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Permanent Link: http://ufdc.ufl.edu/UF00084249/03063
 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: 12/13/2007
 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
System ID: UF00084249:03063

Full Text







McRIB
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GOODNESS
HIGH 80F
LOW 70F


WINDY WIT
SHOWERS


The


Tribune


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BAHAMAS EDITION


Volume: 104 No.20 THURSDAY, DECEMBER 13, 2007 PRICE-705


ii


* By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net
PRIME Minister Hubert Ingra-
ham has expressed concern that
the Royal Bahamas Police Force
sometimes exhibits "reluctance"
to pursue allegations made against
public officials.
On Tuesday evening, Mr Ingra-
ham suggested in the House of
Assembly that his observation that
the Canadian police were "able to
deal" with such allegations was a
factor in his decision to send two
senior officers to spend a year gain-
ing exposure to their policing.
The prime minister made these
statements as he sought to respond
to what he called "some very ill
informed comments" about his
decision that assistant commis-
sioners Ellison Greenslade and
Marvin Dames, currently with


responsibility for crime and the
New Providence district respec-
tively, would be offered the oppor-
tunity to experience the Canadi-
SEE page 20


PM to attend Freeport Container
Port Phase V groundbreaking
* By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net
FREEPORT Prime Minister Hubert Ingraham will be in
Grand Bahama on Thursday morning for the official ground-
breaking of Phase V expansion at the Freeport Container Port.
Mr Ingraham is expected to speak at the ceremony which starts
at 10am. Grand Bahama Port Authority executives CEO Sir Albert
Miller and President Albert Gray are also expected to attend.
The FCP is a joint venture project between Hutchison Port
Holding, which is a subsidiary of Hutchison Whampoa Ltd of
Hong Kong, and the Grand Bahama Port Authority.
SEE page 19


SBy TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net
FORMER PLP minister of
housing Shane Gibson yesterday
defended his party's actions in
office amidst a flurry of criticism
on the current state of the Min-
istry of Housing.
During an interview with The
SEE page 20

Daniel Smith death inquest
adjourned until January
THE inquest into the death of Daniel Smith, son of the late Anna
Nicole Smith, was adjourned to January 28 next year.
Prosecutors have indicated that there has been some difficulty in get-
ting some of the foreign witnesses to appear at the inquest to give evi-
dence.
The inquest began in October following a six-month delay. The mat-
ter resumed before Magistrate William Campbell this week as prose-
cutors called several witnesses to the stand, including a local patholo-
gist and police officers who were involved in the investigation into
Smith's death.
Daniel died on September 10, 2006, while visiting his mother at Doc-
tors Hospital three days after she gave birth to her daughter Dan-
nielynn. This week local pathologist Dr Govinda Raju testified that
based on toxicology reports, Smith had died as a result of a lethal
combination of the drugs Methadone, Zoloft and Lexapro.


A FOURTH man charged
in connection with the shoot-
ing death of Samuel
"Mouche" McKenzie was
arraigned in Magistrate's
Court yesterday.
McKenzie, 35, who was out
on bail for murder, was
gunned down in broad day-
light on November 22 on Wil-
son Street, off Hay Street,
according to reports.
Marion Smith, 29, of Ava-
cado Street, Pinewood Gar-
dens, was arraigned before
Chief Magistrate Roger
Gumez at court one Bank
Lane yesterday afternoon in
connection with McKenzie's
murder. Police have charged
Smith, Dashino Wilson, 27,
Adrian Edgecombe, 31, and
Stephen Stubbs, 32, of Ridge-
land Park west with McKen-
zie's murder.
Police have also charged
the three men with conspir-
ing to attempt to murder
McKenzie, as well as attempt-
ing to murder and conspiring
to attempt to murder Keith
Woodside. Woodside. was
also wounded during the
shooting. Wilson, Edgecombe
and Stubbs were arraigned on
the charges last week.
Smith, who is represented
by lawyer Dion Smith, was not
required to plead to the
charges. He was remanded to
Her Majesty's Prison. The
case was adjourned to Janu-
ary 21. Prosecutors intend to
proceed with the matters by
way of a Voluntary Bill of
Indictment, which means that
the matters will go directly to
the Supreme Court.


Deputy PM denies
foreign mission
in Beijing closure
allegations
By PAUL G TURNQUEST
Tribune Staff Reporter
ptumquest@tribunemedia.net
DEPUTY Prime Minister
Brent Symonette denied accusa-
tions levelled against him by for-
mer foreign affairs minister Fred
Mitchell that he was attempting
to protect the financial interests of
his friends and allies by seeking to
sabotage the accessibility of the
Chinese market by closing the
S Bahamas' foreign mission in Bei-
jing.
On the contrary, said Mr
Symonette, the Ministry of For-
SEE page 20


Final witness
takes stand in
Pinewood case
U By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net
THE FINAL witness took the
stand yesterday, and another nar-
rowly missed being arrested, as
the testimony phase of the
Pinewood election court case end-
ed.
The morning session began
with PLP's chief counsel Philip
"Brave" Davis requesting that the
court use its "coercive powers"
to secure the attendance of Rick-
ey Dion Miller a voter being
challenged by the PLP who
again failed to appear before the
court.
SEE page 20

Parliamentary
pensions list
tabled by PM
in the House
PRIME Minister Ingraham
tabled a list of all parliamen-
tary pensions in the House of
Assembly on Tuesday. The list
was made up of 65 members
and contains the monthly and
yearly salaries of each pension-
er, along with the date pay-
ments began.
Currently, parliamentarians
contribute six per cent of their
salaries to pensions, and receive
pensions after serving for at
SEE page 19


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Ingraham: officers in

Bahamas can be reluctant

to pursue allegations

against public officials


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,,A Stonefish warning for



Iath AMIAIArI pilTnmsrD divers and swimmers


DIVERS and swimmers
alarmed by the invasion of
Bahamian waters by ven-
omous lionfish were yesterday
warned about a new menace
the potentially deadly
stonefish.
This creature carries more
poison than any other fish in
the world and releases it
through 13 stout spines in its
dorsal fin. It is believed to have
killed many islanders in the
Pacific and Indian oceans
before European migration
began.
The warning came yester-
day from Dr Dean Tsere-
topoulos, of Lyford Cay, who
said its presence posed an even
bigger danger than lionfish,
which are being sighted in
increasing numbers around the
Nassau shoreline.

Aquariums
Neither the lionfish nor
stonefish are native to the
Bahamas, but experts believe
they could be escaping from
aquariums, possibly in the
eastern United States. Others
say hurricanes have moved the
fish into "foreign" waters.
Dr Tseretopoulos said
stonefish were "of significant
concern" because their venom
was potentially lethal and
more toxic than that of lion-
fish. He said an anti-venom is
available from Australia,
where it flourishes in large
numbers.
The doctor's comments fol-


low growing concern among
divers and snorkellers about
the increasing numbers of
colourful lionfish around
Bahamian reefs.
He said he had recently
treated a patient who had been
"stuck" by one or other of the
venomous species, and had
written an article for Lyford
Cay residents highlighting the
dangers.
Someone swimming on the
southern end of Clifton Bay
Beach was stung on the toe on
October 28, and it was pre-
sumed a lionfish was responsi-
ble.
"It causes a very intense
pain that is described as more
painful than that from a
stingray," wrote the doctor.
"Blistering can also occur.
Rare fatalities have been
reported. The immediate treat-
ment would be to immerse the
affected tissue in hot water 42-
44 degrees Celsius for as long
as it takes to relieve the-pain.
"X-rays may need to be per-
formed to exclude the pres-
ence of an embedded spine.
Local anaesthesia may also be
necessary, as might antibiotics
and tetanus prophylaxis."
Dr Tseretopoulos added
that in no circumstances
should anyone try to pick up
or touch one of these fish, alive
or dead.
While the lionfish is highly
distinctive in appearance, with
beautiful flowing spines, the
stonefish is less conspicuous,
being well-camouflaged in a
reef environment.


I ,THEMLLAT
MAUITHON

Tel: 393-4043

Open tonight
until 9p.m.


In fact, they look like coral
or encrusted rocks, being
largely grey or brown in colour
with patches of red, yellow or
orange. They also bury them-
selves in sand, using their huge
pectoral fin to cover them-
selves.

Length
Though usually about 35
centimetres in length, they
have been known to reach 50
centimetres, living mainly on
rubble bottoms, or around
coral reefs.
.Like the lionfish, the stone-
fish is most prevalent in Indo-
Pacific waters, with a signifi-
cant concentration near Aus-
tralia, especially The Great
Barrier Reef.
Stonefish eat fish and crus-
tacea, striking with such speed
that only special cameras can
record them in action.








THE National Art
Gallery's reception office
in the annexe building has
been closed for renova-
tions.
The reception office and
staff have now been moved
to the second floor of the
main gallery building at the
top of the stairs to the left.
Other gallery spaces are
still open with the exhibi-
tion Bahamian Art: Pre-
Columbian to the Present is
still on view.
The gallery's telephone
numbers, as well as inter-
net/e-mail set-up, are in
transition. Answering calls
may be sporadic.
The gallery management -
has apologised for any
inconvenience.


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RadioShack
Harbour Bay Shoppinq Ctr Ma3l at Marathon
Terl 93.382 Tel J9.1,803


PAGE 2, THURSDAY, DECEMBER 13, 2007


rmrrr #rrr ~iqDsm


THE TRIBUNE


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0 In brief

Man to appear
In Freeport
court over
Grand Bahama's
14th homicide
A 26-vear-old male is set to
be arraigned in connection with
Grand Bahama's 14th homicide
- that of Julian Nicholls who
was killed on Friday, Decem-
ber 7.
The man will appear in the
Freeport magistrate's court at
9am tomorrow.
Mr Nicholls, 22, was the
country's 75th murder victim.
He was found alive, but with a
bullet lodged in his head on Fri-
day morning.
He was taken to Rand
Memorial Hospital and arrange-
ments were made to airlift him
to the Princess Margaret Hos-
pital, however he died at
12.05pm while those prepara-
tions were being made.

Film on Harry
Oakes to be
screened tonight
on Channel Four


Forecasters keep eye



on Olga amid reported



deaths in Caribbean


* By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net
NEARLY two weeks after
the end of the 2007 storm sea-
son newly formed Tropical
Storm Olga has reportedly
killed at least four people in the
Caribbean leaving deadly floods
and landslides in parts of Puer-
to Rico and the Dominican
Republic, the Associated Press
reports.
According to the National
Hurricane Centre in Miami,
Olga is the 10th storm in the
record books that has devel-
oped in the month of December
since record keeping began in
1851.
On Tuesday, tropical storm
warnings and watches were
issued for parts of Haiti, the
Dominican Republic, the south-
eastern Bahamas and the Turks
and Caicos islands. Up to press
time on Wednesday Olga was
moving at 20 miles per hour
with maximuni sustained winds
of 40 miles per hour.
Accuweather forecasters pre-
dict Olga will pass south of The
Bahamas while southeast
islands such as Long Island may
experience storm effects.
New Providence may also
experience gusty winds and


enhanced rains as a result and
possibly one to two inches of
rainfall over the next two days.
Two to four inches of rain is
expected over eastern Cuba.
"It's a minimal tropical storm,
we do expect it to weaken and
most likely Olga will be down-
graded to a tropical depression
(on Thursday)," an Accuweath-
er meteorologist told The Tri-
bune yesterday.
At 1 pm Wednesday, the cen-
tre of tropical storm Olga was
about 85 miles or 135 kilome-
tres southwest of Guantanamo,
Cuba. Olga is expected to trav-
el south of ('uba towards thlie
western/northwestern Balhamas
and end up in the Yucatan by
mid-Friday, forecasters said.
As the region deals with the
damage wreaked by this newly
formed cyclone, residents in
family islands most devastated
by the passing of Tropical
Storm Noel in late October are
struggling to return to a; normal
life.
Cat Island, Exuma, and Long
Island were the most affected
by Noel which caused power
outages, created water short-
ages and heavy flooding in its
wake.
Crystal Glinton. First Assis-
tant Secretary at NEMA told
The Tribune yesterday that as


the mass flooding has subsided,
persons left with damage to
homes, crops, and vehicles have
a government avenue for assis-
tance. To assist flood victims, a
Declaration of Exigency has
been issued by the Ministry of
Finance for the urgent needs of
goods specified. Under the dec-
laration between November 15,
2007 and March 31 2008, qual-
ified persons are able to import
the following items duty free:
building materials, electri-
cal fixtures and materials,
plumbing materials, household
furniture and appliances
supplies for the recon-
struction and repair to green
houses, poultry houses, to repair
irrigation systems, items for the
re-establishment of nursery
stocks, and items required for
fencing
fishery equipment such as
galvanized sheeting and other
materials used in the construc-
tion of fishing habitats, fishing
boats, gear and apparatus.
motor vehicles, motorcy-
cles and golf carts.
Family islands eligible under
this declaration are Acklins, Cat
Island, Crooked, Eleuthera,
Exuma, Long Cay, Long Island,
Rum Cay and San Salvador.
"All persons on those affect-
ed islands are entitled to apply


Mortician confident of beating off


PEOPLE evacuate from the rising waters of the Yaque River
caused by Tropical Storm Olga in Santiago de los Caballeros,
Dominican Republic, yesterday.


once they're qualified. We want
persons to apply (now) because
there is a short window of time
- up until March to apply."
Eligible persons can apply
through applications which are
verified by island administra-


tors who will forward the forms
to the relevant agencies for
approval.
Any reported misuse or
abuse, such as re-selling of the
goods imported will lead to
seizure of the items, she added.


Fabulous Christmas

Shopping at

UISON DECOR


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--


MURDER MYSTERY: Sir Harry
Oakes.
A DRAMA documentary
about the Sir Harry Oakes mur-
der case in Nassau is about to
get its second showing on
Britain's Channel Four televi-
sion.
The film, much of it shot in
Nassau last year, will be
screened tonight to an audience
expected to top two million.
Producer Matthew Wortman,
who jokingly refers to the film
as a "down and dirty low-bud-
get drama documentary", told
The Tribune: "It's done sur-
prisingly well. The programme
reveals compelling new evi-
dence on what's been described
aPs the greatest murder mystery
of all time."
Wortman and his film crew
spent a week in Nassau during
September, 2006, interviewing
local figures with knowledge of
the case.
When it was first shown a
year ago, it attracted a very
good audience by Channel Four
standards. Sir Harry Oakes, a
multi-millionaire former gold
prospector, was murdered at his
home, Westbourne, on West
Bay Street, in July, 1943.
His son-in-law, Count Alfred
de Marigny, was later tried for
his murder and acquitted.
The case remains unsolved to
the present day.




All persons who attend-
ed Selma University are
asked to send their con-
tact information to cfer-
gi@coralwave.com or
call 324-2436 as soon as
possible. A scholarship
and other items are
being planned for 2008.







Share

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The Tribune wants to hear
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Perhaps sou are raising funds
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or have won an award. If so,
call us on 322-1986 and share
your story.


competition for stand-up poses
A NASSAU mortician claims scenes. It all depends what the early, you ha\ e to have re
he can beat off all-comers in his customer wants. It's not for embalming and the re
bid to make sit-up and stand-up everyone because it doesn't fit arts. It is an art and
poses a new trend at public view- everyone. But at least people Many morticians don
ings. know there is someone here in where to start when thi
Ted Sweeting, the man whose the Bahamas who can do it." the preparation room."
unusual pre-funeral presentation Mr Sweeting said that in future He said his "stand-t
of designer Harl Taylor caused a he might have to charge a little through" would come
furore last week, is determined to more for "special" displays occasion demanded it
make "outside the box" displays because they take more time. do anything without I
of bodies a growing trend. "I have had positive con- said.
And he says several.people ments. even Irom those who hadil "No-one thought of t
have already sfiowq an iiterest.in put me on the backburner. I had thing like this until I did
his enterprising methods since to pull a rabbit out of the hat to history in the makir
Mr Taylor was displayed sitting get back on top and I did it," lie Bahamas because I an
at a table surrounded by flowers added. of all morticians from
for his public viewing. "To do this kind of thing prop- to do it."
When he heard that another
mortician was planning to
upstage him by using.a stand-up
pose, he said: "They can't even
lay off bodies properly, so how
are they going to make them
stand up'?"
He said only properly trained CtM k s ui sheda
morticians who had gone r to gBS i tt re ads, uI
through a US apprenticeship
would have the skills to show Frlr iF
bodies in a sit-up or stahd-up City*Mark's ** i f ra
pose.
"This kind of thing comes with cn i ne-,auel U
age and experience. They see it
but they don't know how it's
done. They are clamouring their
mouths because they hate to see a
me take the glory."
Mr Sweeting's Colonial Mor- Sunny
tuary in Blue Hill Road was the
focus of intense media activity
,last week when more than 3,(XX) N. ,OW- -'_l 11E
Bahamians trekked through his a on
premises to see Mr Taylor. anul-a"
"I can do it because I have the
skill," he told The Tribune, "I
am prepared to do freemasons MONT
in full regalia, servicemen in full Village Road Near Shirley Street, I 'l
uniform, motor-cyclists on their Tel: 394-0323/5 OR 394-1377 r. '_''-'' Li'
motor-cycles and many other


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THURSDAY, DECEMBER 13, 2007, PAGE 3


THE TRIBUNE


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PAE HUSDYDEEMER13 207THDTIBN


The Tribune Limited
NULLIUS ADDICTS JURARE IN VERBA MAGISTRI
Being Bound to Swear to The Dogmas of No Master

LEON E. H. DUPUCH, Publisher/Editor 1903-1914

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

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

TELEPHONES
Switchboard (News, Circulation and Advertising) 322-1986
Advertising Manager (242) 502-2352
Circulation Department (242) 502-2387
Nassau Fax: (242) 328-2398
Freeport, Grand Bahama: 1-(242)-352-6608
Freeport fax: (242) 352-9348


Bahamas adding to global warming


AT THE dawn of the fourteenth century a
new spirit was stirring in Italy it was a spir-
it that was to awaken a renaissance in Man
and give him new prominence in a universe
filled with mystery and challenge.
Scholars have described the Italy of that
period as a kind of "petri" dish for the devel-
opment of culture. It was an age when Man
was coming into his own. Humanists were
nudging the God-centred Middle Ages into
the background. Secular education produced
the men needed to manage the mercantile
and political world of the Mediterranean.
Artists, writers, linguists, scientists and traders
flourished and left their indelible stamp on
this peninsula that jutted like a heeled boot
into the Mediterranean. Suddenly men of the
Renaissance became aware that the world
was theirs and with a bit of wit they could
fashion it to their will.
Over the centuries, as this spirit gradually
embraced other continents and encircled the
globe, Man not only triumphed against great
odds, but also presided over many tremen-
dous failures changing the course of histo-
ry and propelling it in many disastrous direc-
tions by cataclysmic misjudgments. Man in
our lifetime has ventured to the moon, left his
footprints there and returned triumphant to
Mother Earth.
However, in all of this apparent brilliance
and human power, he was not smart enough
to understand the delicate balance of a uni-
verse that had nurtured him and permitted
him to stride over it like a colossus.
It is now payback time. And the Earth is
reacting with a destructive vengeance to cen-
turies of human abuse.
Global warming, dismissed by many as a
figment of the overheated brain of some sci-
entists, has now been accepted as an
irrefutable reality. A reality that we ignore at
our peril. It is now acknowledged that Man is
the main culprit and architect of his own
destruction.
He either has to mend his ways, or an
angry Nature will destroy him.
In Japan giant jellyfish -6ft 7 inches in
diameter and weighing 440 lbs suffocated
by pollution and over fishing in the Sea of
Japan have uprooted themselves from the
bottom of the ocean, and floated to the sur-
face. They now wreak havoc on Japan's fish-
ing industry by destroying fishermen's nets
and crushing the fish. Instead of anchovies,
salmon and yellowtail in their nets, these nets
are weighed down with jelly fish.
The Japanese decided to chop them up
and throw them back into the ocean only to


find to their horror that they were multiplying.
It was recently discovered that every piece
chopped off the whole can regenerate itself
and produce thousands upon thousands more
jellyfish.
Here in the Bahamas we have been inun-
dated with a stranger to our waters. The
predatory Lionfish from the Pacific, which
has no natural predator in the Atlantic. These
fish threaten our marine resources, especial-
ly juvenile fish, lobster and crabs. They could
deal a mortal blow to our fishing industry.
Bahamian fishermen have been encouraged to
spear them.
Coral reefs in the Caribbean are dying and
reefs around the Bahamas are threatened-
again by pollution, overfishing and warming
seas. Parrot fish are crucial to maintaining
healthy reefs. They feed on the seaweed and
algae, which, if left unchecked, will destroy
the reefs. They should be protected.
The UN's Human Development Index has
predicted that an increase of one metre in
the sea level would permanently submerge
about 11 per cent of the land area of the
Bahamas.
Bahamians have gone about their business
as though the little they contribute to global
warming would be so minuscule that a change
in their way of life would do little to help the
situation. Pollution, they reasoned, was the
fault of the industrialized nations and it was
their scientists who had to come up with the
solutions.
However, Bahamians were brought up
short a few weeks ago when the UN in its
2007/2008 Human Development report
announced that if all countries were to emit
carbon dioxide at levels similar to the
Bahamas, the world would exceed its current
C02 output by over 200 per cent. Although
small in geographic size the Bahamas' emis-
sion levels per capital are above those of all
other Latin American and Caribbean coun-
tries with similar population size.
And so we are digging our own watery
graves. But what are we going to do about it?
Are we going to continue to be the ostrich -
tail feathers exposed to a mocking world with
head buried deep in the hot sand?
It's little wonder that our carbon dioxide
levels are the highest in the region. -This small
island 21 miles long by seven miles wide -
has 119,404 registered vehicles on the road.
And to judge from the daily traffic jams, it
would seem that they are all in use adding to
the morning and evening traffic gridlock -
and frustrating citizens getting to and from
home and work.


FSA U11,TFI AY


( ) 1?. I Y!


Confessing





political sins


EDITOR, The Tribune.

MR RAYNARD RIGBY,
did what none of the PLP
members of parliament were
able to gather the guts to do
and that is confessing their
political sins.
Mr Rigby, even though he
made many blunders, "talk-
ing fool", sacrificing his own
integrity to save a dying party,
was man enough to make
amends to the Bahamian peo-
ple by distancing himself from
the childishness of his party.
He obviously does not want
to be grouped with the likes of
Fred Mitchell, Alfred Gray,
Shane Gibson, Allyson Gib-
son, Vincent Peet, Bradley
Roberts and, of course, Perry
Gladstone Christie.
Mr Rigby let it all hang out,
by admitting that the PLP was
really not operating in the best
interest of the Bahamian peo-
ple. He stopped short of con-
demning the PLP for chal-
lenging the Pinewood, Marco
City and Blue Hills election
results.
Even Mr Rigby, who not
long ago was willing to
become a martyr for the PLP,
knows that the depths to
which the PLP has sunk since
experiencing the humiliating
defeat at the polls, is not set-
tling with Bahamians. In fact it
is downright embarrassing and
humiliating for PLP who cher-
ish the rich legacy to be wit-.
nessing their party on "the last
mile of the way". Of course
today's PLP does precious lit-
tle to resemble the PLP of the
late 60s.
Maybe before Mr Rigby
completes his time in office as
chairman, he would be able
to convince the remaining
members of the PLP leader-
ship that corruption that
seems to follow some of them
wherever they go, is not the
most attractive to be attached
to any organisation, let alone a
political party.
Maybe Mr Rigby could con-
vince Dr B J Nottage to stop
worrying about what the FNM
has or will find that would fur-
ther bury the PLP. He should
be more concerned who might
"back stab" him this time at
the next convention, presum-
ably in February of next year.
Finally Mr Rigby would
redeem himself if he com-
pletely exposed the same peo-
ple who he defended, even
though his conscience both-


ered him so much while he
was doing it, then and only
then would he find peace with
himself.
Unfortunately, the modus
operandi of the PLP is to
ignore things that bring people
together.
We do not expect the lead-
ership of the PLP in place
today to see any difference in
the behaviour. It is just not in
them to stop the low class divi-
sive approach that must have
been employed by the PLP.


The negative press by certain
members of the PLP cannot
bear good fruit.
Finally, Mr Rigby would
really redeem himself if he
publicly condemned the veiled
threat on the Prime Minister
of the Bahamas Hubert
Alexander Ingraham that
appeared on a website sym-
pathetic to the PLP and
alleged by many to be a
mouthpiece of Fred Mitchell,
otherwise we would all know
that he is not sincere in what
he is now saying.

IVOINE W INGRAHAM
Nassau,
December, 2007.


Stop harassing law


abiding citizens

EDITOR, The Tribune.
I JUST left the City Markets Food Store located in the Shopping
Mall on East Street South.
The manager was very nice and helpful towards me before I
started to shop in the City Markets Food Store. I went through the
store and picked up a few items. I was well dressed in a smart
grey suit since I am an attorney. I was amazed that towards the end
of my shopping that each aisle I went through I noticed that the
security was following me.
I then went to pay for the items. After I paid the cashier who is
not used to the new cashing machines she did not give me a receipt
since she said the machine did not print one. I insisted that I need-
ed a receipt and then I had to wait for about five minutes for
another person to write up a receipt and the poor manager had to
come and sign and stamp the receipt.
I must state that it is not appropriate for the security guard to
waste time following persons like myself after a glance through the
aisle or after the one time following me through the aisle he could
have seen that I was a law-abiding citizen. I witness criminal types
go into that same store who harass and beg persons for money and
let me tell you I do not see any security guard following them and
telling them to stop. Why do these people waste time harassing law-
abiding shoppers while the other real criminals go scott free to
harass more persons like me in the stores?
Also those cashiers who have received the new cash registers
should have trained persons supervising them so that they would
stop taking so long to cash or being unable to print a simple receipt.
It is time they get tlfeir act together. If you shop at night you do not
need the inconvenience of a cashier operating a machine she does
not know how to operate and you certainly do not need a security
guard harassing you when all you want to do is get out of the store
after shopping and paying and going home.
I am sorely disappointed in these persons and I must extend
congratulations to the manager who saved the day for me. He was
the only one who seemed to know what he was doing tonight.
Tell those security guards to stop harassing law-abiding citizens and
catch the real criminals walking through the stores begging and
harassing shoppers and train those cashiers or let them be super-
vised when cashing. I love shopping at City Markets but these
changes have to be made urgently.
SHOPPING USED TO BE A PLEASURE
Nassau,
December 5, 2007.


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PAGE 4, THURSDAY, DECEMBER 13, 2007


THE TRIBUNE










LC N


Some Starbucks Harbour Bay




customers fall prey to robbers


Actress Naomie
Harris honoured
THERE were no dull
moments at the first Rising Star
Tribute held as part of the fourth
annual Bahamas International
Film Festival at the Aura Night
Club in Atlantis, Paradise Island,
on Tuesday night.
The Ansbacher-sponsored
event brought together film
makers. producers, writers, TV
personalities both local and
international to pay tribute to
actress Naomie Harris.
Patrons were given red car-
pet and VIP treatment with
access to an open bar. seafood
hours d'ncuvres while rubbing
shoulders with the star.
With much enthusiasm, man-
agino director of Ansbacher
Bahamas. Michael Mavhew-
Arnold gave a brief synopsis of
Hat ris" career and her journey to
stardom before presenting her
with the Rising Star Award.
Leslie Vanderpool, founder
and executive director of the
BIFF, speaking at the Tribute,
praised Harris and congratulated
her on her success as an actress.
"Naomic is a product of the
Caribbean, her parents are from
Jamaica, therefore it is only fit-
ling to present her with the
Bahamas International Film Fes-
tival's First Rising Star Tribute
Award, "she said.
Upon receiving her award
Harris remarked: "When I made
After the Sunset' here in Nas-
sau, four years ago, I never
thought I. would be back here
again. To be back here again and
to be receiving an award like
!his it really does mean the
wek' I !o mn to have my work
r-ec, iized in this wav and also
because I'm a product of the
islands- both my parents are
from the aribbean.
"The Bahamas is like my sec-
ond home I spent a lot of
time hi,'r. four months making
.lfter the Sunset'. and eight
nionth' making 'Pirates of the
L ari1" ,n'. The warmth of the
. if. here. the hospitality, the
dii:dcl'ss. the generosity and the
J.1nii\ as ,well has really touched
me., and informed my perfor-
mance. so to receive this award
here is incredibly fitting and I
am so incredibly grateful."
To the objective of the festi-
val Harris said: "It's so wonder-
ful to have a festival like this
that celebrates all talents and all
kinds of films from all around
the world. I see this award as a
challenge to do more and get
better and continue to work with
great film makers as well as the'
ones that are here tonight."



Pes Control


32 2-..., -.-
t^A~~t~c, ,_ .*W.;,- 'Cj


* By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

PATRONS of Starbucks in
Harbour Bay are concerned
that the cafe has become a
"crime hotspot" after some
fell prey to robbers while
using the coffee shop.
At least three customers in
the last two months have had
their property stolen as they
sat on the outside patio area
of the popular coffee shop,
adjacent to the car park.
Two victims have described
a man grabbing their bag and
then disappearing around the
corner on to the alleyway
that runs behind Starbucks
and KFC near the border of
the shopping plaza.
According to one account,
a man jumped over the pot-
ted bushes that border the
patio area, and took her
handbag. "It all took about
five seconds," said the vic-
tim, who added that she was
informed it had happened to
another woman in the same
spot a week earlier.
In this instance, a security
guard reportedly informed
the victim that he believes
there are people "watching"
customers who sit in the out-
side area to drink their cof-
fee.
"They also think it is a


gang that parks behind the
wall, behind KFC the guy
snatches the bag and then
jumps in the car, so there's
no chance of recovering even
the bag," said the victim.
In an account sent to The
Tribune just over a month
earlier, another victim
described how a man "snuck
up, took my bag and ran to
the alley behind Starbucks.
He was chased through the
alley by other persons on the
terrace, but escaped into a
vehicle waiting in the alley."
That vehicle had dark-tint-
ed windows and the licence
plates were obscured.
"When this happened, it
was not dark.as yet. Neither


String of robberies


off Bernard Road

IN the past week there has been a string of robberies in
Bowe's Cove. off Bernard Road. where three apartments were
broken into.
"They kicked in the burglar bars and went through the win-
dow," said concerned neighbour Pauline Malakius.
Also,. according to Ms Malakius, the perpetrators destroyed
the locks on the back door of one of the apartments to gain
access.
At another apartment they went through the front door.
removing the locks and kicking the security screen in.
These robberies occurred during the day. There were no
reported eye-witnesses to these crimes. Items stolen from the
homes included jewellery and small appliances.
The value of these items collectively is not known. However
it is believed to be substantial.
Furthermore, by assessing the type of items stolen, it is sug-
gested that the thieves were not travelling by automobile.
It is believed that the thieves work in a group of about four
people and may be residents of the area or very familiar with the
area.
Ms Malakius says she believes that the thieves had probably
been observing the comings and goings of the residents of those
apartments for quite some time.
Residents are encouraged to take extra precautions and bol-
ster the protection, of their homes. This is the time of the year
that robberies are at a peak.
In addition, if persons know of a crime.or anyone who is a vic-
tim of such crimes, they are encouraged to report them to the
police.


IVC



was the area isolated; there
were a number of other per-
sons sitting outside when this
happened," said the victim.
Again, the woman report-
ed being informed that this
was "not the first incident"
to have occurred at the cafe.
Both victims warned oth-
ers to be more cautious in
light of their experiences,
with one pointing out that,
as a regular patron. of the
cafe, she knows that staff
"are not warning people",
though if they had she would
have "certainly heeded" their
advice and taken greater
care.
Yesterday. Theodore
Cooper, manager at the
branch confirmed that there
have been robberies at the
store. He said that in view of
these. Harbour Bay security
"beefed up" their presence
in the area around Starbucks
in particular. He added that
the branch is taking other
measures to "secure the
property," but did not wish
to elaborate on these. He
said that Wulff road police
had been made aware of the
incidents.
In response to the sugges-
tion that Starbucks should
perhaps warn its clientele of


the possibility of having their
property snatched whilst they
enjoy their coffee on the
patio, Mr Cooper said that
he would not want to "run
people away", and claimed
that rather than do this the
store has chosen to improve


security.
He added: "You can get
robbed anywhere in this town
now. You could walk out of
your house, out of church
(and get robbed). Sometimes
people don't recognize things
until it happens to them."


