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.

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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
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Segment in party
seeks addition
before election

By PAUL G TURNQUEST
Tribune Staff Reporter

pturnquest@tribunemedia.net

A SEGMENT within the
Progressive Liberal Party
has developed a draft sub-
mission calling for the cre-
ation of four additional seats
to be added to the current
complement of the House
of Assembly, bringing the
total number of seats in the
Lower Chamber to 45
before the next general elec-
tion.

Submitted as a draft pro-
posal, the paper outlines
that the Constitution of the
Bahamas requires that the
House of Assembly must be
comprised of no less than 38
members, and that the num-

ber of voters entitled to vote
for the purpose of electing a
Member of Parliament shall
as far as is reasonably prac-
ticable be “the same.”

It is against this backdrop
that the submission recom-
mends the creation of three
seats in Abaco, up from the
current two, maintaining six
seats in Grand Bahama, but
removing Bimini from West
End; creating a new seat for
Bimini and the Berry Islands
and creating three seats for
Eleuthera up from the cur-
rent two; maintain two seats
in Andros (less Bimini); cre-
ating two seats in Exuma,
creating one seat for Ack-
lins, Crooked Island, and

SEE page eight

Man killed in triple shooting

REPORTS reached The Tribune late last night of a triple
shooting on Abaco that left a man dead and two women injured.
The women were airlifted to a hospital in Nassau following
the incident which happened just after 6pm. A team of officers
from the Central Detective Unit are on their way from the

capital to assist their colleagues.

oe aa

TCT e Pe £
TAAL GST EI

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Felipé Major/Tribune staff

SEE SECTION E



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

_ AMERICAN RAPPER
WAS ARRESTED,
RELEASED BEFORE
BAHAMAS CONCERT

AMERICAN rapper
“Young Jeezy” was arrested
and released by police hours
before headlining a highly
anticipated concert in west-
ern New Providence.

Police confirmed that the
Atanta-based rapper, whose
real name is Jay Wayne
Jenkins, was arrested after
an incident in Fox Hill, then
taken to the Wulff Road
police station for booking on
Saturday.

"He was here with us a
short while, he passed
through the station briefly

SEE page nine

TREE LIGHTING: Commissioner of Police Ellison Greenslade (left) turns the Christmas tree
lights on at the Christmas tree lighting ceremony held yesterday at the police headquarters.
The Royal Bahamas Police Force Combined Youth Band (above) provided entertainment.

TOURISM EXPERT RESPONDS TO

By NOELLE NICOLLS
Tribune Staff Reporter
nnicolls @tripunemedia.net

THERE are several
problems with the all-inclu-
sive model of resort devel-
opment in the Bahamas,
said a local tourism expert,
but not all of the criticism is
valid.

Perry Christie, leader of
the opposition, raised the
issue last week, in an Exu-
ma radio interview, when
he addressed local concerns
about Sandals Emerald
Bay.

Mr Christie said the gov-
ernment should investigate

the concerns of residents
about low wages and poor
“trickle down,” and exam-
ine ways to make all-inclu-
sive resorts “work more
effectively” in the Family
Islands.

He referred to the chal-
lenges encountered in the
past by Club Med in
Eleuthera and San Sal-
vador, and raised questions
about the all-inclusive mod-
el.

Vincent Vanderpool-
Wallace, Minister of
Tourism, said there is a
“pervasive mythology” sur

SEE page eight



BAHAMIAN CULTURE INSPIRES US
ALLINCLUSIVE MODEL CRITICISM CONGRESSWOMAN'S HAT FASHION

By CELESTE NIXON
Tribune Staff Reporter
cnixon@tribunemedia.net

UNITED States Con-
gress representative Fred-
erica Wilson is making a
fashion buzz with what she
calls her Bahamian influ-
enced hat style.

Ms Wilson, who is
named after her Bahamian
grandmother, told the
National Journal that her
"trademark headgear was
inspired by her grandmoth-
er, who wore similar hats as
part of a cultural tradition in
her native Bahamas."

In the Miami Herald,



|
FASHION BUZZ: Frederica Wilson

Wilson is quoted as saying,
"It's my heritage." In the
Bahamas, ladies always

SEE page nine

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PAGE 2, TUESDAY, DECEMBER 7, 2010

LOCAL NEWS

THE TRIBUNE



Bahamas International
Film Festival ‘one of
the best in the world’

By MEGAN REYNOLDS
Tribune Staff Reporter
mreynolds@tribunemedia.net

OUTSTANDING filmmakers
praised the Bahamas Interna-
tional Film Festival as one of the
best in the world as they were
honoured at the closing night
awards ceremony in the Atlantis
theatre on Sunday.

And Bahamian filmmaker Gus-
tavius Smith made the nation
proud as he won the most hotly
contested prize for Best Short
Film.

The Spirit of Freedom Narra-
tive and Audience Choice Award
went to Academy Award nomi-
nated movie Atletu (The Ath-
lete) about legendary Ethiopian
runner Abebe Bikila, who
became the first black African to
win an Olympic gold medal when
he ran the marathon barefoot
through the streets of Rome in
1960.

First-time Ethiopian filmmaker
Rasselas Lakew who co-wrote,
co-directed, co-produced and
starred in the movie, paid tribute
to his national hero as he accept-
ed the awards.

“It has always been my dream
to share a story from my country
with the world,” Mr Lakew said.

“Showing it in a small place,
that is very warm and soulful,
makes my day.

“T will always remember this
festival as a platform that made
all the efforts to put all the film-
makers together in the same
place.

“This is one place where I saw a
lot of films and I will definitely
remember it, and I will definitely
be coming back here.”



WINNER of the best short film this
year was Contact Zone, a submis-
sion by emerging Bahamian talent
Gustavius Smith.

The Spirit of Freedom Docu-
mentary Award went to Budrus, a
documentary about how a young
man and his daughter founded a
growing movement to unite
Palestinian political factions and
Israelis to save their village from
destruction by Israel’s Separation
Barrier.

Jurors also gave special a men-
tion to Bouncing Cats, an inspir-
ing documentary of one man’s
attempt to use the power of hip-
hop for positive social change in
Uganda.

Winner of the best short film
this year was Contact Zone, a
submission by emerging Bahami-

an talent and previous winner of
BIFF’s $10,000 Filmmaker Resi-
dency Programme prize Gus-
tavius Smith.

The 14 minute movie about the
curator of a New York City art
gallery’s one night stand with a
janitor on the opening night of
an exhibition prevailed over the
38 entries including those by
award-winning directors.

Bahamas Film Commissioner
Craig Woods, one of three on the
short films jury panel, said Con-
tact Zone: “Opened the door to
discuss the topic of race in a very
human and thoughtful way.”

Relations

The short film jury panel also
gave special mention to the short
Diplomacy, a study of relations
between the United States and
Iran, while Mr Woods said his
personal favourite short was Frog
In The Well, by Japanese film-
maker Ken Ochiai.

American film Hello Lonesome
won BIFF’s New Visions Award,
and American writer, director
and producer of the film Adam
Reid praised BIFF as one of the
best festivals in the world when
accepting the honour from BIFF
founder and executive director
Leslie Vanderpool.

He told the packed audience of
around 500 film lovers: “I have
been to a lot of festivals this year
and I haven’t had an experience
like this, and I haven’t left a fes-
tival feeling so loved and wanting
to collaborate and connect with
my peers, and that’s something I
haven’t experienced for a long,
long time, so thank you Leslie,
this means a lot to me.”



ham Carter portrays the Queen Mother in a scene from ‘The King's Speech.’ Colin
Firth won best actor for his performance and Helena Bonham Carter was named
best supporting actress at the British Independent Film Awards in London.

The Weinstein Company, Laurie Sparham/AP

BIFF also assisted six aspiring
screenwriters from all over the
world in its Filmmaker Residen-
cy Programme this year, with
industry professionals including
prolific writer, director and pro-
ducer Wil Shriner and actor Ray-
mond Forchion reviewing and
improving their submissions.

American writer Mark Cerulli
won the top prize for his script,
Sunburn.

As he thanked BIFF, Mr
Cerulli said: “It really is better
in the Bahamas, I’m blown away.

“The hospitality was amazing,
working with the mentors and
meeting other writers was such
a wonderful experience, I
thought that was the prize, but
this is really the icing on the
cake.”

A group of CR Walker stu-
dents won the $500 Green Reel
prize awarded by The Nature
Conservancy for their short film
Breaking News, a spoof news
programme highlighting the
important environmental issues
of non-native invasive species in

the Bahamas; casuarina trees and
lionfish, and the problem of stray
dogs.

Following the awards presen-
tation closing night film, The
King’s Speech, was shown.

The movie took the top prize
and five awards in total at the
British Independent Film Awards
in London.

Performance

Colin Firth won best actor for
his moving performance as King
George VI, a portrayal that has
put him on Oscar tip-lists; Hele-
na Bonham Carter was named
best supporting actress for her
role as Elizabeth; while Geoffrey
Rush won best supporting actor
for his performance as the eccen-
tric and unusual Lionel Logue,
the therapist who helps the king.

American screenwriter David
Seidler won the best screenwriter
prize, and the film won Best Pic-
ture at the 13th annual British
Independent Film Awards
(BIFAs).

Tourism official touts

TOURISM OFFICIALS LEND THEIR SUPPORT TO BIFF: Pictured
(from left) are Chief Communications Officer, Basil Smith; Bahamas
Film Commissioner, Craig Woods; BIFF Executive Director Leslie
Vanderpool and Tourism Director General, David Johnson.



Derek Smith/BIS


























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DIRECTOR GENER-
AL OF TOURISM David
Johnson touted the
Bahamas’ recent film suc-
cess, including a recent
award for the ministry, as
the Seventh Annual
Bahamas International
Film Festival featured
more than five dozen films
from December 1 to 5.

Mr Johnson pointed out
that the festival showed
three of the 14 films gen-
erated through his min-
istry’s promotional cam-
paign, the 14 Islands Film
Challenge.

The Challenge generat-
ed much publicity in the
United Kingdom, culmi-
nating with the Bahamas
Tourist Office in London
winning a prestigious
‘Travolution Award’ for
Best Use of Social Media
in connection with the
project.

“Over these five days, 65
films were showcased,” Mr
Johnson said. “More than
a dozen of these are films

made in the Bahamas,
about the Bahamas or by
Bahamians.

Three of the festival’s
films are shorts made by
UK filmmakers who par-
ticipated in the 14 Islands
Film Challenge, a brilliant
promotional campaign
that has been a triumph in
the United Kingdom for
the Ministry of Tourism
and Aviation.

“It is certainly good
news that more Bahamian
audiences will get to see
screenings of these films
that have been so widely
accepted in the UK.”

Mr Johnson said the
Ministry of Tourism and
Aviation was pleased to
have been a founding
sponsor of the festival.

Over the years, the Min-
istry of Tourism and Avia-
tion has contributed more
than $1.5 million to BIFF.

It is estimated that the
country has received $15.7
million worth of world-
wide publicity from BIFF.

INDEX

MAIN SECTION
Local News
Editorial/Letters

P1,2,3,4,5,6,7,8
Poe hot eae

CLASSIFIED SECTION 32 PAGES

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





THE TRIBUNE

TUESDAY, DECEMBER 7, 2010, PAGE 5

LOCAL NEWS



Young Bahamians’ biggest
crime fear is being shot

AN INFORMAL survey on violent
crime revealed that young Bahamians fear
being shot above all other forms of crime,
followed by their fear of being stabbed
or being raped.

Perhaps surprisingly, the survey
revealed that a relatively large number
of the male participants listed rape as one
of their foremost fears.

Self-defence expert D'Arcy Rahming,
chief instructor at the All Star Family
Centre, recently conducted the violent
crime survey amongst Bahamians aged

dents of All Star to determine what type
of violent crime attack persons are afraid
of the most and to design a self-defence
course in response to alleviate some of
their fears.

More than 150 persons participated in
the survey, which was non-scientific, but
nevertheless yielded some interesting
results.

Survey participants were asked the
question "What type of violent crime
attack do you fear?"

Not surprisingly topping the list was

18 to 22.

The survey was a class project for stu-

Ministry’s ‘People to People’
venture making new progress

WITH the aim of creat-
ing more tourism ambas-
sadors in the country, Peo-
ple to People — one of the
Ministry of Tourism and
Aviation’s most enduring
programmes - is being
updated with new initia-
tives and revamped opera-
tions.

Chief among the new ini-
tiatives is a public aware-
ness and recruitment drive,
said Bernadette Bastian,
People to People’s new
manager.

“Presently, we have a
good corps of ambassadors
throughout the country.
First of all, we want to
ensure that they are all
excited about the pro-
gramme and ready to con-
tinue to share great experi-
ences with our visitors,” Ms
Bastian said.

“Secondly, we want to
attract other, personable
Bahamian residents to host
our guests and introduce
them to the intricacies of
Bahamian life.”

In order to facilitate

being shot.

awareness and to introduce
potential candidates to the
role of tourism ambassador,
People to People has
planned a special event for
veteran and potential pro-
gramme participants.

The People to People
Mix and Mingle is sched-
uled for Thursday evening
at the National Arts
Gallery of the Bahamas.

In addition, the aware-
ness campaign will feature
newly produced television
advertisements.

The advertisements will
explain the programme and
the rewards it extends to
ambassadors and guests,
Ms Bastian said.

“We think it is truly
inspirational, and it will
give some helpful informa-
tion to those who want to
do something tangible to
advance this country while
enjoying the company of
our visitors,” she said.

Ms Bastian said there
also will be enhancements
to the monthly People to
People tea parties at Gov-

Second on the list was being stabbed



TEA TIME: Guests enjoy the
monthly People to People tea
party at Government House.

ernment House.

She said various tea par-
ties will take on themes
from specific islands to
emphasise that the
Bahamas is much more
than Nassau and Paradise
Island.

MAN IN ESCAPE BID AFTER ARRAIGNMENT

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - A man, remanded to Fox
Hill Prison following an arraignment on
Monday in the Eight Mile Rock Magistrate’s
Court, escaped while police were prepar-
ing for his transportation. He was later
recaptured.

Jamaal Deloach, 22, of Seagrape, Eight
Mile Rock, was charged with three counts of
housebreaking and two counts of stealing
before Magistrate Gwen Claude.

He pleaded not guilty to the offences and
elected summary trial.

Magistrate Claude remanded Deloach to
Her Majesty’s Prison, Fox Hill and
adjourned the matter to January 13, 2011.

Deloach, while in police custody, was
being taken to Freeport for further pro-

cessing when he escaped from the officers
preparing to transport him.

He was later apprehended by officers in
the Jones Town area.

SHOOTING CHARGE

A 34-year-old Eight Mile Rock man was
arraigned in connection with shooting and
injuring a man over the weckend in that
settlement.

Joel Saltine, a resident of Martin Town,
appeared before Magistrate Gwen Claude
charged with causing harm.

It is alleged that on December 3, the
accused caused harm to another male resi-
dent of Eight Mile Rock by shooting him in
his leg.

Saltine pleaded not guilty to the charge
and was granted $2,500 bail with one or two
sureties. The matter was adjourned to Feb-
ruary 9, 2011 for trial.

FOX HILL LIGHTS UP FOR CHRISTMAS




THE annual Christmas tree lighting took
place in Fox Hill on Sunday.

Each year, the Fox Hill parade grounds
are lit from stem to stern.

This year, Jan Davis of the Village Con-
venience Store and Davis Enterprises and
her team used a green and yellow motif to
light the tree which is supplied by Ken Perig-
ord Enterprises.

The tree lighting is organised by the Fox
Hill Festival Committee headed by Mau-
rice Tynes and a team of Fox Hillians.



They name the tree each year after a
prominent Fox Hillian.

This year, the committee chose Mildred
Edgecombe, a civic activist and mother.

Ms Edgecombe had the honour of turning
on the lights which lit the park.

The Doris Johnson Senior High School
Band under the direction of Aaron Necly
provided the entertainment for those attend-
ing the tree-lighting ceremony.

(Photo by Fox Hill Media)



and third was rape.

In fact, about 12 per cent of men stated
being raped as their top concern. Being
attacked by more than one attacker was
also a concern.

"I designed an online self defence
course around these factors so that any-
body regardless of their physical condition
could benefit. The free video seminar is
called "Stop Living in Fear: seven stay-
safe secrets that muggers, rapists and vio-
lent criminals do not want you to know,”
said Mr Rahming, who is a 9th degree
black belt and internationally renowned
seminar speaker.

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RAPED .......... O reeaitanes Zl csiteeessaererstis 30
CHOKED........ Savresresttaaies OD seatessien Mees 12
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PAGE 6, TUESDAY, DECEMBER 7, 2010

THE TRIBUNE



Gay bashing in Georgetown — A
gay man shares his experiences

By ELAN ERA JOHN
Panos Caribbean

HOMOSEXUAL men in
Guyana are still finding it
difficult to live free from
fear of stigma and discrimi-
nation.

These are everyday parts
of their lives whether at
school, work or accessing
services from hospitals or
transportation service
providers.

Kobe, a young openly
homosexual man, said his
experience with stigma and
discrimination goes way
back to his childhood when
he was bullied and harassed.

“Being in school, having
persons tell you or trouble
you and you would have to
shift to doing certain things.”

He explains some of the
shifts he is forced to make to
avoid the harassment.

“If [see a set of guys lim-
ing at a corner I would walk
around or take the longer
route if that was the shorter
route (to avoid passing
there).

“...If1 go back home right
now to where I am from in
Berbice I would experience
a great deal of stigma in
terms of verbal words. Most
of the stigma that I receive is
verbal words,” he said.

Kobe said that although
he has overcome being
affected by words, some
people take their attacks fur-
ther than that. He said that
up to the day before (being
interviewed) while he was
speaking on his cell phone,



















PANOS CARIBBEAN REPORT

five young men were passing
and one of them picked up a
bottle to toss at him.

“I stop at the time and I
stand up, waiting to see if
they were going to shy (hit)
me with the bottle. When
they realised that I am
standing up there they start
to say, ‘Oh, I am getting
brave,’ and that sort of
thing,” he said.

He added that the day
before that incident he was
actually pelted with a bottle
by another set of 20-some-
thing-year-old guys.

He said that most of the
harassment that he receives
would be in the form of peo-
ple smiling in a mocking
manner or nasty comments
from older people.

Kobe works in a health
facility. He says a lot of peo-
ple know who he is. He
thinks that because of this,
he is able to access services
quite comfortably, despite
the occasional gesticulations
from persons.

But, the worst forms of
discrimination come when
he seeks access to public
transportation.

“You find that bus con-
ductors and drivers may not
stop to pick you up, or upon
discovering the person’s ori-
entation may not want that
person in the bus. I go to
shop and I get sold, I get
(attended to). But even the
taxi drivers, you have a big

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— al

issue where they might not
want to pick you up. They
may slow down when
flagged down but when they
see who you are they drive
away,” he said.

He said that he has never
confronted a transportation
provider to know why he
was asked to exit the bus.
Instead he would simply
comply with the demand to
leave the car or bus. But
there was one time when the
minibus operator objected
to him being in the bus and
other passengers in support
exited the bus also. Kobe
said that the problem has
been escalating of late and it
has been costing him money
to move around.

Openly gay men have
more difficulties when it
comes to employment.

According to Kobe they
sometimes have to be some-
body else before they are
given employment because
of employers’ requirements
for dress code.

“Lots of young gay flam-
boyant men are unemployed
because of this, and this may
lead to them engaging in
transactional sex. They
may not go out there at
night, but engage in it right
in their homes. In their
minds it is not sex work.
They do it occasionally to
get income to (supplement)
support from family,” Kobe
explained.



Gay men do experience
sexual assaults.

Relating to an incident
earlier in his life, Kobe said
that when he was gang-
raped, he could not go to
the police nor could he tell
his parents, because of the
fear of stigma and discrimi-
nation.

“When I got home I didn’t
tell my family anything, I
just told them I got robbed
and dropped the matter,”
Kobe said.

“The same is about telling
the story over and
over...and then to get the
reaction from the police, a
laugh or a smirk or a smile,
and the questions that they
ask,” he said.

Today, Kobe is part of the
Guyana Rainbow Founda-
tion and is also affiliated
with the Society against Sex-
ual Orientation Discrimina-
tion (SASOD).

He also has a youth com-
munity based organisation
called Diverse Youth Move-
ment which looks at issues in
the younger Lesbian, Gay,
Bi-sexual and Transgen-
dered (LGBT) community.

His organisation looks at
personal development and
capacity building for young
persons. He said that
because the Guyana Rain-
bow Foundation is fairly
new, they have not
approached agencies for
assistance with funding to



“You find that bus conductors
and drivers may not stop
to pick you up, or upon
discovering the person’s
orientation may not want
that person in the bus.”



look at social cohesion and
conflict resolution.

“Tam now finishing the
governance manual for the
organisation and once that is
off, (we will be moving
ahead). We are registered
with the Ministry of Culture
Youth and Sport. Now we
are starting the work, we are
doing some personal work,”
he said.

According to Kobe the
Ministry of Health has been
greatly involving the youth
group in its programmes and
initiatives in terms of
HIV/AIDS in Guyana.

Director of the National
AIDS Programme Secre-
tariat (NAPS), Dr Shanti
Singh, said that the agency
works with groups like
Kobe’s, providing funding
for advocacy and training.

There is also a coordinat-
ing committee at the nation-
al level that brings together
all the NGOs that work with
commercial sex workers and
with men who have sex with
men — once every quarter —
to discuss with them
whether things are going
well.

“Groups that have a focus
on the LGBT community
have been able to benefit
from funding under the pro-
ject to be able to do work
among their members,” she
said, noting that this is done
through an arrangement
similar to the groups that
work with the female com-
mercial sex workers.

Dr Singh said that from a
health sector perspective it is
very difficult for NAPS to
infiltrate those communities
and hence the use of the
NGOs whose members may
have the trust of the com-
munity that they are work-
ing with.

Kobe is trying to make a
difference through his
group’s advocacy work
because of his experiences
and those of people he
knows in his community.

“We want to work in the
schools and homes because
we have young men who
have been placed out of
their homes because of their
status...people don’t want
to come out because they
are afraid of the stigma,” he
said.

KINGSTON, Jamaica

A MEMBER of a gay rights group
in Jamaica has been found stabbed to
death and the Caribbean country's
sole homosexual advocacy group said
Sunday that it could be a hate crime,
according to Associated Press.

The body of the 26-year-old man
was discovered Friday behind an
insurance company building in
Kingston, the Jamaica Forum for
Lesbians, All-Sexuals and Gays

said.

Dane Lewis, the advocacy group's
director, said the victim's name could

not be released because his relatives
had not been notified of his slaying.

In a statement, the advocacy group
mourned the slain man and called
for a full investigation by Jamaican

security forces.

"While the reason behind his death
is not yet known, allegations are that
his life had been under threat for
some time," the organization said.

Police did not immediately return
calls Sunday secking information on
the investigation into the killing.

Gays and their advocates say
Jamaica is by far the most hostile
island toward homosexuals in the

abuse.

Activist: Member of Jamaica gay rights group slain

already conservative Caribbean.
They say gays, especially those in
poor communities, suffer frequent

But they have little recourse

because of anti-gay stigma anda

men.

tised.

sodomy law banning sex between

Many people in the highly Christ-
ian nation perceive homosexuality
as a sin and insist violence against
gays is blown out of proportion by
gay activists.

Some say Jamaica tolerates homo-
sexuality as long as it is not adver-

Oil spill in Kingston Harbour is probed

KINGSTON, Jamaica

EFFORTS are under
way to clean up an oil spill
in the harbor of Jamaica's
capital, according to Asso-
ciated Press.

The island's emergency

alse hoy ts

.

Sb n!) de

management agency says
the slick in Kingston Har-
bor is located between an
oil refinery and a power
station.

The agency said in a
news release Sunday that
police are investigating the

origin of the spill, which
was discovered Saturday.

Officials say the oil cont-
amination was being
cleared up and had had no
direct impact on the city
itself.

However, it was not

The Bridge Authority

NOTICE

immediately clear how
much fuel had spilled into
the water.

Authorities are still
investigating a Nov. 22 spill
in the capital's harbor, the
seventh- largest natural
harbor in the world.

Paradise island Employers & Employees, Paradise Island Residents, Transportation
Companies and the General Public are hereby notified that The Bridge Authority will be
undertaking physical improvement works to the Toll Plaza with effect from the 29°
November to the 10" December, 2010. This exercise will include both overhead and

Brournd bevel tasks

This work will be conducted during off-peak traffic times between the hours of 10:00 am

= 3:00 pm.

Due te the nature of the work, two (2) lanes shall be closed each time, resulting in
restricted traffic flow. Im our effort to minimize the impact of these lane closures, the
work will be performed sequentially, firstly in Lanes 1 and 2 and then Lames 3 and 4,
Therefore, at no time will more than two (2) lanes be closed at once.

The Bridge Authority apologizes for any inconvenience caused, and assures it customers
and stakeholders, that all efforts will be made to have the works concluded as quickly as

possible.

Hilly Scavedia
General! Wonager
The Bridge Authority



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THE TRIBUNE

TUESDAY, DECEMBER 7, 2010, PAGE 7



LOCAL NEWS

Programme aims to teach
Children the joys of sailing

WITH crime being a problem that
significantly impacts inner-city chil-
dren, the Bahamas Sailing Associa-
tion hopes that their teaching pro-
gramme can get kids off the streets
and give them a sense of pride in their
accomplishments.

For the past six years, the Bahamas
Sailing Association has been teach-
ing children from inner-city commu-
nities in New Providence the joys of
sailing.

Sailing is now part of the curricu-
lum in three public schools, with par-
ticipation by over 80 students.

And the Association's eight-week
summer camp trains more than a hun-
dred children annually from 29
schools in Nassau and the Family
Islands.

“Our year-round school sports and
summer camp programmes collec-
tively delivered more than 3,000
instructed sailing sessions to young
Bahamians during 2009 and to date
we have had nearly 900 kids pass
through the Association's camps,"
said sailing operations director Jimmy
Lowe.

"We also have a regatta programme
that teaches competitive sailing for
those with the appropriate skills and
interest, including entry into local and
overseas regattas.”

The Bahamas’ first Olympic medals
(Gold and Bronze) were won in sail-
ing events in the 1960s.

And Bahamian sailors continue to
compete on a regular basis in major
international regattas.

A major goal of the Association is
to broaden the number of Bahamian
sailors through development of the
National Sailing School, which uses
the facilities of the Nassau Yacht Club
at no cost.

"But more importantly, we are try-
ing to positively impact our young
people, one student at a time, through
this educational outreach.

“Sailing builds seamanship, integri-
ty, discipline, fair play and respect
for others, all of which can contribute
to the growth and maturity of an indi-

Migrant boat capsizes
in British Virgin Islands



(L-R) EAST NASSAU ROTARY CLUB president Joanne Smith presents Bahamas Sailing
Association director Jimmy Lowe with a contribution to help fund the annual children's
summer camp. The Rotary Club also heard from sailing champion Pedro Rahming, who
told us of his love of sailing and thanked members for the opportunity to sail.

vidual," Mr Lowe said.

The Association's activities are
organised by unpaid volunteers, but
there are two paid full-time instruc-
tors, together with the additional tem-
porary instructors employed during
summer camps.

All activities are funded by dona-
tions, which go directly into teaching
the children.

The Association was founded in
1952 and is recognised as the nation-
al sailing authority by the Interna-
tional Sailing Federation, the

Bahamas Olympic Organising Com-
mittee, the Ministry of Sports and the
Pan American Games Sailing Asso-
ciation. Pictured from left: East Nas-
sau Rotary Club President Joanne
Smith presents Association Director
Jimmy Lowe with a contribution to
help fund the annual children's sum-
mer camp.

The Rotary Club also heard from
sailing champion Pedro Rahming,
who told us of his love of sailing and
thanked members for the opportuni-
ty to sail.

A ‘CONCERT FOR CHRISTMAS’

THE Nassau Renaissance Singers, under the direction
of musical director Audrey Dean-Wright, return to per-
form at the Government House Ballroom this weekend.

Under the patronage of Governor General Sir Arthur
and Lady Joan Foulkes, the choir will present “A Con-
cert for Christmas” this Saturday and Sunday at 8pm.

At the conclusion of the performance, the singers will
join the audience for the traditional after-concert wine
and chat.

Over the years, the Renaissance Singers have ushered
in the traditional annual Christmas festivities for many
in the Bahamas.

This year’s concert promises to be no different.

The programme includes classical and traditional
Christmas music as well as songs from around the
region.

Music in the style of which former choir director E
Clement Bethel was noted for will also be featured.

The choir currently boasts a mix of veteran and new
members, and this year will feature some of the young
artists of the Bahamas as special guests.

Guest artists include Nikita Wells on Saturday, Dicey
Doh Boys on both nights, and Osano Neeley on Sunday.

This year, the choir said, it is grateful to have well-
known musician Raymond Antionio accompany them
on the piano.

Tickets for the Nassau Renaissance Singers concert
may be purchased from Logos Bookstore at the Har-
bour Bay Shopping Plaza, East Bay Street or from choir
members.

Proceeds from the concert to benefit Nassau Renais-
sance Singers Scholarship Fund.

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL
The Public is hereby advised that |, MICHDRIANA

DAMAS, of P.O. Box SS-6713, Hanna Road, Nassau,
Bahamas, intend to change my name to MICHDRIANA
CLARKE. If there are any objections to this change of
name by Deed Poll, you may write such objections to the
Chief Passport Officer, P.O.Box N-742, Nassau, Bahamas
no later than thirty (80) days after the date of publication
of this notice.

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.



TORTOLA,
British Virgin Islands

A MOTORBOAT over-
loaded with Haitian migrants
slammed into a reef off the
British Virgin Islands and cap-
sized Monday as it tried to
evade authorities. Five people
were killed, including two
infants, according to Associat-
ed Press.

The 30-foot (9-meter) boat
was carrying more than 30 peo-
ple when it struck the reef off
the southern coast of Tortola,
said British Virgin Islands Cus-
toms Comptroller Wade
Smith.

The exact number of pas-
sengers was unknown as
authorities continued search-
ing for more victims or sur-
vivors, Smith said.

Authorities in the British
territory detained 28 survivors
as suspected illegal migrants,
including six who were hospi-
talized with undisclosed
injuries, said police spokes-
woman Dianne Drayton.

The boat had apparently
departed from Dutch St.
Maarten and was trying to ille-
gally enter British territory
about midnight, Smith said.

Most of the migrants were
from Haiti but officials have
not established the nationality
of everyone on board, said
Ricardo Castrodad, a
spokesman for the U.S. Coast
Guard, which was assisting
with the search.

The British Virgin Islands is
home to a relatively small com-
munity of Haitian migrants but
they typically enter either by

mistake — abandoned by
smugglers on one of the many
islands that make up the chain
— or as they try to reach the
nearby U.S. Virgin Islands.

A Dutch coast guard plane
spotted the vessel and alerted
other authorities in the region.
The U.S. Coast Guard dis-
patched a Puerto Rico-based
ship that was about a mile (1.6
kilometers) from the migrants
when their boat hit the reef,
Castrodad said.

The boat overturned in
Paraquita Bay, which is noto-
riously tricky to navigate even
in daylight because of the
extensive network of reefs in
the area, said Phil Aspinal,
president of the Virgin Islands
Search and Rescue, a volun-
teer group helping to find sur-
vivors.

Pinder’s Customs Brokerage

MANAGER WANTED

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Pinder's Customs Brokerage Ltd. is looking for a Delivery Department Man-
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Applicants should drop off their resume to: Pinder's Customs Brokerage at
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PAGE 8, TUESDAY, DECEMBER 7, 2010

THE TRIBUNE



LOCAL NEWS



Tourism expert responds to
all-inclusive model criticism

FROM page one

rounding an all-inclusive
resort that does not match
up to the reality.

“T don’t think it has much
to do with a specific model.
I think it has to do with the
fact that in terms of any
Family Island destination
it is much more difficult in
terms of access. Club Med
solved their access issues
by getting airlift directly to
their destination from
Florida and France,” said
Mr Vanderpool Wallace.

In order for any property
to do well it has to have a
steady supply of low cost
high quality airlift, said the
Minister. Sandals recog-
nised this and has already
generated non-stop flights
from Toronto, Miami and
Atlanta.

“This is an item that has
been missed for decades.
This is the primary issue.
When you find yourself in a
situation where it is less
expensive to fly beyond the
Bahamas than to the
Bahamas you make your-
self uncompetitive. Fixing
the access problem is not
easy, but the problem is
access,” he said.

As for benefits to the
community, he said gov-
ernment studies show the
spend of people in all-inclu-
sive in Nassau is about 80
per cent of the spend of
those in room only resorts,
otherwise known as Euro-
pean Plan (EP) hotels. He
said this suggests the prob-
lem is not specific to the
model.

BLOW OU





ALL-INCLUSIVE MODEL: Vincent Vanderpool-Wallace and Perry Christie

“The mythological is
exactly that,” said Mr Van-
derpool-Wallace, and it
impacts popular opinion
about cruise ships as well.

“Cruise ships make more
money selling tours than
keeping people on board.
They love to sell tours,” he
said. The larger issues to
consider, he said, are the
challenges of creating
opportunities for people in
an all-inclusive to leave,
stimulating interest in the
destination as a whole, and
creating more affordable
access, whether by air or
sea.

“Tf that is stimulated by
an all-inclusive then so be
it, because all of the other
properties will begin to
benefit from it. The reality
is, in many cases the all-
inclusive is what gets it
started,” said Mr Vander-
pool-Wallace.



A local tourism expert
agreed that in the case of
Sandals, and any all-inclu-
sive, “there is no incentive
to keep people on the prop-
erty.

“In fact, (Butch Stewart)
would prefer the break-
age,” because it would in
effect save him money. As
for tourist spending, she
said, visitors “would have
no problem” spending
additional cash or credit
outside of the hotel if the
community gave them “a
reason to do so.”

“There is a cultural shift
that has to be made in Exu-
ma for them to be able to
take full advantage of any
development. Butch Stew-
art is working very, very
hard to deliver visitors to
his property,” she said.

It is not his job to create
opportunities in the com-
munity or to stimulate the

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interest, she said.

“There are people who
think all-inclusives are the
scourge of this country, and
people who think they are
fantastic. At the end of the
day we have to have that
variety because that is what
visitors demand. We can’t
be all or nothing. We have
the potential to have more,
but it has to be an all-inclu-
sive that understands the
challenges dealing with
infrastructure costs and the
other input costs, and they
have to be very targeted in
their market,” said the
tourism expert.

“The all-inclusive model
by its very nature requires
that the inputs — infrastruc-
ture, labour, food, drinks —
are low cost. There is noth-
ing in the Bahamas that is
low cost. That model is
completely inconsistent
with the infrastructure that
we have here in the
Bahamas.

“Tt is not about whether
that model is appropriate
for Exuma, Eleuthera or
any Family Island, except
that the cost of everything

is even more expensive in
the other islands, because
we don’t have many in Nas-
sau either. They are not
meant to survive on the
basis of the cost of the
infrastructure in this coun-
try,” she said.

While the Bahamas has
the capacity for more all-
inclusives it is not likely the
model will catch on like it
has in Jamaica, Puerto Rico
and other more low-cost
destinations, said the
source.

Those destinations are
favourable for all-inclu-
sives, considering they grow
a lot of their own food,
manufacture their own
beers and rums and have
low labour cost.

“Our labour force is bet-
ter paid than anywhere in
the region, except proba-
bly Bermuda,” she said. It
is not surprising that Exu-
ma residents have com-
plaints about the minimum
wage earned by many at
Sandals. The “high-end”
brand could have created
unrealistic expectations.

She suggest “high end

resorts” are the only type
of large-scale developments
that “could be delivered”
to Family Islands, because
the market capable of
affording those destinations
is high end consumers.

“You have to seek a cus-
tomer that is able and will-
ing to pay more.

“The product has to be
perceived to be high-end to
justify the higher spend,”
she said.

Four Seasons was also
built with the intention of
being an “upscale proper-
ty”, but it had a different
strategy than Sandals.

As an “isolated hotel
with an expensive golf
course”, and planned casi-
no, she said Four Seasons
intended to situate itself in
a community of private res-
idences that would supple-
ment the 292 hotel room
inventory and support the
restaurants, marina, golf
course and other amenities.

Part of the failure was
the fact that “the commu-
nity never happened,” she
said, and the 292 rooms
were “never enough.”

PLP group
want House

FROM page one

Long Cay, and another seat for Inagua and
Mayaguana. Cat Island, Rum Cay and San
Salvador, they recommended should remain
as one seat, as well as Long Island and
Ragged Island in their current state.

The report continued that Abaco’s three
seats is predicated on a May 2010 Census
population of 16,692 persons.

“Based on extrapolation from the 2002
population and the number registered voters
for the 2002 Register of Voters, it is sug-
gested that 45 per cent of Abaco’s popula-
tion are voting age citizens. This would pro-
duce 7,600 electors for 2010. The average
number of electors for the two central and
southern seats would be 2,600 with the
northern seat at 2,400 electors.

“The proposed Bimini and the Berry
Islands seat represents recognition of pop-
ulation growth over the period 2000 through
to 2010 by 16 per cent and the lack of sched-
uled transport between the various islands.
Based on a 2010 population of 2,800 and a
probable 48 per cent of the residents being
citizen electors, this constituency would have
1,350 electors, similar to the three island
seat of Cat Island, Rum Cay and San Sal-
vador.

“Exuma experienced a doubling of its
population during the ten year period
between the taking of a national census in
2000 and another in 2010, growing from a
population in 2000 of 3,571 to a population
of 7,314 in 2010. Electors increased from
1,966 in 2002 to 2,800 in 2007 — a phenome-
nal increase of more than 42 per cent. The
island chain stretches more than 150 miles
from the northernmost inhabited cay to the
most southern settlement on Little Exuma.
In fact, with a projection of more than 4,000
electors presently resident throughout the
mainland and cays a case could even be

T | seats added.

made for three seats but parity of electors
with Eleuthera and Andros is recommend-
ed, resulting in two seats for Exuma,” the
report read.

While some of the reasoning behind such
a proposal may seem plausible, it is highly
unlikely that such arguments will carry any
weight with the Boundaries Commission
after Prime Minister Hubert Ingraham
scraped any idea of the creation of addi-
tional seats.

During an interview on the Exuma Breeze
radio programme on November 25, Mr
Ingraham said that he saw no need to
increase the number of seats in the House of
Assembly. In fact, Mr Ingraham said he is
actually of the mind to decrease the number
of seats.

He said: “In terms of the configuration
of seats, when you take into account the
population of New Providence, the popula-
tion of Grand Bahama, the population of
Abaco, the population of Eleuthera, and
then Exuma, one has to determine how
many of the 16 seats that are not in New
Providence can be given to any one island.

“When we came into office we met Aba-
co with three seats and determined that
Abaco could not justify three seats in rela-
tion to the total. The same thing applied to
Long Island, Bimini and the Berries, and
so, no I do not think it is reasonable for
Exuma to expect to get another seat in the
House of Assembly.

“T think it is reasonable for Exuma to
make its local government work, and where
it thinks it ought to be delegated additional
authority from the central government so
that these matters can be handled by local
authorities in Exuma, it ought to do that.

“But in terms of representation in Parlia-
ment, no, one seat is enough for Exuma in
terms of its population and size — notwith-
standing its geography,” Mr Ingraham said.

Share your news

The Tribune wants to hear
from people who are
making news in their
neighbourhoods. Perhaps

you are raising funds fora
good cause, campaigning
for improvements in the
area or have won an
award.

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



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THE TRIBUNE TUESDAY, DECEMBER 7, 2010, PAGE 9
__ AMERICAN RAPPER WAS ARRESTED,
RELEASED BEFORE BAHAMAS CONCERT

FROM page one

on Saturday,” officer-in-charge of
the Wulff Road station Superinten-
dent Ashton Greenslade told The
Tribune.

"He was booked in here and taken
to CDU (Central Detective Unit)."

Supt Greenslade said he could not
provide additional details on Mr
Jenkins’ arrest.

Head of the CDU Superintendent
Leon Bethel and his subordinate YOUNG JEEZY
Assistant Superintendent Michael
Moxey did not give The Tribune further details of the arrest
and events leading up to it before press time.

One of the concert's promoters Jason Cartwright con-
firmed on his Facebook page that the hip-hop star had
been arrested early Saturday, but was later released.

"People tried to shut us down, yea' Jeezy was locked up,
he out now (about) to beat the stage bad tonight," Mr
Cartwright wrote Saturday morning.

A well-placed source told The Tribune that the rapper
was taken into the Fox Hill area by friends and was simply
"in the wrong place at the wrong time" when he was taken
into custody.

Club promoters "Da Recession" — a promotion company
based in Miami, Florida but said to be headed by a Bimini
born native DJ D'ano — engaged Mr Jenkins to perform at
Club Luna on West Bay Street.

Witaiva Job Vacancy
LIGHTING A tablished N based

n _ establishe assau ase
CEREMONY company seeks to fill the position of
SCENES from last night's | ASSistant Financial Controller. All

police tree lighting ceremony | applicants MUST possess the following:
held at the Royal Bahamas
Police Force headquarters. ;

As well as the official tree Passing grades on all parts of the CPA
lighting event, there was plen-





ty of festive entertainment for examination.
those present. 1-2 years experience working with an
Felipé Major/Tribune staff accounting firm.

Strong analytical skills.

Strong organizational skills with the
ability to work independently.

A thorough working knowledge of
Microsoft Excel.

The ability to learn quickly.
Excellent communication and team
work skills.

The ability to manage multiple tasks
and responsibilities simultaneously.



Interested persons should submit their
resumes via e-mail to:

asstfinancialcontroller@hotmail.com

All resumes must be received by

10“ December 2010.

Only persons meeting ALL of the
requirements above need apply.



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lection of around 300 hats ranging from rhinestone- 7 — Bee pes ee ee
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The congresswoman elect began her career as princi- | a F System and all standard features,
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THE TRIBUNE

DUSINesS



TUESDAY,

DECEMBER 7,

2010

SECTION B « business @tribunemedia.net

‘Every reason’ for 8-10%
shipping registry growth

By NEIL HARTNELL
Tribune Business Editor

The Bahamas shipping registry
has “every good reason” to be
growing at a rate of 8-10 per cent
per annum, in line with the global
shipping industry’s expansion, a
government minister said yester-
day, adding that the Bahamas Mar-
itime Authority (BMA) had
“achieved all of our goals for last
year”.

Earl Deveaux, minister of the
environment, who has responsibil-
ity for the Government’s relations
with the BMA and the Bahamian
maritime industry in general, told
Tribune Business that key reforms
adopted over the past year were

* Government and BMA ‘achieve all of our goals for last

year’ in maritime industry

* Now moving to maintain competitiveness on royalty
rights payments for music broadcast on Bahamian ships

* Reforms designed to keep Bahamas as ‘the best option’,
and not give clients reason to go elsewhere

* Minister: ‘We are infinitely more price competitive. We
think the business that is ours will resume coming to us’

essential to ensuring the global
shipping and yachting industries
saw the Bahamas as “the best
option” for themselves and their
clients.

Apart from the Prime Minister’s

opening of the BMA’s Hong Kong
office and the establishment of a
consulate Greece, bringing the
BMA closer to its Greek shipping

SEE page 3B

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ita aoe

air unit costs 12 per cent

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

Having seen a 12 per cent
reduction in monthly operat-
ing costs for key cooling equip-
ment, Atlantis (pictured above)
is in the process of upgrading
75 of these air handling units
as part of an ongoing energy
conservation and management
program that has resulted in
savings of an estimated “hun-
dreds of thousands” of kilowatt

hours in energy usage.

SEE page 4B

* Kerzner executive says ‘hundreds
of thousands’ of kilowatt hours
saved by resort’s programs over
past decade

* Places Atlantis at ‘8.5’ on scale of
10 when comes to energy efficiency
commitment, compared to five for
other Bahamian resorts

* Savings from energy efficiency
projects pay back over two to

four years



INGO retuts Sale efforts ‘not fruitful’ for 51% BISX firm stake

broker fears

* Royal Bank’s BISX-listed
mortgage arm denies telling
borrowers it must take out
homeowners insurance
cover through it, or that they;
must do so until principal
equals mortgage guarantee
cover

* Says ‘certainly not our
policy, not our practice and
not what we want to do’

By NEIL HARTNELL :
Tribune Business Editor :

FINCO, Royal Bank’s BISX-
listed mortgage arm, yesterday :
said it was not forcing borrow- }
ers to take out homeowners
insurance through its broker- ;
age arm or insisting that they ;
do so until the outstanding prin-

cipal equalled the sum covered }

SEE page 2B

: counterclaim for $5m

* Liquidators for failed $471m Bahamas investment
: structure still collecting dividends from Premier

: Commercial Real Estate while search for majority
stake buyer continues
: * Targeting current director of fund entity over
: alleged $1.5m unauthorised payments, but face

CHAMBER/BECON

MERGER ‘DONE DEAL’

: * Members of both vote in favour of creating sole
‘unequivocal voice of the private sector’ that will also
enhance business support services
* The Bahamas Chamber of Commerce and

: Employers Confederation to come into being on
: January 1, with full-time CEO and chairman and vice-
: chairman instead of existing president/vice-president
* Organisation to have 12 divisions, and be ‘more

By NEIL HARTNELL
Tribune Business Editor

The joint liquidators of a col-
lapsed $471.3 million Bahamas-
based investment structure have
warned that their efforts to sell a
majority 51 per cent stake in a
BISX-listed real estate invest-
ment trust (REIT) “have not
proven fruitful” to date, even

though this equity interest is the
key investor recovery source.
Clifford Culmer, the Bahamas-
based BDO Mann Judd accoun-
tant, and Raymond Massi, his
Canadian co-liquidator for the
Olympus Univest fund its
Bahamian-domiciled counter-
part, Mosaic Composite, said
they would continue to collect
dividends from Premier Com-

By NEIL HARTNELL
Tribune Business Editor

A former Bahamas Cham-
ber of Commerce president yes-
terday said he was moving
“fast” to a position of agreeing
that private security guards be
allowed to carry firearms as a
? means to combat, and deter,
|: armed robbers, as he called on
? the Royal Bahamas Police
} Force to “flood commercial
areas” with officers during the

mercial Real Estate Investment
Corporation until a buyer for the
51 per cent interest was found.
In their 10th report to the
Bahamian Supreme Court as
joint liquidators for Mosaic Com-
posite, Messrs Culmer and Mas-
si said: “The Mosaic joint liq-

SEE page 4B

ARMING SECURITY GUARDS:
‘| AM GETTING THERE FAST’

* Former Chamber
president urges police to
‘flood commercial areas’ in
Christmas run-up, saying
many in business ‘scared
less’ by crime situation

he describes ‘as scary as
hell’

* Says Town Centre Mall
robbery shows criminals
‘getting increasingly bold’

: effective and efficient’ in service delivery
: * Move on business support services as ‘other side of
: the equation’

: By NEIL HARTNELL
: Tribune Business Editor

Christmas season.

SEE page 4B



KHAALIS ROLLE

i} The Bahamas Chamber of
: Commerce and Bahamas
: Employers Confederation’s
? (BECon) merger into one
: organisation is “a done deal”,
? Tribune Business was told yes-
? terday, members of both
? approving the move to create
: one organisation that will be
? “the unequivocal voice of the
i private sector” and provide a
: greater level of business sup-
: port services.

: Brian Nutt, BECon’s head,
? and Khaalis Rolle, the Cham-
i ber’s president, confirmed to

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PAGE 2B, TUESDAY, DECEMBER 7, 2010

THE TRIBUNE



REALTOR ANNOUNCES
AG Ua)

PART OF THE TEAM: Damianos Sotheby’s Inter-
national Realty yesterday announced that John Cash
(pictured above) had joined its Abaco sales team.

A native Abaconian, Mr Cash was employed at
Boat Harbour Marina and Newport International Ltd
in Treasure Cay as comptroller. He also operated a
dive centre, boat rental and golf car rental business on
the same cay for a decade.

He first entered real estate in November 2000, com-
pleting all the requirements to become a licensed bro-
ker within four years.

BFSB in strongest
Brazil push to date

The Bahamas Financial Services Board
(BFSB) made its strongest push to date
into Brazil in late November, targeting
asset managers and seeking to explore
wider business relationships through the
use of Freeport as a transshipment and
logistics centre.

Bahamas Landfall: Destination Brazil
involved 20 Bahamian service providers
who travelled to Sao Paolo and Rio de
Janeiro for the event.

The BFSB has been increasing its Brazil
focus gradually over the past five years,
through participation in the annual Brasil
Investment Summit and referrals from
friends of the Bahamas living in Brazil and
this nation.

”*Emerging economies from Brazil to
China are encouraging their asset man-
agers to focus beyond their domestic mar-
kets,” said Wendy Warren, the BFSB’s
chief executive and executive director.

“This has provided jurisdictions such as
the Bahamas with an opportunity to pro-
vide a range of services to these asset man-
agement companies. The Bahamas Landfall
event was designed to increase the momen-
tum for interest in the Bahamas that we
have been building for the past five years.”

She added: “It was also designed to
establish the idea that there is a natural
linkage between Brazil and Freeport’s
transshipment zone, readily demonstrated
by the investment and operations of Statoil

Aim to link financial services with the use of
Freeport as transshipment and logistics centre



WENDY WARREN

Ms Warren said the BFSB was particu-
larly pleased that the Grand Bahama Port
Authority (GBPA) agreed to be one of the
sponsors of the event. This indicated, she
added, growing support and recognition
for this nation’s vision statement for the
financial services industry, which positions
the Bahamas as an ideal location for inter-
national business and finance.

“We have redoubled our efforts to coor-

dinate and partner on joint initiatives with
the Port Authority, the Ministry of
Tourism, the Bahamas Investment Author-
ity and the Bahamas Maritime Authori-
ty,” said Ms Warren.

“This has led to BFSB supporting and
becoming actively involved in events such
as BIMCATs, Posidonia - a major ship-
ping conference in Greece - the recent
opening of the BMA office in Hong Kong
and our lead sponsorship of the Caribbean
Investment and Finance conference held in
Nassau last month and presented by The
Banker, an FT publication.”

Other sponsors of Bahamas Landfall
were Ansbacher Bahamas, Butterfield
Fund Services, Ernst & Young, Genesis
Funds Services, Graham Thompson, Pre-
mier Fund Services, Royal Bank of Canada
Wealth Management and Swiss Financial
Services. HFM Week, publishers of
HFMWeek, PAM and Latin American
magazine was the official media partner of
the event.

Ms Warren said: “As the Bahamas con-
tinues to position itself as a global leader for
financial services, events like Bahamas
Landfall in key economies like Brazil are

FROM page 1B

this newspaper that the merger
would take effect from Janu-
ary 1, 2011, onwards, via the
newly-created Bahamas Cham-
ber of Commerce and Employ-
ers Confederation (BCCEC),
both organisations approving
the move at Extraordinary
General Meetings (EGM) held
within the past week.

Praising the merger commit-
tee formed to oversee the tech-
nical details of the merger for
“working tirelessly over the last
10 months to work out the
details”, Mr Nutt told Tribune
Business: “Basically, what it
does is create one national
organisation where member-
ship is open to all businesses in
the Bahamas regardless of their
sector or size.

“This advocacy organisation,
which is what the Chamber and
BECon already are, will be the
unequivocal voice of the pri-
vate sector in the Bahamas.”

Mr Nutt said the merger
should make the BCCEC
“more efficient and effective
with the resources we have”.
He added that the merger had
effectively taken nine years to
fully consummate, with initial
talks about the possibility hav-



Hydro.”

CHAMBER/BECON
MERGER ‘DONE DEAL’

ing first been held in 2001.

These feelings coalesced in
2003 at a joint meeting between
the Chamber and BECon,
which determined that both
parties were “amenable” to a
merger, and between then and
2009 the two sides worked
closely together “to learn each
other’s culture, standards and
operating procedures”.

“The main thing we found is
that a merger did not detract
from the core role of each
organisation,” Mr Nutt told Tri-
bune Business. “One comple-
mented the other in an organi-
sation encapsulating all the
things a non-governmental
organisation should have.”

The BECon president said
there were “quite a number of
changes” addressed in the Arti-
cles and structure of the merged
BCCEC, with the existing
Chamber posts of president and
vice-president set to be
replaced by those of chairman
and non-chairman respective-
ly.
at addition, the Chamber’s

current full-time executive
director post will be upgraded
to the status of chief executive.
This, Mr Nutt indicated, was
designed to ensure stability and
continuity at the BCCEC,
rather than maintain the pre-
sent situation where the Cham-
ber’s goals and character were
heavily influenced - and often
changed - by the personality
and personal ‘wish list’ of an
incoming president.

“We're looking at trying to
make the organisation more
sustainable by having a contact
point such as a chief executive,”
Mr Nutt explained. “The organ-
isation will not change its
flavour based on who is presi-
dent. It will be a more sustain-
able organisation that is not
altered as much by who the par-
ticular officers may be.”

