Citation
The Tribune

Material Information

Title:
The Tribune
Uniform Title:
Tribune (Nassau, Bahamas)
Portion of title:
Nassau tribune
Place of Publication:
Nassau, Bahamas
Publisher:
Tribune
Publication Date:
Copyright Date:
2008
Frequency:
Daily, except Sunday
daily
normalized irregular
Language:
English
Physical Description:
v. : ill. ; 58 cm.

Subjects

Genre:
newspaper ( sobekcm )
newspaper ( marcgt )
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
Holding Location:
University of Florida
Rights Management:
This item was contributed to the Digital Library of the Caribbean (dLOC) by the source institution listed in the metadata. This item may or may not be protected by copyright in the country where it was produced. Users of this work have responsibility for determining copyright status prior to reusing, publishing or reproducing this item for purposes other than what is allowed by applicable law, including any applicable international copyright treaty or fair use or fair dealing statutes, which dLOC partners have explicitly supported and endorsed. Any reuse of this item in excess of applicable copyright exceptions may require permission. dLOC would encourage users to contact the source institution directly or dloc@fiu.edu to request more information about copyright status or to provide additional information about the item.
Resource Identifier:
09994850 ( OCLC )

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Full Text


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Volume: 105 No.6

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BAHAMAS EDITION

THURSDAY, NOVEMBER 27, 2008

~ lestroyed in ‘arson’ attack

Woman in task force

investigating corruption
loses house



i By MEGAN REYNOLDS

_ Tribune Staff Reporter

A CUSTOMS officer at the
forefront of a task force inves-
tigating corruption lost her


















PCTS

Says lawsuit ‘totally |

without merit’

THE Bank of the
Bahamas yesterday dis-
misseda lawsuit filed against
the financial institute as
“totally without merit.”

The bank is being sued
by‘a broker for more: than
$200,000, funds that are
alleged to be “missing.”

In an originating sum-
mons filed last week in the

_ Supreme Court, Bank of the
Bahamas Limited and Dar-
rel Bartlett are named as
first and second defendants
in an action taken by True

SEE page 14

in fire

house in a fire ignited in.a sus-

pected arson attack yesterday...
Roslyn Ritchie and hér team

believe the attack was directed
at her because she has been

prominent in the effort to root —

out corruption in the customs
department and prevent tax
fraud.

Neighbours claim to have
seen a red car pass the house
Mts Ritchie shares with her hus-
band and three children in Sea
Link Drive, off East Street
South, at around 1pm. They
alleged within minutes the

house burst into flames.

Mrs Ritchie wept as firefight-
ers continued working to extin-
guish the blaze, which had
reduced the house to a smoul-
dering shell four hours after it
had started.

She said: “I built this house

brick by brick. Our house was a
labour of love and now it’s gone
because people don’t want to
be honest and they don’t want

SEE page 16

_ PLEASE NOTE that, due
‘to the Thanksgiving holiday
_in the US, there will be no
USA Today section i in may $
; Pobre an :



STA teanet sya

aorta) ft ad



A FIREFIGHTER stands in what's left of Customs officer Roslyn

Ritchie’s home yesterday.

-Paul Moss ‘one step closer’
to representing St Cecilia

fH By PAUL G TURNQUEST
Tribune Staff Reporter
pturnquest@tribunemedia.net

HAVING won a position on

the PLP’s National General
Council, attorney and local
activist Paul Moss said he is one
step closer to representing St
Cecilia whenever the next gen-
eral election is called.
Officially joining the party in
June last year, Mr Moss has

spent a substantial amount of,

time, money and energy in the
St Cecilia constituency.
“This is a labour of love, and



that is what is required. You
have to understand that the pol-
itics of the Bahamas has
changed, and it has been accel-
erated by the many thousands
of Bahamians who observed the
primaries of the US elections.
“T think Bahamians now
understand that when people

come to them they cannot be

any longer that you are coming
singing the same song; you have
to bring a message that touches
or concerns the people so that
they can understand the direc-

SEE page 14



ne TRIBUNE



P.O.Box N3723
Tel:326-1875



Union president ©
ae BTC workers

planning t

By CHESTER ROBARDS
Tribune Staff Reporter



PRESIDENT of the
‘Bahamas Telecommunications
and Public Workers Union
denied claims yesterday that
BTC workers planned to

-demonstrate to protest the sus-

pensions of 47 of their col-
leagues.
BCPOU President Robert

0 protest

Farquharson, though, ahined
yesterday that the union plans
to file a trade dispute against
the corporation.
' However, he:said, protests
may occur as the union goes
through the process of ques-
tioning BTC’s right to conduct
the suspensions and pay cuts;
in accordance with the indus-

SEE page 16

Labour Dept moving to ensure .,
jobs are offered to unemployed.
Bahamians before foreigners

@ By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

THE Department of Labour is taking
increased measures to ensure jobs offered to
foreign nationals who require work permits
are first offered to unemployed Bahamians,
Minister of Labour Dion Foulkes said yester-

day.
SEE page 14

Diet panes



— Glaim that the PLP is struggling to control —
supporters’ resentment towards party leaders

By PAULG
TURNQUEST
Tribune Staff Reporter
pturnquest@tribunemedia.net

‘THE PLP is struggling to
control growing resentment
supporters are expressing
towards its leaders for their
alleged “laid back approach”
in combating government

THE WINTER ‘edition of
Passport to Paradise magazine,
which is part of USAToday’s

international edition, will be pub- |

lished tomorrow.

both inside and outside the
House of Assembly.
Yesterday, party supporter
Omar Archer hit out at the
Opposition’s leader of busi-
ness in the House, Dr Bernard
Nottage in a series of e-mails
copied to the party’s higher

SEE page 23



The magazine has grown to 52 [a

pages packed with diverse fea-
tures, including tips for festive
shopping in. Nassau, recipes for
local cocktails, a history of
Junkanoo, what’s hot and what’s
not and much more.

Also, cover girl Rachael Carr
talks about her love for the

_ Bahamas and being a body dou-

ble.to stars such as Kylie Minogue

__ Pl (242) 225-2576

p. feat Shred eutt ot Andras Running) §
alan: jarsgnsScoratvenvy,



and Christina Aguilera!
Passport to Paradise will be
included in the USATODAY
newspaper that is distributed
room-to-room at Atlantis, Ocean
Club, Comfort Suites, Sandals,

-the Hilton, the Sheraton and

major hotels this weekend and
every weekend through January.









PAGE 2, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE



Mn in
Oln brief



Bal for man accused of killing his brother

A MAN accused of killing his brother last week has been
granted $10,000 bail.
Jermaine Francis, 29, of Wilson Tract appeared in Magistrate’s

Court last Tuesday charged with manslaughter in the stabbing |

death of his brother, 25-year-old Tamarl Johnson.

Francis appeared before Magistrate Guillimina Archer at
Court 10 in. Nassau Street on Tuesday, where he was granted

$10,000 bail with two sureties.
Francis is being represented by attorney memodn Farquharson.
The case has been adjourned to February 17, 2009.

@ EMBASSY CLOSURE ;
IN OBSERVANCE of the Thanksgiving Day Holiday, the
United States Embassy will be closed today.

The Embassy will resume normal business operations i

on Friday, November 28 at 8am.

@ EX-WIFE OF POLICE OFFICER JAILED FOR 14 DAYS

A JUDGE yesterday ordered that the ex-wife of a police offi-

cer be imprisoned for 14 days.

After hearing the evidence submitted by Chief Inspector i
Justice Stephen Issacs. ordered: :
Denice Simmons - the chief inspector’s former wife — to spend 14 :

Robert Simmons,
days in Her Majesty’s Prison for contempt of court.

Mrs Simmon’s two week sentence will begin on December =
2008.

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Tribune and Guardian
embracing digital era

LEADING Bahamian dailies
The Nassau Guardian and The
Tribune are putting new empha-
sis on digital media develop-
ment. The Nassau Guardian’s
current website is undergoing a
complete overhaul and The Tri-
bune will soon be available
online for the first time.

“Both of these newspapers
have been providing the
Bahamian public with the infor-
mation and news they need for
more than 100 years, but it is
clear that to maintain our lead-
ing edge, we must take this
step,” said Eileen Carron, Pub-
lisher of the Joint Operating
Agreement between The Nas-
sau Guardian and The Tribune.

Bahamian journalist Jessica
Robertson has been brought on
board to steer the Group’s dig-
ital media projects. As online

‘editor, she is working on the

development of the newspaper



JESSICA ROBERTSON has been
brought on board to steer the
Group's digital media projects.

websites and will be working

with journalists at both papers
to generate multimedia projects
for their respective websites.

_ Ms Robertson Has a Masters
degree in International Jour-
nalism from City University in
London and has worked locally
in print, radio and television
news and with international
media organisations, including
The Associated Press, the BBC
and CNN. She also brings six
years experience in the Bahami-
an marketing and public rela-
tions industry.

The Nassau Guardian has had -

_ aweb presence since 2004, but

the new site will provide its vast

local and international audience

with enhanced content and

‘improved navigation.

“No Bahamian media organ-
isation has truly harnessed the
potential ofthe internet, so it
is exciting to explore “the options
we have for the new site.

“We have analysed the sta-
tistics for our current site

(www.thenassauguardian.com)

and that gives us indisputable .

evidence that there is a high
demand for Bahamian news
and information in this format,”
said Anthony Ferguson, Presi-
dent of The Nassau Guardian.
In- addition to providing new
content presented in different
ways, the sites will incorporate
some revolutionary tools adver-
tisers will be able to use in order
to reach their target audience.
Digital media development is

‘a key area where the two news-

papers have been able to realise
efficiency and.economies: of
scale offered by the Joint Oper-
ating Agreement while main-
taining the same editorial inde-
pendence the newspapers have
had since they joined forces in

2007."

The high tech websites are
currently under construction

_ and the group is anticipating an

early 2009 launch date.

Nassau set for Thanksgiving monn ng us |

THE city of Nassau will.be decorated
with festive lights and echo with seasonal
sounds as tourism and city officials present
the Thanksgiving and Christmas festivals

for residents and visitors over the next'sev-_

eral weeks.

The Downtown Thanksgiving Festival is
scheduled for November 27-29 and the
-Christinas Festival will run from Decem-
ber 2-24.

“The objective of the festivale is to pro- «

vide a number of quality and exciting cul-
tural, events .and:activities for visitors and

locals alike during this important season.

-and increase direct visitor expenditure,”

said Christine Ferguson, the senior man-°
ager organising events on behalf of the Min-

istry of Tourism and Aviation. .
“Visitors can look forward to a fun-

packed programme of activities and events

giving them a chance to experience the sea-

son in a relaxed, happy and safe environ- -

ment.”

Organisers have called on a variety of
entertainers and special service providers to
complement the holiday shopping of down-
town Nassau. Activities in Rawson Square
and other designated areas will include rake
*n scrape sessions; junkanoo rushes, carol-

ing, sutrey rides, authentic Bahamian craft -

displays and sales, and performances by the
Royal Bahamas Police Force and Royal

centrally located distribution base,

for more information call 327-8681, fax 327-8214, e-mail info@ bah amaslogistic.com or

visit www.bahamaslogistic.com.





Bahamas Defence Force Bands.

The Thanksgiving Festival. will bring a
distinct décor to the downtown area as Bay
Street will be adorned with a mixture of
traditional North American trappings and
Bahamian harvest ornaments. ‘The Thanks-
giving Festival will also bring a Farmer’ s

- Market to Rawson Square.

Immediately afterward, the downtown

- district will be transformed with Christmas

paraphernalia and events. The national tree-
lighting ceremony will set the Christmas

other parts ‘of New Providence and the
Family Islands:

Other Christmas Festival events include
the Student Christmas Carol Competition.
Choirs, soloists and small groups will pre-
sent Christmas carols in the form of a com-
petition and against the backdrop of a mini
fair on Thursday, December 4 on the lawn
of Collins House, the National Museum, at

‘ 7pm.

Christmas Holiday Open House will be
held on December 13 at the Balcony House
Museum on Market Street from noon to
8pm.

‘Readings and music for the season; food
and crafts will be presented at the historic
building.

Call



‘No official word on

“outcome of customs
investigation —

_ THERE is still no official word from
the Department of Customs on the out-
come of an investigation into a high-

evaded paying customs duties on goods
shipped to Nassau in his name.
A little over a week ago, Comptroller

_ of Customs Anthony Adderley said the

‘Festival in-motion on: December 2iat ||
7.30pm. The event will be: held in‘Rawson‘
~ Square. Similar ceremonies:will be held-in-}- -

‘ (the customs officer) to be off the job.""
Attempts were made to contact Mr

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investigation was to conclude on Novem-
ber 17 and if the officer was found cul-
pable, the matter would be forwarded to
the Public Service Commission.

However, subsequent attempts to
secure comment from Mr Adderley on
the findings of the probe proved fruitless
as multiple calls to him over the last
- week have not been returned. .

One entrepreneur who contacted The
Tribune claimed he was "furious" to see
the officer on duty, with a weapon, and
not,on desk- -duty, wag cleared of the
> charges; °



tanking customs officer. who allegedly ©

. In, early. October, ‘Assistant Comp-

‘troller Clifford Ferguson said the officer
in question was restricted to desk duty
pending the outcome of the probe.

But in a recent interview, Comptroller
Adderley said there "was no need for

Ferguson, but he was said to be on vaca-
tion.

The officer came under investigation
in September for allegedly "abusing"
his authority by trying to evade duties on
goods shipped in his name.

He allegedly demanded that a ship-
_ ping agent delete his name from a cargo
* manifest.







CAR & HOTEL

j





THE TRIBUNE

THURSDAY, NOVEMBER 27, 2008, PAGE 3





In brief

Man in court
on attempted

murder charge

A 31-YEAR-OLD man was

arraigned in a Magistrate’s Court ;
yesterday on an attempted murder :

charge.

Dion Alvin Brown of Fawkes }
Court was arraigned before Magis- :
trate Derrence Rolle in Court Five :

in Bank Lane.

According to court dockets, it is
alleged that on Wednesday, ;
November 19, Brown attempted to ;

cause the death of Codero Rolle.

It was also alleged that on the
same day, Brown was in possession :
of a handgun with intent to endan- ;

ger Rolle’s life.

Brown, who was represented by
lawyer Milton Cox, was not:

required to plead to the charges.

The prosecution objected to }
Brown being granted bail, telling :
the court that the accused is await- :
ing a retrial on charges of murder :

and attempted murder.

Mr Cox contended, however, :
that his client had no cases pending :
against him. Brown was remand- }
ed in custody and is expected back }

in court on November 28.

@ TWO men and a woman, }
charged with possession of $22,000 :
worth of marijuana, were arraigned : °
in a Magistrate’s Court yesterday. ;

_Tamaico Oneil Wallace, alias :
Temeco Oran Wallace, 23; LeVar }
Kenran Boyd, 18, of Hutchenson }
Street and Samantha Zelaya, 22, :
of Miami, Florida, were arraigned :
before Magistrate Carolita Bethel :
in Court Eight, Bank Lane yester- }
day on the charge of possession of :

marijuana with intent to supply.

According to the prosecution, }
the accused were allegedly found in :
possession of 22 pounds of mari- :

juana.

changed his plea to guilty.

The accused were remanded to
Her Majesty’s Prison and the case }
was adjourned to December S for a :

bail hearing. ;

Six crime Bills

passed in Senate

THE Senate passed six crime :

Bills in the upper chamber yes-
terday, .
“After a full day of debate,

Senators passed. the Trafficking : i
in Human Persons and Sup- :
pression Act; An Act to Amend i
the Sexual Offences and Domes- :
tic Violence Act and for Inci- :
dental Matters; An Act to Pro- }
vide for the Establishment of a }
‘System of Plea Discussions; An :
Act to Amend the Mental
Health Act; Afn Act to Amend }
the Penal Code; and An Act to:
Amend the Criminal Procedure :

Code.

The passage of these bills into :
law are evidence of the govern- :
ment's "ongoing and continuing :
effort to fight against crime and }
our attempt to make more effi-:;
cient and cost effective the fight :
against criminal activity," Attor-
ney General Michael Barnett :
said yesterday as he introduced }

the Bills.

The new laws allow, in part, :
for the implementation of elec- }
tronic monitoring as an alterna- :
tive to imprisonment in some :
cases, or for the surveillance of a }
convict for a period of time after :
release from prison, as a way to }

alleviate prison overcrowding.

Under the new laws, a provi- }
sion for a sexual offenders reg- :
istry and a system of plea bar- }
gaining will also be established. :

BEC says broken
cable led to.
power outage

OFFICIALS from BEC :}
claim a broken cable led to the :
power outage that affected :
more than 200 residents in }
eastern New Providence yes i

’ terday morning.

According to BEC deputy :
general manager Anthony }
Forbes, at around 9.35am dur- :
ing the replacement of an elec- :
tricity pole on the Eastern :
Road by BEC workers, a pow- }
er cable was accidentally dam- }

aged.

rounding area.

Mr Forbes said power was }
eventually restored at around :

12.45pm.

He apologised for the incon-

venience to the public.

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Boyd and Zelaya pleaded not }
guilty to the.charge. Wallace ini- ;
tially pleaded guilty to the charge, :
claiming that he had the drugs to :
smoke, however, Magistrate Bethel :
did not accept his explanation and :

Mr Forbes explains that this :
resulted in a power cut affect- :
ing dozens of houses on the :
Eastern Road and in the sur- :

Senate passes human
trafficking Bill, electronic
monitoring amendment

@ By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

THE Senate passed govern-

‘ ment's Bill to prevent and sup-

press human trafficking and an
amendment to the penal code
that allows electronic monitor-
ing and creation of the Accesso-
ry after the Fact offence.

While giving their support to
both Bills, some opposition sen-
ators questioned the viability and
sustainability of electronic mon-
itoring due to the fact that it
would be powered by the
Bahamas Electricity Corporation,
which is notorious for frequent
power outages.

Opposition senators also point-
ed out that the type of electronic
monitoring and the specific cost
of implementation of the pro-
gramme were absent from the
Bill.

‘Session |

During the morning session of
the upper chamber, Attorney
General and Minister of Legal
Affairs Michael Barnett moved
two bills: An Act to Facilitate the
Bahamas Fulfilling Obligations
Under the United Nations Pro-
tocol Respecting the Trafficking
in Persofis and to Provide Com-
prehensive Measures to Combat

That Activity; and An Act to’

Amend the Penal Code, which
includes the provision of. elec-
tronic monitoring and establish-

ing the offence of Accessory after
the Fact.

The first Bill would find "any-
one who engages in or conspires
to engage in or attempts to
engage in or assist or otherwise
facilitate another to engage in
trafficking in persons" liable to
conviction in the Supreme Court
and a prison term of not less than
five years and a maximum term
of life.

The Act also provides for the
forfeiture of the assets of a per-
son convicted of the crime of traf-
ficking, if the assets were used
or intended to be used in or
obtained from the proceeds of a
crime. It provides for the com-
pensation to persons who are vic-
tims of human trafficking and
contains provisions for providing
assistance and protection to vic-
tims of trafficking.

"Because of its proximity to
the US and the archipelagic
nature of the country, the
Bahamas is particularly vulner-
able as a venue for the trafficking
of humans. This has been
described as the second largest
criminal enterprise in the world.
Its perpetrators are ruthless and
they have no respect for the dig-
nity of the person or the value
of human life. It is imperative
therefore that we provide a rea-
sonable degree of safety for those
persons including the ability for
the proceedings to be in camera
where the victim is a child, been
traumatised, or was a victim of
sexual abuse," said Mr Barnett.

The Bill facilitates the coun-

try's obligations under the Unit-
ed Nations protocol concerning
the trafficking of persons, and
provides comprehensive mea-
sures to combat that activity.
Under the Penal Code
Amendment, when a person is
convicted of an offence where he
is liable for up to three years
imprisonment or more, a court
may require that person be
supervised for up to five years
after release, or part of the time
be spent outside prison, but sub-
ject to electronic monitoring by
police.

Judge

If someone is convicted of an

. offence liable to less than three

years imprisonment, a judge can
order electronic monitoring
instead of incarceration. The Bill
also gives a judge this option as a

condition for granting bail to cer- |

tain persons charged with an
offence punishable by three or
more years.

"The far reaching conse-

quences of this Bill cannot be -

underestimated. Fox Hill Prison
is overcrowded and the society
may be better served if some of
its inmates were released from
prison but are restricted in their

-liberty. In some.cases, the society

will be better served if some per-
sons convicted of offences are
not sent to Fox Hill Prison, but
nonetheless have their liberty
restricted in some meaningful
fashion," Mr BETHEL said.

Energy efficient lightbulb | can
cut consumer bills in half?

@ By LLOYD ALLEN
. Tribune Staff Reporter

WITH many Bahamians having to deal with
exorbitant electricity, bills over the past few
months, a local company claims that the intro-
duction of an energy efficient lightbulb can cut
consumer bills in half, and can save BEC millions

in annual oil imports.

: Elton Smith of the Wind, Sun, Water (WSW),
+4.~Company told The Tribune yesterday that his com- ;

pany ‘with Canadian: based,Nouvel: ID; have been:::
» .approved by, BEC to test energy efficient. street .
‘lights over the next three months.” . |.

Mr Smith said that the Light Emitted Diode -
(LED) mask heads that are being tested use half as
much energy and cover a wider area than the high
pressured sodium (HPS) bulbs currently in use.

He said. HPS bulbs use between 150 to 450 watts

of power a night.

However, the LED bulbs require only 128 watts,

and can last up to 17 years.

The tests, which are being conducted in the
areas of Baillou Hill Road, Tucker Road and
Goodman’s Bay, involve three lights in each loca-
tion, which will be periodically monitored by BEC’

and WSW representatives.

In addition to the energy efficient technology
being introduced, Mr Smith noted that “a project
of this size can possibly provide a considerable

number of jobs in the Bahamas.”

With WSW being one of the more than 30 com-.
panies bidding for an alternative energy contract
with BEC, Mr Smith said that if his company is
successful, there would be a need for engineers,
electricians, and field monitors to maintain future
facilities in New Providence and the Family ©

Islands.

Vice president of the technologies, Norman
Poliquim, said the system that is being proposed
has only recently. become available. The Bahamas
is only the second country in the hemisphere, after

Canada, to try it.

Mr Poliquim added that based on current rates
issued by BEC, the incorporation of a similar bulb

AS
{




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PAGE 4, THURSDAY, NOVEMBER 27, 2008

EDITORIAL/LETTERS TO THE EDITOR

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.) LL.D., D.Litt. ,

_Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

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

More than a ‘financial crisis’ — it’s a depression

WASHINGTON — Few prominent
economists will say it, but to me it looks
and feels like we are in another Great
Depression or a reasonable facsimile.

The current meltdown is dubbed a
“financial crisis.” But a rose by any other
name would still inflict the same hardship
and suffering on most people and busi-
nesses.

Clearly, the lessons have not been
learned from the Herbert Hoover era.
Nobel Prize-winning economist Paul Krug-
man, a columnist for The New York Times,
says the current banking crisis is “func-
tionally similar to that of the Great Depres-

“Many of the symptoms” are the same,
including the impotence of monetary poli-
cy — like cuts in interest rates — that has
not halted the economic downturn.

Typically, the current Republican admin-
istration has acted first to bail out the col-
lapsed financial industry, with few strings

attached. Belatedly, the government now -

-has come up with an $800 billion pro-
gramme for hard-pressed average Ameri-
cans to make it easier to get loans for

homes, cars and education or borrow .

through credit cards.

The moves evoke the old quip on Capi-
tol Hill: “A billion here and a billion there
and pretty soon you are talking about real
money.’

The big three auto-makers — on the

verge of collapse — won little or no sym-_

pathy from the. nation’s lawmakers in a
recent appearance before Congress. They.
wil. be: back again next week to make their
appeal along with some representatives of
the United Auto Workers union.
Thousands of workers.at auto-assembly
plants in Michigan and at car-parts suppli-

ers in the Midwest are losing their jobs. -
No one is predicting a quick turn around:

from Detroit’s 9 per cent unemployment
rate.

Former Energy Secretary Spencer Abra-
ham, a former Republican senator from
Michigan, said in a New York Times opin-

ion column that allowing the auto industry.’

to go into bankruptcy would be a “disas-
trous course.”
Thousands of Americans would be



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forced on “the rolls of Medicare and Med-

icaid, costing billions of dollars,” he said.

President-elect Barack Obama has
promised a “strong Wall Street and a
strong Main Street” if his multi-billion-dol-
lar stimulus package is adopted after he
takes office on Jan. 20. In a radio address
Saturday he promised the creation of 2.5
million new jobs, following Franklin D.
Roosevelt’s recovery blueprint for needed
public works projects.

After speaking by phone to President
Bush on Monday, Obama told a news con-
ference: “We have to do everything we
can to keep.the financial industry work-
ing.”

He also named his economic policy team,
many of them familiar from the Clinton
era, which prompts the question: Where
is the change that Obama promised in his
presidential campaign?

It’s all going to get worse, according to
the experts. We have had recessions before
but nothing like'this, with massive layoffs,
hundreds of foreclosures, retail stores clos-
ing, stock market losses, and widespread
fears about the future.

I grant you I have yet to see former
wealthy men selling apples on the street
corner as I did during the Great Depression
in the early 1930s but the current uncer-
tainty is cause for worry.

And the outlook for a return of con-
sumer trust in the market is bleak at this
time.

Obama told reporters: “The truth is, we
don’t have a minute to waste.

“With our economy in distress, we can-
not hesitate and we cannot delay.

“Our families cannot keep on waiting
and hoping for a solution.”

Obama will have the customary honey-

moon and some political running room, at ©

least at the start.

But he has to move fast to restore confi-
dence in the market place and trust in the
banking system.

His heady presidential campaign is over

_ but prosperity is not just around the corner.

(This article was written by Helen Thomas

¢.2008 Hearst Newspapers).
















Monday -

ORALEE’S FASHIONS

is having a
Pre-Christmas Sale
with 10% Off Storewide until
‘December 3rd, 2008 and
selected items up to 50%Off

Mackey Street « Telephone: 393-0744
Saturday 9:00am - 5:30pm

America must
be restored
as quickly as
possible

EDITOR, The Tribune.

I believe what is to be will be. It

_ is time for a change and we must

thank outgoing President George
Bush for helping to bring about
the change.

America was the world’s lead-
ing country and President Bush
wants to keep it that way. He
worked very hard, but he went
about it in a very bullish manner
and lost badly.

Because of his attitude, this
once great nation is nearing the
bottom of the pit.

Someone had to rise up and

move quickly to save what was °

known as the world’s greatest
nation; that person seemingly is
Barack Obama who already has
shown incredible leadership capa-
ble of bringing together the peo-
ples of the world, and loved by






Dawes

letters@tribunemedia.net

all. He is very young, cool, calm
and collected and fearless; and
unafraid to reach out to leading
politicians on both sides of the
aisle, and say to the big boys of
America, come and let us reason
together.

America must:not fail and
therefore must be restored and
quickly so.

If President George Bush were

‘behaving in a more responsible

manner, the world perhaps prob-
ably would have had to wait
another 40 years for this historic
change that is long overdue.

Think about it, like I said,.

what’s to be will be. The Repub-
licans just could not get their act
together.

The brilliant Senator John
McCain, must have had a senior
moment when he dug up Gover-
nor Sarah Palin; oh yes, she has a
movie actress personality, and
good looking, but a whole lot of
people were whispering, “if
McCain dropped, will she be
capable of becoming the presi-
dent, of the United States.

Trust me, she needs eight
years.

Choosing Palin as his running
mate was a big mistake. She
would have been trampled. You

_ bet ya!

SYLVIA CRAWFORD
New Bight,

Cat Island,

November 24, 2008.

A Biblical story with
relevance to Bahamas

EDITOR The Tribune.

The Bible tells the story of a
very rich and powerful man who
had riches untold.

He had many sheep, and much
land and cattle, and whatsoever
else he wanted was his for the
taking.

The Bible also said he had a
fellow countryman with very
meager means which consisted of
one ewe lamb for his possession.

One day a stranger came to vis-
it the man of power, which called
for a celebration. Although his

’ stables were filled with many '

sheep, he saw his poor fellow
countryman with his one ewe
lamb and decided to use-his lamb
for the celebratory dinner. The
Bible says, in time another
stranger was in the company of
this rich and powerful man and
related the story about the man of
power who destroyed a poor fel-
low countryman taking all that
he had and leaving him to the
mercy of family and friends.

The man of power was so
indignant he blurted out: “That
man should be put to death”, to
which the stranger replied, “That
man is you.”

This story. today is being per-
petrated right here in the
Bahamas and has been ongoing
for many a year, it is now time to
bring it to a head. Yes a rich and

_ powerful man is destroying his

fellow countrymen right under
the watch of those who pride
themselves for having no victim-
isation while in office.

Yes, but there is victimisation
big time and it is time for it to be
stamped out once and for all
regardless of the governing party.

As real as the Biblical story,
the local players do have names

and faces and are alive and well
today.

Truth was the watchword of
yesteryear’s story, and truth is the
essence of today’s story.

STEPHEN HUMES
Nassau,
November 14, 2008.

Article on lawyers was interesting

EDITOR, The Tribune.

I read with interest in your article on lawyers in this country, of spe-
cial interest to me is Andrew Thompson. J am one of the contributors
to land in Abaco belonging to the Mounts Family, five members
together paid Mr Thompson $23,000 to work on the property five

years ago.

He claimed Commonwealth Bank settled with $350, 000 which we

never received.

Commonwealth claims it knows nothing about this transaction but
we are in possession of an affidavit, where this bank is supposed 'to have
given a mortgage to one of the persons who bought land from the
Mounts property in Abaco. There is much more to this story, right now
we are suffering because of the loss finances.

NO NAME
Nassau,
November 24, 2008.

An open letter to BEC’s CEO

‘EDITOR, The Tribune.

- THIS is an open letter to the CEO of Bahanias Electricity Corpo-

ration.

In October I used 2,084 kWh of electricity. The standard rate came
to $356.38, the fuel surcharge $443.48, 24 per cent more than the stan-

dard rate.

My question, Mr Basden, is why is the fuel surcharge still at 21
cents when the cost of oil has reduced from about $147 a barrel to less

than $50?

I understand the system of buying in bulk but I still ask the question

whether we are being ripped off.

How closely is the government monitoring the situation? =.

. GEORGE W PINDER
Treasure Cay,
Abaco,
November 24, 2008.

9 Market St. South e "P.O. ‘Box N-7984

ssau, Bahamas

Sandals Royal Bahamian Resort & Offshore Island

Invites application for the position of:

THOUGHT FOR THE WEEK

‘Wait on The Lord be of good courage,
He shall stregthen thine heart.”

SUNDAY SERVICES
7:00am, 9:00am, 11:15am
PASTOR EARLE FRANCIS J.P.,D.D.
Marriage Officer, Counsellor, Intercessor

Phone: 323-6452 © 393-5798
Fax: 326-4488/394-4819



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Possess a sound culinary background

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Experienced with on the job training

Being able to develop budgets and necessary
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College or culinary institute training is an asset
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Applications should be email to
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D Hor 3
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THE TRIBUNE THURSDAY, NOVEMBER 27, 2008, PAGE 5

Bahamians turning to

soil amid rising costs
Local farmer says Bahamas —. . Pe
has all necessary elenents ——=—=——









Felipé Major/T ribune staff



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MR STRACHAN (above right) ‘said that his farm has 156,000 pineapple plants, Manhane. goat peppers,
papaya, sugar-cane, bananas and peas, st to name a few.

@ By LLOYD ALLEN
Tribune Staff Reporter

AS THE cost of many bread-basket items con-
tinue to rise throughout the nation as a result of
the global economic downturn, a growing number of
Bahamians are turning to the soil.

Local farmer PA Strachan says that for the past 30
years, he has been tilling the soil of his 40-acre prop-
erty and has produced an abundance of fruits and
vegetables.

He said that although his farm began as a means
to provide. for his household, it has grown into a
lucrative business which now regularly supplies a
number of local food-stores,

Mr Strachan said that his farm has 156,000 pineap-

He explained that the Bahamas has all the
necessary elements for farming, and he feels the
country’s economic troubles would be less.dramat-
ic if people followed his advice and grew their own

‘food,

Peter Mousis is another local businessman and
farmer. He says his home garden, which was started
more than 20 years ago, has provided fruits and
vegetables for his family and business.

Owner and operator of the downtown eatery
Athena’s Café; Mr Mousis noted that the cost of util-
ities and supplies have forced more than 30’ down-
town establishments to close their doors within the
past 12 months. But he has managed to make it, as
his supply of free ingredients has saved him more
than $5,000 a year.

¢ Honda Accord

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* Honda CRV

* Nissan Cefiro

* Nissan Sunny

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* Toyota Camry

Over the past 12 months, the Ministry of Agri- :
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ple plants, cabbage, goat peppers, papaya, sugar-
culture has reported, more than 500 Bahamians

cane, bananas and peas, just to name a few.- 9 Seater Toyota Reguis Vans

He also raises livestock, and the farm is now home

to pigs, sheep, goats and chickens.
“The work ain’t easy; every morning I get up at
- 5am to start working on my farm, and sometimes I
don’t finish until six in the evening, but it feels good

have registered as farmers. Many of these new farms
are attached to private homes.

The ministry has started a home garden initia-
tive intended to encourage more persons to grown
their own produce, and has reportedly received hun-

Starting at $11,900
Sample: Deposit of $2,900

* Toyota Lexus
* Toyota Noah
* Toyota Rav-4

¢ Toyota Regius
¢ Toyota Windom
and many more to choose from

to know that I am self sufficient,” said Mr Strachan. ~ dreds of applications.

Four in custody after marijuana fount

THREE men and one woman
were taken into police custody in
Andros following the discovery of
$4,000 worth of marijuana on
Tuesday.

Central Andros Police and offi-
cers of the Drug Enforcement
Unit (DEU) searched an apart-
ment in the settlement of Fresh

Creek at 9am on Tuesday and-

found four pounds of marijuana.

are expected to be transferred to
New Providence shortly.

@ POLICE on Monday found
an illegal firearm in an area off
Kemp Road.

Acting on a tip from a member
of the public, officers of the Cen-

‘tral’ Detective Unit (CDU)

searched a bushy area off Kemp
Road and found a 12 gauge shot-
gun with two live rounds of ammu-

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PAGE 6, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE



THANKSGIVING TALE TO INSPIRE

A major illness and big medical
ill thankful

TINT (ITs
justice over little
irl’s death ends in
RT ILI TUNICA

@ By NATARIO McKENZIE

AN aggrieved father's nearly three year wait for justice in
the tragic death of his six-year-old daughter has ended in bit-
ter disappointment.

For Marvin Mackey, the father of Faith Mackey who was
struck and killed by a jitney in March 2006, the punishment did
not fit the crime.

On Monday, Acting Supreme Court Justice Elliot Lockhart
fined jitney driver Julian King $7,500, payable by December
31.

If he fails to pay the fine he will have to serve a three year
prison sentence for manslaughter by negligence.

King had initially pleaded guilty to the charge at the start of
his trial last month.

The judge also suspended his public service driver's licence
and ordered that King submit to mandatory counselling.

"I'm glad it finally came to a head, it helps me with closure
in the matter but I don’t think that sentence was sufficient. I
don't think it was equal to the crime. It just hurts me all over
again because I don't feel there has been justice," Mr Mack-
ey told The Tribune.

"A life has been lost, you can't put a price on ‘it, no amount
of punishment can bring her back but she deserves more than
that," Mr Mackey said.

The father said he vainainbans the incident as if it hap-
pened yesterday and still carries the emotional scars.

"I'm still grieving over my daughter, my heart is still broken,
I still can't look at her picture," he said. “I sorely miss my
daughter.

“She was only six. She was like a spark full of life, energy and
promise. She was my only child so J cannot be satisfied with
what happened," Mr Mackey said. Faith, a student at
Carmichael Primary and her mother Fiona Edwards were
struck by a jitney when they got off another bus at the juncture
of Carmichael and Baillou Hill Roads.



















Share your news

The Tribune wants to hear -
from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.

If so, call us on 322-1986.
and share your story. _

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Mother
‘remains
positive
during
health
ordeal

@ By ALEX MISSICK
Tribune Staff Reporter

An old Chinese proverb
states: “When eating bamboo
sprouts, remember the man
who planted them,” and on this
Thanksgiving day, Donyale
Bradshaw-Smith said although
her insurance ran out and she

still has hefty medical bills, she .

is giving thanks to God and all

those who stood by her during’

her illness.

Mrs Smith suddenly became
critically ill with a disease called
Hemolysis Elevated Liver
Enzymes Low Platelets
(HELLP) at the age of 36 fol-
lowing the birth of her fourth
child during an emergency C-
section in 2006.

‘“T remained listed in critical
condition for five months, lit-
erally fighting for my life, as the
surgical team of doctors, whom
I believed were ordained by

‘God to be there at that particu-

lar time just for me, worked
tirelessly and relentlessly, util-
ising every source of medical

knowledge and expertise avail-'

able to keep me alive,” Mrs
Smith said.

Mrs Smith explained that
during her time in hospital, she
suffered from renal, liver, lung
and pulmonary failure, sepsis
and numerous infections. As a

result of her complicated illness,












but st

PULLING TOGETHER: Donyale Toe Sas aaa im ane

there was a time when should
could not talk, eat or move her
arms and legs. The lengthy time
of immobility in the Intensive
Care Unit at the University of
Virginia Hospital, caused her
muscle tissue to waste away
resulting in her losing the nor-
mal use of her legs.

“To be honest it was not easy
and there were many days and
nights I cried and asked the
Lord ‘why did this happen to
me?’ However, with words of
encouragement from my hus-
band and four children, my
mom, dad, family and friends, I
am learning to be still and trust
God. I slowly but surely came to
the realisation that trials come
to make us stronger and draw
us closer to God and that in all
things we are to give God

thanks’ and praise,” Mrs Smith ©

said. Although she still needs
the support of a walker, Mrs
Smith is now driving and tak-
ing some steps unassisted.

She said that after months in

hospital and rehabilitation;she -

is here today and very grateful.

“My hospital bill is very high
and right now I do not have any
insurance because I exhausted

the first one I had. I have two -

other reconstructive surgeries
and I’m still doing therapy to
regain the use of my legs but
through God’s grace and mercy
I pulled through. I am here
today with a thankful heart for
my family, my husband of 19
years and friends who are here
to support me on my road to
recovery,” Mrs Smith said.
Mrs Smith’s mother, Rose
Bradshaw, said giving up on her

‘daughter was not an option. '

oI cd





“We were on the hospital’s
case day and night.

“They were ready to ‘pull the
plug’ but us being there showed
that we cared and that prompt-
ed-them-to-continue her-treat-
ment. We marvel at her steady
progress and her determination
to regain independence. Above
all else we marvel at and thank
God for His supernatural
favour toward Donyale and to
us as a family as he continues to
sustain us through ongoing dif-_
ficult times,” Mrs Bradshaw
said.

Mrs Smith’s family faces a

‘medical bill of more than $1.5

million. - -

The family said that persons
interested in making a contri-
bution to the Donyale Smith

‘Medical Expenses Fund | can

contact them.

PASTOR RANDOLPH CURTIS
i special guest speaker during.
the fifth annual Bain:& Grants
Town Senior Citizen Thanks-
giving Luncheon’ held at*St.
Agnes Hall on Tuesday,
November 25, 2008.

BIS photo/
_Letisha Henderson.

HAPPY HOLIDAYS!!

JOHN’S

SHOES AND ACCESSORIES
ROSETTA ST. 325-4944



sae igen ee me Sts sen Slepeew fs



THE TRIBUNE

THURSDAY, NOVEMBER 27, 2008, PAGE 7



Environment study on rock mining
company’s plans ‘to be made public’

@ By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - Minister of
Environment Earl Deveaux has
promised to make the environ-
mental impact assessment (EIA)
study concerning the proposed
expansion project by the Martin
Marietta eompany available for
public review.

While in Grand Bahama last
week, Minister Deveaux met with
residents of Eight Mile Rock to
hear their concerns regarding the
rock mining.company’s expan-
sion plans on land along side the
Warren J Levarity Highway.

Earthcare and the -Grand
Bahama Committee for Con-
cerned Residents are strongly
opposed to the project, and had
demanded that the EIA for the
proposed expansion be made
available to the public.

Minister Deveaux told resi-
dents that the EIA will be made
available online through the
BEST (Bahamas ‘Environment,
Science and Technology) Com-
mission website.

Gail Woon, founder of Earth-

care, said that international envi-
ronmental laws require that the
public has full access and input
into decisions which directly
- affect their lives.

“Bahamian stakeholders
should be guaranteed that every
environmental impact assessment
about projects that may affect
them or others should be auto-
matically made available for pub-
‘lic viewing. :

“The Bahamas must live up to
the global treaties and conven-
tions to which it has signed on
to,” Ms Woon said.

Martin Marietta - a rock min-



Earl Deveaux

ing company in Freeport - man-
ufacturers and exports aggregate
products. The company, which
conducts drillings and blasting at
its operation, is being blamed for
causing structural damage to
houses in the nearby Eight Mile
Rock settlement.

During a town meeting hosted
by Martin Marietta for its pro-
posed expansion project, resi-
dents expressed concerns about
further’ damage to homes in the
area, as well as to the environ-
ment, including damage to the
fresh water lens, mangroves, and
marine life. .

Minister Deveaux promised -

residents that before any permits
are granted, either he or his rep-
resentative will return to Eight
Mile Rock to Repete to the stake-
holders.

“Earthcare Beligves that itis a
glaring omission by this govern-
ment and previous administra-
tions to not have written legisla-
tion to oversee these very destruc-
tive operations already,” said Ms:
Woon.

“We, the stakeholders, have
been clear from the outset that

we do not want Martin Marietta
Bahama Rock to continue its
drilling and blasting in our back-
yard.

“If our government allows this
huge foreign owned company to
ravage the hopes and dreams of
the largest settlement in the
nation for the profit for the few at
the expense of the many, then
they deserve not to be voted back
in at the next election time,” she

said.

“Furthermore, the offer to pipe
in city water from Freeport to the
residents is a slap in the face to
homeowners in Eight Mile Rock.
There is no good reason for our
fresh water lens to be further
compromised by Martin Marietta
Bahama Rock or any other entity

currently carrying on business at ,

the harbour area.

“Fresh water is a right that we
are entitled to. We will not stand
for our natural rights to be
stomped upon,” she said.

Ms Woon’said that it is imper-
ative that the Bahamas conserve
all its fresh water tables.

“Tt is insane to compromise any
more of the island’s fresh water
resources,” she said.

Ms Woon said she is very
grateful that Minister Deveaux
took the time .to hear the con-
cerns of Eight Mile Rock resi-
dents.

“Earthcare and the Grand
Bahama Committee for Con-
cerned Residents are grateful that
the minister took time out of his
very hectit schedule to meet with
us and that he has promised to
have the EIA posted online, to
work on legislation to regulate
mining activities in the country,
and that he will send a represen-
tative to report back to us before
permits are granted,” she said.

Prison officer's go to Jamaica on staff exchange programme

A contingent of 13 officers of
Her Majesty’s Prison, led by
Chief Officer Charles Murphy,
travelled to Jamaica on Sunday
for a two-week staff exchange
programme.

While in Jamaica, the group
will have the opportunity to
observe the mode of operation
within the various facilities to
which they are assigned.

The group also will be able
to collect information and ideas

that may be worthy of imple-

& & 2 & & &

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mentation in the Bahamas.

Thirteen members of the
Jamaica Prison Service have
also been assigned to Her
Majesty’s Prison and were
scheduled to make a courtesy
call on Minister of National
Security Tommy Turnquest yes-
terday.

This training initiative is the
first official exchange of staff
between the Bahamas anda
regicnal counterpart. It is
geared towards exposing prison

LOCATION

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personnel to best practices in.

corrections, creating a stronger
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opportunities.

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PAGE 8, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE



















TEACHERS REAL ESTATE HOLDINGS LIMITED
NOTICE OF ANNUAL MEETING TO SHAREHOLDERS

TIME & DATE: Friday December 5, 2008 at 6:00 p.m.

PLACE: Teachers & Salaried Workers Co-operative Credit Union Head Office
East Street & Independence Drive.



(1) To announce the results of the examination of proxies; declare a
quorum present and proceed to business;

ITEMS OF
BUSINESS:

(2) To receive and approve the Minutes of the last Anni ial General
Meeting held on December 7, 2007.

(3) To receive and consider the Chairman's report:

(4) To receive and approve the financial statements and sl reports
of the Directors and Auditors thereon:

(5) To elect Directors for the ensuing year and fix their rernuneration;

(6) To approve the appointment of Deloitte & Touche as thie Auditor
of the Company, and authorise the alee to fix their
remuneration; and

| (7) To transact such other business as may properly come before the
meeting and any adjournment thereof.

RECORD
DATE:

Holders of 400,000 shares of record at the close of businesis on
October 22, 2008 are entitled to vote at the meeting.

FINANCIAL
STATEMENTS:
















































The Company's audited financial statements are included in the
Company's 2007 annual report, which is enclosed as part of the
proxy soliciting Tae

MAILING
DATE:

The Company wil cause the accompanying materials to be sloiered
on November 6, 2008 to the last registered address.

- {tis important that your shares be represented and voted at the
meeting. You can vote your shares by appaaring in person oi by
completing and returning the proxy form enclosed. You can revoke a
proxy at any time prior to its exercise at the meeting by follow ing the
instructions in the accompanying proxy statement, ,

- PROXY
VOTING:

By order of the Board of Directors:

October 9, 2008 Mrs. Chery! Bowe-Moss

Secretary

SHAREHOLDERS ARE INVITED TO VISIT THE WEBPAGE AT
WWW.TSWCCUL COM FOR ADDITIONAL INFORMATION (PROXY FORM
AND PROXY STATEMENT)

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Mount Tabor hosts auneah

to help hospitality workers

TO assist individuals in the hos-
pitality industry who have been
made redundant, Mount Tabor
Full Gospel Baptist Church host-
ed a hospitality outreach this
week,

The church’s senior pastor
Bishop Neil Ellis said he and his
congregation are eager to lend a
helping hand in this time of crisis.
The primary objective of the
Mount Tabor hospitality outreach
initiative was to provide spiritual,
emotional, mental, and practical
assistance to Bahamians facing
hardship as a result of recent lay-
offs, the church said yesterday in
a press statement.

Participating were Dr Harry
Ferrere, clinical psychologist at
the Sandilands Rehabilitation
Centre; Gregory Bethel, presi-
dent of Fidelity Bank; Corrina
Neely, partner in the Tristar
Insurance Agency, and Bishop
Neil Ellis, who will bring words of
inspiration.

“Adopting a holistic approach
in offering assistance to those now
jobless, these professionals (were)



organised in
booths to give
information as
well as offer
| advice to atten-
dees absolutely
|| free of charge.
“They (pro-
vided) career
guidance and
money man-
agement tips, with additional
information on tools such as bud-
geting and investment. Psycholo-
gists, entrepreneurs and ministers
(were) available for counselling,
consultation and prayer respec-
tively,” Mount Tabor said.
Bishop Ellis said, “I am deeply
concerned about the welfare of
our people. Mount Tabor’s first
and very necessary response is to
contribute to bringing clarity, sta-
bility and focus to our people,
because they have never been
faced with this type of situation.
We need to do this so that all con-
cerned — those in need and those
whom God has called to help -
will be able to make well

Bishop
Neil Ellis

informed decisions about our next
moves and what activities will
best help not just for the moment
but over the longer term.

“We have never experienced
anything like this before. I believe
at this time it is very important
for leaders from all sectors to
come to the forefront in seeking .
to make a contribution towards
the focused stability of both our
people and our nation’s econo-

my.”

Bishop Ellis said that he is call- ‘
ing for a united approach to con-
fronting the present challenges.
He said that churches, civic
organisations and government
must jointly plan a nationwide
outreach so that there will be best
use of resources for maximum
results, especially in relieving
financial, housing and food prob-
lems.

At the same time, he warned

‘against creating dependency,

pointing out that each person in
crisis has to be helped to help
themselves and be a part of the
solution.

Drexel Gomez makes final official visit as

A YOUNG CONFIRMAND receives prayers from Archbishop Drexel Gomez. The Archbishop .

administered the sacrament of confirmation to 17 individuals.

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THE TRIBUNE

THURSDAY, NOVEMBER 27, 2008, PAGE 9



LOCAL NEWS

Reggae star Serani to perform
at Club Fluid’s Liquid Terrace

THE most anticipated reggae artist this year,
since Mavado, has been given the green light to
perform at Club Fluid’s Liquid Terrace tomorrow
night.

Taine reggae Star, Craig ‘Serani’ Marsh —
better known simply as Serani — whose song ‘No
Games’ became an instant hit in the Bahamas, left
an impact.on the popular music scene long before
his first album dropped.

Serani has produced hit songs for Sean Paul
such as ‘We Be Burning’; "Tony Matterhorn’s
‘Dutty Wine’ and has worked with the likes of
Elephant Man and Mavado.

Chairman of Club Fluid, Craig Pyfrom, said
he saw potential in the rising star when he heard

one of his songs and booked him almost imme-

_ diately.

He also said, reminiscing on the restrictions

* placed on Mavado by the Department of Immi-

gration, that Fluid made all the necessary arrange-
ments for Serani’s appearance well ahead of time
and with due diligence.

According to Mr Pyfrom, Serani will be joined
by Bahamian artists Rappquelle, Frisco, Irate
and a special guest artist.

The concert, aptly named ‘Serani
Weekend’, will begin with an all white boat
cruise today aboard the Sea. Wind and culminate
with the concert at Club Fluid on Friday
night.

New Bahamian novel set
to get tongues wagging

BAHAMIAN writer Garth
Buckner’s new novel is a must
read for the Winter Season.

Following the publication of
his debut novel. in 2005, Buckn-
er’s latest book Thine is the
Kingdom (Ravenna Press) ‘is
sure to set tongues wagging.

‘This book follows the story
of Gavin Blake’s return to his
island home to claim his citi-
zenship. His, mother was from
an old Bahamian family but his
father was foreign and he was
denied citizenship at birth.

As he.struggles to find his
way through the bureaucracy
he takes a job on the yacht of
wealthy local Jacob Thesinger.
The Thesingers made their ,
money bootlegging, have an old “
colonial home on Eastern Road
and are supporters of the arts.

But theirs is a world under

siege, both by the elements that As the

Garth Buckner



Thesinger tells him the only way
he will get his papers through is
if he pays a bribe. Confronted

something illegal to become
legal, Gavin Blake finds he must
makeachoice.

This comes as the threat to
Thesinger’s world reaches
breaking point and someone is
killed.

A press release from the
author said: “This is a novel for
and of our times. It presents
Nassau society in all its glitz and
gaudiness, shows our country’s
natural wonders and beauty and
recalls the island ideals of living
in balance with one’s surround-
ings, while ,at the same time

' pulling back the shroud that
many of us would prefer con-
tinues to hide the seemingly

. inexorable slide away from civil-

pressure ON ity towards lawlessness. In so

with the irony of having to do

erode their land, weather their
home and mildew their boat,
but also by a society tipping
towards lawlessness.

Gavin Blake soon finds out
how bad things are after a series
of break-ins and violent con-
frontations occur, especially
those with a local fisherman
who uses the abandoned prop-
erty next door.

Neither man seems to respect

Thesinger’s world increases’ he

becomes more and more
assertive, seeing himself as a
defender of society and culture,
and with a sense of self-right-
eous indignation his.actions
become more extreme and

questionable until he mirrors

the. lawlessness he is fighting.
As these events unfold, Gavin

-Blake is put in an increasingly

difficult position as he is on the

doing (the book) implicates us
all and raises the undeniable
question: what does it mean for
a society when you have to do
something illegal to become
legal?”

Logos Bookshop in Harbour
Bay will host the book launch of
Garth Buckner’s Thine is the
Kingdom on Thursday,

* December 4 from 5.30pm until

7.30pm. Signed foples will be

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PAGE 10, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE



LOCAL NEWS

Haitian sloops that contribute to their

SLOOPS carrying charcoal into Nassau from Haiti are part
of an export trade which has helped to wreck the former
French colony’s already crippled economy. Now attempts
are to be made to replace Haiti’s lost trees, the key to the
country’s agricultural revival.

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m@ By JOHN MARQUIS

ONCE it was the richest
colony on earth, an extremely
productive source of coffee and
minerals which leading nations
of the day coveted and fought
over.

Its deep soil and thick forests,
yielding abundant food crops
and high-grade lumber, were the
foundation of its wealth,
enabling the French post-revo-
lutionary elite of the late 1700s
to live in the grand manner.

Now Haiti, 204 years after
gaining its independence by
ejecting Napoleon’s brutal army,
is a sadly denuded land, its ter-
rain ravaged by storms and poor
husbandry, its people in penury
from lack of resources.

‘The tiny sloops which arrive
weekly in Nassau with cargoes
of charcoal are contributing, in
their own small way, to the grad-
ual degradation of what’s left of
Haiti’s natural wealth.

For it is charcoal - produced
for fuelling domestic fires and
supporting a meagre export
business - which has added con-
siderably to Haiti’s woes in
recent years.

Once, Haiti’s forests ran up
and over its hills to the border of

‘ the Dominican Republic, the

Spanish-speaking neighbour
which shares the island of His-
paniola.

Now deforestation, accelerat-
ed by charcoal producers, has
created a sharp line of demar-
cation between the two nations,
with Haiti’s brown hills bare and

_ barren alongside the Domini-

can greenery.

Moreover, it has left the top-
soil vulnerable to hurricanes and
summer storms, which rip it off
the hillsides to create mudslides
into the valleys and towns
below.

Now, international aid agen-
cies are working to replace the

_ trees in a scheme which could

ultimately provide a way back
for a country described by a
BBC reporter as the “basket-
case of the Caribbean”, a nation
whose taste for self-destruction
has been almost limitless.

In the area around Gonaives,
from which many Haitian
refugees arrive in thé Bahamas
in search of a better life, efforts

are being made to replant trees .

that will hold the soil together
and re-establish farm holdings.

Eucalyptus is one tree
favoured, along with aloe and
elephant grass, in a process
which Haitians hope will restore
at least a level of self-sufficiency
for rural families, who have
been left increasingly at the mer-
cy of foreign food imports.

In fact, it was the civil unrest
which resulted from high food
prices earlier this year in Port-
au-Prince that helped concen-
trate aid agencies’ attention on
revitalising agriculture and tree
life.

With some rural peasants now
surviving on mudcakes - a crude
mixture of oil and soil - it has
become crucial for Haiti to res-
urrect its lost resources.

Josette Perard, director of the
Lambi Fund of Haiti, told The
Observer of London: “Refor-
estation is the key to sustain-
ability. This is not about off-set-
ting climate change but about
restoring the natural eco-sys-
tem.

“We’re trying to undo years
of damage. Without tree cover,
we keep getting setbacks and
the mudslides show how far the
system is out of balance.”

Haiti’s trees have traditional-
ly been used for house-building,
boat-building and craftwork. In
fact, the country’s mahogany
carvings were once legendary,
a treasured off-shoot of Haiti’s
flourishing art and craft industry.

But it’s the production of
charcoal that really ate into tree
resources. The ad hoc destruc-
tion of woodland left the
steeply-sloped countryside wide
open to soil loss during heavy
rain, and the valleys highly sus-
ceptible to destruction by fast-
flowing slurry.

In Gonaives, the debris left
by summer storms continues to
hinder recovery efforts. Car
wrecks, mountains of plastic bot-
tles and foul sediment of all
kinds lie in thick mud brought
down from the hills.

Haiti’s new prime minister,
Michele Pierre-Louis, has
warned that Gonaives is a taste
of what the rest of Haiti could
face in the future. “The whole
country is facing an ecological
disaster,” he told The Observ-

LOWE’S WHOLESALE on
Soldier Road/Nassau Village
Saturday November 29, 2008
8:00 AM—12 NOON —

er. “We cannot keep going on
like this. We are going to disap-
pear one day. There will not be
400, 500 or 1,000 deaths, there
are going to be a million
deaths.”

For the Bahamas, Haiti’s
reforestation programme is an
important component in the bat-
tle to stem illegal immigration.

There is no doubt that Haiti’s
continuing economic plight -
exacerbated by its ravaged land-
scape - is the main cause of the
yearly exodus from the coun-
try’s northern towns. :

One problem facing Haitian
authorities will strike a chord
with the government here. Rur-
al dwellers have a tendency to
hack down trees to build
makeshift homes in areas where
construction is not welcome.
Pierre-Louis wants signs erected
in protected areas saying: “You
can’t build here.”

Just as makeshift Haitian set-
tlements are now appearing in
the pine barrens of Abaco, shan-
ty communities spring up
unplanned in Haiti, too.

In fact, changing Haitian
habits spawned over generations
is very much part of the fight
for survival.

Terraces of bamboo are now
being advocated to knit the hill-

-sides together and stop tons of
earth sliding on to towns. And

alternative fuel sources are

being explored to stop the burn-

ing of charcoal, which gathered
pace in the early 1990s when a
US blockade sought to force the
reinstatement of President Jean-
Bertrand Aristide.

Before that, Haitians relied
heavily on kerosene for cook-
ing. Now charcoal is the pre-
ferred option - and trees are the
losers as rural folk seek free fuel
in what’s left of Haiti’s wood-
land.

Aid agencies are also keen to
educate young Haitians to
recognise that destroying soil is
not an option, whatever the
temptations. :

With well over half of Haiti’s
population living on a dollar a
day, the drive for environmental
protection is becoming a priori-
ty issue.

With virtually nothing going
for it, Haiti needs every acre of

_ productive farmland it can find |

WHOLESA





-

Pbk be tee wee

i ey we ee



LOCAL NEWS

AA EE
country’s decline







HAITIAN SLOOPS i in 1 Nassau, The loots whieh arrive weakly with cargoes of ehareal are coitrlbuting, | in their
own small way, to the gradual degradation of what's left of Haiti's natural wealth.

to feed its population of more
than seven million.

The bald statistics tell the sto-
ry of Haiti’s tree loss. In 1923, 60
per cent of the country was cov-

ered by forest. Today it’s less"
than two per cent, and every

week sees more trees falling to
the axe. °

It was Port-au-Prince’s
demand for charcoal in the mid-
1950s that began the decline.
Logging operations were
stepped up, soil began to wash

away, land productivity was-

severely reduced, droughts
worsened and food supply
dropped:

Poor government, added to
the problem, with successive
administrations ignoring the dif-
ficulties deforestation posed,
and it was left to foreign aid
agencies to identify and tackle

_the looming crisis.

In 1999, a 15-year environ-
mental action plan was imple-
mented, primarily to explore

‘alternative fuel sources, but

political upheaval .and lack of

money have ‘thwarted the

process.
Even ‘so, one or two positive

developments have emerged,
including the manufacture of
fuel ‘briquettes’ from sugar cane
waste, a slow-burning alterna-
tive to charcoal.

The new initiative will take
years to have any perceptible
impact, and it’s unlikely the
Bahamas’ “Haitian problem”
will be reduced appreciably any-
time soon.

But foreign-funded tree-plant-
ing could be one key to at least
one of Haiti’s social problems.
And a halt to charcoal burning
could be another.

‘Meanwhile, those Bahamians.

who order charcoal from Hait-
ian boat-owners to feed their
barbecues ought to reflect
momentarily on what they’re
doing.

Buying charcoal worsens

- Haiti’s plight and quickens the

flight of its people. The sloops
heading northward packed to

_ ‘the gunwales with refugees area

symptom of the crisis.

The Bahamas’ ability to con-
trol the influx of Haitians in
future will depend to a great
extent on Haiti’s capacity to
feed its people.

INSURANCE BROKER Co. Lied.

To our valued clients:

_ Please be informed that MR. LYNDEN ANDREW
JOHNSON is no longer an employee of Andeaus

Insurance | Broker

Company Limited.

MR.

JOHNSON is not authorized to conduct any
business transactions for the company. Please
contact the office at 323-4545 for services.

Thank you for your continued patronage.

Management of Andeaus Insurance Broker
Company Limited.

TEL: 323-4545 FAX:328-6357



Sunday, November 30" at 6:30pm

Calvary

Bible Church - 62 Collins Avenue

ALove Offering will be received

The less desperation there is
to leave, the fewer immigrants
the Bahamas will have to con-
tend with.

ie

ouse Fi inancing
with 0% interest

for an entire year
Owner Fimancing available te qualified
elients with 54,000 down and payments as
low as $500,004 month :
Single family lots $99,500 Duplex lots $120,000 _

PRE-CHRISTMAS
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LAGE ROAD NEAR SHIRLEY STREET

all Us at 394-0329/9 or 394-1371

- JOIN US

Saturday Nov. 29th, 2008
FROM 10:00 AM - 4:00 PM

Visit us on site and inquire about our
easy and convenient owner financing ~

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Properties are ready for building
Roads are paved!
_ Drive to the entrance of Coral Harbour

For Information: Call Carmen Massoni

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PAGE 12, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE





Atlantic hurricane season blows away records |

lm WASHINGTON

THE 2008 Atlantic hurricane sea-
son, which ends Sunday, appears to
have attained Olympian heights, set-
‘ting at least five weather records in
the United States and Cuba, accord-
ing to Associated Press.
















“It was pretty relentless in a large
number of big strikes,” said Georgia
Tech atmospheric sciences profes-
sor Judith Curry. “We just didn’t
have the huge monster where a lot of
people lost their lives, but we had a
lot of damage, a lot of damage.”

Data on.death and damage are

KIDZ CITY
PRE-CHRISTMAS
STOREWIDE SALE

15% off peoular | Items

(2. doors North of Multi-Di
S P. O. Box N-1552

LOCAL NEWS

Search on for best,

still being calculated.
Three records showed the hurri-

cane season’s relentlessness. Six con-
— Dolly, :
Edouard, Fay, Gustav, Hanna and :

secutive named storms

Ike — struck the U.S. mainland,

something that had not been seen

in recorded history.



























8-0703 » Marathon Mall - 394-8096
er eh kya e

Phone: 394-7040

brightest primar
school students

THE Bahamas Primary
School Student of the Year
Foundation has launched its

annual nationwide search to .

locate the best and brightest
primary school students:

The Foundation officially
launched the national search
on Saturday in recognition of
the 13th Annual National
Children’s Week celebrations.

Ricardo Deveaux, president

‘and chief executive officer of

the Foundation, said that
“each year, a select group of
students is nominated to
accept one of the most presti-
gious national recognition for
primary school students in this
country.”

“This premier awards pro-
gramme is.an excellent oppor-
tunity to recognise those stu-
dents who have demonstrat-
ed outstanding academic
achievement, leadership abil-
ity, campus and community

involvement and good citi- |

zenship. We are therefore
inviting each school to nomi-
nate one grade six student to



Friday, November 28th 6:00 - 9:00pm

REWIDE!



be among the who’s who in
primary schools in the
Bahamas,” he said.

The competition, which was

established in 1997, is spon-
sored by the Bahamas Prima-
ry School Student of the Year
Foundation in partnership
with the Nassau, Bahamas
Pan-Hellenic Council, the
local coalition of fraternities
and sororities.
“The programme was ini-
tially founded because it was
felt that major emphasis was
being placed on the achieve-
ments of high school students
however, little was being done
to salute our younger achiev-
ers,” the Foundation said yes-
terday in a press statement.

Contest

“Therefore, it is the Foun-
dation’s hope that Bahamians
will continue to embrace this
contest by supporting the
Foundation in its efforts. The
Foundation, along with cor-
porate sponsors, will recog-
nise these outstanding prima-
ry school students who are
striving for excellence in our
society.”

One student from each pri-
vate, public or independent
school in New. Providence and
the Family Islands is eligible
to participate in the awards
programme.

““The contest is opened to
any 6th grade student regard-
less‘ of colour; creed, nation-
ality or religious affiliation,”
the Foundation said.



Application forms have
been delivered to each prima-
ry school in New Providence
and Grand Bahama and the
District Superintendent’s
Office in each Family Island.

All completed application
packages must be submitted
to the Foundation on or
before the deadline on Friday,
February 13, 2009 at 5pm.

The awards ceremony will
be held in May 2009. Students
will be competing for schol-
arships, trophies and other
prizes. Schools are invited to
participate in the awards cer-
emony. The programme has
given over $300,000 in schol-
arships and prizes since its
1997 awards competition.

To enter the competition, a
student has to be nominated
by his or her school. In addi-
tion, the student must submit
an application package along
with the required application
form; a 400-word essay on the
topic “Making A Difference
To Change My World”;
include three letters of rec-
ommendation; copies of the
latest report cards (4th, 5th
and 6th grade), and copies of
any awards, certificates and/or
newspaper clippings that show -
the student’s ‘achievements. ~

An independent panel of
judges will review the appli-
cation packages submitted and
will determine the overall win-
ner for the 2009 Bahamas Pri-
mary School Student of the
Year.

To date, 969 students have
been recognised in the awards

programme.

The Bahamas Film
Festival (TBFF)

celebrates its fifth year

THE fifth Patel Bahamas Film Festival opens today in Nas-
sau.

Celi Moss, president of the Bahamas Film Festival (TBFF)
and the Bahamas Film Society (TBFS) said that a number of
activities are planned for this year’s two-day festival, including
a filmmaker’s spotlight on:-veteran actor Rudy Levarity.

Mr Levarity, who has been in such movies as ‘Survivor’, has
also done some work in Hollywood and has been a stand-in for
actors like Bill Duke.

“He has. a wealth of knowledge to share with young stars
and starlets who have dreams of a career in the exciting movie
industry. Therefore, he is encouraging Bahamians to come out
and enjoy the talents of other Bahamians such as Antonio.
Coakley who has written the movie ‘Changes’,” the TBFF said
in a press statement. —

The film ‘Changes’, depicts the life of a College of the
Bahamas student who is assigned the task of writing a term
paper for his psychology class on what causes someone to stop
being a productive. citizen. .

Julian Anderson Rolle is the producer of the movie. Both he
and Mr Coakley are employees at the Broadcasting Corporation
of the Bahamas.

Mr Moss said that he sees this year’s festival as yet another
opportunity to showcase Bahamian talent.

“Every year we usually bring in a Hollywood heavy hitter to
showcase and sometimes honour. Bahamians need to be
exposed to these persons to hear the very real story of how they
began, and how they are not very much different from them. In

the past the festival has brought in Jeff Friday, CEO of the

American Black Film Festival and CEO of the American Black
Movie Awards. Don D C Curry, has also visited and so did Bill
Duke,” Mr Moss said.

Last year, the festival welcomed the comedian Anthony
Anderson.

This year Mr Moss promises to focus more on Bahamian
and Caribbean talent.

The festival’s sponsors include Galleria Cinemas, Lifestyle
Limousines, Apex Awards, Jones Communications, Nitro Filmz,
Sea Food Haven, Junkanoo Beat Media, Tambrin Tree, the
Counsellors, and Red Hot Communications:

The Tribune wants to hear
from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.

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





THE TRIBUNE. THURSDAY, NOVEMBER 27, 2008, PAGE 13

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PAGE 14, THURSDAY, NOVEMBER 27, 2008

LOCAL NEWS

THE TRIBU we



FROM page one

"We are working very close-
ly with the Minister of State
for Immigration (Branville
McC ‘artney) and the Minister
(of Immigration) Brent
Symonette with respect to
ensuring that for every appli-
cation for a work permit by a
foreigner, we want to ensure
that there's absolutely no
Bahamian in the Bahamas
who is available and basically
what we want to'do is ensure
that Bahamians get first pref-
erence in all the jobs in the
country," said Mr Foulkes to
The Tribune outside the Sen-

Labour Dept moving to ensure
jobs are offered to unemployed
Bahamians before foreigners

ate yesterday.

His comments came in the
wake of statements by Mr
McCartney, who reportedly
said the Immigration Depart-
ment is processing about 500
work permit applications per
week at a time when many
Bahamians are out of work
because of recent lay offs in
the hotel sector.

Mr Foulkes said the Depart-
ment of Labour has retarded
the process of granting work
permits to allow for further
scrutiny of the permits to guar-
antee there are no Bahamians
available for the position
before the document is grant-
ed.

"In order for a work permit
to be granted the Department

ASSOCIATE DEGREE PROGRAMS

4. Network Security Systems

&. Website Development Technician

1. Computer Information Systems
2. Computer Systems Management

3. Computer Graphics Technology

5. Internet Communication Systems

7. Website Administration Technician’.

Call for registration and program details.



of Labour has to issue a labour
certificate to the applicant and
that person has to advertise
(about) three times in the clas-
sified section of the dailies for
that position, so we have
stepped up our vigilance in
terms of ensuring that there
are absolutely no Bahamians
available for each of these
positions. We have slowed
down the process in terms of
the issuance of work permits
just to make sure that that’s
the case," he said.

His department is also agi-
tating recently unemployed
citizens to register themselves
with the Department of
Labour so their employment
skills can be taken into
account when the Department
of Immigration processes work
permit applications.

"There are a lot of Bahami-
ans who have become unem-
ployed recently and we are
encouraging those persons to
come to the Labour Depart-
ment and register with our
skill banks so we'll have this
information on record so
whenever the Immigration
Board meets and the director
of labour is a member of that

board, he can make his inter-" i

vention in respect to each
application. But we need the
information at the Labour
Department," he said.

Paul Moss ‘one step closer’
to representing St Cecilia

FROM page one

tion you want to go and in
which you want to take their

constituency or country,” he-

said.

Mr Moss said he is confident
he can bring St Cecilia to the
PLP once again in the next elec-
tion.

Although the seat has pre-
dominantly been PLP, and is
currently represented by deputy
leader Cynthia Pratt, Mr Moss
said he is not going to take any-
thing for granted, and will work
very hard to bring young people
back into the party fold.

“Certainly there is no substi-
tute for hard work. I’m not
afraid of that. I’ve been doing it
my whole life. I also know that
I have a rapport and a relation-
ship with the young people who
comprise the majority of per-
sons in St Cecilia.”

While this latest ascension to
the NGC comes with some new

. sense of accomplishment, Mr

Moss said that he does not
believe this will be the end of
the “hurdles” he has had to
face, both from outside and
inside the PLP, to get the nom-
ination.

“At times it seemed as if
these hurdles were insur-
mountable based on the resis-

tance I was getting from partic-
ularly party insiders. But if there
are obstacles, I intend to cross
those obstacles. But at the same
time, I know that I cannot sit
down and think that it will just
come to me. I must go out there
and work, and I will continue
to do that.

“This is a time I believe for
the party itself to look inward
and to make the changes nec-
essary. There are many people
who even sit inside the Parlia-
ment today as a PLP member
who ought not to offer again.

“There are many persons
who sat as members last time
who were not successful in 2007
who ought not to offer again.
If the party is very serious about
being trusted again, to be seen
to be really serious about
advancing this country forward
in the new 21st century, we have
to do things differently.

“If we do things in thé same
manner then we have not
changed, and then we are not
serious about making the
changes to advancing this party
forward. And so, many persons
who may be of the old school of
not welcoming in the new faces
or new ideas will be a part of
the history of the PLP that
ought to remain history,” he
said.

- Bank of Bahamas
says lawsuit ‘totally
without merit’

FROM page one

Value Associated Brokers Limited of Nassau.

In a statement, the Bank of the Bahamas said that “as this is a
matter which will be under the jurisdiction of the court system, we
believe that the appropriate response is to refrain from comment,
but we will state without hesitation that we believe this matter to be
totally without merit.

“We at Bank of the Bahamas take our fiduciary responsibility
seriously and would never violate the trust which is placed in us’by
our valuable clients. We look forward to resolution of this matter
within the judicial system,” said the statement.

True Value Associated Brokers of Nassau (TVABL) is seeking
relief in the form of an order by the court “directing (the first and
second defendants) to show. that the entire amount of $181,213,
which was received from the attorney of (the brokerage company)
on November, 2004, by Bank of the Bahamas was not deposited
directly to the account 135000927 and is still missing from account

_ 135000927.”

Additionally, True Value Associated want the court to demand
the defendants give a reason why $48,720, which “was received from
the attorney of TVABL in 2004 by Bank of the Bahamas was not
deposited to account 135000927 and is still missing from account
13500097.”

