PRIVATE ITEM
Digitization of this item is currently in progress.
The Tribune.
ALL ISSUES CITATION DOWNLOADS
Full Citation
STANDARD VIEW MARC VIEW
Permanent Link: http://ufdc.ufl.edu/UF00084249/03084
 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: 09-01-2011
 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: UF00084249:03084

Downloads

This item is only available as the following downloads:

( PDF )

( PDF )


Full Text

PAGE 1

N ASSA U AND B AHAMA ISLANDS LEADING NEWSP APER Volume: 107 No.228 THURSDAY, SEPTEMBER 1, 2011 PRICE 75 (Abaco and Grand Bahama $1.25) WEATHER SUNNY, T-STORM HIGH 88F LOW 79F By NOELLE NICOLLS Tribune Staff Reporter nnicolls@tribunemedia.net POLICE detained the air craft of a local charity with questions about its operations, The Tribune can confirm. The Humanitarian Operation Foundation (HOPE Foundation) was allegedly flying its helicopters too low and landing on unauthorised locations, according to government officials. HOPE Foundation used two helicopters and a fixedwing aircraft from the United States to operate search and rescue missions, and to deliver relief supplies to family island residents in the wake of Hurricane Irene. Police detained one of the companys helicopters on Sunday in Cat Island while they investigated their concerns. This came on the heels of an alleged mis take that led to govern ment officials temporarily seizing some of the organisations relief supplies. The HOPE Foundation worked in collaboration with Sea Air Land Security (SALS) Inc, a Florida-based security company, com prised of ex-military pilots Questions about HOPE Foundation operations TRY OUR McFLURRY SNICKERS The TribuneTHEPEOPLESPAPER BIGGESTANDBESTLATESTNEWSONWWW.TRIBUNE242.COM Hurricane charity air craft detained NNOOBBOODDYY BBUUTTNNOOBBOODDYY BBEEAATTSSTTHHEETTRRIIBBUUNNEE I I N N S S I I D D E E T T O O D D A A Y Y CCAARRSS!! CCAARRSS!! CCAARRSS!! LLOOAADDSSOOFFJJOOBBSSAANNDDHHEELLPPWWAANNTTEEDD!! TTHHEETTRRIIBBUUNNEESSCCLLAASSSSIIFFIIEEDDSSTTRRAADDEERR By AVA TURNQUEST Tribune Staff Reporter aturnquest@tribunemedia.net THE sudden death of a mother-of-five who had experienced dengue feverlike symptoms has shocked loved ones who now ques tion whether or not they underestimated the disease. Grieving husband Jonathon Smith told The Tribune he now awaits the findings of an autopsy to understand why his wife, Eunice, 46, collapsed in his arms at their Pinewood home. Mr Smith said: I had just gone out to get (his wife) some more Gatorade, right as I pulled up, they came out to me saying that she wanted SEE page 11JONATHON AND EUNICE SMITH on their 20th wedding anniversary. MO THER-OF -FIVES DEA TH PR OMPT S DENGUE FEVER C ON CERNS SEE page 10 By CELESTE NIXON Tribune Staff Reporter cnixon@tribunemedia.net A WEEK after Hurricane Irene swept through the Bahamas, cell phone users are still experiencing dropped calls and interrupted services, or no service at all. BTC spokesman Marlon Johnson said that while the power plant in Nassau is largely online, some cus tomers are experiencing disruptions in services as a result of BTC resetting its network. Apologising for the service disruptions, Mr Johnson said some of the exchanges have gone offline what customers have been experiencing are dropped calls and failed calls which are just related to us getting our plant functioning. Mr Johnson added that these issues are being addressed and they hope to have problems fixed today. He said: We are hopeful in a day or two that phenom ena will go away. Most of the country was affected by Hurricane Irene when she tore through the Bahamas on Wednesday and Thursday of last week. While some minor issues persist, Mr Johnson said overall the BTC plant is in good shape. According to Mr Johnson, around 90 per cent of landline customers and 80 per cent of mobile customers remained in service throughout the storm. The islands affected the most continue to experience operational problems, in particular Eleuthera and Cat Island, said Mr Johnson. He said issues in service can either be attributed to dam aged poles, which are now being addressed by BTC along with BEC and the issue of unrestored commercial power. Mr Johnson explained CELL PHONE SERVICE ISSUES CONTINUE ONE WEEK AFTER HURRICANE By SANCHESKA BROWN MP for MICAL, V Alfred Gray has accused Prime Minister Hubert Ingraham of "cor rupt practices", after he trav elled to Abaco Monday using the Aga Khan's helicopter. The Prime Minister with a contingent of ministers went to Abaco to assess the damage after the passage of Hurricane Irene. That same day it was announced that dredging had started on the Aga Khans private island in the Exumas Bell Island. The island which is a part of the Exuma Cays and Sea park, has been the source of controversy among environmentalists who say the development would destroy the natural beauty, the ecological diversity and history associated with MP A CCUSES PM OF C ORR UPT PRA CTICES SEE page 10 SEE page 11 MP FOR MICAL V Alfred Gray TROPICAL storm Katia is not expected to be a direct threat for the Bahamas, meteorologists predicted yesterday. The storm has the potential to develop into a hurricane sometime today, however up to press time it had not developed a well-defined eye and was travelling at 70 miles an hour. According to Accuweather, storm projections indicate Katia, whose path is much further north than that of Hurricane Irene, will pass well to the east of the Bahamas. Despite favourable projections, Bahamians were advised to remain on their guard and keep abreast of the storms path over the next few days. S T ORM N O T EXPECTED T O BE DIRECT THREA T KATIA WILL PASS WELL TO THE EAST OF THE BAHAMAS

PAGE 2

LOCAL NEWS P AGE 2, THURSDA Y SEPTEMBER 1, 201 1 THE TRIBUNE INSIGHTFor the stories behind the news, read Insight on Mondays A Tribune reader captured this photo of a traffic accident on Eastern Road shortly before 6pm yesterday. The incident took place between High Vista Drive and Mount Vernon, and caused even more traffic congestion than usual at this already busy hour.CRASH O N THEE AS T E R N R D

PAGE 3

EDITOR, The Tribune. I WILL appreciate it if you would allow me a little space in your columns to express my personal observations and feelings in regard to the disaster response here in Mayaguana. While, I can appreciate, that we are a country made up of islands spread over thousands of square miles; and that the government and/or its agencies must prioritize their response to those islands or communities according to their need for assistance after a hurricane or other disaster. However, let me state here that their response to Mayaguana, after the passing of hurricane Irene, leaves much to be desired and I personally, expected more from a caring government. During my last five to 10 years here in Mayaguana, whenever the islands were threatened with a direct or significant effects of a hurricane, NEMA usually dispatches Defence Force officers to remain on the island to assist the residents in the event of disaster. On this instance not only were there no such assis tance in preparation to or during the hurricane; but to date; one week after the hurricane had hit the island, to my knowledge, we have yet to receive an official visit from any of the Commonwealth of The Bahamas Governments agencies. This in my opin ion is scandalous. It is shocking to think that an agency of the Caribbean out of Jamaica, has visited our island and delivered care/food packages and to date not one agency from our own gov ernment has yet to visit this island; in order to try and appreciate what difficulties or if any, that Mayaguanians may be experiencing. We have been geograph ically categorized as being behind Gods back and were and continued to be treated as such (but for the Grace of Almighty God) by the powers that be. But God is still faithful to His promise and his mercy extends to us behind His back because He is in the lead. While Mayaguana, thank God fared better than some of our family islands, we have and continue to experience some difficulties. Many, if not most of our homes experienced some form of damage, whether from flooding loss of shingles and parts of roofs. The churches, received damage and in one instance, lost a com plete structure which was under construction. During the hurricane, we can appreciate that situation may cause us to have to adapt and make the best of the situation; but there are some things which could be done as a matter of common sense which would minimise the risk of physical injuries to persons during the storm. This is so in our person al lives and certainly by those we elected to govern our affairs. Here in Mayaguana, the two schools used as shel ters have their restrooms many feet away from the main buildings being used as shelters and should one venture outside during such weather conditions, they are being subjected to a very high risk of injury. This could be corrected not only for the hurricane season but also for the stu dents who attend school and must use the restroom during inclement weather. Apart from a limited number of cots, which I am told could have been or were made available from the Red Cross, no provi sions or contingency are made in advance to deal with the very old people who might have to used the centre. I understand that persons using the shelters are required to provide their own basic necessities. However, some consider ations must be given to those disabled and elderly people who may not have the means or otherwise. I thank God, we have some genuinely caring people on this island and the Local Government (as limited as they are). We have been out of power for a week; however I commend and thank the local BEC staff and those men from the community, working with him under very difficult circumstance; with limited resources; as of yesterday, most of the islands power has been restored. Asa Mayaguanian, I urge the government to take a serious, look at their disaster plans for these islands and in particular the island of Mayaguana. I am incensed that I have heard of government agencies having visited our other family islands and to date none think us important enough to make not even a cursory visit. There is a limited supply of water and we are saddled with an unreliable/erratic mail service. The governments water tanks, which collects water for the communitys use, has been damaged or the water polluted due to the storm, but our only help so far came from Jamaica/Caribbean National Emergency Agency. Our sincere thanks to them. I only hope that this or subsequent government would take a real close assessment of their policies and understand that even though we may be behind Gods back as they say, we are very much a part of the Bahamas and have the same basic needs as they and our brothers and sis ters elsewhere in the Bahamas do. GLENN MOSS Mayaguana, August 30, 2011. (And who does Mr Moss think arranged for the Jamaican agency to send in supplies if it were not his own government? (The Caribbean Disas ter Emergency Manage ment Agency, under CARICOM, is an inter-regional supportive network of independent emergency units throughout the Caribbean, headquartered in Jamaica. (The Bahamas is a mem ber of this regional agency. NEMA arranged for this organisation to send relief supplies directly from Jamaica to Mayaguana. For an island that, accord ing to Mr Moss, considers itself behind Gods back, it certainly did pretty well for itself. Of all the islands, it was the first to receive hurricane aid thanks to the work of NEMA and Mr Moss own government. Instead of complaining, Mr Moss, and the people of Mayaguana have much to be thankful for. Ed). EDITORIAL/LETTERS TO THE EDITOR PAGE 4, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE The Tribune LimitedNULLIUS ADDICTUS JURARE IN VERBA MAGISTRI Being Bound to Swear to The Dogmas of No Master LEON E. H. DUPUCH, Publisher/Editor 1903-1914 SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G., (Hon.) 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 1972Published 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 ACCORDING TO MICAL MP V Alfred Gray, Prime Minister Ingraham has corrupted himself by accepting the Aga Khans helicopter to tour the Bahamas hurricane damaged islands. According to Mr Gray, the Prime Minister, to protect his reputation, should instead have taken a plane, which Mr Gray claimed was available. Obviously, Mr Gray is completely unaware of the conditions in the islands, and is oblivious either by design or ignorance that an aircraft cannot effectively cover the same territory in such conditions. For example on Monday when four US Army Black Hawks landed at Odyssey Aviation because of bad weather, Prime Minister Ingraham was getting into the Aga Khans 12-passenger helicopter to fly to Abaco. According to Met Office reports that day, severe thunder and lightning storms were expected between 3 and 6pm, and persons were advised to stay indoors. The Black Hawks were in, the helicopter was out. By 9.45pm the Prime Minister and the press were back at Odyssey as lightening flashed and thunder rolled. The weather was not good, our son, who was on the trip, informed us. No aircraft could have covered the territory that the Prime Minister did that day. What aircraft could have hovered near roof tops, landed in settlements and islands to avoid flooded airstrips and fly below the thunderstorms that kept planes out of the air? On that day, the Prime Ministers party landed at Sandy Point, Moores Island, Coopers Town, Blackwood, Murphy Town, Trea sure Cay, Green Turtle Cay and Marsh Har bour. How could he have covered this distance in an aircraft? Where would the plane have landed and how many lost hours would it have taken to travel by car and ferry to these settlements? Not only did the terrain make such a trip impossible, but he could have never made so many stops, seen so many people and got back to Nassau on the same night. In three days travelling by helicopter two days courtesy of the Aga Khan the Prime Minister has practically covered all of the stricken islands. Yesterday leaving at 8am and returning at 9:30pm again in the Aga Khans helicopter, the Prime Minister flew to Crooked Island and Acklins, and touched down in Exuma to refuel. Because of the difficulty of getting fuel, the helicopter could not continue on to Mayaguana and so a Defence Force aircraft picked him up at Acklins, flew him to Mayaguana, then to San Salvador and back to Nassau. Mr Gray talks of an available aircraft that Mr Ingraham could have taken. We would like to know what aircraft he was talking about, because no one else seems to know about it. The PLP are sitting on the sidelines taking pot shots at a man who is getting the job done, a Bahamian sarcastically commented. They are just jealous because they cant get the Aga Khans helicopter or any other helicopter to get there. If they say a plane was available why didnt they take it themselves and make a contribution to help the people? Is the Aga Khan a man noted for his generosity and his philanthropic work to be treated like a pariah in this country, because he is digging a canal at his Bell island property for which he already has a permit, and does not have to depend upon Mr Ingraham to give him anything. The Aga Khan, whose Aga Khan Development Network has the environment in its portfolio, is unlikely to do anything that will damage the environs at Bell Island. The prince is probably more aware and concerned about protecting the environment than any PLP will ever be. Is this generous mans offer to help the people of the Bahamas in their hour of need to be turned down, because one Alfred Grey, who believes that the Prime Minister should take more time to walk and talk and touch and look in peoples eyes and see their hurt and pain, is now feigning concern for the Prime Ministers reputation? Mr Grey is sitting on the sidelines, playing the cheapest kind of politics and making himself and his party look ridiculous. In this hour of need we believe Mr Ingra ham is more interested in helping his fellow Bahamians than worrying about his repu tation hell leave that to Mr Gray. Mr Ingraham decided to take the most effective way to cover as many settlements as he could in the shortest possible time, so that supplies could be dispatched as quickly as possible. We are certain that the injured man in Cat Island, wasnt concerned about what helicopter flew him to Nassau for medical attention. Incidentally, it was not the Aga Khans helicopter, but that of an equally generous friend of the Bahamas all of this at no cost to the Bahamian taxpayer. Instead of saying thanks, Mr Grey wants to talk of corruption. While Mr Gray has announced that he intends to start an appeal for donations from lumber yards for assistance to rebuild homes, Mr Ingraham who is moving too fast for the snail-paced PLP has already arranged for supplies to be sent in for the rebuilding to start. If the PLP cannot do anything, they should at least have the decency to keep their mouths shut. Now is not the time to add politics to a peoples suffering. The disaster response in Mayaguana LETTERSletters@tribunemedia.net Alfred Gray worries about PMs reputation

PAGE 4

RESIDENTS of Cat Island and Acklins will be able to import building materials, farming and fishing equipment and vehicles duty free for six months as of today. Those in Long Cay, Mayaguana, Rum Cay, San Salvador, Inagua and Ragged Island will be able to apply for duty exemption on the same classification of goods for a 90day period. The announcement came in a declaration of exigency authorised by Finance Minister, Prime Minister Hubert Ingraham, to provide relief for the islands hardest hit by Hurricane Irene Cat Island and Acklins and other communities that suffered damage from the storm's passage. Residents of islands not included in the exigency order who suffered loss of property or hardship because of Irene can apply for duty exemption. Claims have to be approved by the National Emergency Management Agency (NEMA) or the Department of Agriculture and Fisheries. Anyone found abusing or misusing goods imported under the declaration order will have their property seized and disposed of under Section 83 of the Customs Management Act. Irene tore through Cat Island and Acklins early last week and flattened houses, tore off roofs, and uprooted trees and utility poles. Storm surge from the tropical cyclone burst through walls and doors and washed away personal possessions, furniture and crops. Farmers in Eleuthera and Long Island also complained they lost valuable crops because of the storm. "We have been 100 per cent devastated by the storm. We lost the entire banana and plantain crops," Maurice Minnis, manager of the packing house on Long Island, told The Tribune earlier this week. Godfrey Deveaux, packing house manager for South Eleuthera, earlier said: "Some of my farmers so far have had severe damage to fruit trees. A lot of them were blown down, and they were loaded with fruits, avocados, oranges and stuff like that." LOCAL NEWS THE TRIBUNE THURSDA Y, SEPTEMBER 1, 2011, PAGE 5 0DWWKHZ %XWRIWKDWGD\DQGKRXUQRRQHNQRZVQRWHYHQ WKHDQJHOVRIKHDYHQEXW0\)DWKHURQO\%XWDV WKHGD\VRI1RDKZHUHVRDOVRZLOOWKHFRPLQJRI WKH6RQRI0DQEH)RUDVLQWKHGD\VEHIRUHWKH RRGWKH\ZHUHHDWLQJDQGGULQNLQJPDUU\LQJ DQGJLYLQJLQPDUULDJHXQWLOWKHGD\WKDW1RDK HQWHUHGWKHDUNDQGGLGQRWNQRZXQWLOWKHRRG FDPHDQGWRRNWKHPDOODZD\VRDOVRZLOOWKH FRPLQJRIWKH6RQRI0DQEH7KHQWZRPHQZLOO EHLQWKHHOGRQHZLOOEHWDNHQDQGWKHRWKHU OHIW7ZRZRPHQZLOOEHJULQGLQJDWWKHPLOORQH ZLOOEHWDNHQDQGWKHRWKHUOHIW:DWFKWKHUHIRUH IRU\RXGRQRWNQRZZKDWKRXU\RXU/RUGLV FRPLQJ%XWNQRZWKLVWKDWLIWKHPDVWHURIWKH KRXVHKDGNQRZQZKDWKRXUWKHWKLHIZRXOG FRPHKHZRXOGKDYHZDWFKHGDQGQRWDOORZHG KLVKRXVHWREHEURNHQLQWR7KHUHIRUH\RXDOVR EHUHDG\IRUWKH6RQRI0DQLVFRPLQJDWDQKRXU \RXGRQRWH[SHFW BUILDING MATERIALS ELECTRICAL FIXTURES AND MATERIALS PLUMBING FIXTURES AND MATERIALS HOUSEHOLD FURNITURE, FURNISHINGS AND APPLIANCES SUPPLIES FOR THE RECONSTRUCTION AND REPAIR OF GREENHOUSES, INCLUDING PLANT SLEEVES, TIMERS, PLANT POTS AND SOILLESS GROWTH SUPPLIES FOR THE RECONSTRUCTION AND REPAIR TO POULTRY HOUSES SUPPLIES FOR THE RECONSTRUCTION AND REPAIR OF IRRIGATION SYSTEMS NURSERY STOCK FOR THE REESTABLISHMENT OF FRUIT ORCHARDS ITEMS REQUIRED FOR FENCING GALVANISED SHEETING/OTHER MATERIALS USED TO CONSTRUCT FISHING HABITATS FISHING BOATS FISHING GEAR CARS/TRUCKS MOTORCYCLES GOLF CARTS GOODS THAT QUALIFY FOR DUTY EXEMPTION SOME ITEMS DUTY FREE FOR CAT ISLAND, ACKLINS RESIDENTS 90 DAYEXEMPTIONPERIODFOLLOWINGHURRICANEDAMAGECATISLAND suffered damage from Hurricane Irene.

PAGE 5

LOCAL NEWS PAGE 6, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE RESIDENT PROMOTION Adults 79$Kids 49$No reservations required, based on availability. For general inquiries call 363-6950.Aquaventure passes and lunch vouchers are available at the Discover Atlantis Desk in the Coral Towers. Proof of residency required for discounted rate.Includes: Complimentary Parking included with Package PurchaseLocated at the Atlantis Self Park Facility at the rear of the Craft CenterComplimentary Lunch Voucher Redeemable at express outlets onlyAccess to all Atlantis Pools, Slides and Rides August 20th September 4th ABACO A team of tourism officials toured areas of Abaco on Tuesday, finding that Hurricane Irene affected resorts to varying degrees but being assured by all property owners that they would quickly recover from flood and wind damage. Ronald Parker, general manager of the luxurious Abaco Club Ritz-Carlton in Cherokee Sound, said his crews were hard at work putting the property back in order. We are left with clean up, he said. During the hurricane, we got a lot of debris damage from landscaping, from some struc tural damage to some of our homes, to some of our common areas, to some of our buildings, from signif icant beach erosion down to our beach. So we have a lot of clean up to do. Tourism officials, including Tourism Director Gen eral David Johnson, Bahamas Hotel Association (BHA) President Stu art Bowe, BHA Executive Vice President Frank Comito and Bahamas Out Islands Promotion Board President Shavonne Darville, met several crews conducting landscaping and other restoration work at the club. Mr Parker pointed out that damage to the property was minimised because the hurricane came at a time of year when the resort scales back its operation. He believed his crews could repair damage quickly enough to reopen for October 20 as was scheduled before Irene. Fortunately, being closed, we were able to prevent a lot of further damage from happening by closing up the club prior to this particular hurri cane, Mr Parker said. We closed on August 20. The hurricane came through on August 26. So we had already had a lot of plans in place to pre vent further damage from anything coming through the months of scale back. It is an example of where we minimised our losses by being proactive. Properties such as Green Turtle Club that dealt with flooding during the hurricane plan to reopen on October 21 their usual winter reopen ing. TOURISM OFFICIALS GIVE ASSURANCES TO PROPERTY OWNERS AFTER HURRICANE TOURISM OFFICIALS with the restoration crew of The Abaco Club Ritz-Carlton on Tuesday. TOUROFABACOAFTERIRENE

PAGE 6

N E W st at i st i cs c o n fi rme d th a t t h e Ba h ama s i s e x pe ri en ci n g a f rig h t en i n g l ev el of s er ious cr im e, P LP deputy le ad e r Ph il ip Da vi s s ai d H e s a i d t h e n u m b e r s r e l e a s e d o n M o n d a y a n d c o v e r i n g t h e f i r s t s e v e n m onths of t he year s how the FN M go v er nme n t i s i mp o t e n t a s f a r a s f i n d i n g so l u ti o n s t o t h i s t ro u bl i n g p ro b le m i s co n ce rn ed M r Dav is sa i d : W h a t t h e f i g u r e s s h o w e d w a s t h a t cr i m e o v e r a l l i n c r e a s e d b y 16 pe r cen t co mpa red t o th e same pe ri o d l ast ye a r. I n d e e d t h e r e w e r e si g n if i ca nt i n cre a ses in p ra ct i ca l l y e v e r y a r e a o f s e r i o u s c r i m e m u r d e r r a p e at t e mp te d rap e a rmed ro b b ery ro bb e ry h o u se b rea k i n g st e a l i n g s t e a l i n g f ro m ve hi cle s an d sto l en ve h icl es. M u rd e rs w er e u p b y a n a stonis hing 5 7 per cent, from 54 fo r t he f irs t s e ven mon th s of 20 10 to 8 5 from J an uary 1 to Ju l y 31 2 01 1 Of c o ur se, that f igur e h as s kyr ocke ted to 92 s inc e then, and m ay ver y well h ave con ti n u ed i ts u p wa rd sp ira l b y th e t ime t h is i s p rin t e d p o ssib l y su rp assi n g th e re co rd b r e a k i n g 9 4 m u r d e r s l a s t y e a r M r Da v is n o t ed th a t r ap e wa s u p b y 2 6 p er c en t f ro m 53 to 67 t his ye ar; att empt ed rap e in cr ea sed 1 1 p e r c en t f r o m 1 9 t o 2 1 ; r o b b e r i e s in cr ea se d 1 9 p er c en t f ro m 17 5 t o 20 8; a rme d ro b b eri es i n c r e a s e d b y 1 4 p e r c e n t fr om 4 59 t o 5 2 2; a t t emp t e d ro bb e ri es j u mp ed b y 3 8 p er c e n t f r o m 1 6 t o 2 2 ; a n d ho use br eaki ng wa s up 12 pe r c e n t T he re wa s an ast ron o m i ca l 9 7 p e r c e n t i n c re a s e i n the ca t eg o r y of stealing fr o m ve h ic le s, fr om 7 0 5 t o 1 38 6, he ad d e d. Mr Da vis s aid the fact that t h e m u r d e r r a t e h a s in c re as ed e ac h y e ar d u ri n g t h e m o r e t h a n f o u r y e a r s t h a t t h e F N M h a s b e e n i n of f i ce i s mi n d -b o g gl i n g. An d a l th o u g h t h e FN M go v ern me nt c ol l ect i ve l y h as f a i l e d t o f i n d s o l u t i o n s f o r the c o un trys r u nawa y cr ime p r o b l e m c l e a r l y t h e b u c k s t ops, so t o speak wit h Min i s t e r o f N a t i o n a l S e c u r i t y T o m m y T u r n q u e s t M r Dav is sa id H e s a i d t h e mu rd e r ra t e r ising in each of t he f ir st t wo ye ar s o f t h e a dmi n i st rat i o n s h o u l d h a v e b e e n a r e d f l a g f o r P r i m e M i n i s t e r H ubert I n gr aham, indicating th a t a Ca bi n et resh u f fl e w as in or de r. s M r D a v i s a l s o c r i t i c i s e d t h e p e r f o r m a n c e o f M r I n g r a h a m a s M i n i s t e r o f F in ance an d Zh ivargo Lai ng a s M i n i s t e r o f S t a t e f o r F i n a n c e s a y i n g a s t r o n g c a s e c o u l d b e m a d e t h a t t h e i r f a i l u r e s h a v e c o n t r i b u t e d t o t h e h i g h c r i m e r a t e H e said: Unquestionably, t h e r e i s a c o r r e l a t i o n b e t w e e n h i g h u n e m p l o y men t a n d c rime A n d d e s p i t e r e c e n t c laims b y the D ep ar t m ent o f S t a t i s t i c s t h a t t h e n a t i o n a l unem ploym ent r ate dr o pped f r o m 1 4 2 p e r c e n t t o 1 3 7 pe r ce n t t h e re al i t y i s t h a t u n e m p l o y m e n t i n t h e Ba h a ma s i s p r o b a b l y a t i t s hi g h est l e ve l si n ce t h e go v e rn m e n t s t a rt e d c o mp i l i n g un e mp lo y me nt st at i st i cs. LOCAL NEWS THE TRIBUNE THURSDA Y SEPTEMBER 1, 201 1, P AGE 7 By DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net F RE E P O R T F i v e m e n w er e ar rai gned in t he Eight M il e Ro c k M a g is tra t e s C o u rt in connect ion wit h an alter c a t i o n a t W e s t E n d t h a t resul ted in a 43-y ear-old ma n being seriously injured. A p p ea r in g be f o r e M a gi s t r a t e G w e n C l a u d e w e r e W e s t E n d r e s i d e n t s C h r i s t o p h e r L a i n g 2 5 ; G a r y L e w i s 2 5 ; Floyd Hamilton, 27; Garrick K L e w i s 3 8 ; a n d L e o n a r d Anderson, 41. Th e m e n pl e a de d n ot g u il t y t o t he c h a rg e o f c a u si n g g ri e v ous harm. The accused men were not represented by attorneys. T h e y w e r e e a c h g r a n t e d $15,000 b ail w i th eit her one or two sureties. The matter was adjourned to D ec em ber 8, 2 01 1 for trial F I VE M EN ARRAIGNED O N C H A R G E O F C A U S I N G GRIEVOUS HARM COUR T N EWS D A V I S : B A H A M A S E X P E R I E N C I N G F R I G H T E N I N G L E V E L O F C R I M E And although the FNM g ov er n ment collectivel y has f ailed to find solutions f or the countr y s r una w a y cr ime prob lem, clearl y the buck stops, so to speak, with Minister of National Secur ity T ommy T ur nquest. Phillip Brave Davis Calls on govt to find s o l u tio n s t o th e p r o b l e m

PAGE 7

LOCAL NEWS P AGE 8, THURSDA Y SEPTEMBER 1, 201 1 THE TRIBUNE T H E B a h a m a s N a t i o n a l Tr ust expr ess ed c oncer n f or B ahamia ns w ho suffered loss o f p r o p e r t y a n d p e r s o n a l b e l o n g i n g s i n t h e i s l a n d s affected by Hurr icane I rene as it t ra vel l ed t h e le ngt h of th e Bah ama s ch ai n, A ug us t 25 and 26. T h e B N T i s e s p e c i a l l y r e l i e v e d t h a t n o l i fe w a s l o st i n this dangerous storm. A cco r di n g t o Er i c Ca r ey, B NT executive director, the storm affected almost all the n a t i o n a l p a r k s w i t h t h e e x c e p t i o n o f t h e A n d r o s n a t i o n a l p a r k s w h i c h w e r e unaffected. Despite this, the parks suffered min imal damage f rom Hurricane Irene. I n N e w P r o v i d e n c e T h e Retreat, headquarters of the BNT, suffered downed trees and palms but there was no d a m a g e t o b u i l d i n g s a n d p h y s ical structures. S evera l fai rl y l ar ge tr ees h a v e u n f o rt u n a t e l y b e e n l o s t, reported Lynn Gape, deputy execu ti ve di re cto r, h owev er a l l o f t h e r a re p a l m s w i th s t o o d the storm and the palms that came down are salvageable. TrailsT rai ls at Th e R etr eat will remain closed until the Trust has completed clean-up and r e s t o r a t i o n o f t h e d o w n e d trees and palms. B o a r d w a l k s a n d v i e w i n g pla tf or ms at Bon efi s h Po nd a n d H a r r o l d a n d W i l s o n P ond s n at io na l pa rks esc a pe d d a m a g e a n d t h e P r i m e v a l F ore st N a ti o na l Pa rk suf fe re d m i n i m a l i m p a c t f r o m t h e storm. In the Leon Levy Preserve in El eu t h er a ne wl y p l an t ed trees c ame down with lots of limbs and trees down on the paths. A l m o s t a l l o f t h e n e w l y p l an t e d d o wn e d t r e e s h a ve b e e n re e re c te d a n d re pl a n t e d a s p r e s e r v e s t a f f w o r k e d through the weekend to save t h e m S t a f f f r o m t h e L e v y Preserve showed great community spirit by assisting the c o m m u n i t y i n G o v e r n o r s H a r b o u r w i t h h u r r i c a n e c l e a nu p T h e y p r ov id e d a ss i stance to the Haynes Library, c ut ti n g u p a n d r em o v in g la r g e C a s u a r i n a t r e e s t h a t c a m e down in the storm. At t he Exuma Cays Land and Sea Park, Andrew Kriz, park administrator, reported little or no damage to buildings at the headquarters. All p a r k v e s s e l s s u r v i v e d t h e storm, but unfortunately the f u e l d o c k f o r t h e p a r k w a s badly damaged. I n agu a ex per i en ce d t r o pi cal s to r m f o r ce wi nd s of 40 mp h wi th g us t s of up t o 60 m p h A cc o r din g to G lenn Bannis t er, pas t p res i dent of the B N T, po nd m an ag e me nt pe rso nn el c h ec ke d th e e nti re sa lt e vaporator ne t w or k a nd did not see one dead bird. W ard en H en ry Ni xo n al so r e p o r t e d t h a t t h e s t o r m se eme d n ot to ha ve affe cte d t h e In a g u a s b i r d l i f e a d v e rs e l y I n A b ac o w ar d e n D av i d K n ow l e s i s c oo r d i n a ti n g w i t h C a r o line S taha la parrot bio logist who is just finishing up her field season on Abaco, a rapid assessment of the Abac o N a t i o n a l P a r k a n d t h e i m m e d i a t e i m p a c t o n t h e Bahama Parrots. Ms St a ha la is b ei ng a ssis te d by deputy park warden Marcus Davis. Ms Stahala s initial r eport i n d ic a t e s th a t s he i s fa i rl y c on f i d e nt th e p op u l a ti o n s u rv i v e d t h e st o rm w i th m i n im u m m or tality. She was actively monito ring several nests prior to the pa s sage of Ir e ne and visited the nests after the storm and f ou n d th a t th e fl e dg l in g s w er e st ill a liv e a nd ge tti ng re ady to leave the nest. M s S tah ala wi ll b e p r epar ing a co mp re hen si ve ass es s m e n t t o p r o v i d e a b e t t e r und er s tan di ng o f th e ov er all im p ac t of t he s t o r m o n t he Ab aco P ar r ot po pu lat ion I n G ra nd Ba ham a, s ta ff at t he L u ca y an N at i o n al P a r k a n d R a n d N a t u r e C e n t r e re por t ed t hat al l was well at th eir l ocat ion s T h e r e w a s n o s t r u c t u r a l dama ge t o an y of th e bu il di n g s g a z e b o s a n d b o a r d w a l k s T her e wer e so me do wned t r e e s a t b o t h l o c a t i o n s b u t s taf f a re al re ad y ha rd a t w o rk clea nin g u p and t hes e lo cat i o n s w i l l n o t h a v e t o b e clos ed t o t he vis it in g p ubl ic. T he BN T f eel s ver y f or t unate to hav e w ea the r e d th e s tor m w i th mi ni m al d am a ge s a i d N e i l M c K i n n e y B N T p r e s i d e n t .A S T A TEM ENT BY TH E BAHAMAS N A TION A L TR UST N A T ION AL P AR K S A N D H U R R IC A N E IR E N E CLEANING UP: BNT volunteers pitch in to clear up The Retreat. T R E E DO WN : L e v y Pr e s e r v e s t a f f h elp Governor's Harbour comm u n i t y b y c l e a r i n g d o w n e d Casuarina.

