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The Tribune.
ALL ISSUES CITATION THUMBNAILS ZOOMABLE PAGE IMAGE
Full Citation
STANDARD VIEW MARC VIEW
Permanent Link: http://ufdc.ufl.edu/UF00084249/02968
 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: 8/16/2007
 Subjects
Genre: newspaper   ( sobekcm )
Spatial Coverage: Bahamas
 Notes
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_02968
System ID: UF00084249:02968

Full Text






ITS BACK


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PARRY CLOUDY


The


Tribune


Volume: 103 No.220


THURSDAY, AUGUST 16, 2007 PRICE -750
N "*'..-__________ __ ___ _


**I IN 3AIUN


cie PL


Nottage 'oldest candidate

seeking party leadership';

Christie 'won't back anyone

of his own generation'


* By PAUL
TURNQUEST
Tribune Staff Reporter
WHETHER or not the
PLP's national council con-
siders age as an issue when
their convention is called will
determine if Dr Bernard Not-
tage will be the next leader of
the party.
Political sources say that at
61, Dr Nottage is by far the
oldest candidate seeking the
post of leader of the PLP.
Reportedly, the party's cur-
rent leader, Perry Christie, has
already advised some mem-
bers in his party that he would
not be backing "anyone of his
generation" for the top post
- making clear his disapproval
of Dr Nottage ever being
leader of the PLP.
This, it was claimed, was
because of the "bitter race"
for leader of the PLP that Dr
Nottage and Mr Christie
fought after it was decided
that Sir Lynden Pindling
would not carry the PLP into
another election after the 1997
defeat.
Mr Christie won that con-
tesi, and Dr Nottage broke
away from the party to form
the CDR. In 2005 Dr Nottage
rejoined the PLP at the party's
annual convention in Novem-
ber and was appointed Min-
ister of Health by then Prime
Minister Christie.
However, the second per-


- .


* DR BERNARD
NOTTAGE


son vying for the leadership
of the PLP is the current
"heir-apparent", Fort Char-
lotte MP Alfred Sears. With
the backing of the current par-
ty leader, Mr Christie, Mr
Sears is reported to be a sig-
nificant challenge who stands
"a real chance" of gaining con-
trol.
One source added: "Once
Christie is off the scene no one
will be checking for him. He
ain't no Pindling. He couldn't
believe he was going to be
prime minister forever. Sears
is a capable fella' who is a
tremendous public speaker
with tremendous talent. But
most people don't see this
SEE page 10


* JUST weeks before the new school year, this mother of two sits at the Coral Habour
roundabout with a sign asking the public for assistance to buy food for her children.
(Photo: Felipi Major/Tribune staff)

'King' Eric claims former PM Educational
donated $15K to keep Anna Nicole's system 'in need
name out of Valentine's Da rjeatta of overhaul'


d By KARIN HERIG
Tribune Staff Reporter
"KING" Eric Gibson claimed
yesterday that prior to the Ack-
lins regatta debacle, former
prime minister Perry Christie
donated $15.000 to kcep Anna
Nicole Smith's name out of this
year's Valentine's D)av sailing
regatta.
Defending his actions during
the controversial Acklins sail-
ing regatta, Mr (Gilson yester-
day called into the Niorce94
radio show Real Ialk Live stat- NNA Nicole Smith
ing that Bahamians should hon- 'should be honoured by
our the former laboy play- Bahamians', according to
mate oanhKing' Eric Gibson. (AP)
"That womanly has done so much for the Bahamas," he said.
Mr Gibson, a long-time sailing consultant to the govern-


SEE page 11


* By TANEKA THOMPSON
THE country's educational sys-
tem is in need of a serious overhaul
in order to address the growing
trend of low performance in the


nation's schools, sources close to
the educational community say.
On the heels of the "sub-stan-
dard" results of the 2007 BGCSEs
which test senior high school stu-
dents' knowledge of a prescribed
course of study, many concerned
citizens feel the national scores are
merely a symptom of a mounting
problem that has been affecting
the country's schools for years.
"In my view we are over empha-
sising the average grade. I think
that there are other indicators, or
other ways that we ought to be
measuring our success in educating
SEE page 12


The Bahamas
'is likely to
escape' the
season's first
hurricane
N By KARIN HERIG
Tribune Staff Reporter
THE Bahamas will most
likely have a lucky escape
from the season's first hur-
ricane, as Tropical Storm
Dean is projected to pass
south of the islands.
However, Bahamians,
especially those in the
south-eastern islands are
urged to monitor the storm
closely as the system's tra-
jectory could change sud-
denly due to atmospheric
factors.
Chief meteorology officer
Basil Dean yesterday also
warned fishermen to exer-
cise caution as the south-
eastern Bahamas will expe-
rience some strong winds
when the storm passes in the
early hours of Monday.
"It's still expected to
become a hurricane before
it reaches us, it could pose a
SEE page 10

Single malaria case
won't result in US
travel advisory
* By BRENT DEAN
Tribune Staff Reporter
THE US government will not
issue a travel advisory for the
Bahamas at this time based on
the single case of malaria con-
tracted by an American last
month in Exuma.
Dan O'Conner, chief political
and economic officer at the US
embassy, revealed this to The
Tribune yesterday.
The infected American visitor
from Florida showed symptoms
of the disease five days after
returning from Exuma late last
month, prompting US officials
to contact the Ministry of Health.
During the outbreak last sum-
mer, 19 cases of malaria were
reported in Exuma, with no fatal-
ities resulting from the outbreak.
Both US and Canadian health
officials subsequently issued trav-
el warnings for their citizens trav-
elling to island, advising them to
SEE page 10


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THE TRIBUNE


PAGE 2. THURSDAY, AUGUST 16, 2007


The Chicken



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We've Added French Accents to Our Classic Chicken.


THERE were huge delays at Lynden Pindling International Airport, believed to be caused by a
~,


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Center Cut Chicken.


I LO C A NE W S


STHERE were huge delays at Lynden Pindling International Airport, believed to be caused by a
faulty security system


Chaos in airport



at system failure


* By ALISON LOWE
Tribune Staff Reporter
A MALFUNCTIONING
security screening system
caused massive queues and
delayed flights in the interna-
tional terminal of the Lynden
Pindling International Airport
yesterday, it was claimed.
According to an eye witness
report, there were chaotic
scenes at the airport as passen-
gers lined up from the baggage
x-ray points, where those await-
ing flights are processed prior
to reaching customs officials, all
the way through the terminal
back to the Avis car rental
booth near the baggage arrival
hall.
Some visitors reportedly com-
plained that they would never
return to this country as a result
of the chaos, which lasted up to
an hour and a half.
However, contrary to this and
other reports, director Errol
Farquharson of the Airport
Authority the man noted by


other staff members as the per-
son with authority to speak on
the matter denied any knowl-
edge of a problem in the secu-
rity section yesterday.
"I don't know about any long
lines," Mr Farquharson told
The Tribune.
The backlog was confirmed
independently, however, by
Nassau Development Compa-
ny vice president of operations
Lori Chambers and other
sources inside the airport.
Malfunction
One said that the delays
began at around 11am, when
the east-side security screening
system which includes a met-
al detector and the baggage x-
ray machine began malfunc-
tioning.
Passengers, including a Tri-
bune executive, were therefore
forced to queue for the other
security point.on the west side,
or undergo a manual search.


"They were operating man-
ually on one side and on the
other side there was only one
point open. Normally there's
two machines open on each
side," said an airport insider.
"The lines were doubled up out-
side," the source said.
The speed of these operations
were further hampered by a
shortage of staff, the source
claimed, although this could not
be corroborated.
According to a source con-
nected with one major interna-
tional airline, one international
flight had to be delayed by 25
minutes as passengers were not
getting through the security
check points in time. The source
suggested that "most" other air-
lines had similar forced delays,
and the situation did not see
any significant improvement
until around 2pm.
This improvement only came
as a result of a lightening of the
burden on the check points as
fewer flights were scheduled, it
was noted.


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THE TRIBUNE


o In brief

Man faces
charge of
assault on
young girl
A 31-YEAR-OLD man was
arraigned in Magistrate's Court
vesterdav afternoon, in connec-
tion with an assault on a 14-
year-old girl.
According to court dockets,
it is alleged that Donald Light-
bourne assaulted the girl with
intent to rape her on Friday,
May 18.
Lightbourne pleaded not
guilty to the charge. He is
expected to return to court
today for a bail hearing.
The matter has been trans-
ferred to court five in Bank
Lane and adjourned to August
30 for mention.

Young man
denies
shotgun
possession

A 23-YEAR-OLD man was
arraigned in Magistrate's Court
yesterday, charged with posses-
sion of an unlicensed shotgun.
According to court dockets, it
is alleged that on Saturday,
August 11, Lavard Williams was
found with an unlicensed 12
gauge shotgun.
Williams, who was arraigned
before Magistrate Renee McK-
ay at court six on Parliament
Street, pleaded not guilty to the
charge. He was granted bail in
the sum of $5,000. The case was
adjourned to November 27.

Fine for man
found with
undersize
crawfish
A 23-YEAR-OLD man
appeared in Magistrate's Court
yesterday afternoon where he
pleaded guilty to possession of
undersized crawfish and conch.
Mark Dunkley, 23, of San
Souci Drive was arraigned
before Chief Magistrate Roger
Gomez at court one in Bank
Lane yesterday.
According to court dockets,
on Sunday, August 5, he was
found in possession of a quan-
tity of undersized crawfish mea-
suring less than three and a
quarter inches from the base of
the horn to the end of the jack-
et.
Court dockets also state that
on the same day, Dunkley was
found in possession of under-
sized crawfish tails measuring
less than five and a half inches.
It was further alleged that he
was found in possession of
undersized conch, the shells of
whicli did not possess a well
formed lip.
The accused was also charged
with failing to have a measuring
gauge onboard his vessel.
Dunkley pleaded guilty to the
charges and was fined $2,500
which must be paid by 4pm
today.

Woman
denies
stealing from
workplace
A 31-YEAR-OLD woman of
Rocky Pine Road was arraigned
in Magistrate's Court yesterday,
charged with stealing by reason
of employment.
It is alleged that on Friday,
August 3, Natasha Rolle stole
$499 from Solomon's Super
Centre by reason of her
employment.
Rolle, who was arraigned
before Magistrate Marilyn
Meeres at court five in Bank
Lane, pleaded not guilty to the
charge.
She was granted bail in the
sum of $1,000. The case was
adjourned to December 12.


PLP chair Rigby



accused of using



misinformation


THE chairman of the
FNM has accused the PLP
chairman of telling "half-
truths" and circulating "mis-
information.
Senator Johnley Ferguson
spoke to The Tribune yes-
terday about some of the
claims, purportedly made by
the PLP, against the new
government, ranging from
rampant victimisation, to the
sabotage of the economy.
- An e-mail, circulated on
Tuesday from "PLP Media"
claimed among other things,
that the FNM has "stalled
contracts, and terminated
workers across the civil ser-
vice; created impasses with
anchor developers; discarded
the advice of competent civ-
il servants; stopped over $90
million in capital develop-
ments for the country."
Regarding the review of
contracts. Mr Ferguson used
the Straw Market as an
example of the need for the
comprehensive review of the
actions of the last govern-
ment.
Even the former PLP min-
ister, Leslie Miller, Mr Fer-
guson said, has made public
statements claiming that the
market could have been built
for around $10 million.
"And in his reported
words, greed caused it to end
up being almost three time
as much, or more than three
times as much. Now, if a for-
mer cabinet minister can
make that statement, any
government coming into
office, thaistmust raise a red
flag for the government to
check to see what was going
on," he said.
Regarding the controver-
sial review of the proposed
school at Salina Point. Ack-
lins, Mr Ferguson said that
"an appropriate school" is
now being built "at a cost of
under $800,000" as opposed
to the more than $2 million
structure proposed by the
PLP, which was to contain a
400 metre track, serve as a
hurricane shelter and com-
munity centre.
"The bottom line is to try
and get maximum results
and value for the Bahamian
dollar," he said.

Rebuttal

Regarding the claims of
rampant victimisation of civ-
il servants, Mr Ferguson said
that his government is mere-
ly "reorganising" and
"restructuring" the service.
"The point I would ask
them to check, find me one


PetCoto

Tpoicl Eteiiilto


SJOHNLEY Ferguson


person who got up and said 'this
has happened to me. I wais vic-
timised.' Now, we are getting at
lot of what the PLP are saving,
and I believe the PLP are real-
ly referring to themselves they
feel like they were victimised
because the people voted them
out," he said.
"There have been officers.
there have been persons, who
have been moved around. And
if vou check it carefully, under
this government it \\was donite 'lo
very good reasons." NIr FoirgCt-


son added.


4






4








4
4

4

4,

4

4






4*'M


4t



4

4

4a


These statements challenge
the claims of workers who
demonstrated in Grand
Bahama, and those that showed
up at Workers House in the last
month with the PLP, alleging,
for the most part, victimisation
based on the non-renewal of
their short-term government
contracts.
Shifting topics, Mr Ferguson
said that the FNM is not block-
ing the foreign investments left
in place by the PLP.
."The government, like any
good government will do, is to
make sure all of the necessary
tests and cnivilonmcntal stud-
ies and everything else are in
place be fore you proceed -
because the y!overiinmenlt (the
la'At PI I'P admi nislration) really
sigincd lie:tld:ls ,f ;gi 'ceLtenlts thlit
thev themselves seemed not to
haIvi understoodd" lie said.
I'he I NM Nchairmtan brushed
aside siggestl ions that the con-
stlicltion industry is being
harmed by' Ills government's
reviews.
"In fact. I have spoken to a
few contact .)rs and they have
said that Ihl'\ are happy that
the go\s crnm'',ent is no\v looking
o er these conltricts." he said.


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THE TRIBUNE


**H^I^^^H^^I^^HIHHIIIHBI^H^^ILOCALIi NEWSdBj^^


THURSDAY, AUGUST 16, 2007, PAGE 3








PAGE 4, THURSDAY, AUGUST 16, 2007


THE TRIBUNE


EIOIAULETTERS T HEEITO


THE PLP's desperation to get back into pow-
er, seemingly at any cost, is starting to raise,
not only our curiosity, but our suspicions. Pow-
er must have a special magnetic pull a pull
that we can't fathom but a pull that just
won't let them go.
Some of them remind us of moths circling a
light bulb at night. They are drawn in, closer and
closer until they touch the fiery hot bulb and are
destroyed. Over the years we have seen politics
destroy many men, some good, some not so
good, some downright scoundrels.
As most of us move forward, striving for a
better future for the Bahamian people, PLP
politicians have been left behind in the trench-
es still fighting an election that the rest of us
know is over.
In the process they insult the Bahamian peo-
ple with their half truths and outright lies that
they can't seem to shovel out fast enough.
Their latest scribblers claim that the coun-
try is falling apart, companies are closing their
doors, cruise ships are pulling out and straw
vendors have been left to suffer under a rat-
infested tent, and on and on they go trying to
make 11 truth-twisting points in their latest
communique.
As more of their incompetence during their
five years of mismanagement comes to light,
we now believe those who maintain that anoth-
er five years of the Christie government would
have completely destroyed this country.
There is no mass closing of doors by disillu-
sioned company owners. Yes, cruise ships are
pulling out, but only because the Christie gov-
ernment did nothing when given plenty of xvwrn-
ing that if the Bahamas wanted the cruise ship
business it had to enlarge its berthing spaces.
Yes, straw vendors are still under rat-infest-
ed tents. They have been there for five years
under the Christie administration. The Ingra-
ham government has just been in office for
three months, and is trying to solve the problem.
For five years the Christie government failed the
straw vendors. Is the Ingraham government
expected to work miracles in three months'?
We know it is a more efficient government, but
even it has limitations.
The PLP propagandists are just making
themselves look silly. The Bahamian people
are not as stupid as they think they are and
they also have memories. Grass root Bahamians
should resent being treated as fools. Remember
the University of Wulff Road was banished
many years ago. The people have graduated
from that morass of ignorance. But for some of
the PLP that penny of realisation is yet to drop.
However, one of the points made in the
PLP's latest bit of propaganda is that the Ingra-
ham government has fired "42 police officers
and continues to politically dictate to the com-
missioner of police."
We doubt that the Commissioner of Police is
being dictated to under this administration,


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which is more than can be said for the last
regime.
However, we have searched, we have asked
questions, we have looked in our files and we
cannot find where any police officer has been
fired since May 2 this year. Maybe the PLP
scribe will oblige us with more and better par-
ticulars.
However, what we do find are changes not
firings that were made in three sections of
the force. The first unit to be reassessed was the
40 district constables that made up the Tourism
Patrol Unit.
This personnel was screened again. Some of
them passed the entry test and met the require-
ments to be taken into the regular force for
training. Others did not meet the requirements.
None of them had more than six to eight weeks
training for the job they were then doing. A
regular police officer needs a minimum of six
months training. Those who did not qualify to
join the force were redistributed throughout
the force as civilian employees with no loss in
pay. However, those who did qualify will enter
the regular force for training at the cod of this
month.
There was then the School Patrol The 2()
persons in the School Patrol unit also had only
six to eight weeks training for their duties. They
were also reassessed.
Those who qualified were given further train-
ing to bring them up to standard. Those who
didn't were taken on as civilians attached to
the force.
Then there was the Urban Renewal Project,
a pet project of Mr Christie's. It was launched in
his Farm Road constituency. It grew into about
seven centres during the Christie administra-
tion and was manned by police Superinten-
dents, Inspectors and Sergeants. The police
took the lead in this project and found them-
selves not only doing police work, but also social
work. And, according to Works Minister Ken-
neth Russell, some of them were used 'n the
recent election campaign in Grand Bahama.
This programme has been redesigned to return
these officers to full time police duties, leaving
a civilian manager in charge, working with
social, health and environmental staff and staff
from other government agencies. A police cor-
poral and constable has been attached to each
centre to do community and neighbourhood
policing.
This must have met with police approval
because a Tribune reporter was impressed by
the loud applause with which the change of
duties was received by members of the force
when announced.
It is now up to the PLP to say when these 42
police officers were fired. If they have pub-
lished false information then they should have
the integrity to say so. It's now up to them ito
show what they are made of and whether in
fact they do possess that integrity.


Development



of Arawak Cay


The Tribune Limited
NULLIUSA D)1)1(7T SJ.IURARE IN VERBA MAGISTRI
Being Bound to Swear to I/Th Dogmnas of No Master

LEON E. II. I)UPIUII, Publisher/Editor 1903-1914

SIR ETIENNE DUPUCII, Kt., O.B.E., K.M., K.C.S.G.,
(Hon.) LL.D., D.Litt.

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B'.
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

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Switchboard (News, Circulation and Advertising) 322-1986
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that we continue to lose tourism
business.
What is needed is a focus on the
development of attractions. And
there is an unparalleled opportu-
nity to utilise that same Arawak
Cay for the development of unique
and spectacular attractions, wor-
thy of its location at the front door
of Nassau harbour. This is the
opportunity that should be occu-
pying our minds at this time. For
the record, I am one of several
people who have been trying to
convince Government that
Arawak (Cay has that potential,
and will continue to do so.
At the outset, I mentioned that
I was concerned that there was no
mention of planners or architects at


the meeting. The reason for my
concern is that the meeting was
called to talk about matters that
affect the planning of the down-
town, and the thoughts discussed
were generated by individuals
whose expertise (and interests) has
little to do with the creation of a
rationalised environment. In fact, it
was noted that the presentation of
the plan for the use of Arawak
Cay was made by the marine con-
tractor. In other words, we are
apparently satisfied to have the
plans for the most important piece
of real estate remaining in Nassau
Harbour created, approved and
implemented without public dis-
cussion. Arawak Cay is far too
important an asset for that. That is
not the way to create order.

PAT RAHMING
Nassau,
August 11, 2007.


EDITOR, The Tribune.
I READ with some concern the
reports in the newspaper of a
meeting that supposedly took place
on July 24 to plan strategies for
the relief of traffic and the
improvement of the physical
appearance of downtown Nassau.
Among the ideas discussed were
the temporary use of Arawak Cay
as a staging point for.commercial
shipping, supported by an inland
container facility, the purchase of
properties for use as jitney termi-
nals and the possible demolition
of buildings at Rawson Square.
The article listed those present at
the meeting, which included mer-
chants, a marine contractor and
representatives of the chamber r of
Conimerce. Noticeably missing
from the list is any reference to
planners, architects or tourism offi-
cials.
Let me say upfront that I have
no difficulty with the temporary
use of Arawak Cay if that is nec-
essary to accomplish something of
importance to the Bahamian conm-
munitv. Unfortunately, Govern-
ments have not proven that they
know the meaning of the word
"temporary". For example, the
Customs shed on the Cayv was to
have been temporary when it was
erected in 1909. It is still there, an
eyesore that embarrasses us all at
the very front door to the harbour.
So I would be suspicious of that
part of the strategy. But beyond
that, there is a far greater reason
for concern, and I seriously ques-
tion whether the matters in ques-
tion are in fact of national impor-
tance at this time. I therefore ques-
tion the spending of public funds to
satisfy an agenda with a limited
possible benefit.
The strategies put forward are
supposedly in support of a number
of premises that I believe are
faulty. Both Covernment and the
Bay Street coliimullitl have been
trying to conl\incec us that a less
congested Bav Street and cleaner
tree's would encourIage a more
successful business environment.
While the object es of public
decency and order are unques-
tioned. there is no credible evi-
dence that the erosion we have
seen in our tourism business has
much to do with either of these
factors. On the contrary, the evi-
dence suggests they are relative l
unimportant, as several successful
tourism destinations are both con-
gested (New York, Las Vegas.
London) and share their spaces
with shipping or railway installa-
tions (New Orleans. Miami. Fort
Lauderdale).
What has been clear over the
past several years is that as a des-
tination. Nassau has become fat
and uninteresting, with little to
offer in the way of unique and
e nemori ible ati actions. There are
few museums and galleries, little to
share the details of our history with
our visitors and the fabric of the
downtown has been allowed to
deteriorate such that Key West
offers a more interesting example
of what we advertise as our down-
town than ours does. The night-
clubs that once exposed our visitors
to local entertainment are mostly
gone, and there are few such
opportunities outside hotel prop-
erties. It is therefore not surprising


We need a new


team at Tourism
EDITOR, The Tribune.
WE SEEM to have so many so-called strategic partners that it seems
it needs the officials at the Ministry of Tourism to keep them in-line work-
ing for the good of the Bahamas.
I always laugh when the Deputy Director General of Tourism in
Freeport is on TV..... if he doesn't line-up two or three new or old strate-
gic partners it is not a press conference.
Okay so....Freeport is going to get a "low-cost" carrier, obviously Spir-
it or AirTran, however, if the Director-General had checked about 50 per
cent of the current passenger seats available to Grand Bahama are
unused.
New Cruise Port..... I ask: Why do we need a strategic partner, obviously
foreign, for the proposed new Cruise Port? Surely Bahamians can invest
in this and to nmy knowledge the B$ purchases the same as a US$. If Car-
nival Cruise lines wants a stake okay, but this facility should be at the min-
imum 51 per cent owned by Bahamians + Port Authority. It will be a start!
Nassau and Bahamian Tourism well it is more obvious every day that
we need a new team at Tourism before the whole Tourism sector goes
down the drain. Someone has dropped the ball.
The Ray Street owners of buildings need to purchase some paint and
have a "Paint-up fest" rather than a beerfest and at least make the street
look presentable. All the downtown board members need to be asked to
resign as they are totally blind to the problems. It is talk and more talk.
Government needs to invite Her Majesty the Queen for a State Visit
on the 35th anniversary of Independence 2008....at least all Government
buildings and wherever Her Majesty will go will be painted and hopefully
substantial works at The Lynden Pindling Airport will be complet-
ed.....you see the logic in this'?
Surely the Police see the vagrants? Surely the Police see the loose pot
cakes all over Prince George wharf? Surely someone, just one single offi-
cial sees the mess and untidiness?
That group of persons who hang on the comer of Bay and George
Streets, where all the officials of Tourism must see them hawking Time-
Share, need to go as they obstruct pedestrians.
Outside broadcasts on location on Bay Street surely the Law does
not allow their music to be blaring out disturbing the peace but Police Offi-
cer after Police Officer hears it and sees it going on and no one does any-
thing. Cars with their boom-boxes vibrating Bay Street and the Police do
absolutely nothing!
Billboards and signage on Bay and adjoining streets there are strict
regulations but again it seems no one is interested and we hang more and
more unsightly billboards most inappropriate for the once regal Bay
Street.
These small things if corrected will go a long way to correcting the neg-
ative image our (Citv portrays.
Good concept with the people dressed in period style, etc, walking up
and down Bay Street. but please do they need to be on their cellphones
and lounging around talking and seemingly doing everything they were
not instructed to do? Good idea though! (had to be prior to May, 2007).
Parliament buildings need a lick of paint before July 10th... they are a
disgrace!
I am wondering and waiting to see how this 'trust-thing' will work so
far I am not impressed but it is a little, just a little better than before.
JOHN ADDERLEY
Nassau,
June. 2007.





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THE TRIBUNE THURSDAY, AUGUST 16, 2007, PAGE 5


LOA NW


O In brief

Youth and
sports
minister to
attend regatta
MINISTI'R of State for
Youth and Sports Byran
Woodside will travel to
Grand Balhaniia onil August 17
to lake part in activities sur-
roiunding this year's Grand
Bahama Regatta.
That day, he will attend the
official opening ceremonies
and skippers' party at 8pm.,
to be held at Tranquility
Shores Restaurant on Taino
Beach.
On Sunday. August 19,
there will he an FNM
anniversary service at
8.30am at Lite Community
Church (Our Saviour Luther-
an Church building) in
Freeport.
The official closing cere-
mony will be held at 7pm at
Taino Beach Park in
Freeport.