. The court action calls for the Bank of the Bahamas to “provide
concrete evidence” that shows the defendants “were authorised to
disburse funds” from the same account and to hand over immedi-
ately the bank statements relating to it “which have been withheld
from TVABL for four years, although more than 20 requests
weregmade in person, in writing, and by telephone.”

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THE TRIBUNE



THURSDAY, NOVEMBER 27, 2008, PAGE 15

tem ii mavede tel | ES Patton Tie -t-1 eo TEE
Phone (242) 323-3973 or (242) 325- 3976 Phone (242) 326-8543 or (242) 326-5464
Open Mon - Fri 7:00am-4:00pm Open Mon - Fri 7:30am-4:30pm
Saturdays 7:00am-3:00pm Saturdays 8:00am-3:00pm

Te www.buildersmalibahamas.com Email: info@buildersmallbahamas.com

©2008 Creative Edge



PAGE 16, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE



a
a
ES

Union president

flenies BIG

workers

are planning

to protest
FROM page one

trial agreement.

“IT don’t know where
you get these talks from
in the newspapers about
planning a demonstra-
tion,” said Mr Farquhar-
son.

“If any demonstration
comes it will come dur-
ing the normal course of
the process.

“We are dealing with
the management of
Batelco now to resolve
this issue.”

He said that BTC and
the union are trying to
come to a resolution
regarding the workers,
but were not able to say
what the resolution
might be at the end of
the talks.

According to Mr Far-

quharson, he and his col- . :

leagues are following the
protocol-of the industrial
agreement as they nego-
tiate with management.

Minister of Labour
Dion Foulkes said he
could not comment on
the matter: “I do not
want to comment on the
BTC matter at this point
— J understand the mat-
ter may be before the
Labour Board and as
Minister of Labour I
_ have to be impartial.”

He said he didn't have
any specific information
on the matter but was
told that “there may be a
trade dispute filed
with respect to this mat-
ter.”

The 47 workers were
alleged to have driven
the BTC vehicles that
were used to block Bay
Street and parts of
Grand Bahama during an
industrial action involv-
ing about 500 employees.
Their suspensions beet
yesterday.

A FIREFIGHTER surrounded by smoke in the remains of tiie home yes:

Home of Customs officer
destroyed i in ‘arson’ attack

EROM page 0 one

to pay revenues.”

The mother-of-three said she has

maintained her integrity since joining
the customs department in 1985, and
was therefore selected for the seven-
member task force established Six
months ago.

She said: “I have been approached
with bribes over and over, but I-say no.
Our country depends on this revenue.

‘People told me the corruption is big-

"yee

ger than me, but I tried'to do the job, and
do the best I could.

“Then they blew up my house, just for
trying to be honest and to make a dif-
ference. .

“It is a sad day for law enforcement in
this country.”

Among the customs officers comfort-
ing Mrs Ritchie outside her burning

‘home was senior officer Vaughn

Toote who said the fire is the latest of a
series of attacks against task force offi-
cers.

He said: “We have ‘been quite suc-

cessful in preventing and bringing to
light individuals and companies who for
years have been defrauding the govern-
ment of its revenues.

“We know customs have been getting

complaints from members of the com-

mercial community about the task force
being an inconvenience to them and their
commercial operations.

“This is an effort to deter us from our
efforts, but it will not Cee me from my
efforts.”

Police press ion officer Walter -

Evans said police are treating the fire



. Felipé Major/Tribune staff

as suspicious and investigating allega-
tions of arson.

As Mrs Ritchie recalled the countless
items lost in the fire, including Christmas
presents for her children, she tugged at
her navy coloured customs shirt and said:
“This uniform started this and now this
uniform is all I have.”

Mrs Ritchie declined to have her pho-
tograph taken for fear of further attacks.

Customs officers comforting her at the
scene criticised the Comptroller of Cus-
toms for not. being: Bisson to coffer his
condolences:;

[as CIBC Private .
ae Wealth Management

CIBC TRUST COMPANY (BAHAMAS) LIMITED

is seeking the services of a

General Manager

CIBC Trust Company (Bahamas) Limited has been in The Bahamas for over 35
years and places great importance on recognizing and rewarding strong performance.
CIBC offers room for advancement, a stimulating work environment and the resources
to help you make the most of your career. Together, we continue to make CIBC a
great place to work.

POSITION SUMMARY:

Reporting to the Chief Executive Officer Caribbean, as well as to a Board of Directors,
the General Manager is directly responsible for the profitable development and
promotion of the offshore trust business in the Bahamas.

-The incumbent is also responsible for achieving service excellence and operational
efficiency, supporting the strategic direction for the business and building the
appropriate organizational structure in support of current and future business objectives.

REQUIREMENTS & PERSONAL ATTRIBUTES:
Candidates must meet the following criteria:

¢ Minimum of ten years experience in a bank and trust environment at a senior

management level with significant exposure in developing operational strategies
and must be able to demonstrate ability and experience for effective diverse risk
management capabilities.

Experience in managing complex trusts and developing fiduciary standards for
high net worth clients.

In depth knowledge of trust, company, mutual fund, estate planning and investment
products.

Strong technical and managerial skills meaintned for activities such as business
‘model development; creation of profit plan objectives and delivering results.
Proven experience managing people in particular, senior level direct reports and
excellent organizational, time management and communication skills.

Excellent and proven negotiation and conflict resolution skills are essential.
Expertise in current banking and trust legislation and regulations, able to ensure
compliance with certain areas including Qualified Intermediary; Sarbanes Oxley
Act; AML and KYC Legislation.

Strong problem-solving and decision making-making skills

Strong interpersonal, oral and written communication skills

‘Proficient in the use of the Microsoft range of applications.

(some restrictions apply)
includes dresses, foot wear, bags and accessories
for women and also select men’s appalel
and foot wear.

CIBC is an equal opportunity employer and welcomes applications from all interested
parties. We thank you for your interest, however, only those candidates selected for
an interview will be contacted. -

Qualified candidates only should submit application in writing, marked Private and rN sales EL
Confidential, by December 12, 2008 to:

Manager, Human Resources Caribbean
CIBC Trust Company (Bahamas) Limited,
P.O. Box N-3933,

Nassau, Bahamas
or e-mail to: carolyn.longley@wi.cibe.com

NO PHONE CALLS OR FAXES WILL BE ACCEPTED.





THE TRIBUNE





THURSDAY, NOVEMBER 27.

2008











Liverpool,
Inter, Atletico
qualify for
the last 16...

See page 19



‘Sports Reporter

he defending Catholic
Primary School Bas-
ketball Tournament
champions staved off

elimination and forced a decisive .

game three for the 2008 title.
The St Thomas More Sparks
avoided another fourth quarter

meltdown and, with clutch free |

throws down the stretch from
leading scorer Deajour Adderley,
held on for the 45-41 win over the
St Bede’s Crushers in game two at
Loyola Hall yesterday.

Adderley, who finished with a
team high 12 points, sank a pair of
free throws to put his team up by
four with-just 10 seconds remain-
ing to seal the win.

The lead guard said his team
was out hustled in game one but
corrected many of those mistakes
to extend the series with a win.

“We came out with a good
game plan, it was the same one
’ we had in the first game. Last
game they just played harder than
us so that is what caused us (to
win),” he said. “Next time we just

have to come out and play this

good again.” —_

The offense of both teams
struggled early in the game with
star players Kyle Turnquest and
Joel Morris spending the first
quarter on the bench.

Turnquest led.all scorers with
16 points. |

The Crushers’ Denzel Huyler,
who finished with eight points,
dominated the offensive boards

early as St Bede’s led 10-7 after _

the opening period.

The charity stripe was busy for ''

both sides in the second’ quarter
as the Sparks went 3-6 while the
Crushers went 4-6 from the line
en route to a 16-14 Crushers lead
at the half.

The pace of the game increased
considerably in the second half,
suiting the preferred fast break
attack of the Sparks.

With the lineup, of Adderley,
Morris, Sebastian ‘Gray, Seville
Sands and ‘Markyle Mason, they
went the distance for the Sparks
in the second half as they
outscored the Crushers 31-27.

Gray finished with 11 points,
Mason finished: with six, while
Sands chipped in with seven.

St Thomas More opened the
third on a remarkable 12-0 run to
vault ahead 26-16.

Turnquest stopped the run with
a driving lay-up to make the score
26-18 with 4:02 left in the third
quarter.

He sparked a brief run for the
Crushers, capped by Huyler’s bas-
ket to trim the deficit to four with
1:20 remaining in the quarter.

-A pair of free throws. by
Markyle Mason stopped the
Crushers’ run and gave the Sparks

a 28-22 lead heading into the

fourth quarter.

The stage was set for another
Crushers fourth quarter come-
back effort in the final period.

Both teams appeared stagnant
on offense early on and Morris
went down at the hands of a hard
foul with 8:34 left to play.

Mason was the catalyst for the
Sparks’ offense with a pair of free
throws and a fastbreak lay-up on
the ensuing possession.

Mason, who finished with seven
points, went 4-4 from the free
throw line.

The Sparks held a 32-22 advan-
tage with 7:77 remaining when
Morris took another hard foul
and landed awkwardly.

VOLLEYBALL: VIXENS BITE
UP HORNETS, TECHNICIANS

BEAT DaBASEMENT

Sparks force game 3

mâ„¢ By RENALDO DORSETT

- St Thomas More holds on for 45- 41 win



IN THIS file photo, St Thomas More Sparks’ Daejour Adderley dribbles to the basket against the St Bede’s Crushers
in the Catholic Diocesan Primary Schools’ best-of-three championship series...

The team’s leading rebounder
and shotblocker was forced to

. leave the game with an injury.

Morris, who finished with eight
points, said the injury was difficult
to deal with at the time, but he
should be ready to play in game
three.

“When I was jumping I fell
down and I hurt my back when I
dropped on the ground and I‘had
to leave the game for a little

. while, but I got better and I will

be okay to play the next game,”
he said. “We just have to try to
shut down their two main scor-
ers, Flash and No. 11 (Wheat-
ley).”

With Morris sidelined; Turn-
quest immediately took advan-
tage, scoring five consecutive
points including a three pointer
in transition to cut the lead to
five.

The Sparks led 35-31 when
Morris returned to the court and
scored immediately in the post.





SPORTS IN BRIEF

The Crushers’ Gregory Cooper
scored just six points but his bas-
kets came at the most crucial
point of the game for his team.

Cooper’s first score off an.
offensive rebound trimmed the ©

lead to four, a pair of free throws
by Turnquest trimmed the lead

to just two, and Cooper’s second —

basket tied the game at 39 with

1:14 remaining.

- Gray responded with a tough
runner across the line to regain
the lead with under a minute
remaining.

His score two possessions later
gave the Sparks a 43-39 lead with
30 seconds left.

A steal by Mason sealed the
win for the Sparks as he passed
the ball ahead to Adderley who
sank the clinching free throws.

Crushers head coach Donnie
Culmer said his team will rebound
for game three and feels confi-
dent that they are clearly the bet-
ter of the two teams.

“We don’t have to do anything
differently. That game was there
to take.

“We missed some easy shots
around the rim, but we will be

ready man,” he said. “They can- .

not beat us. Last year they did
not beat us and they cannot beat
us this year. That game was there
for us to have.”

Nkomo Ferguson, head coach
of the Sparks, said his big men
were able to stay on the floor

‘which was vital for the game 2

win.

“All we did today was stay out
of foul trouble. Today we were
able to keep our big men in the

game, which was key for our ,

rebounding,” he said. “We feel

very confident for game three, we ©

just know we have to stay out of

foul trouble, be ready to play hard |

and come out firing.”

° Game 3 is set for 4:15pm on
Friday at Loyola Hall. .





with three wickets.
O’Neil Levy and Lee Melville added two
wickets each.

In their turn at bat, the T-Bird Flyers were

_ hand look at the talent available in

_ the Bahamas Baseball Associa-

THE New Providence Volleyball Associa-
tion continues with playoff action.

For the women, the pennant winning Scotts-
dale’s Vixens quickly disposed of the Lady
Hornets in straight sets 25-18, 25-14 and 25-18.
Krystel Rolle led all scorers with 11 points
for the win. Keneisha Thompson was only
able to secure 6 points in the loss.

In an exciting mén’s match, both teams dis-
played how they earned their playoff spots, but
in the end, the Technicians. would win in 4
tough sets over DaBasement 15-25, 25-23, 25-
22 and 25-23.

Adalbert Ingraham led the charge with 15
points for the win. Ronnie Lexidor finished
with 13 points for DaBasement.

CRICKET CHAMPIONSHIP
THE Bahamas Cricket Association’s cham-

pionship will be decided. this weekend after
both participants were decided following last
week’s contests.

The Dynasty Stars and Dockendale Titans
will meet in the league championship final,
set for November 29 at Windsor Park.

Advance

Dynasty is the latest team to advance to
the championship after their semifinal win
last weekend over former league champions T-
Bird Flyers.

The Stars batted first and scored 279 runs

for the loss of four wickets in the allotted 40 .

overs. The team’s top scorers included Ryan
Tappin, 75 runs, Howard Roy, 46 runs-and
Johnathan Barry, 47 runs not out.

Roy was also one of Dynasty’s top bowlers

bowled out for 182 runs and lost the match by
97 runs.
The Flyers top scorers included Garth Davis
with 58 runs and Bryce Bovice with 57 runs.
Top bowlers included Garsha Blair, Wayne
Patrick and Davis took one wicket each.

MASTERS TRACK MEETING

THE Masters Track and Field Association
is scheduled to hold a meeting at 6:30pm
Thursday at the Ministry of Education's head-
quarters on Thompson Boulevard. All mem-
bers and athletes who. would like to join the
association are invited to attend.

President Foster Dorsett is expected to
make important announcements for the asso-
ciation as it looks forward to 2009. The asso-

ciation is an affiliate of the Bahamas Associ- .

ation of Athletic Associations.



New baseball stadium
‘doesn’t seem to be a
reality right now’

OVER the weekend, I got a
chance to see some of the next
generation of baseball players in a
clinic hosted by the Bahamas
Baseball Federation and Pony
Baseball-Bahamas at St Andrew’s
Field of Dreams.

The event was being staged for
Team One Baseball to have a first

STUBBS

our high school system with the
possibility of recruiting some of
them to go on to play in the US.

While it is apparent that the fed-
eration won't be able to secure -
the international sanctioning from





tion, it was nice to see that they
are still making such a valuable
contribution to the growth and the
development of the sport.

Over the last two decades, baseball has been on the
decline in the country and the demolition of the Andre
Rodgers Baseball Stadium by the former government

OPINION

- without a replacement has further helped in its demise

at the senior level.

However, the fuel that created the split between the
association and the federation was probably the biggest
deterrent.

Right now, there is no baseball being played at the
senior level because there’s no adequate facility to
accommodate the game. It's such a pity because at one
time, baseball was one of the most exciting sports to
watch.

I remember the days when you could hardly get into

‘the stadium to watch some of the former icons per-

form. I remember clearly how one night they played soft-
ball and the next night they were right back on the field
for baseball.

Today, there are still a lot of players who want to
play the game at a higher level. Right now their own
avenue is either to play in the Junior Baseball League of .
Nassau or Freedom Farm.

The question is: What's next?

The federation has attempted to answer the ques-

“tion by hosting the first of three series of clinics where

they have: already brought in Team One Baseball. Next
weekend, they intend to invite a number of collegiate

- coaches and professional scouts to view the players.

But it’s going to have to take a little more than that.

Not all of the players, if that many, will be recruited to
leave the island.There have been many players, includ-
ing the late legendary Andre Rodgers, who were actu-
ally scouted here during a local baseball game to travel
overseas for their major breakthrough.

With the country facing an economical depression,
sporting facilities may be the last thing that govern-
ment will be concentrating on. So the reconstruction of
a baseball stadium doesn't seem to be a reality right now.

But in an attempt to not only revive the sport but also
give some positive alternatives to what could eventual-
ly be a fallout to crime and other mischief by our youth,
such projects may have to be implemented.

As a core sport, baseball can attract so many players
who normally prefer not to play softball.

What the federation and Pony Baseball is doing now
is just a step in the right direction to give these players
a hope to further their game. But we still have to find
other ways to enhance their performances so that when-
ever the opportunity presents itself, they will be ready
for the challenge.

NBA CHALLENGE.
The Bahamas seems poised to have its fifth player

; make it to the National Basketball Association.

Bennet Davis, at age 22, has the opportunity. He is
currently on the roster of the Utah Flash, the affiliate of
the world champions Boston Celtics in. the NBA's
Developmental League or D-League as it is commonly
referred too.

In their only pre-season game played, Davis pro-
duced a 15-point and six rebound game that is sure to
keep him on the 10-man roster as Utah prepares for its
first regular season game on Friday when they head on
the road to play the Austin Toros in Austin, Texas.

Davis and Torrington Cox were both drafted by Utah,
but Cox didn't survive the first cut.

Now it's up to Davis to try and get another Bahami-
an in the big leagues, following in the footsteps of
Mychal 'Sweet Bells' Thompson, Ian 'Foots' Lockhart,
Dexter Cambridge and Rick Fox.

Making it to the NBA is going to be tough. But at least
Davis seems to be headed in the right direction, if he
continues to make his presence felt in the D-League,
which is normally the first place that teams look to fill
their depleted rosters after waiving players or having to
replace those. injured.

' We're keeping our fingers crossed that Davis will
crack the NBA barrier again for the Bahamas.

DOUBLE BARRIER TO CROSS

Normally you don't get the kind of reports from our
student-athletes such as the one from Myron Rolle over
the weekend. So whenever it happens, we certainly
need to take the time out and salute them.

As a 22-year-old aspiring neurosurgeon at Florida
State, Rolle was selected as one of the 32 recipients of a
Rhodes scholarship to attend the prestigious Universi-
ty of Oxford in England for the next two to three years.

Rolle, a safety on FSU's Seminoles football team, is
just a junior, but he completed his bachelor’s degree in
exercise science in August and is pursuing his masters in
public administration.

What's so significant about Rolle is that he also has
another challenge ahead of him. He has to decide
whether or not he wants to-continue his academic pur-
suits or go after his athletic career and take a shot at the
National Football League.

Not too many people can say they've had such lofty
goals to attain at the same time. Rolle is one of those

rare breeds.

His parents, Beverly and Whitney Rolle, must be
extremely proud of him. We wish him every success in
which ever dream he decides to follow.



PAGE 18, THURSDAY, NOVEMBER 27, 2008

TRIBUNE SPORTS



‘eC a
Jets’ Jones somehow a great fantasy back

m@ By JOHN McFARLAND
Associated Press Writer

THE Jets' Thomas Jones had
the look of a disaster entering
the season, drafted by many
fantasy football players for the
simple reason that most other
starters were gone.

There just wasn't much to get
excited about in a 30-year-old
journeyman coming off a two-
score season for a bad team.
There also was the major risk
that 39-year-old Brett Favre
wouldn't have anything left in
his aged arm, inviting all sorts of
run-stopping defensive fronts.

Well, so much for all that.

‘ Now the 69-year-old back-
field is leading an unstoppable
team. And Jones — who like
most backs at 30 was expected
to be terrible this year — has a
career-high 11 touchdowns.
He's the AFC's leading rusher,
on pace for a career-high 1,380
yards. And he's gaining 4.4
yards a carry, the second-best
in his career.

The fantasy postseason
schedule looks delicious for
Jones, too, with easy-to-run on
Denver, San Francisco, Buffalo
and Seattle up next. It gets a lit-
tle toughér with Miami in Week
17, but most fantasy leagues will
be done by then.

As you wonder how Jones'
massive biceps don't force the






Versatility ©.




GENERATOR

a obcat
Bo hamas

Productivity *

Crawford St., Oakes Field
Telephones: 328-8618/19/20 +



NEW YORK Jets running back Thomas Jones is congratulated by head”
coach Eric Mangini after the Jets beat the New England Patriots 34-31 in

overtime...

ball to squirt out on every carry,
here's a look at some players
to start and some to avoid in
Week 13:

QUARTERBACKS:
TAKE A SHOT
— Who needs Tom Brady?

-The Patriots' Matt Cassel has

815 yards passing, 76 rushing
and seven scores the past two
games, and has become some-
body you don't even bench
against Pittsburgh's dreaded
NFL-best defense.

— Start Sage Rosenfels and
any other Texan you can scrape
up as the nation gathers 'round
the TV on Monday night to see
if it'll be Houston or Jack-
sonville winning for the fifth




dR)

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time. The Texans are used to
trying hard while being bad, but
the Jags seem to have surren-
dered.

— Don't worry about
Miami's Chad Pennington
against the Rams' defense that's
allowed an NFL-high 20 TD
runs. He'll do plenty more than
hand off, and may even catch a
pass or two from Ronnie
Brown.

— Atlanta's Matt Ryan
should have few problems
exploiting San Diego's NFL-
worst pass defense while the
Chargers focus on spoiling the
homecoming. of former backup
RB Michael Turner (while also
wondering why they didn't hang
on to him).-

BACK AWAY SLOWLY

AND NOBODY ~

GETS HURT ;

Please, in the name of Kevin
Kolb; don't start these guys:

— When's the last time the

’ Giants' Eli Manning had*more

than one touchdown against the

Redskins? Oh yeah, never: He's |

only thrown one or none in
eight career games against
Washington.

— At least the Browns won't
bench Derek Anderson this
week, with Brady Quinn out for
the season. But you should
always strive to be smarter than
the Browns, so leave Anderson
on your bench as he alternately
throws behind Braylon

- Edwards and watches passes
bounce off Edwards' fingertips. :

— Likewise, the Eagles’

‘Donovan McNabb seems

benchworthy for the foresee-

able future. Great name recog-;

nition, and facing an Arizona
pass defense that's allowed an




Enchustastsc:

Applic:



John Russell/AP

BRETT FAVRE (4) looks for a receiver as Jets running back Thomas Jones. (20) and tight end Chris Baker
(86) block Tennessee Titans defensive end Kyle Vanden Bosch, right, in the first quarter of agame...

NFL-high 22 TD passes, but
he's a turnover/benching/rule-

book joke waiting to happen.

RUNNING BACKS:

ALL DAYLONG. | |

— Overthinker Alert: Don't
consider benching Matt Forte
when the Bears.and Vikings

play for the NFC North lead.
The Vikings' No. 2 run defense —

gives up just 3.1 yards a carry,
but Forte's reached never-
benth status.

— Speaking of NFC North
workhorses, Green Bay's Ryan
Grant should get another major
helping of carries against Car-

- olina. The Panthers are slipping

against the run, and the Packers
want to make sure their sec-
ondary stays off the field.
—In other news about guys
who scored all the time last year
and have been running strong
despite not scoring this year,

Joseph Addai (38 carries the »

last two weeks) should get back
to the end zone as the Colts find
a.way to win and the Browns
find a way to lose.

— Tennessee's LenDale
White had only one carry last
week, but even if his coaches
are ticked at him they'll need
somebody to run over the win-
less Lions once Chris Johnson's

exhausted. (The Lions may -
_ stack the line, but.aline stacked

with just Lions is,like a-regular
team's normal defense.)

Be 8 pene ae a

, Send reweeame, bat

lard P
tent RB

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RED FLAGS

— Pittsburgh's Willie Parker

has regressed into a guy you
should only start after he has a
good game under his belt. The
once sturdy back has missed
time in’six of his last eight
games. But certainly start
Mewelde Moore if he starts
instead.

— Forget your Bewiound
excitement about the Saints'

- Pierre Thomas, this week, any-

way. New Orleans can't play’on
the road, and the Bucs have
allowed only one rushing touch-
down all year.

— If you blew a high draft
pick on the Rams' Steven Jack-
son, surely you're out of the fan-
tasy playoff running and no
longer caring. But if you're

. somehow still alive, don't both-
er starting him if he's healthy, or
his replacement if he's not.

WIDE.RECEIVERS:
THROW HIM THE DARN

BALL!

— The Cowboys are busy try-
ing to book national airtime for
Terrell Owens to complain
about his workplace in hopes
they've finally unlocked the
secret to getting him open. Even

barring that, Seattle's defense -
could be good for another 200-_

yard game. ,
— Only two things are cer-

he has 6 in his past 7 games —
and his lone touchdown will pull
the Lions to within about 20
points of victory.

— Now that Randy Moss is
back in the picture for New
England; so is Wes Welker (3
straight 100-yard games). He
should again be wide open as
the banged-up Steelers throw

their few remaining defensive ©

backs at Moss.
— Start feast-or-famine WR

_Lee Evans of Buffalo against

the 49ers. He should be much
closer to-his fifth 100-yard day

" than the 0-yard day he had two

weeks ago.

SHOW HIM THE DARN

BENCH

— Don't ever start Cleve-
land's Braylon Edwards again

we
yo

aa 5 Gallons

Start at

$45

Start at



because it just hurts too much to
watch all those sure touchdown
passes bouncing around near
his feet. (He has an NFL-high
18 drops, at least 2 of them sure
TDs.)

— The Raiders can't do
much, but they are OK against
the pass. That, plus the big holes
in Oakland's run defense. and
Tyler Thigpen's interception
festival last week, should com-
pel the Chiefs to steer clear of
Dwayne Bowe. .

— Here's proof you can't
always trust ‘the stats: Green
Bay ranks sixth against the pass
after allowing a billion yards to
the Saints. .

Though the Pack was
exposed last week, continue
benching any Carolina receiv-
er but Steve Smith. ©

FREE AGENT

SHOPPING LIST:

Pick up these guys if they're
available in your league:
Browns QB Derek Anderson
(starting again), Seahawks RB
Maurice Morris (113 yards,
TD), Eagles QB Kevin Kolb
(eventual starter?), Falcons WR
Harry Douglas (92 yards).

WHAT DO I KNOW?

Here's the best and worst of

{ last week, S PEON:
tain in Detroit: Calvin Johnson: »;:
will catch a touchdown pass —;'

Big. Hits: I Eenectea oaad
things from Eli Manning (3

. TDs), Warrick Dunn (127 total

yards, TD) and Peyton Hillis
(96 total yards, TD).

I expected bad things from
Brian Westbrook (34 yards) and
Justin Gage (37 yards).

Big Misses: I blew it big time
predicting subpar days for Trent
Edwards (4 TDs) ‘and Tony
Romo (341 yards, 3 TDs). I
expected success from Ronnie
Brown (37 yards), Bernard
Berrian (28 yards) and Gus
Frerotte (120 yards, INT).

I was kind of right expecting
woes for Maurice Jones-Drew
(4 yards rushing), but also kind
of wrong (113 receiving). Like-
wise, I was right on that Tim
Hightower (21 yards) would
struggle on the ground, but then
he scored twice.

Saturday November 29, 2008
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TRIBUNE SPORTS

THURSDAY, NOVEMBER 27, 2008, PAGE 19



INTERNATIONAL SPORTS



Liverpool, Inter, Atletico

qualify for the last

@ By ROBERT MILLWARD
AP Soccer Writer

LONDON (AP) — Five-time
winner Liverpool, Italian cham-
pion Inter Milan and Atletico
Madrid joined 10 other quali-
fiers for the last knockout phase
of the Champions League on
Wednesday. Chelsea still has
work to do in the final round
of games after a 1-1 tie with
Bordeaux.

Steven Gerrard, coming off
a groin injury, scored on a head-
er in the 23rd minute to give
Liverpool a 1-0 victory over
Marseille. Atletico Madrid
edged PSV Eindhoven 2-1 in
the other Group D game.

Inter was beaten 1-0 at home
(see photos on page 21) by
Panathinaikos but still qualified.
Its two nearest rivals, Panathi-
naikos and Anorthosis Fama-
gusta, meet December 9 and
only one of the teams can finish

above the Serie A leader.

' Josu Sarriegi revived Panathi-
naikos' chances with the only
goal at San Siro in the 69th
minute. The Cypriot team
Anorthosis, one of the surprises
of the competition, squandered

a two-goal lead and was held to |

a 2-2 tie by Werder Bremen to
slip from second to third.
Chelsea appeared on course
to join the other three qualifiers
after Nicolas Anelka put the

LIVERPOOL’S Javier Mascherano (right)
fouls Marseille’s Mathieu Valbuena during
their Champions League, Group D, soccer
match at Anfield Stadium, Liverpool, England,
yesterday...

Blues ahead at Bordeaux. But
Alou Diarra tied it in the 83rd
and Chelsea's Frank Lampard
was sent off near the end for

(AP Photo: Paul Thomas)

two yellow cards.

AS Roma went top.of Group
A after winning 3-1 at CFR
Cluj, oe by two goals by

Matteo Brighi. The Italian team
has nine points,-Chelsea eight
and Bordeaux seven going into
ine final round of games when

16



Roma hosts the French team
and Premier League leader
Chelsea is at home to Romani-
a's Cluj. The last 16 already



ELBE
Federer to
play at the
Le a

DOHA, Qatar (AP) —
Rafael Nadal and Roger
Federer will open the 2009
ATP season by playing at
the Qatar Open.

Qatar tennis federation
president Nasser al-Kholi-
afi says Andy Murray and
Andy Roddick will also take
part in the hard-court tour-
nament, which begins Jan-
[ry aa

The tournament in Doha
is one of three to start the
2009 ténnis season, along
with the Brisbane Interna-
tional in Australia, and the
Chennai Open in India.

includes eight teams that have
won European soccer's biggest
club competition with three
more spots still to fill.

Ten teams had already quali- .
fied — Barcelona and Sporting
Lisbon’from Group C, Man-
chester United and Villarreal
from Group E, Lyon and Bay-
ern Munich. from Group F,
Arsenal and FC Porto from
Group G and Juventus and
Real Madrid from Group H.

Barcelona won 5-2 at Sport-
ing in a meeting of two clubs
that had already qualified.
Shakhtar Donetsk routed FC
Basel 5-0 behind a hat.trick by
Jadson in another high-scoring
Group C game.

Dolphins’ receivers | eager to contribute to playoff push

@ By SARAH LARIMER
; Associated Press Writer

DAVIE, Florida (AP) —
Miami's receiving corps say they
are ready for the chance to con-
tribute to the Dolphins playoff
push, an opportunity created by
the season-ending injury to
Greg Camarillo.

A knee injury. has ended |

Camarillo's breakout season
and put a kink in Miami's long-
shot plans for a playoff berth. If
the Dolphins — who haven't
reached the postseason since
2001 — want to end their play-
off drought, the rest of their
receiving corps will have to pick
up the slack.

"Greg was a staple in our
offense," quarterback Chad
Pennington said Wednesday.
"He was a guy that was
extremely reliable. So its a
tough loss for us. What it does
do, it gives someone else an
opportunity a step up. That's
what this league is about — its

,

about opportunity and being
able to take advantage of it
however it comes your way." .

. With five games left, the Dol-
phins (6-5) are trying to keep
their chances of an improbable
playoff appearance alive. Mia-
mi, which went 1-15 last year,

faces the St. Louis Rams (2-9) —

on Sunday, one of the four
remaining games it will py on
the road.

The Dolphins rejuvenated
offense this season has featured
two talented running backs, an
upgrade at quarterback and the
surprising Camarillo, who led

: Miami with 55. receptions for

613 yards and’two touchdowns
this season. His injury will be a
test for the rest of Miami's
receiving corps, which has been
considered perhaps the team's
biggest weakness.

"It's going to. be big. You're
losing your ace receiver, and
the things he was able to do this
year and the catches he was
able to make," tight end David

P.O. Box N-313

NASSAU, BAHAMAS

Martin said. "That's the thing
about football, someone goes
down, someone’ S got to step
up. "

Davone Bess had five recep-
tions for 87 yards in the Dol-
phins 48-28 loss to New Eng-

~ land on Sunday. Ernest Wilford,
a $6 million offseason acquisi-

tion who has been inactive for
eight games this year, has one
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receiver Brandon London, who
also has one reception this sea-
son. "And me and Earnest have
been hungry for a shot. You've
got a bunch of hungry guys out
there."

Then there is Ted Ginn Jr.,
Miami's first-round draft choice
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PAGE 20, THURSDAY, NOVEMBER 27, 2008

TRIBUNE SPORTS



James gets hero’s welcome |NBA Today

as Cavs roll out the Knicks

@ By BRIAN MAHONEY
AP Basketball Writer

NEW YORK (AP) — July
1, 2010, could be quite a show-
down between the Cleveland
Cavaliers and New York
Knicks.

For now, there's no contest.

LeBron James can become
a free agent that day, and the
Knicks hope they can offer him
a chance to.be on a title con-
tender.

He might not have to leave
Cleveland for that.

James scored 26 points
before sitting out the fourth
quarter, and the Cavaliers
quickly took a charged-up New
York crowd out of the game in
a 119-101 victory Huesday
‘night.

The buzz was about James’
future, but he's not ready to
talk about that.
His present looks too promis-
ing.

"I don't know if it's going to
happen," he said. "I'm so
focused on this season and
what we have at task with the
Cavs, it's hard for me to even
think about that date. But at
the same time, you have to stay
open-minded if you're a Knicks
fan."

In other NBA games Tues-
day, it was: Washington 124,
Golden State 100; Phoenix 99,
Oklahoma.City 98; Dallas 109,
Indiana 106; and:the Los Ange-
les Lakers 120, New Jersey 93.

Delonte West added 16

points and Wally Szczerbiak.

had 15 for the Cavaliers, who
rang up their highest point total
of the season and put seven
players in double figures.

The Cavaliers improved the
NBA's third-best record to 11-
3

"They don't get caught up in
that, man, and I don't either,"
James said of the free agency
talk. "We hear it every day, we
see it every day on TV about
2010 all the time, we still go out
and take care of business. We
don't worry about what's going

on. Me, the leader, I can't let -

that faze me because I'm lead-
ing these guys onto something
that we want to accomplish,
and that's win an NBA cham-
pionship."

Quentin Richardson scored
22 points and newcomer Tim
Thomas had 16 for the Knicks
(7-7), who dropped their fourth
in five games.

James' first visit to Madison
Square Garden this season
came just days after the Knicks
made a pair of trades that
cleared enough salary cap space
for a potential run at him in
free agency. .

James started the night by
saying he was flattered by the
attention but focused on trying
to win a title this season with
the Cavs.

"It seems like they want him,
but right now we're excited that
he's a Cavalier," guard Daniel
Gibson said.

Unlike his previous visit,
when the Cavaliers needed
nearly all of his 50 points to
beat the Knicks last March, an
ordinary effort was good
enough from James, who
laughed and smiled throughout
the easy victory.

The Knicks are a team in
transition after trading Zach
Randolph and Jamal Crawford,
their two leading scorers, last
Friday. Making matters worse,
they lost Nate Robinson, who
became their leading scorer,
after he strained his groin in

_ the second quarter. He is

doubtful for Wednesday's game
at Detroit.

"I'll be back in no time,"
Robinson said. "I'm not the
kind of guy who wants to sit
here and be hurt. I hate it."

James was cheered loudly

‘during pregame introductions

and every time he touched the
ball by a crowd that included
his buddy, rapper Jay-Z — who
might prefer James goes to
New Jersey, the team he partly
owns. James scored 11 points
in the first quarter, leading
Cleveland to a 34-22 lead.
James could only chuckle
and shake his head when a fan

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MTU TOES (Ua 9 ae :
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he was putting on his warmup
shirt before heading to the
bench for the start of the sec-

ond quarter.

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Suns 99, Thunder 98

At Oklahoma City, Matt
Barnes hit a 3-pointer from the
left wing with 25.7 seconds left
to complete Phoenix's fourth-

quarter rally and spoil Scott

Brooks' home debut as Okla-

homa City head coach.

The Thunder (1-14) led
throughout the second half
and were up by as much as
16 late ‘in the third quarter ©

‘before the Suns went on a 13-
Orun.

Steve Nash had 20 Roan’
and 15 assists. Kevin Durant
scored 29 points as the Thun-
der lost their 12th straight.

Wizards 124, Warriors 100
At Washington, Ed Tap-
scott's coaching debut with
the Wizards was much more
successful than Jamal Craw-
‘ford's playing debut with
Golden State.

Tapscott guided Washing-
ton to a blowout, breaking a
five-game losing streak and
avoiding the worst 12-game
start in franchise history.

~ Caron Butler scored a sea-
son-high 35 points, Andray
Blatche had season highs
with 25 points. and 12
rebounds, and Antawn Jami-
’ son added 25 points and 11
rebounds as the Wizards
improved to 2-10 with their
best scoring output of the
season. :
The Wizards fired Eddie



Jordan on Monday and
replaced him with. Tapscott,
who had been the team's direc-
tor of player development.
The night's other new fea-

_ tured addition, Crawford, had a

quiet evening in his first game
since being traded by New
York on Friday. -

Crawford started-and had
‘ nine points and seven assists in

29 minutes.

Corey Maggette scored 17 to
lead the Warriors, who have
lost three straight.

Lakers 120, Nets 93

At Los Angeles, Pau Gasol
had 26 points and eight
rebounds and the Lakers over-

came a poor shooting perfor-

mance by Kobe Bryant to
improve to an NBA-best 12-1.

Bryant had difficulty most of
the game with Vince Carter's
defense, going 5-for-17 from
the field in 28 minutes and fin-
ishing with 12 points in Los
Angeles' fifth straight victory.

Mavericks 109, Pacers.106

At Dallas, Jason Terry
scored 29 points and the Mav-
ericks rallied with an 18-8 run

in the fourth quarter for their

fifth straight victory.

Dirk Nowitzki added 24
points and 12 rebounds and
Antoine Wright scored a

‘career-high 24 for Dallas. Kidd

finished with 11 points and 13
assists.



DALLAS MAVERICKS guard Jason Terry (31) dives past Pacers guard
T J Ford (5) during the second half...

@ By The Associated Press
SCOREBOARD

Thursday, November 27

New Orleans at Denver (10:30
pm EST). Chris Paul and the
Hornets, on a three-game win-
ning streak, visit Carmelo Antho-
ny and the Nuggets, who are 5-1
at home.

_ STARS
Tuesday
— Steve Nash, Suns, had 20

points and 15 assists to rally

Phoenix past Oklahoma City 99-
98, spoiling Scott Brooks' home
debut as Thunder head coach.

— Caron Butler, Wizards,
scored a season-high 35 points
and Washington beat Golden
State 124-100 to snap a five-game
skid in Ed Tapscott's first game as ©
coach.

— Jason Terry, Mavericks,
scored 16 of his 29 points in the
fourth quarter to help Dallas
come back from a 13-point sec-
ond-half deficit for a 109-106 vic-
tory over Indiana that stretched
its winning streak to five.

— Pau Gasol, Lakers, had 26
points and eight rebounds before
sitting out the fourth quarter, and.
Los Angeles topped New Jersey
120-93 to improve the NBA's best
record to 12-1.

BROADWAY SHOW
LeBron James scored 26 points
before sitting out the fourth quar-
ter and Cleveland quickly took a
charged-up New York crowd out
of the game in a 119-101 victory

over the Knicks. James was

cheered loudly by fans hoping
someday to see him play in New
York. His first visit to Madison
Square Garden this season came
just days after the Knicks made a
pair of trades that cleared enough
Salary cap space for-a potential
run at him in free agency during
the summer of 2010.

’ THUNDERSTRUCK

Matt Barnes hit a 3-pointer
from the left wing with 25.7 sec-
onds left to complete Phoenix's
fourth-quarter rally in a 99-98 vic-
tory at Oklahoma City. The
Thunder (1-14) had two final
chances to win, but Kevin Durant
and Russell Westbrook both
missed shots on their final pos-
session. The Suns scrambled
around the court to run out the
final 8.4 seconds without getting
fouled, handing Oklahoma City.
its 12th straight loss.

SIDELINED
Milwaukee center Andrew:
Bogut will be out for a week to 10.
days after sustaining a bone:
bruise to his left knee Monday °

_ night in a loss at Orlando. Bogut

is averaging 11.4 points and 10.9

rebounds this season. Miami for-

ward Dorell Wright is expected to"
miss at least three weeks after

having surgery to remove debris

from his left knee. Wright has

played only. one game for the

Heat since he tore his left menis-

cus on March 2 and had surgery

the following day.

ON THE MEND

Charlotte Bobcats top scorer
Jason Richardson practiced for.
the first time since undergoing
arthroscopic knee surgery and
could play Wednesday in Toron-

‘to: Richardson has missed six

straight games since waking up
with pain and swelling in his right
knée on November 12, a day after
scoring 23 points in a loss to Den-
ver. Doctors performed
exploratory surgery and found no
structural damage.

DONE DEAL

The trade that sent Zach Ran-
dolph from New York to the Los
Angeles Clippers was completed,
though Cuttino Mobley still was-
n't available to play for the
Knicks. The deal was made Fri-
day but was hung up when the
Knicks reportedly learned of a
heart condition during Mobley's
physical. New York waived the’
physical requirement to finalize
the deal. Knicks president Donnie
Walsh wouldn't reveal the nature
of Mobley's medical condition,
but said Mobley wouldn't be
available Tuesday against Cleve-
land or Wednesday night in
Detroit while he underwent addi-
tional testing. Walsh added he
didn't know if Mobley would ever
play for the Knicks.

SPEAKING

"Now that we got ‘Obama’ on
the sideline with us, we're going |
to ride with it. Tap, he's light-
skinned, he stands for change,
he's got a law degree, he uses big

‘words; and he's new in the dis-

trict, and he's in control now, so
shout out to Obama. We won
ee he brought a lot of hope.

.. And he's good with numbers,
so hopefully he'll change the
economy as well."

— Washington forward Caron
Butler after the Wizards (2-10)
routed Golden State 124-100 to
snap a five-game skid in Ed Tap-
scott's first game as coach.



TRIBUNE SPORTS | THURSDAY, NOVEMBER 27, 2008, PAGE 21
INTERNATIONAL SPORTS

Panathinaikos upset
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THURSDAY, NOVEMBER 27, 2008, PAGE 23



FROM page one

echelons.

Mr Archer initially sent a
message to several party
leaders expressing his con-
cern about the opposition’s
efforts to frame the debate
on the financial crisis.

Dr Nottage responded,
and Mr Archer sent an e-
mail addressed to the MP,
excerpts from which follow.

“With all due respect,
sir,” Mr Archer wrote Dr
Nottage in reply, “you are
entitled to your own opin-
ion: I am just calling it not
only as I see it but also as
the general voting public is
seeing it. You want to be
the one to tell them that
they are wrong? Or should I
do so on your behalf.

“While you are sitting on
your — and enjoying the
high life I find myself min-
gling with those in the ghet-
tos and filthy-streets.'I talk
to them daily, I see their
pains, I feel their pains.

“Jt make no sense making

friends in certain areas”

because tomorrow that per-
son just might be dead. You
are indeed one of those
politicians who tend to

your
news

The Tribune wants to hear
from people who are
making news in their |
neighbourhoods. Perhaps
vou are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award. .

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



Claim that the PLP is struggling to
control supporters’ resentment
towards party leaders

come around once in a
while and literally walk the
streets.”

Entitled, Re: Mortgage
Buyout, the e-mail corre-
spondence between the two
was copied to more than 30
party members, including

party leader Perry Christie, -

his wife Bernadette, the
PLP’s website administra-
tor Andrew Burrows, MPs
Shane Gibson and Fred
Mitchell, Bradley Roberts,
Senators Jerome Fitzgerald
and Michael Halkitis, and
many others.

Mr Archer continued:
“With all due respect, sir,

- this country needs a change

from the old guard like
yourself.
“It was you who said the

..PLP..lacked vision (in).

March/May 17, 1999. It was

-you who addressed Parlia-
ment with your departure.

speech entitled ‘A Country
in Crisis’. It was you who

sought to destroy the PLP
by leaving and forming your
own failed party the CDR.
So before you try to throw
your weight around think
first, or next time I will
embarrass you publicly.

“T am not looking for
friends, Mr Nottage... I
am looking to make a posi-
tive change in my country. I
trust we share that same
passion.

“The opposition is being
etched out in the minds of
many as simply ineffective.
So if you’re looking for me
to kiss your — to. get along
with your. face, sir, then I
think you have a different

thing coming. I am an.

Archer, not an — kisser.
With all due respect, sir,”

_ he.concluded.

The Tribune attempted to
contact Dr Nottage several
times for comment, but was
unsuccessful up to press
time.

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@ By CHRISTOPHER
TOOTHAKER
LA GUAIRA, Venezuela

Russian warships sailed into
port in Venezuela on Tuesday in
a show of strength as Moscow
seeks to counter U.S. influence
in Latin America, according to
the Associated Press.

Russia's first such deployment
in the Caribbean since the Cold
War is timed to coincide with
President Dmitry Medvedev's vis-
{t to Venezuela, the first ever by a
Russian president.

Russian sailors dressed in
black-and-white uniforms lined
up along the bow of the destroy-
er Admiral Chabanenko as it
docked in La Guaira, near Cara-
cas, and Venezuelan troops greet-
ed them with cannons in a 21-gun
salute. Two support vessels also
docked, and the nuclear-powered
cruiser Peter the Great, Russia's
largest navy ship, anchored off-
shore.

Chavez, basking in the support

of a powerful ally and traditional ~

USS. rival, wants Russian help to
build a nuclear reactor, invest in
oil and natural gas projects and
bolster his leftist opposition to
USS. influence in the region.

He also wants weapons —
Venezuela has bought more than
$4 billion in Russian arms, includ-
ing Sukhoi fighter jets, helicopters
and 100,000 Kalashnikov rifles,
and more deals for Russian tanks
or other weaponry may be dis-
cussed after Medvedev arrives
Wednesday.

Russia's ambitions in Latin
America, however, may be
checked by global events. Both

Venezuela and Russia are feel-
ing the pinch of slumping oil.

prices, and their ability to be
major benefactors for like-mind-
ed leaders is in doubt given the
pressures of the world's financial
crisis.

The deployment of the naval
squadron is widely seen as a
demonstration of Kremlin anger
over the-U.S. decision to send
warships to deliver aid to Georgia
after its battles with Russia, and
over U.S. plans for a European
missile-defense system.

But USS. officials mocked the
show of force.

"Are they accompanied by tug-

boats this time?" U.S. State:

Department spokesman Sean
McCormack joked to reporters
in Washington. He noted that
Russia's navy is but a shadow of
its Soviet-era fleet. ‘

"I don't think there's any ques-
tion about ... who the region looks
to in terms of political, economic,
diplomatic and as well as military
power," McCormack said. "If the
Venezuelans and the Russians
want to have, you know, a mili-
tary exercise, that's fine. But we'll

‘obviously be watching it very

closely."

VENEZUELAN sailors stands next to a national flag during a wel-



THURSDAY, NOVEMBER 27, 2008, PAGE 25

INTERNATIONAL NEWS

AP Photo/Fernando Llano

coming ceremony for a Russian warship at La Guaira port, Venezuela,
Tuesday, Nov. 25, 2008. Russian warships.arrived in Venezuela
Tuesday in a show of strength aimed at the United States as Moscow
seeks to expand its influence in Latin America.



AP Photo/Fernando Llano

A RUSSIAN warship arrives in:La Guaira port, Venezuela, Tuesday,
Nov. 25, 2008. Russian warships arrived in Venezuela Tuesday.

When Russia sent two strategic
bombers to Venezuela in Sep-
tember, some drew comparisons
to the Soviet Union's deploy-
ments to. Cuba during the Cold
War.

But both countries have shown
signs of trying to engage Presi-
dent-elect Barack Obama, and
Chavez told reporters that it's
ludicrous to invoke the Cold War
to describe these naval exercises.

"It's not a provocation. It's an
exchange between two free coun-
tries," Chavez said Monday night.

The ship maneuvers inside
Venezuela's economic zone in the
eastern Caribbean will begin Dec.
1, enabling sailors to practice
reconnaissance, anti-drug patrols,
anti-terrorism and search and res-

cue. operations. Rear Adm. Luis’

Morales said the training, includ-
ing anti-aircraft exercises with
Venezuela's newly bought Sukhoi
fighter jets, will not involve live
ammunition.

The maneuvers "should be

viewed largely as a propaganda .’

exercise," said analyst Anna
Gilmour at Jane's Intelligence
Review.

"Pragmatic Russian policy sug-
gests that it will content itself with
a brief high-profile visit, rather
than a longer-term deployment
that could cause severe tensions

with the U.S., at a time when

Russia may be looking to re-



engage with the new administra-
tion," she said.

Medvedev's tour to Peru,
Brazil, Venezuela and Cuba was
planned before the financial crisis,
and Russia must now downsize
its ambitions in Latin America
because its pockets are no longer
so deep, said Fyodor Lukyanov,
the editor of Russia in Global
Affairs Magazine.

"Russia will have to put off big
projects like the construction of a
gas pipeline across South Ameri-

a," Lukyanov said. The pro-
posed natural gas pipeline is
Chavez's brainchild, a controver-
sial and ambitious plan for which
he has explored Russian invest-
ment. But Russia still has an eco-
nomic interest in selling more
weapons and boosting: business
in Latin America, and Venezuela
can help “open the doors," noted

Venezuelan political scientist _

Ricardo Sucre Heredia.

"It's a win-win. relationship for
the two countries," Sucre said.
"Russia gains in terms of its inter-
national power and its presence,

‘and Venezuela gains in terms of

having an ally."

Associated Press writers
Vladimir Isachenkov in Moscow,
Desmond Butler in Washington
and Ian James in Caracas con-
tributed to this report.

5

AP Photo/Fernando Llano

A 7008. sailors line up on the deck of a warship as they arrive in La Guaira port, Venezuela, Tuesday, Nov.




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PAGE 28, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE

Tibetan exiles

waver between
hope, confusion

@ By TIM SULLIVAN
NEW DELHI

On one side is China, the
world's most populous country,
with its generations of experience

in controlling its population and -

1.8 million police, according to
the Asssociated Press.

On the other is a poor
Himalayan region, home to some
5 million Tibetans. Its most
prominent leader hasn't been
home in almost five decades, and
its best-known politicians are in
* exile. When Tibetans tried to
stand up to Beijing last March,
the unrest was brutally quashed.

So the idea of hundreds of
Tibetan exiles gathering from
around the world to discuss the
future of their freedom struggle
might seem like an exercise in
pointlessness. Or perhaps hope-
lessness.. :

But not in the Indian hill town
of Dharmsala, where the Dalai
Lama fled after leaving Tibet in
1959 and where he has his gov-



AP Photo/Altaf Qadri, File

IN THIS NOV. 23, 2008 file photo, Tibetan spiritual leader the Dalai



TIBETAN exiles wait to welcome the Dalai Lama before a key press

AP Photo/Altaf Qadri, File



conference at the Tsuglakhang temple in Dharmsala, India.

ernment in exile. Around here,
there never seems to be a short-
age of hope.

’ "I'm always optimistic," said _
Tenzin Choeying, the head of Stu- .

dents for a Free Tibet. "You have
to be optimistic here."
But whether they should be





Lama gestures during a press conference as he warned Tibetan exile
leaders to be prudent in their plans or risk failure, in Dharmsala,
India. The weeklong conference in Dharmsala ended over the week-
end with a statement upholding the last two decades of exile policy,
the Dalai Lama’s “middle way,” which calls for Tibetan autonomy
_ through measured compromise but falls short of calling for.inde-
pendence. It’s a policy that even the. Dalai Lama acknowledges has
largely failed, and which its staunchest defenders say has left most

Tibetans deeply frustrated.





Attention all BatelNet subscribers.







optimistic is a far more compli-

cated question.

The Dharmsala talks ended last
weekend with a statement
upholding the Dalai Lama's
“middle way," which ‘calls for
Tibetan autonomy through mea-
sured compromise but falls short
of calling for independence.

It's a policy that even the Dalai
Lama acknowledges has largely
failed, and which its staunchest
defenders say has left most
Tibetans deeply frustrated.

The statement warned that the
exiles eventually might demand
outright independence if China
refuses to grant Tibet autonomy.
But it's hard to see how that
change in policy — dramatic by
the standards of the government-
in-exile — would have much
effect, if any, in Tibet.

. "I thought (the conference)

_ was a really good opportunity to

make a much stronger state-
ment," said John Powers, a Tibet
expert at the Australian National
University in Canberra.

But, he said, reverence for the
Dalai Lama, the Buddhist, god-
king traditionally at the.center of
Tibetan life, remains so ingrained
that it was difficult for anyone —
even those fervently in favor of



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day, Nov. 12, 2008. Choeying who heads the lar
itics said he was always optimistic.

independence — to come out stri-
dently against his policy.

Over the years, the Dalai Lama
has repeatedly compromised with
Beijing: rejecting calls for Tibetan
independence, speaking out
against the Tibetan violence in
the March riots, supporting the
Beijing Olympics.

"Every precondition the Chi-
nese set he has gone with it, and
he's never gotten anything in
return,” Powers said. The exiles
"asked for so little, and they gave
up so much, and now there's real-
ly not much left to negotiate."

These days, China has even
more power because of the glob-
al financial crisis, which has
increased Beijing's leverage as
financial-markets seek Chinese
help to calm the turmoil. That
makes many Western govern-
ments even less interested in
reaching out to Tibetans.

It's a situation that leaves many
Tibetans deeply confused.

"I want to be free from China
totally, but how to achieve that?"

‘asked Norbu Dhargay, a former

member of the Tibetan assembly
now living in Boston and a dele-
gate to the conference. "The mid-
dle way makes sense, but China

has not responded, China is not -

going to make any concessions."

With more ethnic Han Chinese -

moving into Tibet, and the 73-
year-old Dalai Lama's age and
health troubles forcing him to cur-
tail his travels, many exile leaders
believe there is little time to make
sure their movement doesn't
stumble into obscurity. '

"Time is against Tibet," Dhar-
gay said. "China has increasing
advantages."

INDOOR



PRESIDENT of the Students for a Free Tibet Tenzin Choeying speaks at a cafe in Dharmsala, India, Wednes-
ge Tibetan activist group and an important player in exile pol- ’

Some observers believe some
good came out of the conference.

Most obviously, the meeting
brought exiles together, said Rob-
bie Barnett, director of the mod-
ern Tibetan studies program at
Columbia University.

In recent years, the Dalai Lama
and the government-in-exile have

become increasingly distanced,

from an angrier generation of
young activists, many of whom
want an immediate declaration

‘of independence.

The radicals don't want to go
back to the days of direct mili-
tary confrontation with Beijing
— it has been decades since, the
last CIA-backed Tibetan guerril-
la units laid down their weapons.

Instead, today's radicals most-
ly push for stronger language —
demanding independence instead
of autonomy — and urging that
quiet compromise be traded for
aggressive political moves to
embarrass Beijing. They urge

such things as protests when Chi-’

nese leaders travel, and cam-
paigns to press Western nations to
join their cause.
' "The Dalai Lama got a huge
vote of support for his policy, but
it is surprising that he brought the
radicals with him," said Barnett.
"He seems to be reunifying what
was a fractured community."

As a cohesive group, he says,

’ they'll better ‘be able to face their

most pressing problem — creat-
ing a system that will survive the
death of the Dalai Lama.

The Chinese leadership
believes.time is on its side, as it
pours money, development:aid
and Han Chinese into Tibet while
the Dalai Lama grows older.

AP. Photo/Ashwini Bhatia



While Tibetan Buddhism has
generations of tradition setting
out how a Dalai Lama's successor
is found, the current Dalai Lama
has proven to be a charismatic
activist who can marshal moral
support abroad as he speaks in
favor of Tibet, spiritualism and
pacifism. The death of a Dalai
Lama — from the search for the
child seen as his reincarnation to
the generation spent training him
— traditionally has been a time of
infighting among the Tibetan
elite. That is time the Tibetan
exile movement cannot afford.

While the exile community pre-
sented a unified front at the con-
ference by supporting the middle
way, disagreement could be heard
hours later. "I'm, of course, dis-
appointed," Kelsang Wangchuck,
an exile activist, said after the
meeting closcd. "We are publicly
supporting the middle. path but
individually I am for freedom."

"We have to go for full free-
dom — independence. That's the
only option."

But what about China, which
says it will never grant indepen-
dence to Tibet — and insists the
middle way is really just a secret
plan for independence?

That is where Buddhist teach-
ings on cycles of death and rebirth
can make all the difference.

"Being Buddhist, we believe
nothing is permanent," the Los
Angeles-based delegate Tseten
Phanucharas said at the confer-
ence. "All powers do come to an
end. And China is no different."

Associated Press writer Sam
Dolnick in Dharmsala, India, con-
tributed to this report.

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THURSDAY, NOVEMBER 27, 2008, PAGE 29



goes

lm By GREGORY KATZ
LONDON

Eleanor Rigby: fact or fic-
tion?

That question, which has
bedeviled Beatles’ fans for
decades, may. be answered in
part by a 1911 hospital pay-
roll sheet to be auctioned in
London on Thursday, accord-
ing to the Associated Press.

The document, sent by Paul
McCartney in 1990 to the
director of a music charity
who had asked for funding,
contains the signature of a
scullery maid named "E. Rig-
by" who worked in a Liver-
pool hospital. ,

The director of the compa-
ny auctioning the document
believes the woman who
signed the payroll is the same
Eleanor Rigby buried in 1939
in a Liverpool graveyard next
to the church where McCart-
ney met the young John
Lennon.

"I've spoken to the person
who lived in the house where
she used to live, and they've
confirmed that the signature
is the same signature of the
person in the graveyard," said
Tom Owen of the Fame
Bureau auction house, adding
that the finding may contra-
dict McCartney's longtime
assertion that the song was
based on a made-up charac-
ter.

"It's intriguing that McCart-
ney owned it because he says
he created the song around a
fictitious figure," said Owen.
"And yet, how did he have
this document and why did he
have it? When he was asked
to donate money, he sent
this."

INTERNATIONAL NEWS

Mystery ‘Eleanor |
Rigby' document
to auction





AN ENTRY for Eleanor Rigby, a scullery maid, fifth line from bottom, is seen
in a page from a 1911 Corporation of Liverpool accounts book, in London,

Monday, Nov. 25, 2008.

Interest is so high it's esti-
mated the document may
fetch $750,000.

McCartney has said the
song was not based on a real
person but concedes he may
have been subconsciously
influenced by seeing the tomb-
stone.

When the auction was
announced earlier this month,
he released a statement reit-
erating that the character was
not real. "If someone wants
to spend money buying a doc-
ument to prove that a ficti-
tious character exists, that's
fine with me,"
said.

The payroll sheet was
signed by "E. Rigby" after she
collected her pay at Liver-
pool's City Hospital. McCart-
ney has not revealed how he
got the document, or why he
sent it to the charity 18 years
ago. |

According to the tomb-

stone, Eleanor Rigby was.

born in 1895. If she is the

McCartney |

Beatles instruments,"

_woman who signed the hospi-

tal payroll, she would have
been about 16 at the time. She
worked as a maid washing
pots and pans in the hospital
kitchen, the document says.
he song "Eleanor Rigby,"

released in 1966 as a single

and on the _ Beatles'

"Revolver" album, represent-
ed a sharp break for.the band,
which until then had largely
relied on cheerful tunes for
their international hits.

’ With its haunting refrain,
"Ah, look at all the lonely
people," it is a devastating
portrayal of an isolated
woman whose death draws so
little notice that no one
attends her funeral.

‘There are no rock 'n' roll
guitars or drums on the
somber track — McCartney's
lead vocal is backed by vio-
lins, violas and cellos arranged
by Beatles producer George
Martin.

"It's a Beatles song with no
said

Myles] oN seam eae ere mee) pn left are etl Ween John Lennon, Ringo Starr and George Harrison

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AP Photo/Sang Tan —

ANNIE MAWSON, Founder and Chief Executive of Sunbeams Music Trust charity, poses with a page from







AP Photo/Sang Tan





a 1911 Corporation of Liverpool accounts book with an entry for Eleanor Rigby, a scullery maid, in London,
Tuesday, Nov. 25, 2008. The only known documentation of Eleanor Rigby, sent to the Sunbeams Trust char-
ity without explanation by Beatles member Paul McCartney, and said to be the inspiration behind one of their
most-loved songs, is to be auctioned by The Fame Bureau, with an estimated price of GBP500,000

(USD758,000; euro 586,000).



“It’s intriguing
that McCartney
owned it
because he says
he created the
song around a
fictitious —
character.”



Tom Owen

Glenn Gass, a rock historian
who teaches a course on the
Beatles at Indiana Universi-
ty.

"It's just so bleak and so
sad: she picks up the rice at
someone else's wedding, the
whole image of her wearing a
face that she keeps in a jar by
the door. There are things
happening emotionally that
you just can't see. It's not a
pop song in any traditional
sense, but it's one of their
great songs."

- Lennon and George Harri-
son sing harmony; Ringo Starr
does not play or sing, although

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Beatles experts say he con-
tributed one line to the lyrics.
"Eleanor Rigby" is credited
to the Lennon-McCartney
writing team, but it is widely
regarded as primarily by
McCartney.

McCartney has said he con-
sidered naming the woman in
the song "Daisy Hawkins." He
also mulled naming the
unsympathetic priest "Father
McCartney" but decided on
"Father McKenzie" so his
own father wouldn't be bur-
dened. The song has had so
much impact that a statue
honoring Eleanor Rigby — be
she real or imagined — has
been built in downtown Liv-
erpool. Passers-by often place
flowers there. ,

Owen said "every penny"
from the auction will go to
Sunbeams Music Trust, a
charity that provides music
instruction to people with spe-
cial needs.

The charity's founder,
Annie Mawson, received the
document from McCartney
after writing him an 11-page
letter seeking help for her
foundation, which uses Beat-
les songs, among others, to
teach music to people with
physical and mental disabili-

Why

ties. She has found, for cxam.
ple, that autistic childrer
respond well to Beatles music

"IT told Paul McCartney hov
his music had helped so many
vulnerable children," she said

She hand-delivered the let-
ter to McCartney's Londor
office in 1989 and received the
hospital payroll document ir
the mail the following year. I
was in an envelope carrying
the logo of McCartney's worlc
tour, but did not contain any.
note. "I think my letter movec
him, so he sent me this beau.
tiful parchment document, <
ledger, from 1911, showing E
Rigby," Mawson said. "My
head was whirling when I sav
the significance."

Her plan is to use the pro-
ceeds from the auction tc
finally build a music instruc-
tion center in Cumbria, Eng:
land, where the charity is
based.

"This is what.I dreamt
about in the '90s," she said.
explaining that she held the
document for years as the val-

_ ue of Beatles memorabilia

soared. "It's taken this long
to develop the charity and get
a good team behind it and
now we really need a proper
center."

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PAGE 30, IHURSDAY, NOVEMBER 27, 2008

THE TRIBu. .—



Greenlanders vote on expanding autonomy

@ By JAN M. OLSEN
COPENHAGEN, Denmark

Greenlanders braved the
gloom of polar night to vote
Tuesday on whether to seek
more autonomy from Denmark,
amid growing speculation that
this barren Arctic island may
be sitting on oil reserves,
according to the Associated
Press.

he referendum is non-bind-
ing but a

step toward independence for
the territory, which relies on



"yes" would be a key’

Danish subsidies to sustain its
economy in one of the world's
most hostile environments.

The small, mostly Inuit, pop-
ulation is voting on a proposal
to give Greenland its own police
force, courts of law and coast
guard and to make Green-
landic, an Inuit tongue, the offi-
cial language.

Most importantly, it would
set new rules on how to split
potential oil revenue between
Greenland and Denmark.
Greenlanders hope to find
reserves off the western and



A YOUNG GIRL helps a man vote at a polling stations in Nuuk, Greenland

Tuesday Nov. 25, 2008 ina referendum on expanding home rule in the vast '
but sparsely populated Arctic-island: ree ane isa semiautonomous.Dan- -

ish teOONY:

4

southern coast of the glacial
island, although exploration so
far has been unsuccessful.
Voters turned up at voting
stations in 18 municipalities
across the island, from the cap-
ital, Nuuk, just below the Arctic
Circle to the remote northern
outpost of Siorapaluk, where

' 24-hour darkness reigns during

wintertime.

Some were dressed in tradi-
tional Greenlandic clothes, with
seal-skin boots and colorful
knitted sweaters.

A poll of 1,009 people in local
newspaper Sermitsiaq said 61
percent would vote "yes" in the
Cae and 15 percent would
vote "

The 1 ret were undecided or
would not vote. Pollster HS
Analyse gave no margin of
error.

The outcome of the referen-
dum is likely to be respected
because Denmark supports
greater autonomy for Green-
land and a phase-out of an
annual Danish subsidy of about
3.5 billion kroner ($588 million),
which accounts for two-thirds

of the island's economy.

The subsidy, which has risen
gradually since 1979, would
remain at the current level if
Greenlanders say "yes" and be
phased out if the country starts

. making money from oil.

About 39,000 people are eli-
gible to vote in the referendum;
which is based on the recom-
mendations this year-of a Dan-
ish-Greenlandic commission

_ assigned to identify areas in

which to expand home rule.
Under the plan, Greenland
would have more control over
their natural resources by get-
ting the first 75 million kroner
($12:6 million) of annual oil rev-

enue. Any income beyond that.

would be shared equally
between Greenland and Den-
mark.

The current agreement states
that the first 500 million kroner
($84 million) of oil revenue
should be shared equally, and
that the division of any amount
beyond that must be negotiated.

In 2001, drilling for oil and
gas in the deep ocean off

Greenland's west coast resumed.
30 yeats-after a previous effort?
failed:to find any-petroleum.»





AP Photo/Leiff Josefsen

AMAN votes at a polling. stations in Nuuk, Greenland on Tuesday Nov. 25, 2008 in a reforsaelurn on expand-
ing home rule in the vast but sparsely populated Arctic island. Greenland is a semiautonomous Danish ter-
ritory. The small, mostly Inuit, population will decide on a proposal to expand home rule to: 30 new areas,
including police, courts of law and maritime environment. It also sets guidelines on how to split potential oil
revenue between Greenland and Denmark.



“I suppose
some people
may not go to
the voting
places if
there’s a
storm or bad
weather.”



Lars Villadsen

The renewed search comes as
countries in the northern region
stake their claims to natural
resources exposed by the melt-
ing.of the Arctic ice cap.

- --Greenland became.a Danish - ..
_ colony in 1775 and remained so

until 1953, when Denmark
revised its constitution and
made the island a province.
Under the 1979 Home Rule
Act, Greenland got its own par-
liament and government, and
self-determination in health
care, schools and social services.

Foreign and military affairs
are controlled by Copenhagen
and Denmark's Queen Mar-
grethe is the head of state.

~All of Greenland's main
political groups support more
autonomy except the small
opposition Democrats, who
have questioned whether the
island can afford to take over
the more than 30 new areas of
responsibility outlined in the
referendum.

’ Opponents have also raised
concerns about Greenland's
social problems, such as wide-
spread alcohol abuse and a high
suicide rate.among teenagers.

Greenlanders, older than 15 |
drink an average “of 11.6 liters »

(more than 12 quarts) of pure
alcohol per year, the highest in
the Nordics, according to offi-
cial health statistics.

The Arctic island's suicide
rate for teenagers between ages
of 15 and 19 is 400 per 100,000,

_or 13 times higher than the rate

in Denmark, according to offi-
cial statistics. Election officials
were hoping for a high turnout
despite freezing temperatures,
ranging from 28F (-2C) in Nuuk
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from the North Pole.

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not go to the voting places if
there's a storm or bad weath-
er," said Lars Villadsen, a sec-
retary for the election board.

Nevertheless, he said Green-
landers felt strongly about the
referendum and he expected
turnout to exceed the-.67 per-
cent who voted in 2005 Panis
mentary elections.

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INTERNATIONAL NEWS







») Vi THIS UNDATED handout photo provided by NOAA shows the hull remains of the so-called “Black Rock Wreck”

Researchers discover

“Trouvadore slave ship SALE

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AP Photo/Search for the Slave Ship Trouvadore/NOAA

_ measured: and compared to the dimensions of known shipwrecks off East Caicos. Through a meticulous

Hh : process of elimination, the archaeological team was able to rule out all of the ships except the Spanish slave
\ ship Trouvadore. Archaeologists have found the remains of a Spanish slave ship that wrecked in the
ADs Caribbean 167 years ago. The 192 African. survovors settled in the Turks and Caicos islands, where many

residents today are their descendants.

: mBy RANDOLPH E. SCHMID
i» AP Science Writer
WASHINGTON

. « Marine archaeologists have
“found the remains of a slave
hip wrecked off the Turks and
Caicos Islands in 1841, an acci-
dent that set freé the ancestors
of many current residents of
those islands, according to the
Associated Press.
Some 192 Africans survived
‘the sinking of the Spanish ship
Trouvadore off the British-ruled
slands, where the slave trade
‘ was banned.

Over the years the ship had
been forgotten, said researcher
=< Don Keith, so when the discov-













"was a kind of shock, a lack of
in a briefing organized by the

* Atmospheric Administration.

But after word got out "peo-
ple really got on board with it,"
he said, and the local museum
has assisted the researchers. He
said this is the only known
| wreck:of a ship engaged in the
illegal slave trade.

Keith and his’co-researchers



from the Texas-based Ships of |

Discovery organization came
across a letter at the Smithson-
ian Institution that referred to
the sinking and began their
search for the ship.



= ~ Trinity
a . Annual

oh, ery, connected the ship .to cur-"
pont residents the first response *

comprehension.” he explained:

U.S. National Oceanic and.

Methodist Church |

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Saturday 29th November 2008 -
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"The people of the Turks and
Caicos have a direct line to this
dramatic, historic event — it's
how.so many of them ended up
being there. We hope this:dis-
covery will encourage the peo-
ple of the Turks and Caicos to
protect and research their local
history, especially the history
that remains underwater," he
said.

"It really is a mystery, it's a
detective story," added marine
archaeologist Toni Carrell.

"We do all of this because we
recognize the importance of his-
tory. This is an important part
of the Turks and Caicos histo-
ry," she said.

The team was-able to deter-

“inine that authorities on the:
“islanids‘apprenticed the Africaris
to trades for a year and ‘then:

allowed them to settle on the
islands, many on Grand Turk.
The Spanish crew was arrested
and turned over to authorities in
Cuba, then a Spanish colony.

An 1878 letter refers to the
Trouvadore Africans as mak-
ing up the pith — meaning an
essential part — of the labor-
ing population on the islands.

When the wreck was first dis-
covered in» 2004 it was named
the Black Rock ship because
the researchers were unsure of
its identity. They have since
become convinced by the timing
and design of the vessel that it is
the Trouvadore.







penn














"We were not fortunate

_ enough to find a bell with

'Trouvadore' on it," Carrell
explained. Useful parts of the
ship had been salvaged before
winds and currents carried it
into deeper water.

"It's rare and exciting to find’

a wreck of such importance that
has been forgotten for so many
years," said Frank Cantelas,
marine archaeologist for
NOAA's. Office of Ocean
Exploration and Research.
The team also found the
remains of the U.S. brig
Chippewa, a ship built for the
War of 1812 which was engaged
in chasing pirates when it was
lost in 1816. That vessel was

“identified by the unique type of
‘cannons, called, carronades, at's
‘cartied. ~

Indeed, the researchers said
the Turks and Caicos now’ pos-
sesses one of the world's best
collections of carronades.

NOAA provided ‘about. .

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THURSDAY, NOVEMBER 27, 2008, PAGE 33



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INTERNATIONAL NEWS



N says aid to Darfurians can't go on indefinitely

m By SARAH EL DEEB
KALMA CAMP, Sudan

The U.N. humanitarian chief warned.Tuesday that international

‘aid for millions of Darfur residents can not go on indefinitely and

said the Sudanese government and rebels must negotiate a solution that
would allow the displaced to return home, according to the Associated
Press. John Holmes made the comments as he visited Kalma camp,
home to around 100,000 of the more than 2.5 million people displaced
by fighting in the large region of western Sudan since 2003.

Earlier this month, Holmes appealed for $2.2 billion in donations to
fund U.N. aid for Sudan, most of which would go to Darfur. The
world body is providing food and other supplies not only to residents
of camps but also to 2 million more Datfuris who are affected by the
war but remain in their homes.

Holmes said that while security in Darfur continues to deteriorate
and more people are being displaced by violence, many cases are not
emergencies because people are reasonably well settled in camps.

"People are -.ot dying of starvation," he told reporters. But "the
problem is that people have been in camps for four or five years now.
We need to find some solutions quickly so we don't have to go on doing
this indefinitely."

"Tt certainly depends on the generosity of the donors, which has been
there so far. That generosity has its limits," Holmes added. "Obviously
the thing is to find a solution, a negotiated solution which will allow peo-
ple to go home and start their lives normally that is their objective."

