A t a cost of $48.5 million, t he contract was awarded to Bahamas Hot Mix Co Ltd a nd Bahamas Marine Construction, which submitted their winning bid under a joint v enture partnership. The winn ing bid was said to be 5 per cent below the engineers estimate for construction. M r Ingraham said: The phases will result in enhanced entrance with parks and openg reen spaces leading from T hompson Blvd to the Sports Centre which will be linked to the Tonique Williams-Darling Highway along an enhanced Yellow Elder Way; a new road extending from a n ew round-about at the Government High School that will link the QE Sport Centre with the New Providence Highway n ow referred to as Bethel Avenue. An extension of Moss Road will link ThompsonB lvd and Blue Hill Road, while a new connector road will link Moss Road to the r ound-about at the Governm ent High School, he added. T he new road works, promised to have little to no i mpact on the present flow of traffic, will also establish new parking areas, drainage sys-t ems, and landscaping t hroughout the area. M r Ingraham said: These works will not only complement the operations of the new National Stadium and augment the development oft he Queen Elizabeth Sports Centre, they will also contribute to my governments g oal of transforming the land scape of New Providence and providing residents and visi-t ors with modern and reliable i nfrastructure and utility ser vices. It should not be lost on any of us that enhanced sport ing facilities hold considera ble potential for other and additional benefits to our country, namely the growth i n sports tourism; potential n ew revenue sources to the b enefit of sport and the increased opportunities for a dditional sports develop ment. SEE SPORTS SECTION L OCAL NEWS P AGE 2, THURSDAY, APRIL 21, 2011 THE TRIBUNE Your family deserves a break from the everyday. Book now for the upcoming Easter Holiday.Valid from Thursday, April 21 Monday, April 25, 2011.British Colonial Hilton Nassau No. 1 Bay Street, Nassau, The Bahamas Hilton Worldwide 2010.HAPPY EASTERFor room reservations contact 322.3301 For restaurant reservations contact 322.3301 ext 4045 For groups of 10 or more contact Group Sales Manager at 302.9032 Rooms available at $139.00 plus taxes per night based on double occupancy. Celebrate Easter Sunday Brunch in Aqua for $33.00 plus 15% gratuity per person. MINISTER OF PUBLIC WORKS and T ransport Neko G rant shakes t he hand of Ebbie Saidi, Managing Director of Bahamas Hot Mix, along with the CEO of B ahamas M arine Construction Jimmy Mosko. MINISTER OF ENVIRONMENT Earl Deveaux; Peter Andrews of Bahamas Hot Mix; Prime Minister Hubert Ingraham; Neko Grant, Minister of Public Works and Transport; Minister of Youth, Sports and Culture Charles Maynard and Minister of National Security Tommy Turnquest break ground yesterday. F elip Major / Tribune staff FROM page one Gr oundbreaking on Queen Elizabeth Sports Centre project
By DENISE MAYCOCK Tribune Freeport Reporter email@example.com FREEPORT Family members of Krishanna Shanna Higgs the young mother of two who disappeared in Janu-ary after travelling to Grand Bahama have turned to the Internet for help in locating the young woman. Rowena Poitier, an aunt who lives in Los Angeles, says the family is devastated over the disappearance of Krishanna. Her two-year-old daughter Ellie has been found safe and well. In an effort to expand their search and generate more interest in the case, the family has created an email address: They have also created a Facebook page called Find Shanna and Ellie, which was set up before Ellie was found. My heart is breaking, said the aunt. We just want her to come back home. We want to get the word out as much as possible and we want the public to send any information that might help us. It would also help if persons would post the Facebook pageon their page, said Mrs Poitier. Krishanna, 20, went missing on January 12 after traveling to Freeport from New Providence. She had moved to Nassau last year in search of a job and was staying with her mother, Krista Fox. Shannas two daughters Ellie, and a threeyear-old have different fathers. Mrs Poitier spent the Christmas holiday with her sister and niece in New Providence before returning to Los Angeles in January. That was the last time I saw my niece, Shanna, she said. There was nothing to indicateshe was unhappy and/or wanted t o leave. She was looking for work in New Providence. According to the mother, Krishannas former boyfriend Charles Fritzgerald, the father of Krishannas two-year-old, had sent her a ticket to come to Freeport. Mrs Poitier said the family b ecame very concerned after receiving a suspicious text message from Krishannas cel lular phone. The mother went to Freeport in search of Krishanna, but was unable to locate her. She filed a missing persons report with police on March 29. She learned that police had issued an all points bulletin for 25-year-old Charles Fritzgerald alias Gary Cooper of Freeport. Mrs Poitier said they received reports that Shanna and her two daughters were seen on January 12 in a dark blue-coloured Chevy Suburban. They were reportedly in the company of Fritzgeralds sister. According to the aunt, Krishannas three-year-old daughter was dropped off to her paternal grandmother in Bahamia that same day. Mrs Poitier said that was the last time Krishanna was seen. She said when last seen Krishanna was wearing a black fitted top with a gold design, dark blue jeans and gold healed sandals. She had shoulder length black hair. Messages The aunt said the family had received several text messages from Krishannas cellular phone between January and March. Her father had received a text message that Krishanna was going to Abaco to look fora job. On March 16, Shannas mother received a text message from Shannas cell phone saying that she was in the United States. It read: Funny you all around looking for me, you and my daddy and youll dont want me around. Everybody is where they are supposed to be Ellie with her daddy and I in the States doing me. They dont think that the text message was written by Kris hanna. That text raised red flags to the family because Shanna does not text using full words. It was very suspicious because Shanna shortens her words, the aunt said. Mrs Poitier said they attempted to make contact with Krishanna on March 20 by sending her a text message that her daughter was very ill. They said Krishanna never responded to the text. The aunt said the US Embassy has confirmed that Krishanna had not travelled to the United States. We know for a fact she is not in the US, she said. We feel that someone is trying to throw us off. We dont know what is going on, but something is really suspicious, she said. Mrs Poitier said they have also checked Shannas facebook page, but there has been no activity since January. Charles Fritzgerald is a friend on her Facebook and we learned that he has recently changed his location from Freeport to Kingston, Jamaica, said the aunt. Mrs Poitier said Krishannas mother e-mailed Charles Fritzgerald via Facebook on April 9 about her daughters whereabouts, but he has since deleted his Facebook account. ASP Loretta Mackey said officers of the Central Detective Unit are investigating Krishannas disappearance. She said police are appealing to anyone with information to contact the police at 911 or 352-9774/5 Mrs Poitier said that the family has been very proactive in assisting police with their investigations. I am sure the police are competent in doing what they can do, but a lot of time has past and we are hoping that persons can assist us in locating Krishanna, she said. LOCAL NEWS T HE TRIBUNE THURSDAY, APRIL 21, 2011, PAGE 3 MELVIN Maycock Sr was denied bail yesterdayon conspiracy charges in connection with a $1.6 million drug seizure. Maycock Sr, 45, of Stapeldon Gardens, Mario Roberts, 52, of Jerome Avenue, and Kevin Darville, 53, of Market Street, appeared before Deputy Chief Magistrate Carolita Bethell in Court 8, Bank Lane, on Monday. The three have been charged with two counts of conspiring to possess dan gerous drugs with intent to supply between Tuesday, April 12, and Friday, April 15. It is alleged that the men conspired to possess marijuana as well as hashish oil. All three have pleaded not guilty to the charges. Police reportedly seized 1,200lbs of marijua na and more than 400lbs of hashish oil a solvent extract of cannabis from a private residence on Blake Road shortly before midnight last Friday. Roberts was also arraigned on two counts of posses sion of dangerous drugs with intent to supply. He has pleaded not guilty to the charges. Roberts and Darville have been granted $50,000 bail with two sureties. Maycock Sr, however, has been remanded. The case was adjourned to July 29. Maycock Sr denied bail on conspiracy charges Aunt of missing woman aids search for Krishanna COUR T NEWS DISAPPEARED: Krishanna Shanna Higgs.
EDITOR, The Tribune. M ikhail Gorbachev once said, If not me, then who? If not now, then when? Who is this guy? Who is this newcomer? Who is this former Cabinet Minister? Who is this great business-m an? Who is this man that has started this party called DNA? Who does he think he is? These are questions that Bahamians are now asking. And for good reason. No one single person in recent Bahamian politics has aroused such a stir that is nowr unning wild on the lips of the Bahamian electorate in h omes, bars, churches, on the b us and at the Fish Fry. Bran the man, I hear them say. Is Branville McCartney the n emesis of the leaders of the P LP and the FNM? Will he be the reason that the Rt Honourable Hubert Ingraham and the Rt Honourable Perry Christie exit frontline politics? Will he be the reason t hat these great Bahamian m en are forced out of politics rather than bowing out gracefully? B ranville McCartney is not a career politician. He is a first time Member of Parliament. A nd this is what makes his c urrent profile appealing; a first time MP who has not been afraid to stand up for w hat he truly believes in. He is bipartisan to party, but he seems rather partisan to B ahamians at large. This has caught the eyes of many in the political divide that seeh is stance as an admirable lost art and as something that threatens the fraudulent sys tems currently in place. Is he t he Barack Obama of 2008 who fired up an entire nation? Mr Branville McCartney has been the epitome of whata Member of Parliament should be in the Bahamas. His programmes in the Bam b oo Town constituency have been unmatched and no doubt have positively influ-e nced his constituents. His approach has always been community first and he seems to be in tune with the issues that Bahamians face daily. There are too few MPs who employ the precision planninga nd work ethic that Mr McCartney puts into his constituency and this is one oft he reasons that Mr McCartney has been a beacon of hope in the eyes of many Bahamians. I do believe that Mr McCartney represents a growing Bahamian electorate who are now ready for a freshw ind and who believe its t ime for a change. I believe Mr McCartney represents those who believe hope is on the way. I believe Mr McCartney represents B ahamians who say it is too late for two straight. I believe he represents personsw ho are now calling for the empowerment of Bahamians in the real sense. I believe thatM r McCartney represents a h ope that many Bahamians feel has been absent from successive governments. W ill the DNA win the next general election? Will Mr McCartney even win his seat? It is too early for me to call. Will the DNA form the offi-c ial opposition? History is not on his side. But whatever happens, Mr McCartney must use these initial steps and trials as stepping stones. The old adage, Rome was not built in a day must be the DNAs t heme song. The time is ripe for change in the Bahamas and the Branville McCartney now finds himself as that change agent right in the middle of the upcoming fire storm. Who is Branville McCartney? Time will tell us sooner than wet hink. If not Branville now, then w ho? If not, 2012 then w hen? DEHAVILLAND M OSS N assau April 19, 2011 E DITORIAL/LETTERS TO THE EDITOR P AGE 4, THURSDAY, APRIL 21, 2011 THE TRIBUNE The Tribune Limited NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI Being Bound to Swear to The Dogmas of No Master LEON E. H. DUPUCH, Publisher/Editor 1903-1914 SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G., (Hon. Publisher/Editor 1919-1972 Contributing Editor 1972-1991 EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B. Publisher/Editor 1972Published Daily Monday to Saturday Shirley Street, P.O. Box N-3207, Nassau, Bahamas Insurance Management Building., P.O. F-485, Freeport, Grand Bahama W EBSITE www.tribune242.com updated daily at 2pm WASHINGTON An international research t eam is in the land of snow and ice, in search of soot. Though the Arctic is often pictured as a vast white wasteland, scientists believe a thin layer of soot, mostly invisible, is causing it to absorb more heat. They want to find out if that is the main reason for the recent rapid warming of the Arctic, which could have a long-term impact on the world's climate. Soot, or black carbon, is produced by auto and truck engines, aircraft emissions, burning forests and the use of woodor coal-burning stoves. "The Arctic serves as the air conditioner of the planet," explained Patricia Quinn of the National Oceanic and Atmospheric Administration, one of the research participants. Heat from other parts of the Earth moves to the Arctic in the circulating air and ocean water, and at least some of that warmth can radiate into space. At the same time, some of the incoming heat from the sun that tends to be absorbed in other locations is reflected by the ice and snow, which allows the polar regions to serve as cooling agents for the planet. That may be changing. In recent years, the Arctic has been warming more rapidly than other regions and, Quinn point ed out, the "warming of the Arctic has implica tions not just for polar bears, but for the entire planet." Cutting carbon dioxide and other greenhouse gases is the backbone of any effort to combat warming, both globally and within the Arctic, Quinn said. Studies indicate that cutting the concentration of short-lived pollutants, such as soot, will reduce the rate of warming in the Arctic faster than cuts in carbon dioxide and other greenhouse gases, which last far longer in the atmosphere, she said. "This is a buying-time approach." In February, the United Nations Environmental Programme urged cuts in soot emissions for a variety of reasons, including the threat to human health from inhaling it and the potential warming of the polar regions. Others also have raised concerns about pollution from soot. The Arctic Council, which represents the eight coun tries that border the Arctic, is deciding whether to seek reductions in soot from other nations and will be using data from the international research project in its deliberations. The research team includes scientists from Norway, Russia, Germany, Italy and China. They a re working from Svalbard, Norway, a group of nine mountainous, iceand snow-covered islands inside the Arctic Circle, about halfway between the northern tip of Norway and the North Pole. Once used for whaling, the islands are now home to seals, reindeer and Arctic foxes as well as about 2,000 people who make a living mining coal, hosting researchers and greeting hardy tourists. The scientists will track carbon's movement through the atmosphere, its deposit on snow and ice surfaces, and its effect on warming in the Arct ic. Two NOAA unmanned research aircraft will collect aerosol soot in the air, and a Norwegian craft will study the reflectivity of the surface. Researchers also will collect snow samples and send up balloons to study atmospheric chemistry. Soot warms the atmosphere by absorbing heat from the sun, explained Quinn, who works in NOAA's Pacific Marine Environmental Laboratory in Seattle, Washington. And while it may not be visible like a black scar on the snow surface, even a little soot can mean less energy is reflected. Tim Bates, co-leader of the NOAA contingent with Quinn, likened the process to wearing a black shirt on a sunny day. "If you want to be cooler, you would wear a light-coloured shirt that would reflect the sun's warmth." When carbon covers snow and ice, the radiation is absorbed and not reflected. The surface air temperature in the Arctic has increased about twice as fast as the global average rate during the past 100 years, Quinn said in an interview by e-mail. "Over the past 50 years, annual average surface air temperatures have increased from 2 to 3 degrees Celsius (3.6 to 5.4 degrees Fahrenheit) in Alaska and Siberia. The annual average temperature globally has increased by about 0.7 degree C (1.3 F period." That Arctic warming has resulted in an earlier spring melt, a longer melt season, and a decrease in sea ice extent, she said. That has raised concerns for polar bears, which depend on ice to hunt. The warming problem is compounded because, when the highly reflective snow and ice melt, the dark surfaces of land and ocean that were beneath absorb more heat, further heating the atmos phere. Jack Dibb, an atmospheric chemist at the University of New Hampshire, said he thinks soot's greatest effect in the Arctic is likely to be warming caused by the particles floating