The Tribune.
Full Citation
Permanent Link: http://ufdc.ufl.edu/UF00084249/02925
 Material Information
Title: The Tribune.
Uniform Title: Tribune. (Nassau, Bahamas).
Alternate Title: Nassau tribune
Physical Description: v. : ill. ; 58 cm.
Language: English
Publisher: Tribune
Publication Date: 6/25/2007
Genre: newspaper   ( sobekcm )
Spatial Coverage: Bahamas
General Note: Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.
 Record Information
Source Institution: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 09994850
oclc - 9994850
sobekcm - UF00084249_02925
System ID: UF00084249:02925

Full Text


DESS S i oviln' t





Volume: 103 No.177

MONDAY, JUNE 25, 2007






Ingraham says election

cases' expenses not the

responsibility of govt

Tribune Staff Reporter
THE FNM will have to pay
none of the legal bills that will
result from the election court
cases as the PLP's misman-
agement is to blame for any
discrepancies during the elec-
tion process, Prime Minister
Hubert Ingraham assured his
party and its supporters yes-
"We are just pleased
though, that the things about
which they (the PLP) com-
plain, are things that the gov-
ernment did, and so the bur-
den of paying the legal bills
will rest with those who had
the responsibility, not us.
"We were just candidates.
We didn't run anything we
ran for something. We ran
according to the rules that
were established and we won
according to those rules," Mr
Ingraham said while speak-
ing at the FNM's ecumenical
service of thanksgiving in
Freeport, Grand Bahama,
yesterday afternoon.
It has been estimated that
each seat that is contested
could cost the losing party
more than $100,000 in legal
When the FNM contested
and lost the MICAL seat in
2002 the party had to pay
over $230,000 in legal costs.
Currently the PLP is con-
testing three seats Blue
Hills, Pinewood and Marco

City- which could end up
costing the party more than
Speaking at the thanksgiv-
ing service yesterday, Mr
Ingraham said that his par-
ty's victory was not an easy
"We are grateful that the
democratic exercise of elect-
ing a new government was
conducted with a minimum
of violence, notwithstanding
Herculean efforts by those
opposed to us, to unfairly
influence the outcome of the
"Even now we are told
that those who had charge for
running the election did it in
such a bad way they think the
court should overturn some
(results) because they didn't
do their jobs," he said.
The prime minister said
that his party recognizes and
acknowledges the PLP's
"stubborn refusal to come to
terms with the new reality
and to accept their fate that
is they are in opposition and
we are the government."
"But we recognize also
their right to pursue through
democratic means all avenues
legally available to them to
assure themselves and their
supporters that they have no
alternative but to accept our
victory," he added.
Addressing the congrega-
tion, Mr Ingraham told his



THE CR Walker prom at Breezes res

Tribune Staff Reporter
POLICE officials at the Cable Beach sta-
tion came under fire over the weekend
when a prom at Breezes Resort, which
spilled into the street, brought traffic on
the Cable Beach strip to a standstill for sev-
eral hours Saturday night.
From about 8pm to sometime after 11pm,
CR Walker students, onlookers, and chil-
* dren blocked the dual carriage-way in front
of the hotel as those attending the prom

ulted in severe traffic delays.
(Photo: Felipe Major/Tribune staff)
Children stood along the northern and
southern sides of the road, spilling over into
the main street, and forcing the dual lane to
bottleneck into barely enough space for a
single vehicle.
As a car tried to pass through the crowd,
instead of opening ranks to let it go through,
the crowd stood defiantly, often with backs
turned to traffic, talking amongst them-
selves, and cheering for the next "pick up"
spectacle to take place.
From the perch of the Breeze's hill, The

Long lines

at airport
after alleged
'go slow'
Tribune Staff Reporter
LONG lines dominated the
Lynden Pindling Internation-
al Airport over the weekend
as reports of an alleged "go
slow" forced passengers to
queue up for hours outside
the International Departure
However, Tourism Minister
Neko Grant had not heard of
any industrial action being
taken at the airport on Satur-
day when contacted by The
Tribune yesterday.
"I have no reports of any'
irregularities at the airport
yesterday. This is the first time
I'm hearing about it," he said.
However, according to air-
port management officials, a
shortage of security screening
personnel has been blamed
for the long lines.
SEE page 13

[made a spectacle of their departure from the SEE page 13 TWO planes
reportedly flatten
$20,500 for dialysis machine campaign tyres on landing
-]-at Marsh Harbour
Uk 'I,- CONCERNS have been

SEE page 13

SCO'11.TIAR N DON.ATE Piclured during lie $20.500 cheque presenlalion. are Mark
Roherl iil I hlie ile King: Scoliabalink'i aissiant manager of marketing and public relations,
Andrea NI. MNlyei~; the tribune's marketing manager, Sean D. Moore; Mrs. Debra Wood, the bank's
senior manager for marketing and public relations; and Scotiabank's Senior Corporate Manager,
Branches, Wayde Christie.
SCOTIABANK has donated $20,500 to to The Tile King, FYP Limited and The Tri-
purchase and install a brand new critically bune's drive to solicit funds from corporate
needed dialysis machine for the Princess Mar- citizens for the purchase of eight dialysis
garet Hospital.
Scotiabank's generosity was in response SEE page 12

raised over the state of Marsh
Harbour airport's runway after
two airplanes reportedly flat-
tened their tyres on landing at
the airstrip.
According to witnesses, two
tyres of a Bahamasair flight,
which landed in Marsh Harbour
on Saturday at 7.15am burst on
One Bahamasair employee
told its customers that it was
only due to the pilot's expertise
and skill that the plane landed
without incident and without
any of the passengers the
majority of whom were tourists
- suffering any injuries.
Bahamasair passengers who
landed in Marsh Harbour yes-
terday morning told The Tri-
bune that on their arrival on the
island they saw a second air-
craft parked on the side of the
runway with flat tyres.
Bahamasair staff at both the
Marsh Harbour and New Prov-
SEE page 12





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PAGE 2, MONDAY, JUNE 25, 2007



Local News .................P1,2,3,5,6,7,8,9,10,11
Local News......aP12,13,14,15,17,18,19,21,24
Editorial/Letters. ...................................... P4
Advts ........................................... P16,20,23
C om ics.................................................... P22
Business................... P1,2,3,4,5,6,7,8,9,10,11
A dvt ....................................................... P12
Insight..................................... P1,2,3,4,5,6,8
W eather.................................................... P7



Miami Herald Main............................P1-12
Miami Herald Sports.......................P13-17
Local Sports.....................................P18-20

The Music... That's Y!

St Matthew's Great Fair

celebrates anniversary

Anglican Church kicked
off its 205th anniversary
with the Great Fair this
past weekend on the
Eastern Parade.
The fair was declared
open by Governor Gen-. .
eral Arthur D. Hanna,
who is also a member of
the historic parish. A spe-
cial welcome was also
brought by the area MP
Mrs Loretta Butler-Turn-
er also a parish mem-
Hundreds attended 40
stalls and attractions that
filled the field.
The evening was closed
out with sounds of drums,
horns and Junkanoo. 0 ST. BARNABAS marching band moving onto the Parade

* ABOVE: The busy plant stall at the weekend fair
* RIGHT: Governor General Arthur Hanna opens the event.




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0 In brief




on Bimini

23 illegal Haitian immigrants
were picked up at South Bimini
on Saturday after the group was
dumped off and left there by a
Bahamian boat smuggler. The
smuggler told them they were in
According to reports, the
group of immigrants was trying
to get to Miami, Florida. They
had left New Providence on
board a speedboat piloted by a
Bahamian captain, who
dropped them off at South
Bimini on June 21.
Chief Superintendent of
Police Basil Rahming said that
one of the immigrants contacted
police at Alice Town, Bimini,
by cell phone at around 4.20am
on Saturday and told officers
what had happened.
S Haitian national Shedley
Johnson told police that he and
22 others were being smuggled
to Miami aboard a white two-
engined speedboat around 3am
on June 21, when the Bahamian
captain, whose name he did
know, dropped them off at
South Bimini and told them that
it was Miami.
Police took a ferry over to
South Bimini, where they
arrested Mr Johnson and 10
other Haitian men and five
They were taken into cus-
tody after they could not pro-
duce documentation authoris-
ing them to be in the Bahamas.
Mr Rahming said that the
officers were informed by the
immigrants that seven others
had fled into the bushes and
were hiding.
The group was brought to
New Providence, where they
are being detained at the
Carmichael Road Detention
Centre to await repatriation.
Bimini police are still search-
ing for the remaining immi-

Police hold

one man

after armed


POLICE at the weekend
were called to the scene of an
armed robbery and chased
down one suspect in that inci-
Asst Supt Walter Evans
reported that a Quick Cell
booth on Bernard Road was
held up by a man armed with a
handgun at 6pm on Saturday.
The suspect robbed the
booth's employee of cash and
phone cards before fleeing in a
Toyota Windom vehicle.
A police officer who was
alerted to the robbery, gave
chase and was finally able to
force the vehicle to a stop in the
Sea Breeze area.
At this time, Asst Supt Evans
said, police noticed that the
there were two occupants inside
the car.
While one of the men was
able to escape on foot, police
took the other, a 23-year-old
man, into custody for question-
The police were also able to
retrieve a large amount of the
stolen money and phone cards
from the car.

on Village Rd.
July 2 20th
9 12:30 pm
Ages 7-14

Come have fun
Call 394-5042
Deadline June 30th

More senior

Tribune Freeport Reporter

FREEPORT The acts of
"vicious and violent" crimes in
the Bahamas has led the Royal
Bahama Police Force to imple-
ment a new strategy aimed at
increasing the presence of kha-
ki-clothed senior officers on the
streets of New Providence and
Grand Bahama.
While in Grand Bahama on
Friday, Police Commissioner
Paul Farquharson said the
police are expected to launch a
new initiative called neigh-
bourhood community policing,
with intelligence as its centre-
"Every now and then we
have to change the way we do
business. We are here to pro-
tect you, the members of the
public, and therefore, no stones
will be left unturned," he said.
Mr Farquharson said the
new strategy is designed to put
more police officers out on the

streets by taking senior offi-
cials from their "cozy" offices,
and putting them out on the
"You will, therefore, see
more of the khaki. I am putting
them out from reading the
papers and...on the streets
where they belong," he said.
Mr Farquharson was speak-
ing at an appreciation and
farewell banquet held in
Freeport for ACP Ellison
Greenslade, who was recently
transferred from Grand
Bahama to New Providence.
Mr Greenslade, who was
promoted to senior ACP, was
described as an exemplary
commander who was a peo-
ple's police officer who did not
sit in his office, but took to the
streets. He was honoured for
his outstanding leadership in
the past seven years in the
northern region.
Mr Farquharson also sin-
gled out Sir Albert Miller, a
former deputy commission of

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.ce to walk streets

police, whom he says "has laid
the foundation for good, qual-
ity leadership among us (offi-
cers) in policing in the
"He is a model policeman
who we all emulated as young
police officers many years ago.
"We all will certainly want
to long remember you, Sir
Albert, for having laid the
framework for us to build on.
The kind of leadership that our
honoree (Mr Greenslade) has
displayed over the past seven
years speaks volumes of the
examples set by our colleague
Sir Albert Miller, who is the
godfather of policing in the
Bahamas," he said.
Commissioner Farquharson
said that there are many good
leaders on the police force.
But, he also noted that the
police would never be able to
deliver good, quality policing
without the help of the public.
"A few days ago, the offi-
cers here in Grand Bahama

BUT: We don't know about pay increase

Tribune Staff Reporter

BAHAMAS Union of
Teachers secretary general,
Belinda Wilson, issued a press
release yesterday stating that
the Bahamas Union of Teach-
ers is unaware of the $15.5 mil-
lion extra allotted for salary
increases for teachers in the
2007/2008 budget.
During the budget debate,
Education Minister Carl
Bethel said that the 2007/8 fig-
ure of $164 million is $15.5 mil-
lion more than that which was
approved by the Parliament
for the current fiscal year.
The minister went on to
explain in his address that the
increase reflected "remunera-
tion for salary increases for
teachers and other education
professions and the addition
of new personnel."
These included, 150 regular
classroom teachers, 35 special
education teachers, 10 speech

* BELINDA Wilson

pathologists, 30 therapy aides,
and 20 teachers aides.
However, the announcement
of the additional funds has
caused the BUT to be bom-
barded with calls and inquiries
as to the salary increase that
teachers can expect in July
"The Bahamas Union of


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Teachers would like ,to make it
unequivocally clear that we are
only aware of the salary
increase in accordance with
Article 40.4 and Articles 42.1
of the Industrial Agreement
which was signed on Novem-
ber 17, 2006 between the
Bahamas Union of Teachers,
and the then government of
the Bahamas.
"Executives of the Bahamas
Union of Teachers have met
with Carl Bethel on two occa-
sions since he assumed the
responsibility as Minister of
Education, Youth, Sports, and
Culture and there was never
any offer of additional salary
increases to teachers.
"However, the union wel-
comes any discussion with the
government on the matter of
increased salaries for teachers
outside of the agreed amounts
in the Industrial Agreement,
as we seek to get the maximum
salaries and benefits for our
members," she said.

Velvet Outd
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S'Paper Fans, Balls & Garlands iln Fco:!our:

uncovered one of the largest
money seizures ($7 million) in
the history of the Bahamas.
"We are committed as a
Royal Bahamas Police Force to
serve you here in Grand
Bahama, and all over the
"We have to protect ou:
community from the vicious
violence that has played out on

the streets by these insensitive
criminals who want to take us
all over.
And so, I urge you to play a
great role in this new strategy -
it is also an effort to tackle the
fear of crime and engage citi-
zens to participate more in
deciding what kind of policing
they want," he said.
* SEE page 10

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MONDAY, JUNE 25, 2007, PAGE 3





PAGE 4, MONDAY, JUNE 25, 2007


The Tribune Limited
Being Bound to Swear to The Dogmas of No Master

LEON E. H. D UPUCH, Publisher/Editor 1903-1914

(Hon.) LL.D., D.Litt.

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

Switchboard (News, Circulation and Advertising) 322-1986
Advertising Manager (242) 502-2352
Circulation Department (242) 502-2387
Nassau Fax: (242) 328-2398
Freeport, Grand Bahama: '7-(242)-352-6608
Freeport fax: (242) 352-9348

Cry for help is heard by community

LAST WEEK Thursday The Nassau
Institute invited Mr James Shikwati of
Kenya, founder of the Inter Region Eco-
nomic Network (IREN), to speak on how
his organisation is teaching Africans to help
themselves instead of relying on foreign aid.
It was foreign aid, he reasoned, that lulled
Africans into a lethargic slumber as they sat
and waited for the world to provide their
basic needs. Speaking of the disastrous
effects of western development policy in
Africa, a country rich in natural resources,
Mr Shikwati said that "the countries that
have collected the most development aid
are also the ones that are in the worst shape.
Despite the billions that have poured in to
Africa, the continent remains poor."
Mr Shikwati said the vision of his organ-
isation is to "encourage Africans to rely less
on government solutions to problems that
they can and should solve on their own."
In the Bahamas there are many who
would agree with Mr Shikwati, but in the
past few weeks one of their number stepped
to the front, saw a problem, hit on a solution
and mobilised a nation to do something
about it. Two weeks ago today his mission
has been accomplished.
Recently Mark Roberts of Tile King was
listening to a talk show while driving to his
office. Dr Ada Thompson was being inter-
viewed. She was talking about the urgent
needs of Princess Margaret Hospital's dial-
ysis unit. She described the run-down con-
dition of the present machines, how patients'
treatments had to be delayed because of the
increased down time needed to service the
old machines. She appealed to the public
for help.
Mark remembered reading last year
about the infections in the dialysis unit, even
of deaths caused by patients not being able
to get their treatments. Dr Thompson's talk
that morning struck a chord. Mark did not
wait to get to his office. He dialed the radio
station from his cell and spoke with Dr
Thompson. He pledged to raise enough
money for four machines, and promised to
do his best to raise funds for four more -
eight altogether.
Dr Thompson was so overwhelmed by
his immediate response to her plea for help
that within the hour she was at his office
explaining how she was beyond herself with
Mark then visited the dialysis unit at the
hospital to see exactly what was needed. It
was obvious that the unit was too small for
an extra eight machines. This meant that

the old machines would have to be retired to
accommodate the new. However, if the unit
could be enlarged, the old machines could be
refurbished and continued in use next to
the new, bringing the dialysis department's
total to 16 machines.
A friend, confident that Mark would be
able to raise enough funds to pay for at least
four machines, had them delivered to the
Bahamas on credit. Mark's father, Larry
Roberts of Nassau Realty, who is on the
Princess Margaret Hospital Memorial board,
pledged $5,125 a quarter of the cost of
one machine to start the fund.
Mark then went in search of his friend
Robert Carron, a director of The Tribune, to
plan a campaign that involved Sean Moore,
Tribune marketing manager, and Steve
Haughey, manager of 100 JAMZ and its
partner radio stations. Two weeks ago today
the campaign started to roll. The goal was to
raise $147,600 to purchase eight dialysis
machines at $20,500 each. This sum includes
delivery to the hospital, installation, training
of staff and a year's technical support.
The community was magnificent. Private
citizens, clubs, businesses, banks, and insur-
ance companies were anxious to help. The
cheques kept coming for one machine,
two machines, a half of one, a quarter of
'another until by today the target has not
only been met, but exceeded. In the last 24
hours multiple donations have been com-
ing in. By the time they are collected it is
expected that the fund will have enough
money to purchase two or three extra
Family Islanders who need dialysis now
have to fly to Nassau to spend four hours on
the machine for each treatment. Mark says
that depending on the results of their
research as to whether there will be staff to
handle the units, they hope to send the extra
machines Freeport, Abaco and Eleuthera
- one for ach island.
Mark Roberts has shown how instead of
sitting down and complaining about what
government has failed to do, citizens can
get together and solve their own problems.
The community has been complaining for
years about the hospital's dialysis unit. It
took one man and a telephone call, backed
by a newspaper, several radio stations and
the community to deliver the much needed
units. It is now up to government to enlarge
the hospital's dialysis department, get the
nev, machines installed, and give patients
the reliable, first class service that they

A person charged

with murder should

not be granted bail

EDITOR, The Tribune.
THERE can be not a shad-
ow of a doubt that the very high
incidence of murder in the Com-
monwealth of The Bahamas at
this time is totally unacceptable!
When it is realized that there
have been 41 cases of murder
so far this year, in this little
nation of just over 330,000 souls,
and that this number far exceeds
that recorded by this time last
year, it is certainly imperative
that every possible effort be
made by each and every one of
us "to turn around" this situa-
tion and reverse this most dis-
turbing trend. Indeed, such a
high rate of murder, that most
heinous of crimes, strongly pro-
hibited both in the Ten Com-
mandments and the Sermon on
the Mount (Exodus 20:13; Matt
5:21-23) and condemned by the
ethnical codes of all major reli-
gions, is entirely incompatible
with the concept of The
Bahamas as a Christian nation.
This writer can recall the time
when there were only a few
murders in the course of a year;
but just last week there were
reports of murders being com-
mitted on literally a daily basis.
So much so, that it has been
hard to "keep up" with the num-
ber of reports in the media of
one murder after another!
Such being the case, it is sub-
mitted that the call of the organ-
isation known as Family Against
Murder (FAM) for the revision
of the 1944 Bail Act is most
timely. For in every part of our
Commonwealth citizens are
deeply concerned about the
amount of crime and violence
taking place and many do not
feel safe. This is not good.
Those of us who live in Grand
Bahama were utterly shocked
when a very promising young
lady, a College of The Bahamas
student, trying to support herself
by working in a small business
establishment was most brutally
murdered. Who cannot -be
touched by the spectacle of a
promising Bahamian "cut off"
in the flower of youth "by a
senseless act of murder!" And
there are many others whicli
really are very upsetting to con-
template. What is even more
disturbing is the fact that a con-
siderable number of these recent
acts of violence have been done
by persons while "out on bail."
Yes, persons "on bail" who have
already been accused of com-
mitting most serious crimes.
It is therefore considered
opinion, and indeed, firm con-
viction of this writer that, under
no conditions or circumstances
whatsoever, should a person
charged with murder be granted
bail! Once a person is so
charged, he/she should be

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remanded in Her Majesty's
Prison until the case is prose-
cuted in the Supreme Court.
There should be absolutely no
"ifs", butss", or extenuating cir-
cumstances to be taken into con-
sideration. And all persons con-
cerned should know "from the
word GO" that once a person is
charged with murder, the tak-
ing of the life of another, he/she
will be sent to prison and remain
there until the case is brought
up in the Supreme Court.
Let us bear in mind that mur-
der is the only crime or sin for
which restitution is not possible.
If you commit any of the other
sins prohibited in The Ten Com-
mandments gross disrespect
for parents, theft, adultery, cov-
etousness, bearing false witness
against them then you can
take steps to make amends. But,
if you take a person's life, there
is nothing you can do to restore
Yes, when one takes into con-

sideration the sanctity of human
life, it is realized that this is such
a serious offence, that only the
most severe punishment can be
sufficient or just. And while
there is the opportunity for the
extension of mercy in our law
("The Royal Prerogative of
. Mercy"), it is utterly essential
to ensure that "first and fore-
most", justice is administered.
Justice first, then mercy! (See
Micah 6:8).
The first step then in meeting
the urgent need for the restora-
tion of consider ze in the admin-
istration of justice in our young
nation must be the revision of
the Bail Act in order to ensure
that, under no circumstances
whatsoever, should anyone
charged with that most serious
of crimes (repulsive to God and
man) murder be granted
Yes, "they should go straight
to jail" and remain there until
either acquitted or convicted in
a Court of Law.

Grand Bahama,
June 22,2007.

Other voices at Polymers

International Limited
EDITOR, The Tribune.
OFTENTIMES people may read negativity in an article such as the
previous one posted in this daily newspaper, in which some of the
employees of Polymers International Limited (PIL) have accused man-
agement of "violating labour laws regarding the 40-hour work week," and
automatically take the position of "bad-mouthing" the accused, without
bothering to find out the truth of the matter.
In Part Two, Section 8.1 of the Bahamian Labour Act, it states that:
"...no employer shall cause or permit any employee to work an excess
of eight hours in a day or forty hours in any week..." Section 83
"Notwithstanding subsection (1), in any industrial, construction, man-
ufacturing or transshipment enterprise.. .enforcement service the hours
of employment of an employee for the purpose of such employment may
exceed the standard of hours of work in a day up to a maximum of twelve
In regards to over-time pay; Section 10 states that overtime is entitled:
"Where an employee is required or permitted to woek in excess of the
standard hours of work..."
At PIL (an industrial and manufacturing company), all employees,
regardless of whether they are eight or twelve-hour workers are paid at
an over-time rate after the standard/required forty-hour work week
(defined in Sections 8.1 and 8.3). Hence, it saddens us when "dirty laun-
dry" is unnecessarily aired. While the claims are of the utmost importance
to those concerned, it is also imperative that we educate ourselves
before pointing fingers. The above governmental information was tak-
en from and can be found at
supplementary Act No 27 of 2001(2).html#a27of2001s10.
We the Other Voices at PIL would now like to shed light on the
many positive qualities of this same exact company. Allow us to name a
few of the many benefits and incentives that we are privileged to partake
in. There is free personal medical insurance that covers airlift services,
free annuals, and discounted family coverage. In addition we have eye
and dental coverage, life and long-term disability insurance. Other ben-
efits include School Fee Reimbursement for children of employees and
Tuition Reimbursement, which is for employees, that wish to further their
education. The incentives include, Safety Awards, Quarterly Bonuses,
End of Year Bonus, and many Social Events in order to promote
employee camaraderie.
A note to the general public: Be aware that there are two sides to a
coin. While we do not wish to take away from the concerns of our fellow
co-workers, there are many other voices at PIL, which appreciate and are
grateful for the many things that are afforded to us.
Grand Bahama,
June, 2007.


