war logs. The file is encrypted and entitled "insurance file." Cryptome, another website that posts gov ernment documents, said it was making a copy of the encrypted file and speculated that it might contain other confidential doc uments, "pre-positioned for public release" via a password that would be made public in the event that WikiLeaks was taken down. The military has charged an intelligence analyst, Pfc. Bradley Manning, with downloading large amounts of classified information from a computer at a base in Iraq and send ing it to WikiLeaks, which operates from servers scattered across multiple countries and solicits "classified, censored or otherwise restricted material of political, diplomatic or ethical significance." Military officials have said that Army investigators also consider Manning a "person of interest" in the investigation into the website's most recent disclosures. (This article is by Eric Schmitt c.2010 New York Times News Service) Foreign species are invading the Bahamas LETTERS l email@example.com Pentagon wants leaked documents removed The need for voices to be heard
By DENISE MAYCOCK Tribune Freeport Reporter firstname.lastname@example.org FREEPORT While five men have been formally charged in the Magistrates Court in connection with the armed robbery of the Freeport Jewellers store, Grand Bahama police are still searching for one more man who is wanted for questioning. Police are asking for the publics assistance in locating 29-yearold Rashad Forbes, 29, of No 10A Tasman Circle. Forbes was one of three men that were being sought by police. Jernardo McPhee, 22, and Renaldo Jolly, 25, were arrested and charged in the Freeport Magistrates Court. Police are thankful for the assistance provided by the public which led to the arrests of Jolly and McPhee, said ASP Hector Delva. We are requesting the publics continued assistance in locating Rashad Forbes who remains (at large Jolly was charged with abetment of armed robbery. Also charged with him were Maddio Rashad Cash, 25, Garret Jerome Hunt, 24, and Kendal Rohalia Saunders, 27. They all pleaded not guilty to the charges. It is alleged that on July 23, while at Freeport, the men being con cerned together abetted in the armed robbery of the Freeport Jewellers. McPhee was charged with armed robbery. According to reports, some $150,000 worth of jewellery was stolen from the store in the International Bazaar. The men pleaded not guilty and were each granted bail in the sum of $7,500. The matter was adjourned to December 13. By NOELLE NICOLLS T ribune Staff Reporter email@example.com HAITIAN Ambassador L ouis Harold Joseph is urgi ng Bahamians to take a dvantage of investment opportunities in Haiti before t hey are captured by other interest groups. There are a lot of opportunities there. If we dont g o, the Americans, Canadia ns, Europeans will go. Trade is a good way to assist and help Haiti, to create opportunities. Let us put H aitian and Bahamian businessmen together to invest i n Haitian agriculture and construction. That is very important, said Ambass ador Joseph. There are opportunities i n agriculture. Many Bahamians call to ask how they can import from Haitia nd many Haitians also call me to see how they can export to the Bahamas. T here are opportunities and that is why it is important top ut the two people together, he said. Talks B ilateral talks between b oth governments are ongoing with the objective of cre a ting a memorandum of understanding (MOU cussions were pushed back, however, due to the devas tating January 12 earthquake. We proposed something t o the government in 2007 and they are supposed to write a counter proposal. B ut because of the earthq uake that MOU is not on t he front burner of both governments, because of the reconstruction, but sooner or later we will talk about t hat again, said Ambas sador Joseph. The MOU would facilitate, among other things, the export of mangos and other a gricultural products from Haiti to the Bahamas. M angos are one of Haitis m ain agricultural exports to t he North American mark et. A technical team from t he Ministry of Agriculture visited the island nation last D ecember to inspect Haitian installations to treat m angos and discuss plans of expanding trade relations. We are in the process of rebuilding the country. There are a lot of opportu nities in construction right n ow in Haiti and I think b usinessmen in construction s hould organise themselves t o see how they could get t heir share of the cake in H aiti. Imagine, in the next ten y ears we are going to spend billions and billions to rebuild the country. Haitian builders cannot do that job themselves, they need partners, said Ambassador Joseph. Some of the work included in the reconstruction e ffort is the clearing of 20 m illion tonnes of rubble, p roviding temporary shelters, building inspections, d emolition and restorations, a nd providing long-term h ousing. A fter learning about potential opportunities in Haiti, a local engineer said: I havent thought about it ( business ventures) prior to n ow because all of us are v ictims of the stereotype t hat Haiti is depressed, i mpoverished, so there are no opportunities there. Khaalis Rolle, president of the Bahamas Chamber of Commerce (BCC BCC conducted a trade mis sion to Haiti about two yearsa go to look at investment opportunities. Infrastructure I believe the immediate opportunities for Bahamians are related to rebuild ing the immediate infra s tructure of Haiti. Obviously there is a known fact that there was always a security issue in Haiti. Of paramount con cern is the fact of the cur rent state of affairs, we would wonder if security iss till a growing concern, said Mr Rolle. Rebuilding a countrys infrastructure is not a 24 to3 6-month process. That is going to take years to rebuild. Our advice wouldb e to look at the conditions on the ground and look at what the immediate needs are and that will tell you w here the opportunities a re, he said. C M Y K C M Y K LOCAL NEWS T HE TRIBUNE FRIDAY, AUGUST 6, 2010, PAGE 5 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM POLICE are following significant leads into the mur der of Tevaris Minnis in late June, and expect to be able to make an announcement in connection with his killing as early as today, the head of the Polices Central Detective Unit said yesterday. Thirty year-old Minnis, of Fresh Creek, Andros, died in hospital of gunshot injuries to the stomach after being attacked whilst sitting outsidea home in Malcolm Road. His killing was one of the six in six days which raised further alarm about the coun trys escalating homicide rate. Minnis had been approached by two masked men who demanded cash. Supt Leon Bethel of the Central Detective Unit said police have interviewed a number of people in con nection with the killing and feel they are now making significant progress towards solv ing the case. We have gotten that investigation to an advanced stage, Supt Bethel told The Tribune yesterday. Signif icant leads into Tevaris Minnis murder Five charged, one still wanted for questioning over armed robbery Bahamians urged to invest in Haiti By DENISE MAYCOCK Tribune Freeport Reporter d firstname.lastname@example.org FREEPORT Four Grand Bahama men were arraigned in Drug Court in New Providence in connection with a major drug seizure on Grand Bahama last week. Liston Nathaniel Perpall, 46; Renardo Nathaniel Perpaul, 29; Stephen Swaby; and Desmond Higgs were charged with possessing dangerous drugs with the intent to supply. It is alleged that on July 31, the men were found in possession of 585 pounds of marijuana. F our in court over drug seizure STEPHEN SWABY LISTON NATHANIEL PERPALL DESMOND HIGGS RENARDO NATHANIEL PERPAUL Ambassador says trade is good wayto assist and help nation Y EARSTOREBUILD: H aiti suffered the devastating earthq uake in January. (AP