in the atmosphere. It may also reduce the reflectivity of the snow and ice enough to cause warming, but that is going to be harder to document, he said in a telephone interview. Either way, the research is important, Dibb said, because soot has a short life span in the air, so reducing it can have a faster effect than other efforts to slow climate change. Will the research lead to action? "I would hope," he said cautiously. There are a lot of con cerned parties, particularly in Europe, he said,n oting he recently attended a conference in St. Petersburg, Russia, where there were discussions of the soot produced by widespread forest fires in that country last summer. The Norway research will continue through mid-May. The teams then will spend months analyzing their data and report the results at scientific meetings and in journals. (This article was written by Randolph E. Schmid, AP Science Writer). McCartney, an agent of change LETTERS l firstname.lastname@example.org Soot may be key to rapid Arctic melt At Historic ST. MATTHEWS ANGLICAN CHURCHPalm Sunday 7 a.m. Mass & Passion; 10:30 a.m. Solemn High Mass & Passion; 7 p.m. Mission Service & Sermon Monday 7 p.m. Station of the Cross Tuesday 7 a.m. Mass 7 p.m. Service of Reconciliation Wednesday 6:30 a.m. Mass 1 p.m. Midday Mass Maundy Thursday 6 a.m. Mass 7 p.m. Solemn Sung Mass, Foot Washing & Watch Before the Altar of Repose Good Friday Liturgy 8 a.m. Three Hour Devotion 12:00 noon. Easter Sunday 6:00 a.m. Blessing of New Fire & First Mass of Easter 10:30 a.m. Second Mass of Easter 7 p.m. Solemn Evensong, Sermon & Benediction SERVICESChurch and Shirley Streets Tel: 323-8220 or 325-7010 Saintmat@coralwave.com St.Matthew.org.bs Fr. Crosley Walkine RectorNR36 63(&,$/ EDITOR, The Tribune. The anticipation that followed Branville McCartney since his resignation was waning, until his decision to go to Abaco to c heck the Prime Ministers pulse was made public. While many s aw it as a brash move for one so young in the political game; it is seen by political observers as superb. It is a brash move, but not in the context of him challenging Mr Ingraham. Mr McCartn ey may have successfully created the perception that he is now the de-facto Opposition leader or spokesman in the nation. There are similarities to the Pindling-Ingraham confrontationso f 20 years ago, when the then Prime Minister fell into a trap of h is own making, the Delivery Boy turned out to be a politi cally astute man who was able to stand toe-to-toe with one of the savviest politicians this nation has ever seen. It is not like-l y that Mr Ingraham will make the same mistake that his mentor made. However, the development of this scenario is entirely in the P rime Ministers hands. He can choose to ignore the young upstart or he can entertain him to the point where he is seen as a possible contender for the future leadership of the country. But the latter course will be detrimental for the current leader o f the Opposition if this confrontation gains traction in the eyes of the public. Popularity has a way of shifting allegiances in a country like ours, any country for that manner. Remember t hat Obama was just a blip on the political horizon before his speech at a DNC convention, forced the American public to confront the issues at hand. If Mr McCartney gains the tractiont hat he needs, it will force the Opposition to make some very quick adjustments. The addition of Cassius Stuart to what is already a deep line-up will result in a further shifting of the political spotlight, to the younger members of both major polit-i cal groups. Politics in the Bahamas is about to become a young mans game. Perhaps, this is the season that Bahamians have been waiting for, a season where many of the members coming to Parliament will be old enough to remember what the goals were for this Bahamas, but young enough to understand that they are heret o serve the generation that they find themselves in and a part of. EDWARD HUTCHESON Nassau, April 15, 2011. POLITICS IN BAHAMAS IS ABOUT TO BECOME A YOUNG MANS GAME
Y OU N G B aham ian w omen sw ept the w inner s boa rd of the 10th annual T exac o R oad Sa fety S peech C om pet iti on. G abri ell e B utl er, a K i ngsw ay Ac adem y H ig h School stude nt, em erge d as t he w inn er bea ting o u t e i g h t o t he r f i n a l is t s f o r a grand pri ze of $10, 000 in sc holarshi p f unds. W ith the w i n, M s B ut ler also becam e T exaco 's s pokesp erson for R oad S afet y. "I w ou ld lik e to thank G o d a n d C h e v r o n B a h a m a s f o r affo rding m e thi s oppor tunit y," s a i d Ms B u t l e r A n d t o m y com pet itor s, I w oul d lik e to say w e ar e al l w i nners ." C omi ng i n sec on d and third p l ac e w e r e Ke n re a Whi tf ie ld S a n S a l v a d o r C e n t r a l H i g h School a nd Q uetel C h arlt on, St F ra n cis d e S a le s, Aba co wh o took h om e sc hol ars hip pr iz es of $6,0 00 an d $3, 000, res pect ivel y. W i t h S t a y S a f e L o s e t h e D i s tr ac ti on s" a s i ts t he m e, th e c om p e t i t i o n w a s h e l d u n d e r t h e pa t r o n a g e of S i r A r t h u r F o ul k e s G o v e r n o r G e n e r a l o f t h e B a h a m a s a n d La d y F o u l k e s who a lso at ten de d. The e ven t to ok place on Satu rday, A p ril 16 at the Pe rfor mi ng A rt s C entre, C ol lege of the B aham as. T h e c o m p e t i t i o n w h i c h att ract ed 32 ch alle ngers dre w stud ents fr om sever al isl ands of the arch ipel ago. "C he vron B ah am as decide d to contr ibute to i mpr oving the s i t u a t i o n ( r o a d s a f e t y ) i n th e Ba ha m a s. Wh en se le ct in g th e f o r m o u r c o n t r i b u t i o n wo u l d t a k e i t w a s d e c i d e d t h a t a s p e e c h com pe tit ion f or hi gh sc hool s tude nts w ith su bstantial scho larship p rize s atta ched w oul d perm i t u s t o do tw o th in gs at on ce p romot e r oad sa fety an d con tri bute to yout h de velopm e nt," s a i d Ry a n Ba i n d is t r ic t s a l e s m a n a g e r C h e v r o n Ba h a m a s L t d O u r c o m p a n y p l e d g e d 1 0 y e a r s o f s u p p o r t f o r a p r o gram m e that w ould have three f o c a l p o i n t s A n n u a l l y t h e speec h com pet iti on them e and t h e p a r t i c i p a n t s s p e e c h e s emphasise some aspect of the pr o bl e m an d p ot e nt i a l s ol u t io n s. Such is t he cas e w it h thi s ye ar's s l o g a n D r i v e S a f e l y L o s e t he D i s t r a c t i o n s A s m o s t o f u s h a ve c o m e t o r e c o g n i s e c e r t a i n thoug htle ss or care less acti ons, e s p e c i a l l y t h e u s e o f m o b i l e p h o n e s a n d d e v i c e s s u c h a s I P o d s d i s t r a c t a l l t o o m a n y m o to ri s ts no w a da ys to th ei r co st a n d o u r s O u r c o m p a n y h a s w orke d t o pu t the spot ligh t o n the w i despr ead dam ag e cause d by im prope r us e of loc al r oads. W e al so p artne r w i th t he R oa d T ra ffic D epa rtm ent in its pro g r a m me t o t e a c h p r o p e r a n d res pectf ul roa d u se thro ugh its Y outh Forum M r B a i n s a i d t h a t i t w a s i m po r ta n t t o i nv ol v e y ou ng pe ople as s pokes person s. H e note d that the y w ere and s til l ar e th e gr oup m o st a ffec ted by t raffi c ac ci dent s a nd th e bes t p eopl e t o ca rr y t he m e ss ag e of roa d s af et y to thei r pe ers. "A s far as t he com p any w as c o nc e rn e d t h er e wer e h a rd ly an y s ub j ec ts m o re w or t hy of our c ommun it y as si st an ce d ol la rs Wh en it co m e s t o c ommun ity c o n t r i b u t i o n s C h e v r o n h a s alw a ys a cted on the beli ef that w e should t reat them w it h t he sam e resp ect and com m itm ent as w e w ould give t o any im portant com pa ny inv estm en t," Mr B ain sai d. T h e com pet it ion 's s em i -f in als w ere held at th e B ritish C o l o nia l H il ton H otel on T hur sday, A pril 14 N ine stude nts w ere selected t o c o m p e t e i n t he f i n a l s : J u l i a n n e C o a k l e y C R W a l k e r H i g h S c h o o l ; Q u i t e l C h a r l t o n S t F r a n ci s de Sales H i gh School ; D 'ae s h a R a h m i n g S t A u g u s t i n e s C o l l e g e ; G a b r i e l l a B u t l e r ,Kin gs w a y Ac ad emy; N a tas ha S i m o n C R W a l k e r H i g h S c h o ol ; Ra s h a d He p b u r n ,CR Wa l k er H igh Sc hool; Ant onio Pau l, St. John 's C ol leg e; Fel ici a R om er, SC B oo tle H i gh Sc hool, A baco, and K enr ea W hitf iel d, San Sal vado r C en tral H igh Scho ol. T he c om pe ti ti o n al so br ou gh t out a bevy o f for m er w in ners a t Chev ro n Bah amas in vit ati on T hey i n cl u ded: attorney Shant ar r a Da vi s wh o was t h e fi r st wi n n e r o f t h e c o m p e t i t i o n i n 200 2. M s D a v i s s e r v e d o n t h e j u d g e s p a n e l Th e o t h e r j u d g e s we r e : Dr M a rjo ri e B r ooks -J one s, cha ir o f th e School of E ngl ish St udies a t C O B ; At la nti s seni or V P St uar t B ow e; a nd Sc otia bank m arket i n g a n d P R s e n i or m a n a g e r L e a h D a v i s Gi v i n g t h e v o t e o f t h a n k s C h evr on fi nan ci al of fi cer M ic ah L und y-H epbu rn ack now ledg ed th e com pany 's gra tit ude to c os p on s o r s H i g gs a n d J o hn s o n a n d S c o ti a b a n k th e Ro a d Tr a f f ic Dep a rt men t J u ni o r A ch ie v em e nt an d T o as t m as te r s I nt er na t i o n a l e s p e c i a l l y D i v i s i o n I G ove rnor D em ekas Fost er and D u qu es a D e an w ho, al on g w it h D a m i e n M i l l e r c h a i r e d t h e e v e n t Am o n g th os e mak in g va l ua b l e c o n t r i b u t i o n s w e r e Ba h a ma s a i r Br i ti s h C o lo n i a l H i lton H otel and W ill iam son' s T o u r s LOCAL NEWS THE TRIBUNE THURSDA Y APRIL 21, 201 1, P AGE 5 G ab r i e l l e B u t l e r wi n s 1 0t h An n u a l T ex a c o R o ad S af et y S p e ec h C o m p et i t i o n FINA LIS TS: P ict ured at t h e Fi n al s o f the Texaco Road S afety S pe ech Competi ti on are fr o m l eft: Demakus Fo st e r G ov er no r, D i vi s i on I ; A n t oi n et t e Fox C hi ef Ju dge ; K a re n M or t i m er R oa d S a f et y O f f i ce r ; K en re a W hi t fi e l d, San Salvado r C en t ral Hi g h, 2nd P lace f inisher; H. E S ir A rthur F oulkes, Govern or General; G ab ri ell e B utl er, Ki ngsway A cademy, 1st P l ace Winner ; Q u i t el C harl t o n, St Franci s de Sal es, 3rd Pl ace f ini sher; V alti o C o oper, 20 10 20 11T exaco R o ad Safety S p okes person ; Ryan B ain, Di stri c t S ales Man ager, Wes t ern Caribbean, Bahamas, Cayman Islands, Turks & Caicos. W I N N E R : G a b r i e l l e B u t l e r Kin g s wa y Ac a d em y win n e r o f th e 1 0 th An n u a l T e x a c o R o a d S a f e t y S p e e c h C o n t e s t a n d 2011-2012 Texaco Road Safety Spokesperson.
THE police's Southwest e r n D i v i s i o n a l D e t e c t i v e Unit is asking for the pub l ic 's a s s is ta n c e i n l o c at i n g s e v e n m e n i n c o n n e c t i o n with housebreaking allega t i o n s i n t h e C a r m i c h a e l Road area. 2 2 y e a r o l d D e n a r d o Pa tri c McPhe e of Eli z a beth Estates, described as being of dark brown complexion; 5' 10" sli m bui ld and wei ghing about 130lbs. 3 4 y ea r ol d Ta m a r o J e rmain e Culme r of E mera ld G a r d e n s o f f S t V i n c e n t Road, is described as being of m edium br own compl exion; 5'7", average build and we ig hing abou t 16 0 pou nds. 2 6 y e a r o l d D e n n i s Andr ew Rolle Jr o f M i llenium Gardens is described as being of dark b r o w n c o m p l e x i o n a n d average build. 2 6 y e ar ol d O m a r J a v on Clarke of Charles Saunders H i g h w a y i s d e s c r i b e d a s b eing o f dar k b ro wn c o mplexion; 6'1", average build a n d w e i g h i n g a b o u t 1 8 0 pounds. 2 1 y e a r o l d H a s t i n g M c Q u e e n o f G e r a l d B a r t l e t t Es t at e s i s de scr i be d a s be i ng of dark brown complexion, 5 6 s l i m b u i l d a nd w e i g h i n g about 130 pounds. 18-year-old Otis Light b o u r n e o f K e m p R o a d i s des cribed as being of dark b r o w n c o m p l e x i o n 5 9 average build and weighing about 150 pounds. 1 8 y e a r o l d C l e o p h a s Smith of Ridgeland Park is des cribed as being of dark b r o w n c o m p l e x i o n 5 7 average build and weighing about 150 pounds. An yo ne w i th i nf or m at i o n that may lead police to the wh er eabo ut s of th ese men i s a s k e d t o c o n t a c t e m e r gency dispatchers on 91 9 or 322-3333; the Southwestern D iv is i o n a l De t e c t iv e U n i t on 3610480/1 361-0478 or 3 6 1 0 3 0 6 ; t h e C e nt ra l D e t e ct i v e U n it o n 5 0 2 9 9 9 1 o r C r i m e S t o p p e r s o n 3 2 8 TIPS. LOCAL NEWS P AGE 6, THURSDA Y APRIL 21, 201 1 THE TRIBUNE P O L I CE m ad e 24 ar r es t s wi th i n a s i ng le d ay o n T u es d a y a s t h e f o r c e s c r a c k d own o n cr im e con t in u es M e a n w h i l e a n o t h e r t w o p er s on s a r e i n ho s p it al a s a r e s u l t o f v i o l e n t i n c i d e n t s t h a t o c c u r r e d o n t h e s a m e d a y T h e a r r e s t s i n c l u d e d 1 1 m e n o n o u t s t a n d i n g w a r r an t s t hr e e me n i n co nn ect io n wi t h ve hi cl e t he f t, a n d t wo m en in co nn ec ti on wi t h f r au d al le gat i on s I n d i v i d u a l a r r e s t s w e r e m a d e i n c o n n e c t i o n w i t h each of t he f o ll owi ng a ll egat i o n s : a s s au lt w it h a d ead l y w e a p o n s t ea li n g d ea th th r ea ts ca us i n g h ar m ca us i n g d am ag e I n ad d it i o n, t h r ee p e op l e t w o m e n an d a w o m an wer e ar r es t e d i n co nn ec ti o n wi th a n ar c ot ic s s e izu r e. A l s o o n T u e s d a y a 4 8 y e a r o l d w o m a n h a d t o b e r us h ed to ho s pi t al j us t af t er 9a m, af t er s h e wa s s t r uck b y a car o n P r in ce Ch ar l es D r iv e j u s t i n f r o n t o f t h e S e a Gr a pe S h op pi ng P l aza Polic e are tre ati ng th e in ci dent as a cas e of as sau lt wit h a d ea dl y w eap o n, an d h av e taken a 4 1-year-old man int o cu s to d y f o r q u es t io ni n g. T h e wo m a n i s s a i d t o b e in s ta bl e co nd it i on L a ter that da y, pol ice we r e c a l l e d t o t h e s c e n e o f a s h o o t i n g i n U n i o n V i l l a g e o ff Wul f f Ro ad T h e vi ct im a 20 -y ea r -o l d man, i s in stab le condit ion i n hospit a l aft e r being s hot outsid e h is h ome a t aro un d 4 pm. H e t ol d p ol ice th at he was s t a n d i n g o u t s i d e t h e f r o n t d o o r w h e n h e h e a r d g u n s h o t s a n d s a w p e o p l e r u n n i n g The v ic ti m sa id t hat he wa s a b o u t t o s t a r t r u n n i n g a s w e l l w h e n h e w a s ap pr o ac he d b y a ma n wit h a h a n d g u n a n d s h o t i n t h e p e l v i s P ol ice are a s king members o f th e pu bl i c wh o ma y h av e a n y i n f o r m a t i o n r e g a r d i n g thi s i nc ide nt to c onta c t eme rg enc y di s p atc hers on 9 19 ; the N o r t h e a s t e r n D i v i s i o n o n 3 9 4 4 5 4 0 / 1 o r C r i m e S t o p p er s a t 32 8T I P S. police NEWS S e v e n m e n s o u g h t i n c o n n e c t i o n w i t h h o u s e b r e a k i n g a l l e g a t i o n s D e nard o Pa tric Mc P hee Tam a ro J erm ain e Cu lme r D ennis A ndre w R olle J r O ma r J av on C lark e H as ting M c Q uee n O tis Lightb ourn e C leop has Sm ith
LOCAL NEWS T HE TRIBUNE THURSDAY, APRIL 21, 2011, PAGE 7 FREEPORT This Friday is Earth Day, and in celebration, the Keep Grand Bahama Clean committee is participating in several events on the island. Activities began with a special presentation to East End students, discussions with members of the Bahamas National Trust (BNT Rand Nature Centre, and the re-erection of KGBC signage around the city. As we draw near to Earth Day, our constant goal now is to encourage the celebration of Earth Day, Every Day, explained KGBC-chairperson Nakira Wilchcombe. This years theme, One billion acts of green, indicates there is something we all can do as it is everyones responsibility. Excited youngsters from the Sweetings Cay, McLeans Town, High Rock and Freetown primary schools gathered in High Rock for a special visit by the KGBC committee. The children viewed a vivid slide presentation displaying ugly scenes of litter on the beautiful beaches they call home. Then, the popular KGBC puppets drove the message home in their usual lively and informative manner, which wasa hit with the children. According to Ms Wilchcombe, such visits are a part of the committees new thrust. She explained that initially, much emphasis was placed on major clean-ups in various areas, but after noticing very little participation and interest from residents, they made adjustments. Our approach now revolves around the children, tomorrows leaders. In our efforts we have sought to teach the teachable, she said. To this end, they have become innovative in their methods, employing school visits, art and music competitions, puppet shows and joint ventures with partners like Presto Recycling and the Bahamas National Trust (BNT ment recycling programmes in schools. KEEP GRAND BAHAMA CLEAN COMMITTEE TO CELEBRATE EARTH DAY EARTH DAY FUN at the Rand Nature Centre was enjoyed by many of the islands youngsters. Pictured are some of the participating organisations including the Keep Grand Bahama Clean committee, the Bahamas National Trust, Paint Fair and Presto Recycling.