Two gunmen
seize property
from staff
at store
POLICE are investigating
an armed robbery that took
place on Tuesday just before
midnight.
Two masked gunmen
entered Bertha's Go-Go Ribs
on Baillou Hill Road South
opposite SC McPherson
High School, police say.
According to a statement,
issued by press liaison offi-
cer Assistant Superintendent
Walter Evans, the gunmen
robbed employees of cash
and jewellery and escaped
with an undetermined
amount of cash from the
store.
The two men reportedly
left the scene on foot.



yourE
news
Call us on 322-1986 and
share your story.


Some Nassau businesses in the dark


about Mattel toy product recall


* By ALISON LOWE
Tribune Staff Reporter
AS American toy company
Mattel issued a second mllajor
recall of millions of popular toys
for safety reasons and a local
consumer affairs official claimed
government inspectors are can-
vassing stores for the products,
it is as yet unclear whether all
Nassau stores are making
efforts to remove the toys.
Two separate recalls, on
August I and again on Tues-
day, have been announced by
the respected U S company
after toys were found to be
coated in paint which contains
lead.
Others include magnets
which can constitute a choking
hazard. The hazards have been
blamed on a lack of safety pro-
tocols in China, where the toys
were manufactured.
Yesterday, Kelly's Depart-
ment Store said that they have
checked all of their products
and "so far" have only discov-
ered one product on the Mattel
recall lists on their shelves.
As a result, they have
removed the "Sesame Street
shape sorter" toy, said store
buyer Lashanta Dugay.
Ms Dugay noted however
that Kelly's is continuing to
check their shelves for any of
the recalled toys and will do so
again if Mattel issues any fur-
ther recalls, as some IS reports
have suggested they may do.
They have also posted a list of
the recalled toys in the store,
she said.
When The Tribune contacted
various branches of the depart-
ment store John S George, a
mixed response was received to
queries as to whether the store
stocked Mattel toys or had tak-
en action in response to the
recall.
At the store's Pal dale
branch, owner Andrew Wilson
told Flihe t7ribtme that John S
George "does not sell toys".
However, at the store's Cable
Beach branch an employee said
that the company does indeed
sell toys but that the Palmdale
location is in fact the only


* THE Barbie Tanner set is one of the items on a recall list
issued by Mattel. Mattel recalled 9 million Chinese-made toys
Tuesday, including Polly Pockets play sets and Batman action
figures, because of dangers to children from lead paint or tiny
magnets that could be swallowed.


branch where such toys are sold.
Meanwhile, an employee at
the Harbour Bay Branch,
admitted that there are "tons
of Barbies" some versions of
which were recalled in the thou-
sands on Tuesday and other
toys for sale at that particular
store.
When The Tribune spoke
with Ruth Fox, a manager at
that branch, however, she said
she "didn't know anything
about" a recall.
Yvonne Rolle, senior price
inspector at the Consumer
Affairs Unit, which falls under
the Ministry of Lands and Local
Government, said that inspec-
tors from that unit are current-
ly out in New Providence check-
ing stores for the recalled prod-
ucts, which, it found, the'V will
ask to be removed.
The full list of items recalled
on Tuesday includes 683,000
"Barbie Doll and Tanner" toys,
the Pixar Cars "Sarge" toy. as
well as 7.3 million "Polly Pock-
et" play sets. I million "Doggie
Day Care" plain sets and 345,tXX)


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This follows the recall of
numerous Fisher-Price toys by
Mattel on August 1, also due to
the presence of lead paint.
These included some "Sesame
Street" and "Dora the Explor-
er" toys.
Parents have been advised to
dispose of the toys, or return
them to Mattel, if they are
found in their children' pos-
session.
Lashanta Dugay said that
parents who have purchased
recalled toys from Kellys can
return the to that store for store
credit.


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THE TRIBUNE


Credit Cards accepted as CASH !!!


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THE TRIBUNE


PAGE 6. THURSDAY, AUGUST 16, 2007


LOA NW


MINISTER of Works Earl
Deveaux has authorised the
E R Hanna Construction
Company to "remobilise ...
and to proceed with the con-
struction of the T G Glover
Primary School," according
to a statement issued by the
Ministry of Works yesterday.


The state lL nil pi. ... d
reports publish iId in I l/ I
bume last week th.1i t 111I
Medical OfficL t n i i i, II
M erceline Dalil 1 < '. I i.,-
"completed lih i IL.'% ,I I .
findings recci\l.'d lnoim 111,
Departments n 1 lI'ubli ,
Health and El\ ii, linL nl. .i


I I l.111h I .I I,'_'..1h' IIh,
I < I I I I I . I l I
L l k ,. h I .- I
I ', l li I i ,'. II .. 0
'II II IL 11 ,112 l l l l ith l ',Ul1 I
N ll I I ). \,i ..u11
I 1 Il .,n Uk. l Il .,iI i p I -i


.n il l u'_' 112 ,n I,.,I
,, ll1 lb o, I I, l ,n l l .
, 1 i l l I I ,I 1 1 ,. I, I .' 'I I
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II..lIn I1,, I 1. I i l
11 ,, '. I , a 1. l l l u ll


I II I I II I I I I ,.. ll I 1 lt I '.
I I I 1. n 11 II .. 11 .1I
il i i i I II , .. ,i il .
I. l l I I I l I I J I 11
I I I I I L l l lh_. .II. l I ..li L
I , I L I III- ..- l 1., h 11 1[ I I l .,
. 11. i ll l. I I I I .. I k I -
,11_1 tl l l I I l I .N i I 'l -
lIlll l.IK I -s u L 1 0 -, I -
I l li l 1 11 Ill Lo
rla iell evel 1.1 l_,.l l .re e 'rle h ar
.ll, '.2 I L I ev I a 1 11 r I d th
1l n. ( 1 I, il I 'ow el t lle
It'A t ,,I I L. L J Ill l 11
t. 1, .1 l l I ) l1 II I h., l. '
cLI Li.l d II o b1.1111 in '\ t [\ill
II el 111.1a I \ I e J. sll -. l I t tul'
Prior tests, done on sur-
face-level soil, revealed that
there was a "mnildly-levatt-
ed" level of arsenic in the
ground a finding, however,
that the C'MO said is not
rare, should not cause alarm,
and could not be linked to ill
health among workers at the
site.
The stoppage of construc-
tion at the Horseshoe Drive
site in May followed a letter
from the operations manager
at E R llanna to the govern-
ment which called for an
investigation into the site
after numerous workers
were, according to the letter,
suffering from skin ailments
and stomach problems.
However, the CMO has
concluded that there was no
evidence to link these ill-
nesses with conditions -
whether it be arsenic levels
or any other factor at the
site.


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"She (Chief
Medical Officer
Dr Merceline
Dahl Regishas)
advised that
there is no
medical
reason why
construction
works at the
site should not
be resumed."

MINISTER of Works
Earl Deveaux


--






THE TIBUNETHURDAY, UGUST16,C007,NAGES


Official denies knowledge of



alleged dismissal of officers


I 1E(


FABRIC & DEI'ARIMENI S'ORE


* By TANEKA THOMPSON
A SENIOR police official yesterday
denied any knowledge of 42 officers hav-
ing been unduly dismissed.
In a letter sent to The Tribune yester-
day signed only "PLP MEDIA". it was
claimed that the officers were fired by
the "arrogant" Ingraham administration.
The letter also alleged that Police Com-
missioner Paul Farquharson is being
directed in his actions by Prime Minister
Hubert Ingraham and is not acting of his
own accord.
The Tribune made attempts to contact
Commissioner Farquharson for comment
and was advised by his office to contact
Chief Superintendent of Police Hulan
Hanna for an official response.
When contacted for comment, Chief
Superintendent Hanna said that he had


* By KARIN HERIG
Tribune Staff Reporter
BAHAMIAN motorists
could face increased gas
prices in the coming weeks,
as oil and gas companies in
the Gulf of Mexico are
threatened by two storms.
Oil prices increased slight-
ly yesterday afternoon after a
day of up and downs, top-
ping off at $73 a barrel fol-
lowing a significant drop in
U S gasoline supplies and
fears of tropical storms.
As Tropical Storm Dean
continues on a path which
would bring the system into
the Gulf of Mexico by early
next week, a second storm,
Tropical Storm Erin moved
towards the oil and gas pro-
ducing southern coast of


"absolutely no knowledge" of the alleged
firing of 42 officers.
He also refuted the assertion that Com-
missioner Farquharson was performing
his duties under the direct influence of
the Ingraham administration.
"We have absolutely no knowledge of
that," Mr Hanna said. "The commis-
sioner of police continues to run the force
in the day to day operations and any-
thing contrary to that is news to me."
Chairman of the PLP Raynard Rigby
distanced himself from the claims yes-
terday, telling The Tribune that the e-
mail that he was "not associated" with
the e-mail in any way and has no idea
who sent it.
SEE Editorial, page 4
CHIEF Superintendent of
Police Hulan Hanna


Oil tops off at $73

a barrel yesterday


Texas, the National Hurri-
cane Centre in Miami report-
ed.
Erin, which developed
from the fifth tropical
depression on Tuesday in the
central Gulf, strengthened
into a tropical storm yester-
day.
As the Bahamas purchases
it petroleum products from
same suppliers as the US
does, prices in US directly
effect the cost of gasoline at
Bahamian pumps.
The Bahamas has to pay


r' /


mj J'
I.-. ^ -


the same price as the US, in
addition to import costs and
government mark-ups.
According to Bloomberg,
Royal Dutch Shell PLC -
Europe's largest oil company
- yesterday evacuated 188
people from offshore natur-
al-gas facilities 75 miles
southeast of Corpus Christi,
Texas.
Shell shut down produc-
tion of its five million cubic
feet of gas per day operation.
Concerns about hurricanes
and tropical storms hitting


the Gulf of Mexico have in
the past resulted in signifi-
cant increases at the pump.
In 2005, hurricanes Katrina
and Rita damaged significant
oil refining operations,
including pipelines and
refineries in the Gulf. As a
result, fuel prices shot up to a
record high of above $75 a
barrel in 2005.
According to the US
Department of Energy, the
Gulf of Mexico accounts for
about a third of US oil pro-
duction and 15 per cent of
gas output.

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THURSDAY, AUGUST 16, 2007, PAGE 7


THE TRIBUNE


I=tL- M tlSuIi


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i n [-!l I '.1 I,.I 1.1 1 1 % '" 1






THE TRIBUNE


PAGE 8 THURSDAYAUGUST 07


LOA NW


A revolution in



education needed


* BISHOP SIMEON HALL


* By BISHOP
SIMEON HALL
UNLESS more parents take
the education of their children
as a personal priority giving
greater emphasis to education
over clothes, sports, junkanoo
and mechanical gadgets -- the
Bahamas will continue to slip
into the quagmire of igno-
rance and social disintegra-
tion.
Top officials in the Ministry
of Education obviously lack
the creativity commensurate


with the high salaries high
salaries they are paid. It is not
sufficient for Carl Bethel, min-
ister of Education, to call on
students to do better without
demanding that his top Min-
istry of Education officials cre-
ate the design and education-
al philosophy to move the
tiountry's dismal national aver-
age from a "D'" to some
acceptable grade.
While parents are the first
line of defence in our war on
ignorance, Ministry of Educa-
tion officials who have super-
intended this dismal failure
must do better or be removed.
Education still receives the
lion's share of our national
budget and I sincerely believe
tax payers are being short
changed.
In the absence of a well
thought out philosophy in
education in the Bahamas, the
policies of the Ministry of
Education seem to fluctuate
with "the new minister" this
is wrong and should be
changed.


MINISTER of
Education Carl Bethel


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THE TIBUNETHURDAY, UGUST16,C007,NAGES


Health official urges breastfeeding


NATIONAL breastingfeed-
ing co-ordinatoir arlolla Klass
is passionate about getting
Bahamian mothers to breast-
feed rather than give their
babies formula.
"Breast milk has all of the
nutrients the baby needs," she
said. "Breast milk changes as
the baby grows. It is the only
food that changes for the better.
"All of the baby formulas
change in terms of turning sour
and you have to throw them
away," Mrs Klass said.
She was speaking on Mon-
day, August 13, at an awards
ceremony for the Department
of Public Health clinics that par-
ticipated in the World Breast-
feeding Week poster display
competition.
Two teachers, Valerie John-
son and Corrine Douglas,
judged the competition this
year.
The competition was divided
into two categories. Category
A included the government
clinics and Category B the hos-
pitals.
In Category A, first place,
went to Fleming Street, while
Flamingo Gardens and Coconut
Grove tied for second and third
place went to Elizabeth Estates.
In Category B, the Neonatal
Intensive Care Unit (NICU)
took first place and the Mater-
nity Ward placed second. Both
wards are in the Princess Mar-
garet Hospital.
Mrs Klass said while the
F ---


N CARLOTTA Klass


National co-ordinator stresses benefits of breast milk


Wolld Health Organisalion
(WHO-l) recommends babies
ha\c their mothers milk two
years or longer, it does not give
a cut olf point lor breastfeeding
"Research has found thal
when you breasitced the babV
for two years, I he baby gets pro-
tection against salmonella,
which attacks children at that
particular age," she said.
"1 he) go on to say that if you
breastfeed for three years, they
get protection against cholera."
Mrs Klass added. "We do not
have cholera here now, but we


||^^ Bahamas


I ___ ~Depot


do not know which part of the
world our children will end up
in their lifetime."

Complexion

Mrs Klass said research also
shows that breastfed babies are
more intelligent and have
smoother complexions than
babies who take formula.
She also warned that pacifiers
cause problems for babies.
"You slick the pacifier in
babies' mouths and they stop


Prince Charles Drive


crying because lithey like to
suck. IPacifiers only stop you
from hearing the haby's cry lolI
help. So no pacilieis, no bot-
tles, no-rubber babies should
not be sucking on anything.
The only sucking must conic
from the breast," said Mrs
Klass.


She said ihat mothers also
benelitl when they breastleed
their babies. as il helps then
lose the weight gained during
pregnancy.
NMis Klass said other research
also shows that breastfeeding
can reduce breast cancer and
caller of thie ovaries.


Society also benefits when
both mother and baby are
healthy. There is more produc-
tivity in the workplace and
insurance companies benefit as
more premiums are paid and
fewer claims are made, she
added.
Mrs Klass said research has
also found that children who
drink breast milk are more con-
trollable. are less likely to have
temper tantrums and have more
control over their temper.


a~i~ ~'


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development of the client relationships, reviews, trading, and product
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achieve wealth management objectives.


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4


THE TRIBUNE


THURSDAY, AUGUST 16, 2007, PAGE 9


l





THE TRIBUNE


r- t IU r, IMUUH,UrY, AUUUI Ib,, UU/


Single malaria case won't


result in US travel advisory


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'Ic1\ chills, 's\\cils, headaches,
hou., 1clihess, ntiScil and vo inil-
in!,. I he disc~,ie is contliacled
110l i Itll h )lil l' t )l i inell Ic lcd
ainophlics mosquito, and the
incubation) period ol the illness,
hbloir' syVmllptoms e111erge, isu-t
ally varies Irom scven to) ;( )days
PlaisitoJmni ihliipntiinm malaria
wais the strand icdeiitiliedl in Exu-


ma last year and again with this
newest case.
Left untreated malaria can be
fatal. Each year, the CDC
reports that between 350-500 mil-
lion cases of malaria occur world-
wide, with more than one mil-
lion people dying from the ill-
ness mostly young children in
sub-Saharan Africa.


FROM page one
take anti alarial drugs. i'oin
foreign nationals were included
in thC number infected two
A\ecricans, one (ternian. and
onc (':>mnatm
M in sli \ 'I hlln .'ls, i \c inliuiatl-
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conducted in lxlAniia. while a
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01 goveLiinlieill clinics 0to detei
minell il al n, tillh+i ca disease exist., IL 'I1h'riuile \%sS
unable to contact Di Perry
Gomez acting chief inedicial otfi
cei fil a Itlrlei upd.tl e.' i11n ile
IliIIsn I c('(lO s 1 k, conibll I iiild
contain tlIh disease.
\caOndimhe, i the lI'S ( nIlie
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LOCAL NEWS


Age may decide

PLP leadership
FROM page one
bc cause iin you ,c. tit the shadow of the leader, it is difficult
oi V t'Ll [0 'slu 'A ,is you'd llike.
II Lvei thein voungisl candidate for the post, 48-year-old
. ti ld ad hhi.iiii MP Obic Wilchcombe is also being tout-
.d W tii .O Ii iii ,ics ; lits I iont-runner amongst this three-way
l in oiii the i t it isilj|. ptsilion.
IMr WilcIltoionIi ii was clAimed, not only has his age on his
side. ibut cosidetiante public speaking abilities, and a strong
track record of pfeloriiaiincc to campaign on.
I nlfortunatelv, many ,i1 Mi Wilchcombe's opponents within
the PLP feel thai he wtas not as "helpful" as he could have
been in gellting employmneni for party supporters while he was
the minister of T'ourismi
How far Ibthis mayv o Ito hurt his candidacy. however, is still yet
to be seen.


The Bahamas
'is likely to

escape' the

season's first

hurricane

FROM page one
problem for mariners. We
could sees winds at
around 20 to 30 knots,
that makes for
pretty choppy seas," he
said.
Computer models
show that Tropical
Storm Dean will be
moving between the
coasts of the Dominican
Republic, Jamaica and
will reach Cuba by Mon-
day morning.
Monday morning is
also when the south-
eastern Bahamas should
expect some effects from
the storm which is pro-
jected to strengthen into
a category one hurricane
by that time.
"We hope it maintains
on (its current) track,
but of course things can
change between now
and then, the
atmosphere is always
changing so we have to
monitor it hour by hour,
day by day." Mr Dean
said.
The US National Hur-
ricane Centre in its 5pm
update yesterday report-
ed that Tropical Storm
Dean was intensifying
over the central tropical
Atlantic.
At press time last
night the centre of Trop-
ical Storm Dean was
located near latitude
13.1 north, longitude
47.9 west or about 910
miles east of the Lesser
Antilles.
The storm was mov-
ing toward the west-
northwest at about 22
mph.
The system was
expected to continue on
its trajectory for the
next 24 hours.
Maximunt sustained
winds increased to near
65 mph, just 10 mph shy
of a category one hurri-
cane.
Dean was expected to
become a hurricane by
late last night or early
this morning.


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THE ~ ~ ~ LOA TRBNNHUSAAGUT1,207SAE1
S F If


'King' Eric claims former PM


donated $15K to keep Anna Nicole's


name out of Valentine's Day regatta


FROM page one

ment, explained that Ms Smith
"loved boats and loved sail-
ing" and that she had intended
to sponsor not only his boat,
but the entire Acklins regatta
and would have done so had
she been alive.
He said that he had initially
asked the former Trimspa
spokeswoman to donate to the
annual Valentine's Day regat-
ta which takes place in Mon-
tagu Bay.
Ms Smith consequently
pledged $15,000 to the race,
Mr Gibson said, but former
Prime Minister Christie
allegedly did not wish to have
her, as a private person,
donate to a fully government-
sponsored sailing event.
"I said, 'Prime Minister, if
that's what you are saying give
me $15,000'," Mr Gibson said.
Mr, Gibson explained that
the regatta's participants were
counting on a $15,000 dona-
tion, and claimed that Mr
Christie gave him the money
out of his own pocket so that
the sailing event could go
ahead.
"That's how her name got
off that race in Montagu Bay,
because that was a govern-
ment-sponsored race.
"With the government-spon-
sored race I told the Prime
Minister if you want me take
the name off, Anna Nicole,
you have to give me $15,000
and that's what he did," Mr
Gibson claimed.
However, when it comes to
the Acklins sailing regatta, he
said, the case is different as
the event is only partially
sponsored by the government
and relies heavily on the dona-
tions of corporate sponsors.
This year, he said, contribu-
tions came from Peter Nygard,
Bahama Food Supplies and
Frank Hanna among others.
Mr Gibson vehemently
denied that Ms Smith's former
lawyer and partner Howard K
Stern had made a donation to
the regatta ...
He further emphasised that
no race was named after Ms
Smith, but rather that a tro-
phy had been dedicated to her.
Mr Gibson explained that it
is customary to dedicate tro-
phies to sponsors.
In this incident, he said, he
was the one to dedicate a tro-


A


* FORMER Prime Minister
Perry Christie
phy to the Anierican model
and reality television star.
Mr Gibson dismissed claiins,
that he was trying to turn the
Acklins sailing regatta into an
"Anna Nicole spectacle" call-
ing such allegations "total fool
ishness."
The sailing consultant did
not respond directly to claims
that cameramen from the
American E V channel were
filming the event, hut said:
"Before long you will see
Acklins on TV worldwide, mil-
lions of people watching, you
know what that means."
Mr Gibson also said that Ms
Smith was strong, consider-


,ng building a house iln /\ck-
linIs hclor ler untimely death
in I'ebruary ol this year.
'II that isn'l good foi this
country tell me what is good,"
in' said.
I ,isi week Anita Collie-
Piratt. president of the Acklins
I'rade and Development Asso-
ciation, publicly announced
King Eric's dismissal from the
Acklins Committee at a press
conference.
She said he had embarrassed
the committee and the people
of Acklins by turning their
rc spectaclL.
However, Mr Gibson yes-
terday said that he cannot be
,disJissed as he was never
.elected or selected" by any
individual and that he has
worked on the Acklins
regatta purely' by his own
choice.
"If for any reason at all the
Acklins people decide that I'm
doing a bad job then they can
tell me they don't want nme
there anymore then I'm gone.
but no individual has the
authority to tell me to step
down," he said.
As far as he is aware. Mr
Gibson said, he is also still
employed as the regatta con-
sultant to the Ministry of Edu-
cation. Youth, Sports and Cul-
ture, as he still receives a salary
in that capacity.


7i."..


















A FRIENDLY REMINDER

MASS DISCONNECTION EXERCISES

IN THE FOLLOWING AREAS:

From August 17th to August 23rd
Mt. Royal Avenue, Hawkins Hill, Palmdale, Mackey Street and
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PRIORITIZE!

PAY ALL ARREARS ON YOUR BEC BILL IMMEDIATELY!

All overdue BEC payments must be made at the Head
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Powering The Bahamas for Generations _



* ( I "s I

UBS (Bahamas) Ltd. is one of the world's leading financial institutions in the
Caribbean. Through our Business Area Wealth Management International we look
after wealthy private clients by providing them with comprehensive, value
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the resources that are available from across UBS, helping them provide a full range
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In order to strengthen our team in Nassau, we are looking for the following
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Latin America (Latam) Desk

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hir a ti a ) s ul's>_. com i


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THURSDAY, AUGUST 16, 2007, PAGE 11


THE TRIBUNE








PAGE 2, THRSDA AUGUT 16,2007THE TIBUN


Educational system


'is


in


need of serious overhaul'


FROM page one

our students. Part of our prob-
lem nationally is that we are too
examination focused, too BGCSE
focused," Ian Strachan, head of
the English department at the
College of the Bahamas, said yes-
terday.
"We need to acknowledge that
most of the students who are
going to graduate from the pub-
lic schools in particular are not
really going to excel at the writ-
ten BGCSE exams because of
the disadvantages that they
encounter in the school as well as
at home, and because of the cul-
ture that we have," Mr Strachan
continued.
The college professor stressed
the need for educators to shift
focus on building character and
behavioral development in stu-


".fose oursclf On LStyle"















4 -DAYS I.
AUUS 15H,,8T, 20
OSCorr N ifsc o un ta p il e ie


dents and provide more oppor-
tunities in trade training in order
to reach the nation's poor per-
forming students.
"We've got to admit that as it
currently is, a lot of these (stu-
dents) are not going to make it as
far as the exams go, but we have
to make sure before they leave
grade 12 they can at least read
and compute at an acceptable
level," he added.
He also called for a more "rad-
ical" approach towards educa-
tion instead of simply throwing
government funds at a problem
that is deep rooted in Bahamian
culture.
"Our problem (is that) we
elect what I would call tweakers
- we elect people who tweak
the system, throwing a little bit
more money there, taking a little
bit of money from that," Mr Stra-


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chan reasoned.
"These sorts of small cosmetic
changes are not going to bring
about the kinds of results that
we really need nationally. We
need to allow ourselves to really
he radical about addressing some
of these problems.
"We're trying to make every-
body fit into one shape, we're
trying to make everyone fit into a
square peg and that can't work,"
he added.
His view of a more radical
approach involved making the
teaching profession more
rewarding and more discrimi-
nating in terms of employment,
in order to attract the best to the
profession. Re-training teachers
and re-organising schools are also
top of his list in improving the
education system.
As reported previously, Min-
ister of Education Carl Bethel
announced the unofficial nation-
al average on Monday.
"Basically...the crude GPA has
not changed, it's still D, it's not
D+.' It wa's D+ in 2005, it
dropped to D in 2006 and it's still
the same (in 2007)." Minister
Bethel said, contradicting reports
by other dailies that last year's
national average was a D+.
However, ministry officials are
quick to dissuade the public from
assuming the average reflects
individual student performance.
Ms Serethea Clarke, senior
education officer at the exami-
nations and assessment division,
told The Tribune that the Min-
istrv of Education is not releasing
an official national average
because the public misconstrues
the data.
Instead the examinations and
assessment division is focused on
individual subject performance.
However, when assessing the
overall average of all 26 subjects
using the raw data provided by
the Ministry of Education, the
national average works out to a
D.
The average results for indi-
vidual subject performance of all
26 subjects were published in
Tuesday's edition of The Tri-
bune.
"All I can say is that in mv
view we have to become focused
on addressing the fact that we
need to give young people who
are really\ being educated by
media. vou've got to give them
the cultural training or exposure
and vou have to give them
opportunities to build character.
"Also we have to help them
develop trades and skills where
they have the propensity. I think
we have to acknowledge that not
everyone is academically
inclined."