Mr Nutt said the BCCEC’s
structure would also be differ-
ent from the existing Chamber,
being composed of 12 different
divisions. Apart from the one
headed by the chief executive,
each division will be chaired by

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certificate

different directors.
“What we are looking to try
to do is attract as many mem-

bers as possible to come and }
work on division committees to i
help us be sustainable, be }
? by mortgage indemnity insurance, stating: “It’s certainly not our
: policy, not our practice and not what we want to do.”

education and training; labour }

proactive,” Mr Nutt added.
Some of the divisions will be

relations; small and medium-
sized enterprises; finance and
budget; a young professionals’
organisation; and internation-
al trade.

Tribune Business that the
“technical side of the merger”
had been completed, with both
Chamber and BECon members
ratifying the new constitution

the BCCEC.
“It puts us in a better posi-
tion to deliver the services side

of the merger. Both the Cham-
cessful from an advocacy per-

discussions on private sector
advancement, and helping to
“create the environment to do
business successfully”.

Yet that was “only one part
of the equation. The Chamber
is also a service provider on a

we’re doing now is building the
structure and the infrastructure
to be more of a service provider
than we have been in the past,”
Mr Rolle added.

to business education services
were key elements of this, he

tute being the key delivery
mechanism.

“We’re able to deliver now.
That’s the value added side of

Rolle added, pointing out that
businesses needed more than
advocacy.

While the BCCEC focused
on integrating both legacy
organisations and launching

said it would also be dealing
with ongoing external issues
affecting the business commu-

tion.
Mr Nutt explained that

registered non-profit company,
and BECon a voluntary associ-
ation of employers, the deci-

Chamber as the surviving enti-
ty, merging BECon into it after
the Articles and Memorandum
of Association had been
changed. BECon’s assets and

Chamber come end-December
31, 2010.

ane dollar value
goad towards
any purchase

very important”.

FINCO rebuts broker fears

FROM page 1B

Jan Knowles, Royal Bank’s spokeswoman, issued this state-

? ment to Tribune Business after this newspaper had been contact-
? ed by several irate Bahamian insurance brokers, who were com-
: plaining that clients were being told by FINCO representatives that
? they must take out homeowners insurance through the bank,
? which has its own insuret’s broker licence.

Mr Rolle, meanwhile, told }
: Bahamas Insurance Brokers Association’s (BIBA) annual gener-
? al meeting (AGM) last month, some brokers stating that clients
? were being told that they must insure through FINCO until the out-
? standing mortgage principal was equal to the value of the mortgage
; indemnity insurance.

and organisational structure of }

Tribune Business understands that the issue was also raised at the

“They’re saying that if you have a Mortgage Indemnity policy

? with FINCO, you have to do homeowners insurance with them,”
? one Bahamas-based independent broker subsequently complained
? to Tribune Business.

of the equation,” Mr Rolle said }

This, they said, resulted in “a lack of freedom of choice for the

? consumer”, and was anti-competitive, given that they had been able
ber and BECon had been suc- } to find a policy whose premium was cheaper than what a client was
? quoted by FINCO.

spective, playing a key role in }
? independent insurance expert who had their best interests at heart,
? rather than be insured under a block group policy that was close-
i ly linked to their lender.

The broker also said that some clients preferred to deal with an

A Mortgage Indemnity Guarantee is insurance coverage, usually

? taken out at the beginning of a mortgage contract, when the bor-
? rower is unable to put down a certain percentage of the real estate
: purchase price.

more micro level, and what }

This percentage is normally 20 per cent, and if unable to meet

i this, the borrower makes a one-time insurance payment to provide
? cover that the lender will be able to claim on if they default. The
? Insurance is thus designed to minimise the bank’s risk exposure,
? usually guaranteeing the difference between the loan amount and
? outstanding balance.

Technical support and access }

Tribune Business took the brokers’ concerns to Tanya McCart-

: ney, FINCO’s managing director, who referred the queries to
? Ms Knowles.

added, with the Chamber Insti- :
? moist mortgage borrowers to take out a Mortgage Indemnity
? Guarantee, Ms Knowles said of the brokers’ claims: “It has not
? been our practice to say you must get homeowners insurance
? from us.

what we propose to do,” Mr }

Telling this newspaper that FINCO would normally require

“It’s up to the client whether they get insurance from us or

? externally, and we accept either. There is no way we are telling
? them they must have it from us. That’s not our policy.”

Ms Knowles said FINCO had “checked just to make sure it

? was not happening at the ground level”, and she added: “It’s not
? our policy. We’re happy to take insurance from whomever. We just
? want to know you have the coverage.

new programmes, Mr Rolle
: tainly not our policy, not our practice and not what we want to do.
: They can take it out with us, they can take it out with whoever, so
? Jong as they are covered.

nity, such as trade liberalisa- :

“It’s a concern that impression may be out there but, no, it’s cer-

“If you have a favourite insurer, go with a favourite insurer.

? Some people have been working with a company for years and
? years, and if that’s what they want, that’s fine.”
because the Chamber was a :

Tribune Business understands that homeowners insurance poli-

: cies taken out through FINCO are equally shared by Bahamas First
? and RoyalStar Assurance, each splitting the premium income and
? coverage 50/50.

sion was made to leave the }

Independent insurance brokers have become increasingly wary

? in recent months about commercial banks dictating where mortgage
? clients place their homeowners policies, after Scotiabank
? (Bahamas) developed an arrangement where borrowers would
? be placed on a group policy with J. S. Johnson if they were unable
i to provide evidence they had coverage by a certain date.

liabilities will be vested in the }

The bank said this was necessary to protect its interests, and has

: subsequently worked out protocols with the insurance industry as
; to how the scheme should work.

gift

certificates

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





THE TRIBUNE

TUESDAY, DECEMBER 7, 2010, PAGE 3B





Export plan
could benefit
40 firms

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

The Bahamas Chamber of
Commerce expects more than
40 Bahamian companies will
be in a good position to ben-
efit from an export-boosting
program, which aims to help
firms currently exporting
goods or services, or looking
to do so, overcome barriers
to expanding their trade
across borders or within this
nation.

The Chamber is encourag-
ing small and medium-sized
enterprises to apply to partic-
ipate in the Inter-American
Investment Corporation-
funded FINPYME Export-
Plus program it launched yes-
terday, which will see compa-
nies given technical advice to
help them grow their over-
seas exports.

Winston Rolle, the Cham-

ber’s executive director, told
Tribune Business it was “very
feasible” that more Bahamian
companies can get involved
in international trade of their
goods and services through
the ExportPlus program, with
the potential gains from such
a shift towards greater global
competitiveness having a “sig-
nificant impact” on a Bahami-
an economy that has tradi-
tionally seen very few of its
goods or services sold abroad.

Launch

A number of companies
attended the launch of the
program at the British Colo-
nial Hilton yesterday, with the
agricultural and fisheries sec-
tors heavily represented, in
particular.

Others will have the chance
to apply to get involved ahead
of the February 2011 dead-

Island West

Real Estate Company, Limited
(In Voluntary Liquidation)

All persons having claims against the above-
named Company are required on or before dated
31stday of December A.D.2010 to send their
names, addresses and particulars of their debts
and claims to Mr. Thomas Trevor Dean, P.O.Box
F-42578, Freeport, Grand Bahama Island, The
Bahamas, the Liquidator of the Company or, in
default thereof, they may be excluded from the
benefit or any distribution made before debts are

proved.

line for applications.

“We initially invited 30 to
40 companies who could ben-
efit to the launch, and we sus-
pect the number out there
who could get involved may
be quite a bit larger,” said Mr
Rolle.

Once selected for involve-
ment based on their potential
to benefit from the program,
among other criteria compa-
nies will be assessed so a
determination of the exact
kind of technical assistance
they require to boost their
exports can be made.

The IIC will fund the pro-
vision of local, regional or
international consultants who
may be able to provide the
kind of expertise that a par-
ticular business requires to
overcome some of the obsta-
cles to expanding its national
or international trade.

“Tt does not have to be just
those who want to trade out-
side of the Bahamas. You
could be a company in a Fam-
ily Island looking to export to
New Providence or Grand
Bahama,” added Mr Rolle.

The type of technical assis-
tance that may be offered
could include: help with com-
plying with certification
processes in areas such as san-
itation, packaging and quality;
enhancing operations to
increase productivity and/or
advice on improving manage-
ment in areas such as strategic
planning, marketing and
export sales.

Businesses eligible for par-
ticipation must have been in
operation for at least three
years and have annual sales

‘Every reason’ for 8-10%
shipping registry growth

FROM page 1B

industry clients, Mr Deveaux
said the BMA had introduced
administrative protocols so
that it and its services were
“available 24/7 to its clients
around the world”.

Online communications
with the ship owners and
companies that controlled the
1,650-1,700 vessels registered
on the Bahamas shipping reg-
istry had also been improved,
while this nation had also
“promulgated” the yacht reg-
istry code to encourage high
net worth individuals to use
it for their vessels as well as
wealth management.

Asked how important the
maritime industry could
become to the Bahamas, Mr
Deveaux replied: “Global
shipping is expanding rapidly
in South-East Asia, Africa
and South America, and
because of the location of the
Bahamas, there’s every good
reason to think we should be
growing at 8-10 per cent a
year, in tandem with the
growth in shipping as it
expands.”

Mr Deveaux added that
reforms enacted earlier this
year had left the BMA with
“a fee schedule that is very
competitive”, changes includ-
ing waiving the registration
fee for new shipowners and
providing incentives ranging
from a one-third to 60 per
cent reduction in fees for
owners registering multiple
ships.

Pointing out that the whole
package of measures enacted
over the past year had
“strengthened” the BMA asa
quality ship registry, Mr
Deveaux said they had also
improved its “overall position
vis a vis competitors such as
the Marshall Islands and Mal-
ta.

“We are infinitely more
price competitive, and admin-

istratively more proactive,”
the minister told Tribune
Business. “We think the busi-
ness that is ours will resume
coming to us. We were never
in the same business as Pana-
ma and Liberia, but it was
necessary to do this to ensure
the merchant fleet, the cruise
fleet and the increasingly
important yacht fleet saw the
Bahamas as the best option,
and not giving incentives to
lawyers, accountants and
wealth managers to steer peo-
ple away from the Bahamas
because we were perceived as
too slow or too expensive.”

Marketing the Bahamas,
the BMA and the range of
maritime products and ser-
vices it offered was key, Mr
Deveaux said, pointing out
that another issue recently
brought to the authorities’
attention was the issue of per-
forming rights related to
music played aboard Bahami-
an-registered ships, such as
cruise vessels.

a
a

* Shopping Canina,

Royalty payments have to
be made to the artists whose
tracks are used, and Mr
Deveaux said: “We found the
Bahamas was not as compet-
itive in that regard”.

With this having implica-
tions for some shipowners as
their fleets became larger, the
minister said the BMA was
now in discussion with the rel-
evant performing arts body
“to establish a mechanism to
ensure rates do not put us at a
disadvantage”.

The BMA Board was due
to meet this week to set tar-
gets and goals for 2011, Mr
Deveaux saying all these had
been met for 2010. The tar-
gets achieved included
appointing a new BMA direc-
tor, opening the Hong Kong
and Greece offices, the yacht
code and registry, attending
various conferences and nom-
inating a BMA officer to meet
with a group of Bahamian
shipowners four times per

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EVERYTHING MUSTGO!

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of over $200,000. More infor-
mation can be accessed by
calling the Chamber at 322
2145, or going to the organi-
sation’s website at www.the-
bahamaschamber.com.Appli-
cations are to be made avail-
able online at the website
shortly.

Dated the 6th day of December A.D.,2010
Thomas Trevor Dean
Liquidator

PUBLIC NOTICE
MINISTRY OF NATIONAL SECURITY



=

DISCONNECTION ra)
NOTICE

The Bahamas Electricity
Corporation wishes to advise the
public that it has commenced
electricity service disconnections
of ALL accounts with overdue
balances. This includes the
accounts of customers who have
payment arrangements with BEC
but are not honoring their
commitments.

The Ministry of National Security wishes to advise that with effect from 13 December 2010
the Royal Bahamas Police Force will commence strict enforcement of the seat belt law,
which was enacted on 8 March 2002.

The Public is reminded that Section 42 C (1) of the Road Traffic Act Ch.220 states that:
“no person shall drive a motor vehicle or permit a person
to ride as a passenger in that motor vehicle unless that
person or that passenger is secured by a seat belt.”

Section 42 C (2) states that:

“no person shall ride as a passenger in any motor vehicle
on any road unless he is secured by a seat belt.”

Section 42 C (3) states that:

“Where any passenger mentioned under this section is under
the age of five years, such passenger shall be secured ina

child passenger seat positioned in the rear passenger seat of the
motor vehicle.”

The Public is further reminded that:

“Any driver of a motor vehicle who drives without a seat

belt or allows a passenger in such vehicle to ride without a seat
belt commits an offence and is liable on summary conviction
to a fine of $300. (Sec. 42 C (4). A passenger who rides in a
vehicle without a seat belt commits an offence and is

liable to summary conviction to a fine of $100.” (See. 42 C (5)

The public is also advised that

payments can be made directly to
the Corporation's payment centres
in New Providence and the Family
Islands or at any major banking
institution (either online or over the
counter).

Section 42 C (6) states that:

“Every person who is guilty of an offence against this section
who being the person driving the motor vehicle at the

time of the breach, permits a child to ride without a

seat belt or secured in a child passenger seat and such
person shall be liable on summary conviction to a

fine of five hundred dollars.”

Please call

302-1623/4
or toll free at
242-300-0110

for any billing queries

The Public should note that Section 42 (b) provides exemptions to the following class of
vehicles:

(a) a tractor

(b) a motor cycle

(c) an omnibus, except the front seats used by the driver and any other persons
sitting alongside the driver’s seat

(d) a truck, except the front seats used by the driver and any other passenger sitting
alongside the drivers seat, and in case of a truck with double rows of seats in the
cab double rows of seats

(e) motor vehicles specifically designed for the use of the physically or medically
handicapped.

View your electricity account online at
www. bahamaselectricity.com

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

The Ministry requests that the motoring public pay careful attention to this announcement
and buckle up. Seat Belts save lives.





PAGE 4B, TUESDAY, DECEMBER 7, 2010

THE TRIBUNE



ARMING SECURITY GUARDS:
‘TAM GETTING THERE FAST’

FROM page 1B

FROM page 1B

Kerzner International (Bahamas) chief
energy manager and director of emergency
preparedness, Kevan Dean, was yesterday
reluctant to put a figure on the savings
accrued by Atlantis from the energy pro-

i gram first initiated in 2001.

However, based on more recent per kilo-

watt hour costs of between $0.27 and $0.33

Dionisio D’ Aguilar, chairman of BISX-listed AML Foods, }
which owns the Town Centre Mall Cost Right store hit by armed }
robbers on Saturday evening, told Tribune Business that many in }
the private sector were “scared ****less” at the prospect of being }
targeted by armed criminals in the run-up to the Yuletide season, }
adding that the weekend’s events indicated that criminals were }
becoming increasingly bold.

Pointing out that Bahamian businessmen could do little other }
than equip their establishments with Closed Circuit Television }
Cameras (CCTV) and post unarmed security guards at the front }
door, Mr D’ Aguilar said: “The criminals are showing this does not }
phase them one bit.

“Right now, the only solution is to put }
cops on the ground with guns. They need }
to put as many police on the ground this }
season. They need to flood the commercial }
areas with officers. Get them out of the }
offices and the station, and get them on the }
ground and in the field so there’s a very }
visible presence. They know where the
hot spots are.” i

Asked about whether he thought the }
Bahamas should allow trained, licensed
private security firms to carry firearms, }
Mr D’ Aguilar described that as being a }
“major, huge shift for us”. i

On this question, he added: “I’m not }
there yet, but I’m getting there fast. It may deter someone robbing }
the place, but equally it may result in someone shooting people.” }

Again urging the police to maintain high visibility with road- }
blocks and numerous officers on the streets, in the hope this might }
deter some would-be robbers, Mr D’ Aguilar, who is also president }
of Superwash, the laundromat chain hit five times by armed rob- }
bers in 10 days recently, said: “I think everybody is scared ****less. {
It’s damn scary out there, scary as hell. Everybody is hoping and
praying not to get hit. They only thing they can do is rely on the }
Royal Bahamas Police Force. i

“Businesses have to make it as unattractive as possible for them }
to be robbed, and the only way is to minimise the amount of cash }
they hold. If you’re going to get hit, it’s best to limit the cash you }
hold. Between now and going to your grave, you have to limit your }
losses.” i

Mr D’Aguilar described the robbers who hit the Cost Right }
store at the Town Centre Mall as “pretty bloody bold”, given that }
it was 6pm on the peak trading day, with numerous persons around. }
Armed robbers, he said, usually liked to avoid targets where there }
were numerous persons present. :

“Tt indicates they’re getting pretty bold,” Mr D’Aguilar said of
events at the Town Centre Mall on Saturday, pointing out that the }
robbers targeted Nassau’s second busiest shopping centre on its }
busiest day in the run-up to Christmas. “We’ve got to be vigi- }
lant.”



DIONISIO D’AGUILAR

cents, Tribune Business calculates such
energy usage-reduction could amount to
savings of at least $80 million - and just
shy of $100 million - for the resort since
the beginning of this decade, when the pro-
gram was initiated. This does not take into

: account the cost of implementing the ener-

gy conservation and efficiency programs
and equipment.

Mr Dean, who was brought in as an ener-
gy conservation manager for Kerzner Inter-

? national (Bahamas) in 2001, said the resort

“tries to be as energy conscious as we can”.

Asked whether he was aware of how the
resort’s approach to energy usage and effi-
ciency compares to other Bahamas hotel
properties, Mr Dean estimated that where
others may rank at around a five for com-
mitment to energy efficiency, Kerzner
would be closer to an ‘8.5’on such a scale.

Speaking to the Bahamas Society of
Engineers at their Engineering, Design and
Construction conference on Friday, Mr
Dean said energy accounting - achieving a
more specific breakdown of which parts of

? the resort use what quantity of energy, and

how this fluctuates over time - was a critical
element of Atlantis’ move to become a

? more efficient energy user.

So was affecting its employee outlook
on energy usage. To date, Mr Dean says
awareness raising efforts through the hotel’s
in-house newsletter, seminars and games,
along with the rise in employee focus on
this area as a consequence of feeling the
effects of spikes in the cost of energy they

? use in their own homes, have resulted in an

increased commitment to taking simple
steps - such as turning off lights in unused
rooms or shutting refrigerator doors in a
timely fashion.

However, it has been in the area of test-
ing, maintaining and upgrading the resort’s

Upgrades slash
Atlantis’s air unit
costs 12 per cent

massive electrical infrastructure that Mr
Dean has been kept most busy.

Pilot projects to test energy usage by
certain categories of equipment in the
resort, and how this is improved through
the implementation of upgrades to com-
ponents or a particular maintenance pro-
gram, have resulted in more widespread
implementation of such measures.

A heating, ventilation and aircondition-
ing (HVAC) system optimisation project
Mr Dean undertook recently proved the
success of replacing certain components
within some of the hotel’s air handling unit
(AHU) systems, resulting in monthly ener-
gy usage reductions of 12 per cent per unit,
with enhanced motor efficiency, decreased
downtime and an extended machine life.

The pilot project led to the upgrading
of 50 air handling units throughout phase
one of the resort, and a further 25 should be
finished before the end of this year.

Mr Dean also undertook a “power qual-
ity” project, which involved water pumps
throughout the resort.

Using diagnostic testing equipment,
Kerzner was able to determine whether
motors were running optimally, and take
simple steps to improve their output per
unit of energy consumed.

“One of the things we look at is the align-
ment of motors. When a car is misaligned it
wears tyres down quicker. It’s the same
with motor equipment; if it’s misaligned
it’s working harder to give the same output.
There are maintainance-type corrections

that can be made to improve efficiency,”
said Mr Dean.

Among other steps taken by Atlantis to
reduce its energy usage and power bill are:
the retrofitting of guestrooms with CFL
lighting; installation of room occupancy
sensors, and removing unnecessary light
fixtures in certain parts of the hotel, such as
linen rooms and landings.

“We are always looking at new areas or,
if things change and there is new technolo-
gy, we may go back and make adjustments
or implement new projects to improve
energy efficiency.

“A case in point is with the next genera-
tion of lighting on the horizon - LED. That
will be the next move in certain areas where
it’s applicable, although you’ve got to look
at getting the right technology for the right
solution and application. It might appear to
or even save you money, but it may not
give you right light output or colour or
temperature and design, or work with your
controlling system,” said Mr Dean.

Overall, however, Mr Dean said it was
not just energy-saving that drives Kerzner
to make enhancements throughout the
resort that result in conservation.

“It’s got to make economic sense as well.
An average project (to enhance energy
efficiency) pays back in savings in two to
four years on average,” said Mr Dean. “But
there are changes you can make which will
have a negative impact on your operations.
You have to make sure you find a solution
that works for you.”

Sale efforts ‘not fruitful’ for 51% BISX firm stake

FROM page 1B

: uidators have determined that

? Mosaic owns a 51 per cent

COMMONWEALTH OF THE BAHAMAS 20100 LEtqui14t4
IN THE SUPREME COURT
Common Law & Equity Side

IN THE MATTER OF all that piece parcel or lot of land
comprising 2.62 Actes situate Southwards of Andros Anglers
Club on the [sland of Andros one of the Islands of the
Commonwealth of The Bahamas

AND
IN THE MATTER of The Quieting Titles Act, 1959
AND
IN THE MATER of the Petition of James M. Halron.
NOTICE OF PETITON

The Petition of JAMES WL HALROMWN of L618 State Street
in Green Bay im the State of Wisconsin in respect of:-

ALLthat piece parcel or lot of land omginally thought to
contain 2.618 acres and now shown to comprise 2.62 acres
situate Southwards of Andros Anglers Club and running
thereon Four hundred and Thirty (430) feet more or less on
the NORTHEAST by the Sea at the High Water Mark and
running thereon Two hundred and Seventy-six (276) feet
mortof less on the SOUTHEAST by the property of Coconut
Farm Limited and running thereon Four hundred and Six
(406) feet more or less and on the MOUTHWEST by a Fifty
(30) foot wide road reservation known as Swamp Street and
running thereon Two hundred and Seventy-two and Forty-
two hundredths (272.42) feet and whieh said parcel of land
has such position shape marks boundaries and dimensions
as are shown on the plan filed herein and thereon coloured
Pink.

JAMES M. HALON claims to be the owner in fee simple
In possession of the sud land tree fram encumbrances. and
has made application to the Supreme Court in the
Commonwealth of the Buhamas under Section 3 of The
Quieting Titles Act, 1959 to have his title to the said land
investigated and the nature and extent thereof determined
and declared in a Certificate of Title to be granted by the
Court in accordance with the provisions of the said Act.

A plan of the said land may be inspected during mormal
office hours in the following places:

(a) The Registry of the Supreme Court in the sud City of
Nassau:

(b) The Chambers of McKinney, Bancroft & Hughes,
Mareva House, 4 George Street in the City of Nassau,
Attorneys for the Petitioner; and

(a) The Office of the Administrator at Nicholl’s Town,
Andros.

Notice is hereby given that any persons having dower or a
night of dower oran Adverse Claim or a claim not recognized
in the Petition shall on or before the 20th day of January,
2011 fle in the Supreme Court and serve on the Petitioner
or the undersigned a statement of their claim in the prescribed
form, verified by an Adndawit to be filed therewith. Failure of
any such person to file and serve a statement of his claim
on or before the said 20th day ofJanuary, A.D., 2011 wall
operate as a bar to such claim.

Dated the 11th day of Novernber, A.D,, 2010
McKINNEY, BANCROFT & HUGHES

Mareva House
George Street
Nassau, The Bahamas.
Attorneys for the Petitioner



i controlling interest in Premier
? Real Estate Investment Cor-
} poration, a publicly-traded
? Bahamian income trust which
? owns commercial real estate
? in the Bahamas.

“The Mosaic joint liquida-

i tors are continuing their
: efforts in selling the interest,
: while collecting Premier’s div-
? idends. The Mosaic joint liq-
i uidators are marketing the
: controlling shares of Premier
i: Commercial Real Estate
: Investment Corporation.
: Negotiations with a prospec-
i: tive purchaser to date have
? not proven fruitful.”

Tribune Business revealed

i in January 2010 how the 51
i per cent equity stake in Pre-
? mier Commercial Real Estate
: Investment Corporation was
i predicted to be the best
? source of recovery for the
: mainly-Canadian investors in
: the Olympus Univest struc-
? ture, who are likely to recov-

er just 3.69 per cent of their
investment.

At that date, Mr Massi and
Mr Culmer have recovered
Cdn$11.495 million out of the
Cdn$17.392 million forecast
from Mosaic Composite.
These funds include a
Cdn$7.813 million investment
in another investment fund;
Cdn$.1053 million in claims
from two Bahamas-based liq-
uidations; and Cdn$730,000
in interest and tax refunds.

And a further Cdn$1.899
million had been received in
dividends Premier Real
Estate Investment Corpora-
tion, which is a mutual fund
that owns Freeport's First
Commercial Centre and two
properties owned by the
Coca-Cola producer in both
Nassau and Freeport. The val-
ue of Mosaic’s shareholding
in the BISX-listed entity,
though, was shown to have
deteriorated from Cdn$6.38
million as at February 27,
2007, to Cdn$5.897 million as
at September 30, 2009.

Premier Real Estate was

NOTICE
In the Estate of Carl Granville Treco
O.B.E. late of No. 18 Brace Ridge Road
in the Eastern District of the Island of
New Providence, one of the Islands of the

Commonwealth
deceased.

of The

Bahamas,

NOTICE is hereby given that all persons

having any
against the
required to

claim ofr
above
send

demand
Estate are

the same duly

certified in writing to the undersigned on
or before the 14th day of December A.D.
2010, after which date the Executors will
proceed to distribute the assets of the
deceased having regard only to the claims
of which they shall then have had notice.

AND NOTICE is hereby given that all
persons indebted to the said Estate are
requested to make full setthement on or
before the date hereinbefore mentioned.

HARRY B. SANDS, LOBOSKY &
COMPANY
Attorneys for the Executors
CHAMBERS
Shirley House
Fifty Shirley Street
Nassau, Bahamas.



created by Hannes Babak, a
former major shareholder in
the First Commercial Centre,
and the former Grand
Bahama Port Authority chair-
man. He has nothing to do
with the Olympus Univest sit-
uation, and has done nothing
wrong in relation to it.

Among Premier's founding
directors, although he is no
longer on the board, was
Stephen Hancock, president
and chief executive of Cardi-
nal International, the ex-
Bahamian fund administrator
for Olympus Univest, Mosaic
and a number of other entities
in the investment structure
that was managed by Cana-
dian-based entity, Norshield.

Meanwhile, Messrs Culmer
and Massi added that they
were pursuing litigation
against Mosaic’s current
director, a Minnesota-based
individual named Lowell
Holden.

Alleging that Mosaic was
incorporated as a Bahamian
International Business Com-
pany (IBC) on January 27,

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1997, the duo claimed it was
subsequently re-domiciled to
Anguilla on March 4, 2005,
before merging with a Min-
nesota company to become
Mosaic US.

Messrs Culmer and Massi
said the placing of Mosaic
Composite into liquidation by
the Bahamian Supreme Court
prevented Holden from hav-
ing the power to make loans,
advances or incur expenses
on Mosaic’s behalf.

They are alleging that
Holden broke these Orders
by making payments, on
Mosaic’s behalf, to third par-
ties worth at _ least
Cdn$560,015 and US$795,722.
Some $10,000 of this, they
allege, went to a Bahamian
law firm to compensate it for
work done on Olympus Uni-
vest’s behalf.

But, in denying their claims,
Holden is alleging in a coun-
terclaim that the liquidators
are holding assets and prop-
erty worth more than $5 mil-
lion that belong to Mosaic
(US) and himself.

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



THE TRIBUNE

TUESDAY, DECEMBER 7, 2010, PAGE 5B



GLOBAL ECONOMIC NEWS

fe




the world Monday:













Paul White/AP

BUDAPEST, Hungary —
Credit ratings agency Moody's
downgraded Hungary's gov-
ernment bonds by two notch-
es, citing worries about public
finance policies and exposure
to foreign financial shocks,
such as the European debt cri-
Sis.

Moody's Investor Service
said it cut the rating to Baa3
from Baal — just one step
above junk category — and
kept its outlook as negative,
meaning more downgrades are
possible in the coming three
months. Hungary's currency,
the forint, weakened by just
over | percent against the euro
and the U.S. dollar on the
Moody's announcement, but
later recovered slightly.

Prime Minister Viktor
Orban's center-right govern-
ment has committed to bud-
get deficit limits set by the
European Union but has
resorted to unusual methods
— including special taxes on
banks and energy, telecom-
munications and retail compa-
nies — to reduce the deficit
below 3 percent of GDP in
coming years. The government
is also planning to fill budget
holes with some $13.3 billion
(eurol0 billion) accumulated
on private pension funds.






























BERLIN — Germany has
reiterated its commitment to
the joint European currency
and Poland has stressed it still
wants to join it, despite the
financial difficulties plaguing
the bloc.

Germany's Finance Minis-
ter Wolfgang Schaeuble told
the Bild daily that despite
some German grumbling
about European Union
bailouts for Greece and Ire-
land, no one is seriously con-
sidering abandoning the euro.
The euro lost about 10 percent
in value through November as
Irish economic woes weighed.
The drop is actually a benefit
for Germany's export-driven
economy, making its goods
cheaper abroad.

Schaeuble also flatly reject-
ed a two-tiered eurozone of
more-stable and less-stable
nations, saying "that would be
infinitely more expensive than
everything we're now doing
for the euro.”

Polish prime minister Don-
ald Tusk, speaking through a
translator alongside German
chancellor Angela Merkel in
Berlin, reiterated his country's
determination to join the euro-
zone "as soon as we meet its
criteria."

































NEW DELHI — India and
France signed a multibillion
framework agreement to build
two nuclear power plants in
India as French President
Nicolas Sarkozy worked to
drum up business for his
nation and further strengthen
ties with a rising Asian power.

Sarkozy, one of a stream of
world leaders coming here
seeking lucrative deals for
their struggling economies,














a

A T E D

A look at economic developments and activity in major stock markets around




proposed a "total partnership"
with India in its growing needs
for civilian nuclear power.
Areva SA, one of France's
main nuclear power compa-
nies, will build two European
pressurized reactors of 1,650
megawatts each — a deal val-
ued at $9.3 billion — at Jaita-
pur in the western Indian state
of Maharashtra.

Several foreign governments
have been courting India to
get a piece of the lucrative
nuclear energy market as well
as other projects in a country
that estimates it needs at least
$1 trillion in infrastructure
investment over the next
decade. President Barack Oba-
ma and British Prime Minis-
ter David Cameron came in
recent months, and the leaders
of China and Russia are
expected before the end of the
year. The talks between
Sarkozy and Singh also
touched on plans for the struc-
tural reform of the interna-
tional monetary system.
France, which currently heads
the G-20, wants India's sup-
port for its planned agenda
that would call for limiting
excessive currency volatility,
controlling swings in com-
modity prices and reforming
global fiscal governance.

LONDON — European
stocks mostly moved sideways
as Europe's debt crisis loomed
over markets, offsetting any
optimism generated by Feder-
al Reserve chairman Ben
Bernanke's suggestion that
stimulus measures could be
boosted.

In Europe, finance ministers
from the 16-nation euro zone
gathered to discuss ways to sta-
bilize their currency union and
avoid more expensive bailouts.
Two top officials called for the
creation of a new pan-Euro-
pean bond, while others will
seek a boost to the bailout
fund.

Britain's FTSE 100 lost 0.4
percent to 5,770.28, while Ger-
many's DAX rose 0.1 percent
to 6,954.38. France's CAC40
was down a bare 0.04 percent
at 3,749.23.

In Asia, Japan's Nikkei 225
lost 0.1 percent to 10,167.23.
Exporters including automak-
ers lost ground after a disap-
pointing U.S. jobs report Fri-
day weakened the dollar,
which would make Japanese
exports more expensive
abroad.

China's benchmark Shang-
hai Composite Index gained
0.5 percent to 2,587.17.

South Korea's Kospi fell 0.2
percent to 1,953.64, and Aus-
tralia's S&P/ASX 200 slipped
0.1 percent to 4,688.6. Bench-
marks in New Zealand, Singa-
pore and Taiwan advanced.

In currencies, the dollar was
trading up 0.1 percent at 82.7
yen. It had hovered around the
84-yen line for most of last
week before the U.S. jobs data
was released. The euro stood
at $1.329, off 0.7 percent on
the day.

PReEsS S

WORRYING TIMES:
A broker walks past
the main screen at
the Stock Exchange
in Madrid Tuesday

| Nov. 30, 2010.
Investors are wor-
ried that Spain may
need a bailout, and
that the funds allot-
ted for emergency
aid may not be
enough to help

“] Spain if it should
require aid.

MADRID — Spain may
extend the emergency decree
that ended a 24-hour air traffic
controllers strike, the prime
minister said, as flights
returned to normal after a
weekend of travel chaos that
stranded hundreds of thou-
sands of people.

The “state of alarm" mea-
sure, used for the first time
since Spain returned to democ-
racy in 1978, threatened jail
time for controllers who refuse
to work. It took effect Satur-
day for an initial 15 days and
controllers started returning
to work hours after it was
announced.

Hundreds of flights were
canceled during the strike,
which began Friday afternoon
at the beginning of one of
Spain's busiest holiday week-
ends and affected around
600,000 travelers. The strike
was the culmination of a
lengthy dispute with the gov-
ernment over working condi-
tions.






HELSINKI — Finnair cab-
in crews rejected a mediated
settlement in a labor dispute,
expanding a strike that will
ground hundreds more flights
and affect tens of thousands
of passengers.

The weeklong strike was set
to spread Tuesday to include
transport union members who
said they will support the
action by halting fuel supplies
to the Finnish national carrier.

During the strike Finnair
has managed to operate about
40 percent of its flights by leas-
ing planes from other airlines
and with “some” cabin staff
who have reported for work
despite the strike. More than
800 flights have been canceled
since the strike began on Nov.
30.



CHRYSLER LAUNCHES NEW 200, AVENGER SEDANS



Paul Sancya/AP Photo

INSPECTION: A line worker inspects a Dodge Avenger on the production line at the Chrysler Sterling
Heights Assembly plant in Sterling Heights, Mich., Monday, Dec. 6, 2010. Chrysler begins production
of the Chrysler 200 sedan, a midsize replacement to the Sebring that is a key part of the company’s
revival. CEO Sergio Marchionne says nearly every part of the carhas been changed from the old mod-

el, which was derided for its poor quality.

DEE-ANN DURBIN,
AP Auto Writer
STERLING HEIGHTS, Michigan

Chrysler Group wants to show the world that
it's serious about mid-size sedans.

After years of disappointing sales, the com-
pany on Monday launched production of the
revamped Chrysler 200 — which replaces the
Sebring — and the Dodge Avenger. The cars
have a new look, new engines and hundreds of
other changes designed to lure back customers
who have fled Chrysler in recent years, scared off
by its financial troubles and its reputation for
poor quality.

Chrysler CEO Sergio Marchionne said the

company spent $300 million revamping the cars.
Both go on sale this month, starting at yust under
$20,000.

"The Chrysler 200 is the first step in rejuve-
nating the Chrysler brand," Marchionne told
1,200 workers at the suburban Detroit plant
where the sedans are made. The company is so
bullish about the new products that it plans to
hire 900 more workers and add a second shift to
the plant later this winter.

Chrysler is aiming to be a true competitor in
the unforgiving U.S. mid-size car segment. The
segment is the largest in the U.S., accounting for
nearly one in five vehicles sold last year, and it's
the home of perennial best-sellers like the Toyota
Camry and Honda Accord.

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



PAGE 6B, TUESDAY, DECEMBER 7, 2010

THE TRIBUNE



American voices on making the



ULISES ARANDA in Dallas, Wednesday, Nov. 17, 2010.

COMMONWEALTH OF THE BAHAMAS CLE gu/1153

IN THE SUPREME COURT
Commenon Law and Equity Division

TN THE MATTER OF ALL THAT piace, parcel or bot of land being
lt sumber Gobi (8) in Block nuriber Terenby-five (25) in 2
pebdinsion celled and imoan 2s “Coconut Geowe Subdivision”
containing en area of Five Thoesand Two Hundred and Aiy-tvo
(5.252) square feet and situate on the Soulhem side of Bahama
Aomerae if the Central Chstrict af the Island of Mew Providence one
of the Hands of the Commonwealth of The Bahamas

AMD

TH THE MATTER. of the Petion of DELANO HAMILTON
AND

IN THE MATTER of the (uieting Titles At, 1999 Chapter 393

ATI OF PETIT

DELANO HAMILTON the Petlioner daims to be the camer in fae-simple in Poasesaon
fee from encumbrances of ALL THAT piece, parcel or lot of land being lot number
Fight (8) in Glock numer Teeenty-five (25) ia a subdivision called and known as
“Coconut Grove Subcheson” containing ae area of Five Thousand Two Hundred and
Fity-beg (5,252) square feet and situate on the Souther side of Bahama Avenge in the
Central Cistnct of the Island of New Prowidence aforesaid and bounded as follces: on
the Worth by a pubic weed losowet as and called “Eehama Avenue’ and running theseon
One Hundred and Five (105) Feet on the East by a public road known a5 and called
“Soth Street and runaing thereon Fifty (50) Feet on the South by land now or formerly
the property of Alex Claridge and rueniag there One Huncred ened Five (1005) Feet and
On the West by lad noe or immer the property of Thongs Howard and junning
thereon Filky and Free Teenthes (50.05) Feet and has made application ip the Supreme
Coort of the Commonweakh of The Bahamas under Section 3 of fhe Quietiag Tithes Act,
Chapter 383 ef the Stati Laws of the Commonwealth aforesaid (a3 cevised) to have
ag. be te The Said Land ievesiqa ied, debermnised and decioned in 4 Certificate of Tite to
be granted by the said Supreme Court in aocoedance with the provisions of the said
Quieting Tites Act, Chapter 343,

Copies of the filed Plan ef the said lot of land may be inspected during sonal office
hours at the folicaiag places:

(i) The Registry of the Supreme Court in the city of Nassau on the Idand of New
Prowidence wforesaid; and

(if) Oxford Law Chambers, Speregield Street, Fox: Hil, Nassau, The: Baharruns,

Wetice is hereby given that any person having Domar or a dott to Dower or any
Adverse: aint of 8 aim net recognized in the Petition shall by the 30° day of final
publication of this Motioe dile im the sald Registry of the Supreme Court in the dty of
Nassau aforesaid and serve on the Patifoner or his Atinmeys, Oadoed Lan Charebers,
Springfield Street, Fow Hill, Massau, The Bahamas a Stylemest of such claim in the
presided ton, werfied by an Atigawit f3 be filed therewith, Fellure of ary such
persons to file end serve & Statement of such dain by the 30° day of fina
pobbcation of thes Noto: wall operate: a3 a ber to puch claim.

Dated this { of Mevember, ADL, 2000
Chambers

Pak Plaga Annex
Springfield Sheet, Foe Hal
Nagiau, The Bahamas

Aomeys for the Petitioner

AP Photo/LM Otero

CALVIN WOODWARD,
Associated Press
WASHINGTON

tseems Washington is

all ears these days.

President Barack Oba-

ma says he'll take a

great idea to fix the
economy anywhere he hears it.
The Republican leaders in Con-
gress can't say enough how
determined they are to “listen
to the American people."

OK. Here goes.

We want less debt, lower tax-
es, more trade, less trade, "less
talk and more walk," a brand
new New Deal, a private sector
renaissance, money for trains
and roads, easier credit, a clam-
pdown on CEO pay, more
immigration, less immigration,
government off our backs, a
safer safety net, cheaper health
care, the dismantling of Oba-
macare — and how about some
energy derived from burning
algae?

Plus a new tone in Washing-
ton.

Allin a New York minute.

The Associated Press asked
people across the country to
serve up their ideas to set the
economy straight, a challenge
underscored Friday when the
jobless rate climbed to 9.8 per-
cent, topping 9 percent for a
record 19 straight months. They
answered in a cacophony of
voices, from the corporate
office to the cafe.

America is not just a tea par-
ty. It's a coffee shop in Texas,
too. It's a union hall in New
York and it's Silicon Valley in
California.

TALENT MAGNET

In Menlo Park, Calif., ven-
ture capitalist Marc
Andreessen, an online pioneer
who co-founded Netscape
Communications, said the "sin-
gle biggest thing we could do
to accelerate the economy by
far is to increase immigration."

"We have this bizarre para-
dox," he says, "where we have
the world's best research uni-
versities, we have the smartest
people who come from all over
the world to come to study.
They end up getting degrees in
computer science, electrical
engineering and chemical engi-
neering and then we kick them
out of the country. It's just
absolutely crazy.

"If they were able to stay
here to work for other compa-
nies and start other companies,
we would have so much more
economic growth. It would be
just amazing. What we are
doing now is just completely
self-destructive.”

The USS. offe*****rs 65,000
visas a year for foreigners with
advanced skills sought by US.
companies, plus 20,000 visas for







INTERNATIONAL
BUSINESS

people who graduate from US.
schools with a master's or high-
er in certain fields. Some com-
panies complain the visas are
not granted quickly enough.

COFFEE PARTIER

If the U.S. goes begging for
brainiacs, that means plenty of
opportunity for people such as
Ulises Aranda, 24, of the Dallas
suburb of Farmers Branch. He
graduated with a master's in
mechanical engineering in May
and had no shortage of job
offers. He chose to work for his
father's engineering construc-
tion firm. To him, the econo-
my will grow if students pick
the right fields and buckle
down.

"There's plenty of jobs out
there for engineering and sci-
ence majors,” he said from the
patio of Dunn Bros Coffee.
"But people aren't really grad-
uating with those degrees. I
spent my six years in college,
working hard. I busted my butt
and had no social life. Now I
have a job."

CREDIT CRUNCH

Larry Karel, 71, of Aventura,
Fla., owns a company that pro-
duces furniture shows around
the country. He says the small
businesses that exhibit at his
shows are starved for loans.

"IT never heard of so many
companies that are putting their
exhibit fee on a credit card,"
he said. Without loans, busi-
nesses can't create jobs and
people can't buy — and furnish
— new homes. "It's a vicious
circle."

DOWN WITH FREE TRADE

"I'm not a die-hard Democ-
rat, die-hard Republican — I'm
a 'what-are-you-going-to-do?'
die-hard," said Michael Walker,
54, of Corning, N.Y. He has
taken a temporary leave as a
production worker at Corning
Inc., the world's biggest maker
of glass for flat-screen televi-

ADAM GAYNIER poses for a portrait in in Dallas. Gaynier, 24, says
it will take more than meetings to make people believe in their eco-
nomic future again. "Less talk and more walk," is what he wants
from government.

sions, to work for the union.

He says free-trade practices
and outsourcing have devastat-
ed manufacturing, and the rip-
ple effects now are touching the
public sector. Both political par-
ties, he said, "acknowledge they
understand what's wrong but
none of them want to do any-
thing with it.”

More than half of Corning's
24,500-strong payroll is now
based outside the United
States, he said. Walker sees
economic decline affecting
teachers, municipal workers
and other public servants like
never before.

"They've never quite under-
stood this whole battle we've
had in the private sector
because they've never ever
been affected by a real down-
turn in the economy. You're
having communities and states
looking at denying benefits to
community employees and
state employees because you've
eroded the tax base to a point
where nobody can sustain
themselves."

That opinion is echoed in the
North Carolina foothills of the
Appalachian Mountains, where
Scott Millar, 50, chief business
recruiter for struggling Cataw-
ba County, wishes U.S.-made
products could be given a
strong tax advantage.

"If you're going to expect
jobs to be in America, you
should buy American. Every



AP Photo/LM Otero

consumer, in their purchasing
habits, affects their own job. I
know that's a little more diffi-
cult, probably, to buy a shirt
that's made right here, but do
your best."

UP WITH TRADE

Honeywell is a $34 billion
company with 130,000 workers,
half outside the U.S. It makes
jet engines, the cockpit on the
space shuttle, home ther-
mostats, equipment for refiner-
ies and much more. The AP
asked Dave Cote, chairman and
chief executive, for ideas to
expand the U.S. economy when
he was traveling with Obama
in India, where the New Jer-
sey-based company employs
11,000.

Trade works for both sides,
Cote said. "The thing I can
point to is that since the
Phoenicians, 3,000 or 4,000
years ago, it works."

"As you grow everywhere,"
he said. "you start to add jobs.
In the U.S., for example, we've
been adding employment over
these last few months — things
have turned and we've actually
started adding at the same time
that we're growing globally.

"So this is not a zero-sum
game, and it's a tougher con-
cept to get across, but, God, it's

SEE page 7B



NOTICE

EUROCASTLE TRADING INC.

In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138(4) of the International Business Companies
Act. 2000, EUROCASTLE TRADING INC. is in
dissolution as of November 11, 2010.

International Liquidator Services Inc. situated at 3rd
Floor Withfield Tower, 4792 Coney Drive, Belize
City, Belize is the Liquidator.

LIQUIDATOR

NOTICE

LYON BUSINESS LTD.

In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138(4) of the International Business Companies Act.
2000, LYON BUSINESS LTD. is in dissolution as
of November 29, 2010.

International Liquidator Services Inc. situated at 35A
Regent Street, PO. Box 1777, Belize City, Belize is
the Liquidator.

LIQUIDATOR

NOTICE
Yanni Management Limited

In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138(4) of the International Business Companies Act.
2000, Yanni Management Limited is in dissolution
as of December 1, 2010.

International Liquidator Services Inc. situated at 35A
Regent Street, PO. Box 1777, Belize City, Belize is
the Liquidator.

LIQUIDATOR

NOTICE

CANDYTUFT INC.

In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138(4) of the International Business Companies Act.
2000, CANDYTUFT INC. is in dissolution as of
November 16, 2010.

International Liquidator Services Inc. situated at 3rd

Floor Withfield Tower, 4792 Coney Drive, Belize
City, Belize is the Liquidator.

LIQUIDATOR



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THE TRIBUNE

TUESDAY, DECEMBER 7, 2010, PAGE 7B





economy mov



AP Photo/Wilfredo Lee

LARRY KAREL, 71, shown in his office, Monday, Nov. 15, 2010 in Aventura, Fla.

FROM page 6B

the truth.”

Yet Cote sees something
even more important for the
government to do than to
encourage the free flow of com-
merce. It relates to his work on
Obama's bipartisan deficit com-
mission, which produced a
report Friday recommending
$4 trillion in budget savings
over a decade by curbing Social
Security, raising taxes and
deeply cutting spending.

"That debt problem needs to
be solved or the seeds of the
next recession have already
been planted,” he told AP. “If
that doesn't get sorted out, then
almost nothing else we do is
going to matter."

He said: "People want to
point to stimulus spending,
Bush tax cuts, or Obamacare
and blame that — and those
are all sideshows."

INNOVATION NATION

In Durham, N.C., Bill Brown
co-founded 8 Rivers Capital, a
private equity firm supporting a
lab that is designing and test-
ing systems to make renewable
energy from the burning of
algae. The government has put
money into the project.

"The private sector has some
things that would truly change
the economy," he says. "Yet it
needs government support right
now."

Brown says that when Presi-
dent Ronald Reagan success-
fully pushed for a higher invest-
ment tax credit and hefty
upfront depreciation
allowances in the early 1980s,
leading-edge businesses took
off. "Without fostering this sort



(AP Photo/Wilfredo Lee)
LARRY KAREL, 71, shown in his
office, Monday, Nov. 15, 2010
in Aventura, Fla.

of innovation, we don't have a
hope of using the productivity
engine to get out of our current
economic rut."

CALL A MEETING

Indra Nooyi is chairman and
CEO of PepsiCo., the New
York-based multinational bev-
erage and food company
employing 110,000 in the USS.
The Indian-born executive is
one of the most powerful
women in business.

"My dream would be that
the president convenes existing
or retired CEOs and says, 'Go
to work and figure out how we
prepare a long-term plan for
the country so we can grow the
country's manufacturing base,"”
she said. "I think as a country
we have to sit down and talk
about the sectors that we want
to create in the United States
over the next 20-30 years — I
mean, almost a business plan
for the country — and then fig-
ure out how we're going to
plan, fully invest behind these

DHL.

AP

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into the future."

MORE WALK

government.

"You've got to back up what ; we're coming up with a solu-
you're saying with physical tion, even if it's not 100 percent

change that we can see. Amer- } what I want or 100 percent

ican people don't care about i what the Republicans want,"

what we don't see. We care i Obama said.

about the stuff we deal with on }
a day to day basis, buying gro- } meeting were Vice President

ceries, having enough money ; Joe Biden, House Speaker

to put gas in the car, the price ; Nancy Pelosi, House Majority
; i Leader Steny Hoyer, Senate
But words and meetings mat- ;
ter to Mark Peters, 53, who } and Senate Democratic whip
! 1a Dick Durbin.

Nursery in Colfax, N.C., in }
1982, right after college. He } completed this week. An
employs 28 people. A regis- } increasing sense of urgency to
tered independent, Peters says : complete the deal has set in at
? the White House, which also

lift if people were convinced } wants the Senate to ratify a

that Obama and congressional } pyclear arms treaty with Russia.

Republicans were committed $ But time is running out for law-
i makers in Congress’ lame-duck

From that, he says, a real ? gegsion,

plan to grow the economy }
could be found. "More than ; with Democrats Monday was
anything right now, it’s just hav- : designed to identify what pro-

ing that confidence that every- i visions would have to be in the
thing's OK, and I'm not going : tay deal to win Democratic sup-
to lose my job, and I'm going to } port.

of gas going up."

founded Piedmont Carolina

the economy would get a real

to working together.

be able to pay my bills.”

Werner in Mumbai, India;
Suzanne Gamboa in Washing-

Detroit.

President Barack Obama

? called Democratic leaders to
i the White House Monday in
i hopes of advancing a year-end
: bipartisan compromise to
i extend expiring tax cuts for all
i Americans and renew jobless
i benefits for the long-term
? unemployed.

Some Democrats have com-

i plained that the White House
? was surrendering too much to
? the Republicans by agreeing to
? include the upper income in
i any tax cut deal.

The White House also

: sought renewal of several other
? tax provisions that are expir-
i? ing. These were initially includ-
sectors, so that we can actually | qin the 2009 economic stimu-

get manufacturing jobs back to } tus bill and include a tax credit

the United States and keep a i for Jower- and middle-class

base of employment going well i wage earners, even if they don't
i make enough to pay federal
? income taxes, breaks to offset
i college tuition and breaks for
i companies that hire the unem-
i ployed.

Bearded, blue-eyed and lean, } apes
Dallas barista Adam Gaynier, } geal during a speech in North

24, says it will take more than i Carolina Monday, saying he
meetings to make people } would cede ground in his posi-

believe in their economic future } tions to help Republican and

bi " « rs
again. "Less talk and more } Democratic lawmakers work

walk," is what he wants from out a deal.

Obama signaled a looming

"We've got to make sure

Among those expected in the

Majority Leader Harry Reid

All sides say a deal could be

The White House meeting

Questions remained about

i how many concessions Obama

: could extract from Republicans

Contributing to this report i in exchange for extending cur-
were AP writers Linda Stewart } rent tax rates for high earners, a
Ball in Dallas; Emery P. Dale- + proposal he opposed. But with-
Raleigh, N.C.; Ben Dob- }

sto it Katergn, IN.\.; DEN 00” + out action, lawmakers face the
bin in Rochester, N.Y.; Matt } prospect of delivering a tax hike
Sedensk M > Michael }
edensxy In Miami, Michael + to all taxpayers at the end of
Liedtke in San Francisco; Erica + the year, when the current rates
? expire and revert to higher pre-

ass 8- + 2001 and 2003 levels.
ton; and Corey Williams in

Negotiations between the

; Obama administration and a

RRR Ree 2 ee BB

Requirements:

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Employment
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for leading Fast Food Franchise

¢ Must be a High School Graduate

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bipartisan group of lawmakers
centered on a two-year exten-
sion of current rates.

At the same time, a jump in
the unemployment rate to 9.8
percent is putting pressure on
Republicans to accede to Pres-
ident Barack Obama's demand
that Congress extend unem-
ployment insurance for a year.
GOP congressional leaders had
opposed an extension of bene-
fits without cuts elsewhere in
the federal budget.

"I think most folks believe
the recipe would include at
least an extension of unem-
ployment benefits for those
who are unemployed and an
extension of all of the tax rates
for all Americans for some peri-
od of time," Sen. Jon Kyl of
Arizona, the Senate's Repub-
lican negotiator in the talks,
said Sunday.

Central to the deal, White
House officials and Democrats
said, is an extension of unem-
ployment benefits.

"Without unemployment
benefits being extended, per-
sonally, this is a nonstarter,"
said Sen. Dick Durbin of Ilhi-
nois, the second-ranking mem-
ber of the Senate Democratic
leadership.

Republicans have insisted
that any extension of jobless
aid be paid for with cuts else-
where in the federal budget.
The White House opposes that,
saying such cuts are economi-
cally damaging during a weak
recovery.