The United Nations is trying to persuade Darfur rebels to open
new peace negotiations with the Khartoum government after Sudanese
President Omar al-Bashir offered a cease-fire and said he was willing
to address some rebel demands. So far, rebels have rejected an imme-

diate cease-fire} demanding Khartoum disarm the feared Arab militias:

known as janjaweed. Meanwhile, government forces and airplanes
have bombed roads and clashed with rebel fighters in some areas in
northern Darfur since the cease-fire offer, feeding the rebels’ distrust.

The conflict in Darfur has pitted the Arab-led Khartoum government
against mainly ethnic African rebels who rose up in 2003, complaining
of discrimination. Khartoum is accused of unleashing the janjaweed,

who have waged a campaign of violence against ethnic African civilians, .

’ including killings and rapes. U.N. officials say up to 300,000 people have

!
|

been killed in the conflict. The government says the figures are exag-
gerated.

Al-Bashir also faces a possible arrest warrant from the Interna-
tional Criminal Court after prosecutors there announced genocide
charges against him for allegedly ordering the campaign against civil-
ians. ICC prosecutors have also announced war crimes charges against
three rebel leaders for allegedly leading a 2007 attack on U.N. peace-
keepers. Holmes on Tuesday met with tribal leaders in Kalma, some of
whom asked for greater security, pointing to a government attack on
the camp in August in which 33 residents were killed. Khartoum has
said the operation aimed to root out gunmen sheltering in the camp.

Darfur has also seen an increase in attacks by armed bandits on aid
workers, particularly hijackings of vehicles and equipment. Holmes
warned that the attacks could effect efforts to get humanitarian help to
Darfur residents outside the main camps.















AP Photo/Sana

SYRIAN PRESIDENT Bashar Assad, right, meets with the Sudanese
minister of industry, Jalal al-Dageir, in Damascus, Syria, Sunday Nov.
16, 2008. Syria’s official news agency /SANA/ said al-Daqeir conveyed
to Assad a message from the Sudanese President Omar Hassan al-
Bashir dealing with the recent developments on the Sudanese arena in
general and in Darfur in particular.



China expands police presence below Mount Everest

@ By CHRISTOPHER BODEEN
BEIJING

China's border police have significantly
beefed up their presence at the base of
Mount Everest amid rising visitor numbers
and increasing cases of theft, prostitution

and gambling, state media reported Tues- °

day, according to the Associated Press.
The influx of people to the area has
brought increased crime to the north face of

' Everest, and Chinese authorities last year

C



pledged to boost the polide presence fol-



lowing reports of thefts of food, oxygen
tanks and climbing gear. .

Visitors to Everest also complain about
unethical guides, tricksters selling defec-
tive oxygen bottles, prostitution and gam-
bling on the Tibetan side.

A former police post housed in a trailer
has been upgraded to a full police station,
complete with a modern 19,375-square-foot
(1,800-square-meter) facility situated at
17,060 feet (5,200 meters), according to the
report.on the Tibet Daily's Web site.

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The report said the station had opened
recently but gave no exact date and calls to
the border police command in Tibet's cap-
ital, Lhasa, rang unanswered.

The officers are charged with securing
the boarder, combating crime, and helping to
clean up used oxygen canisters, discarded
tents, and other garbage littering the area,

the report said, citing the station’ s com,

SUDANESE PRESIDENT
Omar Hassan al-Bashir,
right, is greeted by a
supporter during a con-
ference in Khartoum,
Wednesday, Nov. 12,
2008. Al-Bashir has
announced a unilateral
cease fire by govern-
ment forces in the dev-
astated Darfur region
and is calling for rebels
~ to join in peace negotia-
tions.

AP Photo/Abd Raouf

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PAGE 36, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE



INTERNATIONAL NEWS

unni might withhold support for US pact

U.S. SOLDIERS stand
guard during a ceremony
for the opening of the
headquarters of the local
Awakening Council in the
dominantly Sunni neigh-
borhood of Fadhil in
Baghdad, Iraq, Tuesday,
Nov. 25, 2008.

Karim Kadim/AP Photo -

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lm By CHRISTOPHER
TORCHIA
BAGHDAD

A leader of the largest Sun-
ni Arab bloc in parliament
hinted he might withhold sup-
port for a proposed pact that
would allow. American troops
to stay in Iraq through 2011,
making it difficult for the Shi-
ite-led government to win the
big victory it needs in Wednes-
day's vote, according to the
Associated Press.

A comfortable parliamen-

- tary majority would ensure the

legitimacy of an agreement
that sets a clear timetable for
U.S. withdrawal after years of
war and could lead to full sov-
ereignty for Iraq.

But intense debate and
backroom dealing continued
over the pact, which has sup-
porters and detractors from
both Sunni and Shiite com-
munities jockeying for political

‘gain ahead of provincial and

general elections next year.

"The national division over
the agreement is very clear,"
said Vice President Tariq al-
Hashemi, who leads one of
three parties in a Sunni bloc.
called the Iraqi Accordance
Front. "Consensus appears to
be very difficult, if not impos-
sible," he said Tuesday.

Al-Hashemi is a member of
a Sunni bloc that seeks a
national referendum on the
U.S.-Iraqi security pact and
other concessions in exchange
for its support for the agree-
ment, a position that Prime
Minister Nouri al-Maliki has
described as political black-
mail.

Even if parliament passes
the deal — only the barest of



AP Photo/Hadi Mizban

IRAQI BOYS play with marbles during a joint U.S. and Iraqi military
security sweep in the Sadriyah neighborhood in Baghdad, Iraq,
Tuesday, Nov. 25, 2008.



“The national
division over
the agreement is
very clear.
Consensus
appears to be
very difficult, if
not impossible.”



Tariq al-Hashemi

majorities would do the trick
— it faces an additional hurdle

_because the three-man Presi-

dential Council, which
includes al-Hashemi, must
then ratify it. Each of the
three has veto power.
Another obstacle is that if:
the agreement: passes with a

- narrow majority, it could

prompt, the country's most

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influential Shiite cleric, Grand

_ Ayatollah Ali al-Sistani, to

express his dissatisfaction pub-
licly. That would likely sink
the deal. Al-Sistani is revered
by Iraq's majority Shiites. He -
has indicated that the agree-
ment was less than ideal but
would not object if it passes
by a comfortable majority.

If the deal is finally

‘approved, it would set in

motion an American with-
drawal that could be acceler-
ated if President-elect Barack
Obama makes good on a plan
to pull out all combat troops
within 16 months of moving
into the White House in Jan- .
uary. But the Iraqi govern-
ment has struggled to win over
skeptical lawmakers, who see
an easy political target in an
agreement negotiated with a
foreign government that has
forces on Iraqi soil. Debate in

‘parliament degenerated into

scuffles last week, and Iraqi
leaders have delivered increas-
ingly dire warnings about the
security. and economic threats
to Iraq if the deal does not
pass. U.S. forces are currently
operating under a U.N. man-
date that expires Dec. 31. If
the security pact is rejected
and the U.N. mandate is not
renewed, American forces
would be confined to their
bases, leaving Iraqi, troops to

“fendd for themselves in a coun-

try where security concerns
have hampered development.

"The alternatives are dan-
gerous," Deputy Prime Min-
ister Barham Saleh said.
"They will push Iraq and its
young political experiment
into the unknown. ... Let us

- not play with the future of this

country."

A senior Sunni lawmaker.
Omar Abdul-Sattar, said the
Presidential Council was
working on a package of polit-
ical reforms demanded by sev-
eral blocs in exchange for their

' support of the agreement.

The package would be put
to a vote in parliament
Wednesday, al-Sattar said. If
approved, it would go to the
Presidential Council for rati-
fication, he said.

The White House expressed
hope that parliament would
approve the pact, and referred
to bombings in Baghdad a day
earlier that killed at least 22
people, by an Iraqi count.

"If you look at the violence
that took place there yester-
day — that was indiscriminate
and killed many people — it
reminds us that the Iraqis have
come a long way," White
House press secretary Dana
Perino told reporters. "But
they're not quite there yet to
be able to take care of all their
security needs on their own,
and they continue to need our
support."

Al-Maliki's Cabinet has
approved the agreement. But
the ruling coalition's main Shi-
ite and Kurdish partners
would muster only a slight
majority in the 275-seat legis-
lature if the 44-seat Accor-
dance Front, also represent-
ed in the coalition, remains
opposed to the agreement.

Thirty lawmakers loyal to
anti-American Shiite cleric
Muagtada al-Sadr have reject-
ed the deal. ~

The deal requires U.S.
forces to withdraw from the
cities by June 30 and from the
entire country by Jan. 1, 2012,
and places them under strict
Iraqi oversight. It gives Iraq
limited judicial rights over

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THE TRIBUNE

THURSDAY, NOVEMBER 27, 2008, PAGE 37





‘INTERNATIONAL NEWS




Petros Giannakouris/AP Photo

AN IRAQI CHRISTIAN woman leaves a Church in Tal Kaeef, north of Mosul, 225 miles (360 kilometers) north-
west of Baghdad, Iraq, on Tuesday, Nov. 11, 2008. Since the U.S.-led invasion in 2003, Iraqi Christians have
been targeted by Islamic extremists who label them ‘crusaders’ loyal to the United States. Many Christians
here say they want to flee and , if possible, abandon a town where their ancestors have lived for generations.

Some fearful Christians
are hoping to flee Iraq

@ By DENIS D. GRAY
TAL KAEEF, Iraq .

Young Christian women in
tight jeans mingle easily with
Arab matrons draped in black,
_ head-to-toe robes. Both church
'. Spires and mosque minarets rise
above the low-slung houses.

Violence is rare; according to’

the Associated Press.

"The people here ldok out

for each other — Arabs, Chris-
tians, Kurds, Yazidis. If all of

Iraq was like this, it would be a

great place," said Ist Lt. Jeremy
Glosson, leading ‘a,U.S. Army
patrol through Tal Kaeef's
medieval-like alleys.

And yet, many Christians
here say they want'to flee a
town where their ancestors have
lived for generations and, if pos-
sible, to abandon a country
where their religion has sur-
vived for some 2,000 years —
longer than in Europe — but
one they fear is growing ever

“more violent:,

ms "Nobody is threatening | us,
‘but it's still dangerous., ‘Ail the
Christians want to leave. I want
to leave now,":said Robert
Esho, a 35-year-old resident,

reflecting a national community

on nerve-edge, where even
small-scaled incidents can spark
panic.

Last nidntl; in the nearby. .

northern city of Mosul, about
10,000 Christians by govern-
ment estimate bolted from their
homes after several killings and
intimidating incidents, general-
ly believed. to have been car-
ried out by Islamic militants.

Most recently, their fears

were heightened when gunmen
attacked the home of a Christ-
ian family in Mosul, killing two
sisters and wounding their
mother. The attackers booby-
trapped the house and an Iraqi
policeman was injured ina blast

when he came to investigate, »

US. officials said.

Some Mosul residents are fil-
tering back, but others are living
with relatives in the safer coun-
tryside or have sought refuge
in neighboring Syria despite

government pledges of finan-

cial support and protection.

The recent flight of Christians
occurred against a backdrop of
violence against the faith. .

Churches, priests and busi-

nesses of the generally prosper-
ous, well-educated community
have been attacked by militants
who denounce Christians as
pro-American "crusaders" —
reference to the European
knights who warred against the
Muslim Middle East in the 9th
through the 11th centuries.
Some ‘Christian women now
wear Islamic veils for fear of
being set afire or killed.
. In an exodus which began
after the 1991 Gulf War, and
escalated dramatically after the
U.S.-led invasion in 2003, Iraq
has lost more than half its Chris-
tian population of some 1 mil-
lion. °

In Mosul, now Iraq's dead-
liest city, this year opened with
coordinated attacks on church-
es and monasteries as Christians
celebrated Epiphany. The body
of Paulos Rahho, the Chaldean
Catholic archbishop of Mosul,
was found in March following
his abduction by gunmen after a
mass.

"Over the last six to seven
years we have endured only
tragedy so the future may prove
to be just like the past," said
Youell Adam al-Reekami, own-
er of a dry goods store here
whose brother lives in New
Zealand. Some relatives left for
Syria two months ago.

Tal Kaeef, with some 20,000
people, has been largely spared
the worst violence, having made



“Nobody is
threatening
us, but it’s still

dangerous. All

the Christians

want to leave.”



Robert Escho

an effort to isolate itself from
Mosul, some 12: miles to the
south, and retain its traditional
tolerance.

The town includes many of
Iraq's ethnic and religious
groups — the Kurds, who dom-
inate Iraq's northernmost
provinces; much-persecuted
Yazidis, adherents of a faith that

combines ancient beliefs with .
-elements of Judaism; Christian-: *

ity and Islam; Christians of sev-
eral ancient sects; and Sunni
Muslims, who make up the
majority.

It is encircled by a defensive
earthen wall erected in recent
years and protected by Iraqi
forces and Kurdish militia, said
Glosson, a platoon leader with
the 3rd Armored Cavalry Reg-
iment from Huntsville, Ala.
Violence in general is rare here,
with Glosson and police saying
there were fewer than six inci-
dents in the past-year.

But Tal Kaeef has not been
able to cloister itself from the
general atmosphere of fear.

When a car bomb exploded
this summer at the town's police
station, Christian families. liv-
ing nearby fled their homes in
the mistaken belief that they

‘had been the targets, the lieu-

tenant said.

And last month, some 200
Mosul families found refuge
here, further fueling anxiety.
These included Hanny Kamel
Nasser, his wife, five children
and other relatives, who fled to
the town after his cousin was
killed by gunmen in Mosul "just
because he was a Christian."

Nasser said he was more
afraid of the climate of violence

in Iraq than the religious divide
. between Christians and Mus-

lims.

"There is just no law in this
country. Judges won't sentence
criminals because they are
afraid," he said. "How can there

be a future here, in a culture ,

like this? " ,

Nasser said he wants to sell
his vehicle repair shop, and
move his family to where many
are fleeing — villages farther

‘north and west in Nineveh.

province which are predomi-
nantly Christian and protected
by the Kurds and even their
own armed guards. Some Chris-
tian groups harbor what is prob-
ably ‘a hopeless dream: carving
out an autonomous zone in this
region.

"It is all terribly sad," said al-
Reekami, talking-of the diaspo-
ra of his people and Tal Kaeef's
deep Christian roots.

Down a narrow, winding
alley crowded with square,
stone and mud houses with high
walls and inner courtyards —
variously reminding Glosson's
soldiers of medieval Italy and
biblical times — stands the
imposing Church of the Sacred
Heart of the Chaldean Catholic
Church, some of whose mem-
bers still speak. Aramaic, the
language of Christ, and recog-
nize the authority of the pope.

Others in the town adhere to

the Ancient Church of the East :

of the Assyrians, descendants

- my Kurdish friend,"

_of an ancient empire who con-

verted to Christianity in the 1st

century A.D., six centuries

before the coming of Islam.
"We used to live as one fam-

ily. Here is my neighbor and

brother, an Arab. And here is
said al-
Reekami, gesturing toward two
old men, who both nodded

‘assent. "I have known some of~

these people for 50 years."
Nasser described how his
Arab. neighbors stopped

‘masked intruders from trying

to break into his house after the
family fled. Others ftom his al-
Saah neighborhood’ told
assailants, "If you want to kill
the Christians you must kill us
first."

Maher Jebraeel Asmar, who
returned to Tal Kaeef from
Detroit to help his pregnant
wife with the process of entering
the United States, also
expressed hope.

"If the situation becomes bet-
ter, if there is safety, my family
will.come.back," he. said,."It's
our country. We have lived here
for centuries."

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PAGE 38, THURSDAY, NOVEMBER 27, 2008

s COMIC PAGE

THE TRIBUNE







Tribune Comics

JUDGE PARKER

AS SAM ENTERS
HIE HOTEL ROOM
HE HEARS A VOICE
BEHINP HIME















UH---IT'S
A LITTLE
LATE AND




YOU WERE
TALKING ON
THE PHONE!








DIXIE...I DIDN'T
HEAR YOU COME
UP BEHIND ME!

T/M NEVER DRINKING
BOURBON AGAIN-’
I MADE
“A FOOL OF MYSELF
LAST NIGHT COMPLAINING
ABOUT GARY.




‘©2008 by North America Syndicate, Inc. World rights reserved.



WOW! "GASOLINE ALLEy"

IS CELEBRATING 90
YEARS TODAY!

CAN YOU BELIEVE A
COMIC STRIP COULD BE SO
GOOD FOR SO LONG?

‘© 2008 by King Features Syndicate. Inc. World Rights reserved





TIGER

WE'RE CLOSING
OUR TREE House
FoR THE SEASON



HAGAR THE HORRIBLE

WEN Ue see Or EMEA OL TERE, 1 ME Ne SIMO ELIE AT) Kuch simpler had he nie
FORGETTING OUT THOEE YOU LEFT BPHIND ie PERS LEE it much simpler had he noticed




* ©2008 by King Features Syndicate, Inc. World right

' CRYPTIC PUZZLE :

Across in a Me Down
1 Pot roast? (5) ‘ 2 Instrument with the stamp

8 Common sense about a of fine stuff (8)
habit arousing disgust (8) 3 Left in error? (3,5)

9 An entrance made of 4 Holy area in outskirts of
stone (5) Samarkand (6)




10 Wet weather.at the start of 5
December is tiresome (8)

11. It can turn into quite 6
a lark (5)

12 Spot of bother some meet’ 7
head-on (3)

16 Sid has to be back before 12
she cooked meals (6)

17 Making port, Edward was 13
very boisterous (6)

18 A bird that is quietly going 14

Meat jelly made with a
non-Eastern spice (5)

Is old, perhaps, but

. dependable (5)

A habit socially acceptable
and wise (5)

Clasped at the heart — by
Cleopatra? (3)

Naturally it lacks
refinement (3)

The mannequin went









THINGS ABOUT,
MEN 7











CALVIN & HOBBES

WhEN I gRoW Up, 1
WAN+ to bE AN INVENTOR.
First I Wilk INVENT

4 tiMeE MACHINE.







TL DIDN'T HEAR
ANYONE ARGUING

SHOWING UP ON WALTS
DOORSTEP.”

ThEN I'LL coMe back
to YesteRday



“WHAT A STORY, LITILE SKEEZIX “KINDA LIKE ME
SHOWIN’ UPON YOUR
DOORSTEP ENERY DAY.”








Sunday

aNd taKE MYSELF
to TOMORROW

aNd SKIP +HIS
dumb ASSIGNMENT.



_ Sudoku Puzzle ~

Sudoku is a number-placing puzzie based on a 9x9 grid with
several given numbers. The object is to place the numbers 1 to
9 in the empty squares so the each row, each column and each
3x3 box contains the same number only once. The difficulty
level of the Conceptis Sudoku increases from Monday to





oS
oo9



Re
SoS
os

sSoS

Se.

SS
eS 2
Soe

SOs

SS
><>





Difficulty Level *



ARMERONE \-24











©2008 Conceptis Puzzles, Dist. by King Features Syndicate, Inc.

11/24

Best described as a number crossword, the task in Kakuro is to
fill all of the empty squares, using numbers 1 to 9, so the sum of
each horizontal block equals the number to its left, and the sum
“of each vertical block equals the number on its top. No number
may be used in the same block more than once. The difficulty
level of the Conceptis Kakuro increases from Monday-to Sunday.











co|co|no
lols
pa



E= 4 ©2008 by North America Syndicate, Inc, World rights reserved.







Bes









Difficulty Level *&

Predrag Nikolic v Stefan Djuric,

White (to move) is certainly
winning , though he has to be
careful of 1 Qxf6?? Nxf2 mate.
GM Nikolic, Bosnia's top player,
managed to grind out the full



that White has a forced mate in
four, every move a check, in the _
diagram. Can you do better, and
demonstrate White's imminent
victory?

\:






















lr iz
tm a et!
oe) Ml bet
eh he

i mm mm! |



















Yugoslavia 1983. Another case of —
a grandmaster missing checkmate.

























































Reactor, 21 Lanyard, 23 Facer, 25
Laser, 26 Floe.

Souwester, 20 Travail, 21 Fitness,
23 Bogus, 25 Cobra, 26 Shed.

ahead (3) ahead and posed (8)
23 The spirit of my French 15 Asongwriter seldom gets Ww Across Down
translation (5) confused with it (8) “4 1 One's strong point (5) 2 Biased (3-5)
24 ae they sung in deep 19 Dressed up and ready to N 8 Pursued by the police 3 Hypooritical (3-5)
voices? (3,5) go? (2,4) 5 (2,3,3)
25 Clear the ground (5) 20 Make a move to be out of OQ. oe 4 Asa precaution (2,4)
9 Cruel king of the
26 A pause in travel bed (5) | > J 5 5 To tremble (5)
abroad (8) 21 Terminal heart trouble (5) ~” avs {S) ; 6 Dynamic quality (5) :
27 Unusually staid * 29° Provide regular meals for q 10 Uncontested victory (8) aie
entrances (5) "the management (5) Lu 11 Competitor (5) 7 Grow threateningly (5)
: 12 Avegetable (3) 12 Small enclosure (3)
Yesterday’s Cryptic Solution Yesterday’s Easy Solution . 16 Goback(6) ~ 13 Venomous snake (3)
Across: 1 East Berlin, 6 Able, 10 ’ Across: 1 Noteworthy, 6 Flow, 10 17 Revolver (3-3) 14 Dig out (8)
Serve, 11 Addressee, 12 Anathema, Maker, 11 Gold medal, 12 Maltreat, 18 Snooze (3) ‘
13 Leant, 15 Tellers, 17 Scooter, 1913 Ranch, 15 Anarchy, 17 Riposte, 9g ern aby es)
Integer, 21 Lookout, 22 Elfin, 24 19 Attract, 21 Fortune, 22 Habit, 24 obust (5) 49 Onbad terms (2,4)
Annalist, 27 Orchestra, 28 Steel, 29 Attacker, 27 Aggravate, 28 Batch, . 24 Response to”
Earl, 30 Trade route. 29 East, 30 lll-starred. situation (8) ey Nae below church (5)
Down: 1 Easy, 2 Springlet, 3 Bleat, 4 Down: 1 Name, 2 Take apart, 3 : 21 Falter (5)
Readers, 5 Indians, 7 Basra, 8 Worst, 4 Roguery, 5 Holster, 7 25 Counterfeit (5)
Electorate, 9 Well-to-do, 14 Strike Laden, 8 Well-heeled, 9 Improper, 26 Rule out (8) 22 Approach under
home, 16 Engender, 18 Trousseau, 20 14 Paraphrase, 16 Claptrap, 18 27 Astone fut (5) cover (5)













Nj} O}]OD)/ GIN



©2008 Conceptis Puzzles, Dist. by King Features Syndicate, Inc.

IINIES
Nj B[o)n]=]a/rjoo















—+/010/M, &)/O}O1N) oO







Ni Alo
on
DiD/n
nolo]
‘|e

115
ae 7/31911 M6 (8 (3 [1
8 917/8|4 Ba7 [9/8 /3
6 A GE.
31211 M5 /8 (21917
2/517/9/8
3 1/5/1817 19 B14 12/4
[2 3/9 Hage {8 i9 BR5/8
(1! 7(8/6|9 M6 (8 | 1/2
9 217(1(8 Bais 9 [317









‘Chess: 8748: 1 BeG1+ KeB (H KAS ox Kxd8 2 GAT mate} 2

HOW many words of -
taur letters or more Cay
you muke from the
Jatters shown here? .
In making « word, rach
letter siny he used once
R



Wo plarcats, or verb forms
ending in “s", no wards
with inivial capltass

ancl no words with a
hyphen or apostrophe
permitted. The first
ward of a phrase Is
permitted (ez. inkiet

in inkjet printer).

TODAY'S TARGET

C2008 16: very good 24;
excellent 31 (or more>.
Sohation Monday.

YESTERDAY'S SOLUTION
acme acumen amen
amine came camp
cinema cumin emit
encamp impxct ‘impute
inmate jtem mace
main mane manic
Rte mean meant.
meat menu mica mien
mince mine minc
minuet niinute mite
mute name
PNEUMATIC puma
pumice tame tamp
team temp time
ot uptime





Famous Hand

West dealer.
North-South vulnerable.

NORTH
386532
Â¥10
41073
$1053
WEST EAST
@Q1074 @AK9I
Â¥J876 VK 43
$Q9864 @KIJ52
b — hAK 6
SOUTH
a
VÂ¥AQ952
A
#QJ98742
The bidding:
West North East South
- Pass Pass 2 NT 3h
Pass 44 ‘Pass 5 &
Pass Pass Dble

Opening lead — six of diamonds.
This dramatic deal occurred in a
playoff match to determine the team
to represent the United States in the
1973 world team championship.
At the first table, Bill Grieve

(playing with George Rapee) over-

called two notrump with three clubs,
intending this to show a genuine club
suit. But Rapee, justifiably or not,
read three clubs as an artificial bid
showing length in both majors, and
jumped to four spades.

That response did not sit well
with Grieve, who retreated to five
clubs. After two passes, East —
holding 21 high-card points includ-
ing the A-K of trump — doubled.

Amazingly, five clubs tuned out
to be unbeatable! Grieve won the
diamond lead with the ace, played
the ace of hearts, ruffed a heart,
ruffed a spade and ruffed another
heart, felling the king. He then gave
up two trump-tricks to make his dou-
bled contract.

At the second table, the bidding
went:

West North East South
Pass Pass 2NT Pass
3& Pass © 34 Pass
3 NT

John Swanson, playing with Paul
Soloway, was South at this table and
elected to pass two notrump because
he and Soloway were playing that
three clubs would promise both
majors.

When the bidding died at three
notrump, Swanson passed again —
this time because he thought he had a
good chance to beat the contract with
a club lead. This proved to be an illu-
sion when declarer won the club
queen with the king and returned the
king of diamonds to secure nine
tricks and a total gain of 1,150 points
for his team.

Tomorrow: The case of the missing queen.
©2008 King Features Syndicate Inc.



THE TRIBUNE

CONCEPCION _

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THURSDAY, NOVEMBER 27, 2008, PAGE 39

Pirates move supertanker with

$100m of oil farther from coast



IN THIS FILE PHOTO provided by the U.S.



Navy, the Liberian-flagged oil tanker MV Sirius Star is

P Photo/US Navy, Petty Officer 2nd Class William Stevens

A

at anchor,

Wednesday, Nov. 19, 2008 in the Indian Ocean, off the coast of Somalia.

lm By MOHAMED OLAD HASSAN
MOGADISHU, Somalia

Somali pirates have taken their greatest prize —
a Saudi supertanker with $100 million of crude oil —
farther offshore in what appears to be a rare defen-
sive move following threats by Islamic insurgents,
according to the Associated Press.

The pirates have dominated: Somalia's high seas
for the past year, bringing in some $30 million in ran-
som despite stepped up international efforts to fight
them including foreign warships guarding the waters.

But the Nov. 15 hijacking of the Sirius Star was the
pirates' most audacious to date and prompted threats
from Somali extremists.

Last Friday, Islamic fighters promised to fight
the pirates and free the ship because it was Muslim-
owned and flagged under Saudi Arabia. Two days
later, pirates moved the ship about 28 miles (45

kilometers), putting it about 30 miles (50 kilometers)

off the coast of the coastal village of Harardhere.
The fighters said they represented al-Shabab —

‘the Islamic group waging a deadly insurgency in .

Somalia — but the group's leadership denied that
Tuesday, saying the threats were not from the
group's official spokesman.

Roger Middleton, author of a recent report on
piracy for London-based think-tank Chatham
House, said it was unclear whether al-Shabab intend-
ed to seriously attack or if the group was just pos-
turing.

"It is possible that al-Shabab see eradicating pira-
cy as a means toward garnering some sort of inter-
national acceptance," he:said. "It's unclear whether
they really want to do it or just say it to improve their
image ... The element of embarrassing the (govern-
ment) and highlighting how incapable they are may
also have played a part for them."

Al-Shabab had never attacked a pirated ship
before, he said;:but militias linked to the Puntland
administration-in-northern Somalia had twice inter-
vened when pirates'captured a ship with connec-

November

tions to Somali business interests.

Somalia has not had a functioning government
since 1991. Piracy was almost wiped out during a pre-
vious Islamic administration in 2006. But since then,
ransoms have increased significantly, providing mul-
ti-million-dollar hauls. Some factions of the insur-
gency are believed to be benefiting from the crimi-
nal enterprise by providing protection rackets and
taking a cut of the ransom.

There have been at least 96 pirate attacks so far
this year in Somali waters, with 40 ships hijacked. Fif-
teen ships with nearly 300 crew are still in the hands
of Somali pirates, who dock the hijacked vessels
near the eastern and southern coast as they negoti-
ate for ransom.

On Tuesday, the British Broadcasting Corp.
reported that they contacted a pirate on board the
Sirius Star who said the ship owner has not con-
tacted them and that they have not yet set a ransom.
The BBC said the pirate identified hirhself as Day-
bad.

"We captured the ship for ransom, of course, but
we don't have anybody reliable to talk to directly
about it," Daybad said.

The captain of the Sirius Star, Marek Nishky,
told the BBC he and his crew have no complaint and
have been allowed to talk to their families.

Also Tuesday, a security official in Yemen said
that Somali pirates who hijacked a cargo ship car-
rying construction materials in the Arabian Sea last
week were asking for a $2 million ransom to release
the ship. The official spoke on condition of anonymi-
ty because he is not allowed to speak to the media.
. The police chief of Yemen's Hadramout province,
Ahmed Mohammad al-Hamedi, said the ship is
owned by a Yemeni company but is carrying a for-
eign flag, which he would not specify. He said there
were three Yemenis, three Somalis and two Pana-
manians on board.

The Yemen ship was traveling between Mukalla,
a:port in southern-Y emen#t6:the southern island of :
Suqutra, when it was hijacked. | >

aS

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PAGE 40, THURSDAY, NOVEMBER 27, 2008 THE TRIBUNE
INTERNATIONAL NEWS

Finally, justice for Matisse painting

MANM

an, Centre Pompidou,

AP Photo/JE Tomasi

5 gles —— =. THIS PHOTO provided Monday Nov. 24, 2008 by the French Culture

oF aa | a e oat ; _ ee Ministry shows the 1898 oil canvas "Paysage, le mur rose" (Landscape, the
‘ a Pee i . a Pink Wall) by French painter Henri Matisse. This week, a charity that
iB co : a funds Israel's medical rescue service will take delivery of a Henri Matisse

! : es oil painting that the Nazis stole from a rich German Jewish family and
a OW ie S, yo 6] eS eee a . which was kept by an’SS officer who was responsible for delivering pot-
RT ih ae ay seen Wisc ae son gas to Auschwitz and other extermination camps. .

oH By JOHN LEICESTER
Associated Press Writer
PARIS

4

Finally, justice for Henri Matisse's "Le Mur Rose." wy

The oil painting, which was stolen from a rich German J ewish
family sometime after 1937 and kept by a Nazi officer responsible
for delivering poison gas to Auschwitz, is to be given Thursday to
a British charity that supports medical rescue in Israel, according to
the Associated Press.

The story of how "Le Mur Rose," or "The Pink Wall, " made its
way through the war to France is as surprising as the colorful
painting itself, and steeped with death, mystery and injustice.
Stolen from Jews, proceeds from the expected sale of the painting
will go. toward the Magen David Adom network of ambulances,
paramedics and emergency treatment centers in Israel.-: a

"It's aremarkable and in some ways slightly creepy story," said
Stuart Glyn, chairman of the British charity Magen David Adom
UK. He will take delivery of the artwork at the French Culture Min-
istry in Paris.

The painting belonged to Harry Fuld, a German Jew who made
his fortune in telephones, founding the H. Fuld & Co. Telefon
und Telegraphenwerke AG in Frankfurt, Germany, in 1899, the
charity says.

"The Fuld family were almost manic collectors, with the broad-
est of tastes," Glyn said in a phone interview.

After Fuld's death on a business trip to Switzerland in 1932, his
art collection passed to his son, Harry Fuld Jr. The son fled Naii
Germany in 1937, packing the collection into crates, which he
gave to a shipping company to transport. The collection never
left. Instead, the Nazis confiscated it. Kurt Gerstein, an officer in the
Nazis' murderous Waffen SS, got the Matisse, ‘either as a bribe or
because he bought it, Glyn said. ,

An expert in decontamination techniques, Gerstein was assign
to the Hygiene Institute of the SS, -acgording to the United St
Holocaust Memorial Museum. On: its Web site, it says he, was

responsible for:delivering Zyklon B — poison used in the gas
F F \ chambers — to Auschwitz and other camps.
lie lao iS stoliiifela} that ate Gerstein surrendered to French authorities in April 1945, as
best fits your eles alee : : the Nazi regime was crumbling, and was held at Paris' Cherche-Midi
prison, the museum says. It says he wrote a report there recounting
oe . his service with the SS and hanged himself in July 1945.
CALL ENTERPRISE SALES French gendarmes recovered the painting three years later from

a cache near Gerstein's home in Tuebingen, Germany, said Didi-
7 a ‘ é ae er Schulmann, curator at the Pompidou Center national museum
; lem o 4 : MaaMlisek ced bis eet j of modern art in Paris. It has been part of the museum's collection

_ since 1949,
Matisse painted the landscape, showing a building behind a w
in 1898. The colors are vivid, the perspective a little unsettling as it
leans left toward the viewer.
"It is not an absolute masterpiece but it is surprising," said
Schulmann in an interview. While looted artworks often have
complex stofies, "this one is particularly amazing," he added.
Harry Fuld Jr. died in 1963 and for reasons unknown willed his
estate to Gisela Martin, a woman who has remained something of
a mystery in this saga. She in turn left her estate to the. British char-
ity when she died in Switzerland in 1992, which explains why
Magen David Adom UK is now getting the Matisse.
Glyn said they have not been able to determine the nature of the
relationship between Fuld and Martin, why he left her his estate or
eats SRM eer eaee: ena _ why Martin i in turn made Magen David Adom the beneficiary of her
ey aie eae if Sa & will.
Lung sn Pia The Matisse is worth a."a good six-figure sum," but will first te
dlvadd i § . displayed in a museum, said Glyn. He said he's in discussions with
»®? a C 1 ff a4 : museums in Germany and Israel.
i ; Le : y and Israe
i eae Si ee : The charity is also trying to recover other parts of the Fuld obi:
: lection, which included 12th-century Buddha statues, 16th- centu-
ry Italian masters, furniture and other art, Glyn said.
"There are pieces in the Hermitage (museum i in Russia), there are
pieces in museums in Germany, there are pieces believe it or not in
me " ’ Israel," he said. "Our representatives are in discussions and nego-
i f tiations with a whole raft of people, including national museums and
AW AA Oke bahamas.com | (oy ae BIC 229-5282 oe e governments, to see wets: ak of this stuff can come back.
Deine ane is uh aes : Some of the stuff is far more important than the Matisse."
But trying to prove ownership, he added, "is a long, slow and
expensive process. '

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PAGE 44, THURSDAY, NOVEMBER 27, 2008 THE TRIBUNE



THURSDAY EVENING NOVEMBER 27, 2008
| 7:30 | 8:00 | 8:30 | 9:00 | 9:30 | 10:00 | 10:30
’ NETWORK CHANNELS 2

sketches. 1 (CC)
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C1

PTHE. TRIBUNE





Cable's capital
intensive needs
restrict
lividents

@ By NEIL HARTNELL
Tribune Business Editor

CABLE Bahamas’ president.

yesterday told Tribune Business
that the capital intensive nature
of the telecommunications
industry naturally placed limits
on dividend payouts, having
been asked by one financial
analyst why the BISX-listed
company had not increased the
funds paid out each year to
ordinary shareholders.
Richard Coulson, head of
Bahamian consultancy RC Cap-
ital Markets, had asked Antho-
ny Butler in a November 22,
2008, e-mail why Cable
Bahamas had not increased diy-
idend payouts to its investors

despite net income and cash.

operating income doubling in
the five years between a
2007.

Mr Coulson, in an sonal: seen
by Tribune Business and
numerous other Bahamian busi-
ness community leaders, said:
“May I suggest again that seri-
ous consideration be given to
your dividend policy. In the five
years between 2003-2007, both
your net income and your cash
operating income have more

than doubled, but there has.

been no increase in the divi-
dend on your ordinary shares.

“T realise that you need sub-

stantial funds every year for
capital investment, but never-
theless it seems to me that this
requirement could be met while
still permitting a modest
increase in dividends.
_ “Of course, thisis a subject
for your Board Of Directors. I
think they should consider that
in addition to capital apprecia-
tion, dividends contribute sig-
nificantly to total shareholder
value, and often result in a high-
er share price. And a higher
dividend announcement would
be a sign of confidence in
attracting new customers.”

In response, Mr Butler told
Tribune Business that the
nature of the telecommunica-
tions industry meant that com-
panies in it would always need
to invest heavily in capital
works and infrastructure on an
annual basis if they were to
remain ahead of competitors.

As a result, Cable Bahamas
and its contemporaries were
required to allocate substantial
funds every year for re-invest-

ment in their operations, new °

product development and capa-
bilities, thus limiting the capi-
tal available to be paid out to
shareholders as investment
returns.

For example, Cable Bahamas

See CABLE, page 4B



THURSDAY,

@ By NEIL HARTNELL
Business Editor

he Grand Bahama

. Port Authority

(GBPA) has

demanded through

its attorneys that the late

Edward St George’s estate pay

$3.085 million to cover the costs

it incurred when placed into

receivership, or face the possi-
bility of legal action.

And Thomas Evans QC, of
Evans & Co, the attorneys for
the GBPA and Port Group Ltd,
in a November 12, 2008, letter
sent to the estate’s attorney,

Fred Smith of Callender’s & °

Co, warned that the companies
were likely to pursue the St
George’s to cover “other losses”

they had sustained separate

from the receivership.

RoyalFidelity
enjoys 50%

asset growth



@ By NEIL HARTNELL
Business Editor.

ROYALFidelity Merchant
Bank & Trust has seen its

. assets under administration
increase by 50 per cent to $1.5 »

billion, its president telling
“Tribune Business that other
Bahamian companies risked
becoming acquisition targets
unless they followed its lead -
by expanding via alliances
with strong regional players.

Pointing to the bank’s asset
growth and last week’s for-
mal establishment of its sec-

~ond office in Barbados,
thanks to the alliance with
Royal Bank of Canada,
Michael Anderson said the
link-up with the Canadian
banking giant had not only
reduced its entry costs but
also. given it potential
Caribbean-wide coverage for
“its products and services.

Mr Anderson said entry
costs for the Barbadian mar-
ket had been much reduced
due to Royal Bank’s existing
presence in that jurisdiction,
which would allow RoyalFi-
delity to “leverage” off its
infrastructure.

“To the extent that we can
take the systems, products we
have created and leverage

them in other markets, the

cost of entry is much less,”
Mr Anderson said.

He added that the new
business and revenue streams
created by the bank’s
entrance to Barbados “help

us spread costs over a much -

larger asset base”.

“Tt’s harder in a small mar-
ket to grow your asset base,”
Mr Anderson said. “What
we’ve found is that there are a
lot of similarities in markets in
the Caribbean. The products
we’re looking at launching in
Barbados are relatively the’
same as we have here, so it’s
relatively easy to do it.

“It’s [Barbados] obviously
the second leg of our stool at
the moment. That will be our
second office, so really what
we are trying to do is use
those offices as key locations
in the Caribbean, and work
with Royal Bank and RBTT
(Royal Bank of Trinidad and
Tobago) in Jamaica and
Trinidad to distribute and cre-
ate products.”

Royal Bank’s takeover of
RBTT has helped extend
RoyalFidelity’s potential
reach as far south as Trinidad, .
and rather than enter those
markets itself, the Bahamian-

See ASSET, page 7B

“Come in and see the many models we have,
from Toshiba, HP, Dell and Acer, all covered
by Micronet’s superior support.

acer,

an

| | TOSHIBA

NOVEMBER 27,



Fred Smith

“Mr Evans, in his letter to Mr
Smith, wrote: “My clients have
caused an assessment to be
done by KPMG of the costs to

2008



the companies occasioned by ~

the receivership, and as a result,
those costs have been deter-
mined to be the sum of $3.085

ROYAL @ FIDELITY



Money at Work

NASSAU OFFICE

(242) 356-9801

FREEPORT OFFICE

(242) 351-3010

* Companies demand estate covers

receivership costs, or face legal

action in 14 days -

passed yesterday

a deadline that

* Estate believes it has defence to claim
* Port’s attorneys threaten to seek
unspecified ‘other losses’ from

St Georges

million as shown on the report
which is attached hereto.

“We have been instructed to
request that your clients agree
the costs mentioned above,

US stopover visitors fall in August by 11 per cent

@ By CARA BRENNEN-
BETHEL |
Business Reporter

WHILE Bahamian hotels

were yesterday reporting a

mixed outlook for this week’s
Thanksgiving holiday period,
traditionally a time of strong
performance, the scale of the
downturn in visitor arrivals this
autumn has been indicated by
the 11 per cent fall-off in US
stopover visitors this August.

In its latest market update,
the Ministry of Tourism
revealed that while visitor
arrivals for August 2008 were
down by 10 per cent overall, the
most crucial component - US
stopover visitors - who account
for around 95 per. cent of all
tourists, fell by an even Breale
amount.. :

And that dscrcase’ is s likely to
























ank of

amelie

Hotels report mixed Thanksgiving, with Sandals
optimistic but Atlantis occupancies down by 15%

be even greater for September

and October. Although tradi- .

tionally slow months in the
Bahamian tourism season, those
will have been the first periods
to feel the full effect of the col-

lapse in US consumer confi- -
dence, as a result of the Wall .
Street crash and economic

downturn. August’s numbers
do not reflect this.
Meanwhile, while tourist
arrivals to the Bahamas from
Canada increased year-over-

year for August, the Ministry .

of Tourism reported: “The
increase in the number of
stopover visitors from Canada,

decline in arrivals to the
Bahamas for the month of
August. ,

“The decline in the amount
of visitors from the biggest sup-
plier of visitors to the Bahamas,
the United States, was too much
to offset this decline.”

Cruise passenger numbers
were also down in August 2008
compared to the previous year,

with cruise arrivals by first port’

of entry down by 11 per cent as

’ the cruise ships increasingly
used their private islands in the’

Family Islands as first stops in
this nation.
This, in turn, is likely to have

Europe, and-LatinvAmerica: -....%. .
were not enough to offset the

as Interne

Junior Account

Features:

ATM Card —



Time for a Bank of :
The Bahamas International
Junior Account —

Panats Grand ‘ Parents, God Parents,
_ Aunties,Uncles, Everyone!
B.0.B, has a bank account ms for me!

which we hereby do, and to

demand that your clients pay .

the said costs in full to our

See BILL, page 4B

Thompson
Pepsi deal
‘saves 15
job posts

@ By CARA BRENNEN-
BETHEL
Business Reporter

‘THOMPSON Trading and

Pepsi-Cola (Bahamas) yester-

day confirmed Tribune Busi-
ness’s report last week that the
wholesaler will.act as the lat-
ter’s Bahamian distributor with
effect from December 8, and

reduce previously-announced '

job losses by taking on 15 sales
and marketing staff from Pepsi.
The potling company had

‘See DEAL, 6B









M13 years and under
@ Start with as little as st
® Free Online Banking
Mi Prefered interest



Bank of The Bahamas
“INTERNATIONAL
Revolutionizing The Way You Bank

New Providence * Grand Bahama * Andros ¢ Inagua
_ Exuma ¢ San Salvador ¢ Cat Island
Head Office Nassau; (242) 397-3000
Proud winner of The 2007 Bahamas Chamber of Commerce
Business of the Year Award



sagan soae





PAGE 2B, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE



Follow procedure to win money laundering fight

BOTH large and small finan-
cial services businesses should
be aware of the anti-money

iniering regulatory require-
ats for financial institutions
under the Financial Intelligence
(Transaction Reporting) Regu-
lations 2001 (the FITRR).

The FITRR, which came into
operation on January 26, 2001,
requires financial institutions to
establish and maintain the fol-
lowing:

* Tdentification procedures,
which require compliance with
Part II of the Financial Trans-
actions Reporting Act 2000 and
the Financial Transactions






Ce Tl

CERI tes

Reporting Regulations 2000.

* Record-keeping procedures
in compliance with Part IV of
the Financial Transactions
Reporting Act 2000 and the
Financial Transactions Report-
ing Regulations 2000.

Then, Regulation 5 of the
FITRR requires financial insti-
tutions to institute and maintain
internal reporting procedures,
which include the following:

* Identification and appoint-
ment of a Money. Laundering
Reporting Officer (MLRO),
who should be registered with





Legal |
Ease |

J



the FIU. This is the person to
whom a report is to be made of
any information or other mat-
ter that comes to the attention of
an employee, and which in the
opinion of that employee, gives
rise to a knowledge or suspicion
that another person is engaged
in money laundering.

* A requirement that consid-



FIRSTCARIBBEAN

eration of such a report be done
by the MLRO, in order to deter-
mine whether or not the infor-
mation or other matter con-
tained in the report does give

. rise to such a knowledge or sus-

picion.

* To ensure.the MLRO has .

access to any other information
that may be of assistance to him
in considering the report.

* A requirement that the
MLRO disclose to the FIU, rel-
evant agency or to the police,
the information or other matter
contained in a report, where the
MLRO knows, suspects, or has

INTERNATIONAL BANK

GET THERE. TOGETHER





reasonable grounds to suspect
that a person is engaged in mon-
ey laundering. .

* The identification and
appointment of a senior execu-
tive as a ‘compliance officer’,
who will ensure that a regulated
institution is in full compliance
with the laws of the Bahamas.

Where appropriate, the duties
of the MLRO may also be car-
ried out by the compliance offi-
cer.

Regulation 6 requires that a
financial institution take appro-
priate measures from time to
time to ensure that all relevant
employees are trained and made
aware of:

* The provisions of the Finan-
cial Intelligence Unit Act 2000;

_ the Financial Transactions

Reporting Act 2000; the Finan-
cial and Corporate Service
Providers Act 2000; the Pro-
ceeds of Crime Act 2000; the
Financial Intelligence (Transac-
tion Reporting) Regulations
2001; and any other statutory
provision relating to money
laundering

* The procedures maintained
by the institution in compliance
with the duties imposed under
these regulations.

‘The financial institution must
provide all relevant employees,
from time to time and at least
once a year, with the appropriate
training in the recognition and
handling of transactions, carried
out by aany person whovis, or
appears to be engaged, in money
laundering. —

Training must also be given

-to all new relevant employees

as soon as practicable after their
appointment. Employees must
have access to any information
that may be relevant in deter-
mining whether any person is
engaged in money laundering.
An anti-money laundering
policy and anti-money launder-
ing handbook, which outline the
appropriate policies and proce-

dures for the identification, risk

management, control, and pre-
vention of money laundering,
are important compliance tools
in ensuring the proper recogni-
tion of the legal and regulatory
obligations of a financial insti-
tution... "

“It is also advisable that prop-

er documentation of anti-money
laundering training be made by
way of registration of attendance
and/or Certificates of Atten-
dance issued to participants, with
copies of such attendance duly
recorded in the employees’ per-

‘sonnel files.

A Money Laundering Report-
ing Officer Confirmation Form,
which certifies, on an annual
basis, that senior management
and employees had cause to
know or suspect money laun-
dering activities by their clients;
that they have reported any sus-
picion of money laundering to
the MLRO; and that they have
re-read and understand the anti-
money laundering handbook, is
another important compliance
tool in assisting employees in
recognising and carrying out

Share
your

news

The Tribune wants to hear
from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.

If so, call us on 322-198
and share your story.

their legal and regulatory oblig-
ations.

It is important to note. that
under Regulation 8, a financial
institution carrying on business
without complying with the

. requirements of the FITRR shall

be guilty of an offence and
liable, on summary conviction,
to a fine of $10,000; on convic-
tion on information for a first
offence to a fine of $50,000; and
for a second or subsequent
offence, to a fine of $100,000.
In proceedings for an offence
under the FITRR, it shall be a
defence to prove that a finan-
cial institution took all reason-
able steps and exercised due dili-
gence to comply with the
requirements of the Regulations.
The Financial Transactions
Reporting (Amendment) Act
2003 (FTRAA) mandates that

financial institutions, as defined.

in Section 3 of the Act, verify
the identity of customers who
wish to become facility holders,
existing facility holders whose
identities are doubtful, existing
facility holders, and those con-
ducting occasional transactions.

Section 14 of the FTRAA
makes it mandatory for a finan-
cial institution to report to the
Financial Intelligence Unit any
transaction conducted by,
through or with a financial insti-
‘tution - or any proposed trans-
action (whether or not the trans-
action involves funds) - where
the financial institution knows,
suspects.or has reasonable
grounds to suspect that it
involves proceeds of criminal
conduct as defined by the Pro-
ceeds of Crime Act 2000.

The financial institution
should as soon as practicable
after forming a suspicion, report
the transaction to the Financial
Intelligence Unit.

A suspicious transaction
report (STR) is a written report,
which sets out and contains the
grounds upon which a financial
institution holds a suspicion
about a particular client and/or
transaction(s), which. may
involve the proceeds of criminal
conduct or an offence under
Proceeds of Crime Act 2000.

Although a suspicious trans-
action report is required to be
in writing and contain the details
set out in the Second Schedule
of the FTRAA 2003, Section 14
of the, Act allows an oral suspi-
cious transaction. report to be
made where thé urgency of the
situation so requires. However,
the financial institution is still
required to submit a written
report in accordance with the
statutory requirements of the
Act as soon as is practicable.

Section 20 (2) of the FTRAA
sets out the penalty for failing
to report a suspicious transac-
tion:

“A person who contravenes
the provisions of Section 14(1)
shall be liable on summary Con-
viction to a fine not exceeding —
in the case of an individual -
$20,000, and in the crse of a
body corporate, $100,000.”

However, under Section 21 of
the FTRAA, it is a defence for a
person to prove that he took all
reasonable steps to ensure he
complied with the provisions of
Section 14(1), or that in the cir-
cumstances of the particular
case, he could not reasonably

hhave been expected to ensure

he complied with the provision.

© 2006. Tyrone L.E. Fitzger-
ald. All rights reserved.

NB: The information con-
tained in this article does not
constitute, nor is it a substitute
for legal advice. Persons read-
ing this article and/or column,
generally, are encouraged to
seek the relevant legal advice
and assistance regarding issues
that may affect them and may
relate to the information pre-
sented.

Tyrone L. E. Fitzgerald is an
attorney with Fitzgerald &
Fitzgerald. Should you have any
comments regarding this arti-
cle, you may contact Mr
Fitzgerald at Suite 212, Lagoon
Court Building, Olde Towne
Mall at Sandyport, West Bay
St., P. O. Box CB-11173, Nas-
sau, Bahamas or at tyrone@tle-
fitzgeraldgroup.com

GIVE IN

pie Meg ar Vee), |





THE TRIBUNE

THURSDAY, NOVEMBER 27, 2008, PAGE 3B



Bahamas needs ‘new ways to build foreign reserves’



@ By NEIL HARTNELL
Business Editor

THE Bahamas needs to
adjust its economic model over
the long-term to “find alterna-
tive ways” to build and retain its
foreign currency reserves, a
leading financial analyst told
Tribune Business yesterday,
thus reducing its reliance on
tourism and foreign direct
investment.

Kenwood Kerr, Providence
Advisors’ chief executive, said
the Standard & Poor’s (S&P)
report on the Bahamas’ sover-
eign credit rating had again
highlighted the main weakness-
es of this nation’s economy,
namely its vulnerability to exter-
nal shocks due to an over-

Carl R Culmer

Bank examiner
asses Series 7

AN examiner in the Bank
Supervision Department at
the Central Bank of the
Bahamas, Carl R. Culmer,
has passed the Series 7
examination in the US after
studying with the Nassau-
based Securities Training
Institute (STI).

Michael Miller, the STI’s
president, said: “We are a
-\| gateway for Bahamian pro-

| fessionals who want to
enhance their careers in the
financial services industry.”

















The Women’s Association Of The

reliance on foreign capital and
spending to fuel economic
growth.

“What is being highlighted is
the weaknesses of the econom-
ic model; the structure, which
is the reliance on foreign direct
investment to stimulate tourism
and construction,” Mr Kerr told
Tribune Business.

“These are the things we
need to have a bigger grip on.
We have to take a long-term
look at the model - we can’t do
it just to get out of the current
crisis - to the extent that the
economy is open and subject to
the vagaries of the internation-
al economy in terms of tourism
and foreign direct investment
flows.”

And he added: “We need to
find alternative ways to retain
and build foreign currency
reserves. We need to develop a
strategic long-term model that
may assist us in building-up and
retaining foreign reserves.”

To achieve this, Mr Kerr sug-
gested that the Bahamas need-
ed to almost literally go back
to its ‘roots’, and develop indus-
tries such as agriculture and oth-
ers to better supply the tourism
industry, as the strengthened
linkages would ensure that
more tourist dollars remained

in circulation within the.

Bahamian economy.

“Fifty years ago, we sustained
ourselves with food,” Mr Kerr
told Tribune Business. “Cer-
tainly, we could look at reduc-

ing leakages from tourist spend-

Kenwood ena

ing, because we’re spending
more than $0.80 out of every
tourist dollar earned on imports.
“We need to look at ways to
ensure that spending stays here,
rather than going out to get that
tourist dollar in the first place.”
Mr Kerr said the use of liq-
uefied natural gas (LNG) for
energy generation and to supply
Florida would both retain and
generate foreign currency for
the Bahamas.
“Everyone must be told to
pull their weight - the private
sector, the populace and the
business community,” Mr Kerr
said, adding that the Govern-
ment needed to apply any pro-
ceeds gained from the Bahamas
Telecommunications Compa-
ny’s (BTC) privatisation to pay-
ing down the national debt.
Olga Kalinina, the lead S&P
analyst for the. Bahamas, told



Tribune Business earlier this
week that while the Bahamas’
economic fundamentals
remained largely sound, and all
debt ratios were in line with its
‘A-rated’ peers, the Wall Street
agency might be forced to
downgrade this nation if a
longer and deeper US recession
pushed these out of line and
there was “substantially lower
growth”.

She explained: “If we believe
the pace of this [economic]
deterioration is accelerating,
and our forecast is no longer
consistent, and the fundamen-
tals are changing, in this sce-
nario there will be a down-
grade.”

Ms Kalinina said: “In my
view, the Bahamas’ inherently
weak economic structure really
exacerbates all this. It’s a per-

fect transmission [mechanism]

for all the weaknesses coming
out of the US. Once all the risks
from the US are in and present
in the economy, the effects are
immediate.”

She added: “What we are
projecting for now, in our sce-
nario, is that the fiscal deficit at
the central government level
will be around 3 per cent this
year and next, simply because
we don’t see any improvement
in the fiscal situation next year,
based on our economic analysis.

“Tf you look at the fiscal pro-
jections for the first two months,
it’s clear revenues are under-
performing, and there will be
more pressure to continue cap-

Credit union cuts its interest rates

A MAJOR Bahamian credit
union has cut lending rates
“across the board”, from 0.5
per cent to 1 per cent, to reduce
the interest being repaid on
existing loans.

The Board of Directors at
the Teachers and Salaried
Workers Co-operative Credit
Union took the decision to
reduce interest rates at an
October 23 meeting. The new
rates will become effective as
of December 1, 2008.

Donald Symonette, the cred-
it union’s chairman, said all cat-
egories of loans to its member-

ship will be impacted, with the
reductions ranging from 0.5 per
cent, or 50 basis points, to a full
1 per cent or 100 basis points.’

Consumer loans and chattel
mortgages will be decreased by
1 per cent, and mortgages by
0.5 per cent.

Mr Symonette said the
reduction in loan interest rates
was designed to bring some
relief to the more than 12,000
active members of the Credit
Union.

While its membership will be.
expected to maintain their cur-._

rent level of monthly loan pay-

ments, the decreases will mean
that a greater portion of loan
payments will now be applied
to the principal of the loans,
thus resulting in a quicker pay-
back and a reduction in the
amount of interest to be paid.
Mr Symonette said the inter-
est rates on new fixed deposits
placed or renewed as of
December 1, 2008, will also be
reduced by an average of 25
basis points or 0.25 per cent.
The fixed deposit rates at the

_credit.union remain among the.
highest. offered by any finan-
cial institution in the Country.

ae Bain



ital spending.”
S&P projected that the
Bahamas’ external reserves

would decline from the $650.

million level seen in September
2008 to $500 million by year-
end 2009, due to the decline in
foreign direct investment.
S&P revised its economic
growth projections for the
Bahamas to 1.1 per cenit for
2008, and 1 per cent of GDP in
2009, down from 3 per cent and
4 per cent respectively, and in
line with the Government’s own



The President, Officers And Members 6)

“We Let Our Prices Do The Selling, |
And Our Services Do The Telling.”

_Tel: 341- 8671

RRS ceStenteneaRNRRNURERNRR Se

projections.

S&P also revised upwards
the projected fiscal deficit for
‘the Bahamas from 2.2 per cent
to 3 per cent (2.3 per cent on a
central government level) of
GDP in the 2008-2009 Budget
year, a figure that was set to be
repeated in the 2009-2010 fis-
cal year.

In turn, S&P is projecting that
the Government’s debt will
increase to 38 per cent of GDP
by 2009, compared to 36 per
cent in 2007.



gasepesanestitonacnananattitet








RR

Free National Movement (FNM) Salute
The Following Female Meritorious Council Members Of The FNM
During This 46th National Women’ s Week.

For their determination, commitment and struggle which blazed a trail for all Bahamian women.

Patsy Anderson
Hilda Antonio
Yvette Bethel

Janet Bostwick

Anna Colebrook

Grada Knowles

Yvonne Isaacs
Anne Parotti
Althea Sands
oylvia Scriven

Naomi Wallace Whitfield
Mary Brown (Deceased)
Sylvia Roberts (Deceased)

Men therr rights and nothing more; women their rights and nothing less.
Susan B. Anthony





PAGE 4B, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE



CABLE, from 1B

is this year spending $10 mil-
lion on an upgrade of its core IP
(Internet Protocol) system,
designed to enhance the

resilience and capacity of its
Internet infrastructure and
improve service to CoralWave
customers.

“We are capital intensive, as
technology demands,” Mr But-

ler told Tribune Business. “We
are capital-hungry, and this is

, to keep us ahead of the com-

petition and take advantage of
technology.
“That’s the telecommunica-

tions industry. We'll do our best
to keep ahead of it.”

Cable Bahamas is currently
positioning itself to take advan-
tage of opportunities that may
arise to enter new markets as a
result of the upcoming liberali-
sation of the Bahamian tele-
coms sector, something Mr But-
ler alluded to in a previous reply
to Mr Coulson’s complaints
about the problems the compa-
ny’s Internet service experi-
enced between November 11-
14.

“In order to maintain our
position in the market, to pre-
pare for future demands of new
applications, to achieve growth
and to continue to increase
shareholder value, major forklift
technological upgrades were
required at Cable Bahamas,”
Mr Butler said.

“In keeping with this man-
date, Cable Bahamas planned
a significant investment in 2008
to transform its IP network.
This investment has included;
upgrading optical transport —
doubling both national and
international capacity; expand-
ing the central office process-
ing facility in Nassau; upgrading
power facilities; enhancing
metro Ethernet capabilities and
soon to introduce an exciting








HIGH SCHOOL TEACHERS
WANTE

Fax resume to 325-7151
or call 325-6570 /1

PETG ANEMIA Ae

a
NAD

Nassau Airport

Development Company





It is with great pleasure that we showcase our
Employee of the Month for October 2008.

Eduardo Nottage is one of the bright stars of the
Customer Experience Department. He joined
Nassau Airport Development Company in April
2007 in the capacity of Operations Controller,
where he was given a panoramic view of the
world of Airport Operations. He then transferred
to the Customer Experience Department as a
concierge.



new e-mail application.

“This list of initiatives is now
substantially completed, and up
to last Tuesday [November 11],
has been relatively seamless and
transparent to the customer. It
is unfortunate and sincerely
regrettable that the unforeseen
issues had the negative impact it
had on our customers.”

Mr Butler said Cable
Bahamas acknowledged that it
“should have done a much bet-
ter job of keeping customers
informed” after the planned IP
core network upgrade ran into
problems between November
11-13. “When problems arose,
we should have provided clear-
er and timelier updates,” he
admitted.

While 70 per cent of the
upgrade had been completed
by Tuesday, November 11, “late
into the maintenance window
of that phase of the exercise we
encountered an unforeseen
event. Corrective measurers had
to be extended beyond the nor-
mal defined maintenance period
until the event was rectified”.

Mr Butler added: “For the
past seven years the c company
has provided IP. and data ser-
vices that in most cases have
kept pace with evolving tech-
nologies and ahead of customer
demand.

“We have a clear mandate
from our Board to maximise
shareholder value. One of the
key reasons Cable Bahamas’
share pace has increased by

more than 100 per cent (from

. $7.01 to $14.15) over the past

seven years is the company’s
commitment to investments in
these new technologies, which
in turn forge new revenue
streams and customer confi-
dence.

“This customer confidence is
the main reason why Cable
Bahamas is the leader in pro-
viding reliable and quality
telecommunications in the
Bahamas.”

However, in response, Mr
Coulson told Mr Butler: “I
should tell you that in answers I
got from various responsible
people, some negative views
were expressed not, just about

’ this event but about your ser-

vice in general, particularly the
great difficulty in reaching your
customer service staff. I trust
this is a problem which gets
your continuing attention.”

Meanwhile, Mr Coulson said
in his November 22, 2008, e-
mail that he hoped Cable
Bahamas would soon clarify
Tribune Business’s exclusive
revelations that the company
was seeking to raise $30 million
via a private placement, the pro-
ceeds of which would be used to
buy out the almost-30 per cent
stake owned by its largest share-
holder, Columbus Communica-
tions.

“There have been rumors in
the press that the company is
raising funds to buy out your
shareholder Columbus Com-

munications. If so, this is a mat-
ter of great interest to all us
Bahamian shareholders, which I
trust will soon be clarified,” Mr
Coulson urged.

Tribune Business, though,
understands that the transac-
tion it revealed is still currently
a proposal, with much work
being done behind the scenes
to see if it can be brought to

fruition.

Apart from Cable’s Board of
Directors needing to approve
the transaction, it is understood
that a management services
agreement between the compa-
ny and Columbus Communica-
tions also remains to be con-
cluded. Other documents also
need to be completed. There-
fore, no deal has been done yet
- and it may not be, although it
is thought hopes are still high..

Still, market sources have told
this newspaper that the propos-
al is currently for Cable
Bahamas to raise $40 million
via a private preference share
issue that targets select, sophis-
ticated investors such as insti-
tutions and high net-worth indi-

' viduals. It is not a public offer-

ing.

It is understood that Colum-
bus’s stake has been valued
using the prevailing BISK mar-
ket price, placing it at around |
$85-$90 million. A’ $50 million
bank syndicated facility, headed
by Royal Bank of Canada, has
also been. proposed to help
finance the transaction.



OUI READ



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Cuenta initiative and leadership spirit serve
as a great example for peers to emulate. He
has great focus, thinks outside of the box and
is always able to get the job done. In fact, his
creative ideas’ have enabled NAD to reduce

: the overall operating costs for the department.

* . Eduardo graduated:from S.C. McPherson High y
School (June 1992) and later trained: at the
Industrial Training Centre now known as BTVI.
He is.an active member of the Royal Bahamas
Police Force Reserves posted at the Central
Detective Unit and attached to homicide; he is
also a member of the Royal Ambassadors Brass
Band and enjoys boating, flying and travelling.
4

peeata
Rel an TOYOT,
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CABLE, from 1B

clients within 14 days of the date hereof to
avoid further litigation in this regard.

“You are further advised that our clients
are also seeking to determine the extént of
other losses, which have been sustained by
the companies, apart from costs per se, and
when that determination has been made
we shall revert to you.”

Given that the letter was written on
November 12, 2008, the 14-day deadline
set by the GBPA, Port Group Ltd and their
attorneys to pay the sum requested expired
yesterday, leaving the way open for legal
action to begin.

Mr Smith,declined to comment when
contacted, by..Tribune Business yesterday
for comment. However, this newspaper

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“understands that because the St George

estate is appealing Justice Neville Adder-
ley’s March 2008 decision to remove the
GBPA and Port Group Ltd receivers, it
and its attorneys believe they have a suc-

cessful defence mechanism through which .

to resist the companies’ demands.

It is unclear, also, what Mr Evans’s letter
meant by “other losses”, although this is
likely to be a reference to lost business
opportunities. caused by 17-month receiver-
ship, and the uncertainty and impact on
investor confidence this has had.

Tribune Business understands that the

‘proposed Morgan Stanley project at Bar-

bary Beach will now never happen,
although other investors are said to remain

interested in filling the breach, while devel-. +

opments such as the Raven Group project
have effectively been placed into ‘cold stor-

The impact on Freeport’s economy, and
on the GBPA and Port Group Ltd’s rev-
enue streams, has been substantial.

' According to the KPMG report, submit-
ted to Port Group Ltd and GBPA man-

‘agement, a copy of which has been seen by

Tribune Business, the receivers’ fees, costs
and expenses totalled $1.686 million for
Port Group, with the GBPA’s share of the ©
balance being $1.399 million.

That covered the period from Novem-
ber 2006 to March 2008, when BDO Mann
Judd accountants Clifford and Myles Cul- -
mer were administering the companies’
affairs as receivers, assisted by their attor-

“neys, Lennox Paton.

Following the removal of the receivers,
Erik Christiansen has been appointed. as
Port Group'Ltd chairman, with Felix Stubbs
holding the equivalent post on the GBPA
side. -

Mrs [eal ean Mig d

icknbu 24.com

SL



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THE TRIBUNE

THURSDAY, NOVEMBER 27, 2008, PAGE 5B





INTERNATIONAL Shed aid





Roads, skies
less congested
as Thanksgiving

rush begins

@ By DON BABWIN
Associated Press Writer

CHICAGO (AP) — Travel-
ers breezed through airport ter-
minals Wednesday and drivers
cruised open roads, the effects
of a sour economy blamed for
keeping people closer to home
at the start of the annual
Thanksgiving rush.

Even though gas prices fell
and airlines offered last-minute

deals, many Americans
appeared to be skipping trips
this year. San Francisco resident
Sharon McKellar called the
Miami airport "shockingly qui-
et" after flying in.overnight to
visit family.

At Boston's Logan Interna-
tional Airport, Alicia Kelly, 47,
traveling with her husband and
two children to Miamj to spend
the holidays with her family,

' said it was the lightest Thanks-
giving travel she's ever seen.
"We have waited in no lines so
far," she said.

Security lines moved along
briskly at under 10 minutes at
Hartsfield-Jackson Atlanta
International Airport, the
world's busiest airport. At Fort
Lauderdale-Hollywood Inter-
national Airport, travelers found
parking spots in. the front row

of the lot and no wait for check-'

in and security. The Delta. ter-
-Injnal was nearly empty... .....

fs! Rhis is crazy. There's.no.one.:,

here. It's quieter than on most
weekdays," said Ryan Sullivan,
who was flying to New York
with his wife and two kids.

Automobile

Nationally, the Automobile
Association of America says 41
million Americans were expect-
ed to travel over 50 miles for
the holiday, down about 1.5 per
cent or 600,000 people from last
Thanksgiving. Flying is expected
to be down more sharply, about
seven per cent, than about one
per cent for driving.

"The economy is in such bad
shape. They're still really hesi-










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tant to take that trip," said Beth:

Mosher, spokeswoman for
AAA Chicago.

Even though airlines offered

last-minute fares in an attempt
to get more people in the air, it
may take until after the first of
the year to know if it worked,
said Graeme Wallace, thief
technical officer for farecom-
pare.com, a consumer airline
ticket research Web site.

Economy

~ "With the economy tanking,

they're thinking, 'Do I want to
spend $400 for a 1,200 mile
trip?'" Wallace said.

Still, some were undeterred.
Carpenter Michael Layman, 59,
left, Tampa, Fla., early Tuesday
to drive about 1, 200 miles home
to Clinton Township, Mich., for
Thanksgiving with his wife, their
two children and four grand-
children. He moved to Florida
three years ago because of bet-

' ter work opportunities than he

could find in Michigan.

"I'm looking forward to being
with my family. I wouldn't miss
Thanksgiving and Christmas,"
Layman said after he stopped
to sleep for a few hours in the
back of his minivan at an Inter-
state.75 rest area about 30 miles
north of Cincinnati.

He said he was pleased when

.o gas prices began falling several
‘weeks ago. Layman said he had.

been paying about $70 dollars
to fill up-and now pays less than
half of that. "That felt pretty
good," he said.

Weather across most of the
country was forecast to be clear,
making it easier for those who
did decide to travel. But there
were some problems, especially
heavy rain that swept southern
California. In San Diego, flood-
ing forced the closure of north-
bound lanes of Interstate 5 for
several hours Wednesday morn-
ing after at least two vehicles
hydroplaned in a few feet of
water and crashed.

The Northeast had clouds and
precipitation. Some heavy rain

. Hill. ribwidtsd
"Maybe you cut back om the couiieu
(holiday) giftssa little bit;°or’"

When you book

your travel with us
And Rent A Car With

and snow showers were expect-
ed across upper New England

. while parts of Pennsylvania, °

Ohio and New York could see
up to a half of a foot of lake-
effect snow.

Even though Marvin and
Kathy Boyd had money to buy
air tickets, a last-minute delay
proved costly. The couple, en
route from Denver to Augusta,
Ga., missed getting their bags
checked in by two minutes at
Denver International Airport.
Now they have to get another

’ flight. They were waiting for

Kathy Boyd's mother to deposit

money in her bank account to

pay for the switch.

"We have to pay the money -

to change and we don't have the
money," said Kathy Boyd, 54.

Cutbacks didn't deter Donita.

Hill of Estero, Florida, who was
traveling with her husband, Bob
to spend Thanksgiving with
their son, a resident at the Uni-
versity of Massachusetts Med-

ical Center. The couple waited -

Wednesday to takea train to
Worcester, Mass.

Money

"I think sometimes when
money is tight, you re-evaluate
what's really important to you,

and you realize that it's really —

family and friends," said Donita

maybe you don't have as extrav-
agant a Thanksgiving as you
used to," she said. "Maybe you
don't have a free-range bird as
you've had in the past; maybe
you go to a Butterball."

e Associated Press Writers
Suzette Laboy in Miami, Dan
Sewell in Cincinnati, Oh.,Rus-
sell Contreras in Boston, Dorie
Turner in Atlanta, Schuyler

Dixon in Grapevine, Texas, Ivan '

Moreno in Denver, Dena Potter
in Richmond, Va., Denise
Lavoie in Boston and Kelli
Kennedy in Miami contributed
to this report.

premiertraveloahamas.com

Use your local credit card.
Tickets are issued locally.

aC a

Tel.: 242.328.0264 | 242.328.0257 | 242.322.7371 | 242.325.6991
Fax: 242.325.6878 | www.premiertravelbahamas.com



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PAGE 6B, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE





Legal Notice
NOTICE

IMITED

NOTIC EIS HEREBY GIVEN as follows:

(a) SHUI WING HOLDINGS LIMITED is in voluntary
dissolution under the provisions of Section 137 (4) of
the International Business Companies Act 2000. -

(b) The dissolution of the said company commenced on the

30" May 2008 when the Articles of Dissolution were
submitted to.and registered by the Registrar General. .

(c) The Liquidator of the said company is Mr. Michael Low
of 1 Raffles Link #05-02 Singapore 039393

Dated this 27" day of November A. D. 2008

Mr. Michael Low
Liquidator



_--Legat Notice” ”
? NOTICE |
NOTICEIS HEREBY GIVEN as follows:
(a) TOMORROW’ S GLORY LIMITED is in voluntary
dissolution under the provisions of Section 137 (4)
of the International. Business Companies Act 2000.

(b) The dissolution of the said company commenced on
_ the 21 November 2008 when the Articles of Dissolution

were submitted to and registered by the Registrar General.