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PAGE 12, THURSDAY, AUGUST 16, 2007


THE TRIBUNE


---







THURSDAY, AUGUST 16, 2007, PAGE 13


THE TRIBUNE


Second Cuban political prisoner

is released on island in four days


TOYOA m*nAowiard


* HAVANA
CUBAN authorities have
released a little-known dis-
sident who was jailed three
years ago on vague politi-
cal charges, the second
prisoner of conscience to
be freed on the island in
four days, a veteran rights
activist said Wednesday,
according to Associated
Press.
Lazaro Gonzalez Adan,
37, who belonged to an
independent labor move-
ment, was freed Tuesday
from the prison in the east-
ern province of Camaguey,
where he lives, said Elizar-
do Sanchez of the National
Commission for Human
Rights and National Rec-
onciliation.
Flag
Police visited Gonzalez
in October 2004 after he
painted a Cuban flag and
two quotes about liberty by
independence hero Jose
Marti on his house.
Sanchez said he could not
recall the exact quotes,
which apparently were cho-
sen to criticize the govern-
ment.
When Gonzalez refused
police demands to erase
the paintings, he was
arrested on charges of dis-
respect, disobedience to
authorities and resisting
arrest.
He later received a
three-year prison sentence.
The release came four
days after jailed dissident
Francisco Chaviano was
freed Friday following 13
years behind bars.
The number of Cuban
political prisoners dropped
by more than 20 percent in
the first year since Raul
Castro took power from his
ailing elder brother Fidel
in July 2006, according to
Sanchez's commission,
which tracks prisoners of


conscience.
According to the com-
mission, 246 political pris-
oners were being held as of
June 30, compared with
283 at the beginning of


2007 and 316 a year ago.
Government opponents
say they continue to be
harassed by authorities
despite the drop in political
prisoners.


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Venezuela's Chavez to propose

sweeping changes to constitution


* CARACAS, Venezuela
PRESIDENT Hugo Chavez
was presenting his blueprint for
constitutional reform Wednesday,
proposing sweeping changes
expected to allow him to be re-
elected indefinitely, according to
Associated Press.
Chavez, who is seeking to trans-
form Venezuelan society along
socialist lines, announced late
Tuesday that he would unveil his
project before crowds of support-
ers at the National Assembly. He
predicted it would bring renewed
political upheaval to Venezuela.
Chavez's political allies firmly
control the National Assembly,
which is expected to approve the
plan within several months. It then
would have to be approved by cit-
izens in a national referendum.
Critics accuse Chavez of seeking
to become a lifelong leader, like
his close friend Fidel Castro.
Chavez rejects allegations that he
poses a threat to democracy, not-
ing that he has repeatedly won
elections by wide margins.
The Venezuelan leader pre-
dicted in a televised interview that
"the immense majority of
Venezuelans" would support his
proposal to reform the constitu-
tion, hut hc also forecast a political
struggle with the opposition.
"Tomorrow our great battle


* VENEZUELAN President
Hugo Chavez
begins," Chavez said. "They are
going to launch a campaign tomor-
row to try to distort the text and
the spirit of the proposal."
Dozens of government sup-
porters wearing red the color of
Chavez's ruling party started
gathering early Tuesday outside
the National Assembly, where
sound trucks and giant video
screens were set up in preparation
for the president's public address.
A recently nationalized
telecommunications company sent


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text messages to mobile phone
clients inviting them to the event.
Chavez has revealed few details
of his proposal, but has stressed
the need to do away with presi-
dential term limits that currently
prevent him from seeking re-elec-
tion in 2012.
All but a handful of the Nation-
al Assembly's 167 members are
Chavez loyalists, and critics expect
lawmakers to approve the pro-
posals.
Many lawmakers say they sup-
port Chavez's idea of eliminating
term limits for the president, but
not for state governors and may-
ors.
Venezuela's Roman Catholic
Bishops' Conference has com-
plained that Chavez's reform pro-
posals were drafted without public
involvement.
Since his re-election to a fresh
six-year term in December,
Chavez has alarmed opponents
who allege he headed toward
Cuba-style communism by creat-
ing a single ruling party and
nationalizing several the oil,
telecommunications and electrici-
ty sectors.
"The majority of Venezuelans
don't want socialism. He wants
our country to be like Cuba, and
we aren't going to accept that,"
said Linda Dos Santos, a 30-year-
old shoe store owner who fears
the government might seize sec-
ond homes and distribute them
among the poor under the pending
reform.
Angel Angulo, a government
worker, denied the wealthy would
be targeted as Chavez moves to
bridge the gap between the rich
and poor.
"Socialism will bring benefits to
those who need it the most, but
all of us can live together," said
Angulo. He argued that opposi-
tion leaders oppose indefinite re-
election "because they don't have
any chance of being elected in
forthcoming elections."
Chavez, a former paratroop
commander who was first elected
in 1998, denies copying Cuba and
insists that basic freedoms will be
respected under his government.
He says that democracy has
flourished, rather than diminished,
under his administration.
Chavez pushed through a new
constitution in 1999, shortly after
he was first elected.
He says the charter must
be redrafted in order- to.-
steer Venezuela away from capi-
talism.






THE TRIBUNE


.... o, 2007, PAGE 15


S- s for 750


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PAGE 16, THURSDAY, AUGUST 16 ?007


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Credit Cards accepted
Sale ends Wednesday August 22nd


I


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i I r ~ r 'T -L


THE TRIBUNE


!
*-
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~iir~








THE RIBNE HURDAYNAUGSTA6,I007NPAE 1


* THIS image provided by NASA shows the Space Shuttle Endeavour's orbital maneuvering
system (OMS) pods and vertical stabilizer backdropped by the blackness of space in this image pho-
tographed by a crewmember while docked with the International Space Station during STS-118
flight day six activities Monday Aug. 13, 2007. (AP Photo)


Endeavour crew starts


spacewalk as NASA wraps up

tests on need for shuttle repairs


* HOUSTON
TWO astronauts began a
spacewalk Wednesday to pre-
pare a solar array on the inter-
national space station for relo-
cation as NASA engineers' con-
cerns over the shuttle Endeav-
our's heat shield eased, accord-
ing to Associated Press.
NASA was finishing up tests
to determine whether it would
have to devote a fourth space-
walk to repairing a gouge in the
belly of the shuttle. On Tues-
day, officials said they were cau-
tiously optimistic that wouldn't
be necessary.
A sliver of the wound pene-
trates through a pair of inch-
deep thermal tiles, exposing a
thin felt fabric that is the final
barrier before the shuttle's alu-
minum frame.
But thermal analyses have so
far shown Endeavour could safe-
ly return to Earth as it is, said


John Shannon, chairman of the
mission management team.
The 6 1/2-hour spacewalk was
astronaut Rick Mastracchio's
third in five days. He and astro-
naut Clay Anderson, who has
been living on the space station
since June, were to prepare one
of the solar arrays for relocation
to another spot on the orbiting
outpost during a later mission.
The Endeavour crew is
halfway through their two-week
mission to the international
space station. The astronauts
have completed most of their
main goals, including attaching a
new truss segment to the space
station and replacing a gyro-
scope that helps control the sta-
tion's orientation.
Any repairs to Endeavour
would be conducted during the
shuttle's fourth spacewalk,
scheduled for Friday. If more
time is needed to prepare,
NASA could bump the space-


walk to Saturday and keep the
shuttle at the station longer.
The gouge on Endeavour was
not considered a threat to the
crew, but NASA was debating
whether to send astronauts out
to fix it in order to avoid time-
consuming post-flight repairs.
The hole on space shuttle
Columbia was considerably big-
ger and in a wing, which is
exposed to higher temperatures
than the 2,000 degrees that
scorch the ship's underside dur-
ing re-entry.
Even though the repair itself
would be relatively simple, the
astronauts would be wearing
300-pound spacesuits and carry-
ing 150 pounds of tools that
could bang into the shuttle and
cause more damage. All space-
walks are hazardous, Shannon
noted, and so NASA would not
want to add more outside work
unless it was absolutely neces-
sary.


9 BBQ BACON


ir 0
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'Elmo


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CONGRATULATES THE

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EMANCIPATION DAY WIN


IN FOX HILL


THURSDAY, AUGUST 16, 2007, PAGE 17


THE TRIBUNE


C


___._.__..___J





r-PAU 18, 1T


THE TRIBUNE


H AUGUST 162007


nunR ,-AY, Dj'. I I e________________ __ ___ .


R E O R T
Crpt allace Casio


the diamond .A\/WARDS
"You Are a Diamond, a Gem to be Treasured Forever"


Cable Beach Resorts & Crystal Palace Casino
Proudly Salutes the Diamonds 2006

Associate of the Year


Supervisors of the Year


Manager of the Year.


4


.....",, :'







THURSDAY, AUGUST 16, 2007, PAGE 19


THF TRIBUNE


INT ..RATIOAL NEWS


Zoo keeps


the heat on


more than


250 species

TWO flamingos tussle
with each other in the zoo in
Zurich, Switzerland,
Wednesday, Aug. 15, 2007.
The zoo, which overlooks
the city and Lake Zurich, is
home to more than 250 dif-
ferent wild species, and con-
tains a tropical rainforest
mimicking the conditions of
Madagascar's threatened
Masaola Peninsula, with
humid temperatures and
sprinklers squirting 80,000
litres of water daily over
exotic plants and trees.
(AP Photo/Keystone/
Steffen Schmidt)


4, DOCTORS HOSPITAL
Heakh For Life



ATTENTION ALL


British Fidelity/Clico


HEALTH PLAN


MEMBERS


Doctors Hospital regrets to advise that Effective
August 9th, 2007 we will no longer accept British
Fidelity/CLICO Health Plan for services rendered
at DOCTORS HOSPITAL and THE WESTERN
MEDICAL PLAZA. British Fidelity/CLICO
Health Plan members are hereby advised that
payment will be required prior to services being
provided at these facilities.


SBritish iide.dity/~( -Health Plan members are
,aloereff that DOCTORS HOSPITAL
will se k',O recover payment from British
Fidelity/CLICO Health Plan members to whom
services were provided but for which payment has


not been received.


DOCTORS HOSPITAL apologizes
inconvenience this may cause.


for any


Lot # 1267 Pinewood Gar-
dens, N.P. Single Family Res-
idence. 3 Bedroom, 2 Bath-
room. Property Size: 5,000
sq. ft. Building Size: 1,000
sq.ft.
Appraised Value: $108,000
Travelling west on Pinewood
Dr turn on to Willow Tree Dr;
which is the 1st corner.on the
right side after the Pinewood
round about heading north on
Willow Tree Dr. Take the 3rd
corner on the left side which is
Sugar Apple St. and the prop-
erty is the 7th lot on the left
side. The house is yellow trim
with white.

Lot# 1852, Pinewood Gar-
dens.Single Family Residence.
2 Bedrooms, 2 Bathrooms.
Property Size: 5,000 sq.ft.
Building Size: 914 sq.ft.
Appraised value: $107,000
Turn, onto Pinewood Dr from
East St South and travelling
east and take the third cor-
ner on the right hand side,
which is Thatch Palm Ave.
Travelling south on Thatch
Palm Ave turn through the
4th corner on the left hand
side which is Spice St and the
property is the 7th lot on the
left hand side. The building is
pink trimmed with white.

Lot#209, Sunshine Park, N.P
Fourplex Apartment. Prop-
erty size: 4,944 sq.ft. Build-
ing Size: 2,200 sq.ft.
Appraised Value: $205,600
Heading south on Blue Hill
Rd, take the 1st entrance into
Sunshine Park, take the 1st
corner on left Murray St. The
subject property is 5th house
on left hand side of the St.
The house is blue trim with
white.

Lot #143 Yellow Elder Gar-
dens Subidivision, N.P. Sin-
gle Family Residence. 3 Bed-
rooms, 1 Bathroom. Property
Size: 3,200 sq. ft. Building
Size: 873 sq. ft.
Appraised Value: $104,000
From Blue Hill Rd, travel
pass Yellow Elder Primary
School turn right onto the


next St which is Seymour St
travel west along Seymour
St which curves left turn left
on the second corner Prince
Court and the subject prop-
erty is the fourth house on
the left. The subject is painted
blue trim white.

Lot#159, Winton Meadows
Section#1. Single Family
Residence. 3 Bedrooms, 2
Bathrooms. Property Size:
8,000 sq.ft. Building Size:
2,312 sq.ft.
Appraised Value: 222,0000
Travel east along Prince
Charles Ave and turn right on
Jasmine Dr continue to the
3rd corner on the right Holly
Rd and the subject property
is the 6th after the 1st corner
on the right. 9 House white
trim brown.

Lot#11, Blk#2, Lightbourne
Subdivision, N.P. Single Fam-
ily Residence. 3 Bedrooms,
1 Bathroom. Property Size:
6,000 sq.ft. Building Size:
1,176 sq.ft.
Appraise Value: 145,000.00
Travel west on Farrington
Rd to Rock Crusher Rd turn
right at the entrance and
travel around the curve the
subject property is the sixth
house on the left house #16
green trimmed white.

Lot#20, Domingo Heights,
N.P Single Family Residence.
.3 Bedrooms, 2 Bathrooms.
Property Size: 4,750 sq.ft.
Building Size: 1,475 sq.ft.
Appraised Value: $163,000
From the Junction of East St
and Soldier Rd, travel south
on East St, take the 5th cor-
ner on the left (El-bo Ave), at
the T-junction turn left, take
the 1st right (Silk Alley), the
property is 100 feet on the
right, white trim with aqua.

Lot#3,Blk#9 Eastern Estates,
N.P Single Family Residence.
4 Bedrooms, 3 Bathrooms.
Property Size: 6,000 sq.ft.
Building Size: 2,377 sq.ft.
Appraise Value: $225,000
Travel east on Prince Charles


Dr and turn into Eastern
Estates travel south to the
T-Junction (Chaster Rd) turn
left onto Chaster Rd and travel
around the curve after the fi rst
left leading into Winton Mead-
ows the subject property is
the third property/second
house on left opposite Wil-
let Rd house #33. House blue
trimmed white.

Lot#462, Pinewood Gardens,
N.P. Single Family Residence.
3-Bedrooms, 1-Bathroom.
Property Size: 5,000 sq.ft.
Building Size: 1,000 sq.ft.
Appraised Value: $101,000
From the roundabout at Pin-
ewood Blvd, travel north to
Willow Tree Ave; turn west
onto Sapodilla Blvd, the sub-
ject is the eleventh property
on left. The house is painted
white and trimmed mus-
tard.

Lot #464 Yellow Elder Gar-
dens Subdivision. Single
Family Residence. 4 Bed-
rooms, 1 Bathroom. Prop-
erty Size: 3,200 sq.ft.
Building Size: 1,797 sq.ft.
Appraised Value: $111,000
From Tonique Williams Dar-
ling Highway roundabout,
travelnorth on Yellow Elder
Way, turn right on Graham
Dr continue pass the 1st
corner on the left and prop-
erty is the second lot on the
left.

Lot#701, Pinewood Gardens
Subdivision, N.P. Single Fam-
ily Residence. 2 Bedrooms,
1 Bathroom. Property Size:
5,000 sq.ft. Building Size:
960 sq.ft
Appraised Value: $118,812
From the roundabout at Pin-
ewood Gardens travel north
on Pigeon Plum St turn at the
fi fth Plane St and travel east
on Plane St to the intersec-
tion of Plane St & Buttonwood
Ave the subject property is at
the intersection and the end
of Panes St on the left white
trimmed blue.


APARTEN S/CNOIS I


Lots#33,34,35,36 Blk#40, Nas-
sau Village, N.R Commercial
Building. 3 1 Bedroom, 1
Bathroom. 1 2 Bedrooms,
1 Bathroom. 1 Retail Store.
Property Size: 10,100 sq.ft.
Building Size: 4,900 sq.ft.
Appraised Value: $491,000
Travel east on Alexandria Blvd.
to the intersection of Alexan-
dria Blvd and Taylor St and
the subject is on the south-
west corner of that intersec-
tion which is a commercial
bldg. The building is painted
tan trimmed with brown.

Lot#342, Stapledon Gardens
Subdivision, N.P. Duplex
Apartment. 1 3 Bedrooms,
2-Bathrooms. 1 2 Bedrooms,
1-Bathroom.Property Size:
9,600 sq.ft. Building size:
1,920 sq.ft.
Appraised Value: $377,106
From the roundabout at Sir
Milo Butler Highway travel
west along Tonique Williams
Darling Highway (Harrold Rd)
to Christie Ave, turn right on
McKinney Ave, then fi rst right
(Hampden Rd.) cross over
Walrus Rd and property is the
fifth on the Northern side of
Hampden Rd.

Lot #400,Yellow Elder Gar-
dens Subdivision. Duplex
Apartment. 2 3 Bedrooms,
1 Bathroom. Property Size:
3,200 sq.ft. Building Size:
1,490 sq. ft
Appraised Value: $143,320
Travel north on Blue Hill


Rd at the intersection of
A.F. Adderley turn left onto
Doyle St travel west on Doyle
St beyond the Tom "The Bird"
Grant Sporting Complex after
the fi rst left, the subject is the
second house on the left #400
green trim white.

Lot#18, Evansville Sub.,
N.P. Duplex. 2-Bedrooms,
1- Bathrooms Each Property
Size: 7,328 sq.ft. Building
Size: 1723 sq.ft.
Appraised Value: $204,000
From Spikenard Rd.. travel
west along Carmichael Rd on
the left. The property is the
second on the left. It is painted
rust trim with white.

Lot#23876 & 2388, Pinewood
Gardens, N.R Commercial
Building -- 2 Offi ce Space.
Property Space: 20,000 sq.ft.
Building Size: 2,440 sq.ft
Appraised Value: $431,000
Travel to the West entry of
Charles W. Saunders High-
way and the subject is on
the fi rst corner on the right
(Southside opposite Cleveland
Eneas Primary School which
is a single storey commercial
building housing a laundry-
mat a convenience store and
a restaurant. The subject is
painted mauve and pink.

Lot#3, Blk#2, South Beach
Estates, N.R Duplex Apart-
ment. 1 2 Bedrooms, 2
Bathrooms/ 1- 1 Bedroom,
1 Bathroom. Property Size:


6,000 sq.ft. Building Size:
2,248 sq.ft.Appraised Value:
$216,000 ,
Travel south on East St South
turn right onto Pineway Dr
(intersection at South Beach
Police Station) travel west on
Pineway Dr after the fi rst cor-
ner on the left (Oleander Ave),
the subject is the second prop-
erty on the left (duplex). The
duplex is painted white and
trimmed maroon.

Lot of Land Francis Ave, Fox
Hill, N.P. Duplex Apartment.
1-2 Bedrooms, 1-Bathrooms
1- 4 Bedrooms, 3-Bathrooms.
Property Size: 5,000 sq.ft.
Building Size: 2,291 sq.ft.
Appraised Value: $216,000
From Fox Hill Rd roundabout
travel south on Fox Hill Rd
take the second left Davis
St turn left of the T-junction
Armbrister St then the fi rst
right Francis Ave, then the fi rst
left and the subject property
is the fi rst on the right.


Lot#16, Blk#21, Shirley
Heights, N.P. 3 Single Storey
Buildings. 2 2 Bedrooms,
1 Bathroom. Property Size:
5,000 sq.ft. Building Size:
2,400 sq.ft
Appraised Value: $119,000
Located within 355 feet west
of Mount Royal Ave on the-
northern side of Arundel St
and two lots east of the Cen-
terville Park.


RBC
FINCO




DISTRESSED PROPERTIES

LISTED FOR SALE
For more information contact 393-2004
STO MEI


YOUR CONNECTION TO THE WORLD


THE BAHAMAS TELECOMMUNICATIONS
COMPANY LIMITED


T D R-MOT IN ANC2 .7 I



The Bahamas Telecommunications Company Ltd. (BTC)
is pleased to invite Tenders to provide the Company with
Motor Insurance coverage.


Interested companies/firms may collect a Tender
Specification from- the Security's Desk located in the
Administrative building on John F. Kennedy Drive, between
the hours of 9:00 a.m. and 5:00 p.m. Monday through
Friday.


The deadline for submission of tenders is Friday,
September 7th, 2007. Tenders should be sealed and
marked "TENDER FOR MOTOR INSURANCE" and should
be delivered to the attention of the "President and CEO,
Mr. Leon Williams."


BTC reserves the right to reject any or all Tenders.


II_ ____


( -,- -LC







THE TRIBUNE


PAGE 20, THURSDAY, AUGUST 16, 2007


a nihC sa s it is launching fresh crackdown on


Senior US


med iay in rnu to. lomm unis envoy visits

media in run-up to Communist Party congress Pakistan and


* BEIJING
CHINA announced Wednes-
day that it would carry out a
wide-ranging crackdown on
"false news" and illegal publica-


tions ahead of the ruling Com-
munist Party's most important
meeting in five years, according
to Associated Press.
The crackdown, to run through
mid-October, appears aimed at


ratcheting up the Communist
Party's already tight media con-
trols to prevent any disruptions
that would marring the 17th Par-
ty Congress. The party tries to
tightly control the media in Chi-


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na and is sensitive to any criti-
cism of its grip on power or ques-
tions about its top leaders.
But China has also struggled
with problems of manufactured
news stories and people posing as
journalists seeking payoflfs to sup-
press bad news.
Earlier this week, a Beijing
court sentenced a reporter to a
year in jail for faking a television
story about cardboard-filled meat
buns a story that drew wide-
spread attention to the country's
poor food safety record.
The announcement Wednes-
day in the party's main mouth-
piece, the People's Daily, and on
a government Web site said the
campaign will be aimed at bogus
journalists and reporters who
take bribes to produce positive
stories and suppress negative
news.
"The campaign aims to clamp
down on illegal news coverage
and eliminate any spread of false
news," Liu Binjic, the director of
the General Administration of
Press and Publication, was quot-
ed as saying.
No date has been announced
for the Communist Party con-
gress, but it is expected to be held


anytime from Ihe middle of
October. The congress, held
every five years, will set the agen-
da for the party and country for
the next five years, and will like-
ly include a reshuffling of some
top leaders.
It will also mark a renewal of
party leader Hu Jintao's five-year
tenure.
The campaign against false
news will target newspapers and
magazines illegally published in
China using overseas registra-
tions, as well as illegal foreign-
language media aimed at for-
eigners living in China, political
media that fabricate rumors, and
military media that leak state
secrets. Liu was quoted as say-
ing.
The official Xinhua News
Agency said Wednesday that two
people masquerading as journal-
ists had been sentenced to prison
terms of one and three years,
respectively, for extortion and
blackmail.
Xinhua also said that 17 peo-
ple had been arrested for alleged-
ly smuggling and selling more
than 250,000 illegal newspapers
and olher publications in the
southern city of Shenzhen.


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meets with

Musharraf

* ISLAMABAD, Pakistan

U.S. ASSISTANT Secre-
tary of State Richard
Boucher told Pakistan's
president on Wednesday
that Washington values his
support in the fight against
terrorism and reaffirmed
his nation's desire to
develop long-term rela-
tions with Islamabad,
according to Pakistani offi-
cials, according to Associ-
ated Press.
Boucher made the com-
ments at separate meetings
on Wednesday with Presi-
dent Gen. Pervez Mushar-
raf and Foreign Minister
Khursheed Kasuri, accord-
ing to a government state-
ment and an official at the
president's office.
There was no word from
the American side about
the meetings.
Pakistan is a key ally of
the United States in its
war on terror, and
Boucher's visit comes amid
rising U.S. pressure on him
to .do more to fight mili-
tants in Pakistan's tribal
belt bordering
Afghanistan, where Amer-
ican intelligence officials
say al-Qaida and the Tal-
iban may be regrouping.
It also comes amid a
political crisis for the gen-
eral as he seeks a fresh
presidential term for five
years.
At his meeting with
Musharraf, Boucher said
the United States "greatly
values Pakistan's support"
in the fight against terror-
ism, the official said on
condition of anonymity
because he was not autho-
rized to speak to media.

Sacrifices

Earlier in a meeting with
Kasuri, Boucher said he
"appreciated the contribu-
tion and sacrifices made by
Pakistan ... in fighting
extremism and terrorism,"
the foreign ministry said in
a statement.
It also cited Boucher as
saying Washington was
"committed to a long-term
strategic relationship with
Pakistan and (that) there
existed a solid foundation
for such a relationship."
Kasuri told Boucher his
country was making "valu-
able contributions and
immense sacrifices in
fighting extremism and
terrorism." the statement
said.
However, the foreign
minister expressed concern
about recent legislation
tying U.S. aid to Pakistan's
progress at fighting terror-
ism.
Pakistan has deployed
some 90,000 troops to its
border regions with
Afghanistan, where there
has been a surge in attacks
in recent weeks.
But U.S. officials have
been pressing Pakistan to
do more to stop militants
from orchestrating attacks
against U.S.-led interna-
tional coalition forces in
Afghanistan from its terri-
tory.
Musharraf. who seized
power in a bloodless coup
in 1999, is seeking another
term as president in a
vote expected later this
vear.
The opposition says it
will challenge Musharraf's
presidential bid if he does
not quit the military.
Musharraf's attempt in
March to remove the coun-
try's independent-minded
chief justice was met with
widespread street protests,
and was eventually struck
down by the Supreme
Court, which would rule
on any legal challenge to
Musharra f's re-election

This week, hundreds of


Afghan and Pakistani trib-
al elders and government
officials concluded four
days of discussions at a
U.S.-backed tribal council,
or jirga, aimed at counter-
ing militancy.