ELEUTHERA More than one million US television viewers will be exposed to the wonders of Eleuthera w hen the television movie, T he Glass Window, is broadcast over the Easter weekend. The Glass Window, which takes its name from E leutheras famous Glass Window Bridge, is airing on various network affiliates in m ore than 30 US markets. T he film boosts Eleutheras r eputation as a film location a nd a tourism destination, i n part, because it calls the i sland by name in several instances. Rev Tim Paskert of Hannah Rose Productions, the movies producers, said he was divinely led to film scenes of the movie in E leuthera. He pointed out t hat he developed a love for the island and its people. In t he end, his decision to film i n Eleuthera and refer to it i n the script was based on the fact that he was proud to recommend the islanda nd its residents to his audiences. My sincere hope is that you are going to find a bunch of people finding their way here because of this movie, he said while a ttending a special screening o f the movie in Eleuthera on Saturday. Angela Archer, senior m anager of the Bahamas Film and Television Commission, said The Glass Windows several referencest o Eleuthera has tremendous promotional value for the island. The value of that mention of Eleuthera is enorm ous, she said. It is somet hing that we could not really put a dollar figure to. It is something that if the Ministry of Tourism had to pay for to have that advertising v alue, we wouldnt be able to pay for it. It translates into millions of dollars in a dvertising. T he producers willingn ess to name Eleuthera on f ilm also supports the Mini stry of Tourism & Aviat ions overall marketing strategy, Ms Archer said. The strategy aims to call attention to 16 major islands and island groups in the Bahamas, promoting each as a distinct destination for t ravellers. We are trying to differentiate the islands, she s aid. So the fact that we w ere able to mention E leuthera specifically was a great plus. As the movie airs in sev e ral US cities, the Bahamas will also get direct advertising benefits. Hannah Rose Productions has reserved three advertising slots for the Ministry of Tourism and Aviation for each broadcast i n every city. The advertisi ng comes at no cost to the ministry. Next, Hannah Rose Pro d uctions plans to have the movie shown around the world. In this process, it will be translated into severall anguages. L OCAL NEWS PAGE 8, THURSDAY, APRIL 21, 2011 THE TRIBUNE Love your car? Pay less for great cover with NIBA!Y ou will pay much less if you insure your car with NIBA. Y ou can enjoy extra benefits too! S AVE $$$! Low premiums 1 00% NCD protection L ow deductibles,fast claims service G enerous liability coverPay less for insuring your car! Tel.Nassau 677-6422 Freeport 352-6422 or visit www.nibaquote.com NASSAU INSURANCE BROKERS AND AGENTS LIMITED A tlantic 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.com Open Saturdays10.00am-2.00pm THE CANCER SOCIETY in Eleuthera benefited from the special screening of The Glass Window in Eleuthera at the weekend. Cancer Society representatives are pictured receiving a donation from Hannah Rose Productions and the Bahamas Tourist Office. Pictured (from left Jackie Gibson of the Cancer Society, Sheree Cooper, whose late husband worked on the film; Juanita Pinder of the Cancer Society, Rev Tim Paskert of Hannah Rose Productions and Susan Culmer of the Cancer Society. Movie set to provide millions of viewers with window to Eleuthera
LOCAL NEWS T HE TRIBUNE THURSDAY, APRIL 21, 2011, PAGE 9 Break away from the ordinary and discover how to experience life to the fullest. The Isuzu D-MAX is the ultimate multi-purpose pick-up truck which enables you to drive through tough roadsand load a variety of cargoes. It is specially designed to be powerful, stylish and highly functional. The Isuzu D-MAX is one toughvehicle that willnever let you down!T H E I S U Z U D M A XPOWERFUL COMFORTABLE VERSATILE T YREFLEX S T AR MO TORSCall us today for your new IsuzuD-MAX Pick-UpTruck at 325.4961Wulff Road, P.O. Box N 9123, Nassau, The Bahamas Fax: 323.4667 E CLEMENT Bethel National Arts Festival officials continued on their journey through Abaco, visiting Spring Point to judge the musical and artistic talents of the James A Pinder Primary School students. Photos: Eric Rose /BIS ARTS FESTIVAL OFFICIALS JUDGE TALENTS OF JAMES A PINDER PRIMARY STUDENTS A BOVE: S tudents perform a dance routine during the E Clement B ethel National Arts Festival adjudications in Spring Point. They r eceived an 86 for their performance, earning a "Merit" certification. L EFT: S tudents Alisha Greene (left duet during the E Clement Bethel National Arts Festival adjudicat ions in Spring Point. BELOW: E Clement Bethel National Arts Festival Dance adjudicator L awrence Carroll shows James A Pinder Primary School students how to perform a move during the Festival's adjudications in Spring Point.
ta Allan in March 2006 after he was found guilty of the 2002 murder of 16-year-oldD onnell Conover. This judgment was given just days following the Privy Councils ruling that the mandatory death sentence in The Bahamas is unconstitutional. In previous rulings, the Privy Council has overturned d eath sentences on the grounds that the extended length of time on death row was "cruel, inhumane and degrading." The high court instituted a five-year limit on the time within which a condemned prisoner must be executed. As debate rages in the Bahamas over whether the death penalty should be carried out, attorney Paul Moss believes it is likely the Privy C ouncil will overturn Tidos death sentence. The death penalty was abolished in Great Britain in 1969, with Northern Ireland following suit in 1973, and so it is unlikely the Privy Council will support it, said Mr Moss. According to attorney Murrio Ducille, while the death penalty is still on the books, there are procedures that must be followed and courts in commonwealth countries in the Caribbean have been steering away from the death penalty. Mr Ducille said the death penalty is only given when there is no avenue of rehabilitation, and in the event that the convicted person has been on death row over the fiveyear period it is likely the sentence will be overturned. Ms Conovers body was discovered partially burnt and battered off Cowpen Road in May, 2002. The cause of death was severe blunt force trauma to the head. In 2008, the Court of Appeal dismissed Tidos first appeal, upholding his murder conviction and death sentence. In 2009, the Minister of National Security Tommy Turnquest had advised the Governor General that the case was "not an appropriate one" for the Prerogative of Mercy to be exercised and that the law should take its course. He was unable to proceed with the reading of the death warrant as Tido's legal team had been instructed to appeal the conviction and death sentence before the Privy Council. The matter is still under review. LOCAL NEWS T HE TRIBUNE THURSDAY, APRIL 21, 2011, PAGE 11 m onth period. Of this number over 2,000 c riminal migrants were returned to the Caribbean region. Superintendent Leon Bethel, officerin-charge of the Central Detective Unit, said the repatriation of criminals to theirc ountry of origin has been a practice for some time, adding that officials had a policy in place to monitor them once they are back on Bahamian soil. He said: "Most or all of them who were deported would have been involved in criminal activity they have either c ompleted their sentence or got an early release and deported back to the Bahamas. We are advised of all of the persons before they are deported. We have a p rofile on all of them. In terms of how we monitor them I cannot speak on that now, we would not want to give that up b ut we know of a number of persons that w e have received in the Bahamas. We know when the arrangement is made, when they get here and have something i n place before they arrive to ensure we know when they come in. We have documentation on them." H e also denied claims that the return o f the deportees may have contributed to a crimewave in the last few months, explaining that the process has beeno perating for a long time. "They have been trickling in for a number of years. This has not just start e d, there are a number of persons who w ere deported here over the years. "The police don't worry about them. The only thing the police are concerned about is public safety. If someone is a Bahamian or had some Bahamian status and they were out of the jurisdictiona nd they are deported back here, they are Bahamian, so we have to accept them. So we cannot be worrying about Bahamians," said Mr Bethel. The ICE report also revealed that in t he Caribbean, the Dominican Republic r eceived the most criminal deportees in the time period, 1,066, with Jamaica and Trinidad receiving 528 and 125 respec t ively. The report also noted that for the s pecified time period, 50 criminals were sent back to Aruba, 31 to Haiti, 20 to Cuba, 11 to Barbados and 10 to Domini c a. Maxo Tido FROM page one By NATARIO McKENZIE Tribune Staff Reporter n email@example.com F ORTY-FOUR Dominican fishermen have been fined for poaching in Bahamian waters. The men were arraigned before Deputy Chief Magistrate Carolita Bethell in Court 8, Bank Lane Tuesday afternoon on a list of Bahamian fisheries violations. Francisco Delva, 39, Juan Rodriguez, 35, Linbert Parra, 44, Serjio Alcantra, 33 William Severi-no,40, Rafael Cabrena, 45, Alturo L opez, 48, Thomas Polanco, 37, D ionicio Fermin, 34, Yoel Cabrena, 24, Magaritio Martinez, 32, Gregoria Peralta,18, Rafael Siriacio, 29, Jose Seballo, 29, Carlos Almonte,19, Juan Johnson, 33, Hilario Alcala, 35, Hector GilE stebe, 34, Carlos Enriquez, 34, J orge Montero, Andre Garcia, 44 and Virgilio Alverez were the crew of a boat named Mr Manny which was intercepted near Ragged Island. T he men were arrested on Satu rday, April 9, for illegal foreign f ishing, possession of a prohibited a pparatus namely a spear gun, poss ession of undersized crawfish and grouper. The men were found in possession of 40 pounds of undersized crawfish, 41 pounds of undersized grouper, 740 pounds of parrot fisha nd 606 pounds of crawfish tails. P arra, the captain of the boat was fined $50,000 or a year in jail. Severino, Fermin and Alvarez were each fined $2,500 or a year in jail based on the fact that they werec onvicted of similar offences before. T he other crew members were f ined $500 or six months in jail. T wenty-two other Dominican f ishermen were also arraigned before Deputy Chief Magistrate Carolita Bethell on similar charges. Luis Alberto Mercedes, 30, Jose Patista, 31, Juan Reye, 34, Yobani Lopez, 28, Edi Reye, 27, JairoG racequi, 30, Miguel Acara, 30, S andi Jir, 32, Jose Pena, 39. Fernando Cueba, 37, Wilton Mendez, 35, Rosario Varga, 27, Cesar Cabrera, 50, Radames Usebio, 35, Willy Vasquel, 27, UllaaN unez, 24, Francisco Garcia R oudon, 37, Antonio Gomez, 38, M iguel Santana, 47, Jose Bulgo, 25, a nd Cadino Ruiz, 44 were all arreste d onboard a vessel named Mr Jessi which was intercepted near Cistern Point, Andros. They were found in possession of 30 pounds of undersized crawfish, 30 pounds of undersized grouper,s ix spear guns, nine air compress ors, 642 pounds of assorted scale fish, 528 pounds of crawfish tails and 730 pounds of whole crawfish. Mercedes was fined $50,000 or a year in jail. H is crew members were all fined $ 500 or a year in jail. FROM page one USdeports 65 Forty-four Dominican fishermen fined for poaching
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S gt George Martin, Fire S ervices, said: We have two u nits in the area but thats burning deep inland. Theres no access to it now, not by way of truck. Were monitoring it because of the various communities in the area. Sgt Martin added: Anyo ne that sees fire should call i nto the station, sometimes even though they saw a firetruck, the truck may not be in that particular area. Persons should call in if they see the fire coming close or threatening them so we can c ommunicate it to the trucks o n the ground. The unit was said to e xpect more fires in the c oming months as "bush fire s eason", the hotter months, gets closer. According to Fire Ser v ices, the alarm was sounded at Firetrail west, off Gladstone Road shortly before 1pm. The windswept blaze was compared to a bush fire that razed several hundred acres i n the same area and month i n 2009. S gt Martin said: Its a large fire, a very large fire.I ts definitely not surprising t hough, about a year and a half ago we had a fire like this and in the exact same area. Coming straight down by the well fields by Bacardi Road it took several days to extinguish. I n 2009, it was reported that heavy winds blew the fire north from well fields into the Carmichael Roada rea. An arsonist was susp ected at that time, as offi c ials said it was unlikely that h ot weather conditions sparked the fire. Investigations into yes t erdays fast-growing bush b laze are continuing. Sgt Martin added: Persons should call as soon as possible so they (fire ser v ices) can come around and minimize any damage to property. We cant be every w here at the same time, so w e would advise the public to pay attention and alert us immediately if you see thef ire coming close. L ast night, the unit was said to expect more fires in the coming months as "bush fire season", the hotterm onths, gets closer. Fire Services can be reached at 322-1225 F ROM page one Fears grow as bush fire rages
and entertainment benefitt ed foreign businesses at the e xpense of Bahamian entrepreneurs and aspiring entrepreneurs. In a late night statement, the FNM termed PLP criticisms as hypocritical and disappointing. The statement read: It g oes without saying that the r emoval of prohibition of i nternational persons owning restaurants and/or places of entertainment does not mean that every r equest will be approved. I t added: It simply provides the option of applicat ions being considered. If a pproved the same would b e in compliance with the National Investment Policyo f The Bahamas. T he removal of the restriction prohibiting foreign investments in restaurants or entertainment facilities was announced during the Prime Ministers communication to Parliament o n Tuesday. Last week, Mr Ingraham s aid the amendments were t he result of the concerns of the Bahamian people and t ake into account the numerous developments and changes in the industry over the last 15 years. Also revealed was the i ncrease of the minimum dollar requirement for d irect foreign investment. Persons who purchase homes in the Bahamas for t he purposes of seeking accelerated consideration for permanent resident sta tus will have to buy a home f or at least $1.5 million. T he PLP statement read: The PLP questions the log i c of making these damaging r evisions to the national investment policy as it relates to restaurants and entertainment facilities,e specially in this time when the economy has been damaged by mismanagement, and Bahamians continue to lose jobs in all areas. The opposition statement maintained that under the PLPs National Investment P olicy, a Bahamian owned service industry flourishedas it promoted Bahamian ownership of restaurant businesses. On Tuesday, Mr Ingraham said the country's i nvestment policies were f irst formally published by his government in 1993 to bring increased transparency and certainty to the business and investment industry with the goal of enhanci ng the country's attractiven ess to foreign investors. The FNM statement read: The PLP made no amendment to the National Investment Policy during their most recent term in officef rom 2002 to 2007. This is not surprising: The PLP have made it a habit of making rules and regulations which are observed only in their breach. The statement added: The FNM Government p ublished a clear and transparent National Investment P olicy in 1993 meant to disc ourage the practice of f ronting in the Bahamian economy. The FNM said that PLP g overnments have created and fostered an environment which introduced and continued the practice of fronting through approvals granted in the food retail sector. The PLP Government a pproved the acquisition of C ity Markets by an international group in 2006/7 as ith ad done previously, years e arlier, said the FNM. It was they who approved another international person to enter the food retail sector at Robin Hood Enterprise. They further permitted f oreign persons to enter the s oft drink, wholesale and retail liquor business, and the jewellery retail business along Bay Street, somer eportedly in joint venture with Bahamians but others independent of any such relationship. T he FNM also highlighted the inaction of the PLP in the International PersonsL andholding Act, despite t heir claim that it was responsible for far too much Bahamian land being trans ferred to international per s ons. The statement added: During five years in officeb etween 2002 and 2007 the PLP made no changes to the National Investment Policy or to the Interna tional Persons Landholding Act. I t added: Indeed, they b oasted at having sold more Bahamian land to international persons in the first three years of their single t erm in office than the FNM h ad done in two full terms in office between 1992 and 2002. The International Persons L andholding Act was a mended in 2007, reducing to two acres, the amount of land that could be acquired byinternational p ersons without the prior a pproval of the Investments Board. LOCAL NEWS T HE TRIBUNE THURSDAY, APRIL 21, 2011, PAGE 13 FNM: PLP CRITICISM OF INVESTMENT AMENDMENTS IS HYPOCRITICAL FROM page one