(c) The Liquidator of the said company is Mr. Michael Low of
1 Ratffies Link #05-02 Singapore 039393

Dated this 27" day of November A. D. 2008

Mr. Michael Low
Liquidator

The Annual Gences Meeting
: of the ae
| ‘BAHAMAS FAMILY
PLANNING ASSOCIATION
will -be held
Tygsday, December 2
at 6: 00pm:



"MEMBERS MUST BECOME FINANCIAL
IN ORDER TO VOTE



‘MINISTRY OF FINANCE
INVITATION FOR TENDERS
The viele of Finance wishes to inform that the dentine

for submission of tenders for the following projects has been
exténded to Friday, 28th November, 2008 at 5:00 p.m.

1. Supply to electronic data interchange (EDI) solutions to
implement business-to-business (B2B) electronic environ-

Thompson

Pepsi deal saves

15 job posts

FROM page 1B

announced last month that due to “ongoing
profitability challenges” it would be closing
down its Nassau-based manufacturing and
distribution operations, terminating | 75
employees in the process. . ~

Now; Pepsi-Cola’s product line - including
all local flavours - will be manufactured
and shipped in from its Vero Beach plant
and sold to Bahamian merchants via
Thompson Trading, representatives from
both companies explained yesterday... .

Carlos Palacios, general manager for Pep-

_ si-Cola, said the distribution agreement will

enable the company to focus on the delivery
of the product rather the high overheads,
which had recently plagued them.

“We are very pleased with the partner-
ship,” he explained. “It will be. for the bet-
ter. We have not delivered the expectations

of shareholders in terms of profitability in,

the past years. This will allow us to change
the business model in the Bahamas, and
then deliver better results for the company
and ensure the continuity of the business.

Execution is our number one priority now,
and this will ensure that distribution of our
brands will improve and consumers have
all of our flavours.”

Mr Palacios said Pepsi- -Cola hoped the
arrangement with Thompson Trading
would give them a competitive advantage,

* although at this stage it waqs difficult to
say whether the company would also be.

able to have a price advantage as well.

“ We have not been able to absorb the
overheads related to the increase in cost,”
Mr Palacios said as a reason for Pepsi-
Cola’s decision to exit manufacturing.

“This partnership with Thompson Trad-
ing will allow the business to fenerate much
bigger critical mass, which will allow the
business model to work better in terms of
absorbing all the overhead that is related to
the business.”

Mr Palacios added that to assist with con-
tinuity, Thompson Trading will retain about
15 sales marketing and distributing staff
between Pepsi’s operations in Nassau and
Freeport.

Melissa Kemp, brand business manager at

- Thompson Trading, said that the partner-

ship takes effect on December 8, when
Thompson Trading will officially begin dis-
tributing and promoting the Pepsi brand
and its products.

- “There will be dedicated sales represen-
tatives. telesales persons, distributors, dri-
vers, technicians and pre-sellers to support
Pepsi customers on the island,” she said.
“In addition, the Freeport market will be
fully operational to service those customers.
Thomspon Trading will work closely with
Pepsi Americas in Deerfield Beach, Florida,
to ensure and provide the, complete line of -
Pepsi products to our customers..

“Thompson Trading will also provide the
best repair and maintenance, and deliver
the same advertising and promotion Pepsi
customers expect. Both companies under-
stand the sensitivity of this agreement and
the affect it may have on its employees.
That is why Thompson Trading has taken ~
steps to bring on board members of the
Pepsi sales team from both Nassau and
Freeport. We believe it is important to
maintain the presence of Pepsi in the ~
Bahamas and we are committed to meet ©
the needs of the comanuty:

US stopover visitors fall

FROM page 1B.

; deprived Bahamian-owned

businesses in Nassau and Grand ~
Bahama of much-needed cus-
tomers and revenues.

The Ministry of Tourism said:

,

“The decline in arrivals for the

month of August puta further
strain on the year-to-date air

_and sea arrivals, and. pulled it

down even more.

“Air arrivals-were weaker in
August 2008 than in July 2008
and cruise arrivals, although
strong for Grand Bahama and

Sh at Legal Notice
NOTICE :
INTERNATIONAL BUSINESS COMPANIES ACT

~ (No.45 of 2000)
BAGUERA HOLDINGS LIMITED

In Voluntary liquidation

“Notice is hereby given that in accordance with Section 137
(4). of the International Business Companies Act (No. 45 of

tion.”

2000), BAGUERA HOLDINGS LIMITED’: is in Dissolu-

The date of commencement of dissolution is the 6th day of

November, 2008... ...

Mrs. Isabelle Franguolis
c/o GO TRUST'S.A.
‘Rue des Pierres du Niton 17
1207 Geneva
Switzerland
Liquidator



Which airline offer the lowe
Which airline offers |
Which airline ffet



ip fares to san Andros? .

Aes were weak to. the
Bahamas Overall. By the end
of August 2008, the Bahamas
overall year-to-date was down

by 4 per cent”.

Meanwhile, Bahainian hotels
are reporting mixed occupancy
levels for the Thanksgiving hol-
iday weekend.

Ed Fields, executive vice-
president of external affairs for

Atlantis, said occupancy num-~

bers were down by 15 per cent
from last year.
However, he said: “Due to

the fact that the Reef was not -

open last year, combined with
the fact that the Beach Towers
is presently closed, we are not

ane to compare apples to .

les.”

Ve Michael James, general
manager for Sandals Royal
Bahamian, said in a statement
yesterday that the resort hada
very positive outlook for both

Thanksgiving and Christmas,

thanks to ongoing investments
tit has recently made.
“Thanks to the ongoing
investment we make in-the hos-
pitality trade, our occupancy
levels have remained buoyant

_ throughout October - and

November,” he explained.

-“We recently launched a
number of exciting trade initia-
tives aimed at boosting guest
numbers and increasing aware-
ness of both our resort and the
Bahamas as a whole, which are
proving very successful.

“In addition, we recently

hosted groups from top-pro-

ducing agents such as Liberty
Travel and the American

BKG/410.03

in August by 11 per cent

Express retail division, where
we conducted ‘Walking Work-
shop’ familiarisation trips,
enabling visiting agents to go
back to theit respective mar-
kets and sell our. destination. ;
more. effectively.

Month |

“Next month, we are also
delighted to host the Star
Awards, a préstigious trade
event which will see many. of
the tourism industry’s movers
and shakers visit the property
and experience the Sandals
Luxury Included Experience
firsthand. Innovative investment
such as this has left us in good

. stead, and our outlook is very

positive for both Thanksgiving
and Christmas.”

Jermaine Wright, sales and
marketing manager at the
British. Colonial Hilton, said
that this Thanksgiving the hotel
has much to be appreciative of.

Mr Wright explained that the
Hilton will be almost full, given
that it is in the midst of renova-
tions.

“Due to ongoing restoration,
the hotel only has 58 per:cent of
rooms available, of that the
occupancy level is in the low
50s,” he said.

Mr Wright added that the
Hilton has been concentrating
on corporate travellers and was.
doing relatively well compared
to previous years, especially
considering the current tourism
climate.

“We have much to be appre-
ciative of,” he said.

ADVERTISEMENT FOR THE BAHAMAS
GOVERNMENT TREASURY BILLS





Sealed tenders for B$79,100,000.00 of 91-Day Treasury Bills
will be received by the Banking Manager, The Central Bank
of The Bahamas, Frederick Street, Nassau up to 3:00 p.m on
Friday, November 28, 2008. Successful tenderers, who will be
advised should take up their bills against payment on

ment to substantially enhance the electronic information ex-
change capabilities with the clients of the Bahamas Customs

Dae

2. Provision of an Solicatin suite written using Visual Age
Generator (IBM) i in a.client environment but compiled to
COBOL on the AC/400 using an DB2 database for he Baha-
mas Customs Department Systems (CAS).

terminal?. -
Which airline terminal has complimentary wireless internet
service?
Which airline offers full concierge service to their passengers?
Which airline offers complimentary bottle water on all of it flights
Which terminal area offers passengers mee Water, Coffee, Tea
and Popcorn?
_ Which airline offers its passengers ‘free parking with 24hrs.

Tuesday, December 2, 2008. These bills will be in minimum —
multiples of B$100.00. Tenders are to be on special forms
obtainable from the. Central Bank of The Bahamas or
Commercial Banks.

Tenders will be opened at 10:00 a.m. on Tuesday, 2nd De-

cember, 2008 at the meeting of the Tenders Board at the Tenders must state the net price percent (in multiples of one~

Ministry of Finance. eceuiity? cent) and should be marked “Tender”. The Central Bank of the
Which airline rewards you with a free ticket for every ten you i :
purchase? Bahamas reserves the right to reject any or all tenders.

Further information. could be obtained from website: Which airline fas. the most experience flight crew?
FD PE ee a - Performance Air Ltd.
The Bahamas Finest Airline
www.Performance-air.com
Tel. (242) 362-1608/362-2302

The Ministry of Finance reserves the right to
_ reject any or all tenders.

Oo oe KR OK OB RR OK OK OB OK KR RK





THE | RIBUNE

I HURSVAY, NOVEIIBER 2/, 200%, PAGE /B



@ By STEPHEN CASTLE
and DAVID JOLLY _ |
c.2008 New York Times
News Service

BRUSSELS, Belgium —
Seeking to revive the region’s
rapidly deteriorating economy,

the European Commission on,

Wednesday proposed a stimu-
lus package totaling 200 billion
euros, or $256.22 billion.

The commission, the execu-
tive arm of the European
Union, said in Brussels that the
stimulus measures were neces-
sary to bolster growth and
employment in the European
Union’s 27 member. countries.
Just Tuesday, the Organisation
for Economic Cooperation and
Development predicted that

_ the 15 countries of the euro
zone would contract next year
by a combined 0.6 per cent, and
economists have begun speak-
ing of 2009 as a “lost year.’

The stimulus plan was larger
than many economists had
expected. It calls for spending
of “around 200 billion euros”
or 1.5 per cent of the European
Union’s gross domestic prod-
uct. Most of the money —
about 170 billion euros —
would come from member-gov-

ernment spending, much of |
- which has already been

announced.

The remaining 30 billion
euros will come from the bud-
gets of the European Union
itself and the European Invest-
ment Bank.

“Exceptional times call for
exceptional measures,” said
Jose Manuel Barroso, the com-
mission president, said at a

news conference in Brussels. °

“The jobs and well-being of our
citizens are at stake. Europe
needs to extend to the real

economy its unprecedented

coordination over financial

RNC enjoys

50% asset growth



FROM page 1B

headquartered bank can use the
strength of both major regional
players as sales and distribution
channels throughout the
Caribbean.

“Royal Bank will maintain
their key locations:in Jamaica
and Trinidad, we will have our
locations, and effectively cover
all the major economies in the
Caribbean,” Mr Anderson said,
pointing out that RoyalFideli-
ty would be able to access US
dollar financing through Royal
Bank and RBTT. ©

Apart from the Bahamas and
Barbados, Royal Fidelity,
through the’ presence of its 50
per cent parent, Fidelity Bank
& Trust International, will also
be able to extend its reach into
the Turks & Caicos Islands and

bados after¢ effectively, absorb-
ing into its operation part of a

Royal Bank unit that was-

already there.

This was part of the wider
transaction that saw Royal
Bank take a 50 per cent stake in
Bahamas-based Fidelity Mer-
chant Bank & Trust, for $9 mil-
lion, with both the Canadian
bank and the merchant bank’s
parent contributing $5 million
each to RoyalFidelity’s capital
base. The merchant bank was
subsequently renamed Royal-
Fidelity.

Mr Anderson said the advan-
tages of expanding beyond the
Bahamas included diversified
revenue streams and different
business opportunities for
Bahamian companies, reducing
. their dependence on just one

economy.

He warned Bahamian.com-
panies: “I think it’s one of those
situations that unless you can
build scale, ultimately you end
up being taken over by the larg-
er regional players who want
access to this market. It’s either

you build your business or

someone will take it over and
build it for you.

“It’s simply that you become
an acquisition target. You need
to have scale, you need to have
regional relationships and build

your business. It’s not some-.
thing you can do by yourself.’
. Working together, you can

leverage infrastructure, expand
a lot faster 'and more cost effec-
tively. ”

On the tie-up with Royal
Bank, Mr Anderson added:
“With the Royal Bank brand
effectively with us, we have a

' huge opportunity to grow our
the Gayman Islands... si. eo:
RoyalFidelity entered: Bar-:..

asset -base. We can-leverage

their: reputation and-presence :
in these’ markets ‘to help build’

our business.

“J think the’ synergies
between ourselves and Royal
Bank are excellent, and the
potential of the wider relation-
ship, in Jamaica and Trinidad, is
huge. It affords opportunities

to provide a wider range of ser-.

vices to a much larger market.”

Royal Bank’s stake in Roy-
alFidelity also meant the latter
would be able to tap into the
Canadian giant’s global capital
market expertise on the really
major deals.

RoyalFidelity currently has a

staff of around 30 split between
its Bahamian and Barbadian
offices, having outsourced
administration in those nations
to Fidelity and Royal Bank
respectively.

TN

| Applications for the position of:

~_ASSISTANTMANAGER fora ;
i RETAILSTORE
~ Must have experience in managing people.
Must have excellent organizational skills,
Excellent customer service and sales skills

Please mail .
Resume and photograph to:

Assistant Manager Position
P.O. Box SP-63144
Nassau, Bahamas

BAHAMAS FIRST
HOLDINGS LIMITED

NOTICE TO SHAREHOLDERS

Bahamas First Holdings Limited hereby notifies all its

shareholders that based on unaudited financial results

of,the Company for the quarter ending 30‘ September

2008/Projections- 31** December 2008, the Board of

Directors has declared an interim dividend of five cents

(5¢) per common share to be paid on 15** December 2008

to all shareholders of record as of 1* December 2008.



INTERNATIONAL BUSINESS

Dine oO Ns ee aa
Major stimulus planned for Europe

markets.”

This recovery plan is big and
bold, yet strategic and sustain-
able,” he said.

Gilles Moec, senior -econo-
mist at. Bank of America in
London, said, “On the face of
it, it’s more ambitious than the
one per cent of GDP that had
been expected.“ But, he noted,
with only 30 billion euros of the
total package coming from
Brussels, “I’m a bit circumspect
in the absence of tangible com-
mitments from national gov-
ernments.”

- Barroso stressed that the
European Union’s budgetary
rules, which were revised in
2005, would remain in place,
but he said they would be
applied with maximum flexibil-
ity. He said that while member
states would be asked to spend
on average 1.2 per cent of their
gross domestic product on fiscal
stimulus, not every country

would be expected to take part.

*We’re not going to ask
countries that are under pro-
grammes of the IMF to increase
their spending,“ he said, refer-
ring to Hungary, which in Octo-
ber worked out a $25 billion
bailout package with the Inter-
national Monetary Fund.

The monetary affairs com-
missioner, Joaqumn Almunia,
said that countries that
breached the deficit ceiling of
three per cent of GDP would
face official reprimands, but
would be given longer than usu-
al to bring their budgets back
into balance because of.the
exceptional circumstances.

Barroso said that the euro
had protected a number of the
region’s economies from the
worst effects of the financial
crisis and that it was vital to
retain the credibility of the cur-
rency. He added that it was
impossible to have a strong

NOTICE

NOTICE is’ hereby given that MARIE-YOLA: CAJUSTE-
CADOT of MARSH HARBOUR, P.O. BOX AB-20554,
ABACO, BAHAMAS is applying to the. Minister responsible
for Nationality and Citizenship, for registration/naturalization

as a citizen of The Bahamas, and that any person who
knows any reason why registration/ naturalization should
not.be granted, should send a written and signed statement
of the facts within twenty-eight days from the 27TH day of
NOVEMBER 2008 to the Minister responsible for Nationality
and Citizenship, P.O.Box N-..7147, Nassau, Bahamas.










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euro without a credible set of
rules for the governments of
member countries.

The measures proposed
Wednesday include accelerat-
ing the payment of 6.3 billion
euros in European Commission
financing for regional aid pro-
jects, channeling money more

quickly to national govérn-.

ments, mostly to Europe’s new-
er, formerly Communist coun-
tries.

There is a further plan to
speed up to 2009 and 2010 the
spending of five billion euros
of already pledged money on
energy infrastructure and
broadband communications.

While the commission has
limited powers over member
country’s finances, the
announcement was intended to
spur leading economies like
Germany into producing
national recovery plans.

Officials face a difficult task







PUBLIC NOTICE
INTENT TO CHANGE NAME BY DEED POLL

‘The Public is hereby advised that we, CAROLYN BOWLEG and JOHN
STUART, the natural mother and father of DEJON CARRINGTON
BOWLEG a minor of the Southern District of the Island New Providence
intend to change our son’s name from DEJON CARRINGTON BOWLEG
to. DEJON CARRINGTON STUART. If there are any objections to this
change of name by Deed Poll, you'may write such objections to the q |
Chief Passport Officer, RO.Box N-742, Nassau, Bahamas no later
than thirty (30) days after the date.of publication of this notice.

in coordinating action. among
countries with different cur-
rencies and differing degrees of
economic distress. Some mem- .
ber governments have already
announced fiscal policy mea-
sures of conflicting design.
Britain for example is cutting
its sales tax, while Ireland.-is
raising its own.

It is currently impossible to
say exactly how much of the
national governments’ 170 bil-
lion euro contribution has
already been pledged, Moec
said, though that should
become clearer at a December
meeting of European econom-
ic and finance ministers.

Moec said the biggest Euro-
pean economy, Germany, was
also the biggest question mark.
Angela Merkel, the German
chancellor, warned lawmakers
that the country should not get
into ”a race for billions“ with
other countries.










NOTICE

NOTICE is hereby given that TALMA CAJUSTE of MARSH
HARBOUR, P.O. BOX AB-20554, ABACO, BAHAMAS
is applying to the Minister responsible for Nationality and

Citizenship, for

registration/naturalization as a_ citizen

of The Bahamas, and that..any person who knows any
reason why registration/ naturalization should not be
granted, should send a written and signed statement of .
the facts within twenty-eight days from the 27TH day of
NOVEMBER 2008 to the Minister responsible for. Nationality...
and Citizenship, PO.Box N- 7147, Nassau, Bahamas.;:

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PAGE 8B, THURSDAY, NOVEMBER 27, 2008 | THE TRIBUNE
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THE TRIBUNE

THURSDAY; NOVEMBER 27, 2008, PAGE 9B



RS a
Obama chooses economic advisers

@ By SARA KUGLER
Associated Press Writer

CHICAGO (AP) — President: elect Barack
Obama pledged on Wednesday to have an eco-
nomic plan ready for action to deal with the
nation's financial crisis on his first day in office.
"Help is on the way," he declared.

He also pushed back against criticism that he was
recycling former Clinton administration officials as
he builds his new economic team. He said his Cab-
inet would ' eonome experience with fresh think-

"

ing.

In his third news conference on the economy in
as many days, Obama announced he had chosen
former Federal Reserve Chairman Paul Volcker to’
head a new White House panel to help create jobs
and bring stability to the ailing financial system.

Volcker, 81, will head the President's Econom-
ic Recovery Advisory Board. The board's top staff
official will be Austan Goolsbee, a University of

Chicago economist.

Volcker is a legendary central banker who raised
interest rates and restricted the money supply to
tame raging inflation in the 1980s. It was a painful

Goolsbee...

prescription that helped send the economy into said.

one of the nation's worst recessions.

"He pulls no punches," Obama said of Volcker.
"He seems to be fairly opinionated."

Fifty-five days before his inauguration, Obama
defended his selection of former Clinton oreials
_ to help run his administration.
"The American people. would be troubled if I



a
iS
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3
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US’ PRESIDENT-ELECT Barack Obama (right) stands
with former. Federal Reserve- Chairman Paul Volcker,
- chairman-designate of. the Economic Recovery Advi-
. gory Board (left). and chief economist-designate Austan

selected a.treasury secretary or a’ chairman of the

‘National Economic Council at one of the most .
critical economic times in Our history who had no ©
experience in n, government whatsoever,"

Obama

"What we are going to do is combine experience
with ‘fresh thinking,"-he said. "But understand
where the vision for change comes from. First and
foremost, it comes from me. That's my job, is to-
provide a vision in terms of where. we are going

and to make sure then that my team is imple-

menting,"

Reports: US economy hit from all sides

iH By MARTIN CRUTSINGER
’ AP Economics Writer

WASHINGTON (AP) —
The ‘government released. a
quartet of reports Wednesday
that paint a bleak picture of the
nation’s economy: Jobless
claims remain at recessionary

levels, Americans cut back on’

their spending by the largest
amount since the 2001 terrorist
attacks, orders to US factories
plummeted and homes sales fell
to the lowest level in nearly 18
years.

The Labour Department
reported that initial requests for
unemployment benefits fell to a
seasonally adjusted 529,000
from the previous week’s
upwardly revised figure of
543,000. But claims remain at
recessionary, levels. The four-
week average, which smooths
out fluctuations, rose to 518,000,
its highest level since January
1983, when the economy. was
emerging from a steep reces-
sion.

One minor bright spot —

showed the number of people
continuing to claini unemploy-
ment insurance dropped unex-

pectedly to 3.96 million, from,

the previous week’s 4. 02 mil-
lion, which was the highest lev-
el in 25 years. The labour mar-
ket has grown by about half
since 1983.

Meanwhile, the Commerce
Department reported that con-
sumer spending plunged by one
per cent in October, even worse
than the 0.9 per cent decline
that had been expected. Con-
sumer spénding accounts for
two-thirds of total economic
activity.

Orders to US factories for
big-ticket manufactured goods
also plunged last month by the

- largest amount in two years. —

Orders for durable goods
dropped by 6.2 per cent, more
than double the decline econo-

mists expected. The Commerce
Department report, showed
widespread declines through-
out manufacturing led by

decreases in autos and air-

planes.

The department also reported
that new home sales decreased
5.3 per.cent last month to a sea-
sonally adjusted annual sales

' pace of 433,000 homes, the low-
est level:since January 1991, -

another period when the coun-
try was undergoing a steep
housirig downturn.

The median price of a new







Located approximately

home sold in October fell to
$218,000, down seven per cent
from a year ago, and the lowest
since September 2004.

Wall Street appeared ready,
to give back some of its recent
gains as investors reacted to the
downbeat economic readings.
The Dow Jones industrial aver-
age fell more than 60 points in
early trading Wednesday. 1 he
stock market is coming off. of
three sessions of gains, so some
giveback, especially with disap-
pointing data, is to be expected.

With the economy showing
further signs that it is headed

. into a steep swoon, the admin-
istration and the Federal ©

Reserve rolled out two new pro-
grammes Tuesday that would
provide up to $800 billion in an
effort to get more loans flow-
ing in such critical areas as
mortgage lending, credit cards,
auto loans and small business
loans.

Credit markets liked the new
efforts, but private economists
said the new moves were not
likely to be the last changes in
the government’s vast rescue
programme, which has already
undergone significant alter-
ations since it was passed by
Congress on October 3.

Analysts believe more work
will need to be done because of

their " expectations that the econ- .

omy’s vital signs will continue to
worsen as the country slips into
what many believe could be the

worst recession: since the early:

1980s.

The unemployment rate has

hit a 14-year high of 6.5 per

cent, putting pressure on per- |

sonal incomes. The government
reported’Tuesday that the over-
all economy, as measured’ by
the gross domestic product,
shrank at an annual rate of 0.5
per cent in the July-September
quarter, reflecting the fact that

consumer spending fell at the _

fastest pace in 28 years.
Nariman Behravesh, an econ-

. omist at IHS Global Insight,

said he was expecting GDP to
shrink at a four per cent rate in
the current quarter, reflecting
the battering consumers ate tak-
ing from the worst financial cri-
sis since the 1930s. He predicted
that the economy would. remain
in recession through the first
half of next year.

“We are in the early stages

' of one of the worst recessions in

the postwar period, even fac-
toring in a massive stimulus pro-
gramme,” Behravesh.

INVESTMENT OeeO vO ny

COMMERCIAL BUILDING .
Known as Maxwell House, Hawkins Hill, Nassau

Main Building Comprises Approx. 3,640 sq. ft.
Deached storage! 756 sq. ft.



152 feet south of Shirley Street
Interested persons should submit offers in writing addressed to:

The p Maniacs Credit Risk Management, P.O. Box N-7518, Nassau, Bahamas
to reach us on or before December. 5, 2008.

For further information, please contact: 356-1608 or 356-1685. :

To revive the economy, Pres-
ident-elect Barack Obama has
said a top priority will be work-
ing with Congress to enact a
stimulus package with the goal
of creating 2.5 million new jobs
over the next two years, Ana-

lysts believe such an effort will

require spending betweén $500 .
billion to $700 billion, a figure
that would be on top of all the
money being spent to stabilize
the financial system. .

In the latest efforts to stabi-
lize the financial system,.the -
Federal Reserve announced
Tuesday that it will buy $200
billion in securities backed by
different types of debt including

‘credit card loans; auto loans, |

student loans and loans to small

- businesses. That market essen-
* tially froze in October. These

types of loans asa result have.

’ become harder to obtain and’

have carried higher interest
rates

The Fed also announced that :
it will spend $500 billion to buy
mortgage-backed securities .
guaranteed by mortgage giants
Fannie Mae .and Freddie Mac
and another $100 billion to
directly purchase mortgages *
held by Fannie, Freddie and the
Federal Home Loan Banks. .

This would greatly expand an
initial modest effort announced
in September with the. goal of
creating increased demand for
mortgage-related assets. The .
hope is that this will drive down.
the price of mortgages and
make home loans more. avail-
able.

Analysts predict the-Fed pro-
gramme could send mortgage

“tates down by as much as one-

half to a‘ full percentage point in
coming months, helping to spur ~
demand in the beleaguered -
housing market, which is suf-:
fering its worst downturn in
decades. “

‘The latest federal moves
raised US commitments to con-
tain the financial crisis to near-
ly $7 trillion — though no one
thinks ‘the government will actu-
ally spend anything like that fig-
ure.

In the case of the Federal

-Reserve, the amount covers

huge loans that financial insti-
tutions will have-to pay back.
In the case of the Treasury res-
cue effort, the government will
at some point sell the stock it
owns back to the banks, pre-
sumably when the banking sys-
tem is doing better and the
stock will be worth more.





PAGE 10B, THURSDAY, NOVEMBER 27, 2008 THE TRIBUNE

MISCELLANEOUS PROPERTIES

THE TRIBUNE,
November 27, 2008









side.Painted white trimmed light agua.



Lot No. 181, Dorsetteville Bamboo Town

All that piece parcel or lot of land having an area of 5,000 sq ft, being lot # 181, of the subdivision known as Dorsetteville which is situated in the southern district of New
Providence located on this property is an approximately 25yr old single family residence comprising of approximately 1,162 sq ft & consisting of 2-bedrooms, 1-bath, kitchen,
living, dining room & carport. The land is on a grade and level; the site appears to be sufficiently elevated to disallow the possibility of flooding during heavy rainy periods. The
grounds are fairly kept with improvements of concrete parking area & concrete walkways around the premises. The yard has chained linked fencing at the sides and back.

Appraisal: $149,016.00

Traveling East Street South, turn right at porky’s service station [Victoria Blvd]. Take the 4th corner on the right (Raynell Drive) the subject property will be the 4th on the left



This property is situated in Eleuthera Island Shores.



Eleuthera Island Shores Subdivision LOT NO. 1, BLOCK NO. 45,

SECTION E, ELEUTHERA ISLAND SHORES

All that piece parcel or lot of land having an area of 9,644 sq. ft. being lot #1 in block 45, Section “E” in the subdivision called and known as Eleuthera Island Shores Subdivision,
situated in the vicinity of Hatchet Bay Harbour, on the island of Eleuthera, one of the islands of the Commonwealth of The Bahams. This site.encompasses a two storey
building which is approximately 14 yrs old and is abandoned. There is a wooden landing approximately 7’-4” wide by 20’-0” on the upper level, approximately 1,610 sq. ft. of
enclosed living space, with 3-bedrooms, 2-bathrooms, front room, dining room, den, kitchen, and utility room. The wooden porch on the upper level is approximately 148sq.
ft. There is also a water cistern under the dining room floor area. All utilities and services available. 5 ;

Appraisal: $151,007.00



the possibility of flooding during heavy rainy periods.

white.

Lot No. 186, Coral Harbour Waterways, Coral Harbour

All that lot of land having an area of 12,150 sq ft, being lot # 186, of the subdivision known as Coral Harbour Waterways, situated in the western district of New Providence. Located on this
property is a single family residence comprising of approximately 2,482 sq. ft. of enclosed living space consisting of 3-bedrooms with closets, 2. bathrooms, kitchen, living, dining, family &
utility rooms with office (loft), the residence is also equipped with 2-car garage with electronic doors the land is on a grade and level; the site appears to be sufficiently elevated to disallow

Appraisal: $427,726.80

Take coral harbour road from the round about, head straight toward the canal, take about the 3rd right, hopkins drive. the subject property will be the Ist house on the right side painted all



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

Appraisal: $188,406.00 ,

Heading west along Soldier Road take main entrance to



on the left then 1st right, house is second on your right
with garage.

DUNDAS TOWN (ABACO)

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



Appraisal: $265,225.00

: LOT NO. 12, BLOCK 3, MILLAR’S HEIGHTS.

12, of the subdivision known and designated as Millar’s
Heights, situated in the Southwestern district of New
Providence, Bahamas. This property is comprised of a 25
yr old single family residence consisting of approximately
2,375 sq. ft of enclosed living space with three 2-bedrooms,
1-bathroom, living/dining rooms, and kitchen apartment
complex. The land is on a grade and level and appear to
be sufficiently elevated to disallow the possibility of flooding
2 during annual heavy rainy periods. The grounds are fairly
kepi, with improvements including parking area, walking pathway and low shrubs. The yard is enclosed with chain
linked fencing at the back and southern sides. : :



Appraisal: $239,500.00

Traveling west on Carmichael Road, enter West Avenue; on the South side immediately after Topps Laundromat. Take
first right which is Wimpole St., go. around the curve on the left which is London Avenue, traveling south on London
Avenue the subject property is the 9th building on the right before the T, Junction (high street) the subject building is
an L shape triplex, painted green, trimmed white. ~ shee ,








Bogue North Eleuthera, All utilities and services available.

Kennedy Subdivision on the left, then take the 1st corner -



All that lot of land having an area of 7,500 sq. ft., being lot

WYO ails

Lot No. 3 Yamacraw , Beach Estates

All that lot of land having an area of 10,000 sq ft, being
lot no. 3 in Yamacraw Beach Estates, in the said
subdivision situated in the eastern district of New
Providence Bahamas. Located on the subject property
is a single-storey triplex building comprising of 3 units
with two 2-bedrooms, 1-bathroom, living, dining, kitchen
apartments unit and one unit being used as a barber and
beauty salon. the land is on a grade and level; however
the site appears to be sufficiently elevated to disallow
the possibility & flooding during annual heavy rainy
periods of the year. 7



Appraisal: $31 3,016.00

Traveling south on Fox Hill Road, go pass Yamacraw Hill Road and. Joe Farrington Road. The subject
property is-located on the left hand side of Fox Hill road painted white trimmed. brown.



Dorsettieville, Bamboo Town - Investment Opportunity Must Sell Lot No. 51

All that lot of land having an area of 5,000 sq ft, being lot no. 51,
of the subdivision known as Dorsetteville, the said subdivision
situated in the southern district of New Providence Bahamas.
Located on the subject property is a structure comprising of an
approximately 20yr old duplex apartment comprising’ of
approximately 1,641 sq. ft. of enclosed living space which includes
‘two 2-bedrooms, 1-bath, kitchen, living & dining rooms units. and
an approximately 9yr old one bedroom apartment building
comprising of 382 sq. ft. with bath, kitchen, living/dining room. the
‘land is on a grade and level; the site appears to be sufficiently
elevated to disallow the possibility of flooding during annual-heavy
rainy periods of the year. The grounds are fairly kept with improvements
-of concrete parking area’ & ‘concrete walkways around the premises.





ap The yard is enclosed with chained linked‘fencing at the sides and back.

/ Appraisal: $202,225.40 ‘ me ee

Traveling south on East Street from Soldier Road, turn -right at Porky’s Service Station [Victoria Blvd]. Travel pass the third

corner on the left, the. subject property will be the 9th on the left side. Painted green trim white.



Investment Opportunity Must Sell Lot No. 217
Pinewood Gardens Subdivision

All that lot of land having an area of 5,000 sq ft, being Lot
No. 217 of the Subdivision known as Pinewood Gardens, the
said subdivision situated in the Southern District of New
Providence Bahamas. Located on this property is a structure
comprising of an. approximately 20 yr old single family residence
consisting of 992 sq. ft of enclosed living space with 3-
bedrooms, 1-bathroom, living/dining rooms, kitchen, drive
way and walk way. The land is on a grade and level and
appears to be sufficiently elevated to disallow the poscibility
of flooding. The grounds are fairly kept and yard is open.

Appraisal: $127,988.00 _



Traveling south on East Street to the junction of Soldier Road, make a left at the light then turn right into Kennedy
Subdivision, go all the way to T-junction, turn right then first leftthen right again toward Mount Tabor Church building,
after passing Mount Tabor take first left (sapodilla blvd), the subject house is about 400 yards on the right painted vellow
trimmed green, with green and white door. : : :

?

ELEUTHERA - LOT NO. 90-D, LOWER BOGUE

All that piece parcel or lot of land containing 42,616 sq. ft. and being Lot # 90-D on a Survey plan situated in the settlement of Lower Bogue on the island of Eleuthera, this
site encompasses a commercial building consisting of a restaurant and disco that is approximately 13 yrs old, with.a total sq. ft. of approximately 4,852.12, which includes
male & female rest.rooms, stage area, 2-dressing rooms, dining room, commercial kitchen and storages inprovements also includes a 660.4 sq,.ft, front veranda, 752 sq,
ft, concrete walk-ways, and 192 sq, ft, back porch. This building is central air-conditioned. ; *

Appraisal: $490,671.00.

This property is situated on the western side of the main Eleuthera Highway & approximately 2,219 ft. northerly of Four-For-Nothing Road, in the settlement of Lower



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

a topography of approximately 2 ft. with all utilities and services available.

Â¥ .

ISLAND HARBOUR BEACH, EXUMA

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

Appraisal: $80,000.00

MUTTON FISH POINT NORTH ELEUTHERA

All that piece, parcel or tract of land containing 1 acre situated about two miles northwestward of the settlement

of Gregory Town on the island of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and is
bounded and abutting as follows:- Northwestwardly by the main Queens Highway and is running thereon for a
distance of 125.462 feet northwestwardly by the land now of formerly the property of Coridon Limited, and
running thereon for a distance of 390.274 hundredth ft.; southwestwardly by a 30’ wide road reservation and
running thereon for a distance of 128.128 hundredth ft; southeastwardly by thé land now or formerly the property
of the Venor and running thereon for a distance of 322.955 hundredth ft. This property having an area of
approximately 44,847.76 sq. ft. This neighbourhood is zoned commercial development and is quiet-and peaceful
with a topography of approximately 2 ft. with all utilities and services available. ;

APPRAISAL: $51,574.00

This lot is vacant land and is located in the area known as “Mutton Fish Point”

APPRAISAL: $51,421.00

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

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

For conditions of sale and other information contact

Philip White @ 502-3077 email philip.white@scotiabank.com or Harry Collie @ 502-3034 ¢ email harry.collie@scotiabank.com e Fax 356-3851







THE TRIBUNE THURSDAY, NOVEMBER 27, 2008, PAGE 11B

INVESTMENT OPPORTUNITY

MISCELLANEOUS PROPERTIES THE TRIBUNE,

November 27, 2008



Lot No. 5, Block 20 Millar’s Heights

All that lot of land having an area of 7,500 sq, ft, being Lot 5 block 20, of the subdivision known as Millar’s, the said subdivision situated in the southwestern
district of New Providence, Bahamas. Located on the subject property is an approximately 19 yr old single-storey duplex apartment consisting of approximately
1,524 sq. ft. of enclosed living space with two 2-bedrooms 1-bathroom, living, dining rooms & kitchen. Ventilation is by wall air-conditioning units in the
bedrooms. Minor repairs needed. The land is on a grade and level; however the site appears to be sufficiently elevated to disallow the possibility of
flooding during annual heavy rainyperiods of the year. The grounds are fairly kept, with improvements including parking area & walking pathway. The
yard is inclosed with chain linked fencing at the back & southern sides, with low wall in front

Appraisal: $182,536.00

Traveling west on carmichael road, go pass the intersection of faith avenue heading towards Bamboo Shack. Take the corner opposite Bamboo Shack
where washhouse is located. Heading south all the way through, the subject property will be the 3rd on. the left side after passing the 3rd corner painted
yellow trimmed green.





LOT.NO. 2 MORIGOLD FARM SUBDIVISION | Lot #4 Jackfish Drive, Golden Gate #1















All that lot of land having an area of approimately 5,638
sq. ft. being lot No. 2 of the subdivision known as
Marigold Farm Subdivision, the said subdivision situated
in the Eastern District of New Providence and located
Lumumba Lane North off Marigold Road situated on
the property is a 6year old single storey residence
consisting of 3 bedrooms, 2 & 1/2 bathrooms, living,
dining, kitchen and utility room. The Land is on a grade
and level and appears to be sufficiently elevated to
disallow the possibility of flooding. The property is open
from the front but has chain linked fencing at the sides

Appraisal: $197,107.60



and back.

Take Joe Farfington Road heading east, turn onto Marigold Farm Road go pass Marigold Farms, then turn right
onto Lumumba Lane, go almost to the middle of the corner and the subject property is about the eight house
‘on the right hand side of the road.





HAMILTON’S, LONG ISLAND










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



LOT LOCATED STELLA MARIS, .
LONG ISLAND






All that lot of land having an area of 30,000 sq
ft, more or less, having a 150 ft of road frontage
& running back 200 ft at its most is located -
within the Stella Maris Subdivision in North
Long Island one of the Island of the
Commonwealth of The Bahamas. Located on
this property is a 6yr old split level residence
consiting of approximately 3,058 sq. ft. of
E enclosed living space with 2-bedrooms, 2-
bathroms, living, dining & tv rooms, kitchen & breakfast room, also a garage which serves as a laundry
room. There i is also attached to the home a 10,000 gallon rain water holding tank & 1,202 sq ft of tiled patio.














Appraisal: $67,000.00.

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








Appraisal: $658,000.00

LOT NO. 359, ELIZABETH
ESTATES

All that lot of land being Lot No. 359,.
in the subdivision known as Elizabeth.
Estates situated in the eastern district of
New Providence, Bahamas & having an
area of approximately 5,000 sq. ft. located
on the subject property is a 22 year old
single family residence comprising of
approximately 871, sq, ft of enclosed
living space consisting of 3-bedrooms,
1-bathroom, living, dining, kitchen, &
- laundry room. The land is flat but appears
to be sufficiently elevated to withstand the annual rain fall. The property is landscaped.& contains low
shrubs, flowering & fruit trees :

(LOT NO. 62, LOWER BOGUE)
ELEUTHERA




All that piece seneel or lot of land and
improvements, in the settlement of Lower Bogue,
North Eleuthera, being No. 62, comprising of
about 34,210 sq. ft., this site encompasses a 12
year old single storney home comprising of 4
bedrooms, 3 bathrooms, front room, dining,
breakfast room, kitchen and laundry room, with
a total living area of approximately 2,342.06.
Property also includes a double car garage, and
front entrance with a total sq. ft. of approximately
655.75. This home is approximately & 85% aa The De is well Hatieenee with crab grass, fiascos
and some fruit trees.



Appraisal: $123,425.00



Travelling east on Prince Charles Drive, turn through the main entrance into Elizabeth Estates —
Commonwealth Blvd, travel all the way to Thelma Gibson Primary School: & turn right — St. Vincent

Ave. the subject property will be located on the next corer on the Ren side of Jamaica Ave & St.Vincent |. ee ‘ aus : ‘ ‘
Avenue painted an white. ; : This property is situated on the western side of Eleuthera Highway in the settlement of Lower Bogue.

Appraisal:.$229,426.00

a’



VACANT PROPERTIES

we BLACKWOOD, ABACO
Lot No. 3, Block 8, Derby Subdivision Siresart : ; ;
All that lot of land having an area of approximately 258,064 sq. ft. This property is yet to reach its highest and best use.

All that lot of land having an area of .26 acres, ene Lot # 3, Block 8, Unit 3, of the wubdininion known It is ideally suited to single or multi-family development as is the nature of surrounding properties within the community.
as Derby Subdivision, situate on the Island of Freeport, Grand Bahamas. : The site may also serve well as a commercial site as the area remains un-zoned the property remains largely in its original i
; state. It is covered with low brush and broad leaf coppice vegetation intersperse with broad strands of mature Yellow . |

Appraisal: $65,000.00 Pine indigenous to the area. The property is well drained and represents no immediate flooding danger under normal i

conditions. H

This property is located on Henny Terrace & about 500 yards from Casuarina Drive & 150 yards from the : ; H
Queens Highway. All service & utilities included. The subdivision is zonned as single family residential. APPRAISAL: $219,354.40
The subject property is vacant and is situated at the Southeastern entrance of the Community of Blackwood, Abaco. The
property is undivided and comprises approximately 6 acres of a larger tract of land of approximately 26 acres.

OE RD SUES ee chen Lot No. 1010 # 1011, Pinewood Gardens Subdivision
_ All that lot of land having an area of 10,498 sq ft, being lot B, between the subdivision known as Rock :
Crusher and in the vicinity of Perpall Tract situated in the western district of New Providence, Bahamas.
This property is zoned multi family/single family. Also located on this property is a structure comprising
of a duplex at foundation level under construction, and consisting of approximately 1,566 sq. ft. of enclosed
living space with a patio consisting of 270, sq. ft. the starter bars are in place and foundation poured.

- Appraisal: $97,214.00 aa re est a: Appraisal: $140,000.00

All that lot of land having an area of 10,000 sq ft, being lot # 1010 & 1011, of the subdivision known as
Pinewood Garden, situate in the southern district of New Providence, Bahamas. Located on the subject
property is a foundation of a proposed structure. the land is on a grade & level; however the site appears
sufficiently elevated to disallow flooding during heavy rainy periods.:

Travelling from East Street south, take Sappodilla Blvd then turn onto Pigeon Plum St heading south, the

Traveling West Farrington Road tak ight after t id
Seen Cee tit aap © @ right atver tne: ETE headanariets).60 Spout midwaye subject Propetty is located on the corner of Pigeon Flue te Sora Street.

through to Wilson Street, go though the corner all the way to the dead.end. The propery is located:
behind the chain linked fence at the back of the yard. :

NORTH ELEUTHERA HEIGHTS (ELEUTHERA) Eleuthera - Lot No. 15, North Palmetto Point =»
All that piece parcel or lot of land containing 22,316 sq. ft. being a portion of a 25.166 acre tract “A” &

Lot #20 approximately 11,200 sq. ft., and bounded on North by Early Settler Drive and South by Deal being lot # 15 in a development known as Spanish Main situated in the settlement of Palmetto Point on

Investment Ltd., this is a single family zoning and 50 ft., above sea level. This site encompasses a foundation . . . Sey

with plumbing and roughing inplace and well compacked quarry fill. The concrete floor has not been poured eee one of the Islands of The Bahamas. This area is complete with all utilities and
as yet. The foundation is 2,511 sq. ft. Lot #20 situated 1.5 miles east wardly of the Bluff Settlement. The ah A Ss 1: $65, 832. 00

said lot is vacant and a hill over looking the Atlantic Ocean. ' Peer

This property is situatedat opens Main just off the Bank Road North Palmetto Point South Eleuthera
district.

Appraisal: $41,275.00



Lot B, Marigold Farm Road Allotment 67

All that lot of vacant land having an area of 1,173 acres and being referred to as the plot. the property is lot No. B and is situated on Marigold Farm Road in the area known as Allotment 67, a subdivision situated in ‘the south eastern district of
New Providence Bahamas. This property is zoned multi family. ¢ ’

"Appraisal: $290,000.00

Traveling from Joe Farrington Road onto Marigold Farm Road heading south. The subject is th 2nd to last property on the left hand side of the road near the pond.

For conditions of sale and other information contact

Philip White @ 502-3077 email philip.white@scotiabank.com or Harry Collie @ 502-3034 « email harry.collie@scotiabank.com ¢ Fax 356-3851





PAGE 12B, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE

INVESTMENT OPPORTUNITY
MUST

NEW PROVIDENCE

DGE ESTATES














Appraisal: $930,000.00

All that lot of land having an area
of 30000 square feet, being lot
Number 17 of the subdivision
known as Westridge Estates
» Addition. , District on the island of New
Providence.

_ Located on the subject property is
» a newly con-structed single storey
_ Structure comprising 6,000 feet of
‘fiving space with .a three Car
Garage.

The building is 75% completed and comprises five bedraoms, four and a half baths
study, living/dining, family room, kitchen, laundry and generator roam.

Location: From SuperValue West Bay, take the road heading west into Westridge, take the first
corner on the Right, Westridge Drive. Subject property will be about the seventh on the right
hand side of the road.

No. 17 W

ESTRI

x






















ARORSOEHAEEHOEROREDOHDORNOOH DORE

Lot 238 SUN CLOSE

Appraisal: $136,000.00
SUNSHINE PARK

with concrete floor, consisting

PARCEL OF LAND, PALMETTO POINT
ELEUTHERA ©

SE LL.
FAMILY ISLANDS







Appraisal: $112,105.00




All that piece, parcel or lot of
y land 2,743 feet East of the
junction of the Palmetto Point
road and = main Eleuthera
Highway containing 2.45 acres.
This site encompasses a 28-
year-old single storey concrete
structure of approximately 832.
square feet of enclosed floor
space inclusive of shop space
and rest room facilities.

PREP RSOLSIEPEGHESEROSEPOED ESE EEESRE

BB

i a oe ELEUTHERA chee

ocated on this 4, square feet /
single/multi family property is a Lot #115 GOVERNMENT SUBDIVISION . a
20-year-old building of T-111 wood HATC Appraisal: $101,023.00



approxi-mately 2,198 square feet
of enclosed space. The structure
was’ formerly used as a retail
store and storage facility. :
Directions: From Golden Gates

Shopping Centre, Baillou Hill Road..
. Take the third corner on the Right after
-passing Farmer’s Market. Take. the
“second Right then First right (Sun Close) subject is the fourth property on the
















Right white trimmed black.

PREOREDEHASAEROESOERHERSEORHOEEDOD
ref

LOT #1440 GOLDEN GATES Appraisal: $335,000.00









: Located on this 6,000 square feet

property is a split level single family
— dwelling comprising four bedrooms,
_ two and a half bathrooms, living and
s dining rooms, kitchen and TV room.
» Attached to the main house is two

se oe one bedroom apartments.

Directiongt"Fake Carmichael Road heading west, turn corner opposite BEM Church, Cedar
Way, thed fake first corner_on the right, Tangerine Street. Subject will be about the second on
the right hand side of the road. * :



Â¥
i
of

ROFHRSH SHRUG LSHEHROSHUSEHE SER EERE

#7 MALCOLM ROAD
Lot 18, House #7, Malcolm Road 3
West having. an area of 5,000 §
square feet. Existing thereon is
a 40-year-old split leveled
residence divided into five (5) @
one bedroom, one bathroom
_| apartments, four located on the
“|; main floor and one on the upper §
portion is made of durock and is



Appraisal: $156,747.50

ey


























about 50% complete. The!
building is in. fair condition and-
is in serious need of

maintenance.

Directions: From Baillou Hill Road heading South pass $.C. McPherson
School, take Malcolm Road heading East. Pass the first corner on the left to
House #7 painted white trimmed green. —

SCHROGCREERSOEROEHNOEROSCHROUROEROSH

Lot 20 COOPER'S TERRACE Appraisal: $91,000.00

OFF KEMP ROAD

The property has a total ¢
area of | approximately §
4,550 sq. ft. Located on the
subject property are 2
structures. Building 1&§
comprise an approximately
-25-30 year old single family |
residence consisting of
approx. 937 sq. ft. of living
space with 3 bedrooms
with closets, 1 bathroom,
living, dining, kitchen and
porch.
Building 2 comprises a single storey building of poured concrete
foundation approximately 20 years old. Floors are tiled; ceilings are sheet
rock with standard plumbing and electrical fixtures. The building appears to
| be occupied as a residence having an area of approximately 283 sq. ft.

‘| DIRECTIONS: Take Kemp Road heading north, turn left on to Cooper’s
| Terrace go about midway through, subject will be located on the left hand

‘side of the road.

te








OF

Ssooseooeneepneeressserssasnseusssseeserasssssesteneerneressesteesesteeesteeseeeoan

| Send bids to Fax: 356-38

51 or P. O. Box N-





ALICE TOWN,



work has been completed, The block work is completed on the
bottom floor with a portion of the upper floor completed.

HET BAY |











Located on this property of 5,500 square feet is a 20-year-old
single family residence of approximately 1,635 square feet of
living space. Included in. this home is three bedrooms, two
bathrooms, living, dining rooms and kitchen. The house is in need

of repairs.

SRFOKROEROEKHSCEROEHDENSOHBOEROOCR

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



SSS

‘The subject property is located on Kingway Road and is

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

RESCHRSSEROSERISCHHSEHSKOSRISCRTOENVE RS

EXUMA

BAHAMA SOUND #18
Lots 17663, 17664, 17665 |

Appraisal: $220,180.00



The subject property is being
developed with a single family
split level residence of CBS
construction with 1956 square
feet of living space. The top
floor. comprises 1496. square
feet and the lower floor
comprises 460 square feet. All
plumbing and electrical rough



FOR CONDITIONS OF SALE AND ANY OTHER INFORMATION CONTACT:
HARRY COLLIE @ 502-3034
E-mail harry.collie@scotiabank.com

PHILIP WHITE @ 502-3077
E-mail philipwhite@scotiabank.com

7518 Rosetta Street, Nassau, Bahamas



THE TRIBUNE

THURSDAY, NOVEMBER 27, 2008, PAGE 13B

INVESTMENT OPPORTUNITY

MUST SELL

FREEPORT



‘Lot 23A, Block KN, John Wentworth Avenue, Unit 1

| BAHAMIA NORTH SUBDIVISION
Appraisal: $718, 000.00

FREEPORT GRAND BAHAMA



Located on this Multi Family jot of 23,564 square feet are two incomplete
buildings. Single story Triplex of 3,502 square feet inclusive of Living and
dining area with full service kitchen three bedrooms inclusive of Master
bedroom and two bathrooms per unit. i

PSHKLSOHRTHRHHRHRSSRHSPRHHOHARHHSEE OER

‘Lot No. 37 BLOCK 33, CHURCHILL COURT,
BAHAMIA MARINA & BAHAMIA 4 SUBDIVISION,
FREEPORT, GRAND BAHAMA Appraisal: idee 000.00



All that lot of land having an area of 16,533 sq. ft. being lot No. 37 of the
subdivision known and designated as Bahamia Marina and Bahamia Section
4 Subdivision, Freeport, Grand Bahama. Located on this property is a
structure comprising. a 3 year old duplex structure which covers
approximately (3,058) square feet. Apartment consisting of two 2-bedrooms,
2-bathroom with private Jacuzzi in master bath, spacious living and dining
room, full service kitchen, a laundry and utility room, foyerfhallway with Jinen
and storage closet. The property is fully secured by six foot plastic coated
chain-link fence runs along the side and rear and adjoins the paiited 4 foot
wall, with 5 foot pillars at front with electronic gate.

Dam lok 1 ot ORR OME SPREE MRERIEReOHRea THE REEH |

Lot 7 Block 8 - BAHAMIA SECTION IV |
FREEPORT, GRAND BAHAMA _ Appraisal: $799,560.00

Located on the property of 1.08 acres
that has been zoned for multifamily
development are four buildings: A, B,
C and D. Houses A and B are
positioned along the road and they
face each other. Houses C and D are
iocated to the rear of the building and
are’ facing each other. . The
constructions of Houses A and B are
just about completed, houses C and D |
are incomplete. The lot is enclosed
with chain linked fence except along
the front where a concrete wall is
erected. A concrete driveway (also
used for parking and about the centre
of the lot) leads from the road and
runs through the middie of the yard
separating House A and B..

Each building contains a total area of
two thousand and seventy-two (2,072)
square feet. Inclusive of the entrance
porch with an area of 182 square feet.

Each house contains an entrance
porch, living and dining rooms and
kitchen, three bedrooms, two
bathrooms, a laundry area, adequate
storage and closet space.



ROCKO NHOGHOEHOOHROEROEHOORHOEHD



Lot 12B, Block LN, Unit 2
BAHAMIA NORTH, FREEPORT Appraisal: $54,000.00

The property is located on Cadwallader Drive and has an area of
approximately 24,001.56 square feet. It is multi-family zoned.

Located



| DERBY SUBDIVISION, FREEPORT Appraisal:



FREEPORT

Lot 1, Block 8, SEA HORSE VILLAGE, BAHAMA.
REEF YACHT & COUNTRY CLUB SUBDIVISION
Appraisal: S220: 000.00 »

FREEPORT GRAND BAHAMA



Situated on this property of 12,500 square feet is a 36-year-old
quadroplex apartment building containing two 2 bedrooms and 2
bathroom units. and two 1 bedroom, one bathroom units. Each unit |
contains foyer, living and dining area, laundry and kitchen.’

ROEKHAESOASOEASEENEEROREOARHOOED

Lot 4 Block U BAHAMIA SECTION. 1 Seen
FREEPORT, GRAND BAHAMA Appraisal: $348

The property has four unequal
sides for a total area of
approximately .38 acres.
on the = subject
property is a split leveled
structure comprising
approximately 4,427 ‘square
feet of enclosed living space,
The space consist of five
bedrooms, three bathrooms,
kitchen, living roem, dining
area, two Bahama rooms, a a double car garage and. UES area. std




721. 00

OSOKLOTTESSOSCHSSCEROTROSCHDORROEROS

Lot 13, Block 11, DERBY SUBDIVISION ; i
Appialcel $180, 300. 00—

FREEPORT GRAND BAHAMA ©





Lot 13 fronts along the northern side of Henny Road at he. énd of the i
cul-de-sac. Its configuration has. four unequal. sides... The rear.
boundary is along the canal. The front boundary has a curvilinear.
road frontage of 45 feet. The rear boundary (canal frontage) ‘with. one:
point of inflection has a total length of 165 feet. The western:side:
boundary has a length of 146 feet and the eastern side a. a: tengeht °
125 feet, These dimensions result in an area of .32 acres. Rites








Erected on this property is an incomplete building of: a 5 proposed
single storey house. The living space is approximately 3,228. square .
feet; inclusive of foyer, living and dining rooms, kitchen, breakfast.
nook; four bedrooms, three bathrooms, powder room,” den, jecngy:
area, study and ampie closet and storage. Spaee: ned

®

SORHMPREFSORESREMPRGSSCABHREHOHHHRATS

Lot 14, Block 11 Ci)
$112,680.00
Lot 14, Black 11 Derby
Subdivision. Located, on the
subject. property of 11,250
square feet, is an incomplete
single storey. single family
house of approximately 1,008 .
square feet of enclosed living |
space, The space.consist of
one bedroam, ane bathroom,
living, dining, kitchen. There
are porches at the front and
rear entrances. age :

FOR CONDITIONS OF SALE AND ANY OTHER INFORMATION CONTACT:
HARRY COLLIE @ 502-3034

E-mail harry.collie@scotiabank.com

or
ete WHITE @ 502-3077
| earl philipwhite@scotiabank.com
Send bids to Fax: 356-3851 or P. O. Box N-7518 Rosetta Street, Nassau, Bahamas





PAGE 14B, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE



ia en a
New home sales in the US strike 18-year low

i By MARTIN CRUTSINGER
AP Economics Writer

WASHINGTON (AP) —
Sales of new homes fell in Octo-
ber to the lowest point in nearly
18 years while the median price
of a new home dropped to the
lowest level since 2004.

The Commerce Department
reported Wednesday that new
home sales decreased 5.3 per
cent last month to a seasonally
adjusted annual sales pace of
433,000 homes, the lowest level
since January 1991, another
period when the country was
undergoing a steep housing
downturn.

The median price of a new
home sold in October fell to
$218,000, down seven per cent

from a year ago. It was the low-
est median sales price since Sep-
tember 2004.

The drop in new home sales
was bigger than analysts had
expected and left sales 40.1 per

- cent below where they were a

year ago. The bad news on new
home sales follows other reports
this week that paint a bleak pic-
ture of the housing industry.
On Tueday, a report on home
prices and downbeat earnings
results from homebuilder D R
Horton showed further deterio-
ration in the housing market.
The Standard & Poor’s/Case-
Shiller U S National Home
Price Index said home prices
tumbled a record 16.6 per cent
during the third quarter from
the same period a year ago.

Prices are at levels not seen
since the first quarter of 2004.

Fort Worth, Texas-based D
R Horton Inc. reported a near-
ly $800 million loss in its fiscal
fourth quarter on slower home
sales and more than $1 billion in
charges.

A report Monday showed
sales of existing homes fell a big-
ger-than-expected 3.1 per cent
in October to an annual rate of
4.98 million units. The median
or midpoint price for existing
homes plunged to $183,000,
down 11.3 per cent from a year
ago.

The disappointing peiiors
mance for both new and existing
homes showed that the country
is still in the grips of a severe

- housing downturn.

The problems in housing have
sent shockwaves through the
entire economy as mounting
mortgage foreclosures have cost
banks billions of dollars in loan
losses, creating the worst finan-
cial crisis to hit:the country in
seven decades.

President-elect Barack Oba-
ma has said Congress should
begin working on a sizable stim-
ulus programme even before he
is sworn in on January 20, with
the goal of creating’2.5 million
jobs over the next two years to
keep the economy from falling
into a prolonged recession. The
housing industry also is appeal-
ing for help from the new
administration.

The report on new home sales
showed sales were down 18 per

cent in the West and six per cent
in the South.

Sales posted a 22.6 per cent
increase in the Northeast and
were up Six per cent in the Mid-
west. The drop in sales pushed
the inventory of unsold homes
up to 11.1 months, meaning it
would take that long to exhaust
the stock of unsold homes at the
October sales pace.

Builders, who have been

; slashing production in an effort

to get control of inventories, are
being faced with soaring mort-
gage defaults which are dump-
ing more unsold homes on an
already glutted market.

The National Association of
Home Builders reported last
week that its survey of builder
confidence fell to an all-time low

of nine in November, down
from 14 last month:

Index readings higher than 50
indicate positive sentiment
about the market. But the trade
group’s index has drifted below

‘50 since May 2006 and below 20

since April.

The. housing slump already
has cost the country three mil-
lion jobs in construction and
related industries, and the home
builders are urging Congress to
help with increased support for
the industry.-

Tighter lending standards, ris-
ing defaults and fear about the
housing market’s future have
sidelined buyers, an absence felt
acutely by homebuilders such
as Pulte Homes Inc. and Centex
Corp.

INVESTMENT OPPORTUNITY
MUST SELL

FREEPORT

Lot 12 Block 13 Unit 2 *
GREENING GLADE



FREEPORT, GRAND BAHAMA

Located on :this .35 of an
acre property is a sixteen-

year-old — single

residence. comprising four
two bathrooms,
living, dining, storage, utility
and jaundry rooms; there is a
foyer, kitchen and den. The
total area of living space is

bedrooms,

3,016 square feet.



Lot 96 HUDSON ESTATES

family

ABHSHHSHHSSHKTORHSCRKSAKORHESOHRFOHEROE

Appraisal: $254,355.00



Appraisal: $116,190.00

FREEPORT



Lot. 36 SUNRISE PARK SUBDIVISION,
FREEPORT, GRAND BAHAMA

Appraisal: $95,000.00

The property has a total area of approximately .28 acres or 100 by 125
feet. Located on the subject property is a Duplex apartment building,
Apartment 36 A contains a total of approximately 1,526 sq. ft. of living

space. The space consist of 3 bedrooms, 2 bathrooms, kitchen,

living

_toom, dining area, a den and laundry area.



- SFROFROFROSCHOSEHSESCHSSSCSSROSECOSES



Apt. 101 - FAIRWAY MANOR CONDOMINIUMS
FREEPORT GRAND BAHAMA Appraisal: $62,000.00



Located on this 72x102 feet property is a 16 years ald single
family dwelling comprising 1,490 square feet of living space. This
includes, a living, dining and laundry room, kitchen, three
bedrooms, two bathrooms, a garage and entrance porch.



SPSHPSOFCOSTVSOTEROSCPFOSERKSSORVEPSOPLOTE

Apt 9, VILLA MARTINIQUE CONDOMINIUMS
FREEPORT GRAND BAHAMA _ Appraisal: $125,000.00



The unit is a one bedroom unit consists of a living and dining room,
bedroom, kitchen, and bathroom. There is a laundry room facility on
each floor, a common swimming pool, and fencing with an electronic
gate securing the perimeter of the grounds. The rear boundary of the
subject building is the Ruby Golf Course.. The total living area is
approximately 897 square feet.

DERBY
UNIT 3, BLOCK 10, LOT 11 (CANAL LOT)

FREEPORT, GRAND BAHAMA Appraisal: $96,000.00

All that piece, p parcel or lot land being Block 10, Lot 11 of Derby
Subdivision, The land is vacant, rectangular in shape, on level ground
and is on a canal. ‘Gontains approximately 11,250 sq. ft. and.is inva
single family residential area.



» The unit is a one bedroom flat consisting an open area living and
| dining roam, bedroom, kitchen, linen closet and bathroom. The total
| living area is approximately 660 square feet. The porch has an area of
| approximately 75 square feet.



FOR CONDITIONS OF SALE AND ANY OTHER INFORMATION CONTACT:
HARRY COLLIE @ 502-3034
E-mail harry.collie@scotiabank.com

or
PHILIP WHITE @ 502-3077
E-mail philipwhite@scotiabank.com
Send bids to Fax: 356-3851 or P. O. Box N- are SCe\s{s1 Nts mee Uso) teas EET IEEe

NR





er



Shown is today's weather. Temperatures are today's




Today

High

F/C
Albuquerque 55/12
Anchorage 26/-3
Atlanta. 63/17
Atlantic City 50/10
Baltimore - 50/10
Boston 46/7
Buffalo 38/3
Charleston, SC 64/17
Chicago 46/7
Cleveland 39/3
Dallas-= = 68/20
Denver 41/5
Detroit 4215
Honolulu 83/28
Houston === = * 77/25.



THE WEAT




REPORT










Abundant sunshine. Sunny and nice. Bright and sunny. Periods of clouds and Partly sunny and
sun. breezy.
High: 80° High: 81° ~ High: 83° High: 85°
High: 80° Low: 68° Low: 69° Low: 69° ~ Low: 73° Low: 65°
AccuWeather RealFeel PVA ered ill matet itt YrH Merl lm at BLM erate ata} | AccuWeather RealFeel Ee ea ety pe
[FUP LC LTP [87 F | ff 65°F




wind,
elevation on the human body—everything that effects how warm or cold a person feels. Temperatures feflect the high and the low for the day.

The exclusive AccuWeather RealFeel Temperature® is an index that combines the effects of temperature, humidity, sunshine intensity, cloudiness, precipitation, pressure, and

Statistics are for Nassau through 1 p.m. yesterday





Temperature
Sart HIQH oiscscccesssccessctesscessavegusesiecssseccisanr PU E/20 °C
ioe . LOW yas ssscsecessasdecicsticecsassesvicisanedtcasten PE” Fleece
Low: 58° F/14°C Normal igh ...sssssssssssssessssssesssseeeeeeees BO° F/27° C
Z ~ Normal low ...... . 69° F/20° C






















The higher the AccuWeather UV Inde:



xâ„¢ number, the

greater the need for eye and skin protection.









T 7:14 a.m. 2.9 12:42 a.m. 0.
‘TY yoTpm. 23 132 pm. oA
72am. 2.9 1:20am. 0.1

8:04pm. 23 2:11pm. 0.4

8:30am. 2.8 1:59am. 0.1
Sauriay saipm. 22 249pm. 02
su 9:07am. 27 © 2:37am. 0.1
SimeY odpm. 22 3:28pm. 02










@, WEST PALMBEACH Last year's high 83° F/28° C
High: 74° F/23°C Last year's low .. . 14° F/23° GC’
Low: 48° F/9°C Precipitation vs Sunrise...... 6:35 a.m.
As of 1 p.m. yesterday ssc 0.00" Suitset.......5:20 p.m.
: Year to date ............ .. 46.43" New ;
High:75°F/24°C Normal year to date . .. 49.16"
; Low:56°F/A3°C-
eae AccuWeather.com
MIAMI eat = See Forecasts and graphics provided by
At | ge AccuWeather, Inc. ©2008 Nov. 27
High: 76° F/24°C a
F Low: 53° FA2°C High: 79 F/26°C
Ss Low: 65° F/18° C-
ror CATISLAND
High: 75° F/24°G = 25 High: 76° F/24°C .
Low: 63 F/A7 c : Sree Low:61°F/A6°C
SAN SALVADOR
, High: 79° F/26° C
Low: 64° F/18°C







High: 81° F/27°C

highs and tonights's lows.
. : Low: 67° F/19°C






High: 79)
ae Low: 64° F/18°
Friday























Today
Low W High = Low Ww High Low
F/C FC FC FC FIC
39/3 sh = 53/11. 36/2 ¢ Indianapolis 48/8 Sth Philadelp!
23/-5 sn 31/0 26/-3 sn Jacksonville 64/17 48/8 Phoenix CROOKED
50/10 pe 58/14 38/3 4+ Kansas City... 52/11. 29/. 3 Pittsburg! RAGGED ISLAND
31/0 s 55/12 31/0 pce Las Vegas 67/19 46/7 68/20 45/7 Portland, OR High: 80° F/27°C
32/0 s 50/10 34/1. pe Little Rock 2 64/17 42/5 E 56/13 = 35/- Raleigh- le Low:61°F/16°C
36/2 $s 48/8 35/1 pc Los Angeles 66/18 54/12 70/21 54/12 St. Louis :
30/-1 sf. 39/3 28/-2 sf Louisville 54/12 37/2. 9 32/0 i
46/7 s 66/18 46/7 + Memphis 64/17 45/7 58/14 35/1 High: 84°
29/-1 pe 39/3 27/-2> pe Miami 76/24 58/14 (718/25 63/7 : fae
31/0 pc 40/4 30/-1_ sf Minneapolis =». 38/3 23/-5 36/2 22/-5 7
44/6 c 57/13 39/3 -sh- ‘Nashville 60/15 39/3 52/14. 382i
20/-6 c¢ 48/8 26/-3 ¢ New Orleans 73/22 61/16 73/22 53/11
30/-1- pc 41/5 28/-2 sf ‘New York ° 48/8 39/ 51/10 40/4 pe 2/
69/20 pc 82/27 69/20 c Oklahoma City 60/15 38/3 53/11 36/2 68/20 68/20 42/5
“60/5 t 67/19 50/10" sh Orlando 72122 43/6 s" 74/23 58/14 s” Washington, DC 50/10 35/1 s 52/11 35/1



GREAT INAGUA

MAYAGUANA
Mio 84°F /29°C







F/29°C
F/20°C



Moonrise. ....
Moonset

Full



Dec. 12

Last

Dec. 19

6:35 a.m.
5:11 p.m.



THE TRIBUNE THURSDAY NOVEMBER be ms

RANCE MANAGEMENT

5) LIMITED. INSURANCE BROKERS & AGENTS






WATER TEMPS.



VISIBILITY



WAVES












Low W High =Low W WASSAU Today: W at 5-10 Knots 2-3 Feet 10-20 Miles 80° F

FC FC FIC. Friday: NNE at 15-25 Knots 4-6 Feet 10-20 Miles 80° F

31 7222 s 88/31 72/22 S$ FREEPORT Today: NW at 8-16 Knots 3-4 Feet 10-20 Miles 80° F

41/5 sh 43/6 39/3 c . Friday: NNE at 15-25 Knots 4-6 Feet 10-20 Miles 80° F

8206 45/7 271-2 pc = ABACO ‘Today: NW at 8-16 Knots 3-4 Feet 10-20 Miles 80° F

S10 pe 59/15 52/11 c Frida NNE at 15-25 Knots 4-6 Feet 10-20 Miles 80° F
CONS s 70/21 “S915



66/18 ‘pe 87/30 66/18 s
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Barcelona

Beijing





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EXNY Showers ae
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[6°47] Rain Fronts
* i ‘ od =="
Eines Shown are noon positions of weather systems and —
nbul PE 2*] Snow precipitation. Temperature bands are highs for the day. wenn ee
Jerusalem [y_y] Ice Forecast high/low temperatures are for selected cities. Stationary SS

Johannes!
Kingston



“ANE INSURANCE |



asy knowing that you
insurance cove rage
r Shieh way the wind blows.
“Nobody does it better.







I) INSURANCE MANAGEMENT |

(BAHAMAS) LIMITED. INSURANCE BROKERS & AGENTS

ya 10a 8a) oe A NeW. ane [Grant Bchome { — Aboco =f Eleuthern «=f Exum
Winnipeg 320 19-7 sf 30/1 16/8 pe (ans wa 20 37400 14D S00 | (4 3604

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storms, r-rain, sf-snow flurries, sn-snow, i-ice, Prcp-precipitation, Tr-trace




nae





PAGE 16B, THURSDAY, NOVEMBER 27, 2008

EUS ass

THE TRIBUNE



Regulator lauds Bahamas First

BAHAMAS First General Insurance
(BFG) Company has been lauded by the
industry’s regulator for being “by far the
leading general insurer in the Bahamas,
which recorded gross premiums of $104
million in 2007”.

Lennox McCartney, the Registrar of
Insurance, was speaking as Bahamas First
hosted a reception at its Collins Avenue
headquarters to mark 25 years of innovative
service to this country. Zhivargo Laing,
minister of state for finance, was keynote
speaker.

During the evening, Bahamas First was
lauded by the Registrar of Insurance
Lennox Mc Cartney as “by far the leading
general insurer in the Bahamas, which
recorded gross premiums of 104 million in
2007

Patrick Ward, Bahamas First’s president
and chief executive, welcomed to the event
a number of persons who were being recog-
nised for their contribution’s to the com-
pany’s growth. They included Carleton W.
Williams, former chairman of Bahamas
First Holdings; Robert Inksater, director
and former reinsurance broker; Joe O’Con-
nell, reinsurance broker; Anthony Walk-
er, former managing director of Bahamas
First General Insurance, and Stephen Allen,
reinsurance broker.



BAHAMAS First General Group vice-president
John Dunkley (right) congratulates reinsurance
broker Stephen Allen, who was one of several
persons honoured at the Bahamas First 25th
anniversary celebrations.

(TOP RIGHT) —--R: Valarie Darville, chief finan-

- cial officer, Bahamas First; Deborah McKinney,

IT Group Manager.; Carleton Williams, former
chairman, Bahamas First; Patrick Ward, president
chief executive, Bahamas First Group; Annette
McSweeney, administrative assistant to the pres-
ident; lan Fair, chairman, Bahamas First Group;
Pamela Stuart, former director; Bahamas First,
and Pauline Ward, senior vice-president for
‘underwriting and reinsurance.

YOU MIWA WHERE TO Go.

SALT & SRR ATR EOE

Available at tall co) ne





ee

a Sash See ee ee a he ae ea ee ATG |



& Spirits Retail Locations Nationwide
www.bristolbahamas.com Tel 242-341-9300



Mr Laing said: “I am thankful for the
invitation tonight to share in this 25th
anniversary celebration, especially given

_ the climate in which we find ourselves.

There are some companies tonight, some
very large, significant companies around
the world, who only four or five months
ago may have been celebrating but are
unable to do so.

“So, I want to congratulate Bahamas First
on this historic achievement. Within the
financial services sector, insurance has cer-
tainly played a significant role and there is
no question that Bahamas First stands out
as a leader, particularly in the area of gen-
eral insurance.”

Mr Laing added that the Bahamas had
been through worse economic periods and
had survived, and the country was equal to
the present challenge.

“Whether in the way of impact on
tourism, employment, the fiscal situation
of the country, we have had periods that
have been significantly worse,” Mr Laing
said. “We are convinced that notwith-
standing the: times in which we find our-
selves, this economic challenge that is facing
countries across the globe, that the Com-
monwealth of the Bahamas will not only
survive this period, but come out of it and
excel thereafter.”



oe P= prone



Large wholesale compally Is Otfice fora

Ne ati Ol yy an



to manage eday oe operations.