I


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THURSDAY, AUGUST 16, 2007, PAGE 21


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THE TRIBUNE


PAGE 22, THURSDAY, AUGUST 16, 2007


RATAL


PEOPLE
work to rebuild a
flood-damaged
riverside road out-
side Pyongyang,
capital of North
Korea, Wednesday,
Aug. 15, 2007.
Floods caused by
the largest rains
ever recorded in
parts of North
Korea have
destroyed more
than one-tenth of
the impoverished
country's farmland
at the height of the
growing season,
official media
reported Wednes-
day. (AP Photo)


North Korea says floods have destroyed

more than a tenth of nation's farmland


. .

*-,,, .


Back-to-


Sc


hoo


Frames and Lenses


* SEOUL, South Korea
SI VI; R Hfloods have
destroyed more than a tenth of
North Korea's farmland at the
height of the growing season, offi-
cial media said Wednesday in
reports that appeared to be a cry
for outside help from the normal-
ly secretive regime, according to
Associated Press.
Aid officials fear the loss of crop
land could seriously hinder the
North's ability to feed its people,
causing widespread famine.
The country has suffered from
food shortages since the mid-1990s
due to natural disasters, outdated
farming methods and the loss of
support from Moscow after the
breakup of the Soviet Union. The
North is especially susceptible to
bad weather because of a vicious
circle in which people strip hill-
sides of natural vegetation to cre-
ate more arable land increasing
the risk of floods.
The North's official Korean
Central News Agency reported
that rains in some areas of the
Taedong River were the l.ig. i
ever" measured by the country's


hk/ 44'..


weather agency.
The flooding submerged, buried
or washed away more than 11 per-
cent of the country's rice and corn
fields, KCNA reported, citing
Agriculture Ministry official Ri
Jae Hyon.
The U.N. food agency estimat-
ed the damage claimed by the
North so far was about a quarter
of the crop losses the country said
it suffered in 1995 floods.
That previous disaster, along
with mismanagement of the econ-
omy and the loss of Pyongyang's
Soviet benefactor, led to famine
that is believed to have killed
as many as 2 million North Kore-
ans.
Some 113,000 acres of fields in
South Phyongan and South
Hwanghae provinces were deci-
mated in the most recent flood-
ing, according to KCNA, noting
those areas are the "main gra-
naries of the country."
"It is hard to expect a high-grain
output owing to the uninterrupted
rainstorms at the most important
time for the growth of crops in the
country," the news agency said.
State media earlier said the


summer storms left "hundreds"
dead or missing, and other aid offi-
cials have said the death toll was at
least 200.
"What is badly needed first is
rice, cement, daily necessities and
medicines," Tong Chang Son, vice
chairman of a government com-
mittee in South Phyongan
province, told APTN.
"I would be grateful if there is
international aid, for there is great
damage on a nationwide scale."
To cope with the damage, the
North has mobilized the military
to help with recovery efforts,
South Korea's Yonhap news
agency reported, citing unnamed
government officials.
U.N. Secretary-General Ban Ki-
moon also said he had instructed
U.N. agencies in Pyongyang and
Bangkok, including the World
Food Program and UNICEF, to
assess the damage from the flood-
ing and the needs of victims in the
countryside.
The WFP said Wednesday that
North Korean officials reported
200,000 to 300,000 people were
homeless, with the total number
probably much larger.


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THURSDAY, AUGUST 16, 2007, PAGE 23


AUGUST 16, 2007


7:30 8:00 8:30 9:00 9:30 10:00 10:30

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THE TRIBUNE I


PAGE 24, THURSDAY, AUGUST 16, 2007


Notice of Sitting for New Providence Port Authority Board
To consider Application For Licence Under The Boat Registration
Act Chapter (277)

Notice is hereby given that a meeting of the New Providence Port Authority Board
for New Providence and the Family Islands will be held at the Port Administration
Building, Prince George Wharf on the 30th August, 2007 at 3:00pm for the
purpose of granting Licences under The Boat Registration Act Chapter (277)

Any person entitled to and wishing to object to any application should do so at
least six (6) days before the date of the hearing by submitting his/her objections in
writing to the Board and to the applicant.

Persons attending the meeting on behalf of an applicant must produce written
authorization at the meeting.

Applicants for renewals are not required to attend, unless they have received
written notification from the New Providence Port Authority.

The under mentioned persons have applied for grant of licences as specified below:


NEW JET SKI FOR NEW PROVIDENCE


REG. NO APPLICANT


NB/08/07 George Lesley
P.O. Box N-3684
Nassau, Bahamas


NB/09/07 George Lesley
P.O. Box N-3684
Nassau, Bahamas

NB/10/07 Rolle Hayden
Nassau, Bahamas


BOAT
NAME

No Name
9ft
Jet Ski


No Name
9ft
Jet Ski

No Name
9ft
Jet Ski


CLASS PASS


USE


Rental




Rental



Rental


TRANSFER OF JET SKI NEW PROVINCE


NP: 113 ATE



NP: 111 ATE


NP: 112 ATE


NP: 613 ATW


NP: 115 ATE


NP: 114 ATE


NP: 612 ATW


NEW
OWNER


CLASS PASS


Nottage Daniel Nottage Gerran D
Nassau, Bahamas Nassau, Bahamas


Nottage Daniel
Nassau, Bahamas

Nottage Daniel
Nassau, Bahamas

Nottage Daniel
Nassau, Bahamas

Nottage Daniel
Nassau, Bahamas

Nottage Daniel
Nassau, Bahamas

Nottage Daniel
Nassau, Bahamas


Nottage Gerran
Nassau, Bahamas

Nottage Gerran
Nassau, Bahamas

Nottage Gerran
Nassau, Bahamas

Nottage Gerran
Nassau, Bahamas

Nottage Gerran
Nassau, Bahamas

Nottage Gerran
Nassau, Bahamas


D 2


D 2


D 2


D 2


D 2


D 2


USE


Rental



Rental


Rental


Rental


Rental


Rental


Rental


NEW BOAT LICENCE NEW PROVIDENCE


REG NO APPLICATION

N/B/72/07 J.R. Action Watersports
Nassau, Bahamas


NB/73/07 J.R. Action Watersports
Nassau, Bahamas


NB74/07 J.R. Action Watersports
Nassau, Bahamas


NB75/07 J.R. Action Watersports
Nassau, Bahamas


NB76/07 J.R. Action Watersports
Nassau, Bahamas


NB77/07 J.R. Action Watersports
-Nassau, Bahamas


NB78/07 J.R. Action Watersports
Nassau, Bahamas


NB/79/07 J.R. Action Watersports
Nassau, Bahamas


NB/80/07 J.R. Action Watersports
Nassau, Bahamas


BOAT NAME

No Name
12f
Jet Boat

No Name
12ft
Jet Boat

No Name
12ft
Jet Boat

No Name
12ft
Jet Boat

No Name
12ft
Jet Boat

No Name
12ft
Jet Boat

No Name
12ft
Jet Boat

No Name
12ft
Jet Boat

No Name
12ft
No Name


CLASS PASS USE


4 Rental


Rental


4 Rental



4 Rental


Rental


4 Rental



4 Rental


Rental


4 Rental


NEW BOAT LICENCE NEW PROVIDENCE


REG NO APPLICATION
NB/81/07 J.R. Action Watersports
Nassau, Bahamas


NB/82/07 J.R. Action Watrsports
Nassau, Bahams


NB/83/07 J.R. Action Watersports
Nassau, Bahamas


NB/84/07


Mckinney Kenneth
Nassau, Bahamas


NB/85/07 Mckinney Kenneth
Nassau, Bahamas


NB/86/07 Nassau Water Ferries &
Services Ltd
Nassau, Bahamas

NB/87/07 Nassau Water Ferries &
Services Ltd
Nassau, Bahamas

NB/88/07 Nassau Water Ferries &
Services Ltd
Nassau, Bahamas

NB/89/07 Nassau Water Ferries &
Services Ltd
Nassau, Bahamas

NB90/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB91/07 Nassau, Water Ferries &
Services Lttd
Nassau, Bahamas

NB/92/07 Nassau, Water Ferries &.
Services Ltd
* .Nassau, Bahamas

NB93/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB/94/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB/95/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas


NB/96/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB/97/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas


NB/98/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB/99/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB/100/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB/101/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB/102/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB/103/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamnas

NB/104/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB/105/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB/106/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB/107/07 Nassau, Water Ferries &
ServicCs Ltd
Nassau, Bahamas

NB/108/07 Nassau, Water Ferries &
Si vices Latd
Nassau, Bahamas


CLASS PASS USE


Rental


4 Rental



4 Rental



10 Rental


Renal


BOAT NAME

No Name
12ft
Jet Boat

No Name
12ft
Jet Boat

No Name
12ft
Jet Boat

Seaquest
8ft
Banana

Seaquest
8ft
Banana

Seadoo
2ft
Sea Scooter

Seadoo
2ft
Sea Scooter

Sea Doo
2ftt
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter


Sea Doo
2ft
Sea Scooter

Sea Doo
2Ft
Sea Scooter


Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter


Rental


1 Rental



1 Rental



1 Rental



1 Rental


REG NO PREVIOUS
OWNER


I I I


GN-555




GOVERNMENT NOTICE



Ministry Of Maritime Affairs & Labour



PORT DEPARTMENT


1 Rental



1 Rental



1 Rental



1 Rental



1 Rental



1 Rental



1 Rental



1 Rental



1 Rental



1 Rental



Rental



1Rental




1 Rental



1 Rental


1 Rental
1 Rental



1 Rental



Rental


I Rental







THE TRIBUNE


THURSDAY, AUGUST 16, 2007, PAGL :


GOVERNMENTNOTISCES


NEW BOAT LICENCE NEW PROVIDENCE


REG NO APPLICATION

NB/109/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB/110/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB/111/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas


NB/112/07


Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas


NB/113/07 Nassau, Water Ferries&
Services Ltd
Nassau, Bahamas

NB/114/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB 115/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB 116/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB/117/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB/l18/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas


NB/119/07


Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas


NB/120/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB/121/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB/122/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB/123/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NE/124/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas


NB/125/07


Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas


NB/126/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB127/07 Nassau, Water Ferr"es &
Services Ltd
Nassau, Bahamas

NB/128/07 Nassau, Water Ferries&
Services Ltd
Nassau, Bahamas

NB/129/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas

NB/130/07 Nassau, Water Ferries &
Services Ltd
Nassau, Bahamas


NB/131/07 Nassau, Water Ferries&
Services Ltd
Nassau, Bahamas

NB/132/07 Nassau, Water Ferries&
Services Ltd
Nassau, Bahamas

NB/133/07 Pirate Well Investment Co
P.O. Box N-7461
Nassau, Bahamas


BOAT NAME

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Seea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter

Sea Doo
2ft
Sea Scooter


Sea Doo
2ft
Sea Scooter

Sea Doo
2ft11
Sea Scooter

Lady Rosalind II
185ft1
Steel Hull


CLASS PASS USE


1 Rental



1 Rental


Rental


Rental



1 Rental



Rental



1 Rental


Rental



Rental



Rental


1 Rental



Rental



Rental



1 Rental



1 -Rental



Rental


Rental





Rental



Rental



Rental



Rental



Rental


1 Rental


Rental


50 Mail Boat


RENEWAL BOAT LICENCE- NEW PROVINCE


REG NO APPLICATION


NP: B.B.3-PI


Bahamas Best Watersports
P.O. Box SS-6863
Nassau, Bahamas


NP: B2 -PI Bahamas Best Watersports
P.O. Box SS-6863
Nassau, Bahamas


BOAT NAME

Banana Boat
17'
Boston Whaler

Banana Boat
15'
Sledge


CLASS PASS


USE

Rental



Rental


TRANSFER OF BOAT LICENCE NEW PROVIDENCE


REG NO PREVIOUS
OWNER

NP: 6625 Roberts Duane G
Nassau, Bahamas


NEW OWNER CLASS


PASS


USE


Charter


Fantasy Charter
Services limited
Nassau, Bahamas


TRANSFER OF BOAT LICENCE NEW P'ROVIDENCI,


REG NO PREVIOUS
OWNER

NP:PS-4 PI Daniel Nottage
P.O. Box SS-6863
Nassau, Bahamas


NP: BB-1 PI


Nottage Daniel
P.O. Box SS-6863
Nassau, Bahamas


NP: PS5-PI Nottage Daniel
P.O. Box SS-6863
Nassau, Bahamas


NEW OWNER CLASS


Nottage Gerran
Nassau, Bahamas


Nottage Gerran
Nassau, Bahamas


'Nottage Gerran
Nassau, Bahamas


PASS


B 10



B 10


NEW MASTER LICENCE NEW PROVIDENCE


REG NO

NB/49/07


NB/50/07


NB51/07


NB/52/07



NB/53/07


APPLICAT


Attaloglou Peter
P.O. Box SS-19112
Nassau, Bahamas

Andrews Michael W
P.O. Box SS-5055
Nassau, Bahamas

Bain Jamal J
Nassau, Bahamas

Cartwright Cavane
P.O. Box EE- 16611
Nassau, Bahamas

Charlton William C
P.O. Box N-4644
Nassau, Bahamas

Cartwright Fabin V
P.O. Box N-4856
Nassau, Bahamas

Charlton Prince W
P.O. Box N-4644
Nassau, Bahamas

Harvey Emmanuel
Nassau, Bahamas


Moss Keith B
P.O. Box CR-56592
Nassau, Bahamas


NB/54/07


NB/55/07


NB/56/07



NB/57/07


CLASS

B



B



A


B



A



A



B



A



A


RENEWAL MASTER LICENCE FAMILY ISLAND


LICENCE #


1119



7380




6598



8325


NAME


Darville Perry A.
Berry Island, Bahama


Gunn Stephen F
P.O. Box F-40110
Freeport, Grand Bahama


Rigby James A.
Freeport, Grand Bahama


Saunders Johnaceo
P.O. Box F-41592
Freeport, Grand Bahama


RENEWAL MASTER'S LICENCE NEW PROVIDENCE


LICENCE #


7627


7131


8048


NAME


Archer Tyrone A. Sr
P.O. Box SS-5050
Nassau, Bahamas


Harris Dave W.S
Nassau, Bahamas


Rolle Garnet Jr.
Nassau, Bahamas


Saunders Charley
Nassau, Bahamas


Smith Ellis H.
P.O. Box N-379
Nassau, Bahamas


Lloyd Christopher
P.O. Box CB-10960
Nassau, Bahamas


6922


1145


7067


CLASS


A




A



A



A



A




A


Benjamin Ferguson
(Actg.)Port Controller


CLASS


-I I _ I I--U"' '


1


I


'!






PAGE 26, THURSDAY, AUGUST 16, 2007


Back to School
Supplies


Specials Good August


0 PORK
CHOPS
Includes all cuts


$ $09
PER LB .


N.Z. CUT UP


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$ 29inRI
PER LB S'


,4


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Earn a $1.00 VALUE with every filled "SAV-A-CHEK" Certificate (Double stamps on Sundays)
Redeem at 12 City Market Locations, Sandy's, Home Fabrics, John Bull Business Centre,
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Purchase any product
below and Enter To Winm
BLUE BIRD JUICE OR DRINK
11.5 oz ............................................2/ $1 .29
CHARMIN BATH TISSUE
4 Pack, White, 176 ct.......................2/ $5.00
CHEF BOYARDEE
Asst'd Pastas, 7 oz...........................$1.1 9
COLGATE TOOTHPASTE
Regular, 6.4 oz.................................$2.99
FESTIVAL CLEANER
Multi-purpose, 33.8 oz....................2/ $5.00
FRENCH'S MUSTARD
Regular, 20 oz................................. $1.69
GAIN FABRIC SOFTENER
64 oz ................................................ $5.59
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Powder 63 oz ................................... $6.99
HELLMANN'S MAYONNAISE
Regular, 30 oz................................. $2.99
HUNT'S PUDDING or GEL
Snack 4 Pack......................................$1.89
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4Pack............................................. $3.79
LIBBY'S VIENNA SAUSAGES
Reg. or Chicken ................................59
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Asst'd.8.9oz....................................$4.39
NAUTILUS WATER
12 oz..............................................2/99C
NIAGARA SPRAY STARCH
22 oz ............................................... $1.99
PRINGLES POTATO CHIPS
43 g /1.53 oz.................................. 69
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5 LB....................................................$2.19
RUTH LAUNDRY DETERGENT
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SKIPPY PEANUT BUTTER
12 oz ................................. ....... 2/$5.00
SMUCKER'S GOOBER SPREAD
18 oz Peanut Butter w/Grape
or Strawberry.................................. $5.49
Encds Sept. 19th


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Store Hours: Mon. to Sat.: 7:00am 9:00pm Sun: 7:00am to Noon all stores,
except Harbour Bay, open until 2:00pm & Cable Beach open until 5:00pm.
Advertised products may differ from the photos shown.
Some product availability may differ for Grand Bahama stores


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NEW:CITY MARKET SEAGRAPES
Also visit the ROSETTA STREET Location
PROUD WESTERN UNION SUB-GENTS


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THE TRIBUNE


$A
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owolo


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.AAL
qw









THE TRIBUNE I HUt iuLJA'r, AUUUST 16, 2007, PAGE 27


China rescuers use



explosives to clear rubble


from bridge collapse



that killed at least 36


* BEIJING

CHINESE rescuers blasted
apart chunks of rubble
Wednesday in the search for
nearly two dozen people still
missing in a bridge collapse
that killed at least 36, accord-
ing to Associated Press.
At least 100 construction
workers were dismantling
scaffolding on the bridge
when it collapsed in the south-
ern tourist town of
Fenghuang. The disaster
rekindled concerns about
rushed, shoddy work amid
China's torrid economic
expansion.

Victims
More than 1,500 police offi-
cers and People's Liberation
Army soldiers were scouring
the site for victims and in
some cases used explosives to
crack large pieces of cement
and stone so they could search
underneath, the Beijing Post
newspaper reported.
Witnesses described hear-
ing a rumble and seeing
stones fall from the structure


Monday afternoon after con-
struction workers removed
the supportive frame from the
140-foot-high, 880-foot-long
vehicle and pedestrian bridge
across the Tuo River.
The bridge had been
capped by four large stone
arches.
The newspaper quoted sur-
vivor Hou Jiaping as saying
the bridge "split apart like a
piece of tofu cut by a knife."
"Between the time people
heard a loud sound and the
full collapse there was only
one minute," Hou was quoted
as saying.
Xinhua quoted an unnamed
local official as saying plan-
ners had opted for a tradi-
tional stone design so that it
would be "in harmony with
the local natural environ-
ment."
Fenghuang an ancient
trading town surrounded by
lush mountains and rice pad-
dies has promoted itself as
a tourist destination by pre-
serving its old cobbled streets
and riverside stilt homes.
The official Xinhua News
Agency said 23 people


remained unaccounted for.
Xinhua reported that med-
ical staff helping the rescuers
said.there was little chance of
finding survivors under the
massive pile of concrete and
rock.
The collapse also damaged
local water pipes, cutting
water supplies to 700,000 peo-
ple for two days. Service was
restored late Wednesday,
Xinhua said.

Safety

Chinese State Councilor
Hua Jianmian visited the col-
lapsed bridge late Tuesday
and urged construction sites
all over the country to tighten
safety management and check
potential risks, Xinhua said.
Premier Wen Jiabao has
called for a thorough investi-
gation into the collapse, say-
ing those responsible would
be "-,c\ crel) dealt with."
Police detained two officials
from the state-owned Hunan
Road and Bridge Construc-
tion Co.. which has been
working on the bridge, Xin-
hua said.


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choices to help you win!
"'^H4U& N '/: -1.^


Blue Bd 15 SozCannedJuicesandDrinks
Charmin4Pac1 White 176ctBath Tissue
Chef BoyadeeAsst'd7z Canned Pastas
ColgW6.4ozRe Toothpaste
Fesa33.8ozMulti-purposeCleaner
Ftends2Ooz Reo.SqueezeMustard
Gain 63aozPolerLundryDetergent
Gaif64zFabricSoftener
He-vOwm s30oz Reg Ma naise
Hun54 PackSnackPuddingsandGels
Layis24pack Variety PackChips


Ubys 4packDced Peadhes
Libt S5ozViennaSausages
MINatuae ey8.9ozAsst'd
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Nautwus12ozWater
ag*W 22ozSprayStarch
Pringles43 g/ l53ozPotatoChips
IobhiHood Sb Four.
Ruth 1 Kg Laundry Detergent
S py 12ozPeanutButte
Smudkers Goober 18oz Peanut
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CompIfter not exactly as shown. This promotion is notextended to Bahacma Supermarket Employees or
lheir i ed ttare fmilis or po tciptinq sucp.splierivendors. Promotion runs Auqust th -September 19th, 2007. ,:


I


11


i HUI ioUAY, AUUUST 16, 2007, PAGE 27


THE TRIBUNE


I I


-F


I


I


I ,


I I


I


I


I


I


I


I I


I I


I


-i


l




THE TRIBUNE


PAGE 28, THURSDAY, AUGUST 16, :.007


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THURSDAY, AUGUST 16, 2007


SECTION -


business@trilbueniedia.net


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S s MoneyGmm.


IP 0 Bank.of The Bahamas
N IN J I I N A TI (1 N A 1L

s, Wall Street Ba *"""Bah


Strike threat prompts defence of




actions by First Caribbean Bank


* By CARA BRENNEN-BETHEL
Tribune Business Reporter
FIRST Caribbean Bank yes-
terday responded to the threat
strike raised by The Bahamas
Financial Services Union say-
ing that the company had taken
major steps to address the con-
cerns raised by the union involv-
ing the Wallet Centre, an
extremely confidential area of
bank operations.
In a release issued late yes-
terday the company said: "We
are aware that the Bahamas
Financial Services Union has
arranged a strike vote poll today
relative to the Wallet Centre."
The bank explained that the
matter had originated in Janu-
ary, 2005. when the BFSU filed
a trade dispute against the bank
claiming that the area repre-
sented an unsafe and unhealthy
work environment.
"We have had a number of
meetings to try and resolve the
matter with the union but have
not been successful. Allegations
were made relative to condi-
tions in the centre and we wish
to advise that in response there-
to major steps were taken
through a local professional
company to address and correct
the concerns raised."
The bank added that the


* BFSU organises vote at Wallet Centre

* Company claims to have made efforts to address safety in workplace


Wallet Centre is in full compli-
ance with the Bahamas build-
ing code and said this was con-
firmed by professional archi-
tects.
"Additionally, the Royal
Bahamas Fire Department con-
ducted a full fire safety review
and has confirmed in writing
that the area meets safety stan-
dards. The Wallet Centre is in
full compliance with the
Bahamas building code and this
has been confirmed in writing,"
the release said.
It further indicated that on
February 20, 2007, a represen-
tative from the Department of
Labour visited the wallet unit
relative to concerns highlight-
ed by the union. During that
visit the representative made
certain recommendations and
these were fully implemented.
"On April 17, 2007, we
received a letter from the Di rec-
tor of Labour advising that fol-
lowing the inspection the area is
conducive to a healthy work
environment.
"However, on May 11, 2007.


the Department of Labour
withdrew the approval and had
proposed a repeated inspection
with the union present and such
further inspection has to date
ndt yet taken place."

Upgrades

The bank further explained
that, following receipt of the
Director of Labour's approval
of April 17, 2007, "we com-
menced further upgrades to the
unit including furnishings to
ensure a comfortable and pleas-
ing working environment."
First Caribbean said that this
work was done with the involve-
ment of staff from the Wallet
Centre.
"Since the improvements, in
the past months we have had
no issues or complaints raised
by the Wallet Centre staff rela-
tive to their working environ-
ment save for a single incident
about a month ago which result-
ed from a BEC fluctuation in
power supply which caused the


breaker to trip. We therefore
find the strike poll vote taking
place today of considerable con-
cern and unwarranted."
According to the bank, the
union has made a number of
allegations which it wished to
respond to.
"We understand the union
has made representations that
there are sewerage pipes over-
head in the unit. There are
absolutely no sewerage pipes
overhead or anywhere else in
the unit.
"Masks and gloves were pro-
vided as is industry norm based
on the nature of the duties
being performed. Employees,
however, often opt not to wear
the masks or gloves. The other
unit relocated from the same
location as the aforementioned
area was done so simply
because their functions and
resource needs necessitated
larger facilities."
First Caribbean also main-
tained that, during March and
April, human resources con-
ducted meetings with represen-


tatives of the Wallet Centre.
"The opportunity was given
to raise any issues and action
plans were identified to address
each issue no premises issues
were raised. The minutes of the
final meeting and completed
action plans were circulated to
the shop steward and other
Wallet Centre representatives
to confirm accuracy and com-
pleteness.
"It was confirmed again that
there were no premises (issues)
and staff further advised that
they were comfortable with the
security of the area. There is an
assistant manager, along with
other supervisors, on site in the
unit, hence there is no separa-
tion of management and staff
in the unit."
First Caribbean also said rel-
ative to comments made by the
union on the new operations
centre in Barbados:
"We currently already have a
complete operations facility in
The Bahamas, which addition-
ally houses the information
technology unit that supports


the entire region.
"Prior to this year, Barba-
dos did not have a consolidated
operations centre similar to the
one in The Bahamas. We con-
tinue to invest significant capital
sums in The Bahamas."
Additionally, it noted that
the union had acknowledged
that it clearly understands that,
due to the very nature of the
functions performed, the wallet
unit has to be housed in a very
sensitive and highly secured and
confidential location.
"The BFSU is aware that
such similar facilities as the wal-
let unit are currently housed in
similar settings at several other
banking institutions throughout
New Providence," the bank
said.
"The Wallet Centre is the
sole subject of this strike poll
and the bank has done all it can
to ensure that the working envi-
ronment of the centre meets
health and safety standards and
same has been so certified by
qualified professionals," the
bank concluded.