D ALLAS A ssociated Press FEDERALfirefighters and officials from several U.S. agencies joined the fight against a massive wildfire burning 70 miles west of Fort Worth on Wednesday, the same day a Texas firefighterd ied from injuries suffered w hile battling a blaze earlier t his month. The fire at Possum Kingdom Lake is among several that have scorched about 1 million acres across bone-dryT exas in the past two weeks. T he federal team joined local p ersonnel to help fight a blaze that has burned 150,000 acres and destroyed about 50 homes, said Haven Cook, a spokeswoman for the Southern Area Incident Manage-m ent Team. It's the second time a federal management group has been assembled in Texas to help battle the blazes that have been burning across the state for weeks. A spokesman for University Medical Center in Lubbock said 49-year-old Elias Jacquez of Cactus, Texas,d ied Wednesday morning, 11 d ays after he was critically i njured fighting a fire about 40 miles north of Amarillo. J acquez was the second f irefighter to die battling Texas wildfires this month. H e died the same day mourners gathered in West Texas for the funeral of 50-year-old Gregory M. Simmons of Eastland, about 125 miles west of D allas. Simmons died Friday. Personnel from more than a half-dozen federal agencies including the Forest Service, the National Park Service and the Bureau of Land Management have beenw orking to deal with fires in West Texas covering portions of 36 counties for more than aw eek, said Bridget Litten, a spokeswoman for that team. "More of a federal effort is c oming into the state now b ecause of the severity of the fires and the number," she said. L itten said rising humidity and cooler temperatures, along with five drops of fire r etardant from a converted DC-10 jetliner, have helped the team in West Texas makep rogress. I NTERNATIONAL NEWS PAGE 14, THURSDAY, APRIL 21, 2011 THE TRIBUNE r b b rnrr b nrnb bbn br nr r Federal team tackles wildfire in Texas as second firefighter dies
INTERNATIONAL NEWS T HE TRIBUNE THURSDAY, APRIL 21, 2011, PAGE 15 NEW ORLEANS Associated Press RELATIVESflew over Gulf of Mexico waters on Wednesday where 11 oil rig workers died a year ago, residents gathered in quiet prayer vigils onshore and President Barack Obama vowed to hold BP and others accountable for "the painful losses that they've caused." Somber remembrances marked the one-year anniversary of the rig explosion that caused the worst offshore oil spill in American history. But all is not bleak. Beaches, restaurants and hotels are filling up again, and experts say the resilient Gulf is on the mend. The disaster began on the night of April 20, 2010, when the Deepwater Horizon rig b urst into flames and killed the 11 men. The rest of the crew evacuated, but two days later the rig toppled into the Gulf and sankto the sea floor. Over the next 85 days, 206 million gallons of oil 19 times more than the Exxon Valdez spilled s pewed from the well. Parents, siblings and wives of the workers whose bodies were never recovered boarded a helicopter Wednesday to see the waters where their loved ones perished. The helicopter took them from New Orleans out to the w ell site, circled around so that people on both sides of the aircraft could see and then returned to shore, said Arleen Weise, whose son, Adam, was killed on the rig. The only indication they were at the site was an announcement from the pilot, she said. "It was just a little emotional, seeing where they were," Weise said by phone from Houston, where rig owner Transocean planned an evening memorial service. Asked what went through her mind when she saw where the rig went down, Weise said, "Just rise up. I wanted them to come up, but it didn't happen." In a statement, President Barack Obama paid tribute to those killed in the blast and said that despite significant progress toward mitigating the spill's worst impacts, "the job isn't done." "We continue to hold BP and other responsible parties fully accountable for the damage they've done and the painful losses that they've caused," he said. A presidential commission has concluded that a cascade of technical and managerial failures including a faulty cement job caused the disaster. BP, the oil giant which owns the blown-out well, has paid billions in cleanup costs and to compensate victims. The company has estimated its total liability at $40.9 billion, but it might have to pay many billions more, especially if its officials were to be found criminally negligent in still pending investigations and trials. For now, though, the company has rebounded relatively well, with its stock now just 20 percent below its pre-spill value. At a candle-lit ceremony in New Orleans' Jackson Square shortly after sunrise, environmentalists and religious leaders joined to remember the perished rig workers and call on the nation to take the steps to prevent another environmental catastrophe. "Our souls are slumbering in moral indifference," said Rabbi Edward Cohn of the Temple Sinai in New Orleans. "People quite rightly are asking: How and when, and by whose insistence and stubborn support, will the public's mind be refocused upon what happened in the Gulf?" Elsewhere around the world, BP employees were observinga minute of silence. T HIS A pril 21, 2010 file photo shows oil in the Gulf of Mexico, more than 50 miles southeast of Venice on Louisiana's tip, as a large plume of smoke rises from fires on BP's Deepwater Horizon offshore oil rig. (AP FLYOVER, VIGILS MARK GULF OIL DISASTER ANNIVERSARY
W ASHINGTON A ssociated Press MILITARYprosecutors re-filed terrorism and murder charges Wednesday against the suspected mastermind of the 2000 bombing of the USS Cole, making it the first case to move forward since President Barack Obama ordered m ilitary trials to resume at G uantanamo Bay, Cuba. They also requested the death penalty in the case. Abd al-Rahim al-Nashiri w as charged with the plann ing and preparation for the USS Cole attack that blew a hole in the warship, killing 17 sailors and wounding another 4 0. The charges were referred to the Convening Authority for Military Commissions, w hich presides over the war crimes tribunals at the U.S. base in Cuba. Al-Nashiri, a Saudi of Y emeni descent, previously f aced charges in the bombi ng, but the charges were dropped in 2009 as the administration revamped the military commission process. Prosecutors also alleged that al-Nashiri was involved in the planning and prepara-t ion for an attack on the French civilian oil tanker in the Gulf of Aden on Oct. 6, 2002, that killed a crewmember and caused the release of a pproximately 90,000 barrels o f oil. Before being transferred to the prison at Guantanamo Bay in September 2006 for the second time, al-Nashiri spent nearly four years inside the CIA's secret prison syst em, according to former CIA o fficials and publicly released d ocuments. A l-Nashiri was captured in D ubai in November 2002 and f lown to a CIA prison in Afghanistan known as Salt Pit before being moved to another clandestine CIA facility in Thailand, where he was waterboarded twice, a technique meant to simulate d rowning. In December 2002, he was moved yet again to a CIA p rison in Poland and subjecte d to a series of enhanced i nterrogation techniques including some not authorized by Justice Departmentg uidelines. While in Poland, a CIA officer cocked an unloaded handgun once or twice next to al-Nashiri's head. The same CIA officer also revveda bit-less power drill near the head of al-Nashiri, who hadb een left naked and hooded. Al-Nashiri also spent time in Morocco while under CIAc ontrol. I NTERNATIONAL NEWS PAGE 16, THURSDAY, APRIL 21, 2011 THE TRIBUNE NASSAU GLASS COMPANYART GALLERY & LIGHTING CENTREwill be closed from Thursday April 21 at 4:30pm until Tuesday April 26, opening at 8:30am.Mackey Street t 393-8165 393-3723 w ww.nassauglass.com Alleged mastermind of USS Cole bombing charged Terrorism and murder charges re-filed
I NTERNATIONAL NEWS THE TRIBUNE THURSDAY, APRIL 21, 2011, PAGE 19 MISRATA, Libya Associated Press AN OSCAR-NOMINATED war phot ographer and film director was killed Wednesday in the besieged city of Misrata while covering battles between rebels and Libyan government forces. Three other Western photographers were wounded. British-born Tim Hetherington, co-director of the documentary "Restrepo" about U .S. soldiers on an outpost in Afghanistan, w as killed inside the only rebel-held city in w estern Libya, said his U.S.-based public ist, Johanna Ramos Boyer. The city has c ome under weeks of relentless shelling by g overnment troops. Chris Hondros, a New York-based photographer for Getty Images, was seriously injured and was on a respirator at Hikma Hospital. Doctors told The Associated Press that his condition was critical. T he two other photographers Guy M artin and Michael Christopher Brown were treated for shrapnel wounds, doctors s aid. H etherington, 41, was nominated for an Academy Award for his 2010 documentary film "Restrepo." The film was co-directed by Sebastian Junger, author of "The Perfect Storm." "Restrepo" tells the story of the 2nd Platoon of Battle Company in the 173rd Airb orne Combat Team on its deployment in Afghanistan in 2007 and 2008. The title refers to the platoon outpost, named after ap opular soldier, Juan Restrepo, who was killed early in the fighting. H ondros, 41, has covered conflict zones since the late 1990s including Kosovo, Iraq and Afghanistan, and his work has appearedi n major magazines and newspapers around t he world. His awards include World Press Photo honors and the Robert Capa Gold Medal, one of the highest prizes in war pho tography. Two other journalists have been killed in the Libyan conflict, according to the New York-based Committee to Protect Journalists. An unknown gunman killed Mohammed al-Nabbous, founder of theo nline Libya Al-Hurra TV, in the rebel s tronghold of Benghazi in March 19. Cam eraman Ali Hassan al-Jaber was shot when his Al-Jazeera crew was ambushed nearB enghazi on March 13. Oscar-nominated war photographer killed in Libya TIM HETHERINGTON (AP
SECTIONB firstname.lastname@example.org THURSDAY, APRIL 21, 2011 THETRIBUNE $4. 68 $4. 51 $4. 69T he 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 By NEIL HARTNELL T ribune Business Editor The Bahamas and other international financial centres should push back and unite to press OECD member states for cost recovery relati ng to their demands for the retention of accounting records for a five-year minim um, a former finance minister has urged. James Smith, minister of s tate for finance in the 20022 007 Christie administration, told Tribune Business that Cost recovery urged on OECD account demand Former finance minister urges push back and international financial centre unity* Questions Bahamas TIEA strategy and whether its a numbers game J AMES SMITH SEE page 7B By NEIL HARTNELL T ribune Business Editor Grand Bahama Port Authority (GBPA remain in limbo over Cus toms demands for a monthly bonded goods sales report, Tribune Business was told yesterday, after the Supreme Court dismissed a major retailers Judicial Review a pplication on a technicality. Fred Smith QC, attorney and partner at Callenders & Co, which is representing Kel lys (Freeport the issue was not going to go away and ultimately needed t o be determined by the Bahamian judicial system, after Justice Hartman Long-l ey declined to extend the time for the company to file its Notice of Motion for Judi cial Review. Kellys (Freeport its Judicial Review action late last year on the basis that Customs demand for a bond ed goods sales report breached the Hawksbill Creek Agreement, and would burden it and other licencees with bureaucratic, overly-cumbersome reporting LICENCEE LIMBO OVER B OND S ALES REPORT DEMAND J udg e dismisses K ell s (Freeport) Judicial Review application against Customs* Firm says bonded g oods dr opped from 69% to 50% of total sales after Customs action began* Planning to appeal to higher cour t SEE page 8B B y NEIL HARTNELL T ribune Business Editor T he Government will likel y have to kick-in between $ 11-$12 million to pick up the balance of the $62.5 million Commonwealth Brewery initial public offering (IPO told yesterday, with initial estimates indicating private i nvestors had bought up around $50-$51 million. Michael Anderson, presid ent of RoyalFidelity Merc hant Bank & Trust, the I POs placement agent, while expressing disappointment at the overall lev el of institutional investorp articipation, said the high l evel of retail investor buy-in r epresented a major e ndorsement of this offering by the Bahamian publ ic. Noting that the likely $ 50-$51 million raised repr esented the highest sum ever raised in a Bahamasbased IPO, beating the previous $30 million record set by CIBC (now FirstCaribbean International Bank Bahamas) in the late 1 990s, Mr Anderson told Tribune Business that the Commonwealth Brewery Brewery offering raises $50-$51m n Government likely to fork out $11-$12m to cover balance of $62.5m IPO n Record for Bahamian public offer, with retail/institutional split likely to be 50/50, rather than normal 70/30 n Result still seen as major endorsement by investors n Disappointment on institutional participation MICHAEL ANDERSON SEE page 4B By ALISON LOWE B usiness Reporter a email@example.com A mix of 19 managerial and line staff level employees a re to be made redundant by First Caribbean International Bank (Bahamas pany reassesses its manpower needs region-wide. The announcement comes after First Caribbean saw its net i ncome fall 23.7 per cent year-on-year for the first quarter 2 011, which followed a net income decline of $16.8 million o r 21 per cent in 2010 over 2009. I n a statement released late Tuesday evening in response to Tribune Business inquiries about staff lay-offs being in the pipeline, Marie Rodland-Allen, First Caribbean International Bank (Bahamas a ware that there is information being reported in various m edia outlets about potential staff lay-offs. We wish to clarify that we are currently in discussions w ith our unions regarding proposed business changes due to restructuring and assessments of our manpower needs. We can confirm that the number of impacts would not e xceed 20 persons. FirstCaribbean International Bank is d oing everything it can to minimise any potential job losses. FirstCaribbean set to lay-off 19 Move follows 23.7% Q1 income drop* Union alleges agreement breach SEE page 9B By ALISON LOWE Business Reporter firstname.lastname@example.org After a seven-month closure, the Marley family has backed away from a deal with would-be foreign investors to lease and run the Cable Beach-based Marley Resort and Spa, decid ing to continue operating the boutique resort property themselves. On Tuesday, Tribune Business reported that Stephanie Marley, chief executive of the Marley Resort and Spa, and her mother, deceased reggae legend Bob Marleys wife, Rita, were set to seal a deal with new partners to lease out the Cable Beach property on a temporary MARLEYS BACK OFF RESOR T OUTSOURCE Decide to keep Cable Beach resort and re-opening set for May 11* Admit mistakes were made previously SEE page 9B By ALISON LOWE Business Reporter email@example.com The Opposition Progressive Liberal Party (PLP hit out at the damaging revisions to the National Investment Policy, and promised to reverse the changes announced by the Prime Minister that will allow more foreign competition in the restaurant and entertainment sector. The party said it quesPLP pledges to reverse restaurant opening up SEE page 5B