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MONDAY, JUNE 25, 2007, PAGE 5



0 In brief

Call for
entries for
this year's
film festival
THE Bahamas International
Film Festival (BIFF) is calling
on all interested film makers to
enter their movies by August 23.
The annual festival, which this
year will take place from Decem-
ber 6-13, is a celebration of films
through events and activities such
as panels, an awards presenta-
tion and a closing night bash at
the Atlantis Paradise Island
resort one of the festival's
founding sponsors along with the
Ministry of Tourism.
The festival presents three
juried competition categories:
The'"Spirit of Freedom" (both
narrative and documentary sec-
tions) award presented by
Chopard, and the "New Visions"
award going to the filmmaker in
the narrative section presented
by Hard Rock Cafe.
Audience awards, in which
all festival films are eligible, are
also presented in the categories
of "Best Narrative Feature" and
"Best Documentary."
BIFF last year showcased a
slate of 60 narrative, documen-
tary and short films over the
festival's four days.

Husband and
wife charged
with firearm
FREEPORT- A husband
and wife have been arraigned
in Freeport Magistrate's Court
on firearm possession charges.
Hem Benjamin Solomon, 30,
and Latoya Margie Solomon,
29, of 8 Frobisher Drive,
appeared in Court Two before
Acting Deputy Chief Magistrate
Helen Jones on charges of pos-
session of an unlicensed firearm
and ammunition.
It is alleged that on June 15,
the Solomons were discovered
to be carrying a .25 semi-auto-
matic pistol loaded with three
".25'bullets inside a playstation'
compartment in a carry-on bag
at the security checkpoinfi
The couple were represent-
ed by Rufus Allen. They both
pleaded not guilty to the
charges and were granted
$5,000 bail with two sureties.
The matter was" adjourned to
March 4, 2008, for trial.

Man stable
in hospital
after being
shot in neck
A MAN narrowly avoided
becoming the country's 42nd
murder victim after being shot
on the weekend during an alter-
cation in the Robinson Road area
According to reports, the
shooting victim was among a
group of men who were stand-
ing in the street in the Robinson
Road area at around 3pm on
Saturday when an unidentified
man approached them.
"A firearm was suddenly dis-
charged, a handgun, and one of
the men he is in his early 30s -
sustained hits to his neck and
back area," press liaison officer
Asst Supt Walter Evans told
The Tribune yesterday.
The man was rushed to
Princess Margaret Hospital,
where he is currently listed as in
stable condition.

Miss Bahamas
World entrants
THE 15 contestants of this
year's Miss Bahamas World
competition will be officially
presented to the public on Tues-
The young women will be
introduced during a special
event at 7pm at the historic
Pompey Museum in downtown

A reception will follow
immediately at Diamonds Inter-
nati nal, where the competi-
tion's web site will be officially
All 15 contestants, Miss
Bahamas organisation commit-
tee members, Miss Bahamas
World 2006/07 Deandrea Con-
fliffe. and various sponsors will
attend the event.
IFri.lizer, Fungicide,

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* FROM left are: Lexion Louissant, zookeeper, Ardastra Gardens and Zoo, and Bruce and
Coner Argyle, customers of Furniture Plus.

Ardastra animals break out for Father's Day

THIS youngster seems a lit-
tle concerned as his father pos-
es with "Mary", the South
American Boa from Ardastra
Gardens, Zoo and Conserva-
tion Centre.
On Saturday, June 17, Ardas-
tra Gardens teamed up with

Furniture Plus, one of its cor-
porate sponsors, to give fathers
a memorable Father's Day
Fathers and passers-by were
able to select one of Ardastra's
animals, who were at the Fur-
niture Plus Showroom, to pose

for their 2007 Father's Day
photo shoot.
Prizes were awarded
throughout the day, including
movie tickets and a compli-
mentary annual membership
to Ardastra Gardens, Zoo and
Conservation Centre.

Tribune Staff Reporter
FORMER prime minister
Perry Christie yesterday
charged that by putting the
Straw Market contract on
hold, the FNM has shelved "a
signature development," which
would have been part of the
revitalisation of downtown
"The fact of the matter is
that the Straw Market would
be a signature development for
the new Bay Street as a part of
the Nassau redevelopment
programme that was shelved
by the government and the
FNM are in the process of try-
ing to undo what has already
been done," Mr Christie said
during his weekly internet chat
on the PLP's web site.
The former prime minister
said that thanks to his party's
efforts, the straw vendors now
recognize the merits of the
PLP's plan for the market as
opposed to the FNM's flawed
"I think it is important to
note that when we met with
the straw business people this
past week, we were simply
attempting to bring truth to
the discussion about the con-
struction of the market.
"There were many conflict-
ing and often inaccurate
reports coming from the gov-
erning side regarding the abil-
ity of the winning contractor,
the transparency of the process
and the value of the entire pro-
ject," he said.
Mr Christie said that the



report from former Works
Minister on Friday. was a
"detailed and accurate
accounting of the process from
start to finish."
"What the vendors found
out was that the stalls were
indeed included in the contract.
Thev also found out that our
plan was a practical and excit-
ing jump off for the revitalisa-
tion of our tourism product.
"I think m-any'.oti them
realized that the l ioposed
move to the Princd Jorige
Wharf was impractical and
would cause catastrophic dam-
age to their business because
of the security restrictions in
place as well as the space lim-
itations," Mr Christie said.


Mr Roberts, while speaking
to a group of vendors at the
British Colonial Hilton on Fri-
day, said that the FNM's can-
ceiling of the straw market
contract is an "unjustified" and
"shameful" assault on Bahami-
an straw vendors.
"Straw vendors, there was
no reasons to stop the con-
struction of the Market. The
design was vetted in competi-
tion by judges I am advised the
FNM chose prior to them
demitting office in 2002. We
just continued the competition
programme," he said.
Mr Roberts also criticised
the suggestion of current
Works Minister Earl Deveaux
to move vendors from Bay
Street to the Prince George

Prince Charles Drive

Dock site.
"The warehouse location was
poor and off the beaten track
of the tourists. We imagine that
the structure would be hot or
they would have to air condi-
tion the structure which would
be at an enormous cost," he
Mr Christie said yesterday
that he believes that many of
vendors who heard Mr Robert's
report "left satisfied, knowing
the truth of the matter coii-
cerning that project."


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Christie condemns

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I I I I Ir



PAGE 6, MONDAY, JUNE 25, 2007


* -~-.*- -
It ~rii ~, -~ '~'~:


Crowds turn out

The Junkanoo Summer Festival finally was able
to start this weekend at Arawak Cay after being
postponed for two weeks. Junkanoo performer
turned out in force to rush down the street.
(Photos: Felipn Major/Tribune staff)

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If so, call us on 322-1986
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PAGE 8. MONDAY. JUNE 25, 2007

Time for a Single Caribbean dollar

* By Sir Ronald Sanders
(The writer is a business con-
sultant tiand former Caribbean

SERIOUS attention has
to be given to the cre-
ation of a single monetary
union and a single currency by
thirteen countries of the
Caribbean Community (CARI-
COM) who created a single
market earlier this year.
If not, the single market will
begin to unravel as free move-
ment of goods and services fails
to bring significant benefits
because transaction costs
remain high and exchange rates
continue to foster uncertain-
A monetary union and a sin-
gle currency in the countries of
the Caribbean Community and
Common Market (CARI-
COM) would be a boon to

commercial operations in the
region from the smallest trader
to the largest corporation. It
would also be a delight to mul-
ti-destination tourists and to
the ordinary CARICOM citi-
zen travelling from one country
to another.
CARICOM countries need
look no further than within
their seven smaller member
states, the countries that com-
prise the Organisation of East-
ern Caribbean States (OECS),
to witness some of the benefits
of a currency union and single
In the OECS countries, cross
border investment has
increased, the currency is the
strongest in the region, trans-
action costs for business is less
than they are with other CARI-
COM countries, and the people
of the area are able to travel
without the burden of having
to change their money.
During the recently con-

eluded Cricket World Cup
tournament in the Caribbean,
the absence of a single curren-
cy in the much vaunted "single
economic space" was a glaring
weakness. Persons travelling
from one country to another,
except within the OECS, found
that they had to endure the
inconverience of changing
money at every destination,
often losing heavily on
exchange rates.

na recent paper to
CARICOM Heads of
Government, noted Economist,
Norman Girvan, observed:
"Among the advantages of
monetary union are reduction
of transaction costs of intra-
regional trade, investment and
remittances; increased price
transparency, reduced
exchange rate uncertainty,
enhanced efficiency of finan-.
cial markets, and a deepened
sense of regional identity."
And, Barbados Central


lever over countries which are
so dependent that they should
maximise whatever opportuni-
ty avails to increase their room
for manoeuvre."
To be fair to the US, no per-
son in authority in the US has
suggested that CARICOM
countries should opt for the US
dollar as their currencies. But,
the reality is that cross-border
transactions among CARI-
COM countries are conducted
in US dollars, and in the
absence of a single monetary
authority and a single currency,
the US dollar is the measure of

keA -_ __:_I-

N SIR Ronald Sanders

So, too, could the Bahamas.
But it has chosen not to join
the single market because a
large number of the Bahamian
public is wary of doing so. They
don't see what's in it for them,
and they fear an influx of
Caribbean immigrants and
competition from Caribbean
professionals who would have
the right of establishment in
the Bahamas. It will require a
prolonged education pro-
gramme and, more especially,

S' Bank governor, Dr Marion n all counts It is hign-
AIR-CONDITIONERSI AIR4 T B Williams, has warned that the ly desirable for


STAY ACOOL During the recently
LALLconcluded Cricket World Cup
-- tournament in the Caribbean,
.60.00 BT. the absence of a single

S.. currency in the much vaunted


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"single economic space" was a
glaring weakness.

United States dollar might
emerge as a default common
currency if CARICOM coun-
tries do not move toward a sin-
gle currency.
In 1992, another Barbados
Central Bank official, Dr
Delisle Worrell, had cautioned
against adopting the US dollar
as legal tender, saying that the
lack of credible, convertible
Caribbean currency "may give
the US an enormous political

lish a single currency. The
West Indian Commission in its
1992 report, "Time for Action",
had suggested to CARICOM
governments that "immediate
steps should be taken towards
the goal of a common curren-
cy." And the Commissioners
went on to propose that it
should. "be attained on a
phased basis and under
arrangements which take
account of existing exchange
rate differentials."
In reality, the seven OECS
countries, Barbados and Belize
could probably establish a sin-
gle monetary authority and sin-
gle currency within a short
space of time. Their exchange
rate and other economic fac-
tors are close enough to merge
with little disruption.

gle market. Its economic con-
ditions and political institutions
are very far from satisfactory,
and it will require considerable
improvement to gain member-
ship. Therefore, a single cur-
rency in which Haiti could par-
ticipate is not remotely on the
Other countries in the single
market Trinidad and Toba-
go, Jamaica, Guyana and Suri-
nam could operate on a par-
allel track with a single curren-
cy area until they satisfy criteria
to join.
A reference of how this
could be done exists now in the
European Union (EU). Four-
teen EU member countries are
not part of the European single
currency, the euro and the
common central bank. They
are required to achieve "sus-
tainable economic convergence
with the euro area." This
includes price stability, a low
level of public debt, and a sta-
ble exchange rate. In the mean-
time, agreements have been
worked out to facilitate their
trade, investment and currency
conversion with the other thir-
teen EU members, but their
costs are higher.
A single monetary authority
and a single currency for
CARICOM countries could
bring enormous benefits for
more investment, greater trade,
better prices for goods and ser-
vices and easier movement of
people for tourism and com-
merce. The CARICOM single
market, and the single eco-

In reality, the seven OECS
countries, Barbados and Belize
could probably establish a sin-
gle monetary authority and
single currency within a short
space of time.

negotiated exceptions in any
agreement for the Bahamas to
join a CARICOM single mar-
ket, let alone a single currency.

H aiti is the other coun-
try that is a member
of CARICOM but not the sin-

nomic space would then
assume far greater relevance to
the lives of Caribbean people.
It is time for serious consid-
eration of a single Caribbean
Responses to: ronald-

of things we
think, say or do
1. Is it the TRUTH?
2.Is it FAIR to all
3. Will it build
4. Will it be
all concerned?


our ainphon lie isdow

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Thompson Blvd.Oaks Field



..And God Created the Earth A

Aarwn Copland's

The Men and Boys

SundayJuly 1, 2(o a
7 pr (, s
_Chrit c,0. Cashed. ... .

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Former BDM calls

for independent

committee to

investigate police

A FORMER member of the
Bahamas Democratic Move-
ment is again calling for the
establishment of an indepen-
dent committee to investigate
allegations of police brutality
and corruption.
In a press statement, former
BDM member and candidate
Omar Archer claimed that the
practice of having police offi-
cers investigating other police
officers has proven to be "coun-
Mr Archer said he is very
concerned about the various
reports of criminal behaviour
on the part of some police offi-
Over the years, he said, these
reports have included reports
of bribery, drug dealing, sexual
exploitation of minors as well
as spousal abuse.
"This is indeed sending a very
disturbing and alarming mes-
sage," he said.
Mr Archer also expressed
concern about the increasing
disconnect between the police
and the inner-city communities.
"Leading up to the previous
general elections I called upon
the government to implement
an intelligence based commu-
nity initiative programme to
attempt to narrow the divide
between the police officers and
the young men in various over
the hill communities," he said.
Mr Archer said that the coun-
try is losing too many young
men and women "to the
The former BDM candidate

Tribune Freeport Reporter
FREEPORT The Freeport
Container Port recognized four
young graduates on .their suc-
cessful completion of a two-year
apprenticeship programme at
the container port on Friday.
The graduates Danny
Pierre, Benjamin Forbes, and
Pristol Hunt of Eight Mile Rock
High, and Rashad Smith of Jack
Hayward High will be
employed as straddle carrier
technicians at FCP.
A graduation ceremony was
held at the Freeport Harbour
Convention Centre, where
Pineridge MP Kwasi Thomp-
son, Deputy Speaker of the
House of Assembly, delivered
the commencement address to
the graduates, their parents, and
container port executives.
"I commend the Freeport
Container Port for having the
vision to implement such a pro-
gramme a programme that is
designed to provide...skills
which are world-class, and at a
level which not only gives local,
but also international recogni-
tion," said Mr Thompson.
He also commended the
young graduates for embracing
the opportunity afforded them
for specialised training.
Mr Thompson said that the
International Labour Organisa-
tion (ILO) has reported that
young people are up to four
times more likely to be unem-
ployed than more mature adults.
He noted that although the
national unemployment figures
in the Bahamas were reduced to
around 7.5 per cent, the figures
were considerably higher when it
came to the nation's youth.
"While it is a certainty that
the responsibility of the gov-
ernment is to ensure that its cit-
izenry is educated and equipped
to take advantage of the eco-
nomic opportunities, it cannot
and must not be the sole
responsibility of the govern-
ment," he said.
Mr Thompson said that indus-
tries must ensure that new
entrants in the workplace
obtained relevant knowledge
and skills to perform proficient-
ly in a specialised environment.
"It is therefore, timely and
noteworthy that this pro-

Former government

criticised for not tackling

rising violence in country

* OMAR Archer

also expressed concern over the
recent surge in violent homi-
cides in the country.


"By April of this year, just
four months into the year, there
was on average one murder
every four days.
"Now in the month of June at

one point there were five mur-
ders in a span of 10 days," he
Mr Archer criticised the for-
mer administration for not
implementing sufficient and
pro-active initiatives to curb the-
surge of violent crimes in the
"The burden of the respon-
sibility must, however, lie
squarely on the shoulders of
the parents and those who are
indeed sparing the rod and
spoiling the child now that
we are experiencing what can
be referred to as the residual
effect of their failures as it
relates to the haunting prob-
lem of crime in this country,"
he added.
Teenage pregnancy, prostitu-
tion, sexual exploitation of
minors, as well as widespread
drug and alcohol abuse are just
some of the problems affecting
some of the over-the-hill com-
munities, he said.
Mr Archer said he was con-
fident that the FNM adminis-
tration will make a strong effort
to find a way to solve these
"Like never before, the very
preservation of our Bahamian
culture is now at stake,' "he

gramme has been initiated by
the container port. You have
demonstrated trust and confi-
dence in Bahamian workers,
and for that our nation is most
grateful and I encourage you to
continue this programme and
expand it," he said.
He encouraged more private
industries to invest in the youth
and provide more opportuni-
ties for them.
Godfrey Smith, container
port director, said the engi-
neering apprenticeship pro-
gramme, which targets recent
high school graduates, started
four years ago, initially in con-
junction with BTVI, and con-
tinued as an in-house pro-
gramme over the last two years.
The four graduates received
training in welding, hydraulic
systems, electrical, writing and
producing reports, container
terminal safety, tool handling,
maintenance and trouble shoot-
ing principles.
"The programme has been
very successful... and we plan
to put another six young men,
or women into the pro-
gramme," said Mr Smith.
Candidates must be recent
high school graduate with a
vocational background. Acad-
emic students with a strong
interest and technical inclina-
tion also will be considered.
Although the graduates will
be straddle carrier technicians,
Mr Smith said they will proba-
bly receive further skills training
to broaden their skill base into
School Sdperihtendent San-
dra Edgecombe said she was
pleased with the success of the
container port apprenticeship
The former principal of Eight
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Danny Pierre received the
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MONDAY, JUNE 25, 2007, PAGE 9


out I oI1wint rin

" ~k.F 3

1 nc I rlt5lUI'


Tributes paid to Ellison Greenslade

* PAUL Farquharson

Tribune Freeport Reporter
FREEPORT Hundreds of
residents and well wishers
attended an appreciation and
farewell celebration on Friday
for senior ACP Ellison
Greenslade, who was honoured
for his outstanding leadership
over the past seven years in the
northern region.
Special tributes were paid to
Mr Greenslade by Sir Albert
Miller, CEO of the Grand
Bahama Port Authority, Police
Commissioner Paul Farquhar-
son, and ACP Eugene
Cartwright, the officer in charge
for Grand Bahama.
About 650 guests packed the

grand ballroom of the Westin
at Our Lucaya Resort, including
manv prominent residents of
Freeport, as well as police offi-
cers, some of whom travelled
from Abaco and Bimini for the
US law enforcement officials
from US Customs and Border
Protection and the US Drug
Enforcement Agency, also
attended and made special pre-
The highlight of the evening
came when Mr Greenslade and
his family were presented with
several gifts, including his/hers
Rolex watches and keys to a
brand new 2007 Dodge Duran-
go Jeep. They also received a
lifetime supply of gasoline.




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* Honda Legend, Accord and Civic
* Nissan Cefiro, Bluebird and Sunny.
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It was an cnotlional but
proud iImom nlUt for Mr
G(rcenslade, wh() was well-loved
by his fellow officers and per-
sons in the ( irand Bahama com-
Mr Greenslade thanked
everyone for their tributes, and
.gifts. "All of you across the
northern Bahamas Grand
Bahama, Abaco Bimini and the
Berry Islands I have a grateful
heart, I thank you for your love
and support," he said.
He commended the police
force for exceptional results
over the years, dealing with the
major criminal matters, includ-,
ing the missing boys' case, to
dealing with hurricane rescues,
and major drug arrests.
"We have had 100 per cent
detections in May and June, and
we wish nobody get hurt..., but
when they commit offences and
break the law we will lock them
utip," he said.
After serving seven years as
the commanding officer for
Grand Bahama, Bimini and
Abaco, Mr Greenslade was
recently promoted and trans-
ferred to New Providence.
During his tribute, Sir Albert
Miller, a former police official,
described Mr Greenslade as a
"people's police officer."
"The reason why he is so
popular and the reason why so
many of you are here tonight is
because... he does not sit in his
office," he said. "1I came to
know that he is a man of deep
conviction; a man that loves
his family and loves the police
force, and would not have
another profession, no matter
what happens," he said.
Sir Albert added: "He has left

* ELLISON Greenslade

Freeport in a much better
ACP Eugene Cartwright,
officer in charge of Grand
Bahama, said Mr Greenslade
provided outstanding
leadership, and made vari-
ous major achievements while
serving in Freeport, including
spearheading the establishment
of the Police College in
Freeport, where officers are
now recruited and trained for
the first time outside of New
He also pointed out many
improvements, including the

computerisation of police sta-
tions in the northern
region and installation of new
communication system, and
introduction of regular COM
stat meetings.
Police Commissioner Paul
Farquharson commended Mr
Greenslade for his exemplary
service in Grand Bahama.
"1 had many choices to send a
commanding officer to Grand
Bahama, and I don't believe I
made a bad choice when I
selected this young, bright, able
Assistant Commissioner
Greenslade," he said.

Sandals resort praised for green efforts

SANDALS Grande Ocho
Rios Beach and Villa Resort in
St Ann was named 2007 Green
Hotel of the Year at the Amer-
ican Express Caribbean Envi-
ronmental Awards at the open-
ing ceremony of the Caribbean
Hotel and Tourism Conference
in Miami. Florida.
The resort was honoured for
demonstrating responsibility for
and commitment to environ-

mental and social performance
through its policies, plans and
Sandals Resorts' chairman and
founder, Gordon "Butch" Stew-
art, accepted the award from the
chairman of the Caribbean
Alliance for Sustainable Tourism
(CAST), Sir Royston Hopkin.
On hand to witness the presen-
tation were Clive Miller and Craig
Clark, Sandals Grande Ocho

Rios' Hotel manager and envi-
ronmental manager respectively.
The resort received the high-
est combined scores of any
resort in the Caribbean based
on a number of criteria, includ-
ing environmental management
and stewardship, conservation
of natural resources, awareness
and community activities, infra-
structure and technology, and
health and safety.

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Author brings her

book to the stage

* MARINE Minus

HAYING made a name for
herself s a motivator and inspi-
ration to'women, poet, preach-
er an/i playwright Marlene
Minus is set to stage a play
based on her debut book "The
Samaritan Collection".
The book, which was origi-
nally published in 2001, is com-
prised of two collections of
poetry and deals with the
extremes of relationships for
women whether with men,
their family members or with
"I am truly excited about
seeing what started out as just a
little idea come to fruition.
"The book is basically an
analogy to the sinful Samaritan
woman at the well who was for-
given by Christ. Through these
poems, I try to identify that the
pain of rejection that forbids us
from drawing from and pour-
ing into the well of love and
relationship," Ms Minus said.
The poet emphasised that
despite what many readers may
presume, the love she talks
about in her works is the love
for God.
Ms Minus is working with
another minister, L Terez
Davis, who is better known by
the name of her alter ego
'Dynamite Daisy', to bring her
play to life on stage. Rev Davis
serves as the director of the
play. 1
"When .I"read Marlene's
poems I was floored by the way
she allowed the core of her soul
to be exposed. She has been
blessed with a talent and it's not

The Tribune wants to hear
from people who are
making news in their
neighborhoods. Call us
on 322-1986 and share
your story.