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THURSDAY, DECEMBER 13, 2007, PAGE 5


i HE TRIBUNE


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ABOVE: Supt. Dean and Rev. Israel Rolle, President of the Nassau Vil-
lage Neighborhood Crime Watch Group, sign a contract of police-citi-
zen cooperation for the safety of the community.


LEFT: Pictured with the leaders of the eight crime watch groups in the
front row are (from left to right) Supt. Stephen Dean, commanding officer
of the Southeastern Division, Garden Hills MP Brensil Rolle, Education
Minister Carl Bethel, and Assistant Commissioner of Police Marvin Dames.

RBPF Southeastern Division make historic


Crime Watch Associations contract signing


THE Southeastern Division
of the Royal B'ahamas Police
Force made history on Thurs-
day, December 6th, with the
official launch of the Neigh-
bourhood Crime Watch Asso-
ciation programme at the
Southland Church of God, on
Soldier Road.
Leaders from eight Neigh-
bourhood Crime Watch Asso-
ciations across the Southeast-
ern Division attended the cer-
emonial signing of contracts
between the police and the
community associations.
The goals of this contrac-
tual agreement are:
To set goals and condi-
tions for the safety of the
community;
To reduce crime and the
perception of criminal activi-
ty in the Southeastern Divi-
sion.


Encourage the neigh-
.hours, the businesses, -t-he-
churches and the police to
work to create open commu-
nication and understanding;
Discourage street drink-
ing, suspected drug dealing
and drug use;
Encourage and assist the
Southeastern Division in
establishing a greater police
presence, including regular
foot and/or bicycle patrols in
the Southeastern Division.

Support
Lending support to the pro-
gramme was Education Min-
ister Carl W. Bethel who said
he was overjoyed to see that
five of the Neighbourhood
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constituency and pledged his
personal support and that of
the government. Also Garden
Hills MP Brensil Rolle
expressed his support for the
programme. Winding up the
evening, Assistant Commis-
sioner of Police, Marvin
Dames commented on the
success the programmtne is
already enjoying, citing a
marked decline in house
crimes in the Southeastern
Division, which is directly
attributed to the Neighbour-


hood Crime Watch pro-
gramme.
Nei'liboTh66-iood ifihe
Watch Associations have
been established in Gamble
Heights, Garden Hills 1 and 3,
Gleniston Gardens, Hope
Gardens, Imperial Park, Nas-
sau Village, Sir Lynden Pin-
dling Estates, and South
Beach.
The Southeastern Division
plans to establish similar
Crime Watch associations in
the remaining communities of


the Division during 2008.
Communities in the South-
-easern Diviston who are
interested in establishing a
Neighborhood Crime Watch
Committee should contact the
Southeastern Division Neigh-
bourhood Policing or Cus-
tomer Service Unit at 392-
4333 or 392-4337 or email:
southeastern@rbps.org.bs
Superintendent Stephen
Dean is the commanding offi-
cer at the Southeastern Divi-
sion.


Man sentenced to two years in

connection with firearm charges


* By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net
FREEPORT- A 41-year-old man was sentenced
to two years at Fox Hill Prison following his arraign-
ment in Freeport Magistrate's Court on Tuesday.
Anthony Deveaux re-appeared before Acting
Deputy Chief Magistrate Helen Jones in connec-
tion with several firearm possession charges.
He pleaded guilty to two counts of possession of
an unlicensed firearm and was sentenced to two
years at Her Majesty's Prison. He was also fined
$10,000X) or one year imprisonment on the third count
for unlicensed firearm possession.
On the fourth count of possession of unlicensed
firearm, and four counts of ammunition possession.


Deveaux was bound over to keep the peace for five
years. In default, he is to serve two years at Her
Majesty's Prison on each count.
The sentences are to run concurrently.
In another matter. Deveaux changed his not guilty
plea to guilty for possession of an unlicensed firearm
and ammunition for which he was on $6.000 hail.
According to the particulars, Deveaux, being con-
cerned with another, on December 13, 2006. was
found in possession of an unlicensed -firearm and
ammunition.
Magistrate Jones fined him $5,000 or one year
imprisonment on each count.
In default of payment, he is to serve one year !t
Her Majesty's Prison with the sentence to run con-
secutively with the other previous sentences handed
down by Magistrate Jones.


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THE TRIBUNE


PAGE. 6, THURSDAYY, DECEMBER 13, 2007


AID








THE TRIBUNE


SPECIAL DAY: Jeff Rodgers and Philisha Barry were
married on Sunday, December 9, at Centerville Sev-
enth-Day Adventist Church. Mr Rodgers is best known
for his basketball camp an annual event that is held
every summer.



PHOTOIAslea


THURSDAY, DECEMBER 13, 2007, PAGE 7


A different direction and leadership are needed



Jeff TIME TO WAKE UP!

B ayBOMAR SMITH C HOME


politicians are incompetent anu/or
just plain dumb. We have been fac-
ing tilhe same problems for as long
as I can remember, I'm approach-
ing my 40th year on earth and none
of these issues are getting any bet-
ter.
Is crime occurring less? No. Is
the immigration problem being
solved? No. Is our education sys-
tem up to standard? No. Is the cost
of living becoming more manage-
able? No. Is our quality of life get-
ting any better? Absolutely not!
Bahamians, we must take the
scales from our eyes. The coun-
try's leadership has failed. They all
have. If we had to grade them, they
would all get an F, but can we
bring ourselves to admit this or
would we say that our political par-
ty did a better job than the other?
Peter is no better than Paul. It's
time to be honest. They have all
failed.
Now we have a crime stricken
nation, people living in fear and
all our leaders can tell us is we're
just having a bad year, or their
answer is we've got to get back to
the old days, or we have got to
start being our brother's keepers.
Talk! Talk! Talk! No action.
Don't forget the excuses, "Crime
is not a political thing", or "You
can't blame the government for
crime." All are excuses and politi-
cal catch phrases to duck out of a
government's responsibility of
putting policies and programmes
in place to address the social prob-
lems facing our nation.
What a mess!
We pay taxes to the state to pro-
vide an environment which facili-
tates us achieving our goals, taking
care of our families and to live our
lives in security. On all accounts
the state has failed. If we are to be
"our brother's keepers" as we like
to chant all the time, it is time for
the government to govern accord-
ingly. It's time to take our money
that it collects or the "cookies from
the cookie jar" and spend it in
areas where it will begin to address
our brother's problems, our coun-
try's social problems, and start to


keep our brothers safe from crime
etc Put resources into all of the
young people in our nation. Start
with mandatory after school study
hall and activities after school. Hire
more instructors to do so. Make
extra curricular activities available
every evening in our .communities
so children with dysfunctional
homes can get some constructive
influences, monitoring and men-
toring. Incorporate all the ideals,
morals and sense of humanity that
we would want to impart to the
next generation of young Bahami-
ans: include culture and true Chris-
tian principles.
We must hold delinquent par-
ents accountable. Even if it takes
mandatory parenting classes, and if
that fails we must provide alter-
nate structured homes with com-
petent guardians in excellent care
facilities for these children, an
expense those parents must help
to bear. This serves two purposes,
the first, saving young lives and
two saving society the impact of
more dysfunctional young men and
women.
Remember, "Train up a child
in the way he should go, and when
he is old he will not depart from
it." We must keep the streets and
street culture from our children,
all of our children.
In addition, we must take a zero
tolerance approach to crime and
mean it. Every infraction, no mat-
ter how big or small, if in our law
books, must be prosecuted. We
know our courts are overwhelmed.
Therefore we must allocate the
resources immediately without
delay. If we must hire more judges:
do so. If we need to purchase
buildings to try cases in; do so. If
we need more jurors, then start
compelling and compensating in
order to get the job done. If we
have convicted murderers and the
law is to hang, then hang.


If we fail to.make these types of
changes, then our country will con-
tinue on the same path. If one does
not change direction then one must
be heading in the same direction.
Duh!
It's time for a new direction. Of
course these programmes will cost
money, but I tell you; if we don't
make the sacrifices and pay the
piper now, the price to pay later
will continue to be greater. God
knows we are already paying a
high price.
What are our priorities? We
have just passed legislation giving
Members of Parliament $20 mil-
lion collectively every term to
spend as they see fit in their con-
stituencies, but we are not willing
to put the resources into pro-
grammes that are well coordinated,
and those that have been tried and
proven. We must invest in our
youth or we will continue to get
what we have been getting. Think
of the lives lost, income lost, and
the peace of mind lost, priceless.
So Bahamians, are our leaders
dumb and/or incompetent? Or are
we the idiots to keep accepting the
"wutlessness", incompetence and
arrogance that they so competent-
ly provide us, while they squander
away the blessing's, health, wealth
and future of our nation. This is
despicable! At some point we must
all take responsibility for the direc-
tion in which we have allowed our
country to be lead.
Bahamians, we must wake up
and save our nation. It's time for a
different direction and different
leadership. The political leader-
ship among others has failed us.
However the most terrifying truth
is they continue to deny their
responsibility and we continue to
allow them to do so.
Mr Smith is the Deputy Leader
of The Bahamas Democratic
Movement.


/-A /-.IIMN
FOR


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PAGE 8, THURSDAY, DECEMBER 13, 2007


THE TRIBUNE
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NAT KING COLE sang
it best when he crooned,
"Everybody knows a
turkey and some mistletoe
help to make the season
bright", and Bahamas
Supermarkets Limited,
operators of City Mar-
kets, showed it best when
they brightened the sea-
son by assisting Burns
House Limited with its
"special price" on turkey
certificates.
Linda Moultrie Missick,
principal of Cleveland
Eneas Primary School
(left), accepts City Mar-
ket ham and turkey gift
certificates from Christina
Albury, Corporate Rela-
tions Manager of Burns
House (right) during the
school's annual Christmas
Carol Service.
Bahamas Supermarkets
Limited assisted Burns
House Limited when
called -upon for a special
discount on the certifi-
cates.
Bahamas Supermarkets
Limited employs 700 peo-
ple in 12 City Market
stores in New Providence
and Grand Bahama.
The company is also
involved in many aspects
of the community, most
notably the Bahamas
Supermarkets Scholarship
Foundation which has
awarded $7.9 million
worth of scholarships to
deserving Bahamian stu-
dents since its inception
in 1968.


(Photo courtesy Burns
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T TBTUAYL DEC R 2 P


The St Matthew's


Ch



the


THE St Matthew's choir
will present a musical enti-
tled, "Repeat the Sounding
Joy", on Saturday, December
15, beginning at 7.30 pm at
The Holy Trinity Activity
Centre, Stapleton Gardens.
Tickets will be available at
the door.
The St Matthew's Sunrise
Choirand M J M Chorale,
under the direction of Ms.
Marge Knowles, were found-
ed in 2005.
Also known as "The Sun-
rise Choir", the group regu-
larly ministers at St.
Matthew's Anglican Church's
7.15 am mass each Sunday.
The choir is made up of
professionals of diverse back-
grounds who have made a
commitment to practise Mis-
sion in Ministry through song.
During the past year the
choir has refined its reper-
toire through performances
Sat various social and cultural
7 ev'enis, more notably, its
Christmas musical extrava-


Event takes place

this Saturday


ganza 2006 held at Govern- evening will delight and
ment House. inspire you throughout this
"The choir trusts that its Blessed Christmas season,"
musical selections for this said a spokesperson.


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.


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world school

St Andrew's School, The International School of The Bahamas, an authorized
International Baccalaureate (IB) World School, invites applications from qualified and
experienced Bahamian candidates for the following teaching vacancies, with effect from
August 2008. Full information regarding the school may be found at its website: www.st-
andrews.com.
Candidates should be qualified teachers who possess the necessary academic qualifications
for the positions) for which they apply, including a teaching qualification and a bachelor's
degree, and normally need to have a minimum of two years successful school-based
experience. Desirable qualifications, in addition to those specified for individual posts,
are that teachers have successful experience in an independent and/or international school
and an advanced degree. Applications from candidates able to coach team sports or
advise school clubs and activities are particularly welcomed. Secondary (i.e. middle and
upper) school teachers will be expected to undertake the responsibility of a homeroom.
Please note that applications received from non-Bahamian candidates will not be considered
at this time, although permanent residents with the right to work are invited to submit their
papers for future consideration. Applications from candidates living outside The
Commonwealth of The Bahamas will not be acknowledged or considered at this stage
of the recruiting process. If the school is unable to recruit any position locally, it will
advertise internationally in January.
ALL SCHOOL
Physical education: Years pre-school to 13 responsibilities. Candidates must have
successful experience in coaching years 7 to 13 in at least three of the following sports:
baseball/softball; basketball; soccer; track dnd field; volleyball. Swimming/WSI certification
would be welcomed.
PRIMARY SCHOOL
The school is authorized to teach the Primary Years Programme (PYP) of the International
Baccalaureate Organization. Candidates for all posts in the primary school should be
committed to the principles of, and. preferably trained in, the PYP Applications are warmly
welcomed from teachers who are committed to an inquiry-based pedagogy but who have
not yet had the opportunity to teach in a PYP school.
Homeroom teachers: Class sizes range between 15 and 20.
Primary School Spanish (part-time): Candidates should be familiar with the ACTFL
standards and able to work as a contributing member of a school-wide team.
SECONDARY SCHOOL
The school offers its own middle years programme in years seven through nine and the
BGCSE in years 10 and 11 (grades 9 and 10). The school is authorized to teach the
Diploma Programme (DP) of the International Baccalaureate Organization in years 12 and
13 (grades 11 and 12).
Science
Biology: Candidates for this post must be qualified to teach biology to pre-university level
and be familiar with the demands of the International Baccalaureate diploma programme.
Candidates should also be able to offer either chemistry or physics at BGCSE/IGCSE
level.
Chemistry: Candidates for this post must be qualified to teach chemistry to pre-university
level and be familiar with the demands of the International Baccalaureate diploma
programme. Candidates should-aft! e able to offer either biology or physics to
'BGCSE/IGCSE level.
English: Successful experience in teaching English to IB level is required for this post.
Candidates for this post must be qualified to teach to pre-university level and be familiar
with the demands of the International Baccalaureate diploma programme. Successful
BGCSE/IGCSE and SAT 1/SAT II experience is also essential.
Mathematics: Candidates for this post must be qualified to teach to pre-university level
and be familiar with the demands of the International Baccalaureate diploma programme.
Successful experience in teaching calculus to AP and/or IB level is preferred for this post.
Successful BGCSE/IGCSE and SAT 1/SAT II experience is also desirable.
Drama: Candidates should be able and willing to teach up to IB theatre arts level and
possibly coordinate musical and drama productions throughout the secondary school.

Information technology: Years pre-school to 13 responsibilities in integrated technology,
promoting the concept of "computer as tool" across all ages and curriculum areas, as
well as teaching in years 10 through 13. Must be experienced in teaching computer
science at IB diploma level.
Middle school home room and core teachers: Middle level educational qualifications,
experience working with early adolescents gnd a familiarity with the philosophy of middle
schools are required from applicants for these posts. Applicants may also be required
to teach BGCSE courses up to year 11.
At least two of the successful applicants will have documented successful experience in
teaching English in years 7 to 9 and will be able to offer English and one of the following
- PSE; IT & Social Studies; art; drama possibly to BGCSE level.
Another successful applicant will have documented successful experience in teaching
general science in years 7 to 9 and will be able to offer any combination of biology,
chemistry and physics at BGCSE level. If he/she could also teach mathematics that would
be useful.
Mathematics and special needs (part time post): Candidates must have successful
experience in teaching in both areas.
NB: One successful candidate from all the posts offered will be able to offer the
teaching of the Theory of Knowledge course at IB diploma level. Another will be
able to offer the teaching of psychology at IB diploma level
Interested candidates should apply to the school's principal, Mr. Robert Wade, by letter,
email or fax as soon as possible. All applications MUST include the following:
* letter of application
* a personal statement detailing the candidate's educational philosophy
* a full curriculum vitae,
* either the names, addresses, telephone numbers, fax and email numbers of three
people who may be approached for confidential professional references or the
name and address of the recruiting agency from which the candidate's confidential
dossiers may be obtained.
Information on the teaching posts offered may be obtained from the heads of the schools
by email or fax only.
Frank Coyle, Head of the secondary school:
Email: Frank.Coyle@st-andrews.com
Fax:(1 242)3240816
Allison Collie, Head of the primary school:
Email: Allison.Collie@st-andrews.com
Fax: (1 242) 324 0816
Bob Wade
Principal
St Andrew's School
P O Box EE 17340


Nassau
Email: Bob.Wade@st-andrews.com
Fax: (1 242) 364 1654
The closing date for applications is 31 January 2008. Applications from unqualified
candidates, applications arriving without the full information requested, applications from
outside The Commonwealth of The Bahamas or applications received after this date will
not be considered


I


THURSDAY, DECEMBER 13, 2007, PAGE 9


'THE TRIBUNE


s~,P~f~P,~:~t~~


~ '~''a*'li:;92j-;9'~411












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ATLANTIS' HARBORSIDE Resort team is busy raising funds for Bilney Lane Children's Home. Pictured are
Sales and Marketing Associates of Harboiside Resort at Atlantis. The team recently held two fundraisers, a
four-week Food Stamp Drive in October foiluwed by.a cai wash in November in aid of the children at the Bil-
ney Lane Children's Home. The teams raised over $2400 of which, half was matched by Starwood Vacation
Ownership, Inc.


HARBORSIDE RESORT at Atlantis' team cleans up for Children's Home. Pictured are Sales and Marketing
Associates of Harborside Resort at Atlantis during a recent car wash. The funds raised were used to assist
the Bilney Lane Childien s Home Hafborside Resort at Atlantis plans to hold additional activities to support
the Bilney Lane Childien s Home and looks forward to assisting the woikeis and children with home mainte-
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PAGE 10, THURSDAY, DECEMBER 13, 2007


IHE I HIBUNE








1H1 ~ ~ ~ ~ ~ ~ ~ ~ ~ OA NEWNSHRSADCMBR1,207 AEI


BIFF


007


Ansbacher Bahamas sponsors the

Filmmakers Residency Programme


Anshacher Bahamas, as
part of its 50th anniversary cel-
ebrations. has sponsored the
Filmmakers Residency Pro-
gramme at this year's
Bahamas International Film
Festival (BIFF).
This programme has'
brought together a pool of
international film related
career experts and made them
available to young Bahamian
and Caribbean film makers
for the sharing of their expe-
riences.
More than 12 people sub-
mitted their films and the five
following candidates were
chosen: M.A. Drayton, Jason
Darcy, Kareem Mortimer,
Gustavius Smith, and lan
Poitier.
The most impressive of the
five participants, Bahamian
filmmaker Gustavius Smith
was selected as this year's win-
ner for his project "Built for
Load."
Mr Smith received $10,000
toward his professional devel-
opment from Ansbacher
Bank. An honourable men
tion went to Jason Darcy for
his project "Adam's Quest."
The group of Filmmaker


IN THE PICTURE: Attending the press conference for the commence-
ment of the Filmmakers Residency Programme (FRP) at Atlantis, Paradise
Island were: Seated front row from right: Nicole Guillemet, FRP Advis-
er/producer: Lawrence Konner, FRP Adviser/filmmaker, Morris Ruskin, FRP
Adviser and Shoreline Entertainment CEO: Leshe Vandlerpol, founder,
Executive Director BIFF; Mike Viner, Ansbacher representative Back Row:
Bruno Lambrigger, Ansbacher representative;. Stewart Miller, Ansbacher
representative, Miguel Drayton, filmmaker participant. Suzan Jacobsen ,
writer; Norm Golighty, Adviser; lan Poitier, Filmmaker: Jason Darcy, film-
maker (extreme back); Gustavius Smith, filmmaker, Kairem Mortimem, film-
maker.


Residency Advisers presiding
over this year's programme
and evaluating the candidates
included Shoreline Entertain-
ment CEO Morris Ruskin,
filmmaker Lawrence Konner


("Might\ JoL Aung"), pro-
ducr: NoI man (;olighlly
("Ghost Rider"). velteran film
festival dicolor Nicole
Guillemet. and \ril ,r/idircc-
lor Susai[l .lCr'i'Cnl


Pastor, Rev. Sherelle L. Saunders


He will keep him in perfee t
peace whose mind is stayed
on Him...(Isaiah 26- 3)
Therefore, let us keep our
minds stayed on .Jesi ,, the
reason for the Season, 1as we
abide in His love and live
peacefully togeihev.
Wishing you a Me ,y
Christmas and a G(lorious
New Year!


You are invited to join
'ja ih IM iss ion Church of (od LM in istr ies
"It 'e Meg a ,Wo rs hip Ce rt re"
in the following special services during this ult tiile S'casoin:

December 1 6th 1 1:OOam "Live Radio Broadcast
via ZNS 1540 am"
December 19th 7:30pm "Youth Christmas Production"
December 31st 10:OOpm "Watch Night Service"

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IHE TRIBUNE


Christmas Prectings


THURSDAY, DECEMBER 13, 2007, PAGE 11


-- v








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TRAINING BOOST FOR CORE OF ISLAND RESIDENTS


Foreign films are benefiting;

from Bahamian filmmakers'


ANGELA Archer of the Bahamas Film Commission speaks. Also pictured are Cheryl Cartwright of the
Bahamas Plays and Films Control Board (centre) and Joan Graves of the Motion Picture Association of Amer-
ica.


THE Bahamas Film Com- en on dozens of Bahamians as
mission has effectively production assistants, location
brought about training in film- assistants, and extras.
making for a core of Bahami- A handful of actors have
an professionals, a Commis- even appeared on camera with
sion representative told the speaking roles.
Bahamas International Film Now the Commission is
Festival at the weekend. working to have its efforts
Angela Archer, manager of strengthened in law.
the Bahamas Film Commis- As the Commission pro-
sion, said her organisation has vides recommendations to the
been a strong advocate for the government on an incentive
inclusion of Bahamians on the package to lure more produc-
film projects that have come tions to the Bahamas, the
to'the Bahaiias ove'the past Commissioni would be look-
four years. ing to include the hiring of
.-m-s.ms .setir- Casino-' "Bahamian personnel as a con-
Rovale, After the Sunset, Into edition of production houses
the Blue and Pirates of the being able to access incentives.
Caribbean II and Ill have tak- she said.


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"That is definitely some,-
thing we are looking at and
that would be included in any-
thing (recommended to gov-
ernment)," she said.
As a part of the Ministry of
Tourism, the Film Commis'-
sion's work has mainly been
slanted towards bringing busi-
ness and visitors to'the
Bahamas.
However, the inclusion of
Bahamians is one of the main
ways that the Commission has
been contributing to building
a local film 'industry, Ms
Archer said.
Despite having to navigate
maze of difficult and some
times controversial decisions
the Bahamas Plays and Film
Control Board is also helping
to develop the Bahamas' ar
world, said board chairperso
Cheryl Cartwright.
Ms Cartwright and M
Archer were panelists on BIF
F's "Filming In th
Caribbean" panel.
Other panel member
included Joan Graves of the
Motion Picture Association o
America, actor Jonathon Mtu
ray and Bahamian filmmake
Kareem Mortimer.
Ms Cartwright pointed ou
that the Plays and Films Con
trol Board must review ever
film that is to be shown to th,
public in the Bahamas..
Unlike in the United Stated,
it is mandatory that the board
reviews every film and assign
a rating to it.
Also, unlike the Unitet
States, cinemas and the public
are bound to strictly adhere
to the board's ratings.
Adults who allow children
to view films that have been
assigned an adult rating could
be prosecuted.
For severe infractions, viol
lators can be imprisoned or
fined as much as $2,000, MI
Cartwright pointed out.
Although the board has the
ability to ban films, M,
Cartwright said this is a meaL
sure that has not been neces'
sarv in the six months since
she has been chairperson.
Ms Cartwright said Bahami-
an artists have a role to play in
the development of the
Bahamas, and she is confident
that members of the Plays and
Films Control Board would
not take the banning of a film
lightly.
This is particularly true for a
Bahamian-made film. she said.
"I am confident that the
board members would only
do that after a lot of thought,"
she said. "I stand behind them
and I am confident in them."
Film-maker Kareem Mor-
timer, who'recently made a
film with a homosexual theme,
said he dreaded having his
filhn reviewed by the board. !
After the process, however,
he said lie thought the board
was fair and relatively easy to
work with.
BIFF events continue until
December 13.


,-,. .. . *1 o ^* V
*BS -KS -fl^aiw -;* **J'it<^-'' 1 .'MBt?^<& si^J j. MWM f--B -a ^


THE TRIBUNE,


I


PAGE 12, THURSDAY, UtCUt-iviri-n 1o, --uu











"2 0 0 7 7___



jam es "knIf scrtch musc' mke i t teBcre


A FILM about the "king of
scratch music" is being screened
in Nassau this week as part of
the Bahamas International Filn
Festival.

Jamesie, King of Scratch 70-
miin, DVD format completed
2006
A spirited musical journey
to the US Virgin Islands

Produced and directed by
Andrea E. Leland
COUNTRY OF PRODUC-
TION: USA, Virgin Islands
(US)
COUNTRY OF FILMING:
US Virgin Islands, USA, Den-
mark

Screenings at the Bahamas
International Film Festival
Monday, December 10, 8pm
British Colonial Hilton
Tuesday, December 11,
noon Atlantis Theatre .

SYNOPSIS
James Brewster, 79, known
for his humorous, provocative
and playful compositions, and
lively performances, has per-
formed and recorded in the
Caribbean, Europe and the
United States. Scratch band
music, also known as "scratch
music", is an indigenous, grass-
roots form of folk music that
originated in the US Virgin
Islands over a century ago.
The lyrics are a form of oral
history used to immortalise sig-
nificant historical events, spread
rude gossip about one's neigh-
bours, and relay the day-to-day
trials and tribulations of living
,on a small Caribbean island.
'Playing with both homemade
(from tin cans and gourds) and
contemporary instruments, the
,music has crudeness to it that is
intoxicating and rhythmic
speaking to both the beauty and
hardship of the Crucian (of St
Croix) lifestyle.
Copies of unedited footage
-,(80+ hours), and transcripts of
interviews are available for
,scholars of all ages in the Centre
rfor Black Music Research
iLibrary Archives located in


Chicago, Illinois. An accompa-
nying CD entitled "Jamesiean
the All Stars. Live at the Chica-
go World Music Festival" is
available for sale on the pro-
ject's website.
DIRECTOR STATEMENT
The US Virgin Islands are an
extremely popular tourist des-
tination, but what do these
tourists know of the rich cul-
tural traditions of the people
native to the islands? Most
tourists hear nicely packaged
and easily digestible sounds
while dining beachside at their
comfortable resorts. With vir-
tually no representation in the
popular media, the deep roots


MADEIRA PLAZA
322-7647
ROBINSON ROAD
322-3213


and cultural traditions of the
Virgin Islands are unknown to
most visitors or are considered
only as a form of light enter-
tainment.
North American culture is
quickly taking over the islands,
leaving folk traditions such as
"scratch music" marginalised
and changing this art form
rapidly. As younger generations
of Virgin Islanders lose inter-
est in their native culture and
scratch musicians get older, it
is urgent that the historically
significant form of "scratch
music" be documented. While
several "scratch music" CDs
have been recorded, knowledge


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of the Virgin Islands lolklontc
musical traditions is not widely
known among the American
public. The literature on this
music is scarce; most of the
recorded oral histories (collect-


cd in the 1970s) are housed
solely in a library on St Thomas;
and, there is no comprehensive
video documentation of
"scratch music" and its major
figures


MECHANIC I (AC)
The Grand Bahama Power Company. Limited invites qualified candidates to apply for the position of
Mechanic I (Air-Conditioning) in its Generatior, Department.
This position installs and performs major repairs an d maintains a preventative maintenance program
on all Heating, Ventilation and Air i. .... . :. (I IVAC) systems and related equipment. The
incumbent performs the inecess ry tests and trouble shooting to correctly repair HVAC systems and
related equipment and will also -xpecc.d to assist in the daily duties of the electrical department
when required. Thllis posi tiuo repot Is to the Geneiaton Maintenance Supervisor.

The successful candidate will ne -xpect-d t1:
* Perform root cause arialysis of equipment failures,
* Read electrical i, ir ., and- scheinatics pertaining to HVAC and related systems.
* Repair and install I IVAC its
* Assist in electrical repairs -ind minor mechanical repairs.
* Initiate purchase orders and wrile repor'Fs and procedures.
* Maintain documentation .i:f mFainte.i-iuc' p(; for rued; technical documentation, drawings and
equipment, n manuals,
Determine the toot cause failures of HVAC systems and related equipment.
Assist in job planning and the securing of tools and materials,
Perform and keep records of preventative maintenance on HVAC systems.

Minimum Requirements
High School Diploma and BGCSE no GCE '0' level passes in Mathematics, English Language
and Science Grade C or above
Minimum of three (3) years experience working as an Air Conditioning Mechanic.
Possess proof of training or certification as an HVAC mechanic.
Should be farmilar with electr-cal installation.
Applications with suppoi ting d-ocurnientritor' including a clean Police Certificate and proof of
Bahamian citizenship should h'e sent to


P.." IH .,L AN )iA'llF'll


'. ...... n^^^Bff~i ] ,llftuml f lnw i^^^l^^^] ^^^^
[ 1 AM A 0,1WPSB HEP : LIM


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-__,_ I


I HUHSDAY, DECEMBER 13, 2007, PAGE 13


THE TRIBUNE


7-









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NEW INSTRUMENTS were awarded on Tuesday to winners of BahamArts "Battle of the Bands" competition, during
a presentation at the Bahamas Agricultural and Industrial Corporation, East Bay Street. Pictured, from left, are Corporal
Theodore Campbell (Farm Road), Assistant Superintendent of Police Ronald Campbell, Corporal Nadia Young (Farm
Road), Rudolph Pratt, Jr., (St Barnabas), BAIC Chairman Edison M. Key, James Hutchinson, Yonell Justilien (Government
High), Lakishna Johnson (C. C. Sweeting) and Sergeant Rudolph Pratt, Sr., (St Barnabas).


BAHAMARTS BOOTH winners receive their prizes from Bahamas Agricultural and Industrial Corporation (BAIC)
Chairman Edison Key on Tuesday. Pictured, from left, are BAIC Handicraft Development and Marketing Department
Manager Donnalee Bowe, second-place winner Sharon Ferguson, winner Celestine Albury, Mr. Key and third-place win-
ner Emily Munnings.


'Tremendous growth'


at BahamArts Festival


CELESTINE ALBURY's
wood carvings captured the
BahamArts Festival "best booth
award."
And all-time favourite Farm
Road and Government High
School shared top honours in the
battle of the bands.
They received their awards on
Tuesday during ceremonies at
Bahamas Agricultural and
Industrial Corporation's head-
quarters from Chairman Edison
Key.
In the best booth category,
Sharon Ferguson was second.


Emily Munnings, third, and
Hyacinth Hanna, fourth.
Assistant Supt of Police Ronald
Campbell of the Royal Bahamas
Police Force was singled out for
his contribution to organizing the
"Battle of the Bands" competi-
tion for four years.
"We have seen tremendous
growth in this event that has
attracted hundreds of young per-
sons to the BahamArts festival."
said Mr. Key.
"The wide variety of products
on display at BahamArts demon-
strated beyond any doubt the


validity of the authentic Bahami-
an product.
"The many persons who
flocked to the show couldn't help
but marvel at the fine degree to
which Bahamian products have
evolved."
He applauded BAIC's Handi-
craft Development and Market-
ing Department, host of the
BahamArts festival.
"Through their courses in sou-
venir creation held throughout
the islands, they are at the fore-
front of keeping the Bahamian
dream alive." said Mr. Key.