PAGE 8

LOCAL NEWS THE TRIBUNE THURSDA Y, SEPTEMBER 1, 2011, PAGE 9 The Mercedes-Benz C-ClassYour most enjoyable drive ever.The Mercedes-Benz C-Class is a pleasure tobehold offering a new interpretation of driving pleasure. Its taut lines lend it an air of effortless superiority while the wide radiator grille and distinctive rear section announce a vehicle with a real presence and dynamic personality. Few cars can compete with its ability to adjust so many facets of its character from the interior to the drive technology so quickly and precisely in response toexternal conditions and your own particular needs. The key to this flexible response is the standard-fit Agility Control Package which includes selective damping. The interior offers noticeably more space and a more distinctive atmosphere tosuit your taste. As you will see, the C-Class is the perfect embodiment of the Mercedes-Benz philosophy.Tyreflex Star MotorsWulff Road, P. O. Box N 9123, Nassau, The Bahamas, Tel 242.325.4961 Fax 242.323.4667OUR PARTS DEPARTMENT IS FULLY STOCKED WITH EVERY COMPONENT NECESSARY TO ENSURE THAT YOUR MERCEDES RUNS TROUBLE FREE. TRAINED TECHNICIANS ON DUTY. www.rdicaribbean.com www.rdicaribbean.com ITS TIME TO MAKE YOUR DREAMS YOUR REALITY UKdistance learning from RDI Caribbean Low study costs, exible paymentsDevelop your career while studying Tutor and student support included Free membership of International Management Academy plus benets No attendance requirement. . PROGRAMMES OFFERED INCLUDEBachelors/Masters degrees in Business, Hospitality, Law, Computing and many more. CALL (toll free) 1 888 496 6173 TODAY TO FAST TRACK YOUR CAREERRDI Regional Oce : 27499 Riverview Center Boulevard Suite 111, Florida, USA 34134 Now recruiting for October intake AFTER years of intense study and the completion of a dissertation, Sergeant 2666 Chaswell Hanna of the Royal Bahamas Police Force has earned a Doctor of Education degree from Nova Southeastern University. He majored in organisational leadership with a minor in conflict resolution, and finished the programme with a 4.0 GPA. Dr Hannas dissertation focused on the subject of school crime and violence. He also holds a masters degree in criminal justice from the university of South Carolina; a bachelor of science degree in criminal justice and military science from Northern Michigan University; and an associate of arts degree in law and criminal justice from the College of the Bahamas. The instructional content of Dr Hannas doctorate was designed to cultivate the leadership skills needed in progressive organisations. These include: strategic planning, informed decision making, policy drafting, creativity and innovation. Dr Hanna said the minor in conflict resolution has built his capacity in problem solving, medi ation and negotiation, as well as his ability to help feuding parties resolve conflicts. A key part of his course focused on the ability to evaluate programmes and initiatives to determine whether they are working. When programmes are not achieving their goals, Dr Hanna said, his training will help him find workable and effective alternatives. Dr Hanna is the author of two studies that were inspired by his experiences as a homicide detective with the Central Detective Unit (CDU). The most recent one, released earlier this year, was entitled: Reducing Murders in the Bahamas: A Strategic Plan Based on Empirical Research. He has now embarked on several new research projects, on topics such as school-based policing, police use of force, and improving detection/conviction rates. He is currently posted at the Strategic Policy and Planning Branch of the RBPF. Dr Hanna said he looks forward to putting his new skills to use in the fight against crime. BAHAMAS POLICE SERGEANT EARNS DOCTOR OF EDUCATION DEGREE DEGREE: Sergeant 2666 Chaswell Hanna DISSERTATION ONSCHOOLCRIMEANDVIOLENCE KILLINGTON, Vt. Associated Press SWOLLEN RIVERSbegan falling Wednesday in much of the Northeast, allowing relief crews to reach the last of the tiny Vermont towns that had been entirely cut off from help by Hurricane Irene's fast-moving floodwaters. The receding water eased the flooding that had paralyzed parts of the region and revealed more damage to homes, farms and businesses across the flood-scarred landscape. Repair estimates indicated that the storm would almost certainly rank among the nation's costliest natural disasters, despite packing a lighter punch than initially feared. Of the 11 towns that had been severed from the outside world, the final one to be reached by rescuers was tiny Wardsboro, a village of 850 residents in the Green Mountains. The community is little more than a post office and some houses standing along Route 100, a highway popular in the fall with tourists searching out autumn colors. Gov. Peter Shumlin said the previously isolated communities all have vehicle access now, though some require four-wheel drive to get there. The National Guard continued to ferry supplies to mountain towns that had no electricity, no telephone service and limited transportation in or out. Helicopters arrived with food, blankets, tarps and drinking water. SWOLLEN RIVERS BEGIN FALLING ACROSS NORTHEAST

PAGE 9

when commercial power goes down, land lines and cellular sites use battery power. How ever if the commercial power is down long enough the batteries will lose power. The longer the commer cial power is down the more the cellular sites will go offline, said Mr Johnson. While there are no restoration timelines, Mr Johnson said by the end of the week BTC hopes to have most of these problems solved and services restored to the major ity of customers. During a press conference yesterday, Mr Johnson announced that the telecommunications company will be donating $250,000 to hurricane relief efforts and close to $2 million in phone service giveaways to customers. While it has not been confirmed where the money will be distributed, Mr Johnson said key stakeholders, members of the civil community and the government will be consulted to determine where the money will be best utilised. We are pleased to be among what we hope will be several commercial entities that will step up and contribute, said Mr Johnson. The giveaways will mostly target the seven family islands hit hardest by Irene, said Mr Johnson, including Acklins, Crooked Island, Mayaguana, Cat Island, Long Island, Abaco and Eleuthera. According to Mr Johnson, prepaid customers on those islands will have $30 credit added to their phone and 100 minutes to post-paid users to be utilised between the first and the eighth of this month with free inter-island calls from land lines until the 15th. Mr Johnson said: BTC hopes it will provide some relief to those hit hardest we recognise they are going to be doing a lot of calling as they try to coordinate their own relief efforts. While not all islands were as heavily affected, Mr Johnson said BTC understands the entire country felt the effects of Hurricane Irene. As a result, five dollars in credit will be given to all pre-paid customers and all post-paid customers were to receive 100 free minutes. LOCAL NEWS PAGE 10, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE and ex-special forces members, which provided personnel support and supplied the aircraft. Captain Stephen Russell, director of the National Emergency Management Agency (NEMA), said the coordinating agency has had no dealings with HOPE. According to Capt Russell, no one from the HOPE Foundation contacted NEMA to coordinate their efforts, but he had heard of them, and was aware police detained one of their aircraft. He encouraged the organisation to contact NEMA. Anyone who is doing relief operations in the Bahamas, and as far as we are concerned, anyone who has a desire to do so, should contact NEMA and coordinate their efforts, said Capt Russell. He said NEMA conducts a background check on organisations it works with to ensure they do not have some ulterior motives. Officials at the HOPE Foundation, on the other hand, claimed NEMA officials turned down their offer of support, and were rude when inquiries were made about why their helicopter was detained in Cat Island. We offered to work with NEMA but they said they would get back to us. Apparently NEMA doesn't need helicopters. We offered them for free. We did not ask for any money, but they turned us down, said Darren Adler, director of the foundation. Mr Adler further accused NEMA of stealing humanitarian aid from one of its helicopters, saying that as a result, it has pulled its workers and supplies out of the country. Mr Adler claimed the supplies were forcibly removed by defence force officers working for NEMA without explanation. When a government organisation steals your food and water, and when you call to inquire they slam the phone down on you, you have to say to yourself, I think this is not a good idea. This is not an environment that is conducive to give, so we are not able to work with the government, said Mr Adler. We offered, but the government confirmed they do not want to have a working relationship with us. That is a shame. To take food off our aircraft and put it in a warehouse, that is ridiculous. That is not normal in anywhere in the western world, he said. All of HOPEs helicopters have been redeployed to the United States to assist in the relief efforts there, according to Mr Adler. He said the last time the organisation had food forcibly taken off one of its aircraft was in Ethiopia at gun point, many, many years ago. They returned it after our aircraft left the country. That is when they decided to return it and said oops, we think it was a mistake, said Mr Adler. The HOPE Foundation has operated in the Bahamas for several years. It formerly operated out of the private airport Odyssey Aviation Bahamas. Tribune sources claim Odyssey has not been affiliated with the company for about three years, and the two did not part on good terms. Hurricane charity aircraft detained FROM page one Cell phone service issues continue one week after Hurricane Irene FROM page one BTC SPOKESMAN Marlon Johnson MASCOUTAH, Ill. Associated Press ENVIRONMENTALtests at an Air Force base in south ern Illinois failed to pinpoint what caused three people to fall sick while handling mail Wednesday, the Air Force said. Two workers for the U.S. Postal Service and an Air Force serviceman at Scott Air Force Base developed respira tory or skin reactions around 9 a.m. in reaction to something in the mail room, according to base commander Col. Michael Hornitschek. The incident led to the evacuation of parts of the facility. The Air Force issued a news release Wednesday night say ing that environmental tests turned up "nothing of signifi cance" at the mail center. Base spokeswoman Karen Petitt told The Associated Press that it's possible whatever sickened the three people had dissipated by the time tests were conducted. U.S. Postal Service inspec tors are continuing to investi gate the cause of the adverse reactions and the mail facility will remain closed Thursday, the Air Force said. "Our personnel are safe and the buildings in which they work have been declared safe and we will proceed with nor mal business tomorrow," Hor nitschek said in a statement. Hornitschek told reporters earlier that he didn't believe there was ever any threat to the local community and that it's possible the package could have been a "very benign shipment someone had sent (and that) something had spilled or broke." However, he stopped short of assuring that it wasn't a deliberate act. INTERNATIONALNEWS TESTS TURN UP NOTHING AT ILLINOIS AIR FORCE BASE

PAGE 10

WASHINGTON Associated Press WHITE HOUSE counterterrorism chief John Brennan said al-Qaida is "on a steady slide" after the death of alQaida's latest second-in-command in Pakistan. Brennan told The Associated Press on Wednesday that it was a "huge blow" in the first official White House comment since Atiyah Abd al-Rahman's reported killing by CIA drone strike in Pakistan's tribal areas last week. "Al-Qaida is sort of on the ropes and taking a lot of shots tothe body and the head," Brennan said. "This is a time not to step back and let them recover," a message he says he is sending to his counterparts in Pakistan. Islamabad's objections to drone strikes have become more strident since the U.S. raid that killed Osama bin Laden in May. Despite that friction, Bren nan said the relationship with Pakistan is improving. In a wide-ranging interview, Brennan credited aggressive U.S. action against militants from Pakistan to Yemen as the main reason U.S. intelligence has detected no active terror plots before the 10th anniver sary of the Sept. 11, 2001 attacks. He described the counterter ror relationship with Pakistan, Yemen and Iraq as models of how the U.S. will fight al-Qaida in the future, in which the lion's share of the hunting and fighting is done by the host nation. Hesaid the U.S. was looking ahead to crafting a similar mod el in Afghanistan as U.S. troops draw down there, whereas in Iraq and Yemen, U.S. intelligence and special operations forces work with their counterparts, providing training, equip ment and sharing intelligence to track terror targets and keep them under pressure. "If they're worrying about their security ... they're going to have less time to plot and plan," Brennan said of the militants. "They're going to be constantly looking over their shoulderor up in the air or wherever, andit really has disrupted their operational cadence and ability to carry out attacks." He pointed to the killing of Al-Rahman as an example of how U.S. pressure is degrading the network. "There's no longer a management grooming program there. They don't stay in place long enough," Brennan said. Al-Rahman had barely assumed a leadership position since bin Laden's death pushed his deputy, Ayman al-Zawahri, into the top spot. Brennan described Al-Rahman as a "workaholic" and an "operational mastermind" who main tained the connections between al-Qaida's nodes from Yemen to Europe. "Taking him out of commission is huge," Brennan said. "There's not another bin Laden out there. I don't know if there's another Atiyah Abd al-Rahman out there." Brennan said the key to keeping another Al-Rahman from rising is to keep constant pressure on all locations where al-Qaida operates, working through host countries to target a network of operatives that "are flowing sometimes back and forth" from Pakistan, Afghanistan, Iraq, Yemen and Somalia as well as parts of the African Sahel. He admitted that efforts to keep pressure applied across that network hit a "speed bump" when the "Arab Spring" swept U.S.-friendly governments, and counterterrorism personnel, out of office. He said in Egypt, however, U.S. contacts have been able to recover quickly following longtime President Hosni Mubarak's ouster this year. The counterterrorism relationship with Tunisia, where the Arab Spring movement began, also remains strong, he said. It is more of a struggle in Yemen, however, where Brennan said the continued uprising of Yemeni rebel tribes had slowed the fight against arguably the most dangerous bin Laden affiliate, Al-Qaida in the Arabian Peninsula. AQAP, as the affiliate is known, has grabbed large swaths of territory in the south, even trapping conventional Yemeni troops. The unrest has forced the U.S. to draw down the hundredplus military and intelligence personnel it had working with Yemeni counterterrorism forces. Those Yemeni forces, led by Yemeni President Ali Abdullah Saleh's sons, have been reluctant to leave the capital unguarded, even when a brigade of conventional Yemeni troops became trapped by alQaida in the Abyan region. U.S. forces had to airdrop food and water aid to the embattled unit, which was threatening to surrender. Bren nan says the U.S. has since persuaded the Yemenis to send enough forces their way to free them. Brennan said he has urged the country's vice president to send more troops into the fight. "This political tumult is ... leading them to be focused on their positioning for internal political purposes as opposed to doing all they can against AQAP," he said. Saleh, the president, still is recovering in Saudi Arabia from an assassination attempt, some 70 percent of his body burned and a lung pierced. While Brennan says Saudi Arabia would allow Saleh to return, he repeated the White House's earlier calls for Saleh to stay away and let new elections take place. "I've told him that I do not believe it's in his interests, Yemen's interests or our interests ... to go back to Yemen," Brennan said. He called Yemen a "tinder box" that could spark into a civil war that al-Qaida would take advantage of. LOCAL NEWS THE TRIBUNE THURSDA Y, SEPTEMBER 1, 2011, PAGE 11 me to come to her. I went in and she asked me to help her tothe bathroom, it was as if she was just waiting on me so she could leave. As we were walking through the (bathroom) door, the next thing I knew she was in my arms. Mrs Smiths death has taken an enormous toll on her family, which include five children, whose ages range from seven to 24. Mrs Smith was the third of 11 children. According to family members, the news was especially devastating to Mrs Smiths 73-year-old mother, who lives on hurricane-hit Crooked Island. Mr Smith explained how his wifes sudden death also led to the discovery of a prior medical condition, which she had kept secret. I just found out that she had recently suffered a minor heart attack about a month or so ago. Her sister came forward and told me about it after she died, I guess she didnt want me to worry, said Mr Smith. Most cases of dengue fever are said to be self-limiting, meaning the disease resolves itself, on an average of four to five days. However, health officials have indicated that young children, infants under one year, patients with heart disease and the elderly are the most at risk of dying from the disease. The one thing I would say to the public is, once you see something unusual, sometimes you take things for granted, he said. Had I known about her problem in the past, I would have taken everything serious from then. Preliminary figures have shown a slight decrease in the number of cases, according to health officials. However, the number of persons arriving at hospitals and clinics was said to be influenced by hurricane activities. Updated reports from public and private facilities have not been made available. A decrease was also noted at the WalkIn Clinic, according to operations manager Dionisio Mycklewhite, who said traffic at Sandyport and Carmichael Road locations had slowed. At the Collins Avenue location, doctors claim dengue fever cases account for 50 per cent of patients. Mr Mycklewhite said: It had nothing to do with the hurricane, I guess its just slowing down. (In the past) we would have an everyday pressure, yesterday was heavy but today slow. So far its not a constant pressure. Since the outbreak, the clinic has referred seven people to hospital. Two-fifths of the worlds population are at risk of contracting dengue fever, according to the World Health Organisation, which noted that the global incidence of the disease has grown dramatically in recent decades.Officials maintain the most important element in the fight against the disease-carrying aedes aegypti mosquito is to remove standing water, which serves as a breeding site. The destruction of breeding grounds ultimately disrupts the reproduction cycle of the mosquito, which does not travel more than 100 metres from its breeding ground. Persons experiencing dengue fever-like symptoms are asked to call the hotline at 359-2929 to speak with a healthcare professional before visiting the Princess Margaret Hospital. being the first marine park started in the world. In 2010, Environment Minister Earl Deveaux, offered to resign after the story broke that he had accepted free transportation from Nassau to Abaco in a luxury helicopter owned by the Aga Khan, to attend a film screening with his wife and two friends before going on to Bell Island the following day to conduct a land assessment. It was also alleged that the Bahamas National Trust accepted a $1 million donation from the Aga Khan in 2009. Knowing all this, Mr Gray said, the Prime Minister should not have accepted a ride with Aga Khan, especially since there was another plane, with empty seats, travelling to Abaco the same day. It is a total conflict of interest, Mr Gray claimed. In his opinion it was corruption at its best. According to Mr Gray it gives people the impression that he is able to be bought and is in the pocket of private investors. By taking that ride, he is telling the public I dont care what you think, I am going to do whatever I want to do. There was another plane the Prime Minster couldve gone on to Abaco, why he chose to go on the helicopter, I will never know. It brings to question the ethics of Mr Ingraham. The 2007 manifesto for the Free National Movement (FNM) states government ministers must be held to the highest standards of constitutional and personal conduct. One of the rules it states is that ministers, "must avoid accepting any gifts or hospitality, which might appear to compromise their judgment or place them under improper obligation." Under the principles of ministerial conduct they are also bound to ensure, "no conflict arises or appears to arise, between their public duties and their private interests." To Mr Gray this was an obvious conflict by the Prime Minister. He made his comments as a guest on The Morning Boil. The MICAL MP also gave an estimate of how much it would cost to repair the homes in his constituency. In Acklins alone its in the area of $2.5 million. There are 17 homes that were flattened, 42 that are severely damaged and 87 homes that are damaged. Inagua faired pretty well during the storm, the damage there is around three to four thousand. In Mayaguana, its going to be about $200 thousand. Crooked Island was not that impacted and Long Island needs about $60,000 worth of repairs. Mr Gray said he has started his plea for donations from lumber yards for assistance in rebuilding homes. He says the people in Acklins, while they need food and water, would prefer to have their homes rebuilt so they can start to rebuild their lives. MP ACCUSES PM OF CORRUPT PRACTICES FROM page one MOTHER-OF-FIVES DEATH PROMPTS DENGUE FEVER CONCERNS FROM page one INTERNATIONALNEWS US COUNTERTERROR CHIEF: AL-QAIDA ON STEADY SLIDE WHITE HOUSE counterterrorism chief John Brennan. (AP)

PAGE 11

$4.68 $4.51 $4.69The information contained is from a third party and The Tribune can not be held responsible for errors and/or omission from the daily report.$ $5.55 $5.43 $5.38 THETRIBUNE SECTIONB business@tribunemedia.netTHURSDAY, SEPTEMBER 1, 2011 By NEIL HARTNELL Tribune Business Editor THEGovernment could recoup around 50 per cent of Hurricane Irene-related repair costs if estimates of $90 million in insured losses and other factors hold true, a leading businessman yesterday saying the Category Three storm could prove an economic stim ulus. While acknowledging that Irenes after-effects were a bit of a mixed bag from an economic perspective, Arawak Homes chairman Franklyn Wilson said that with between $0.20-$0.25 of every $1 spent making its way back to the Public Treasury, the $90 million in estimated insurance claims inflows could generate $18-$20 million in revenues for the Government. If the Governments $37 million in Irene costs, as estimated by the Caribbean Catastrophe Risk Insurance Facility, held true, Mr Wilson said the Ingraham administration would effectively recoup between 48.6 per cent and 54 per cent of its storm-related outlay. As chairman of RoyalStar Assurance we have a great amount of respect for our colleagues at Bahamas First, and if theyre quoting $90 million in total insured losses, we believe what theyre saying, Mr Wilson said, in relation to the By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net JUST 14 PER CENTof the Bahamas 280 licensed hotels have the ability to accept electronic room bookings any day of the week, the Minister of Tourism and Aviation yesterday saying that the lack of electronic infrastructure had limited tourist access to most small and mediumsized hotels. Vincent Vanderpool-Wallace, who was speaking at the opening of the first By NEIL HARTNELL Tribune Business Editor GETTINGbroker/dealers or the Government to act as market makers for initial public offerings (IPO) they have brought to market is a dream more than a reality, RoyalFidelity Merchant Bank & Trusts president has told Tribune Business, as there is no profit in it. By NEIL HARTNELL Tribune Business Editor A LEADINGbusinessman yesterday said there was a major, major need for policymaker intervention to counter the level of consumer borrowing, warning that Bahamians were increasingly putting themselves into virtual slavery. Franklyn Wilson, chairman of the Sunshine Group of Companies and Arawak Homes, said growing numbers of Bahamians were turning to debt financing, chiefly consumer loans, to maintain their lifestyle and By NEIL HARTNELL Tribune Business Editor A REDUCTION in the Governments recurrent expenditure by 2-3 per cent during the 2011-2012 Budget year would have set this nation firmly on the path to reduce its debt-to-gross domestic product (GDP) ratio by five percentage points over the next four years, an International Monetary Fund (IMF) research paper has revealed. The paper, by Alejandro Guerson and Giovanni Melina, entitled Public Debt Targeting: An application to the Caribbean urged the Bahamas and other regional nations to adopt a fiscal framework that attempted to smooth recurrent spending over the business cycle, and set a band range within which the debt-to-GDP ratio would remain. Setting a five-year time period, the IMF researchers examined the amount of recurrent spending reduction required in the 2011 Budget to keep the debt-to-GDP ratio below the thresholds shown. For the Bahamas, a primary expenditure consolidation of around two to three percentage points of GDP in 2011 together with acyclical or moderately procyclical or countercyclical primary expenditure roles would be enough to maintain debt-toGDP in 2015 below the level predicted for 2010 in 70 per cent of the simulated cases, the IMF paper said. A 2-3 per cent consolidation in recurrent spending would be a tall order to achieve, since this would involve cutting expenditure on the Governments fixed costs wages and rents by a sum ranging from $140-$240 million. This is based on 1 per cent of Bahamian GDP being worth between $70-$80 million. The IMF researchers also estimated the Bahamas recurrent deficit, as a percentage of GDP, as standing at 3.9 per cent in 2010, and the total national debt-to-GDP ration as being 65 per cent. In the absence of any action by the Government, they forecast that the Bahamas debt-to-GDP ratio would continue climbing over the next four years, expanding by a GOVERNMENT COULD RECOUP 50PER CENT OFIRENE COSTS JUST 14% OF LOCAL HOTELS HAVE ABILITY FOR E-BOOKING MAJOR NEED FOR CONSUMER LOAN INTERVENTION SEE page 7B MICHAELANDERSON MARKET MAKERS A DREAM, NOT REALITY RoyalFidelity chief says not enough profit to incentivise firms to take up columnists suggestion Sees deepening capital markets, and increasing number of investor participants, as way to solve liquidity woes Top businessman warns Bahamians borrowing themselves into virtual slavery Warns that middle class shrinking, due to real income falls and family break-ups SEE page 4B Minister says 240 or Bahamas 280 licensed hotels operating in inferior way SEE page 7B MINISTER VINCENT VANDERPOOL-WALLACE Arawak Homes chair says impact not significant for Treasury, if $90m and$37m damages estimates hold true Says storm likely to create economic stimulus SEE page 4B IMF: 5% DEBT SLASH FROM SPENDING CUT Bahamas urged to adopt public debt targeting framework that reduces recurrent spending 2-3% Research paper says nations debt-to-GDP will hit 79% by 2015 if no action taken But would stabilise at 60% if consolidation plan used SEE page 9B

PAGE 12

BUSINESS PAGE 2B, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE By DEIDRE M. BASTIAN HAVEyou ever been stuck with the task of deciding whether to buy a MAC or a PC? Is it as difficult as choosing a lobster over a grouper? Well, the PC versus Mac debate has been dragging on for some time among graphic and web designers, with many threatening to switch from Windows to Mac. Why? Perhaps it is because a Mac seems easy to use and has that Wow factor? Not exactly, but if we are in search of the truth we can look at this question from many angles, factoring in things such as performance, stability, ease of use, price and expansion. But consider this: There are two types of users in the computer world, Mac and PC. And if the marketing is to be believed, one is a hip, sports coat and sneakers wearing type of guy who uses his computer for video chatting, music, creative pursuits and other cool things. Furthermore, Windows PC enthusiasts probably think the Mac guy is a smug slacker with an overpriced toy that cannot do any serious computing. Really? Funny thing is, this stereotype is wrong. With a 10 per cent market share, Macs are no longer just the computer choice of artists and unemployed writers. Apple is in fact the fourth largest computer manufacturer in the world. Well, someone had to say it and it is true. Granted, the guts of both platforms are remarkably similar, as they buy memory, hard drives and graphics cards. Microsoft may be the company everyone loves to hate, and many feel Mac computers are better not just because they are very sleek and clean but people usually dive into whatever seems more popular and fashionable without any sort of reasoning or logic. The underlying Mac and PC operating systems have distinctly different flavours. We know Macs are meant to be simple enough for even the Attention Deficit Disorder clan, but in terms of functionality we can still make a reasonable attempt to quantify them. If you had to pick one, which would you choose? Before you answer, check out the pros and cons of both systems below: MACINTOSH (PROS) Macs offer the ability to run OSX and Windows. Both work great with other Apple products such as the iPhone, iPod Classic, iPod Nano, iPod Touch, iPod Shuffle, etc. Macs are easy to use once you know how to use them. Macs are less prone to computer viruses, although they can get still catch them. It would be wise to install an anti-virus software. Lots of great built-in programs, such as iMovie MACINTOSH (CONS): The price. Macs come with a big price tag. There are few games for the Mac. Parts can only be pur chased through Apple. Yep, Macs crash just like PCs PERSONAL COMPUTER (PROS): *A PC can be built from the ground up, giving users the ability to customise them. PCs are cheaper. You can achieve the same processor amount of RAM and hard drive capacity much more cheaply with a PC. Moreover, there are many options when it comes to choosing a PC: Dell, HP, Gateway, and much more. With Mac, you have choices: MacBook, MacBook Pro, MacBook Air, Mac Mini, iMac, and Mac Pro etc. PCs have better software compatibility, meaning you can find almost any program for Windows. PCs generally have better backwards compatibility. You can run Windows 7 on a five year-old PC, but you cannot run Snow Leopard on a Power Mac G5. PCs are better for gaming, and have more compatible accessories than Macs. PCs are more upgrad able, and can be just as easy to use as a Mac. PERSONAL COMPUTER (CONS): Spyware, viruses and adware galore. Not as "nice" looking as Macs. Ensure your air bags are always packed, as PCs crash all the time. Personally, I feel Apple has a very visual OS, while Win dows is more intuitive and log ical. For example, when you want to delete desktop shortcuts, you can just hit the delete key. Accordingly, if you wish to do this on a Mac, you need to drag the icon to the trash can. It makes a cool effect but it is so annoying. So... which of the athletes are the best? It all comes down to personal preference. I'm sure that's not what you wanted to hear, but both systems have great benefits. Some people think Mac is better, while some think PCs are better. It's all an opinion. However, I will give you my opinion. I like PC (Windows) best. I've always been using it, and I am just in love with Windows. On Windows, clicking the X actually means you are closing the application (with a few exceptions). I still do not understand why this is not the case on OSX. Granted, it is not actually the OS itself, just the way the application works. And where is my right-click? Why cant Apple provide me with a mouse that has a rightclick by default? If you just want to get down to business, avoiding frustrating crashes and other annoying things that PCs do, then a Mac is the way to go. It's like a car; it is not necessary to know how it runs, you just need it to work and work efficiently? Although there are many small issues, I find they are all very restrictive, time consuming and unnecessary. Admittedly, you feel like you've been punished for being a PC user when the Mac whispers to you: Do it my way or it's the highway. Whereas a PC says: Just tell me want you want and I'll do it. In light of this, it is easy to see that people whose key need is to be productive and perceive the computer as a means to an end will probably be happiest with a Mac because of its quality default software, coupled with the lower risk of infection. People who might be happier with a PC are those who require a budget system, see the computer as a source of interest in and of itself, and enjoy upgrading hardware/ software on a regular basis to maintain a cutting edge. Ultimately, it is up to the user to choose the best system for the job. In other words, purchase what works for you but be mindful that it is not the brand or product name that dictates the outcome of the final product. It is the ingenuity, resourcefulness and creativity of the designer that resonates every time. Ask yourself: If you were a computer, which would you be a Mac or a PC? Until we meet again, have fun, enjoy your life and stay on top of your game. NB: The Columnist welcomes feedback at deedee2111@hotmail.com Ms Bastian is an extensively trained and qualified graphic designer, attaining MSc., BSc., ASc qualifications. She has trained at institutions such as Miami Lakes Technical Cen tre, Success Training College, College of the Bahamas, Nova Southeastern University, Learning Tree International, Langevine International and Synergy Bahamas. BASE COMPUTER CHOICE ON HORSES FOR COURSES ARTOFGRAPHIX DEIDRE BASTIAN ,QFRUSRUDWHGXQGHUWKH,QWHUQDWLRQDO %XVLQHVV&RPSDQLHV$FW RIWKH&RPPRQZHDOWKRIKH%DKDPDV 5HJLVWUDWLRQXPEHU% 1RWLFHLVKHUHE\JLYHQWKDWWKHDERYHQDPHV &RPSDQ\KDVUHVFLQGHGLWVLQWHQWLRQWRZLQG XSDQGGLVVROYHG 9,1&+(1/,0,7(' DQG DUHVROXWLRQRIWKH'LUHFWRUVZDVOHGZLWK WKHRIFHRIWKH5HJLVWUDU*HQHUDORQQG 6HSWHPEHU 'DWHGWKLVQGGD\RIHSWHPEHU 'DYLG*HRUJH-HQQHU /LTXLGDWRU

PAGE 13

BUSINESS THE TRIBUNE THURSDA Y, SEPTEMBER 1, 2011, PAGE 3B KERZNER INTERNA TIONAL, owner of Paradise Islands Atlantis and One & Only Ocean Club, was yesterday reported to be exploringthesale of its 50 per cent stake in its Atlantis, The Palm Resort in Dubai to raise cash and reach a settlement with holders of its $3.2 billion debt. The Wall Street Journal reported that Kerzner International was looking to raise money to restructure a $2.6 billion mortgage debt, secured onits Bahamian properties, which coming due next week on September 9. It said Kerzner Interna tional was in talks to sell the stake in the Atlantis, The Palm to Istithmar World, its partner, which is owned by the Dubai' government. Atlantis executives had repeatedly insisted that the talks with the debt holders are having no impact on the Paradise Island operations, and will be resolved without any impact for the company going forward. A rollover of the debt coming due, or some other form of negotiated settlement, is the most likely outcome. KERZNER IN TALKS TO SELL DUBAI STAKE Reports deal to raise cash for settlement with debt holders ATLANTIS The Palm Resort in Dubai pictured at its opening. By NEIL HARTNELL Tribune Business Editor THE MINISTER OF TOURISMand Aviation yesterday described the Hurricane Irene-related closures of Bahamian hotels as kind of bittersweet, for while revenues and visitor count will be lost, their reputation for a high-quality visitor experience will be maintained. Explaining that the likes of Sandals Royal Bahamian and SuperClubs Breezes did not want to compromise the guest experience that high-end visitors had spent hundreds of dollars for, Vincent VanderpoolWallace said that the last thing we want is the reputation the Bahamas has in terms of a quality experience to be undermined. Its unfortunate that theyre closing, because we want to have the visitor count and revenues, but in the medium-term it maintains their reputation, and that of the Bahamas, for having a quality product, Mr Vanderpool-Wallace told Tribune Business. There have been some suggestions that Irene is being used toenable some resorts to close, and eliminate losses they would otherwise incur during the slowest period of the tourism season, namely the September period. Yet there is no hard evidence to support this. The minister, though, added that during a tour of the Family Islands to assess Hurricane Irene-related damage, in every place hotel owners, operators and their staff were working to get their properties back into the best possible shape and provide the best guest experience. While there was no question that Hurricane Irene had cost the Bahamas tourism business, Mr Vanderpool-Wallace added: The good news is that like with 9/11 it happened in a month when many of those [Family Island] properties were closed for renovations anyway, so the loss of business was minimal because they were not operating in any event. Now, with hurricane-related repairs thrown in, many Bahamas-based resorts were doing more extensive renovations than planned, something the minister believes will leave them in a far better position going forward. Mr Vanderpool-Wallace said a tour of Cat Island resorts had revealed they were generally in much better shape than the Ministry of Tourism had been led to believe, with a similar situation on Harbour Island. Meanwhile, the minister also promised to address the complaints of straw vendors on Royal Caribbean Cruise Lines private island in the Berry Islands, Coco Cay. The vendors fear a loss of up to 75 per cent in revenues as a result of the cruise line opening up its own store on Coco Cay to sell Royal Caribbean-branded merchandise. I dont know the details of it, but I will certainly examine it, Mr Vanderpool-Wallace said. We certainly will address that. I know we have some meetings coming up with the cruise lines, including Royal Caribbean, so we will address that. One expert on the cruise industry, who requested anonymity, expressed doubts yesterday over the Governments ability to address the Coco Cay situation. They said the development was merely one more step in the cruise lines plans to ultimately control all the tours, excursions, attractions and retail amenities on their private islands, keeping all the revenues for themselves. The implications are very simple, the source said. Look at what weve lost in the last six-seven years in the sector. Weve lost 400-500 jobs, and the straw vendors are the last front line in the tourism business. When you get to them, you know the rest have been obliterated. Theyve [the cruise lines] got all they wanted, so they can keep all the money themselves. Theyre achieving their ultimate goal of controlling their own destinations, and are doing it at the Bahamian peoples expense. HOTEL CLOSURES BITTERSWEET Minister acknowledges loss, but says medium-term benefits from maintaining guest experience and Bahamas reputation To address straw vendors woes on Coco Cay