Sen. Orrin Hatch, R-Utah,
said Republicans would proba-
bly cede that point to the
Democrats.

"Let's take care of the unem-
ployment compensation even
if it isn't ... backed up by real
finances," Hatch said. "We've
got to do it. So let's do it. But

e Democrats meet with
Obama over tax cuts deal

? JIM KUHNHENN,
i Associated Press
i WASHINGTON

that ought to be it." About 2
million unemployed workers
will run out of benefits this
month if they are not renewed,
and the administration esti-
mates 7 million will be affected
if the payments are not extend-
ed for a year.

Senate Republican leader
Mitch McConnell on Sunday
said discussions are still under
way on a variety of unresolved
issues.

Any deal would require the
approval of the House and Sen-
ate, and the president's signa-
ture. Obama told Democratic
congressional leaders Saturday
that he would oppose any
extension of tax rates that did
not include jobless benefits and
other assistance his administra-
tion was seeking.

The short-term tax and
spending debate is unfolding
even as Congress and the Oba-
ma administration confront
growing anxieties over the fed-
eral government's growing
deficits.

A presidential commission
studying the deficit identified
austere measures last week to
cut $4 trillion from the federal
budget over the next decade.

The movement toward a pos-
sible compromise came after
Republicans blocked Democ-
ratic efforts in the Senate Sat-
urday to extend the current tax
rates on all but the highest
income levels. Republicans pre-
fer extending all the tax rates
permanently, but that cannot
win legislative approval either.
Even if it did, Obama would be
sure to veto.

Durbin and Kyl spoke Sun-
day on CBS' "Face the
Nation," while Hatch appeared
on CNN's "State of the Union"
and McConnell on NBC's
"Meet the Press."

COMMONWEALTH OF THE BAHAMAS 20bCLE quits

Is THE SUPREME COURT

Common Law & Equity Side

IN THE MATTER OF all that piece parcel or lot of land
comprising 2.62 Actes situate Southwards of Amdros Anglers
Club on the Island of Andros one of the Islands of the
Commeanwealth of The Baharas.

AND

IN THE MATTER of The Cuieting: Tithes Act, 1459

AND

IN THE MATTER of the Petition of Coconut Farm Limited

NOTICE OF PETITION

The Petition of COCONUT FARM LIMITED a company
incorporated under the laws of the Commonwealth of The

Bahamas in respect of:

“ALL that piece parcel or lot of land originally thought to
contam 2.6178 acres and now shown to comprise 2.62 acres
situate Southwands of Andros Anglers Club on the Island of
Andros and bounded as follows: on the NORTHWEST by
land the property of James M_ Halron and running therein Four
hundred and Six (406) feet more or less on the WORTHEAST
by the sea at high water mark and running thereon Three
hundred and Nine (300) feet more of less on the SOUTHEAST
by Reeves Street and minning thereon Three hundred and
Eleven (311) feet more or less on the South by a junction of
Reeves Street and Sawimp Street and running thereon in an an
Sixty-two and Ninely-eight hundredths (62.98) feet and on the
SOUTHWEST by Swamp Street ond running thereon Two
hundred and Seventy-five and Ninety-two hundredths (2753.92)
feet and which said parcel of land has such position shape
marks boundaries and dimensions a3 shown on the plan filed
herein and thereon coloured Pink.”

COCONUT FARM LIMITED elains to be the owner in fee
simple im possession of the said land free from encumbrances
and has made Application ta the Suprene Court in the
Commonwealth of The Bahamas under Section 3 of The
Quieting Titles Act, 1959 to have its ttle to the said land
Investigated and the nature and extent thereof determined and
declared in a Centificate of Title to be granted by the Court in
accordance with the provisions of the said Act.

A plan of the said land may be inspected during normal office

hours in the following places:

ja) The Registry of the Supreme Court in the said City of

TSpeesg0u;

(b) The Chambers of McKinney, Bancroft & Hughes, Mareva
House, 4 George Street in the City of Nassau, Attomeys

for the Petitioner; and

ic) The Office of the Adminisirater at Nicholls Town, Andros,

Notice is hereby given thal any persons having dower or a right
of dower or an Adverse Claim or a claim not recognited in the
Petthon shall on or before the eh day oft January, U1) file
in the Supreme Court and serve on the Petitioner or the
undersigned a statement of their claim in the presonibed fon, verified
by an Affidavit to be filed therewith. Pailure of any such person
to file and serve a statement of his claim on or before the said
20th day of January, AD., 2011 will operate as a bar to such

claim.

Dated the 1th day of November, A.D, S000

McKINANEY, BANCROFT & HUGHES
Mareva Howse
George Street
Nassau, The Bahamas.
Attormeys for the Petitioner





PAGE 8B, TUESDAY, DECEMBER 7, 2010

THE TRIBUNE





European debt crisis
weighs on the euro

NEW YORK

A dispute between European
leaders on whether to expand
emergency support measures
weighed on the euro Monday,
according to Associated Press.

In late trading in New York,
the euro fell to $1.3322 from
$1.3375 late Friday. After sink-
ing about 10 percent through
most of November, the euro
got a small bounce late last
week because traders suspected
that the European Central
Bank increased the rate of its
bond purchases to help calm
debt markets.

The U.S. government also
released a disappointing jobs
report on Friday that hurt the
dollar.

Europe's woes offset con-
cerns about U.S. growth on
Monday. Federal Reserve







INTERNATIONAL
BUSINESS

Chairman Ben Bernanke had
said Sunday that the economy
is still struggling to become
"self-sustaining" without the
government's help. He added

that the Fed was willing to buy
even more than the planned
$600 billion in Treasury bonds
over the next eight months if
necessary.

The Fed is buying bonds in
an effort to drive U.S. rates
lower to get consumers bor-
rowing and spending more.
Lower rates tend to weigh ona
currency, and the dollar
declined steeply from late sum-
mer until a deepening debt cri-
sis in Ireland focused investors’
attention back on Europe.

In November, the European
Union created a bailout pack-
age for Ireland, the second
European country to receive
emergency financing aid this
year. Greece was bailed out in
May. Investors are now wor-
ried that Portugal or even Spain
may be next, and that the funds
allotted for emergency aid may

not be enough to help Spain if it
should require aid.

European officials argued
Monday over whether to com-
mit more money to help stabi-
lize the euro. The euro bloc's
president, Jean-Claude Junck-
er, argued that a pan-European
bond would boost confidence
in the region and its shared cur-
rency.

Germany, Europe's largest
economy, weighed in against
the bond and said the current
bailout fund was big enough.

In other trading Monday, the
British pound fell to $1.5721
from $1.5741, while the dollar
dropped to 82.60 Japanese yen
from 82.90 yen.

The U.S. currency dipped to
1.0041 Canadian dollars from
1.0045 Canadian dollars, but
gained to 0.9815 Swiss francs
from 0.9777 Swiss francs.

TREASURYS CHARGE HIGHER AFTER BERNANKE INTERVIEW

MATTHEW CRAFT,
AP Business Writer
NEW YORK

The prospect of the Federal Reserve
expanding its bond-buying program gave
Treasurys a lift Monday. Fed Chairman
Ben Bernanke said the bank could boost
the $600 billion effort if the economy needs
it.

In a taped interview with CBS’ "60 Min-
utes" that aired Sunday night, Bernanke
said the economic recovery is barely "self-
sustaining.” He defended the Fed's $600
billion plan, which was launched last month
and aimed at lowering long-term interest
rates. The 10-year note rose 46.8 cents in
Monday afternoon trading. That pushed

NOTICE

the yield down to 2.95 percent from 3.00
percent late Friday.

Bernanke said another recession was
unlikely but he also warned that persis-
tently high unemployment remains a threat.
The government reported Friday that the
unemployment rate rose to 9.8 percent in
November, a seven-month high. Bernanke
said it could take four or five more years to
cut that rate in half.

A common criticism of the Fed's pro-
gram, voiced by Republicans in Congress
and many investors, is that it risks creating
out-of-control inflation. Bernanke respond-
ed to the charge, saying he had "100 per-
cent confidence" the Fed could move
quickly enough to prevent that from hap-
pening.

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
for Nationality and Citizenship, P-O.Box N-7147

NOTICE

MARONE HOLDINGS, LTD.

Pursuant to the Provisions of Section 138 (8) of the

Minister responsible
, Freeport, Bahamas.

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

General on the 24" day of November, 2010.

DELANO ARANHA
Liquidator
of

by the Registrar

"We could raise interest rates in 15 min-
utes if we have to," Bernanke said. "So,
there really is no problem with raising rates,
tightening monetary policy, slowing the
economy, reducing inflation, at the appro-
priate time. That time is not now."

In other trading Monday, the 30-year
bond rose 71.8 cents. The higher price
nudged the 30-year yield to 4.27 percent
from 4.31 percent late Friday. The two-
year yield also inched lower, to 0.43 percent
from 0.47 percent.

Treasurys may lose ground in the coming
days as the government adds more supply
to the market. The Treasury will auction
$66 billion in new bonds this week, starting
Tuesday with the sale of $32 billion in
three-year notes.

NOTICE

NOTICE is hereby given that AVON R. LEE OF FAITH AVENUE
NORTH, P.O. BOX CR-54774, NASSAU, BAHAMAS, is
applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen of The
Bahamas, and that any person who knows any reason why
registration/ naturalization should not be granted, should send
a written and signed statement of the facts within twenty-eight
days from the 7TH day of DECEMBER, 2010 to the Minister
responsible for Nationality and Citizenship, P.O.Box N-7147,
Nassau, The Bahamas.

LEGAL NOTICE

NOTICE

MRL International Resources Limited

INTERNATIONAL BUSINESS COMPANIES ACT

(No.45 of 2000)

In Voluntary Liquidation

Notice is hereby given in accordance with Section 138 (4) of
the International Business Companies Act, (No.45 of 2000),
MRL International Resources Limited is in dissolution.
Ms. Alrena Moxey is the Liquidator and can be contacted at
Winterbotham Place, Marlborough and Queen Street, Nassau,
The Bahamas. All persons having claims against the above-
named company are required to send their names addresses
and particulars of their debts or claims to the Liquidator before

the 17th December, 2010.

MARONE HOLDINGS, LTD.

ROYAL S FIDELITY

S2wk-Low
1.00,
S.6F
4.50
0.18
2.70
2.14
9.62
2.36
5.40
1.63
1.60
5.94
7.23:
8.77
3.75
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

€

Cr AL

BISX LISTED & TRADED SECURITIES AS OF:
MONDAY, 6 DECEMBER 2010
BISX ALL SHARE INDEX: CLOSE 1,482.75 | CHG 0.01 | %CHG 0.00 | YTD -82.63 | YTD % -5.28
FINDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%
WWW.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-2320

Morey al Work

Previous Close Today's Close
1.01 1.01
10.63 10.63
4.90. 4.90
0.18 0.18
2.70 2.70
Z2A1F 2.17
10.46 10.46
2.40
6.85
1.81
1.60
6.07
7.23
9,39
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
0.00
0.01
0.00
0.00
0.00
0.00
0.00
0.00
0.00

2.40
6.85
1.82
1.60
6.07
7.23
9,39
5.46
1.00
5.59.
9.82
10.00

0.00
0.00.

Daily Vol.

EJ FG CAPITAL MARKETS
S BROKERAGE & ADVISORY SERVICES

Lee

fev Fc WT AT.

EPSS
0.150
0.013
0.598

-O.877
0.168
0.016
1.050
0.781
0.422
oO.114
0.199

-0,003
0.287
0.645
0.366
0,000
0.012

Div $

0.971
O.991

BISX LISTED DEBT SECURITIES - (Bonds trade on a Percentage Pricing basis)

52wk-Hi__S2wk-Low, Security
Bahamas Note 6.95 (2029)

Fidelity Bank Note 17 (Series A) +
Fidelity Bank Note 22 (Series B) +
Fidelity Bank Note 13 (Series C) +

Fidelity Bank Note 15 (Series D) +

Symbol Last Sale
BAH29.
PREF?
FBB22
FBB13

Change

99.46
100.00
100.00
100.00
100.00

0,00.
0,00.
0.00.
0.00.

FBB15 0.00.

Daily Vol.

Interest
6.95% 20 November 2029
7% 19 October 2017
Prime + 1.75% 19 October 2022
7% 30 May 2013
Prime + 1.75% 29 May 2015

RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)

Symbol
Bahamas Supermarkets
RND Holdings

ABDAB
RND Holdings

Fund Name
CFAL Bond Fund
CFAL MSI Preferred Fund
CFAL Money Market Fund

1.4076
2.8300
1.4954
2.8522
13.0484
101.6693
99.4177
1.0000,

Royal Fidelity Prime Income Fund
CFAL Global Bond Fund

CFAL Global Equity Fund

FSG Financial Preferred Income Fund
FG Financial Growth Fund

FG Financial Diversified Fund

1.0000
1.0000
99,1005
Protected TIGRS, Series 1
10.0000
Protected TIGRS, Series 2
9.1708
Protected TIGRS, Series 3
4.8105

BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00
52wicHi - 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

Royal Fidelity Bahamas G & | Fund

Royal Fidelity Intl Fund - Equities Sub Fund

Last Prime
14.00

Bid &
5.01

Ask
6.01
0.35 0.40 0.55
CFAL Securities Ltd. (Over-The-Counter Securities)
30.13 31.59 29.00
0.45 0.55 0.55
BISX Listed Mutual Funds
NAV YTD% Last 12 Months %
1.5122 5.11% 6.79%
2.9187
1.5683
2.8624
13.5642
114.3684
106.5528
1.1367

1.10%
4.06%
8.16%
1.47%
9.98%
4.75%
4.30%

3.13%
4.67%
-7.49%
2.95%
12.49%
7.18%
5.21%
1.0974
1.1363

2, FB
4.18%

6.87%
5.78%

Royal Fidelity Bah Int'l Investment Fund Principal

9.7458 4.35% 5.22%

Royal Fidelity Bah Int'l Investment Fund Principal

10.6000 -1.59% 4.26%

Royal Fidelity Bah Int'l Investment Fund Principal

9.5037 -4.96%
8.1643 5.79%
MARKET TERMS

-4.96%
9.42%

Daily al. EPS $
-2.945

0.001

Div
0.000
0.000

4.540
0,002

0,000
0.000

NAV 3MTH
1.490421
2.919946
1.548897

NAV GMTH
1.467397
2.911577
1.532712

31-Oct-10
30-Sep-10
26-Nov-10
31-Aug-10
30-Sep-10
30-Jun-10
30-Sep-10
31-Oct-10

109.392860
100.779540

107.570619
105.776543

31-Oct-10
31-Oct-10

31-Oct-10

31-Oct-10

31-Oct-10
31-Oct-10

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



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



Na aU aa das
Ue

(AP Photo/Paul Sakuma)
HOLIDAY HIGH: High gas prices on display at a Shell gas station
in San Francisco, Monday, Dec. 6, 2010. Americans are getting
a sour holiday surprise at the gas pump, where prices are at the
highest they’ve been in over two years. Although supplies remain
plentiful and gasoline demand has diminished since September,
retail gas prices are rising because oil prices are at the highest lev-
els since October 2008.

SANDY SHORE,
AP Business Writer

Americans are getting a sour holiday surprise at the gas pump,
where prices are at the highest they've been in over two years.
They may even hit a national average of $3 a gallon by January.

Although supplies remain plentiful and gasoline demand has
diminished since September, retail gas prices are rising because
oil prices are at the highest levels since October 2008. The two-
week advance paused on Monday as benchmark oil for January
delivery rose 19 cents to settle at $88.96 a barrel on the New York
Mercantile Exchange. A stronger dollar kept prices in check for
most of the session. Since oil and other commodities are priced
in dollars, a stronger dollar makes them more expensive for
buyers who use other currencies.

The national average for a gallon of regular gasoline hit $2.951
on Monday, according to AAA, Wright Express and the Oil
Price Information Service. That's nearly 10 cents higher than a
week ago and 32 cents more than a year ago.

"The U.S. has never spent Christmas with a $3-a-gallon aver-
age price for fuel," OPIS said. It's the highest national average
since Oct. 19, 2008, according to OPIS. Prices have risen 30 to 40
cents from year-ago levels in nearly half the states, and many
motorists already pay $3 a gallon or more.

For example, prices range between $3.055 a gallon to $3.519 a
gallon in Washington, California, Delaware and Maine. Drivers
in Nevada, Oregon, North Dakota, Illinois and Wisconsin, among
others, pay between $2.96 a gallon and $3.027.

Colorado, Wyoming, New Mexico and Texas have some of the
cheapest pump prices, from $2.682 a gallon and $2.812 a gallon.

If oil prices linger in the current range near $90 a barrel, the
national average could reach $3 before the end of the year, sev-
eral analysts say. "We're within spitting distance right now,”
said Stephen Schork, an energy analyst and publisher of The
Schork Report. "Whether we get there by the end of the year or
by the end of January, as far as consumer's concerned, we're there
already by a psychological standpoint.”

For every penny the price at the pump increases, U.S. con-
sumers pay an additional $4 million, according to Cameron
Hanover energy analysis agency. On an individual basis, a
motorist who bought 10 gallons of gas Monday, on average, paid
about $3.20 more than a year ago.

Schork expects energy demand to waver with prices between
$2.90 a gallon and $3 a gallon. If oil reaches $100 a barrel, retail
gas prices will be around $3.30 a gallon or higher, which would be
a "significant obstacle" for motorists, he said.

In other Nymex trading in January contracts, heating oil lost
1.17 cents to settle at $2.4757 a gallon, gasoline fell 1.04 cents to
settle at $2.3417 a gallon and natural gas rose 13.9 cents to settle
at $4.488 per 1,000 cubic feet.

In London, Brent crude added 3 cents to settle at $91.45 a bar-
rel on the ICE futures exchange.

Forecasters see continued recovery in ad spending

ANDREW VANACORE,
AP Business Writer
NEW YORK

The amount of money spent on advertising will continue to
rebound over the next few years after a sharp drop during the
recession, according to several new forecasts.

The continued growth is a positive sign for the economy as a
whole, suggesting businesses are feeling more confident that
they can lure new customers.

But the recovery in ad spending is not showing up across the
board. Instead, forecasters expect advertisers will continue to
shift dollars to the Web and away from traditional media such
as newspapers. And, reflecting broader economic trends, they
expect emerging economies to grow much faster than their
developed counterparts.

The key takeaway from the latest figures is the "continued
rise of developing markets and digital media, and their central
role in driving global growth," said Steve King, the head of
ZenithOptimedia.

Zenith, a forecaster owned by the ad agency Publicis Groupe
SA, said Monday that global ad spending will end the year up
4.9 percent over 2009 at $449.7 billion. That's slightly better than
the company's previous forecast of 4.8 percent.

Zenith expects 4.6 percent growth in 2011 and 5.2 percent
growth in 2012 and 2013.

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, PERQUELL PATRICE
COOPER of #10 Beach Way Drive, Freeport, RO.Box

F-41508 intend to change my child’s name from
STEVONNIA ANTHONICA SALESMAN to STEVONNIA
ANTHONICA COOPER If there are any objections to
this change of name by Deed Poll, you may write
such objections to the Chief Passport Officer, RO.Box
N-742, Nassau, Bahamas no later than thirty (80) days
after the date of publication of this notice.





THE TRIBUNE

TUESDAY, DECEMBER 7, 2010, PAGE 9B





The Tribune





Territorial
hehtaviour
in dogs

TERRITORIAL behaviour
in dogs reminds us of their
wolflike ancestors. This behav-
iour includes defensive and
offensive territorial aggression
territorial marking (urine,
stool, scratch marks etc) or ter-
ritorial investigation.

Territorial investigation

When a dog investigates his
territory itis crucial for their
survival. By investigating its
suroundings it provides infor-
mation regarding natural
resources, detection of intrud-
ers that would compete for
food and water or threaten
the safety of young. Males
tend to explore larger areas
than do females.

Territorial marking

Dogs claim their territory
by leaving deposits of urine
or stool. Urine may be voided
in a crouching position or a
standing position with a lifted
leg. Both males and females
urinate in either position,
though vertical surfaces
(trees, lamp poles) are more
often targeted by mature
males. A dog's wall around
the neighbour is equivalent
to the territorial patrol of its
wild relatives (wolves etc).
Unmarked areas as well as
previous traces of other dogs
are marked by fresh deposits
of urine or stool.

A dog's territory includes
the area surrounding its home
and eventually anywhere your
dog has explored.

Territorial Aggressiveness

This may begin as a dog
approaches sexual maturity at
6 months of age, but may not
develop fully until 3 years of
age. Not all dogs are born
with equal territorial instincts.
Many pet owners view terri-
torial aggressiveness as desir-
able. A dog that is praised for
barking when it is startled by
noise outside may eventually
become a good watchdog. For
the most part, however, unless
the dog has some inborn pre-
disposition, it may be difficult
for the average pet owner to
train a reliable watchdog. Still
the intimidating effect of a
large dog's size may compen-
sate for it sociable nature.

Dog owners can uninten-
tionally encourage undesir-
able territorial behaviour.
Barking and other forms of
aggressiveness can be rein-
forced by attention, even if
the attention is negative, such
as scolding. Tolerating objec-
tionable behaviour is the
same as encouraging it.

Solutions

If your pet has become a
problem, teach it the limits of
acceptable behaviour. Train
your dog to sit and stay when
anyone, including you, enters
or leaves the home. If neces-
sary use a leash during train-
ing. Teaching your dog to
assume a calm and controlled
attitude reinforces its submis-
sive rank. The dog will grad-
ually understand that it need
not defend against or fear vis-
itors. Territorial defense in
males is not affected by cas-
tration though this may
reduce the size of their terri-
tory and the frequency of ter-
ritorial marking. Other types
of aggression influenced by
sexual hormones, however,
may contribute to the intensi-
ty of territorial aggression by
adding to the dog's motiva-
tion or to its general state of
arousal. Look for signs of
infection. With surgical
patients you should always
follow closely any post-oper-
ation instructions given to you
by your veterinarian.







AGE: 3 - ADULT

1: 394-6709



partner, Yodephy and Strut co-organiser, Debbie Geear-Bethell, partner Yodephy Strut co-founder, and DeGosta Bethel, past president, Reach.

Strut for Life donates over $10,000
each to Sister Sister and Reach

By ALESHA CADET
Tribune Features Reporter

HRISTMAS comes early
( this year for Sister Sister

and Reach as the organ-
isers of Strut for Life recently
donated ten thousand dollars
to the Breast Cancer Support
Group and an additional ten
thousand dollars to Reach, the
Autism support Group.

The Strut for Life organisers also
presented a cheque for ten thousand
dollars to DeCosta Bethel, the past
president of Reach, who has an autis-
tic son and a daughter who attends
‘Yodephy,

The organisers of Strut for Life and
‘Yodephy partners Phyllis Garraway
and Debbie Geear Bethell raised the
twenty thousand dollars by walking
60 miles in Long Island over a three
day period in the much publicised
Strut for Life fundraiser.

The walk was one of several activ-
ities organised by Yodephy in its cel-
ebration of Yodephy’s 20th anniver-
sary. The dance and modeling agency
with an enrollment of over four hun-
dred children is located on Top of

the Hill, Mackey Street, next door to
Satellite Bahamas is over twenty
years old.

“The inspiration for Strut for Life
came because Yodephy has mothers
and has had many mothers who have
had or have breast cancer over the
past twenty years, and similarly some
of those mothers also have children
who have autism,” Mrs Garraway
said.

Helen Rolle, Sister Sister secretary
said the cheque “really meant a lot”
to her, as she received the donation
on behalf of the Sister Sister Breast
Cancer Support Group. “It says to
me that we are able to help those
unfortunate women out there who
camnot afford a port(a device placed
inside a cancer victim to dispense
medication regularly). Those who
camnot afford the first step of treat-
ment on their road to recovery,” Mrs
Rolle said.

Mrs Greer- Bethell added: “We
have a mother who is a recovered
breast cancer patient who was plan-
ning to participate in the Susan
Komen “Race for the Cure” walk in
the States, so we asked, why go to
the States? Why not do it here? How-
ever, when we started walking and

training, there were so many close
calls with cars and jitneys, that we
decided it would be better to do itin
Long Island with one straight road,”
she explained.

The group had lots of assistance
from Long Islanders. Over twenty
one people walked and assisted with
the driving of the cars. The students
from Mangrove Bush Primary also
participated by walking a mile.

“A lot of persons in Long Island
have got breast cancer too,” Mrs
Greer -Bethell said. “One of the per-
sons of the support vehicles had lost
her mother to breast cancer too, so
she was happy to provide us with any-
thing we needed. She rallied up oth-
ers to help us and it was really won-
derful,” she said.

Support

Corporate Bahamas also stepped
in to lend their support. Mrs Gar-
raway said “Donations are still com-
ing in and are still welcome. We are
still selling pins, autism bracelets and
T-shirts.”

“It’s a joy today to receive this
cheque when today we had two
young females, both thirty six years

old needing surgery and needing
ports,” said Nurse Charlene McPhee,
co founder of the Sister Sister Breast
Cancer Support Group.

“Both women are young mothers
with children who were not able to
afford the ports because they are not
working. So, it’s marvelous to know
that there are corporate companies,
like Yodephy and those who sup-
ported Strut for Life, donating to Sis-
ter Sister so we can give them new
ports, so that these women don’t have
to have two surgeries,” she said.

The Sister Sister Breast Cancer
support group, arose out of the mul-
ti-practice offices of The Surgical
Suite at Centerville Medical Centre,
Collins Avenue. It was co-founded
by certified lap band doctor Charles
Diggiss, CMO of Doctors Hospital
and President of the MedNet Group
of Companies, Dr Locksley Munroe,
Southern Community General Clin-
ic and Nurse Charlene McPhee, Man-
ager of the Surgical Suite. The Sur-
gical Suite is a member of the Med-
Net Group of Companies.

Reach is located in Palmdale off
Madeira, next door to McDonald’s.
The president of Reach is Mario
Carey of Mario Carey Real Estate.



Foot health tips for the holidays

DURING this festive season, many
persons will be on their feet for extend-
ed periods. In preparation for the sea-
son's celebrations, many are cooking,
baking and decorating. Then there are
the shop-a-holics who don't realise that
they are in for quite a workout, the
constant moving from store to store
and standing in cashier lines for extend-
ed periods. Finally, there are the party
goers who are more concerned about
mixing and mingling, than their feet.

Most people, and more so women,
don't wear the proper walking or stand-
ing gear for these activities. Instead of
wearing a supportive sandal while
cooking, baking or decorating, they opt
to go bare feet or wear flat flip flops
while standing for hours on tiled or
hard floors. On the other hand, we
have the shop-a-holics who want to
sport the season's latest heels - which
are obviously inappropriate for this
exercise.

Wearing improper footwear during
the holiday season will only result in
blisters, corns, calluses or worse....heel
pain. Heel spurs has been recognised as
one of the most common causes of heel
pain. Heel spurs occur when the long,
flat ligament on the bottom of the foot

TO DISCUSS STORIES O

develops tears that cause inflamma-
tion. Injury, hard surfaces and poorly
constructed footwear can account for
this condition.

Calluses are often found on pres-
sure-sensitive parts of the foot, such as
under the ball of the foot or under the
big toe joint. They can be sore and
even painful, much like having a pebble
under your foot. Calluses are some-
times sign of foot imbalance or of a
more serious problem concealed inside
the foot.

Corns on the other hand come in
two forms, hard corns and soft corns.
Hard corns usually start as red skin,
followed by a coating of callus, which
develops into a hard corn. Most hard
corns develop on the side of the little
toe, but are also found in other places
where there is steady pressure and

abrasion. Hard corns are almost always
caused by shoes of the wrong size or
shape or fit. On the other hand, the
soft corn is always found between the
web of the toes, usually between the
fourth and fifth toes. A soft corn is
white and damp. It can also be very
painful. It is caused by a constant
squeezing together of the toes as a
result of shoes too short or narrow at
the toes.

I wish to give the following advice to
readers this holiday season:

1. A supportive flip flop, loafer or even
running gear combined with a proper-
ly designed ‘foot bed' will put your foot
in its natural position for walking and
standing this holiday season.

2. Party goers should choose shoes with
a reasonable heel height of 1.5 to 2
inches. Look for shoes that provide
ample toe room (beware of pointed
toe styles) having a back strap or
enclosed back. The same holds true for
men with the exception of heel height.

3. If you are having trouble achieving
the appropriate fit with shoes you

already own, take them to a local spe-
cialty footwear store or Pedorthic facil-
ity and they can modify your shoes to
fit your feet.

4. Purchase a slim arch support that
your shoe can accommodate. Specialty
footwear stores and Pedorthic facili-
ties have options that will fit almost
any shoe.

As this is my final article to end 2010, 1
want to wish you comfort and joy this
holiday season! Remember when your
feet feel good so will the rest of your
body! Until next year - Happy Feet!



« Bernadetie D. Gibson, a Board Certified &

licensed Pedorthist, is the proprietor of
Foot Solutions, a health and wellness fran -
chise that focuses on foot care and prop -
er shoe fit, located in the Sandyport Plaza,

Nassau.

"The views expressed are those of the

author and does not necessarily represent
those of Foot Solutions Incorporated or
any of its subsidiary and/or affiliated com -
panies. Please direct any questions or com -
ments io nassau@footsolutions.com or
327-FEET (3338).





PAGE 10B, TUESDAY, DECEMBER 7, 2010



PRETTY IN PINK: New Guinea impatiens have lovely flowers and interesting leaves.

December

ardeners love Decem-
Gr Grass is growing

very slowly and needs
little attention, the weather is
cool for working and weed-
ing, and the vegetable plots
are producing.

Early bearing crops such as snap
beans, chard, lettuce, spmach, Chi-
nese cabbage, cucumber and squash
should already have given a harvest
or two while beets and carrots
approach the harvesting stage.
Tomatoes that were mature enough
to have flowers at the end of Octo-
ber have now set fruit and will bear
in mid-December, in time for Christ-
mas. A wonderful time of year
indeed.

We must remember that our gar-
den production will be ephemeral
unless we take measures to keep the
crops coming. Most vegetables can
be re-sown every month or so. Sweet
peppers should last throughout the
year and eggplants may need only
one more planting.

I would recommend at least three
sowings of carrots. They are true
120-day crops and it is satisfying to
have young plants on the way while
we enjoy the first fruits.

Now that the weather is cooler we
can start Irish potatoes. It is diffi-
cult to obtain true seed potatoes but
healthy specimens with eyes from
the food store do well enough. Cut a
potato into wedges, each wedge with
a prominent eye. Dip each into a
weak solution of bleach (10-1 water/
bleach) and allow to dry.

The potato pieces produce roots
from the cut area and new potatoes
are formed above. This means we
must bury the seed potato quite
deeply, five or six inches below
ground level. The soil beneath the
cutting should be lightly fertilised.
The hole can be left open and as the
stalks grow, they can be lightly cov-
ered until the greenery 1s above
ground level. The soil can then be
mounded around the base of the
plant.

Potatoes are ready for digging
when the plant flowers and then dies
back. Your potatoes may be smaller
than you are normally used to buy-



The truth about the flu: It’s
more serious than you think

(ARA) - Martin McGowan was a
healthy, athletic 15-year-old with a
passion for baseball. After his high
school baseball tryouts in early Feb-
ruary 2005, Martin was exhausted
and said his legs hurt from running.
He went to bed, and at 2.30 am that
morning, Martin's mother awoke to
hear her son vomiting in the bath-
room. He had a fever of 102 degrees.

Martin's symptoms progressed
throughout the morning, with the
pain in his legs worsening. His moth-
er called the doctor who recom-
mended either an appointment for
later that afternoon or to take Mar-
tin to the emergency room. Martin
said he needed to go to the emer-
gency room.

Once at the hospital, Martin's lips
were so white the ER doctor admin-
istered intravenous fluids. Martin
tested positive for influenza. As a
result of the influenza disease attack-
ing his muscles, he developed com-
partment syndrome, which limited

TO DISCUSS STORIES ON THIS PAGE LOG



ing but will have exquisite flavour.
Many people value small potatoes
more than large ones.

Cabbages and their kin - cauli-
flower, broccoli, Brussels sprouts,
etc. — are gross feeders and should
have small side dressings of fertiliser
applied while they grow. There is a
limit to this, however. A gardening
friend from Cherokee Sound, Aba-
co, told me that last year he grew
cauliflower that bore four-foot leaves
and broccoli that grew to six feet,
but neither crop produced any flow-
ering heads. This failure was no
doubt caused by over-fertilising.

Right about now you should have
a good idea of how your flowering
gardens will look for Christmas. If
you are not happy you can go to
your favourite nursery and buy
seedlings or adult plants to fill in
any gaps. It is usually in December
that nurseries receive shipments of
New Guinea impatiens. These often
have variegated leaves and are
attractive even when they are not
flowering. They like shade but can
take more sun than regular impa-
tiens.

If you have planted Christmas
poinsettias in your garden in the past
they should be ready to flower and
give a festive display. Sometimes,
home poinsettias bloom after Christ-
mas but will continue doing so until
after Easter.

Although grass may not be grow-
ing fast, itis still growing and needs
to be fertilised with high nitrogen in
order to keep the colour rich and
deep. Water the lawn well before
applying the fertiliser and then water
lightly again. St Augustine grass can
take a great deal of neglect but also
rewards good treatment.



* gardenerjack@coralwave.com

his blood circulation in his legs and
caused severe pain.

The doctors explained to Martin's
mother that he would need an oper-
ation as soon as possible. If the blood
flowing to Martin's legs ceased for an
extended period of time, they might
have to amputate his legs.

During the surgery, Martin's heart
stopped beating. Shortly after, Mar-
tin died of complications from
influenza, merely 24 hours after his
first symptoms appeared. Martin had
not been vaccinated against the flu.

After Martin's death, his mother,
Diane McGowan, joined Families
Fighting Flu, the only non-profit
organisation made up of families
who have experienced first-hand the
death of a child due to the flu or
have had a child experience severe
medical complications from the flu.

The flu is a serious disease that
spreads very easily. It can cause mild
to severe illness, and can lead to
death - even among healthy, older

REWARDERS: If you planted poinsettias into your garden last year or the year before they will be giving their own special

bonus for years to come.

children. According to the Centers
for Disease Control and Prevention
(CDC), annual vaccination is the
single best way to prevent influenza
in people of all ages.

“We should have gotten Martin
vaccinated," said McGowan. “Now,
I can only hope that his story will
be an encouragement for other fam-
ilies to get their children vaccinat-
ed every year."

During the 2009-2010 flu season,
the CDC estimated that 274,000 peo-
ple were hospitalised in the U.S.
from influenza - more than 85,000
of them were children. Tragically,
an estimated 1,200 children under
age 17 died from the flu last season.

“In developed countries, influen-
za kills more people than any other
vaccine-preventable disease," said
Jon Abrahamson, MD, chair of the
Department of Pediatrics at Wake
Forest University Medical School in
Winston-Salem, N.C., and a medical
advisor for Families Fighting Flu.



TO







Martin McGowan

RIBUNE242.C

THE TRIBUNE







THE TRIBUNE

TUESDAY, DECEMBER 7, 2010, PAGE 11B





The Little Pink Party welcomes



Vie



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pe
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LITTLE PINK BUSINESS: Guest socialise as they show off the swag bags.

By ALESHA CADET
Tribune Features Reporter

HE Little Pink Party brings

[ to women of all ages, a six

hour field trip into the
world of all things fashionable
this holiday season as they invite
you to The W Wonderland.

This magical event is said to be the
most celebrated shopping event for
Bahamian women this December, it was
designed and conceptualised to be a
weekend for girlfriends.

Hosted by the KhanAali Media
Group, the Little Pink Party (TLPP) "
The W Wonderand" will be a joyous fes-
tival featuring day and night events char-
acterising “Who What When Where
Women Want”.

The event will be held this upcoming
Saturday, December 11 at The Wynd-
ham Nassau Resort and Crystal Palace
Casino, starting at 11 am to 5 pm.

Going further on the TLPP The W
Wonderland, organisers say it is the ulti-
mate lady’s day out featuring boutiques
that offer gift items on everyone’s wish
list with live demonstrations of the latest
trends in fashion and holiday entertain-
ing.
Kandice Hanna, principle creative of
the The Little Pink Party told Tribune
Woman that the party happens twice a
year, a Spring Summer event and a Fall
Winter Event.

She continued: “It all began in May
of 2008, the theme around that event
was centered around the Sex and the
City movie and it grew into a bigger
event, We contacted the Cancer Society
to be apart of it.

“ The W Wonderland theme is apart of
a weekend celebration of womanhood
and although it is welcomed to every-
one, it is a celebration of all woman."

Ms Hanna explained that the Little
Pink Party is in aid of the Cancer Society
with special attention to Breast Cancer.

you to “The W Wonderland’







ALL SMILES: Kandice Hanna and members of TLPP.

“There are also woman groups that
will be attending the party. Support of
this noble, pro-social charitable cause
benefits the Cancer Society of The
Bahamas," she said.

“The little pink party is a fashion-
able opportunity to support the fight
against breast cancer."

This event is a cost effective oppor-
tunity for vendors and sponsors to get
up close and personal with over 1,500
highly targeted 21-45 year old females
across all key markets. It’s these “live
social networks” of girlfriends where
buzz and viral marketing starts.

Guests will enjoy delicious cocktails
and refreshments while sampling fab-
ulous products, services and holiday
inspired cuisines. There will also be
ready to wear fashions and special per-
formances on main stage. Loads of
giveaways and beauty items will also
be available in the little pink Swag
Bag.

The KhanAali Media Group is
brought to you in part by X-Press It
Inc., Nautilus, Bahamas Surgical First
Assistant Ltd., Lowe’s Wholesale, and
I Am Influence.

There is an entrance fee of $5.



Get caught looking glamorous this holiday season

(ARA) - While the holiday season is
one of the most joyous times of the year,
it can also be one of the busiest. Days
(and nights) are filled with shopping,
cooking, gift wrapping and of course cel-
ebrating at holiday parties with family
and friends.

So wherever the holiday season may
take you, it is always important to get
caught looking your absolute best.

“You don't want to be caught off guard
when you bump into someone while
you're doing last-minute holiday shop-
ping," says beauty expert Polly Blitzer. “If
you make a habit of using the right beau-
ty products from brands women trust - I
love COVERGIRL, Pantene, Olay and
Clairol - you'll look good day or night, no
matter where you're going, and no matter
what you're doing.

Now here are some more tips from
Polly to help you get caught looking glam-
orous:
© Update your wardrobe with a few sim-
ple items for a new glam look at each
gathering. Start with a simple dress (a
new little black dress is usually the most
versatile) and then accessorise with
scarves, jewelry, shoes and handbags.
One dress can be worn to many soirees
just by switching up the accents; this way,
you won't have to spend a lot of money
on several outfits.
¢ Puffiness and dark circles under your
eyes don't mix well with the stilettos and

TO DISCUSS STORIES ON THIS PAGE LOG

sequins you plan to wear to the season's
hottest party. So try Olay Regenerist
Anti-Aging Eye Roller to reduce under
eye puffiness in 30 seconds and look fresh
and radiant all season long.

* Foundation is the first step in creating a
flawless look, so make sure to pick a
product that provides adequate cover-
age, but also goes on sheer. COVER-
GIRL's Simply Ageless Foundation pro-
vides a flawless finish without settling
into fine lines and wrinkles throughout
the day. It also goes on sheer, making
imperfections seem to disappear while
improving skin condition over time.

¢ Don't show up at the party with naked
nails - head out to a salon or invite a
friend over for a manicure. Smooth cuti-
cles, buff rough nail edges, moisturise
frequently and paint them with a neutral
color that will work with many of your
holiday styles.

¢ To ensure you're not looking dreary
like the winter weather, dial up your
hair's colour and shine with Clairol Per-
fect 10 by Nice '‘n Easy. It gives hair high
gloss, high shine and gorgeous colour in
just 10 minutes.

¢ And finally, don't hide behind your dry,
frizzy locks when the cameras start flash-
ing. Pantene Pro-V Restore Beautiful
Lengths Shine Enhance Replenishing
Mask has an advanced formula to treat
rough, dull hair and will leave your tress-
es looking and feeling smooth and silky.

BEST DRESSED: Wherever the holiday sea-
son may take you, it is always important to
get caught looking your absolute best.

“Most importantly, don't forget to turn
on your brilliant smile and rock your look
with confidence every time you walk out
the door," says Blitzer.

¢ For more tips on how to get caught
looking glamorous this holiday season,
go to www.musthaveits.com.



TO







a



SIELT





























@ Thr Alves Ape hat








By JEFFARAH GIBSON
Tribune Features Writer

Pageant are on a continued
mission to empower volup-
tuous women.

Since their inception five years ago,
the beauty organisation has been faced
with the challenge of suppressing the
idea that the only definition of beauty is
slim. They have been successful thus far.

Many ladies who were previous com-
petitors said that the organisation is grad-
ually dispelling the stigmas associated
with weight that exist in the Bahamas.

Current Ms Teen Plus Bahamas beau-
ty queen (a pageant also under the
umbrella of Esteem Productions) Jack-
lyn Frazer said that her reign so far has
been life changing. “I feel that the role
Esteem Production plays is one of
extreme importance because this
pageant within itself proves that dis-
crimination is not a barrier that should
exist and I also feel that this organisation
would prove to be an example and
dreams come true.”

Under the theme Metamorphosis:
“The Evolution of Beauty” the Ms Full
Figured Bahamas Beauty pageant will
give truth to dreams and light to imagi-
nation affording one lady, the chance to
become Miss Full Figured Bahamas
2011.

Currently the pageant is in the recruit-
ment stages and is seeking to fill spots
left for seven worthy competitors. The
deadline for applications is the end of
December.

As is stands, there are eight women
training for the big show down in next
year February. “The ladies have started
training in model and poise, dance, and
fitness which will go on until they are
officially launched as competitors to the
public. However it is not too late for
any lady that is interested in entering
the pageant,” said Rayette McDonald
founder and chief executive of Esteem

T: Ms Full Figured Beauty

















































Productions.

This year, pageant organisers have
introduced two new segments to the
event. Competitors will strut their curves
in a high fashion segment and show off
their creative genius in the costume seg-
ment.

And the young lady crowned queen
will represent the Bahamas at the inter-
national full figured pageant. She will
also be awarded with $2500 in cash
prizes as well as receive designers gowns.
Additionally the reigning queen will part
take in a photo shoot with international
photographers in Atlanta Georgia.

“On top of the prizes being offered,
women should enter the pageant
because it is for self enhancement. The
organsation puts the voice behind what
those believe about beauty and we want
to let persons know that no matter the
size they too can fulfill whatever dreams
they have,” she said.

Esteem Productions is a Bahamas-
based multimedia production company
founded by Rayette McDonald who also
serves as the company’s president and
chief executive officer established in 2005,
Esteem Production is the Bahamas’ lead-
ing organisation that is focused and com-
mitted solely to the enhancement of full
figured women.

“We seek to promote events and ini-
tiatives that empower and uplift the full
figured woman while expanding, revolu-
tionizing and redefining the current glob-
al standards of beauty,” Ms McDonald
said.

In addition to her extensive work with
Esteem Productions, Ms McDonald cur-
rently serves on the Board of Directors of
Junior Achievement and is an active con-
tributor to the Surrogate Aunt Programs
and the Bahamas Division Girl Guides.
She is a motivational speaker and has
addressed hundreds of students by
spreading her message of encouragement
and the importance of living to one’s
fullest potential.

For more information contact 393-2458
or e-mail esteemprod@gmail.com





THE TRIBUNE

TUESDAY, DECEMBER 7,



Full Text

PAGE 1

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 PLP group wants 4 House seats added C M Y K C M Y K V olume: 107 No.14TUESDAY, DECEMBER 7, 2010 PRICE 75 (Abaco and Grand Bahama $1.25 WEATHER SUNNY AND WINDY HIGH 72F LOW 61F F E A T U R E S SEEWOMANSECTION S P O R T S SEESECTIONE Big and beautiful SAC flies past Aquinas By PAUL G TURNQUEST Tribune Staff Reporter p turnquest@tribunemedia.net A SEGMENT within the Progressive Liberal Party has developed a draft submission calling for the creation of four additional seats t o be added to the current c omplement of the House of Assembly, bringing the total number of seats in the L ower Chamber to 45 b efore the next general election. Submitted as a draft pro posal, the paper outlines that the Constitution of the Bahamas requires that the House of Assembly must be comprised of no less than 38 members, and that the num ber of voters entitled to vote f or the purpose of electing a Member of Parliament shall as far as is reasonably prac ticable be the same. I t is against this backdrop t hat the submission recommends the creation of three seats in Abaco, up from the c urrent two, maintaining six s eats in Grand Bahama, but removing Bimini from West End; creating a new seat for Bimini and the Berry Islands and creating three seats for Eleuthera up from the current two; maintain two seats in Andros (less Bimini ating two seats in Exuma, creating one seat for Ack lins, Crooked Island, and Segment in par ty seeks addition bef or e election 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 BAHAMASBIGGEST CARSFORSALE, HELPWANTED ANDREALESTATE I N S I D E SEE page eight TREELIGHTING: Commissioner of Police Ellison Greenslade (left lights on at the Christmas tree lighting ceremony held yesterday at the police headquarters. The Royal Bahamas Police Force Combined Youth Band (above AMERICAN rapper Young Jeezy was arrested and released by police hours before headlining a highly anticipated concert in west ern New Providence. Police confirmed that the Atanta-based rapper, whose real name is Jay Wayne Jenkins, was arrested after an incident in Fox Hill, then taken to the Wulff Road police station for booking on Saturday. "He was here with us a short while, he passed through the station briefly AMERIC AN RAPPER WAS ARRESTED, RELEASED BEFORE BAHAMAS CONCERT SEE page nine By NOELLE NICOLLS Tribune Staff Reporter nnicolls@tribunemedia.net THERE are several problems with the all-inclu sive model of resort devel opment in the Bahamas, said a local tourism expert, but not all of the criticism is valid. Perry Christie, leader of the opposition, raised the issue last week, in an Exuma radio interview, when he addressed local concerns about Sandals Emerald Bay. Mr Christie said the gov ernment should investigate the concerns of residents about low wages and poor trickle down, and examine ways to make all-inclu sive resorts work more effectively in the Family Islands. He referred to the chal lenges encountered in the past by Club Med in Eleuthera and San Sal vador, and raised questions about the all-inclusive model. Vincent VanderpoolWallace, Minister of Tourism, said there is a pervasive mythology surT OURISM EXPERT RESPONDS TO ALL-INCLUSIVE MODEL CRITICISM By CELESTE NIXON Tribune Staff Reporter cnixon@tribunemedia.net UNITED States Congress representative Fred erica Wilson is making a fashion buzz with what she calls her Bahamian influ enced hat style. Ms Wilson, who is named after her Bahamian grandmother, told the National Journal that her "trademark headgear was inspired by her grandmother, who wore similar hats as part of a cultural tradition in her native Bahamas." In the Miami Herald Wilson is quoted as saying, "It's my heritage." In the Bahamas, ladies always BAHAMIAN CULTURE INSPIRES US CONGRESSWOMANS HAT FASHION SEE page eight SEE page nine FASHIONBUZZ: Frederica Wilson REPORTS reached The Tribune late last night of a triple shooting on Abaco that left a man dead and two women injured. The women were airlifted to a hospital in Nassau following the incident which happened just after 6pm. A team of officers from the Central Detective Unit are on their way from the capital to assist their colleagues. Man killed in tr iple shooting F e l i p M a j o r / T r i b u n e s t a f f POLICE BRAN CH OUT F OR TREE LIGHTING

PAGE 2

C M Y K C M Y K LOCAL NEWS PAGE 2, TUESDAY, DECEMBER 7, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM By MEGAN REYNOLDS Tribune Staff Reporter mreynolds@tribunemedia.net O UTSTANDING filmmakers praised the Bahamas International Film Festival as one of the best in the world as they were honoured at the closing night a wards ceremony in the Atlantis theatre on Sunday. And Bahamian filmmaker Gust avius Smith made the nation p roud as he won the most hotly c ontested prize for Best Short F ilm. T he Spirit of Freedom Narrat ive and Audience Choice Award went to Academy Award nominated movie Atletu (The Ath lete) about legendary Ethiopian runner Abebe Bikila, who became the first black African to win an Olympic gold medal when h e ran the marathon barefoot t hrough the streets of Rome in 1960. F irst-time Ethiopian filmmaker R asselas Lakew who co-wrote, c o-directed, co-produced and starred in the movie, paid tributeto his national hero as he accepte d the awards. It has always been my dream to share a story from my country with the world, Mr Lakew said. Showing it in a small place, that is very warm and soulful, makes my day. I will always remember this f estival as a platform that made a ll the efforts to put all the filmmakers together in the same p lace. This is one place where I saw a lot of films and I will definitely remember it, and I will definitely be coming back here. The Spirit of Freedom Documentary Award went to Budrus, a d ocumentary about how a young man and his daughter founded a g rowing movement to unite Palestinian political factions and Israelis to save their village from destruction by Israels Separation Barrier. J urors also gave special a mention to Bouncing Cats, an inspiri ng documentary of one mans attempt to use the power of hiphop for positive social change inU ganda. Winner of the best short film this year was Contact Zone, a submission by emerging Bahami a n talent and previous winner of BIFFs $10,000 Filmmaker Residency Programme prize Gustavius Smith. The 14 minute movie about the curator of a New York City artg allerys one night stand with a janitor on the opening night ofa n exhibition prevailed over the 3 8 entries including those by award-winning directors. B ahamas Film Commissioner C raig Woods, one of three on the short films jury panel, said Contact Zone: Opened the door to discuss the topic of race in a very human and thoughtful way. Relations The short film jury panel also g ave special mention to the short D iplomacy, a study of relations b etween the United States and Iran, while Mr Woods said hisp ersonal favourite short was Frog I n The Well, by Japanese filmmaker Ken Ochiai. American film Hello Lonesome won BIFFs New Visions Award, and American writer, director and producer of the film Adam Reid praised BIFF as one of the b est festivals in the world when a ccepting the honour from BIFF founder and executive director L eslie Vanderpool. H e told the packed audience of a round 500 film lovers: I have been to a lot of festivals this year and I havent had an experiencel ike this, and I havent left a fest ival feeling so loved and wanting to collaborate and connect withm y peers, and thats something I h avent experienced for a long, long time, so thank you Leslie, this means a lot to me. BIFF also assisted six aspiring screenwriters from all over the world in its Filmmaker Residency Programme this year, with i ndustry professionals including p rolific writer, director and prod ucer Wil Shriner and actor Raym ond Forchion reviewing and i mproving their submissions. A merican writer Mark Cerulli won the top prize for his script, Sunburn. As he thanked BIFF, Mr Cerulli said: It really is better in the Bahamas, Im blown away. The hospitality was amazing, w orking with the mentors and meeting other writers was such a wonderful experience, I t hought that was the prize, but t his is really the icing on the c ake. A group of CR Walker students won the $500 Green Reelp rize awarded by The Nature Conservancy for their short film Breaking News, a spoof newsp rogramme highlighting the important environmental issues of non-native invasive species in the Bahamas; casuarina trees and lionfish, and the problem of stray dogs. Following the awards present ation closing night film, The K ings Speech, was shown. T he movie took the top prize a nd five awards in total at the B ritish Independent Film Awards i n London. Performance C olin Firth won best actor for his moving performance as King George VI, a portrayal that hasp ut him on Oscar tip-lists; Helena Bonham Carter was named b est supporting actress for her role as Elizabeth; while Geoffrey Rush won best supporting actor f or his performance as the eccentric and unusual Lionel Logue, the therapist who helps the king. American screenwriter David S eidler won the best screenwriter p rize, and the film won Best Pic ture at the 13th annual British Independent Film Awards (BIFAs D IRECTOR GENERA L OF TOURISMDavid Johnson touted the Bahamas recent film suc cess, including a recent award for the ministry, as the Seventh Annual Bahamas International Film Festival featured more than five dozen films from December 1 to 5. Mr Johnson pointed out that the festival showed three of the 14 films generated through his ministrys promotional cam paign, the 14 Islands Film Challenge. The Challenge generated much publicity in the United Kingdom, culminating with the Bahamas Tourist Office in London winning a prestigious Travolution Award for Best Use of Social Media in connection with the project. Over these five days, 65 films were showcased, Mr Johnson said. More than a dozen of these are films m ade in the Bahamas, a bout the Bahamas or by Bahamians. Three of the festivals films are shorts made by UK filmmakers who participated in the 14 Islands Film Challenge, a brilliant promotional campaign that has been a triumph in the United Kingdom for the Ministry of Tourism and Aviation. It is certainly good news that more Bahamian audiences will get to see screenings of these films that have been so widely accepted in the UK. Mr Johnson said the Ministry of Tourism and Aviation was pleased to have been a founding sponsor of the festival. Over the years, the Ministry of Tourism and Avia tion has contributed more than $1.5 million to BIFF. It is estimated that the country has received $15.7 million worth of world wide publicity from BIFF. Bahamas International Film Festival one of the best in the world T ourism official touts Bahamas film success TOURISM OFFICIALS LEND THEIR SUPPORT TO BIFF :Pictured (from left Film Commissioner, Craig Woods; BIFF Executive Director Leslie V anderpool and Tourism Director General, David Johnson. D e r e k S m i t h / B I S CLOSINGNIGHTFILM: Colin Firth portrays King George VI, left, and Helena Bonh am Carter portrays the Queen Mother in a scene from The King's Speech. Colin Firth won best actor for his performance and Helena Bonham Carter was named best supporting actress at the British Independent Film Awards in London. The Weinstein Company, Laurie Sparham /AP W INNER o f the best short film this y ear was Contact Zone, a submiss ion by emerging Bahamian talent Gustavius Smith. INDEX MAIN SECTION Local News................P1,2,3,5,6,7,8,9,10,11 Editorial/Letters.........................................P4 Advt........................................................P12 BUSINESS/WOMAN SECTION Business...............................P1,2,3,4,5,6,7,8 W oman.......................................P9,10,11,12 SPORTS SECTION Spor ts.....................................P1,2,3,4,5,7,8 Comics......................................................P6 CLASSIFIED SECTION 32 P AGES