THE TRIBUNE


PAGE 14, THURSHAY, uc-.I-,ivL._, ,, ,, ,





THURSDAY, DECEMBER 13, 2007, PAGE 15


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Deputy PM: New Ambassador of Bahamas


Environment Scientific and Technology


Commission to be appointment soon


A NEW Ambassador of
the Bahamas Environment
Scientific and Technology
Commission will be appoint-


ed shortly, with a mandate
to revamp that body to
make it more efficient,
Deputy Prime Minister and


Minister of Foreign Affairs
Brent Symonette has
announced.
Additionally, seven offi-


cers with responsibility for
various Family Island'pro-
jects, also will be appointed,
Mr. Symonette said.


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He was addressing the
recent Bahamas Real
Estates Association's annu-
al Christmas luncheon, at
the Nassau Yacht Club,
Montagu.
"The new,Ambassador
will be charged with the
responsibility of revamping
the BEST Commission to
ensure that it operates effec-
tively in today's environ-
ment," Mr. Symonette said.
With the various projects,
the Government intends to:
Pursue policies to pre-
serve existing vistas to the
sea and cause the creation
of new ones;
Ensure that the right of
Bahamians to have access to
the sea and beaches is
enhanced;
Implement a programme
of expansion and upgrade of
neighbourhood parks, recre-
ational and open green
spaces, seaside parks and
picnic areas around New
Providence;
Facilitate the expansion
of the National Park system
by providing and extending
long term leases to the
Bahamas National Trust for
areas in the Abacos, Cen-
tral Andros, Exuma and
New Providence.
"As we go forward, the
Government seeks to meet
the expectations and needs
of residents for growth in
the economy while taking
care not to create employ-


ment demands exceeding
our capacity," Mr. Symon-
ette said.
"And we seek to guard
against creating unsustain-
able demands upon the
physical resources ot our
islands," he said.
The BEST Commission
has the primary roles of
evaluating environmental
impact assessments, mainly
of investors; managing the
international environmental
agreements to which The
Bahamas has become a par-
ty and to provide public
education on the environ-
ment.
It functions as an advisory
body to-The Bahamas (Go-
ernment in areas within its
mandate. It also ensures that
environmental protection is
a part of all permits pro-
cessing and that it provides
environment oversight and
monitoring during project
construction.


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PAGE 8, TURSDY, DEEMBE 13,2007AHE TIBUN


!f OAm a gfo ar


Something to sing about:

Mount Tabor launches CD


IIUU


PRAISEWORTHY EFFORT: Charles Maynard, Minister of State for Culture, celebrated with Mount Tabor as the
church launched its first album, "Bishop Neil Ellis Presents: Mount Tabor's Praise and Worship Ministry." The
launch, held at One Hundred Bible Bookstore, featured the worship team as they rendered two selections
from the CD. Nadine Moss, Praise and Worship director and Nehemiah Hield, Managing Director, Kingdom Glo-
ry Records explained that the CD is Bahamian produced with an international appeal. Pictured at the launch, from
left to right, Minister Nadine Moss, Praise and Worship Director, Mount Tabor; Bishop Neil C. Ellis, Pastor, Mount
Tabor; State Minister for Culture Charles Maynard, and Nehemiah Hield. Managing Director, Kingdom Glory
Records, formerly lead vocalist, BahaMen. In the background stands the Mount Tabor Praise and Worship Team.


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


Local Media House has a
vacancy for a Broadcast
Journalist / News Reporter
The successful candidate should possess the
following qualifications:
* Minimum of 2 years experience
* Must have a good understanding of news
gathering & production
* Must be an enthusiastic self starter
* The ability and willingness to learn
* Must have own transportation

Please submit resumes to:
The News Director
Island FM
P.O. Box N-1807
Nassau, Bahamas
Fax: (242) 356-4515
E-mail: reporter@islandfmonline.com


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THE TRIBUNE


PAGE 18, THURSDAY, DECEMBER 13, 2007


$5,00^
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THE TRIBUNE


Parliamentary pensions list tabled by PM
FROM page one
least eight years, or two parliamentary t rms whichever is less. The individual must also be at
least 55 years old and have ceased to be a knember of parliament. Former parliamentarians may also
receive pensions if they cease service as a result of infirmity. Gratuities are received by former par-
liamentarians if they select to receive a reduced pension.
Mr Ingraham tabled a list of gratuity and pension payments for four recently retired members Pierre
Dupuch, Dr Marcus Bethel, Robert Sweeting, Tennyson Wells and Bradley Roberts.
Mr Ingraham said he listed the gratuity payments of these men as three of them "made much of what
(his) pension entitlement was."
This is a list of the parliamentary payments for these four members:


Name
Pierre Dupuch
Marcus Bethel
Robert Sweeting
Tennyson Wells
Bradley Roberts


Received In Treasury
30 March '07
27 April '07
15 June '07
27 July '07
26 July '07


Name Yearly
Lady Marguerite Pindling
(widow of Sir Lynden Pindling)
Frank Watson
Clement Maynard
Darrell Rolle
Paul Adderley
Philip Bethel


Date of Payment
14 June '07
8 August'07
12 September'07
: 28 August'07
28 September '07


Pension Salary
$85,500.00
$49,921.00
$49,920.00
$48,729.60
$45,129.60
$45,120.00


Gratuity Paid
$180,369.00
$50,422.50
$37,983.75
$182,449.13
$176.050.09


Pension
$6,195.07
$867.97
$3,401.29
$16,610.10
$17,184.50


Janet Bostwick
Norman Gay
James Knowles
Bradley Roberts
CA Smith
Tennyson Wells
Pierre Dupuch
Maurice Moore


Total Paid
$186,564.07
$51,290.47
$41,385.04
$199,059.23
$193,234.59
$45,120.00
$45,120.00
$45,120.00
$45,120.00
$45,120.00
$44,517.72
$43,288.56
$41,433.60


This is a list of the top 14 parliamentary pensions:
Edison Key is the only current MP on the list with a pension of $12,518.40. Deputy Governor-gen-
eral and Director Bahamas Information Services Sir Arthur Foulkes is also on the list, receiving a pen-
sion of $13,440 annually.

PM to attend
groundbreaking
FROM page one
It is the largest container
transshipment facility in the
Western Hemisphere. It han- i,
dles one million TEUs per year.
While in Freeport, Mr Ingra-
ham will also attend the official
opening of the $15 million
Bahamian Brewery and Bever-
age Company at 6pm.
James Sands, president and
CEO of Bahamian Brewery,
acquired 20 acres of land on
Queens Highway for the con-
struction of a 40,000 sq ft facili-
ty.
He said the brewery will be a Hats, Dresses, Shoes, Bags a
first-class facility with state-of-
the-art equipment. J
Mr Sands, who was granted a Boo S all Sizes $10.00
licence from the Port in JuneBootsSmal Sizes $1000
2006, said the brewery has been
a dream of his and the former
GBPA Chairman, the late Blue Hill Road
Edward St George.
employ e60 to 75 Grand Bahami-
ans.


THURSDAY, uLL.iVtbLH 13, 2007, PAGE 19


i -


\' ~'.,


The Bahamas has approximately 15,000 hotel
rooms that must be furnished, decorated, and
stocked with supplies. Meanwhile, 80 cents of
every dollar earned through tourism is sent back
abroad to purchase goods. Let's make more
products at home.


Manufacturers: You too are a,
tourism built.


rt of the house that


tAImok


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LUCIANC


IS


SOF CHICAGO

EWYEAR'S EVE MENU I


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APPETITE R
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PAGE 20, THURSDAY, DECEMBER 13, 2007


THE TRIBUNE


LOCAL NEWS


FROM page one
eiL.n Affairs will in fact be
expanding its mission in Beijing.
Ni Svnmonetlec said that his Min-
istry will be appointing an
Amnliassador to the post anll
accomplishment. he pointed out
with some enthusiasm, that Mr
Mitchell was unable to do during
his tenute iin ollice.
('alling, a piess conference in
the Conmmittee Room of the
Minoliti yesterday, Mr Mitchell,
now shadow minister of Foreign
Alf.ilis. claimed that Mr Symon-
ette the current Minister of
Fltreign Affairs in hinting
towaids the I..--. ble closing of
this recently established Embassy
has betrayed "yet again" a shock-
ing conflict of interest on his part.
In denying this statement, Mr
Symonette also took issue with
tIe manner in which Mr Mitchell
chose to address the matter. He
pointed out that during his entire
contribution to the House of
Assembly on Tuesday night, Mr
Mitchell sat and did not raise one
objection.
"I find it interesting that Mr
Mitchell sat there and said
absolutely nothing, but rather
chose a press conference to attack
me personally," the deputy Prime
Minister said.
Mr Symonette added that visas
also will be issued from China,
allowing for the easy travel of
business persons to promote trade
between the Bahamas and Chi-
na.
It1 that is contrary to promot-
ing business then I want to know
what is," he quipped.
'Yesterday Mr Mitchell main-
tained that Mr Symonette had
"allied" himself with a group of
persons who arte essentially mer-
chants.
"Many of them have been con-
cerned about the fact that cheap-
cr prices for goods and services,
people are able to obtain them,
including consumers, out of Chi-
Ina.
"I understand that there are
many business persons who go
there looking for roofing materi-
al. construction material, elec-
tronics, and clothing. So clearly
lhl_ market is being undercut in
ths,,c areas and I'm saying that


Deputy PM
in terms in the economic inter-
ests of which he is a part of, hlie
has to be careful that there is not
the appearance of a conflict
between what we are doing in
China as a country and what his
economic interest might be," Mr
Mitchell said.
Mr Mitchell continued, 1i.1 ilin
that the PLP has warned the
Bahamian people for some time
that the FNM government is "rid-
dled" with such conflicts, and
"indeed this particular minister".
"There must always be a clear-
ly marked line-between one's per-
sonal interest and your duty to
the public. Mr Symonette clearly
does not know where that line
is," Mr Mitchell claimed.
At the last seating of the House
of Assembly, Mr Symonette men-
tioned that government will make
a "total review" of the operations
of the Bahamas' Beijing office.
He said that the government will
undertake any necessary changes
and cited anr operational audit
report that found the operations
of the Embassy to be "unaccept-
able."
However, Mr Mitchell ques-
tioned the independence of this
report and requested that Mr
Symonette make the document
public.
"I would like him to say who
did the audit, and to explain
whether or not that audit was
done by a truly independent per-
son or persons. I want to confirm
whether or not the person or per-
sons who did the audit did not
have a personal animus or grudge
toward me as the Minister and
the PLP," he said.
' Mr Mitchell claimed that the
FNM administration under the
leadership of Prime Minister
Hubert Ingraham, and his deputy
Mr Symonette, have no vision for
foreign affairs.
"Mr Symonette's statement is
an insult to those at the Ministry
of Foreign Affairs, including our
head .of Mission there Philip
Miller, who did so much work to
ensure that the policies of the
legitimately elected government
of the Bahamas were carried
out," he said.


Final witness takes stand

FROM page one
Senior Justice Anita Allen ended Tuesday's session declaring that a
warrant of arrest would be issued if Mr Miller again did not appear.
Based on his non-appearance yesterday, she began the process of
issuing the warrant.
However, the request by Mr Davis was subsequently rescinded,
after he discovered that Mr Miller had not been served with a subpoena
as he had earlier suggested. It was assumed that Mr Miller might still
appear based on communications between him and the PLP side.
however he did not. No action was taken against him by the court.
Assistant General Manager of BEC Peter Rutherford was therefore
the only witness to take the stand. He concluded testimony on behalf
of the corporation, which was begun earlier in the case by Kevin Bas-
den, the general manager.
Mr Rutherford testified about the number of accounts of several vot-
crs in q(liu .liii, and the length of time they had existed.
The case adjourned with the parties scheduled to present their final
written submissions to the court on Friday. Final oral arguments will
occur oin Monday, after which, Senior Justice Allen.and Justice Jon
Isaacs will deliberate.
Allyson Maynard-Gibson is challenging the votes of 159 people she
asserts were not entitled to vote in the Pinewood constituency in the
May 2 general election, as they were not ordinary residents of the
constituency. Byran Woodside initially challenged 41 voters, however,
Mr Barnctt did not present evidence against 11 of these individuals dur-
ing his case.
Once the deliberation begins, the court will have to determine if suf-
ficient evidence exists to exclude the votes of more than 64 voters -
which is the margin by which Mrs Maynard-Gibson lost. If such a
determination is made, those votes would be removed and a recount
would occur to determine the winner of the seat.


FROM page one

an system in Januaty 2008.
Several members of the Oppo-
sition had ctiticised Mr Ingraham
lor deciding to send the two senior
officers abroad while the country is
Experiencing record crime levels.
Countering these remarks, Mr
I graham told the House that in
light of the fact that it will be his
"good fortune" to appoint the next
(omnmissioner of police and the
!icxt depivy commissioner of
police, he wants to "make
absolutely sure that I have the best
I raiiied, the best exposed, persons
availablee Ior consideration."
iHe added: "One of the things
that attracts nme to the Canadian
Royal Mounted police force is this:
They are able to deal with allega-
tions made against public officials
that are out there, whether those
public officials are ministers, for-
imer prime ministers, or senior pub-
lic officials. In fact in some respects
it could hbe argued that they are a
little over aggressive when com-
pared to other forces."
Meanwhile, Mr Ingraham said
that "one of the things (he) finds"
with police in the Bahamas "is a
reluctance on their part to do their
job sometimes."
"When there was an allegation
made against the former minister
of works about rape, the police
were vei y reticent. very reluctant,
and it came across as that and that
slihouldn't be," lie said.
Mr Ingraham also suggested that
the RBPF are "too deferential" to
I Ie office of the attorney general.
' When .t1 e law is passed saying
that this is an offence and some-
hody is alleged to have committed
I I., ifi'cnc, we've given the power
tin lh, police to arrest and charged
1 11Ic it ilence e Cxists.
"I' I lie attorney general doesn't
like it she can go to court and issue
wlihat we call a noli prosequi and
,;Iv tla! there'll be no prosecution,
%, cIn do hatl, so (I do not like)
tlie question of any other kind of


PM on police
influence...coming to a policeman's
head," he said.
Mr Ingraham said that he hopes
that Mr Greenslade and Mr
Dames' experience in Canada will
"positively impact on the police
force when they return to the
Bahamas."
In response to the ,stgIP -lion
that the two men are being irre-
sponsibly drawn away from their
crime fighting duties, Mr Ingra-
ham noted that when his adminis-
tration came to office in May, Mr
Dames was assigned to airport
security. "Had there been any
criminal activity, first of all, one of
them when we came to office...was
at the airport walking up and
down." He said that such an assign-
ment was a "waste of a senior offi-
cer."
He further pointed that prior to
the election the now-acting com-
missioner of police, Reginald Fer-
guson, who had "fought crime all
his days" had been "dispatched to
the police college to do his job, as
superintendents do."
Mr Christie stood to defend his
decision to have Mr Dames put in
charge of airport security. "I am
astounded that the prime minister
continues to say that lie was sent
out there and the implication being
by the political directorate, without
an office, without a car and without
responsibility for crime."
He said that he "identified (Mr*
Dames) as being vested with an
incredible degree ofIL, .,, ,, .,hil."
and claimed that he was put inI
charge of airport security because
he was "someone who was respect-
ed and admired by the Americani
aulihoriti;s." Thiese ; thllm ilits. lie
claimed, had forta long lime known
"more about what was happening
with respect to the individuals out
there (at the airport) than the
Bahamian police" and this was
something which he implied lie
had the intention of addressing.


FROM page one

'Iribuine on Wednesday, he said that there
was contingency funding allocated by the
former administration for small home repairs
in spite of government claims to the con-
Irary.
The member of Parliament for Golden
Gates also denied that the Bahamas Mort-
g.i'g Corporation was in dire financial straits
while accusing the FNM of simply making
excuses to avoid being'proactive about the
controversial housing issue.
"The contingency funding was put in place
for this exact purpose because you know at
the end of the day, when you look at the
large volume of houses (the PLP built) there
are bound to be repairs (needed). If you look
at the breakdown for the Mortgage Corpo-
ration you will see that we put contingency
funding for unforeseeable repairs or expens-
es."
He could not specify the amount of con-
tingency funding he claimed the former
administration left in place for these repairs
because as member of the opposition he did
not have the relevant documents to support
this claim.
However Minister of Housing Kenneth
Russell told The Tribune yesterday that there
was "some funding" left by the former admin-
istration for home repairs but it was dedi-
cated for the Urban Renewal Small Home
Repair Programme.
This was to provide repairs to the homes of


Shane Gibson defends


PLP's actions in office


elderly or disadvantaged persons who had
no financial recourse to upgrade homes which
had deteriorated badly, but not lor the array
of repairs needed to be done to government
built homes, Minister Russell said.
The Minister then noted that the FNM
had provided some $1.5 million for these
expenses.
Mr Gibson continued to defend his actions
as a former minister contending that in the
home construction industry repairs are an
unavoidable circumstance.
"When you are building 1300 homes it is
impossible to build a perfect house without
any repairs needed at all, impossible. When I
became minister responsible for housing (in
2002) there were so many houses in Millen-
nium Gardens that had to be repaired and we
couldn't find sufficient contractors to do it so
we had to actually have (home buyers) bring
in quotes and we gave them cheques to find
their own contractors.
"In one case for instance, we had to give (a
homeowner) $28,000 to repair his house
because the house started to crack and the
walls were separating."
He noted that he oversaw a number of


repairs to homes in Flamingo Gardens, Pine-
forest Estates in Eight Mile Rock, and West
End.
Mr Gibson was.responding to assertions
made in Monday's session of the House of
Assembly by Parliamentary Secretary Bren-
sil Rolle. Mr Rolle argued that many of the
homes built under the PLP's watch needed
"urgent repairs", however there was no
approved contingency funded left in place
for this purpose.
He also said that the Mortgage Corpora-
tioh was "virtually broke" and that "hun-
'dreds" of small contractors had not been
!paid since October 2006.
However, the former minister disputed
these claims saying the corporation was able
to meet many of its financial needs and there-
fore was not "broke."
"If you say (a corporation) is broke that
'means that they cannot meet any of their
'obligations..But (the Mortgage Corporation)
'is meeting their obligations in the sinking
fund and they are meeting their obligations in
paying staff salaries.
"What they cannot do is meet their oblig-
ations to complete houses."


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THE TRIBUNE


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Tropical Storm Olga blamed for deaths



in Puerto Rico, Dominican Republic


* SANTO DOMINGO,
Dominican Republic
TROPICAL Storm Olga
soaked portions of the
Caribbean on Wednesday,
triggering floods and land-
slides that killed at least
four people in the Domini-
can Republic and in Puerto
Rico, according to Associ-
ated Press.
Dominican Attorney
General Radhames
Jimenez said three people
died in Santiago, north of
the capital. TV images
showed flooded neighbor-
hoods and woman clinging
to a treetop. Other people
awaited help on rooftops.
"It is an emergency situ-
ation a catastrophe,"
said Gov. Jose Izquierdo of
Santiago province.

Avalanche
In Puerto Rico, the rains
triggered an avalanche of
mud and rocks that plowed
onto a road early Wednes-
day, burying an SUV.
Pablo Luis Alvarado Gas-
cot, a 23-year-old passen-
ger, was killed in the slide
in mountains southwest of
the U.S. territory's capital,
police said. Rescuers took
the injured driver to a hos-
pital. The road was closed
for fear of more landslides.
The rare Deqember
cyclone had maximum sus-
tained winds of 50 mph,
and forecasters warned it
could trigger dangerous
floods by dumping as much
as 10 inches of rain on His-
paniola, the island shared
by Haiti and the Domini-
can Republic.
Olga struck nearly two
weeks after the official end
of the Atlantic hurricane
season. It is only the 10th
named storm to develop in
the month of December


JIm


E
U



PEOPLE STAND under the rain caused by the tropical Storm Olga at the river Haina in Santo Domingo, Tuesday, Dec. 11, 2007. Olga strengthened and became a tropical storm
as it drenched the Dominican Republic, forcing the evacuation of low-lying communities ahead of the rare December cyclone.


since record keeping began
in 1851, according to the
National Hurricane Center
in Miami. *
"It's not completely


unusual to have a storm
form in December," said
Daniel Brown, a hurricane
specialist at the center,
who noted that three


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named storms have formed
after Nov. 30 since 2003.
At 10 a.m. EST, Olga
was centered about 75
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moving west at about 23
mph. It had maximum sus-
tained winds of about 40
mph, the hurricane center
said. Forecasters predicted
it would gradually weaken
into a tropical depression.
The storm passed
through the southwestern
areas of the Dominican
Republic that were hardest


hit by Tropical Storm Noel
six weeks ago. At least 87
fatalities in the country
were blamed on Noel, the
deadliest storm of the 2007
Atlantic hurricane season.

Prepare
Authorities evacuated 22
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"Every civil defense
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The storm passed Puerto
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THE TRIBUNE


PAGE 22, THURSDAY, DECEMBER 13, 2007


i. 1\


""






THE TRIBUNE


THURSDAY, DECEMBER 13, 2007, PAGE 23


INERAIOA NW


RESCUERS WORK at the site of a bomb blast in Algiers, Tuesday, Dec. 11, 2007. Car bomb attacks targeting
United Nations offices and a government council killed at least 45 people and injured dozens of others in
Algeria's capital on Tuesday, authorities said. At least 12 U.N. staff members were missing. Car bombs that
targeted U.N. and government buildings in Algeria struck on Dec. 11, a date with heavy significance in the
North African nation.



UN among twin




targets of Algeria




terror attack that




kills at least 31


* ALGIERS, Algeria
EMERGENCY workers
searched for bodies and sur-
vivors Wednesday after twin
truck bombings by an affiliate of
al-Qaida targeted U.N. offices
and a government building in
Algiers, killing at least 31 peo-
ple, according to Associated
Press.
Some estimates of the final
.'.ath toll from Tuesday's
attacks climbed well above the
Interior Ministry's figure of 31,
with a hospital official saying at
least 60 were killed and Algeri-
a's independent daily El Watan
saying up to 72 died and 200
were wounded.
With at least 11 United
Nations workers among the
dead, the attack was the worst
against staff of the world body
since an August 2003 bombing
at U.N. headquarters in Bagh-
"dad killed 22.
"Words cannot express my
sense of shock, outrage and
anger at the terrorist attack on
the United Nation in Algiers
yesterday," U.N. Secretary-
General Ban Ki-moon said
from a climate conference in
Bali, Indonesia. "This was an
abject and cowardly strike
against civilian officials serving
humanity's highest ideals under
the U.N. banner. It was base,
indecent and unjustifiable by
any standards."
Emergency workers spent the
night digging through gutted
buildings in a search for victims,
and cranes hoisted large chunks
of debris.
Five or six people remained
trapped under the rubble
Wednesday, according to the
Civil Protection agency, the offi-
cial APS news agency said.
Scores of people were wounded
but the foreign minister said 26
remained hospitalized Wednes-
day.
Families of the missing stood
outside police cordons sur-
rounding the sites of the bomb-
ings, waiting for news of their
relatives.
Dozens of people lined up
outside a major hospital to give
blood for the wounded.
The Interior Ministry said 31
people died, and the Foreign
Minister Mourad Medelci said
five were foreigners.
The targeting of United
Nations offices was a new devel-
opment in Algeria's 15-year bat-
tle against Islamic insurgents,
who previously focused their
hate on symbols of Algeria's
military-backed government
and civilians.
Ban called for an immediate
review of U.N. security precau-
tions and policies in Algeria and
elsewhere.
U.N. officials in Geneva said
it was the worst single attack
on U.N. staff and facilities since
August 2003, when the global
body's headquarters in Bagh-
dad were hit by a truck laden
with explosives. Among the 22
dead in that attack was top U.N.
envoy Sergio Vieira de Mello,
and it was blamed on a group


that later affiliated with al-Qai-
da.
The U.N. offices are in the
upscale Hydra neighborhood of
Algiers, which houses many for-
eign embassies and has a sub-
stantial foreign population.
The U.S. Embassy said it was
"implementing more robust
security procedures while- we
assess the current security situ-
ation," according to a statement
on its Web site. The Embassy
was open Wednesday.
"Algerians are completely
united against terrorism,"
Medelci said, insisting that the
attacks did not portend "civil
war."
Asked about the possibility
of attacks elsewhere in North
Africa, he said: "It's everyone
who is targeted, sooner or lat-
er."
The French Embassy urged
"great vigilance" and said that
though violence had largely
died down in recent years,
"recent attacks show that it is
time for a return to the most
.extreme prudence."
"The renewed threat by al-
Qaida against French interests
in North Africa cannot be
ignored," the embassy said on
its Web site.
Al-Qaida has called for
attacks on French and Spanish
interests in North Africa.
French President Nicolas
Sarkozy visited Algeria last
week.
Al-Qaida's self-styled North
African branch, in a posting on
a militant Web site, said two
suicide bombers attacked the
buildings Tuesday with trucks
carrying 1,760 pounds of explo-
sives each.
It described the U.N. offices
as "the headquarters of the
international infidels' den." The
other target, Algeria's Consti-
tutional Council, rules on the
constitutionality of laws and
oversees elections.
Algerian Interior Minister
Noureddine Yazid Zerhouni
said the government was "cer-
tain" that al-Qaida's North
Africa affiliate formerly
known as the Salafist Group for
Call and Combat, or GSPC -
"was behind the attack."
Militants arrested after pre-
vious bombings in April had
identified the U.N. offices and
the council building as future
targets, Zerhouni said, accord-
ing to the official APS news
agency.
At least 11 U.N. employees
were believed to be among the
dead, U.N. deputy spokes-
woman Marie Okabe said in
New York on Tuesday night.
"There are still a number of
people unaccounted for, a num-
ber of people trapped under the
rubble," Okabe said. About 175
U.N. employees worked in
Algeria.
Al-Qaida in Islamic North
Africa is thought to have only
several hundred fighters but has
resisted Algerian security
sweeps. Its members have
rejected amnesty offers and
have turned their sights from


toppling the government to
waging holy war and fighting
Western interests.
Algeria has been battling
Islamic insurgents since the ear-
ly 1990s, when the army can-
celed the second round of the
country's first multiparty elec-
tions, stepping in to prevent
likely victory by an Islamic fun-
damentalist party.
Islamist armed groups then
turned to force to overthrow
the government, with up to
200,000 people killed in the
ensuing violence.


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Israeli-Palestinian peace talks get off




to rocky start after seven year freeze


* JERUSALEM

Till' highly anticipated'
renewal of peace talks
between Israel and the Pales-


tinians got off to a rocky start
Wednesday, with the Pales-
tinians criticizing Israel for a
construction project planned
in disputed east Jerusalem, and


Israel complaining about con-
tinued rocket fire from the
Gaza Strip, according to Asso-
ciated Press.
The Palestinians have said


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the planned construction in the
Har Homa neighborhood,
along with Israeli military
activity in the Gaza Stip, have
threatened to undermine the
new peace talks.
The Palestinian delegation
"introduced the issue of Har
Homa and expressed our out-
rage," said negotiator Saeb
Erekat.
"We are coming to negotiate
over Jerusalem and borders,
and the dictation and facts on
the ground continue," he
added. "If you want to restore
the credibility of the peace
process, the Israeli govern-
ment must revoke this order."
He said there were no imme-
diate plans to meet again.
Wednesday's meeting was
the first formal negotiating ses-
sion since Israeli Prime Minis-
ter Ehud Olmert and Pales-
tinian President Mahmoud,
Abbas relaunched the effort
at last month's Mideast con-
ference in Annapolis, Md. The
last peace talks broke down in
violence in January 2001.
At the gathering, the two
leaders set an ambitious tar-
get of December 2008 for con-
cluding a peace agreement that
would end six decades of con-
flict.
The troubles at Wednes-
day's meeting, which lasted
only 90 minutes at a Jerusalem
hotel, showed just how far the
sides have to go.
Initially scheduled to kick
off with a ceremonial launch at
the ornate King David hotel,
the talks were held secretly at
another hotel in the city.
Negotiators sped away from
the meeting without com-
menting to reporters who dis-
covered the site of the talks
after they had begun.
Conflicting claims to
Jerusalem are just one of the
thorny issues to be resolved in
the coming year.
The Palestinians seek east
-Jerusalem,.which Israel cap-
'"'tred in the 1967 Mideast War,
as the capital of a future inde-
pendent state.
Israel considers all of the city
its capital, though Olmert has
signaled he would be willing
to relinquish outlying Arab
neighborhoods.
Other core issues negotia-
tors must tackle include the
final borders of a Palestinian
state, the future of Jewish set-
tlements in the West Bank and
the fate of millions of Pales-
tinian refugees whose families
lost properties during Israel's
1948 War of Independence.
The Hamas militant group's
violent seizure of the Gaza
Strip in June has further com-


plicated matters. Abbas' lack
of control over Gaza has
raised questions about his abil-
ity to carry out any future
peace deal.
Discussing Wednesday's
talks, an Israeli official con-
firmed the Palestinians com-
plained about Har Homa, Jew-
ish settlement construction in
the West Bank and Israeli mil-
itary activity in Gaza.
The official, speaking on
condition of anonymity
because he was not authorized
to discuss the meeting with the
media, cited a "tense atmos-
phere" and said Israel com-
plained about ongoing Pales-
tinian rocket fire from the
Hamas-controlled Gaza Strip.
Early Wednesday, Palestin-
-ian militants fired 20 home-
made rockets toward Israel,
causing minor damage and
lightly wounding one woman,
Israeli officials said.
The barrage came hours
after Israeli forces ended a
broad incursion into the
coastal strip that killed six mil-
itants and left a wide swath of
damage in its wake.
Israel is pursuing peace with
Abbas' moderate government
in the West Bank. At the same
time, it continues to battle the
Hamas militant group, which
has ruled Gaza since defeat-
ing Abbas' forces in June.
Israel regularly carries out
brief ground incursions and
airstrikes in Gaza in a bid to
stop Palestinian rocket and
mortar attacks on southern
Israeli towns.
In southern Israel, the may-
or of the small town that has
borne the brunt of the rocket
attacks announced his resig-
nation, saying the situation is
"impossible." Eli Moval said
he hoped his resignation will
spur authorities into action
against Hamas.
The Islamic Jihad militant
group said it fired nine of the
rockets to avenge Israel's
incursion. "The resistance is


going to escalate the opera-
tions targeting the Zionist
colonies in the coming hours,"
said Abu Ahmad, a
spokesman for the group.
Later Wednesday, an Islam-
ic Jihad militant was killed
while firing a mortar in cen-
tral Gaza.
The group said the man was
killed by Israeli fire, but the
Israeli army said it was not in
the vicinity.
Tuesday's operation, in
which tanks and bulldozers
pushed 2 1/2 miles into south-
ern Gaza, was the broadest
push since the Hamas
takeover. Early Wednesday,
the troops had withdrawn to
a buffer zone along the Israeli
border.
.The. Israeli forces left behind
heavy damage to al-Fukhari.
a farming community near the
southern town of Khan You-
nis.
About 75 acres of olive trees
and orange groves were
uprooted. greenhouses and the
outer walls of homes were
damaged, and homes were left
without power. said Ouda
Alomar, mayor of the com-
munity.
Repair crews were trying to
restore electricity and reopen
roads that were closed with
dirt mounds put up by the
troops, he said.
Olmert convened his secu-
rity Cabinet, a group of top
political and defense officials,
to discuss the Gaza situation.
Officials decided to continue
the police of brief incursions
into Gaza. but decided against
launching a broad invasion of
the area.
One Cabinet member,
speaking on condition of
anonymity because he was not
authorized to talk to the
media, said officials are con-
cerned that a broad invasion
would cause heavy casualties
to Israeli troops and
damage the prospects for
peace talks.