SSuccess for FamGuard as it



doubles net income to $4.95m


* By CARA BRENNEN-BETHEL
Tribune Business Reporter
FAMGUARD Corporation
has achieved its strongest mid-
year result in history, its finan-
cial report for the first six
months of 2007 showing that
the company more than dou-
bled its net income earning
$4.95 million.
Norbert Boissiere, the com-
pany's president, said earnings
per share increased by 29 cents
to 50 cents over the period.
He attributed the strong per-
formance to growth in premi-
um income from the financial
subsidiary, Family Guardian,
coupled with continued capital
appreciation in its equities port-
folio, improved yield on other
investment assets and sustained
improvements in overall claims
experience.
The half-year figures also
reveal a continuation of the


growth in profitability of the
company over the past four
years,
"Between year end 2002 and
year end 2006, net income for
the company increased by 400
per cent from $1.2 million to
$5.9 million," Mr Boissiere
said.
He also announced that while
FamGuard's principal revenue
had been derived from Family
Guardian, the company intend-
ed to round out its insurance
operations through the expan-
sion of FG General Insurance
Agency.
The company will be expand-
ed to offer homeowner and
motor insurance on a wider
scale than in the past.
Mr Boissiere also announced
that, subject to regulatory
approval during the fourth
quarter of 2007, FamGuard will
launch two subsidiary compa-
nies, FG Financial and FG Cap-


Commomwealth Bank

employee passes her

stock broker exam


ital Markets, to offer a broader
range of pension and invest-
ment products and services.
"By offering these products
FamGuard will further enhance
its capacity to facilitate finan-
cial planning for its client base,"
he added.
FamGuard's chairman fur-
ther stated that the company
was pleased with its steady and
consistent growth .
Mr Boissiere said that since
its expansions through acquisi-


tions in 2001 and 2002, the com-
pany had moved to streamline
and consolidate its operations
across all business lines.
Further, it has more than
doubled its agency force in the
financial services division and
further expanded its home ser-
vices sales operations in New
Providence and Grand Bahama
and now has offices in Abaco
and Eleuthera with an addi-
tional office scheduled to be
opened in Exuma this year.


I


* NORBERT Boissiere


Wo


* *


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* GIOVANAH Evans, an account officer at Commonwealth
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PAGE B, TURSDY, AGUST16, 007UHEITIBUN


KING'S
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GREAT INVESTMENT OPPORTUNITY

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Contact Kingsley Edgecombe
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A WILL is simply a
written statement
of a person's wishes regarding
the administration and distri-
bution of his estate after his
death and is required to be
executed by him in accor-
dance with certain formali-
ties prescribed by the Wills
Act 2002.
The author of this docu-
ment is known as the testator,
and the will essentially takes
effect after the testator dies.
The person responsible for the
administration and distribu-
tion of a person's estate is
known as the executor.
An estate of a deceased
person may comprise assets
which may be real and per-
sonal property, owned by the
deceased person in his own
name, property which he


owns as a tenant in common
(one who can distribute his
portion of property owned
jointly with another without
the right of survivorship), and
assets to which he may
become entitled after his
death.
Any assets which are
owned jointly with another
person as joint tenant, held in
trust, previously sold, distrib-
uted, or disposed before, a
deceased person's death are
excluded from his estate.
It is important that the tes-
tator clearly expresses and
communicates his wishes and
intentions in his will so that
the executor may effectively
administer and distribute the
will accordingly and in order
to minimise the risk of any
challenge to the validity of the
will.

W without clarity of
intention, a full
understanding of the needs of
possible beneficiaries, and a
strict adherence to the for-
malities prescribed by the Act,
a will may be open to chal-
lenge and controversy when
it is probated.
Probate is the legal process
in which the court determines
the validity of the will and the
ownership rights of the tes-
tator. Probate is normally
made by application to the
probate side of'the Supreme
Court.
The purpose of probate is
to legally transfer property
from the testator as legal own-
er to his named beneficiaries,
after his death and under the
terms of his will. The only per-
sons entitled to apply for a
grant of probate are the
executors who have been
expressly nominated in the
testator's will or codicil or who
have been impliedly nominat-
ed.
The application normally
includes details of the testa-
tor's assets and their market
value, details of his birth and
citizenship, marital status, and
residence along with support
documentation and the origi-
nal will of the testator.
A grant of probate is issued
from the court on successful
completion of the probate of
the will.
The probate process begins
on application to the Supreme
Court for a grant of probate.
Once it is established that
there is a valid will, the effect
of the will has to be deter-
mined.
The Application for a grant
of probate may be made by
the executor/executrix of tes-
tator's will or a lawyer, on
behalf of the executor and the
estate of the testator.


The relevant forms to
probate a will include,
but are not limited to:
Petition
Affidavit of attesting wit-
ness in proof of the due exe-
cution of a will or codicil
Oath for executor
Bond for making return
into registry and paying duties;
Return
Original last will and tes-
tament together with two
copies of the same
Certified copy of the tes-
tator's death certificate
Affidavit of delay (if
applying after a certain period
after the death of the testa-
tor).
The forms are obtained
frotn the probate registry of
the Supreme Court. The appli-
cants must complete the nec-
essary information and have
it notarised, as and where nec-
essary.
The forms and supporting
testamentary documents sub-
mitted to the probate registry
are scrutinised to ensure that
they are properly completed
in accordance with the pro-
bate rules and the testator's
will.
The will is reviewed to
determine its validity pursuant
to the legal requirements of
the act.

Applicants must also
pay a fee for an
advertisement to appear in
the newspaper to notify the
public, specifically creditors
of the testator, that the named


Legal


Ease





person has applied for a grant
of probate of the testator's
will.
This notice allows creditors
who may have a claim against
the testator's estate to notify
the probate registry of the
claim within a specified peri-
od.
If the testator's will is not
legally challenged or contested
and there are no creditor's
claims against the estate, the
executor is issued a grant of
probate, which vests the entire
estate of the testator in the
executor, to be distributed in
accordance with the provisions
of the testator's will.
Where a person does not
execute a valid will, the rules
of intestacy, as outlined in the
Inheritance Act 2002, will gov-
ern the distribution of a
deceased person's estate.

However, it should be
noted that this statu-
tory distribution "6f both the
real and personal property of
a deceased person may be
made to persons to whom the
deceased person may not have
wished to receive such prop-
erty or at least, not to the
extent to which the property is
distributed to that person on
intestacy.
Accordingly, the "statuto-
ry" beneficiaries will have to
endure (and survive), the
process of having the deceased
person's estate administered,
where particular probate
forms must be submitted to
the probate registry with the
relevant documents.


The process of





probating a will





in the Bahamas


Share your news
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
award.
If so, call us on 322-1986
and share your story.


THE TRIBUNE


PAGE 2B, THURSDAY, AUGUST 16, 2007







THE T R I B U N E T H~ ~ ~~URSAINUGSE1,S07,PGE3


European Bank





hints at rate hike


FRANKFURT, Germany
- The European Central
Bank declared on Tuesday
that recent financial market
turmoil was largely over, a
sign that the bank would prob-
ably proceed with a plan to
increase borrowing costs in
early September to curb infla-
tion caused by a rising econo-
my, according to Associated
Press.
The liquidity problems in
the last week, which central
banks around the world
smoothed over with large cash
infusions, had led many
investors to reassess whether
the European Central Bank
would tighten credit when its
official meet on Sept. 6.
The president of the bank,
Jean-Claude Trichet, said
Tuesday in an unusual state-
ment that "market conditions
have gone progressively back
to normal," as private lenders
were beginning to resume
their normal routine of
extending credit to worthy
borrowers.
Trichet's comments were
made before markets in the
United States fell sharply.
His statement highlighted
how, within the European
bank, decision makers saw no
contradiction in supplying liq-
uidity and then raising rates
soon thereafter.
The first measure is short-
term and largely technical,
intended to strengthen trust
among banks that had tight-
ened their overnight lending
to one another. But higher
interest rates, while they
tighten credit, work in the
medium term to control
inflation, the bank's main
priority.
Still, the bank has left itself
an out. This month, when


* JEAN Claude Trichet
(AP Photo/)



Trichet first hinted at a Sep-
tember rate increase, he
emphasized more than usual
that the central'bank would
not "pre-commit" itself to a
rate increase least of all
during uncertain times.
"It still depends on whether
we return to stability in the
markets," Kenneth Wattret,
chief euro-zone economist at
BNP Paribas in London, said
of the possibility of a Septem-
ber rate increase. "If we go
back to a period of turmoil,
it's hard to believe they would
raise."
The European bank has lift-
ed borrowing costs nine times
since the end of 2005, to 4.25
percent. Higher interest rates
have helped bolster the value
of the euro, causing concern
among politicians, mainly in
France, that the central bank


might be quashing a recovery.
Yet if the European bank
abandons plans for lifting rates
in September, it could fan con-
cerns that it is privy to bad
news not yet made public.
"If the bank now delays its
rate increase," said Kenneth
Broux, an economist at Lloyds
TSB in London, "it will cre-
ate suspicions it knows some-
thing that the markets do
not."
Data released Tuesday
showed that the pace of eco-
nomic growth in the 13-nation
euro zone slowed in the sec-
ond quarter to 0.3 percent,
about half the rate of the first
quarter. France and Germany,
the two largest euro members,
registered 0.3 percent growth
in the same period, less than
economists had forecast, but
in line with the central bank's
prognosis of steady growth
that would allow it to raise its
benchmark rate by a quarter-
point.
Despite the slowing, Axel
A. Weber, the president of the
German Bundesbank, said
that losses related to the col-
lapse of the American sub-
prime mortgage sector would
be limited.
IKB Deutsche Indus-
triebank, a small German


bank, sent shudders through
markets recently when a
default gave rise to a govern-
ment-engineeired rescue. But
Weber said other German
financial institutions were
sound.
"We have confirmed our
impression that the increased
risks in certain market seg-
ments are insulated and that
the profit impact for credit
institutions is limited over all,"
Weber said. The recent prob-
lems at 1KB are a one-time
case, he said, specific to that
institution.
Taken together, the state-
ments by the Bundesbank and
the central bank appeared to
be a broad offensive aimed at
closing the door on short-term
concerns and easing the way
for stability.
The European bank inject-
ed 7.7 billion euros ($10.4 bil-
lion) in one-day liquidity into
the system Tuesday, a far
smaller amount than the 94.8
billion euros it provided
Thursday.
Weber's statement was
aimed at assuring markets that
no more surprises along the
lines of IKB were in the off-
ing, since markets feared Ger-
man tenders might be hiding
greater losses.


Responsibilities:

Day to Day running of the store
Inventory Control

Day to Day sales

Computer literate

Must have a good personality


Please provide your resume to:


Andrew Aitken Frame Art

50 Madeira Street

Palmdale Ph.: 325-1771





65' Water Sports Day Cruiser
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Can be easily converted for Ferry or
Commercial Fishing,

Stapleton Fiberglass Hull/Fiberglassed Wooden
Superstructure; Twin GMC 671 Engs.; 15 KW Gen.;
2 Showers/1 WC; Gallery; Semi-Open Day Saloon;
Large Main Deck with Large Dive Platform; large
upper Sun Deck; upper Captain's Cabin/Station;
rugged/efficent/long-term operational low main-
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PH:(242) 338-2050/1/3
Fax: (242) 338-2049/52
e-mail:nils @ stellamarisresort.com
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fta ki~wMf< ^^ ^i-^ ^


-- Scotiatmst


DEPUTY MANAGING

DIRECTOR

Scotiatrust, is seeking applications for a Deputy Managing Director.

PRINCIPAL DUTIES & RESPONSIBILITIES:
The Candidate will have responsibility for the overall business development and
promotion of the International Offshore Trust Business Line. The position will
provide technical support in the areas of Trust Administration, development and
monitoring of standards of fiduciary competence to minimize risk in Trust Services,
Fiduciary Risk Management and Discretionary Powers. The position will provide
advice and direction to Senior Managers Investment and Trust Services and Senior
Trust Managers of the Company.

REQUIREMENTS & PERSONAL ATTRIBUTES:
Candidates must meet the following criteria:
* Bachelor's Degree in Business or Law &/or in a related discipline from an
accredited University.
* ACIB; ICB Trustee Dip. &/or STEP Qualifications preferred.
* Minimum of fifteen years experience in a bank and trust environment at a
management level with significant exposure in developing operational strategies
and must be able to demonstrate the ability and experience for effective diverse
risk management capabilities.
* Experience in managing complex trusts and developing fiduciary standards for
high net worth clients.
* Strong technical and managerial skills required for activities such as business
model development; creation of profit plan objectives and delivering results in
a large multi-leveled organization.
* Oversee Business Development of the offshore trust businesses in Cayman and
Hong Kong; development of new products/services within the Int'l offshore trust
business line.
* Expertise in current banking & trust legislation and regulations, able to ensure
compliance with certain areas including Qualified Intermediary; Sarbanes Oxley
Act; AML and KYC Legislation.
* Outstanding general management skills; excellent organizational, time management
and communication skills.
* Excellent Relationship-building skills; Strong Leadership skills; Strong negotiating
and influencing skills.
* Proficient in the use of the Microsoft range of applications.
* Excellent written and oral skills.

The position offers an attractive salary and benefits package, reflecting the
successful applicant's experience and qualifications, including a performance
bonus, pension, employee share plan, medical, dental & life insurance coverage.
Qualified individuals should submit resumes before August 31"', 2007 to:
Manager Operations
P. O. Box N-3016
Nassau, Bahamas
or
email: scotiatrust@coralwave.com


LOOK GOOD FEElR BETTER EMIAR




The Caner Society of The Mahamas


Living Beyond Cancer Support Group




Saturday 18th August, 2007
10:00a.m. to 4:00p.m.
Cancer Caring Centre
323-4482 or 324-4441
East Terrace, 2 doors South of ZNS



firt d s oulE


Come out and ENJOY LIFE, RELAX &
REJUNVENATE yourself!

I. Participate in a Yoga demonstration.
2. Makeup tips to enhance your appearance.
3. Hair care and wig selection.
4. Learn about nutrition and a women's needs.
5. Food for your soul
6. Free massages for 2 lucky participants.


ClOtlhg, hAs, IAir accetsorits, straw work
Jyvdrqf and butur/lf l Js88 wVill bt n *of .
Manicurts will also be aVailablk.


FEE yNcH 0


- IcLi~lLL~ I


THURSDAY, AUGUST 16, 2007, PAGE 3B


THE TRIBUNE


tsignd by' Jabtas Webfrtl







PAGE 4B, THURSDAY, AUGUST 16, 2007


THE TRIBUNE


Dow back above 13,000 after Fed




adds more money to system


NEW YORK (AP) Wall
Street advanced Wednesday
after the Federal Reserve added
a modest amount of cash to the
banking system and investors
went in search of bargains
among hard-hit stocks.
The market revealed its ner-
vousness, however. The Dow
Jones industrial average bobbed
above and below the 13,000
mark throughout the day amid
conflicting announcements from
the New York Federal Reserve
over its repurchase plans, a brief
surge in energy prices, and the
potential for more bad news
from hedge funds and mortgage
lenders.
The Fed ultimately said it
would accept a "repo" of $7 bil-
lion, in which it buys that
amount in securities from deal-


ers, who then deposit the mon-
ey into commercial banks. The
repo followed the Canadian
central bank's announcement
that it has temporarily expand-
ed the list of eligible collateral it
will accept for repos. Central
banks worldwide have supplied
billions of funds to banks over
the past week to make cash
available for lending and keep
interest rates stable amid signs
that credit was drying up.
Wall Street is hoping the Fed
will cut interest rates at its Sept.
18 meeting, but very uncertain
about that actually happening.
On Wednesday, the Labor
Department said its Consumer
Price Index a gauge of price
inflation on food, energy and
consumer products rose 0. 1
percent in July, meeting the


consensus forecast of econo-
mists polled by Thomson Finan-
cial. Rising oil prices could keep
the Fed from lowering rates -
a move that would free up more
cash and that could trigger a
rally in the Dow, which is now
about 900 points below its
record close in mid-July above
14,000.
"Yes, the market would prob-
ably move dramatically higher if
they made a cut," said Linda
Duessel, market strategist at
Federated Investors in Pitts-
burgh. "But I think it's more
prudent to allow this correction
to continue to unfold. After all,
we're in the month of August
and coming into September -
historically, the weakest months
of the year. The market has
been in need of a correction."
In mid-afternoon trading, the
Dow Jones industrial average
rose 70.72, or 0.54 percent, at
13,099.64, after falling below
13,000 in earlier trading for the
first time since April 25. The
Dow fell more than 200 points
on Tuesday, resuming a weeks-
long series of triple-digit moves
following a one-day reprieve
Monday.
Broader stock indicators also
rose. The Standard & Poor's
500 index gained 10.89, or 0.76


* TRADER Vincent Napolitano, centre, studies his handheld
device as he works on the floor of the the New York Stock
Exchange
(AP Photo/Richard Drew)


percent, at 1,437.43, and the
Nasdaq composite index added
17.22, or 0.69 percent, at
2,516.34.
Bonds fell slightly, with the
yield on the benchmark 10-year
Treasury note rising to 4.74 per-
cent from 4.73 percent late
Tuesday.
Light, sweet crude rose 57
cents to $72.95 a barrel on the


New York Mercantile
Exchange, after momentarily
surpassing $74. The National
Hurricane Center said Tropical
Storm Dean, strengthening in
the Caribbean and heading
west, could be a hurricane by
Thursday. The storm could
threaten oil producers and
refiners in the region.
Wall Street was also jittery
because Wednesday is the last
day for many investors in hedge
funds to submit redemption
notices for the third quarter. On
Tuesday, Sentinel Management
Group, which manages $1.6 bil-
lion, said it was halting redemp-
tions. That suggests heavy loss-
es, which could trigger further
selloffs in the stock market.
Headlines regarding the lend-
ing climate were mixed
Wednesday.
Thornburg Mortgage Inc.'s
shares recovered from Tues-
day's severe losses. The lender's
president said in an interview
with CNBC that while financing
has been difficult, the compa-
ny will pull through soon.
Thornburg rose $3.29, or 43 per-
cent, to $10.90.
Lone Star Fund V LP, the


private equity firm planning to
buy Accredited Home Lenders
Holding Corp., said it will
extend its tender offer for the
embattled mortgage lender's
shares. Accredited Home
Lenders rose 78 cents, or 14
percent, to $6.28.
However, on a more negative
note, KKR Financial Holdings
LLC said it sold about $5.1 bil-
lion in residential mortgage
loans in a move that will result
in a $40 million loss for the spe-
cialty finance firm. KKR fell
$3.67, or 24 percent, to $11.60.
The housing market outlook
remains grim. National Associ-
ation of Home Builders said its
housing market index, which
tracks builders' perceptions of
current market conditions and
expectations for home sales
over the next six months,
dropped this month to the low-
est reading since January 1991.
It was the sixth-straight month-
ly decline.
Earnings reports from big-
name companies also came in
mixed.
Macy's Inc. posted a 77 per-
cent drop in second-quarter
profit and warned that it would
miss Wall Street expectations
for the full year. However,
farming equipment manufac-
turer Deere & Co. reported a
23 percent rise in third-quarter
profit on strong global sales.
Macy's fell 73 cents to $31.
Deere rose $4.96, or 4.2 per-
cent, to $122.05.
The Russell 2000 index of
smaller companies rose 9.59, or
1.26 percent, to 772.46.
Declining issues outnum-
bered advancers by about 9 to 7
on the New York Stock
Exchange, where trading vol-
ume came to 1.10 billion shares.
Gold prices rose. The dollar
rose against the euro and British
pound.
Overseas, Japan's Nikkei
stock average slid 2.19 percent.
Britain's FTSE 100 lost 0.56
percent, Germany's DAX index
rose 0.28 percent, and France's
CAC-40 dropped 0.66 percent.


U


THE MALL AT MARATHON REMINDS YOU

THAT LEARNING IS EARNING!

STUDENTS, BRING YOUR

SUMMER '07 REPORT CARD

TO CENTRE COURT ON

Saturday, August 25

10:00am 2:00pm

AND GET A PRIZE IF YOU GOT AN 'A'

OR IF YOUR GRADE IMPROVED.







HK^g^^SS~i^^^^.^IP D D^^


(~Y (//1


The Authentically Bahamian Department
of
The Ministry of Tourism
invites
Artisans and Craftsmen to attend a Craft & Souvenir
Packaging Workshop

August 20 & 21, 2007
Governor's Ballroom, British Colonial Hilton Hotel
8:00 am to 4:00 pm


Presenter:
US artist and columnist, Bruce Baker

Fee : $50.00 per person


FOR FURTHER INFORMATION
PLEASE CALL
ROWENA ROLLE OR PEGGY KELLY
356-6967, 356-6964 OR 356-6741 q .


Legal Notice
NOTICE


CHEROKEE RESORT LIMITED

This is to inform the general public that all
that private thoroughfare or roadway on
Cherokee Resort Limited property located
on Great Abaco Island in Cherokee Sound
and known as The Hill in the Bahamas
will be closed to the public from 7:00 am
on Saturday 25th of August 2007
until 8:00 am on Sunday 26th of August
2007 to protect the right of ownership.



Richard Curry

President


A leading Construction Company of
the mainland Exuma Cays has a



3JOB OPPORTUNITY


for a Quantity Surveyor.
Qualified persons please apply by contacting
telephone (242) 225-0850 or (242) 357-0155
between the hours of 8:00 am 5:00 pm
Monday thru Friday.


BUINS


I


4 qj
[ ( ". .. ,
, . .... .













IBBBINVESTMENT OPPORTUNiITYB^^


THEIB UD AYAugust 16th,2007
M TLL-heTriun


MICELNEUSPOPRTE


CROWN ALLOTMENT NO. 77 MURPHY TOWN, ABACO

All that lot of land having an area of 6,790 sq. ft. being Crown allotment No. 77, of Murphy Town, Abaco Bahamas. Located on the subject property is a single storey single family
concrete building. This house is less than 5 year old and is in good condition with approximately 1,750 sq. ft of living space and contains 3 bedrooms, 2 bathrooms, living room,
dining, kitchen, laundry and utility spaces. There is no significant improvements or deterioration evident. The property is very well drained and not susceptible to flooding. Landscaping
efforts are still in remedial stages. All major public and private utilities are situate within 100 ft of the subject site. Property boundaries are clearly delineated.

Appraisal: $167,580.00
The subject property is situate off the front street, Murphy Town, Abaco and is painted light yellow trimmed dark yellow.


KENNEDY SUBDIVISION (NASSAU)

Lot no. 21 all utilities available 10 year old single story house, 3 bedroom 2 bathroom, living room, dining area, family room, kitchen, study,
laundry and an entry porch.

Appraisal: $188,406.00

Heading west along Soldier Road take main entrance to Kennedy Subdivision on the left, then take the 1st corner on the left then 1st right,
house is second on your right with garage.

LOT NO. 46 GOLDEN GATES SECTION 2

All that lot of land having an area of 6,000 sq. ft. being lot 46 of the subdivision known and designated as Golden Gates 2, the said subdivision
situated in the Southwestern District of New Providence Bahamas. This property is comprised of a 20yr old single family residence consisting
of approximately 1,854 sq. ft. of enclosed living space with 4 bedrooms, 2 bathrooms, living/dining rooms, and kitchen. The land is on a grade
and level; however the site appears to be sufficiently elevated to dissallow the possibility of flooding during annual heavy rainy periods of the
year. The grounds are fairly kept, with improvements including driveway, walkway and low shrubs. The yard is enclosed with chain linked
fencing and cement block wall to the front with wrought iron gate.
Appraisal: $180,678.00
S.Traveling west on Carmichael Road turn left on Dominica Drive, corner just after St Gregory's Church the subject house is the 8th house on
S' ,,*-. the right hand side painted light peach trimmed dark peach with large mango tree in front.


Lot No. 25 Orchard Close Sea
Breeze Nassau


-' All that lot of land having an aproximate area of 5,000
i!: ,"' sq. ft. more or less being lot 1 of the subdivision Orchard
SClose,situated at the southeastern comer of Sea Breeze
." Lane and the roadway of Orchard Close about half
mile west of Fox Hill Road, in the eastern District of
New Providence, Bahamas. This property encompasses
a 16 year old single storey house with an attached 1 -
bedroom apartment is the principal improvement. The
quality of construction is average and maintenance
is fair, so the effective age of the building is 8 years, besides the apartment. The house is comprised
of 3-bedrooms, 2-bathrooms, livingroom dining room, kitchen a utility area and a covered area that
is being used for the preparation of Catered meals, also attached to the house is an open back
patio, with concrete block railing and climate control is provided in the house by ducted central
air-conditioning. The lot is completely enclosed, by chain link fencing in part and by concrete block
walls and metal gate in part. The grounds are fairly maintained, with minimal landscaping in place.
Appraisal: $183,430.00
Travel south on Bay Lily Drive turn right onto Sea Breeze Lane. Go to the 5th corner right, subject
property is 1st left painted white trimmed white.


