<%BANNER%>
The Tribune.
ALL ISSUES CITATION PDF VIEWER
Full Citation
STANDARD VIEW MARC VIEW
Permanent Link: http://ufdc.ufl.edu/UF00084249/03099
 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: 09-19-2011
 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: UF00084249:03099

Downloads

This item is only available as the following downloads:

( PDF )


Full Text

PAGE 1

Murder count reaches INSIGHT S S A A F F E E P P U U B B L L I I C C T T R R A A N N S S P P O O R R T T A A B B A A S S I I C C R R I I G G H H T T SEEINSIGHTONPAGE10B N ASSA U AND BAHAMA ISLANDS LEADING NEWSPAPER Volume: 107 No.243MONDAY, SEPTEMBER 19, 2011 PRICE 75 (Abaco and Grand Bahama $1.25 WEATHER SUNNY, T-STORM HIGH 89F LOW 79F By MEGAN REYNOLDS Tribune Staff Reporter mreynolds@tribunemedia.net BLOODSHED claimed the lives of five men thisw eekend and pushed the annual murder count to 100. Activists in the community have called for a state of emergency to be introduced and curfews imposed in Nas sau where the violence is cen tred. S Ali McIntosh, activist, youth worker and leader of the Bahamas Constitution Party, said called for the cur few under article 29 of the Constitution. She said: This is war. I call this local terrorism because when criminals take control of society, we are in a state of emergency. We must do something to stop the carnage. Removing bail provisions for people accused of murder is another requirement to return safety to the streets, she said. However police chief ASP Hulan Hanna said a curfew is not necessary as the violence perpetuated by the fews hould not retract the free d oms of the many. We do have our chal lenges but I dont know that we need to start telling Bahamians en masse that they should not go out, he s aid. While the crime problem is horrendous, they are still a minority of persons and police have been extremely successful in putting them before the courts. As bad as it is, I want to reinforce that it is a minority and police are very much on top of it. Blame cannot be attributed to the courts, or the police, he said, but to the criminals themselves. Our young men struggle to deal with issues among F iv e killings in one w eek end TRY OUR PINA COLADA McFLURRY The Tribune THEPEOPLESPAPER BIGGESTANDBEST LATESTNEWSONWWW.TRIBUNE242.COM T HE week may have j ust begun, but we at T he Tribune have got your f uture weekends in mind. Theres a new newspaper coming to town ... and its about to change your weekend readingh abits forever. The Tribune is bringi ng you an entirely new concept in newspaper design and content. P acked with news, fea COMING SOON: Y OUR NEW WEEKEND NEWSPAPER SEE page 12 MEMBERS of the Pathfinders group took to the streets of the capital this weekend to march against crime. The Pathfinders organisation is part of the Organisation of the Bahamas Conference of Seventh Day Adventists. TIMCLARKE /TRIBUNESTAFF PATHFINDERSMARCHAGAINSTCRIME A TODDLER is one of five people recovering with bullet wounds following a wave of shootings across Nassau. The 19-month-old girl was in a car with her parents who had just parked in front of their Nassau Village home when a dark station wagon stopped behind them and the occupants opened fire at the family. All three were hit by bullets and were rushed to hospital by ambulance where they were treated and discharged. Police are still searching for the gunmen. The incident happened at around 10pm on Saturday. The shooting followed an armed rob By AVA TURNQUEST Tribune Staff Reporter aturnquest@tribunemedia.net US media reports claim two children contracted dengue fever while on vacation in New Providence last month. Meanwhile, the number of suspected dengue fever cases has shown a sustained decrease over the past two weeks, health officials confirmed yesterday. According to the Washington Post, the travel advisory issued by the US Centre for Disease Control was prompted A BABY died and two children man aged to escape when their family home went up in flames on Saturday. Police said the duplex in Domingo Heights, off East Street South, started before 11pm. When officers arrived they found the back of the single-storey duplex engulfed in flames. Firefighters worked to control the blaze and then went in to search all five rooms of the home. The nine-month-old baby girl was burned beyond recognition, police said. A five-year-old boy and nine-year-old girl escaped the fire unharmed. Police have launched intensive investigations into the cause of the fire. Anyone with any information which may assist investigations should contact police on 911, 919 or call CrimeStoppers anony mously on 328-TIPS (8477 SEE page 11 SEE page 11 TODDLER ONE OF FIVE WITH SHOOTING WOUNDS US MEDIA: TWO CHILDREN CONTRACT DENGUE FEVER ON B AHAMAS V ACATION B AB Y DIES IN HOUSE FIRE SEE page 12 FAMILY OF THREE INJURED SUSPECTED NUMBEROFCASESDECREASING TWO OTHERCHILDRENESCAPE COMINGSOON: THEBIGT INSIDE SEEPAGE8E

PAGE 2

LOCAL NEWS PAGE 2, MONDAY, SEPTEMBER 19, 2011 THE TRIBUNE VINTAGEANDCOLLECTABLEMOTORBIKES were among the vehicles taking to the streets of Nassau at the weekend as the Friends of Distinction Riders Club and the Antique Auto Club of the Bahamas joined forces with the Cancer Society of the Bahamas for the second annual Cruise to the Cure. The event raises funding for research into the disease. CRUISETOTHECURE SECONDANNUALEVENT TIMCLARKE/TRIBUNESTAFF

PAGE 3

PRIME MINISTER H ubert Ingraham departed Nassau this afternoon for New York, where he will address the United NationsH igh Level Summit on Chronic Non-Communicable Diseases. The Prime Minister will b e accompanied to by H ealth Minister Dr. Hubert Minnis and senior officerso f the Ministry of Health a nd the Office of the Prime Minister. On Wednesday, Prime Minister Ingraham will trav e l to Washington DC to chair the Annual Meetings of the World Bank and theI nternational Monetary Fund (IMF meetings, he will meet with the new Managing Directoro f the IMF Christine L egarde, President of the World Bank Robert Zoel lick and President of the Inter-American Develop-m ent Bank (IDB Alberto Moreno. The Prime Minister was elected Chairman of the World Bank/IMF group at last years Annual Meetings. He will be accompanied in Washington by State Minister for Finance Zhivargo Laing, and senior officers of the Ministry of Finance and the Office of the Prime Minister. He will return to Nassau on Monday, September 26. Deputy Prime Minister and Minister of Foreign Affairs Brent Symonette will act as Prime Minister until the Prime Ministers departure for Washington on Wednesday, after which time National Security Minister Tommy Turnquest will act as Prime Minister. Mini ster Turnquest will also act as Minister of Finance with effect from today. Environment Minister E arl Deveaux will act as Minister of Foreign Affairs, and Education Minister Desmond Bannister will acta s Minister of Health during t he Prime Ministers absence. By AVA TURNQUEST Tribune Staff Reporter aturnquest@tribunemedia.net A TRINIDADIAN family wants answers after court costs awardedto them by the Bahamas Court of A ppeal have gone unpaid by a large F rench bank for seven years. D espite numerous unexplained delays, court errors, and mounting costs, Ansar Ali, a petroleum consultant, said he remains committed to h is 20-year-long appeal for justice. What is going on in the justice s ystem? Why after seven years are my tax costs still not paid? Why is myl egal matter being held up after 20 y ears? asked Mr Ali, who spoke on b ehalf of his wife and two children who are also respondents in three Court of Appeal applications against Societie General Hambros Bank and Trust (Bahamas indemnifiers of Coutts and Compa-ny (Nassau Why are we starting afresh again, having to do all these appeals? asked Mr Ali. Is the justice system f or only certain people? I have an a ppeal court order which was clear. T he Alis filed legal action in the Supreme Court against Coutts and Company which had begun liquidation proceedings in 1996, case n umber 667. After seven years of liti gation, the family lost their case in 2003 before Justice John Lyons. T he Alis appealed the judgment, a nd in 2004, the Court of Appeal r uled that the case be remitted to the Supreme Court be heard again by another judge. The ruling, casen umber 57/2003, stated that the family was entitled to their costs in both the lower and upper court. The Trinidadian businessman said it took another seven years to get a h earing in the Supreme Court; the c ase was dismissed again on March 6. A final certificate of the taxation awarded in 2004 was approved by the registrar in November last year, stating the family was owed 10 per c ent of total costs per annum. The date should be from when the costs were awarded, which was in 2 004, Mr Ali said. The date on the document was N ovember 12, 2010. When my attorneys brought this to the attention of the registrar,i nstead of changing the date, he set aside the document. Since 2004, Mr Ali said that the taxation costs have been reduced by over 75 per cent from the original bill. Having to travel over here over t he last 20 years, having won the m atter in 2004 and been awarded all c osts and a de novo (new trial we havent seen one penny, said Mr Ali. The third application, filed by the family, is for leave to take their case to the Privy Council that addresses a judge's decision not to recuse hims elf from a commercial action that w as filed against the French bank i n 2007. The ordeal, which began in 1991, has devastated the family, who continue to finance all legal fees and travel expenses. This is not justice, justice delayed is justice denied. Justice should be for a ll, rich or poor, Bahamian or C aribbean people, or anyone, it d oesn't matter. Justice is for all. Where is the justice? The Court of Appeal, the highest c ourt of this land, has been trampled on. LOCAL NEWS T HE TRIBUNE MONDAY, SEPTEMBER 19, 2011, PAGE 3 6&+('8/($(59,&(2'$ LQIR#PVLEDKDPDVFRP 7 $,5&21',7,21,1* (/(&75,&$/ %/'*$,17(1$1&( C USTOMERS with o verdue electricity bills w ill be cut off, the Bahamas Electricity Corporation has warned. A statement released by BEC yesterdayw arns all customers to settle their debts immediately, or live without power. It said Effective immediately, the Corporation intends to disc onnect the electricity supply on all accounts with substantial arrears a nd where payments have not been made in accordance with BECs b illing policy. Payment This includes customers who have made payment arrangementsb ut are not honouring those commitments. Those who are struggling to pay their bills can work out a payment plan with BEC at their offices in B aillou Hill and Tucke r Roads, or the Mall a t Marathon customer service store. A s BEC staff go d oor-to-door, residents are asked to ensure the representative has a valid BEC photo identification card, uniform and service truck. Customers who have c oncerns about the authenticity of BEC staff should call 3021682/5 or 302-1624. COURT COSTS AWARDED IN THE BAHAMAS UNPAID FOR SEVEN YEARS B EC WARNING FOR CUSTOMERS ON OVERDUE ELECTRICITY BILLS Trinidadian family seeking answers PM TO ATTEND UNITED NATIONS AND WORLD BANK/IMF MEETINGS F ROMLEFT: P rime Minister Hubert Ingraham, Deputy Prime Minister Brent S ymonette and State Minister for Finance Zhivargo Laing will be among the delegation f rom the Bahamas T RIPTONEWYORKTHENWASHINGTON, DC

