Citation
The Tribune.

Material Information

Title:
The Tribune.
Uniform Title:
Tribune. (Nassau, Bahamas).
Added title page title:
Nassau tribune
Place of Publication:
Nassau, Bahamas
Publisher:
Tribune
Publication Date:
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 )
9994850 ( OCLC )

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Full Text
P coe ‘VN

OF THE DAY im tovin’ it



HIGH
LOW

70F
60F

——

THE PEOPLE’S PAPER

Volume: 107 No.20

aU a

Contracts set on
first Baha Mar jos

Four Bahamian firms [Q)D) MSE



Miss Bahamas

Wey eot eee

TTL oo



to employ 450 for
Commercial Village

By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

FOUR Bahamian compa-
nies yesterday signed condi-
tional letters of intent for $15
million worth of construction
contracts for Baha Mar's
Commercial Village which will
create 450 new jobs in New
Providence.

The contracts are a fraction
of the $60 million in contracts
Baha Mar will award to
Bahamian contractors for
work on the property's first
phase. Last week the devel-
opers received "the most
important” approval from the
Bahamas Investment Author-
ity and expect to have an
amended Head of Agreement
finalised with Government
"before the end of the year,”
said Baha Mar Senior Vice-
president of External Affair
Robert Sands.

The developers also expect
to close its $200 million loan
facility with Scotia Bank some
time this month.

Ground-breaking on the
Commercial Village should
begin in mid-January 2011.
Managers and engineers are
expected to begin preliminary

work on the core project three
months after the start of the
Commercial Village. However
the influx of Chinese labour-
ers — almost 8,000 will be
working on the project in
phases — are not expected
until around September or
October 2011 to start con-
struction on the core compo-
nent of Baha Mar.

At a signing ceremony at
the Sheraton yesterday, Mr
Sands said: "We can confirm
that we've received the
Bahamas Investment Author-
ity's approval which is the
most important approval.
There's certainly another doc-
ument that has to be complet-
ed, which is the amended
Heads of Agreement, that
should be done imminently.
Those documents are neces-
sary for closing with China
Exim Bank and so we are on a
fast-track to make that hap-
pen before the end of this
year."

John F Dunn and Associ-
ates were chosen to build the
new Fidelity Bank building;
Osprey Developers Co Ltd
will build a new Common-
wealth Bank; Cavalier Con-

SEE page nine



TUESDAY, DECEMBER 14, 2010

es
a

Se eS ieee
ST TAS) eS,

BIGGEST AND BEST

PRICE —75¢ (Abaco and Grand Bahama $1.25)

WEATHER WOES: Chilly temperatures and strong

winds hit the capital yesterday forcing tourists anda. —_
locals alike to wrap up against the cold. Today
should see similar conditions.

Two charged with killing man

after alleged numbers win

By NATARIO McKENZIE
Tribune Staff Reporter
nmckenzie@tripunemedia.net

TWO men appeared before a magis-
trate yesterday charged with killing a man
who allegedly won a large sum of money at
a numbers house just hours before his
death.

Dacinson Berchant, 27, and Brandon
Keith Evans, 29, both of Marsh Harbour,
Abaco, are accused of murdering 36-year-
old Stanley Saintville on Monday, Decem-
ber 6.

Mr Saintville, an Abaco native, was shot
to death at his home in Forest Drive,
Marsh Harbour, hours after reportedly
winning more than $50,000 at a local num-
bers house.

SEE page nine



CHARGED: Brandon Keith Evans (left) and
Dacinson Berchant.





_ BIC STAFF UNIONS
_ IN BID TO HAVE
INJUNCTION LIFTED

By NOELLE NICOLLS
Tribune Staff Reporter
nnicolls@tribunemedia.net

UNIONS representing
BTC employees will
attempt to have an injunc-
tion lifted when they appear
in court today.

The court order was
issued last week after a suc-
cessful petition by BTC,
which claimed the unions
were responsible for an
“illegal work stoppage.”

The injunction restricted
the unions involved from,

SEE page eight

FELIPE MAJOR/TRIBUNE STAFF



GUNMAN ARRESTED
AFTER FAILED KFC
ROBBERY ATTEMPT

POLICE arrested a
would-be armed robber yes-
terday after his unsuccess-
ful attempt to hold up a
Kentucky Fried Chicken
(KFC) restaurant.

It was reported that a man
armed with a handgun
entered the Oakes Field
location, jumped onto the
counter and demanded cash.
He held most of the employ-
ees at bay, however, some
were able to escape from the
building and at the back of
the restaurant.

Unable to open the
locked cash registers or con-
trol escaped witnesses, the

SEE page eight

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PAGE 2, TUESDAY, DECEMBER 14, 2010

THE TRIBUNE



LOCAL NEWS

Controversy over PLP leader's
mid-term decision change

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

THE determining factor as
to whether or not PLP leader
Perry Christie will stay on for a
full term if elected as the next
Prime Minister will depend on
his performance in the post and
nothing else, former MP
George Smith said yesterday.

As a special guest on Island
FM’s radio programme Parlia-
ment Street, Mr Christie made
a complete 180 degree turn
from his previously stated posi-
tion and said he no longer
intends to quit mid-term if re-
elected as Prime Minister in
2012.

“When I said that I would
leave mid-term or when it was
said that I said I would leave
mid-term that was perhaps a
mischaracterization or mis-
statement on my part because I

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - In an effort
to combat crime and help vic-
tims of crime in his constituen-
cy, Pineridge MP Kwasi
Thompson is hosting a commu-
nity forum on crime prevention.

Mr Thompson said crime has
become a serious challenge for
Bahamians everywhere.

“It affects the lives of every

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PENSIONS & INVESTMENTS

Give the special people in your life the gift of opportunity — for education,
travel, a worry-free retirement. Set them on the path to savings and wise
investing to secure their future.

know that people will vote for
you because of what they think
you will do for them. And for
me to hold out the possibility,
that I would not be fair to the
people who would vote for me
to present those programmes
and policies that we will pre-
sent to them in the next cam-
paign,” Mr Christie said.

Noting these remarks, Mr
Smith reminded the former
Prime Minister that no leader
of a political party is voted in as
leader by the general public. It
is the national convention of
either party, he said, that must
decide on such a choice. There-
fore, with a number of other
prospective candidates waiting
in the wings of the PLP’s Par-
liamentary caucus, Mr Smith
said that Mr Christie’s perfor-
mance will ultimately deter-
mine whether he stays on for a
full term, or even be given an
additional five years in office.

“We in political parties are
in the business of winning. He
cannot be judge by talking
about winning. If he wins he
will lead. If he loses, the obvi-
ous will happen,” he said.

Mr Smith added that while
he was one of the first persons
to come out and publicly sup-
port Mr Christie to remain as
leader of the party, he also will
be looking at his performance

Bahamian directly or indirectly.
Pineridge, unfortunately, has
not escaped its effects,” he said.

The forum will be held
tonight at 6.30pm at the Susan J
Wallace Centre on Columbus
Drive.

Residents in the Columbus
Park area, Back-a-Town, Sunset
Subdivision, Freeport Ridge,
Heritage, Pioneers Way area,
Garden Villas and Hudson
Estate are invited to attend.

Speaking at the forum will be

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PERRY CHRISTIE

in office if the opportunity is
afforded him again.

However, the party’s deputy
leader Philip “Brave” Davis
had a different opinion on the
matter.

Speaking with The Tribune
yesterday, Mr Davis said that
he did not think Mr Christie’s
decision to now stay on in office
will cause any issues within the
party, or stir up any former
rivalries for the top post.

“From my perspective,” Mr
Davis said, “I think Christie is
sensitive to the views and think-
ing of the Bahamian public and
he will know when best to go.

“No one is going to push him
out. He will decide when he
wants to go,” he said.



MP holds community forum

representatives from the Royal
Bahamas Police Force who will
give residents tips on what they
can do to protect themselves
and their property.

Mr Thompson said psychol-
ogist Dr Pamula Mills will also
be in attendance to lend her
expertise to help victims over-
come their fear of crime.

He said crime is everyone’s
business.

“The reality is if you are not
part of the solution you are part
of the problem.

“This is a multi-faceted chal-
lenge that requires an equally
multi-faceted approach. It
requires those who commit
crimes to have a change of
heart, mind and lifestyle to stop
committing the crimes.

“There are those who see
and hear things and refuse to
get involved, there are family
members who know and
remain quiet, and there are
those who buy stolen goods,”
he said.

Mr Thompson encouraged
citizens in the various commu-
nities to support the police in its
efforts to fight crime.

“We cannot be paralysed by
the fear of crime,” he said.

“We have also asked the
church to become involved. We
have requested Pineridge
churches to set a time in their
Sunday service to pray for the
community, specifically that we
would have a crime-free Christ-
mas, that God would protect
us all and comfort those who
are victims of crime,” Mr
Thompson said.

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THE TRIBUNE

TUESDAY, DECEMBER 14, 2010, PAGE 3



LOCAL NEWS

Gun violence leaves three
more people in hospital

GUN VIOLENCE contin-
ues to plague residents and
businesses in the capital — the
weekend’s toll leaving anoth-
er three people in hospital.

The reports come amidst
an unprecedented homicide
count and recent statistics that
indicate that the number of
gunshot victims has increased
by nearly half over the same
period last year.

In addition to the two
shootings on Friday and three
armed robberies reported on
Saturday, the police have
released further reports of
criminal activity over the
weekend.

The first weekend shooting
occurred early Saturday
morning when a man was shot
in the arm while at Toote
Shop Corner off East Street.
The victim was approached
by two men, one of whom
pulled out a handgun and
fired at him. The man was
taken to hospital in a private
vehicle and was said to be in
stable condition.

The next shooting occurred
early Sunday afternoon at
Rupert Dean Lane. It was
reported that a 23-year-old
woman and 17-year-old girl
were both shot in the leg fol-

lowing an argument between
a man and a woman. They
were taken to hospital by
ambulance.

Meanwhile, police are ques-
tioning a 30-year-old resident
of Excellence Estates in con-
nection with an armed rob-
bery at an Asue Draw loca-
tion Sunday afternoon. Three
masked men, all armed with
handguns and wearing black
clothing, entered the estab-
lishment on Baillou Hill Road
and Martin Street, and
demanded cash.

Money

They made off with an
undetermined amount of
money in a silver coloured
Honda Inspire.

Half an hour later, police
were called to another armed
robbery at Alexander Boule-
vard, Nassau Village. It was
alleged that two masked gun-
men stole an undetermined
amount of cash from T & L
Solutions, before they fled the
area on foot heading west.
The men were said to be
armed with handguns.

On Sunday evening, short-
ly after 7.30pm, two men were

robbed by a hooded gunman
while walking on Lincoln
Boulevard in the area of
Homestead Street.

The man, who wore a dark
blue hooded jacket and jeans,
stole an undetermined
amount of cash and jewellery
before he fled the area on
foot.

Minutes later, police were
called to a shooting of a 31-
year-old man in the same
area.

The man was outside his
house at Homestead Street
when a gunman wearing gray
pants and a black jacket
demanded cash.

The victim was shot in the
thigh after he told the culprit
he did not have any money.
The wounded man was tak-
en to hospital by ambulance.

Meanwhile in other crime-
related matters, police have
identified two men who were
recently killed.

Police have also identified
the boy who was killed in a
car accident in Exuma as 17-
year-old Mchale Rolle.

The man who was gunned
down on Sunday was identi-
fied as 26-year-old Renaldo
Forbes of Pinewood Gardens.

Mr Forbes’ body was found

CR MAUD



F

THE prosecution is expect-
ed to close its case against
FML CEO Craig Flowers and
several of his employees when
his trial resumes next month.

Mr Flowers was back in
court yesterday although his
trial was unable to proceed
because presiding magistrate
Derrence Rolle-Davis was on
circuit.

Mr Flowers was charged
last year with promoting a lot-
tery and permitting his web
shop to be used for the pur-
pose of conducting a lottery
after police raided FML's
head office on Wulff Road.

Police confiscated nearly $1
million in cash from his estab-

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on August Street near Tucker
Corner with a bullet wound
to the head. Investigators are
without leads in the shooting
— the country’s 93rd homicide.

Anyone with information
that might assist in any of
these investigations should
immediately call police on
911, 919, or call Crime Stop-
pers anonymously on 328-
TIPS (8477).

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lishment. Mr Flowers has Mr Flowers and_ his

pleaded not guilty to the alle-
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A number of his employ-
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patrons were charged with
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PAGE 4, TUESDAY, DECEMBER 14, 2010

THE TRIBUNE





EDITORIAL/LETTERS TO THE EDITOR

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 1972-199]

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

WEBSITE
www.tribune242.com — updated daily at 2pm

On climate, the elephant that’s ignored

CANCUN, Mexico (AP) — The latest
international deal on climate, reached early
Saturday after hard days of bargaining, was
described by exhausted delegates as a "step
forward" in grappling with global warming.
If they step too far, however, they're going to
bump into an elephant in the room.

That would be the U.S. Republican Par-
ty, and nobody at the Cancun meetings want-
ed to talk about the impending Republican
takeover of the U.S. House of Representa-
tives. It essentially rules out any new, legal-
ly binding pact requiring the U.S. and other
major emitters of global warming gases to
reduce their emissions.

In endless hours of speeches at the annu-
al U.N. climate conference, the U.S. political
situation was hardly mentioned, despite its
crucial role in how the world will confront
what the Cancun final documents called
"one of the greatest challenges of our time."

Not everyone held his tongue. Seas rising
from warming, and threatening their homes,
got Pacific islanders talking.

Marcus Stephen, president of Nauru,
spoke despairingly of “governments dead-
locked because of ideological divisions."
Enele Sopoaga, Tuvalu's deputy prime min-
ister, referred to the "backward politics" of
one unnamed developed nation.

A USS. friend, Prime Minister Meles
Zenawi of Ethiopia, told a large gathering
here, "The key thing for us is not whether
the American Congress is controlled by this
or that party," but that richer nations help
the developing world with financial support
— for clean energy sources, new seawalls,
new water systems and other projects to try
to stem and cope with climate change and
the droughts, floods, disease and extreme
weather it portends.

"Which party" does matter, however.
Many Republicans dismiss scientific evi-
dence of human-caused warming, citing
arguments by sceptics that the large major-
ity of scientists are wrong or that the conse-
quences of warming are overstated.

Early in the two-week conference here,
four Republican members of the Senate
Environment and Public Works Committee
sent a letter to Secretary of State Hillary
Rodham Clinton demanding a freeze on
about $3 billion in planned USS. climate aid
in 2010-2011.

The senators said some findings of the
U.N. 's climate change panel "were found to
be exaggerated or simply not true” and said
that at a time of record U:S. budget deficits,
"no American taxpayer dollars should be
committed to a global climate fund based
on information that is not accurate."

The leader of the protest, Sen. John Bar-
rasso of Wyoming, called the financing an
"international climate change bailout.” What
will they call the long-term finance plan
embraced at the Cancun conference, for
$100 billion a year in U.S. and other inter-
national climate financing by 2020?

Norwegian Prime Minister Jens
Stoltenberg, who with Zenawi co-chaired a
U.N. panel on climate financing, was asked
how this U.S. opposition can be overcome.

"T believe that many things might happen
in American politics in a period of 10 years,"
he replied.

Such long, wishful views have dominated
the climate talks for two decades, as the U.S.
remained outside the 1997 Kyoto Protocol
and the modest mandatory reductions in
emissions that other industrial nations
accepted. For the world to agree on a new,
all-encompassing treaty with deeper cuts to
succeed Kyoto, whose targets expire in 2012,
the U.S. Congress must pass legislation to
cap U.S. industrial emissions of carbon diox-
ide and other greenhouse gases.

"I don't think that's going to happen right
away,” Todd Stern, chief U.S. negotiator,
said with understatement here early Satur-
day.

Instead, the Cancun talks, waiting for
another day, focused on small steps on cli-
mate: some advances in establishing a system
to compensate developing nations for pro-
tecting their forests, for example, and in set-
ting up a global clearinghouse for "green"
technology for developing nations.

Cancun's chief accomplishment was to
decide to create, with details to come, a
Green Climate Fund that will handle those
expected tens of billions of dollars in cli-
mate support.

This slowly-slowly approach began at the
climate summit in Copenhagen, Denmark,
last year, when the U.S., China, other big
emitters and some small ones pledged to
carry out voluntary reductions in emissions.

Some say this will be the way global
warming will be addressed, not with “top-
down," legally binding treaties, but with self-
assigned targets, bilateral deals to help cre-
ate low-carbon economies, aspirational goals
set by G-20 summits. If the world busies
itself with such voluntary activities, this
thinking goes, it may all add up to climate
protection.

But scientists do numbers better than
politicians. And the latest U.N. scientific
calculation shows that the current emissions-
reduction pledges, even if all are fulfilled, will
barely get the world halfway to keeping tem-
peratures rising to dangerous levels. The
US. pledge — based on executive, not con-
gressional action — is for a mere 3 per cent
reduction of emissions below 1990 levels.

If too little is done, the U.N. science net-
work foresees temperatures rising by up to
6.4 degrees Celsius (11.5 degrees F) by 2100.
In a timely reminder of what's at stake,
NASA reported last week that the January-
November 2010 period was the warmest
globally in the 131-year record.

At that rate, climate will become the ele-
phant no one can ignore.

(This article was written by Charles J.
Hanley, AP special correspondent).



BIC between
a rock and
a hard place

EDITOR, The Tribune.

The public dialogue for
BTC is long overdue, but the
fact that it is taking place in a
climate of economic uncer-
tainty is not helping this
exchange.

The “overdueness” of this
particular privatisation exer-
cise has been clouded by the
selective disclosures of some
of the information that the
public should be privy to.

Ihave my own reservations
about BTC and surprisingly
enough they have nothing to
do with politics, although the
blame for most of the mis-
steps have to be placed at the
feet of those who attempt to
fool the public on a daily
basis.

BaTelCo has one enemy,
and it is the compression fac-
tor that is caused by the pas-
sage of time and progress of
technology; which has result-
ed in BTC being between a
rock and a hard place.

All of the other noises we
hear have to do with the lack
of preparation and planning
by those who were charged
with stewardship of one of the
nation’s “treasures”, which up
to now has only been a “trea-
sure chest” for some.

What could have been a
very progressive company, a
major communications hub
off the eastern seaboard nev-
er developed to the extent
that it should have.

It was not so long ago that
BaTelCo was “rolling” in
money and its revenue out-
stripped all the other utility

LETTERS

letters@tribunemedia.net



companies. I know that hind-
sight is 20/20 but what was
done by Cable Bahamas
should have been carried out
by a technology arm of
BaTelCo.

You do not have to be a
genius to see that the rate at
which Cable Bahamas is
expanding is closely linked to
the progress of technology
previously mentioned. CB is a
testimony, indictment, picture
of what could have been done
through BaTelCo.

Where do we go from
here? BaTelCo still has a
chance to do what it is man-
dated to do, but it cannot be
seen as a cocoon or safe place
for the 1200 or so employees
employed there — technology
will not allow it.

The communications com-
ponent must be seen for what
it is, relentless, unforgiving,
resourceful, paradigm-chang-
ing and most of all evolving,
and this will become more
evident when the market
opens up and the protections
afforded to what has been a
complacent sector, removed.

It has not occurred to some
that we must be able to do
locally what we can do
abroad.

The ease and efficiency that
Bahamians experience in
their business dealings out-
side of this country must be

experienced in the Bahamas —
one way or another.

There is no time for “polit-
ical anything”, the fact that
the value of BaTelCo has
been reduced by almost 50
per cent during the course of
this privatisation should be a
wake up call for all of us who
say we are concerned.
Presently there are businesses
and persons who do not use
BaTelCo for anything — not
even local calls and as tech-
nology evolves and the “com-
pression factor” increases,
BaTelCo will feel the com-
petitive crunch long before
the protections it has are
removed.

The fact that as long as a
computer is on the options on
how one communicates and
does business, multiplies, and
for some of us landlines are
already obsolete.

Who was it in the Wizard of
Oz that made the remark “we
are not in Kansas anymore”?
It was a wise remark and
Bahamians may have to see
that remark in a global con-
text and exercise wisdom,
because technology has its
own rules in this ever evolving
global communications mar-
Ket.

The socio-economic
cocoons that we have allowed
through political expediency
will not survive as technology
progresses.

EDWARD
HUTCHESON
Nassau,

December 12, 2010.

Some comments on seat belt law

EDITOR, The Tribune.

I read with interest that the
Seat Belt law is about to be
enforced and I thought I’d
like to make a few comments.
As somebody who recognises
the advantage of wearing the
seat belts it's obviously about
time and I thoroughly agree
with this law.

There appears to be some
difference of opinion in
reporting on this issue.

The Tribune noted that on
Monday, December 13th the
police would be in full force
handing out flyer’s giving
notice of the law with a 10-
day grace period.

The radio announcer
implied that tickets would be
immediately given out if dri-
vers were not in compliance.




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Which is it? The report noted
that trucks would only require
the driver and front seat pas-
sengers to wear seat belts
which makes me wonder if
the police considers persons
riding in the back of a pick-up
are considered not in danger.
I must say that it’s about time
that there will be an enforce-
ment for children to be in car
seats.

I cringe every day when I
see parents with little kids in
the front or rear seats sitting
on parents’ laps which is a
recipe for a disaster.

Now for my fun part. Even
though this law has been in
effect for quite a while I have
yet to see any police officers
driving or riding in their cars
wearing seat belts. I have yet
to see any persons driving
government vehicles wearing
seat belts.

Will the police and the gov-
ernment abide by this law or
as is normal by the police atti-
tude consider themselves
above the law.

How many times do the
police break the driving rules
on our roads or more proba-
bly don’t even know those
rules?

On December 13th I won-
der if I try to make a citizens

arrest of an officer not wear-
ing his or her seat belt would
Ibe acknowledged or end up
at Central booking?

A few weeks ago I was
stopped by the police because
one of my headlights was out.
It was certainly operating
when I left home.

Now there were many cars
passing that had other obvi-
ous major problems like no
rear lights, parts hanging off
or damaged.

I guess they see somebody
driving an expensive vehicle
and feel they can afford the
$80 ticket which I felt was not
very fair.

In North America a ticket
is issued but if the problem is
rectified within 24 hours there
is no charge. In North Amer-
ica the police motto is to
“Serve and Protect.”

Another observation when
are the police going to start
controlling the bus, taxi and
truck drivers that daily endan-
ger the other citizens on our
roads?

MICHAEL PATRICK
Nassau,
December 10, 2010.

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THE TRIBUNE

TUESDAY, DECEMBER 14, 2010, PAGE 5



Court of Appeal overturns |

ruling made by Anita Allen |

By NOELLE NICOLLS
Tribune Staff Reporter
nnicolls@tribunemedia.net

THE Court of Appeal yes-
terday overturned a ruling its
new president Anita Allen made
while serving a justice of the
Supreme Court.

Atisha Tinker and Omar
McPhee were originally suc-
cessful in an action against the
Royal Bahamas Police Force in
which they claimed unlawful
imprisonment and malicious
prosecution.

They had also claimed
defamation, but this was dis-
missed by Justice Allen because
it was “statute barred”.

The police appealed Justice’s
Allen’s judgement and received
a favourable judgement from
the Court of Appeal last month.

Tinker and McPhee were

MAN CHARGED WITH RAPING 69-YEAR-OLD WOMAN

arrested and charged in 2004 in
relation to several vehicles that
were broken into downtown.
Tinker and McPhee were exon-
erated, and then initiated their
case against the police.

Upon reexamining on the evi-
dence presented at the trial, the
Court of Appeal ruled there was
“a grave error” in the judgement
of Justice Allen.

Despite the failed prosecu-
tion, the Court of Appeal ruled,
“the officers must be taken to
have had an honest belief in the
guilt of the respondents having
regard to all the prevailing cir-
cumstances.”

The circumstances of the orig-
inal arrest were outlined in the
ruling.

“In reviewing the evidence,
the learned judge found that the
second respondent McPHee
admitted under cross-examina-

CHARGED: Eric Strachan is pictured outside of court yesterday.

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT -— A 25-year-old Eight
Mile Rock man was charged with raping
a 69-year-old woman in her home over

the weekend.

Eric Strachan, a resident of Andros
Town, EMR, appeared before Magis-
trate Gwen Claude.

It is alleged that on December 10, he
raped a female resident of Andros Town.
He was not required to enter a plea to

tion that there was a car with
broken glass nearby. The judge
also made a finding that McPhee
admitted that the police officers
found an extra ash tray and a
CD player under the driver’s
seat.

“Additionally, both McPhee
and Tinker were discovered in
the vicinity of a vehicle that was
recently broken into. Those mat-
ters when taken together were
sufficient to evoke reasonable
suspicion in the mind of the
‘ordinarily prudent and cautious’
man, let alone a police officer,”
stated the judgement.

“There was additional evi-
dence to the effect that: one of
the passengers had a screw-dri-
ver in his back pocket; the vehi-
cle which was broken into had
its ashtray and CD missing; two
confession statements were giv-
en by one of the passengers in

the vehicles to the effect that
the respondents were part of a
car theft ring, and they worked
as a team, breaking into vehi-
cles at numerous locations on
the island including vehicles at
the scene where they were
arrested.

‘““A search warrant was exe-
cuted at the home of the respon-
dents who lived together and
several stolen items were
retrieved,” it stated.

The unlawful imprisonment
and malicious prosecution claim
must be based on whether “the
police officer at the time he
made the arrest honestly and
reasonably believed in his case,”
the judgement said.

The Court of Appeal justices
said there was “ample evidence
for the police to have honestly
and reasonably believed that an
offence had been committed”.



the charge.

Strachan was remanded to Her
Majesty’s Prison until March 31, 2011

when a preliminary inquiry will be held

VOLUNTARY BILL OF INDICTMENT PRESENTED IN COURT

A VOLUNTARY Bill
of Indictment was present-
ed yesterday in the case of
four men charged in Feb-
ruary'’s home invasion and
shoot-out in Coral Harbour.

Brothers Derek and Jer-
maine Stuart, 37; Kelvin
Cooper, 35; and Jeffrey
Wilson, 55, have been
charged in connection with
the incident.

The men are accused of
conspiring to commit the
armed robbery of Geor-
gette Butler on Thursday,
February 18.

They are also charged
with breaking into Ms But-
ler's home and, while
armed with a handgun, rob-

‘NASSAU/ROYAL
CARIBBEAN FUN
RUN CANCELLED
DUE TO WEATHER
CONDITIONS

THE ESPN sponsored
‘Nassau/Royal Caribbean
Fun Run in Paradise’
which was scheduled to
take place yesterday morn-
ing was cancelled due to
weather conditions.

Over 100 passengers of
the Royal Caribbean ship
‘Allure of the Seas’ —
including several celebri-
ties in the world of com-
petitive running — were
expected to take part in
the cruise line’s 5k Fun
Run Race.

The Nassau race was to
be part of the inaugural
‘Royal 5K St Maarten
Lifestyle, Running and Fit-
ness Show’ which will air
January 27 and 28 on the
ESPN Caribbean Net-
works.

However, high seas and
windy conditions prevent-
ed the ‘Allure of the Seas’
from docking in Nassau.

Organisers are still
awaiting word as to
whether the cruise ship will
call on Nassau at the end
of the voyage.

bing her of $30,000 worth
of assorted jewellery, $1,650
cash and a Dell laptop com-
puter valued at $1,900. The
men were initially arraigned
on the charges in May and
are on bail.

They are represented by
attorneys Geoffrey Far-
quharson and Murrio
Ducille.

Appearing before Chief

Mesa

Magistrate Roger Gomez
yesterday, prosecutor San-
dra Dee Gardiner present-
ed the Voluntary Bill of
Indictment, meaning that
the matter will be fast-
tracked to the Supreme
Court.

The men were informed
they have to appear before
Senior Justice Jon Isaacs on
January 14.

A Step Back in Time”

First corner laft of
#8 Mur
Store Hours:

ars Rd. first building on the right
hyville Road,
KH Sat 10am - fipm

Telephone: 322-8493
(Security will escort you to your car]

CHRISTMAS SALE ON SAT. DEC.1{I!! Sam » Gp

Items from $1.00. « Discounts from 20% to 50%.
* Purzles for Children (expand their mimds) and Adults 20% off.
* White linen dinner napkins, cocktail napkins 20° off
* Vintage Books for little tadies and little boys, (make great gifts) 20%,
* Large Hand Made Antique White Linen tablechoth 1/3 off,
* Large Hand Made Battermburg Lace trim Tablecloth'10 naps. 1/3 off
* Large 50° round Wht. Linen Cloth with Hemstitch, 1/3 off.
* Large Christmas Cloths White with red embroidery. Seats 46,
or seats 6-8, 2sizes, with matching naps 1!) off
* Large Antique Belgian hand made Met embroidered Lace Cloth in
Ecru. “This is 0 unuswal it has to be seen.” 1/3 off
* Vintage ladies’ handkerchiefs 20% off
* Christmas Cloths in Holiday patterns, 1/3 off
* Christmas Napkins in colourful Holiday patterns. 20° to 1/3 off.
* Hand embroidered pillow cases 1/3 off.

* Graniteware 45% off,

* Enamelware 1/3 off

* Stoneware Flower Pots 1iJoff,
* Clay flower Pots 25% off.

* Cast Iron Miniature stoves 45% off,

* Christmas Aprons 255 off,

* Girls’ white dressy dresses 50° off.

"CD's 25% to $05 off.

* Christmas Place mats, tablerunners, Cushions, 25% to 1/Joff.
* Vintage and antique Quilts 50% off,

* Cocktail Hats 45% off,
* Porcelain Dolls 25% off.

"There are lots of items too numerous to mention, with
fabulously low discounted prices,"
“Do come in and visit us This Holiday Season.”



to determine if there is sufficient evi-
dence for him to stand trial in the
Supreme Court.

i sidered
; extremely dangerous,



CLARENCE SMITH and SORVINO RAHMING

Two men wanted
in connection

WITH the homicide rate

: for the year at a unprece-
i dented 93, police continue
? to seek the public’s assis-
i tance in solving murder cas-
i es.

Police are searching for

i two men from Dolphin Dri-
i ve in Nassau who are want-
: ed for questioning in con-
i nection with separate mur-
: der investigations.

The suspects are 28-year-

! old Sorvino Rahming and
i 19-year-old Clarence Smith.

Rahming is described as

i being of medium brown
? complexion, 5710” tall and
i weighing around 160lbs
: with a medium build.

Smith is described as

? being of dark brown com-
: plexion, 5’8” tall, weighing
i around 140lbs with a slim
: build.

Both men should be con-
armed = and

We
tS
Wem tel
PHONE: 322-2157

SHOE STORE

121 EAST ST.

PH 322-5276

with murder cases

police say.

Persons with any infor-
mation regarding the
whereabouts of these men
are asked to contact the
police emergency line at
919/911; CDU at 502-
9930/9991; the police con-
trol room at 322-3333;
Crime Stoppers at 328-
8477, or the nearest police
Station.























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PAGE 6, TUESDAY, DECEMBER 14, 2010

THE TRIBUNE



LOCAL NEWS



New Disney
cruise ship to
visit Bahamas

ORLANDO, Fla.

DISNEY Cruise Line
has added a third ship to
its fleet, according to

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Associated Press.
Disney officials took
delivery of the Disney

Dream on Thursday at a

German shipyard where
it's been under construc-
tion for nearly two years.

It will be bound for }
Port Canaveral this week }
and a maiden voyage for }

paying customers on Jan.
26.

The Disney Dream is
scheduled to sail three-,
four- and five-night cruis-

es to the Bahamas, from

Port Canaveral.

To make room, the
company is sending the
Disney Wonder from
Port Canaveral to Los
Angeles.

It's the first of two new
ships to join the Digney
fleet, with the Disney }

Fantasy set to debut in

April 2012.

The 4000-passenger

Dream is the first new
ship in the line since
1999.

Robinson and ars rece Nossa N.P,, Bahamas

Box CB-12072
Telephone: ou) 394-8043 / (242) 394-8047
Pager: (242) 340-8043 « Fax: (242) 340-6034

, /| Inspector Archibold

Clifton Miller, 47

of Breadfruit Street, Pinewood
Gardens, will be held on
Wednesday, December 15th, 2010

(| at 11:00am at Church of God

Auditorium, Joe Farrington Road.
Officiating will be Father Stephen
Davis, R.B.P.F Chaplain, assisted
by other ministers of the gospel.
Interment will follow in Lakeview
Memorial Gardens, John F.

a oe ee

BRIEFING — ALGERNON Cargill, Director of
Stanley Lalta briefed public and private heal
ness organisations of the Healthy People Com



NIB invites proposals for
‘Healthy People Programme

THE National Insurance Board (NIB)
is forging ahead with the second compo-
nent of the National Prescription Drug
Plan, the Healthy People Programme.

According to NIB officials, this pro-
gramme aims to develop and entrench a
culture of wellness in the population by
partnering with local organisations to
implement wellness programmes in the
community.

At a recent meeting, both public and
private organisations in the field of health
and wellness were briefed on the pro-
gramme’s objectives and encouraged to
submit proposals to NIB.

Algernon Cargill, director of NIB, said
the Healthy People Programme will focus
on providing financial grants to qualified
organisations for well-conceived, innova-
tive community projects and programmes
aimed at enhancing knowledge of health
risks and personal responsibility for well-
ness.

“We at NIB are launching this pro-
gramme because we are fully aware, as
I’m sure you are, that the already heavy
burden of chronic non-communicable dis-
eases in the population — affecting one in
three Bahamians or almost one person in
every household — must be contained or
rolled back.

“This burden is manifest in the large
number of premature deaths and disabil-
ity among the population; the many days
of hospitalisation and many cases requir-
ing surgical interventions; in the losses

experienced at workplaces in terms of
number of days of work lost due to ill-
ness; and in the large expenses incurred by
individuals, families, business firms and
government in coping with the burden of
illness in society. We are also aware, as
I’m sure you are, that many of these dis-
eases, either in terms of the onset, inten-
sity or duration, can be avoided,” Mr
Cargill said.

While inviting organisations to submit
proposals and partner with NIB and the
Ministry of Health in sustainable health
promoting activities, Mr Cargill empha-
sised that the grants will not be “easy
money” or “free money”.

“(The money) did not come easily. We
had to bargain long and hard for it and we
have to account for it. We have to make
sure it is well-spent,” Mr Cargill said.

Activities

Dr Stanley Lalta, project manager for
the National Prescription Drug Plan, out-
lined the scope of activities that the
Healthy People Progamme will target
through partnerships with community
organisations.

“In the first round we want to focus on
diet and nutrition, obesity control, physi-
cal activity and fitness, self-management
materials and tool kits for dealing with
chronic diseases, health education mate-
rials, research and publication, training

and capacity building and then screening,
patient drug adherence management and
school health based activities,” he said.

Later on as resources permit he said
the programme would focus on other fac-
tors which cause poor health and impact
life expectancy such as injury and vio-
lence prevention, mental health, oral
health, occupational health and safety,
food safety, medical product safety,
responsible sexual behaviour, disability
and related conditions.

Elaborating on the types of projects
the Health People Programme is likely
to fund Dr Lalta said NIB will consider
traditional projects, for example, screen-
ings, production of health education mate-
rials, health fairs and exhibitions, school
and workplace wellness initiatives, and
more.

Proposals will be assessed three times a
year by a management committee of NIB
and Ministry of Health representatives
who will make recommendations for the
NIB director’s sign-off.

Chosen projects will be implemented
with ongoing monitoring by the commit-
tee. Projects may be terminated and all or
some funds recalled for failure to com-
plete in a timely manner and 10 per cent
of funds will be withheld until satisfacto-
ry completion of a project.

The management committee will next
meet to review proposals on January 9,
2011.

Kennedy Drive and Gladstone
Road.

Archibald’s memory will be cherished by his wife, Charlene Miller;
his sons, Archibald Jr., Ashford and Ashley Miller; his mother,
Myrthlyn Rolle-Gilcud; his grandmother, Euterpian Rolle-McPhee;
his stepmother, Queen Miller; his twin sister, Elaine Wilchcombe;
Sisters, Rosetta Brennen, Judy Strachan, Glenda Gilcud, Eloise
Gilcud, Karen Gilcud, Nicola Gilcud-Ingraham, Garika Glinton-
Bannister, Anishka Rolle, Eleanor Poitier, Zelma Saunders, and
Delerese Gibson; Brothers, Leroy Miller and Levado Giilcud;
Brothers-in-law, Jackson Brennen, Samuel Saunders, Emile
Saunders, Jermile Bannister, Sterling Strachan, Christopher
Wilchcombe Sr., Dennis Poitier, Terrance Richardson, Lefred
Stubbs, John Fox, Kirk Fox, David Dawkins and Steven Morris;
sisters-in-law, Macy Miller, Karen Dawkins, Margo Morris, Nicole
Wilson, Deborah Wilson, Rosie Taylor-Fox, Ruthnell Fox and
Denise Moxey; Aunts, Alma Rolle, Ella Clotilda Davis and Godfrey
Davis, Maria Rolle, Myrthella Cox, Dorca Williams, Daisy Brown,
Mother Jocelyn Miller; Uncles, Michael Rolle, Emmanuel Rolle,
Peter Gilcud, Bishop Leyvon Miller; Aunt-in-Law, Ida Mae Rolle;
Numerous nieces and nephews including, William and Nicole
Burrows, Cameron and Sharmaine Newbold, Rickea King,
Dorniesha Miller, Katecha Gilcud, Nickeytra Gilcud, Lakenya
Gilcud, Judith Strachan, Tonique Ingraham, Kaylisa Gilcud, Zuezelle
Poitier, Myah Miller, Samantha Saunders, Samara & Samika
Saunders, Quincy J ohnson, Doncott and April Aranha, Ronrico
Strachan, Dominique Knowles, Christopher Wilchcombe j r., Jamon
King, Kenrico Strachan, Leroy Miller Jrl, Angelo Aranha, Levardo
Gilcud Jr., Aiden Miller, Demetrius Poitier, Demetria and Clarence
Rolle, Davine and Emile Rolle, Kimberley and Lavardo Frazer,
Kevin Dawkins, Jermaine and Aitsa Dawkins, Jermalis Dawkins,
Jacobi Dawkins, Quintin Morris; Cousins, Sheldon McKenzie,
Evangelist Eulamae Butterfield, Anthony Lightbourne, A.S.P.
Glenroy and Mowena McKenzie, Denise Lightbourne, Constable
Keith Ferguson, Inspector James Moss, Avis McKenzie, Carlean
Moss, Julian and Anne Moss, Ronna Major, Wendy and Hosea
Rolle, Ivan Forbes, Samantha Forbes, Latheria and Lynden Rolle,
Rico Bain, Anson Bain, Alonzo and Chandrella Butterfield, Deloris
Burrows, Sheila Fountain, Vanrea Hepburn, Patrice and Anthony
Rolle, Maxella Storr, Garnell Davis, Taneka Bain, Godfrey Davis
Jr and Renardo Davis, Mary-Anne Clarke, Edna Newbold, Leotha
Adderley, Sargeant Anishka Lightbourne, Simon and Anndell
Rolle, Sargeant Bernard Rolle, Bishop Franklyn Miller, Cedric
Miller, Pastor Kenroy Miller, Michael Miller, Leyron Miller Jr.,
Apostle Kelson Miller Jr., Lindsay Miller, Maria, Christine,
Geraldine Lewis, Deonne Dean, Naomi Miller, Ruthmae Ferguson,
Sonia Brown, Ruthmae McKenzie, Livingston Munroe, Jenniemae
Ferguson, Cheryl and Mario Curry, Glen Rolle, the Weir Family,
the Styles Family, the Willamae Family, and Zelma Bastian; Grand
Nieces and Nephews, Azaria and Sasha Newbold, Nicholas Burrows,
Kriston Newbold, Dominique Knowles Jr., Alexandria and Andre
Rolle, Kiarra Dawkins; God Child, Decoda Butterfield; and a host
of other relatives and friends including, Reverand Phillip and
Charlene McPhee and The Mount Calvary Baptist Cathedral Family,
Pastor Charles and Makell Dean and The Lakeview Church of
God Family, Mr. Leslie Miller, Dr. Duane Sands, Dr. Mark Weech,
Dr. Michael Darville, Dr. Kevin Moss, The Doctors Hospital
Intensive Care Unit, Pastor Paul Butler and Bahamas Christian
Fellowship Center Family, Portia Hanna, Sophia Holmes, Ricardo
King, Lucas Culmer, Earthamae Burrows, John Nesbitt and Family,
the Archer Family, the Winter Family, Earnestine Stuart and Family,
Nassau Christian Academy Family, Mrs. Yvonne Munroe, Reverand
Mayden Dean and Family, Superintendent Anthony Ferguson and
the Drug Enforcement Unit Family, The Royal Bahamas Police
Force, The Basketball Boys crew of Bozine Town, Mrs. Rosalie
Foulkes, The Food Service Department of the Princess Margaret
Hospital, The Bozene Town Community, The A.F. Adderley Class
of 1981, The Pinewood Garden Community, The Cleveland Eneas
Primary School Family, The KinderCare Early Learning Centre
Family, Original Patties Family and many other relatives and friends.

Viewing will be held at Restview Memorial Mortuary and
Crematorium ltd Robinson and Soldier Roads on Tuesday from
10:00am to 6:00pm and at the church on Wednesday from 9:30am
to service time.





22 Palmdale Avenue, Palmdale
Nassau, N.P., The Bahamas

A Memorial Service for

Mrs. Helen Mary Phillips
née S€AT'S

of Blair Estates, Nassau,
The Bahamas will be held

gq at St. Andrew's Presbyterian
Kirk, Princes Street, Nassau
on Saturday, 18th
December, 2010 at 2:00
p.m.

Rev. Bryn MacPhail will
officiate.

Mrs. Phillips was
predeceased by her
husband, Mr. Lewis Charles Phillips; her parents, Lt.
Col. Edward D. Sears and Mrs. Gladys S. Sears.

She is survived by her sons, Lawrence Charles Phillips
and Richard John Phillips and her daughter, Barbara
Anne Bruce; grandaughters, Kirsten Seebald, Alexandra
Callender, Tanya Molnar, Kelly Dodge and Brooke
Phillips; her sister, Daphne Lee; her son-in-law, Graham
Bruce; her daughters-in-law, Dorothy Phillips and Diane
Phillips; grandsons-in-law, Matthew Seebald, Louis
(Skip) Molnar, Todd Callender and Nathanael Dodge;
great-grandchildren, Ashley and Richard Seebald,
Katelyn and Cameron Callender and Emma Dodge;
other relatives and friends, including Grace Tendilla,
Ruth Knowles and Dr. Ian Kelly.

In lieu of flowers, donations may be made to R.E.A.C.H.,
P.0.Box N.9272, Nassau or the Cancer Society of The
Bahamas, P.O.Box SS 6539, Nassau in Memory of Mrs.
Helen M. Phillips.

Arrangements by Kemp's Funeral Home Limited, 22
Palmdale Avenue, Nassau, N.P., The Bahamas.

KEMPS FUNERAL HOME LIMITED) GBPA ON “ANGELS

OF HOPE’ MISSION

MANAGEMENT and
staff of the Grand Bahama
Port Authority (GBPA)
began the holiday season
with a corporate prayer and
thanksgiving service this
past Sunday with Pastor
Cedric Beckles and the
members of the Life Com-
munity Church.

In keeping with the
“Angels of Hope” theme
being promoted by GBPA
throughout the Christmas
season, group vice-president
Ginger Moxey encouraged
employees as well as the
wider community to be
mindful of the needs of the
less fortunate.

“We at the GBPA would
like to encourage our
employees and the wider
community to take a
moment this holiday season
and become an angel of
hope to someone you know
may be in need. “We can
each resolve to be angels of
hope whether it’s purchas-
ing some additional grocery
items when you visit the
store or by preparing addi-
tional spaces at your table
when you sit today for Sun-
day dinner,” she said.

Mrs Moxey said she
hopes there will be random
acts of kindness carried out
throughout Grand Bahama
communities.

“T believe that no act of
kindness, no matter how
small, ever goes unnoticed.
We can all attest to the fact
that simple gestures as these
can have a significant
impact in the heart and life
of someone in need. I also
believe that in doing so we
lay a better foundation to
build better communities, a
unified nation and a
brighter future for genera-
tions to come,” she said.

“So it is my wish that in
doing acts of kindness in
giving hope to others in
your own unique way, being
and angel of hope —- will
express the true meaning of
Christmas, not only in this



SHARING GBPA’s MESSAGE OF
HOPE - Group vice-president
Ginger Moxey encourages
employees as well as the wider
community to be mindful of the
less fortunate during these chal-
lenging economic times.

holiday season but during
every day of the New
Year.”

Mrs Moxey added that we
should all count our many
blessings.

“Tt is a pleasure to be
here worshipping with the
leaders and members of
Life Community Church
and thank you for extend-
ing such a warm and friend-
ly welcome to our GBPA
family as we close out the
2010 year with this corpo-
rate prayer and thanksgiv-
ing service,” she said.

Thanking GBPA employ-
ees for their support, Mrs
Moxey said: “I see your
support as a symbol of uni-
ty and hope for the future
as we prepare for the new
business year.”

Piggy-backing on the
“Angels of Hope” theme,
Pastor Cedric Beckles, Life
Community Church’s
founder, told his congrega-
tion that there is hope even
in the midst of failure.

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM



THE TRIBUNE

TUESDAY, DECEMBER 14, 2010, PAGE 7



LOCAL NEWS



Bahamas National Youth Choir
set for annual Christmas Concert

THE Bahamas National
Youth Choir will ring in the
holiday season with its second
annual Christmas Concert
tonight at Trinity Methodist
Church on Frederick Street.

Featuring popular carols and
classical pieces for the season,
the concert begins at 8pm.

There is no admission
charge, however a collection
will be taken for the benefit of
the choir.

The programme will include
mostly popular carols like
“Twelve Days of Christmas”,
“O Little Town of Bethlehem”,
“Silent Night” and “Deck The
Halls”.

There will also be a few clas-
sical pieces such as “Ave
Maria” and the “Gloria” from
the Coronation Mass by
Mozart.

The evening will conclude
with the Nigerian carol ‘Betele-
hemw’ which will be performed
with drums and other percus-
sion instruments.

The featured soloists are
Lyndin Sands (oboist) of the
Royal Bahamas Police Force
Band, and Brandon Roberts
(tenor) an alumnus of the
choir.

During 2010, the Bahamas
National Youth Choir cele-
brated the 20th anniversary of
its re-establishment (it was
actually established in 1983 for
the tenth anniversary of
Bahamian Independence.)

In celebration of this mile-
stone a number of events were
held.

An exhibition of pho-
tographs and other materials
was held at the Central Bank
Art Gallery in February, fol-
lowed by the choir’s 20th
Annual Concert Season at the
Dundas Centre for the Per-
forming Arts in March.

The choir held a Choral Ser-
vice of Thanksgiving and Holy
Communion at St Matthew’s
Parish in May, followed imme-
diately by a luncheon at Super-
Clubs Breezes.

During July, the choir toured
Italy and performed at Saint
Peter's Basilica in Vatican City.

In October, the choir pre-
sented Jamaican pianist Dr



Paul Shaw in a recital that fea-
tured a work written by the
choir's founder and director
Cleophas Adderley.

The piece entitled “Varia-
tions on a Theme by E
Clement Bethel” was described
by Dr Shaw as “a masterpiece”.

The choir’s 20th anniversary
celebrations concluded with a
joint concert with the Nazareth
College Chamber Orchestra
from Rochester, New York
directed by Nancy Strelau.

When asked why the
Bahamas National Choir decid-
ed to present a Christmas con-
cert, Mr Adderley said: “The
choir has performed for the
Rotary Club's Night of Christ-
mas Music for 21 consecutive
Christmases and additionally
we have presented a number
of private performances of
Christmas music.

“Since we were putting in
the hard work anyway, I
thought that it would be a good
idea to present a Christmas
performance that the general
public can attend, and we are
subsidised by the Bahamas
government to perform free of
charge as our gift and expres-
sion of gratitude to the
Bahamian people.”



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PAGE 8, TUESDAY, DECEMBER 14, 2010

THE TRIBUNE












GUNMAN ARRESTED
AFTER FAILED KFC
ROBBERY ATTEMPT

FROM page one

gunman was reported to have fled the fast
food restaurant on foot where he was sight-
ed by police officers on patrol in the area
and further identified by residents.

The man, who was said to be a Malcolm
Road resident, was arrested on Hutcheson
Street when police recovered an illegal
firearm and ammunition.

Superintendent Stephen Dean, head of
the Crime Prevention unit, accredited the
culprit’s timely capture to the increased
patrol efforts in the capital.

ABOVE: This firearm and ammunition was
recovered by the police.

TOP: An armed officer next to the police vehicle
where the suspect was held after his arrest.

RIGHT: Police search for a firearm in the area.

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LOCAL NEWS

BIC staff unions in bid



to have injunction lifted

FROM page one

“inducing employees of BTC to break
their respective contracts of employment
by taking part in any unlawful industrial
action against BTC.”

Bernard Evans, president of the
Bahamas Communications and Public
Officers Union (BCPOU), said the court
proceedings have caused the unions to
“waste time” in the continuing privati-
sation dispute.

“We did not do anything illegal. They
said that we ‘restrained’ the workers from
going to work; that we held our workers
hostage. Nothing can be further from the
truth. Our lawyers and our team are
ready,” said Mr Evans.

The unions and BTC may be locked in
another court battle, as attorneys from
the BCPOU and the Bahamas Commu-
nications and Public Managerial Union
(BCPMU) are preparing an action
against BTC for “illegal lock out”, con-
trary to Section 74 of the Industrial Rela-
tions Act, according to Mr Evans.

In the meantime, BCPOU and BCP-
MU executives participated in a strategy

meeting with the Trade Union Congress
(TUC) and the National Congress of
Trade Unions (NCTU), yesterday.

Dr Tyrone Morris, TUC general sec-
retary, confirmed the TUC was “having
some discussions” with the BTC unions,
and one of the topics of discussion was
the suggestion of a general strike.

Although there has been talk of a pos-
sible general strike, Mr Evans said the
unions have not called for such action
as yet. He said if that were necessary,
the BTC unions were “more than confi-
dent” they would have the support of
the other unions.

“We were meeting and strategising on
how the labour movement jointly will
move forward, not only on the BTC mat-
ter, but other outstanding matters,” said
Mr Evans.

“Our plans are progressing very well.
We have the support, but we want to
make sure it is done correctly and prop-
erly. There is no rush to do it. This is a
golden opportunity for the movement.
In conference we will continue to unify
our organisations and our resources,” he
said.

The “unequivocal intent” of the BTC

unions is to have the government change
its position on Cable and Wireless
(C&W), said Mr Evans.

“The union’s position is this. We do
not support C&W as a 51 per cent part-
ner.

“We do not support their strategy,
because their overall strategy is about
job reduction,” he said.

As for the meeting with C&W chief
executive officer David Shaw last week,
Mr Evans said there was no “scheduled
meeting,” so there was no “no show.”

He said C&W executives set a time
and date for a meeting with no consulta-
tion, “like we were going to drop every-
thing.”

“They did not have any discussion with
us. They came demanding they wanted to
meet with us at a time and place that
they set. They thought we would drop
whatever we were doing and conform,”
said Mr Evans.

The union was unable to attend the
meeting, because it already had a mass
rally scheduled for that time.

Since then, he said, C&W sent a letter
of invitation to the BTC unions inviting
them to suggest a time for a meeting.

In Loving Memory

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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM





THE TRIBUNE

TUESDAY, DECEMBER 14, 2010, PAGE 9



LOCAL NEWS

Contracts
Signed on
first Baha
Mar jobs

FROM page one

struction Co will build the
new Scotia Bank; and CGT
Construction will build a new
police and fire station.

Construction on each of
these buildings is expected to
take 10 months.

This will create 300 direct
jobs and 150 indirect jobs to
mostly Bahamian workers.

The four companies chosen
will sub-contract work to
smaller construction compa-
nies many of whom have
already been identified.

Mr Sands said the compa-
nies chosen for the Commer-
cial Village phase will be
encouraged to have appren-
ticeship programmes for
labourers.

"We anticipate to be
encouraging all the Bahami-
an contractors who support
this event to have some ele-
ment of training for appren-
tices, for entry level persons,"
he said.

A controversial aspect of
the development is the
amount of Chinese labour
included in the construction.

These foreign labourers are
not expected to start work
until late 2011 when construc-
tion of the core component of
the resort begins, said Baha
Mar President Don Robinson.

"It would be well into next
year when they actually start
(on the) core works. Once the
Commercial Village is com-
plete, once (the) new West
Bay Street is built, the Corri-
dor Seven roads built that
then frees up the existing site
so we can begin the core con-
struction, at that point they
will begin in their works.”

Tom Dunlap, executive
vice-president of development
and construction at Baha Mar,
added: "The actual construc-
tion within that core area will
be at a minimum of about 10

Legal setback for Obama’s
overhaul of health care

WASHINGTON

PRESIDENT BARACK
OBAMA'S historic health
care overhaul hit its first
major legal roadblock Mon-
day, thrown into doubt by a
federal judge's declaration
that the heart of the sweep-
ing legislation is unconstitu-
tional. The decision handed
Republican foes ammunition
for their repeal effort next
year as the law heads for
almost certain eventual judg-
ment by the U.S. Supreme
Court, according to Associ-
ated Press.

The ruling by U.S. District
Judge Henry E. Hudson, a
Republican appointee in
Richmond, Va., marked the
first successful court chal-
lenge to any portion of the
new law, following two earli-
er rulings in its favor by
Democratic-appointed
judges.

The law's central require-
ment for nearly all Ameri-
cans to carry insurance is
unconstitutional, well beyond
Congress’ power to mandate,
Hudson ruled, agreeing with
the argument of Virginia's
Republican attorney general
— and many of the GOP
lawmakers who will take
control of the U.S. House in
January. Hudson denied Vir-
ginia's request to strike down
the law in its entirety or
block it from being imple-
mented while his ruling is
appealed by the Obama
administration.

"An individual's personal
decision to purchase — or
decline to purchase — health
insurance from a private
provider is beyond the his-
torical reach of the Com-
merce Clause," said Hudson,
a 2002 appointee of Presi-
dent George W. Bush.

Nevertheless, the White
House predicted it would
prevail in the Supreme
Court, although it may be a
year or two before the health
care law gets there. The next
step for the Virginia lawsuit
is the 4th U.S. Circuit Court
of Appeals in Richmond,

BAHAMIAN COMPANIES
signed conditional letters
of intent yesterday for
the Baha Mar project’s
Commercial Village.

months from the start of these
works, maybe a little bit
before that, but it will come
in stages, but the first phase
will be the management per-
sonnel and engineering.”

Next week, another round
of Commercial Village con-
tracts will be announced,
expected to be for West Bay
Street road works needed to
accommodate the project.

Nine months from the start
of construction work is when
the new roadway is expected
to be completed.

Larry Treco, of CGT Con-
tractors and Development,
Richard Wilson of Cavalier
Construction, Thomas White-
house of Osprey Development
and John Dunn, of John Dunn
& Associates, were all present
yesterday.

The project's architect
Brent Creary was also at the
signing.

where Democratic-appointed
judges hold a majority.

In an interview with tele-
vision station WFLA in
Tampa, Fla., on Monday,
Obama emphasized that oth-
er judges had either found
the law constitutional or dis-
missed lawsuits against it.

"Keep in mind this is one
ruling by one federal district
court. We've already had two
federal district courts that
have ruled that this is deti-
nitely constitutional," Oba-
ma said.

"You've got one judge
who disagreed. That's the
nature of these things."

But in the short term, the
latest court ruling hands
potent ammunition to GOP
opponents as they prepare
to assert control in the new
Congress with promises to
repeal the law. Obama in
turn has promised to veto
any repeal legislation and
appears likely to be able to

For breaking news alerts

Follow us on Facebook
www.facebook.com/Tribune242

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Two charged with killing man

after alleged numbers win

FROM page one

He was pronounced dead at the scene
by the local doctor.

Berchant and Evans have also been
charged with the attempted murders of Mr
Saintville’s girlfriend Adeline Louissaint
and their one-year-old baby girl, Nactrelle
Louissaint. Both were shot in the head and
are said to be recovering in hospital.

It is also alleged the pair conspired to rob
a Saintville and robbed Ms Louissaint of
270.
The men were not required to enter a
plea to the charges during their arraignment

prevail since Democrats
retain control of the Senate.
Republicans also have dis-
cussed trying to starve the
law of funding.

Whatever the eventual
outcome, Monday's ruling
could create uncertainty
around the administration's
efforts to gradually put into
effect the landmark legisla-
tion extending health cover-
age to 32 million uninsured
Americans.

And it can only increase
the public's skepticism, which
has not significantly receded
in the months since the law's
enactment, defying Obama's
prediction that it would
become more popular as the
public got to know it.

Obama aides said imple-
mentation would not be
affected, noting that the indi-
vidual insurance requirement
and other major portions of
the legislation don't take
effect until 2014.

before Chief Magistrate Roger Gomez in
Court One, Bank Lane, Nassau, yesterday.

Sir Arlington Butler, Evans’ attorney,
informed the court his client was concerned
that people connected to Mr Saintville might
be in prison.

He also claimed his client had been bru-
talised by police in Abaco.

Alex Morley, Berchant’s attorney, said
his client also alleged he had been beaten by
police while at the Marsh Harbour Police
Station.

Chief Magistrate Gomez ordered they be
seen by a doctor at the prison. Both men are
expected back in court on December 5 for a
fixture hearing.

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PAGE 10, TUESDAY, DECEMBER 14, 2010

THE TRIBUNE



INTERNATIONAL NEWS



UKRAINE TO OPEN
CHERNOBYL AREA
TO TOURISTS

KIEV, Ukraine

WANT a better under-
standing of the world's
worst nuclear disaster?
Come tour the Chernobyl
nuclear power plant.

Beginning next year,
Ukraine plans to open up
the sealed zone around
the Chernobyl reactor to
visitors who wish to learn
more about the tragedy
that occurred nearly a
quarter of a century ago,
the Emergency Situations
Ministry said Monday,
according to Associated
Press.

Chernobyl's reactor No.
4 exploded on April 26,
1986, spewing radiation
over a large swath of
northern Europe. Hun-
dreds of thousands of
people were resettled
from areas contaminated
with radiation fallout in
Ukraine, Belarus and
Russia. Related health
problems still persist.

The so-called exclusion
zone, a highly contaminat-
ed area within a 30-mile
(48-kilometer) radius of
the exploded reactor, was
evacuated and sealed off
in the aftermath of the
explosion. All visits were
prohibited.

Today, about 2,500
employees maintain the
remains of the now-closed
nuclear plant, working in
shifts to minimize their
exposure to radiation.
Several hundred evacuees
have returned to their vil-
lages in the area despite a
government ban. A few
firms now offer tours to
the restricted area, but
the government says those
tours are illegal and their
safety is not guaranteed.

Emergency Situations
Ministry spokeswoman
Yulia Yershova said
experts are developing
travel routes that will be
both medically safe and
informative for Ukraini-
ans as well as foreign visi-
tors. She did not give an
exact date when the tours
were expected to begin.

"There are things to see
there if one follows the
official route and doesn't
stray away from the
group,” Yershova told
The Associated Press.
"Though it is a very sad
story."

The United Nations
Development Program
chief Helen Clark toured
the Chernobyl plant
together with Baloha on
Sunday and said she sup-
ported the plan because it
could help raise money
and tell an important les-
son about nuclear safety.

"Personally I think
there is an opportunity to
tell a story here and of
course the process of
telling a story, even a sad
story, is something that is
positive in economic
terms and positive in con-
veying very important
messages,” said Clark,
according to her office.

The ministry also said
Monday it hopes to finish
building a new safer shell
for the exploded reactor
by 2015.

The new shelter will
cover the original iron-
and-concrete structure
hastily built over the reac-
tor that has been leaking
radiation, cracking and
threatening to collapse.

The new shell is 345
feet (105 meters) tall, 853
feet (260 meters) wide
and 490 feet (150 meters)
long.

It weighs 20,000 tons
and will be slid over the
old shelter using rail
tracks.

The new structure will
be big enough to house
the Notre Dame Cathe-
dral in Paris or the Stat-
ue of Liberty in New
York.

The overall cost of pro-
ject, financed by interna-
tional donors, has risen
from $505 million to $1.15
billion because of stricter
safety requirements,
according to Ukrainian
officials.

The European Bank for
Reconstruction and
Development, which man-
ages the project, said a
final estimate of the pro-
ject's cost will be released
after the French-led con-
sortium Novarka finalizes
a construction plan in the
next few months.

Hillary Clinton says she
expects more from Haiti

WAKEFIELD, Quebec

U.S. SECRETARY of State Hillary
Rodham Clinton and the foreign min-
ister of Canada on Monday urged
Haiti's government to work harder on
their country's daunting problems,
according to Associated Press.

Their comments came following a
disputed presidential election late last
month, which was held following a
devastating earthquake and cholera
epidemic.

"We understand that the govern-
ment itself was badly damaged, indi-
viduals were traumatized, but there
has to be a greater effort and there
has to be a more focused approach
toward problem solving,” Clinton said
in a news conference.

Clinton, Canadian Foreign Minis-
ter Lawrence Cannon and Mexican
Foreign Secretary Patricia Espinosa
gathered in this small Quebec town
near Ottawa to prepare for a meet-
ing of their three heads of state early
next year. During the summit, Presi-
dent Barack Obama and the his coun-
terparts are expected to try to work
more closely on trade and security.

But Haiti appeared to dominate the
discussion Monday. Thousands were
unable to vote in the Nov. 28 elec-
tion, which was widely criticized. Both
the U.N. and the Organization of
American States confirmed reports of
electoral violence, voter intimidation
and ballot-box stuffing — although
both organizations said the vote was
still valid.

Clinton said Haiti's leaders should
heed the warning of U.S. Sen. Patrick
Leahy, a Vermont Democrat who
oversees aid appropriations for the
Carribean nation. Last week Leahy
called a suspension of aid for Haiti's
government and visas for officials and
their families until the crisis is
resolved.

HAITI CONCERNS: Secretary of State
Hillary Rodham Clinton speaks during a
media availability following the North

American Foreign Ministers Meeting in
Wakefield, Quebec, Canada, Monday. (AP)

"Senator Leahy, who is a strong
supporter of American foreign aid and
humanitarian relief assistance, is
expressing a growing frustration that
you will find not only in our Congress
but in our government and the Amer-
ican people that as we are approaching
the one year anniversary of the Hait-
ian earthquake there hasn't been the
kind of coordinated, coherent
response from the government of
Haiti that's called for," Clinton said.

"This is a very strong signal that we
expect more and we are looking for
more."

Clinton said the Obama adminis-
tration is still trying to resolve many of
the questions raised by the election

but added it doesn't want to punish
the people of Haiti because of a
flawed vote.

She said all the challenges in Haiti
are quite serious and taken together
are "almost overwhelming."