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PALESTINIAN POLICE officers loyal to President Mahmoud Abbas
patrol in a street in the West Bank city of Jenin, Wednesday, Dec. 12,
2007. The first formal Israeli-Palestinian peace talks in seven years got
off to a rocky start Wednesday, with the Palestinians lambasting Israel
for a new construction project planned in disputed east Jerusalem, a
Palestinian official said.


I

SAL O NW!

THOG THEENIR

MONTHOF DEEMBE


PAGE 24, THURSDAY, DECEMBER 13, 2007


THE TRIBUNE






THURSDAY, DECEMBER 13, 2007, PAGE 25

M m ^ |~ ^l~l*^-r "l*l' - -** ""*""" "!iiiiii'ii '' i." H t *f -" "i""ii.iju~iii_~ii.^~


DECEMBER 13, 2007


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


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Survivor: China "Hello, I'm Still a
Person!" (N) n (CC)


The Office Competing Christmas
parties; Michael gets dumped for the
holidays. 1 (CC)


Are You Smarter Than a 5th Grad-
er? A teacher and a salesman each
play for $1 million. (N)


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CSI: Crime Scene Investigation Without a Trace "Claus and Effect"
An investigation uncovers illegal dog A college student working as Santa
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30 Rock The an- Saturday Night Live Christmas f (PA) (CC)
nual Ludachrist-
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Don't Forget the Lyrics! Missing
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News (N)(CC)


S W Jeopardy! (N) Ugly Betty Betty finds out that Wil- Grey's Anatomy The residents and (02) Big Shots "he Better Man'
Q W PLG (CC lhelmina's bodyguard is taking the interns treat the victims of a mas- Duncan tries to steal a rising super-
job to a new level. f (CC) sive explosion. 1 (CC) model. (N) 0 (CC)

(:00) CSI: Miami The First 48 "Pack of Lies" Detec- The First 48 "Hard Fall" Airline ex- The First 48 (CC)
A&E "Deadline" f tives investigate a stabbing. (CC) ecutive.(CC)
(CC)
(:00) BBC World BBC News World Business BBC News Inside Sport News
BBCI News America (Latenight). Report (Latenight).
BET The Black Car- Keyshia Cole: The Way It Is (CC) American Gangster (CC) Movie Special1 Movie Special
BEpet (CC) Am Legend" JCC)
CBC Little Drummer Aladdin: The Magical Family Musical A poor young boy falls in love CBC News: The National (N) (CC)
Boy (CC) with a princess. (N) (CC)
I NC (:00) Kudlow & Fast Money Deal or No Deal Contestants get a Ultimate Fighting: From Blood
C N Company (CC) chance to win money. f (CC Sport to Big Time (N)
iCN00) Lou Dobbs Out in the Open Larry King Live (CC) Anderson Cooper 360 (CC)
NN night (CC)
Scrubs "My Road The Daily Show The Colbert Re- SUPER TROOPERS(2001, Comedy) Jay Chandrasekhar, Kevin
COM to Nowhere"t With Jon Stew- port Larry King. Heffernan, Steve Lemme. Budget cuts threaten the jobs of five state
(CC) art (CC) (CC)troopers. (CC)
Cops 'Coast to Bait Car Bait Car Inside American Inside American Forensic Files Forensic Fles
COURT coast" )n(CC) Jail Jail 'All Fall Downd
The Suite Life of ** THE POLAR EXPRESS (2004, Fantasy) Voices of Tom Hanks, That's So Raven Life Wh Derek
DISN Zack & Cody n Michael Jeter, Nona Gaye. Animated. A conductor guides a boy to the The Grill Next /C (CC)
_CC) North Pole. 'G' (CC) Door'
rY This Old House This Old House Sweat Equity Cool Tools Cool Tools Desperate Land- Wasted Spaces
DIY Exterior finish. n (CC) scrapes
DW Thadeusz Journal: Tages- Bundesliga Kick Journal: In Euromaxx Journal: Tages- Im Focus
DW them Off Depth them
E! The Daily 10 (N) SnoopDogg's TheSoup Pre- 20 Most Horrifying Hollywood Murders Murders of celebrities.
E Father Hood sents
N NFL Live (Live) SportsCenter Special (N) (CC) High School Basketball Oak Hill Academy (Va.) vs. SortCenter
ES N (C) St. Benedict (N.J.). From Benton, Ky. (Live) (CC)
ESPNI UEFA Champi-. UEFA Champions League-Soccer Porto vs. Besiktas. (Taped) SportsCenter- International Ed-
CorNI ons League floon(Uve)
WTN daily Mass: Our Life on the Rock Parable The Holy RosaryBackStage ThePurLife
EWTN Lady
F0IT TV )Cardio FitNation "Aches & Pains" Pro ath- Insider Training Jiu Jitsu fighter Deadly Arts "MuayThai Maledom-
FIT TV Blast n (CC) letes share advice. (CC) Jean Jacques Machado. (CC) inated world of Muay Thai.
FOX-NC Fox Report- The O'Reilly Factor (Live) (CC) Hannity & Colmes (Live) (CC) On the Record With Grata Van
SFOX-NC hepard Smith Susteren (Live) (CC)
CC C Mind, Body & College Basketball Miami at Mississippi State. (Live) Nothn'But The FSNFinal
FSNFL Kickin' Moves Knockouts Score (Live)
G LF My World 19th Hole Golf Central PGA Tour Golf Target World Challene First Round. From Sherwood
GOLF I(Live) Country Club in Thousand Oaks, Calf.
G N 00) Weakest Who Wants to Be a Millionaire n That's the Ques- Family Feud Family Feud Chain Reaction
GSN ink (CC) (CC) tion (CC) (CC) (CC)
4 h (:00) Attack of X-Play"Assas- X-Play Cops 2.0'Fort Cops 2.0'Fort Ninja Warrior NInja Warior
G4Tech the Show! (N) sin's reed." Worth" n (CC) Worth' (CC)
(:00) Walker, Walker, Texas Ranger A rookie cop THE NOTE (2007, Drama) Genie Francis, Ted McGinley. A woman takes
HALL Texas Ranger taking the fall for corruption holds a trip to deliver a note to a stranger. (CC)
n (CC) Alex hostage. n (CC)
Buy Me Louis & Holmes on Homes "Clean Slate" Dream House Over Your Head Disaster DIY Junk Brothers
HGTV Gonda' n (CC) n (CC) Building costly re- n (CC) Renovatng a TheDrsser&
training walls, basement. (N) Fireplace Set
NSP Morris Cerullo Breakthrough Love a Child Inspiration To- Life Today (CC) This Is Your Day The Gospel
INSP (CC) day (CC) Truth
Reba Brock lies My Wife and According to Family Guy Pe- Family Guy "Eu- Two and a Half Two and Half
KTLA to Kyra about Kids "Calvin Jim (CC) ter's married to ropean Road Men Wedding Men (CC)
past drug use. Goes to Work" the mob. (CC) Show" n plans. (CC)
Still Standing Reba Cheyenne Reba Secretive CHRISTMAS CHILD (2003, Drama) William R. Moses, Megan Follows,
LIFE Household chaos competes for at- Kyra's e-mail gets Muse Watson. A mystery photo leads a journalist to a smalltown. (CC)
erupts. tention. t (CC) hacked. n
SMSNBC :00 Hardball Countdown With Keith Olber- Live With Dan Abrams In the Shadow of Justice
B C mann
MICK Ned's Declassi- Drake&Josh Full House (CC) Home Improve- Home Improve- GeorgeLopez G Lopez
NICK ied School (CC) ment (CC) ment (CC) () f )(
STV Smarter Than a Survivor: China "Hello, I'm Still a Shark n (CC) News (N) A News
iN V 5th Grader? Person!" (N) n (CC) (CC)
SPEED Pinks Pinks All Out Pinks All Out From Reading, Pa. NOPITunervi- NOPITnervi-
Against All Behind the Michael Youssef Bishop T.D. This Is Your Day Praise the Lord (CC)
TBN Odds (CC) Scenes (CC) Dr. Michael Jakes (CC) (CC)
Youssef. (CC)
Everybody Friends Monica Friends Chandler Seinfeld Seinfeld "The Seinfeld "The Senfekd Jerry
TBS Loves Raymond feels slighted by bonds with Moni- George's holiday Pick" ,' (CC) Mom & Pop causes a roman-
r (CC) Rachel. t (CC) can's father, alternative. Store'" (CC) ticdisaster.
(:00) Overhaulin' Wrecks to Riches "1957 Chevrolet" American Chopper The crew works SEMA 2007: The World's Greatest
TLC Episode 18" Environmentally friendly makeover. on a Christmas-themed, Santa's Car Show New cars and automotve
(CC) (CC) sleigh motorcycle. (CC) accessories. (N)
(:00) Law & Or- NBA Basketball Washington Wizards at Miami Heat. From the AmericanAirlines Arena in NBA Basketbl
TNT der "A Losing Miami. (Live) (CC) Spurs at Lakers
Season" n
-ON Home for Imagi- Camp Lazlo A Johnny Bravo My Gym Part- Grim Adven- Ed,Edd nEddy Narto
TOOI I N nary Friends "Kamp Kringle" Christmas near's a Monkey tures Habits.
V5 0) Toute une Questions pour un champion Nec plus ultra Urbania
T vhistoire_______ _____________
TWC Weather Ven- Abramss & Bees Weather: Evening Edition (CC)
I tlures Hawaii.
(:00)Yo Amoa Amar sin Limites Un hombre lucha Pasi6n Una historic que toma lugar Aquly Ahora La bacteria que re-
UNIV Juan Querend6n para salvar a la mujer que ama. (N) entire pirates y fortunes. sister los antibi6ticos.
(N)
(:00) Law & Or- Law & Order: Special Victims Unit Law & Order: Special Victims Unit Law & Order: Criminal Intent The
USA der: Criminal In- Detectives pick up the trail of a child "Dependent" A mob lawyer and his execution-style shooting of four col-
tent 0 (CC)s pornographer. f (CC) wife are attacked. (CC) lege freshmen. (N) (CC)
VH1 :00) I Love the I Love the '90s: Part Deux Oprah I Love the '90s: Part Deux What Perez Sez About 2007 A
VHR 90s: Part Deux talks about Mad Cow disease. ft "SpongeBob SquarePants." ft
VS Ruger's Adven- Outdoor Adven- The World of Legends of the Ring Roy Jones Jr. vs. James Toney, IBR super mid-
__ lures. tures Beretta (CC) dleweight title, from Nov. 18,1994.
S 00) America's ** CASPER (1995, Fantasy) Christina Ricci, Bill Pullman, Cathy Mo- WGN News at Nine (N) ) (CC)
WGN Funniest Home riarty. Teen befriends Casper, the friendly ghost. ft (CC)
Videos n (CC)
Family Guy Pe- Smallville "Gemini" Chloe tells Jim- Supernatural "A Very Supernatural CW11 News at Ten With Kaity
W PIX ter s married to my that she is a meteor freak. ft Christmas" A murderer pulls his vic- Tong, Jim Watkins (N) (CC)
the mob. (CC) (CC) times up through chimneys.
Jeopardy! (N) Dr. Phil n (CC) News (N) Jeopardyl (CC) Fraser Frasier FrasierThe Ski
W SBK (CC) fears he is mid- Lodge" (CC)
dle-aged. (CC)

S (5:45) * Costas NOW A profile of ballplayer * THE HILLS HAVE EYES (2006, Horror) Aaron Stanford, Kathleen
H BO-E EVER AFTER David Ortiz; cheating in sports; the Quinlan, Vinessa Shaw. Bloodthirsty mutants hunt fresh meat. 0 'R'
(1998) 'PG-13' year in sports. (CC) (CC)
*', DECK THE HALLS (2006, Comedy) Danny DeVi- Mayweather/Hat- Mayweather/Hat- Mayweather/Hat- Mayweatherat-
H BO-P to, Matthew Broderick. Neighbors clash over decora- ton 24/7 f (CC) ton 24/7 f (CC) ton 24/7 A (CC) ton 24/7 n (CC)
tion glare. C\ 'PG' (CC)
(:00) LIFE SUPPORT (2007, Dra- (:45) *t* EVER AFTER (1998, Romance) Drew Barrymore, Anielica Huston, Dougray
H BO-W ma) Queen Latifah, Anna Deavere Scott. A courageous scullery maid wins the heart of a pnnce. A 'PG-13' (CC)
Smith. (CC)
16:45) * AN OFFICER AND A GENTLEMAN * LITTLE MISS SUNSHINE (2006, Comedy- (:45) Fred Claus:
H BO-S (1982, Drama) Richard Gere. A hardened loner enlists Drama) Greg Kinnear, Steve Carell. Members of a dys- HBO First Look
in the Naval Aviation Corps. 'R' (CC) functional family take a road trip. f 'R' (CC) (CC)
(5:50) *** SUPERMAN RE- * NOTES ON A SCANDAL (2006, Drama) Cate EPIC MOVIE (2007) Kal Penn.
MAX-E TURNS (2006, Adventure) Brandon Blanchett, Judi Dench. A veteran teacher learns of a Four adult orphans have an incredi-
Routh. 'PG-13' (CC) new colleague's affair with a student. f 'R' (CC) ble adventure.'PG-13' (CC)
(.10) *', BEVERLY HILLS COP III (1994, Comedy- FAIR GAME (1995, Action) William Baldwin, Cindy Passion Cove
MOMAX Drama) Eddie Murphy. Axel Foley uncovers criminal Crawford. A Miami attorney finds herself on the run "Sin and Skin"
activities at a theme park. f 'R' (CC) from assassins. f 'R' (C ) 0 (CC)
(6:30)** THE * INTO THE BLUE (2005, Adventure) Paul Walker, Jessica Alba, Dexter "Left Tum Ahead" (iV) Dex-
SHOW HIRD WHEEL Scott Caan. iTV. Four divers cross paths with drug smugglers. f 'PG-13'ter finds himself dodging bullets. f\
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TMC


SWPBT

0 WFOR

0 WTVJ

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Let Chkcrlie he
BakamiCain Puppet and
Wis sidekick Derek puAt
some. s ile-s on yoluA'


kids's faces.


i


BinI OLyoA children to the

Mc0Happy fHour at fMcDovnaId's iv

Palmdale every TkLrsday

from 3:30pm to 4:30pm during the

moVth ofDecember 2007.


Enjoy Great Food, Prizes and Lots of Fun.


'mo '
i'm lovin' it


'I


Sirply the Best


w.i


'N.


vi'e Gift CertiFfic ate!

Make great gifts_.i


THE TRIBUNE

THURSDAY EVENING


Visions of Puer-
to Rico n (CC)
The Insider (N)
n (CC)
Access Holly-
wood (N) (CC)
Deco Drive


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AME 6(2005) Maxwell, Hill Harper. A poor writer and a wealthy friend Latifah, Grard Depardieu. A terminally ill woman lives
Michael Keaton. are destined for love. 'R' it up on vacation. f 'PG-13' (CC)


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PAGE 26, THURSDAY, DECEMBER 13, 2007


THE TRIBUNE


I COICS AGE


Tribune Comics

JUDGE PARKER


*LOOKS LIKE IT1S TIME FOR U1UD STOARTBEING
o FOR CHRISTMAS."


CALIN 0U'tREGOING TO
BE LME FOR SCHOOL I
-.- GET UP! -


Solution to an Even-Money Guess


South dealer.
North-South vulnerable.
NORTH
*AQ7
V854
*AQ2
+QJ63
WEST EAST
*K10432 +J9865
SQ96 T-
*105 *87643
*K82 41094
SOUTH
4-
VAKJ 10732
*.KJ9
*A75
The bidding:
South West North East
1 Pass 2NT Pass
6T
Opening lead ten of diamonds.
When as declarer you're faced
with what appears to be an even-
money guess, you can sometimes
improve the odds by analyzing the
way an opponent has elected to
defend.
Take this case where South was in
six hearts and West led a diamond.
Had West led anything else, declarer
would have made the slam easily.
Even with the diamond lead, the
contract seemed certain, but when
declarer won with the king and
played the ace of hearts, East showed
out and presented South with a deli-
cate problem as to how to continue.
The obvious way of trying to


P

R


N


E


II
Il

L
M


The


the mi
f in
2am

tIlK


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


T
R
I
B
U
N
E


T
w
0


I
N





E




R
0




W
0
R


CRYPTIC PUZZLE

I


1 It's time an unruly
pair got left (5)
2 Gets old in a nice way (7)
4 Fat lad, outside-right (4)
5 Superior fur is obviously
not bad (6)
6 Underground railway just finished
in Rome, possibly (5)
7 Start queuing for some potatoes,
one's ration (5)
9 Are you angry at losing yours? (3)
12 Recover or obtain properly (7)
14 Start working up a racket (3)
16 Hate needing half an hour yet to
make harbour (5)
17 Smooth shiny keels, perhaps (5)
19 Ground one's teeth at what possibly
' hangs over the Editor (7)
20 An old coin in strange argot (5)
21 Possibly paired New York with part
of London (5)
23 Royal train? (7)
24 tastes what a friend had to eat (6)
25 The label of a secret agent (3)
27 Great man absurdly glum about
nothing (5)
28 What's better is hard to find (5)
30 Finish up in outer Wembley with a
woman (5)
32 City of madrigals (4)
33 It's in evidence after rain in
Bermuda (3)


DOWN


ACROSS
3 Mayoe a picture book (5)
8 Prays for something that might feel
like rain (5)
10 It's in our blood (5)
11 A rotten ingrate? (3)
12 Big and brilliant (5)
13 Thought to be like
walnut veneer? (7)
15 Bigheaded despicable persons,
these kids? (5)
18 Wet or dry, it's unwanted (3)
19 Comprehensive reason to make all
go staggering round the Boar's
Head (6)
21 Green drink? Red or white,
rather (3,4)
22 Light to raise, when told (4)
23 Dramatic part of New Orleans (4)
24 Stapler used as an aid
to dressing (7)
26 Unprincipled morning test (6)
29 Derby, perhaps (3)
31 Of a sound quality not managed by
a novice (5)
32 Ruling systems upsetting to mere
Gis (7)
34 Singular thing to shoot in a
canoel (5)
35 None can match her (3)
36 A note to leave out for a bit of
peace (5)
37 Rosy? Very much so! (5)
38 Two fine boys (5)


CRYPTIC SOLUTIONS
ACROSS: 9, T-her-eupon 10, On Ihe ons e 12, Re(pair)ed 13,
Screen 14, 1-m-a-gin-e 15. Love-birds 17, Or.-aniser 18, Settles
19, C-offer 20, Dash 23, I'o a.yaite 25, Con-tender 26, Go-ih
27, Sl(I)aied (rev) 29, In a word 3', tight-ened 4, My-ster-ies
35, Retrial 36, N-ormal 37, Etna (rev) 38, Ex.presses 39, Un-
checked
DOWN: 1, Star-ties 2, Reservations 3, Epicures 4, Ang-E-Is 5,
Going off 6, String bean 7, R-em-ain's 8, Re-searcher 11, Om-I
ts 16, B-all-ad 19, Cue (queue) 21, And no mistake 22, D-eb-ate
23, Page-turner 24, At long last 25, C-O-D 28, ri-dines-s 29,
Inst-an-ce 30, Dis-bands 31, Strikes 33, Get-up 34, Mark up


EASY SOLUTIONS
ACROSS: 9, Alligator 10, Elaborate 12, Luck 13, Gaelic 14,
Trainer 15, Seemingly 17, Increases 18, Essence 19,
Bangle 20, Hi fi, 23, Waistcoat 25, Tarpaulin 26, Dull 27,
Sticky 29, Glasses 32, Signalman 34, Thesaurus 35,.
Reasons 36, Runway 37, Stye 38, Athletics 39, Elections.
DOWN: 1, Carlisle 2, Glockenspiel 3, Strangle 4, Brolly 5,
Reaction 6, Particular 7, Forages 8, Depression 11, Aunts
16, Ignite 19, Bet 21, Illustration 22, Banana 23,
Widespread 24, Optimistic 25, Toy 28, Contrast 29,
Grenades 30, Suspense 31, Bayonet 33, Graph 34,
Tanner.


3 Veracity (5)
8 .. Fundamenal. (5)
10 Helicopter ade (5)
11 Pull (3)
12 Military student (5)
13 Funny [7J
15 Under 5)
18 Hill (3)
19 Fascination
21 Equilibrium (7)
22 Transaction
23 e4ruse (41
24 Relegated (7)
26 Tooth covering (6)
29 Section (31
31 Valleys (51
32 Quicktl5
34 Scope
35 Negative (3)
36 Large house (5)
37 Stilled (5)
38 At no time (5)


loom
1 Conductor's stkk 5)
2 Us"numbers (7
5 Triple (6)
6 Boardin house (5)
7 Engine I)
9 Total (3
12 Burnt sugar tl/
14 Mountain pass (3)
16 Enticed (5)
17 Feeble (5)
19 Tumbler (7)
20 Appended(5)
21 Trite (5)
23 Entourage (7)
24 Lust (6)
5 Gratuity (3
27 Of birth (5)
28 Fruit (5)
30 Change S)
32 Mature (4)
33 Speck (3)


overcome the unlucky trump break
was to rely on a club finesse, hoping
East had the king. If South had
adopted this line of play, though, the
finesse would have lost and he would
have gone down one.
But South spotted an alternative
line of play that had at least as good
a chance of succeeding as relying on
the club finesse. So he drew a second
round of trumps and then cashed the
A-Q of diamonds.
West could have ruffed the last
diamond, but, not anxious to be on
lead, he discarded a spade. South
now had to make a crucial decision,
since he was in dummy for what
appeared to be the last time. The
question was whether to throw West.
into the lead and force him to return
a spade or a club, or whether to cash
the ace of spades, discard a club and
then take a club finesse.
Declarer decided that the reason
West had not ruffed the diamond was
that he did not feel he was in position
to make a safe return.
The location of the king of spades
was superficially a 50-50 proposi-
tion, but West's reluctance to take the
lead indicated he very likely had that
card. So South thrust West into the
lead with a trump.
Against this play, West could do
nothing. A club return would auto-
matically give South 12 tricks, while
a spade return would allow dummy's
queen to win to produce the same
result.


there must be at least one
nine-letter word. No plurals.
TO Vs-nT
Good 16 very good 24; excellent
32 (or more).

Solution tomorrow.


adsorb band bard barn baron
boar board bond boon boor
born boron boson brad bran
brand brawn broad brood
brow brown drab snob
SNOWBOARD sorb swab


THURSDAY,
DEC13

ARIES March 21/April 20
Remember that you are free to make
your own decisions in life, Aries.
Don't let others tell you what to do
this week.
TAURUS April 21/May 21
Usually, you prefer to play it safe,
but this week you may be tempted
to gamble on something. Be careful,
this is not a good time to take risks
with what you own and earn.
GEMINI May 22/June 21
You'll feel a burst of energy this
week, Gemini. The good times have
returned for you. Live it up -
you've worked hard in recent weeks,
and deserve the chance to celebrate.
Getaway for the weekend if you can.
CANCER June 22/July 22
You want to succeed in the world at
large, Cancer, and at long last, the
chance to prove yourself has
arrived. Make the most of it stop
dreaming and start doing.
LEO July 23/August 23
Power struggles of one sort or
another may highlight your week,
Leo, but things will get better by the
weekend. In the meantime, try to
work with people, not against them.
VIKUU Aug 24/Sept 22
You won't be able to please every-
one this week, Virgo, so you're
going to have to make a choice.
Then, you have to stick to your guns.
LIBRA Sept 23/Oct 23
Optimism is a great thing, and you
certainly have a lot of it this week,
'Libra. However, be careful not to let
this translate into risky behavior.
Even you are not invincible. "
SCORPIO Oct 24/Nov 22
Something that has worried you for
some time will no longer matter this
week. The problem itself may not
change, but your attitude toward it
will. This, as you will see, makes all
the difference.
SAGITrARIUS Nov 23/Dec 21
Are you someone who brings peo-
ple together or pushes them apart?
If you're lucky, it's the former, but
if not, now is the time to make a
positive change.
CAPRICORN Dec 22/Jan 20
You'll accomplish more if you
don't try to fit everything into a
rigid timetable this week. A little
chaos may be a good thing and
inspire you to be more creative.
AQUARIUS Jan 21/Feb 18
The trials and tribulations of recent
weeks have passed. There has never
been a better time to begin your life
anew. Think only of the future.
PISCES Feb 19/March 20
Someone out there may make life
tough for you this week, but you'll
gve as good as you get. By
Thursday, things will settle down,
and you can get back to your old self.


S Sb o nd rd


Alexander Morozevich v Sergey
Movsesian, Sarajevo 2007.
Moroievkh, who found an inspired
winning tactic in yesterday's puzzle,
b on the receiving end today
Though material is level, lack (to
move) hasa powerful attackonthe 7
open g lne, with queen, rook and A
knight all besieging White's
undefended king. A knight check d
seems indicated, and Indeed there 4
is probably more than one route to
victory here. However, some ofthe
chokes lead to a long battle of 2
queen against rook and bishop
where White has chances to
establish a defensive fortress.
Aware of the danger, Movsesian
chose the most predse move to
force resignation. What was Black's
winner?


LEONARD BARDEN


Chess: 8492:1...Nf1+12 Khl Nxh2! 3 Rxh2 Qxf3 4
Rg2 Qxg2 mate.


m U
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BLONDIE


MARVIN
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/ COMES
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DECOR










NON SEQUITUR


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THURSDAY, DECEMBER 13, 2007, PAGE 27
i_, i _Ic mm i~.'"_ "_


The Santa Claus


Christmas Committee


- $10,000


The Tribune
N Ia u aI nBm,. I s'LI IBer


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1 *
4fl
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hrte Naneau 6uarbian


pmISSBBSSSS


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-$0


The Tribune, Guardian and 100 Jamz
seek your help in giving the joy of Christmas to
hundreds of underprivileged children.
Please donate to our program and to the children.
Please drop of Cheques to The Tribune or mail to:


The Santa Claus Christmas Committee,
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Nassau, Bahamas


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.\i. E 28, THURSDAY, DECEMBER 13, 2007


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Nassau: Caves Village, Shirley St., Independence Highway, JFK Drive, Cable
Beach Roundabout, Harbour Bay, Lyford Cay
Grand Bahama: RND Plaza, Queen's Highway, Seahorse Plaza, West End
Abaco: Queen Elizabeth Drive, Marsh Harbour
Eleuthera & Harbour Island: Governor's Harbour, Jeans Bay, Bayside Liquor
Store Harbour Island
Exuma: John Marshall
Bimini: Butler & Sands


:.y'N :
i ;';.".r ti


S


S


Ni


A TV INOUN


THE TRIBUNE




THURSDAY, DECEMBER 13, 2007, PAGE 29


ENlT


with the
Omaha Nat


ERTO
ACAIR


purchase of
ural Angus Be


TH *,, ISAT ONLY December
TN ISI&I 1^ '3thb-15th


Proudly brought toyou by City Market
and The State ofNebraska
.... ... .... 'a i;


Omaha NaturalAngus
100 % Natural Beef
Minimally Processed
No Artificial Ingredients
A Variety of Cuts
100% Satisfaction Guarantee
_ .!.Available Only At City Market


,, ...*..j.. . ,....-
*. \ '' t .
, . ,
,,, .."a ,,, v ', ;u ,. . .


UAT.ER
*OM1,AHA^ i


-SPECIAAL
PRICES
SDEC. <
13th -19
i-'.


i


.LLC.


i


THE TRIBUNE





THE TF


PAGE 30, THURSDAY, DECEMBER 13, 2007


Specials good Dec 13th 19th


P-/


Dec- -tmtWijjjjjeVasjjStnjndbbceJ


WIN24
CRUISES
FOR 2
Prize value $2,000
See stores for details
SNext Drawing of
8 Cruises on Sun.,
Dec. 16th at City
Market Cable Beach


. 7.' "..
- It*L^\ ll.l
BBaE Hu30HH


Buy 2 get
1 FREE 16oz MUELL
READY CUT MACARONI
PASTA $1.25 SAVE


Buy 2 get
1 FREE 6.75 oz-7 oz
All Flavors PRINGLES
$1.99ea SAVE $1.99


Live on Cool 96.1 FM, 9am-11am


I


16tW ealnr


HBuy^ge1 FREE!
^PEPI 6 PACK^


'am&-4 Abb. i
-..-Mf-. -


Buy 2 get 1 FREE
4.6 4.9 oz
PASTA RONI I
$2.09 ea SAVE $2.09
Buy 2 get 1 FREE
Any 2 SUAVE 15 oz
SHAMPOO or
CONDITIONER
$2.15 ea SAVE $2.15

ROBIN HOOD
5 LB GRITS or
FLOUR
$2.09 SAVE 204

FREE 410 g CARDINAL
EVAP. MILK when you
BUY 1-16 oz ROYAL U
DANSK BUTTER U
COOKIES $4.99

FREE 1.5 L
NAUTILUS WATER
whenyou BUY 2
1 GALLON NAUTILUS
WATER
$2.19 SAVE $1.28


Look for other in-store specials


Buy 2 get 1 FREE
200 g
BARBER CREAM CRACKERS
$1.29 ea SAVE $1.29

Buy 2 get 1 FREE
Any 2 oz McCORMICK
BLAUCKPEPPER
$2.09ea or3.25soz
SEASON ALL- $2.19ea __
SAVE up to $2.19 -
FREE 1 Gallon -g,
GENERIC BLEACH
when you BUY BLE
1 70 oz Assorted W-
TIDE POWDER
LAUNDRY DETERGENT
S$9.39
FREE 4 oz BACARDI or A<
NASSAU ROYALE CAKE I
whenyou BUY 1- 20 oz
BACARDI or NAS. ROYALE
CAKE $16.99 SAVE $5.49


FREE 12.6 oz Assorted
JOY DISH DETERGENT
when you BUY 30 oz Assorted
LIQUID DISH DETERGENT
$3.79 ea SAVE $1.99


Your Christmas Savings are at City


Market
Market


2008 Kia Rio
Omaha
BEEF CH
CHUClU
$3.79/I
BEEF BC
$3.89/1
BEEF BC
$4.19/1
BEEF SH
$3.99 /I
BEEF B,
$2.69/I
FREE Hun
WHEN YOU
OMAHA At
RibEye St
$7.99


as well as Lights, Wra'


No Limits on regular family purchases
Store Hours: Mon. to Sat: 7:00am 9:00pm Sun: 7:00am to Noon all stores.except Harbour Bay & Cable Beach open i
Advertised products may differ from the photos shown. Some product availability may differ for Grand Bahama stores


IH **- --!I


INV 4r


I I -I


I


CE33E]
FK S3





, -uJ/, PAGE 31


;!
h1


F


FREE 11.5 oz Asst'd
BLUEBIRD DRINK
when you BUY 1
46 oz Assorted
BLUEBIRD JUICE
$2.79 SAVE 69 CRUISE ITEM


Vhi o onet-sn&fvne


FREE12 oz LIBBY'S
CORNED BEEF when you 1
S5 lb MAHATMA RICE
7 $3.09 Reg.orGold SAVE $1.59


FREE 4 Roll Reg. or Ultra Strong* 7"
CHARMIN BATH TISSUE when you BUY 1
2 Pack DESIGNER or SELECT-A-SIZE i
BOUNTY PAPER TOWELS J


lw


FREE 24 oz HERSHEY'S CHOCOLATE
SYRUP whenyou BUY Half Gal.
Asst'd IGA ICE CREAM
$4.99 SAVE up $3.48


U


ENTE TO WIN WHENYO


6Eb-u


&/M m4


^y' cand' mare are
^^f^^^1^


Natural Angus:
UCK STEAK or
MOAST
b
)TTOM ROUND ROAST
b
TTOM ROUND STEAK

ORT RIBS
b
CK RIBS
b
:'s 21.6 oz Asst'd BBQ Sauce
WUY 3 Ibs or more
IGUS Bone-in
eak or Roast
/Ib
f 1 .,I' ,I , ,I/


I


Iw


THURS
FRI& SAT
ONLY
Dec 13th -15th


Winner _
will be
drawn on
Cool96.1 FM
on Sunday
ing
P A"


FREE 8oz SARGENTO CHEDDAR
CHEESE (PLU # 53740)with the
purchase of 10 lbs or more
Smoked PICNIC HAM
$1.49/Ilb
mwm m


FREE 25oz MARTINELLI'S
SPARKLING APPLE CIDER
when you BUY 1 -16 oz
SCOTTISH SALMON
$19.99 SAVE $4.99


FREE


15.3 oz HUNGRY JACK MA:


when you BUY
5 Ibs or more
LAMB SHANKS
$2.99/lb SAVE $5.39


LIMES
7 for
99t


BUY 1 GET 1 FREE
CANTALOUPE
$3.99 ea


HOT HOT SAVINGS
COBY DVD PLAYER $39.99 ea


ppings, Ornaments, Toys, Gift Certificates and mor


SERVICE NOW AVAILABLE ATTHESE
CITY MARKET LOCATIONS:
ROSETTA STREET or
SEAGRAPES SHOPPING CENTRE


Gift
Certificates
Available


S1-D
oo


NO LIMITS
100% REDEEMABLE
ON ALL PURCHASES
except Tobacco


AINDEC1307NASFP


Buy 2 get
1 FREE Any 15 oz Assorted
LIBBY'S VEGETABLES
99( SAVE99C


'c~rV N


Fast Reliable Worldwide


I


----7--


lu~


i r' .. . .