B USINESS PAGE 2B, THURSDAY, APRIL 21, 2011 THE TRIBUNE By DEIDRE M. BASTIAN S o, you want to be a Graphic Artist? Are you a creative person with some artistic flare or an eye for design and art? Are you a good problem solver? If so, you are on your way. Who are graphic designers and what do they do? They might be found doing everything, including transporting snow back and forth from Alaska. Well, not exactly. Graphic artists plan, analyse and create visual solutions to communications problems. They decide on the most effective way of delivering a message in print, electronic and film media using a variety of methods such as colour, type, illustration, photography, animation, print and layout tech niques. Additionally, graphic designers develop the overall layout and production design of magazines, newspapers, journals, corporate reports and oth er publications. A good designer should consider cognitive, cultural, physical and social factors in planning and executing designs for their target audience. The graphic design landscape is constantly changing, both cre atively and technically, and pro duces new opportunities and markets. Graphic design is 10p er cent technical, 90 per cent creative. Devices like the iPad and other smart phones are shifting print media more towards pure digital. That is not to say print media is dead, but it does suggest there are many opportunities being opened, which will be an asset moving forward. Freelance Freelance graphic designers have the flexibility to work when they want, and the luxury to choose projects. Because work is done mostly on the computer, projects can often be designed from home, working exclusively for the web, print or combined media. They also produce promotional displays, packaging and marketing brochures for prod ucts and services, design dis tinctive logos and develop signs and signage systems, called environmental graphics, for businesses. An increasing num ber of graphic designers also are developing materials for Internet web pages, interactive media and multimedia projects. Graphic designers also may appear in credits before and after television programs and movies as well. I am sure we can agree that graphic designers must be creative and able to communicate their ideas in writing, visually and verbally. Because consumer tastes can change quickly, designers need to be wellread, open to new ideas and influences, and quick to react to changing trends. Problem-solving skills, paying attention to detail and the ability to work independently and under pressure are also important traits. People in this field require self-discipline, budget time, and meet deadlines and production schedules. Good business etiquette and sales ability are also important, especially for those who freelance or run their own business. Graphic designers must con tinually keep up to date with the development of new and Designing the perfect career SEE page 11B T HE ART OF GRAPHIX DEIDRE M.BASTIAN
By NEIL HARTNELL Tribune Business Editor While the Organisation for Economic Co-Operation and Developments (OECD Review report stands the Bahamas in good stead, a leading attorney yesterday said implementing the tax information exchange framework was the greater test, with automatic information disclosure something to avoid. Michael Paton, a former Bahamas Financial Services Board (BFSB partner at the Lennox Paton law firm, told Tribune Business that the bigger concerns were the Government ensuring the tax information exchange process runs smoothly, and any international movements to push for the automatic disclosure of such details. Commenting after the OECDs Global Forum on Tax Transparency and Information Exchange gave the Bahamas a clean bill of health in eight out of nine categories assessed in its Peer One review, Mr Paton said: I think the report stands us in good stead. What concerns me more is the next stage; how we fare on the implementation. My concern would be that the Government is seen to put in the steps to ensure the process is running smoothly. While the Peer Review Phase One report assessed whether the Bahamas has required legal and regulatory framework to facilitate tax information exchange, Mr Paton was referring to the Phase Two report, work on which is due to start next year. That will assess implementation, and how the Bahamas is exchanging tax information in practice, as well as address whether this nation has complied with the issues raised in the Peer One report. The principal concern raised in that document was the availability of accounting infor mation on Bahamas-incorpo rated entities, the OECD report finding that this nation did not meet the standards set down. "The shortcomings in the leg islative requirements to retain accounting records in respect of International Business Com panies, partnerships, authorised purpose trusts and foundations are such that this information may not be available in certain cases in respect of these entities and arrangements," the report said. "The availability of accounting records is an essential com ponent of effective exchange of information (EOI sent legal and regulatory framework does not meet the standard in this regard." The OECD's Global Forum wants countries to have laws and regulations in place which require that "all relevant entities and arrangements, including international business companies, registered private and foreign-incorporated companies, authorised purpose trusts and foundations" keep reliable accounting records, including underlying documentation, for a minimum of five years. Still, Mr Paton said the OECD Peer Review report showed that the Bahamas was in good, substantive compli ance, and added of the accounting record issue: Its not information we are required to keep. There are so many other countries not complying with that standard. Explaining that he felt the Bahamas was in full compliance as far as Im concerned, the former BFSB chairman said this nation retained the ability to access any information required for tax exchange purposes once a correct request came in through the proper channels. And, if it was necessary for the Bahamas to legislate that all entities incorporated in this nation maintain accounting records for at least five years, Mr Paton suggested this nation should not mandate that it be kept in the country. Doing this, he explained, would ensure that Bahamas-incorporated companies based overseas, or for whom accounting services were provided abroad, would not be unduly burdened. The recommendation that the Bahamas requires accounting records be maintained and kept for a minimum five-year period does not expressly state that the information should be kept in the Bahamas, Mr Paton noted. The Bahamian authorities have no interest in the financial records of private structures, as they are not subject to taxation in the Bahamas. Accordingly, the Bahamas should not be required to legislate that this information be kept in the Bahamas. I have no problem with a general requirement that the company/foundation/partnerrship/trust keep financial records for a minimum five years, but they should be at liberty to keep the records where they want. Outside the narrow confines of the OECD Peer Review report, Mr Paton also urged the Bahamas to monitor any renewed international pressure for the automatic disclosure of tax information. The big issue to watch out for is any more traction being gained on the automatic disclosure of information, which is an avenue as a jurisdiction we do not want to go down any time soon, he told Tribune Business. Mr Paton explained that automatic tax information disclosure, apart from being very expensive and difficult to comply with, was also likely to further eradicate the Bahamas competitive advantage as an international financial centre. BUSINESS T HE TRIBUNE THURSDAY, APRIL 21, 2011, PAGE 3B THE COLLEGE OF THE BAHAMASVisit our website at www.cob.edu.bs I mplementation bigger concern with OECD issue MICHAEL PATON
issue was likely to have been split 50/50 between retail and institutional investors. That, he added, represented a change from the more normal IPO split, where institutions tended to d ominate with a 60-70 per c ent share, the balance being taken by Bahamian retail i nvestors. F inal figures from the C ommonwealth Brewery IPO will likely be released today, but with all the majori nstitutional investors accounted for, Mr Anderson said: Were currently estimating somewhere between $50-$51 million. Thats my best guess at the moment. It might be slightly h igher. That basically means that H eineken [Commonwealth B rewerys 75 per cent majority shareholder] will g o back to the Government t o meet their offer to subs cribe for whatever the difference is. Around $11-$12 million would be requiredf or the Government to subs cribe to that. The Gove rnment is likely to pick this u p through the National Insurance Board (NIB Mr Anderson said it had b een difficult to predict how the final days of the IPO, which closed last Friday, would go. Up until the final h ours he had been confident that it might be fully subscribed, but ultimately seve ral institutions and high net w orth individuals did not p urchase the sums they had previously indicated. At the end of the day it did not materialise, but if two-three investors came in f or the amounts they had indicated, we would have been fully subscribed, he told Tribune Business. We n eeded some of the bigger g uys to come in for what t hey had indicated, and if they had wed have been there. We were a bit disapp ointed with them not comi ng up to the levels expecte d, Mr Anderson said of institutional investors, adding that the same appliedt o several individual investors who had also pledged to subscribe for several million dollars worth o f shares. But, by and large, we had a great reception from the B ahamian public, and were v ery happy with the individu al side, but on the institutional side we expected tog et more and are a bit disappointed with the level of institutional participation. U nsure why the level of promised institutional support did not materialise, Mr A nderson said that in order f or an IPO worth $62.5 mill ion to be fully subscribed, institutional investors have to step up. However, with the much h igher participation from t he public, he added: Id v enture its close to a 50/50 split in terms of what the Bahamian public picked up,a s to what institutions have d one. The public seems to h ave really got involved and i nstitutions, for whatever reason, decided not to come in. Were still pleased with the final uptick. Weve never seen Bahamian investors on an individual basis part icipate at this level, so we see that as a major endorsement of this offering by the B ahamian public, who a ppreciated the offer, the p ricing and dividend yield, and picked up this invest-m ent. We hope the future bears out their confidence i n this investment, and hopefully some people will regret not participating in this. W ere very happy, and I t hink Commonwealth Brewe ry are very happy, with the response to this market offering. BUSINESS P AGE 4B, THURSDAY, APRIL 21, 2011 THE TRIBUNE 'URQDOGDWWHUVRQFH$GYDQFHG)HUWLOLW\ 2EVWHWULFVt *\QHFRORJ\$QQRXQFHVLWV ORFDWLRQDWWKH 6KLUOH\WUHHWOD]D DERYH %HWWHU%RGLHV*\P7 )D[ -RXUQDOLVP/LWHUDWXUH*U 5HOLJLRXV.QRZOHGJH%LEOH*U 0DWK*U 3K\VLFV*U $JULFXOWXUH*U 7HFKQLFDO'UDZLQJ*U $FFRXQWV&RPPHUFH(FRQRPLFV*U 3K\VLFDO(GXFDWLRQ*U SDQLVK*U *HRJUDSK\+LVWRU\*U &KHPLVWU\ %XVLQHVVWXGLHV*U +HDOWKFLHQFH*U *HQHUDOFLHQFH*U &RPSXWHUWXGLHV*U 0XVLF*U %LRORJ\*U /DQJXDJH$UWV/LWHUDWXUH*U $UW&UDIW*U )RRG 1XWULWLRQ*U &ORWKLQJ&RQVWUXFWLRQ*U 6RFLDOWXGLHV*U +RPH(FRQRPLFV*U$SSOLFDQWVPXVW$f %H D SUDFWLFLQJERUQDJDLQ&KULVWLDQZKRLV ZLOOLQJWRVXEVFULEHWRWKHWDWHPHQWRI)DLWKRI 7HPSOH&KULVWLDQFKRRO %f +DYHD%DFKHORUV'HJUHHLQ(GXFDWLRQRUKLJKHU IURPDUHFRJQL]HG&ROOHJHRUQLYHUVLW\LQWKHDUHDRI VSHFLDOL]DWLRQ &f+DYHDYDOLG7HDFKHUV&HUWLFDWHRU'LSORPD 'f+DYHDWOHDVWWZR\HDUVWHDFKLQJH[SHULHQFH,QWKH UHOHYDQWVXEMHFWDUHDZLWKH[FHOOHQWFRPPXQLFDWLRQ VNLOOV (f $SSOLFDQWVPXVWKDYHWKHDELOLW\WRSUHSDUHVWXGHQWV IRUDOOH[DPLQDWLRQVWRWKH%-&%*&6(OHYHOV )f%HZLOOLQJWRSDUWLFLSDWHLQWKHKLJKVFKRROVH[WUD FXUULFXODUSURJUDPPHV $SSOLFDWLRQPXVWEHSLFNHGXSDWWKH+LJK6FKRRO2IFH RQ6KLUOH\6WUHHWDQGEHUHWXUQHGZLWKIXOOFXUULFXOXP YLWDHUHFHQWFRORXUHGSKRWRJUDSKDQGWKUHHUHIHUHQFHV0UHLO+DPLOWRQ 7KHULQFLSDO 7HPSOH&KULVWLDQ+LJKFKRRO 3 1DVVDX%DKDPDV'HDGOLQHIRUDSSOLFDWLRQLVD\WK Brewery offering raises $50-$51m FROM page 1B