Cannon said Haitian leaders must
fulfill their obligations to democracy
and show respect for the electoral
process. He said Haiti remains a
"grave concern."

"The international community can-
not do everything in Haiti. It's
extremely important that the govern-
ment of Haiti and the people of Haiti
assume their responsibilities and
ensure that democracy in Haiti con-
tinues," Cannon said.



Clinton, Cannon and Espinosa also
talked about trade, regional security
and fighting transnational crime.

A joint statement discussed setting
up a North America-Central America
dialogue "to strengthen regional coop-
eration and efforts against transna-
tional criminal organizations."

As Colombia and Mexico ramp up
anti-narcotics efforts, there are rising
fears that crime linked to drug traf-
ficking will spill over into neighboring
countries.

Violence in small countries like
Guatemala has skyrocketed as drug
cartels, squeezed by police and mili-
tary action at home, move their oper-
ations.

Authorities seek clues to
Stockholm attacker in UK

LONDON

AT HIS local mosque in Eng-
land, Taimour Abdulwahab
alarmed elders with his extreme
views on Islam. On the Inter-
net, he posted videos of
Chechen fighters and abused
Iraqi prisoners, according to
Associated Press.

On Saturday, officials say, he
died in a failed suicide bombing
in Stockholn.

Authorities are now trying to
learn when he was radicalized,
whether he had accomplices —
and how a man whose radical
views were displayed both
online and in person escaped
official notice.

Swedish prosecutor Tomas
Lindstrand said Monday that
authorities are certain the sui-
cide bomber who terrified pre-
Christmas shoppers was Abdul-
wahab, an Iraq-born Swede
who spent much of the past
decade in Britain. He said
Abdulwahab was completely
unknown to Swedish security
police before the blasts, which
killed the bomber and injured
two others.

Lindstrand said officials
would look into why he was not
on their radar, but pointed out
"that he didn't live in Sweden,
he lived in the U.K., he left Swe-



POLICE OFFICERS stand guard as unidentified officers enter the house which was searched by British police
in Luton, England, Monday. A Swedish prosecutor says police are "98 percent’ certain the Stockholm sui-
cide bomber is 28-year-old Taimour Abdulwahab who is a Swedish citizen but also lived several years in
Britain. Prosecutor Tomas Lindstrand Monday said Abdulwahab has his roots in the Middle East and has
been a Swedish citizen since 1992. Lindstrand said Abdulwahab was also the registered owner of the car
that exploded in Stockholm shortly before the suicide blast Saturday. (AP)

side the house Monday follow-
ing a raid by counter-terrorist
officers. Police said they had
not found any hazardous mate-
rials or made any arrests.

Neighbors said he appeared
friendly but reserved.

"This individual didn't have
any contact with people," said
Massood Akhtar, 58.

The bombings have brought
more unwelcome attention to
Luton, an English town of
200,000 with a large Muslim
population and an unwanted
media reputation as an extrem-
ist crucible.

There have been several ter-
rorism arrests in the town in
recent years. On July 7, 2005,
four bombers gathered there
before taking a train to London
and blowing themselves up on
the transit system. Last year,
Luton was the site of a small
but widely covered protest in
which a handful of Islamists
picketed a homecoming parade
for British soldiers returning
from Iraq, holding up signs
accusing the men of being
"butchers" and “baby-killers."

It also has been targeted for
demonstrations by the English
Defense League, a far-right
group that claims to oppose
Islamic extremism, but which is
accused by opponents of being

den maybe 10 years ago.”

He also said Swedish security
was not "a Stasi organization"
engaged in analyzing people's
Facebook pages. Sweden's
Department of Justice said that
a team of FBI bomb experts
had been dispatched to the
Nordic nation to help analyze
the explosives.

A British official who spoke
to AP on condition of anonymi-
ty because of the sensitivity of
his work would not comment
on whether Abdulwahab had
been on the radar as a suspect-
ed terrorist. But he said all
threats stemming from contro-
versial cartoons of the Prophet
Muhammad — cited by the sus-
pect as a motive for the attack
— were being closely investi-
gated.

Lars Vilks, whose 2007 depic-
tion of the Prophet Muhammad
has drawn regular threats from
extremists, told The Associat-
ed Press he was shocked that
suicide bombings have come to
Sweden.

"It's a little unreal that we
have such a case here," he said,
adding that police had increased
their presence outside his home
following the botched attack.

Law enforcement and intelli-
gence agents are now poring
over Abdulwahab's Facebook
page, along with his profile from
a Muslim dating website, for
clues to his mindset and move-
ments.

According to information on
the dating website muslima.com
— where Abdulwahab posted
a profile saying he was looking
for a second wife — he was
born in Baghdad and moved to
Sweden as a child in 1992. In
2001 he moved to Britain to
study at the University of Bed-
fordshire in Luton, near Lon-
don. The university confirmed
that a student with his name
and Swedish nationality gradu-
ated with a degree in sports
therapy in 2004.

What he did next is not clear,
but by late 2006 or early 2007 he
began attending the Luton
Islamic Center, a local mosque.
Its secretary, Farasat Latif, said
the newcomer was "very friend-
ly, bubbly — he was well liked."

But soon Abdulwahab began
making extremist statements
focused on "suicide bombings,
pronouncing Muslim leaders to
be disbelievers, denouncing

Muslim governments."

Mosque officials confronted
him about the statements, but
Latif said the radicalism con-
tinued.

"One day during morning
prayers in the month of
Ramadan — there were about
100 people there — the chair-
man of the mosque stood up
and exposed him, warning
against terrorism, suicide bomb-
ings and so on. He knew it was
directed at him. He stormed out
of the mosque and was never
seen again,” Latif said.

He said despite Abdulwa-
hab's extreme views “nothing
pointed to the fact that he was
going to do something stupid.”

In an audio message he
apparently recorded before the
attack — sent to the Swedish
security service and the TT
news agency — he apologized
to his family for misleading
them, saying "I never went to
the Middle East to work or to
make money, I went for jihad."

Authorities are still investi-
gating whether he acted alone
or had ties to al-Qaida or other
groups.

On Sunday, the al-Qaida

affiliated Shumokh al-Islam
website posted a message call-
ing Abdulwahab a "brother"
and quoting a prayer saying
"God let me die as you are sat-
isfied with me."

Lindstrand, the Swedish pros-
ecutor, said it appeared Abdul-
wahab was alone in executing
the blasts, but could have been
assisted by someone else in their
preparation. He said that
despite its apparent failure, the
bombing appeared to be well-
planned.

Abdulwahab's Facebook pro-
file shows a man interested in
both modern technology and
radical Islam, whose "likes"
included both "the Islamic
Caliphate state" and the Apple
iPad.

He had posted comments
against Shiites, whom Sunni
Muslims consider heretics, as
well as a link to a video showing
a dying man, maybe injured in
Chechnya, praying to God to
die as a martyr.

By this year, he was back in
Luton, living with his wife and
three young children in a semi-
detached house on a quiet
street. Police stood guard out-

racist.

The case will also focus atten-
tion once again on whether
British universities are doing
enough to combat Islamic
extremism among students.
Umar Farouk Abdulmutallab,
who tried to blow up a Detroit-
bound airliner with explosives
hidden in his underwear, also
studied in Britain.

Wherever he was radicalized,
Abdulwahab's justification for
the Stockholm attack focused
largely on Swedish issues.

The audio file sent shortly
before the blast from his cell
phone referred to Sweden's mil-
itary presence in Afghanistan
and an image by a Swedish
artist that depicted the Prophet
Muhammad as a dog, enraging
many Muslims.

A man's voice on the record-
ing says because of Sweden's
silence toward all this, "so will
your children, daughters, broth-
ers and sisters die, like our
brothers, sister and children
die."

The attack has shocked
Swedes, who cherish their coun-
try's image as an open, tolerant
society. But it could have been
far worse.

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM







Baha Mar to
award $45m.
in contracts
‘next week’

Puts out first $15m to
four Bahamian
construction companies,
with 300 direct

jobs - and 150 indirect -
set to be created

By ALISON LOWE

Business Reporter
alowe@tribunemedia.net

Baha Mar is set to issue the :

remaining $45 million worth

construction companies.

buildings by the companies,

resort, will create 300 jobs
“indirect”

tractors, suggested Baha

SEE page 5B

‘Bilateral’ WTO
member talks
to start ‘early
in New Year

US first up before
end of February, with
Bahamas’ goods offer
likely to be ready for
June 2011 working
party meeting

By NEIL HARTNELL
Tribune Business Editor

on its bid to accede to full
World Trade Organisation
(WTO) membership early in
the New Year, with the US
first up, as it bids to have its
initial goods (market access)
offer ready for June 2011’s
working party meeting.

Raymond Winder,
Deloitte &

the

upcoming talks timetable, yes-
terday urged the Bahamian

SEE page 4B

Old Fort Bay

THE TRIBUNE

usine

TD: E-Se Dy AaY

SECTION B ¢ business@tribunemedia.net

DECEMBER



14,



2010

Key CLICO asset

faces $78m claims

Some $72 due to insolvent insurer’s main affiliate, with

: $3m owed in real estate taxes and $2m to IRS

Liquidator believes IRS claim can be eliminated, as he

CLICO (Bahamas) main real

? estate asset has some $78.45
of first phase construction }
contracts for its $2.6 billion ;
Cable Beach redevelopment }

next week, as it yesterday

announced the signing of Let- ; in south Florida have alleged,

ters of Intent for $15 million | With two buyers still competing

in work with four Bahamian : ' acquire the development.

million in claims against it,
including some $72 million due
to the insolvent insurer’s main
affiliate, court documents filed

Filings by attorneys for CLI-

The construction of four | CO (Bahamas) liquidator, Bak-
: er Tilly Gomez partner and
a ? accountant, Craig A. ‘Tony’
robe Toeated within 828 | Gomer inte south Ford

i district bankruptcy court,
: : ? revealed that among the claims
directly and an estimated 150 | against Wclimgion Preserve,
spin-off jobs ? the project that accounts for 63
through the hiring of sub-con- { per cent of the insurer’s assets,
? is a $3 million real estate tax
? debt and $2 million alleged to
? be owed to the Internal Rev-

? enue Service (IRS).



CRAIG GOMEZ

Alleging that Wellington Pre-
serve was “in much better
shape” than other companies
in Chapter 11 bankruptcy pro-
tection in the US, largely
because the mortgage financ-
ing to purchase its real estate
had been paid-off in January

TARIFF EQUALITY UNDER

By NEIL HARTNELL

; ? Tribune Business Editor
The Bahamas is expected. }

to start bilateral discussions }

Freeport-manufactured

? products must attract the
i same tariffs as rival foreign-
? produced ones under World
i Trade Organisation (WTO)
i rules before they can enter
? other Bahamian islands, this
? nation’s chief trade negotia-
: tor said yesterday, adding that
? the Bahamas “can really take
_ Touche } advantage” of the Port area’s
(Bahamas) managing partner }
and this nation’s lead WTO ? based trading regime.
negotiator, outlining the

‘special status’ under a rules-

Raymond Winder, Deloitte

? & Touche (Bahamas) man-
i aging partner

and the

SEE page 4B

Sotheby's

INTERNATIONAL REALTY

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Mark.Hussey@SothebysRealty.com 242.424.9193

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| * Bahamas’ chief negotiator warns that Freeport-

: manufactured products must attract the same tariffs
_ as rival foreign-produced ones before they can enter
: other Bahamian islands
* Says Freeport can exist under rules-based trading

: regime, but Bahamas will have to implement ‘proper

controls’ to ensure compliance

: * WIO membership could help Bahamas ‘really take

advantage’ of Freeport by providing protection against
: trade barriers being imposed on this nation’s exports

awaits Letter of Intent from second potential buyer of project

: representing 63% of company assets

: By NEIL HARTNELL
? Tribune Business Editor

2010, Mr Gomez’s attorneys
said: “It owes approximately
two-and-a-half years of real
estate taxes or about $3 mil-
lion. It owes a few hundred
thousand dollars ($200,000) of
relatively minor claims; the
$1.45 million judgment; the
Internal Revenue Service has
filed an amended claim for
approximately $2 million which
is disputed.

“The remainder of its debt
consists of an amount in excess
of $72 million which had been
advanced to it by its parent,
CLICO Enterprises.” That is
the CLICO (Bahamas) affili-
ate that acted as the latter’s
vehicle for all non-insurance
investments, including Welling-
ton Preserve.

Mr Gomez and his attorneys

SEE page 4B

The information contained is from a third
party and The Tribune can not be held
responsible for errors and/or omission
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‘Totally convinced’
Cable & Wireless is
Wim s KOR tuna

* BTC chair says nation has ‘no choice’ but to privatise
telecoms company, as government unable to fund it and
otherwise ‘strangling’ economy

* Key privatisation committee member: ‘I am absolutely
convinced that this deal will stand the test of time’

* Bahamian interests well-protected, with BTC’s problems
related to ‘plague’ of political interference over years

* Bahamas one of only five nations, including North
Korea, to maintain state-run telecoms monopoly this long

By NEIL HARTNELL
Tribune Business Editor

The Government-appointed pri-
vatisation committee is “absolutely
satisfied and convinced” that Cable
& Wireless (LIME) is the “best” pos-
sible buyer for a 51 per cent control-
ling interest in the Bahamas
Telecommunications Company
(BTC), on of its leading members
told Tribune Business last night,
adding that the company would
become a “flagship operation” amid

its extensive regional interests.
Explaining the rationale behind
the need to privatise BTC and why

JULIAN FRANCIS

Cable & Wireless was chosen as the
strategic partner, Julian Francis, who is also BTC’s chairman,
promised that the interests of the Bahamian government and

SEE page 4B



CONTRACTORS ASSESS
‘CONSUMERS CODE’

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

The Bahamian Contractors
Association (BCA) has been
given a January 18, 2011, dead-
line by the Government for
submitting its final suggestions
and comments relative to the
long-awaited Contractors Bill,
and is now hoping the legisla-
tion will go before Parliament
shortly thereafter.

Yesterday, the BCA treasur-
er and CGT Construction pres-
ident, Larry Treco, said the Bill
was “99 per cent” satisfactory,

Mid-January deadline

for Contractors Bill
feedback, with legislation
‘99%’ satisfactory

but the Association is paying
close attention in this last
review phase to the “Con-
sumers Code”, which was
included in the final draft pre-
pared by the Attorney Gener-
al’s Office.

SEE page 3B

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PAGE 2B, TUESDAY, DECEMBER 14, 2010 THE TRIBUNE
‘Mixed bag’ in
hotel industry

The Bahamas Hotel
Association’s (BHA)
president has said that
while most tourism indi-
cators inched up in 2010,
the year has been “a
mixed bag of revenue
gains, higher operating
costs and global uncer-
tainty”.

Addressing its 58th
Annual General Meet-
ing., Robert Sands said:
“Indicators in general
moved closer to our 2008
pre-recession benchmark.
Projections for next year
show continued marginal
growth as we slowly pull
out of one of the most dif-
ficult economic periods in
decades.”

He pointed to measures
which have been put in

ROBERT SANDS place in 2010 by the public

and private sectors, which

should steer the industry out of the doldrums quicker than

many competitors. These include major airport infrastruc-

ture improvements in Nassau and Abaco and the liberali-

sation of the telecommunications industry, which should

bring about improved services at lower costs in the coming
years.

Mr Sands added that “room rate integrity has largely
been maintained throughout the recession, better position-
ing many hoteliers as they climb out of the recession and
begin to see a return to profitability. Many hoteliers have
learned in these lean years how to do more with less”.

Airlift

Efforts by the Ministry of Tourism and Aviation over
the past several years towards increased airlift and reduced

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4 i : mb air travel costs, combined with the highly successful public-
. . ie : ’ ' private sector Companion Fly Free promotional campaigns,
BlackBerry [OR SH } ¥ | have been key to the marginal but steady improvements in

fot cay fa] ; 2010. Group business, which all but disappeared in 2009, is

ee , a t slowly returning, and advanced bookings for 2011 are
f “hes promising.

4 “Easier and more affordable airlift to the Family Islands,
eer ei critical to their development, showed signs of improvement
> ewan hie as the Ministry of Tourism and private sector’s work in
i several islands generated additional lift, better positioning

those islands for growth in 2011” Mr Sands said.
Despite the reasons for cautious optimism, he pointed
out that members continued to be straddled with high ener-

& . "
j \ » i
L , s\ .
4 ie 7 rl ad a» gy costs and, with BHA’s help, are taking a more earnest
\ .

= look at how to be more efficient.
\ i) ; At the policy level, BHA has recommended a series of
changes which would stimulate greater efficiencies.
Bl ac kBe (Ty. f or “In the midst of struggling to re-grow our business and
« capture market share, this year industry was faced with the

sober realities of the Bahamas Government’s fiscal dilemma.
With few options to raise essential revenue, the hotel room

eC V eC O eC tax jumped from six to 10 per cent and the departure tax
increased by $5 effective July 1, 2010.

“Businesses also saw increases in electricity costs and
connected anuytinne... anyhere..

new taxes imposed to support unemployment insurance
and a national drug prescription program” according to the

—— BHA president.
As “Industry successfully argued for some measure of relief
7 Fey to the room tax increase for pre-paid business and to address
other matters of concern to the industry, some which are
Ww rT E LES 5 presently being considered by the Government.

“Without question, these continue to be difficult times for
both the public and private sectors. We are faced with the
multiple challenges of generating business while minimising

our operating costs, improving service and improving our

CALL BIC 225-5282 aroduct.”
www.btcbahamas.com Despite the challenges, Mr Sands called on members to be
www book.com mybte optimistic about the future, adding: “With the foundation-
face kK. f — al steps which have been and are being undertaken, an
emerging interest in tourism investments in the Bahamas,
and with sound industry leadership I am confident about our

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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM



THE TRIBUNE

TUESDAY, DECEMBER 14, 2010, PAGE 3B





Retail sales picture
is mixed for Xmas

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

Retail operators are reporting mixed
sales levels for Christmas 2010, with sev-
eral describing top lines which show little
improvement or even a decline over last
year, while others have noticed a spike in
consumer spending.

Heather White, of the Linen Shop,
located on Bay Street, said sales this year
have been “quite flat”.

“We certainly haven’t had a surge of
local business. It’s not up to par - proba-
bly not quite as good as last year was.
We're living in hope that the next couple
of weeks might bring something,” she
said.

Peter Phillips, owner of the Brass and
Leather Shop, which has branches down-
town, the Mall and in Abaco, as well as
Fendi, told the same story.

“Tt’s flat at this point. Our company
could not say we’re seeing an increase
and it’s a no-brainer that we’re down
from three years ago.”

However, Mr Phillips expressed his
hope - like other retailers - that beyond
government pay day, December 16, sales
may pick up.

“We’re optimistic that the Christmas
rush will happen. Typically, towards the
end of this week we should see some-

FROM page 1B

BCA President Stephen Wrinkle, who
has called the Contractors Bill the BCA’s
“number one priority”, praised the inclu-
sion of the Consumers Code at a recent
BCA press conference, calling it “extreme-
ly strong and stringent (with) harsh penal-
ties for contractors that violate” its provi-
sions. He said it would "hold contractors
accountable for their actions", and help to
combat fraud and "shoddy workmanship"
that have "plagued" the sector.

Nonetheless, Mr Treco, who spoke with
Tribune Business following a press confer-
ence yesterday in which it was announced
that his company, CGT Construction, had
won a contract to build the new police and

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thing happening,” he said.

At popular clothing store, Tommy Hil-
figer, whose proprietor also owns the
Fab Finds giftstore, which has locations in
Lyford Cay and Harbour Bay, opera-
tions manager Etienne Christen said sales
at Tommy Hilfiger in the Mall at
Marathon “are on par with last year”.

Mr Christen said the company is “cau-
tiously optimistic for this Christmas sea-
son, having heard a lot of Bahamians
expressing that they're going to shop
locally this Christmas to help sustain
Bahamian jobs”.

The operations manager said the com-
pany anticipates sales will be “about the
same or a little stronger this year” than
last, “and that’s what we’re seeing”.

Good news for the company came in
the form of increased sales at Fab Finds
compared with Christmas 2009. The store
had only recently opened prior to Christ-
mas last year, and Mr Christen attrib-
uted the bump in sales this year to the
company “diversifying our gift offerings,
strengthening our marketing initiatives
and people now being familiar with our
two locations set up and enjoying the
convenience it brings, especially consid-
ering Nassau's traffic situation”.

Meanwhile, at Kelly’s Home Store,
senior buyer Susan Glinton gave a posi-
tive assessment of the retail environment.

She told Tribune Business: “Things

CONTRACTORS ASSESS ‘CONSUMERS CODE’

fire station at Cable Beach, suggested that
the code is what is taking up most of the
BCA’s attention as it seeks to finalise its
input to the Government on the Bill prior
to the January deadline.

“It’s something we hadn’t seen before, so
we have to read it closely. Other than that
the Bill itself is basically 99 per cent, we’re
just doing very minor changes to that,” he
explained.

“We are meeting with the Ministry of
Works, the Attorney General’s Office,
architects - there are many differnet groups,
and we are just really trying to dot the ‘’s’
and cross the ‘t’s’ to make sure all the word-



Bank & Trust; and David Thain, AIBT chairman.

The Association of International Banks &
Trust Companies (AIBT) has donated $8,000
tothe Financial Community Advanced Tech-
nical Education Trust (FCATET), which pro-
vides financial awards for professional study

for young Bahamians.

These professional courses typically are not
associated with financial services, and recent

vides management services.

awards include financial support for diplomas
in Marine Mechanics, Air-Conditioning and
Diesel Technology. The AIBT has always had
a strong educational focus, being one of the
FCATET?’s founders, and its chairman. SG
Hambros Bank and Trust are trustees of
FCATET, while Providence Advisors pro-

have been going very well so far. I don’t
know if it’s up or down from last year, :
but we’ve been busy; sales have been

very steady.”

Like Mr Philips, Mrs Glinton added
that she expects a rush by consumers }

post-December 16.

“Government pay day is always a i
major thing. So many Bahamians are }
employed by the Government, so from }
that point on you can really see a big }
rush. Also, Bahamians tend to leave }

things to the last minute,” she added.

In a press release issued in the first
week of December, Robert Stevenson, }
manager at the Mall at Marathon, sug- :
gested “brisk early Christmas shopping” :

~ PMTO HEADLINE
BUSINESS OUTLOOK



HUBERT INGRAHAM

has been taking place at the Mall, accord- }

ing to reports from store managers, ;
adding that the Mall’s Dollar Plus Store }

in particular is “booming”.

In an interview with Tribune Business,
Mr Stevenson added that foot traffic at :
the Mall, where security has been }
“beefed up” for the season, has been }
“about the same” as 2009 so far this }

December.

However, Mr Stevenson said he antic-
ipates “tens of thousands” more shop- }
pers to visit the Mall in the run up to }
December 25, adding that five new stores ;
have opened or are set to open prior to }
Christmas at the Mall, creating added

interest.

ing is correct, and to make sure that if there ;
are some things which need to be revisited }

that we do that.”
The Contractors Bill allows for greater

regulation of the construction industry, ;

with registration of contractors, along with

verification of their qualifications and capa- }
bilities. It is expected to make it easier for }
Bahamian contractors to be considered for
work by foreign investors, including Baha :
Mar, as there will be independent validation }
of their experience and ability to complete }
a particular job. The Bill will enhance con-
sumer protection by making contractors }

more accountable for shoddy work.

career potential.

Job Duties:

company

Requirements:

Prime Minister Hubert A. Ingraham will be the keynote
speaker at Bahamas Business Outlook (BBO) 2011. Under
i the theme Diversifying The Bahamian Economy: Fact, Fiction
or the Real Alternative?, the conference is scheduled to take
place on Thursday, January 13, 2011, at the Wyndham Nassau
Resort.

Following the Prime Minister Ingraham will be speakers on
a range of subjects including tourism, financial services, agri-
? culture, telecommunications, oil exploration, entrepreneur-
ship, a discussion of the Sir Stafford Sands’ economic model, as
well as a special focus on Grand Bahama.

Joan Albury, president of The Counsellors, its organisers
BBO 2011 will focus on new ideas and solutions to strengthen
the Bahamian economy over the long-term.

“While we don’t presume to reject or belittle the core indus-
i tries that have served us well over the years, in these troubled
: times there is clearly a need for us to seriously consider and dis-
cuss compatible industries and opportunities that we can devel-
op for the benefit of all Bahamians,” Mrs Albury said.

i Inarecent address to the Rotary Club of West Nassau, Mr
? Ingraham said signs of economic recovery were now becoming
evident in the Bahamas. Among indicators cited by the Prime
Minister were increased foreign direct investment, improve-
i ments in the tourism industry’s performance year-on-year and
? a levelling off of unemployment and lay-offs.

i During the BBO forum on January 13, it is expected that the
i Prime Minister will provide the business community with a
detailed update on the state of the economy and lay out his gov-
? ernment's fiscal thrust for 2011.

Now in its 20th year, the annual Bahamas Business Out-
look is an economic development initiative conceived by The
? Counsellors. Interested persons may register online at
i http://www.tclevents.com or contact Eileen Fielder at tele-
i phone (242) 322-7505/1000.

HANG SENG BANK (BAHAMAS) LIMITED

We seek high-calibre individuals to help us expand our business
in a dynamic market. This is an opportunity to join a winning
team that contributes to the Bank's success and offers good

Compliance Officer

Monitor the Bank’s daily operation to ensure compliance
with relevant regulatory requirements and AML policies
Implement regulatory and Group requirements on compliance
monitoring and AML

Prepare report and statutory returns for submission to Group
Compliance and external regulators

Act as the regulatory and legal liaison for and between the
Bank’s operations in The Bahamas and Hong Kong parent

A University Degree in Business Administration, Law or
other relevant qualifications

Minimum of six year’s experience in financial institutions,

preferably

in managerial or supervisory role.

Proven working experience in compliance monitoring and
AML, with good knowledge on regulations and related

Kerzner executive lo lea hotel houly

A senior Kerzner Inter-
national executive has been
elected as the Bahamas
Hotel Association’s (BHA)
president for 2011, replac-
ing outgoing incumbent
Robert Sands, the longest-
serving president in BHA
history. Stuart Bowe, who
currently oversees the oper-
ation of 1,116 rooms as the
general manager of
Atlantis’s Coral and Beach
Towers, has more than 20
years of hotel management
and leadership experience.

The leadership team elect-
ed with Mr Bowe at the
BHA’s annual general meet-
ing (AGM), and who will
steer the 220-member
organisation throughout
2011, includes as senior vice-
president Stephen Kaeppel-
er, general manager of Cape
Eleuthera Resort and Yacht
Club.

The new vice-president
representing Nassau-Par-



STUART BOWE

adise Island hotels will be
Pablo Torres, general man-

ager of the British Colonial
Hilton, while his counter-
part for the Family Islands is
Shavonne Darville, owner
of Gems at Paradise on
Long Island.

Michael Weber, manag-
ing director for the Radis-
son at Our Lucaya, will
serve as vice-president for
Grand Bahama. Peter
Maguire of the Lyford Cay
Club was re-elected as trea-
surer, with Frank Comito
continuing as executive vice-
president. These will all
serve on the BHA executive
committee, along with Mr
Sands. Mr Bowe said:
“BHA has played an invalu-
able role in the development
of our industry and our
nation, and I look forward
to continuing in that tradi-
tion, working closely with
our new leadership team
and drawing upon the input
and support of our mem-
bers.”

statutory requirements
Strong self motivation, with good communication and
interpersonal skills

Please send us a full resume, including personal particulars,
employment history, present and expected salary and contact
phone number to

Country Manager
P.O. Box N-3019
Nassau, The Bahamas

Application Deadline: 31 December 2010

Applicants who are not contacted within one month may consider
their applications unsuccessful.

All information provided by applicants will be used strictly in
accordance with the employer's personal data policies. Applicants
may be considered for other suitable positions within the Bank
and its related companies over a one-year period, after which
their personal data will be destroyed.



TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM



PAGE 4B, TUESDAY, DECEMBER 14, 2010

THE TRIBUNE





Key CLICO asset
faces $78m claims

FROM page 1B

alleged that the IRS claim,
which the US federal tax col-
lection agency had recently
increased, would be objected
to by the liquidator. They
believe “the end result will be a
substantial reduction, if not
elimination, of the claim”.
The Bahamian accountant
had been given time to bring
Wellington Preserve’s tax
returns up to date, as the com-
pany “had not books or
records” when he took over in

early 2009, “and its past
finances are being learned
through discovery from banks,
affiliates and former attorneys”.

Discovery document requests
served on these entities had
enabled Mr Gomez to re-file
or file Wellington Preserve’s
tax returns for 2005-2007, and
information to prepare returns
for 2008 and 2009 had also been
obtained, with a further 60-day
extension needed to obtain
these.

Among the institutions Mr
Gomez is seeking documents
and information from are

Wachovia Bank, SouthTrust
Bank, Citibank, Barclays Bank
and Caribbean Money Market
Managers, according to the
court filing.

There is a also a glimmer of
good news for CLICO
(Bahamas) policyholders and
creditors when it comes to
Wellington Preserve’s sale, Mr
Gomez’s attorneys stating that
another Letter of Intent from a
potential buyer is set to be
received shortly, competing
with a draft indicative offer
received already from another
party. [Mr Gomez] is currently

prospective buyers,”

respect to the second.”

completing a “re-platting” to
allow for a 60-acre equestrian

centre that will increase its val- i
ue and sale price of the remain- }
? implications for both heavy and light manufacturers/producers

ing lots.

‘Totally convinced’ Cable &
Wireless is best BTC partner

FROM page 1B

people had been “well protected”, and
pledged: “I am absolutely convinced that
this deal will stand the test of time.”

Telling Tribune Business that the
Bahamas stood among an uncomfortable
five-country minority out of 200 nations,
that minority also including the Stalinist
state of North Korea, “that still adhere to a
government monopoly for driving your
telecoms sector, Mr Francis effectively said
that given this nation’s fiscal position and
economic development needs, there was
no alternative to finding a well-resourced,
multinational partner for BTC.

Pointing out that BTC’s many problems
had been caused by consistent interference
from Bahamian politicians over successive
decades and administrations, Mr Francis
described London-based Cable & Wire-
less (parent company of LIME) as having a
presence in 38 countries, some $3.5 billion
in assets, and a business footprint - fixed
landline, cellular, Internet and broadband
- that perfectly fitted BTC’s own.

Pointing out that Cable & Wireless Com-
munications has some 600,000 clients glob-
ally, Mr Francis told Tribune Business: “It
was exactly the profile of BTC, has a major
footprint in the Caribbean by being in 13
countries, and the Bahamas is the only
country in the region where it does not
have a major presence.

“We have been looking at them from
the time they contacted us at the begin-
ning of the year, and came to the position
where they were a credible entity, a public
company in the UK, and we met the whole
management structure from throughout
the region - Jamaica, Barbados and
Trinidad.

“We became increasingly comfortable
that not only were they well regarded and
a major player, exactly what BTC needs,
but came to an agreement for a plan for
BTC consistent with what the Government
was looking for - a major entity to take
BTC forward, maintaining the integrity of
BTC, putting emphasis on Bahamian man-
agement, developing an operation in the
Bahamas that in some respects will be a
flagship operation for LIME and Cable &
Wireless.”

With the Government, its privatisation
committee and LIME still negotiating the
final terms of the latter’s $210 million pur-
chase of a 51 per cent BTC stake, Mr Fran-
cis said: “We thought, and feel very strong-
ly, and are absolutely satisfied and con-
vinced this is by far the best alternative to
take BTC forward, no question about that.

“T am not sure there is anywhere a better
fit for BTC”, he added, even the likes of
AT&T, Verizon or Rogers Communica-
tions in Canada.

Mr Francis told Tribune Business that
Cable & Wireless (LIME) had initially
approached the privatisation committee in
early 2010 to see if there was a possibility it
could become involved in the BTC process,
having decided not to enter the initial bid-
ding in mid-2009.

However, the privatisation committee
only started formal negotiations with Cable
& Wireless in July 2010, after first obtain-
ing Cabinet permission. Talks also began
after the committee had rejected the final
two bids of the four that emerged from the
initial bids - the One Equity Partners/Voda-
fone consortium, and the Atlantic Tele-
Network/CFAL grouping.

Explaining the rationale for BTC to be
privatised, Mr Francis, a former Central
Bank of the Bahamas governor, said the

Bahamian government had not done a
good job in running the company, and that

politicians.

structure, training and

alone operators anywhere in the world.

“It's really difficult to understand why f Freeport as a potential exporter, because one of the things that
some peopledmagiie the hice paras i I believe has prevented Freeport from moving forward is that
inibee ean: eee a: ? why would a company set-up a $50 million facility to produce

ae : 2 ., | goods for country A, when there is nothing to stop country A
this nation, simply lacked the financial } Fran imoene trade Mapedimente?
resources required to fund the electronic } P 8 P :

the exception,”

communications industry themselves.

electricity, water and sewerage.

“We are challenged in a major way by }

these demands, and wisely the Govern- } “T really think Freeport can be more competitive than it cur-

i? rently is in terms of attracting other light industries.”

ment has come to the realisation that,

where it can transfer responsibility to the } “ aA Ee al 4 S IT
private sector successfully, where you have i all around the world”, thus facilitating its potential as a shipping,
a credible buyer/operator, have them oper- } transshipment and distribution hub. This, the chief WTO nego-
ate with a policy/vision you are comfortable }
with, and where they are committed to the i
broader development of the country, it’s

something anyone sensible would jump Winder said.

upon.”

And Mr Francis added of the BTC pri- }
vatisation: “The Bahamas really has no }
choice. We have to do it, because if not }
we're going to be strangling our economy in }
one respect.” He added that it was critical i
for a services-based economy such as the }
Bahamas, with its tourism, financial ser-
vices and legal services, to have top-notch }

communications infrastructure.

MINISTRY OF PUBLIC WORKS & TRANSPORT

NOTICE

CLOSURE OF LITTLE AND DEEP CREEKS BRIDGES

SOUTH ANDROS

The Ministry of Public Works and Transport wishes to advise the motoring
public in South Andros that road works will be carried out on the approaches
to Little and Deep Creek Bridges to prepare for upcoming bridge repairs.

The works will be carried out from December 14" to cen 2010

between the hours of 10:00AM to 2

200 PM d

aily.

Due to the nature of

the works, the bridges will be closed to motoring traffic during these hours.

The Ministry of Public Works apologizes for any inconvenience and delays caused.

Ms. Colebrooke

South Andros Administrator

Adminsitrator’s Office
Kemps Bay
Phone: (242) 369-4567

For further information, please comlact:

Director of Public Works

Department of Public Works

P.O. Box §-6156
John F. Kennedy Drive
Nassau, Bahamas
Phone: (242) 302-9525

Colin Higgs
Permanent Secretary

Ministry of Public Works & Transport



TARIFF EQUALITY UNDER

wro FOR FREEPORT FIRMS

FROM page 1B

? Bahamas’ chief negotiator in the WTO accession process, told
? Tribune Business that while Freeport and its ‘free trade zone’
i status could exist under the WTO’s global rules-based trading
? mechanism, “proper controls” and other changes would have

2 teak, ; i to be implemented.
in negotiation with two ;
his attor- | Winder told this newspaper. “The only big challenge, big dif-

neys said. “One of them has ; ference is that products manufactured in Freeport will have to

submitted a non-binding Let- | enter the rest of the Bahamas on the same terms and conditions

ter of Intent, over which nego- } as foreign products coming into the Bahamas.

tiations are continuing. A Let- }
ter of Intent is awaited with : ; ;
? come into the Bahamas, and a foreign company sets up a man-
As for Wellington Preserve i ufacturing facility in Freeport to make the same product, that

itself, some 18 of the 120 origi- } product is not allowed to go into the rest of the Bahamas with-

nal lots have been sold. with { Cut incurring the same level of tariff.”
the development currently } L
? proper controls and mechanisms to ensure products manufac-

? tured in Freeport are not moving into the rest of the Bahamas

“A Freeport-type environment is permitted in the WTO,” Mr

“Tf a foreign product is charged a tariff of 35 per cent to

He added: “Freeport can exist, but we will have to have

without incurring the proper tariff rate.”
Thus acceding to full membership in the WTO will have

? currently enjoying the tax benefits Freeport has to offer, espe-
i cially those firms that export a significant percentage of their
i output to other Bahamian islands. The imposition of tariffs, as
i demanded by the WTO, will inevitably increase the cost of
i their products to Bahamian consumers, reducing their com-
i petitiveness.

Still, Mr Winder said the WTO could also enable the

: Bahamas and the private sector, including both domestic and
i foreign-owned companies, to maximise Freeport’s potential
i as a manufacturing, exporting and distribution hub.

He explained that, to date, by remaining outside the WTO’s

i rules-based trading system, including its trade dispute resolu-
i tion and arbitration capacities, Bahamas-based exporters were
it had been “plagued” by interference from

exposed - and had no easily available recourse - if other coun-

i tries suddenly imposed trade impediments that made it difficult

Telecoms companies today required } for this nation’s products to enter their market.

huge and continuing investment in infra- ;
new 7 uncertainty, had discouraged more major manufacturers and

technology/products, pointing out that this | multinational corporations from establishing operations in

had also resulted in there being few stand- Freeport, Mr Winder suggested to Tribune Business.

The possibility that this might happen, and the resulting

“What I do hope is that we can really take advantage of

“That’s where we are today. Every industry in the Bahamas

“They require the private sector to do is exposed to impediments to prevent the Bahamas from tak-
that,” he explained. “The Bahamas does j ing advantage of those industries. We are exposed, and we
nee have The ss herewithal. ie ate strug- } don’t know where we are likely to be hit again. As a small coun-
gling today to provide infrastructure in try, we need to protect ourselves. We need to maximise our
i potential, but ensure these processes happen.”

The Deloitte & Touche (Bahamas) managing partner added:
Freeport’s large harbour had the ability to “take ships from

tiator said, also led into Freeport acting as a ‘finishing’ hub for
products that were imported in a semi-finished state.
“We can truly begin to look at that as a real opportunity,” Mr

‘Bilateral’ WTO member talks
fo start ‘early in New Year’

FROM page 1B

private sector to supply himself and the Government with as
} much data on their needs and companies as possible, telling Tri-
; bune Business his success “hinges” on their responsiveness.

Pointing out that the Bahamas had held preliminary discus-

i sions with key trading partners when it submitted its Memo-
i randum of Trade Regime to the Geneva-based WTO last year,
? formally kicking-off the process for full membership acces-
? sion, Mr Winder said: “Early in the New Year, we’re really
i going to start the bilateral discussions, the first being the US.”

He added that talks with the US were likely to take place
“some time before the end of February”, with both himself and

the Government in the meantime setting themselves the goal of
: collecting - and analysing - as much data from the Bahamian pri-
i vate sector as possible.

This is with a view to the Bahamas being ready to submit its

initial goods/market access offer by June 2011, when it returns
? to Geneva for a meeting with the Working Party handling its
i membership application.

Confirming that this nation had to complete its goods offer

by then, Mr Winder told Tribune Business: “In June, we’re
: anticipating going for the next Working Party meeting in Gene-
; va, so we should have the goods offer before then.

“This all hinges on making sure we get sufficient details and

data from the private sector.”

Negotiate

The Bahamas will have to negotiate its WTO membership

i through the specially-formed Working Party, chaired by
? Jamaica’s Dr Peter Black, which will be comprised of repre-
i sentatives from its main trading partners - the US, Canada
? and the European Union (EU) ete - and all other nations that
i have an interest in trading with it.

Asked about the likely impact once the Bahamas becomes a

i full WTO member, Mr Winder told this newspaper: “I do not
i think the business landscape will change significantly. Where we
: will have changes, they will result in only minimal loss of jobs
? and minimal loss of enterprises.”

Pledging that he, the Government and other negotiators

? would do everything possible to ensure the Bahamas emerged
? from the WTO accession process in the ‘net benefit’ column, as
i opposed to the ‘net loss’ column, Mr Winder said that by being
? outside the global rules-based trading system all Bahamian
? industries were “currently exposed” to having trade barriers
? imposed on their export products without any recourse.

“Tt’s a net benefit to have that insurance protection,” Mr

Winder said of WTO membership, with its dispute resolution
? mechanisms. “Being involved with the WTO is a net benefit to
i the existing business environment.

“The second level of protection is that because we have not

invested in the infrastructure related to doing business in the
i Bahamas, being in the WTO arena will cause us to have a
i competitive edge relative to other countries.”

Here, Mr Winder means that by upgrading the laws, policies,

? regulations and other infrastructure as a result of meeting
i WTO standards, the Bahamas will position itself on a more
? competitive footing. “In terms of loss of production, I can
? assure you that we will not enter the WTO if, at the end of the
i day, there will be a huge net loss of employment,” Mr Winder
i said, adding that the Government would not alter its taxation
? structure until an alternative mechanism - one which ensured
i no revenue losses - was in place.

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM



THE TRIBUNE

TUESDAY, DECEMBER 14, 2010, PAGE 5B



Baha Mar to award $45m in contracts ‘next week’

FROM page 1B

Mar’s executive vice-president of
construction and development, John
Dunlap.

At a press conference held yes-
terday at the Sheraton Nassau Beach
Resort, it was revealed that Baha
Mar had signed conditional letters of
intent with John F Dunn and Asso-
ciates to build the new Fidelity Bank
facility; with Osprey Developers for
the Commonwealth Bank branch;
with Cavalier Construction Compa-
ny for the new Scotiabank facility;
and with CGT Construction for the
new police and fire station facilities.
All of these facilities currently exist
along the Cable Beach strip but have
to be relocated to accomodate the
resort’s layout.

Having received final approval
from the Bahamas Investment
Authority to proceed with the pro-
jects, Baha Mar’s contracts are “sub-
ject to final approval (from the
Bahamian government) as well as
the close of the loan facility (from
the China Export-Import Bank)”,
said Baha Mar president, Don
Robinson.

Baha Mar’s vice-president of
external and governmental affairs,
Robert Sands, confirmed that the
closing of the China Ex-Im Bank

loan awaits the final approval from
the Bahamian government and the
finalisation of an amended Heads
of Agreement for Baha Mar.

Mr Sands noted that the company
has “received Bahamas Investment
Authority approval, which is the
most important approval”, while the
amended Heads of Agreement,
which takes into account the “new
partners” involved in the project,
“should be done imminently”.

“Those documents are necessary
for closing with China Ex-Im Bank,
and so we want to fast track and
make that happen before the end of
the year,” said Mr Sands.

Mr Robinson agreed with Mr
Sands, adding: “With the sheer vol-
ume of documents that we have to
co-ordinate and again between our-
selves, the Government and our
partners in China, it’s more of a
logistical problem than anything else.
We are just trying to get through
that.”

Despite these outstanding mat-
ters, Mr Dunlap said Baha Mar exec-
utives anticipate the close of the loan
facility in December, and following
this would be targeting mid-January
for ground breaking on site by the
four construction companies.

Initial set-up for work on the
“core” project, which will include

the new hotel towers to be built by
general contractor, the China State
Construction and Engineering Com-
pany, should then get underway
within three months of work begin-
ning on the non-core phase, said the
executive - around March or April -
if all goes to plan.

To facilitate this component of the
construciton, which will be done pri-
marily by Chinese workers, a pre-
fabricated facility to house up to
5,000 people is to be set up shortly in
the area of the old Hobby Horse
grounds, Tribune Business has
learnt. Set up of this facility will
involve a “combination” of both
Chinese and Bahamian labour, it has
been suggested.

Speaking about the selection of
the four firms announced as partici-
pants in the non-core project yes-
terday, Mr Dunlap revealed that
they were selected from among 13
who bid on the works, with a mini-
mum of three bids received for each
of the four building projects, includ-
ing from contractors in the Family
Islands.

“There was an excellent reception
or bid spread of qualified parties, as
is the case in future works as well,”
said Mr Dunlap.

As to how many smaller contrac-
tors may receive sub-contracts

through the awarding of these larger
contracts, Mr Dunlap said that
“although vague, the reality is that it
is numerous. We’re not able to iden-
tify them today but you know the
opportunities are embedded in how
the jobs are run”.

Osprey Construction Company
president, Thomas Whitehead, said:
“On a typical project this size we
would use anywhere up to 12, 14
sub-contractors.

“There’s roof tiling, tiling in bath-
rooms, sheet rock work and electri-
cal - a lot of these companies are
made up of three, four or five peo-
ple. After the larger contractor gets
going they will win these jobs from
the larger contractors.”

On the importance of the signing
to his firm yesterday, Larry Treco,
president of CGT Construction, said:
“It’s quite significant to us because
the construction industry has been at
an all-time low, and I think most
contractors were actively pursuing
work. Although it’s not huge con-
tracts it’s a significant amount
because of the lack of work out
there.”

Mr Treco added that he feels the
commencement of Baha Mar “will
cause a lot of other things to hap-
pen”.

“A lot of companies and individ-

uals are waiting for something to
happen, and we think this will be
the trigger to set off a lot of financial
investments and a lot of construc-
tion projects. We think there’ll be a
lot of spin offs - many managers will
be coming in and they’ll require
housing, so that’s another aspect -
it may cause other housing to be
built,” he added.

Meanwhile, Mr Sands revealed
that an announcement will be made
next week about the awarding of the
remainder of the $45 million allotted
for the first phase construction. This
is likely to include the road re-rout-
ing project, which will see a new ‘u’-
shaped road dubbed “corridor sev-
en” built to replace the portion of
West Bay Street that runs past the
current hotel properties.

Mr Robinson added that Baha
Mar has “launched a series of town
hall meetings in the Out Islands so as
to inform and assist all local con-
tractors wishing to participate in this
mega-project”.

“Baha Mar is committed to an
open-bidding process for all con-
struction work, so as to ensure equal
opportunity for all contractors who
can meet the qualifications, safety,
timing and work quality demanded
by its project schedule and brand
standards,” he said.

HOPES FOR SENATE PASSAGE OF TAX DEAL LIFTS STOCKS :

NEW YORK, AP

Expectations that a tax cut package will pass the Senate and a
round of corporate deals pushed stocks higher Monday. Bond

yields fell after touching their highest levels since June.

Deals announced Monday include General Electric Co.'s $1.3 bil-
lion acquisition of British oilfield company Wellstream Holdings
PLC and Dell Inc.'s $960 million purchase of network storage :
company Compellent Technologies Inc. Shares of GE fell 0.2 per- }

cent to $17.68. Shares of Dell fell 3.3 percent to $13.43.

The tax cut compromise brokered by the White House and }
Congressional Republicans was scheduled for its first vote in the }
Senate on Monday afternoon. Lawmakers expect it to pass easily. :

If enacted, the package will extend tax cuts passed during the }

Bush administration for all income levels for another two years.

ARE YOU ON TRACK?

FIN AN CIAL aes

7 QUESTIONS TO ASK YOURSELF

DAVE CARPENTER,
AP Personal Finance Writer

7s

It's unusual for someone to feel financially well-prepared for
retirement.

That's due partly to the poor performance of stocks over the
past decade. But mostly it's due to people not socking enough
money away or planning ahead.

Here are some questions to ask yourself to help determine
whether you're on track to a financially secure retirement:

1. How much will I need to retire?

A rough guideline is that you'll need to replace 75 to 85 percent
of your pre-retirement income in order to maintain the same
lifestyle. Social Security will help, although it probably won't
be enough; the average monthly check is only $1,160. Visit
www.ssa.gov to estimate your retirement benefits.

2. Am I saving enough?

Guessing isn't good enough. At a minimum, plug in some
numbers at a free online retirement calculator. AARP has a
recently updated a calculator at www.aarp.org, and the Employ-
ee Benefit Research Institute also can help you generate a quick
ballpark estimate at http://choosetosave.org/ballpark. Others
include those offered by leading financial services firms such as
Fidelity, Charles Schwab, Principal Financial and Vanguard.

3. How much can I withdraw during retirement?

The 4 percent rule advocated by many financial planners holds
that if you withdraw no more than 4 percent of your portfolio in
the first year of retirement and then increase that amount for
inflation each year, your money should last at least 30 years.
That rough guideline takes into consideration the role of expect-
ed earnings on your portfolio as well as inflation.

To estimate what you'll need to save for the first year of retire-
ment, multiply what you'll need to withdraw from your account
by 25 (this equates the amount to 4 percent). So if you anticipate
needing $50,000, you should have $50,000 times 25, or $1.25 mil-
lion saved.

4. Am I burdened by too much debt?

Make it a priority to pay off your mortgage and any other
major obligations before you retire. But if you're paying more
than about a third of your pretax income on all debts, you've
probably borrowed too much. Consider how you can cut back to
increase savings.

5. Do [have the right mix of investments?

A long-held rule of thumb is that you should subtract your age
from 100, and put that percentage of your savings in stocks and
the rest in bonds. But with lifespans increasing, many advisers say
that's too conservative and leaves you at risk of falling behind
inflation and running out of money. Some suggest subtracting
your age from 120 instead.

6. Do Ihave an estate plan?

Long before retirement, everyone should have an up-to-date
estate plan with a will, beneficiaries for all accounts, a durable
power of attorney, a health-care proxy or living will and possibly
trusts for any minor children.

7. Am I properly insured?

An unexpected setback could derail your plans. Make sure
you're up to date on life, disability, homeowners and liability
insurance. And consider getting long-term care insurance in
your 50s or early 60s. Figure out which coverage would be the best
fit by checking sites such as that of the National Clearinghouse for
Long-Term Care Information, www.longtermcare.gov.



Google, Apple
shares rise after
judge tosses suit
NEW YORK

Shares of Google and
Apple edged higher in pre-
market trading after a federal
court judge dismissed a patent
lawsuit against the tech giants
brought by Microsoft Corp.
co-founder Paul Allen.

U.S. District Court Judge
Marsha Pechman in Seattle
threw out Allen's patent
infringement claims Friday.
Pechman said Allen wasn't
specific enough in identifying
which products had violated
his intellectual property
rights. Google Inc. shares rose
$5.78, or 1 percent, to $597.99
ahead of regular trading
Monday, while Apple Inc.
climbed $4.83, or 1.5 percent,
to $325.39.

Others targeted in the suit
include Facebook Inc., eBay
Inc., Yahoo Inc., Netflix Inc.,
AOL Inc., Office Depot Inc.,
OfficeMax Inc., Staples Inc.
and Google-owned YouTube
LLC.

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PAGE 6B, TUESDAY, DECEMBER 14, 2010

THE TRIBUNE





Would-be Haitian
contractors are
missing out on aid

MARTHA MENDOZA,
AP National Writer

In a Port au Prince ware-
house loaded with tarps, ply-
wood, corrugated roofing, nails
and other building supplies,
company owner Patrick Brun
says he had hoped to get con-
tracts from the billions of dol-
lars in international aid
promised to Haiti.

His 40-year-old company,
Chabuma S.A., sells cement
blocks, doors, sand bags and
other materials for internation-
al companies. But what he
wants is a more significant role
in his country's recovery, which
is why he says he keeps bidding
— without success — for USS.
government contracts.

"You can imagine that if we
can't win the contracts our-
selves, we become totally
dependent on foreign compa-
nies and nonprofits, and there is
not much hope in that,” he said.
"We may not have the extend-
ed capacity of a U.S. company,
but we are respectable. We
keep good books and records,
we have foreign suppliers, we
have good credit, we pay our
taxes and our customs dues."

Out of every $100 of USS.
contracts now paid out to
rebuild Haiti, Haitian firms
have successfully won $1.60,
The Associated Press has found
in a review of contracts since
the earthquake on Jan. 12. And
the largest initial U.S. contrac-
tors hired fewer Haitians than
planned.

There are many reasons for
the disparity. Among them, US
AID is more familiar with some
USS. contractors and gave out
some no-bid contracts out of
urgency, and fears the corrup-
tion that is rife in Haiti. On the
Haitian side, there is a limited
understanding of U.S. govern-
ment practices.

But using foreign aid to give
local companies contracts is one
of the most important aspects
of reconstruction, says Clare

Gila oaon
ara GIRO Tars



INTERNATIONAL
BUSINESS

Lockhart, chief executive offi-
cer of the Institute for State
Effectiveness.

"You can't just provide man-
ual jobs. You need to contract
with companies so that the mid-
dle tier managers and owners of
companies have a stake in the
legal system and rule of law,
and ultimately a stake in the
success of their political system
and their economy," she says.

Of the 1,583 U.S. contracts
given so far in Haiti totaling
$267 million, only 20 — worth
$4.3 million — are going to
Haitian-owned companies. And
an audit this fall by US AID's
Inspector General found that
more than 70 percent of the
funds given to the two largest
USS. contractors for a cash for
work project in Haiti was spent
on equipment and materials.
As a result, just 8,000 Haitians a
day were being hired by June,
instead of the planned 25,000
a day, according to the IG.

The contractors, Develop-
ment Alternatives Inc. of
Bethesda, Md. and Chemonics
International of Washington
D.C., which received more than
$31 million each in no-bid con-
tracts, responded to AP in an
email saying that together with
several other contractors, they
had employed 25,000 Haitians a
day. Now, they said, 10 months

ry
i}



(AP Photo/Dieu Nalio Chery)

RUBBLE TROUBLE: Haitian Patrick Brun, owner of a company that distributes construction supplies, poses for a photo at a house damaged
by the Jan. 12 earthquake in Port-au-Prince, Haiti, Saturday, Dec. 11, 2010.

after the earthquake, “priori-
ties have evolved beyond a
focus on temporary employ-
ment," a program that has paid
Haitian workers $18 million in
wages.

US AID says it is committed
to increasing the amount of
contracts going to Haitians.

"We already are engaging
with Haitian communities to
make them aware of how they
can partner with us," said Jan-
ice Laurente, a spokeperson for
US AID.

Jobs

Economists say giving con-
tracts to local businesses cre-
ates jobs, which help build the
private sector. Also, most
donors would rather see local
businesses thrive than foreign
companies profiting from a dis-
aster.

Harvard Business School
economist Eric Werker, who
researches foreign aid, says the
spillover effects go beyond the
aid itself.

"Some are obvious, like
salaries and profits that stay in

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the local economy, but there
are also ways to increase capac-
ity of local firms by giving them
progressively larger contracts,”
says Werker. But there are
many hurdles to signing a con-
tract with Haitians.

The first is a no-bid process:
25 percent of the contracts went
directly to U.S. contractors
without even giving Haitians a
chance to bid on them, some-
times because the needs were
so urgent there wasn't time to
go through a formal bidding
process. In addition, some gov-
ernment requests for local Hait-
ian subcontractors and exper-
tise are published only in Eng-
lish, limiting access for many
Haitians who speak Creole.

Also, at times of catastrophe,
it can be easier to use an estab-
lished contractor with a strong
record than a previously
unknown local one. The Hait-
jan economy was so decimated
by the earthquake that it was
hard at first even to get wood or
traps for shelters without
importing them. Now, even
though there are Haitian com-
panies providing many prod-
ucts and services, the pattern
of using foreign ones continues.

And finally, it's more com-
plicated to contract directly in
countries like Haiti, where cor-
ruption is rife. There has been
price-gouging among some
would-be Haitian contractors.

The unprecedented promise
of $9 billion in aid, with the
U.S. as a top giver, at first
raised hope of rebuilding and
even of a new and brighter
future for the tragedy-prone
island. But fewer than 10 per-
cent of those funds have made
it past the "promise" stage.

While Chemonics and DAT
are the largest single recipients,
the bulk of the funds have gone
to beltway contractors as well:
firms in Virginia received the
most funds of any state, $45.3
million, followed closely by
Maryland, $44.6 million.
Another $31.7 million went to
companies based in the District
of Columbia.

The U.S. foreign aid con-
tracts to Haiti since the earth-
quake have gone to an array of
almost entirely U.S.-based
goods and services, from bul-
let-proof vehicles ordered Nov.
18 by the Centers for Disease
Control from a Miami-based
firm to $24,000 in dental sup-
plies for US Navy medical
providers in June from a Chesa-
peake, Va. firm. Yet bullet-
proof vehicles and dental sup-
plies are available from Hait-
lan companies, according to the
nonprofit Peace Dividend
Trust.

"Frankly, it's a shame and a
serious opportunity lost," says
Edward Rees of the Peace Div-
idend Trust. His organization
put together a business portal,
offering everything from secu-
rity services to catering, and is
training Haitians on how to bid
for contracts and grants. "No
one is systematically tracking
how many contracts have gone
to Haitian companies.”

The lack of local spending in
Haiti is similar to that in most
other countries receiving USS.
aid, although economist Werk-
er said Haiti is likely at the low
end of the spectrum. But Rees
contrasts Haiti with
Afghanistan, where — backed
by Peace Dividend Trust —
US. Army General David H.



(AP Photo/Dieu Nalio Chery)
WEIGHED DOWN: A Haitian woman, carrying a bucket with goods to sell, walks by a house damaged by
the Jan. 12 earthquake in Port-au-Prince, Haiti, Saturday Dec. 11, 2010.

Petraeus ordered his comman-
ders to "Hire Afghans first, buy
Afghan products, and build
Afghan capacity."

The results in Afghanistan
are encouraging: A recent study
found that 37 percent of $2 bil-
lion in annual international aid
is now being used to buy local-
ly-produced Afghan goods and
services, up from 31 percent a
few years ago.

The AP review focused on
contracts from the U.S. gov-
ernment, which spent an imme-
diate $1.1 billion in ULS.
humanitarian assistance after
the earthquake, and promised
another $1.15 billion for recon-
struction. In November, the
first $120 million of the pledged
reconstruction funds were tran-
ferred to the World Bank-run
Haiti Reconstruction Fund,
according to the State Depart-
ment. In addition to govern-
ment aid, more than $1 billion
has come from nonprofit char-
ities, most of which try to buy
local, said Samuel A. Wor-
thington, president of InterAc-
tion, the largest alliance of U.S.-
based international non-
governmental organizations. He
represents nonprofits manag-
ing about 90 percent of the U.S.
donations that were directed to
Haiti after the quake.

Worthington says there is no
system to count how much has
gone to Haitian-owned compa-
nies. "There is a very strong
bias to ensure as much local
procurement as possible, and
as much spending in the local
economy,” says Worthington.
"Our bottom line is to serve as
many people as possible and
get the best price, to spread
those dollars.”



=

=
(AP Photo/Dieu Nalio Chery)

BUILDING BLOCKS: A Haitian man removes debris from a house damaged by the Jan. 12 earthquake in
Port-au-Prince, Haiti, Saturday Dec. 11, 2010. Out of every $100 of U.S. contracts now paid out to rebuild
Haiti, Haitian firms have successfully won $1.60, The Associated Press has found in a review of contracts
since the earthquake on Jan. 12. And the largest initial U.S. contractors hired fewer Haitians than
planned. There are many reasons for the disparity. Among them, US AID is more familiar with some U.S.
contractors and gave out some no-bid contracts out of urgency, and fears the corruption that is rife in Haiti.
On the Haitian side, there is a limited understanding of U.S. government practices.

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM



THE TRIBUNE



TUESDAY, DECEMBER 14, 2010, PAGE 7B



ECB boosted
sovt bond-buying
to ease the crisis

GABRIELE STEINHAUSER,
AP Business Writer
BRUSSELS

The European Central Bank
stepped up its purchases of
bonds from governments with
shaky finances in early Decem-
ber, but analysts said the bank's
intervention was too small to
calm markets fears that the gov-
ernment debt crisis will claim
further victims.

Surging government debts
have already pushed Greece
and Ireland into seeking multi-
billion bailouts this year, testing
the resolve of the 16 countries
that use the euro to keep the
currency union together.

On Monday, the speaker of
the Slovak parliament, Richard
Sulik, added to the crisis atmos-
phere by saying his country
needed to be ready to abandon
the euro and switch to its for-
mer currency if the debt crisis
hits further countries.

Although the comments
were quickly rejected by the
Slovak finance ministry, they
are a sign of the opposition to
expensive bailouts among some
policy makers and citizens of
some of the euro area's more
fiscally stable countries.

Slovakia, one of the euro-
zone's smallest members, only
joined the euro in Jan. 2009,
but has already indicated its dis-
comfort with the crisis by refus-
ing to contribute money to a
eurol110 billion ($148 billion)
bailout for Greece by the other
euro members and the Inter-
national Monetary Fund.

The ECB's reluctance to
spend heavily to prevent the
crisis from potentially taking
down Portugal and Spain —
viewed by many as the next
weakest link in the currency
union — will keep the pressure
on European leaders to find a
political solution to the debt
crisis when they meet Thurs-
day and Friday in Brussels.

Data published Monday
showed that the ECB bought
euro2.667 billion ($3.55 billion)
in government bonds in the
week ended Dec. 10. That's the
biggest weekly purchase since
July and up from eurol.965 bil-
lion a week earlier, but way
below the euro4 billion to
eurol6 billion a week the cen-
tral bank spent on government
bonds in May and June.

By buying up the bonds of
vulnerable countries like
Greece, Ireland, Spain, or Por-
tugal the ECB stabilizes their
prices and yields, or interest
rates. Those rates indicate how
much a government would have
to pay if it were to raise money
in the debt markets.

By propping up bond prices,
the ECB also takes pressure off
banks, which hold government
bonds as buffers against finan-
cial shocks.

Many market participants
think the ECB's bond purchas-
es have been the main reason
for a stabilization in European
debt markets this month, but
analysts said Monday they
might have fallen short of
expectations.

"T would imagine that the
market will see this as a bit of a
disappointment,” Jonathan
Loynes, chief European econ-
omist at Capital Economics in
London, said of Monday's fig-
ure. "It's helping a little bit at
the margins but it doesn't look
like the kind of action that
would solve the crisis on its
own."

Jean-Claude Trichet, the
head of the ECB, said on Dec.
2 that the Frankfurt-based bank
would continue buying the
bonds of highly indebted gov-
ernments, after a euro67.5 bil-
lion bailout of Ireland failed to
soothe fears that the debt crisis
might force Portugal or Spain
into seeking international help.

Yields on the bonds from
Portugal and Spain fell sharply
following Trichet's statement,



(AP Photo/Paul White)

CRISIS POINT: Spain’s Finance Minister Elena Salgado speaks on her
cell phone at the Senate in Madrid Monday Dec. 13, 2010 during a
debate for the 2011 budget. Ratings agency Moody’s said Monday it
was keeping a negative outlook on Spanish banks because their cap-
italization, profitability and access to market funding are expected to
remain weak amid Europe’s unresolved financial crisis. The agency
expects the banks’ credit conditions to stay difficult for at least 12
months as Spain weathers fierce market pressure amid speculation
it might need a bailout like Ireland and Greece.





INTERNATIONAL
BUSINESS

but have been creeping up
again in recent days.

The yield on Portuguese 10-
year bonds closed at 6.29 per-
cent Monday, down from euro-
area highs of around 7.4 per-
cent in late November but still
too high to allow the country
to refinance its debts in the
long-run. The yield on equiva-
lent Spanish bonds stood at 5.46
percent Monday, not far off
their 5.5 percent high late last
month.