PAGE 4

EDITOR, The Tribune. THEday after thousands of Bahamians took to p rayer to solve the count rys crime rise, it appears that I and other non-believe rs may have been proved w rong. There must in fact be a God and he must be s ending his followers a mess age though seemingly n ot the message that was expected. For the very nextd ay proved the bloodiest of t he last several years. Also on that day, the papers carried the story ofa man just given bail for a murder that he allegedly committed last year while on bail for another murder t hat he allegedly committ ed the year before. Stories l ike these offer stark, obvio us and mundane evidence o f at least one (easily fixa ble) thing that we are doing wrong and it has nothing to do with prayer. A mass prayer, a triple shooting and a doublebailed alleged killer: If I were to believe in a God, i t would be one with sufficient sense of irony to have coordinated those events o n the same day, allowing t hose with eyes to see. A side from the obvious villainy of the Bail Act (which has probably beenr esponsible for around 30 deaths this year), we tend generally to overlook sim ple, scientific and easilya ddressed solutions to crime in favour of emotive, dramatic and utterly hope less ones. This is partly b ecause the debate is framed wrongly. Those addressing the p roblem generally make a f alse correlation between crime and immorality. Clearly it is immoral to commit most crimes, butt hat does not mean that immorality is the root cause of crime. T here are as many per sonally immoral people in Lyford Cay as in Bain T own (and there are cert ainly a lot less religious believers). So if the rise in crime were a reflection of the moral breakdown that every politician smug ly and thoughtlessly asserts, it would be occurring pro portionately throughout T he Bahamas. T he truth is that crime of t he kind we have in The Bahamas is determined byc ulture, not morals. Econ omics plays a part, but a far smaller one than culture. If you are less likely to be jacked up by the Ranger Road Posse than, say, the Gun Dogs, that is b ecause the latter inhabit a world which normalises p etty violence, short term m aterialism and a host of i nter-related ghetto values. A ll of this is addressable with the kind of social intervention policies that an enlightened government can quite easily deliver. Unfortunately, however, we too often see Ministers t hrowing their hands in the air and trying to hand responsibility back to the f amily (although there o ften isnt one in any meani ngful sense) and the church. Socialisation and exposure of our young people should be a principal focus o f educational and social p olicy. Intensified social programmes in schools, an e xpanded system of homes f or children and an aggressive policy of extracting c hildren from the worst h omes and placing them in s uch homes would be a beginning. T ogether with the cons truction of a decent, safe remand centre and a Bail Act that permits bail only in the most exceptional circumstances, these measures would have a profound impact on the crime rise. W e have seen this week j ust how relevant prayer or r eligious belief is to the rise o f crime in our country. N ow lets get serious and d eal with the matter through the application of collective thought and reason. ANDREW ALLEN Nassau, S eptember 16, 2011. EDITORIAL/LETTERS TO THE EDITOR PAGE 4, MONDAY, SEPTEMBER 19, 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 C irculation Department (242 N assau Fax: (242 F reeport, Grand Bahama: 1-(242 Freeport fax: (242 DEPUTY PMs admission over contract is a constitutional crisis reads the headline on page 7 of todays edition. The article claims that the Bahamas is now constitu tionally compromised because Deputy Prime Minister Brent Symonette has admitted as though it were ever a secret that his family has an interest in a company awarded a government contract. What a lot of political hogwash! Its now election time silly season and the Opposition is trying to either knock out or neutralise as many politically strong opponents as it can the most important of which, of course, is the team of Ingraham and Symonette. According to Mr Symonette this is an election attack by the PLP. We agree. We understand that a survey of sorts was taken to discover whether the team of Christie and Mother Pratt could beat Ingraham and Symonette. The finding was that it could not. It is believed that neither can Christie and Brave Davis. Ipso facto, governments lead team has to be broken up. The chisel has now been put to the baseo f Mr Symonette, and chipping away has started. We find it highly amusing who is among those leading the charge against Mr Symon ette on a matter of conflict of interest, integrity and ethics. There is no space to go into details here, but those who want to understand our sarcastic amusement should read from pages 103 to 109 of the Commis-s ion of Inquiry Report (Volume I ber, 1984 into the illegal use of the Bahamasfor the transshipment of dangerous drugs destined for the United States of America. It is claimed that Mr Symonettes admis sion of a conflict has not only doomed him, but should remove him from the seat of government. The admission to which George Smith, f ormer Exuma MP and minister in the Pindling cabinet, and Loftus Roker, also a for mer cabinet minister from the Pindling era, refers is announced as though it were a new revelation. It is not. The public ever sinceMr Symonettes resignation as chairman of the airport board in 2001 has had full knowledge of the fact that although Mr Symonette personally owns no shares in the company in question Bahamas Hot Mix Co., Ltd his childrens trust does. As a matter of fact Mr Symonette, a highly successful businessman, owns shares in many companies. Are all of these companies to be denied a right to bid on government contracts, because some member of Mr Symonettes family might own shares? How many Bahamian jobs are being jeopardised by such a policy? We agree that when such matters come before Cabinet, Mr Symonette should step aside to remove any suggestion that his presence has influenced a vote. But we do not agree that he should be removed as deputy prime minister just because certain politicians want to entertain sinister thoughts. Bahamians must remember that this is a small country. Our problem is that we have too many lawyers and not enough successful businessmen in the House. And although on every declaration that he has to make and which is public Mr Symonette lists all of his interests in the various companies, his success is used against him. No wonder persons, who really have something to offer this country and who should be serving in parliament, refuse to volunteer. If we had more MPs with the business acumen and the means to do for their constituencies what Mr Symonette does for St Annes, this little Bahamas would be a better place. B ut many Bahamians with much to offer are discouraged when they see the meanspirited behaviour of petty politicians, par ticularly against successful persons like Brent Symonette. No wonder they want nothing to do with politics. To them it is a dirty game, best to be shunned. The company that the PLP are now railing against is Bahamas Hot Mix, foundedi n 1984 by a group of Bahamian businessmen with construction backgrounds. It is one of only two hot mix plants with the exception of government in the Bahamas. It is the only business of its type with international accreditation. It has about 255 well paid Bahamian employees all earning about $35,000 ay ear who between 7pm and 5am nightly, when most Bahamians are asleep, are now out repairing sewer pipes on Bay Street to make ready for the road improvement pro gramme for downtown. Were these Bahamians, who also have families to feed, to be denied this government job, just because Mr Symonettes chil drens trust hold minority shares in their company? And was the Treasury to forego a savings of about $200,000 on this contract because Mr Symonette is being judged by the low standards of others? We think not. We shall return to this subject tomorrow. Crime in Bahamas is determined by culture, not morals LETTERS letters@tribunemedia.net What constitutional crisis are they talking about? EDITOR, The Tribune. PLEASE allow me a little space in your fine newspaper to express my opinion on several matters. It is amazing what some people in this country think is OK to do or is right in their minds. What is even more amazing is how the politician, namely the opposition, just jumps on a topic to gain political points when if on the other side of the fence it would not take a certain stance. We have a crime problem in this country, but we think the problem is just the murders, robberies and other serious crimes, but this all emulates from our lack of respect for the small crimes, running the red light, littering, cheating customs and not paying our taxes. If we disrespect the small crimes sooner or later, and its now sooner, we will graduate to bigger crimes. I was appalled when I read the statement by the President of the Straw Business Persons Society, Rev Esther Dawkins. Where in the world is the government discriminating against the straw vendors by asking them to obey the laws of the Bahamas? How can she fix her mouth to say paying National Insurance could be unconstitu tional? All working men and women in this country are obligated to pay their National Insurance and what makes the straw vendors so special that they dont have to pay? I blame NIB and the Ministry of Finance for not cracking down on them earlier, but the fact of the matter is they should pay and should be made to pay their NIB and if they dont pay they should not be allowed to move into the Straw Market that my tax dollars paid for. If I and other Bahamians have to pay then they should pay. This foolishness of them saying they should not be made to pay is foolishness. They are lucky NIB has not taken them to court to be made to pay, but thats another story. I am surprised the press is giving this the kind of coverage t hey are getting, its amazing. Some of the Press was carried to court for not paying NIB contributions and they should be up in arms to hear the straw vendors complain about paying their bills. The leaders of the country should be condemning them and siding with the Ministry of Works. When I say the leaders, I mean political, spiritual, and community. We as a country accept mediocrity and have a media that prints crap like what the straw vendors have to say and dont challenge them. Where is the journalists integrity? Come on my people when I hear people in the public say that the government is not for the people and I hear straw vendors run on with foolishness, I get scared for this country that we are hiding pol itics behind such statements. We are allowing our country to go to the dogs when we make such statements. Straw vendors pay your NIB, pay your business license and stop running on with foolishness. If I have to pay them, you all should have to pay. VICTOR THOMAS Nassau, August 29, 2011. Small crimes graduate to bigger ones

PAGE 5

B y SIR RONALD S ANDERS ( The writer is a Consultant a nd former Caribbean diplomat). B ROADCAST to the w orld via international television, a young man spoke poignantly at the observance of the 10th anniversary of 9 /11 in New York of the r egret he felt that his father w as not there to teach him to d rive a motor-car, to see him graduate from high school, a nd to give him advice on his first date. His father and almost 3 ,000 others were the victims of four suicide pilots and their accomplices who, in an unforgivable act of terror, crashed planes into the twin towersi n New York, the Pentagon in Washington and a field in P ennsylvania. The names of each of these victims were read-out by tearful and emo tional family members amid a s tirring ceremony in the presence of both current President Barack Obama, and for mer President George W B ush under whose watch the incidents occurred. Americans were entitled t o mourn the victims of 9/11 on the tenth anniversary of their death. And, America,a s a nation is entitled to assert i ts resolve to protect itself from any such further attacks upon its civilians by terrorist groups from anywhere in the world. F ather s But, in many other parts of t he world for over a century, there have been and still are young men whosef athers were not there to t each them to drive a car, to see them graduate from high school and to give thema dvice on their first date. Those fathers were and are also innocent civilians. Some of them were and are being killed by the action of United States military forces in their countries. In many of them the wars in which they were victims were not sim ply of their countries making; they were also conflicts created by American and oth er Governments in pursuit of what they considered their national interests. On September 12, one of the candidates for the Repub lican Partys nomination for the US Presidency, Ron Paul, made the point that America is under threat because we occupy so many countries. Were in 130 countries. We have 900 bases around the world. He continued, if we think that we can do that and not have retaliation, were kidding ourselves. We have to be honest with ourselves. What would we do if another country, say China, did to us what we do to all those countries over there? Sadly, he was booed and jeered by sec tions of the audience and oth er Republican candidates with whom he was debating. But, if the countries about which Ron Paul spoke had television stations with a global reach, like CNN and t he BBC, they could regularl y broadcast scenes of grievi ng families and patriotic l eaders lamenting the loss of loved ones. If they called out t he names of the many civilians killed, the number would be several times more thant he 3,000 whose lives were ended by misguided and misled zealots acting on the instructions of Americas enemies. 9 /11 looms large in the minds of Americans because i t is the first time since the Japanese attacked Pearl Harbour that America suffered an assault on its own soil andt he first ever on the mainland. It also looms large because of modern commu nications. Instant television c overage brought the full horror of the planes crashing into the New York twin towers d irectly into the living rooms of practically every American family. Similarly, in ther un-up to the 10th annivers ary of 9/11, it was impossible not to be caught-up in the occasion. American media quickly joined by the BBC and Sky Television, the glob al broadcasters from Britain p ermeated their broadcasts with it, filled with all the pathos, anguish, and sorrow it engenders. B ut, greater balance is needed. These same broad casters carry almost daily news clips of US military action in Afghanistan and Iraq but without the anguish over the many civilians thata re killed. Collateral dam age is the term used to describe these innocent dead. Yet, they like the victims of 9/11 are somebodys father, mother, husband, wife, or child. They too leave behind a grieving family, forced to survive without them. There are no official figures, but such figures as have been compiled put the civilian deaths at well over 10,000. None of this is to say that there have not been regimes in some countries that were and are cruel and despotic, and deserve to be removed since they deny their own people the democratic machinery to do so. But this ought not to be a selective process; one that America joins to pursue its economic or political interest. Containing despotic regimes and removing them when they mount aggressive campaigns against other countries, and when they set upon their own people, should be the task of the United Nations Security Council. Further, there should be no double standard applied to errant regimes. The criteria for UN intervention should be objective and uniform. O f course, until the member governments of the UN Security Council themselvesa pply such objective criteria, t he way will remain open for the US, which remains the most powerful military nationi n the world, to act against regimes against which it claims a fear of terroristt hreat. The doctrine of preemptive strikes which started under Ronald Reagan and was perfected under GeorgeW Bush, will not go away even though the current Pres idency of Barack Obama has t ried to take a more mea sured stance. The Republi can hawks in Congress and t he intemperate Tea Party f action will continue to agi tate for more unilateral and offensive measures whenevert hey judge, however exaggeratedly, that America is at risk. Civilians So, while the 10th anniversary of 9/11 was rightly an occasion for sympathizing with the families of the close to 3,000 innocent civilians who became the victims of anti-American zealotry, it should also have been an occasion for commiserating with the families of thousands of other innocent civilians in other countries who fell victim to military action ordered by others, and whose names are not inscribed in stone but have been obliterated in dust. Cross-border terrorism, such as 9/11 will not die with the killing of zealots like Osama bin Laden, nor will it be terminated by the impris onment of activists of extremist organizations like al Qaida, although the latter is nec essary. It will end when all governments adhere to principles of fairness and equity in their international rela tions, and when democracy and rights are respected and upheld by all in national and global governance. Until then there will be many more families all around the world grieving for the loss of innocent civilian lives. That, unfortunately, is another side of 9/11. Responses and previous com mentaries at: www.sirronaldsanders.com LOCAL NEWS PAGE 6, MONDAY, SEPTEMBER 19, 2011 THE TRIBUNE EHVW a a Another side of 9/11 FRIENDS AND FAMILY MEMBERS of 9/11 victims visit a September 11 Memorial waterfall during a ceremony marking the 10th anniversary of the attacks, Sunday, Sept. 11 in New York, (AP WORLDVIEW SIR R ONALDSANDERS