* THE cast of The Samaritan Collection prepare for this weekend's production at the Dundas.

-\ a A
* ARTHIA and DeAngelo act out Minus' 'Eortified."

just writing it's the gift of
speaking to women.
"In these times when we
have more unmarried women
outnumbering wives, in the
delivery rooms and so many
women falling victims to rape,
abuse and murder, this play is
something that those silent vic-
tims can come to and see them-
selves," Rev Davis said.
Ms Minus added that she is
also being supported by the
Bureau of Women's Affairs.
"These are perilous times for
women and we can't always
admit something is wrong or
admit we need help. I hope that
the women who see themselves
in this play can open up and
release their inhibitions," she
The cast of the production
consists of several familiar faces
who have appeared on stage
with Dynamite Daisy in the past
Participants in the produc-
tion include choreographer Paul
Whylly, the Revere Ensemble
School of Dance Ministry and
Ms Minus' son, Andrew, who
will be showcasing his drum-
ming talents.
"The Samaritan Collection"

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Open All Day Saturdays


will be performed at 7.30pm at
the Dundas on June 29 and Sat-
urday, June 30. Tickets are
available Oasis Bookstore, the
Bible Bookstore, the Juke Box
and Logos Bookstore.

* "You had me deceived by your lies but you
have been discovered!" Phillipa plays Minus'
"Island Woman".

303 BAY I1REEI. NASSAU ?4? 326 0557

* MINUS' "And I Am Alone" portrayed by



EST. 1941

MR75 WMAM,,m.-A

I __ ii

MONDAY, JUNE 25, 2007, PAGE 11





HALSBURY CHAMBERS DONATES Pictured (1-r) Nerissa A. Greene, associate, Halsbury,
Chambers; Thelma Rolle, public relations officer, Princess Margaret Hospital, and Robert K. Trecor
law/office clerk, Halsbury Chambers.

$20,500 for dialysis

machine campaign

FROM page one
machines for the Princess Mar-
"Scotiabank is particularly
pleased to make this donation
because two of our staff mem-
bers, including a senior manag-
er, face the challenge of renal
failure," said Debra Wood, the
bank's senior manager for mar-
keting and public relations, in
explaining Scotiabank's deci-
sion to partner with other
organizations to purchase the

"Moreso, whatever Scotia-
bank can do to help ensure the
nation's health is well within
our social corporate responsi-
bility, one that we take quite
seriously," she said.
Also supporting the cam-
paign was Halsbury Chambers
with a cheque for $2,000.
We have accepted the chal-
lenge to help those who are in
need of more than just legal
assistance, but those in need of
medical service assistance," said

Donald Saunders, an associate
of the law firm. "Too often we.
hear of persons and/or charita-
ble organizations in need of,
assistance, but we turn a deaf-
ear. Today, we at Halsbury,
Chambers are proud to be
among those who have listened
and acted on that call. A call
that can only have good results,
for our people and our nation as
a whole, because we know that-
our premier hospital is in urgent
need of dialysis equipment that,
will save lives," he said.

Two planes reportedly flatten tyres

FROM page one
idence booths were unable to comment on the
incidents yesterday and The Tribune was unable
to contact Bahamasair managing director Henry
In its 2007 manifesto, the FNM said it would
upgrade the airport in Marsh Harbour by
installing air traffic control towers and con-
structing a new terminal.
Minister of State for Tourism Branville McCart-

ney said in his contribution to the 2007/08 budget
debate that his government has allocated funds to
address the concerns that the Civil Aviation
Department has about some of the Family Island
"The FNM government has allocated a total of
$17,588,482 for the Department of Civil Avia-
tion in the 2007/08 budget. Of this amount
$6,082,800 is allocated for capital projects. This
does not include the $2.5 million allocated under,
the Ministry of Works' budget for various Out
Island airport projects," he said.

,t .,,. I"


p- h,:Jp contest

acdline extended to Friday June 29th 2007

ill "- -'lected to be included in the 2008 Bahamas
' .I11 receli',.e a $500 gift certificate

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!,.!- 12, MONDAY, JUNE 25, 2007


Prom brings

traffic to standstill I

FROM page one
Tribune watched as vehicles pulled in front of
he hotel, parked, and released balloons as
the children got in the cars. The onlookers
cheered. In the distance, a brass band was
heard starting up presumably to join in the
A festivities.
Tourists got out of taxis, which could not
take them to their destinations, and walked
back to their hotels. Some motorists, so frus-
trated by the chaos and mayhem, drove their
SUVs over the Cable Beach median to join
the western flowing traffic to escape the "park-
ihg lot" that the prom celebration had created.
Others, simply honked their horns and
shouted obscenities all in vain. This con-
tinued, despite the fact that the police station
is almost directly across the street from the
hotel, and in plain view of the traffic back up.
"Where are the police!" yelled one motorist.
"These (fellas) need to do their job. If they
left one lane open, traffic wouldn't be backed
tip all the way like this," motorist Prescott
Smith screamed. He, and many other
motorists, felt that the police, who had a full
view of the spectacle, could have taken cor-
rective action, but did nothing.
Taxi driver Preston Bain, who had five
tourists in his van heading to Arawak Cay for
dinner, had to let his passengers out after sit-
ting in traffic for more than an hour.
"I called my operator to please send cops
out here to pull some traffic. Traffic is even
backed up all the way to the airport! This is a
bunch of stupidity!" he yelled.
"These children nowadays aren't even grad-
uating with a diploma. They can't even get a
"D' but they know how to show up for a
prom," said another irate motorist.
While many complained about the police's
failure to take charge, the head of security at
Breezes, Mrs Brown, said that the police had
in fact been at the hotel at 9pm.
However, she said, they left shortly after-
Mrs Brown said that her security had
Already moved the prom off Breeze's com-
pound because the children were being too
It is not know if police had shown up at the
hotel later in the evening to disband the unruly
crowd. However, up until 11.05pm, traffic was
still backed up along Skyline Drive as
motorists tried to escape the backup on Cable


l.:^ *


.- '^

'*- r.

* LONG lines at the Lynclen Pindling International Airport at the weekend.

(Photo: Felipg Major/Tribune staff)

Long lines at airport

after alleged 'go slow'

FROM page one

"The information that we
have is that there was no go
slow, or strike, or anv of that
sort of thing; but that they were

short staffed at security screen-
ing," Lori Chambers, the vice
president of YVR told The Tri-
bune yesterday.
Ms, Chambers said that there
was a lot of air traffic leaving
the LPIA on Saturday morning.

It is understood that some
staff were redistributed to han-
dle the load and accommodate
the large number of passengers
queued up in lines that
stretched outside the interna-
tional terminal.

"By about 1.20pm, it was con-
firmed that they had full
staffing at the check point," she
At 2.15pm, when The Tribune
arrived at the scene, the long
lines were gone.

PM: PLP will pay court fees
FROM page one
fellow FNMs and supporters not to "mind the noise in the mar-
"We won the election and no amount of complaining shall
change this reality. It is our turn to govern, and God willing we
shall govern the Bahamas," he said.
On his return to Nassau from Washington, DC, last Thurs-
day, Mr Ingraham said he and his government have "no fear"
in response to the PLP's election court challenges that
have the potential of changing the balance of power in the
He confidently challenged the PLP to "bring it on."
In an earlier interview with The Tribune, FNM chairman
Johnley Ferguson said that contesting seats in court may high-
light the PLP's "botched" preparations for the general election.
He warned that the election court could bring to light the
PLP's mismanagement of the preparation process for the gen-
eral election.
"In filing these (cases) they are challenging the process, but
they are the ones who did things like put half of a polling
station in one constituency and the other half in the next one.
"They botched the whole system," he said.
He said that the court would have to examine such aspects
as how cutting the new boundaries just weeks before the elec-
tion affected proceedings.
"The former prime minister would have to be the first one
to be called (in court) to explain. He was the chief architect of
the whole process," Mr Ferguson said.

Please call General Manager for an
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Computer knowledge is required.
Must be willing to work Holidays
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Salary is commensurate with
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MONDAY, JUNE 25, 2007, PAGE 13


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PAGE 14, MONDAY, JUNE 25, 2007


Leslie Vanderpool will be offering Audition and On Camera classes for one month.
This is even more reason to ensure that your auditions are as competitive as
possible. It's time to get back to the basics. Discover ways to enjoy yourself on
stage or on film and your audience will, in return enjoy, you.


When: Monday June 25th July 30th 6:30 pm 8:30 pm
Where: The Ansbacher House Downtown, Bay Street,
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RSVP A MUST: lcaronv@hotmail.com or call 356-5939

6 weeks classes (one week free) $50.00 Individual classes charge of $10.00
There will be a make up class on July 12th due to the Independence Holiday


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A 11 information an actor needs for the audition is "hidden" within the materi-
J l.Your tendency is to rush to judgment or "What are my lines?" rather than:
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What do I want this person to understand about me?"
I will teach you how to find the "clues" that the writers are laying out for you.This
is what I have done for 10 years as an actress. I have studied at Lee Strasberg,
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have been coached by many, such as Nicole Kidman's acting coach Susan Batson,Tim
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Our Intensive is just that: intense. This is a practical nuts and bolts approach
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You also have the opportunity to see playback and get feedback on your work,
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Leslie will teach you how to introduce yourself to the script through her process of
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President Hugo Chavez
(AP Photo)


Chavez slams US plans to

boost Voice of America

broadcasts to Venezuela

and Latin America

* CARACAS, Venezuela
Chavez ridiculed a U.S. plan
to boost Voice of America
broadcasts to counter his
influence in the region on
Saturday, but also called it a
new threat against Venezuela
from the U.S. government,
according to Associated
Chavez was responding to
a decision by the U.S. House

of Representatives on Thurs-
day to back an amendment
by Rep. Connie Mack, a
Florida Republican, to pro-
vide US$10 million to bolster
broadcasts to Venezuela and
Latin America.
"How ridiculous! The
(U.S.) empire is ridiculous,"
Chavez told a mass of
red-clad supporters in Cara-
cas, saying the U.S. govern-
ment would be "wasting
"But on the other hand, we
shouldn't underestimate this
as ridiculous as it may be
because it is quite simply a
new threat," he said.
Chavez said the broadcasts
were targeting not only the
Venezuelan people but also
"other people that today in
Latin America are managing
real processes of liberation"
as he named his allies in
Bolivia and Nicaragua.


The Tribune wants to hear
from people who are
making news in their
neighborhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
If so,.call us on 322-1986
and share your story.




Mt Royal Ave, Hawkins Hill, Palmdale, Mackey St and
Murphyville.Yamacraw, Elizabeth Estates, Kool Acres,
Lumumba Lane and Hanna Rd, Sandilands Village, Seabreeze
Lane, Eastern Estates and San Souci. Marshall and Cowpen
Rd including Misty, Pastel and Faith Gardens, Golden Gates,
Carmichael Rd, Yellow Elder Gardens and Bluehill Estates.



All overdue BEC payments must be made at the Head
Office on Blue Hill and Tucker Roads, the Mall at Marathon
or the Main Post Office.

Powering The Bahamas for Generations

The Art of Island Li ping

er Iif ara f
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FIDEL Castro reached out to
Cuban youth on Sunday, saying
that "If the young people fail,
everything will fail", according to
Associated Press
It was the Cuban government's
clearest acknowledgment yet that
instilling revolutionary zeal in
younger generations is a struggle.
"None of you were alive when
the Revolution triumphed," the
80-year-old Castro wrote in a letter
to the Communist Youth Union,
referencing his guerrilla uprising
to topple dictator Fulgencio Batista
in 1959. "Its roots were sustained in
every act of sacrifice and heroism
of an admirable people, who knew
how to confront all obstacles."
He went on to write: "If the
young people fail, everything will
fail. It is my profound conviction
that the Cuban youth will fight to
stop that. I believe in you."
Castro has not been seen in pub-
lic for almost 11 months, since
emergency intestinal surgery
forced him to'step down in favor of
a provisional government headed
by his younger brother Raul.
Signed Saturday afternoon and
appearing in Sunday's Communist
Party youth newspaper Juventud
Rebelde, Castro's letter came in
response to an optimistic letter the
youth union sent to their "Com-
mander in Chief."
"The young people of this land
believe, with profound conviction,
in the free and sovereign future of
Cuba; in the preservation of the
work of art we built and the hap-
piness of revolutionaries now and
forever," the union wrote.
Many other young Cubans
aren't so convinced. Like young
people everywhere, many are
more interested in getting more
access to the Internet, edgy music,
television and movies than
embodying the lofty ideals of Cas-
tro and his gray-haired contempo-
S Havana's answer has been the
,# "Battle of Ideas," a revolutionary
catch-phrase for government
efforts to win over younger hearts
and minds through improvements
in education, housing, health care
and the everyday quality of life.
S The program began by training
at-risk youths to be teachers and
social workers and rebuilding
dilapidated homes, schools and -

hospitals. It has since expanded to
Cubans of all ages and includes
efforts to improve hurricane track-
ing systems, better-train Olympic
athletes and build multipurpose
theaters in every town.
Damian Fernandez, a Cuban-
American academic, says the ini-
tiative is an acknowledgment by
the Cuban government that it
needs to deliver tangible benefits.
"Symbolic politics aren't enough
anymore," said Fernandez, head
of the Cuban Research Institute
at Miami's Florida International
University. "Arroz and frijoles pol-
itics is what they need," he said.
Those "rice and beans" results
include hundreds of refurbished
medical facilities, thousands of new

I. '


teachers and cultural offerings such
as book and video clubs.
Still, it's not hard to find
teenagers who say such things are
not enough.
"The Battle of Ideas has nothing
to do with change. It is the oppo-
site," said Francisco Hernandez, a
22-year-old English major at the
University of Havana who
described Cuba's communism as
"broken" and complained of gap-
ing income gaps.
"Some people have money,
some people can travel. Some peo-
ple can live in big houses and eat in
restaurants," he said in slow but
near flawless English. "The rest of
us can do none of that."
Other Cuban officials have

acknowledged this frustration.
Cabinet Secretary Carlos Lage said
as much in April when he told
communist youth leaders that the
current system is "not as ideal as
the one we wished for, or achieved
years ago."
"We always knew the biggest
challenge ... is to instill in young
people a communist conscience
and rejection of capitalism, without

having lived in it, without having
seen the moral damage it pro-_
duces," Lage-said:.--
Lage touted the Battle of Ideas
as a way to meet this challenge,
saying "intense political activity"
and "a genuine cultural life" will
produce "generations of youth
immune to the siren song of capi-
talism, to the shop-windows of con-
sumerist societies."




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TWO Cuban students
march among a sea of Cuban
flags during May Day celebra-
tions in Havana, Tuesday,
May 1,2007. Cuba's commu-
nist government continues to
look for ways to connect with
their youth, which Cuba-
watchers say comes from the
government's realisation that
the island's new generation is
less passionate about politics
and more interested in free
speech, unrestricted Internet
access and the ability to buy
small comforts.
(AP Photo/Gregory Bull)
Luis Fernandez, a finance direc-
tor at Havana's Fructuoso
Rodriguez Orthopedic Hospital,
said he is grateful that his 60-year-
old facility was among 84 hospi-
tals and 500 clinics renovated as
part of the Battle of Ideas.
On a recent Saturday, patients
filled the over-air-conditioned wait-
ing room and many areas still
smelled of new paint, though the
power flickered.


MONDAY, JUiML- ., -uu/, PAGE 15


" ', -- ^-

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~.~";"" ,~..eF~cc,~~_',~;~~




BBC Has Taken a Best Practices Approach
Toward Environmental Matters

Completed an Environmental Impact Assessment (EIA) and Environmental
Management Plan (EMP). These documents establish the current environmental
character of the property while identifying methods to achieve a higher
environmental potential through thoughtful development.
Obtained BEST Commission favourable recommendations on Marina/Golf Course.
Marina surpasses all published environmental standards in the world, and is
being designed for implementation of the "Blue Flag Program."
Construction of Golf Course utilizes the most modern environmentally sensitive
techniques and includes state-of-the-art grasses, coastal buffers, and internal
drainage system.
Environmental experts on-site on a daily basis monitoring all aspects of BBC
project. An independent environmental monitoring team makes periodic site visits
to ensure compliance with the EIA and EMP.
Over 70,000 rare, protected and native plants saved and propagated including
some that may have never before been propagated on a large scale
Approximately 2.5 miles of sand dunes restored and re-vegetated (with native
Collected over a 1 V years of weather data that is being added to national
climatology data (via the Bahamas Department of Meteorology).
Implemented a Turtle Monitoring Programme which resulted in the
documentation of two species on our Atlantic beach and the successful
hatching of approximately 120 baby turtles in 2006. This programme has also
indirectly enhanced the protection of the nesting sites of many shore birds.

* Environmental friendly disposal of waste plant material through mulching as
opposed to burning.
* Invasive species control and surveillance (both plants and animals) that led to the
removal of over 70 acres of Casuarina and non-native Sceavola plants. BBC has
humanely caught 17 feral cats, some of which have been placed in permanent
* One of the only developments in The Bahamas to voluntarily self monitor
itself during construction to achieve the highest levels of environmental
stewardship and protection.

MONDAY, JUNE 25, 2007, PAGE 17



in native Austria

for surprise visit

A ~





* STYRIAN Governor Franz Voves, 2nd from left, Hermann Kroell, a friend of Schwarzenegger,
second right, and Josef Krainer, right, former Styrian Governor welcome the Californian Gover-
nor Arnold Schwarzenegger, left, at the Airport of of the Styrian capital, Graz, Austria, on Sunday
(AP Photo/Markus Leodolter)

Arnold Schwaizenegger arrived
in his native Austria on Sunday
afternoon on a European tour
that will also take him to Britain
and France, according to Asso-
ciated Press.
Schwarzenegger was wel-
comed at the airport in the
southern city of Graz by friends
and current and former local
politicians, including Alfred
Gerstl, often described as his
mentor, the Austria Press
Agency reported.
APA reported that
Schwarzenegger would attend
Gerstl's 84th birthday celebra-
tion Sunday evening. Gerstl, the
descendent of a Jewish family in
Graz, helped shape the young
bodybuilder's early thinking.

Schwarzenegger, accompa-
nied by his daughter Katherine
and one of her friends, did not
take questions from journalists
and disappeared into a limou-
sine after the welcome. Televi-
sion images showed him looking
relaxed and smiling.
Styria Governor Franz
Voves, who was also at the air-
port, was cited by APA as say-
ing he was sure Schwarzeneg-
ger was no longer upset about a
spat over his position on the
death penalty. Sunday's visit
marks the first time
Schwarzenegger or "Arnie"
as he is often called in Austria -
has returned to his hometown
since he severed official ties
with the city two years ago.
In 2005, Graz authorities
stripped Schwarzenegger's
name from the city's soccer sta-
dium after he refused to block

the execution of a convicted
California gang founder.
Schwarzenegger actually
asked that his name be removed
from the stadium, a pre-emptive
move before city leaders held a
scheduled vote to do so. He also
returned Graz's highest award,
its ring of honour, which was giv-
en to him by city officials in 1999.
In a letter to the city two years
ago, Schwarzenegger said the
ring had "lost its meaning and
value to me".
Graz officials removed all ref-
erences of Schwarzenegger on
the city's website.
Schwarzenegger was born in
1947 in the village of Thai, just
outside Graz, where he began
his bodybuilding career. He emi-
grated to the United States in
1968 and became a naturalized
US citizen in 1984, but has
retained his Austrian citizenship.

-. ~

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Crowds endure

rain and mud

for Glastonbury

* THE View play the Pyramid stage at the 2007 Glastonbury Festival in Pilton, near Glastonbury,
south west England on Friday. The festival has been going 27 years and is now the largest music
festival in Europe.
(AP Photo/PA, Anthony Devlin)

* FESTIVAL goers in a canoe are pulled through the mud after pouring rain on the first day of
the 2007 Glastonbury Festival
(AP Photo/Jon Super)

* DA MlE Shirley Bassey performs on the final day of the Glastonbury festival, at Worthy Farm in
Pilton, England, Sunday June 24, 207 ,
(AP Photo/Jon Super)

* Lily Allen performs on the second day of the three day long music festival,
(AP Photo/Jon Super)

PAGE 18, MONDAY, JUNE 25, 2007


MONDAY, JUNE 25, 2007, PAGE 19



Unprecedented trial

against feared Saudi

religious police

members postponed

RIYADH, Saudi Arabia

A JUDGE Saturday post-
S poned the trial of three mem-
bers of Saudi Arabia's religious
" police involving the death of a
man in detention an
unprecedented case against a
powerful force long resented
for intimidating people, accord-
ing to Associated Press.
Ahmed al-Bulaiwi, a retired
border patrol guard in his ear-
ly 50s, died in custody shortly
after his June 1 arrest for being
alone with a woman who was
not a relative an act consid-
ered an offense in the kingdom.
"He went into custody a
healthy man. He got out in a
funeral procession," his cousin,
Audah al-Bulaiwi, told The
Associated Press by phone
from the northern city of
Tabuk, where the trial was to
take place.
Al-Bulaiwi's death and
the case of a second man who
died in custody have pro-
voked a public outcry, with
almost daily coverage in gov-
ernment-guided newspapers
and commentaries calling for
reform of the Commission for
the Propagation of Virtue and
the Prevention of Vice.
The commission employs a
police force to enforce the
kingdom's strict Islamic
lifestyle, patrolling public
places to ensure women are
covered, the sexes don't min-
." -gle, shops close five times a day
for Muslim prayers and men
go to the mosque and worship.
Audah al-Bulaiwi, who is
representing the family in
court, said the trial was post-
poned because the documents
he presented to the judge were
incomplete. The judge did not
set a new date for the trial, but
assured the family the delay
was only procedural, he said.
A statement by the gover-
norate of Tabuk did not say
how long the trial would last,
what the charges against the
men were or what punishment
they would face if found guilty.
The police became suspi-
cious of Ahmed al-Bulaiwi
after they observed the woman
getting into his car near an
amusement park, according to

accounts published by the local
media. Under the kingdom's
rules, a woman cannot drive,
and can only go out in public
with her father, brother, son or
An investigation showed that
al-Bulaiwi, who supplemented
his pension by working as a dri-
ver, was asked by the family of.
the woman, who was in her 50s,
to drive her home, according
to press reports.
The Tabuk governorate said
al-Bulaiwi died as a result of a
severe drop in blood pressure
and failure of the respiratory
Authorities are also investi-
gating the death of Sulaiman
al-Huraisi last month while in
custody of the religious police.
The force had raided his house
in Riyadh because they sus-
pected he had alcohol illegal
in Saudi Arabia.
In a third case, a Saudi
woman has filed a lawsuit
against the commission, claim-
ing she was mistreated by a
member of the religious police
in 2004 because her abaya -
the black cloak all women must
wear in public was not con-
servative enough. A hearing is
set for July 2.
The cases "will end the
sacredness surrounding the
commission and will pave the
way for its reform," said
Abdul-Rahman al-Lahem, a
human rights activist and
Meanwhile, members of the
appointed Consultative Coun-
cil, the closest entity Saudi Ara-
bia has to a parliament, have
rejected proposals to build
more commission centers in the
kingdom or give its members
a 20 percent salary raise. While
the council's actions are not
binding, they reflect a general
desire to curb the religious
police's power.
Member of the force, infor-
mally known as the muttawa,
don't wear uniforms, but are
recognizable by their long
beards and shorter robes than
those normally worn by Saudi
men. They also shun the black
cord that holds men's head-
dress down.
While many Saudis say they

EU leaders overcome deep

divisions, agree on new treaty

Associated Press
EUROPEAN Union leaders agreed Saturday on the key
points of a treaty meant to strengthen the bloc's foreign policy
role and eliminate unwieldy bureaucracy.
The treaty would replace the constitution that Dutch and
S- French voters rejected two years ago. German Chancellor
Angela Merkel, the summit host, said the drafting of the treaty
would begin soon and all countries should ratify it by June
It would allow more decisions to be taken by a majority,
Rather than unanimous, vote, removing the threat of national
vetoes. The European Parliament and national assemblies
would get more say over decision-making, strengthening the
EU's democratic credentials. The EU's executive arm the
European Commission would be trimmed from 27 to 17
seats. The post of EU president with a maximum term of five
years will be created to replace the system of rotating nation-
al leaders into the job. And the role of EU foreign policy chief
will be strengthened, to give Europe a bigger voice in the
"This deal gives us a chance to move on," British Prime Min-
ister Tony Blair said.
European leaders said the expected new treaty will allow
the EU to tackle the institutional gridlock threatened by its larg-
er membership, which recently grew by 12 nations.
"We have achieved what we set out to do," Merkel said.
"This shows that Europe came together at the end."
The EU, with 27 member nations, now represents 490 million
The new treaty is rheant to allow the bloc to react more
quickly to global crises, although it still requires agreement
among members. That was impossible when the EU split on the
eve of the Iraq war.
Charles Grant of the Center for European Reform, a London-
based think tank, says that under the new treaty neither the new
EU president nor the foreign policy chief to be known as a
High Representative will have any executive power.
"Their authority would depend on their powers of persuasion
and the force of their personality," he said.
The 30 hours of tough negotiations were overshadowed by
Poland's insistence that Germany accept its demand that Poland
get EU voting powers disproportionate to its size because of its
heavy loss of life during World War II.
, The deal finally agreed sees the switch to a new voting system
based on population entering into force in 2014, with extra
safeguards in place for Poland until 2017.
"This is a success for Poland," Polish Prime Minister Jaroslaw
Kaczynski said in Warsaw, adding the EU summit agreement
had left the country in a "strong position."

support the idea of having the
commission because its man-
date is based on several verses
in the Quran, they also say its
members exploit their broad
mandate to interfere in tiniest
details of people's lives.
In 2002, a wave of anti-com-
mission writings was triggered
by eyewitness accounts sug-
gesting the muttawa caused
several deaths by stopping a
group of schoolgirls from flee-
ing a school fire because they
were not covered in their
A government investigation
disputed the witnesses'
accounts and found that the 15
girls who perished were tram-
pled to death on the school's
stairs. The criticism died down
after the investigation.