High yields are a sign of
investor concern over a coun-
try's ability to repay its debts.

Since the ECB started its so-
called Securities Markets Pro-
gram in May — in the wake of
the euro110 billion bailout of
Greece — it has bought euro72
billion in government bonds.
The ECB started out by buy-
ing more than eurol6 billion in
the first week of the program,
but hadn't spent more than
euro2 billion a week since ear-
ly July.

Even though the Securities
Markets Program is modest
compared with government
bond purchases by other central
banks, it was been criticized by
several members of the bank's
governing board, who fear that
the ECB is yielding to political
pressure to use its financial
muscle to contain the debt cri-
sis.

Trichet has emphasized that
the ECB's purchases are not
intended to bail out over-
spending governments, but to
ensure its monetary policy —
focused on keeping inflation in
check — reaches the markets.

By comparison, the U.S. Fed-
eral Reserve has said it will buy
$600 billion in government
bonds on the coming months
to boost economic recovery.

Some economists have been
pushing the ECB to do more
to stop the crisis, while others
want eurozone governments to
increase the region's euro750

billion ($1 trillion) financial
backstop or even issue pan-
European bonds.

Even though the euro67.5
billion bailout for Ireland has
used to up less than 10 percent
of the total fund — the euro110
billion Greek rescue loan was
provided separately — analysts
have raised concerns that there
might not be enough money to
shore up the finances of Spain
or Italy, Europe's fourth and
third largest economies.

That concern also appeared
to trigger Sulik's comments in
an opinion piece for Slovak
business daily Hospodarske
Noviny.

Sulik said it was "high time
for Slovakia to stop believing
in what euro zone leaders say
and prepare a Plan B. That is
the reintroduction of the Slo-
vak koruna."

The speaker said Slovakia
was too small to influence the
how the 16-country eurozone
is run, but added: "We must at
least protect the values that
people living in Slovakia have
created.”

A spokesman for the Slovak
finance ministry said leaving
the euro "is not on our agen-
da." Martin Jaros said "the
Finance Ministry has been
focusing on the creation of rules
at the EU level to ensure bud-
getary responsibility.”

Sulik declined to comment
further Monday. A spokesman
for the EU's monetary affairs
commissioner Olli Rehn
declined to comment on the
speaker's piece.

Slovakia's economy is
expected to grow by 4.1 per-
cent this year, more than any
other eurozone member,
according to the latest EU pre-
diction.

Sulik heads the new Free-
dom and Solidarity party that is
part of the four-party, center-
right governing coalition creat-
ed after June's general elec-
tions.

While a government can the-
oretically pull out of the com-
mon currency, economists say
leaving would be difficult and
costly from a practical stand-
point, involving changing soft-
ware, automatic teller machines
and cash registers as well as
printing new money — as did
the monumental logistical effort
involved in adopting the euro.

Additionally, some say it
could provoke a financial cri-
sis as investors sell assets ahead
of the redenomination, and
cause the country to face polit-
ical animosity from other euro-
zone members.

Greek labour reform triggers strikes

GLOBAL ECONOMIC NEWS

AT 8 Wt

A look at economic developments and activity in major stock markets

around the world Monday:

(AP Photo/Petros Giannakouris)

TRANSPORT PROTEST: People flag down taxis during a public transport strike in Athens on
Monday, Dec. 13, 2010. Workers at public transport services and a state-owned bank began
strikes Monday, starting off a week of protests against a shake-up of labor rules in crisis-hit
Greece. Transport services in greater Athens halted for more than six hours, a day before par-
liament was due to vote on the proposed changes that include deeper pay cuts for employees
at state companies and a reduction of collective bargaining rights in the private sector.

BRUSSELS — The European Central
Bank stepped up its purchases of bonds from
governments with shaky finances after Ire-
land's bailout failed to stabilize markets.

The ECB bought 2.67 billion euros ($3.55
billion) in government bonds in the week
ended Dec. 10. That's the biggest weekly
purchase since July and up from 1.97 billion
euros a week earlier.

ROME — Italian Premier Silvio Berlus-
coni looked for support from lawmakers as a
no-confidence vote looms in parliament, and
warned that bringing down his government
risks plunging the country into financial insta-
bility.

TOKYO — Japan's government said it
would cut the country's hefty corporate tax
rate by 5 percentage points in a bid to stim-
ulate the economy and help Japanese busi-
nesses stay competitive.

SHANGHAI — China's leaders wrapped
up an annual economic planning meeting
with a pledge to cool surging inflation while
shifting the economy toward more stable,
balanced growth.

Asian markets got a boost. The Shanghai
Composite Index gained 2.9 percent, Japan's
Nikkei 225 stock average closed up 0.8 per-
cent and South Korea's Kospi added 0.5 per-
cent.

Hong Kong's Hang Seng index rose 0.7
percent, Australia's S&P/ASX 200 inched
0.2 percent higher and stocks in Taiwan,
India and Thailand also rose.

European markets also rose. Britain's
FTSE 100 closed up 0.8 percent, and Ger-
many's DAX added 0.3 percent and France's
CAC-40 gained 0.9 percent.

BRATISLAVA, Slovakia — Slovak Par-
liament speaker Richard Sulik said his coun-
try needs to be ready to abandon the euro

and switch to its former currency if the euro
debt crisis hits more countries.

Sulik said the current bailout system could
work for Greece, Ireland and maybe Portu-
gal, but could hardly rescue much larger
Spain and Italy.

BERLIN — A German research institute
says it has revised its growth forecast for the
country’s economy upward to 3.7 percent in
2010 and 2.5 percent in the coming year.

LONDON — The deputy governor of the
Bank of England says the outlook for domes-
tic growth "remains highly uncertain" and
more measures may be needed to feed a
recovery.

ATHENS, Greece — Workers at public
transport services and a state-owned bank
went on strike in Greece, starting off a week
of protests against a shake-up of labor rules.

MADRID — Ratings agency Moody's said
it was keeping a negative outlook on Spanish
banks because their capitalization, prof-
itability and access to market funding are
expected to remain weak amid Europe's
unresolved financial crisis.

BEIJING — American lawmakers are
pressing China for action on currency and
high-tech trade in talks this week, and a
planned Washington visit by President Hu
Jintao next month has raised hopes Beijing
might offer concessions.

SEOUL, South Korea — Comments by
South Korea's president that unification with
rival North Korea is approaching have high-
lighted that policymakers should be ready
for any eventuality, central bank Gov. Kim
Choong-soo said Monday.

Join the Leading Environmental Conservation
Organization in The Bahamas

JOB OPPORTUNITY: PRESERVE ADMINISTRATOR AND
PROGRAMME DIRECTOR
LEON LEVY NATIVE PLANT PRESERVE - ELEUTHERA

Position Summary: This postion 6 located in Gowernor’s Harbour, Ekewiher
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showkd have a beve for the Bahansian environment. A strong interest in the
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Primary Responsibilities:

(General Preserve management duties
Develop all age school currkulun pera including detaied saan
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Manage on site programs incheding Docent programas, special ewents
and intern PPO CMe s.

Serve as a comevunily liaison between Local Government, Minwiry of
Tourism, local businesses and other agencies.

Qealification wn Experience:

MS0or AS Degree in Eeironmental education, Bioiegy or Botany with

ATHENS, Greece

Workers at public transport services and a
state-owned bank began strikes Monday, starting
off a week of protests against a shake-up of labor
rules in crisis-hit Greece.

Transport services in greater Athens halted
for more than six hours, a day before parliament
was due to vote on the proposed changes that
include deeper pay cuts for employees at state
companies and a reduction of collective bar-
gaining rights in the private sector.

A general strike on Wednesday is set to ground
flights, halt trains and ferries, and disrupt most
public services. Unions are also planning major
protests on that day in Athens and other cities.

The cuts are part of Greece's effort to reduce
its huge budget deficit as a condition of an agree-
ment to receive euro110 billion ($146 billion) in
international bailout loans.

Socialist Prime Minister George Papandreou is
due to hold successive meetings with opposition
party leaders Tuesday, seeking broader backing
for austerity measures that are likely to intensify
in early 2011.

4 minim of 3 years” experience

Bemonsiried experience in Program development
Teaching certification a pls

Proficiency in MS CHifice suite.

Strong anganizational and time management skills
Excellent oral amd written comnmvunication skills

To apply: Subenit cover letter, resume and theo references to the Bahamas
Mational Trust, Attn; Human Resources awenryssi bnt.bs by December 21",
2010.



TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM



PAGE 8B, TUESDAY, DECEMBER 14, 2010

THE TRIBUNE



Big Obama-GOP tax bill |
facing first Senate hurdle |

DAVID ESPO,
AP Special Correspondent
WASHINGTON

Last-minute legislation to avert a Jan. 1
increase in income taxes for millions
approached its first Senate hurdle on Mon-
day, propelled by an uneasy and unusual
alliance linking the White House and top
lawmakers in both parties.

Senate leaders predicted the measure
would gain the 60 votes needed to clear
the way for final passage within a day or
two.

"We're telling the American people to
keep money that's rightfully theirs, so they
can spend it and invest it as they please,”
said Senate Republican Leader Mitch
McConnell, R-Ky., shortly before the vote.

In a jab at Democrats, he added, "This is
an important shift, and the White House
should be applauded for agreeing to it.”

Sen. Max Baucus, D-Mont., who chairs
the Senate Finance Committee, said, "This
bipartisan compromise is about creating
jobs. Extending middle class tax cuts will
help create jobs. ... Job creation needs to be
our number one priority.”

The bill would provide a two-year
reprieve in the tax increases scheduled to
take effect on Jan. 1 at all income levels,
reduce Social Security taxes for every wage
earner in 2011 and extend an expiring pro-
gram of jobless benefits for the long-term
unemployed. The estimated cost, $858 bil-



lion over two years, would be added to
already-huge federal deficits.

The measure represents a reach across
party lines after two years of political com-
bat in which Republicans wanted a perma-
nent extension of all the tax cuts enacted
when George W. Bush was president, while
Democrats insisted rates be permitted to
rise on incomes over $200,000 for individ-
uals and $250,000 for couples.

Despite the bipartisanship in the Sen-
ate, disgruntled House Democrats have
vowed to block a final vote unless the leg-
islation is changed to scale back billions in
relief ticketed to the wealthy.

"I think we're going to have a vote on the
Senate bill, with possible changes," House
Majority Leader Steny Hoyer, D-Md., said.
"We may have it with amendments, we'll
see what the process is."

The compromise emerged a week ago
after private talks involving the White
House and top leaders in Congress, includ-
ing Republicans who emerged from
midterm elections with significantly
increased strength.

In the days since, President Barack Oba-
ma has drawn strong criticism from liberals
unhappy that he agreed to changes in the
estate tax and income tax that will benefit
the wealthy. Firing back, he said failure to
compromise would produce gridlock at a
time the economy is still struggling to recov-
er from recession and unemployment is at
a persistently high rate of 9.8 percent.

LEGAL NOTICE OF DISSOLUTION






NOTICE

The administration's outgoing top eco- }
nomic adviser, Lawrence Summers, said in }
a speech a few hours before the vote that }
the agreement should increase consumer }
spending and help the economy "now and :

for the next several years."

On the other end of the political spec- }
trum, some conservatives have spoken out }
against the bill, saying that the renewal of }
jobless benefits should be offset by spend- }

ing cuts elsewhere in the budget.

In fact, even supporters of the bill were at :
pains to point out parts they found objec- ;

tionable.

Baucus singled out the decision to leave }
tax rates unchanged on upper income earn- }
ers. Sen. John McCain, R-Ariz., highlight-
ed a series of energy tax breaks added to }
the bill late last week, including an exten- }

sion of the federal subsidy for ethanol.

McConnell cited "the Democrats’ insis- }
tence that we borrow the money we need to }
pay for a further extension of unemploy- }
ment insurance. In my view, if both parties }
agree that the debt is a serious problem, we }
shouldn't be writing checks that we don't }

have the money to cover."

Many House Democrats objected strong- }
ly to achange in the estate tax that Repub- }
licans won as part of the deal. The first $5 }
million of a couple's estate could pass to }
million could be passed along for the } NEW YORE
spouse. The balance would be subject toa }

heirs without taxation, and an additional $5

35 percent tax rate.

ESSO NIGERIA (OFFSHORE REGIONAL TWO)

INTERNATIONAL BUSINESS COMPANIES ACT





(No.45 of 2000)

Nokhauchis Limited











Notice is hereby given that in accordance with Section
137 (8) of the International Business Companies Act, No.
45 of 2000, the Dissolution of Nokhauchis Limited has
been completed, a Certificate of Dissolution has been is-

LIMITED

NOTICE

Pursuant to the provisions of Section 137 (8) of the

sued and the Company has therefore been struck off the



Registrar. The date of completion of the dissolution was












16th November, 2010.

|
S| Piel ae hy
Pads
Cor ivi Licentiate, bre
I ar

International Business Companies Act 2000, notice

is hereby given that the above-named Company has
been dissolved and struck off the Register pursuant
to a Certificate of Dissolution issued by The Registrar
General on the 6" day of December, A.D., 2010.

Dated the 10th day of December, A.D., 2010.

Carol G. Gray
Liquidator of

ESSO NIGERIA (OFFSHORE REGIONAL TWO)

ESSO NIGERIA (OFFSHORE REGIONAL THREE)

LIMITED

NOTICE

LIMITED

ESSO NIGERIA (OFFSHORE REGIONAL FOUR)

Pursuant to the provisions of Section 137 (8) of the

International Business Companies Act 2000, notice

is hereby given that the above-named Company has
been dissolved and struck off the Register pursuant
to a Certificate of Dissolution issued by The Registrar
General on the 6" day of December, A.D., 2010.

LIMITED

NOTICE

Pursuant to the provisions of Section 137 (8) of the
International Business Companies Act 2000, notice

is hereby given that the above-named Company has
been dissolved and struck off the Register pursuant
to a Certificate of Dissolution issued by The Registrar

General on the 6" day of November, A.D., 2010.

Dated the 10th day of December, A.D., 2010.

Carol G. Gray
Liquidator of

Dated the10th day of December, A.D., 2010.

ESSO NIGERIA (OFFSHORE REGIONAL

THREE) LIMITED

Carol G. Gray
Liquidator of

ESSO NIGERIA (OFFSHORE REGIONAL FOUR)

ROYAL DFIDELITY

Moray at Work

BISX LISTED & TRADED SECURITIES AS OF:
MONDAY, 13 DECEMBER 2010

LIMITED

EG CAP

TTAL MARKETS
BROKERAGE & ADVISORY SERVICES

C31 nod

EJ

c [eri ” TL.

BISX ALL SHARE INDEX: CLOSE 1,487.81 | CHG 5.08 | %CHG 0.34 | YTD -77.57 | YTD % -4.96

FINDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%

WWW.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-2320

S2wk-Low
1.00
9.67
4.50,
0.18
2.70
2.14
9.62
2.36
5.40
1.63
1.60
5.94
Â¥.25
8.77
Bars
1.00
5.00.
9.82

10.00

Securit_y
AML. Foods Limited
Bahamas Property Fund
Bank of Bahamas
Benchmark

Bahamas Waste

Fidelity Bank

Cable Bahamas

Colina Holdings
Commonwealth Bank (S1)
Consolidated Water BDRs
Doctor's Hospital
Famguard

Finco

FirstCaribbean Bank
Focol (S)

Focol Class B Preference
ICD Utilities

J. S. Johnson

Premier Real Estate

Previous Close Today's Close
1.01 TFL
10.63
4.90.
0.18
2.70
2.17
10.46
2.40
6.85 6.95
1.80 1.82
1.60 1.60
6.07 6.07
v.28 7.23
98.39 2.39
5.46
1.00
5.59
9.82
10.00

Change
0.00.
0.00.
0.00,
0.00,
0.00.
0.00.
0.00,
0.00.
0.10
0.02
0.00

10.63
4.90.
0.18
2.70
2.1F

10.46
2.40

0.00,
0.00,
0.00.
0.00
0.00.
0.00.
0.00.
0.00.

5.46
1.00
5.59.
9.82
10.00

Daily Vol.

EPSS$
0.150

Div $

0.013
0.598
-0.877
0.168
0,016
1.050
0.781
0.422
o.111
6.18s
-0.003
0.287
0.645
0.366
0.000
0.012
0.971
0.891





Ga Rei as
AFTER OPEC MEETING



(AP Photo/Hasan Jamali)
PRICES HIKE: Unidentified oil workers make adjustments
to increase a well’s production Wednesday, Dec. 8, 2010,
at a site in the Sakhir, Bahrain, desert oilfield of the Per-
sian Gulf.





Oil resumed its march to $90 a barrel on Monday after

OPEC left its crude output quotas unchanged, citing slowing
: demand and abundant supplies.

Benchmark crude for January delivery rose 82 cents to set-

tle at $88.61 per barrel on the New York Mercantile Exchange.

Oil prices bounced back following OPEC's weekend meeting

i in Ecuador, where oil ministers said they would keep produc-
? tion quotas unchanged. Even though that was expected, oil
i traders were glad to have it confirmed. "The market is focusing
: ... on the lack of desire to add more oil to quash higher prices,"
: JP Morgan analysts said in a note to investors.

While higher oil prices put more money in OPEC pockets,

: oil-producing countries worry that prices could go too high, fan
: inflation and slow the global economic recovery. "The ministers
: generally love existing prices,” energy consultants Cameron
: Hanover said in a report. "Some insiders have hinted at a quo-
} ta increase if crude oil prices break above $100 a barrel."

Oil prices were also helped on Monday by a weaker dollar.

Oil and other commodities are priced in dollars, so they become
? more attractive to buyers with foreign currency as the dollar
: retreats.

The energy markets are watching the Senate vote on extend-

? ing tax cuts. The bill would also extend unemployment benefits
? and reduce Social Security payroll taxes for a year, all of which
? are seen helping the economic recovery. As the economy
? recovers, demand for oil and gas is expected to improve as
: well. In other Nymex trading, heating oil added 0.77 cent to set-
: tle at $2.4652 a gallon. Gasoline gained 0.91 cent to settle at
$2.3184 a gallon. Natural gas picked up 0.3 cent to settle at
i $4.420 per 1,000 cubic feet.

NOTICE

NOTICE is hereby given that HOWARD CAMPBELL JR. of 982
LISKEARD AVENUE, P.O.BOX F42282, FREEPORT, GRAND
BAHAMA, 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 7th day of DECEMBER, 2010 to the Minister responsible
for Nationality and Citizenship, P.O.Box N-7147, Freeport, Bahamas.

ESSO NIGERIA (OFFSHORE VENTURES) LIMITED

NOTICE

Pursuant to the provisions of Section 137 (8) of the
International Business Companies Act 2000, notice

is hereby given that the above-named Company has
been dissolved and struck off the Register pursuant
to a Certificate of Dissolution issued by The Registrar
General on the 6" day of December, A.D., 2010.

Dated the 10th day of December, A.D., 2010.
Carol G. Gray

Liquidator of
ESSO NIGERIA (OFFSHORE VENTURES) LIMITED

ESSO (BM-S-ELEVEN) BRAZIL EXPLORATION
LIMITED

BISX LISTED DEBT SECURITIES - (Bonds trade on a Percentage Pricing basis)
Security Symbol Last Sale Change Daily Vol. Interest
Bahamas Note 6.95 (2029) BAH29 0.00 6.95%
Fidelity Bank Note 17 (Series A) + FBB17 0.00 7%
Fidelity Bank Note 22 (Series B) + FBB22 0.00 Prime + 1.75%
Fidelity Bank Note 13 (Series C) + FBB13 100.00 0.00 7%
Fidelity Bank Note 15 (Series D) + FBB15 100.00 0.00 Prime + 1.75%
RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)
Symbol Bid & Ask Last Prircre Daily Wal.
Bahamas Supermarkets 5.01 6.01 14.00
RND Holdings 0.35 0.40 0.55
CFAL Securities Ltd. (OQver-The-Counter Securities)
30.13 31.59 29.00
0.45 0.55 0.55
BISX Listed Mutual Funds
NAW. YTD%
1.5179 5.51%
2.9187 1.10%
1.5697
2.7108
13.2825
114.3684
106.5528
1.1367

S2wk-Hi S2wk-Low Maturity
20 November 2029.
19 October 2017
19 October 2022
30 May 2013

29 May 2015

99.46
100.00
100.00

NOTICE

EPS$
-2,.945
0,001

Div & Pre
0.000 N/M
0.000

Yield Pursuant to the provisions of Section 137 (8) of the
International Business Companies Act 2000, notice

is hereby given that the above-named Company has
been dissolved and struck off the Register pursuant
to a Certificate of Dissolution issued by The Registrar

General on the 29'" day of November, A.D., 2010.

256.6

ABDAB
RND Holdings

4.540
0.002

0.000
0.000

9.03.
261.90

NAV 3MTH
1.498004
2.919946
1.551550

NAV GMTH
1.475244
2.911577
1.532712

NAV Date
30-Nov-10
30-Sep-10
3-Dec-10
30-Nov-10
30-Nov-10

Fund Name

CFAL Bond Fund
CFAL MSI Preferred Fund

1.4954 CFAL Money Market Fund

2.8522 Royal Fidelity Bahamas G & | Fund
13.0484 Royal Fidelity Prime Income Fund
101.6693 CFAL Global Bond Fund

99.4177 CFAL Global Equity Fund

1.0000 FG Financial Preferred Income Fund
FG Financial Growth Fund
FG Financial Diversified Fund
Royal Fidelity Bah Int'l Investment Fund Principal
Protected TIGRS, Series 1
Royal Fidelity Bah Int'l Investment Fund Principal
Protected TIGRS, Series 2
Royal Fidelity Bah Int'l Investment Fund Principal
Protected TIGRS, Series 3
Royal Fidelity Int'l Fund - Equities Sub Fund

Last 12 Months %
6.90%
3.13%
4.18%
-4.96%
-0.14%
12.49%
7.18%
5.21%
6.87%
5.78%

1.4076
2.8300
4.15%
-13.03%
Bone Dated the 8th day of December, A.D., 2010.
a hoes
2.75%
4.18%

109.392860
100.779540

107.570619.
105.776543

30-Jun-10
30-Sep-10
31-Oct-10
1.0974
1.1363

31-Oct-10
31-Oct-10

1.0000
1.0000.
9,1005

9.7950 4.85% 5.45% 30-Nov-10

10.0000

Carol G. Gray
Liquidator of
ESSO (BM-S-ELEVEN) BRAZIL EXPLORATION
LIMITED

10.6417 1.20% 0.50% 30-Nov-10
9.1708
9.6635 -3.37%
7.9442 2.94%
MARKET TERMS

YIELD - last 12 month dividends divided by closing price

Bid $ - Buying price of Colina and Fidelity

ASk $ - Selling price of Colina and fidelity

Last Price - Last traded over-the-counter price

Weekly Vol. - Trading volume of the prior week

EPS $ - A company's reported earnings per share for the last 12 mths

NAV - Net Asset value

N/M - Not Meaningful

FINDEX - The Fidelity Bahamas Stock Index. January 1, 1994 = 100

3.37%
6.47%

30-Nov-10
4.8105 30-Nov-10
BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00
52wk-Hi - Highest closing price in last 52 weeks
52wk-Low - Lowest closing price in last 52 weeks
Previous Close - Previous day's weighted price for daily volume
Today's Close - Current day's weighted price for daily volume
Change - Change in closing price from day to day
Daily Vol. - Number of total shares traded today
DIV $ - Dividends per share paid in the last 12 months
P/E - Closing price divided by the last 12 month earnings
KS) - 4-for-1 Stock Split - Effective Date 8/8/2007
S41) - S-for-1 Stock Split - Effective Date 7/11/2007

TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-7525

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM





THE TRIBUNE

TUESDAY, DECEMBER 14, 2010, PAGE 9B







The Tribune

O Dil



ea



ftn







10 secrets
for younger
looking skin

CAN someone in their twenties
or early thirties be affected by aging
skin? Of course they can. The
youthfulness of your skin is deter-
mined more by the way it has been
treated than age, in other words, if
your skin is exposed to environ-
mental aggressions, poor lifestyle
habits and a stressful life, your skin
starts experiencing real signs of
aging, loss of collagen, glow and
elasticity.

Here are 10 ways to prevent or
repair aging skin:
¢ Protect your skin from sun dam-
age, using an UVA and UVB pro-
tection. The number one cause of
aging is due to the sun.
¢ Quit smoking and avoid expo-
sure to cigarette smoke.
Researchers have proven that
smoking contributes significantly
to skin wrinkles and dryness by
constricting blood vessels and
decreasing oxygen to the skin
¢ Use an AHA or BHA (also
Known as retinols) daily. Alpha
hydroxy acids remove dead skin
cells. When used consistently it
can erase fine lines and remove up
to ten years off your skin. To
avoid sunburn it is important to
use sunscreens, when using
retinoids.
e Use an exfoliant at least once a
week. Exfoliants vary from a mild
scrub, to enzymes and chemicals
or acids. The type of exfoliants is
determined by one’s age and skin
type. If you're thirty and over,
chemical exfoliates such as glycol-
ic and salicylic acid works better
and faster.
e Use an eye cream daily with SPF
to protect the skin from the sun.
The eye area is very thin and one
of the first areas on the face to
age.
¢ Antioxidants supplements, key to
age prevention. Take oral and top-
ical antioxidants. Examples of
some antioxidants are vitamin c,
alpha lipoic acid and coenzyme 10.
¢ Get sufficient sleep. Sleep gives
the body an opportunity to rest,
rejuvenate, replenish, and regen-
erate itself. Any damage that is
done that could possibly con-
tribute to premature aging is
repaired during sleep. During
sleep free radicals are dissolved,
which are known to cause prema-
ture aging.
¢ Reduce levels of stress. The skin
reflects the general health of the
body, so what goes on inside is
eventually reflected outwardly.
Stress speeds up the aging process.
Stress and worry can cause frown-
ing; eventually the facial muscles
conform to that movement.
¢ Limit your intake of alcohol.
Alcohol dilates blood vessels,
overtime these blood vessels
become permanently damaged.
¢ Regular exercise program is
important, although it has many
physical benefits, it is eventually
seen on your face and help you
look younger, at any age.

A few extra points to fight aging
skin:

¢ Cleanse your skin gently, but
properly daily.

¢ Moisturise your skin, especially
at night.

¢ Stick to a healthy diet, a diet rich
in fresh fruits and vegetables.

e Drink at least eight glasses of
water.

¢ Hydrating your skin with nutri-
ents is increasingly important. Dry
skin is more prone to forming
wrinkles than any other skin type.
Essential fatty acids are unsaturat-
ed fats which are essential to the
diet because the body does not
produce them. Essential fatty
acids are found in vegetables, nuts
and some fish. Essential fatty acids
contribute to the health of the cell
membrane in order to prevent
damage of free radicals. Free radi-
cals are known primarily to cause
premature aging.

Kenya Mortimer-McKenzie
Esthetician/Ant-Aging Skin Care Spe-
cialist

Baha-Retreat Anti-Aging Spa

The importance of a
service dog changing lives

By ALESHA CADET
Tribune Features Reporter

ot only did Booster
| \ | save Davis Hawn's

Life, the service dog
became his best friend.
When Mr Hawn faced Post
Traumatic Stress Disorder,
Booster picked up the
pieces of the man’s shat-
tered life and changed his
life, they are now known

as a team!

After the terrible experience of
being diagnosed with Post Trau-
matic Stress Disorder, with Boost-
er's assistance, Davis Hawn of Pass
Christian, Mississippi was never
alone.

In an interview with Tribune
Health during his visit to the
Bahamas, Mr Hawn said the
Bahamas experience proved enlight-
ening for the disabled who could
use a dog like Booster to better their
lives. "It was also an opportunity to
express that we have more to fear
from man’s inhumanity to man than
we do from a dog.”

He continued: "I have never, ever
had a door closed to me and Boost-
er here in the Bahamas. The dis-
abled dollars are green and the dis-
abled often travel with an assistant,
two visitors. We need a safe place of
interest to visit and the Bahamas is
perfect. Good weather, friendly and
educated people with big smiles and
huge hearts. You are the small
nation with the big heart."

"T experienced fear in the form
of Post Traumatic Stress Disorder
so I understand fear. The reality of
life reveals that dogs pull us in
wheelchairs after we lose limbs or
experience paralysis."

Around the time of Disability
week 2010, Mr Hawn was greeted
Sheila Culmer who graciously invit-
ed him and Booster to address The
Bahamas National Council for Dis-
ability.

Mr Hawn explained that the pair

appeared on many television pro-
grams while in Nassau, including
Bahamas at Sunrise and Conversa-
tions with Etoille Pinder.

Speaking on some of the places
they have visited in the Bahamas,
Mr Hawn said: "We also attended
services at the Native Golden Gate
Baptist Church where Booster
demonstrated his skills to the con-
gregation which included many dis-
abled individuals."

"We were graciously gifted tickets
to the lighting of the Christmas tree
and witnessed the miraculous mer-
riment of children singing carols and
reciting poems. We also got a taste
of the one of a kind Junkanoo festi-
val that rivaled Disney in pageantry
and splendor. The following day,
we visited the awe inspiring
Bahamas Humane Society where
Booster entertained children while
I bathed a lonely, frightened pot-
cake who thanked me with a kiss
on the cheek. I knew how he felt
for I too once felt the same way due
to disabilities in my life.”

Mr Hawn added that his heart
goes out to the Bahamians because
every place they have gone they
were accepted. "They have trusted
us and its a new concept in the
Bahamas for the service animal.
They listen, they understand and
they give us the benefit of the doubt
and they give us public access,” he
said.

"We look at the dog as durable
medical equipment, our indepen-
dence in life and to separate a ser-
vice dog from its owner is like
throwing someone out of a wheel-
chair. Public access is crucial. The
dog can do no good if not allowed
public access with its partner.

"It's very important to stress the
idea that you do not have to look
disabled to be disabled. There is a
lot of potential in dogs to help peo-
ple, that people are not aware of
and rather than fear a dog, maybe
they should embrace the dog,” he
said.

Mr Hawn went on to say: "J owe
gratitude to the Bahamian popula-
tion for affording me a stress free



A-TEAM: Davis Hawn and his service dog Booster offers and helps the disability
in creating a way to a better life with the assistance of a service dog.

environment in which I could share
my experience and enjoy my life. I
thank Sheila Culmer for her decades
of working on behalf of the disabled

and inviting me to share my mes-
sage with the wonderful people of
the Bahamas who I hold so dear in
my heart.”

Caribbean Bottling Company brings
Christmas early to child cancer patients

By JEFFARAH GIBSON
Tribune Features Writer

FOR just one day, they didn’t
have to worry about injections, tak-
ing medications or anything associ-
ated with chemotherapy.

Thanks to the Caribbean Bottling
Company, who treated child cancer
patients to a fun day at Mario’s
Bowling & Family Entertainment
Palace, the little ones had an oppor-
tunity to give Santa Claus their
Christmas wishes, have fun with
their friends outside of the doctor’s
office, bowl and play exciting arcade
games.

For some of the kids it was their
first time at Mario’s Bowling &
Family Entertainment, as trips to
and from the doctors office do not
leave much time for leisure activi-
ties.

It was three year old Jayden
Lasister’s first time at the enter-
tainment center. He didn’t wasted
any time when it came to the
arcade games. His mother, Ruth
Lasister sat down with Tribune
Health and extended great thanks to
the Caribbean Bottling Company
for hosting the event. She said it
was a great idea because it allows
them to have fun under in a differ-
ent setting.

“This was Jayden’s first time at
Mario’s and he was so excited. I
think this is such a great idea
because last Christmas my son was
doing chemotherapy and we didn’t
even celebrate Christmas. I just did-
n’t get that chance to take him out
because when you have a child that
is sick you really don’t have the time
do a lot of things. But at this event
he got to have fun and see his
friends in a better setting as oppose
to seeing them at the doctor’s
office,” she said.

Cyndi Williams, customer service



Tim Clarke/Tribune staff

DONATION: Caribbean Bottling Company presented the Cancer Society with a cheque in the amount of two thousand three
hundred and fifty dollars on Saturday. Pictured from left Cancer Society board member Dr. Homer Bloomfield, Mario’s Bowl-
ing & Entertainment Palace Gregory Wilkinson, Customer Service & PR Manager, Caribbean Bottling Company (Bahamas)
Ltd Cyndi Williams Rahming and Manager of Finance, Caribbean Bottling Company (Bahamas) Ltd Cherfelt Wells.

and public relations manager, at the
Caribbean Bottling Company said
that they hope to make this an
annual event for cancer kids.

“We always hear of the high inci-
dence of cancer among adults but
nobody really focuses on the kids.
There are no tests done to see if
kids have cancer. Last year, we held
the same event because we wanted
to show the kids a great time around
this time of year. We just wanted
them to have fun and not think
about chemotherapy and we hope
to make this an annual event,” she
said.

During the day of fun, a dona-
tion of $2350 from the Caribbean

Bottling Company was made to the
Cancer Society of the Bahamas.

Dr Francis Williams member of
the board of the Cancer Society told
Tribune Health that the donation
will go towards purchasing porta
cathes, an implanted venous device
that makes the administration for
chemotherapy much easier for can-
cer patients.

“The porta cathes are a device
that are implanted under the skin
and if patients don’t get that they
will be on treatment for a very long
time. But if they do get the porta
cathes it allows them to get treat-
ment relatively easy,” he said.

He also said that this donation

makes the fight against cancer for
the organisation much easier. “Can-
cer for anyone is challenging. It has
been a challenge for us and this con-
tribution made by the Caribbean
Bottling Company makes the chal-
lenge much easier,” he explained.

President of the Cancer Society
Earle Bethell was also on hand and
said they will continue their efforts
to reach out to kids with cancer.

“T must say that we are most
appreciative for what the Caribbean
Bottling Company are doing. We
have to try and reach out to those
kids that are affected by cancer and
this is one way of doing so,” Mr
Bethell said.

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PAGE 10B, TUESDAY, DECEMBER 14, 2010

BRIGHT: Mira-
sol (look at the
sun) peppers
are not very
ney eye) arly =
extremely

ate Nc Niele

ahamians in general are
B quite happy to enjoy

their meals with just
two kinds of pepper: bird and
goat. Bird pepper is added
raw, usually after being
mashed, as a condiment
while goat pepper is usually
added to dishes during the
cooking process.

We may not be able to enjoy true
true bird and goat peppers for much
longer. Hot peppers are easily cross-
pollinated and lose their distinctive
flavour. It is one of the rules of the
garden that one should grow sweet
peppers well away from hot peppers,
but the different varieties of hot pep-
pers will cross-pollinate and change
their essential characteristics.

Two years ago I grew some
Habanero peppers that should have
been really hot. Even though I had
them a fair distance from my sweet
peppers the Habaneros were disap-
pointingly mild and insipid. I also
have some ornamental Mirasol pep-
pers that over three generations have
completely lost their pepperiness.

Hot peppers can be divided into
those we use for flavour and those

Hot peppers

as

/

we use as ornamentals. Ornamen-
tals include Thai peppers that go
through green, yellow, purple,
orange and red stages, and strange-
ly shaped peppers like Peter pep-
per. You could use Thai or Peter
peppers to season food but they tend
to have mere heat without a distinc-
tive flavour. Black, brown and pur-
ple hot peppers often look ominous
but there are no poisonous peppers.

Perhaps the most prevalent hot
pepper in the US is the Jalapeno, a
pepper that grows easily and reach-
es four to five inches in length. The
Jalapeno used to be mild and very
flavoursome, but in recent decades it
has been turned into a mouth burn-
er. This is sad because there are
many peppers to choose from for
heat while few have a defining
flavour.

Two approximate substitutes for
bird peppers are Tabasco and Ser-
rano. Tabasco peppers are often
called ‘finger’ peppers and tend to be
squarish at the stalk end. Like bird
peppers, they give a sharp bite and
then fade quickly. Serrano peppers
are shaped like bullets and are real-
ly handsome. Many people use them
at the green stage for a milder
flavour but when bright red they are
meaty and a solid medium hot.

Very popular in recent years are
stuffing hot peppers. These tend to
be long and vary in pepper strength
from mild to medium hot. Anaheim,
Numex and the slightly more bul-
bous Poblano peppers are ideal for
slitting at the side, stuffing with a
savoury mixture that must include
cheese, then grilling or sweating
them until cooked and the cheese is
melted. Big Jim Numex is one vari-
ety I tried last year and it was perfect
for stuffing.

Ihave been very vague about pep-
per strengths because until 1980
there was no definitive way of mea-
suring the relative heat of differing
peppers. A scale of 1-10 was gener-
ally used with Banana pepper as 1
and Habanero 10. In 1980 a scientif-
ic method was employed using liquid

THE TRIBUNE




FUNNY SHAPES: Peter pepper fruits grow very irregularly and are odd ornamentals.

chromatography, accurate to two
parts in a million. The heat was mea-
sured in Scoville Units, named after
the inventor of the process. In Scov-
ille Units a bird pepper and Serrano
would measure 5,000 to 15,000 while
Tabasco would be 30,000 to 50,000
and Habanero or goat pepper over
100,000.

Years ago sports creams used for
sprains and aching muscles used to
be bland and odourless, but they
worked. The public demanded more
evidence of their effectiveness so the
manufacturers added wintergreen
to make it smell and hot pepper
extract to make it burn. Then in the
1990s came along sports creams
without smell or heat — just as they

once were.

The heat of hot peppers comes
from capsaicin in the connective tis-
sue within the pepper. Pepper seeds
do not produce capsaicin but their
proximity allows them to absorb cap-
saicin and makes them hot. By
removing the placental connective
tissue and seeds and using only the
flesh of the pod one gets the true
flavour of the pepper and reduces
the intensity of the heat.

Do not drink water if you have a
pepper attack. Capsaicin is absorbed
by oil so milk, ice cream or yoghurt
will be far more effective than water.

¢ gardenerjack@coralwave.com



First Care staff attends AHA Revision

HIV and you

REGARDLESS of a per-
son's HIV status, it is recom-
mended that one visits a den-
tist about every six months.
These regular visits allow the
dentist to find early signs of
decay, infection and disease
and to treat problems at a
manageable stage.

Studies show that cavities
in people living with HIV can
act as fungal reservoirs. There-
fore, treating cavities imme-
diately may reduce infections
like ‘thrush’ (ie mouth infec-
tion).

For proper care, it is helpful
for a dentist to know that you
are living with HIV because
there are certain conditions
that they will want to pay
extra attention to.

Finding a dentist who you
trust, who is supportive and
who can help you make
informed treatment decisions
is mandatory. If you do not
already have a dentist who
you trust and feel comfortable
with, consider a referral from
your doctor, a friend or an
AIDS service organisation.

ORAL CONDITIONS
OF HIV DISEASE

It is estimated that 90 per cent
of people with HIV will devel-
op at least one mouth condi-
tion related to HIV disease.
These conditions, such as
‘Candidiasis’ (ie thrush) and
‘Hairy Leukoplakia (ie. hairy
white plaque), may be the first
sign of immune suppression
linked to HIV infection, and
in many people, are the first
signals that lead doctors to
encourage HIV testing. Most
show up as lesions or sores
and can be categorised into
four types: abnormal cell
growth (cancer), bacterial,
viral and fungal.

1. ABNORMAL CELL GROWTH -
The most common cancers
associated with HIV which
can affect the mouth, include
Kaposi's Sarcoma and Lym-
phoma.

Kaposi's Sarcoma (“KS”) is
the most common AIDS-
related cancer reported in
about 15 per cent of people
with AIDS. Commonly KS is
on the skin, although over half
the people with it report oral
lesions as well. Sometimes
oral lesions that appear as
patches or swellings are the
first obvious sign. The roof of
the mouth is the most com-
mon site, but they also occur
on the gums, tongue and at
the back of the mouth, near



the throat.

Lymphoma is rarer than KS
and generally more serious.
Mouth symptoms, which may
simply be a small lump in the
mouth or near the tonsils, can
often be the first sign of lym-
phoma. The lesions include
firm masses and persistent
ulcers. It is possible to detect
this condition early by having
regular dental exams.

2. BACTERIAL INFECTIONS
- Some of the most common
mouth signs of HIV disease
result from overgrown bacte-
ria. Fortunately, these infec-
tions are among the easiest to
treat; but if left untreated or
detected too late, serious
health problems may occur.

Gingivitis is inflammation
of the gums (sometimes
accompanied by bleeding and
bad breath) caused by a bac-
terial infection. Periodontal
disease includes all diseases of
the gums, teeth and underly-
ing bone.

People living with HIV are
more at risk to these fairly
common conditions and may
also face more rapid and
severe forms of gingivitis and
periodontal disease. The
more severe forms include
Linear Gingivitis Erythema
and Necrotizing Ulcerative
Periodontitis, conditions that
occur almost exclusively in
people living with HIV.

3. VIRAL INFECTIONS - Mouth
conditions caused by viruses
can be painful and are rarely
fully cleared from a person's
body. There is, however,
effective therapy that can treat
current conditions and sup-
press future outbreaks.
Herpes Simplex Virus Type
I (HSV-1”), which causes
blisters on the lips, is fairly
common in the general popu-
lation and even more so in
people living with HIV. In
addition to sores on the lips,
HSV-1 can appear inside the
mouth, as "bubbles" on the
gums and in the mouth, often
in firmer tissue, like the roof
of the mouth. Herpes sores
can occur with fever, pain and
loss of appetite. They can
either be small and almost

painless or they can be trou-
blesome, extensive and per-
sistent.

Oral Hairy Leukoplakia
(“OHL”) is one of the most
common HIV-related oral
conditions. It is not danger-
ous and can occur very early
in HIV disease. It may, how-
ever, point to an increasing
risk of other, more serious ill-
nesses. Symptoms include
white patches on the sides of
the tongue or walls of the
mouth. They look folded,
with hair-like particles along
the folds. OHL is rarely (if
ever) painful and while annoy-
ing (people complain about
its appearance and texture),
it is not serious.

Cytomegalovirus (“CMV”)
mostly occurs in people with
late-stage disease, and only
very rarely does it manifest in
the mouth. These sores can be
widespread and have been
seen on the gums, cheeks and
roof of the mouth. Since oral
CMV ulcers can look like oth-
er ulcers, a biopsy may be nec-
essary to identify it in the
mouth.

4. FUNGAL INFECTIONS - Oral
Candidiasis is perhaps the
most common oral condition
in people with HIV. A
healthy immune system can
suppress the overgrowth of
this fungus, but even a mildly
compromised system may not
keep the fungus in check. Fac-
tors that may cause Candidia-
sis are prolonged stress,
depression and using antibi-
otics.

Planning a course of action
for dental care and treatment
is important for people living
with HIV. Your dentist is a
partner in helping you devel-
op this plan. Optimally, any
course of treatment should be
made together -- with you,
your doctor and your dentist
working together.

This article is for informational
purposes only. It is not intended
and may not be treated as, a sub-
stitute for professional med-
ical/dental advice, diagnosis, or
treatment. Always seek the advice
of a physician or dental profes-
sional with any questions you
may have regarding a
medical/dental condition. Never
disregard professional med-
ical/dental advice or delay in seek-
ing it because of a purely infor-
mational publication."

André R. Clarke, DDS, MBBS «
Specialised Medical Dentist

2010 Scientific Conference



Conference in Chicago, Illinois.

By ALESHA CADET
Tribune Features Reporter

TWO members of the MedNet Group of
Companies recently attended an intensive one-
day American Heart Association (AHA) sem-
inar held in November at the McCormick Con-
vention Center in Chicago, [linois as they
revised protocol with a view to preserving
human life.

The medical professionals explained what
attending such a conference and updating their
knowledge of the CPR guidelines meant for
First Care and the country. “It means that it is
an opportunity for us to try to recruit more
Bahamians to become more aware of the
importance of being as knowledgeable as you
can about preserving human life.

“CPR is not just being taught because we
can, but because it is vital to the health of
Bahamians. We have qualified, certified
Bahamian instructors who belong to the inter-
national body of the AHA, so it really does
mean a lot for us,” said First Care Medical
Director, Dr Nigel Johnson who described the
AHA conference as educational and informa-
tive. He went on to explain one of the most
important revisions at this year’s conference.

“The initial recommendations used for
patient resuscitation were airway, breathing
and circulation (A-B-C). That has been
changed to circulation, airway and breathing
(CAB).”

“Tt’s an interesting concept since most of us
have been trained for years to make sure that

CERTIFIED: First Care Basic Life Support providers display their certificates after attending the AHA 2010

the airway is clear and that you are ventilating
your patient. Now they are saying that based on
the studies presented you should seek to
improve cardiac profusion by early effective
compression, and then proceed after that to
secure your airway and ventilation.

“The AHA’s reason for the change is that
according to studies, for most people going
into cardio-pulmonary arrest, the blood has
reasonably good oxygenation for at least three
to five minutes. Even with experienced indi-
viduals, the average delay in ventilation of the
patient is at least eighteen to twenty five sec-
onds and it has been shown that this delay con-
tributes to a decrease in patients’ chances of
survival,” he explained.

Going further, another component that Dr
Johnson found interesting was the revision in
the variation of depths of compression with
victims of cardio-pulmonary resuscitation.
Addressing the question of one rescuer man-
agement of a patient who has collapsed vs two
rescuers, Dr Johnson said, “Whether there are
one or two rescuers, the approach is still CAB
to try to preserve the life of the patient.”

Dr Johnson expressed First Care’s vision for
the country in these words: “Certainly we
would like to see an era in this country where
every home has someone with knowledge of
life-saving techniques such as CPR, Basic Life
Support or First Aid. This would go a long
way toward improving the overall healthcare of
the country. It’s also a great feeling to know
you have assisted a friend or relative. After
all, you can’t really put a price on knowledge.”

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THE TRIBUNE

TUESDAY, DECEMBER 14, 2010, PAGE 11B



Holiday glamour: Keep
it simple and sparkling

(ARA) - Twinkling lights, silvery tinsel
and gold decorations aren't the only
things that should shine this holiday sea-
son. Holiday festivities give you the
chance to do some sparkling of your own.

Whether it’s a casual office party, ritzy
dinner gathering or a holiday tea with
the girls, every holiday event offers a
chance for you to indulge in a bit of hol-
iday glamour. Fortunately, it’s not nec-
essary to completely revamp your
wardrobe or invest in all-new jewelry
and cosmetics - unless you want to, of
course.

The glamour experts at Midnight Vel-
vet, an online fashion, beauty and home
goods seller, including a panel of inter-
national designers, offer a few tips on
how you can sparkle this holiday season:

DRESS FOR FESTIVE SUCCESS

There's a reason why the little black
dress is a fashion staple - it works at all
times of the year and provides a flattering
foundation for showing off your jewelry,
accessories and makeup. Don't be afraid
to pull out that basic black dress, jazzed
up with some festive jewelry, shoes and
accessories for the holidays, no matter
how often you've worn it through the
year. You can always make it look sea-
sonally appropriate, dazzling and new.
Whether it’s a plain sheath, sleeveless, a-
line or has an empire waist, be sure to
choose a style that is simple but comple-
ments your figure.

More good news - it’s the 21st century
and it's now OK to wear white after
Labor Day. A simple white sheath can be
as classic and stylish as any little black
dress. Add jewelry and accessories in
red, green, gold and silver, and you've got
a Virtually endless variety of exciting new
looks that capture the essence of the win-
ter holidays.

THAT HOLIDAY GLOW

The holidays are a great time to exper-
iment with your makeup. The season
offers opportunities to take your look
from dramatic and glamorous for evening
affairs, to fresh-faced and festive for
morning and afternoon soirees. What-
ever event you're dressing for, howev-
er, you want makeup that will power
through the whole party without requir-

ing you to reapply or touch up. Mineral
makeup is a great option when you're
marathoning through the holidays. High-
quality ingredients and skin-nourishing
elements in mineral makeup provide a
flawless finish and a healthful glow.

HOME IS WHERE THE GLAMOUR IS

Chances are you'll be hosting a few
holiday parties in your home this year.
Just as simple steps can make you sparkle
this season, a few touches can help you
present a glamorous home as the guests
start to arrive.

Proper lighting is essential for setting a







































mood at any time, but it plays a key role
in festivities during the season of light.
For family events and children’s parties,
bright and vibrant makes sense. For more
intimate dinner gatherings, provide mod-
erate illumination as guests arrive and
then dim the house to set the tone for
great conversation.

You can find more holiday style ideas,
including video demonstrations for home
and personal fashions, at www.mid-
nightvelvet.com. Creating a glamorous
home - and making yourself sparkle -
can be one of the season's easiest, and
most enjoyable, tasks.

AVOID: Steer clear of paperwhites. Even though they are perennial, but can't be forced to flower every winter.

Gardening gifts: Try plants, tools, books and more

DECEMBER is a low point in the gar-
dening year, but a high point for giving
gifts to gardeners.

Most obvious would be a plant. Every
gardener, no matter how long they've
been gardening, gets a thrill when open-
ing a box with a plant in it.

Still, there are ho-hum plants — plants
that have their qualities but just aren't
going to elicit much excitement. Stay
away from the usual poinsettias, philo-
dendrons and dracaenas for accom-
plished gardeners.

And because the gift plant is for a gar-
dener, steer clear of throwaway plants,
such as paperwhites. Yes, paperwhites
are perennial, but can't be forced to
flower every winter.

SOME PLANTS ARE SPECIAL

The plants that most gardeners would
be thrilled to receive this time of year
(hint, hint) would be those providing win-
ter fragrance or blossoms, or both. A
good place to start looking for my gift ...
whoops, I mean some gardener's gift ...
would be a mail-order nursery specializ-
ing in such plants, or having a wide array
of houseplants. (Logee's Greenhouses,
www.logees.com, and Glasshouse Works,
www.glasshouseworks.com, for example).

Gardenia, jasmine, camellia and citrus
fit the bill for anyone with a green thumb
and a cool, bright room. Where heat,
humidity and sunlight create a more trop-
ical atmosphere, choose from such beau-
ties as bougainvillea, abutilon and alla-
manda.

A lack of sunny windows should not
present a problem. Just shift gears and
think foliage: ferns, such as the dainty
maidenhair or the eerie rabbit's-foot, with
its furry “foot” attempting escape over
the edge of the pot; or rosemary, pretty
and fragrant whether or not it flowers;
or cute baby’s-tears, always lush and
green.

GIFTS THAT ARE ALWAYS
NEEDED

Shift gears again now and move
beyond plants to expendable items:

A good pair of gardening gloves —
either soft leather, cotton with rubber-
coated palms and fingers, perhaps gloves
made of some innovative material — are
essential, and rarely last more than a
year or two.

Potting soil is an expendable gift that
you can buy or, like cupcakes, make
yourself. For homemade potting soil, mix
together equal parts peat, perlite, com-
post and garden soil, then put the mix
through some quarter-inch mesh hard-
ware cloth.

Plant labels, which could be nothing
more than Popsicle sticks or tongue
depressors, are also always needed.

One of the best expendable gift items
is twine, useful for such things as tying up
tomato, delphinium and pea plants, lay-
ing out garden rows or beds, and lashing
together bamboo stakes. Natural twines,
such as cotton, jute and hemp, are best
for gardening because they can be tossed,
along with tied plants, into the compost

pile at season's end.

GIFTS THAT LAST

Enduring gifts can be as welcome as
expendable ones. Tools are an obvious
choice, but choose carefully. Too many
gadgets end up gathering dust in the back
corner of a garage or shed.

Some gadgets that are sure to get used
include an electronic moisture probe, a
rain gauge, a compost thermometer, and
a thermometer that records minimum
and maximum as well as current tem-
peratures.

Self-watering seed flats (the APS
Starter Kit from Gardener's Supply
Company, www.gardeners.com) will free
a gardener from daily watering chores
in spring. (Watering is still needed, but
weekly, perhaps, rather than daily.)

For a decorative pot for a larger plant,
consider plastic ones that look just like
terra-cotta but dry out less readily and
stand up to weather better.

Something even bigger? A rain bar-
rel, for catching and making good use of
water from a gutter’s downspout.

AND, OF COURSE, BOOKS

The best gardening books provide both
information and inspiration, or at least a
healthy dose of one. Just as with garden
tools, don't be enticed too quickly by
what is splashy, colorful and most pro-
moted. Some of the best gardening books
were written decades ago. Step into a
used bookstore; you might find a gem
of an old gardening book there.





Newbold on successfully obtaining her
Doctorate of Management Degree in
Organisational Leadership from the University

of Phoenix.

Congratulations are extended from her lov-
ing husband, Anthony “Ace” Newbold; her
proud parents, Herman and Sylvia Rodgers;
brothers, Pedro and Ricardo; sisters, Kathrina
and Dr Nakeisha Rodgers; sister-in-law, Bon-
nivette; niece, Petra; nephew, Brian, and the
rest of her family and friends.

Dr Rodgers-Newbold, who spent 20 years as a senior
Commercial and Offshore Banker, dedicated her
Dissertation to her late grandmother, Catechist
Dorothy Woodside of Staniard Creek, Andros

(Crestotdon to Dr Barbara A Rodgers-

¢ Know a special lady who has achieved an amazing
accomplishment, let us know at
features@tribunemedia.net so she can be featured in the
next “You Go Girl” column.

No insect
left behind.



Fan {SH
epeitia ce
jOREROCK
pete













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Na atic:

Es Dae

a

3% The d’Albenas Agency Ltd.

Madeira Si., Palmdale
Nassau, BAHAMAS
Tel: 242-677-1441

UENO TAT
and crawling insects.

me Oncaea

G@Johnson

A FAMILY COMPANY

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N N A A S S S S A A U U A A N N D D B B A A H H A A M M A A I I S S L L A A N N D D S S L L E E A A D D I I N N G G N N E E W W S S P P A A P P E E R R C M Y K C M Y K V olume: 107 No.20TUESDAY, DECEMBER 14, 2010 PRICE 75 (Abaco and Grand Bahama $1.25 WEATHER CLOUDS, SHOWER HIGH 70F LOW 60F F E A T U R E S S EEWOMANSECTION S P O R T S Miss Bahamas SEESECTIONE Professional Strikers win Title By TANEKA THOMPSON Tribune Staff Reporter tthompson@tribunemedia.net FOUR Bahamian companies yesterday signed condi tional letters of intent for $15 million worth of construction contracts for Baha Mar's Commercial Village which will c reate 450 new jobs in New Providence. The contracts are a fraction of the $60 million in contracts Baha Mar will award to Bahamian contractors for work on the property's first phase. Last week the devel opers received "the most important" approval from the Bahamas Investment Authority and expect to have an amended Head of Agreement finalised with Government "before the end of the year," said Baha Mar Senior Vicepresident of External Affair Robert Sands. The developers also expect to close its $200 million loan facility with Scotia Bank some time this month. Ground-breaking on the Commercial Village should begin in mid-January 2011. Managers and engineers are expected to begin preliminary work on the core project three months after the start of the Commercial Village. However the influx of Chinese labourers almost 8,000 will be working on the project in phases are not expected until around September or October 2011 to start construction on the core component of Baha Mar. At a signing ceremony at the Sheraton yesterday, Mr Sands said: "We can confirm that we've received the Bahamas Investment Author ity's approval which is the most important approval. There's certainly another doc ument that has to be completed, which is the amended Heads of Agreement, that should be done imminently. Those documents are necessary for closing with China Exim Bank and so we are on a fast-track to make that happen before the end of this year." John F Dunn and Associates were chosen to build the new Fidelity Bank building; Osprey Developers Co Ltd will build a new Commonwealth Bank; Cavalier Con Four Bahamian firms to employ 450 for Commercial Village McCOMBO OF THE DAY N E W The Tribune THEPEOPLESPAPER BIGGESTANDBEST L ATESTNEWSONWWW.TRIBUNE242.COM www.fidelitygroup.comCall 356.7764today! Fall in love again with a Fidelity Fast Track car loan. FidelityBank FastTrack Loan Contracts signed on first Baha Mar jobs BAHAMASBIGGEST CARSFORSALE, HELPWANTED ANDREALESTATE I N S I D E SEE page nine By NOELLE NICOLLS Tribune Staff Reporter n nicolls@tribunemedia.net UNIONS representing B TC employees will a ttempt to have an injunction lifted when they appear in court today. The court order was issued last week after a successful petition by BTC,w hich claimed the unions were responsible for an illegal work stoppage. The injunction restricted the unions involved from, BTC STAFF UNIONS IN BID TO HAVE INJUNCTION LIFTED SEE page eight WEATHER WOES: Chilly temperatures and strong winds hit the capital yesterday forcing tourists and locals alike to wrap up against the cold. Today should see similar conditions. COLDWINDSINTHECAPITAL FELIPE MAJOR/TRIBUNE STAFF POLICE arrested a would-be armed robber yesterday after his unsuccess ful attempt to hold up a Kentucky Fried Chicken (KFC It was reported that a man armed with a handgun entered the Oakes Field location, jumped onto the counter and demanded cash. He held most of the employ ees at bay, however, some were able to escape from the building and at the back of the restaurant. Unable to open the locked cash registers or con trol escaped witnesses, the GUNMAN ARRES TED AFTER F AILED KFC R OBBERY ATTEMPT SEE page eight By NATARIO McKENZIE Tribune Staff Reporter nmckenzie@tribunemedia.net TWO men appeared before a magistrate yesterday charged with killing a man who allegedly won a large sum of money at a numbers house just hours before his death. Dacinson Berchant, 27, and Brandon Keith Evans, 29, both of Marsh Harbour, Abaco, are accused of murdering 36-yearold Stanley Saintville on Monday, Decem ber 6. Mr Saintville, an Abaco native, was shot to death at his home in Forest Drive, Marsh Harbour, hours after reportedly winning more than $50,000 at a local num bers house. Two charged with killing man after alleg ed n umbers win CHARGED: Brandon Keith Evans (left Dacinson Berchant. SEE page nine

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B y PAUL G TURNQUEST T ribune Staff Reporter p turnquest@tribunemedia.net T HE determining factor as to whether or not PLP leader Perry Christie will stay on for a full term if elected as the next P rime Minister will depend on his performance in the post and nothing else, former MP George Smith said yesterday. As a special guest on Island F Ms radio programme Parliament Street, Mr Christie madea complete 180 degree turn from his previously stated posit ion and said he no longer intends to quit mid-term if reelected as Prime Minister in 2012. When I said that I would leave mid-term or when it was said that I said I would leave mid-term that was perhaps a mischaracterization or misstatement on my part because I k now that people will vote for you because of what they think you will do for them. And for me to hold out the possibility, t hat I would not be fair to the p eople who would vote for me to present those programmes and policies that we will present to them in the next cam-p aign, Mr Christie said. Noting these remarks, Mr Smith reminded the former Prime Minister that no leader o f a political party is voted in as l eader by the general public. It is the national convention of either party, he said, that must decide on such a choice. There-f ore, with a number of other prospective candidates waiting in the wings of the PLPs Parliamentary caucus, Mr Smith s aid that Mr Christies perform ance will ultimately determine whether he stays on for a full term, or even be given an additional five years in office. We in political parties are in the business of winning. He cannot be judge by talking about winning. If he wins he w ill lead. If he loses, the obvio us will happen, he said. Mr Smith added that while he was one of the first persons to come out and publicly sup-p ort Mr Christie to remain as leader of the party, he also will be looking at his performance in office if the opportunity is afforded him again. However, the partys deputy l eader Philip Brave Davis had a different opinion on the matter. Speaking with The Tribune yesterday, Mr Davis said thath e did not think Mr Christies decision to now stay on in office will cause any issues within the party, or stir up any former r ivalries for the top post. From my perspective, Mr Davis said, I think Christie is sensitive to the views and thinking of the Bahamian public andh e will know when best to go. No one is going to push him out. He will decide when he wants to go, he said. By DENISE MAYCOCK T ribune Freeport Reporter dmaycock@tribunemedia.net FREEPORT In an effort t o combat crime and help victims of crime in his constituen-c y, Pineridge MP Kwasi Thompson is hosting a commun ity forum on crime prevention. Mr Thompson said crime has become a serious challenge for Bahamians everywhere. It affects the lives of every B ahamian directly or indirectly. Pineridge, unfortunately, has n ot escaped its effects, he said. The forum will be held tonight at 6.30pm at the Susan J Wallace Centre on Columbus Drive. R esidents in the Columbus Park area, Back-a-Town, SunsetS ubdivision, Freeport Ridge, Heritage, Pioneers Way area, Garden Villas and Hudson Estate are invited to attend. Speaking at the forum will be r epresentatives from the Royal Bahamas Police Force who will g ive residents tips on what they can do to protect themselves and their property. Mr Thompson said psychologist Dr Pamula Mills will alsob e in attendance to lend her expertise to help victims over-c ome their fear of crime. He said crime is everyones business. The reality is if you are not part of the solution you are part o f the problem. This is a multi-faceted chal l enge that requires an equally multi-faceted approach. It r equires those who commit crimes to have a change of heart, mind and lifestyle to stop committing the crimes. There are those who see a nd hear things and refuse to get involved, there are familym embers who know and remain quiet, and there are t hose who buy stolen goods, he said. Mr Thompson encouraged citizens in the various communities to support the police in its e fforts to fight crime. We cannot be paralysed by t he fear of crime, he said. We have also asked the c hurch to become involved. We have requested Pineridge churches to set a time in their Sunday service to pray for the community, specifically that we w ould have a crime-free Christ mas, that God would protectu s all and comfort those who are victims of crime, Mr T hompson said. C M Y K C M Y K LOCAL NEWS PAGE 2, TUESDAY, DECEMBER 14, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM MP holds community forum PERRY CHRISTIE Controversy over PLP leaders mid-term decision change