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WITH the aim of creati ng more tourism ambassadors in the country, People to People one of the M inistry of Tourism and A viations most enduring p rogrammes is being updated with new initia-t ives and revamped operat ions. Chief among the new initiatives is a public awareness and recruitment drive, said Bernadette Bastian, People to Peoples new manager. Presently, we have a g ood corps of ambassadors throughout the country. First of all, we want toe nsure that they are all e xcited about the pro gramme and ready to con tinue to share great experiences with our visitors, MsB astian said. Secondly, we want to attract other, personableB ahamian residents to host our guests and introduce them to the intricacies of Bahamian life. I n order to facilitate awareness and to introduce p otential candidates to the role of tourism ambassador, People to People has p lanned a special event for v eteran and potential prog ramme participants. The People to People M ix and Mingle is schedu led for Thursday evening at the National Arts Gallery of the Bahamas. In addition, the awareness campaign will feature newly produced television advertisements. T he advertisements will e xplain the programme and the rewards it extends to ambassadors and guests,M s Bastian said. We think it is truly inspirational, and it will give some helpful information to those who want tod o something tangible to advance this country while enjoying the company ofo ur visitors, she said. Ms Bastian said there also will be enhancements to the monthly People toP eople tea parties at Gov ernment House. She said various tea parties will take on themesf rom specific islands to emphasise that the Bahamas is much more than Nassau and ParadiseI sland. C M Y K C M Y K LOCAL NEWS T HE TRIBUNE TUESDAY, DECEMBER 7, 2010, PAGE 5 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM AN INFORMALsurvey on violent crime revealed that young Bahamians fear being shot above all other forms of crime, followed by their fear of being stabbed or being raped. Perhaps surprisingly, the survey revealed that a relatively large number of the male participants listed rape as one of their foremost fears. S elf-defence expert D'Arcy Rahming, c hief instructor at the All Star Family C entre, recently conducted the violent c rime survey amongst Bahamians aged 1 8 to 22. The survey was a class project for students of All Star to determine what type of violent crime attack persons are afraid of the most and to design a self-defence course in response to alleviate someof their fears. More than 150 persons participated in the survey, which was non-scientific, but nevertheless yielded some interesting results. S urvey participants were asked the q uestion "What type of violent crime a ttack do you fear?" N ot surprisingly topping the list was b eing shot. Second on the list was being stabbed and third was rape. In fact, about 12 per cent of men stated being raped as their top concern. Being attacked by more than one attacker was also a concern. "I designed an online self defence course around these factors so that anybody regardless of their physical condition could benefit. The free video seminar is c alled "Stop Living in Fear: seven stays afe secrets that muggers, rapists and viol ent criminals do not want you to know, s aid Mr Rahming, who is a 9th degree b lack belt and internationally renowned seminar speaker. SURVEY RESULTS Q uestion: What violent crime attack do y ou fear the most? ATTACKMALEFEMALECOMBINED SHOT...........31..............22..................53 STABBED....26..............19..................45 R APED..........9..............21..................30 C HOKED.......3...............9 .................12 GANGED......8................3..................11 PUNCHED.....1................7....................8 SLAPPED......0................2....................2 THE annual Christmas tree lighting took place in Fox Hill on Sunday. Each year, the Fox Hill parade grounds are lit from stem to stern. This year, Jan Davis of the Village Con venience Store and Davis Enterprises and her team used a green and yellow motif to light the tree which is supplied by Ken Perigord Enterprises. The tree lighting is organised by the Fox Hill Festival Committee headed by Maurice Tynes and a team of Fox Hillians. They name the tree each year after a prominent Fox Hillian. This year, the committee chose Mildred Edgecombe, a civic activist and mother. Ms Edgecombe had the honour of turning on the lights which lit the park. The Doris Johnson Senior High School Band under the direction of Aaron Neely provided the entertainment for those attend ing the tree-lighting ceremony. (Photo by Fox Hill Media FOX HILL LIGHTS UP FOR CHRISTMAS Young Bahamians biggest crime fear is being shot Ministrs People to People venture making new progress T EA TIME: G uests enjoy the monthly People to People tea party at Government House. B y DENISE MAYCOCK T ribune Freeport Reporter d maycock@tribunemedia.net FREEPORT A man, remanded to Fox Hill Prison following an arraignment on Monday in the Eight Mile Rock Magistrates Court, escaped while police were prepar ing for his transportation. He was later recaptured. Jamaal Deloach, 22, of Seagrape, Eight Mile Rock, was charged with three counts of housebreaking and two counts of stealing before Magistrate Gwen Claude. He pleaded not guilty to the offences and elected summary trial. Magistrate Claude remanded Deloach to Her Majestys Prison, Fox Hill and adjourned the matter to January 13, 2011. Deloach, while in police custody, was being taken to Freeport for further processing when he escaped from the officers preparing to transport him. He was later apprehended by officers in the Jones Town area. SHOOTING CHARGE A 34-year-old Eight Mile Rock man was a rraigned in connection with shooting and injuring a man over the weekend in that settlement. Joel Saltine, a resident of Martin Town, appeared before Magistrate Gwen Claude charged with causing harm. It is alleged that on December 3, the accused caused harm to another male resident of Eight Mile Rock by shooting him in his leg. Saltine pleaded not guilty to the charge and was granted $2,500 bail with one or two sureties. The matter was adjourned to February 9, 2011 for trial. MAN IN ESC APE BID AFTER ARRAIGNMENT

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By ELAN ERA JOHN Panos Caribbean HOMOSEXUALmen in Guyana are still finding it difficult to live free from fear of stigma and discrimination. These are everyday parts of their lives whether at s chool, work or accessing services from hospitals or transportation service p roviders. Kobe, a young openly homosexual man, said his e xperience with stigma and d iscrimination goes way b ack to his childhood when he was bullied and harassed. Being in school, having p ersons tell you or trouble you and you would have to shift to doing certain things. He explains some of the shifts he is forced to make to avoid the harassment. If I see a set of guys limi ng at a corner I would walk a round or take the longer route if that was the shorter r oute (to avoid passing t here). If I go back home right now to where I am from in Berbice I would experiencea great deal of stigma in terms of verbal words. Most of the stigma that I receive is verbal words, he said. K obe said that although he has overcome being affected by words, some p eople take their attacks furt her than that. He said that u p to the day before (being interviewed) while he was speaking on his cell phone, five young men were passing and one of them picked up a b ottle to toss at him. I stop at the time and I s tand up, waiting to see if they were going to shy (hitm e with the bottle. When they realised that I am s tanding up there they start t o say, Oh, I am getting b rave, and that sort of thing, he said. H e added that the day b efore that incident he was actually pelted with a bottle by another set of 20-something-year-old guys. He said that most of the harassment that he receives would be in the form of peop le smiling in a mocking m anner or nasty comments f rom older people. K obe works in a health f acility. He says a lot of peop le know who he is. He thinks that because of this, he is able to access services quite comfortably, despite the occasional gesticulations from persons. But, the worst forms of d iscrimination come when he seeks access to public transportation. You find that bus cond uctors and drivers may not s top to pick you up, or upon discovering the persons ori-e ntation may not want that p erson in the bus. I go to shop and I get sold, I get (attended to taxi drivers, you have a big issue where they might not want to pick you up. They m ay slow down when f lagged down but when they s ee who you are they drive away, he said. H e said that he has never confronted a transportation p rovider to know why he w as asked to exit the bus. I nstead he would simply comply with the demand tol eave the car or bus. But t here was one time when the minibus operator objected to him being in the bus and other passengers in support exited the bus also. Kobe said that the problem has been escalating of late and it h as been costing him money t o move around. O penly gay men have m ore difficulties when it c omes to employment. A ccording to Kobe they sometimes have to be somebody else before they are given employment because of employers requirements for dress code. Lots of young gay flamb oyant men are unemployed because of this, and this may lead to them engaging in t ransactional sex. They m ay not go out there at n ight, but engage in it right in their homes. In theirm inds it is not sex work. T hey do it occasionally to get income to (supplement support from family, Kobe explained. Gay men do experience sexual assaults. R elating to an incident e arlier in his life, Kobe said t hat when he was gangraped, he could not go tot he police nor could he tell his parents, because of the f ear of stigma and discrimin ation. When I got home I didnt tell my family anything, Ij ust told them I got robbed a nd dropped the matter, Kobe said. The same is about telling the story over and overand then to get the reaction from the police, a laugh or a smirk or a smile, a nd the questions that they a sk, he said. T oday, Kobe is part of the G uyana Rainbow Foundat ion and is also affiliated w ith the Society against Sexual Orientation Discrimination (SASOD He also has a youth community based organisation called Diverse Youth Movement which looks at issues in t he younger Lesbian, Gay, Bi-sexual and Transgen dered (LGBT H is organisation looks at p ersonal development and c apacity building for young persons. He said thatb ecause the Guyana Rain b ow Foundation is fairly new, they have not approached agencies for assistance with funding to l ook at social cohesion and conflict resolution. I am now finishing the governance manual for the organisation and once that is off, (we will be moving ahead). We are registered w ith the Ministry of Culture Y outh and Sport. Now we a re starting the work, we are d oing some personal work, he said. A ccording to Kobe the Ministry of Health has been g reatly involving the youth group in its programmes and initiatives in terms of H IV/AIDS in Guyana. Director of the National A IDS Programme Secretariat (NAPS Singh, said that the agencyw orks with groups like Kobes, providing funding f or advocacy and training. There is also a coordinating committee at the nationa l level that brings together all the NGOs that work with c ommercial sex workers and with men who have sex with men once every quarter t o discuss with them whether things are going well. Groups that have a focus on the LGBT community have been able to benefit from funding under the project to be able to do work among their members, she said, noting that this is done t hrough an arrangement s imilar to the groups that w ork with the female comm ercial sex workers. Dr Singh said that from a h ealth sector perspective it is very difficult for NAPS to i nfiltrate those communities and hence the use of the NGOs whose members may h ave the trust of the community that they are worki ng with. Kobe is trying to make a difference through hisg roups advocacy work because of his experiences a nd those of people he knows in his community. We want to work in the s chools and homes because we have young men who h ave been placed out of their homes because of their statuspeople dont wantt o come out because they are afraid of the stigma, he said. C M Y K C M Y K PAGE 6, TUESDAY, DECEMBER 7, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Gay bashing in Georgetown A gay man shares his experiences P ANOS C ARIBBEAN R EPORT Y Y o o u u f f i i n n d d t t h h a a t t b b u u s s c c o o n n d d u u c c t t o o r r s s a a n n d d d d r r i i v v e e r r s s m m a a y y n n o o t t s s t t o o p p t t o o p p i i c c k k y y o o u u u u p p , o o r r u u p p o o n n d d i i s s c c o o v v e e r r i i n n g g t t h h e e p p e e r r s s o o n n s s o o r r i i e e n n t t a a t t i i o o n n m m a a y y n n o o t t w w a a n n t t t t h h a a t t p p e e r r s s o o n n i i n n t t h h e e b b u u s s . K INGSTON, Jamaica A MEMBERof a gay rights group in Jamaica has been found stabbed tod eath and the Caribbean country's sole homosexual advocacy group said Sunday that it could be a hate crime, according to Associated Press. The body of the 26-year-old man was discovered Friday behind an insurance company building in Kingston, the Jamaica Forum for Lesbians, All-Sexuals and Gays said. Dane Lewis, the advocacy group's d irector, said the victim's name could n ot be released because his relatives had not been notified of his slaying. In a statement, the advocacy group mourned the slain man and calledf or a full investigation by Jamaican security forces. "While the reason behind his death is not yet known, allegations are that his life had been under threat for some time," the organization said. Police did not immediately return calls Sunday seeking information on the investigation into the killing. Gays and their advocates say Jamaica is by far the most hostile i sland toward homosexuals in the a lready conservative Caribbean. They say gays, especially those in poor communities, suffer frequent abuse. B ut they have little recourse because of anti-gay stigma and a sodomy law banning sex between men. Many people in the highly Christ ian nation perceive homosexuality as a sin and insist violence against gays is blown out of proportion by gay activists. Some say Jamaica tolerates homosexuality as long as it is not advert ised. Activist: Member of Jamaica gay rights group slain KINGSTON, Jamaica EFFORTSare under way to clean up an oil spill in the harbor of Jamaica's capital, according to Associated Press. The island's emergency management agency says the slick in Kingston Har bor is located between an oil refinery and a power station. The agency said in a news release Sunday that police are investigating the origin of the spill, which was discovered Saturday. Officials say the oil contamination was being cleared up and had had no direct impact on the city itself. However, it was not immediately clear how much fuel had spilled into the water. Authorities are still investigating a Nov. 22 spill in the capital's harbor, the seventhlargest natural harbor in the world. Oil spill in Kingston Harbour is pr obed

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C M Y K C M Y K LOCAL NEWS T HE TRIBUNE TUESDAY, DECEMBER 7, 2010, PAGE 7 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM The Public is hereby advised that I, MICHDRIANA DAMAS,of P.O. Box SS-6713, Hanna Road, Nassau, Bahamas, intend to change my name to MICHDRIANA CLARKE.If there are any objections to this change of n ame by Deed Poll, you may write such objections to the Chief Passport Ofcer, P.O.Box N-742, Nassau, Bahamas no later than thirty (30 of this notice. I NTENT TO CHANGE NAME BY DEED POLLPUBLIC NOTICE WITH crime being a problem that significantly impacts inner-city children, the Bahamas Sailing Association hopes that their teaching programme can get kids off the streets and give them a sense of pride in their accomplishments. For the past six years, the Bahamas Sailing Association has been teaching children from inner-city communities in New Providence the joys of sailing. Sailing is now part of the curriculum in three public schools, with participation by over 80 students. A nd the Association's eight-week s ummer camp trains more than a hundred children annually from 29 s chools in Nassau and the Family I slands. Our year-round school sports and s ummer camp programmes collect ively delivered more than 3,000 instructed sailing sessions to young B ahamians during 2009 and to date we have had nearly 900 kids pass through the Association's camps," said sailing operations director Jimmy Lowe. "We also have a regatta programme that teaches competitive sailing for t hose with the appropriate skills and i nterest, including entry into local and overseas regattas. T he Bahamas' first Olympic medals ( Gold and Bronze) were won in sail i ng events in the 1960s. And Bahamian sailors continue to compete on a regular basis in majori nternational regattas. A major goal of the Association is to broaden the number of Bahamian sailors through development of the National Sailing School, which uses the facilities of the Nassau Yacht Clubat no cost. "But more importantly, we are try i ng to positively impact our young people, one student at a time, through this educational outreach. Sailing builds seamanship, integrity, discipline, fair play and respect for others, all of which can contribute to the growth and maturity of an individual," Mr Lowe said. The Association's activities are o rganised by unpaid volunteers, but t here are two paid full-time instructors, together with the additional temp orary instructors employed during s ummer camps. All activities are funded by donations, which go directly into teaching the children. T he Association was founded in 1952 and is recognised as the national sailing authority by the Interna tional Sailing Federation, the Bahamas Olympic Organising Committee, the Ministry of Sports and the P an American Games Sailing Assoc iation. Pictured from left: East Nassau Rotary Club President Joanne S mith presents Association Director J immy Lowe with a contribution to help fund the annual children's summer camp. The Rotary Club also heard from s ailing champion Pedro Rahming, who told us of his love of sailing and thanked members for the opportuni ty to sail. T HE Nassau Renaissance Singers, under the direction o f musical director Audrey Dean-Wright, return to perform at the Government House Ballroom this weekend. Under the patronage of Governor General Sir Arthur and Lady Joan Foulkes, the choir will present A Concert for Christmas this Saturday and Sunday at 8pm. At the conclusion of the performance, the singers will join the audience for the traditional after-concert wine a nd chat. Over the years, the Renaissance Singers have ushered in the traditional annual Christmas festivities for many in the Bahamas. This years concert promises to be no different. The programme includes classical and traditional C hristmas music as well as songs from around the r egion. M usic in the style of which former choir director E Clement Bethel was noted for will also be featured. The choir currently boasts a mix of veteran and new members, and this year will feature some of the young a rtists of the Bahamas as special guests. G uest artists include Nikita Wells on Saturday, Dicey D oh Boys on both nights, and Osano Neeley on Sunday. This year, the choir said, it is grateful to have wellknown musician Raymond Antionio accompany themo n the piano. Tickets for the Nassau Renaissance Singers concert may be purchased from Logos Bookstore at the Harbour Bay Shopping Plaza, East Bay Street or from choir m embers. Proceeds from the concert to benefit Nassau Renaissance Singers Scholarship Fund. A ONCERT FOR CHRISTMAS Programme aims to teach children the joys of sailing (L-R president Joanne Smith presents Bahamas Sailing Association director Jimmy Lowe with a contribution to help fund the annual children's summer camp. The Rotary Club also heard from sailing champion Pedro Rahming, who told us of his love of sailing and thanked members for the opportunity to sail. TORTOLA, B ritish Virgin Islands A MOTORBOAToverloaded with Haitian migrants slammed into a reef off the British Virgin Islands and cap s ized Monday as it tried to evade authorities. Five people were killed, including two infants, according to Associated Press. The 30-foot (9-meter was carrying more than 30 people when it struck the reef off the southern coast of Tortola, said British Virgin Islands Cus toms Comptroller Wade Smith. The exact number of passengers was unknown as authorities continued searching for more victims or survivors, Smith said. Authorities in the British t erritory detained 28 survivors a s suspected illegal migrants, including six who were hospitalized with undisclosedi njuries, said police spokeswoman Dianne Drayton. The boat had apparently d eparted from Dutch St. Maarten and was trying to illegally enter British territory about midnight, Smith said. M ost of the migrants were from Haiti but officials have not established the nationality of everyone on board, said Ricardo Castrodad, a spokesman for the U.S. Coast Guard, which was assisting with the search. The British Virgin Islands is home to a relatively small community of Haitian migrants but they typically enter either by mistake abandoned by s mugglers on one of the many i slands that make up the chain or as they try to reach the nearby U.S. Virgin Islands. A Dutch coast guard plane spotted the vessel and alerted other authorities in the region.T he U.S. Coast Guard dispatched a Puerto Rico-based ship that was about a mile (1.6 kilometers) from the migrantsw hen their boat hit the reef, Castrodad said. The boat overturned in Paraquita Bay, which is noto riously tricky to navigate even in daylight because of the extensive network of reefs in the area, said Phil Aspinal, president of the Virgin Islands Search and Rescue, a volunteer group helping to find sur vivors. Migrant boat capsizes in Br itish Virgin Islands

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C M Y K C M Y K LOCAL NEWS PAGE 8, TUESDAY, DECEMBER 7, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM rounding an all-inclusive resort that does not matchup to the reality. I dont think it has much to do with a specific model. I think it has to do with the f act that in terms of any Family Island destination it is much more difficult in t erms of access. Club Med solved their access issues by getting airlift directly to t heir destination from F lorida and France, said M r Vanderpool Wallace. I n order for any property t o do well it has to have a s teady supply of low cost high quality airlift, said the Minister. Sandals recog nised this and has already generated non-stop flights from Toronto, Miami and Atlanta. This is an item that has b een missed for decades. This is the primary issue. W hen you find yourself in a s ituation where it is less e xpensive to fly beyond the Bahamas than to the Bahamas you make your-s elf uncompetitive. Fixing the access problem is not easy, but the problem is access, he said. As for benefits to the community, he said government studies show the s pend of people in all-inclus ive in Nassau is about 80 per cent of the spend of those in room only resorts,o therwise known as European Plan (EP said this suggests the prob lem is not specific to the m odel. The mythological is e xactly that, said Mr Vand erpool-Wallace, and it i mpacts popular opinion a bout cruise ships as well. Cruise ships make more m oney selling tours than keeping people on board. They love to sell tours, he said. The larger issues to consider, he said, are the challenges of creating opportunities for people in a n all-inclusive to leave, stimulating interest in the destination as a whole, and c reating more affordable a ccess, whether by air or s ea. If that is stimulated by an all-inclusive then so bei t, because all of the other properties will begin to benefit from it. The reality is, in many cases the all-i nclusive is what gets it started, said Mr Vanderpool-Wallace. A local tourism expert a greed that in the case of S andals, and any all-inclus ive, there is no incentive t o keep people on the prope rty. In fact, (Butch Stewart would prefer the breakage, because it would in effect save him money. As for tourist spending, she said, visitors would have no problem spending a dditional cash or credit outside of the hotel if the community gave them a r eason to do so. There is a cultural shift t hat has to be made in Exuma for them to be able to take full advantage of anyd evelopment. Butch Stew art is working very, very hard to deliver visitors to his property, she said. I t is not his job to create opportunities in the community or to stimulate the interest, she said. There are people who t hink all-inclusives are the scourge of this country, and people who think they are fantastic. At the end of the day we have to have that variety because that is what v isitors demand. We cant be all or nothing. We have the potential to have more, b ut it has to be an all-inclus ive that understands the c hallenges dealing with i nfrastructure costs and the o ther input costs, and they h ave to be very targeted in their market, said the tourism expert. The all-inclusive model by its very nature requires that the inputs infrastruc ture, labour, food, drinks a re low cost. There is nothing in the Bahamas that is low cost. That model is c ompletely inconsistent w ith the infrastructure that w e have here in the Bahamas. It is not about whether t hat model is appropriate for Exuma, Eleuthera or any Family Island, except that the cost of everything is even more expensive in the other islands, because w e dont have many in Nassau either. They are not meant to survive on the basis of the cost of the infrastructure in this country, she said. W hile the Bahamas has the capacity for more allinclusives it is not likely the m odel will catch on like it h as in Jamaica, Puerto Rico a nd other more low-cost d estinations, said the s ource. T hose destinations are favourable for all-inclusives, considering they growa lot of their own food, manufacture their own beers and rums and have low labour cost. Our labour force is better paid than anywhere in the region, except probab ly Bermuda, she said. It i s not surprising that Exum a residents have complaints about the minimumw age earned by many at S andals. The high-end brand could have created unrealistic expectations. She suggest high end resorts are the only type of large-scale developments t hat could be delivered to Family Islands, because the market capable of affording those destinations is high end consumers. You have to seek a cust omer that is able and willing to pay more. The product has to be p erceived to be high-end to j ustify the higher spend, s he said. F our Seasons was also b uilt with the intention of b eing an upscale property, but it had a different strategy than Sandals. As an isolated hotel with an expensive golf course, and planned casi no, she said Four Seasonsi ntended to situate itself in a community of private residences that would supplem ent the 292 hotel room i nventory and support the r estaurants, marina, golf course and other amenities. P art of the failure was t he fact that the community never happened, she said, and the 292 rooms were never enough. Tourism expert responds to all-inclusive model criticism FROM page one ALL-INCLUSIVEMODEL: Vincent Vanderpool-Wallace and Perry Christie Long Cay, and another seat for Inagua and Mayaguana. Cat Island, Rum Cay and San Salvador, they recommended should remain as one seat, as well as Long Island and Ragged Island in their current state. The report continued that Abacos three seats is predicated on a May 2010 Census population of 16,692 persons. Based on extrapolation from the 2002 population and the number registered voters for the 2002 Register of Voters, it is suggested that 45 per cent of Abacos popula tion are voting age citizens. This would pro duce 7,600 electors for 2010. The average number of electors for the two central and southern seats would be 2,600 with the northern seat at 2,400 electors. The proposed Bimini and the Berry Islands seat represents recognition of pop ulation growth over the period 2000 through to 2010 by 16 per cent and the lack of scheduled transport between the various islands. Based on a 2010 population of 2,800 and a probable 48 per cent of the residents being citizen electors, this constituency would have 1,350 electors, similar to the three island seat of Cat Island, Rum Cay and San Salvador. Exuma experienced a doubling of its population during the ten year period between the taking of a national census in 2000 and another in 2010, growing from a population in 2000 of 3,571 to a population of 7,314 in 2010. Electors increased from 1,966 in 2002 to 2,800 in 2007 a phenomenal increase of more than 42 per cent. The island chain stretches more than 150 miles from the northernmost inhabited cay to the most southern settlement on Little Exuma. In fact, with a projection of more than 4,000 electors presently resident throughout the mainland and cays a case could even be made for three seats but parity of electors with Eleuthera and Andros is recommended, resulting in two seats for Exuma, ther eport read. While some of the reasoning behind such a proposal may seem plausible, it is highly unlikely that such arguments will carry any weight with the Boundaries Commission after Prime Minister Hubert Ingraham scraped any idea of the creation of additional seats. During an interview on the Exuma Breeze radio programme on November 25, Mr Ingraham said that he saw no need to increase the number of seats in the House of Assembly. In fact, Mr Ingraham said he is actually of the mind to decrease the number of seats. He said: In terms of the configuration of seats, when you take into account the population of New Providence, the population of Grand Bahama, the population of Abaco, the population of Eleuthera, and then Exuma, one has to determine how many of the 16 seats that are not in New Providence can be given to any one island. When we came into office we met Abaco with three seats and determined that Abaco could not justify three seats in relation to the total. The same thing applied to Long Island, Bimini and the Berries, and so, no I do not think it is reasonable for Exuma to expect to get another seat in the House of Assembly. I think it is reasonable for Exuma to make its local government work, and where it thinks it ought to be delegated additional authority from the central government so that these matters can be handled by local authorities in Exuma, it ought to do that. But in terms of representation in Parlia ment, no, one seat is enough for Exuma in terms of its population and size notwithstanding its geography, Mr Ingraham said. PLP group want House seats added FROM page one Shar e your news The T ribune wants to hear fr om people who ar e making news in their neighbour hoods. Perhaps you are raising funds for a good cause, campaigning for impr ovements in the area or have won an award. If so, call us on 322-1986 and share your story.

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C M Y K C M Y K LOCAL NEWS T HE TRIBUNE TUESDAY, DECEMBER 7, 2010, PAGE 9 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM -RE9DFDQF\$QHVWDEOLVKHG1DVVDXEDVHG FRPSDQ\VHHNVWRWKHSRVLWLRQRI$ VVLVWDQW)LQDQFLDO&RQWUROOHU $OO DSSOLFDQWV0867SRVVHVVWKHIROORZLQJ 3DVVLQJJUDGHVRQDOOSDUWVRIWKH&3$ H[DPLQDWLRQ \HDUVH[SHULHQFHZRUNLQJZLWKDQ DFFRXQWLQJUP 6WURQJDQDO\WLFDOVNLOOV 6WURQJRUJDQL]DWLRQDOVNLOOVZLWKWKH DELOLW\WRZRUNLQGHSHQGHQWO\ $ WKRURXJKZRUNLQJNQRZOHGJHRI 0LFURVRIW([FHO 7KHDELOLW\WROHDUQTXLFNO\ ([FHOOHQWFRPPXQLFDWLRQDQGWHDP ZRUNVNLOOV 7KHDELOLW\WRPDQDJHPXOWLSOHWDVNV DQGUHVSRQVLELOLWLHVVLPXOWDQHRXVO\ ,QWHUHVWHGSHUVRQVVKRXOGVXEPLWWKHLU UHVXPHVYLDHPDLOWRDVVWQDQFLDOFRQWUROOHU#KRWPDLOFRP$OOUHVXPHVPXVWEHUHFHLYHGE\ WK 'HFHPEHU 2QO\SHUVRQVPHHWLQJ$// RI WKH UHTXLUHPHQWVDERYHQHHGDSSO\ on Saturday," officer-in-charge of the Wulff Road station Superintendent Ashton Greenslade told The Tribune. "He was booked in here and taken to CDU (Central Detective Unit Supt Greenslade said he could not provide additional details on Mr Jenkins' arrest. Head of the CDU Superintendent Leon Bethel and his subordinate Assistant Superintendent Michael Moxey did not give The Tribune further details of the arrest and events leading up to it before press time. One of the concert's promoters Jason Cartwright confirmed on his Facebook page that the hip-hop star had been arrested early Saturday, but was later released. "People tried to shut us down, yea' Jeezy was locked up, he out now (about Cartwright wrote Saturday morning. A well-placed source told The Tribune that the rapper was taken into the Fox Hill area by friends and was simply "in the wrong place at the wrong time" when he was taken into custody. Club promoters "Da Recession" a promotion company based in Miami, Florida but said to be headed by a Bimini born native DJ D'ano engaged Mr Jenkins to perform at Club Luna on West Bay Street. wore hats and gloves. According to the Miami Newtimes Wilson has a col lection of around 300 hats ranging from rhinestonestudded stetsons to demure bowlers. The congresswoman elect began her career as princi pal at Skyway Elementary in Miami Gardens. She successfully fought and lobbied for the fair treatment of Haitian refugees that were incarcerated at a local deten tion centre in 1984. Through her efforts all the women at the centre were released. In the Florida House and Senate, Wilson continued to wage war for extremely unpopular issues among which were the testing inmates for HIV, allowing imprisoned moms to serve time closer to their kids and keeping foster children in one school. Wilson also founded programmes such as the 5000 role model of excellence programme, which is a drop-out preventative project. Once in Washington Wilson hopes to get a bill passed that will ban the use of cellular phones in automobiles nationwide. In congress there is a house rule banning hats on the chamber floor dating back to the 1800s. Wilson was previously going to ask incoming House Speaker John Boehner if she could be allowed to wear her signaturehats on the floor. She has recently said she will not be asking for a wavier of the rule and "will observe the law of the land," according to The Miami Herald According to The Miami Herald Wilson says that the hysteria her hats have created is unbelievable. "I've worn hats for 30 years. I didn't get elected to Congress to wear hats," said Wilson. While the hat fashionista may not have got elected for her style, Wilson has definitely become synonymous with her signature hats. New York milliner Kokin, who has designed hats for Laura Bush, Barbara Walters and Queen Latifah is a fan of Wilsons wear and said "in her world, she is lady Gaga". BAHAMIAN CULTURE INSPIRES US C ONGRESSWOMANS HAT FASHION FROM page one A MERICAN RAPPER WAS ARRESTED, RELEASED BEFORE BAHAMAS CONCERT FROM page one SCENESfrom last nights p olice tree lighting ceremony held at the Royal Bahamas P olice Force headquarters. As well as the official tree lighting event, there was plent y of festive entertainment for those present. Felip Major /Tribune staff POLICETREE LIGHTING CEREMONY Y OUNGJEEZY

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C M Y K C M Y K SECTIONB business@tribunemedia.net TUESDAY, DECEMBER 7, 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 $4.34 ftnnt%#!( #$!##""n" tt"$#"$ "#!"%'#% "&"!($!" trrf# Invest in the countries expected to LEAD the world in growth over the next decade with TIGRS 4 LinkedtoEmergingMarkets,US, EuropeandFarEastIndices InvestB$butgetglobalexposure$5MLIMITEDOFFERING Offer Period Nov 29 Dec 10 EMERGING MARKETS:the Worlds Fastest Growing Economies! tigrs@royaldelity.com By NEIL HARTNELL Tribune Business Editor The Bahamas Chamber of Commerce and Bahamas Employers Confederations (BECon organisation is a done deal, Tribune Business was told yesterday, members of both approving the move to create one organisation that will be the unequivocal voice of the private sector and provide a greater level of business support services. Brian Nutt, BECons head, and Khaalis Rolle, the Chambers president, confirmed to CHAMBER/BEC ON MERGER DONE DEAL Members of both vote in favour of creating sole unequivocal voice of the private sector that will also enhance business support services The Bahamas Chamber of Commerce and Employers Confederation to come into being on January 1, with full-time CEO and chairman and vicechairman instead of existing president/vice-president Organisation to have 12 divisions, and be more effective and efficient in service delivery Move on business support services as other side of the equation KHAALIS ROLLE SEE page 2B B y NEIL HARTNELL Tribune Business Editor FINCO, Royal Banks BISXl isted mortgage arm, yesterday said it was not forcing borrow e rs to take out homeowners insurance through its brokerage arm or insisting that they do so until the outstanding prin cipal equalled the sum covered FINCO rebuts broker fears Royal Banks BISX-listed mortgage arm denies telling borrowers it must take outh omeowners insurance cover through it, or that they must do so until principal equals mortgage guarantee cover Says certainly not our policy not our practice and not what we want to do SEE page 2B By NEIL HARTNELL T ribune Business Editor A former Bahamas Cham ber of Commerce president yesterday said he was moving fast to a position of agreeing that private security guards be a llowed to carry firearms as a means to combat, and deter,a rmed robbers, as he called on the Royal Bahamas Police Force to flood commercial areas with officers during the Christmas season. ARMING SECURITY GUARDS: I AM GETTING THERE F AS T Former Chamber president urges police to flood commercial areas in Christmas run-up, saying many in business scared ****less by crime situation he describes as scary as hell Says Town Centre Mall robbery shows criminals getting increasingly bold SEE page 4B By NEIL HARTNELL Tribune Business Editor The joint liquidators of a collapsed $471.3 million Bahamasbased investment structure have warned that their efforts to sell a majority 51 per cent stake in a BISX-listed real estate invest-m ent trust (REIT p roven fruitful to date, even though this equity interest is the key investor recovery source. C lifford Culmer, the Bahamasbased BDO Mann Judd accountant, and Raymond Massi, his Canadian co-liquidator for the Olympus Univest fund its Bahamian-domiciled counterpart, Mosaic Composite, saidt hey would continue to collect d ividends from Premier Com mercial Real Estate Investment Corporation until a buyer for the5 1 per cent interest was found. In their 10th report to the Bahamian Supreme Court as joint liquidators for Mosaic Com posite, Messrs Culmer and Mas si said: The Mosaic joint liqSale efforts not fruitful for 51% BISX firm stake Liquidators for failed $471m Bahamas investment structure still collecting dividends from Premier Commercial Real Estate while search for majoritys take buyer continues Targeting current director of fund entity over alleged $1.5m unauthorised payments, but face counterclaim for $5m SEE page 4B By ALISON LOWE Business Reporter a lowe@tribunemedia.net Having seen a 12 per cent reduction in monthly operating costs for key cooling equipment, Atlantis (pictured above is in the process of upgrading 75 of these air handling unitsa s part of an ongoing energy c onservation and management program that has resulted in savings of an estimated hundreds of thousands of kilowatt h ours in energy usage. Upgrades slash Atlantiss air unit costs 12 per cent Kerzner executive says hundreds of thousands of kilowatt hours saved by resorts programs over p ast decade Places Atlantis at .5 on scale of 10 when comes to energy efficiency commitment, compared to five for other Bahamian resorts* Savings from energy efficiency projects pay back over two to four years SEE page 4B By NEIL HARTNELL Tribune Business Editor The Bahamas shipping registry has every good reason to be growing at a rate of 8-10 per cent per annum, in line with the global shipping industrys expansion, a government minister said yesterday, adding that the Bahamas Mar itime Authority (BMA achieved all of our goals for last year. Earl Deveaux, minister of the environment, who has responsibility for the Governments relations with the BMA and the Bahamian maritime industry in general, told Tribune Business that key reforms adopted over the past year were essential to ensuring the global shipping and yachting industries saw the Bahamas as the best option for themselves and their clients. Apart from the Prime Ministers opening of the BMAs Hong Kong office and the establishment of a consulate Greece, bringing the BMA closer to its Greek shipping Every reason for 8-10% shipping registry growth Government and BMA achieve all of our goals for last year in maritime industry Now moving to maintain competitiveness on royalty r ights payments for music broadcast on Bahamian ships Reforms designed to keep Bahamas as the best option, a nd not give clients reason to go elsewhere Minister: We are infinitely more price competitive. We t hink the business that is ours will resume coming to us SEE page 3B

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t his newspaper that the merger would take effect from January 1, 2011, onwards, via the newly-created Bahamas Chamber of Commerce and Employe rs Confederation (BCCEC both organisations approvingt he move at Extraordinary General Meetings (EGM w ithin the past week. Praising the merger committee formed to oversee the technical details of the merger for working tirelessly over the last 1 0 months to work out the details, Mr Nutt told TribuneB usiness: Basically, what it does is create one national o rganisation where member ship is open to all businesses in the Bahamas regardless of their sector or size. This advocacy organisation, w hich is what the Chamber and BECon already are, will be theu nequivocal voice of the private sector in the Bahamas. M r Nutt said the merger should make the BCCEC more efficient and effective with the resources we have. He added that the merger had effectively taken nine years to fully consummate, with initial talks about the possibility hav ing first been held in 2001. T hese feelings coalesced in 2003 at a joint meeting between t he Chamber and BECon, which determined that both parties were amenable to a merger, and between then and 2009 the two sides worked closely together to learn each others culture, standards and o perating procedures. The main thing we found is t hat a merger did not detract from the core role of each o rganisation, Mr Nutt told Tribune Business. One complemented the other in an organisation encapsulating all the things a non-governmental o rganisation should have. The BECon president said t here were quite a number of changes addressed in the Arti c les and structure of the merged BCCEC, with the existing Chamber posts of president and vice-president set to be replaced by those of chairman a nd non-chairman respective ly. I n addition, the Chambers current full-time executive d irector post will be upgraded to the status of chief executive. T his, Mr Nutt indicated, was designed to ensure stability and continuity at the BCCEC, rather than maintain the present situation where the Chambers goals and character were heavily influenced and often c hanged by the personality and personal wish list of ani ncoming president. Were looking at trying to m ake the organisation more sustainable by having a contact point such as a chief executive, Mr Nutt explained. The organ isation will not change its f lavour based on who is presi dent. It will be a more sustain a ble organisation that is not altered as much by who the par t icular officers may be. Mr Nutt said the BCCECs structure would also be different from the existing Chamber, being composed of 12 different d ivisions. Apart from the one headed by the chief executive,e ach division will be chaired by d ifferent directors. What we are looking to try t o do is attract as many members as possible to come and work on division committees to h elp us be sustainable, be proactive, Mr Nutt added. S ome of the divisions will be education and training; labour r elations; small and mediumsized enterprises; finance and budget; a young professionals organisation; and international trade. M r Rolle, meanwhile, told Tribune Business that the technical side of the merger had been completed, with both C hamber and BECon members ratifying the new constitution and organisational structure of the BCCEC. It puts us in a better posi t ion to deliver the services side of the equation, Mr Rolle said o f the merger. Both the Cham ber and BECon had been suc c essful from an advocacy perspective, playing a key role in discussions on private sector advancement, and helping to create the environment to do b usiness successfully. Yet that was only one part o f the equation. The Chamber is also a service provider on a m ore micro level, and what were doing now is building the s tructure and the infrastructure to be more of a service provider than we have been in the past, Mr Rolle added. T echnical support and access to business education services were key elements of this, he added, with the Chamber Insti tute being the key delivery m echanism. Were able to deliver now. Thats the value added side of what we propose to do, Mr Rolle added, pointing out that businesses needed more than advocacy. While the BCCEC focused on integrating both legacy organisations and launching new programmes, Mr Rolle said it would also be dealing with ongoing external issues affecting the business commu nity, such as trade liberalisa tion. Mr Nutt explained that because the Chamber was a registered non-profit company, and BECon a voluntary associ ation of employers, the decision was made to leave the Chamber as the surviving enti ty, merging BECon into it after the Articles and Memorandum of Association had been changed. BECons assets and liabilities will be vested in the Chamber come end-December 31, 2010. C M Y K C M Y K BUSINESS PAGE 2B, TUESDAY, DECEMBER 7, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM 'U/LX=HOLQ/HRf+DV 029('IURPLOODJHRDGWR :LQFKHVWHUWUHHWDOPGDOH0LUDFXORXV&KLQHVHHGLFDO'RFWRU KHDOVSDWLHQWVDLOPHQWVPDQVXIIHUHGIURPVHYHUHSDLQLQKLVULJKWNQHHIRUORQJ WLPH+HIRXQGLWGLIFXOWWRPRYDURXQG+LVNQHHZDV VZROOHQDQGYHU\VWLII+HKDGWKLVSUREOHPIRUHDUV $IWHUWKUHHWUHDWPHQWYLVLWVWKHVZHOOLQJZHQWGRZQDQGKH ZDVDEOHWRPRYDURXQGZLWKQRSUREOHPUHFRPPHQGWKLV WUHDWPHQWIRUSHUVRQVZKRZDQWUHVXOWVDQGGRQRWZDQWWR KDYHVXUJHU\ $QHOGHUO\PDQ\HDUVROGVXIIHUHGIURPKLJKEORRGSUHVVXUH DQGGLDEHWHV$IWHUYLVLWVKLVEORRGSUHVVXUHZHQWWRQRUPDO DQGKLVGLDEHWHVLVQRZXQGHUFRQWURO The Bahamas Financial Services Board (BFSB into Brazil in late November, targeting asset managers and seeking to explore w ider business relationships through the use of Freeport as a transshipment andl ogistics centre. Bahamas Landfall: Destination Brazil i nvolved 20 Bahamian service providers who travelled to Sao Paolo and Rio de Janeiro for the event. The BFSB has been increasing its Brazil focus gradually over the past five years, t hrough participation in the annual Brasil Investment Summit and referrals fromf riends of the Bahamas living in Brazil and this nation. Emerging economies from Brazil to China are encouraging their asset managers to focus beyond their domestic markets, said Wendy Warren, the BFSBs chief executive and executive director. This has provided jurisdictions such as the Bahamas with an opportunity to provide a range of services to these asset man agement companies. The Bahamas Landfalle vent was designed to increase the moment um for interest in the Bahamas that we have been building for the past five years. She added: It was also designed to establish the idea that there is a natural linkage between Brazil and Freeports t ransshipment zone, readily demonstrated by the investment and operations of Statoil Hydro. M s Warren said the BFSB was particul arly pleased that the Grand Bahama Port Authority (GBPA s ponsors of the event. This indicated, she added, growing support and recognition f or this nations vision statement for the financial services industry, which positions the Bahamas as an ideal location for intern ational business and finance. We have redoubled our efforts to coordinate and partner on joint initiatives with the Port Authority, the Ministry of Tourism, the Bahamas Investment Author-i ty and the Bahamas Maritime Authority, said Ms Warren. This has led to BFSB supporting and becoming actively involved in events such a s BIMCATs, Posidonia a major shipping conference in Greece the recent opening of the BMA office in Hong Kong and our lead sponsorship of the Caribbean Investment and Finance conference held inN assau last month and presented by T he Banker an FT publication. Other sponsors of Bahamas Landfall were Ansbacher Bahamas, Butterfield F und Services, Ernst & Young, Genesis Funds Services, Graham Thompson, Pre m ier Fund Services, Royal Bank of Canada Wealth Management and Swiss FinancialS ervices. HFM Week, publishers of HFMWeek, PAM and Latin American m agazine was the official media partner of the event. Ms Warren said: As the Bahamas continues to position itself as a global leader for financial services, events like BahamasL andfall in key economies like Brazil are very important. BFSB in strongest Brazil push to date Aim to link financial services with the use of Freeport as transshipment and logistics centre WENDY WARREN P ARTOFTHETEAM: D amianos Sothebys International Realty yesterday announced that John Cash ( pictured above) had joined its Abaco sales team. A native Abaconian, Mr Cash was employed at Boat Harbour Marina and Newport International Ltdi n Treasure Cay as comptroller. He also operated a dive centre, boat rental and golf car rental business on the same cay for a decade. H e first entered real estate in November 2000, completing all the requirements to become a licensed brok er within four years. REALTOR ANNOUNCES ABACO APPOINTMENT CHAMBER/BECON MERGER DONE DEAL F ROM page 1B by mortgage indemnity insurance, stating: Its certainly not our policy, not our practice and not what we want to do. Jan Knowles, Royal Banks spokeswoman, issued this state ment to Tribune Business after this newspaper had been contact e d by several irate Bahamian insurance brokers, who were complaining that clients were being told by FINCO representatives thatt hey must take out homeowners insurance through the bank, which has its own insurers broker licence. T ribune Business understands that the issue was also raised at the Bahamas Insurance Brokers Associations (BIBA al meeting (AGM were being told that they must insure through FINCO until the outstanding mortgage principal was equal to the value of the mortgage i ndemnity insurance. Theyre saying that if you have a Mortgage Indemnity policy w ith FINCO, you have to do homeowners insurance with them, one Bahamas-based independent broker subsequently complained t o Tribune Business. This, they said, resulted in a lack of freedom of choice for the consumer, and was anti-competitive, given that they had been able to find a policy whose premium was cheaper than what a client was quoted by FINCO. T he broker also said that some clients preferred to deal with an independent insurance expert who had their best interests at heart, r ather than be insured under a block group policy that was close ly linked to their lender. A Mortgage Indemnity Guarantee is insurance coverage, usually taken out at the beginning of a mortgage contract, when the bor rower is unable to put down a certain percentage of the real estate purchase price. This percentage is normally 20 per cent, and if unable to meet t his, the borrower makes a one-time insurance payment to provide cover that the lender will be able to claim on if they default. Thei nsurance is thus designed to minimise the banks risk exposure, usually guaranteeing the difference between the loan amount and o utstanding balance. Tribune Business took the brokers concerns to Tanya McCartney, FINCOs managing director, who referred the queries toM s Knowles. Telling this newspaper that FINCO would normally require m oist mortgage borrowers to take out a Mortgage Indemnity Guarantee, Ms Knowles said of the brokers claims: It has not been our practice to say you must get homeowners insurance from us. Its up to the client whether they get insurance from us or externally, and we accept either. There is no way we are telling them they must have it from us. Thats not our policy. Ms Knowles said FINCO had checked just to make sure it was not happening at the ground level, and she added: Its not our policy. Were happy to take insurance from whomever. We just want to know you have the coverage. Its a concern that impression may be out there but, no, its cer tainly not our policy, not our practice and not what we want to do. They can take it out with us, they can take it out with whoever, so long as they are covered. If you have a favourite insurer, go with a favourite insurer. Some people have been working with a company for years and years, and if thats what they want, thats fine. Tribune Business understands that homeowners insurance policies taken out through FINCO are equally shared by Bahamas First and RoyalStar Assurance, each splitting the premium income and coverage 50/50. Independent insurance brokers have become increasingly wary in recent months about commercial banks dictating where mortgage clients place their homeowners policies, after Scotiabank (Bahamas be placed on a group policy with J. S. Johnson if they were unable to provide evidence they had coverage by a certain date. The bank said this was necessary to protect its interests, and has subsequently worked out protocols with the insurance industry as to how the scheme should work. FINCO rebuts broker fears FROM page 1B

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industry clients, Mr Deveaux said the BMA had introduced administrative protocols so that it and its services were available 24/7 to its clients around the world. Online communications with the ship owners and companies that controlled the 1,650-1,700 vessels registered on the Bahamas shipping registry had also been improved, while this nation had also promulgated the yacht registry code to encourage high net worth individuals to use it for their vessels as well as wealth management. Asked how important the maritime industry could become to the Bahamas, Mr Deveaux replied: Global shipping is expanding rapidly in South-East Asia, Africa and South America, and because of the location of the Bahamas, theres every good reason to think we should be growing at 8-10 per cent a year, in tandem with the growth in shipping as it expands. Mr Deveaux added that reforms enacted earlier this year had left the BMA with a fee schedule that is very competitive, changes including waiving the registration fee for new shipowners and providing incentives ranging from a one-third to 60 per cent reduction in fees for owners registering multiple ships. Pointing out that the whole package of measures enacted over the past year had strengthened the BMA as a quality ship registry, Mr Deveaux said they had also improved its overall position vis a vis competitors such as the Marshall Islands and Mal ta. We are infinitely more price competitive, and admin istratively more proactive, the minister told Tribune Business. We think the business that is ours will resume coming to us. We were never in the same business as Panama and Liberia, but it was necessary to do this to ensure the merchant fleet, the cruise fleet and the increasingly important yacht fleet saw the Bahamas as the best option, and not giving incentives to lawyers, accountants and wealth managers to steer people away from the Bahamas because we were perceived as too slow or too expensive. Marketing the Bahamas, the BMA and the range of maritime products and services it offered was key, Mr Deveaux said, pointing out that another issue recently brought to the authorities attention was the issue of performing rights related to music played aboard Bahamian-registered ships, such asc ruise vessels. Royalty payments have to be made to the artists whose tracks are used, and Mr Deveaux said: We found the Bahamas was not as competitive in that regard. With this having implications for some shipowners as their fleets became larger, the minister said the BMA was now in discussion with the relevant performing arts body to establish a mechanism to ensure rates do not put us at a disadvantage. The BMA Board was due to meet this week to set targets and goals for 2011, Mr Deveaux saying all these had been met for 2010. The targets achieved included appointing a new BMA director, opening the Hong Kong and Greece offices, the yacht code and registry, attending various conferences and nominating a BMA officer to meet with a group of Bahamian shipowners four times pery ear. By ALISON LOWE Business Reporter alowe@tribunemedia.net The Bahamas Chamber of Commerce expects more than 40 Bahamian companies will be in a good position to benefit from an export-boosting program, which aims to help firms currently exporting goods or services, or looking to do so, overcome barriers to expanding their trade across borders or within thisnation. The Chamber is encouraging small and medium-sized enterprises to apply to participate in the Inter-American Investment Corporationfunded FINPYME Export-Plus program it launched yesterday, which will see companies given technical advice to help them grow their overseas exports. Winston Rolle, the Chambers executive director, told Tribune Business it was very feasible that more Bahamian companies can get involved in international trade of their goods and services through the ExportPlus program, with the potential gains from such a shift towards greater global competitiveness having a significant impact on a Bahamian economy that has traditionally seen very few of its goods or services sold abroad. Launch A number of companies attended the launch of the program at the British Colonial Hilton yesterday, with the agricultural and fisheries sectors heavily represented, in particular. Others will have the chance to apply to get involved ahead of the February 2011 deadline for applications. We initially invited 30 to 40 companies who could benefit to the launch, and we suspect the number out there who could get involved may be quite a bit larger, said Mr Rolle. Once selected for involvement based on their potential to benefit from the program, among other criteria companies will be assessed so a determination of the exact kind of technical assistance they require to boost their exports can be made. The IIC will fund the provision of local, regional or international consultants who may be able to provide the kind of expertise that a particular business requires to overcome some of the obstacles to expanding its national or international trade. It does not have to be just those who want to trade outside of the Bahamas. You could be a company in a Family Island looking to export to New Providence or Grand Bahama, added Mr Rolle. The type of technical assis tance that may be offered could include: help with complying with certification processes in areas such as san itation, packaging and quality; enhancing operations to increase productivity and/or advice on improving management in areas such as strategic planning, marketing ande xport sales. B usinesses eligible for par ticipation must have been in operation for at least three years and have annual sales of over $200,000. More information can be accessed by calling the Chamber at 3222 145, or going to the organisations website at www.thebahamaschamber.com.Appli cations are to be made avail able online at the website shortly. C M Y K C M Y K BUSINESS THE TRIBUNE TUESDAY, DECEMBER 7, 2010, PAGE 3B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM 7KH0LQLVWU\RI1DWLRQDO6HFXULW\ZLVKHVWRDGYLVHWKDWZLWKHIIHFWIURP'HFHPEHU WKH5R\DO%DKDPDV3ROLFH)RUFHZLOOFRPPHQFHVWULFWHQIRUFHPHQWRIWKHVHDWEHOWODZ 7KHXEOLFLVUHPLQGHGWKDWHFWLRQ&f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f$ OO SHUVRQVKDYLQJFODLPVDJDLQVWWKHDERYH QDPHG&RPSDQ\DUHUHTXLUHGRQRUEHIRUHGDWHG RI'HFHPEHUVHQGWKHLU QDPHVDGGUHVVHVDQGSDUWLFXODUVRIWKHLUGHEWV DQGFODLPVWR0U7KRPDV7UHYRU'HDQ3) )UHHSRUW*UDQG%DKDPD,VODQG7KH %DKDPDVWKH/LTXLGDWRURIWKH&RPSDQ\RULQ GHIDXOWWKHUHRIWKH\PD\EHH[FOXGHGIURPWKHE HQHRUDQ\GLVWULEXWLRQPDGHEHIRUHGHEWVDUH SURYHG'DWHGWKHWKGD\RI'HFHPEHU 7KRPDVUHYRU'HDQ /LTXLGDWRU Export plan could benefit 40 firms Every reason for 8-10% shipping registry growth F ROM page 1B