FOUR men have been charged in connection with a large marijuana seizure at Freeport. Desmond Higgs, 32, Renal do Perpall, 22, Stephen Perpall, 46 and Linton Perpall were arraigned before Deputy Chief Magistrate Carolita Bethel on Wednesday, charged in connection with the seizure of almost $600,000 worth of illegal drugs. According to initial reports, DEU officers were on patrol around 11.25pm on Saturday when they saw a white 2000 Chevy Astro van coming out of Magellan Road. The occu pants were acting in a suspicious manner so officers pursued the vehicle and a chase followed. Gunfire There was an exchange of gunfire between the suspects and police. The driver of the Astro van eventually lost control of the vehicle and ran into a tree on Tarleton Road. While searching the vehicle, officers discovered 584lbs of suspected marijuana with an estimated street value of $584,000. Desmond Higgs, Renardo Perpall and Stephen Swaby, all of Freeport pleaded not guilty to the charge of pos session of marijuana with intent to supply. It is alleged that they were found in possession of a quantity of mari juana on July 31 while at Freeport. Swaby pleaded guilty to the charge while Hig gs and Perpall pleaded not guilty. The three men along with Liston Perpall also pleaded not guilty to conspiring to possess marijuana with intent to supply. All four men were remanded to Her Majestys Prison and are expected back in court on August 13. THE Tribune was not certain of what to make of Senate President Lynn Holoweskos unwarranted attack on Tribune reporter Paul Turnquest, in which she accused him of deliberately misleading the public. Speaking in the Senate on Wednesday, she said an article written by Mr Turnquest and published last week alleged that a pair of activists stormed into the Senate and tried to disrupt a speech by Attorney General John Delaney. The article suggested no such thing. Rather, it stated that Wallace Rolle and Ricardo Smith had sought to disrupt the Sen-a te proceedings by confronting Mr Delaney midspeech, but because they arrived late and missed his speech, they had to settle for speaking with Mr Delaney in the corridor. The verb sought defined as attempt or desire to obtain or achieve does not imply in any way that the two men achieved their aim of storming the senate while t he attorney general was s peaking, although this was t heir stated intent. The article said quite clearly that: During this time, the group had reportedly intend ed to call for the attorney generals resignation. However, having arrived late to the Sen ate, Mr Smith and Mr Rolle were only able to corner Mr Delaney in the hallway as he was heading into the commu-nal area for lunch. Mrs Holowesko also claims the reporter was not present in the Senate chamber and that nothing that he described happened in here. Indeed, Mr Turnquest was not in the upper chamber at the time, but the article never suggested that he was. Rather, it stated that Mr Turnquest and other members of the press were on hand to witness the discussion between the activists and Mr Delaney in the corridor. The Senate president went on to say she believes ...the writer of the front-page article intended to make a big story where none existed, and to deliberately mislead the public and those for whom he works, that an unpleasant incident took place in here that never happened. On the contrary, nowhere in the article is it suggested that anything unusual whatsoever took place in the Senate chamber; it merely stated the activists intentions, and gave an account of their confrontation with Mr Delaney when he stepped out of the chamber. Veracity The veracity of this account is attested to by the comments of Mr Delaney himself, who acknowledged that he spoke with the activists and was presented with a letter. He said, in part: I was not v ery impressed at all by the encounter. So I spoke to them briefly and then quite quickly realised that it was no point in pursuing a discussion with reason. Of course, if the Senate president feels some part of the article was expressed in ambiguous language, potentially giving rise to interpretations which belie the facts, this should be clarified immed iately. However, it is unfort unate that Mrs Holowesko c hose to do so in such accusatory terms. Certainly, the allegation that the reporters aim in writ ing the story was to sensa tionalise simple events in an attempt to gain recognition from the boss and sell more newspapers is completely unfounded. With regard to the suggestion that The Tribune should refer to Mr Delaney as Sen ator Delaney, the Attorney General in accordance with protocol, we would only wish to point out that notwithstanding the respect The Tribune has for Mr Delaney, and the regard in which it holds his office, it is not The Tribunes policy to stand on ceremony for the attorney general or any other public servant. Following is the full text of Paul Turnquests article: By PAUL G TURNQUEST Tribune Staff Reporter ATTORNEY General John Delaney laughed off suggestions that he should step down from his post after being named in a SupremeC ourt action filed by the former deputy director of Public Prosecutions Cheryl GrantBethell. Yesterday, the Committee for Justice, represented by attorney Wallace Rolle and political activist Ricardo Smith, sought to disrupt the proceedings of the Senate by storming into the Upper Chamber and disturbing the presentation of Mr Delaney. D uring this time, the group h ad reportedly intended to c all for the Attorney Generals resignation. However, having arrived late to the Senate, Mr Smith and Mr Rolle were only able to corner Mr Delaney in the hallway as he was heading into the communal area for lunch. With police present, and the press as witnesses, the group exchanged words before Mr Delaney was hand ed a letter which reportedly called for his resignation. Before departing, Mr Smith shook the AGs hand and wished him well on his last few remaining days as Attorney General. Speaking with the media later, Mr Delaney said he had no idea what was included in the letter handed to him, and that he would look at it at some point. As a counsel of more than 20 years, I know that once the jurisdiction of a court has been invoked it is not the appropriate thing to be debat ing matters in a public forum notwithstanding what Ive been reading. I have not been served with anything, which I said to them. I read in the papers which appear to be extensive purported references to an affidavit which I have never been served with or any other proceedings. But I have to believe the press when they say that an action has been filed, and if that is the case then I must act appropriately not only as a lawyer but as the chief attorney being in my capacity as Attorney GeneralI must obey the appropriate procedure and protocol, Mr Delaney said. Answering the charge by Mr Smith that he will not be in his post for too muchl onger, Mr Delaney said he was not concerned at all by Mr Smith or Mr Rolles remarks. I believe you all know the identities of the individuals and you know that they are persons who are activists or political type persons. So it is obvious that this is being pursued by them in that vein. So I really say nothing about it. I was not very impressed at all b y the encounter. So I spoke t o them briefly and then quite q uickly realised that it was no point in pursuing a discussion with reason, Mr Delaney said. Also taking note with Mr Rolles position that he should have intervened or pushed for a Bahamian to take the post of Director of Public Prosecutions, the Attorney General said he was surprised that such a claim can come from someone who happens to be a lawyer. I was quite surprised that he as a lawyer was unfamil iar with who has the legal authority to be making judicial and legal services appointments. It is not hard to find out who has this authority. It is in the very first legal legislative document, namely the constitution. The Attorney General has no such power. And so he was asking me about my appointments whenI have no such power. So I just invited him as a lawyer, asa colleague, I tried to assist and asked him to refresh him self as to law, Mr Delaney said. C M Y K C M Y K LOCAL NEWS PAGE 6, FRIDAY, AUGUST 6, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM The Tribune responds to Senate Presidents attack on reporter L YNN H OLOWESKOACCUSESJOURNALISTOF DELIBERATELY MISLEADINGPUBLIC CRITICALOFTRIBUNEREPORTER: Senate President Lynn Holowesko who attacked Tribune article in the Senate on Wednesday. Four charged in connection with lar g e mar ijuana seizur e n COURTNEWS
C M Y K C M Y K LOCAL NEWS PAGE 12, FRIDAY, AUGUST 6, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM The subjects with the best results this year are art and design A, art and design B, art and design C, and carpentry and joinery with average grades of C+. The averaget est result of students who sat t he bookkeeping/accounting exams was an E-. Only four subjects saw an improvement in letter grades over last year. Art and design A and art and design C saw a n average grade of C+, an i mprovement over the average grade of C in both subjects last year. The average grade in economics and office procedures was a D+, ani mprovement from D and Dr espectively G eography, which recorded average grades of C this year and in 2009, was the only subject which did not see an increase or decrease in GPAo r letter grade comparisons to last year. The biggest improvement "in the history of the examination" was shown in the number of students whor eceived at least a C or above in five or more subjects. "There's been a general trend of improvement this year and that is where we arel ooking to go in the Bahamas with respect to results. "This year the increase in the number of candidates who were successful in obtainingf ive or more subjects at grade C' or higher shows possibly t he biggest improvement in this statistics in the history of the examination, improving to 921 