PAGE 14

Tribune Business report revealing this on Tuesday this week. If you put $90 million into this economy thats not chicken feed. Thats a lot of stimulus....... When one looks at it this way, the Government can get a lot of that $37 million back. Noting that $0.20-$0.25 of every $1 spent ends up back in the Treasury, the Sunshine Group of Companies chairman added: If $90 million in insurance comes in, that will get changed to $18-$20 million from that sum, so the net effect [of Irene] will not be very significant for the Trea sury. And if the Govern ments spending $37 million, thats even more stimulus. Expanding on this theme, Mr Wilson added: There are a lot of people who have earned money in the last several days, and who are likely to earn money, who a month ago had no reason to believe they would do so. A lot of shingles are down, meaning carpenters and those with skills sets are earning money. Landscaping has been impacted, so the landscapers are earning money. Truckers collecting debris are earning money. There are a lot of peo ple who were dead in the water now earning money and who, a month ago, had no reason to anticipate that. Mr Wilson said Hurricane Irenes passage had also impacted the velocity of circulation of money in the Bahamian economy, meaning the frequency with which the same dollar changed hands. People spent money they had not planned to spend, and maybe should not have spent, but the additional velocity of money in the short run is another stimulus, he added. While this might impact the spending plans of Bahamian consumers and businesses in the medium term, Mr Wilson added: In the short run, my view is that Irene is going to inject an economic stimulus. He told Tribune Business that the biggest negative from the storm had been the fallout for the private sector in terms of the Bahamas Electricity Corporations (BEC) failure to restore power to all areas of New Providence, while Cable Bahamas services had gone down for a while in others. However, Mr Wilson said this had opened some businesses eyes to the possibili ty of switching service provider from the Bahamas Telecommunications Company (BTC) to Cable Bahamas and vice versa. avoid falling out of the middle class. Describing this segment of Bahamian society as shrinking, Mr Wilson told Tribune Business this being caused by both shrinking real incomes, as wages failed to keep pace with inflation, and increasing instability in the home as families split apart under economic pressures stemming from the recession. The need to rapidly change the pattern of consumer borrowing in this country is enormous, Mr Wilson told Tribune Business yesterday. Theres a major, major need for policymaker intervention. We cannot continue this. Its putting people into virtual slavery. The businessmans concerns are again borne out by the Central Bank of the Bahamas monthly economic and financial development report for July, which showed that 34.3 per cent or more than one-third of Bahamian dollar credit extended by the commercial banks was in the form of consumer loans. Some $2.121 billion, out of a total $6.485 billion in outstanding Bahamian dollar credit, is in the form of consumer loans and it appears to be the major growth area for commercial bank lending. Collective consumer lending grew by $2.3 million in July, driving all such activity for the month. Mr Wilson said the combination of Hurricane Irene and the Back to School shopping season was likely to further stimulate consumer loan demand. Pointing to his Sunshine Finance arm, which was established to help Bahamians sort out their financial affairs and pave the way for home ownership, Mr Wilson said that while the company had done virtually no billboard or visible advertising, per cent of people in this town know of it. If we wanted to put $50$100 million on the books tomorrow for consumer lending, we could do it, he told Tribune Business. The bottom line point is this: The middle class is shrinking. People are not doing this borrowing because theyre trying to change their lifestyle,, or because they want to go for this or that; theyre trying to maintain their lifestyle. Bahamians, Mr Wilson said, were not doing anything differently, but three consecutive years of recession and anemic economic growth, coupled with high unemployment, and reduced incomes and living standards, were exacting an increasing toll. The problem is their real income is shrinking for two reasons, the Arawak Homes chairman told Tribune Business. For those who have jobs, wages are not keeping pace with inflation. People who have had jobs for the last three years, its not the climate to ask for a raise. The second problem is family instability. As long as the two people in a relationship were both bringing income home, everything was fine, but the recessions effects were beginning to fracture many marriages. Because of this downturn and economic pressures, a lot of families are splintering, and thats making a bad situation disas trous, Mr Wilson said. Theyve separated, and to maintain the same quality of life they had when they were together after that separation is nearly impossible. But for a period of time theyre in denial. The fact of the matter is that the process of adjustment means changing your lifestyle, and that is painful for a lot of people, especially mothers. These economic pressures are seriously undermining family stability, with all the social implications. People in marriage counselling tell me money problems have replaced adultery as the main reason for separation and divorce. The Arawak Homes chairman recalled a recent meeting with a man who was solidly middle class, but whose electricity had been cut off by BEC. He and his family were used to sleeping with the AC on, and as a result the mans wife, unable to sleep, had gone to live with her mother. Shes brought her whole family into her business with her husband. Hows the marriage going to survive? Mr Wilson asked. This is a very, very serious thing. I really believe public policymakers need to think about a lot of stuff and, more than anything else, this country has to come together and realise some problems are beyond the capacity of the Government in the short-run. All this is happening when the debt-to-GDP ratio is in excess of 50 per cent, so what is government going to do? BUSINESS PAGE 4B, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE The Lion & Globe symbol and RBC are registered trademarks of Royal Bank of Canada. RBC FINCO is considering applications for Mortgage Specialist MORTGAGE CENTREThesuccessful candidate should possess the following qualifications: AICB or ABIFS Diploma or degree in Banking or a related field would be an asset Five or more years banking experience Previous experience in portfolio and liability administration would be an asset Key Skills: Strong Negotiating/Selling Skills Leadership & Coaching Relationship Building Impact and Influence Ability to manage multiple priorities Demonstrated written and verbal communication skills Proficiency in Microsoft Office Ability to make sound credit analysis Responsibilities include: Contributing to meeting team sales plans by acquiring and growing profitable client relationships Providing customized solutions and financial advice designed to satisfy the clients long-term goals on obtaining a mortgage Seeking out new clients by developing relationships within the community and local centres of influence Enhancing the experience of existing clients by providing accessibility and one-on-one advice and valuable information on the intricacies of having a mortgage Successfully anchoring clients with the appropriate delivery channel within RBC Royal Bank (Bahamas) Limited A competitive compensation package (base salary & bonus) will be commensurate with relevant experience and qualifications. Please apply by September 2, 2011: Assistant Manager Recruitment & Employee Development Human Resources Bahamas Regional Office RBC Royal Bank (Bahamas) Limited P.O. Box N-7549 Nassau, N.P., Bahamas Via fax: (242) 322-1367 Via email: bahcayjp@rbc.com :( +$9( 029(' 7K H/DZRIFHVRI 0HVVUV-RKQVRQ+DVVDQt&R KDVUHORFDWHGWR KL UOH\DUN$YHQXH RIIKLUOH\WUHHW 1DVVDX7KH%DKDPDV &RUQHURQOHIWDIWHU 6DFUHG+HDUW&DWKROLF&KXUFK WK%XLOGLQJ/HIW $IWHU%XGJHWHQW$&DU 7HOHSK RQH1R )DVFLPLOHR )DOOHVVLRQHJLVWUDWLRQ J DPWRQRRQ 6DWXUGD\UGHSWHPEHU 6RXWK%HDFKRROV(DVWWUHHWRXWK /HDUQWRZLP &RPSHWLWLYHDQGWQHVVIRUDJHV \UVWRDGXOWV ,QIRHYHQLQJVf FROM page one GOVERNMENT COULD RECOUP 50 PER CENT OF IRENE COSTS MAJOR NEED FOR CONSUMER LOAN INTERVENTION FROM page one

PAGE 15

NEW YORK Associated Press AN UNPRECEDENTED deal that gives Russia's statecontrolled oil company partownership of U.S. oil fields is unlikely to be scuttled by American political or national security concerns for a simple reason: Russia doesn't need the oil. In the deal between ExxonMobil and Rosneft, announced Tuesday, Exxon will spend $3.2 billion to help Rosneft explore offshore oil fields in the Russian Arctic and elsewhere in Russia. In return, Rosneft will have the option to acquire parts of oil projects in Texas and the Gulf of Mexico, where Rosneft can learn drilling techniques that Exxon has perfected to tap hard-to-reach oil. It would be the first time Russia would own parts of U.S. oil fields. Experts say regulators and lawmakers will likely scrutinize the deal, but not block it. That's because Rosneft almost certainly won't be offered a majority stake in U.S. fields. Although specifics have not yet been negotiated, Exxon would control the projects, and apply for drilling licenses from U.S. regulators. And, importantly, Russian isn't thirsty for U.S. oil. It's the world's second-biggest exporter of crude. The oil produced in the U.S. by Exxon and Rosneft would stay here because Amer ica needs all the oil it produces_and much more. Deals with foreign countries that raise security issues can be reviewed by a secretive body chaired by the Treasury Department with representatives from other agencies. The Committee on Foreign Investment in the U.S. can then block or require changes to agreements that are deemed threats to security. This deal probably won't qualify as a threat, experts say. "It is highly doubtful they'd scuttle the deal," says Nova Daly, a consultant with the Wiley Rein law firm and a former Treasury official who oversaw the committee. Christopher Wall, an attorney who participated in CFIUS reviews as a Commerce Department official in the George W. Bush administration, says the committee has investigated some Russian investments in U.S. coal mines but hasn't interfered in those deals. Also, regulators haven't blocked a string of recent deals involving foreign oil and gas companies hoping to learn from U.S. companies how to access oil and natural gas trapped in shale formations. Norway's Statoil and France's Total and, most recently, China's CNOOC have invested billions in of dollars in in U.S. shale fields in several states. China, unlike Russia, is a big oil consumer and desperate for new supplies to fuel its econo my. Its recent shale deals were allowed by lawmakers because CNOOC is a minority partner in these agreements. Also, like in the Rosneft deal, oil and gas produced by the fields is needed in the U.S. It wouldn't make economic sense to ship the oil to China. By contrast, lawmakers threatened to block CNOOC's effort to buy the American oil company Unocal Corp. in 2005. CNOOC eventually withdrew its offer. Rep. Ed Markey, a Massa chusetts Democrat on the House Natural Resources Committee, raised objections when BP agreed to a stock swap with Rosneft earlier this year. That deal would have given the company a 5 percent stake in BP. Eben Burnham-Snyder, Markey's spokesman, said Wednesday that the congress man's office is looking into the Exxon-Rosneft deal. But he said the deal doesn't appear to involve the same ownership issues that were involved in the BP-Rosneft stock swap. The deal is a risk for Exxon, not U.S. security, experts say. Exploring the Arctic is going to be difficult, expensive, and will raise environmental concerns. And deals with Russian companies can be treacherous. Russia's oil and gas giants are controlled by the Russian gov ernment, and past deals have fallen prey to politics. "Russia is notorious for signing deals and playing nice when oil prices are low or declining, but when oil prices go back up they don't play as nice," says Sarah Ladislaw, a senior fellow in the Energy and National Security Program at the Center for Strategic & International Studies in Washington. Rosneft has been searching for a deep-pocketed partner with technical expertise to help develop oil projects in the Arc tic for years. The company was said to be in talks with Shell, though the Exxon deal likely means those talks are over. Rosneft reached a deal earlier this year with BP, only to have it fall apart. BP was unable to get out of a deal it had already signed with another Russian partner. Big oil companies such as Exxon, Chevron, BP and Shell are struggling to find new oil to replace the billions of barrels they produce every day. Most of the world's oil is owned by state oil companies in the Middle East, Africa and South America. This is forcing investor-owned oil companies to look for and drill for oil in places that are increasingly harder to reach and more expensive to develop. They have ventured into even deeper waters in places such as the Gulf of Mexico and off of Northern Brazil. Now they are pushing into the Arctic. "Exxon has to go not where they want to be, but where they have to be," says Larry Goldstein, a director of the Energy Policy Research Foundation, an industry research group based in Washington. If the Exxon-Rosneft part nership is successful the companies will bring huge new supplies of oil to the global market and push oil and gasoline prices lower than they would otherwise be_another big reason law makers might not try to block the deal. "It would be good for the global supply of oil," says Fadel Gheit, an oil analyst at Oppenheimer & Co. BUSINESS THE TRIBUNE THURSDA Y, SEPTEMBER 1, 2011, PAGE 5B By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE MINISTER of Tourism and Aviation, Vincent Vanderpool-Wallace, said yesterday that the impact of Hurricane Irene had forced many hotel properties to accelerate their renovation plans. We had a great opportunity to really go and see first hand on Eleuthera and Cat Island how the properties were doing, because we had heard some reports and, when we got there, the owners were there and said they didnt know where those reports came from, Mr Vanderpool-Wallace said. Except for some delay from opening for cosmetic stuff, generally speaking properties are in much better shape than we though a the beginning. In the Family Islands the good thing is many of the properties would have been closed anyway for renovation. Some of them saw that as an acceleration of their plans. Some of them were thinking they werent going to do anything until next year. Now theyre agreeing to do it now. So we think the properties are going to come out further ahead than they have ever have been as a result of what has happened. Frank Comito, executive vicepresident of the Bahamas Hotel Association, told Tribune Business: We have been to Cat Island, Harbour Island and Eleuthera in the past two days, as well as Abaco and the cays. There are some hotels that have had a little bit more moderate types of damage, which requires a bit more. Other than that, its cosmetic work. We are encouraged that the Government has put in for the hardest hit areas some Customs duty exemptions that will stimulate some upgrades in investments, and well be getting the word out to encourage as much of that as possible. Typically this time of the year, particularly in the Family Islands, the small hotels will close down for a month and a half or so, and that down period is when they do some of their maintenance upgrades and so on. With the recession the past couple years its been difficult to put a lot of money in that, but the hurricane may prompt some additional investments in those areas. IRENE STIMULATES HOTEL UPGRADES A PERSONALbanking officer at Scotiabank (Bahamas), Soweto R. Rolle, has completed the Canadian Securities Course (CSC ) after studying at the Nassau-based Securities Training Institute (STI). Ms Albury, STIs course administrator, said: STI provides students with the necessary tools to effectively prepare for the CSC exam, and obtain this highlyrespected international qualification. SCOTIABANK OFFICER PASSES KEY EXAM SOWETO R. ROLLE EXXON-RUSSIA OIL DEAL UNLIKELY TO RAISE CONCERNS RUSSIAN PRIME MINISTER Vladimir Putin, center right, and Rex Tillerson, ExxonMobil's chief executive, obscured center left, smile as Rosneft's chief executive Eduard Khadainatov, right, and ExxonMobil's President Neil Duffin shake hands during a signing ceremony in the Black Sea resort of Sochi, Russia, Tuesday. (AP)

PAGE 16

PAGE 6B, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE THURSDAY, SEPTEMBER 1, 2011, PAGE 7B r egional seminar on small and medium-sized tourism enterprises, said: When we look at the Bahamas, we have 280 licensed hotels. In a world that is moving very rapidly towards electronics, at only about 40 can you book electronically any day of the week. So you have 240 hotels that are operating in a way that is substantially inferior to what is expected today So when we are out promoting our destination and our countr y we have to find some ways to bring those smaller properties into the fold. It s very important we do that. If you take a look at the occupancy levels of properties within the Caribbean and, indeed, within the Bahamas, the occupancy rates of the smaller pr operties, the ones we want to support, are substantially lower than those of the larger properties that have market access. Mr V anderpool-W allace added that without an ebooking infrastr ucture, many smaller tourism enter prises will under perform. He said: The electronic infrastructure will enable anyone who has an interest in going to some of these small pr operties to book it online and get there easily . Mr V anderpool-W allace added that the same was true for access to domestic airlines. W e have eight domestic scheduled airlines that are, by and large, invisible in terms of making reservations in the rest of the world, so another piece of infrastr uctur e is to make sure that if someone is sit ting anywhere on the planet and has an Internet connection to any one of these islands, that they can get there very easily electronically , he said. So once you can book electronically for the property you are interested in, we would have made a substantial leap forward in terms of enabling the peo ple who rely on that to be far mor e successful. When we begin to do that, the flow of foreign exchange, the suppor t we would be able to give the smaller pr operties, would be more substantial. The Ministry of T ourism s sustainable tourism department, together with the Latin American and Caribbean Economic System (SELA) and the Caribbean Community (CARICOM), is hosting a Regional Seminar on T ourism: Small and Medium-Sized Enterprises (SMEs) and T ourism Development in the Caribbean Region. The overall objectives of the seminar ar e to have r egional exper ts shar e their experiences of Caribbean tourism SMEs and the challenges that ar e encountered in maintaining their competitive edge in a global environment. The two-day seminar will analyse tourism trends from a regional and global perspective, and provide an opportunity for Bahamian tourism-r elated SMEs to discuss some of the impediments to their competitive ness. While acknowledging that low liquidity levels in the Bahamian equities market were preventing retail investors from easily existing their investments, Michael Anderson said there was not enough reward to incentivise investment banks and broker/dealers into playing this role. Rather than have these companies act as purchasers of last resort, the RoyalFidelity president suggested that the way to overcome the lack of liquidity was to broaden and deepen the Bahamian equities market by expanding shareholder bases and the number of active trading participants. He was responding to Tribune Business columnist Richard Coulson, who in an August 23 article urged Bahamian retail investors to avoid both the $37 million Bahamas Telecommunications Company (BTC) IPO, and the more immediate $8 million Arawak Cay port offering, unless either their financial advisers/placement agents or the Government committed to act as market makers. In this role, they would buy shares when retail investors were unable to find a purchaser on the Bahamas International Securities Exchange s (BISX) market, providing both liquidity and price support. Theyre all nice to be s, Mr Anderson said in response to the suggestions in Mr Coulson s column. It would be great if those arrangements were put in place, but it s a dream more than a reality In this small market, youre never going to have people picking up and putting money behind the deal. The nature of the market is never going to reward people for that taking the risk, putting up the capital, and acting as purchaser of last resort. It s not a realistic assumption. W ere not a trading market, wer e an investment market. It s just not realistic. It [market makers] is not where we are at the moment, and it s not going to change in the near ter m. This reflects that most Bahamian investors buy and hold their securities investments, rather than look ing to actively trade them. Mr Anderson told T ribune Business th a t R o y a l F i d elity got out of the market making business six years ago because there was no profit in it. If you took BISX prices, why would you ever do it? Y ou can t price the risk into the transaction. For market makers, the deal could go one way or anoth er, depending on which way listed stocks moved, and there was too much risk and uncertainty involved as to whether they would ultimately make a profit. The RoyalFidelity pr esident added that the investment bank had played the market maker role prior to the creation of the formalised BISX market structur e, when the Bahamian securities market was an over -the-counter model, because people were doing it at the price they wanted to do it. Meanwhile, Mr Anderson hinted that Mr Coulson s views could be self-defeating. By warning retail investors against buying into the upcoming IPOs, the Royal Fidelity president indicated the article acted against the very deepening and broadening of the Bahamian capital markets something he sees as essential to curing the liquidity ills. At this stage of the market s develop ment, it is kind of limited in that there is not enough liquidity a n d p e o p l e t a k e longer than theyd like to get out of secu rities, Mr Anderson conceded to T ribune Business. But unless mor e people participate, the market will not have enough investors to grow and give it depth....... In the equities market generally we need more participants rather than less. He added of Mr Coulson s market maker proposal: While that would be a nice thing to have, it s unr ea li s tic to expect it to happen. If that s what were waiting for it s never going to happen..... What we need to do is give more depth to the market, mor e buyers and sellers, and a more broader shareholder base. The broader the base, the more activity there will be in the buying and selling of shares. Mr Anderson said the two BISX-listed companies with the lar gest public flota tions, Commonwealth Bank and Cable Bahamas, typically saw the greatest stock trading activity This ties-in to the fact that many Bahamian public companies are controlled by one majority or controlling gr oup, of shareholders who typically hang on to their investment. As a r esult, a limited percentage of shares are in the hands of Bahamian institutional and retail investors, which in tur n restricts the level of trading activity The bigger shar eholder bases see a fair amount of activity and the smaller bases less, Mr Anderson said. W e have to get more participants and more liquidity . The RoyalFidelity pr esident also urged Bahamian investors to buy on quality in terms of the upcoming IPOs and shares on offer rather than just look at the dividends or getting funds for Back to School. FROM page one JUS T 14% OF LOCAL HOTELS HA VE ABILIT Y F OR E-B OOKING Mar k et mak er s a dr eam mor e than a r eality I I n n t t h h i i s s s s m m a a l l l l m m a a r r k k e e t t , y y o o u u r r e e n n e e v v e e r r g g o o i i n n g g t t o o h h a a v v e e p p e e o o p p l l e e p p i i c c k k i i n n g g u u p p a a n n d d p p u u t t t t i i n n g g m m o o n n e e y y b b e e h h i i n n d d t t h h e e d d e e a a l l . T T h h e e n n a a t t u u r r e e o o f f t t h h e e m m a a r r k k e e t t i i s s n n e e v v e e r r g g o o i i n n g g t t o o r r e e w w a a r r d d p p e e o o p p l l e e f f o o r r t t h h a a t t t t a a k k i i n n g g t t h h e e r r i i s s k k , p p u u t t t t i i n n g g u u p p t t h h e e c c a a p p i i t t a a l l , a a n n d d a a c c t t i i n n g g a a s s p p u u r r c c h h a a s s e e r r o o f f l l a a s s t t r r e e s s o o r r t t . I I t t s s n n o o t t a a r r e e a a l l i i s s t t i i c c a a s s s s u u m m p p t t i i o o n n . Ro y alF idelity Mer c hant Bank & T r ust pr esident Mic hael Ander son FROM page one

PAGE 17

WASHINGTON Associated Press THE JUSTICE DEPARTMENTtook the unusual step Wednesday to try to block AT&T's $39 billion purchase of T-Mobile USA, arguing that the proposed merger would lead to higher wireless prices, less innovation and fewer choices for consumers. Now AT&T, the nation's No. 2 wireless carrier, and No. 4 TMobile are plotting a legal response to challenge federal regulators. In its civil antitrust lawsuit, the Justice Department said the merger would stifle competition in the wireless industry. The deal, which is still under review at the Federal Communications Commission, would catapult AT&T past Verizon Wireless to become the nation's largest wireless carrier, leaving Sprint Nextel as a distant third-place player and certain to struggle. AT&T quickly signaled that it won't abandon the transaction, leading to expectations of a fierce court battle. AT&T has several incentives to take up a legal fight with regulators. In court, the burden is on the Justice Department not AT&T to show that the combination would harm competition. If the deal doesn't go through, the company will be forced to pay T-Mobile a $3 billion break-up fee and give it some wireless spectrum rights. AT&T said it will ask for an expedited court hearing "so the enormous benefits of this merger can be fully reviewed." In a statement, T-Mobile's owner, the German company Deutsche Telekom, said it is disappointed by the Justice Department's action and "will join AT&T in defending the contemplated merger." The companies could wage a strong defense in court. Morgan Reed, executive director of the trade group, Association for Competitive Technology, said AT&T has at least one key fact on its side: Deutsche Telekom has said it does not plan to continue to invest in upgrading the T-Mobile network to deliver faster wireless. That means, "T-Mobile is not a competitor anymore," Reed said. "T-Mobile has already stepped away from the table," Reed noted. "We're at three nationwide wireless carriers no matter what." The association, which represents more than 3,000 small and independent application developers, believes the merger would benefit the wireless broadband industry. In addition, the Justice Department lawsuit portrays TMobile as having been a strong competitor in the past, but merger analysis is forward looking, said Washington attorney Robert Bell, who has represented clients in mergers for over 25 years. "To the extent AT&T can show there's good reason to believe that T-Mobile is going to be a very different kind of competitor in the future for example, weaker financially, less innovative then the lawsuit becomes quite a bit different," Bell said. University of Notre Dame law professor Joseph Bauer said he was "pleasantly surprised" by the Justice Department's chal lenge of the deal because it has become so rare for the antitrust regulators to block major merg ers during the past decade. During a news conference, Deputy Attorney General James Cole said the merger would result in "tens of millions of consumers all across the United States facing higher prices, fewer choices and lower quality products for mobile wireless services." T-Mobile has been an important source of competition, including through innovation and quality enhancements such as the roll-out of the first nationwide high-speed data network, according to Sharis Pozen, acting chief of Justice's antitrust division. AT&T and T-Mobile compete nationwide, in 97 of the largest 100 cellular marketing areas, according to the suit filed in U.S. District Court in Washington. They also vie for business and government customers. The lawsuit says the acquisition would eliminate a company that has boosted competition with low pricing and innovation. T-Mobile had the first handset using the Android operating system, Blackberry wireless email, the Sidekick smart phone, national Wi-Fi "hotspot" access and a variety of unlimited service plans. In a statement, Sprint said the Justice Department's lawsuit "delivered a decisive victory for consumers, competition and our country. By filing suit to block AT&T's proposed takeover of T-Mobile, the DOJ has put consumers' interests first." Federal Communications Commission chairman Julius Genachowski said the record before his agency "raises serious concerns about the impact of the proposed transaction on competition." Although the FCC's separate review of the proposed merger is still ongoing, the agency has never approved a significant merger that is being challenged by the Justice Department. Commission member Michael Copps, a Democrat and a staunch opponent of industry consolidation, said he shares "the concerns about competition and have numerous other concerns about the public interest effects of the proposed transaction, including consumer choice and innovation." Democratic Sen. Herb Kohl of Wisconsin, who heads the Senate Judiciary subcommittee on antitrust, competition policy and consumer rights, said the suit was an effort to protect consumers "in a powerful and growing industry that reaches virtually every American." The lawsuit used some of TMobile's own documents describing its role in the market to explain why the merger shouldn't take place. In those documents, the company calls itself "the No. 1 challenger of the established big guys in the market and as well positioned in a consolidated 4-player national market." T-Mobile said its strategy is to attack other companies and find innovative ways to overcome the fact that it is a smaller company. T-Mobile "will be faster, more agile and scrappy, with diligence on decisions and costs both big and small," one company document said. "Our approach to market will not be conventional, and we will push to the boundaries where possible." Since AT&T first announced the deal in March, it has insisted that consumers would have a choice of multiple wireless providers, including Leap, Metro PCS and U.S. Cellular, in many markets even if the deal is approved. The Justice Department rejected that argument. It said regional providers face "significant competitive limitations" because they do not have national networks. The department said the enormous investments and resources needed to acquire wireless spectrum and build a network make it very difficult for new companies to enter the wireless market. AT&T and T-Mobile also have said the merger would reduce dropped and blocked calls, and speed mobile Internet connections for subscribers. Faster service would result by combining their limited wireless spectrum holdings at a time when both companies are running out of airwaves to handle mobile apps, online video and other bandwidth-hungry ser vices. BUSINESS PAGE 8B, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE GOVERNMENT SUES TO BLOCK AT&T, T-MOBILE MERGER

PAGE 18

WASHINGTON Associated Press U.S. FACTORY ORDERS rose strongly in July on the biggest jump in demand for autos in more than eight years and a surge in commercial airplane orders. The increase suggests supply chain disruptions created by the Japan crisis are easing. Factory orders climbed 2.4 percent, the largest increase since March, the Commerce Department reported Wednesday. Orders for motor vehicles and parts rose 9.8 percent, the largest one-month gain since January 2003. The increase followed a decline of 0.4 percent in June, one of several reports that stoked fears the country could fall back into a recession. Wall Street appeared encouraged by the betterthan-expected report. The Dow Jones industrial average rose more than 50 points Wednesday. Economists at RDQ Economics said the July gain suggests manufacturing will grow modestly. Manufacturing has been one of the leading sectors since the recession officially ended two years ago. But higher energy prices and a parts shortage caused by the Japanese natural disasters slowed activity this spring. The July report showed pockets of lingering weakness. A key category that tracks business investment plans declined 0.9 percent in July. That followed a 0.8 percent rise in the previous month. Excluding the volatile transportation categories, orders rose a more modest 0.9 percent in July, still the best showing for this category since March. The report showed that orders for durable goods, products expected to last at least three years, rose 4.1 percent in June, slightly better than the 4 percent increase shown in a preliminary estimate last week. Orders for nondurable goods, products such as chemicals, paper and food, were up 1 percent in July after a much smaller 0.2 percent increase in June. The overall increase pushed total orders to $453.2 billion, up 33.8 percent from the recession low hit in March 2009. The economy grew at an annual rate of just 0.7 percent in the first six months of this year, the weakest performance since the recession ended two years ago. Markets became more turbulent over the last month as Europe's debt crisis intensified and U.S. lawmakers fought over increase the nation's debt limit. The prolonged debate over the debt ceiling led Standard & Poor's to lower its rating on U.S. long-term debt for the first time in history. A handful of reports showed that growth picked up at the start July-September quarter. In July, consumer spending rose by the most in five months and the economy created twice the number of jobs as in each of the previous two months. Still, consumer confidence in the economy plunged in August to a two-year low, according to a report Tuesday from the Conference Board. Many economists have been lowering their estimates for growth in the second half of this year. Some are forecasting growth at around 1 percent, only slightly better than the first six months and far below the pace needed to make a significant on unemployment. BUSINESS THE TRIBUNE THURSDA Y, SEPTEMBER 1, 2011, PAGE 9B 7D\ORU 0t(ZLVKHVWKHPZHOOLQWKHLUIXWXUHHQGHDYRUV PUBLIC NOTICEDEFENCE FORCE RECRUITMENT EXERCISEThe Royal Bahamas Defence Force is presently conducting a Recruitment Exercise.Interested candidates must be Bahamian Citizens between B.J.C.s all at grade C or above including Math and English and High School Diploma. Applicants are to bring original Royal Bahamas Defence Force.Deadline for receipt of applications is 15th September 2011.Additionally, applicants are to produce the following original documents: Spending time at sea is a requirement as well as tours of duty at satellite bases on the Family Islands. Those unwilling to meet these requirements need not apply. Application forms may be obtained from the Ministry of Nawww.rbdfmil.com. For further information, you may contact the Royal Bahamas Defence Force Recruitment Center at 362-3717 or 362-3718. further14 percentage points to hit 79 per cent in 2015. The latter figure was some 19 percentage points higher than the one projected if the Bahamas had followed their spending consolidation measures. Still, the Bahamas debt-to-GDP ratios remained far better than any other countries in the sample. All apart from St Lucia, are projected to have debt-to-GDP ratios of more than 100 per cent by 2015 if no action is taken. The use of a public debt band is critical, as it allows for primary balance flexibility and, as a result, avoids the need for large fiscal consolidations in bad stages of the cycle, which would undermine credibility, the IMF researchers said. Empirical simulations from a sample of Caribbean countries show that allowing debt to move within a relatively narrow band allows for large improvements in terms of primary expenditure. Using this targeting framework, the Bahamas and others would set recurrent spending Budgets for the next fiscal year based on the probably medium-term debt-to-GDP ratio. This would allow Budgets to be adjusted every year to meet the chosen targets and thresholds, allowing for the impact of shocks such as hurricane-related repairs on the pre vious years fiscal deficit and national debt targets. The main limitation of the public debt targeting proposal is that it requires a sufficiently strong political and societal commitment to fiscal prudence, the IMF researchers said, something that is certainly likely to be a problem in the Bahamian context. Without a strong willingness and capacity to contain special interests, distributional conflicts or other political economy pressures, the mere adoption of the framework cannot be expected to deliver the intended results. FROM page one IMF: 5% DEBT SLASH FROM SPENDING CUT STRONG AUTOS DROVE JULY FACTORY ORDERS UP 2.4 PER CENT