PAGE 6

THE admission by Deputy Prime Minister Brent Symonette that hisf amily has an interest in a c ompany awarded a gove rnment contract has p laced the country in a constitutional crisis, claims former Cabinet min-i ster and Exuma MP George Smith. Mr Smith said that according to article 49 of t he constitution, a member of the House of Assembly must resign his seat if he b ecomes interested in a g overnment contract. H e said an exception can only be made if the MP didn ot know he had become i nterested in such a contract, or if he formally disc losed the interest to the House and asks Parliament for an exemption. T his should take place while he is still only intere sted in such a contract, and before it is actually entered into, according to M r Smith. That is enshrined in the c onstitution, our most sacred document. Mr Smiths comments echo those of another former PLP Cabinet minister, Loftus Roker, who said thed eputy prime minister should resign or be fired for the appearance of a conflict of interest. Ther ow comes after comments M r Symonette made about h is family's interest in Bahamas Hot Mix, thec ompany awarded the cont ract to pave roads under the New Providence Road Improvement Project. Road works M r Roker, a former minister of Immigration in Pindling administration, said: I believe Mr Symonette, ( the) deputy prime minist er who is one heartbeat away from leader of thisc ountry, is in conflict of i nterest insofar as these road works are concerned. "As a minister he is restricted in the jobs he can have in this country. He is not like anyone else and he chose to be a minister, n obody put a gun to his head to make him a minister. "Mr Symonette should resign as minister before( Prime Minister) Hubert Ingraham is forced to fire him because on his own words, in my view, he is in c onflict of interest". I n response, Mr Symonette said the call for his res-i gnation was an "election a ttack" by the PLP. "The PLP operatives have decided to target me. Don't come with this foolishness just because election time is coming. The PLP operatives are obvio usly starting their attack o n me because they're scared they have nothing else to hang their election hat on and come back to s ame old tactics they had y ears ago, he said. L ast week he explained h is connection to Bahamas H ot Mix and said his fami l y's interest in the company has been public knowledge for years. "I do not own any share in that company. The shares are owned by my children's trust, but that is p ublic knowledge. I have investments in many com panies in this country. D oes that mean that I s hould not enter politics? I don't think so," Mr Symonette said. Bahamas Hot Mix got t he contract, not because of me but because they arer ecognised and well-known r oad builders in the Bahamas. They are qualified to get the job. If there is a bidding process should they not bid? I am a Bahamian and I am entitled to jobs in the Bahamas j ust like everyone else." Shareholder H e added: "Yes, I happen to be a shareholder butI am a shareholder in many c ompanies. So because I have personal wealth does that mean I cannot be a Member of Parliament? Why is he attacking me? There were ministers under the PLP government who g ot contracts that could be called 'special interest' but no one made a big deal about that." Mr Symonette has also p ublicly said his family's connection to the compa ny is not a conflict of inter est. LOCAL NEWS T HE TRIBUNE MONDAY, SEPTEMBER 19, 2011, PAGE 7 $33/,&$7,216$5(,19,7(' )257+( $ XGLWDQG$VVXUDQFHDQDJHU 0 LQLPXPRIWZR\HDUVH[SHULHQFHDWWKHSRVLWLRQ X VLQJLQWHJUDWHGSURSULHWDU\VRIWZDUHWRROV $ XGLWHQLRUVf 3 URIHVVLRQDOO\TXDOLHGZLWKPLQLPXPRIIRXU\HDUV S XEOLFDFFRXQWLQJH[SHULHQFHXVLQJLQWHJUDWHGSURSULHWDU\ VRIWZDUHWRROV 6WDII$FFRXQWDQWVf 5HFHQWFROOHJHJUDGXDWHVRU&2%DFFRXQWLQJPDMRUV $ GPLQLVWUDWLYH$VVLVWDQWVf 5HFHQWKLJKVFKRROJUDGXDWHVNQRZOHGJHRI0LFURVRIW 2IFHDQG([FHOUHTXLUHG $OOUHVSRQVHVVKRXOGEHIRUZDUGHGWRHPDLO LQIR#JWEDKDPDVQHW RU 37KH%DKDPDV Break away from the ordinary and discover how to experience life to the fullest. The Isuzu D-MAX is the ultimate multi-purpose pick-up truck which enables you to drive through tough roadsand load a variety of cargoes. It is specially designed to be powerful, stylish and highly functional. The Isuzu D-MAX is one toughvehicle that willnever let you down!T H E I S U Z U D M A XPOWERFUL COMFORTABLE VERSATILE T YREFLEX S T AR MO TORSCall us today for your new IsuzuD-MAX Pick-UpTruck at 325.4961Wulff Road, P.O. Box N 9123, Nassau, The Bahamas Fax: 323.4667 DEPUTY PMS ADMISSION OVER CONTRACT IS A ONSTITUTIONAL CRISIS FORMER CABINET MINISTER SPEAKS OUT DEPUTYPRIMEMINISTER Brent Symonette George Smiths comments echo those of Loftus Roker

PAGE 7

FORT LAUDERDALE, F la. A ssociated Press WEARINGstraw hats and shaking maracas, pas s engers on the first charter flight from Fort Lauderdale to Cuba in decades took offS aturday. The terminal at Fort Lauderdale-Hollywood International Airportq uickly took on a festive a ir as excited passengers checked bags stuffed with canned food and other goods to deliver to family and friends on the island. They were serenaded with Cuban music, and given guava pastries and straw hats as they waited to board. "It's a historic day," Vivian Mannerud, president of Airline Brokers Company, the charter oper ator that organized the flight, told the South Florida Sun-Sentinel. "For Cuban-Americans who live from Hialeah to West Palm Beach, this is an easier ride." The one-hour flight to Havana's Jose Marti Airport departed from Fort Lauderdale for the first time since 1987. Under the Obama administration, sev eral new charter destinations have been approved by the U.S. and Cuban gov ernments. Flights from Tampa to Havana began for the first time in nearly 50 years on Sept. 9. The flight was operated by a JetBlue airplane and crew. Airline Brokers Company will be offering the flight every Saturday, as well as a return trip. One hundred ten passen gers were aboard the inau gural trip. Cuban-American truck driver Julio Delgado was among them. He was traveling to visit his 84-year-old mother, who recently broke her hip. Inside his two large suitcases: powdered milk, canned fish and chicken, and sneakers. "To spend time with fam ily," Delgado told the SunSentinel, "that's the most important thing there is." By CONSTABLE 3011 MAKELLE PINDER CONFLICTis a normal and necessary part of healthy relationships. A fter all, people arent e xpected to agree on e verything at all times. Therefore, learning how to deal with conflict rather than avoiding it is crucial. When conflict is mismanaged, it can harm any relationship. But when handled in a r espectful and positive way, conflict provides an opportunity for growth,u ltimately strengthening the bond between individuals. How we handle our a nger and how we deal w ith other people who are a ngry can make the difference between managing conflict effectively and having conflict end in violence. T herefore listed below are a few Conflict Resolution Safety Tips : UNHEALTHY RESPONSES TO CONFLICT: An inability to recognise and respond to the things that matter to the other p erson. Explosive, angry, hurtful, and resentful reactions. The withdrawal of love, r esulting in rejection, isol ation, shaming, and fear o f abandonment. An inability to compromise or see the other persons side. The fear and avoidance of conflict; the expectationo f bad outcomes. HEALTHY RESPONSES TO CONFLICT: The capacity to recognise and respond to the things that matter to the other person. Calm, non-defensive, a nd respectful reactions. A readiness to forgive and forget, and to move past the conflict without h olding resentments or a nger. T he ability to seek compromise and avoid punishing. A belief that facing conflict head is the best thing for both sides. Remember that conflict is a normal reaction, theref ore choose your battles, a nd learn how to walk a way. Compromise, and think before you act and speak. Life does not have a restart button. ROYAL BAHAMAS POLICE FORCE NATIONAL CRIME PREVENTION OFFICE: Conflict resolution safety tips By MIKE LIGHTBOURN NOW is a great time to focus on the exterior details t hat will make your home s tand out when buyers first lay eyes on it. Starting at the t op, make sure your roofi ng materials are functional a nd looking good. Gutters should be cleaned out and repaired after HurricaneI rene, and any signs of water damage eliminated. Replace any rotten wood in the boxing. L ittle details have a huge impact. Paint is cheap, but pays off handsomely when y ou apply it to any trim, r ailings, shutters, boxing and e specially the front door. A new knob and knocker wouldnt hurt; a street number anda flowering potted plant make a good i mpression, too. Once youve improved those details, light it up with attractive outdoor lighting. Finally, theres the front yard and driveway. Your walkways and driveway set the tone for the rest of the scene, so make sure they a re meticulously swept, edged and maint ained. Of course, mow the lawn regularly; keep it fertilized for a lush look and keep pulling upt hose weeds. Prune branches stripped bare by Irene. The recent heavy rain will bring new growth. Its easy to save money w hile still giving your yard a n expensive landscaped look by simply buying lots of p retty flowering plants. T hink penta, lantana, hibisc us and alamanda. Plant them in groups and place mulch around them, oru se large pretty pots on your porch and strategic areas around your driveway and walkways. D iscourage our local pigeon and dove population by emptying any dog food b owls after your pet has fini shed eating. P igeons are messy! Leftover food attracts pigeons and rats. D o your part to help eliminate dengue f ever by making sure theres no standing water on your property. The mosquitos breed in stagnant water, such as flower vases, uncovered barrels, buckets, and discarded tyres. You know how important first impressions are, so dont waste any opportunity t o maximise your homes appeal. (Mike Lightbourn is president of C oldwell Banker Lightbourn Realty). LOCAL NEWS PAGE 10, MONDAY, SEPTEMBER 19, 2011 THE TRIBUNE :LOOLDP)RUEHVRI+D\DQG +RQH\FRPEHWUHHW 1DVVDX%DKDPDVRUDQ\RQH NQRZLQJKLVZKHUHDERXWV LVDVNHGWRFRQWDFWDQJUD AFTER THE STORM REALESTATE FT LAUDERDALE-CUBA CHARTER FLIGHT TAKES OFF I NTERNATIONAL NEWS