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THE prosecution is expected to close its case against FML CEO Craig Flowers and several of his employees when his trial resumes next month. Mr Flowers was back in court yesterday although his trial was unable to proceed because presiding magistrate Derrence Rolle-Davis was on circuit. Mr Flowers was charged last year with promoting a lottery and permitting his web shop to be used for the purpose of conducting a lottery after police raided FML's head office on Wulff Road. Police confiscated nearly $1 million in cash from his establishment. Mr Flowers has pleaded not guilty to the allegations. A number of his employees were arraigned on similar charges and several patrons were charged with being found on a premises where a lottery was taking place. Mr Flowers and his employees are represented by attorney Alfred Sears. Jillian Williams is the prosecutor. If convicted, the accused persons could face a fine of up to $5,000 or up to two years in prison. GUN VIOLENCE continues to plague residents and businesses in the capital the weekends toll leaving anoth-er three people in hospital. The reports come amidst an unprecedented homicide count and recent statistics that indicate that the number of gunshot victims has increased by nearly half over the same period last year. In addition to the two shootings on Friday and three armed robberies reported on Saturday, the police have released further reports of criminal activity over the weekend. The first weekend shooting occurred early Saturday morning when a man was shot in the arm while at Toote Shop Corner off East Street. The victim was approachedby two men, one of whom pulled out a handgun and fired at him. The man was taken to hospital in a private vehicle and was said to be in stable condition. The next shooting occurred early Sunday afternoon at Rupert Dean Lane. It was reported that a 23-year-old woman and 17-year-old girl were both shot in the leg following an argument between a man and a woman. They were taken to hospital by ambulance. Meanwhile, police are questioning a 30-year-old resident of Excellence Estates in connection with an armed robbery at an Asue Draw location Sunday afternoon. Three masked men, all armed with handguns and wearing black clothing, entered the establishment on Baillou Hill Road and Martin Street, and demanded cash. Money They made off with an undetermined amount of money in a silver coloured Honda Inspire. Half an hour later, police were called to another armed robbery at Alexander Boulevard, Nassau Village. It was alleged that two masked gun men stole an undetermined amount of cash from T & L Solutions, before they fled the area on foot heading west. The men were said to be armed with handguns. On Sunday evening, shortly after 7.30pm, two men were robbed by a hooded gunman while walking on Lincoln Boulevard in the area of Homestead Street. The man, who wore a dark blue hooded jacket and jeans, stole an undetermined amount of cash and jewellery before he fled the area on foot. Minutes later, police were called to a shooting of a 31year-old man in the same area. The man was outside his house at Homestead Street when a gunman wearing gray pants and a black jacket demanded cash. The victim was shot in the thigh after he told the culprit he did not have any money. The wounded man was taken to hospital by ambulance. Meanwhile in other crimerelated matters, police have identified two men who were recently killed. Police have also identified the boy who was killed in a car accident in Exuma as 17year-old Mchale Rolle. The man who was gunned down on Sunday was identified as 26-year-old Renaldo Forbes of Pinewood Gardens. Mr Forbes body was found on August Street near Tucker Corner with a bullet wound to the head. Investigators are without leads in the shooting the countrys 93rd homicide. Anyone with information that might assist in any of these investigations should immediately call police on 911 919 or call Crime Stoppers anonymously on 328TIPS (8477 C M Y K C M Y K LOCAL NEWS THE TRIBUNE TUESDAY, DECEMBER 14, 2010, PAGE 3 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Gun violence leaves three more people in hospital CRAIG FLOWERS LOTTERY TRIAL ADJOURNED INDISCUSSION: Craig Flowers and attorney Alfred Sears outside court yesterday. T i m C l a r k e / T r i b u n e s t a f f

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EDITOR, The Tribune. I read with interest that the Seat Belt law is about to be enforced and I thought Id like to make a few comments. As somebody who recognises the advantage of wearing the seat belts it's obviously about time and I thoroughly agree with this law. There appears to be some difference of opinion in reporting on this issue. The Tribune noted that on Monday, December 13th the police would be in full force handing out flyers giving notice of the law with a 10day grace period. The radio announcer implied that tickets would be immediately given out if dri vers were not in compliance. Which is it? The report noted that trucks would only require the driver and front seat passengers to wear seat belts which makes me wonder ift he police considers persons riding in the back of a pick-up are considered not in danger.I must say that its about time that there will be an enforcement for children to be in car seats. I cringe every day when I see parents with little kids in the front or rear seats sitting on parents laps which is a recipe for a disaster. Now for my fun part. Even though this law has been in effect for quite a while I have yet to see any police officers driving or riding in their cars wearing seat belts. I have yet to see any persons driving government vehicles wearing seat belts. Will the police and the government abide by this law or as is normal by the police attitude consider themselves above the law. How many times do the police break the driving rules on our roads or more proba bly dont even know those rules? On December 13th I won der if I try to make a citizens arrest of an officer not wearing his or her seat belt would I be acknowledged or end up at Central booking? A few weeks ago I was stopped by the police because one of my headlights was out. It was certainly operating when I left home. Now there were many cars passing that had other obvi ous major problems like no rear lights, parts hanging off or damaged. I guess they see somebody driving an expensive vehicle and feel they can afford the $80 ticket which I felt was not very fair. In North America a ticket is issued but if the problem is rectified within 24 hours there is no charge. In North America the police motto is to Serve and Protect. Another observation when are the police going to start controlling the bus, taxi and truck drivers that daily endan ger the other citizens on our roads? MICHAEL PATRICK Nassau, December 10, 2010. EDITOR, The Tribune. The public dialogue for BTC is long overdue, but the fact that it is taking place in a climate of economic uncer-t ainty is not helping this exchange. The overdueness of this particular privatisation exercise has been clouded by the selective disclosures of some of the information that the public should be privy to. I have my own reservations about BTC and surprisingly enough they have nothing to do with politics, although the blame for most of the missteps have to be placed at the feet of those who attempt to fool the public on a daily basis. BaTelCo has one enemy, and it is the compression factor that is caused by the passage of time and progress of technology; which has resulted in BTC being between a rock and a hard place. All of the other noises we hear have to do with the lack of preparation and planning by those who were charged with stewardship of one of the nations treasures, which up to now has only been a trea sure chest for some. What could have been a very progressive company, a major communications hub off the eastern seaboard nev er developed to the extent that it should have. It was not so long ago that BaTelCo was rolling in m oney and its revenue outstripped all the other utility companies. I know that hindsight is 20/20 but what was done by Cable Bahamas should have been carried out by a technology arm of BaTelCo. You do not have to be a genius to see that the rate at which Cable Bahamas is expanding is closely linked to the progress of technology previously mentioned. CB is a testimony, indictment, picture of what could have been done through BaTelCo. W here do we go from here? BaTelCo still has a chance to do what it is mandated to do, but it cannot be seen as a cocoon or safe place for the 1200 or so employees employed there technology will not allow it. The communications component must be seen for what it is, relentless, unforgiving, resourceful, paradigm-changing and most of all evolving, and this will become more evident when the market opens up and the protections afforded to what has been a complacent sector, removed. It has not occurred to some that we must be able to do locally what we can do abroad. The ease and efficiency that Bahamians experience in their business dealings out side of this country must be experienced in the Bahamas one way or another. There is no time for political anything, the fact that the value of BaTelCo has been reduced by almost 50 per cent during the course of this privatisation should be a wake up call for all of us who say we are concerned. Presently there are businesses and persons who do not use BaTelCo for anything not e ven local calls and as technology evolves and the compression factor increases, BaTelCo will feel the competitive crunch long before the protections it has are removed. The fact that as long as a computer is on the options on how one communicates and does business, multiplies, and for some of us landlines are already obsolete. Who was it in the Wizard of Oz that made the remark we a re not in Kansas anymore? It was a wise remark and Bahamians may have to see that remark in a global context and exercise wisdom, because technology has its own rules in this ever evolving global communications market. The socio-economic cocoons that we have allowed through political expediency will not survive as technology progresses. EDWARD HUTCHESON N assau, December 12, 2010. C M Y K C M Y K EDITORIAL/LETTERS TO THE EDITOR PAGE 4, TUESDAY, DECEMBER 14, 2010 THE TRIBUNE The Tribune Limited NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI Being Bound to Swear to The Dogmas of No Master L EON E. H. DUPUCH, Publisher/Editor 1903-1914 S IR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G., (Hon. P ublisher/Editor 1919-1972 Contributing Editor 1972-1991 EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B. P ublisher/Editor 1972Published Daily Monday to Saturday S hirley Street, P.O. Box N-3207, Nassau, Bahamas Insurance Management Building., P.O. F-485, Freeport, Grand Bahama W EBSITE www.tribune242.com updated daily at 2pm CANCUN, Mexico (AP international deal on climate, reached early Saturday after hard days of bargaining, was described by exhausted delegates as a "step forward" in grappling with global warming. I f they step too far, however, they're going to bump into an elephant in the room. T hat would be the U.S. Republican Party, and nobody at the Cancun meetings wante d to talk about the impending Republican takeover of the U.S. House of Representa-t ives. It essentially rules out any new, legally binding pact requiring the U.S. and other m ajor emitters of global warming gases to reduce their emissions. In endless hours of speeches at the annual U.N. climate conference, the U.S. political situation was hardly mentioned, despite itsc rucial role in how the world will confront what the Cancun final documents called" one of the greatest challenges of our time." Not everyone held his tongue. Seas rising f rom warming, and threatening their homes, got Pacific islanders talking. Marcus Stephen, president of Nauru, spoke despairingly of "governments dead locked because of ideological divisions." E nele Sopoaga, Tuvalu's deputy prime minister, referred to the "backward politics" ofo ne unnamed developed nation. A U.S. friend, Prime Minister Meles Z enawi of Ethiopia, told a large gathering here, "The key thing for us is not whether the American Congress is controlled by this or that party," but that richer nations help the developing world with financial support for clean energy sources, new seawalls, new water systems and other projects to tryt o stem and cope with climate change and the droughts, floods, disease and extreme w eather it portends. "Which party" does matter, however. Many Republicans dismiss scientific evidence of human-caused warming, citing arguments by sceptics that the large major i ty of scientists are wrong or that the conse quences of warming are overstated. E arly in the two-week conference here, four Republican members of the Senate E nvironment and Public Works Committee sent a letter to Secretary of State Hillary Rodham Clinton demanding a freeze on about $3 billion in planned U.S. climate aidin 2010-2011. T he senators said some findings of the U.N.'s climate change panel "were found tob e exaggerated or simply not true" and said that at a time of record U.S. budget deficits, no American taxpayer dollars should be committed to a global climate fund based o n information that is not accurate." The leader of the protest, Sen. John Barr asso of Wyoming, called the financing an "international climate change bailout." What w ill they call the long-term finance plan embraced at the Cancun conference, for $100 billion a year in U.S. and other inter national climate financing by 2020? Norwegian Prime Minister Jens Stoltenberg, who with Zenawi co-chaired a U.N. panel on climate financing, was asked how this U.S. opposition can be overcome. "I believe that many things might happen i n American politics in a period of 10 years," he replied. S uch long, wishful views have dominated the climate talks for two decades, as the U.S. r emained outside the 1997 Kyoto Protocol and the modest mandatory reductions ine missions that other industrial nations accepted. For the world to agree on a new, a ll-encompassing treaty with deeper cuts to succeed Kyoto, whose targets expire in 2012, the U.S. Congress must pass legislation to cap U.S. industrial emissions of carbon dioxide and other greenhouse gases. I don't think that's going to happen right away," Todd Stern, chief U.S. negotiator,s aid with understatement here early Saturday. I nstead, the Cancun talks, waiting for another day, focused on small steps on climate: some advances in establishing a system to compensate developing nations for pro tecting their forests, for example, and in sett ing up a global clearinghouse for "green" technology for developing nations. C ancun's chief accomplishment was to decide to create, with details to come, a G reen Climate Fund that will handle those expected tens of billions of dollars in climate support. This slowly-slowly approach began at the climate summit in Copenhagen, Denmark, l ast year, when the U.S., China, other big emitters and some small ones pledged toc arry out voluntary reductions in emissions. Some say this will be the way global w arming will be addressed, not with "topdown," legally binding treaties, but with selfassigned targets, bilateral deals to help create low-carbon economies, aspirational goals set by G-20 summits. If the world busies i tself with such voluntary activities, this thinking goes, it may all add up to climate p rotection. But scientists do numbers better than p oliticians. And the latest U.N. scientific calculation shows that the current emissionsreduction pledges, even if all are fulfilled, will barely get the world halfway to keeping temperatures rising to dangerous levels. The U .S. pledge based on executive, not congressional action is for a mere 3 per centr eduction of emissions below 1990 levels. If too little is done, the U.N. science net w ork foresees temperatures rising by up to 6.4 degrees Celsius (11.5 degrees F I n a timely reminder of what's at stake, NASA reported last week that the JanuaryN ovember 2010 period was the warmest globally in the 131-year record. A t that rate, climate will become the ele phant no one can ignore. (This article was written by Charles J. Hanley, AP special correspondent). BTC between a rock and a hard place LETTERS letters@tribunemedia.net On climate, the elephant thats ignored Some comments on seat belt law

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W ITH the homicide rate for the year at a unprecedented 93, police continue t o seek the publics assistance in solving murder case s. P olice are searching for two men from Dolphin Driv e in Nassau who are wanted for questioning in connection with separate mur der investigations. The suspects are 28-yearold Sorvino Rahming and 19-year-old Clarence Smith. R ahming is described as b eing of medium brown complexion, 5 tall and w eighing around 160lbs w ith a medium build. S mith is described as being of dark brown complexion, 5 tall, weighinga round 140lbs with a slim build. Both men should be considered armed and extremely dangerous, p olice say. Persons with any information regarding the w hereabouts of these men are asked to contact the p olice emergency line at 9 19/911; CDU at 5029930/9991; the police cont rol room at 322-3333; Crime Stoppers at 3288477, or the nearest police station. A VOLUNTARY Bill o f Indictment was presented yesterday in the case of four men charged in Feb ruary's home invasion and s hoot-out in Coral Harbour. Brothers Derek and Jermaine Stuart, 37; Kelvin Cooper, 35; and Jeffrey Wilson, 55, have been charged in connection with the incident. T he men are accused of c onspiring to commit the armed robbery of Georgette Butler on Thursday, February 18. They are also charged with breaking into Ms Butler's home and, while armed with a handgun, robbing her of $30,000 worth o f assorted jewellery, $1,650 cash and a Dell laptop computer valued at $1,900. The men were initially arraignedo n the charges in May and are on bail. They are represented by attorneys Geoffrey Farquharson and Murrio Ducille. Appearing before Chief Magistrate Roger Gomez y esterday, prosecutor Sandra Dee Gardiner presented the Voluntary Bill of Indictment, meaning thatt he matter will be fasttracked to the Supreme Court. The men were informed they have to appear before Senior Justice Jon Isaacs on January 14. C M Y K C M Y K LOCAL NEWS T HE TRIBUNE TUESDAY, DECEMBER 14, 2010, PAGE 5 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM By DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net FREEPORT A 25-year-old Eight M ile Rock man was charged with raping a 69-year-old woman in her home over the weekend. Eric Strachan, a resident of Andros T own, EMR, appeared before Magis trate Gwen Claude. It is alleged that on December 10, he r aped a female resident of Andros Town. He was not required to enter a plea to the charge. Strachan was remanded to Her M ajestys Prison until March 31, 2011 when a preliminary inquiry will be held to determine if there is sufficient evi d ence for him to stand trial in the Supreme Court. By NOELLE NICOLLS Tribune Staff Reporter nnicolls@tribunemedia.net THECourt of Appeal yesterday overturned a ruling its new president Anita Allen made while serving a justice of the Supreme Court. Atisha Tinker and Omar McPhee were originally successful in an action against the Royal Bahamas Police Force in which they claimed unlawful imprisonment and malicious prosecution. They had also claimed defamation, but this was dismissed by Justice Allen because it was statute barred. The police appealed Justices Allens judgement and receiveda favourable judgement from the Court of Appeal last month. Tinker and McPhee were arrested and charged in 2004 in relation to several vehicles that were broken into downtown. Tinker and McPhee were exonerated, and then initiated their case against the police. Upon reexamining on the evidence presented at the trial, the Court of Appeal ruled there was a grave error in the judgement of Justice Allen. Despite the failed prosecution, the Court of Appeal ruled, the officers must be taken to have had an honest belief in the guilt of the respondents having regard to all the prevailing circumstances. The circumstances of the original arrest were outlined in the ruling. In reviewing the evidence, the learned judge found that the second respondent McPHee admitted under cross-examina tion that there was a car with broken glass nearby. The judge also made a finding that McPhee admitted that the police officers found an extra ash tray and a CD player under the drivers seat. Additionally, both McPhee and Tinker were discovered in the vicinity of a vehicle that was recently broken into. Those matters when taken together were sufficient to evoke reasonable suspicion in the mind of the ordinarily prudent and cautious man, let alone a police officer, stated the judgement. There was additional evidence to the effect that: one of the passengers had a screw-driver in his back pocket; the vehicle which was broken into had its ashtray and CD missing; two confession statements were given by one of the passengers in the vehicles to the effect that the respondents were part of a car theft ring, and they worked as a team, breaking into vehicles at numerous locations on the island including vehicles at the scene where they were arrested. A search warrant was executed at the home of the respondents who lived together and several stolen items were retrieved, it stated. The unlawful imprisonment and malicious prosecution claim must be based on whether the police officer at the time he made the arrest honestly and reasonably believed in his case, the judgement said. The Court of Appeal justices said there was ample evidence for the police to have honestly and reasonably believed that an offence had been committed. THE ESPN sponsored Nassau/Royal Caribbean Fun Run in Paradise which was scheduled to take place yesterday morning was cancelled due to weather conditions. Over 100 passengers of the Royal Caribbean ship Allure of the Seas including several celebrities in the world of competitive running were expected to take part in the cruise lines 5k Fun Run Race. The Nassau race was to be part of the inaugural Royal 5K St Maarten Lifestyle, Running and Fit ness Show which will air January 27 and 28 on the ESPN Caribbean Networks. However, high seas and windy conditions prevented the Allure of the Seas from docking in Nassau. Organisers are still awaiting word as to whether the cruise ship will call on Nassau at the end of the voyage. ASSAU/ROYAL CARIBBEAN FUN RUN CANCELLED DUE TO WEATHER CONDITIONS VOLUNTARY BILL OF INDICTMENT PRESENTED IN COURT Court of Appeal overturns ruling made by Anita Allen CHARGED: Eric Strachan is pictured outside of court yesterday. MAN CHARGED WITH RAPING 69-YEAR-OLD WOMAN Two men wanted in connection with murder cases CLARENCESMITH and SORVINORAHMING

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O RLANDO, Fla. DISNEYCruise Line has added a third ship to its fleet, according to A ssociated Press. D isney officials took delivery of the Disney Dream on Thursday at a German shipyard where it's been under construction for nearly two years. I t will be bound for Port Canaveral this week and a maiden voyage for paying customers on Jan. 26. T he Disney Dream is s cheduled to sail three-, fourand five-night cruises to the Bahamas, from Port Canaveral. T o make room, the company is sending the Disney Wonder from P ort Canaveral to Los A ngeles. I t's the first of two new s hips to join the Disney fleet, with the Disney F antasy set to debut in A pril 2012. T he 4000-passenger Dream is the first news hip in the line since 1 999. C M Y K C M Y K LOCAL NEWS PAGE 6, TUESDAY, DECEMBER 14, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM THE National Insurance Board (NIB is forging ahead with the second component of the National Prescription Drug Plan, the Healthy People Programme. According to NIB officials, this programme aims to develop and entrench a culture of wellness in the population by partnering with local organisations to implement wellness programmes in the community. At a recent meeting, both public and private organisations in the field of health and wellness were briefed on the programmes objectives and encouraged to submit proposals to NIB. Algernon Cargill, director of NIB, said the Healthy People Programme will focus on providing financial grants to qualified organisations for well-conceived, innovative community projects and programmes aimed at enhancing knowledge of health risks and personal responsibility for wellness. We at NIB are launching this programme because we are fully aware, as Im sure you are, that the already heavy burden of chronic non-communicable dis eases in the population affecting one in three Bahamians or almost one person in every household must be contained or rolled back. This burden is manifest in the large number of premature deaths and disability among the population; the many days of hospitalisation and many cases requiring surgical interventions; in the losses experienced at workplaces in terms of number of days of work lost due to illness; and in the large expenses incurred by individuals, families, business firms and government in coping with the burden of illness in society. We are also aware, as Im sure you are, that many of these diseases, either in terms of the onset, inten-s ity or duration, can be avoided, Mr Cargill said. While inviting organisations to submit proposals and partner with NIB and the Ministry of Health in sustainable health promoting activities, Mr Cargill empha sised that the grants will not be easy money or free money. (The money had to bargain long and hard for it and we have to account for it. We have to makes ure it is well-spent, Mr Cargill said. Activities Dr Stanley Lalta, project manager for the National Prescription Drug Plan, outlined the scope of activities that the Healthy People Progamme will target through partnerships with community organisations. In the first round we want to focus on diet and nutrition, obesity control, physi cal activity and fitness, self-management materials and tool kits for dealing with chronic diseases, health education materials, research and publication, training and capacity building and then screening, patient drug adherence management and school health based activities, he said. Later on as resources permit he said the programme would focus on other factors which cause poor health and impact life expectancy such as injury and violence prevention, mental health, oral health, occupational health and safety, food safety, medical product safety, responsible sexual behaviour, disability and related conditions. Elaborating on the types of projects the Health People Programme is likely to fund Dr Lalta said NIB will consider traditional projects, for example, screenings,production of health education materials, health fairs and exhibitions, school and workplace wellness initiatives, and more. Proposals will be assessed three times a year by a management committee of NIB and Ministry of Health representatives who will make recommendations for the NIB directors sign-off. Chosen projects will be implemented with ongoing monitoring by the commit tee. Projects may be terminated and all or some funds recalled for failure to com plete in a timely manner and 10 per cent of funds will be withheld until satisfactory completion of a project. The management committee will next meet to review proposals on January 9, 2011. MANAGEMENT and staff of the Grand Bahama Port Authority (GBPA began the holiday season with a corporate prayer and thanksgiving service this past Sunday with Pastor Cedric Beckles and the members of the Life Community Church. In keeping with the Angels of Hope theme being promoted by GBPA throughout the Christmas season, group vice-president Ginger Moxey encouraged employees as well as the wider community to be mindful of the needs of the less fortunate. We at the GBPA would like to encourage our employees and the wider community to take a moment this holiday season and become an angel of hope to someone you know may be in need. We can each resolve to be angels of hope whether its purchasing some additional grocery items when you visit the store or by preparing additional spaces at your table when you sit today for Sunday dinner, she said. Mrs Moxey said she hopes there will be random acts of kindness carried out throughout Grand Bahama communities. I believe that no act of kindness, no matter how small, ever goes unnoticed. We can all attest to the fact that simple gestures as these can have a significant impact in the heart and life of someone in need. I also believe that in doing so we lay a better foundation to build better communities, a unified nation and a brighter future for generations to come, she said. So it is my wish that in doing acts of kindness in giving hope to others in your own unique way, being and angel of hope will express the true meaning of Christmas, not only in this holiday season but during every day of the New Year. Mrs Moxey added that we should all count our many blessings. It is a pleasure to be here worshipping with the leaders and members of Life Community Church and thank you for extending such a warm and friend ly welcome to our GBPA family as we close out the 2010 year with this corpo rate prayer and thanksgiving service, she said. Thanking GBPA employees for their support, Mrs Moxey said: I see your support as a symbol of uni ty and hope for the future as we prepare for the new business year. Piggy-backing on the Angels of Hope theme, Pastor Cedric Beckles, Life Community Churchs founder, told his congrega tion that there is hope even in the midst of failure. GBPA ON ANGELS OF HOPE MISSION SHARING GBPAs MESSAGE OF HOPE Group vice-president Ginger Moxey encourages employees as well as the wider community to be mindful of the less fortunate during these challenging economic times. New Disney cruise ship to visit Bahamas NIB invites proposals for Healthy People Programme BRIEFING ALGERNON Cargill, Director of NIB, and Dr Stanley Lalta briefed public and private health and welln ess organisations of the Healthy People Component of the National Prescription Drug Plan.

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THE Bahamas National Youth Choir will ring in the h oliday season with its second annual Christmas Concert tonight at Trinity Methodist Church on Frederick Street. Featuring popular carols and classical pieces for the season, the concert begins at 8pm. There is no admission charge, however a collection w ill be taken for the benefit of the choir. The programme will include mostly popular carols like Twelve Days of Christmas, Little Town of Bethlehem, Silent Night and Deck The Halls. There will also be a few class ical pieces such as Ave Maria and the Gloria from the Coronation Mass by Mozart. The evening will conclude with the Nigerian carol Betelehemu which will be performed with drums and other percussion instruments. T he featured soloists are Lyndin Sands (oboist Royal Bahamas Police Force Band, and Brandon Roberts (tenor choir. During 2010, the Bahamas National Youth Choir cele-b rated the 20th anniversary of its re-establishment (it was a ctually established in 1983 for the tenth anniversary of Bahamian Independence.) In celebration of this milestone a number of events were held. An exhibition of phot ographs and other materials was held at the Central Bank A rt Gallery in February, followed by the choirs 20th Annual Concert Season at the Dundas Centre for the Performing Arts in March. The choir held a Choral Service of Thanksgiving and Holy Communion at St Matthews Parish in May, followed imme diately by a luncheon at Super Clubs Breezes. During July, the choir toured Italy and performed at Saint Peter's Basilica in Vatican City. In October, the choir pre sented Jamaican pianist Dr Paul Shaw in a recital that featured a work written by the choir's founder and director Cleophas Adderley. The piece entitled Variations on a Theme by E Clement Bethel was describedb y Dr Shaw as a masterpiece. The choirs 20th anniversary c elebrations concluded with a joint concert with the Nazareth College Chamber Orchestra from Rochester, New York directed by Nancy Strelau. When asked why the Bahamas National Choir decid-e d to present a Christmas concert, Mr Adderley said: The choir has performed for the Rotary Club's Night of Christmas Music for 21 consecutive Christmases and additionally we have presented a number of private performances of Christmas music. Since we were putting in the hard work anyway, I thought that it would be a good idea to present a Christmas performance that the general public can attend, and we are subsidised by the Bahamas government to perform free of charge as our gift and expression of gratitude to the Bahamian people. C M Y K C M Y K LOCAL NEWS T HE TRIBUNE TUESDAY, DECEMBER 14, 2010, PAGE 7 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Bahamas National Youth Choir set for annual Christmas Concert

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C M Y K C M Y K LOCAL NEWS PAGE 8, TUESDAY, DECEMBER 14, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM g unman was reported to have fled the fast food restaurant on foot where he was sighted by police officers on patrol in the area and further identified by residents. The man, who was said to be a Malcolm Road resident, was arrested on HutchesonStreet when police recovered an illegal f irearm and ammunition. S uperintendent Stephen Dean, head of the Crime Prevention unit, accredited the culprits timely capture to the increased patrol efforts in the capital. inducing employees of BTC to break their respective contracts of employment by taking part in any unlawful industrial action against BTC. B ernard Evans, president of the Bahamas Communications and Public Officers Union (BCPOUp roceedings have caused the unions to waste time in the continuing privatisation dispute. We did not do anything illegal. They said that we restrained the workers from going to work; that we held our workers hostage. Nothing can be further from the truth. Our lawyers and our team are ready, said Mr Evans. The unions and BTC may be locked in another court battle, as attorneys from the BCPOU and the Bahamas Communications and Public Managerial Union (BCPMU against BTC for illegal lock out, contrary to Section 74 of the Industrial Rela tions Act, according to Mr Evans. In the meantime, BCPOU and BCPMU executives participated in a strategy meeting with the Trade Union Congress (TUCT rade Unions (NCTU Dr Tyrone Morris, TUC general secretary, confirmed the TUC was havings ome discussions with the BTC unions, and one of the topics of discussion was the suggestion of a general strike. Although there has been talk of a poss ible general strike, Mr Evans said the unions have not called for such action as yet. He said if that were necessary, the BTC unions were more than confident they would have the support of the other unions. We were meeting and strategising on how the labour movement jointly will move forward, not only on the BTC mat ter, but other outstanding matters, said Mr Evans. Our plans are progressing very well. We have the support, but we want to make sure it is done correctly and properly. There is no rush to do it. This is a golden opportunity for the movement. In conference we will continue to unify our organisations and our resources, he said. The unequivocal intent of the BTC unions is to have the government change its position on Cable and Wireless( C&W), said Mr Evans. The unions position is this. We do not support C&W as a 51 per cent part-n er. We do not support their strategy, because their overall strategy is about job reduction, he said. A s for the meeting with C&W chief executive officer David Shaw last week, Mr Evans said there was no scheduled meeting, so there was no no show. He said C&W executives set a time and date for a meeting with no consultation, like we were going to drop everything. They did not have any discussion with us. They came demanding they wanted to meet with us at a time and place that they set. They thought we would drop whatever we were doing and conform, said Mr Evans. The union was unable to attend the meeting, because it already had a mass rally scheduled for that time. Since then, he said, C&W sent a letter of invitation to the BTC unions inviting them to suggest a time for a meeting. BTC staff unions in bid to ha v e injunction lifted FROM page one GUNMAN ARRESTED AFTER FAILED KFC ROBBERY ATTEMPT FROM page one ABOVE: This firearm and ammunition was recovered by the police. T OP: A n armed officer next to the police vehicle where the suspect was held after his arrest. R IGHT: P olice search for a firearm in the area. Felip Major /Tribune staff

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W ASHINGTON PRESIDENT BARACK OBAMA'S historic health c are overhaul hit its first major legal roadblock Monday, thrown into doubt by a federal judge's declaration that the heart of the sweeping legislation is unconstitu tional. The decision handed Republican foes ammunition for their repeal effort next year as the law heads for almost certain eventual judgment by the U.S. Supreme Court, according to Associ ated Press. The ruling by U.S. District Judge Henry E. Hudson, a Republican appointee in Richmond, Va., marked the first successful court chal lenge to any portion of the new law, following two earli-er rulings in its favor by Democratic-appointed judges. The law's central requirement for nearly all Americans to carry insurance is unconstitutional, well beyond Congress' power to mandate, Hudson ruled, agreeing with the argument of Virginia's Republican attorney general and many of the GOP lawmakers who will take control of the U.S. House in January. Hudson denied Virginia's request to strike down the law in its entirety or block it from being imple mented while his ruling is appealed by the Obama administration. "An individual's personal decision to purchase or decline to purchase health insurance from a private provider is beyond the his torical reach of the Commerce Clause," said Hudson, a 2002 appointee of Presi dent George W. Bush. Nevertheless, the White House predicted it would prevail in the Supreme Court, although it may be a year or two before the health care law gets there. The next step for the Virginia lawsuit is the 4th U.S. Circuit Court of Appeals in Richmond, w here Democratic-appointed j udges hold a majority. In an interview with tele vision station WFLA in T ampa, Fla., on Monday, Obama emphasized that other judges had either found the law constitutional or dismissed lawsuits against it. "Keep in mind this is one ruling by one federal district court. We've already had two federal district courts that have ruled that this is definitely constitutional," Obama said. "You've got one judge who disagreed. That's the nature of these things." But in the short term, the latest court ruling hands potent ammunition to GOP opponents as they prepare to assert control in the new Congress with promises to repeal the law. Obama in turn has promised to veto any repeal legislation and appears likely to be able to p revail since Democrats r etain control of the Senate. Republicans also have dis cussed trying to starve the l aw of funding. Whatever the eventual outcome, Monday's ruling could create uncertainty around the administration's efforts to gradually put into effect the landmark legisla tion extending health coverage to 32 million uninsured Americans. And it can only increase the public's skepticism, which has not significantly receded in the months since the law's enactment, defying Obama's prediction that it would become more popular as the public got to know it. Obama aides said imple mentation would not be affected, noting that the individual insurance requirement and other major portions of the legislation don't take effect until 2014. C M Y K C M Y K LOCAL NEWS T HE TRIBUNE TUESDAY, DECEMBER 14, 2010, PAGE 9 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM struction Co will build the new Scotia Bank; and CGT Construction will build a new police and fire station. Construction on each of these buildings is expected to take 10 months. T his will create 300 direct jobs and 150 indirect jobs to mostly Bahamian workers. The four companies chosen will sub-contract work to smaller construction companies many of whom have already been identified. Mr Sands said the compan ies chosen for the Commercial Village phase will be encouraged to have apprenticeship programmes for labourers. "We anticipate to be encouraging all the Bahamian contractors who support this event to have some ele ment of training for apprentices, for entry level persons,"he said. A controversial aspect of the development is the amount of Chinese labour included in the construction. These foreign labourers are not expected to start work until late 2011 when construction of the core component of the resort begins, said Baha Mar President Don Robinson. "It would be well into next year when they actually start (on the Commercial Village is complete, once (theBay Street is built, the Corridor Seven roads built that then frees up the existing siteso we can begin the core con s truction, at that point they will begin in their works. Tom Dunlap, executive vice-president of development and construction at Baha Mar, added: "The actual construc tion within that core area will be at a minimum of about 10 months from the start of these works, maybe a little bit before that, but it will come in stages, but the first phase w ill be the management per sonnel and engineering." Next week, another round of Commercial Village contracts will be announced, expected to be for West Bay Street road works needed to accommodate the project. Nine months from the start of construction work is when the new roadway is expected to be completed. Larry Treco, of CGT Contractors and Development, Richard Wilson of Cavalier Construction, Thomas White house of Osprey Development and John Dunn, of John Dunn& Associates, were all present yesterday. The project's architect Brent Creary was also at the signing. He was pronounced dead at the scene by the local doctor. Berchant and Evans have also been charged with the attempted murders of Mr Saintvilles girlfriend Adeline Louissainta nd their one-year-old baby girl, Naetrelle L ouissaint. Both were shot in the head and are said to be recovering in hospital. It is also alleged the pair conspired to rob M r Saintville and robbed Ms Louissaint of $270. The men were not required to enter a plea to the charges during their arraignment before Chief Magistrate Roger Gomez in Court One, Bank Lane, Nassau, yesterday. Sir Arlington Butler, Evans attorney, informed the court his client was concerned t hat people connected to Mr Saintville might b e in prison. H e also claimed his client had been brutalised by police in Abaco. A lex Morley, Berchants attorney, said h is client also alleged he had been beaten by police while at the Marsh Harbour Police Station. Chief Magistrate Gomez ordered they be s een by a doctor at the prison. Both men are expected back in court on December 5 for a fixture hearing. Two charged with killing man after alleged numbers win FROM page one Contracts signed on first Baha Mar jobs F ROM page one B AHAMIAN COMPANIES s igned conditional letters o f intent yesterday for the Baha Mar projects Commercial Village. Legal setbac k f or Obama s o verhaul of health care

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C M Y K C M Y K INTERNATIONAL NEWS PAGE 10, TUESDAY, DECEMBER 14, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM KIEV, Ukraine W ANTa better understanding of the world's worst nuclear disaster? Come tour the Chernobyl nuclear power plant. Beginning next year, Ukraine plans to open upt he sealed zone around the Chernobyl reactor to visitors who wish to learn more about the tragedy that occurred nearly a quarter of a century ago, the Emergency Situations M inistry said Monday, according to Associated Press. Chernobyl's reactor No. 4 exploded on April 26, 1986, spewing radiation over a large swath of northern Europe. Hundreds of thousands of p eople were resettled from areas contaminated w ith radiation fallout in U kraine, Belarus and Russia. Related health p roblems still persist. The so-called exclusion zone, a highly contaminated area within a 30-mile (48-kilometer t he exploded reactor, was evacuated and sealed off i n the aftermath of the e xplosion. All visits were prohibited. Today, about 2,500 e mployees maintain the r emains of the now-closed nuclear plant, working in shifts to minimize theire xposure to radiation. Several hundred evacuees have returned to their vil-l ages in the area despite a g overnment ban. A few f irms now offer tours to the restricted area, but t he government says those tours are illegal and their safety is not guaranteed. E mergency Situations Ministry spokeswoman Yulia Yershova said e xperts are developing travel routes that will be both medically safe and informative for Ukraini a ns as well as foreign visi tors. She did not give an exact date when the tours w ere expected to begin. "There are things to see there if one follows theo fficial route and doesn't stray away from the group," Yershova told The Associated Press." Though it is a very sad story." The United Nations D evelopment Program chief Helen Clark toured the Chernobyl plant together with Baloha onS unday and said she supported the plan because it could help raise moneya nd tell an important les son about nuclear safety. "Personally I think t here is an opportunity to tell a story here and of course the process of telling a story, even a sad story, is something that is positive in economic terms and positive in conveying very important messages," said Clark, according to her office. The ministry also said Monday it hopes to finish building a new safer shell for the exploded reactor by 2015. The new shelter will cover the original ironand-concrete structure hastily built over the reac tor that has been leaking radiation, cracking and threatening to collapse. The new shell is 345 feet (105 meters feet (260 meters and 490 feet (150 meters long. It weighs 20,000 tons and will be slid over the old shelter using rail tracks. The new structure will be big enough to house the Notre Dame Cathe dral in Paris or the Stat ue of Liberty in New York. The overall cost of project, financed by international donors, has risenfrom $505 million to $1.15 billion because of stricter safety requirements, according to Ukrainian officials. The European Bank for Reconstruction and Development, which man ages the project, said a final estimate of the pro ject's cost will be released after the French-led con sortium Novarka finalizes a construction plan in the next few months. UKRAINE TO OPEN C HERNOBYL AREA TO TOURISTS W AKEFIELD, Quebec U.S. SECRETARYof State Hillary Rodham Clinton and the foreign minister of Canada on Monday urged Haiti's government to work harder on their country's daunting problems, a ccording to Associated Press. Their comments came following a disputed presidential election late last month, which was held following a devastating earthquake and cholera epidemic. We understand that the governm ent itself was badly damaged, individuals were traumatized, but there has to be a greater effort and there has to be a more focused approach toward problem solving," Clinton saidi n a news conference. Clinton, Canadian Foreign Minister Lawrence Cannon and Mexican F oreign Secretary Patricia Espinosa g athered in this small Quebec town n ear Ottawa to prepare for a meeti ng of their three heads of state early n ext year. During the summit, President Barack Obama and the his count erparts are expected to try to work m ore closely on trade and security. B ut Haiti appeared to dominate the d iscussion Monday. Thousands were unable to vote in the Nov. 28 elect ion, which was widely criticized. Both the U.N. and the Organization of American States confirmed reports ofe lectoral violence, voter intimidation and ballot-box stuffing although b oth organizations said the vote was still valid. Clinton said Haiti's leaders should heed the warning of U.S. Sen. Patrick Leahy, a Vermont Democrat whoo versees aid appropriations for the Carribean nation. Last week Leahy called a suspension of aid for Haiti'sg overnment and visas for officials and their families until the crisis is resolved. "Senator Leahy, who is a strong s upporter of American foreign aid and humanitarian relief assistance, is expressing a growing frustration that y ou will find not only in our Congress b ut in our government and the Ameri can people that as we are approaching the one year anniversary of the Haiti an earthquake there hasn't been the kind of coordinated, coherent response from the government ofH aiti that's called for," Clinton said. This is a very strong signal that we e xpect more and we are looking for more." Clinton said the Obama administration is still trying to resolve many of the questions raised by the election but added it doesn't want to punish t he people of Haiti because of a flawed vote. She said all the challenges in Haiti a re quite serious and taken together a re "almost overwhelming." C annon said Haitian leaders must fulfill their obligations to democracy a nd show respect for the electoral process. He said Haiti remains a "grave concern." The international community cann ot do everything in Haiti. It's e xtremely important that the government of Haiti and the people of Haiti assume their responsibilities and ensure that democracy in Haiti continues," Cannon said. Clinton, Cannon and Espinosa also t alked about trade, regional security and fighting transnational crime. A joint statement discussed setting u p a North America-Central America d ialogue "to strengthen regional coope ration and efforts against transnational criminal organizations." A s Colombia and Mexico ramp up anti-narcotics efforts, there are rising fears that crime linked to drug traf f icking will spill over into neighboring c ountries. V iolence in small countries like Guatemala has skyrocketed as drug cartels, squeezed by police and military action at home, move their operations. Hillary Clinton says she expects more from Haiti HAITICONCERNS: Secretary of State Hillary Rodham Clinton speaks during a media availability following the North American Foreign Ministers Meeting inW akefield, Quebec, Canada, Monday. (AP LONDON AT HIS local mosque in England, Taimour Abdulwahab alarmed elders with his extreme views on Islam. On the Internet, he posted videos of Chechen fighters and abused Iraqi prisoners, according to Associated Press. On Saturday, officials say, he died in a failed suicide bombing in Stockholm. Authorities are now trying to learn when he was radicalized, whether he had accomplices and how a man whose radical views were displayed both online and in person escaped official notice. Swedish prosecutor Tomas Lindstrand said Monday that authorities are certain the sui cide bomber who terrified preChristmas shoppers was Abdul wahab, an Iraq-born Swede who spent much of the past decade in Britain. He said Abdulwahab was completely unknown to Swedish security police before the blasts, which killed the bomber and injured two others. Lindstrand said officials would look into why he was not on their radar, but pointed out "that he didn't live in Sweden, he lived in the U.K., he left Sweden maybe 10 years ago." He also said Swedish security was not "a Stasi organization" engaged in analyzing people's Facebook pages. Sweden's Department of Justice said that a team of FBI bomb experts had been dispatched to the Nordic nation to help analyze the explosives. A British official who spoke to AP on condition of anonymi ty because of the sensitivity of his work would not comment on whether Abdulwahab had been on the radar as a suspected terrorist. But he said all threats stemming from contro versial cartoons of the Prophet Muhammad cited by the sus pect as a motive for the attack were being closely investigated. Lars Vilks, whose 2007 depiction of the Prophet Muhammad has drawn regular threats from extremists, told The Associated Press he was shocked that suicide bombings have come to Sweden. "It's a little unreal that we have such a case here," he said, adding that police had increased their presence outside his home following the botched attack. Law enforcement and intelli gence agents are now poring over Abdulwahab's Facebook page, along with his profile from a Muslim dating website, for clues to his mindset and move ments. According to information on the dating website muslima.com where Abdulwahab posted a profile saying he was looking for a second wife he was born in Baghdad and moved to Sweden as a child in 1992. In 2001 he moved to Britain to study at the University of Bedfordshire in Luton, near Lon don. The university confirmed that a student with his name and Swedish nationality graduated with a degree in sports therapy in 2004. What he did next is not clear, but by late 2006 or early 2007 he began attending the Luton Islamic Center, a local mosque. Its secretary, Farasat Latif, said the newcomer was "very friend ly, bubbly he was well liked." But soon Abdulwahab began making extremist statements focused on "suicide bombings, pronouncing Muslim leaders to be disbelievers, denouncing Muslim governments." Mosque officials confronted him about the statements, but Latif said the radicalism con tinued. "One day during morning prayers in the month of Ramadan there were about 100 people there the chairman of the mosque stood up and exposed him, warning against terrorism, suicide bombings and so on. He knew it was directed at him. He stormed out of the mosque and was never seen again," Latif said. He said despite Abdulwa hab's extreme views "nothing pointed to the fact that he was going to do something stupid." In an audio message he apparently recorded before the attack sent to the Swedish security service and the TT news agency he apologized to his family for misleading them, saying "I never went to the Middle East to work or to make money, I went for jihad." Authorities are still investigating whether he acted alone or had ties to al-Qaida or other groups. On Sunday, the al-Qaida affiliated Shumokh al-Islam website posted a message calling Abdulwahab a "brother" and quoting a prayer saying "God let me die as you are sat isfied with me." Lindstrand, the Swedish prosecutor, said it appeared Abdul wahab was alone in executing the blasts, but could have been assisted by someone else in their preparation. He said that despite its apparent failure, the bombing appeared to be wellplanned. Abdulwahab's Facebook profile shows a man interested in both modern technology and radical Islam, whose "likes" included both "the Islamic Caliphate state" and the Apple iPad. He had posted comments against Shiites, whom Sunni Muslims consider heretics, as well as a link to a video showing a dying man, maybe injured in Chechnya, praying to God to die as a martyr. By this year, he was back in Luton, living with his wife and three young children in a semidetached house on a quiet street. Police stood guard outside the house Monday follow ing a raid by counter-terrorist officers. Police said they had not found any hazardous materials or made any arrests. Neighbors said he appeared friendly but reserved. "This individual didn't have any contact with people," said Massood Akhtar, 58. The bombings have brought more unwelcome attention to Luton, an English town of 200,000 with a large Muslim population and an unwanted media reputation as an extrem ist crucible. There have been several terrorism arrests in the town in recent years. On July 7, 2005, four bombers gathered there before taking a train to London and blowing themselves up on the transit system. Last year, Luton was the site of a small but widely covered protest in which a handful of Islamists picketed a homecoming parade for British soldiers returning from Iraq, holding up signs accusing the men of being "butchers" and "baby-killers." It also has been targeted for demonstrations by the English Defense League, a far-right group that claims to oppose Islamic extremism, but which is accused by opponents of being racist. The case will also focus attention once again on whether British universities are doing enough to combat Islamic extremism among students. Umar Farouk Abdulmutallab, who tried to blow up a Detroitbound airliner with explosives hidden in his underwear, also studied in Britain. Wherever he was radicalized, Abdulwahab's justification for the Stockholm attack focused largely on Swedish issues. The audio file sent shortly before the blast from his cell phone referred to Sweden's mil itary presence in Afghanistan and an image by a Swedish artist that depicted the Prophet Muhammad as a dog, enraging many Muslims. A man's voice on the recording says because of Sweden's silence toward all this, "so will your children, daughters, brothers and sisters die, like our brothers, sister and children die." The attack has shocked Swedes, who cherish their coun try's image as an open, tolerant society. But it could have been far worse. A uthorities seek clues to Stockholm attacker in UK POLICE OFFICERS stand guard as unidentified officers enter the house which was searched by British police in Luton, England, Monday. A Swedish prosecutor says police are "98 percent" certain the Stockholm suicide bomber is 28-year-old Taimour Abdulwahab who is a Swedish citizen but also lived several years in Britain. Prosecutor Tomas Lindstrand Monday said Abdulwahab has his roots in the Middle East and has been a Swedish citizen since 1992. Lindstrand said Abdulwahab was also the registered owner of the car that exploded in Stockholm shortly before the suicide blast Saturday. (AP

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C M Y K C M Y K SECTIONB business@tribunemedia.net TUESDAY, DECEMBER 14, 2010 THETRIBUNE $4. 68 $4. 51 $4. 69The information contained is from a third p arty and The Tribune can not be held responsible for errors and/or omission from the daily report.$ $4.30 $4.45 $4.34 rr(+(%,'% &'&"!'"!'*"&##%" ', #%"'"%')&&&&b t&& "!&'(&"(!&#""!' '! !'*''%"" '$(%'&) ,"%," ', $!nt"nrtbf" r By NEIL HARTNELL Tribune Business Editor Freeport-manufactured products must attract the same tariffs as rival foreignproduced ones under World Trade Organisation (WTO rules before they can enter other Bahamian islands, this nations chief trade negotiator said yesterday, adding that the Bahamas can really take advantage of the Port areas special status under a rulesbased trading regime. Raymond Winder, Deloitte & Touche (Bahamas aging partner and the T ARIFF EQU ALIT Y UNDER W T O F OR FREEPOR T FIRMS Bahamas chief negotiator warns that Freeportmanufactured products must attract the same tariffs as rival foreign-produced ones before they can enter other Bahamian islands* Says Freeport can exist under rules-based trading regime, but Bahamas will have to implement proper controls to ensure compliance* WTO membership could help Bahamas really take advantage of Freeport by providing protection against trade barriers being imposed on this nations exports SEE page 4B By NEIL HARTNELL Tribune Business Editor The Bahamas is expected to start bilateral discussions on its bid to accede to full World Trade Organisation (WTO the New Year, with the US first up, as it bids to have its initial goods (market access offer ready for June 2011s working party meeting. Raymond Winder, the Deloitte & Touche (Bahamas and this nations lead WTO negotiator, outlining the upcoming talks timetable, yesterday urged the Bahamian Bilateral WTO member talks to start early in New Y ear US first up before end of February, with Bahamas goods offer likely to be ready for June 2011 working party meeting SEE page 4B By NEIL HARTNELL T ribune Business Editor T he Government-appointed priv atisation committee is absolutely satisfied and convinced that Cable & Wireless (LIME sible buyer for a 51 per cent controll ing interest in the Bahamas Telecommunications Company( BTC), on of its leading members told Tribune Business last night, a dding that the company would become a flagship operation amid its extensive regional interests. Explaining the rationale behind the need to privatise BTC and why C able & Wireless was chosen as the strategic partner, Julian Francis, who is also BTCs chairman, p romised that the interests of the Bahamian government and otally convinced Cable & Wireless is best BTC partner BTC chair says nation has no choice but to privatise t elecoms company, as government unable to fund it and otherwise strangling economy Key privatisation committee member: I am absolutely c onvinced that this deal will stand the test of time Bahamian interests well-protected, with BTCs problems related to plague of political interference over years Bahamas one of only five nations, including North K orea, to maintain state-run telecoms monopoly this long SEE page 4B JULIANFRANCIS By NEIL HARTNELL Tribune Business Editor C LICO (Bahamas estate asset has some $78.45m illion in claims against it, including some $72 million due t o the insolvent insurers main affiliate, court documents filed in south Florida have alleged, with two buyers still competing to acquire the development. F ilings by attorneys for CLICO (Bahamase r Tilly Gomez partner and accountant, Craig A. Tony G omez, in the south Florida district bankruptcy court, r evealed that among the claims against Wellington Preserve, the project that accounts for 63 per cent of the insurers assets, is a $3 million real estate tax d ebt and $2 million alleged to be owed to the Internal Reve nue Service (IRS Alleging that Wellington Pres erve was in much better shape than other companies i n Chapter 11 bankruptcy pro tection in the US, largely because the mortgage financ ing to purchase its real estate had been paid-off in January 2010, Mr Gomezs attorneys said: It owes approximately two-and-a-half years of reale state taxes or about $3 million. It owes a few hundredt housand dollars ($200,000 relatively minor claims; the $ 1.45 million judgment; the Internal Revenue Service has filed an amended claim for approximately $2 million which is disputed. The remainder of its debt consists of an amount in excesso f $72 million which had been advanced to it by its parent, C LICO Enterprises. That is the CLICO (Bahamas a te that acted as the latters vehicle for all non-insurance investments, including Wellington Preserve. Mr Gomez and his attorneys Key CLICO asset faces $78m claims n Some $72 due to insolvent insurers main affiliate, with $3m owed in real estate taxes and $2m to IRS n Liquidator believes IRS claim can be eliminated, as he awaits Letter of Intent from second potential buyer of project representing 63% of company assets SEE page 4B C RAIG GOMEZ By ALISON LOWE Business Reporter a lowe@tribunemedia.net T he Bahamian Contractors Association (BCAg iven a January 18, 2011, deadline by the Government for s ubmitting its final suggestions and comments relative to the long-awaited Contractors Bill, and is now hoping the legislation will go before Parliaments hortly thereafter. Yesterday, the BCA treasure r and CGT Construction president, Larry Treco, said the Bill w as per cent satisfactory, but the Association is paying close attention in this last review phase to the Con sumers Code, which was included in the final draft pre pared by the Attorney Gener als Office. C ONTRA CT ORS ASSESS ONSUMERS C ODE Mid-January deadline for Contractors Bill feedback, with legislation % satisfactory SEE page 3B B y ALISON LOWE Business Reporter alowe@tribunemedia.net Baha Mar is set to issue the remaining $45 million worth of first phase construction contracts for its $2.6 billion Cable Beach redevelopment next week, as it yesterday announced the signing of Letters of Intent for $15 million in work with four Bahamian c onstruction companies. T he construction of four buildings by the companies, to be located within a new Commercial Village at the resort, will create 300 jobs directly and an estimated 150 indirect spin-off jobs through the hiring of sub-contractors, suggested Baha Baha Mar to award $45m in contracts next week P uts out first $15m to f our Bahamian c onstruction companies, w ith 300 direct jobs and 150 indirect set to be created SEE page 5B

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C M Y K C M Y K BUSINESS PAGE 2B, TUESDAY, DECEMBER 14, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM NASSAU INSURANCE BROKERS AND AGENTS LIMITED Atlantic House,2nd Terrace & Collins Avenue P.O.Box N-7764 Nassau Tel.677-6422 www.nibaquote.comThe best value home insurance has a surprisingly calming effect!Do not underestimate the cost of storm damage and make sure your insurance cover will meet the bills.NIBA can help assess your insurance needs so that you are adequately protected.And the calming effect? That comes when you see the price.Home insurance costs less with NIBA.Its time to pay less for insuring your home! Tel.677-6422 or visit www.nibaquote.com Open Saturdays10.00am2.00pm T he Bahamas Hotel Associations (BHA president has said that while most tourism indicators inched up in 2010,t he year has been a m ixed bag of revenue gains, higher operating costs and global uncertainty. Addressing its 58th A nnual General Meeti ng., Robert Sands said: Indicators in general m oved closer to our 2008 p re-recession benchmark. Projections for next year s how continued marginal growth as we slowly pull out of one of the most dif-f icult economic periods in decades. H e pointed to measures which have been put in place in 2010 by the publica nd private sectors, which should steer the industry out of the doldrums quicker than m any competitors. These include major airport infrastructure improvements in Nassau and Abaco and the liberalisation of the telecommunications industry, which shouldb ring about improved services at lower costs in the coming years. Mr Sands added that room rate integrity has largely been maintained throughout the recession, better positioning many hoteliers as they climb out of the recession andb egin to see a return to profitability. Many hoteliers have learned in these lean years how to do more with less. Airlift Efforts by the Ministry of Tourism and Aviation over t he past several years towards increased airlift and reduced air travel costs, combined with the highly successful publicprivate sector Companion Fly Free promotional campaigns,h ave been key to the marginal but steady improvements in 2010. Group business, which all but disappeared in 2009, is slowly returning, and advanced bookings for 2011 are promising. Easier and more affordable airlift to the Family Islands, c ritical to their development, showed signs of improvement as the Ministry of Tourism and private sectors work in several islands generated additional lift, better positioning those islands for growth in 2011 Mr Sands said. Despite the reasons for cautious optimism, he pointed o ut that members continued to be straddled with high energy costs and, with BHAs help, are taking a more earnest look at how to be more efficient. A t the policy level, BHA has recommended a series of changes which would stimulate greater efficiencies. In the midst of struggling to re-grow our business and capture market share, this year industry was faced with the sober realities of the Bahamas Governments fiscal dilemma.W ith few options to raise essential revenue, the hotel room tax jumped from six to 10 per cent and the departure tax increased by $5 effective July 1, 2010. Businesses also saw increases in electricity costs and new taxes imposed to support unemployment insurancea nd a national drug prescription program according to the BHA president. Industry successfully argued for some measure of relief to the room tax increase for pre-paid business and to address other matters of concern to the industry, some which arep resently being considered by the Government. Without question, these continue to be difficult times for both the public and private sectors. We are faced with the multiple challenges of generating business while minimising our operating costs, improving service and improving our product. Despite the challenges, Mr Sands called on members to be optimistic about the future, adding: With the foundational steps which have been and are being undertaken, an emerging interest in tourism investments in the Bahamas, and with sound industry leadership I am confident about our future. Mixed bag in hotel industry R OBERT SANDS

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B CA President Stephen Wrinkle, who has called the Contractors Bill the BCAs number one priority, praised the inclusion of the Consumers Code at a recent B CA press conference, calling it extreme ly strong and stringent (with ties for contractors that violate its provi sions. He said it would "hold contractors accountable for their actions", and help to c ombat fraud and "shoddy workmanship" that have "plagued" the sector. N onetheless, Mr Treco, who spoke with Tribune Business following a press confer e nce yesterday in which it was announced that his company, CGT Construction, had won a contract to build the new police and fire station at Cable Beach, suggested that t he code is what is taking up most of the BCAs attention as it seeks to finalise its i nput to the Government on the Bill prior to the January deadline. Its something we hadnt seen before, so we have to read it closely. Other than that the Bill itself is basically 99 per cent, were just doing very minor changes to that, he explained. We are meeting with the Ministry of Works, the Attorney Generals Office, a rchitects there are many differnet groups, and we are just really trying to dot the is a nd cross the ts to make sure all the wording is correct, and to make sure that if there a re some things which need to be revisited that we do that. T he Contractors Bill allows for greater regulation of the construction industry, w ith registration of contractors, along with verification of their qualifications and capabilities. It is expected to make it easier for Bahamian contractors to be considered for work by foreign investors, including Baha M ar, as there will be independent validation of their experience and ability to complete a particular job. The Bill will enhance con sumer protection by making contractors m ore accountable for shoddy work. C M Y K C M Y K BUSINESS THE TRIBUNE TUESDAY, DECEMBER 14, 2010, PAGE 3B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM A senior Kerzner International executive has been elected as the Bahamas Hotel Associations (BHA president for 2011, replacing outgoing incumbent Robert Sands, the longestserving president in BHA history. Stuart Bowe, who currently oversees the operation of 1,116 rooms as the general manager of Atlantiss Coral and Beach Towers, has more than 20 years of hotel management and leadership experience. The leadership team elect ed with Mr Bowe at the BHAs annual general meet ing (AGM steer the 220-member organisation throughout 2011, includes as senior vicepresident Stephen Kaeppeler, general manager of Cape Eleuthera Resort and Yacht Club. The new vice-president representing Nassau-Paradise Island hotels will be Pablo Torres, general man ager of the British Colonial Hilton, while his counterpart for the Family Islands is Shavonne Darville, owner of Gems at Paradise on Long Island. Michael Weber, managing director for the Radis son at Our Lucaya, will serve as vice-president for Grand Bahama. Peter Maguire of the Lyford Cay Club was re-elected as trea surer, with Frank Comito continuing as executive vicepresident. These will all serve on the BHA executive committee, along with Mr Sands. Mr Bowe said: BHA has played an invaluable role in the development of our industry and our nation, and I look forward to continuing in that tradition, working closely with our new leadership team and drawing upon the input and support of our members. Kerzner executive to lead hotel body The Association of International Banks & Trust Companies (AIBT to the Financial Community Advanced Technical Education Trust (FCATET vides financial awards for professional study for young Bahamians. These professional courses typically are not associated with financial services, and recent awards include financial support for diplomas in Marine Mechanics, Air-Conditioning and Diesel Technology. The AIBT has always had a strong educational focus, being one of the FCATETs founders, and its chairman. SG Hambros Bank and Trust are trustees of FCATET, while Providence Advisors provides management services. AIBT DONATES TO EDUCATION TRUST DONATION: Pictured (left to right Bank & Trust; and David Thain, AIBT chairman. Prime Minister Hubert A. Ingraham will be the keynote speaker at Bahamas Business Outlook (BBO the theme Diversifying The Bahamian Economy: Fact, Fiction or the Real Alternative? the conference is scheduled to take place on Thursday, January 13, 2011, at the Wyndham Nassau Resort. Following the Prime Minister Ingraham will be speakers on a range of subjects including tourism, financial services, agriculture, telecommunications, oil exploration, entrepreneurship, a discussion of the Sir Stafford Sands economic model, as well as a special focus on Grand Bahama. Joan Albury, president of The Counsellors, its organisers BBO 2011 will focus on new ideas and solutions to strengthen the Bahamian economy over the long-term. While we dont presume to reject or belittle the core industries that have served us well over the years, in these troubled times there is clearly a need for us to seriously consider and discuss compatible industries and opportunities that we can devel-o p for the benefit of all Bahamians, Mrs Albury said. In a recent address to the Rotary Club of West Nassau, Mr Ingraham said signs of economic recovery were now becoming evident in the Bahamas. Among indicators cited by the Prime Minister were increased foreign direct investment, improvements in the tourism industrys performance year-on-year anda levelling off of unemployment and lay-offs. D uring the BBO forum on January 13, it is expected that the Prime Minister will provide the business community with a detailed update on the state of the economy and lay out his government's fiscal thrust for 2011. Now in its 20th year, the annual Bahamas Business Outlook is an economic development initiative conceived by The Counsellors. Interested persons may register online ath ttp://www.tclevents.com or contact Eileen Fielder at telep hone (242 PM TO HEADLINE BUSINESS OUTLOOK HUBERTINGRAHAM STUART BOWE CONTRACTORS ASSESS CONSUMERS CODE FROM page 1B By ALISON LOWE Business Reporter alowe@tribunemedia.net Retail operators are reporting mixed sales levels for Christmas 2010, with several describing top lines which show little improvement or even a decline over last year, while others have noticed a spike in consumer spending. Heather White, of the Linen Shop, located on Bay Street, said sales this year have been quite flat. We certainly havent had a surge of local business. Its not up to par probably not quite as good as last year was. We're living in hope that the next couple of weeks might bring something, she said. Peter Phillips, owner of the Brass and Leather Shop, which has branches down town, the Mall and in Abaco, as well as Fendi, told the same story. Its flat at this point. Our company could not say were seeing an increase and its a no-brainer that were down from three years ago. However, Mr Phillips expressed his hope like other retailers that beyond government pay day, December 16, sales may pick up. Were optimistic that the Christmas rush will happen. Typically, towards the end of this week we should see something happening, he said. At popular clothing store, Tommy Hilfiger, whose proprietor also owns theF ab Finds giftstore, which has locations in Lyford Cay and Harbour Bay, operations manager Etienne Christen said sales at Tommy Hilfiger in the Mall at Marathon are on par with last year. Mr Christen said the company is cautiously optimistic for this Christmas season, having heard a lot of Bahamians expressing that they're going to shop locally this Christmas to help sustain Bahamian jobs. The operations manager said the company anticipates sales will be about the same or a little stronger this year than last, and thats what were seeing. Good news for the company came in the form of increased sales at Fab Finds compared with Christmas 2009. The store had only recently opened prior to Christmas last year, and Mr Christen attributed the bump in sales this year to the company diversifying our gift offerings, strengthening our marketing initiatives and people now being familiar with our two locations set up and enjoying the convenience it brings, especially considering Nassau's traffic situation. Meanwhile, at Kellys Home Store, senior buyer Susan Glinton gave a positive assessment of the retail environment. She told Tribune Business: Things have been going very well so far. I dont know if its up or down from last year, but weve been busy; sales have beenv ery steady. Like Mr Philips, Mrs Glinton added that she expects a rush by consumers post-December 16. Government pay day is always a major thing. So many Bahamians are employed by the Government, so from that point on you can really see a big rush. Also, Bahamians tend to leave things to the last minute, she added. In a press release issued in the first week of December, Robert Stevenson, manager at the Mall at Marathon, suggested brisk early Christmas shopping has been taking place at the Mall, according to reports from store managers, adding that the Malls Dollar Plus Store in particular is booming. In an interview with Tribune Business, Mr Stevenson added that foot traffic at the Mall, where security has been beefed up for the season, has been about the same as 2009 so far this December. However, Mr Stevenson said he anticipates tens of thousands more shoppers to visit the Mall in the run up to December 25, adding that five new stores have opened or are set to open prior to Christmas at the Mall, creating added interest. Retail sales picture is mixed for Xmas