PAGE 19

NEW YORK Associated Press IT'S A QUIET ENDto a wild month for financial markets. Stocks edged higher Wednesday on a report that factory orders surged in July. The Dow Jones industrial average turned higher for the year. The Dow's four-day winning streak ended a tumultuous August that had the most 400-point swings in the history of the index. A surge in factory orders indicated to investors that the manufacturing industry is still healthy. Orders rose 2.4 percent in July, the largest increase since March, after falling 0.4 percent in June. That decline caused worries that manufacturing, one of the best-performing areas of the U.S. economy since the recession ended two years ago, might be starting to sputter. The Dow rose 53.58 points, or 0.5 percent, to end at 11,613.53. It fell 4.4 percent for the month, although it is now up 0.3 percent for the year. Aluminum maker Alcoa Inc. rose 3.6 percent, the most of the 30 companies that make up the Dow average. Joy Global rose 1.3 percent after the mining equipment maker said its earnings rose 46 percent because of strong global demand for commodities like copper and coal. That helped to push up other stocks in the mining and commodities industry. Equipment giant Caterpillar Inc. rose 1.3 percent. The Standard & Poor's 500 index rose 5.97, or 0.5 percent, to 1,218.89. It fell 5.7 percent for the month. Financial stocks were the worst performers in August as many worked to raise capital to comply with new regulations. On Wednesday, nine of the 10 company groups that make up the index rose. The telecommunications industry was the only one to fall. AT&T Inc. plunged 3.9 percent after the Justice Department filed a lawsuit to stop the company's $39 billion merger with rival TMobile USA. Sprint Nextel Corp., which opposed the deal, rose 5.9 percent. The Nasdaq composite index rose 3.35, or 0.1 percent, to 2,579.46. It fell 6.4 percent for the month. The Dow, S&P and Nasdaq each had their worst August since 2001. The market is closing out an extraordinarily volatile month. The Dow was as high of 12,132 this month and as low of 10,719 in the span of 23 trading days. The volatility that began in late July seeped into August amid the debate in Washington over extending the country's borrowing limit to avoid a debt default. The declines gained speed the week ended Aug. 5, when all three major indexes entered a correction, or a decline of 10 percent or more from a recent peak. Investors feared that Italy or Spain Europe's third and fourth largest economies would be unable to repay their debts. Some economists began to worry that the U.S. would slip into another recession. Then came even worse news. Standard & Poor's lowered the nation's credit rat ing, and stocks plunged. The S&P 500 hit a low for 2011 on Aug. 8 and the Dow had four consecutive days of 400point swings, the first time that's happened in its 115year history. Stocks had their first positive week in a month the week ended Aug. 26 after Federal Reserve Chairman Ben Bernanke said the U.S. remains on pace for longterm economic growth. The Dow has risen for seven of the last eight days. Bond prices have also been volatile. The yield on the 10year Treasury note briefly fell to 1.98 percent on Aug. 18, a record low, on weak manufacturing data from the Philadelphia Federal Reserve. On Wednesday, the yield rose to 2.21 percent from 2.18 per cent late Tuesday. Some investors chose to avoid the swings in stocks and bonds by parking their money in gold, but even that wasn't entirely a safe bet. Gold hit a record high of $1,891.90 an ounce Aug. 22. Two days lat er, it fell $104 to $1,757.30 an ounce. It rose $1.90 to $1,831.70 an ounce Wednesday. Rex Macey, chief invest ment officer of Wilmington Trust, said he expected more sudden turns in the stock market until investors can determine if the U.S. economy is headed for another recession or a recovery. "When you're on the edge of growth versus recession, that's a big difference," he said. "Being near the precipice means that markets are going to be more volatile." BUSINESS PAGE 10B, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE 52wk-Hi52wk-Low Securit y Previous CloseToday's CloseChangeDaily Vol.EPS $Div $P/EYield 1.19 0.95AML Foods Limited 1.19 1.19 0.00 0.1550.0807.76.72% 10.639.05Bahamas Property Fund 10.63 10.63 0.00 -0.6420.080-16.6 0.75% 7 .50 4.40Bank of Bahamas 6.93 6.93 0.00 0.2300.10030.11.44% 0.53 0.17Benchmark 0.18 0.18 0.00 -0.0480.000N/M0.00% 2.84 2.55Bahamas Waste 2.70 2.70 0.00 0.0300.09090.03.33% 1.96 1.77Fidelity Bank 1.77 1.77 0.00 0.0970.04018.22.26% 11.108.29Cable Bahamas 8.48 8.48 0.00 0.2450.31034.63.66% 2.80 2.35Colina Holdings 2.55 2.55 0.00 0.4380.0405.81.57% 8 .50 8.33Commonwealth Brewery 8.50 8.50 0.00 0.7400.00011.50.00% 7.00 6.21Commonwealth Bank (S1) 6.88 6.88 0.00 0.4960.26013.93.78% 2.00 1.63Consolidated Water BDRs 1.68 1.63 -0.05 0.1110.04514.72.76% 1.90 1.31Doctor's Hospital 1.37 1.37 0.00 0.0740.11018.58.03% 5.50 4.75Famguard 5.43 5.43 0.00 0.4980.24010.94.42% 8.50 5.35Finco 5.39 5.39 0.00 0.7570.0007.10.00% 9.74 7.75FirstCaribbean Bank 8.29 8.29 0.00 0.4940.35016.84.22% 6.00 5.00Focol (S) 5.75 5.75 0.00 0.4350.22013.23.83% 1.00 1.00Focol Class B Preference 1.00 1.00 0.00 0.0000.000N/M0.00% 7 .30 5.50ICD Utilities 7.30 7.30 0.00 -0.1220.240-59.8 3.29% 10.809.80J. S. Johnson 9.82 9.82 0.00 0.8800.64011.26.52% 10.0010.00Premier Real Estate 10.00 10.00 0.00 1.2070.2008.32.00% 52wk-Hi52wk-Low Security SymbolLast SaleChangeDaily Vol. 99.4699.46Bahamas Note 6.95 (2029) BAH29 99.460.00 100.00100.00Fidelity Bank Note 17 (Series A) + FBB17 100.000.00 100.00100.00Fidelity Bank Note 22 (Series B) + FBB22 100.000.00 100.00100.00Fidelity Bank Note 13 (Series C) + FBB13 100.000.00 100.00100.00Fidelity Bank Note 15 (Series D) + FBB15 100.000.00FINDEX: YEAR END 2008 -12.31%30 May 2013 20 November 2029 7% RoyalFidelityMerchantBank&TrustLtd(Over-The-CounterSecurities) 29 May 2015BISX LISTED & TRADED SECURITIES AS OF:7% Interest 19 October 2022 Prime + 1.75% Prime + 1.75% 6.95%WEDNESDAY, 31 AUGUST 2011BISX ALL SHARE INDEX: CLOSE 1,398.24| CHG -0.05 | %CHG 0.00 | YTD -101.27 | YTD % -6.75BISX LISTED DEBT SECURITIES (Bonds trade on a Percentage Pricing basis)Maturity 19 October 2017 W WW.BISXBAHAMAS.COM | TELEPHONE: 242-677-BISX (2479) | FACSIMILE: 242-323-2320 52wk-Hi52wk-Low Symbol Bid $ A sk $Last PriceDaily Vol.EPS $Div $P/EYield 10.06 5.01Bahamas Supermarkets N/A N/A 14.00 -2.9450.000N/M0.00% 0.55 0.40RND Holdings 0.35 0.40 0.55 0.0010.000256.60.00% 41.00 29.00ABDAB 30.13 31.59 29.00 4.5400.0009.030.00% 0.55 0.40RND Holdings 0.65 0.75 0.40 0.0290.00024.130.00% 52wk-Hi52wk-Low Fund Name NAVYTD%Last 12 Months %NAV 3MTH 1.57791.4674CFAL Bond Fund1.5779263.39%5.87%1.548717 3.01602.9020CFAL MSI Preferred Fund 3.02482.63%3.94%2.981382 1.61281.5289CFAL Money Market Fund 1.61512.61%4.53%1.591803 2.86862.5730Royal Fidelity Bahamas G & I Fund 2.5730-5.41%-9.79% 13.734713.2291Royal Fidelity Prime Income Fund 13.73472.82%1.94% 114.128999.4177CFAL Global Bond Fund 114.09222.35%13.88%114.128861 118.4255101.6693CFAL Global Equity Fund 118.42552.30%8.26%116.580785 1.17491.0000FG Financial Preferred Income Fund1.17492.48%5.16% 1.13431.0000FG Financial Growth Fund 1.13431.41%5.17% 1.17641.0000FG Financial Diversified Fund 1.17642.38%5.39% 9.9952 9.5078Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 19.94330.98%4.58% 11.498510.0324Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 210.96520.78%5.70% 10.68139.1708Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 310.60135.75%13.20% 8.85647.5827Royal Fidelity Int'l Fund Equities Sub Fund8.65073.01%18.38% BISX ALL SHARE INDEX 19 Dec 02 = 1,000.00 YIELD last 12 month dividends divided by closing price 52wk-Hi Highest closing price in last 52 weeks Bid $ Buying price of Colina and Fidelity 52wk-Low Lowest closing price in last 52 weeks Ask $ Selling price of Colina and fidelity Previous Close Previous day's weighted price for daily volume Last Price Last traded over-the-counter price Today's Close Current day's weighted price for daily volume Weekly Vol. Trading volume of the prior week Change Change in closing price from day to day EPS $ A company's reported earnings per share for the last 12 mths Daily Vol. Number of total shares traded today NAV Net Asset Value DIV $ Dividends per share paid in the last 12 months N/M Not Meaningful P/E Closing price divided by the last 12 month earnings FINDEX The Fidelity Bahamas Stock Index. January 1, 1994 = 100 (S) 4-for-1 Stock Split Effective Date 8/8/2007 (S1) 3-for-1 Stock Split Effective Date 7/11/200731-Jul-11 31-Jul-11 31-Jul-11TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-752531-Jul-11 30-Jun-11 31-Jul-11 5-Aug-11 30-Jun-11MARKET TERMS30-Jun-11 31-Jul-11 RoyalFidelity Merchant Bank & Trust Ltd (Over-The-Counter Securities) CFAL Securities Ltd. (Over-The-Counter Securities) BISX Listed Mutual Funds30-Jun-11 30-Jun-11 NAV 6MTH 1.535365 2.952663 1.580804 111.469744 115.762221 NAV Date 31-May-11 30-Jun-11 7KH%URDGFDVWLQJ&RUSRUDWLRQRIWKH%DKDPDV LQYLWHVDSSOLFDWLRQVIURPVXLWDEO\TXDOLHG LQGLYLGXDOVWROOWKHSRVLWLRQRI5HSRUWHU7KH VXFFHVVIXOFDQGLGDWHZLOOEHUHTXLUHGWRDQFKRU WHOHYLVLRQDQGQHZVEURDGFDVWVWKHUHIRUHD FRPPDQGLQJRQDLUSUHVHQFHLVDPXVW &DQGLGDWHVVKRXOGSRVVHVVDPLQLPXPRI D%DFKHORUVGHJUHHLQ-RXUQDOLVPRU0DVV &RPPXQLFDWLRQVRUUHODWHGHOGZLWKVL[f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aka ELLAMAE GLINTON lateof Dew Gardens Cow Pen Road in the Southern District of in the Island of New Providence one of the Islands of the Commonwealth of The Bahamas, deceased. Notice is hereby given that all persons having any claim or demand against the above Estate are required to send their names, addresses and particulars of the on or before the 23rdday of September, A.D., 2011 and if required, to prove such debts or claims, or default be excluded from any distribution; after the above date the assets will be distributed having regard only to the proved debts or claims of which the Executor shall have had notice. And Notice is hereby given that all persons indebted to the said Estate are requested to make full settlement on or before the 5thday of September, A.D., 2011. SYDBRI LEGAL SERVICES Attorneys for the Executrix Naomi House No.19, Ninth Terrace, Centreville P. O. Box EE-15075 Nassau, Bahamas DOW UP FOR A FOURTH DAY, TURNS POSITIVE FOR 2011 IN THIS AUG. 25, 2011 PHOTO traders Patrick McKeon, left, and Richard Deviccaro work on the floor of the New York Stock Exchange. World stock markets rose Wednesday, Aug. 31, as investors put aside con cerns over flagging consumer and business confidence in developed economies to hunt for bargains. (AP)

PAGE 20

RELIGIOUS NEWS, STORIES AND CHURCH EVENTSR E L I G I O N S E C T I O N C THURSDA Y SEPTEMBER 1, 2011 T H E T R I B U N E SAbusiness still considered to be in its infancy and a well kept Caribbean music industry secret, KLR Management Group Ltd. is already proving to be successful in taking clients to the interna tional arena after successfully securing nominations for Bahamian artists at the sixth annual South Florida Gospel Music Awards.KL R M an ag em e nt Gr ou p p r e s i d en t Ke it h R ol le o f f ici al l y r e l e a s e d t h e na mes of th e ar t i s ts he r e p r e s e nt s wh o a r e n o w n om in ee s i n th e 6 t h A n n ua l S o ut h F l o r i d a Go s p e l M u s ic A w a r ds a t Co ve na nt Ce nt r e I n t e r n at io n al o n No vem be r 4 -5 i n P al m Be ach G ar d en s F lo r id a. "Each nominated artist signed a dis tribution agr eement with KLR, so we went the extra mile and submitted their pr ojects for The South Florida G o s p el M u s i c A w a r d s A l t h ou g h Manifest is no longer with KLR for M a n ag e me n t an d D i s t r i b ut i o n we decided to let the nomination stand, he said. No m in at ed in th e H ip Ho p d i vi s i o n ar e M an if es t a nd J .Ch as e I n th e F em al e C on t emp o r ar y a r t is t cat e go r y r e p r e s e n t i n g t h e B a h a m a s i s Ja yn el le a nd f or Fe ma le T r a d i t i o n a l G os p el i t is S un ae Ru s s el l. W e ar e a ls o r eal l y de li gh t ed w it h n ew a r t i s t V M ac wh o i s no m in at ed f or M al e V oca li s t o f t h e Y e ar an d h is s on g E l e v a t i o n s i s u p f or So n g o f T h e Y e a r C. R. E.A M is a ls o t o b e co n g r at ul at e d f o r th ei r n om in at i on i n t h e Hi p Ho p d iv is i on a s we ll T he 6 n om in at i on s r e p r e s en ti n g 5 B a h a m i a n a r t i s t s s o l i d i f y R o l l e s r e s pe ct ed p r es e nce on th e i nt e r n a t i on al s ce ne an d ha s con f ir m ed h is a bi l it y to t ak e Bah am ia n e nt e r t a i n e r s i n to a n ew ma r ke t A ll of th es e art is t s h ave wor ke d h a r d t o get wher e t he y ar e and th ey a re ab le to n ot o nly com pet e bu t p r e s e n t a c o m p l e t e p r o f e s s i o n a l p ackag e t o t hei r int er na ti ona l au di e nce. One th ing I bel iev e in is n et wo rk in g an d at KL R we ar e cr e a t i n g s t ra teg ic net wor ks wit h our af f i l i a t e s i n A t l a n t a M i a m i T e n n e s s e e W a sh in gto n D .C. a nd T o r ont o to hel p r ai se a pl atf or m f or o ur a rt is t s an d t h e i r p r o d u c t s A d d i t i o n a l l y Bah ami ans can g o t o w w w s f g m a c o m a nd vot e f or t hei r cou nt r y m e n M r Ro l le i s we ll v er s e d in t h e e n t e r t a in me nt in d us t r y wi t h ne ar l y a d eca de a nd a h al f o f wo r ki n g i n v ar i o u s ca pa cit i es wi th ot h er w el l kn o wn e nt i t ie s as a ma na ger r e t a i l e r as s i s t a nt r ad io s h o w h os t s al es exe cu t i ve an d f o r me r C.O .O f o r a n i nt e r n at i on al d i gi ta l di s t r ib ut i on co m pa n y He h as al s o s e r ved o n m us i c an d d i s t r i b u t i o n l a b e l C r e a t i v e S o u l E n t e r t a in m en t an d wor ke d clo s el y w it h t h e Ca r ib b ea n G os p e l M us ic M a r li n A w a rd s H e s a ys t h e n om i na t i on s p r ov id e t r em en do u s op po r t u n i t i es fo r t h e na ti o n. Right now we are looking at havi ng a Bah ami an c on ti ng en t at th e awards show to represent the country , said Rolle. J. Chase and Jaynelle h a i l f r o m t h e b ea u t if u l i s l a n d o f Eleuthera, Sunae Russell was bor n on the island of Andros, Manifest is orig inally fr om Grand Bahama and V Mac was bor n here on the island capital of New Providence. It will be a tr emendous opportunity for sponsors looking t o al i g n t h em s e l ve s wi t h p o s i t i ve q u a li t y a nd p r o d u ct i ve B ah am i a ns who will appear on the red carpet, be photographed by for eign media and hopefully give an acceptance speech thanking those who helped them get ther e when they win the award. This is not just about music but about show ing what this great little nation is capa ble of pr oducing as a whole. Founded by Peppi Hendrix in 2004, t h e S o ut h F l o r i d a G o s p el M u s i c A war ds has seen tr emendous growth and development since it's inception. T he S ou t h F l or id a Go s p e l M u s i c A war ds (SFGMA) was cr eated as a venue to r ecognise and give meaningful and maximum exposur e, to those independent gospel ar tists who have made an impact thr ough the medium of gospel music thr oughout the United S t a t es Ca n ad a T h e Ba h am a s C ar ib b e an I s l an d s t he U ni t e d Kingdom and the W orld." said Mr Hendrix. "The A wards boasts such National and Inter national Corporate Sponsors a s T h e I s l a nd s o f t h e Ba ha m as T ourism Office, The Florida Gospel A nn oun c e rs Gui ld of the GM W A Inc, State Far m Insurance, Geffen and Universal Records, The Bobby Jones C o mp l e x f o r P r e s e r va t i on S F GN BBTV The FL. Dept. of Health and Gospel USA Magazine, just to name a few ." He continued, "This year we are expecting 1,500+ attendees to attend t h r o u g ho u t t he SF G M A W e e k e n d Events. The event is FREE to attend, however you must register ." A ward winners will be decided by o n l i ne v o t e o n w ww s f g m a c o m V oting has already begun and will end on October 25th, 2011.S IX B AHAMIANS N O M IN A T ED I N F LOR ID A GOSPEL MU SIC A W ARDS All of these artists have worked hard to get where they are and they are able to not only compete but present a complete pro fessional package to their international audience. KEITH ROLLE KEITH Rolle of the KLR Management Group.

PAGE 21

The T ribunePG 40Thursday September 1, 201 1RELIGIONUnde r th e p atro na ge o f Go v erno r G ener al a nd Lady Fo ulkes the Hi gh gr o ve Si nger s, un der the dir ecti o n of Adri an AW Arc h e r, wi ll pres ent thei r ann ual s um me r co nce rt The Si ngi ng Hea rt at S t Andr ews Pr esby teri an Kir k Frid ay Se ptem ber 2 at 8pm and S und ay Se ptem ber 4 at 5 pm .The DANSA awar d winning choir now in its 15th year will present choral works by Eric Whitace, Bob Mealor Andre Thomas and many others, said Adrian Archer director of the music ensemble. W e have entitled the con cer t The Singing Heart, because the music and text of the song so titled by E n gl is h C o mp o s e r B o b Ch i c o l tt embodies the concept that music is able to soothe the human spirit through times of trial, and helps us to celebrate in times of triumph, said Mr Ar cher Making an appearance as guest artist during the concert is mezzo-soprano Norma Ash. She most recently led the Y o u th C h o ir o f S t F r a n c i s X a vi e r Cathedral in James W eldon Johnson s pr oduction of God s T rombone. Selfless MindsetN o rma i s an ama z i ng m usical persona l i t y who be li ev es i n u sing her tal ent to ble ss the heart s and mi nds of he r audi ence; t his sel fl ess mi ndset e mbodi es the Si ngi ng H ea rt the me of our concert In addi ti on to her sol o ap peara nc e in the concert Mi ss Ash, wi l l si ng w it h the H i g h g r ov e S ing ers a speci al ly arr a n g e d v er s io n o f Am az in g G r ac e c o mposed by Roge r A mes a nd de dica ted to the vi cti ms of the 9/ 11 tra ge dy T his pa st spri ng the choi r lost i ts p a t r o n Dr K ev a Be th el s a id M r A rcher She ha s supporte d t he choir f r om i ts inc eption and f irs t m u sical p rese ntat io n of he Broa dway mu sical Once On Th is Isla nd. D uring t he c on c e rt we wil l pa y t ribut e to t his wonde rful la dy of our na ti on in a f ew spe c i al mom ent s of r e m e m b r a n c e F i n a l l y T he Hi ghg rove si ng ers hav e del i berat el y f ocused on ma king the cul t u re o f thi s g roup a tra ini ng g round f or musi cia ns to l earn a nd hone the ir craf ts. It i s there f o re our ple asure t o int r o d u c e Mr Gi ova nni Cla rk as ou r fi rst choral conducti ng int ern. G i ovanni is mu sic ma jor a t the Col le ge of the Ba ham as, and wi l l de but a s a conduc t or of th e g roup in Da vi d D icka u s If Music B e the Food of L ove. Ac c o mp a n yin g th e c ho ir w ill be Raym ond Ant oni o and Col l ege of th e Baha ma s a djun c t musi c p rofessor D r Chri sty L ee. T i ckets for the conc e rt a re $ 20 e ach and can be obtai ned from t he c once rt b o x o f fic e lo c a te d at S t G eo r g e s An gl ic an C h ur c h M o n tr os e A v e n u e ( T e le phone 322 -1 139 / 32 5899 7) pa rt p roceed s fro m the concert wi ll a id th e C h i l d re n s Em erge ncy Host el .TH E HIGHGR OVE SIN GE R S PRESE N T THE SIN GING HEAR T MEMBERS of the choir are photographed with leaders (front row) Giovanni Clarke, choral intern, Raymond Antonio, accompanist and Adrian Ar cher conductor

PAGE 22

THE TRIBUNE SECTION E THURSD A Y SEPTEMBER 1, 2011 $JHQWVt%URNHUVf/WG0$56+&RUUHVSRQGHQW INSIDE TRAK TTUURRNN TTOO 33EE......TTUURRNN TTOO 44 && 55EE......TTUURRNN TTOO 66EE...... THE GRAND DADDY OF COACHING IN THE BAHAMASMINISTER OF SPORTS MEETS WITH TEAM BAHAMAS IN DAEGUSOCCER: MAN CITY COMPLETES SIGNING OF HARGREAVES US OPEN: KNOWLES AND MALISSE ADV ANCE TO THE SECOND ROUNDSO FAR, 13TH IAAF WORLDS FULL OF SURPRISES TTUURRNN TTOO 77EE..TTUURRNN TTOO 88EE...... 13th IAAF World Championships By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net DAEGU, South Korea No one likes to be in the position that Leevan 'Superman' Sands finds himself in. Since arriving here with the team on August 22, he has been waiting around in the Games Village for his opportunity to compete. But that chance won't come until Friday when he competes in the preliminaries of the men's triple jump for one of the 12 spots in the final on Sunday's final night of competition. "I've just been ready, anxious. I've been here long. It's been a long wait for the triple jump," said Sands, who will be the last competitor for the Bahamas to compete in an individual event. The semifinal and final of the women's 100 metres will both be on the same day and, if she is given a leg to run, Cache Armbrister will be the last member of the Bahamas' 18-member team to taste the track at the colourful Daegu Stadium. For Sands, the triple jump has traditionally been one of the last events on the schedule and even though there have been some changes here with the 4 x 400 heats for men today and the final on Friday, and the 4 x 100s have been moved to close out the championships, nothing has changed in terms of his approach to his signature event. "It's been a long wait, so I am get ting a chance to see everybody compete," said Sands, who is looking forward to the final of the men's high jump with Donald Thomas and Trevor Barry. He is also looking forward to the preliminaries of the women's 200 with Debbie Ferguson-McKenzie, Anthonique Strachan and Nivea Smith as well as Raymond Higgs in the men's long jump and both the men's 4 x 4 and women's 4 x 1 as they get set to close out the second half of the championships. "I got to see some mishaps with some people not making the final for the Bahamas team," Sands said. "That just makes me more angry and eager to go out there and try my best to make it in the final. We have Donald and Trevor already in the final of the high jump and I was happy for that. It was motivation for me too." During Wednesday's off day of competition, Sands got a chance to sit down in a meeting with the Min ister of Youth, Sports and Culture Charles Maynard. While he was delighted to hear what the Bahamas Government is hoping to do for the athletes, he wanted to make it crystal clear that his goal still remains the same, whether or not more money was being offered to the athletes for their performances here. "This has been a crazy World Championships. I'm sure everybody saw what happened in the 100 (with Usain Bolt of Jamaica getting eliminated for a false start like Adrian Griffith) and the men's 110 hurdles (with Dayron Robles of Cuba being disqualified)," Sands said. "I think I'm in good shape right now and my coach (Henry Rolle) thinks I'm in good shape. So I'm looking forward to some big things here." Sands, who celebrated his 30th birthday on August 16, comes in with some impressive credentials at these championships. In 2003, he was the bronze medallist in Paris Saint-Denis, France. In 2005, he got fourth in Helsinki, Finland. In 2007, he didn't make it out of the qualifying round in Osaka, Japan, but returned for another fourth place in Berlin, Germany, in That goes to show that Im in top form Leevan Superman Sands ready, anxious to compete in triple jump prelims Friday S S E E E E p p a a g g e e 3 3 E E TOP FORM: Leevan Superman Sands can be seen in the 2010 CAC Games in Mayaguez, Puerto Rico. Since arriving in Daegu, South Korea, with the team on August 22, he has been waiting around in the Games Village for his opportunity to compete. But that chance won't come until Friday when he competes in the preliminaries of the men's triple jump.

PAGE 23

By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net DAEGU, South Korea In everyones life, there is no greater sense of appreciation than being able to reach the highest pinnacle in what they do. For Ronald Cartwright, who has been the "grand-daddy" of coaching in the Bahamas since the 1970s, he has finally gotten to the top of the mountain so to speak in his fraternity. At age 73 and the father of one of the premier coaches inthe country, Sidney Cartwright, the elder Cartwright has finally been afforded the opportunity to represent the Bahamas as a coachatthe IAAF World Championships, one of the two events he always dreamt of being a part of. The other isthe Olympic Games. While the latter may not become a reality in his lifetime, Cartwright is trying to soak up the exposure he's getting here before he starts to lean towards retirement. "I really couldn't ask for more," said Cartwright as he spoke to the local media in the Games Village. If there is, Cartwright said it's his confidence that the athletes will prove him right and Team Bahamas will make the Bahamas very proud when the championships end on Sunday night. "We have two jumpers in the final and that is something that we have been looking forward to for a very long time," said Cartwright of Donald Thomas and Trevor Barry, who will provide the thrills and spills for the Bahamas in the final in the men's high jump tonight. "The relays, I think will be very exciting and from what we have seen from the other countries, we stand a very good chance of winning a medal. It looks very good." Cartwright, who is the founder and head coach of the RC Athletics track club in Nassau, is primarily responsible for overseeing all of the jumpers on the team, despite the fact that they have their own personal coaches also in attendance. "The two high jumpers making the final is exceptional," Cartwright noted. "From Leevan (Sands) we can expect big things (in the men's triple jump) and Raymond Higgs is an up-andcoming long jumper, but he's been jumping very well at the collegiate level. So I don't see him doing any worse. He should only get better at this level." There are still a lot of expectations for Team Bahamas, even though one of them was the exit of all three quarter-milers in the semifinal of the men's 400 metres. But following on the heels of Thomas and Barry's triumphant entry in the men's high jump final, Cartwright is of the opinion that Sands will also rise to the occasion. "I spoke to him at dinner yesterday and he told me that his first jump he pops is going to be the winning jump," Cartwright noted. So I can say he's really ready to jump." As for Higgs, like Bianca Stuart in the women's long jump, he will be making his debut in the preliminary rounds of the men's long jump today. Does Cartwright feel that he could falter under the pressure as Stuart did when she scratched her first attempt, barely got in her second and produced her best mark on the day in the third round to just miss out of a spot in the final? "I dont think so," he said. "Raymond is a person who is always in a good mood. So I don't think this pressure will get to him at all. I know that he's going to jump well." SPORTS TRIBUNE SPORTS THURSDAY, SEPTEMBER 1, 2011, PAGE 3E 13th IAAF World Championships 2009. Along the way, Sands garnered enough energy to pop the third best jumpfor the bronze medal at the 2008 Olympic Games in Beijing, China. He was also the runner-up at the IAAF/VTB Bank World Athletics Final in Thessalonika in 2009 after he got sixth in the same meet in 2008 and fifth both times in Stuttgart in 2007 and Monaco in 2005. The national record holder at 17.59 metres (57-feet, 81/2-inches) has done a season's best of 17.13m (56-21/2) which ranks him as the 13th best jumper in the world this year. But by Sunday, he hopes to change all that when he's finished competing. "First things first. I have to qualify to get into the final," he said. "Once you get into the final, anything is possible. But I plan to go all out in the final because the way this World Championships has been going, it's like anything could happen. If I hit a PR (17.60-something 57-9), I might medal. I might win. You never know how the competition is going on that day." And being the competitor that he has proven to be, Sands said he's just going to go with the flow on the day. "You know how I go," he charged. "I love the crowd." Hopefully, his performance will be one that everybody will love too. "I've been training hard from since I got here," Sands said. "I train around 11 o'clock in the morning. When I have to go and do the prelims, I will be ready. That is what I've been doing to make sure I'm ready and I get this qualifying jump down packed. So I've been on the time that I need to be on. And I've been looking good in practice. "Last week in my first practice over here, I jumped 16.90m (5551/2) from 12 steps, which was a big PR for me. I PRd twice that morning 16.60m (54-51/2) and 16.90 (5551/2). Then I shut it down. That goes to show that I'm in top form." But as he mentioned from the break, only time will tell how well he will do. TRIPLE JUMPER LEEVAN SUPERMAN SANDS ANXIOUS TO COMPETE IN PRELIMS SPORTS MINISTER Charles Maynard with Leevan Sands in Daegu. F F R R O O M M p p a a g g e e 1 1 E E RACE READY: Head coach Fritz Grant (left) with Cache Armbrister. The semifinal and final of the women's 100 metres will both be on the same day and, if she is given a leg to run, Armbrister will be the last member of the Bahamas' 18-member team to taste the track at the colourful Daegu Stadium. I really couldnt ask for more Grand-daddy of coaching in Bahamas Ronald Cartwright has always dreamt of being a part of the IAAF Worlds DREAM TO REALITY: 73-year-old Ronald Cartwright (left) and Doyle Burrows. By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net DAEGU, South Korea Wednesday was an off day for competition at the IAAF World Championships in Athletics. So Minister of Youth, Sports and Culture Charles Maynard, accompanied by his new director of Sports, Timothy Munnings, thought it was a good time to gather Team Bahamas together for a meet ing to discuss the way forward as it pertains to the co-opera tion of both the athletes and the ministry, but more impor tantly to rally them for the final four days of competition. "I thought the meeting went very well," said May nard, who got a chance to answer some direct questions from the athletes and team officials. "It was very encouraging for me to take the time out and to give them some encouragement towards the second half of this meet. I just wanted to let them know that the Bahamas Government and people of the Bahamas is behind them 100 per cent and they are rooting for them." During his address, Maynard was able to assure the athletes that all is well in the Bahamas as far as Hurricane Irene is concerned and that there is no need for anyone to panic. He also brought them up to date on the latest developments as far as the Bahamas Governments sub vention programme that has been instituted to assist the athletes with their prepara tion for international compe tition. Maynard also noted that through the Bahamas Association of Athletic Associa tions, the Bahamas will be putting in a bid with the International Amateur Athletic Federation (IAAF) for the hosting of the 2014 World Junior Championships. If successful, it will be the first time that the championships has been staged in the region since Jamaica hosted it in 2002. The 13th IAAF World Jr Championships was held in Moncton, New Brunswick, Canada, July 19-25, 2010, where Shaunae Miller made history as the first Bahamian to win the women's 400 metres. "The bid package is due in tomorrow (today)," he said. "The Director of Sports, along with the BAAA, have been working on the package and we expect to submit it. We feel comfortable about it. But these things are not just about submitting the bid, but lobbying for it and we have been doing our share of rubbing shoulders with the various players in the IAAF. So we feel good about the prospects of our bid being the one getting chosen for 2014." Maynard declined to reveal the monetary figures of the bid because it is in its prelim inary stages, but he noted that while it is a very expensive venture, the benefits can be "humongous for the Bahamas," he said. "It will be a great touristic advantage, but it will also be a way of us featuring our brand new stadium in grand style. "It will be the biggest event that we have ever hosted, attracting people from all over the 200-plus countries around the world that are involved in the IAAF. The uncertainty of the event is the finish time of the national stadium in its entirety with all of its work. That prevented us from bidding on anything else before that like the World Youth in 2013. But we are happy to be able to be in a position to go after the World Juniors in 2014." The new Thomas A Robin son Track and Field Stadium, which is a gift from the People's Republic of China, has been completed and is considered to be the jewel of the Caribbean. However, there is still a lot more work that has to be done to the landscape and surrounding areas at the Queen Elizabeth Sports Cen ter. While here, Maynard said he got a chance to take a close-up look at the colour ful Daegu Stadium and he assured the athletes that the government is doing all in its power to make sure that the TAR Stadium will be one that they, along with everybody who visits it, will enjoy. When asked about the possibility of seeing more of the elite athletes showcased in a national arena, Maynard said the government intends to do just that at the stadium with its Wall of Fame set up, similar to that at the Lynden Pindling International Airport. But he also told the athletes that he and Munnings, a former World Championship 4 x 400 relay medallist, have been working on a pro gramme that will showcase all of the elite athletes even more by producing ads for radio, television and the newspapers that will display their athletic and scholastic achievements. He advised the athletes to make sure that whenever they return home, to get in touch with his ministry to ensure that they get all of the necessary data so that they can start the process as soon as possible. Maynard didn't hand out any cheques, but he advised the athletes that the government will be restoring the subventions to the figures that they were before some of them had to take a pay cut. And he noted that those athletes that were not on subvention, but whose names have been submitted to his ministry, will be added to the list. As for the performances here, Maynard said the government will continue with its mandate to give cash incentives to those athletes who have qualified for finals and even greater to those who medal. There was no increase in the incentives. Veteran sprinter Debbie Ferguson-McKenzie, who serves as the team captain, said she thought Maynard's remarks were very positive and she feels that he's trying to go in the right direction with the economy in its present state. "We have to be thankful for what we get, even though some athletes feel that they deserve more," she said. "I think it was very positive and it's heading in the right direction and hopefully now the athletes will be even more motivated to go out there and put their aquamarine, gold and black on and go out there and compete regardless of what. I think it's been positive and we are very thankful." SPORTS MINISTER, DIRECTOR MEET WITH TEAM BAHAMAS IN DAEGU SPORTS MINISTER Charles Maynard (center) speaks with some members of Team Bahamas at the Games Village. SEE MORE PHOTOS ON PAGES 4 & 5E

PAGE 24

SPORTS PAGE 4E, THURSDAY, SEPTEMBER 1, 2011 TRIBUNE SPORTS 13th IAAF World Championships MINISTER MAYNARD, MUNNINGS MEET WITH MEETING THE MINISTER: Wednesday was an off day for competition at the IAAF World Championships in Athletics. So Minister of Youth, Sports and Culture Charles Maynard, accompanied by his new director of Sports, Timothy Munnings, thought it was a good time to gather Team Bahamas together for a meeting to dis cuss the way forward as it pertains to the co-operation of both the athletes and the ministry, but more impor tantly to rally them for the final four days of competition. Here, they can be seen in the Games Village.

PAGE 25

SPORTS TRIBUNE SPORTS THURSDAY, SEPTEMBER 1, 2011, PAGE 5E 13th IAAF World Championships TEAM BAHAMAS IN DAEGU, SOUTH KOREA MEETING THE MINISTER: Wednesday was an off day for competition at the IAAF World Championships in Athletics. So Minister of Youth, Sports and Culture Charles Maynard, accompanied by his new director of Sports, Timothy Munnings, thought it was a good time to gather Team Bahamas together for a meeting to discuss the way forward as it pertains to the co-operation of both the athletes and the ministry, but more importantly to rally them for the final four days of competition. Here, they can be seen in the Games Village.



