N ASSA U AND BAHAMA ISLANDS LEADING NEWSPAPER Nine-year-olds carrying guns V olume: 107 No.117TUESDAY, APRIL 12, 2011 PRICE 75 (Abaco and Grand Bahama $1.25 W EATHER SUNNY AND NICE HIGH 86F LOW 74F F E A T U R E S SEEWOMANSECTION S P O R T S Contestants hit SEESECTIONE the runway Sheniqua Ferguson opens outdoor season with victory B y AVA TURNQUEST Tribune Staff Reporter email@example.com GUN-WIELDING youths, some as young as nine-yearsold, can be found among the c riminal faction wreaking hav oc in Nassau Village. Disgusted by the preval ence of gun crime, a Matthew Street resident lamented the social deterioration of thei nner-city community. We have it bad in the back there, said the resident. Children having children, girls going with men for mon ey. Young boys aged nine, 11, 13, they have guns. They gamble, sell drugs and steal 24/7 and its allowed by their parents. It doesnt happen once a month, it happens everyday, the resident added. The police come through here every day. They (resident thugs) will gang you, they will rob you. I cant leave my house without anybody there (in the house of opportunists in the back here. They will do anything for any small amount, their m inds are just that small. The long-time resident moved into the community in 1989 during the second phase of a government initiative, which gave the single parent, and like persons, the opportunity to own their own home. The resident said: It was n o way near like it is now. It was good, the people were good. It has changed tremendously since then. I dont know what it is or when it happened, I wish I could have pinpointed it. Different neighbours started moving into the area, they integrated, and a lot of pettiness just started happen ing jealousy, the resident added. Things changed, poor parenting some people in the area trying to rear their children in a right way but after a while some of them turn away. It is so hard, even Cr iminals of all a g es wreaking havoc in Nassau Village TRY OUR D OUBLE M cFISH The Tribune THEPEOPLESPAPER BIGGESTANDBEST L ATESTNEWSONWWW.TRIBUNE242.COM B AHAMASBIGGEST CARSFORSALE, HELPWANTED ANDREALESTATE I N S I D E B y PAUL TURNQUEST T ribune Staff Reporter firstname.lastname@example.org T HE Progressive Liberal Party has again defended its leader Perry Christie f rom yet another assault by t he FNM who has now c alled Mr Christies credibility into question. A ccording to the FNMs most recent press release, Mr Christies insistence onr enationalizing BTC once h is party is returned to office without knowing S EE page 10 PLP DEFENDS CHRIS TIE FROM FNMASSAULT SEE page 10 By AVA TURNQUEST Tribune Staff Reporter email@example.com THE Bahamas is not receiving its relative propor tion of international HIV funding available at national level, despite having the highest prevalence in the region. Speaking at a grant writ ing workshop yesterday, Dawn Crosby, a Non-Gov ernmental Organisation (NGO said there was a huge incon gruence between the countrys generalised epidemic and assistance rendered to other Caribbean countries of lesser statistics. Ms Crosby said: The Bahamas has the highest SEE page 10 By CELESTE NIXON Tribune Staff Reporter cnixontribunemedia.net THE MP for St Cecilia, Cynthia Mother Pratt, was honoured over the weekend in North Carolina when she was inducted into the Sister Delany Honour Society by St Augustines College in Raleigh. The award is given by the University to salute the excellence of alumnae who have made significant contributions to the College and within their local communi ties. Each inductee was awarded the Delany cup and saucer. Mrs Pratt received her Bachelor of Arts degree, majoring in health and eduSEE page 10 C ON CERNS RAISED OVER B AHAMAS INTERN ATIONAL HIV FUNDING CYNTHIA MO THER PRA TT IS HONOURED BY USUNIVERSITY F e l i p M a j o r / T r i b u n e s t a f f NEWNATIONALSTADIUM NEARSCOMPLETION GREATSEATS: Thenew Bahamas National Stadium makes for an impressive sight as it nears completion. The facility, at the Queen Elizabeth Sports Centre site, is scheduled to be completed by the end of June this year. The $30m stadium is a gift from the Chinese gov ernment.
L OCAL NEWS PAGE 2, TUESDAY, APRIL 12, 2011 THE TRIBUNE THE 2011 Ride For Hope, held on Saturday, April 9, raised more t han $300,000 for the fight against cancer. T he full proceeds of the charity cycling event, held each year in E leuthera, go towards improving education, research, early detection and treatment assistance. In this its sixth year, the event attracted a record 550 riders. The R ide was staged in Governor's Harbour, and the course stretched from P almetto Point in the south to Glass Window in the north. The presenting sponsor was Odyssey Aviation. P hotos/ B en Jamieson R IDEFOR H OPE 2011 R IDERS PEDALLING t he long, but beautiful miles, along Eleutheras coast. ABC NASSAU part icipated in their f irst Ride for Hope. These physically handicapped athletes set the bar for positive attitude a nd enthusiasm and were an inspiration to all. A MEMBER of the JAR Cycling Club celebrates her fin-i sh at the Ride for Hope. A RIDER from Team Bank of the B ahamas cools off after participating in the 20121 Ride for Hope, presented by Odyssey Aviation. E CLEMENT BETHEL N A TION AL AR TS FES TIV AL C OMES T O MAN-OWAR CAY MAN-O-WAR Cay All Age S chool student Kyle Reeves' mother, Katie ( left), watches her son per form, as hismusic t eacher Deanna Stecker looks on, during a workshop held f or the school by adjudicators of the E Clement Bethel National Arts Festival, on April 4. CHORAL and Instrumental Music Adjudica tor Helen Peloquin (at piano shows Man-OWar Cay All Age School music teacher Deanna Stecker a song as part of the workshop. STUDENTS from the Man-O-War Cay All Age School perform a song as part of the workshop held for the school by adjudicators of the E Clement Bethel National Arts Festival. Eric Rose /BIS
M EMBERS of the public are being asked to renderw hatever financial assist ance they can to the Thurston family as they continue their fight againsta disease that has already claimed the life of one parent. Due to her poor health, m other-of-seven Consuela Thurston, a stage four breast cancer patient, is now unemployed and with-o ut insurance. Y esterday, Mrs Thurston explained that life for her family whose plight hasb een featured in T he Tri bune several times in recent months continues to be hard, as she is still not ablet o work and provide for her c hildren. Pictured above in Febru ary, the youngest Thurston child, two-year-old Brian n a, points to a photo of her parents as her sisters Sarah,e ight, Brittiny, 10, and her m other Consuela, look on. Later that day, the family would learn that Peter Thurston, 42-year-old husband and father, had died of complications due to Hodgkins Lymphoma. M r Thustons death came as a tremendous blow to Mrs Thurston and her fam ily as they had already been s truggling with harrowing h ealth and financial chal lenges for more than a year. M rs Thurston is expect ing to resume chemotherapy this week but constant ly worries about her family a nd their future. S he said: Every day is a struggle to make ends meet. It is scary, we are living on hand-outs that how we are surviving. Despite personal health challenges, Mrs Thustonss taunch faith and boundl ess optimism remain a source of strength for her family. I continue to pray and hope that things will get better, she said. Anyone who can provide a ssistance of any kind to the Thurstons is asked to contact Consuela at 5443444 or make a donation to the Scotiabank branch on East Street and SoldierR oad, account number 1 9303. By MEGAN REYNOLDS Tribune Staff Reporter m firstname.lastname@example.org THE five-year-old girl who died as a result of an accidentat the waterpark at Atlantis did not have to die accord-i ng to eye-witness accounts r eported in the Canadian p ress. Brooklyn Keelia Ratti, of Edmonton, Canada, died in hospital on Thursday following an accident at the Kerzn-e r International resort on Paradise Island on Monday afternoon. Toni Randall, a trained nurse from Flushing, Michigan, has told the media she was at the waterpark when s he heard a woman scream and saw a child being carried o ut of the water at around 4pm. She rushed over to assist and the girls mother said her daughter had been playing by poolside chairs and disap-p eared when she turned her back for a moment, Ms Randal told The Vancouver Sun. Pulse Ms Randal, a qualified nurse who has advanced cardiac life support training, said the girl was not breathing, but still had a pulse, so she begant o administer mouth-tomouth rescue breathing. She said CPR is not necessary when a pulse is present. But as she was treating the child a staff lifeguard arrived a t the scene and started to a dminister CPR and caused t he child to vomit. An Emergency Room physician and an orthopaedic doctor from Ann Arbor, Michigan, then came to the childs aid. Ms Randall said the ER d octor performed a jaw thrust to open the girls blocked airway, and when it did not work, she resumed the mouth-to-mouth rescue breathing. However, she was pushed away from the scene when around 10 lifeguards, estimated to be aged between 17 and 22, arrived and took control. She said some of the lifeg uards started performing CPR without checking for ap ulse or turning the girl over to prevent water from going into her lungs, and when she told them she was qualified to help, and had her advanced cardiac life supportt raining certificate and nursing licence in her room, they told her the qualifications were not valid in the Bahamas and ordered her tos tand back, or they would call the police. They actually made us move, they wouldnt let us assist, wouldnt let us help, Ms Randall told the press. We were trying to tell them, she has a heartbeat, dont do CPR. Breaths The little girl attempted to take two breaths, but they just continued with the CPR and rescue breathing. The family was yelling, theres a doctor here, theres a nurse here, let them work o n her. When the resort nurse arrived they did not have ephinephrine shots, IV or a childs CPR mask for the girl. After about half an hour, a n ambulance arrived, but they did not intubate or start an IV. Meanwhile, an anesthesiologist had rushed to the scene, but wasnt allowed to intubate the child to help create an airway, Ms Randall said. Ms Randall said the lifeguards should have been willing to allow the experienced health professionals to assist. The whole rescue took too l ong to realistically prevent brain damage from lack of oxygen, she added. She has filed an incident report at the hospital, and contacted resort managementt o let them know her concerns. This little girl did not have to die, she said. Kerzner International's vice president of public affairs Ed Fields said: The incident is currently under investigation by the relevant authorities and we are not in a position to offer any further comment at this time. Again our thoughts are w ith the family at this most difficult time. LOCAL NEWS T HE TRIBUNE TUESDAY, APRIL 12, 2011, PAGE 3 Trained nurse claims girl did not have to die after accident at Atlantis THE YOUNGEST Thurston child, Brianna, points to a photo of her p arents as her sisters Sarah and Brittiny and her mother Consuela look on. FINANCIAL ASSISTANCE APPEAL FOR FAMILY FIGHTING CANCER
B y LAMECH JOHNSON A MEMORIAL will be h eld this morning for the two US Navy officers killed in a fighter jet crash last Wednesd ay in California one of w hom was a Bahamian, T he Tribune has learned. Lt Matthew Ira Lowe, 33, o f Plantation, Florida and his colleague were killed after their two-seater F-18 Hornetw ent down during routine t raining for an upcoming air show, according to the Navy. He is the son of Ira and Pamela Lowe of Ft Lauderdale, FL formerly of Nassau and the nephew of Nas-s au residents Curtis and Alice Pinder. His cousin, Tanya Lowe, said Matthew was like ab rother to her, and that they were "very close". Everybody is pretty dev a stated, she said, adding that her cousin loved his job and "died doing what he loved tod o. He was an awesome guy with a vigour for life that showed in his ever-presents mile. He was loved and treasured by his entire family and friends and will be missed fore ver, but never forgotten." W hile only the immediate family, those that live and work on the Lt Lowes base a nd retired military officers are allowed to attend the memorial in California, thef amily plans to hold a funeral a t Calvary Chapel in Ft Lauderdale where Matthew Lowes brother is a minister when the military releases his body. The other lieutenant that d ied in the crash was Nathan Hollingsonworth Williams, 28 of Oswego New York. Matthew spent a lot of time i n the Bahamas during the summers of his childhood, and greatly enjoyed boating a nd fishing. He has been awarded the Navy/Marine Corps Achieve-m ent Medal and the National Defense Service Medal. Both officers are to be giv en a 21-gun salute during the s ervice. LOCAL NEWS T HE TRIBUNE TUESDAY, APRIL 12, 2011, PAGE 5 Now through Sat Apr 16 on Mackey StDURING NASSAU GLASS COMPANYSART GALLERY & LIGHTING CENTREPre~Inventory SaleA M O S F E R G U S O N O R I G I N A L ST a k e a d v a n t a g e o f t h i s o p p o r t u n i t y t o s a v e !L i m i t e ds u p p l y o fA m o sp a i n t i n g sa v a i l a b l e .D o n tm i s s o u to n o w n i n g ac h e r i s h e dA m o s O r i g i n a l TWENTY-FOUR foreign nationals were taken into police custody on Sunday after a quantity of cocaine and marijuana was discovered onboard a boat near Great Inagua. Sometime around 3pm on Sunday, offic ers of the Drug Enforcement Unit (DEU of OPBAT and other police intercepted a vessel in waters off Great Inagua. The vessel was searched and officers found the illegal drugs onboard. The foreign nationals were taken into police custody and are e xpected to be flown in to New Providence sometime today. Police investigations continue. ONE man was shot in the face and another in the leg in the Ida Street area on Sunday. According to reports, sometime around 12.38am, police received information of gunshots being d ischarged at Ida Street and Balfour Avenue. At the scene, police were informed that two men were at Ida Street when they were approached by a man armed with a handgun. It is reported that the gunman fired shots at the men which resulted in both men sustaining gunshot injuries. The men were taken t o hospital by a private vehicle and are both listed as in stable condition. A man is in hospital in stable condition after being shot outside a home in Nassau Village on Sunday. Shortly before 8pm, police received a report of a shooting at Matthew Street, Nassau Village. According to reports, a man was standing outside a home on Matthew Street when a black Ford Explorer pulled up and the occupants shot at him. The man received a gun shot injury to his arm. The victim was taken to hospital in a private vehicle. B y MEGAN REYNOLDS Tribune Staff Reporter email@example.com POLICE have denied sending out an e-mail warning calling on driverst o beware of new carjacking tactics sweeping the islands. Hundreds of e-mail users are thought to have received the warning from police detailing the new way to do carjackings and claiming it is not a joke. H owever police press liaison officer Sgt Chrislyn Skippings confirmed yesterday the e-mail was not sent out by the Royal Bahamas Police Force (RBPF r epresent any real crime trend. The message claims carjackers are placing pieces of paper on the rear windows of parked cars to obscure the view as drivers go to reverse outo f their parking space. When the driver then gets out of t he vehicle to remove the piece of paper, the carjacker will appear out of nowhere, jump into your car and take off, the e-mail claims. So now the carjacker has your car, your home address, your money, and your keys; Your home and y our whole identity are now compromised, the message warns. If you see a piece of paper stuck to your back window, just drive away. Remove the paper later. Andb e thankful that you read this email. T he e-mail has been circulated to hundreds of people, many of whom have received it more than once over the last several weeks. However, Sgt Skippings maintains there does not appear to be any truth to claims in the e-mail warning a s there have been no reported crimes indicative of such behaviour. The RBPF has not received any complaints involving this method of operation, she said. The RBPF encourages you to be vigilant and alert to your surround-i ngs at all times and to report all suspicious people, cars and activities. Police deny sending carjacking e-mail 24 FOREIGN NATIONALS IN CUSTODY AFTER ILLEGAL DRUGS FOUND MEMORIAL FOR BAHAMIAN PILOT AND COLLEAGUE KILLED IN USNAVY CRASH LT MATTHEW IRA LOWE is pictured right a nd (below t op of a fighter jet. NASSAU VILLAGE COMMUNITY W ALKABOUT FATHER Norman Lightbourne along with other members of Holy Cross Anglican Church Family, Sherilyn Miller of Christ Church Cathedral's Vestry, and Sherlyn Hall, Deputy Permanent Secretary in the Parliamentary Registration Department, teamed up with the Nassau Village Urban Renewal Family for a community walkabout last Thursday in the Nassau Village area. Organisers said it was a fruit ful and rewarding exercise that marked the beginning of a lasting relationship of a social partnership aimed at improving community relations, and building togetherness for the benefit of all. Share your news The T ribune wants to hear from people who are 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 shar e your stor y.
L OCAL NEWS P AGE 6, TUESDAY, APRIL 12, 2011 THE TRIBUNE By K QUINCY PARKER Press Attach Embassy of The B ahamas WASHINGTON, DC Minister of State for Laboura nd Social Development Loretta Butler-Turner said the national training and retraining programmes i mplemented by the Government of the Bahamas have been very well received i n the hemisphere, and are i n fact being touted among t he regions best practices by the International Labour O rganisation (ILO T he minister was in DC for a week of meetings, ending with the Inter-American Development Banks (IDB Regional Dialogue For Labour Markets And Social Security Policy. A t those meetings, she r eported on the implemen tation of an unemploymentb enefits programme in the B ahamas that saw more t han $16.4 million shelled out in its first four months, and a retraining programme with an 80 per cent completion rate. The minister discussed a spects of the Governments labour and social agenda, with special emphasis on programmes and initiatives aimed at ameliorating thew orst effects of the financial crisis since mid 2008. That c risis, she said, rocked the t hree pillars of the Bahamia n economy tourism, financial services and construction and led to a severe economic downturn. The magnitude of the cris is became obvious when we began to see massive lay-offs a t large hotel properties and d ouble digit unemploym ent, Mrs Butler-Turner said. These events were followed by an increasing num b er of requests for all forms of social assistance. Faced with this, the minister said, the Government i nitiated dialogue with its social partners. Some time ago, the Government had i ntroduced the Tripartite F orum on Labour (TRIF OR), which brought together representativesf rom government, the e mployers confederation, unions, the Bahamas Chamber of Commerce and other non-governmental organisations to discuss issues related to labour. The Bahamas also b ecame a signatory to the p rotocols of the ILOs Decent Work Country Programme, which aims tod eliver ILO support to countries. UNEMPLOYMENT BENEFIT P ROGRAMME Mrs Butler-Turner said t hese steps meant that the B ahamas had already taken s teps that allowed the government to move swiftly with its social partners, particularly those in labour and c ommerce, to agree on a c ourse of action in response to the economic crisis. A significant and landm ark initiative was the introd uction of the Unemployment Benefit Programme by the National InsuranceB oard, the minister reported. This programme had the full involvement of our s ocial partners before it was implemented as social dialogue is mandated by the D ecent Work Agenda of the I LO. I n April, 2009, the National Insurance Board (NIBi ntroduced the interim phase o f the Unemployment Benefit Programme. The intent was to help ease the financial burden of as many unemployed workers as possible, Mrs Turner said. During this first month ( April 2009) 5,010 claims were awarded, valued at $8,103,233.00, with the aver-a ge weekly benefit being $134. By the end of the four months between April andJ uly 2009 just over 10,000 c laims had been awarded at a cost of $16,409,703.00. T he programme was i mplemented throughout t he Bahamas. T he minister pointed out t hat one of the main stipul ations for receiving the Unemployment Benefits is that the applicant must first register with the Employment Exchange of the Department of Labour. This exchange connects potential employees with employers, w hich speeds up the process o f getting a new job, and shortens the time unemp loyment benefits may be necessary. The permanent phase of the Unemployment Benefits Programme required an adjustment in contributions, and so, on June 1, 2010 for t he first time in the 35-year existence of the National Insurance programme the r ate of contributions were i ncreased by one per cent o ne half per cent to be paid by the employer, and the other half percent to be paidb y the employee, she said. While the goal of the Unemployment Benefit Pro gramme is to assist theu nemployed, it is structured in such a way as to avoid over-dependence, Mrs Turner explained. NATIONAL TRAINING PROGRAMME The Bahamas Governments second major r esponse to the financial cris is was the creation of a N ational Training Programme administered by theM inistry of Labour and S ocial Development in conjunction with the Bahamas Technical and Vocational Institute, and the College of the Bahamas, she said. In July 2009, the governm ent allocated $250,000 to t he Department of Labour f or the programme, which was primarily aimed at hotelw orkers who had been r ecently terminated. I am pleased to report t hat over 700 people e nrolled and there was an 8 0 per cent completion r ate, she said. Eighty-five Graduates of the National Training Programme went on to participate in an Entrepreneurial Programme. Based on the production of business plans which were r eviewed by a panel, 42 part icipants were awarded a small grant to start a small b usinesses venture, many of whom are now engaged in the production of craft items made from indigenous products. The Bahamas social security programmes praised in Washington AS A RESULT of increased police visibility over the last four days, eight males and one female have been takeni nto custody in connection with firearm possession. Ten i llegal firearms were removed from the streets of New Prov idence. Police also made a significant arrest in connection with a recent murder in Nassau Village. A 20-year-old male of M alcolm Allotment is being questioned. The man is also being questioned in connection with possession of an unlicensed firearm and stolen vehicle. 10 arrests as police step up visibility M INISTER OF STATE f or Labour and Social Development Loretta Butler-Turner