tions the logic of the c hanges to the policy as it r elates to restaurants and e ntertainment facilities, especially in this time when the economy has been damaged by mismanagement, a nd Bahamians continue to l ose jobs in all areas. I t said the change, which will allow foreigners to setu p restaurant and entertainm ent-related businesses in the Bahamas as long as they received Bahamas Investment Authority approval, now puts at risk an entire industry that was Bahamian owned. O n Wednesday, Mr Ingrah am announced in Parliam ent that the Government h as changed the National I nvestment Policy to allow n on-Bahamians to enter into investments in the restaurant and entertainment sector where they have traditionally been restricted to investing in those facilities connected to hotels or, in t he case of restaurants, those that are considered specialty gourmet or ethnic. M inister of State for F inance, Zhivargo Laing, s aid the move was made as the Government seeks "toi ncrease the depth of the e ntertainment and restaurant offerings in the country, so you are more appeal ing to the internationalc lientele that you service. "One of the things which is always noted is that there are not as many high-end, quality night restaurants in our tourism product. We have some, clearly, but having more gives another opportunity to extract mores pending from people who c ome here and want to be e ntertained, and to have a v ariety of options," Mr Laing said. On Thursday, Bahamas Chamber of Commerce andE mployers Confederation ( BCCEC) chairman, K haalis Rolle, said he did not feel the change was necessarily a good idea, suggesting that instead mores hould be done to get B ahamians into the restaur ant and entertainment business. Stunned In its statement, the PLP said: Under a PLP administration, these were reserved for Bahamians. We have no doubt that the Bahamian people are stunned at this decision. The small and mediumsized business owners should be especially alarmed. We believe that many of the revisions to the National Investment Policy, done it a ppears without consultation, put at risk many B ahamian entrepreneurs and countless more Bahamian jobs. We cry shame on the Government of the Bahamas for turning their b acks on Bahamians at the e xpense of the promotion of f oreign interests. The PLP, when we become the next Governm ent of the Bahamas, will e nsure that the Bahamianowned restaurant and entertainment businesses are prot ected for Bahamians. As we further develop our tourism industry, Bahamian business owners and aspiring entrepreneurs will be the beneficiaries. We will provideo pportunities for Bahamians to succeed, especially as it relates to leveraging opportunities from tourism. BUSINESS T HE TRIBUNE THURSDAY, APRIL 21, 2011, PAGE 5B T he creative work performed on a private banking brochure for Bank of the Bahamas International (BOB international accolades from the American and CaribbeanA dvertising Federations. The agencies behind the design D iane Phillips & Associates in conjunction with marketing company Electric Villages took home a 2011 Silver ADDY Award at this years advertising competition. I think the true winner of an award like this is our client, said Diane Phillips. Were proud to have been a part of this success and to be recognised for our work at this level, whichs peaks to the talent and dedication of our team. DP&A would a lso like to thank BOB for giving us the creative license to collaborate with Electric Villages on this project. The ADDY Awards are the advertising industrys largest and most represented competition, attracting more than 480 Caribbean entries in the 2011 competition. The 2011 Silver ADDY was awarded for the Bank of The B ahamas private banking brochure in the sales kit category. Other regional winners included LIME for their TV and online Christmas promotions and Florida-based agency, Merit Mile Communications, for online, print and radio campaigns. Were grateful to the entire team for the work and assistance to materialise the concept that we wanted in this brochure, said Dianne Bingham, senior manager of private banking and trust a t Bank of the Bahamas International. The combined efforts of Electric Village and Diane Phillips & Associates produced material that added an appealing, trop i cal touch, while conveying the full extent and quality of private b anking services the bank offers. It was deserving of acco lades and awards. Agency wins award for bank brochure PLP pledges to reverse restaurant opening up FROM page 1B
B USINESS T HE TRIBUNE THURSDAY, APRIL 21, 2011, PAGE 7B c omplying with the Organisation for Economic Co-Oper-a tion and Developments (OECD becoming a very costly issue, especially the insistence that all Bahamas-incor-p orated entities maintain accounting records for a minimum of five years. This requirement was the one area where the OECDs Global Forum on Tax Transparency and Information deemed the Bahamas not to be in full compliance with itss o-called global standard, but in meeting these demands the cost burden was falling dis-p roportionately on this nation a nd other small-island international financial centres, Mr Smith said. U rging the Bahamas and these countries to unite, Mr Smith told Tribune Business: This become a very costly i ssue. We are costly already, and this is going one stage beyond in terms of the retention and retaining accounts to do with compliance. The OECD's Global F orum wants countries to have laws and regulations in place which require that "all relevant entities and arrangements, including international business companies, regist ered private and foreigni ncorporated companies, authorised purpose trusts and foundations" keep reliablea ccounting records, including u nderlying documentation, for a minimum of five years. Warning that compliance o n this score becomes a matter of recovering costs, in urging all international finan cial centres to present a united front, Mr Smith said: Youll begin to put a price on all these things. They jump u p, saying: This will be good, thatll be good. Its costing s omeone, but not them. Were paying not just in terms of operational costs but job losses, because of the little to no growth. Concerns And, responding to concerns raised in the OECDP eer Review report about disc repancies between the Tax Information Exchange Agreem ent (TIEA U S and other similar agreem ents concluded by the Bahamas, Mr Smith again u rged this nation to stand f irm. Pointing out that the B ahamas-US TIEA was n egotiated between two sove reign nations, and was theref ore nobody elses business, he added: Its the same rush to make all countries do the same thing that creates the same problem. We should s tart trying to hold our ground on this, unless we allow them t o do the negotiations for us i n the future. The former finance minister also questioned what the Bahamas long-term strategy w as in continuing to expand i ts TIEA network, which is set to grow from the current 2 4 to a possible 42 in the near future a 75 per cent growth. Its becoming a numbers game, he added. Whats the end game? Its not enough to be signing agreements willyn illy to say were signing more than you. Theres got to be some method to the mad ness. Mr Smith again reiterated the long-held view that the initiatives launched more than a decade ago by the OECD and its peers had, as their u nderlying goal, the objective of driving the Bahamas and similar jurisdictions out of the financial services business or, at the very least, marginalising them and blunting their competitive edge. Warning that the Bahamas may have to find a new type of business to survive, given that the distinction betweens o-called offshore and o nshore centres continued to break down, the former f inance minister suggested that this nation was being encouraged to do something that weakens us or [makes us] l ess competitive against the o nshore centres. Ever since the OECD p ush started, I think the Bahamas has moved assiduously to be compliant, Mr S mith said. Many in the [financial services] field areo f the view of two things. O ne, that we did not get suff icient credit for the improvem ents made, and the other aspect is that we may be overc ompliant...... The notion that it was easie r to open a bank account in M iami than in the Bahamas persisted, Mr Smith said. Its testimony to the increased vigilance of the sector and international compliance, buts erious concerns are being raised about the extent to w hich normal business itself b ecomes undermined by overzealous regulations, he added. Well have to continue to stay above the radar. Cost recovery urged on OECD account demand F ROM page 1B
requirements. In an affidavit submitted by o ne of Kellys (Freeport attorneys, it was alleged that bonded goods sales, which had accounted for 69 per cento f total sales, slipped to around 50 per cent after Customs started making its demands. And, if Kellys (Freeport were to provide a copy of every invoice related to the sale of goods in bond that would amount to some 40,000 invoices per month, the affid avit alleged. This would obviously be an onerous and expensive undertaking. Mr Smith yesterday said K ellys (Freeport apply to the Court of Appealf or leave to appeal Justice Longleys decision, and was inviting Customs to maintain its previous undertaking thati t would not interfere with the c ompanys business if it did not submit monthly bonded g ood sales reports in the m eantime. If the undertaking did not continue, Mr Smith h inted he would apply to the Supreme Court for an urgent s tay. This is a matter of general i mportance to all licencees, M r Smith told Tribune Business. It is not a matter that is g oing to go away. It is a matter of great public importance to commerce in Freeport. It continues to require j udicial determination. It is not as if dismissal of this case will cause the issue to evaporate. Unfortunately, there has been no decision on the merits, whether or not the report-i ng requirement is or is not lawful, so licencees in Freeport remain in limbo. Pointing out that Kellys (Freeport licencees in general, were merely seeking to protectt heir rights, Mr Smith said his client had been harassed by Customs over the monthly bonded goods sales report issue. If history is any teacher, K ellys fears that behaviour w ill simply be repeated, Mr Smith added. Kellys is not g iving up, and this issue will have to be determined one way or the other. Its just notg oing away. Licencees of the Port A uthority have rights, and these new purported regulat ions by Customs continue to be contrary to the provisions of the Hawksbill CreekA greement, and a court is going to have to deal with t his. Customs and the Attorney G enerals Office successfully applied for the Judicial R eview action to be dismissed o n the basis that Kellys ( Freeports) attorneys failed t o file the Notice of Motion for the action, having been g iven leave to file for Judicial Review, within the prescribed timeframe. Regulation They had also produced a regulation stemming from the Customs Management Act 2009 amendments, requiring GBPA licencees to provide a statutory declaration on overthe-counter bonded goods sales, as a complete answer to the Judicial Review action. J ustice Longley ruled that the four-month delay in filing the Notice of Motion was totally unacceptable and s hould not be condoned, e specially in light of Customs undertaking, even though the latter had not been prejud iced by the delay. As a result, the Judicial Reviewa ction was dismissed. While I accept that this is a m atter of public importance, I c annot ignore the fact there is a legal provision that appears to give to the Comp troller the lawful authority to make the pivotal decision that is the subject of the applica t ion and insist on compliance w ith the administrative request made of [Kellys], Justice Longley added. Whether the amendment g oes as far as the Comptroller alleges is not for me to decide on this application. Nor can I say that the applicant woulds ucceed on a challenge to the law. While the Customs Mana gement Act regulation and amendment had not been put before the court, Justice Long ley said that if it had been, Kellys (Freeport have been hard pressed to convince the court that itc ould make out a prima facie o r an arguable case for leave to be granted on the basis that t he decision of the Comptroller was illegal, even against the backdrop of the Hawksbill Creek Agreement, which confers certain third party benefits upon licencees of the Grand Bahama Port Authority or that it was made in con-t ravention of the provisions o f the Customs Management Act. On the contrary, there is a presumption that the law is valid and constitutional. While Kellys (Freeport was very disappointed at this turn of events, having brought an extremely merit orious case before the courts, Mr Smith added: It is extremely unfortunate that my firms error in failing to file the motion has caused this disruption in the determinat ion of Kellys rights by the courts. It is obviously something my firm is working diligently to remedy. B USINESS P AGE 8B, THURSDAY, APRIL 21, 2011 THE TRIBUNE 1$%,/$$%'8/+$),=RI */(1,6721*$5'(163%2;1$66$8 %$+$0$6 $SSOLFDQWVDUHUHTXLUHGWREH 3DUHQWVDUDVNHGWRFROOHFW DSSOLFDWLRQIRUPVIURPWKH+LJK 6FKRRO'HVNLQWKH+HUEHUW 7UHFR$GPLQLVWUDWLRQ%XLOGLQJ RQWKHVFKRROV%HUQDU5RDG FDPSXVEHWZHHQ DQGGDLO\EHIRUWKH WHVWLQJGDWH $SSOLFDWLRQIRUPVPD\ DOVREHDFFHVVHGIURP WKHVFKRROVZHEVLWH ZZZNLQJVZD\DFDGHP\FRP VHH'RFXPHQW'RZQORDGVf)RUIXUWKHULQIRUPDWLRQNLQGO\FRQWDFW WKHVFKRRODWWHOHSKRQHQXPEHUV $1'<*,//RI 6KHUZRRG'ULYH6DQV6RXFL1DVVDX%DKDPDV /(0(&.,112&(17RI 0$56++$5%285$%$&2%$+$0$6 '852/,1$/&,1RI (51(67675((71$66$8%$+$0$6 *$9,1'(/,9(5 *25'21RI-RKQ6WUHHW31DVVDX %DKDPDV %(16213,(55(RI %URXJKDP6WUHHW1DVVDX%DKDPDV ('1(5'259,/86RI )$55,1*+72152$'3%2;*71$66$8 %$+$0$6 $ OHDGLQJSOD\HULQWKHUHWDLOLQVXUDQFHVHFWRUDQG SDUWRI&RORQLDO*URXS,QWHUQDWLRQDO/LPLWHG&*,f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page 1B
basis. However, Rita Marley yesterday said the family has cancelled that move and will instead re-open the resort itself on May 11, the anniversary of Bob Marleys death in 1981. We had interested persons coming in, but then we decided to hold on to it for a while to see if we can stand on our feet again. We have had that property in the family for over 30 years and theres a lot of sentimental value to the family. Thats where the kids grew up, that was our vacation home, and we love the Bahamas and the Bahamian people, said Mrs Marley. The resort has been closed since September 2010, when it was announced that it was shutting down for six weeks for renovations and restructuring. The closure came after Stephanie Marley revealed to this newspaper in April 2010 that the 16-room resort had suf fered substantial losses during the two years it had been in operation under the familys management, with she and her mother never having made apenny from it. Complaints abounded last year from staff about delayed salary payments, which Ms Marley ultimately put down to the resorts troubled financial position, and said she would not pay staff who were creating inefficiencies. However, some sources close to the resort suggested that its troubles ran deeper, with mana gement decisions made by the family itself responsible for much of its woes. Yesterday, Rita Marley told Tribune Business in an interview from her west Nassau home that the family made mistakes and has learned from those mistakes in relation to the property. The resort will be re-opening by the grace of God and with help from others, and we are really looking forward to doing that. It is in demand people keep coming every day asking for food and rooms, she said. When it comes on to the market again, the property will have a new addition a five bedroom beach house which has been renovated, and will be sold to those planning weddings, special meetings and family trips. As for hiring of staff to man the resort there were previ ously between 25 and 40 employees on property Mrs Marley said the family plans to keep things minimal in thisr egard, claiming that overstaffing was one reason the property ran into issues before. We overspent before, so now it is a matter of the fewer the better. We want people with dual abilities. We will initially look at taking on four or five staff, along with a manager and an accountant, she said. H owever, while the Marleys are optimistic about the prospects for turning around the resort, one senior tourism executive who declined to be named suggested the family may have been better off staying away from direct involvement with the resort. Short of selling the property, contract management is probably their best option. The Marleys did a wonderful job creating a beautiful property, but have struggled on the management side, and the best chance of success for the property lies with securing an experienced operator and letting them do their work without interference. Since they closed last fall they have tried to find a manager who would be able to work in the old arrangement. Those with good skills have shied away from taking the position, feeling there would be too much interference from the owners, said the industry exec utive. Another source withk nowledge of the resorts operations questioned the suggestion that so few staff would be engaged to run the property. They cant be serious. The place has a spa, a restaurant, a bar, a juice bar, a boutique, 16 rooms, pools, grounds, maintenance...the least amount of stafft hey had at any one time was 25, and the cashiers were quite annoyed when