;IBUNE


I;


9


iv--7A


E~~nl~E~~a~L~I


6-tajbo"" I

S Vlea/


'CG2GWZt


nmtil 5:00prp.


Deli Plat es pef ect for
Entertaining or Meetings





PAGE 32, THURSDAY, DECEMBER 13, 2007


A ----L~Ra


NI'


'-I


(Except Tobacco)


$tiliftfiji
a sun ~


4


2 i ES


SGift Certificate List
Teacher 1 Employees 4 Family 1 Friends
1 Clubs 4 Organizations 1 Churches Others!
Easy Ci,.-.iices I-fTapp y Budgets!


Purchase Gift Certificates at your Neighbourhood City Market or at the Support Centre on
East West Highway, Nassau or call 242 393-2830

U*^***^******^*BIUBB^^^^^^^^^^^^^^^^^^^^
JS'U^HH^^^^HI^^^^Bb^^^^^^^V^^^^^^^^^H1 a^^


4! .,?


SIMPLY MAKE A
PURCHASE FOR A


il \',Cf TO WIN $2,000




V""V
%'


in'..


EIGHT LUCKY WINNERS
CHOSEN THROUGHOUT
THE MONTH OF
1 DECEMBER


a)


,1J~


-C~I~E~ ~F IL


THE TRIBUNE


"Gift Certificates"

Not just for Turkey or Ham

but for .AI Items in the Store!


^


-.
44,1


q








THE T ES DE 20 PA a'


Venezuela

newspaper

blames govt

for lack of

dollars to buy

newsprint

* CARACAS, Venezuela
A NEWSPAPER criti-
cal of President Hugo
Chavez's government said
Tuesday it is being forced
to stop printing because
officials have failed to
give it access to U.S. dol-
lars it needs to import
newsprint, according to
Associated Press.
Publisher and editor
David Natera said the
government has a clear
political motivation for
not cooperating with his
regional daily, Correo del
Caroni, which has long
taken a critical stance.
An official at Venezue-
la's information ministry
said no response was
immediately available.
Chavez's government has
consistently denied violat-
ing press freedoms, noting
that most news outlets
remain in private hands
and many newspapers and
broadcasters take an anti-
Chavez line.
Correo del Caroni,
based in the eastern city
of Puerto Ordaz, said its
print edition will not be
published starting
Wednesday because of the
lack of newsprint. It will
continue to post news on
its Web site.
"I hole this regime
respects the rights we
have to foreign currency
... and doesn't use the
currency controls against
.freedom of expression,"
Natera said.
Chavez's government
imposed currency
exchange controls in 2003,
requiring Venezuelans
and companies to request
state authorization to
trade local currency for
dollars at the official rate,
which holds the Venezue-
lan bolivar steady at 2,150
bolivars to the dollar -
about one-third of the
black-market rate.
The head of the govern-
ment commission that
handles requests for dol-
lars acknowledged on
Tuesday that there had
been delays in processing
applications in the past
week. Manuel Barroso
blamed computer prob-
lems, saying they have
been solved. He did not
address the newspaper's
situation.
Natera, who is also a
leader among Venezuelan
newspaper publishers, has
repeatedly accused the
government of trying to
push aside critical news
media.
He said the government
does not accept hard-
nosed journalism -
"without concessions or
negotiations" as prac-
ticed by his newspaper.
Natera said he believes
the government is getting
back at him for reports he
has prepared for the Inter
American Press Associa-
tion warning of threats to
*press freedom.
The Paris-based press
freedom group Reporters
Without Borders
expressed concern, calling
on Barroso to "do what is
necessary to get things
moving and to allow the
Correo del Caroni to
resume publishing."
"We hope that exchange
controls, like the alloca-


tion of state advertising,
has not been turned into a
way of penalizing publica-
tions for their editorial
policies," the group said
in a statement.
Natera said three other
regional newspapers are
facing a similar shortage
of newsprint and have
only a few weeks' worth
in stock because they
have been unable to
obtain dollars through
the government to buy
more.


Mother of captive Colombian


says hostage breakthrough more


likely from rebels th


COLOMBIA'S PRESIDENT Alvaro Uribe leaves the government house in
Buenos Aires, Tuesday, Dec. 11, 2007.


* BUENOS AIRES,
Argentina
THE mother of a former
presidential candidate held
captive by Colombia's leftist
guerrillas said Tuesday she
expects any breakthrough in
negotiating the hostages'
release to come from the
rebels, not the country's presi-
dent, according to Associated
Press.
Yolanda Pulecio, whose
daughter Ingrid Betancourt
appeared gaunt and weary in a
recently released video, said
she met with several regional
leaders on the sidelines of
Argentina's presidential inau-
guration Monday.
She said they had agreed to
press Colombian President
Alvaro Uribe to seek a human-
itarian exchange with the Rev-
olutionary Armed Forces of
Colombia, better known as the
FARC. The rebels are seeking
to swap high-profile hostages
for jailed guerrillas.
"Frankly I expect little of
(Uribe)," Pulecio said. "1
expect a lot more of the FARC
in this moment. ... The guer-
rillas have to realize that this is
a historic moment. They must
seize this historic moment and
show they have more humani-
ty than others do."


1an president

Leaders of Chile, Brazil, Uribe says he made the d-:
Uruguay and France have also sion after Chavez spoke dirccI
pressed for a deal to win the ly with Colombia's army c:iif
release of at least 46 promi- against his wishes.
nent rebel-held hostages On Tuesday Uribe repeated
including the French-Colom- his offer to allow the first face
bian Betancourt and U.S. to-face meeting between ,f
defense contractors Thomas cials of his governmentiand
Howes, Marc Gonsalves and rebels, monitored by internal
Keith Stansell, who were tional and Roman Catholi
captured when their surveil- observers. He said there wow'
lance plane was downed in be no police and no troops ii
2003. the 95-square-mile meeting
After meeting Tuesday with zone and again insisted tha
Argentina's new president, mediators arrive unarmed.
Cristina Fernandez, Pulecio After being removed :;
counted her among those who the process, Chavez accuse(
agreed to join the internation- Uribe of betraying him an
al push. froze Venezuela's once-cordia


Chance
Pulecio reiterated that she
believes leftist Venezuelan
President Hugo Chavez has the
best chance of successfully
negotiating with the FARC,
which respects him as an ideo-
logical ally.
She criticized Uribe for
abruptly ending Chavez's role
as a mediator last month, say-
ing the Venezuelan leader's
efforts had prompted the
rebels to produce evidence that
the hostages are still alive -
including the video of Betan-
court, who has been in FARC
captivity since 2002.


d


c

g
t

d
d
Lif


relations with Colombia. Orn
Monday he signaled that he 's
intent on keeping up the diplo-
matic spat despite the harm i'
will cause to the South Amer-
ican neighbors' annual $5 il-
lion in trade.
"That commercial rcnai ii
ship ... I'm sure that's goinr ,
be hurt," Chavez told rerin or'
after Monday's inaugural.'
"Now instead of buLinI 'o
many things from Colombia 1I
will go to Brazil ... C('enra
America, Nicaragua."
Chavez also siid he ha: .,
plans to return to the Amn'.-
Community trade bloc as iongr
as Uribe's government s.
member.


Find the perfect match for


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Both provide long-lasting satisfaction with a 25-year warranty. Come in today

and talk with our Certified Color Experts* and try out our exclusive color

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Paint Supplies

sate ends December 242007


Right now get
your favorite
shade of
WeatherAll
Paint on sale
starting at


*)Or24-59103


Right now
get your
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of E-Z Kare
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starting at


iL p', -1 -- -. -
-" .V;0 A TW


et on red fged and net ins
I I I I I I I I I I I II I I I I I II I I I I I I I I-- - - - - -I I I I I I II I I II IH I I I I I I


f6I21=-d06


truo valueopint cor


House&
Kel y S Home
Tel: 393- .402 Fax F 39i 4096
I I AtfM lrTJhi Jul I-


START RIG TA
START RIGHT START HERE*


60"


i I ill I I _~ __ L


THURSDAY, DECEMBER 13, 2007, PAGE 1.


THE TRIBUNE






r/.


41 4


IY


JecemD
i^HB r ^l^Ai


Rtt


rat-


)ecembe 7th
&^I~l^^^u[.4
w ff


D-e December 19tl

1: -Tw-v.


December 2(


I December 23rd
BTC
Blackberry Pearl
Value $5991


2067 B.R.E.E.F. with info on our Bahamian Grouper
Chef Galley Williams
of Christmas Shop, Save and Win


4
- PA


f December 24th

,9 Emerald Tennis Bracelet
Value $2,500 -


lolie Asst. Bras
'-99
34B-38D
UPC# 80W-24010
80W-24010C


Ladles' Mosslmmo s/s tops

S-XL
$3UP99# 80W-MOS4
UPG# 80W-M0S44794


Men's Russell
pullover with hoodie
$Q99
vJf M-2XL
UPc'# 80M69509WI


Men's Renegade
Denim Jeans
$n99


3 ,
*-^.]


Thent DVD Player 2 Ch Ultra Slim VMom 20" Flat CRT TV
$3999 $ 7"
IJsPC 40-VD3351
Assorted -


Frigidaire Refrigerat
18cu.ft Almond White
;9;nnU;,
_QW3W


Frigidaire 14

$54


' s Assorted,
-" . .: ,, r." ""


.1 ,*


p,.^ ,
1 a


Saturday, December 15th,


12 Days


r


i~y )~ i~:~I~P~IF~Y1PPUIYIIC1LIII- II


P


* -^..










ays


Pear D'anjou


Yellow Onion" .


ITEM# 07550


ITEM 10-1452
olats Russet


Twtq Uq


34263


FIb
34873


Portions Wings
$ 09
1 /Ib
Item# 34263
Porkchop Ends


December 22nd

im i~'tti^riii^iacfcjg'lJ~fmtih^h^t


*


/Ib
Item# 36073


Item# 31583


La Yogurts


Chef Boyardee


6oz. 15oz
Assorted UPC# 6414404322


Mayfleld Ice Cream
$ 29
Assorted pint.


Coke Flavored Sodas


Mahatma Rice


So Dri
Hand Towel


09


Single Roll


ITEM# 7331025865


UPC# 1116116070


Lays' Chip;

$289 Assorted
26.5oz.


Value Time
Foam Plates


Angel Soft
Toilet Tissue


Juices Kraft American
Cheese


Silk Soy Milk Twin


49
lit 40ct.
ITEM# 1122564124


ITEM# 3040076123


)99
* 64oz.
sorted


$S3916sic.
O 12oz.
IEMm 196i80


The Perfect gift.
For anyone.
Anytime.


Open Mon-Thurs 8am-9plm
Fri & Sat 7am- l Opn &
Sun 7am 12 noon
Old Trail Road
242-393-4041
Credit Cards Accepted


gi I | Prices are valid in Products shown may vary from
!s INassau Location ONLYI actual products In stock.
WSale ends Wednesday, December 12th, 2007


a


Ham


Leg Ham


Bo.e. oak


Assorted


43 F
439FSJ-!a


,j 41bs.
UPC# 9999049086


--


~fli


SOLD
EXCLUSIVELY
at
SOLOMON'S


tnrmift ca


I i


1


100% IujICL











PAG 3, HURDA, ECEBE 1, 207TH TRIBUNE
.. . . . 1 1 IJI | II . [ I I .. ...I I I IaIII II I I I I I I


STOREWIDE JEWELRY SALE
5 '? 10o% 10A.O OrFF
ONE DAY ONLY
F_'RDAY D3ECE13VBER 14TH


STERLING SILVER
Medium Hoops
2Loop Dangle Earrings
3 Set Mutli Shape Earrings
2 Set Geometric Dangle Earrings
8" Flower Link Bracelet
7" Multi Circle Bracelet
Round ID Bracelet
30" Puffed Gucci Link Necklace
Flower Link Necklace
16" ID Necklace
17" Necklace with Double Heart
DIAMONDS
Diamond Heart Earrings
Diamond Huggie Earrings
Diamond Link Bracelet
Diamond Flower Pendant
Diamond Cross Pendant
Diamond Toe Ring
GEMSTONES
Ruby and Diamond Pendant
Amethyst and Diamond Pendant
Oval Emerald Ring
Ruby Band Ring
Amethyst Bezel Studs.. .
Ruby & Diamond Earrings
509 OFFALL WATCHES
Men's Jurgensen on Bracelet
Ladies Pink Dial Citizen
Ladies Brown Strap Seiko
Men's Seiko on Bracelet
Ladies Seiko on Bracelet


Sku#
231753
231922
231909
231915
233656
233587
222175
223528
222062
222250
233573
Sku#
229295
191181
229246
222472
188157
222078
SKU#
55978
151829
220281
216737
152093
214885
SKU#
230761
227596
226321
83500
7236127


Was
$40.00
$60.00
$80.00
120.00
$90.00
$100.00
$120.00
$300.00
$160.00
$300.00
$160.00
Was
$150.00
$400.00
$200.00
$125.00
$300.00
$150.00
WAS
$250.00
$250.00
$300.00
$400.00
$240.00
$300.00
WAS
$250.00
$235.00
$235.00
$595.00
295Q n00


NOW
$16.00
$24.00
$32.50
$48.50
$36.50
$40.50
$48.50
$121.50
$65.00
$121.50
$65.00
MOW
$60.75
$161.00
$80.20
$50.60
$121.50
$60.75
NOW
$101.25
101.25
$121.50
$161.00
$96.00
$121.50
NOW
$125.00
$112.00
$112.00
$297.50
S147.50


14k GOLD EARRINGS
CZ Heart Earrings
Diamond Cut Round Hoops
3 Piece Hoop Set
Basket Weave Hoop Earrings
Diamond Cut Fluted Hoops
Puff Heart Dangle Earrings
Dangle Tear Drop Earrings
Two Toned Triple Twist Hoops
Ball Dangle Earrings
Star Dangle Earrings
Polished Twist Hoops
Pattern Diamond Cut Hoops
CZ Snap with Heart Hoops
Multi-circle Interlocking Earrings
Oval Hoops
Double Triangle Hoops
Kissing Dolphins Earrings
Polished Huggie Earrings
3 Hoops
Ribbed Hoops
14K GOLD
20" Diamond Cut Bead Necklace
18" Snake Chain
20" Diamond Cut Rope Chain
Beaded Stackable Ring
Beaded Bangle Bracelet
PEARLS
Pearl Stud Earrings
Pearl Citrine Dangle Earrings
Multi Color Necklace/Bracelet Set
Necklace & Bracelet Set


..'-, a .l neest the gold price increase
'r!-.i.s*-t. i C-old Earrarirs at incredible prices
SALE HOURS: 8AM 8PM
(FRIDAY DECEMBER 14TH)
BAY & MARKET STREET TEL: 322-2214


4li


The prizes get bigger
. / :r/ 1 .U'Q0'' /U di L' S tJ ,t h rr.. to() and bigger every month

?in in thrr (irm iP L.* r i c; ..r n 1,7 r djw\N. Nn^hir-t1'nn
h ~November S1500


For more information visit any branch of FirstCaribbean
Or call:
New Providence 502-6800/01
Family Islands 1-242-300-2255


International Bank.


December $2,500
January $3,500
February $5,000

Grand Prize $20,000
paid over a 12 month
period in $1,666 installments.


www. fvLrktarrbbeasb aeek. c


'*J FIRSTCARIBBEAN
G T IMi 10011HOGII IR


SKU#
194157
194335
218857
194169
194186
194181
194396
218876
218847
218930
194183
194331
194144
240881
218864
194414
218912
194173
235870
202652
SKU#
210210
224456
189452
232065
232056
SKU#
230967
234888
236382
229194


WAS
$150.00
$220.00
$220.00
$170.00
$230.00
$250.00
$280.00
$330.00
$170.00
$240.00
$250.00
$270.00
$195.00
$250.00
$320.00
$330.00
$200.00
$220.00
$200.00
$290.00
WAS
$80.00
$200.00
$200.00
$130.00
$270.00
WAS
$50.00
$50.00
$150.00
$199.00


NOW
$45.00
$65.00
$65.00
$50.00
$70.00
$75.00
$85.00
$100.00
$40.00
$70.00
$75.00
$80.00
$85.00
$75.00
$95.00
:$100.00
$60.00
$65.00
$80.00
$85.00
NOW
$32.00
$80.00
$80.00
$53.50
$109.00
NOW
$20.00
$20.00
$60.75
$80.50


-mj.L Z /


w74kV.


- --------- --------- ----- ----- --- ---- --


e IIL I --


PAGE 36, THURSDAY, DECEMBER 13, 2007


THE TRIBUNE









' THE TRIBUNE ,




TR USU In DECES
THURSDAY, DECEMBER I 3, 2007


Money Safe.

Money Fast.

Mo.MyGrwne@
at

I NT R NAT I O N A I,

i BankBeifanas~ionh>amco


Bahamas-based card


customers owe bank


more than $690,000


* By NEIL HARTNELL
Tribune Business Editor
BAHAMAS-
based credit
card customers
of Leadenhall
Bank & Trust
still owe more
than $690,000 in
unpaid debts,
t th e bank's liq-
uidator reveal-
ing that they
have failed to
live up to
repayment commitments dur-
ing the 2007 second half, as he
prepares to seek Supreme
Court approval for a first dis-
tribution to the bank's credi-
tors.
In his latest report to the
Bahamas Supreme court, new-
ly-elected Bahamas Financial
Services Board (BFSB) chair-
man, Craig 'Tony' Gomez, said
some 99 Bahamas-based card
holders owed $690,221 to the
liquidation estate, the amount
having increased upon the
n... 11111 detailed in his last
report.
The latest document, cover-


ing the period between May 23,
2007, and November 30, 2007,
showed that no Bahamas-based
credit card holders had repaid
their debt during this time.
Leadenhall is owed $1.306 mil-
lion by former credit card cus-
tomers, some 310 foreign clients
collectively owing a further
$616,000.
Mr Gomez wrote: "To date,
no significant amounts have
been paid-in by persons who
made commitments to settle
their outstanding credit card
debts."
Recovery of these credit card
debts is likely to be crucial as to
whether Leadenhall's deposi-
tors and creditors recover all
their money.
The liquidation estate's bal-
ance sheet, as at November 30,
2007, shows that Leadenhall's
assets exceed liabilities by
$1.754 million, meaning that
depositors and creditors stand a
chance of full 100 per cent
recovery. Assets are $28.528
million, liabilities $26.774 mil-
lion.

SEE page 4


Ritz-Carlton construction



expected to begin within



next three to four months


* By CARA BRENNEN-BETHEL
Tribune Business Reporter
Vertical construction on the
$750 million Ritz-C('arlton
Rose Island resort is expect-
ed to begin within the next
three to four months, The Tribune was
told yesterday, pushing the project's com-
pletion date to the 2010 firstihalf rather
than the 2009 deadline the developers
had initially hoped for.
Russell Miller, the itz-Carlton Rose
Island's general manager, explained that
workers were currently dredging the
marina on the property. Some of the fill
from that will be used in the vertical con-
struction, expected to start in the 2008
first half.
Mr Miller added that workers were
also in the process of completely reno-
vating the old Harbour Club on East
Bay Street, which once completed will be
the ferry terminal that will serve as the
arrival and departure lounge for resort
guests.
It will also accommodate access for
600-800 full time employees, who will"


Project's completion

deadline is pushed back

one year to 2010 first half

from initial 2009 target


need to be transported in three trips, giv-
en. the three shifts worked by staff.
Six of the Harbour Club's rooms are
being renovated and, once completed,
will become office space for Mr Miller
and several staff members during con-
struction, plus provide some temporary
accommodations for workers as well,.
The initial Heads of Agreement for
the resort was signed between Ritz-Carl-
ton and the Government on February
13,2006.
A supplemental Heads of Agreement
was signed on April 11, 2007, to reflect


the transfer of 70 per cent of Marriott's
stake in the development to the Miami-
based GenCom Group, the investment
group headedby Karim Alibhai, which is
the majority shareholder.
Marriot retained a 20 per cent share in
the resort, with the 10 per cent balance
spilt by three other investors.
At the peak of construction, 900 jobs
will be created. The project is to include
a collection of more than 400 dwellings.
including a luxury resort, private resi-
dences and a sheltered marina to dock
luxury boats and yachts.


Private sector concerns over 'goods-only' EPA


* By NEIL HARTNELL
Tribune Business Editor
THE Government has submitted its
'goods-only'. offer to the European
Union (EU) on the Economic Partner-
ship Agreement (EPA) to the private
sector for feedback, with The Tribune
having learnt that there are concerns the
offer does not cover enough trade sectors
and goods.
Under the EPA, market access or
'goods-only' offers are designed to cov-
er 85 per cent of the goods trade between
the EU and the 77 members of the
African. Pacific and Caribbean (ACP)
negotiating group, with nations such as
the Bahamas allowed to exclude or
'reserve' a maximum 15 per cent of their
industrial sectors from the agreement's
provisions.


Yet according to a highly-placed pri-
vate sector source, speaking to The Tri-
bune on condition of anonymity, the
Bahamas 'goods-only' offer as presently
constituted covers about only one-third
of the potential goods that could be trad-
ed between this nation and the EU.
With the Bahamas falling far short of
the 85 per cent threshold, and way over
the 15 per cent exemption threshold.
there are fears that the EU might reject
its offer, given that the latter must ensure
any EPA that it signs is compliant with
World Trade Organisation (WTO) rules.
It is also understood that the Bahamas
'goods-only' offer, as submitted to the
EU, offers minimal tariff liberalisation in
a bid to protect this nation's import
duties regime, with many goods cate-
gories either excluded or placed in the
'basket' of goods were import duties will


either be reduced or phased-out over a
25-year period.
Philip Simon, the Bahamas Chamber
of Commerce's executive director,
declined to comment on the private sec-
tor's position on the Government's
'goods-only' EPA, ~,i ing it first wanted
to communicate its feedback to Zhivar-
go Laing, minister of state for finance,
who is leading the Government' efforts
on the EPA.
However, Mr Simon confirmed that
a copy of the EPA offer had been sent to
the private sector, through the Bahamas
Trade Commission and its chairman,
John Delaney, for consultation to seek its
comments.
"We know there has been a revised
draft of a goods offer. A goods offer was
prepared earlier this year by the previous
administration. This one is slightly dif-


ferent," Mr Simon told The Tribune.
Whether the former PLP administra-
tion submitted a market access offer
became a matter of political contention,
the former government contending that
tke Ambassador thIAlCOM, A.
Leonard Archer, delivered the docu-
ment to the CARICOM Regional Nego-
tiating Machinery (CRNM).
However, others argued that the
Bahamas' market access offer was never I
discussed as it was not placed on the
table to be negotiated over by this
nation, CARIFORUM and the EU.
"We're reviewing it, and a responsible
position will be made to the Bahamas
Trade Commission," Mr Simon said of
,the'goods-only'offer.

SEE page 4


Ginn to raise property


prices by mid-January

* By CARA BRENNEN-BETHEL
Tribune Business Reporter
GINN sur Mer, the $4.9-billion Grand Bahama-based develop-
ment, is expecting to raise its property prices in mid-January 2008,
The Tribune has learnt, a move that may surprise some given the
global credit squeeze that has dampened prospects for the Bahamas'
second-home market.
An e-mail circulated by Ginn's sales executive, Spencer Mallo-
ry, said: "Due to the success we have had at Ginn sur Mer this past
year, Bobby Ginn has decided to raise the prices on all home sites
as of January 15, 2008."
Mr Mallory also advises interested persons to act now because
"our prices will never be this low again. The inventory selection will
never be this great or come with as many incentives".
The potential price increase is interesting as it comes during a
global credit squeeze, which may
mniake it difficult for potential
clients to access mortgage and SEE page 5



Net metering key to

alternative energy.switch


* By NEIL HARTNELL
Tribune Business Editor
INTRODUCING net meter-
ing would be "the motivating
factor" for many Bahamian
companies to adopt alternative
energies systems, the Bahamas
Chamber of Commerce's presi-
dent told The Tribune yester-
day, as doing so would not only
reduce operational costs but
also provide an instance return
on invest meant through credits
for supplying the national grid.
Dionisio D'Aguilar, who is
also Superwash's president, said
that with energy costs becoming
an ever-increasing factor for
Bahamian businesses and com-
merce, the Government "should


look" at reducing and eliminat-
ing all import and stamp duties
on alternative energy system
components as a way of encour-
aging people to invest in it.
On net metering, which
would involve Bahamian busi-
nesses and companies receiving
credit for providing excess pow-
er from their solar energy sys-
tems to the national power
grid, Mr D'Aguilar said: "Net
metering would make a huge
difference. It would be a moti-
vating factor to a lot of com-
panies, as they would not only
reduce their operational costs,
but get a credit for selling back


i~.



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SEE page 5


*''


&'p~















B How to set up a





non-profit ftrm


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A NON-profit company
may be incorporated in the
Bahamas under. Sections 170
to 178 of the Companies Act
1992 for social, cultural, char-
itable and other non-pecu-
niary causes, as specified in
Section 14 of the Act.
Section 170 of the Act
defines a "non-profit compa-
ny" as a company with no
authorised share capital,
which is carried on without
pecuniary gain to its mem-
bers.
As a company with no
authorised share capital, the
non-profit company may be
incorporated as a company
limited by guarantee, as an
alternative to a trust struc-
ture.
By its very nature, as a
company limited by guaran-
tee, the non-profit company
is not permitted to make dis-
tributions to its members. It
can only make payments for
charitable purposes, as the
objects in its Memorandum
of Association must specifi-
cally state.
Notwithstanding that fact,
each member participates
equally in the assets of the
company, irrespective of any
variation in subscriptions
paid, unless contrary provi-
sions exist in the Articles of
Association.
Each first director becomes
a member of the company
upon the incorporation of a
non-profit company. The
directors of the non-profit
company may also make the
cOmpany's by-laws.
The minimum number of
directors for a non-profit
company is three directors.
There is no restriction on
the number of members of a


Legal


Ease


non-profit company, unless
otherwise determined by the
Articles of Association.
The Articles of Association
of the company may provide
for more than one class of
membership, the designations
and terms of which must be
specifically stated.
A person is permitted to be
admitted to a non-profit com-
pany by resolution of the
directors, subject to the pro-
visions of the Articles of
Association.
Each member of a non-
profit company may have one
or more votes or no votes,
depending upon the Articles
of Association.
With regard to the transfer-
ability of membership in a
non-profit company, the
interest of a member may not
be transferable, unless other-
wise stated in the Articles of
Association. Such member-
ship will lapse and cease to
exist upon the resignation or
death of the member. How-
ever, the interest in the non-
profit company may contin-
ue, notwithstanding the ces-
sation of membership.
Section 178 (2) of the Act
states: "Where the Articles
do not provide for the distrib-


ution of its remaining proper-
ty, the property of a non-
profit company may, by reso-
lution of directors, after pay-
ment of all debts and liabili-
ties, the remaining property
[can be] be distributed or dis-
posed of to any organsation
in the Bahamas, the under-
taking of which is charitable
or beneficial to the communi-
ty at large."
The non-profit company is
incorporated in a similar way
to that of a regular Compa-
nies Act company, with the
requirement to reserve and
confirm the availability of the
name at the Companies Reg-
istry of the Registrar Gener-
al's Department for 90 days,
and prepare and submit the
Memorandum and Articles of
Association of the company
(with its specific objects), in
order to incorporate the com-
pany.
However, a draft copy of
the Memorandum and Arti-
cles of Association of the
non-profit company is
required to be submitted to
the Registrar General for
review, before submission for
incorporation of the compa-
ny, in order to verify and con-
firm the objects and purpose


of the company, in accor-
dance with the provisions of
the Act.
Once the Registrar Gener-
al has confirmed that the
objects of the non-profit
company are for a charitable
or non-pecuniary purpose, in
conformity with Section 14 of
the Act, the draft Memoran-
dum and Articles of Associa-
tion must be finalised, prop-
erly executed by the first
directors, and re-submitted to
the Companies Registry for
incorporation.
Stamp duty in the amount
of $5 must be paid to the
Public Treasury, and an
incorporation fee of $330
must be paid to the Compa-
nies Registry on submission
of the Memorandum and
Articles of Association, and
incorporation of the non-
profit company.

2005. Tyrone L. E.
Fitzgerald. All rights
reserved. NB: The informa-
tion contained in this article
does not constitute nor is it a
substitute for legal advice.
Persons reading this article
and/or column, generally, are
encouraged to seek the rele-
vant legal advice and assis-
tance regarding issues that
may affect them and may
relate to the information pre-
sented.

Tyrone L. E. Fitzgerald is a
practising attorney with
Fitzgerald & Fitzgerald.
Should you have any com-
ments regarding this article,
you may contact Mr Fitzger-
ald at Suite 212, Lagoon
Court Building, Olde Towne
Mall at Sandyport, West Bay
Street, P. 0. Box CB-11173


Answers sought on Florida


investment pool withdrawal


* By DAVID ROYSE
Associated Press Writer

TALLAHASSEE, Florida
(AP) Withdrawals from
Florida's local government
investment pool appear to be
settling down, a financial firm


said Tuesday, as the board that
oversees the fund continued to
push for answers about how the
pool was hit by a multibillion-
dollar run last month.
The State Board of Adminis-
tration's trustees on Tuesday
continued to push for answers
to how the fund invested in
mortgage-backed securities that
ratings companies downgraded.
That led local governments to
withdraw more than $13 billion
in a run that was stopped by
closing off access to the account
for a week.
The board also unanimously
named a new interim executive
director for the board of admin-
istration, which administers a
range of state investments, in
addition to the local govern-
ment pool, including the $138
billion pension fund.
Hoping to boost investor con-
fidence, the board chose a wide-
ly-respected figure in state pol-
itics, former state Comptroller
Bob Milligan, who is now serv-
ing as the state's insurance con-
sumer advocate.
Milligan, who was a trustee
of the board when the comp-
troller was formerly a member
of the state Cabinet, said he
would hold a meeting in early
January with investors in the
fund to help deal with their con-
cerns.
"We will come to grips with
what we need to do to get this
operation on the right track,"
Milligan said.
In an earlier conference call
with several investors in the


fund, officials from the New
York investment firm hired by
the trustees to manage the fund
for now painted a picture of an
improving situation. After $1.2
billion was withdrawn the first
day the fund was reopened last
week, redemptions have slowed
considerably, BlackRock Inc.
officials said.
On Tuesday, $84.3 million
was taken out, and about $8.9
million was put in. The part of
the account remaining open to
investors stood Tuesday at just
under $10.2 billion.
"It's definitely stabilizing,"
said BlackRock Vice Chairman
Barbara Novick. "We're very
heartened by the first few days."
The state's pool is one of a
wide ranging number of
investors to be affected by a cri-
sis in global credit markets as
investors face the prospect of
not being repaid on mortgage-
backed securities, due to rising
mortgage defaults.
Chief Financial Officer Alex
Sink said the state board's audit
committee will look for answers
to several questions, including
why the state's investment poli-
cies allow for holdings that
would so spook local govern-
ments.
Sink and other board mem-
bers. including Gov. Charlie
Crist, still" want to know what
led money managers at the
SBA to buy "distressed assets"
that have since had to be iso-
lated in a separate closed fund.
Sink wants auditors to find out
when those were purchased,


what their ratings were at the
time of purchase and what mon-
ey managers did once they were
downgraded and why.
Sink also said auditors specif-
ically should ask whether the
board has a duty to disclose
downgraded assets to investors,
and how many holdings in oth-
er state accounts have been
downgraded by ratings firms.
Local governments remain
worried about limits on how
much they are allowed-to with-
draw from the account without
paying fees. Many need access
to the money to pay bills.
BlackRock official Chris
Stavrakos told investors Tues-
day that withdrawals will be lim-
ited less as the fund stabilizes,
and that he expects an increase
in the amount available by
about five or 10 per cent in the
first few months of 2008.
Novick said BlackRock con-
tinues to work to line up a bank
loan programme, where private
banks would make loans avail-
able to local governments with
the balance in the fund as col-
lateral. for cases where local
governments need more cash
than they're allowed to with-
draw without a fee.
The trustees of the state
board also planned Tuesday to
name an interim replacement
for former SBA Executive
Director Coleman Stipanovich,
who resigned last week amid
questions about the pool, which
dropped from more than $27
billion to $14 billion by the time
the fund was closed to investors.