IN a statement issued over the weekend, the FNM referred to former prime m inister and current leader o f the PLP, Perry Christie, a s the worst prime minister in the history of the Bahamas. The PLP issued the foll owing statement in r esponse: T HE Progressive Liberal P arty is astounded at the l evel of idiocy to which the Free National Movement now stoops. It is no wonder that they are now called in many circles the "Foreign National Movement". This pathetic piece of fiction w hich they released this afternoon confirms that they wish to elevate trash talkingt o the level of public policy. It is stupid.It is idle. It is c razy. It is a concoction of lies and half truths. We have said repeatedly: t ry as the FNM and its foreign minders wish to, this e lection is not a contest between two men. This is about the abject failure of t he FNM under their obsequious prime minister to p rotect this economy, to keep its people employed and to bring in foreign investment and to control crime. Pr oject Every single project about which the FNM now boastsis a project of the PLP, left i n place from before 2007. They have no projects of their own. They have not been able to bring in ones ingle new project. What we see in this com mentary is the same non s ensical trash talking in w hich the Minister of Labour Dion Foulkes engaged when he spoke in the Senate on the sale ofB TC. The sale of BTC is the single most shameful act of national treachery in the his t ory of our country. How do these FNM people and their leaders who a re so unpatriotic, who sold out our country with the BTC sale have the nerve, t he unmitigated gall to raise their ugly heads in this coun-t ry to talk about the PLP and its leader? They are s hameless political infidels w ho ought to be hanging t heir heads in shame for selling out this country. It is notl ong now before the B ahamian people will toss them out on their collective behinds for their stupidity and their treachery in office. The commentary issued by the FNM today would be laughable if it did not d emonstrate the extent to w hich the FNM is out of t ouch with reality and the p eople of this country. The r ecent statements by B ranville McCartney speak to this divide between we the people and the special interests that control the FNM. Mr McCartney was their own member when he said that Mr Ingraham l acked compassion and was unconnected to the Bahamian people. He resigned from t he party as a result of the F NMs policies. W hat is required of a prime minister is compassion for his people, deliber-a te judgment and a level head; not one who comes and goes in a heated rush. We need a man who lovest he Bahamian people, not one like the people in the FNM who hate the Bahami an people and hold them in c ontempt. The PLP left in place in 2007 a vibrant economy,m oney in the treasury. In t he four short years since, we are being forced to borrow, borrow, borrow and now we have to sell the fur n iture in the form of BTC to pay for the house. All because of the FNM and MrI ngraham. There are no scholarships for the children but instead roads are being built every-w here.Businesses are closi ng down left right and centre, unemployment is on the rise; crime is on the rise and out of control.The governm ent is silent and helpless and they have the nerve toa ttack the PLP. The PLP is not the government. W hen we were in the gove rnment we left in place a c rime fighting mechanism in the form of a national youths ervice and urban renewal. T he FNM cancelled all of that. The FNM is the government and there have been more murders in this country under them than at any time in our countrys history. That is what the F NM must answer not e ngaging in stupid trash talk i ng on Gods Sunday aftern oon. Q uite frankly, the FNM s hould be banished for the hell they have inflicted on the Bahamian people. It is an interesting spin to characterise a hard headed, hostile and insulting bully as decisive and strong. Further t he FNMs judgment under Mr Ingraham has been tested and found lacking. How e lse would you explain the B TC transaction which s macks of corruption, betrayal, and the pandering to special interests? W ho inserted Cable and Wireless tentacles into URCA it wasnt Mr Christie was it? Cer emony It was Mr Ingrahams rush to give away BTC to hisB ritish friends that resulted i n the embarrassing snafu when the signing over cere mony was postponed because no one had consid ered all of the angles. Decisiveness? More like bungling bozos!! A s for Bluewater, Mr C hristie never approved, or presented Bluewater to parliament or the Bahamian people. The FNM is so dis honest they want to discuss a deal which never happened rather than the one which t hey did. Spin? You bet!! Mr Christies reverence for all things Bahamian, l eads him to be more cons ultative. That is better than being dictatorial. M r Ingraham prefers to e mploy foreign workers to b uild roads that Bahamians can build. He employs a foreigner wherever he can.T hose are the facts. B rent Symonette is not our immigration minister, hei s the immigration minister o f foreign special interests. Really, can the management of these road-works be called competent? Give usa break from this FNM dri vel. That is why they lost the court case brought by them erchants! Too much haste, not enough consultation. Mr Ingraham should not brag about establishingu nemployment benefits. Mr C hristie (by the FNMs own admission) left a booming employment with virtually full employment. After (according to Standard & Poors) mis-managing the economy, Ingraham had toc ome up with a programme t o clean up the mess created by his own bad judgment!! We guess that the Bell Island BNT/Exuma Land and Sea Park fiasco was m ore good judgment too e h? And then what about the M ona Vie drink and its conn ection to his Minister of S tate Zhivargo Laing? No one believes this trash talking for one minute! Y oung Bahamians do not b elieve they have a stake in this country with this FNM,I ngraham led administrat ion. Is it not interesting that Mr Ingraham seeks to limit the Commissioner of Policea nd the Commodore of the Defence Force to two terms, but he himself is seeking af ourth term? He used to say that a prime minister should only have two terms. Further he told Sir Lynden thath e was too old to be prime m inister, but he himself is two years older than Sir Lynden was when he left parliament and now Mr Ingraham wants another five years. Never. Thats Ingraham for you: the Film Flam mando as I say, not as I do. A nd this is not about age. This about relevance to the t imes. The question is w hether or not the FNM is r elevant to a time such as this. The Ingraham government has sold out then ation. Their patriotism is s orely lacking; is absent in fact. The answer from theB ahamian people is not m ore than one year away. We demand that the FNM calls elections and calls them now. T HE TRIBUNE TUESDAY, APRIL 12, 2011, PAGE 7 '1$ 7(67,1*7KHWLPHLV:1RDLQ 1RRWKHUHHGHG PLP: the FNM party should be banished C OMMENTARY PLPLEADER Perry Christie FNM criticises Christie in new statement LAST night, the governing FNM party released another statement criticising PLP leader Perry Christie. Calling it another example that he is unfit to lead the Bahamas, the FNM attacked Mr Christies claim that if returned to office, he will re-nationalise BTC even though he has absolutely no clue how he would do so. The statement noted that Mr Christie, an attorney, told a local pub lication he would have to consult a lawyer about how to re-obtain majori ty control of BTC. One would have thought that Mr Christie would have thought his plan through before making his pronouncement, the statement said. What Mr Christie must state categorically is whether it is the intention of the PLP to introduce nationalisation of private businesses as a matter of policy whenever they might return to office. The country now fully appreciates that Mr Christie and the PLP wish to re-impose the state monopoly in telecommunications. With the support of the Bahamian people, the FNM is committed to ensuring that Mr Christie and the risky and extremist PLP do not have an opportunity to destroy the telecommunications sector with their reckless plans to reverse the new direction in telecom munications that will provide the Bahamian people with expanded and better services and choices, it said. The FNM added that it is committed to removing the government from competing with the private sector in areas of the economy that are more efficiently and effectively managed by the private sector. INTERNATIONALNEWS CARACAS, Venezuela Associated Press VENEZUELAdeported two suspected Colombian rebels Monday, sending a positive message to other nations that want President Hugo Chavez to ensure sus pected terrorists do not find haven in Venezuela. Carlos Julio Tirado Her nandez and Carlos Duban Perez Marin, suspected members of the National Liberation Army, were cap tured near Guasdualito, a town along Venezuela's southern border with Colombia on March 17, authorities said. The two men, who are suspected of participating in an armed attack on Colombian marines, were taken to Caracas' Simon Bolivar International Airport on Monday for return to Colombia, the foreign ministry said in a statement. Venezuela's decision to deport the suspects came as the leaders of Colombia and Spain said they expected Chavez to guarantee that members of terrorist groups, including Colombi a's two rebel armies and the Basque militant group ETA in Spain, are not permitted to hide out in Venezuela. "I hope that he cooperates so that any terrorist or terrorist groups can face tri al," Colombian President Juan Manuel Santos said during a meeting with Span ish Prime Minister Jose Luis Rodriguez Zapatero in Madrid. Rodriguez Zapatero said he hopes that Venezuela approves Spain's request for the extradition of Arturo Cubillas, who holds a government job in Venezuela and is accused in Spain of helping ETA members get explosives training with Colombian rebels in Venezuela. Cubillas insists he is innocent. Venezuela to deport suspected r ebels
L OCAL NEWS P AGE 8, TUESDAY, APRIL 12, 2011 THE TRIBUNE T HE Bahamas Humane Society attended the Caribbean Animal Welfare Conference in San Juan Puerto Rico last week. President of the BHS Kim Aranha, board member Lissa McCombe and board secretary (who is also chairman of the anim al group BAARK) Laura Kimble heade d off to San Juan to represent the B ahamas and pick up some tips on improv ing animal matters back home. We all travelled at our own expense, s aid BHS president Kim Aranha said. "The BHS cannot afford to foot the bill for a trip like this. It was good fun and we got a chance to d o some sightseeing too. There were many lectures given on how to conduct a large spay and neuter programme in the islands, enhancement of adoption programmes, health and how to improve the general well-being of animals in the Caribbean. It was very useful for us to meet our fell ow animal advocates from the other i slands and share notes. We found we had many problems in common, Mrs Aranhas aid. We have made many good contacts and hope to be able to bring ideas home to help reduce the number of stray animals and to improve their lifestyles." By LINDSAY THOMPSON Bahamas Information Services T HE Bahamas and the Republic of South Africa are seeking to forge stronger ties in the areas of trade, tourism, investment, health and education. T hese areas were discussed during the first arrival and courtesy calls of Mathu Joyini, non-residentH igh Commissioner of the Republic of South Africa to the Bahamas, last week. Governor General Sir Arthur Foulkes accepted her Letters of Commission,a ccrediting her as High C ommissioner to the Bahamas during a ceremony at Government House lastT hursday. T he Bahamas and South Africa established diplo matic relations on July 28, 1994. The Bahamas played a prominent role in the SouthA frican liberation struggle, adopting the Nassau Under standing and the establishm ent of the Eminent Persons Group during the 1985 Commonwealth Heads of Government Meeting( CHOGM) held in Nassau. The success of this endeavour is a testament to the hurdles that can be overcome through unwavering commitment and determi nation. It is this same determi nation that continues to deepen the cooperation between our two countries and which formed the basis for bilateral partnership, as evidences by the signing in 2004 of a Joint Bilateral Agreement and the estab lishment in 2005 of a Joint Bilateral Commission, Sir Arthur said. The spirit of this cooperation also serves to enhance collaborative efforts in international organisations such as the United Nations, the Non-Aligned Movement and the Commonwealth of Nations, he said. The Bahamas is looking to South Africa, as a G20 country, to support its views regarding ensuring equity for small financial centres, its full accession to the World Trade Organisation, and visa waiver requirements for Bahamians to travel to that country. The Bahamas would also welcome South Africas par ticipation at the upcoming high-level meeting in September 2011 during the United Nations General Assembly session on the prevention of chronic noncommunicable diseases, Sir Arthur said. South Africa also will be the centre of attention towards the end of this year when Durban hosts the 17th Conference of the Parties of the United Nations Frame work Convention on Climate Change. The Bahamas anticipates that this conference will be a significant next step in reversing the devastating impact of climate change on its environment, Sir Arthur said. He also congratulated South Africa on being the host for the African Unions Diaspora Summit in 2012. He further noted the historic centenary anniversary of the African National Congress which is to be celebrated January 2012. High Commissioner Joyi ni, 43, has indicated her desire to explore ways to enhance existing cordial bilateral relations, particu larly in the areas of trade, tourism, investment, health and education. She has a Bachelor of Arts degree in social work and received Honours in Industrial Social Work from the University of Witwater srand, Johannesburg, South Africa. She also received a Masters in Social Work from the University of Pennsylvania, Philadelphia. She has worked in social work services in South African Chamber of Mines, served as manager of training and development and leadership development, Southern Life Association, Johannesburg. The High Commissioner also presented copies of her Letters of Commission to Deputy Prime Minister and Minister of Foreign Affairs Brent Symonette, and paid courtesy calls on Prime Minister Hubert Ingraham; Health Minister Dr Hubert Minnis; Education Minister Desmond Bannister, Agriculture and Marine Resources Minister Lawrence Cartwright, and members of the Diplomatic Corps. Humane Society attends conference in Puerto Rico DAVE PAULI of the Humane Society International; Lissa McCombe, BHS board member; Laura K imble, BHS board secretary; Kim Aranha, BHS president with the famous Paseo del Morro of San Juan behind them. Bahamas and South Africa strengthen ties M ATHU JOYINI non-resident High Commissioner of the Republic of South Africa to the Bahamas, paid courtesy calls on members of the Government and the diplomatic corps from April 5 8. Picturedf rom left are Peter Makwarela, Counsellor, South African High Commission, Jamaica; Dr Patricia R odgers, Permanent Secretary, Ministry of Foreign Affairs; High Commissioner Joyini; Sir Arthur; L ady Foulkes; and Deputy Prime Minister and Minister of Foreign Affairs Brent Symonette. D erek Smith / BIS MATHU JOYINI, High Commissioner of the Republic of South Africa to The Bahamas makes a courtesy call on Prime Minister Hubert Ingraham at the Office of the Prime Minister on Thursday, April 7. GOVERNOR-GENERAL Sir Arthur Foulkes (right Commission presented by Mathu Joyini, accrediting her as High Commissioner of the Republic of South Africa to the Bahamas, during a ceremony at Government House on Thursday, April 7.
By DENISE MAYCOCK Tribune Freeport R eporter d firstname.lastname@example.org FREEPORT As a result of the increasing demands placed on social workers, the Grand Bahama Association of Social Workers held a r etreat and seminar on Saturday at the Rand Nature Centre. Ettamae Jones, association president, said the retreat allows social workers to come together in a serene environment to fellowship, collaborate with c olleagues, and to recharge t hemselves to better serve their clients. D r Jonathan Holmson, a l icensed professional couns ellor at Ross University, was invited to speak to social workers about stressm anagement and how to effectively manage their time. In the fast pace of e veryday life we dont seem to manage our time effectively and once we can u nderstand how to manage o ur time effectively it w ould reduce stress levels and we would get mored one, said Mrs Jones. S he noted that social workers are in the forefront assisting many persons in the community. With the economic downturn over the past two to three years on GrandB ahama we have been i nundated with a lot of clients who have genuine needs, and so it is a day-t o-day challenge (for us Any time there is a social crisis in the country social workers are the onesin the forefront who go in a nd try to help persons come to terms with what is happening with them,s tated Mrs Jones. Mrs Jones believes that it is very important that social workers take care oft hemselves. For the most part we tend to be caregivers, and w e tend to give and give and we dont take time to pull away from our deskso r work. And it is important that from time to time w e step back and have s ome down time and become more knowledgea ble in certain areas, she s aid. A s part of the retreat, Mrs Jones said social workers also participated in an ature walk/hike at the Rand Nature Centre. She said that the associ ation extended an invita t ion to students at the College of the Bahamas study ing social work and to stu d ents enrolled in early c hildhood education at Terreve College. Dr Holmson said social workers serve a lot of peo p le and have busy lives helping others. He said stress manage m ent is very important because it will help social workers to help them s elves, loved ones, and the people they serve and work with. If we cant help ourselves in managing stress it i s hard to be able to help o thers not only to be able to manage their stress, but e ven to be able to connect w ith them. The key idea of time management is priority management. We donth ave any control over time, but we can set priorities, he said. Mrs Jones said the r etreat was also part of Social Work Month which was celebrated in March. S he said Social Work M onth is recognised around the world to bring awareness to the profession of social work and toe mpower social workers as well as their clients. The association has been c elebrating Social Work Month for the past three years on Grand Bahama. LOCAL NEWS T HE TRIBUNE TUESDAY, APRIL 12, 2011, PAGE 9 By JOHN ISSA TIM Donaldson, who has given outstanding service to the Commonwealth of the B ahamas for many decades both in the public and pri vate sectors, recently said that business is not the business of Government. Mr. Donaldsons most recent private contribution was as Chairman of Commonwealth Bank Limited a successful Bahamian owned bank listed on the stock exchange. His most recent public contribution was as chairman of the committee established to privatize Batelco. I will not attempt to mention all the important positions he has held but some one who has been Governor of the Central Bank and Ambassador to Washingtonas well as chairing the Col lege Council no doubt has the credentials to make us listen when he has something to say. And he has spo ken about the benefits of privatization. This column has dealt with this topic before and now that we have heard the call from such an experienced source who has watched and played the game from both sides of the field, this column feels com pelled to second the motion. There is little doubt that a private company operat ing in a competitive environment will be more effi cient than a Government owned monopoly. Even if a private company is operating as a monopoly under a concession granted by the Government, they are likely to be better watched and controlled than the situation in which a Government agency tries to regulate and control a Government owned company. There is a fundamental flaw in a system where the regulator and the regulated are essentially one and the same. The second reality is that in a small community such as the Bahamian family governed as it is by a democratically elected Government, even if from time to time there is less nepotism apparent in the filling of positions in public enterprises, it is certain as night follows day that at some time there will be. This is just a result of human nature. When this happens it is fundamentally unfair to the shareholders of the enterprise, which, as we all know, include all the cit izens of The Bahamas. Tim Donaldson has given decades of service and may have earned the right to take it a little easy, I however respectfully suggest that the authorities press him in to further service dealing with privatization a subject in which he very much believes. V IEWFROM A FAR J OHN I SSA I second the motion Social workers recharge at retreat L ICENSED PROFESSIONAL COUNSELLOR w ith Ross University Bahamas Jonathan Holmsten speaks at a seminar put on by the Grand Bahama Association of Social Workers called, "Whos in Control, You or Your Anger? Photo/ The Bahamas Weekly
L OCAL NEWS PAGE 10, TUESDAY, APRIL 12, 2011 THE TRIBUNE me, I had to work and when you leave the children aint doing the right thing. On Saturday, a Nassau Village home was burnt to the ground in an alleged act of revenge following an earlier shooting inci-d ent. The fire was the first of two blazes, the second of which occurred at William Street, affecting the inner-city community early Saturday morning. According to residents, the shooting of a 26-year-old man at Matthew Street and Alexandria Boulevard stemmed from a long-standing feud between two men over a woman. It was reported that an angry mob descended upon the house of the suspected gunman, also on Matthew Street, immediately after the incident. The crowd of men and women was said t o have threatened to burn the house down with all occupants inside, which included several small children. U p to press time, the shooting victim was said to be in stable condition at hospital after he was shot in the face shortly after 11.35pm on Friday. S peaking to The Tribune yesterday, the resident said: These young people they aint going nowhere, they been out of school and they are never going back, and its so sad. There are so much things going down around here. I cant feel nothing now Im numb. I cant move, Im paying mortgage. My house is worth around $200,000 now, the area isnt dirty, its the people in the area. Some of them dont want nothing in life, said the resident. h ow they will actually do it is yet another example that he is unfit to lead the Bahamas. One would have thought that Mr. Christie w ould have thought his plan through before making his pronouncement. What Mr. Christie must state categorically is whether it is the intention of the PLP to introduce nationa lization of private businesses as a matter of policy whenever they might return to office, the FNM said. F iring back, the PLP wasted no time in calling the FNMs comments another example of the level of stupidity and silliness to which the governing party has now sunk. According to the PLPs release, the FNM is once again attempting to pitch the upcoming election as a battle between their partys respective leaders instead of dealing with the issues. Let us refresh the publics mind and the FNM about what the issues are. When the PLP left office in 2007 under Perry Christie there was near to full employment. Today t here is record unemployment under Hubert Ingraham and the FNM. Today murder is at the highest rate ever under Hubert Ingraham. Crime is out of control. Today under Hubert I ngraham and the FNM our children cant get scholarships to go to school, but he is busy building roads. Today people are sleeping in their cars in Grand Bahama because they have no place to live under Hubert Ingraham and the FNM. Today people are living in darkness because they cannot afford to pay the light bills under Hubert Ingraham and the FNM.T oday the FNM and Hubert Ingraham have s old out the national patrimony in the form of BTC. The PLP and Perry Christie do not answer to the FNM; we know exactly what we will do to regain control of BTC. All we need say at this point is that it will be lawfully done, and the Bahamian people can take that promise to the bank. The FNM is shameless, disgraceful and now we add stupid, the PLP said. SEE PAGE 7 FOR FULL PLP STATEMENT c ation with a minor in sociology from St Augustines in 1983. In F ebruary, 1995, she was awarded an honorary doctorate degree f rom the University. For more than 20 years, Mrs Pratt secured scholarships for numerous Bahamians at her alma mater, giving inner city youth an opportunity that has changed their lives. "I think it speaks volumes about how they felt about me," s aid Mrs Pratt. M rs Pratt said she felt very honoured and grateful to be presented with such a prestigious award. The MP went to the United States with eight of her family members and close friends and was also presented with an a ward in her name from University President Dianne Boardley S uber and was allowed to address fellow colleagues at the Chapel on campus. She is currently gearing up for the launch of her autobiogr aphy, No Equal to God's Chosen: A leader's rise from poverty to destiny, on May 27 at 6pm at the Colonial Hilton on Bay Street. CYNTHIA MOTHER PRATT IS HONOURED BY USUNIVERSITY FROM page one C YNTHIA MOTHER PRATT i s honoured at St Augustines College. H IV prevalence in the region, and it hasnt been receiving any of the official development assistance, meaning from other governments bilateral aid frome ither the EU or the US. Ms Crosby added: The US ambassadors HIV Prevention Fund has been basically the only active mechanism here, but there are other large players and theres a h uge incongruence between the prevalence that is here in the Bahamas and the lacko f funding that it has r eceived from other count ries. The Bahamas is not g etting what it merits. Hosted by the US E mbassy, Ms Crosby pro vided volunteers with technical understanding on howt o write an effective grant a nd international funding opportunities for HIV/AIDS programmes. This session is specifically for NGOs that work in HIV prevention, awareness,r educing stigma and discrimination or even compliance with antiretroviral thera py, Ms Crosby said. Ms Crosby added: The small NGOs that dont have l arge staffs their best strateg y is to link with the larger c ompanies that do the programming in the Caribbean. W e want to help establish those bridges and help them navigate that space. T he workshop served as a prelude to the two-day NGO capacity building summit at the College of the Bahamas. The event was jointly organised by Civil Society Bahamas, TradeU nion Congress, US Department of State, and COB. NGOs are extremely i mportant, theyre huge play ers, Ms Crosby said. Civil society is the fourth leg of d emocracy, the one that c ompletes the loop between p ublic sector services and the citizenry. T he summit, which is due to begin today, seeks to coalesce NGOs in the countryf or information and resource s haring, and the strengthening of civil society. Panelists include representatives from various stakeholders such as the Bahamas Chamber of Commerce, BahamasA gainst Crime, Bahamas National Youth Council, and the Inter-American Develo pment Bank. Part of the US Department of States International Speaker Pro g ramme, Ms Crosby will be t he lead facilitator at the s ummit. Its the NGOs struggle. A lot of time theyre trying to reinvent the wheel, and so one of the things we want toa chieve is to bring them t ogether. Instead of duplicating efforts, theres a lot of things they can do together instead of working on their own in a silo, Ms Crosby said. S he added: They struggle with very few resources to try and make social impact. T he more we can give them tips and technical advice to leverage the amount of small a ssets they have, in terms of h uman resources, financial r esources, physical