N AN UNIDENTIFIED woman holds her veil lightly over her face after loosening it to eat ice cream,
while walking with friends past an unidentified Saudi man in a Mecca, Saudi Arabia, street Feb. 7,2007.
In the first case of its kind, three members of the powerful religious police stand trial Saturday June
23 2007 for alleged involvement in the death of a Saudi man in their custody who had been arrested
for being alone with an unrelated woman. Religious police enforce a strict moral code, which includes
ensuring women are well covered in public.
(AP Photo/Hasan Jamali)



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MONDAY, JUNE 25, 2007, PAGE 21



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Donations to date.

Edward E. Patton Annette Rolle Antoinette Rolle
Howard N. Darville Rolden & Associates The
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Miaoulis Leandra A. Esfakis Keva M. Robinson
Indianna Moss Meshelle Moss Cornelia Mackay
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Bahamas Majorettes and Marching Auxiliaries
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Ebbie Shearer- Jackson, o0n, AAO

Ft A I..TY
ES- 104D

Growing a Healthy Chuhto Impact Our World"


IRAQI woman exits an armored Iraqi military vehicle in Baqouba, 60 kilometers (35 miles) north-
east of Baghdad, Sunday, June 24, 2007. Iraqi military helped civilians get to schools and their jobs
across the town since traffic was banned during a joint US and Iraqi military offensive to drive the mil-
itants out of Baqouba.
(AP Photo/Adem Hadei)

Generals question

whether Iraqis

can hold gains

of US offensives

THE U.S. commander of a
new offensive north of Bagh-
dad, reclaiming insurgent terri-
tory day by day, said Sunday
his Iraqi partners may be too
weak to hold onto the gains,
according to Associated Press.
The Iraqi military does not
even have enough ammunition.
said Brig. Gen. Mick Bednarek:
"They're not quite up to the job
His counterpart south of
Baghdad seemed to agree, say-
ing U.S. troops are too few to
garrison the districts newly rid
of insurgents. "It can't be coali-
tion (U.S.) forces. We have
what we have. There's got to
be more Iraqi security forces,"
said Maj. Gen. Rick Lynch.
The two commanders spoke
after a deadly day for the U.S.
military in Iraq. At least 11 sol-
diers were killed on Saturday
from roadside bombings and
other causes, leaving at least 31
dead for the week.
In central Baghdad, mean-
while, the Iraqi High Tribunal
on Sunday sentenced Ali Has-
san al-Majid, known as "Chem-
ical Ali," and two others to
death for their roles in the
bloody suppression of Iraq's
restive Kurdish minority dur-
ing the 1980-88 Iran-Iraq War, a
campaign prosecutors said left
180,000 dead.
Al-Majid, a cousin of execut-
ed former president Saddam
Hussein and a one-time Baath

Party leader in the north, was
convicted of genocide, crimes
against humanity .and war
crimes for ordering army and
security services to use chemical
weapons in the offensive against
the independence-minded
Kurds of northern Iraq, viewed
by Saddam as traitors and Iran-
ian allies.
Ex-defense minister Sultan
Hashim Ahmad al-Tai and Hus-
sein Rashid Mohammd,,; a for-,
mer deputy operations director
for the Iraqi military, also were
sentenced to hang for the anti-
Kurdish atrocities. Two others,
former intelligence officials
under Saddam, were sentenced
to life in prison, and the charges
against a former northern gov-
ernor were dismissed.
In the U.S. offensive dubbed
Operation Arrowhead Ripper,
some 10,000 American troops
were in their sixth day of com-
bat to drive Sunni al-Qaida mil-
itants from their stronghold in
Baqouba, 35 miles northeast of
Between 60 and 100 suspect-
ed al-Qaida fighters and one
U.S. soldier have been killed so
far in the fighting in western
Baqouba, said Bednarek, the
25th Infantry Division's deputy,
commander for operations.
About 60 insurgents were
detained, he said.
He estimated between 50 and
100 insurgents were inside a
U.S. security cordon in the city.
"We're closing the noose,"
Bednarek told The Associated

Rising anger over civilian

deaths in Afghanistan
KABUL, Afghanistan
TALIBAN fighters attack U.S. or NATO forces in populated
areas, then retreat to civilian homes. Western forces respond with
massive firepower or an airstrike, according to Associr.ed Press.
That increasingly common pattern of clashes has leu to a climb-
ing number of civilian deaths and rising anger among Afghan offi-
cials and ordinary people. While militants killed 178 civilians in
attacks through June 23, Western forces killed 203, according to aq
Associated Press count based on figures from Afghan and inter-
national officials.
Exact counts are nearly impossible in the chaos of war. Separate
figures from the U.N. and an umbrella organization of Afghan
and international aid groups show that, through May 31, the num-
ber of civilians killed by international forces was roughly equal to
those killed by insurgents.
What is clear is the political fallout: President Hamid Karzai
has repeatedly pleaded with foreign troops to exercise caution
and work more closely with Afghan forces, who might be able to
minimize civilian casualties because of their knowledge of the ter-
rain. On Saturday, he denounced the Taliban for killing civilians but
directed most of his anger at foreign forces for being careless and
viewing Afghan lives as "cheap."
"Afghan life is not cheap and it should not be treated as such,"
Karzai said.
NATO defends its right to fire on anyone who fires at its troops
first, noting that it is not intentionally targeting civilians, as the Tal-
iban sometimes does. The U1.S.-led coalition suggested that many
civilians reportedly killed by international troops may in fact have
been killed by insurgents.
But such arguments fail to address the growing Afghan anger,
said Michael Shaikh. a researcher lor HI uman Rights Watch in
"When you're on the ground and vour child has been killed by a
2,000-pound bomb, you don't care if the attack was legal or illegal
in the laws of war. You care if your son or daughter was killed,"
Shaikh said.
"That's what NAT() is not getting. They need to be doing it
cleaner and doing it beltel I.ver\ death has a profound effect on
the Afghan population." lie said

Press. "It's the hardcore fighters
left guys who will die for
their cause."
He said U.S. forces now con-
trol about 60 percent of the
city's west side, but "the chal-
lenge now is, how do you hold
onto the terrain you've cleared?
You have to do that shoulder-
to-shoulder with Iraqi security
forces. And they're not quite
up to the job yet."
Across Diyala province,
where Baqouba is the capital,
Iraqi troops are short on uni-
forms, weapons, ammunition,
trucks and radios, he said.
Bednarek predicted it would
be weeks before Iraqi police
and soldiers could keep al-Qai-
da out of western Baqouba, and
months before they were able to
do the same on the city's east
side and outlying villages.
Lynch, commander of the 3rd
Infantry Division and of an
operation clearing Baghdad's
southern outskirts, was asked
at a news conference whether
he thought Iraqi troops would
be able to secure his gains.
"There's not enough of them,
there's not enough of them,"
Lynch replied. "So I believe the
Iraqi government has got to
work to create more Iraqi secu-
rity forces."
He cited statements by Lt.
Gen. Martin Dempsey, the out-
going head of the training com-
mand here who told a U.S. con-
gressional panel this month that
the Iraqi army, now 159,000
troops, should be expanded by
at least 20,000 in order to free
U.S. troops from some critical
In violence around Iraq on
Sunday, a roadside bomb
exploded at noon in central
Samarra, north of Baghdad,
killing four Interior Ministry
special forces personnel in a
passing utility vehicle, police
reported. Farther north,
Nihevah provincial police said
gunmen in a speeding car shot
and killed Ahmed Zeinel, a Shi-
ite Kurdish member of the
provincial'council, as he left his
house in Mosul on Sunday
In the largely Shiite city of
Hillah, south of Baghdad, a car
bomb Saturday evening killed
at least two people and wound-
ed 18 others, a hospital official
reported. Hillah has been the
target of some of the deadliest
car bomb attacks by suspected
Sunni Muslim extremists in the
four years of insurgency and
sectarian killings in Iraq.
On the political front, two
blocs of Sunni lawmakers, hold-
ing 55 seats, boycotted Sunday's
session of the 275-seat Iraqi par-
liament in a continuing contro-
versy over the removal of the
Sunni parliament speaker, Mah-
moud al-Mashhadani.
The boycott came a day after
the parliament decided to can-
cel at least the first month of a
two-month summer vacation
supposed to start on July 1, in
order to take up legislation,
including a new law governing
the oil industry, on which the
United States has been press-
ing for approval.

.f "

Headlh For Life



PAGE 22, MONDAY, JUNE 25, 2007



Tribune Comics


1 People showing extremes of
sweetness when got out of bed (5)
.6 Being finest when without that heavy
heart (5)
9 Punishment given why? (4,3)
10 He had a life in a movie (5)
11 Penetrating pictures (1-4)
12 Tangled wires resisting the flow of
current (5)
13 A dark-eyed beauty may be partly
indebted to it (7)
15 Dry in half a mo (3)
17 Warm-hearted companion, maybe
roguish (4)
18 Too young to be manly (6)
19 Bit of a maelstrom leading to trouble
afloat? (5)
20 Chicks in the car? (6)
22 An island except for its
extreme end (4)
24 It's at a fashion centre that you want
success (3)
25 Go and quibble during faultless
service (7)
26 Ropy sort of car? (5)
27 Bind the wrong parts (5)
28 Courage needed to deal with a dead
chicken (5)
29 One gets into strange places that are
extraordinary (7)
30 The possible party piece for a girl (5)
31 One couldn't imagine her fat (5)

2 Wine seller, do we hear? (6)
3 Sudden move by a tow-headed
charmer (6)
4 Female in the cowshed (3)
5 Confused as one going East,
possibly? (2,3)
6 Fight for space in the upper
chamber? (3,4)
7 Shows the wrong signs of humanity
8 The manners of a penman? (6)
12 Heat sufficient to melt tar in West
Southerd (5)
13 Weeks of walking? (5)
14 For a good fellow, the terrible cost of
having a bit of fun! (5)
15 Be in the position to take
notice (3,2)
16 Companion ever giving
encouragement (5)
18 A couple to steady you? (5)
19 Fragmentary as a fight? (7)
21 Not much like
Britani (6)
22 One held up when the weather's
bad? (6)
23 Vessel in acute form with a
sharp end (6)
25 Damage the ball? (5)
26 Throw acts into
disorder (4)
28 Dad's bit of ballet? (3)

Yes(erdy's cryptic solutions YLsteraay s easy solutions
ACROSS: 3, S-can-S 8, Marat 10, Etude 11, Car 12, Hour-i ACROSS:3, Harsh 8, Break 10, Tower 11, Gel 12, Treat 13,
13, Ketch-up 15, V-Ena-L 18, H-e-r. 19, Resale 21, Gentle- Gallery 15, Pedal 18, Era 19, Allure 21, Porcine 22, Open
S 22, F-00-d 23, Mile (End) 24, Hustler 26, A-R-Iful 29, 23, Lens 24, Defused 26, Abated 29, Lax 31, Liner 32,
Dad 31, Loser 32, Radical 34, At bay 35, Con 36, Pearl 37, Radical 34, Nicer 35, Con 36, Stood 37, Motor 38,
Barg-e 38, Serge 'J, t
DOWN: 1, Ra-C-er2, P-archea'jl,Co-oj5 ;; u, ,-u ,.,;,r 'O n Galluin 1 Awy5 Staple i Htel 7,
7, I-Deal9, Rat 12, Huriful 14, H t_: lb I, ,L. 1 i2,i iack i. 14, Eir 16, Duped 17, Lease 19,
19, Rest day 20, Off-al 21, Goats 23, Medical 24, Huri-le Angular 20, Local 21, Pecan 23, Lexicon 24, Deride 25,
25, L-AD 27, Rover 28, Fears 30, Mange 32, RA-NG 33, Sad 27, Birth 28, Tenon 30, Manor 32, Rest 33,
Cor Cot

1 Minimum (5)
6 Rascal (5)
9 Relating to writing (7)
10 Look fixedly (5)
11 Flavour (5)
12 Brittle (5)
13 Hearing (7)
15 Guided (3)
17 Allows (4)
18 Unit of current (6)
19 Jewelled
headdress (5)
20 Plaid (6)
22 Vegetables (4)
24 Female sheep (3)
25 Sorrow (7)
26 Yawned (5)
27 Rows (5)
28 Brimless cap (5)
29 Small
cake (4,3)
30 Pasta sauce (5)
31 Condition (5)


Extraordinary Foresight Pays Off

West dealer.
Neither side vulnerable.
*A 108
QJ 1097
+K 85


41 J654
V9 3
* A53

The bidding:
West North East South
Pass Pass Pass 1 4
1 V 2 Pass 2 NT
Pass 3 NT
Opening lead six of hearts.

Here is an unusual hand that
requires a remarkable play by de-
clarer to make the contract.
West leads a heart against three
notrump, and South plays low from
dummy, winning East's nine with the
jack. Declarer can count eight sure
tricks two spades, two hearts and
four clubs and needs another trick
to get home safely.
After cashing four clubs, on
which'Wtst discards a diamond and a
spade, South leads a diamond. East
takes the ace and returns a heart.
It does not matter whether de-
clarer wins with the ace immediately
or later. West's heart suit becomes
established either way, and he even-








words in
the main
body of

HOW many words of four letters
or more can you make from the
letters shown here? In making a
word, each letter may be used
once only. Each must contain

2 Meal course (6)
3 Anxiety (6)
4 Golf peg (3)
5 Strict (5)
6 Citrus fruit (7)
7 Applaud (4)
8 Substance (6)
12 Man's
name (5)
13 Type of rock (5)
14 Stow (5)
15 Prise (5)
16 Thick (5)
18 Weapon-bearing (5)
19 Hot sauce (7)
21 For a time (6)
22 Powerful (6)
23 View (6)
25 Prepared (5)
26 Gravel (4)
28 Coach (3)


tually gains the lead with the king of
diamonds to set the contract one
But, as indicated earlier, it is pos-
sible to make the contract What
South should have done was to allow
East's nine of hearts to win the first
It is true that as a result of this
play declarer makes only one heart
trick instead of the two he can score
by winning the nine with the jack.
But the effect of ducking the nine is
that South makes three notrump,
which is a far more important con-
sideration than winning one heart
trick instead of two.
Let's see what happens if South
ducks the nine. East returns a heart,
declarer plays low again, and West
wins with the queen.
The defenders now have two
tricks, but they cannot do better than
score the A-K of diamonds even-
tually. West has the K-8-4 of hearts
left, and South still has the A-J. A
heart lead from West does not pre-
vent declarer from establishing the
diamond suit to make the contract,
nor does any other lead. The defense
meets its Waterloo.
The recommended line of play
has a sound foundation. Declarer
assumes West does not have the A-K
of diamonds West passed origi-
nally and, judging from the play to
the first trick, has the K-Q of hearts
- so he plays for the honors to be
split. Whenever this is the case, he
severs the defenders' communica-
tions by refusing to win East's nine at
trick one.

the centre letter and there must
be at least one nine-letter word.
No plurals
Good 13; very good 20; excellent
25 (or more). Solution tomorrow.

ache anechoic cache chain
chalice chance chancel chic
chin china chine choice cinch
clench cliche clinch coach
COCHINEAL cochlea conch
each echo hail hale halo heal
hole hone inch inhale leach
lichen loch niche

Gosta Stoltz v Lajos Steiner,
Folkestone 1933. In the early
1930s Sweden was the coming
nation of world chess.
Stockholm's best grandmasters,
labelled "the four musketeers",
brought a special opening to
Folkestone and scored a rare
victory over the US, then
Olympiad champions. Stoltz had
a flair for tactics, but drink
defeated him. He was originally
a motor mechanic, could not
adapt to the itinerant chess pro
way of life, and was an alcoholic
by his mid-thirties. I recall how
after the Helsinki Olympiad
Stoltz and his friend Gosta
Danielsson spent the entire boat
trip back to Stockholm gloomily
downing schnapps. Here as
White (to move) Stoltz is
threatened by Qg1 mate. What
should he play?

' Tribune .



ARIES March 21/April 20
Your world is a mix of love and
adventure this week, Aries. Impulse
runs wild, but it never steers you
wrong. You do your best sharing fun
with friends.
TAURUS April 21/May 21
Don't start any new projects this.
week, Taurus. You are known to
anger easily and sometimes can be
slow to learn new things. It's best if
you stick with the basics.
GEMINI May 22/June 21
Expect positive developments in a
working relationship, friendship or
romance. For you this week, Gemini,
actions speak louder than words, so'
move forward.
CANCER June 22/July 22
Less is more this week, Cancer,
because it won't take much for peo-
ple to warm up to you. Consider
curbing spending on any excesses
and concentrate it strictly toward
LEO July 23/August 23
Your senses are alive, Leo, and you're
feeling invincible. You leave a path of
change at work and others are inspired
to follow your lead with varied
degrees of success.
VIRGO Aug 24/Sept 22
You can't find a system that caters
solely to your needs, Virgo. You
have to admit that sometimes it
won't go your way. Keep things
simple for this week.
LIBRA Sept 23/Oct 23
It's a rare day when you have all of
the answers in your hand, Libra. It's
best if you seek the advice of others
when it comes to a big decision.
Work relations improve.
SCORPIO Oct 24/Nov 22
In a clash of wills this week,
Scorpio, you will come out the loser.
Your opponent has so much power
that a fair fight is impossible. Walk
away with your head high.
SAGlTrARIUS Nov 23/Dec 21
Time and distance are no match for
Sagittariatis who work their exten-
sive connections. You are a person
who definitely understands how to
network. Your smile this week is
proof that you're on top.
CAPRICORN Dec 22/Jan 20
Write a thank-you note to someone who
has done you a favor lately, Capricom. It'
is best if you try to rekindle old friend-
ships. A valuable relationship needs to
be refreshed or reinforced this week.
AQUARIUS Jan 21/Feb 18
It's best if you curb your sudden feel-
ing of aggression, Aquarius. You can
put the energy to better use. Make a
list of top ideas and put a plan in
motion. Gemini is key to the plan.
PISCES Feb 19/March 20
You're feeling a bit disconnected
from the world, lately, Pisces. 'It's
nothing to get worried about. You just
need some time to yourself and then
you'll reacquaint yourself to the norm.


S *1


Chess solution 8389:1 Rxe8+ Kxe8 2 Bh5+ Kf8 3 Qd8

) ( Calvin & Hobbes )













I HS S byLeoardBaren


-N ,


arpnc I




MONDAY, JUNE 25, 2007. PAGE 23



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Big Love Fami- Entourage Dra- Flight of the Big Love "Reunion" Bill tries to John From Cincinnati "His Visit:
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(6:00) * THE SERENITY (2005, Science Fiction) Nathan Fillion, Gina Torres, Big Love, Big Big Love: Fami-
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cidentally kill their best friend. f 'R' (CC) strange death. f 'R' (CC)
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MOM AX De Niro, Billy Crystal. An angst-ridden mobster seeks a Jennifer Lopez, Jane Fonda. A shrewish woman clash- OCHET 1991)
psychiatrist's help. n 'R' (CC) es with her son's fiancee. f 'PG-13' (CC) f 'R' (CC)
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S HOW ter Paige. Mothers misconstrue a U.S. Marine serves in Iraq, hiding his homosexuality, faces a new ready to grow her
man's love for children. 'R' (CC) t 'NR' (CC) problem. (CC) business.
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En joN Great Food, Prizes and Lots of Fun.

i'm lovin' it

(*05 i + BAD NEWS SEARS (2005, Comedy) Billy Bob Thornton, Greg **NIOMN(92 oe
2RAH*( (004 Kinnear, Marcia Gay Harden. A former baseall player coaches misfit Lit- dy) Sean Astin, Brendan Fraser,
S unr Bu lok.te Leaguers. (I 'PG-13' (CC) PuySoe P'(CC)





Burial held for former Austrian president

whose term was marred by wartime service

* VIENNA, Austria
FORMER President Kurt
Waldheim was buried Saturday
in the presence of Austrian dig-
nitaries who declared he was
unjustly smeared by allegations
linking him to the Nazis, accord-
ing to Associated Press.
Waldheim, who also served
as U.N. chief from 1972-81, died
June 14 at his home in Vienna,
with his name still on a watch
list barring him from entering
the United States. He was 88
years old.
Speaking at the ceremony at
St. Stephen's Cathedral, Presi-
dent Heinz Fischer said Wald-
heim's life had to be judged "as
a whole," and that he was
unjustly accused of deeds "he
did not do."
Chancellor Alfred Gusen-
bauer, whose Socialist party had
been critical of Waldheim dur-
ing his time as president, did not
attend the service, although he
did later take part in a minute of
silence as the funeral cortege
paused near his office.
There were few foreign dig-
nitaries. Most government heads
had boycotted Austria during
Waldheim's tenure as president
from 1986-92, and he had asked
that they not be invited to his
funeral service, possibly in

recognition that few would
Fischer said Waldheim stood
as a symbol of Austria's guilty
conscience about the Nazi era
and the nation's delays in own-
ing up to its role during that
time. He was alluding to Wald-
heim's initial cover-up of his ser-
vice with a German army unit
that killed partisans and civil-
ians in the Balkans and then his
assertions that he like other
Austrians had only been
doing his duty.
Allegations against Waldheim
surfaced during his campaign for
the presidency. Although it was
never proved that Waldheim
personally committed war
crimes, he left public life under a
In April 1987, the Justice
Department put Waldheim on
the list prohibiting him from
entering the United States an
embarrassment no other Aus-
trian public figure had ever
In his homily, Vienna Cardi-
nal Christoph Schoenbom allud-
ed to a call by Waldheim for rec-
onciliation, published posthu-
mously, saying such a move was
"absolutely necessary."
"Make peace with your foes
while you are still on the way to
judgment," Schoenborn said.