PAGE 1

N ASSA U AND BAHAMA ISLANDS LEADING NEWSPAPER Volume: 107 No.228THURSDAY, SEPTEMBER 1, 2011 PRICE 75 (Abaco and Grand Bahama $1.25 WEATHER SUNNY, T-STORM HIGH 88F LOW 79F By NOELLE NICOLLS T ribune Staff Reporter nnicolls@tribunemedia.net P OLICE detained the air craft of a local charity with questions about its opera tions, The Tribune can conf irm. T he Humanitarian Oper ation Foundation (HOPE Foundation) was allegedly flying its helicopters too low and landing on unauthorised locations, accord ing to government officials. HOPE Foundation used two helicopters and a fixedwing aircraft from the United States to operate search and rescue missions, and to d eliver relief supplies to family island residents in the wake of Hurricane Irene. Police detained one of the c ompanys helicopters on Sunday in Cat Island while they investigated their con cerns. This came on the h eels of an alleged mis take that led to govern ment officials temporarily s eizing some of the organis ations relief supplies. The HOPE Foundation worked in collaboration withS ea Air Land Security ( SALS) Inc, a Florida-based security company, com prised of ex-military pilots Questions about HOPE Foundation operations TRY OUR McFLURRY SNICKERS The Tribune THEPEOPLESPAPER BIGGESTANDBEST LATESTNEWSONWWW.TRIBUNE242.COM Hurricane charity air craft detained N N O O B B O O D D Y Y B B U U T T N N O O B B O O D D Y Y B B E E A A T T S S T T H H E E T T R R I I B B U U N N E E I I N N S S I I D D E E T T O O D D A A Y Y C C A A R R S S ! C C A A R R S S ! C C A A R R S S ! L L O O A A D D S S O O F F J J O O B B S S A A N N D D H H E E L L P P W W A A N N T T E E D D ! T T H H E E T T R R I I B B U U N N E E S S C C L L A A S S S S I I F F I I E E D D S S T T R R A A D D E E R R By AVA TURNQUEST Tribune Staff Reporter aturnquest@tribunemedia.net THE sudden death of a mother-of-five who had experienced dengue feverlike symptoms has shocked loved ones who now ques tion whether or not they underestimated the disease. Grieving husband Jonathon Smith told The Tribune he now awaits the findings of an autopsy to understand why his wife, Eunice, 46, collapsed in his arms at their Pinewood home. Mr Smith said: I had just gone out to get (his wife some more Gatorade, right as I pulled up, they came out to me saying that she wanted SEE page 11 JONATHON AND EUNICE SMITH on their 20th wedding anniversary. MOTHER-OF-FIVES DEATH PROMPTS DENGUE FEVER CONCERNS SEE page 10 By CELESTE NIXON Tribune Staff Reporter c nixon@tribunemedia.net A WEEK after Hurricane I rene swept through the Bahamas, cell phone users are still experiencing dropped calls and interrupted services, or no service at all. BTC spokesman Marlon Johnson said that while thep ower plant in Nassau is largely online, some cus tomers are experiencing disruptions in services as a result o f BTC resetting its network. Apologising for the service disruptions, Mr Johnson said some of the exchanges have gone offline what customers have been experiencing ared ropped calls and failed calls which are just related to us getting our plant functioning. Mr Johnson added that t hese issues are being addressed and they hope to have problems fixed today. He said: We are hopeful in a day or two that phenom ena will go away. M ost of the country was a ffected by Hurricane Irene when she tore through the Bahamas on Wednesday andT hursday of last week. While some minor issues persist, Mr Johnson said overall the BTC plant is in good shape. According to Mr Johnson, a round 90 per cent of landline customers and 80 per cent of mobile customers remained in service throughout the storm. The islands affected the most continue to experience operational problems, in particular Eleuthera and Cat Island, said Mr Johnson. He said issues in service can either be attributed to dam aged poles, which are now being addressed by BTC along with BEC and the issue of unrestored commercial power. Mr Johnson explained CELL PHONE SERVICE ISSUES CONTINUE ONE WEEK AFTER HURRICANE By SANCHESKA BROWN MP for MICAL, V Alfred Gray has accused Prime Minister Hubert Ingraham of "cor rupt practices", after he trav elled to Abaco Monday using the Aga Khan's helicopter. The Prime Minister with a contingent of ministers went to Abaco to assess the damage after the passage of Hurricane Irene. That same day it was announced that dredging had started on the Aga Khans private island in the Exumas Bell Island. The island which is a part of the Exuma Cays and Sea park, has been the source of controversy among environmentalists who say the development would destroy the natural beauty, the ecological diversity and history associated with MP A CCUSES PM OF C ORR UPT PRA CTICES SEE page 10 SEE page 11 MP FOR MICAL V Alfred Gray TROPICAL storm Katia is not expected to be a direct threat for the Bahamas, meteorologists predicted yesterday. The storm has the potential to develop into a hurricane sometime today, however up to press time it had not developed a well-defined eye and was travelling at 70 miles an hour. According to Accuweather, storm projections indicate Katia, whose path is much further north than that of Hurricane Irene, will pass well to the east of the Bahamas. Despite favourable projections, Bahamians were advised to remain on their guard and keep abreast of the storms path over the next few days. STORM NOT EXPECTED TO BE DIRECT THREAT KATIAWILLPASS WELLTOTHEEAST OFTHE BAHAMAS

PAGE 2

LOCAL NEWS P AGE 2, THURSDA Y SEPTEMBER 1, 201 1 THE TRIBUNE INSIGHT For the stories behind the news, read Insight on Mondays A Tribune reader captured this photo of a traffic accident on Eastern Road shortly before 6pm yesterday. The incident took place between High Vista Drive and Mount Vernon, and caused even more traffic congestion than usual at this already busy hour. CRASH O N THE E AS T E R N R D

PAGE 3

E DITOR, The Tribune. I WILL appreciate it if you would allow me a little space in your columns to express my personal obser-v ations and feelings in r egard to the disaster r esponse here in Mayaguan a. While, I can appreciate, that we are a country made up of islands spread over thousands of square miles; and that the government and/or its agencies must p rioritize their response to t hose islands or communities according to their need f or assistance after a hurricane or other disaster. H owever, let me state here that their response to Mayaguana, after the passi ng of hurricane Irene, leaves much to be desired a nd I personally, expected more from a caring government. During my last five to 10 years here in Mayaguana,w henever the islands were threatened with a direct or s ignificant effects of a hurr icane, NEMA usually dispatches Defence Force o fficers to remain on the island to assist the resid ents in the event of disaster. O n this instance not only w ere there no such assis tance in preparation to or d uring the hurricane; but t o date; one week after the hurricane had hit the island, to my knowledge, we have yet to receive ano fficial visit from any of the Commonwealth of The Bahamas Governmentsa gencies. This in my opin ion is scandalous. It is shocking to think that an agency of theC aribbean out of Jamaica, h as visited our island and delivered care/food packages and to date not one agency from our own gov ernment has yet to visit this island; in order to try and appreciate what diffi-c ulties or if any, that M ayaguanians may be experiencing. We have been geograph ically categorized as being behind Gods back and were and continued to be treated as such (but for the Grace of Almighty God) by the powers that be. But God is still faithful t o His promise and his mercy extends to us behind His back because H e is in the lead. W hile Mayaguana, thank G od fared better than s ome of our family islands, w e have and continue to e xperience some difficulties. Many, if not most of our homes experienced some form of damage, whether from flooding loss of shingles and parts of roofs. The churches, r eceived damage and in o ne instance, lost a com plete structure which was under construction. During the hurricane, we c an appreciate that situat ion may cause us to have t o adapt and make the best o f the situation; but there a re some things which c ould be done as a matter of common sense which would minimise the risk of physical injuries to persons during the storm. This is so in our person al lives and certainly byt hose we elected to govern our affairs. Here in Mayaguana, the t wo schools used as shel t ers have their restrooms many feet away from the main buildings being used as shelters and should onev enture outside during such weather conditions, they are being subjected toa very high risk of injury. This could be corrected not only for the hurricane season but also for the stu d ents who attend school a nd must use the restroom during inclement weather. Apart from a limited n umber of cots, which I am told could have been or were made available from the Red Cross, no provi s ions or contingency are made in advance to deal with the very old people who might have to used the centre. I understand that persons using the shelters are required to provide their own basic necessities. However, some consider ations must be given to those disabled and elderly people who may not have the means or otherwise. I thank God, we have some genuinely caring people on this island and the Local Government (as limited as they are). We have been out of power for a week; howeverI commend and thank the local BEC staff and those men from the community, w orking with him under very difficult circumstance; with limited resources; as of yesterday, most of the islands power has been restored. A s a Mayaguanian, I u rge the government to t ake a serious, look at their d isaster plans for these islands and in particular the island of Mayaguana. I am incensed that I have heard of government agencies having visited our other family islands and to d ate none think us import ant enough to make not even a cursory visit. T here is a limited supply of water and we are sadd led with an unreliable/erratic mail service. T he governments water tanks, which collects water f or the communitys use, has been damaged or the water polluted due to the storm, but our only help so far came fromJ amaica/Caribbean National Emergency A gency. Our sincere t hanks to them. I only hope that this or s ubsequent government would take a real close a ssessment of their policies and understand that event hough we may be behind G ods back as they say, we are very much a part oft he Bahamas and have the s ame basic needs as they and our brothers and sis ters elsewhere in the Bahamas do. GLENN MOSS Mayaguana, A ugust 30, 2011. (And who does Mr Moss t hink arranged for the J amaican agency to send in supplies if it were not his own government? (The Caribbean Disas ter Emergency Manage ment Agency, under CARICOM, is an inter-regionals upportive network of indep endent emergency units throughout the Caribbean, headquartered in Jamaica. (The Bahamas is a mem ber of this regional agency. NEMA arranged for this organisation to send relief supplies directly from Jamaica to Mayaguana. For an island that, accord ing to Mr Moss, considers itself behind Gods back, it certainly did pretty well for itself. Of all the islands, it was the first to receive hurricane aid thanks to the work of NEMA and Mr Moss own government. Instead of complaining, Mr Moss, and the people of Mayaguana have much to be thankful for. Ed). EDITORIAL/LETTERS TO THE EDITOR PAGE 4, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE The Tribune Limited NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI Being Bound to Swear to The Dogmas of No Master LEON E. H. DUPUCH, Publisher/Editor 1903-1914 SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G., (Hon. Publisher/Editor 1919-1972 Contributing Editor 1972-1991 EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B. Publisher/Editor 1972Published Daily Monday to Saturday Shirley Street, P.O. Box N-3207, Nassau, Bahamas I nsurance Management Building., P.O. F-485, Freeport, Grand Bahama TELEPHONES S witchboard (News, Circulation and Advertising) 322-1986 A dvertising Manager (242 ACCORDING TO MICAL MP V Alfred Gray, Prime Minister Ingraham has corrupted himself by accepting the Aga Khans helicopter to tour the Bahamas hurricane damaged islands. According to Mr Gray, the Prime Minister, to protect his reputation, should instead have taken a plane, which Mr Gray claimed was available. Obviously, Mr Gray is completely unaware of the conditions in the islands, and is oblivious either by design or ignorance that an aircraft cannot effectively cover the same territory in such conditions. For example on Monday when four US Army Black Hawks landed at Odyssey Aviation because of bad weather, Prime Minister Ingraham was getting into the Aga Khans 12-passenger helicopter to fly to Abaco. According to Met Office reports that day, severe thunder and lightning storms were expected between 3 and 6pm, and persons were advised to stay indoors. The Black Hawks were in, the helicopter was out. By 9.45pm the Prime Minister and the press were back at Odyssey as lightening flashed and thunder rolled. The weather was not good, our son, who was on the trip, informed us. No aircraft could have covered the terri tory that the Prime Minister did that day. What aircraft could have hovered near roof tops, landed in settlements and islands to avoid flooded airstrips and fly below the thunderstorms that kept planes out of the air? On that day, the Prime Ministers party landed at Sandy Point, Moores Island, Coopers Town, Blackwood, Murphy Town, Trea sure Cay, Green Turtle Cay and Marsh Har bour. How could he have covered this dis tance in an aircraft? Where would the plane have landed and how many lost hours would it have taken to travel by car and ferry tothese settlements? Not only did the terrain make such a trip impossible, but he could have never made so many stops, seen so many people and got back to Nassau on the same night. In three days travelling by helicopter two days courtesy of the Aga Khan the Prime Minister has practically covered all of the stricken islands. Yesterday leaving at 8am and return ing at 9:30pm again in the Aga Khans helicopter, the Prime Minister flew to Crooked Island and Acklins, and touched down in Exuma to refuel. Because of the difficulty of getting fuel, the helicopter could not continue on to Mayaguana and so a Defence Force aircraft picked him up at Acklins, flew him to Mayaguana, then to San Salvador and back to Nassau. Mr Gray talks of an available aircraft that Mr Ingraham could have taken. We would like to know what aircraft he was talking about, because no one else seems to know about it. The PLP are sitting on the sidelines taking pot shots at a man who is getting the job done, a Bahamian sarcastically commented. They are just jealous because they cant get the Aga Khans helicopter or any other helicopter to get there. If they say a plane was available why didnt they take it themselves and make a contribution to help the people? Is the Aga Khan a man noted for his generosity and his philanthropic work to be treated like a pariah in this country, because he is digging a canal at his Bell island property for which he already has a permit, and does not have to depend upon Mr Ingraham to give him anything. The Aga Khan, whose Aga Khan Development Network has the environment in its portfolio, is unlikely to do anything that will damage the environs at Bell Island. The prince is prob ably more aware and concerned about protecting the environment than any PLP will ever be. Is this generous mans offer to help the people of the Bahamas in their hour of need to be turned down, because one Alfred Grey, who believes that the Prime Minister should take more time to walk and talk and touch and look in peoples eyes and see their hurt and pain, is now feigning concern for the Prime Ministers reputation? Mr Grey is sitting on the sidelines, playing the cheapest kind of politics and making himself and his party look ridiculous. In this hour of need we believe Mr Ingra ham is more interested in helping his fellow Bahamians than worrying about his repu tation hell leave that to Mr Gray. Mr Ingraham decided to take the most effective way to cover as many settlements as he could in the shortest possible time, so that supplies could be dispatched as quickly as possible. We are certain that the injured man in Cat Island, wasnt concerned about what helicopter flew him to Nassau for medical attention. Incidentally, it was not the Aga Khans helicopter, but that of an equally generous friend of the Bahamas all of this at no cost to the Bahamian taxpayer. Instead of saying thanks, Mr Grey wants to talk of corruption. While Mr Gray has announced that he intends to start an appeal for donations from lumber yards for assistance to rebuild homes, Mr Ingraham who is moving too fast for the snail-paced PLP has already arranged for supplies to be sent in for the rebuilding to start. If the PLP cannot do anything, they should at least have the decency to keep their mouths shut. Now is not the time to add politics to a peoples suffering. The disaster response in Mayaguana LETTERS letters@tribunemedia.net Alfred Gray worries about PMs reputation

PAGE 4

RESIDENTS of Cat Island and Acklins will be able to import building materials, farming and fishing equipment and vehicles duty free for six months as of today. Those in Long Cay, Mayaguana, Rum Cay, San Salvador, Inagua and Ragged Island will be able to apply for duty exemption on the same classification of goods for a 90day period. The announcement came in a declaration of exigency authorised by Finance Minister, Prime Minister Hubert Ingraham, to provide relief for the islands hardest hit by Hurricane Irene Cat Island and Acklins and other communities that suffered damage from the storm's passage. Residents of islands not included in the exigency order who suffered loss of propertyor hardship because of Irene can apply for duty exemption. Claims have to be approved by the National Emergency Management Agency (NEMA or the Department of Agriculture and Fisheries. Anyone found abusing or misusing goods imported under the declaration order will have their property seized and disposed of under Section 83 of the Customs Management Act. Irene tore through Cat Island and Acklins early last week and flattened houses, tore off roofs, and uprooted trees and utility poles. Storm surge from the tropical cyclone burst through walls and doors and washed away personal possessions, furniture and crops. Farmers in Eleuthera and Long Island also complained they lost valuable crops because of the storm. "We have been 100 per cent devastated by the storm. We lost the entire banana and plantain crops," Maurice Minnis, manager of the packing house on Long Island, told The Tribune earlier this week. Godfrey Deveaux, packing house manager for South Eleuthera, earlier said: "Some of my farmers so far have had severe damage to fruit trees. A lot of them were blown down, and they were loaded with fruits, avocados, oranges and stuff like that." LOCAL NEWS T HE TRIBUNE THURSDAY, SEPTEMBER 1, 2011, PAGE 5 %XWRIWKDWGDDQGKRXUQRRQHNQRZVQRWHYHQ WKHDQJHOVRIKHDYEXW)DWKHURQO\%XWDV WKHGDRI1RDKZHUVRDOVRZLOWKHFRPLQJRI WKH6RQRI0DQ)RUDVLQWKHGDEHIRUWKH WKH\ZHUHDWLQJDQGGULQNLQJPDUU\LQJ DQGJLYLQJLQPDUULDJHXQWLOWKHGDWKDW1RDK HQWHUHGWKHDQGGLGQRWNQRZXQWLOWKH FDPHDQGWRRNWKHPDODZD\VRDOVRZLOWKH FRPLQJRIWKH6RQRI0DQ7KHQWZRPHQZLO EHLQWKHRQHZLOEHWDNHQDQGWKHRWKHU OHIW7ZRZRPHQZLOEHJULQGLQJDWWKHPLORQH Z LOEHWDNHQDQGWKHRWKHUOHIW:DWFKWKHUHIRU IRU\RXGRQRWNQRZZKDWKRXU\RXU/RULV FRPLQJ%XWNQRZWKLVWKDWLWKHPDVWHURIWKH KRXVHKDGNQRZQZKDWKRXUWKHWKLHIZRXOG F KHZRXOGKDYZDWFKHGDQGQRWDOORZHG KLVKRXVHWREHEURNHQLQWR7KHUHIRU\RXDOVR EHUHDG\IRUWKH6RQRI0DQLVFRPLQJDWDQKRXU \RXGRQRWH[SHFW BUILDING MATERIALS ELECTRICAL FIXTURES AND MATERIALS PLUMBING FIXTURES AND MATERIALS HOUSEHOLD FURNITURE, FURNISHINGS AND APPLIANCES SUPPLIES FOR THE RECONSTRUCT ION AND REPAIR OF GREENHOUSES, INCLUDING PLANT SLEEVES, TIMERS, PLANT POTS AND SOILLESS GROWTH SUPPLIES FOR THE RECONSTRUCTION AND REPAIR TO POULTRY HOUSES SUPPLIES FOR THE RECONSTRUCTION AND REPAIR OF IRRIGATION SYSTEMS NURSERY STOCK FOR THE REESTABLISHMENT OF FRUIT ORCHARDS ITEMS REQUIRED FOR FENCING GALVANISED SHEETING/OTHER MATERIALS USED TO CONSTRUCT FISHING HABITATS FISHING BOATS FISHING GEAR CARS/TRUCKS MOTORCYCLES GOLF CARTS G OODS THAT QUALIFY FOR DUTY EXEMPTION SOME ITEMS DUTY FREE FOR CAT ISLAND, ACKLINS RESIDENTS 90 DAYEXEMPTIONPERIODFOLLOWINGHURRICANEDAMAGE CATISLAND sufferedd amage from Hurricane Irene.

PAGE 5

LOCAL NEWS PAGE 6, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE RESIDENT PROMOTION Adults 79$Kids 49$No reservations required, based on availability. For general inquiries call 363-6950.Aquaventure passes and lunch vouchers are available at the Discover Atlantis Desk in the Coral Towers. Proof of residency required for discounted rate.Includes: Complimentary Parking included with Package PurchaseLocated at the Atlantis Self Park Facility at the rear of the Craft CenterComplimentary Lunch Voucher Redeemable at express outlets onlyAccess to all Atlantis Pools, Slides and Rides August 20th September 4th ABACO A team of tourism officials toured areas of Abaco on Tuesd ay, finding that Hurricane Irene affected resorts to varying degrees but b eing assured by all prope rty owners that they w ould quickly recover from flood and wind dam-a ge. R onald Parker, general manager of the luxurious Abaco Club Ritz-Carlton in Cherokee Sound, said his crews were hard at work putting the property back in order. We are left with clean u p, he said. During the hurricane, we got a lot ofd ebris damage from lands caping, from some struc tural damage to some of our homes, to some of our common areas, to some ofo ur buildings, from signif icant beach erosion down to our beach. So we have a lot of clean up to do. T ourism officials, including Tourism Director Gen eral David Johnson,B ahamas Hotel Associat ion (BHA a rt Bowe, BHA Executive Vice President FrankC omito and Bahamas Out I slands Promotion Board President Shavonne Darville, met several crews conducting landscaping and other restoration work at the club. Mr Parker pointed out t hat damage to the prope rty was minimised because the hurricanec ame at a time of year w hen the resort scales back its operation. He believed his crews could repair damage quicklye nough to reopen for October 20 as was scheduled before Irene. Fortunately, being c losed, we were able to prevent a lot of further damage from happening b y closing up the club prio r to this particular hurri c ane, Mr Parker said. We closed on August 20.T he hurricane came t hrough on August 26. So we had already had a lot of plans in place to pre vent further damage from anything coming through the months of scale back. It is an example of where w e minimised our losses b y being proactive. Properties such as G reen Turtle Club that d ealt with flooding during the hurricane plan to reopen on October 21 their usual winter reopen i ng. TOURISM OFFICIALS GIVE ASSURANCES TO PROPERTY OWNERS AFTER HURRIC ANE T OURISM OFFICIALS w ith the restoration crew of The Abaco Club Ritz-Carlton on Tuesday. TOUROFABACOAFTERIRENE

PAGE 6

N E W st at i st i cs c o n fi rme d th a t t h e Ba h ama s i s e x pe ri en ci n g a f rig h t en i n g l ev el of s er ious cr im e, P LP deputy le ad e r Ph il ip Da vi s s ai d H e s a i d t h e n u m b e r s r e l e a s e d o n M o n d a y a n d c o v e r i n g t h e f i r s t s e v e n m onths of t he year s how the FN M go v er nme n t i s "i mp o t e n t a s f a r a s f i n d i n g so l u ti o n s t o t h i s t ro u bl i n g p ro b le m i s co n ce rn ed M r Dav is sa i d : "W h a t t h e f i g u r e s s h o w e d w a s t h a t cr i m e o v e r a l l i n c r e a s e d b y 16 pe r cen t co mpa red t o th e same pe ri o d l ast ye a r. I n d e e d t h e r e w e r e si g n if i ca nt i n cre a ses in p ra ct i ca l l y e v e r y a r e a o f s e r i o u s c r i m e m u r d e r r a p e at t e mp te d rap e a rmed ro b b ery ro bb e ry h o u se b rea k i n g st e a l i n g s t e a l i n g f ro m ve hi cle s an d sto l en ve h icl es. M u rd e rs w er e u p b y a n a stonis hing 5 7 per cent, from 54 fo r t he f irs t s e ven mon th s of 20 10 to 8 5 from J an uary 1 to Ju l y 31 2 01 1 "Of c o ur se, that f igur e h as s kyr ocke ted to 92 s inc e then, and m ay ver y well h ave con ti n u ed i ts u p wa rd sp ira l b y th e t ime t h is i s p rin t e d p o ssib l y su rp assi n g th e re co rd b r e a k i n g 9 4 m u r d e r s l a s t y e a r M r Da v is n o t ed th a t r ap e wa s u p b y 2 6 p er c en t f ro m 53 to 67 t his ye ar; att empt ed rap e in cr ea sed 1 1 p e r c en t f r o m 1 9 t o 2 1 ; r o b b e r i e s in cr ea se d 1 9 p er c en t f ro m 17 5 t o 20 8; a rme d ro b b eri es i n c r e a s e d b y 1 4 p e r c e n t fr om 4 59 t o 5 2 2; a t t emp t e d ro bb e ri es j u mp ed b y 3 8 p er c e n t f r o m 1 6 t o 2 2 ; a n d ho use br eaki ng wa s up 12 pe r c e n t "T he re wa s an ast ron o m i ca l 9 7 p e r c e n t i n c re a s e i n the ca t eg o r y of stealing fr o m ve h ic le s, fr om 7 0 5 t o 1 38 6, he ad d e d. Mr Da vis s aid the fact that t h e m u r d e r r a t e h a s in c re as ed e ac h y e ar d u ri n g t h e m o r e t h a n f o u r y e a r s t h a t t h e F N M h a s b e e n i n of f i ce i s "mi n d -b o g gl i n g. " An d a l th o u g h t h e FN M go v ern me nt c ol l ect i ve l y h as f a i l e d t o f i n d s o l u t i o n s f o r the c o un try's r u nawa y cr ime p r o b l e m c l e a r l y t h e b u c k s t ops, so t o speak wit h Min i s t e r o f N a t i o n a l S e c u r i t y T o m m y T u r n q u e s t M r Dav is sa id H e s a i d t h e mu rd e r ra t e r ising in each of t he f ir st t wo ye ar s o f t h e a dmi n i st rat i o n s h o u l d h a v e b e e n a r e d f l a g f o r P r i m e M i n i s t e r H ubert I n gr aham, indicating th a t a Ca bi n et resh u f fl e w as in or de r. s M r D a v i s a l s o c r i t i c i s e d t h e p e r f o r m a n c e o f M r I n g r a h a m a s M i n i s t e r o f F in ance an d Zh ivargo Lai ng a s M i n i s t e r o f S t a t e f o r F i n a n c e s a y i n g a s t r o n g c a s e c o u l d b e m a d e t h a t t h e i r f a i l u r e s h a v e c o n t r i b u t e d t o t h e h i g h c r i m e r a t e H e said: Unquestionably, t h e r e i s a c o r r e l a t i o n b e t w e e n h i g h u n e m p l o y men t a n d c rime A n d d e s p i t e r e c e n t c laims b y the D ep ar t m ent o f S t a t i s t i c s t h a t t h e n a t i o n a l unem ploym ent r ate dr o pped f r o m 1 4 2 p e r c e n t t o 1 3 7 pe r ce n t t h e re al i t y i s t h a t u n e m p l o y m e n t i n t h e Ba h a ma s i s p r o b a b l y a t i t s hi g h est l e ve l si n ce t h e go v e rn m e n t s t a rt e d c o mp i l i n g un e mp lo y me nt st at i st i cs. LOCAL NEWS THE TRIBUNE THURSDA Y SEPTEMBER 1, 201 1, P AGE 7 By DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net F RE E P O R T F i v e m e n w er e ar rai gned in t he Eight M il e Ro c k M a g is tra t e 's C o u rt in connect ion wit h an alter c a t i o n a t W e s t E n d t h a t resul ted in a 43-y ear-old ma n being seriously injured. A p p ea r in g be f o r e M a gi s t r a t e G w e n C l a u d e w e r e W e s t E n d r e s i d e n t s C h r i s t o p h e r L a i n g 2 5 ; G a r y L e w i s 2 5 ; Floyd Hamilton, 27; Garrick K L e w i s 3 8 ; a n d L e o n a r d Anderson, 41. Th e m e n pl e a de d n ot g u il t y t o t he c h a rg e o f c a u si n g g ri e v ous harm. The accused men were not represented by attorneys. T h e y w e r e e a c h g r a n t e d $15,000 b ail w i th eit her one or two sureties. The matter was adjourned to D ec em ber 8, 2 01 1 for trial F I VE M EN ARRAIGNED O N C H A R G E O F C A U S I N G GRIEVOUS HARM COUR T N EWS D A V I S : B A H A M A S E X P E R I E N C I N G F R I G H T E N I N G L E V E L O F C R I M E And although the FNM g ov er n ment collectivel y has f ailed to find solutions f or the countr y' s r una w a y cr ime prob lem, clearl y the buck stops, so to speak, with Minister of National Secur ity T ommy T ur nquest. Phillip Brave' Davis Calls on govt to find s o l u tio n s t o th e p r o b l e m

PAGE 7

LOCAL NEWS P AGE 8, THURSDA Y SEPTEMBER 1, 201 1 THE TRIBUNE T H E B a h a m a s N a t i o n a l Tr ust expr ess ed c oncer n f or B ahamia ns w ho suffered loss o f p r o p e r t y a n d p e r s o n a l b e l o n g i n g s i n t h e i s l a n d s affected by Hurr icane I rene as it t ra vel l ed t h e le ngt h of th e Bah ama s ch ai n, A ug us t 25 and 26. T h e B N T i s e s p e c i a l l y r e l i e v e d t h a t n o l i fe w a s l o st i n this dangerous storm. A cco r di n g t o Er i c Ca r ey, B NT executive director, the storm affected almost all the n a t i o n a l p a r k s w i t h t h e e x c e p t i o n o f t h e A n d r o s n a t i o n a l p a r k s w h i c h w e r e unaffected. Despite this, the parks suf fered min imal damage f rom Hurricane Irene. I n N e w P r o v i d e n c e T h e Retreat, headquarters of the BNT, suffered downed trees and palms but there was no d a m a g e t o b u i l d i n g s a n d p h y s ical structures. "S evera l fai rl y l ar ge tr ees h a v e u n f o rt u n a t e l y b e e n l o s t, reported Lynn Gape, deputy execu ti ve di re cto r, h owev er a l l o f t h e r a re p a l m s w i th s t o o d the storm and the palms that came down are salvageable." Trails T rai ls at Th e R etr eat will remain closed until the Trust has completed clean-up and r e s t o r a t i o n o f t h e d o w n e d trees and palms. B o a r d w a l k s a n d v i e w i n g pla tf or ms at Bon efi s h Po nd a n d H a r r o l d a n d W i l s o n P ond s n at io na l pa rks esc a pe d d a m a g e a n d t h e P r i m e v a l F ore st N a ti o na l Pa rk suf fe re d m i n i m a l i m p a c t f r o m t h e storm. In the Leon Levy Preserve in El eu t h er a ne wl y p l an t ed trees c ame down with lots of limbs and trees down on the paths. A l m o s t a l l o f t h e n e w l y p l an t e d d o wn e d t r e e s h a ve b e e n re e re c te d a n d re pl a n t e d a s p r e s e r v e s t a f f w o r k e d through the weekend to save t h e m S t a f f f r o m t h e L e v y Preserve showed great com munity spirit by assisting the c o m m u n i t y i n G o v e r n o r s H a r b o u r w i t h h u r r i c a n e c l e a nu p T h e y p r ov id e d a ss i stance to the Haynes Library, c ut ti n g u p a n d r em o v in g la r g e C a s u a r i n a t r e e s t h a t c a m e down in the storm. At t he Exuma Cays Land and Sea Park, Andrew Kriz, park administrator, reported little or no damage to build ings at the headquarters. All p a r k v e s s e l s s u r v i v e d t h e storm, but unfortunately the f u e l d o c k f o r t h e p a r k w a s badly damaged. I n agu a ex per i en ce d t r o pi cal s to r m f o r ce wi nd s of 40 mp h wi th g us t s of up t o 60 m p h A cc o r din g to G lenn Bannis t er, pas t p res i dent of the B N T, po nd m an ag e me nt pe rso nn el c h ec ke d th e e nti re sa lt e vaporator ne t w or k a nd did not see one dead bird. W ard en H en ry Ni xo n al so r e p o r t e d t h a t t h e s t o r m se eme d n ot to ha ve affe cte d t h e In a g u a s b i r d l i f e a d v e rs e l y I n A b ac o w ar d e n D av i d K n ow l e s i s c oo r d i n a ti n g w i t h C a r o line S taha la parrot bio logist who is just finishing up her field season on Abaco, a rapid assessment of the Aba c o N a t i o n a l P a r k a n d t h e i m m e d i a t e i m p a c t o n t h e Bahama Parrots. Ms St a ha la is b ei ng a ssis te d by deputy park warden Mar cus Davis. Ms Stahala 's initial r eport i n d ic a t e s th a t s he i s fa i rl y c on f i d e nt th e p op u l a ti o n s u rv i v e d t h e st o rm w i th m i n im u m m or tality. She was actively monito ring several nests prior to the pa s sage of Ir e ne and visited the nests after the storm and f ou n d th a t th e fl e dg l in g s w er e st ill a liv e a nd ge tti ng re ady to leave the nest. M s S tah ala wi ll b e p r epar ing a co mp re hen si ve ass es s m e n t t o p r o v i d e a b e t t e r und er s tan di ng o f th e ov er all im p ac t of t he s t o r m o n t he Ab aco P ar r ot po pu lat ion I n G ra nd Ba ham a, s ta ff at t he L u ca y an N at i o n al P a r k a n d R a n d N a t u r e C e n t r e re por t ed t hat al l was well at th eir l ocat ion s T h e r e w a s n o s t r u c t u r a l dama ge t o an y of th e bu il di n g s g a z e b o s a n d b o a r d w a l k s T her e wer e so me do wned t r e e s a t b o t h l o c a t i o n s b u t s taf f a re al re ad y ha rd a t w o rk clea nin g u p and t hes e lo cat i o n s w i l l n o t h a v e t o b e clos ed t o t he vis it in g p ubl ic. "T he BN T f eel s ver y f or t unate to hav e w ea the r e d th e s tor m w i th mi ni m al d am a ge s a i d N e i l M c K i n n e y B N T p r e s i d e n t A S T A TEM ENT BY TH E BAHAMAS N A TION A L TR UST N A T ION AL P AR K S A N D H U R R IC A N E IR E N E CLEANING UP: BNT volunteers pitch in to clear up The Retreat. T R E E DO WN : L e v y Pr e s e r v e s t a f f h elp Governor's Harbour comm u n i t y b y c l e a r i n g d o w n e d Casuarina.