assets, and technical know-how, the b etter they can achieve their mission. The US Embassy has also s cheduled an Abaco works hop on Friday, which will be geared towards environmental NGOs. In partnership with the Bahamas National Trust and Friends of the Environment, MsC rosby will share technical expertise with environmentalists from Abaco and n eighbouring Family Islands, including Eleuthera, Grand Bahama and Bimini. Concerns raised over Bahamas international HIV funding FROM page one Nine-year-olds car r ying guns FROM page one FROM page one PLP defends Christie fr om FNM assault SUCCESSFUL infrastructural improvements to Saunders Beach have proven to be a measure of matured governance, accountability, sustain ability, and thorough planning, according to Environment Min ister Dr Earl Deveaux. Dr Deveaux recently toured the new Saunders Beach restroom facilities to inspect the $230,000 investment in civic wastewater disposal facilities. Landscaping on the roundabout and beach areas was arranged by Four Seasons Landscaping. Everyone can see that beach erosion, particularly on the north shore is a seasonal matter, and Saunders Beach has been wonderfully restored in time for the summer, said Minister Deveaux. The tree landscaping you see here came with a little history. These seagrapes and coconut palms came to the Bahamas at a time when we had a severe hurricane and we had to replace many of our lost trees. These were held at the Gladstone Road Agricultural Research Centre for this very kind of activity in the future, he said. The contract was awarded to Caribe Construction and the facilities should be ready for occupancy by the end of May this year. Bruce Lafleur and Associates designed the build ing and has maintained the Bahamian character as well as the hurricane resistant building standards. It also has accommodations for handicapped persons. Im very, very pleased that the casuarinas have been replaced. We have a stronger vista to the sea, a wonderfully restored beach dune, and we have native plants that are able now to hold the sand in place and the evidence of people enjoying it is there to behold, said Dr Deveaux. The Department of Envi ronmental Health will have the responsibility to staff the restroom facilities daily to maintain the cleanliness and required health standards. With respect to the bath room and landscaping, the Department of Environmental Health will place people here on a daily basis, whose direct responsibility will be to ensure that the bathrooms are kept clean and that supplies are kept in the bathroom, said Dr Deveaux. This particular beach is used widely by the public and tourist public. Now that it has a public toilet, I suspect the use will expand because at Goodmans Bay and Arawak Beach, you have a small toilet at Goodmans Bay and no toilet, other than private toilets, at Arawak Beach. So this one will increase with use and we plan for staff to be here. Landscaping will be low maintenance since the flora and fauna chosen are indigenously natural to the Bahamian environment. The landscaping is essentially going to be very much self maintained because they were careful to select plants that are coastal in nature and dont require a lot of watering and feed and that could withstand the harsh weather of the sea environment, said Dr Deveaux. There will be annual trimming of the trees and daily rak ing to ensure that we dont have weed infestation. But in terms of fertility and livability of the plants, they were designed and picked to live in this environ ment. After admiring how the casuarina benches, designed by artist Antonius Roberts, fit into the new environment, Minister Deveaux commented on why the decision to remove the casuarinas was the best decision to save the Bahamian envi ronment. Casuarina trees are very invasive. They destroy beach dunes. They live forever and they are a pest in terms of reproduction, said Dr Deveaux. This bench was our way of satisfying the emotional issue by making a good use of the casuarina, so people could con tinue to enjoy them. We hope to have something here, so you can have somewhere to barbe cue. Minister hails Saunders Beach improvements MINISTER OF THE ENVIRONMENT Dr Earl Deveaux reviews the restroom facility architectural plans with the contractor to assess the progress in the $270,000 project, which will be completed in May 2011. Gena Gibbs/BIS
INTERNATIONAL NEWS T HE TRIBUNE TUESDAY, APRIL 12, 2011, PAGE 11 WASHINGTON (AP A new, ultra-fast wireless Internet network is threatening to overpower GPS signals across the U.S. and interferew ith everything from airplanes to police cars to consumer navigation devices. The problem stems from a r ecent government decision t o let a Virginia company c alled LightSquared build a nationwide broadband netw ork using airwaves next to t hose used for GPS. Manufacturers of GPS equipment w arn that strong signals from t he planned network could jam existing navigation systems. A technical fix could be expensive billions of dollars by one estimate andt here's no agreement on who s hould pay. Government offi c ials pledge to block LightS quared from turning on its n etwork as scheduled this y ear unless they receive assurances that GPS systems wills till work. T he stakes are high not only for the GPS industry and its users, but also for those w ho would use LightS quared's network. In approving it, the Federal Communications Commission s eeks to boost wireless com p etition and bring faster and c heaper Internet connections t o all Americans even in r emote corners of the country. LightSquared and the FCC both insist the new network c an co-exist with GPS sys tems. But device makers fear G PS signals will suffer the way a radio station can get d rowned out by a stronger b roadcast in a nearby channel. The problem, they say, is that sensitive satellite receivers designed to pick up relatively weak signals c oming from space could b e overwhelmed when LightSquared starts sending highpower signals from as many as 40,000 transmitters on the g round using the airwaves n ext door. "The potential impact of G PS interference is so vast, i t's hard to get your head a round," said Jim Kirkland, vice president and general counsel of Trimble Naviga-t ion Ltd., which makes GPS systems. "Think 40,000 GPS dead spots covering millions o f square miles in cities and t owns throughout the U.S." Risks O ne of the biggest risks is to the GPS navigation systems used by about 40 percent of c ommercial and private p lanes. Backup systems that rely on ground-based radio signals are not as accurate andh ave coverage gaps. Some older private planes have no backup at all. W ith GPS interference, a p ilot "may go off course and not even realize it," said Chris Dancy, a spokesman for theA ircraft Owners and Pilots Association. LightSquared's network could also undermine the Federal Aviation Administration's multi-billion-dollar p rogram to upgrade the n ation's air-traffic control sys tem, which is based on World War II-era radar technology. T he new GPS-based system is more precise and lets planes fly more direct routes. That will save airlines time, money a nd fuel and cut pollution. It is also key to accommodating projected increases in airline traffic by enabling planes tof ly safely closer together. Public-safety officials, too, are nervous about LightSquared because they rely on G PS to track and dispatch p olice cars, fire trucks and a mbulances. Many 911 systems also use GPS to help l ocate people. Disruptions c ould delay responses to emergencies, said Harlin M cEwen, an official with the I nternational Association of Chiefs of Police. Even the Pentagon has e xpressed concern as it relies on GPS to guide planes, ships, armored vehicles, weaponsa nd troops. L ightSquared plans to com p ete nationally with superf ast, fourth-generation wirel ess services being rolled out b y the likes of AT&T and Verizon Wireless. It won't selld irectly to consumers, though. I nstead, LightSquared will provide network access to companies including Leap W ireless, parent of the Cricke t phone service, and Best Buy, which will rebrand the service under its own name. L ightSquared has its roots a s a satellite-phone operator, s o its airwaves historically h ave been reserved primarily f or satellite communications. FCC rules adopted in 2003 allowed the company to back u p those signals with groundbased wireless service, but o nly to fill in coverage gaps. In January, however, the F CC gave LightSquared perm ission to use its airwaves for a broader, conventional wirel ess data network. Although the company will continue to o ffer satellite service too, it p lans to cover at least 92 percent of Americans by 2015 with high-power wireless signals transmitted by base stat ions on earth. U ntil now, GPS receivers h aven't had much trouble filtering out noise in the adja cent airwaves because it cons isted mostly of low-power signals beamed from space.B ut GPS manufacturers warn t hat will change once there is a major ground-based broadband network next door. Testing Both LightSquared and the F CC say further testing is needed to determine the true extent of any interference. The FCC is requiring Light S quared to participate in a study group with GPS manufacturers and users. L ightSquared won't be allowed to start operating its network until the governmenti s satisfied that any problems are addressed, FCC spokesman Rob Kenny said. "We have every reason to r esolve these concerns because we want to make s ure there is a robust GPS syst em," LightSquared executive vice president Jeffrey Carlisle said. Dan Hays, a consultant w ith the firm PRTM, insists t he technical solution is s traightforward: GPS devices need to include better filters to screen out the Light-S quared signals. Estimates on the costs of a fix, however, range widel y. H ays believes it will cost no more than $12 million or 30 cents per device to i nstall better filters in roughly 40 million standalone GPS units made worldwide eachy ear. Cell phones, he said, will b e fine because they don't rely solely on GPS to deter mine location and have better f ilters anyway. But Tim Farrar, a consultant with TMF Associates, i nsists cellphones need upgrades, too raising the annual cost to as much as $1 billion. T ens of billions of dollars of existing equipment may also need to be replaced, Far r ar said. G PS manufacturers insist that neither they nor their c ustomers should have to pay. T hat's because GPS receivers were designed to screen out low-power signals next door, and now the gove rnment is changing the rules, s aid Scott Burgett, software e ngineering manager with Garmin Ltd. But Hays said GPS r eceivers are "eavesdropping on signals outside of wheret hey are supposed to be" in L ightSquared's space. T hat was not a problem until now. Moreover, LightSquared a nd the FCC say the GPS industry should have been preparing for a ground-basedn etwork nearby since the F CC first allowed backup wireless systems in that space in 2003. T he real dilemma, Hays said, is this: "This is a situation where the neighbor built the f ence too far over the property line and may not have realized it at the time. Now the other neighbor wants to b uild a pool and there is not enough space. So the ques tion is: who has to pay to m ove the fence?" Planned wireless Internet network threatens GPS A COCKPIT GPS shows the search area as scientists participate in a marine mammal/sea turtle survey flight related to the Deepwater Horizon oil spill on a National Oceanic and Atmospheric Administration twin otter DHC-6, over the Gulf of Mexico near the Chandeleur Islands off the Louisiana coast. About 40 percent of commercial and private planes rely on GPS navigation systems. In addition, the Federal Aviation Administration is in the middle of multi-billion-dollar program to upgrade the nation's air-traffic control system, whichi s based on World War II-era radar technology, to a GPS-based system. G erald Herbert file/AP A BIDJAN, Ivory Coast Associated Press IVORY COAST'Selected president used his troops and French tanks and air power to oust strongman Laurent Gbagbo, ending their four-month standoff on Monday by pulling him from his burning residence. Images of Gbagbo being led into a room in a white undershirt were broad cast on television as proof of his capture even as he refused to sign a statement formally ceding power after losing November's election. Residents of the commercial capital of Abidjan refrained from celebrating in public, still fearful of the hundreds of armed fighters that continued to prowl the streets, refusing to believe their leader had been arrested. Sporadic gunfire echoed across the city Monday night. More than a million civilians fled their homes and untold numbers were killed over the course of the power struggle that threatened to re-ignite a civil war in the world's largest cocoa producer. Gbagbo could be forced to answer for his soldiers' crimes, but an international trial threatens to stoke the divisions that President Alassane Ouattara will now have to heal. Gbagbo's dramatic arrest came after days of heavy fighting during which French and U.N. helicopters fired rockets at arms depots around the city and targets within the presidential compound. Ouattara's final push began just after French airstrikes ceased at around 3 a.m. Monday. A simultaneous French armored advance secured large parts of the city and pro-Ouattara troops entered the presidential compound just after midday. "We attacked and forced in a part of the bunker," Issard Soumahro, a proOuattara fighter at the scene, told The Associated Press. He added that Gbagbo was tired and had been slapped by a soldier, but was not otherwise hurt. Witnesses at the nearby Golf Hotel said Gbagbo was brought in with his wife, son and about 50 members of his entourage. "The nightmare is over for the people of Ivory Coast," Ivory Coast's U.N. ambassador said. Youssoufou Bamba, who was appointed U.N. ambassador by Ouattara, said Gbagbo will be delivered to justice. But it will be very difficult for Ivory Coast to mount a domestic court to try Gbagbo, said Richard Downie, an Africa expert at the Washington-based Center for Strategic and International Studies, adding that it would "probably be a lightning rod for more unrest." "(Ouattara power this way, through the barrel of a gun," Downie said. "He was elected fairly and freely. But this is the situation he was dealt. It's going to be incredibly difficult for him to bring the country t ogether." In western Ivory Coast, rebels fired into the air in jubilation in Duekoue, causing a panic among refugees who fled in all directions or dropped to the ground in terror. In villages going east from Duekoue people danced in the streets, waving tree branches. In one village, young men paraded with the orange, white and green Ivorian flag. "It's a victory ... considering all the evil that Laurent Gbagbo inflicted on Ivory Coast," Ouattara's ambassador to France, Ali Coulibaly, told FranceInfo radio. He emphasized that the man in power for a decade would be "treat ed with humanity." "We must not in any way make a royal gift to Laurent Gbagbo in making him a martyr," Coulibaly said. "He must be alive and he must answer for the crimes against humanity that he com mitted." Some critics had accused Gbagbo of clinging to power in part to avoid prosecution by the International Criminal Court. Ivory Coast was divided into a rebel-controlled north and a loyalist south by a 2002-2003 civil war. The country was officially reunited in a 2007 peace deal. The long-delayed presiden tial election was intended to help reunify the nation but instead unleashed months of violence. Gbagbo, who won 46 percent of the vote, held power for a decade and already had overstayed his mandate by five years when the November election took place. When the country's election commission and international observers declared he lost the election after it was finally held, he refused to step down. The former history professor defied near-universal pressure to cede power to Ouattara. The two set up parallel administrations that vied for control of the West African economic powerhouse. Ouattara drew his support from the U.N. and world powers. Gbagbo maintained his hold over the country's military and security forces who carried out a campaign of terror, kidnapping, killing and raping his opponents. Gbagbo wrapped himself in the coun try's flag as he took the oath of office at his shotgun inauguration. "No one has the right to call on foreign armies to invade his country," Gbagbo, still taking a nationalistic stance, declared in a televised address on New Year's Eve. "Our greatest duty to our country is to defend it from foreign attack." Ivory Coast gained independence from France in 1960, and some 20,000 French citizens still lived there when the civil war broke out. IN THIS IMAGE made from television, Laurent Gbagbo, centre, puts on a shirt after his arrest, at the Golf Hotel in Abidjan, Ivory Coast, Monday, April 11, 2011. After a week of heavy fighting, forces backing Ivory Coast's internationally recog nized leader Alassane Ouattara on Monday arrested strongman Laurent Gbagbo who had refused to leave the presidency despite losing elections more than four months earlier. TCI via APTN /AP Ivory Coast strongman is captur ed in bunk er
I NTERNATIONAL NEWS PAGE 12, TUESDAY, APRIL 12, 2011 THE TRIBUNE BENGHAZI, Libya A ssociated Press L IBYAN REBELS, backed forcefully by European leaders, rejected a cease-fire proposal by African mediators on Mon-day because it did not insist M oammar Gadhafi relinquish power. Despite an earlier announcement that the L ibyan leader had accepted the truce, his forces shelled a k ey rebel-held city and killed s ix people, a doctor said. "Col. Gadhafi and his sons m ust leave immediately if he wants to save himself," said Mustafa Abdul-Jalil, head of the rebels' leadership council. "If not, the people are comi ng for him." Even as the African Union d elegation arrived in the e astern rebel stronghold of Benghazi, crowds of protesters gathered to demonstrate their opposition to any dealm aking while Gadhafi r emains in power. They said t hey had little faith in the visi ting African Union mediators, most of them allies of G adhafi. Three of the five African leaders who camep reaching democracy for L ibya seized power in coups. Abdul-Jalil, a former justice minister who split with Gadhafi and leads the Benghazi-based TransitionalN ational Council, said the proposal "did not respond to the aspirations of the Libyan p eople" and only involved political reforms. "The initiative that was p resented today, its time has passed," said Abdul-Jalil. "We will not negotiate on the blood of our martyrs. We will die with them or be victorious." I talian Foreign Minister F ranco Frattini strongly backed the rebel demand for Gadhafi's immediate departure and said he doubted anyway that the Libyan leader would have abided by the cease-fire after he broke more than one pledge before t o halt violence. The AU s ought a suspension of three weeks of international airstrikes on Gadhafi'sf orces, that have prevented them from overpowering the vastly weaker rebel forces. Conflict T he secretary general of NATO, which took over con trol of the international air o peration over Libya from the U.S., welcomed any efforts to resolve the conflict. H e said it had become clear i t would not be decided on the battlefield. "There can be no solely m ilitary solution to the crisis in Libya," Anders Fogh Rasmussen said. G adhafi's forces, meanw hile, battered the rebel-held city of Misrata and its Mediterranean port with a rtillery fire, despite the African Union delegation's assurance that Gadhafi hada ccepted their cease-fire plan at a meeting late Sunday in Tripoli. A doctor who lives in the city said the shelling began overnight and continued intermittently throughout the day Monday. H e said six people, one of them a 3-year-old girl, were killed by missiles thats lammed into residential a reas. He spoke on condition of anonymity because he feared retaliation if he was d iscovered by Gadhafi's forces. Weeks of fierce govern m ent bombardment of Misrata, the only major city in the western half of Libya thatr emains under partial rebel control, has terrorized its residents. Dozens have been k illed and food and medical s upplies are in short supply, according to residents, doc tors and rights groups. W ary of Gadhafi's earlier broken cease-fire pledges, European officials supporte d the rebels' refusal to negot iate until Gadhafi and his powerful sons and associates are gone. The sons and the family of Gadhafi cannot participate in the political future ofL ibya," Frattini said on F rance's Europe-1 radio. He said Gadhafi's departure w ould have to happen "in parallel" with any cease-fire. He said he was lobbying a llies to arm the rebels but that he was against expandi ng the international operat ion to include ground forces. The rebels have far less equipment, training and troops than Gadhafi's forces, a nd members of the international community have grown doubtful the opposi-t ion can overthrow Gadhafi even with air support. Speaking in London later, F rattini said Gadhafi's past c rimes make it extremely diff icult to imagine the Libyan leader will respect a ceasef ire. Resolution NATO is operating under a U.N. resolution authorizi ng a no-fly zone and a irstrikes to protect Libyan civilians. More than 1,000 protest e rs in Benghazi waved the pre-Gadhafi flags that have come to symbolize the rebelm ovement and chanted slogans against Gadhafi, whose more than 40-year rule has b een threatened by the uprising that began nearly two m onths ago. I was born in the same year Gadhafi took power and I've never seen anything good from him. He is the b iggest lie in the history of Libya," said 42-year-old protester Jilal Tajouri. "All thep eople in Libya agree on this: Gadhafi and all his sons must leave Libya so we can have d emocracy." A n Algerian member of t he AU delegation had said there was discussion in the m eeting with Gadhafi of the demands for his exit, but he refused to divulge details. S outh African President J acob Zuma led the group, w hose other key participants were the leaders of Mali, Mauritania, Republic of Congo and Uganda. NATO airstrikes on Sun d ay hit Gadhafi tanks, help ing the rebels push back government troops who had b een advancing toward Benghazi on an east-west highway along the country's northern Mediterranean c oast. The airstrikes largely s topped heavy shelling by g overnment forces of the eastern city of Ajdabiya a critical gateway to Benghazi, the opposition's de facto capi tal and Libya's second largest city. On Monday, rebels held p ositions at the western gates of the city, on the fringes of desert littered with bullet casi ngs, scraps of metal and m ore than a dozen blackened o r overturned vehicles, including tanks and pickup t rucks outfitted with anti-aircraft guns. The area was also scattered w ith twisted cooking pots, t orn blankets and a shredded g reen helmet smeared with blood. A rebel scout sent down the highway to the west said he encountered Gadhafif orces and was drawn into a brief gunbattle before falling back to Ajdabiya, but there w ere no major battles on that front Monday. Libyan rebels reject African mediators cease-fire proposal AN UNIDENTIFIED AFRICAN UNION delegation official has an opposition flag draped over him as he arrives for meetings with opposition leaders in Benghazi, Libya Monday, April 11, 2011. The African Union delegation took its cease-fire proposal to the rebels' eastern stronghold and was met with protests by crowds opposed to any peace until the country's longtime leader Moammar Gadhafi gives up power. (AP