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C M Y K C M Y K BUSINESS PAGE 4B, TUESDAY, DECEMBER 14, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Bahamas chief negotiator in the WTO accession process, told Tribune Business that while Freeport and its free trade zone status could exist under the WTOs global rules-based trading mechanism, proper controls and other changes would have to be implemented. A Freeport-type environment is permitted in the WTO, Mr Winder told this newspaper. The only big challenge, big difference is that products manufactured in Freeport will have to enter the rest of the Bahamas on the same terms and conditions as foreign products coming into the Bahamas. If a foreign product is charged a tariff of 35 per cent to come into the Bahamas, and a foreign company sets up a manufacturing facility in Freeport to make the same product, that product is not allowed to go into the rest of the Bahamas without incurring the same level of tariff. He added: Freeport can exist, but we will have to have proper controls and mechanisms to ensure products manufactured in Freeport are not moving into the rest of the Bahamas without incurring the proper tariff rate. Thus acceding to full membership in the WTO will have implications for both heavy and light manufacturers/producers currently enjoying the tax benefits Freeport has to offer, especially those firms that export a significant percentage of their o utput to other Bahamian islands. The imposition of tariffs, as d emanded by the WTO, will inevitably increase the cost of their products to Bahamian consumers, reducing their competitiveness. Still, Mr Winder said the WTO could also enable the Bahamas and the private sector, including both domestic and foreign-owned companies, to maximise Freeports potential as a manufacturing, exporting and distribution hub. He explained that, to date, by remaining outside the WTOs rules-based trading system, including its trade dispute resolution and arbitration capacities, Bahamas-based exporters were exposed and had no easily available recourse if other countries suddenly imposed trade impediments that made it difficult for this nations products to enter their market. The possibility that this might happen, and the resulting uncertainty, had discouraged more major manufacturers and multinational corporations from establishing operations in Freeport, Mr Winder suggested to Tribune Business. What I do hope is that we can really take advantage of Freeport as a potential exporter, because one of the things thatI believe has prevented Freeport from moving forward is that why would a company set-up a $50 million facility to produce goods for country A, when there is nothing to stop country A from imposing trade impediments? Thats where we are today. Every industry in the Bahamas is exposed to impediments to prevent the Bahamas from taking advantage of those industries. We are exposed, and we dont know where we are likely to be hit again. As a small country, we need to protect ourselves. We need to maximise our potential, but ensure these processes happen. The Deloitte & Touche (Bahamas I really think Freeport can be more competitive than it currently is in terms of attracting other light industries. Freeports large harbour had the ability to take ships from all around the world, thus facilitating its potential as a shipping, transshipment and distribution hub. This, the chief WTO negotiator said, also led into Freeport acting as a finishing hub for products that were imported in a semi-finished state. We can truly begin to look at that as a real opportunity, Mr Winder said. TARIFF EQUALITY UNDER WTO FOR FREEPORT FIRMS F ROM page 1B private sector to supply himself and the Government with as m uch data on their needs and companies as possible, telling Tribune Business his success hinges on their responsiveness. Pointing out that the Bahamas had held preliminary discussions with key trading partners when it submitted its Memorandum of Trade Regime to the Geneva-based WTO last year, formally kicking-off the process for full membership accession, Mr Winder said: Early in the New Year, were really going to start the bilateral discussions, the first being the US. He added that talks with the US were likely to take place some time before the end of February, with both himself and the Government in the meantime setting themselves the goal of collecting and analysing as much data from the Bahamian private sector as possible. This is with a view to the Bahamas being ready to submit its initial goods/market access offer by June 2011, when it returns to Geneva for a meeting with the Working Party handling its membership application. Confirming that this nation had to complete its goods offer by then, Mr Winder told Tribune Business: In June, were anticipating going for the next Working Party meeting in Geneva, so we should have the goods offer before then. This all hinges on making sure we get sufficient details and data from the private sector. Negotiate The Bahamas will have to negotiate its WTO membership through the specially-formed Working Party, chaired by Jamaicas Dr Peter Black, which will be comprised of repre sentatives from its main trading partners the US, Canada and the European Union (EU have an interest in trading with it. Asked about the likely impact once the Bahamas becomes a full WTO member, Mr Winder told this newspaper: I do not think the business landscape will change significantly. Where we will have changes, they will result in only minimal loss of jobs and minimal loss of enterprises. Pledging that he, the Government and other negotiators would do everything possible to ensure the Bahamas emerged from the WTO accession process in the net benefit column, as opposed to the net loss column, Mr Winder said that by being outside the global rules-based trading system all Bahamian industries were currently exposed to having trade barriers imposed on their export products without any recourse. Its a net benefit to have that insurance protection, Mr Winder said of WTO membership, with its dispute resolution mechanisms. Being involved with the WTO is a net benefit to the existing business environment. The second level of protection is that because we have not invested in the infrastructure related to doing business in the Bahamas, being in the WTO arena will cause us to have a competitive edge relative to other countries. Here, Mr Winder means that by upgrading the laws, policies, regulations and other infrastructure as a result of meeting WTO standards, the Bahamas will position itself on a more competitive footing. In terms of loss of production, I can assure you that we will not enter the WTO if, at the end of the day, there will be a huge net loss of employment, Mr Winder said, adding that the Government would not alter its taxation structure until an alternative mechanism one which ensured no revenue losses was in place. Bilateral WTO member talks to star t early in New Y ear FROM page 1B otally convinced Cable & Wireless is best BTC partner people had been well protected, and p ledged: I am absolutely convinced that this deal will stand the test of time. T elling Tribune Business that the Bahamas stood among an uncomfortable f ive-country minority out of 200 nations, that minority also including the Stalinist state of North Korea, that still adhere to a government monopoly for driving your telecoms sector, Mr Francis effectively saidt hat given this nations fiscal position and economic development needs, there wasn o alternative to finding a well-resourced, multinational partner for BTC. P ointing out that BTCs many problems had been caused by consistent interference from Bahamian politicians over successive decades and administrations, Mr Francis described London-based Cable & Wirel ess (parent company of LIME presence in 38 countries, some $3.5 billioni n assets, and a business footprint fixed landline, cellular, Internet and broadband that perfectly fitted BTCs own. Pointing out that Cable & Wireless Communications has some 600,000 clients glob ally, Mr Francis told Tribune Business: It was exactly the profile of BTC, has a major footprint in the Caribbean by being in 13 countries, and the Bahamas is the only c ountry in the region where it does not have a major presence. We have been looking at them from the time they contacted us at the beginning of the year, and came to the position where they were a credible entity, a public company in the UK, and we met the whole management structure from throughout the region Jamaica, Barbados and T rinidad. We became increasingly comfortable that not only were they well regarded and a major player, exactly what BTC needs, b ut came to an agreement for a plan for BTC consistent with what the Government w as looking for a major entity to take B TC forward, maintaining the integrity of BTC, putting emphasis on Bahamian mana gement, developing an operation in the Bahamas that in some respects will be a f lagship operation for LIME and Cable & Wireless. With the Government, its privatisation committee and LIME still negotiating the final terms of the latters $210 million purchase of a 51 per cent BTC stake, Mr Fran cis said: We thought, and feel very strong-l y, and are absolutely satisfied and con vinced this is by far the best alternative to take BTC forward, no question about that. I am not sure there is anywhere a better fit for BTC, he added, even the likes of AT&T, Verizon or Rogers Communicat ions in Canada. M r Francis told Tribune Business that Cable & Wireless (LIME approached the privatisation committee ine arly 2010 to see if there was a possibility it could become involved in the BTC process, having decided not to enter the initial bidding in mid-2009. H owever, the privatisation committee only started formal negotiations with Cable & Wireless in July 2010, after first obtaini ng Cabinet permission. Talks also began after the committee had rejected the final two bids of the four that emerged from the initial bids the One Equity Partners/Vodaf one consortium, and the Atlantic TeleNetwork/CFAL grouping. Explaining the rationale for BTC to be privatised, Mr Francis, a former Central B ank of the Bahamas governor, said the Bahamian government had not done a good job in running the company, and that it had been plagued by interference from politicians. Telecoms companies today required h uge and continuing investment in infras tructure, training and new technology/products, pointing out that this had also resulted in there being few standalone operators anywhere in the world. Its really difficult to understand why some people imagine the Bahamas could be the exception, Mr Francis said, adding that governments in small countries, such ast his nation, simply lacked the financial r esources required to fund the electronic c ommunications industry themselves. They require the private sector to do that, he explained. The Bahamas does not have the wherewithal. We are struggling today to provide infrastructure in electricity, water and sewerage. We are challenged in a major way by these demands, and wisely the Governm ent has come to the realisation that, w here it can transfer responsibility to the private sector successfully, where you have a credible buyer/operator, have them oper ate with a policy/vision you are comfortable with, and where they are committed to the broader development of the country, its something anyone sensible would jump upon. And Mr Francis added of the BTC privatisation: The Bahamas really has no c hoice. We have to do it, because if not w ere going to be strangling our economy in one respect. He added that it was critical for a services-based economy such as the Bahamas, with its tourism, financial services and legal services, to have top-notch communications infrastructure. F ROM page 1B alleged that the IRS claim, which the US federal tax collection agency had recently increased, would be objected to by the liquidator. They believe the end result will be a s ubstantial reduction, if not elimination, of the claim. T he Bahamian accountant had been given time to bring W ellington Preserves tax returns up to date, as the company had not books or records when he took over in early 2009, and its past finances are being learned t hrough discovery from banks, affiliates and former attorneys. D iscovery document requests served on these entities had enabled Mr Gomez to re-file or file Wellington Preserves tax returns for 2005-2007, and i nformation to prepare returns for 2008 and 2009 had also beeno btained, with a further 60-day extension needed to obtain these. Among the institutions Mr Gomez is seeking documentsa nd information from are Wachovia Bank, SouthTrust Bank, Citibank, Barclays Bank a nd Caribbean Money Market Managers, according to thec ourt filing. There is a also a glimmer of good news for CLICO (Bahamas creditors when it comes to W ellington Preserves sale, Mr Gomezs attorneys stating thata nother Letter of Intent from a potential buyer is set to be received shortly, competing with a draft indicative offer received already from anotherp arty. [Mr Gomez] is currently in negotiation with two prospective buyers, his attorn eys said. One of them has submitted a non-binding Let-t er of Intent, over which negotiations are continuing. A Letter of Intent is awaited with respect to the second. As for Wellington Preserve i tself, some 18 of the 120 original lots have been sold, witht he development currently completing a re-platting to allow for a 60-acre equestrian centre that will increase its value and sale price of the remain-i ng lots. Key CLICO asset faces $78m claims F ROM page 1B

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C M Y K C M Y K BUSINESS THE TRIBUNE TUESDAY, DECEMBER 14, 2010, PAGE 5B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM DAVE CARPENTER, AP Personal Finance Writer It's unusual for someone to feel financially well-prepared for retirement. That's due partly to the poor performance of stocks over the past decade. But mostly it's due to people not socking enough money away or planning ahead. Here are some questions to ask yourself to help determine whether you're on track to a financially secure retirement: 1 How much will I need to retire? A rough guideline is that you'll need to replace 75 to 85 percent of your pre-retirement income in order to maintain the same lifestyle. Social Security will help, although it probably won't be enough; the average monthly check is only $1,160. Visit www.ssa.gov to estimate your retirement benefits. 2. Am I saving enough? Guessing isn't good enough. At a minimum, plug in some numbers at a free online retirement calculator. AARP has a recently updated a calculator at www.aarp.org, and the Employee Benefit Research Institute also can help you generate a quick ballpark estimate at http://choosetosave.org/ballpark. Others include those offered by leading financial services firms such as Fidelity, Charles Schwab, Principal Financial and Vanguard. 3. How much can I withdraw during retirement? The 4 percent rule advocated by many financial planners holds that if you withdraw no more than 4 percent of your portfolio in the first year of retirement and then increase that amount for inflation each year, your money should last at least 30 years. That rough guideline takes into consideration the role of expect-ed earnings on your portfolio as well as inflation. To estimate what you'll need to save for the first year of retire ment, multiply what you'll need to withdraw from your account by 25 (this equates the amount to 4 percent needing $50,000, you should have $50,000 times 25, or $1.25 million saved. 4. Am I burdened by too much debt? Make it a priority to pay off your mortgage and any other major obligations before you retire. But if you're paying more than about a third of your pretax income on all debts, you've probably borrowed too much. Consider how you can cut back to increase savings. 5. Do I have the right mix of investments? A long-held rule of thumb is that you should subtract your age from 100, and put that percentage of your savings in stocks and the rest in bonds. But with lifespans increasing, many advisers say that's too conservative and leaves you at risk of falling behind inflation and running out of money. Some suggest subtracting your age from 120 instead. 6. Do I have an estate plan? Long before retirement, everyone should have an up-to-date estate plan with a will, beneficiaries for all accounts, a durable power of attorney, a health-care proxy or living will and possibly trusts for any minor children. 7. Am I properly insured? An unexpected setback could derail your plans. Make sure you're up to date on life, disability, homeowners and liability insurance. And consider getting long-term care insurance in your 50s or early 60s. Figure out which coverage would be the best fit by checking sites such as that of the National Clearinghouse for Long-Term Care Information, www.longtermcare.gov. NEW YORK Shares of Google and Apple edged higher in premarket trading after a federal court judge dismissed a patent lawsuit against the tech giants brought by Microsoft Corp. co-founder Paul Allen. U.S. District Court Judge Marsha Pechman in Seattle threw out Allen's patent infringement claims Friday. Pechman said Allen wasn't specific enough in identifying which products had violated his intellectual property rights. Google Inc. shares rose $5.78, or 1 percent, to $597.99 ahead of regular trading Monday, while Apple Inc. climbed $4.83, or 1.5 percent, to $325.39. Others targeted in the suit include Facebook Inc., eBay Inc., Yahoo Inc., Netflix Inc., AOL Inc., Office Depot Inc., OfficeMax Inc., Staples Inc. and Google-owned YouTube LLC. NEW YORK, AP E xpectations that a tax cut package will pass the Senate and a round of corporate deals pushed stocks higher Monday. Bondy ields fell after touching their highest levels since June. Deals announced Monday include General Electric Co.'s $1.3 bill ion acquisition of British oilfield company Wellstream Holdings PLC and Dell Inc.'s $960 million purchase of network storage company Compellent Technologies Inc. Shares of GE fell 0.2 perc ent to $17.68. Shares of Dell fell 3.3 percent to $13.43. The tax cut compromise brokered by the White House and C ongressional Republicans was scheduled for its first vote in the Senate on Monday afternoon. Lawmakers expect it to pass easily. I f enacted, the package will extend tax cuts passed during the Bush administration for all income levels for another two years. A RE YOUONTRACK ? FINANCIALPLANNING 7 QUESTIONS TO ASK YOURSELF Google, Apple shares rise after judge tosses suit HOPES F OR SENATE PASSAGE OF TAX DEAL LIFTS STOCKS Mars executive vice-president of construction and development, John Dunlap. At a press conference held yesterday at the Sheraton Nassau Beach Resort, it was revealed that Baha Mar had signed conditional letters of intent with John F Dunn and Associates to build the new Fidelity Bank facility; with Osprey Developers for the Commonwealth Bank branch; with Cavalier Construction Compa-ny for the new Scotiabank facility; and with CGT Construction for the new police and fire station facilities.All of these facilities currently exist along the Cable Beach strip but have to be relocated to accomodate the resorts layout. Having received final approval from the Bahamas Investment Authority to proceed with the projects, Baha Mars contracts are subject to final approval (from the Bahamian government) as well as the close of the loan facility (from the China Export-Import Bank), said Baha Mar president, Don Robinson. Baha Mars vice-president of external and governmental affairs, Robert Sands, confirmed that the closing of the China Ex-Im Bank l oan awaits the final approval from t he Bahamian government and the finalisation of an amended Heads of Agreement for Baha Mar. Mr Sands noted that the company has received Bahamas Investment Authority approval, which is the most important approval, while the amended Heads of Agreement, which takes into account the new partners involved in the project, should be done imminently. Those documents are necessary for closing with China Ex-Im Bank, and so we want to fast track and make that happen before the end of the year, said Mr Sands. Mr Robinson agreed with Mr Sands, adding: With the sheer volume of documents that we have to co-ordinate and again between ourselves, the Government and our partners in China, its more of a logistical problem than anything else. We are just trying to get through that. Despite these outstanding matters, Mr Dunlap said Baha Mar executives anticipate the close of the loan facility in December, and following this would be targeting mid-January for ground breaking on site by thef our construction companies. I nitial set-up for work on the core project, which will include t he new hotel towers to be built by g eneral contractor, the China State Construction and Engineering Company, should then get underway within three months of work beginning on the non-core phase, said the executive around March or April if all goes to plan. To facilitate this component of the construciton, which will be done primarily by Chinese workers, a prefabricated facility to house up to 5,000 people is to be set up shortly in the area of the old Hobby Horse grounds, Tribune Business has learnt. Set up of this facility will involve a combination of both Chinese and Bahamian labour, it has been suggested. Speaking about the selection of the four firms announced as participants in the non-core project yesterday, Mr Dunlap revealed that they were selected from among 13 who bid on the works, with a minimum of three bids received for each of the four building projects, including from contractors in the Family Islands. There was an excellent reception or bid spread of qualified parties, as is the case in future works as well,s aid Mr Dunlap. A s to how many smaller contract ors may receive sub-contracts t hrough the awarding of these larger c ontracts, Mr Dunlap said that although vague, the reality is that it is numerous. Were not able to identify them today but you know the opportunities are embedded in how the jobs are run. Osprey Construction Company president, Thomas Whitehead, said: On a typical project this size we would use anywhere up to 12, 14 sub-contractors. Theres roof tiling, tiling in bathrooms, sheet rock work and electrical a lot of these companies are made up of three, four or five people. After the larger contractor gets going they will win these jobs from the larger contractors. On the importance of the signing to his firm yesterday, Larry Treco, president of CGT Construction, said: Its quite significant to us because the construction industry has been at an all-time low, and I think most contractors were actively pursuing work. Although its not huge contracts its a significant amount because of the lack of work out there. Mr Treco added that he feels the commencement of Baha Mar willc ause a lot of other things to happ en. A lot of companies and individu als are waiting for something to h appen, and we think this will be the trigger to set off a lot of financial investments and a lot of construction projects. We think therell be a lot of spin offs many managers will be coming in and theyll require housing, so thats another aspect it may cause other housing to be built, he added. Meanwhile, Mr Sands revealed that an announcement will be made next week about the awarding of the remainder of the $45 million allotted for the first phase construction. This is likely to include the road re-routing project, which will see a new ushaped road dubbed corridor seven built to replace the portion of West Bay Street that runs past the current hotel properties. Mr Robinson added that Baha Mar has launched a series of town hall meetings in the Out Islands so as to inform and assist all local contractors wishing to participate in this mega-project. Baha Mar is committed to an open-bidding process for all construction work, so as to ensure equal opportunity for all contractors who can meet the qualifications, safety,t iming and work quality demanded b y its project schedule and brand s tandards, he said. F ROM page 1B Baha Mar to award $45m in contracts next week

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MARTHA MENDOZA, A P National Writer In a Port au Prince warehouse loaded with tarps, plywood, corrugated roofing, nails and other building supplies, company owner Patrick Brun says he had hoped to get contracts from the billions of doll ars in international aid promised to Haiti. His 40-year-old company, Chabuma S.A., sells cement blocks, doors, sand bags and other materials for international companies. But what he wants is a more significant role in his country's recovery, which i s why he says he keeps bidding without success for U.S. government contracts. "You can imagine that if we can't win the contracts ourselves, we become totally dependent on foreign compa nies and nonprofits, and there is n ot much hope in that," he said. "We may not have the extende d capacity of a U.S. company, but we are respectable. We k eep good books and records, we have foreign suppliers, we h ave good credit, we pay our taxes and our customs dues." Out of every $100 of U.S. contracts now paid out to rebuild Haiti, Haitian firmsh ave successfully won $1.60, The Associated Press has foundi n a review of contracts since the earthquake on Jan. 12. And t he largest initial U.S. contractors hired fewer Haitians than planned. There are many reasons for the disparity. Among them, US A ID is more familiar with some U.S. contractors and gave outs ome no-bid contracts out of urgency, and fears the corrupt ion that is rife in Haiti. On the Haitian side, there is a limited understanding of U.S. government practices. But using foreign aid to give l ocal companies contracts is one of the most important aspectso f reconstruction, says Clare Lockhart, chief executive officer of the Institute for State Effectiveness. "You can't just provide manu al jobs. You need to contract with companies so that the middle tier managers and owners of c ompanies have a stake in the legal system and rule of law, and ultimately a stake in the success of their political systema nd their economy," she says. O f the 1,583 U.S. contracts given so far in Haiti totaling $267 million, only 20 worth $4.3 million are going toH aitian-owned companies. And an audit this fall by US AID'sI nspector General found that more than 70 percent of the f unds given to the two largest U.S. contractors for a cash for work project in Haiti was spent o n equipment and materials. As a result, just 8,000 Haitians ad ay were being hired by June, instead of the planned 25,000 a day, according to the IG. The contractors, Development Alternatives Inc. of Bethesda, Md. and Chemonics International of Washington D .C., which received more than $31 million each in no-bid con t racts, responded to AP in an email saying that together with s everal other contractors, they had employed 25,000 Haitians a day. Now, they said, 10 months after the earthquake, "priorities have evolved beyond af ocus on temporary employment," a program that has paidH aitian workers $18 million in wages. U S AID says it is committed to increasing the amount of contracts going to Haitians. "We already are engaging with Haitian communities tom ake them aware of how they can partner with us," said Jan-i ce Laurente, a spokeperson for US AID. Jobs Economists say giving cont racts to local businesses creates jobs, which help build the p rivate sector. Also, most donors would rather see local b usinesses thrive than foreign companies profiting from a dis aster. Harvard Business School economist Eric Werker, who r esearches foreign aid, says the spillover effects go beyond the a id itself. "Some are obvious, like s alaries and profits that stay in the local economy, but there are also ways to increase capacity of local firms by giving them p rogressively larger contracts," says Werker. But there are m any hurdles to signing a con tract with Haitians. T he first is a no-bid process: 25 percent of the contracts went directly to U.S. contractors without even giving Haitians a chance to bid on them, some t imes because the needs were so urgent there wasn't time to g o through a formal bidding process. In addition, some gov e rnment requests for local Haitian subcontractors and exper tise are published only in English, limiting access for many Haitians who speak Creole. Also, at times of catastrophe, it can be easier to use an estab-l ished contractor with a strong record than a previously unknown local one. The Hait ian economy was so decimated b y the earthquake that it was hard at first even to get wood or t raps for shelters without importing them. Now, even though there are Haitian companies providing many prod ucts and services, the pattern of using foreign ones continues. And finally, it's more complicated to contract directly in countries like Haiti, where cor ruption is rife. There has been price-gouging among some would-be Haitian contractors. The unprecedented promise of $9 billion in aid, with the U.S. as a top giver, at first raised hope of rebuilding and even of a new and brighter future for the tragedy-prone island. But fewer than 10 percent of those funds have made it past the "promise" stage. While Chemonics and DAI are the largest single recipients, the bulk of the funds have gone t o beltway contractors as well: firms in Virginia received the m ost funds of any state, $45.3 million, followed closely by M aryland, $44.6 million. Another $31.7 million went to companies based in the District of Columbia. The U.S. foreign aid con t racts to Haiti since the earthquake have gone to an array of a lmost entirely U.S.-based goods and services, from bul l et-proof vehicles ordered Nov. 18 by the Centers for Disease Control from a Miami-based firm to $24,000 in dental sup plies for US Navy medical providers in June from a Chesapeake, Va. firm. Yet bullet-p roof vehicles and dental sup plies are available from Haitian companies, according to the nonprofit Peace DividendT rust. "Frankly, it's a shame and a s erious opportunity lost," says Edward Rees of the Peace Dividend Trust. His organization put together a business portal, offering everything from security services to catering, and is training Haitians on how to bid for contracts and grants. "No one is systematically tracking how many contracts have gone to Haitian companies." The lack of local spending in Haiti is similar to that in most other countries receiving U.S. aid, although economist Werk er said Haiti is likely at the low end of the spectrum. But Rees contrasts Haiti with Afghanistan, where backed by Peace Dividend Trust U.S. Army General David H. Petraeus ordered his commanders to "Hire Afghans first, buy Afghan products, and build A fghan capacity." The results in Afghanistan a re encouraging: A recent study found that 37 percent of $2 bil l ion in annual international aid is now being used to buy local ly-produced Afghan goods and services, up from 31 percent a few years ago. T he AP review focused on contracts from the U.S. gov e rnment, which spent an imme diate $1.1 billion in U.S. h umanitarian assistance after the earthquake, and promised another $1.15 billion for reconstruction. In November, the first $120 million of the pledged reconstruction funds were tranferred to the World Bank-runH aiti Reconstruction Fund, according to the State Department. In addition to govern ment aid, more than $1 billion h as come from nonprofit charities, most of which try to buy l ocal, said Samuel A. Worthington, president of InterAction, the largest alliance of U.S.based international non governmental organizations. He represents nonprofits manag ing about 90 percent of the U.S. donations that were directed to Haiti after the quake. Worthington says there is no system to count how much has gone to Haitian-owned compa nies. "There is a very strong bias to ensure as much local procurement as possible, and as much spending in the local economy," says Worthington. "Our bottom line is to serve as many people as possible and get the best price, to spread those dollars." C M Y K C M Y K BUSINESS PAGE 6B, TUESDAY, DECEMBER 14, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Would-be Haitian contractors are missing out on aid (AP Photo/Dieu Nalio Chery RUBBLETROUBLE: Haitian Patrick Brun, owner of a company that distributes construction supplies, poses for a photo at a house damaged by the Jan. 12 earthquake in Port-au-Prince, Haiti, Saturday, Dec. 11, 2010. (AP Photo/Dieu Nalio Chery WEIGHED DOWN: A Haitian woman, carrying a bucket with goods to sell, walks by a house damaged by the Jan. 12 earthquake in Port-au-Prince, Haiti, Saturday Dec. 11, 2010. INTERNATIONAL BUSINESS (AP Photo/Dieu Nalio Chery BUILDING BLOCKS: A Haitian man removes debris from a house damaged by the Jan. 12 earthquake in Port-au-Prince, Haiti, Saturday Dec. 11, 2010. Out of every $100 of U.S. contracts now paid out to rebuild Haiti, Haitian firms have successfully won $1.60, The Associated Press has found in a review of contracts since the earthquake on Jan. 12. And the largest initial U.S. contractors hired fewer Haitians than planned. There are many reasons for the disparity. Among them, US AID is more familiar with some U.S. contractors and gave out some no-bid contracts out of urgency, and fears the corruption that is rife in Haiti. On the Haitian side, there is a limited understanding of U.S. government practices.

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C M Y K C M Y K BUSINESS THE TRIBUNE TUESDAY, DECEMBER 14, 2010, PAGE 7B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM BRUSSELS The European Central Bank stepped up its purchases of bonds from governments with shaky finances after Ireland's bailout failed to stabilize markets. The ECB bought 2.67 billion euros ($3.55 billion) in government bonds in the week ended Dec. 10. That's the biggest weekly purchase since July and up from 1.97 billion euros a week earlier. ___ ROME Italian Premier Silvio Berlusconi looked for support from lawmakers as a no-confidence vote looms in parliament, and warned that bringing down his government risks plunging the country into financial instability. ___ TOKYO Japan's government said it would cut the country's hefty corporate tax rate by 5 percentage points in a bid to stim ulate the economy and help Japanese busi nesses stay competitive. ___ SHANGHAI China's leaders wrapped up an annual economic planning meeting with a pledge to cool surging inflation while shifting the economy toward more stable, balanced growth. Asian markets got a boost. The Shanghai Composite Index gained 2.9 percent, Japan's Nikkei 225 stock average closed up 0.8 percent and South Korea's Kospi added 0.5 percent. Hong Kong's Hang Seng index rose 0.7 percent, Australia's S&P/ASX 200 inched 0.2 percent higher and stocks in Taiwan, India and Thailand also rose. European markets also rose. Britain's FTSE 100 closed up 0.8 percent, and Ger many's DAX added 0.3 percent and France's CAC-40 gained 0.9 percent. ___ BRATISLAVA, Slovakia Slovak Par l iament speaker Richard Sulik said his country needs to be ready to abandon the euro and switch to its former currency if the euro debt crisis hits more countries. Sulik said the current bailout system could work for Greece, Ireland and maybe Portugal, but could hardly rescue much larger Spain and Italy. ___ BERLIN A German research institute says it has revised its growth forecast for the country's economy upward to 3.7 percent in 2010 and 2.5 percent in the coming year. ___ LONDON The deputy governor of the Bank of England says the outlook for domestic growth "remains highly uncertain" and more measures may be needed to feed a recovery. ___ ATHENS, Greece Workers at public transport services and a state-owned bank went on strike in Greece, starting off a week of protests against a shake-up of labor rules. ___ MADRID Ratings agency Moody's said it was keeping a negative outlook on Spanishb anks because their capitalization, profitability and access to market funding are expected to remain weak amid Europe's unresolved financial crisis. ___ BEIJING American lawmakers are p ressing China for action on currency and h igh-tech trade in talks this week, and a planned Washington visit by President Hu Jintao next month has raised hopes Beijing might offer concessions. ___ S EOUL, South Korea Comments by South Korea's president that unification with rival North Korea is approaching have highlighted that policymakers should be ready for any eventuality, central bank Gov. Kim Choong-soo said Monday. GABRIELE STEINHAUSER, AP Business Writer BRUSSELS T he European Central Bank stepped up its purchases of bonds from governments with shaky finances in early Decem-b er, but analysts said the bank's intervention was too small to calm markets fears that the government debt crisis will claim f urther victims. Surging government debts have already pushed Greece and Ireland into seeking multibillion bailouts this year, testing the resolve of the 16 countriest hat use the euro to keep the currency union together. On Monday, the speaker of the Slovak parliament, Richard Sulik, added to the crisis atmos p here by saying his country needed to be ready to abandont he euro and switch to its for mer currency if the debt crisis h its further countries. Although the comments were quickly rejected by the Slovak finance ministry, they are a sign of the opposition toe xpensive bailouts among some policy makers and citizens ofs ome of the euro area's more fiscally stable countries. S lovakia, one of the eurozone's smallest members, only joined the euro in Jan. 2009, but has already indicated its discomfort with the crisis by refus i ng to contribute money to a euro110 billion ($148 billion b ailout for Greece by the other euro members and the Intern ational Monetary Fund. The ECB's reluctance to spend heavily to prevent the crisis from potentially taking down Portugal and Spain v iewed by many as the next weakest link in the currency u nion will keep the pressure on European leaders to find a p olitical solution to the debt crisis when they meet Thurs day and Friday in Brussels. Data published Monday showed that the ECB bought euro2.667 billion ($3.55 billion in government bonds in the week ended Dec. 10. That's the biggest weekly purchase since J uly and up from euro1.965 bil lion a week earlier, but way below the euro4 billion to euro16 billion a week the central bank spent on government bonds in May and June. By buying up the bonds of vulnerable countries like Greece, Ireland, Spain, or Portugal the ECB stabilizes their prices and yields, or interest rates. Those rates indicate how much a government would have to pay if it were to raise money in the debt markets. By propping up bond prices, the ECB also takes pressure off banks, which hold government bonds as buffers against financial shocks. Many market participants think the ECB's bond purchas es have been the main reason for a stabilization in European debt markets this month, but analysts said Monday they might have fallen short of expectations. "I would imagine that the market will see this as a bit of a disappointment," Jonathan Loynes, chief European economist at Capital Economics in London, said of Monday's fig ure. "It's helping a little bit at the margins but it doesn't look like the kind of action that would solve the crisis on its own." Jean-Claude Trichet, the head of the ECB, said on Dec.2 that the Frankfurt-based bank would continue buying the bonds of highly indebted governments, after a euro67.5 billion bailout of Ireland failed to soothe fears that the debt crisis might force Portugal or Spain into seeking international help. Yields on the bonds from Portugal and Spain fell sharply following Trichet's statement, but have been creeping up again in recent days. The yield on Portuguese 10year bonds closed at 6.29 per cent Monday, down from euroarea highs of around 7.4 percent in late November but still t oo high to allow the country to refinance its debts in the l ong-run. The yield on equiva lent Spanish bonds stood at 5.46 percent Monday, not far off their 5.5 percent high late last month. H igh yields are a sign of investor concern over a coun t ry's ability to repay its debts. Since the ECB started its soc alled Securities Markets Pro gram in May in the wake of the euro110 billion bailout of Greece it has bought euro72 billion in government bonds. The ECB started out by buying more than euro16 billion in the first week of the program, but hadn't spent more than euro2 billion a week since ear ly July. Even though the Securities Markets Program is modest compared with government bond purchases by other central banks, it was been criticized by several members of the bank's governing board, who fear that the ECB is yielding to political pressure to use its financial muscle to contain the debt crisis. Trichet has emphasized that the ECB's purchases are not intended to bail out overspending governments, but to ensure its monetary policy focused on keeping inflation in check reaches the markets. By comparison, the U.S. Federal Reserve has said it will buy $600 billion in government bonds on the coming months to boost economic recovery. Some economists have been pushing the ECB to do more to stop the crisis, while others want eurozone governments to increase the region's euro750 billion ($1 trillion b ackstop or even issue panEuropean bonds. Even though the euro67.5 billion bailout for Ireland has used to up less than 10 percent o f the total fund the euro110 billion Greek rescue loan wasp rovided separately analysts have raised concerns that there m ight not be enough money to shore up the finances of Spain or Italy, Europe's fourth and third largest economies. That concern also appeared t o trigger Sulik's comments in an opinion piece for Slovak b usiness daily Hospodarske Noviny. S ulik said it was "high time for Slovakia to stop believing in what euro zone leaders say and prepare a Plan B. That is the reintroduction of the Slov ak koruna." The speaker said Slovakia w as too small to influence the how the 16-country eurozone i s run, but added: "We must at least protect the values that p eople living in Slovakia have created." A spokesman for the Slovak f inance ministry said leaving the euro "is not on our agend a." Martin Jaros said "the Finance Ministry has been focusing on the creation of rules at the EU level to ensure bud getary responsibility." Sulik declined to comment further Monday. A spokesman for the EU's monetary affairs commissioner Olli Rehn declined to comment on the speaker's piece. Slovakia's economy is expected to grow by 4.1 per cent this year, more than any other eurozone member, according to the latest EU prediction. Sulik heads the new Free dom and Solidarity party that is part of the four-party, centerright governing coalition created after June's general elec tions. While a government can the oretically pull out of the common currency, economists say leaving would be difficult and costly from a practical standpoint, involving changing software, automatic teller machines and cash registers as well as printing new money as did the monumental logistical effort involved in adopting the euro. Additionally, some say it could provoke a financial cri sis as investors sell assets ahead of the redenomination, and cause the country to face political animosity from other euro zone members. ATHENS, Greece Workers at public transport services and a state-owned bank began strikes Monday, startingoff a week of protests against a shake-up of labor rules in crisis-hit Greece. Transport services in greater Athens halted for more than six hours, a day before parliament was due to vote on the proposed changes that include deeper pay cuts for employees at state companies and a reduction of collective bargaining rights in the private sector. A general strike on Wednesday is set to ground flights, halt trains and ferries, and disrupt most public services. Unions are also planning major protests on that day in Athens and other cities. The cuts are part of Greece's effort to reduce its huge budget deficit as a condition of an agreement to receive euro110 billion ($146 billion international bailout loans. Socialist Prime Minister George Papandreou is due to hold successive meetings with opposition party leaders Tuesday, seeking broader backing for austerity measures that are likely to intensify in early 2011. G LOBAL E CONOMIC N EWS A SSOCIATEDPRESS ECB boosted govt bond-buying to ease the crisis A look at economic developments and activity in major stock markets around the world Monday: (AP Photo/Petros Giannakouris TRANSPORTPROTEST: People flag down taxis during a public transport strike in Athens on Monday, Dec. 13, 2010. Workers at public transport services and a state-owned bank began strikes Monday, starting off a week of protests against a shake-up of labor rules in crisis-hit G reece. Transport services in greater Athens halted for more than six hours, a day before parl iament was due to vote on the proposed changes that include deeper pay cuts for employees a t state companies and a reduction of collective bargaining rights in the private sector. (AP Photo/Paul White CRISISPOINT: Spains Finance Minister Elena Salgado speaks on her cell phone at the Senate in Madrid Monday Dec. 13, 2010 during a debate for the 2011 budget. Ratings agency Moodys said Monday it was keeping a negative outlook on Spanish banks because their capitalization, profitability and access to market funding are expected to remain weak amid Europes unresolved financial crisis. The agencye xpects the banks credit conditions to stay difficult for at least 12 months as Spain weathers fierce market pressure amid speculation it might need a bailout like Ireland and Greece. INTERN A TION AL BUSINESS G G r r e e e e k k l l a a b b o o u u r r r r e e f f o o r r m m t t r r i i g g g g e e r r s s s s t t r r i i k k e e s s

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C M Y K C M Y K BUSINESS PAGE 8B, TUESDAY, DECEMBER 14, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM 5 2wk-Hi52wk-LowSecurit y P revious CloseToday's CloseChangeDaily Vol.EPS $Div $P/EYield 1.261.00AML Foods Limited1.011.010.000.1500.0406.73.96% 10.759.67Bahamas Property Fund10.6310.630.000.0130.200817.71.88% 6.184.50Bank of Bahamas4.904.900.000.5980.2608.25.31% 0.580.18Benchmark0.180.180.00-0.8770.000N/M0.00% 3.492.70Bahamas Waste2.702.700.000.1680.09016.13.33% 2.152.14Fidelity Bank2.172.170.000.0160.040135.61.84% 12.509.62Cable Bahamas10.4610.460.001.0500.31010.02.96% 2.842.36Colina Holdings2.402.400.000.7810.0403.11.67% 7.005.40Commonwealth Bank (S1)6.856.950.1051,0000.4220.26016.53.74% 3.651.63Consolidated Water BDRs1.801.820.020.1110.04516.42.47% 2.551.60Doctor's Hospital1.601.600.000.1990.1108.06.88% 6.995.94Famguard6.076.070.00-0.0030.240N/M3.95% 10.207.23Finco7.237.230.000.2870.52025.27.19% 11.408.77FirstCaribbean Bank9.399.390.000.6450.35014.63.73% 5.513.75Focol (S)5.465.460.000.3660.21014.93.85% 1.001.00Focol Class B Preference1.001.000.000.0000.000N/M0.00% 5.595.00ICD Utilities5.595.590.000.0120.240465.84.29% 10.509.82J. S. Johnson9.829.820.000.9710.64010.16.52% 10.0010.00Premier Real Estate10.0010.000.000.9910.80010.18.00% 52wk-Hi52wk-LowSecuritySymbolLast SaleChangeDaily Vol. 99.4699.46Bahamas Note 6.95 (2029BAH2999.460.00 100.00100.00Fidelity Bank Note 17 (Series A) +FBB17100.000.00 100.00100.00Fidelity Bank Note 22 (Series B) +FBB22100.000.00 100.00100.00Fidelity Bank Note 13 (Series C) +FBB13100.000.00 100.00100.00Fidelity Bank Note 15 (Series D) +FBB15100.000.00 52wk Hi 52wk Low Symbol Bid$ Ask$ LastPrice DailyVol EPS$ Div$ P/E Yield F INDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%30 May 2013 20 November 2029MONDAY, 13 DECEMBER 2010BISX ALL SHARE INDEX: CLOSE 1,487.81 | CHG 5.08 | %CHG 0.34 | YTD -77.57 | YTD % -4.96BISX LISTED DEBT SECURITIES (Bonds trade on a Percentage Pricing basis)Maturity 19 October 2017 7%RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)29 May 2015 W W W.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-232019 October 2022 Prime + 1.75% Prime + 1.75% 6.95%B ISX LISTED & TRADED SECURITIES AS OF:7% Interest 52wk Hi 52wk Low Symbol Bid $ Ask $ Last Price Daily Vol EPS $ Div $ P/E Yield 10.065.01Bahamas Supermarkets5.016.0114.00-2.9450.000N/M0.00% 0.550.40RND Holdings0.350.400.550.0010.000256.60.00% 41.0029.00ABDAB30.1331.5929.004.5400.0009.030.00% 0.550.40RND Holdings0.450.550.550.0020.000261.900.00% 52wk-Hi52wk-LowFund NameNAVYTD%L ast 12 Months %NAV 3MTH 1.51221.4076CFAL Bond Fund1.51795.51%6.90%1.498004 2.92652.8300CFAL MSI Preferred Fund2.91871.10%3.13%2.919946 1.56681.4954CFAL Money Market Fund1.56974.15%4.18%1.551550 3.20252.8522Royal Fidelity Bahamas G & I Fund2.7108-13.03%-4.96% 13.638813.0484Royal Fidelity Prime Income Fund13.2825-0.63%-0.14% 114.3684101.6693CFAL Global Bond Fund114.36849.98%12.49%109.392860 106.552899.4177CFAL Global Equity Fund106.55284.75%7.18%100.779540 1.13671.0000FG Financial Preferred Income Fund1.13674.30%5.21% 1.09741.0000FG Financial Growth Fund1.09742.75%6.87% 1.13631.0000FG Financial Diversified Fund1.13634.18%5.78% 9.74859.1005Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 19.79504.85%5.45% 11.236110.0000Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 210.6417-1.20%0.50% 10.00009.1708Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 39.6635-3.37%-3.37% 8.16434.8105Royal Fidelity Int'l Fund Equities Sub Fund7.94422.94%6.47% BISX ALL SHARE INDEX 19 Dec 02 = 1,000.00YIELD last 12 month dividends divided by closing price 52wk-Hi Highest closing price in last 52 weeksBid $ Buying price of Colina and Fidelity 52wk-Low Lowest closing price in last 52 weeksAsk $ Selling price of Colina and fidelity Previous Close Previous day's weighted price for daily volumeLast Price Last traded over-the-counter price Today's Close Current day's weighted price for daily volumeWeekly Vol. Trading volume of the prior week Change Change in closing price from day to dayEPS $ A company's reported earnings per share for the last 12 mths Daily Vol. Number of total shares traded todayNAV Net Asset Value DIV $ Dividends per share paid in the last 12 monthsN/MNot Meaningful P/E Closing price divided by the last 12 month earningsFINDEX The Fidelity Bahamas Stock Index. January 1, 1994 = 100 (S) 4-for-1 Stock Split Effective Date 8/8/2007 (S1) 3-for-1 Stock Split Effective Date 7/11/200730-Nov-10 30-Nov-10 107.570619 105.776543 30-Jun-10 31-Oct-10 NAV 6MTH 1.475244 2.911577 1.532712TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-752530-Nov-10 30-Sep-10 30-Sep-10 3-Dec-10 30-Nov-10MARKET TERMS31-Oct-10 30-Nov-10CFAL Securities Ltd. (Over-The-Counter Securities)30-Nov-10BISX Listed Mutual FundsNAV Date 30-Nov-10 31-Oct-10 ( 662,*(5,$))6+25((*,21$/ /,0,7(' 127,&( 3XUVXDQWWRWKHSURYLVLRQVRIHFWLRQfRIWKH ,QWHUQDWLRQDO%XVLQHVV&RPSDQLHV LVKHUHE\JLYHQWKDWWKHDERYHQDPHG&RPSDQ\KDV EHHQGLVVROYHGDQGVWUXFNRIIWKHHJLVWHUSXUVXDQWW R D &HUWLFDWHRI'LVVROXWLRQLVVXHGE\7KHHJLVWUDU *HQHUDORQWKHW KGD\RIRYHPEHU 'DWHGWKHWKGD\RI'HFHPEHU &DURO**UD\ /LTXLGDWRURI (662,*(5,$))6+25((*,21$/ /,0,7(' (662%0(/(9(1f%5$=,/(;3/25$7,21 /,0,7(' 127,&( 3XUVXDQWWRWKHSURYLVLRQVRIHFWLRQfRIWKH ,QWHUQDWLRQDO%XVLQHVV&RPSDQLHV LVKHUHE\JLYHQWKDWWKHDERYHQDPHG&RPSDQ\KDV EHHQGLVVROYHGDQGVWUXFNRIIWKHHJLVWHUSXUVXDQW WRD&HUWLFDWHRI'LVVROXWLRQLVVXHGE\7KHHJLVWUDU *HQHUDORQWKHWKGD\RIRYHPEHU 'DWHGWKHWKGD\RI'HFHPEHU &DURO**UD\ /LTXLGDWRURI (662%0(/(9(1f%5$=,/(;3/25$7,21 /,0,7(' (662,*(5,$))6+25((*,21$/ /,0,7(' 1 27,&( 3XUVXDQWWRWKHSURYLVLRQVRIHFWLRQfRIWKH ,QWHUQDWLRQDO%XVLQHVV&RPSDQLHVL V KHUHE\JLYHQWKDWWKHDERYHQDPHG&RPSDQ\KDV EHHQGLVVROYHGDQGVWUXFNRIIWKHHJLVWHUSXUVXDQW WRD&HUWLFDWHRI'LVVROXWLRQLVVXHGE\7KHHJLVWUDU *HQHUDORQWKHWKGD\RI'HFHPEHU 'DWHGWKHWKGD\RI'HFHPEHU &DURO**UD\ /LTXLGDWRURI (662,*(5,$))6+25((*,21$/ 7+5((f/,0,7(' (662,*(5,$))6+25((1785(6f/,0,7(' 127,&( 3XUVXDQWWRWKHSURYLVLRQVRIHFWLRQfRIWKH ,QWHUQDWLRQDO%XVLQHVV&RPSDQLHV LVKHUHE\JLYHQWKDWWKHDERYHQDPHG&RPSDQ\KDV EHHQGLVVROYHGDQGVWUXFNRIIWKHHJLVWHUSXUVXDQW WRD&HUWLFDWHRI'LVVROXWLRQLVVXHGE\7KHHJLVWUDU *HQHUDORQWKHWKGD\RI'HFHPEHU 'DWHGWKHWKGD\RI'HFHPEHU &DURO**UD\ /LTXLGDWRURI (662,*(5,$))6+25((1785(6f/,0,7(' ( 6 6 2 1,*(5,$))6+25((*,21$/ /,0,7(' 127,&( 3XUVXDQWWRWKHSURYLVLRQVRIHFWLRQfRIWKH QWHUQDWLRQDO%XVLQHVV&RPSDQLHV LVKHUHE\JLYHQWKDWWKHDERYHQDPHG&RPSDQ\KDV E HHQGLVVROYHGDQGVWUXFNRIIWKHHJLVWHUSXUVXDQW WRD&HUWLFDWHRI'LVVROXWLRQLVVXHGE\7KHHJLVWUDU *HQHUDORQWKHW KGD\RI'HFHPEHU 'DWHGWKHWKGD\RI'HFHPEHU &DURO**UD\ /LTXLGDWRURI (662,*(5,$))6+25((*,21$/ /,0,7(' NEW YORK Oil resumed its march to $90 a barrel on Monday after OPEC left its crude output quotas unchanged, citing slowing demand and abundant supplies. Benchmark crude for January delivery rose 82 cents to settle at $88.61 per barrel on the New York Mercantile Exchange. Oil prices bounced back following OPEC's weekend meeting in Ecuador, where oil ministers said they would keep production quotas unchanged. Even though that was expected, oil traders were glad to have it confirmed. "The market is focusing ... on the lack of desire to add more oil to quash higher prices," JP Morgan analysts said in a note to investors. While higher oil prices put more money in OPEC pockets, oil-producing countries worry that prices could go too high, fan inflation and slow the global economic recovery. "The ministers generally love existing prices," energy consultants Cameron Hanover said in a report. "Some insiders have hinted at a quota increase if crude oil prices break above $100 a barrel." Oil prices were also helped on Monday by a weaker dollar. Oil and other commodities are priced in dollars, so they becomem ore attractive to buyers with foreign currency as the dollar retreats. The energy markets are watching the Senate vote on extending tax cuts. The bill would also extend unemployment benefits and reduce Social Security payroll taxes for a year, all of which are seen helping the economic recovery. As the economy recovers, demand for oil and gas is expected to improve asw ell. In other Nymex trading, heating oil added 0.77 cent to sett le at $2.4652 a gallon. Gasoline gained 0.91 cent to settle at $2.3184 a gallon. Natural gas picked up 0.3 cent to settle at $4.420 per 1,000 cubic feet. OIL PRICES HEAD HIGHER AFTER OPEC MEETING D AVID ESPO, AP Special Correspondent WASHINGTON L ast-minute legislation to avert a Jan. 1 increase in income taxes for millions approached its first Senate hurdle on Monday, propelled by an uneasy and unusual a lliance linking the White House and top lawmakers in both parties. Senate leaders predicted the measure would gain the 60 votes needed to clear the way for final passage within a day or two. "We're telling the American people to keep money that's rightfully theirs, so they can spend it and invest it as they please," s aid Senate Republican Leader Mitch McConnell, R-Ky., shortly before the vote. In a jab at Democrats, he added, "This is an important shift, and the White House should be applauded for agreeing to it." Sen. Max Baucus, D-Mont., who chairs the Senate Finance Committee, said, "This bipartisan compromise is about creating jobs. Extending middle class tax cuts will h elp create jobs. ... Job creation needs to be our number one priority." The bill would provide a two-year reprieve in the tax increases scheduled tot ake effect on Jan. 1 at all income levels, reduce Social Security taxes for every wagee arner in 2011 and extend an expiring program of jobless benefits for the long-term u nemployed. The estimated cost, $858 billion over two years, would be added to a lready-huge federal deficits. The measure represents a reach across party lines after two years of political combat in which Republicans wanted a permanent extension of all the tax cuts enactedw hen George W. Bush was president, while Democrats insisted rates be permitted to rise on incomes over $200,000 for individuals and $250,000 for couples. D espite the bipartisanship in the Senate, disgruntled House Democrats have vowed to block a final vote unless the legislation is changed to scale back billions in relief ticketed to the wealthy. I think we're going to have a vote on the Senate bill, with possible changes," House Majority Leader Steny Hoyer, D-Md., said. "We may have it with amendments, we'll s ee what the process is." The compromise emerged a week ago after private talks involving the White House and top leaders in Congress, including Republicans who emerged fromm idterm elections with significantly increased strength. In the days since, President Barack Obama has drawn strong criticism from liberals u nhappy that he agreed to changes in the estate tax and income tax that will benefit the wealthy. Firing back, he said failure to c ompromise would produce gridlock at a time the economy is still struggling to recover from recession and unemployment is at a persistently high rate of 9.8 percent. The administration's outgoing top econ omic adviser, Lawrence Summers, said in a speech a few hours before the vote that the agreement should increase consumer spending and help the economy "now and for the next several years." O n the other end of the political spectrum, some conservatives have spoken out against the bill, saying that the renewal of jobless benefits should be offset by spendi ng cuts elsewhere in the budget. In fact, even supporters of the bill were at pains to point out parts they found objectionable. Baucus singled out the decision to leave t ax rates unchanged on upper income earners. Sen. John McCain, R-Ariz., highlighted a series of energy tax breaks added to the bill late last week, including an extens ion of the federal subsidy for ethanol. McConnell cited "the Democrats' insistence that we borrow the money we need to pay for a further extension of unemployment insurance. In my view, if both partiesa gree that the debt is a serious problem, we shouldn't be writing checks that we don't have the money to cover." Many House Democrats objected strongl y to a change in the estate tax that Republicans won as part of the deal. The first $5 million of a couple's estate could pass to h eirs without taxation, and an additional $5 million could be passed along for the spouse. The balance would be subject to a 35 percent tax rate. Big Obama-GOP tax bill facing first Senate hurdle (AP Photo/Hasan Jamali PRICESHIKE: Unidentified oil workers make adjustments t o increase a wells production Wednesday, Dec. 8, 2010, a t a site in the Sakhir, Bahrain, desert oilfield of the Pers ian Gulf.

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By JEFFARAH GIBSON Tribune Features Writer FOR just one day, they didnt have to worry about injections, taking medications or anything associated with chemotherapy. Thanks to the Caribbean Bottling Company, who treated child cancer patients to a fun day at Marios Bowling & Family Entertainment Palace, the little ones had an opportunity to give Santa Claus their Christmas wishes, have fun with their friends outside of the doctors office, bowl and play exciting arcade games. For some of the kids it was their first time at Marios Bowling & Family Entertainment, as trips to and from the doctors office do not leave much time for leisure activities. It was three year old Jayden Lasisters first time at the enter tainment center. He didnt wasted any time when it came to the arcade games. His mother, Ruth Lasister sat down with Tribune Health and extended great thanks to the Caribbean Bottling Company for hosting the event. She said it was a great idea because it allows them to have fun under in a differ ent setting. This was Jaydens first time at Marios and he was so excited. I think this is such a great idea because last Christmas my son was doing chemotherapy and we didnt even celebrate Christmas. I just didnt get that chance to take him out because when you have a child that is sick you really dont have the time do a lot of things. But at this event he got to have fun and see his friends in a better setting as oppose to seeing them at the doctors office, she said. Cyndi Williams, customer service and public relations manager, at the Caribbean Bottling Company said that they hope to make this an annual event for cancer kids. We always hear of the high incidence of cancer among adults but nobody really focuses on the kids. There are no tests done to see if kids have cancer. Last year, we held the same event because we wanted to show the kids a great time around this time of year. We just wanted them to have fun and not think about chemotherapy and we hope to make this an annual event, she said. During the day of fun, a dona tion of $2350 from the Caribbean Bottling Company was made to the Cancer Society of the Bahamas. Dr Francis Williams member of the board of the Cancer Society told Tribune Health that the donation will go towards purchasing porta cathes, an implanted venous device that makes the administration for chemotherapy much easier for cancer patients. The porta cathes are a device that are implanted under the skin and if patients dont get that they will be on treatment for a very long time. But if they do get the porta cathes it allows them to get treat ment relatively easy, he said. He also said that this donation makes the fight against cancer for the organisation much easier. Can cer for anyone is challenging. It has been a challenge for us and this contribution made by the Caribbean Bottling Company makes the chal lenge much easier, he explained. President of the Cancer Society Earle Bethell was also on hand and said they will continue their efforts to reach out to kids with cancer. I must say that we are most appreciative for what the Caribbean Bottling Company are doing. We have to try and reach out to those kids that are affected by cancer and this is one way of doing so, Mr Bethell said. Caribbean Bottling Company brings Christmas early to child cancer patients DONATION: Caribbean Bottling Company presented the Cancer Society with a cheque in the amount of two thousand three hundred and fifty dollars on Saturday. Pictured from left Cancer Society board member Dr. Homer Bloomfield, Marios Bowling & Entertainment Palace Gregory Wilkinson, Customer Service & PR Manager, Caribbean Bottling Company (Bahamas Ltd Cyndi Williams Rahming and Manager of Finance, Caribbean Bottling Company (Bahamas T i m C l a r k e / T r i b u n e s t a f f C M Y K C M Y K WOMAN T HE TRIBUNE TUESDAY, DECEMBER 14, 2010, PAGE 9B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM B ODYANDMIND T h e T r i b u n e 10 secrets for younger looking skin CAN someone in their twenties or early thirties be affected by aging skin? Of course they can. The youthfulness of your skin is determined more by the way it has been treated than age, in other words, if your skin is exposed to environmental aggressions, poor lifestyle habits and a stressful life, your skin starts experiencing real signs of aging, loss of collagen, glow and elasticity. Here are 10 ways to prevent or repair aging skin: Protect your skin from sun damage, using an UVA and UVB protection. The number one cause of aging is due to the sun. Quit smoking and avoid exposure to cigarette smoke. Researchers have proven that smoking contributes significantly to skin wrinkles and dryness by constricting blood vessels and decreasing oxygen to the skin Use an AHA or BHA (also known as retinols) daily. Alpha hydroxy acids remove dead skin cells. When used consistently it can erase fine lines and remove upto ten years off your skin. To avoid sunburn it is important to use sunscreens, when using retinoids. Use an exfoliant at least once a week. Exfoliants vary from a mild scrub, to enzymes and chemicals or acids. The type of exfoliants is determined by ones age and skin type. If you're thirty and over, chemical exfoliates such as glycolic and salicylic acid works better and faster. Use an eye cream daily with SPF to protect the skin from the sun. The eye area is very thin and one of the first areas on the face to age. Antioxidants supplements, key to age prevention. Take oral and topical antioxidants. Examples of some antioxidants are vitamin c, alpha lipoic acid and coenzyme 10. Get sufficient sleep. Sleep gives the body an opportunity to rest, rejuvenate, replenish, and regenerate itself. Any damage that is done that could possibly contribute to premature aging is repaired during sleep. During sleep free radicals are dissolved, which are known to cause prema ture aging. Reduce levels of stress. The skin reflects the general health of the body, so what goes on inside is eventually reflected outwardly. Stress speeds up the aging process. Stress and worry can cause frown ing; eventually the facial muscles conform to that movement. Limit your intake of alcohol. Alcohol dilates blood vessels, overtime these blood vessels become permanently damaged. Regular exercise program is important, although it has many physical benefits, it is eventually seen on your face and help you look younger, at any age. A few extra points to fight aging skin: Cleanse your skin gently, but properly daily. Moisturise your skin, especially at night. Stick to a healthy diet, a diet rich in fresh fruits and vegetables. Drink at least eight glasses of water. Hydrating your skin with nutrients is increasingly important. Dry skin is more prone to forming wrinkles than any other skin type. Essential fatty acids are unsaturat ed fats which are essential to the diet because the body does not produce them. Essential fatty acids are found in vegetables, nuts and some fish. Essential fatty acids contribute to the health of the cell membrane in order to prevent damage of free radicals. Free radicals are known primarily to cause premature aging. Kenya Mortimer-McKenzie Esthetician/Ant-Aging Skin Care Spe cialist Baha-Retreat Anti-Aging Spa B Y KENYA M ORTIMERM CKENZIE By ALESHA CADET Tribune Features Reporter N ot only did Booster save Davis Hawn's Life, the service dog b ecame his best friend. When Mr Hawn faced Post T raumatic Stress Disorder, Booster picked up the p ieces of the mans shattered life and changed his life, they are now known as a team! A fter the terrible experience of b eing diagnosed with Post Traumatic Stress Disorder, with Boost er's assistance, Davis Hawn of Pass C hristian, Mississippi was never alone. In an interview with Tribune H ealth d uring his visit to the B ahamas, Mr Hawn said the Bahamas experience proved enlight ening for the disabled who could u se a dog like Booster to better their lives. "It was also an opportunity to express that we have more to fear from mans inhumanity to man than w e do from a dog." He continued: "I have never, ever had a door closed to me and Booste r here in the Bahamas. The dis abled dollars are green and the dis abled often travel with an assistant, t wo visitors. We need a safe place of interest to visit and the Bahamas is perfect. Good weather, friendly and educated people with big smiles andh uge hearts. You are the small nation with the big heart." "I experienced fear in the form o f Post Traumatic Stress Disorder so I understand fear. The reality of life reveals that dogs pull us in wheelchairs after we lose limbs or e xperience paralysis." Around the time of Disability week 2010, Mr Hawn was greeted Sheila Culmer who graciously invited him and Booster to address The Bahamas National Council for Dis-a bility. Mr Hawn explained that the pair appeared on many television programs while in Nassau, includingB ahamas at Sunrise and Conversations with Etoille Pinder. S peaking on some of the places t hey have visited in the Bahamas, Mr Hawn said: "We also attended services at the Native Golden Gate Baptist Church where Booster d emonstrated his skills to the cong regation which included many disa bled individuals." "We were graciously gifted tickets to the lighting of the Christmas treea nd witnessed the miraculous mer riment of children singing carols and reciting poems. We also got a tasteo f the one of a kind Junkanoo festiv al that rivaled Disney in pageantry and splendor. The following day, we visited the awe inspiring B ahamas Humane Society where Booster entertained children while I bathed a lonely, frightened pot c ake who thanked me with a kiss on the cheek. I knew how he felt for I too once felt the same way due to disabilities in my life." Mr Hawn added that his heart goes out to the Bahamians because every place they have gone theyw ere accepted. "They have trusted us and its a new concept in the Bahamas for the service animal. They listen, they understand and t hey give us the benefit of the doubt and they give us public access," he said. We look at the dog as durable medical equipment, our indepen dence in life and to separate a ser v ice dog from its owner is like throwing someone out of a wheel chair. Public access is crucial. The dog can do no good if not allowedp ublic access with its partner. "It's very important to stress the idea that you do not have to look disabled to be disabled. There is a lot of potential in dogs to help peo ple, that people are not aware of a nd rather than fear a dog, maybe they should embrace the dog," he said. Mr Hawn went on to say: "I owe gratitude to the Bahamian popula tion for affording me a stress free e nvironment in which I could share my experience and enjoy my life. I thank Sheila Culmer for her decades of working on behalf of the disabled a nd inviting me to share my message with the wonderful people of the Bahamas who I hold so dear in my heart." The importance of a service dog changing lives health A-TEAM: Davis Hawn and his service dog Booster offers and helps the disability i n creating a way to a better life with the assistance of a service dog.