THE crew of the space shuttle Atlantis, from second left, Jim Reilly, John Olivas, Steve Swanson, Pat Forrester, Lee Archambault,
and Rick Sturckow, applaud Suni Williams, left, at the Houston, Texas, arrival, Saturday, June 23,2007. Williams set a record for a woman
in space as she stayed on the International Space Station for over six months.
(AP Photo/Tim Johnson)

Atlantis astronauts reunite

j with family, friends in Houston


ATLANTIS' seven astro-
nauts reunited with their
families in Texas on Satur-
day, a day after the space
shuttle capped a two-week
mission with a perfect land-
ing in the Mohave Desert,
according to Associated
Sunita "Suni" Williams
was especially happy to
return to Earth after spend-
ing more than six months at

~. ,~



the international space sta-
"This gravity thing takes
a bit getting used to," she
said moments after landing
with the rest of the crew on
a NASA Gulfstream jet
around 2:45 p.m. at Elling-
ton Field.
Williams set an endurance
record for the longest single
spaceflight by a woman at
195 days, as well as the
record for most time space-
walking by a woman.

"It's just the time an
place," said Williams
ing she hopes her mi
paves the way for
women to travel to s
during a 20-minute cei
ny in an open hanger.
The crew was assert
on a stage with a
American flag as the
Along with Williams
shuttle commander
Sturckow, pilot
Archambault and mi

id the specialists Patrick Forrester, ."
, not- James Reilly, Steven Swan-', IX
ssion son and Danny Olivas. Each .'
more offered his thanks to fami-
pace, ly, ground crew and others
remo- in brief remarks.
Williams said she would
tbled spend the rest of the week-
giant end getting reacquainted
back- with her husband and dog,
were The homecoming was
Rick delayed by a day when
Lee NASA rerouted the shuttle'
ssion from Florida to California
because of bad weather.
That diversion is expected
to cost $1.7 million because
the shuttle has to be ferried
back to Kennedy Space Cen-
ter atop a jumbo jet.
NASA's first manned
flight of the year provided a -
much needed image boost
for the space agency. It had
been dogged by distractions
this year including a bizarre
astronaut love triangle and,
a murder-suicide involving a
disgruntled contractor.
The mission certainly was-
n't dull.
Atlantis delivered a
35,000-pound addition to the -" -
space station and Clay
Anderson, who replaced
Williams as the U.S. repre-
sentative at the station.
He will live with cosmo-
nauts Fyodor Yurchikhin
and Oleg Kotov for the next
four months.
While at the space station,
the astronauts installed a
. new truss segment, unfurled
a new pair of power-gener-
ating solar arrays and acti-
vated a rotating joint that
allows the new solar arrays
to track the sun.
At one point, computers
that control orientation and
oxygen production on the
Russian side of the space
station crashed while
Atlantis was at the outpost,
forcing NASA officials to
talk publicly about the
remote possibility the sta-
tion would have to be aban-
doned because of the prob-
Engineers in Houston and
Moscow worked around the
clock to come up with a fix.
Atlantis' thrusters helped
maintain the station's orien-
tation until the computers
resumed operating last
"It just feels great to have
all this behind us," Sturck-
ow said during the ceremo-
Atlantis lifted off June 8
an on a 5.8-million mile jour-
ney to the space station.
NASA hopes to have three
more launches this year.
Two days were added to
the mission so that Olivas
could staple up a thermal
blanket that had peeled back
during launch. An extra
spacewalk the fourth of
the mission was added to ,2''.
get the task done.
The mission was then
extended to 14 days after
weather prevented Atlantis
from landing on Thursday.

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Freeport, Grand Bahama

George Town, Exuma

All Bank of The Bahamas branches.

Call Centre:

Monday-Friday 8:30a.m. -5p.m.

Ph: 356-8471 4


#21 Collins Avenue

Effective May 26th, 2007

CIIL clients will be able to make payments for


on Saturday from 9 am to 12:30 pm

at the CIIL Building at 21 Collins Ave

Tel: 356-8300


'I I -"' --I-~I



PAGE 24, MONDAY, JUNE 25, 2007

^.- .'.. .
'::i.'* ,K^' --'...-^
*ty,',-';-..A. 2'-.";--. _
4Vff : ) "-Z

MONDAY, JUNE 25, 2007






John S George to return to

profitability 'by January 08'

* New owner targets merger of retailer's back office operations with those of QBC by March/April 2008
Acquisition seen as diversifying product, boosting buying power, providing
combined office infrastructure, and creating product/distribution synergies
Lyford Cay store targeted for ACE Hardware conversion in 45 days
Eventual opportunity for select private investors to buy in
Lawsuit against previous owners dropped

Tribune Business Editor
John S George's new
owner said he
expects the Bahami-
an retailer to return
to profitability "by

January 2008", targeting a
merger of its back office func-
tions with those at his Quality
Business Centre (QBC) for-
mat as "the medium-term
goal" in exploiting product and
distribution synergies between
his retail businesses.

Films eyeing Bahamas

could give a multi-

million dollar boost

Tribune Business
MOVIE and TV produc-
tion companies are eyeing
the Bahamas as a location
for shooting films such as
Free Willie and other pro-
ductions involving the new
James Bond, Daniel Craig,
but efforts to attract them to
use this nation and give the
economy a multi-million dol-
lar boost may be under-
mined by the continuing
uncertainty surrounding the
Bahamas Film Studios' fate.
It is understood that New
Line Cinemas is studying the
Grand Bahama-based stu-
dios, which possess the
world's largest filming water


tank, in addition to the wider
Bahamas as a location where
it can film the Free Willie

SEE page 11

Minimum wage increase

may 'destroy economy'

Andrew Wilson, who
expects to close John S
George's purchase from the
private equity consortium
formed by its ex-chief execu-
tive, Ken Hutton, in "two to
three weeks", told The Tri-
bune that the retailer faced
"challenges", but he felt the
synergies with his other retail
formats and their combined
strength would enable him to
effect a turnaround.
Mr Wilson said he had "no
intention" of converting the
John S George stores into
QBC outlets, although the for-
mer's existing locations would
be "fixed" in terms of prod-
ucts they offered.
He added that eventually,
once John S George's prob-
lems were solved and the
retailer's financial performance
tracking in the right direction,

he would be willing to invite
select private investors to pur-
chase a stake in the business.
"By January 2008, weexpect
the company to be profitable,"
Mr Wilson said of John S
George. "I have no intention
of converting John S George to
QBC. A major attraction of
acquiring John S George was
the opportunity to diversify the
product offering I bring to the
"I expect that there will be
,some overlap in terms of prod-
uct offering. John S George
does sell quite a few electronics
products. We certainly hope to
use our strengths in the elec-
tronics field to enhance the
electronics offering at John S
George, but the focus will
remain serving the hardware
and building trade.
"The potential is here, and

the QBC group of companies
provides a nice cushion for the
transition process."
Mr Wilson said he was going
to transform John S George
"one store at a time", de-
emphasising housewares in the
smaller locations to focus on
hardware, building materials
and lawn and garden products.
"I expect that within the
next 45 days, that our Lyford
Cay store will be converted to
primarily a hardware store to
take advantage of the tremen-
dous amount of building taking
place on the western end of
the island. In this respect, we
are working with consultants
at ACE Hardware with a view
towards branding it as an ACE
Hardware store."
Apart from its Lyford Cay
outlet, John S George also
leases stores at Cable Beach

Shopping Centre, Harbour
Bay Shopping Centre and
Independence Drive, as well
as owning its head office, ware-
house and main store in Palm-
Apart from QBC, which is
regarded as the largest phone
card dealer by volume in the
Bahamas, and sells cellular and
electronics products, Mr Wil-
son also owns the Radioshack
franchise for the Bahamas,
which he acquired about one-
and-a-half years ago.
Through Quality Apparel,
Mr Wilson also owns the for-
mats 1999 Broadway, Fashion
Avenue, Saxs, El-squire for
Men, and Just Kidding. With
the John S George acquisition,
he now employs a total staff

SEE page 8



*Abaco *Freeport *


Tribune Business Editor
THE Bahamian $4 per hour
minimum wage is 50 per cent
higher than Trinidad &
Tobago's when measured
against per capital income, an
Inter-American Development
Bank (IDB) study has found,
with the Bahamas Employers
Confederation's (BECon)
president warning that any
moves to double this would
fuel inflation and "destroy the
The IDB study, which mea-
sured minimum wages as a
proportion of per capital
income, using the latter as a
yardstick for average produc-
tivity, found that Trinidad &
Tobago had the lowest rela-
tive minimum wage among the
Caribbean countries it
The report found: "The
Bahamas has a minimum

IDB study reveals
Bahamian minimum
wage 50% higher than
Trinidad's, and also
above US and Mexico
wage, as compared to per capi-
ta income, that is 50 per cent
higher than that of Trinidad &
Tobago." Yet Trinidad &
Tobago's minimum wage was
still "relatively high when com-
pared with other countries the
Caribbean competes with".
For instance, it was 15 per
cent higher than that in the US
and 80 per cent higher than
that in Mexico, implying that
since the Bahamas' minimum
wage was higher than that of
Trinidad & Tobago, it was

SEE page 10

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Nassau Exuma

Life and Health Insurance Mortgage Lending Retirement Planning

Toshiba Makes
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Km T O







" 1


International Markets

Weekly %Change

CAD$ 1 in-,, 0.14
GBP 1.9987 1.20
EUR L.3465 0.60

Weekly %Change
Crude Oil $69.11 1.56
Gold $656.90 -0.27

International Stock Market Indexes:
Weekly %Change
DJIA 13,360.26 -2.05
S & P 500 1,502.56 -1.98
NASDAQ 2,588.96 -1.43
Nikkei 18,188.63 1.21

expenses by $868,000 or 12.31
per cent year-over-year.
Total assets as at March 31,
2007, stood at $462.3 million,
up $7.7 million versus $454.6
million at the end of fiscal
2006. Total ordinary share-
holders equity increased to
$52.9 million as at March 31,
compared to $50.4 million as
at December 31, 2006.
In related news, CHL will
hold its Annual General Meet-
ing on July 11, 2007, at 5.30 pm
at the J. W. Pinder Building,
Colinalmperial Insurance,
Collins Avenue, Nassau,
Bahamas Waste (BWL) -
For the quarter ending
March 31, 2007, BWL posted
net income of $5.01 million,
representing an increase of

$922,000 or 22.5 per cent com-
pared to $4.09 million for the
same period last year. Earn-
ings per share increased by
$0.04 to total $0.10 as at March
31, 2007.
Total sales grew by $340,000
to total $2.05 million, while
cost of sales increased by
$91,000 to total $1.1 million.
Gross profit margin was 44.03
per cent versus 38.3 per cent
for the equivalent period last
year. Operating expenses
stood at $503,000 compared to
$408,000 in the 2006 first quar-
ter. Total assets as at March
31, 2007, stood at $8.6 million,
representing an increase of
$526,000 over the $8.1 million
posted at the end of fiscal 2006.
See Bahamian Stock
Market table on Page 6

RBC Announces ew.'

Bahamas Appointments

RBC Royal Bank of Canada is pleased to announce the appointment of four key managers for its
Bahamas operations. "These appointments reflect RBC's commitment to identifying talented:
Bahamians for key leadership roles in its operations"
-Nathaniel Beneby, Jr., Vice President and Country Head, Bahamas

Joyce Coleby-Riviere appointed
Area Manager of Family Island Operations
RBC Royal Bank of Canada
Mrs. Joyce Riviere joined RBC in luly 1973 as a
Customer Service Representative at the Bay and
Victoria Branch. During her 34-year tenure with the
Bank she has held a number of positions
including; Manager Loans Collection Centre,
Nassau; Manager Personal Loans, Nassau Branch;
Manager, Airport Branch and most recently
Manager, Marsh Harbour Branch.

Garnel D. Frith appointed
Manager, Personal Financial Services
Freeport Branch
RBC Royal Bank of Canada
Mrs. Frith, a native of Freeport, Grand Bahama
joined RBC in June 1973. During her 34-year tenure
with the Bank she has held a number of positions
including Deposit Business Clerk, Audit Officer,
Loans Clerk and Account Manager, Freeport Branch.
In her new position as Manager, Personal

Kirkwood Pinder appointed
Manager of Customer Service
RBC Royal Bank of Canada
Mr. Pinder joined RBC in July 1985 as a
Customer Service Representative in the Spanish
Wells Branch. During his 22-yebr tenure with the
Bank he has held a number of positions including
Management Trainee; Manager, Spanish Wells
Branch; Manager, Palmdale Branch; and Manager
of RBC's Credit Card Centre, The Bahamas and
Cayman Islands.

Irgentina Sargent appointed
Head of Global Technology Operations
RBC Royal Bank of Canada
Bahamas and Cayman
Mrs. Sargent'joined RBC in August 2001 as the
Assistant Manager of Technology. Prior to joining
RBC, she worked in the technology division of the
College of The Bahamas.
In 2003 Mrs. Sargent championed a new initiative
by RBC to implement a service desk and thereafter held
the position of Help Desk Manager until her recent
promotion to Head of Global Technology Operations,

In 2004, Mrs. Riviere was the recipient of the
prestigious RBC Leo Award, the highest level of
recognition given by RBC to top performers around
the world.
In her position as Area Manager of Family Islands,
Mrs. Riviere will be responsible for the service and
operations of RBC's Family Island branch network-which
comprises 11 of RBC's 23 branches in The Bahamas.
Mrs. Riviere is married to George Riviere and they
reside at Treasure Cay, Abaco. She is the proud mother
of three children, Vernard, Greer and Dionne and an
active'nember of the Rotary Club of Abaco.

Financial Services, Mrs. Frith will be responsible for
the overall management of RBC Royal Bank of
Canada's Freeport Branch with particular emphasis
on the growth of the branch's loan portfolio,
achievement of sales objectives and the
development of the Personal Financial Services team.
Mrs. Frith is the proud mother of two children,
Chamell and Damon and is an active member of the
Grand Bahama Chamber of Commerce, Toastmasters
International and a former advisor to Junior

In his new position as Manager of Customer
Service, Mr. Pinder will be responsible for the service
and operations of RBC's entire branch network in
Nassau and Grand Bahama. This comprises 14 of
RBC's 23 branches in The Bahamas.
Mr. Pinder is married to Kimberly Pinder nee
Sands from Spanish Wells and the couple has one
son, Lorenzo and one daughter, Delilah. He is an
accomplished artist and musician and has served as
music director of Spanish Wells Methodist Church
for many years.

Bahamas and Cayman.
In her new role, Mrs. Sargent is responsible for the
overall leadership and management of technology &
communications, inclusive of the automated banking
machine network. She supports RBC Royal Bank of
Canada's reta;, and private banking business units in
The Bahamas e-d Cayman Islands as well as RBC FINCO.
Mrs. 5-- s married to Mr. Benedict Sargent,
and the ccL has three children, Yocomica, Benedict
Jr. and Angel d one grandson, Rhameko.
Mrs Sargent serves as a Sunday school teacher and
a member of the evangelism team at Evangelistic Centre

IAbout RBC Royal Bank of Canada
RBC Royal Bank of Canada Bahamas and Caribbean has a retail network of 43 branches, four business centres and 74
automated banking machines in eight Caribbean countries, employing 1,400 persons, serving 205,000 customers.

Chefs urge

hotels to





Tribune Business
EVERY hotel in the
Bahamas should have an
authentically Bahamian
gourmet restaurant that
employs a full complement of
Bahamian chefs, promote this
nation's unique dishes, top
chefs have advocated.
Tribune Business spoke with
two members of the national
culinary team at the recent
Taste of the Caribbean culinary
competition in Miami, staged
during the Caribbean Hotel
Tourism Conference.
Alpheus Ramesy, an
Atlantis chef, said that in many
cases Bahamian chefs have
their hands tied because they
have to cook a certain cuisine
to match the restaurant's
theme, which leaves little room
for experimentation.
"We need more Bahamian
chefs, and we need a Bahami-
an restaurant in every hotel.
Bimini Road is really a
Caribbean restaurant; they try
to infuse all the Caribbean
items in there. But they don't
do many Bahamian authentic
meals," Chef Ramsey said.
He added that rather than
bring in another signature
restaurant from abroad, hote-
liers should look at creating a
signature Bahamian restaurant.
Chef Ramsey said there was
a strong market for Bahamian
gourmet foods, as persons
coming into this nation are
eager to experience the islands'
"For example, I went into
Bimini Road and I did the reg-
ular grilled fish, like. what we
get at the Fish Fry. I sold a case
of snapper in one night
because that is what they want
and what they are looking for,"
Chef Ramsey said.
Wayne Moncur, another
chef at the Atlantis Resort,
said the competition in Miami
was challenging because,
although their mystery basket
(which contained unknown
items from which the chefs had
to plan their meals) contained
local items readily available,
such as breadfruit, they are
ingredients not utilisied in
Bahamian restaurants.
"It opened up my eyes and I
am going to now start explor-
ing with those products." Chef
Moncur said.
He added that a lot of their
competitors do integrate local
products into their menus,
which is something Bahamian
chefs need to do.
"For instance, this year we
used mamey and experimented
with the breadfruit, but we
don't use it on a regular basis."
Chef Moncur said.

* By Fidelity Capital
t was a busy week in the
Bahami.an market as
336,850 shares changed
hands. The market saw
13 out of its 19 listed stocks
trade, of which 11 advanced
and two remained unchanged.
Volume leader for the week
was Abaco Markets (AML),
with 300,000 shares changing
hands and accounting for 89.1
per cent of the total shares
traded. AML was also the big
advancer for the week, up
$0.30 or 25.42 per cent to close
at $1.48. Year-to-date, AML's
share price has appreciated by
142.62 per cent.
Also advancing this week
was Fidelity Bank (Bahamas)
(BAB), gaining $0.12 or 9.23

I -


per cent to end the week at
For the week, the FINDEX
increased by 3.48 points to
close at 809.14.
Colina Holdings (Bahamas)
(CHL) -
FOR the 2007 first quarter,
CHL posted net income attrib-
utable to common sharehold-
ers of $1.8 million, representing
an increase of $407,000 or 29.1
per cent over the 2006 first
Total revenues grew by $4.3
million or 11 per cent to total
$43.2 million, while benefits
and expenses increased by $3.8
million or 10.2 per cent to total
$41.3 million.
CHL was able to reduce its
general and administrative

I- I


PAGE 2B, MONDAY, JUNE 25, 2007


lhe Mj iiami ieralb I I MONDAY, JUNE 25, 2007 INTERNATIONAL EDITION


Investors are bracing for profit warnings

Associated Press
NEW YORK Wall Street has
entered the period that might be
called the storm before the storm:
warnings season.
With second-quarter profit
reports scheduled to stream in start-
ing in mid-July, investors are watch-
ing for profit warnings over the next
few weeks. Though this season has
been pretty mild so far more com-
panies have issued upbeat guidance
than warnings, noted Joseph V. Batti-
paglia, chief investment officer at
Ryan Beck & Co. Wall Street is'
keeping a wary eye on the consumer
discretionary sector.
The sector which includes
industries that are most vulnerable to
economic slowdowns, such as retail,
autos and travel was the biggest
laggard last quarter, posting a 6.63
percent decline in profit, according
to Standard & Poor's data.
And so far this month, a few big
-& -- -- ------- ---

consumer brands have issued out-
looks that disappointed Wall Street:
Starbucks fell 3.9 percent Thurs-
day after warning it might not reach
the top of its profit outlook, and res-
taurant chain Cheesecake Factory's
stock dipped 7.1 percent Thursday
after its second-quarter revenue esti-
mate fell below the average analyst
Last week, Wendy's Internation-
al's shares declined 3.7 percent when
the country's No. 3 hamburger chain
warned its full-year profit would fall
short of Street expectations.
Earlier this month, Dean Foods
fell 4.3 percent and hit a 52-week low
on June 12 after the nation's largest
dairy company said its full-year
profit would come in below fore-
casts. And on June 5, Bed Bath &
Beyond fell 5.4 percent after the
home furnishings retailer forecast
earnings per share that fell under
Street expectations.
"An awful lot of focus will be on


retail in general," said Jonathan
Armitage, head of U.S. large-cap
stocks for Schroders Investment
Management, noting that the perfor-
mance of retail chains clues investors
into the overall health of the con-
Consumer spending has ramifica-
tions for the broader economy, nota-
bly the tepid housing market, which
has re-emerged as a worry in recent
weeks as bond yields have soared
and bumped up mortgage rates.
Many homebuilders who have
missed expectations in prior quarters
have stopped giving guidance, Batti-
paglia noted.
Investors will also be watching
out for profit warnings in the tech-
nology sector. Earlier this year, ahead
of the first-quarter earnings season,
profit warnings from mobile phone
company Motorola and chip maker
RF Micro Devices, gave the market a
scare. Though the semiconductor
portion of the technology sector has

RITUAL IMPERILED: Street vendors gather outside a mall in Gurgaon, India, above. Large modern
chains, below, are redefining the traditional Indian marketplace.