compared to 834 in 2008 and 788 in 2007, Mr Bannister said. F ive hundred and 20 students were awarded at least a grade C or above in mathematics, English and science compared to 476 in 2009, and 499 in 2008. English language, biology a nd math continue to be the most popular subject choice for most students while Auto Mechanics, Clothing Construction and Electrical Install ation continue to be the least. T he majority of candidates who sit the heavily subscribed s ubjects usually only sit the core papers, said Mr Bannister, and none had a 100 per cent subscription rate. T he results were part of a r eport released by the Mini stry of Education's Evaluation and Assessment Division yesterday on the BGCSE and the Bahamas Junior Certificate (BJCA s promised earlier this year, M r Bannister did not issue a national grade average for the junior and secondary certificate exams an average he claims does not paint a clear picture of student performance. T he exams are graded on a seven point scale from A to G. There are 27 subjects offered and 14 of these subjects contain core and extended papers. The highest grade available on a core paper is aC while students sitting extended papers can score as high as an A letter grade. While not "completely satisfied" with this year's results, Mr Bannister said with his m inistry's targeted focus on numeracy and literacy skills h e hoped to see a marked c hange in the test scores in the future. 3,120 B grades, 1,999 were giv en to girls while 1,121 were given to boys. Girls received 4,386 in the C category, while boys got 2,802 of the 7,188 grades awarded. O f all the Ds awarded, girls e arned 3,553 while boys earned 2,379. In the E category, girls received 2,137 grades compared to 1,604 given to males. Girls earned 1,366 Fs while boys received 989. In the G category, girls and boys received 861 and 647 grades respectively. The ministry calculates g rades based on a seven-point scale ranging from A to G. An eighth category, U, is used if a student fails to show positive achievement in the subject. One thousand and two Us were given out: 554 to girls and 448 to boys. "It could be that, as you may or may not be aware, there are more girls enrolled in schools than males," Sereatha Clark, the assistant director at the Examination and Assessment Division, said when asked about the difference in the number of grades awarded to the two genders. "It's something that we're certainly going to have to look at because we are concerned about males who may be endangered and so we will look at those figures," Mr Bannis ter added. The results were part of a report released by the Ministry of Education's Evaluation and Assessment Division yesterday on the BGCSE and the Bahamas Junior Certificate (BJC promised earlier this year, Mr Bannister did not issue a national grade average for the junior and secondary certificate exams an average he claims does not paint a clear picture of student performance. Mr Bannister, a lawyer and trained teacher, expressed some satisfaction over the results but hopes the scores will improve in the next few years based on his mandate of an increased focus on literacy and numeracy. According to the ministry's grading system, a letter grade of A, B or C denotes an above average performance, D is recognised as average while E, F and G show below average performance. There are 27 subjects offered and 14 of these subjects contain core and extended papers. On average, student registered to take five subject exams. The highest grade available on a core paper is a C while students sitting extended papers can score as high as an A. Jamaican attorney Vinette GrahamAllen is scheduled to start work in the post of the Director of Public Prosecutions a post to which the Attorney Generals statement of yes terday notes that she, and not Mrs Grant-Bethel, was appointed by the Governor General on the advice of the Judicial and Legal Services Com mission this coming Monday. Mr Munroe, who was hired by Mrs Grant-Bethel to fight for her right to the top prosecutors job in the Office of the Attorney General, told The Tribune on Wednesday: (Mrs GrantBethel is) a public servant so she must work, shes not going to sit down and do nothing but she is not doing any work thats inconsistent with the post of the Director of Pub lic Prosecutions. Mr Munroe suggested that Mrs Grant-Bethels actions are consistent with her publicly-stated position that she is entitled to the role of Director of Public Prosecutions as a former Deputy Director of Public Prosecutions of 20 years standing in the Office of the Attorney General. Mrs Grant-Bethel recently launched legal action seeking a judicial review of the process that saw her formally overlooked for the top prose cuting job, with the Government instead announcing that Mrs Graham-Allen, a former Director of Public Prosecutions in Bermuda and Director of the Justice Training Institute in Jamaica, would fill the post. According to Mr Munroe, his client is now working out of the British American Financial Centre. That is the place to which the Government had wished to send her to assume the duties of Deputy Law Reform and Revision Commissioner, the post to which they say she has been formally appointed. Mrs Grant-Bethel was physically barred from her former office in the Attorney Generals Office after attempting to continue to access the office after being told to relocate to the other building. In the clarifying statement from the Office of the Attorney General, Mr S umner said: On the authority of the Constitution, appointments of legal offi cers are made by the Governor General (acting in accordance with the advice of the Judicial and Legal Services Com mission). No public officer may self appoint or otherwise assume appointments to legal officer positions in the public service. Mr Sumner said that on the same authority, effective June 1, 2010, Mrs Cheryl Grant-Bethel (formerly a Deputy Director of Public Prosecutions) was promoted and appointed Deputy Law Reform and Revision Commissioner; and Messrs Franklyn Williams and Garvin Gaskin (formerly Assistant Direc tor of Legal Affairs in the Department of Public Prosecutions), were promoted and appointed Deputy Director of Public Prosecutions. Also on the mentioned authority, Mrs Vinette Graham-Allen (formerly Director of Justice Training Institute, Jamaica, and also a former Director of Public Prosecutions, Bermuda) was appointed Director of Public Prosecutions and is to assume duties next week. Upon the assumption of duties Mrs GrahamAllen will discharge the function of Director of Public Prosecutions. Mrs Graham-Allen, Mr Williams and Mr Gaskin will comprise the senior management team of the Department of Public Prosecutions, said Mr Sumner. The acting Permanent Secretary said that such clarifications need to be made in order to dispel misinformation and better inform the public. being reoganised. Rob Fortson, a member of the developm ent team and a specialist in real estate sales and marketing management, said property sales are also on hold. H e said: We believe construction needs to b e further along before lots are brought to market. He referred all questions to Franklyn Wils on, chairman of Eleuthera Properties, the main company behind the Cotton Bay Estates project, who was on vacation and u navailable for comment. T he project is set on 2,300 acres of land in Eleuthera. The original master plan included 99 estate home sites starting at $700,000. S ome of the original plans are expected to change. We have not as yet finalised the final c ompletion date, because we are planning a nd reorganising the whole project. The team that was on the ground before were just put on hold, said Mr Henry. S ome of those contractors include Pro Line Enterprises, with responsibility for installing some of the utilities infrastructure; Bill Sim m ons Construction Heavy Equipment, responsible for roadwork; and C-TI Developers, the engineers of record. Penn Construction was awarded the con tract as general contractor, but that rela t ionship was terminated in 2007. Instead of rehiring a general contractor, the project is taking an in house perspective with man-a gement functioning as the contractor, said Mr Henry. Everything is active in terms of the plann ing, whether it be with the planners, engin eers, developers, real estate people. To give a definite date, it is kind of hard. We know for now we are looking forward to finishingt he club house and pool area. Hopefully nothing changes with those within the nexty ear. That is about all we can say, he said. E stimates from 2007 valued phase one of t he project at $300 million. At the time, more than 100 sub-contractors were on site, according to managing director Wim Steenbakkers. T he grand opening was slated for 2008. Phase one was to include two and threebedroom villas, 114 estate lots, and the 26,000s quare foot clubhouse. It was also to include t he