they had to be waiters, said the source. BUSINESS T HE TRIBUNE THURSDAY, APRIL 21, 2011, PAGE 9B 52wk-Hi52wk-LowSecurit y Previous CloseToday's CloseChangeDaily Vol.EPS $Div $P/EYield 1.190.95AML Foods Limited1.191.190.000.1230.0409.73.36% 10.639.05Bahamas Property Fund10.6310.630.000.0130.200817.71.88% 6.504.40Bank of Bahamas6.006.500.503,2000.1530.10042.51.54% 0.530.17Benchmark0.180.180.00-0.8770.000N/M0.00% 2.842.70Bahamas Waste2.702.700.000.1680.09016.13.33% 2.201.96Fidelity Bank1.961.960.000.0160.040122.52.04% 1 2.408.69Cable Bahamas8.758.750.001.0500.3108.33.54% 2.852.35Colina Holdings2.552.550.001.0310.0402.51.57% 7.005.80Commonwealth Bank (S1)6.966.960.004,0000.4880.26014.33.74% 2 .861.90Consolidated Water BDRs2.052.070.020.1110.04518.62.17% 2.541.40Doctor's Hospital1.401.400.000.1070.11013.17.86% 5.994.75Famguard4.754.750.000.3570.24013.35.05% 9.105.65Finco6.786.780.000.6820.0009.90.00% 11.408.75FirstCaribbean Bank8.768.760.000.4940.35017.74.00% 6.004.57Focol (S)5.505.500.000.4520.16012.22.91% 1.001.00Focol Class B Preference1.001.000.000.0000.000N/M0.00% 7 .305.50ICD Utilities7.307.300.000.0120.240608.33.29% 1 0.509.80J. S. Johnson9.829.820.000.8590.64011.46.52% 10.0010.00Premier Real Estate10.0010.000.001.2070.2008.32.00% 5 2wk-Hi52wk-LowSecuritySymbolLast SaleChangeDaily Vol. 99.4699.46Bahamas Note 6.95 (2029BAH2999.460.00 100.00100.00Fidelity Bank Note 17 (Series A) +FBB17100.000.00 100.00100.00Fidelity Bank Note 22 (Series B) +FBB22100.000.00 100.00100.00Fidelity Bank Note 13 (Series C) +FBB13100.000.00 1 00.00100.00Fidelity Bank Note 15 (Series D) +FBB15100.000.00 52wkHi 52wkLow Symbol Bid$ Ask$ LastPrice DailyVol EPS$ Div$ P/E Yield FINDEX: YEAR END 2008 -12.31%30 May 2013 20 November 2029MONDAY, 18 APRIL 2011B ISX ALL SHARE INDEX: CLOSE 1,440.10 | CHG 4.06 | %CHG 0.28 | YTD -59.41 | YTD % -3.96B ISX LISTED DEBT SECURITIES (Bonds trade on a Percentage Pricing basis)Maturity 1 9 October 2017 7%RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)29 May 2015 W W W.BISXBAHAMAS.COM | TELEPHONE: 242-677-BISX (2479) | FACSIMILE: 242-323-232019 October 2022 Prime + 1.75% Prime + 1.75% 6.95%B ISX 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%L ast 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 The National Insurance Board invites suitably qualified businesses to tender for the contract to operate the cafeteria of the National Insurance Boars Head Office, Clifford Darling Complex, Baillou Hill Road. The following REQUIREMENTS must be met: 1.Tenders must be licensed with the proper licensing authorities. 2.Tenders must meet all the requirements ofthe Ministry of Health and other relevant agencies related to food services. 3.Tenders must be able to provide food for 100 or more persons daily. 4. All National Insurance contributions should be paid up to date. Interested tenders may collect a Bid Application from the Directors Office, at the National Insurance Boars Head Office, Clifford Darling Complex, Baillou Hill Road, and submit the same on or before Friday, April 29, 2011, at 1:00 p.m. Tenders are asked to submit their bids in a sealed envelope, marked Bid for Cafeteria, and addressed to: The Cafeteria Committee THE NATIONAL INSURANCE BOARD Clifford Darling Complex Baillou Hill Road Nassau, BahamasT T T T T he N he N he N he N he N a a a a a t t t t t io i o io i o io n n n n n a a a a a l I l I l I l I l I n n n n n s s s s s u u u u u r r r r r a a a a a nc n c nc n c nc e B e B e B e B e B o o o o o a a a a a r r r r r d d d d dof the Commonwealth of The Bahamas T T T T T e e e e e nde nde nde nde nde r fo r fo r fo r fo r fo r C r C r C r C r C afet afet afet afet afet e e e e e r r r r r i a Op i a Op i a Op i a Op ia Op e e e e e r r r r r a a a a a t t t t t i o i o i o i o io n n n n n s s s s s WANTEDCARDIOTHORACIC/ VASCULAR SURGEONExperience:-10 YEARS -PEDIATRICS CALL 242-326-2346 The consultation process is not yet completed and no date will be set for implementation until the bank has concluded this process as pert he governing collective labour agreements and in accordance with the labour laws of the Bahamas. Yesterday, Labour Minister Dion Foulkes confirmed that the Department of Labour hadr eceived word from FirstCaribbean on the s ame evening that they would be letting go up to 20 people as they reorganise, restructure and look at their manpower needs in various departments. Mr Foulkes said he impressed upon them t he necessity to make sure to comply with t heir union agreements and also with all of the labour laws. Later, he said confirmation was provided b y the bank that a final decision was made that 19 people would be let go. Mr Foulkes said no indication was provided of which departments would be affected. However, he said the bank suggested it is possibles ome of those released may ultimately be redeployed into other areas of the banks operations. Theresa Mortimer, president of the B ahamas Financial Services Union which represents 428 FirstCaribbean line staff, told Tribune Business yesterday that any termination of its members from the bank would be in contravention of the unions agreement since it was not discussed with the BFSU ahead of t ime. Mrs Mortimer revealed that on Monday she walked out of a meeting with the banks executives, including Marie Iton, the b anks director of industrial and employee relations, who is normally based in Trinidad, after only 15 minutes because she was dissatisfied with what she said was a lack of information brought to the table by the bankr egarding its plans for employees. She said that up to yesterday she had yet to hear back from the bank and had not been a dvised of any lay-offs. We were supposed to have a meeting on Monday to discuss the banks financials and the way forward, but the bank came to table with nothing in their hand so the BFSU left the meeting. We were waiting to hear from them a nd hear the way forward because they did not come with anything in writing, Mrs Mortimer said. We asked for structures and inform ation and how it will affect others. They cant just say they dont know. I told them when they had information together it would be business as normal and then we would go forward. T he union president said the bank is dealing with the matter as if there is no union and it does not realise that sometimes union agreem ents supercede the labour laws. Given that the union is of the view that they were not consulted, any lay-offs would be a breach of our collective agreement and partnership agreement, and steps will be taken, said Mrs Mortimer. FirstCaribbean set to lay-off 19 FROM page 1B MARLEYS BACK OFF RESORT OUTSOURCE F ROM page 1B
B USINESS PAGE 10B, THURSDAY, APRIL 21, 2011 THE TRIBUNE CHRIS KAHN, AP Energy Writer NEW YORK Oil settled above $111 per barrel Wednesday as the dollar weakened and the government reported an unexpected drop in U.S. crude supplies. Benchmark West Texas Intermediate oil for June delivery gained $3.17 to settle at $111.45 per barrel on the New York Mercantile Exchange. Oil has increased 20 percent since the beginning of the year as investors anticipated rising global demand and unrest in North Africa and the Middle East threatened oil fields and shipping lanes vital to world supply. In London, Brent crude rose $2.52 to settle at $123.85 per barrel on the ICE Futures exchange. The surge in oil had cooled recently as industry groups monitored the effect of higher prices on petroleum demand and the global economy. The International Energy Agency, OPEC and others have said that they see signs that consumers are using less fuel as prices rise. In the U.S., retail surveys by MasterCard SpendingPulse indicate that motorists have cut back on gasoline purchases for the past seven weeks. Oil rose Wednesday as the dollar lost ground to the euro, the British pound and other major currencies. The dollar h as been sliding since Standard & Poor's downgraded its out look for U.S. debt earlier this week. Oil, which is priced in dollars, tends to rise as the dol l ar falls. That makes crude con tracts cheaper for investors holding foreign currency. The Energy Information Administration reported that U.S. oil supplies unexpectedly shrank by 2.3 million barrels last week. Analysts expected an increase of 1.6 million barrels. At least some of the decline occurred because refineries used more crude to produce gasoline and other products, while crude imports declined. Imports "The decline in imports suggests refiners were unwilling to bring in higher-priced foreign barrels," said Platts senior oil analyst Linda Rafield. EIA also reported that gasoline supplies fell by 1.6 million barrels last week. Some analysts have pointed to falling sup plies as a sign that U.S. demand is holding steady. Yet Andrew Lipow, President of Lipow Oil Associates in Houston, said the drop in gasoline supplies may have more to do with many refineries along the East Coast being on hold for routine maintenance and other issues. EIA data show that gasoline demand has dropped for the past three weeks, when compared with levels from a year ago. Gasoline pump prices keep rising nevertheless. The nation al average increased slightly on Wednesday to $3.837 per gallon ($1.01 a liter AAA, Wright Express and Oil Price Information Service. A gallon of regular is 97.8 cents higher than a year ago. Fred Rozell, the retail pricing director at OPIS, said pump prices should increase a little more this summer as refineries switch to summer gasoline blends that are more expensive to produce. Summer blends already account for roughly 80 percent of the gasoline sold, Rozell said. The rest will be at the pumps in the next several weeks. In oth er Nymex trading for May con tracts, heating oil added 6.29 cents to settle at $3.2214 per gallon and gasoline futures increased 4.42 cents to settle at $3.2773 per gallon. Natural gas gained 4.8 cents to settle at $4.310 per 1,000 cubic feet. Oil settles above $111 per barrel ( AP Photo/Mark Lennihan) DOWEDGESUP: Traders exchange oil options, Thursday, March 2 4, 2011, at the New York Mercantile Exchange.
B USINESS PAGE 12, THURSDAY, APRIL 21, 2011 THE TRIBUNE NASSAU AND BAHAMA ISLANDS LEADING NEWSPAPER
R E L I G I O U S N E W S S T O R I E S A N D C H U R C H E V E N T S R E L I G I O N S E C T I O N C THURSDA Y APRIL 21, 2011 T H E T R I B U N E S
The T ribune Thursday April 21, 201 1 PG 1 3 RELIGION A C T S 1 2 : 1 N ow a bo ut t ha t t i m e H e r od t h e ki n g st re t che d f ort h hi s h an ds t o v ex cer t ai n o f t h e ch ur c h : 2 A n d he ki l l ed Ja m es t he b r o t h e r o f Jo hn w i t h t he swo r d : 3 A nd b eca us e he sa w i t p l ea sed t h e Je ws, h e p roc eed ed f urt her t o t ak e P et er a l so ( Th en w er e t he d ay s of u nl ea v e ned b rea d. ). : 4 A n d wh en he h ad a p p r eh end ed h i m h e p ut hi m i n p ri so n, an d del i v ere d h i m t o f o ur q u a t e r n i on s of s ol d i ers t o kee p hi m; i n t en di n g a f t er E as t er t o b ri n g h i m f o r t h t o t he p eo pl e. A s m uch a s we l o ve t o c el eb rat e E ast e r and e xci t e o ur chi l d ren w i t h t h e co l our f ul E ast er egg hun t ; i t s t i m e t ha t w e t e l l / t each o ur chi l d r e n t h e t ru t h. Th en aga in w e ca n o nl y t e ach t hat wh i ch w e k no w o r ha ve b e e n t a u g h t L e t s t a k e a f e w m o me nt s an d f ol l o w t h e Ea st er t rai l Ea st er was nam e d af t er "E os t r e (a k. a. E ast re ). Sh e wa s t he g r e a t g o d d e s s o f t h e S a x o n p e o p l e i n n o r t h e r n E u r o p e S i m i l a r l y t h e T eu t on i c d aw n go dde ss of f er t i l i t y w as k n o w n v a r i o u sl y a s ( O st a r e O s t a r a O s t e r n E o st r a E o s t r e E o s t u r E ast r a, Ea st ur A ust ro n a nd A u sos. H er n am e cam e f rom t he a nci e nt w ord f o r spr i ng "E as t r e Si m i l ar go dd ess we re kn ow n by o t he r n am es i n t he a nci e nt cul t u r e s a r ou nd t he M e di t e rran ean and w ere c el eb rat ed i n t h e spri n gt i m e, som e w e r e : A p h r o d i t e f r o m a n c i e n t C y p r u s, A sh t ore t h f r om a nci en t I s r a e l A s t a r t e f r o m a n c i e n t G r e ec e D e m et e r f ro m a n c i e n t M y ce n a e, H a t h o r f r o m a nc i e n t Eg yp t Ish t ar f rom anc i ent A ssyr i a K al i f r om an ci en t Ind i a O st a ra a no rse go dd ess o f f er t i l i t y A n a l t ern at i ve e xpl a nat i o n ha s al so b een su gg est ed T he n am e gi ven by t h e F ran ki sh ch urc h t o Y a h s h u a M e s s i a h s (a k. a. J esu s) r e s u r r e c t i o n f e s t i v a l i n c l u d e d t h e L a t i n w o rd A l b a w h i ch m e a ns : W H IT E T h i s w a s r e f e r e n c e t o t h e w h i t e rob es t hat w ere w orn du ri ng t h e f e st i val s A l b a al so me ans : SU N RI SE wh en t h e na me o f t he f est iv al wa s t r a n s l a t e d i n t o G e r m a n t h e "S unr i se" m ea ni ng wa s sel e ct ed in e r r o r ; t h i s b e c a m e O s t e r n i n G e r m an O st ern has bee n p r o p o s e d as t h e ori g i n of t h e w ord E ast e r T he or i gi n of t he E ast er bu nn y What about Easter the Bunny and the Egg? P AST OR MA TTHEW ALLEN SEE page 16
The T ribune PG 1 4 Thursday April 21, 201 1 RELIGION The Easter Experience THE Eas ter Vi gil is a s er v i c e that is f ull of dr ama. It is a time when all of the s ymbols of our faith co me alive with n ew mean ing. W e arrive in th e d ark to revel i n the element of s urp rise. W e w atch and wait for ou r per son al exper ienc e of the w el l kn own f act th at God is d oing a ne w thing. J ust as the bulb s s end fo rth sh oots and eggs c r ack op en on their sc hed ules, so w i ll li gh ts ap pear in th e dar kened ch urc h with its h idden b e a u t y wh en God is r e a d y On on e level we are d eali n g w it h an c i e n t h i s t o r y w h i le o n an o t h er w e a r e e n c o u r ag e d to all o w it to r e p r esen t ou r tim es o f p e r s o n a l d a r k n e s s T h e r e ar e times wh en we feel "k ept in th e dar k, watc hin g and waiting for ou r b r e a k t h r ou gh W e h ave to hold on w ith all of o ur might i n o r der to h old o ut to the end. I t may b e a t i me of tes ting or o f trainin g, o r a time o f sp i r itual war f a r e wh en Go d i s figh ting o ur b attle fo r us S ometimes it i s a ti me of dor m a n c y to be q uiet and res t, th e calm befo re t he s tor m. At o ther t im e s i t i s a m a tt e r o f b e i n g refined as w e examine o urs elves, o u r m o t i v es o u r i n n e r m o s t tho ughts and feelings. N o matter what t he pu rpo se, this d ark ness doe s not mean d estr uc tion, aban d o n me n t, o r r e je c t io n b y Go d b e c a u s e J es u s C h r i s t w en t t h r ough th at o n G o od F riday for u s E aster means ho pe i n the fac e of life' s myst ery The lighting o f the n ew fire at the c hu rc h is to inflame u s with new hop e, and to remind us that the l igh t of Chr ist' s g l o r y s hines on u s an d in u s to pu r if y ou r m in d s. Th e P as c h a l Cand l e or the Easte r c and le will b u r n u ntil Pen tec ost w hen we r e l ive the p erso nal enc ou nter o f o ur L o r d s dis cip l es with th e po wer f u l p r es enc e of th e Holy Spir i t c o m i n g up on each on e of them. In this s e a s o n o u r jo y e n a b le s u s t o bec ome Easter can dles ou rs el ves S o m e t i me s it t a k e s b ei n g in g r eat dar knes s fo r us to lo ng for l igh t. P ra y for God to light a new f i r e in t he d arkn ess of your hear t If you have no t had your per son al Eas te r exp er ien c e, a sk Go d to to u c h y o u a n d c a ll y o u r n a m e A s k t h e L o r d t o r e v e a l H ims el f to yo u i n s ome way S e ek th e L o r d h u n g er af te r right livi n g. As k for the po wer of the Holy Spir i t to b e r eleased in you, kno ck o n the do or of the Ho ly S c r ip t ur e i nv it e tr u th to d i r ec t you Th en tell wh at you k n o w and s ho w you r gr ati t ude in s e r v i c e G o d i s f a i th f u l. O u r E a s t e r experien ce c on firms th at God is fai t hful to the pr omise to save u s. Pu t all your tr ust i n th i s faithfu l G o d. W alk with a new ho pe, an d a new faith, w i th a new fire bu r n i n g i n yo ur hear t. Let your E aster experien ce q uietly str engthen you until the re-k i n dling of the E aster f i r e next year REV ANGELA C BOSFIELD P ALA CIOUS MEDIT A TION The church' s Mission Services under the theme "Rekindling the Power ," will take place on W ednesday April 27 and Thursday April 28 at 7pm. Missioner will be Bishop Claude Berkley The Church will also celebrate its patronal fes tival on Sunday May 1 at 3.30 pm. Bishop Claude Berkley will deliver the ser mon. ST G E O R G E S A N G L I C A N C H U R C H M I S S I O N A N D P A T R O N A L S E R V I C E S 2 0 1 1