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C M Y K C M Y K BUSINESS PAGE 4B, TUESDAY, DECEMBER 7, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Dionisio DAguilar, chairman of BISX-listed AML Foods, w hich owns the Town Centre Mall Cost Right store hit by armed robbers on Saturday evening, told Tribune Business that many in the private sector were scared ****less at the prospect of being targeted by armed criminals in the run-up to the Yuletide season,a dding that the weekends events indicated that criminals were becoming increasingly bold. Pointing out that Bahamian businessmen could do little other than equip their establishments with Closed Circuit Television Cameras (CCTV d oor, Mr DAguilar said: The criminals are showing this does not phase them one bit. Right now, the only solution is to put cops on the ground with guns. They needt o put as many police on the ground this season. They need to flood the commercial areas with officers. Get them out of the offices and the station, and get them on the ground and in the field so theres a very v isible presence. They know where the hot spots are. Asked about whether he thought the Bahamas should allow trained, licensedp rivate security firms to carry firearms, Mr DAguilar described that as being a major, huge shift for us. On this question, he added: Im not there yet, but Im getting there fast. It may deter someone robbing t he place, but equally it may result in someone shooting people. Again urging the police to maintain high visibility with roadblocks and numerous officers on the streets, in the hope this might d eter some would-be robbers, Mr DAguilar, who is also president of Superwash, the laundromat chain hit five times by armed robb ers in 10 days recently, said: I think everybody is scared ****less. Its damn scary out there, scary as hell. Everybody is hoping and praying not to get hit. They only thing they can do is rely on the Royal Bahamas Police Force. Businesses have to make it as unattractive as possible for them t o be robbed, and the only way is to minimise the amount of cash they hold. If youre going to get hit, its best to limit the cash youh old. Between now and going to your grave, you have to limit your losses. M r DAguilar described the robbers who hit the Cost Right store at the Town Centre Mall as pretty bloody bold, given that it was 6pm on the peak trading day, with numerous persons around. Armed robbers, he said, usually liked to avoid targets where therew ere numerous persons present. It indicates theyre getting pretty bold, Mr DAguilar said of events at the Town Centre Mall on Saturday, pointing out that the r obbers targeted Nassaus second busiest shopping centre on its busiest day in the run-up to Christmas. Weve got to be vigil ant. ARMING SECURITY GUARDS: I AM GETTING THERE FAST FROM page 1B DIONISIO DAGUILAR uidators have determined that Mosaic owns a 51 per cent controlling interest in Premier Real Estate Investment Cor poration, a publicly-traded Bahamian income trust which owns commercial real estate in the Bahamas. The Mosaic joint liquida tors are continuing their efforts in selling the interest, while collecting Premiers div idends. The Mosaic joint liq uidators are marketing the controlling shares of Premier Commercial Real Estate Investment Corporation. Negotiations with a prospec tive purchaser to date have not proven fruitful. Tribune Business revealed in January 2010 how the 51 per cent equity stake in Pre mier Commercial Real Estate Investment Corporation was predicted to be the best source of recovery for the mainly-Canadian investors in the Olympus Univest structure, who are likely to recover just 3.69 per cent of their investment. At that date, Mr Massi and Mr Culmer have recovered Cdn$11.495 million out of the Cdn$17.392 million forecast from Mosaic Composite. These funds include a Cdn$7.813 million investment in another investment fund; Cdn$.1053 million in claims from two Bahamas-based liquidations; and Cdn$730,000i n interest and tax refunds. And a further Cdn$1.899 million had been received in dividends Premier Real Estate Investment Corporation, which is a mutual fund that owns Freeport's FirstC ommercial Centre and two p roperties owned by the Coca-Cola producer in both Nassau and Freeport. The val ue of Mosaics shareholding in the BISX-listed entity, though, was shown to have deteriorated from Cdn$6.38 million as at February 27, 2007, to Cdn$5.897 million as at September 30, 2009. Premier Real Estate was created by Hannes Babak, a former major shareholder in the First Commercial Centre, and the former Grand Bahama Port Authority chairman. He has nothing to do with the Olympus Univest sit uation, and has done nothing wrong in relation to it. Among Premier's founding directors, although he is no longer on the board, was Stephen Hancock, presidenta nd chief executive of Cardinal International, the exBahamian fund administrator for Olympus Univest, Mosaic and a number of other entities in the investment structure that was managed by Cana d ian-based entity, Norshield. M eanwhile, Messrs Culmer and Massi added that they were pursuing litigation against Mosaics current director, a Minnesota-based individual named Lowell Holden. Alleging that Mosaic was incorporated as a Bahamian International Business Company (IBC 1997, the duo claimed it was subsequently re-domiciled to Anguilla on March 4, 2005, before merging with a Minnesota company to become Mosaic US. Messrs Culmer and Massi said the placing of Mosaic Composite into liquidation by the Bahamian Supreme Court prevented Holden from hav ing the power to make loans, advances or incur expenseso n Mosaics behalf. They are alleging that Holden broke these Orders by making payments, on Mosaics behalf, to third parties worth at least Cdn$560,015 and US$795,722.S ome $10,000 of this, they a llege, went to a Bahamian law firm to compensate it for work done on Olympus Uni vests behalf. But, in denying their claims, Holden is alleging in a coun terclaim that the liquidators are holding assets and property worth more than $5 mil lion that belong to Mosaic (US Sale ef forts not fruitful for 51% BISX firm stake F ROM page 1B Kerzner International (Bahamas energy manager and director of emergency preparedness, Kevan Dean, was yesterday reluctant to put a figure on the savings accrued by Atlantis from the energy prog ram first initiated in 2001. However, based on more recent per kilowatt hour costs of between $0.27 and $0.33 cents, Tribune Business calculates such energy usage-reduction could amount to savings of at least $80 million and just shy of $100 million for the resort since the beginning of this decade, when the program was initiated. This does not take into a ccount the cost of implementing the energy conservation and efficiency programs and equipment. Mr Dean, who was brought in as an energy conservation manager for Kerzner International (Bahamas tries to be as energy conscious as we can. Asked whether he was aware of how the resorts approach to energy usage and effic iency compares to other Bahamas hotel properties, Mr Dean estimated that where others may rank at around a five for commitment to energy efficiency, Kerzner would be closer to an .5on such a scale. Speaking to the Bahamas Society of Engineers at their Engineering, Design and Construction conference on Friday, Mr Dean said energy accounting achieving a m ore specific breakdown of which parts of the resort use what quantity of energy, and how this fluctuates over time was a critical element of Atlantis move to become a more efficient energy user. So was affecting its employee outlook o n energy usage. To date, Mr Dean says awareness raising efforts through the hotels i n-house newsletter, seminars and games, along with the rise in employee focus on t his area as a consequence of feeling the effects of spikes in the cost of energy theyu se in their own homes, have resulted in an increased commitment to taking simple s teps such as turning off lights in unused rooms or shutting refrigerator doors in a timely fashion. However, it has been in the area of testing, maintaining and upgrading the resorts m assive electrical infrastructure that Mr Dean has been kept most busy. Pilot projects to test energy usage by certain categories of equipment in the r esort, and how this is improved through the implementation of upgrades to components or a particular maintenance program, have resulted in more widespread i mplementation of such measures. A heating, ventilation and airconditioning (HVAC Mr Dean undertook recently proved the success of replacing certain components w ithin some of the hotels air handling unit (AHU gy usage reductions of 12 per cent per unit, with enhanced motor efficiency, decreased d owntime and an extended machine life. T he pilot project led to the upgrading of 50 air handling units throughout phase one of the resort, and a further 25 should be finished before the end of this year. M r Dean also undertook a power quali ty project, which involved water pumps throughout the resort. U sing diagnostic testing equipment, Kerzner was able to determine whether motors were running optimally, and take simple steps to improve their output per unit of energy consumed. One of the things we look at is the alignment of motors. When a car is misaligned itw ears tyres down quicker. Its the same with motor equipment; if its misaligned i ts working harder to give the same output. There are maintainance-type corrections t hat can be made to improve efficiency, said Mr Dean. Among other steps taken by Atlantis to reduce its energy usage and power bill are: t he retrofitting of guestrooms with CFL lighting; installation of room occupancy sensors, and removing unnecessary light fixtures in certain parts of the hotel, such as l inen rooms and landings. We are always looking at new areas or, if things change and there is new technology, we may go back and make adjustments or implement new projects to improve e nergy efficiency. A case in point is with the next generation of lighting on the horizon LED. That will be the next move in certain areas where i ts applicable, although youve got to look a t getting the right technology for the right solution and application. It might appear to or even save you money, but it may not give you right light output or colour or t emperature and design, or work with your c ontrolling system, said Mr Dean. Overall, however, Mr Dean said it was n ot just energy-saving that drives Kerzner to make enhancements throughout the resort that result in conservation. Its got to make economic sense as well. An average project (to enhance energye fficiency) pays back in savings in two to four years on average, said Mr Dean. Butt here are changes you can make which will have a negative impact on your operations. Y ou have to make sure you find a solution that works for you. Upgrades slash Atlantiss air unit costs 12 per cent F ROM page 1B

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BUDAPEST, Hungary Credit ratings agency Moody's d owngraded Hungary's government bonds by two notches, citing worries about public finance policies and exposureto foreign financial shocks, such as the European debt crisis. Moody's Investor Service said it cut the rating to Baa3 from Baa1 just one step above junk category andk ept its outlook as negative, meaning more downgrades are p ossible in the coming three months. Hungary's currency, the forint, weakened by just over 1 percent against the euroa nd the U.S. dollar on the M oody's announcement, but later recovered slightly. Prime Minister Viktor Orban's center-right governm ent has committed to budget deficit limits set by the European Union but has resorted to unusual methods including special taxes on banks and energy, telecommunications and retail companies to reduce the deficit below 3 percent of GDP in c oming years. The government is also planning to fill budgeth oles with some $13.3 billion (euro10 billion o n private pension funds. ___ BERLIN Germany has reiterated its commitment to the joint European currency and Poland has stressed it still w ants to join it, despite the financial difficulties plaguing t he bloc. Germany's Finance Minister Wolfgang Schaeuble told the Bild daily that despite some German grumbling about European Union bailouts for Greece and Ire l and, no one is seriously considering abandoning the euro. T he euro lost about 10 percent in value through November as Irish economic woes weighed.The drop is actually a benefit for Germany's export-driven economy, making its goods cheaper abroad. Schaeuble also flatly rejected a two-tiered eurozone of more-stable and less-stable nations, saying "that would be infinitely more expensive than everything we're now doing for the euro." Polish prime minister Don ald Tusk, speaking through a translator alongside German chancellor Angela Merkel in Berlin, reiterated his country's determination to join the eurozone "as soon as we meet its criteria." ___ NEW DELHI India and France signed a multibillion framework agreement to build two nuclear power plants in India as French President Nicolas Sarkozy worked to drum up business for his nation and further strengthen ties with a rising Asian power. Sarkozy, one of a stream of world leaders coming here seeking lucrative deals for their struggling economies, proposed a "total partnership" with India in its growing needs f or civilian nuclear power. Areva SA, one of France's main nuclear power companies, will build two European pressurized reactors of 1,650 megawatts each a deal valued at $9.3 billion at Jaitapur in the western Indian state of Maharashtra. Several foreign governments have been courting India tog et a piece of the lucrative nuclear energy market as well a s other projects in a country that estimates it needs at least $1 trillion in infrastructure investment over the nextd ecade. President Barack Obam a and British Prime Minister David Cameron came in recent months, and the leaders of China and Russia are e xpected before the end of the year. The talks between Sarkozy and Singh also touched on plans for the struc-t ural reform of the international monetary system. France, which currently heads the G-20, wants India's sup port for its planned agenda t hat would call for limiting excessive currency volatility,c ontrolling swings in commodity prices and reforming g lobal fiscal governance. ___ LONDON European stocks mostly moved sideways as Europe's debt crisis loomed over markets, offsetting any o ptimism generated by Feder al Reserve chairman Ben B ernanke's suggestion that stimulus measures could be boosted. In Europe, finance ministers from the 16-nation euro zone gathered to discuss ways to sta bilize their currency union anda void more expensive bailouts. Two top officials called for the c reation of a new pan-Euro pean bond, while others will seek a boost to the bailout fund. Britain's FTSE 100 lost 0.4 percent to 5,770.28, while Ger many's DAX rose 0.1 percent to 6,954.38. France's CAC40 was down a bare 0.04 percent at 3,749.23. In Asia, Japan's Nikkei 225 lost 0.1 percent to 10,167.23. Exporters including automakers lost ground after a disappointing U.S. jobs report Fri day weakened the dollar, which would make Japanese exports more expensive abroad. China's benchmark Shanghai Composite Index gained 0.5 percent to 2,587.17. South Korea's Kospi fell 0.2 percent to 1,953.64, and Aus tralia's S&P/ASX 200 slipped 0.1 percent to 4,688.6. Benchmarks in New Zealand, Singa pore and Taiwan advanced. In currencies, the dollar was trading up 0.1 percent at 82.7 yen. It had hovered around the 84-yen line for most of last week before the U.S. jobs data was released. The euro stood at $1.329, off 0.7 percent on the day. ___ MADRID Spain may extend the emergency decree t hat ended a 24-hour air traffic controllers strike, the prime minister said, as flights returned to normal after a weekend of travel chaos that stranded hundreds of thousands of people. The "state of alarm" measure, used for the first time since Spain returned to democ racy in 1978, threatened jail t ime for controllers who refuse to work. It took effect Saturd ay for an initial 15 days and controllers started returning to work hours after it was announced. H undreds of flights were c anceled during the strike, which began Friday afternoon at the beginning of one of Spain's busiest holiday weeke nds and affected around 600,000 travelers. The strike was the culmination of a lengthy dispute with the gov-e rnment over working conditions. ___ HELSINKI Finnair cabi n crews rejected a mediated settlement in a labor dispute,e xpanding a strike that will ground hundreds more flights a nd affect tens of thousands of passengers. The weeklong strike was set to spread Tuesday to include transport union members who said they will support the action by halting fuel supplies t o the Finnish national carrier. During the strike Finnair h as managed to operate about 40 percent of its flights by leasing planes from other airlines and with "some" cabin staff who have reported for work despite the strike. More than 800 flights have been canceled s ince the strike began on Nov. 30. C M Y K C M Y K BUSINESS THE TRIBUNE TUESDAY, DECEMBER 7, 2010, PAGE 5B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM INSPECTION: A line worker inspects a Dodge Avenger on the production line at the Chrysler Sterling Heights Assembly plant in Sterling Heights, Mich., Monday, Dec. 6, 2010. Chrysler begins production of the Chrysler 200 sedan, a midsize replacement to the Sebring that is a key part of the companys revival. CEO Sergio Marchionne says nearly every part of the carhas been changed from the old model, which was derided for its poor quality. D EE-ANN DURBIN, AP Auto Writer STERLING HEIGHTS, Michigan C hrysler Group wants to show the world that it's serious about mid-size sedans. After years of disappointing sales, the company on Monday launched production of the r evamped Chrysler 200 which replaces the Sebring and the Dodge Avenger. The cars h ave a new look, new engines and hundreds of other changes designed to lure back customersw ho have fled Chrysler in recent years, scared off by its financial troubles and its reputation for p oor quality. Chrysler CEO Sergio Marchionne said the company spent $300 million revamping the cars. B oth go on sale this month, starting at just under $20,000. "The Chrysler 200 is the first step in rejuvenating the Chrysler brand," Marchionne told 1,200 workers at the suburban Detroit plant where the sedans are made. The company is so bullish about the new products that it plans to hire 900 more workers and add a second shift to the plant later this winter. Chrysler is aiming to be a true competitor in t he unforgiving U.S. mid-size car segment. The s egment is the largest in the U.S., accounting for nearly one in five vehicles sold last year, and it's t he home of perennial best-sellers like the Toyota Camry and Honda Accord. A look at economic developments and activity in major stock markets around t he world Monday: WORRYINGTIMES: A broker walks past t he main screen at the Stock Exchange in Madrid Tuesday Nov. 30, 2010. Investors are worried that Spain may need a bailout, and that the funds allotted for emergency aid may not be enough to help Spain if it should require aid. P a u l W h i t e / A P G LOBAL E CONOMIC N EWS A SSOCIATED P RESS CHRYSLER LAUNCHES NEW 200, AVENGER SEDANS P a u l S a n c y a / A P P h o t o

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C M Y K C M Y K BUSINESS PAGE 6B, TUESDAY, DECEMBER 7, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM NOTICE CANDYTUFT INC.In Voluntary LiquidationNotice is hereby given that in accordance with Section 138(4Business Companies Act. 2000, CANDYTUFTINC. is in dissolution as of November 16, 2010. International Liquidator Services Inc. situated at 3rd L I Q U I D AT O R______________________ NOTICE EUROCASTLE TRADING INC.In Voluntary LiquidationNotice is hereby given that in accordance with Section 138(4l Business Companies Act. 2000, EUROCASTLE TRADINGINC. is in dissolution as of November 11, 2010. International Liquidator Services Inc. situated at 3rd L I Q U I D AT O R______________________ NOTICE LYON BUSINESS LTD.In Voluntary LiquidationNotice is hereby given that in accordance with Section 138(4Business Companies Act. 2000, LYON BUSINESS LTD. is in dissolution as of November 29, 2010. International Liquidator Services Inc. situated at 35A Regent Street, P.O. Box 1777, Belize City, Belize is the Liquidator. L I Q U I D AT O R______________________ N OTICE Yanni Management LimitedIn Voluntary LiquidationNotice is hereby given that in accordance with Section 138(4Business Companies Act. 2000, Yanni Management Limited is in dissolution as of December 1, 2010. International Liquidator Services Inc. situated at 35A Regent Street, P.O. Box 1777, Belize City, Belize is the Liquidator. L I Q U I D AT O R______________________ N OTICE Mickey Management LimitedI n Voluntary LiquidationNotice is hereby given that in accordance with Section 1 38(4Business Companies Act. 2000, Mickey Management Limited is in dissolution a s of December 1, 2010. I nternational Liquidator Services Inc. situated at 35A Regent Street, P.O. Box 1777, Belize City, Belize is t he Liquidator. L I Q U I D AT O R______________________ C ALVIN WOODWARD, Associated Press WASHINGTON I t seems Washington is all ears these days. President Barack Obama says he'll take a great idea to fix the e conomy anywhere he hears it. The Republican leaders in Congress can't say enough how determined they are to "listen to the American people." OK. Here goes. We want less debt, lower taxes, more trade, less trade, "less talk and more walk," a brand n ew New Deal, a private sector renaissance, money for trains and roads, easier credit, a clampdown on CEO pay, more immigration, less immigration, government off our backs, a safer safety net, cheaper health care, the dismantling of Obamacare and how about somee nergy derived from burning algae? Plus a new tone in Washington. All in a New York minute. T he Associated Press asked people across the country to serve up their ideas to set the economy straight, a challenge underscored Friday when thej obless rate climbed to 9.8 percent, topping 9 percent for ar ecord 19 straight months. They answered in a cacophony of v oices, from the corporate office to the cafe. America is not just a tea party. It's a coffee shop in Texas, too. It's a union hall in NewY ork and it's Silicon Valley in California. __ T ALENT MAGNET In Menlo Park, Calif., ven ture capitalist Marc Andreessen, an online pioneer w ho co-founded Netscape Communications, said the "sin-g le biggest thing we could do to accelerate the economy by f ar is to increase immigration." "We have this bizarre paradox," he says, "where we have the world's best research uni versities, we have the smartest people who come from all over the world to come to study. T hey end up getting degrees in computer science, electrical e ngineering and chemical engi neering and then we kick them out of the country. It's just absolutely crazy. "If they were able to stay here to work for other companies and start other companies, w e would have so much more economic growth. It would be j ust amazing. What we are doing now is just completely self-destructive." The U.S. offe*****rs 65,000 visas a year for foreigners with advanced skills sought by U.S. companies, plus 20,000 visas for people who graduate from U.S. schools with a master's or higher in certain fields. Some comp anies complain the visas are n ot granted quickly enough. ___ COFFEE PARTIER If the U.S. goes begging for brainiacs, that means plenty of opportunity for people such as Ulises Aranda, 24, of the Dallas suburb of Farmers Branch. Heg raduated with a master's in mechanical engineering in Maya nd had no shortage of job offers. He chose to work for his f ather's engineering construction firm. To him, the econo my will grow if students pick the right fields and buckle down. There's plenty of jobs out there for engineering and sci-e nce majors," he said from the patio of Dunn Bros Coffee. But people aren't really graduating with those degrees. I spent my six years in college, working hard. I busted my butt and had no social life. Now I have a job." ___ CREDIT CRUNCH Larry Karel, 71, of Aventura, F la., owns a company that produces furniture shows around the country. He says the small businesses that exhibit at his shows are starved for loans. I never heard of so many companies that are putting theire xhibit fee on a credit card," he said. Without loans, busin esses can't create jobs and people can't buy and furnish new homes. "It's a vicious circle." ___ DOWN WITH FREE TRADE "I'm not a die-hard Democr at, die-hard Republican I'm a 'what-are-you-going-to-do?' die-hard," said Michael Walker, 54, of Corning, N.Y. He has taken a temporary leave as a p roduction worker at Corning Inc., the world's biggest maker o f glass for flat-screen televis ions, to work for the union. He says free-trade practices a nd outsourcing have devastat ed manufacturing, and the ripp le effects now are touching the public sector. Both political par ties, he said, "acknowledge they understand what's wrong but none of them want to do any-t hing with it." More than half of Corning's 2 4,500-strong payroll is now based outside the United S tates, he said. Walker sees economic decline affecting teachers, municipal workers and other public servants like never before. They've never quite understood this whole battle we've h ad in the private sector because they've never ever b een affected by a real down turn in the economy. You're having communities and states looking at denying benefits to community employees and state employees because you've eroded the tax base to a pointw here nobody can sustain themselves." T hat opinion is echoed in the North Carolina foothills of the Appalachian Mountains, where Scott Millar, 50, chief business recruiter for struggling Catawba County, wishes U.S.-made products could be given a strong tax advantage. "If you're going to expect j obs to be in America, you should buy American. Every c onsumer, in their purchasing habits, affects their own job. Ik now that's a little more diffi cult, probably, to buy a shirt t hat's made right here, but do your best." ___ UP WITH TRADE Honeywell is a $34 billion c ompany with 130,000 workers, half outside the U.S. It makes j et engines, the cockpit on the space shuttle, home ther mostats, equipment for refineries and much more. The AP asked Dave Cote, chairman and c hief executive, for ideas to expand the U.S. economy when h e was traveling with Obama in India, where the New Jers ey-based company employs 11,000. Trade works for both sides, Cote said. "The thing I can point to is that since the Phoenicians, 3,000 or 4,000 years ago, it works." As you grow everywhere," he said. "you start to add jobs. I n the U.S., for example, we've been adding employment over these last few months things have turned and we've actually started adding at the same time that we're growing globally. "So this is not a zero-sum game, and it's a tougher con cept to get across, but, God, it's American voices on making the economy move ULISES ARANDA in Dallas, Wednesday, Nov. 17, 2010. SEE page 7B ADAM GAYNIER poses for a portrait in in Dallas. Gaynier, 24, says it will take more than meetings to make people believe in their economic future again. "Less talk and more walk," is what he wants from government. INTERNATIONAL BUSINESS A P P h o t o / L M O t e r o A P P h o t o / L M O t e r o

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the truth." Yet Cote sees something even more important for the g overnment to do than to encourage the free flow of commerce. It relates to his work on O bama's bipartisan deficit commission, which produced a r eport Friday recommending $4 trillion in budget savings over a decade by curbing Social S ecurity, raising taxes and deeply cutting spending. That debt problem needs to be solved or the seeds of the n ext recession have already been planted," he told AP. "If t hat doesn't get sorted out, then almost nothing else we do is going to matter." He said: "People want to point to stimulus spending, B ush tax cuts, or Obamacare and blame that and thosea re all sideshows." ___ INNOVATION NATION In Durham, N.C., Bill Brown co-founded 8 Rivers Capital, a p rivate equity firm supporting a lab that is designing and test-i ng systems to make renewable energy from the burning of a lgae. The government has put money into the project. "The private sector has some things that would truly change the economy," he says. "Yet it n eeds government support right now." B rown says that when Presi dent Ronald Reagan successf ully pushed for a higher invest ment tax credit and hefty upfront depreciation allowances in the early 1980s, leading-edge businesses took o ff. "Without fostering this sort of innovation, we don't have a hope of using the productivity engine to get out of our currente conomic rut." ___ CALL A MEETING Indra Nooyi is chairman and CEO of PepsiCo., the New York-based multinational bev erage and food company employing 110,000 in the U.S. The Indian-born executive is one of the most powerful women in business. My dream would be that the president convenes existing or retired CEOs and says, 'Go to work and figure out how we prepare a long-term plan for the country so we can grow the country's manufacturing base,'" she said. "I think as a country we have to sit down and talk a bout the sectors that we want to create in the United States over the next 20-30 years I mean, almost a business plan for the country and then figure out how we're going to plan, fully invest behind these s ectors, so that we can actually get manufacturing jobs back to the United States and keep a base of employment going well i nto the future." ___ MORE WALK Bearded, blue-eyed and lean, D allas barista Adam Gaynier, 24, says it will take more than m eetings to make people b elieve in their economic future again. "Less talk and more walk," is what he wants from government. You've got to back up what you're saying with physical c hange that we can see. American people don't care about w hat we don't see. We care about the stuff we deal with on a day to day basis, buying groceries, having enough money to put gas in the car, the priceo f gas going up." But words and meetings matt er to Mark Peters, 53, who founded Piedmont Carolina N ursery in Colfax, N.C., in 1982, right after college. He employs 28 people. A registered independent, Peters says the economy would get a real lift if people were convinced that Obama and congressional Republicans were committed to working together. F rom that, he says, a real plan to grow the economy could be found. "More than anything right now, it's just having that confidence that everything's OK, and I'm not going to lose my job, and I'm going to be able to pay my bills." ___ Contributing to this report were AP writers Linda Stewart Ball in Dallas; Emery P. Dalesio in Raleigh, N.C.; Ben Dobbin in Rochester, N.Y.; Matt Sedensky in Miami; Michael Liedtke in San Francisco; Erica Werner in Mumbai, India; S uzanne Gamboa in Washington; and Corey Williams in Detroit. J IM KUHNHENN, Associated Press WASHINGTON President Barack Obama c alled Democratic leaders to the White House Monday in hopes of advancing a year-end bipartisan compromise to e xtend expiring tax cuts for all Americans and renew jobless benefits for the long-term unemployed. Some Democrats have comp lained that the White House was surrendering too much to the Republicans by agreeing to include the upper income in a ny tax cut deal. The White House also sought renewal of several other tax provisions that are expiring. These were initially includ-e d in the 2009 economic stimulus bill and include a tax credit for lowerand middle-class wage earners, even if they don't m ake enough to pay federal income taxes, breaks to offset college tuition and breaks for c ompanies that hire the unemployed. Obama signaled a looming deal during a speech in NorthC arolina Monday, saying he w ould cede ground in his positions to help Republican and Democratic lawmakers work out a deal. We've got to make sure we're coming up with a solution, even if it's not 100 percent what I want or 100 percentw hat the Republicans want," O bama said. Among those expected in the meeting were Vice President Joe Biden, House Speaker N ancy Pelosi, House Majority Leader Steny Hoyer, Senate Majority Leader Harry Reid and Senate Democratic whip Dick Durbin. A ll sides say a deal could be completed this week. An i ncreasing sense of urgency to complete the deal has set in at t he White House, which also wants the Senate to ratify a nuclear arms treaty with Russia. But time is running out for law makers in Congress' lame-ducks ession. The White House meeting w ith Democrats Monday was designed to identify what prov isions would have to be in the tax deal to win Democratic sup port. Questions remained about how many concessions Obama could extract from Republicans in exchange for extending current tax rates for high earners, a proposal he opposed. But witho ut action, lawmakers face the prospect of delivering a tax hike to all taxpayers at the end of the year, when the current rates expire and revert to higher pre2001 and 2003 levels. Negotiations between the O bama administration and a bipartisan group of lawmakers centered on a two-year extension of current rates. A t the same time, a jump in the unemployment rate to 9.8 percent is putting pressure on Republicans to accede to Pres-i dent Barack Obama's demand that Congress extend unemployment insurance for a year. GOP congressional leaders had o pposed an extension of benefits without cuts elsewhere in the federal budget. "I think most folks believe the recipe would include atl east an extension of unemployment benefits for those who are unemployed and an extension of all of the tax rates f or all Americans for some period of time," Sen. Jon Kyl of Arizona, the Senate's Republican negotiator in the talks, said Sunday. C entral to the deal, White House officials and Democrats said, is an extension of unemployment benefits. Without unemployment benefits being extended, pers onally, this is a nonstarter," said Sen. Dick Durbin of Illi-n ois, the second-ranking member of the Senate Democratic l eadership. Republicans have insisted that any extension of jobless aid be paid for with cuts elsewhere in the federal budget.T he White House opposes that, saying such cuts are economi-c ally damaging during a weak recovery. S en. Orrin Hatch, R-Utah, said Republicans would proba bly cede that point to the Democrats. "Let's take care of the unemployment compensation even if it isn't ... backed up by real f inances," Hatch said. "We've got to do it. So let's do it. But that ought to be it." About 2 million unemployed workers will run out of benefits this m onth if they are not renewed, and the administration estimates 7 million will be affected if the payments are not extend-e d for a year. Senate Republican leader Mitch McConnell on Sunday said discussions are still under w ay on a variety of unresolved issues. Any deal would require the approval of the House and Senate, and the president's signa-t ure. Obama told Democratic congressional leaders Saturday that he would oppose any extension of tax rates that did n ot include jobless benefits and other assistance his administration was seeking. The short-term tax and spending debate is unfoldinge ven as Congress and the Obama administration confront growing anxieties over the federal government's growing d eficits. A presidential commission s tudying the deficit identified austere measures last week toc ut $4 trillion from the federal budget over the next decade. T he movement toward a possible compromise came after Republicans blocked Democratic efforts in the Senate Saturday to extend the current taxr ates on all but the highest income levels. Republicans pre-f er extending all the tax rates permanently, but that cannot w in legislative approval either. Even if it did, Obama would be sure to veto. Durbin and Kyl spoke Sunday on CBS' "Face the Nation," while Hatch appeared on CNN's "State of the Union" a nd McConnell on NBC's "Meet the Press." C M Y K C M Y K BUSINESS THE TRIBUNE TUESDAY, DECEMBER 7, 2010, PAGE 7B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM he economy move (AP Photo/Wilfredo Lee LARRY KAREL 71, shown in his office, Monday, Nov. 15, 2010 in Aventura, Fla. LARRY KAREL 71, shown in his office, Monday, Nov. 15, 2010 in Aventura, Fla. FROM page 6B Democrats meet with Obama over tax cuts deal A P P h o t o / W i l f r e d o L e e

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ANDREW VANACORE, AP Business Writer NEW YORK The amount of money spent on advertising will continue to rebound over the next few years after a sharp drop during the recession, according to several new forecasts. The continued growth is a positive sign for the economy as a whole, suggesting businesses are feeling more confident that they can lure new customers. But the recovery in ad spending is not showing up across the board. Instead, forecasters expect advertisers will continue to shift dollars to the Web and away from traditional media such as newspapers. And, reflecting broader economic trends, they expect emerging economies to grow much faster than their developed counterparts. The key takeaway from the latest figures is the "continued rise of developing markets and digital media, and their central role in driving global growth," said Steve King, the head of ZenithOptimedia. Zenith, a forecaster owned by the ad agency Publicis Groupe SA, said Monday that global ad spending will end the year up 4.9 percent over 2009 at $449.7 billion. That's slightly better than the company's previous forecast of 4.8 percent. Zenith expects 4.6 percent growth in 2011 and 5.2 percent growth in 2012 and 2013. C M Y K C M Y K BUSINESS PAGE 8B, TUESDAY, DECEMBER 7, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM 127,&( 0$521(+2/',1*6/7' 3XUVXDQWWRWKH3URYLVLRQVRI6HFWLRQRIWKH ,QWHUQDWLRQDO%XVLQHVV&RPSDQLHV$FWQRWLFH LVKHUHE\JLYHQWKDWWKHDERYHQDPHG&RPSDQ\KDV EHHQGLVVROYHGDQGVWUXFNRIWKH5HJLVWHUSXUVXDQW WR&HUWLILFDWHRI'LVVROXWLRQLVVXHGWKH5HJLVWUDU *HQHUDORQWKH WK GD\RIRYHPEHU '(/$12$5$1+$ /LTXLGDWRU RI 0$521(+2/',1*6/7' 52wk-Hi52wk-LowSecurit y Previous CloseToday's CloseChangeDaily Vol.EPS $Div $P/EYield 1.261.00AML Foods Limited1.011.010.000.1500.0406.73.96% 10.759.67Bahamas Property Fund10.6310.630.000.0130.200817.71.88% 6.184.50Bank of Bahamas4.904.900.000.5980.2608.25.31%0 .580.18Benchmark0.180.180.00-0.8770.000N/M0.00% 3.492.70Bahamas Waste2.702.700.000.1680.09016.13.33% 2 .152.14Fidelity Bank2.172.170.000.0160.040135.61.84% 12.509.62Cable Bahamas10.4610.460.001.0500.31010.02.96% 2 .842.36Colina Holdings2.402.400.000.7810.0403.11.67% 7.005.40Commonwealth Bank (S1)6.856.850.000.4220.26016.23.80% 3 .651.63Consolidated Water BDRs1.811.820.010.1110.04516.42.47% 2.551.60Doctor's Hospital1.601.600.000.1990.1108.06.88%6 .995.94Famguard6.076.070.00-0.0030.240N/M3.95% 10.207.23Finco7.237.230.000.2870.52025.27.19% 1 1.408.77FirstCaribbean Bank9.399.390.000.6450.35014.63.73% 5.513.75Focol (S)5.465.460.000.3660.21014.93.85% 1.001.00Focol Class B Preference1.001.000.000.0000.000N/M0.00% 5.595.00ICD Utilities5.595.590.000.0120.240465.84.29%1 0.509.82J. S. Johnson9.829.820.000.9710.64010.16.52% 10.0010.00Premier Real Estate10.0010.000.000.9910.80010.18.00% 5 2wk-Hi52wk-LowSecuritySymbolLast SaleChangeDaily Vol. 99.4699.46Bahamas Note 6.95 (2029BAH2999.460.00 1 00.00100.00Fidelity Bank Note 17 (Series A) +FBB17100.000.00 100.00100.00Fidelity Bank Note 22 (Series B) +FBB22100.000.00 100.00100.00Fidelity Bank Note 13 (Series C) +FBB13100.000.00 100.00100.00Fidelity Bank Note 15 (Series D) +FBB15100.000.00 52wk Hi 52wk Low Symbol Bid$ Ask$ LastPrice DailyVol EPS$ Div$ P/E Yield BISX LISTED & TRADED SECURITIES AS OF:7% Interest 7%RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)29 May 2015 W WW.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-232019 October 2022 Prime + 1.75% Prime + 1.75% 6 .95%20 November 2029MONDAY, 6 DECEMBER 2010BISX ALL SHARE INDEX: CLOSE 1,482.75 | CHG 0.01 | %CHG 0.00 | YTD -82.63 | YTD % -5.28BISX LISTED DEBT SECURITIES (Bonds trade on a Percentage Pricing basis)Maturity 19 October 2017F INDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%30 May 2013 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%Last 12 Months %NAV 3MTH 1.51221.4076CFAL Bond Fund1.51225.11%6.79%1.490421 2.92652.8300CFAL MSI Preferred Fund2.91871.10%3.13%2.919946 1.56681.4954CFAL Money Market Fund1.56834.06%4.67%1.548897 3.20252.8522Royal Fidelity Bahamas G & I Fund2.8624-8.16%-7.49% 13.638813.0484Royal Fidelity Prime Income Fund13.56421.47%2.95% 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 19.74584.35%5.22% 11.236110.0000Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 210.6000-1.59%4.26% 10.00009.1708Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 39.5037-4.96%-4.96% 8.16434.8105Royal Fidelity Int'l Fund Equities Sub Fund8.16435.79%9.42% 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 7/11/200731-Oct-10BISX Listed Mutual FundsNAV Date 31-Oct-10 31-Oct-10 30-Sep-10CFAL Securities Ltd. (Over-The-Counter Securities)TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-752531-Oct-10 30-Sep-10 30-Sep-10 26-Nov-10 31-Aug-10MARKET TERMS31-Oct-10 NAV 6MTH 1.467397 2.911577 1.532712 107.570619 105.776543 30-Jun-10 31-Oct-10 31-Oct-10 31-Oct-10 NEW YORK A dispute between European leaders on whether to expand emergency support measures w eighed on the euro Monday, a ccording to Associated Press In late trading in New York, the euro fell to $1.3322 from $1.3375 late Friday. After sinki ng about 10 percent through most of November, the euro got a small bounce late last week because traders suspected t hat the European Central B ank increased the rate of its bond purchases to help calm debt markets. The U.S. government also r eleased a disappointing jobs report on Friday that hurt the dollar. Europe's woes offset conc erns about U.S. growth on Monday. Federal Reserve Chairman Ben Bernanke had said Sunday that the economy is still struggling to become" self-sustaining" without the government's help. He added that the Fed was willing to buy even more than the planned $600 billion in Treasury bondso ver the next eight months if necessary. The Fed is buying bonds in an effort to drive U.S. rates l ower to get consumers borrowing and spending more. Lower rates tend to weigh on a currency, and the dollar declined steeply from late sum-m er until a deepening debt crisis in Ireland focused investors' attention back on Europe. In November, the European U nion created a bailout package for Ireland, the second European country to receive emergency financing aid this year. Greece was bailed out inM ay. Investors are now worried that Portugal or even Spain may be next, and that the funds allotted for emergency aid may not be enough to help Spain if it should require aid. European officials argued M onday over whether to commit more money to help stabilize the euro. The euro bloc's president, Jean-Claude Juncke r, argued that a pan-European bond would boost confidence in the region and its shared currency. Germany, Europe's largest e conomy, weighed in against the bond and said the current bailout fund was big enough. In other trading Monday, the B ritish pound fell to $1.5721 from $1.5741, while the dollar dropped to 82.60 Japanese yen from 82.90 yen. The U.S. currency dipped to 1 .0041 Canadian dollars from 1.0045 Canadian dollars, but gained to 0.9815 Swiss francs from 0.9777 Swiss francs. SANDY SHORE, AP Business Writer Americans are getting a sour holiday surprise at the gas pump, w here prices are at the highest they've been in over two years. They may even hit a national average of $3 a gallon by January. A lthough supplies remain plentiful and gasoline demand has diminished since September, retail gas prices are rising because o il prices are at the highest levels since October 2008. The twoweek advance paused on Monday as benchmark oil for January delivery rose 19 cents to settle at $88.96 a barrel on the New York Mercantile Exchange. A stronger dollar kept prices in check for most of the session. Since oil and other commodities are priced i n dollars, a stronger dollar makes them more expensive for buyers who use other currencies. T he national average for a gallon of regular gasoline hit $2.951 on Monday, according to AAA, Wright Express and the Oil P rice Information Service. That's nearly 10 cents higher than a week ago and 32 cents more than a year ago. "The U.S. has never spent Christmas with a $3-a-gallon aver age price for fuel," OPIS said. It's the highest national average since Oct. 19, 2008, according to OPIS. Prices have risen 30 to 40 cents from year-ago levels in nearly half the states, and many motorists already pay $3 a gallon or more. F or example, prices range between $3.055 a gallon to $3.519 a gallon in Washington, California, Delaware and Maine. Drivers i n Nevada, Oregon, North Dakota, Illinois and Wisconsin, among others, pay between $2.96 a gallon and $3.027. Colorado, Wyoming, New Mexico and Texas have some of the cheapest pump prices, from $2.682 a gallon and $2.812 a gallon. If oil prices linger in the current range near $90 a barrel, the national average could reach $3 before the end of the year, sev eral analysts say. "We're within spitting distance right now,"s aid Stephen Schork, an energy analyst and publisher of The Schork Report. "Whether we get there by the end of the year or b y the end of January, as far as consumer's concerned, we're there already by a psychological standpoint." F or every penny the price at the pump increases, U.S. consumers pay an additional $4 million, according to Cameron Hanover energy analysis agency. On an individual basis, am otorist who bought 10 gallons of gas Monday, on average, paid about $3.20 more than a year ago. S chork expects energy demand to waver with prices between $2.90 a gallon and $3 a gallon. If oil reaches $100 a barrel, retail gas prices will be around $3.30 a gallon or higher, which would be a "significant obstacle" for motorists, he said. In other Nymex trading in January contracts, heating oil lost 1.17 cents to settle at $2.4757 a gallon, gasoline fell 1.04 cents to settle at $2.3417 a gallon and natural gas rose 13.9 cents to settle at $4.488 per 1,000 cubic feet. In London, Brent crude added 3 cents to settle at $91.45 a barrel on the ICE futures exchange. MATTHEW CRAFT, A P Business Writer N EW YORK The prospect of the Federal Reserve expanding its bond-buying program gave Treasurys a lift Monday. Fed Chairman Ben Bernanke said the bank could boost the $600 billion effort if the economy needs i t. In a taped interview with CBS' "60 Minutes" that aired Sunday night, Bernanke said the economic recovery is barely "self-s ustaining." He defended the Fed's $600 billion plan, which was launched last month a nd aimed at lowering long-term interest r ates. The 10-year note rose 46.8 cents in Monday afternoon trading. That pushed the yield down to 2.95 percent from 3.00 percent late Friday. Bernanke said another recession was unlikely but he also warned that persistently high unemployment remains a threat. The government reported Friday that theu nemployment rate rose to 9.8 percent in N ovember, a seven-month high. Bernanke said it could take four or five more years to c ut that rate in half. A common criticism of the Fed's prog ram, voiced by Republicans in Congress and many investors, is that it risks creatingo ut-of-control inflation. Bernanke responde d to the charge, saying he had "100 per cent confidence" the Fed could move q uickly enough to prevent that from happ ening. "We could raise interest rates in 15 minutes if we have to," Bernanke said. "So, there really is no problem with raising rates, tightening monetary policy, slowing the economy, reducing inflation, at the appropriate time. That time is not now." I n other trading Monday, the 30-year b ond rose 71.8 cents. The higher price nudged the 30-year yield to 4.27 percent f rom 4.31 percent late Friday. The twoy ear yield also inched lower, to 0.43 percent f rom 0.47 percent. Treasurys may lose ground in the coming d ays as the government adds more supply t o the market. The Treasury will auction $66 billion in new bonds this week, starting T uesday with the sale of $32 billion in t hree-year notes. (AP Photo/Paul Sakuma HOLIDAYHIGH: High gas prices on display at a Shell gas station in San Francisco, Monday, Dec. 6, 2010. Americans are gettinga sour holiday surprise at the gas pump, where prices are at the highest theyve been in over two years. Although supplies remain plentiful and gasoline demand has diminished since September, retail gas prices are rising because oil prices are at the highest levels since October 2008. RETAIL PUMP PRICES HIT 26-MONTH HIGH European debt crisis weighs on the euro INTERNATIONAL BUSINESS TREASURYS CHARGE HIGHER AFTER BERNANKE INTERVIEW Forecasters see continued recovery in ad spending

PAGE 16

DURING this festive season, many p e r s o n s w i l l b e o n t h e i r f e e t f o r e x t e n d ed periods. In preparation for the sea son's celebrations, many are cooking, bak in g a n d deco ratin g. T hen th ere a r e t h e s h o p a h o l i c s w h o d o n t r ea l i s e t h a t t h e y a r e i n f o r qu i t e a w or ko u t t he c o n s ta nt m ov in g f r o m s t o r e t o s t or e a n d s t a n d i n g i n c a s h i e r l i n e s f o r e x t e n d e d p e r iod s. Fi nall y th ere are th e part y goers who are more concerned about mixing and mingling, than their feet. Most people, and more so women, d o n t w e a r t h e p r o p e r w a l k i n g o r s t a n d ing gear for these activities. Instead of w e a r i n g a s u p p o r t i v e s a n d a l w h i l e c o o k i n g b a k i n g o r d e c o r a t i n g t h e y o p t to go bare feet or wear flat flip flops w hi l e s t a nd i n g f o r ho u r s o n t i l e d o r h a r d f l o o r s O n t h e o t h e r h a n d w e h a v e t h e s h o p a h o l i c s w h o w a n t t o sport the season's latest heels which a r e o b v i o u s l y i n a p p r o p r i a t e f o r t h i s exercise. Wearing improper footwear during the holiday season will only result in b l i st e rs c o rn s c al l u s es o r w o rs e h e el p ai n H e e l s p u r s h a s b e e n r e c o g n i s e d a s o n e o f t h e m o s t c o m mo n c a u s e s o f h e e l pain. Heel spurs occur when the long, fl at l igamen t o n t he b o tt om of th e f oo t de v e l o p s t e a r s t h a t c a us e i n f l a m m a tion. Injury, hard surfaces and poorly constructed footwear can account for this condition. C a l l u s e s a r e o f t e n f o u n d o n p r e s s ur e sen si ti v e part s o f th e fo o t, su ch as under the ball of the foot or under the b i g t o e j o i n t T h e y c a n b e s o r e a n d e v e n p a i n f u l m u c h l i k e h a v i n g a p e b b l e un d e r y ou r f o ot C a ll u s e s a r e s o m e ti m e s s i g n of f oo t im ba la nc e or o f a m o r e se r i o u s p r o b l em c o n c ea l ed i n s i d e the foot. C o r n s o n t h e o t h e r h a n d c o m e i n two forms, hard corns and soft corns. H a rd c orn s usu a lly st a r t a s r e d s kin followed by a coating of callus, which develops into a hard corn. Most hard corns develop on the side of the little toe, but are also found in other places w h e r e t h e r e i s s t e a d y p r e s s u r e a n d a b r a s i o n Ha r d c o r n s a r e a l m o s t a l w a ys caused by shoes of the wrong size or s ha p e or f i t. O n t he ot he r h a nd t he soft corn is always found between the web of the toes, usually between the f o u r t h a n d f i f t h t o e s A s o f t c o r n i s w hi te a nd d a m p. It c a n a ls o be v e r y p a i n f u l I t i s c a u s e d b y a c o n s t a n t s q u e e z i n g t o g e t h e r o f t h e t o e s a s a result of shoes too short or narrow at the toes. I w i sh to gi ve t h e fo l l o wi n g a d vi c e t o readers this holiday season: 1. A s u p p o rt i v e f l i p f l o p l o af e r o r ev en running gear combined with a proper l y d e s i g n ed f o o t b e d w i l l p u t yo u r f o o t in its natural position for walking and standing this holiday season. 2 P a r t y go e r s s h o u l d c h o o s e s h o e s w i t h a r e a s o n a b l e h e e l h e i g h t o f 1 5 t o 2 i n c h e s L o o k f o r s h o e s t h a t p r o v i d e a m p l e t oe r o o m ( b e w a r e o f p o i nt e d t o e s t y l e s ) h a v i n g a b a c k s t r a p o r en cl o s ed b ac k T h e s am e h o l d s t r u e f o r me n wit h t he ex cepti on of heel h e i g h t. 3. If you are having trouble achieving t h e a p p r o p r i a t e f i t w i t h s h o e s y o u already own, take them to a local spe ci al t y f o o t w ea r st o r e o r P ed o r t h i c f a c i l ity and they can modify your shoes to fit your feet. 4 P ur c ha s e a s li m a r c h s upp or t t ha t yo u r s h o e can acco m mo d ate S p eci al ty f oot we a r s tor e s a nd P e dor th ic fa c il it i e s ha v e op t io ns t ha t w i ll fi t a l m os t any shoe. As t h i s i s my fi n al ar t ic l e t o en d 20 10, I want to wish you comfort and joy this ho l id ay s easo n! Rememb er wh en you r feet feel good so will the rest of your body! Until next year Happy Feet! B er n ade t t e D G i bs on a B oa r d C e r t i f i ed & l ic e n s e d P e d o r t h i s t i s t h e p r o p r ie to r o f Foot Sol ut i ons, a hea lt h and w el l ness fr an chise that focuses on foot care and prop e r sh oe fi t, l o cated in t h e S a ndy port P laza, Nassau. T h e v i e w s e x p r e s s e d a r e t h o s e o f t h e a utho r and doe s no t n ece ssaril y re pres ent t h o s e o f F o o t So l u ti o n s In c o rp o ra t e d o r an y of its subsidiary a nd/or af fil iat ed com p a n i e s P l e a s e d i r e c t a n y q u e s t i o n s o r c o m m e n t s t o n a s s a u @ f o o t s o l u t i o n s c o m o r 327-FEET (3338). F o o t h e a l t h t i p s f o r t h e h o l i d a y s h e a l t h C M Y K C M Y K WOMAN THE TRIBUNE TUESDA Y DECEMBER 7, 2010, P AGE 9B T O DISCUSS ST ORIES ON THIS P A GE LOG ON T O WWW .TRIBUNE242.COM B O D Y A N D M I N D B y B E R N A D E T T E G I B S O N FOOT SOLUTIONS T erritorial behaviour in dogs By DR BASIL SANDS T E R R I T O R I A L b e h a v i o u r i n d o g s r e m i n d s u s o f t h e i r w o l f l i k e a n c e s t o r s T h i s b e h a v i o u r i n c l u d e s d e f e n s i v e a n d o f f e n s i v e t e r r i t o r i a l a g g r e s s i o n t e r r i t o r i a l m a r k i n g ( u r i n e s t o o l s c r a t c h m a r k s e t c ) o r t e r r i to r i a l in v e s ti g a t io n Territorial investigation W h e n a d o g i n v e s t i g a t e s h i s territory it is crucial for their surviva l. By inve st ig at ing it s s u r r o u n d i n g s i t p r o v i d e s i n f o r m a t i o n r e g a r d i n g n a t u r a l r e s o u r c e s d e t e c t i o n o f i n t r u d e r s t h a t w o u l d c o m p e t e f o r f o o d a n d w a t e r o r t h r e a t en t h e s a f e t y o f y o u n g M a l e s t end t o e xpl ore large r areas than do females. Territorial marking D ogs c laim t h eir t erri to ry b y l eavin g dep osi ts o f u rin e o r s t o o l U r i n e m a y b e v o i d e d i n a c rouc hi ng p osit io n or a s ta n d i n g p o s it i on w i th a l if te d leg. Both males and females u r i n a t e i n e i t h e r p o s i t i o n t h o u g h v e r t i c a l s u r f a c e s (trees, lamp poles) are more o f t e n t a r g e t e d b y m a t u r e m a l es A d o g' s w al l a ro u n d t h e n ei g h b o u r i s e q u i va l e n t to the territorial patrol of its w i l d r e l a t i v e s ( w o l v e s e t c ) U n m a r k e d a r e a s a s w e l l a s previous traces of other dogs are marked by fresh deposits of urine or stool. A dog' s ter rit or y i nc lud es t h e a r e a s u r r o u n d i n g i t s h o m e a n d e v e n t u a l l y a n y w h e r e y o u r dog has explored. Territorial Aggressiveness T h i s m a y b e g i n a s a d o g a p p r o a c h e s s e x u a l m a t u r i t y a t 6 months of age, but may not develop fully until 3 years of a g e N o t a l l d o g s a r e b o r n w i t h e q u a l t e r r i t o r i a l i n s t i n c t s Many pet owners view terri tor ia l ag g r es s iv e ne s s a s de s ir a b l e A d o g t h a t i s p r a i s e d fo r barking when it is startled by noise outside may eventually b e c o m e a g o o d w a t c h d o g F o r t h e m o s t p a r t h o w e v e r u n l e s s the dog ha s s ome inb orn pre d is p o s i t io n i t m a y be d i ff ic u l t for the average pet owner to t r a i n a r e l i a b l e w a tc h d o g S t i l l t h e i n t i m i d a t i n g e f f e c t o f a la rg e do g' s s iz e m a y comp e nsate for it sociable nature. D o g o w n er s c a n u n i n t e n t i o n a l l y e n c o u r a g e u n d e s i r a b l e t e r r i t o r i a l b e h a v i o u r B ar k in g an d o t h er f o r ms o f a g g r e s s i v e n e s s c a n b e r e i n f o r c e d b y a t t en t i o n e v en i f th e a tt e n t i on is n e g a t i v e s u ch as s col din g. T ole r ati ng ob je ct i o n a b l e b e h a v i o u r i s t h e same as encouraging it. Solutions I f y o u r p e t h a s b e c o m e a pr o bl e m te a ch i t t he l i mi ts o f ac cep t abl e b ehavi our Trai n yo ur dog to s it a nd sta y w hen a ny on e i nc lud in g y ou e n te rs or leaves the home. If neces sary use a leash during train i n g T e a c h i n g y o u r d o g t o a s s um e a ca lm a n d c on tr o l le d a tt it ud e r e in fo r c e s i ts s u bm i s sive rank. The dog will grad ually understand that it need n o t d e f e n d a g a i n s t o r f e a r v i s i t o r s T e r r i t o r i a l d e f e n s e i n males is not affected by cas t r a t i o n t h o u g h t h i s m a y reduce the size of their terri to r y a n d th e f r e q ue n c y o f t e r ritorial marking. Other types o f ag g r e s s i o n i n f l u e n c e d b y s e x u a l h o r m o n e s h o w e v e r m a y c o n tr i b u te to t he i nt e n s i ty of territorial aggression by a dd i ng t o t he d o g' s mo t i vation or to its general state of a r o u s a l L o o k f o r s i g n s o f i n f e c t i o n W i t h s u r g i c a l p a t i e n t s y o u s h o u l d a l w a y s follow closely any post-oper a t i o n i n s t r u c t i o n s g i v e n t o y o u by your veterinarian. By ALESHA CADET Tribune Features Reporter C HRISTMAS comes early this year for Sister Sister and Reach as the organisers of Strut for Life recently donated ten thousand dollars to the Breast Cancer Support Group and an additional ten thousand dollars to Reach, the Autism support Group. Th e S tru t fo r Lif e or gan i s er s als o p res ent ed a c heq ue fo r ten th ou san d d ollar s to DeC os ta Beth el, the p ast pr e si d e nt o f Re a ch w ho h a s a n a ut i s tic so n and a d aug hter w ho at tend s Y od eph y, T h e o r g a n i s e r s o f S t r u t f o r L i f e a n d Y od eph y pa rtn ers P hyllis Ga rr away and D ebbi e G eea r Bet hell rai sed the tw ent y t hou sa nd d ollar s by walk ing 60 m iles in Lo ng I s l a nd over a th ree d a y p e r i o d i n t h e m u c h p u b l i c i s e d S tru t for Life fu ndr ais er. Th e walk was on e of sever al ac tiviti es organi sed by Yodephy i n its c el eb ra tion of Y od eph y's 2 0th a nniv ersa r y T he d a n ce a n d m o de l i n g a g e nc y with an enro l lment of over four h und r e d c h i l d r e n is l o c a t e d o n T o p o f t h e Hi ll Ma c key Street, next door to S a t e l l i t e B a h a m a s i s o v e r t w e n t y year s old "The in sp iratio n fo r St ru t f or Lif e ca m e be cau se Y od eph y h as mo th ers a nd ha s had ma ny m othe rs who have ha d or h ave b re as t c a nc er o ve r th e p as t t w en ty y ea rs a nd s i mi l a rl y so me of tho se mo ther s als o have c hild ren w h o h a v e a u t i s m M r s G a r r a w a y said H e l en Ro ll e S is te r Si st er se cre ta ry said the ch equ e "r eally mean t a lot to her as s he r ec eived the d on ation on b eha lf of th e Sis ter S iste r Br eas t C an c e r S u p p o r t Gr o u p "I t s a y s t o m e t h a t w e a r e a b l e t o h e l p t h o s e u n f o r t u n a t e w o m e n o u t t h e r e w h o ca nno t a ffor d a p or t(a dev ice plac ed i n s i d e a c a n c e r v i c t i m t o d i s p e n s e m e d i c a t i o n r e g u l a r l y ) T h o s e w h o ca nno t affo rd th e f irs t s tep o f t reat m en t on the ir road to re cove ry," Mrs Ro lle said M r s G r e e r B e t h e l l a d d e d : W e h a v e a m o t h e r w h o i s a r e c o v e r e d br east c an c er p atient who was plan n i n g t o p a r t i c i p a t e i n t h e S u s a n Ko men "R ac e for the C ur e" walk in th e S t a t es s o w e as k e d w h y g o t o t h e S t a t e s ? W h y n o t d o i t h e r e ? H o w ev e r w h e n w e s t ar te d w a lk i n g an d t r a i n i n g t h e r e w e r e s o m a n y c l o s e c a l ls w it h c a r s a n d j it n e y s t h a t w e de cid ed it wo uld be bett er t o d o it in Lo ng I slan d with on e str aigh t ro ad, s he exp lained T h e g r o u p h a d l o t s o f a s s is t a n c e f r o m L o n g I s l a n d e r s O v e r t w e n t y on e peo ple walk ed and as sis ted w i t h th e d rivin g of th e c ar s. Th e s tud ent s f r o m M a n g r o v e B u s h P r im a r y a ls o pa rtic ipa ted b y w alkin g a m ile. "A lo t o f per s on s in Lon g Is lan d h a v e g o t b r e a s t c a n c e r t o o M r s G ree r -B ethe l l sa i d. "O ne of t he p ers ons o f th e s up po rt v ehic les had los t he r moth er to br eas t c an c er too s o s h e w a s h a p p y t o p r o v i d e u s w i t h a n y th ing we n eed ed. Sh e r all ie d up oth er s to help u s and it was r eally won de rfu l," s he s aid. Support C or po r ate B ah amas als o st ep pe d i n t o l e n d t h e i r s u p p o r t M r s G a r r away said "Do nat ions a re still c oming in and are still welc o m e We ar e sti l l se ll in g pi ns, aut ism bracel et s and T s h i r t s " I t s a j o y t o d a y t o r e c e i v e t h i s c h e q u e w h e n t o d a y w e h a d t w o yo un g females b oth thir ty s ix year s o l d n e e d i n g s u r g e r y a n d n e e d i n g por ts ," sa i d Nu rse C ha rl e ne McP he e, c o f o under of the Si s t er Siste r Br e ast C anc er Sup po rt Gr ou p. Both women are yo ung mo ther s w ith c hildr en w ho we re no t able to afford the po rts b e c ause they a r e not w or kin g. S o, it's mar velou s to kn ow t hat th er e are c o rp or ate c ompa nies l i k e Y o d e p h y a n d t h o s e w h o s u p por te d St rut f or L if e d ona t i ng t o Si s t er Sis ter s o we c an g i v e th em n ew p o r t s s o t h a t t h e s e w o m e n d o n t h a v e t o hav e t wo s ur gerie s, sh e said T h e S i s t e r S i s t e r B r e a s t C a n c e r s up po rt gro up aro se ou t o f th e mult i p r a c t i c e o f f i c e s o f T h e S u r g i c a l S uite at Cen ter ville M ed i c al Cen tr e, C o l li n s Av e n u e I t w as c o f o u n d e d b y c ert ified lap ban d d oc to r C har les D i gg i s s C M O o f D o c to r s H o s p i t a l a nd P re side nt of th e Med N et Gro up o f Co m pan i es, D r Loc ksley Munr oe, S outhern Co m munity G ener a l Cl ini c a n d Nu r s e C h a r l e n e M cP h e e M a n a ger o f the S ur gic al S uite Th e Su rg i c al S uite is a member of t he M edN et Gr ou p of Co mpan ies R ea c h is lo c at e d i n P al md a le o ff M ad eira, next d oo r to Mc Don ald's T h e p r e s i d e n t o f R e a c h i s M a r i o C are y o f Mar io C arey R eal Es tate. Strut for Life donates over $10,000 each to Sister Sister and Reach PHOTOS FROM LEFT TO RIGHT: Helen Rolle, secretary of Sister Sister, Nurse Charlene McPhee, co-founder of Sister Sister and Surgical Suite manager Phyllis Garraway, partner, Yodephy and Strut co-organiser, Debbie Geear-Bethell, partner Yodephy Strut co-founder, and DeCosta Bethel, past president, Reach.