installation of 11,000 feet of water mains, about 3,000 feet of sewer lines, three pump ing stations and four fire hydrants. D evelopers intended the project to be a catalyst for development on Eleuthera, dramatically increasing the viability of settle m ents such as Rock Sound and Tarpum Bay. appointments, promotions, duties and responsibilities, and performance assessments. Nonetheless, the arbitra tors have washed their hands of the still incomplete process, stating their job in securing a completed docu ment has been done. The arbitration committee, led by Father James Palacious, rector of St Matthew's Anglican Church, explained that although UTEBs financial package was very reasonable under normal circumstances, in the end the committee had to adhere to the economic reality, citing budget cuts and a still struggling economy. Noting the agreement was changed from five years to four, the committee urged union members to under stand that while benefits may not be given now, the economic climate would have improved considerably by 2012. External arbitration was originally mandated to extend to no longer than sev en days and now, after just over two months, the team is confident the final document will be the new industrial agreement for faculty before the start of the fall semester. Higgs & Johnson partner Earl Cash represented COB, and BCPOU president Robert Farquharson represented UTEB. Public support and inter est waned throughout the tumultuous dispute, with many arguing the consequences of the dispute for students. Political figures, community leaders and the college's own student union urged the parties to "get together" and seek a timely resolution. While the union maintained it only asked for a cost of living adjustment, which would amount to 0.05 per cent, the college claimed that additional benefits, insurance and higher stipends included in the initial financial pack age would create a combined increase ranging from 16 per cent to 19 per cent an $11 million expense over the course of the agreement. Now that an agreement is closer than ever before but with no financial increases for faculty, there is speculation of whether the unions agitation, particularly industrial action which resulted in some faculty members being cut in excess of $300, was worth the effort. During the strike, UTEB was accused of selfishly using student con sequence as "a last resort to obtaining personal vendet tas," by the colleges student union. However, John Pinder, president of the Bahamas Public Service Union (BPSU not in vain because it forced the college to prove that it was committed to completing the negotiations in a timely manner. Mr Pinder said: It showed solidarity between the union, that everybody was united and on the same page, that they would not tol erate the way management was holding the whole process up. Its sad it had to come to the point of bringing in mediators just to get it completed and signed it off timely, but it showed the faculty members are not afraid to exercise their constitu tional right and if need be they would do it again. The BPSU expects to deliver their proposed indus trial agreement before the end of this month. F ROM page one Cotton Bay Estates FROM page one COB and union FROM page one CHERYL G RANT-BETHEL As Office hits back at statement by Cheryl Grant-Bethels attorney FROM page one Eand D A: Knowledge is specific, appropriate and comprehensive; evidence of exceptional comprehension skills, and outstanding high order skills, problem solving and critical thinking skills. B: Knowledge is specific, appropriate and comprehensive; evidence of exceptional comprehension skills; very good high order, problem solving, critical thinking skills. C: Knowledge is specific and appropriate to the task, evidence of sound comprehension skills; good high order, problem solving skills. D: Knowledge is specific and appropriate to the task, comprehension evident, critical thinking/problem solving skills satisfactory. E: General basic knowledge exhibited, also evidence of ability to comprehend this knowledge and limited problem solving skills. F: Basic knowledge still limited goes beyond the recall, recognition level to show some understanding of this basic knowledge; very limited problem solving skills evident. G: Limited basic knowledge about the tasks required and only at the recall or recognition level with no comprehension and no problem solving skills evident. A grade indicates that the candidate has failed to show positive achievement in the subject. MINISTRY OF EDUCATION'S GUIDE TO THE SEVEN-POINT GRADING SCHEME More girls are making the grade than boys FROM page one
By CHESTER ROBARDS Business Reporter email@example.com T he National Security chief said yesterday that measures have been put in place to protect his countrys multi-million dollar crawfish industry from poachersw ho can remove up to $22million worth of the product per annum from Bahamian waters. Tommy Turnquest said a defence force ship as well as a smaller, faster craft, have been assigned to patrol the Great Bahama Bank where poachers have been spotted and confronted by Bahamian fishermen in the past. He cautioned fishermen not to approach the poachers if they happened upon them but to call for assistance. We dont expect Bahamian fishe rmen to be out there in a fight by themselves, Mr Turnquest said. He added that for the greatest protection of this country marine resources, the Great Bahama Bank is where the defence force has been sta tioned. According to him, the construction of a new defence force base at Gun Pointe on Ragged Island will bolster the protection of the bank by providing easier, faster access for patrol boats. However, fisherman in the past have complained that calls to the defence force have led to nothing but inaction, and they insist that poachers are often simply released with their illegal catch shortly after being captured by authorities. With the crawfish season just five days old, and Bahamian fishermen facing the challenges of a new catch system that will allow their crawfish tails to be traded with European Countries, they are even more des p erate than ever to pull in large hauls. L ast year saw an almost 50 per cent decline in the price of crawfish due to the global recession. And at the beginning of the year, this country saw the makings of a trade embargo on crawfish tails to the EU due to the absence of a trackings ystem called the catch certificate. Representatives of the fisheries sector told Tribune Business recently that the certificate was key to restarting trade, while adhering to the Marine Stewardship Council's (MSC world's leading environmental certification programme for wild-caught fisheries mandates. Glenn Pritchard, president of Tropical Seafood, and Mia Isaacs, president of the Bahamas Marine Exporters Association (BMEA implementing the catch certificate willb e the most important focus for the f isheries industry, as the Bahamas would not be allowed to trade with the EU if the chain of custody for lob ster tails is not certified by use of those certificates. The certificates will allow purchasing entities to trace catches from theirp ossession all the way back to the fishing boat that made the catch and possibly even back to the exact spot in the Bahamas the product was caught. This requirement is part of a global mandate to help countries ensure their food exports are safe and traceable, and that they keep their marine resources in check to ensure sustain ability. While certification from the MSC is voluntary at this time, many importers of this countrys lobster tails are increasingly demanding that the country be certified in an effort to combat Illegal, Unreported and Unregulated (IUU When the Bahamas brings into f orce the MSC certification it is likely t hat many poachers, who are said to c ome form the Dominican Republic, will find a closed market for their product. Mr Turnquest told Tribune Business in April that his department was investigating possible links betweenp oachers and Defence Force officers. A ccording to him, intelligence oper ations are in place. However, he said yesterday that those efforts have yet to yield any findings to substantiate those claims. Mr Turnquest said the Government is diligently attempting to resolve the poaching problem which exists within the Bahamas 100,000 square mile maritime border and the possibility that some Bahamians, even within the institution charged with policing these waters, are abetting it. We have in place some systems, he said. We have a limited amount of persons who know where these vessel go, but we continue to monitor it. Obama confident no double-dip recession coming By CHESTER ROBARDS Business Reporter firstname.lastname@example.org THE Hotel Union president said yesterday that the organisation, while financial ly challenged, is attempting to position itself to sustain its members should the economy