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REGARDLESS of a person's HIV status, it is recommended that one visits a den-tist about every six months. T hese regular visits allow the dentist to find early signs of decay, infection and disease and to treat problems at a manageable stage. S tudies show that cavities i n people living with HIV can a ct as fungal reservoirs.Theref ore, treating cavities imme diately may reduce infections like thrush (ie mouth infection). For proper care, it is helpful for a dentist to know that you are living with HIV because there are certain conditions that they will want to pay extra attention to. Finding a dentist who you trust, who is supportive and who can help you make informed treatment decisions is mandatory. If you do not already have a dentist whoyou trust and feel comfortable with, consider a referral from your doctor, a friend or an AIDS service organisation. ORAL CONDITIONS OF HIV DISEASE It is estimated that 90 per cent of people with HIV will develop at least one mouth condition related to HIV disease. These conditions, such as Candidiasis (ie thrush Hairy Leukoplakia (i.e. hairy white plaque), may be the first sign of immune suppression linked to HIV infection, and in many people, are the first signals that lead doctors to encourage HIV testing. Most show up as lesions or sores and can be categorised into four types: abnormal cell growth (cancer viral and fungal. 1. ABNORMAL CELL GROWTH The most common cancers associated with HIV which can affect the mouth, include Kaposi's Sarcoma and Lym phoma. Kaposi's Sarcoma (KS the most common AIDSrelated cancer reported in about 15 per cent of people with AIDS. Commonly KS is on the skin, although over half the people with it report oral lesions as well. Sometimes oral lesions that appear as patches or swellings are the first obvious sign. The roof of the mouth is the most common site, but they also occur on the gums, tongue and at the back of the mouth, near the throat. L ymphoma i s rarer than KS a nd generally more serious. M outh symptoms, which may s imply be a small lump in the mouth or near the tonsils, can o ften be the first sign of lym p homa.The lesions include f irm masses and persistent ulcers. It is possible to detect this condition early by having regular dental exams. 2. BACTERIAL INFECTIONS Some of the most common mouth signs of HIV disease result from overgrown bacte ria. Fortunately, these infec tions are among the easiest to treat; but if left untreated or detected too late, serious health problems may occur. Gingivitis is inflammation of the gums (sometimes accompanied by bleeding and bad breath) caused by a bacterial infection. Periodontal disease includes all diseases of the gums, teeth and underly ing bone. People living with HIV are more at risk to these fairly common conditions and may also face more rapid and severe forms of gingivitis and periodontal disease.The more severe forms include Linear Gingivitis Erythema and Necrotizing Ulcerative Periodontitis, conditions that occur almost exclusively in people living with HIV. 3. VIRAL INFECTIONS Mouth conditions caused by viruses can be painful and are rarely fully cleared from a person's body. There is, however, effective therapy that can treat current conditions and sup press future outbreaks. Herpes Simplex Virus Type 1 (HSV-1 blisters on the lips, is fairly common in the general popu lation and even more so in people living with HIV. In addition to sores on the lips, HSV-1 can appear inside the mouth, as "bubbles" on the gums and in the mouth, often in firmer tissue, like the roof of the mouth. Herpes sores can occur with fever, pain and loss of appetite. They can either be small and almost painless or they can be trou blesome, extensive and persistent. Oral Hairy Leukoplakia ( OHL) is one of the most common HIV-related oral conditions. It is not danger ous and can occur very early in HIV disease. It may, how-e ver, point to an increasing r isk of other, more serious illn esses.Symptoms include w hite patches on the sides of the tongue or walls of the mouth.They look folded, with hair-like particles along the folds. OHL is rarely (if ever) painful and while annoying (people complain about its appearance and texture), it is not serious. Cytomegalovirus (CMV mostly occurs in people with late-stage disease, and only very rarely does it manifest in the mouth. These sores can be widespread and have been seen on the gums, cheeks and roof of the mouth. Since oral CMV ulcers can look like other ulcers, a biopsy may be nec essary to identify it in the mouth. 4.FUNGAL INFECTIONS Oral Candidiasis is perhaps the most common oral condition in people with HIV.A healthy immune system can suppress the overgrowth of this fungus, but even a mildly compromised system may not keep the fungus in check. Fac tors that may cause Candidia sis are prolonged stress, depression and using antibiotics. Planning a course of action for dental care and treatment is important for people living with HIV. Your dentist is a partner in helping you develop this plan. Optimally, any course of treatment should be made together -with you, your doctor and your dentist working together. This article is for informational purposes only. It is not intended and may not be treated as, a sub stitute for professional medical/dental advice, diagnosis, or treatment. Always seek the advice of a physician or dental professional with any questions you may have regarding a medical/dental condition. Never disregard professional med ical/dental advice or delay in seek ing it because of a purely infor mational publication." Andr R. Clarke, DDS, MBBS Specialised Medical Dentist HIV and you B ahamians in general are quite happy to enjoy t heir meals with just two kinds of pepper: bird and goat. Bird pepper is added raw, usually after being mashed, as a condimentwhile goat pepper is usually added to dishes during the cooking process. We may not be able to enjoy true true bird and goat peppers for much l onger. Hot peppers are easily crosspollinated and lose their distinctive flavour. It is one of the rules of the garden that one should grow sweet peppers well away from hot peppers, b ut the different varieties of hot pepp ers will cross-pollinate and change t heir essential characteristics. Two years ago I grew some Habanero peppers that should haveb een really hot. Even though I had them a fair distance from my sweetp eppers the Habaneros were disappointingly mild and insipid. I also h ave some ornamental Mirasol peppers that over three generations have completely lost their pepperiness. H ot peppers can be divided into those we use for flavour and those w e use as ornamentals. Ornament als include Thai peppers that go through green, yellow, purple, orange and red stages, and strangel y shaped peppers like Peter pep per. You could use Thai or Peter peppers to season food but they tendt o have mere heat without a distinctive flavour. Black, brown and purple hot peppers often look ominous but there are no poisonous peppers. Perhaps the most prevalent hot pepper in the US is the Jalapeno, a pepper that grows easily and reach e s four to five inches in length. The Jalapeno used to be mild and very flavoursome, but in recent decades ith as been turned into a mouth burne r. This is sad because there are many peppers to choose from for heat while few have a definingf lavour. T wo approximate substitutes for b ird peppers are Tabasco and Serrano. Tabasco peppers are often called finger peppers and tend to be squarish at the stalk end. Like bird p eppers, they give a sharp bite and t hen fade quickly. Serrano peppers a re shaped like bullets and are really handsome. Many people use them at the green stage for a milderf lavour but when bright red they are meaty and a solid medium hot. Very popular in recent years are s tuffing hot peppers. These tend to b e long and vary in pepper strength from mild to medium hot. Anaheim, Numex and the slightly more bulb ous Poblano peppers are ideal for slitting at the side, stuffing with a savoury mixture that must includec heese, then grilling or sweating them until cooked and the cheese is melted. Big Jim Numex is one variety I tried last year and it was perfect for stuffing. I have been very vague about pepper strengths because until 1980t here was no definitive way of mea suring the relative heat of differing peppers. A scale of 1-10 was generally used with Banana pepper as 1 a nd Habanero 10. In 1980 a scientif ic method was employed using liquid chromatography, accurate to two parts in a million. The heat was mea s ured in Scoville Units, named after the inventor of the process. In Scovi lle Units a bird pepper and Serrano would measure 5,000 to 15,000 while Tabasco would be 30,000 to 50,000 and Habanero or goat pepper over 100,000. Y ears ago sports creams used for sprains and aching muscles used to be bland and odourless, but theyw orked. The public demanded more evidence of their effectiveness so the manufacturers added wintergreent o make it smell and hot pepper extract to make it burn. Then in the 1990s came along sports creams without smell or heat just as they once were. The heat of hot peppers comes f rom capsaicin in the connective tissue within the pepper. Pepper seeds d o not produce capsaicin but their proximity allows them to absorb capsaicin and makes them hot. By removing the placental connective tissue and seeds and using only the f lesh of the pod one gets the true flavour of the pepper and reduces the intensity of the heat. D o not drink water if you have a pepper attack. Capsaicin is absorbed by oil so milk, ice cream or yoghurtw ill be far more effective than water. gardenerjack@coralwave.com C M Y K C M Y K W OMAN P AGE 10B, TUESDAY, DECEMBER 14, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Hot peppers B y GARDENER JACK GREEN SCENE F UNNY SHAPES: P eter pepper fruits grow very irregularly and are odd ornamentals. B RIGHT: M irasol (look at the sun) peppers are not very hot but are extremelyo rnamental. By ALESHA CADET Tribune Features Reporter TWO members of the MedNet Group of Companies recently attended an intensive oneday American Heart Association (AHA inar held in November at the McCormick Con vention Center in Chicago, Illinois as they revised protocol with a view to preserving human life. The medical professionals explained what attending such a conference and updating their knowledge of the CPR guidelines meant for First Care and the country. It means that it is an opportunity for us to try to recruit more Bahamians to become more aware of the importance of being as knowledgeable as you can about preserving human life. CPR is not just being taught because we can, but because it is vital to the health of Bahamians. We have qualified, certified Bahamian instructors who belong to the inter national body of the AHA, so it really does mean a lot for us, said First Care Medical Director, Dr Nigel Johnson who described the AHA conference as educational and informative. He went on to explain one of the most important revisions at this years conference. The initial recommendations used for patient resuscitation were airway, breathing and circulation (A-B-C changed to circulation, airway and breathing (CAB Its an interesting concept since most of us have been trained for years to make sure that the airway is clear and that you are ventilating your patient. Now they are saying that based on the studies presented you should seek to improve cardiac profusion by early effective compression, and then proceed after that to secure your airway and ventilation. The AHAs reason for the change is that according to studies, for most people going into cardio-pulmonary arrest, the blood has reasonably good oxygenation for at least three to five minutes. Even with experienced indi viduals, the average delay in ventilation of the patient is at least eighteen to twenty five seconds and it has been shown that this delay contributes to a decrease in patients chances of survival, he explained. Going further, another component that Dr Johnson found interesting was the revision in the variation of depths of compression with victims of cardio-pulmonary resuscitation. Addressing the question of one rescuer management of a patient who has collapsed vs two rescuers, Dr Johnson said, Whether there are one or two rescuers, the approach is still CAB to try to preserve the life of the patient. Dr Johnson expressed First Cares vision for the country in these words: Certainly we would like to see an era in this country where every home has someone with knowledge of life-saving techniques such as CPR, Basic Life Support or First Aid. This would go a long way toward improving the overall healthcare of the country. Its also a great feeling to know you have assisted a friend or relative. After all, you cant really put a price on knowledge. First Car e staf f attends AHA Revision 2010 Scientific Conference By ANDRE CLARKE KEEPING YOUR MOUTH ALIVE CERTIFIED: First Care Basic Life Support providers display their certificates after attending the AHA 2010 Conference in Chicago, Illinois.

PAGE 21

C M Y K C M Y K WOMAN T HE TRIBUNE TUESDAY, DECEMBER 14, 2010, PAGE 11B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM C ongratulations to Dr Barbara A RodgersNewbold on successfully obtaining her Doctorate of Management Degree in Organisational Leadership from the University of Phoenix. Congratulations are extended from her loving husband, Anthony Ace Newbold; her proud parents, Herman and Sylvia Rodgers; brothers, Pedro and Ricardo; sisters, Kathrina and Dr Nakeisha Rodgers; sister-in-law, Bon-n ivette; niece, Petra; nephew, Brian, and the rest of her family and friends. Dr Rodgers-Newbold, who spent 20 years as a senior C ommercial and Offshore Banker, dedicated her Dissertation to her late grandmother, Catechist D orothy Woodside of Staniard Creek, Andros Know a special lady who has achieved an amazing a ccomplishment, let us know at features@tribunemedia.net so she can be featured in the next You Go Girl column. YOU GO GIRL! DECEMBERis a low point in the gardening year, but a high point for giving gifts to gardeners. Most obvious would be a plant. Every gardener, no matter how long they've been gardening, gets a thrill when open ing a box with a plant in it. Still, there are ho-hum plants plants that have their qualities but just aren't going to elicit much excitement. Stay away from the usual poinsettias, philo dendrons and dracaenas for accomplished gardeners. And because the gift plant is for a gar dener, steer clear of throwaway plants, such as paperwhites. Yes, paperwhites are perennial, but can't be forced to flower every winter. SOME PLANTS ARE SPECIAL The plants that most gardeners would be thrilled to receive this time of year (hint, hint ter fragrance or blossoms, or both. A good place to start looking for my gift ... whoops, I mean some gardener's gift ... would be a mail-order nursery specializing in such plants, or having a wide array of houseplants. (Logee's Greenhouses, www.logees.com, and Glasshouse Works, www.glasshouseworks.com, for example). Gardenia, jasmine, camellia and citrus fit the bill for anyone with a green thumb and a cool, bright room. Where heat, humidity and sunlight create a more trop ical atmosphere, choose from such beauties as bougainvillea, abutilon and alla manda. A lack of sunny windows should not present a problem. Just shift gears and think foliage: ferns, such as the dainty maidenhair or the eerie rabbit's-foot, with its furry "foot" attempting escape over the edge of the pot; or rosemary, pretty and fragrant whether or not it flowers; or cute baby's-tears, always lush and green. GIFTS THAT ARE ALWAYS NEEDED Shift gears again now and move beyond plants to expendable items: A good pair of gardening gloves either soft leather, cotton with rubbercoated palms and fingers, perhaps gloves made of some innovative material are essential, and rarely last more than a year or two. Potting soil is an expendable gift that you can buy or, like cupcakes, make yourself. For homemade potting soil, mix together equal parts peat, perlite, com post and garden soil, then put the mix through some quarter-inch mesh hardware cloth. Plant labels, which could be nothing more than Popsicle sticks or tongue depressors, are also always needed. One of the best expendable gift items is twine, useful for such things as tying up tomato, delphinium and pea plants, laying out garden rows or beds, and lashing together bamboo stakes. Natural twines, such as cotton, jute and hemp, are best for gardening because they can be tossed, along with tied plants, into the compost pile at season's end. GIFTS THAT LAST Enduring gifts can be as welcome as expendable ones. Tools are an obvious choice, but choose carefully. Too many gadgets end up gathering dust in the back corner of a garage or shed. Some gadgets that are sure to get used include an electronic moisture probe, a rain gauge, a compost thermometer, and a thermometer that records minimum and maximum as well as current tem peratures. Self-watering seed flats (the APS Starter Kit from Gardener's Supply Company, www.gardeners.com) will freea gardener from daily watering chores in spring. (Watering is still needed, but weekly, perhaps, rather than daily.) For a decorative pot for a larger plant, consider plastic ones that look just like terra-cotta but dry out less readily and stand up to weather better. Something even bigger? A rain barrel, for catching and making good use of water from a gutter's downspout. AND, OF COURSE, BOOKS The best gardening books provide both information and inspiration, or at least a healthy dose of one. Just as with garden tools, don't be enticed too quickly by what is splashy, colorful and most promoted. Some of the best gardening books were written decades ago. Step into a used bookstore; you might find a gem of an old gardening book there. Gar dening gifts: T r y plants, tools, books and more AVOID: Steer clear of paperwhites. Even though they are perennial, but can't be forced to flower every winter. (ARA Twinkling lights, silvery tinsel a nd gold decorations aren't the only t hings that should shine this holiday seas on. Holiday festivities give you the chance to do some sparkling of your own. Whether it's a casual office party, ritzy dinner gathering or a holiday tea with the girls, every holiday event offers ac hance for you to indulge in a bit of holi day glamour. Fortunately, it's not nece ssary to completely revamp your wardrobe or invest in all-new jewelry and cosmetics unless you want to, of course. The glamour experts at Midnight Velv et, an online fashion, beauty and home g oods seller, including a panel of international designers, offer a few tips on how you can sparkle this holiday season: DRESS FOR FESTIVE SUCCESS There's a reason why the little black d ress is a fashion staple it works at all t imes of the year and provides a flattering f oundation for showing off your jewelry, a ccessories and makeup. Don't be afraid to pull out that basic black dress, jazzed u p with some festive jewelry, shoes and accessories for the holidays, no matter how often you've worn it through they ear. You can always make it look seas onally appropriate, dazzling and new. W hether it's a plain sheath, sleeveless, aline or has an empire waist, be sure to c hoose a style that is simple but comple ments your figure. More good news it's the 21st century a nd it's now OK to wear white after Labor Day. A simple white sheath can be as classic and stylish as any little black dress. Add jewelry and accessories in red, green, gold and silver, and you've got a virtually endless variety of exciting new looks that capture the essence of the win t er holidays. THAT HOLIDAY GLOW T he holidays are a great time to experi ment with your makeup. The season offers opportunities to take your look from dramatic and glamorous for evening a ffairs, to fresh-faced and festive for morning and afternoon soirees. What ever event you're dressing for, however, you want makeup that will power t hrough the whole party without requiring you to reapply or touch up. Mineral m akeup is a great option when you're m arathoning through the holidays. Highq uality ingredients and skin-nourishing elements in mineral makeup provide a flawless finish and a healthful glow. HOME IS WHERE THE GLAMOUR IS Chances are you'll be hosting a few holiday parties in your home this year. Just as simple steps can make you sparklet his season, a few touches can help you present a glamorous home as the guests start to arrive. Proper lighting is essential for setting a mood at any time, but it plays a key role i n festivities during the season of light. F or family events and children's parties, b right and vibrant makes sense. For more intimate dinner gatherings, provide moderate illumination as guests arrive and then dim the house to set the tone for great conversation. Y ou can find more holiday style ideas, i ncluding video demonstrations for home a nd personal fashions, at www.midnightvelvet.com. Creating a glamorous home and making yourself sparkle can be one of the season's easiest, and most enjoyable, tasks. Holiday glamour: Keep it simple and sparkling


P coe ‘VN

OF THE DAY im tovin’ it



HIGH
LOW

70F
60F

——

THE PEOPLE’S PAPER

Volume: 107 No.20

aU a

Contracts set on
first Baha Mar jos

Four Bahamian firms [Q)D) MSE



Miss Bahamas

Wey eot eee

TTL oo



to employ 450 for
Commercial Village

By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

FOUR Bahamian compa-
nies yesterday signed condi-
tional letters of intent for $15
million worth of construction
contracts for Baha Mar's
Commercial Village which will
create 450 new jobs in New
Providence.

The contracts are a fraction
of the $60 million in contracts
Baha Mar will award to
Bahamian contractors for
work on the property's first
phase. Last week the devel-
opers received "the most
important” approval from the
Bahamas Investment Author-
ity and expect to have an
amended Head of Agreement
finalised with Government
"before the end of the year,”
said Baha Mar Senior Vice-
president of External Affair
Robert Sands.

The developers also expect
to close its $200 million loan
facility with Scotia Bank some
time this month.

Ground-breaking on the
Commercial Village should
begin in mid-January 2011.
Managers and engineers are
expected to begin preliminary

work on the core project three
months after the start of the
Commercial Village. However
the influx of Chinese labour-
ers — almost 8,000 will be
working on the project in
phases — are not expected
until around September or
October 2011 to start con-
struction on the core compo-
nent of Baha Mar.

At a signing ceremony at
the Sheraton yesterday, Mr
Sands said: "We can confirm
that we've received the
Bahamas Investment Author-
ity's approval which is the
most important approval.
There's certainly another doc-
ument that has to be complet-
ed, which is the amended
Heads of Agreement, that
should be done imminently.
Those documents are neces-
sary for closing with China
Exim Bank and so we are on a
fast-track to make that hap-
pen before the end of this
year."

John F Dunn and Associ-
ates were chosen to build the
new Fidelity Bank building;
Osprey Developers Co Ltd
will build a new Common-
wealth Bank; Cavalier Con-

SEE page nine



TUESDAY, DECEMBER 14, 2010

es
a

Se eS ieee
ST TAS) eS,

BIGGEST AND BEST

PRICE —75¢ (Abaco and Grand Bahama $1.25)

WEATHER WOES: Chilly temperatures and strong

winds hit the capital yesterday forcing tourists anda. —_
locals alike to wrap up against the cold. Today
should see similar conditions.

Two charged with killing man

after alleged numbers win

By NATARIO McKENZIE
Tribune Staff Reporter
nmckenzie@tripunemedia.net

TWO men appeared before a magis-
trate yesterday charged with killing a man
who allegedly won a large sum of money at
a numbers house just hours before his
death.

Dacinson Berchant, 27, and Brandon
Keith Evans, 29, both of Marsh Harbour,
Abaco, are accused of murdering 36-year-
old Stanley Saintville on Monday, Decem-
ber 6.

Mr Saintville, an Abaco native, was shot
to death at his home in Forest Drive,
Marsh Harbour, hours after reportedly
winning more than $50,000 at a local num-
bers house.

SEE page nine



CHARGED: Brandon Keith Evans (left) and
Dacinson Berchant.





_ BIC STAFF UNIONS
_ IN BID TO HAVE
INJUNCTION LIFTED

By NOELLE NICOLLS
Tribune Staff Reporter
nnicolls@tribunemedia.net

UNIONS representing
BTC employees will
attempt to have an injunc-
tion lifted when they appear
in court today.

The court order was
issued last week after a suc-
cessful petition by BTC,
which claimed the unions
were responsible for an
“illegal work stoppage.”

The injunction restricted
the unions involved from,

SEE page eight

FELIPE MAJOR/TRIBUNE STAFF



GUNMAN ARRESTED
AFTER FAILED KFC
ROBBERY ATTEMPT

POLICE arrested a
would-be armed robber yes-
terday after his unsuccess-
ful attempt to hold up a
Kentucky Fried Chicken
(KFC) restaurant.

It was reported that a man
armed with a handgun
entered the Oakes Field
location, jumped onto the
counter and demanded cash.
He held most of the employ-
ees at bay, however, some
were able to escape from the
building and at the back of
the restaurant.

Unable to open the
locked cash registers or con-
trol escaped witnesses, the

SEE page eight

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PAGE 2, TUESDAY, DECEMBER 14, 2010

THE TRIBUNE



LOCAL NEWS

Controversy over PLP leader's
mid-term decision change

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

THE determining factor as
to whether or not PLP leader
Perry Christie will stay on for a
full term if elected as the next
Prime Minister will depend on
his performance in the post and
nothing else, former MP
George Smith said yesterday.

As a special guest on Island
FM’s radio programme Parlia-
ment Street, Mr Christie made
a complete 180 degree turn
from his previously stated posi-
tion and said he no longer
intends to quit mid-term if re-
elected as Prime Minister in
2012.

“When I said that I would
leave mid-term or when it was
said that I said I would leave
mid-term that was perhaps a
mischaracterization or mis-
statement on my part because I

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - In an effort
to combat crime and help vic-
tims of crime in his constituen-
cy, Pineridge MP Kwasi
Thompson is hosting a commu-
nity forum on crime prevention.

Mr Thompson said crime has
become a serious challenge for
Bahamians everywhere.

“It affects the lives of every

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know that people will vote for
you because of what they think
you will do for them. And for
me to hold out the possibility,
that I would not be fair to the
people who would vote for me
to present those programmes
and policies that we will pre-
sent to them in the next cam-
paign,” Mr Christie said.

Noting these remarks, Mr
Smith reminded the former
Prime Minister that no leader
of a political party is voted in as
leader by the general public. It
is the national convention of
either party, he said, that must
decide on such a choice. There-
fore, with a number of other
prospective candidates waiting
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liamentary caucus, Mr Smith
said that Mr Christie’s perfor-
mance will ultimately deter-
mine whether he stays on for a
full term, or even be given an
additional five years in office.

“We in political parties are
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ous will happen,” he said.

Mr Smith added that while
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to come out and publicly sup-
port Mr Christie to remain as
leader of the party, he also will
be looking at his performance

Bahamian directly or indirectly.
Pineridge, unfortunately, has
not escaped its effects,” he said.

The forum will be held
tonight at 6.30pm at the Susan J
Wallace Centre on Columbus
Drive.

Residents in the Columbus
Park area, Back-a-Town, Sunset
Subdivision, Freeport Ridge,
Heritage, Pioneers Way area,
Garden Villas and Hudson
Estate are invited to attend.

Speaking at the forum will be

PLEASE HELP ME FIND OUR DOG!

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PERRY CHRISTIE

in office if the opportunity is
afforded him again.

However, the party’s deputy
leader Philip “Brave” Davis
had a different opinion on the
matter.

Speaking with The Tribune
yesterday, Mr Davis said that
he did not think Mr Christie’s
decision to now stay on in office
will cause any issues within the
party, or stir up any former
rivalries for the top post.

“From my perspective,” Mr
Davis said, “I think Christie is
sensitive to the views and think-
ing of the Bahamian public and
he will know when best to go.

“No one is going to push him
out. He will decide when he
wants to go,” he said.



MP holds community forum

representatives from the Royal
Bahamas Police Force who will
give residents tips on what they
can do to protect themselves
and their property.

Mr Thompson said psychol-
ogist Dr Pamula Mills will also
be in attendance to lend her
expertise to help victims over-
come their fear of crime.

He said crime is everyone’s
business.

“The reality is if you are not
part of the solution you are part
of the problem.

“This is a multi-faceted chal-
lenge that requires an equally
multi-faceted approach. It
requires those who commit
crimes to have a change of
heart, mind and lifestyle to stop
committing the crimes.

“There are those who see
and hear things and refuse to
get involved, there are family
members who know and
remain quiet, and there are
those who buy stolen goods,”
he said.

Mr Thompson encouraged
citizens in the various commu-
nities to support the police in its
efforts to fight crime.

“We cannot be paralysed by
the fear of crime,” he said.

“We have also asked the
church to become involved. We
have requested Pineridge
churches to set a time in their
Sunday service to pray for the
community, specifically that we
would have a crime-free Christ-
mas, that God would protect
us all and comfort those who
are victims of crime,” Mr
Thompson said.

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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
THE TRIBUNE

TUESDAY, DECEMBER 14, 2010, PAGE 3



LOCAL NEWS

Gun violence leaves three
more people in hospital

GUN VIOLENCE contin-
ues to plague residents and
businesses in the capital — the
weekend’s toll leaving anoth-
er three people in hospital.

The reports come amidst
an unprecedented homicide
count and recent statistics that
indicate that the number of
gunshot victims has increased
by nearly half over the same
period last year.

In addition to the two
shootings on Friday and three
armed robberies reported on
Saturday, the police have
released further reports of
criminal activity over the
weekend.

The first weekend shooting
occurred early Saturday
morning when a man was shot
in the arm while at Toote
Shop Corner off East Street.
The victim was approached
by two men, one of whom
pulled out a handgun and
fired at him. The man was
taken to hospital in a private
vehicle and was said to be in
stable condition.

The next shooting occurred
early Sunday afternoon at
Rupert Dean Lane. It was
reported that a 23-year-old
woman and 17-year-old girl
were both shot in the leg fol-

lowing an argument between
a man and a woman. They
were taken to hospital by
ambulance.

Meanwhile, police are ques-
tioning a 30-year-old resident
of Excellence Estates in con-
nection with an armed rob-
bery at an Asue Draw loca-
tion Sunday afternoon. Three
masked men, all armed with
handguns and wearing black
clothing, entered the estab-
lishment on Baillou Hill Road
and Martin Street, and
demanded cash.

Money

They made off with an
undetermined amount of
money in a silver coloured
Honda Inspire.

Half an hour later, police
were called to another armed
robbery at Alexander Boule-
vard, Nassau Village. It was
alleged that two masked gun-
men stole an undetermined
amount of cash from T & L
Solutions, before they fled the
area on foot heading west.
The men were said to be
armed with handguns.

On Sunday evening, short-
ly after 7.30pm, two men were

robbed by a hooded gunman
while walking on Lincoln
Boulevard in the area of
Homestead Street.

The man, who wore a dark
blue hooded jacket and jeans,
stole an undetermined
amount of cash and jewellery
before he fled the area on
foot.

Minutes later, police were
called to a shooting of a 31-
year-old man in the same
area.

The man was outside his
house at Homestead Street
when a gunman wearing gray
pants and a black jacket
demanded cash.

The victim was shot in the
thigh after he told the culprit
he did not have any money.
The wounded man was tak-
en to hospital by ambulance.

Meanwhile in other crime-
related matters, police have
identified two men who were
recently killed.

Police have also identified
the boy who was killed in a
car accident in Exuma as 17-
year-old Mchale Rolle.

The man who was gunned
down on Sunday was identi-
fied as 26-year-old Renaldo
Forbes of Pinewood Gardens.

Mr Forbes’ body was found

CR MAUD



F

THE prosecution is expect-
ed to close its case against
FML CEO Craig Flowers and
several of his employees when
his trial resumes next month.

Mr Flowers was back in
court yesterday although his
trial was unable to proceed
because presiding magistrate
Derrence Rolle-Davis was on
circuit.

Mr Flowers was charged
last year with promoting a lot-
tery and permitting his web
shop to be used for the pur-
pose of conducting a lottery
after police raided FML's
head office on Wulff Road.

Police confiscated nearly $1
million in cash from his estab-

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on August Street near Tucker
Corner with a bullet wound
to the head. Investigators are
without leads in the shooting
— the country’s 93rd homicide.

Anyone with information
that might assist in any of
these investigations should
immediately call police on
911, 919, or call Crime Stop-
pers anonymously on 328-
TIPS (8477).

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PAGE 4, TUESDAY, DECEMBER 14, 2010

THE TRIBUNE





EDITORIAL/LETTERS TO THE EDITOR

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 1972-199]

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

WEBSITE
www.tribune242.com — updated daily at 2pm

On climate, the elephant that’s ignored

CANCUN, Mexico (AP) — The latest
international deal on climate, reached early
Saturday after hard days of bargaining, was
described by exhausted delegates as a "step
forward" in grappling with global warming.
If they step too far, however, they're going to
bump into an elephant in the room.

That would be the U.S. Republican Par-
ty, and nobody at the Cancun meetings want-
ed to talk about the impending Republican
takeover of the U.S. House of Representa-
tives. It essentially rules out any new, legal-
ly binding pact requiring the U.S. and other
major emitters of global warming gases to
reduce their emissions.

In endless hours of speeches at the annu-
al U.N. climate conference, the U.S. political
situation was hardly mentioned, despite its
crucial role in how the world will confront
what the Cancun final documents called
"one of the greatest challenges of our time."

Not everyone held his tongue. Seas rising
from warming, and threatening their homes,
got Pacific islanders talking.

Marcus Stephen, president of Nauru,
spoke despairingly of “governments dead-
locked because of ideological divisions."
Enele Sopoaga, Tuvalu's deputy prime min-
ister, referred to the "backward politics" of
one unnamed developed nation.

A USS. friend, Prime Minister Meles
Zenawi of Ethiopia, told a large gathering
here, "The key thing for us is not whether
the American Congress is controlled by this
or that party," but that richer nations help
the developing world with financial support
— for clean energy sources, new seawalls,
new water systems and other projects to try
to stem and cope with climate change and
the droughts, floods, disease and extreme
weather it portends.

"Which party" does matter, however.
Many Republicans dismiss scientific evi-
dence of human-caused warming, citing
arguments by sceptics that the large major-
ity of scientists are wrong or that the conse-
quences of warming are overstated.

Early in the two-week conference here,
four Republican members of the Senate
Environment and Public Works Committee
sent a letter to Secretary of State Hillary
Rodham Clinton demanding a freeze on
about $3 billion in planned USS. climate aid
in 2010-2011.

The senators said some findings of the
U.N. 's climate change panel "were found to
be exaggerated or simply not true” and said
that at a time of record U:S. budget deficits,
"no American taxpayer dollars should be
committed to a global climate fund based
on information that is not accurate."

The leader of the protest, Sen. John Bar-
rasso of Wyoming, called the financing an
"international climate change bailout.” What
will they call the long-term finance plan
embraced at the Cancun conference, for
$100 billion a year in U.S. and other inter-
national climate financing by 2020?

Norwegian Prime Minister Jens
Stoltenberg, who with Zenawi co-chaired a
U.N. panel on climate financing, was asked
how this U.S. opposition can be overcome.

"T believe that many things might happen
in American politics in a period of 10 years,"
he replied.

Such long, wishful views have dominated
the climate talks for two decades, as the U.S.
remained outside the 1997 Kyoto Protocol
and the modest mandatory reductions in
emissions that other industrial nations
accepted. For the world to agree on a new,
all-encompassing treaty with deeper cuts to
succeed Kyoto, whose targets expire in 2012,
the U.S. Congress must pass legislation to
cap U.S. industrial emissions of carbon diox-
ide and other greenhouse gases.

"I don't think that's going to happen right
away,” Todd Stern, chief U.S. negotiator,
said with understatement here early Satur-
day.

Instead, the Cancun talks, waiting for
another day, focused on small steps on cli-
mate: some advances in establishing a system
to compensate developing nations for pro-
tecting their forests, for example, and in set-
ting up a global clearinghouse for "green"
technology for developing nations.

Cancun's chief accomplishment was to
decide to create, with details to come, a
Green Climate Fund that will handle those
expected tens of billions of dollars in cli-
mate support.

This slowly-slowly approach began at the
climate summit in Copenhagen, Denmark,
last year, when the U.S., China, other big
emitters and some small ones pledged to
carry out voluntary reductions in emissions.

Some say this will be the way global
warming will be addressed, not with “top-
down," legally binding treaties, but with self-
assigned targets, bilateral deals to help cre-
ate low-carbon economies, aspirational goals
set by G-20 summits. If the world busies
itself with such voluntary activities, this
thinking goes, it may all add up to climate
protection.

But scientists do numbers better than
politicians. And the latest U.N. scientific
calculation shows that the current emissions-
reduction pledges, even if all are fulfilled, will
barely get the world halfway to keeping tem-
peratures rising to dangerous levels. The
US. pledge — based on executive, not con-
gressional action — is for a mere 3 per cent
reduction of emissions below 1990 levels.

If too little is done, the U.N. science net-
work foresees temperatures rising by up to
6.4 degrees Celsius (11.5 degrees F) by 2100.
In a timely reminder of what's at stake,
NASA reported last week that the January-
November 2010 period was the warmest
globally in the 131-year record.

At that rate, climate will become the ele-
phant no one can ignore.

(This article was written by Charles J.
Hanley, AP special correspondent).



BIC between
a rock and
a hard place

EDITOR, The Tribune.

The public dialogue for
BTC is long overdue, but the
fact that it is taking place in a
climate of economic uncer-
tainty is not helping this
exchange.

The “overdueness” of this
particular privatisation exer-
cise has been clouded by the
selective disclosures of some
of the information that the
public should be privy to.

Ihave my own reservations
about BTC and surprisingly
enough they have nothing to
do with politics, although the
blame for most of the mis-
steps have to be placed at the
feet of those who attempt to
fool the public on a daily
basis.

BaTelCo has one enemy,
and it is the compression fac-
tor that is caused by the pas-
sage of time and progress of
technology; which has result-
ed in BTC being between a
rock and a hard place.

All of the other noises we
hear have to do with the lack
of preparation and planning
by those who were charged
with stewardship of one of the
nation’s “treasures”, which up
to now has only been a “trea-
sure chest” for some.

What could have been a
very progressive company, a
major communications hub
off the eastern seaboard nev-
er developed to the extent
that it should have.

It was not so long ago that
BaTelCo was “rolling” in
money and its revenue out-
stripped all the other utility

LETTERS

letters@tribunemedia.net



companies. I know that hind-
sight is 20/20 but what was
done by Cable Bahamas
should have been carried out
by a technology arm of
BaTelCo.

You do not have to be a
genius to see that the rate at
which Cable Bahamas is
expanding is closely linked to
the progress of technology
previously mentioned. CB is a
testimony, indictment, picture
of what could have been done
through BaTelCo.

Where do we go from
here? BaTelCo still has a
chance to do what it is man-
dated to do, but it cannot be
seen as a cocoon or safe place
for the 1200 or so employees
employed there — technology
will not allow it.

The communications com-
ponent must be seen for what
it is, relentless, unforgiving,
resourceful, paradigm-chang-
ing and most of all evolving,
and this will become more
evident when the market
opens up and the protections
afforded to what has been a
complacent sector, removed.

It has not occurred to some
that we must be able to do
locally what we can do
abroad.

The ease and efficiency that
Bahamians experience in
their business dealings out-
side of this country must be

experienced in the Bahamas —
one way or another.

There is no time for “polit-
ical anything”, the fact that
the value of BaTelCo has
been reduced by almost 50
per cent during the course of
this privatisation should be a
wake up call for all of us who
say we are concerned.
Presently there are businesses
and persons who do not use
BaTelCo for anything — not
even local calls and as tech-
nology evolves and the “com-
pression factor” increases,
BaTelCo will feel the com-
petitive crunch long before
the protections it has are
removed.

The fact that as long as a
computer is on the options on
how one communicates and
does business, multiplies, and
for some of us landlines are
already obsolete.

Who was it in the Wizard of
Oz that made the remark “we
are not in Kansas anymore”?
It was a wise remark and
Bahamians may have to see
that remark in a global con-
text and exercise wisdom,
because technology has its
own rules in this ever evolving
global communications mar-
Ket.

The socio-economic
cocoons that we have allowed
through political expediency
will not survive as technology
progresses.

EDWARD
HUTCHESON
Nassau,

December 12, 2010.

Some comments on seat belt law

EDITOR, The Tribune.

I read with interest that the
Seat Belt law is about to be
enforced and I thought I’d
like to make a few comments.
As somebody who recognises
the advantage of wearing the
seat belts it's obviously about
time and I thoroughly agree
with this law.

There appears to be some
difference of opinion in
reporting on this issue.

The Tribune noted that on
Monday, December 13th the
police would be in full force
handing out flyer’s giving
notice of the law with a 10-
day grace period.

The radio announcer
implied that tickets would be
immediately given out if dri-
vers were not in compliance.




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Which is it? The report noted
that trucks would only require
the driver and front seat pas-
sengers to wear seat belts
which makes me wonder if
the police considers persons
riding in the back of a pick-up
are considered not in danger.
I must say that it’s about time
that there will be an enforce-
ment for children to be in car
seats.

I cringe every day when I
see parents with little kids in
the front or rear seats sitting
on parents’ laps which is a
recipe for a disaster.

Now for my fun part. Even
though this law has been in
effect for quite a while I have
yet to see any police officers
driving or riding in their cars
wearing seat belts. I have yet
to see any persons driving
government vehicles wearing
seat belts.

Will the police and the gov-
ernment abide by this law or
as is normal by the police atti-
tude consider themselves
above the law.

How many times do the
police break the driving rules
on our roads or more proba-
bly don’t even know those
rules?

On December 13th I won-
der if I try to make a citizens

arrest of an officer not wear-
ing his or her seat belt would
Ibe acknowledged or end up
at Central booking?

A few weeks ago I was
stopped by the police because
one of my headlights was out.
It was certainly operating
when I left home.

Now there were many cars
passing that had other obvi-
ous major problems like no
rear lights, parts hanging off
or damaged.

I guess they see somebody
driving an expensive vehicle
and feel they can afford the
$80 ticket which I felt was not
very fair.

In North America a ticket
is issued but if the problem is
rectified within 24 hours there
is no charge. In North Amer-
ica the police motto is to
“Serve and Protect.”

Another observation when
are the police going to start
controlling the bus, taxi and
truck drivers that daily endan-
ger the other citizens on our
roads?

MICHAEL PATRICK
Nassau,
December 10, 2010.

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THE TRIBUNE

TUESDAY, DECEMBER 14, 2010, PAGE 5



Court of Appeal overturns |

ruling made by Anita Allen |

By NOELLE NICOLLS
Tribune Staff Reporter
nnicolls@tribunemedia.net

THE Court of Appeal yes-
terday overturned a ruling its
new president Anita Allen made
while serving a justice of the
Supreme Court.

Atisha Tinker and Omar
McPhee were originally suc-
cessful in an action against the
Royal Bahamas Police Force in
which they claimed unlawful
imprisonment and malicious
prosecution.

They had also claimed
defamation, but this was dis-
missed by Justice Allen because
it was “statute barred”.

The police appealed Justice’s
Allen’s judgement and received
a favourable judgement from
the Court of Appeal last month.

Tinker and McPhee were

MAN CHARGED WITH RAPING 69-YEAR-OLD WOMAN

arrested and charged in 2004 in
relation to several vehicles that
were broken into downtown.
Tinker and McPhee were exon-
erated, and then initiated their
case against the police.

Upon reexamining on the evi-
dence presented at the trial, the
Court of Appeal ruled there was
“a grave error” in the judgement
of Justice Allen.

Despite the failed prosecu-
tion, the Court of Appeal ruled,
“the officers must be taken to
have had an honest belief in the
guilt of the respondents having
regard to all the prevailing cir-
cumstances.”

The circumstances of the orig-
inal arrest were outlined in the
ruling.

“In reviewing the evidence,
the learned judge found that the
second respondent McPHee
admitted under cross-examina-

CHARGED: Eric Strachan is pictured outside of court yesterday.

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT -— A 25-year-old Eight
Mile Rock man was charged with raping
a 69-year-old woman in her home over

the weekend.

Eric Strachan, a resident of Andros
Town, EMR, appeared before Magis-
trate Gwen Claude.

It is alleged that on December 10, he
raped a female resident of Andros Town.
He was not required to enter a plea to

tion that there was a car with
broken glass nearby. The judge
also made a finding that McPhee
admitted that the police officers
found an extra ash tray and a
CD player under the driver’s
seat.

“Additionally, both McPhee
and Tinker were discovered in
the vicinity of a vehicle that was
recently broken into. Those mat-
ters when taken together were
sufficient to evoke reasonable
suspicion in the mind of the
‘ordinarily prudent and cautious’
man, let alone a police officer,”
stated the judgement.

“There was additional evi-
dence to the effect that: one of
the passengers had a screw-dri-
ver in his back pocket; the vehi-
cle which was broken into had
its ashtray and CD missing; two
confession statements were giv-
en by one of the passengers in

the vehicles to the effect that
the respondents were part of a
car theft ring, and they worked
as a team, breaking into vehi-
cles at numerous locations on
the island including vehicles at
the scene where they were
arrested.

‘““A search warrant was exe-
cuted at the home of the respon-
dents who lived together and
several stolen items were
retrieved,” it stated.

The unlawful imprisonment
and malicious prosecution claim
must be based on whether “the
police officer at the time he
made the arrest honestly and
reasonably believed in his case,”
the judgement said.

The Court of Appeal justices
said there was “ample evidence
for the police to have honestly
and reasonably believed that an
offence had been committed”.



the charge.

Strachan was remanded to Her
Majesty’s Prison until March 31, 2011

when a preliminary inquiry will be held

VOLUNTARY BILL OF INDICTMENT PRESENTED IN COURT

A VOLUNTARY Bill
of Indictment was present-
ed yesterday in the case of
four men charged in Feb-
ruary'’s home invasion and
shoot-out in Coral Harbour.

Brothers Derek and Jer-
maine Stuart, 37; Kelvin
Cooper, 35; and Jeffrey
Wilson, 55, have been
charged in connection with
the incident.

The men are accused of
conspiring to commit the
armed robbery of Geor-
gette Butler on Thursday,
February 18.

They are also charged
with breaking into Ms But-
ler's home and, while
armed with a handgun, rob-

‘NASSAU/ROYAL
CARIBBEAN FUN
RUN CANCELLED
DUE TO WEATHER
CONDITIONS

THE ESPN sponsored
‘Nassau/Royal Caribbean
Fun Run in Paradise’
which was scheduled to
take place yesterday morn-
ing was cancelled due to
weather conditions.

Over 100 passengers of
the Royal Caribbean ship
‘Allure of the Seas’ —
including several celebri-
ties in the world of com-
petitive running — were
expected to take part in
the cruise line’s 5k Fun
Run Race.

The Nassau race was to
be part of the inaugural
‘Royal 5K St Maarten
Lifestyle, Running and Fit-
ness Show’ which will air
January 27 and 28 on the
ESPN Caribbean Net-
works.

However, high seas and
windy conditions prevent-
ed the ‘Allure of the Seas’
from docking in Nassau.

Organisers are still
awaiting word as to
whether the cruise ship will
call on Nassau at the end
of the voyage.

bing her of $30,000 worth
of assorted jewellery, $1,650
cash and a Dell laptop com-
puter valued at $1,900. The
men were initially arraigned
on the charges in May and
are on bail.

They are represented by
attorneys Geoffrey Far-
quharson and Murrio
Ducille.

Appearing before Chief

Mesa

Magistrate Roger Gomez
yesterday, prosecutor San-
dra Dee Gardiner present-
ed the Voluntary Bill of
Indictment, meaning that
the matter will be fast-
tracked to the Supreme
Court.

The men were informed
they have to appear before
Senior Justice Jon Isaacs on
January 14.

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* Cocktail Hats 45% off,
* Porcelain Dolls 25% off.

"There are lots of items too numerous to mention, with
fabulously low discounted prices,"
“Do come in and visit us This Holiday Season.”



to determine if there is sufficient evi-
dence for him to stand trial in the
Supreme Court.

i sidered
; extremely dangerous,



CLARENCE SMITH and SORVINO RAHMING

Two men wanted
in connection

WITH the homicide rate

: for the year at a unprece-
i dented 93, police continue
? to seek the public’s assis-
i tance in solving murder cas-
i es.

Police are searching for

i two men from Dolphin Dri-
i ve in Nassau who are want-
: ed for questioning in con-
i nection with separate mur-
: der investigations.

The suspects are 28-year-

! old Sorvino Rahming and
i 19-year-old Clarence Smith.

Rahming is described as

i being of medium brown
? complexion, 5710” tall and
i weighing around 160lbs
: with a medium build.

Smith is described as

? being of dark brown com-
: plexion, 5’8” tall, weighing
i around 140lbs with a slim
: build.

Both men should be con-
armed = and

We
tS
Wem tel
PHONE: 322-2157

SHOE STORE

121 EAST ST.

PH 322-5276

with murder cases

police say.

Persons with any infor-
mation regarding the
whereabouts of these men
are asked to contact the
police emergency line at
919/911; CDU at 502-
9930/9991; the police con-
trol room at 322-3333;
Crime Stoppers at 328-
8477, or the nearest police
Station.























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BEST SELLER

BAHAMAS HANDBOOK

TELLS IT ALL

AWMLABLE AT NEWSSTANDS:

‘¢ 1" Etienne Oepuch Jt Pubtications
| | Tek S805, Mawee, Bahar

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
PAGE 6, TUESDAY, DECEMBER 14, 2010

THE TRIBUNE



LOCAL NEWS



New Disney
cruise ship to
visit Bahamas

ORLANDO, Fla.

DISNEY Cruise Line
has added a third ship to
its fleet, according to

BIGGEST
BEST SELLER

BAHAMAS HANDBOOK

TELLS IT ALL

AWULABLE AT MEWS TANS

for Etienne Duguch Jr. Pubdicatiora
} Tet 227-5884, Nassau, Bahamas

~A2312
Telephone: (242) 373 373-1115 / (242) 373-1471
Pager: (242) 340-8043 » Fox: (242) 373-3005



Associated Press.
Disney officials took
delivery of the Disney

Dream on Thursday at a

German shipyard where
it's been under construc-
tion for nearly two years.

It will be bound for }
Port Canaveral this week }
and a maiden voyage for }

paying customers on Jan.
26.

The Disney Dream is
scheduled to sail three-,
four- and five-night cruis-

es to the Bahamas, from

Port Canaveral.

To make room, the
company is sending the
Disney Wonder from
Port Canaveral to Los
Angeles.

It's the first of two new
ships to join the Digney
fleet, with the Disney }

Fantasy set to debut in

April 2012.

The 4000-passenger

Dream is the first new
ship in the line since
1999.

Robinson and ars rece Nossa N.P,, Bahamas

Box CB-12072
Telephone: ou) 394-8043 / (242) 394-8047
Pager: (242) 340-8043 « Fax: (242) 340-6034

, /| Inspector Archibold

Clifton Miller, 47

of Breadfruit Street, Pinewood
Gardens, will be held on
Wednesday, December 15th, 2010

(| at 11:00am at Church of God

Auditorium, Joe Farrington Road.
Officiating will be Father Stephen
Davis, R.B.P.F Chaplain, assisted
by other ministers of the gospel.
Interment will follow in Lakeview
Memorial Gardens, John F.

a oe ee

BRIEFING — ALGERNON Cargill, Director of
Stanley Lalta briefed public and private heal
ness organisations of the Healthy People Com



NIB invites proposals for
‘Healthy People Programme

THE National Insurance Board (NIB)
is forging ahead with the second compo-
nent of the National Prescription Drug
Plan, the Healthy People Programme.

According to NIB officials, this pro-
gramme aims to develop and entrench a
culture of wellness in the population by
partnering with local organisations to
implement wellness programmes in the
community.

At a recent meeting, both public and
private organisations in the field of health
and wellness were briefed on the pro-
gramme’s objectives and encouraged to
submit proposals to NIB.

Algernon Cargill, director of NIB, said
the Healthy People Programme will focus
on providing financial grants to qualified
organisations for well-conceived, innova-
tive community projects and programmes
aimed at enhancing knowledge of health
risks and personal responsibility for well-
ness.

“We at NIB are launching this pro-
gramme because we are fully aware, as
I’m sure you are, that the already heavy
burden of chronic non-communicable dis-
eases in the population — affecting one in
three Bahamians or almost one person in
every household — must be contained or
rolled back.

“This burden is manifest in the large
number of premature deaths and disabil-
ity among the population; the many days
of hospitalisation and many cases requir-
ing surgical interventions; in the losses

experienced at workplaces in terms of
number of days of work lost due to ill-
ness; and in the large expenses incurred by
individuals, families, business firms and
government in coping with the burden of
illness in society. We are also aware, as
I’m sure you are, that many of these dis-
eases, either in terms of the onset, inten-
sity or duration, can be avoided,” Mr
Cargill said.

While inviting organisations to submit
proposals and partner with NIB and the
Ministry of Health in sustainable health
promoting activities, Mr Cargill empha-
sised that the grants will not be “easy
money” or “free money”.

“(The money) did not come easily. We
had to bargain long and hard for it and we
have to account for it. We have to make
sure it is well-spent,” Mr Cargill said.

Activities

Dr Stanley Lalta, project manager for
the National Prescription Drug Plan, out-
lined the scope of activities that the
Healthy People Progamme will target
through partnerships with community
organisations.

“In the first round we want to focus on
diet and nutrition, obesity control, physi-
cal activity and fitness, self-management
materials and tool kits for dealing with
chronic diseases, health education mate-
rials, research and publication, training

and capacity building and then screening,
patient drug adherence management and
school health based activities,” he said.

Later on as resources permit he said
the programme would focus on other fac-
tors which cause poor health and impact
life expectancy such as injury and vio-
lence prevention, mental health, oral
health, occupational health and safety,
food safety, medical product safety,
responsible sexual behaviour, disability
and related conditions.

Elaborating on the types of projects
the Health People Programme is likely
to fund Dr Lalta said NIB will consider
traditional projects, for example, screen-
ings, production of health education mate-
rials, health fairs and exhibitions, school
and workplace wellness initiatives, and
more.

Proposals will be assessed three times a
year by a management committee of NIB
and Ministry of Health representatives
who will make recommendations for the
NIB director’s sign-off.

Chosen projects will be implemented
with ongoing monitoring by the commit-
tee. Projects may be terminated and all or
some funds recalled for failure to com-
plete in a timely manner and 10 per cent
of funds will be withheld until satisfacto-
ry completion of a project.

The management committee will next
meet to review proposals on January 9,
2011.

Kennedy Drive and Gladstone
Road.

Archibald’s memory will be cherished by his wife, Charlene Miller;
his sons, Archibald Jr., Ashford and Ashley Miller; his mother,
Myrthlyn Rolle-Gilcud; his grandmother, Euterpian Rolle-McPhee;
his stepmother, Queen Miller; his twin sister, Elaine Wilchcombe;
Sisters, Rosetta Brennen, Judy Strachan, Glenda Gilcud, Eloise
Gilcud, Karen Gilcud, Nicola Gilcud-Ingraham, Garika Glinton-
Bannister, Anishka Rolle, Eleanor Poitier, Zelma Saunders, and
Delerese Gibson; Brothers, Leroy Miller and Levado Giilcud;
Brothers-in-law, Jackson Brennen, Samuel Saunders, Emile
Saunders, Jermile Bannister, Sterling Strachan, Christopher
Wilchcombe Sr., Dennis Poitier, Terrance Richardson, Lefred
Stubbs, John Fox, Kirk Fox, David Dawkins and Steven Morris;
sisters-in-law, Macy Miller, Karen Dawkins, Margo Morris, Nicole
Wilson, Deborah Wilson, Rosie Taylor-Fox, Ruthnell Fox and
Denise Moxey; Aunts, Alma Rolle, Ella Clotilda Davis and Godfrey
Davis, Maria Rolle, Myrthella Cox, Dorca Williams, Daisy Brown,
Mother Jocelyn Miller; Uncles, Michael Rolle, Emmanuel Rolle,
Peter Gilcud, Bishop Leyvon Miller; Aunt-in-Law, Ida Mae Rolle;
Numerous nieces and nephews including, William and Nicole
Burrows, Cameron and Sharmaine Newbold, Rickea King,
Dorniesha Miller, Katecha Gilcud, Nickeytra Gilcud, Lakenya
Gilcud, Judith Strachan, Tonique Ingraham, Kaylisa Gilcud, Zuezelle
Poitier, Myah Miller, Samantha Saunders, Samara & Samika
Saunders, Quincy J ohnson, Doncott and April Aranha, Ronrico
Strachan, Dominique Knowles, Christopher Wilchcombe j r., Jamon
King, Kenrico Strachan, Leroy Miller Jrl, Angelo Aranha, Levardo
Gilcud Jr., Aiden Miller, Demetrius Poitier, Demetria and Clarence
Rolle, Davine and Emile Rolle, Kimberley and Lavardo Frazer,
Kevin Dawkins, Jermaine and Aitsa Dawkins, Jermalis Dawkins,
Jacobi Dawkins, Quintin Morris; Cousins, Sheldon McKenzie,
Evangelist Eulamae Butterfield, Anthony Lightbourne, A.S.P.
Glenroy and Mowena McKenzie, Denise Lightbourne, Constable
Keith Ferguson, Inspector James Moss, Avis McKenzie, Carlean
Moss, Julian and Anne Moss, Ronna Major, Wendy and Hosea
Rolle, Ivan Forbes, Samantha Forbes, Latheria and Lynden Rolle,
Rico Bain, Anson Bain, Alonzo and Chandrella Butterfield, Deloris
Burrows, Sheila Fountain, Vanrea Hepburn, Patrice and Anthony
Rolle, Maxella Storr, Garnell Davis, Taneka Bain, Godfrey Davis
Jr and Renardo Davis, Mary-Anne Clarke, Edna Newbold, Leotha
Adderley, Sargeant Anishka Lightbourne, Simon and Anndell
Rolle, Sargeant Bernard Rolle, Bishop Franklyn Miller, Cedric
Miller, Pastor Kenroy Miller, Michael Miller, Leyron Miller Jr.,
Apostle Kelson Miller Jr., Lindsay Miller, Maria, Christine,
Geraldine Lewis, Deonne Dean, Naomi Miller, Ruthmae Ferguson,
Sonia Brown, Ruthmae McKenzie, Livingston Munroe, Jenniemae
Ferguson, Cheryl and Mario Curry, Glen Rolle, the Weir Family,
the Styles Family, the Willamae Family, and Zelma Bastian; Grand
Nieces and Nephews, Azaria and Sasha Newbold, Nicholas Burrows,
Kriston Newbold, Dominique Knowles Jr., Alexandria and Andre
Rolle, Kiarra Dawkins; God Child, Decoda Butterfield; and a host
of other relatives and friends including, Reverand Phillip and
Charlene McPhee and The Mount Calvary Baptist Cathedral Family,
Pastor Charles and Makell Dean and The Lakeview Church of
God Family, Mr. Leslie Miller, Dr. Duane Sands, Dr. Mark Weech,
Dr. Michael Darville, Dr. Kevin Moss, The Doctors Hospital
Intensive Care Unit, Pastor Paul Butler and Bahamas Christian
Fellowship Center Family, Portia Hanna, Sophia Holmes, Ricardo
King, Lucas Culmer, Earthamae Burrows, John Nesbitt and Family,
the Archer Family, the Winter Family, Earnestine Stuart and Family,
Nassau Christian Academy Family, Mrs. Yvonne Munroe, Reverand
Mayden Dean and Family, Superintendent Anthony Ferguson and
the Drug Enforcement Unit Family, The Royal Bahamas Police
Force, The Basketball Boys crew of Bozine Town, Mrs. Rosalie
Foulkes, The Food Service Department of the Princess Margaret
Hospital, The Bozene Town Community, The A.F. Adderley Class
of 1981, The Pinewood Garden Community, The Cleveland Eneas
Primary School Family, The KinderCare Early Learning Centre
Family, Original Patties Family and many other relatives and friends.

Viewing will be held at Restview Memorial Mortuary and
Crematorium ltd Robinson and Soldier Roads on Tuesday from
10:00am to 6:00pm and at the church on Wednesday from 9:30am
to service time.





22 Palmdale Avenue, Palmdale
Nassau, N.P., The Bahamas

A Memorial Service for

Mrs. Helen Mary Phillips
née S€AT'S

of Blair Estates, Nassau,
The Bahamas will be held

gq at St. Andrew's Presbyterian
Kirk, Princes Street, Nassau
on Saturday, 18th
December, 2010 at 2:00
p.m.

Rev. Bryn MacPhail will
officiate.

Mrs. Phillips was
predeceased by her
husband, Mr. Lewis Charles Phillips; her parents, Lt.
Col. Edward D. Sears and Mrs. Gladys S. Sears.

She is survived by her sons, Lawrence Charles Phillips
and Richard John Phillips and her daughter, Barbara
Anne Bruce; grandaughters, Kirsten Seebald, Alexandra
Callender, Tanya Molnar, Kelly Dodge and Brooke
Phillips; her sister, Daphne Lee; her son-in-law, Graham
Bruce; her daughters-in-law, Dorothy Phillips and Diane
Phillips; grandsons-in-law, Matthew Seebald, Louis
(Skip) Molnar, Todd Callender and Nathanael Dodge;
great-grandchildren, Ashley and Richard Seebald,
Katelyn and Cameron Callender and Emma Dodge;
other relatives and friends, including Grace Tendilla,
Ruth Knowles and Dr. Ian Kelly.

In lieu of flowers, donations may be made to R.E.A.C.H.,
P.0.Box N.9272, Nassau or the Cancer Society of The
Bahamas, P.O.Box SS 6539, Nassau in Memory of Mrs.
Helen M. Phillips.

Arrangements by Kemp's Funeral Home Limited, 22
Palmdale Avenue, Nassau, N.P., The Bahamas.

KEMPS FUNERAL HOME LIMITED) GBPA ON “ANGELS

OF HOPE’ MISSION

MANAGEMENT and
staff of the Grand Bahama
Port Authority (GBPA)
began the holiday season
with a corporate prayer and
thanksgiving service this
past Sunday with Pastor
Cedric Beckles and the
members of the Life Com-
munity Church.

In keeping with the
“Angels of Hope” theme
being promoted by GBPA
throughout the Christmas
season, group vice-president
Ginger Moxey encouraged
employees as well as the
wider community to be
mindful of the needs of the
less fortunate.

“We at the GBPA would
like to encourage our
employees and the wider
community to take a
moment this holiday season
and become an angel of
hope to someone you know
may be in need. “We can
each resolve to be angels of
hope whether it’s purchas-
ing some additional grocery
items when you visit the
store or by preparing addi-
tional spaces at your table
when you sit today for Sun-
day dinner,” she said.

Mrs Moxey said she
hopes there will be random
acts of kindness carried out
throughout Grand Bahama
communities.

“T believe that no act of
kindness, no matter how
small, ever goes unnoticed.
We can all attest to the fact
that simple gestures as these
can have a significant
impact in the heart and life
of someone in need. I also
believe that in doing so we
lay a better foundation to
build better communities, a
unified nation and a
brighter future for genera-
tions to come,” she said.

“So it is my wish that in
doing acts of kindness in
giving hope to others in
your own unique way, being
and angel of hope —- will
express the true meaning of
Christmas, not only in this



SHARING GBPA’s MESSAGE OF
HOPE - Group vice-president
Ginger Moxey encourages
employees as well as the wider
community to be mindful of the
less fortunate during these chal-
lenging economic times.

holiday season but during
every day of the New
Year.”

Mrs Moxey added that we
should all count our many
blessings.

“Tt is a pleasure to be
here worshipping with the
leaders and members of
Life Community Church
and thank you for extend-
ing such a warm and friend-
ly welcome to our GBPA
family as we close out the
2010 year with this corpo-
rate prayer and thanksgiv-
ing service,” she said.

Thanking GBPA employ-
ees for their support, Mrs
Moxey said: “I see your
support as a symbol of uni-
ty and hope for the future
as we prepare for the new
business year.”

Piggy-backing on the
“Angels of Hope” theme,
Pastor Cedric Beckles, Life
Community Church’s
founder, told his congrega-
tion that there is hope even
in the midst of failure.

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
THE TRIBUNE

TUESDAY, DECEMBER 14, 2010, PAGE 7



LOCAL NEWS



Bahamas National Youth Choir
set for annual Christmas Concert

THE Bahamas National
Youth Choir will ring in the
holiday season with its second
annual Christmas Concert
tonight at Trinity Methodist
Church on Frederick Street.

Featuring popular carols and
classical pieces for the season,
the concert begins at 8pm.

There is no admission
charge, however a collection
will be taken for the benefit of
the choir.

The programme will include
mostly popular carols like
“Twelve Days of Christmas”,
“O Little Town of Bethlehem”,
“Silent Night” and “Deck The
Halls”.

There will also be a few clas-
sical pieces such as “Ave
Maria” and the “Gloria” from
the Coronation Mass by
Mozart.

The evening will conclude
with the Nigerian carol ‘Betele-
hemw’ which will be performed
with drums and other percus-
sion instruments.

The featured soloists are
Lyndin Sands (oboist) of the
Royal Bahamas Police Force
Band, and Brandon Roberts
(tenor) an alumnus of the
choir.

During 2010, the Bahamas
National Youth Choir cele-
brated the 20th anniversary of
its re-establishment (it was
actually established in 1983 for
the tenth anniversary of
Bahamian Independence.)

In celebration of this mile-
stone a number of events were
held.

An exhibition of pho-
tographs and other materials
was held at the Central Bank
Art Gallery in February, fol-
lowed by the choir’s 20th
Annual Concert Season at the
Dundas Centre for the Per-
forming Arts in March.

The choir held a Choral Ser-
vice of Thanksgiving and Holy
Communion at St Matthew’s
Parish in May, followed imme-
diately by a luncheon at Super-
Clubs Breezes.

During July, the choir toured
Italy and performed at Saint
Peter's Basilica in Vatican City.

In October, the choir pre-
sented Jamaican pianist Dr



Paul Shaw in a recital that fea-
tured a work written by the
choir's founder and director
Cleophas Adderley.

The piece entitled “Varia-
tions on a Theme by E
Clement Bethel” was described
by Dr Shaw as “a masterpiece”.

The choir’s 20th anniversary
celebrations concluded with a
joint concert with the Nazareth
College Chamber Orchestra
from Rochester, New York
directed by Nancy Strelau.

When asked why the
Bahamas National Choir decid-
ed to present a Christmas con-
cert, Mr Adderley said: “The
choir has performed for the
Rotary Club's Night of Christ-
mas Music for 21 consecutive
Christmases and additionally
we have presented a number
of private performances of
Christmas music.

“Since we were putting in
the hard work anyway, I
thought that it would be a good
idea to present a Christmas
performance that the general
public can attend, and we are
subsidised by the Bahamas
government to perform free of
charge as our gift and expres-
sion of gratitude to the
Bahamian people.”



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PAGE 8, TUESDAY, DECEMBER 14, 2010

THE TRIBUNE












GUNMAN ARRESTED
AFTER FAILED KFC
ROBBERY ATTEMPT

FROM page one

gunman was reported to have fled the fast
food restaurant on foot where he was sight-
ed by police officers on patrol in the area
and further identified by residents.

The man, who was said to be a Malcolm
Road resident, was arrested on Hutcheson
Street when police recovered an illegal
firearm and ammunition.

Superintendent Stephen Dean, head of
the Crime Prevention unit, accredited the
culprit’s timely capture to the increased
patrol efforts in the capital.

ABOVE: This firearm and ammunition was
recovered by the police.

TOP: An armed officer next to the police vehicle
where the suspect was held after his arrest.

RIGHT: Police search for a firearm in the area.

B The Sloe Village

Manager
Needed

+ Bahamian 30 years or alder
+ Minimum 10 years experience in the retail industry

+ Strong communication skills

+ Good motivator for achieving goals

« Salary commensurate with experience
ALL APPLICATIONS RECEIVED WILL BE IN CONFIDENCE
No famed or emailed resumes will be considered,
Please take your completed
applications to our head office.

Follow Tribune242
on Facebook to play

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LOCAL NEWS

BIC staff unions in bid



to have injunction lifted

FROM page one

“inducing employees of BTC to break
their respective contracts of employment
by taking part in any unlawful industrial
action against BTC.”

Bernard Evans, president of the
Bahamas Communications and Public
Officers Union (BCPOU), said the court
proceedings have caused the unions to
“waste time” in the continuing privati-
sation dispute.

“We did not do anything illegal. They
said that we ‘restrained’ the workers from
going to work; that we held our workers
hostage. Nothing can be further from the
truth. Our lawyers and our team are
ready,” said Mr Evans.

The unions and BTC may be locked in
another court battle, as attorneys from
the BCPOU and the Bahamas Commu-
nications and Public Managerial Union
(BCPMU) are preparing an action
against BTC for “illegal lock out”, con-
trary to Section 74 of the Industrial Rela-
tions Act, according to Mr Evans.