(Lot No. 62, Lower Bogue)
ELEUTHERA
All that piece parcel or lot of land and
Improvements, in the settlement of Lower
.. Bogue, North Eleuthera, being No. 62,
'. comprising of about 34,210 sq. ft., this site
-- . - encompasses a 12 year old single storney
-- home comprising of 4 bedrooms, 3
64 bathrooms, front room, dining, breakfast
room, kitchen and laundry room, with a
total living area of approximately 2,342.06.
Property also includes a double car garage, and front entrance with a total sq. ft. of
approximately 655.75. This home is approximately 85% completed. The property
is well landscaped with crab grass, fiascos and some fruit trees.
Appraisal: $235,638.00
This property is situated on the western side of Eleuthera Highway in the settlement
of Lower Bogue.


SLOT NO. 370 GRENADA CLOSE
GOLDEN GATES #2 (Nassau)
All that lot of land having an area of 5,500 sq. ft., being
lot 370 Grenada Close of the subdivision known and
designated as Golden Gates No. 2, situated in the
>Southwestern district of New Providence Bahamas. This
property is comprised of 25 years old single family
residence consisting of approximately 1,234 sq. ft., of
enclosed living space with 3 bedrooms, two bathrooms,
living/dining room, and kitchen. The Land is on a grade
and level and appear to be sufficiently elevated to disallow the possibility of flooding during annual heavy
rainy periods. The grounds are fairly kept, with improvements including driveway, walkway and low
shrubs. Yard is enclosed with chain linked fencing to the sides and rear.
Appraisal: $149,405.60
Traveling south along Blue Hill Road, turn right at the Farmers Market just after passing the Golden Gates
Shopping Center, take 1st corner left, Windward Isles Way, then take 3rd comer right, St Thomas Road,
then first left, grenada Crest, drive around the bend then 1st left again the subject property is the 2nd
property left house #4 painted peach trimmed black.


LOT NO. #7, BOILING HOLE SUBDIVISION
All that piece parcel or lot of land and improvements situated on the Island of Eleuthera,
North of Governor's Harbour,
comprising of Lot No. 7 in the Boiling
Hole Subdivision and comprising of
S... approximately 10,000 sq. ft., this site
S' '.. encompasses a 17 years old duplex
*i. with each unit consisting of 2-
Sbedrooms; 1 bathroom, frontroom,
,p diningroom and kitchen with a gross
S floor area of approximately 1,474.20

duplex was built in accordance with
the plan and specification as
approved, and at a standard that was acceptable to the Ministry Of Public Works. This
structure is in good condition. Each apartment could be rented at $800.00 per month.
The land is landscaped and planted with ficus trees, but needs some manicuring.
APPRAISAL: $153,521.00


LOT NO. 382 WINTON MEADOWS
All that piece parcel or lot of land having an area
of 8,300 sq. ft. being lot No. 382 situated in the
,rr. subdivision situated in the Eastern District of the
S-' Island of New Providence, Bahamas. This property
is comprised of a 24 year old single family residence
., |I t with an attached efficiency (formerly the carport)
I .. .... .consisting of approximately 2,675 sq. ft. of enclosed
i ll11 =II L. living area, front porch-198 sq. ft., back patio-380.
The building is a two storey house. Besides the
efficiency apartment, the house is comprised of 3-
bedrooms, 3-bathrooms, inclusive of a master
bedroom suite upstairs. Foyer, front room, dining room, family room, powder room, utility room,
breakfast nook and kitchen downstairs. Climate control is provided by ducted central air conditioning,
with air circulation enhanced by ceiling fans and other amenities. Quality of construction: Average.
Standard of maintenance: Average. Effective age: seven years (7) the land is on flat terrain; however
the site appears to be sufficiently elevated to disallow the possibility of flooding under normal weather
condition, including annual heavy rainy periods. The grounds are well kept, with improvements
including neatly maintained lawns with flowering trees, and a concrete garden/storage shed, which
is located in the backyard. The yard is enclosed along the sides with chain-link fencing, and concrete
block walls that are topped with metal railings, and metal gates at the front and back.
APPRAISAL: $365,000.00
Traveling east on Prince Charles Drive, pass the streetlight at Fox Hill Road until you get to Meadows
Boulevard, turn right onto Meadows Boulevard, go south and take the 4th left, then 1st right. The
subject house is the 2nd house on the left side painted beige trimmed white.


S* LOT NO. 1490
GOLDEN GATES
.. .,:SECTION 2
'"'a- --. All that lot of land having
... .,.an area of 6,000 sq. ft.
-. being lot no. 1490 of the
subdivision known and
designated as Golden
Gates, the said subdivision
situated in the
I southwestern district of
New Providence, bahamas. This property is comprised of a 25 yer old single family residence consisting of
approximately 2,480 sq. ft. of enclosed living space with three bedrooms, three bathrooms, living, dining rooms
and kitchen. The land is on a grade and level, however the site appears to be sufficiently elevated to disallow the
possibility of flooding during annual heavy rainy periods of the year. The grounds are fairly kept, ith improvements
including driveway, walkway and low shrubs. Yard is enclosed on one side wth a 5 foot chain linked fencing and
a low cement block wall to the front.
Appraisal: $162,400.00
Traveling west on Carmichael Road turn left then right onto the service road opposite Bahamas Faith Ministries
Complex, then first left again after passing clico and pre-school. The subject house is the 6th house left painted
green trimmed white.


Rainbow Subdivision Lot No. 3, Block 27
All that vacant lot of land having an area of approximately 14,052.59 sq. ft, being lot no. 3, block 27, section b, of Rainbow Subdivision with residential zoning. This property is bounded about 103.44 ft north by
Queens Highway, and 137.02 ft. East and about 99.94, ft south of Rainbow Hill Circle. 139.91 ft West. All utilities and services available.
Appraisal: $37, 440.00

Lot No. 15, Block 10, Winton Heights
All that lot of vacant land having an area of 17,144 sq ft, of the subdivision known as Winton Heights situated in the Eastern District of New Providence Bahamas. This property is rectangular
in shape and zoned multi family single family.
Appraisal: $171,440.00
This property is about 230ft West of Sassoon Drive and is about the third lot on the North Side of Hill Side Road.

BLACKWOOD, ABACO
All that lot of land having an area of approximately 258,064 sq. ft. This property is yet to reach its highest and best use. It is ideally suited to single or multi-family development as is the nature of surrounding properties
within the community. The site may also serve well as a commercial site as the area remains un-zoned the property remains largely in its original state. It is covered with low brush and broad leaf coppice vegetation intersperse
with broad strands of mature Yellow Pine indigenous to the area. The property is well drained and represents no immediate flooding danger under normal conditions.
APPRAISAL: $219,354.40
The subject property is vacant and is situated at the Southeastern entrance of the Community of Blackwood, Abaco. The property is undivided and comprises approximately 6 acres-of a larger tract of land of approximately
26 acres.
NORTH ELEUTHERA HEIGHTS (ELEUTHERA)
Lot #20 approximately 11,200 sq. ft., and bounded on North by Early Settler Drive and South by Deal Investment Ltd., this is a single family zoning and 50 ft., above sea level. This site encompasses
a foundation with plumbing and roughing inplace and well compacked quarry fill. The concrete floor has not been poured as yet. The foundation is 2,511 sq. ft. Lot #20 situated 1.5 miles east hardly
of the Bluff Settlement. The said lot is vacant and a hill over looking the Atlantic Ocean. Appraisal: $41,275.00

^^^^^^^^^^^^^^^^S^^^^^^^^^^^^^For condition^^sofsale and oth erinfraion contact^^^^^^^^^
Phi*flipW it 52377eai hlip^^ ^whit^^^ scti~abanBSS rHaryCli 0-04o mi arBo^esoiaakcm0Fx3635
To vBB 3iew poperiefis g o:w wstpshpaam s.cm-Clc o RalEtaeM ll Cikondora Ene Oln Soe


F~rvnmm


... ,.


THURSDAY, AUGUST 16, 2007, PAGE 5B


THE TRIBUNE








PAG 6, HUSDYAUUSI1,N00STESRIUN


Midwest Air to meet




Thursday to discuss




sale alternatives


Royal Bank
of Canada

NOTICE

RBC FINCO INVITES TENDERS


RBC FINCO invites tenders for the purchase of the following:

"ALL THAT piece parcel or lot of land being Lot #3A, Malcolm Allotment
situated in the Southern District on the Island of New Providence one of
the islands of the Commonwealth of the Bahamas. Situated thereon is a
Single Family Residence consisting of 3 Bedrooms, 2 Bathrooms.
Property Size: 5,446 sq.ft
Building Size: 1,079 sq.ft

This property is being sold under Power of Sale contained in a Mortgage
to FINANCE CORPORATION OF BAHAMAS LIMITED.

All offers should be forwarded in writing in a sealed envelope, addressed
to the Manager, Royal Bank Collections Centre, P.O. Box N-7549, Nassau,
Bahamas and marked "Tender 1565". All offers must be received by the
close of business 4:00 pm, Friday 17th August, 2007.


agree on a sale to private invest-
ment firm TPG Capital on
Wednesday, but the board
delayed action to consider Air-
Tran's new offer.
Orlando-based AirTran
announced after the market
closed Tuesday that it was mak-
ing another bid for the operate or
of regional Midwest Airlines.
AirTran's latest offer stands at
$16.25 a share in cash and stock,
or about $445 million.
TPG Capital had offered $16
a share in cash, or more than
$400 million.
Northwest Airlines Corp. of
Minneapolis is a passive part-
ner in the TPG deal.


Midwest Air spokeswoman
Carol Skornicka said in an e-
mail that the company would
make no other comment until
the board has made a deci-
sion.
Shares of Midwest soared
early Tuesday, rising 98 cents,
or 7.02 percent, to $14.94.
Shares of AirTran fell 6 cents,
or 0.58 percent, to $10.29.
Northwest shares were down 17
cents, almost 1 percent, to
$16.93.
AirTran has been courting
Midwest for two years, but it
temporarily abandoned its hos-
tile takeover effort Sunday
night after raising its offer to


about $15.75 per share in cash
and stock.
Hours later, Midwest's board
voted to accept a deal with TPG
Capital.
But AirTran returned to the
fray late Tuesday, offering Mid-
west shareholders $10 in cash
and 0.6056 of a share of Air-
Tran stock for each Midwest
share. Based on AirTran's clos-
ing price Monday, the deal was
worth about $445 million.
Midwest has said selling to
TPG would allow Midwest to
keep its name and heritage,
while AirTran plans to incor-
porate Midwest under its
name.


At any one moment

there are a million ways

to have fun.


CARNIVAL TRIUMPHe
OCTOBER 20,2007
7 DAY
Exotic Eastern Caribbean
from Miami


from 499


CARNIVAL VALOR,.
NOVEMBER 25, 20007
7 DAY
Exotic Western Caribbean
from Miami


US$569*
from 5 6


carnival.
The Fun Ships.

Rates are per guest, double occupancy, capacri controlled and
cruise only. Prices are quoted in U.S. dollars. Government
taxes/fees $s21 i3lo) and gratuities are additional per guest. Rates
available on select sailings only Restinctions appil P?2001
Carnival Cruise Lines. All nghts reserved. Ships Registry rTh
Bahamas and Panama.


MILWAUKEE (AP) The
board of Midwest Air Group
Inc. will meet Thursday to dis-
cuss its options for a sale, fol-
lowing AirTran Holdings Inc.'s
revival of its hostile takeover
effort late Tuesday, according
to Associated Press.
There is no guarantee that
Midwest's board will reach ai
final decision at the meeting or
enter into a written agreement,
the company said in a news
release Wednesday.
Midwest had expected to


OPMIERMTRAVEL
#57 Collins Avenue
P.O. Box N-9670
-,: ..-32"264/ 328,0257


Royal Bank
of Canada
NOTICE

RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the following:

"ALL THAT piece parcel or lot of land being Lot of Land located
North Cox Street Fox Hill situated in the Eastern District on the Island
of New Providence one of the islands of the Commonwealth of The
Balamas. Situated thereon is a Duplex Apartment consisting of (2)
Bedrooms. (1) Bathrooms.
Property Size: 6.245 sq. ft.
Building Size: 1,450 sq.ft
This property is being sold under Power of Sale contained in a Mortgage
to FINANCE CORPORATION OF BAHAMAS LIMITED.

All offers should be forwarded in writing in a sealed envelope, addressed
to the Manager. Royal Bank Collections Centre, P.O. Box N-7549,
Nassau. Bahamas and marked "Tender 1707". All offers must bep.,..
releied bh the close of business 4:00 pm. Friday 17th August, 2007-.


Share

your

news
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
award.
If so, callus on 322-1986
and share your story.


I]


PUBLIC NOTICE

TENDER FOR THE SCANNING, STORAGE AND RETRIEVAL OF DATA IN
ELECTRONIC FORMAT

Tenders are invited from duly qualified and experienced companies for the
provision of a scanning, storage and retrieval of data in electronic format solution,
for the Financial Intelligence Unit (the "FIU") a governmental agency
established by the Financial Intelligence Unit Act, 2000.

There are five (5) major elements expected from the proposed solution:

1. Security of Solution.
2. Storage and Retrieval of Imaged document.
3. Capturing of key information contained within documents and
associating the image with it.
4. Managing of Documents by case, and
5. Querying and Reporting of Information.

As part of the Tender process each potential bidder is required to sign a
Confidentiality Agreement before receiving the Bidding Documents. Failure
to execute the same will forfeit the potential bidder's opportunity to bid on
the solution.

Tender documents, which include Software Requirements Definition document
and other relevant information, can be collected between 9:00 a.m. and 5:00
p.m. Monday through Friday at the Reception Desk, Financial Intelligence
Unit, 3rd Floor, Norfolk House, Frederick Street, Nassau, The Bahamas.

Tenders must be submitted in sealed envelopes marked "Tender for The
Financial Intelligence Unit's Electronic Document & Case Management
System" airmailed or delivered to:

Chairman
Tenders Board
Ministry of Finance
3rd Floor Reception Desk
Cecil Wallace-Whitfield Centre
P.O. Box N-3017
Cable Beach, West Bay Street
Nassau, The Bahamas

All Tenders must be received at the above address by 5:00 p.m. on Thursday
27th September 2007. All Tenders must be submitted in triplicate.

All persons who submit bids are invited to attend the opening of Tenders at the
Ministry of Finance, 3rd Floor, Cecil Wallace-Whitfield Centre, Cable Beach, West
Bay Street, Nassau, The Bahamas at 10.00 a.m., on Tuesday 2nd October
2007.

The Financial Intelligence Unit reserves the right to reject any or all
Tenders.


British Colonial Hilton
Nassau


The British Colonial Hilton is currently seeking qualified applicants for the
following positions:


BUTCHER: Prepares meat, fish & shellfish for the hotel's outlets in
accordance with required specifications ensuring guest satisfaction and
safety.
Applicants for this position must:
have 3 5 years work experience as a butcher in a kitchen within the hotel
environment.
have sound knowledge of meats, fish and shellfish, and a variety of
appropriate cuts.
be able to execute effective portion control and inventory management.
have strong reading and writing skills; culinary/apprenticeship training
would be an asset.
be able to work shifts.


BOILERMAN: Maintains boilers, hot water heater systems, reverse osmosis
plant, and HVAC systems to the required specifications ensuring guest
satisfaction and comfort.
Applicants for this position must:
have 3 5 years work experience.
be a well-rounded engineer with sound knowledge of boilers and water
heaters; HVAC and RO systems; generators and pumps.
have basic plumbing, pipe-fitting and electrical skills.
have sound problem-solving skills.
have strong reading and writing skills and basic computer skills.
be able to work all shifts as required (i.e. day and night shifts).
Professional training/certification would be an asset; welding skills are
desirable.


Individuals who meet the above requirements are invited to forward their
resumes to

Director of Human Resources
BRITISH COLONIAL HILTON, NASSAU
I Bay Street
Nassau, Bahamas
Fax: 242-302-9040
E-mail: recruitment. nassau@hilton. com

Deadline: August 24, 2007


THE TRIBUNE


PAGE 6B, THURSDAY, AUGUST 16, 2007







THURSDAY, AUGUST 16, 2007, PAGE 7B


".4


HARBORSIDE RESORT AT ATLANTIS

PROUDLY RECOGNIZES OUR TOP

SALES AND MARKETING REPRESENTATIVES

FOR THE MONTH OF JULY


Roseanne Johnson
In House TO. '


Aisha Lightbourn
G.I. Sales Executive


Euthalie Miller
Explorer


Susan Morrison
A.I. Sales Executive


Maxcine Roberts
Marketing- Vacation Services
Coordinator


Caroline Saunders
In House Sales Executive


Shelton Taylor
A.I.-TO.


HARBOR SIDE

RESORT
AT
ATLANTIS
THE ATLANTIS VACATION CLUB


~. .- ........


.. LII- L - I .2 ....22. 22222222 2


THE TRIBUNE


-^-L-~-----


---





PAGE 8B, THURSDAY, AUGUST 16, 2007


I-


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S1 y

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SHARES of VMware, the
fast-growing Silicon Valley soft-
ware maker, jumped 76 percent
in their first day of trading Tues-
day as investors bet that the
company would continue to
fend off competitors like
Microsoft for years to come,
according to Associated Press.
VMware's initial public offer-
ing raised about $1.1 billion,
making it the largest 1PO by a
technology company since
Google's in 2004. Defying a
weak market, the shares closed
the day at $51, or $22 higher
than the offering price of $29.
The company hopes that the
enthusiastic first-day reception
in the stock market will also
have strategic and marketing
benefits. A valuable stock will
give VM ware the currency to
make acquisitions, Diane
Greene, the chief executive,
said in an interview.
The offering is also an "uber-
marketing event," Gireene said,
which should widen the audi-
ence for the company's software
beyond large corporations.
VMware makes so-called vir-
tual software that allows a com-
puter to run different operating
systems, or several versions of
the same operating system, at
the same time. In corporate data
centers, this means more chores
can be juggled on fewer com-
puters. reducing spending on
hardware, electricity and main-
tenance. Microsoft's Windows
and the open-source operating
system Linux run on VMware's
virtual machine software.
VMware's sales rose more
than 70 percent last year, and
are running about $1 billion a
vear. A recent report from
Bernstein Research estimat-
ed that VMware commands
an 85 percent share of the
market and its technology is
"as much as five years ahead


* DIANE Greene, president and CEO of VMware Inc., listens
to NYSE CEO John Thain on the bell podium before New York
Stock Exchange opening bell ceremonies on Tuesday during cer-
emonies for the company's initial public offering.
(AP Photo)


of the competition.".
The main competitors are
Microsoft and open-source
start-ups like Xen Source and
Virtual Iron.
Only 3.4 percent of industry-
standard computers - powered
by personal computer micro-
processors in data centers
are using virtual software,
according to Bernstei-, which
estimates that the percentage
could increase tenfold by 2015.
"'The investor excitement
around VMwaie is that it has a
dominant position in a market
where the opportunity is huge
and just getting under way,"
said A.M. Sacconaghi, an ana-
lyst at Bcrnstein.
But in the longer term, some
analysts say. VMware will face
challenges. Microsoft, for exam-
ple. will soon be introducing
tools for virtualization. and in
the fall it will introduce the beta,
or test. version of its next virtu-
al software offering, code-
named Veridian.


"VMware has a lot of work to
do to stay on top," said Thomas
J. Bittman, a Gartner analyst.
Bittman also said that the strong
investor endorsement -of
VMware increased the likeli-
hood that one or both of the
open-source start-ups would
soon be acquired.
The strong opening was good
news not only for VMware's
3,000 employees, nearly all of
whom are shareholders, but for
the company's other investors
as well. In the last couple of
months, both Intel and Cisco
have invested in VMware.
EMC, the big computer stor-
age and software company, will
continue to own 86 percent of
VMware. It bought VMware for
$635 million in cash in Decem-
ber 2003.
At a share price of $51,
VMware is valued at about
$19.5 billion. "It's been a great
investment," said David
Goulden, chief financial officer
of EMC.


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THURSDAY, AUGUST 16, 2007, PAGE 9B



Investors flock to


VMware on first


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120oz9


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I ~i~L~


J


-r tM4- en*














Remembering a classic investing theory


price was probably underval-
ned, they said.
Their classic 1934 textbook,
"Security Analysis," became the
bible for what is now known as
value investing. Warren E. Bul'-
fett took Graham's course at
Columbia Business School in
the 1950s and, after working
briefly for Graham's investment
firm, set outt on his own to put
the theories into practice. Buf-
fett's billions are just one part of
the professors' giant legacy.
Yet somehow, one of their
big ideas about how to analyze
stock prices has been almost


PUBLIC NOTICE
INTENT TO CHANGE NAME BY DEED POLL
The Public is hereby advised that I, Rochelle Indera Newton
of Joe Farrington Road, P.O. Box N-3250, Nassau, Bahamas,
the mother of LESLEY MAEGAN ALICE CAREY, intend to
change my infant child's name to AZARIA MAEGAN ALICE
CAREY. If there are any objections to this change of name by
Deed Poll, you may write such objections to the Chief Passport
Officer, P.O.Box N-742, Nassau, Bahamas no later than thirty
(30) days after the date of publication of this notice.



Assistant Financial Controller

Large firm of Insurance Agents & Brokers is presently
considering applications for the position of Assistant
Financial Controller.

Responsibilities include:

Management of Accounts Receivables
Management of Credit & Collections
Assist in preparation of management accounts
Assist with the preparation of annual budget
Assist with the preparation of financial statements

Knowledge, Skills & Abilities:

CPA, ACA, ACCA or equivalent qualification
Strong analytical and communication skills (oral &
written)
Minimum of three (3) years managerial experience
Good customer relations and interpersonal skills
Be a team player with positive attitude
Work independently with initiative

The successful candidate will receive an excellent ben-
efits packages including medical insurance and pension
plan. Salary will commensurate with experience.

All applications will be handled in the strictest conli-
dence and should be submitted on or before 25th August.
2007 to:

Human Resources Manager
P.O. Box N-8320
Nassau, Bahamas





Job SOpportun)~.bit6~ies 4


Interesting people.

A lively environment.

Savory aromas.

And delicious espresso

beverages.




This is the exciting world of

coffee. And you can be part

of it.


Starbucks, The Reef Atlantis is now hiring
Managers & Assistant Managers.

For further details contact Tameka Beneby at
Tameka.Beneby @ Kerzner.com.


* By DAVID LEONHARDT
MORE than 70 years ago,
two Columbia professors, Ben-
jamin (Graham and David L.
Dodd, came up with a simple
investing idea that remains
more influential than perhaps
any other. In the wake of the
stock market crash in 1929, they
urged investors to focus on hard
facts like a company's past
earnings and the value of its
assets rather than trying to
guess what the future would
bring. A company with strong
profits and a relatively low stock


GLINTON


entirely forgotten. The idea
essentially reminds investors to
Iocus OI lon g-ter trends and
not to get caught up in I the
moment. Unfortunatelyy, vhen
you apply it to today's stock
market, you get even Imore neI-
vous about what's going on.
Most Wall Street analysts, of
course, say there is nothing to
be worried about, at least not
beyond the mortgage market.
In an effort to calm investors
after the recent volatility, ana-
lysts have been arguing that
stocks are not very expensive
right now. The basis for this
argument is the standard mea-
sure of the market: the price-
to-earnings ratio.
It sounds like just thle sort of
thing the professors would have
loved. In its most common
form, the ratio is equal to ai
company's stock price divided
by its earnings per share over
the last I2 months. You can skilp
the math, though, aind simply
remember that a P/E ratio tells
vou how much a stock costs rel-
altive to a company's perfor-
mance. The higher the ratio, the
more expensive the stock is --
and the stronger the argument
that it won't do very well going
forward.
Right now, the stocks in the
Standard & Poor's 500-slock
index have an average P/E ratio
of about 10.5, which by histori-


cal standards is quite normal.
Since World War II, the aver-
age P/E ratio has been 16.1.
During the bubbles of the 1920s
and the 1990s, on the other
hand, hlie ratio shot above 40.
The core of Wall Street's reas-
suring message, then, is that
even if the mortgage mess leads


I SWEETING


to a full-blown cre
the damage will n
because stocks do
to fall.
To Graham and
P/E ratio was inde
measure, but they
had a problem with
the number is calcu


I O'BRIEN


COUNSEL & ATTORNEY S-AT-LAW
303 SHIRLEY STREET I P.O. BOX N-492
NASSAU, NEW PROVIDENCE I THE BAHAMAS
T: 242.328.3500 I : 242.328.8008.1 www.gsolegal.com


GLINTON I SWEETING I O'BRIEN is seeking two qu
Attorneys-At-Law to join the firm as Associates specializing in Real
Law and Litigation, respectively.

Applicants should have strong academic records, particular
respect of their legal studies, be organized and diligent workers with
analytical and writing skills, and should have the personal
necessary for direct professional interaction with the firm's
important clients. Two or minore years experience
preferred but is less important than ability and the right attitude.