PAGE 8

LOCAL NEWS T HE TRIBUNE MONDAY, SEPTEMBER 19, 2011, PAGE 11 bery and a drive-by shooting, during which two men were seriously injured. An armed robber shot an employe e of Herbies Chinese restaurant in Tonique Williams Darling Highway when he stormed the eatery and demanded cash from the worker at around 1am on Saturday. The robber got away. The injured man was treated and rushed to hospital by ambulance, where police said yesterday he is in a stable condition. Another man was shot in the O cean Street park, Golden Gates Number One, when two men drove up on a motorbike and opened fire. Witnesses told police the gunmen were on a red and white trail bikew hen they drove past the park and fired at the man who was shot several times at around 5.30pm on Saturday. He was taken to hospital in a private vehicle and has been detained in serious condition, police said. A nother two men are in hospital with stab wounds following a fight on a public bus in Yamacraw Hill and Fox Hill Roads on Friday morning. T he two, aged 20 and 16, stabbed each other several times while on the jitney just after 9am. They were taken to hospital by ambulance. Police said the men had a handgun and a shotgun on them, and haveb een detained in hospital where they remain in serious condition. Another firearm was taken off the streets after gunfire rang out on Homestead Street at around 2.30amo n Saturday. Police in the Northeastern Division chased a suspect they saw running from the scene and throwing something on the ground as he ran. A shotgun and cartridges were found. P olice are questioning a 24-yearold man of Miami Street. Anyone with information about the incidents is asked to call 328TIPS (8477 All calls guarantee c omplete anonymity. by the higher-than-usual number of travellers returning with dengue fever. The report stated that usually there is only one dengue f ever case per year related to travel from the B ahamas. Parents of the North Virginia children, a ged 14 and 10, expressed anger that they were not warned about the outbreak and, subsequently, did not protect themselves adequately. The cases were confirmed by a Northern V irginia practice, according to the article which was published on Friday. I t was also claimed that a 12-year-old girl, w ho was on the same vacation, had also contracted the disease. The CDCs advisory, which was issued last T hursday, is the first international warning since the dengue fever outbreak two months ago. Last month, health officials reported an a verage of 100 new cases of suspected dengue fever per day. Recent figures estimate the t otal number of cases to be more than 3,500. T he number of cases at health care facilit ies on the island has since declined, and has r emained low, according to Dr Hubert Minnis, Minister of Health. D r Minnis was on his way to a high level United Nations meeting with the Prime Minister and could not confirm the total numbero f cases yesterday. The meeting will address chronic non-communicable diseases, such as t hose covered by the National Drug Prescription Plan. Concerned residents in Abaco have taken to social networking to spread awareness of the outbreak and preventative measures. Upt o press time, the FaceBook group Dengue Fever Outbreak in the Bahamas, which is moderated by Abaco residents, had 1,167m embers. Persons experiencing dengue fever-like symptoms are asked to call the hotline at 359-2 929 to speak with a healthcare professional before visiting the Princess Margaret Hospital. USMEDIA: TWO CHILDREN CONTRACT DENGUE FEVER ON BAHAMAS VACATION FROM page one TODDLER ONE OF FIVE WITH SHOOTING WOUNDS FROM page one

PAGE 9

themselves, ASP Hanna said. And the fact is we still have guns in our communities, these men simply have n o regard for human life, and t hey will pick up a weapon a nd extinguish a life as if it has no value at all. Until and unless they a ccept that they have gone w rong they have lost their w ay they will not change. C B Moss, director of Bahamas Against Crime, said the crisis could have beena verted if action had been taken earlier and those invited to address crime with his charity had stepped up to the p late when invited to a summit last year. H e said: All Bahamians s hould be ashamed and profoundly embarrassed that we have permitted our once safe and peaceful society to become one of the most violent and bloodstained in the r egion. The truth is that most, if n ot all of them failed to r espond when they should have, thereby making a direct contribution to the present s ad state. Now the Bahamas is near t he tipping point as it relates t o crime and violence and o nly a collective effort, with l ess talk and more focused action will prevent a deepening of the crisis. The weekend killings were a cross New Providence, with t he 96th person to be murdered found shot near Nirvana, Love Beach, in West Bay Street, at around 9pm on Friday. Another man, 29, was fatally shot during a fight n ear the Corner Pocket bar, Kemp Road, at around 3.45am on Saturday. T he man he was fighting w ith remains in a serious con d ition. A round 15 minutes after t he shooting, a man was fatally stabbed in the abdomen during a fight in Cordeaux Avenue. Police have arrested a 41-year-old Montell Heights man. Another man was found d ead with a stab wound in his back at the burial ground north of the Eastern Cemet ery at St Matthews Church, S hirley Street, just before 3 pm on Saturday. A nd the 100th man to be m urdered in the country this year was one of two men found shot in a car in Roland Street, Ridgeland Park, at around 4.45am on Thursday. He died in hospital just before 9pm on Saturday. A ll the victims identities were not released by police. The countrys highest a nnual murder toll was r ecorded last year when 94 p eople were killed. T his record was broken at 5 am on Thursday when Leontis Lewis was gunned down in Palmetto Avenue, off Crooked Island street, at 5am on Thursday. Anyone with information about the above crimes s hould contact police on 911 or 919, call the Central Detective Unit on 502-9991, 5 02-9910, or call CrimeStopp ers anonymously on 328T IPS (8477 LOCAL NEWS PAGE 12, MONDAY, SEPTEMBER 19, 2011 THE TRIBUNE tures, fashion, hair and make-up tips, motoring, travel and much, much,m ore, once you pick it up, you wont be able to put it down. While other so-called newspapers want to put you to sleep Monday to S aturday, our newspaper will inform a nd entertain every member of the family. Theres something for every one! W eve also teamed up with some of the biggest businesses in The Bahamas to bring you huge savings on your s hopping bill. Yes, we will help you to s ave money! Interested? Then keep reading The Tribune over the coming days to find o ut how we aim to make your week ends complete. FROM page one MURDER COUNT REACHES 100 F ROM page one Coming soon: your new weekend newspaper POLICEATTHESCENE of the stabbing death at the burial ground north of the Eastern Cemetery a t St Matthews Church, Shirley Street. T im Clarke / Tribune staff

PAGE 10

INTERNATIONAL NEWS T HE TRIBUNE MONDAY, SEPTEMBER 19, 2011, PAGE 13 DEBRIS IS SHOWN at the Reno Air Races in Reno, Nev., Saturday, where pilot Jimmy Leeward crashed his plane on Friday. At bottom center is a crater that authorities say is six feet six wide and three feet deep w here the plane crashed. (AP RENO, Nevada Associated Press THE SCENE of a Reno air race crash that killed nine people reveals the violence of the plane's missile-like impact a crater in the tarmac roughly 3 feet (1 meter (2.4 meters spread out over more than an acre (0.4 hectare From a tour of the site Sat urday evening, it appeared that the 1940s-model plane went straight down in the first few rows of VIP box seats, based on the crater's location. The plane hit about 65 feet (20 meters ing edge of the grandstand where thousands were watching Friday as the planes sped by just a few hundred feet above the ground. Some members of the crowd have reported noticing a strange gurgling engine noise from above before the P-51 Mustang, dubbed "The Galloping Ghost" by its pilot, pitched violently upward, twirled and took an immediate nosedive into the crowd. The plane, flown by a 74year-old veteran racer and Hollywood stunt pilot, disintegrat-ed in a ball of dust, debris and bodies as screams of "Oh my God!" spread through the crowd. The death toll rose to nine Saturday as investigators determined that several onlookers were killed on impact as the plane appeared to lose a piece of its tail before slamming like a missile into the crowded tar mac. "I mean, I look up and I'm sitting there, like, OK, I'm gonna die, I'm just gonna run. I'm just gonna give it all I got," spectator Noah Joraanstad told NBC News from his bed at Northern Nevada Medical Center. Joraanstad, a commercial pilot, was in good condition at the hospital, said spokesman Don Butterfield. Joraanstad told the network he had a piece of shrapnel in his back that barely missed his spine and kidney. The crash killed the pilot, Jimmy Leeward, and eight spectators. So far, two victims have been identified. Michael Wogan, 22, of Scottsdale, Arizona, had muscular dystrophy and was in a wheelchair in the VIP section when the plane crashed, the family said Satur day. The Washoe County, Nevada, medical examiner identified the other victim as Greg Morcom of Washington state, a first-time spectator at the show, according to the Seattle Post-Intelligencer newspa per. Officials said 69 people were treated at hospitals, including 36 who have been released and 31 who remain there. Nine were in critical condition late Saturday. Doctors who treated the injured said it was among the most severe situations they had ever seen because of the large number of people injured, including at least two children younger than 18 who are not among those in critical condition. Injuries included major head wounds, facial trauma and limb injuries, including amputations, doctors said. "I've seen more patients, but never this many patients with this number of severe injuries," said Dr. Michael Morkin, chief of the emergency department at Renown Regional Medical Center, who trained at Cook County General Hospital In Chicago. "It was traumatic," he said. National Transportation Safety Board officials were on the scene Saturday to determine what caused Leeward to lose control of the plane, and they were looking at amateur video clips that appeared to show a small piece of the air craft falling to the ground before the crash. Witnesses who looked at photos of the part said it appeared to be an "elevator trim tab," which helps pilots keep control of the aircraft. Reno police also provided a GPS mapping system to help investigators recreate the crash scene. "Pictures and video appear to show a piece of the plane was coming off," NTSB spokesman Mark Rosekind said at a news conference. "A component has been recovered. We have not identified the component or if it even came from the airplane ... We are going to focus on that." Investigators said they also recovered part of the tail sec tion, where the tab is located. Questions were raised, too, about modifications made to make the plane more aerodynamic so it would go faster without a bigger engine. In a podcast uploaded to YouTube in June, Leeward said major changes were made to the plane before this year's race. He said his crew cut five feet (1.5 meters) off each wing and shortened the ailerons the back edge of the main wings used to control balance to 32 inches (81 centimeters down from about 60 inches (152 centimeters). "I know the speed. I know it'll do the speed. The systems aren't proven yet. We think they're going to be OK," Leeward said. The Mustang that disinte grated into the crowd had minor crashes almost exactly 40 years ago after its engine failed. According to two websites that track P-51s that are still flying, it made a belly land ing away from the Reno airport. The NTSB report on the Sept. 18, 1970, incident says the engine failed during an air race and it crash landed short of the runway. P-51 historian Dick Phillips of Burnsville, Minnesota, said Saturday the plane had had several new engines since then as well as a new canopy and other modifications. Some credit the pilot with preventing the crash from being far more deadly by avoiding the grandstand section with a lastminute climb, although it's impossible at this point to know his thinking as he was con fronted with the disaster and had just seconds to respond. Investigators also said they will be looking at the health of Leeward. Friends say the owner of the Leeward Air Ranch Racing Team was in excellent health. His website says he has flown more than 120 races and served as a stunt pilot for numerous movies, including "Amelia" and "The Tuskegee Airmen." The National Championship Air Races draw thousands of people to Reno every September to watch various military and civilian planes race. Local schools often hold field trips there, and a local sports book took wagers on the outcomes. RENO AIR RACE CRASH SCENE SHOWS VIOLENCE OF IMPACT NINEDEADAFTERPLANEHITSSPECTATORS In v estigators determine that several onlookersw ere killed on impact