further affect employment in the industry. Nicole Martin said the mood in the industry today, particularly within the Bahamas Hotel Catering and Allied Workers Union (BHCAWU mism as tourism arrival numbers grow for the moment, and as the beginning of slow season looms just around the corner. The Wyndham Nassau Resort and Crystal Palace Casino also plans to close its doors again for six weeks in order to cut operating costs during the slow period. Baha Mar officials said recently that the closure of the Wyndham accounted for a significant portion of the 50 per cent reduction in its 2009 net losses, compared to the year before. The 2010 Wyndham/Crystal Palace closure will take place between August 23 and October 5, with between 1100 and 1200 staff affected. Robert Sands, vice president of external affairs for Baha Mar, said less than 40 per cent of these were members of the hotel union bargaining unit, since those impacted included management, casino and nonunionised personnel. Ms Martin was not overly concerned about Wyndhams period closure, noting that hotels often have periodic closures during the slow September period. According to her, Atlantis often closes a number of its food outlets during the particularly slow September period. However, she said the union is concerned with align ing itself to be in a position to give back to its members. Members should say they have gained from the union, she said. Ms Martin said the union is attempting to increase its membership during her presidency in order to replenish the organisations coffers and bolster its bargaining power. The union has been lobbying to represent the employ ees of Sandals Royal Bahamian Resort, while a second union, the Bahamas Hotel Maintenance and Allied W orkers Union ( BHMAWU), fights at the Privy Council level to do the same. A decision made by an appellate court recently found that the BHMAWU techni cally does not exist under the s ection of the Industrial Relat ions Act that required the union to be gazetted when it was registered. Trade Union Congress president, Obie Ferguson, said he and attorney Keod Smith will fight a landmark b attle at the Privy Council to e nsure that the line in the Act mandating that a trade union be gazetted by the Government before it is officially legitimised does not cause any C M Y K C M Y K SECTIONB email@example.com FRIDAT, AUGUST 6, 2010 THETRIBUNE $4. 68 $4. 51 $4. 69The information contained is from a third p arty and The Tribune can not be held responsible for errors and/or omission from the daily report.$4.29 $4.29 $4.29The information contained is from a third party and The Tribune can not be h eld responsible for errors and/or o mission from the daily report. $4.24 $4.25 $4.26 get sound investment advice develop a diversied investment portfolio 24/7 access to your account informationall of the aboveinvestmentsreach your goalscall us today at 396-4076 A SUBSIDIARY OFFAMILY GUARDIAN CORPORATE CENTRE: AT THE JUNCTION OF VILLAGE ROAD, SHIRLEY STREET & EAST BAY STREET I www.famguardbahamas.com CHICAGO (AP dent Barack Obama says he is confident the nation will not suffer the double dip of back-to-back recessions. The rebound of the US economy appears to be slowing (see full story on 3B prompting fears that the nation will slide into recession again after a brief period of growth. Obama told a CNBC interviewer he was confident that won't happen. He acknowledged that much work remains on problems such as long-term unemployment. But the president expressed confidence that the economy is moving in the right direction. US economic growth slowed to 2.4 per cent from April to May, down from 3.7 per cent in the first three months of the year. Cautious optimism mood in hotel sector, says union boss ON POINT: Robert Sands. Measures are in place to protect crawfish industry FIGHTING POACHERS: Minister of National Security Tommy Turnquest. S S E E E E p p a a g g e e 4 4 B B INSIDE Bahamas has potential to become world leader in renewable energy See P ag e 2C T i m C l a r k e / T r i b u n e s t a f f
PetroQuest Q2 earnings fall on r educed output By David F. Allen Jr., Esq., LLM TOM Hirsch, an avid American investor in renewable energy companies, envisions The Bahamas becoming the world leader in green technology. He believes New Providence has a unique opportunity to become an energy independent island. Picture an island powered entirely by its three natural resources: wind, sun and waves. The technology companies are out there, he says, and we should approach them to make The Bahamas a shining example of where the technology can take us, putting The Bahamas on the map as the leader in green energy. According to Mr Hirsch, the first thing to do is make it mandatory for Bahamian residents to purchase only electric cars and ban the importation of gasoline-powered vehicles, along with national grants and incentives for Bahamian companies that set up dealerships to sell them. The use of ocean waves to create electric power is now available from a company called Ocean Power Technologies (OPTT through the use of electric wave generators. According to Mr Hirsch, their electric wave generator, the PowerBuoy, is a large buoy device attached to a chain and anchored far out at sea; as the buoy rises and falls with the waves, it drives a turbine which produces electric current and transfers it to shore. It generates electric power 24 hours a day, seven days a week and once installed requires little maintenance. Solar power, energy generated from the suns rays, is a no brainer for The Bahamas. Mr Hirsch asserts that the entire island could be run on solar energy alone. Yingli Green Enterprises (YGE Chinese company and leader in solar energy, makes the photocells to set up solar farms. XSunx (XSX share price rise, is developing CIGS technology to deliver solar to electric at half the current price. The prevailing westerly winds which sweep over our island every day is a further natural resource Due to the Westerlies, The Bahamas has a great source of wind power. Mr Hirsch notes that all the clouds blow this way, thats why Columbus landed in The Bahamas first; the Westerlies blow straight to The Bahamas off the coast of Africa. He envisions placing wind farms on the high ridges of New Providence. The largest producer of wind energy is currently General Electric (GE The above listed companies are just a few examples of renewable energy producers. There are thousands of companies vying to make and sell renewable energy products. Its up to The Bahamas to encourage them to use their technology to make it a proof of concept showcase to the world: that renewable energy really works. After divulging his vision of a green Bahamas, Mr Hirsch quipped that solar boats are also coming. Bahamas Law Chambers, which specialises in real estate, immigration and applications to the Bahamas Investment Authority, is always interested in Green ideas, as it considers environmentally friendly business models the only progressive way forward. Bahamas has potential to become world leader in renewable energy C M Y K C M Y K BUSINESS PAGE 2B, FRIDAY, AUGUST 6, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM (/,$13,(55(RI&2//,16 $1$66$8%$+$0$6 by David F Allen 127,&( $&$/$66(7$1$*(0(17 %$+$0$6f/,0,7(' 9ROXQWDU\/LTXLGDWLRQf &UHGLWRUVKDYLQJGHEWVRUFODLPVDJDLQVWWKHDERYH QDPHG&RPSDQ\DUHUHTXLUHGWRVHQGSDUWLFXODUV WKHUHRIWRWKHXQGHUVLJQHG3%R[ 1DVVDX%DKDPDVRQRUEHIRUHWKH WK 6HSWHPEHU ,QGHIDXOWWKHUHRIWKH\ZLOOEHH[FOXGHGIURPWKH EHQHWRIDQ\GLVWULEXWLRQPDGHE\WKH/LTXLGDWRU 'DWHGWKH WK 6KDUHHFH(ZLQJFRWW /LTXLGDWRU 127,&( $&$/$66(7$1$*(0(17 %$+$0$6f/,0,7(' 9ROXQWDU\/LTXLGDWLRQf 127,&(,6+(5(%<*,9(1WKDWDQ([WUDRUGLQDU\*HQHUDO 0 HHWLQJRIWKH6KDUHKROGHUVRI $ &$/$66(70$1$*(0(17 %$+$0$6f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o advertise in The Tribune call 502-2371 today! LAFAYETTE, La. (AP ducer PetroQuest Energy Inc. saw its second-quarter profit d rop 31 per cent as production was reduced, the company r eported Thursday. I nvestors reacted by pushing down PetroQuest shares nearly nine per cent. For the April-through-June period, PetroQuest earned $5.2 million, or eight cents per share, down from $7.7 million, or 15 cents per share, for the second quarter of 2009. Revenue dropped to $41.9 million from $55.3 million. Analysts polled by Thomson Reuters, on average, had forecast per-share earnings of nine cents and revenue of $41.7 million for the latest quarter. PetroQuest said oil and natural gas production dropped due to less capital spending in 2009. At the same time, lease oper ating expenses rose to $9 million from $8.4 million because of unanticipated maintenance costs. The company realized an average oil price of $77.20 per barrel during the quarter, up from $67.90 a year ago. PetroQuest's average gas price fell to $4.67 per thousand cubic feet from $5.95. PetroQuest shares dropped 59 cents, or 8.9 per cent, on Thursday to close at $6.01.