PAGE 17

G ardeners love Decem ber. Grass is growing very slowly and needs little attention, the weather is cool for working and weeding, and the vegetable plots are producing. Early bearing crops such as snap beans, chard, lettuce, spinach, Chi ne s e c a bb a g e c uc um b e r a nd s qu a s h should alr ea dy h av e g ive n a ha rve st o r t w o w h i l e b e e t s a n d c a r r o t s a p p r o a c h t h e h a r v e s t i n g s t a g e To ma toe s tha t w er e ma tu re e no ug h to have flowers at the end of Octo ber have now set fruit and will bear i n m i d D e c e m b e r i n t i m e f o r C h r i s t m a s A w o n d e r f u l t i m e o f y e a r indeed. We must remember that our gar d en p ro d uc t i on w i ll be ep h eme ral u n le s s w e ta ke m e a s u r e s to k e e p t he crops coming. Most vegetables can b e r e s o w n e v e r y m o n t h o r s o S w e e t peppers should last throughout the year and eggplants may need only one more planting. I wou ld r ec om me nd a t l e as t t hr ee s o w i n g s o f c a r r o t s T h e y a r e t r u e 120-day crops and it is satisfying to have young plants on the way while we enjoy the first fruits. N o w t h a t t h e w e a t h e r i s c o o l e r we c an st art I rish p ot at oes. It is di f fi cu l t t o ob ta in t ru e s e e d po ta to e s b ut h ea l t hy sp ec i m en s w i t h e yes f ro m th e f o o d s t o r e d o w e l l e n o u g h C u t a p o t a t o i n t o w e d g e s e a c h w e d g e w i t h a p r o m i n en t e ye D i p e a c h i n t o a we a k s o l ut i on of b l e a c h ( 1 0 1 w a t e r / bleach) and allow to dry. The potato pieces produce roots from the cut area and new potatoes ar e f or med ab ove. Th is m eans w e m u s t b u r y t h e s e e d p o t a t o q u i t e d e e p l y f i v e o r s i x i n c h e s b e l o w ground level. The soil beneath the c utt ing should be light ly f e rt ilised. T he ho l e c a n b e l e ft o pe n a n d a s t he stalks grow, they can be lightly cov e r e d u n t i l t h e g r e e n e r y i s a b o v e ground level. The soil can then be m o u n d e d a r o u n d t h e b a s e o f t h e plant. P o t a t o e s a r e r e a d y f o r d i g g i n g w h e n t h e p l a n t f l o w e r s a n d t h e n d i e s ba c k Y ou r p ot a to e s ma y be s ma l l e r than you are normally used to buy ing but will have exquisite flavour. Ma ny people value small pot atoes more than large ones. C a b b a g e s a n d t h e i r k i n c a u l i f l o w e r b r o c c o l i B r u ss e l s s p r o u t s etc. are gross feeders and should h a v e s m a l l s i d e d r e s s i n g s o f f e r ti l i s e r applied while they grow. There is a limit to this, however. A gardening friend from Cherokee Sound, Aba co t ol d me th at last year h e gr e w c a u l i f l o w e r t h a t b o r e f o u r f o o t l e a v e s and b roc c ol i th at gr ew t o six f eet b u t n e i th e r c ro p p r od u ce d a n y f l ow e r i n g h e a d s T h i s f a i l u r e w a s n o doubt caused by over-fertilising. R i g ht a b ou t no w y o u s h ou ld ha v e a good idea of how your flowering gardens will look for Christmas. If y o u a r e n o t h a p p y y o u c a n g o t o y o u r f a v o u r i t e n u r s e r y a n d b u y s e ed l i n g s o r a d u l t p l a n t s t o f i l l i n any gaps. It is usually in December that nurseries receive shipments of N e w G ui ne a im p a tie n s T he s e o fte n h a v e v a r i e g a t e d l e a v e s a n d a r e at t ra ct i ve e ven w h en t h ey a re n ot flowering. They like shade but can t ak e mo re s u n t h an r egu l ar i mp atiens. I f y o u h a v e p l a n t e d C h r i s t m a s p o i n s e t t i a s i n y o u r g a r d e n i n t h e p a s t they should be ready to flower and gi v e a f e st i ve d i s p l ay S o m e t i m e s h o m e p o i n s e t t i a s b l o o m a f t e r C h r i s t mas but will continue doing so until after Easter. Although grass may not be grow ing fast, it is still growing and needs to be fe r til is e d wi th hig h ni tro g en in or d er t o ke ep t h e c o lo u r r ic h an d d ee p W a t er t h e l a w n w el l b ef o r e a p p l y i n g t h e f e r t i l i s e r a n d t h e n w a t e r l ig h tl y a g a i n. S t A ug u s tin e g r a s s ca n take a great deal of neglect but also rewards good treatment. gardenerjack@coralwave.com C M Y K C M Y K WOMAN P AGE 10B, TUESDA Y DECEMBER 7, 2010 THE TRIBUNE T O DISCUSS ST ORIES ON THIS P A GE LOG ON T O WWW .TRIBUNE242.COM By GARDENER JACK GREEN SCENE December PRETTY IN PINK: New Guinea impatiens have lovely flowers and interesting leaves. BIG EATERS: Members of the cabbage clan are gross feeders and need to be fertilised well. REWARDERS: If you planted poinsettias into your garden last year or the year before they will be giving their own special bonus for years to come. (AR A) M ar tin McG owan wa s a healthy, athletic 15-year-old with a passion for baseball. After his high s ch oo l b a s e ba l l tr y o ut s in e a r l y F e br ua ry 20 05, M ar t in w as ex ha us t ed and said his legs hurt from running. He w e nt to bed an d at 2 .30 a m that mor nin g, M ar tin' s m othe r aw oke to hear her son vomiting in the bath r o o m H e h a d a f e v e r o f 1 0 2 d e g r e e s M a r t i n s s y m p t o m s p r o g r e s s e d t h ro u gh o u t t h e m o r n i n g, w i t h t h e p a i n i n h i s l e g s w o r s e n i n g H i s m o t h e r c a l l e d t h e d o c t o r w h o r e c o m mended either an appointment for later that afternoon or to take Mar tin to the emergency room. Martin said he needed to go to the emer gency room. On c e a t t he h o s pi ta l M a r ti n' s li p s w e r e s o w h i te th e E R d o c t o r a d m i n i s t e r e d i n t r a v en o u s f l u i d s M a r t i n t es te d po si ti ve f or i nf l uen z a. A s a r e s u l t o f t h e i n f l u e n z a d i s e a s e a t t a c k ing his muscles, he developed com part me n t syndrome, w hich li mited his blood circulation in his legs and caused severe pain. T h e do c to r s e x p l a i n e d t o M a r t i n' s m o the r th a t h e wo u ld n e e d a n op e r a t i o n a s s o o n a s p o s s i b l e I f t h e b l o o d f l o w i n g t o M a r t i n s l e g s c e a s e d f o r a n e x te nd e d pe r iod o f ti me the y m ig h t have to amputate his legs. D u r i n g t h e s u r g e r y M a r t i n s h e a r t s to ppe d be a ti ng S hor tl y a fte r M a r t i n d i e d o f c o m p l i c a t i o n s f r o m influenza, merely 24 hours after his f i r s t s y m p t o m s a p p e a r e d M a r t i n h a d not been vaccinated against the flu. After Martin's death, his mother, D i an e Mc Go w an j o i n e d F am i l i e s F i g h t i n g F l u t h e o n l y n o n p r o f i t o r g a n i s a t i o n m a d e u p o f f a m i l i e s w h o h a v e e x p e r i e n c e d f i r s t -h a n d t h e d e at h o f a c h i l d d u e t o t h e f l u o r have had a child experience severe medical complications from the flu. Th e f l u i s a s eri ou s di sea se t hat s p r e a d s v e r y e a s i l y I t c a n c a u s e m i l d t o s e v e r e i l l n e s s a n d c a n l e a d t o death even among healthy, older children. According to the Centers for D ise a se Contr ol a nd Pr ev en tion ( C D C ) a n n u a l v a c c i n a t i o n i s t h e sin gl e b es t wa y to pre v en t influ enz a in people of all ages. "W e sh ou ld h ave got t en Mar t in va cci nate d, s a id M cGow an. No w, I can on ly h ope that his sto ry w ill b e a n e n co u r a g e m e n t fo r ot h e r f a m ilies t o get their children va c cina t ed every year." During the 2009-2010 flu season, t h e C D C e s t i m a t e d t h a t 2 7 4 0 0 0 p e o p l e w e r e h o s p i t a l i s e d i n t h e U S f rom in fluenza more than 85 ,00 0 o f t h em w er e c h il dr en. Trag ic al ly, an est im at ed 1,20 0 c h il dren un der ag e 1 7 died f r om the flu la st se as on. "In developed countries, influen za kills more people than any other v ac ci n ep rev en t ab le d i sea se, sai d Jon Abrahamson, MD, chair of the Department of Pediatrics at Wake Fo re st U ni v e r s it y M e di c a l S c ho ol i n Wi n s to n Sa le m, N C a n d a m e d i c a l advisor for Families Fighting Flu. The truth about the flu: It's more serious than you think Martin McGowan

PAGE 18

By ALESHA CADET Tribune Features Reporter T HE Little Pink Party brings to women of all ages, a six hour field trip into the world of all things fashionable this holiday season as they invite you to The W Wonderland. T h is ma gi c al ev en t is sa id t o b e t h e m o s t c e l e b r a t e d s h o p p i n g e v e n t f o r Ba h am i an w om e n th is D e ce m be r it wa s d e s i g n e d a n d c o n c e p t u a l i s e d t o b e a weekend for girlfriends. H o s t e d b y t h e K h a n A a l i M e d i a Group, the Little Pink Party (TLPP) T h e W W o n d e r a n d wi l l b e a j o y o u s f e s ti v a l fe a t u r i n g d a y a n d n i g h t e v e n ts c h a r a c t e r i s i n g W h o W h a t W h e n W h e r e Women Want". The event will be held this upcoming S atu rday, Decemb er 11 at Th e W yndham Nassau Resort and Crystal Palace Casino, starting at 11 am to 5 pm. G o i n g f u r t h e r o n t h e T L P P T h e W Wo nde r l an d, o rg a n is e rs s a y i t is th e ul ti mate lady's day out featuring boutiques that offer gift items on everyone's wish li s t w i th li v e d e m on s tr a ti o ns o f t he la t e s t trends in fashion and holiday entertain ing. Kandice Hanna, principle creative of the The Little Pink Party told Tribune Woman that the party happens twice a year, a Spring Summer event and a Fall Winter Event. S he con t inu ed: "It al l began in May o f 2 0 08 t h e t h e m e a r o u n d t h a t ev e n t w a s c e n t e r e d a r o u n d t h e S e x a n d t h e C i t y m o v i e a n d i t g r e w i n t o a b i g g e r ev ent, We contacted t he Ca ncer S ociety to be apart of it. T h e W W o n d e r l a n d t h e m e i s a p a r t o f a week end cel ebrat ion of w oman hoo d an d al t ho u gh i t i s we lc om ed t o everyone, it is a celebration of all woman." M s Ha n n a e x p l ai n e d t h a t t h e Li t t l e Pi n k Pa r t y i s i n a i d o f t h e C a n c e r S o c i e t y with special attention to Breast Cancer. T h e r e a r e a l s o w o m a n g r o u p s t h a t w i l l b e a t t e n d i n g t h e p a r t y S u p p o r t o f t h i s n o b l e p r o s o c i a l c h a r i t a b l e c a u s e b e n e f i t s t h e C a n c e r S o c i e t y o f T h e B a h a m a s s h e s a i d T h e l i t t l e p i n k p a r t y i s a f a s h i o n a b l e o p p o r t u n i t y t o s u p p o r t t h e f i g h t a g a i n s t b r e a s t c a n c e r T h i s e v e n t i s a c o s t e f f e c t i v e o p p o r t u n i t y f o r v e n d o r s a n d s p o n s o r s t o g e t u p c l o s e a n d p e r s o n a l w i t h o v e r 1 5 0 0 h i g h l y t a r g e t e d 2 1 4 5 y e a r o l d f e m a l e s a c r o s s a l l k e y m a r k e t s I t s t h e s e l i v e s o c i a l n e t w o r k s o f g i r l f r i e n d s w h e r e b u z z a n d v i r a l m a r k e t i n g s t a r t s G u e s t s w i l l e n j o y d e l i c i o u s c o c k t a i l s a n d r e f r e s h m e n t s w h i l e s a m p l i n g f a b u l o u s p r o d u c t s s e r v i c e s a n d h o l i d a y i n s p i r e d c u i s i n e s T h e r e w i l l a l s o b e rea dy t o w ear f ash i on s a nd sp ec i al p er f o r m a n c e s o n m a i n s t a g e L o a d s o f g i v e a w a y s a n d b e a u t y i t e m s w i l l a l s o b e a v a i l a b l e i n t h e l i t t l e p i n k S w a g B a g T h e K h a n A a l i M e d i a G r o u p i s b r o u g h t t o y o u i n p a r t b y X P r e s s I t I n c N a u t i l u s B a h a m a s S u r g i c a l F i r s t A s s i s t a n t L t d L o w e s W h o l e s a l e a n d I A m I n f l u e n c e T h e r e i s a n e n t r a n c e f e e o f $ 5 C M Y K C M Y K WOMAN THE TRIBUNE TUESDA Y DECEMBER 7, 2010, P AGE 1 1B T O DISCUSS ST ORIES ON THIS P A GE LOG ON T O WWW .TRIBUNE242.COM (ARA) While the holiday season is on e of th e m o s t j o y o us ti m e s o f t he y e a r it can also be one of the busiest. Days ( a n d n i g h t s ) a r e f i l l e d w i t h s h o p p i n g co o k in g g if t w r a p p in g a nd o f co u r s e c e l ebrat ing a t holid a y part ies w ith f amily and friends. So wh er e ve r th e ho lid ay se a so n ma y t ake yo u, i t is al ways i mpor tant t o ge t ca ug ht lo ok ing y our ab so lu te be s t. Y o u d o n t w a n t t o b e c a u g h t o f f g u a r d w h e n y o u b u m p i n t o s o m e o n e w h i l e you'r e doing la stminute holi day sho pp i n g s a y s b e a u t y e x p e r t P o l l y B l i t z e r I f y o u m a k e a h a b i t o f u s i n g t h e r i g h t b e a u ty p ro du cts fr om br an ds wom en tru st I lo ve CO V ER GI R L, Pa nte ne Ola y a nd C l a i r o l y o u l l l o o k g o o d d a y o r n i g h t n o m a t t e r w h e r e y o u r e g o i n g a n d n o m a t t e r wha t y ou' re do ing N o w h e r e ar e s o m e m o r e t i p s f r o m P o l l y t o h e l p y o u g e t c a u g h t l o o k i n g g l a m o r o u s : U pd ate y ou r wa r dr obe wi th a fe w s im p le it ems fo r a n ew gl a m lo ok at e ac h gat her ing. St art w it h a sim pl e dres s (a ne w li ttle bla ck d re s s is us ua ll y th e m os t v e r s a t i l e ) a n d t h e n a c c e s s o r i s e w i t h s c a r v e s j e w e l r y s h o e s a n d h a n d b a g s On e dr e ss c a n b e wo rn to m a ny s oi re e s j u s t b y s w i t c h i n g u p th e a c c e n t s ; t h i s w a y y ou won 't ha v e to s pe nd a l ot of mo ne y on s e ve r a l outfi ts Puff ine s s a nd da r k cir cle s u nd er y o ur e y e s d o n' t mi x we l l w it h th e s t il e tto s a nd se qu ins y ou p la n to we a r t o the se a s on' s h o t t e s t p a r t y S o t r y O l a y R e g e n e r i s t Anti-A gi ng Ey e R ol le r to r e du ce un de r e y e p u f f i n e s s i n 3 0 s e c o n d s a n d l o o k f r e s h an d ra d ia nt a ll s ea s on l ong F o u n d a t i o n i s t h e f i r s t s t e p i n c r e a t i n g a f l a w l e s s l o o k s o m a k e s u r e t o p i c k a p rod uc t th at pro vides adequ ate co vera ge, b ut al so go es o n sh ee r. C OV ER GI R L s Si m p l y A g e l e s s F o u nd a ti o n p r o v i de s a f l a w le ss f i n i sh w i t h o ut se t t l i ng into fi ne lin e s a nd wr in kle s thr oug h out t he d ay It a l so goes on sh e er, making i mperf e c ti ons seem t o disappear w hile imp ro v ing sk in co nd itio n ov e r tim e Don 't sh ow up at the p ar ty wi th na ke d n ai l s h ea d o u t t o a s a l o n o r i n v i t e a fri e nd ov e r fo r a ma ni cur e S mo oth cu tic l e s, b u f f r o u gh n ai l ed g es mo i s t ur i se fr e qu e n tl y a n d p a in t th e m w it h a n e u tr a l col or tha t wil l w or k wi th ma ny o f y ou r hol ida y sty l es To e nsure you're n ot lookin g d r ear y l i k e t h e w i n t e r w e a t h e r d i a l u p y o u r ha ir 's co lou r an d s hi ne wi th C la ir ol Pe rfe ct 1 0 b y N i ce n Ea sy I t g iv e s h a ir hi g h gl os s, h ig h s hi ne a nd g or g eo us co lou r in jus t 10 mi nute s A n d f i n a l l y d o n t h i d e b e h i n d y o u r d r y fr i z z y l o c k s w h e n t h e ca m e r a s s ta r t f l a s h i n g. P an t en e P ro V Re s t o r e B e au t i f u l L e n g t h s S h i n e E n h a n c e R e p l e n i s h i n g Ma s k h as a n a dv a nce d for mu la to tr e at r o u g h d ul l h a i r a n d w il l l e a v e y o u r t r e s s es loo kin g a n d f ee l ing sm oo th an d si lk y. M o s t i m p o r t a n t l y d o n t f o r g e t t o t u r n o n y o u r b r i l l i a n t s m i l e a n d r o c k y o u r l o o k w it h c on fi de n c e e v e ry ti m e y o u w a l k ou t th e d oor s ay s B litz e r. For more tips on how to get caught looking glamorous this holiday season, go to www.musthaveits.com. Get caught looking glamor ous this holiday season BEST DRESSED: Wherever the holiday sea son may take you, it is always important to get caught looking your absolute best. T h e L i t t l e P i n k P a r t y w e l c o m e s y o u t o T h e W W o n d e r l a n d BONITA DESIGNS VENDOR LITTLE PINK BUSINESS: Guest socialise as they show off the swag bags. ALL SMILES: Kandice Hanna and members of TLPP.

PAGE 19

C M Y K C M Y K T H E T R I B U N E SECTION B HEAL TH: Body and mind T U E S D A Y D E C E M B E R 7 2 0 1 0 By JEFFARAH GIBSON Tribune Features Writer T he Ms Full Figured Beauty Pageant are on a continued mission to empower voluptuous women. S ince the ir in ce ptio n fiv e ye a rs a g o, t he b e a u ty o r g a n i s a ti o n h a s b e e n fa c e d w it h t he c h al len ge o f su pp re ssi n g t he i d e a t h a t t h e o n l y d e fi n i ti o n o f b e a u t y i s s l i m T h e y h a v e b e e n s u c c e s s f u l t h u s f a r M a ny l a d i e s w h o w e r e p r e v i o u s c o mp e t i t o r s s a i d t h a t t h e o r g a n i s a t i o n i s g r a d ua lly dispe lling the stigmas ass ociated w i th w e i g h t th a t e x i s t in t he Ba h a m a s C u r r e n t M s T e e n P l u s B a h a m a s b e a u t y q u e e n ( a p a g e a n t a l s o u n d e r t h e u mbr e ll a of Es te e m Pr od ucti ons ) Ja ckl yn Fr a ze r s a id tha t he r r e ig n s o far ha s b ee n l ife c ha ng i ng I fe e l tha t th e r ol e E s t e e m P r o d u c t i o n p l a y s i s o n e o f e x t r e m e i m p o r t a n c e b e c a u s e t h i s p a g ea n t w i t h i n i t s e l f p r o v es t h a t d i s cr im in a tion is no t a ba r ri e r th a t s hou ld e x i s t a n d I a l s o f e e l t h a t t h i s o r g a n i s a t i o n w o u l d p r o v e t o b e a n e x a m p l e a n d d re a ms com e tr ue U n d e r t h e t h e m e M e t a m o r p h o s i s : T he Ev ol uti on o f Be a uty the M s Fu ll Fi gu re d Ba h am a s Be a uty p a ge a nt wi ll g iv e tr uth to d re a m s a nd l ig ht to ima g in a t i o n a f fo r d i n g on e l a d y t he c h a n c e to b e c o m e M i s s F u l l F i g u r e d B a h a m a s 2 0 1 1 C u r r e n t l y t h e p a g e a n t i s i n t h e r e c r u i t m e nt s ta ge s a nd is s ee k ing to fil l s po ts l eft fo r s e ve n wor thy com pe ti tor s. Th e d ea d lin e for a p pli ca tio ns is th e e nd of D e c e m b e r As is s ta nds the re a r e ei g ht wo me n tr a ini ng for the b ig sh ow d own in n e xt y e a r Fe br u a r y Th e l a di e s ha v e s t a r te d tr a ini ng in mo de l a nd poi se da nc e, a nd fi tne ss w hic h will go o n unti l the y a r e o f fi c i a l l y l a u n c h e d a s co m p e ti t o r s t o t h e pu b li c H ow eve r i t i s n o t t oo l at e f or a ny lady that is intere sted in e nt e ring the pa g ea nt, sa id R a y ette M cD ona ld fo und e r a n d c hie f e x e cut iv e of E ste e m P r o d u c t i o n s T h i s y ea r p a ge a n t o r g a n i s er s h a v e i n t r o d u c e d t w o n e w s e g m e n t s t o t h e e v e n t C o m p e t i t o r s w i l l s t r u t t h e i r c u r v e s in a hi g h fa sh ion se g me nt a nd s ho w off t h e i r c r e a t i v e g e n i u s i n th e c o s t u m e s e g m e n t An d th e y ou ng l ad y cr ow ne d que e n w il l r e p r e se nt th e Ba h a m a s a t th e in te r na t io nal full f ig ure d pag ea nt S he will a l s o b e a w a r d e d w i t h $ 2 5 0 0 i n c a s h p r i z e s a s w e l l a s r e c e i v e d e s i g n e r s g o w n s A d d i t i o n a l l y t h e r e i g n i n g q u e e n w i l l p a r t ta k e in a p h ot o s ho o t wi th i n te r na ti on a l ph oto gr a ph er s i n Atla nta Ge o rg ia On to p o f th e pr iz es b e ing offe re d w o m e n s h o u l d e n t e r t h e p a g e a n t be c au se it i s for s e lf en ha nc em e nt. The or g a ns at ion p uts th e v oi ce b e hin d wha t t h o s e b e l i e v e a b o u t b e a u t y a n d we w a n t to le t pe r s ons kn ow tha t n o m atte r the s i z e t h e y t o o c a n f u l f i l l w h a t e v e r d r e a m s th ey ha v e ," sh e s ai d. E s t ee m P r o d u c t i o n s i s a B ah a m a s b a s e d m u l ti m e d i a p r o d u ct io n c o m pa ny f o u n d e d b y R a y e t t e M c D o n a l d w h o a l s o s e r v e s a s th e c om p a n y 's p r e s id e n t a n d c h i e f e x e c u t i v e o f f i c e r e s t a b l i s h e d i n 2 0 0 5 E s t e e m P r o d u c t i o n i s t h e B a h a m a s l e a d i n g o r g a n i s a t i o n t h a t i s f o c u s e d a n d c o m m i tt e d s o l e l y t o t h e e n h a n c e m e n t o f fu l l f ig ur e d w o m e n W e s e e k to p r o mo t e e v e nt s a n d i ni t ia ti v e s th a t e mp o w e r a n d u p li f t th e fu l l f i g u r e d w o m a n w h i l e e x p a n d i n g r e v o l u t i o n i z i n g a n d r e d e f i n i n g t h e c u r r e n t g l o b a l s t a n d a r d s o f b e a ut y M s M cD o n a l d s a i d I n a d d i t i o n t o h e r e x t e n s i v e w o r k w i t h E s t e e m P r o d u c t i o n s M s M c D o n a l d c u r r e n t l y s e r v e s o n t h e B o a r d o f D i r e c t o r s o f J u n i o r A c h i e v e m e n t a n d i s a n a c t i v e c o n t r i b u t o r t o t h e S u r r o g a t e A u n t P r o g r a m s a n d t h e B a h a m a s D iv is i o n G i r l G u i de s Sh e is a m otiv a tio na l s pe ak er a nd ha s a d d r e s s e d h u n d r e d s o f s t u d e n t s b y s p r e a d i n g h e r m e s s a g e o f e n c o u r a g e m e n t an d t h e im po rt an ce o f li vi ng t o on e's f ul l e s t po t e n ti a l F o r m o r e i n f o r m a t i o n c o n t a c t 3 9 3 2 4 5 8 o r e ma il e s t e e m p r o d@ g m a i l co m F A S H I O N I S T A S : M s F u l l F i g u r e d B a h a m a s S a s c h e n k a T h r u s t o n a n d M i s s T e e n P l u s B a h a m a s J ac k l y n Fr a z er st o p s f o r p h o t o g r a p h s at t h e re ce n t I s l an d s o f th e W o r l d F as h i o n W ee k DI V A: M o n a L i s a, 1 s t Ru n n e r u p 2 0 0 8 2 0 0 9 p o s es w i t h M i n i s t er De sm o n d B a n n i s t er PI C T U RE D A RE T H E 2 0 0 7 -2 0 0 8 M S F U L L F I G URE D C ON T E S T A NT S Ms Full Figured Beauty Pageant set to empower volutuous women




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SUNNY AND

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Volume: 107 No.14

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PLP group wants 4



NRA

TUESDAY, DECEMBER 7, 2010

AALS
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Segment in party
seeks addition
before election

By PAUL G TURNQUEST
Tribune Staff Reporter

pturnquest@tribunemedia.net

A SEGMENT within the
Progressive Liberal Party
has developed a draft sub-
mission calling for the cre-
ation of four additional seats
to be added to the current
complement of the House
of Assembly, bringing the
total number of seats in the
Lower Chamber to 45
before the next general elec-
tion.

Submitted as a draft pro-
posal, the paper outlines
that the Constitution of the
Bahamas requires that the
House of Assembly must be
comprised of no less than 38
members, and that the num-

ber of voters entitled to vote
for the purpose of electing a
Member of Parliament shall
as far as is reasonably prac-
ticable be “the same.”

It is against this backdrop
that the submission recom-
mends the creation of three
seats in Abaco, up from the
current two, maintaining six
seats in Grand Bahama, but
removing Bimini from West
End; creating a new seat for
Bimini and the Berry Islands
and creating three seats for
Eleuthera up from the cur-
rent two; maintain two seats
in Andros (less Bimini); cre-
ating two seats in Exuma,
creating one seat for Ack-
lins, Crooked Island, and

SEE page eight

Man killed in triple shooting

REPORTS reached The Tribune late last night of a triple
shooting on Abaco that left a man dead and two women injured.
The women were airlifted to a hospital in Nassau following
the incident which happened just after 6pm. A team of officers
from the Central Detective Unit are on their way from the

capital to assist their colleagues.

oe aa

TCT e Pe £
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Felipé Major/Tribune staff

SEE SECTION E



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

_ AMERICAN RAPPER
WAS ARRESTED,
RELEASED BEFORE
BAHAMAS CONCERT

AMERICAN rapper
“Young Jeezy” was arrested
and released by police hours
before headlining a highly
anticipated concert in west-
ern New Providence.

Police confirmed that the
Atanta-based rapper, whose
real name is Jay Wayne
Jenkins, was arrested after
an incident in Fox Hill, then
taken to the Wulff Road
police station for booking on
Saturday.

"He was here with us a
short while, he passed
through the station briefly

SEE page nine

TREE LIGHTING: Commissioner of Police Ellison Greenslade (left) turns the Christmas tree
lights on at the Christmas tree lighting ceremony held yesterday at the police headquarters.
The Royal Bahamas Police Force Combined Youth Band (above) provided entertainment.

TOURISM EXPERT RESPONDS TO

By NOELLE NICOLLS
Tribune Staff Reporter
nnicolls @tripunemedia.net

THERE are several
problems with the all-inclu-
sive model of resort devel-
opment in the Bahamas,
said a local tourism expert,
but not all of the criticism is
valid.

Perry Christie, leader of
the opposition, raised the
issue last week, in an Exu-
ma radio interview, when
he addressed local concerns
about Sandals Emerald
Bay.

Mr Christie said the gov-
ernment should investigate

the concerns of residents
about low wages and poor
“trickle down,” and exam-
ine ways to make all-inclu-
sive resorts “work more
effectively” in the Family
Islands.

He referred to the chal-
lenges encountered in the
past by Club Med in
Eleuthera and San Sal-
vador, and raised questions
about the all-inclusive mod-
el.

Vincent Vanderpool-
Wallace, Minister of
Tourism, said there is a
“pervasive mythology” sur

SEE page eight



BAHAMIAN CULTURE INSPIRES US
ALLINCLUSIVE MODEL CRITICISM CONGRESSWOMAN'S HAT FASHION

By CELESTE NIXON
Tribune Staff Reporter
cnixon@tribunemedia.net

UNITED States Con-
gress representative Fred-
erica Wilson is making a
fashion buzz with what she
calls her Bahamian influ-
enced hat style.

Ms Wilson, who is
named after her Bahamian
grandmother, told the
National Journal that her
"trademark headgear was
inspired by her grandmoth-
er, who wore similar hats as
part of a cultural tradition in
her native Bahamas."

In the Miami Herald,



|
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PAGE 2, TUESDAY, DECEMBER 7, 2010

LOCAL NEWS

THE TRIBUNE



Bahamas International
Film Festival ‘one of
the best in the world’

By MEGAN REYNOLDS
Tribune Staff Reporter
mreynolds@tribunemedia.net

OUTSTANDING filmmakers
praised the Bahamas Interna-
tional Film Festival as one of the
best in the world as they were
honoured at the closing night
awards ceremony in the Atlantis
theatre on Sunday.

And Bahamian filmmaker Gus-
tavius Smith made the nation
proud as he won the most hotly
contested prize for Best Short
Film.

The Spirit of Freedom Narra-
tive and Audience Choice Award
went to Academy Award nomi-
nated movie Atletu (The Ath-
lete) about legendary Ethiopian
runner Abebe Bikila, who
became the first black African to
win an Olympic gold medal when
he ran the marathon barefoot
through the streets of Rome in
1960.

First-time Ethiopian filmmaker
Rasselas Lakew who co-wrote,
co-directed, co-produced and
starred in the movie, paid tribute
to his national hero as he accept-
ed the awards.

“It has always been my dream
to share a story from my country
with the world,” Mr Lakew said.

“Showing it in a small place,
that is very warm and soulful,
makes my day.

“T will always remember this
festival as a platform that made
all the efforts to put all the film-
makers together in the same
place.

“This is one place where I saw a
lot of films and I will definitely
remember it, and I will definitely
be coming back here.”



WINNER of the best short film this
year was Contact Zone, a submis-
sion by emerging Bahamian talent
Gustavius Smith.

The Spirit of Freedom Docu-
mentary Award went to Budrus, a
documentary about how a young
man and his daughter founded a
growing movement to unite
Palestinian political factions and
Israelis to save their village from
destruction by Israel’s Separation
Barrier.

Jurors also gave special a men-
tion to Bouncing Cats, an inspir-
ing documentary of one man’s
attempt to use the power of hip-
hop for positive social change in
Uganda.

Winner of the best short film
this year was Contact Zone, a
submission by emerging Bahami-

an talent and previous winner of
BIFF’s $10,000 Filmmaker Resi-
dency Programme prize Gus-
tavius Smith.

The 14 minute movie about the
curator of a New York City art
gallery’s one night stand with a
janitor on the opening night of
an exhibition prevailed over the
38 entries including those by
award-winning directors.

Bahamas Film Commissioner
Craig Woods, one of three on the
short films jury panel, said Con-
tact Zone: “Opened the door to
discuss the topic of race in a very
human and thoughtful way.”

Relations

The short film jury panel also
gave special mention to the short
Diplomacy, a study of relations
between the United States and
Iran, while Mr Woods said his
personal favourite short was Frog
In The Well, by Japanese film-
maker Ken Ochiai.

American film Hello Lonesome
won BIFF’s New Visions Award,
and American writer, director
and producer of the film Adam
Reid praised BIFF as one of the
best festivals in the world when
accepting the honour from BIFF
founder and executive director
Leslie Vanderpool.

He told the packed audience of
around 500 film lovers: “I have
been to a lot of festivals this year
and I haven’t had an experience
like this, and I haven’t left a fes-
tival feeling so loved and wanting
to collaborate and connect with
my peers, and that’s something I
haven’t experienced for a long,
long time, so thank you Leslie,
this means a lot to me.”



ham Carter portrays the Queen Mother in a scene from ‘The King's Speech.’ Colin
Firth won best actor for his performance and Helena Bonham Carter was named
best supporting actress at the British Independent Film Awards in London.

The Weinstein Company, Laurie Sparham/AP

BIFF also assisted six aspiring
screenwriters from all over the
world in its Filmmaker Residen-
cy Programme this year, with
industry professionals including
prolific writer, director and pro-
ducer Wil Shriner and actor Ray-
mond Forchion reviewing and
improving their submissions.

American writer Mark Cerulli
won the top prize for his script,
Sunburn.

As he thanked BIFF, Mr
Cerulli said: “It really is better
in the Bahamas, I’m blown away.

“The hospitality was amazing,
working with the mentors and
meeting other writers was such
a wonderful experience, I
thought that was the prize, but
this is really the icing on the
cake.”

A group of CR Walker stu-
dents won the $500 Green Reel
prize awarded by The Nature
Conservancy for their short film
Breaking News, a spoof news
programme highlighting the
important environmental issues
of non-native invasive species in

the Bahamas; casuarina trees and
lionfish, and the problem of stray
dogs.

Following the awards presen-
tation closing night film, The
King’s Speech, was shown.

The movie took the top prize
and five awards in total at the
British Independent Film Awards
in London.

Performance

Colin Firth won best actor for
his moving performance as King
George VI, a portrayal that has
put him on Oscar tip-lists; Hele-
na Bonham Carter was named
best supporting actress for her
role as Elizabeth; while Geoffrey
Rush won best supporting actor
for his performance as the eccen-
tric and unusual Lionel Logue,
the therapist who helps the king.

American screenwriter David
Seidler won the best screenwriter
prize, and the film won Best Pic-
ture at the 13th annual British
Independent Film Awards
(BIFAs).

Tourism official touts

TOURISM OFFICIALS LEND THEIR SUPPORT TO BIFF: Pictured
(from left) are Chief Communications Officer, Basil Smith; Bahamas
Film Commissioner, Craig Woods; BIFF Executive Director Leslie
Vanderpool and Tourism Director General, David Johnson.



Derek Smith/BIS


























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DIRECTOR GENER-
AL OF TOURISM David
Johnson touted the
Bahamas’ recent film suc-
cess, including a recent
award for the ministry, as
the Seventh Annual
Bahamas International
Film Festival featured
more than five dozen films
from December 1 to 5.

Mr Johnson pointed out
that the festival showed
three of the 14 films gen-
erated through his min-
istry’s promotional cam-
paign, the 14 Islands Film
Challenge.

The Challenge generat-
ed much publicity in the
United Kingdom, culmi-
nating with the Bahamas
Tourist Office in London
winning a prestigious
‘Travolution Award’ for
Best Use of Social Media
in connection with the
project.

“Over these five days, 65
films were showcased,” Mr
Johnson said. “More than
a dozen of these are films

made in the Bahamas,
about the Bahamas or by
Bahamians.

Three of the festival’s
films are shorts made by
UK filmmakers who par-
ticipated in the 14 Islands
Film Challenge, a brilliant
promotional campaign
that has been a triumph in
the United Kingdom for
the Ministry of Tourism
and Aviation.

“It is certainly good
news that more Bahamian
audiences will get to see
screenings of these films
that have been so widely
accepted in the UK.”

Mr Johnson said the
Ministry of Tourism and
Aviation was pleased to
have been a founding
sponsor of the festival.

Over the years, the Min-
istry of Tourism and Avia-
tion has contributed more
than $1.5 million to BIFF.

It is estimated that the
country has received $15.7
million worth of world-
wide publicity from BIFF.

INDEX

MAIN SECTION
Local News
Editorial/Letters

P1,2,3,4,5,6,7,8
Poe hot eae

CLASSIFIED SECTION 32 PAGES

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


THE TRIBUNE

TUESDAY, DECEMBER 7, 2010, PAGE 5

LOCAL NEWS



Young Bahamians’ biggest
crime fear is being shot

AN INFORMAL survey on violent
crime revealed that young Bahamians fear
being shot above all other forms of crime,
followed by their fear of being stabbed
or being raped.

Perhaps surprisingly, the survey
revealed that a relatively large number
of the male participants listed rape as one
of their foremost fears.

Self-defence expert D'Arcy Rahming,
chief instructor at the All Star Family
Centre, recently conducted the violent
crime survey amongst Bahamians aged

dents of All Star to determine what type
of violent crime attack persons are afraid
of the most and to design a self-defence
course in response to alleviate some of
their fears.

More than 150 persons participated in
the survey, which was non-scientific, but
nevertheless yielded some interesting
results.

Survey participants were asked the
question "What type of violent crime
attack do you fear?"

Not surprisingly topping the list was

18 to 22.

The survey was a class project for stu-

Ministry’s ‘People to People’
venture making new progress

WITH the aim of creat-
ing more tourism ambas-
sadors in the country, Peo-
ple to People — one of the
Ministry of Tourism and
Aviation’s most enduring
programmes - is being
updated with new initia-
tives and revamped opera-
tions.

Chief among the new ini-
tiatives is a public aware-
ness and recruitment drive,
said Bernadette Bastian,
People to People’s new
manager.

“Presently, we have a
good corps of ambassadors
throughout the country.
First of all, we want to
ensure that they are all
excited about the pro-
gramme and ready to con-
tinue to share great experi-
ences with our visitors,” Ms
Bastian said.

“Secondly, we want to
attract other, personable
Bahamian residents to host
our guests and introduce
them to the intricacies of
Bahamian life.”

In order to facilitate

being shot.

awareness and to introduce
potential candidates to the
role of tourism ambassador,
People to People has
planned a special event for
veteran and potential pro-
gramme participants.

The People to People
Mix and Mingle is sched-
uled for Thursday evening
at the National Arts
Gallery of the Bahamas.

In addition, the aware-
ness campaign will feature
newly produced television
advertisements.

The advertisements will
explain the programme and
the rewards it extends to
ambassadors and guests,
Ms Bastian said.

“We think it is truly
inspirational, and it will
give some helpful informa-
tion to those who want to
do something tangible to
advance this country while
enjoying the company of
our visitors,” she said.

Ms Bastian said there
also will be enhancements
to the monthly People to
People tea parties at Gov-

Second on the list was being stabbed



TEA TIME: Guests enjoy the
monthly People to People tea
party at Government House.

ernment House.

She said various tea par-
ties will take on themes
from specific islands to
emphasise that the
Bahamas is much more
than Nassau and Paradise
Island.

MAN IN ESCAPE BID AFTER ARRAIGNMENT

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - A man, remanded to Fox
Hill Prison following an arraignment on
Monday in the Eight Mile Rock Magistrate’s
Court, escaped while police were prepar-
ing for his transportation. He was later
recaptured.

Jamaal Deloach, 22, of Seagrape, Eight
Mile Rock, was charged with three counts of
housebreaking and two counts of stealing
before Magistrate Gwen Claude.

He pleaded not guilty to the offences and
elected summary trial.

Magistrate Claude remanded Deloach to
Her Majesty’s Prison, Fox Hill and
adjourned the matter to January 13, 2011.

Deloach, while in police custody, was
being taken to Freeport for further pro-

cessing when he escaped from the officers
preparing to transport him.

He was later apprehended by officers in
the Jones Town area.

SHOOTING CHARGE

A 34-year-old Eight Mile Rock man was
arraigned in connection with shooting and
injuring a man over the weckend in that
settlement.

Joel Saltine, a resident of Martin Town,
appeared before Magistrate Gwen Claude
charged with causing harm.

It is alleged that on December 3, the
accused caused harm to another male resi-
dent of Eight Mile Rock by shooting him in
his leg.

Saltine pleaded not guilty to the charge
and was granted $2,500 bail with one or two
sureties. The matter was adjourned to Feb-
ruary 9, 2011 for trial.

FOX HILL LIGHTS UP FOR CHRISTMAS




THE annual Christmas tree lighting took
place in Fox Hill on Sunday.

Each year, the Fox Hill parade grounds
are lit from stem to stern.

This year, Jan Davis of the Village Con-
venience Store and Davis Enterprises and
her team used a green and yellow motif to
light the tree which is supplied by Ken Perig-
ord Enterprises.

The tree lighting is organised by the Fox
Hill Festival Committee headed by Mau-
rice Tynes and a team of Fox Hillians.



They name the tree each year after a
prominent Fox Hillian.

This year, the committee chose Mildred
Edgecombe, a civic activist and mother.

Ms Edgecombe had the honour of turning
on the lights which lit the park.

The Doris Johnson Senior High School
Band under the direction of Aaron Necly
provided the entertainment for those attend-
ing the tree-lighting ceremony.

(Photo by Fox Hill Media)



and third was rape.

In fact, about 12 per cent of men stated
being raped as their top concern. Being
attacked by more than one attacker was
also a concern.

"I designed an online self defence
course around these factors so that any-
body regardless of their physical condition
could benefit. The free video seminar is
called "Stop Living in Fear: seven stay-
safe secrets that muggers, rapists and vio-
lent criminals do not want you to know,”
said Mr Rahming, who is a 9th degree
black belt and internationally renowned
seminar speaker.

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RAPED .......... O reeaitanes Zl csiteeessaererstis 30
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PAGE 6, TUESDAY, DECEMBER 7, 2010

THE TRIBUNE



Gay bashing in Georgetown — A
gay man shares his experiences

By ELAN ERA JOHN
Panos Caribbean

HOMOSEXUAL men in
Guyana are still finding it
difficult to live free from
fear of stigma and discrimi-
nation.

These are everyday parts
of their lives whether at
school, work or accessing
services from hospitals or
transportation service
providers.

Kobe, a young openly
homosexual man, said his
experience with stigma and
discrimination goes way
back to his childhood when
he was bullied and harassed.

“Being in school, having
persons tell you or trouble
you and you would have to
shift to doing certain things.”

He explains some of the
shifts he is forced to make to
avoid the harassment.

“If [see a set of guys lim-
ing at a corner I would walk
around or take the longer
route if that was the shorter
route (to avoid passing
there).

“...If1 go back home right
now to where I am from in
Berbice I would experience
a great deal of stigma in
terms of verbal words. Most
of the stigma that I receive is
verbal words,” he said.

Kobe said that although
he has overcome being
affected by words, some
people take their attacks fur-
ther than that. He said that
up to the day before (being
interviewed) while he was
speaking on his cell phone,



















PANOS CARIBBEAN REPORT

five young men were passing
and one of them picked up a
bottle to toss at him.

“I stop at the time and I
stand up, waiting to see if
they were going to shy (hit)
me with the bottle. When
they realised that I am
standing up there they start
to say, ‘Oh, I am getting
brave,’ and that sort of
thing,” he said.

He added that the day
before that incident he was
actually pelted with a bottle
by another set of 20-some-
thing-year-old guys.

He said that most of the
harassment that he receives
would be in the form of peo-
ple smiling in a mocking
manner or nasty comments
from older people.

Kobe works in a health
facility. He says a lot of peo-
ple know who he is. He
thinks that because of this,
he is able to access services
quite comfortably, despite
the occasional gesticulations
from persons.

But, the worst forms of
discrimination come when
he seeks access to public
transportation.

“You find that bus con-
ductors and drivers may not
stop to pick you up, or upon
discovering the person’s ori-
entation may not want that
person in the bus. I go to
shop and I get sold, I get
(attended to). But even the
taxi drivers, you have a big

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— al

issue where they might not
want to pick you up. They
may slow down when
flagged down but when they
see who you are they drive
away,” he said.

He said that he has never
confronted a transportation
provider to know why he
was asked to exit the bus.
Instead he would simply
comply with the demand to
leave the car or bus. But
there was one time when the
minibus operator objected
to him being in the bus and
other passengers in support
exited the bus also. Kobe
said that the problem has
been escalating of late and it
has been costing him money
to move around.

Openly gay men have
more difficulties when it
comes to employment.

According to Kobe they
sometimes have to be some-
body else before they are
given employment because
of employers’ requirements
for dress code.

“Lots of young gay flam-
boyant men are unemployed
because of this, and this may
lead to them engaging in
transactional sex. They
may not go out there at
night, but engage in it right
in their homes. In their
minds it is not sex work.
They do it occasionally to
get income to (supplement)
support from family,” Kobe
explained.



Gay men do experience
sexual assaults.

Relating to an incident
earlier in his life, Kobe said
that when he was gang-
raped, he could not go to
the police nor could he tell
his parents, because of the
fear of stigma and discrimi-
nation.

“When I got home I didn’t
tell my family anything, I
just told them I got robbed
and dropped the matter,”
Kobe said.

“The same is about telling
the story over and
over...and then to get the
reaction from the police, a
laugh or a smirk or a smile,
and the questions that they
ask,” he said.

Today, Kobe is part of the
Guyana Rainbow Founda-
tion and is also affiliated
with the Society against Sex-
ual Orientation Discrimina-
tion (SASOD).

He also has a youth com-
munity based organisation
called Diverse Youth Move-
ment which looks at issues in
the younger Lesbian, Gay,
Bi-sexual and Transgen-
dered (LGBT) community.