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PAGE 2B, THURSDAY, DECEMBER 13, 2007


THE TRIBUNE


I







THE TIBUN THUSDAYDECEBER 3, 207,IPGESS


PM to receive report on


'vexing


business issues' by January-end


* By NEIL HARTNELL
Tribune Business Editor
THE Bahamas Chamber of
Commerce will submit a
report on the main issues
impeding the growth and per-
formance of Bahamian busi-
nesses to Prime Minister
Hubert Ingraham "by the
end of January", The Tribune
was told yesterday.
Philip Simon, the Cham-
ber's executive director, said
a series of roundtables held
with the organisation's mem-
bers and business executives
had yielded a mixture of new
and old concerns on the
problems facing Bahamian
business when it came to con-
ducting commerce and their
experiences in dealing with
government departments and
agencies.
Among the concerns
raised, Mr Simon said, were
price controls, double taxa-
tion, Customs,-problems in
obtaining work permits from
the Immigration Department'
on a timely basis, and "delays
and inefficiencies in various
agencies that all contribute to
the bottom line".
Mr Simon said that for
example, if it took an "inordi-
nately long period of time"
for a work permit application
to be processed, the worker
in question might eventually
become fed up that their


future was in limbo, and
instead take a job in a rival
jurisdiction.
This, he added, "happens
all the time", with the end
result that the Bahamas-
based employer loses the
time, money and effort
invested in the initial applica-
tion process, and has to ret-
start this all over again.
"The cost of doing business
is impacted by inefficiencies
and delays," Mr Simon said.
"Government is moving to
increase its e-capability and
eliminate the need to go into
government offices and
obtain copies of original
forms.
"If that can be done
straight across the board, not
only will it improve business


efficiency but it will also
reduce the amount of traffic
on the streets."
The systems in government
departments and agencies
were currently people-depen-
dent, the Chamber executive
said, meaning that if the rele-
vant person was not there or
in a meeting, the permits,
approvals and requests that a
businessperson needed would
not be processed.
As a result, Bahamian
business executives spent
much time going in and out
of government offices, often
for little reward.
Transparency was another
issue, Mr Simon said, while
concerns were also expressed
about the high upfront costs
of starting a business. Start-
ups that had to import their
inventories were faced with
high upfront payments to
Customs on import and
Stamp duties before one
product was sold.
The fishing industry, the
Chamber's executive director
said, pointed out that they
had to purchase a vessel and
show their capabilities before
they were given a commercial
fishing licence. Yet there was
no guarantee they would
obtain the licence despite the
heavy initial capital invest-
ment.
From the construction
industry. Mr Simon said con-


cerns had been voiced about
the business licence fee being
levied/based on the gross val-
ue of the contract in ques-
tion, as companies often end-
ed up paying in taxes what
they earned in profits.
Instead, they were urging
that the fees be levied on the
gross margins, not the gross
sales.
Other concerns included
the fact that if not all docu-
ments relating to a planning
application were in order,
companies had to wait anoth-
er month or 30 days before
Town Planning met, while
the Bahamas Motor Dealers


Association (BMDA) had
raised issues relating to the
importation of wrecked cars,
used vehicles, emissions and
the environmental impact.
There had even been a sug-
gestion that a nationwide
employee database be creat-
ed, so companies could track
and monitor problem
employees, and prevent them
from bouncing from one job
to the next.
"It was, in a word, enlight-
ening," Mr Simon said of the
roundtables. "Some of the
issues were new issues, but it
was certainly informative and
we appreciate the many com-


panics involved in it.
"There was a passion to
make things better, not just a
complaint about government
services and structures.
We're compiling a report that
will be submitted to the
Prime Minister by the end of
January."
The Chamber's series of
business leadership roundta-
bles, under the theme 'Vex-
ing Business Issues', were
designed to obtain feedback
and possible solutions to
problems the Bahamian busi-
ness community experienced
in dealing with government
bodies and processes.


Essential Duties
1. Preparation of monthly Bank reconciliations, Insurance Company Account Summaries
2. Preparation of Monthly Journal Entries
3. Customer Statement/Notice processing
4. Cheque/Payment Preparation
5. Maintenance of General Ledger Sub ledger schedules
(Fixed Assets, Misc Receivables. Accounts Payables)
6. Assisting in the preparation of Month-end Financial Reports
7. Liasing with external Auditors
8. Verification of Daily Cash Deposits
9. Misc. accounting assignments

Education And/Or Experience
Minimum of an Associates Degree in Accounting with at least 3 years prior, experience.

All applications should be emailed (by Wednesday, December 19, 2007) to:
Attention of the Chief Financial Officer at
Finance20o74@yahoo.com


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PUBLIC NOTICE


This is to advise the public that
THE NEW MAILING ADDRESS OF
THE INDUSTRIAL TRIBUNAL
is
P.O. BOX N-4939
Email address: industrialtribunal@bahamas.gov.bs

WE HAVE ALSO EXTENDED OUR CURRENT
TELEPHONE AND FAX NUMBERS OF
325-6923, 325-6942, 325-6954
325-7614 (FAX)

TO INCLUDE 325-7613 AND 323-3650 (FAX) AS
ADDITIONAL NUMBERS TO CONTACT THE INDUSTRIAL TRIBUNAL

......


The American Embassy is presently considering applications for the following
position:

AIR CONDITIONING TECHNICIAN

Serves as the Air Conditioning Technician and is responsible for a variety of
functions including plumbing, electrical and welding maintenance, repair, diagnosis,
installation and testing of a variety of industrial and commercial grade air
conditioning systems.

This position is open to candidates with the following qualifications:
- A minimum of two years vocational training resulting in a certificate as an
A/C refrigeration technician and one year of vocational training and certificate
in electrical craft skills.
- Two years as an Air Conditioning Technician and a minimum of one year
apprentice level or the equivalent in electrical maintenance and/or installation
required.

- Must have a familiarity with National Electric, or Canadian Electric codes and
NFPA guidelines for A/C required.

- Must be able to read and comprehend blue prints and have knowledge of
material safety data sheets and books.


THURSDAY, DECEMBER 13, 2007, PAGE 3B


THE TRIBUNE









'2V~UINS ::jHRDY DCME 3 00 H RBN


Private sector concerns



over 'goods-only' EPA


I;'


' (/mcntionables


FROM page 1

"In terms of our ability to
provide a comprehensive
review, we don't have the
capacity, nor do we have the
resources, nor do we have the
time to do it. We're trying des-
perately to work with what we
have."
Mr Simon added that the pri-
vate sector was seeking further
clarification from the Govern-
ment on its approach to negoti-
ating the EPA and its 'goods-
only' offer, as "we know the
Bahamas is approaching the EU
directly on its submission", out-
side the CARIFORUM aus-
pices.
The Chamber executive said
the private sector was conscious
of the future implications of
what was negotiated for the
EPA, adding that it could set a
precedent/base for. future trade-
talks with the US on the
Caribbean Basin Initiative
(CBI) replacement; Canada on
the CaribCan replacement; and
World Trade Organisation
(WTO) membership.
The EPA agreement is sup-
posed to be signed with the


EU by December 31, 2007, and
that deadline is now fast
approaching only two weeks
away. It will replace the Coto-
nou Agreement, a one-way
trade preferences regime that
benefited the Bahamas and the
Caribbean in terms of provid-
ing duty-free market access to
European states for their
exports.
Yet the Cotonou Agreeme*'t
runs against World TraL.e
Organisation (WTO) rules,
which call for reciprocity or
trade preferences that flow to
both parties in a trade agree-
ment, and the EU is not going
to seek a WTO waiver for that
agreement's continuation.
Therefore, and with the
Bahamas unable to access the
EU's General System of Pref-
erences (GSP) because it is
classified as a developed
.nation, this .nation's exporters
to Europe chiefly the fish-
eries industry, Bacardi's rum
products (for one final year),
and Polymers International.-
would likely lose their duty-
free market access to the EU if
the Bahamas did not sign on
to the EPA by December 31,


2007.
In the case of the Bahamas,
the "trade-off" to preserve
duty-free market access for this
nation's exporters was to give
up some $10-$14 million in
import and stamp duty rev-
enues earned from EU-origi-
nated imports per year.
This was seen as helping to
maintain the Bahamas'
favourable $20 million net pos-
itive trade balance with the
EU, this nation having export-
ed $66 million worth of prod-
ucts in 2004 and imported just
over $44 million. Many EU
imports are allowed to enter
the Bahamas duty-free, given
that they are used in the tourist
industry. .
The consequences of not
preserving duty-free market
access for Bahamian exports
could be severe. Polymers
International has warned that
it wiliput plans-to-rexpand the
capacity of its Freeport plant
by 20 per cent "on hold" if the
Bahamas does not sign the
EPA, fearing that it stands to
lose 8-10 per cent of sales if it
loses duty-free market access
to the UK.


A Ministry of Foreign
Affairs briefing note submit-
ted to the former PLP Cabi-
net said that apart from the
direct impact on Polymers
International, which employs
88 persons and 10-20 contrac-
"tors, loss of its EU duty free
market access might also
impact Freeport Container
Port and the Grand Bahama
Power Company, the latter of
which generates 10 per cent of
its revenues from Polymers.
Apart from Polymers Inter-
national, the other major
export industries that would
be negatively impacted if the
Bahamas did not sign on to the
EPA would be the
seafoods/fishing industry,
which sends $60 million in
exports per annum to the EU,
and Bacardi's rum exports.
Although Bacardi is closing its
Bahamas-based operations by
2009, -it still-has "hundreds-of.
thousands of gallons of rum
products" that it can still
export to the EU throughout
2008. Mr Laing did not return
a phone message seeking com-
ment before press deadline
yesterday.


Bahamas-based card customers owe bank more than $690,000


FROM page 1

Yet this will largely depend on Mr
Gomez's ability to recover the lion's share
of some $3.458 million listed on the bal-
ance sheet as loan receivables net, meaning
that these are outstanding loans made by
the bank and now owed to it by the bor-
rowers. The credit card debts of $1.306 mil-
lion will be included in this amount.
Meanwhile, Mr Gomez said he had
"instructed counsel [Sidney Cambridge at
Callender's & Co] to prepare the neces-
sary documents to be presented to the court
for the first distribution to creditors". This
implies that creditors and depositors might
glimpse a first sighting of their funds in the
New Year.
Leadenhall holds a $16.251 million invest-
ment portfolio that is managed by Generali
International, an insurer, via an insurance


policy. General, Mr Gomez said, charged a
$118,156 fee per quarter for managing the
portfolio.
Between the period April 1, 2007, and
September 9, 2007, Leadenhall had earned
a $61,935 net gain on the policy, interest
of $298,248 exceeding the $236,313 in fees
paid.
Yet Mr Gomez noted that, after inquiring
on November 21, 2007, he was told that
Leadenhall would be charged $227,723 by
General in the form of an Early Discon-
tinuance Charge if the bank sought to with-
draw from the policy now. To avoid this
charge, Generali told Mr Gomez that the
policy would have to run until March 2009.
The Caledonia Fund Investments Ltd,
an investment fund in which Leadenhall
held a $3 million investment and 78 per
cent ownership, had meanwhile been placed
into liquidation, Mr Gomez added.


In his efforts to recover loans owed to
Leadenhall, Mr Gomez said the Bahamian
attorney for one borrower, Nuvo, had
served a summons on his attorney to pre-
vent the release of funds held in escrow to
the liquidation position.
Nuvo had sold a Canadian property it
owned to repay the Leadenhall loan bal-
ance, but was disputing the interest rate
applied to this loan. Mr Gomez warned
that even after recovery; there would be a
"shortfall which the bank may be forced to
write off".
The liquidator added that he had instruct-
ed his attorney to begin legal proceedings
against one borrower who had real estate in
the Bahamas. Mr Gomez said the borrow-
er's allegation that he had suffered "sub-
stantial investment loss regarding a securi-
ty held by the bank as collateral for the
loan..... cannot presently be substantiated".


Vacancy For The Position Of:


Manages a portfolio of delinquent loans, conducts credit
risk assessments by inspecting collateral.
C'on iplies available.data.and prepares.a variety of reports
to aggregate delinquent account information.
Participates in special projects such as assisting with GG
Student Loans, and research.
Pcrfolnrms administrative duties, such as updating and
n01.n staining files, posting funds to accounts.
Conducts initiating legal action and coordinates responses
and activities.
May manage distressed properties by showing properties
to i)otential buyers, and answering inquiries.


A fonleldge Skills and Abilities:


Associates degree or Institute of Financial Services
( crtificate, or three (3) to five (5) years of banking'
Sp.' e [ nrience.
i i ',licate in Credit and Collections, credit risk assessment
t lning, and certificates in Accounting or college level
u()LI Soi, in Accounting.
kingg knowledge of appraisals to understand legal
J C Li Ulents.
'inputer literate Ability to use MS Word and Excel
SK 1() wl edge of laws governing contracts and properties to
(I uiut. I court appearances.

S m :,i. -,is indude: Competitive salary commensurate with
'" d : cand qualifications;-Group Medical (includes dental
i', ) and life insurance; pension scheme.

"ir',~.d persons should apply no later than December 18th
(o/ o

c/oThe Tribune
DA#04419
*" P.O. Box N-3207
'":' Nassau, Bahamas


Title Insurance protects against the possibility of future loss should the
legal rights to your property be challenged.

First Bahamas Titk Insurance Agency offers added peace of mind to the
process of purchasing real estate by identifying and eliminating any
circumstances that could endanger your right of ownership. Title insurance
indemnifies you against loss, thereby shielding you against title defects caused
by a third party.

+ Low one-time premium
+ Reduction of legal fees
+ Faster turnaround
+ Protection for as long as you or your heirs have an interest in the property
+ Defence of a valid claim against your property title at no cost to you


For more information call 502.5230, e-mail us at info@firstbahamastitle.com,
or visit us online at www.frstbahamastitle.com.



Protect Your Piece of Paradise.
TI'ITLF INSURANCE AGENCY
Policies :ssld 1t LAn,'vrrs Tile Insuranc,'' (Corporatilon. a Latielnuwr'ca Fi'It& i rn I p 1icq G II011 z/iNv. tit i olirest tltk imturance, cont l' in M hi eiirkt.


8 lpe ein h es


i GE: 4B, THURSDAY, DECEMBER 13, 2007


THE TRIBUNE


ar't'e Responsibilities:







THE TIBUN THUSDAYDECEBER 3, 207,IPGES5


Eleuthera resort




starts lot sales


I ROPFRTY lots are now
available in the $85 million
Cape Eleuthera Resort and
Yacht C'lub. the developers
have said.
Thev added that the Cape
Eleuihera Yacht Club has the
longest mega yacht dock on
Eleuthera at more than 50 feet,
enabling owners of larger ves-
sels more than 200 feet in
length, with depths of up to 35
feet to visit the island's marina.
This has 55 slips, with a capaci-
ty of up to 200.


According to a release recent-
ly issued by the company, there
are 26 waterfront properties
available, with townhomes start-
ing at $800,000, beach villa lots
starting at $600,000, and private
home lots beginning at
$800,000.
The Cape Eleuthera resort
and real estate project is being
developed by the DeVos family,
who formerly owned Peter
Island in the British Virgin
Islands.
The Heads of Agreement for


the project was signed on May
3, 2005, between the Govern-
ment, Cape Eleuthera Proper-
ties and Powell Point Propertes.
The agreement calls for a 60
bedroom hotel and upmarket
residential community and
marin, with a wide range of
amenities including roads, restu-
ranta, shops, swimming pool,
utility services and residential
accodomations, as well as sev-
eral community outreach pro-
gramm es such as a Cape
Eleuthera School, community


centre of 4,000 square feet, a
park and playground, a sporting
complex and reverse osmosis
plant.
"Cape Eleuthera is not for
everyone," said David Green,
managing director..
"It will never be a Las Vegas
style resort transplanted in the
Caribbean, but our guests are
able to enjoy an authentic,
Bahamian Out Island experi-
ence and that is what makes us
so appealing."


Net metering key to alternative energy switch


FROM page 1

to the grid."
Between the propane gas bill
and the electricity bill, Mr
D'Aguilar said his Superwash
laundromat business was
spending between $180,000-
,$190.0o0 per month on energy
costs.
"This is becoming a real, sig-
nificant and ever-rising cost of
doing business." the Chamber
president said. "These are
issues that we now have to
focus on how we deal with
them. In the past. we put up


FROM page 1

other forms of debt financing and at
appropriate interest rates to meet the cost
of second home purchases.
John Davies, Ginn's vice-president, was
unavailable for comment as his assistant
said he was in meetings. It remains unclear
just how big the price increase will be.
The Ginn sur Mer development will serve
as Ginn Clubs & Resorts flagship Caribbean
development. The project currently under
construction in West End will feature a
2,000 acre resort community that will con-
tain more than 4.400 condominium and
hotel units, nearly 2000 single family resi-


prices, because there is only sO
much the market can bear.
This is a major, major con-
cern."
Haiti was one nation increas-
ingly examining biodiesels, and
generating power from fats and
solubles, Mr D'Aguilar said,
while Barbados had been
"very successful" in adopting a.
policy that all water heaters
rely on solar thermal energy, a
move that had reduced that
nation's energy costs and
reliance on oil imports.
Mr D'Aguilar said Super-
wash had looked at using solar
energy in the past, but had


found the cost of purchasing
and installing all the equip-
ment and systems too expen-
sive.
In addition, the amount of
solar panels needed to gener-
ate the required amount Of
energy was so large that they
could not all fit on the roof,
meaning they would have tak-
en up valuable real estate, he
added. Then there was the fear
of vandalism.
To encourage the use of
alternative energy, the Gov-
ernment will also have to
amend the Electricity Act, as
the" current legislation prohibits


consumers in areas where the
Bahamas Electricity Corpora-
tion (BEC) power supply is
available from generating their
own electricity, except in pow-
er outages. That would
penalise alternative energy
users.
However, Mr D'Aguilar said
that businesses should not be
held up or delayed from
switching to alternative ener-
gies by this, as there was no
'energy police' in the Bahamas
to enforce it. With energy costs
having become so serious an
issue, he suggested there was
likely to be some flexibility.


Ginn to raise property prices


dential home sites, signature golf courses
designed by Jack Nicklaus and Arnold
Palmer, clubhouses, two large marinas, a
private airport, a Monte Carlo- style casino,
water and swim pavilions, a beach club and
a spa.
According to the Heads of Agreement
for the project signed with the previous
administration, any condos sold by Ginn
for $250,000 or more in the period between
the first sale and 20 years later will attract
stamp duty at a rate of 2 per cent.
This is 8 per cent less than the normal
stamp duty rate for properties of that value
is 10 per cent.


The sale of the homes in Ginn is essential
to the success of the development, as the
Heads of Agreement states: "The timely
sale of lots, condominiums and other resi-
dential units within the project to Bahami-
an and non-Bahamian purchasers is critical
to the success of the project and the rede-
velopment of the West End settlement."
As a result, the government committed to
an accelerated consideration of such
approvals, noting that pre sales of residen-
tial lots and units were an important part of
the sales and marketing of the project and
would begin before any infrastructure was
installed in West End.


HARBOURSIDE

Ww*thop undSh.wtoocaa ?'QMtnf I C. a
PA 242 393-M&W2139- 1461'f-. 242 394 ,P0A f)t 44d01 r t3 I
Harbourside Marine is looking for Golf Cart
Technician with experience in Gas
and Electric repairs/service.
Please fax resume to: 394-7659







Restaurant Lounge Terrace
Modern Asian Dining Concept
SWait staff. Previous experience in high-end
dining establishments a must.
* Kitchen Staff: Extensive knowledge of
Asian Cuisine and wines a definite asset.
* Wine Steward/Sommelier: Previous restaurant
and floor sales experience.
* Food Runners: For bussing of bar and table
expedition.

Fax resumes to: 328-8381
or email to: info@shogunrevolver.com











Urgently seeking Director Of Human Resources
5-10 years experience, salary commensurate with
experience and qualifications.


Write to: P.O. Box CB-12707
Nassau, Bahamas


INDEPENDENT


6 SALES


PERSONS


NEEDED!


S* Excellent opportunity
for you to control your

income.

You are limited only to
"..4 your potential

Flexible hours available
Excellent comunissions

Rpplyand benefits






* Must have a proven track record in sales

* Professional appearance a must
* Must have reliable transportation
* Ability to meet and adhere to strict deadlines
* Excellent written and communication skills.


Apply in writing to
Sales Representatives
Box PM-1
C/O The Nassau Guardian

P.O. Box N-3011

Nassau

Bahamas


Financial Controller
Our client, a Government Ministry, is seeking applications for the position of
Financial Controller.
Job Objective:
To provide leadership and coordination of the financial planning and budget
management functions and to ensure the Ministry's accounting procedures conform
to the Financial Administration and Audit Act of 1973. The position reports to the
Permanent Secretary.

Primary Duties:
Direct and coordinate the Ministry's financial planning and budget management
functions.
Recommend procedures for measuring the financial and operating performance
of divisions and departments.
Monitor and analyze monthly operating results against budget.
Oversee daily operations of the finance department.
Manage the preparation of monthly ministry expenditure reports. financial
outlooks and forecasts.
Prepare financial analysis for contract negotiations and product investment
decisions.
Work with department managers and corporate staff on business plans for the
ministry.
Establish and implement short and long range departmental goals. objectives.
policies and operating procedures.
Design, establish and maintain an organizational structure and staffing to
effectively accomplish the department's goals and objectives.
Oversee financial management of foreign operations.
Represent the ministry externally to government agencies, funding agencies
and the general public.

Requirements & Personal Attributes:
Candidates must meet the following criteria:

Knowledge of finance, accounting, budget, and cost control principles.
Knowledge of the Financial Administration and Accounting Act of 1973.
Knowledge of US federal and state financial regulations \\ here applicable.
Ability to analyze financial data and prepare financial reports, statements and
projections. Working knowledge of short and long term budgeting and florcasting.
project budgets, and other financial analysis.
Professional written and verbal communication and interpersonal skills. Ability
to motivate teams to produce quality material within light timeframes and
simultaneously manage several projects. Ability to facilitate and participate
in group meetings.
Bachelors Degree in Finance and/or Accountine. Professional accounting
designation; ACCA, CA or CPA desirable. Minimum of five years experience
in senior-level finance or accounting position.
Bahamian citizen.

The position offers an attractive salary with a benefits package., reflecting the
successful applicant's experience and qualifications.

Qualified individuals should submit complete resumes including relcrences before
January 15, 2008 to:
Mark E. Munnings
Partner
P.O. Box N 7120,
Nassau, Bahamas
or
Email: mmniunnings@deloitte.coim.hs
Deloitte


THURSDAY, DECEMBER 13, 2007, PAGE 5B


THE TRIBUNE





PAGE 6B, li i,


IK l


', .H 13, 2007 THE TRIBUNE


TMENT OPPORTUNITY





.: F' IS


Appraisal: $300,000.00
,2- square feet, being lot number 40,
t, situate in the Western District of
..nl in shape, is on a level grade and
"i -octrical connection outlet is located
*rted on Sandy Port Drive just on the
southernn Side of the road.


Appraisal: $930,000.00
All that lot of land having an
area of 30000 square feet,
)being lot Number 17 of the
subdivision known as
Westridge Estates Addition.
Situate in the Western District
on the island of New
Providence.
Located on the subject
property is a newly
constructed single story
structure comprising 6,000
feet of living space with a
three Car Garage.
1 comprises five bedrooms, four and a
S>-:itly room, kitchen, laundry and
S,: y,. take the road heading west into
-o i the Right, Westridge Drive. Subject
," ihe right hand side of the road.





0OMINIUM Appraisal: $73,000.00


FAIRWA


..iqi .1k.


r


-r ooui,)s, 2' bathrooms.
'~ .- *h Curt, Bahamian North


-t land described as lot 7 block 21,
. 1 nd Mid Chipman Road, Unit 2,
r, report, Grand Bahama. The lot
a'< as multi-family residential.


GRfEF -'
All thM
Albacm- .'
G i e e ,'" i + + .


LOT :
FORTE:
All thf I ;-
Point So '


---
20, lo


Unit 5, -.'
L o c a te + fs .? ^ *- .*

LOT














All thi,
of the "'''
Bah ,ar"i '.-: 1 .
on thi '

Apari 'a

kitch s -

coat' P
pa ini)I5 0


S'IT' 3
' VISIONN


Appraisal: $38,000.00


;o area of 12,650 sq. ft. being lot No.
o.'n ; known and designated as Fortune
-..i',,a1-r Duplex property zoning with



SV CLOSE Appraisal: $38,500.00
: family residence, Clearwater Close.
: ,Qimnately 17,404 sq. ft.



'VIIA MARINA
Ni, FREEPORT,
Appraisal: $337,000.00


of 16,533 sq. ft. being lot No. 37
:iqialed as Bahamia Marina and
". Freeport, Grand 'Bahama. Located
a,4? comprising a 3 year old duplex
.ximately (3,058) square feet.
iocpIrooms, 2-bathroom with private
.hv~i q and dining room, full service
n.., foyer/hallway with linen and
fully secured by six foot plastic
o theh side and rear and adjoins the
;As at front with electronic gate.


ABACO Appraisal:
PORTION OF MURPHY TOWN CROWN
ALLOTMENT, MURPHY TOWN, ABACO.


kitchen and laundry room
attention.


EXUMA
DUPLEX IN LOT 6625
BAHAMA SOUND No.


The subject property is located
on Kingway Road and is
developed with an area of
20,000 square feet. Situated
thereon is a residence
comprised of 3,645 square feet
of living. accommodations,
inclusive of 4 bedrooms, 2
baths, with laundry and utility
spaces and a two bedroom one
bath guest cottage of 600
square feet. The property is
a Gazebo at the highest portion


Appraisal: $20,000.00


All that piece, parcel or lots 12571 and 12572, Bahama Sound of Exuma
10, total area of 20,000 square feet. Bahama Sound is a sudivision
situate at the southwestern portion of the Forest Estate between the
settlements of Southside and Richmond Hill, Great Exuma, Bahamas.



PARCEL OF LAND, PALMETTO POINT
ELEUTHERA Appraisal: $112,105.00
All that piece, parcel or lot of land 2,743 feet East of the junction of the
Palmetto Point road and main Eleuthera Highway containing 2.45 acres.
This site encompasses a 28-year-old single storey concrete structure of
approximately 832 square feet of enclosed floor space inclusive of shop
space and rest room facilities.




TO VIEW PROPERTIES

GO TO:

www.stopnshopbahamas.com

CNKe& on "Real Estate Mall"

CM on Doorway

"Enter Online Store"


$108,000.00


The property is 89 x 100 ft
and rectangular in shape.
The land is elevated
approximately 15 ft above
road level and
approximately 25 ft above
sea level. Located on this
property is a twenty-year-
old three bedroom, two
bathroom, living, dining,
house. The structure requires much


Appraisal: $170,000.00


8, EAST, EXUMA
Trapezium shaped lot 35
ft. above sea level
', comprising 10,000 sq. ft.
Situated thereon is a 10-
year-old single storey
duplex, 2 bed, 1 bath,
kitchen, living/dining
area and porch.
(Building is in need of
repairs).


08OFS ALEAND ANY OHER NFORATINOTAT
0 S02-0 34- -m il. ar .colle 0 *0iban 0



bids to P.. .*0 :. BxN-58RoetaSret-asaBaaa


SAN R

of th'< ,w
zoned ; "


The h ia '-e.a .
gene. at-,
Locatio.w
property


EXUMA Appraisal: $673,075.00
CASTELRAG ESTATES, LOTS 129 & 130
EXUMA HARBOUR SUBDIVISION


'Inn


fenced with white picket fencing and has
of the property.


BAHAMA SOUND 10,
EXUMA


-I------~-


~rr,,,,rr


Lndr~r






I MUHMSUAY, UILUMBLH 13, 2007, PAGE 7B


THE TRIBUNE


INVESMENTOPPORUNIT


Eleuthera Island Shores
Subdivision LOT NO. 1,
BLOCK NO. 45,
ELEUTHERA ISLAND SHORES
l. All that piece parcel or lot of land having
.-an a ea of 9,644 sq. ft. being lot #1 in
block 45, Section "E" in the subdivision
called and known as Eleuthera Island
Shores Subdivision, situated in the vicinity
of Hatchet Bay Harbour, on the island of
Eleuthera, one of the islands of the
Commonwealth of The Bahams. This site encompasses a two storey building which is approximately
14 yrs old and is abandoned. There is a wooden landing approximately 7'-4" wide by 20'-0" on the
upper level, approximately 1,610 sq. ft. of enclosed living space, with 3-bedrooms, 2-bathrooms,
front room, dining room, den, kitchen, and utility room. The wooden porch on the upper level is
approximately 148sq. ft. There is also a water cistern under the dining room floor area. All utilities
and services available.
Appraisal: $151,007.00
This property is situated in Eleuthera Island Shores.


Must Sell Lot No. 597
'. Gardens
.. .. All that lot of land having an area of 3,200 sq ft, being
lot 597 Melvern Road of the subdivision known as
in the southern district of New Providence Bahamas.
-.i This property is comprised of a 26 yr old single family
.. .; residence consisting of approximately 1,510 sq. ft
Siof enclosed living space, with 3-bedrooms including
master bedroom, 2-bathrooms, living/dining room,
kitchen and utility room. The residence also consists
.. of a front porch and two patios.
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. The grounds are fairly kept, with improvements including
driveway and walkway. The yard is enclosed with chain linked fencing.
Appraisal: $133,395.00
Traveling west along Melvern Road from the sport center road, follow the road to the left. the subject
property is the 5th property left situated between Zris Court and Richie Court, painted White trimmed yellow.


LOT NO. 1 WESTERN SHORES
All that lot of land having an area of 7,389 sq.
ft., being lot #1 of the Subdivision known as
Western Shores Phase II, the said Subdivision
Sl H situated in the Western District of New Providence,
Bahamas. Located on the subject property is a
single structure comprising of a single family
i "- residence consisting of approximately 2,430 sq.
ft. of enclosed living space. The residence
comprises of 3-bedroom with closets, 2 1/2
bathrooms, living/dining rooms, study, kitchen,
utility room, porch and enclosed garage with electronic door. The land appears to be sufficiently
elevated to disallow the possibility of flooding during annual heavy rainy periods of the year. The
grounds are fairly well kept with improvements including driveway, walkway and swimming pool.
The yard is enclosed with walls.
Appraisal: $753,570.00
Traveling west on West Bay Street. Go pass Orange Hill and Indigo Subdivisions, the house is
located on the left near Tusculum Subdivision and painted all white.