Serious inquiries only please send resume
detailing qualifications, experience, and
work history to P.O. Box N-4401

Attention: Mr. Lightbourne.
or Mr. Sawyer








Ta
i 4 *

rh
1 patenadod C8 o

celebratin

1983 aoe a










Sprit and enter the
Ji ingle ( Con npetition!

cky artists will win
ih 500.00 ©

Competition

Dates and Deadlina

Nev sth Oe ii] 2008



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7









Ons Ul CE EE







BIG SAVINGS
UP TO 25%o Off

On Select

SALE ENDS DECEMBER 31, 2008
SALE ON CURRENT INVENTORY ONLY, WHILE SUPPLIES LAST

Lightbourne Marine
East Bay Street, Nassau
242-393-5285



Full Text
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FRU IT & NUT

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a, The Tribune

Pm towin’ it



ad









Volume: 105 No.6

PLAY THE

CLUES IN TRIBUNE

68F
ABUNDANT x |
|

0,0)





BAHAMAS EDITION

THURSDAY, NOVEMBER 27, 2008

~ lestroyed in ‘arson’ attack

Woman in task force

investigating corruption
loses house



i By MEGAN REYNOLDS

_ Tribune Staff Reporter

A CUSTOMS officer at the
forefront of a task force inves-
tigating corruption lost her


















PCTS

Says lawsuit ‘totally |

without merit’

THE Bank of the
Bahamas yesterday dis-
misseda lawsuit filed against
the financial institute as
“totally without merit.”

The bank is being sued
by‘a broker for more: than
$200,000, funds that are
alleged to be “missing.”

In an originating sum-
mons filed last week in the

_ Supreme Court, Bank of the
Bahamas Limited and Dar-
rel Bartlett are named as
first and second defendants
in an action taken by True

SEE page 14

in fire

house in a fire ignited in.a sus-

pected arson attack yesterday...
Roslyn Ritchie and hér team

believe the attack was directed
at her because she has been

prominent in the effort to root —

out corruption in the customs
department and prevent tax
fraud.

Neighbours claim to have
seen a red car pass the house
Mts Ritchie shares with her hus-
band and three children in Sea
Link Drive, off East Street
South, at around 1pm. They
alleged within minutes the

house burst into flames.

Mrs Ritchie wept as firefight-
ers continued working to extin-
guish the blaze, which had
reduced the house to a smoul-
dering shell four hours after it
had started.

She said: “I built this house

brick by brick. Our house was a
labour of love and now it’s gone
because people don’t want to
be honest and they don’t want

SEE page 16

_ PLEASE NOTE that, due
‘to the Thanksgiving holiday
_in the US, there will be no
USA Today section i in may $
; Pobre an :



STA teanet sya

aorta) ft ad



A FIREFIGHTER stands in what's left of Customs officer Roslyn

Ritchie’s home yesterday.

-Paul Moss ‘one step closer’
to representing St Cecilia

fH By PAUL G TURNQUEST
Tribune Staff Reporter
pturnquest@tribunemedia.net

HAVING won a position on

the PLP’s National General
Council, attorney and local
activist Paul Moss said he is one
step closer to representing St
Cecilia whenever the next gen-
eral election is called.
Officially joining the party in
June last year, Mr Moss has

spent a substantial amount of,

time, money and energy in the
St Cecilia constituency.
“This is a labour of love, and



that is what is required. You
have to understand that the pol-
itics of the Bahamas has
changed, and it has been accel-
erated by the many thousands
of Bahamians who observed the
primaries of the US elections.
“T think Bahamians now
understand that when people

come to them they cannot be

any longer that you are coming
singing the same song; you have
to bring a message that touches
or concerns the people so that
they can understand the direc-

SEE page 14



ne TRIBUNE



P.O.Box N3723
Tel:326-1875



Union president ©
ae BTC workers

planning t

By CHESTER ROBARDS
Tribune Staff Reporter



PRESIDENT of the
‘Bahamas Telecommunications
and Public Workers Union
denied claims yesterday that
BTC workers planned to

-demonstrate to protest the sus-

pensions of 47 of their col-
leagues.
BCPOU President Robert

0 protest

Farquharson, though, ahined
yesterday that the union plans
to file a trade dispute against
the corporation.
' However, he:said, protests
may occur as the union goes
through the process of ques-
tioning BTC’s right to conduct
the suspensions and pay cuts;
in accordance with the indus-

SEE page 16

Labour Dept moving to ensure .,
jobs are offered to unemployed.
Bahamians before foreigners

@ By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

THE Department of Labour is taking
increased measures to ensure jobs offered to
foreign nationals who require work permits
are first offered to unemployed Bahamians,
Minister of Labour Dion Foulkes said yester-

day.
SEE page 14

Diet panes



— Glaim that the PLP is struggling to control —
supporters’ resentment towards party leaders

By PAULG
TURNQUEST
Tribune Staff Reporter
pturnquest@tribunemedia.net

‘THE PLP is struggling to
control growing resentment
supporters are expressing
towards its leaders for their
alleged “laid back approach”
in combating government

THE WINTER ‘edition of
Passport to Paradise magazine,
which is part of USAToday’s

international edition, will be pub- |

lished tomorrow.

both inside and outside the
House of Assembly.
Yesterday, party supporter
Omar Archer hit out at the
Opposition’s leader of busi-
ness in the House, Dr Bernard
Nottage in a series of e-mails
copied to the party’s higher

SEE page 23



The magazine has grown to 52 [a

pages packed with diverse fea-
tures, including tips for festive
shopping in. Nassau, recipes for
local cocktails, a history of
Junkanoo, what’s hot and what’s
not and much more.

Also, cover girl Rachael Carr
talks about her love for the

_ Bahamas and being a body dou-

ble.to stars such as Kylie Minogue

__ Pl (242) 225-2576

p. feat Shred eutt ot Andras Running) §
alan: jarsgnsScoratvenvy,



and Christina Aguilera!
Passport to Paradise will be
included in the USATODAY
newspaper that is distributed
room-to-room at Atlantis, Ocean
Club, Comfort Suites, Sandals,

-the Hilton, the Sheraton and

major hotels this weekend and
every weekend through January.






PAGE 2, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE



Mn in
Oln brief



Bal for man accused of killing his brother

A MAN accused of killing his brother last week has been
granted $10,000 bail.
Jermaine Francis, 29, of Wilson Tract appeared in Magistrate’s

Court last Tuesday charged with manslaughter in the stabbing |

death of his brother, 25-year-old Tamarl Johnson.

Francis appeared before Magistrate Guillimina Archer at
Court 10 in. Nassau Street on Tuesday, where he was granted

$10,000 bail with two sureties.
Francis is being represented by attorney memodn Farquharson.
The case has been adjourned to February 17, 2009.

@ EMBASSY CLOSURE ;
IN OBSERVANCE of the Thanksgiving Day Holiday, the
United States Embassy will be closed today.

The Embassy will resume normal business operations i

on Friday, November 28 at 8am.

@ EX-WIFE OF POLICE OFFICER JAILED FOR 14 DAYS

A JUDGE yesterday ordered that the ex-wife of a police offi-

cer be imprisoned for 14 days.

After hearing the evidence submitted by Chief Inspector i
Justice Stephen Issacs. ordered: :
Denice Simmons - the chief inspector’s former wife — to spend 14 :

Robert Simmons,
days in Her Majesty’s Prison for contempt of court.

Mrs Simmon’s two week sentence will begin on December =
2008.

Best Price!!! Best Quality!





A state-of-the-art storage and logistics centre-in the heart of New Providence, the Bahamas
Logistic Certre is a purpose built 160,000 square foot facility designed to meet the demanels of
. todan/s business. Designed with the front-to-rear concept, the Centre provides. the. ideal solution
for off-loading and distribution actities with the greatest logistical efficiency.

Professionally constructed to withstand external elements including hurricane force winds and
floading, the Centre is built to be low maintenance and energy efficient, with 24-hour security and
surveillarice, which also makes tt ideal as a disaster recovery factlity Bahamas Logistic Centre Is
offering 52 urits to operators seeking efficient logistical services, 8 secure storage and a strategic,

CENTRE

Tribune and Guardian
embracing digital era

LEADING Bahamian dailies
The Nassau Guardian and The
Tribune are putting new empha-
sis on digital media develop-
ment. The Nassau Guardian’s
current website is undergoing a
complete overhaul and The Tri-
bune will soon be available
online for the first time.

“Both of these newspapers
have been providing the
Bahamian public with the infor-
mation and news they need for
more than 100 years, but it is
clear that to maintain our lead-
ing edge, we must take this
step,” said Eileen Carron, Pub-
lisher of the Joint Operating
Agreement between The Nas-
sau Guardian and The Tribune.

Bahamian journalist Jessica
Robertson has been brought on
board to steer the Group’s dig-
ital media projects. As online

‘editor, she is working on the

development of the newspaper



JESSICA ROBERTSON has been
brought on board to steer the
Group's digital media projects.

websites and will be working

with journalists at both papers
to generate multimedia projects
for their respective websites.

_ Ms Robertson Has a Masters
degree in International Jour-
nalism from City University in
London and has worked locally
in print, radio and television
news and with international
media organisations, including
The Associated Press, the BBC
and CNN. She also brings six
years experience in the Bahami-
an marketing and public rela-
tions industry.

The Nassau Guardian has had -

_ aweb presence since 2004, but

the new site will provide its vast

local and international audience

with enhanced content and

‘improved navigation.

“No Bahamian media organ-
isation has truly harnessed the
potential ofthe internet, so it
is exciting to explore “the options
we have for the new site.

“We have analysed the sta-
tistics for our current site

(www.thenassauguardian.com)

and that gives us indisputable .

evidence that there is a high
demand for Bahamian news
and information in this format,”
said Anthony Ferguson, Presi-
dent of The Nassau Guardian.
In- addition to providing new
content presented in different
ways, the sites will incorporate
some revolutionary tools adver-
tisers will be able to use in order
to reach their target audience.
Digital media development is

‘a key area where the two news-

papers have been able to realise
efficiency and.economies: of
scale offered by the Joint Oper-
ating Agreement while main-
taining the same editorial inde-
pendence the newspapers have
had since they joined forces in

2007."

The high tech websites are
currently under construction

_ and the group is anticipating an

early 2009 launch date.

Nassau set for Thanksgiving monn ng us |

THE city of Nassau will.be decorated
with festive lights and echo with seasonal
sounds as tourism and city officials present
the Thanksgiving and Christmas festivals

for residents and visitors over the next'sev-_

eral weeks.

The Downtown Thanksgiving Festival is
scheduled for November 27-29 and the
-Christinas Festival will run from Decem-
ber 2-24.

“The objective of the festivale is to pro- «

vide a number of quality and exciting cul-
tural, events .and:activities for visitors and

locals alike during this important season.

-and increase direct visitor expenditure,”

said Christine Ferguson, the senior man-°
ager organising events on behalf of the Min-

istry of Tourism and Aviation. .
“Visitors can look forward to a fun-

packed programme of activities and events

giving them a chance to experience the sea-

son in a relaxed, happy and safe environ- -

ment.”

Organisers have called on a variety of
entertainers and special service providers to
complement the holiday shopping of down-
town Nassau. Activities in Rawson Square
and other designated areas will include rake
*n scrape sessions; junkanoo rushes, carol-

ing, sutrey rides, authentic Bahamian craft -

displays and sales, and performances by the
Royal Bahamas Police Force and Royal

centrally located distribution base,

for more information call 327-8681, fax 327-8214, e-mail info@ bah amaslogistic.com or

visit www.bahamaslogistic.com.





Bahamas Defence Force Bands.

The Thanksgiving Festival. will bring a
distinct décor to the downtown area as Bay
Street will be adorned with a mixture of
traditional North American trappings and
Bahamian harvest ornaments. ‘The Thanks-
giving Festival will also bring a Farmer’ s

- Market to Rawson Square.

Immediately afterward, the downtown

- district will be transformed with Christmas

paraphernalia and events. The national tree-
lighting ceremony will set the Christmas

other parts ‘of New Providence and the
Family Islands:

Other Christmas Festival events include
the Student Christmas Carol Competition.
Choirs, soloists and small groups will pre-
sent Christmas carols in the form of a com-
petition and against the backdrop of a mini
fair on Thursday, December 4 on the lawn
of Collins House, the National Museum, at

‘ 7pm.

Christmas Holiday Open House will be
held on December 13 at the Balcony House
Museum on Market Street from noon to
8pm.

‘Readings and music for the season; food
and crafts will be presented at the historic
building.

Call



‘No official word on

“outcome of customs
investigation —

_ THERE is still no official word from
the Department of Customs on the out-
come of an investigation into a high-

evaded paying customs duties on goods
shipped to Nassau in his name.
A little over a week ago, Comptroller

_ of Customs Anthony Adderley said the

‘Festival in-motion on: December 2iat ||
7.30pm. The event will be: held in‘Rawson‘
~ Square. Similar ceremonies:will be held-in-}- -

‘ (the customs officer) to be off the job.""
Attempts were made to contact Mr

VALID DEC 1 - 14, 2008 WITH ALAMO RENT-A-CAR

3 DAY/2 NIGHT PACKAGES TO
_ MIAMI FROM $389

INCLUDES Al

ALL TAXES & FEES INCLUDED

393-6900 OR visit www.destinations.com.bs

investigation was to conclude on Novem-
ber 17 and if the officer was found cul-
pable, the matter would be forwarded to
the Public Service Commission.

However, subsequent attempts to
secure comment from Mr Adderley on
the findings of the probe proved fruitless
as multiple calls to him over the last
- week have not been returned. .

One entrepreneur who contacted The
Tribune claimed he was "furious" to see
the officer on duty, with a weapon, and
not,on desk- -duty, wag cleared of the
> charges; °



tanking customs officer. who allegedly ©

. In, early. October, ‘Assistant Comp-

‘troller Clifford Ferguson said the officer
in question was restricted to desk duty
pending the outcome of the probe.

But in a recent interview, Comptroller
Adderley said there "was no need for

Ferguson, but he was said to be on vaca-
tion.

The officer came under investigation
in September for allegedly "abusing"
his authority by trying to evade duties on
goods shipped in his name.

He allegedly demanded that a ship-
_ ping agent delete his name from a cargo
* manifest.







CAR & HOTEL

j


THE TRIBUNE

THURSDAY, NOVEMBER 27, 2008, PAGE 3





In brief

Man in court
on attempted

murder charge

A 31-YEAR-OLD man was

arraigned in a Magistrate’s Court ;
yesterday on an attempted murder :

charge.

Dion Alvin Brown of Fawkes }
Court was arraigned before Magis- :
trate Derrence Rolle in Court Five :

in Bank Lane.

According to court dockets, it is
alleged that on Wednesday, ;
November 19, Brown attempted to ;

cause the death of Codero Rolle.

It was also alleged that on the
same day, Brown was in possession :
of a handgun with intent to endan- ;

ger Rolle’s life.

Brown, who was represented by
lawyer Milton Cox, was not:

required to plead to the charges.

The prosecution objected to }
Brown being granted bail, telling :
the court that the accused is await- :
ing a retrial on charges of murder :

and attempted murder.

Mr Cox contended, however, :
that his client had no cases pending :
against him. Brown was remand- }
ed in custody and is expected back }

in court on November 28.

@ TWO men and a woman, }
charged with possession of $22,000 :
worth of marijuana, were arraigned : °
in a Magistrate’s Court yesterday. ;

_Tamaico Oneil Wallace, alias :
Temeco Oran Wallace, 23; LeVar }
Kenran Boyd, 18, of Hutchenson }
Street and Samantha Zelaya, 22, :
of Miami, Florida, were arraigned :
before Magistrate Carolita Bethel :
in Court Eight, Bank Lane yester- }
day on the charge of possession of :

marijuana with intent to supply.

According to the prosecution, }
the accused were allegedly found in :
possession of 22 pounds of mari- :

juana.

changed his plea to guilty.

The accused were remanded to
Her Majesty’s Prison and the case }
was adjourned to December S for a :

bail hearing. ;

Six crime Bills

passed in Senate

THE Senate passed six crime :

Bills in the upper chamber yes-
terday, .
“After a full day of debate,

Senators passed. the Trafficking : i
in Human Persons and Sup- :
pression Act; An Act to Amend i
the Sexual Offences and Domes- :
tic Violence Act and for Inci- :
dental Matters; An Act to Pro- }
vide for the Establishment of a }
‘System of Plea Discussions; An :
Act to Amend the Mental
Health Act; Afn Act to Amend }
the Penal Code; and An Act to:
Amend the Criminal Procedure :

Code.

The passage of these bills into :
law are evidence of the govern- :
ment's "ongoing and continuing :
effort to fight against crime and }
our attempt to make more effi-:;
cient and cost effective the fight :
against criminal activity," Attor-
ney General Michael Barnett :
said yesterday as he introduced }

the Bills.

The new laws allow, in part, :
for the implementation of elec- }
tronic monitoring as an alterna- :
tive to imprisonment in some :
cases, or for the surveillance of a }
convict for a period of time after :
release from prison, as a way to }

alleviate prison overcrowding.

Under the new laws, a provi- }
sion for a sexual offenders reg- :
istry and a system of plea bar- }
gaining will also be established. :

BEC says broken
cable led to.
power outage

OFFICIALS from BEC :}
claim a broken cable led to the :
power outage that affected :
more than 200 residents in }
eastern New Providence yes i

’ terday morning.

According to BEC deputy :
general manager Anthony }
Forbes, at around 9.35am dur- :
ing the replacement of an elec- :
tricity pole on the Eastern :
Road by BEC workers, a pow- }
er cable was accidentally dam- }

aged.

rounding area.

Mr Forbes said power was }
eventually restored at around :

12.45pm.

He apologised for the incon-

venience to the public.

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Boyd and Zelaya pleaded not }
guilty to the.charge. Wallace ini- ;
tially pleaded guilty to the charge, :
claiming that he had the drugs to :
smoke, however, Magistrate Bethel :
did not accept his explanation and :

Mr Forbes explains that this :
resulted in a power cut affect- :
ing dozens of houses on the :
Eastern Road and in the sur- :

Senate passes human
trafficking Bill, electronic
monitoring amendment

@ By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

THE Senate passed govern-

‘ ment's Bill to prevent and sup-

press human trafficking and an
amendment to the penal code
that allows electronic monitor-
ing and creation of the Accesso-
ry after the Fact offence.

While giving their support to
both Bills, some opposition sen-
ators questioned the viability and
sustainability of electronic mon-
itoring due to the fact that it
would be powered by the
Bahamas Electricity Corporation,
which is notorious for frequent
power outages.

Opposition senators also point-
ed out that the type of electronic
monitoring and the specific cost
of implementation of the pro-
gramme were absent from the
Bill.

‘Session |

During the morning session of
the upper chamber, Attorney
General and Minister of Legal
Affairs Michael Barnett moved
two bills: An Act to Facilitate the
Bahamas Fulfilling Obligations
Under the United Nations Pro-
tocol Respecting the Trafficking
in Persofis and to Provide Com-
prehensive Measures to Combat

That Activity; and An Act to’

Amend the Penal Code, which
includes the provision of. elec-
tronic monitoring and establish-

ing the offence of Accessory after
the Fact.

The first Bill would find "any-
one who engages in or conspires
to engage in or attempts to
engage in or assist or otherwise
facilitate another to engage in
trafficking in persons" liable to
conviction in the Supreme Court
and a prison term of not less than
five years and a maximum term
of life.

The Act also provides for the
forfeiture of the assets of a per-
son convicted of the crime of traf-
ficking, if the assets were used
or intended to be used in or
obtained from the proceeds of a
crime. It provides for the com-
pensation to persons who are vic-
tims of human trafficking and
contains provisions for providing
assistance and protection to vic-
tims of trafficking.

"Because of its proximity to
the US and the archipelagic
nature of the country, the
Bahamas is particularly vulner-
able as a venue for the trafficking
of humans. This has been
described as the second largest
criminal enterprise in the world.
Its perpetrators are ruthless and
they have no respect for the dig-
nity of the person or the value
of human life. It is imperative
therefore that we provide a rea-
sonable degree of safety for those
persons including the ability for
the proceedings to be in camera
where the victim is a child, been
traumatised, or was a victim of
sexual abuse," said Mr Barnett.

The Bill facilitates the coun-

try's obligations under the Unit-
ed Nations protocol concerning
the trafficking of persons, and
provides comprehensive mea-
sures to combat that activity.
Under the Penal Code
Amendment, when a person is
convicted of an offence where he
is liable for up to three years
imprisonment or more, a court
may require that person be
supervised for up to five years
after release, or part of the time
be spent outside prison, but sub-
ject to electronic monitoring by
police.

Judge

If someone is convicted of an

. offence liable to less than three

years imprisonment, a judge can
order electronic monitoring
instead of incarceration. The Bill
also gives a judge this option as a

condition for granting bail to cer- |

tain persons charged with an
offence punishable by three or
more years.

"The far reaching conse-

quences of this Bill cannot be -

underestimated. Fox Hill Prison
is overcrowded and the society
may be better served if some of
its inmates were released from
prison but are restricted in their

-liberty. In some.cases, the society

will be better served if some per-
sons convicted of offences are
not sent to Fox Hill Prison, but
nonetheless have their liberty
restricted in some meaningful
fashion," Mr BETHEL said.

Energy efficient lightbulb | can
cut consumer bills in half?

@ By LLOYD ALLEN
. Tribune Staff Reporter

WITH many Bahamians having to deal with
exorbitant electricity, bills over the past few
months, a local company claims that the intro-
duction of an energy efficient lightbulb can cut
consumer bills in half, and can save BEC millions

in annual oil imports.

: Elton Smith of the Wind, Sun, Water (WSW),
+4.~Company told The Tribune yesterday that his com- ;

pany ‘with Canadian: based,Nouvel: ID; have been:::
» .approved by, BEC to test energy efficient. street .
‘lights over the next three months.” . |.

Mr Smith said that the Light Emitted Diode -
(LED) mask heads that are being tested use half as
much energy and cover a wider area than the high
pressured sodium (HPS) bulbs currently in use.

He said. HPS bulbs use between 150 to 450 watts

of power a night.

However, the LED bulbs require only 128 watts,

and can last up to 17 years.

The tests, which are being conducted in the
areas of Baillou Hill Road, Tucker Road and
Goodman’s Bay, involve three lights in each loca-
tion, which will be periodically monitored by BEC’

and WSW representatives.

In addition to the energy efficient technology
being introduced, Mr Smith noted that “a project
of this size can possibly provide a considerable

number of jobs in the Bahamas.”

With WSW being one of the more than 30 com-.
panies bidding for an alternative energy contract
with BEC, Mr Smith said that if his company is
successful, there would be a need for engineers,
electricians, and field monitors to maintain future
facilities in New Providence and the Family ©

Islands.

Vice president of the technologies, Norman
Poliquim, said the system that is being proposed
has only recently. become available. The Bahamas
is only the second country in the hemisphere, after

Canada, to try it.

Mr Poliquim added that based on current rates
issued by BEC, the incorporation of a similar bulb

AS
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PAGE 4, THURSDAY, NOVEMBER 27, 2008

EDITORIAL/LETTERS TO THE EDITOR

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.) LL.D., D.Litt. ,

_Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

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

More than a ‘financial crisis’ — it’s a depression

WASHINGTON — Few prominent
economists will say it, but to me it looks
and feels like we are in another Great
Depression or a reasonable facsimile.

The current meltdown is dubbed a
“financial crisis.” But a rose by any other
name would still inflict the same hardship
and suffering on most people and busi-
nesses.

Clearly, the lessons have not been
learned from the Herbert Hoover era.
Nobel Prize-winning economist Paul Krug-
man, a columnist for The New York Times,
says the current banking crisis is “func-
tionally similar to that of the Great Depres-

“Many of the symptoms” are the same,
including the impotence of monetary poli-
cy — like cuts in interest rates — that has
not halted the economic downturn.

Typically, the current Republican admin-
istration has acted first to bail out the col-
lapsed financial industry, with few strings

attached. Belatedly, the government now -

-has come up with an $800 billion pro-
gramme for hard-pressed average Ameri-
cans to make it easier to get loans for

homes, cars and education or borrow .

through credit cards.

The moves evoke the old quip on Capi-
tol Hill: “A billion here and a billion there
and pretty soon you are talking about real
money.’

The big three auto-makers — on the

verge of collapse — won little or no sym-_

pathy from the. nation’s lawmakers in a
recent appearance before Congress. They.
wil. be: back again next week to make their
appeal along with some representatives of
the United Auto Workers union.
Thousands of workers.at auto-assembly
plants in Michigan and at car-parts suppli-

ers in the Midwest are losing their jobs. -
No one is predicting a quick turn around:

from Detroit’s 9 per cent unemployment
rate.

Former Energy Secretary Spencer Abra-
ham, a former Republican senator from
Michigan, said in a New York Times opin-

ion column that allowing the auto industry.’

to go into bankruptcy would be a “disas-
trous course.”
Thousands of Americans would be



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forced on “the rolls of Medicare and Med-

icaid, costing billions of dollars,” he said.

President-elect Barack Obama has
promised a “strong Wall Street and a
strong Main Street” if his multi-billion-dol-
lar stimulus package is adopted after he
takes office on Jan. 20. In a radio address
Saturday he promised the creation of 2.5
million new jobs, following Franklin D.
Roosevelt’s recovery blueprint for needed
public works projects.

After speaking by phone to President
Bush on Monday, Obama told a news con-
ference: “We have to do everything we
can to keep.the financial industry work-
ing.”

He also named his economic policy team,
many of them familiar from the Clinton
era, which prompts the question: Where
is the change that Obama promised in his
presidential campaign?

It’s all going to get worse, according to
the experts. We have had recessions before
but nothing like'this, with massive layoffs,
hundreds of foreclosures, retail stores clos-
ing, stock market losses, and widespread
fears about the future.

I grant you I have yet to see former
wealthy men selling apples on the street
corner as I did during the Great Depression
in the early 1930s but the current uncer-
tainty is cause for worry.

And the outlook for a return of con-
sumer trust in the market is bleak at this
time.

Obama told reporters: “The truth is, we
don’t have a minute to waste.

“With our economy in distress, we can-
not hesitate and we cannot delay.

“Our families cannot keep on waiting
and hoping for a solution.”

Obama will have the customary honey-

moon and some political running room, at ©

least at the start.

But he has to move fast to restore confi-
dence in the market place and trust in the
banking system.

His heady presidential campaign is over

_ but prosperity is not just around the corner.

(This article was written by Helen Thomas

¢.2008 Hearst Newspapers).
















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America must
be restored
as quickly as
possible

EDITOR, The Tribune.

I believe what is to be will be. It

_ is time for a change and we must

thank outgoing President George
Bush for helping to bring about
the change.

America was the world’s lead-
ing country and President Bush
wants to keep it that way. He
worked very hard, but he went
about it in a very bullish manner
and lost badly.

Because of his attitude, this
once great nation is nearing the
bottom of the pit.

Someone had to rise up and

move quickly to save what was °

known as the world’s greatest
nation; that person seemingly is
Barack Obama who already has
shown incredible leadership capa-
ble of bringing together the peo-
ples of the world, and loved by






Dawes

letters@tribunemedia.net

all. He is very young, cool, calm
and collected and fearless; and
unafraid to reach out to leading
politicians on both sides of the
aisle, and say to the big boys of
America, come and let us reason
together.

America must:not fail and
therefore must be restored and
quickly so.

If President George Bush were

‘behaving in a more responsible

manner, the world perhaps prob-
ably would have had to wait
another 40 years for this historic
change that is long overdue.

Think about it, like I said,.

what’s to be will be. The Repub-
licans just could not get their act
together.

The brilliant Senator John
McCain, must have had a senior
moment when he dug up Gover-
nor Sarah Palin; oh yes, she has a
movie actress personality, and
good looking, but a whole lot of
people were whispering, “if
McCain dropped, will she be
capable of becoming the presi-
dent, of the United States.

Trust me, she needs eight
years.

Choosing Palin as his running
mate was a big mistake. She
would have been trampled. You

_ bet ya!

SYLVIA CRAWFORD
New Bight,

Cat Island,

November 24, 2008.

A Biblical story with
relevance to Bahamas

EDITOR The Tribune.

The Bible tells the story of a
very rich and powerful man who
had riches untold.

He had many sheep, and much
land and cattle, and whatsoever
else he wanted was his for the
taking.

The Bible also said he had a
fellow countryman with very
meager means which consisted of
one ewe lamb for his possession.

One day a stranger came to vis-
it the man of power, which called
for a celebration. Although his

’ stables were filled with many '

sheep, he saw his poor fellow
countryman with his one ewe
lamb and decided to use-his lamb
for the celebratory dinner. The
Bible says, in time another
stranger was in the company of
this rich and powerful man and
related the story about the man of
power who destroyed a poor fel-
low countryman taking all that
he had and leaving him to the
mercy of family and friends.

The man of power was so
indignant he blurted out: “That
man should be put to death”, to
which the stranger replied, “That
man is you.”

This story. today is being per-
petrated right here in the
Bahamas and has been ongoing
for many a year, it is now time to
bring it to a head. Yes a rich and

_ powerful man is destroying his

fellow countrymen right under
the watch of those who pride
themselves for having no victim-
isation while in office.

Yes, but there is victimisation
big time and it is time for it to be
stamped out once and for all
regardless of the governing party.

As real as the Biblical story,
the local players do have names

and faces and are alive and well
today.

Truth was the watchword of
yesteryear’s story, and truth is the
essence of today’s story.

STEPHEN HUMES
Nassau,
November 14, 2008.

Article on lawyers was interesting

EDITOR, The Tribune.

I read with interest in your article on lawyers in this country, of spe-
cial interest to me is Andrew Thompson. J am one of the contributors
to land in Abaco belonging to the Mounts Family, five members
together paid Mr Thompson $23,000 to work on the property five

years ago.

He claimed Commonwealth Bank settled with $350, 000 which we

never received.

Commonwealth claims it knows nothing about this transaction but
we are in possession of an affidavit, where this bank is supposed 'to have
given a mortgage to one of the persons who bought land from the
Mounts property in Abaco. There is much more to this story, right now
we are suffering because of the loss finances.

NO NAME
Nassau,
November 24, 2008.

An open letter to BEC’s CEO

‘EDITOR, The Tribune.

- THIS is an open letter to the CEO of Bahanias Electricity Corpo-

ration.

In October I used 2,084 kWh of electricity. The standard rate came
to $356.38, the fuel surcharge $443.48, 24 per cent more than the stan-

dard rate.

My question, Mr Basden, is why is the fuel surcharge still at 21
cents when the cost of oil has reduced from about $147 a barrel to less

than $50?

I understand the system of buying in bulk but I still ask the question

whether we are being ripped off.

How closely is the government monitoring the situation? =.

. GEORGE W PINDER
Treasure Cay,
Abaco,
November 24, 2008.

9 Market St. South e "P.O. ‘Box N-7984

ssau, Bahamas

Sandals Royal Bahamian Resort & Offshore Island

Invites application for the position of:

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THE TRIBUNE THURSDAY, NOVEMBER 27, 2008, PAGE 5

Bahamians turning to

soil amid rising costs
Local farmer says Bahamas —. . Pe
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MR STRACHAN (above right) ‘said that his farm has 156,000 pineapple plants, Manhane. goat peppers,
papaya, sugar-cane, bananas and peas, st to name a few.

@ By LLOYD ALLEN
Tribune Staff Reporter

AS THE cost of many bread-basket items con-
tinue to rise throughout the nation as a result of
the global economic downturn, a growing number of
Bahamians are turning to the soil.

Local farmer PA Strachan says that for the past 30
years, he has been tilling the soil of his 40-acre prop-
erty and has produced an abundance of fruits and
vegetables.

He said that although his farm began as a means
to provide. for his household, it has grown into a
lucrative business which now regularly supplies a
number of local food-stores,

Mr Strachan said that his farm has 156,000 pineap-

He explained that the Bahamas has all the
necessary elements for farming, and he feels the
country’s economic troubles would be less.dramat-
ic if people followed his advice and grew their own

‘food,

Peter Mousis is another local businessman and
farmer. He says his home garden, which was started
more than 20 years ago, has provided fruits and
vegetables for his family and business.

Owner and operator of the downtown eatery
Athena’s Café; Mr Mousis noted that the cost of util-
ities and supplies have forced more than 30’ down-
town establishments to close their doors within the
past 12 months. But he has managed to make it, as
his supply of free ingredients has saved him more
than $5,000 a year.

¢ Honda Accord

* Honda Civic

* Honda CRV

* Nissan Cefiro

* Nissan Sunny

« Mitsubishi Galant
* Toyota Avalon

* Toyota Camry

Over the past 12 months, the Ministry of Agri- :
* Toyota Corolla

ple plants, cabbage, goat peppers, papaya, sugar-
culture has reported, more than 500 Bahamians

cane, bananas and peas, just to name a few.- 9 Seater Toyota Reguis Vans

He also raises livestock, and the farm is now home

to pigs, sheep, goats and chickens.
“The work ain’t easy; every morning I get up at
- 5am to start working on my farm, and sometimes I
don’t finish until six in the evening, but it feels good

have registered as farmers. Many of these new farms
are attached to private homes.

The ministry has started a home garden initia-
tive intended to encourage more persons to grown
their own produce, and has reportedly received hun-

Starting at $11,900
Sample: Deposit of $2,900

* Toyota Lexus
* Toyota Noah
* Toyota Rav-4

¢ Toyota Regius
¢ Toyota Windom
and many more to choose from

to know that I am self sufficient,” said Mr Strachan. ~ dreds of applications.

Four in custody after marijuana fount

THREE men and one woman
were taken into police custody in
Andros following the discovery of
$4,000 worth of marijuana on
Tuesday.

Central Andros Police and offi-
cers of the Drug Enforcement
Unit (DEU) searched an apart-
ment in the settlement of Fresh

Creek at 9am on Tuesday and-

found four pounds of marijuana.

are expected to be transferred to
New Providence shortly.

@ POLICE on Monday found
an illegal firearm in an area off
Kemp Road.

Acting on a tip from a member
of the public, officers of the Cen-

‘tral’ Detective Unit (CDU)

searched a bushy area off Kemp
Road and found a 12 gauge shot-
gun with two live rounds of ammu-

STS ay TLS

FLIES, MOSQUITOES, TICKS & FLEAS

PHONE: 327-6464

orkers °

“INSURANCE INCLUDED

irae (242) 341-0449 - (242) 341-2249
FAX: (242) 361-1136

Visit our Website: www.autohl.com



fi U
WE SEND ‘EM PACKIN' 5)



The four suspects and the drugs _ nition. Investigations continue.

Bronze
Black

Payee PTY STs

aa 677 rat) Oo dia al ® re all

Rosetta St.


PAGE 6, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE



THANKSGIVING TALE TO INSPIRE

A major illness and big medical
ill thankful

TINT (ITs
justice over little
irl’s death ends in
RT ILI TUNICA

@ By NATARIO McKENZIE

AN aggrieved father's nearly three year wait for justice in
the tragic death of his six-year-old daughter has ended in bit-
ter disappointment.

For Marvin Mackey, the father of Faith Mackey who was
struck and killed by a jitney in March 2006, the punishment did
not fit the crime.

On Monday, Acting Supreme Court Justice Elliot Lockhart
fined jitney driver Julian King $7,500, payable by December
31.

If he fails to pay the fine he will have to serve a three year
prison sentence for manslaughter by negligence.

King had initially pleaded guilty to the charge at the start of
his trial last month.

The judge also suspended his public service driver's licence
and ordered that King submit to mandatory counselling.

"I'm glad it finally came to a head, it helps me with closure
in the matter but I don’t think that sentence was sufficient. I
don't think it was equal to the crime. It just hurts me all over
again because I don't feel there has been justice," Mr Mack-
ey told The Tribune.

"A life has been lost, you can't put a price on ‘it, no amount
of punishment can bring her back but she deserves more than
that," Mr Mackey said.

The father said he vainainbans the incident as if it hap-
pened yesterday and still carries the emotional scars.

"I'm still grieving over my daughter, my heart is still broken,
I still can't look at her picture," he said. “I sorely miss my
daughter.

“She was only six. She was like a spark full of life, energy and
promise. She was my only child so J cannot be satisfied with
what happened," Mr Mackey said. Faith, a student at
Carmichael Primary and her mother Fiona Edwards were
struck by a jitney when they got off another bus at the juncture
of Carmichael and Baillou Hill Roads.



















Share your news

The Tribune wants to hear -
from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.

If so, call us on 322-1986.
and share your story. _

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expenses —

Mother
‘remains
positive
during
health
ordeal

@ By ALEX MISSICK
Tribune Staff Reporter

An old Chinese proverb
states: “When eating bamboo
sprouts, remember the man
who planted them,” and on this
Thanksgiving day, Donyale
Bradshaw-Smith said although
her insurance ran out and she

still has hefty medical bills, she .

is giving thanks to God and all

those who stood by her during’

her illness.

Mrs Smith suddenly became
critically ill with a disease called
Hemolysis Elevated Liver
Enzymes Low Platelets
(HELLP) at the age of 36 fol-
lowing the birth of her fourth
child during an emergency C-
section in 2006.

‘“T remained listed in critical
condition for five months, lit-
erally fighting for my life, as the
surgical team of doctors, whom
I believed were ordained by

‘God to be there at that particu-

lar time just for me, worked
tirelessly and relentlessly, util-
ising every source of medical

knowledge and expertise avail-'

able to keep me alive,” Mrs
Smith said.

Mrs Smith explained that
during her time in hospital, she
suffered from renal, liver, lung
and pulmonary failure, sepsis
and numerous infections. As a

result of her complicated illness,












but st

PULLING TOGETHER: Donyale Toe Sas aaa im ane

there was a time when should
could not talk, eat or move her
arms and legs. The lengthy time
of immobility in the Intensive
Care Unit at the University of
Virginia Hospital, caused her
muscle tissue to waste away
resulting in her losing the nor-
mal use of her legs.

“To be honest it was not easy
and there were many days and
nights I cried and asked the
Lord ‘why did this happen to
me?’ However, with words of
encouragement from my hus-
band and four children, my
mom, dad, family and friends, I
am learning to be still and trust
God. I slowly but surely came to
the realisation that trials come
to make us stronger and draw
us closer to God and that in all
things we are to give God

thanks’ and praise,” Mrs Smith ©

said. Although she still needs
the support of a walker, Mrs
Smith is now driving and tak-
ing some steps unassisted.

She said that after months in

hospital and rehabilitation;she -

is here today and very grateful.

“My hospital bill is very high
and right now I do not have any
insurance because I exhausted

the first one I had. I have two -

other reconstructive surgeries
and I’m still doing therapy to
regain the use of my legs but
through God’s grace and mercy
I pulled through. I am here
today with a thankful heart for
my family, my husband of 19
years and friends who are here
to support me on my road to
recovery,” Mrs Smith said.
Mrs Smith’s mother, Rose
Bradshaw, said giving up on her

‘daughter was not an option. '

oI cd





“We were on the hospital’s
case day and night.

“They were ready to ‘pull the
plug’ but us being there showed
that we cared and that prompt-
ed-them-to-continue her-treat-
ment. We marvel at her steady
progress and her determination
to regain independence. Above
all else we marvel at and thank
God for His supernatural
favour toward Donyale and to
us as a family as he continues to
sustain us through ongoing dif-_
ficult times,” Mrs Bradshaw
said.

Mrs Smith’s family faces a

‘medical bill of more than $1.5

million. - -

The family said that persons
interested in making a contri-
bution to the Donyale Smith

‘Medical Expenses Fund | can

contact them.

PASTOR RANDOLPH CURTIS
i special guest speaker during.
the fifth annual Bain:& Grants
Town Senior Citizen Thanks-
giving Luncheon’ held at*St.
Agnes Hall on Tuesday,
November 25, 2008.

BIS photo/
_Letisha Henderson.

HAPPY HOLIDAYS!!

JOHN’S

SHOES AND ACCESSORIES
ROSETTA ST. 325-4944



sae igen ee me Sts sen Slepeew fs
THE TRIBUNE

THURSDAY, NOVEMBER 27, 2008, PAGE 7



Environment study on rock mining
company’s plans ‘to be made public’

@ By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - Minister of
Environment Earl Deveaux has
promised to make the environ-
mental impact assessment (EIA)
study concerning the proposed
expansion project by the Martin
Marietta eompany available for
public review.

While in Grand Bahama last
week, Minister Deveaux met with
residents of Eight Mile Rock to
hear their concerns regarding the
rock mining.company’s expan-
sion plans on land along side the
Warren J Levarity Highway.

Earthcare and the -Grand
Bahama Committee for Con-
cerned Residents are strongly
opposed to the project, and had
demanded that the EIA for the
proposed expansion be made
available to the public.

Minister Deveaux told resi-
dents that the EIA will be made
available online through the
BEST (Bahamas ‘Environment,
Science and Technology) Com-
mission website.

Gail Woon, founder of Earth-

care, said that international envi-
ronmental laws require that the
public has full access and input
into decisions which directly
- affect their lives.

“Bahamian stakeholders
should be guaranteed that every
environmental impact assessment
about projects that may affect
them or others should be auto-
matically made available for pub-
‘lic viewing. :

“The Bahamas must live up to
the global treaties and conven-
tions to which it has signed on
to,” Ms Woon said.

Martin Marietta - a rock min-



Earl Deveaux

ing company in Freeport - man-
ufacturers and exports aggregate
products. The company, which
conducts drillings and blasting at
its operation, is being blamed for
causing structural damage to
houses in the nearby Eight Mile
Rock settlement.

During a town meeting hosted
by Martin Marietta for its pro-
posed expansion project, resi-
dents expressed concerns about
further’ damage to homes in the
area, as well as to the environ-
ment, including damage to the
fresh water lens, mangroves, and
marine life. .

Minister Deveaux promised -

residents that before any permits
are granted, either he or his rep-
resentative will return to Eight
Mile Rock to Repete to the stake-
holders.

“Earthcare Beligves that itis a
glaring omission by this govern-
ment and previous administra-
tions to not have written legisla-
tion to oversee these very destruc-
tive operations already,” said Ms:
Woon.

“We, the stakeholders, have
been clear from the outset that

we do not want Martin Marietta
Bahama Rock to continue its
drilling and blasting in our back-
yard.

“If our government allows this
huge foreign owned company to
ravage the hopes and dreams of
the largest settlement in the
nation for the profit for the few at
the expense of the many, then
they deserve not to be voted back
in at the next election time,” she

said.

“Furthermore, the offer to pipe
in city water from Freeport to the
residents is a slap in the face to
homeowners in Eight Mile Rock.
There is no good reason for our
fresh water lens to be further
compromised by Martin Marietta
Bahama Rock or any other entity

currently carrying on business at ,

the harbour area.

“Fresh water is a right that we
are entitled to. We will not stand
for our natural rights to be
stomped upon,” she said.

Ms Woon’said that it is imper-
ative that the Bahamas conserve
all its fresh water tables.

“Tt is insane to compromise any
more of the island’s fresh water
resources,” she said.

Ms Woon said she is very
grateful that Minister Deveaux
took the time .to hear the con-
cerns of Eight Mile Rock resi-
dents.

“Earthcare and the Grand
Bahama Committee for Con-
cerned Residents are grateful that
the minister took time out of his
very hectit schedule to meet with
us and that he has promised to
have the EIA posted online, to
work on legislation to regulate
mining activities in the country,
and that he will send a represen-
tative to report back to us before
permits are granted,” she said.

Prison officer's go to Jamaica on staff exchange programme

A contingent of 13 officers of
Her Majesty’s Prison, led by
Chief Officer Charles Murphy,
travelled to Jamaica on Sunday
for a two-week staff exchange
programme.

While in Jamaica, the group
will have the opportunity to
observe the mode of operation
within the various facilities to
which they are assigned.

The group also will be able
to collect information and ideas

that may be worthy of imple-

& & 2 & & &

SSH SSS S SES OHO STSSSSEES

a
Q
a
oa
3
oO
<
m
<
m
n
°
gS
2
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2» <
mi
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E89G-E6E

mentation in the Bahamas.

Thirteen members of the
Jamaica Prison Service have
also been assigned to Her
Majesty’s Prison and were
scheduled to make a courtesy
call on Minister of National
Security Tommy Turnquest yes-
terday.

This training initiative is the
first official exchange of staff
between the Bahamas anda
regicnal counterpart. It is
geared towards exposing prison

LOCATION

-THE NEW WING
-@BUS STOP ENT

personnel to best practices in.

corrections, creating a stronger
bond between the services and
fostering greater networking
opportunities.

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PAGE 8, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE



















TEACHERS REAL ESTATE HOLDINGS LIMITED
NOTICE OF ANNUAL MEETING TO SHAREHOLDERS

TIME & DATE: Friday December 5, 2008 at 6:00 p.m.

PLACE: Teachers & Salaried Workers Co-operative Credit Union Head Office
East Street & Independence Drive.



(1) To announce the results of the examination of proxies; declare a
quorum present and proceed to business;

ITEMS OF
BUSINESS:

(2) To receive and approve the Minutes of the last Anni ial General
Meeting held on December 7, 2007.

(3) To receive and consider the Chairman's report:

(4) To receive and approve the financial statements and sl reports
of the Directors and Auditors thereon:

(5) To elect Directors for the ensuing year and fix their rernuneration;

(6) To approve the appointment of Deloitte & Touche as thie Auditor
of the Company, and authorise the alee to fix their
remuneration; and

| (7) To transact such other business as may properly come before the
meeting and any adjournment thereof.

RECORD
DATE:

Holders of 400,000 shares of record at the close of businesis on
October 22, 2008 are entitled to vote at the meeting.

FINANCIAL
STATEMENTS:
















































The Company's audited financial statements are included in the
Company's 2007 annual report, which is enclosed as part of the
proxy soliciting Tae

MAILING
DATE:

The Company wil cause the accompanying materials to be sloiered
on November 6, 2008 to the last registered address.

- {tis important that your shares be represented and voted at the
meeting. You can vote your shares by appaaring in person oi by
completing and returning the proxy form enclosed. You can revoke a
proxy at any time prior to its exercise at the meeting by follow ing the
instructions in the accompanying proxy statement, ,

- PROXY
VOTING:

By order of the Board of Directors:

October 9, 2008 Mrs. Chery! Bowe-Moss

Secretary

SHAREHOLDERS ARE INVITED TO VISIT THE WEBPAGE AT
WWW.TSWCCUL COM FOR ADDITIONAL INFORMATION (PROXY FORM
AND PROXY STATEMENT)

THANKSGIVING JEWELRY SALE
50% + 10% + 10% OFF 7
ONE DAY ONLY
THURSDAY NOVEMBER 27TH

Sku#
- 231746
241925
233656
242641
242927
229258
249286
242792
222250
242790

Sku#
222472
222074
232529
237881

NOW
$ 17.00
$ 25.00
$ 28.00
$ 41.00
$ 45.00
$ 62.00
. $65.00
$ 65.00
$ 81.00
$ 94.00

NOW
$ 41.00
$ 65.00
$ 203.00
$ 284.00

SKU#
233126
232945
233157
215796
233210
233067
2258
235891
236917
239298

SKU#
221360
206967
244336

WAS
$40.00
$ 60.00
$ 80.00
$ 100.00
$ 100.00
$ 140.00
$ 195.00
- $300.00
$ 380.00
$ 990.00
‘WAS
$ 180.00
$ 270.00
$ 350.00

NOW
$ 17.00
$ 25,00
$ 33.00
$41.00
$ 41.00
' $57.00
$ 78,00
1} 122.00
$f 153.00
$$ 400.00
Now
$ 73.00
$ 110.00
1 143.00

STERLING SILVER

3 pair earring set

Was
$ 40.00
$ 60.00
$70.00
$ 100.00
$ 110.00
$ 150.00
$ 160.00
$ 160.00
$ 200.00
$ 230,00

Was
. $ 100.00
$ 160.00
$ 500,00
$ 700.00

14kt GOLD

Lizard Style Earring

Dangle Earrings Whale Tail Earrings

Flower link Bracelet Enameled Sandal Pendant
Diamond set Cross
Cuff Bangle

| Diamond Set Pendant

Bracelet open circle link

Dolphin Pendant

Cross Earrings

Frog Pendant

Anchor Pendant
Open Heart Necklace

Round Snake Chain

Spiral Bracelet

GEMSTONES ~14Kt

Tanzanite Pendant

Charm Bracelet
16" Heavy Necklace
“Oval-Link Necklace

DIAMONDS~-14Kt
Fiower Pendant On Wire

Lady Bug Toe Ring “Amethyst Earrings
Six stone Dangle Pendant Opal & Blue Topaz Cross

Me tala eoniey reel Blue Topaz double fish Pendant 245869 $350.00

Amethyst Bracelet 191948 $ 400.00
WATCHES~ALL AT 50% » 75% OFF
241050 $250.00
241041 $250.00
167014 $350.00
236577 $ 325,00
227812 $ 500.00
206543 — $ 130.00
245283 $ 190.00
245282 $ 220.00
246666 $ 1800.00

'$ 143,00

§ 405.00 if 162.00

NOW
$ 25.00
$57.00
NOW
$ 57.00
$ 57.00
$ 57.00
$ 135,00
$143.00

182877
SKU#
238544.
233499
SKuU#
219230
219231
219232
228615
236687

$ 1000.00
WAS
$ 60.00

$ 140.00
WAS

$ 140.00

$ 140.00

$ 140.00

$ 270.00

‘$ 350.00

Solitaire Earrings 1/3 carat
STEEL & 18Kt

Necklace with Gold Screw
Bracelet With Gold Screws
PEARLS—14Kt

Necklace & bracelet set pink

‘6 125,00

4 125,00

$$ 175.00

$146.25

‘ 225.00
$33.00 ,
$ 48.00

"$55.00

$ 450,00

Ladies Citizen on bracelet
Men's Citizen on Bracelet
Ladies Gold Tone Eco-drive
Men's Wenger Chronograph
Men's Wenger Pilot
Necklace & bracelet set Grey
Men's Gold Tone J Jurgenson
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Ladies J Jurgenson Gold Tone
Dolphin Pendant

Lariat 6 Strand Necklace

Ladies } Jurgenson Bracelet
Ladies 14K Gold J Jurgenson



Special 14K Gold Necklace & Bracelet Sets 75% Off!

SALE HOURS: 7.30AM - 8PM

THURSDAY NOVEMBER 27TH
JEWELERS WAREHOUSE

BAY & MARKET STREET TEL: 322-2214

Mount Tabor hosts auneah

to help hospitality workers

TO assist individuals in the hos-
pitality industry who have been
made redundant, Mount Tabor
Full Gospel Baptist Church host-
ed a hospitality outreach this
week,

The church’s senior pastor
Bishop Neil Ellis said he and his
congregation are eager to lend a
helping hand in this time of crisis.
The primary objective of the
Mount Tabor hospitality outreach
initiative was to provide spiritual,
emotional, mental, and practical
assistance to Bahamians facing
hardship as a result of recent lay-
offs, the church said yesterday in
a press statement.

Participating were Dr Harry
Ferrere, clinical psychologist at
the Sandilands Rehabilitation
Centre; Gregory Bethel, presi-
dent of Fidelity Bank; Corrina
Neely, partner in the Tristar
Insurance Agency, and Bishop
Neil Ellis, who will bring words of
inspiration.

“Adopting a holistic approach
in offering assistance to those now
jobless, these professionals (were)



organised in
booths to give
information as
well as offer
| advice to atten-
dees absolutely
|| free of charge.
“They (pro-
vided) career
guidance and
money man-
agement tips, with additional
information on tools such as bud-
geting and investment. Psycholo-
gists, entrepreneurs and ministers
(were) available for counselling,
consultation and prayer respec-
tively,” Mount Tabor said.
Bishop Ellis said, “I am deeply
concerned about the welfare of
our people. Mount Tabor’s first
and very necessary response is to
contribute to bringing clarity, sta-
bility and focus to our people,
because they have never been
faced with this type of situation.
We need to do this so that all con-
cerned — those in need and those
whom God has called to help -
will be able to make well

Bishop
Neil Ellis

informed decisions about our next
moves and what activities will
best help not just for the moment
but over the longer term.

“We have never experienced
anything like this before. I believe
at this time it is very important
for leaders from all sectors to
come to the forefront in seeking .
to make a contribution towards
the focused stability of both our
people and our nation’s econo-

my.”

Bishop Ellis said that he is call- ‘
ing for a united approach to con-
fronting the present challenges.
He said that churches, civic
organisations and government
must jointly plan a nationwide
outreach so that there will be best
use of resources for maximum
results, especially in relieving
financial, housing and food prob-
lems.

At the same time, he warned

‘against creating dependency,

pointing out that each person in
crisis has to be helped to help
themselves and be a part of the
solution.

Drexel Gomez makes final official visit as

A YOUNG CONFIRMAND receives prayers from Archbishop Drexel Gomez. The Archbishop .

administered the sacrament of confirmation to 17 individuals.

SmartChoice

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PHOTO: St Matthew’s Communications

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THE TRIBUNE

THURSDAY, NOVEMBER 27, 2008, PAGE 9



LOCAL NEWS

Reggae star Serani to perform
at Club Fluid’s Liquid Terrace

THE most anticipated reggae artist this year,
since Mavado, has been given the green light to
perform at Club Fluid’s Liquid Terrace tomorrow
night.

Taine reggae Star, Craig ‘Serani’ Marsh —
better known simply as Serani — whose song ‘No
Games’ became an instant hit in the Bahamas, left
an impact.on the popular music scene long before
his first album dropped.

Serani has produced hit songs for Sean Paul
such as ‘We Be Burning’; "Tony Matterhorn’s
‘Dutty Wine’ and has worked with the likes of
Elephant Man and Mavado.

Chairman of Club Fluid, Craig Pyfrom, said
he saw potential in the rising star when he heard

one of his songs and booked him almost imme-

_ diately.

He also said, reminiscing on the restrictions

* placed on Mavado by the Department of Immi-

gration, that Fluid made all the necessary arrange-
ments for Serani’s appearance well ahead of time
and with due diligence.

According to Mr Pyfrom, Serani will be joined
by Bahamian artists Rappquelle, Frisco, Irate
and a special guest artist.

The concert, aptly named ‘Serani
Weekend’, will begin with an all white boat
cruise today aboard the Sea. Wind and culminate
with the concert at Club Fluid on Friday
night.

New Bahamian novel set
to get tongues wagging

BAHAMIAN writer Garth
Buckner’s new novel is a must
read for the Winter Season.

Following the publication of
his debut novel. in 2005, Buckn-
er’s latest book Thine is the
Kingdom (Ravenna Press) ‘is
sure to set tongues wagging.

‘This book follows the story
of Gavin Blake’s return to his
island home to claim his citi-
zenship. His, mother was from
an old Bahamian family but his
father was foreign and he was
denied citizenship at birth.

As he.struggles to find his
way through the bureaucracy
he takes a job on the yacht of
wealthy local Jacob Thesinger.
The Thesingers made their ,
money bootlegging, have an old “
colonial home on Eastern Road
and are supporters of the arts.

But theirs is a world under

siege, both by the elements that As the

Garth Buckner



Thesinger tells him the only way
he will get his papers through is
if he pays a bribe. Confronted

something illegal to become
legal, Gavin Blake finds he must
makeachoice.

This comes as the threat to
Thesinger’s world reaches
breaking point and someone is
killed.

A press release from the
author said: “This is a novel for
and of our times. It presents
Nassau society in all its glitz and
gaudiness, shows our country’s
natural wonders and beauty and
recalls the island ideals of living
in balance with one’s surround-
ings, while ,at the same time

' pulling back the shroud that
many of us would prefer con-
tinues to hide the seemingly

. inexorable slide away from civil-

pressure ON ity towards lawlessness. In so

with the irony of having to do

erode their land, weather their
home and mildew their boat,
but also by a society tipping
towards lawlessness.

Gavin Blake soon finds out
how bad things are after a series
of break-ins and violent con-
frontations occur, especially
those with a local fisherman
who uses the abandoned prop-
erty next door.

Neither man seems to respect

Thesinger’s world increases’ he

becomes more and more
assertive, seeing himself as a
defender of society and culture,
and with a sense of self-right-
eous indignation his.actions
become more extreme and

questionable until he mirrors

the. lawlessness he is fighting.
As these events unfold, Gavin

-Blake is put in an increasingly

difficult position as he is on the

doing (the book) implicates us
all and raises the undeniable
question: what does it mean for
a society when you have to do
something illegal to become
legal?”

Logos Bookshop in Harbour
Bay will host the book launch of
Garth Buckner’s Thine is the
Kingdom on Thursday,

* December 4 from 5.30pm until

7.30pm. Signed foples will be

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the other’s property orrights. » island _. illegally.

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Thine is the
Kingdom

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PAGE 10, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE



LOCAL NEWS

Haitian sloops that contribute to their

SLOOPS carrying charcoal into Nassau from Haiti are part
of an export trade which has helped to wreck the former
French colony’s already crippled economy. Now attempts
are to be made to replace Haiti’s lost trees, the key to the
country’s agricultural revival.

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m@ By JOHN MARQUIS

ONCE it was the richest
colony on earth, an extremely
productive source of coffee and
minerals which leading nations
of the day coveted and fought
over.

Its deep soil and thick forests,
yielding abundant food crops
and high-grade lumber, were the
foundation of its wealth,
enabling the French post-revo-
lutionary elite of the late 1700s
to live in the grand manner.

Now Haiti, 204 years after
gaining its independence by
ejecting Napoleon’s brutal army,
is a sadly denuded land, its ter-
rain ravaged by storms and poor
husbandry, its people in penury
from lack of resources.

‘The tiny sloops which arrive
weekly in Nassau with cargoes
of charcoal are contributing, in
their own small way, to the grad-
ual degradation of what’s left of
Haiti’s natural wealth.

For it is charcoal - produced
for fuelling domestic fires and
supporting a meagre export
business - which has added con-
siderably to Haiti’s woes in
recent years.

Once, Haiti’s forests ran up
and over its hills to the border of

‘ the Dominican Republic, the

Spanish-speaking neighbour
which shares the island of His-
paniola.

Now deforestation, accelerat-
ed by charcoal producers, has
created a sharp line of demar-
cation between the two nations,
with Haiti’s brown hills bare and

_ barren alongside the Domini-

can greenery.

Moreover, it has left the top-
soil vulnerable to hurricanes and
summer storms, which rip it off
the hillsides to create mudslides
into the valleys and towns
below.

Now, international aid agen-
cies are working to replace the

_ trees in a scheme which could

ultimately provide a way back
for a country described by a
BBC reporter as the “basket-
case of the Caribbean”, a nation
whose taste for self-destruction
has been almost limitless.

In the area around Gonaives,
from which many Haitian
refugees arrive in thé Bahamas
in search of a better life, efforts

are being made to replant trees .

that will hold the soil together
and re-establish farm holdings.

Eucalyptus is one tree
favoured, along with aloe and
elephant grass, in a process
which Haitians hope will restore
at least a level of self-sufficiency
for rural families, who have
been left increasingly at the mer-
cy of foreign food imports.

In fact, it was the civil unrest
which resulted from high food
prices earlier this year in Port-
au-Prince that helped concen-
trate aid agencies’ attention on
revitalising agriculture and tree
life.

With some rural peasants now
surviving on mudcakes - a crude
mixture of oil and soil - it has
become crucial for Haiti to res-
urrect its lost resources.

Josette Perard, director of the
Lambi Fund of Haiti, told The
Observer of London: “Refor-
estation is the key to sustain-
ability. This is not about off-set-
ting climate change but about
restoring the natural eco-sys-
tem.

“We’re trying to undo years
of damage. Without tree cover,
we keep getting setbacks and
the mudslides show how far the
system is out of balance.”

Haiti’s trees have traditional-
ly been used for house-building,
boat-building and craftwork. In
fact, the country’s mahogany
carvings were once legendary,
a treasured off-shoot of Haiti’s
flourishing art and craft industry.

But it’s the production of
charcoal that really ate into tree
resources. The ad hoc destruc-
tion of woodland left the
steeply-sloped countryside wide
open to soil loss during heavy
rain, and the valleys highly sus-
ceptible to destruction by fast-
flowing slurry.

In Gonaives, the debris left
by summer storms continues to
hinder recovery efforts. Car
wrecks, mountains of plastic bot-
tles and foul sediment of all
kinds lie in thick mud brought
down from the hills.

Haiti’s new prime minister,
Michele Pierre-Louis, has
warned that Gonaives is a taste
of what the rest of Haiti could
face in the future. “The whole
country is facing an ecological
disaster,” he told The Observ-

LOWE’S WHOLESALE on
Soldier Road/Nassau Village
Saturday November 29, 2008
8:00 AM—12 NOON —

er. “We cannot keep going on
like this. We are going to disap-
pear one day. There will not be
400, 500 or 1,000 deaths, there
are going to be a million
deaths.”

For the Bahamas, Haiti’s
reforestation programme is an
important component in the bat-
tle to stem illegal immigration.

There is no doubt that Haiti’s
continuing economic plight -
exacerbated by its ravaged land-
scape - is the main cause of the
yearly exodus from the coun-
try’s northern towns. :

One problem facing Haitian
authorities will strike a chord
with the government here. Rur-
al dwellers have a tendency to
hack down trees to build
makeshift homes in areas where
construction is not welcome.
Pierre-Louis wants signs erected
in protected areas saying: “You
can’t build here.”

Just as makeshift Haitian set-
tlements are now appearing in
the pine barrens of Abaco, shan-
ty communities spring up
unplanned in Haiti, too.

In fact, changing Haitian
habits spawned over generations
is very much part of the fight
for survival.

Terraces of bamboo are now
being advocated to knit the hill-

-sides together and stop tons of
earth sliding on to towns. And

alternative fuel sources are

being explored to stop the burn-

ing of charcoal, which gathered
pace in the early 1990s when a
US blockade sought to force the
reinstatement of President Jean-
Bertrand Aristide.

Before that, Haitians relied
heavily on kerosene for cook-
ing. Now charcoal is the pre-
ferred option - and trees are the
losers as rural folk seek free fuel
in what’s left of Haiti’s wood-
land.

Aid agencies are also keen to
educate young Haitians to
recognise that destroying soil is
not an option, whatever the
temptations. :

With well over half of Haiti’s
population living on a dollar a
day, the drive for environmental
protection is becoming a priori-
ty issue.

With virtually nothing going
for it, Haiti needs every acre of

_ productive farmland it can find |

WHOLESA


-

Pbk be tee wee

i ey we ee



LOCAL NEWS

AA EE
country’s decline







HAITIAN SLOOPS i in 1 Nassau, The loots whieh arrive weakly with cargoes of ehareal are coitrlbuting, | in their
own small way, to the gradual degradation of what's left of Haiti's natural wealth.

to feed its population of more
than seven million.

The bald statistics tell the sto-
ry of Haiti’s tree loss. In 1923, 60
per cent of the country was cov-

ered by forest. Today it’s less"
than two per cent, and every

week sees more trees falling to
the axe. °

It was Port-au-Prince’s
demand for charcoal in the mid-
1950s that began the decline.
Logging operations were
stepped up, soil began to wash

away, land productivity was-

severely reduced, droughts
worsened and food supply
dropped:

Poor government, added to
the problem, with successive
administrations ignoring the dif-
ficulties deforestation posed,
and it was left to foreign aid
agencies to identify and tackle

_the looming crisis.

In 1999, a 15-year environ-
mental action plan was imple-
mented, primarily to explore

‘alternative fuel sources, but

political upheaval .and lack of

money have ‘thwarted the

process.
Even ‘so, one or two positive

developments have emerged,
including the manufacture of
fuel ‘briquettes’ from sugar cane
waste, a slow-burning alterna-
tive to charcoal.

The new initiative will take
years to have any perceptible
impact, and it’s unlikely the
Bahamas’ “Haitian problem”
will be reduced appreciably any-
time soon.

But foreign-funded tree-plant-
ing could be one key to at least
one of Haiti’s social problems.
And a halt to charcoal burning
could be another.

‘Meanwhile, those Bahamians.

who order charcoal from Hait-
ian boat-owners to feed their
barbecues ought to reflect
momentarily on what they’re
doing.

Buying charcoal worsens

- Haiti’s plight and quickens the

flight of its people. The sloops
heading northward packed to

_ ‘the gunwales with refugees area

symptom of the crisis.

The Bahamas’ ability to con-
trol the influx of Haitians in
future will depend to a great
extent on Haiti’s capacity to
feed its people.

INSURANCE BROKER Co. Lied.

To our valued clients:

_ Please be informed that MR. LYNDEN ANDREW
JOHNSON is no longer an employee of Andeaus

Insurance | Broker

Company Limited.

MR.

JOHNSON is not authorized to conduct any
business transactions for the company. Please
contact the office at 323-4545 for services.

Thank you for your continued patronage.

Management of Andeaus Insurance Broker
Company Limited.

TEL: 323-4545 FAX:328-6357



Sunday, November 30" at 6:30pm

Calvary

Bible Church - 62 Collins Avenue

ALove Offering will be received

The less desperation there is
to leave, the fewer immigrants
the Bahamas will have to con-
tend with.

ie

ouse Fi inancing
with 0% interest

for an entire year
Owner Fimancing available te qualified
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PAGE 12, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE





Atlantic hurricane season blows away records |

lm WASHINGTON

THE 2008 Atlantic hurricane sea-
son, which ends Sunday, appears to
have attained Olympian heights, set-
‘ting at least five weather records in
the United States and Cuba, accord-
ing to Associated Press.
















“It was pretty relentless in a large
number of big strikes,” said Georgia
Tech atmospheric sciences profes-
sor Judith Curry. “We just didn’t
have the huge monster where a lot of
people lost their lives, but we had a
lot of damage, a lot of damage.”

Data on.death and damage are

KIDZ CITY
PRE-CHRISTMAS
STOREWIDE SALE

15% off peoular | Items

(2. doors North of Multi-Di
S P. O. Box N-1552

LOCAL NEWS

Search on for best,

still being calculated.
Three records showed the hurri-

cane season’s relentlessness. Six con-
— Dolly, :
Edouard, Fay, Gustav, Hanna and :

secutive named storms

Ike — struck the U.S. mainland,

something that had not been seen

in recorded history.



























8-0703 » Marathon Mall - 394-8096
er eh kya e

Phone: 394-7040

brightest primar
school students

THE Bahamas Primary
School Student of the Year
Foundation has launched its

annual nationwide search to .

locate the best and brightest
primary school students:

The Foundation officially
launched the national search
on Saturday in recognition of
the 13th Annual National
Children’s Week celebrations.

Ricardo Deveaux, president

‘and chief executive officer of

the Foundation, said that
“each year, a select group of
students is nominated to
accept one of the most presti-
gious national recognition for
primary school students in this
country.”

“This premier awards pro-
gramme is.an excellent oppor-
tunity to recognise those stu-
dents who have demonstrat-
ed outstanding academic
achievement, leadership abil-
ity, campus and community

involvement and good citi- |

zenship. We are therefore
inviting each school to nomi-
nate one grade six student to



Friday, November 28th 6:00 - 9:00pm

REWIDE!



be among the who’s who in
primary schools in the
Bahamas,” he said.

The competition, which was

established in 1997, is spon-
sored by the Bahamas Prima-
ry School Student of the Year
Foundation in partnership
with the Nassau, Bahamas
Pan-Hellenic Council, the
local coalition of fraternities
and sororities.
“The programme was ini-
tially founded because it was
felt that major emphasis was
being placed on the achieve-
ments of high school students
however, little was being done
to salute our younger achiev-
ers,” the Foundation said yes-
terday in a press statement.

Contest

“Therefore, it is the Foun-
dation’s hope that Bahamians
will continue to embrace this
contest by supporting the
Foundation in its efforts. The
Foundation, along with cor-
porate sponsors, will recog-
nise these outstanding prima-
ry school students who are
striving for excellence in our
society.”

One student from each pri-
vate, public or independent
school in New. Providence and
the Family Islands is eligible
to participate in the awards
programme.

““The contest is opened to
any 6th grade student regard-
less‘ of colour; creed, nation-
ality or religious affiliation,”
the Foundation said.



Application forms have
been delivered to each prima-
ry school in New Providence
and Grand Bahama and the
District Superintendent’s
Office in each Family Island.

All completed application
packages must be submitted
to the Foundation on or
before the deadline on Friday,
February 13, 2009 at 5pm.

The awards ceremony will
be held in May 2009. Students
will be competing for schol-
arships, trophies and other
prizes. Schools are invited to
participate in the awards cer-
emony. The programme has
given over $300,000 in schol-
arships and prizes since its
1997 awards competition.

To enter the competition, a
student has to be nominated
by his or her school. In addi-
tion, the student must submit
an application package along
with the required application
form; a 400-word essay on the
topic “Making A Difference
To Change My World”;
include three letters of rec-
ommendation; copies of the
latest report cards (4th, 5th
and 6th grade), and copies of
any awards, certificates and/or
newspaper clippings that show -
the student’s ‘achievements. ~

An independent panel of
judges will review the appli-
cation packages submitted and
will determine the overall win-
ner for the 2009 Bahamas Pri-
mary School Student of the
Year.

To date, 969 students have
been recognised in the awards

programme.

The Bahamas Film
Festival (TBFF)

celebrates its fifth year

THE fifth Patel Bahamas Film Festival opens today in Nas-
sau.

Celi Moss, president of the Bahamas Film Festival (TBFF)
and the Bahamas Film Society (TBFS) said that a number of
activities are planned for this year’s two-day festival, including
a filmmaker’s spotlight on:-veteran actor Rudy Levarity.

Mr Levarity, who has been in such movies as ‘Survivor’, has
also done some work in Hollywood and has been a stand-in for
actors like Bill Duke.

“He has. a wealth of knowledge to share with young stars
and starlets who have dreams of a career in the exciting movie
industry. Therefore, he is encouraging Bahamians to come out
and enjoy the talents of other Bahamians such as Antonio.
Coakley who has written the movie ‘Changes’,” the TBFF said
in a press statement. —

The film ‘Changes’, depicts the life of a College of the
Bahamas student who is assigned the task of writing a term
paper for his psychology class on what causes someone to stop
being a productive. citizen. .

Julian Anderson Rolle is the producer of the movie. Both he
and Mr Coakley are employees at the Broadcasting Corporation
of the Bahamas.

Mr Moss said that he sees this year’s festival as yet another
opportunity to showcase Bahamian talent.

“Every year we usually bring in a Hollywood heavy hitter to
showcase and sometimes honour. Bahamians need to be
exposed to these persons to hear the very real story of how they
began, and how they are not very much different from them. In

the past the festival has brought in Jeff Friday, CEO of the

American Black Film Festival and CEO of the American Black
Movie Awards. Don D C Curry, has also visited and so did Bill
Duke,” Mr Moss said.

Last year, the festival welcomed the comedian Anthony
Anderson.

This year Mr Moss promises to focus more on Bahamian
and Caribbean talent.

The festival’s sponsors include Galleria Cinemas, Lifestyle
Limousines, Apex Awards, Jones Communications, Nitro Filmz,
Sea Food Haven, Junkanoo Beat Media, Tambrin Tree, the
Counsellors, and Red Hot Communications:

The Tribune wants to hear
from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.

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


THE TRIBUNE. THURSDAY, NOVEMBER 27, 2008, PAGE 13

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PAGE 14, THURSDAY, NOVEMBER 27, 2008

LOCAL NEWS

THE TRIBU we



FROM page one

"We are working very close-
ly with the Minister of State
for Immigration (Branville
McC ‘artney) and the Minister
(of Immigration) Brent
Symonette with respect to
ensuring that for every appli-
cation for a work permit by a
foreigner, we want to ensure
that there's absolutely no
Bahamian in the Bahamas
who is available and basically
what we want to'do is ensure
that Bahamians get first pref-
erence in all the jobs in the
country," said Mr Foulkes to
The Tribune outside the Sen-

Labour Dept moving to ensure
jobs are offered to unemployed
Bahamians before foreigners

ate yesterday.

His comments came in the
wake of statements by Mr
McCartney, who reportedly
said the Immigration Depart-
ment is processing about 500
work permit applications per
week at a time when many
Bahamians are out of work
because of recent lay offs in
the hotel sector.