Washington Post Service
GURGAON, India Pushing his cart through the
gleaming, air-conditioned aisles of one of India's first
supermarkets, Vikrant Mehta was relieved to buy his
family's potatoes, mango chutney and hair oil "all
under one roof."
While his wife cooed over the shiny tomatoes,
Mehta said he didn't miss India's infamous open-air
bazaars, with their buzzing flies, haggling peddlers and
surging crowds. Even the friendships with the fruit
seller who provided health advice, the bookseller who
kept reading lists and the carpet man who offered
loaners were, "frankly, a huge amount of pressure,"
he said.
"I'm not here to make friends. I'm just trying to
shop," said Mehta, an executive with Air India.
"Finally in India the customer is king."
Supermarkets and other large chain stores are on
the rise in India, just one wdy in which this country's
growing affluence is slowly changing its people's hab-
its. Rising with the stores are megamalls, brightly lit
and futuristic, that tower over the hundreds of fruit
and vegetable vendors in New Delhi's booming sub-
urbs of Noida and Gurgaon.
India has a growing middle class estimated at 300
million people. With a total population of 1.1 billion
and economic growth rates of 8 percent a year, the
country is emerging as one of the largest consumer
markets in the world.
"There is a perceptible change in Indian retail that
comes with our huge consumption boom," said Saurav
Sanyal, a Gurgaon-based consultant with Carrefour,
the French version of Wal-Mart. "As India changes in
the coming years, people will increasingly be cash-
rich, time-poor and may not find bargaining conven-
ient. But this change will take years. I expect the mod-
ern and traditional formats will coexist for years to
come. Yet the shakeout will come."
An estimated 80 percent of India's retail outlets are
still neighborhood shops, consulting firms say. Still,
there's a growing sense that mom-and-pop shopkeep-
ers will eventually be nudged out by chains, which can
buy cheaply in bulk. India's retail sector is expanding
by more than $27 billion a year, according to the
World Bank, and holds vast appeal for large corpora-
It's hard to imagine an India without mazes of
noisy, crowded street shops filled with garlands of
marigolds, bags of masala chips, statues of Hindu gods

and red wedding
bangles. In lively
markets in cities
across India, the
humid air is thick
with jasmine
incense mixed
with sweat. Pun-

jabi pop music
thumps as samo-
sas fry, carpets
are rolled out and
glittery saris are
unfurled, all while
donkey carts and cows wander by.
Large chains may endanger the small-time vendors
who work in such markets, but they also could imperil
an Indian ritual: bargaining. In a sign of what may
come, Kolkata's famed neighborhood of booksellers,
home to the largest market for secondhand books in
Asia, is being moved by the city into a mall.
Many merchants also fear the chain stores may
widen the gap between India's up-and-coming and
those left behind. While the country is going through
an economic renaissance, there is still grinding pov-
erty, with 300 million people as many as are in the
middle class living in heaving slums, without run-
ning water or electricity, often in the shadow of malls
and five-star sushi restaurants.
In May, independent fruit and vegetable sellers
rioted at Reliance Fresh, an Indian-owned chain of
about 80 air-conditioned stores that carry groceries
and convenience items. The company tightened secu-
rity and announced it would open 1,500 more stores by
News that Wal-Mart and an Indian venture partner,
Bharti Enterprises, are planning to spend $2.5 billion
by 2015 to set up stores across India also sparked pro-
tests earlier this year, with demonstrators shouting,
"Save small retailers!"
The crisis is already a reality for some small ven-
dors. All over New Delhi, banners from the chain Sub-
hiksha, which literally means "good bargain," adver-
tise "Cheapest mangoes, best quality."
"We are the shop of the future," said Dheeresh
Agnihotri, 24, who manages several of Subhiksha's 400
stores and who received an education stipend from the
company, allowing him to go back to school for his
"Soon all the little guys will want to work here."

rebounded since then the Dow
Jones U.S. Semiconductors Index has
risen 237 percent over the past three
months it is still lagging the
broader stock market.
Right now, Standard & Poor's esti-
mates second-quarter earnings will
rise 5.74 percent compared to a year
ago. If earnings beat the market's
forecasts, the stock market could see
big gains just as they did after the
first quarter, when growth came in at
7.84 percent, according to S&P data,
topping the initial estimate of about 4
percent. During the month of April,
when most first-quarter earnings
were announced, the Dow Jones
industrial average surged 5.7 percent,
recovering from a tumultuous Febru-
ary and March.
Stocks have been pretty rocky this
June, too, leaving many investors
hoping that a good earnings season
will draw money back into the stock
market and kick its record-breaking
run back into gear. The preannoun-

Los Angeles Times Service
LONDON Britain's culinary
reputation has always been locked in
the infamy of mashed peas and roast
beef. But it is no secret that London-
ers, for all their pretensions to bland-
ness, are foodies.
Forget the gastro-pubs just go
shopping in London for Sunday din-
At the Borough Market, a cook can
find a nice feathered pheasant and
redolent disks of Double Gloucester
cheese. There's clotted Devon cream
and jams at Fortnum & Mason, farm-
fresh produce at green grocers on the
road to the country house, and the
savory take-home curry at the Marks
& Spencer on every major street. Of
course, there's the decadent sprawl
of the food halls at Harrods.
Into this superheated eat-frst
comes Whole Foods Market, the
company that has made a multibil-
lion-dollar splash in the United States
with up-market emphasis on organic
and natural foods. But will London be
June's debut of a three-story,
80,000-square-foot Whole Foods on
fashionable Kensington High Street
got a largely admiring reception from
the London newspapers, which are
accustomed to raising a snooty eye-
brow at anything big, overdone and
American. The BBC even proclaimed
it "green gone gorgeous."
The Austin, Texas-based retailer
hopes to cash in on a robust British
market for healthier foods, locally
raised goods, and fair-trade foods in a
country whose booming economy
enables many shoppers not to blanch
at paying $16.03 a pound for a dry-
aged T-bone steak or $6.84 for a Med-
iterranean salad mix.
The company already had a toe-
hold in the British market, having
acquired the Fresh & Wild chain of
natural foods markets in 2004. Those
remain open in two areas of London,
along with Clapham, Bristol and

cement period is key in setting the
"It goes a long way in helping to
temper analyst enthusiasm," said
The intention is to soften the blow
to shares when the actual results
come out; if results meet or beat fore-
casts, shares tend to rise.
The preannouncement period also
provides decent clues to the econo-
my's health which is particularly
critical now, with Wall Street split on
whether growth this year will
rebound or continue to plod along
"It gives you an indication about
underlying fundamentals and perfor-
mance of the economy," Armitage
He added, though, that it's impor-
tant for investors not to read too
much into profit warnings triggered
by company-specific problems or
management missteps, rather than
industry-wide trends.

Stoke Newington. Whole Foods'
move comes as British supermarket
giant Tesco is paddling the other
direction across the Atlantic, prepar-
ing to open an estimated 100 neigh-
borhood markets in California, Ari-
zona and Nevada this fall.
STim Sud, executive vicd-p.esident
for growth and 1evelopmfient at
Whole Foods, said Britain was a logi-
cal choice for expansion, considering
that "the knowledge and acceptance
of natural and organic in many ways
is greater in the U.K. and other parts
of Europe" than in the United States.
The market for what international
food and grocery market research
firm IGD calls "posh nosh" prod-
ucts such as organic, locally pro-
duced foods, premium brands and
specialist fine foods has reached
$25.5 billion a year in Britain and is
forecast to hit $37.6 billion by 2011.
Whole Foods' arrival can be
expected to accelerate what is
already a substantial move by main-
stream British food retailers into
organic and fresh local foods. Half
the revenue at hallmark British
retailer Marks & Spencer is now in
food sales, with organic food sales up
47 percent over the last year to $196
million, and fair-trade food product
sales up 450 percent.
Marks & Spencer in January
announced plans to go green in a
serious way, pledging to "change
beyond recognition the way it oper-
ates over the next five years" and
become carbon-neutral and send no
waste to landfills by 2012, Chief Exec-
utive Stuart Rose said in a statement.
"Clearly, there is a market there,
but Whole Foods is coming a bit later
to it in the U.K. than it [did] in the
U.S., and that's a bit of a challenge,"
IGD analyst Gavin Rothwell said.
On the other hand, the high-con-
cept nature of Whole Foods, the
sheer splendor of its towers of glis-
tening tomatoes and 100 different
kinds of olive oil may be enough to
get a leg up.

ENGLISH FARE: America's most successful organic supermarket,
Whole Foods, opened up shop on London's fashionable Kensington
High Street. The chain hopes to cash in on the British market for
healthier foods.


Whole Foods

journeys to the

British Isles



Brazil is enjoying finest economic moment in a decade

fading neighborhood near this
city's beachfront, a giant, 893-
unit apartment complex still
under construction is almost
sold out, thanks to cheap
financing that has helped hun-
dreds of middle-class Brazil-
ians buy in.
A few blocks away, stores
are filled with shoppers snap-
ping up imported televisions
and household appliances,
with many also buying on
credit. Prices for such goods
have dropped since the start of
the year, thanks to Brazil's
strengthening currency, the
With inflation low and the
real strengthening against the
dollar, this may be Brazil's fin-
est economic moment in at
least a decade. And people are
taking advantage of it.
"Without a doubt, this is a
new era for us," said Mauricio
Costa, who manages two
household appliance stores in
the Rio de Janeiro area and has
seen sales boom. "Before, only
people with a certain amount
of wealth could afford to buy
here. Now, everybody is com-
ing in."
According to some econo-
mists, Brazil, which is notori-
ous for its booms and busts,
has finally turned a corner.
They predict a good, long spell
of stable growth.
Most Brazilians over the
age of 30 can remember when
that wasn't the case. The price
of bread could double within


days, and the local currency
was on such a downward spi-
ral that four times since World
War II the government
dropped three zeros and
changed the currency's name.
Yet for more than a year
now, Latin America's biggest
economy has been on a roll.
Inflation and interest rates
have hit record lows, which
has spurred businesses to offer
affordable credit for the first
time in years and fuel a wave
of consumer spending.
Foreign investors are also
taking notice as Brazil's Bov-
espa stock index climbs to all-
time highs, and the federal
government runs huge pri-
mary budget surpluses on the
strength of booming exports
of iron, soy and other com-
Imports also have taken off
as the real reaches its stron-
gest levels against the dollar in
six years, although some are
concerned that the real may be
Many Brazilians say they're
making long-term economic
plans for the first time in
Real estate agent Adhemar
Costa, who has sold many of
the units at the Rio de Janeiro
apartment complex, said he
remembers the days when
hyperinflation, expensive
credit and economic turmoil
made his job a daily struggle.
With triple-digit interest
rates, practically no one could
afford financing, which meant


Brazil's recent control of inflation
has been a major contributor to
the country's current prosperity.

Consumer prices
Annual percent change
in inflation
15% --- 148%




Annual percent change in
15% ......... . ..... ......


5 -----

0 2002

people could buy p
only by coughing u
mous down payme
paying off the principal
a few years.
These days, many f
home buyers are re
financing of as little
Brazilian standards -
cent annually and pay
in 20 years, Costa sai
tion last year dipped to
cent, the lowest rate i
a decade.


"There's been a big
change," he said. "These new
conditions have opened up the
4.4% market."
- iThe Brazilian restaurant
chain Spoleto, with 164
2007* branches in Brazil, has taken
advantage of cheaper financ-
*Projected ing to invest more than $3 mil-
lion in foreign expansion and
property equipment, including U.S.-
ip enor- made ovens that are now more
nts and affordable due to the stronger
al within real.
"We expect these condi-
irst-time tions to continue, and we're
receiving investing for the long term,"
as by said Spoleto's financial direc-
- 18 per- tor, Paulo Correa.
ing it off Others, however, aren't as
id. Infla- optimistic and point out that
o 3.1 per- Brazil still has a long way to go
n nearly to compete globally.
Brazilians still pay the high-

est tax rate among developing
countries, about 40 percent of
salaries, and must deal with
enormous government
bureaucracies to do business.
The International Finance
Corp., a private-sector branch
of the World Bank, recently
ranked Brazil 121st out of 175
countries in the ease of doing
And although the country's
economy is expected to grow
by 4.5 percent this year, that's
about half the rate of other
developing countries such as
China, India and neighboring
Export-based industries
such as agriculture have been
hurt by the strong real.
"We have two realities in

Mauricio Costa,
who manages
two high-end
appliance stores
around Rio de
Janeiro, has seen
sales boom as
prices drop due
to Brazil's strong

Brazil at the moment," said
Alencar Burti, president of the
Sao Paulo Business Associa-
tion. "We have immense
potential, like in our energy
sector with ethanol produc-
tion, but we're far behind else-
where with our awful infra-
structure and bureaucracy."
Brazilian President Luiz
Inacio Lula da Silva has tried
to spur growth with an eco-
nomic package that improves
infrastructure, offers more
credit to businesses and
reduces taxes. Yet economists
and business people say more
dramatic changes, such as
slashing government spending
and reducing labor restric-
tions, are needed.
"There's a lot of reserve
capacity in Brazil," said econo-
mist David Kupfer of the Fed-
eral University of Rio de
Janeiro. "We're in a good situ-
ation in the context of our his-
tory, but not so good in the
international picture. This is
the time to tackle the hard
issues and make the reforms
that will keep the country


In theory, e-shopping

held such promise

Employees' guilt trip:

Long hours vs. loved ones

Got guilt?
Research by a Florida
State University man-
agement professor shows many
U.S. workers feel guilty that
their jobs don't allow them to
spend as much time at home as
they would like.
Women say they feel guilty
more. But many fathers I know
race down the highway at night
trying to get home before their
toddlers go to bed and harbor a
little secret guilt when they

Wayne A.
an associate
professor of
management in
GOODMAN of Business,
MamiHerald corn gathered data
from 700
employees across several
industries to get insight into the
role that guilt has on work and
health. He discovered Ameri-
cans are working more hours
than employees in most other
countries. On average, married
couples are working six weeks
more more per year than a dec-
ade ago. And half feel guilty
about it.
"The problem is getting
worse, rather than better,"
Hochwarter says.
Fort-Lauderdale attorney
Joseph Goldstein feels guilty

about working a lot but adds
"everyone works a lot." For
him, it is not unusual to work
past 8 p.m. Yet that recently
prompted him to take a Friday
off to race go-karts and play
miniature golf with his sons.
Hochwarter's findings on
guilt should help shape some of
the new corporate focus on
wellness. After all, Hochwarter
discovered that people who felt
guilty over their long work
hours were more likely than
other employees to experience
more job-related stress, less job
satisfaction, more co-worker
conflict, higher rates of burnout
and even more physical pain
such as headaches and back-
Work guilt affects finances,
too. In Hochwarter's study,
more than 45 percent of
employees had bought "guilt
gifts" for a spouse or child in
past 30 days. A co-worker of
mine says work guilt costs him
at least $30 month for flowers.
The good news: There are
ways to manage your guilt so
you can return to a productive
frame of mind and keep your
health in check:
Make a plan. Get specific
with your concerns and how
you should address them.
Vague, all-encompassing wor-
ries do nothing but make you
feel guilty.
Communicate at work.

Good communication can cut
wasteful time at work by pre-
venting duplication or even by
leading to better cooperation,
recommendations for shortcuts
or suggestions on fixes for time-
consuming problems.
Don't apologize. If you
need to get away for a few
hours for a family responsibility
or obligation, don't apologize.
You are not a criminal.
Watch out for debt. If
you rack up debt, you will feel
more guilty about cutting back
on work hours or taking time
e Talk to your family
about work. Explain what you
do, why you do it and what ben-
efits it brings to the household.
Help them understand what
stresses you are experiencing.
Don't transfer your
guilt onto your spouse. You
can seek support without mak-
ing your spouse or partner feel
guilty. Avoid the misery-loves-
company approach. For exam-
ple, avoid saying to your spouse
"Doesn't it stink that we're
away from our kids so much?"
"A little guilt is just part of
life," Hochwarter says. "It can
be somewhat motivating. But
when guilt gets to too high a
level, it can paralyze you."
Send your comments and
ideas to Cindy Krischer Good-
man at cgoodman

Recently, the New York
Times reported that online
retail sales are flattening
'years of
tedly, online
sales of $116
billion are GREGG
nothing to FIELDS
sneeze at. fields@fiu.edu
But that's
just 5 percent of retail sales.
Jupiter Research, a market
analysis firm, is cited in the
article as predicting online
sales growth will slow to 9
percent annually by 2010,
compared to 25 percent in
2004. Forrester Research,
another market tracking
organization, says online
sales growth is slowing in 18
of 24 categories it tracks.
I'm not surprised. I con-
sider shopping the economic
equivalent of self-
flagellation it only feels
good when you stop. E-shop-
ping, as it was originally pro-
moted, would ease the pain.
It was the wave of the eco-
nomic future click and
order replacing brick and
It's easy to see why
American consumers would
like an alternative to tradi-
tional shopping. Part of the
problem is that, in a shop-
ping situation, you are
forced to forge personal
relationships with store per-
sonnel you don't really
know. It begins with, "May I
help you?"
If you do accept their
offer, you can't help but try
to win their approval. They
avert their eyes when you
hold up a large, so you get
the XL. Their body language
says "cheapskate" when you
reach for a sale item, so you
return it to the table. When
your credit card is declined,
you explain that another
person with your name (and
address) won't pay their
bills. They smile know-
ingly, and sadly.
Once, shortly before
Christmas, I felt compelled
to explain to a clerk that a
pair of very thick reading
glasses were actually for my
dad. I'm still using them.
At the other end of the
retailing spectrum are the
mass merchandisers, who
near as I can tell could care
less if you live or die.

The tipping point for me
came one recent Saturday
when I asked an associate at
a major chain where men's
shirts were. "Over there," or
something, he replied, ges-
turing toward, as it turned
out, the exit.
Be advised: That's the
kind of personalized and
informed service you can
only get when you shop in
So it's natural that Ameri-
cans would explore online
retailing. It offers the pri-
vacy that full-service stores
regularly invade, without the
vaguely rude air of outlets
whose associates essentially
tell you to find it yourself.
You don't have to leave
home. You needn't even
Personally, I needed
some CDs for my car, and
this way I could save the
Logging on to a well-
known retail site, I was
asked to set up an account.
Excellent professional but
If only it had ended there.
Once the data was
entered, a question
appeared. "Could you tell us
more about yourself?"
I was flattered and
quickly formed a mental out-
line: once won a spelling
bee, scored the winning free.
throw in ninth grade, likes
pizza and the beach at sun-
But the e-tailer wasn't
interested. "What would you
estimate your household
income is?" it asked. Maybe
it's just because I'm from the
Midwest, but that seems
rather personal. And, in my
case, it's also embarrassing.
There followed a list of
other probing questions.
Married? High debt pay-
ments? Stick or spray?
I kept waiting for the
opportunity to talk about
that ninth-grade free throw,
but never got a chance. Why
were they asking all these
questions? No one told me
there'd be a quiz.
Apparently, I'm not the
only one concerned. Accord-
ing to Internetretailer.com, a
2005 survey by Harris Inter-
active found that 67 percent
of Internet users have
decided not to register at a
website or shop online
because they found the pri-
vacy policy too complicated

or unclear. Another 64 per-
cent had decided not to pur-
chase something from a
company because they
weren't sure how their per-
sonal information would be
While I was vaguely won-
dering if this type of exami-
nation perhaps caused Tony
Soprano's behavior, the
e-tailer apparently con-
cluded I was psychologically
fit to buy an album because I
then was allowed to key in
the CDs I wanted to buy.
Came the reply: "Would
you like to see some other
exciting offerings?" Inexpli-
cably, I said yes.
The screen then changed
to show that people who
bought the CD I wanted also
frequently bought Nat King
Cole and the Andrews Sisters.
Oh, c'mon. Yes, Paul
McCartney is 64 and his wife
apparently neither needs
him nor will feed him.
And the Rolling Stones
really should consider
licensing their name to a
wheelchair line.
But buying Rosemary
Clooney's Girl Singer album
doesn't make one old. Per-
haps I should offer the
explanation that it was for
my mother, who is. But the
smug little e-clerk never
So I logged off. Clearly,
electronic shopping was
invading far too much of my
They know how much
money I don't make. They
know my preferred deodor-
ants. The Census Bureau
doesn't ask so many ques-
Besides, they're making
fun of me for buying a Rose-
mary Clooney record. I can
live without the attitude,
thank you very much.
So it's not surprising,
really, that online retailing is
reaching its peak. It's at once
both pushy and dismissive.
At least with traditional
retail concepts, you get to
choose one or the other.
I drove to a nearby store
and, walking in, asked where
the CDs were. "Over there,"
or something, the clerk said,
I was home.
Gregg Fields, a former
Miami Herald business
writer, is coordinator of the
master's in business journal-
ism program at Florida Inter-
national University. E-mail
him atfields@fiu.edu.

- I r I

THE MIAMI HERALD I MiamiHerald.com

Security body 'has longer

road to go than thought'

Tribune Business Editor

T he fledgling
j Bahamas Security
Industry Associa-
tion has released
the second draft of its consti-
tution, which has been
approved by its National Steer-
ing Committee, although its
co-chairman told The Tribune
the group had "a longer road
to go than first thought" due to
misconceptions over who the
body was for and what it was
trying to achieve.
Gamal Newry, the Associa-
tion's co-chairman and a Tri-
bune Business columnist, said
that to date some 40 persons
had signed up as members,
with registration lasting until
this Friday, June 29.
From there the list of mem-
- bers will be circulated to other
members only between July 2-
5, and on Friday, July 13, elec-
tions will be held for the Asso-
ciation's officers and directors.
Mr Newry said the associa-
tion had received much feed-
back on the new constitution,
and at the end of May-early
June met with the Association
of Caribbean Police Commis-
sioners, who encouraged them
in their work. However, there
are still obstacles to overcome.
"One of the biggest issues is
that people are seeing it [the
Association] as an attempt to
regulate the security industry,
and narrowed only to focus on
guard services providers," Mr
Newry said. "But our members
include people from law firms,
accounting firms, IT firms,
compliance officer, risk man-
agement officers. We are deal-
ing with the whole issue of loss
"We're not trying to regu-
late security guard services;
we'rjd'ist setting up a fratne-
work foriniformation sharing;
on how best to protect and
safeguard one's assets. We are
overcoming it as persons
become more familiar with
what we're doing. It's going to
be a longer road than first
thought, but it will be a net-
work of professionals coming
together to share experiences
and knowledge on asset pro-
Mr Newry said the Associa-
tion was not pursuing company
or corporate memberships
"until we have a better idea of
how we want to move ahead
with that". While government
and police personnel were
involved with the Association
in a personal capacity, as a col-
lective both had adopted a
"stand offish approach" to the
The Association in its con-
stitution talked about making
recommendations and sugges-
tions on standards that the
Bahamian security industry
had to adhere to, but leaving
the enforcement and regula-
tion to government.
Mr Newry said standards
and codes of conduct, as a
means of self-regulation, were
"definitely" required in the
industry, which had a vital role
to play given the current crime
situation in the Bahamas.
"Security is another arm that
needs to be more organised,"
Mr Newry said. "If you have
persons come to protect you,
provide, electronic systems,
provide consultancy services,
those persons must be quali-
fied and know what they are
"It's not just selling a prod-
uct, but having a code of con-
duct, code of ethics, so that
they're giving you quality stan-

dards and service."
Mr Newry described the
Bahamian security industry as
"vast", ranging from electron-
ic security systems and alarm
systems, to those who provide
fire and safety equipment.
Some 300 persons were regis-
tered as security providers with
the Ministry of National Secu-
rity, mostly guard services
providers, but it was not clear
whether these persons were
providing the services individ-
ually or through a company.
"These are things we want


Bahamas Security Industry Association

constitution ratified by committee

to address as we move for-
ward," Mr Newry said. "Secu-
rity is vital to the economy of
the Bahamas. Tourism is our
number one industry, and
while the underlying reasons
tourists come here are the sun,
sand and sea, they want to be
safe. If they're unable to enjoy

a safe environment, they're not
going to come to this country.
"If crime continues the way
it is, we are in for a very seri-
ous situation if we're not able
to reduce or control incidences'
of crime."
Mr Newry added that there
was no "magic bullet" solution

to combating crime, and the
police could not do it alone,
meaning that other sectors of
society, including the security
industry guards, electronic
systems providers, compliance
officers and anti-money laun-
dering officers all had a role
to play.