PAGE 8

LOCAL NEWS T HE TRIBUNE THURSDAY, SEPTEMBER 1, 2011, PAGE 9 The Mercedes-Benz C-ClassYour most enjoyable drive ever.The Mercedes-Benz C-Class is a pleasure tobehold offering a new interpretation of driving pleasure. Its taut lines lend it an air of effortless superiority while the wide radiator grille and distinctive rear section announce a vehicle with a real presence and dynamic personality. Few cars can compete with its ability to adjust so many facets of its character from the interior to the drive technology so quickly and precisely in response toexternal conditions and your own particular needs. The key to this flexible response is the standard-fit Agility Control Package which includes selective damping. The interior offers noticeably more space and a more distinctive atmosphere tosuit your taste. As you will see, the C-Class is the perfect embodiment of the Mercedes-Benz philosophy.Tyreflex Star MotorsWulff Road, P. O. Box N 9123, Nassau, The Bahamas, Tel 242.325.4961 Fax 242.323.4667OUR PARTS DEPARTMENT IS FULLY STOCKED WITH EVERY COMPONENT NECESSARY TO ENSURE THAT YOUR MERCEDES RUNS TROUBLE FREE. TRAINED TECHNICIANS ON DUTY. www.rdicaribbean.com www.rdicaribbean.com ITS TIME TO MAKE YOUR DREAMS YOUR REALITY UKdistance learning from RDI Caribbean Low study costs, exible paymentsDevelop your career while studying Tutor and student support included Free membership of International Management Academy plus benets No attendance requirement. . PROGRAMMES OFFERED INCLUDEBachelors/Masters degrees in Business, Hospitality, Law, Computing and many more. CALL (toll free) 1 888 496 6173 TODAY TO FAST TRACK YOUR CAREERRDI Regional Oe : 27499 Riverview Center Boulevard Suite 111, Florida, USA 34134 Now recruiting for October intake A FTER years of intense study and the completion of a dissertation, Sergeant 2666 Chaswell Hanna of the Royal Bahamas Police Force has earned a Doctor of Education degree from Nova Southeastern University. He majored in organisational leadership with a minor in conflict resolution, and finished the prog ramme with a 4.0 GPA. D r Hannas dissertation focused on the subject of s chool crime and violence. He also holds a masters degree in criminal justice f rom the university of S outh Carolina; a bachel or of science degree in criminal justice and mili-t ary science from Northe rn Michigan University; and an associate of arts degree in law and criminal justice from the College of the Bahamas. The instructional cont ent of Dr Hannas doctorate was designed to c ultivate the leadership s kills needed in progress ive organisations. T hese include: strategic planning, informed decision making, policy drafting, creativity and innovation. Dr Hanna said the minor in conflict resolut ion has built his capacity in problem solving, medi ation and negotiation, asw ell as his ability to help f euding parties resolve c onflicts. A key part of his course focused on the ability toe valuate programmes and initiatives to determine whether they are working. When programmes are n ot achieving their goals, Dr Hanna said, his training will help him find workable and effective alternatives. Dr Hanna is the author of two studies that were i nspired by his experie nces as a homicide detect ive with the Central Detective Unit (CDU T he most recent one, r eleased earlier this year, was entitled: Reducing Murders in the Bahamas: A Strategic Plan Based onE mpirical Research. He has now embarked on several new research projects, on topics such as school-based policing, police use of force, and i mproving detection/conv iction rates. H e is currently posted at the Strategic Policy andP lanning Branch of the R BPF. Dr Hanna said he looks forward to putting his new skills to use in the fighta gainst crime. BAHAMAS POLICE SERGEANT EARNS DOCTOR OF EDUCATION DEGREE D EGREE: S ergeant 2666 Chaswell Hanna D ISSERTATION ONSCHOOLCRIMEANDVIOLENCE KILLINGTON, Vt. Associated Press SWOLLEN RIVERSbegan falling Wednesday in much of the Northeast, allowing relief crews to reach the last of the tiny Vermont towns that had been entirely cut off from help by Hurricane Irene's fast-moving floodwaters. The receding water eased the flooding that had paralyzed parts of the region and revealed more damage to homes, farms and businesses across the flood-scarred landscape. Repair estimates indicated that the storm would almost certainly rank among the nation's costliest natural disasters, despite packing a lighter punch than initially feared. Of the 11 towns that had been severed from the outside world, the final one to be reached by rescuers was tiny Wardsboro, a village of 850 residents in the Green Mountains. The community is little more than a post office and some houses standing along Route 100, a highway popular in the fall with tourists searching out autumn colors. Gov. Peter Shumlin said the previously isolated communities all have vehicle access now, though some require four-wheel drive to get there. The National Guard continued to ferry supplies to mountain towns that had no electricity, no telephone service and limited transportation in or out. Helicopters arrived with food, blankets, tarps and drinking water. SWOLLEN RIVERS BEGIN FALLING ACROSS NORTHEAST

PAGE 9

when commercial power goes d own, land lines and cellular sites use battery power. How ever if the commercial power i s down long enough the bat teries will lose power. The longer the commer c ial power is down the more the cellular sites will go offline, said Mr Johnson. W hile there are no restorat ion timelines, Mr Johnson said by the end of the week BTC hopes to have most oft hese problems solved and services restored to the major ity of customers. D uring a press conference yesterday, Mr Johnson announced that the telecom munications company will be d onating $250,000 to hurricane relief efforts and close to $2 million in phone service giveaways to customers. While it has not been confirmed where the money will be distributed, Mr Johnsons aid key stakeholders, mem bers of the civil community and the government will be consulted to determine where t he money will be best utilised. We are pleased to be among what we hope will be several commercial entities that will step up and con-t ribute, said Mr Johnson. The giveaways will mostly target the seven family islands hit hardest by Irene, said Mr Johnson, including Acklins, Crooked Island, Mayaguana,C at Island, Long Island, Abac o and Eleuthera. According to Mr Johnson, prepaid customers on those islands will have $30 credit added to their phone and 100 minutes to post-paid users to be utilised between the first and the eighth of this monthw ith free inter-island calls from land lines until the 15th. Mr Johnson said: BTC hopes it will provide some r elief to those hit hardest we recognise they are going t o be doing a lot of calling as they try to coordinate their own relief efforts. While not all islands were a s heavily affected, Mr Johnson said BTC understands the entire country felt the effects of Hurricane Irene. As a result, five dollars in credit will be given to all pre-paidc ustomers and all post-paid c ustomers were to receive 100 free minutes. LOCAL NEWS PAGE 10, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE a nd ex-special forces members, which p rovided personnel support and supplied the aircraft. Captain Stephen Russell, director of the National Emergency Management Agency (NEMA ing agency has had no dealings withH OPE. According to Capt Russell, no one f rom the HOPE Foundation contacted N EMA to coordinate their efforts, but he had heard of them, and was aware police detained one of their aircraft.H e encouraged the organisation to contact NEMA. Anyone who is doing relief operations in the Bahamas, and as far as we a re concerned, anyone who has a desire to do so, should contact NEMA and coordinate their efforts, said Capt R ussell. H e said NEMA conducts a backg round check on organisations it works with to ensure they do not have someu lterior motives. O fficials at the HOPE Foundation, on the other hand, claimed NEMA officials turned down their offer of sup-p ort, and were rude when inquiries were made about why their helicopter was detained in Cat Island. We offered to work with NEMA but they said they would get back to us. Apparently NEMA doesn't need helicopters. We offered them for free. We d id not ask for any money, but they t urned us down, said Darren Adler, director of the foundation. M r Adler further accused NEMA of stealing humanitarian aid from one of its helicopters, saying that as a result, i t has pulled its workers and supplies o ut of the country. Mr Adler claimed t he supplies were forcibly removed by defence force officers working forN EMA without explanation. When a government organisation steals your food and water, and when you call to inquire they slam the phone down on you, you have to say to yourself, I think this is not a good idea. This is not an environment that is conducive to give, so we are not able to w ork with the government, said Mr Adler. We offered, but the government c onfirmed they do not want to have a working relationship with us. That is a shame. To take food off our aircraft and put it in a warehouse, that is ridiculous. That is not normal in anywhere in the western world, he said. All of HOPEs helicopters have been r edeployed to the United States to a ssist in the relief efforts there, according to Mr Adler. He said the last time t he organisation had food forcibly taken off one of its aircraft was in Ethiopia at gun point, many, many y ears ago. They returned it after our aircraft l eft the country. That is when they decided to return it and said oops, wet hink it was a mistake, said Mr Adler. T he HOPE Foundation has operated in the Bahamas for several years. It formerly operated out of the private airport Odyssey Aviation Bahamas. Tribune sources claim Odyssey has not been affiliated with the company for about three years, and the two d id not part on good terms. Hurricane charity aircraft detained FROM page one Cell phone service issues continue one week after Hurricane Irene FROM page one BTC SPOKESMAN Marlon Johnson MASCOUTAH, Ill. Associated Press ENVIRONMENTALtests at an Air Force base in south ern Illinois failed to pinpoint what caused three people to fall sick while handling mail Wednesday, the Air Force said. Two workers for the U.S. Postal Service and an Air Force serviceman at Scott Air Force Base developed respira tory or skin reactions around 9 a.m. in reaction to something in the mail room, according to base commander Col. Michael Hornitschek. The incident led to the evacuation of parts of the facility. The Air Force issued a news release Wednesday night say ing that environmental tests turned up "nothing of signifi cance" at the mail center. Base spokeswoman Karen Petitt told The Associated Press that it's possible whatever sickened the three people had dissipated by the time tests were conducted. U.S. Postal Service inspec tors are continuing to investi gate the cause of the adverse reactions and the mail facility will remain closed Thursday, the Air Force said. "Our personnel are safe and the buildings in which they work have been declared safe and we will proceed with nor mal business tomorrow," Hor nitschek said in a statement. Hornitschek told reporters earlier that he didn't believe there was ever any threat to the local community and that it's possible the package could have been a "very benign shipment someone had sent (and that spilled or broke." However, he stopped short of assuring that it wasn't a deliberate act. INTERNATIONALNEWS TES TS TURN UP NOTHING AT ILLINOIS AIR F ORCE BASE

PAGE 10

WASHINGTON A ssociated Press WHITE HOUSE counterterrorism chief John Brennan said al-Qaida is "on a steady slide" after the death of alQaida's latest second-in-command in Pakistan. Brennan told The Associated P ress on Wednesday that it was a "huge blow" in the first official White House comment since Atiyah Abd al-Rahman's reported killing by CIA drone strike in Pakistan's tribal areas last week. "Al-Qaida is sort of on the ropes and taking a lot of shots to the body and the head," Brennan said. "This is a time not to step back and let them recover," a message he says he is sending to his counterparts in Pakistan. Islamabad's objections to drone strikes have become more strident since the U.S. raid that killed Osama bin Laden in May. Despite that friction, Bren nan said the relationship with Pakistan is improving. In a wide-ranging interview, Brennan credited aggressive U.S. action against militants from Pakistan to Yemen as the main reason U.S. intelligencehas detected no active terror plots before the 10th anniver sary of the Sept. 11, 2001 attacks. He described the counterter ror relationship with Pakistan, Yemen and Iraq as models of how the U.S. will fight al-Qaida in the future, in which the lion's share of the hunting and fight ing is done by the host nation.He said the U.S. was looking ahead to crafting a similar mod el in Afghanistan as U.S. troops draw down there, whereas in Iraq and Yemen, U.S. intelligence and special operations forces work with their counterparts, providing training, equip ment and sharing intelligence to track terror targets and keep them under pressure. "If they're worrying about their security ... they're going to have less time to plot and plan," Brennan said of the militants. "They're going to be constantly looking over their shoulder or up in the air or wherever, and it really has disrupted their operational cadence and ability to carry out attacks." He pointed to the killing of Al-Rahman as an example of how U.S. pressure is degrading the network. "There's no longer a management grooming program there. They don't stay in place long enough," Brennan said. Al-Rahman had barely assumed a leadership position since bin Laden's death pushed his deputy, Ayman al-Zawahri, into the top spot. Brennan d escribed Al-Rahman as a "workaholic" and an "operational mastermind" who main tained the connections between al-Qaida's nodes from Yemen to Europe. "Taking him out of commission is huge," Brennan said. "There's not another bin Laden out there. I don't know if there's another Atiyah Abd al-Rahman out there." Brennan said the key to keeping another Al-Rahman from rising is to keep constant pressure on all locations where al-Qaida operates, working through host countries to target a network of operatives that "are flowing sometimes back and forth" from Pakistan, Afghanistan, Iraq, Yemen and Somalia as well as parts of the African Sahel. He admitted that efforts to keep pressure applied across that network hit a "speed bump" when the "Arab Spring" swept U.S.-friendly governments, and counterterrorism personnel, out of office. He said in Egypt, however, U.S. contacts have been able to recover quickly following longtime President Hosni Mubarak's ouster this year. The counterterrorism relationship with Tunisia, where the Arab Spring movement began, also remains strong, he said. It is more of a struggle in Yemen, however, where Brennan said the continued uprising of Yemeni rebel tribes had slowed the fight against arguably the most dangerous bin Laden affiliate, Al-Qaida in the Arabian Peninsula. AQAP, as the affiliate is known, has grabbed large swaths of territory in the south, even trapping conventional Yemeni troops. The unrest has forced the U.S. to draw down the hundredplus military and intelligence personnel it had working with Yemeni counterterrorism forces. Those Yemeni forces, led by Yemeni President Ali A bdullah Saleh's sons, have been reluctant to leave the capital unguarded, even when a brigade of conventional Yemeni troops became trapped by alQaida in the Abyan region. U.S. forces had to airdrop food and water aid to the embattled unit, which was threatening to surrender. Bren nan says the U.S. has since persuaded the Yemenis to send enough forces their way to free them. Brennan said he has urged the country's vice president to send more troops into the fight. "This political tumult is ... leading them to be focused on their positioning for internal political purposes as opposed to doing all they can against AQAP," he said. Saleh, the president, still is recovering in Saudi Arabia from an assassination attempt, some 70 percent of his body burned and a lung pierced. While Brennan says Saudi Arabia would allow Saleh to return, he repeated the White House's earlier calls for Saleh to stay away and let new elections take place. "I've told him that I do not believe it's in his interests, Yemen's interests or our interests ... to go back to Yemen," Brennan said. He called Yemen a "tinder box" that could spark into a civil war that al-Qaida would take advantage of. LOCAL NEWS T HE TRIBUNE THURSDAY, SEPTEMBER 1, 2011, PAGE 11 me to come to her. I went in and she asked me to help her t o the bathroom, it was as if she was just waiting on me so she could leave. As we were walking through the (bathroom door, the next thing I knew she was in my arms. M rs Smiths death has taken an enorm ous toll on her family, which include five c hildren, whose ages range from seven to 24. Mrs Smith was the third of 11 children. According to family members, the news was especially devastating to Mrs Smiths 73-year-old mother, who lives onh urricane-hit Crooked Island. M r Smith explained how his wifes sudd en death also led to the discovery of a prior medical condition, which she had kept secret. just found out that she had recently suffered a minor heart attack about am onth or so ago. Her sister came forward a nd told me about it after she died, I guess she didnt want me to worry, said Mr Smith. Most cases of dengue fever are said to be self-limiting, meaning the disease resolves itself, on an average of four to five days. However, health officials have indicated that young children, infants under one year, patients with heart disease and the e lderly are the most at risk of dying from t he disease. The one thing I would say to the public is, once you see something unusual, sometimes you take things for granted, he said. Had I known about her problem int he past, I would have taken everything serious from then. P reliminary figures have shown a slight decrease in the number of cases, according to health officials. However, the number of persons arriving at hospitals and clinics was said to be influenced by hurricanea ctivities. Updated reports from public and private facilities have not been madea vailable. A decrease was also noted at the WalkIn Clinic, according to operations manager Dionisio Mycklewhite, who said traffic at Sandyport and Carmichael Road loca-t ions had slowed. At the Collins Avenue location, doctors claim dengue fever cases account for 50 per cent of patients. Mr Mycklewhite said: It had nothing to do with the hurricane, I guess its just slowing down. (In the past an everyday pressure, yesterday was heavy but today slow. So far its not a constant p ressure. S ince the outbreak, the clinic has referred seven people to hospital. Two-fifths of the worlds population are at risk of contracting dengue fever, according to the World Health Organisa-t ion, which noted that the global incidence of the disease has grown dramatically inr ecent decades.Officials maintain the most important element in the fight against the disease-carrying aedes aegypti mosquito is to remove standing water, which serves as a breeding site. T he destruction of breeding grounds ultimately disrupts the reproduction cycleo f the mosquito, which does not travel more than 100 metres from its breeding ground. Persons experiencing dengue fever-like symptoms are asked to call the hotline at 359-2929 to speak with a healthc are professional before visiting the Princess Margaret Hospital. b eing the first marine park started in the world. In 2010, Environment Minister Earl Deveaux, offered to resign after the story broke that he had accepted free transportation from Nassau to Abaco in a luxury helicopter owned by the Aga Khan, to attend a film screening with his wife and two friends before going on to Bell Island the following day to conduct a l and assessment. I t was also alleged that the Bahamas National Trust a ccepted a $1 million donation from the Aga Khan in 2009. Knowing all this, Mr Gray said, the Prime Minister should not have accepted a ride with Aga Khan, especially since there was another plane, with empty seats, travelling to Abaco the same day. It is a total conflict of interest, Mr Gray claimed. In h is opinion it was corruption at its best. A ccording to Mr Gray it gives people the impress ion that he is able to be bought and is in the pocket of private investors. By taking that ride, he is telling the public I dont care what you think, I am going to dow hatever I want to do. There was another plane the Prime Minster couldve gone on to Abaco, why he chose to go on the helicopter, I will never know. It brings to question the ethics of Mr Ingraham. T he 2007 manifesto for the Free National Movement (FNM highest standards of constitutional and personal cond uct. O ne of the rules it states is that ministers, "must a void accepting any gifts or hospitality, which might appear to compromise their judgment or place themu nder improper obligation." U nder the principles of ministerial conduct they are also bound to ensure, "no conflict arises or appears to a rise, between their public duties and their private interests." To Mr Gray this was an obvious conflict by the P rime Minister. He made his comments as a guest on The Morning Boil. T he MICAL MP also gave an estimate of how much it would cost to repair the homes in his constituency. In Acklins alone its in the area of $2.5 million. T here are 17 homes that were flattened, 42 that are severely damaged and 87 homes that are damaged. I nagua faired pretty well during the storm, the damage there is around three to four thousand. In Mayaguana, its going to be about $200 thousand. Crooked Islandw as not that impacted and Long Island needs about $60,000 worth of repairs. Mr Gray said he has started his plea for donations f rom lumber yards for assistance in rebuilding homes. He says the people in Acklins, while they need food and water, would prefer to have their homes rebuilt so they can start to rebuild their lives. MP ACCUSES PM OF ORRUPT PRACTICES FROM page one MOTHER-OF-FIVES DEATH PROMPTS DENGUE FEVER CONCERNS F ROM page one INTERNATIONALNEWS US COUNTERTERROR CHIEF: AL-QAIDA ON STEADY SLIDE WHITE HOUSE counterterrorism chief John Brennan. (AP

PAGE 11

$4. 68 $4. 51 $4. 69The information contained is from a third party and The Tribune can not be held responsible for errors and/or omission f rom the daily report.$ $5.55 $5.43 $5.38 T HETRIBUNE SECTIONB business@tribunemedia.netTHURSDAY, SEPTEMBER 1, 2011 B y NEIL HARTNELL Tribune Business Editor THEGovernment could recoup around 50 per cent of Hurricane I rene-related repair costs i f estimates of $90 million in insured losses and othe r factors hold true, a l eading businessman yest erday saying the Category Three storm could prove an economic stim u lus. While acknowledging that Irenes after-effects were a bit of a mixed b ag from an economic perspective, Arawak Homes chairman F ranklyn Wilson said that w ith between $0.20-$0.25 o f every $1 spent making its way back to the Public T reasury, the $90 million i n estimated insurance claims inflows could generate $18-$20 million inr evenues for the Government. If the Governments $37 million in Irene costs,a s estimated by the C aribbean Catastrophe Risk Insurance Facility,h eld true, Mr Wilson said t he Ingraham administration would effectively recoup between 48.6 per cent and 54 per cent ofi ts storm-related outlay. As chairman of RoyalStar Assurance we havea great amount of respect for our colleagues at Bahamas First, and if theyre quoting $90 mil l ion in total insured losse s, we believe what t heyre saying, Mr Wil son said, in relation to the By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net JUST 14 PER CENTof the Bahamas 280 licensed hotels have the ability to accept electronic room bookings any day of the week, the Minister of Tourism and Aviation yesterday saying that the lack of electronic infrastructure had limited tourist access to most small and mediumsized hotels. Vincent Vanderpool-Wallace, who was speaking at the opening of the first By NEIL HARTNELL Tribune Business Editor GETTINGbroker/deale rs or the Government to a ct as market makers for i nitial public offerings (IPO they have brought to mark et is a dream more than a r eality, RoyalFidelity Merchant Bank & Trusts presi-d ent has told Tribune Busin ess, as there is no profit in it. By NEIL HARTNELL Tribune Business Editor A LEADINGbusinessman yesterday said there was a m ajor, major need for policym aker intervention to counter t he level of consumer borrowing, warning that Bahamiansw ere increasingly putting thems elves into virtual slavery. Franklyn Wilson, chairman of the Sunshine Group of Companies and Arawak Homes, said growing numbers of Bahamians were turning to debt financing, chiefly consumer loans, to maintain their lifestyle and By NEIL HARTNELL T ribune Business Editor A REDUCTION in the Governments recurrent expenditure by 2-3 per cent during the 2011-2012 Budget year would have set thisn ation firmly on the path to r educe its debt-to-gross d omestic product (GDP by five percentage points over the next four years, an International Monetary Fund (IMFr evealed. T he paper, by Alejandro G uerson and Giovanni Melin a, entitled Public Debt Targeting: An application to the Caribbean urged the B ahamas and other regional nations to adopt a fiscal framework that attempted to smooth recurrent spending o ver the business cycle, and set a band range within which t he debt-to-GDP ratio would remain. Setting a five-year time p eriod, the IMF researchers examined the amount of recurrent spending reduction required in the 2011 Budget to keep the debt-to-GDP r atio below the thresholds s hown. For the Bahamas, a prim ary expenditure consolidation of around two to three percentage points of GDP in2 011 together with acyclical or moderately procyclical or countercyclical primary expenditure roles would be enough to maintain debt-toG DP in 2015 below the level p redicted for 2010 in 70 per cent of the simulated cases, t he IMF paper said. A 2-3 per cent consolidation in recurrent spendingw ould be a tall order to achieve, since this would involve cutting expenditure on the Governments fixed costs wages and rents by a sum ranging from $140-$240 million. This is based on 1 per c ent of Bahamian GDP being worth between $70-$80 million. The IMF researchers also estimated the Bahamas recurrent deficit, as a percentage of GDP, as standing at 3.9 per c ent in 2010, and the total national debt-to-GDP ration as being 65 per cent. In the absence of any action by the Government, theyf orecast that the Bahamas debt-to-GDP ratio would cont inue climbing over the next four years, expanding by a GOVERNMENT COULD RECOUP50 PER CENT O F IRENE COSTS JUST 14% OF LOCAL HOTELS HAVE ABILITYF OR E-BOOKING MAJOR NEED FOR CONSUMER LOAN INTERVENTION S EE page 7B MICHAELANDERSON MARKET MAKERS A DREAM, NOT REALITY RoyalFidelity chief says not enough profit to incentivise f irms to take up columnists suggestion Sees deepening capital markets, and increasing number o f investor participants, as way to solve liquidity woes Top businessman warns Bahamians borrowing t hemselves into virtual slavery Warns that middle class s hrinking, due to real income falls and family break-ups SEE page 4B Minister says 240 or Bahamas 280 licensed hotels operating in inferior way SEE page 7B M INISTER VINCENT VANDERPOOL-WALLACE Arawak Homes chair s ays impact not significant for T reasury, if $90m and $37m damages estimates hold true Says storm likely to create economic stimulus SEE page 4B IMF: 5% DEBT SLASH FROM SPENDING CUT Bahamas urged to adopt public debt targeting framework that reduces recurrent spending 2-3% Research paper says nations debt-to-GDP will hit 79% by 2015 if no action taken But would stabilise at 60% if consolidation plan used SEE page 9B

PAGE 12

BUSINESS PAGE 2B, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE By DEIDRE M. BASTIAN HAVEyou ever been stuck with the task of deciding whether to buy a MAC or a PC? Is it as difficult as choosing a lobster over a grouper? Well, the PC versus Mac debate has been dragging on for some time among graphic and web designers, with many threatening to switch from Windows to Mac. Why? Perhaps it is because a Mac seems easy to use and has that Wow factor? Not exactly, but if we are in search of the truth we can look at this question from many angles, factoring in things such as performance, stability, ease of use, price and expansion. But consider this: There are two types of users in the computer world, Mac and PC. And if the marketing is to be believed, one is a hip, sports coat and sneakers wearing type of guy who uses his computer for video chatting, music, creative pursuits and other cool things. Furthermore, Windows PC enthusiasts probably think the Mac guy is a smug slacker with an overpriced toy that cannot do any serious computing. Really? Funny thing is, this stereotype is wrong. With a 10 per cent market share, Macs are no longer just the computer choice of artists and unemployed writers. Apple is in fact the fourth largest computer manufacturer in the world. Well, someone had to say it and it is true. Granted, the guts of both platforms are remarkably similar, as they buy memory, hard drives and graphics cards. Microsoft may be the company everyone loves to hate, and many feel Mac computers are better not just because they are very sleek and clean but people usually dive into whatever seems more popular and fashionable without any sort of reasoning or logic. The underlying Mac and PC operating systems have distinctly different flavours. We know Macs are meant to be simple enough for even the Attention Deficit Disorder clan, but in terms of functionality we can still make a reasonable attempt to quantify them. If you had to pick one, which would you choose? Before you answer, check out the pros and cons of both systems below: MACINTOSH (PROS Macs offer the ability to run OSX and Windows. Both work great with other Apple products such as the iPhone, iPod Classic, iPod Nano, iPod Touch, iPod Shuffle, etc. Macs are easy to use once you know how to use them. Macs are less prone to computer viruses, although they can get still catch them. It would be wise to install an anti-virus software. Lots of great built-in programs, such as iMovie MACINTOSH (CONS The price. Macs come with a big price tag. There are few games for the Mac. Parts can only be pur chased through Apple. Yep, Macs crash just like PCs PERSONAL COMPUTER (PROS A PC can be built from the ground up, giving users the ability to customise them. PCs are cheaper. You can achieve the same processor amount of RAM and hard drive capacity much more cheaply with a PC. Moreover, there are many options when it comes to choosing a PC: Dell, HP, Gateway, and much more. With Mac, you have choices: MacBook, MacBook Pro, MacBook Air, Mac Mini, iMac, and Mac Pro etc. PCs have better software compatibility, meaning you can find almost any program for Windows. PCs generally have better backwards compatibility. You can run Windows 7 on a five year-old PC, but you cannot run Snow Leopard on a Power Mac G5. PCs are better for gaming, and have more compatible accessories than Macs. PCs are more upgrad able, and can be just as easy to use as a Mac. PERSONAL COMPUTER (CONS Spyware, viruses and adware galore. Not as "nice" looking as Macs. Ensure your air bags are always packed, as PCs crash all the time. Personally, I feel Apple has a very visual OS, while Win dows is more intuitive and log ical. For example, when you want to delete desktop shortcuts, you can just hit the delete key. Accordingly, if you wish to do this on a Mac, you need to drag the icon to the trash can. It makes a cool effect but it is so annoying. So... which of the athletes are the best? It all comes down to personal preference. I'm sure that's not what you wanted to hear, but both systems have great benefits. Some people think Mac is better, while some think PCs are better. It's all an opinion. However, I will give you my opinion. I like PC (Windows I've always been using it, and I am just in love with Windows. On Windows, clicking the X actually means you are closing the application (with a few exceptions). I still do not understand why this is not the case on OSX. Granted, it is not actually the OS itself, just the way the application works. And where is my right-click? Why cant Apple provide me with a mouse that has a rightclick by default? If you just want to get down to business, avoiding frustrating crashes and other annoying things that PCs do, then a Mac is the way to go. It's like a car; it is not necessary to know how it runs, you just need it to work and work efficiently? Although there are many small issues, I find they are all very restrictive, time consuming and unnecessary. Admittedly, you feel like you've been punished for being a PC user when the Mac whispers to you: Do it my way or it's the highway. Whereas a PC says: Just tell me want you want and I'll do it. In light of this, it is easy to see that people whose key need is to be productive and perceive the computer as a means to an end will probably be happiest with a Mac because of its quality default software, coupled with the lower risk of infection. People who might be happier with a PC are those who require a budget system, see the computer as a s ource of interest in and of itself, and enjoy upgrading hardware/ software on a regular basis to maintain a cutting edge. Ultimately, it is up to the user to choose the best system for the job. In other words, purchase what works for you but be mindful that it is not the brand or product name that dictates the outcome of the final product. It is the ingenuity, resourcefulness and cre ativity of the designer that resonates every time. Ask yourself: If you were a computer, which would you be a Mac or a PC? Until we meet again, have fun, enjoy your life and stay on top of your game. NB: The Columnist welcomes feedback at deedee2111@hotmail.com Ms Bastian is an extensively trained and qualified graphic designer, attaining MSc., BSc., ASc qualifications. She has trained at institutions such as Miami Lakes Technical Cen tre, Success Training College, College of the Bahamas, Nova Southeastern University, Learning Tree International, Langevine International and Synergy Bahamas. BASE COMPUTER CHOICE ON HORSES FOR COURSES A RTOF G RAPHIX DEIDRE BASTIAN ,QFRUSRUDWHGXQGHUWKH,QWHUQDWLRQDO %XVLQHVV&RPSDQLHV RIWKH&RPPRQZHDOWKRIKH%DKDPDV 5 HJLVWUDWLRQXPEHU 1RWLFHLVKHUHE\JLYHQWKDWWKHDERYHQDPHV &RPSDQ\KDVUHVFLQGHGLWVLQWHQWLRQWRZLQG XSDQGGLVVROYHG 9,1&+(1/,0,7(' DQG UHVROXWLRQRIWKH'LUHFWRUVZDVZLWK WKHRIFHRIWKH5HJLVWUDU*HQHUDORQ 6HSWHPEHU 'DWHGWKLVQGGD\RIHSWHPEHU 'DYLG*HRUJH-HQQHU /LTXLGDWRU

PAGE 13

BUSINESS T HE TRIBUNE THURSDAY, SEPTEMBER 1, 2011, PAGE 3B KERZNER INTERNA T IONAL, owner of Paradise Islands Atlantis and One & Only Ocean Club, was yesterday reported to be explor-ing the sale of its 50 per cent stake in its Atlantis, The Palm Resort in Dubai to raise cash and reach a settlement with holders of its $3.2 billion debt. The Wall Street Journal reported that Kerzner International was looking to raise money to restructure a $2.6billion mortgage debt, secured on its Bahamian properties, which coming due next week on September 9. It said Kerzner Interna t ional was in talks to sell the stake in the Atlantis, The Palm to Istithmar World, its partner, which is owned by the Dubai' government. Atlantis executives had repeatedly insisted that the talks with the debt holders are having no impact on the Paradise Island operations, and will be resolved without any impact for the company going forward. A rollover of the debt coming due, or some other form of negotiated settlement, is the most likely outcome. KERZNER IN TALKS TO SELL DUBAI STAKE Repor ts deal to r aise cash for settlement with debt holders ATLANTIS The Palm Resort in Dubai pictured at its opening. By NEIL HARTNELL Tribune Business Editor THE MINISTER OF TOURISMand Aviation yesterday described the Hurricane Irene-related closures of Bahamian hotels as kind of bittersweet, for while revenues and visitor count will be lost, their reputation for a high-quality visitor experience will be maintained. Explaining that the likes of Sandals Royal Bahamian and SuperClubs Breezes did not want to compromise the guest experience that high-end visitors had spent hundreds of dollars for, Vincent VanderpoolWallace said that the last thing we want is the reputation the Bahamas has in terms of a quality experience to be undermined. Its unfortunate that theyre closing, because we want to have the visitor count and revenues, but in the medium-termit maintains their reputation, and that of the Bahamas, for having a quality product, Mr Vanderpool-Wallace told Tribune Business. There have been some suggestions that Irene is being usedto enable some resorts to close, and eliminate losses they would otherwise incur during the slowest period of the tourism season, namely the September period. Yet there is no hard evidence to support this. The minister, though, added that during a tour of the Family Islands to assess Hurricane Irene-related damage, in every place hotel owners, operators and their staff were working to get their properties back into the best possible shape and provide the best guest experience. While there was no question that Hurricane Irene had cost the Bahamas tourism business, Mr Vanderpool-Wallace added: The good news is that like with 9/11 it happened in a month when many of those [Family Island] properties were closed for renovations anyway, so the loss of business was minimal because they were not operating in any event. Now, with hurricane-related repairs thrown in, many Bahamas-based resorts were doing more extensive renovations than planned, something the minister believes will leave them in a far better position going forward. Mr Vanderpool-Wallace said a tour of Cat Island resorts had revealed they were generally in much better shape than the Ministry of Tourism had been led to believe, with a similar situation on Harbour Island. Meanwhile, the minister also promised to address the complaints of straw vendors on Royal Caribbean Cruise Lines private island in the Berry Islands, Coco Cay. The vendors fear a loss of up to 75 per cent in revenues as a result of the cruise line opening up its own store on Coco Cay to sell Royal Caribbean-branded merchandise. I dont know the details of it, but I will certainly examine it, Mr Vanderpool-Wallace said. We certainly will address that. I know we have some meetings coming up with the cruise lines, including Royal Caribbean, so we will address that. One expert on the cruise industry, who requested anonymity, expressed doubts yesterday over the Governments ability to address the Coco Cay situation. They said the development was merely one more step in the cruise lines plans to ultimately control all the tours, excursions, attractions and retail amenities on their private islands, keeping all the revenues for themselves. The implications are very simple, the source said. Look at what weve lost in the last six-seven years in the sector. Weve lost 400-500 jobs, and the straw vendors are the last front line in the tourism business. When you get to them, you know the rest have been obliterated. Theyve [the cruise lines] got all they wanted, so they can keep all the money themselves. Theyre achieving their ultimate goal of controlling their own destinations, and are doing it at the Bahamian peoples expense. HOTEL CLOSURES BITTERSWEET Minister acknowledges loss, but says medium-term benefits from maintaining guest experience and Bahamas reputation To address straw vendors woes on Coco Cay