SECTIONB email@example.com TUESDAY, APRIL 12, 2011 THETRIBUNE $4. 68 $4. 51 $4. 69The information contained is from a third party and The Tribune can not be held r esponsible for errors and/or omission from the daily report.$ $5.23 $5.21 $5.23 frff"(&')"&'"%*"!)"!'"!%"#%'*"*& )"!'"!')"&"!&'"'&% &!'!"(&)'t%"" &!&'(&&'%"" '"'&""#'"'"% (&'*'"%)!' bt'$!'%$#&t bf By NEIL HARTNELL Tribune Business Editor The Government should just about wipe out its projected 2010-2011 Budget deficit due to the receipt of m ore than $350 million in one-off revenue inflows, although a former finance minister yesterday expressed concern that this could send the policymakers to Deficit wipe out through $350m oneoff revenues Minister says $231m BTC proceeds, plus BORCO and Baha Mar, have been helpful* But predecessor warns it might send the policymakers to sleep* Adds government has got breathing space to address main fiscal issue SEE page 4B ZHIVARGO LAING By NEIL HARTNELL T ribune Business Editor While Bahamian con s umers remain pessimistic a bout their current financial well-being and the overall economy, a College of theB ahamas (COB professor yesterday said its Consumer Confidence Index f indings showed they were cautiously optimistic about the future likely due to impending projects such as t he $2.6 billion Baha Mar development. Speaking to Tribune Busi n ess yesterday about the findings of the Index produced by COBs Economics School, Assistant Professor Randy F orbes said the research, which obtained responses to five questions from 500 Bahamians in both the 2010 fourth quarter and 2011 first quarter, generated an Overall Consumer Confidence rating of 63 per cent placing it in the Cautious category. Highlighting the importance of consumer spending to the overall Bahamian economy, given that it accounted for 67.93 per cent or twoC ONSUMERS C AUTIOUS ON ECONOMIC FUTURE COB Confidence Index indicates current pessimism may improve in 2011 Q3/Q4 Optimism levels key to business and economic growth, as consumers account for 67% of all spending in Bahamas SEE page 5B By NEIL HARTNELL Tribune Business Editor T hree Bahamas-based financial institutions have been sued for the return of more than $4 million in redemptions that were generated through Bernard Madoffs multi-billion Ponzi scheme, on the groundst hat these payments represented an unjust enrichment because they were based on fraudulent Net Asset Value (NAV Documents obtained by Tribune Business from the US Bankruptcy Court in New Yorks southern district revealt hat KRyS Global, liquidators for the British Virgin Islandsdomiciled Fairfield Sentry investment fund, in lawsuits filed last month are seeking the return of the funds from Credit Suisse (Bahamas Management, BIE Bank & Trust (Bahamas Overseas Bank & Trust. The liquidators are alleging that Fairfield Sentry, which was the largest of all so-called feeder funds to maintain accounts with Bernard MadoffI nvestment Securities, holding a $6 billion investment with it at the time of collapse, paid out a series of redemptions to the two Bahamian financial institutions and their clients in the immediate months before the largestP onzi scheme in world history unravelled in December 2008. They are alleging that Credit Suisse and its clients received $2.032 million in redemption payments from Madoff, via Fairfield Sentry, via four separate transactions between May 15, 2008, and November 19,2 008. And the liquidators are further claiming that BIE Bank & Trust and its clients received $1.556 million in Madoff Bahamas banks face $4m Madoff lawsuits n Feeder funds liquidators seek return of payouts to Credit Suisse, Pactual and BIE and their clients n Alleges redemptions based on fraudulent NAVs, and represent unjust enrichments SEE page 2B BERNARD MADOFF By NEIL HARTNELL Tribune Business Editor Grand Bahama will continue to stagnate due to a combination of Government interference and the Grand Bahama Port Authoritys (GBPA t ion undermining business and investor confidence, a leading businessman telling Tribune Business yesterday: If some one wants to be voluntary crippled, Id recommend Freeport. Christopher Lowe, opera tions manager at Kellys (Freeporth ad happened to the commer cial environment in the Bahamas second city, with relations between the Government and Port Authority now standing at a new low ebb thanks to their handling of the latters approval of the TAGNATION FEAR ON GOVT/PORT RELATIONS SEE page 3B T wo sides undermining business climate in what could be Bahamas very best boon and benefit By NEIL HARTNELL T ribune Business Editor Minority investor protection safeguards will be left to the Securities Commission, a government minister s aid yesterday, adding that t he reformed Securities Industry Bill was designed to allow the capital markets r egulator to be nimble to address situations as they arise. U nlike its predecessor legi slation, the new Bill avoids enshrining the Securities Commissions powers in legislation, giving it what minister of state for finance, Zhivargo Laing, describeda s the flexibility to respond to market developments either through amending or developingr ules and regulations. Asked whether the Gov e rnment was further prep ared to modify the upcom ing legislation with further protections for minorityi nvestors who bought securit ies in private Bahamian companies via Private Placement Memorandums (PPMs ly said this decision/task would be left to the Securi t ies Commission. Its a Bill thats going to give broad powers to the Securities Commission, Mr L aing told Tribune Business. I am sure one of the things the Securities Commission w ill take up in either its reg ulations or rules are the standard provisions as toh ow minority shareholders are protected in these offerings. That is an area that w ould be left to their surveillance. This legislation will provide for the Commission to create these rules and regulations, becausewhat is important at the end of the day is the protection of the public when it comes to disclosure and fairness. Mr Laings response came in response to Tribune Busi-ness questions after a retired Bahamas-based accountant, Commission to determine protectionfor investors Bill to allow regulator to be nimble SEE page 4B
B USINESS PAGE 2B, TUESDAY, APRIL 12, 2011 THE TRIBUNE NASSAU INSURANCE BROKERS AND AGENTS LIMITEDAtlantic House,2nd Terrace & Collins Avenue P.O.Box N-7764 Nassau Suite 6,Jasmine Corporate Center,East Sunrise Highway P.O.Box F-42655,Freeport Tel.Nassau 677-6422 Freeport 352-6422 www.nibaquote.comEven Easter bunnies know a good deal when they see one.You could be $$$ better off insuring your home and your car with NIBA! Whether it's buildings insurance for home owners or great value motor cover,insurance costs less with NIBA.Low premiums,low deductibles and a fast claims service.Ask for a quote! The savings could add up to a very happy Easter!Tel.Nassau 677-6422/Freeport 352-6422 or visit www.nibaquote.comI n s u r a n c e c o s t s l e s s w i t h N I B A OpenSaturdays10.00am-2.00pm By LARRY GIBSON T he New Providence Road Improvement Project is in full swing. Island-wide there are s ubstantial roadworks taking place. The project comprises the rehabilitation, improvement and expansion of the road network in predominantly urban areas on the island. This current road building/road rehabilitation program is undoubtedly the most ambitious and m ost expensive ever undertaken in the Bahamas. We must ensure we get value for money and quality workmanship, as this has not been the case in the past. In recent times there has been much consternation regarding the New Providence Road Improvement Project. There is no doubt that when it is completed there will be a vast improvement in traffic flow and driving times. The quality of the new roads seems to be of a very high standard. However, getting to the point of completion will be an arduous journey for many. Already, many small businesses have been decimated due to a fall-off in commerce during the reconstruction, and the inconvenience factor and extra driving times have been a source of lost productivity for many employers. It is our hope that construction can be com pleted as expeditiously as possible. Quality However, what is amazing is the extremely poor quality of many of our existing main road corridors, which always seem to be in a perpetual state of paving, patching and more paving. Yet the surface condit ion is disgraceful. I can remember a time when the roads in New Providence were laden with pot holes. For example, I remember when it took about 30 minutes to navigate the length of Gladstone Road, meandering through and around craters as best as you can. Today, that same journey will take about five minutes at best. The experience of driving west on Bay Street and east on Shirley Street in the downtown area is like driving over a corrugated surface. We can honestly say there are no potholes, but the workmanship is appalling to say the least. Everywhere else in the world, roads can be dug up to conduct repairs on utility conduits and, once completed, the surface is properly compacted and repaved without any deterioration to road surface qualitybut not so in the Bahamas. How many times have taxpayer dollars been spent on those two stretches of road? We must be able to do better, and we must demand better. Another feature of our road maintenance program is our highly perfected Plus 3/ Minus 5 system of construction. Under this system all manhole covers, drains and utility boxes are strategically constructed either three inches above the driving surface or five inches below the driving surface. I believe this must be for some strategic reason unbeknown to most Bahamians, because these imperfections seem to proudly remain in place on a permanent basis. For example, there is one manhole cover about five to six inches below the road surface travelling north on Collins Avenue just before Doctors Hospitala path constantly travelled by ambulances. The road was paved several years ago but this big depression has yet to be addressed. This is just one of literally hundreds you will find when you travel our streets. This is third world stuff! Critical Review We know that Bahamian road builders can do quality work, but why do we not demand quality work at all times? On the existing corridors, we constantly slap on topcoat after topcoat as opposed to fixing the underlying surface properly. Most of the roads in Freeport are much older than many roads in Nassau (in terms of when they were last repaved), yet they seem to hold up better. I simply askwhy? I fundamentally believe that we need to review our road rehabilitation and maintenance programme, as we surely must be able to save money by doing it right the first time. The ongoing need for patchwork after the digging up process seems to be a result of a chronic lack of planning and coordination by government agencies and the utility companies. What we received in the past was clearly unacceptable and must be a thing of the past. For the purposes of this column, I have deliberately avoided discussing how our bad roads contribute to additional and otherwise unwarranted car repairs. This is a separate topic unto itself. Until next week NB: Larry R. Gibson, a Chartered Financial Analyst, is vice-president-pensions, Colonial Pensions Services (Bahamas subsidiary of Colonial Group International, which owns Atlantic Medical Insurance and is a major shareholder of Security & General Insurance Company in the Bahamas. The views expressed are those of the author and do not necessarily represent those of Colonial Group International or any of its subsidiary and/or affiliated companies. Please direct any questions or comments to Larry.Gibson@atlantichouse.com.bs Drive maintenance to avoid road to nowhere Financial Focus By Larry Gibson redemptions, through Fairfield Sentry, in seven separate transact ions between June 17, 2008, and November 19, 2008. Four of those payments allegedly occurred on November 19, 2008. Finally, the Fairfield Sentry liquidators are alleging that Pactual Overseas Bank & Trust and its clients received $442,330 from Madoff, via Fairfield Sentry, in two separate payments in 2005. There is nothing to suggest that any of the three Bahamasbased financial institutions, their officers, directors or shareholders, or the relevant clients, have done anything wrong in relation to Fairfield Sentry or the Madoff Ponzi scheme. H owever, the Fairfield Sentry liquidators are alleging that the redemption payments were based on inflated NAV values created by Madoff, and that the actual value of their shares in the former fund was effectively zero or certainly much less than calculated at the time. As a result, the three Bahamas-based financial institutions and their clients received a windfall, or unjust enrichment. In their actions against the three Bahamas-based banks, the Fairfield Sentry liquidators alleged that to pay the redemptions theyr eceived, the investment fund received funds from Madoff that it believed represented the proceeds of securities and other investment sales. As the world now knows, Madoff was operating a massive Ponzi scheme through Bernard Madoff Investment Securities (BLMIS Thus, at all relevant times, the money that Sentry transferred to BLMIS was not invested but, rather, was used by Madoff to pay other BLMIS investors or was otherwise misappropriated by Mado ff for unauthorised uses. Further, none of the securities shown on statements provided to Sentry by BLMIS were in fact purchased for Sentry. Additionally, none of the amounts withdrawn by Sentry from its accounts with BLMIS were proceeds of sales of securities or other investments. Instead, such amounts represented the monies of more recent investors into the Madoff scheme. As a result, the assets supposed to be held on Fairfield Sentrys behalf were non-existent, and it was effectively insolvent. Paym ents made to it by Madoff, and passed on to the three Bahamian banks and their clients, came from new monies put into the scheme by other unsuspecting investors. As a result, at all relevant times, the Net Asset Value of the shares redeemed was miscalculated, and redemption payments were mistakenly made for amounts far in excess of the actual Net Asset Value of Shares redeemed, the liquidators alleged. As a result, the three Bahamas-based financial institutions received payments far in excess of what they should have done, with t hese monies coming from the proceeds of Madoffs Ponzi scheme. Now, Fairfield Sentrys assets are much less than the amount needed to satisfy the $3.2 billion claim made against it by Madoffs bankruptcy trustee, and the liquidators are alleging that unless they recover the previous redemptions they will be unable to meet this demand. As a result, they are alleging that the three Bahamas-based institutions, their clients and other Fairfield Sentry investors will have been unjustly enriched as they will not bear their proportionate share of such liabilities and claims, but ratherw ill retain a windfall at the expense of other shareholders and creditors of the Fund. Bahamas banks face $4m Madoff lawsuits FROM page 1B
By GLADSTONE THURSTON Bahamas Information Services NEW legislation to modernise the securities industry was presented to MPs last Wednesday. This will not only signify our compliance with global standards but also provide a c ompetitive advantage for our j urisdiction, said Philip Stubbs, Securities Commission chairman and acting executive director. State Minister in the Ministry of Finance, Zhivargo Laing, underscored the importance of regulations that require practitioners to provide full and fair disclos ure to the investing public so that they can make reasonably informed investment decisions. The aim is not so m uch to give the Government t his information but to ensure that the public has it. The new Securities Industry B ill will be debated in Parliament on April 18. The presentation also heard f rom the Commissions legal c ounsel and secretary, Michelle Martinborough, and Bahamas Financial Services Board executive director, Wendy Warren. Those attending included MPs, Senators, and financial services and government offi cials. I t is the aim of the Comm ission to effectively overs ee and regulate the activities of the securities and capi tal markets, and to protect i nvestors while strengthening p ublic and institutional confidence in the integrity oft hose markets, said Mr S tubbs. Issuers making public offer ings of shares, bonds and mosto ther financial instruments are required to file a prospect us with the Commission. A dditionally, all industry p articipants including stock exchanges, brokers, brokerdealers, and securities investment advisors operating in or from the Bahamas are r equired to register with or b e licensed by the Commission. Although not explicit in its mandate, said Mr Stubbs, one of the primary responsi-b ilities of the Commission is t o protect the interest of the investing public, domestic and international. Protecting the investing p ublic is based on a simple p remise. If investors have confid ence that they will be treated fairly in the capital markets, t hey will be willing to invest. The same holds for users of financial and corporate service providers. They must be satisfied that those services are provided ina sound regulatory environment. International B ecause of increasing inter national activity in the securit ies and derivatives markets, t he International Organisation of Securities Commission( IOSCO) in 2002 adopted the M ultilateral Memorandum of U nderstanding (MMU IOSCO is the body recognised as the leading international policy forum for secu r ities regulators. It identified 30 principles of securities regulations based on protectingi nvestors; ensuring that markets are fair, efficient and transparent; and reducing syst emic risk. At IOSCOs 2005 annual general meeting a timetable w as agreed for all member regulators not already signatories to the MMU to apply b y January 1, 2010. Applicants who did not meet the standards for full c ompliance, signatory A, were approved as signatory B provided they committed t o make the necessary legislative changes to fully comply with the terms of the MMU. The Bahamas was approved as a signatory B. We are not able to have full signatory A status until c ertain provisions of our laws relating to information-sharing are improved, said Mr S tubbs. (The proposed legislation) is expected to allow the Bahamas to attain signat ory A status. This will not only signify our compliance with global standards but also provide a competitive advantage for our jurisdiction. BUSINESS T HE TRIBUNE TUESDAY, APRIL 12, 2011, PAGE 3B Bahamas Telecommunications Companys (BTC Advocating that the pair were undermining what could, in Freeport, be the Bahamas best asset, Mr Lowe said: As long ast he Port Authority refuses to utilise its greatest asset, which is its licencees, and as long as they continue to keep their licencees at arms length and in the dark, we will have stagnation in in Grand Bahama, coupled with this arbitrary government interference in the workings of the city. We have a situation where we have a government actively attempting to undermine the Hawksbill Creek Agreement, and a Port Authority apparently oblivious to the undermining of their very premise. I think the Port Authority is asleep at the wheel, not understanding what the Government is trying to do behind their back, over and above them. Worry That should worry and alarm all licencees and all Bahamian residents, because the ramifications of this government action go farbeyond the borders of this very island. The impact is on the country as a whole. This place could be the best boon and benefit to the entire country, but theyre trying to destroy it. Mr Lowe, a former Grand Bahama Chamber of Commerce president, is the first person to publicly express concerns about the fallout for business investment/growth as a result of the icy relations b etween the Government and the Port Authority. The two sides have seemingly been locked in a downward spiral following the ownership dispute between the Haywards and St Georges, and Prime Minister Hubert Ingrahams public announcement that the Government would refuse to approve a renewed work permit for Sir Jack Haywards preferred choice for chairman, Hannes Babak. Since then, Freeport has had to contend with various Customs-related disputes over bonded goods reports and National Insurance Board (NIB bonded privileges are renewed, and the tension between the Government and the Port Authority over telecommunications and utilities regulation in Freeport. The latter manifested itself in the Cable Bahamas Judicial Review application over the Utilities Regulation & Competition Authoritys (URCA in which the Government side attempted to challenge the very premise of the Hawksbill Creek Agreement. Commenting on the wider fall-out from all this, Mr Lowe said: I dont think youd have anyone confident enough to plan for any business development, growth or major investment with this sort of arbitrary impediment provided by the Government on a regu lar basis. If someone wants to be crippled on a voluntary basis, Id recommend Freeport. At the end of the day, with all this stuff they do, at the ground level its designed to cripple you. Its no way to runa government or a Port Authority. Weve got to get some environment of practical thinking and stability in the country before we do anything. Stagnation fear on Government/ Port relations F ROM page 1B New Securities Bill is unveiled
Bill Hogg, complained in a 12-page letter to Attorney General John Delaney about t he alleged shabby treat ment he and his wife received from Galleria Cinemas, arguing that they were denied access to any audited f inancial statements on how the company was performing f or a decade after investing i n its two Private Placement Memorandums (PPMs mid-1990s. In his letter to Mr Delaney, Mr Hogg wrote: It cannot be r ight that a company can refuse to provide minority s hareholders with any information on the company should the majority shareh olders desire not to do so. This is particularly of concern where the shares are issued subsequent to a pri v ate offering during which c ertain financial projections are given. In our case, the amount involved, not to men t ion the exorbitant cost and well-known experience of d elay and frustration when attempting to obtain redress through the court system in the Bahamas did not justify t he retention of an attorney. The only remedy in such a case, therefore, appears to be for the minority shareholder t o sell their shares. Without the necessary financial information, they are unable to arrive at a proper valuationf or the shares, and there is no way that any third party w ould be interested in buy ing their shares either. They are left at the mercy of thec ompany with regard to the p rice offered. My wife will never know whether the price received for her shares was reasonable or not. Mr Hogg urged Mr Delaney to further amend the Securities Industry Bill to prov ide more protection for minority investors in private companies, requiring that audited financial statements b e sent to all shareholders pri o r to an AGM unless waived by all shareholders. T he minister also told Trib une Business that the new S ecurities Industry Bill was d esigned to create flexibility f or the Commission to be nimble to address these situat ions as they arise. This is a very dynamic environment, and every time something arises, they have to go back to Parliament to address it, rather than allow the Commission to create rules to address the environ ment in which they find themselves. E xplaining that this was the approach taken by most p rogressive jurisdictions, Mr L aing said the current Bill enshrined the Commissions powers in statute, and did not give it the scope to regulate proactively the multi tude of activities in this juris diction. Explaining that the new Bill w ould modernise the Bahamas securities legisla t ion, and was necessary n ow, Mr Laing added: The old legislation seeks to gov ern on the basis of personali ties operating. The new legis lation seeks to govern activities. Thats a substantial difference. sleep. When the total $231.3 million received from the Bahamas Telecommunications Companys (BTC with the $120 million in oneoff windfalls the Government r eceived from the likes of Baha Mar and the Bahamas Oil Refining Company (BORCO sale, it should more than wipe out the projected $302 million total deficit, and $227 million GFS deficit, projected for the current fiscal year, Tribune Businesss calculations show. Y et while the Government could close the fiscal year with a surplus if its Budget forecasts hold true, James Smith, finance minister in the 2002-2007 Christie administration, said this would merely give the Ingraham administration breathing space to bring the Bahamas public finances backon to a sustainable path. Two things, I think, will be operative here the revised GDP estimates and, if youre bringing in about $300 million, that should just about wipe it [the fiscal deficit] or send it to 1-2 per cent of GDP or less, Mr Smith said, of the financial benefits accruing to the Government. Prime Minister Hubert Ingraham has reiterated several times that the Government needed to sell 51 per cent majority control in BTC to raise funds for use in paying down the $4 billion-plus national debt and reducing the fiscal deficit. He has also intimated that the administration needs to stop borrowing to pay civil service salaries and cover other recurrent costs. Zhivargo Laing, minister of state for finance, was coy on the impact the BTC sale, and the other one-off deals, will have on the public finances, telling Tribune Business: Lets just say the receipts have been helpful to the Governments fiscal circumstances. Although he provided no figures, Mr Laing told this newspaper: Things are better off then they were a short while ago. We indicated in the MidTerm Budget that when you look at where we were at MidTerm compared to a couple of months further on, that we were better off than we were at the same time last year. The minister added that when it came to the Government revenues there are a number of areas that are showing signs of improvement, thats for sure. When it came to spending, Mr Laing said the administration was either on Budget or slightly ahead of projections. But, while the one-off revenue injections are welcome, Mr Smith warned: The difficulty is that this is a one-off. It may send the policymakers to sleep, because the tax increases may not have kicked-in to give you the buoyancy. That is a reference to the multitude of controversial tax increases contained in the 20102011 Budget, the effectiveness of which is still much debated when it comes to the impact on government revenues. The evi dence to date is mixed, and many in the private sector have argued that the tax increases have not had the desired effect, with the Government stating the opposite. Apart from the BTC sale, the Government has gained $78.9 million generated by Buckeye Partners' $1.36 billion acquisition of the Bahamas Oil Refining Company (BORCO million from Baha Mar's Stamp Tax and Gaming tax payments; and $4.3 million of a total $5.8 million in fees held by the Utilities Regulation & Competition Authority (URCA ted to the Government. While conceding that the $350 million-plus in one-off revenue windfalls may have given the Government some breathing space, Mr Smith added: Youre basically getting revenue from one-off taxes. Its like a windfall. It gives you another year almost to realign your fiscal affairs to plug the gap, and you hope the world economy, and the US economy in particular, takes off...... It gives you sufficient time to plan and address, in a real and meaningful way, bridging the gap between recurrent revenue and recurrent expenditure. The former finance minister added that the main problems caused by the Bahamas nowsizeable national debt, estimat ed at around 55 per cent of gross domestic product (GDP would emerge when international interest rates rose. Noting that Standard & Poors (S&P downgraded the Bahamas to a triple B+ rating, Mr Smith said that if this nation had to borrow on the international markets in a climate of rising interest rates, borrowing costs and then, debt servicing costs would all increase. Debt servicing is already the number one allocation for government revenues, and we do not want to be on that path where most of the fiscal resources are going to service debt, Mr Smith said, noting that the Bahamas foreign debt had increased more rapidly than Bahamian dollar-denominated debt. Interest payments on the Bahamian national debt totalled $98.135 million during the 2010-2011 fiscal year's first half, coming in some $6.046 million below the $104.182 million forecast. Still, it represented the single most expensive line item in the Budget, and is expected to hit $208.363 million during the 2010-2011 fiscal full year, remaining the single most expensive line item. Meanwhile, redemptions of debt principal totalled $27.035 million during the 2010-2011 Budget half-year, coming in some $10.347 million below forecasted payments of $37.383 million. For the full year, debt principal redemption is set to total $74.766 million, taking total payments associated with the National Debt to more than $ 283 million. I think we really have to look to medium and long-term solutions, which means revisiting the whole tax regime, Mr Smith told Tribune Business. Two things are not being sufficiently compared to other countries the failure to tax, in a ny meaningful way, services, which is the majority of our economy, and the failure to link taxes paid and income received, because the burden of taxation under our system falls disproportionately on the lower income classes. When asked by Tribune B usiness whether it was really a spending and size of government problem that the Bahamas faced, rather than a revenue issue, Mr Smith pointed out that the Government would still have to pay for any public sector downsizing because persons would be p ushed into the social services queue. I think everything should be on the table, but in the kind of system we have if you put people on the unemployment line, they go right on to the social security line, he added. The Government is not that large; its only 25 per cent of the economy. If the public sector was to be downsized, Mr Smith said the Government would have to do it through outsourcing functions to the private sector, much as it had done with BTC, to minimise job losses. B USINESS PAGE 4B, TUESDAY, APRIL 12, 2011 THE TRIBUNE :,//%(&/26(' $118$/&.7$.,1* Deficit wipe out through $350m one-off revenues FROM page 1B JAMES SMITH FROM page 1B Commission to determine protection for investors