C M Y K C M Y K BUSINESS THE TRIBUNE FRIDAY, AUGUST 6, 2010, PAGE 3B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM 127,&( 6XPPHU,QYHVWPHQW*URXS/WG ,QROXQWDU\/LTXLGDWLRQ 1RWLFHLVKHUHE\JLYHQWKDWLQDFFRUGDQFH ZLWK6HFWLRQRIWKH,QWHUQDWLRQDO %XVLQHVV&RPSDQLHV6XPPHU ,QYHVWPHQW*URXSLVLQGLVVROXWLRQDV RI$XJXVW,QWHUQDWLRQDO/LTXLGDWRU 6HUYLFHVVLWXDWHGDW UG )ORRU:LWKHOG 7RZHU&RQH\'ULYH%HOL]H%HOL]HLV WKH/LTXLGDWRU /,48,'$725 UNCERTAIN ECONOMY: A customer carries her purchase from a Victoria's Secret store in Flowood, Miss. (AP Photo By ANNE D'INNOCENZIO and CHRISTOPHER S RUGABER AP Business Writers WITH the economy only limping along, Americans are once again being choosy at stores, many of them buying only at deep discounts because they can't shake uncertainty about their jobs. Retailers around the country posted a sales increase of just 2.8 per cent for July overa year earlier and at that time, the economy lookedmuch bleaker than it does today. The July figure, released Thursday by the International Council of Shopping Cen ters based on results from 31 chains, was the fourth straight month of weak retail num bers. For the most part, econ omists were disappointed. Without more jobs, Amer icans are likely to remain cautious with their spending, restraining the economic rebound, they said. But without more spending, companies will likely be slow to hire. "To break out of this, we need both employment and consumption to come up together," said Nigel Gault, an economist at IHS Global Insight. On Friday, the government will release its snapshot of the nation's job market for July, and no one expects anything strong. Private companies are expected to have a dded 90,000 jobs for the month, not nearly enough for healthy economic growth. The overall figure is expected to show a loss of 65,000 jobs for July, because of the end of temporary positions with the US Census Bureau. Unemployment is not expected to budge much from its current 9.5 per cent, and may actually rise. "With limited hiring by the private sector, it is becoming increasingly difficult for the recovery to be sustained," said Andrew Gledhill, an economist at Moody's Economy.com. The stock market finished just about flat a day ahead of the jobs report. In a reminder of how weak the job market is, the gov ernment said Thursday that first-time claims for unemployment benefits rose last week to their highest level in four months. Claims rose by 19,000 to a seasonally adjusted 479,000. Analysts had expected a small drop. Claims have now risen twice in the past three weeks. Economists closely watch initial jobless claims because they are considered a gauge of the pace of layoffs and an indication of employers' willingness to hire. And even at a time when profits are coming back, businesses aren't very willing. Pierre Ellis, an economist at Decision Economics, wrote in a note to clients that an "unyielding flow of lay offs" suggests employers are still not comfortable with the size of their staffs. And the with job market still looking shaky, Americans are in no mood to spend freely. Abercrombie & Fitch Co. and American Eagle Outfit ters Inc., clothing stores that cater to teenagers, are already offering generous discounts on jeans for back-toschool shoppers. Stores for teens were among the worst performers in July. Winners for the month included Costco Wholesale Corp., which offers big bulk discounts, and department store Macy's Inc. Even there, though, shoppers are picky. "I'm buying things that I need now," said Mia Craw ford, a freelance language interpreter who was brows ing at Macy's Manhattan flagship store Thursday. "I don't see the economy get ting better. I feel worse off." Crawford, who said her own business is down dra matically from a year ago, said she is focusing on buying items on sale or taking leftovers from friends. She left Macy's with a summer top for $15, marked down from $50. At Kohl's, more shoppers bought things in July, but the total price of what they bought and the number of items that they bought fell slightly, "indicating that our customer remains cautious in her spending," said Kevin Mansell, the CEO. The recession taught shop pers to buy items closer to when they actually needed to use them a phenomenon known in the clothing industry as "buy now, wear now." That is particularly true of poorer and middle-income shoppers. To make up for it, stores are "going to have to be very promotional all the way through," said Ken Perkins, president of research firm RetailMetrics. In an uncertain economy, shoppers are choosy again
By EMILY FREDRIX AP Retail Writer NEW YORK (AP Kraft Foods Inc.'s secondquarter net income grew 13.3 per cent, but the nation's largest food maker said Thursday that it sold less food in North America and it trimmedi ts sales forecast in the face of rising competition. The maker of Oreo cookies, Kraft cheese and other popular foods earned $937 million, or 53 cents per share, for the quarter ending June 30. That's up from $827 million, or 56 cents per share, ay ear earlier. Kraft, which bought British confectioner Cadbury in February for $19.5 billion, hadm ore shares outstanding in this year's second quarter. Excluding one-time items, Kraft earned 60 cents per share in this year's secondq uarter. Analysts surveyed by Thomson Reuters, who typic ally exclude one-time items, expected earnings of 52 centsp er share on revenue of $12.33 billion. Kraft's shares rose $1.35 on the news, or 4.6 per cent, to$31.01 in after-hours trading Thursday. Its revenue rose 25.3 per cent to $12.3 billion, with much of the gain from Cad bury's chocolates and candies. Consumer product sales have fallen in developed mar kets like North America because shoppers are skimping on name brands to save money in the weak economy. Kraft, based in Northfield, Ill., said that is still affecting its business. The company now expects its full-year organic net revenue to grow between three per cent and four per cent, down from an earlier forecast of at least four per c ent. The company maintained its guidance for 2010 operating earnings per share of at least $2. Kraft said its North American results were hurt by aggressive discounts and promotions by competitors in cheese, salad dressings and crackers. Revenue in North America its biggest segment rose 6.3 per cent to $6.16 billion, although the amount of products it sold fell two per cent. Key brands such as OscarM ayer bacon, Philadelphia cream cheese and Kool-Aid and Capri Sun posted gains. But the company sold 11.8 perc ent less cheese in the quarter and 3.5 per cent less snacks. In Europe, Kraft's revenue rose 34.1 per cent to $2.79 bil lion, the bulk of that coming from Cadbury. It sold 7.9 per cent more products, but price cuts hurt its profit there. Higher sales of chocolate and cheese helped offset lower prices. Weaker markets were Spain and Greece, while France and Britain had solid g rowth. D eveloping-markets reve nue rose 73.4 per cent, again mostly from Cadbury, with total revenue reaching $3.3 billion. Volume rose 8.7 per cent, with strong performance from Latin America and China, Australia and the Philippines. The Cadbury acquisition enabled Kraft to expand into new categories and new countries. The company now e xpects savings of at least $750 m illion from the deal, more than its earlier estimate of $675 million. But it expects to spend more integrating Cadbury's operations, some $1.5 billion, up from an earlier estimate of $1.3 billion. union to be disbanded because this has not happened. They are also fighting for the Government to amend the Act in order to prevent well-established unions from being dismantled. Ms Martin said she could not say more about the BHMAWU or the non-unionised Sandals workers because the matter is before the courts. She reflected on the major challenges that remain within the BHCAWU, including the image of the organisation, finances and asset base, service levels, internal con-f licts and the application and interpretation of the unions industrial agreements. In the meantime, within the union membership, a focus will be put on customer service training. Ms Martin lamented the country as a whole is in need of a service culture reform. This is not only applica ble to the Tourism Indust ry, but where ever service i s rendered, she said. As a union we offer a service to our members and we intend to lead this process of service culture reform by example. C M Y K C M Y K BUSINESS PAGE 4B, FRIDAY, AUGUST 6, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM 5 2wk-Hi52wk-LowSecurit y P revious CloseToday's CloseChangeDaily Vol.EPS $Div $P/EYield 1 .341.00AML Foods Limited1.041.040.000.2500.0404.23.85% 