His organisation looks at
personal development and
capacity building for young
persons. He said that
because the Guyana Rain-
bow Foundation is fairly
new, they have not
approached agencies for
assistance with funding to



“You find that bus conductors
and drivers may not stop
to pick you up, or upon
discovering the person’s
orientation may not want
that person in the bus.”



look at social cohesion and
conflict resolution.

“Tam now finishing the
governance manual for the
organisation and once that is
off, (we will be moving
ahead). We are registered
with the Ministry of Culture
Youth and Sport. Now we
are starting the work, we are
doing some personal work,”
he said.

According to Kobe the
Ministry of Health has been
greatly involving the youth
group in its programmes and
initiatives in terms of
HIV/AIDS in Guyana.

Director of the National
AIDS Programme Secre-
tariat (NAPS), Dr Shanti
Singh, said that the agency
works with groups like
Kobe’s, providing funding
for advocacy and training.

There is also a coordinat-
ing committee at the nation-
al level that brings together
all the NGOs that work with
commercial sex workers and
with men who have sex with
men — once every quarter —
to discuss with them
whether things are going
well.

“Groups that have a focus
on the LGBT community
have been able to benefit
from funding under the pro-
ject to be able to do work
among their members,” she
said, noting that this is done
through an arrangement
similar to the groups that
work with the female com-
mercial sex workers.

Dr Singh said that from a
health sector perspective it is
very difficult for NAPS to
infiltrate those communities
and hence the use of the
NGOs whose members may
have the trust of the com-
munity that they are work-
ing with.

Kobe is trying to make a
difference through his
group’s advocacy work
because of his experiences
and those of people he
knows in his community.

“We want to work in the
schools and homes because
we have young men who
have been placed out of
their homes because of their
status...people don’t want
to come out because they
are afraid of the stigma,” he
said.

KINGSTON, Jamaica

A MEMBER of a gay rights group
in Jamaica has been found stabbed to
death and the Caribbean country's
sole homosexual advocacy group said
Sunday that it could be a hate crime,
according to Associated Press.

The body of the 26-year-old man
was discovered Friday behind an
insurance company building in
Kingston, the Jamaica Forum for
Lesbians, All-Sexuals and Gays

said.

Dane Lewis, the advocacy group's
director, said the victim's name could

not be released because his relatives
had not been notified of his slaying.

In a statement, the advocacy group
mourned the slain man and called
for a full investigation by Jamaican

security forces.

"While the reason behind his death
is not yet known, allegations are that
his life had been under threat for
some time," the organization said.

Police did not immediately return
calls Sunday secking information on
the investigation into the killing.

Gays and their advocates say
Jamaica is by far the most hostile
island toward homosexuals in the

abuse.

Activist: Member of Jamaica gay rights group slain

already conservative Caribbean.
They say gays, especially those in
poor communities, suffer frequent

But they have little recourse

because of anti-gay stigma anda

men.

tised.

sodomy law banning sex between

Many people in the highly Christ-
ian nation perceive homosexuality
as a sin and insist violence against
gays is blown out of proportion by
gay activists.

Some say Jamaica tolerates homo-
sexuality as long as it is not adver-

Oil spill in Kingston Harbour is probed

KINGSTON, Jamaica

EFFORTS are under
way to clean up an oil spill
in the harbor of Jamaica's
capital, according to Asso-
ciated Press.

The island's emergency

alse hoy ts

.

Sb n!) de

management agency says
the slick in Kingston Har-
bor is located between an
oil refinery and a power
station.

The agency said in a
news release Sunday that
police are investigating the

origin of the spill, which
was discovered Saturday.

Officials say the oil cont-
amination was being
cleared up and had had no
direct impact on the city
itself.

However, it was not

The Bridge Authority

NOTICE

immediately clear how
much fuel had spilled into
the water.

Authorities are still
investigating a Nov. 22 spill
in the capital's harbor, the
seventh- largest natural
harbor in the world.

Paradise island Employers & Employees, Paradise Island Residents, Transportation
Companies and the General Public are hereby notified that The Bridge Authority will be
undertaking physical improvement works to the Toll Plaza with effect from the 29°
November to the 10" December, 2010. This exercise will include both overhead and

Brournd bevel tasks

This work will be conducted during off-peak traffic times between the hours of 10:00 am

= 3:00 pm.

Due te the nature of the work, two (2) lanes shall be closed each time, resulting in
restricted traffic flow. Im our effort to minimize the impact of these lane closures, the
work will be performed sequentially, firstly in Lanes 1 and 2 and then Lames 3 and 4,
Therefore, at no time will more than two (2) lanes be closed at once.

The Bridge Authority apologizes for any inconvenience caused, and assures it customers
and stakeholders, that all efforts will be made to have the works concluded as quickly as

possible.

Hilly Scavedia
General! Wonager
The Bridge Authority



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THE TRIBUNE

TUESDAY, DECEMBER 7, 2010, PAGE 7



LOCAL NEWS

Programme aims to teach
Children the joys of sailing

WITH crime being a problem that
significantly impacts inner-city chil-
dren, the Bahamas Sailing Associa-
tion hopes that their teaching pro-
gramme can get kids off the streets
and give them a sense of pride in their
accomplishments.

For the past six years, the Bahamas
Sailing Association has been teach-
ing children from inner-city commu-
nities in New Providence the joys of
sailing.

Sailing is now part of the curricu-
lum in three public schools, with par-
ticipation by over 80 students.

And the Association's eight-week
summer camp trains more than a hun-
dred children annually from 29
schools in Nassau and the Family
Islands.

“Our year-round school sports and
summer camp programmes collec-
tively delivered more than 3,000
instructed sailing sessions to young
Bahamians during 2009 and to date
we have had nearly 900 kids pass
through the Association's camps,"
said sailing operations director Jimmy
Lowe.

"We also have a regatta programme
that teaches competitive sailing for
those with the appropriate skills and
interest, including entry into local and
overseas regattas.”

The Bahamas’ first Olympic medals
(Gold and Bronze) were won in sail-
ing events in the 1960s.

And Bahamian sailors continue to
compete on a regular basis in major
international regattas.

A major goal of the Association is
to broaden the number of Bahamian
sailors through development of the
National Sailing School, which uses
the facilities of the Nassau Yacht Club
at no cost.

"But more importantly, we are try-
ing to positively impact our young
people, one student at a time, through
this educational outreach.

“Sailing builds seamanship, integri-
ty, discipline, fair play and respect
for others, all of which can contribute
to the growth and maturity of an indi-

Migrant boat capsizes
in British Virgin Islands



(L-R) EAST NASSAU ROTARY CLUB president Joanne Smith presents Bahamas Sailing
Association director Jimmy Lowe with a contribution to help fund the annual children's
summer camp. The Rotary Club also heard from sailing champion Pedro Rahming, who
told us of his love of sailing and thanked members for the opportunity to sail.

vidual," Mr Lowe said.

The Association's activities are
organised by unpaid volunteers, but
there are two paid full-time instruc-
tors, together with the additional tem-
porary instructors employed during
summer camps.

All activities are funded by dona-
tions, which go directly into teaching
the children.

The Association was founded in
1952 and is recognised as the nation-
al sailing authority by the Interna-
tional Sailing Federation, the

Bahamas Olympic Organising Com-
mittee, the Ministry of Sports and the
Pan American Games Sailing Asso-
ciation. Pictured from left: East Nas-
sau Rotary Club President Joanne
Smith presents Association Director
Jimmy Lowe with a contribution to
help fund the annual children's sum-
mer camp.

The Rotary Club also heard from
sailing champion Pedro Rahming,
who told us of his love of sailing and
thanked members for the opportuni-
ty to sail.

A ‘CONCERT FOR CHRISTMAS’

THE Nassau Renaissance Singers, under the direction
of musical director Audrey Dean-Wright, return to per-
form at the Government House Ballroom this weekend.

Under the patronage of Governor General Sir Arthur
and Lady Joan Foulkes, the choir will present “A Con-
cert for Christmas” this Saturday and Sunday at 8pm.

At the conclusion of the performance, the singers will
join the audience for the traditional after-concert wine
and chat.

Over the years, the Renaissance Singers have ushered
in the traditional annual Christmas festivities for many
in the Bahamas.

This year’s concert promises to be no different.

The programme includes classical and traditional
Christmas music as well as songs from around the
region.

Music in the style of which former choir director E
Clement Bethel was noted for will also be featured.

The choir currently boasts a mix of veteran and new
members, and this year will feature some of the young
artists of the Bahamas as special guests.

Guest artists include Nikita Wells on Saturday, Dicey
Doh Boys on both nights, and Osano Neeley on Sunday.

This year, the choir said, it is grateful to have well-
known musician Raymond Antionio accompany them
on the piano.

Tickets for the Nassau Renaissance Singers concert
may be purchased from Logos Bookstore at the Har-
bour Bay Shopping Plaza, East Bay Street or from choir
members.

Proceeds from the concert to benefit Nassau Renais-
sance Singers Scholarship Fund.

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL
The Public is hereby advised that |, MICHDRIANA

DAMAS, of P.O. Box SS-6713, Hanna Road, Nassau,
Bahamas, intend to change my name to MICHDRIANA
CLARKE. If there are any objections to this change of
name by Deed Poll, you may write such objections to the
Chief Passport Officer, P.O.Box N-742, Nassau, Bahamas
no later than thirty (80) days after the date of publication
of this notice.

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.



TORTOLA,
British Virgin Islands

A MOTORBOAT over-
loaded with Haitian migrants
slammed into a reef off the
British Virgin Islands and cap-
sized Monday as it tried to
evade authorities. Five people
were killed, including two
infants, according to Associat-
ed Press.

The 30-foot (9-meter) boat
was carrying more than 30 peo-
ple when it struck the reef off
the southern coast of Tortola,
said British Virgin Islands Cus-
toms Comptroller Wade
Smith.

The exact number of pas-
sengers was unknown as
authorities continued search-
ing for more victims or sur-
vivors, Smith said.

Authorities in the British
territory detained 28 survivors
as suspected illegal migrants,
including six who were hospi-
talized with undisclosed
injuries, said police spokes-
woman Dianne Drayton.

The boat had apparently
departed from Dutch St.
Maarten and was trying to ille-
gally enter British territory
about midnight, Smith said.

Most of the migrants were
from Haiti but officials have
not established the nationality
of everyone on board, said
Ricardo Castrodad, a
spokesman for the U.S. Coast
Guard, which was assisting
with the search.

The British Virgin Islands is
home to a relatively small com-
munity of Haitian migrants but
they typically enter either by

mistake — abandoned by
smugglers on one of the many
islands that make up the chain
— or as they try to reach the
nearby U.S. Virgin Islands.

A Dutch coast guard plane
spotted the vessel and alerted
other authorities in the region.
The U.S. Coast Guard dis-
patched a Puerto Rico-based
ship that was about a mile (1.6
kilometers) from the migrants
when their boat hit the reef,
Castrodad said.

The boat overturned in
Paraquita Bay, which is noto-
riously tricky to navigate even
in daylight because of the
extensive network of reefs in
the area, said Phil Aspinal,
president of the Virgin Islands
Search and Rescue, a volun-
teer group helping to find sur-
vivors.

Pinder’s Customs Brokerage

MANAGER WANTED

Delivery Department Manager

Pinder's Customs Brokerage Ltd. is looking for a Delivery Department Man-
ager. The qualities of the successful applicant will need to include:

Management experience of a large workforce

Organizational skills

Customer Service

Computer proficiency

Additional qualities might include:

« Shipping and Customs knowledge
« Truck maintenance knowledge

« Driving skill =

to asaess others

Applicants should drop off their resume to: Pinder's Customs Brokerage at
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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
PAGE 8, TUESDAY, DECEMBER 7, 2010

THE TRIBUNE



LOCAL NEWS



Tourism expert responds to
all-inclusive model criticism

FROM page one

rounding an all-inclusive
resort that does not match
up to the reality.

“T don’t think it has much
to do with a specific model.
I think it has to do with the
fact that in terms of any
Family Island destination
it is much more difficult in
terms of access. Club Med
solved their access issues
by getting airlift directly to
their destination from
Florida and France,” said
Mr Vanderpool Wallace.

In order for any property
to do well it has to have a
steady supply of low cost
high quality airlift, said the
Minister. Sandals recog-
nised this and has already
generated non-stop flights
from Toronto, Miami and
Atlanta.

“This is an item that has
been missed for decades.
This is the primary issue.
When you find yourself in a
situation where it is less
expensive to fly beyond the
Bahamas than to the
Bahamas you make your-
self uncompetitive. Fixing
the access problem is not
easy, but the problem is
access,” he said.

As for benefits to the
community, he said gov-
ernment studies show the
spend of people in all-inclu-
sive in Nassau is about 80
per cent of the spend of
those in room only resorts,
otherwise known as Euro-
pean Plan (EP) hotels. He
said this suggests the prob-
lem is not specific to the
model.

BLOW OU





ALL-INCLUSIVE MODEL: Vincent Vanderpool-Wallace and Perry Christie

“The mythological is
exactly that,” said Mr Van-
derpool-Wallace, and it
impacts popular opinion
about cruise ships as well.

“Cruise ships make more
money selling tours than
keeping people on board.
They love to sell tours,” he
said. The larger issues to
consider, he said, are the
challenges of creating
opportunities for people in
an all-inclusive to leave,
stimulating interest in the
destination as a whole, and
creating more affordable
access, whether by air or
sea.

“Tf that is stimulated by
an all-inclusive then so be
it, because all of the other
properties will begin to
benefit from it. The reality
is, in many cases the all-
inclusive is what gets it
started,” said Mr Vander-
pool-Wallace.



A local tourism expert
agreed that in the case of
Sandals, and any all-inclu-
sive, “there is no incentive
to keep people on the prop-
erty.

“In fact, (Butch Stewart)
would prefer the break-
age,” because it would in
effect save him money. As
for tourist spending, she
said, visitors “would have
no problem” spending
additional cash or credit
outside of the hotel if the
community gave them “a
reason to do so.”

“There is a cultural shift
that has to be made in Exu-
ma for them to be able to
take full advantage of any
development. Butch Stew-
art is working very, very
hard to deliver visitors to
his property,” she said.

It is not his job to create
opportunities in the com-
munity or to stimulate the

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interest, she said.

“There are people who
think all-inclusives are the
scourge of this country, and
people who think they are
fantastic. At the end of the
day we have to have that
variety because that is what
visitors demand. We can’t
be all or nothing. We have
the potential to have more,
but it has to be an all-inclu-
sive that understands the
challenges dealing with
infrastructure costs and the
other input costs, and they
have to be very targeted in
their market,” said the
tourism expert.

“The all-inclusive model
by its very nature requires
that the inputs — infrastruc-
ture, labour, food, drinks —
are low cost. There is noth-
ing in the Bahamas that is
low cost. That model is
completely inconsistent
with the infrastructure that
we have here in the
Bahamas.

“Tt is not about whether
that model is appropriate
for Exuma, Eleuthera or
any Family Island, except
that the cost of everything

is even more expensive in
the other islands, because
we don’t have many in Nas-
sau either. They are not
meant to survive on the
basis of the cost of the
infrastructure in this coun-
try,” she said.

While the Bahamas has
the capacity for more all-
inclusives it is not likely the
model will catch on like it
has in Jamaica, Puerto Rico
and other more low-cost
destinations, said the
source.

Those destinations are
favourable for all-inclu-
sives, considering they grow
a lot of their own food,
manufacture their own
beers and rums and have
low labour cost.

“Our labour force is bet-
ter paid than anywhere in
the region, except proba-
bly Bermuda,” she said. It
is not surprising that Exu-
ma residents have com-
plaints about the minimum
wage earned by many at
Sandals. The “high-end”
brand could have created
unrealistic expectations.

She suggest “high end

resorts” are the only type
of large-scale developments
that “could be delivered”
to Family Islands, because
the market capable of
affording those destinations
is high end consumers.

“You have to seek a cus-
tomer that is able and will-
ing to pay more.

“The product has to be
perceived to be high-end to
justify the higher spend,”
she said.

Four Seasons was also
built with the intention of
being an “upscale proper-
ty”, but it had a different
strategy than Sandals.

As an “isolated hotel
with an expensive golf
course”, and planned casi-
no, she said Four Seasons
intended to situate itself in
a community of private res-
idences that would supple-
ment the 292 hotel room
inventory and support the
restaurants, marina, golf
course and other amenities.

Part of the failure was
the fact that “the commu-
nity never happened,” she
said, and the 292 rooms
were “never enough.”

PLP group
want House

FROM page one

Long Cay, and another seat for Inagua and
Mayaguana. Cat Island, Rum Cay and San
Salvador, they recommended should remain
as one seat, as well as Long Island and
Ragged Island in their current state.

The report continued that Abaco’s three
seats is predicated on a May 2010 Census
population of 16,692 persons.

“Based on extrapolation from the 2002
population and the number registered voters
for the 2002 Register of Voters, it is sug-
gested that 45 per cent of Abaco’s popula-
tion are voting age citizens. This would pro-
duce 7,600 electors for 2010. The average
number of electors for the two central and
southern seats would be 2,600 with the
northern seat at 2,400 electors.

“The proposed Bimini and the Berry
Islands seat represents recognition of pop-
ulation growth over the period 2000 through
to 2010 by 16 per cent and the lack of sched-
uled transport between the various islands.
Based on a 2010 population of 2,800 and a
probable 48 per cent of the residents being
citizen electors, this constituency would have
1,350 electors, similar to the three island
seat of Cat Island, Rum Cay and San Sal-
vador.

“Exuma experienced a doubling of its
population during the ten year period
between the taking of a national census in
2000 and another in 2010, growing from a
population in 2000 of 3,571 to a population
of 7,314 in 2010. Electors increased from
1,966 in 2002 to 2,800 in 2007 — a phenome-
nal increase of more than 42 per cent. The
island chain stretches more than 150 miles
from the northernmost inhabited cay to the
most southern settlement on Little Exuma.
In fact, with a projection of more than 4,000
electors presently resident throughout the
mainland and cays a case could even be

T | seats added.

made for three seats but parity of electors
with Eleuthera and Andros is recommend-
ed, resulting in two seats for Exuma,” the
report read.

While some of the reasoning behind such
a proposal may seem plausible, it is highly
unlikely that such arguments will carry any
weight with the Boundaries Commission
after Prime Minister Hubert Ingraham
scraped any idea of the creation of addi-
tional seats.

During an interview on the Exuma Breeze
radio programme on November 25, Mr
Ingraham said that he saw no need to
increase the number of seats in the House of
Assembly. In fact, Mr Ingraham said he is
actually of the mind to decrease the number
of seats.

He said: “In terms of the configuration
of seats, when you take into account the
population of New Providence, the popula-
tion of Grand Bahama, the population of
Abaco, the population of Eleuthera, and
then Exuma, one has to determine how
many of the 16 seats that are not in New
Providence can be given to any one island.

“When we came into office we met Aba-
co with three seats and determined that
Abaco could not justify three seats in rela-
tion to the total. The same thing applied to
Long Island, Bimini and the Berries, and
so, no I do not think it is reasonable for
Exuma to expect to get another seat in the
House of Assembly.

“T think it is reasonable for Exuma to
make its local government work, and where
it thinks it ought to be delegated additional
authority from the central government so
that these matters can be handled by local
authorities in Exuma, it ought to do that.

“But in terms of representation in Parlia-
ment, no, one seat is enough for Exuma in
terms of its population and size — notwith-
standing its geography,” Mr Ingraham said.

Share your news

The Tribune wants to hear
from people who are
making news in their
neighbourhoods. Perhaps

you are raising funds fora
good cause, campaigning
for improvements in the
area or have won an
award.

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



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


THE TRIBUNE TUESDAY, DECEMBER 7, 2010, PAGE 9
__ AMERICAN RAPPER WAS ARRESTED,
RELEASED BEFORE BAHAMAS CONCERT

FROM page one

on Saturday,” officer-in-charge of
the Wulff Road station Superinten-
dent Ashton Greenslade told The
Tribune.

"He was booked in here and taken
to CDU (Central Detective Unit)."

Supt Greenslade said he could not
provide additional details on Mr
Jenkins’ arrest.

Head of the CDU Superintendent
Leon Bethel and his subordinate YOUNG JEEZY
Assistant Superintendent Michael
Moxey did not give The Tribune further details of the arrest
and events leading up to it before press time.

One of the concert's promoters Jason Cartwright con-
firmed on his Facebook page that the hip-hop star had
been arrested early Saturday, but was later released.

"People tried to shut us down, yea' Jeezy was locked up,
he out now (about) to beat the stage bad tonight," Mr
Cartwright wrote Saturday morning.

A well-placed source told The Tribune that the rapper
was taken into the Fox Hill area by friends and was simply
"in the wrong place at the wrong time" when he was taken
into custody.

Club promoters "Da Recession" — a promotion company
based in Miami, Florida but said to be headed by a Bimini
born native DJ D'ano — engaged Mr Jenkins to perform at
Club Luna on West Bay Street.

Witaiva Job Vacancy
LIGHTING A tablished N based

n _ establishe assau ase
CEREMONY company seeks to fill the position of
SCENES from last night's | ASSistant Financial Controller. All

police tree lighting ceremony | applicants MUST possess the following:
held at the Royal Bahamas
Police Force headquarters. ;

As well as the official tree Passing grades on all parts of the CPA
lighting event, there was plen-





ty of festive entertainment for examination.
those present. 1-2 years experience working with an
Felipé Major/Tribune staff accounting firm.

Strong analytical skills.

Strong organizational skills with the
ability to work independently.

A thorough working knowledge of
Microsoft Excel.

The ability to learn quickly.
Excellent communication and team
work skills.

The ability to manage multiple tasks
and responsibilities simultaneously.



Interested persons should submit their
resumes via e-mail to:

asstfinancialcontroller@hotmail.com

All resumes must be received by

10“ December 2010.

Only persons meeting ALL of the
requirements above need apply.



BAHAMIAN CULTURE INSPIRES US | Zm*adtcine â„¢eaunew @727) 2011 FORD MUSTANG
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lection of around 300 hats ranging from rhinestone- 7 — Bee pes ee ee
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The congresswoman elect began her career as princi- | a F System and all standard features,
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cessfully fought and lobbied for the fair treatment of he i 3 years rust protection, licence and

Haitian refugees that were incarcerated at a local deten- f | inspection to birthday, full tank of gas,
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In the Florida House and Senate, Wilson continued

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Once in Washington Wilson hopes to get a bill passed : ;
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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
THE TRIBUNE

DUSINesS



TUESDAY,

DECEMBER 7,

2010

SECTION B « business @tribunemedia.net

‘Every reason’ for 8-10%
shipping registry growth

By NEIL HARTNELL
Tribune Business Editor

The Bahamas shipping registry
has “every good reason” to be
growing at a rate of 8-10 per cent
per annum, in line with the global
shipping industry’s expansion, a
government minister said yester-
day, adding that the Bahamas Mar-
itime Authority (BMA) had
“achieved all of our goals for last
year”.

Earl Deveaux, minister of the
environment, who has responsibil-
ity for the Government’s relations
with the BMA and the Bahamian
maritime industry in general, told
Tribune Business that key reforms
adopted over the past year were

* Government and BMA ‘achieve all of our goals for last

year’ in maritime industry

* Now moving to maintain competitiveness on royalty
rights payments for music broadcast on Bahamian ships

* Reforms designed to keep Bahamas as ‘the best option’,
and not give clients reason to go elsewhere

* Minister: ‘We are infinitely more price competitive. We
think the business that is ours will resume coming to us’

essential to ensuring the global
shipping and yachting industries
saw the Bahamas as “the best
option” for themselves and their
clients.

Apart from the Prime Minister’s

opening of the BMA’s Hong Kong
office and the establishment of a
consulate Greece, bringing the
BMA closer to its Greek shipping

SEE page 3B

Upgrades
slash

Atlantis’s

ROVAL = FIDELITY

es

A he Be



NASSAL
(242) 356-9801

FREEPORT

(242) 351-3010

ALAPCSH AAR OLR

L242) 347-3145



ita aoe

air unit costs 12 per cent

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

Having seen a 12 per cent
reduction in monthly operat-
ing costs for key cooling equip-
ment, Atlantis (pictured above)
is in the process of upgrading
75 of these air handling units
as part of an ongoing energy
conservation and management
program that has resulted in
savings of an estimated “hun-
dreds of thousands” of kilowatt

hours in energy usage.

SEE page 4B

* Kerzner executive says ‘hundreds
of thousands’ of kilowatt hours
saved by resort’s programs over
past decade

* Places Atlantis at ‘8.5’ on scale of
10 when comes to energy efficiency
commitment, compared to five for
other Bahamian resorts

* Savings from energy efficiency
projects pay back over two to

four years



INGO retuts Sale efforts ‘not fruitful’ for 51% BISX firm stake

broker fears

* Royal Bank’s BISX-listed
mortgage arm denies telling
borrowers it must take out
homeowners insurance
cover through it, or that they;
must do so until principal
equals mortgage guarantee
cover

* Says ‘certainly not our
policy, not our practice and
not what we want to do’

By NEIL HARTNELL :
Tribune Business Editor :

FINCO, Royal Bank’s BISX-
listed mortgage arm, yesterday :
said it was not forcing borrow- }
ers to take out homeowners
insurance through its broker- ;
age arm or insisting that they ;
do so until the outstanding prin-

cipal equalled the sum covered }

SEE page 2B

: counterclaim for $5m

* Liquidators for failed $471m Bahamas investment
: structure still collecting dividends from Premier

: Commercial Real Estate while search for majority
stake buyer continues
: * Targeting current director of fund entity over
: alleged $1.5m unauthorised payments, but face

CHAMBER/BECON

MERGER ‘DONE DEAL’

: * Members of both vote in favour of creating sole
‘unequivocal voice of the private sector’ that will also
enhance business support services
* The Bahamas Chamber of Commerce and

: Employers Confederation to come into being on
: January 1, with full-time CEO and chairman and vice-
: chairman instead of existing president/vice-president
* Organisation to have 12 divisions, and be ‘more

By NEIL HARTNELL
Tribune Business Editor

The joint liquidators of a col-
lapsed $471.3 million Bahamas-
based investment structure have
warned that their efforts to sell a
majority 51 per cent stake in a
BISX-listed real estate invest-
ment trust (REIT) “have not
proven fruitful” to date, even

though this equity interest is the
key investor recovery source.
Clifford Culmer, the Bahamas-
based BDO Mann Judd accoun-
tant, and Raymond Massi, his
Canadian co-liquidator for the
Olympus Univest fund its
Bahamian-domiciled counter-
part, Mosaic Composite, said
they would continue to collect
dividends from Premier Com-

By NEIL HARTNELL
Tribune Business Editor

A former Bahamas Cham-
ber of Commerce president yes-
terday said he was moving
“fast” to a position of agreeing
that private security guards be
allowed to carry firearms as a
? means to combat, and deter,
|: armed robbers, as he called on
? the Royal Bahamas Police
} Force to “flood commercial
areas” with officers during the

mercial Real Estate Investment
Corporation until a buyer for the
51 per cent interest was found.
In their 10th report to the
Bahamian Supreme Court as
joint liquidators for Mosaic Com-
posite, Messrs Culmer and Mas-
si said: “The Mosaic joint liq-

SEE page 4B

ARMING SECURITY GUARDS:
‘| AM GETTING THERE FAST’

* Former Chamber
president urges police to
‘flood commercial areas’ in
Christmas run-up, saying
many in business ‘scared
less’ by crime situation

he describes ‘as scary as
hell’

* Says Town Centre Mall
robbery shows criminals
‘getting increasingly bold’

: effective and efficient’ in service delivery
: * Move on business support services as ‘other side of
: the equation’

: By NEIL HARTNELL
: Tribune Business Editor

Christmas season.

SEE page 4B



KHAALIS ROLLE

i} The Bahamas Chamber of
: Commerce and Bahamas
: Employers Confederation’s
? (BECon) merger into one
: organisation is “a done deal”,
? Tribune Business was told yes-
? terday, members of both
? approving the move to create
: one organisation that will be
? “the unequivocal voice of the
i private sector” and provide a
: greater level of business sup-
: port services.

: Brian Nutt, BECon’s head,
? and Khaalis Rolle, the Cham-
i ber’s president, confirmed to

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PAGE 2B, TUESDAY, DECEMBER 7, 2010

THE TRIBUNE



REALTOR ANNOUNCES
AG Ua)

PART OF THE TEAM: Damianos Sotheby’s Inter-
national Realty yesterday announced that John Cash
(pictured above) had joined its Abaco sales team.

A native Abaconian, Mr Cash was employed at
Boat Harbour Marina and Newport International Ltd
in Treasure Cay as comptroller. He also operated a
dive centre, boat rental and golf car rental business on
the same cay for a decade.

He first entered real estate in November 2000, com-
pleting all the requirements to become a licensed bro-
ker within four years.

BFSB in strongest
Brazil push to date

The Bahamas Financial Services Board
(BFSB) made its strongest push to date
into Brazil in late November, targeting
asset managers and seeking to explore
wider business relationships through the
use of Freeport as a transshipment and
logistics centre.

Bahamas Landfall: Destination Brazil
involved 20 Bahamian service providers
who travelled to Sao Paolo and Rio de
Janeiro for the event.

The BFSB has been increasing its Brazil
focus gradually over the past five years,
through participation in the annual Brasil
Investment Summit and referrals from
friends of the Bahamas living in Brazil and
this nation.

”*Emerging economies from Brazil to
China are encouraging their asset man-
agers to focus beyond their domestic mar-
kets,” said Wendy Warren, the BFSB’s
chief executive and executive director.

“This has provided jurisdictions such as
the Bahamas with an opportunity to pro-
vide a range of services to these asset man-
agement companies. The Bahamas Landfall
event was designed to increase the momen-
tum for interest in the Bahamas that we
have been building for the past five years.”

She added: “It was also designed to
establish the idea that there is a natural
linkage between Brazil and Freeport’s
transshipment zone, readily demonstrated
by the investment and operations of Statoil

Aim to link financial services with the use of
Freeport as transshipment and logistics centre



WENDY WARREN

Ms Warren said the BFSB was particu-
larly pleased that the Grand Bahama Port
Authority (GBPA) agreed to be one of the
sponsors of the event. This indicated, she
added, growing support and recognition
for this nation’s vision statement for the
financial services industry, which positions
the Bahamas as an ideal location for inter-
national business and finance.

“We have redoubled our efforts to coor-

dinate and partner on joint initiatives with
the Port Authority, the Ministry of
Tourism, the Bahamas Investment Author-
ity and the Bahamas Maritime Authori-
ty,” said Ms Warren.

“This has led to BFSB supporting and
becoming actively involved in events such
as BIMCATs, Posidonia - a major ship-
ping conference in Greece - the recent
opening of the BMA office in Hong Kong
and our lead sponsorship of the Caribbean
Investment and Finance conference held in
Nassau last month and presented by The
Banker, an FT publication.”

Other sponsors of Bahamas Landfall
were Ansbacher Bahamas, Butterfield
Fund Services, Ernst & Young, Genesis
Funds Services, Graham Thompson, Pre-
mier Fund Services, Royal Bank of Canada
Wealth Management and Swiss Financial
Services. HFM Week, publishers of
HFMWeek, PAM and Latin American
magazine was the official media partner of
the event.

Ms Warren said: “As the Bahamas con-
tinues to position itself as a global leader for
financial services, events like Bahamas
Landfall in key economies like Brazil are

FROM page 1B

this newspaper that the merger
would take effect from Janu-
ary 1, 2011, onwards, via the
newly-created Bahamas Cham-
ber of Commerce and Employ-
ers Confederation (BCCEC),
both organisations approving
the move at Extraordinary
General Meetings (EGM) held
within the past week.

Praising the merger commit-
tee formed to oversee the tech-
nical details of the merger for
“working tirelessly over the last
10 months to work out the
details”, Mr Nutt told Tribune
Business: “Basically, what it
does is create one national
organisation where member-
ship is open to all businesses in
the Bahamas regardless of their
sector or size.

“This advocacy organisation,
which is what the Chamber and
BECon already are, will be the
unequivocal voice of the pri-
vate sector in the Bahamas.”

Mr Nutt said the merger
should make the BCCEC
“more efficient and effective
with the resources we have”.
He added that the merger had
effectively taken nine years to
fully consummate, with initial
talks about the possibility hav-



Hydro.”

CHAMBER/BECON
MERGER ‘DONE DEAL’

ing first been held in 2001.

These feelings coalesced in
2003 at a joint meeting between
the Chamber and BECon,
which determined that both
parties were “amenable” to a
merger, and between then and
2009 the two sides worked
closely together “to learn each
other’s culture, standards and
operating procedures”.

“The main thing we found is
that a merger did not detract
from the core role of each
organisation,” Mr Nutt told Tri-
bune Business. “One comple-
mented the other in an organi-
sation encapsulating all the
things a non-governmental
organisation should have.”

The BECon president said
there were “quite a number of
changes” addressed in the Arti-
cles and structure of the merged
BCCEC, with the existing
Chamber posts of president and
vice-president set to be
replaced by those of chairman
and non-chairman respective-
ly.
at addition, the Chamber’s

current full-time executive
director post will be upgraded
to the status of chief executive.
This, Mr Nutt indicated, was
designed to ensure stability and
continuity at the BCCEC,
rather than maintain the pre-
sent situation where the Cham-
ber’s goals and character were
heavily influenced - and often
changed - by the personality
and personal ‘wish list’ of an
incoming president.

“We're looking at trying to
make the organisation more
sustainable by having a contact
point such as a chief executive,”
Mr Nutt explained. “The organ-
isation will not change its
flavour based on who is presi-
dent. It will be a more sustain-
able organisation that is not
altered as much by who the par-
ticular officers may be.”

Mr Nutt said the BCCEC’s
structure would also be differ-
ent from the existing Chamber,
being composed of 12 different
divisions. Apart from the one
headed by the chief executive,
each division will be chaired by

The Eden Centre

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heals patients ailments

A man suffered from severe pain in his right knee for a long
time. He found it difficulty to move around. His knee was
swollen and very stiff. He had this problem for 2 1/2 years.

After three treatment visits the swelling went down and he
was able to move around with no problem. I recommend this
treatment for persons who want results and do not want to

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An elderly man 84 years old suffered from high blood pressure
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certificate

different directors.
“What we are looking to try
to do is attract as many mem-

bers as possible to come and }
work on division committees to i
help us be sustainable, be }
? by mortgage indemnity insurance, stating: “It’s certainly not our
: policy, not our practice and not what we want to do.”

education and training; labour }

proactive,” Mr Nutt added.
Some of the divisions will be

relations; small and medium-
sized enterprises; finance and
budget; a young professionals’
organisation; and internation-
al trade.

Tribune Business that the
“technical side of the merger”
had been completed, with both
Chamber and BECon members
ratifying the new constitution

the BCCEC.
“It puts us in a better posi-
tion to deliver the services side

of the merger. Both the Cham-
cessful from an advocacy per-

discussions on private sector
advancement, and helping to
“create the environment to do
business successfully”.

Yet that was “only one part
of the equation. The Chamber
is also a service provider on a

we’re doing now is building the
structure and the infrastructure
to be more of a service provider
than we have been in the past,”
Mr Rolle added.

to business education services
were key elements of this, he

tute being the key delivery
mechanism.

“We’re able to deliver now.
That’s the value added side of

Rolle added, pointing out that
businesses needed more than
advocacy.

While the BCCEC focused
on integrating both legacy
organisations and launching

said it would also be dealing
with ongoing external issues
affecting the business commu-

tion.
Mr Nutt explained that

registered non-profit company,
and BECon a voluntary associ-
ation of employers, the deci-

Chamber as the surviving enti-
ty, merging BECon into it after
the Articles and Memorandum
of Association had been
changed. BECon’s assets and

Chamber come end-December
31, 2010.

ane dollar value
goad towards
any purchase

very important”.

FINCO rebuts broker fears

FROM page 1B

Jan Knowles, Royal Bank’s spokeswoman, issued this state-

? ment to Tribune Business after this newspaper had been contact-
? ed by several irate Bahamian insurance brokers, who were com-
: plaining that clients were being told by FINCO representatives that
? they must take out homeowners insurance through the bank,
? which has its own insuret’s broker licence.

Mr Rolle, meanwhile, told }
: Bahamas Insurance Brokers Association’s (BIBA) annual gener-
? al meeting (AGM) last month, some brokers stating that clients
? were being told that they must insure through FINCO until the out-
? standing mortgage principal was equal to the value of the mortgage
; indemnity insurance.

and organisational structure of }

Tribune Business understands that the issue was also raised at the

“They’re saying that if you have a Mortgage Indemnity policy

? with FINCO, you have to do homeowners insurance with them,”
? one Bahamas-based independent broker subsequently complained
? to Tribune Business.

of the equation,” Mr Rolle said }

This, they said, resulted in “a lack of freedom of choice for the

? consumer”, and was anti-competitive, given that they had been able
ber and BECon had been suc- } to find a policy whose premium was cheaper than what a client was
? quoted by FINCO.

spective, playing a key role in }
? independent insurance expert who had their best interests at heart,
? rather than be insured under a block group policy that was close-
i ly linked to their lender.

The broker also said that some clients preferred to deal with an

A Mortgage Indemnity Guarantee is insurance coverage, usually

? taken out at the beginning of a mortgage contract, when the bor-
? rower is unable to put down a certain percentage of the real estate
: purchase price.

more micro level, and what }

This percentage is normally 20 per cent, and if unable to meet

i this, the borrower makes a one-time insurance payment to provide
? cover that the lender will be able to claim on if they default. The
? Insurance is thus designed to minimise the bank’s risk exposure,
? usually guaranteeing the difference between the loan amount and
? outstanding balance.

Technical support and access }

Tribune Business took the brokers’ concerns to Tanya McCart-

: ney, FINCO’s managing director, who referred the queries to
? Ms Knowles.

added, with the Chamber Insti- :
? moist mortgage borrowers to take out a Mortgage Indemnity
? Guarantee, Ms Knowles said of the brokers’ claims: “It has not
? been our practice to say you must get homeowners insurance
? from us.

what we propose to do,” Mr }

Telling this newspaper that FINCO would normally require

“It’s up to the client whether they get insurance from us or

? externally, and we accept either. There is no way we are telling
? them they must have it from us. That’s not our policy.”

Ms Knowles said FINCO had “checked just to make sure it

? was not happening at the ground level”, and she added: “It’s not
? our policy. We’re happy to take insurance from whomever. We just
? want to know you have the coverage.

new programmes, Mr Rolle
: tainly not our policy, not our practice and not what we want to do.
: They can take it out with us, they can take it out with whoever, so
? Jong as they are covered.

nity, such as trade liberalisa- :

“It’s a concern that impression may be out there but, no, it’s cer-

“If you have a favourite insurer, go with a favourite insurer.

? Some people have been working with a company for years and
? years, and if that’s what they want, that’s fine.”
because the Chamber was a :

Tribune Business understands that homeowners insurance poli-

: cies taken out through FINCO are equally shared by Bahamas First
? and RoyalStar Assurance, each splitting the premium income and
? coverage 50/50.

sion was made to leave the }

Independent insurance brokers have become increasingly wary

? in recent months about commercial banks dictating where mortgage
? clients place their homeowners policies, after Scotiabank
? (Bahamas) developed an arrangement where borrowers would
? be placed on a group policy with J. S. Johnson if they were unable
i to provide evidence they had coverage by a certain date.

liabilities will be vested in the }

The bank said this was necessary to protect its interests, and has

: subsequently worked out protocols with the insurance industry as
; to how the scheme should work.

gift

certificates

Lee oa You

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


THE TRIBUNE

TUESDAY, DECEMBER 7, 2010, PAGE 3B





Export plan
could benefit
40 firms

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

The Bahamas Chamber of
Commerce expects more than
40 Bahamian companies will
be in a good position to ben-
efit from an export-boosting
program, which aims to help
firms currently exporting
goods or services, or looking
to do so, overcome barriers
to expanding their trade
across borders or within this
nation.

The Chamber is encourag-
ing small and medium-sized
enterprises to apply to partic-
ipate in the Inter-American
Investment Corporation-
funded FINPYME Export-
Plus program it launched yes-
terday, which will see compa-
nies given technical advice to
help them grow their over-
seas exports.

Winston Rolle, the Cham-

ber’s executive director, told
Tribune Business it was “very
feasible” that more Bahamian
companies can get involved
in international trade of their
goods and services through
the ExportPlus program, with
the potential gains from such
a shift towards greater global
competitiveness having a “sig-
nificant impact” on a Bahami-
an economy that has tradi-
tionally seen very few of its
goods or services sold abroad.

Launch

A number of companies
attended the launch of the
program at the British Colo-
nial Hilton yesterday, with the
agricultural and fisheries sec-
tors heavily represented, in
particular.

Others will have the chance
to apply to get involved ahead
of the February 2011 dead-

Island West

Real Estate Company, Limited
(In Voluntary Liquidation)

All persons having claims against the above-
named Company are required on or before dated
31stday of December A.D.2010 to send their
names, addresses and particulars of their debts
and claims to Mr. Thomas Trevor Dean, P.O.Box
F-42578, Freeport, Grand Bahama Island, The
Bahamas, the Liquidator of the Company or, in
default thereof, they may be excluded from the
benefit or any distribution made before debts are

proved.

line for applications.

“We initially invited 30 to
40 companies who could ben-
efit to the launch, and we sus-
pect the number out there
who could get involved may
be quite a bit larger,” said Mr
Rolle.

Once selected for involve-
ment based on their potential
to benefit from the program,
among other criteria compa-
nies will be assessed so a
determination of the exact
kind of technical assistance
they require to boost their
exports can be made.

The IIC will fund the pro-
vision of local, regional or
international consultants who
may be able to provide the
kind of expertise that a par-
ticular business requires to
overcome some of the obsta-
cles to expanding its national
or international trade.

“Tt does not have to be just
those who want to trade out-
side of the Bahamas. You
could be a company in a Fam-
ily Island looking to export to
New Providence or Grand
Bahama,” added Mr Rolle.

The type of technical assis-
tance that may be offered
could include: help with com-
plying with certification
processes in areas such as san-
itation, packaging and quality;
enhancing operations to
increase productivity and/or
advice on improving manage-
ment in areas such as strategic
planning, marketing and
export sales.

Businesses eligible for par-
ticipation must have been in
operation for at least three
years and have annual sales

‘Every reason’ for 8-10%
shipping registry growth

FROM page 1B

industry clients, Mr Deveaux
said the BMA had introduced
administrative protocols so
that it and its services were
“available 24/7 to its clients
around the world”.

Online communications
with the ship owners and
companies that controlled the
1,650-1,700 vessels registered
on the Bahamas shipping reg-
istry had also been improved,
while this nation had also
“promulgated” the yacht reg-
istry code to encourage high
net worth individuals to use
it for their vessels as well as
wealth management.

Asked how important the
maritime industry could
become to the Bahamas, Mr
Deveaux replied: “Global
shipping is expanding rapidly
in South-East Asia, Africa
and South America, and
because of the location of the
Bahamas, there’s every good
reason to think we should be
growing at 8-10 per cent a
year, in tandem with the
growth in shipping as it
expands.”

Mr Deveaux added that
reforms enacted earlier this
year had left the BMA with
“a fee schedule that is very
competitive”, changes includ-
ing waiving the registration
fee for new shipowners and
providing incentives ranging
from a one-third to 60 per
cent reduction in fees for
owners registering multiple
ships.

Pointing out that the whole
package of measures enacted
over the past year had
“strengthened” the BMA asa
quality ship registry, Mr
Deveaux said they had also
improved its “overall position
vis a vis competitors such as
the Marshall Islands and Mal-
ta.

“We are infinitely more
price competitive, and admin-

istratively more proactive,”
the minister told Tribune
Business. “We think the busi-
ness that is ours will resume
coming to us. We were never
in the same business as Pana-
ma and Liberia, but it was
necessary to do this to ensure
the merchant fleet, the cruise
fleet and the increasingly
important yacht fleet saw the
Bahamas as the best option,
and not giving incentives to
lawyers, accountants and
wealth managers to steer peo-
ple away from the Bahamas
because we were perceived as
too slow or too expensive.”

Marketing the Bahamas,
the BMA and the range of
maritime products and ser-
vices it offered was key, Mr
Deveaux said, pointing out
that another issue recently
brought to the authorities’
attention was the issue of per-
forming rights related to
music played aboard Bahami-
an-registered ships, such as
cruise vessels.

a
a

* Shopping Canina,

Royalty payments have to
be made to the artists whose
tracks are used, and Mr
Deveaux said: “We found the
Bahamas was not as compet-
itive in that regard”.

With this having implica-
tions for some shipowners as
their fleets became larger, the
minister said the BMA was
now in discussion with the rel-
evant performing arts body
“to establish a mechanism to
ensure rates do not put us at a
disadvantage”.

The BMA Board was due
to meet this week to set tar-
gets and goals for 2011, Mr
Deveaux saying all these had
been met for 2010. The tar-
gets achieved included
appointing a new BMA direc-
tor, opening the Hong Kong
and Greece offices, the yacht
code and registry, attending
various conferences and nom-
inating a BMA officer to meet
with a group of Bahamian
shipowners four times per

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of over $200,000. More infor-
mation can be accessed by
calling the Chamber at 322
2145, or going to the organi-
sation’s website at www.the-
bahamaschamber.com.Appli-
cations are to be made avail-
able online at the website
shortly.

Dated the 6th day of December A.D.,2010
Thomas Trevor Dean
Liquidator

PUBLIC NOTICE
MINISTRY OF NATIONAL SECURITY



=

DISCONNECTION ra)
NOTICE

The Bahamas Electricity
Corporation wishes to advise the
public that it has commenced
electricity service disconnections
of ALL accounts with overdue
balances. This includes the
accounts of customers who have
payment arrangements with BEC
but are not honoring their
commitments.

The Ministry of National Security wishes to advise that with effect from 13 December 2010
the Royal Bahamas Police Force will commence strict enforcement of the seat belt law,
which was enacted on 8 March 2002.

The Public is reminded that Section 42 C (1) of the Road Traffic Act Ch.220 states that:
“no person shall drive a motor vehicle or permit a person
to ride as a passenger in that motor vehicle unless that
person or that passenger is secured by a seat belt.”

Section 42 C (2) states that:

“no person shall ride as a passenger in any motor vehicle
on any road unless he is secured by a seat belt.”

Section 42 C (3) states that:

“Where any passenger mentioned under this section is under
the age of five years, such passenger shall be secured ina

child passenger seat positioned in the rear passenger seat of the
motor vehicle.”

The Public is further reminded that:

“Any driver of a motor vehicle who drives without a seat

belt or allows a passenger in such vehicle to ride without a seat
belt commits an offence and is liable on summary conviction
to a fine of $300. (Sec. 42 C (4). A passenger who rides in a
vehicle without a seat belt commits an offence and is

liable to summary conviction to a fine of $100.” (See. 42 C (5)

The public is also advised that

payments can be made directly to
the Corporation's payment centres
in New Providence and the Family
Islands or at any major banking
institution (either online or over the
counter).

Section 42 C (6) states that:

“Every person who is guilty of an offence against this section
who being the person driving the motor vehicle at the

time of the breach, permits a child to ride without a

seat belt or secured in a child passenger seat and such
person shall be liable on summary conviction to a

fine of five hundred dollars.”

Please call

302-1623/4
or toll free at
242-300-0110

for any billing queries

The Public should note that Section 42 (b) provides exemptions to the following class of
vehicles:

(a) a tractor

(b) a motor cycle

(c) an omnibus, except the front seats used by the driver and any other persons
sitting alongside the driver’s seat

(d) a truck, except the front seats used by the driver and any other passenger sitting
alongside the drivers seat, and in case of a truck with double rows of seats in the
cab double rows of seats

(e) motor vehicles specifically designed for the use of the physically or medically
handicapped.

View your electricity account online at
www. bahamaselectricity.com

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

The Ministry requests that the motoring public pay careful attention to this announcement
and buckle up. Seat Belts save lives.


PAGE 4B, TUESDAY, DECEMBER 7, 2010

THE TRIBUNE



ARMING SECURITY GUARDS:
‘TAM GETTING THERE FAST’

FROM page 1B

FROM page 1B

Kerzner International (Bahamas) chief
energy manager and director of emergency
preparedness, Kevan Dean, was yesterday
reluctant to put a figure on the savings
accrued by Atlantis from the energy pro-

i gram first initiated in 2001.

However, based on more recent per kilo-

watt hour costs of between $0.27 and $0.33

Dionisio D’ Aguilar, chairman of BISX-listed AML Foods, }
which owns the Town Centre Mall Cost Right store hit by armed }
robbers on Saturday evening, told Tribune Business that many in }
the private sector were “scared ****less” at the prospect of being }
targeted by armed criminals in the run-up to the Yuletide season, }
adding that the weekend’s events indicated that criminals were }
becoming increasingly bold.

Pointing out that Bahamian businessmen could do little other }
than equip their establishments with Closed Circuit Television }
Cameras (CCTV) and post unarmed security guards at the front }
door, Mr D’ Aguilar said: “The criminals are showing this does not }
phase them one bit.

“Right now, the only solution is to put }
cops on the ground with guns. They need }
to put as many police on the ground this }
season. They need to flood the commercial }
areas with officers. Get them out of the }
offices and the station, and get them on the }
ground and in the field so there’s a very }
visible presence. They know where the
hot spots are.” i

Asked about whether he thought the }
Bahamas should allow trained, licensed
private security firms to carry firearms, }
Mr D’ Aguilar described that as being a }
“major, huge shift for us”. i

On this question, he added: “I’m not }
there yet, but I’m getting there fast. It may deter someone robbing }
the place, but equally it may result in someone shooting people.” }

Again urging the police to maintain high visibility with road- }
blocks and numerous officers on the streets, in the hope this might }
deter some would-be robbers, Mr D’ Aguilar, who is also president }
of Superwash, the laundromat chain hit five times by armed rob- }
bers in 10 days recently, said: “I think everybody is scared ****less. {
It’s damn scary out there, scary as hell. Everybody is hoping and
praying not to get hit. They only thing they can do is rely on the }
Royal Bahamas Police Force. i

“Businesses have to make it as unattractive as possible for them }
to be robbed, and the only way is to minimise the amount of cash }
they hold. If you’re going to get hit, it’s best to limit the cash you }
hold. Between now and going to your grave, you have to limit your }
losses.” i

Mr D’Aguilar described the robbers who hit the Cost Right }
store at the Town Centre Mall as “pretty bloody bold”, given that }
it was 6pm on the peak trading day, with numerous persons around. }
Armed robbers, he said, usually liked to avoid targets where there }
were numerous persons present. :

“Tt indicates they’re getting pretty bold,” Mr D’Aguilar said of
events at the Town Centre Mall on Saturday, pointing out that the }
robbers targeted Nassau’s second busiest shopping centre on its }
busiest day in the run-up to Christmas. “We’ve got to be vigi- }
lant.”



DIONISIO D’AGUILAR

cents, Tribune Business calculates such
energy usage-reduction could amount to
savings of at least $80 million - and just
shy of $100 million - for the resort since
the beginning of this decade, when the pro-
gram was initiated. This does not take into

: account the cost of implementing the ener-

gy conservation and efficiency programs
and equipment.

Mr Dean, who was brought in as an ener-
gy conservation manager for Kerzner Inter-

? national (Bahamas) in 2001, said the resort

“tries to be as energy conscious as we can”.

Asked whether he was aware of how the
resort’s approach to energy usage and effi-
ciency compares to other Bahamas hotel
properties, Mr Dean estimated that where
others may rank at around a five for com-
mitment to energy efficiency, Kerzner
would be closer to an ‘8.5’on such a scale.

Speaking to the Bahamas Society of
Engineers at their Engineering, Design and
Construction conference on Friday, Mr
Dean said energy accounting - achieving a
more specific breakdown of which parts of

? the resort use what quantity of energy, and

how this fluctuates over time - was a critical
element of Atlantis’ move to become a

? more efficient energy user.

So was affecting its employee outlook
on energy usage. To date, Mr Dean says
awareness raising efforts through the hotel’s
in-house newsletter, seminars and games,
along with the rise in employee focus on
this area as a consequence of feeling the
effects of spikes in the cost of energy they

? use in their own homes, have resulted in an

increased commitment to taking simple
steps - such as turning off lights in unused
rooms or shutting refrigerator doors in a
timely fashion.

However, it has been in the area of test-
ing, maintaining and upgrading the resort’s

Upgrades slash
Atlantis’s air unit
costs 12 per cent

massive electrical infrastructure that Mr
Dean has been kept most busy.

Pilot projects to test energy usage by
certain categories of equipment in the
resort, and how this is improved through
the implementation of upgrades to com-
ponents or a particular maintenance pro-
gram, have resulted in more widespread
implementation of such measures.

A heating, ventilation and aircondition-
ing (HVAC) system optimisation project
Mr Dean undertook recently proved the
success of replacing certain components
within some of the hotel’s air handling unit
(AHU) systems, resulting in monthly ener-
gy usage reductions of 12 per cent per unit,
with enhanced motor efficiency, decreased
downtime and an extended machine life.