t hirds of total spending, Mr Forbes said the Indexs Overall finding showed that most consumers were uncertain over the outlook for both themselves and the wider Bahamian economy. As a result, they were being careful, guarded and sceptical when it came to theirp urchasing and spending habits, and were seeking leade rship, all factors impacting t op-line revenue performance f or most Bahamian businesses. Theyre holding back, theyre cautious, Mr Forbess aid of Bahamian consumers. Theyre spending, but more frugally than in the past, and are just waiting for the opportunity. Talented There are talented people o ut there, but they are underemployed. Theyre looking for Baha Mar, Albany Phase Two, to release this pent-up k nowledge, skills acquired over the years. B reaking it down further, Mr Forbes noted that B ahamian consumers collectively scored an average of 53 per cent and 56 per cent,r espectively, for both their own current personal financ ial situation and that of the overall economy, placingt hem in the Pessimistic cate gory. Yet, when it came to future expectations for both them-s elves and the Bahamian economy, Bahamian con-s umers scored 78 per cent, m eaning they were more opti mistic and moderately confi dent that the situation would improve. Acknowledging that this indicated Bahamian con sumer confidence might start to improve during the 2011 third and fourth quarters, Mr Forbes said: When con sumers evaluate their present economic well-being and future expectations, they are proceeding with caution. Consumers are yet to dis play the level of confidence in the economy that may lead to a broader feeling of optim ism. This hesitation exists mainly because of a weak labour market and the legitim ate fear of inflation stemming from the supply side of the market. I nflation generated by the likes of increasing energy and food costs, will generate rising prices for goods and services throughout the Bahamiane conomy, dampening demand even though consumer confidence may improve. Mr Forbes, who is the head of department at COBs Busin ess School for banking, f inance and economics, said there was little difference b etween the Bahamian cons umer responses obtained in t he 2010 fourth quarter and the 2011 fourth quarter. W hile there was a minor r eduction in confidence when asked about the state of the B ahamian economy, and whether it was a good time to spend on consumer goods, t hese responses are likely to have been influenced by the fact that many are maxed o ut after the Christmas shopp ing season. I ndeed, the only significant statistical difference between the fourth and first quarters w as the 0.15 per cent improvement in consumer confidence in their financial position six months from now. Mr Forbes attributed this to positive economic news coming from the US, coupled with progress on the $2.6 billion Baha Mar project, ongoingi nfrastructure development a nd the imminent Bahamas T elecommunications Company (BTC Comparing And, comparing the responses of men and women during the 2011 first quarter, M r Forbes said that again there was no significant difference, other than men werem ore optimistic that it was a g ood time to spend on cons umer goods. He attributed this to the i mproved news surrounding the construction industry,e specially the Baha Mar takeoff, a sector dominated by m ale workers. Noting that COBs Business School had been prod ucing Consumer Confidence Indexes every six months s ince 2002, Mr Forbes said it had plotted the relationship between unemployment and c rime, on one side, and the Bahamian economy on the other. W hen the latter was performing well, the other two went down, but in a recession the other two increased, highlighting the inverse relation-s hip. Mr Forbes said Department of Statistics data appeared to show the Bahamian economy went into r ecession before the US, a ttributing this to Americans immediately reining in their s pending plans amid signs of a n impending downturn. N oting that the Bahamas went into recession at the endo f 2007, Mr Forbes said of US t ourists: The minute the consumer senses uncertainty, t hey cut leisure spending. The minute something goes wrong in the US, we feel it. H e added that the indications were that the Bahamas, given its dependency on e xternal forces, was likely to b e among the last countries t o recover from the recession. BUSINESS T HE TRIBUNE TUESDAY, APRIL 12, 2011, PAGE 5B ROBERT BARR, A ssociated Press LONDON A British commission recommended Monday that banks should be reorganized so that firewalls protect retail operations from investment banking, an attempt to shield taxpayers from the sector's risk-taking without forcing the banks to split up. The preliminary report from the Independent Commission on Banking aims to find ways to avoid another catastrophic fail ure of a financial system domi nated by a few large banks too big to be allowed to fail. The commission, which will make final recommendations in September, said it was considering "forms of retail ringfencing under which retail banking operations would be carried out by a separate subsidiary within a wider group," which would still allow some capital transfers within the organization. The report recommended banks increase their capital buffers to absorb any sudden shocks, and make senior unsecured creditors take losses before depositors in the event of a bailout. It also called for part-nationalized Lloyds Banking Group PLC, which has a dominant position in retail banking with more than 30 percent of U.K. current accounts, to dispose of more branches beyond the 600 required by the European Commission. Sir John Vickers, the commission's chairman, told the British Broadcasting Corp. that the hastily arranged takeover which created Lloyds Banking Group during the financial cri sis "was certainly not good for competition and it turned out to be bad for financial stability as well." Management at Lloyds, 41 percent owned by taxpayers, objected to the panel's call for more branch sales. Chief Executive Antonio Horta-Osorio described it as "based on limited evidence" and "not in the interest of our customers." Nevertheless, the market response initially appeared to be positive, with Lloyds shares up 1.8 percent at 63.27 pence in early trading, but shares were up just a tenth of a percent at midday. Shares in Barclays PLC and Royal Bank of Scotland PLC, which have large investment units, were up strongly too on relief that the commission did not call for more drastic reme dies, such as splitting off the investment banking divisions from the retail side. Barclays' share price was up 3.1 percent at 306.35 pence at midday, while RBS' was 2.2 percent higher at 44.37 pence. The commission called for banks to hold more capital than the 7 percent ratio of equity to risk-weighted assets set in the Basel III agreement Forcing a break-up of banks would be costly and could lose some of the benefits of univer sal banking, the report said. "We believe that you can get adequate protection of the retail side with lower cost to the system as a whole with the retail ring fence idea," Vickers said. The report said retail customers have no real alternatives to their banks for essential financial services, so it was imperative to prevent disrup tion of the retail sector. "Taking the perspective of the average consumer, the interim report would appear to be somewhat disappointing," said Keith Bowman, analyst at Hargreaves Lansdown Stockbrokers. "Rising financial capital cushions are likely to be paid for by increased banking charges, whilst the rise of an army of new alternative banks still looks to be a lifetime away. Further more, with U.K. buyers of Lloy d's surplus branches likely to be few and far between, tax rev enues from those operations could soon be winging their way overseas," Bowman said. The British Bankers Associ ation did not react to specific proposals, but said the com mission's report would have to be considered in the context of reforms already under way in national and international regulation. "Banks in the U.K. have already undergone significant change since the global crisis, including significantly increasing their capital and liquidity and establishing resolu tion plans, to protect deposi tors and to keep finance flow ing, should a bank get into difficulty," the association said. UK panel ur ges banking reorganisation INTERN A TIONAL BUSINESS Consumers cautious on economic future FROM page 1B JEANNINE AVERSA, AP Economics Writer W ASHINGTON The Federal Reserve's second-highest ranking official on Monday said the U.S. economy is not strong enough for the Fed to begin tightening credit, countering a vocal minority of mem b ers who argue the central bank's stimulus programs are contributing to higher inflation. J anet Yellen, the Fed's vice chairwoman, said the Fed's $600 billion Treasury bond-purchase program and record-low interest rates are necessary to help lower unemployment, which was 8.8 percent last month. She is part of a majority of mem-b ers, including Fed Chairman Ben Bernanke, who feel those programs are essential, even with oil and food prices surging. A few members have raised concerns that the Fed's pro grams could spur higher inflation. R ichard Fisher, president of the Federal Reserve Bank of Dallas, Charles Plosser, president of the Federal Reserve Bank of Philadelphia and Narayana Kocherlakota, president of the F ederal Reserve Bank of Minneapolis, have suggested in recent weeks that it may be time to exit the programs. The Fed meets next on April 26-27. I n remarks to economists in New York, Yellen argued that t he surge in food and energy prices will have only a temporary and modest impact on consumer inflation. Businesses will be limited in jacking up retail prices because consumers are still spending cautiously, she said. And workers don't have the power to demand big pay increases because the jobs market is healing only slowly, she added. Those forcess hould prevent inflation from taking off. Yellen said she didn't think that even "additional large and persistent shocks to commodity prices" would force the Fed to reverse course and start tightening credit as long as underlyingi nflation stayed low. ( AP Photo/Mark Lennihan) Janet Yellen, vice chairwoman of the Federal Reserve Bank, speaks at t he Economic Club of New York, Monday, April 11, 2011. Yellen, the Feds second-highest ranking official, says the economy is not stronge nough for the Fed to begin tightening credit. FED OFFICIAL: NO RUSH TO START TIGHTENING CREDIT
BARRY HATTON, Associated Press LISBON, Portugal Portugal's massive rescue package was threatened on two sides Monday by internal political squabbling and exter-n al bailout fatigue among EU neighbors and it was not clear whether the proposed deal would last. A delegation from the International Monetary Fund, European Central Bank and European Commission bodies that will raise the estimated euro80 billion ($115.5 billion bailout for Portugal and over see its use is expected in Lisbon on Tuesday for initial talks. European finance ministers agreed Friday to put up the money Portugal needs, making it the third country in the 17nation eurozone to accept a huge financial lifeline. But a domestic political spat about the scope and terms of the bailout package threaten to slow negotiations and prolong Portugal's plight just as it needs to honor debt repayments amounting to more than euro11 billion ($15.9 billion next three months. "It's not exactly what you'd want when you're in the middle of a disaster of this kind," Vanessa Rossi, an economic analyst at the London thinktank Chatham House, said Monday of the squabbling. "I'm not sure what they're going to do in the next few weeks if they can't get a deal," Rossi said. "It could just mean that the whole of the financial sector and the government freeze up." The political feuding is likely to vex European officials who want unanimous political commitment in return for a big loan. European financial officials are already frustrated with Athens as the Greek govern ment slips behind targets set as part of its euro110 billion ($159 billion) bailout last year, and are arguing with Ireland's new government, which is demanding better interest rates on its own euro67.5 billion ($97.4 billion) rescue package. The patience of voters in wealthier European countries, whose taxes are funding the bailouts, is also wearing thin. "It's a difficult proposition to sell (to voters the terms of the (Portugal bailout will probably be particularly harsh," said Diego Iscaro, an analyst at IHS Global Insight. Portugal has to come up with euro4.5 billion ($6.5 billion a bond repayment on Friday, then it needs around euro7 billion ($10 billion debts in June. But it is strug gling to raise funds as markets back away from investing in a country plagued by financial difficulties. Portugal has been living beyond its means for a decade, averaging annual growth of less than 1 percent while digging itself deeper into debt. The bailout conditions are expected to include further cuts in spend ing that will curb growth. The IMF said in forecasts published Monday that Portugal's economy will stay in recession through 2012, making it the last EU country to recover from the continent's downturn. Also, unemployment currently at 11.1 percent will rise to a record 12.4 by 2012, the IMF predicted. EU Monetary Affairs Commissioner Olli Rehn, who hopes a formal bailout deal can be signed by the middle of May, last week urged Portugal's political parties to "realize their major responsibility of overcoming the current difficulties." President Anibal Cavaco Silva, a figurehead who has repeatedly appealed for political compromise, said in a statement on his website Monday that Portugal "urgently needs" a bailout. The main parties, however, aren't even on speaking terms, and are in a confrontational mood ahead of an early election on June 5. A rescue package entails surrendering control to foreigners over key aspects of national financial affairs. Portuguese politicians fear they could be punished at the ballot box if they give their blessing to mea sures that lower living standards in what is already one of west ern Europe's poorest countries. The Socialist government quit in anger last month after opposition parties rejected its latest austerity measures, including new tax hikes and pension cuts, that were devised to avoid asking for a bailout. The main opposition Social Democratic Party, which is ahead in opinion polls, has accused the government of economic mismanagement. Another concern is increas ing social unrest. Austerity measures so far have spawned numerous strikes and street protests, and a bailout program is likely to produce more. The Portuguese Communist Party and the Left Bloc party, who blame bankers and financiers for the crisis, have formed an alliance to fight more belt-tight ening. Together, they could snare close to 20 percent of the vote. The outgoing government, now in a caretaker role, says the Social Democrats are to blame for the bailout. Interim Prime Minister Jose Socrates says he will keep opposition parties informed about the bailout negotiations, but stopped short of saying he would accept their advice. The Social Democrats, meanwhile, are holding out for a deal that would provide a bridge loan until the June 5 ballot, with the new government then negotiating a full package. But European leaders eager to clear up the Portuguese mess quickly before it spreads to other debt-troubled countries such as Spain, Italy and Belgium are unwilling to back any bridge loans. Voters in Germany, the con tinent's strongest economy, are unhappy about running to the aid of successive countries. Ger man Economy Minister Rainer Bruederle says there needs to be a "tough adjustment program to restore Portugal's com petitiveness" and a "strict plan" to cure its budget woes. The True Finns, a small populist party expected to do well in Finland's national election Sunday, has balked at more bailouts. Almost 60 percent of Finns questioned in a poll published last week said they opposed handing out financial assistance. The mounting pressure will likely force Portuguese politi cians to back down, according to Iscaro at IHS Global Insight. "Given the state the econo my's in, I expect something's going to have to give," he said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usiness Writers STAN CHOE, AP Business Writers NEW YORK Stocks closed broadly lower Monday in the final trading session before first-quarter earnings season gets under way. Traders are concerned about the effect of higher oil and food costs on corporate margins. Stocks turned lower in afternoon trading after the International Monetary Fund said that higher gas prices could slow the pace of the U.S. economy and offset the boost from the Federal Reserve's bond-buying stimulus program. The Dow Jones industrial average added 1.06 point, or less than 0.1 percent, to close at 12,381.11. The broader S&P 500 index fell 3.71, or 0.3 per cent, to 1,324.46. Energy companies fell 1.9 percent, the most of any of the 10 company groups that make up the index. The Nasdaq composite lost 8.91, or 0.3 percent, to 2,771.51. After the market closed, Alcoa Inc. reported a first-quarter profit on higher aluminum prices and sales, partially offset by a weaker dollar and higher energy and raw materials costs. The results fell short of expectations, sending the stock down 2.6 percent to $17.31 in after-hours trading. Alcoa is traditionally the first of the 30 companies that make up the Dow average to report earnings each quarter. Analysts have been hopeful that overall corporate earnings will come in ahead of expectations for the ninth consecutive quarter, but they still have a long list of worries including high oil prices and an aftershock that struck Japan on the one-month anniversary of the March 11 earthquake and tsunami disaster. It was the second major aftershock in less than a week to hit the country, which is the world's thirdlargest economy. Much of the earnings growth for companies so far during the recovery has come from cutting jobs and other costs. Analysts say this quarter's earnings season will show more revenue growth. More than 30 percent of companies could report revenue growth of at least 10 percent, according to S&P senior index analyst Howard Silverblatt. Analysts expect Alcoa, for example, to say its firstquarter revenue jumped 26 percent to $6.16 billion from $4.89 billion. The global economic recovery has meant more demand for Alcoa's aluminum. Companies are also turning to deals to help them grow. Endo Pharmaceuticals agreed to buy American Medical Systems Inc. for about $2.6 billion, a premium of 34 percent. Endo rose 0.5 percent to $41.06, and American Medical jumped 32 percent to $29.50. Level 3 Communications rose 18 percent to $1.70. The company agreed to buy Global Crossing Ltd., which jumped 69 percent to $24.97. The all-stock transaction is valued at about $1.9 billion. Meanwhile the struggle to control NYSE Euronext Inc. escalated. Nasdaq OMX Group Inc. and IntercontinentalExchange Inc. said their $11.3 billion bid for the parent company of the New York Stock Exchange was rejected without any talks. NYSE Euronext said it was sticking by its $10 billion deal to be acquired by Deutsche Boerse, a German exchange operator. NYSE Euronext fell nearly 3 percent to $37.59. Two stocks fell for every one that rose on the New York Stock Exchange. Consolidated volume came to 3.5 billion shares. A look at economic developments and activity in major stock markets around the world Monday: ___ SENDAI, Japan A strong new earthquake rattled Japan's northeast and killed one girl as the government urged more people living near a tsunami-crippled nuclear plant to leave, citing concerns about long-term health risks from radiation. ___ LONDON High oil prices and another strong earthquake in Japan kept a lid on stocks despite optimism over the upcoming U.S. corporate earnings results season. The FTSE 100 index of leading British shares was flat by the close while Germany's DAX fell 0.2 percent. The CAC-40 in France was 0.6 percent lower. ___ TOKYO In Asia, Japan's Nikkei 225 stock average dipped 0.5 percent, while South Korea's Kospi edged down 0.3 percent. Hong Kong's Hang Seng index slid 0.4 percent. Benchmarks in mainland China, Taiwan, Singapore and India also fell. ___ SHANGHAI China's auto sales rebounded in March but growth was well below last year's rapid expansion as gasoline prices rose and government incentives wound down. ___ LONDON An independent British commission recom mended that banks should be reorganized so that firewalls protect retail operations from riskier investment banking activities. ___ TAIPEI, Taiwan Taiwan's exports in March have surged 17 percent to $27 billion year-on-year amid strong demand for the island's high-tech goods. ___ MUMBAI, India India's industrial output grew a slowerthan-expected 3.6 percent in February as rising input costs and interest rate hikes begin to cut into growth in Asia's third-largest economy. ___ BUCHAREST, Romania Officials say that Romania's inflation continued to accelerate in March, to an annual 8 percent rate, led by higher food prices. GLOBAL ECONOMIC NEWS associated press Stocks weaken as the IMF lowers estimate for US economic growth Political fights could unravel Portugal's bailout INTERNATIONAL BUSINESS (AP Photo/The Yomiuri Shimbun, Daisuke Tomita ALERT: A boy has his radiation level checked in the compound of Fukushima Gender Equality Centre in Nihonmatsu, Fukushima Prefecture, northeastern Japan, Sunday morning, March 13, 2011 after being evacuated from a town located near the troubled Fukushima Dai-ichi nuclear power plant. (AP Photo/ Francisco Seco BAILOUT: A man leaves a building of the Bank of Portugal Monday, A pril 11, 2011 in Lisbon. A delegation from the International Mone t ary Fund, European Central Bank and European Commission, bodies that will raise the estimated euro80 billion ($115.5 billion Portugal and oversee its use, is expected in Lisbon on Tuesday for initial talks.