SHAMILTON'S, LONG
ISLAND

''A ". All that piece parcel or lot of land and
improvements situated in the settlement
of Hamilton's in the Island of Long Island,
-- and comprising of approximately 13,547
., sq. ft. and is elevated approximately 7-8
ft above sea level. This site encompasses
a 35yr structure. A simple style home consisting of two bedrooms, one bathroom,
kitchen, living and dining room. the home however is consisted of 2 separate
constructions: 613.60 sq. ft of concrete construction and 624 sq. ft of wooden
construction all amenities are to the property such as electricity, water, cable and
telephone.
Appraisal: $112,000.00.


The property is accessed by the main Queen's Highway.

.I .- DUNDAS TOWN (ABACO)

I 3 two bed, 1 bath fourplex 9,000 sq. ft., lot no. 18b with an area for a small shop. Age 12 years the land is a portion of one of the Dundas Town
-l .- 3 'pi Crown Allotment parcels stretching from Forest Drive to Front Street, being just under a quarter acre in size and on the lowside. A concrete block
S i structure, with asphalt shingle roof and L-shape in design with a total length of 70x26 ft, plus 50 x 22 ft., 2,920 sq. ft., the interior walls are concrete
Blocks, ceiling is sheet rock and the floors of vinyl tiles.

Appraisal: $265,225.00




Alln Lot No. 15, Block 10, Winton Heights
All alot lof 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.

Investment Opportunity Must Sell
Lot No. 20, Block 1 unit 3 Fortune Point Subdivision all that lot of vacant land having an area of 12,650 sq ft, being Lot No.20 block 1 unit 3 of the subdivision known and designated
as fortune point subdivision Freeport, Grand Bahama.. duplex property zoning with a rectangle shape.
Appraisal: $38,000.00


Investment Opportunity Must Sell Lot B, Wilson Street, Rock Crusher
All that lot of land having an area of 10,498 sq ft, being lot B, between the subdivision known as Rock Crusher and in the vicinity of Perpall Tract situated in the western district
of New Providence, Bahamas. This property is zoned multi family/single family. Also located on this property is a structure comprising of a duplex at foundation level under
construction, and consisting of approximately 1,566 sq. ft. of enclosed living space with a patio consisting of 270, sq. ft. the starter bars are in place and foundation poured.
Appraisal: $97,214.00
Traveling West on Farrington Road take a right after the RL.R headquarters, go about midways through to Wilson Street, go though the corner all the way to the dead
end. The property is located behind the chain linked fence at the back of the yard.

Island Harbour Beach, Exuma
All that parcel or.lot of vacant land containing 10,000 (80'X 100') sq. ft. being Lot No. 9, Block 2, Island Harbour Beach Subdivision situated the western most portion of the Hermitage Estate, Little
Exuma Bahamas. The property is located on an unpaved road known as Stocking Road. The property also has a commanding view of the ocean.
Appraisal: $80,000.00


LOT NO. 10B, PALMETTO POINT
All that piece, parcel or lot of vacant land containing 9,000 sq. ft., and being Lot No. 10B situated North of Ingraham's Pond and Eastwardly of North Palmetto Point, on the island of Eleuthera, one
of the islands of the Commonwealth of the Bahamas, and is bounded and abutting as follows:- on the north by Lot No. 3B and running thereon for a distance of (90) ft; on the East by Lot No. 11B
and running thereon for a distance of (100) ft; on the south by a 20' wide road reservation and running thereon (90) ft on the west by Lot No. 9B running thereon for a distance of (100) Ft, the said
Lot is overgrown with shrubs and is in close proximity of a white sandy beach. This neighborhood is zoned residential development and is quiet and peaceful with a topography of approximately
50ft and because of this there is no danger of flooding. The area is approximately 80% developed with all utilities and services available.
APPRAISAL: $72,000.00

MUTTON FISH POINT NORTH ELEUTHERA
All that piece, parcel or lot of vacant land containing 44,714 sq. ft., and designated "E" which forms a portion of land known as "Mutton Fish Point" situated about two miles northwestward of the
settlement of Gregory Town on the island of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and is bounded and abutting as follows:- Northwardly by the land now or formerly
the property of Coridon Limited, and running thereon for a distance of 393.13 hundredth ft.; outwardly by a 30' wide road reservation and running thereon for a distance of 402.57 hundredth ft;
eastwardly by the main Queen's Highway and running thereon for a distance of 109.73 hundredth ft; westwardly by land now or formerly the property of Caridon Limited and running thereon for a
distance of 110.75 hundredth ft. this property having an area of approximately 44,714 sq. ft. this neighbourhood is zoned commercial/residential development and is quiet, peaceful and has a
topography of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,421.00

MUTTON FISH POINT NORTH ELEUTHERA
All that piece, parcel or tract 6f land containing 1 acre situated about two miles northwestward of the settlement of Gregory Town on the island of Eleuthera, one of the islands of the Commonwealth
of The Bahamas, and is bounded and abutting as follows:- Northwestwardly by the main Queens Highway and is running thereon for a distance of 125.462 feet northwestwardly by the land now
of formerly the property of Coridon Limited, and running thereon for a distance of 390.274 hundredth ft.; southwestwardly by a 30' wide road reservation and running thereon for a distance of 128.128
hundredth ft; southeastwardly by the land now or formerly the property, of the Venor and running thereon for a distance of 322.955 hundredth ft. This property having an area of approximately
44,847.76 sq. ft. This neighbourhood is zoned commercial development and is quiet and peaceful with a topography of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,421.00
This lot is vacant land and is located in the area known as "Mutton Fish Point"

MUTTON FISH POINT NORTH ELEUTHERA
All that piece, parcel or lot of vacant land and improvements containing approximately 44,587 sq. ft. and designated "F" which forms a portion of land known as "Mutton Fish Point" situated about
two miles northwestward of the settlement of Gregory Town on the island of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and bounded and abutting as follows:- Northwardly
by the land now or formerly the property of Coridon Limited, and running thereon for a distance of 383.56 hundredth ft; southwardly by land now or formerly the property of Caridon Limited and
running thereon for a distance of 393-19 hundredth ft. eastwardly by the main Queen's Highway and running thereon for a distance of 113.40 hundredth ft. westwardly by land now or formerly the
property of Coridon Limited and running thereon for a distance of 113.40 hundredth ft. this neighbourhood is zoned commercial/residential development and is quiet, peaceful and has a topography
of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,276.00



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THE TRIl


PAGE 8B, THURSDAY, DECEMBER 13, 2007


11


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THURSDAY, DECEMBER 13, 2007, PAGE 9B



Stocks give up sharp gains after

rising on Fed plan to work with

other central banks on credit


* By JOE BEL BRUNO
AP Business Writer
NEW YORK (AP) Stocks
gave up sharp gains to trade
lower Wednesday after initially
upbeat investors turned cool to
a Federal Reserve plan to work
with other central banks to alle-
viate the global credit crisis. The
Dow Jones industrials, which at
one point had been up more
than 270 points, fell by about
three points.
The Fed said just before the
market opened that it has
agreed with the European Cen-
tral Bank and the central banks
of England, Canada and
Switzerland to confront what it
called elevated pressures in the
credit markets. The Fed said it
will create a temporary auction
facility to make funds available
to banks and set up lines of
credit with the European and
Swiss central banks for addi-
tional resources.
This move is the biggest con-
certed liquidity injection since
the aftermath of the 2001 ter-
rorist attacks and helped boost
investor sentiment a day after
the Fed disappointed Wall
Street with a quarter-point cut
in interest rates. Many investors
had hoped for a half-point
reduction to help the economy
weather the credit and mort-
gage crises.
But the Fed's latest salvo did-
n't appear to assuage Ull of Wall
Street's concerns about the
spike in bad debt that has
caused the credit markets to
tighten in recent months, nor
did it sew up all of investors'
concerns about the nation's eco-
nomic health.
"There's still no certainty that
we're out of the woods ... there's
still a risk for recession," said
Steven Goldman, chief market
strategist at Weeden & Co. *"We
did get very positive news from
the Fed and other banks chip-
ping in to add liquidity into the
system. But, the environment
hasn't fundamentally changed


that the worst is over for the
financial system."
He pointed out that the
biggest beneficiaries during a
period of rate cuts are bank and
brokerage stocks. However, the
sector was under pressure
Wednesday as investors wor-
ried the institutions will have to
take further writedowns despite
the central banks' steps.
In late afternoon trading, the
Dow fell 50.24, or 0.37 per cent,
to 13,382.53. The blue chip
index had risen as much as
271.75, or two per cent; in early
trading.
Broader stock indicators were
narrowly lower. The Standard
& Poor's 500 index fell 2.54, or
0.17 per cent, to 1,475.11. The
Nasdaq composite index shed
2.07, or 0.08 per cent, to
2,650.28.
Tuesday's stock plunge of 294
points had interrupted Wall
Street's attempt at an end-of-
the-year rally, but Wednesday's
performance brought the pos-
sibility of a market recovery
back to the table. The Dow is
up. more than six per cent since
falling as low as 12,724.09 on
November 26.
But analysts were enthusiastic
about the Fed's action on
Wednesday.
"I think it's certainly a strong
measure to ease this credit
crunch, and I think it will
encourage banks to use the dis-
counted borrowing.-If banks
won't lend to each other, then
at least the central banks will
lend to them," said Jack Ablin,
chief investment officer at Har-
ris Private Bank in Chicago.
The plan sent Treasury prices
falling, because the prospect of
more available credit lessened
investors' need for the safe
haven that government securi-
ties provide. The 10-year Trea-
sury note's yield, which moves
opposite the price, rose to 4.05
per cent from 3.97 per cent late
Tuesday.
The dollar was mixed against
other major currencies. Gold


prices rose.
Investors also digested eco-
nomic data. The Commerce
Department said the U.S. trade
deficit rose in October to the
loftiest level in three months,
driven by record-high oil prices
and an influx of Chinese
imports. It also reported that
November import prices surged.
If inflation accelerates, it
could keep the Fed from low-
ering rates again.
Energy prices soared after the
government reported surpris-
ing declines in U.S. stockpiles
of crude oil and distillate fuels,
such as heating oil. Crude
jumped $3.66 to $93.68 a bar-
rel on the New York Mercantile
Exchange.
In corporate news, SLM
Corp., the student loan compa-
ny known as Sallie Mae, slashed
its 2008 earnings due to the
costs of replacing an interim
funding facility. The company
also disclosed it failed to rene-
gotiate a buyout with an
investor group that balked sev-
eral months ago at its original
$25 billion cash offer.
SLM shares fell $3.34, or 10.5
per cent, to $28.60.
But AT&T Inc. climbed for
the second straight session after
the telecom carrier issued solid
guidance and lifted its dividend.
AT&T was the biggest gainer
among the 30 Dow companies.
rising $2.37, or six per cent, to
$41.83.
The Russell 2000 index fell
0.86, or 0.11 per cent, to 765.41.
Declining issues led
advancers by a three to two
basis on the New York Stock
Exchange. Volume came to 1.14
billion shares.
Overseas, Japan's Nikkei
stock average closed down 0.70
per cent, while Hong Kong's
Hang Seng index closed down
2.41 per cent.
Britain's FTSE 100 rose 0.35
per cent, Germany's DAX
index added 0.83 percent, and
France's CAC-40 advanced 0.32
per cent.


41LADELPHIA REGULAR, 8 oz. GREEN GIANT, 16 oz.
REAM CHEESE........$1.99 FROZEN VEG................. $2.29

OPICANA Asst'd. Flavor, 64 oz. PEPPERIDGE FARM Asst'd. Layer, 17 oz
RUIT PUNCHI............$2.99 CAKES......................................$2.99

IEAKSTONE, 16 oz. GREEN GIANT, 12 Ears7
DUR CREAMI.......,.....$2.99 CORN-ON-COB....................... $4.79

LUNCHMEAT


)SCAR MAYER
SLICED

BACON
1 lIb.

$E19


HOLE ROTISSERIE

CHICKENS
each

$799


RESH CRANBERRIES & FRUIT BASKETS AVAILABLE AT ALL STORES I


I. S
* A

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LETTUCE
head


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$ 09


12 oz.


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POUND CAKE


$999


BED BATH & HOME

Sde
I? titas^in~s 45a/f


SHEET SETS
BED SKIRTS
BED SPREADS
TABLECLOTHS
THROW PILLOWS
SHOWER CURTAINS
WINDOW CURTAINS
KITCHEN CU RETAINS,
CHAIR SLIP COVERS
LADY SANDRA COMFORTER SI


LAMPS
BLENDERS
BAKEWARES
WALL MIRRORS
SINGLE POTS & FRY PANS
CHRISTMAS DECORATIONS
PFALTZGRAFF
DINNERWARE SETS
ANCHOR HOCKING
ETS GLASSWARE SETS


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SALE STARTS
MONDAY DECEMBER 10TH SATURDAY DECEMBER 15TH
LOCATED: HARBOUR BAY SHOPPING CENTER
PH: 393-4440 OR 393-4448


BAR-S BAR-S
MEAT OR CHICKEN SLICED, COOKED

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PAE OB TURDABUECMER13N207THSTIBN


Royal Island (Bahamas) Limited

INVITATION FOR EMPLOYMENT

Royal Island (Bahamas) Limited, the developers of
the Royal Island resort and residential project, an
ultra-luxury resort and private club residential
community with private residences and club, 200
slip marina and boutique hotel and spa, and a golf
course just off North Eleuthera invites suitably
qualified individuals to apply for the following
position with the company

HEAD CHEF

Duties and Responsibilities:

* Coordinate and manage multiple food venues.
* Coordinate and manage all food preparation
areas.
* Budgeting and purchasing of food supplies.
* Planning of menus for all food venues.

Qualifications: Must have 5 star expereince either
in a restaurant, private residence or yacht, Must
have an "attention to detail" work ethic. Willing to
take directions from management and maintain a
hands on approach. Experience in "Chef's table",
"Disgustation" or tastingg menu" style of dining.
The ideal candidate will have to reside on Eleuthera
or its surrounding area.

Interested persons should submit their resumes with
cover letter to:
Harcourt Management Services Ltd.
P.O.Box N-1991
Nassau, Bahamas
Fax to: (242) 356-4125
Or Email to: info@gomezcorp.com

Royal Island (Bahamas) Limited thanks all
applicants for their interest, however only those
under consideration will be contacted.


* By JOYCE M
ROSENBERG
AP Business Writer
NEW YORK (AP) At
Jeff Cassels' jewellery store,
falling real estate values and ris-
ing gold prices are more than
news headlines they are con-
tributors to an uncertain holi-
day season. At Joanie McDon-
ald's clothing store, however, a
weakening dollar is turning into
a boon.
This season finds indepen-
dent retailers across the country
dealing with a new set of eco-
nomic challenges even as they
still contend with growing com-
petition from big-box retailers
like Wal-Mart Stores Inc. and
Borders Inc. That means mer-
chants are being pressed more
than ever to capitalize on what
sets them apart from the rest of
the retail universe merchan-
dise that's unique and well-suit-
ed to a store's clientele, and cus-
tomer service that's beyond the
ordinary.
Customers of Kid Country
Toys, two specialty toy stores
in Charleston, W.Va., can dis-
pense with the screwdrivers and
bandages usually needed to put
tricycles and other toys togeth-
er. Owner Jerry Strick said his
staff will assemble purchases
free of charge. Toys can be gift
wrapped as well.
Strick, who's been in business
35 years, uses services that Wal-
Mart and Toys "R" Us Inc.
don't provide to draw cus-
tomers to his store. And he
stocks brands that the big chains
don't buy but that his customers
want.
He's upbeat about this sea-
son, partly because business is
up slightly from 2006, but also
because he's learned over the
years not to sweat it. So he
doesn't believe layoffs in the


area and recalls of some toys
made in China will have a big
impact on his business.
"I used to worry about the
sales, and it's not worth it,"
Strick said. "The population in
Charleston has gone down, the
competition has gone up, and
we still hold our own, so I real-
ly don't worry."
But Cassels, who owns GB
Heron in Salisbury, Md., is wor-
ried about the season, having
watched real estate problems
grow and his sales decline.
"I don't expect good things,"
Cassels said. "We were down
about 14 per cent headed into
the Christmas season."
Cassels said that with cus-
tomers paying more for neces-
sities like gas and food and wor-
ried about home values, "I'm
pretty much last on the line" of
spending priorities especial-
ly since the price of gold has
shot higher in recent months,
crossing $800 an ounce for the
first time since 1980.
"The only thing I am doing
well is selling engagement rings
- people are still in love," he
said.
But selling custom-designed
jewelry helps business, because
that GB Heron apart from oth-
er retailers. To lower his costs,
Cassels recently bought equip-
ment that helps create the jew-
elry faster.
Cassels, who's in his 19th year
in business, says he never knows
until Christmas Eve how the
season has fared. It's a hard
wait: He does 25 percent of his
annual business between
Thanksgiving and December 25.
The depressed real estate
market in Nevada has hurt Jody
Branson's gift shop, Fresh
Ideas, in Gardnerville, located
near the state capital, Carson
City. Sales are down about 10
per cent from last year.


"There's a lot of real estate
agents and homebuyers who
would come in, but they don't
have the money to spend with
(housing) slowing down," Bran-
son said.
But she said, "I'm not letting
it get me down I can't com-
plain at 10 per cent, where
there's another store that's clos-
ing" nearby. Moreover, Bran-
son said she's built a reputation
with customers: "People know
what we have and people
always come back."
Sometimes a negative for the
economy, such as a weak dollar,
can help retailers.
Joanie McDonald, who owns
Jennifer Reale Design, an
upscale women's fashion bou-
tique in Delray Beach, Florida,
hears from other retailers that
business is slow and hopes are
dim for the holidays. At her
store, however, "business is
good and I'm expecting a very
strong season."
McDonald said her success is
coming from the foreign tourists
who have been streaming into
Florida to take advantage of
currency rates as well as the sun
and sand.
"I had a group of women in
my store today that spent $500,"
McDonald said. "I'm very
impressed with the number of
foreigners we get in and the
money they're spending."
There are Borders and
Barnes & Noble Inc. stores in
Austin, Texas, but Steve Bercu,
CEO of BookPeople, a huge
store in the capital's downtown
area, has few if any concerns.
"We've had our best season
in store history each of the last
seven years and I'm expecting
this year to be another really
pretty good year," Bercu said.
BookPeople differentiates
itself from the chains in several
ways. It offers a big selection of


gifts alongside its massive book
inventory; Bercu estimates gifts
account for 30 per cent of rev-
enues. It also has developed its
own offbeat culture -
BookPeople is a proponent of a
tongue-in-cheek movement
called Keep Austin Weird -
and uses it as a marketing tool.
"We have a looser view of
things," Bercu said.
BookPeople also holds pro-
grams that go beyond the typi-
cal author signing. It holds lit-
erary day camps for children of
different ages, hoping to create
a new generation of customers.
Being different has also
helped keep Plum, a Harris-
burg, Pa., women's clothing
store in business for 40 years,
and owner Isaac Mishkin
expects that to help him
through a sales slowdown that
has also afflicted other retail-
ers in the area.
"Our year was fine until two
months ago and then had what
I'd say is a 10 per cent decline,"
said Mishkin, adding that sales
look like they're picking up
now.
What has worked for him is
to stock clothes that are differ-
ent from competitors', espe-
cially the national apparel
chains. Mishkin's clothes are
moderate to upscale, and he'll
buy merchandise, including
some suits that can run $800 to
$900, with groups of his cus-
tomers in mind; by knowing
what they're looking for, he
buys clothes he knows he can
sell. He's expecting sales to
bump higher as the season pro-
gresses, but the difficult envi-
ronment will likely shave his
sales and margins somewhat.
"When it's all said and done,
we'll probably end up a couple
percent in sales and down a
couple percent itn profit," he
said.


Independent retailers find




ways to deal with economy




during the holiday season


GIGANTIC


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Polymers International, Limited
Queens Highway, P.O. Box F-42684
S Freeport, Grand Bahama
Bahamas
Office: (242) 352-3506 Facsimile: (242) 352-2779

Polymers International Limited currently is accepting applications for the
following positions. Resumes can be mailed or dropped off at the main
office on Queens Highway.



Human Resources Manager

This person will be responsible for administering all aspects of Company
human resources and functions. This person will assume responsibility for
the effective performance of various human resource functions, including
recruiting, interviewing, hiring, payroll and for insuring corporation-wide
compliance with all related government regulations. This person will provide
recommendations to Senior Management in establishing overall human
resource objectives, policies and plans This person will ensure that Human
Resource activities are conducted in accordance with established Company
policies and within established procedures. This person will also assign,
direct and appraise Human Resources personnel.

This is not an entry-level position. The successful candidate will have
proven abilities in the Human Resources field with a minimum of 5 years
experience. Superior written and spoken communication skills, including
sincere and effective listening skills, are critical. A high degree of
organizational skills is essential. The candidate should possess a bachelor's
degree or higher in human resources or related field of study.



Information Technology Manager

The Information Technology Manager will maintain and manage all
information technology equipment and assets including file servers, network
infrastructure, software applications, and telephony systems. This person
must keep abreast of current technologies and prepare appropriate project
plans for infrastructure changes. This person will support staff and
administrative personnel IT needs.

The successful candidate will have a minimum of a Bachelor of Computer
Science or equivalent and a minimum of 5 years experience providing
network systems support. Technical certifications in Microsoft Windows
a plus. Applicants who additionally have experience in Microsoft SQL
server, Crystal Reports, and Platinum BatchMaster software preferred. This
position requires on-call availability 24/7, 12 months a year. This person
must also be able to work additional hours including weekends and must
possess travel documents for outside the Bahamas. If you have excellent
communication and organizational skills and are looking to work in a team
environment developing technology, mail or drop off your resume.


Up To 20% Off o


AL ITM


THE TRIBUNE


PAGE 10B, THURSDAY, DECEMBER 13, 2007







TH TRBUETHRSAINECMER13S00,1AE1i


US


trade


deficit


at


three-month high


INSIGHT

For the stories

behind the news,

read Insight

on Monday


* By MARTIN CRUTSINGER
AP Economics Writer
WASHINGTON (AP) -
The U.S. trade deficit rose to
the highest level in three
months, with record oil prices
and a flood of toys and other
imports from China swamping a
solid gain in American exports.
The .Commerce Department
reported Wednesday that the
deficit for October increased to
$57.8 billion, the highest level
since July and 1.2 percent above
the September imbalance.
The widening deficit was
slightly worse than expected and
occurred even though U.S.
exports of goods and services
rose for an eighth consecutive
month, climbing 0.9 percent to
an all-time high of $141.7 bil-
lion. This gain was offset by a I
percent rise in imports to $199.5
billion, also a record, as a surge
in global oil prices sent Ameri-
ca's oil bill soaring.
The deficit with China
jumped 9.1 percent to $25.9 bil-
lion, a record for a single month.
The rise reflected record
imports from China, led by large
gains in shipments of toys and
games and televisions as retail-
ers stocked their shelves for
Christmas. The demand for Chi-
nese imports is still surging
despite a string of high-profile
recalls of Chinese products from
toys with lead paint to defective
tires and tainted toothpaste.
So far this year, the trade
imbalance with China is running
at an annual rate of $256 billion,
putting it on track to surpass last
year's $233 billion deficit, which
had been the highest deficit ever
recorded with a single country.
Those record deficits have
.triggered a backlash in Con-
gress, with dozens of bills intro-
duced seeking to penalize China
for what critics see as unfair
trade practices contributing, to
the loss of 3 million U.S. manu-
facturing jobs since 2000.
Treasury Secretary Henry
Paulson and other members of
President Bush's Cabinet were
meeting with their counterparts
in China this week for the third
round of talks aimed at defusing
trade tensions. While minor
agreements were expected,


there was likely to be no break-
through on the biggest point of
contention, China's underval-
ued currency. The currency dis-
parity makes Chinese products
cheaper in America and U.S.
goods more expensive in Chi-
na.
Some of the legislation in
Congress seeks to impose penal-
ty tariffs on Chinese products
unless China allows its currency
to rise in value against the dollar
at a faster rate. But Vice Pre-
mier Wu Yi, the leader of the
Chinese delegation, delivered a
blunt threat of Chinese retalia-
tion should the United States
impose economic penalties on
China.
"I need to be quite candid
about this: If these bills are
adopted, they will severely
undermine U.S. business ties
with China," Wu said at the
opening of the talks with Paul-
son on Wednesday.
Exports
The gain in exports was led
by increased shipments of civil-
ian aircraft, industrial equipment
and telecommunications prod-
ucts. U.S. manufacturers have
been benefiting from a fall in
the value of the dollar against
many other currencies includ-
ing the European euro. The
weaker dollar makes U.S. goods
cheaper on overseas markets
while making foreign products
more expensive for U.S. con-
sumers.
So far this year, the U.S. trade
deficit is running at an annual
rate of $704 billion, down by 7.1
percent from last year's $758.5
billion, putting the country on
track to see the first narrowing
of the deficit after five consecu-
tive years of record imbalances.
The import gain was led by
an 8.3 percent jump in the for-
eign oil bill with petroleum
imports setting an all-time high
of $29.6 billion in October. The
average price of a barrel of
imported crude also set a record
at $72.49 per barrel. The oil bill
is expected to rise even more in
coming months, reflecting the
fact that prices jumped to near
$100 per barrel at their peak this
fall.


Vacancy Announcement No: SGP- 2007/ 0001
Deadline For Application: 21 December 2007


Position Title
Duty Station

Grade Level

Duration
Post Number:
Organizational Unit


National Coordinator
Nassau, BAHAMAS
An attractive compensation package based on qualifications and
experience
One Year, with the possibility of renewal


GEF'-SGP


The Global Environment Facility (GEF), established in 1991, helps developing countries fund
projects and programs that protect the global environment. GEF grants support projects related to
biodiversity, climate change, international waters, land degradation, the ozone layer, and persistent
organic pollutants. The Small Grants Programme (SGP) embodies the very essence of sustainable
development. SGP channels financial and technical support directly to NGOs and CBOs for
activities that conserve and restore the environment http://sgp.undp.org. GEF is establishing the
SGP in The Bahamas.

DUTIES AND RESPONSIBILITIES

Effective management of the GEF-SGP (Global Environment Facility Small Grants
Programme) local team, the SGP programme and its portfolio -- from programme strategy to
individual project concept and design to technical support to SGP grantees, monitoring and
evaluation -- to ensure compliance with the overall approved global SGP Strategic
Framework, the SGP Operational Guidelines, the SGP annual work programme, the
national environmental and sustainable development priorities, as well as the annual
delivery of the national SGP targets.

Building strategic partnerships with development partners, such as donors, foundations,
private sector and civil society, to promote SGP and mobilize resources.

Contribution to GEF-SGP's efforts to develop effective national, regional and global
networks for technical support and knowledge management, within the GEF SGP and with
external institution, including academia.

The Terms of Reference (TOR) may be viewed at www.iobs.undp.org.
MINIMUM REQUIREMENTS

Advanced university degree in environmental economics, Business Administration or related
field
At least 5 years of relevant experience in development work, which should include
programme management preferably with an extended specialized experience in any of the
GEF-SGP focal areas.
Excellent analytical and writing skills
Excellent people management and interpersonal skills
Ability to communicate effectively
Good negotiation and problem-solving skills
Proficiency in word-processing, spreadsheet, presentation, and database applications
Fluency in English


TO APPLY:
Send applications including UNDP/I GEF-SGP National Coordinator
a 5 10 page writing Bahamas Environment Science and Technology (BEST) Commission
sample to: Office of the Prime Minister
Nassau Court, P.O. Box CB-10980
Nassau, The Bahamas
via e-mail to registrv.im@(undp.org or online at www.jobs.undp.org
This vacancy is open to qualified male and female nationals of the Bahamas.
We thank you for your application but only short listed candidates will be contacted


Consolidated Water (Bahamas)
Ltd.


Invites application forth position of:

WELDERIMECHANICAL TECHNICIAN


Consolidated Water (Bahamas) Ltd. operates several Reverse Osmosis
Plants within the Bahamas. As a market leader, the Company enjoys a
reputation of providing a wholesome quality product, whilst maintaining a
strong commitment to its customers, its employees and the community at
large,
The Company currently has a vacancy for the position of
Welder/Mechanical Technician, The successful candidate will report
directly to the Maintenance Team Leader. The Welder/Mechanical
Technician shall be responsible for preventive and predictive maintenance
and repairs of Reverse Osmosis Plant Mechanical and Building Systems,
Additionally duties shall include assisting with other maintenance duties of
the operations.
The prospective candidate must possess the following skills:
Shall be a Certified Welder for welding associated with
stainless steel and alloy steel high pressure vessels and
high pressure pipe systems.
Shall be capable of welding utilizing Tig and Mig Welding
Machines.
Shall be responsible for performing plant mechanical
repairs of Reverse Osmosis Plant Systems.
Shall be responsible for repairs to Plant and Building
structures.
Shall have a working knowledge and proficiency with
Microsoft Office and Maintenance Management
software.
Ability to prepare weekly/monthly reports of work
performed.
Must have proven history of good interpersonal skills.
Must be prepared to work long hours, weekends and
travel to other business centers of the company.
Interested persons can forward their resumes to the following
address on or before December 14,2007:
The General Manager
Consolidated Water (Bahamas) Ltd.
P 0 Box CR 54030
Nassau, Bahamas


I


THURSDAY, DECEMBER 13, 2007, PAGE 11B


THE TRIBUNE







PAE 2B TURDBUECMER13N207THSTIBN


Royal Island (Bahamas) Limited

INVITATION FOR EMPLOYMENT

Royal Island (Bahamas) Limited, the developers of the
Royal Island resort and residential project at North Eleuthera
invites suitably qualified individuals to apply for the
following positions with the company:

Spa Manager
Must have at least 5 years experience in all aspects of
spa therapies.
Experience with and knowledge of local spa and beauty
products.
A commitment to service at the highest level.

Yoga Instructor/Fitness Club Instructor
Must have experience in fitness club industry.
Qualified yoga instructor.
Experience in the tourism field a plus.

Sous Chef
Must be able to prepare 5 star French cuisines in an
island atmosphere.
Must have experience in a 4 or 5 star small boutique
restaurant environment.
Commitment to service at highest level

A la Carte Waiter
Must have at least 5 years experience as a waiter in a
fine dining atmosphere or highly regarded restaurant
Knowledge of French inspired cuisine a plus.
Commitment to service at highest level.

Bartender
Must have 5 years experience in a 4 or 5 star hotel or
cocktail bar.
Must have extensive knowledge of cocktails and wine
varieties.
Experience in dealing with high level clientele.
All positions require successful applicants to reside at
North Eleuthera.
Interested persons should submit their resumes with cover
letter to:
Harcourt Management Services Ltd.
P.O. Box N-1991
Nassau, Bahamas
Fax to: (242) 356-4125
Or Email to: info@gomezcorp.com
.Royal Island (Bahamas) Limited thanks all applicants for
their interest, however only those under consideration will
be contacted.