PAGE 11

BANI WALID, Libya Associated Press MOAMMARGadhafi's f ighters fired several mortars and tried to ambush revolu tionary forces Sunday at the n orthern gate of the loyalist s tronghold of Bani Walid. With their numbers stretched thin, the former rebels sent reinforcements, some whoa rrived with a tank that had been seized from the ousted regime. L ibya's new rulers, meanwhile, pressed forward with efforts to assert authority over the country. The NationalT ransitional Council planned a press conference later Sun day to announce a new Cabinet lineup. That would showp rogress in forming a new government ahead of the U.N. General Assembly this week. T he two sides have clashed for days after former rebels made a push toward Bani Walid and Gadhafi's home town of Sirte to try to break weeks of stalemate and crush the dug-in fighters loyal to the fugitive leader. While Sirte would be a major symbolic prize, Bani Walid has proven particular ly difficult for revolutionary forces. The loyalists hold the strategic high ground along the ridges overlooking a desert valley called Wadi Zeitoun that divides the town between northern and south ern sections. The terrain has made the city a historical hold-out: In the early 20th century, Italian forces occupying Libya struggled to take Bani Walid. On Sunday, Gadhafi forces blasted fighters at the northern entrance with mortar fire while the revolutionary forces returned fire with machine guns and rocket-propelled grenades. Fighters also fired into the desert north of the gate where Gadhafi loyalists were believed to be trying to surround them ahead of an ambush. Five mortar shells landed about 20 yards (metersa building where anti-Gad hafi fighters were resting, prompting them to run to a feed factory they have occupied. Black smoke filled the sky. The standoff has been chip ping away at the morale of fighters, who have been massed in the area for weeks and are stretched thin. While the northern gate was com ing under attack, many sat on the sidelines drinking tea and using plastic bottles for target practice at the feed fac tory checkpoint. The reinforcements from Tajoura, meanwhile, posed on a tank they said had been c aptured after revolutionary forces swept into Tripoli on A ug. 21. Fathi Mselati, 31, f rom the Tajoura brigade, s aid more captured tanks were on their way to the front. R evolutionary forces also have faced fierce resistance in Sirte as they tried to pusht hrough crowded residential areas in the coastal city, but they claimed Saturday to have gained less than a milei nto the city, along the main c oastal highway leading in from the west. The forces were met by a rain of gunfire, rockets and mortars. A field hospital set up outside Sirte at a gas station filled with woundedf ighters, including some from a convoy hit by a rocket-propelled grenade. Twenty-four anti-Gadhafi fighters were killed and 54 wounded in the day's battles, the military council from the nearby city of Misrata reported. T he pro-regime radio sta t ion in Sirte repeatedly aired a recorded message it said was from Gadhafi, urging the city's defenders to fight on. "You must resist fiercely. You must kick them out of Sirte," the voice said. "If they get inside Sirte, they are going to rape the women." The voice resembled Gadhafi's but its authenticity could not be confirmed. Gadhafi's spokesman, Moussa Ibrahim, vowed, "We have the ability to continue this resistance for months," in a phone call Friday to Syrian-based Al-Rai TV, which has become the mouthpiece for the former regime. The persistence of the former regime has raised fears of a protracted insurgency of the sort that has played out in Iraq and Afghanistan. Hassan Dourai, Sirte representative in the new, interim government, said fighters reported seeing one of Gadhafi's sons, Muatassim, short ly before the offensives began Friday, but he has not been spotted since the battles intensified. The whereabouts of Gadhafi and several of his sons remain unknown. Other family members have fled to neighboring Algeria and Niger. On a third front in Libya's southern desert, hundreds of revolutionary fighters were negotiating with villagers in the still pro-Gadhafi region to surrender peacefully. The fighters collected on a road near the Nahrouqa village on Sunday. Col. Bashir Awidat has said they seek to secure the sur rounding hinterlands before moving against Sabha, the main southern urban center about 400 miles (650 kilometers) south of Tripoli. INTERNATIONAL NEWS PAGE 14, MONDAY, SEPTEMBER 19, 2011 THE TRIBUNE FORMER REBEL FIGHTERS celebrate near to Bani Walid, Libya, Sunday. Libyan revolutionary forces repelled an attack by Moammar Gadhafi loyalists on Sunday but faced fierce resistance from a valley separating them from the loyalist stronghold of Bani Walid, fighters said. (AP A PERSON alleged to be a Gadhafi loyalist is escorted by former rebel fighters near the northern gate of Bani Walid, Libya, Sunday. (AP

PAGE 12

INTERNATIONAL NEWS T HE TRIBUNE MONDAY, SEPTEMBER 19, 2011, PAGE 15 G AUHATI, India A ssociated Press A strong earthquake shook northeastern India and Nepal on Sunday night, killing at least nine p eople, damaging buildi ngs and sending lawmakers in Nepal's capital running into the streets. The quake, with a preliminary magnitude of 6.9, w as felt across northeast I ndia including the capital of New Delhi. It triggered at least two aftershocks of magnitude 6.1 and 5.3, Indian seismology official R.S. Dattatreyan said. He warned more aftershocks w ere possible. A t least four people in I ndia's Sikkim state were k illed and an unspecified n umber of people were i njured, state police Chief Jasbir Singh told The Associated Press. Nepal'sg overnment said five people died and dozens were hurt there. The full extent of dama ge was not immediately known because the region is sparsely populated with m any living in remote a reas which were cut off b y mudslides triggered by the quake, Singh said. T V stations reported b uildings collapsed and sidewalks cracked in Sikkim's state capital of Gangtok, 42 miles (68k ilometers) southeast of the quake's epicenter. The Indo-Tibetan Border Police said two of itsb uildings had collapsed in Gangtok. Rescuers were working overnight to search fora nyone pinned under fallen buildings in the city, which has a population of 50,000, Singh said. "We have sounded a high alert. Police are on the streets in Gangtok and o ther major towns," he s aid. Electricity and some p hone service was interrupted in the area. Power lines snapped in t he West Bengal cities of D arjeeling and K alimpong, which "are n ow in total darkness," s tate Chief Minister M amata Banerjee said. Prime Minister Manmohan Singh offered to send troops to help, and summoned the National Disa ster Management Authority for an emerg ency meeting. The air force sent five planes to help with rescue efforts. I n neighboring Nepal a nd Bangladesh, the quake s ent residents rushing out of their homes, offices and shopping centers. I n Nepal's capital of Katmandu, members of parliament who were debating the national budget ran out of the assembly hall into a parking area. They returned 15 minutes l ater and resumed their s ession. The quake was also felt as far as the Indian capital,w ith New Delhi residents also rushing out of shaking buildings. PRELIMINARY MAGNITUDE OF 6.9 NINE DEAD AFTER STRONG QUAKE HITS NORTHEASTERN INDIA

PAGE 13

By NEIL HARTNELL Tribune Business Editor C IBC FirstCaribbean Inter national Bank (Bahamas capital ratios are well ahead o f the Central Bank of the Bahamas requirements, both more than five-and-a-half per-c entage points up on the 17 p er cent regulatory minimum, as it recorded a slight 1 per cent net income increase fort he 2011 third quarter. Marie Rodland-Allen, the banks managing director, confirmed in an e-mailed r eply that its capital levels remained more than adequate despite its recession-induced struggles, saying: Our Tier 1 [ capital ratio] was 22.57 per cent, and Total Capital ratio was 23.33 per cent, well aheado f the requirement of 17 per cent. CIBC FirstCaribbean International Bank (Bahamasp erformance, though, contin ued to be weighed down by a combination of increased loan l oss expenses (provisions increased operating expens es, although the results for the three months to end-July 2011 d o provide a glimmer of hope. Mrs Rodland-Allen declined to comment onw hether the meagre bottom line improvement, net income rising year-over-year by less than 1 per cent from $12.787 million to $12.868 million represented the start of a trend that would see CIBC FirstCaribbean International Bank (Bahamas match prior year performance. But a closer look showed that had it not been for a 23.2 per cent in loan loss expenses, from $12.509 million in the 2010 third quarter to $9.61 million this time around a drop of almost $3 million the banks performance would have been significantly worse than the prior year comparative. CIBC FirstCaribbean Inter $4. 68 $4. 51 $4. 69The information contained is from a third p arty and The Tribune can not be held responsible for errors and/or omission from the daily report.$ $5.32 $5.38 $5.38 T HETRIBUNE SECTIONB business@tribunemedia.netMONDAY, SEPTEMBER 19, 2011 B y NEIL HARTNELL T ribune Business E ditor B AHAMIANgeneral insurers are holding to estimates of a total $30-$40m illion in total Hurricane I rene-related insured losses for the industry, several telling Tribune Business they were totally shocked that a Bostonbased risk modellinga gency was placing this figure at between $200-$400 million. RoyalStar Assurance said it was estimating the B y NEIL HARTNELL T ribune Business Editor Fidelity Bank (Bahamas has raised just over 70 per cent of the $10 million in additional capital it is seek-i ng to raise from its current private placement preference share issue, its placement agent expecting the offering to be fully subscribed by the end of this week. Michael Anderson, presid ent of RoyalFidelity Merchant Bank & Trust, told Trib une Business that with the $10 million issue likely to be oversubscribed by the time it closes on Friday, the BISX-l isted commercial bank was open to making additional shares available for investors wanting to buy-in. Emphasising that he was speaking for RoyalFidelity as placement agent, and not Fidelity Bank (BahamasA nderson said that if the full a mount was raised the latter would have a 21 per cent Tier1 capital ratio, something he described as huge. Its been very well received, he added of the issue. As of now, weve got just over $7 million in sub-s criptions out of $10 million, a nd expect to be oversubs cribed for the offering. Theres been a good level of interest out there, and I dont think therell be any problem in getting it fully sub-s cribed by the end of [this] w eek. Hopefully by the beginning of this week we will be fully subscribed, and weve said to people that depending on what happens we may By NEIL HARTNELL Tribune Business Editor Doctors Hospital is targeting Janu a ry for the start of its next medical tourism initiative, the BISX-listed healthcare institution telling Tribune Business that its $1.067 million net income performance for the first half of its 2012 financial year was slightl y ahead of budget projections. I n a series of e-mailed replies to this newspapers questions, Doctors Hospital confirmed it was moving on establishing a spinal surgery and care c entre at its Nassau facilities a proj ect it is undertaking with a consortium featuring US specialists, a spinal parts manufacturer and Bahamians pecialist, Dr Valentine Grimes. We have recently received medical licenses for three spine surgeons w ho plan to bring their patients for s urgery. Dr Valentine Grimes will By NEIL HARTNELL Tribune Business Editor THEBahamas proximity to the US is the key factor undermining Bahamian entrepreneurs and small busi nesses, a leading accountant believes, adding that thousands of jobs and hundreds of companies would b e created at home if it were not for the ease of Miami Top accountant says thousands of jobs and hundreds of firms created if not for Miami shopping SEE page 5B US PROXIMITY UNDERMINING BAHAMIAN ENTREPRENEURS RAYMOND WINDER INSURERS HOLD FIRM TO $30-$40M IRENE LOSSES RoyalStar eyeing $3m in total insured claims, ICBa similar number otally shocked Boston-based risk modeller holding to $200-$400mn umber SEE page 6B FIDELITY: OVER 70% RAISED ON $10M OFFER BISX-listed bank likely to make extra shares available, as issue anticipated to be oversubscribed Will take banks Tier 1 capital to huge 21% $8m Port IPO coming in next few weeks SEE page 5B MICHAELANDERSON DOCTORS TARGETING JANUARY FOR SPINAL MEDICAL TOURISM CIBC FIRSTCARIB WELL AHEAD ON C APIT AL STANDARDS Both key ratios over 5.5% pts above Central Bank minimum But bad loans and oper a ting e xpenses weigh down key BISX performer SEE page 4B SEE page 4B