PAGE 14

Tribune Business report revealing this on Tuesdayt his week. If you put $90 million into this economy thats notc hicken feed. Thats a lot of s timulus....... When one looks at it this way, the Government can get a lot of that $37 million back. N oting that $0.20-$0.25 of every $1 spent ends up back in the Treasury, theS unshine Group of Compan ies chairman added: If $90 million in insurance c omes in, that will get c hanged to $18-$20 million from that sum, so the net effect [of Irene] will not bev ery significant for the Trea sury. And if the Govern ments spending $37 million, thats even more stimulus. E xpanding on this theme, Mr Wilson added: There are a lot of people who have earned money in the last several days, and who are likely to earn money, who a month ago had no reason tob elieve they would do so. A lot of shingles are d own, meaning carpenters and those with skills sets are earning money. Landscaping has been impacted, so the landscapers are earning money. Truckers collecting debris are earning money. There are a lot of peo ple who were dead in the water now earning money and who, a month ago, had no reason to anticipate that. Mr Wilson said Hurricane Irenes passage had also impacted the velocity of circulation of money in the Bahamian economy, meaning the frequency with which the same dollar changed hands. People spent money they had not planned to spend, and maybe should not have spent, but the additional velocity of money in the short run is another stimu lus, he added. While this might impact the spending plans of Bahamian consumers and businesses in the medium term, Mr Wilson added: In the short run, my view is that Irene is going to inject an economic stimulus. He told Tribune Business that the biggest negative from the storm had been the fallout for the private sector in terms of the Bahamas Electricity Corporations (BEC power to all areas of New Providence, while Cable Bahamas services had gone down for a while in others. However, Mr Wilson said this had opened some businesses eyes to the possibili ty of switching service provider from the Bahamas Telecommunications Company (BTC Bahamas and vice versa. a void falling out of the middle class. Describing this segment of Bahamian society as shrinking, Mr Wilson told Tribune Business this being caused by both shrinking r eal incomes, as wages failed t o keep pace with inflation, a nd increasing instability in the home as families split apart under economic pressures stemming from the recession. The need to rapidly c hange the pattern of cons umer borrowing in this country is enormous, Mr Wilson told Tribune Business yesterday. Theres a major, major need for policymaker intervention. We cannot continue this. Its putting people into virtual slavery. The businessmans concerns are again borne out by the Central Bank of the Bahamas monthly economi c and financial development r eport for July, which s howed that 34.3 per cent o r more than one-third of B ahamian dollar credit e xtended by the commercial banks was in the form of consumer loans. Some $2.121 billion, out of a total $6.485 billion in outstanding Bahamian dollar credit, is in the form of c onsumer loans and it appears to be the major growth area for commercial b ank lending. Collective c onsumer lending grew by $ 2.3 million in July, driving all such activity for them onth. M r Wilson said the combination of Hurricane Irene and the Back to School shopping season was likely to further stimulate cons umer loan demand. P ointing to his Sunshine F inance arm, which was established to help Bahamians sort out their financiala ffairs and pave the way for h ome ownership, Mr Wils on said that while the comp any had done virtually no billboard or visible advertising, per cent of peo-p le in this town know of it. If we wanted to put $50$100 million on the books tomorrow for consumer l ending, we could do it, he told Tribune Business. The bottom line point is this: T he middle class is shrinki ng. People are not doing t his borrowing because theyre trying to changet heir lifestyle,, or because they want to go for this or that; theyre trying to maint ain their lifestyle. Bahamians, Mr Wilson said, were not doing any-t hing differently, but three consecutive years of recess ion and anemic economic growth, coupled with high unemployment, and r educed incomes and living standards, were exacting an increasing toll. The problem is their real i ncome is shrinking for two r easons, the Arawak H omes chairman told Tribune Business. For those who have jobs, wages aren ot keeping pace with inflat ion. People who have had j obs for the last three years, i ts not the climate to ask for a raise. The second problem is f amily instability. As long as the two people in a relationship were both bringing income home, everything w as fine, but the recessions effects were beginning to fracture many marriages. Because of this downt urn and economic press ures, a lot of families are splintering, and thats mak-i ng a bad situation disas trous, Mr Wilson said. Theyve separated, and to m aintain the same quality of life they had when they were together after that sep-a ration is nearly impossible. But for a period of time t heyre in denial. The fact of the matter is that the process of adjustm ent means changing your lifestyle, and that is painful f or a lot of people, especially mothers. These economic pressures are seriously undermining family stability, with a ll the social implications. P eople in marriage couns elling tell me money problems have replaced adultery as the main reason for sep-a ration and divorce. T he Arawak Homes c hairman recalled a recent m eeting with a man who was solidly middle class, but whose electricity hadb een cut off by BEC. He and his family were used to sleeping with the AC on, and as a result the mans w ife, unable to sleep, had gone to live with her mother. Shes brought her whole f amily into her business with h er husband. Hows the marriage going to survive?M r Wilson asked. This is a very, very serious thing. I really believe p ublic policymakers need to think about a lot of stuff and, more than anythinge lse, this country has to come together and realise s ome problems are beyond the capacity of the Government in the short-run. All this is happening when the debt-to-GDP ratio i s in excess of 50 per cent, so what is government going to do? BUSINESS PAGE 4B, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE The Lion & Globe symbol and RBC are registered trademarks of Royal Bank of Canada. RBC FINCO is considering applications for Mortgage Specialist MORTGAGE CENTREThe successful candidate should possess the following qualifications: AICB or ABIFS Diploma or degree in Banking or a related field would be an asset Five or more years banking experience Previous experience in portfolio and liability administration would be an asset Key Skills: Strong Negotiating/Selling Skills Leadership & Coaching Relationship B uilding Impact and Influence Ability to manage multiple priorities Demonstrated written and verbal communication skills Proficiency in Microsoft Office Ability to make sound credit analysis Responsibilities include: Contributing to meeting team sales plans by acquiring and growing profitable client relationships Providing customized solutions and financial advice designed to satisfy the clients long-term goals on obtaining a mortgage Seeking out new clients by developing relationships within the community and local centres of influence Enhancing the experience of existing clients by providing accessibility and one-on-one advice and valuable information on the intricacies of having a mortgage Successfully anchoring clients with the appropriate delivery channel within RBC Royal Bank (Bahamas) Limited A competitive compensation package (base salary & bonus) will be commensurate with relevant experience and qualifications. Please apply by September 2, 2011 : Assistant Manager Recruitment & Employee Development Human Resources Bahamas Regional Office RBC Royal Bank (Bahamas) Limited P.O. Box N-7549 Nassau, N.P., Bahamas Via fax: (242 Via email: bahcayjp@rbc.com +$ 029(' 7 K H /DZRIFHVRI 0HVVUV-RKQVRQ+DVVDQt&R KDVUHORFDWHGWR U OH\DUN$YHQXH R IIKLUOH\WUHHW 1DVVDX7KH%DKDPDV & RUQHURQOHIWDIWHU 6DFUHG+HDUW&DWKROLF&KXUFK WK%XLOGLQJ/HIW $ IWHU%XGJHWHQW$&DU 7 HOHSK R QH ) )DOOHVVLRQHJLVWUDWLRQ J 6DWXUGD\UGHSWHPEHU 6RXWK%HDFKRROV(DVWWUHHWRXWK /HDUQWRZLP &RPSHWLWLYHDQGWQHVVIRUDJHV \UVWRDGXOWV FROM page one GOVERNMENT COULD RECOUP 50 PER CENT OF IRENE COSTS MAJOR NEED FOR CONSUMER LOAN INTERVENTION FROM page one

PAGE 15

NEW YORK Associated Press AN UNPRECEDENTED deal that gives Russia's statecontrolled oil company partownership of U.S. oil fields is unlikely to be scuttled by American political or national security concerns for a simple reason: Russia doesn't need the oil. In the deal between ExxonMobil and Rosneft, announced Tuesday, Exxon will spend $3.2 billion to help Rosneft explore offshore oil fields in the Russian Arctic and elsewhere in Russia. In return, Rosneft will have the option to acquire parts of oil projects in Texas and the Gulf of Mexico, where Rosneft can learn drilling techniques that Exxon has perfected to tap hard-to-reach oil. It would be the first time Russia would own parts of U.S. oil fields. Experts say regulators and lawmakers will likely scrutinize the deal, but not block it. That's because Rosneft almost certainly won't be offered a majority stake in U.S. fields. Although specifics have not yet been negotiated, Exxon would control the projects, and apply for drilling licenses from U.S. regulators. And, importantly, Russian isn't thirsty for U.S. oil. It's the world's second-biggest exporter of crude. The oil produced in the U.S. by Exxon and Rosneft would stay here because Amer ica needs all the oil it produces_and much more. Deals with foreign countries that raise security issues can be reviewed by a secretive body chaired by the Treasury Department with representatives from other agencies. The Committeeon Foreign Investment in the U.S. can then block or require changes to agreements that are deemed threats to security. This deal probably won't qualify as a threat, experts say. "It is highly doubtful they'd scuttle the deal," says Nova Daly, a consultant with the Wiley Rein law firm and a former Treasury official who oversaw the committee. Christopher Wall, an attor ney who participated in CFIUS reviews as a Commerce Department official in the George W. Bush administration, says the committee has investigated some Russian investments in U.S. coal mines but hasn't interfered in those deals. Also, regulators haven't blocked a string of recent deals involving foreign oil and gas companies hoping to learn from U.S. companies how to access oil and natural gas trapped in shale formations. Norway's Statoil and France's Total and, most recently, China's CNOOC have invested billions in of dollars in in U.S. shale fields in several states. China, unlike Russia, is a big oil consumer and desperate for new supplies to fuel its econo my. Its recent shale deals were allowed by lawmakers because CNOOC is a minority partner in these agreements. Also, like in the Rosneft deal, oil and gas produced by the fields is needed in the U.S. It wouldn't make e conomic sense to ship the oil to China. By contrast, lawmakers threatened to block CNOOC's effort to buy the American oil company Unocal Corp. in 2005. CNOOC eventually withdrew its offer. Rep. Ed Markey, a Massa c husetts Democrat on the House Natural Resources Committee, raised objections when BP agreed to a stock swap with Rosneft earlier this year. That deal would have given the company a 5 percent stake in BP. Eben Burnham-Snyder, Markey's spokesman, saidW ednesday that the congress man's office is looking into the Exxon-Rosneft deal. But he said the deal doesn't appear to involve the same ownership issues that were involved in the BP-Rosneft stock swap. The deal is a risk for Exxon, not U.S. security, experts say. E xploring the Arctic is going to be difficult, expensive, and will raise environmental concerns. And deals with Russian companies can be treacherous. Russia's oil and gas giants are controlled by the Russian gov ernment, and past deals have fallen prey to politics. "Russia is notorious for signing deals and playing nice when oil prices are low or declining, but when oil prices go back up they don't play as nice," says Sarah Ladislaw, a senior fellow in the Energy and National Security Program at the Center for Strategic & International Studies in Washington. Rosneft has been searching for a deep-pocketed partner with technical expertise to help develop oil projects in the Arc tic for years. The company was said to be in talks with Shell, though the Exxon deal likely means those talks are over. Rosneft reached a deal earlier this year with BP, only to have it fall apart. BP was unable to get out of a deal it had already signed with another Russian partner. Big oil companies such as Exxon, Chevron, BP and Shell are struggling to find new oil to replace the billions of barrels they produce every day. Most of the world's oil is owned by state oil companies in the Midd le East, Africa and South America. This is forcing investor-owned oil companies to look for and drill for oil in places that are increasingly harder to reach and more expensive to develop. They have ventured into even deeper waters in places such ast he Gulf of Mexico and off of Northern Brazil. Now they are pushing into the Arctic. "Exxon has to go not where they want to be, but where they have to be," says Larry Goldstein, a director of the Energy Policy Research Foundation, an industry research group basedi n Washington. If the Exxon-Rosneft part nership is successful the companies will bring huge new supplies of oil to the global market and push oil and gasoline prices lower than they would otherwise be_another big reason law makers might not try to blockt he deal. "It would be good for the global supply of oil," says Fadel Gheit, an oil analyst at Oppenheimer & Co. BUSINESS T HE TRIBUNE THURSDAY, SEPTEMBER 1, 2011, PAGE 5B By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE MINISTER of Tourism and Aviation, Vincent Vanderpool-Wallace, said yesterday that the impact of Hurricane Irene had f orced many hotel properties to a ccelerate their renovation plans. We had a great opportunity to r eally go and see first hand on Eleuthera and Cat Island how the properties were doing, because we had heard some reports and, when we got there, the owners were there and said they didnt know where those reports came from, M r Vanderpool-Wallace said. Except for some delay from o pening for cosmetic stuff, generally speaking properties are in much better shape than we thougha the beginning. In the Family Islands the good thing is many of the properties would have been closed anyway for renovation. Some of them saw that as an acceleration of their plans. Some of them were thinking they werent going to do anything until next year. Now theyre agreeing to do it n ow. So we think the properties a re going to come out further ahead than they have ever have been as a result of what has happened. Frank Comito, executive vicepresident of the Bahamas Hotel Association, told Tribune Business: We have been to Cat Island, Harbour Island and Eleuthera in the past two days, as well as Abaco and the cays. There are some hotels that have h ad a little bit more moderate types o f damage, which requires a bit m ore. Other than that, its cosmetic work. We are encouraged that the Government has put in for the hardest hit areas some Customs duty exemptions that will stimulate some upgrades in investments, a nd well be getting the word out to encourage as much of that as possible. Typically this time of the year, particularly in the Family Islands, t he small hotels will close down for a month and a half or so, and that d own period is when they do some of their maintenance upgrades and so on. With the recession the past couple years its been difficult to put a lot of money in that, but the hurricane may prompt some additiona l investments in those areas. IRENE STIMULATES HOTEL UPGRADES A PERSONALbanking officer at Scotiabank (Bahamas has completed the Canadian Securities Course (CSC s au-based Securities Training Institute ( STI). Ms Albury, STIs course administrat or, said: STI provides students with the necessary tools to effectively prepare for t he CSC exam, and obtain this highlyrespected international qualification. SCOTIABANK OFFICER PASSES KEY EXAM SOWETO R. ROLLE EXXON-RUSSIA OIL DEAL UNLIKELY TO RAISE CONCERNS RUSSIAN PRIME MINISTER Vladimir Putin, center right, and Rex Tillerson, ExxonMobil's chief executive, obscured center left, smile a s Rosneft's chief executive Eduard Khadainatov, right, and Exxon Mobil's President Neil Duffin shake hands during a signing ceremony in the Black Sea resort of Sochi, Russia, Tuesday. (AP

PAGE 16

PAGE 6B, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE THURSDAY, SEPTEMBER 1, 2011, PAGE 7B r egional seminar on small and medium-sized tourism enterprises, said: When we look at the Bahamas, we have 280 licensed hotels. In a world that is moving very rapidly towards electronics, at only about 40 can you book electronically any day of the week. So you have 240 hotels that are operating in a way that is substantially inferior to what is expected today So when we are out promoting our destination and our countr y, we have to find some ways to bring those smaller properties into the fold. s very important we do that. If you take a look at the occupancy levels of pr oper ties within the Caribbean and, indeed, within the Bahamas, the occupancy rates of the smaller pr operties, the ones we want to suppor t, ar e substantially lower than those of the larger properties that have market access. Mr V anderpool-W allace added that without an ebooking infrastr ucture, many smaller tourism enter prises will under perform. He said: The electronic infrastructure will enable anyone who has an interest in going to some of these small pr oper ties to book it online and get there easily. Mr Vanderpool-Wallace added that the same was true for access to domestic airlines. W e have eight domestic scheduled airlines that are, by and large, invisible in terms of making reservations in the rest of the world, so another piece of infrastr uctur e is to make sur e that if someone is sit ting anywhere on the planet and has an Internet connection to any one of these islands, that they can get there very easily electronically , he said. So once you can book electronically for the proper ty you are interested in, we would have made a substantial leap forward in ter ms of enabling the peo ple who rely on that to be far mor e successful. When we begin to do that, the flow of foreign exchange, the suppor t we would be able to give the smaller pr operties, would be more substantial. The Ministry of Tourisms sustainable tourism department, together with the Latin American and Caribbean Economic System (SELA Caribbean Community (CARICOM Regional Seminar onT ourism: Small and Medium-Sized Enterprises (SMEsourism Development in the Caribbean Region. The overall objectives of the seminar ar e to have r egional exper ts shar e their experiences of Caribbean tourism SMEs and the challenges that ar e encountered in maintaining their competitive edge in a global envir onment. The two-day seminar will analyse tourism trends from a r egional and global perspective, and provide an opportunity for Bahamian tourism-r elated SMEs to discuss some of the impediments to their competitive ness. While acknowledging that low liquidity levels in the Bahamian equities market were preventing retail investors from easily existing their investments, Michael Anderson said there was not enough reward to incentivise investment banks and broker/dealers into playing this role. Rather than have these companies act as purchasers of last resort, the RoyalFidelity p resident suggested that the way to overcome the lack of liquidity was to broaden and deepen the Bahamian equities market b y expanding shareholder bases and the n umber of active trading participants. H e was responding to Tribune Business columnist Richard Coulson, who in anA ugust 23 article urged Bahamian retail i nvestors to avoid both the $37 million Bahamas Telecommunications Company (BTC million Arawak Cay port offering, unless either their financial advisers/placement agents or the Government committed to act as market makers. I n this role, they would buy shares when retail investors were unable to find a purchaser on the Bahamas I nternational Securities Exchanges (BISX a nd price support. Theyre all nice to bes, Mr A nderson said in response to the suggestions in Mr Coulsons column. It would be great if those arrangements were put i n place, but its a dream more than a reality. In this small market, youre never going to have people picking up and putting money behind the deal. The nature of the market is never going to reward people for that taking the risk, puttingu p the capital, and acting as purchaser of last resort. Its not a realistic assumption. er e not a trading market, wer e an i nvestment market. Its just not realistic. It [market makers] is not where we are at the moment, and it s not going to change in the near ter m. This reflects that most B ahamian investors buy and hold their s ecurities investments, rather than look ing to actively trade them. Mr Anderson told Tribune Business t hat RoyalFidelity got out of the market making business six years ago because there was no profit in it. If you took BISX prices, why would y ou ever do it? You cant price the risk into the transaction. For market makers, the deal could go one way or anoth er, depending on which way listed stocks moved, and there was too much risk and uncer tainty involved as to whether they would ultimately make a profit. T he RoyalFidelity pr esident added that the investment bank had played the market maker r ole prior to the creation of the formalised BISX market structure, when the Bahamian securities market was an over-the-counter model, because people were doing it at the price they wanted to do it. Meanwhile, Mr Anderson hinted that Mr Coulson s views could be self-defeating. By warning retail investors against buying into the upcoming IPOs, the Royal Fidelity president indicated the article a cted against the very deepening and b roadening of the Bahamian capital mark ets something he sees as essential to c uring the liquidity ills. At this stage of the markets developm ent, it is kind of limited in that there is not enough liquidity, and people take longer than theyd like to get out of secu rities, Mr Anderson conceded to Tribune Business. But unless mor e people participate, the market will not have enough investors t o grow and give it depth....... In the equities market generally we need more participants rather than less. H e added of Mr Coulsons market m aker pr oposal: While that would be a nice thing to have, its unrealistic to expect it to happen. If that s what were waiting for it s never going to happen..... What we need to do is give more depth to the market, mor e buyers and sellers, and a more broader shareholder base.T he br oader the base, the more activity t her e will be in the buying and selling of shares. Mr Anderson said the two BISX-listed companies with the lar gest public flota t ions, Commonwealth Bank and Cable Bahamas, typically saw the greatest stock trading activity This ties-in to the fact t hat many Bahamian public companies ar e controlled by one majority, or controlling gr o up, of shareholders who typically hang on to their investment. As a r esult, a l imited percentage of shares are in the h ands of Bahamian institutional and retail investors, which in tur n r e stricts the level of trading activity The bigger shar eholder bases see a fair amount of activity, and the smaller bases less, Mr Anderson said. W e have to get m or e participants and more liquidity The RoyalFidelity pr esident also urged Bahamian investors to buy on quality, in terms of the upcoming IPOs and shares on offer, rather than just look at the dividends or getting funds for Back to School. FROM page one JUS T 14% OF LOCAL HOTELS HAVE ABILITY FOR E-BOOKING Market makers a dream more than a reality I I n n t t h h i i s s s s m m a a l l l l m m a a r r k k e e t t , y y o o u u r r e e n n e e v v e e r r g g o o i i n n g g t t o o h h a a v v e e p p e e o o p p l l e e p p i i c c k k i i n n g g u u p p a a n n d d p p u u t t t t i i n n g g m m o o n n e e y y b b e e h h i i n n d d t t h h e e d d e e a a l l . T T h h e e n n a a t t u u r r e e o o f f t t h h e e m m a a r r k k e e t t i i s s n n e e v v e e r r g g o o i i n n g g t t o o r r e e w w a a r r d d p p e e o o p p l l e e f f o o r r t t h h a a t t t t a a k k i i n n g g t t h h e e r r i i s s k k , p p u u t t t t i i n n g g u u p p t t h h e e c c a a p p i i t t a a l l , a a n n d d a a c c t t i i n n g g a a s s p p u u r r c c h h a a s s e e r r o o f f l l a a s s t t r r e e s s o o r r t t . I I t t s s n n o o t t a a r r e e a a l l i i s s t t i i c c a a s s s s u u m m p p t t i i o o n n . RoyalFidelity Merchant Bank & Trust president Michael Anderson FROM page one

PAGE 17

WASHINGTON Associated Press THE JUSTICE DEPARTMENTtook the unusual step Wednesday to try to block AT&T's $39 billion purchase of T-Mobile USA, arguing that the proposed merger would lead to higher wireless prices, less innovation and fewer choices for consumers. Now AT&T, the nation's No. 2 wireless carrier, and No. 4 TMobile are plotting a legal response to challenge federal regulators. In its civil antitrust lawsuit, the Justice Department said the merger would stifle competition in the wireless industry. The deal, which is still under review at the Federal Communications Commission, would catapult AT&T past Verizon Wireless to become the nation's largest wireless carrier, leaving Sprint Nextel as a distant third-place player and certain to struggle. AT&T quickly signaled that it won't abandon the transaction, leading to expectations of a fierce court battle. AT&T has several incentives to take up a legal fight with regulators. In court, the burden is on the Justice Department not AT&T to show that the combination would harm competition. If the deal doesn't go through, the company will be forced to pay T-Mobile a $3 billion break-up fee and give it some wireless spectrum rights. AT&T said it will ask for an expedited court hearing "so the enormous benefits of this merger can be fully reviewed." In a statement, T-Mobile's owner, the German company Deutsche Telekom, said it is disappointed by the Justice Department's action and "will join AT&T in defending the contemplated merger." The companies could wage a strong defense in court. Morgan Reed, executive director of the trade group, Association for Competitive Technology, said AT&T has at least one key fact on its side: Deutsche Telekom has said it does not plan to continue to invest in upgrading the T-Mobile network to deliver faster wireless. That means, "T-Mobile is not a competitor anymore," Reed said. "T-Mobile has already stepped away from the table," Reed noted. "We're at three nationwide wireless carriers no matter what." The association, which represents more than 3,000 small and independent application developers, believes the merger would benefit the wireless broadband industry. In addition, the Justice Department lawsuit portrays TMobile as having been a strong competitor in the past, but merger analysis is forward looking, said Washington attorney Robert Bell, who has represented clients in mergers for over 25 years. "To the extent AT&T can show there's good reason to believe that T-Mobile is going to be a very different kind of competitor in the future for example, weaker financially, less innovative then the lawsuit becomes quite a bit different," Bell said. University of Notre Dame law professor Joseph Bauer said he was "pleasantly surprised" by the Justice Department's chal lenge of the deal because it has become so rare for the antitrust regulators to block major merg ers during the past decade. During a news conference, Deputy Attorney General James Cole said the merger would result in "tens of millions of consumers all across the United States facing higher prices, fewer choices and lower quality products for mobile wireless services." T-Mobile has been an important source of competition, including through innovation and quality enhancements such as the roll-out of the first nationwide high-speed data network, according to Sharis Pozen, acting chief of Justice's antitrust division. AT&T and T-Mobile compete nationwide, in 97 of the largest 100 cellular marketing areas, according to the suit filed in U.S. District Court in Washington. They also vie for business and government customers. The lawsuit says the acquisition would eliminate a company that has boosted competition with low pricing and innovation. T-Mobile had the first handset using the Android operating system, Blackberry wireless email, the Sidekick smart phone, national Wi-Fi "hotspot" access and a variety of unlimited service plans. In a statement, Sprint said the Justice Department's lawsuit "delivered a decisive victory for consumers, competition and our country. By filing suit to block AT&T's proposed takeover of T-Mobile, the DOJ has put consumers' interests first." Federal Communications Commission chairman Julius Genachowski said the record before his agency "raises serious concerns about the impact of the proposed transaction on competition." Although the FCC's separate review of the proposed merger is still ongoing, the agency has never approved a significant merger that is being challenged by the Justice Department. Commission member Michael Copps, a Democrat and a staunch opponent of industry consolidation, said he shares "the concerns about competition and have numerous other concerns about the public interest effects of the proposed transaction, including consumer choice and innovation." Democratic Sen. Herb Kohl of Wisconsin, who heads the Senate Judiciary subcommittee on antitrust, competition policy and consumer rights, said the suit was an effort to protect consumers "in a powerful and growing industry that reaches virtually every American." The lawsuit used some of TMobile's own documents describing its role in the market to explain why the merger shouldn't take place. In those documents, the company calls itself "the No. 1 challenger of the established big guys in the market and as well positioned in a consolidated 4-player national market." T-Mobile said its strategy is to attack other companies and find innovative ways to overcome the fact that it is a smaller company. T-Mobile "will be faster, more agile and scrappy, with diligence on decisions and costs both big and small," one company document said. "Our approach to market will not be conventional, and we will push to the boundaries where possible." Since AT&T first announced the deal in March, it has insisted that consumers would have a choice of multiple wireless providers, including Leap, Metro PCS and U.S. Cellular, in many markets even if the deal is approved. The Justice Department rejected that argument. It said regional providers face "significant competitive limitations" because they do not have national networks. The department said the enormous investments and resources needed to acquire wireless spectrum and build a network make it very difficult for new companies to enter the wireless market. AT&T and T-Mobile also have said the merger would reduce dropped and blocked calls, and speed mobile Internet connections for subscribers. Faster service would result by combining their limited wireless spectrum holdings at a time when both companies are run ning out of airwaves to handle mobile apps, online video and other bandwidth-hungry ser vices. BUSINESS PAGE 8B, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE GOVERNMENT SUES TO BLOCK AT&T, T-MOBILE MERGER

PAGE 18

WASHINGTON A ssociated Press U .S. FACTORY ORDERS rose strongly in July on the biggest jump in demand for autos in more than eight years and a surge in commercial airplaneo rders. The increase sugg ests supply chain disruptions created by the Japan crisis are easing. Factory orders climbed 2.4 percent, the largest increase since March, the C ommerce Department r eported Wednesday. O rders for motor vehicles and parts rose 9.8 percent, the largest one-month gain since January 2003. T he increase followed a d ecline of 0.4 percent in J une, one of several reports t hat stoked fears the count ry could fall back into a r ecession. Wall Street appeared encouraged by the betterthan-expected report. The Dow Jones industrial average rose more than 50 points Wednesday. E conomists at RDQ Economics said the July gain suggests manufacturing will grow modestly. Manufacturing has been one of the leading sectorss ince the recession officially ended two years ago. But higher energy prices and a parts shortage caused by the Japanese natural disasters slowed activity this spring. The July report showed p ockets of lingering weakn ess. A key category that t racks business investment plans declined 0.9 percent in July. That followed a 0.8 percent rise in the previous month. Excluding the volatile transportation categories, o rders rose a more modest 0 .9 percent in July, still the b est showing for this category since March. The report showed that orders for durable goods, products expected to last at least three years, rose 4.1 percent in June, slightly bett er than the 4 percent i ncrease shown in a preliminary estimate last week. O rders for nondurable g oods, products such as chemicals, paper and food, were up 1 percent in July after a much smaller 0.2 percent increase in June. The overall increase p ushed total orders to $453.2 billion, up 33.8 percent from the recession low hit in March 2009. The economy grew at an annual rate of just 0.7 percent in the first six months o f this year, the weakest p erformance since the r ecession ended two years ago. Markets became more turbulent over the last month as Europe's debt crisis intensified and U.S. lawmakers fought over increase t he nation's debt limit. The p rolonged debate over the d ebt ceiling led Standard & Poor's to lower its rating on U.S. long-term debt for the first time in history. A handful of reports showed that growth picked up at the start July-Septemb er quarter. In July, cons umer spending rose by the most in five months and the e conomy created twice the n umber of jobs as in each of the previous two months. Still, consumer confidence in the economy plunged in August to a two-year low, according to a report Tues-d ay from the Conference Board. Many economists have been lowering their estimates for growth in the second half of this year. Somea re forecasting growth at around 1 percent, only slightly better than the first six months and far below the pace needed to make a significant on unemploy-m ent. BUSINESS T HE TRIBUNE THURSDAY, SEPTEMBER 1, 2011, PAGE 9B 7D\ORU 0t(ZLVKHVWKHPZHOOLQWKHLUIXWXUHHQGHDYRUV PUBLIC NOTICEDEFENCE FORCE RECRUITMENT EXERCISEThe Royal Bahamas Defence Force is presently conducting a Recruitment Exercise.Interested candidates must be Bahamian Citizens between B.J.C.s all at grade C or above including Math and English and High School Diploma. Applicants are to bring original Royal Bahamas Defence Force.Deadline for receipt of applications is 15th September 2011.Additionally, applicants are to produce the following original documents: Spending time at sea is a requirement as well as tours of duty at satellite bases on the Family Islands. Those unwilling to meet these requirements need not apply. Application forms may be obtained from the Ministry of Nawww.rbdfmil.com. For further information, you may contact the Royal Bahamas Defence Force Recruitment Center at 362-3717 or 362-3718. further 14 percentage points to hit 79 per cent in 2015. The latter figure was some 19 perc entage points higher than the one projected if the Bahamas had followed their spending con-s olidation measures. S till, the Bahamas debt-to-GDP ratios r emained far better than any other countries in the sample. All apart from St Lucia, are projected to have debt-to-GDP ratios of more t han 100 per cent by 2015 if no action is taken. The use of a public debt band is critical, as it allows for primary balance flexibility and, as a result, avoids the need for large fiscal con s olidations in bad stages of the cycle, which would undermine credibility, the IMF researchers said. Empirical simulations from a sample of Caribbean countries show that allowing debt to move within a relatively narrow band allowsf or large improvements in terms of primary expenditure. U sing this targeting framework, the Bahamas and others would set recurrent spending Budgets for the next fiscal year based on the probably medium-term debt-to-GDP ratio. T his would allow Budgets to be adjusted e very year to meet the chosen targets and t hresholds, allowing for the impact of shocks such as hurricane-related repairs on the pre vious years fiscal deficit and national debt t argets. The main limitation of the public debt targ eting proposal is that it requires a sufficiently strong political and societal commitment to f iscal prudence, the IMF researchers said, something that is certainly likely to be a problem in the Bahamian context. Without a strong willingness and capacity to contain special interests, distributional conflicts or other political economy pressures, them ere adoption of the framework cannot be e xpected to deliver the intended results. FROM page one IMF: 5% DEBT SLASH FROM SPENDING CUT STRONG AUTOS DROVE JULY FACTORY ORDERS UP 2.4 PER CENT