BUSINESS P AGE 8B, TUESDAY, APRIL 12, 2011 THE TRIBUNE 5 2wk-Hi52wk-LowSecurit y P revious CloseToday's CloseChangeDaily Vol.EPS $Div $P/EYield 1 .190.95AML Foods Limited1.191.190.000.1230.0409.73.36% 10.639.05Bahamas Property Fund10.6310.630.000.0130.200817.71.88% 6.004.40Bank of Bahamas5.466.000.541,0000.1530.10039.21.67% 0 .530.17Benchmark0.180.180.00-0.8770.000N/M0.00% 2.842.70Bahamas Waste2.702.700.000.1680.09016.13.33% 2 .201.96Fidelity Bank1.961.960.000.0160.040122.52.04% 12.408.75Cable Bahamas8.758.750.001.0500.3108.33.54% 2.852.35Colina Holdings2.552.550.001.0310.0402.51.57% 7.005.80Commonwealth Bank (S1)6.936.930.000.4880.26014.23.75% 2.861.90Consolidated Water BDRs2.092.090.000.1110.04518.82.15% 2.541.40Doctor's Hospital1.401.400.000.1070.11013.17.86% 6.305.22Famguard5.225.220.000.3570.24014.64.60% 9.105.65Finco6.786.780.000.6820.0009.90.00% 1 1.408.75FirstCaribbean Bank8.768.760.000.4940.35017.74.00% 6.004.57Focol (S)5.505.500.000.4520.16012.22.91% 1.001.00Focol Class B Preference1.001.000.000.0000.000N/M0.00% 7.305.50ICD Utilities7.307.300.000.0120.240608.33.29% 10.509.80J. S. Johnson9.829.820.000.8590.64011.46.52%1 0.0010.00Premier Real Estate10.0010.000.001.2070.2008.32.00% 5 2wk-Hi52wk-LowSecuritySymbolLast SaleChangeDaily Vol. 9 9.4699.46Bahamas Note 6.95 (2029BAH2999.460.00 100.00100.00Fidelity Bank Note 17 (Series A) +FBB17100.000.00 100.00100.00Fidelity Bank Note 22 (Series B) +FBB22100.000.00 100.00100.00Fidelity Bank Note 13 (Series C) +FBB13100.000.00 100.00100.00Fidelity Bank Note 15 (Series D) +FBB15100.000.00 5 2wk-Hi 5 2wk-Low S ymbol B id$ A sk$ L astPrice D ailyVol E PS$ D iv$ P /E Y ield FINDEX: YEAR END 2008 -12.31%30 May 2013 20 November 2029MONDAY, 11 APRIL 2011BISX ALL SHARE INDEX: CLOSE 1,436.96 | CHG 4.33 | %CHG 0.30 | YTD -62.55 | YTD % -4.17BISX LISTED DEBT SECURITIES (Bonds trade on a Percentage Pricing basis)Maturity 19 October 2017 7%RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)29 May 2015 W WW.BISXBAHAMAS.COM | TELEPHONE: 242-677-BISX (2479) | FACSIMILE: 242-323-232019 October 2022 Prime + 1.75% Prime + 1.75% 6.95%BISX LISTED & TRADED SECURITIES AS OF:7% Interest 52wk Hi 52wk Low Symbol Bid $ Ask $ Last Price Daily Vol EPS $ Div $ P/E Yield 10.065.01Bahamas SupermarketsN/AN/A14.00-2.9450.000N/M0.00% 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 1.54871.4525CFAL Bond Fund1.54871.48%6.06%1.526164 2.98142.8300CFAL MSI Preferred Fund2.98141.15%2.40%2.947425 1.59201.5141CFAL Money Market Fund1.59201.14%4.53%1.574964 3.20252.8522Royal Fidelity Bahamas G & I Fund2.7049-0.56%-15.54% 13.638813.0484Royal Fidelity Prime Income Fund13.50161.08%0.02% 115.7622101.6693CFAL Global Bond Fund115.76229.58%9.58%114.368369 111.469799.4177CFAL Global Equity Fund111.469711.32%11.32%106.552835 1.14651.0000FG Financial Preferred Income Fund1.14655.20%5.20% 1.11851.0000FG Financial Growth Fund1.11854.73%4.73% 1.14911.0000FG Financial Diversified Fund1.14915.35%5.35% 9.99529.1005Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 19.99521.51%6.08% 11.217310.0000Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 211.21731.50%6.41% 10.42889.1708Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 310.42884.03%4.29% 8.45104.8105Royal Fidelity Int'l Fund Equities Sub Fund8.55591.88%8.41% 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 7/11/200731-Mar-11 31-Mar-11 109.392860 100.183340 31-Dec-10 31-Dec-10 NAV 6MTH 1.505557 2.918697 1.555464TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-752531-Mar-11 31-Dec-10 31-Mar-11 1-Apr-11 31-Jan-11MARKET TERMS31-Dec-10 31-Mar-11CFAL Securities Ltd. (Over-The-Counter Securities)31-Mar-11BISX Listed Mutual FundsNAV Date 31-Mar-11 31-Dec-10 3$0(/$3+,/$'(/3+,$ -26(3+RI)267(5675((7*(1(5$/'(/,9(5< 1$66$8%$+$0$6 PITTSBURGH Alcoa Inc. said Monday it turned a first-quarter profit on stronger sales at higher prices that were offset by a weaker dollar and higher costs for energy and raw materials. Alcoa said business improved from a range of customers, includ ing aerospace, automotive, commercial transportation and packaging industries. It marked the fourth consecutive quarterly profit for Alcoa as it pulled out of two difficult years hit by the recession. The Pittsburgh aluminum manufacturer also expects business to continue to improve, reaffirming its forecast of a 12 percent increase in global aluminum demand this year. Alcoa Chairman and CEO Klaus Kleinfeld said the company improved profitability across all business segments and said his out look remains very positive for 2011 and beyond. Alcoa's first-quarter net income was $308 million, or 27 cents a share, compared with a net loss of $201 million, or 20 cents a share, in the year-ago quarter. Sales increased to $5.96 billion from $4.9 billion a year ago. That fell short of expectations from analysts, who expected sales of $6.16 billion, according to FactSet. Excluding special items, Alcoa earned 28 cents per share. That beat analysts' forecasts by a penny. Kleinfeld's positive outlook for the rest of the year follows recent positive economic data that indicate the U.S. economy continues to recover. Last week automakers reported new cars sales in March were up 17 percent from a year ago. And the Com merce Department reported the U.S. economy grew at an annual r ate of 3.1 percent in the fourth quarter, up from 2.6 percent in the third quarter. Alcoa said average aluminum prices rose about 15 percent dur ing the quarter, but earnings were affected by a weaker dollar against other currencies and higher raw materials costs. Alcoa released earnings after the market closed. Shares fell 54 cents, or 3 percent, to $17.23 in after-hours trading. CHRIS KAHN, AP Energy Writer NEW YORK Oil fell Monday after Libya's Moammar Gadhafi appearedto accept a cease-fire plan with rebel forces, increasing the chances that Libyan crude ill return to world markets soon. Crude prices were also pushed down as the IMF cut its forecast for U.S. growth this year and Goldman Sachs warned that consumers in the U.S. are starting to conserve energy in the face of high oil prices. Benchmark West Texas Intermediate crude for May delivery lost $2.87 to settle at $109.92 per barrel on the New York Mercantile Exchange. Earlier in the day, crude rose as high as $113.46 per barrel, the highest level since September 2008. The drop followed news over the weekend that Gadhafi had accepted a "road map" to a cease-fire from a delegation of African leaders. Although rebel leaders later rejected the truce proposal because it did not include Gadhafi stepping down, traders considered the ceasefire move a sign that oil exports will start again once the fighting stops. "A cease-fire could ultimately lead to a stable enough environment that could accommodate at least some oil production" in Libya, analyst Jim Ritterbusch said. Before the rebellion broke out, Libya produced about 1.6 million barrels of oil per day and supplied nearly 2 percent of world demand. Most of Libya's oil went to refineries in Europe. Goldman Sachs analyst Jeffrey Currie recommended that investors stop buying a specific oil contract that the investment bank had previously recommended. Currie said the U.S. appears to have started cutting oil consumption as consumers face higher prices for gasoline and other petroleum-based fuels. Currie focused on the oil contract for December delivery, but investors will likely take that as a general recommendation to sell, analyst Stephen Schork said. Goldman Sachs is a major player in oil markets and it has been one of the most vocal about the potential for oil to rise this year, Schork said. "They're one of the big guys that everyone follows, and they have a tremendous influence on what other people do," Schork said. The International Monetary Fund lowered its forecast for U.S. growth this year to reflect the increased burden of higher oil prices. The IMF said the economy of the world's largest oil consumer will expand by 2.8 percent this year, down 0.2 percentage point from the IMF projection in January. Traders and analysts are awaiting a trove of data about world oil supply and demand that's expected Tuesday from the Organization of Petroleum Exporting Countries, the International Energy Agency and the Energy Department's Energy Information Administration. MasterCard SpendingPulse also will release its latest survey of retail gasoline demand in the U.S. In other Nymex trading for May contracts, heating oil lost 6.72 cents to settle at $3.2525 per gallon and gasoline futures dropped 6.02 cents to settle at $3.2005 per gallon. Natural gas gained 6.7 cents to settle at $4.108 per 1,000 cubic feet. In London, Brent crude gave up $2.70 to settle at $123.42 per barrel on the ICE Futures exchange. Oil falls on Libya, Goldman Sachs demand warning CHRIS KAHN, AP Energy Writer NEW YORK Soaring gas prices are starting to take a toll on American drivers. Across the country, people are pumping less into the tank, reversing what had been a steady increase in demand for fuel. For five weeks in a row, they have bought less gas than they did a year ago. Drivers bought about 2.4 million fewer gallons for the week of April 1, a 3.6 percent drop from last year, according to MasterCard SpendingPulse, which tracks the volume of gas sold at 140,000 service stations nationwide. The last time Americans cut back so much was in December, when snowstorms forced people to stay home. Before the decline, demand was increas ing for two months. Some analysts had expected the trend to continue because the economic recovery was picking up, adding 216,000 jobs in March. "More people are going to work," said John Gamel, director of gasoline research for MasterCard. "That means more people are driving and they should be buying more gas." Instead, about 70 percent of the nation's major gas-station chains say sales have fall-en, according to a March survey by the Oil Price Information Service. More than half reported a drop of 3 percent or more the sharpest since the summer of 2008, when gas soared past $4 a gallon. Now it's creep ing toward $4 again. People are still taking a hit, even as they conserve gas. That's because gas prices are going up faster than people are cutting back. Gas is 32 percent more expensive than it was in April 2010. In all, Americans are paying roughly $340 million more per day to fill up than they did a year ago. Gas prices have shot up as unrest in North Africa and the Middle East rattled energy markets and increased global demand for crude oil squeezed supplies. A gallon of unleaded regular costs $3.77 on average, and only Wyoming has an average lower than $3.50. Gas is already 41 cents more expensive than at this point in 2008, when it peaked at $4.11 in July. Most analysts are sticking to forecasts of a high of $4 a gallon, though some have predicted $5. Across the country, some dri vers are already hunting for cheaper gas, sometimes with the help of a mobile phone app. Others are checking out bus and train schedules, reconsidering mass transportation, or trading in their SUVs for more fuel-efficient models. Kim Cramer, who works for Radio Flyer in Chicago, has start ed walking and carpooling more. She's also learned to be choosy, buying gas in suburbs, where she's learned she can save as much as 20 cents a gallon. "I try to fill up anywhere besides the city," she said. About two and a half days' worth of Whitney Shaw's pay each month goes just to fill up her 2001 Hyundai Accent. The administrative assistant is thinking about taking the bus for her daily commute, 50 miles each way between Branford, Conn., and Hartford. "It's three hours of pay from work just to fill up my tank even once, so I'm definitely feeling it," Shaw said while filling up for $3.61 a gallon at a Valero station on the Berlin Turnpike. Americans also appear to be turning to smaller, more fuel-efficient cars. Sales of the Hyundai Sonata and Elantra soared 55 percent in March. Meanwhile, sales of Chevy's Sub urban SUV dropped nearly 24 percent. The decline is somewhat puzzling because Americans typically curb their driving only as a last resort, after sacrificing other forms of discretionary spending, like shopping for new clothes, or going to movies, concerts and restaurants. But demand for gas is falling while other types of spending are on the rise. Retail sales rose 2 percent in March compared with a year earlier, surprising economists who were expecting no increase or even a decline. Gamel said it's too early to tell whether this is the kind of long-term decline in demand that the economy endured during the recession. Prices already are in the range when Americans started to leave their cars in the driveway several years ago. Drivers began to cut back on gas in Octo ber 2007, when the national average approached $3 per gallon. NEW YORK The dollar fell against the yen Monday after another powerful earthquake shook northern Japan, setting of more tsunami a lerts. Monday's large aftershock came exactly a month after an earthquake and tsunami flattened towns and damaged a nuclear plant in northern Japan. It's the second strong aftershock to hit northern Japan in less than a week. T he dollar was worth 84.75 Japanese yen in late afternoon t rading in New York, down from 84.89 Japanese yen late Frid ay. The Japanese yen is considered a safe-haven currency and tends to get stronger during times of turmoil. Days after the March 11 earthquake and tsunami, the yen reached a new record high against the dollar. Elsewhere, the U.S. dollar traded between narrow ranges and was nearly unchanged Monday. The euro edged down to$ 1.4429 late Monday from $1.4435 late Friday. Weighing on the dollar was the assumption that the Federal Reserve will keep interest rates "anchored" at zero, said Win T hin, senior currency strategist at Brown Brothers Harriman. L ast week, the European Central Bank raised its key interest rate to 1.25 percent from 1 percent. Janet Yellen, the vice chair at the Federal Reserve, said in a s peech Monday that the economy is still not strong enough to start changing the central bank's current policy. "An accommodative monetary policy continues to be approp riate because unemployment remains elevated, and, even n ow, measures of underlying inflation are somewhat below the levels that FOMC (Federal Open Market Committee ticipants judge to be consistent," said Yellen. C entral banks raise interest rates to curb inflation, and higher rates tend to increase demand for the currency linked to thatc ountry or region. In other trading late Monday, the British p ound fell to $1.6345 from $1.6352 late Friday. The dollar fell t o 0.9066 Swiss franc from 0.9098 Swiss franc, and fell to 95.68 Canadian cents from 95.77 Canadian cents. Drivers start to cut back on gas as prices rise BUSINESS IN BRIEF DOLLAR FALLS VERSUS YEN AFTER JAPAN'S LATEST QUAKE ALCOA INC. TURNS 1Q PROFIT ON STRONGER SALES SAN FRANCISCO Microsoft Corp. found a new way to lash out at the world's Google Inc. on Monday, extending the hostilities between two of the most prominent corporations in the technology industry. Microsoft claimed Google has been misleading customers about the security certification of its suite of software programs for governments. Microsoft's deputy general counsel, David Howard, blogged on Monday about a newly unsealed court document that shows that "Google Apps for Government" hasn't been certified under the Federal Information Security Management Act. Google's website claims it has, and the company has attested to that in court docu ments. "It's time for Google to stop telling governments something that is not true," Howard wrote. The documents are part of a Google lawsuit alleging that it was improperly frozen out of competing for a U.S. Department of Interior contract to build a new e-mail system for 85,000 employees a contract Microsoft won. A judge earlier sided with Google's belief that the bidding was rigged to favor Microsoft, and issued a preliminary injunction with the two sides duke it out. MICR OSOFT A TTACKS GOOGLE OVER SECURITY (AP Photo/Reed Saxon G OING UP: A man on a skateboard passes a 76 station with fuel prices in the $4.00 range in Los Angeles Monday, April 11, 2011. INTERNATIONAL BUSINESS
It's been 30 years since his death; and there have many r u m o u r s a n d s p e c u l a t i o n ab out th e c ause of dea th Did h e r e a l l y d i e f r o m a b r a i n t u m o r ? O r o t h er n e f a r i o u s caus es ? L ik e t he CIA ? Poi s o n i n h i s b o o t s e t c ? B o b M a r l e y s m e d i c a l r e c o r d s w e r e n e v e r m a d e p u b l i c H o w e v e r f ro m se v e ra l s o u rc e s I managed to piece together t h e s t o r y o f h i s i l l n e s s a n d d ea th f r om M et as t at i c S ki n C a n c e r ( M e l a n o m a ) T h i s a c co u n t I h o p e i s f a i r b al anced and enlightening. B ob M ar l ey r em ai n s t h e m o s t w i d e l y k n o w n a n d revered performer of reggae m u s i c a n d i s c r e d i t e d w i t h s pr eading Jamaican and t he R a st a fa r ia n mo v e m e nt w o rl dwide. HIS LIFE B or n R ober t N es tor Mar l e y, F eb u r a r y 6 1 9 45 t o a n English father Norman Mar ley, 50 and a Black Jamaican m o t h e r Ce d e l l a B o o k e r 1 8 B o b g re w u p in S t A n n 's ; th e n T r e n c h T o w n K i n g s t o n Jamaica. He recorded his first two singles "Jud ge Not and "One C u p o f C o f f e e ( 1 9 6 2 ) b u t the y a ttrac te d li ttle a tte nti on! He then formed the original Wail er s( 1963) and t hey h ad t h e i r f i r s t b i g h i t S i m m e r Down"(1964). Years later in an interview Peter Tosh one o f t h e o r ig in al Wai le r s s ai d he (Tosh) hated the song. B y t h e 1 9 7 0 's th e g ro u p w a s an international success with hi ts su ch as No woman n o cry ", "J ammi ng", On Lov e" a n d R e d e m p t i o n S o n g H e ma rr ied A lp ha Rit a And er son in 1966. She became the f a m o u s R i t a M a r l e y H e b e c a m e a R a s t a f a r i a n t h e same year. When was the first indica ti o n th a t som e th i ng w a s a m is s w i t h B o b M a r l e y s h e a l t h ? Ac c o rd in g t o sou rc e s th is fi rst hap pened i n th e s um mer o f 1 9 7 7 H e i n j u r e d h i s r i g h t g r e a t t o e d u r i n g a S o c c e r g a m e o n t ou r i n P a ri s, F ra n c e The toe nai l be ca me partia lly d e t a c h e d a n d p a i n f u l H e admitted to his manager that t h e t o e h a d b e e n i n j u r e d before and a wound was "on an d off" fo r y ea rs If tha t w a s t r u e c o u l d a m a l i g n a n t me la no ma (skin c a nc e r) be en g r o w i n g t h e r e e a r l i e r ? A wou nd or s o r e that refuses to hea l is a cla ss ic s ign of ski n cancer. The hotel doctor was con sulted and the right great toe nai l w a s remo ved a nd the toe b a n d a g e d N o b i o p s y w a s d o n e T h e E u r o p e a n t o u r c o nt i nu e d a n d t he R i g ht g r ea t t oe app eare d to h eal. Ho we v e r l a t e r t h at s u m m er h e h ur t t he t oe a g a i n p l a y i ng so c cer. It was painful and a new w o u n d o p e n e d u p a n d r e fu s e d to heal. As Bob Marley went to Londo n fo r a me eti ng, l ate tha t summ er ( 1 97 7), his mana g e r a d v i se d h i m to se e a d oc tor. According to reports the a p pe a r a n c e of hi s t o e s ho c k e d the Doctor. It was said to be ea ti ng a w ay A sk in b io psy w a s do n e (re m o va l of s ki n t issu e fo r e x a m i n a ti o n u n d e r th e microscope). The shocking diagnosis of a malignant melanoma (Skin C a n c e r ) w a s g i v e n t o B o b Marley. He was advised that treatm ent wou ld be to amput a te t h e t o e t o s t op t he c a n c e r from spreading. In Miami s till in the su mmer 1 977, the Britis h diagnos i s o f m a l i g n a n t m e l a n o m a was conf irmed t o B o b Mar ley again. He was advised to g e t t h e t o e a m p u t a t e d a n d possibly the right foot. Again he refused. W h y d i d n t B o b M a r l e y hav e the amp utation ? He cite d r el i g i ou s b e l ie f s a bo u t n ot cut ti ng t he fl es h". H owever he a llow e d t he fam ous orthop e d i c s u r g e o n D r W i l l i a m Bacon to do a surgical exci sion to "cut away" cancerous t is su e on t he t oe a n d d o a s ki n graft at Cedar's of L ebanon Hosp ital ( now Univers ity of M i a m i H o s p i t a l ) H e r e m a i n e d i n H o s p i t a l o n e wee k and spent about t hree months recuperating in Mia m i T h e p r o c e d u r e w a s de eme d a suc ce s s" But sadly it was not. The cancer in it v iru le n t for m be g an to sp re ad t h r o u gh h i s bo d y ( m et a s t a sized). T h i s b r i n gs t h e q u e s t i o n wh y wo u ld Bo b M ar l ey ge t skin cancer on his toe? First we must remember that Bob was diagnosed with an Acral M e l a n o m a T h i s t y p e a cco u n t s f o r 70 p er c en t o f me la no ma in da rk ly p ig me nte d i n d i v i d u a l o r As i a n s I t t y p i c a l l y o c c u r s o n n o n s u n e x po s ed a r e a s a s t h e p a l m t h e s o l e a n d m u c o s a a n d under the nails. It is charac te ri se d b y a da rk m o le or sp ot that can turn cancerous. Th is c a n h ap pen b y repe ated trauma to the area or for no r e as on at all. Studies have sh o w n t h a t d a r ke r sk i n p e o p l e a r e m o r e l i k e l y t o p r e s e n t with advanced diseas e s tage II I IV t h an whites who typic a lly ap pe a r w i th st ag e I. Thi s is exactly what happened in M r M a r l e y s c a s e H e p r e s e n t e d w i t h a s k i n c a n c e r stage 3-4 on his toe. H e al s o w a s fa ir-skin ned of a w h i t e f a t h e r B e i n g f a i r s k i n n e d i s a r i s k f a c t o r f o r s k i n ca n cer M el a no m a ca n t a k e y e a r s t o s p r e a d M o s t l i k e l y h e h a d a p i g m e n t e d d a r k m o l e u n d e r h i s r i g h t great toe nail, the continued pl ay ing o f soc c er trau ma tiz ed the dark mole, which turned ca n ce r o u s th e n i n t o a s o r e When his cancer was discov e r e d ( s u m m e r o f 1 9 7 7) t h e re c om m e nd a ti on t o a mp ut a te his toe would most certainly ha ve sa ve d his lif e. The su rgic a l e xc i si on d on e a n d th e sk in graft (July 1977) was ineffec tive or simply too late. As th e year s wen t by his health was deteriorating. He continued to be immersed in his music. In 1976 there was a n a t t e m p t o n h i s l i f e i n J am a ic a Mr Mar le y na rro w ly es cap ed d eat h, H e, h is wif e a n d m a n a g e r D o n T a y l o r were shot. A m o n g t h e D o c t o r s atten ding, them w as a promi n e n t B a h a m i a n d o c t o r D r P h i l i p T h o m p s o n w h o w a s attending U.W.I. at the time. I n 1 9 79 B ob M a rle y v isi t ed N a ssa u, The tr ip w a s o pp os ed by some religious ministers. It does not appear that he f ol lo wed up on hi s d oc to r 's visits. A l l a p p e a r e d w e l l u n t i l 1 9 8 0 H e r e l e a s e d h i s l a s t a l b u m U p r i s i n g a n d t h e band, the Wailers were plan ning an America n to ur w it h Stev ie W onder for the w inte r o f 1 98 0 H o w e v er b y t he su m me r o f 198 0 th e cancer was m e t a s t a s i z i n g t h r o u g h h i s body. Accordin g t o sour c es he d id not fee l we ll an d s a w a d o ct o r w h o g i v e h i m cl e ar ance to go on tour! The tour started in Boston f o l l o w e d b y N e w Y o r k i n September 1980. During the show in New York in Madi s o n S q u a r e G a r d e n s B o b looked sick and almost faint e d T h e v e r y n e x t m o r n i n g Sep tem ber 21 while j oggi ng t h r o u g h C e n t r a l P a r k B o b M a r l e y c o l l a p s e d a n d w a s br o ught to a hos pi ta l. T es ts showed a brain tumor, which most likely had spread from t h e p r i m a r y c a n c e r o n h i s r i g h t g r e a t t o e T h e ca n ce r w a s n o w sp re ad i ng t o h is v it al organs. H o w d o e s a m a l i g n a n t melanoma spread? It is gen erally agreed that melanoma c e ll s sp re a d v ia th e l ym p ha t ic t h e b l o o d s t r e a m o r b o t h T hen it ca n af fect th e li ver t h e l u n g s t h e b r a i n o r t h e bones. A ne u ro l og i st g av e h im on e month to liv e. Rita Marle y is s a i d t o h a v e w a n t e d t h e rem ain ing tou r c an ce lle d, bu t Bob wanted to continue. He played his last show in Pitts burgh, but was too ill to con tinue and the tour w as f i nally cancelled. That show proved to be his last. Con vin ced a t l as t t o s ee k medical t reatment, Bob w as admitt ed t o Sloan-Ketter ing Cancer Center in Manhattan NY. This center is one of the world's leading cancer treat m e n t c e n t e r T e s t s t h e n r e v e a l e d t h e m a l i g n a n t mel anoma c anc er had spread t o h i s l u n g s a n d l i v e r H e re c e i v e d a fe w ra d i a ti o n t re a t men ts but ch eck ed out w hen so me N e w Y o rk p a pe rs l e t on that he w as s eriously ill. He went to Miami, then back to S l o a n K e t t e r i n g t h e n Jamai ca. Why th e back an d f o r th ? S o me s ai d h e h ad n 't mu ch fa ith in We stern Med icine". H e w a s a dv ise d t o se ek f ur t h er he l p i n G er m an y. Bo b and his entourage then trav e l l e d t o G e r m a n y t o t h e Bavar ia n Clin ic of D r Jo sef Issels. He was a specialist in Holistics, or Toxic cancer t r e a t m e n t W h y l e a v e a w orl d ren ow ne d c an c er tre at ment c en ter l ike Slo an-KetDeath Skin Cancer WOMAN THE TRIBUNE TUESDA Y APRIL 12, 201 1, P AGE 9B B O D Y A N D M I N D B ob Marley the charismatic beloved Jamaican singer, who introduced reggae infused with Rastafarian themes died from a cancerous brain Tumor on May 11, 1981 in Miami. Florida. He was only 36 years old. B Y ? A T H E B O B M A R L E Y S T O R Y SEE page 10B "Rasta can' t get cancer it is nothing but a Buck toe' and the doc tor doesn' t know what he is talking about!" TOP RASTAFARIAN BOB MARLEY