PAGE 14

B y DAVID ALLEN I N ORDER to survive in a hostile financial services environment, the Bahamas is required to place its finger on the pulse of onshore markets. One way to achieve this is by incorporating onshore law firms and attorneys into its offshore financial serviceslandscape. I agree with a recent article by Raymond Winder, managing partner at Deloitte &n Touche (Bahamas opening of the Bahamas financial services sector to international attorneys with expertise in financial services. Now is a prime time to do so, before the i ndustry collapses or fades i nto global irrelevance. It has been suggested t hat there is a level playing f ield due to compliance with the G-7 and Organis ation for Economic and C o-Operation and Develo pment (OECD for tax information exchange agreements,H owever, the playing field is not level, and the Bahamas may currently be on the lower end. This is due to the fact that other competing jurisdictions, such as Cayman and Bermuda, have opened up their financial services sectors to onshore law firms and attorneys, and enjoy a competitive advantage over the Bahamas. Prior to the OECD, Financial Action Task Force (FATF i ng and related compliance l egislation, the Bahamas achieved leverage in the g lobal financial services i ndustry due to its protection of banking secrecy, a long with its lack of i ncome taxes, proximity to t he US and stable democracy. This leverage enabled it to attract internationalb usiness to Bahamian law firms and attorneys. With the deterioration of banking secrecy, the Bahamas h as lost its leverage and is i n the same position as othe r jurisdictions. In this new playing field, a key concern of financial service providers is branding. I recently spoke to the director of a top offshore bank in the Bahamas, and h e informed me that he no longer advertises the Bahamas as a selling point. Rather, he advertises the brand of his bank as a wellknown and respected intern ational player. A s we witness this move t o corporate branding, away from jurisdiction marketing, it becomes more important to permit o nshore law firms and a ttorneys to locate in the B ahamas and bring their business and brand recognition with them. T he financial services industry plays an important role in the Bahamas economy. Other than legal fees f or Bahamian attorneys, it provides high-end property rentals and purchases, g ainful employment and a m yriad of Government f ees. Onshore law firms t hat locate here should be l imited to financial services w ork and encouraged to partner with existing Bahamian law firms. The Bahamas financial services sector has reached a certain level of stagnation, and opening the sect or would allow for i ncreased momentum. Movement is a key ingred ient to the continued life o f the Bahamas financial s ervices industry. The Bahamas can no longer afford to stay off the beat-e n path when it comes to p roviding financial ser vices, because the world simply will not come. Itm ust relocate itself to Main Street to receive big business. By wiring and con necting the Bahamas into t he onshore financial hub t hrough law firms and attorneys, it may recovert he momentum required f or a sustainable and vibrant financial services industry. BUSINESS PAGE 2B, MONDAY, SEPTEMBER 19, 2011 THE TRIBUNE BAHAMAS MUST GET ON THE BEATEN PATH A Bahamian attorney backs an accountants call to open up this market to onshore law firms, warning that to do o therwise would see financial services stagnate DAVID ALLEN

PAGE 15

w ork with them. We hope to start them by January, theB ISX-listed healthcare provider told Tribune Business. It added that its High Intensity Focused Ultrasound( HIFU) prostate cancer treatment centre was continuing on a regular basis, with a trend for increasing the activity. Doctors Hospital saw its net income for the six months to end-July 2011 drop by 6.4p er cent, falling year-overy ear from $1.14 million to $1.067 million, although earnings per share (EPS remained constant at $0.11. Net revenues increased by $1.4 million or 6.7 per cent,l ed by a 7.7 per cent growth in p atient service revenues to $21.867 million from $20.3 million a more than $1.56 million increase. There was an increase in a ctivity due to the seasonal health issues such as flu and its complications, said Doctors Hospital, by way ofe xplanation for the increase i n overall and patient service revenues. Revenue and income is slightly ahead of budget. However, the revenue performance was more than off-s et by a 7.5 per cent increase i n total expenses from $19.907 million to $21.395 million. The main categories experiencing year-over-year increases for the six months to end-J uly were salaries and benefits; medical supplies; and bad debt expenses, the latter more than doubling from $370,000t o $863,000. W arning that Doctors Hospital expected no significant changes to its financial performance over the 2012 second half, the company said it had been able to recruit moref ull-time staff to fill existing v acancies, thus reducing overtime payments. The healthcare provider, though, added that salaries and medical supply costs nor-m ally rose in line with the increase in patient activity it had experienced. M eanwhile, Doctors Hospitals balance sheet showed a 90 per cent increase in patienta ccounts receivables since the 2011 year-end in January, jumping from $503,000 to$ 958,000. Accounts receiva bles from third party payers, namely medical insurers, fell from $4.187 million to $3.929 m illion. Explaining the rise in sums o wed to it by patients, Doct ors Hospital said: Accounts R eceivable is always a factor o f the economy for self-pay patients. With the economy c ausing a loss of jobs there is a simultaneous loss of health insurance, and therefore ani ncrease in self-pay patients. Our third party payors are paying on time, and up-front collection for self-pay patientsh elps to reduce balances after d ischarge. Our receivables increased over the last six weeks in direct relation to increased activity, the majority of the increase is in zero to 60 days. E lsewhere, Doctors Hospit al said it was in negotiations with a new interested party, who it declined to name, regarding the potential sale of its Blake Road-basedW estern Medical Plaza facility in western New Providence. I t added of its strong balance sheet, which has net assets of $28.144 million andj ust $2.921 million in liabilities: That was part of the strategy to prepare for ar ecession, and it has been a p ositive strategy for us. The fact that we are debt free has allowed the Hospital t o use internally generated cash flow to improve the facil-i ty, replace equipment over t he last two years and maint ain a reserve. D octors Hospital, though, continues to have concerns o ver the Medical Care Improvement Act that was unveiled by the Governmenta mong a slew of legislative initiatives in the 2011-2012 Budget. We have had discussions w ith the Minister of Health a nd expressed to him the adjustments that need to be made in order for Doctors Hospital to benefit from this new Act. The wording of the Act excludes us at presentf rom making an application u nder that Act, Doctors Hospital said. BUSINESS PAGE 4B, MONDAY, SEPTEMBER 19, 2011 THE TRIBUNE THE COLLEGE OF THE BAHAMASV isit our website at www.cob.edu.bsTHE CONFUCIUS CLASSROOM AT THE COLLEGE OF THE BAHAMAS C OURSE OFFERING: BEGINNING TUESDAY, SEPTEMBER 20, 2011 Mandarin I Tuesdays and Thursdays 5:30 p.m. 7:00 p.m. PRICE: $250.00 R EGISTRATION FEE: $40.00 LOCATION: CEES Bldg. Moss Road P .O.BOX-4912, NASSAU, THE BAHAMAS T EL: (242 E-MAIL:confucius@cob.edu.bs +HDOWK*HQHUDOFLHQFH*U $ SSOLFDQWVPXVW $f%HDSUDFWLFLQJERUQDJDLQ&KULVWLDQZKRLV ZLOOLQJWRVXEVFULEHWRWKHWDWHPHQWRI)DLWKRI 7HPSOH&KULVWLDQFKRRO %f+DYHD%DFKHORUV'HJUHHLQ(GXFDWLRQRUKLJKHU IURPDUHFRJQL]HG&ROOHJHRUQLYHUVLW\LQWKHDUHDRI VSHFLDOL]DWLRQ &f+DYHDYDOLG7HDFKHUV&HUWLFDWHRU'LSORPD 'f+DYHDWOHDVWWZR\HDUVWHDFKLQJH[SHULHQFH,QWKH UHOHYDQWVXEMHFWDUHDZLWKH[FHOOHQWFRPPXQLFDWLRQ VNLOOV $SSOLFDQWVPXVWKDYHWKHDELOLW\WRSUHSDUHVWXGHQWV IRUDOOH[DPLQDWLRQVWRWKH%-&%*&6(OHYHOV )f%HZLOOLQJWRSDUWLFLSDWHLQWKHKLJKVFKRROVH[WUD FXUULFXODUSURJUDPPHV $SSOLFDWLRQPXVWEHSLFNHGXSDWWKH+LJK6FKRRO2IFH RQ6KLUOH\6WUHHWDQGEHUHWXUQHGZLWKIXOOFXUULFXOXP YLWDHUHFHQWFRORXUHGSKRWRJUDSKDQGWKUHHUHIHUHQFHV 0UHLO+DPLOWRQ 7KHULQFLSDO 7HPSOH&KULVWLDQ+LJKFKRRO 3 1DVVDX%DKDPDV 'HDGOLQHIRUDSSOLFDWLRQLV UGHSWHPEHU national Bank (Bahamas appears to be having trouble controlling its operating expenses, which grew by 17.7 per cent in the three monthst o end-July, rising to $21.864 million from $18.569 million last year. T he nine-month comparative is similar, with operat-i ng expenses up 15.9 per c ent year-over-year to $ 62.525 million compared to $53.94 million in the same period in 2010. T he bank has also been hit, like most otherB ahamian commercial banks, by provisioning a ssociated with non-per forming loans, which grew by 17.1 per cent to $28.387 m illion, compared to $24.234 million, year-overyear for the first ninem onths. I n her e-mailed response to Tribune Business questions, Mrs Rodland-Allena ttributed the increased operating expenses to management fees, plus i ncreased bank licence fees and general operating costs. She did not explain how CIBC FirstCaribbean Inter n ational Bank (Bahamas planned to control these, other than to say it contin u es to focus on cost containment across the entire business. M rs Rodland-Allen also declined to detail what nonperforming loans currentlya ccounted for, as a percentage of CIBC FirstCaribbean International Bank (Bahamas $2.237 billion loan portfolio. She referred this newspaper to the 15.25 per cent figure given for CIBC First Caribbean International Bank (Bahamas end, a percentage that was well above the Bahamian commercial banking industry average, indicating the institution has more than its fair share of troubled credit. Customers in all areas have experienced difficul ties during this period of economic challenge, Mrs Rodland-Allen said in her e-mailed response to Tribune Business. Our promise to our customers is to partner with them and this is what we have done. We have worked with customers in every segment to help them ride out the effects of the downturn in the world economy, which has affect ed the performance of the economy of the Bahamas. CIBC FirstCaribbeans financial performance is a key determinant of how the Bahamian stock market performs, given that it is the largest stock by market capitalisation and accounts for around 30-40 per cent of BISXs All-Share Index. For the 2011 third quar ter and first nine months it has been aided by the excess liquidity in the Bahamian commercial banking system. This has been responsible for the more than $170 million rise in cash on hand since the 2010 year-end, while deposit rates have also dropped, as reflected in the reduction in total interest expense. DOCTORS TARGETING JANUARY FOR SPINAL MEDICAL TOURISM FROM page one FROM page one CIBC FIRSTCARIB WELL AHEAD ON CAPITAL STANDARDS