Mr Foulkes said the Depart-
ment of Labour has retarded
the process of granting work
permits to allow for further
scrutiny of the permits to guar-
antee there are no Bahamians
available for the position
before the document is grant-
ed.

"In order for a work permit
to be granted the Department

ASSOCIATE DEGREE PROGRAMS

4. Network Security Systems

&. Website Development Technician

1. Computer Information Systems
2. Computer Systems Management

3. Computer Graphics Technology

5. Internet Communication Systems

7. Website Administration Technician’.

Call for registration and program details.



of Labour has to issue a labour
certificate to the applicant and
that person has to advertise
(about) three times in the clas-
sified section of the dailies for
that position, so we have
stepped up our vigilance in
terms of ensuring that there
are absolutely no Bahamians
available for each of these
positions. We have slowed
down the process in terms of
the issuance of work permits
just to make sure that that’s
the case," he said.

His department is also agi-
tating recently unemployed
citizens to register themselves
with the Department of
Labour so their employment
skills can be taken into
account when the Department
of Immigration processes work
permit applications.

"There are a lot of Bahami-
ans who have become unem-
ployed recently and we are
encouraging those persons to
come to the Labour Depart-
ment and register with our
skill banks so we'll have this
information on record so
whenever the Immigration
Board meets and the director
of labour is a member of that

board, he can make his inter-" i

vention in respect to each
application. But we need the
information at the Labour
Department," he said.

Paul Moss ‘one step closer’
to representing St Cecilia

FROM page one

tion you want to go and in
which you want to take their

constituency or country,” he-

said.

Mr Moss said he is confident
he can bring St Cecilia to the
PLP once again in the next elec-
tion.

Although the seat has pre-
dominantly been PLP, and is
currently represented by deputy
leader Cynthia Pratt, Mr Moss
said he is not going to take any-
thing for granted, and will work
very hard to bring young people
back into the party fold.

“Certainly there is no substi-
tute for hard work. I’m not
afraid of that. I’ve been doing it
my whole life. I also know that
I have a rapport and a relation-
ship with the young people who
comprise the majority of per-
sons in St Cecilia.”

While this latest ascension to
the NGC comes with some new

. sense of accomplishment, Mr

Moss said that he does not
believe this will be the end of
the “hurdles” he has had to
face, both from outside and
inside the PLP, to get the nom-
ination.

“At times it seemed as if
these hurdles were insur-
mountable based on the resis-

tance I was getting from partic-
ularly party insiders. But if there
are obstacles, I intend to cross
those obstacles. But at the same
time, I know that I cannot sit
down and think that it will just
come to me. I must go out there
and work, and I will continue
to do that.

“This is a time I believe for
the party itself to look inward
and to make the changes nec-
essary. There are many people
who even sit inside the Parlia-
ment today as a PLP member
who ought not to offer again.

“There are many persons
who sat as members last time
who were not successful in 2007
who ought not to offer again.
If the party is very serious about
being trusted again, to be seen
to be really serious about
advancing this country forward
in the new 21st century, we have
to do things differently.

“If we do things in thé same
manner then we have not
changed, and then we are not
serious about making the
changes to advancing this party
forward. And so, many persons
who may be of the old school of
not welcoming in the new faces
or new ideas will be a part of
the history of the PLP that
ought to remain history,” he
said.

- Bank of Bahamas
says lawsuit ‘totally
without merit’

FROM page one

Value Associated Brokers Limited of Nassau.

In a statement, the Bank of the Bahamas said that “as this is a
matter which will be under the jurisdiction of the court system, we
believe that the appropriate response is to refrain from comment,
but we will state without hesitation that we believe this matter to be
totally without merit.

“We at Bank of the Bahamas take our fiduciary responsibility
seriously and would never violate the trust which is placed in us’by
our valuable clients. We look forward to resolution of this matter
within the judicial system,” said the statement.

True Value Associated Brokers of Nassau (TVABL) is seeking
relief in the form of an order by the court “directing (the first and
second defendants) to show. that the entire amount of $181,213,
which was received from the attorney of (the brokerage company)
on November, 2004, by Bank of the Bahamas was not deposited
directly to the account 135000927 and is still missing from account

_ 135000927.”

Additionally, True Value Associated want the court to demand
the defendants give a reason why $48,720, which “was received from
the attorney of TVABL in 2004 by Bank of the Bahamas was not
deposited to account 135000927 and is still missing from account
13500097.”

. The court action calls for the Bank of the Bahamas to “provide
concrete evidence” that shows the defendants “were authorised to
disburse funds” from the same account and to hand over immedi-
ately the bank statements relating to it “which have been withheld
from TVABL for four years, although more than 20 requests
weregmade in person, in writing, and by telephone.”

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PAGE 16, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE



a
a
ES

Union president

flenies BIG

workers

are planning

to protest
FROM page one

trial agreement.

“IT don’t know where
you get these talks from
in the newspapers about
planning a demonstra-
tion,” said Mr Farquhar-
son.

“If any demonstration
comes it will come dur-
ing the normal course of
the process.

“We are dealing with
the management of
Batelco now to resolve
this issue.”

He said that BTC and
the union are trying to
come to a resolution
regarding the workers,
but were not able to say
what the resolution
might be at the end of
the talks.

According to Mr Far-

quharson, he and his col- . :

leagues are following the
protocol-of the industrial
agreement as they nego-
tiate with management.

Minister of Labour
Dion Foulkes said he
could not comment on
the matter: “I do not
want to comment on the
BTC matter at this point
— J understand the mat-
ter may be before the
Labour Board and as
Minister of Labour I
_ have to be impartial.”

He said he didn't have
any specific information
on the matter but was
told that “there may be a
trade dispute filed
with respect to this mat-
ter.”

The 47 workers were
alleged to have driven
the BTC vehicles that
were used to block Bay
Street and parts of
Grand Bahama during an
industrial action involv-
ing about 500 employees.
Their suspensions beet
yesterday.

A FIREFIGHTER surrounded by smoke in the remains of tiie home yes:

Home of Customs officer
destroyed i in ‘arson’ attack

EROM page 0 one

to pay revenues.”

The mother-of-three said she has

maintained her integrity since joining
the customs department in 1985, and
was therefore selected for the seven-
member task force established Six
months ago.

She said: “I have been approached
with bribes over and over, but I-say no.
Our country depends on this revenue.

‘People told me the corruption is big-

"yee

ger than me, but I tried'to do the job, and
do the best I could.

“Then they blew up my house, just for
trying to be honest and to make a dif-
ference. .

“It is a sad day for law enforcement in
this country.”

Among the customs officers comfort-
ing Mrs Ritchie outside her burning

‘home was senior officer Vaughn

Toote who said the fire is the latest of a
series of attacks against task force offi-
cers.

He said: “We have ‘been quite suc-

cessful in preventing and bringing to
light individuals and companies who for
years have been defrauding the govern-
ment of its revenues.

“We know customs have been getting

complaints from members of the com-

mercial community about the task force
being an inconvenience to them and their
commercial operations.

“This is an effort to deter us from our
efforts, but it will not Cee me from my
efforts.”

Police press ion officer Walter -

Evans said police are treating the fire



. Felipé Major/Tribune staff

as suspicious and investigating allega-
tions of arson.

As Mrs Ritchie recalled the countless
items lost in the fire, including Christmas
presents for her children, she tugged at
her navy coloured customs shirt and said:
“This uniform started this and now this
uniform is all I have.”

Mrs Ritchie declined to have her pho-
tograph taken for fear of further attacks.

Customs officers comforting her at the
scene criticised the Comptroller of Cus-
toms for not. being: Bisson to coffer his
condolences:;

[as CIBC Private .
ae Wealth Management

CIBC TRUST COMPANY (BAHAMAS) LIMITED

is seeking the services of a

General Manager

CIBC Trust Company (Bahamas) Limited has been in The Bahamas for over 35
years and places great importance on recognizing and rewarding strong performance.
CIBC offers room for advancement, a stimulating work environment and the resources
to help you make the most of your career. Together, we continue to make CIBC a
great place to work.

POSITION SUMMARY:

Reporting to the Chief Executive Officer Caribbean, as well as to a Board of Directors,
the General Manager is directly responsible for the profitable development and
promotion of the offshore trust business in the Bahamas.

-The incumbent is also responsible for achieving service excellence and operational
efficiency, supporting the strategic direction for the business and building the
appropriate organizational structure in support of current and future business objectives.

REQUIREMENTS & PERSONAL ATTRIBUTES:
Candidates must meet the following criteria:

¢ Minimum of ten years experience in a bank and trust environment at a senior

management level with significant exposure in developing operational strategies
and must be able to demonstrate ability and experience for effective diverse risk
management capabilities.

Experience in managing complex trusts and developing fiduciary standards for
high net worth clients.

In depth knowledge of trust, company, mutual fund, estate planning and investment
products.

Strong technical and managerial skills meaintned for activities such as business
‘model development; creation of profit plan objectives and delivering results.
Proven experience managing people in particular, senior level direct reports and
excellent organizational, time management and communication skills.

Excellent and proven negotiation and conflict resolution skills are essential.
Expertise in current banking and trust legislation and regulations, able to ensure
compliance with certain areas including Qualified Intermediary; Sarbanes Oxley
Act; AML and KYC Legislation.

Strong problem-solving and decision making-making skills

Strong interpersonal, oral and written communication skills

‘Proficient in the use of the Microsoft range of applications.

(some restrictions apply)
includes dresses, foot wear, bags and accessories
for women and also select men’s appalel
and foot wear.

CIBC is an equal opportunity employer and welcomes applications from all interested
parties. We thank you for your interest, however, only those candidates selected for
an interview will be contacted. -

Qualified candidates only should submit application in writing, marked Private and rN sales EL
Confidential, by December 12, 2008 to:

Manager, Human Resources Caribbean
CIBC Trust Company (Bahamas) Limited,
P.O. Box N-3933,

Nassau, Bahamas
or e-mail to: carolyn.longley@wi.cibe.com

NO PHONE CALLS OR FAXES WILL BE ACCEPTED.


THE TRIBUNE





THURSDAY, NOVEMBER 27.

2008











Liverpool,
Inter, Atletico
qualify for
the last 16...

See page 19



‘Sports Reporter

he defending Catholic
Primary School Bas-
ketball Tournament
champions staved off

elimination and forced a decisive .

game three for the 2008 title.
The St Thomas More Sparks
avoided another fourth quarter

meltdown and, with clutch free |

throws down the stretch from
leading scorer Deajour Adderley,
held on for the 45-41 win over the
St Bede’s Crushers in game two at
Loyola Hall yesterday.

Adderley, who finished with a
team high 12 points, sank a pair of
free throws to put his team up by
four with-just 10 seconds remain-
ing to seal the win.

The lead guard said his team
was out hustled in game one but
corrected many of those mistakes
to extend the series with a win.

“We came out with a good
game plan, it was the same one
’ we had in the first game. Last
game they just played harder than
us so that is what caused us (to
win),” he said. “Next time we just

have to come out and play this

good again.” —_

The offense of both teams
struggled early in the game with
star players Kyle Turnquest and
Joel Morris spending the first
quarter on the bench.

Turnquest led.all scorers with
16 points. |

The Crushers’ Denzel Huyler,
who finished with eight points,
dominated the offensive boards

early as St Bede’s led 10-7 after _

the opening period.

The charity stripe was busy for ''

both sides in the second’ quarter
as the Sparks went 3-6 while the
Crushers went 4-6 from the line
en route to a 16-14 Crushers lead
at the half.

The pace of the game increased
considerably in the second half,
suiting the preferred fast break
attack of the Sparks.

With the lineup, of Adderley,
Morris, Sebastian ‘Gray, Seville
Sands and ‘Markyle Mason, they
went the distance for the Sparks
in the second half as they
outscored the Crushers 31-27.

Gray finished with 11 points,
Mason finished: with six, while
Sands chipped in with seven.

St Thomas More opened the
third on a remarkable 12-0 run to
vault ahead 26-16.

Turnquest stopped the run with
a driving lay-up to make the score
26-18 with 4:02 left in the third
quarter.

He sparked a brief run for the
Crushers, capped by Huyler’s bas-
ket to trim the deficit to four with
1:20 remaining in the quarter.

-A pair of free throws. by
Markyle Mason stopped the
Crushers’ run and gave the Sparks

a 28-22 lead heading into the

fourth quarter.

The stage was set for another
Crushers fourth quarter come-
back effort in the final period.

Both teams appeared stagnant
on offense early on and Morris
went down at the hands of a hard
foul with 8:34 left to play.

Mason was the catalyst for the
Sparks’ offense with a pair of free
throws and a fastbreak lay-up on
the ensuing possession.

Mason, who finished with seven
points, went 4-4 from the free
throw line.

The Sparks held a 32-22 advan-
tage with 7:77 remaining when
Morris took another hard foul
and landed awkwardly.

VOLLEYBALL: VIXENS BITE
UP HORNETS, TECHNICIANS

BEAT DaBASEMENT

Sparks force game 3

mâ„¢ By RENALDO DORSETT

- St Thomas More holds on for 45- 41 win



IN THIS file photo, St Thomas More Sparks’ Daejour Adderley dribbles to the basket against the St Bede’s Crushers
in the Catholic Diocesan Primary Schools’ best-of-three championship series...

The team’s leading rebounder
and shotblocker was forced to

. leave the game with an injury.

Morris, who finished with eight
points, said the injury was difficult
to deal with at the time, but he
should be ready to play in game
three.

“When I was jumping I fell
down and I hurt my back when I
dropped on the ground and I‘had
to leave the game for a little

. while, but I got better and I will

be okay to play the next game,”
he said. “We just have to try to
shut down their two main scor-
ers, Flash and No. 11 (Wheat-
ley).”

With Morris sidelined; Turn-
quest immediately took advan-
tage, scoring five consecutive
points including a three pointer
in transition to cut the lead to
five.

The Sparks led 35-31 when
Morris returned to the court and
scored immediately in the post.





SPORTS IN BRIEF

The Crushers’ Gregory Cooper
scored just six points but his bas-
kets came at the most crucial
point of the game for his team.

Cooper’s first score off an.
offensive rebound trimmed the ©

lead to four, a pair of free throws
by Turnquest trimmed the lead

to just two, and Cooper’s second —

basket tied the game at 39 with

1:14 remaining.

- Gray responded with a tough
runner across the line to regain
the lead with under a minute
remaining.

His score two possessions later
gave the Sparks a 43-39 lead with
30 seconds left.

A steal by Mason sealed the
win for the Sparks as he passed
the ball ahead to Adderley who
sank the clinching free throws.

Crushers head coach Donnie
Culmer said his team will rebound
for game three and feels confi-
dent that they are clearly the bet-
ter of the two teams.

“We don’t have to do anything
differently. That game was there
to take.

“We missed some easy shots
around the rim, but we will be

ready man,” he said. “They can- .

not beat us. Last year they did
not beat us and they cannot beat
us this year. That game was there
for us to have.”

Nkomo Ferguson, head coach
of the Sparks, said his big men
were able to stay on the floor

‘which was vital for the game 2

win.

“All we did today was stay out
of foul trouble. Today we were
able to keep our big men in the

game, which was key for our ,

rebounding,” he said. “We feel

very confident for game three, we ©

just know we have to stay out of

foul trouble, be ready to play hard |

and come out firing.”

° Game 3 is set for 4:15pm on
Friday at Loyola Hall. .





with three wickets.
O’Neil Levy and Lee Melville added two
wickets each.

In their turn at bat, the T-Bird Flyers were

_ hand look at the talent available in

_ the Bahamas Baseball Associa-

THE New Providence Volleyball Associa-
tion continues with playoff action.

For the women, the pennant winning Scotts-
dale’s Vixens quickly disposed of the Lady
Hornets in straight sets 25-18, 25-14 and 25-18.
Krystel Rolle led all scorers with 11 points
for the win. Keneisha Thompson was only
able to secure 6 points in the loss.

In an exciting mén’s match, both teams dis-
played how they earned their playoff spots, but
in the end, the Technicians. would win in 4
tough sets over DaBasement 15-25, 25-23, 25-
22 and 25-23.

Adalbert Ingraham led the charge with 15
points for the win. Ronnie Lexidor finished
with 13 points for DaBasement.

CRICKET CHAMPIONSHIP
THE Bahamas Cricket Association’s cham-

pionship will be decided. this weekend after
both participants were decided following last
week’s contests.

The Dynasty Stars and Dockendale Titans
will meet in the league championship final,
set for November 29 at Windsor Park.

Advance

Dynasty is the latest team to advance to
the championship after their semifinal win
last weekend over former league champions T-
Bird Flyers.

The Stars batted first and scored 279 runs

for the loss of four wickets in the allotted 40 .

overs. The team’s top scorers included Ryan
Tappin, 75 runs, Howard Roy, 46 runs-and
Johnathan Barry, 47 runs not out.

Roy was also one of Dynasty’s top bowlers

bowled out for 182 runs and lost the match by
97 runs.
The Flyers top scorers included Garth Davis
with 58 runs and Bryce Bovice with 57 runs.
Top bowlers included Garsha Blair, Wayne
Patrick and Davis took one wicket each.

MASTERS TRACK MEETING

THE Masters Track and Field Association
is scheduled to hold a meeting at 6:30pm
Thursday at the Ministry of Education's head-
quarters on Thompson Boulevard. All mem-
bers and athletes who. would like to join the
association are invited to attend.

President Foster Dorsett is expected to
make important announcements for the asso-
ciation as it looks forward to 2009. The asso-

ciation is an affiliate of the Bahamas Associ- .

ation of Athletic Associations.



New baseball stadium
‘doesn’t seem to be a
reality right now’

OVER the weekend, I got a
chance to see some of the next
generation of baseball players in a
clinic hosted by the Bahamas
Baseball Federation and Pony
Baseball-Bahamas at St Andrew’s
Field of Dreams.

The event was being staged for
Team One Baseball to have a first

STUBBS

our high school system with the
possibility of recruiting some of
them to go on to play in the US.

While it is apparent that the fed-
eration won't be able to secure -
the international sanctioning from





tion, it was nice to see that they
are still making such a valuable
contribution to the growth and the
development of the sport.

Over the last two decades, baseball has been on the
decline in the country and the demolition of the Andre
Rodgers Baseball Stadium by the former government

OPINION

- without a replacement has further helped in its demise

at the senior level.

However, the fuel that created the split between the
association and the federation was probably the biggest
deterrent.

Right now, there is no baseball being played at the
senior level because there’s no adequate facility to
accommodate the game. It's such a pity because at one
time, baseball was one of the most exciting sports to
watch.

I remember the days when you could hardly get into

‘the stadium to watch some of the former icons per-

form. I remember clearly how one night they played soft-
ball and the next night they were right back on the field
for baseball.

Today, there are still a lot of players who want to
play the game at a higher level. Right now their own
avenue is either to play in the Junior Baseball League of .
Nassau or Freedom Farm.

The question is: What's next?

The federation has attempted to answer the ques-

“tion by hosting the first of three series of clinics where

they have: already brought in Team One Baseball. Next
weekend, they intend to invite a number of collegiate

- coaches and professional scouts to view the players.

But it’s going to have to take a little more than that.

Not all of the players, if that many, will be recruited to
leave the island.There have been many players, includ-
ing the late legendary Andre Rodgers, who were actu-
ally scouted here during a local baseball game to travel
overseas for their major breakthrough.

With the country facing an economical depression,
sporting facilities may be the last thing that govern-
ment will be concentrating on. So the reconstruction of
a baseball stadium doesn't seem to be a reality right now.

But in an attempt to not only revive the sport but also
give some positive alternatives to what could eventual-
ly be a fallout to crime and other mischief by our youth,
such projects may have to be implemented.

As a core sport, baseball can attract so many players
who normally prefer not to play softball.

What the federation and Pony Baseball is doing now
is just a step in the right direction to give these players
a hope to further their game. But we still have to find
other ways to enhance their performances so that when-
ever the opportunity presents itself, they will be ready
for the challenge.

NBA CHALLENGE.
The Bahamas seems poised to have its fifth player

; make it to the National Basketball Association.

Bennet Davis, at age 22, has the opportunity. He is
currently on the roster of the Utah Flash, the affiliate of
the world champions Boston Celtics in. the NBA's
Developmental League or D-League as it is commonly
referred too.

In their only pre-season game played, Davis pro-
duced a 15-point and six rebound game that is sure to
keep him on the 10-man roster as Utah prepares for its
first regular season game on Friday when they head on
the road to play the Austin Toros in Austin, Texas.

Davis and Torrington Cox were both drafted by Utah,
but Cox didn't survive the first cut.

Now it's up to Davis to try and get another Bahami-
an in the big leagues, following in the footsteps of
Mychal 'Sweet Bells' Thompson, Ian 'Foots' Lockhart,
Dexter Cambridge and Rick Fox.

Making it to the NBA is going to be tough. But at least
Davis seems to be headed in the right direction, if he
continues to make his presence felt in the D-League,
which is normally the first place that teams look to fill
their depleted rosters after waiving players or having to
replace those. injured.

' We're keeping our fingers crossed that Davis will
crack the NBA barrier again for the Bahamas.

DOUBLE BARRIER TO CROSS

Normally you don't get the kind of reports from our
student-athletes such as the one from Myron Rolle over
the weekend. So whenever it happens, we certainly
need to take the time out and salute them.

As a 22-year-old aspiring neurosurgeon at Florida
State, Rolle was selected as one of the 32 recipients of a
Rhodes scholarship to attend the prestigious Universi-
ty of Oxford in England for the next two to three years.

Rolle, a safety on FSU's Seminoles football team, is
just a junior, but he completed his bachelor’s degree in
exercise science in August and is pursuing his masters in
public administration.

What's so significant about Rolle is that he also has
another challenge ahead of him. He has to decide
whether or not he wants to-continue his academic pur-
suits or go after his athletic career and take a shot at the
National Football League.

Not too many people can say they've had such lofty
goals to attain at the same time. Rolle is one of those

rare breeds.

His parents, Beverly and Whitney Rolle, must be
extremely proud of him. We wish him every success in
which ever dream he decides to follow.
PAGE 18, THURSDAY, NOVEMBER 27, 2008

TRIBUNE SPORTS



‘eC a
Jets’ Jones somehow a great fantasy back

m@ By JOHN McFARLAND
Associated Press Writer

THE Jets' Thomas Jones had
the look of a disaster entering
the season, drafted by many
fantasy football players for the
simple reason that most other
starters were gone.

There just wasn't much to get
excited about in a 30-year-old
journeyman coming off a two-
score season for a bad team.
There also was the major risk
that 39-year-old Brett Favre
wouldn't have anything left in
his aged arm, inviting all sorts of
run-stopping defensive fronts.

Well, so much for all that.

‘ Now the 69-year-old back-
field is leading an unstoppable
team. And Jones — who like
most backs at 30 was expected
to be terrible this year — has a
career-high 11 touchdowns.
He's the AFC's leading rusher,
on pace for a career-high 1,380
yards. And he's gaining 4.4
yards a carry, the second-best
in his career.

The fantasy postseason
schedule looks delicious for
Jones, too, with easy-to-run on
Denver, San Francisco, Buffalo
and Seattle up next. It gets a lit-
tle toughér with Miami in Week
17, but most fantasy leagues will
be done by then.

As you wonder how Jones'
massive biceps don't force the






Versatility ©.




GENERATOR

a obcat
Bo hamas

Productivity *

Crawford St., Oakes Field
Telephones: 328-8618/19/20 +



NEW YORK Jets running back Thomas Jones is congratulated by head”
coach Eric Mangini after the Jets beat the New England Patriots 34-31 in

overtime...

ball to squirt out on every carry,
here's a look at some players
to start and some to avoid in
Week 13:

QUARTERBACKS:
TAKE A SHOT
— Who needs Tom Brady?

-The Patriots' Matt Cassel has

815 yards passing, 76 rushing
and seven scores the past two
games, and has become some-
body you don't even bench
against Pittsburgh's dreaded
NFL-best defense.

— Start Sage Rosenfels and
any other Texan you can scrape
up as the nation gathers 'round
the TV on Monday night to see
if it'll be Houston or Jack-
sonville winning for the fifth




dR)

Reliability





Fax: 326-4831

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time. The Texans are used to
trying hard while being bad, but
the Jags seem to have surren-
dered.

— Don't worry about
Miami's Chad Pennington
against the Rams' defense that's
allowed an NFL-high 20 TD
runs. He'll do plenty more than
hand off, and may even catch a
pass or two from Ronnie
Brown.

— Atlanta's Matt Ryan
should have few problems
exploiting San Diego's NFL-
worst pass defense while the
Chargers focus on spoiling the
homecoming. of former backup
RB Michael Turner (while also
wondering why they didn't hang
on to him).-

BACK AWAY SLOWLY

AND NOBODY ~

GETS HURT ;

Please, in the name of Kevin
Kolb; don't start these guys:

— When's the last time the

’ Giants' Eli Manning had*more

than one touchdown against the

Redskins? Oh yeah, never: He's |

only thrown one or none in
eight career games against
Washington.

— At least the Browns won't
bench Derek Anderson this
week, with Brady Quinn out for
the season. But you should
always strive to be smarter than
the Browns, so leave Anderson
on your bench as he alternately
throws behind Braylon

- Edwards and watches passes
bounce off Edwards' fingertips. :

— Likewise, the Eagles’

‘Donovan McNabb seems

benchworthy for the foresee-

able future. Great name recog-;

nition, and facing an Arizona
pass defense that's allowed an




Enchustastsc:

Applic:



John Russell/AP

BRETT FAVRE (4) looks for a receiver as Jets running back Thomas Jones. (20) and tight end Chris Baker
(86) block Tennessee Titans defensive end Kyle Vanden Bosch, right, in the first quarter of agame...

NFL-high 22 TD passes, but
he's a turnover/benching/rule-

book joke waiting to happen.

RUNNING BACKS:

ALL DAYLONG. | |

— Overthinker Alert: Don't
consider benching Matt Forte
when the Bears.and Vikings

play for the NFC North lead.
The Vikings' No. 2 run defense —

gives up just 3.1 yards a carry,
but Forte's reached never-
benth status.

— Speaking of NFC North
workhorses, Green Bay's Ryan
Grant should get another major
helping of carries against Car-

- olina. The Panthers are slipping

against the run, and the Packers
want to make sure their sec-
ondary stays off the field.
—In other news about guys
who scored all the time last year
and have been running strong
despite not scoring this year,

Joseph Addai (38 carries the »

last two weeks) should get back
to the end zone as the Colts find
a.way to win and the Browns
find a way to lose.

— Tennessee's LenDale
White had only one carry last
week, but even if his coaches
are ticked at him they'll need
somebody to run over the win-
less Lions once Chris Johnson's

exhausted. (The Lions may -
_ stack the line, but.aline stacked

with just Lions is,like a-regular
team's normal defense.)

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RED FLAGS

— Pittsburgh's Willie Parker

has regressed into a guy you
should only start after he has a
good game under his belt. The
once sturdy back has missed
time in’six of his last eight
games. But certainly start
Mewelde Moore if he starts
instead.

— Forget your Bewiound
excitement about the Saints'

- Pierre Thomas, this week, any-

way. New Orleans can't play’on
the road, and the Bucs have
allowed only one rushing touch-
down all year.

— If you blew a high draft
pick on the Rams' Steven Jack-
son, surely you're out of the fan-
tasy playoff running and no
longer caring. But if you're

. somehow still alive, don't both-
er starting him if he's healthy, or
his replacement if he's not.

WIDE.RECEIVERS:
THROW HIM THE DARN

BALL!

— The Cowboys are busy try-
ing to book national airtime for
Terrell Owens to complain
about his workplace in hopes
they've finally unlocked the
secret to getting him open. Even

barring that, Seattle's defense -
could be good for another 200-_

yard game. ,
— Only two things are cer-

he has 6 in his past 7 games —
and his lone touchdown will pull
the Lions to within about 20
points of victory.

— Now that Randy Moss is
back in the picture for New
England; so is Wes Welker (3
straight 100-yard games). He
should again be wide open as
the banged-up Steelers throw

their few remaining defensive ©

backs at Moss.
— Start feast-or-famine WR

_Lee Evans of Buffalo against

the 49ers. He should be much
closer to-his fifth 100-yard day

" than the 0-yard day he had two

weeks ago.

SHOW HIM THE DARN

BENCH

— Don't ever start Cleve-
land's Braylon Edwards again

we
yo

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$45

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because it just hurts too much to
watch all those sure touchdown
passes bouncing around near
his feet. (He has an NFL-high
18 drops, at least 2 of them sure
TDs.)

— The Raiders can't do
much, but they are OK against
the pass. That, plus the big holes
in Oakland's run defense. and
Tyler Thigpen's interception
festival last week, should com-
pel the Chiefs to steer clear of
Dwayne Bowe. .

— Here's proof you can't
always trust ‘the stats: Green
Bay ranks sixth against the pass
after allowing a billion yards to
the Saints. .

Though the Pack was
exposed last week, continue
benching any Carolina receiv-
er but Steve Smith. ©

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predicting subpar days for Trent
Edwards (4 TDs) ‘and Tony
Romo (341 yards, 3 TDs). I
expected success from Ronnie
Brown (37 yards), Bernard
Berrian (28 yards) and Gus
Frerotte (120 yards, INT).

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woes for Maurice Jones-Drew
(4 yards rushing), but also kind
of wrong (113 receiving). Like-
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TRIBUNE SPORTS

THURSDAY, NOVEMBER 27, 2008, PAGE 19



INTERNATIONAL SPORTS



Liverpool, Inter, Atletico

qualify for the last

@ By ROBERT MILLWARD
AP Soccer Writer

LONDON (AP) — Five-time
winner Liverpool, Italian cham-
pion Inter Milan and Atletico
Madrid joined 10 other quali-
fiers for the last knockout phase
of the Champions League on
Wednesday. Chelsea still has
work to do in the final round
of games after a 1-1 tie with
Bordeaux.

Steven Gerrard, coming off
a groin injury, scored on a head-
er in the 23rd minute to give
Liverpool a 1-0 victory over
Marseille. Atletico Madrid
edged PSV Eindhoven 2-1 in
the other Group D game.

Inter was beaten 1-0 at home
(see photos on page 21) by
Panathinaikos but still qualified.
Its two nearest rivals, Panathi-
naikos and Anorthosis Fama-
gusta, meet December 9 and
only one of the teams can finish

above the Serie A leader.

' Josu Sarriegi revived Panathi-
naikos' chances with the only
goal at San Siro in the 69th
minute. The Cypriot team
Anorthosis, one of the surprises
of the competition, squandered

a two-goal lead and was held to |

a 2-2 tie by Werder Bremen to
slip from second to third.
Chelsea appeared on course
to join the other three qualifiers
after Nicolas Anelka put the

LIVERPOOL’S Javier Mascherano (right)
fouls Marseille’s Mathieu Valbuena during
their Champions League, Group D, soccer
match at Anfield Stadium, Liverpool, England,
yesterday...

Blues ahead at Bordeaux. But
Alou Diarra tied it in the 83rd
and Chelsea's Frank Lampard
was sent off near the end for

(AP Photo: Paul Thomas)

two yellow cards.

AS Roma went top.of Group
A after winning 3-1 at CFR
Cluj, oe by two goals by

Matteo Brighi. The Italian team
has nine points,-Chelsea eight
and Bordeaux seven going into
ine final round of games when

16



Roma hosts the French team
and Premier League leader
Chelsea is at home to Romani-
a's Cluj. The last 16 already



ELBE
Federer to
play at the
Le a

DOHA, Qatar (AP) —
Rafael Nadal and Roger
Federer will open the 2009
ATP season by playing at
the Qatar Open.

Qatar tennis federation
president Nasser al-Kholi-
afi says Andy Murray and
Andy Roddick will also take
part in the hard-court tour-
nament, which begins Jan-
[ry aa

The tournament in Doha
is one of three to start the
2009 ténnis season, along
with the Brisbane Interna-
tional in Australia, and the
Chennai Open in India.

includes eight teams that have
won European soccer's biggest
club competition with three
more spots still to fill.

Ten teams had already quali- .
fied — Barcelona and Sporting
Lisbon’from Group C, Man-
chester United and Villarreal
from Group E, Lyon and Bay-
ern Munich. from Group F,
Arsenal and FC Porto from
Group G and Juventus and
Real Madrid from Group H.

Barcelona won 5-2 at Sport-
ing in a meeting of two clubs
that had already qualified.
Shakhtar Donetsk routed FC
Basel 5-0 behind a hat.trick by
Jadson in another high-scoring
Group C game.

Dolphins’ receivers | eager to contribute to playoff push

@ By SARAH LARIMER
; Associated Press Writer

DAVIE, Florida (AP) —
Miami's receiving corps say they
are ready for the chance to con-
tribute to the Dolphins playoff
push, an opportunity created by
the season-ending injury to
Greg Camarillo.

A knee injury. has ended |

Camarillo's breakout season
and put a kink in Miami's long-
shot plans for a playoff berth. If
the Dolphins — who haven't
reached the postseason since
2001 — want to end their play-
off drought, the rest of their
receiving corps will have to pick
up the slack.

"Greg was a staple in our
offense," quarterback Chad
Pennington said Wednesday.
"He was a guy that was
extremely reliable. So its a
tough loss for us. What it does
do, it gives someone else an
opportunity a step up. That's
what this league is about — its

,

about opportunity and being
able to take advantage of it
however it comes your way." .

. With five games left, the Dol-
phins (6-5) are trying to keep
their chances of an improbable
playoff appearance alive. Mia-
mi, which went 1-15 last year,

faces the St. Louis Rams (2-9) —

on Sunday, one of the four
remaining games it will py on
the road.

The Dolphins rejuvenated
offense this season has featured
two talented running backs, an
upgrade at quarterback and the
surprising Camarillo, who led

: Miami with 55. receptions for

613 yards and’two touchdowns
this season. His injury will be a
test for the rest of Miami's
receiving corps, which has been
considered perhaps the team's
biggest weakness.

"It's going to. be big. You're
losing your ace receiver, and
the things he was able to do this
year and the catches he was
able to make," tight end David

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up. "

Davone Bess had five recep-
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phins 48-28 loss to New Eng-

~ land on Sunday. Ernest Wilford,
a $6 million offseason acquisi-

tion who has been inactive for
eight games this year, has one
reception for 15 yards this sea-

~ son.

"You've seen what Davone
Bess has been doing over these
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stepped his game up," said
receiver Brandon London, who
also has one reception this sea-
son. "And me and Earnest have
been hungry for a shot. You've
got a bunch of hungry guys out
there."

Then there is Ted Ginn Jr.,
Miami's first-round draft choice
in 2007. The selection drew
boos from Dolphins fans on
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"Ted is getting better and bet-
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Although he's out for the rest of
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"Greg was a hard worker,
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PAGE 20, THURSDAY, NOVEMBER 27, 2008

TRIBUNE SPORTS



James gets hero’s welcome |NBA Today

as Cavs roll out the Knicks

@ By BRIAN MAHONEY
AP Basketball Writer

NEW YORK (AP) — July
1, 2010, could be quite a show-
down between the Cleveland
Cavaliers and New York
Knicks.

For now, there's no contest.

LeBron James can become
a free agent that day, and the
Knicks hope they can offer him
a chance to.be on a title con-
tender.

He might not have to leave
Cleveland for that.

James scored 26 points
before sitting out the fourth
quarter, and the Cavaliers
quickly took a charged-up New
York crowd out of the game in
a 119-101 victory Huesday
‘night.

The buzz was about James’
future, but he's not ready to
talk about that.
His present looks too promis-
ing.

"I don't know if it's going to
happen," he said. "I'm so
focused on this season and
what we have at task with the
Cavs, it's hard for me to even
think about that date. But at
the same time, you have to stay
open-minded if you're a Knicks
fan."

In other NBA games Tues-
day, it was: Washington 124,
Golden State 100; Phoenix 99,
Oklahoma.City 98; Dallas 109,
Indiana 106; and:the Los Ange-
les Lakers 120, New Jersey 93.

Delonte West added 16

points and Wally Szczerbiak.

had 15 for the Cavaliers, who
rang up their highest point total
of the season and put seven
players in double figures.

The Cavaliers improved the
NBA's third-best record to 11-
3

"They don't get caught up in
that, man, and I don't either,"
James said of the free agency
talk. "We hear it every day, we
see it every day on TV about
2010 all the time, we still go out
and take care of business. We
don't worry about what's going

on. Me, the leader, I can't let -

that faze me because I'm lead-
ing these guys onto something
that we want to accomplish,
and that's win an NBA cham-
pionship."

Quentin Richardson scored
22 points and newcomer Tim
Thomas had 16 for the Knicks
(7-7), who dropped their fourth
in five games.

James' first visit to Madison
Square Garden this season
came just days after the Knicks
made a pair of trades that
cleared enough salary cap space
for a potential run at him in
free agency. .

James started the night by
saying he was flattered by the
attention but focused on trying
to win a title this season with
the Cavs.

"It seems like they want him,
but right now we're excited that
he's a Cavalier," guard Daniel
Gibson said.

Unlike his previous visit,
when the Cavaliers needed
nearly all of his 50 points to
beat the Knicks last March, an
ordinary effort was good
enough from James, who
laughed and smiled throughout
the easy victory.

The Knicks are a team in
transition after trading Zach
Randolph and Jamal Crawford,
their two leading scorers, last
Friday. Making matters worse,
they lost Nate Robinson, who
became their leading scorer,
after he strained his groin in

_ the second quarter. He is

doubtful for Wednesday's game
at Detroit.

"I'll be back in no time,"
Robinson said. "I'm not the
kind of guy who wants to sit
here and be hurt. I hate it."

James was cheered loudly

‘during pregame introductions

and every time he touched the
ball by a crowd that included
his buddy, rapper Jay-Z — who
might prefer James goes to
New Jersey, the team he partly
owns. James scored 11 points
in the first quarter, leading
Cleveland to a 34-22 lead.
James could only chuckle
and shake his head when a fan

eer use

goes up to. the ace z
FTO UIIeN WAN oltre. (e esis

BACYH Turi ima (u ar tie soil fee es

MTU TOES (Ua 9 ae :
the first half... ey

(AP. Photo: ee ue
ae ae

yelled "Two more years!" as
he was putting on his warmup
shirt before heading to the
bench for the start of the sec-

ond quarter.

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Suns 99, Thunder 98

At Oklahoma City, Matt
Barnes hit a 3-pointer from the
left wing with 25.7 seconds left
to complete Phoenix's fourth-

quarter rally and spoil Scott

Brooks' home debut as Okla-

homa City head coach.

The Thunder (1-14) led
throughout the second half
and were up by as much as
16 late ‘in the third quarter ©

‘before the Suns went on a 13-
Orun.

Steve Nash had 20 Roan’
and 15 assists. Kevin Durant
scored 29 points as the Thun-
der lost their 12th straight.

Wizards 124, Warriors 100
At Washington, Ed Tap-
scott's coaching debut with
the Wizards was much more
successful than Jamal Craw-
‘ford's playing debut with
Golden State.

Tapscott guided Washing-
ton to a blowout, breaking a
five-game losing streak and
avoiding the worst 12-game
start in franchise history.

~ Caron Butler scored a sea-
son-high 35 points, Andray
Blatche had season highs
with 25 points. and 12
rebounds, and Antawn Jami-
’ son added 25 points and 11
rebounds as the Wizards
improved to 2-10 with their
best scoring output of the
season. :
The Wizards fired Eddie



Jordan on Monday and
replaced him with. Tapscott,
who had been the team's direc-
tor of player development.
The night's other new fea-

_ tured addition, Crawford, had a

quiet evening in his first game
since being traded by New
York on Friday. -

Crawford started-and had
‘ nine points and seven assists in

29 minutes.

Corey Maggette scored 17 to
lead the Warriors, who have
lost three straight.

Lakers 120, Nets 93

At Los Angeles, Pau Gasol
had 26 points and eight
rebounds and the Lakers over-

came a poor shooting perfor-

mance by Kobe Bryant to
improve to an NBA-best 12-1.

Bryant had difficulty most of
the game with Vince Carter's
defense, going 5-for-17 from
the field in 28 minutes and fin-
ishing with 12 points in Los
Angeles' fifth straight victory.

Mavericks 109, Pacers.106

At Dallas, Jason Terry
scored 29 points and the Mav-
ericks rallied with an 18-8 run

in the fourth quarter for their

fifth straight victory.

Dirk Nowitzki added 24
points and 12 rebounds and
Antoine Wright scored a

‘career-high 24 for Dallas. Kidd

finished with 11 points and 13
assists.



DALLAS MAVERICKS guard Jason Terry (31) dives past Pacers guard
T J Ford (5) during the second half...

@ By The Associated Press
SCOREBOARD

Thursday, November 27

New Orleans at Denver (10:30
pm EST). Chris Paul and the
Hornets, on a three-game win-
ning streak, visit Carmelo Antho-
ny and the Nuggets, who are 5-1
at home.

_ STARS
Tuesday
— Steve Nash, Suns, had 20

points and 15 assists to rally

Phoenix past Oklahoma City 99-
98, spoiling Scott Brooks' home
debut as Thunder head coach.

— Caron Butler, Wizards,
scored a season-high 35 points
and Washington beat Golden
State 124-100 to snap a five-game
skid in Ed Tapscott's first game as ©
coach.

— Jason Terry, Mavericks,
scored 16 of his 29 points in the
fourth quarter to help Dallas
come back from a 13-point sec-
ond-half deficit for a 109-106 vic-
tory over Indiana that stretched
its winning streak to five.

— Pau Gasol, Lakers, had 26
points and eight rebounds before
sitting out the fourth quarter, and.
Los Angeles topped New Jersey
120-93 to improve the NBA's best
record to 12-1.

BROADWAY SHOW
LeBron James scored 26 points
before sitting out the fourth quar-
ter and Cleveland quickly took a
charged-up New York crowd out
of the game in a 119-101 victory

over the Knicks. James was

cheered loudly by fans hoping
someday to see him play in New
York. His first visit to Madison
Square Garden this season came
just days after the Knicks made a
pair of trades that cleared enough
Salary cap space for-a potential
run at him in free agency during
the summer of 2010.

’ THUNDERSTRUCK

Matt Barnes hit a 3-pointer
from the left wing with 25.7 sec-
onds left to complete Phoenix's
fourth-quarter rally in a 99-98 vic-
tory at Oklahoma City. The
Thunder (1-14) had two final
chances to win, but Kevin Durant
and Russell Westbrook both
missed shots on their final pos-
session. The Suns scrambled
around the court to run out the
final 8.4 seconds without getting
fouled, handing Oklahoma City.
its 12th straight loss.

SIDELINED
Milwaukee center Andrew:
Bogut will be out for a week to 10.
days after sustaining a bone:
bruise to his left knee Monday °

_ night in a loss at Orlando. Bogut

is averaging 11.4 points and 10.9

rebounds this season. Miami for-

ward Dorell Wright is expected to"
miss at least three weeks after

having surgery to remove debris

from his left knee. Wright has

played only. one game for the

Heat since he tore his left menis-

cus on March 2 and had surgery

the following day.

ON THE MEND

Charlotte Bobcats top scorer
Jason Richardson practiced for.
the first time since undergoing
arthroscopic knee surgery and
could play Wednesday in Toron-

‘to: Richardson has missed six

straight games since waking up
with pain and swelling in his right
knée on November 12, a day after
scoring 23 points in a loss to Den-
ver. Doctors performed
exploratory surgery and found no
structural damage.

DONE DEAL

The trade that sent Zach Ran-
dolph from New York to the Los
Angeles Clippers was completed,
though Cuttino Mobley still was-
n't available to play for the
Knicks. The deal was made Fri-
day but was hung up when the
Knicks reportedly learned of a
heart condition during Mobley's
physical. New York waived the’
physical requirement to finalize
the deal. Knicks president Donnie
Walsh wouldn't reveal the nature
of Mobley's medical condition,
but said Mobley wouldn't be
available Tuesday against Cleve-
land or Wednesday night in
Detroit while he underwent addi-
tional testing. Walsh added he
didn't know if Mobley would ever
play for the Knicks.

SPEAKING

"Now that we got ‘Obama’ on
the sideline with us, we're going |
to ride with it. Tap, he's light-
skinned, he stands for change,
he's got a law degree, he uses big

‘words; and he's new in the dis-

trict, and he's in control now, so
shout out to Obama. We won
ee he brought a lot of hope.

.. And he's good with numbers,
so hopefully he'll change the
economy as well."

— Washington forward Caron
Butler after the Wizards (2-10)
routed Golden State 124-100 to
snap a five-game skid in Ed Tap-
scott's first game as coach.
TRIBUNE SPORTS | THURSDAY, NOVEMBER 27, 2008, PAGE 21
INTERNATIONAL SPORTS

Panathinaikos upset
Ailan, 1-0 ©





AULT) Calanni/AP

a TUT

PANATHINAIKOS defender Jose Sarriegi, of Spain, celebrates after scoring against Inter Milan during their group
B Champions League soccer match at the San Siro stadium in Milan, Italy, yesterday...











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THURSDAY, NOVEMBER 27, 2008, PAGE 23



FROM page one

echelons.

Mr Archer initially sent a
message to several party
leaders expressing his con-
cern about the opposition’s
efforts to frame the debate
on the financial crisis.

Dr Nottage responded,
and Mr Archer sent an e-
mail addressed to the MP,
excerpts from which follow.

“With all due respect,
sir,” Mr Archer wrote Dr
Nottage in reply, “you are
entitled to your own opin-
ion: I am just calling it not
only as I see it but also as
the general voting public is
seeing it. You want to be
the one to tell them that
they are wrong? Or should I
do so on your behalf.

“While you are sitting on
your — and enjoying the
high life I find myself min-
gling with those in the ghet-
tos and filthy-streets.'I talk
to them daily, I see their
pains, I feel their pains.

“Jt make no sense making

friends in certain areas”

because tomorrow that per-
son just might be dead. You
are indeed one of those
politicians who tend to

your
news

The Tribune wants to hear
from people who are
making news in their |
neighbourhoods. Perhaps
vou are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award. .

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



Claim that the PLP is struggling to
control supporters’ resentment
towards party leaders

come around once in a
while and literally walk the
streets.”

Entitled, Re: Mortgage
Buyout, the e-mail corre-
spondence between the two
was copied to more than 30
party members, including

party leader Perry Christie, -

his wife Bernadette, the
PLP’s website administra-
tor Andrew Burrows, MPs
Shane Gibson and Fred
Mitchell, Bradley Roberts,
Senators Jerome Fitzgerald
and Michael Halkitis, and
many others.

Mr Archer continued:
“With all due respect, sir,

- this country needs a change

from the old guard like
yourself.
“It was you who said the

..PLP..lacked vision (in).

March/May 17, 1999. It was

-you who addressed Parlia-
ment with your departure.

speech entitled ‘A Country
in Crisis’. It was you who

sought to destroy the PLP
by leaving and forming your
own failed party the CDR.
So before you try to throw
your weight around think
first, or next time I will
embarrass you publicly.

“T am not looking for
friends, Mr Nottage... I
am looking to make a posi-
tive change in my country. I
trust we share that same
passion.

“The opposition is being
etched out in the minds of
many as simply ineffective.
So if you’re looking for me
to kiss your — to. get along
with your. face, sir, then I
think you have a different

thing coming. I am an.

Archer, not an — kisser.
With all due respect, sir,”

_ he.concluded.

The Tribune attempted to
contact Dr Nottage several
times for comment, but was
unsuccessful up to press
time.

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@ By CHRISTOPHER
TOOTHAKER
LA GUAIRA, Venezuela

Russian warships sailed into
port in Venezuela on Tuesday in
a show of strength as Moscow
seeks to counter U.S. influence
in Latin America, according to
the Associated Press.

Russia's first such deployment
in the Caribbean since the Cold
War is timed to coincide with
President Dmitry Medvedev's vis-
{t to Venezuela, the first ever by a
Russian president.

Russian sailors dressed in
black-and-white uniforms lined
up along the bow of the destroy-
er Admiral Chabanenko as it
docked in La Guaira, near Cara-
cas, and Venezuelan troops greet-
ed them with cannons in a 21-gun
salute. Two support vessels also
docked, and the nuclear-powered
cruiser Peter the Great, Russia's
largest navy ship, anchored off-
shore.

Chavez, basking in the support

of a powerful ally and traditional ~

USS. rival, wants Russian help to
build a nuclear reactor, invest in
oil and natural gas projects and
bolster his leftist opposition to
USS. influence in the region.

He also wants weapons —
Venezuela has bought more than
$4 billion in Russian arms, includ-
ing Sukhoi fighter jets, helicopters
and 100,000 Kalashnikov rifles,
and more deals for Russian tanks
or other weaponry may be dis-
cussed after Medvedev arrives
Wednesday.

Russia's ambitions in Latin
America, however, may be
checked by global events. Both

Venezuela and Russia are feel-
ing the pinch of slumping oil.

prices, and their ability to be
major benefactors for like-mind-
ed leaders is in doubt given the
pressures of the world's financial
crisis.

The deployment of the naval
squadron is widely seen as a
demonstration of Kremlin anger
over the-U.S. decision to send
warships to deliver aid to Georgia
after its battles with Russia, and
over U.S. plans for a European
missile-defense system.

But USS. officials mocked the
show of force.

"Are they accompanied by tug-

boats this time?" U.S. State:

Department spokesman Sean
McCormack joked to reporters
in Washington. He noted that
Russia's navy is but a shadow of
its Soviet-era fleet. ‘

"I don't think there's any ques-
tion about ... who the region looks
to in terms of political, economic,
diplomatic and as well as military
power," McCormack said. "If the
Venezuelans and the Russians
want to have, you know, a mili-
tary exercise, that's fine. But we'll

‘obviously be watching it very

closely."

VENEZUELAN sailors stands next to a national flag during a wel-



THURSDAY, NOVEMBER 27, 2008, PAGE 25

INTERNATIONAL NEWS

AP Photo/Fernando Llano

coming ceremony for a Russian warship at La Guaira port, Venezuela,
Tuesday, Nov. 25, 2008. Russian warships.arrived in Venezuela
Tuesday in a show of strength aimed at the United States as Moscow
seeks to expand its influence in Latin America.



AP Photo/Fernando Llano

A RUSSIAN warship arrives in:La Guaira port, Venezuela, Tuesday,
Nov. 25, 2008. Russian warships arrived in Venezuela Tuesday.

When Russia sent two strategic
bombers to Venezuela in Sep-
tember, some drew comparisons
to the Soviet Union's deploy-
ments to. Cuba during the Cold
War.

But both countries have shown
signs of trying to engage Presi-
dent-elect Barack Obama, and
Chavez told reporters that it's
ludicrous to invoke the Cold War
to describe these naval exercises.

"It's not a provocation. It's an
exchange between two free coun-
tries," Chavez said Monday night.

The ship maneuvers inside
Venezuela's economic zone in the
eastern Caribbean will begin Dec.
1, enabling sailors to practice
reconnaissance, anti-drug patrols,
anti-terrorism and search and res-

cue. operations. Rear Adm. Luis’

Morales said the training, includ-
ing anti-aircraft exercises with
Venezuela's newly bought Sukhoi
fighter jets, will not involve live
ammunition.

The maneuvers "should be

viewed largely as a propaganda .’

exercise," said analyst Anna
Gilmour at Jane's Intelligence
Review.

"Pragmatic Russian policy sug-
gests that it will content itself with
a brief high-profile visit, rather
than a longer-term deployment
that could cause severe tensions

with the U.S., at a time when

Russia may be looking to re-



engage with the new administra-
tion," she said.

Medvedev's tour to Peru,
Brazil, Venezuela and Cuba was
planned before the financial crisis,
and Russia must now downsize
its ambitions in Latin America
because its pockets are no longer
so deep, said Fyodor Lukyanov,
the editor of Russia in Global
Affairs Magazine.

"Russia will have to put off big
projects like the construction of a
gas pipeline across South Ameri-

a," Lukyanov said. The pro-
posed natural gas pipeline is
Chavez's brainchild, a controver-
sial and ambitious plan for which
he has explored Russian invest-
ment. But Russia still has an eco-
nomic interest in selling more
weapons and boosting: business
in Latin America, and Venezuela
can help “open the doors," noted

Venezuelan political scientist _

Ricardo Sucre Heredia.

"It's a win-win. relationship for
the two countries," Sucre said.
"Russia gains in terms of its inter-
national power and its presence,

‘and Venezuela gains in terms of

having an ally."

Associated Press writers
Vladimir Isachenkov in Moscow,
Desmond Butler in Washington
and Ian James in Caracas con-
tributed to this report.

5

AP Photo/Fernando Llano

A 7008. sailors line up on the deck of a warship as they arrive in La Guaira port, Venezuela, Tuesday, Nov.




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PAGE 28, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE

Tibetan exiles

waver between
hope, confusion

@ By TIM SULLIVAN
NEW DELHI

On one side is China, the
world's most populous country,
with its generations of experience

in controlling its population and -

1.8 million police, according to
the Asssociated Press.

On the other is a poor
Himalayan region, home to some
5 million Tibetans. Its most
prominent leader hasn't been
home in almost five decades, and
its best-known politicians are in
* exile. When Tibetans tried to
stand up to Beijing last March,
the unrest was brutally quashed.

So the idea of hundreds of
Tibetan exiles gathering from
around the world to discuss the
future of their freedom struggle
might seem like an exercise in
pointlessness. Or perhaps hope-
lessness.. :

But not in the Indian hill town
of Dharmsala, where the Dalai
Lama fled after leaving Tibet in
1959 and where he has his gov-



AP Photo/Altaf Qadri, File

IN THIS NOV. 23, 2008 file photo, Tibetan spiritual leader the Dalai



TIBETAN exiles wait to welcome the Dalai Lama before a key press

AP Photo/Altaf Qadri, File



conference at the Tsuglakhang temple in Dharmsala, India.

ernment in exile. Around here,
there never seems to be a short-
age of hope.

’ "I'm always optimistic," said _
Tenzin Choeying, the head of Stu- .

dents for a Free Tibet. "You have
to be optimistic here."
But whether they should be





Lama gestures during a press conference as he warned Tibetan exile
leaders to be prudent in their plans or risk failure, in Dharmsala,
India. The weeklong conference in Dharmsala ended over the week-
end with a statement upholding the last two decades of exile policy,
the Dalai Lama’s “middle way,” which calls for Tibetan autonomy
_ through measured compromise but falls short of calling for.inde-
pendence. It’s a policy that even the. Dalai Lama acknowledges has
largely failed, and which its staunchest defenders say has left most

Tibetans deeply frustrated.





Attention all BatelNet subscribers.







optimistic is a far more compli-

cated question.

The Dharmsala talks ended last
weekend with a statement
upholding the Dalai Lama's
“middle way," which ‘calls for
Tibetan autonomy through mea-
sured compromise but falls short
of calling for independence.

It's a policy that even the Dalai
Lama acknowledges has largely
failed, and which its staunchest
defenders say has left most
Tibetans deeply frustrated.

The statement warned that the
exiles eventually might demand
outright independence if China
refuses to grant Tibet autonomy.
But it's hard to see how that
change in policy — dramatic by
the standards of the government-
in-exile — would have much
effect, if any, in Tibet.

. "I thought (the conference)

_ was a really good opportunity to

make a much stronger state-
ment," said John Powers, a Tibet
expert at the Australian National
University in Canberra.

But, he said, reverence for the
Dalai Lama, the Buddhist, god-
king traditionally at the.center of
Tibetan life, remains so ingrained
that it was difficult for anyone —
even those fervently in favor of



O THE WORLD





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day, Nov. 12, 2008. Choeying who heads the lar
itics said he was always optimistic.

independence — to come out stri-
dently against his policy.

Over the years, the Dalai Lama
has repeatedly compromised with
Beijing: rejecting calls for Tibetan
independence, speaking out
against the Tibetan violence in
the March riots, supporting the
Beijing Olympics.

"Every precondition the Chi-
nese set he has gone with it, and
he's never gotten anything in
return,” Powers said. The exiles
"asked for so little, and they gave
up so much, and now there's real-
ly not much left to negotiate."

These days, China has even
more power because of the glob-
al financial crisis, which has
increased Beijing's leverage as
financial-markets seek Chinese
help to calm the turmoil. That
makes many Western govern-
ments even less interested in
reaching out to Tibetans.

It's a situation that leaves many
Tibetans deeply confused.

"I want to be free from China
totally, but how to achieve that?"

‘asked Norbu Dhargay, a former

member of the Tibetan assembly
now living in Boston and a dele-
gate to the conference. "The mid-
dle way makes sense, but China

has not responded, China is not -

going to make any concessions."

With more ethnic Han Chinese -

moving into Tibet, and the 73-
year-old Dalai Lama's age and
health troubles forcing him to cur-
tail his travels, many exile leaders
believe there is little time to make
sure their movement doesn't
stumble into obscurity. '

"Time is against Tibet," Dhar-
gay said. "China has increasing
advantages."

INDOOR



PRESIDENT of the Students for a Free Tibet Tenzin Choeying speaks at a cafe in Dharmsala, India, Wednes-
ge Tibetan activist group and an important player in exile pol- ’

Some observers believe some
good came out of the conference.

Most obviously, the meeting
brought exiles together, said Rob-
bie Barnett, director of the mod-
ern Tibetan studies program at
Columbia University.

In recent years, the Dalai Lama
and the government-in-exile have

become increasingly distanced,

from an angrier generation of
young activists, many of whom
want an immediate declaration

‘of independence.

The radicals don't want to go
back to the days of direct mili-
tary confrontation with Beijing
— it has been decades since, the
last CIA-backed Tibetan guerril-
la units laid down their weapons.

Instead, today's radicals most-
ly push for stronger language —
demanding independence instead
of autonomy — and urging that
quiet compromise be traded for
aggressive political moves to
embarrass Beijing. They urge

such things as protests when Chi-’

nese leaders travel, and cam-
paigns to press Western nations to
join their cause.
' "The Dalai Lama got a huge
vote of support for his policy, but
it is surprising that he brought the
radicals with him," said Barnett.
"He seems to be reunifying what
was a fractured community."

As a cohesive group, he says,

’ they'll better ‘be able to face their

most pressing problem — creat-
ing a system that will survive the
death of the Dalai Lama.

The Chinese leadership
believes.time is on its side, as it
pours money, development:aid
and Han Chinese into Tibet while
the Dalai Lama grows older.

AP. Photo/Ashwini Bhatia



While Tibetan Buddhism has
generations of tradition setting
out how a Dalai Lama's successor
is found, the current Dalai Lama
has proven to be a charismatic
activist who can marshal moral
support abroad as he speaks in
favor of Tibet, spiritualism and
pacifism. The death of a Dalai
Lama — from the search for the
child seen as his reincarnation to
the generation spent training him
— traditionally has been a time of
infighting among the Tibetan
elite. That is time the Tibetan
exile movement cannot afford.

While the exile community pre-
sented a unified front at the con-
ference by supporting the middle
way, disagreement could be heard
hours later. "I'm, of course, dis-
appointed," Kelsang Wangchuck,
an exile activist, said after the
meeting closcd. "We are publicly
supporting the middle. path but
individually I am for freedom."

"We have to go for full free-
dom — independence. That's the
only option."

But what about China, which
says it will never grant indepen-
dence to Tibet — and insists the
middle way is really just a secret
plan for independence?

That is where Buddhist teach-
ings on cycles of death and rebirth
can make all the difference.

"Being Buddhist, we believe
nothing is permanent," the Los
Angeles-based delegate Tseten
Phanucharas said at the confer-
ence. "All powers do come to an
end. And China is no different."

Associated Press writer Sam
Dolnick in Dharmsala, India, con-
tributed to this report.

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THE TRIBUNE

THURSDAY, NOVEMBER 27, 2008, PAGE 29



goes

lm By GREGORY KATZ
LONDON

Eleanor Rigby: fact or fic-
tion?

That question, which has
bedeviled Beatles’ fans for
decades, may. be answered in
part by a 1911 hospital pay-
roll sheet to be auctioned in
London on Thursday, accord-
ing to the Associated Press.

The document, sent by Paul
McCartney in 1990 to the
director of a music charity
who had asked for funding,
contains the signature of a
scullery maid named "E. Rig-
by" who worked in a Liver-
pool hospital. ,

The director of the compa-
ny auctioning the document
believes the woman who
signed the payroll is the same
Eleanor Rigby buried in 1939
in a Liverpool graveyard next
to the church where McCart-
ney met the young John
Lennon.

"I've spoken to the person
who lived in the house where
she used to live, and they've
confirmed that the signature
is the same signature of the
person in the graveyard," said
Tom Owen of the Fame
Bureau auction house, adding
that the finding may contra-
dict McCartney's longtime
assertion that the song was
based on a made-up charac-
ter.

"It's intriguing that McCart-
ney owned it because he says
he created the song around a
fictitious figure," said Owen.
"And yet, how did he have
this document and why did he
have it? When he was asked
to donate money, he sent
this."

INTERNATIONAL NEWS

Mystery ‘Eleanor |
Rigby' document
to auction





AN ENTRY for Eleanor Rigby, a scullery maid, fifth line from bottom, is seen
in a page from a 1911 Corporation of Liverpool accounts book, in London,

Monday, Nov. 25, 2008.

Interest is so high it's esti-
mated the document may
fetch $750,000.

McCartney has said the
song was not based on a real
person but concedes he may
have been subconsciously
influenced by seeing the tomb-
stone.

When the auction was
announced earlier this month,
he released a statement reit-
erating that the character was
not real. "If someone wants
to spend money buying a doc-
ument to prove that a ficti-
tious character exists, that's
fine with me,"
said.

The payroll sheet was
signed by "E. Rigby" after she
collected her pay at Liver-
pool's City Hospital. McCart-
ney has not revealed how he
got the document, or why he
sent it to the charity 18 years
ago. |

According to the tomb-

stone, Eleanor Rigby was.

born in 1895. If she is the

McCartney |

Beatles instruments,"

_woman who signed the hospi-

tal payroll, she would have
been about 16 at the time. She
worked as a maid washing
pots and pans in the hospital
kitchen, the document says.
he song "Eleanor Rigby,"

released in 1966 as a single

and on the _ Beatles'

"Revolver" album, represent-
ed a sharp break for.the band,
which until then had largely
relied on cheerful tunes for
their international hits.

’ With its haunting refrain,
"Ah, look at all the lonely
people," it is a devastating
portrayal of an isolated
woman whose death draws so
little notice that no one
attends her funeral.

‘There are no rock 'n' roll
guitars or drums on the
somber track — McCartney's
lead vocal is backed by vio-
lins, violas and cellos arranged
by Beatles producer George
Martin.

"It's a Beatles song with no
said

Myles] oN seam eae ere mee) pn left are etl Ween John Lennon, Ringo Starr and George Harrison

Abe O oem w se
oil that es of CONS

ey a d)os

FU UPTO AeA TALS
cL WCET ait oe and development

D eee byNassau Agencies Lid.

ob ole tc}oL:

AP Photo/Sang Tan —

ANNIE MAWSON, Founder and Chief Executive of Sunbeams Music Trust charity, poses with a page from







AP Photo/Sang Tan





a 1911 Corporation of Liverpool accounts book with an entry for Eleanor Rigby, a scullery maid, in London,
Tuesday, Nov. 25, 2008. The only known documentation of Eleanor Rigby, sent to the Sunbeams Trust char-
ity without explanation by Beatles member Paul McCartney, and said to be the inspiration behind one of their
most-loved songs, is to be auctioned by The Fame Bureau, with an estimated price of GBP500,000

(USD758,000; euro 586,000).



“It’s intriguing
that McCartney
owned it
because he says
he created the
song around a
fictitious —
character.”



Tom Owen

Glenn Gass, a rock historian
who teaches a course on the
Beatles at Indiana Universi-
ty.

"It's just so bleak and so
sad: she picks up the rice at
someone else's wedding, the
whole image of her wearing a
face that she keeps in a jar by
the door. There are things
happening emotionally that
you just can't see. It's not a
pop song in any traditional
sense, but it's one of their
great songs."

- Lennon and George Harri-
son sing harmony; Ringo Starr
does not play or sing, although

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Beatles experts say he con-
tributed one line to the lyrics.
"Eleanor Rigby" is credited
to the Lennon-McCartney
writing team, but it is widely
regarded as primarily by
McCartney.

McCartney has said he con-
sidered naming the woman in
the song "Daisy Hawkins." He
also mulled naming the
unsympathetic priest "Father
McCartney" but decided on
"Father McKenzie" so his
own father wouldn't be bur-
dened. The song has had so
much impact that a statue
honoring Eleanor Rigby — be
she real or imagined — has
been built in downtown Liv-
erpool. Passers-by often place
flowers there. ,

Owen said "every penny"
from the auction will go to
Sunbeams Music Trust, a
charity that provides music
instruction to people with spe-
cial needs.

The charity's founder,
Annie Mawson, received the
document from McCartney
after writing him an 11-page
letter seeking help for her
foundation, which uses Beat-
les songs, among others, to
teach music to people with
physical and mental disabili-

Why

ties. She has found, for cxam.
ple, that autistic childrer
respond well to Beatles music

"IT told Paul McCartney hov
his music had helped so many
vulnerable children," she said

She hand-delivered the let-
ter to McCartney's Londor
office in 1989 and received the
hospital payroll document ir
the mail the following year. I
was in an envelope carrying
the logo of McCartney's worlc
tour, but did not contain any.
note. "I think my letter movec
him, so he sent me this beau.
tiful parchment document, <
ledger, from 1911, showing E
Rigby," Mawson said. "My
head was whirling when I sav
the significance."

Her plan is to use the pro-
ceeds from the auction tc
finally build a music instruc-
tion center in Cumbria, Eng:
land, where the charity is
based.

"This is what.I dreamt
about in the '90s," she said.
explaining that she held the
document for years as the val-

_ ue of Beatles memorabilia

soared. "It's taken this long
to develop the charity and get
a good team behind it and
now we really need a proper
center."

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PAGE 30, IHURSDAY, NOVEMBER 27, 2008

THE TRIBu. .—



Greenlanders vote on expanding autonomy

@ By JAN M. OLSEN
COPENHAGEN, Denmark

Greenlanders braved the
gloom of polar night to vote
Tuesday on whether to seek
more autonomy from Denmark,
amid growing speculation that
this barren Arctic island may
be sitting on oil reserves,
according to the Associated
Press.

he referendum is non-bind-
ing but a

step toward independence for
the territory, which relies on



"yes" would be a key’

Danish subsidies to sustain its
economy in one of the world's
most hostile environments.

The small, mostly Inuit, pop-
ulation is voting on a proposal
to give Greenland its own police
force, courts of law and coast
guard and to make Green-
landic, an Inuit tongue, the offi-
cial language.

Most importantly, it would
set new rules on how to split
potential oil revenue between
Greenland and Denmark.
Greenlanders hope to find
reserves off the western and



A YOUNG GIRL helps a man vote at a polling stations in Nuuk, Greenland

Tuesday Nov. 25, 2008 ina referendum on expanding home rule in the vast '
but sparsely populated Arctic-island: ree ane isa semiautonomous.Dan- -

ish teOONY:

4

southern coast of the glacial
island, although exploration so
far has been unsuccessful.
Voters turned up at voting
stations in 18 municipalities
across the island, from the cap-
ital, Nuuk, just below the Arctic
Circle to the remote northern
outpost of Siorapaluk, where

' 24-hour darkness reigns during

wintertime.

Some were dressed in tradi-
tional Greenlandic clothes, with
seal-skin boots and colorful
knitted sweaters.

A poll of 1,009 people in local
newspaper Sermitsiaq said 61
percent would vote "yes" in the
Cae and 15 percent would
vote "

The 1 ret were undecided or
would not vote. Pollster HS
Analyse gave no margin of
error.

The outcome of the referen-
dum is likely to be respected
because Denmark supports
greater autonomy for Green-
land and a phase-out of an
annual Danish subsidy of about
3.5 billion kroner ($588 million),
which accounts for two-thirds

of the island's economy.

The subsidy, which has risen
gradually since 1979, would
remain at the current level if
Greenlanders say "yes" and be
phased out if the country starts

. making money from oil.

About 39,000 people are eli-
gible to vote in the referendum;
which is based on the recom-
mendations this year-of a Dan-
ish-Greenlandic commission

_ assigned to identify areas in

which to expand home rule.
Under the plan, Greenland
would have more control over
their natural resources by get-
ting the first 75 million kroner
($12:6 million) of annual oil rev-

enue. Any income beyond that.

would be shared equally
between Greenland and Den-
mark.

The current agreement states
that the first 500 million kroner
($84 million) of oil revenue
should be shared equally, and
that the division of any amount
beyond that must be negotiated.

In 2001, drilling for oil and
gas in the deep ocean off

Greenland's west coast resumed.
30 yeats-after a previous effort?
failed:to find any-petroleum.»





AP Photo/Leiff Josefsen

AMAN votes at a polling. stations in Nuuk, Greenland on Tuesday Nov. 25, 2008 in a reforsaelurn on expand-
ing home rule in the vast but sparsely populated Arctic island. Greenland is a semiautonomous Danish ter-
ritory. The small, mostly Inuit, population will decide on a proposal to expand home rule to: 30 new areas,
including police, courts of law and maritime environment. It also sets guidelines on how to split potential oil
revenue between Greenland and Denmark.



“I suppose
some people
may not go to
the voting
places if
there’s a
storm or bad
weather.”



Lars Villadsen

The renewed search comes as
countries in the northern region
stake their claims to natural
resources exposed by the melt-
ing.of the Arctic ice cap.

- --Greenland became.a Danish - ..
_ colony in 1775 and remained so

until 1953, when Denmark
revised its constitution and
made the island a province.
Under the 1979 Home Rule
Act, Greenland got its own par-
liament and government, and
self-determination in health
care, schools and social services.

Foreign and military affairs
are controlled by Copenhagen
and Denmark's Queen Mar-
grethe is the head of state.

~All of Greenland's main
political groups support more
autonomy except the small
opposition Democrats, who
have questioned whether the
island can afford to take over
the more than 30 new areas of
responsibility outlined in the
referendum.

’ Opponents have also raised
concerns about Greenland's
social problems, such as wide-
spread alcohol abuse and a high
suicide rate.among teenagers.

Greenlanders, older than 15 |
drink an average “of 11.6 liters »

(more than 12 quarts) of pure
alcohol per year, the highest in
the Nordics, according to offi-
cial health statistics.

The Arctic island's suicide
rate for teenagers between ages
of 15 and 19 is 400 per 100,000,

_or 13 times higher than the rate

in Denmark, according to offi-
cial statistics. Election officials
were hoping for a high turnout
despite freezing temperatures,
ranging from 28F (-2C) in Nuuk
to -8F (-22C) in Thule, which is
home to a US. air base, some
950 miles (1,530 kilometers)
from the North Pole.

"I suppose some people may
not go to the voting places if
there's a storm or bad weath-
er," said Lars Villadsen, a sec-
retary for the election board.

Nevertheless, he said Green-
landers felt strongly about the
referendum and he expected
turnout to exceed the-.67 per-
cent who voted in 2005 Panis
mentary elections.

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INTERNATIONAL NEWS







») Vi THIS UNDATED handout photo provided by NOAA shows the hull remains of the so-called “Black Rock Wreck”

Researchers discover

“Trouvadore slave ship SALE

Yamaha Outboards
20% Discount Off

AP Photo/Search for the Slave Ship Trouvadore/NOAA

_ measured: and compared to the dimensions of known shipwrecks off East Caicos. Through a meticulous

Hh : process of elimination, the archaeological team was able to rule out all of the ships except the Spanish slave
\ ship Trouvadore. Archaeologists have found the remains of a Spanish slave ship that wrecked in the
ADs Caribbean 167 years ago. The 192 African. survovors settled in the Turks and Caicos islands, where many

residents today are their descendants.

: mBy RANDOLPH E. SCHMID
i» AP Science Writer
WASHINGTON

. « Marine archaeologists have
“found the remains of a slave
hip wrecked off the Turks and
Caicos Islands in 1841, an acci-
dent that set freé the ancestors
of many current residents of
those islands, according to the
Associated Press.
Some 192 Africans survived
‘the sinking of the Spanish ship
Trouvadore off the British-ruled
slands, where the slave trade
‘ was banned.

Over the years the ship had
been forgotten, said researcher
=< Don Keith, so when the discov-













"was a kind of shock, a lack of
in a briefing organized by the

* Atmospheric Administration.