* By MARTIN
CRUTSINGER
AP Economics Writer
WASHINGTON (AP) -
The Federal Reserve
announced Wednesday it was
coordinating with other central
banks to deal with the global
credit crunch. Wall Street ral-
lied after the surprise
announcement.
In a statement timed before
the start of trading in New
York, the Fed said it planned to
offer $40 billion in emergency
funds to banks next week
through an auction process.
The Fed said that it was cre-
ating a temporary auction facil-
ity to make funds available to
banks and was also setting up
lines of credit with the Euro-
pean Central Bank and the
Swiss Central Bank that could
be used for additional
resources.
The first two auctions of $20
billion each will occur next
week on December 17 and
December 20.
"This is not about particular
financial institutions with par-
ticular problems. It is about
market functioning," said a
senior Federal Reserve official
who briefed reporters on con-
dition of anonymity because of
the sensitive nature of the
actions.
This Fed official, who spoke
to reporters on a conference
call, said that the adverse reac-
tion of Wall Street on Wednes-
day had nothing to do with the
timing of the announcement.
This official said discussions
with the other central banks
had been going on "for a
while."
Wall Street investors
applauded the Fed's latest


effort to combat the country's
worst credit crisis in nearly a
decade. The Dow Jones indus-
trial average -was up by more
than 200 points in early trad-
ing although it later gave back
some of those gains. A day ear-
lier the Dow had plunged 294
points as investors expressed
disappointment with what they
saw as a lack of urgency on the
part of the central bank for
dealing with a credit crunch
which threatens to push the
country into a recession.
The Fed cut a key interest
rate on Wednesday but by a
quarter-point rather than the
bolder half-point move that
many investors had hoped for.
Economists looked more
favorably on Wednesday's
action, although they cautioned
that the Fed's experiment at
finding another way to inject
cash into the banking system
had not been tested.
"Clearly, the Fed is feeling
its way in the dark here. Cur-
rent conditions are unprece-
dented in modern times," said
Ian Shepherdson, chief U.S.
economist at High Frequency
Economics.
Analysts said the use of auc-
tions to try to get more money
into the banking system was an
acknowledgment that efforts to
spur direct loans from the Fed
to banks through the Fed's dis-
count window had not worked
as well as hoped because of
banks' fears that investors could
become worried if they started
utilizing the Fed's discount win-
dow to any large extent.
In its announcement, the Fed
said it had reached an agree-
, ment with the European Cen-
tral Bank as well as the Bank of
England, the Bank of Canada
and the Swiss National Bank


to address what it termed "ele-
vated pressures" in credit mar-
kets.
The Fed said that commer-
cial banks would be able to bid
at auction for funds that would
be drawn from the Temporary
Auction Facility. The money
would be intended to help cash-
strapped banks raise money
needed to keep making loans
to businesses and consumers.
The action represented
another step by the Fed to deal
with a serious credit crunch
stemming from the tightening
of bank lending standards in
'the wake of multibillion dollar
losses from a rising tide of
defaults on mortgage loans.
The Fed said all banks
judged to be in generally sound
financial condition by their Fed
regional bank would be eligi-
ble to participate in the auc-
tions for funds.
The first auction of $20 bil-
lion was scheduled for next
Monday, followed by another
auction of $20 billion on
December 20. The third and
fourth auctions will be on Jan.
14 and 28 with the amounts not
yet set.
The Fed said that the new
auction process should "help


promote the efficient dissemi-
nation of liquidity" when other
lines of credit were "under
stress."
The experience gained from
the four scheduled auctions
would be "helpful in assessing
the potential usefulness" of this
new process to provide funds
to U.S. banks, the central bank
said.
It said that the temporary
swap arrangements being set
up would provide up to $20 bil-
lion in reserves for the Euro-
pean Central Bank and up to
$4 billion for the Swiss Nation-
al Bank. The reserves would be
available for up to six months.
Since the global credit crunch
hit with force in August, other
central banks as well as the
Federal Reserve have been
injecting massive amounts of
money into the banking system
in an effort to keep credit flow-
ing.
However, those efforts have
only been partially successful.
Many businesses and con-
sumers report rising trouble in
obtaining loans as banks
become more fearful about
extending credit in the wake of
a surge in bad loans stemming
from the U.S. housing crisis.


Lot #90-E comprising 16,521 sq.ft. and situated on the western side
of the main eleuthera highway and approximately 2,219 ft. northerly
of four-for-nothing road in the Settlement of Lower Bogue,
North Eleuthera, Bahamas.

Infrastructures are in place.

For conditions of the sale and any other information,
please contact: Credit Risk Management Collection Unit
Phone: .356-1685 or 356-1608, Nassau, Bahamas

Interested persons should submit offers in writing addressed to:
The Manager, Credit Risk Management Managing Director's Office

P.O. Box N-7518, Nassau, Bahamas


MUST SELL

VACANT COMMERCIAL PROPERTY



Lot #90-G comprising 18,926 sq.ft. and situated on the western
side of the main eleuthera highway and approximately 2,219 ft.
northerly of four-for-nothing road in the Settlement of Lower
Bogue, North Eleuthera, Bahamas.

Infrastructures are in place.

For conditions of the sale and any other information,
please contact: Credit Risk Management Collection Unit
Phone: 356-1685 or 356-1608, Nassau, Bahamas

Interested persons should submit offers in writing addressed to:

The Manager, Credit Risk Management Managing Director's
Office P.O. Box N-7518, Nassau, Bahamas






MUST SELL





Lot #90-B comprising 22,376 sq.ft. and situated on the
western side of the main eleuthera highway and
approximately 2,219 ft. northerly of four-for-nothing road
in the Settlement of Lower Bogue,
North Eleuthera Bahamas.

Infrastructures are in place.

For conditions of the sale and any other information,
please contact: Credit Risk Management Collection Unit
Phone: 356-1685 or 356-1608, Nassau, Bahamas

Interested persons should submit offers in writing addressed to:

The Manager, Credit Risk Management Managing Director's
Office P.O. Box N-7518, Nassau, Bahamas


Fed and central





banks move on





credit crunch


NOTICE
NOTICE is hereby given that ABELJETHRO PIERRE of
MARIGOLD FARMS, 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 13TH day of December, 2007 to the Minister
responsible for Nationality and Citizenship, P.O.Box N- 7147,
Nassau, Bahamas.


MUST SELL

VACANT COMMERCIAL PROPERTY



Lot #90-C comprising 21,430 sq.ft. and situated on the western
side of the main eleuthera highway and approximately 2,219 ft.
northerly of four-for-nothing road in the Settlement of Lower Bogue,
North Eleuthera, Bahamas.

Infrastructures are in place.

For conditions of the sale and any other information,
please contact: Credit Risk Management Collection Unit
Phone: 356-1685 or 356-1608, Nassau, Bahamas

Interested persons should submit offers in writing addressed to:

The Manager, Credit Risk Management Managing Director's
Office P.O. Box N-7518, Nassau, Bahamas


PAGE 12B, THURSDAY, DECEMBER 13, 2007


THE TRIBUNE








TERBETSEC




ECB to make as much as $20bn





available to European banks


* By MATT MOORE
AP Business Writer
FRAN K FURT Germany
(AP) The European Central
Bank said Wednesday it would
niake as much as $20 billion
aW ailable to European banks,
ini part to fill their demand for
s ,arce dollars, as part of coor-
dinated action with the U.S.
Federal Reserve and other cen-
tfal banks.
fThe Fed said its agreement
with the ECB, the Bank of Eng-
hind, the Bank of Canada and
the Swiss National Bank was
aitnid at addressing "elevated
P1' res" in credit markets.
\ dechne in interbank lend-
nii has produced higher Libor
imetect rates. Libor is short-
h1inld t'oI the London Interbank
Offered Rate and is widely used
as a reference rate for such
things as variable rate mort-
giAges.
in a statement, the ECB said
it would conduct two tenders in
cbnijunction with the Fed, with
bids due on Dec. 17 and Dec. 20


that would mature on Jan. 17
and Jan. 31. The Fed will pro-
vide up to $20 billion in dollars
to the ECB "by means of a tem-
porary reciprocal currency
arrangement," the ECB said.
Move
The move will help the Euro-
pean central banks make more
dollar loans to banks in their
respective areas and could put
downward pressure on inter-
bank dollar rates. Markets have
long worried that since foreign
central banks can use only their
own currency to inject funds to
money markets, that has led to
a sort of squeeze on bank fund-
ing.
"It probably means that it will
give easier access to dollar funds
for European banks," said
Commerzbank economist
Christoph Balz, who added that
a similar move was made just
after the Sept. I1 attacks in 2(X)1
to provide access to dollars
because "at that time there was
also a problem for accessing


dollar funds for European
banks."
Balz said the decision, while
not unprecedented, was "a very
rare thing."
Since the global credit crunch
hit in August, many central
banks have injected massive
amounts of money into the
banking system in an effort to
keep credit flowing. Those
efforts have only been partially
successful, as banks have
become more fearful about
extending credit in the wake of
a surge in bad loans stemming
from the U.S. housing crisis.
The U.S. central bank said
that it was creating a temporary
auction facility to make funds
available to banks and was also
setting up lines of credit with
the ECB and the Swiss Central
Bank that could be used for
additional resources.
The Bank of England said it
would increase the amount of
reserves offered at a 3-month
maturity and widen the range
of collateral accepted in tenders
already scheduled for Dec. 18


and Jan. 15. The reserves
offered will be raised from 2.85
billion pounds ($5.83 billion) to
11.35 billion pounds ($23.22 bil-
lion), of which 10 billion pounds
($20.46 billion) will be offered
at a 3-month maturity, the bank
said.
The bank said it would not
make any further changes to
those two auctions, but added
that it would consider changes
to operations scheduled after
January "in light of market con-
ditions at the time."
The Swiss National Bank said
that in addition to its Swiss franc
operations, it would.offer a dol-
lar tender auction on Dec. 17
worth up to $4 billion. It said it
may conduct additional U.S.
dollar auctions, "subject to
evolving market conditions."
Ashraf Laidi, chief foreign
currency analyst at CMC.Mar-
kets in New York, said he was
not aware of a specific dollar
shortage, but there was a gen-
eral problem with liquidity in
all major currencies ahead of
the end of the year.


"The central banks are resort-
ing to the same sort of swap
agreements that were used right
after 9-11," Laidi said.
"This is a short-term solution
that does not alleviate the prob-
lems of subprime loans or the
housing problems. It is unusual
that four banks are coordinating


The Entrance


it and resorting to swapping
instruments among them-
selves."
Commercial banks in general
try to "dress up" the balance
sheets at the end of a year. The
crisis in the credit markets puts
extra pressure on commercial
banks this year.


Examination


When it comes to diagnosing and

monitoring cancer, waiting will not do.


Elite Imaging's champion radiologists use leading-edge
technologies not available in the Caribbean, including
PET/CT and 3-Tesla MRI.These technologies-
unique to the U.S. can help save lives by diagnosing
IInd st'lgiing cancer, as well as other diseases.

Now, you can get a life-saving scan at one of Elite
Inaging's two South Florida locations. Best of all,
most Bahamian health insurance providers pay for our
tests ahd, in some cases, even your travel is covered.


Call to schedule your scan today, and ask about our
flight/hotel/scan packages.


ELITE IMAGING

305-692-2222 242-302-0342 www.cliteimaging.net MRI MRA PET/CT


"s Kingsway Academy


ENTRANCE


EXAMINATION

FOR SEPTEMBER 2008.


will be held at the school on
Bernard Road on Thursday,
January 12,2008 from 8:00 a.m. -
1:30 p.m. for students wishing to
enter grades seven through ten.


Deadline for applications will be
Thursday,January 10.Aplications
can be collected at the Business
Office from 8:00 a.m. to4:00 p.m.






For more information please
call telephone numbers
324-8811: 324-3409: or 324-6269


Consolidated Water (Bahamas)
Ltd.


Invites application for the position of:

MAINTENANCE TEAM LEADER


Consolidated Water (Bahamas) Ltd. operates several Reverse Osmosis
Plants within the Bahamas. As a market leader, the Company enjoys a
reputation of. providing a wholesome quality product, whilst maintaining a
strong commitment to its customers, its employees and the community at
large.

The Company currently has a vacancy for the position of Maintenance
Team Leader. The successful candidate will report directly to the General
Manager. The Maintenance Team Leader's role is to provide positive
leadership and demonstrative first person management by leading the
maintenance personnel in achieving the company's goals with respect to the
planned maintenance of equipment, both preventive and predictive, training
of maintenance personnel and cost management.

Th6 prospective candidate must possess the following skills:

Strong Mechanical & Electrical Engineering skills.
Have demonstrative history of developing computer
bas4d preventive and predictive maintenance
management systems,
Strong PC skills, including working knowledge and
proficiency with Microsoft Office and Maintenance
Manag.oient software.
Ability to review weekly/monthly productivity
performance indicators of equipment & personnel,
monitor and control and report on the same.
Ensure that maintenance planning tools are utilized
properly & efficiently and are achieving the company's
goals.
Strong Cost Management skills.
Must have proven history of good interpersonal skills.
Must be prepared to work long hours, weekends and
travel to other business centers of the company.

Interested persons can forward their resumes to the following
address on oi01 before December 14, 2007:

The General Manager
Consolidated Water (Bahamas) Ltd.
PO Box CR 54030
Nassau, Bahamas


MMFAi


THURSDAY, DECEMBER 13, 2007, PAGE 13B


THE TRIBUNE


JP~







PAGE 14B, THURSDAY, DECEMBER 13, 2007


THE TRIBUNE


Newcomer breaks ranks at Fed


Frth st ories!'


* By ROBERT GAVIN
Globe Staff
c. 2007 The Boston
Globe

['RI(C Rosengren spent.
most of his career in the
background at the Boston
Federal Reserve, quietly con-


A leading Law firm with office located in Nassau is seeking to fill the
following position




Applicant must:
have a minimum ot 5 years experience as a legal Secretary
have strong typing skills
formal training in shorthand
be proficient in Microsoft Office including Word, Excel and Internet
usage
be self motivated and able to work without supervision

Applicants with background in Conveyancing, Banking, Civil Litiga-
tion, Wills, Immigration matters encouraged. Medical Insurance and
Pension Plan offered.

Salary commensurate with skills and experience.

Interested persons should apply in writing to:

The Office Manager
P.O. Box N-4196
Nassau, Bahamas





ACCOUNTS CLERK

A progressive organization seeks to hire an
Accounts Clerk. The successful candidate
will be responsible for recording various
business transactions and generating
monthly financial statements and reports for
management.

Qualifications
Candidate must have at least an associate
degree in accounting with a minimum of five
(5) years experience or a bachelor degree
with a minimum of (3) years experience.
Knowledge of Microsoft Excel and Quick
Books would be an advantage.

Salary range: $16,200-$25,000 per Annum.


Qualified and interested applicants should
forward a copy of their curriculum vitae to:-

c/o The Tribune
DA Number 5405
P.O. Box N-3207
Nassau, Bahamas

All responses should be received by
December 18, 2007.


ducting economic research
and running the banks regu-
latory and credit operations.
Tuesday, the recently
appointed Boston Fed presi-
dent stepped to the forefront
in a big way.
Participating in just his
fourth rate-setting meeting at
the Federal Reserve in Wash-
ington, Rosengren cast the
lone vote of dissent, favoring
a half-point cut in the key
Fed interest rate over the
quarter-point reduction poli-
cy makers approved. In doing
so, he reflected the sentiment
of many analysts that the
economy -slowing rapidly
under the pressure of housing
and credit woes needs
stronger medicine to skirt a
recession, economists said.
"Rosengren is very new,
and it's surprising that he
stuck out his neck," said Ian
Shepherdson, chief US econ-
omist at High Frequency
Economics, a forecasting firm
in Valhalla, N.Y. "It was the
right thing to do, and I'm dis-
appointed he didn't get his
way."

Investors

Investors were disappoint-
ed, too, and the Dow Jones


industrials plunged nearly
300 points, or two per cent.

Dissents

Such dissents at the Fed's
rate-setting Open Market
Committee are unusual,
although they've happened
more frequently under Chair-
man Ben Bernanke than his
predecessor, Alan
Greenspan, economists said.
A member of the committee
has dissented in six of the 15
meetings Bernanke has led.
In October, Thomas M.
Hoenig, the Kansas City Fed-
eral Reserve Bank president,
favored leaving the bench-
mark rate unchanged, instead
of cutting a quarter point, as
the panel approved.
The Fed uses interest rates
to manage the economy, rais-
ing them to slow it when
inflation threatens and cut-
ting them to stimulate activity
when recession threatens.
Bernanke and others on the
Open Market Committee
don't comment on interest
rate decisions and Rosen-
gren, through a spokesman,
declined to comment Tues-
day.
In some ways, the contra-
dictory dissents at the last


two meetings represent the
difficulties of gauging the
effect of the meltdown in the
US housing and mortgage
markets, and the credit tight-
ening that has followed.
Some believe the economy,
which grew at a strong 4.9 per
cent annual rate in the last
quarter, has momentum to
weather the credit crunch
with moderate stimulus, and
more aggressive moves risk
igniting inflation.
Others believe the credit
crunch is pushing the econo-
my near recession and the
Fed needs to act boldly to
ensure lenders keep lending
and investors investing.
Rosengren, 50, became
Boston Fed president in July,
and took a seat on the Feder-
al Open Market Committee
at its August meeting. The
seven Federal Reserve gover-
nors and the president of the
New York Fed have perma-
nent seats. Four seats rotate
among the other 11 Fed bank
presidents.

Analysts

Analysts said Rosengren's
dissent was probably
informed by Boston Fed
research that showed falling
home prices, rather than ris-
ing interest rates, drive the
surge in foreclosures. Falling
home prices make it impossi-
ble for people with unafford-
able loans to sell their homes,
the research says, forcing
them into foreclosure. They
also broaden the pool of peo-
ple who view their payments
as unaffordable, because of
the diminished prospect for a
return on the investment.
"The Boston Fed's
research says the key driver is
housing prices," said Brian
Bethune, US economist at
Global Insight, "and unless
you can stop the hemorrhag-
ing of housing prices, you're


not going to see the foreclo-
sure rate improve."
Lower interest rates can
boost the economy and home
sales, and help stabilize
prices, economists said.
Rosengren, who joined the
Boston Fed as an economist
in 1985, also studied the eco-
nomic effects of a credit
crunch during the New Eng-
land real estate and banking
collapse of the late 1980s and
early 1990s.

Time

At the time, said Richard
Syron, then the Boston Fed
president, Rosengren's
research found the credit
crunch caused by bank shut-
downs by federal regulators
was hurting the broader
.economy. Such a view was
considered "counterculture,"
Syron said, because estab-
lished economic thought sug-
gested new banks and lenders
would simply emerge to
replace those that were shut
down.
"That's good in the long
term," Syron said, "but a lot
of people get killed in the
short term"
Syron said Rosengren's
work ultimately convinced
federal regulators that, in
determining whether to shut
down banks, they needed to
consider how the loss of
available credittwould hurt
businesses, hiring, and invest-
ment.
Syron, now chief executive
of Freddie Mac, the govern-
ment-created mortgage
financing company; said the
experience may have influ-
enced Rosengren's vote
Tuesday.
"To dissent in one of your
first meetings is courageous,"
said Syron. "But if you've
been through a credit crunch,
it's a pretty searing experi-
ence."


COOK

NEEDED FOR

KINGSWAY CAFETERIA

FOR JANUARY, 2008.

Kingsway Academy is seeking the serivces
of a cook to prepare mieals in the Cafeteria
as of January, 2008. Interested applicants
should collect applications from the Busi-
ness office on Bernard Road from 8:00 4:
00 p.m. Monday through Friday.

Successful applicants must:
Be participating, committed born-again
Christian
Have a minimum of at least five (5)
years experience in food handling and
preparation.
Have a valid Health Certificate
Have a genuine love for children and
young people, etc.

For further information please contact the
following:

Ms. Kelcine Hamilton
Academy Affairs Manager
Telephone: 324-6269 or 324-6887

Deadline for applications Friday, Decem-
ber 28, 2007


NOTICE
NOTICE is hereby given that WINSTON EAMOND FORREST
OF ALTHEA LANE OAKSFIELU 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 13TH day of DECEMBER, 2007 to the Minister
responsible for Nationality and Citizenship, P.O.Box N-7147,
Nassau, Bahamas.



Consolidated Water (Bahamas)
Ltd.



Invites application for the position of

CONTROLS/ELECTRICAL TECHNICIAN

Consolidated Water (Bahamas) Ltd. operates several Reverse Osmosis
Plants within the Bahamas. As a market leader, the Company enjoys a
reputation of providing a wholesome quality product, whilst maintaining a
strong commitment to its customers, its employees and the community at
large.

The Company currently has a vacancy for the position of Controls/Electrical
Technician. The successful candidate will report directly to the Maintenance
Team Leader. The Controls/Electrical Technician shall be responsible for
preventive and predictive maintenance and repairs. of Reverse Osmosis
PlRant Control Systems and Single and Three Phase Equipment & Building
Systems. Additionally duties shall include assisting with other maintenance
duties of the operations.

The prospective candidate must possess the allowingg s ills

Strong Single and Three Phase Electrical Repairs and
Maintenance skills with certification in the same.
Strong trouble shooting skills of Single, Three Phase
Electrical Systems, Variable Frequency Drives and
Reverse Osmosis Plant Equipment.
Must have demonstrated experience with Allen
Bradley/Rockwell Power Line Carriers/Motor Starters.
Must have a working knowledge of Schnider PLCs.
Must be familiar with navigating and' trouble shooting
Paragon, Devicenet and Controlnet PLC Software.
Strong PC skills, including working knowledge and
proficiency with Microsoft Office and Maintenance
Management software.
Ability to prepare weekly/monthly reports of work
performed.
Must have proven history of good interpersonal skills.
Must be prepared to work o10ng hours, weekends and
travel to other business centers of the company.

Interested persons can forward their resumes to the following
address on or before December 14, 2007:

The General Manager

P0 Box CR 54030
Nassau, Bahamas


Pricing Information A/ Of: C F A L'"
Tuesday 11 Deceriner 200 7
F.ISX LIjS'IED TRADED SECURITIES VISIT WWvW. BXBAHAnAN.C0 1OR. M E =
r',. ,...... . -..." ,P P....s- ,i:,:. T.ua, i C.'. e Criangea, Daia Vol EPS $ Dih S P/E Yield
.*." -.r rl 1r. !: t OC 0 157 0000 10 1 000%
11.74 I 1 UO Bahamas Property Fund 11.65 11.65 0.00 500 1.502 0.400 7.8 3.43%
9.55 800 Bank of Bahamas 9.55 9.55 0.00 0.733' 0.260 13.0 2.72%
0.85 0.7( Boenchmnailk 085 0.85 0.00 22.500 0.188 0.020 4.5 2.35%
3 74 1 72 Bahamas WNaite 3.66 3.66 0.00 0.275 0.090 13.3 2.46%
2.65 1 22 Fidelity Bank 2.65 2.65 0.00 0.058 0.040 45.7 1.51%
12.02 9.99 Cable Bahamas 12.00 12.00 0.00 1.030 0.240 11.7 2.00%
3.15 1 88 Colina Holdings 3.15 3.15 0.00 0.031 0.080 101.6 2.54%
8.04 4.13 Commonwealth Bank (Sl) 8.04 8.03 -0.01 7.450 0.426 0.260 18.8 3.24%
722 4 74 Consolidated Water BDRs 6.01 5.96 -0.05 0.129 0.050 46.6 0.83%
2.60 2 20 Doctor's Hospital 2.27 2.28 0.01 10,000 0.316 0.020 7.2 0.88%
6.85 5 70 Famqguard 6.85 6.85 0.00 0.713 0.240 9.6 3.50%
12.80 12.00 Finco 12.75 12.75 0.00 0.829 0.570 15.4 4.47%
14.75 14.15 FirstCaribbean 14.60 14.60 0.00 150 0.934 0.470 15.6 3.22%
6.10 5.18 Focol (S) 1 5.96 5.96 0.00 0.359 0.140 16.6 2.35%
1.00 0.54 Freeport Concrete 0.73 0.73 0.00 -0.415 0.000 N/M. 0.00%
8.00 7.10 ICD Utilities 7.25 7.25 0.00 0.411 0.300 17.6 4.14%
11.00 860 J. S. Johnson 11.00 11.00 0.00 0.991 0.590 11.1 5.36%
10.00 10.00. Prenle-r R.al Estate 10.00 10.00 0.00 1.167 0.600 8.6 6.00%
Fidelity Over-The-Counter Securtitis' -',-'
52wk-Hi 52 i ... ..I .i B.a I.. ,s. I La li Pr.ne Wea l ..Il EPS $ DIv S PIE Yield
14.60 i s i. ....... ,. .> -,c 14 1- 60 1600 1 160 1 185 13 4 8 12
8.00 6 00 Caribbean Crossings (Prel) 6.00 6.25 6.00 0.000 0.480 NM 7.80%
0.54 0.20 RND -i 1..., 0 35 0 40 020 -0 030 0.000 N/IM 0.00%
41.00 41 00 ABDAB .Il 1..1 4 3 00 .1100 4450 2 750 90 6 70%
14.60 14.00 BahLiamas ,uprOrtnarkets 14.60 15.60 14.00 1.160 1.125 13.4 7.71%
0.55 0 40 RND Hloldinqs 0.45 0.55 0.45 -0.030 0.000 N/M 0.00%
52wk-H-li S2wk-Low Fund Nami, NA V YTD% Last 12 Months Div $ Yield %
1.3663 1.2647 Colinm Monlly Market Fund 1.366332*
3.5388 2.9728 Fidelity Bahanmas G & I Fund 3.5388***
2.9902 2.4723 Colinrt MSI Preferred Fund 2.990218*
1.2827 1.2037 Colinia Hond Fund 1.282687"
11.8192 11.3075 Fid,.lit/ P'r'mn. icomre Fund 11.8192"**
BISX ALL SHARE INDEX 190 Dor 0 1,000 00 MARKET TERMS YIELD laI 12 month dividend divided by closing price NAV KEY
52wk-HI Highest c'osirnq prico in l;as 52 wsoks Bid S Buying price of Colins and Fidelity
52wk-Low Lowest closing pricd in last r5' wnoks Ask $ Selling price of Colina and fidelity 30 November 2007
Previous Closo PiOvio, day's wulghtlc pr, u for dally volume Last Price Last traded over-the-counter price 30 June 2007
Today's Close C r-Lirunt day' wiitil lhd p.r.. for daily volume Weekly Vol, Trading volunie of the prior wooeek 31 October 2007
Change Change in osirnU pri.o from. day lo dLay EPS $ A company's reported earnings per share for the last 12 mnthe 31 July 2007
Daily Vol Numborr of total slinr. traded today NAV Nol Asset Value
DIV $ Dividends per share paid in the last 12 months N/M Not Meaningful
PIE Closing price divided by the last 12 rrioth earnings FINDEX The Fidelity Bahamas Stock Index. January 1, 1994 100
(S) 4-for-1 Stock Split Effective Date 8/8/2007
(S11 3-for-1 Stock SoIII- Effoclivo Dnat 7/11/2007
TO RADE CALL COLINA 242-602-7010 1 Ffr"Lw,.;._-.-


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\ GI. 1 T, THURSDAYY, DECEMBER 13, 2007 1[HII I HIBUNE

BUSINESS


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Baker's Bay opponents




'astounded' by the PM


* By NEIL HARTNELL
Tribune Business Editor

OPPONENTS of the multi-
million dollar Baker's Bay Golf
& Ocean Club a;e fuming over
an alleged snub by Prime Min-
ister Hubert Ingraham, their
attorney claiming that he did
not respond to their requests
for a meeting over a project that
is "economically useless for the
Bahamas".
Fred Smith, the Callender's
& Co partner representing the
Save Guana Cay Reef Associa-
tion, told The Tribune that his
clients were "astounded" that
the Prime Minister would trav-
el to Abaco to meet the Baker's
Bay developers and Hope
Town District Council, but not
them.
Mr Smith said: "We find it
astounding that the Prime Min-
ister should choose to visit the
developers of Guana Cay and
the Hope Town District Coun-
cil" but not visit the residents,
and Bahamian citizens that
comprise the Save Guana Cay
Reef Association.
"Earlier in the week, when
we discovered the Prime Minis-
ter was going to visit Guana
Cay, we requested through His
secretary that he also make time
to visit with them in Abaco. We
received no response to that
request."
Mr Ingraham had said dur-
ing his visit that there was "no
basis" for any further opposi-
tion to the Baker's Bay project,
being conducted by Arizona-
based Discovery Land Compa-
ny.
He said of the development:
"The Government of the
Bahamas is satisfied that the
development of Baker's Bay
is in the public interest of the
Bahamas, and we will do what-
ever is necessary to ensure that
we effectively support and
facilitate and accommodate the
development.
"It is contributing signifi-
cantly to the economy of Aba-
co, as it is producing in terms
of wages some $1 million per
month. From a government
point of view, that means that
200.000 of that comes direct-


ly back to thi ,
public itrea .
sury as rev-
enue. Addi-
tionally, they
are accessing


B a h a in i a i n
suppliers and
con I ractlors
and we wvishi .
we had many
more like themll."
To that, Mr Smilth replied:
"The Primen Mii istei is liiss-
ing the poinl. I is not ibouti
whether lakcr'; 1Hav is the
best dlevlopienl Iiln thel
SBallham ias.
"'It is inaplpropli c fla r x tih
iOCation. It is ecoillorici allyl st-
less for I h Bahalm -,. It is a
gated comn uLlnit\' 0or 'tlffluenl
foreign investors. It is being
built nlostlV by foreign labour.
No Bahamian on G (uaia ( av
has any of the tax exemptions
available to the foreigners. We
consider this discriminatory.
"Insltead of 'llipoc\ering
Hahamliins by giving them
Crown l aind oil (iuana C;iy, it
has been given to hforcicliCiers
for pro filt.
The notion that Bakci 's Bly
is "economically useless"' for
the Bahamas to likely to find
little support among Baker's
Bay's developers.
Michael Meldinan. Discov-
ery Land Company's chief
executive, said at the weekend
that the developers had spent
more than $100 millirm on tlhe
Guana Cay project. and are
likely to double that invest-
mlient within the next year.
"The projccl fromn a land
standpoint just a lot sale
standpoint will be in exces- $1I
billion maybe $1.5 billion just
in land sales." lie added.
This was before homes were
constructed. Mr Meldman
explained. lie added that the
lots ere priced at S 2.5 -$10
million.
"So. let's sa\ ou have a 54
million lot. and build a (- 1 10,000
square foot house. TI he actual
cost that will come to the econ-
omxy will be another $6 -8 mil-


lion. so it ouii have (0(II houses
il would h1 $' billion. M
ideldiman said.
"So Ihe build ouill of ihe pr)o-
jectcl as il equates to.lln ; Stamp
I ax will be I uiii.ln heds a i( liI i-
dreds ol millions of dollars. It is
a significant economic impajci
to tIll economy of Abace."
Mr Meldnian said .l in mil
lion of thi' i()5 million cost of
the inirinia Ias beei spent, and
within six to eight Imonths the
golf. course should be nearly
done' ;II.I a fe .l do enli oIn ,
unLdci C lonsltriction
*,()1' Iie 250 lots available.
9(0 have been sold, and within
90 ( dai s (v lstIrulctliol will heili
oil a0oiit 20 ll them,'" he
added.
Many obseirver;s believe ihe
litigation over B3aker's Hla\
should be setIlled. iveln thlal
Discov civ l.Iand ( 'oimpanv aJ'
legitillalte investor s who
appeal 1o be fulfilling their
pledges and colinilitimeits out-
lined in thlie Ileads of Agree-
ment they signed withthe
Government in 2005.
'iet Mi Smith told i'he 'lri-
bune: ."I lie Association
inlendls to eontiinluie its pursuit
of justice. We have coinm-
nienCceCd a Unimbel of actions.
and we are waiting for the
judgment otf the Court of
Appeal. We intend at every
stage in the future to protect
uid promote our rights.
Ile argued that it was notl fot
the Prime Minister to detei-
mine whether there was any
legitimate basis for Baker's
Bay to go forward. Itut tlih
courts.
"The only thing thle people
of Guana C(''iv are doinm is
holding thlie G(o)\Cerinli1l alnd
developers to legal Iaccount."
Mr Smith said.
lHe added that the process
should eicouiMgCe legitimate
investors because it sh ed tlihe
rule of law \was in force in the
Bahamas. I
Referring to Ihe Prime Min-
ister. Nr Smith said: "'If he
wants to promote inmesitment
that feecc, safe in the Bahamas.
he should focus his energies on
getting the judiciary sotled out.
and improving Iheir salaries.-


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