PAGE 19

NEW YORK A ssociated Press IT'S A QUIET ENDto a wild month for financial markets. Stocks edged higher W ednesday on a report that factory orders surged in July. The Dow Jones industrial a verage turned higher for the y ear. The Dow's four-day w inning streak ended a t umultuous August that had t he most 400-point swings in t he history of the index. A surge in factory orders indicated to investors that the manufacturing industry is still healthy. Orders rose 2.4 percent in July, the largest increase since March, after falling 0.4 percent in June. That decline caused worries that manufacturing, one of the best-performing areas oft he U.S. economy since the recession ended two years ago, might be starting to sput-t er. The Dow rose 53.58 points, o r 0.5 percent, to end at 1 1,613.53. It fell 4.4 percent for the month, although it is now up 0.3 percent for the year. Aluminum maker Alcoa Inc. rose 3.6 percent, the most of the 30 companies that make up the Dow avera ge. J oy Global rose 1.3 percent a fter the mining equipment m aker said its earnings rose 4 6 percent because of strong global demand for commodities like copper and coal. That helped to push up other stocks in the mining andc ommodities industry. Equipment giant Caterpillar Inc. rose 1.3 percent. T he Standard & Poor's 500 index rose 5.97, or 0.5 per-c ent, to 1,218.89. It fell 5.7 p ercent for the month. Financial stocks were the worst performers in August as many worked to raise capital to comply with new regulations. On Wednesday, nine of the 10 company groups that make u p the index rose. The t elecommunications industry w as the only one to fall. A T&T Inc. plunged 3.9 p ercent after the Justice D epartment filed a lawsuit to stop the company's $39 billion merger with rival TMobile USA. Sprint Nextel Corp., which opposed the deal, rose 5.9 percent. The Nasdaq composite i ndex rose 3.35, or 0.1 percent, to 2,579.46. It fell 6.4 percent for the month. T he Dow, S&P and Nasd aq each had their worst A ugust since 2001. The market is closing out an extraordinarily volatile m onth. The Dow was as high o f 12,132 this month and as l ow of 10,719 in the span of 23 trading days. T he volatility that began in l ate July seeped into August amid the debate in Washington over extending the count ry's borrowing limit to avoid a debt default. T he declines gained speed the week ended Aug. 5, whena ll three major indexes e ntered a correction, or a decline of 10 percent or more from a recent peak. Investors feared that Italy or Spain Europe's third and fourth largest economies would be unable to repay theird ebts. Some economists began to worry that the U.S. would slip into another recession. T hen came even worse news. Standard & Poor's lowered the nation's credit rat ing, and stocks plunged. The S &P 500 hit a low for 2011 on Aug. 8 and the Dow had four consecutive days of 400-p oint swings, the first time t hat's happened in its 115year history. Stocks had their first positive week in a month thew eek ended Aug. 26 after Federal Reserve Chairman Ben Bernanke said the U.S.r emains on pace for longterm economic growth. The Dow has risen for seven of the last eight days. Bond prices have also been v olatile. The yield on the 10y ear Treasury note briefly fell t o 1.98 percent on Aug. 18, a record low, on weak manu-f acturing data from the P hiladelphia Federal Reserve. On Wednesday, the yield rose to 2.21 percent from 2.18 per cent late Tuesday. Some investors chose to avoid the swings in stocks and bonds by parking their moneyi n gold, but even that wasn't entirely a safe bet. Gold hit a record high of $1,891.90 an ounce Aug. 22. Two days lat e r, it fell $104 to $1,757.30 an ounce. It rose $1.90 to $1,831.70 an ounce Wednesday. R ex Macey, chief invest ment officer of Wilmington Trust, said he expected mores udden turns in the stock m arket until investors can determine if the U.S. economy is headed for another recession or a recovery. When you're on the edge of growth versus recession, that's a big difference," hes aid. "Being near the precipice means that markets are going to be more volatile." BUSINESS PAGE 10B, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE 52wk-Hi52wk-LowSecurit y Previous CloseToday's CloseChangeDaily Vol.EPS $Div $P/EYield 1.190.95AML Foods Limited1.191.190.000.1550.0807.76.72% 10.639.05Bahamas Property Fund10.6310.630.00-0.6420.080-16.6 0.75% 7 .504.40Bank of Bahamas6.936.930.000.2300.10030.11.44% 0.530.17Benchmark0.180.180.00-0.0480.000N/M0.00% 2.842.55Bahamas Waste2.702.700.000.0300.09090.03.33% 1.961.77Fidelity Bank1.771.770.000.0970.04018.22.26% 11.108.29Cable Bahamas8.488.480.000.2450.31034.63.66% 2.802.35Colina Holdings2.552.550.000.4380.0405.81.57% 8 .508.33Commonwealth Brewery8.508.500.000.7400.00011.50.00% 7.006.21Commonwealth Bank (S1 6.886.880.000.4960.26013.93.78% 2.001.63Consolidated Water BDRs1.681.63-0.050.1110.04514.72.76%1 .901.31Doctor's Hospital1.371.370.000.0740.11018.58.03% 5.504.75Famguard5.435.430.000.4980.24010.94.42% 8.505.35Finco5.395.390.000.7570.0007.10.00%9 .747.75FirstCaribbean Bank8.298.290.000.4940.35016.84.22% 6.005.00Focol (S 5.755.750.000.4350.22013.23.83% 1.001.00Focol Class B Preference1.001.000.000.0000.000N/M0.00%7 .305.50ICD Utilities7.307.300.00-0.1220.240-59.8 3.29% 10.809.80J. S. Johnson9.829.820.000.8800.64011.26.52% 10.0010.00Premier Real Estate10.0010.000.001.2070.2008.32.00% 52wk-Hi52wk-LowSecuritySymbolLast SaleChangeDaily Vol. 99.4699.46Bahamas Note 6.95 (2029BAH2999.460.00 1 00.00100.00Fidelity Bank Note 17 (Series A) +FBB17100.000.00 100.00100.00Fidelity Bank Note 22 (Series B) +FBB22100.000.00 100.00100.00Fidelity Bank Note 13 (Series C) +FBB13100.000.00 100.00100.00Fidelity Bank Note 15 (Series D) +FBB15100.000.00FINDEX: YEAR END 2008 -12.31%30 May 2013 20 November 2029 7% RoyalFidelityMerchantBank&TrustLtd(Over-The-CounterSecurities) 29 May 2015BISX LISTED & TRADED SECURITIES AS OF:7% Interest 19 October 2022 Prime + 1.75% Prime + 1.75% 6.95%WEDNESDAY, 31 AUGUST 2011BISX ALL SHARE INDEX: CLOSE 1,398.24| CHG -0.05 | %CHG 0.00 | YTD -101.27 | YTD % -6.75BISX LISTED DEBT SECURITIES (Bonds trade on a Percentage Pricing basis)Maturity 19 October 2017 W WW.BISXBAHAMAS.COM | TELEPHONE: 242-677-BISX (2479) | FACSIMILE: 242-323-2320 52wk-Hi52wk-LowSymbolBid $ A sk $Last PriceDaily Vol.EPS $Div $P/EYield 10.065.01Bahamas SupermarketsN/AN/A14.00-2.9450.000N/M0.00% 0.550.40RND Holdings0.350.400.550.0010.000256.60.00% 41.0029.00ABDAB30.1331.5929.004.5400.0009.030.00% 0.550.40RND Holdings0.650.750.400.0290.00024.130.00% 52wk-Hi52wk-LowFund NameNAVYTD%Last 12 Months %NAV 3MTH 1.57791.4674CFAL Bond Fund1.5779263.39%5.87%1.548717 3.01602.9020CFAL MSI Preferred Fund3.02482.63%3.94%2.981382 1.61281.5289CFAL Money Market Fund1.61512.61%4.53%1.591803 2.86862.5730Royal Fidelity Bahamas G & I Fund2.5730-5.41%-9.79% 13.734713.2291Royal Fidelity Prime Income Fund13.73472.82%1.94% 114.128999.4177CFAL Global Bond Fund114.09222.35%13.88%114.128861 118.4255101.6693CFAL Global Equity Fund118.42552.30%8.26%116.580785 1.17491.0000FG Financial Preferred Income Fund1.17492.48%5.16% 1.13431.0000FG Financial Growth Fund1.13431.41%5.17% 1.17641.0000FG Financial Diversified Fund1.17642.38%5.39% 9.9952 9.5078Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 19.94330.98%4.58% 11.498510.0324Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 210.96520.78%5.70% 10.68139.1708Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 310.60135.75%13.20% 8.85647.5827Royal Fidelity Int'l Fund Equities Sub Fund8.65073.01%18.38% BISX ALL SHARE INDEX 19 Dec 02 = 1,000.00 YIELD last 12 month dividends divided by closing price 52wk-Hi Highest closing price in last 52 weeks Bid $ Buying price of Colina and Fidelity 52wk-Low Lowest closing price in last 52 weeks Ask $ Selling price of Colina and fidelity Previous Close Previous day's weighted price for daily volume Last Price Last traded over-the-counter price Today's Close Current day's weighted price for daily volume Weekly Vol. Trading volume of the prior week Change Change in closing price from day to day EPS $ A company's reported earnings per share for the last 12 mths Daily Vol. Number of total shares traded today NAV Net Asset Value DIV $ Dividends per share paid in the last 12 months N/M Not Meaningful P/E Closing price divided by the last 12 month earnings FINDEX The Fidelity Bahamas Stock Index. January 1, 1994 = 100 (S) 4-for-1 Stock Split Effective Date 8/8/2007 (S1) 3-for-1 Stock Split Effective Date 7/11/200731-Jul-11 31-Jul-11 31-Jul-11TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-752531-Jul-11 30-Jun-11 31-Jul-11 5-Aug-11 30-Jun-11MARKET TERMS30-Jun-11 31-Jul-11 RoyalFidelity Merchant Bank & Trust Ltd (Over-The-Counter Securities) CFAL Securities Ltd. (Over-The-Counter Securities) BISX Listed Mutual Funds30-Jun-11 30-Jun-11 NAV 6MTH 1.535365 2.952663 1.580804 111.469744 115.762221 NAV Date 31-May-11 30-Jun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aka ELLAMAE GLINTON late of D ew Gardens Cow Pen Road in the Southern D istrict of in the Island of New Providence one of the Islands of the Commonwealth of The Bahamas, deceased. N otice is hereby given that all persons having any claim or demand against the above Estate are required to send their n ames, addresses and particulars of the o n or before the 23rdd ay of September, A .D., 2011 and if required, to prove such d ebts or claims, or default be excluded from any distribution; after the above date t he assets will be distributed having regard only to the proved debts or claims of which the Executor shall have had notice. And Notice is hereby given that all persons indebted to the said Estate are requested to make full settlement on or before the 5thday of September, A.D., 2011. SYDBRI LEGAL SERVICES Attorneys for the Executrix Naomi House No.19, Ninth Terrace, Centreville P. O. Box EE-15075 Nassau, Bahamas DOW UP FOR A FOURTH DAY, TURNS POSITIVE FOR 2011 IN THIS AUG. 25, 2011 PHOTO traders Patrick McKeon, left, and Richard Deviccaro work on the floor of the New York Stock Exchange. World stock markets rose Wednesday, Aug. 31, as investors put aside con c erns over flagging consumer and business confidence in developed economies to hunt for bargains. (AP

PAGE 20

RELIGIOUS NEWS, STORIES AND CHURCH EVENTS R E L I G I O N S E C T I O N C THURSDA Y SEPTEMBER 1, 2011 T H E T R I B U N E S A business still considered to be in its infancy and a well kept Caribbean music industry secret, KLR Management Group Ltd. is already proving to be successful in taking clients to the interna tional arena after successfully securing nominations for Bahamian artists at the sixth annual South Florida Gospel Music Awards. KL R M an ag em e nt Gr ou p p r e s i d en t Ke it h R ol le o f f ici al l y r e l e a s e d t h e na mes of th e ar t i s ts he r e p r e s e nt s wh o a r e n o w n om in ee s i n th e 6 t h A n n ua l S o ut h F l o r i d a Go s p e l M u s ic A w a r ds a t Co ve na nt Ce nt r e I n t e r n at io n al o n No vem be r 4 -5 i n P al m Be ach G ar d en s F lo r id a. "Each nominated artist signed a dis tribution agr eement with KLR, so we went the extra mile and submitted their pr ojects for The South Florida G o s p el M u s i c A w a r d s A l t h ou g h Manifest is no longer with KLR for M a n ag e me n t an d D i s t r i b ut i o n we decided to let the nomination stand," he said. "No m in at ed in th e H ip Ho p d i vi s i o n ar e M an if es t a nd J .Ch as e I n th e F em al e C on t emp o r ar y a r t is t cat e go r y r e p r e s e n t i n g t h e B a h a m a s i s Ja yn el le a nd f or Fe ma le T r a d i t i o n a l G os p el i t is S un ae Ru s s el l. W e ar e a ls o r eal l y de li gh t ed w it h n ew a r t i s t V M ac wh o i s no m in at ed f or M al e V oca li s t o f t h e Y e ar an d h is s on g E l e v a t i o n s i s u p f or So n g o f T h e Y e a r C. R. E.A M is a ls o t o b e co n g r at ul at e d f o r th ei r n om in at i on i n t h e Hi p Ho p d iv is i on a s we ll T he 6 n om in at i on s r e p r e s en ti n g 5 B a h a m i a n a r t i s t s s o l i d i f y R o l l e s r e s pe ct ed p r es e nce on th e i nt e r n a t i on al s ce ne an d ha s con f ir m ed h is a bi l it y to t ak e Bah am ia n e nt e r t a i n e r s i n to a n ew ma r ke t "A ll of th es e art is t s h ave wor ke d h a r d t o get wher e t he y ar e and th ey a r e ab le to n ot o nly com pet e bu t p r e s e n t a c o m p l e t e p r o f e s s i o n a l p ackag e t o t hei r int er na ti ona l au di e nce. One th ing I bel iev e in is n et wo rk in g an d at KL R we ar e cr e a t i n g s t ra teg ic net wor ks wit h our af f i l i a t e s i n A t l a n t a M i a m i T e n n e s s e e W a sh in gto n D .C. a nd T o r ont o to hel p r ai se a pl atf or m f or o ur a rt is t s an d t h e i r p r o d u c t s A d d i t i o n a l l y Bah ami ans can g o t o w w w s f g m a c o m a nd vot e f or t hei r cou nt r y m e n M r Ro l le i s we ll v er s e d in t h e e n t e r t a in me nt in d us t r y wi t h ne ar l y a d eca de a nd a h al f o f wo r ki n g i n v ar i o u s ca pa cit i es wi th ot h er w el l kn o wn e nt i t ie s as a ma na ger r e t a i l e r as s i s t a nt r ad io s h o w h os t s al es exe cu t i ve an d f o r me r C.O .O f o r a n i nt e r n at i on al d i gi ta l di s t r ib ut i on co m pa n y He h as al s o s e r ved o n m us i c an d d i s t r i b u t i o n l a b e l C r e a t i v e S o u l E n t e r t a in m en t an d wor ke d clo s el y w it h t h e Ca r ib b ea n G os p e l M us ic M a r li n A w a r d s H e s a ys t h e n om i na t i on s p r ov id e t r em en do u s op po r t u n i t i es fo r t h e na ti o n. "Right now we are looking at hav i ng a Bah ami an c on ti ng en t at th e awards show to represent the coun tr y ," said Rolle. "J. Chase and Jaynelle h a i l f r o m t h e b ea u t if u l i s l a n d o f Eleuthera, Sunae Russell was bor n on the island of Andros, Manifest is orig inally fr om Grand Bahama and V Mac was bor n here on the island capital of New Providence. It will be a tr emen dous opportunity for sponsors looking t o al i g n t h em s e l ve s wi t h p o s i t i ve q u a li t y a nd p r o d u ct i ve B ah am i a ns who will appear on the red carpet, be photographed by for eign media and hopefully give an acceptance speech thanking those who helped them get ther e when they win the award. This is not just about music but about show ing what this great little nation is capa ble of pr oducing as a whole." Founded by Peppi Hendrix in 2004, t h e S o ut h F l o r i d a G o s p el M u s i c A war ds has seen tr emendous growth and development since it's inception. T he S ou t h F l or id a Go s p e l M u s i c A war ds (SFGMA) was cr eated as a venue to r ecognise and give meaning ful and maximum exposur e, to those independent gospel ar tists who have made an impact thr ough the medium of gospel music thr oughout the United S t a t es Ca n ad a T h e Ba h am a s C ar ib b e an I s l an d s t he U ni t e d Kingdom and the W orld." said Mr Hendrix. "The A wards boasts such National and Inter national Corporate Sponsors a s T h e I s l a nd s o f t h e Ba ha m as T ourism Office, The Florida Gospel A nn oun c e rs Gui ld of the GM W A Inc, State Far m Insurance, Geffen and Universal Records, The Bobby Jones C o mp l e x f o r P r e s e r va t i on S F GN BBTV The FL. Dept. of Health and Gospel USA Magazine, just to name a few ." He continued, "This year we ar e expecting 1,500+ attendees to attend t h r o u g ho u t t he SF G M A W e e k e n d Events. The event is FREE to attend, however you must register ." A ward winners will be decided by o n l i ne v o t e o n w ww s f g m a c o m V oting has already begun and will end on October 25th, 2011. S IX B AHAMIANS N O M IN A T ED I N F LOR ID A GOSPEL MU SIC A W ARDS All of these artists have worked hard to get where they are and they are able to not only compete but present a complete pro fessional package to their international audience. KEITH ROLLE KEITH Rolle of the KLR Management Group.

PAGE 21

The T ribune PG 40 Thursday September 1, 201 1 RELIGION U nde r th e p atro na ge o f Go v erno r G ener al a nd Lady Fo ulkes the Hi gh gr o ve Si nger s, un der the dir ecti o n of Adri an AW Arc h e r, wi ll pres ent thei r ann ual s um me r co nce rt "The Si ngi ng Hea rt" at S t Andr ew's Pr esby teri an Kir k Frid ay Se ptem ber 2 at 8pm and S und ay Se ptem ber 4 at 5 pm "The DANSA awar d winning choir now in its 15th year will present choral works by Eric Whitace, Bob Mealor Andre Thomas and many others," said Adrian Archer director of the music ensemble. "W e have entitled the con cer t "The Singing Heart", because the music and text of the song so titled by E n gl is h C o mp o s e r B o b Ch i c o l tt embodies the concept that music is able to soothe the human spirit through times of trial, and helps us to celebrate in times of triumph," said Mr Ar cher Making an appearance as guest artist during the concert is mezzo-soprano Norma Ash. She most recently led the Y o u th C h o ir o f S t F r a n c i s X a vi e r Cathedral in James W eldon Johnson' s pr oduction of "God' s T r ombone". Selfless Mindset N o r ma i s an ama z i ng m usical persona l i t y who be li ev es i n u sing her tal ent to ble ss the heart s and mi nds of he r audi ence; t his sel fl ess mi ndset e mbodi es the "Si ngi ng H ea rt" the me of our concer t In addi ti on to her sol o ap peara nc e in the concert Mi ss Ash, wi l l si ng w it h the H i g h g r ov e S ing ers a speci al ly ar r a n g e d v er s io n o f "Am az in g G r ac e" c o mposed by Roge r A mes a nd de dica ted to the vi cti ms of the 9/ 11 tra ge dy "T his pa st spri ng the choi r lost i ts p a t r o n Dr K ev a Be th el s a id M r A r cher "She ha s supporte d t he choir f r om i ts inc eption and f irs t m u sical p r ese ntat io n of he Broa dway mu sical Once On Th is Isla nd.' D uring t he c on c e r t we wil l pa y t ribut e to t his wonde rful la dy of our na ti on in a f ew spe c i al mom ent s of r e m e m b r a n c e F i n a l l y T he Hi ghg rove si ng ers hav e del i berat el y f ocused on ma king the cul t u r e o f thi s g roup a tra ini ng g round f or musi cia ns to l earn a nd hone the ir craf ts. It i s ther e f o r e our ple asure t o int r o d u c e Mr Gi ova nni Cla rk as ou r fi rst choral conducti ng int ern. G i ovanni is mu sic ma jor a t the Col le ge of the Ba ham as, and wi l l de but a s a conduc t or of th e g r oup in Da vi d D icka u' s "If Music B e the Food of L ove." Ac c o mp a n yin g th e c ho ir w ill be Raym ond Ant oni o and Col l ege of th e Baha ma s' a djun c t musi c p rofessor D r Chri sty L ee. T i ckets for the conc e rt a re $ 20 e ach and can be obtai ned from t he c once rt b o x o f fic e lo c a te d at S t G eo r g e s An gl ic an C h ur c h M o n tr os e A v e n u e ( T e le phone 322 -1 139 / 32 5899 7) pa rt p r oceed s fro m the concert wi ll a id th e C h i l d re n s Em erge ncy Host el TH E HIGH GR OVE SIN GE R S PRESE N T THE SIN GING HEAR T MEMBERS of the choir are photographed with leaders (front row) Giovanni Clarke, choral intern, Raymond Antonio, accompanist and Adrian Ar cher conductor

PAGE 22

THETRIBUNE SECTIONE THURSDAY, SEPTEMBER 1, 2011 $JHQWVt%URNHUVf/WG0$56+& RUUHVSRQGHQW INSIDE TRAK T T U U R R N N T T O O 3 3 E E . . . T T U U R R N N T T O O 4 4 & & 5 5 E E . . . T T U U R R N N T T O O 6 6 E E . . . THE GRAND DADDY OF COACHING IN THE BAHAMAS MINISTER OF SPORTS MEETS WITH TEAM BAHAMAS IN DAEGU SOCCER: MAN CITY COMPLETES SIGNING OF HARGREAVES US OPEN: KNOWLES AND MALISSE ADV ANCE TO THE SECOND ROUND SO FAR, 13TH IAAF WORLDS FULL OF SURPRISES T T U U R R N N T T O O 7 7 E E . T T U U R R N N T T O O 8 8 E E . . . 13th IAAF World Championships By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net D AEGU, South Korea No one likes to be in the position that Lee v an 'Superman' Sands finds himself in. Since arriving here with the team on August 22, he has been waiting around in the Games Village for his o pportunity to compete. B ut that chance won't come until F riday when he competes in the prel iminaries of the men's triple jump for one of the 12 spots in the final on S unday's final night of competition. "I've just been ready, anxious. I 've been here long. It's been a long w ait for the triple jump," said Sands, who will be the last competitor for the Bahamas to compete in an individual event. T he semifinal and final of the women's 100 metres will both be on the same day and, if she is given al eg to run, Cache Armbrister will b e the last member of the Bahamas' 18-member team to taste the track at the colourful Daegu Stadium. F or Sands, the triple jump has trad itionally been one of the last events on the schedule and even though there have been some changes here with the 4 x 400 heats for men today and the final on Friday, and the 4 x 100s have been moved to close out t he championships, nothing has changed in terms of his approach to his signature event. "It's been a long wait, so I am get ting a chance to see everybody compete," said Sands, who is looking forward to the final of the men's high jump with Donald Thomas and Trevor Barry. He is also looking forward to the preliminaries of the women's 200 w ith Debbie Ferguson-McKenzie, Anthonique Strachan and Nivea Smith as well as Raymond Higgs in the men's long jump and both the men's 4 x 4 and women's 4 x 1 as they get set to close out the second half of the championships. "I got to see some mishaps with some people not making the final for the Bahamas team," Sands said. "That just makes me more angry and eager to go out there and try my best to make it in the final. We have Donald and Trevor already in the final of the high jump and I was happy for that. It was motivation for me too." During Wednesday's off day of competition, Sands got a chance to sit down in a meeting with the Min ister of Youth, Sports and Culture Charles Maynard. While he was delighted to hear what the Bahamas Government is hoping to do for the athletes, he wanted to make it crystal clear that his goal still remains the same, whether or not more money was being offered to the athletes for their performances here. "This has been a crazy World Championships. I'm sure everybody saw what happened in the 100 (with Usain Bolt of Jamaica getting eliminated for a false start like Adrian Griffith) and the men's 110 hurdles (with Dayron Robles of Cuba being disqualified)," Sands said. "I think I'm in good shape right now and my coach (Henry Rolle good shape. So I'm looking forward to some big things here." Sands, who celebrated his 30th birthday on August 16, comes in with some impressive credentials at these championships. In 2003, he was the bronze medallist in Paris Saint-Denis, France. In 2005, he got fourth in Helsinki, Finland. In 2007, he didn't make it out of the qualifying round in Osaka, Japan, but returned for another fourth place in Berlin, Germany, in That goes to show that Im in top form Leevan Superman Sands ready anxious to compete in triple jump prelims Friday S S E E E E p p a a g g e e 3 3 E E TOP FORM: Leevan Superman Sands can be seen in the 2010 CAC Games in Mayaguez, Puerto Rico. Since arriving in Daegu, South Korea, with the team on August 22, he has been waiting around in the Games Village for his opportunity to compete. But that chance won't come until Friday when he competes in the preliminaries of the men's triple jump.

PAGE 23

By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net DAEGU, South Korea In everyones life, there is no greater sense of appreciationthan being able to reach the highest pinnacle in what they do. For Ronald Cartwright, who has been the "grand-dad-dy" of coaching in the Bahamas since the 1970s, hehas finally gotten to the top of the mountain so to speak -in his fraternity. At age 73 and the father of one of the premier coaches in the country, Sidney Cartwright, the elder Cartwright has finally been afforded the opportunity to represent the Bahamas as acoach at the IAAF World Championships, one of the two events he always dreamt of being a part of. The other is the Olympic Games. While the latter may not become a reality in his lifetime, Cartwright is trying to soak up the exposure he's getting here before he starts to lean towards retirement. "I really couldn't ask for more," said Cartwright as he spoke to the local media in the Games Village. If there is, Cartwright said i t's his confidence that the a thletes will prove him right a nd Team Bahamas will m ake the Bahamas very proud when the champio nships end on Sunday night. "We have two jumpers in t he final and that is something that we have been looking f orward to for a very long t ime," said Cartwright of D onald Thomas and Trevor B arry, who will provide the thrills and spills for the B ahamas in the final in the men's high jump tonight. The relays, I think will be very exciting and from what w e have seen from the other c ountries, we stand a very g ood chance of winning a m edal. It looks very good." Cartwright, who is the f ounder and head coach of the RC Athletics track club i n Nassau, is primarily responsible for overseeing all of the jumpers on the team, despite the fact that they have their own personal coaches also in attendance. "The two high jumpers making the final is exceptional," Cartwright noted. "From Leevan (Sands expect big things (in the men's triple jump) and Raymond Higgs is an up-andcoming long jumper, but he's been jumping very well at the collegiate level. So I don't see him doing any worse. He should only get better at this level." There are still a lot of expectations for Team Bahamas, even though one of them was the exit of all three quarter-milers in the semifinal of the men's 400 metres. But following on the heels of Thomas and Barry's triumphant entry in the men's high jump final, Cartwright is of the opinion that Sands will also rise to the occasion. "I spoke to him at dinner yesterday and he told me that his first jump he pops is going to be the winning jump," Cartwright noted. So I can say he's really ready to jump." As for Higgs, like Bianca Stuart in the women's long jump, he will be making his debut in the preliminary rounds of the men's long jump today. Does Cartwright feel that he could falter under the pressure as Stuart did when she scratched her first attempt, barely got in her second and produced her best mark on the day in the third round to just miss out of a spot in the final? "I dont think so," he said. "Raymond is a person who is always in a good mood. So I don't think this pressure will get to him at all. I know that he's going to jump well." SPORTS TRIBUNE SPORTS THURSDAY, SEPTEMBER 1, 2011, PAGE 3E 13th IAAF World Championships 2009. Along the way, Sands garnered enough energy to pop the third bestjump for the bronze medal at the 2008 Olympic Games in Beijing, China. He was also the runner-up at the IAAF/VTB Bank World Athletics Final in Thessalonika in 2009 after he got sixth in the same meet in 2008 and fifth both times in Stuttgart in 2007 and Monaco in 2005. The national record holder at 17.59 metres (57-feet, 81/2-inches has done a season's best of 17.13m (56-21/2 13th best jumper in the world this year. But by Sunday, he hopes to change all that when he's finished competing. "First things first. I have to qualify to get into the final," he said."Once you get into the final, anything is possible. But I plan to go all out in the final because the way this World Championships has been going, it's like anything could hap pen. If I hit a PR (17.60-something 57-9), I might medal. I might win. You never know how the competi tion is going on that day." And being the competitor that he has proven to be, Sands said he's just going to go with the flow on the day. "You know how I go," he charged. "I love the crowd." Hopefully, his performance will be one that everybody will love too. "I've been training hard from sinceI got here," Sands said. "I train around 11 o'clock in the morning. When I have to go and do the prelims, I will be ready. That is what I've been doing to make sure I'm ready and I get this qualifying jump down packed. So I've been on the time that I need to be on. And I've been looking good in practice. "Last week in my first practice over here, I jumped 16.90m (5551/2) from 12 steps, which was a big PR for me. I PRd twice that morning 16.60m (54-51/2) and 16.90 (5551/2). Then I shut it down. That goes to show that I'm in top form." But as he mentioned from the break, only time will tell how well he will do. TRIPLE JUMPER LEEV AN SUPERMAN S ANDS ANXIOUS TO COMPETE IN PRELIMS SPORTS MINISTER Charles Maynard with Leevan Sands in Daegu. F F R R O O M M p p a a g g e e 1 1 E E RACE READY: Head coach Fritz Grant (left and final of the women's 100 metres will both be on the same day and, if she is given a leg to run, Armbrister will be the last member of the Bahamas' 18-member team to taste the track at the colourful Daegu Stadium. I really couldnt ask for more Grand-daddy of coaching in Bahamas Ronald Cartwright has always dreamt of being a part of the IAAF Worlds DREAM TO REALITY: 73-year-old Ronald Cartwright (left By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net DAEGU, South Korea Wednesday was an off day for competition at the IAAF World Championships in Athletics. So Minister of Youth, Sports and Culture Charles Maynard, accompanied by his new director of Sports, Timothy Munnings, thought it was a good time to gather Team Bahamas together for a meet ing to discuss the way forward as it pertains to the co-opera tion of both the athletes and the ministry, but more impor tantly to rally them for the final four days of competition. "I thought the meeting went very well," said May nard, who got a chance to answer some direct questions from the athletes and team officials. "It was very encouraging for me to take the time out and to give them some encouragement towards the second half of this meet. I just wanted to let them know that the Bahamas Government and people of the Bahamas is behind them 100 per cent and they are rooting for them." During his address, Maynard was able to assure the athletes that all is well in the Bahamas as far as Hurricane Irene is concerned and that there is no need for anyone to panic. He also brought them up to date on the latest developments as far as the Bahamas Governments sub vention programme that has been instituted to assist the athletes with their prepara tion for international compe tition. Maynard also noted that through the Bahamas Association of Athletic Associa tions, the Bahamas will be putting in a bid with the International Amateur AthleticF ederation (IAAF hosting of the 2014 World Junior Championships. If successful, it will be the first time that the championships has been staged in the region since Jamaica hosted it in 2002. The 13th IAAF World Jr Championships was held in Moncton, New Brunswick, Canada, July 19-25, 2010, where Shaunae Miller made history as the first Bahamian to win the women's 400 metres. "The bid package is due in tomorrow (today "The Director of Sports, along with the BAAA, have been working on the package and we expect to submit it. We feel comfortable about it. But these things are not just about submitting the bid, but lobbying for it and we have been doing our share of rub bing shoulders with the various players in the IAAF. So we feel good about the prospects of our bid being the one getting chosen for 2014." Maynard declined to reveal the monetary figures of the bid because it is in its prelim inary stages, but he noted that while it is a very expensive venture, the benefits can be "humongous for the Bahamas," he said. "It will be a great touristic advantage, but it will also be a way of us featuring our brand new sta dium in grand style. "It will be the biggest event that we have ever hosted, attracting people from all over the 200-plus countries around the world that are involved in the IAAF. The uncertainty of the event is the finish time of the national stadium in its entirety with all of its work. That prevented us from bidding on anything else before that like the World Youth in 2013. But we are happy to be able to be in a position to go after the World Juniors in 2014." The new Thomas A Robin son Track and Field Stadium, which is a gift from the People's Republic of China, has been completed and is considered to be the jewel of the Caribbean. However, there is still a lot more work that has to be done to the landscape and surrounding areas at the Queen Elizabeth Sports Cen ter. While here, Maynard said he got a chance to take a close-up look at the colour ful Daegu Stadium and he assured the athletes that the government is doing all in itsp ower to make sure that the TAR Stadium will be one that they, along with everybody who visits it, will enjoy. When asked about the possibility of seeing more of the elite athletes showcased in a national arena, Maynard said the government intends to do just that at the stadium with its Wall of Fame set up, similar to that at the Lynden Pindling International Airport. But he also told the athletes that he and Munnings, a former World Championship 4 x 400 relay medallist, have been working on a pro gramme that will showcase all of the elite athletes even more by producing ads for radio, television and the newspapers that will display their athletic and scholastic achievements. He advised the athletes to make sure that whenever they return home, to get in touch with his ministry to ensure that they get all of the neces sary data so that they can start the process as soon as possible. Maynard didn't hand out any cheques, but he advised the athletes that the govern ment will be restoring the subventions to the figures that they were before some of them had to take a pay cut. And he noted that those ath letes that were not on subvention, but whose names have been submitted to his ministry, will be added to the list. As for the performances h ere, Maynard said the gov ernment will continue with its mandate to give cash incentives to those athletes who have qualified for finals and even greater to those who medal. There was no increase in the incentives. Veteran sprinter Debbie Ferguson-McKenzie, who serves as the team captain, said she thought Maynard's remarks were very positive and she feels that he's trying to go in the right direction with the economy in its pre sent state. "We have to be thankful for what we get, even though some athletes feel that they deserve more," she said. "I think it was very positive and it's heading in the right direction and hopefully now the athletes will be even more motivated to go out there and put their aquamarine, gold and black on and go out there and compete regardless of what. I think it's been positive and we are very thankful." SPORTS MINISTER, DIRECTOR MEET WITH TEAM BAHAMAS IN DAEGU S PORTS MINISTER C harles Maynard ( center) s peaks with some members of Team Bahamas at the Games Village. SEE MORE PHOTOS ON PAGES 4 & 5E

PAGE 24

SPORTS PAGE 4E, THURSDAY, SEPTEMBER 1, 2011 TRIBUNE SPORTS 13th IAAF World Championships MINISTER MAYNARD, MUNNINGS MEET WITH MEETING THE MINISTER: Wednesday was an off day for competition at the IAAF World Championships in Athletics. So Minister of Youth, Sports and Culture Charles Maynard, accompanied by his new director of Sports, Timothy Munnings, thought it was a good time to gather Team Bahamas together for a meeting to dis cuss the way forward as it pertains to the co-operation of both the athletes and the ministry, but more impor tantly to rally them for the final four days of competition. Here, they can be seen in the Games Village.

PAGE 25

SPORTS TRIBUNE SPORTS THURSDAY, SEPTEMBER 1, 2011, PAGE 5E 13th IAAF World Championships TEAM BAHAMAS IN DAEGU, SOUTH KOREA MEETING THE MINISTER: Wednesday was an off day for competition at the IAAF World Championships in Athletics. So Minister of Youth, Sports and Culture Charles Maynard, accompanied by his new director of Sports, Timothy Munnings, thought it was a good time to gather Team Bahamas together for a meeting to discuss the way forward as it pertains to the co-operation of both the athletes and the ministry, but more importantly to rally them for the final four days of competition. Here, they can be seen in the Games Village.


University of Florida Home Page
© 2004 - 2011 University of Florida George A. Smathers Libraries.
All rights reserved.

Acceptable Use, Copyright, and Disclaimer Statement
Powered by SobekCM