CLARITY is defined as the state or quality of being clear or transpar ent to the eye or to the understand ing of someone. It is interesting to know that accor ding to the books of Pr overbs, wisdom is the principle thing. However it does not end there; it goes on to read that in all our r eceiving of wisdom we must simultaneously acquire understand ing. In reading this par ticular scrip ture I was coerced by my mind to r eally consider what was being said to me. In the course of pondering that thought, I concluded that wis d o m i s e nt i r e l y d if f e r e n t f r o m understanding, quite obvious right? Nonetheless, having wisdom about anything without an understanding of it creates confusion. So, the question could be asked, what is the dif ference between wis dom and understanding in our quest t o achie ve c lar ity? And why are both needed to make sound judg ments, decisions and the ability to decipher the fullness of confusing and perplexing areas of our lives? W ell wisdom in its simplest for m is p o s s e s s i n g k n ow l ed ge t o d i s ce r n between right and wrong or good and bad. On the other hand under s t a nd i ng ag ai n i n i t s c on d en s ed form comprehends how something works, operates or functions. W ell, what does this have to do with clarity you may ask? It has e v e r y t h in g t o d o wi t h cl ar i t y b e cau s e no n e ca n o p er a t e i n de p en de nt o f i ts e lf T o ge th er b ot h should be used in unison to bring about the fullness, or as we would say the bigger pictur e of any and all situations. As Christians, we for the most par t become unclear as to what is going on in our lives concerning t r o u b l in g m a t te r s I n p ar t i c u l a r those stubborn, persistent and repe t i t io u s n e gat i ve occ ur r e n ces t ha t m a ke s a b s o lu t e l y n o s e n s e. A n example of this would be you'r e faithful in the paying of your tithe and offerings, however it is clear you've plunged more into debt than pr i o r t o y ou r o f f e r t o r y co m mi t ment. Another example, God made it cl ea r t o yo u t h a t t h i s i s th e man/woman you wer e suppose to mar ry it has also been confir med by faithful and sound people of God, but at present it appears as if this person was specifically assigned by Satan to drive you completely crazy Wh a t a bo u t t h a t j o b yo u ve pr ay ed a nd fa s t ed f o r it f in al ly came through, but you're treated on that job like something stuck at the bottom of someone's shoe. What about that house or business that yo u've b een t it hin g fr om n ot t o mention the countless prayers con c e r n i n g t h at h o us e o r bu s i n e s s However none of that stopped it from being posted in the local daily for foreclosur e because the funds weren't there to sustain it. At this point, I think most of you would agree that, it would be insane not to ask the question, "God ar e you playing a game with me"? Or "God where are you in all of this". A mo r e c o mm o n s t a t e me n t b y Christians would be, GOD I NEED CLARITY! Jer emiah, the pr ophet of God, in the book of Jeremiah 29, wrote a letter unto the residue of the elders, and to the priest, the prophets and to all Israel whom Nebuchadnezzar h ad c ar r ie d a way c ap t i ve f r o m Jerusalem to Babylon. In this letter he explained that it was God that was allowing this to happen. Also t h at t h ey s h o u ld be g in b u i l di n g houses, planting gardens, exchang ing marriage vows and not only seek the peace of that city but pray to God that the city will have peace so that they would be at peace. T o add insult to injur y God fur ther declar es through the writings of Jer emiah, that they will inhabit that land for seventy years. Anyone that prophe sies or speaks of visions or dreams t hat ar e c o ntr ar y to th e s even ty y ea r s o f ca pt i v it y t h at G od h as o r d ai n e d h a s p r o p h es ie d a n d dreamed falsely I am certain prior to Jeremiah's letter the people of Israel must have wondered how could this be. How could God allow a heathen nation, which doesn't even r ecognise him, to up root his people from a land that he's given them? In addition, they are now under the leadership of a heathen king. At this point we can conclude that they definitely needed clarity because it seemed as if God had forsaken them. So in essence they possessed the wisdom that they were being held captive by Babylon, but prior to the letter they had no understanding, which I am sure, brought them to the point of confusion. Jer emiah's letter br ought about The T ribune Thursday April 21, 201 1 PG 1 5 RELIGION I need clarity! KEVIN EWING SEE page 16
The T ribune PG 1 6 Thursday April 21, 201 1 RELIGION a nd eg g be gan i n G er ma ny i n t h e 150 0' s ; w h e r e t he chi l d ren w ere t o l d t h at i f t hey w e r e go od, t he hare / b unn y w ou l d b ri ng t h em egg s on Ea st er T hro ug h pa gan i sm a nd ot h er rel i gi o ns, t he con cep t of Ea st er t h e B un ny an d t h e E gg ha s w ork ed i t s w ay i n t o t he chu rch i n s uch a sub t l e wa y t ha t i f i t w as p oss i bl e e ven Go d' s ver y el ec t wo ul d b e de cei ve d. Th e E ast er b unn y i s ver y i nt ere st i ng a nd i s o n e t h e o l d e s t s y m b o l s o f s p r i n g B eca use of t he s pri ng seas on w he n t he p l ant s an d f lo w ers are r e s t o r ed an d a s n ew l i f e spr ung f ort h, re li g i on and p agan i sm f or c ent u ri es h ave b ee n t ryi n g t o w at e r do wn t h e r e s u r r e c t i o n o f Y a h s h u a M e ss i a h ( a k a J e s u s C h r i s t ) b y a c c e p t i n g t h e E ast e r t rad i t i on s and con cep t s. H o s e a 4 : 6. M y peo pl e are d est ro yed f or l a c k o f k n o w l e d g e : b e c a u s e t h o u h a s t re j ect e d kn ow l edg e, I wi l l al s o rej e ct t hee t h at t h ou sha l t be no pri e st t o m e: se ei ng t h ou ha st f o rgot t en t he l aw of t hy Go d, I w i l l al so f orge t t hy c hi l dr e n Th i s i s o ne of t he m ost qu ot e d scri p t ur e s a mo ng t he bo dy of C hri s t t od ay and ye t b el i ev ers are st i l l b ei ng de st roy ed as t hey re f use d t o get kno wl e dge of t he G o d o f Is rael w ho m t he y serv e. Th rou gho ut t he B i bl e Y ahw eh wa rned Hi s p eop l e ab ou t a ccep t i ng f o rei gn g ods a nd t he i r c ust o ms T he p aga n wo rshi p a nd f e st i val s h ave b een so sy st em at i c al l y i ngra i ned i n t o t he chu r c h o ver t he y ears t o t he poi n t t ha t wh ene ver t h e H ol y Sp i ri t b egi n s t o exp ose t h i s t ype o f wo rshi p an d cel e bra t ed f e st i val s d ays ; t h e a nt i C hri st spi ri t t hat s st e epe d i n t he re l i gi ou s ch urch w oul d co me har d ag ai ns t su ch e xpo sur e. Th i s i s o ne o f t he ai m s an d ob j ect i v es o f p aga ni sm ; wh i ch i s t o w ork i t s w ay i n t o t he b od y o f C hri st wh i ch wi l l eve nt ua l l y b ri ng a bou t a di v i si on am ong t he b el i ev ers, as p aga ni sm seek s t o t a ke aw ay or d i l ut e t he r e v e r ence of Go d' s H ol y day s an d i n st i t ut e i t s ho l i da ys and f e st i val s It s t i m e f or t he t r ue s ons and da ugh t ers o f T he M o st H i gh G o d (' el y ow n, el y on e' ; ) t o st and up a nd sp ea k ou t Th e A po st l e P aul k new wh at hi s s pi ri t u a l so n T i mo t hy h ad t o dea l w i t h as i t re l at es t o r el i gi o n, t rad i t i on an d pa gan i sm T h e r e f o r e he a dm on i she d hi m as f ol l o ws : 2 T i m o t h y 2 : 1 5 S t u d y t o sh o w t h y se l f a p p r o v e d u n t o G o d a w o r k m a n t h a t n eed et h no t t o be ash am ed ri gh t l y d i vi d i n g t he wo rd o f t r u t h L e t s st op t he re l i gi o us m ad ne ss a nd b egi n t o t e ach o ur c hi l dr en t h e t ru t h ab ou t t h e L or d s P asso ver t he sa cri f i ci a l L am b f r om Ex od us st ra i ght t hrou gh t o t h e N ew T es t am ent R el i gi o n h as t od ay' s c hu rch st uc k w i t h i t s a n n u a l m e s sa g e s T h e F i v e L a s t S ay i ng s of Jesu s" R el at i o nsh i p i s sa yi ng H e s n ot dea d, H e' s st i l l sp eak i ng. He t h at hat h a n ea r l et hi m h ea r w ha t t he S pi r i t sa i t h u nt o t h e ch ur c h e s Fo r q uest i o ns or c om men t s con t act us v ia E ma i ls : p ast or m al l en @ya hoo com or k mf ci @ l i ve. co m or P h. 12 424 412 021 P ast or s Ma tt h ew & Br e ndal ee Al l en K in gdo m M i nd ed Fel l ow sh ip Cen t er I nt l Easter FROM page 13 W hy is Good Friday referred to as "good"? This is a question that must have surely clicked in your mind at some point in time. Out of 52 Fridays in a year, is it not amazing that only one of them carries the word "good" as a prefix to it? Nothing that happened to Jesus on that day can described as good, so why would we classify the tor ture and death of our Lor d and Saviour as" good? W e ar e gi v en t h e a n s we r b y t he Pr ophet Isaiah when he stated that "He was pier ced for our rebellion, crushed for our sins. He was beaten so we could be whole. He was whipped so we could be healed. All of us, like sheep, have strayed away W e have left God's path to follow our own. Y et the Lord laid on him the sins of us all." (Isa 53:5-6, NL T). In other words, we are by our natur e defiant against God and because of this, we were destined to spend eternity apar t fr om him. But he made a way for that not to happen. He sent his Son, Jesus, to live a per fect life in our place and suf fer the death that we deserved. Because of this, we are not ashamed of the cross. For it was God's predestined plan to bring us back to him. By r epentance and faith in Jesus Christ we are now recon ciled to God and can live in peace know ing that we have been saved from God's lawful justice. For this reason, we can cel ebr ate th e cr os s and u nder s tand why something that was physically "bad" for Jesus Christ became as spiritual "good" to us as believers. "Good Friday" can best be summed up like so many of the gr eat spiritual truths. It is a paradox, a contradiction that just happens to be true like, "Y ou shall find yourself by losing yourself." Or "Less is m o r e O r T h e o n l y w ay t o ha ve enough is to learn to give it away ." These sayings ar e never things we can entir ely grasp, but sometimes they take hold of us and when they do, it transforms us forev er Jo i n Bi s h o p V G Cl ar ke a n d t he C a l v a r y D e li v er an ce Ch u r c h F am i ly Good Friday April 22, at 10 am for a time of intimate worship, powerful devotion, prayer and reflection, and the opportuni ty to partake in the seven last sayings of Jesus. There will also be special ministr y by CDC Mas s Choir Lit tle Saint s in Praise, CDC Fine Arts ministry and many others. Y ou will certainly be blessed as we celebrate the "good" in Good Friday Speakers for the event will include: Pastor Mark Barrett Pastor Ricardo Clarke Pastor Albert Campbell Elder Meredith Munroe Elder Kendyce Moss-Moultrie Bro T imothy Dorsett Sis Garcia Sherman Good' Friday that u nder st andin g t o compl iment t he wisdom that they already possessed that equaled clarity What am I saying to you my readers? Y ou possess the wisdom which is only a part of the whole, which has also dictated to you that you are in debt, your marriage is failing, your home and business is in for eclosure etc. and I am also aware that you're frustrated and ready to give up and walk away fr om it all. Nevertheless, it is only the lack of understanding as to why this is all happening, that has you con fined to a confused and distr essed state. I am here as an oracle of God to infor m you that God is with you now mor e than ever Psalms 46:1. Thus, you could be judging God foolishly based on wisdom alone and not the understanding from him to accompany it that will bring about clarity The Apostle Paul in his letter to the Corinth chur ch said, "For we know in part and we prophesy in part, but when that which is perfect (complete or whole) comes, then that which is in par t shall be done away with 1Corinthians 13:9-10. So it is clear in this scripture that the confu sion to our problem is due to us prema tur ely judging the whole based on a par t of what is being presented to us, again producing confusion. Please! Befor e I pr oceed any fur ther begin to ask God to forgive you of your missed judgments and the negative words that you've said concerning your unclear situations. Now ask him for the under standing that you need to bring clarity to your situation. Back to Jer emiah's letter Jeremiah said in his letter that after the completion of the seventy years in Babylon, then God will vis it th em and per f o r m his wor d towards them and cause them to retur n unto their land. God further states that he alone knows the thoughts that he thinks t o w a r ds us and they are th oughts of peace and not evil, to give us an expected end. Thank you JESUS this is wonderful news my readers, because it suggests to me that in the midst of my seemingly insurmountable troublesTHIS IS ONL Y AP AR T OF GODS OVERALL PLAN FOR MY LIFE, THA T MUST CON CLUDE IN PEACE, JOY AND THE MANIFEST A TION OF MY EXPECT ATION OF HIM Glory to the name of Jesus! So, what is the r eality of all of this? W ell the reality of all of this is your crying, fr us tr ation, moo d s wings, f a s tin g, p raying, complaining mur muring and coming in agreement with others for God to bring change, will not alter delete or change the pre assigned time by God to your trouble. Know that this is a testing of your faith, which is producing patience. But only in the completion of that patience, will you become complete or be restored, James 1: 3-4. God is a God of divine purpose and to every purpose there is a time and sea s on. Pu rp ose is the or igin al int ent of something or someone, and only time and season can unveil what God has purposed in and for us. Do not allow the size of your problem to frustrate you, but instead ask God to r eveal to you the understanding in an effort to bring clarity and a piece of mind while you endure the time and season of that tr ouble that will conclude in good for yo u. "F o r we k now t hat AL L th in gs (good and bad) ar e working in harmony for our good Romans 8:28. Heavenly Father thank you once again for a now wor d, that brings comfort to your people. This is another piece of evi dence that amplifies your sover eignty I ask you now in the name of your son Jesus Christ to impart patience and understand ing to the wisdom of your people to bring about clarity in the midst of their chal lenges. Finally father I pray for a peace that passes all understanding in the match less and mighty name of Jesus Christ. Amen! Written by: Kevin L. A Ewing firstname.lastname@example.org Clarity FROM page 15 Pastor Mark Barrett