In the meantime, BCPOU and BCP-
MU executives participated in a strategy

meeting with the Trade Union Congress
(TUC) and the National Congress of
Trade Unions (NCTU), yesterday.

Dr Tyrone Morris, TUC general sec-
retary, confirmed the TUC was “having
some discussions” with the BTC unions,
and one of the topics of discussion was
the suggestion of a general strike.

Although there has been talk of a pos-
sible general strike, Mr Evans said the
unions have not called for such action
as yet. He said if that were necessary,
the BTC unions were “more than confi-
dent” they would have the support of
the other unions.

“We were meeting and strategising on
how the labour movement jointly will
move forward, not only on the BTC mat-
ter, but other outstanding matters,” said
Mr Evans.

“Our plans are progressing very well.
We have the support, but we want to
make sure it is done correctly and prop-
erly. There is no rush to do it. This is a
golden opportunity for the movement.
In conference we will continue to unify
our organisations and our resources,” he
said.

The “unequivocal intent” of the BTC

unions is to have the government change
its position on Cable and Wireless
(C&W), said Mr Evans.

“The union’s position is this. We do
not support C&W as a 51 per cent part-
ner.

“We do not support their strategy,
because their overall strategy is about
job reduction,” he said.

As for the meeting with C&W chief
executive officer David Shaw last week,
Mr Evans said there was no “scheduled
meeting,” so there was no “no show.”

He said C&W executives set a time
and date for a meeting with no consulta-
tion, “like we were going to drop every-
thing.”

“They did not have any discussion with
us. They came demanding they wanted to
meet with us at a time and place that
they set. They thought we would drop
whatever we were doing and conform,”
said Mr Evans.

The union was unable to attend the
meeting, because it already had a mass
rally scheduled for that time.

Since then, he said, C&W sent a letter
of invitation to the BTC unions inviting
them to suggest a time for a meeting.

In Loving Memory

in Time”

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THE TRIBUNE

TUESDAY, DECEMBER 14, 2010, PAGE 9



LOCAL NEWS

Contracts
Signed on
first Baha
Mar jobs

FROM page one

struction Co will build the
new Scotia Bank; and CGT
Construction will build a new
police and fire station.

Construction on each of
these buildings is expected to
take 10 months.

This will create 300 direct
jobs and 150 indirect jobs to
mostly Bahamian workers.

The four companies chosen
will sub-contract work to
smaller construction compa-
nies many of whom have
already been identified.

Mr Sands said the compa-
nies chosen for the Commer-
cial Village phase will be
encouraged to have appren-
ticeship programmes for
labourers.

"We anticipate to be
encouraging all the Bahami-
an contractors who support
this event to have some ele-
ment of training for appren-
tices, for entry level persons,"
he said.

A controversial aspect of
the development is the
amount of Chinese labour
included in the construction.

These foreign labourers are
not expected to start work
until late 2011 when construc-
tion of the core component of
the resort begins, said Baha
Mar President Don Robinson.

"It would be well into next
year when they actually start
(on the) core works. Once the
Commercial Village is com-
plete, once (the) new West
Bay Street is built, the Corri-
dor Seven roads built that
then frees up the existing site
so we can begin the core con-
struction, at that point they
will begin in their works.”

Tom Dunlap, executive
vice-president of development
and construction at Baha Mar,
added: "The actual construc-
tion within that core area will
be at a minimum of about 10

Legal setback for Obama’s
overhaul of health care

WASHINGTON

PRESIDENT BARACK
OBAMA'S historic health
care overhaul hit its first
major legal roadblock Mon-
day, thrown into doubt by a
federal judge's declaration
that the heart of the sweep-
ing legislation is unconstitu-
tional. The decision handed
Republican foes ammunition
for their repeal effort next
year as the law heads for
almost certain eventual judg-
ment by the U.S. Supreme
Court, according to Associ-
ated Press.

The ruling by U.S. District
Judge Henry E. Hudson, a
Republican appointee in
Richmond, Va., marked the
first successful court chal-
lenge to any portion of the
new law, following two earli-
er rulings in its favor by
Democratic-appointed
judges.

The law's central require-
ment for nearly all Ameri-
cans to carry insurance is
unconstitutional, well beyond
Congress’ power to mandate,
Hudson ruled, agreeing with
the argument of Virginia's
Republican attorney general
— and many of the GOP
lawmakers who will take
control of the U.S. House in
January. Hudson denied Vir-
ginia's request to strike down
the law in its entirety or
block it from being imple-
mented while his ruling is
appealed by the Obama
administration.

"An individual's personal
decision to purchase — or
decline to purchase — health
insurance from a private
provider is beyond the his-
torical reach of the Com-
merce Clause," said Hudson,
a 2002 appointee of Presi-
dent George W. Bush.

Nevertheless, the White
House predicted it would
prevail in the Supreme
Court, although it may be a
year or two before the health
care law gets there. The next
step for the Virginia lawsuit
is the 4th U.S. Circuit Court
of Appeals in Richmond,

BAHAMIAN COMPANIES
signed conditional letters
of intent yesterday for
the Baha Mar project’s
Commercial Village.

months from the start of these
works, maybe a little bit
before that, but it will come
in stages, but the first phase
will be the management per-
sonnel and engineering.”

Next week, another round
of Commercial Village con-
tracts will be announced,
expected to be for West Bay
Street road works needed to
accommodate the project.

Nine months from the start
of construction work is when
the new roadway is expected
to be completed.

Larry Treco, of CGT Con-
tractors and Development,
Richard Wilson of Cavalier
Construction, Thomas White-
house of Osprey Development
and John Dunn, of John Dunn
& Associates, were all present
yesterday.

The project's architect
Brent Creary was also at the
signing.

where Democratic-appointed
judges hold a majority.

In an interview with tele-
vision station WFLA in
Tampa, Fla., on Monday,
Obama emphasized that oth-
er judges had either found
the law constitutional or dis-
missed lawsuits against it.

"Keep in mind this is one
ruling by one federal district
court. We've already had two
federal district courts that
have ruled that this is deti-
nitely constitutional," Oba-
ma said.

"You've got one judge
who disagreed. That's the
nature of these things."

But in the short term, the
latest court ruling hands
potent ammunition to GOP
opponents as they prepare
to assert control in the new
Congress with promises to
repeal the law. Obama in
turn has promised to veto
any repeal legislation and
appears likely to be able to

For breaking news alerts

Follow us on Facebook
www.facebook.com/Tribune242

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Two charged with killing man

after alleged numbers win

FROM page one

He was pronounced dead at the scene
by the local doctor.

Berchant and Evans have also been
charged with the attempted murders of Mr
Saintville’s girlfriend Adeline Louissaint
and their one-year-old baby girl, Nactrelle
Louissaint. Both were shot in the head and
are said to be recovering in hospital.

It is also alleged the pair conspired to rob
a Saintville and robbed Ms Louissaint of
270.
The men were not required to enter a
plea to the charges during their arraignment

prevail since Democrats
retain control of the Senate.
Republicans also have dis-
cussed trying to starve the
law of funding.

Whatever the eventual
outcome, Monday's ruling
could create uncertainty
around the administration's
efforts to gradually put into
effect the landmark legisla-
tion extending health cover-
age to 32 million uninsured
Americans.

And it can only increase
the public's skepticism, which
has not significantly receded
in the months since the law's
enactment, defying Obama's
prediction that it would
become more popular as the
public got to know it.

Obama aides said imple-
mentation would not be
affected, noting that the indi-
vidual insurance requirement
and other major portions of
the legislation don't take
effect until 2014.

before Chief Magistrate Roger Gomez in
Court One, Bank Lane, Nassau, yesterday.

Sir Arlington Butler, Evans’ attorney,
informed the court his client was concerned
that people connected to Mr Saintville might
be in prison.

He also claimed his client had been bru-
talised by police in Abaco.

Alex Morley, Berchant’s attorney, said
his client also alleged he had been beaten by
police while at the Marsh Harbour Police
Station.

Chief Magistrate Gomez ordered they be
seen by a doctor at the prison. Both men are
expected back in court on December 5 for a
fixture hearing.

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PAGE 10, TUESDAY, DECEMBER 14, 2010

THE TRIBUNE



INTERNATIONAL NEWS



UKRAINE TO OPEN
CHERNOBYL AREA
TO TOURISTS

KIEV, Ukraine

WANT a better under-
standing of the world's
worst nuclear disaster?
Come tour the Chernobyl
nuclear power plant.

Beginning next year,
Ukraine plans to open up
the sealed zone around
the Chernobyl reactor to
visitors who wish to learn
more about the tragedy
that occurred nearly a
quarter of a century ago,
the Emergency Situations
Ministry said Monday,
according to Associated
Press.

Chernobyl's reactor No.
4 exploded on April 26,
1986, spewing radiation
over a large swath of
northern Europe. Hun-
dreds of thousands of
people were resettled
from areas contaminated
with radiation fallout in
Ukraine, Belarus and
Russia. Related health
problems still persist.

The so-called exclusion
zone, a highly contaminat-
ed area within a 30-mile
(48-kilometer) radius of
the exploded reactor, was
evacuated and sealed off
in the aftermath of the
explosion. All visits were
prohibited.

Today, about 2,500
employees maintain the
remains of the now-closed
nuclear plant, working in
shifts to minimize their
exposure to radiation.
Several hundred evacuees
have returned to their vil-
lages in the area despite a
government ban. A few
firms now offer tours to
the restricted area, but
the government says those
tours are illegal and their
safety is not guaranteed.

Emergency Situations
Ministry spokeswoman
Yulia Yershova said
experts are developing
travel routes that will be
both medically safe and
informative for Ukraini-
ans as well as foreign visi-
tors. She did not give an
exact date when the tours
were expected to begin.

"There are things to see
there if one follows the
official route and doesn't
stray away from the
group,” Yershova told
The Associated Press.
"Though it is a very sad
story."

The United Nations
Development Program
chief Helen Clark toured
the Chernobyl plant
together with Baloha on
Sunday and said she sup-
ported the plan because it
could help raise money
and tell an important les-
son about nuclear safety.

"Personally I think
there is an opportunity to
tell a story here and of
course the process of
telling a story, even a sad
story, is something that is
positive in economic
terms and positive in con-
veying very important
messages,” said Clark,
according to her office.

The ministry also said
Monday it hopes to finish
building a new safer shell
for the exploded reactor
by 2015.

The new shelter will
cover the original iron-
and-concrete structure
hastily built over the reac-
tor that has been leaking
radiation, cracking and
threatening to collapse.

The new shell is 345
feet (105 meters) tall, 853
feet (260 meters) wide
and 490 feet (150 meters)
long.

It weighs 20,000 tons
and will be slid over the
old shelter using rail
tracks.

The new structure will
be big enough to house
the Notre Dame Cathe-
dral in Paris or the Stat-
ue of Liberty in New
York.

The overall cost of pro-
ject, financed by interna-
tional donors, has risen
from $505 million to $1.15
billion because of stricter
safety requirements,
according to Ukrainian
officials.

The European Bank for
Reconstruction and
Development, which man-
ages the project, said a
final estimate of the pro-
ject's cost will be released
after the French-led con-
sortium Novarka finalizes
a construction plan in the
next few months.

Hillary Clinton says she
expects more from Haiti

WAKEFIELD, Quebec

U.S. SECRETARY of State Hillary
Rodham Clinton and the foreign min-
ister of Canada on Monday urged
Haiti's government to work harder on
their country's daunting problems,
according to Associated Press.

Their comments came following a
disputed presidential election late last
month, which was held following a
devastating earthquake and cholera
epidemic.

"We understand that the govern-
ment itself was badly damaged, indi-
viduals were traumatized, but there
has to be a greater effort and there
has to be a more focused approach
toward problem solving,” Clinton said
in a news conference.

Clinton, Canadian Foreign Minis-
ter Lawrence Cannon and Mexican
Foreign Secretary Patricia Espinosa
gathered in this small Quebec town
near Ottawa to prepare for a meet-
ing of their three heads of state early
next year. During the summit, Presi-
dent Barack Obama and the his coun-
terparts are expected to try to work
more closely on trade and security.

But Haiti appeared to dominate the
discussion Monday. Thousands were
unable to vote in the Nov. 28 elec-
tion, which was widely criticized. Both
the U.N. and the Organization of
American States confirmed reports of
electoral violence, voter intimidation
and ballot-box stuffing — although
both organizations said the vote was
still valid.

Clinton said Haiti's leaders should
heed the warning of U.S. Sen. Patrick
Leahy, a Vermont Democrat who
oversees aid appropriations for the
Carribean nation. Last week Leahy
called a suspension of aid for Haiti's
government and visas for officials and
their families until the crisis is
resolved.

HAITI CONCERNS: Secretary of State
Hillary Rodham Clinton speaks during a
media availability following the North

American Foreign Ministers Meeting in
Wakefield, Quebec, Canada, Monday. (AP)

"Senator Leahy, who is a strong
supporter of American foreign aid and
humanitarian relief assistance, is
expressing a growing frustration that
you will find not only in our Congress
but in our government and the Amer-
ican people that as we are approaching
the one year anniversary of the Hait-
ian earthquake there hasn't been the
kind of coordinated, coherent
response from the government of
Haiti that's called for," Clinton said.

"This is a very strong signal that we
expect more and we are looking for
more."

Clinton said the Obama adminis-
tration is still trying to resolve many of
the questions raised by the election

but added it doesn't want to punish
the people of Haiti because of a
flawed vote.

She said all the challenges in Haiti
are quite serious and taken together
are "almost overwhelming."

Cannon said Haitian leaders must
fulfill their obligations to democracy
and show respect for the electoral
process. He said Haiti remains a
"grave concern."

"The international community can-
not do everything in Haiti. It's
extremely important that the govern-
ment of Haiti and the people of Haiti
assume their responsibilities and
ensure that democracy in Haiti con-
tinues," Cannon said.



Clinton, Cannon and Espinosa also
talked about trade, regional security
and fighting transnational crime.

A joint statement discussed setting
up a North America-Central America
dialogue "to strengthen regional coop-
eration and efforts against transna-
tional criminal organizations."

As Colombia and Mexico ramp up
anti-narcotics efforts, there are rising
fears that crime linked to drug traf-
ficking will spill over into neighboring
countries.

Violence in small countries like
Guatemala has skyrocketed as drug
cartels, squeezed by police and mili-
tary action at home, move their oper-
ations.

Authorities seek clues to
Stockholm attacker in UK

LONDON

AT HIS local mosque in Eng-
land, Taimour Abdulwahab
alarmed elders with his extreme
views on Islam. On the Inter-
net, he posted videos of
Chechen fighters and abused
Iraqi prisoners, according to
Associated Press.

On Saturday, officials say, he
died in a failed suicide bombing
in Stockholn.

Authorities are now trying to
learn when he was radicalized,
whether he had accomplices —
and how a man whose radical
views were displayed both
online and in person escaped
official notice.

Swedish prosecutor Tomas
Lindstrand said Monday that
authorities are certain the sui-
cide bomber who terrified pre-
Christmas shoppers was Abdul-
wahab, an Iraq-born Swede
who spent much of the past
decade in Britain. He said
Abdulwahab was completely
unknown to Swedish security
police before the blasts, which
killed the bomber and injured
two others.

Lindstrand said officials
would look into why he was not
on their radar, but pointed out
"that he didn't live in Sweden,
he lived in the U.K., he left Swe-



POLICE OFFICERS stand guard as unidentified officers enter the house which was searched by British police
in Luton, England, Monday. A Swedish prosecutor says police are "98 percent’ certain the Stockholm sui-
cide bomber is 28-year-old Taimour Abdulwahab who is a Swedish citizen but also lived several years in
Britain. Prosecutor Tomas Lindstrand Monday said Abdulwahab has his roots in the Middle East and has
been a Swedish citizen since 1992. Lindstrand said Abdulwahab was also the registered owner of the car
that exploded in Stockholm shortly before the suicide blast Saturday. (AP)

side the house Monday follow-
ing a raid by counter-terrorist
officers. Police said they had
not found any hazardous mate-
rials or made any arrests.

Neighbors said he appeared
friendly but reserved.

"This individual didn't have
any contact with people," said
Massood Akhtar, 58.

The bombings have brought
more unwelcome attention to
Luton, an English town of
200,000 with a large Muslim
population and an unwanted
media reputation as an extrem-
ist crucible.

There have been several ter-
rorism arrests in the town in
recent years. On July 7, 2005,
four bombers gathered there
before taking a train to London
and blowing themselves up on
the transit system. Last year,
Luton was the site of a small
but widely covered protest in
which a handful of Islamists
picketed a homecoming parade
for British soldiers returning
from Iraq, holding up signs
accusing the men of being
"butchers" and “baby-killers."

It also has been targeted for
demonstrations by the English
Defense League, a far-right
group that claims to oppose
Islamic extremism, but which is
accused by opponents of being

den maybe 10 years ago.”

He also said Swedish security
was not "a Stasi organization"
engaged in analyzing people's
Facebook pages. Sweden's
Department of Justice said that
a team of FBI bomb experts
had been dispatched to the
Nordic nation to help analyze
the explosives.

A British official who spoke
to AP on condition of anonymi-
ty because of the sensitivity of
his work would not comment
on whether Abdulwahab had
been on the radar as a suspect-
ed terrorist. But he said all
threats stemming from contro-
versial cartoons of the Prophet
Muhammad — cited by the sus-
pect as a motive for the attack
— were being closely investi-
gated.

Lars Vilks, whose 2007 depic-
tion of the Prophet Muhammad
has drawn regular threats from
extremists, told The Associat-
ed Press he was shocked that
suicide bombings have come to
Sweden.

"It's a little unreal that we
have such a case here," he said,
adding that police had increased
their presence outside his home
following the botched attack.

Law enforcement and intelli-
gence agents are now poring
over Abdulwahab's Facebook
page, along with his profile from
a Muslim dating website, for
clues to his mindset and move-
ments.

According to information on
the dating website muslima.com
— where Abdulwahab posted
a profile saying he was looking
for a second wife — he was
born in Baghdad and moved to
Sweden as a child in 1992. In
2001 he moved to Britain to
study at the University of Bed-
fordshire in Luton, near Lon-
don. The university confirmed
that a student with his name
and Swedish nationality gradu-
ated with a degree in sports
therapy in 2004.

What he did next is not clear,
but by late 2006 or early 2007 he
began attending the Luton
Islamic Center, a local mosque.
Its secretary, Farasat Latif, said
the newcomer was "very friend-
ly, bubbly — he was well liked."

But soon Abdulwahab began
making extremist statements
focused on "suicide bombings,
pronouncing Muslim leaders to
be disbelievers, denouncing

Muslim governments."

Mosque officials confronted
him about the statements, but
Latif said the radicalism con-
tinued.

"One day during morning
prayers in the month of
Ramadan — there were about
100 people there — the chair-
man of the mosque stood up
and exposed him, warning
against terrorism, suicide bomb-
ings and so on. He knew it was
directed at him. He stormed out
of the mosque and was never
seen again,” Latif said.

He said despite Abdulwa-
hab's extreme views “nothing
pointed to the fact that he was
going to do something stupid.”

In an audio message he
apparently recorded before the
attack — sent to the Swedish
security service and the TT
news agency — he apologized
to his family for misleading
them, saying "I never went to
the Middle East to work or to
make money, I went for jihad."

Authorities are still investi-
gating whether he acted alone
or had ties to al-Qaida or other
groups.

On Sunday, the al-Qaida

affiliated Shumokh al-Islam
website posted a message call-
ing Abdulwahab a "brother"
and quoting a prayer saying
"God let me die as you are sat-
isfied with me."

Lindstrand, the Swedish pros-
ecutor, said it appeared Abdul-
wahab was alone in executing
the blasts, but could have been
assisted by someone else in their
preparation. He said that
despite its apparent failure, the
bombing appeared to be well-
planned.

Abdulwahab's Facebook pro-
file shows a man interested in
both modern technology and
radical Islam, whose "likes"
included both "the Islamic
Caliphate state" and the Apple
iPad.

He had posted comments
against Shiites, whom Sunni
Muslims consider heretics, as
well as a link to a video showing
a dying man, maybe injured in
Chechnya, praying to God to
die as a martyr.

By this year, he was back in
Luton, living with his wife and
three young children in a semi-
detached house on a quiet
street. Police stood guard out-

racist.

The case will also focus atten-
tion once again on whether
British universities are doing
enough to combat Islamic
extremism among students.
Umar Farouk Abdulmutallab,
who tried to blow up a Detroit-
bound airliner with explosives
hidden in his underwear, also
studied in Britain.

Wherever he was radicalized,
Abdulwahab's justification for
the Stockholm attack focused
largely on Swedish issues.

The audio file sent shortly
before the blast from his cell
phone referred to Sweden's mil-
itary presence in Afghanistan
and an image by a Swedish
artist that depicted the Prophet
Muhammad as a dog, enraging
many Muslims.

A man's voice on the record-
ing says because of Sweden's
silence toward all this, "so will
your children, daughters, broth-
ers and sisters die, like our
brothers, sister and children
die."

The attack has shocked
Swedes, who cherish their coun-
try's image as an open, tolerant
society. But it could have been
far worse.

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM




Baha Mar to
award $45m.
in contracts
‘next week’

Puts out first $15m to
four Bahamian
construction companies,
with 300 direct

jobs - and 150 indirect -
set to be created

By ALISON LOWE

Business Reporter
alowe@tribunemedia.net

Baha Mar is set to issue the :

remaining $45 million worth

construction companies.

buildings by the companies,

resort, will create 300 jobs
“indirect”

tractors, suggested Baha

SEE page 5B

‘Bilateral’ WTO
member talks
to start ‘early
in New Year

US first up before
end of February, with
Bahamas’ goods offer
likely to be ready for
June 2011 working
party meeting

By NEIL HARTNELL
Tribune Business Editor

on its bid to accede to full
World Trade Organisation
(WTO) membership early in
the New Year, with the US
first up, as it bids to have its
initial goods (market access)
offer ready for June 2011’s
working party meeting.

Raymond Winder,
Deloitte &

the

upcoming talks timetable, yes-
terday urged the Bahamian

SEE page 4B

Old Fort Bay

THE TRIBUNE

usine

TD: E-Se Dy AaY

SECTION B ¢ business@tribunemedia.net

DECEMBER



14,



2010

Key CLICO asset

faces $78m claims

Some $72 due to insolvent insurer’s main affiliate, with

: $3m owed in real estate taxes and $2m to IRS

Liquidator believes IRS claim can be eliminated, as he

CLICO (Bahamas) main real

? estate asset has some $78.45
of first phase construction }
contracts for its $2.6 billion ;
Cable Beach redevelopment }

next week, as it yesterday

announced the signing of Let- ; in south Florida have alleged,

ters of Intent for $15 million | With two buyers still competing

in work with four Bahamian : ' acquire the development.

million in claims against it,
including some $72 million due
to the insolvent insurer’s main
affiliate, court documents filed

Filings by attorneys for CLI-

The construction of four | CO (Bahamas) liquidator, Bak-
: er Tilly Gomez partner and
a ? accountant, Craig A. ‘Tony’
robe Toeated within 828 | Gomer inte south Ford

i district bankruptcy court,
: : ? revealed that among the claims
directly and an estimated 150 | against Wclimgion Preserve,
spin-off jobs ? the project that accounts for 63
through the hiring of sub-con- { per cent of the insurer’s assets,
? is a $3 million real estate tax
? debt and $2 million alleged to
? be owed to the Internal Rev-

? enue Service (IRS).



CRAIG GOMEZ

Alleging that Wellington Pre-
serve was “in much better
shape” than other companies
in Chapter 11 bankruptcy pro-
tection in the US, largely
because the mortgage financ-
ing to purchase its real estate
had been paid-off in January

TARIFF EQUALITY UNDER

By NEIL HARTNELL

; ? Tribune Business Editor
The Bahamas is expected. }

to start bilateral discussions }

Freeport-manufactured

? products must attract the
i same tariffs as rival foreign-
? produced ones under World
i Trade Organisation (WTO)
i rules before they can enter
? other Bahamian islands, this
? nation’s chief trade negotia-
: tor said yesterday, adding that
? the Bahamas “can really take
_ Touche } advantage” of the Port area’s
(Bahamas) managing partner }
and this nation’s lead WTO ? based trading regime.
negotiator, outlining the

‘special status’ under a rules-

Raymond Winder, Deloitte

? & Touche (Bahamas) man-
i aging partner

and the

SEE page 4B

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| * Bahamas’ chief negotiator warns that Freeport-

: manufactured products must attract the same tariffs
_ as rival foreign-produced ones before they can enter
: other Bahamian islands
* Says Freeport can exist under rules-based trading

: regime, but Bahamas will have to implement ‘proper

controls’ to ensure compliance

: * WIO membership could help Bahamas ‘really take

advantage’ of Freeport by providing protection against
: trade barriers being imposed on this nation’s exports

awaits Letter of Intent from second potential buyer of project

: representing 63% of company assets

: By NEIL HARTNELL
? Tribune Business Editor

2010, Mr Gomez’s attorneys
said: “It owes approximately
two-and-a-half years of real
estate taxes or about $3 mil-
lion. It owes a few hundred
thousand dollars ($200,000) of
relatively minor claims; the
$1.45 million judgment; the
Internal Revenue Service has
filed an amended claim for
approximately $2 million which
is disputed.

“The remainder of its debt
consists of an amount in excess
of $72 million which had been
advanced to it by its parent,
CLICO Enterprises.” That is
the CLICO (Bahamas) affili-
ate that acted as the latter’s
vehicle for all non-insurance
investments, including Welling-
ton Preserve.

Mr Gomez and his attorneys

SEE page 4B

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‘Totally convinced’
Cable & Wireless is
Wim s KOR tuna

* BTC chair says nation has ‘no choice’ but to privatise
telecoms company, as government unable to fund it and
otherwise ‘strangling’ economy

* Key privatisation committee member: ‘I am absolutely
convinced that this deal will stand the test of time’

* Bahamian interests well-protected, with BTC’s problems
related to ‘plague’ of political interference over years

* Bahamas one of only five nations, including North
Korea, to maintain state-run telecoms monopoly this long

By NEIL HARTNELL
Tribune Business Editor

The Government-appointed pri-
vatisation committee is “absolutely
satisfied and convinced” that Cable
& Wireless (LIME) is the “best” pos-
sible buyer for a 51 per cent control-
ling interest in the Bahamas
Telecommunications Company
(BTC), on of its leading members
told Tribune Business last night,
adding that the company would
become a “flagship operation” amid

its extensive regional interests.
Explaining the rationale behind
the need to privatise BTC and why

JULIAN FRANCIS

Cable & Wireless was chosen as the
strategic partner, Julian Francis, who is also BTC’s chairman,
promised that the interests of the Bahamian government and

SEE page 4B



CONTRACTORS ASSESS
‘CONSUMERS CODE’

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

The Bahamian Contractors
Association (BCA) has been
given a January 18, 2011, dead-
line by the Government for
submitting its final suggestions
and comments relative to the
long-awaited Contractors Bill,
and is now hoping the legisla-
tion will go before Parliament
shortly thereafter.

Yesterday, the BCA treasur-
er and CGT Construction pres-
ident, Larry Treco, said the Bill
was “99 per cent” satisfactory,

Mid-January deadline

for Contractors Bill
feedback, with legislation
‘99%’ satisfactory

but the Association is paying
close attention in this last
review phase to the “Con-
sumers Code”, which was
included in the final draft pre-
pared by the Attorney Gener-
al’s Office.

SEE page 3B

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PAGE 2B, TUESDAY, DECEMBER 14, 2010 THE TRIBUNE
‘Mixed bag’ in
hotel industry

The Bahamas Hotel
Association’s (BHA)
president has said that
while most tourism indi-
cators inched up in 2010,
the year has been “a
mixed bag of revenue
gains, higher operating
costs and global uncer-
tainty”.

Addressing its 58th
Annual General Meet-
ing., Robert Sands said:
“Indicators in general
moved closer to our 2008
pre-recession benchmark.
Projections for next year
show continued marginal
growth as we slowly pull
out of one of the most dif-
ficult economic periods in
decades.”

He pointed to measures
which have been put in

ROBERT SANDS place in 2010 by the public

and private sectors, which

should steer the industry out of the doldrums quicker than

many competitors. These include major airport infrastruc-

ture improvements in Nassau and Abaco and the liberali-

sation of the telecommunications industry, which should

bring about improved services at lower costs in the coming
years.

Mr Sands added that “room rate integrity has largely
been maintained throughout the recession, better position-
ing many hoteliers as they climb out of the recession and
begin to see a return to profitability. Many hoteliers have
learned in these lean years how to do more with less”.

Airlift

Efforts by the Ministry of Tourism and Aviation over
the past several years towards increased airlift and reduced

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fot cay fa] ; 2010. Group business, which all but disappeared in 2009, is

ee , a t slowly returning, and advanced bookings for 2011 are
f “hes promising.

4 “Easier and more affordable airlift to the Family Islands,
eer ei critical to their development, showed signs of improvement
> ewan hie as the Ministry of Tourism and private sector’s work in
i several islands generated additional lift, better positioning

those islands for growth in 2011” Mr Sands said.
Despite the reasons for cautious optimism, he pointed
out that members continued to be straddled with high ener-

& . "
j \ » i
L , s\ .
4 ie 7 rl ad a» gy costs and, with BHA’s help, are taking a more earnest
\ .

= look at how to be more efficient.
\ i) ; At the policy level, BHA has recommended a series of
changes which would stimulate greater efficiencies.
Bl ac kBe (Ty. f or “In the midst of struggling to re-grow our business and
« capture market share, this year industry was faced with the

sober realities of the Bahamas Government’s fiscal dilemma.
With few options to raise essential revenue, the hotel room

eC V eC O eC tax jumped from six to 10 per cent and the departure tax
increased by $5 effective July 1, 2010.

“Businesses also saw increases in electricity costs and
connected anuytinne... anyhere..

new taxes imposed to support unemployment insurance
and a national drug prescription program” according to the

—— BHA president.
As “Industry successfully argued for some measure of relief
7 Fey to the room tax increase for pre-paid business and to address
other matters of concern to the industry, some which are
Ww rT E LES 5 presently being considered by the Government.

“Without question, these continue to be difficult times for
both the public and private sectors. We are faced with the
multiple challenges of generating business while minimising

our operating costs, improving service and improving our

CALL BIC 225-5282 aroduct.”
www.btcbahamas.com Despite the challenges, Mr Sands called on members to be
www book.com mybte optimistic about the future, adding: “With the foundation-
face kK. f — al steps which have been and are being undertaken, an
emerging interest in tourism investments in the Bahamas,
and with sound industry leadership I am confident about our

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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
THE TRIBUNE

TUESDAY, DECEMBER 14, 2010, PAGE 3B





Retail sales picture
is mixed for Xmas

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

Retail operators are reporting mixed
sales levels for Christmas 2010, with sev-
eral describing top lines which show little
improvement or even a decline over last
year, while others have noticed a spike in
consumer spending.

Heather White, of the Linen Shop,
located on Bay Street, said sales this year
have been “quite flat”.

“We certainly haven’t had a surge of
local business. It’s not up to par - proba-
bly not quite as good as last year was.
We're living in hope that the next couple
of weeks might bring something,” she
said.

Peter Phillips, owner of the Brass and
Leather Shop, which has branches down-
town, the Mall and in Abaco, as well as
Fendi, told the same story.

“Tt’s flat at this point. Our company
could not say we’re seeing an increase
and it’s a no-brainer that we’re down
from three years ago.”

However, Mr Phillips expressed his
hope - like other retailers - that beyond
government pay day, December 16, sales
may pick up.

“We’re optimistic that the Christmas
rush will happen. Typically, towards the
end of this week we should see some-

FROM page 1B

BCA President Stephen Wrinkle, who
has called the Contractors Bill the BCA’s
“number one priority”, praised the inclu-
sion of the Consumers Code at a recent
BCA press conference, calling it “extreme-
ly strong and stringent (with) harsh penal-
ties for contractors that violate” its provi-
sions. He said it would "hold contractors
accountable for their actions", and help to
combat fraud and "shoddy workmanship"
that have "plagued" the sector.

Nonetheless, Mr Treco, who spoke with
Tribune Business following a press confer-
ence yesterday in which it was announced
that his company, CGT Construction, had
won a contract to build the new police and

AIBT DONATES TO EDUCATION TRUST

DONATION: Pictured (left to right) are Kenwood Kerr, Providence Advisors; Dorothy Hilton, SG Hambros

thing happening,” he said.

At popular clothing store, Tommy Hil-
figer, whose proprietor also owns the
Fab Finds giftstore, which has locations in
Lyford Cay and Harbour Bay, opera-
tions manager Etienne Christen said sales
at Tommy Hilfiger in the Mall at
Marathon “are on par with last year”.

Mr Christen said the company is “cau-
tiously optimistic for this Christmas sea-
son, having heard a lot of Bahamians
expressing that they're going to shop
locally this Christmas to help sustain
Bahamian jobs”.

The operations manager said the com-
pany anticipates sales will be “about the
same or a little stronger this year” than
last, “and that’s what we’re seeing”.

Good news for the company came in
the form of increased sales at Fab Finds
compared with Christmas 2009. The store
had only recently opened prior to Christ-
mas last year, and Mr Christen attrib-
uted the bump in sales this year to the
company “diversifying our gift offerings,
strengthening our marketing initiatives
and people now being familiar with our
two locations set up and enjoying the
convenience it brings, especially consid-
ering Nassau's traffic situation”.

Meanwhile, at Kelly’s Home Store,
senior buyer Susan Glinton gave a posi-
tive assessment of the retail environment.

She told Tribune Business: “Things

CONTRACTORS ASSESS ‘CONSUMERS CODE’

fire station at Cable Beach, suggested that
the code is what is taking up most of the
BCA’s attention as it seeks to finalise its
input to the Government on the Bill prior
to the January deadline.

“It’s something we hadn’t seen before, so
we have to read it closely. Other than that
the Bill itself is basically 99 per cent, we’re
just doing very minor changes to that,” he
explained.

“We are meeting with the Ministry of
Works, the Attorney General’s Office,
architects - there are many differnet groups,
and we are just really trying to dot the ‘’s’
and cross the ‘t’s’ to make sure all the word-



Bank & Trust; and David Thain, AIBT chairman.

The Association of International Banks &
Trust Companies (AIBT) has donated $8,000
tothe Financial Community Advanced Tech-
nical Education Trust (FCATET), which pro-
vides financial awards for professional study

for young Bahamians.

These professional courses typically are not
associated with financial services, and recent

vides management services.

awards include financial support for diplomas
in Marine Mechanics, Air-Conditioning and
Diesel Technology. The AIBT has always had
a strong educational focus, being one of the
FCATET?’s founders, and its chairman. SG
Hambros Bank and Trust are trustees of
FCATET, while Providence Advisors pro-

have been going very well so far. I don’t
know if it’s up or down from last year, :
but we’ve been busy; sales have been

very steady.”

Like Mr Philips, Mrs Glinton added
that she expects a rush by consumers }

post-December 16.

“Government pay day is always a i
major thing. So many Bahamians are }
employed by the Government, so from }
that point on you can really see a big }
rush. Also, Bahamians tend to leave }

things to the last minute,” she added.

In a press release issued in the first
week of December, Robert Stevenson, }
manager at the Mall at Marathon, sug- :
gested “brisk early Christmas shopping” :

~ PMTO HEADLINE
BUSINESS OUTLOOK



HUBERT INGRAHAM

has been taking place at the Mall, accord- }

ing to reports from store managers, ;
adding that the Mall’s Dollar Plus Store }

in particular is “booming”.

In an interview with Tribune Business,
Mr Stevenson added that foot traffic at :
the Mall, where security has been }
“beefed up” for the season, has been }
“about the same” as 2009 so far this }

December.

However, Mr Stevenson said he antic-
ipates “tens of thousands” more shop- }
pers to visit the Mall in the run up to }
December 25, adding that five new stores ;
have opened or are set to open prior to }
Christmas at the Mall, creating added

interest.

ing is correct, and to make sure that if there ;
are some things which need to be revisited }

that we do that.”
The Contractors Bill allows for greater

regulation of the construction industry, ;

with registration of contractors, along with

verification of their qualifications and capa- }
bilities. It is expected to make it easier for }
Bahamian contractors to be considered for
work by foreign investors, including Baha :
Mar, as there will be independent validation }
of their experience and ability to complete }
a particular job. The Bill will enhance con-
sumer protection by making contractors }

more accountable for shoddy work.

career potential.

Job Duties:

company

Requirements:

Prime Minister Hubert A. Ingraham will be the keynote
speaker at Bahamas Business Outlook (BBO) 2011. Under
i the theme Diversifying The Bahamian Economy: Fact, Fiction
or the Real Alternative?, the conference is scheduled to take
place on Thursday, January 13, 2011, at the Wyndham Nassau
Resort.

Following the Prime Minister Ingraham will be speakers on
a range of subjects including tourism, financial services, agri-
? culture, telecommunications, oil exploration, entrepreneur-
ship, a discussion of the Sir Stafford Sands’ economic model, as
well as a special focus on Grand Bahama.

Joan Albury, president of The Counsellors, its organisers
BBO 2011 will focus on new ideas and solutions to strengthen
the Bahamian economy over the long-term.

“While we don’t presume to reject or belittle the core indus-
i tries that have served us well over the years, in these troubled
: times there is clearly a need for us to seriously consider and dis-
cuss compatible industries and opportunities that we can devel-
op for the benefit of all Bahamians,” Mrs Albury said.

i Inarecent address to the Rotary Club of West Nassau, Mr
? Ingraham said signs of economic recovery were now becoming
evident in the Bahamas. Among indicators cited by the Prime
Minister were increased foreign direct investment, improve-
i ments in the tourism industry’s performance year-on-year and
? a levelling off of unemployment and lay-offs.

i During the BBO forum on January 13, it is expected that the
i Prime Minister will provide the business community with a
detailed update on the state of the economy and lay out his gov-
? ernment's fiscal thrust for 2011.

Now in its 20th year, the annual Bahamas Business Out-
look is an economic development initiative conceived by The
? Counsellors. Interested persons may register online at
i http://www.tclevents.com or contact Eileen Fielder at tele-
i phone (242) 322-7505/1000.

HANG SENG BANK (BAHAMAS) LIMITED

We seek high-calibre individuals to help us expand our business
in a dynamic market. This is an opportunity to join a winning
team that contributes to the Bank's success and offers good

Compliance Officer

Monitor the Bank’s daily operation to ensure compliance
with relevant regulatory requirements and AML policies
Implement regulatory and Group requirements on compliance
monitoring and AML

Prepare report and statutory returns for submission to Group
Compliance and external regulators

Act as the regulatory and legal liaison for and between the
Bank’s operations in The Bahamas and Hong Kong parent

A University Degree in Business Administration, Law or
other relevant qualifications

Minimum of six year’s experience in financial institutions,

preferably

in managerial or supervisory role.

Proven working experience in compliance monitoring and
AML, with good knowledge on regulations and related

Kerzner executive lo lea hotel houly

A senior Kerzner Inter-
national executive has been
elected as the Bahamas
Hotel Association’s (BHA)
president for 2011, replac-
ing outgoing incumbent
Robert Sands, the longest-
serving president in BHA
history. Stuart Bowe, who
currently oversees the oper-
ation of 1,116 rooms as the
general manager of
Atlantis’s Coral and Beach
Towers, has more than 20
years of hotel management
and leadership experience.

The leadership team elect-
ed with Mr Bowe at the
BHA’s annual general meet-
ing (AGM), and who will
steer the 220-member
organisation throughout
2011, includes as senior vice-
president Stephen Kaeppel-
er, general manager of Cape
Eleuthera Resort and Yacht
Club.

The new vice-president
representing Nassau-Par-



STUART BOWE

adise Island hotels will be
Pablo Torres, general man-

ager of the British Colonial
Hilton, while his counter-
part for the Family Islands is
Shavonne Darville, owner
of Gems at Paradise on
Long Island.

Michael Weber, manag-
ing director for the Radis-
son at Our Lucaya, will
serve as vice-president for
Grand Bahama. Peter
Maguire of the Lyford Cay
Club was re-elected as trea-
surer, with Frank Comito
continuing as executive vice-
president. These will all
serve on the BHA executive
committee, along with Mr
Sands. Mr Bowe said:
“BHA has played an invalu-
able role in the development
of our industry and our
nation, and I look forward
to continuing in that tradi-
tion, working closely with
our new leadership team
and drawing upon the input
and support of our mem-
bers.”

statutory requirements
Strong self motivation, with good communication and
interpersonal skills

Please send us a full resume, including personal particulars,
employment history, present and expected salary and contact
phone number to

Country Manager
P.O. Box N-3019
Nassau, The Bahamas

Application Deadline: 31 December 2010

Applicants who are not contacted within one month may consider
their applications unsuccessful.

All information provided by applicants will be used strictly in
accordance with the employer's personal data policies. Applicants
may be considered for other suitable positions within the Bank
and its related companies over a one-year period, after which
their personal data will be destroyed.



TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
PAGE 4B, TUESDAY, DECEMBER 14, 2010

THE TRIBUNE





Key CLICO asset
faces $78m claims

FROM page 1B

alleged that the IRS claim,
which the US federal tax col-
lection agency had recently
increased, would be objected
to by the liquidator. They
believe “the end result will be a
substantial reduction, if not
elimination, of the claim”.
The Bahamian accountant
had been given time to bring
Wellington Preserve’s tax
returns up to date, as the com-
pany “had not books or
records” when he took over in

early 2009, “and its past
finances are being learned
through discovery from banks,
affiliates and former attorneys”.

Discovery document requests
served on these entities had
enabled Mr Gomez to re-file
or file Wellington Preserve’s
tax returns for 2005-2007, and
information to prepare returns
for 2008 and 2009 had also been
obtained, with a further 60-day
extension needed to obtain
these.

Among the institutions Mr
Gomez is seeking documents
and information from are

Wachovia Bank, SouthTrust
Bank, Citibank, Barclays Bank
and Caribbean Money Market
Managers, according to the
court filing.

There is a also a glimmer of
good news for CLICO
(Bahamas) policyholders and
creditors when it comes to
Wellington Preserve’s sale, Mr
Gomez’s attorneys stating that
another Letter of Intent from a
potential buyer is set to be
received shortly, competing
with a draft indicative offer
received already from another
party. [Mr Gomez] is currently

prospective buyers,”

respect to the second.”

completing a “re-platting” to
allow for a 60-acre equestrian

centre that will increase its val- i
ue and sale price of the remain- }
? implications for both heavy and light manufacturers/producers

ing lots.

‘Totally convinced’ Cable &
Wireless is best BTC partner

FROM page 1B

people had been “well protected”, and
pledged: “I am absolutely convinced that
this deal will stand the test of time.”

Telling Tribune Business that the
Bahamas stood among an uncomfortable
five-country minority out of 200 nations,
that minority also including the Stalinist
state of North Korea, “that still adhere to a
government monopoly for driving your
telecoms sector, Mr Francis effectively said
that given this nation’s fiscal position and
economic development needs, there was
no alternative to finding a well-resourced,
multinational partner for BTC.

Pointing out that BTC’s many problems
had been caused by consistent interference
from Bahamian politicians over successive
decades and administrations, Mr Francis
described London-based Cable & Wire-
less (parent company of LIME) as having a
presence in 38 countries, some $3.5 billion
in assets, and a business footprint - fixed
landline, cellular, Internet and broadband
- that perfectly fitted BTC’s own.

Pointing out that Cable & Wireless Com-
munications has some 600,000 clients glob-
ally, Mr Francis told Tribune Business: “It
was exactly the profile of BTC, has a major
footprint in the Caribbean by being in 13
countries, and the Bahamas is the only
country in the region where it does not
have a major presence.

“We have been looking at them from
the time they contacted us at the begin-
ning of the year, and came to the position
where they were a credible entity, a public
company in the UK, and we met the whole
management structure from throughout
the region - Jamaica, Barbados and
Trinidad.

“We became increasingly comfortable
that not only were they well regarded and
a major player, exactly what BTC needs,
but came to an agreement for a plan for
BTC consistent with what the Government
was looking for - a major entity to take
BTC forward, maintaining the integrity of
BTC, putting emphasis on Bahamian man-
agement, developing an operation in the
Bahamas that in some respects will be a
flagship operation for LIME and Cable &
Wireless.”

With the Government, its privatisation
committee and LIME still negotiating the
final terms of the latter’s $210 million pur-
chase of a 51 per cent BTC stake, Mr Fran-
cis said: “We thought, and feel very strong-
ly, and are absolutely satisfied and con-
vinced this is by far the best alternative to
take BTC forward, no question about that.

“T am not sure there is anywhere a better
fit for BTC”, he added, even the likes of
AT&T, Verizon or Rogers Communica-
tions in Canada.

Mr Francis told Tribune Business that
Cable & Wireless (LIME) had initially
approached the privatisation committee in
early 2010 to see if there was a possibility it
could become involved in the BTC process,
having decided not to enter the initial bid-
ding in mid-2009.

However, the privatisation committee
only started formal negotiations with Cable
& Wireless in July 2010, after first obtain-
ing Cabinet permission. Talks also began
after the committee had rejected the final
two bids of the four that emerged from the
initial bids - the One Equity Partners/Voda-
fone consortium, and the Atlantic Tele-
Network/CFAL grouping.

Explaining the rationale for BTC to be
privatised, Mr Francis, a former Central
Bank of the Bahamas governor, said the

Bahamian government had not done a
good job in running the company, and that

politicians.

structure, training and

alone operators anywhere in the world.

“It's really difficult to understand why f Freeport as a potential exporter, because one of the things that
some peopledmagiie the hice paras i I believe has prevented Freeport from moving forward is that
inibee ean: eee a: ? why would a company set-up a $50 million facility to produce

ae : 2 ., | goods for country A, when there is nothing to stop country A
this nation, simply lacked the financial } Fran imoene trade Mapedimente?
resources required to fund the electronic } P 8 P :

the exception,”

communications industry themselves.

electricity, water and sewerage.

“We are challenged in a major way by }

these demands, and wisely the Govern- } “T really think Freeport can be more competitive than it cur-

i? rently is in terms of attracting other light industries.”

ment has come to the realisation that,

where it can transfer responsibility to the } “ aA Ee al 4 S IT
private sector successfully, where you have i all around the world”, thus facilitating its potential as a shipping,
a credible buyer/operator, have them oper- } transshipment and distribution hub. This, the chief WTO nego-
ate with a policy/vision you are comfortable }
with, and where they are committed to the i
broader development of the country, it’s

something anyone sensible would jump Winder said.

upon.”

And Mr Francis added of the BTC pri- }
vatisation: “The Bahamas really has no }
choice. We have to do it, because if not }
we're going to be strangling our economy in }
one respect.” He added that it was critical i
for a services-based economy such as the }
Bahamas, with its tourism, financial ser-
vices and legal services, to have top-notch }

communications infrastructure.

MINISTRY OF PUBLIC WORKS & TRANSPORT

NOTICE

CLOSURE OF LITTLE AND DEEP CREEKS BRIDGES

SOUTH ANDROS

The Ministry of Public Works and Transport wishes to advise the motoring
public in South Andros that road works will be carried out on the approaches
to Little and Deep Creek Bridges to prepare for upcoming bridge repairs.

The works will be carried out from December 14" to cen 2010

between the hours of 10:00AM to 2

200 PM d

aily.

Due to the nature of

the works, the bridges will be closed to motoring traffic during these hours.

The Ministry of Public Works apologizes for any inconvenience and delays caused.

Ms. Colebrooke

South Andros Administrator

Adminsitrator’s Office
Kemps Bay
Phone: (242) 369-4567

For further information, please comlact:

Director of Public Works

Department of Public Works

P.O. Box §-6156
John F. Kennedy Drive
Nassau, Bahamas
Phone: (242) 302-9525

Colin Higgs
Permanent Secretary

Ministry of Public Works & Transport



TARIFF EQUALITY UNDER

wro FOR FREEPORT FIRMS

FROM page 1B

? Bahamas’ chief negotiator in the WTO accession process, told
? Tribune Business that while Freeport and its ‘free trade zone’
i status could exist under the WTO’s global rules-based trading
? mechanism, “proper controls” and other changes would have

2 teak, ; i to be implemented.
in negotiation with two ;
his attor- | Winder told this newspaper. “The only big challenge, big dif-

neys said. “One of them has ; ference is that products manufactured in Freeport will have to

submitted a non-binding Let- | enter the rest of the Bahamas on the same terms and conditions

ter of Intent, over which nego- } as foreign products coming into the Bahamas.

tiations are continuing. A Let- }
ter of Intent is awaited with : ; ;
? come into the Bahamas, and a foreign company sets up a man-
As for Wellington Preserve i ufacturing facility in Freeport to make the same product, that

itself, some 18 of the 120 origi- } product is not allowed to go into the rest of the Bahamas with-

nal lots have been sold. with { Cut incurring the same level of tariff.”
the development currently } L
? proper controls and mechanisms to ensure products manufac-

? tured in Freeport are not moving into the rest of the Bahamas

“A Freeport-type environment is permitted in the WTO,” Mr

“Tf a foreign product is charged a tariff of 35 per cent to

He added: “Freeport can exist, but we will have to have

without incurring the proper tariff rate.”
Thus acceding to full membership in the WTO will have

? currently enjoying the tax benefits Freeport has to offer, espe-
i cially those firms that export a significant percentage of their
i output to other Bahamian islands. The imposition of tariffs, as
i demanded by the WTO, will inevitably increase the cost of
i their products to Bahamian consumers, reducing their com-
i petitiveness.

Still, Mr Winder said the WTO could also enable the

: Bahamas and the private sector, including both domestic and
i foreign-owned companies, to maximise Freeport’s potential
i as a manufacturing, exporting and distribution hub.

He explained that, to date, by remaining outside the WTO’s

i rules-based trading system, including its trade dispute resolu-
i tion and arbitration capacities, Bahamas-based exporters were
it had been “plagued” by interference from

exposed - and had no easily available recourse - if other coun-

i tries suddenly imposed trade impediments that made it difficult

Telecoms companies today required } for this nation’s products to enter their market.

huge and continuing investment in infra- ;
new 7 uncertainty, had discouraged more major manufacturers and

technology/products, pointing out that this | multinational corporations from establishing operations in

had also resulted in there being few stand- Freeport, Mr Winder suggested to Tribune Business.

The possibility that this might happen, and the resulting

“What I do hope is that we can really take advantage of

“That’s where we are today. Every industry in the Bahamas

“They require the private sector to do is exposed to impediments to prevent the Bahamas from tak-
that,” he explained. “The Bahamas does j ing advantage of those industries. We are exposed, and we
nee have The ss herewithal. ie ate strug- } don’t know where we are likely to be hit again. As a small coun-
gling today to provide infrastructure in try, we need to protect ourselves. We need to maximise our
i potential, but ensure these processes happen.”

The Deloitte & Touche (Bahamas) managing partner added:
Freeport’s large harbour had the ability to “take ships from

tiator said, also led into Freeport acting as a ‘finishing’ hub for
products that were imported in a semi-finished state.
“We can truly begin to look at that as a real opportunity,” Mr

‘Bilateral’ WTO member talks
fo start ‘early in New Year’

FROM page 1B

private sector to supply himself and the Government with as
} much data on their needs and companies as possible, telling Tri-
; bune Business his success “hinges” on their responsiveness.

Pointing out that the Bahamas had held preliminary discus-

i sions with key trading partners when it submitted its Memo-
i randum of Trade Regime to the Geneva-based WTO last year,
? formally kicking-off the process for full membership acces-
? sion, Mr Winder said: “Early in the New Year, we’re really
i going to start the bilateral discussions, the first being the US.”

He added that talks with the US were likely to take place
“some time before the end of February”, with both himself and

the Government in the meantime setting themselves the goal of
: collecting - and analysing - as much data from the Bahamian pri-
i vate sector as possible.

This is with a view to the Bahamas being ready to submit its

initial goods/market access offer by June 2011, when it returns
? to Geneva for a meeting with the Working Party handling its
i membership application.

Confirming that this nation had to complete its goods offer

by then, Mr Winder told Tribune Business: “In June, we’re
: anticipating going for the next Working Party meeting in Gene-
; va, so we should have the goods offer before then.

“This all hinges on making sure we get sufficient details and

data from the private sector.”

Negotiate

The Bahamas will have to negotiate its WTO membership

i through the specially-formed Working Party, chaired by
? Jamaica’s Dr Peter Black, which will be comprised of repre-
i sentatives from its main trading partners - the US, Canada
? and the European Union (EU) ete - and all other nations that
i have an interest in trading with it.

Asked about the likely impact once the Bahamas becomes a

i full WTO member, Mr Winder told this newspaper: “I do not
i think the business landscape will change significantly. Where we
: will have changes, they will result in only minimal loss of jobs
? and minimal loss of enterprises.”

Pledging that he, the Government and other negotiators

? would do everything possible to ensure the Bahamas emerged
? from the WTO accession process in the ‘net benefit’ column, as
i opposed to the ‘net loss’ column, Mr Winder said that by being
? outside the global rules-based trading system all Bahamian
? industries were “currently exposed” to having trade barriers
? imposed on their export products without any recourse.

“Tt’s a net benefit to have that insurance protection,” Mr

Winder said of WTO membership, with its dispute resolution
? mechanisms. “Being involved with the WTO is a net benefit to
i the existing business environment.

“The second level of protection is that because we have not

invested in the infrastructure related to doing business in the
i Bahamas, being in the WTO arena will cause us to have a
i competitive edge relative to other countries.”

Here, Mr Winder means that by upgrading the laws, policies,

? regulations and other infrastructure as a result of meeting
i WTO standards, the Bahamas will position itself on a more
? competitive footing. “In terms of loss of production, I can
? assure you that we will not enter the WTO if, at the end of the
i day, there will be a huge net loss of employment,” Mr Winder
i said, adding that the Government would not alter its taxation
? structure until an alternative mechanism - one which ensured
i no revenue losses - was in place.

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
THE TRIBUNE

TUESDAY, DECEMBER 14, 2010, PAGE 5B



Baha Mar to award $45m in contracts ‘next week’

FROM page 1B

Mar’s executive vice-president of
construction and development, John
Dunlap.

At a press conference held yes-
terday at the Sheraton Nassau Beach
Resort, it was revealed that Baha
Mar had signed conditional letters of
intent with John F Dunn and Asso-
ciates to build the new Fidelity Bank
facility; with Osprey Developers for
the Commonwealth Bank branch;
with Cavalier Construction Compa-
ny for the new Scotiabank facility;
and with CGT Construction for the
new police and fire station facilities.
All of these facilities currently exist
along the Cable Beach strip but have
to be relocated to accomodate the
resort’s layout.

Having received final approval
from the Bahamas Investment
Authority to proceed with the pro-
jects, Baha Mar’s contracts are “sub-
ject to final approval (from the
Bahamian government) as well as
the close of the loan facility (from
the China Export-Import Bank)”,
said Baha Mar president, Don
Robinson.

Baha Mar’s vice-president of
external and governmental affairs,
Robert Sands, confirmed that the
closing of the China Ex-Im Bank

loan awaits the final approval from
the Bahamian government and the
finalisation of an amended Heads
of Agreement for Baha Mar.

Mr Sands noted that the company
has “received Bahamas Investment
Authority approval, which is the
most important approval”, while the
amended Heads of Agreement,
which takes into account the “new
partners” involved in the project,
“should be done imminently”.

“Those documents are necessary
for closing with China Ex-Im Bank,
and so we want to fast track and
make that happen before the end of
the year,” said Mr Sands.

Mr Robinson agreed with Mr
Sands, adding: “With the sheer vol-
ume of documents that we have to
co-ordinate and again between our-
selves, the Government and our
partners in China, it’s more of a
logistical problem than anything else.
We are just trying to get through
that.”

Despite these outstanding mat-
ters, Mr Dunlap said Baha Mar exec-
utives anticipate the close of the loan
facility in December, and following
this would be targeting mid-January
for ground breaking on site by the
four construction companies.

Initial set-up for work on the
“core” project, which will include

the new hotel towers to be built by
general contractor, the China State
Construction and Engineering Com-
pany, should then get underway
within three months of work begin-
ning on the non-core phase, said the
executive - around March or April -
if all goes to plan.

To facilitate this component of the
construciton, which will be done pri-
marily by Chinese workers, a pre-
fabricated facility to house up to
5,000 people is to be set up shortly in
the area of the old Hobby Horse
grounds, Tribune Business has
learnt. Set up of this facility will
involve a “combination” of both
Chinese and Bahamian labour, it has
been suggested.

Speaking about the selection of
the four firms announced as partici-
pants in the non-core project yes-
terday, Mr Dunlap revealed that
they were selected from among 13
who bid on the works, with a mini-
mum of three bids received for each
of the four building projects, includ-
ing from contractors in the Family
Islands.

“There was an excellent reception
or bid spread of qualified parties, as
is the case in future works as well,”
said Mr Dunlap.

As to how many smaller contrac-
tors may receive sub-contracts

through the awarding of these larger
contracts, Mr Dunlap said that
“although vague, the reality is that it
is numerous. We’re not able to iden-
tify them today but you know the
opportunities are embedded in how
the jobs are run”.

Osprey Construction Company
president, Thomas Whitehead, said:
“On a typical project this size we
would use anywhere up to 12, 14
sub-contractors.

“There’s roof tiling, tiling in bath-
rooms, sheet rock work and electri-
cal - a lot of these companies are
made up of three, four or five peo-
ple. After the larger contractor gets
going they will win these jobs from
the larger contractors.”

On the importance of the signing
to his firm yesterday, Larry Treco,
president of CGT Construction, said:
“It’s quite significant to us because
the construction industry has been at
an all-time low, and I think most
contractors were actively pursuing
work. Although it’s not huge con-
tracts it’s a significant amount
because of the lack of work out
there.”

Mr Treco added that he feels the
commencement of Baha Mar “will
cause a lot of other things to hap-
pen”.

“A lot of companies and individ-

uals are waiting for something to
happen, and we think this will be
the trigger to set off a lot of financial
investments and a lot of construc-
tion projects. We think there’ll be a
lot of spin offs - many managers will
be coming in and they’ll require
housing, so that’s another aspect -
it may cause other housing to be
built,” he added.

Meanwhile, Mr Sands revealed
that an announcement will be made
next week about the awarding of the
remainder of the $45 million allotted
for the first phase construction. This
is likely to include the road re-rout-
ing project, which will see a new ‘u’-
shaped road dubbed “corridor sev-
en” built to replace the portion of
West Bay Street that runs past the
current hotel properties.

Mr Robinson added that Baha
Mar has “launched a series of town
hall meetings in the Out Islands so as
to inform and assist all local con-
tractors wishing to participate in this
mega-project”.

“Baha Mar is committed to an
open-bidding process for all con-
struction work, so as to ensure equal
opportunity for all contractors who
can meet the qualifications, safety,
timing and work quality demanded
by its project schedule and brand
standards,” he said.

HOPES FOR SENATE PASSAGE OF TAX DEAL LIFTS STOCKS :

NEW YORK, AP

Expectations that a tax cut package will pass the Senate and a
round of corporate deals pushed stocks higher Monday. Bond

yields fell after touching their highest levels since June.

Deals announced Monday include General Electric Co.'s $1.3 bil-
lion acquisition of British oilfield company Wellstream Holdings
PLC and Dell Inc.'s $960 million purchase of network storage :
company Compellent Technologies Inc. Shares of GE fell 0.2 per- }

cent to $17.68. Shares of Dell fell 3.3 percent to $13.43.

The tax cut compromise brokered by the White House and }
Congressional Republicans was scheduled for its first vote in the }
Senate on Monday afternoon. Lawmakers expect it to pass easily. :

If enacted, the package will extend tax cuts passed during the }

Bush administration for all income levels for another two years.

ARE YOU ON TRACK?

FIN AN CIAL aes

7 QUESTIONS TO ASK YOURSELF

DAVE CARPENTER,
AP Personal Finance Writer

7s

It's unusual for someone to feel financially well-prepared for
retirement.

That's due partly to the poor performance of stocks over the
past decade. But mostly it's due to people not socking enough
money away or planning ahead.

Here are some questions to ask yourself to help determine
whether you're on track to a financially secure retirement:

1. How much will I need to retire?

A rough guideline is that you'll need to replace 75 to 85 percent
of your pre-retirement income in order to maintain the same
lifestyle. Social Security will help, although it probably won't
be enough; the average monthly check is only $1,160. Visit
www.ssa.gov to estimate your retirement benefits.

2. Am I saving enough?

Guessing isn't good enough. At a minimum, plug in some
numbers at a free online retirement calculator. AARP has a
recently updated a calculator at www.aarp.org, and the Employ-
ee Benefit Research Institute also can help you generate a quick
ballpark estimate at http://choosetosave.org/ballpark. Others
include those offered by leading financial services firms such as
Fidelity, Charles Schwab, Principal Financial and Vanguard.

3. How much can I withdraw during retirement?

The 4 percent rule advocated by many financial planners holds
that if you withdraw no more than 4 percent of your portfolio in
the first year of retirement and then increase that amount for
inflation each year, your money should last at least 30 years.
That rough guideline takes into consideration the role of expect-
ed earnings on your portfolio as well as inflation.

To estimate what you'll need to save for the first year of retire-
ment, multiply what you'll need to withdraw from your account
by 25 (this equates the amount to 4 percent). So if you anticipate
needing $50,000, you should have $50,000 times 25, or $1.25 mil-
lion saved.

4. Am I burdened by too much debt?

Make it a priority to pay off your mortgage and any other
major obligations before you retire. But if you're paying more
than about a third of your pretax income on all debts, you've
probably borrowed too much. Consider how you can cut back to
increase savings.

5. Do [have the right mix of investments?

A long-held rule of thumb is that you should subtract your age
from 100, and put that percentage of your savings in stocks and
the rest in bonds. But with lifespans increasing, many advisers say
that's too conservative and leaves you at risk of falling behind
inflation and running out of money. Some suggest subtracting
your age from 120 instead.

6. Do Ihave an estate plan?

Long before retirement, everyone should have an up-to-date
estate plan with a will, beneficiaries for all accounts, a durable
power of attorney, a health-care proxy or living will and possibly
trusts for any minor children.

7. Am I properly insured?

An unexpected setback could derail your plans. Make sure
you're up to date on life, disability, homeowners and liability
insurance. And consider getting long-term care insurance in
your 50s or early 60s. Figure out which coverage would be the best
fit by checking sites such as that of the National Clearinghouse for
Long-Term Care Information, www.longtermcare.gov.



Google, Apple
shares rise after
judge tosses suit
NEW YORK

Shares of Google and
Apple edged higher in pre-
market trading after a federal
court judge dismissed a patent
lawsuit against the tech giants
brought by Microsoft Corp.
co-founder Paul Allen.