DROOLING is when sali v a ( s p i t ) l e a k s f r o m t h e mouth. The lips may appear t o b e s e a l ed b u t a s l o n g as t he re is a le aka ge o f s al iv a, they are uns e aled. It is usually caused by true excess sali vation (spit overproduction), bu t c a n b e du e t o th e i n ab il i ty t o h o l d s a l i v a w i t h i n t h e m ou t h o r t he i n a bi l i ty t o sw a llow the saliva. In the last two situ ati on s the a mo unt of sa liv a pr o d uce d m ay b e wi t hi n normal limits. T h e r e a r e m a n y i m p l i c a tion s tha t must be c onside red as a re sul t of dro oli ng Dro oli n g i s o f t e n t i m e s s o c i a l l y unacceptable and can be an e mb a r r as s m e nt f o r an in d i v i d ua l an d / o r t h e c a r e gi v er ( m o s t t i me s a f a m i l y m e m b e r) A s a r e su l t o f th e e m b a rrassment, soc ial isola tion and ali ena tion ma y follow It m ay eve nt ua lly be come nec ess ary t o c h a n g e c l o t h i n g s e v e r a l times each day or to instruct the individual who drools, to w e a r a b i b c o n s t a n t l y T h e w ea rin g of a b ib esp ec ia ll y a s an adult, us ually caus e s fur t h e r s t i g m a t i s a t i o n a n d ostracisation. W h e n t h e r e i s d r o o l i n g t h e re i s a c on s t a n t e x p o su r e o f the skin a r o und the m outh to s al i va a nd th i s m ay cau s e a ra s h t o d e v e l op Th e r a sh us ua l l y d e v e l o p s a r o u n d t h e m o u t h c h i n a n d / o r l i p s I n addition to this, chapping of th e li ps an d in fec t ion s a rou nd t h e m o u t h c a n o c c u r a s a re su l t o f t h e sa l i v a o n th e sk i n The chapping of the lips and t h e i n f e c t i o n s c o m m o n l y c a u s e d i s c o m f o r t a n d p a i n. T he y a r e a l so o ft e n t i m e s unsightly. O f no te pe rson s wh o dro ol a r e a t a n i n c r e a s e d r i s k o f in ha l in g sa li v a, foo ds o r f lu id s into the lungs. This is usually as a result of impa ired mouth r e f l e x m ec h a n is m s s u c h as gagging and coughing. When these foreign materials enter the lung s a respiratory infec tion commonly ensues. Tru e sali va o ve rprod uc tion leading to drooling is usually caused by local factors in the m o u t h ( e g t e e t h i n g a n d a b n o r m a l s t r u c t u r a l m o u t h changes); food; physiological factors (e.g. early pregnancy and menstr uation); nasogast r i c i nt u b at i o n ( tu b i ng r u nn i n g f r o m t h e n o s e t o t h e stomach for feeding purpos es); func tion al hea d and ne ck o r g a n i c p r o b l e m s ( e g o es op hag eal ( t hr o at ) s p as m and motility disorders); gen e r a l o r g a n i c p a t h o l o g i c a l pro ble ms (e. g. ul c ers and h ia tus hernias) and medications ( e g p i l o c a r p i n e a n d bethanecol). F a lse sa li v a o ve rp ro du c ti on (ap pare nt hy per sal iva tio n) i s c a u s e d b y t h e i n a b i l i t y t o swallow a normal amount of sa l iv a an d n ot b y e x c e ss sa l iv a p r o d u ct i o n I t i s ca u s e d b y m u s cu l a r i nc o o r d in a t i o n o r n eu r o l o gi ca l di s o r d e r s ( e. g e p i l e p s y c e r e b r a l p a l s y P a rk i ns o n' s d i se a s e a n d le a r n ing disability) ; poor lip seal; m a l o c c l u s i o n ( i n a d e q u a t e m a n n e r i n w h i c h t e e t h f i t together); things obstructing t h e t h r o a t a n d m o u t h ( e g can cer ) an d a bn or m al h ea d p o s i t i o n i n g ( o f t e n s e e n i n nerve problems). The treatment of drooling involves the management of the underlying cause and the treatment of any mouth dis e a s e o c cu r r i n g a t t h e s a m e time. The utilisation of addi ti ona l me th odo lo gi es ha s a lso grow n in popula r ity in r e cen t times Some of the methodologies include: B e h a v i o r a l a p p r o a c h e s (e.g. anti-drooling classes). Physiotherapy approac hes ( e. g. s e ns ory motor a ctiva tors and regulators). Or th od on ti c sThi s w ou ld be done if there is malocclu sion and poor lip seal. B o tu l i n u m t ox o i d ( B o t o x ) inje ction s into particu lar sali vary glands to r e d uc e s aliva production. Sur gic al tr ea t ment. This m a y i n c l u d e c u t t i n g t h e n e r v e s t h a t s u p p l y o n e o r mor e of th e s alivar y glands ; r e po s i t io n in g s a l iv ar y du ct s ( ou t le ts ) t o t h e ba ck o f t h e thr oa t or ligating (tying off) salivary ducts. Radiation of the salivary glan ds T his is done o nly i n very extreme cases. Medic ation ( e .g. antihistamine and glycopyrrolate). T he negative st igma as sociated with drooling, can and s houl d be add re ss ed. I f yo u drool or know someone who dr ools you s hould m ake an a p p o i n t m e n t to s e e y o u d e n t a l or med ica l hea lthc are profe ss i o n a l r e g a r d i n g t h e ca u s e a nd t r e a t m en t T h e p r of e s sional will assess the serious n e s s o f t h e d r o o l i n g a n d de te rmin e if an y ac ti on ne ed s t o b e t a k e n. T he s oc i a l s ti g m a can be addressed. This article is for information al purposes only. It is not intended and may not be treated as, a substitute for professional medical/dental advice, diagnosis, or treatment. Always seek the advice of a physician or dental professional with any questions you may have regarding a medical/dental condition. Never disregard professional medical/dental advice or delay in seeking it because of a purely informational publication." Copyright 2011 by Dr. Andre R. Clarke. All rights reserved. Reproduction of this article, in whole or in part, is prohibited without written permission. If you have questions, please send email to firstname.lastname@example.org. Dr. Andr R. Clarke, DDS, MBBS Special Care Dentistry THIS week continues with more red flags as you take a sneak peek at your feet. Y o u c a n d e t e c t e v e ry t h i n g f ro m diab etes to n utr it ion al d efi cienci es jus t by exam in i n g t h e f e e t s a y s J a n e Ander sen, Doctor of P odiatry Me d ic in e a nd pr esi de nt of the American Association of W o m e n P o d i a t r i s t s a n d a spoke swo man fo r the A merican Podiatric Medical Asso ciation. The feet provide an abun da nce of i ns ight fu l dat a. A pair of feet contain 52 bones, which is more than a quarter o f a l l t h e 2 0 6 b o n e s o f t h e bod y E ac h foo t h as 33 jo ints; 100 tendons; mus c les a nd ligaments; and countless nerves an d b loo d v esse ls th at lin k all t h e w a y t o t h e h e ar t s p i n e and brain. This is an indica tion of how im por ta nt nature r egar de d th e foo t whe n s he designed it. Unresolved foot problems can have un e xpected cons eq u e n c e s. U n t re a t e d p a i n o ft e n lead s a pe rs on t o move l ess a n d g a i n w e i g h t o r t o s h i f t b a l a n c e i n u n n a t u r a l w a y s th ere b y in c re asi ng the c ha nc e o f f a l l i n g a n d b r e a k i n g a bone. S o w h e n t h e f e e t s e n d a message they mean business T hi s we ek we wi ll h ig hli gh t t h e s e v e n t h a n d e i g h t h o f ei ght een re d flag s a s I co ntin ue a nine segment presenta tion. Red Flag7: Feet that are really painful to walk on. What it means: Undiag nosed stress fractures are a common cause of foot pain. The discomfort can be felt along the sides of the feet, in the soles, or "all over." These fractures often occur repeatedly and may be caused by another underlying problem, often osteopenia (a decrease in optimum bone density, especially in women over age 50) or some kind of malnutrition, including a vitamin D deficiency, a problem absorbing calcium, or anorexia. More clues : Often as you continue to walk on the broken bones, it just hurts like heck. (Many people have gone undiagnosed for as long as a year.) What to do: See a foot doctor about any pain. If for example, you've been walking around on vacation for three weeks in bad shoes, your feet may simply be sore. But a 55-year-old with painful feet may need a bone-density exam. An Xray can also reveal possible nutritional issues that warrant a referral to a primary care provider. Red Flag 8: Pitted toenails. What it means: In up to half of all people with psoriasis, the skin disease also shows up in the nail as many little holes, which can be deep or shallow. More than three-fourths of those with psoriatic arthritis, a related disorder that affects the joints as well as the skin, also have pocked, pitted nails. More cl ues: The n ails ( fi nge rs as w el l as toes) w ill also thic ke n. T he y may be ye llow -brow n o r hav e sa lmonc oloure d pa tch es. The knu ckl e n eare s t the nail is al s o lik ely to b e dry re d an d i n f l a m e d What to do : A va r i ety of me dic atio ns ca n tre at b oth psoria s i s and psoriati c arthritis a nd c a n restore the nail be d surfac e in m any c ases, e s p ec iall y if treatm ent s ta rts e arly. How ev er, if no t sure c hec k w ith you r physic ia n. Bernadette D. Gibson, a Board Certified & Licensed Pedorthist, is the proprietor of Foot Solutions, a health and wellness franchise that focuses on foot care and proper shoe fit, located in the Trinity Plaza, West Bay Street, Nassau. Bahamas www.footsolutions.com/nassau "The views expressed are those of the author and does not necessarily represent those of Foot Solutions Incorporated or any of its subsidiary and/or affiliated companies. Please direct any questions or comments to email@example.com or 322-FOOT (3668). WOMAN P AGE 10B, TUESDA Y APRIL 12, 201 1 THE TRIBUNE What your feet say about your health cont'd B y B E R N A D E T T E G I B S O N FOOT SOLUTIONS tering to go to a holistic cen ter? That is a mystery to me. W h i l e i n G e r m a n y B o b M ar l ey cel eb r a te d h i s 3 6t h and fi nal bir thday. Whil e at th e c en ter in Ger man y Bo b r eceiv ed s uch tr eat men ts as e x er c ise o z o ne in je c t io ns v it a m i n s a n d t r a c e e l e m e n t s H ow e v er, as th e m on th s w e n t b y h e r e a l i s e d t h a t t h e s e treatments were not working and his cancer was terminal. TREATMENT What i s the t reatmen t for A d v a n c e d M a l i g n a n t Melanoma ? Ac c o rdi n g to th e Am e ri c an A c a d e m y o f D e r m a t o l o g y 2 01 0 "N o e f f ec t i v e t h e r a p y e x ist s at t hi s ti me fo r me ta st a t i c d i s e a s e t o t h e i n t e r n a l org ans" U ntil e ffec tiv e the ra p y i s d e v e l o p e d t h e f o c u s must remain on early detec tion and removal of the pri mary tumor or mole. A s hi s m e t as t at i c d i s e a s e p r o g r e s s e d B o b M a r l e y d e c i d e d t o d i e a t h o m e i n J a m ai c a T he g rou p c h a rt er ed a f l i g h t f o r t h e t r i p h o m e W h il e fl y in g h om e to J am a ic a his vital functions worsened, an d th e plan e wa s dire cte d to Florida. He was immediately a d m i t t e d t o C e d a r s o f Lebanon Hospital and died M ay 1 1, 19 81. Hi s wi f e an d mother were by his side. He was said to weigh a shocking 82lbs on the day he died. He r e ceiv ed a state funeral i n J a m a i c a M a y 2 1 1 9 8 1 w h i c h co m b i n e d E t h i o p i a n O rt h od o xy a nd Ras t af a r ia n tradi tion. He w a s burie d with h i s g u i ta r a s oc c e r b a l l a m a r i ju a n a b ud a ri n g a n d a B i b le C a n w e l e a rn a n y t h i ng f ro m the Bob Marley Story? Ye s, n o on e i s e x em p t f rom a C an c e r di a g no si s. M or eo v e r w e l e ar n th at t a ki ng ac t io n on an ything of c onc ern i s impe rative. S hoc ki ng s tatements w er e made at the time of his diag n o s i s b y a t o p R a st a f a r i a n th a t "Rasta can't get cancer, it is nothing but a Buck toe' and th e d oc t or d oe sn 't k no w w h a t he is talking about!" S t a t em en t s l ik e th i s h av e no place in today's world. A malignant melanoma canc er diagnosis must be taken seri ously and acted upon imme diately. The amputation of his toe w o u l d h a v e c e r t a i n l y p r o l o n g e d h i s li f e or e v e n sa v e d i t c om pl e te l y W e a l s o l e a r n th a t f o l l o w u p v i s i t s a r e a l s o important especially if one is di ag no se d wi th a ma li gn ant cancer. So me qu est io ns st il l re ma in about the Bob Marley story. W h y w a s h e g i v e n cl e a r ance to go "on tour" with an a d v a n c e m a l i g n a n t mel ano ma? Di d th e Doct or r e a l l y k n o w h i s c o n d i t i o n ? W e re a ny me d ic al te st s d o ne ? B l o o d x -r a y s e t c ? W a s h e w a s a medical specialist? Also ho w di d h e ma na g e to s u r v i v e s o l o n g w i t h a n advanced cancer? Was it his marijuana use? This is highly unlikely. Acc or ding t o studi e s i t i s di ff i c ul t to pr ed i c t o ut comes for individual patients w ith m elan oma. W e know he was a man of incredible sta mina and drive. Would the FDA approved drug Interferon have helped h i m ? T h i s i s t h e o n l y o n e ap pr o ved for Ad juva nt trea tm e n t o f m al i g n a nt me l a n o ma D e f i n i t e l y t h e a m p u t a t i o n w o u ld ha v e p ro lo n g e d h is l i fe L e t s s ay M r M a r l e y wa s diagnosed with an advanced mela noma on h is toe in 2 011; w ha t w ou ld h is tre at me nt b e? The treatment would be the same, amputation of the toe, may be even the foot, a nd the u se of a d j uv a n t t re a tm e n t a nd follow up v isits How ev er the f o c u s t h i s 2 0 1 1 i s s t i l l t h e sa m e e a rl y d e te c ti o n a nd sur gical excision of the primary tumor/mole. (Thi s ar ticle expresses the a uth or' s pe rs on al v ie ws o n w h at c au s ed t he d ea th o f Bo b Ma rle y ) D r C l e l a n d G o o d i n g M D F. A A D i s a p h ys ic i an w i th a s pec ial ty in Ski n Dis ea se s. He is employed by the Bahamas Gov e rn me n t. He is al s o a n As s oc i a te Lecturer at U.W.I. (Bahamas) In t h e D e r m a t o l og y D e pa r t m e n t and a member of the Voluntary Fa culty Depa r tme nt of Derma tology, University of Miami. E m a i l : C l e g o o d 5 @ h o t m a i l c o m D r o o l i n g a n d y o u r m o u t h h e a l t h B y A N D R E C L A R K E KEEPING YOUR MOUTH ALIVE FROM page 9B Bob Marley (A RA ) As a pa ren t, y ou re a l i se s h a ri n g a fa m i l y m e a l i s a n i m p o r t a n t w a y t o s p e n d time with your c hildr e n, but di d y ou k no w k id s al so re co gn i s e t h e i m p o r t a n ce o f t h i s ac t iv ity ? In te rest ing ly 82 pe r c en t of p a r e n t s f e e l c l o s e r to t h e i r k i d s an d 72 per c e nt of ki ds f eel closer to t he ir par e nt s when f a m i l i e s s i t d o w n t o g e t h e r f o r a qu al ity me a l, a c c ordi ng to t he rec e nt "S ha re th e Tab le Surv e y c o m m i s s i o n e d b y B a r i l l a a top It a l ian f ood c o mpany, an d Fa mil y C irc le m ag a z ine Th e surv e y e mph asi sed t he importanc e of the quali t y of m e a l t i m e fo r b o th p a r e n t s a n d ki ds. In fa c t, pa ren ts an d k id s w ho sha re hi gh -qu al ity me al s t o ge th e r r eg ar d l es s o f ho w o f t e n t h e y s h a re t h o s e m e a l s i n so m e in s ta n c e s, a re m o re l i ke ly t o be h ap pie r a nd f ee l the y po ssess spe c ifi c p osit iv e e motio na l an d soc ia l at trib ute s. "T his in nov ati ve r es ear ch sho we d u s th at k ids v al ue t he f a m i l y d i n n e r a s m u c h a s ad ult s do a nd th ey act ual ly a ppre c ia te th ei r pa ren ts m ore wh e n t he y t ak e t h e ti m e t o s h a r e a m e a l s a y s D r W i l l i a m J D oh e rt y, p ro fe ss or of fa m il y soc i al sc ie nc e a nd di rec to r of th e C it iz en Pro fessi on al Ce nte r at the U niv e rsity of Minn e s o t a a s w e l l a s a c o n t r i b u t o r to th e stud y. The se fin di ng s te ll us th at som et hin g a s simp le as e ve ryon e sit ti ng d ow n to ge t he r a nd ta lk ing a bo ut the ir da y ov e r a g ood me a l c a n stren gt he n t he b on ds be t wee n pa r en ts an d ki ds. P are nts a nd ki ds ag re e th at th e ke y i ng re d ie n ts fo r a hi g hqu al it y m e al in cl ud e l a ug hte r, relaxa t ion, c onvers a t ion and bein g toget her eating som ething eve r y one likes. Survey hi gh lig ht s i nc lu de : B oth p are nt s a nd ki ds a gre e tha t spe nd ing t ime to ge the r i s a t op pri ori ty a nd bo th w ish the y h ad mo re ti me to c on ne c t a nd sha rin g fa mi ly m ea ls is the m ost im po rtan t w a y fa mi lie s ca n do th is. Fa mi lie s tha t reg ul arl y sha re me a lti me h av e pa re nts w ho fe el h ap pi er an d le ss stre ssed an d ch il dre n wh o g et be tte r g ra de s, de ve lo p he a lth y ha bit s, an d fee l th ei r pa re nts are re la x ed a nd fu n to be aro und Me al tim e tog e the rne ss c on trib ute s m ore stro ng ly t o ki ds' w el l-b ei ng t ha n o the r c om mon a c tiv it ie s th at fa mi li es do to ge th er an d oth er a ct iv iti es c omp et ing f or kid s' ti me (sp orts, d an ce a rts, c lu bs) a nd y e t f am ily d in ne rs a re gi ve n aw a y to a cc o mm oda te t hose o the r a c ti vi tie s. We k no w ho w ha rd it is to a lw ay s g e t t he w ho le fa mi ly to ge the r f or din ne r, an d it' s g rea t t o see t ha t te e ns an d 't we e ns a pp rec i at e fam il y ti me j ust as mu ch a s m om s a nd da ds, say s Lind a Fe ars, e dit or-i n-c hi ef o f Fa m ily C i rc le "W e a lw a ys te ll ou r re ad e rs th at th e be st w a y to m ak e th e most o ut of me al ti me is to c he c k tec h nol og y a t th e do or, e ng ag e e ac h ot he r, ta ke t ime t o rel ax a nd e nj oy th e foo d. Do he rty o ffe rs som e a dv ic e fo r h ow p are nts c an m ak e sha rin g a me a l a reg ul ar, be ne fi ci al o c cu rren c e in th ei r ho me : Mi nim ise o utsi de a c tiv iti es th at in te rfere w i th fa mil y di nn ers. S tart sm al l, pe rha ps c ho osin g on e ni gh t a w e ek fo r a fa mi ly m ea l. Ma ke it spe c ia l an d start a dd ing d ay s fro m the re. If y our c hi ldre n le t yo u kno w th at th ey t hin k fa mi ly d inn ers are inc o nv eni en t an d b ori ng resi st t he te mp tat ion t o c a v e in. B a n TV an d o the r el ec tro nic me di a, e xc e pt ba c kg roun d musi c from fa m ily di nn ers. E nc o ura ge c o nv ersa tio n an d l au gh te r to b e the fo ca l po in t. Inv ol ve ch il dre n i n me al pl an ni ng a nd pre pa ra tio n. It' s a g rea t w ay f or p are nt s a nd ki ds to int era c t, a nd c an a lso he lp c hi ld ren le a rn he a lth y nut riti on a nd e ati ng h a b i t s Family meal tops vacations for family activities FAMILY VALUE: A new study shows kids value quality meals too.
WOMAN THE TRIBUNE TUESDA Y APRIL 12, 201 1, P AGE 1 1B By JEFFARAH GIBSON Tribune Features Writer W HAT'S more ridiculous than a padded bikini top for eightyear olds! T hi s was t he o u tcr y fr o m m an y mothers and women in the United St at es a fte r on e of Am e ric a 's la rg e st clothing retail chains, Abercrombie & F i t c h m a r k e t e d p a d d e d b i k i n i t o p s to gi rls a s y oun g as ei ght. In th e cu rr e n t s p r i n g l i n e f o r A b e r c r o m b i e Kids (a division of the fashion com pany specifically dedicated to 8-14 year olds) is the "Ashley" Push-Up Triangle a triangular-shaped biki ni top whic h come s c omplete w it h t hick pad din g fo r b rea st enh ancement. T h e g a r m e n t l e f t m a n y p e o p l e questioning the affect this can have on se lf est ee m an d sel f v a lue i n lit tle g i r l s d u r i n g t h e i r p r e a d o l e s c e n t s t a g e s H e r e i s w h a t a p a r e n t i n g ex pert, Dr Ja net Rose told FOX 411 P o p T a r ts c o l u m n. T h i s i s a p p a l l i n g If a parent buys a padded bikini for a n e ig ht ye ar old ch ildre n's serv ic es should be called! The sexualisation of t e ens is ba d enoug h a nd now this t re nd is t ri c kl i ng d ow n to o u r ba b ie s "I f w e c o nt in u e to try to m a ke ou r chi ld r en va lu e 's ex y' I s hu dd er to think what damage we are doing to their future self-concepts and adult v al ues. In th e lo ng run I fe a r w e a r e creati ng gi rls w h o w il l suf fer f rom l ow s e lf es t e em a nd al l t h e i s s ue s that go along with that." INAPPROPRIATE Dr J a n e t R ose i s no t t he on l y o ne w h o f e e ls st ro n g l y a g a i ns t t h e se x u a l i s a t i o n o f l i t t l e g i r l s B a h a m i a n w o m e n a n d m ot he rs a l so fe e l st ro ng l y a b ou t t he iss ue A li tt le g irl do e s no t ne e d b e i n m i ni sk i rt s o r w e a ri n g ba c k o ut sh i rts o r h o t p a n t s Th a t k i n d o f a t ti r e i s t o o g ro w n u p a n d se x y f or a c hi l d. W he n y ou dress yo ur da ughte r s and c hild re n l i k e t h a t t h e y b e g i n t o t h i n k t h e y a r e o n t h e sa m e l e v e l a s y o u I t m a k e s t h e m w o m a n i s h N e x t t h i n g y o u l o o k b o ys w a tc h in g t he m a n d lo ok i ng f or s e x I c o u l d s a y a l l o f t h i s b e c a u s e I a m a m ot he r o f th re e gi rl s a nd I w a tc h w h a t I p ut o n my d a ug h te rs be c a u se t he re a re so m e n as ty gu y s lo ok i ng to t a ke th ei r i nn oc e n c e a w a y "But as paren ts you s hou ld als o w a t c h y o ur a t ti re be c a us e y o ur ki ds ar e wat c h in g you I co uld te ll you b e c a use a s a m ot he r o f th re e g i rls I w atc h w hat I p ut on them be ca use t he re a re n a sty g uy s l oo ki n g to ste a l t h e i r i n n o c e n c e b u t a s t h e p a re n t y o u s h o u l d a l so w a t c h y ou r a t t i re b e c a u s e t h e y a re w a t c h i n g sa i d C a p r y i a B u r r o w s Runiq ue Will iams felt as tho ugh t h e p a d d e d b i k i n i t o p i s n o t s u i t a b l e o r ap p rop ri a te fo r l i ttl e gi rl s. T h e b i k i n i i s a l l r i g h t b u t t h e en tir e padd ing in t he bi kini t op is in a p p ro pr ia t e I s e e t he y a l so h a v e g strings for little girls too and that is h orr ibl e b ec aus e lit tle gir ls s hou ld not b e wea ring those kinds of c lothin g. I n the pageants the litt le girls wear g-strings, fake teeth, fake hair an d h e e ls I h av e a t w o y e a r ol d l it tl e c o us i n w h o p u ts o n li p g l o ss a n d e y e sh a d o w a n d s he c a n d o i t b e t t e r t h a n I do But the proble m is t hat a lot of y oun g gir l s ar e h avin g ba bie s an d t h e y w an t t h e m t o b e d r e s s ed u p because they believe they are sup posed to be dressed up like dolls," she said. D a s h a n i q ue P o i t ie r h a d t h i s t o s a y : "I definitely do feel that little girls should not wear hair weaves, short tops or even halter tops. You really have to blame the parents who go o u t a n d p u r c h a s e t h o s e k i n d s o f clothing and then they wonder why teenage pregnancy is so high. Chil dre n sh ould b e ch ildre n and p aren ts definitely need to stop trying to be f ri end s wi th th eir chi ldr en and b e pa re nt s. C hi ld ren h av e so ma ny o th er in flu ences be si des clot hi ng an d that's music, television so it's really what the parents allow." M a r i e M i l l e r s a i d t h a t p a r e n t s d r e s s i ng th eir d au ght er s i n t hi s t ype of c l ot hi ng c a n a tt ra c t th e w ron g at te n ti on to t he i r li tt le o ne s. I t c a n a t tr a c t th e w r o n g a t t e n t i on a n d w e a r i n g m a k e -u p i s a l s o a n o -n o P ar ent s may t hi nk it 's cut e bu t i n t h e l o n g r u n t h ey r e o n l y h u r t i n g their child. You have some parents who enco ur age t hei r d augh te rs t o prize being sexy and that can cause th e i r d au g h te r s to va l u e a p p e a ra n c e s o t h e r t h a n s e l f w o r t h a n d s e l f e s te e m B e i n g se x y i s s o m e t h i n g th a n children in that age bracket should not be focused on." H o w s e x y i s t o o s e x y f o r a l i t t l e g i r l ? The scientist she is, you go girl! AN O U T C R Y fr o m m a n y m o t he r s a nd wo m e n i n th e Un i te d St a t e s a f t e r o ne o f A m e ri c a s l a r ge s t c l ot h i ng re t a i l c h a i n s A b e rc ro m b i e & F i t c h m a rk e te d pa d d e d bi k i n i t o p s t o g i rl s a s y o un g a s e i g h t. By ALESHA CADET Tribune Features Reporter I T A L L S T A R T E D i n h e r y o u n g e r d a y s A s a c h i l d C l a i r e A ntoni a Bail ey-Mayer s wou ld c o llect cater pillar s jus t to watch them turn in to butte rflies. Whe n the li ttle cat er pi lla r got away s h e cr ied "I t was later foun d in it s p upal s tage, un der th e edge of t he dini ng t able. Th is ex p eri e nc e s pa rke d h er in te re st in science Mi s s M ayer s ex pl ain s th at af te r g r ad u at i n g f r o m th e Go v er n m en t High S c h ool and Queen' s College, s he wor ked f ull tim e for one year a t S t L uk e s L a b u n d er t he g ui d an ce o f t he lat e Ja net D e Bar r os S h e t he n l ef t t o s t ud y a t Ru t g er s U n i ve r s i t y w h er e s h e o b t ai n ed a BA degr ee i n B i ology with a mino r in C h emis tr y W i th t he love and help f rom h er pare nts Oa ze l an d V era Ba iley v ete r a n t e a c h e r s w h o c a m e f r o m J a m a i ca a n d t h e T u r k s & C a i c o s I sl ands Clair e land ed a p osi tion at I n t e r n a t i o n a l S p e c i a l t y P r o d u c t s ( I SP) an ind us tr ial l ab in Wayne, New Jers ey. The I SP globall y s uppl ies pr eser va tiv e s to the p erson al c are i ndu stry f o r a w i d e r a n g e o f a p p l i c a t i o n s These preserva t i ves prohibit microb ial gr o wth t hat co ul d p ot en ti al ly po se a health r isk to the c o nsu mer an d compr omis e pr oduct integr it y. "I p r ovi d ed t h e mi cr o bi ol ogi cal d a t a r e q u i r e d t o p r o v e t h a t I S P agen ts ar e able t o des tr oy succes sf u l l y o r i n h i b i t t h e g r o w t h o f mic rob es su ch a s ba c teria ye ast an d m o l d i n p e r s o n a l ca r e p r o d u ct s s he expl ained. S h e a l s o u s e d h e r t a x o n o m i c s ki lls to pr ovide t echni c al su ppo rt to c us to m e rs e x p e ri e n c in g mo l d c o n ta mi na tio n issu e s. The re qu ire m en ts o f c o s m e t i c p r e s e r v a t i o n c h a n g e c o n s t a n t l y d u e t o r eg u l at o r y a n d s a f e t y c o n c e r n s ; h o w e v e r t h e re se a rc h sc i e nt is t m u st e xp l or e a lt e rnative and preservative solutions to m eet th ese dem ands Cla ir e wen t o n t o co mp let e h er i ndepend ent res ear c h bas ed on th e dem an d fo r "g ree ne r pre serv ati ve s b y e va l u a t i ng t h e A n t im i c r o b i al A c t ivity o f Cymbopo g o n Citr atus S he pr es ent ed her f indi ngs dur in g a P o s t e r S e s s i o n a t I S P s 5 t h R es ea r ch and D eve lo pm en t Sy mp osi um held on Oct ober 25, 2010. S h e wa s l a t e r ap p o i n t e d a s t h e t ech nica l l ead s ci ent is t fo r Glo bal Ha rmon iz at ion of Pre serv ati ve E ffi c a cy T es t M e t h o d a n d w as s p o n s or ed by her comp any to tr avel to I SP Biochem a, M emmin gem Ge rm a n y i n M ay 2 01 0 t o co l l ab o r a t e wit h ot her microbi ologist s for completion of this project. For her suppor t w or k o n the Li qu aP ars (pre se rv at ive l ine ) C la ire re c eiv e d th e "IS P Mi llio n D oll ar C lu b" pla qu e i n S ep tember 20 07. She was pr omot ed t o S e n i or M ic ro bi o l og i s t a nd th e n Le a d Micr obio logis t. Wh i le wor k i ng fu l l t i me Cl ai r e c o m p l e t e d h e r M S c d e g r e e i n Mic r o biology at Seton Hall Univ ersit y, New Jers ey in 2003. H er thes is w a s e n t i t l e d : P o s s i b l e H e a l t h E f f e c t s o f I n d o o r M o l d E x p o s u r e A p a r t f r o m h e r s c i e n t i f i c c ar eer Clair e i s happil y mar ri ed t o Ler oy M ayers and th e y ar e par ents to f our childr en. On N ov em be r 1 5, 2 01 0 aft er thi rt e e n y e a rs a t I S P, C la i re w a s h i re d b y Reckitt Benckiser located in Mont v a le N ew J ers ey H er po sit io n the re is Resea r c h Associa te Microbiolo gy an d Vi r o l o gy i n R e s ea r c h a n d D e v e l o p m e n t S h a r e d S e r v i c e s G roup. R ec ki tt Be nc kise r i s a w orld l ea de r i n hou seh old he al th an d pe rsonal care products, owning global power brands such as Lysol,Dettol, W o o l i t e M u c i n e x a n d A i r w i c k a m o n g s t o t h e r s C l a i r e e v al u a t e s antimicrobial efficacy of Lysol and D et tol b ra nd p erso na l c ar e pro du ct s to support registration and claims. Know another talented lady s end us a n e mail at firstname.lastname@example.org t a nd s he could be the nex t "You Go G i r l The science behind it