Successful applicants will receive a highly competitive
including full medical insurance and will participate in a gei
profit-sharing scheme. More importantly, the successful applicants w
a thriving new practice in lthe early stages of its growth, and work
enjoyable and challenging environmentcn while having the bene
careful and thorough training 'from experienced practiti

Interested applicants should deliver their curriculum vitas to our
in the Destinations Building, 303 Shirley Street, along with copies
degrees and certificates earned and at least two samples of written
prepared by the applicants in either an academic or professional cc
All applications will be treated as confidential.


* TRADER Joseph Masters watches the boards on t
the the New York Stock Exchange


loners, behind the

offices news, read
of all i
Work Insight on
ontext. :
S Monday
*.


Besides advising investors to
focus on the past, the two men
also cautioned against putting&
too much emphasis on theo
recent past. As they thought, a
few months, or even a year, of
financial information could be
deeply misleading. It could say
more about what the economy
happened to be doing at any
one moment than about a com-
pany's long-term prospects.
So they argued that P/E ratios
should not be based on only one,
year's worth of earnings. It isj,
much better, they wrote in
"Security Analysis," to look at,.
profits for "not less than five,.
years, preferably seven or ten,
years."
This advice has been largely
.lost to history. For one thing,,,
collecting a decade's worth ofd
earnings data can be time con-.
suming. It also. seems a little"'
strange to look so far into the
the floor of past when your goal is to predict
future returns. I,
But at least two economists,
(AP Photo) have remembered the advice"
For years, John Y. Campbell'
dit squeeze, and Robert J. Shiller have beenrl
lot last long calculating long-term P/E ratios.,
n't have far When they were invited to a:
make a presentation to Alan
J Dodd, the Greenspan in 1996, they used1j
.ed a crucial the statistic to argue that stocks
would have were badly overvalued. A fewj
the way that days later, Greenspan touched1
lated today. .off a brief worldwide sell-off by,
wondering aloud whether "irra-l
tional exuberance" was infect-d
ing the markets. In 2000, not
long before the market began,
its real swoon, Shiller published
a book that used Greenspan's,
phrase as its title.
Today, the Graham-Dodd1
approach produces a very dif-
ferent picture from the one that
position: Wall Street has been offering
Based on average profits over
the last 10 years, the P/E ratio,)
iT has been hovering around 27,
recently. That's higher than it
me has been at any other point over,
the last 130 years, save the greatn
bubbles of the 1920s and the(
1990s.
The stock run-up of the 1990s,,
was so big, in other words, that
the market may still not haveo
fully worked it off. .4
Now, this one statistic doesl
not mean that a bear market is
inevitable. But it does offer aq
good framework for thinking.-
about stocks.
Over the last few years, cor;
porate profits have soared.
Economies around the world
have been growing, new tech-
nologies have made companies
more efficient and for a variety
of reasons globalization and
luding automation chief among them
sion, workers have not been able
to demand big pay increases. In
just three years, from 2003 to
2006, inflation-adjusted corpo-
oyment rate profits jumped more than
30 percent, according to the
Commerce Department. This
profit boom has allowed stan-
riday dard, one-year P/E ratios to
i remain fairly low.
ions Going forward, one possibil-
a later ity is that the boom will contin-
ue. In this case, the Graham-
Dodd P/E ratio doesn't really
matter. It is capturing a reality
that no longer exists, and stocks
could do well over the next few
years.
The other possibility is that
the boom will prove fleeting.
Perhaps the recent productivity
gains will peter out (as some
measures suggest is already hap-
pening). Or perhaps the world's
major economies will slump in
the next few years. If something
along these lines happens
stocks may suddenly start to
look very expensive.
In the long term, the stock
market will almost certainly
continue to be a good invest
ment. But the next few year,
do seem to depend on a more
talified rickety foundation than Wal
Estate Street's soothing words suggest
Many investors are banking oi
the idea that the economy ha,
entered a new era of rapid prof
rly in it growth, and investments that
depend on the words "new era'
sound don't usually do so well.
skills That makes for one more risk
in a market that is relearnin
most the, meaning of the word.
e is


salary, INSIGHT

ill join
in an For the stories
efit of :


The American Emnbassy is presently considering applications for the following p


COMPUTER MANAGEMENT ASSISTANT

Serves as thile operational support of the local area network, along with stand-alo
computers. This position is open to candidates with the following qualifications:
Baccalaureate Degree in computer science or
computer information system
NICSI .\+ and Network certification
Five \cars of experience performing all aspects of information systems
management

PERSONAL ATTRIBUTES:
ShMust be able to trotblecshoot. diaenoise and resolve
hardware and soft\\are problems.
Must have excellent people skills, be dependable
and e\trniell\ Ilexibll

BENEFITS PROVIDED INCLUDE:
T'he successful candidate wNill be offered an excellent compensation package incl
lerlfo mance-based inceInti\ e medical aid dental insurance, life insurance, pens
and opportunities lot liainini a;id dle\elopinent

Applicants must he 1liaiiiiain c li/cn, or 1 S. citizens who are eligible for empl
under Bahamian laws and regulations.

Applications forms are available from 8:00 a.m. to 5:00 p.m. Monday through F
at the security area of the American 1mnbassy, Queen Street. Completed applicat
should be returned to the Embassy: addressed to the Human Resources Office no
than Thursday, August 30. 2007


THE TRIBUNE.


PAGE 10B, THURSDAY, AUGUST 16, 2007








THE TIBUN THUSDAY AUGUT 16 200,SPAEESS


Two giant retail



chains says sales



are slumping


WAL-MART and Home
Depot sneezed Tuesday. Will
the economy catch a cold'?
The two companies, the
nation's largest retailers and
bellwethers for consumer
spending, reported earnings dis-
appointments for the second
quarter and predicted an even
bumpier year ahead because of
higher energy costs and a sag-
ging housing market, according
to Associated Press.
The sober forecasts reverber-
ated across Wall Street, sending
the Dow Jones industrial aver-
age and the Standard & Poor's
500-stock index down by nearly 2
percent, with the Dow dropping
more than 200 points. Shares of
both Wal-Mart and Home
Depot fell around 5 percent.
Home Depot also said that
the proposed sale of its supply
business, for $11 billion, could
fall through because of trouble
in the credit markets, poten-
tially forcing the retailer to
shrink a $23 billion stock buy-
back.
Economists said the sluggish
performance of the chains -
Wal-Mart missed its profit fore-
cast and Home Depot's earnings
dropped could signal broader
troubles in the economy.
"It's a red flag," said Jay
Bryson, global economist at
Wachovia. "If consumer spend-
ing starts to weaken, the overall
outlook for economic growth
will diminish."
That, Wal-Mart executives
said, is precisely what has begun
to happen in its 4,000 U.S. stores
over the last three months -
even after the chain cut prices
on 16,000 products this summer.
S"Many customers are running
out of money at the end of the
month," said H. Lee Scott Jr..
the chief executive of Wal-Mart.
'Home Depot's chief execu-
tive, Frank Blake, described a
"tough selling environment" add'


warned that the housing and
home improvement markets
would remain weak into 2008.
But Wal-Mart also blamed
itself, for poor clothing and
home decor products. And
Home Depot has alienated cus-
tomers with lackluster service,
making it difficult to discern
how much of the slowdown was
self-inflicted damage and how
much was tied to larger eco-
nomic forces.

Estimate

For the second quarter, which
ended Aug. 3, Wal-Martl missed
its profit estimate and those of
Wall Street analysts, a rarity for
the company, whose perfor-
mance is generally the envy of
the industry. Earnings from
continuing operations were 72
cents a share, below the com-
pany forecast of at least 75
cents. Even so, sales rose 8.8
percent, to $92 billion.
Net income rose 49 percent,
to $3.1 billion, or 76 cents a
share. But that figure included 4
cents a share in one-time gains
like lower workers' compensa-
tion claims.
"Although some people will
report that Wal-Mart has had
record sales and earnings, our
underlying operating perfor-
mance this quarter was not what
we expect of ourselves, and not
what our shareholders expect
of us," Scott said.
For the year. Wal-Mart said it
would earn $3.05 to $3.13 a
share from continuing opera-
tions, lower than its original
forecast of $3.15 to $3.23.
Scott said Wal-Mart's shop-
pers, who generally earn less
than $40,00() a household, are
"under difficult pressure eco-
nomically."
He added that "the paycheck
cycle is more pronounced now


than ever before," meaning that
customers are left with little
cash by the end of the month.
Wal-Mart has lowered prices
across its stores to appeal to
such customers, but the strategy
has hurt its profit margins. Sales
of grocery items, electronics and
pharmacy items rose in the sec-
ond quarter, but clothing and
home products which sell at a
higher profit margin did not.
Charles Groin, an analyst at
J1PMorgan. downgraded Wal-
Mart stock Tuesday, saying its
second-quarter earnings were
"creating a slippery slope for
Wal-Mart to climb."
"Wal-Mart's lowered out-
look," Groin wrote, "is more
than just resetting the bar this
morning. Rather, the company
and this management has suf-
fered a credibility blow that will
take time to overcome."
Wal-Mart's shares fell $2.35,
more than 5 percent, to close
at $43.82 Tuesday.
At Iome nil)cpot, second-
quarter income fell 14.8 per-
cent, to $1.6 billion, or 81 cents
a share, compared with the
quarter last year. Sales fell 1.8
percent, to $22.2 billion, while
sales at stores open at least a
year, a key measure in retail-
ing, fell 5.2 percent.
"The housing market remains
difficult, and our performance
reflects that," said Blake, the
chief executive. He noted, for
example, that housing starts so
far this year were down 22 per-
cent, compared with a year ago,
and existing-home sales were
down 12 percent.
Home Depot said its earnings
for the year would fall 15 to 18
percent, confirming an earlier
forecast. Nevertheless, the com-
pany will invest in its stores, giv-
ing employees bonuses and
remodeling aging outlets to bet-
tei compete with Lowe's. its
biggest rival.


[SALES CAREER

A multi l'acettd comm)llunications/consulting company that is
currently undergoing market expansion wishes to employ
experienced commission sales executive. The ideal person
would have a minimum of three years in commission sales;
have their own private vehicle. We are looking for excellent
communicators that are driven. C candidates must have computer
skills and be able prepare public presentations on behalf of
companies clients.

A degree in marketing or business is preferred but not a must.

Persons interested should submit CV's and reference letters to:

DA#6282
P.O. Box N-3207
Nassau, Bahamas
by August 30, 2007.








Cars left at "Action Auto" which was operated by The Late Ben
Miller: (opposite to Nassau Repair Shop on Cheasapeake Road)
Owners of the following vehicles are requested .to remove their
vehicles from the above premises by Thursday 13th September, 2007

Deveaux Duane, 1992 Dodge Dynasty #' 5394. Deveaux Reno, 1989 GMC
Truck, #M17650. Ferguson Maria A., 1993 Subaru Tusty # 33076. Lochart
Advkda M. 1996, Toyota Corolla #' 81499. McDonald KaliaA ,1987 BMW
323 # 48530. Purdy Bruce, 1990 Tarus Station Wagon #97898. Rodgers
Randolph, 1990 Ford Explorer, #32415. Sweeting Everette & Leonie, 1994
Pont Gran Prix, #29159. Talor Shelly M, 1988 Nissan Stanza, #59144.
Thompson Charles K, 1980 Chev Caprice Classic, #59516. Wison
Suzanne 1991 NIssan Cedric, #30612. 1987 Acura Legend, #51944.
Acura TwinCam, #108680. 1988 Chev Baretia. 1988 Eagle Premier,
#61642. 1991 Linc Continental, # 35034. 1990 Nissan Maxima, # 12229

Failure to remove these vehicles by Thursday
13th September, 2007 will result in the disposal of
same on Friday 14th, September, 2007


The strength of our economy depends in part, on the strength of
the small, medium and large businesses in our community.
The GEMS Family is committed to serving you to creatively assist
with inspiring businesses develop. It's our commitment to
identify and create opportunities for entrepreneurs throughout the
year but during the MONTH OF AUGUST we will spotlight the
achievements and challenges of the entrepreneur. Equally as
important, we will identify and create opportunities to
promote and strengthen your business.


Ca/ l o ./1
Let's set each other up to succeed!

242-326-4381/2 '

gemsradio@gemsbahamas.com a

51 Sc',. Hill, Nissau Bahamas '" -
4 Radio 105.9 FM


U


Core Responsibilities:

* Provides user support for the company's networked systems, by
investigating and performing resolutions to problems that are
reported.
* Performs routine installations, preventative maintenance and
repairs to hardware, operating systems and application installations.
* Troubleshoots system and application problems, including issues
and servers.
* Assists with documentation and maintenance of technical standards
and operations.
* Assists with the implementation of new technologies and
information systems and the decommissioning and disposal of
old technologies.
* Assist with the administration of the company's networked anti-
virus and data back-up systems by checking that these systems
are current and operate as scheduled.

Knowledge Skills and Abilities:

* Advanced knowledge various Windows operating systems to
provide help desk support and to troubleshoot end-user and back
office systems.
* Sound knowledge of computer hardware to execute hardware
repairs and upgrades.
* Basic knowledge of networking, especially protocols in use by
the company to troubleshoot and assist in rectifying network
issues.
* Analytical and problem-solving skills to assess issues and technical
information, examine alternatives, and use judgment to provide
reasoned recommendations.
* Must be open to new technology and ability to problem solve in
support of the network and central database systems.
* Associates degree in a computer-related field, industry standard
network certifications required, plus two (2) or more years of
proven technical support and network systems experience.,

Benefits include: Competitive salary commensurate with experience
and qualifications; Group Medical (includes dental and vision) and
life insurance; pension scheme.

Interested persons should apply no later than August 17th, 2007 to:
DA 8128
c/o The Tribune
P.O. Box N-3207
Nassau, Bahamas


THURSDAY, AUGUST 16, 2007, PAGE 11B


THE TRIBUNE


Vacancy For The Position Of.

*MNETWORK O\ 4E\iJa T M

^^IBTECHNICIAN


..









[AGE 12B, THURSDAY, AUGUST 16, 2007


THE TRIBUNE


Consumer price increases are flat


('sulltmer price increases
.v c' essentially unchanged inh
JI lihe government imported
\ dlinesday, but long-term
'j i linigs on inflation suggested
. It i lite Federal Reserve will
*,' ,i \et lower its guard and cut
i. ,itest rates soon, according
Ssci j~d'i Press.
IL,' [ ahor Department said


in its monthly survey of prices at
the retail level that the con-
sumer price index rose 0.1 I per-
cent in July after an increase of
0.2 percent in June. From July
2006 to July 2007, prices
climbed 2.4 percent, compared
with a 2.7 percent annual
increase in June.
But core consumer prices,


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which the 1ed considers a I(more
accurate reading on inflation
because they exclude volatility-
prone food and energy prices,
showed no improvement. For
the month, they rose 0.2 per-
cent, the same as in June. On an
annual basis, they rose 2.2 per-
cent, the same as in June and
May.


That seemed in line with the
Fed's most recent declaration
that "sustained moderation in
inflation pressures has yet to
be convincingly demonstrat-
ed."
Falling energy costs helped
keep inflation from climbing too
rapidly over all. After rising
considerably in the spring, the


government said energy costs
fell 1 percent in July, with a 1.7
percent drop in the cost of gaso-
line.

Health

Price increases on other
goods, however, remained ele-
vated. Apparel costs jumped 0.4
percent in July after falling in
the previous four months.
Health care costs continued to
rise, increasing 0.6 percent,
compared with a rise of 0.4 per-
cent in June. They were up 4.3
percent in the last year.
Food prices increased over-
all, but at a slower rate.
Many economists said that
while the latest readings on


inflation showed some signs of
improving, they did not give the
Fed a reason to change its
stance that rising prices remain
the biggest threat to the health
of the economy.
"The pattern gives backbone
to the Fed's continued insis-
tence that a "sustained moder-
ation" in the inflationary envi-
ronment may not yet have tak-
en hold," said Kenneth Beau-
chemin, an economist with
Global Insight.
Paul Ashworth, senior econ-
omist with Capital Economics,
said the report was "nothing to
get too concerned about, but
the Fed may feel a bit more jus-
tified in warning that the mod-
eration in core inflation might
not be sustained."


International Company seeks to
employ a Jr. Office Clerk.


Must have working knowledge of
Microsoft Office and Windows
Explorer.


Please send resume to
P.O. Box N-4910,
Nassau, Bahamas

or email to: cbodie-stubbs@ucftrading.com


NOTICE

NOTICE is hereby given that ESPERANCIA VALSAINT
OF OXFORD AVENUE, P.O. BOX N-7060, 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 9TH day of
AUGUST, 2007 to the Minister responsible for Nationality
and Citizenship, P.O.Box N- 7147, Nassau, Bahamas.


NOTICE

NOTICE is hereby given that EDWIN LEWIS OF 19 EDWARD
AVENUE, P.O. BOX N-16667, 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 16TH day of AUGUST, 2007 to the Minister responsible
for Nationality and Citizenship, P.O.Box N- 7147, Nassau,
Bahamas.



NOTICE

NOTICE is hereby given that BIASSOU JOACHIM OF BACARDI
ROAD, 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 16TH'day' of
AUGUST, 2007 to the Minister responsible for Nationality and
Citizenship, P.O.Box N- 7147, Nassau, Bahamas.




Needed
One male and female to do general cleaning.
Must have own transportation.

Please come in for Interview. At Athena Cafe
Bay & Charlotte Street
P.O. Box N-3669
Nassau, Bahamas
Tel: (242) 326-1296/322-8833








WA



-Well established Bahamian-owned group of
companies has an immediate opportunity for an


Assistant Financial Controller

As Assistant controller, you will work with and support
Senior management as it relates to all accounting and
finance functions of the companies. This includes GL
maintenance, month-end close. Internal Reporting,
financial analysis, budgeting and forecasting, working
with auditors and supporting general management and
operations.

Candidates should have a solid professional foundation
in accounting/finance.

Requirements:

V Bachelors in accounting and/or Finance
V CPA or CA (an asset)
V 3+ years experience in Accounting/Finance
V Able to supervise staff at the clerical and professional
level

Send cover letter explaining in detail why you would
be right for the position. Please forward your resume
with professional references and phone numbers to:

DA7168
c/o The Tribune,
P.O. Box N-3207,
Nassau, Bahamtas


Pri'9g Information As Of:
WVVednesdav. 15 Auqust 200 7
BISX LISTED & TRADED SECURITIES VISIT WWVV.,lSBXAHAMAS COM FOR MORE DATA & INFORMATION
BISX ALL SHARE INDEX. CLOSE 1,853.71 / CHG 00.87 1%CHG 00.05 / YTD 177 52 / YTD 1050
I1 .- L. L :c.". e c u r. P .- lO u : C-l. e T c .d -,.j ., 1 .t_ 1 :.I,-. ..-, .i- . E 1 ? I' ,* E ,e l
I 78 0.54 Abaco Markets 1.60 1.60 0.00 0.000 0.000 N/M 0.00%
12 05 11.00 Bahamas Property Fund 11.65 11.65 0.00 1 527 0.400 76 3.45%
0 41 7.49 Bank of Bahamas 9.40 9.40 0.00 1.100 0 733 0.260 12.8 2.77%
085 0.70 Benchmark 0.85 0.85 000 0048 0,020 17.7 2.35%
3 71 1.50 Bahamas Waste 3.71 3.71 0.00 1.600 0 279 0 060 13 3 1.62%
1.57 1.20 Fidelity Bank 1.57 1.57 0.0)0 0.064 0 020 24.5 1 27%
0 76 9.10 Cable Bahamas 10.75 10.75 000 0) 949 O 240 I 1 3 2.23%"
S41 1.80 Colina Holdings 2.65 2.65 0.00 67-1 0.281 0.080 9.4 3,02%
5 15 10.99 Commonwealth Bank 15.10 15.15 0.05 1.000 1 190 0 680 12 7 4.49%
722 4.70 Consolidated Water BDRs 5.94 5.96 002 0 112 0 050 53 1 0.84%
76 220 Doctor's Hospital 2.31 2.31 0.00 1.000 0.281 0.000 8 2 0.00%
-.40 5.54 Famguard 6.20 6 20 0.00 0.804 0 240 7.7 3.87%
12.77 11.51 Finco 12.77 12.77 000 95 0.787 0 570 162 4.46%
1.470 13.10 FirstCanbbean 14.65 14.65 000 0.977 0470 14.6 3.21%
',46 5.18 Focol (S) 5.46 5.46 000 1,000 0.364 0.133 15.0 2.43%
1 00 054 Freeport Concrete 0.70 0.70 0.00 -0.415 0000 N/M 0.00%
8G.5 7.10 ICD Utilities 7.25 7.25 0.00 0 411 0.200 17.6 2.76%
9.00 8.52 J. S. Johnson 9.90 9.90 0.00 0.946 0.580 10.5 5.86%
10 00 10.00 Premier Real Estate 10.00 10.00 000 1.167 0.600 8.6 6.00%
Fidelllty Over-The-Counler Secuniries
52wk Ili 52wk-Low Symbol Bid $ Ask $ Last Price Wookly Vol. EPS $ Div $ P/E Yield
11 60 12.25 Bahamas Supermarkets 14.60 15.60 16.00 1.234 1.485 12.6 10.17%
10.14 10.00 Caribbean Crossings (Pref) 600 6.25 10.00 0.000 0 640 NM 7.85%
0.5.1 0.20 RND Holdings 0.35 0.40 0.20 -0 1.30 0 000 N/M 0.00%
Collna Ovor-The-Counte, Sec.urirles
.13.00 28.00 ABDAB 41.00 4300 41.00 2 '220 0000 19.4 0.00%
14.60 14.00 Bahamas Supermarkets 14.60 1550 14 00 1 234 1 125 12.6 7.71%
0.60 0.35 RND Holdings 0.45 0.55 0.45 0 021 1) 000 26.2 0.00%
BISX Listed Mutual FunIittI
' 2wk I li 52wk-Low Fund Name NA V YTD% Last 12 Months DIv $ Yild .
I 3,51 1 3031 Colina Money Market Fund 1.351263'
1.3402 2 9449 Fidelity Blarhaas G & I Fund 3 3402"'"
1 7399 2.4415 Colina MSI Preforred Fund 2 739935"
1.: 6'2 1 1886 Colina Bond Fund 1.265223-"
11 G'i0 1 11 1193 Fidelity Primo Incomre Func 11 6581 "
FINDEX CLOSE 807 85 /YTD 8.86% / 2006 34.47% ,
S, i /, IANr[ x 19 D r ( 1,110 00O MARKET 1ER1M )S 17 I-LD I.I1 1/ I -, h ll l v I, 1 N,\ I Y

%.,rr I rvIi fl-.r dy r ii I t 11r, I l.),,W l iy vi m l Pr,.iyv,, Iriir, l,, 11h ll l
S I N Hia rr ribar of l nrtir l r.r h.r. del, d r ioday NAV- Not As, t V. lh .
:i [ ,virlr I'*. p -r h flr p irod I ti Ihe i.. 12 mroIthS N/M Not MooniJfIl
/i ,Illl ,i d, vi by thIe last 12 mao th Wrnlrigs FINt/EX rh., -id ily Bih.u,. l, -lock IIll' ,,,, I 1 ,l
('1, 4 frr 1 ,Hl.I,k Spill Efflctilvo Dnto 8/8/2007
TO TRADE CALL: COLINA 242-1502-70'0 /, FIDELITY 242-3158-7764 / FOR MORE DATA & INFORMATION CALL t242) 394-2503


I


1'









THE TRIBUNE


THURSDAY, AUGUST 16, 2007, PAGE 13B


Commodity prices




in retreat due to




volatile markets


NEW YORK (AP) Ener-
gy prices rallied Wednesday
after the US government
reported bigger-than-expected
draws on crude oil and gasoline
stockpiles and as traders
tracked two storms that could
pose potential threats to Gulf
Coast oil operations, according
to Associated Press.
Other commodities prices
generally weakened Wednes-
day amid continued uncertainty
in worldwide credit markets.
Trading was marked by sharp
declines in industrial metals and
an anemic gold market. Agri-
culture futures mostly fell.
Gold fluctuated narrowly.
The market has played oppos-
ing roles in recent days, at times
acting as a haven for investors
worried by uncertainty in glob-
al financial markets and other
times serving as a place for big
funds, lacking liquidity else-
where, to raise capital.
Tom Pawlicki, precious met-
als and energy market analyst
with MF Global Research in
Chicago, said he believes right
now "the gold market has a
much closer correlation to the
stock market as a function of
the issues in subprime and glob-
al liquidity."
On Wednesday, gold prices
opened lower along with U.S.
equities, then nudged higher as
major stock indexes returned
to positive territory. Wall Street
appeared reassured by the Fed-
eral Reserve's decision on
Wednesday to provide $7 bil-
lion in additional liquidity to
the banking system, a continu-
ation of recent moves by it and
other central banks to stave off
a global credit crunch. But over-
seas, stock indexes largely
declined.
December gold fell 10 cents
to $679.60 an ounce on the New
York Mercantile Exchange. Sil-
ver for September delivery


dipped 13.3 cents to $12.615 an
ounce.
Bond yields edged higher
Wednesday, with the 10-year
Treasury note quoted at 4.74
percent, up from 4.73 percent
late Tuesday. Bond prices move
opposite yields.
Overseas, industrial metals
prices fell across the board with
tin logging the sharpest decline
on the London Metal
Exchange. The market for base
metals has recently been bat-
tered problems in other finan-
cial markets, as funds hurt
by losses in the subprime lend-
ing market have liquidated
holdings elsewhere to raise cash.
Subprime loans are those
made to people with poor cred-
it. Rising defaults on those loans
have upset Wall Street and
financial markets worldwide.
Elsewhere, oil jumped more
than $1 after the Energy Infor-
mation Administration reported
larger-than-expected draws on
crude oil and gasoline stocks for
the week ended Aug. 10. Crude
stocks plummeted by 5.2 mil-
lion barrels, while gasoline
stocks fell by 1.1 million bar-
rels. Analysts had projected that
crude inventories would drop
by a trimmer 2.1 million barrels
and gasoline stockpiles would
fell by 400,000 barrels.
Also Wednesday, investors
eyed the movement of Tropi-
cal Storm Dean in the Atlantic
and a tropical depression head-
ed for landfall in Texas. The
Gulf Coast houses many oil and
natural gas installations, and
traders will be on alert for any
sign that a storm could threaten
those operations, interrupting
supplies.
Light, sweet crude for Sep-
tember delivery gained $1.77 to
$74.15 a barrel, while gasoline
futures rose 5.62 cents to $2.03 a
gallon.
In Chicago, agriculture


futures slumped as investors
shrugged aside generally bull-
ish fundamentals in the wheat
market and pocketed profits.
Wheat hit a record high of $7.12
a bushel on Tuesday, sparking a
bout of profit-taking. Corn and
soybean prices followed wheat
lower.
Strong export demand for
U.S. wheat has sustained that
market's rise as wheat crops
worldwide have suffered under
poor weather. Egypt, a major
importer, has become an espe-
cially large buyer of U.S. wheat
despite record-high prices.
"Worries continue about the
size and quality of the wheat
harvest throughout Europe,
with global wheat stocks already
very tight," said John Roach of
commodity brokerage Roach
Ag. Marketing Ltd., in a daily
note.