PAGE 16

extend it. M r Anderson further explained: The banks indicated it would be willing to consider allocating additional shares if its oversubscribed. Given the level of intere st expressed, the bank may b e able to accommodate some additional subscrip tions. Weve said to people: Do not be put off by the fact its oversubscribed; step for ward. The $10 million offering is a Private Placement, and targeted only at specific institu tions and high net worth individuals who have been solicite d. It is therefore not a public offering, and members of the Bahamian public should not seek to become involved or apply for shares. Asked by Tribune Business why the $10 million prefer-ence share issue seemed to be so attractive to the targeted investors, Mr Anderson suggested it was a combination of Fidelity Bank (Bahamas performance coupled with the rate of return. Priced with an interest coupon of Prime plus 2.25 per cent, or 7 per cent, the RoyalFidelity president said the dividend yield was higher than that for bank deposits and existing fixed income securities, which had been impacted by the recent Prime rate cut. Commonwealth Bank s existing perpetual preference shares were paying 6.25 per cent, Mr Anderson said, andhe added: Seven per cent is a premium over whats being p aid by all other issuers presently, and people are attracted by the rate. RoyalFidelity made a con s cious effort to get its affiliates $10 million preference share issue away before com p eting capital calls come to market. Lead among these is the $8 million Arawak Cay port initial public offering ( IPO), an equity issue likely to come to market in the last week of September, pendinga pproval of its offering mem orandum by the Securities Commission of the Bahamas (SCB I think the overall capital market is still relatively small, and its best not to have moret han one offering at the same time, because simultaneously they are likely to go after the same investors and split the market. Theyre less likely to be fully subscribed, Mr Anderson explained. Each transaction will have an impact on the other if they go simultaneously. That said, people know the Port offering is likely to come out in October some time, although no one knowst he date yet. Some people are already holding money to put into the Port transac t ion. Mr Anderson said the capital raising would both assist Fidelity Bank (Bahamas g rowth strategy and bolster its Tier 1 capital ahead of local implementation of thel atest Basle capital accords round. Once this takes place, the bank will be looking at hav i ng around 21 per cent Tier 1 capital, which is huge against the typical regulatoryr equirements, the RoyalFidelity president told Tribune Business. From an internal standpoint, it will really put the bank in a good place for the growth it intends to embark on. Tribune Business reported in July how Fidelity Bank ( Bahamas) was eyeing a record year for profitability, believing its second half results will be "as good orb etter than" the 2011 first half's $2.208 million net income. It is also targeting a n increased return on equi ty of 15-20 per cent in 2012. The 7.2 per cent or $15.352 million increase in its loan b ook during the 2011 first half, to $228.018 million, was more than the expansion ite njoyed during its entire 2010 financial year. shopping. Raymond Winder, managing partner at Deloitte & Touche (Bahamas b une Business that because a significant percentage of r esidents did the bulk of their goods and services purchases in Florida, the normal recycling of investment and salary dollars did not h appen where the Bahamia n economy was concerned. It was this loss of potential consumer spending that made it so hard for Bahamian start-ups and entrepreneurs to succeed, MrW inder said, as their customer base is much reducedby the lure of cheaper USbased products and services. Warning that it was virtually impossible to compete with Florida on price, t he Deloitte & Touche ( Bahamas) managing partn er urged Bahamian small b usinesses to target niche m arkets not served by their U S counterparts, or products that were price competitive because they weres ourced just as cheaply from nations such as China. Many Bahamians believe you can make small enterp rises, or create small enterprises, by merely providing funding, Mr Winder said. While the challenge for s mall businesses in the B ahamas is funding and high costs, being the cost ofr ent and utilities, and to s ome degree labour productivity, the real challenge for creating small enterprises in the Bahamas is the fact we are so close to the US. While we benefit from being so close to the US in the tourist industry, we also suffer from being one of the closest nations to one of the worlds most powerful countries, which has the ability t o reduce the cost of goods a nd services to low levels. T he sheer scale of US p opulation demographics, Mr Winder explained, meant that notwithstanding the Bahamas import dutydependent tax structure, this nations largest neighbour was able to command lower p rices based simply on the s heer volume of potential b usiness. Returning to his US proximity theme, Mr Winder told Tribune Business: This explains why one can have a tremendous amount of activity in our country, and v ery few jobs being genera ted, unless you are employed directly by foreign a gencies. The normal recycling of investment dollars that happ ens in most countries does not happen in the Bahamas, because the majority of Bahamians on an individual basis purchase a lot of t heir goods and services in the US. And he added: While it s ounds good that we should b e able to develop these s mall enterprises, they suffer primarily from a lack of suf-f icient activity in the Bahamas. If Bahamians were not shopping in Miami for goods and services, thousands of jobs would be created overnight, and hundreds of small businesses created. But it is very difficult to tell the average Bahamian that they shouldnt shop in Miami when they do incur sign ificant savings there. Most Bahamians earn a s alary in the Bahamas, and t hat salary would usually generate additional jobs in the economy because of the purchasing power of that salary. In the case of the Bahamas, that is lost, because those salaries go on s pending in the US, even C uba. I t was the consumer spending generated by those salaries that created the second tier small enterprises in the Bahamas, yet too much of it was leaking abroad. Mr Winder said this w as the key reason why, despite millions of dollars invested by the Bahamas g overnment, the small busin ess sector had failed to take off. E ven if the Bahamas altered its tax structure, resulting in reduced costs for business inventory, Mr Winder said it would remain virtually impossible to compete against Florida and US-based companies. W hile Bahamians feared t he arrival of Wal-Mart and o ther US companies in the Bahamas, the leadinga ccountant said these firms had no reason to come here as they were already receiving their fair share of Bahamian dollars. All these companies had to do was focus on providing quality, price competitive goods and services that were easily accessible by Bahamians either physically or online the latter having m ade it even easier for B ahamians to buy abroad. B ahamian entrepreneurs a nd policymakers had to appreciate and understand this, Mr Winder said, adding that they had to focus on either niche markets or sectors where they could compete on price with U S rivals. If were going to create s mall enterprises, Bahamian enterprises, we need to look for small niche markets that either are not present in the US, or goods and services that are price competitive, because they are comi ng from outside the US, h e told Tribune Business. We have to look to take a dvantage of the Port facilit y in Freeport as a means of gaining some competitive a dvantage. Focusing on another problem caused by the leakage of Bahamian dollars on imports, Mr Winder said: It i s very difficult to plan and budget for organisations in the Bahamas, even for those w ho have money or are l arge organisations. They find it difficult to predict what their salesw ould be based on normal factors, which are population shifts and population growth. While we may have a 300,000 population, their market would be considered less than that, simply because of the amount of goods and services purchased outside the country. As a result, many Bahamian small businesses and entrepreneurs find it impossible to survive under these conditions. BUSINESS T HE TRIBUNE MONDAY, SEPTEMBER 19, 2011, PAGE 5B THE COLLEGE OF THE BAHAMASVisit our website at www.cob.edu.bsApplications arecurrently being accepted to the Masters in Social Work Degree Programme atBARRY UNIVERSITY SCHOOL OF SOCIAL WORKin collaboration withTHE COLLEGE OF THE BAHAMASApplications can be obtained and resubmitted to: The College of The Bahamas The Office of Research, Graduate Programmes and International Relations Oakes Field Shopping Centre, Thompson Blvd.Application Deadline: September 30, 2011 For more information call: 397-2602 or send emails to: swisdom@cob.edu.bs FROM page one FIDELITY: OVER 70 PER CENT RAISED ON $1 0M OFFER US PROXIMITY UNDERMINING BAHAMIAN ENTREPRENEURS F ROM page one