U.S. District Court Judge
Marsha Pechman in Seattle
threw out Allen's patent
infringement claims Friday.
Pechman said Allen wasn't
specific enough in identifying
which products had violated
his intellectual property
rights. Google Inc. shares rose
$5.78, or 1 percent, to $597.99
ahead of regular trading
Monday, while Apple Inc.
climbed $4.83, or 1.5 percent,
to $325.39.

Others targeted in the suit
include Facebook Inc., eBay
Inc., Yahoo Inc., Netflix Inc.,
AOL Inc., Office Depot Inc.,
OfficeMax Inc., Staples Inc.
and Google-owned YouTube
LLC.

The Eden Centre

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was able to move around with no problem. I recommend this
treatment for persons who want results and doa mot want to
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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM


PAGE 6B, TUESDAY, DECEMBER 14, 2010

THE TRIBUNE





Would-be Haitian
contractors are
missing out on aid

MARTHA MENDOZA,
AP National Writer

In a Port au Prince ware-
house loaded with tarps, ply-
wood, corrugated roofing, nails
and other building supplies,
company owner Patrick Brun
says he had hoped to get con-
tracts from the billions of dol-
lars in international aid
promised to Haiti.

His 40-year-old company,
Chabuma S.A., sells cement
blocks, doors, sand bags and
other materials for internation-
al companies. But what he
wants is a more significant role
in his country's recovery, which
is why he says he keeps bidding
— without success — for USS.
government contracts.

"You can imagine that if we
can't win the contracts our-
selves, we become totally
dependent on foreign compa-
nies and nonprofits, and there is
not much hope in that,” he said.
"We may not have the extend-
ed capacity of a U.S. company,
but we are respectable. We
keep good books and records,
we have foreign suppliers, we
have good credit, we pay our
taxes and our customs dues."

Out of every $100 of USS.
contracts now paid out to
rebuild Haiti, Haitian firms
have successfully won $1.60,
The Associated Press has found
in a review of contracts since
the earthquake on Jan. 12. And
the largest initial U.S. contrac-
tors hired fewer Haitians than
planned.

There are many reasons for
the disparity. Among them, US
AID is more familiar with some
USS. contractors and gave out
some no-bid contracts out of
urgency, and fears the corrup-
tion that is rife in Haiti. On the
Haitian side, there is a limited
understanding of U.S. govern-
ment practices.

But using foreign aid to give
local companies contracts is one
of the most important aspects
of reconstruction, says Clare

Gila oaon
ara GIRO Tars



INTERNATIONAL
BUSINESS

Lockhart, chief executive offi-
cer of the Institute for State
Effectiveness.

"You can't just provide man-
ual jobs. You need to contract
with companies so that the mid-
dle tier managers and owners of
companies have a stake in the
legal system and rule of law,
and ultimately a stake in the
success of their political system
and their economy," she says.

Of the 1,583 U.S. contracts
given so far in Haiti totaling
$267 million, only 20 — worth
$4.3 million — are going to
Haitian-owned companies. And
an audit this fall by US AID's
Inspector General found that
more than 70 percent of the
funds given to the two largest
USS. contractors for a cash for
work project in Haiti was spent
on equipment and materials.
As a result, just 8,000 Haitians a
day were being hired by June,
instead of the planned 25,000
a day, according to the IG.

The contractors, Develop-
ment Alternatives Inc. of
Bethesda, Md. and Chemonics
International of Washington
D.C., which received more than
$31 million each in no-bid con-
tracts, responded to AP in an
email saying that together with
several other contractors, they
had employed 25,000 Haitians a
day. Now, they said, 10 months

ry
i}



(AP Photo/Dieu Nalio Chery)

RUBBLE TROUBLE: Haitian Patrick Brun, owner of a company that distributes construction supplies, poses for a photo at a house damaged
by the Jan. 12 earthquake in Port-au-Prince, Haiti, Saturday, Dec. 11, 2010.

after the earthquake, “priori-
ties have evolved beyond a
focus on temporary employ-
ment," a program that has paid
Haitian workers $18 million in
wages.

US AID says it is committed
to increasing the amount of
contracts going to Haitians.

"We already are engaging
with Haitian communities to
make them aware of how they
can partner with us," said Jan-
ice Laurente, a spokeperson for
US AID.

Jobs

Economists say giving con-
tracts to local businesses cre-
ates jobs, which help build the
private sector. Also, most
donors would rather see local
businesses thrive than foreign
companies profiting from a dis-
aster.

Harvard Business School
economist Eric Werker, who
researches foreign aid, says the
spillover effects go beyond the
aid itself.

"Some are obvious, like
salaries and profits that stay in

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the local economy, but there
are also ways to increase capac-
ity of local firms by giving them
progressively larger contracts,”
says Werker. But there are
many hurdles to signing a con-
tract with Haitians.

The first is a no-bid process:
25 percent of the contracts went
directly to U.S. contractors
without even giving Haitians a
chance to bid on them, some-
times because the needs were
so urgent there wasn't time to
go through a formal bidding
process. In addition, some gov-
ernment requests for local Hait-
ian subcontractors and exper-
tise are published only in Eng-
lish, limiting access for many
Haitians who speak Creole.

Also, at times of catastrophe,
it can be easier to use an estab-
lished contractor with a strong
record than a previously
unknown local one. The Hait-
jan economy was so decimated
by the earthquake that it was
hard at first even to get wood or
traps for shelters without
importing them. Now, even
though there are Haitian com-
panies providing many prod-
ucts and services, the pattern
of using foreign ones continues.

And finally, it's more com-
plicated to contract directly in
countries like Haiti, where cor-
ruption is rife. There has been
price-gouging among some
would-be Haitian contractors.

The unprecedented promise
of $9 billion in aid, with the
U.S. as a top giver, at first
raised hope of rebuilding and
even of a new and brighter
future for the tragedy-prone
island. But fewer than 10 per-
cent of those funds have made
it past the "promise" stage.

While Chemonics and DAT
are the largest single recipients,
the bulk of the funds have gone
to beltway contractors as well:
firms in Virginia received the
most funds of any state, $45.3
million, followed closely by
Maryland, $44.6 million.
Another $31.7 million went to
companies based in the District
of Columbia.

The U.S. foreign aid con-
tracts to Haiti since the earth-
quake have gone to an array of
almost entirely U.S.-based
goods and services, from bul-
let-proof vehicles ordered Nov.
18 by the Centers for Disease
Control from a Miami-based
firm to $24,000 in dental sup-
plies for US Navy medical
providers in June from a Chesa-
peake, Va. firm. Yet bullet-
proof vehicles and dental sup-
plies are available from Hait-
lan companies, according to the
nonprofit Peace Dividend
Trust.

"Frankly, it's a shame and a
serious opportunity lost," says
Edward Rees of the Peace Div-
idend Trust. His organization
put together a business portal,
offering everything from secu-
rity services to catering, and is
training Haitians on how to bid
for contracts and grants. "No
one is systematically tracking
how many contracts have gone
to Haitian companies.”

The lack of local spending in
Haiti is similar to that in most
other countries receiving USS.
aid, although economist Werk-
er said Haiti is likely at the low
end of the spectrum. But Rees
contrasts Haiti with
Afghanistan, where — backed
by Peace Dividend Trust —
US. Army General David H.



(AP Photo/Dieu Nalio Chery)
WEIGHED DOWN: A Haitian woman, carrying a bucket with goods to sell, walks by a house damaged by
the Jan. 12 earthquake in Port-au-Prince, Haiti, Saturday Dec. 11, 2010.

Petraeus ordered his comman-
ders to "Hire Afghans first, buy
Afghan products, and build
Afghan capacity."

The results in Afghanistan
are encouraging: A recent study
found that 37 percent of $2 bil-
lion in annual international aid
is now being used to buy local-
ly-produced Afghan goods and
services, up from 31 percent a
few years ago.

The AP review focused on
contracts from the U.S. gov-
ernment, which spent an imme-
diate $1.1 billion in ULS.
humanitarian assistance after
the earthquake, and promised
another $1.15 billion for recon-
struction. In November, the
first $120 million of the pledged
reconstruction funds were tran-
ferred to the World Bank-run
Haiti Reconstruction Fund,
according to the State Depart-
ment. In addition to govern-
ment aid, more than $1 billion
has come from nonprofit char-
ities, most of which try to buy
local, said Samuel A. Wor-
thington, president of InterAc-
tion, the largest alliance of U.S.-
based international non-
governmental organizations. He
represents nonprofits manag-
ing about 90 percent of the U.S.
donations that were directed to
Haiti after the quake.

Worthington says there is no
system to count how much has
gone to Haitian-owned compa-
nies. "There is a very strong
bias to ensure as much local
procurement as possible, and
as much spending in the local
economy,” says Worthington.
"Our bottom line is to serve as
many people as possible and
get the best price, to spread
those dollars.”



=

=
(AP Photo/Dieu Nalio Chery)

BUILDING BLOCKS: A Haitian man removes debris from a house damaged by the Jan. 12 earthquake in
Port-au-Prince, Haiti, Saturday Dec. 11, 2010. Out of every $100 of U.S. contracts now paid out to rebuild
Haiti, Haitian firms have successfully won $1.60, The Associated Press has found in a review of contracts
since the earthquake on Jan. 12. And the largest initial U.S. contractors hired fewer Haitians than
planned. There are many reasons for the disparity. Among them, US AID is more familiar with some U.S.
contractors and gave out some no-bid contracts out of urgency, and fears the corruption that is rife in Haiti.
On the Haitian side, there is a limited understanding of U.S. government practices.

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
THE TRIBUNE



TUESDAY, DECEMBER 14, 2010, PAGE 7B



ECB boosted
sovt bond-buying
to ease the crisis

GABRIELE STEINHAUSER,
AP Business Writer
BRUSSELS

The European Central Bank
stepped up its purchases of
bonds from governments with
shaky finances in early Decem-
ber, but analysts said the bank's
intervention was too small to
calm markets fears that the gov-
ernment debt crisis will claim
further victims.

Surging government debts
have already pushed Greece
and Ireland into seeking multi-
billion bailouts this year, testing
the resolve of the 16 countries
that use the euro to keep the
currency union together.

On Monday, the speaker of
the Slovak parliament, Richard
Sulik, added to the crisis atmos-
phere by saying his country
needed to be ready to abandon
the euro and switch to its for-
mer currency if the debt crisis
hits further countries.

Although the comments
were quickly rejected by the
Slovak finance ministry, they
are a sign of the opposition to
expensive bailouts among some
policy makers and citizens of
some of the euro area's more
fiscally stable countries.

Slovakia, one of the euro-
zone's smallest members, only
joined the euro in Jan. 2009,
but has already indicated its dis-
comfort with the crisis by refus-
ing to contribute money to a
eurol110 billion ($148 billion)
bailout for Greece by the other
euro members and the Inter-
national Monetary Fund.

The ECB's reluctance to
spend heavily to prevent the
crisis from potentially taking
down Portugal and Spain —
viewed by many as the next
weakest link in the currency
union — will keep the pressure
on European leaders to find a
political solution to the debt
crisis when they meet Thurs-
day and Friday in Brussels.

Data published Monday
showed that the ECB bought
euro2.667 billion ($3.55 billion)
in government bonds in the
week ended Dec. 10. That's the
biggest weekly purchase since
July and up from eurol.965 bil-
lion a week earlier, but way
below the euro4 billion to
eurol6 billion a week the cen-
tral bank spent on government
bonds in May and June.

By buying up the bonds of
vulnerable countries like
Greece, Ireland, Spain, or Por-
tugal the ECB stabilizes their
prices and yields, or interest
rates. Those rates indicate how
much a government would have
to pay if it were to raise money
in the debt markets.

By propping up bond prices,
the ECB also takes pressure off
banks, which hold government
bonds as buffers against finan-
cial shocks.

Many market participants
think the ECB's bond purchas-
es have been the main reason
for a stabilization in European
debt markets this month, but
analysts said Monday they
might have fallen short of
expectations.

"T would imagine that the
market will see this as a bit of a
disappointment,” Jonathan
Loynes, chief European econ-
omist at Capital Economics in
London, said of Monday's fig-
ure. "It's helping a little bit at
the margins but it doesn't look
like the kind of action that
would solve the crisis on its
own."

Jean-Claude Trichet, the
head of the ECB, said on Dec.
2 that the Frankfurt-based bank
would continue buying the
bonds of highly indebted gov-
ernments, after a euro67.5 bil-
lion bailout of Ireland failed to
soothe fears that the debt crisis
might force Portugal or Spain
into seeking international help.

Yields on the bonds from
Portugal and Spain fell sharply
following Trichet's statement,



(AP Photo/Paul White)

CRISIS POINT: Spain’s Finance Minister Elena Salgado speaks on her
cell phone at the Senate in Madrid Monday Dec. 13, 2010 during a
debate for the 2011 budget. Ratings agency Moody’s said Monday it
was keeping a negative outlook on Spanish banks because their cap-
italization, profitability and access to market funding are expected to
remain weak amid Europe’s unresolved financial crisis. The agency
expects the banks’ credit conditions to stay difficult for at least 12
months as Spain weathers fierce market pressure amid speculation
it might need a bailout like Ireland and Greece.





INTERNATIONAL
BUSINESS

but have been creeping up
again in recent days.

The yield on Portuguese 10-
year bonds closed at 6.29 per-
cent Monday, down from euro-
area highs of around 7.4 per-
cent in late November but still
too high to allow the country
to refinance its debts in the
long-run. The yield on equiva-
lent Spanish bonds stood at 5.46
percent Monday, not far off
their 5.5 percent high late last
month.

High yields are a sign of
investor concern over a coun-
try's ability to repay its debts.

Since the ECB started its so-
called Securities Markets Pro-
gram in May — in the wake of
the euro110 billion bailout of
Greece — it has bought euro72
billion in government bonds.
The ECB started out by buy-
ing more than eurol6 billion in
the first week of the program,
but hadn't spent more than
euro2 billion a week since ear-
ly July.

Even though the Securities
Markets Program is modest
compared with government
bond purchases by other central
banks, it was been criticized by
several members of the bank's
governing board, who fear that
the ECB is yielding to political
pressure to use its financial
muscle to contain the debt cri-
sis.

Trichet has emphasized that
the ECB's purchases are not
intended to bail out over-
spending governments, but to
ensure its monetary policy —
focused on keeping inflation in
check — reaches the markets.

By comparison, the U.S. Fed-
eral Reserve has said it will buy
$600 billion in government
bonds on the coming months
to boost economic recovery.

Some economists have been
pushing the ECB to do more
to stop the crisis, while others
want eurozone governments to
increase the region's euro750

billion ($1 trillion) financial
backstop or even issue pan-
European bonds.

Even though the euro67.5
billion bailout for Ireland has
used to up less than 10 percent
of the total fund — the euro110
billion Greek rescue loan was
provided separately — analysts
have raised concerns that there
might not be enough money to
shore up the finances of Spain
or Italy, Europe's fourth and
third largest economies.

That concern also appeared
to trigger Sulik's comments in
an opinion piece for Slovak
business daily Hospodarske
Noviny.

Sulik said it was "high time
for Slovakia to stop believing
in what euro zone leaders say
and prepare a Plan B. That is
the reintroduction of the Slo-
vak koruna."

The speaker said Slovakia
was too small to influence the
how the 16-country eurozone
is run, but added: "We must at
least protect the values that
people living in Slovakia have
created.”

A spokesman for the Slovak
finance ministry said leaving
the euro "is not on our agen-
da." Martin Jaros said "the
Finance Ministry has been
focusing on the creation of rules
at the EU level to ensure bud-
getary responsibility.”

Sulik declined to comment
further Monday. A spokesman
for the EU's monetary affairs
commissioner Olli Rehn
declined to comment on the
speaker's piece.

Slovakia's economy is
expected to grow by 4.1 per-
cent this year, more than any
other eurozone member,
according to the latest EU pre-
diction.

Sulik heads the new Free-
dom and Solidarity party that is
part of the four-party, center-
right governing coalition creat-
ed after June's general elec-
tions.

While a government can the-
oretically pull out of the com-
mon currency, economists say
leaving would be difficult and
costly from a practical stand-
point, involving changing soft-
ware, automatic teller machines
and cash registers as well as
printing new money — as did
the monumental logistical effort
involved in adopting the euro.

Additionally, some say it
could provoke a financial cri-
sis as investors sell assets ahead
of the redenomination, and
cause the country to face polit-
ical animosity from other euro-
zone members.

Greek labour reform triggers strikes

GLOBAL ECONOMIC NEWS

AT 8 Wt

A look at economic developments and activity in major stock markets

around the world Monday:

(AP Photo/Petros Giannakouris)

TRANSPORT PROTEST: People flag down taxis during a public transport strike in Athens on
Monday, Dec. 13, 2010. Workers at public transport services and a state-owned bank began
strikes Monday, starting off a week of protests against a shake-up of labor rules in crisis-hit
Greece. Transport services in greater Athens halted for more than six hours, a day before par-
liament was due to vote on the proposed changes that include deeper pay cuts for employees
at state companies and a reduction of collective bargaining rights in the private sector.

BRUSSELS — The European Central
Bank stepped up its purchases of bonds from
governments with shaky finances after Ire-
land's bailout failed to stabilize markets.

The ECB bought 2.67 billion euros ($3.55
billion) in government bonds in the week
ended Dec. 10. That's the biggest weekly
purchase since July and up from 1.97 billion
euros a week earlier.

ROME — Italian Premier Silvio Berlus-
coni looked for support from lawmakers as a
no-confidence vote looms in parliament, and
warned that bringing down his government
risks plunging the country into financial insta-
bility.

TOKYO — Japan's government said it
would cut the country's hefty corporate tax
rate by 5 percentage points in a bid to stim-
ulate the economy and help Japanese busi-
nesses stay competitive.

SHANGHAI — China's leaders wrapped
up an annual economic planning meeting
with a pledge to cool surging inflation while
shifting the economy toward more stable,
balanced growth.

Asian markets got a boost. The Shanghai
Composite Index gained 2.9 percent, Japan's
Nikkei 225 stock average closed up 0.8 per-
cent and South Korea's Kospi added 0.5 per-
cent.

Hong Kong's Hang Seng index rose 0.7
percent, Australia's S&P/ASX 200 inched
0.2 percent higher and stocks in Taiwan,
India and Thailand also rose.

European markets also rose. Britain's
FTSE 100 closed up 0.8 percent, and Ger-
many's DAX added 0.3 percent and France's
CAC-40 gained 0.9 percent.

BRATISLAVA, Slovakia — Slovak Par-
liament speaker Richard Sulik said his coun-
try needs to be ready to abandon the euro

and switch to its former currency if the euro
debt crisis hits more countries.

Sulik said the current bailout system could
work for Greece, Ireland and maybe Portu-
gal, but could hardly rescue much larger
Spain and Italy.

BERLIN — A German research institute
says it has revised its growth forecast for the
country’s economy upward to 3.7 percent in
2010 and 2.5 percent in the coming year.

LONDON — The deputy governor of the
Bank of England says the outlook for domes-
tic growth "remains highly uncertain" and
more measures may be needed to feed a
recovery.

ATHENS, Greece — Workers at public
transport services and a state-owned bank
went on strike in Greece, starting off a week
of protests against a shake-up of labor rules.

MADRID — Ratings agency Moody's said
it was keeping a negative outlook on Spanish
banks because their capitalization, prof-
itability and access to market funding are
expected to remain weak amid Europe's
unresolved financial crisis.

BEIJING — American lawmakers are
pressing China for action on currency and
high-tech trade in talks this week, and a
planned Washington visit by President Hu
Jintao next month has raised hopes Beijing
might offer concessions.

SEOUL, South Korea — Comments by
South Korea's president that unification with
rival North Korea is approaching have high-
lighted that policymakers should be ready
for any eventuality, central bank Gov. Kim
Choong-soo said Monday.

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PAGE 8B, TUESDAY, DECEMBER 14, 2010

THE TRIBUNE



Big Obama-GOP tax bill |
facing first Senate hurdle |

DAVID ESPO,
AP Special Correspondent
WASHINGTON

Last-minute legislation to avert a Jan. 1
increase in income taxes for millions
approached its first Senate hurdle on Mon-
day, propelled by an uneasy and unusual
alliance linking the White House and top
lawmakers in both parties.

Senate leaders predicted the measure
would gain the 60 votes needed to clear
the way for final passage within a day or
two.

"We're telling the American people to
keep money that's rightfully theirs, so they
can spend it and invest it as they please,”
said Senate Republican Leader Mitch
McConnell, R-Ky., shortly before the vote.

In a jab at Democrats, he added, "This is
an important shift, and the White House
should be applauded for agreeing to it.”

Sen. Max Baucus, D-Mont., who chairs
the Senate Finance Committee, said, "This
bipartisan compromise is about creating
jobs. Extending middle class tax cuts will
help create jobs. ... Job creation needs to be
our number one priority.”

The bill would provide a two-year
reprieve in the tax increases scheduled to
take effect on Jan. 1 at all income levels,
reduce Social Security taxes for every wage
earner in 2011 and extend an expiring pro-
gram of jobless benefits for the long-term
unemployed. The estimated cost, $858 bil-



lion over two years, would be added to
already-huge federal deficits.

The measure represents a reach across
party lines after two years of political com-
bat in which Republicans wanted a perma-
nent extension of all the tax cuts enacted
when George W. Bush was president, while
Democrats insisted rates be permitted to
rise on incomes over $200,000 for individ-
uals and $250,000 for couples.

Despite the bipartisanship in the Sen-
ate, disgruntled House Democrats have
vowed to block a final vote unless the leg-
islation is changed to scale back billions in
relief ticketed to the wealthy.

"I think we're going to have a vote on the
Senate bill, with possible changes," House
Majority Leader Steny Hoyer, D-Md., said.
"We may have it with amendments, we'll
see what the process is."

The compromise emerged a week ago
after private talks involving the White
House and top leaders in Congress, includ-
ing Republicans who emerged from
midterm elections with significantly
increased strength.

In the days since, President Barack Oba-
ma has drawn strong criticism from liberals
unhappy that he agreed to changes in the
estate tax and income tax that will benefit
the wealthy. Firing back, he said failure to
compromise would produce gridlock at a
time the economy is still struggling to recov-
er from recession and unemployment is at
a persistently high rate of 9.8 percent.

LEGAL NOTICE OF DISSOLUTION






NOTICE

The administration's outgoing top eco- }
nomic adviser, Lawrence Summers, said in }
a speech a few hours before the vote that }
the agreement should increase consumer }
spending and help the economy "now and :

for the next several years."

On the other end of the political spec- }
trum, some conservatives have spoken out }
against the bill, saying that the renewal of }
jobless benefits should be offset by spend- }

ing cuts elsewhere in the budget.

In fact, even supporters of the bill were at :
pains to point out parts they found objec- ;

tionable.

Baucus singled out the decision to leave }
tax rates unchanged on upper income earn- }
ers. Sen. John McCain, R-Ariz., highlight-
ed a series of energy tax breaks added to }
the bill late last week, including an exten- }

sion of the federal subsidy for ethanol.

McConnell cited "the Democrats’ insis- }
tence that we borrow the money we need to }
pay for a further extension of unemploy- }
ment insurance. In my view, if both parties }
agree that the debt is a serious problem, we }
shouldn't be writing checks that we don't }

have the money to cover."

Many House Democrats objected strong- }
ly to achange in the estate tax that Repub- }
licans won as part of the deal. The first $5 }
million of a couple's estate could pass to }
million could be passed along for the } NEW YORE
spouse. The balance would be subject toa }

heirs without taxation, and an additional $5

35 percent tax rate.

ESSO NIGERIA (OFFSHORE REGIONAL TWO)

INTERNATIONAL BUSINESS COMPANIES ACT





(No.45 of 2000)

Nokhauchis Limited











Notice is hereby given that in accordance with Section
137 (8) of the International Business Companies Act, No.
45 of 2000, the Dissolution of Nokhauchis Limited has
been completed, a Certificate of Dissolution has been is-

LIMITED

NOTICE

Pursuant to the provisions of Section 137 (8) of the

sued and the Company has therefore been struck off the



Registrar. The date of completion of the dissolution was












16th November, 2010.

|
S| Piel ae hy
Pads
Cor ivi Licentiate, bre
I ar

International Business Companies Act 2000, notice

is hereby given that the above-named Company has
been dissolved and struck off the Register pursuant
to a Certificate of Dissolution issued by The Registrar
General on the 6" day of December, A.D., 2010.

Dated the 10th day of December, A.D., 2010.

Carol G. Gray
Liquidator of

ESSO NIGERIA (OFFSHORE REGIONAL TWO)

ESSO NIGERIA (OFFSHORE REGIONAL THREE)

LIMITED

NOTICE

LIMITED

ESSO NIGERIA (OFFSHORE REGIONAL FOUR)

Pursuant to the provisions of Section 137 (8) of the

International Business Companies Act 2000, notice

is hereby given that the above-named Company has
been dissolved and struck off the Register pursuant
to a Certificate of Dissolution issued by The Registrar
General on the 6" day of December, A.D., 2010.

LIMITED

NOTICE

Pursuant to the provisions of Section 137 (8) of the
International Business Companies Act 2000, notice

is hereby given that the above-named Company has
been dissolved and struck off the Register pursuant
to a Certificate of Dissolution issued by The Registrar

General on the 6" day of November, A.D., 2010.

Dated the 10th day of December, A.D., 2010.

Carol G. Gray
Liquidator of

Dated the10th day of December, A.D., 2010.

ESSO NIGERIA (OFFSHORE REGIONAL

THREE) LIMITED

Carol G. Gray
Liquidator of

ESSO NIGERIA (OFFSHORE REGIONAL FOUR)

ROYAL DFIDELITY

Moray at Work

BISX LISTED & TRADED SECURITIES AS OF:
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LIMITED

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C31 nod

EJ

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Change
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10.63
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10.46
2.40

0.00,
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0.00.

5.46
1.00
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Daily Vol.

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0.150

Div $

0.013
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1.050
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o.111
6.18s
-0.003
0.287
0.645
0.366
0.000
0.012
0.971
0.891





Ga Rei as
AFTER OPEC MEETING



(AP Photo/Hasan Jamali)
PRICES HIKE: Unidentified oil workers make adjustments
to increase a well’s production Wednesday, Dec. 8, 2010,
at a site in the Sakhir, Bahrain, desert oilfield of the Per-
sian Gulf.





Oil resumed its march to $90 a barrel on Monday after

OPEC left its crude output quotas unchanged, citing slowing
: demand and abundant supplies.

Benchmark crude for January delivery rose 82 cents to set-

tle at $88.61 per barrel on the New York Mercantile Exchange.

Oil prices bounced back following OPEC's weekend meeting

i in Ecuador, where oil ministers said they would keep produc-
? tion quotas unchanged. Even though that was expected, oil
i traders were glad to have it confirmed. "The market is focusing
: ... on the lack of desire to add more oil to quash higher prices,"
: JP Morgan analysts said in a note to investors.

While higher oil prices put more money in OPEC pockets,

: oil-producing countries worry that prices could go too high, fan
: inflation and slow the global economic recovery. "The ministers
: generally love existing prices,” energy consultants Cameron
: Hanover said in a report. "Some insiders have hinted at a quo-
} ta increase if crude oil prices break above $100 a barrel."

Oil prices were also helped on Monday by a weaker dollar.

Oil and other commodities are priced in dollars, so they become
? more attractive to buyers with foreign currency as the dollar
: retreats.

The energy markets are watching the Senate vote on extend-

? ing tax cuts. The bill would also extend unemployment benefits
? and reduce Social Security payroll taxes for a year, all of which
? are seen helping the economic recovery. As the economy
? recovers, demand for oil and gas is expected to improve as
: well. In other Nymex trading, heating oil added 0.77 cent to set-
: tle at $2.4652 a gallon. Gasoline gained 0.91 cent to settle at
$2.3184 a gallon. Natural gas picked up 0.3 cent to settle at
i $4.420 per 1,000 cubic feet.

NOTICE

NOTICE is hereby given that HOWARD CAMPBELL JR. of 982
LISKEARD AVENUE, P.O.BOX F42282, FREEPORT, GRAND
BAHAMA, 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 7th day of DECEMBER, 2010 to the Minister responsible
for Nationality and Citizenship, P.O.Box N-7147, Freeport, Bahamas.

ESSO NIGERIA (OFFSHORE VENTURES) LIMITED

NOTICE

Pursuant to the provisions of Section 137 (8) of the
International Business Companies Act 2000, notice

is hereby given that the above-named Company has
been dissolved and struck off the Register pursuant
to a Certificate of Dissolution issued by The Registrar
General on the 6" day of December, A.D., 2010.

Dated the 10th day of December, A.D., 2010.
Carol G. Gray

Liquidator of
ESSO NIGERIA (OFFSHORE VENTURES) LIMITED

ESSO (BM-S-ELEVEN) BRAZIL EXPLORATION
LIMITED

BISX LISTED DEBT SECURITIES - (Bonds trade on a Percentage Pricing basis)
Security Symbol Last Sale Change Daily Vol. Interest
Bahamas Note 6.95 (2029) BAH29 0.00 6.95%
Fidelity Bank Note 17 (Series A) + FBB17 0.00 7%
Fidelity Bank Note 22 (Series B) + FBB22 0.00 Prime + 1.75%
Fidelity Bank Note 13 (Series C) + FBB13 100.00 0.00 7%
Fidelity Bank Note 15 (Series D) + FBB15 100.00 0.00 Prime + 1.75%
RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)
Symbol Bid & Ask Last Prircre Daily Wal.
Bahamas Supermarkets 5.01 6.01 14.00
RND Holdings 0.35 0.40 0.55
CFAL Securities Ltd. (OQver-The-Counter Securities)
30.13 31.59 29.00
0.45 0.55 0.55
BISX Listed Mutual Funds
NAW. YTD%
1.5179 5.51%
2.9187 1.10%
1.5697
2.7108
13.2825
114.3684
106.5528
1.1367

S2wk-Hi S2wk-Low Maturity
20 November 2029.
19 October 2017
19 October 2022
30 May 2013

29 May 2015

99.46
100.00
100.00

NOTICE

EPS$
-2,.945
0,001

Div & Pre
0.000 N/M
0.000

Yield Pursuant to the provisions of Section 137 (8) of the
International Business Companies Act 2000, notice

is hereby given that the above-named Company has
been dissolved and struck off the Register pursuant
to a Certificate of Dissolution issued by The Registrar

General on the 29'" day of November, A.D., 2010.

256.6

ABDAB
RND Holdings

4.540
0.002

0.000
0.000

9.03.
261.90

NAV 3MTH
1.498004
2.919946
1.551550

NAV GMTH
1.475244
2.911577
1.532712

NAV Date
30-Nov-10
30-Sep-10
3-Dec-10
30-Nov-10
30-Nov-10

Fund Name

CFAL Bond Fund
CFAL MSI Preferred Fund

1.4954 CFAL Money Market Fund

2.8522 Royal Fidelity Bahamas G & | Fund
13.0484 Royal Fidelity Prime Income Fund
101.6693 CFAL Global Bond Fund

99.4177 CFAL Global Equity Fund

1.0000 FG Financial Preferred Income Fund
FG Financial Growth Fund
FG Financial Diversified Fund
Royal Fidelity Bah Int'l Investment Fund Principal
Protected TIGRS, Series 1
Royal Fidelity Bah Int'l Investment Fund Principal
Protected TIGRS, Series 2
Royal Fidelity Bah Int'l Investment Fund Principal
Protected TIGRS, Series 3
Royal Fidelity Int'l Fund - Equities Sub Fund

Last 12 Months %
6.90%
3.13%
4.18%
-4.96%
-0.14%
12.49%
7.18%
5.21%
6.87%
5.78%

1.4076
2.8300
4.15%
-13.03%
Bone Dated the 8th day of December, A.D., 2010.
a hoes
2.75%
4.18%

109.392860
100.779540

107.570619.
105.776543

30-Jun-10
30-Sep-10
31-Oct-10
1.0974
1.1363

31-Oct-10
31-Oct-10

1.0000
1.0000.
9,1005

9.7950 4.85% 5.45% 30-Nov-10

10.0000

Carol G. Gray
Liquidator of
ESSO (BM-S-ELEVEN) BRAZIL EXPLORATION
LIMITED

10.6417 1.20% 0.50% 30-Nov-10
9.1708
9.6635 -3.37%
7.9442 2.94%
MARKET TERMS

YIELD - last 12 month dividends divided by closing price

Bid $ - Buying price of Colina and Fidelity

ASk $ - Selling price of Colina and fidelity

Last Price - Last traded over-the-counter price

Weekly Vol. - Trading volume of the prior week

EPS $ - A company's reported earnings per share for the last 12 mths

NAV - Net Asset value

N/M - Not Meaningful

FINDEX - The Fidelity Bahamas Stock Index. January 1, 1994 = 100

3.37%
6.47%

30-Nov-10
4.8105 30-Nov-10
BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00
52wk-Hi - Highest closing price in last 52 weeks
52wk-Low - Lowest closing price in last 52 weeks
Previous Close - Previous day's weighted price for daily volume
Today's Close - Current day's weighted price for daily volume
Change - Change in closing price from day to day
Daily Vol. - Number of total shares traded today
DIV $ - Dividends per share paid in the last 12 months
P/E - Closing price divided by the last 12 month earnings
KS) - 4-for-1 Stock Split - Effective Date 8/8/2007
S41) - S-for-1 Stock Split - Effective Date 7/11/2007

TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-7525

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM


THE TRIBUNE

TUESDAY, DECEMBER 14, 2010, PAGE 9B







The Tribune

O Dil



ea



ftn







10 secrets
for younger
looking skin

CAN someone in their twenties
or early thirties be affected by aging
skin? Of course they can. The
youthfulness of your skin is deter-
mined more by the way it has been
treated than age, in other words, if
your skin is exposed to environ-
mental aggressions, poor lifestyle
habits and a stressful life, your skin
starts experiencing real signs of
aging, loss of collagen, glow and
elasticity.

Here are 10 ways to prevent or
repair aging skin:
¢ Protect your skin from sun dam-
age, using an UVA and UVB pro-
tection. The number one cause of
aging is due to the sun.
¢ Quit smoking and avoid expo-
sure to cigarette smoke.
Researchers have proven that
smoking contributes significantly
to skin wrinkles and dryness by
constricting blood vessels and
decreasing oxygen to the skin
¢ Use an AHA or BHA (also
Known as retinols) daily. Alpha
hydroxy acids remove dead skin
cells. When used consistently it
can erase fine lines and remove up
to ten years off your skin. To
avoid sunburn it is important to
use sunscreens, when using
retinoids.
e Use an exfoliant at least once a
week. Exfoliants vary from a mild
scrub, to enzymes and chemicals
or acids. The type of exfoliants is
determined by one’s age and skin
type. If you're thirty and over,
chemical exfoliates such as glycol-
ic and salicylic acid works better
and faster.
e Use an eye cream daily with SPF
to protect the skin from the sun.
The eye area is very thin and one
of the first areas on the face to
age.
¢ Antioxidants supplements, key to
age prevention. Take oral and top-
ical antioxidants. Examples of
some antioxidants are vitamin c,
alpha lipoic acid and coenzyme 10.
¢ Get sufficient sleep. Sleep gives
the body an opportunity to rest,
rejuvenate, replenish, and regen-
erate itself. Any damage that is
done that could possibly con-
tribute to premature aging is
repaired during sleep. During
sleep free radicals are dissolved,
which are known to cause prema-
ture aging.
¢ Reduce levels of stress. The skin
reflects the general health of the
body, so what goes on inside is
eventually reflected outwardly.
Stress speeds up the aging process.
Stress and worry can cause frown-
ing; eventually the facial muscles
conform to that movement.
¢ Limit your intake of alcohol.
Alcohol dilates blood vessels,
overtime these blood vessels
become permanently damaged.
¢ Regular exercise program is
important, although it has many
physical benefits, it is eventually
seen on your face and help you
look younger, at any age.

A few extra points to fight aging
skin:

¢ Cleanse your skin gently, but
properly daily.

¢ Moisturise your skin, especially
at night.

¢ Stick to a healthy diet, a diet rich
in fresh fruits and vegetables.

e Drink at least eight glasses of
water.

¢ Hydrating your skin with nutri-
ents is increasingly important. Dry
skin is more prone to forming
wrinkles than any other skin type.
Essential fatty acids are unsaturat-
ed fats which are essential to the
diet because the body does not
produce them. Essential fatty
acids are found in vegetables, nuts
and some fish. Essential fatty acids
contribute to the health of the cell
membrane in order to prevent
damage of free radicals. Free radi-
cals are known primarily to cause
premature aging.

Kenya Mortimer-McKenzie
Esthetician/Ant-Aging Skin Care Spe-
cialist

Baha-Retreat Anti-Aging Spa

The importance of a
service dog changing lives

By ALESHA CADET
Tribune Features Reporter

ot only did Booster
| \ | save Davis Hawn's

Life, the service dog
became his best friend.
When Mr Hawn faced Post
Traumatic Stress Disorder,
Booster picked up the
pieces of the man’s shat-
tered life and changed his
life, they are now known

as a team!

After the terrible experience of
being diagnosed with Post Trau-
matic Stress Disorder, with Boost-
er's assistance, Davis Hawn of Pass
Christian, Mississippi was never
alone.

In an interview with Tribune
Health during his visit to the
Bahamas, Mr Hawn said the
Bahamas experience proved enlight-
ening for the disabled who could
use a dog like Booster to better their
lives. "It was also an opportunity to
express that we have more to fear
from man’s inhumanity to man than
we do from a dog.”

He continued: "I have never, ever
had a door closed to me and Boost-
er here in the Bahamas. The dis-
abled dollars are green and the dis-
abled often travel with an assistant,
two visitors. We need a safe place of
interest to visit and the Bahamas is
perfect. Good weather, friendly and
educated people with big smiles and
huge hearts. You are the small
nation with the big heart."

"T experienced fear in the form
of Post Traumatic Stress Disorder
so I understand fear. The reality of
life reveals that dogs pull us in
wheelchairs after we lose limbs or
experience paralysis."

Around the time of Disability
week 2010, Mr Hawn was greeted
Sheila Culmer who graciously invit-
ed him and Booster to address The
Bahamas National Council for Dis-
ability.

Mr Hawn explained that the pair

appeared on many television pro-
grams while in Nassau, including
Bahamas at Sunrise and Conversa-
tions with Etoille Pinder.

Speaking on some of the places
they have visited in the Bahamas,
Mr Hawn said: "We also attended
services at the Native Golden Gate
Baptist Church where Booster
demonstrated his skills to the con-
gregation which included many dis-
abled individuals."

"We were graciously gifted tickets
to the lighting of the Christmas tree
and witnessed the miraculous mer-
riment of children singing carols and
reciting poems. We also got a taste
of the one of a kind Junkanoo festi-
val that rivaled Disney in pageantry
and splendor. The following day,
we visited the awe inspiring
Bahamas Humane Society where
Booster entertained children while
I bathed a lonely, frightened pot-
cake who thanked me with a kiss
on the cheek. I knew how he felt
for I too once felt the same way due
to disabilities in my life.”

Mr Hawn added that his heart
goes out to the Bahamians because
every place they have gone they
were accepted. "They have trusted
us and its a new concept in the
Bahamas for the service animal.
They listen, they understand and
they give us the benefit of the doubt
and they give us public access,” he
said.

"We look at the dog as durable
medical equipment, our indepen-
dence in life and to separate a ser-
vice dog from its owner is like
throwing someone out of a wheel-
chair. Public access is crucial. The
dog can do no good if not allowed
public access with its partner.

"It's very important to stress the
idea that you do not have to look
disabled to be disabled. There is a
lot of potential in dogs to help peo-
ple, that people are not aware of
and rather than fear a dog, maybe
they should embrace the dog,” he
said.

Mr Hawn went on to say: "J owe
gratitude to the Bahamian popula-
tion for affording me a stress free



A-TEAM: Davis Hawn and his service dog Booster offers and helps the disability
in creating a way to a better life with the assistance of a service dog.

environment in which I could share
my experience and enjoy my life. I
thank Sheila Culmer for her decades
of working on behalf of the disabled

and inviting me to share my mes-
sage with the wonderful people of
the Bahamas who I hold so dear in
my heart.”

Caribbean Bottling Company brings
Christmas early to child cancer patients

By JEFFARAH GIBSON
Tribune Features Writer

FOR just one day, they didn’t
have to worry about injections, tak-
ing medications or anything associ-
ated with chemotherapy.

Thanks to the Caribbean Bottling
Company, who treated child cancer
patients to a fun day at Mario’s
Bowling & Family Entertainment
Palace, the little ones had an oppor-
tunity to give Santa Claus their
Christmas wishes, have fun with
their friends outside of the doctor’s
office, bowl and play exciting arcade
games.

For some of the kids it was their
first time at Mario’s Bowling &
Family Entertainment, as trips to
and from the doctors office do not
leave much time for leisure activi-
ties.

It was three year old Jayden
Lasister’s first time at the enter-
tainment center. He didn’t wasted
any time when it came to the
arcade games. His mother, Ruth
Lasister sat down with Tribune
Health and extended great thanks to
the Caribbean Bottling Company
for hosting the event. She said it
was a great idea because it allows
them to have fun under in a differ-
ent setting.

“This was Jayden’s first time at
Mario’s and he was so excited. I
think this is such a great idea
because last Christmas my son was
doing chemotherapy and we didn’t
even celebrate Christmas. I just did-
n’t get that chance to take him out
because when you have a child that
is sick you really don’t have the time
do a lot of things. But at this event
he got to have fun and see his
friends in a better setting as oppose
to seeing them at the doctor’s
office,” she said.

Cyndi Williams, customer service



Tim Clarke/Tribune staff

DONATION: Caribbean Bottling Company presented the Cancer Society with a cheque in the amount of two thousand three
hundred and fifty dollars on Saturday. Pictured from left Cancer Society board member Dr. Homer Bloomfield, Mario’s Bowl-
ing & Entertainment Palace Gregory Wilkinson, Customer Service & PR Manager, Caribbean Bottling Company (Bahamas)
Ltd Cyndi Williams Rahming and Manager of Finance, Caribbean Bottling Company (Bahamas) Ltd Cherfelt Wells.

and public relations manager, at the
Caribbean Bottling Company said
that they hope to make this an
annual event for cancer kids.

“We always hear of the high inci-
dence of cancer among adults but
nobody really focuses on the kids.
There are no tests done to see if
kids have cancer. Last year, we held
the same event because we wanted
to show the kids a great time around
this time of year. We just wanted
them to have fun and not think
about chemotherapy and we hope
to make this an annual event,” she
said.

During the day of fun, a dona-
tion of $2350 from the Caribbean

Bottling Company was made to the
Cancer Society of the Bahamas.

Dr Francis Williams member of
the board of the Cancer Society told
Tribune Health that the donation
will go towards purchasing porta
cathes, an implanted venous device
that makes the administration for
chemotherapy much easier for can-
cer patients.

“The porta cathes are a device
that are implanted under the skin
and if patients don’t get that they
will be on treatment for a very long
time. But if they do get the porta
cathes it allows them to get treat-
ment relatively easy,” he said.

He also said that this donation

makes the fight against cancer for
the organisation much easier. “Can-
cer for anyone is challenging. It has
been a challenge for us and this con-
tribution made by the Caribbean
Bottling Company makes the chal-
lenge much easier,” he explained.

President of the Cancer Society
Earle Bethell was also on hand and
said they will continue their efforts
to reach out to kids with cancer.

“T must say that we are most
appreciative for what the Caribbean
Bottling Company are doing. We
have to try and reach out to those
kids that are affected by cancer and
this is one way of doing so,” Mr
Bethell said.

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
PAGE 10B, TUESDAY, DECEMBER 14, 2010

BRIGHT: Mira-
sol (look at the
sun) peppers
are not very
ney eye) arly =
extremely

ate Nc Niele

ahamians in general are
B quite happy to enjoy

their meals with just
two kinds of pepper: bird and
goat. Bird pepper is added
raw, usually after being
mashed, as a condiment
while goat pepper is usually
added to dishes during the
cooking process.

We may not be able to enjoy true
true bird and goat peppers for much
longer. Hot peppers are easily cross-
pollinated and lose their distinctive
flavour. It is one of the rules of the
garden that one should grow sweet
peppers well away from hot peppers,
but the different varieties of hot pep-
pers will cross-pollinate and change
their essential characteristics.

Two years ago I grew some
Habanero peppers that should have
been really hot. Even though I had
them a fair distance from my sweet
peppers the Habaneros were disap-
pointingly mild and insipid. I also
have some ornamental Mirasol pep-
pers that over three generations have
completely lost their pepperiness.

Hot peppers can be divided into
those we use for flavour and those

Hot peppers

as

/

we use as ornamentals. Ornamen-
tals include Thai peppers that go
through green, yellow, purple,
orange and red stages, and strange-
ly shaped peppers like Peter pep-
per. You could use Thai or Peter
peppers to season food but they tend
to have mere heat without a distinc-
tive flavour. Black, brown and pur-
ple hot peppers often look ominous
but there are no poisonous peppers.

Perhaps the most prevalent hot
pepper in the US is the Jalapeno, a
pepper that grows easily and reach-
es four to five inches in length. The
Jalapeno used to be mild and very
flavoursome, but in recent decades it
has been turned into a mouth burn-
er. This is sad because there are
many peppers to choose from for
heat while few have a defining
flavour.

Two approximate substitutes for
bird peppers are Tabasco and Ser-
rano. Tabasco peppers are often
called ‘finger’ peppers and tend to be
squarish at the stalk end. Like bird
peppers, they give a sharp bite and
then fade quickly. Serrano peppers
are shaped like bullets and are real-
ly handsome. Many people use them
at the green stage for a milder
flavour but when bright red they are
meaty and a solid medium hot.

Very popular in recent years are
stuffing hot peppers. These tend to
be long and vary in pepper strength
from mild to medium hot. Anaheim,
Numex and the slightly more bul-
bous Poblano peppers are ideal for
slitting at the side, stuffing with a
savoury mixture that must include
cheese, then grilling or sweating
them until cooked and the cheese is
melted. Big Jim Numex is one vari-
ety I tried last year and it was perfect
for stuffing.

Ihave been very vague about pep-
per strengths because until 1980
there was no definitive way of mea-
suring the relative heat of differing
peppers. A scale of 1-10 was gener-
ally used with Banana pepper as 1
and Habanero 10. In 1980 a scientif-
ic method was employed using liquid

THE TRIBUNE




FUNNY SHAPES: Peter pepper fruits grow very irregularly and are odd ornamentals.

chromatography, accurate to two
parts in a million. The heat was mea-
sured in Scoville Units, named after
the inventor of the process. In Scov-
ille Units a bird pepper and Serrano
would measure 5,000 to 15,000 while
Tabasco would be 30,000 to 50,000
and Habanero or goat pepper over
100,000.

Years ago sports creams used for
sprains and aching muscles used to
be bland and odourless, but they
worked. The public demanded more
evidence of their effectiveness so the
manufacturers added wintergreen
to make it smell and hot pepper
extract to make it burn. Then in the
1990s came along sports creams
without smell or heat — just as they

once were.

The heat of hot peppers comes
from capsaicin in the connective tis-
sue within the pepper. Pepper seeds
do not produce capsaicin but their
proximity allows them to absorb cap-
saicin and makes them hot. By
removing the placental connective
tissue and seeds and using only the
flesh of the pod one gets the true
flavour of the pepper and reduces
the intensity of the heat.

Do not drink water if you have a
pepper attack. Capsaicin is absorbed
by oil so milk, ice cream or yoghurt
will be far more effective than water.

¢ gardenerjack@coralwave.com



First Care staff attends AHA Revision

HIV and you

REGARDLESS of a per-
son's HIV status, it is recom-
mended that one visits a den-
tist about every six months.
These regular visits allow the
dentist to find early signs of
decay, infection and disease
and to treat problems at a
manageable stage.

Studies show that cavities
in people living with HIV can
act as fungal reservoirs. There-
fore, treating cavities imme-
diately may reduce infections
like ‘thrush’ (ie mouth infec-
tion).

For proper care, it is helpful
for a dentist to know that you
are living with HIV because
there are certain conditions
that they will want to pay
extra attention to.

Finding a dentist who you
trust, who is supportive and
who can help you make
informed treatment decisions
is mandatory. If you do not
already have a dentist who
you trust and feel comfortable
with, consider a referral from
your doctor, a friend or an
AIDS service organisation.

ORAL CONDITIONS
OF HIV DISEASE

It is estimated that 90 per cent
of people with HIV will devel-
op at least one mouth condi-
tion related to HIV disease.
These conditions, such as
‘Candidiasis’ (ie thrush) and
‘Hairy Leukoplakia (ie. hairy
white plaque), may be the first
sign of immune suppression
linked to HIV infection, and
in many people, are the first
signals that lead doctors to
encourage HIV testing. Most
show up as lesions or sores
and can be categorised into
four types: abnormal cell
growth (cancer), bacterial,
viral and fungal.

1. ABNORMAL CELL GROWTH -
The most common cancers
associated with HIV which
can affect the mouth, include
Kaposi's Sarcoma and Lym-
phoma.

Kaposi's Sarcoma (“KS”) is
the most common AIDS-
related cancer reported in
about 15 per cent of people
with AIDS. Commonly KS is
on the skin, although over half
the people with it report oral
lesions as well. Sometimes
oral lesions that appear as
patches or swellings are the
first obvious sign. The roof of
the mouth is the most com-
mon site, but they also occur
on the gums, tongue and at
the back of the mouth, near



the throat.

Lymphoma is rarer than KS
and generally more serious.
Mouth symptoms, which may
simply be a small lump in the
mouth or near the tonsils, can
often be the first sign of lym-
phoma. The lesions include
firm masses and persistent
ulcers. It is possible to detect
this condition early by having
regular dental exams.

2. BACTERIAL INFECTIONS
- Some of the most common
mouth signs of HIV disease
result from overgrown bacte-
ria. Fortunately, these infec-
tions are among the easiest to
treat; but if left untreated or
detected too late, serious
health problems may occur.

Gingivitis is inflammation
of the gums (sometimes
accompanied by bleeding and
bad breath) caused by a bac-
terial infection. Periodontal
disease includes all diseases of
the gums, teeth and underly-
ing bone.

People living with HIV are
more at risk to these fairly
common conditions and may
also face more rapid and
severe forms of gingivitis and
periodontal disease. The
more severe forms include
Linear Gingivitis Erythema
and Necrotizing Ulcerative
Periodontitis, conditions that
occur almost exclusively in
people living with HIV.

3. VIRAL INFECTIONS - Mouth
conditions caused by viruses
can be painful and are rarely
fully cleared from a person's
body. There is, however,
effective therapy that can treat
current conditions and sup-
press future outbreaks.
Herpes Simplex Virus Type
I (HSV-1”), which causes
blisters on the lips, is fairly
common in the general popu-
lation and even more so in
people living with HIV. In
addition to sores on the lips,
HSV-1 can appear inside the
mouth, as "bubbles" on the
gums and in the mouth, often
in firmer tissue, like the roof
of the mouth. Herpes sores
can occur with fever, pain and
loss of appetite. They can
either be small and almost

painless or they can be trou-
blesome, extensive and per-
sistent.

Oral Hairy Leukoplakia
(“OHL”) is one of the most
common HIV-related oral
conditions. It is not danger-
ous and can occur very early
in HIV disease. It may, how-
ever, point to an increasing
risk of other, more serious ill-
nesses. Symptoms include
white patches on the sides of
the tongue or walls of the
mouth. They look folded,
with hair-like particles along
the folds. OHL is rarely (if
ever) painful and while annoy-
ing (people complain about
its appearance and texture),
it is not serious.

Cytomegalovirus (“CMV”)
mostly occurs in people with
late-stage disease, and only
very rarely does it manifest in
the mouth. These sores can be
widespread and have been
seen on the gums, cheeks and
roof of the mouth. Since oral
CMV ulcers can look like oth-
er ulcers, a biopsy may be nec-
essary to identify it in the
mouth.

4. FUNGAL INFECTIONS - Oral
Candidiasis is perhaps the
most common oral condition
in people with HIV. A
healthy immune system can
suppress the overgrowth of
this fungus, but even a mildly
compromised system may not
keep the fungus in check. Fac-
tors that may cause Candidia-
sis are prolonged stress,
depression and using antibi-
otics.

Planning a course of action
for dental care and treatment
is important for people living
with HIV. Your dentist is a
partner in helping you devel-
op this plan. Optimally, any
course of treatment should be
made together -- with you,
your doctor and your dentist
working together.

This article is for informational
purposes only. It is not intended
and may not be treated as, a sub-
stitute for professional med-
ical/dental advice, diagnosis, or
treatment. Always seek the advice
of a physician or dental profes-
sional with any questions you
may have regarding a
medical/dental condition. Never
disregard professional med-
ical/dental advice or delay in seek-
ing it because of a purely infor-
mational publication."

André R. Clarke, DDS, MBBS «
Specialised Medical Dentist

2010 Scientific Conference



Conference in Chicago, Illinois.

By ALESHA CADET
Tribune Features Reporter

TWO members of the MedNet Group of
Companies recently attended an intensive one-
day American Heart Association (AHA) sem-
inar held in November at the McCormick Con-
vention Center in Chicago, [linois as they
revised protocol with a view to preserving
human life.

The medical professionals explained what
attending such a conference and updating their
knowledge of the CPR guidelines meant for
First Care and the country. “It means that it is
an opportunity for us to try to recruit more
Bahamians to become more aware of the
importance of being as knowledgeable as you
can about preserving human life.

“CPR is not just being taught because we
can, but because it is vital to the health of
Bahamians. We have qualified, certified
Bahamian instructors who belong to the inter-
national body of the AHA, so it really does
mean a lot for us,” said First Care Medical
Director, Dr Nigel Johnson who described the
AHA conference as educational and informa-
tive. He went on to explain one of the most
important revisions at this year’s conference.

“The initial recommendations used for
patient resuscitation were airway, breathing
and circulation (A-B-C). That has been
changed to circulation, airway and breathing
(CAB).”

“Tt’s an interesting concept since most of us
have been trained for years to make sure that

CERTIFIED: First Care Basic Life Support providers display their certificates after attending the AHA 2010

the airway is clear and that you are ventilating
your patient. Now they are saying that based on
the studies presented you should seek to
improve cardiac profusion by early effective
compression, and then proceed after that to
secure your airway and ventilation.

“The AHA’s reason for the change is that
according to studies, for most people going
into cardio-pulmonary arrest, the blood has
reasonably good oxygenation for at least three
to five minutes. Even with experienced indi-
viduals, the average delay in ventilation of the
patient is at least eighteen to twenty five sec-
onds and it has been shown that this delay con-
tributes to a decrease in patients’ chances of
survival,” he explained.

Going further, another component that Dr
Johnson found interesting was the revision in
the variation of depths of compression with
victims of cardio-pulmonary resuscitation.
Addressing the question of one rescuer man-
agement of a patient who has collapsed vs two
rescuers, Dr Johnson said, “Whether there are
one or two rescuers, the approach is still CAB
to try to preserve the life of the patient.”

Dr Johnson expressed First Care’s vision for
the country in these words: “Certainly we
would like to see an era in this country where
every home has someone with knowledge of
life-saving techniques such as CPR, Basic Life
Support or First Aid. This would go a long
way toward improving the overall healthcare of
the country. It’s also a great feeling to know
you have assisted a friend or relative. After
all, you can’t really put a price on knowledge.”

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THE TRIBUNE

TUESDAY, DECEMBER 14, 2010, PAGE 11B



Holiday glamour: Keep
it simple and sparkling

(ARA) - Twinkling lights, silvery tinsel
and gold decorations aren't the only
things that should shine this holiday sea-
son. Holiday festivities give you the
chance to do some sparkling of your own.

Whether it’s a casual office party, ritzy
dinner gathering or a holiday tea with
the girls, every holiday event offers a
chance for you to indulge in a bit of hol-
iday glamour. Fortunately, it’s not nec-
essary to completely revamp your
wardrobe or invest in all-new jewelry
and cosmetics - unless you want to, of
course.

The glamour experts at Midnight Vel-
vet, an online fashion, beauty and home
goods seller, including a panel of inter-
national designers, offer a few tips on
how you can sparkle this holiday season:

DRESS FOR FESTIVE SUCCESS

There's a reason why the little black
dress is a fashion staple - it works at all
times of the year and provides a flattering
foundation for showing off your jewelry,
accessories and makeup. Don't be afraid
to pull out that basic black dress, jazzed
up with some festive jewelry, shoes and
accessories for the holidays, no matter
how often you've worn it through the
year. You can always make it look sea-
sonally appropriate, dazzling and new.
Whether it’s a plain sheath, sleeveless, a-
line or has an empire waist, be sure to
choose a style that is simple but comple-
ments your figure.

More good news - it’s the 21st century
and it's now OK to wear white after
Labor Day. A simple white sheath can be
as classic and stylish as any little black
dress. Add jewelry and accessories in
red, green, gold and silver, and you've got
a Virtually endless variety of exciting new
looks that capture the essence of the win-
ter holidays.

THAT HOLIDAY GLOW

The holidays are a great time to exper-
iment with your makeup. The season
offers opportunities to take your look
from dramatic and glamorous for evening
affairs, to fresh-faced and festive for
morning and afternoon soirees. What-
ever event you're dressing for, howev-
er, you want makeup that will power
through the whole party without requir-

ing you to reapply or touch up. Mineral
makeup is a great option when you're
marathoning through the holidays. High-
quality ingredients and skin-nourishing
elements in mineral makeup provide a
flawless finish and a healthful glow.

HOME IS WHERE THE GLAMOUR IS

Chances are you'll be hosting a few
holiday parties in your home this year.
Just as simple steps can make you sparkle
this season, a few touches can help you
present a glamorous home as the guests
start to arrive.

Proper lighting is essential for setting a







































mood at any time, but it plays a key role
in festivities during the season of light.
For family events and children’s parties,
bright and vibrant makes sense. For more
intimate dinner gatherings, provide mod-
erate illumination as guests arrive and
then dim the house to set the tone for
great conversation.

You can find more holiday style ideas,
including video demonstrations for home
and personal fashions, at www.mid-
nightvelvet.com. Creating a glamorous
home - and making yourself sparkle -
can be one of the season's easiest, and
most enjoyable, tasks.

AVOID: Steer clear of paperwhites. Even though they are perennial, but can't be forced to flower every winter.

Gardening gifts: Try plants, tools, books and more

DECEMBER is a low point in the gar-
dening year, but a high point for giving
gifts to gardeners.

Most obvious would be a plant. Every
gardener, no matter how long they've
been gardening, gets a thrill when open-
ing a box with a plant in it.

Still, there are ho-hum plants — plants
that have their qualities but just aren't
going to elicit much excitement. Stay
away from the usual poinsettias, philo-
dendrons and dracaenas for accom-
plished gardeners.

And because the gift plant is for a gar-
dener, steer clear of throwaway plants,
such as paperwhites. Yes, paperwhites
are perennial, but can't be forced to
flower every winter.

SOME PLANTS ARE SPECIAL

The plants that most gardeners would
be thrilled to receive this time of year
(hint, hint) would be those providing win-
ter fragrance or blossoms, or both. A
good place to start looking for my gift ...
whoops, I mean some gardener's gift ...
would be a mail-order nursery specializ-
ing in such plants, or having a wide array
of houseplants. (Logee's Greenhouses,
www.logees.com, and Glasshouse Works,
www.glasshouseworks.com, for example).

Gardenia, jasmine, camellia and citrus
fit the bill for anyone with a green thumb
and a cool, bright room. Where heat,
humidity and sunlight create a more trop-
ical atmosphere, choose from such beau-
ties as bougainvillea, abutilon and alla-
manda.

A lack of sunny windows should not
present a problem. Just shift gears and
think foliage: ferns, such as the dainty
maidenhair or the eerie rabbit's-foot, with
its furry “foot” attempting escape over
the edge of the pot; or rosemary, pretty
and fragrant whether or not it flowers;
or cute baby’s-tears, always lush and
green.

GIFTS THAT ARE ALWAYS
NEEDED

Shift gears again now and move
beyond plants to expendable items:

A good pair of gardening gloves —
either soft leather, cotton with rubber-
coated palms and fingers, perhaps gloves
made of some innovative material — are
essential, and rarely last more than a
year or two.

Potting soil is an expendable gift that
you can buy or, like cupcakes, make
yourself. For homemade potting soil, mix
together equal parts peat, perlite, com-
post and garden soil, then put the mix
through some quarter-inch mesh hard-
ware cloth.

Plant labels, which could be nothing
more than Popsicle sticks or tongue
depressors, are also always needed.

One of the best expendable gift items
is twine, useful for such things as tying up
tomato, delphinium and pea plants, lay-
ing out garden rows or beds, and lashing
together bamboo stakes. Natural twines,
such as cotton, jute and hemp, are best
for gardening because they can be tossed,
along with tied plants, into the compost

pile at season's end.

GIFTS THAT LAST

Enduring gifts can be as welcome as
expendable ones. Tools are an obvious
choice, but choose carefully. Too many
gadgets end up gathering dust in the back
corner of a garage or shed.

Some gadgets that are sure to get used
include an electronic moisture probe, a
rain gauge, a compost thermometer, and
a thermometer that records minimum
and maximum as well as current tem-
peratures.

Self-watering seed flats (the APS
Starter Kit from Gardener's Supply
Company, www.gardeners.com) will free
a gardener from daily watering chores
in spring. (Watering is still needed, but
weekly, perhaps, rather than daily.)

For a decorative pot for a larger plant,
consider plastic ones that look just like
terra-cotta but dry out less readily and
stand up to weather better.

Something even bigger? A rain bar-
rel, for catching and making good use of
water from a gutter’s downspout.

AND, OF COURSE, BOOKS

The best gardening books provide both
information and inspiration, or at least a
healthy dose of one. Just as with garden
tools, don't be enticed too quickly by
what is splashy, colorful and most pro-
moted. Some of the best gardening books
were written decades ago. Step into a
used bookstore; you might find a gem
of an old gardening book there.





Newbold on successfully obtaining her
Doctorate of Management Degree in
Organisational Leadership from the University

of Phoenix.

Congratulations are extended from her lov-
ing husband, Anthony “Ace” Newbold; her
proud parents, Herman and Sylvia Rodgers;
brothers, Pedro and Ricardo; sisters, Kathrina
and Dr Nakeisha Rodgers; sister-in-law, Bon-
nivette; niece, Petra; nephew, Brian, and the
rest of her family and friends.

Dr Rodgers-Newbold, who spent 20 years as a senior
Commercial and Offshore Banker, dedicated her
Dissertation to her late grandmother, Catechist
Dorothy Woodside of Staniard Creek, Andros

(Crestotdon to Dr Barbara A Rodgers-

¢ Know a special lady who has achieved an amazing
accomplishment, let us know at
features@tribunemedia.net so she can be featured in the
next “You Go Girl” column.

No insect
left behind.



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3% The d’Albenas Agency Ltd.

Madeira Si., Palmdale
Nassau, BAHAMAS
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