The4t ay


Test
of things we
think, say or do
1. Is it the TRUTH?
2.Is it FAIR to all
concerned?
3. Will it build
GOODWILL and
BETTER
FRIENDSHIPS?
4. Will it be
BENEFICIAL to
all concerned?
www.rotary.org


REPORT OF THE AUDITORS
To

The President of India,
1. We, the undersigned Auditors of State Bank of
India, appointed under Section 41(1) of the State
Bank of India Act, 1955, do hereby report to the
Central Government upon the Balance Sheet,
Profit & Loss Account and the Cash Flow
Statement of the Bank.
2. We have audited the attached Balance Sheet of
State Bank of India as at 31" March 2007, the Profit
& Loss Account and the Cash Flow Statement of
the Bank for the year ended on that date annexed
thereto. Incorporated in the said financial
statements are the accounts of:
i) The Central Office, fourteen Local Head
Offices, Corporate Accounts Group (Central),
Mid-Corporate Group (Central), Stressed
Assets Management Group (Central) and 42
(forty two) branches audited by us;
ii) 7,756 (Seven thousand seven hundred fifty six)
Indian Branches audited by other auditors;
iii) 30 (Thirty) Foreign Branches audited by the
local auditors; and
iv) 1,719 (One thousand seven hundred
nineteen) other Indian Branches, the un-
audited returns of which are certified by the
Branch Managers. These un-audited
branches account for 0.93% of advances,
2.78% of deposits, 0.57% of interest income
and 1.86% of interest expenses.
These financial statements are the responsibility
of the Bank's Management. Our responsibility is
to express an opinion on these financial statements
based on our audit.


3. We conducted our audit in accordance with the
auditing standards generally accepted in India.
Those standards require that we plan and
perform the audit to obtain reasonable assurance
about whether the financial statements are free
of material misstatement. An audit includes
examining, on a test basis, evidence supporting
the amounts and disclosures in the financial
statements. An audit also includes assessing the
accounting principles used and significant
estimates made by Management, as well as
evaluating the overall financial statement
presentation. We believe that our audit provides
a reasonable basis for our opinion.
4. The Balance Sheet and the Profit & Loss Account
have been drawn up in Forms 'A' and 'B'
respectively of the Third Schedule to the Banking
Regulation Act, 1949 and these give information
as required to be given by virtue of the provisions
of the State Bank of India Act, 1955 and
Regulations there under.
5. In our opinion and to the best of our information
and according to the explanations given to us and
as shown by the books of the Bank, subject to the
limitation of the audit indicated in paragraph 2
above, we report that:
(a) (i) the Balance Sheet, read with the Principal
Accounting Policies and the Notes on
Accounts, is a full and fair Balance
Sheet containing all the necessary
particulars and is properly drawn up so
as to exhibit a true and fair view of
the state of affairs of the Bank as at
31" March 2007;
(ii) the Profit and Loss Account, read with
the Principal Accounting Policies and
the Notes on Accounts, shows a true
balance of Profit for the year ended on
that date: and


BALANCE SHEET OF THE STATE BANK OF INDIA AS ON 31ST MARCH 2007
(ooo omitted)

CAPITAL AND LIABILITIES As on 31.3.2007 As on 31.3.2006
(Current Year) (Previous Year)

US $ US $

Capital 121,072 117,965
Reserves & Surplus 7,078,964 6,078,177
Deposits 100,188,887 85,183,471
Borrowings 9,133,502 6,867,924
Other Liabilities and Provisions 13,812,344 12,484,045

,TOTAL 130,334,769 110,731,582

ASSETS ... As on 31.3.2007 As on 31.3.2006
(Current Year) (Previous Year)

US $ US $

Cash and balances with Reserve Bank of India 6,688,849 4,853,234
Balances with banks and money at call & short notice 5,266,221 5,134,438
Investments 34,310,762 36,430,403
Advances 77,602,138 58,680,026
Fixed Assets 648,463 617,042
Other Assets 5,818,336 5,016,439

TOTAL 130,334,769 110,731,582

Contingent Liabilities 70,529,104 51.301,441
Bills for Collection -5,375,549 4,615,70:



PROFIT AND LOSS ACCOUNT OF THE STATE BANK OF INDIA FOR THE YEAR ENDED
31ST MARCH 2007
(00s omitted)
Year ended 31.3.2007 Year ended 31.3.2006
(Current Year) (Previous Year)


L INCOME
Interest earned
Other income


TOTAL


n. EXPENDITURE
Interest expended
Operating expenses
Provisions and contingencies


TOTAL


MI. PROFIT
Net Profit for the year
Profit brought forward
Transfer from General Reserve


TOTAL


APPROPRIATIONS
Transfer to Statutory Reserves
Transfer to Capital Reserve
Transfer to Revenue and Other Reserves
Dividend
Tax on Dividend
Balance carried over to Balance Sheet

TOTAL

Basic and dilutive Earnings per Share


US $ us s

9,084,662 8,064,456
1,327,179 1,666,525

10,411,841 9,730,981


5,391,493 4,570,312
2,719,926 2,628,062
1,255,723 1,544,896

9,367,142 8,743,270


1,044,699 987,711
78 76
664 -
1,045,441 987,787



772,513 657,576
9 25,826
74,534 115,997
169,500 165.150
28,807 23,162
78 76

1,045,441 987,787

1.98 1.88


The interested parties may obtain a copy of Annual Report from the bank
located at 201 Saffrey Square, Bank Lane, Nassau.
Phone: 326-2485, Fax: 326-3969


State Bank of India


Annual Report 2006-07


GN-554

MINISTRY OF HEALTH & SOCIAL
DEVELOPMENT


DEPARTMENT OF ENVIRONMENTAL
HEALTH SERVICE


GOVERNMENT NOTICE

Invitation for Tenders


The Government of the Bahamas is inviting tenders for the
necessary Operation and Maintenance of the Great Exuma
Regional Landfill.


Interested parties may obtain further information, including
eligibility to participate and may collect the bidding document
upon payment of a non-refundable fee of $100.00, as of Monday,
August 13th, 2007.


The Department of Environmental Health Services
Accounts Division
Farrington Road
Nassau, Bahamas

Telephone No: (242) 322-8037, Facsimile No: (242) 322-8073.
Between the hours of 9:00 a.m. and 5:00 p.m., Monday to
Friday.


The method of payment will be certified cheques or cash.
Tenders are to be submitted in triplicate (3) in a sealed
envelope(s) addressed to:


The Tenders Board
C/O The Financial Secretary
Ministry of Finance and Planning
Cecil V. Wallace Whitfield Centre
P.O. Box N-3017
Nassau, N.P.
The Bahamas

No later than 10th day of September, 2007.

Tenders will be opened at 10:00a.m. on the 11th September,
2007 at the office of the Tenders Board, Ministry of Finance
and Planning.


The Government reserves the right to reject any or all Tenders.









PAGE 14B, THURSDAY, AUGUST 16, 2007


THE TRIBUNE


COMICS E


ACROSS
9 Making do, I tear out the inside (8)
10 Attack to get money for dope (3)
11 Nothing but Yukl
Not carrying that' (6)
12 Pluck and make off with (6)
13 Really old (2,5)
14 Go off, giving you a shock (4)
15 Remember to tie the drunken marine
in with it (4,2,4)
17 Check the support that water got to
(8)
18 Having cooked the perch caught,
eats, cut in pieces (7)
19 Returning to a time zone (4)
21 It's a way, yes, to conceal
disinterest (6)
24 In being unselfish, is acting
improperly (10,7)
27 Pop back to catch the returned fish
napping (6)
29 Took off the emblem (4)
30 Pele's damaged the gable end and
Jack will repair it (7)
33 Not all the rest are off to the
country (8)
35 Do the same, showing you, too, have
a heart, perhaps (6,4)
36 See the light (4)
37 Order in a little more than you need
(3,4)
38 By golly, it's a boyl (6)
40 Get as far as"total" (4,2)
41 Lengthen the article about home? (3)
42 The cat wanders in and pug flies at,
misbehaving (6,2)


YESTkRDAY'S CRYPTIC SOLUTIONS
ACROSS: 1, AM-bit 6, RFn-al 9, S-
ample-r 10, Dr-O-op 11, Silly 12,
Masts 13, Faraday 15, Mum 17, 0-der
18, Lo-cat-e 19, Chain 20, T-high-s
22, Sign 24, Ye-t 25, DI-Stan-t 28,
Sprat 27, S-trip 28, Ja-MM-y 29, Une-
out 30, Write 31, Tansy
DOWN: 2, M-yriad 3, Isob-a-r 4, Tap
5, S-PR-ay 8, Festoon 7, Iris 8, All out
12, Maths (ma-thematic-s) 13, For-ty
14, Remit 15, Man-IA 16, Me-ant 18,
U-MI-t 19, Chap-pie 21, Hector 22,
Strata 23, Gnomes 25, Dates 26, Sl-
L-t 28, Jut


Tribune Comics
"_____ "


APARTMENT 3-G

OIV, THE STEPS OF THE 6TUi7
GA,1R/fLLA P4/SES A/,...-
GOP, KEEP LUANN SAFE, A
HELP ME REACH HER...r-


I OPTED FOR
THE $q9. qq
DELUXE MODEL


-C


TIGER

Vou 0 -'O PAVCAtAW-
1 HeF t-lTMAKE
''oU A669SEStVI.
POsT? s i 7.


AP00 o 3OST-
"IqHA-rr ![i.,/


DOWN
1 Allowed to alight, declined (7,3)
2 Tolerable -just (4)
3 How far your aloofness
got you? (8)
4 In the little taste I had, found to be
bland (7)
5 When you're old enough to develop
motivation? (3,2,6)
6 It's owing, but he's not badly
overdue (2,3,5)
7 Has to get back again, we gather (6)
8 Quickly, being rather intelligent (8)
10 Thought "A muttonhead and old" (5)
16 Book, though it's a
formality (7)
20 Calls for some means of identifying
the birds (5)
22 "Anyhow, sage," the man put in, "is an
evergreen" (7)
23 After a warning, do they attack as
forecast? (5,6)
25 Show to be a previous job (10)
26 Answering questions in the form
about gaining weight? (7,3)
28 A potential killer's in prison running a
business (8)
31 They'rejust what I had
in mind (8)
32 A man hellbent on getting into the
plant (7)
34 This one or that one or the one in
there folded (6)
35 Establish to have been the
locater of (5)
39 Admits the dresses are topless (4)

YESTERDAY'S EASY SOLUTIONS
ACROSS: 1, Manor 6, React 9,
Refuted 10, Broad .11, Signs 12, Slept
13, Accepts 15, Boa 17, Ward 18,
String 19, Grate 20, Report 22, Corn
24, Eve 25, Baronet 26, Carol 27,
Ocean 28, Apron 29, Replace 30,
Asked 31, Erred
DOWN: 2, Africa 3, Orated 4, Red 5
Pulls 6, Respite 7, Edit 8, Canton 12
Start 13, Aware 14, Crepe 15, Bisoi
16, Agent 18, Steal 19, Groaned 21,
Evicts 22, Copper 23, Remote 25,
Boils 26, Care 28. Ace


Dennis )I ( Calvin & Hobbes )


'I P0NT KNOW /OW MR. WILSON WILL GET
ALONG WHILE WE'REAWAY ON VACATION."


South dealer.
North-South vulnerable.
NORTH
+643
V 3
*AKQ7
Q 109 52


WEST
+Q 1097
VJ 109 8
*J65
*K3


EAST
4 -
VKQ42
* 109832
4A874


SOUTH
+AKJ852
TA765
+4
+J6
The bidding:
South West North East
14 Pass 2 + Pass
2 V Pass 2 NT Pass
44 Pass 5 4 Pass
64
Opening lead-jack of hearts.
This extraordinary deal was
played in the match between Poland
and Iceland in the 1963 European
Championship.
When the Polish team held the
North-South cards, the bidding went
as shown. Obviously, something
went drastically wrong with the bid-
ding, since the Poles got to a slam
with two club losers plus the possi-
bility of losing one or two trump


I I AWK WM-L NEK- ?W

(BCc hwE<7LL^%


tricks.
But the sun shone brightly on the
South Pole that day, and he made the
slam anyway! West led the jack of
hearts, and a few moments later,
South had 12 tricks safely tucked
away.
He won the heart lead with the
ace, ruffed a heart and cashed the A-
K-Q of diamonds, discarding the J-6
of clubs. He then ruffed a club, a
heart, a club and his last heart.
By this time, nine tricks had been
played, and South had won them all.
The lead was in dummy, and South's
last four cards were the A-K-J-8 of
spades, while West was down to the
Q-10-9-7 of spades.
Declarer led a club from dummy
and ruffed with the eight. West over-
ruffed with the nine but had to sur-
render the last three tricks!
Strangely enough, even four
spades could have been stopped had
West been sufficiently inspired to
start off with the king and another
club. A club continuation by East
would then have settled South's
hash.
The Poles finished third that year
out of the 18 countries entered in the
event. Had they had a few more
hands like this one, they might even
have won the European Champi-
onship.


I T~~AREI


HOW many words of
four letters or more II
can you make from Y S V
the letters shown
here? In making a
word, each letter may
be used once only C 0
Each must contain the ---
centre letter and there
must be at least one
nine-letter word. No | |
plurals or verb forms
ending in "s", no words with initial capitals and no
words with a hyphen or apostrophe permitted.
The first word of a phrase is permitted (e.g. InkJet
in inkjet printer).

TODAY'S TARGET
Good 19; very good 28; excellent 37 (or more).
Solution tomorrow.


1 2 3 4 5 6 7 B
9 10 11 1

12 13i l 14


- 16 117

1819 20 21 22

24 25 26

2728 29 3 31
32
3334 35

3637 38 39

4041 42


ACROSS
9 Demote (8)
10 Make mistakes (3)
11 Set of clothes (6)
12 Unquestionable
truth (6)
13 Ground(7)
14 Pi9's grunt 4)
15 Without fail (10)
17 Unnecessary(8)
18 Cyclone (7)
19 Bill of tare (4)
21 Destructive
insect (6)
24 Alsatian (6,8,3)
27 Small cupboard (6)
29 Male voice (4)
30 European
language (7)
33 Blood vessels (8)
35 Cut of beef (10)
36 Employs (4)
37 Say in
passing (7)
38 Voles in (6)
40 Sulky, morose (6)
41 Label (3)
42 Permanent (8)


DOWN
1 Soon (6,4)
2 Shed tears (4)
3 Convict (8)
4 Pagan (7)
5 Type of
battleship (11)
6 Adviser (10)
7 Saunter (6)
8 Piano players (8)
10 Premature (5)
16 Disregards (7)
20 Happening (5)
22 Hugs (7)
23 Kill a political
figure (11)
25 Accomplishment (10)
26 Area for
spectators (10)
28 Delphinium (8)
31 Decompression
sickness (3,5)
32 Face cloth (7)
34 By far (6)
35 Sharp tingling
pain (5)
39 Hearing organs (4)


____________________________________________________________________________ a


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THURSDAY,
AUGUST 16


ARIES Mar 21/Apr 20
Roll up your sleeves, Aries, because
you have a lot of work to do this
week. An argument has you left with
some big fences to mend. Expect
some long hours of labor.
TAURUS Apr 21/May 21
Something unexpected pops up on
Thursday, Taurus, causing you to
rethink a few courses of action.
Invite Capricorn to help you create a
new agenda.
GEMINI May 22/Jun 21
There's something bothering you,
Gemini, but you're not ready to
open up to others. The longer you
keep these feelings bottled up, the
worse you will feel.
CANCER Jun 22/Jul 22
Help is on the way when you land in
a bit of hot water, Cancer. It wasn't
your fault, but you're paying the
price for the deed. Don't worry, oth-
ers won't blame you.
LEO Jul 23/Aug 23
They say honesty is the best policy,
and nothing could be more true as
events play out for you this week,
Leo. When faced with some ques-
tions, make sure to tell the truth.
VIRGO Aug 24/Sept 22
Contrary to what you may believe, the
world is not out to get you, Virgo. The
events that have been occuring are
strictly the result of your actions.
Change your way of thinking.
LIBRA Sept 23/Oct 23
There's no security in a venture you
have been considering, Libra. You'd
better think of a new plan or you could
end up in financial ruin. Talk to others
you can trust for advice.
SCORPIO Oct 24/Nov 22
It's time to confront a supervisor
about your feelings, Scorpio. Things
haven't been the best at work, and
perhaps you can both come to a
mutual decision on a change.
SAGITTARIUS Nov 23/Dec 21
Naysayers feel you won't be: able to
handle a big task coming up,
Sagittarius. But you know better.
Prove them all wrong by diving in
whole-heartedly this week.
CAPRICORN Dec 22/Jan 20
There's not much on the calendar for
this week, Capricorn, so take a few
days to recoup. Though you'll be
tempted to find busy-work, relaxation
is just what you need, so resist.
AQUARIUS Jan 21/Feb 18
You've been itching for a change of
scenery, Aquarius, and your wishes
will be granted when a real estate
Venture is too good to be true.
Luckily, it's all legitimate.
PISCES Feb 19/Mar 20
Only you can map out your future, so
start today with a few well-thought-
out business ventures that will add to
'your retirement fund.


Alexei Dreev v Eric Moskow.
Gausdal 2007. American
Moskow has his own idea of
chess heaven. Having amassed a
fortune in business, he decided
to retire early and try to secure
the prestige international
master title in his fifties. So he
provides sponsorship backing
for Norway's annual master
tournament at the small ski
town of Gausdal with a
proviso-Moskow gets one of the
10 invitations. It's tough playing
at such a level when your own
rating is some 300 points below
the competition, but the feisty
New Yorker had his moment of
glory at Gausdal 2006 when he
downed former Soviet
grandmaster Oleg Romanishin.
This year it went less well, just a
couple of draws, and the most
memorable moment was a
defeat in today's diagram.


Highly ranked Russian GM Dreev
has a strong attack, which
Moskow has countered by his last
turn Bh6 menacing White's d2
queen. It turned out this was just
what Dreev was angling for. After
his next turn, Moscow resigned.
What was White's knock-out blow,
iand why did Black concede defeat? -
LEONARD BARDEN


Chess solution 8412:1 BxiG;! Resiins. If Bxd) 2 Rxh5*
when if Rh6 3 Rghl followed by Rxhi, lRh84 .ind Rxlih
mate I 2 K(8 3 RhlItl ,iii followed by Rhi'


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THE TRIBUNE


PAGE 16B, THURSDAY, AUGUST 16, ',J)7


Two years after Katrina, some small


businesses have detailed disaster plans


NEW YORK (AP) The
disaster preparation plan at the
Ralph Brennan Restaurant
Group was two pages long in
2005, before Hurricane Katri-
na struck, and dealt mostly with
how to use sandbags and ply-
wood to protect a building.
Now, the New Orleans restau-
rant operator has a 68-page
book that includes communica-
tions and technology plans,
according to Associated Press.
Many small businesses have
spent the past two years trying
to make themselves less vul-
nerable to hurricanes and other
disasters. Given the lessons of
Katrina and also Hurricanes
Rita and Wilma the same year,
many companies understand
that planning needs to be more
complex than once thought.
Charlee Williamson, the exec-
utive vice president of Ralph
Brennan, recalled about the
pre-Katrina disaster plan, "the
first line of it said, 'there is a
box of supplies in the closet.'
The plan was essentially a plan
to protect the physical plant of
restaurants."
It included sandbagging and
boarding up the windows of the
three restaurants and for man-
agers to take CDs with backed-
up data home with them.
"There was nothing in this two-
page document that contem-


plated the tl.igeCdl' of Kat- -
rina." Williamson said.
Two years later, the[.
company's plan is consid-
erably more comprehen-
sive.
"First and foremost,
there is an elaborate imple-
mentation schedule,"
Williamson said. "We
count the days until a
storm is projected to make
landfall when it's seven
days out, we're watching
that storm and we're start-
ing to mobilize and get
things ready."
With each day, there are
steps to be taken. For
example, if a projected
landfall is four days away, S
"we start running down
our inventory. We don't Hul
make any menu changes,"
Williamson said.
Like other New Orleans res-
idents and businesses,
Williamson's company discov-
ered that telecommunications
systems in the 504 area code
were so overloaded that com-
munication was impossible dur-
ing and after Katrina. Now, 10
of Ralph Brennan's top employ-
ees have cell phones from Ida-
ho's 208 area code. The com-
pany has also set up an online
message board so employees
can communicate, and there is a


OME of the devastation caused by
rricane Katrina
more comprehensive list of tele-
phone contacts for everyone
available online. The compa-
ny's sensitive data, including
documents like insurance poli-
cies, have been electronically
scanned and are now also acces-
sible online.
Although many small busi-
ness owners have realized the
need for disaster planning, there
are still many others who don't,
or who haven't gotten around to
putting a plan together. Com-
panies in areas vulnerable to


hurricanes and tornadoes
are often the ones who
sense the greatest exigency
about disaster planning,
but all small businesses
fires, vandalism and power
outages are other events
that can shut a business
down and even threaten its
existence.
Small businesses just
embarking on creating or
improving disaster pre-
paredness plans can find
information on the Inter-
net to help them determine
what they need in a plan. A
federal government Web
site, Ready Business, can
be found at
www.ready.gov/business,
and the U.S. Small Busi-
ness Administration has its
own site, www.sba.gov/beaware-
andprepare/business.html.
The Institute for Business &
Home Safety Web site includes
a section called Open for Busi-
ness that includes the kind of
things a small business should
consider in preparing for a dis-
aster. It can be found at
www.ibhs.org/business(under-
score)protection.
Thorp & Co., a Miami-based
public relations firm, also had
what now seems like a bare-
bones disaster plan.


"We used to have a plan that
mostly consisted of, 'Here's the
call tree. Call the person above
you and let them know you're
OK or if you need help,"
founder Patricia Thorp said.
But after Hurricane Wilma
struck two years ago, "we've
gone up a whole level in mag-
nitude."
Thorp said that after the
storm, she put a generator into
the cottage behind her home
and bought phones that don't
need electricity to work -
equipment she found to be crit-
ical because cell phones weren't
working after Wilma. She has
also signed up with an online
service that allows subscribers
to access their PCs remotely,
and all of the company's data,
including client lists and con-
tact numbers, is backed up with
a company in Chicago.
If at least some of the
employees are able to stay in
town, "we could get through for
days," she said.
Thorp has also been giving
disaster prep items as holiday
gifts to her staff: TVs that use
batteries or can be charged in a
car, heavy-duty lanterns and
refrigerators that can plug into a
car's electrical system.
"We've done a lot of work
the last two years," she said.
"We all take it much more seri-


ously than we used to we
never had a hurricane before
where you could just throw your
cell phone away because it was
unusable."
Fowler White Boggs
Banker, a law firm with eight
locations in Florida, from Fort
Lauderdale to Tallahassee and
Jacksonville, has plans to deal
with different levels of contin-
gencies. Chief information
officer Danny Rhinehart said
its first step was to reduce
some of the biggest risks posed
by a disaster for example,
centralizing all the firm's data
in a commercial data center,
and to be sure that none of the
eight offices is dependent on
the systems of any other
offices.
The firm also has installed
technology to improve commu-
nications before, during and
after a crisis, and has formulat-
ed plans to deal with any of its
offices being unusable for weeks
or longer, Rhinehart said.
Rhea Law, the president of
the firm, said Fowler White
"had been upgrading our disas-
ter plan starting about 4 years
ago, and we had some circum-
stances that really revealed our
various weaknesses."
The hurricanes of 2005 "cer-
tainly made us look at our plan
again." she said.


Paint


The


Town


Fr[e 3UNratm[0 Movemeanti


GRILL &


CHILL!!


FNM HEADQUARTERS

SATURDAY, AUGUST 18

12 until
Celebrate with MPs, Senators,
Party Officers & Your FNM Family


Worship@Cousin McPhee
Cathedral Carmichael Road
Sunday August 19, 3:30pm


Feel


Fire


IA


B


S)