But after word got out "peo-
ple really got on board with it,"
he said, and the local museum
has assisted the researchers. He
said this is the only known
| wreck:of a ship engaged in the
illegal slave trade.

Keith and his’co-researchers



from the Texas-based Ships of |

Discovery organization came
across a letter at the Smithson-
ian Institution that referred to
the sinking and began their
search for the ship.



= ~ Trinity
a . Annual

oh, ery, connected the ship .to cur-"
pont residents the first response *

comprehension.” he explained:

U.S. National Oceanic and.

Methodist Church |

4] HOLIDAY

P Seay eee

Saturday 29th November 2008 -
12 noon - 6:00 pm

"The people of the Turks and
Caicos have a direct line to this
dramatic, historic event — it's
how.so many of them ended up
being there. We hope this:dis-
covery will encourage the peo-
ple of the Turks and Caicos to
protect and research their local
history, especially the history
that remains underwater," he
said.

"It really is a mystery, it's a
detective story," added marine
archaeologist Toni Carrell.

"We do all of this because we
recognize the importance of his-
tory. This is an important part
of the Turks and Caicos histo-
ry," she said.

The team was-able to deter-

“inine that authorities on the:
“islanids‘apprenticed the Africaris
to trades for a year and ‘then:

allowed them to settle on the
islands, many on Grand Turk.
The Spanish crew was arrested
and turned over to authorities in
Cuba, then a Spanish colony.

An 1878 letter refers to the
Trouvadore Africans as mak-
ing up the pith — meaning an
essential part — of the labor-
ing population on the islands.

When the wreck was first dis-
covered in» 2004 it was named
the Black Rock ship because
the researchers were unsure of
its identity. They have since
become convinced by the timing
and design of the vessel that it is
the Trouvadore.







penn














"We were not fortunate

_ enough to find a bell with

'Trouvadore' on it," Carrell
explained. Useful parts of the
ship had been salvaged before
winds and currents carried it
into deeper water.

"It's rare and exciting to find’

a wreck of such importance that
has been forgotten for so many
years," said Frank Cantelas,
marine archaeologist for
NOAA's. Office of Ocean
Exploration and Research.
The team also found the
remains of the U.S. brig
Chippewa, a ship built for the
War of 1812 which was engaged
in chasing pirates when it was
lost in 1816. That vessel was

“identified by the unique type of
‘cannons, called, carronades, at's
‘cartied. ~

Indeed, the researchers said
the Turks and Caicos now’ pos-
sesses one of the world's best
collections of carronades.

NOAA provided ‘about. .

$178,000 to assist the research.






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THURSDAY, NOVEMBER 27, 2008, PAGE 33



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INTERNATIONAL NEWS



N says aid to Darfurians can't go on indefinitely

m By SARAH EL DEEB
KALMA CAMP, Sudan

The U.N. humanitarian chief warned.Tuesday that international

‘aid for millions of Darfur residents can not go on indefinitely and

said the Sudanese government and rebels must negotiate a solution that
would allow the displaced to return home, according to the Associated
Press. John Holmes made the comments as he visited Kalma camp,
home to around 100,000 of the more than 2.5 million people displaced
by fighting in the large region of western Sudan since 2003.

Earlier this month, Holmes appealed for $2.2 billion in donations to
fund U.N. aid for Sudan, most of which would go to Darfur. The
world body is providing food and other supplies not only to residents
of camps but also to 2 million more Datfuris who are affected by the
war but remain in their homes.

Holmes said that while security in Darfur continues to deteriorate
and more people are being displaced by violence, many cases are not
emergencies because people are reasonably well settled in camps.

"People are -.ot dying of starvation," he told reporters. But "the
problem is that people have been in camps for four or five years now.
We need to find some solutions quickly so we don't have to go on doing
this indefinitely."

"Tt certainly depends on the generosity of the donors, which has been
there so far. That generosity has its limits," Holmes added. "Obviously
the thing is to find a solution, a negotiated solution which will allow peo-
ple to go home and start their lives normally that is their objective."

The United Nations is trying to persuade Darfur rebels to open
new peace negotiations with the Khartoum government after Sudanese
President Omar al-Bashir offered a cease-fire and said he was willing
to address some rebel demands. So far, rebels have rejected an imme-

diate cease-fire} demanding Khartoum disarm the feared Arab militias:

known as janjaweed. Meanwhile, government forces and airplanes
have bombed roads and clashed with rebel fighters in some areas in
northern Darfur since the cease-fire offer, feeding the rebels’ distrust.

The conflict in Darfur has pitted the Arab-led Khartoum government
against mainly ethnic African rebels who rose up in 2003, complaining
of discrimination. Khartoum is accused of unleashing the janjaweed,

who have waged a campaign of violence against ethnic African civilians, .

’ including killings and rapes. U.N. officials say up to 300,000 people have

!
|

been killed in the conflict. The government says the figures are exag-
gerated.

Al-Bashir also faces a possible arrest warrant from the Interna-
tional Criminal Court after prosecutors there announced genocide
charges against him for allegedly ordering the campaign against civil-
ians. ICC prosecutors have also announced war crimes charges against
three rebel leaders for allegedly leading a 2007 attack on U.N. peace-
keepers. Holmes on Tuesday met with tribal leaders in Kalma, some of
whom asked for greater security, pointing to a government attack on
the camp in August in which 33 residents were killed. Khartoum has
said the operation aimed to root out gunmen sheltering in the camp.

Darfur has also seen an increase in attacks by armed bandits on aid
workers, particularly hijackings of vehicles and equipment. Holmes
warned that the attacks could effect efforts to get humanitarian help to
Darfur residents outside the main camps.















AP Photo/Sana

SYRIAN PRESIDENT Bashar Assad, right, meets with the Sudanese
minister of industry, Jalal al-Dageir, in Damascus, Syria, Sunday Nov.
16, 2008. Syria’s official news agency /SANA/ said al-Daqeir conveyed
to Assad a message from the Sudanese President Omar Hassan al-
Bashir dealing with the recent developments on the Sudanese arena in
general and in Darfur in particular.



China expands police presence below Mount Everest

@ By CHRISTOPHER BODEEN
BEIJING

China's border police have significantly
beefed up their presence at the base of
Mount Everest amid rising visitor numbers
and increasing cases of theft, prostitution

and gambling, state media reported Tues- °

day, according to the Associated Press.
The influx of people to the area has
brought increased crime to the north face of

' Everest, and Chinese authorities last year

C



pledged to boost the polide presence fol-



lowing reports of thefts of food, oxygen
tanks and climbing gear. .

Visitors to Everest also complain about
unethical guides, tricksters selling defec-
tive oxygen bottles, prostitution and gam-
bling on the Tibetan side.

A former police post housed in a trailer
has been upgraded to a full police station,
complete with a modern 19,375-square-foot
(1,800-square-meter) facility situated at
17,060 feet (5,200 meters), according to the
report.on the Tibet Daily's Web site.

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The report said the station had opened
recently but gave no exact date and calls to
the border police command in Tibet's cap-
ital, Lhasa, rang unanswered.

The officers are charged with securing
the boarder, combating crime, and helping to
clean up used oxygen canisters, discarded
tents, and other garbage littering the area,

the report said, citing the station’ s com,

SUDANESE PRESIDENT
Omar Hassan al-Bashir,
right, is greeted by a
supporter during a con-
ference in Khartoum,
Wednesday, Nov. 12,
2008. Al-Bashir has
announced a unilateral
cease fire by govern-
ment forces in the dev-
astated Darfur region
and is calling for rebels
~ to join in peace negotia-
tions.

AP Photo/Abd Raouf

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Atlantic Medical Insurance (AMD), part of the Colonial Group of Companies
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will provide support services to all of the Colonial Companies 1 in The
Bahamas.

CGI, with offices in Bermuda, the Cayman Islands, the British Virgin
Islands as well as The Bahamas, offers a complete range of premier financial

.and insurance services and, over the past few years, has undertaken

significant growth. This is an opportunity to be part of a rapidly growing
innovative company, focusing on providing clients with first class service
and access to competitive products.

The Compliance Officer for The Bahamas operation will report to the
Colonial Group Compliance Officer in Bermuda and administratively, to
the business unit leaders for each of The Bahamas companies.

The primary purpose of this job is to support management in the achievement
of their objectives in accordance with company policies and procedures
and also to ensure compliance with corporate requirements under applicable
laws, regulations, and guidance. The post will also be responsible for Anti
Money Laundering and Counter-Terrorism Financing (AML/CTF).

The successful candidate should possess:-
A Bachelors degree in law or other relevant subject
A professional compliance designation is preferred
Relevant experience in compliance
Sound knowledge of company law and law relating to AML/CTF
compliance in The Bahamas
Knowledge and experience in an insurance environment is preferred
Competent with standard Microsoft software applications
Good communication, presentation, and writing skills

’

Compensation for the successful candidate will be attractive and linked to
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If you have a keen commitment to quality results and want to contribute
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Or email to:

bs_hr@atlantichouse.com.bs

The closing date for applications is sth December, 2008


PAGE 36, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE



INTERNATIONAL NEWS

unni might withhold support for US pact

U.S. SOLDIERS stand
guard during a ceremony
for the opening of the
headquarters of the local
Awakening Council in the
dominantly Sunni neigh-
borhood of Fadhil in
Baghdad, Iraq, Tuesday,
Nov. 25, 2008.

Karim Kadim/AP Photo -

We're looking for a few good
- people to join our team.

DO YOU HAVE
WHAT IT TAKES?

Apply for the position of

Sales EEOnn

al ‘ble to manage te

Sk ee a

Please drop off resumes to

The Tribune

Shirley & Deveaux Streets
or email: tribune@tribunemedia.net
c/o Sales Manager





lm By CHRISTOPHER
TORCHIA
BAGHDAD

A leader of the largest Sun-
ni Arab bloc in parliament
hinted he might withhold sup-
port for a proposed pact that
would allow. American troops
to stay in Iraq through 2011,
making it difficult for the Shi-
ite-led government to win the
big victory it needs in Wednes-
day's vote, according to the
Associated Press.

A comfortable parliamen-

- tary majority would ensure the

legitimacy of an agreement
that sets a clear timetable for
U.S. withdrawal after years of
war and could lead to full sov-
ereignty for Iraq.

But intense debate and
backroom dealing continued
over the pact, which has sup-
porters and detractors from
both Sunni and Shiite com-
munities jockeying for political

‘gain ahead of provincial and

general elections next year.

"The national division over
the agreement is very clear,"
said Vice President Tariq al-
Hashemi, who leads one of
three parties in a Sunni bloc.
called the Iraqi Accordance
Front. "Consensus appears to
be very difficult, if not impos-
sible," he said Tuesday.

Al-Hashemi is a member of
a Sunni bloc that seeks a
national referendum on the
U.S.-Iraqi security pact and
other concessions in exchange
for its support for the agree-
ment, a position that Prime
Minister Nouri al-Maliki has
described as political black-
mail.

Even if parliament passes
the deal — only the barest of



AP Photo/Hadi Mizban

IRAQI BOYS play with marbles during a joint U.S. and Iraqi military
security sweep in the Sadriyah neighborhood in Baghdad, Iraq,
Tuesday, Nov. 25, 2008.



“The national
division over
the agreement is
very clear.
Consensus
appears to be
very difficult, if
not impossible.”



Tariq al-Hashemi

majorities would do the trick
— it faces an additional hurdle

_because the three-man Presi-

dential Council, which
includes al-Hashemi, must
then ratify it. Each of the
three has veto power.
Another obstacle is that if:
the agreement: passes with a

- narrow majority, it could

prompt, the country's most

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influential Shiite cleric, Grand

_ Ayatollah Ali al-Sistani, to

express his dissatisfaction pub-
licly. That would likely sink
the deal. Al-Sistani is revered
by Iraq's majority Shiites. He -
has indicated that the agree-
ment was less than ideal but
would not object if it passes
by a comfortable majority.

If the deal is finally

‘approved, it would set in

motion an American with-
drawal that could be acceler-
ated if President-elect Barack
Obama makes good on a plan
to pull out all combat troops
within 16 months of moving
into the White House in Jan- .
uary. But the Iraqi govern-
ment has struggled to win over
skeptical lawmakers, who see
an easy political target in an
agreement negotiated with a
foreign government that has
forces on Iraqi soil. Debate in

‘parliament degenerated into

scuffles last week, and Iraqi
leaders have delivered increas-
ingly dire warnings about the
security. and economic threats
to Iraq if the deal does not
pass. U.S. forces are currently
operating under a U.N. man-
date that expires Dec. 31. If
the security pact is rejected
and the U.N. mandate is not
renewed, American forces
would be confined to their
bases, leaving Iraqi, troops to

“fendd for themselves in a coun-

try where security concerns
have hampered development.

"The alternatives are dan-
gerous," Deputy Prime Min-
ister Barham Saleh said.
"They will push Iraq and its
young political experiment
into the unknown. ... Let us

- not play with the future of this

country."

A senior Sunni lawmaker.
Omar Abdul-Sattar, said the
Presidential Council was
working on a package of polit-
ical reforms demanded by sev-
eral blocs in exchange for their

' support of the agreement.

The package would be put
to a vote in parliament
Wednesday, al-Sattar said. If
approved, it would go to the
Presidential Council for rati-
fication, he said.

The White House expressed
hope that parliament would
approve the pact, and referred
to bombings in Baghdad a day
earlier that killed at least 22
people, by an Iraqi count.

"If you look at the violence
that took place there yester-
day — that was indiscriminate
and killed many people — it
reminds us that the Iraqis have
come a long way," White
House press secretary Dana
Perino told reporters. "But
they're not quite there yet to
be able to take care of all their
security needs on their own,
and they continue to need our
support."

Al-Maliki's Cabinet has
approved the agreement. But
the ruling coalition's main Shi-
ite and Kurdish partners
would muster only a slight
majority in the 275-seat legis-
lature if the 44-seat Accor-
dance Front, also represent-
ed in the coalition, remains
opposed to the agreement.

Thirty lawmakers loyal to
anti-American Shiite cleric
Muagtada al-Sadr have reject-
ed the deal. ~

The deal requires U.S.
forces to withdraw from the
cities by June 30 and from the
entire country by Jan. 1, 2012,
and places them under strict
Iraqi oversight. It gives Iraq
limited judicial rights over

Vi

* except on red tagged and net items

1G) aaa

Home Decor

USS. soldiers and civilian Pen-
tagon employees in the case
of serious crimes off-duty and
off-base, and bars U.S. forces

Baby Items
| from using Iraqi territory from

LE attacking neighboring nations.
Housewares ee

Associated Press reporter
Glasswa | = Qassim Abdul-Zahra con-

tributed to this report.

Mall at Marathon
Monday-Friday a 00am-8:00pm
ACLs ole) etna)

Saturday
Sunday
www. RA AW er com

Tel: (242) 393-4002
Fax: (242) 393-4096


THE TRIBUNE

THURSDAY, NOVEMBER 27, 2008, PAGE 37





‘INTERNATIONAL NEWS




Petros Giannakouris/AP Photo

AN IRAQI CHRISTIAN woman leaves a Church in Tal Kaeef, north of Mosul, 225 miles (360 kilometers) north-
west of Baghdad, Iraq, on Tuesday, Nov. 11, 2008. Since the U.S.-led invasion in 2003, Iraqi Christians have
been targeted by Islamic extremists who label them ‘crusaders’ loyal to the United States. Many Christians
here say they want to flee and , if possible, abandon a town where their ancestors have lived for generations.

Some fearful Christians
are hoping to flee Iraq

@ By DENIS D. GRAY
TAL KAEEF, Iraq .

Young Christian women in
tight jeans mingle easily with
Arab matrons draped in black,
_ head-to-toe robes. Both church
'. Spires and mosque minarets rise
above the low-slung houses.

Violence is rare; according to’

the Associated Press.

"The people here ldok out

for each other — Arabs, Chris-
tians, Kurds, Yazidis. If all of

Iraq was like this, it would be a

great place," said Ist Lt. Jeremy
Glosson, leading ‘a,U.S. Army
patrol through Tal Kaeef's
medieval-like alleys.

And yet, many Christians
here say they want'to flee a
town where their ancestors have
lived for generations and, if pos-
sible, to abandon a country
where their religion has sur-
vived for some 2,000 years —
longer than in Europe — but
one they fear is growing ever

“more violent:,

ms "Nobody is threatening | us,
‘but it's still dangerous., ‘Ail the
Christians want to leave. I want
to leave now,":said Robert
Esho, a 35-year-old resident,

reflecting a national community

on nerve-edge, where even
small-scaled incidents can spark
panic.

Last nidntl; in the nearby. .

northern city of Mosul, about
10,000 Christians by govern-
ment estimate bolted from their
homes after several killings and
intimidating incidents, general-
ly believed. to have been car-
ried out by Islamic militants.

Most recently, their fears

were heightened when gunmen
attacked the home of a Christ-
ian family in Mosul, killing two
sisters and wounding their
mother. The attackers booby-
trapped the house and an Iraqi
policeman was injured ina blast

when he came to investigate, »

US. officials said.

Some Mosul residents are fil-
tering back, but others are living
with relatives in the safer coun-
tryside or have sought refuge
in neighboring Syria despite

government pledges of finan-

cial support and protection.

The recent flight of Christians
occurred against a backdrop of
violence against the faith. .

Churches, priests and busi-

nesses of the generally prosper-
ous, well-educated community
have been attacked by militants
who denounce Christians as
pro-American "crusaders" —
reference to the European
knights who warred against the
Muslim Middle East in the 9th
through the 11th centuries.
Some ‘Christian women now
wear Islamic veils for fear of
being set afire or killed.
. In an exodus which began
after the 1991 Gulf War, and
escalated dramatically after the
U.S.-led invasion in 2003, Iraq
has lost more than half its Chris-
tian population of some 1 mil-
lion. °

In Mosul, now Iraq's dead-
liest city, this year opened with
coordinated attacks on church-
es and monasteries as Christians
celebrated Epiphany. The body
of Paulos Rahho, the Chaldean
Catholic archbishop of Mosul,
was found in March following
his abduction by gunmen after a
mass.

"Over the last six to seven
years we have endured only
tragedy so the future may prove
to be just like the past," said
Youell Adam al-Reekami, own-
er of a dry goods store here
whose brother lives in New
Zealand. Some relatives left for
Syria two months ago.

Tal Kaeef, with some 20,000
people, has been largely spared
the worst violence, having made



“Nobody is
threatening
us, but it’s still

dangerous. All

the Christians

want to leave.”



Robert Escho

an effort to isolate itself from
Mosul, some 12: miles to the
south, and retain its traditional
tolerance.

The town includes many of
Iraq's ethnic and religious
groups — the Kurds, who dom-
inate Iraq's northernmost
provinces; much-persecuted
Yazidis, adherents of a faith that

combines ancient beliefs with .
-elements of Judaism; Christian-: *

ity and Islam; Christians of sev-
eral ancient sects; and Sunni
Muslims, who make up the
majority.

It is encircled by a defensive
earthen wall erected in recent
years and protected by Iraqi
forces and Kurdish militia, said
Glosson, a platoon leader with
the 3rd Armored Cavalry Reg-
iment from Huntsville, Ala.
Violence in general is rare here,
with Glosson and police saying
there were fewer than six inci-
dents in the past-year.

But Tal Kaeef has not been
able to cloister itself from the
general atmosphere of fear.

When a car bomb exploded
this summer at the town's police
station, Christian families. liv-
ing nearby fled their homes in
the mistaken belief that they

‘had been the targets, the lieu-

tenant said.

And last month, some 200
Mosul families found refuge
here, further fueling anxiety.
These included Hanny Kamel
Nasser, his wife, five children
and other relatives, who fled to
the town after his cousin was
killed by gunmen in Mosul "just
because he was a Christian."

Nasser said he was more
afraid of the climate of violence

in Iraq than the religious divide
. between Christians and Mus-

lims.

"There is just no law in this
country. Judges won't sentence
criminals because they are
afraid," he said. "How can there

be a future here, in a culture ,

like this? " ,

Nasser said he wants to sell
his vehicle repair shop, and
move his family to where many
are fleeing — villages farther

‘north and west in Nineveh.

province which are predomi-
nantly Christian and protected
by the Kurds and even their
own armed guards. Some Chris-
tian groups harbor what is prob-
ably ‘a hopeless dream: carving
out an autonomous zone in this
region.

"It is all terribly sad," said al-
Reekami, talking-of the diaspo-
ra of his people and Tal Kaeef's
deep Christian roots.

Down a narrow, winding
alley crowded with square,
stone and mud houses with high
walls and inner courtyards —
variously reminding Glosson's
soldiers of medieval Italy and
biblical times — stands the
imposing Church of the Sacred
Heart of the Chaldean Catholic
Church, some of whose mem-
bers still speak. Aramaic, the
language of Christ, and recog-
nize the authority of the pope.

Others in the town adhere to

the Ancient Church of the East :

of the Assyrians, descendants

- my Kurdish friend,"

_of an ancient empire who con-

verted to Christianity in the 1st

century A.D., six centuries

before the coming of Islam.
"We used to live as one fam-

ily. Here is my neighbor and

brother, an Arab. And here is
said al-
Reekami, gesturing toward two
old men, who both nodded

‘assent. "I have known some of~

these people for 50 years."
Nasser described how his
Arab. neighbors stopped

‘masked intruders from trying

to break into his house after the
family fled. Others ftom his al-
Saah neighborhood’ told
assailants, "If you want to kill
the Christians you must kill us
first."

Maher Jebraeel Asmar, who
returned to Tal Kaeef from
Detroit to help his pregnant
wife with the process of entering
the United States, also
expressed hope.

"If the situation becomes bet-
ter, if there is safety, my family
will.come.back," he. said,."It's
our country. We have lived here
for centuries."

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PAGE 38, THURSDAY, NOVEMBER 27, 2008

s COMIC PAGE

THE TRIBUNE







Tribune Comics

JUDGE PARKER

AS SAM ENTERS
HIE HOTEL ROOM
HE HEARS A VOICE
BEHINP HIME















UH---IT'S
A LITTLE
LATE AND




YOU WERE
TALKING ON
THE PHONE!








DIXIE...I DIDN'T
HEAR YOU COME
UP BEHIND ME!

T/M NEVER DRINKING
BOURBON AGAIN-’
I MADE
“A FOOL OF MYSELF
LAST NIGHT COMPLAINING
ABOUT GARY.




‘©2008 by North America Syndicate, Inc. World rights reserved.



WOW! "GASOLINE ALLEy"

IS CELEBRATING 90
YEARS TODAY!

CAN YOU BELIEVE A
COMIC STRIP COULD BE SO
GOOD FOR SO LONG?

‘© 2008 by King Features Syndicate. Inc. World Rights reserved





TIGER

WE'RE CLOSING
OUR TREE House
FoR THE SEASON



HAGAR THE HORRIBLE

WEN Ue see Or EMEA OL TERE, 1 ME Ne SIMO ELIE AT) Kuch simpler had he nie
FORGETTING OUT THOEE YOU LEFT BPHIND ie PERS LEE it much simpler had he noticed




* ©2008 by King Features Syndicate, Inc. World right

' CRYPTIC PUZZLE :

Across in a Me Down
1 Pot roast? (5) ‘ 2 Instrument with the stamp

8 Common sense about a of fine stuff (8)
habit arousing disgust (8) 3 Left in error? (3,5)

9 An entrance made of 4 Holy area in outskirts of
stone (5) Samarkand (6)




10 Wet weather.at the start of 5
December is tiresome (8)

11. It can turn into quite 6
a lark (5)

12 Spot of bother some meet’ 7
head-on (3)

16 Sid has to be back before 12
she cooked meals (6)

17 Making port, Edward was 13
very boisterous (6)

18 A bird that is quietly going 14

Meat jelly made with a
non-Eastern spice (5)

Is old, perhaps, but

. dependable (5)

A habit socially acceptable
and wise (5)

Clasped at the heart — by
Cleopatra? (3)

Naturally it lacks
refinement (3)

The mannequin went









THINGS ABOUT,
MEN 7











CALVIN & HOBBES

WhEN I gRoW Up, 1
WAN+ to bE AN INVENTOR.
First I Wilk INVENT

4 tiMeE MACHINE.







TL DIDN'T HEAR
ANYONE ARGUING

SHOWING UP ON WALTS
DOORSTEP.”

ThEN I'LL coMe back
to YesteRday



“WHAT A STORY, LITILE SKEEZIX “KINDA LIKE ME
SHOWIN’ UPON YOUR
DOORSTEP ENERY DAY.”








Sunday

aNd taKE MYSELF
to TOMORROW

aNd SKIP +HIS
dumb ASSIGNMENT.



_ Sudoku Puzzle ~

Sudoku is a number-placing puzzie based on a 9x9 grid with
several given numbers. The object is to place the numbers 1 to
9 in the empty squares so the each row, each column and each
3x3 box contains the same number only once. The difficulty
level of the Conceptis Sudoku increases from Monday to





oS
oo9



Re
SoS
os

sSoS

Se.

SS
eS 2
Soe

SOs

SS
><>





Difficulty Level *



ARMERONE \-24











©2008 Conceptis Puzzles, Dist. by King Features Syndicate, Inc.

11/24

Best described as a number crossword, the task in Kakuro is to
fill all of the empty squares, using numbers 1 to 9, so the sum of
each horizontal block equals the number to its left, and the sum
“of each vertical block equals the number on its top. No number
may be used in the same block more than once. The difficulty
level of the Conceptis Kakuro increases from Monday-to Sunday.











co|co|no
lols
pa



E= 4 ©2008 by North America Syndicate, Inc, World rights reserved.







Bes









Difficulty Level *&

Predrag Nikolic v Stefan Djuric,

White (to move) is certainly
winning , though he has to be
careful of 1 Qxf6?? Nxf2 mate.
GM Nikolic, Bosnia's top player,
managed to grind out the full



that White has a forced mate in
four, every move a check, in the _
diagram. Can you do better, and
demonstrate White's imminent
victory?

\:






















lr iz
tm a et!
oe) Ml bet
eh he

i mm mm! |



















Yugoslavia 1983. Another case of —
a grandmaster missing checkmate.

























































Reactor, 21 Lanyard, 23 Facer, 25
Laser, 26 Floe.

Souwester, 20 Travail, 21 Fitness,
23 Bogus, 25 Cobra, 26 Shed.

ahead (3) ahead and posed (8)
23 The spirit of my French 15 Asongwriter seldom gets Ww Across Down
translation (5) confused with it (8) “4 1 One's strong point (5) 2 Biased (3-5)
24 ae they sung in deep 19 Dressed up and ready to N 8 Pursued by the police 3 Hypooritical (3-5)
voices? (3,5) go? (2,4) 5 (2,3,3)
25 Clear the ground (5) 20 Make a move to be out of OQ. oe 4 Asa precaution (2,4)
9 Cruel king of the
26 A pause in travel bed (5) | > J 5 5 To tremble (5)
abroad (8) 21 Terminal heart trouble (5) ~” avs {S) ; 6 Dynamic quality (5) :
27 Unusually staid * 29° Provide regular meals for q 10 Uncontested victory (8) aie
entrances (5) "the management (5) Lu 11 Competitor (5) 7 Grow threateningly (5)
: 12 Avegetable (3) 12 Small enclosure (3)
Yesterday’s Cryptic Solution Yesterday’s Easy Solution . 16 Goback(6) ~ 13 Venomous snake (3)
Across: 1 East Berlin, 6 Able, 10 ’ Across: 1 Noteworthy, 6 Flow, 10 17 Revolver (3-3) 14 Dig out (8)
Serve, 11 Addressee, 12 Anathema, Maker, 11 Gold medal, 12 Maltreat, 18 Snooze (3) ‘
13 Leant, 15 Tellers, 17 Scooter, 1913 Ranch, 15 Anarchy, 17 Riposte, 9g ern aby es)
Integer, 21 Lookout, 22 Elfin, 24 19 Attract, 21 Fortune, 22 Habit, 24 obust (5) 49 Onbad terms (2,4)
Annalist, 27 Orchestra, 28 Steel, 29 Attacker, 27 Aggravate, 28 Batch, . 24 Response to”
Earl, 30 Trade route. 29 East, 30 lll-starred. situation (8) ey Nae below church (5)
Down: 1 Easy, 2 Springlet, 3 Bleat, 4 Down: 1 Name, 2 Take apart, 3 : 21 Falter (5)
Readers, 5 Indians, 7 Basra, 8 Worst, 4 Roguery, 5 Holster, 7 25 Counterfeit (5)
Electorate, 9 Well-to-do, 14 Strike Laden, 8 Well-heeled, 9 Improper, 26 Rule out (8) 22 Approach under
home, 16 Engender, 18 Trousseau, 20 14 Paraphrase, 16 Claptrap, 18 27 Astone fut (5) cover (5)













Nj} O}]OD)/ GIN



©2008 Conceptis Puzzles, Dist. by King Features Syndicate, Inc.

IINIES
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Famous Hand

West dealer.
North-South vulnerable.

NORTH
386532
Â¥10
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WEST EAST
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The bidding:
West North East South
- Pass Pass 2 NT 3h
Pass 44 ‘Pass 5 &
Pass Pass Dble

Opening lead — six of diamonds.
This dramatic deal occurred in a
playoff match to determine the team
to represent the United States in the
1973 world team championship.
At the first table, Bill Grieve

(playing with George Rapee) over-

called two notrump with three clubs,
intending this to show a genuine club
suit. But Rapee, justifiably or not,
read three clubs as an artificial bid
showing length in both majors, and
jumped to four spades.

That response did not sit well
with Grieve, who retreated to five
clubs. After two passes, East —
holding 21 high-card points includ-
ing the A-K of trump — doubled.

Amazingly, five clubs tuned out
to be unbeatable! Grieve won the
diamond lead with the ace, played
the ace of hearts, ruffed a heart,
ruffed a spade and ruffed another
heart, felling the king. He then gave
up two trump-tricks to make his dou-
bled contract.

At the second table, the bidding
went:

West North East South
Pass Pass 2NT Pass
3& Pass © 34 Pass
3 NT

John Swanson, playing with Paul
Soloway, was South at this table and
elected to pass two notrump because
he and Soloway were playing that
three clubs would promise both
majors.

When the bidding died at three
notrump, Swanson passed again —
this time because he thought he had a
good chance to beat the contract with
a club lead. This proved to be an illu-
sion when declarer won the club
queen with the king and returned the
king of diamonds to secure nine
tricks and a total gain of 1,150 points
for his team.

Tomorrow: The case of the missing queen.
©2008 King Features Syndicate Inc.
THE TRIBUNE

CONCEPCION _

THE BOLD SWEET TASTE



The Pertect gift.
For anyone.
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OF ARGENTINA |

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THURSDAY, NOVEMBER 27, 2008, PAGE 39

Pirates move supertanker with

$100m of oil farther from coast



IN THIS FILE PHOTO provided by the U.S.



Navy, the Liberian-flagged oil tanker MV Sirius Star is

P Photo/US Navy, Petty Officer 2nd Class William Stevens

A

at anchor,

Wednesday, Nov. 19, 2008 in the Indian Ocean, off the coast of Somalia.

lm By MOHAMED OLAD HASSAN
MOGADISHU, Somalia

Somali pirates have taken their greatest prize —
a Saudi supertanker with $100 million of crude oil —
farther offshore in what appears to be a rare defen-
sive move following threats by Islamic insurgents,
according to the Associated Press.

The pirates have dominated: Somalia's high seas
for the past year, bringing in some $30 million in ran-
som despite stepped up international efforts to fight
them including foreign warships guarding the waters.

But the Nov. 15 hijacking of the Sirius Star was the
pirates' most audacious to date and prompted threats
from Somali extremists.

Last Friday, Islamic fighters promised to fight
the pirates and free the ship because it was Muslim-
owned and flagged under Saudi Arabia. Two days
later, pirates moved the ship about 28 miles (45

kilometers), putting it about 30 miles (50 kilometers)

off the coast of the coastal village of Harardhere.
The fighters said they represented al-Shabab —

‘the Islamic group waging a deadly insurgency in .

Somalia — but the group's leadership denied that
Tuesday, saying the threats were not from the
group's official spokesman.

Roger Middleton, author of a recent report on
piracy for London-based think-tank Chatham
House, said it was unclear whether al-Shabab intend-
ed to seriously attack or if the group was just pos-
turing.

"It is possible that al-Shabab see eradicating pira-
cy as a means toward garnering some sort of inter-
national acceptance," he:said. "It's unclear whether
they really want to do it or just say it to improve their
image ... The element of embarrassing the (govern-
ment) and highlighting how incapable they are may
also have played a part for them."

Al-Shabab had never attacked a pirated ship
before, he said;:but militias linked to the Puntland
administration-in-northern Somalia had twice inter-
vened when pirates'captured a ship with connec-

November

tions to Somali business interests.

Somalia has not had a functioning government
since 1991. Piracy was almost wiped out during a pre-
vious Islamic administration in 2006. But since then,
ransoms have increased significantly, providing mul-
ti-million-dollar hauls. Some factions of the insur-
gency are believed to be benefiting from the crimi-
nal enterprise by providing protection rackets and
taking a cut of the ransom.

There have been at least 96 pirate attacks so far
this year in Somali waters, with 40 ships hijacked. Fif-
teen ships with nearly 300 crew are still in the hands
of Somali pirates, who dock the hijacked vessels
near the eastern and southern coast as they negoti-
ate for ransom.

On Tuesday, the British Broadcasting Corp.
reported that they contacted a pirate on board the
Sirius Star who said the ship owner has not con-
tacted them and that they have not yet set a ransom.
The BBC said the pirate identified hirhself as Day-
bad.

"We captured the ship for ransom, of course, but
we don't have anybody reliable to talk to directly
about it," Daybad said.

The captain of the Sirius Star, Marek Nishky,
told the BBC he and his crew have no complaint and
have been allowed to talk to their families.

Also Tuesday, a security official in Yemen said
that Somali pirates who hijacked a cargo ship car-
rying construction materials in the Arabian Sea last
week were asking for a $2 million ransom to release
the ship. The official spoke on condition of anonymi-
ty because he is not allowed to speak to the media.
. The police chief of Yemen's Hadramout province,
Ahmed Mohammad al-Hamedi, said the ship is
owned by a Yemeni company but is carrying a for-
eign flag, which he would not specify. He said there
were three Yemenis, three Somalis and two Pana-
manians on board.

The Yemen ship was traveling between Mukalla,
a:port in southern-Y emen#t6:the southern island of :
Suqutra, when it was hijacked. | >

aS

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PAGE 40, THURSDAY, NOVEMBER 27, 2008 THE TRIBUNE
INTERNATIONAL NEWS

Finally, justice for Matisse painting

MANM

an, Centre Pompidou,

AP Photo/JE Tomasi

5 gles —— =. THIS PHOTO provided Monday Nov. 24, 2008 by the French Culture

oF aa | a e oat ; _ ee Ministry shows the 1898 oil canvas "Paysage, le mur rose" (Landscape, the
‘ a Pee i . a Pink Wall) by French painter Henri Matisse. This week, a charity that
iB co : a funds Israel's medical rescue service will take delivery of a Henri Matisse

! : es oil painting that the Nazis stole from a rich German Jewish family and
a OW ie S, yo 6] eS eee a . which was kept by an’SS officer who was responsible for delivering pot-
RT ih ae ay seen Wisc ae son gas to Auschwitz and other extermination camps. .

oH By JOHN LEICESTER
Associated Press Writer
PARIS

4

Finally, justice for Henri Matisse's "Le Mur Rose." wy

The oil painting, which was stolen from a rich German J ewish
family sometime after 1937 and kept by a Nazi officer responsible
for delivering poison gas to Auschwitz, is to be given Thursday to
a British charity that supports medical rescue in Israel, according to
the Associated Press.

The story of how "Le Mur Rose," or "The Pink Wall, " made its
way through the war to France is as surprising as the colorful
painting itself, and steeped with death, mystery and injustice.
Stolen from Jews, proceeds from the expected sale of the painting
will go. toward the Magen David Adom network of ambulances,
paramedics and emergency treatment centers in Israel.-: a

"It's aremarkable and in some ways slightly creepy story," said
Stuart Glyn, chairman of the British charity Magen David Adom
UK. He will take delivery of the artwork at the French Culture Min-
istry in Paris.

The painting belonged to Harry Fuld, a German Jew who made
his fortune in telephones, founding the H. Fuld & Co. Telefon
und Telegraphenwerke AG in Frankfurt, Germany, in 1899, the
charity says.

"The Fuld family were almost manic collectors, with the broad-
est of tastes," Glyn said in a phone interview.

After Fuld's death on a business trip to Switzerland in 1932, his
art collection passed to his son, Harry Fuld Jr. The son fled Naii
Germany in 1937, packing the collection into crates, which he
gave to a shipping company to transport. The collection never
left. Instead, the Nazis confiscated it. Kurt Gerstein, an officer in the
Nazis' murderous Waffen SS, got the Matisse, ‘either as a bribe or
because he bought it, Glyn said. ,

An expert in decontamination techniques, Gerstein was assign
to the Hygiene Institute of the SS, -acgording to the United St
Holocaust Memorial Museum. On: its Web site, it says he, was

responsible for:delivering Zyklon B — poison used in the gas
F F \ chambers — to Auschwitz and other camps.
lie lao iS stoliiifela} that ate Gerstein surrendered to French authorities in April 1945, as
best fits your eles alee : : the Nazi regime was crumbling, and was held at Paris' Cherche-Midi
prison, the museum says. It says he wrote a report there recounting
oe . his service with the SS and hanged himself in July 1945.
CALL ENTERPRISE SALES French gendarmes recovered the painting three years later from

a cache near Gerstein's home in Tuebingen, Germany, said Didi-
7 a ‘ é ae er Schulmann, curator at the Pompidou Center national museum
; lem o 4 : MaaMlisek ced bis eet j of modern art in Paris. It has been part of the museum's collection

_ since 1949,
Matisse painted the landscape, showing a building behind a w
in 1898. The colors are vivid, the perspective a little unsettling as it
leans left toward the viewer.
"It is not an absolute masterpiece but it is surprising," said
Schulmann in an interview. While looted artworks often have
complex stofies, "this one is particularly amazing," he added.
Harry Fuld Jr. died in 1963 and for reasons unknown willed his
estate to Gisela Martin, a woman who has remained something of
a mystery in this saga. She in turn left her estate to the. British char-
ity when she died in Switzerland in 1992, which explains why
Magen David Adom UK is now getting the Matisse.
Glyn said they have not been able to determine the nature of the
relationship between Fuld and Martin, why he left her his estate or
eats SRM eer eaee: ena _ why Martin i in turn made Magen David Adom the beneficiary of her
ey aie eae if Sa & will.
Lung sn Pia The Matisse is worth a."a good six-figure sum," but will first te
dlvadd i § . displayed in a museum, said Glyn. He said he's in discussions with
»®? a C 1 ff a4 : museums in Germany and Israel.
i ; Le : y and Israe
i eae Si ee : The charity is also trying to recover other parts of the Fuld obi:
: lection, which included 12th-century Buddha statues, 16th- centu-
ry Italian masters, furniture and other art, Glyn said.
"There are pieces in the Hermitage (museum i in Russia), there are
pieces in museums in Germany, there are pieces believe it or not in
me " ’ Israel," he said. "Our representatives are in discussions and nego-
i f tiations with a whole raft of people, including national museums and
AW AA Oke bahamas.com | (oy ae BIC 229-5282 oe e governments, to see wets: ak of this stuff can come back.
Deine ane is uh aes : Some of the stuff is far more important than the Matisse."
But trying to prove ownership, he added, "is a long, slow and
expensive process. '

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THURSDAY EVENING NOVEMBER 27, 2008
| 7:30 | 8:00 | 8:30 | 9:00 | 9:30 | 10:00 | 10:30
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‘ (0) * + CHAIN REACTION (1996, Action) Keanu [De La HoyalPac-] x & ALVIN AND THE CHIPMUNKS (2007, Comedy) -
eeves, Rachel Weisz. A scientist and a machinist be- quiao 24/7 ( —|Jason Lee, David Cross. Three singing chipmunks be-
come caught in a conspiracy. ‘PG-13'(CC) °~ — |(CC) come pop sensations. 1 ‘PG’ (cc)

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(00 % SYDNEY WHITE (2007, Comedy) Amanda | % & %% ATONEMENT (2007, Drama) James McAvoy, Keira Knightley,
ynes, Sara Paxton, Matt Long. A college coed finds a |Romola Garai. A girl accuses her older sister's lover of a crime. (\ ‘R’
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tiller, Blythe Danner. A man spends a disastrous weekend with his A teen decides to give her unborn

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(a0) # && TRANSFORMERS (2007, Action) Shia |x x +» THE SHAWSHANK REDEMPTION (1994, Drama) Tim Robbins,
| MOMAX [LaBeout, Tyrese Gibson. Two races of tobots wage |Morgan Freeman, Bob Gunton, Innocent man goes to a Maine prison for
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C1

PTHE. TRIBUNE





Cable's capital
intensive needs
restrict
lividents

@ By NEIL HARTNELL
Tribune Business Editor

CABLE Bahamas’ president.

yesterday told Tribune Business
that the capital intensive nature
of the telecommunications
industry naturally placed limits
on dividend payouts, having
been asked by one financial
analyst why the BISX-listed
company had not increased the
funds paid out each year to
ordinary shareholders.
Richard Coulson, head of
Bahamian consultancy RC Cap-
ital Markets, had asked Antho-
ny Butler in a November 22,
2008, e-mail why Cable
Bahamas had not increased diy-
idend payouts to its investors

despite net income and cash.

operating income doubling in
the five years between a
2007.

Mr Coulson, in an sonal: seen
by Tribune Business and
numerous other Bahamian busi-
ness community leaders, said:
“May I suggest again that seri-
ous consideration be given to
your dividend policy. In the five
years between 2003-2007, both
your net income and your cash
operating income have more

than doubled, but there has.

been no increase in the divi-
dend on your ordinary shares.

“T realise that you need sub-

stantial funds every year for
capital investment, but never-
theless it seems to me that this
requirement could be met while
still permitting a modest
increase in dividends.
_ “Of course, thisis a subject
for your Board Of Directors. I
think they should consider that
in addition to capital apprecia-
tion, dividends contribute sig-
nificantly to total shareholder
value, and often result in a high-
er share price. And a higher
dividend announcement would
be a sign of confidence in
attracting new customers.”

In response, Mr Butler told
Tribune Business that the
nature of the telecommunica-
tions industry meant that com-
panies in it would always need
to invest heavily in capital
works and infrastructure on an
annual basis if they were to
remain ahead of competitors.

As a result, Cable Bahamas
and its contemporaries were
required to allocate substantial
funds every year for re-invest-

ment in their operations, new °

product development and capa-
bilities, thus limiting the capi-
tal available to be paid out to
shareholders as investment
returns.

For example, Cable Bahamas

See CABLE, page 4B



THURSDAY,

@ By NEIL HARTNELL
Business Editor

he Grand Bahama

. Port Authority

(GBPA) has

demanded through

its attorneys that the late

Edward St George’s estate pay

$3.085 million to cover the costs

it incurred when placed into

receivership, or face the possi-
bility of legal action.

And Thomas Evans QC, of
Evans & Co, the attorneys for
the GBPA and Port Group Ltd,
in a November 12, 2008, letter
sent to the estate’s attorney,

Fred Smith of Callender’s & °

Co, warned that the companies
were likely to pursue the St
George’s to cover “other losses”

they had sustained separate

from the receivership.

RoyalFidelity
enjoys 50%

asset growth



@ By NEIL HARTNELL
Business Editor.

ROYALFidelity Merchant
Bank & Trust has seen its

. assets under administration
increase by 50 per cent to $1.5 »

billion, its president telling
“Tribune Business that other
Bahamian companies risked
becoming acquisition targets
unless they followed its lead -
by expanding via alliances
with strong regional players.

Pointing to the bank’s asset
growth and last week’s for-
mal establishment of its sec-

~ond office in Barbados,
thanks to the alliance with
Royal Bank of Canada,
Michael Anderson said the
link-up with the Canadian
banking giant had not only
reduced its entry costs but
also. given it potential
Caribbean-wide coverage for
“its products and services.

Mr Anderson said entry
costs for the Barbadian mar-
ket had been much reduced
due to Royal Bank’s existing
presence in that jurisdiction,
which would allow RoyalFi-
delity to “leverage” off its
infrastructure.

“To the extent that we can
take the systems, products we
have created and leverage

them in other markets, the

cost of entry is much less,”
Mr Anderson said.

He added that the new
business and revenue streams
created by the bank’s
entrance to Barbados “help

us spread costs over a much -

larger asset base”.

“Tt’s harder in a small mar-
ket to grow your asset base,”
Mr Anderson said. “What
we’ve found is that there are a
lot of similarities in markets in
the Caribbean. The products
we’re looking at launching in
Barbados are relatively the’
same as we have here, so it’s
relatively easy to do it.

“It’s [Barbados] obviously
the second leg of our stool at
the moment. That will be our
second office, so really what
we are trying to do is use
those offices as key locations
in the Caribbean, and work
with Royal Bank and RBTT
(Royal Bank of Trinidad and
Tobago) in Jamaica and
Trinidad to distribute and cre-
ate products.”

Royal Bank’s takeover of
RBTT has helped extend
RoyalFidelity’s potential
reach as far south as Trinidad, .
and rather than enter those
markets itself, the Bahamian-

See ASSET, page 7B

“Come in and see the many models we have,
from Toshiba, HP, Dell and Acer, all covered
by Micronet’s superior support.

acer,

an

| | TOSHIBA

NOVEMBER 27,



Fred Smith

“Mr Evans, in his letter to Mr
Smith, wrote: “My clients have
caused an assessment to be
done by KPMG of the costs to

2008



the companies occasioned by ~

the receivership, and as a result,
those costs have been deter-
mined to be the sum of $3.085

ROYAL @ FIDELITY



Money at Work

NASSAU OFFICE

(242) 356-9801

FREEPORT OFFICE

(242) 351-3010

* Companies demand estate covers

receivership costs, or face legal

action in 14 days -

passed yesterday

a deadline that

* Estate believes it has defence to claim
* Port’s attorneys threaten to seek
unspecified ‘other losses’ from

St Georges

million as shown on the report
which is attached hereto.

“We have been instructed to
request that your clients agree
the costs mentioned above,

US stopover visitors fall in August by 11 per cent

@ By CARA BRENNEN-
BETHEL |
Business Reporter

WHILE Bahamian hotels

were yesterday reporting a

mixed outlook for this week’s
Thanksgiving holiday period,
traditionally a time of strong
performance, the scale of the
downturn in visitor arrivals this
autumn has been indicated by
the 11 per cent fall-off in US
stopover visitors this August.

In its latest market update,
the Ministry of Tourism
revealed that while visitor
arrivals for August 2008 were
down by 10 per cent overall, the
most crucial component - US
stopover visitors - who account
for around 95 per. cent of all
tourists, fell by an even Breale
amount.. :

And that dscrcase’ is s likely to
























ank of

amelie

Hotels report mixed Thanksgiving, with Sandals
optimistic but Atlantis occupancies down by 15%

be even greater for September

and October. Although tradi- .

tionally slow months in the
Bahamian tourism season, those
will have been the first periods
to feel the full effect of the col-

lapse in US consumer confi- -
dence, as a result of the Wall .
Street crash and economic

downturn. August’s numbers
do not reflect this.
Meanwhile, while tourist
arrivals to the Bahamas from
Canada increased year-over-

year for August, the Ministry .

of Tourism reported: “The
increase in the number of
stopover visitors from Canada,

decline in arrivals to the
Bahamas for the month of
August. ,

“The decline in the amount
of visitors from the biggest sup-
plier of visitors to the Bahamas,
the United States, was too much
to offset this decline.”

Cruise passenger numbers
were also down in August 2008
compared to the previous year,

with cruise arrivals by first port’

of entry down by 11 per cent as

’ the cruise ships increasingly
used their private islands in the’

Family Islands as first stops in
this nation.
This, in turn, is likely to have

Europe, and-LatinvAmerica: -....%. .
were not enough to offset the

as Interne

Junior Account

Features:

ATM Card —



Time for a Bank of :
The Bahamas International
Junior Account —

Panats Grand ‘ Parents, God Parents,
_ Aunties,Uncles, Everyone!
B.0.B, has a bank account ms for me!

which we hereby do, and to

demand that your clients pay .

the said costs in full to our

See BILL, page 4B

Thompson
Pepsi deal
‘saves 15
job posts

@ By CARA BRENNEN-
BETHEL
Business Reporter

‘THOMPSON Trading and

Pepsi-Cola (Bahamas) yester-

day confirmed Tribune Busi-
ness’s report last week that the
wholesaler will.act as the lat-
ter’s Bahamian distributor with
effect from December 8, and

reduce previously-announced '

job losses by taking on 15 sales
and marketing staff from Pepsi.
The potling company had

‘See DEAL, 6B









M13 years and under
@ Start with as little as st
® Free Online Banking
Mi Prefered interest



Bank of The Bahamas
“INTERNATIONAL
Revolutionizing The Way You Bank

New Providence * Grand Bahama * Andros ¢ Inagua
_ Exuma ¢ San Salvador ¢ Cat Island
Head Office Nassau; (242) 397-3000
Proud winner of The 2007 Bahamas Chamber of Commerce
Business of the Year Award



sagan soae


PAGE 2B, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE



Follow procedure to win money laundering fight

BOTH large and small finan-
cial services businesses should
be aware of the anti-money

iniering regulatory require-
ats for financial institutions
under the Financial Intelligence
(Transaction Reporting) Regu-
lations 2001 (the FITRR).

The FITRR, which came into
operation on January 26, 2001,
requires financial institutions to
establish and maintain the fol-
lowing:

* Tdentification procedures,
which require compliance with
Part II of the Financial Trans-
actions Reporting Act 2000 and
the Financial Transactions






Ce Tl

CERI tes

Reporting Regulations 2000.

* Record-keeping procedures
in compliance with Part IV of
the Financial Transactions
Reporting Act 2000 and the
Financial Transactions Report-
ing Regulations 2000.

Then, Regulation 5 of the
FITRR requires financial insti-
tutions to institute and maintain
internal reporting procedures,
which include the following:

* Identification and appoint-
ment of a Money. Laundering
Reporting Officer (MLRO),
who should be registered with





Legal |
Ease |

J



the FIU. This is the person to
whom a report is to be made of
any information or other mat-
ter that comes to the attention of
an employee, and which in the
opinion of that employee, gives
rise to a knowledge or suspicion
that another person is engaged
in money laundering.

* A requirement that consid-



FIRSTCARIBBEAN

eration of such a report be done
by the MLRO, in order to deter-
mine whether or not the infor-
mation or other matter con-
tained in the report does give

. rise to such a knowledge or sus-

picion.

* To ensure.the MLRO has .

access to any other information
that may be of assistance to him
in considering the report.

* A requirement that the
MLRO disclose to the FIU, rel-
evant agency or to the police,
the information or other matter
contained in a report, where the
MLRO knows, suspects, or has

INTERNATIONAL BANK

GET THERE. TOGETHER





reasonable grounds to suspect
that a person is engaged in mon-
ey laundering. .

* The identification and
appointment of a senior execu-
tive as a ‘compliance officer’,
who will ensure that a regulated
institution is in full compliance
with the laws of the Bahamas.

Where appropriate, the duties
of the MLRO may also be car-
ried out by the compliance offi-
cer.

Regulation 6 requires that a
financial institution take appro-
priate measures from time to
time to ensure that all relevant
employees are trained and made
aware of:

* The provisions of the Finan-
cial Intelligence Unit Act 2000;

_ the Financial Transactions

Reporting Act 2000; the Finan-
cial and Corporate Service
Providers Act 2000; the Pro-
ceeds of Crime Act 2000; the
Financial Intelligence (Transac-
tion Reporting) Regulations
2001; and any other statutory
provision relating to money
laundering

* The procedures maintained
by the institution in compliance
with the duties imposed under
these regulations.

‘The financial institution must
provide all relevant employees,
from time to time and at least
once a year, with the appropriate
training in the recognition and
handling of transactions, carried
out by aany person whovis, or
appears to be engaged, in money
laundering. —

Training must also be given

-to all new relevant employees

as soon as practicable after their
appointment. Employees must
have access to any information
that may be relevant in deter-
mining whether any person is
engaged in money laundering.
An anti-money laundering
policy and anti-money launder-
ing handbook, which outline the
appropriate policies and proce-

dures for the identification, risk

management, control, and pre-
vention of money laundering,
are important compliance tools
in ensuring the proper recogni-
tion of the legal and regulatory
obligations of a financial insti-
tution... "

“It is also advisable that prop-

er documentation of anti-money
laundering training be made by
way of registration of attendance
and/or Certificates of Atten-
dance issued to participants, with
copies of such attendance duly
recorded in the employees’ per-

‘sonnel files.

A Money Laundering Report-
ing Officer Confirmation Form,
which certifies, on an annual
basis, that senior management
and employees had cause to
know or suspect money laun-
dering activities by their clients;
that they have reported any sus-
picion of money laundering to
the MLRO; and that they have
re-read and understand the anti-
money laundering handbook, is
another important compliance
tool in assisting employees in
recognising and carrying out

Share
your

news

The Tribune wants to hear
from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.

If so, call us on 322-198
and share your story.

their legal and regulatory oblig-
ations.

It is important to note. that
under Regulation 8, a financial
institution carrying on business
without complying with the

. requirements of the FITRR shall

be guilty of an offence and
liable, on summary conviction,
to a fine of $10,000; on convic-
tion on information for a first
offence to a fine of $50,000; and
for a second or subsequent
offence, to a fine of $100,000.
In proceedings for an offence
under the FITRR, it shall be a
defence to prove that a finan-
cial institution took all reason-
able steps and exercised due dili-
gence to comply with the
requirements of the Regulations.
The Financial Transactions
Reporting (Amendment) Act
2003 (FTRAA) mandates that

financial institutions, as defined.

in Section 3 of the Act, verify
the identity of customers who
wish to become facility holders,
existing facility holders whose
identities are doubtful, existing
facility holders, and those con-
ducting occasional transactions.

Section 14 of the FTRAA
makes it mandatory for a finan-
cial institution to report to the
Financial Intelligence Unit any
transaction conducted by,
through or with a financial insti-
‘tution - or any proposed trans-
action (whether or not the trans-
action involves funds) - where
the financial institution knows,
suspects.or has reasonable
grounds to suspect that it
involves proceeds of criminal
conduct as defined by the Pro-
ceeds of Crime Act 2000.

The financial institution
should as soon as practicable
after forming a suspicion, report
the transaction to the Financial
Intelligence Unit.

A suspicious transaction
report (STR) is a written report,
which sets out and contains the
grounds upon which a financial
institution holds a suspicion
about a particular client and/or
transaction(s), which. may
involve the proceeds of criminal
conduct or an offence under
Proceeds of Crime Act 2000.

Although a suspicious trans-
action report is required to be
in writing and contain the details
set out in the Second Schedule
of the FTRAA 2003, Section 14
of the, Act allows an oral suspi-
cious transaction. report to be
made where thé urgency of the
situation so requires. However,
the financial institution is still
required to submit a written
report in accordance with the
statutory requirements of the
Act as soon as is practicable.

Section 20 (2) of the FTRAA
sets out the penalty for failing
to report a suspicious transac-
tion:

“A person who contravenes
the provisions of Section 14(1)
shall be liable on summary Con-
viction to a fine not exceeding —
in the case of an individual -
$20,000, and in the crse of a
body corporate, $100,000.”

However, under Section 21 of
the FTRAA, it is a defence for a
person to prove that he took all
reasonable steps to ensure he
complied with the provisions of
Section 14(1), or that in the cir-
cumstances of the particular
case, he could not reasonably

hhave been expected to ensure

he complied with the provision.

© 2006. Tyrone L.E. Fitzger-
ald. All rights reserved.

NB: The information con-
tained in this article does not
constitute, nor is it a substitute
for legal advice. Persons read-
ing this article and/or column,
generally, are encouraged to
seek the relevant legal advice
and assistance regarding issues
that may affect them and may
relate to the information pre-
sented.

Tyrone L. E. Fitzgerald is an
attorney with Fitzgerald &
Fitzgerald. Should you have any
comments regarding this arti-
cle, you may contact Mr
Fitzgerald at Suite 212, Lagoon
Court Building, Olde Towne
Mall at Sandyport, West Bay
St., P. O. Box CB-11173, Nas-
sau, Bahamas or at tyrone@tle-
fitzgeraldgroup.com

GIVE IN

pie Meg ar Vee), |


THE TRIBUNE

THURSDAY, NOVEMBER 27, 2008, PAGE 3B



Bahamas needs ‘new ways to build foreign reserves’



@ By NEIL HARTNELL
Business Editor

THE Bahamas needs to
adjust its economic model over
the long-term to “find alterna-
tive ways” to build and retain its
foreign currency reserves, a
leading financial analyst told
Tribune Business yesterday,
thus reducing its reliance on
tourism and foreign direct
investment.

Kenwood Kerr, Providence
Advisors’ chief executive, said
the Standard & Poor’s (S&P)
report on the Bahamas’ sover-
eign credit rating had again
highlighted the main weakness-
es of this nation’s economy,
namely its vulnerability to exter-
nal shocks due to an over-

Carl R Culmer

Bank examiner
asses Series 7

AN examiner in the Bank
Supervision Department at
the Central Bank of the
Bahamas, Carl R. Culmer,
has passed the Series 7
examination in the US after
studying with the Nassau-
based Securities Training
Institute (STI).

Michael Miller, the STI’s
president, said: “We are a
-\| gateway for Bahamian pro-

| fessionals who want to
enhance their careers in the
financial services industry.”

















The Women’s Association Of The

reliance on foreign capital and
spending to fuel economic
growth.

“What is being highlighted is
the weaknesses of the econom-
ic model; the structure, which
is the reliance on foreign direct
investment to stimulate tourism
and construction,” Mr Kerr told
Tribune Business.

“These are the things we
need to have a bigger grip on.
We have to take a long-term
look at the model - we can’t do
it just to get out of the current
crisis - to the extent that the
economy is open and subject to
the vagaries of the internation-
al economy in terms of tourism
and foreign direct investment
flows.”

And he added: “We need to
find alternative ways to retain
and build foreign currency
reserves. We need to develop a
strategic long-term model that
may assist us in building-up and
retaining foreign reserves.”

To achieve this, Mr Kerr sug-
gested that the Bahamas need-
ed to almost literally go back
to its ‘roots’, and develop indus-
tries such as agriculture and oth-
ers to better supply the tourism
industry, as the strengthened
linkages would ensure that
more tourist dollars remained

in circulation within the.

Bahamian economy.

“Fifty years ago, we sustained
ourselves with food,” Mr Kerr
told Tribune Business. “Cer-
tainly, we could look at reduc-

ing leakages from tourist spend-

Kenwood ena

ing, because we’re spending
more than $0.80 out of every
tourist dollar earned on imports.
“We need to look at ways to
ensure that spending stays here,
rather than going out to get that
tourist dollar in the first place.”
Mr Kerr said the use of liq-
uefied natural gas (LNG) for
energy generation and to supply
Florida would both retain and
generate foreign currency for
the Bahamas.
“Everyone must be told to
pull their weight - the private
sector, the populace and the
business community,” Mr Kerr
said, adding that the Govern-
ment needed to apply any pro-
ceeds gained from the Bahamas
Telecommunications Compa-
ny’s (BTC) privatisation to pay-
ing down the national debt.
Olga Kalinina, the lead S&P
analyst for the. Bahamas, told



Tribune Business earlier this
week that while the Bahamas’
economic fundamentals
remained largely sound, and all
debt ratios were in line with its
‘A-rated’ peers, the Wall Street
agency might be forced to
downgrade this nation if a
longer and deeper US recession
pushed these out of line and
there was “substantially lower
growth”.

She explained: “If we believe
the pace of this [economic]
deterioration is accelerating,
and our forecast is no longer
consistent, and the fundamen-
tals are changing, in this sce-
nario there will be a down-
grade.”

Ms Kalinina said: “In my
view, the Bahamas’ inherently
weak economic structure really
exacerbates all this. It’s a per-

fect transmission [mechanism]

for all the weaknesses coming
out of the US. Once all the risks
from the US are in and present
in the economy, the effects are
immediate.”

She added: “What we are
projecting for now, in our sce-
nario, is that the fiscal deficit at
the central government level
will be around 3 per cent this
year and next, simply because
we don’t see any improvement
in the fiscal situation next year,
based on our economic analysis.

“Tf you look at the fiscal pro-
jections for the first two months,
it’s clear revenues are under-
performing, and there will be
more pressure to continue cap-

Credit union cuts its interest rates

A MAJOR Bahamian credit
union has cut lending rates
“across the board”, from 0.5
per cent to 1 per cent, to reduce
the interest being repaid on
existing loans.

The Board of Directors at
the Teachers and Salaried
Workers Co-operative Credit
Union took the decision to
reduce interest rates at an
October 23 meeting. The new
rates will become effective as
of December 1, 2008.

Donald Symonette, the cred-
it union’s chairman, said all cat-
egories of loans to its member-

ship will be impacted, with the
reductions ranging from 0.5 per
cent, or 50 basis points, to a full
1 per cent or 100 basis points.’

Consumer loans and chattel
mortgages will be decreased by
1 per cent, and mortgages by
0.5 per cent.

Mr Symonette said the
reduction in loan interest rates
was designed to bring some
relief to the more than 12,000
active members of the Credit
Union.

While its membership will be.
expected to maintain their cur-._

rent level of monthly loan pay-

ments, the decreases will mean
that a greater portion of loan
payments will now be applied
to the principal of the loans,
thus resulting in a quicker pay-
back and a reduction in the
amount of interest to be paid.
Mr Symonette said the inter-
est rates on new fixed deposits
placed or renewed as of
December 1, 2008, will also be
reduced by an average of 25
basis points or 0.25 per cent.
The fixed deposit rates at the

_credit.union remain among the.
highest. offered by any finan-
cial institution in the Country.

ae Bain



ital spending.”
S&P projected that the
Bahamas’ external reserves

would decline from the $650.

million level seen in September
2008 to $500 million by year-
end 2009, due to the decline in
foreign direct investment.
S&P revised its economic
growth projections for the
Bahamas to 1.1 per cenit for
2008, and 1 per cent of GDP in
2009, down from 3 per cent and
4 per cent respectively, and in
line with the Government’s own



The President, Officers And Members 6)

“We Let Our Prices Do The Selling, |
And Our Services Do The Telling.”

_Tel: 341- 8671

RRS ceStenteneaRNRRNURERNRR Se

projections.

S&P also revised upwards
the projected fiscal deficit for
‘the Bahamas from 2.2 per cent
to 3 per cent (2.3 per cent on a
central government level) of
GDP in the 2008-2009 Budget
year, a figure that was set to be
repeated in the 2009-2010 fis-
cal year.

In turn, S&P is projecting that
the Government’s debt will
increase to 38 per cent of GDP
by 2009, compared to 36 per
cent in 2007.



gasepesanestitonacnananattitet








RR

Free National Movement (FNM) Salute
The Following Female Meritorious Council Members Of The FNM
During This 46th National Women’ s Week.

For their determination, commitment and struggle which blazed a trail for all Bahamian women.

Patsy Anderson
Hilda Antonio
Yvette Bethel

Janet Bostwick

Anna Colebrook

Grada Knowles

Yvonne Isaacs
Anne Parotti
Althea Sands
oylvia Scriven

Naomi Wallace Whitfield
Mary Brown (Deceased)
Sylvia Roberts (Deceased)

Men therr rights and nothing more; women their rights and nothing less.
Susan B. Anthony


PAGE 4B, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE



CABLE, from 1B

is this year spending $10 mil-
lion on an upgrade of its core IP
(Internet Protocol) system,
designed to enhance the

resilience and capacity of its
Internet infrastructure and
improve service to CoralWave
customers.

“We are capital intensive, as
technology demands,” Mr But-

ler told Tribune Business. “We
are capital-hungry, and this is

, to keep us ahead of the com-

petition and take advantage of
technology.
“That’s the telecommunica-

tions industry. We'll do our best
to keep ahead of it.”

Cable Bahamas is currently
positioning itself to take advan-
tage of opportunities that may
arise to enter new markets as a
result of the upcoming liberali-
sation of the Bahamian tele-
coms sector, something Mr But-
ler alluded to in a previous reply
to Mr Coulson’s complaints
about the problems the compa-
ny’s Internet service experi-
enced between November 11-
14.

“In order to maintain our
position in the market, to pre-
pare for future demands of new
applications, to achieve growth
and to continue to increase
shareholder value, major forklift
technological upgrades were
required at Cable Bahamas,”
Mr Butler said.

“In keeping with this man-
date, Cable Bahamas planned
a significant investment in 2008
to transform its IP network.
This investment has included;
upgrading optical transport —
doubling both national and
international capacity; expand-
ing the central office process-
ing facility in Nassau; upgrading
power facilities; enhancing
metro Ethernet capabilities and
soon to introduce an exciting








HIGH SCHOOL TEACHERS
WANTE

Fax resume to 325-7151
or call 325-6570 /1

PETG ANEMIA Ae

a
NAD

Nassau Airport

Development Company





It is with great pleasure that we showcase our
Employee of the Month for October 2008.

Eduardo Nottage is one of the bright stars of the
Customer Experience Department. He joined
Nassau Airport Development Company in April
2007 in the capacity of Operations Controller,
where he was given a panoramic view of the
world of Airport Operations. He then transferred
to the Customer Experience Department as a
concierge.



new e-mail application.

“This list of initiatives is now
substantially completed, and up
to last Tuesday [November 11],
has been relatively seamless and
transparent to the customer. It
is unfortunate and sincerely
regrettable that the unforeseen
issues had the negative impact it
had on our customers.”

Mr Butler said Cable
Bahamas acknowledged that it
“should have done a much bet-
ter job of keeping customers
informed” after the planned IP
core network upgrade ran into
problems between November
11-13. “When problems arose,
we should have provided clear-
er and timelier updates,” he
admitted.

While 70 per cent of the
upgrade had been completed
by Tuesday, November 11, “late
into the maintenance window
of that phase of the exercise we
encountered an unforeseen
event. Corrective measurers had
to be extended beyond the nor-
mal defined maintenance period
until the event was rectified”.

Mr Butler added: “For the
past seven years the c company
has provided IP. and data ser-
vices that in most cases have
kept pace with evolving tech-
nologies and ahead of customer
demand.

“We have a clear mandate
from our Board to maximise
shareholder value. One of the
key reasons Cable Bahamas’
share pace has increased by

more than 100 per cent (from

. $7.01 to $14.15) over the past

seven years is the company’s
commitment to investments in
these new technologies, which
in turn forge new revenue
streams and customer confi-
dence.

“This customer confidence is
the main reason why Cable
Bahamas is the leader in pro-
viding reliable and quality
telecommunications in the
Bahamas.”

However, in response, Mr
Coulson told Mr Butler: “I
should tell you that in answers I
got from various responsible
people, some negative views
were expressed not, just about

’ this event but about your ser-

vice in general, particularly the
great difficulty in reaching your
customer service staff. I trust
this is a problem which gets
your continuing attention.”

Meanwhile, Mr Coulson said
in his November 22, 2008, e-
mail that he hoped Cable
Bahamas would soon clarify
Tribune Business’s exclusive
revelations that the company
was seeking to raise $30 million
via a private placement, the pro-
ceeds of which would be used to
buy out the almost-30 per cent
stake owned by its largest share-
holder, Columbus Communica-
tions.

“There have been rumors in
the press that the company is
raising funds to buy out your
shareholder Columbus Com-

munications. If so, this is a mat-
ter of great interest to all us
Bahamian shareholders, which I
trust will soon be clarified,” Mr
Coulson urged.

Tribune Business, though,
understands that the transac-
tion it revealed is still currently
a proposal, with much work
being done behind the scenes
to see if it can be brought to

fruition.

Apart from Cable’s Board of
Directors needing to approve
the transaction, it is understood
that a management services
agreement between the compa-
ny and Columbus Communica-
tions also remains to be con-
cluded. Other documents also
need to be completed. There-
fore, no deal has been done yet
- and it may not be, although it
is thought hopes are still high..

Still, market sources have told
this newspaper that the propos-
al is currently for Cable
Bahamas to raise $40 million
via a private preference share
issue that targets select, sophis-
ticated investors such as insti-
tutions and high net-worth indi-

' viduals. It is not a public offer-

ing.

It is understood that Colum-
bus’s stake has been valued
using the prevailing BISK mar-
ket price, placing it at around |
$85-$90 million. A’ $50 million
bank syndicated facility, headed
by Royal Bank of Canada, has
also been. proposed to help
finance the transaction.



OUI READ



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Cuenta initiative and leadership spirit serve
as a great example for peers to emulate. He
has great focus, thinks outside of the box and
is always able to get the job done. In fact, his
creative ideas’ have enabled NAD to reduce

: the overall operating costs for the department.

* . Eduardo graduated:from S.C. McPherson High y
School (June 1992) and later trained: at the
Industrial Training Centre now known as BTVI.
He is.an active member of the Royal Bahamas
Police Force Reserves posted at the Central
Detective Unit and attached to homicide; he is
also a member of the Royal Ambassadors Brass
Band and enjoys boating, flying and travelling.
4

peeata
Rel an TOYOT,
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CABLE, from 1B

clients within 14 days of the date hereof to
avoid further litigation in this regard.

“You are further advised that our clients
are also seeking to determine the extént of
other losses, which have been sustained by
the companies, apart from costs per se, and
when that determination has been made
we shall revert to you.”

Given that the letter was written on
November 12, 2008, the 14-day deadline
set by the GBPA, Port Group Ltd and their
attorneys to pay the sum requested expired
yesterday, leaving the way open for legal
action to begin.

Mr Smith,declined to comment when
contacted, by..Tribune Business yesterday
for comment. However, this newspaper

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“understands that because the St George

estate is appealing Justice Neville Adder-
ley’s March 2008 decision to remove the
GBPA and Port Group Ltd receivers, it
and its attorneys believe they have a suc-

cessful defence mechanism through which .

to resist the companies’ demands.

It is unclear, also, what Mr Evans’s letter
meant by “other losses”, although this is
likely to be a reference to lost business
opportunities. caused by 17-month receiver-
ship, and the uncertainty and impact on
investor confidence this has had.

Tribune Business understands that the

‘proposed Morgan Stanley project at Bar-

bary Beach will now never happen,
although other investors are said to remain

interested in filling the breach, while devel-. +

opments such as the Raven Group project
have effectively been placed into ‘cold stor-

The impact on Freeport’s economy, and
on the GBPA and Port Group Ltd’s rev-
enue streams, has been substantial.

' According to the KPMG report, submit-
ted to Port Group Ltd and GBPA man-

‘agement, a copy of which has been seen by

Tribune Business, the receivers’ fees, costs
and expenses totalled $1.686 million for
Port Group, with the GBPA’s share of the ©
balance being $1.399 million.

That covered the period from Novem-
ber 2006 to March 2008, when BDO Mann
Judd accountants Clifford and Myles Cul- -
mer were administering the companies’
affairs as receivers, assisted by their attor-

“neys, Lennox Paton.

Following the removal of the receivers,
Erik Christiansen has been appointed. as
Port Group'Ltd chairman, with Felix Stubbs
holding the equivalent post on the GBPA
side. -

Mrs [eal ean Mig d

icknbu 24.com

SL



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ice: after discount + *“FOB" does not include shipping cost and insurance.
0 ight to Nassau> Saloon: US$1,600 4WD: US$2,500 Wagon: US$2,500


THE TRIBUNE

THURSDAY, NOVEMBER 27, 2008, PAGE 5B





INTERNATIONAL Shed aid





Roads, skies
less congested
as Thanksgiving

rush begins

@ By DON BABWIN
Associated Press Writer

CHICAGO (AP) — Travel-
ers breezed through airport ter-
minals Wednesday and drivers
cruised open roads, the effects
of a sour economy blamed for
keeping people closer to home
at the start of the annual
Thanksgiving rush.

Even though gas prices fell
and airlines offered last-minute

deals, many Americans
appeared to be skipping trips
this year. San Francisco resident
Sharon McKellar called the
Miami airport "shockingly qui-
et" after flying in.overnight to
visit family.