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A global leader in audit, tax and advisory services

Vacancy for the Position:

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Key job functions and responsibilities include the ability to audit internal controls over
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@ 2007 KPMG, a Bahamian partnership, and a member firm of the KPMG network of independent member firms affiliated
with KPMG International, a Swiss cooperative. All rights reserved.

S 'llwonderho you evergotlot


The Bahamian Stock Market

F INDEX 809.14. YTD 9.03%











The Tribune wants to hear
from people who are
making news in their
neighborhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
If so, call us on 322-1986
and share yom story.

behind t he ne~ws,

tre adInsight

on Monday

The Anglican Central Education Authority invites
applications from qualified Bahamians for the position
of Vice Principal for St. John's College beginning
September 2007.

The Applicant must have a Degree in Education from
a recognized University, with at least 10 years
accumulative experience.

For further details please contact the Anglican Central
Education Authority on Sands Road at telephone
(242) 322-3015.

Letters of application must be addressed to:

P.O. BOX N-656

The Deadline for applications is Friday, July 13, 2007



B PF has declared dividends of $0.20 per share, payable on
June 28, 2007, to all shareholders of record date June 15,
CAB has declared dividends of $0.06 per share, payable on
June 29, 2007, to all shareholders of record date June 15,
ICD has declared dividends of $0.10 per share, payable on
June 29, 2007, to all shareholders of record date June 15,
CBL has declared dividends of $0.12 per share, payable on
June 29, 2007, to all shareholders of record date June 15,
BBL has declared dividends of $0.01 per share, payable on
July 31, 2007, to all shareholders of record date July 16, 2007.
CWCB has declared dividends of $0.012 per BDR, payable
on August 8, 2007, to all shareholders of record date June 30,
Doctors Hospital Health Systems (DHS) will hold its
Annual General Meeting on June 28, 2007, at 5.30 pm at
Doctors Hospital Conference Room, No.1 Collins Avenue &
Shirley Street, Nassau, Bahamas.

Colina Holdings (Bahamas) (CHL) will hold its Annual
General Meeting on July 11, 2007, at 5.30pm at the J. W.
Pinder Building, Colinalmperial Insurance, Collins Avenue,
Nassau, Bahamas.
Abaco Markets (AML) will hold its Annual General
Meeting dn July 11, 2007, at 6pm at the British Colonial
Hilton Hotel, Number 1, Bay Street, Nassau, Bahamas.

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PAGE 6B, MONDAY, JUNE 25, 2007

- learning centre -

Appeals Court backed over legal

fight involving Ansbacher

Tribune Business Editor
A\\ elI -known
Ecuadorian fam-
ily has lost its
attempt to strike
out proceedings brought
against it by that nation's Cen-
tral Bank in relation to an
alleged $150 million fraud, the
Privy Council backing the
Court of '\ppcal on a side
issue iclatint' to a case that has
embroiled Ansbacher
The Ortega lainily and their
company, Conticorp SA, had
attempted to overturn Justice
John Lx ons decision not to
strike out the Central Bank of
Lcuador's lawsuit for want of
prosecution, and his refusal to
strike out any part of the re-
amendcd statement of claim.
Both the ( ourt of Appeal.and
Privy Council backed the
judge, and also allowed the
Central Bank's appeal to re-
amend its statement of claim.
The complex case, which
in olved the Central Bank of
Lcuador, Banco Continental
and its Netheiland Antilles
subsidiary, and a Bahamian-
domiciled mutual fund, Inter-
American Management Fund,
a:, plaintiffs, saw Ansbacher
(Bahamas) and a company
called Lex Holdings embroiled
as defendants to the main
action alongside the Ortegas.
But both Ansbacher
(Bahamas) and Lex were not
involved in the Privy Council
The case revolves around
Banco Continental, an
Ecuadorian bank that was until
March 1996 some 75 per cent
owned and controlled by the
Ortegas. Its Curacao subsidiary
controlled. Inter-American
Management Fund, and Ans-

* FRED SMITH is defending
the Ortegas over allegations
relating to $150nm fraud

bachcr provided financial ser-
vices to Banco Continental and
its affiliate until 1996.
Banco COntinental experi-
enced liquidity problems in
1995, and had to be rescued
with a $150 million Central
Bank loan a move that gave
rise to the current proceedings
in the Bahamian courts.
The Central Bank is alleg-
ing that up until 1994, Banco
Continental channeled much
of its lending through its
Netherland Antilles affiliate,
many of these loans going to
the Ortegas or entities that
they owned or controlled. The
Netherland Antilles affiliate
then assigned its loan portfolio
via a Bahamian company to
Inter-American Management
Then. at the end of 1995.
Conticorp reached an agree-
ment with Inter-American
Management Fund where the
loans would be assigned to the

Ortegas family company in
return for so-called Global
Depository Receipts (GDRs),
which allegedly represented
shares in the Ortega family
firm that owned 75 per cent of
the Banco Continental parent.
The Privy Council; record-
ed: "By this transaction, the
liability of the Ortega family,
and the individuals and com-
panies associated with them,
under the loans was trans-
ferred to Conticorp, a compa-
ny owned and controlled by
the Ortegas.
"In these proceedings, the
plaintiffs [the Central Bank]
challenge the genuineness of
at least some of the loans, but a
central issue, and possibly the
central issue, is whether the
transaction was genuine and,
if so, whether it should be set
aside. The plaintiffs contend
that the GDRs were virtually
worthless, that this was or must
have been appreciated by
those responsible for the trans-
action, and that the purpose of
the transaction was to evade
the Ortega family's exposure
under the loans. Accordingly,
the plaintiffs contend that the
effect of the transaction, if gen-
uine and not set aside, would
be to enable the Ortegas
wrongly to avoid liability under
the loans.
"Although the basic nature
of the claim therefore appears
comparatively simple, both the
nature of the relief the plain-
tiffs seek and the formulation
of the legal basis of their claim
against the defendants, appear
to have given those advising
the plaintiffs difficulties. It
should also be mentioned that,
apart from contending that the
transaction was genuine and
entered into in good faith, the
defendants have raised.a num-
ber of defences, including a

Join the leading Conservation
Organization in The Bahamas

Position: Park Warden

Primary Location: Warderick Wells, Exuma Cays Land & Sea

Primary Responsibilities: Enforcement of the rules and regulations
within the national parks. Assist Park Administrator with day to
day management and administration of the park.

Enforce the rules and regulations to protect native species and
the public in the park.

Undertake required maintenance and repair of Park property
e.g. building, boats and vehicle maintenance, task include
mechanical, carpentry and general construction.

Serve as BNT representative at Park committee meetings.

Assist with fund raising activities as appropriate.

In conjunction with the BNT staff, plan, develop and implement
community outreach programmes, education and public relations
initiatives to promote the goals of the BNT. A

Assist with scientific research programmes within the Park.

Provide support to the Royal Bahamas Police and Defence
Force with enforcement of immigration, illegal drug interdiction
and domestic disturbances in the Park.

Lend assistance to search and rescue efforts in the general park
environs and nearby waters.

Required Skills:
Strong interpersonal and communications skills.
5 + years law enforcement experience, an advantage
Willingness to live in a remote location for extended periods of
Willingness to work in difficult and sometimes dangerous
Willingness to undergo law enforcement and public relations
Experience handling boats in a variety of sea conditions.
Dedication to preserving natural resources within national parks.
Basic knowledge of how to operate and repair outboard motors,
electric motors, pumps, diesel motors.
Experienceworking with and motivating volunteers, an advantage.
Willingness to carry-out organizational mission with little day-to-
day supervision.

To apply: provide cover letter, resume, three references to
Human Resources Manager, Bahamas National Trust, P.O.
Box N-4105, Nassau, Bahamas or
bnt@bahamasnationaltrust.org by July 11, 2007

challenge to the locus stand
of the plaintiffs, and the appel-
lants have raised a counter
The case has been going for
some 10 years, but has yet to
reach a full trial on the merits
of the Central Bank's claim.
The Ortegas were represent-
ed at the Privy Council by Fred

Smith, the well-known attor-
ney and partner at Callenders
& Co's Grand Bahama office.
Ansbacher (Bahamas) is being
represented by Graham,
Thompson & Co and a UK-
based QC.
Some 100 loan transactions
are being challenged by the
Central Bank, which is alleging

that the Ortegas "sheltered"
behind Inter-American Man-
agement Fund, the Bahamian
mutual fund, and used it to
conceal their identities. The
Ortegas and Ansbacher
(Bahamas) are vigorously
denying the allegations against
them and appear to be fighting
all the way.



The Broadcasting Corporation of The Bahamas is
seeking a suitably qualified company to dismantle and
erect a new 350 foot Transmitting Guyed Tower on its
property located Settler's Way, Freeport, Grand

Interested parties should contact Mrs. Sharnett
Ferguson, Executive Assistant to The General
Manager at 242-502-3945, between the hours of
9a.m.- 5p.m., Monday to Friday to collect a copy of the
Tender documents, from our headquarters located on
Harcourt (Rusty) Bethel Drive, formerly 3rd Terrace,
Centreville, Nassau.

Bids must be returned in a sealed envelope to
Mrs. Ferguson No Later Than Friday, June 6, 2007.

Job Vacancy


Chief Internal Auditor

Position Summary:

Plan and execute audits in accordance with accepted professional standards to
determine compliance with company policies and procedures and adherence to
applicable laws and regulations.

Primay Duties and Responsibilities:

Develop detailed audit plans and programmes

Evaluate the adequacy and effectivncss of internal controls

Execute detailed audit procedures including reviewir transactions,
documents, financial records, policies and operating procedures and
prepare work papers documenting the audit procc arcs performed

Evaluate strategies and develop recommendations

Prepare comprehensive written reports

Undertake follow-up to determine adequacy of corrective actions

Provide assistance to external auditors as requested.

Qualifications and Experience:

Bachelor's degree in aicounting or related field and professional
certification (CPA, CA, ACCA, CFA)

Strong oral and written communication skills

Excellent computer skills

Five (5) years experience in a managerial position

Interested persons should provide copy(ies) of their degrees) and transcripts)

The Human Resources Manager
c/o DA Number 19301
P.O. Box N-3207
Nassau, Bahamas
Deadline: Wednesday, June 27, 2007

MONDAY, JUNE 25, 2007, PAGE 7B



PAGE 8B. MONDAY, JUNE 25, 2007

John S George to return to profitability 'by January 08'

FROM page 1

of about 200.
The key attractions of the
John S George purchase for
Mr Wilson are that its fully-
owned head office gives him a
retail infrastructure than can
also benefit his other busi-
nesses, in addition to enhanced
buying power and better dis-
tribution channels, the latter
of which comes through John S
George's warehouse and the
ability to sell products through
its retail outlets.
"I've pretty much run QBC
from my cell phone and my
jeep," Mr Wilson said. "Now, I
have an accounts payables
department, a financial con-
troller, a human resources

department, a distribution cen-
tre, an IT department and a
traffic department. That would
work not just for John S
George, but for QBC."
Of the planned back office
merger, Mr Wilson said he did
"not forsee it happening before
March/April 2008, but certain
co-operation is already begin-
ning to take place".
He added: "Certainly, with
John S George being around
for as long as it has, it has
established relationships with
major suppliers who we've
found difficulty accessing as
electronics operators.
"We expect that at the end
of the day, our electronics
offering in QBC will be
enhanced as a result of this
acquisition, and because of our

knowledge in the electronics
sector we expect the electron-
ics offering in John S George
will also improve."
Mr Wilson said he also
planned to merge his fencing
business, Quality Fencing,
which manufactures PVC and
aluminium fencing and gates,
into John S George, giving it
one distribution channel and
a sales network via the retail-
er's stores. Other products will
now also be distributed
through John S George.
Mr Wilson told Tribune
Business he was "very happy
with the way the deal was
structured" to purchase John S
George, as he acquired 50 per
cent of the company's shares
via an exchange of land assets
he held.

required for a Nassau based Construction Company

We currently have contacts in Nassau and the Family Islands and require a Quantity
Surveyor to work within a small team of professionals overseeing several high profile

The applicant should have over 1 year experience in working in the Bahamas as
a Quantity Surveyor, with Family Island experience being an advantage but not
necessary. They must be able to work on more than one project at a time with minimal
supervision, under the direction of the Commercial Manager.

The Applicant should have the following expertise and experience in Quantity
Surveying duties

Formulate bid documents
Analyze and report finding for bid documents return
Assessing contractor application
Agreeing change orders
Agreeing final accounts
Accurate take offs
Good record keeping

The individual should have the relevant Quantity Surveying qualifications, and be able
to satisfy the requirements of the Bahamas Immigration Department for working in the

Please forward your resume to P.O. Box N-9322, Nassau, The Bahamas addressed to
the Commercial Manager

Describing the deal as a an issue, and seemingly con-
"swap of hard assets", Mr Wil- firming reports that previous
son said this consisted of 10- management had exhausted
and-a-half acres of land he credit terms with suppliers and
owned in western New Provi- was restricted to cash flow
dence, coupled with "a five- only.
year promissory note with "There are challenges with
deductions for early repay- John S George's suppliers, and
ment". I have begun the process of
The land swap is likely to travelling, calling and meeting
have proven attractive to two with all the vendors, and assur-
investors in John S George ing them as best I can that
Holdings, the vendor, namely John S George will honour all
Julian Brown and David Mor- its obligations. When it
ley. Mr Morley heads Morley emerges from these troubled
Realty, while Mr Brown's times, we will remember our
Benchmark (Bahamas) has friends who were there in our
moved into real estate/proper- hour of need," Mr Wilson said.
ty development. The remain- The previous John S George
der of the purchase price is to owners had'launched a legal
be paid by Mr Wilson over five action against the people they
years. had acquired the retailer from
Although not interested in in 2004, Andy and Neil McK-
any public offering, Mr Wilson inney and Sydney Sweeting,
told The Tribune: "I do expect alleging that they had war-
that as we move forward that I rantied and guaranteed that
will invite persons, who have the loss of the $1 million Bay-
pursued me in the past for gone agency and True Value
select investment opportuni- distributorship would not hap-
ties in QBC that were not pen.
available, to have opportuni- But Mr Wilson told The Tri-
ties to invest in John S bune: "I have no intention of
George." pursuing any legal claims
Mr Wilson said he had been against the previous owners of
interested in John S George John S George. I have instruct-
for the past two to three years, ed my attorneys to pursue an
and was now focusing on how amicable settlement of all
he could keep his retail busi- issues that were involved with
nesses "going beyond my life- it."
time" so future generations He added that there was
could benefit, expected to be no change in
"My father worked at John S John S George's staffing levels,
George. I was nurtured and especially given the increasing
fed by John S George, so for competition for highly-skilled,
me it's a source of pride to qualified Bahamian workers as
acquire the company," he a result of the Atlantis Phase
added. "I was also greatly III project and Baha Mar's $2.4
attracted to the brand name. billion Cable Beach develop-
John S George has been ment.
around for ever, everyone "Quiet as it has been kept
knows it, and I think with the in Nassau, it's a challenge in
injection of my entrepreneurial getting good employees," Mr
zeal John S George will over- Wilson said. "We've been for-
come the challenges that lie tunate at QBC in that we've
ahead." retained a large percentage of
Disputing claims that John our staff. We expect that it will
S George had become a 'tired become challenging to get and
brand', Mr Wilson said instead retain staff. We're going to do
that it had "not effectively everything we can to strength-
responded to changes that en our retention of staff."
have taken place in the mar- Mr Wilson said he had
ketplace". From once having brought in "quite a few" of his
been "the only game in town" senior staff at QBC to help
when it came to hardware and ease the John S George transi-
building materials, John S tion, adding that he had no
George had not effectively plans to expand this format as
responded to competition from he was "comfortable with
the iees of Kelly's-Home-Gen -.QBC's position-in-the-nmarket-
tre, JBR Building Supplies, place".
Hanna's Hardware and a host "We are looking at estab-
of Over-the-Hill hardware lishing an additional
stores. Radioshack outlet out west, in
Mr Wilson said he was still Cable Beach," Mr Wilson said.
trying to get a handle on John "Radioshack is doing very well.
S George's inventory position, Radioshack was a situation
indicating that keeping inven- that it allowed us to strengthen
tory levels and supplies up was QBC because of the relation-

THE developers behind
the multi-million dollar
high-end residential and
resort community on Royal
Island, near Spanish Wells
off Eleuthera, hace selected
Moffat & Nichol as marina
designers and Dream Har-
bors as the marina manager
once the facility is complet-
The Royal Island marina
village, which is being
developed by Cypress Equi-

based Staubach Company,
and property developer
Behringer Harvard,nish We
includes a d& Nichpwaler mari-
200-plus yachts with slips
ranging from 50 feet to 400

The marna will be sur-
rounded by shops, cafes.
Custoiems and affiliate migration
and property, and a captains
club. It ill include a fuel
dock, dr) storage, gourmet
cena that re and fire, medicalte

and secure ity services. ts
construction is scheduled
for complenon by mid-2009.
"Planning. designing and
permitting are taking place
now, in order to begin con-
We are actively involved
with engineers to ensure a
greaC design and operations
planOffice" said John Swanson
olub. Dream Harbors.
of Dream Harbors.

ship with Radioshack Interna-
tional, as it allowed us to access
tens of thousandseof.-SK,,--i
[stock keeping units] from one
individual supplier."
Mr Wilson's purchase will
close once Bank of the
Bahamas International, which
made a $2.5 million loan to Mr
Hutton's consortium to finance
their purchase, is satisfied its
funds are secure.


A vacancy exists at The Grand Bahama Port Authority, Limited for one (1)

Qualifications and Pre-requisites:

Must possess excellent shorthand skills
Minimum of five (5) years secretarial or administrative experience'
Associates Degree in Secretarial Science, Business Administration or related
Good command of English language (verbal and written)
Working knowledge of Microsoft Word, Excel and Outlook programmes
Good organizational skills and ability to multi-task
Ability to work without direct supervision and under pressure
Confidential and flexible


The successful candidate will be responsible for providing high quality
secretarial and professional client services, including handling the telephones
and office correspondence; arranging and coordinating travel, meetings and
appointments; preparing itineraries and agendas; following up on outstanding
matters; handling and processing invoices for payment; faxing; organizing,
updating records and maintaining the filing system.

Resunmes with supporting documentation should be submitted to:

The Personnel Department
The Grand Bahama Port Authority, Limited
P.O. Box F-42666
Freeport, Grand Bahama
Email: personnel@gbpa.com
On or before July 6, 2007








The Ministry of Works & Transport and Knowles
Construction & Development Company Ltd wish to
inform the public that the road improvement works on
Milo Butler Highway from-Tonique Williams-Darling
Highway to Carmichael Road will commence on 25
June, 2007.

The Public is advised to observe the construction signs
pointing out the temporary traffic management.

Please drive with care and caution in the construction

We apologise for any inconvenience whilst we endeavour
to improve the road network in New Providence.



- I I



club acquires

second Abaco

Tribune Business
The LUSSOcollec-
tion, a vacation
club which spe-
cialises in provid-
ing members with luxurious
homes around the world, has
acquired a second property
on Abaco to cater to the
increasing demand that desti-
nation has generated among
its clients.
The Sea Turtle Cottage is a
2,800 square foot cottage
occupying a private peninsula
on Abaco's east coast, and
includes four bedrooms, each
with its own private bath-
The two-level residence
will have a hot tub, outdoor
grill and a personal golf cart.
The property will be avail-
able after September 2007,
although members can begin
making reservations now. It
joins the Astor cottage, which
is currently in operation on
LUSSO spokesman Lisa
Bergerson said the Bahamas
had been a popular destina-
tion with its members, which
was why a second home was
She added that LUSSO has
hired one Bahamian on the
island, who serves as a 24-
hour, seven days a week
concierge for the guests.
However, he is responsible
for outsourcing any services
or needs that may be
required while on the island.
Ms Bergerson added that
LUSSO currently has no
plans to add properties on
other Bahamian islands,
although given the popularity

of beachfront destinations, if
guest demand dictates addi-
tional Bahamian properties
may be considered.
The LUSSO Collection
operates differently from
timeshare properties,
although in both cases mem-
bers buy into vacation owner-
However, LUSSO, at its
completion will have a maxi-
mum of 550 members with
access to 100 properties in
the world, giving it a ratio of
5.5 members to one property,

one of the smallest in exis-
tence. In addition, members
are limited only by the avail-
ability of the property, mean-
ing they do not have to vaca-
tion at a specific time of the
Ms Bergerson said the
company also ensures that all
guest needs are met in
advance, so all they have to
do is pack their bags and
show up at the house.
. "We will stock the fridge
with the foods they want. If
they are travelling with kids,
we will have diaper genies.
Whatever they need will be
on hand, so literally all they
;1U '*


B U THE SEA TURTLE COTTAGE (a view of the deck is
shown) is a 2,800 square foot cottage occupying a private
peninsula on Abaco's east coast, and includes four bedrooms,
each with its own private bathroom

have to do is show up," she
The membership fee for
the club is $375,000 for indi-
viduals, with annual dues of
$26,500. At present, there are
about 80 members.

Contact us:


*Notable, convenient office address. Four
commercial office spaces available in a
range of sizes. Ground floor &
penthouse. Near hospitals, courts &
downtown Bay St.
Starting at $18 per sq. ft.

Linda Eldon
operty Manager
I: (242) 356-5030

Email: linda@grahamrealestate.com
Web: www.grahamrealestate.com

Showing Integrity Every Day


a fI~ A M W



Located Parliament Street,
Downtown Nassau

Serious inquiries Only!

Tel: 325-5363 or 477-1579

m 0



"Parliament Place"


Parliament Hotel,

Offices, Restaurant

& Patio

A vacancy exists for a Bahamian at The Grand Bahama Port Authority,
Limited in the Building and Development Services Department.
Director of Building and Development Services. The position reports
directly to Management.
Bachelor's degree in Civil Engineering with a minimum of fifteen
(15) years experience with substantial knowledge in the construction
industry w.r.t. building services, substantial familiarity with building
codes, substantial knowledge in urban engineering, and substantial
experience in management of projects. Legal mindedness, computer
literacy, the ability to communicate effectively and speak publicly,
and a character of integrity are essential.
Managing the day to day operations of the Building and Development
Services Department with respect to Building and Planning Code
matters, contracts administration of capital projects, implementation
of management's physical planning of subdivisions and overseeing
the City Management Department.
R6sum6s with supporting documentation should be submitted to:
The Personnel Department
The Grand Bahama Port Authority, Limited
P.O. Box F-42666 Freeport,
Grand Bahama
Email: personnel@gbpa.com
On or before June 29, 2007


I II -- -II -

MONDAY, JUNE 25, 2007, PAGE 9B


PAGE 10B, MONDAY, JUNE 25, 2uu/


Minimum wage increase may 'destroy economy'

ing minimum wages and their
impact on employment and
economic competitiveness,
warning that wages in open
economies such as the
Bahamas had to be linked to
productivity. If wages grew
faster than productivity, com-
panies lost competitiveness and
there was "job destruction".
"There are several indica-
tors that suggest that minimum
wages in the Caribbean are
higher than the ones that
would guarantee full employ-
ment," the IDB study said.