T H E T R I B U N E SECTION B HEAL TH: Body and mind T U E S D A Y A P R I L 1 2 2 0 1 1 T he fifteen beautiful contestants vying for the Miss World Bahamas and Miss Bahamas Universe crowns competed in the Top Model of the Bahamas preliminary competition at the Compas Point Beach Resort on Sunday afternoon. The young lady who receives top marks in runway skills will go on to represent the Bahamas at next year's Top Model of the World competition. Pictured are some of the ladies strutting down the runway. Photos: Felipe Major C O N T E S T A N T S H I T T HE R U N W A Y
INSIDE Soccer in Grand Bahama TUESDAY, APRIL 12, 2011 THETRIBUNE SECTIONE By BRENT STUBBS Senior Sports Reporter email@example.com W ITH the IAAF World Championships as the major focus, coach Henry Rolle said the goal was to just allow the Bahamian connection at Auburn University to get through the indoor season without any injuries. On Saturday, Sheniqua Q Ferguson led the way for Auburn Tigers by opening her outdoor season with a victory in the womens 200 metres in 22.92 seconds at the FSU Seminole Invitational in Tallahassee, Florida. The time was posted as the second fastest so far in the NCAA ranks, trailing only Kimberlyn Duncan, a sophomore from LSU, who did 22.76 at the LSU O utdoor Invitational last weekend. Fergusons time is also listed at No.3 in the world. Only Duncan and fellow American Natasha Hastings sits in second with her time of 22.77 that was done in Gainesville, Florida last weekend as well. Not too far behind Ferguson on the list is St. Augustines College sprinter Anthonique Strachan, whose time of 23.17 at the BAAAs National High School Championships was not only the fastest for juniors, but is No.8 in the world. Although Tynia Gather did the same time as Strachan at a meet in Orlando, F lorida the same weekend, it is not listed in the worlds chart. I feel good. I was expecting to run fast, but not that fast, said Ferguson, who beat out a field that had two of her team-mates, including Bahamian Cache Sheniqua Q Ferguson opens outdoor season with victory B y RENALDO DORSETT Sports Reporter r firstname.lastname@example.org For the second consecu t ive year, one of the coun try's rising stars on the sidelines as a coach, plans to give back to the local bas k etball community specifi cally toward young female players. J urelle Nairn, in conjunc tion with the Bahamas Bas ketball Federation, will host t he 2nd Annual Ballin' by the Beach Girl's Basketball Clinic, June 29th over thes ummer holiday. Nairn will host the camp, which is free of charge for all participants, alongside fellow members of her Salisbury Seagulls coaching staff and players. Nairn and her group con ducted a three-day in June of 2010 which hosted scores of young female players at verying age groups. A former member of the Bahamas Basketball Federation's junior national team, Nairn is now serving as an assistant coach at Salisbury University, which is located in Wicomico County in Maryland. She brought along her head coach Charise Mapp and five of the Sea Gulls' players, Kylie Hall, Nicole Sisco, Meghan Dunn, KC Curran and Katie McGaha gan. They joined Bahamian counterparts Marvin Henfield, Mitch Johnson, Ter rance 'Red Eye' McSweeney, Dereck Cunningham and Anastacia Moultrie. "The camp was a success," said Nairn after she watched a srimmage game between some of the older members of the camp on the outdoor courts at the gym. "I think it was a great step towards the improvement of women of female basketball in the Bahamas. We had a great turnout with more than 80 campers in atten dance. So the word was out there and we had the num bers that we had expected. It was a great experience to have my team-mates come HELPING FEMALE B ASKETB ALL PLAYERS SEE page 4E SPORTS IN BRIEF THE New Providence Softball Association officially opened its 2011 season on Saturday night at the Baillou Hills Sporting Complex. But newly elected president Rom mel 'Fish' Knowles has announced that all games scheduled for tonight and Thusday have been called off. The NPSA will now resume play on Saturday with a double header. Here's the schedule for Saturday: 7:00pm Wildcats V. Scorpions (W 8:30pm DUH V. Buccaneers(M SOFTBALL NPSA SCHEDULE MORE than a dozen youngsters that are part of the Central Andros Youth Camp were given valuable advice on how to live their life while visiting the world famous Nygard Cay in Lyford Cay on Saturday for a day of fun. The children heard from various community leaders including from junkanoo Per cy Vola Francis, from sailing King Eric Gibson and Fast Eddie Dames from the Min istry of Youth Sports and Cul ture. The Central Andros Youth Camp is headed by former professional boxers James Killer Coackley and Ray Minus Jr. who also gave the boys and girls valuable advice and encouragement. Among other things, Francis urged the youngsters to exercise patience and make good decisions about the company they keep and the places they go. Dames encouraged other youngsters and parents nation-wide to get involved with the camp or similar organisations that help build good character in todays youth. He reminded them that the country is depending on them. The camp has partici pants and is active in seven islands in The Bahamas. King Eric told the youngsters that anyone can be a self-made king but first they must figure out what their purpose in life is and develop that. After taking in all the advice and motivation, the youngsters were treated to lunch on the beach before taking boat rides in Nygards mini leisure speed boat, play ing volleyball, basketball and lounging in the shade. Nygard was out of town on business, but prior to the event gave his blessings and wished all of the participants in the camp and the organisers future success. YOUNGSTERS GET ADVICE ONLIFE Bahamian leads way for Auburn Tigers by winning 200 THE Baptist Sports Council completed its 2011 Rev. Dr. David S. Johnson Basketball All-Star Classic on Satur day at the DW Davis Gymna sium. Now the BSC turns its attention on the post-season. The first best-three play offs for the mens division will begin tonight at 7:30 pm at the Baillou Hills Sporting Complex. Game two in the four series will be played on Thurs day. Both the 15-and-under and 19-and-under best-of-three playoffs will kick off on Satur day. At the conclusion of the All-Star games on Saturday, the BSC also staged a slam dunk and three-point shooting competition. In the Slam Dunk, Corey Walkes, representing Macedonia Baptist, walked through the field of six other competitors as he set the barri er from the first round with 360 BASKETBALL PLAYOFFS SEE page 4E HAVINGABALL: THE Filipino Association of the Bahamas (FABp leted its inaugural Invitational Cup o n Sunday at the Kendal Isaacs Gym nasium. FAB hosted a series of games in volleyball for men and women and basketball just for men for the past month, with the aim of boosting ties between the FAB com m unity and Bahamians. PHOTOS: Pages 2E and 3E A FAB WAY TOBUILDCOMMUNITYTIES SEE page 4E SHENIQUA Q FERGUSON DATES ANNOUNCED: The 2011 Sir Jack Hayward soccer camp in GB. n n SEE PAGE 4E
SPORTS P AGE 2E, TUESDA Y APRIL 12, 201 1 TRIBUNE SPOR TS T HE Filipino Association of the Bahamas (FAB) completed its inaugural Invita tional Cup on Sunday at the Kendal Isaacs Gymnasium. FAB hosted a series of games in volleyball for men and women and basketball just for men for the past month. The event was designed to provide some wholesome activities for mem bers of the FAB community to interact with the local community in the Bahamas. While invitations were sent out to other for eign nationals like the Chinese and Latinos as well as the various sporting organizations and schools, only Mt. Carmel Cavaliers took up the offer to participate. Mt. Carmel joined teams such as Bicolen, Cool Gurlz, Extreme, Inggadome and the Warriors in games that was played from March 6. All games were played on Sundays. FAB is hoping that now that they have estab lished the league, when they play their second season, the interest among the other nationals and local teams will increase. I N A U G U R A L F A B I N V I T A T I O N A L C U P C O M E S T O A C L O S E F I L I P I N O A S S O C I A T I O N O F T H E B A H A M A S I N V I T A T I O N A L C U P
SPORTS TRIBUNE SPOR TS TUESDA Y APRIL 12, 201 1, P AGE 3E F I L I P I N O A S S O C I A T I O N O F T H E B A H A M A S I N V I T A T I O N A L C U P
Freeport, The Bahamas Event organisers know they have a success on their hands when parents choose their vacat ion dates so they do not clash. So it is with Grand Bahamas biggest and best summer camp. T he Sir Jack Hayward Premier League Soccer Camp has become a premium fixture in the islands sporting calendar after seven successful years and organisers have been called about it since before Christmas. Each time they have been toldpeople need the dates because they dont want to leave the island for their summer break until after their children have had the chance to join in the fun. The dates this year are June 27 to July 1 inclusive the first full week after the last school closes for the long summer break and organisers are again expecting to enroll close o n 200 kids, many of them a ttendees in a number of previous years. They know what to expect a full week of skills development from really top quality professional UK coaches who take vacation on the island and share their knowledge with the kids at the same time, plus a bag of goodies which includes two full sets uniforms and a monogrammed camp t-shirt each. On top of that there is swimming, lunch, and morning and afternoon snacks every day. The Football Association, the sports governing body in the UK and a worldwide supporter of youth sport development, is again a major sponsor and it is three of their specialist youth coaches who will againb e helping local kids aged six to 16. Each of them is an outstand ing success in his chosen profession. One of them, Richard Shuffleton, has seen more than 20 of the youngsters he has coached in his four years with the FA go on to sign pro contracts. Richard is a total enthusiast about the sport.He said: Being a soccer coach, Im often asked what soccer means to me? Put simply, it is my life. Not just my life, but the lives of millions of people across the world. It is the biggest sport in the world, a universal language that has the power to unite a community, a city, a country! Every weekend, across the world, millions of children take to the fields to replicate the skills of their heroes, one day hoping to walk out on to the hallowed turf of the team they love. My job as a coach, and the reason I got into coaching in t he first place, is to try and make the dreams of these children a reality! If these dreams arent realised, it is hoped that these players will still have a lifelong experience in soccer, the worlds greatest sport. Richard has had connections with two leading professional clubs in the UK he was on the coaching staff of Sheffield United and currently spends his spare time helping the under-16 girls team at Middlesbroughs centre of excellence.He lives in Sheffield, home to the oldest club in the history of soccer. This will be the first time he has coached abroad but his two partners have both worked in the US, one on the West Coast and the other in New York State. The former is Steve Hardman, who is now based in s occer-mad Manchester.He has never worked at either of the citys two famous Premier League clubs but he has done stints with fellow EPL team Wigan and also with historic Preston North End. He cant wait to set foot on Bahamian soil. When told he h ad been selected for the team coming to Grand Bahama his reaction was: All I can say isWow.I feel so privileged to have been chosen. I am really looking forward to working with the children especially since they represent so many different nationalities. I have heard so many good things about previous camps Each year the camp entertains youngsters from around a dozen different countries with some of them traveling from abroad specially to attend, though around three quarters are normally Bahamian. This multinational aspect to the week is a very valuable part of the camps mix. Kids get a chance to meet others for the first time and make long friendships, said organiser Richard Malcolm. The third member of the coaching team is making a return visit.She is Sarah Green who visited in 2010 and was a popular trainer of the younger age groups. She will be the leader of the FA team this year and plans to take older children this June. The venue is again at the extended playing fields of Freeport Rugby and Football Club in Settlers Way with activ ities each day starting at 9am and finishing at 3pm. The $175 fee for the camp is fully-inclusive of coaching, swimming, food, and equipment. Rugby and football club president Rob Speller said: We are delighted to again play host to this exciting event.It is very much a high point of our year and it has been great to see how the camp has contributed to the growth of the sport among local kids. You only have to see the growth of the girls soccer league over recent years to see the impact. Around 250 girls signed up for the league, run by Mary Woodside and Donnie Knowles, in the season just finished growth of 70 year on year. Registration forms can be obtained from Town and Country, Yellow Pine Street, or Animale, Port Lucaya Market Place. They can also be downloaded from the clubs website www.rugbyfootballbahamas.com; www.BahamaIslandsInfo.com; and www.bahamasweekly.com Fur ther information can be had from email@example.com S PORTS P AGE 4E, TUESDAY, APRIL 12, 2011 TRIBUNE SPORTS to my country. I've been with them for the past two years, but they finally got a chance to see our culture and they had a good time getting a chance to share with our players." Nairn, however, said the camp is just one avenue for the development of women's basketball. "This is just a camp, but we need more leagues and more games played here," said Nairn, a former onetime coach at Queen's Col lege. We need the heads of both the private and govern ment schools to come together where these girls can play together and play more games because the girls in the United States play more than 30 games a season and we only play about ten here." FROM page 1B HELPING FEMALE BASKETBALL PLAYERS dunk and wasnt challenge the rest of the way. Walkes faced Steven Culm er of Golden Gates in the final, but his dunk over teammate Craig Bowe was enough to seal the deal. Culmer attempted a dunk from the side of the backboard, but was unable to successfully complete it. In the three-point shoot-out, it came down to Bowe, a memb er of Mcedonia mens team and young Givinane Bonaby from Agapes Full Gospel 15and-under team. When it was done, Givinane out-scored Bowe 7-5 to clinch the title. Heres a summary from the All-Star games: Vice President 40, Presi d ents 39: J emaine Bethel of Macedonia scored 12 points and Matthew Davis of Temple Fellowship added nine in the 15-and-under game. Travano Bain and Alvano Miller, both of St. Johns eight and seven respectively in the loss. Ladies President 13, Junior All-Stars 12: Candice Smith of Good Samaritan canned the game winning buzzer on the buzzer to help the BSCs AllStar beat the Junior All-Stars in the ladies encounter. Smith finished with five and both Valerie Nesbitt of Mt. Tabor and Thela Johnson, rep resenting St. Paul, had three each. Brittany Greenslade scored four for the Junior AllStars. Vice President 50, President 44: Kenneth Pratt of LatterDay Eagles scored 14 and both Trevor Smith and Karon Pratt of Macedonia had five each in the 19-and-under win. Ray Culmer and Michael Ferguson, both of Mt. Nebo, scored 11 and eight respectively in the loss. Officials 36, Coaches 35: Landran Gibson scored 11, including the winning basket and Ted Bain added seven in the win for the officials. Eddie Burrows and Geno Campbell, both of Temple Fel lowship, scored 12 and six in the loss. Mens Vice President 53, President 40: Macedonias Craig Bowe and Lemeko Forbes scored 12 and 10 respec tively to secure the mens victory. Penny Thompson of Latter-Day Eagles and Anthony Anderson of Golden Gates both had six in the loss. Tonights playoff schedule Court One 7 pm Temple Fellowship vs Christian Tabernacle (M No.1 vs Latter-Day (M Court two 7 pm Hope Cen ter vs Golden Gates No.2 (M 8 pm Evangelistic Center vs Macedonia No.2 (M Thursdays schedule Court One 7 pm Macedonia No.2 vs Evangelistic Center (M No.2 vs Hope Center (M Court two 7 pm Latter-Day vs Macedonia No.1 (M Christian Tabernacle vs Temple Fellowship (M FROM page 1E SPORTS IN BRIEF BASKETBALL PLAYOFFS Armbrister. who was fourth in 23.72. I just thank God that Im healthy and I was able to go out there and per form so well. Auburns Joanna Atkins got second in 23.28 and Marecia Pemberton of Florida State was third in 23.67. Ferguson, now in her senior year, said whatever God has plan for me, thats what Im going with. But she admitted that her goal is to run a personal best every time she competes this year. I want to get my time down to about 22.4 by the end of this season, said Fer guson, who currently holds a PR or 22.86. I feel good. I feel better than my indoor season, so Im looking forward to the rest of this year. Having missed the trip home last year for the Bahamas Association of Athletic Associations National Open Track and Field Championships last year, Ferguson said shes definitely looking for ward to competing at this years event at the Thomas A. Robinson Track and Field Stadium in June. I just want to come home and perform good and get ready for World Champs, said Ferguson, of the worlds top meet this year in Daegu, South Korea at the end of August. Also at the meet, Auburns Nivea Smith ran 11.57 for second in the womens 100m. The race was won by Pemberton in 11.20. VAlonee Robinson, a freshman at Auburn, was ninth in 12.00. And elite quarter-miler Michael Mathieu, competing unattached, won the mens 400m in 45.80. His nearest rival was Brandon OConnor, a sopho more of Florida State, was second in 46.97. Mathieus time is now listed at No.20 in the world. Bahamian Demetrius Pinder, a senior at Texas A&M, is sitting in the No.4 spot at 45.06. The worlds leading time is 44.65 by Rondell Bartholomew of Grenada in 44.65. While Mathieu is not a part of the Auburn connection, that also includes high jumper Donald Thomas and triple jumper Leevan Superman Sands, coach Rolle said he was pleased with the performances by the females. At indoors, we had about four weeks of bad weather, so I just made a decision early that we were not going to be com petitive because of the time we missed and didnt want to get anybody hurt, Rolle lamented. So we just decided to concentrate on the outdoors and the World Championships. This is a pretty good opener. In fact, this is the first time that Q has ran her first race in less than a tenth off her PR. Its a good sign, based on the amount of work that we have been doing. I think she will really run very fast this year. As for the other competitors, Rolle said Smith is geared up to run the 200 this weekend and hes confident that she should end up running just as fast or even faster than what Ferguson did. Shes in really good shape and its just a matter of her running herself into the shape that she is capable of getting into, he stressed. Last year, running 22.7, I think shes capable of running 22.5 or even faster. Armbrister, according to Rolle, is torn between the 200 and the 400 and she too will run the 200 again this weekend where hes hoping to see her dip down to about 23.0. Robinson, on the other hand, came into Auburn during the mid-sea son and Rolle said hes been trying to get to know her as a sprinter and adjust to college. But shes a great young lady, very talented and she will probably come around late in the season. So I expect her to run very well this summer. FROM page 1E Sheniqua Q Ferguson opens outdoor season with victory Dates announced for the 2011 Sir Jack Hayward Premier League Soccer Camp in Grand Bahama Brajaxba Tennis hosted its Short Court and Mini-Tennis Series 111 Tournament on Saturday at the National Tennis Center. The following results were posted: Mini-Tennis 6 & Under G roup A Group B D aniel Clivio 3-0 Jordan Wilson 3-0 D entry Mortimer Jr. 2-1 A zreal Donaldson 2-1 Teja 1 -2 Patrick Farquharson1-2 Tyler Fowler 0-3 A nisa Foxx0-3 Semi-finals Jordan Wilson def. Dentry Mortimer Jr. 11-3 Daniel Clivio def. Azreal Donaldson 11-5 F inals D aniel Clivio def. Jordon Wilson 8-11, 11-6, 11-9 S hort Court 8s Group AGroup BGroup C Tnajh Hinsey Ryan FarquharsonLuke Podlewski 3-03-03-0 Nova Knight Emma Weech Kyundra Meadows 2 -12-11-2 E than MauraStephan Farquharson Jostin Wilson 1 -21-21-2 Kishi KikivarakisGabrielle Donaldson Zayne Strachan 0-30-31-2R Semi-finals Ryan Farquharson def. Luke Podlewski 11-8 Tnajh Hinsey def. Emma Weech 11-5 Finals Tirnaj Hinsey def. Ryan Farquharson 11-8, 6-11, 11-9 Short Court 10s Tobi Orebanwo3-0 Dante Armbrister2-1Maya Weech 1-2 Gabriel Moultrie1-2 Derrick Adderley 0-3 Finals Dante Armbrister def. Tobi Orebanwo 4-2, 4-1 Boys 12s Group A Group B Kyle Rolle3-0 Jacobi Bain 2-0 Trenton Fowler2-1Daniel Razick1-1 Kendra Meadows 1-2John Webb0-2 Kyle Cash0-3 Semi-finals Jacobi Bain def. Trenton Fowler 4-0 Daniel Razick def. Kyle Rolle 54 Finals Jacobi Bain def. Daniel Razick 54(52 Girls 12s Group A Group B Sydney Clarke 2-0 Ashley Loibman3-0 TShea Ferguson 1-1 Loren Dixon 2-1 Andrell Burrows 0-2 Syndi Kerr 1-2 Tyler Strachan 0-3 Semi-finals Ashley Loibman def. TShea Ferguson 4-0 Sydney Clarke def. Loren Daxon 4-2 Finals Ashley Loibman def. Sydney Clarke 4-2, 2-4, 10-7 14 &Under Group A Group B Iesha Sheppard 3-0 Bradley Fowler 2-0 ONeal Mortimer 2-1Gabriella Donaldson 1-1 Cole Maura 1-2 Jade Bastian 0-2 Sammy Campbell 0-2 Semi-finals ONeal Mortimer def. Bradley Fowler 4-2 Iesha Sheppard def. Gabriella Donaldson 4-2 Finals Iesha Sheppard def. ONeal Mortimer 4-2, 4-2 DRIBBLINGSKILLS: Richard Shuffleton working with the kids in this photo from previous years. STARGUEST: Richard Shuffleton (foreground star Frank Lampard (centre BRAJAXBATENNIS: SHORT COURT, MINI-TENNIS SERIES111 TOURNEY ON THE BALL: Boys 12s Runnerup D aniel Razick attempting to hit over the shoulder back in championships match against Jacobi Bain. HIT PARADE: Ashley Loibman hitting winning forehand to capture Girls 12s singles title over Sydney Clarke in three sets.
SPORTS P AGE 8E, TUESDA Y APRIL 12, 201 1 TRIBUNE SPOR TS COMM ONWE AL TH B ank Gian ts' Jerem y Hu tch in so n soa r s th r o u gh th e b al l fo r th is attem pt at t he bask et in the NPBA men's championship series at the DW Davis Gymnasium on Saturday night R E A L D e a l S h o c k e r s G e o r g i a W a l k e s t r i e s t o g e t t h r o u f h t h e d e f e n s e o f C o m m o n w e a l t h B a n k G i a n t s R i c a r d o P i e r r e a n d J e r e m y H u t c h i n s o n i n g a m e t h r e e o f t h e N P B A m e n s c h a m [ p i o n s h i p s e r i e s o n S a t u r d a y n i g h t at the DW Davis Gymnasium. CO MM ON WE AL T H Ban k Gi an ts M i cj ae; B ai n g o es u p fo r a rev erse sl a m d un k o n Sa tu rd ay n i gh t i n g am e three of their NPBA's best-of-seven championship series. COMMONWEALTH Bank Giants' Raif Ferguson tries to avoid getting his ball stripe from behind by Real Deal Shockers' Carvin Cummings on Saturday night in the NPBA men's championship series at the DW Davis Gymnasium. COMMONWEALTH Bank Giants' Creto Knowles flies to the air in an attempt to block the shot by Real Deal Shockers' Sidney Hillary in game three of the NPBA men's championship series on Saturday night at the DW Davis Gymnasium. T H E N e w P r o v i d e n c e B a s ke tba ll A ss o ci a t io n wi l l c o n t i n u e i t s b e s t o f s e v e n c h a m pi o n s hi p t o n i g ht a t 8 p. m a t t he D W D a vi s G y mn a si um. Th e def en di ng ch a mpi o n s C o m m o n w e a l t h B a n k G i a n t s c o a c h e d b y Pe r ry T h o m ps o n a n d l e d b y M i c h a e l B a i n h o l d a 2 1 l e a d g o i n g i n t o t h e se ri e s a ga i n st th e R ea l D ea l Sh oc ke rs c o a c he d by J a me s P r i c e a n d l e d b y L o r e n z o C a r t e r Ga m e f i ve wi ll b e pl a ye d o n S a t u r d a y a t t h e s a m e t i m e G I A N T S G A I N 2 1 L E A D O V E R S H O C K E R S