At Boston's Logan Interna-
tional Airport, Alicia Kelly, 47,
traveling with her husband and
two children to Miamj to spend
the holidays with her family,

' said it was the lightest Thanks-
giving travel she's ever seen.
"We have waited in no lines so
far," she said.

Security lines moved along
briskly at under 10 minutes at
Hartsfield-Jackson Atlanta
International Airport, the
world's busiest airport. At Fort
Lauderdale-Hollywood Inter-
national Airport, travelers found
parking spots in. the front row

of the lot and no wait for check-'

in and security. The Delta. ter-
-Injnal was nearly empty... .....

fs! Rhis is crazy. There's.no.one.:,

here. It's quieter than on most
weekdays," said Ryan Sullivan,
who was flying to New York
with his wife and two kids.

Automobile

Nationally, the Automobile
Association of America says 41
million Americans were expect-
ed to travel over 50 miles for
the holiday, down about 1.5 per
cent or 600,000 people from last
Thanksgiving. Flying is expected
to be down more sharply, about
seven per cent, than about one
per cent for driving.

"The economy is in such bad
shape. They're still really hesi-










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Mosher, spokeswoman for
AAA Chicago.

Even though airlines offered

last-minute fares in an attempt
to get more people in the air, it
may take until after the first of
the year to know if it worked,
said Graeme Wallace, thief
technical officer for farecom-
pare.com, a consumer airline
ticket research Web site.

Economy

~ "With the economy tanking,

they're thinking, 'Do I want to
spend $400 for a 1,200 mile
trip?'" Wallace said.

Still, some were undeterred.
Carpenter Michael Layman, 59,
left, Tampa, Fla., early Tuesday
to drive about 1, 200 miles home
to Clinton Township, Mich., for
Thanksgiving with his wife, their
two children and four grand-
children. He moved to Florida
three years ago because of bet-

' ter work opportunities than he

could find in Michigan.

"I'm looking forward to being
with my family. I wouldn't miss
Thanksgiving and Christmas,"
Layman said after he stopped
to sleep for a few hours in the
back of his minivan at an Inter-
state.75 rest area about 30 miles
north of Cincinnati.

He said he was pleased when

.o gas prices began falling several
‘weeks ago. Layman said he had.

been paying about $70 dollars
to fill up-and now pays less than
half of that. "That felt pretty
good," he said.

Weather across most of the
country was forecast to be clear,
making it easier for those who
did decide to travel. But there
were some problems, especially
heavy rain that swept southern
California. In San Diego, flood-
ing forced the closure of north-
bound lanes of Interstate 5 for
several hours Wednesday morn-
ing after at least two vehicles
hydroplaned in a few feet of
water and crashed.

The Northeast had clouds and
precipitation. Some heavy rain

. Hill. ribwidtsd
"Maybe you cut back om the couiieu
(holiday) giftssa little bit;°or’"

When you book

your travel with us
And Rent A Car With

and snow showers were expect-
ed across upper New England

. while parts of Pennsylvania, °

Ohio and New York could see
up to a half of a foot of lake-
effect snow.

Even though Marvin and
Kathy Boyd had money to buy
air tickets, a last-minute delay
proved costly. The couple, en
route from Denver to Augusta,
Ga., missed getting their bags
checked in by two minutes at
Denver International Airport.
Now they have to get another

’ flight. They were waiting for

Kathy Boyd's mother to deposit

money in her bank account to

pay for the switch.

"We have to pay the money -

to change and we don't have the
money," said Kathy Boyd, 54.

Cutbacks didn't deter Donita.

Hill of Estero, Florida, who was
traveling with her husband, Bob
to spend Thanksgiving with
their son, a resident at the Uni-
versity of Massachusetts Med-

ical Center. The couple waited -

Wednesday to takea train to
Worcester, Mass.

Money

"I think sometimes when
money is tight, you re-evaluate
what's really important to you,

and you realize that it's really —

family and friends," said Donita

maybe you don't have as extrav-
agant a Thanksgiving as you
used to," she said. "Maybe you
don't have a free-range bird as
you've had in the past; maybe
you go to a Butterball."

e Associated Press Writers
Suzette Laboy in Miami, Dan
Sewell in Cincinnati, Oh.,Rus-
sell Contreras in Boston, Dorie
Turner in Atlanta, Schuyler

Dixon in Grapevine, Texas, Ivan '

Moreno in Denver, Dena Potter
in Richmond, Va., Denise
Lavoie in Boston and Kelli
Kennedy in Miami contributed
to this report.

premiertraveloahamas.com

Use your local credit card.
Tickets are issued locally.

aC a

Tel.: 242.328.0264 | 242.328.0257 | 242.322.7371 | 242.325.6991
Fax: 242.325.6878 | www.premiertravelbahamas.com



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Deere & Co.
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cent decline in
fiscal Q4 profit

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PAGE 6B, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE





Legal Notice
NOTICE

IMITED

NOTIC EIS HEREBY GIVEN as follows:

(a) SHUI WING HOLDINGS LIMITED is in voluntary
dissolution under the provisions of Section 137 (4) of
the International Business Companies Act 2000. -

(b) The dissolution of the said company commenced on the

30" May 2008 when the Articles of Dissolution were
submitted to.and registered by the Registrar General. .

(c) The Liquidator of the said company is Mr. Michael Low
of 1 Raffles Link #05-02 Singapore 039393

Dated this 27" day of November A. D. 2008

Mr. Michael Low
Liquidator



_--Legat Notice” ”
? NOTICE |
NOTICEIS HEREBY GIVEN as follows:
(a) TOMORROW’ S GLORY LIMITED is in voluntary
dissolution under the provisions of Section 137 (4)
of the International. Business Companies Act 2000.

(b) The dissolution of the said company commenced on
_ the 21 November 2008 when the Articles of Dissolution

were submitted to and registered by the Registrar General.

(c) The Liquidator of the said company is Mr. Michael Low of
1 Ratffies Link #05-02 Singapore 039393

Dated this 27" day of November A. D. 2008

Mr. Michael Low
Liquidator

The Annual Gences Meeting
: of the ae
| ‘BAHAMAS FAMILY
PLANNING ASSOCIATION
will -be held
Tygsday, December 2
at 6: 00pm:



"MEMBERS MUST BECOME FINANCIAL
IN ORDER TO VOTE



‘MINISTRY OF FINANCE
INVITATION FOR TENDERS
The viele of Finance wishes to inform that the dentine

for submission of tenders for the following projects has been
exténded to Friday, 28th November, 2008 at 5:00 p.m.

1. Supply to electronic data interchange (EDI) solutions to
implement business-to-business (B2B) electronic environ-

Thompson

Pepsi deal saves

15 job posts

FROM page 1B

announced last month that due to “ongoing
profitability challenges” it would be closing
down its Nassau-based manufacturing and
distribution operations, terminating | 75
employees in the process. . ~

Now; Pepsi-Cola’s product line - including
all local flavours - will be manufactured
and shipped in from its Vero Beach plant
and sold to Bahamian merchants via
Thompson Trading, representatives from
both companies explained yesterday... .

Carlos Palacios, general manager for Pep-

_ si-Cola, said the distribution agreement will

enable the company to focus on the delivery
of the product rather the high overheads,
which had recently plagued them.

“We are very pleased with the partner-
ship,” he explained. “It will be. for the bet-
ter. We have not delivered the expectations

of shareholders in terms of profitability in,

the past years. This will allow us to change
the business model in the Bahamas, and
then deliver better results for the company
and ensure the continuity of the business.

Execution is our number one priority now,
and this will ensure that distribution of our
brands will improve and consumers have
all of our flavours.”

Mr Palacios said Pepsi- -Cola hoped the
arrangement with Thompson Trading
would give them a competitive advantage,

* although at this stage it waqs difficult to
say whether the company would also be.

able to have a price advantage as well.

“ We have not been able to absorb the
overheads related to the increase in cost,”
Mr Palacios said as a reason for Pepsi-
Cola’s decision to exit manufacturing.

“This partnership with Thompson Trad-
ing will allow the business to fenerate much
bigger critical mass, which will allow the
business model to work better in terms of
absorbing all the overhead that is related to
the business.”

Mr Palacios added that to assist with con-
tinuity, Thompson Trading will retain about
15 sales marketing and distributing staff
between Pepsi’s operations in Nassau and
Freeport.

Melissa Kemp, brand business manager at

- Thompson Trading, said that the partner-

ship takes effect on December 8, when
Thompson Trading will officially begin dis-
tributing and promoting the Pepsi brand
and its products.

- “There will be dedicated sales represen-
tatives. telesales persons, distributors, dri-
vers, technicians and pre-sellers to support
Pepsi customers on the island,” she said.
“In addition, the Freeport market will be
fully operational to service those customers.
Thomspon Trading will work closely with
Pepsi Americas in Deerfield Beach, Florida,
to ensure and provide the, complete line of -
Pepsi products to our customers..

“Thompson Trading will also provide the
best repair and maintenance, and deliver
the same advertising and promotion Pepsi
customers expect. Both companies under-
stand the sensitivity of this agreement and
the affect it may have on its employees.
That is why Thompson Trading has taken ~
steps to bring on board members of the
Pepsi sales team from both Nassau and
Freeport. We believe it is important to
maintain the presence of Pepsi in the ~
Bahamas and we are committed to meet ©
the needs of the comanuty:

US stopover visitors fall

FROM page 1B.

; deprived Bahamian-owned

businesses in Nassau and Grand ~
Bahama of much-needed cus-
tomers and revenues.

The Ministry of Tourism said:

,

“The decline in arrivals for the

month of August puta further
strain on the year-to-date air

_and sea arrivals, and. pulled it

down even more.

“Air arrivals-were weaker in
August 2008 than in July 2008
and cruise arrivals, although
strong for Grand Bahama and

Sh at Legal Notice
NOTICE :
INTERNATIONAL BUSINESS COMPANIES ACT

~ (No.45 of 2000)
BAGUERA HOLDINGS LIMITED

In Voluntary liquidation

“Notice is hereby given that in accordance with Section 137
(4). of the International Business Companies Act (No. 45 of

tion.”

2000), BAGUERA HOLDINGS LIMITED’: is in Dissolu-

The date of commencement of dissolution is the 6th day of

November, 2008... ...

Mrs. Isabelle Franguolis
c/o GO TRUST'S.A.
‘Rue des Pierres du Niton 17
1207 Geneva
Switzerland
Liquidator



Which airline offer the lowe
Which airline offers |
Which airline ffet



ip fares to san Andros? .

Aes were weak to. the
Bahamas Overall. By the end
of August 2008, the Bahamas
overall year-to-date was down

by 4 per cent”.

Meanwhile, Bahainian hotels
are reporting mixed occupancy
levels for the Thanksgiving hol-
iday weekend.

Ed Fields, executive vice-
president of external affairs for

Atlantis, said occupancy num-~

bers were down by 15 per cent
from last year.
However, he said: “Due to

the fact that the Reef was not -

open last year, combined with
the fact that the Beach Towers
is presently closed, we are not

ane to compare apples to .

les.”

Ve Michael James, general
manager for Sandals Royal
Bahamian, said in a statement
yesterday that the resort hada
very positive outlook for both

Thanksgiving and Christmas,

thanks to ongoing investments
tit has recently made.
“Thanks to the ongoing
investment we make in-the hos-
pitality trade, our occupancy
levels have remained buoyant

_ throughout October - and

November,” he explained.

-“We recently launched a
number of exciting trade initia-
tives aimed at boosting guest
numbers and increasing aware-
ness of both our resort and the
Bahamas as a whole, which are
proving very successful.

“In addition, we recently

hosted groups from top-pro-

ducing agents such as Liberty
Travel and the American

BKG/410.03

in August by 11 per cent

Express retail division, where
we conducted ‘Walking Work-
shop’ familiarisation trips,
enabling visiting agents to go
back to theit respective mar-
kets and sell our. destination. ;
more. effectively.

Month |

“Next month, we are also
delighted to host the Star
Awards, a préstigious trade
event which will see many. of
the tourism industry’s movers
and shakers visit the property
and experience the Sandals
Luxury Included Experience
firsthand. Innovative investment
such as this has left us in good

. stead, and our outlook is very

positive for both Thanksgiving
and Christmas.”

Jermaine Wright, sales and
marketing manager at the
British. Colonial Hilton, said
that this Thanksgiving the hotel
has much to be appreciative of.

Mr Wright explained that the
Hilton will be almost full, given
that it is in the midst of renova-
tions.

“Due to ongoing restoration,
the hotel only has 58 per:cent of
rooms available, of that the
occupancy level is in the low
50s,” he said.

Mr Wright added that the
Hilton has been concentrating
on corporate travellers and was.
doing relatively well compared
to previous years, especially
considering the current tourism
climate.

“We have much to be appre-
ciative of,” he said.

ADVERTISEMENT FOR THE BAHAMAS
GOVERNMENT TREASURY BILLS





Sealed tenders for B$79,100,000.00 of 91-Day Treasury Bills
will be received by the Banking Manager, The Central Bank
of The Bahamas, Frederick Street, Nassau up to 3:00 p.m on
Friday, November 28, 2008. Successful tenderers, who will be
advised should take up their bills against payment on

ment to substantially enhance the electronic information ex-
change capabilities with the clients of the Bahamas Customs

Dae

2. Provision of an Solicatin suite written using Visual Age
Generator (IBM) i in a.client environment but compiled to
COBOL on the AC/400 using an DB2 database for he Baha-
mas Customs Department Systems (CAS).

terminal?. -
Which airline terminal has complimentary wireless internet
service?
Which airline offers full concierge service to their passengers?
Which airline offers complimentary bottle water on all of it flights
Which terminal area offers passengers mee Water, Coffee, Tea
and Popcorn?
_ Which airline offers its passengers ‘free parking with 24hrs.

Tuesday, December 2, 2008. These bills will be in minimum —
multiples of B$100.00. Tenders are to be on special forms
obtainable from the. Central Bank of The Bahamas or
Commercial Banks.

Tenders will be opened at 10:00 a.m. on Tuesday, 2nd De-

cember, 2008 at the meeting of the Tenders Board at the Tenders must state the net price percent (in multiples of one~

Ministry of Finance. eceuiity? cent) and should be marked “Tender”. The Central Bank of the
Which airline rewards you with a free ticket for every ten you i :
purchase? Bahamas reserves the right to reject any or all tenders.

Further information. could be obtained from website: Which airline fas. the most experience flight crew?
FD PE ee a - Performance Air Ltd.
The Bahamas Finest Airline
www.Performance-air.com
Tel. (242) 362-1608/362-2302

The Ministry of Finance reserves the right to
_ reject any or all tenders.

Oo oe KR OK OB RR OK OK OB OK KR RK


THE | RIBUNE

I HURSVAY, NOVEIIBER 2/, 200%, PAGE /B



@ By STEPHEN CASTLE
and DAVID JOLLY _ |
c.2008 New York Times
News Service

BRUSSELS, Belgium —
Seeking to revive the region’s
rapidly deteriorating economy,

the European Commission on,

Wednesday proposed a stimu-
lus package totaling 200 billion
euros, or $256.22 billion.

The commission, the execu-
tive arm of the European
Union, said in Brussels that the
stimulus measures were neces-
sary to bolster growth and
employment in the European
Union’s 27 member. countries.
Just Tuesday, the Organisation
for Economic Cooperation and
Development predicted that

_ the 15 countries of the euro
zone would contract next year
by a combined 0.6 per cent, and
economists have begun speak-
ing of 2009 as a “lost year.’

The stimulus plan was larger
than many economists had
expected. It calls for spending
of “around 200 billion euros”
or 1.5 per cent of the European
Union’s gross domestic prod-
uct. Most of the money —
about 170 billion euros —
would come from member-gov-

ernment spending, much of |
- which has already been

announced.

The remaining 30 billion
euros will come from the bud-
gets of the European Union
itself and the European Invest-
ment Bank.

“Exceptional times call for
exceptional measures,” said
Jose Manuel Barroso, the com-
mission president, said at a

news conference in Brussels. °

“The jobs and well-being of our
citizens are at stake. Europe
needs to extend to the real

economy its unprecedented

coordination over financial

RNC enjoys

50% asset growth



FROM page 1B

headquartered bank can use the
strength of both major regional
players as sales and distribution
channels throughout the
Caribbean.

“Royal Bank will maintain
their key locations:in Jamaica
and Trinidad, we will have our
locations, and effectively cover
all the major economies in the
Caribbean,” Mr Anderson said,
pointing out that RoyalFideli-
ty would be able to access US
dollar financing through Royal
Bank and RBTT. ©

Apart from the Bahamas and
Barbados, Royal Fidelity,
through the’ presence of its 50
per cent parent, Fidelity Bank
& Trust International, will also
be able to extend its reach into
the Turks & Caicos Islands and

bados after¢ effectively, absorb-
ing into its operation part of a

Royal Bank unit that was-

already there.

This was part of the wider
transaction that saw Royal
Bank take a 50 per cent stake in
Bahamas-based Fidelity Mer-
chant Bank & Trust, for $9 mil-
lion, with both the Canadian
bank and the merchant bank’s
parent contributing $5 million
each to RoyalFidelity’s capital
base. The merchant bank was
subsequently renamed Royal-
Fidelity.

Mr Anderson said the advan-
tages of expanding beyond the
Bahamas included diversified
revenue streams and different
business opportunities for
Bahamian companies, reducing
. their dependence on just one

economy.

He warned Bahamian.com-
panies: “I think it’s one of those
situations that unless you can
build scale, ultimately you end
up being taken over by the larg-
er regional players who want
access to this market. It’s either

you build your business or

someone will take it over and
build it for you.

“It’s simply that you become
an acquisition target. You need
to have scale, you need to have
regional relationships and build

your business. It’s not some-.
thing you can do by yourself.’
. Working together, you can

leverage infrastructure, expand
a lot faster 'and more cost effec-
tively. ”

On the tie-up with Royal
Bank, Mr Anderson added:
“With the Royal Bank brand
effectively with us, we have a

' huge opportunity to grow our
the Gayman Islands... si. eo:
RoyalFidelity entered: Bar-:..

asset -base. We can-leverage

their: reputation and-presence :
in these’ markets ‘to help build’

our business.

“J think the’ synergies
between ourselves and Royal
Bank are excellent, and the
potential of the wider relation-
ship, in Jamaica and Trinidad, is
huge. It affords opportunities

to provide a wider range of ser-.

vices to a much larger market.”

Royal Bank’s stake in Roy-
alFidelity also meant the latter
would be able to tap into the
Canadian giant’s global capital
market expertise on the really
major deals.

RoyalFidelity currently has a

staff of around 30 split between
its Bahamian and Barbadian
offices, having outsourced
administration in those nations
to Fidelity and Royal Bank
respectively.

TN

| Applications for the position of:

~_ASSISTANTMANAGER fora ;
i RETAILSTORE
~ Must have experience in managing people.
Must have excellent organizational skills,
Excellent customer service and sales skills

Please mail .
Resume and photograph to:

Assistant Manager Position
P.O. Box SP-63144
Nassau, Bahamas

BAHAMAS FIRST
HOLDINGS LIMITED

NOTICE TO SHAREHOLDERS

Bahamas First Holdings Limited hereby notifies all its

shareholders that based on unaudited financial results

of,the Company for the quarter ending 30‘ September

2008/Projections- 31** December 2008, the Board of

Directors has declared an interim dividend of five cents

(5¢) per common share to be paid on 15** December 2008

to all shareholders of record as of 1* December 2008.



INTERNATIONAL BUSINESS

Dine oO Ns ee aa
Major stimulus planned for Europe

markets.”

This recovery plan is big and
bold, yet strategic and sustain-
able,” he said.

Gilles Moec, senior -econo-
mist at. Bank of America in
London, said, “On the face of
it, it’s more ambitious than the
one per cent of GDP that had
been expected.“ But, he noted,
with only 30 billion euros of the
total package coming from
Brussels, “I’m a bit circumspect
in the absence of tangible com-
mitments from national gov-
ernments.”

- Barroso stressed that the
European Union’s budgetary
rules, which were revised in
2005, would remain in place,
but he said they would be
applied with maximum flexibil-
ity. He said that while member
states would be asked to spend
on average 1.2 per cent of their
gross domestic product on fiscal
stimulus, not every country

would be expected to take part.

*We’re not going to ask
countries that are under pro-
grammes of the IMF to increase
their spending,“ he said, refer-
ring to Hungary, which in Octo-
ber worked out a $25 billion
bailout package with the Inter-
national Monetary Fund.

The monetary affairs com-
missioner, Joaqumn Almunia,
said that countries that
breached the deficit ceiling of
three per cent of GDP would
face official reprimands, but
would be given longer than usu-
al to bring their budgets back
into balance because of.the
exceptional circumstances.

Barroso said that the euro
had protected a number of the
region’s economies from the
worst effects of the financial
crisis and that it was vital to
retain the credibility of the cur-
rency. He added that it was
impossible to have a strong

NOTICE

NOTICE is’ hereby given that MARIE-YOLA: CAJUSTE-
CADOT of MARSH HARBOUR, P.O. BOX AB-20554,
ABACO, BAHAMAS is applying to the. Minister responsible
for Nationality and Citizenship, for registration/naturalization

as a citizen of The Bahamas, and that any person who
knows any reason why registration/ naturalization should
not.be granted, should send a written and signed statement
of the facts within twenty-eight days from the 27TH day of
NOVEMBER 2008 to the Minister responsible for Nationality
and Citizenship, P.O.Box N-..7147, Nassau, Bahamas.










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euro without a credible set of
rules for the governments of
member countries.

The measures proposed
Wednesday include accelerat-
ing the payment of 6.3 billion
euros in European Commission
financing for regional aid pro-
jects, channeling money more

quickly to national govérn-.

ments, mostly to Europe’s new-
er, formerly Communist coun-
tries.

There is a further plan to
speed up to 2009 and 2010 the
spending of five billion euros
of already pledged money on
energy infrastructure and
broadband communications.

While the commission has
limited powers over member
country’s finances, the
announcement was intended to
spur leading economies like
Germany into producing
national recovery plans.

Officials face a difficult task







PUBLIC NOTICE
INTENT TO CHANGE NAME BY DEED POLL

‘The Public is hereby advised that we, CAROLYN BOWLEG and JOHN
STUART, the natural mother and father of DEJON CARRINGTON
BOWLEG a minor of the Southern District of the Island New Providence
intend to change our son’s name from DEJON CARRINGTON BOWLEG
to. DEJON CARRINGTON STUART. If there are any objections to this
change of name by Deed Poll, you'may write such objections to the q |
Chief Passport Officer, RO.Box N-742, Nassau, Bahamas no later
than thirty (30) days after the date.of publication of this notice.

in coordinating action. among
countries with different cur-
rencies and differing degrees of
economic distress. Some mem- .
ber governments have already
announced fiscal policy mea-
sures of conflicting design.
Britain for example is cutting
its sales tax, while Ireland.-is
raising its own.

It is currently impossible to
say exactly how much of the
national governments’ 170 bil-
lion euro contribution has
already been pledged, Moec
said, though that should
become clearer at a December
meeting of European econom-
ic and finance ministers.

Moec said the biggest Euro-
pean economy, Germany, was
also the biggest question mark.
Angela Merkel, the German
chancellor, warned lawmakers
that the country should not get
into ”a race for billions“ with
other countries.










NOTICE

NOTICE is hereby given that TALMA CAJUSTE of MARSH
HARBOUR, P.O. BOX AB-20554, ABACO, BAHAMAS
is applying to the Minister responsible for Nationality and

Citizenship, for

registration/naturalization as a_ citizen

of The Bahamas, and that..any person who knows any
reason why registration/ naturalization should not be
granted, should send a written and signed statement of .
the facts within twenty-eight days from the 27TH day of
NOVEMBER 2008 to the Minister responsible for. Nationality...
and Citizenship, PO.Box N- 7147, Nassau, Bahamas.;:

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THE TRIBUNE

THURSDAY; NOVEMBER 27, 2008, PAGE 9B



RS a
Obama chooses economic advisers

@ By SARA KUGLER
Associated Press Writer

CHICAGO (AP) — President: elect Barack
Obama pledged on Wednesday to have an eco-
nomic plan ready for action to deal with the
nation's financial crisis on his first day in office.
"Help is on the way," he declared.

He also pushed back against criticism that he was
recycling former Clinton administration officials as
he builds his new economic team. He said his Cab-
inet would ' eonome experience with fresh think-

"

ing.

In his third news conference on the economy in
as many days, Obama announced he had chosen
former Federal Reserve Chairman Paul Volcker to’
head a new White House panel to help create jobs
and bring stability to the ailing financial system.

Volcker, 81, will head the President's Econom-
ic Recovery Advisory Board. The board's top staff
official will be Austan Goolsbee, a University of

Chicago economist.

Volcker is a legendary central banker who raised
interest rates and restricted the money supply to
tame raging inflation in the 1980s. It was a painful

Goolsbee...

prescription that helped send the economy into said.

one of the nation's worst recessions.

"He pulls no punches," Obama said of Volcker.
"He seems to be fairly opinionated."

Fifty-five days before his inauguration, Obama
defended his selection of former Clinton oreials
_ to help run his administration.
"The American people. would be troubled if I



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US’ PRESIDENT-ELECT Barack Obama (right) stands
with former. Federal Reserve- Chairman Paul Volcker,
- chairman-designate of. the Economic Recovery Advi-
. gory Board (left). and chief economist-designate Austan

selected a.treasury secretary or a’ chairman of the

‘National Economic Council at one of the most .
critical economic times in Our history who had no ©
experience in n, government whatsoever,"

Obama

"What we are going to do is combine experience
with ‘fresh thinking,"-he said. "But understand
where the vision for change comes from. First and
foremost, it comes from me. That's my job, is to-
provide a vision in terms of where. we are going

and to make sure then that my team is imple-

menting,"

Reports: US economy hit from all sides

iH By MARTIN CRUTSINGER
’ AP Economics Writer

WASHINGTON (AP) —
The ‘government released. a
quartet of reports Wednesday
that paint a bleak picture of the
nation’s economy: Jobless
claims remain at recessionary

levels, Americans cut back on’

their spending by the largest
amount since the 2001 terrorist
attacks, orders to US factories
plummeted and homes sales fell
to the lowest level in nearly 18
years.

The Labour Department
reported that initial requests for
unemployment benefits fell to a
seasonally adjusted 529,000
from the previous week’s
upwardly revised figure of
543,000. But claims remain at
recessionary, levels. The four-
week average, which smooths
out fluctuations, rose to 518,000,
its highest level since January
1983, when the economy. was
emerging from a steep reces-
sion.

One minor bright spot —

showed the number of people
continuing to claini unemploy-
ment insurance dropped unex-

pectedly to 3.96 million, from,

the previous week’s 4. 02 mil-
lion, which was the highest lev-
el in 25 years. The labour mar-
ket has grown by about half
since 1983.

Meanwhile, the Commerce
Department reported that con-
sumer spending plunged by one
per cent in October, even worse
than the 0.9 per cent decline
that had been expected. Con-
sumer spénding accounts for
two-thirds of total economic
activity.

Orders to US factories for
big-ticket manufactured goods
also plunged last month by the

- largest amount in two years. —

Orders for durable goods
dropped by 6.2 per cent, more
than double the decline econo-

mists expected. The Commerce
Department report, showed
widespread declines through-
out manufacturing led by

decreases in autos and air-

planes.

The department also reported
that new home sales decreased
5.3 per.cent last month to a sea-
sonally adjusted annual sales

' pace of 433,000 homes, the low-
est level:since January 1991, -

another period when the coun-
try was undergoing a steep
housirig downturn.

The median price of a new







Located approximately

home sold in October fell to
$218,000, down seven per cent
from a year ago, and the lowest
since September 2004.

Wall Street appeared ready,
to give back some of its recent
gains as investors reacted to the
downbeat economic readings.
The Dow Jones industrial aver-
age fell more than 60 points in
early trading Wednesday. 1 he
stock market is coming off. of
three sessions of gains, so some
giveback, especially with disap-
pointing data, is to be expected.

With the economy showing
further signs that it is headed

. into a steep swoon, the admin-
istration and the Federal ©

Reserve rolled out two new pro-
grammes Tuesday that would
provide up to $800 billion in an
effort to get more loans flow-
ing in such critical areas as
mortgage lending, credit cards,
auto loans and small business
loans.

Credit markets liked the new
efforts, but private economists
said the new moves were not
likely to be the last changes in
the government’s vast rescue
programme, which has already
undergone significant alter-
ations since it was passed by
Congress on October 3.

Analysts believe more work
will need to be done because of

their " expectations that the econ- .

omy’s vital signs will continue to
worsen as the country slips into
what many believe could be the

worst recession: since the early:

1980s.

The unemployment rate has

hit a 14-year high of 6.5 per

cent, putting pressure on per- |

sonal incomes. The government
reported’Tuesday that the over-
all economy, as measured’ by
the gross domestic product,
shrank at an annual rate of 0.5
per cent in the July-September
quarter, reflecting the fact that

consumer spending fell at the _

fastest pace in 28 years.
Nariman Behravesh, an econ-

. omist at IHS Global Insight,

said he was expecting GDP to
shrink at a four per cent rate in
the current quarter, reflecting
the battering consumers ate tak-
ing from the worst financial cri-
sis since the 1930s. He predicted
that the economy would. remain
in recession through the first
half of next year.

“We are in the early stages

' of one of the worst recessions in

the postwar period, even fac-
toring in a massive stimulus pro-
gramme,” Behravesh.

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For further information, please contact: 356-1608 or 356-1685. :

To revive the economy, Pres-
ident-elect Barack Obama has
said a top priority will be work-
ing with Congress to enact a
stimulus package with the goal
of creating 2.5 million new jobs
over the next two years, Ana-

lysts believe such an effort will

require spending betweén $500 .
billion to $700 billion, a figure
that would be on top of all the
money being spent to stabilize
the financial system. .

In the latest efforts to stabi-
lize the financial system,.the -
Federal Reserve announced
Tuesday that it will buy $200
billion in securities backed by
different types of debt including

‘credit card loans; auto loans, |

student loans and loans to small

- businesses. That market essen-
* tially froze in October. These

types of loans asa result have.

’ become harder to obtain and’

have carried higher interest
rates

The Fed also announced that :
it will spend $500 billion to buy
mortgage-backed securities .
guaranteed by mortgage giants
Fannie Mae .and Freddie Mac
and another $100 billion to
directly purchase mortgages *
held by Fannie, Freddie and the
Federal Home Loan Banks. .

This would greatly expand an
initial modest effort announced
in September with the. goal of
creating increased demand for
mortgage-related assets. The .
hope is that this will drive down.
the price of mortgages and
make home loans more. avail-
able.

Analysts predict the-Fed pro-
gramme could send mortgage

“tates down by as much as one-

half to a‘ full percentage point in
coming months, helping to spur ~
demand in the beleaguered -
housing market, which is suf-:
fering its worst downturn in
decades. “

‘The latest federal moves
raised US commitments to con-
tain the financial crisis to near-
ly $7 trillion — though no one
thinks ‘the government will actu-
ally spend anything like that fig-
ure.

In the case of the Federal

-Reserve, the amount covers

huge loans that financial insti-
tutions will have-to pay back.
In the case of the Treasury res-
cue effort, the government will
at some point sell the stock it
owns back to the banks, pre-
sumably when the banking sys-
tem is doing better and the
stock will be worth more.


PAGE 10B, THURSDAY, NOVEMBER 27, 2008 THE TRIBUNE

MISCELLANEOUS PROPERTIES

THE TRIBUNE,
November 27, 2008









side.Painted white trimmed light agua.



Lot No. 181, Dorsetteville Bamboo Town

All that piece parcel or lot of land having an area of 5,000 sq ft, being lot # 181, of the subdivision known as Dorsetteville which is situated in the southern district of New
Providence located on this property is an approximately 25yr old single family residence comprising of approximately 1,162 sq ft & consisting of 2-bedrooms, 1-bath, kitchen,
living, dining room & carport. The land is on a grade and level; the site appears to be sufficiently elevated to disallow the possibility of flooding during heavy rainy periods. The
grounds are fairly kept with improvements of concrete parking area & concrete walkways around the premises. The yard has chained linked fencing at the sides and back.

Appraisal: $149,016.00

Traveling East Street South, turn right at porky’s service station [Victoria Blvd]. Take the 4th corner on the right (Raynell Drive) the subject property will be the 4th on the left



This property is situated in Eleuthera Island Shores.



Eleuthera Island Shores Subdivision LOT NO. 1, BLOCK NO. 45,

SECTION E, ELEUTHERA ISLAND SHORES

All that piece parcel or lot of land having an area of 9,644 sq. ft. being lot #1 in block 45, Section “E” in the subdivision called and known as Eleuthera Island Shores Subdivision,
situated in the vicinity of Hatchet Bay Harbour, on the island of Eleuthera, one of the islands of the Commonwealth of The Bahams. This site.encompasses a two storey
building which is approximately 14 yrs old and is abandoned. There is a wooden landing approximately 7’-4” wide by 20’-0” on the upper level, approximately 1,610 sq. ft. of
enclosed living space, with 3-bedrooms, 2-bathrooms, front room, dining room, den, kitchen, and utility room. The wooden porch on the upper level is approximately 148sq.
ft. There is also a water cistern under the dining room floor area. All utilities and services available. 5 ;

Appraisal: $151,007.00



the possibility of flooding during heavy rainy periods.

white.

Lot No. 186, Coral Harbour Waterways, Coral Harbour

All that lot of land having an area of 12,150 sq ft, being lot # 186, of the subdivision known as Coral Harbour Waterways, situated in the western district of New Providence. Located on this
property is a single family residence comprising of approximately 2,482 sq. ft. of enclosed living space consisting of 3-bedrooms with closets, 2. bathrooms, kitchen, living, dining, family &
utility rooms with office (loft), the residence is also equipped with 2-car garage with electronic doors the land is on a grade and level; the site appears to be sufficiently elevated to disallow

Appraisal: $427,726.80

Take coral harbour road from the round about, head straight toward the canal, take about the 3rd right, hopkins drive. the subject property will be the Ist house on the right side painted all



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

Appraisal: $188,406.00 ,

Heading west along Soldier Road take main entrance to



on the left then 1st right, house is second on your right
with garage.

DUNDAS TOWN (ABACO)

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



Appraisal: $265,225.00

: LOT NO. 12, BLOCK 3, MILLAR’S HEIGHTS.

12, of the subdivision known and designated as Millar’s
Heights, situated in the Southwestern district of New
Providence, Bahamas. This property is comprised of a 25
yr old single family residence consisting of approximately
2,375 sq. ft of enclosed living space with three 2-bedrooms,
1-bathroom, living/dining rooms, and kitchen apartment
complex. The land is on a grade and level and appear to
be sufficiently elevated to disallow the possibility of flooding
2 during annual heavy rainy periods. The grounds are fairly
kepi, with improvements including parking area, walking pathway and low shrubs. The yard is enclosed with chain
linked fencing at the back and southern sides. : :



Appraisal: $239,500.00

Traveling west on Carmichael Road, enter West Avenue; on the South side immediately after Topps Laundromat. Take
first right which is Wimpole St., go. around the curve on the left which is London Avenue, traveling south on London
Avenue the subject property is the 9th building on the right before the T, Junction (high street) the subject building is
an L shape triplex, painted green, trimmed white. ~ shee ,








Bogue North Eleuthera, All utilities and services available.

Kennedy Subdivision on the left, then take the 1st corner -



All that lot of land having an area of 7,500 sq. ft., being lot

WYO ails

Lot No. 3 Yamacraw , Beach Estates

All that lot of land having an area of 10,000 sq ft, being
lot no. 3 in Yamacraw Beach Estates, in the said
subdivision situated in the eastern district of New
Providence Bahamas. Located on the subject property
is a single-storey triplex building comprising of 3 units
with two 2-bedrooms, 1-bathroom, living, dining, kitchen
apartments unit and one unit being used as a barber and
beauty salon. the land is on a grade and level; however
the site appears to be sufficiently elevated to disallow
the possibility & flooding during annual heavy rainy
periods of the year. 7



Appraisal: $31 3,016.00

Traveling south on Fox Hill Road, go pass Yamacraw Hill Road and. Joe Farrington Road. The subject
property is-located on the left hand side of Fox Hill road painted white trimmed. brown.



Dorsettieville, Bamboo Town - Investment Opportunity Must Sell Lot No. 51

All that lot of land having an area of 5,000 sq ft, being lot no. 51,
of the subdivision known as Dorsetteville, the said subdivision
situated in the southern district of New Providence Bahamas.
Located on the subject property is a structure comprising of an
approximately 20yr old duplex apartment comprising’ of
approximately 1,641 sq. ft. of enclosed living space which includes
‘two 2-bedrooms, 1-bath, kitchen, living & dining rooms units. and
an approximately 9yr old one bedroom apartment building
comprising of 382 sq. ft. with bath, kitchen, living/dining room. the
‘land is on a grade and level; the site appears to be sufficiently
elevated to disallow the possibility of flooding during annual-heavy
rainy periods of the year. The grounds are fairly kept with improvements
-of concrete parking area’ & ‘concrete walkways around the premises.





ap The yard is enclosed with chained linked‘fencing at the sides and back.

/ Appraisal: $202,225.40 ‘ me ee

Traveling south on East Street from Soldier Road, turn -right at Porky’s Service Station [Victoria Blvd]. Travel pass the third

corner on the left, the. subject property will be the 9th on the left side. Painted green trim white.



Investment Opportunity Must Sell Lot No. 217
Pinewood Gardens Subdivision

All that lot of land having an area of 5,000 sq ft, being Lot
No. 217 of the Subdivision known as Pinewood Gardens, the
said subdivision situated in the Southern District of New
Providence Bahamas. Located on this property is a structure
comprising of an. approximately 20 yr old single family residence
consisting of 992 sq. ft of enclosed living space with 3-
bedrooms, 1-bathroom, living/dining rooms, kitchen, drive
way and walk way. The land is on a grade and level and
appears to be sufficiently elevated to disallow the poscibility
of flooding. The grounds are fairly kept and yard is open.

Appraisal: $127,988.00 _



Traveling south on East Street to the junction of Soldier Road, make a left at the light then turn right into Kennedy
Subdivision, go all the way to T-junction, turn right then first leftthen right again toward Mount Tabor Church building,
after passing Mount Tabor take first left (sapodilla blvd), the subject house is about 400 yards on the right painted vellow
trimmed green, with green and white door. : : :

?

ELEUTHERA - LOT NO. 90-D, LOWER BOGUE

All that piece parcel or lot of land containing 42,616 sq. ft. and being Lot # 90-D on a Survey plan situated in the settlement of Lower Bogue on the island of Eleuthera, this
site encompasses a commercial building consisting of a restaurant and disco that is approximately 13 yrs old, with.a total sq. ft. of approximately 4,852.12, which includes
male & female rest.rooms, stage area, 2-dressing rooms, dining room, commercial kitchen and storages inprovements also includes a 660.4 sq,.ft, front veranda, 752 sq,
ft, concrete walk-ways, and 192 sq, ft, back porch. This building is central air-conditioned. ; *

Appraisal: $490,671.00.

This property is situated on the western side of the main Eleuthera Highway & approximately 2,219 ft. northerly of Four-For-Nothing Road, in the settlement of Lower



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

a topography of approximately 2 ft. with all utilities and services available.

Â¥ .

ISLAND HARBOUR BEACH, EXUMA

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

Appraisal: $80,000.00

MUTTON FISH POINT NORTH ELEUTHERA

All that piece, parcel or tract of land containing 1 acre situated about two miles northwestward of the settlement

of Gregory Town on the island of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and is
bounded and abutting as follows:- Northwestwardly by the main Queens Highway and is running thereon for a
distance of 125.462 feet northwestwardly by the land now of formerly the property of Coridon Limited, and
running thereon for a distance of 390.274 hundredth ft.; southwestwardly by a 30’ wide road reservation and
running thereon for a distance of 128.128 hundredth ft; southeastwardly by thé land now or formerly the property
of the Venor and running thereon for a distance of 322.955 hundredth ft. This property having an area of
approximately 44,847.76 sq. ft. This neighbourhood is zoned commercial development and is quiet-and peaceful
with a topography of approximately 2 ft. with all utilities and services available. ;

APPRAISAL: $51,574.00

This lot is vacant land and is located in the area known as “Mutton Fish Point”

APPRAISAL: $51,421.00

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

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

For conditions of sale and other information contact

Philip White @ 502-3077 email philip.white@scotiabank.com or Harry Collie @ 502-3034 ¢ email harry.collie@scotiabank.com e Fax 356-3851




THE TRIBUNE THURSDAY, NOVEMBER 27, 2008, PAGE 11B

INVESTMENT OPPORTUNITY

MISCELLANEOUS PROPERTIES THE TRIBUNE,

November 27, 2008



Lot No. 5, Block 20 Millar’s Heights

All that lot of land having an area of 7,500 sq, ft, being Lot 5 block 20, of the subdivision known as Millar’s, the said subdivision situated in the southwestern
district of New Providence, Bahamas. Located on the subject property is an approximately 19 yr old single-storey duplex apartment consisting of approximately
1,524 sq. ft. of enclosed living space with two 2-bedrooms 1-bathroom, living, dining rooms & kitchen. Ventilation is by wall air-conditioning units in the
bedrooms. Minor repairs needed. The land is on a grade and level; however the site appears to be sufficiently elevated to disallow the possibility of
flooding during annual heavy rainyperiods of the year. The grounds are fairly kept, with improvements including parking area & walking pathway. The
yard is inclosed with chain linked fencing at the back & southern sides, with low wall in front

Appraisal: $182,536.00

Traveling west on carmichael road, go pass the intersection of faith avenue heading towards Bamboo Shack. Take the corner opposite Bamboo Shack
where washhouse is located. Heading south all the way through, the subject property will be the 3rd on. the left side after passing the 3rd corner painted
yellow trimmed green.





LOT.NO. 2 MORIGOLD FARM SUBDIVISION | Lot #4 Jackfish Drive, Golden Gate #1















All that lot of land having an area of approimately 5,638
sq. ft. being lot No. 2 of the subdivision known as
Marigold Farm Subdivision, the said subdivision situated
in the Eastern District of New Providence and located
Lumumba Lane North off Marigold Road situated on
the property is a 6year old single storey residence
consisting of 3 bedrooms, 2 & 1/2 bathrooms, living,
dining, kitchen and utility room. The Land is on a grade
and level and appears to be sufficiently elevated to
disallow the possibility of flooding. The property is open
from the front but has chain linked fencing at the sides

Appraisal: $197,107.60



and back.

Take Joe Farfington Road heading east, turn onto Marigold Farm Road go pass Marigold Farms, then turn right
onto Lumumba Lane, go almost to the middle of the corner and the subject property is about the eight house
‘on the right hand side of the road.





HAMILTON’S, LONG ISLAND










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



LOT LOCATED STELLA MARIS, .
LONG ISLAND






All that lot of land having an area of 30,000 sq
ft, more or less, having a 150 ft of road frontage
& running back 200 ft at its most is located -
within the Stella Maris Subdivision in North
Long Island one of the Island of the
Commonwealth of The Bahamas. Located on
this property is a 6yr old split level residence
consiting of approximately 3,058 sq. ft. of
E enclosed living space with 2-bedrooms, 2-
bathroms, living, dining & tv rooms, kitchen & breakfast room, also a garage which serves as a laundry
room. There i is also attached to the home a 10,000 gallon rain water holding tank & 1,202 sq ft of tiled patio.














Appraisal: $67,000.00.

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








Appraisal: $658,000.00

LOT NO. 359, ELIZABETH
ESTATES

All that lot of land being Lot No. 359,.
in the subdivision known as Elizabeth.
Estates situated in the eastern district of
New Providence, Bahamas & having an
area of approximately 5,000 sq. ft. located
on the subject property is a 22 year old
single family residence comprising of
approximately 871, sq, ft of enclosed
living space consisting of 3-bedrooms,
1-bathroom, living, dining, kitchen, &
- laundry room. The land is flat but appears
to be sufficiently elevated to withstand the annual rain fall. The property is landscaped.& contains low
shrubs, flowering & fruit trees :

(LOT NO. 62, LOWER BOGUE)
ELEUTHERA




All that piece seneel or lot of land and
improvements, in the settlement of Lower Bogue,
North Eleuthera, being No. 62, comprising of
about 34,210 sq. ft., this site encompasses a 12
year old single storney home comprising of 4
bedrooms, 3 bathrooms, front room, dining,
breakfast room, kitchen and laundry room, with
a total living area of approximately 2,342.06.
Property also includes a double car garage, and
front entrance with a total sq. ft. of approximately
655.75. This home is approximately & 85% aa The De is well Hatieenee with crab grass, fiascos
and some fruit trees.



Appraisal: $123,425.00



Travelling east on Prince Charles Drive, turn through the main entrance into Elizabeth Estates —
Commonwealth Blvd, travel all the way to Thelma Gibson Primary School: & turn right — St. Vincent

Ave. the subject property will be located on the next corer on the Ren side of Jamaica Ave & St.Vincent |. ee ‘ aus : ‘ ‘
Avenue painted an white. ; : This property is situated on the western side of Eleuthera Highway in the settlement of Lower Bogue.

Appraisal:.$229,426.00

a’



VACANT PROPERTIES

we BLACKWOOD, ABACO
Lot No. 3, Block 8, Derby Subdivision Siresart : ; ;
All that lot of land having an area of approximately 258,064 sq. ft. This property is yet to reach its highest and best use.

All that lot of land having an area of .26 acres, ene Lot # 3, Block 8, Unit 3, of the wubdininion known It is ideally suited to single or multi-family development as is the nature of surrounding properties within the community.
as Derby Subdivision, situate on the Island of Freeport, Grand Bahamas. : The site may also serve well as a commercial site as the area remains un-zoned the property remains largely in its original i
; state. It is covered with low brush and broad leaf coppice vegetation intersperse with broad strands of mature Yellow . |

Appraisal: $65,000.00 Pine indigenous to the area. The property is well drained and represents no immediate flooding danger under normal i

conditions. H

This property is located on Henny Terrace & about 500 yards from Casuarina Drive & 150 yards from the : ; H
Queens Highway. All service & utilities included. The subdivision is zonned as single family residential. APPRAISAL: $219,354.40
The subject property is vacant and is situated at the Southeastern entrance of the Community of Blackwood, Abaco. The
property is undivided and comprises approximately 6 acres of a larger tract of land of approximately 26 acres.

OE RD SUES ee chen Lot No. 1010 # 1011, Pinewood Gardens Subdivision
_ All that lot of land having an area of 10,498 sq ft, being lot B, between the subdivision known as Rock :
Crusher and in the vicinity of Perpall Tract situated in the western district of New Providence, Bahamas.
This property is zoned multi family/single family. Also located on this property is a structure comprising
of a duplex at foundation level under construction, and consisting of approximately 1,566 sq. ft. of enclosed
living space with a patio consisting of 270, sq. ft. the starter bars are in place and foundation poured.

- Appraisal: $97,214.00 aa re est a: Appraisal: $140,000.00

All that lot of land having an area of 10,000 sq ft, being lot # 1010 & 1011, of the subdivision known as
Pinewood Garden, situate in the southern district of New Providence, Bahamas. Located on the subject
property is a foundation of a proposed structure. the land is on a grade & level; however the site appears
sufficiently elevated to disallow flooding during heavy rainy periods.:

Travelling from East Street south, take Sappodilla Blvd then turn onto Pigeon Plum St heading south, the

Traveling West Farrington Road tak ight after t id
Seen Cee tit aap © @ right atver tne: ETE headanariets).60 Spout midwaye subject Propetty is located on the corner of Pigeon Flue te Sora Street.

through to Wilson Street, go though the corner all the way to the dead.end. The propery is located:
behind the chain linked fence at the back of the yard. :

NORTH ELEUTHERA HEIGHTS (ELEUTHERA) Eleuthera - Lot No. 15, North Palmetto Point =»
All that piece parcel or lot of land containing 22,316 sq. ft. being a portion of a 25.166 acre tract “A” &

Lot #20 approximately 11,200 sq. ft., and bounded on North by Early Settler Drive and South by Deal being lot # 15 in a development known as Spanish Main situated in the settlement of Palmetto Point on

Investment Ltd., this is a single family zoning and 50 ft., above sea level. This site encompasses a foundation . . . Sey

with plumbing and roughing inplace and well compacked quarry fill. The concrete floor has not been poured eee one of the Islands of The Bahamas. This area is complete with all utilities and
as yet. The foundation is 2,511 sq. ft. Lot #20 situated 1.5 miles east wardly of the Bluff Settlement. The ah A Ss 1: $65, 832. 00

said lot is vacant and a hill over looking the Atlantic Ocean. ' Peer

This property is situatedat opens Main just off the Bank Road North Palmetto Point South Eleuthera
district.

Appraisal: $41,275.00



Lot B, Marigold Farm Road Allotment 67

All that lot of vacant land having an area of 1,173 acres and being referred to as the plot. the property is lot No. B and is situated on Marigold Farm Road in the area known as Allotment 67, a subdivision situated in ‘the south eastern district of
New Providence Bahamas. This property is zoned multi family. ¢ ’

"Appraisal: $290,000.00

Traveling from Joe Farrington Road onto Marigold Farm Road heading south. The subject is th 2nd to last property on the left hand side of the road near the pond.

For conditions of sale and other information contact

Philip White @ 502-3077 email philip.white@scotiabank.com or Harry Collie @ 502-3034 « email harry.collie@scotiabank.com ¢ Fax 356-3851


PAGE 12B, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE

INVESTMENT OPPORTUNITY
MUST

NEW PROVIDENCE

DGE ESTATES














Appraisal: $930,000.00

All that lot of land having an area
of 30000 square feet, being lot
Number 17 of the subdivision
known as Westridge Estates
» Addition. , District on the island of New
Providence.

_ Located on the subject property is
» a newly con-structed single storey
_ Structure comprising 6,000 feet of
‘fiving space with .a three Car
Garage.

The building is 75% completed and comprises five bedraoms, four and a half baths
study, living/dining, family room, kitchen, laundry and generator roam.

Location: From SuperValue West Bay, take the road heading west into Westridge, take the first
corner on the Right, Westridge Drive. Subject property will be about the seventh on the right
hand side of the road.

No. 17 W

ESTRI

x






















ARORSOEHAEEHOEROREDOHDORNOOH DORE

Lot 238 SUN CLOSE

Appraisal: $136,000.00
SUNSHINE PARK

with concrete floor, consisting

PARCEL OF LAND, PALMETTO POINT
ELEUTHERA ©

SE LL.
FAMILY ISLANDS







Appraisal: $112,105.00




All that piece, parcel or lot of
y land 2,743 feet East of the
junction of the Palmetto Point
road and = main Eleuthera
Highway containing 2.45 acres.
This site encompasses a 28-
year-old single storey concrete
structure of approximately 832.
square feet of enclosed floor
space inclusive of shop space
and rest room facilities.

PREP RSOLSIEPEGHESEROSEPOED ESE EEESRE

BB

i a oe ELEUTHERA chee

ocated on this 4, square feet /
single/multi family property is a Lot #115 GOVERNMENT SUBDIVISION . a
20-year-old building of T-111 wood HATC Appraisal: $101,023.00



approxi-mately 2,198 square feet
of enclosed space. The structure
was’ formerly used as a retail
store and storage facility. :
Directions: From Golden Gates

Shopping Centre, Baillou Hill Road..
. Take the third corner on the Right after
-passing Farmer’s Market. Take. the
“second Right then First right (Sun Close) subject is the fourth property on the
















Right white trimmed black.

PREOREDEHASAEROESOERHERSEORHOEEDOD
ref

LOT #1440 GOLDEN GATES Appraisal: $335,000.00









: Located on this 6,000 square feet

property is a split level single family
— dwelling comprising four bedrooms,
_ two and a half bathrooms, living and
s dining rooms, kitchen and TV room.
» Attached to the main house is two

se oe one bedroom apartments.

Directiongt"Fake Carmichael Road heading west, turn corner opposite BEM Church, Cedar
Way, thed fake first corner_on the right, Tangerine Street. Subject will be about the second on
the right hand side of the road. * :



Â¥
i
of

ROFHRSH SHRUG LSHEHROSHUSEHE SER EERE

#7 MALCOLM ROAD
Lot 18, House #7, Malcolm Road 3
West having. an area of 5,000 §
square feet. Existing thereon is
a 40-year-old split leveled
residence divided into five (5) @
one bedroom, one bathroom
_| apartments, four located on the
“|; main floor and one on the upper §
portion is made of durock and is



Appraisal: $156,747.50

ey


























about 50% complete. The!
building is in. fair condition and-
is in serious need of

maintenance.

Directions: From Baillou Hill Road heading South pass $.C. McPherson
School, take Malcolm Road heading East. Pass the first corner on the left to
House #7 painted white trimmed green. —

SCHROGCREERSOEROEHNOEROSCHROUROEROSH

Lot 20 COOPER'S TERRACE Appraisal: $91,000.00

OFF KEMP ROAD

The property has a total ¢
area of | approximately §
4,550 sq. ft. Located on the
subject property are 2
structures. Building 1&§
comprise an approximately
-25-30 year old single family |
residence consisting of
approx. 937 sq. ft. of living
space with 3 bedrooms
with closets, 1 bathroom,
living, dining, kitchen and
porch.
Building 2 comprises a single storey building of poured concrete
foundation approximately 20 years old. Floors are tiled; ceilings are sheet
rock with standard plumbing and electrical fixtures. The building appears to
| be occupied as a residence having an area of approximately 283 sq. ft.

‘| DIRECTIONS: Take Kemp Road heading north, turn left on to Cooper’s
| Terrace go about midway through, subject will be located on the left hand

‘side of the road.

te








OF

Ssooseooeneepneeressserssasnseusssseeserasssssesteneerneressesteesesteeesteeseeeoan

| Send bids to Fax: 356-38

51 or P. O. Box N-





ALICE TOWN,



work has been completed, The block work is completed on the
bottom floor with a portion of the upper floor completed.

HET BAY |











Located on this property of 5,500 square feet is a 20-year-old
single family residence of approximately 1,635 square feet of
living space. Included in. this home is three bedrooms, two
bathrooms, living, dining rooms and kitchen. The house is in need

of repairs.

SRFOKROEROEKHSCEROEHDENSOHBOEROOCR

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



SSS

‘The subject property is located on Kingway Road and is

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

RESCHRSSEROSERISCHHSEHSKOSRISCRTOENVE RS

EXUMA

BAHAMA SOUND #18
Lots 17663, 17664, 17665 |

Appraisal: $220,180.00



The subject property is being
developed with a single family
split level residence of CBS
construction with 1956 square
feet of living space. The top
floor. comprises 1496. square
feet and the lower floor
comprises 460 square feet. All
plumbing and electrical rough



FOR CONDITIONS OF SALE AND ANY OTHER INFORMATION CONTACT:
HARRY COLLIE @ 502-3034
E-mail harry.collie@scotiabank.com

PHILIP WHITE @ 502-3077
E-mail philipwhite@scotiabank.com

7518 Rosetta Street, Nassau, Bahamas
THE TRIBUNE

THURSDAY, NOVEMBER 27, 2008, PAGE 13B

INVESTMENT OPPORTUNITY

MUST SELL

FREEPORT



‘Lot 23A, Block KN, John Wentworth Avenue, Unit 1

| BAHAMIA NORTH SUBDIVISION
Appraisal: $718, 000.00

FREEPORT GRAND BAHAMA



Located on this Multi Family jot of 23,564 square feet are two incomplete
buildings. Single story Triplex of 3,502 square feet inclusive of Living and
dining area with full service kitchen three bedrooms inclusive of Master
bedroom and two bathrooms per unit. i

PSHKLSOHRTHRHHRHRSSRHSPRHHOHARHHSEE OER

‘Lot No. 37 BLOCK 33, CHURCHILL COURT,
BAHAMIA MARINA & BAHAMIA 4 SUBDIVISION,
FREEPORT, GRAND BAHAMA Appraisal: idee 000.00



All that lot of land having an area of 16,533 sq. ft. being lot No. 37 of the
subdivision known and designated as Bahamia Marina and Bahamia Section
4 Subdivision, Freeport, Grand Bahama. Located on this property is a
structure comprising. a 3 year old duplex structure which covers
approximately (3,058) square feet. Apartment consisting of two 2-bedrooms,
2-bathroom with private Jacuzzi in master bath, spacious living and dining
room, full service kitchen, a laundry and utility room, foyerfhallway with Jinen
and storage closet. The property is fully secured by six foot plastic coated
chain-link fence runs along the side and rear and adjoins the paiited 4 foot
wall, with 5 foot pillars at front with electronic gate.

Dam lok 1 ot ORR OME SPREE MRERIEReOHRea THE REEH |

Lot 7 Block 8 - BAHAMIA SECTION IV |
FREEPORT, GRAND BAHAMA _ Appraisal: $799,560.00

Located on the property of 1.08 acres
that has been zoned for multifamily
development are four buildings: A, B,
C and D. Houses A and B are
positioned along the road and they
face each other. Houses C and D are
iocated to the rear of the building and
are’ facing each other. . The
constructions of Houses A and B are
just about completed, houses C and D |
are incomplete. The lot is enclosed
with chain linked fence except along
the front where a concrete wall is
erected. A concrete driveway (also
used for parking and about the centre
of the lot) leads from the road and
runs through the middie of the yard
separating House A and B..

Each building contains a total area of
two thousand and seventy-two (2,072)
square feet. Inclusive of the entrance
porch with an area of 182 square feet.

Each house contains an entrance
porch, living and dining rooms and
kitchen, three bedrooms, two
bathrooms, a laundry area, adequate
storage and closet space.



ROCKO NHOGHOEHOOHROEROEHOORHOEHD



Lot 12B, Block LN, Unit 2
BAHAMIA NORTH, FREEPORT Appraisal: $54,000.00

The property is located on Cadwallader Drive and has an area of
approximately 24,001.56 square feet. It is multi-family zoned.

Located



| DERBY SUBDIVISION, FREEPORT Appraisal:



FREEPORT

Lot 1, Block 8, SEA HORSE VILLAGE, BAHAMA.
REEF YACHT & COUNTRY CLUB SUBDIVISION
Appraisal: S220: 000.00 »

FREEPORT GRAND BAHAMA



Situated on this property of 12,500 square feet is a 36-year-old
quadroplex apartment building containing two 2 bedrooms and 2
bathroom units. and two 1 bedroom, one bathroom units. Each unit |
contains foyer, living and dining area, laundry and kitchen.’

ROEKHAESOASOEASEENEEROREOARHOOED

Lot 4 Block U BAHAMIA SECTION. 1 Seen
FREEPORT, GRAND BAHAMA Appraisal: $348

The property has four unequal
sides for a total area of
approximately .38 acres.
on the = subject
property is a split leveled
structure comprising
approximately 4,427 ‘square
feet of enclosed living space,
The space consist of five
bedrooms, three bathrooms,
kitchen, living roem, dining
area, two Bahama rooms, a a double car garage and. UES area. std




721. 00

OSOKLOTTESSOSCHSSCEROTROSCHDORROEROS

Lot 13, Block 11, DERBY SUBDIVISION ; i
Appialcel $180, 300. 00—

FREEPORT GRAND BAHAMA ©





Lot 13 fronts along the northern side of Henny Road at he. énd of the i
cul-de-sac. Its configuration has. four unequal. sides... The rear.
boundary is along the canal. The front boundary has a curvilinear.
road frontage of 45 feet. The rear boundary (canal frontage) ‘with. one:
point of inflection has a total length of 165 feet. The western:side:
boundary has a length of 146 feet and the eastern side a. a: tengeht °
125 feet, These dimensions result in an area of .32 acres. Rites








Erected on this property is an incomplete building of: a 5 proposed
single storey house. The living space is approximately 3,228. square .
feet; inclusive of foyer, living and dining rooms, kitchen, breakfast.
nook; four bedrooms, three bathrooms, powder room,” den, jecngy:
area, study and ampie closet and storage. Spaee: ned

®

SORHMPREFSORESREMPRGSSCABHREHOHHHRATS

Lot 14, Block 11 Ci)
$112,680.00
Lot 14, Black 11 Derby
Subdivision. Located, on the
subject. property of 11,250
square feet, is an incomplete
single storey. single family
house of approximately 1,008 .
square feet of enclosed living |
space, The space.consist of
one bedroam, ane bathroom,
living, dining, kitchen. There
are porches at the front and
rear entrances. age :

FOR CONDITIONS OF SALE AND ANY OTHER INFORMATION CONTACT:
HARRY COLLIE @ 502-3034

E-mail harry.collie@scotiabank.com

or
ete WHITE @ 502-3077
| earl philipwhite@scotiabank.com
Send bids to Fax: 356-3851 or P. O. Box N-7518 Rosetta Street, Nassau, Bahamas


PAGE 14B, THURSDAY, NOVEMBER 27, 2008

THE TRIBUNE



ia en a
New home sales in the US strike 18-year low

i By MARTIN CRUTSINGER
AP Economics Writer

WASHINGTON (AP) —
Sales of new homes fell in Octo-
ber to the lowest point in nearly
18 years while the median price
of a new home dropped to the
lowest level since 2004.

The Commerce Department
reported Wednesday that new
home sales decreased 5.3 per
cent last month to a seasonally
adjusted annual sales pace of
433,000 homes, the lowest level
since January 1991, another
period when the country was
undergoing a steep housing
downturn.

The median price of a new
home sold in October fell to
$218,000, down seven per cent

from a year ago. It was the low-
est median sales price since Sep-
tember 2004.

The drop in new home sales
was bigger than analysts had
expected and left sales 40.1 per

- cent below where they were a

year ago. The bad news on new
home sales follows other reports
this week that paint a bleak pic-
ture of the housing industry.
On Tueday, a report on home
prices and downbeat earnings
results from homebuilder D R
Horton showed further deterio-
ration in the housing market.
The Standard & Poor’s/Case-
Shiller U S National Home
Price Index said home prices
tumbled a record 16.6 per cent
during the third quarter from
the same period a year ago.

Prices are at levels not seen
since the first quarter of 2004.

Fort Worth, Texas-based D
R Horton Inc. reported a near-
ly $800 million loss in its fiscal
fourth quarter on slower home
sales and more than $1 billion in
charges.

A report Monday showed
sales of existing homes fell a big-
ger-than-expected 3.1 per cent
in October to an annual rate of
4.98 million units. The median
or midpoint price for existing
homes plunged to $183,000,
down 11.3 per cent from a year
ago.

The disappointing peiiors
mance for both new and existing
homes showed that the country
is still in the grips of a severe

- housing downturn.

The problems in housing have
sent shockwaves through the
entire economy as mounting
mortgage foreclosures have cost
banks billions of dollars in loan
losses, creating the worst finan-
cial crisis to hit:the country in
seven decades.

President-elect Barack Oba-
ma has said Congress should
begin working on a sizable stim-
ulus programme even before he
is sworn in on January 20, with
the goal of creating’2.5 million
jobs over the next two years to
keep the economy from falling
into a prolonged recession. The
housing industry also is appeal-
ing for help from the new
administration.

The report on new home sales
showed sales were down 18 per

cent in the West and six per cent
in the South.

Sales posted a 22.6 per cent
increase in the Northeast and
were up Six per cent in the Mid-
west. The drop in sales pushed
the inventory of unsold homes
up to 11.1 months, meaning it
would take that long to exhaust
the stock of unsold homes at the
October sales pace.

Builders, who have been

; slashing production in an effort

to get control of inventories, are
being faced with soaring mort-
gage defaults which are dump-
ing more unsold homes on an
already glutted market.

The National Association of
Home Builders reported last
week that its survey of builder
confidence fell to an all-time low

of nine in November, down
from 14 last month:

Index readings higher than 50
indicate positive sentiment
about the market. But the trade
group’s index has drifted below

‘50 since May 2006 and below 20

since April.

The. housing slump already
has cost the country three mil-
lion jobs in construction and
related industries, and the home
builders are urging Congress to
help with increased support for
the industry.-

Tighter lending standards, ris-
ing defaults and fear about the
housing market’s future have
sidelined buyers, an absence felt
acutely by homebuilders such
as Pulte Homes Inc. and Centex
Corp.

INVESTMENT OPPORTUNITY
MUST SELL

FREEPORT

Lot 12 Block 13 Unit 2 *
GREENING GLADE



FREEPORT, GRAND BAHAMA

Located on :this .35 of an
acre property is a sixteen-

year-old — single

residence. comprising four
two bathrooms,
living, dining, storage, utility
and jaundry rooms; there is a
foyer, kitchen and den. The
total area of living space is

bedrooms,

3,016 square feet.



Lot 96 HUDSON ESTATES

family

ABHSHHSHHSSHKTORHSCRKSAKORHESOHRFOHEROE

Appraisal: $254,355.00



Appraisal: $116,190.00

FREEPORT



Lot. 36 SUNRISE PARK SUBDIVISION,
FREEPORT, GRAND BAHAMA

Appraisal: $95,000.00

The property has a total area of approximately .28 acres or 100 by 125
feet. Located on the subject property is a Duplex apartment building,
Apartment 36 A contains a total of approximately 1,526 sq. ft. of living

space. The space consist of 3 bedrooms, 2 bathrooms, kitchen,

living

_toom, dining area, a den and laundry area.



- SFROFROFROSCHOSEHSESCHSSSCSSROSECOSES



Apt. 101 - FAIRWAY MANOR CONDOMINIUMS
FREEPORT GRAND BAHAMA Appraisal: $62,000.00



Located on this 72x102 feet property is a 16 years ald single
family dwelling comprising 1,490 square feet of living space. This
includes, a living, dining and laundry room, kitchen, three
bedrooms, two bathrooms, a garage and entrance porch.



SPSHPSOFCOSTVSOTEROSCPFOSERKSSORVEPSOPLOTE

Apt 9, VILLA MARTINIQUE CONDOMINIUMS
FREEPORT GRAND BAHAMA _ Appraisal: $125,000.00



The unit is a one bedroom unit consists of a living and dining room,
bedroom, kitchen, and bathroom. There is a laundry room facility on
each floor, a common swimming pool, and fencing with an electronic
gate securing the perimeter of the grounds. The rear boundary of the
subject building is the Ruby Golf Course.. The total living area is
approximately 897 square feet.

DERBY
UNIT 3, BLOCK 10, LOT 11 (CANAL LOT)

FREEPORT, GRAND BAHAMA Appraisal: $96,000.00

All that piece, p parcel or lot land being Block 10, Lot 11 of Derby
Subdivision, The land is vacant, rectangular in shape, on level ground
and is on a canal. ‘Gontains approximately 11,250 sq. ft. and.is inva
single family residential area.



» The unit is a one bedroom flat consisting an open area living and
| dining roam, bedroom, kitchen, linen closet and bathroom. The total
| living area is approximately 660 square feet. The porch has an area of
| approximately 75 square feet.



FOR CONDITIONS OF SALE AND ANY OTHER INFORMATION CONTACT:
HARRY COLLIE @ 502-3034
E-mail harry.collie@scotiabank.com

or
PHILIP WHITE @ 502-3077
E-mail philipwhite@scotiabank.com
Send bids to Fax: 356-3851 or P. O. Box N- are SCe\s{s1 Nts mee Uso) teas EET IEEe

NR


er



Shown is today's weather. Temperatures are today's




Today

High

F/C
Albuquerque 55/12
Anchorage 26/-3
Atlanta. 63/17
Atlantic City 50/10
Baltimore - 50/10
Boston 46/7
Buffalo 38/3
Charleston, SC 64/17
Chicago 46/7
Cleveland 39/3
Dallas-= = 68/20
Denver 41/5
Detroit 4215
Honolulu 83/28
Houston === = * 77/25.



THE WEAT




REPORT










Abundant sunshine. Sunny and nice. Bright and sunny. Periods of clouds and Partly sunny and
sun. breezy.
High: 80° High: 81° ~ High: 83° High: 85°
High: 80° Low: 68° Low: 69° Low: 69° ~ Low: 73° Low: 65°
AccuWeather RealFeel PVA ered ill matet itt YrH Merl lm at BLM erate ata} | AccuWeather RealFeel Ee ea ety pe
[FUP LC LTP [87 F | ff 65°F




wind,
elevation on the human body—everything that effects how warm or cold a person feels. Temperatures feflect the high and the low for the day.

The exclusive AccuWeather RealFeel Temperature® is an index that combines the effects of temperature, humidity, sunshine intensity, cloudiness, precipitation, pressure, and

Statistics are for Nassau through 1 p.m. yesterday





Temperature
Sart HIQH oiscscccesssccessctesscessavegusesiecssseccisanr PU E/20 °C
ioe . LOW yas ssscsecessasdecicsticecsassesvicisanedtcasten PE” Fleece
Low: 58° F/14°C Normal igh ...sssssssssssssessssssesssseeeeeeees BO° F/27° C
Z ~ Normal low ...... . 69° F/20° C






















The higher the AccuWeather UV Inde:



xâ„¢ number, the

greater the need for eye and skin protection.









T 7:14 a.m. 2.9 12:42 a.m. 0.
‘TY yoTpm. 23 132 pm. oA
72am. 2.9 1:20am. 0.1

8:04pm. 23 2:11pm. 0.4

8:30am. 2.8 1:59am. 0.1
Sauriay saipm. 22 249pm. 02
su 9:07am. 27 © 2:37am. 0.1
SimeY odpm. 22 3:28pm. 02










@, WEST PALMBEACH Last year's high 83° F/28° C
High: 74° F/23°C Last year's low .. . 14° F/23° GC’
Low: 48° F/9°C Precipitation vs Sunrise...... 6:35 a.m.
As of 1 p.m. yesterday ssc 0.00" Suitset.......5:20 p.m.
: Year to date ............ .. 46.43" New ;
High:75°F/24°C Normal year to date . .. 49.16"
; Low:56°F/A3°C-
eae AccuWeather.com
MIAMI eat = See Forecasts and graphics provided by
At | ge AccuWeather, Inc. ©2008 Nov. 27
High: 76° F/24°C a
F Low: 53° FA2°C High: 79 F/26°C
Ss Low: 65° F/18° C-
ror CATISLAND
High: 75° F/24°G = 25 High: 76° F/24°C .
Low: 63 F/A7 c : Sree Low:61°F/A6°C
SAN SALVADOR
, High: 79° F/26° C
Low: 64° F/18°C







High: 81° F/27°C

highs and tonights's lows.
. : Low: 67° F/19°C






High: 79)
ae Low: 64° F/18°
Friday























Today
Low W High = Low Ww High Low
F/C FC FC FC FIC
39/3 sh = 53/11. 36/2 ¢ Indianapolis 48/8 Sth Philadelp!
23/-5 sn 31/0 26/-3 sn Jacksonville 64/17 48/8 Phoenix CROOKED
50/10 pe 58/14 38/3 4+ Kansas City... 52/11. 29/. 3 Pittsburg! RAGGED ISLAND
31/0 s 55/12 31/0 pce Las Vegas 67/19 46/7 68/20 45/7 Portland, OR High: 80° F/27°C
32/0 s 50/10 34/1. pe Little Rock 2 64/17 42/5 E 56/13 = 35/- Raleigh- le Low:61°F/16°C
36/2 $s 48/8 35/1 pc Los Angeles 66/18 54/12 70/21 54/12 St. Louis :
30/-1 sf. 39/3 28/-2 sf Louisville 54/12 37/2. 9 32/0 i
46/7 s 66/18 46/7 + Memphis 64/17 45/7 58/14 35/1 High: 84°
29/-1 pe 39/3 27/-2> pe Miami 76/24 58/14 (718/25 63/7 : fae
31/0 pc 40/4 30/-1_ sf Minneapolis =». 38/3 23/-5 36/2 22/-5 7
44/6 c 57/13 39/3 -sh- ‘Nashville 60/15 39/3 52/14. 382i
20/-6 c¢ 48/8 26/-3 ¢ New Orleans 73/22 61/16 73/22 53/11
30/-1- pc 41/5 28/-2 sf ‘New York ° 48/8 39/ 51/10 40/4 pe 2/
69/20 pc 82/27 69/20 c Oklahoma City 60/15 38/3 53/11 36/2 68/20 68/20 42/5
“60/5 t 67/19 50/10" sh Orlando 72122 43/6 s" 74/23 58/14 s” Washington, DC 50/10 35/1 s 52/11 35/1



GREAT INAGUA

MAYAGUANA
Mio 84°F /29°C