10.759.67Bahamas Property Fund10.6310.630.000.0500.200212.61.88% 6.255.00Bank of Bahamas5.005.000.000.5980.2608.45.20% 0.580.27Benchmark0.270.270.00-0.8770.000N/M0.00% 3 .493.15Bahamas Waste3.153.150.000.1680.09018.82.86% 2 .152.14Fidelity Bank2.172.170.000.0550.04039.51.84% 1 2.509.62Cable Bahamas11.1111.110.001.4080.3007.92.70% 2.842.50Colina Holdings2.552.50-0.05100,0000.5110.0404.91.60% 7.005.00Commonwealth Bank (S1)6.046.040.000.4600.23013.13.81% 3.652.23Consolidated Water BDRs2.432.36-0.070.1110.05221.32.20% 2 .551.60Doctor's Hospital2.001.95-0.0560,0000.6270.1103.15.64% 6 .995.94Famguard6.076.070.00-0.0030.240N/M3.95% 1 0.908.75Finco8.908.900.000.1680.52053.05.84% 11.409.50FirstCaribbean Bank9.749.740.000.7200.35013.53.59% 5.533.75Focol (S)5.035.030.004,0000.3660.17013.73.38% 1.001.00Focol Class B Preference1.001.000.000.0000.000N/M0.00% 5.595.00ICD Utilities5.595.590.000.4070.24013.74.29% 10.509.95J. S. Johnson9.959.950.000.9520.64010.56.43% 10.0010.00Premier Real Estate10.0010.000.000.1560.80064.18.00% 52wk-Hi52wk-LowSecuritySymbolLast SaleChangeDaily Vol. 99.4699.46Bahamas Note 6.95 (2029BAH2999.460.00 100.00100.00Fidelity Bank Note 17 (Series A) +FBB17100.000.00 100.00100.00Fidelity Bank Note 22 (Series B) +FBB22100.000.00 100.00100.00Fidelity Bank Note 13 (Series C) +FBB13100.000.00 100.00100.00Fidelity Bank Note 15 (Series D) +FBB15100.000.00 52wk-Hi 52wk-Low Symbol Bid$ Ask$ LastPrice DailyVol EPS$ Div$ P/E Yield FINDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%30 May 2013 20 November 2029THURSDAY, 5 AUGUST 2010B ISX ALL SHARE INDEX: CLOSE 1,491.89 | CHG0.97 | %CHG -0.06 | YTD -73.49 | YTD % -4.69BISX LISTED DEBT SECURITIES (Bonds trade on a Percentage Pricing basis)M aturity 1 9 October 2017 7%RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)29 May 2015 W W W.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-232019 October 2022 Prime + 1.75% Prime + 1.75% 6.95%BISX LISTED & TRADED SECURITIES AS OF:7 % I nterest 52wk Hi 52wk Low Symbol Bid $ Ask $ Last Price Daily Vol EPS $ Div $ P/E Yield 10.067.92Bahamas Supermarkets9.4210.4214.00-2.9450.000N/M0.00% 8.006.00Caribbean Crossings (Pref2.006.254.000.0000.480N/M7.80% 0.550.40RND Holdings0.350.400.550.0010.000256.60.00% 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 Months %NAV 3MTH 1.48251.4387CFAL Bond Fund1.48253.046.961.460225 2.92652.8266CFAL MSI Preferred Fund2.91991.140.852.911577 1.54381.4804CFAL Money Market Fund1.54382.434.281.527368 3.20252.8522Royal Fidelity Bahamas G & I Fund2.8522-8.49-8.08 13.638813.0484Royal Fidelity Prime Income Fund13.41100.333.32 109.3929101.6693CFAL Global Bond Fund109.39295.207.60107.570620 105.779593.1998CFAL Global Equity Fund100.1833-1.523.56105.779543 1.11771.0000FG Financial Preferred Income Fund1.11772.525.19 1.09171.0000FG Financial Growth Fund1.07850.985.29 1.11621.0000FG Financial Diversified Fund1.11622.345.45 9.57959.1005Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 19.54392.166.25 11.236110.0000Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 210.0344-6.845.63 10.00009.3299Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 39.3299-6.70-6.70 7.96644.8105Royal Fidelity Int'l Fund Equities Sub Fund7.3073-5.3116.22 BISX ALL SHARE INDEX 19 Dec 02 = 1,000.00YIELD last 12 month dividends divided by closing price 52wk-Hi Highest closing price in last 52 weeksBid $ Buying price of Colina and Fidelity 52wk-Low Lowest closing price in last 52 weeksAsk $ Selling price of Colina and fidelity Previous Close Previous day's weighted price for daily volumeLast Price Last traded over-the-counter price Today's Close Current day's weighted price for daily volumeWeekly Vol. Trading volume of the prior week Change Change in closing price from day to dayEPS $ A company's reported earnings per share for the last 12 mths Daily Vol. Number of total shares traded todayNAV Net Asset Value DIV $ Dividends per share paid in the last 12 monthsN/MNot Meaningful P/E Closing price divided by the last 12 month earningsFINDEX The Fidelity Bahamas Stock Index. January 1, 1994 = 100 (S) 4-for-1 Stock Split Effective Date 8/8/2007 (S1) 3-for-1 Stock Split Effective Date 7/11/200730-Jun-10 30-Jun-10 103.987340 101.725415 30-Jun-10 30-Jun-10 NAV 6MTH 1.438700 2.886947 1.511377TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-752530-Jun-10 30-Jun-10 30-Jun-10 23-Jul-10 30-Jun-10MARKET TERMS30-Jun-10 30-Jun-10CFAL Securities Ltd. (Over-The-Counter Securities)30-Jun-10BISX Listed Mutual FundsNAV Date 30-Jun-10 30-Jun-10 Cautious optimism mood in hotel sector, says union boss F F R R O O M M p p a a g g e e 1 1 B B Kraft Foods Incs Q2 net income rose 13.3 per cent PROFIT MAKER: In this posed photo taken May 5, 2010, a variety of food items made by Kraft are displayed a t a supermarket in Bath, Maine. Kraft Foods Inc. reports quarterly earnings Thursday, Aug. 5, 2010, after the market close. (AP Photo F o o r r t t h h e e s s t t o o r r i i e e s s b b e e h h i i n n d d t t h h e e n n e e w w s s , r r e e a a d d I I n n s s i i g g h h t t o o n n M M o o n n d d a a y y s s To advertise in The Tribune #1 newspaper in cir culation, just call 5022371 today!
By TALI ARBEL AP Business Writer NEW YORK (AP sia's decision to ban wheat exports for the rest of the year sent prices for the grain soaring Thursday to the highest level in two years. The rally in wheat also helped drive up prices for c orn, oats and soybeans. T hat's good news for US f armers, whose wheat will help make up some of the shortfall in exports from Russia and other countries with damaged crops such as Ukraine, Kazakhstan and Canada. "The American farmer is walking into a gold mine because America is one of the few countries in the world that grew a good wheat, corn, and soybean crop. We have a ton in storage," said Tom Grisafi, who trades com modities on the Chicago Board of Trade. The sharp rise in commodity prices this summer also makes it more likely that US shoppers will have to pay a bit more for bread, cereal or pasta in the next two to six months, said Ephraim Leib tag, an economist with the US Department of Agriculture. Russia, one of the world's biggest grain exporters, said Thursday that it was cutting off wheat exports from August 15 to December 31 because a severe drought thiss ummer has already destroyed one-fifth of the country's crop. It will also ban exports of wheat flour, bar ley, rye and corn. Prime Minister Vladimir Putin said whether the banw as extended into 2011 would b e decided after the harvest. Wheat prices have risen more than 80 per cent since early June and notched their biggest monthly gain in July in at least 51 years. Prices for September delivery shot up 60 cents, or 8.3 per cent, to $7.8575 a bushel Thursday, the maximum one-day jump allowed. December wheat jumped 55.75 cents, or 7.4 per cent, to $8.1125 a bushel. CBOT rules say that contract prices can rise up to 60 cents in one day. That limit is expanded to 90 cents the day following a maximum rise. Other grains also rose. Corn for September delivery gained 3.25 cents to $4.035 a bushel, while December corn added 3 cents to $4.18 a bushel. November soybeans gained 4.75 cents to $10.29 a bushel. Food manufacturers gener ally have hedges in place that have allow them to buy grain at prices lower than current futures contracts, said Tom Graves, a food industry analyst with Standard & Poor's Equity Research. If the rally lasts for another quarter or into next year, however, he said companies would likely begin to pass higher costs to consumers. General Mills declined to comment on its pricing strat egy or hedges. Despite wheat's huge rally since early June, it's still a far cry from the 2007-08 run-up. Bad weather and demand for biofuels sent grains to record prices in summer 2008, sparking food crises in developing countries. The UNs Food and Agriculture Organisation on Wednesday cut its wheat production forecast Wednesday by nearly four per cent to 651 million metric tons, but said fears of another food crisis were "not justified at this point" because of existing large global stockpiles ofw heat. In other commodity trading Thursday, energy prices fell while metals were mixed. December gold edged up $3.40 to $1,199.30 an ounce, while September silver added 4.3 cents to $18.321 an ounce. September copper dropped5 .1 cents to $3.3535 a pound. C M Y K C M Y K BUSINESS THE TRIBUNE FRIDAY, AUGUST 6, 2010, PAGE 5B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM By DEBORAH YAO AP Business Writer PHILADELPHIA (AP C onsumers are feeling more confident about spending onsmall luxuries such as premium cable services and pay-perview, propelling the earnings of cable and satellite TV