PAGE 17

total value of Irene-related claims to be $3 million or less, with Insurance Compa-n y of the Bahamas (ICB l ooking at a similar figure in the low seven figure millions. This contrasted sharply with the revised estimates put out by AIR Worldwide,w hich reduced its initial $ 300-$700 million Bahamas insured losses total, given in the immediate aftermath of Irenes passage, to between $200-$400 million a figure t hat, according to Bahamian p roperty and casualty insure rs, remains totally out of left field. The episode showed how poor Bahamas-related catastrophe risk models were,s everal Bahamian insurance i ndustry executives said, adding that it also highlighted why the sector continued to press home the suitability and reliabilityof such techniques with the global reinsurance industry. Reinsurers use such models to determine how much they charge Bahamian carriers for hurricane-related reinsurance. G iven that the local industry buys huge amounts of reinsurance, it is the reinsurers who largely determine the annual premiumsp aid by Bahamian resident ial and commercial cust omers. Bahamas-based insurers have long argued it is unfair to lump this nation in with Florida, making no allowance for its geography and strict Building Codesr equiring properties to withs tand high-speed winds. Tom Duff, general manager of Insurance Company of the Bahamas (ICB Tribune Business: At the present time, were still receiving claims. Late claims are being reported from the islands of Eleuthera and Abaco, which is what we expected, given that there are a lot of second homea nd non-resident owners. Theyre still coming in, but were looking at figures in the low seven figure millions at the very tops, andh oping it will be less than t hat. If you take that, and t ranslate that to the other companies, some of which have slightly larger exposures, I still think the figure of $30-$35 million seems to be about right. A sked about AIRs figu res, something the risk modeller said had been adjusted in response to a damage survey and information provided by Bahamian insurers, Mr Duff replied: I dont know where these g uys are coming from. Im not surprised they came out with a high initial estimate, but by now Id have thought it wouldr eflect a more realistic figu re. So Im surprised theyre h olding on to that. Im totally shocked theyre coming out with such high figures. Mr Duff, whose ICB is the carrier through which BISX-l isted J S Johnson places m uch of its general insurance underwriting risks, said he would have expected AIR to do more testing and come up with a much more reliable figure. I cant imagine it will c ome anywhere near that, Mr Duff added of the $200$400 million estimate. I think that $30-$35 million figure will be on the mark. Steve Watson, RoyalStar Assurances managing direc-t or, noted that AIR had added the caveat that its $200-$400 million insured loss estimate included risks that may have been underw ritten by insurers outside the Bahamas, such as the Lloyds of London market. B ut, still expressing scepticism even with this taken into account, he added: That presupposes there is something like $200 million in insurance outside the Bahamas, and I just dont see it. There are not large r esorts, major risks, affected. M r Watson said RoyalStar was looking at a maximum $3 million in total insured c laims from Irene, and the final outcome could well be lower. He agreed that theB ahamian industry was likel y to be facing $30-$40 million in total insured losses. It shows how poor the m odels are, but these mod els determine our pricing, and were in constant dial ogue with the reinsurers a bout the suitability, reliability and adequacy of the models being used for the Bahamas, Mr Watson told Tribune Business. P atrick Ward, Bahamas F irsts president and chief e xecutive, said of the AIR numbers: I can say without fear of any valid contradiction that that number is totally out of left field. Id ont know what data set t heyre relying on. In its latest report, AIR estimated that insurance penetration (take-up for the Bahamas meant that, as a national average, 80 per c ent of residential propert ies and 90 per cent of commercial properties in this nation had hurricane insurance. These penetration rates, though, varied widely between islands, with NewP rovidence and Grand Bahama skewing the national average. AIR said its research indicated that hurricane insurance penetration r ates stood at 20 per cent for residential properties, and 25 per cent for comm ercial properties, across the Family Islands. The exception was Abaco, wheret he take-up rates for residential and commercial properties were 45 per cent and 50 per cent, respectively. I n response to AIRs take-up estimates, Mr Ward s aid Bahamas First measured take-up rates as a percentage of the economys g ross domestic product (GDP ty and casualty premiumsp aid annually in the B ahamas standing at $330$350 million, the penetration rate was a little more t han 5 per cent of GDP. The only other Caribbean country that matched up to t he Bahamas on penetration r ates was the Cayman Islands, Mr Ward adding that this nations take-up was partly explained by the relatively high price of cata-s trophe perils coverage. W hile unable to verify t he veracity of AIRs takeup estimates, Mr Ward disagreed with the blanket approach taken in regard to the Family Islands. Ther ates, he said, were all diff erent, with Exuma and Eleuthera having higher percentage take-up than islands further south. At ICB, Mr Duff said that while he did not have any h ard data on this area, the r isk modellers figures were likely not too far off the mark. But its a subjective thing and weve not really tested it, he told Tribune Business. We all know that ins ome of the Family Islands, where some of the properties are made of light, flimsy construction, youd expecta good percentage of those p eople not to insure. It wouldnt surprise me if the penetration rate in the i slands would be less from that point of view, because youre dealing with a lot ofl ow grade construction. Mr Duff, though, pointed out that all mortgage lenders required the borrowers to take out catastrop he insurance, something that ensured penetration r ates remained high. RoyalStars Mr Watson added of AIRs take-up estim ates: I dont know if the percentage is right, but we know the take-up rate in theF amily Islands is lower with t he exception of Abaco, because of the second homes. As you go further south, the take up rates get lower and lower. BUSINESS P AGE 6B, MONDAY, SEPTEMBER 19, 2011 THE TRIBUNE THE COLLEGE OF THE BAHAMASVisit our website at www.cob.edu.bsC OURSE OFFERING: BEGINNING OCTOBER 3, 2011CONVERSATIONAL HAITIAN CREOLE I & II C ONVERSATIONAL FRENCH I CONVERSATIONAL SPANISH I, II & III ENGLISH AS A SECOND LANGUAGE I & II PRICE: $ 300.00 per course LOCATION: CEES Bldg. Moss Road R EGISTRATION FEE: $40.00 PLEASE CALL US TO CONFIRM DAYS AND TIMES F OR THE COURSES TELEPHONE: 302-4584 or 325-5714/328-0093 E -MAIL: ilci@cob.edu.bs &20021:($/7+)+(%$+$0$6 ,1+((0(&2857 &20021/$$1'(48,7<',9,6,21 ,17+(0$77(5 RIWKH3URSHUW\FRPSULVHGLQ DQ,QGHQWXUHRI0RUWJDJHGDWHGWKH WK GD\RI 1RYHPEHUDQGPDGHEHWZHHQ.HQGULFN 5ROOHDV%RUURZHUDQG)LUVW&DULEEHDQ,QWHUQDWLRQDO %DQN%DKDPDVf/LPLWHGDV/HQGHU $1',17+(0$77(5 RIWKH&RQYH\DQFLQJDQG /DZRI3URSHUW\&KDSWHURIWKH5HYLVHG 6WDWXWH/DZVRIWKH&RPPRQZHDOWKRI7KH %DKDPDV %(7:((1 ),567&$5,%%($1,17(51$7,21$/%$1.%$+$0$6f/,0,7(' 3ODLQWLII $1' .(1'5,&.//( 'HIHQGDQW 127,&()+(,*,1$7,1* 7 .(1'5,&.//( WK 6WUHHWWKH*URYHDVVDX7KH%DKDPDV 7$.(127,&( WKDWDQDFWLRQKDVEHHQFRPPHQFHGDJDLQVW\RXLQWKH 6XSUHPH&RXUWEHLQJ$FWLRQRI ),567&$5,%%($1 ,17(51$7,21$/%$1.%$+$0$6f/,0,7(' LWV&ROOHFWLRQVHFRYHU\ 'HSDUWPHQWVLWXDWHDW,QGHSHQGHQFH+LJKZD\1DVVDX7KH%DKDPDVLQZKLFK WKH3ODLQWLILVFODLPLQJGHOLYHU\XSRISRVVHVVLRQRIWKHPRUWJDJHGSUHPLVHV GHVFULEHGLQDQGPDGHSXUVXDQWWRWKH'HHGRI0RUWJDJHGDWHGWKH W K GD\RI 1RYHPEHUDQGPDGHEHWZHHQ\RXDV%RUURZHUDQG)LUVW&DULEEHDQ ,QWHUQDWLRQDO%DQN%DKDPDVf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page one

PAGE 18

T T H H E E S S T T O O R R I I E E S S B B E E H H I I N N D D T T H H E E N N E E W W S S M M O O N N D D A A Y Y , S S E E P P T T E E M M B B E E R R 1 1 9 9 , 2 2 0 0 1 1 1 1 SAFE PUBLIC TRANSPORT IS A BASIC RIGHT By TANEKA THOMPSON Deputy Chief Reporter tthompson@tribunemedia.net P icture this. It's 7 am and your car won't start. You have just two hours to get to work and no time to fiddle under the hood and hope for a miracle. As the minutes tick by, bumper to bumper traffic forms and you have to make a decision. So you walk out to your street corner to catch a jitney. As you amble down the road, you see three buses speed by, one overtaking the other in a feeble attempt to be first on the route and pick up the most fares. You make a run for it, after all you're just 50 feet away from the main road, and holler for one of the buses, waving your arms wildly, hoping a driver will notice you. None of them do. And so you wait on the corner, out of breath on the "bus stop", for 15, 20, 30 minutes, whenever another jitney decides to pass your way. You end up late for work, hot and upset, with no one to complain to. This is just one of many frus trating realities residents of New Providence face everyday no matter their colour, creed or background providing they have the unfortunate luck of having to rely on irresponsible jitney drivers as their primary mode of transport. Wanton disregard of the law For too long bus drivers (not all of them but most) have been allowed to careen through New Providence's tiny, crowded streets disregarding general rules of the road and treating passengers like cattle. Many of them run red lights, create a third lane on a two lane road, bully other motorists, stop suddenly and repeatedly any where they want to, fail to pull on the side of the road to let passengers exit and enter and compete with each other with such ferocity that it wouldn't surprisem e to see two of them fist-fighting in the street over a lost fare. They often ignore bus routes which are thought unprofitable forcing residents who dont live in heavily populated urban areas to trek for miles before they finda bus. A nd stories of recklessness and violence in the industry are endless. In 2001, police investigated reports that a bus driver drank beer while passengers watched. The next year, a mother and her young son were threatened by a cutlass wielding jitney driver for not paying a $2 fare. Faith Mackey, 6, was killed in March 2006 by a jitney driver who was overtaking another vehicle while driving on Carmichael Road. In January 2007, the Road Traffic Department said it was investigating bystanders claims that a bus driver hit a cyclist and then drove away. Two years later, the driver of an out of control jitney that crashed near Nassau Harbour ran off, leaving his damaged bus and hurt passengers behind. I am sure many more incidents have gone unreported. All of this makes me wonder if our leaders feel that Bahamians who use jitneys by choice or necessity are not deserving of reliable, orderly public transport without the immediate threat of insult or injury. The Industry According to the Department of Road Traffic, there are 230 licensed jitneys servicing 20 to 22 routes. And there are dozens of persons who own franchises but are not actually on the road. This has made it difficult to bring them on one accord. "First of all the way in which the industry emerged was notr ational. You have hundreds of individual owners or owners of two or three plates that in itself hinders operating a rational sys tem, said Glenys Hanna-Martin, former minister of transport who worked with bus drivers and fran-c hise holders to develop a plan t o weed out the industrys flaws before her term ended in 2007. "Either they have the franchise and they are not on the road or they lease it out to people who pay a price on a monthly basis which is not allowed and so you have that sort of disconnect from the franchise holder and the person on the road. Drivers who dont own their bus but pay a leasing fee often have a daily quota to make which fuels the mayhem on our citys streets as each is more desperate than the next to make a buck. "There is intense competition which leads to some of the stuff we see on the road, said Ms Hanna-Martin. Promises of Change As far back as 1992, the country's leaders toyed with the idea of overhauling the public transport system to bring drivers and jitney franchise holders under a unified system. In 1995, consultants from a Canadian company were hired to assess transportation problems in the capital. Back in 2006, jitney drivers and bus franchise owners called on Government to implement a unified bus system to bring all bus operators under one entity in which private owners and the state would have a stake. That same year, then Governor-general Arthur Hanna, in his Speech from the Throne, said the PLP government would bring legislation to Parliament to create a unified bus system. And despite announcements in 2006 and 2007 that the plan wasb eing "fine tuned" by the Christie administration nothing concrete ever materialised. Ms Hanna-Martin said the par ty ran out of time. "We engaged a consultant to help us make sense of this situa-t ion. He worked at length, he was h ere for a long time. The industry agreed in principle to the process and the concept. The question was, how could it be achieved in these circumstances? Their plan was to create a government regulated and managed bus company but allow franchise owners to purchase shares in the entity. It would take away the competition so there would be no advantage, routes would not be unprofitable, said the former transport minister. When the FNM returned to power in May 2007, the party con tinued with plans to change the industry. If in the next 30 months we don't get a significant portion of the public using public transport to get to and from, we will have spent a million dollars on repairing roads and still be stuck in traffic and that's what we're trying to avoid," said then Minister of Works Earl Deveaux in June 2008. In August 2009, Minister of Works Neko Grant said government was "looking" at implementing a unified bus system although plans for it were still in the early stages. A final report on the bus system was submitted to officials last year, The Tribune was told. S S E E E E p p a a g g e e 8 8 B B


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