Legal Notice



(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 19th day of June 2007. The Liquidator is Argosa
Corp. Inc., RO.Box N-7757 Nassau, Bahamas.



The Bahamas' most exclusive Resort and Spa
anticipates its opening in early fall, 2007.

The resort is looking for a qualified candidate to join its
team to fill the position of:


The successful candidate should hold at least a Bachelors
Degree or equivalent in Finance or Accounting with at
least three years experience in Hospitality Accounting and
Finance. The candidate should have excellent knowledge
of computer accounting systems, particularly QuickBooks
software. Duties of the position include overseeing all
financial controls of the resort including cost controls,
reconciliation and payroll.

All applications are appreciated but only qualified
individuals will be considered. Please send your application
to admin@marleyresort.com, with "Reference Finance
Manager" or you may fax it to (242) 702-2822 no later than
June 29th, 2007

Equity Side






TAKE NOTICE that I, the undersigned Liquidator of
the above-named Company, intend to apply to the Supreme
Court of The Commonwealth of The Bahamas for the
release of Michael Hilton Fielder, Dennis Cross and myself
as the Official Liquidators of Bahamas Commonwealth
Bank Limited (In Liquidation), and father take notice that
any objection you may have to the granting of a release
to any of the above-named persons must be notified to
the Supreme Court of The Commonwealth of The Bahamas
before the date of the hearing on the 1st day of August,

Dated this 13th day of June A.D., 2007.

Alison J. Treco, Liquidator

Note: Rule 88(3) of The Companies (Windng-Up) Rules,
1975 states that "An order of the Court releasing the
Liquidator shall discharge him from all liability in respect
of any act done or default made by him in the administration
of the affairs of the Company or otherwise in relation to
his conduct as Liquidator, but any such order may be
revoked on proof that it was obtained by fraud or by
suppression or concealment of any material fact."

FROM page 1

even further ahead against
comparisons for the US and
However, the IDB study
found that Jamaica's and
Guyana's minimum wages, rel-
ative to per capital income,
were 75 per cent and almost
three times higher than that
for Trinidad & Tobago, imply-
ing also that they were higher
than for the Bahamas.
The IDB said it was assess-

There was evidence that mini-
mum wages directly influenced
lower wages in the public sec-
tor, especially daily paid work-
ers, and pushed the wage struc-
ture upwards for both the pri-
vate and public sectors.
The IDB recommended that
minimum wages should not
grow faster than productivity.
In response, Brian Nutt,
BECon's president, said: "My
feeling is that market forces,
more than anything, should
determine wages, and to have
a statutory minimum wage cre-
ates problems in the free mar-
ket system".
He added that the minimum
wage's introduction in the
Bahamas, in 2001 via the Min-
imum Wage Act, had created a
"higher threshold for entry
into the labour market for cer-
tain types of workers and cer-
tain types of work".
The minimflum wage's intro-
duction, the BECon president
said, had particularly impacted





Must be .....
Honest, Reliable, Dedicated,
Professional, Energetic &

Excellent $$$ Bonus Potential

Do You Have What it Takes?

If the answer isYES then take the next step
FAX RESUME TO 326-2824



(In Liquidation)

NOTICE is hereby given that the Creditors of the
above-named Company are required, on or before
the 26th day of July, 2007 to send their names and
addresses, with particulars of their debts or claims,
and the names and addresses of their Attorneys (if
any), to the undersigned, Mrs. Maria F6erre at One
Montague Place, East Bay Street, P.O. Box N-3932,
Nassau, Bahamas, the Liquidator of the said Company.

Dated 25th day of June, 2007

Maria Fe6rre

Legal Notice


Notice is hereby given that in accordance with Section
138 (8) of the International Business Companies Act 2000,
the dissolution of JAVELOT VALLEY INC. has been
completed; a Certificate of Dissolution has been issued and
the Company has therefore been struck off the Register.


workers who had been paid in-
kind, rather than receiving cash
and cheques, such as live-in
maids who received accom-
modation and food in return
for their services. Now, they
had to be paid at least the min-
imum wage, like all other
Bahamas-based workers.
"That's where you see a lot
of people affected by the min-
imum wage," Mr Nutt said.
"The minimum wage we have
in the Bahamas, although it
may be relatively high com-
pared to per capital income,
when it came into effect, it
affected about 5-6 per cent of
employees in the sense that
maybe their wages had to
increase to come into line with
the minimum wage."
In the run-up to the 2007
general election, several politi-
cians had made noises about
increasing the minimum wage
if their party was elected to
office, while Obie Ferguson,
president of the Trades Union

Congress, had argued that the
$150 per week minimum wage
"just cannot do it" in terms of
providing a stable, decent stan-
dard of living for a family of
three or four persons.
Mr Ferguson said the Gov-
ernment had done a poverty
study to assess whether the
minimum wage was adequate,
and while the results had nev-
er been published, it was his
understanding that it recom-
mended increasing the mini-
mum wage to $300-$335 per
week, effectively doubling it.
He did acknowledge,
though, that the impact of a
minimum wage increase on
business labour costs and the
wider Bahamian economy
would first have to be consid-
But Mr Nutt said: "The only
people excluded from the min-
imum wage are students or
young people, which means all
categories of workers are enti-
tled to at least a minimum
"When you look at state-
ments of doubling the mini-
mum wage, it's going to affect
such a large population that
we're going to see such an
increase in inflation that it will
destroy the economy."

Fo- thestoie
beh ndth n ws
rea 6Inigh

NOTICE is hereby given that EGBERT BLACKMORE of
SB-51820, NASSAU, BAHAMAS is applying to the Minister
responsible for Nationality and Citizenship, for registration/
naturalization as a citizen of The Bahamas, and that any
person who knows any reason why registration/naturalization
should not be granted, should send a written and signed
statement of the facts within twenty-eight days from the 18th
day of June, 2007 to the Minister responsible for Nationality
and Citizenship, PO.Box N- 7147, Nassau, Bahamas.



(No.45 of 2000)


Notice is hereby given in accordance with Section 137 (8)
of the International Business Companies Act, (No.45 of
2000), the Dissolution of LIQUIDITY INVESTMENT &
GROWTH FUND LTD. has been completed, a Certificate
of Dissolution has been issued and the Company has therefore
been struck off the Register. The date of completion of the
dissolution was the 5th day of June, 2007.


Legal Office Assistant Required

For a small Law Practice

Located in the West

some Legal Secretarial Experience

would be an asset

Junior Attorney Required

For Small Legal Practice
Located in the West
1-5 years Pratice required

Please email resume to

Mr Nutt agreed with the
IDB that productivity should
determine wages. Also
acknowledging that the cost of
living in the Bahamas was high,
any major minimum wage:
increases would just add to
this. This was because it would
fuel cost-push inflation, as the
cost of labour would increase,
forcing companies to pass at
least part of this rise on to con-
sumers in the final prices of
"The cost of living is high,
and we have certain things like
energy costs that have risen
dramatically in the last year or
two, with gas prices going close
to $5 per gallon and the fuel
surcharge going through the
roof," Mr Nutt said.
"Although the cost of living
is high, the minimum wage
being applied to everyone is
not the answer and not the way
to go in relation to our econo-
my. It would fuel more infla-
The IDB study also found
that the discounted cost of dis-
missing a worker in the
Bahamas, based on a multiple
of monthly wages, was slightly
below the Caribbean regional
average of 1.8 times monthly
wages. In Trinidad & Tobago,
Barbados, Jamaica and
Guyana, the costs were all
In the Bahamas, redundancy
payments involve a notice peri-,
od of two weeks if the worker-
has been employed for more'
than a year, and severance pay
equivalent to two weeks for
every year worked. For those
workers in a managerial or
supervisory capacity, the notice
period and severance pay are.


MONDAY, JUNE 25, 2007, PAGE 11B


liiiliii~I!~I~iU 1Y1 i iiFkEBUS]INE[S

FROM page 1

Warner Brothers is also
assessing the Bahamas as a site
for a production of its own,
while this nation has also been
touted as a location that could
host Mr Craig's film, Shadows
of the Fool (a non-James Bond
movie), as well as the Dunhill
advertisements that he features
Finally, informed sources
said Disney had decided to
film a Pirates of the Caribbean
IV sequel, and wanted to do
so at the Bahamas Film Stu-
dios. However, it is likely that
Disney will not do so as long as
Ross Fuller, the Nashville and
Atlanta-based banker who
chairs Bermuda-based Ashby
Corporation, the holding com-
pany that ultimately owns the
Bahamas Film Studios through
a series of subsidiary compa-
nies, remains in charge.
Mr Fuller and Disney had a
public disagreement, he claim-
ing that Disney owed the
Bahamas Film Studios $1 mil-
lion an allegation that the
company denied. As a result,
relations between Disney and
Mr Fuller reached a very low
Attracting all these produc-
tions to use the Bahamas

would give the Bahamian
economy a major boost, not
just from the extra spending
generated by production crews
and casts, but also in terms of
diversification and the ability
to create an indigenous film
industry in this nation by train-
ing Bahamians in all aspects
of film production.
Together, the 160 days of
filming in the Bahamas for the
Pirates of the Caribbean II and
III movies, together with 35
days of action for Casino
Royale, were estimated to
have generated $51 million for
the Bahamian economy
through hotel room stays and
spin-offs for Bahamian busi-
Mr Fuller has been attempt-
ing to sell the Bahamas Film
Studios, but is understood to
have made little progress after
a $14 million agreement he had
with Bahamas Filmlnvest
International, a group formed
by Bahamian banker, Owen
Bethel, president of the Mon-
taque Group, fell through.
It is thought that Mr Bethel
and Bahamas FilmInvest Inter-
national remain interested in
acquiring the Bahamas Film
Studios and remain willing to
approach Mr Fuller again,
even though the two sides were

Legal Notice



__ _

Notice is hereby given that in accordance with Section 138
(8) of the International Business Companies Act- 2000, the
dissolution of KOOBARRA OUTBACK INC. has been
completed; a Certificate of Dissolution has been issued and
the Company has therefore been struck off the Register.


Legal Notice



(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 20th day of March 2007. The Liquidator is Argosa
Corp. Inc., P.O.Box N-7757 Nassau, Bahamas.


unable to agree terms for an
extension to the March 15
deadline for their original deal
to close.
Another group said to have
been interested in the
Bahamas Film Studios was one
represented by the former
chairman of the Association of
International Banks & Trusts
(AIBT), Andrew Law, ex-head
of Credit Suisse Trust
(Bahamas), has since sent up
his own Bahamas-based finan-
cial services company, Inter-
national Protector Group
(IPG), but it is not known
whether his group has been
able to make any progress with
Mr Fuller.
Mr Bethel declined to com-
ment on the situation sur-
rounding the Bahamas Film
Studios or the interest being
shown in this nation by major
movie and TV producers,
while Craig Woods, head of
the Bahamas Film Commis-
sion, could not be reached for
But Mr Bethel, who recently
returned from the Travelling
Caribbean Film Festival's con-
clusion in Havana, which
included a UNESCO-spon-
sored convention on culture
and development, said the fact
that this nation possessed the

purpose-build Bahamas Film
Studios gave it a strategic
advantage over other
Caribbean nations.
"The conference in Cuba
involved a body looking at
regional perspectives on these
things, and the Bahamas, hav-
ing a studio, makes it very
strategic as a regional centre
for production," Mr Bethel
said. "The Bahamas can fea-
ture very strongly in terms of
the momentum for regional
productions that tell a local sto-
ry or theme."
The original business plan
for the Bahamas Film Studios
called for the construction of
sound stages and other TV and
film production facilities, fol-
lowed by a movie theme park,
hotel and other real estate
components, leading ultimate-
ly to the creation of an indige-
nous Bahamian movie indus-
Mr Bethel's group had esti-
mated that an $80-$90 million
investment would be needed
to realise this vision, and that
the Film Studios could employ
between 700-1200 fixed staff
when in use.
The Tribune had reported
previously that FirstCaribbean
International Bank (Bahamas)
and United Insurance, the

Legal Notice



(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 20th day of June 2007. The Liquidator is Argosa
Corp. Inc., P.O.Box N-7757 Nassau, Bahamas.



With Peripheral Vascular
Surgery Training.

10 years experience required.

Call 242-326-2346

guarantor for the $9.95 million
construction loan that the for-
mer had made to the Bahamas
Film Studios, had reached an
agreement where the latter
would pay the Studios' debt to
the bank.
Out of the $14 million pur-
chase price that Ashby Corpo-
ration was due to receive, some
$9.95 million will now have to
go back to United Insurance
company, rather than the bank,
while a further $1 million will

be used to pay off the
Bahamas Film Studios' debts
to other Grand Bahama-based
and Bahamian suppliers.
Mr Fuller took control after
two of the project's three
founders, Hans Schutte and
Michael Collyer, passed away.
The surviving partner, Paul
Quigley, is no longer with the
Bahamas Film Studios, and has
launched a $1.7 million legal
action over the way in which
his involvement was ended.

To advertise in The TNibune,

just call 322-1986 today!

Legal Notice



(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 19th day of June 2007. The Liquidator is Argosa
Corp. Inc., P.O.Box N-7757 Nassau, Bahamas.


., ,~.~Y A L,,ALRLLE ,.
ELIZABETH THE SECOND, by the Grace of God, Queen of the
Commonwealth of The Bahamas and of her other realms and territories,
Head of the Commonwealth.
TO: Vendall Rolle
#294 Millenium Gardens
Nassau, The Bahamas
WE COMMAND YOU That within Fourteen days after service of this
writ on you, inclusive of the day of such service, you do cause an appearance
to be entered for you in an action at the suit of COMMONWEALTH
BANK LTD. of Star Plaza, Mackey Street, P.O. Box SS-6263, Nassau,
The Bahamas and whose address for service is Messrs. Halsbury Chambers,
Halsbury Commercial Centre, Village Road, North, P.O. Box N-979, Nassau,
The Bahamas, Attorneys for the Plaintiff.
And take notice that in default of your so doing the Plaintiff may proceed
therein, and judgment may be given in your absence.
WITNESS, the Honourable Justice Burton Hall.
Our Chief Justice of the Commonwealth of The Bahamas the 2nd day of
February in the year of Our Lord Two Thousand and Seven.
N.B. This Writ may not be served more than 12 calendar months
after the above dates unless renewed by Order of the Court.
The defendant may enter-appearance personally or by attorney either
by handling in the appropriate forms, duly completed, at the Registry
of the Supreme Court, Public Square, in the City of Nassau in the
island of New Providence, or by sending them to that office by post.
1. The Plaintiff was at all material times a Company duly organized and
existing under the Laws of the Commonwealth of The Baharmas to
carry on business of money lending within the Commonwealth of The
2. The Defendant was at all material times a customer of the Plaintiff's
3. That on the 24th day of May. A.D., 2004 the Defendant was granted
a loan in the amount of $30,809.91 with interest at the rate of 16%.
4. That the amount repaid by the Defendant is $8,953.12, of which
$1,555.89 was applied to principal and $7,397.23 was applied to
5. That the principal amount due but unpaid by the Defendant is
$30,141.87, including add on charges in the amount of $1,220.10.
6. That the date of default was the 20th day of August A.D., 2006.
7. That the amount of interest due and unpaid as at the 31 st day of January
A.D., 2007 is $5,314.98.
8. To-date the Defendant has failed to pay the outstanding amount due
and owing to the Plaintiff as aforesaid despite repeated demands by
the Plaintiff for.payment thereof.
9. As a result of the aforesaid matter the Defendant is indebted to the
Plaintiff in the amount referred to in paragraphs 5 and 7 herein, upon
which interest continue to accrue at the rate of $13.35 per diem.
10. By reasons of the matter aforesaid the Plaintiff has suffered loss.
i) The principal sum of $30,141.87.
ii) The sum of $5,314.98 being interest due and uncollected and
continuing at the rate of $13.35 per diem;
iii) Costs;
iv) Such further or other relief as the Court deems just.
Dated this 1st day of.February A.D., 2007
P.O. BOX N-979

NINE& pjssss C
C F A L-"
Pricing Information As Of:
Friday, 22 June 2007
BISX ALL SHARE INDEX: CLOSE 1.803.92 / CHG 00 26 / %CHG 00 01 ," YTD 127 73 / YTD % 07 62
5..Ak.-i 52.sk-Lo,. .*_S e.:,o,'d , Pe. ..u3- C.i1,. :. T..ja, ..i-, *. r,,r,. :.. :1 EPS P E Y.el
1.48 0.54 Abaco Markets 1.48 1.48 0.00 0.000 0.000 N/M 0.00%
12.05 11.00 Bahamas Property Fund 11.59 11.59 0.00 1.548 0.400 7.5 3.45%
9.41 7.23 Bank of Bahamas 9.40 9.40 0.00 0.737 0.260 12.8 2.77%
0.85 0.70 Benchmark 0.85 0.85 0.00 -0.013 0.020 N/M 2.35%
3.20 1.43 Bahamas Waste 3.20 3.20 0.00 0.279 0.060 11.5 1.88%
1.49 1.20 Fidelity Bank 1.42 1.42 0.00 0.064 0.020 22.2 1.41%
10.74 9.00 Cable Bahamas 10.74 10.74 0.00 0.949 0.240 11.3 2.23%
2.21 1.80 Colina Holdings 2.21 2.21 0.00 0.281 0.080 7.9 3.62%
14.63 10.60 Commonwealth Bank ...........14.63 14.63 0.00 1.152 0.680 12.7 4.65%
5.72 4.22 Consolidated Water BDRs 5.53 5.47 -0.06 0.112 0.049 49.6 0.88%
2.76 2.40 Doctor's Hospital 2.43 2.43 0.00 0.281 0.000 8.6 0.00%
6.35 5.54 Famguard 6.30 6.35 0.05 1,500 0.694 0.240 9.1 3.78%
12.61 11.50 Finco 12.61 12.61 0.00 0.787 0.570 16.0 4.52%
14.70 12.43 FirstCaribbean 14.50 14.50 0.00 0.977 0.500 14.8 3.45%
17.50 11.00 Focol 17.50 17.50 0.00 1.657 0.520 11.1 2.97%
1.05 0.54 Freeport Concrete 0.54 0.54 0.00 -0.432 0.000 N/M 0.00%
10.20 7.10 ICD Utilities 7.30 7.30 0.00 0.532 0.200 13.7 2.74%
9.50 8.52 J. S. Johnson 9.50 9.50 0.00 0.868 0.570 10.9 6.00%
10.00 10.00 Premier Real Estate 10.00 10.00 0.00 1.167 0.600 8.6 6.00%
i Ftdatity Over-The-Counter Specr,lies
52wk-Hi 52wk-LC.-... .5 i:.,-i z .LB. L. I .=" ..*-- 1, ..*. EP- D'. P E ,eio
14.60 12 B rar.aras ..peimar et. 4 c,0'i l .,J 1 ,;'- 1 1 12 6 12 :
10.14 10.00 Caribbean Crossings (Pref) 8.00 8.25 10.00 0.000 0.640 NM 7.85%
0.54 0.20 RND Holdings 0.45 0.55 0.20 0.034 0.000 26.2 0.00%
Colina Over-The-Courtler Securitihs
4-13 0L ,.68 0.0 ABC,-B 1J1 ,. -tI u.. 41.00 2.220 0.000 19.4 0.00%
14.60 14.00 Bahamas Supermarkets 14.60 15.50 14.00 1.234 1.125 12.6 7.71%
0.60 0.35 RND Holdings 0.45 0.55 0.45 0.021 0.000 26.2 0.00%
BISX LIsleo Mutual FFundS
52ArkH. .K.La Furd N.srr, e.T-I ,TCO i_-l 1- r 1.:.,-hs Div$ Yield %
1 34. ,7 1 a' 3:, c :,l.,r, r.1,,,-, r. t .-. l Fu."',3 I 3 :-..1 .
3.2018 2.9038 Fidelity Bahamas G & I Fund 3.2018***
2.6819 2.3915 Colina MSI Preferred Fund 2.681688*
1.2443 1.1695 Colina Bond Fund 1.244286**.*
11.5519 11.0199 Fidelity Prime Income Fund 11.5519.***.
FINDEX CLOSE 809.00 'YTD 09.01% /2006 34.47%
6*E -I.L E.., .r c,, i .._-. .:.; ,- .,:".:.,., r .,-. T T _- = MS YIELD last 12 month dividends divided by closing price NAV KEY
52wk-HI Highest closing price in last 52 weeks Bid $ Buying price of Colina .ind Fidelity
52wk-Low Lowest closing price in last 52 weeks Ask $ Selling price of Colina and fidelity 15 June 2007
Previous Close Previous day's weighted price for daily volume Last Price Last traded over-the-counhir prico
Today's Close Current day's weighted price for daily volume Weekly Vol Trading volume of the prior week ** 30 April 2007
Change Change in closing price from day to day EPS $ A company's reported oarnring per share for tile last 12 mths
Daily Vol. Number of total shares traded today NAV Net Asset Value "" 31 May 2007
DIV 5 Dividends per share paid in the last 12 months N/M Not Meaningful
P/E Closing price divided by the last 12 month earnings FINDEX The Fidelity Bahamas Stork Index Janu;.ry 1. 1994 = 100 ... 30 April 2007
.**. 31 May 2007
TO TRADE CALL: COLINA 242-502-7010 / FIDELITY 2-42-356-7764, FOR MORE DATA & INFORMATION CALL (242) 394-2503


PAGE 12B. MONDAY, JUNE 25, 2007

a 1 I I

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Introducing the FirstCaribbean Senior Accounts.
These accounts are designed to reward you, and help make your life
easier. After all, you deserve it. Imagine, you pay no fees on most of your
transactions and services. At age 65, you can become one of our
preferred Senior Account customers and enjoy:
* FREE deposits and withdrawals at any FirstCaribbean branch
* FREE account transactions no processing charges
* COMMISSION-FREE travellers cheques
* NO EXTRA CHARGE on standing orders or local drafts
* NO MONTHLY service charges
* FREE account statements twice a year for Senior Savers Account
* FREE monthly statements for Senior Chequing Account customers
Choose between the Senior Savers or Senior Chequing Account, or open
both, as your needs dictate. Plus, if you already hold an account with us,
it's easy to switch and enjoy all the benefits of our Senior Accounts.

Visit your nearest FirstCaribbean
branch and start your account today.


The Partners and Staff of Ernst & Young,
toasts and congratulates
Hubert A. Chipman
on his appointment as Country Managing Partner
of Ernst & Young, Bahamas

We wish you every success!

Quality In Everything We Do

And you get the gift of

On SE flO

during the
S87month of Jun!

Call us today. We pmvide
Rnancial Solutons for Ufe!

242-461-1000 l www.babfinancial.com British
Freeport 242-352-7209 Exuma 242-336-3035 Abaco 242-367-6501 BU IJeinfiln