providers upward in the second quarter. Advertisers, particularly automakers, also spent more in the quarter. Time Warner Cable Inc., DirecTV Inc. and Cablevision Systems Corp. all show healthy upticks in demand for their pricier digital cable tiers, high-definition TV packages and rentals of digital video recorders and movies. They also raised rates, boosting profits. Even as other industries struggled in the sluggish economy, the subscription TV busi ness cable and satellite TV providers and phone compa nies that offer video has not seen much of a downturn. People have been reluctant to give up their entertainment altogether, and staying home to watch TV is still cheaper than going to the movies. Of the three, which serve about a third of the nation's TV viewing households, DirecTV gained the most video subscribers, 100,000 in the quarter. Cablevision added 2,900, which is a small num ber but at least it's not losing video customers as other major cable companies are. By contrast, Time Warner Cable lost 111,000 video customers in the quarter, as people continued to ditch cable subscriptions for satellite deals. Comcast Corp. saw the same trend last week when it report-ed earnings. But of the ones Time Warner Cable kept, more signed up for pricier digital cable pack ages. Time Warner Cable customers paid an average of $72.56 per month for video in the quarter, up 5.2 per cent from the prior year. DirecTV and Cablevision also said customers paid more p er month on average, thanks to price increases and steppedup orders for pay-per-view, digital TV, HD and digital video recorders. DirecTV, the largest of the three companies by number of subscribers, says it's bullish about more growth ahead for its US and Latin America businesses. Consumers weren't the only ones willing to open their wallets a little wider in the quar ter. While cable and satellite TV companies make most of their revenue from subscriptions, a small slice still comes from advertising. Advertising revenue increased 24 per cent to $216 million at Time Warner Cable, in part because of more spend ing by automotive companies and political groups. Cablevision's AMC, IFC and WE tv cable channels saw an 18 per cent jump in ad revenue, and DirecTV also said ad revenue rose. Cablevision's Newsday newspaper was the only drag, down 12.6 per cent in ad revenue. Even as the companies trumpeted strong quarters, they remain concerned about the state of the economy. Time Warner Cable said it saw some weakness in July, the start of the third quarter. And Cablevision noted that the housing market remains soft, which can hurt business. If people move less, they're not disconnecting service in their old home and reconnecting in their new one a major opportunity for the TV providers to snag new cus tomers. In the quarter, Time Warn er Cable said earnings rose by eight per cent to $342 million, or 95 cents per share, on revenue of $4.73 billion. Results exceeded Wall Street's expectations. DirecTV's earnings got a boost from its Latin American operations, which grew f aster than the US business in the quarter partly due to World Cup fever. Earnings rose by 33 per cent to $543 million, or 42 cents per share. Revenue rose 12 per cent to $5.85 billion. Cablevision's results in the second quarter were similarly healthy. Revenue rose 5.8 per cent to $1.8 billion. While net income fell 30 per cent to $60.9 million, or 21 cents per share, it was mainly due to a $110 million loss related to paying off its debt and to write off certain financing costs, and other items. Without these items, earnings would have risen. Shares of Cablevision, based in Bethpage, N.Y., fell by 10 cents to close Thursday at $27.44. Time Warner Cable in New York gave up 64 cents to $58.38 while DirecTV added 90 cents, or 2.4 per cent, to $38.80. DirecTV is based in El Segundo, Calif. Consumer demand boosts ca ble and satellite TV pr ofits Wheat futures soar after Russia ends exports Share your news The Tribune wants to hear fr om people who ar e making news in their neighbourhoods. Perhaps you are raising funds for a good cause, campaigning for improvements in the area or have won an award. If so, call us on 322-1986 and share your story. WHEAT WOES: Central Illinois farmer Richard Hendricks uses a combine to harvest his winter wheat crops near Chandlerville, Ill. Russia banned grain exports for the rest of the year on Thursday after a severe drought and wildfires destroyed 20 per cent of its wheat crop. The price of wheat, which has already jumped 70 per cent on world markets this summer, rallied further on the news. (AP Photo COLD STARE: Russian PM Vladimir Putin arrives for Cabinet meeting in Moscow Thursday. (AP Photos
NEW YORK (AP prices fell Thursday after an economic report suggesting that hiring in the US remains weak. Benchmark crude for September delivery fell 46 cents to settle at $82.01 a barrel on the New York Mercantile Exchange. Oil has traded in the $70s for most of this year on concerns about the global economic recovery. Analysts believe traders are looking beyond ample supplies and anemic demand this week to capitalize on a weaker dollar and low US interest rates. Since commodities such as oil are priced in dollars, a weaker dollar makes them more attract ive for foreign buyers. S igns of improving US oil d emand helped support crude prices recently. In its weekly report Wednesday, the Energy Department said commercial oil inventories fell by 2.8 million barrels last week, a bigger drop than analysts had expected. But some say fundamentals did not justify current prices. Analysts at Commerzbank in Frankfurt said speculative investments in the oil market were on the rise due to a generally weaker US dollar and reduced risk aversion, mainly technical factors. "As the supply/demand balance remains comfortable, we do not expect the oil price to lastingly exceed $80 a barrel and instead see it declining toward $70 in the months ahead," Commerzbank said. The Labour Department Thursday said initial claims for unemployment benefits jumped to 479,000 last week from a 460,000 a week earlier. Economists polled by Thomson Reuters had forecast new claims would fall modestly to 455,000. The department will release its monthly jobs report Friday, which can be a key indicator of economic growth. In another report Thursday, US retailers reported modest sales gains in July, raising concerns about the health of the back-to-school shopping season. In other Nymex trading in September contracts, natural gas fell three per cent (see story on this page) The expectations for an active hurricane season combined with hot summer weather had driven prices higher prior to this week. Natural gas drops on revised hurricane outlook C M Y K C M Y K BUSINESS PAGE 8B, FRIDAY, AUGUST 6, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM By SANDY SHORE AP Business Writer NATURAL gas prices fell Thursday after the government downgraded its hurricane forecast just ahead of the most active period for storms. Natural gas fell more than three per cent. The expectations for an active hurricane season combined with hot summer weather had driven prices higher prior to this week. At the pump, motorists found higher prices in wake of a recent rally in oil prices. The national average for a gallon of unleaded regular gasoline rose 1.8 cents to $2.765, according to AAA, Wright Express and Oil Price Information Service. It's up 2.1 cents from a week ago and 18 cents from a year ago. In its revised forecast, the National Oceanic and Atmospheric Administration said it expected as many as 20 named storms in the Atlantic this season with up to 12 hurricanes. As many as six could become major hurricanes with sustained winds of at least 111 mph. That compared with a forecast issued May 27 calling for 14 to 23 named storms, eight to 14 hurricanes and as many as seven major hurricanes. The government agency said it still expects a busy, active hurricane season, which typically runs from August 15 to September 15. Natural gas for September delivery fell 16.1 cents, or 3.4 per cent, to $4.576 per 1,000 cubic feet in trading on the New York Mercantile Exchange. More discouraging economic news also weighed on energy prices. Oil traders recently have been monitoring movement in equities for hints about how confident consumers are in the economic recovery. OIL SLIP: A gas pump nozzle is shown in Portland, Oregon. Oil prices slipped toward $82 a barrel yesterday, pausing from a rally that lifted the commodity to a three-month high this week amid a weakening dollar, positive corporate earnings. (AP Photo Oil slips after economic report that suggests hiring in the US remains weak