The pilot project led to the upgrading
of 50 air handling units throughout phase
one of the resort, and a further 25 should be
finished before the end of this year.

Mr Dean also undertook a “power qual-
ity” project, which involved water pumps
throughout the resort.

Using diagnostic testing equipment,
Kerzner was able to determine whether
motors were running optimally, and take
simple steps to improve their output per
unit of energy consumed.

“One of the things we look at is the align-
ment of motors. When a car is misaligned it
wears tyres down quicker. It’s the same
with motor equipment; if it’s misaligned
it’s working harder to give the same output.
There are maintainance-type corrections

that can be made to improve efficiency,”
said Mr Dean.

Among other steps taken by Atlantis to
reduce its energy usage and power bill are:
the retrofitting of guestrooms with CFL
lighting; installation of room occupancy
sensors, and removing unnecessary light
fixtures in certain parts of the hotel, such as
linen rooms and landings.

“We are always looking at new areas or,
if things change and there is new technolo-
gy, we may go back and make adjustments
or implement new projects to improve
energy efficiency.

“A case in point is with the next genera-
tion of lighting on the horizon - LED. That
will be the next move in certain areas where
it’s applicable, although you’ve got to look
at getting the right technology for the right
solution and application. It might appear to
or even save you money, but it may not
give you right light output or colour or
temperature and design, or work with your
controlling system,” said Mr Dean.

Overall, however, Mr Dean said it was
not just energy-saving that drives Kerzner
to make enhancements throughout the
resort that result in conservation.

“It’s got to make economic sense as well.
An average project (to enhance energy
efficiency) pays back in savings in two to
four years on average,” said Mr Dean. “But
there are changes you can make which will
have a negative impact on your operations.
You have to make sure you find a solution
that works for you.”

Sale efforts ‘not fruitful’ for 51% BISX firm stake

FROM page 1B

: uidators have determined that

? Mosaic owns a 51 per cent

COMMONWEALTH OF THE BAHAMAS 20100 LEtqui14t4
IN THE SUPREME COURT
Common Law & Equity Side

IN THE MATTER OF all that piece parcel or lot of land
comprising 2.62 Actes situate Southwards of Andros Anglers
Club on the [sland of Andros one of the Islands of the
Commonwealth of The Bahamas

AND
IN THE MATTER of The Quieting Titles Act, 1959
AND
IN THE MATER of the Petition of James M. Halron.
NOTICE OF PETITON

The Petition of JAMES WL HALROMWN of L618 State Street
in Green Bay im the State of Wisconsin in respect of:-

ALLthat piece parcel or lot of land omginally thought to
contain 2.618 acres and now shown to comprise 2.62 acres
situate Southwards of Andros Anglers Club and running
thereon Four hundred and Thirty (430) feet more or less on
the NORTHEAST by the Sea at the High Water Mark and
running thereon Two hundred and Seventy-six (276) feet
mortof less on the SOUTHEAST by the property of Coconut
Farm Limited and running thereon Four hundred and Six
(406) feet more or less and on the MOUTHWEST by a Fifty
(30) foot wide road reservation known as Swamp Street and
running thereon Two hundred and Seventy-two and Forty-
two hundredths (272.42) feet and whieh said parcel of land
has such position shape marks boundaries and dimensions
as are shown on the plan filed herein and thereon coloured
Pink.

JAMES M. HALON claims to be the owner in fee simple
In possession of the sud land tree fram encumbrances. and
has made application to the Supreme Court in the
Commonwealth of the Buhamas under Section 3 of The
Quieting Titles Act, 1959 to have his title to the said land
investigated and the nature and extent thereof determined
and declared in a Certificate of Title to be granted by the
Court in accordance with the provisions of the said Act.

A plan of the said land may be inspected during mormal
office hours in the following places:

(a) The Registry of the Supreme Court in the sud City of
Nassau:

(b) The Chambers of McKinney, Bancroft & Hughes,
Mareva House, 4 George Street in the City of Nassau,
Attorneys for the Petitioner; and

(a) The Office of the Administrator at Nicholl’s Town,
Andros.

Notice is hereby given that any persons having dower or a
night of dower oran Adverse Claim or a claim not recognized
in the Petition shall on or before the 20th day of January,
2011 fle in the Supreme Court and serve on the Petitioner
or the undersigned a statement of their claim in the prescribed
form, verified by an Adndawit to be filed therewith. Failure of
any such person to file and serve a statement of his claim
on or before the said 20th day ofJanuary, A.D., 2011 wall
operate as a bar to such claim.

Dated the 11th day of Novernber, A.D,, 2010
McKINNEY, BANCROFT & HUGHES

Mareva House
George Street
Nassau, The Bahamas.
Attorneys for the Petitioner



i controlling interest in Premier
? Real Estate Investment Cor-
} poration, a publicly-traded
? Bahamian income trust which
? owns commercial real estate
? in the Bahamas.

“The Mosaic joint liquida-

i tors are continuing their
: efforts in selling the interest,
: while collecting Premier’s div-
? idends. The Mosaic joint liq-
i uidators are marketing the
: controlling shares of Premier
i: Commercial Real Estate
: Investment Corporation.
: Negotiations with a prospec-
i: tive purchaser to date have
? not proven fruitful.”

Tribune Business revealed

i in January 2010 how the 51
i per cent equity stake in Pre-
? mier Commercial Real Estate
: Investment Corporation was
i predicted to be the best
? source of recovery for the
: mainly-Canadian investors in
: the Olympus Univest struc-
? ture, who are likely to recov-

er just 3.69 per cent of their
investment.

At that date, Mr Massi and
Mr Culmer have recovered
Cdn$11.495 million out of the
Cdn$17.392 million forecast
from Mosaic Composite.
These funds include a
Cdn$7.813 million investment
in another investment fund;
Cdn$.1053 million in claims
from two Bahamas-based liq-
uidations; and Cdn$730,000
in interest and tax refunds.

And a further Cdn$1.899
million had been received in
dividends Premier Real
Estate Investment Corpora-
tion, which is a mutual fund
that owns Freeport's First
Commercial Centre and two
properties owned by the
Coca-Cola producer in both
Nassau and Freeport. The val-
ue of Mosaic’s shareholding
in the BISX-listed entity,
though, was shown to have
deteriorated from Cdn$6.38
million as at February 27,
2007, to Cdn$5.897 million as
at September 30, 2009.

Premier Real Estate was

NOTICE
In the Estate of Carl Granville Treco
O.B.E. late of No. 18 Brace Ridge Road
in the Eastern District of the Island of
New Providence, one of the Islands of the

Commonwealth
deceased.

of The

Bahamas,

NOTICE is hereby given that all persons

having any
against the
required to

claim ofr
above
send

demand
Estate are

the same duly

certified in writing to the undersigned on
or before the 14th day of December A.D.
2010, after which date the Executors will
proceed to distribute the assets of the
deceased having regard only to the claims
of which they shall then have had notice.

AND NOTICE is hereby given that all
persons indebted to the said Estate are
requested to make full setthement on or
before the date hereinbefore mentioned.

HARRY B. SANDS, LOBOSKY &
COMPANY
Attorneys for the Executors
CHAMBERS
Shirley House
Fifty Shirley Street
Nassau, Bahamas.



created by Hannes Babak, a
former major shareholder in
the First Commercial Centre,
and the former Grand
Bahama Port Authority chair-
man. He has nothing to do
with the Olympus Univest sit-
uation, and has done nothing
wrong in relation to it.

Among Premier's founding
directors, although he is no
longer on the board, was
Stephen Hancock, president
and chief executive of Cardi-
nal International, the ex-
Bahamian fund administrator
for Olympus Univest, Mosaic
and a number of other entities
in the investment structure
that was managed by Cana-
dian-based entity, Norshield.

Meanwhile, Messrs Culmer
and Massi added that they
were pursuing litigation
against Mosaic’s current
director, a Minnesota-based
individual named Lowell
Holden.

Alleging that Mosaic was
incorporated as a Bahamian
International Business Com-
pany (IBC) on January 27,

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McDonald’s Head Office on
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Telephone: 325-4444

Nassau, The Bahamas

1997, the duo claimed it was
subsequently re-domiciled to
Anguilla on March 4, 2005,
before merging with a Min-
nesota company to become
Mosaic US.

Messrs Culmer and Massi
said the placing of Mosaic
Composite into liquidation by
the Bahamian Supreme Court
prevented Holden from hav-
ing the power to make loans,
advances or incur expenses
on Mosaic’s behalf.

They are alleging that
Holden broke these Orders
by making payments, on
Mosaic’s behalf, to third par-
ties worth at _ least
Cdn$560,015 and US$795,722.
Some $10,000 of this, they
allege, went to a Bahamian
law firm to compensate it for
work done on Olympus Uni-
vest’s behalf.

But, in denying their claims,
Holden is alleging in a coun-
terclaim that the liquidators
are holding assets and prop-
erty worth more than $5 mil-
lion that belong to Mosaic
(US) and himself.

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

TUESDAY, DECEMBER 7, 2010, PAGE 5B



GLOBAL ECONOMIC NEWS

fe




the world Monday:













Paul White/AP

BUDAPEST, Hungary —
Credit ratings agency Moody's
downgraded Hungary's gov-
ernment bonds by two notch-
es, citing worries about public
finance policies and exposure
to foreign financial shocks,
such as the European debt cri-
Sis.

Moody's Investor Service
said it cut the rating to Baa3
from Baal — just one step
above junk category — and
kept its outlook as negative,
meaning more downgrades are
possible in the coming three
months. Hungary's currency,
the forint, weakened by just
over | percent against the euro
and the U.S. dollar on the
Moody's announcement, but
later recovered slightly.

Prime Minister Viktor
Orban's center-right govern-
ment has committed to bud-
get deficit limits set by the
European Union but has
resorted to unusual methods
— including special taxes on
banks and energy, telecom-
munications and retail compa-
nies — to reduce the deficit
below 3 percent of GDP in
coming years. The government
is also planning to fill budget
holes with some $13.3 billion
(eurol0 billion) accumulated
on private pension funds.






























BERLIN — Germany has
reiterated its commitment to
the joint European currency
and Poland has stressed it still
wants to join it, despite the
financial difficulties plaguing
the bloc.

Germany's Finance Minis-
ter Wolfgang Schaeuble told
the Bild daily that despite
some German grumbling
about European Union
bailouts for Greece and Ire-
land, no one is seriously con-
sidering abandoning the euro.
The euro lost about 10 percent
in value through November as
Irish economic woes weighed.
The drop is actually a benefit
for Germany's export-driven
economy, making its goods
cheaper abroad.

Schaeuble also flatly reject-
ed a two-tiered eurozone of
more-stable and less-stable
nations, saying "that would be
infinitely more expensive than
everything we're now doing
for the euro.”

Polish prime minister Don-
ald Tusk, speaking through a
translator alongside German
chancellor Angela Merkel in
Berlin, reiterated his country's
determination to join the euro-
zone "as soon as we meet its
criteria."

































NEW DELHI — India and
France signed a multibillion
framework agreement to build
two nuclear power plants in
India as French President
Nicolas Sarkozy worked to
drum up business for his
nation and further strengthen
ties with a rising Asian power.

Sarkozy, one of a stream of
world leaders coming here
seeking lucrative deals for
their struggling economies,














a

A T E D

A look at economic developments and activity in major stock markets around




proposed a "total partnership"
with India in its growing needs
for civilian nuclear power.
Areva SA, one of France's
main nuclear power compa-
nies, will build two European
pressurized reactors of 1,650
megawatts each — a deal val-
ued at $9.3 billion — at Jaita-
pur in the western Indian state
of Maharashtra.

Several foreign governments
have been courting India to
get a piece of the lucrative
nuclear energy market as well
as other projects in a country
that estimates it needs at least
$1 trillion in infrastructure
investment over the next
decade. President Barack Oba-
ma and British Prime Minis-
ter David Cameron came in
recent months, and the leaders
of China and Russia are
expected before the end of the
year. The talks between
Sarkozy and Singh also
touched on plans for the struc-
tural reform of the interna-
tional monetary system.
France, which currently heads
the G-20, wants India's sup-
port for its planned agenda
that would call for limiting
excessive currency volatility,
controlling swings in com-
modity prices and reforming
global fiscal governance.

LONDON — European
stocks mostly moved sideways
as Europe's debt crisis loomed
over markets, offsetting any
optimism generated by Feder-
al Reserve chairman Ben
Bernanke's suggestion that
stimulus measures could be
boosted.

In Europe, finance ministers
from the 16-nation euro zone
gathered to discuss ways to sta-
bilize their currency union and
avoid more expensive bailouts.
Two top officials called for the
creation of a new pan-Euro-
pean bond, while others will
seek a boost to the bailout
fund.

Britain's FTSE 100 lost 0.4
percent to 5,770.28, while Ger-
many's DAX rose 0.1 percent
to 6,954.38. France's CAC40
was down a bare 0.04 percent
at 3,749.23.

In Asia, Japan's Nikkei 225
lost 0.1 percent to 10,167.23.
Exporters including automak-
ers lost ground after a disap-
pointing U.S. jobs report Fri-
day weakened the dollar,
which would make Japanese
exports more expensive
abroad.

China's benchmark Shang-
hai Composite Index gained
0.5 percent to 2,587.17.

South Korea's Kospi fell 0.2
percent to 1,953.64, and Aus-
tralia's S&P/ASX 200 slipped
0.1 percent to 4,688.6. Bench-
marks in New Zealand, Singa-
pore and Taiwan advanced.

In currencies, the dollar was
trading up 0.1 percent at 82.7
yen. It had hovered around the
84-yen line for most of last
week before the U.S. jobs data
was released. The euro stood
at $1.329, off 0.7 percent on
the day.

PReEsS S

WORRYING TIMES:
A broker walks past
the main screen at
the Stock Exchange
in Madrid Tuesday

| Nov. 30, 2010.
Investors are wor-
ried that Spain may
need a bailout, and
that the funds allot-
ted for emergency
aid may not be
enough to help

“] Spain if it should
require aid.

MADRID — Spain may
extend the emergency decree
that ended a 24-hour air traffic
controllers strike, the prime
minister said, as flights
returned to normal after a
weekend of travel chaos that
stranded hundreds of thou-
sands of people.

The “state of alarm" mea-
sure, used for the first time
since Spain returned to democ-
racy in 1978, threatened jail
time for controllers who refuse
to work. It took effect Satur-
day for an initial 15 days and
controllers started returning
to work hours after it was
announced.

Hundreds of flights were
canceled during the strike,
which began Friday afternoon
at the beginning of one of
Spain's busiest holiday week-
ends and affected around
600,000 travelers. The strike
was the culmination of a
lengthy dispute with the gov-
ernment over working condi-
tions.






HELSINKI — Finnair cab-
in crews rejected a mediated
settlement in a labor dispute,
expanding a strike that will
ground hundreds more flights
and affect tens of thousands
of passengers.

The weeklong strike was set
to spread Tuesday to include
transport union members who
said they will support the
action by halting fuel supplies
to the Finnish national carrier.

During the strike Finnair
has managed to operate about
40 percent of its flights by leas-
ing planes from other airlines
and with “some” cabin staff
who have reported for work
despite the strike. More than
800 flights have been canceled
since the strike began on Nov.
30.



CHRYSLER LAUNCHES NEW 200, AVENGER SEDANS



Paul Sancya/AP Photo

INSPECTION: A line worker inspects a Dodge Avenger on the production line at the Chrysler Sterling
Heights Assembly plant in Sterling Heights, Mich., Monday, Dec. 6, 2010. Chrysler begins production
of the Chrysler 200 sedan, a midsize replacement to the Sebring that is a key part of the company’s
revival. CEO Sergio Marchionne says nearly every part of the carhas been changed from the old mod-

el, which was derided for its poor quality.

DEE-ANN DURBIN,
AP Auto Writer
STERLING HEIGHTS, Michigan

Chrysler Group wants to show the world that
it's serious about mid-size sedans.

After years of disappointing sales, the com-
pany on Monday launched production of the
revamped Chrysler 200 — which replaces the
Sebring — and the Dodge Avenger. The cars
have a new look, new engines and hundreds of
other changes designed to lure back customers
who have fled Chrysler in recent years, scared off
by its financial troubles and its reputation for
poor quality.

Chrysler CEO Sergio Marchionne said the

company spent $300 million revamping the cars.
Both go on sale this month, starting at yust under
$20,000.

"The Chrysler 200 is the first step in rejuve-
nating the Chrysler brand," Marchionne told
1,200 workers at the suburban Detroit plant
where the sedans are made. The company is so
bullish about the new products that it plans to
hire 900 more workers and add a second shift to
the plant later this winter.

Chrysler is aiming to be a true competitor in
the unforgiving U.S. mid-size car segment. The
segment is the largest in the U.S., accounting for
nearly one in five vehicles sold last year, and it's
the home of perennial best-sellers like the Toyota
Camry and Honda Accord.

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
PAGE 6B, TUESDAY, DECEMBER 7, 2010

THE TRIBUNE



American voices on making the



ULISES ARANDA in Dallas, Wednesday, Nov. 17, 2010.

COMMONWEALTH OF THE BAHAMAS CLE gu/1153

IN THE SUPREME COURT
Commenon Law and Equity Division

TN THE MATTER OF ALL THAT piace, parcel or bot of land being
lt sumber Gobi (8) in Block nuriber Terenby-five (25) in 2
pebdinsion celled and imoan 2s “Coconut Geowe Subdivision”
containing en area of Five Thoesand Two Hundred and Aiy-tvo
(5.252) square feet and situate on the Soulhem side of Bahama
Aomerae if the Central Chstrict af the Island of Mew Providence one
of the Hands of the Commonwealth of The Bahamas

AMD

TH THE MATTER. of the Petion of DELANO HAMILTON
AND

IN THE MATTER of the (uieting Titles At, 1999 Chapter 393

ATI OF PETIT

DELANO HAMILTON the Petlioner daims to be the camer in fae-simple in Poasesaon
fee from encumbrances of ALL THAT piece, parcel or lot of land being lot number
Fight (8) in Glock numer Teeenty-five (25) ia a subdivision called and known as
“Coconut Grove Subcheson” containing ae area of Five Thousand Two Hundred and
Fity-beg (5,252) square feet and situate on the Souther side of Bahama Avenge in the
Central Cistnct of the Island of New Prowidence aforesaid and bounded as follces: on
the Worth by a pubic weed losowet as and called “Eehama Avenue’ and running theseon
One Hundred and Five (105) Feet on the East by a public road known a5 and called
“Soth Street and runaing thereon Fifty (50) Feet on the South by land now or formerly
the property of Alex Claridge and rueniag there One Huncred ened Five (1005) Feet and
On the West by lad noe or immer the property of Thongs Howard and junning
thereon Filky and Free Teenthes (50.05) Feet and has made application ip the Supreme
Coort of the Commonweakh of The Bahamas under Section 3 of fhe Quietiag Tithes Act,
Chapter 383 ef the Stati Laws of the Commonwealth aforesaid (a3 cevised) to have
ag. be te The Said Land ievesiqa ied, debermnised and decioned in 4 Certificate of Tite to
be granted by the said Supreme Court in aocoedance with the provisions of the said
Quieting Tites Act, Chapter 343,

Copies of the filed Plan ef the said lot of land may be inspected during sonal office
hours at the folicaiag places:

(i) The Registry of the Supreme Court in the city of Nassau on the Idand of New
Prowidence wforesaid; and

(if) Oxford Law Chambers, Speregield Street, Fox: Hil, Nassau, The: Baharruns,

Wetice is hereby given that any person having Domar or a dott to Dower or any
Adverse: aint of 8 aim net recognized in the Petition shall by the 30° day of final
publication of this Motioe dile im the sald Registry of the Supreme Court in the dty of
Nassau aforesaid and serve on the Patifoner or his Atinmeys, Oadoed Lan Charebers,
Springfield Street, Fow Hill, Massau, The Bahamas a Stylemest of such claim in the
presided ton, werfied by an Atigawit f3 be filed therewith, Fellure of ary such
persons to file end serve & Statement of such dain by the 30° day of fina
pobbcation of thes Noto: wall operate: a3 a ber to puch claim.

Dated this { of Mevember, ADL, 2000
Chambers

Pak Plaga Annex
Springfield Sheet, Foe Hal
Nagiau, The Bahamas

Aomeys for the Petitioner

AP Photo/LM Otero

CALVIN WOODWARD,
Associated Press
WASHINGTON

tseems Washington is

all ears these days.

President Barack Oba-

ma says he'll take a

great idea to fix the
economy anywhere he hears it.
The Republican leaders in Con-
gress can't say enough how
determined they are to “listen
to the American people."

OK. Here goes.

We want less debt, lower tax-
es, more trade, less trade, "less
talk and more walk," a brand
new New Deal, a private sector
renaissance, money for trains
and roads, easier credit, a clam-
pdown on CEO pay, more
immigration, less immigration,
government off our backs, a
safer safety net, cheaper health
care, the dismantling of Oba-
macare — and how about some
energy derived from burning
algae?

Plus a new tone in Washing-
ton.

Allin a New York minute.

The Associated Press asked
people across the country to
serve up their ideas to set the
economy straight, a challenge
underscored Friday when the
jobless rate climbed to 9.8 per-
cent, topping 9 percent for a
record 19 straight months. They
answered in a cacophony of
voices, from the corporate
office to the cafe.

America is not just a tea par-
ty. It's a coffee shop in Texas,
too. It's a union hall in New
York and it's Silicon Valley in
California.

TALENT MAGNET

In Menlo Park, Calif., ven-
ture capitalist Marc
Andreessen, an online pioneer
who co-founded Netscape
Communications, said the "sin-
gle biggest thing we could do
to accelerate the economy by
far is to increase immigration."

"We have this bizarre para-
dox," he says, "where we have
the world's best research uni-
versities, we have the smartest
people who come from all over
the world to come to study.
They end up getting degrees in
computer science, electrical
engineering and chemical engi-
neering and then we kick them
out of the country. It's just
absolutely crazy.

"If they were able to stay
here to work for other compa-
nies and start other companies,
we would have so much more
economic growth. It would be
just amazing. What we are
doing now is just completely
self-destructive.”

The USS. offe*****rs 65,000
visas a year for foreigners with
advanced skills sought by US.
companies, plus 20,000 visas for







INTERNATIONAL
BUSINESS

people who graduate from US.
schools with a master's or high-
er in certain fields. Some com-
panies complain the visas are
not granted quickly enough.

COFFEE PARTIER

If the U.S. goes begging for
brainiacs, that means plenty of
opportunity for people such as
Ulises Aranda, 24, of the Dallas
suburb of Farmers Branch. He
graduated with a master's in
mechanical engineering in May
and had no shortage of job
offers. He chose to work for his
father's engineering construc-
tion firm. To him, the econo-
my will grow if students pick
the right fields and buckle
down.

"There's plenty of jobs out
there for engineering and sci-
ence majors,” he said from the
patio of Dunn Bros Coffee.
"But people aren't really grad-
uating with those degrees. I
spent my six years in college,
working hard. I busted my butt
and had no social life. Now I
have a job."

CREDIT CRUNCH

Larry Karel, 71, of Aventura,
Fla., owns a company that pro-
duces furniture shows around
the country. He says the small
businesses that exhibit at his
shows are starved for loans.

"IT never heard of so many
companies that are putting their
exhibit fee on a credit card,"
he said. Without loans, busi-
nesses can't create jobs and
people can't buy — and furnish
— new homes. "It's a vicious
circle."

DOWN WITH FREE TRADE

"I'm not a die-hard Democ-
rat, die-hard Republican — I'm
a 'what-are-you-going-to-do?'
die-hard," said Michael Walker,
54, of Corning, N.Y. He has
taken a temporary leave as a
production worker at Corning
Inc., the world's biggest maker
of glass for flat-screen televi-

ADAM GAYNIER poses for a portrait in in Dallas. Gaynier, 24, says
it will take more than meetings to make people believe in their eco-
nomic future again. "Less talk and more walk," is what he wants
from government.

sions, to work for the union.

He says free-trade practices
and outsourcing have devastat-
ed manufacturing, and the rip-
ple effects now are touching the
public sector. Both political par-
ties, he said, "acknowledge they
understand what's wrong but
none of them want to do any-
thing with it.”

More than half of Corning's
24,500-strong payroll is now
based outside the United
States, he said. Walker sees
economic decline affecting
teachers, municipal workers
and other public servants like
never before.

"They've never quite under-
stood this whole battle we've
had in the private sector
because they've never ever
been affected by a real down-
turn in the economy. You're
having communities and states
looking at denying benefits to
community employees and
state employees because you've
eroded the tax base to a point
where nobody can sustain
themselves."

That opinion is echoed in the
North Carolina foothills of the
Appalachian Mountains, where
Scott Millar, 50, chief business
recruiter for struggling Cataw-
ba County, wishes U.S.-made
products could be given a
strong tax advantage.

"If you're going to expect
jobs to be in America, you
should buy American. Every



AP Photo/LM Otero

consumer, in their purchasing
habits, affects their own job. I
know that's a little more diffi-
cult, probably, to buy a shirt
that's made right here, but do
your best."

UP WITH TRADE

Honeywell is a $34 billion
company with 130,000 workers,
half outside the U.S. It makes
jet engines, the cockpit on the
space shuttle, home ther-
mostats, equipment for refiner-
ies and much more. The AP
asked Dave Cote, chairman and
chief executive, for ideas to
expand the U.S. economy when
he was traveling with Obama
in India, where the New Jer-
sey-based company employs
11,000.

Trade works for both sides,
Cote said. "The thing I can
point to is that since the
Phoenicians, 3,000 or 4,000
years ago, it works."

"As you grow everywhere,"
he said. "you start to add jobs.
In the U.S., for example, we've
been adding employment over
these last few months — things
have turned and we've actually
started adding at the same time
that we're growing globally.

"So this is not a zero-sum
game, and it's a tougher con-
cept to get across, but, God, it's

SEE page 7B



NOTICE

EUROCASTLE TRADING INC.

In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138(4) of the International Business Companies
Act. 2000, EUROCASTLE TRADING INC. is in
dissolution as of November 11, 2010.

International Liquidator Services Inc. situated at 3rd
Floor Withfield Tower, 4792 Coney Drive, Belize
City, Belize is the Liquidator.

LIQUIDATOR

NOTICE

LYON BUSINESS LTD.

In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138(4) of the International Business Companies Act.
2000, LYON BUSINESS LTD. is in dissolution as
of November 29, 2010.

International Liquidator Services Inc. situated at 35A
Regent Street, PO. Box 1777, Belize City, Belize is
the Liquidator.

LIQUIDATOR

NOTICE
Yanni Management Limited

In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138(4) of the International Business Companies Act.
2000, Yanni Management Limited is in dissolution
as of December 1, 2010.

International Liquidator Services Inc. situated at 35A
Regent Street, PO. Box 1777, Belize City, Belize is
the Liquidator.

LIQUIDATOR

NOTICE

CANDYTUFT INC.

In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138(4) of the International Business Companies Act.
2000, CANDYTUFT INC. is in dissolution as of
November 16, 2010.

International Liquidator Services Inc. situated at 3rd

Floor Withfield Tower, 4792 Coney Drive, Belize
City, Belize is the Liquidator.

LIQUIDATOR



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

TUESDAY, DECEMBER 7, 2010, PAGE 7B





economy mov



AP Photo/Wilfredo Lee

LARRY KAREL, 71, shown in his office, Monday, Nov. 15, 2010 in Aventura, Fla.

FROM page 6B

the truth.”

Yet Cote sees something
even more important for the
government to do than to
encourage the free flow of com-
merce. It relates to his work on
Obama's bipartisan deficit com-
mission, which produced a
report Friday recommending
$4 trillion in budget savings
over a decade by curbing Social
Security, raising taxes and
deeply cutting spending.

"That debt problem needs to
be solved or the seeds of the
next recession have already
been planted,” he told AP. “If
that doesn't get sorted out, then
almost nothing else we do is
going to matter."

He said: "People want to
point to stimulus spending,
Bush tax cuts, or Obamacare
and blame that — and those
are all sideshows."

INNOVATION NATION

In Durham, N.C., Bill Brown
co-founded 8 Rivers Capital, a
private equity firm supporting a
lab that is designing and test-
ing systems to make renewable
energy from the burning of
algae. The government has put
money into the project.

"The private sector has some
things that would truly change
the economy," he says. "Yet it
needs government support right
now."

Brown says that when Presi-
dent Ronald Reagan success-
fully pushed for a higher invest-
ment tax credit and hefty
upfront depreciation
allowances in the early 1980s,
leading-edge businesses took
off. "Without fostering this sort



(AP Photo/Wilfredo Lee)
LARRY KAREL, 71, shown in his
office, Monday, Nov. 15, 2010
in Aventura, Fla.

of innovation, we don't have a
hope of using the productivity
engine to get out of our current
economic rut."

CALL A MEETING

Indra Nooyi is chairman and
CEO of PepsiCo., the New
York-based multinational bev-
erage and food company
employing 110,000 in the USS.
The Indian-born executive is
one of the most powerful
women in business.

"My dream would be that
the president convenes existing
or retired CEOs and says, 'Go
to work and figure out how we
prepare a long-term plan for
the country so we can grow the
country's manufacturing base,"”
she said. "I think as a country
we have to sit down and talk
about the sectors that we want
to create in the United States
over the next 20-30 years — I
mean, almost a business plan
for the country — and then fig-
ure out how we're going to
plan, fully invest behind these

DHL.

AP

CAREER OPPORTUNITY

Courier

We at DHL Express Haharnas, 2 leading worldwide ransportation company are seeking
to expand aggressively inthe marketplace and have an immediate need foe a Couner foe
our Nassau office. This position wil be fll me and will report to the Chperations

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Esrelbot Interperaneal skids
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Excelent onving skills

Working knowledge of computer applications

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Please aubenit apg lications no later than Desember 17, 3010



into the future."

MORE WALK

government.

"You've got to back up what ; we're coming up with a solu-
you're saying with physical tion, even if it's not 100 percent

change that we can see. Amer- } what I want or 100 percent

ican people don't care about i what the Republicans want,"

what we don't see. We care i Obama said.

about the stuff we deal with on }
a day to day basis, buying gro- } meeting were Vice President

ceries, having enough money ; Joe Biden, House Speaker

to put gas in the car, the price ; Nancy Pelosi, House Majority
; i Leader Steny Hoyer, Senate
But words and meetings mat- ;
ter to Mark Peters, 53, who } and Senate Democratic whip
! 1a Dick Durbin.

Nursery in Colfax, N.C., in }
1982, right after college. He } completed this week. An
employs 28 people. A regis- } increasing sense of urgency to
tered independent, Peters says : complete the deal has set in at
? the White House, which also

lift if people were convinced } wants the Senate to ratify a

that Obama and congressional } pyclear arms treaty with Russia.

Republicans were committed $ But time is running out for law-
i makers in Congress’ lame-duck

From that, he says, a real ? gegsion,

plan to grow the economy }
could be found. "More than ; with Democrats Monday was
anything right now, it’s just hav- : designed to identify what pro-

ing that confidence that every- i visions would have to be in the
thing's OK, and I'm not going : tay deal to win Democratic sup-
to lose my job, and I'm going to } port.

of gas going up."

founded Piedmont Carolina

the economy would get a real

to working together.

be able to pay my bills.”

Werner in Mumbai, India;
Suzanne Gamboa in Washing-

Detroit.

President Barack Obama

? called Democratic leaders to
i the White House Monday in
i hopes of advancing a year-end
: bipartisan compromise to
i extend expiring tax cuts for all
i Americans and renew jobless
i benefits for the long-term
? unemployed.

Some Democrats have com-

i plained that the White House
? was surrendering too much to
? the Republicans by agreeing to
? include the upper income in
i any tax cut deal.

The White House also

: sought renewal of several other
? tax provisions that are expir-
i? ing. These were initially includ-
sectors, so that we can actually | qin the 2009 economic stimu-

get manufacturing jobs back to } tus bill and include a tax credit

the United States and keep a i for Jower- and middle-class

base of employment going well i wage earners, even if they don't
i make enough to pay federal
? income taxes, breaks to offset
i college tuition and breaks for
i companies that hire the unem-
i ployed.

Bearded, blue-eyed and lean, } apes
Dallas barista Adam Gaynier, } geal during a speech in North

24, says it will take more than i Carolina Monday, saying he
meetings to make people } would cede ground in his posi-

believe in their economic future } tions to help Republican and

bi " « rs
again. "Less talk and more } Democratic lawmakers work

walk," is what he wants from out a deal.

Obama signaled a looming

"We've got to make sure

Among those expected in the

Majority Leader Harry Reid

All sides say a deal could be

The White House meeting

Questions remained about

i how many concessions Obama

: could extract from Republicans

Contributing to this report i in exchange for extending cur-
were AP writers Linda Stewart } rent tax rates for high earners, a
Ball in Dallas; Emery P. Dale- + proposal he opposed. But with-
Raleigh, N.C.; Ben Dob- }

sto it Katergn, IN.\.; DEN 00” + out action, lawmakers face the
bin in Rochester, N.Y.; Matt } prospect of delivering a tax hike
Sedensk M > Michael }
edensxy In Miami, Michael + to all taxpayers at the end of
Liedtke in San Francisco; Erica + the year, when the current rates
? expire and revert to higher pre-

ass 8- + 2001 and 2003 levels.
ton; and Corey Williams in

Negotiations between the

; Obama administration and a

RRR Ree 2 ee BB

Requirements:

’m lovin’ it
Employment
Opportunity

HOSTESSES
NEEDED

(Store Activities Representative)
for leading Fast Food Franchise

¢ Must be a High School Graduate

¢ Must be Customer Service Driven

¢ Must be Friendly and Courteous, and have
an Outgoing Personality

¢ Must have Excellent Oral and Written
Communication Skills

¢ Must be able to Work Flexible Hours
including Weekends

¢ Must Love Working with Children

¢ Experience in Hospilitality is preferred.

McDonald’s offers excellent benefits!
Please submit Resume to:

Human Resources Department
McDonald’s Head Office on Market St. North
P. O. Box SS-5925
Telephone: 325-4444
Nassau, The Bahamas

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

bipartisan group of lawmakers
centered on a two-year exten-
sion of current rates.

At the same time, a jump in
the unemployment rate to 9.8
percent is putting pressure on
Republicans to accede to Pres-
ident Barack Obama's demand
that Congress extend unem-
ployment insurance for a year.
GOP congressional leaders had
opposed an extension of bene-
fits without cuts elsewhere in
the federal budget.

"I think most folks believe
the recipe would include at
least an extension of unem-
ployment benefits for those
who are unemployed and an
extension of all of the tax rates
for all Americans for some peri-
od of time," Sen. Jon Kyl of
Arizona, the Senate's Repub-
lican negotiator in the talks,
said Sunday.

Central to the deal, White
House officials and Democrats
said, is an extension of unem-
ployment benefits.

"Without unemployment
benefits being extended, per-
sonally, this is a nonstarter,"
said Sen. Dick Durbin of Ilhi-
nois, the second-ranking mem-
ber of the Senate Democratic
leadership.

Republicans have insisted
that any extension of jobless
aid be paid for with cuts else-
where in the federal budget.
The White House opposes that,
saying such cuts are economi-
cally damaging during a weak
recovery.

Sen. Orrin Hatch, R-Utah,
said Republicans would proba-
bly cede that point to the
Democrats.

"Let's take care of the unem-
ployment compensation even
if it isn't ... backed up by real
finances," Hatch said. "We've
got to do it. So let's do it. But

e Democrats meet with
Obama over tax cuts deal

? JIM KUHNHENN,
i Associated Press
i WASHINGTON

that ought to be it." About 2
million unemployed workers
will run out of benefits this
month if they are not renewed,
and the administration esti-
mates 7 million will be affected
if the payments are not extend-
ed for a year.

Senate Republican leader
Mitch McConnell on Sunday
said discussions are still under
way on a variety of unresolved
issues.

Any deal would require the
approval of the House and Sen-
ate, and the president's signa-
ture. Obama told Democratic
congressional leaders Saturday
that he would oppose any
extension of tax rates that did
not include jobless benefits and
other assistance his administra-
tion was seeking.

The short-term tax and
spending debate is unfolding
even as Congress and the Oba-
ma administration confront
growing anxieties over the fed-
eral government's growing
deficits.

A presidential commission
studying the deficit identified
austere measures last week to
cut $4 trillion from the federal
budget over the next decade.

The movement toward a pos-
sible compromise came after
Republicans blocked Democ-
ratic efforts in the Senate Sat-
urday to extend the current tax
rates on all but the highest
income levels. Republicans pre-
fer extending all the tax rates
permanently, but that cannot
win legislative approval either.
Even if it did, Obama would be
sure to veto.

Durbin and Kyl spoke Sun-
day on CBS' "Face the
Nation," while Hatch appeared
on CNN's "State of the Union"
and McConnell on NBC's
"Meet the Press."

COMMONWEALTH OF THE BAHAMAS 20bCLE quits

Is THE SUPREME COURT

Common Law & Equity Side

IN THE MATTER OF all that piece parcel or lot of land
comprising 2.62 Actes situate Southwards of Amdros Anglers
Club on the Island of Andros one of the Islands of the
Commeanwealth of The Baharas.

AND

IN THE MATTER of The Cuieting: Tithes Act, 1459

AND

IN THE MATTER of the Petition of Coconut Farm Limited

NOTICE OF PETITION

The Petition of COCONUT FARM LIMITED a company
incorporated under the laws of the Commonwealth of The

Bahamas in respect of:

“ALL that piece parcel or lot of land originally thought to
contam 2.6178 acres and now shown to comprise 2.62 acres
situate Southwands of Andros Anglers Club on the Island of
Andros and bounded as follows: on the NORTHWEST by
land the property of James M_ Halron and running therein Four
hundred and Six (406) feet more or less on the WORTHEAST
by the sea at high water mark and running thereon Three
hundred and Nine (300) feet more of less on the SOUTHEAST
by Reeves Street and minning thereon Three hundred and
Eleven (311) feet more or less on the South by a junction of
Reeves Street and Sawimp Street and running thereon in an an
Sixty-two and Ninely-eight hundredths (62.98) feet and on the
SOUTHWEST by Swamp Street ond running thereon Two
hundred and Seventy-five and Ninety-two hundredths (2753.92)
feet and which said parcel of land has such position shape
marks boundaries and dimensions a3 shown on the plan filed
herein and thereon coloured Pink.”

COCONUT FARM LIMITED elains to be the owner in fee
simple im possession of the said land free from encumbrances
and has made Application ta the Suprene Court in the
Commonwealth of The Bahamas under Section 3 of The
Quieting Titles Act, 1959 to have its ttle to the said land
Investigated and the nature and extent thereof determined and
declared in a Centificate of Title to be granted by the Court in
accordance with the provisions of the said Act.

A plan of the said land may be inspected during normal office

hours in the following places:

ja) The Registry of the Supreme Court in the said City of

TSpeesg0u;

(b) The Chambers of McKinney, Bancroft & Hughes, Mareva
House, 4 George Street in the City of Nassau, Attomeys

for the Petitioner; and

ic) The Office of the Adminisirater at Nicholls Town, Andros,

Notice is hereby given thal any persons having dower or a right
of dower or an Adverse Claim or a claim not recognited in the
Petthon shall on or before the eh day oft January, U1) file
in the Supreme Court and serve on the Petitioner or the
undersigned a statement of their claim in the presonibed fon, verified
by an Affidavit to be filed therewith. Pailure of any such person
to file and serve a statement of his claim on or before the said
20th day of January, AD., 2011 will operate as a bar to such

claim.

Dated the 1th day of November, A.D, S000

McKINANEY, BANCROFT & HUGHES
Mareva Howse
George Street
Nassau, The Bahamas.
Attormeys for the Petitioner


PAGE 8B, TUESDAY, DECEMBER 7, 2010

THE TRIBUNE





European debt crisis
weighs on the euro

NEW YORK

A dispute between European
leaders on whether to expand
emergency support measures
weighed on the euro Monday,
according to Associated Press.

In late trading in New York,
the euro fell to $1.3322 from
$1.3375 late Friday. After sink-
ing about 10 percent through
most of November, the euro
got a small bounce late last
week because traders suspected
that the European Central
Bank increased the rate of its
bond purchases to help calm
debt markets.

The U.S. government also
released a disappointing jobs
report on Friday that hurt the
dollar.

Europe's woes offset con-
cerns about U.S. growth on
Monday. Federal Reserve







INTERNATIONAL
BUSINESS

Chairman Ben Bernanke had
said Sunday that the economy
is still struggling to become
"self-sustaining" without the
government's help. He added

that the Fed was willing to buy
even more than the planned
$600 billion in Treasury bonds
over the next eight months if
necessary.

The Fed is buying bonds in
an effort to drive U.S. rates
lower to get consumers bor-
rowing and spending more.
Lower rates tend to weigh ona
currency, and the dollar
declined steeply from late sum-
mer until a deepening debt cri-
sis in Ireland focused investors’
attention back on Europe.

In November, the European
Union created a bailout pack-
age for Ireland, the second
European country to receive
emergency financing aid this
year. Greece was bailed out in
May. Investors are now wor-
ried that Portugal or even Spain
may be next, and that the funds
allotted for emergency aid may

not be enough to help Spain if it
should require aid.

European officials argued
Monday over whether to com-
mit more money to help stabi-
lize the euro. The euro bloc's
president, Jean-Claude Junck-
er, argued that a pan-European
bond would boost confidence
in the region and its shared cur-
rency.

Germany, Europe's largest
economy, weighed in against
the bond and said the current
bailout fund was big enough.

In other trading Monday, the
British pound fell to $1.5721
from $1.5741, while the dollar
dropped to 82.60 Japanese yen
from 82.90 yen.

The U.S. currency dipped to
1.0041 Canadian dollars from
1.0045 Canadian dollars, but
gained to 0.9815 Swiss francs
from 0.9777 Swiss francs.

TREASURYS CHARGE HIGHER AFTER BERNANKE INTERVIEW

MATTHEW CRAFT,
AP Business Writer
NEW YORK

The prospect of the Federal Reserve
expanding its bond-buying program gave
Treasurys a lift Monday. Fed Chairman
Ben Bernanke said the bank could boost
the $600 billion effort if the economy needs
it.

In a taped interview with CBS’ "60 Min-
utes" that aired Sunday night, Bernanke
said the economic recovery is barely "self-
sustaining.” He defended the Fed's $600
billion plan, which was launched last month
and aimed at lowering long-term interest
rates. The 10-year note rose 46.8 cents in
Monday afternoon trading. That pushed

NOTICE

the yield down to 2.95 percent from 3.00
percent late Friday.

Bernanke said another recession was
unlikely but he also warned that persis-
tently high unemployment remains a threat.
The government reported Friday that the
unemployment rate rose to 9.8 percent in
November, a seven-month high. Bernanke
said it could take four or five more years to
cut that rate in half.

A common criticism of the Fed's pro-
gram, voiced by Republicans in Congress
and many investors, is that it risks creating
out-of-control inflation. Bernanke respond-
ed to the charge, saying he had "100 per-
cent confidence" the Fed could move
quickly enough to prevent that from hap-
pening.

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
for Nationality and Citizenship, P-O.Box N-7147

NOTICE

MARONE HOLDINGS, LTD.

Pursuant to the Provisions of Section 138 (8) of the

Minister responsible
, Freeport, Bahamas.

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

General on the 24" day of November, 2010.

DELANO ARANHA
Liquidator
of

by the Registrar

"We could raise interest rates in 15 min-
utes if we have to," Bernanke said. "So,
there really is no problem with raising rates,
tightening monetary policy, slowing the
economy, reducing inflation, at the appro-
priate time. That time is not now."

In other trading Monday, the 30-year
bond rose 71.8 cents. The higher price
nudged the 30-year yield to 4.27 percent
from 4.31 percent late Friday. The two-
year yield also inched lower, to 0.43 percent
from 0.47 percent.

Treasurys may lose ground in the coming
days as the government adds more supply
to the market. The Treasury will auction
$66 billion in new bonds this week, starting
Tuesday with the sale of $32 billion in
three-year notes.

NOTICE

NOTICE is hereby given that AVON R. LEE OF FAITH AVENUE
NORTH, P.O. BOX CR-54774, NASSAU, BAHAMAS, is
applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen of The
Bahamas, and that any person who knows any reason why
registration/ naturalization should not be granted, should send
a written and signed statement of the facts within twenty-eight
days from the 7TH day of DECEMBER, 2010 to the Minister
responsible for Nationality and Citizenship, P.O.Box N-7147,
Nassau, The Bahamas.

LEGAL NOTICE

NOTICE

MRL International Resources Limited

INTERNATIONAL BUSINESS COMPANIES ACT

(No.45 of 2000)

In Voluntary Liquidation

Notice is hereby given in accordance with Section 138 (4) of
the International Business Companies Act, (No.45 of 2000),
MRL International Resources Limited is in dissolution.
Ms. Alrena Moxey is the Liquidator and can be contacted at
Winterbotham Place, Marlborough and Queen Street, Nassau,
The Bahamas. All persons having claims against the above-
named company are required to send their names addresses
and particulars of their debts or claims to the Liquidator before

the 17th December, 2010.

MARONE HOLDINGS, LTD.

ROYAL S FIDELITY

S2wk-Low
1.00,
S.6F
4.50
0.18
2.70
2.14
9.62
2.36
5.40
1.63
1.60
5.94
7.23:
8.77
3.75
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

€

Cr AL

BISX LISTED & TRADED SECURITIES AS OF:
MONDAY, 6 DECEMBER 2010
BISX ALL SHARE INDEX: CLOSE 1,482.75 | CHG 0.01 | %CHG 0.00 | YTD -82.63 | YTD % -5.28
FINDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%
WWW.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-2320

Morey al Work

Previous Close Today's Close
1.01 1.01
10.63 10.63
4.90. 4.90
0.18 0.18
2.70 2.70
Z2A1F 2.17
10.46 10.46
2.40
6.85
1.81
1.60
6.07
7.23
9,39
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
0.00
0.01
0.00
0.00
0.00
0.00
0.00
0.00
0.00

2.40
6.85
1.82
1.60
6.07
7.23
9,39
5.46
1.00
5.59.
9.82
10.00

0.00
0.00.

Daily Vol.

EJ FG CAPITAL MARKETS
S BROKERAGE & ADVISORY SERVICES

Lee

fev Fc WT AT.

EPSS
0.150
0.013
0.598

-O.877
0.168
0.016
1.050
0.781
0.422
oO.114
0.199

-0,003
0.287
0.645
0.366
0,000
0.012

Div $

0.971
O.991

BISX LISTED DEBT SECURITIES - (Bonds trade on a Percentage Pricing basis)

52wk-Hi__S2wk-Low, Security
Bahamas Note 6.95 (2029)

Fidelity Bank Note 17 (Series A) +
Fidelity Bank Note 22 (Series B) +
Fidelity Bank Note 13 (Series C) +

Fidelity Bank Note 15 (Series D) +

Symbol Last Sale
BAH29.
PREF?
FBB22
FBB13

Change

99.46
100.00
100.00
100.00
100.00

0,00.
0,00.
0.00.
0.00.

FBB15 0.00.

Daily Vol.

Interest
6.95% 20 November 2029
7% 19 October 2017
Prime + 1.75% 19 October 2022
7% 30 May 2013
Prime + 1.75% 29 May 2015

RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)

Symbol
Bahamas Supermarkets
RND Holdings

ABDAB
RND Holdings

Fund Name
CFAL Bond Fund
CFAL MSI Preferred Fund
CFAL Money Market Fund

1.4076
2.8300
1.4954
2.8522
13.0484
101.6693
99.4177
1.0000,

Royal Fidelity Prime Income Fund
CFAL Global Bond Fund

CFAL Global Equity Fund

FSG Financial Preferred Income Fund
FG Financial Growth Fund

FG Financial Diversified Fund

1.0000
1.0000
99,1005
Protected TIGRS, Series 1
10.0000
Protected TIGRS, Series 2
9.1708
Protected TIGRS, Series 3
4.8105

BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00
52wicHi - 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

Royal Fidelity Bahamas G & | Fund

Royal Fidelity Intl Fund - Equities Sub Fund

Last Prime
14.00

Bid &
5.01

Ask
6.01
0.35 0.40 0.55
CFAL Securities Ltd. (Over-The-Counter Securities)
30.13 31.59 29.00
0.45 0.55 0.55
BISX Listed Mutual Funds
NAV YTD% Last 12 Months %
1.5122 5.11% 6.79%
2.9187
1.5683
2.8624
13.5642
114.3684
106.5528
1.1367

1.10%
4.06%
8.16%
1.47%
9.98%
4.75%
4.30%

3.13%
4.67%
-7.49%
2.95%
12.49%
7.18%
5.21%
1.0974
1.1363

2, FB
4.18%

6.87%
5.78%

Royal Fidelity Bah Int'l Investment Fund Principal

9.7458 4.35% 5.22%

Royal Fidelity Bah Int'l Investment Fund Principal

10.6000 -1.59% 4.26%

Royal Fidelity Bah Int'l Investment Fund Principal

9.5037 -4.96%
8.1643 5.79%
MARKET TERMS

-4.96%
9.42%

Daily al. EPS $
-2.945

0.001

Div
0.000
0.000

4.540
0,002

0,000
0.000

NAV 3MTH
1.490421
2.919946
1.548897

NAV GMTH
1.467397
2.911577
1.532712

31-Oct-10
30-Sep-10
26-Nov-10
31-Aug-10
30-Sep-10
30-Jun-10
30-Sep-10
31-Oct-10

109.392860
100.779540

107.570619
105.776543

31-Oct-10
31-Oct-10

31-Oct-10

31-Oct-10

31-Oct-10
31-Oct-10

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



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



Na aU aa das
Ue

(AP Photo/Paul Sakuma)
HOLIDAY HIGH: High gas prices on display at a Shell gas station
in San Francisco, Monday, Dec. 6, 2010. Americans are getting
a sour holiday surprise at the gas pump, where prices are at the
highest they’ve been in over two years. Although supplies remain
plentiful and gasoline demand has diminished since September,
retail gas prices are rising because oil prices are at the highest lev-
els since October 2008.

SANDY SHORE,
AP Business Writer

Americans are getting a sour holiday surprise at the gas pump,
where prices are at the highest they've been in over two years.
They may even hit a national average of $3 a gallon by January.

Although supplies remain plentiful and gasoline demand has
diminished since September, retail gas prices are rising because
oil prices are at the highest levels since October 2008. The two-
week advance paused on Monday as benchmark oil for January
delivery rose 19 cents to settle at $88.96 a barrel on the New York
Mercantile Exchange. A stronger dollar kept prices in check for
most of the session. Since oil and other commodities are priced
in dollars, a stronger dollar makes them more expensive for
buyers who use other currencies.

The national average for a gallon of regular gasoline hit $2.951
on Monday, according to AAA, Wright Express and the Oil
Price Information Service. That's nearly 10 cents higher than a
week ago and 32 cents more than a year ago.

"The U.S. has never spent Christmas with a $3-a-gallon aver-
age price for fuel," OPIS said. It's the highest national average
since Oct. 19, 2008, according to OPIS. Prices have risen 30 to 40
cents from year-ago levels in nearly half the states, and many
motorists already pay $3 a gallon or more.

For example, prices range between $3.055 a gallon to $3.519 a
gallon in Washington, California, Delaware and Maine. Drivers
in Nevada, Oregon, North Dakota, Illinois and Wisconsin, among
others, pay between $2.96 a gallon and $3.027.

Colorado, Wyoming, New Mexico and Texas have some of the
cheapest pump prices, from $2.682 a gallon and $2.812 a gallon.

If oil prices linger in the current range near $90 a barrel, the
national average could reach $3 before the end of the year, sev-
eral analysts say. "We're within spitting distance right now,”
said Stephen Schork, an energy analyst and publisher of The
Schork Report. "Whether we get there by the end of the year or
by the end of January, as far as consumer's concerned, we're there
already by a psychological standpoint.”

For every penny the price at the pump increases, U.S. con-
sumers pay an additional $4 million, according to Cameron
Hanover energy analysis agency. On an individual basis, a
motorist who bought 10 gallons of gas Monday, on average, paid
about $3.20 more than a year ago.

Schork expects energy demand to waver with prices between
$2.90 a gallon and $3 a gallon. If oil reaches $100 a barrel, retail
gas prices will be around $3.30 a gallon or higher, which would be
a "significant obstacle" for motorists, he said.

In other Nymex trading in January contracts, heating oil lost
1.17 cents to settle at $2.4757 a gallon, gasoline fell 1.04 cents to
settle at $2.3417 a gallon and natural gas rose 13.9 cents to settle
at $4.488 per 1,000 cubic feet.

In London, Brent crude added 3 cents to settle at $91.45 a bar-
rel on the ICE futures exchange.

Forecasters see continued recovery in ad spending

ANDREW VANACORE,
AP Business Writer
NEW YORK

The amount of money spent on advertising will continue to
rebound over the next few years after a sharp drop during the
recession, according to several new forecasts.

The continued growth is a positive sign for the economy as a
whole, suggesting businesses are feeling more confident that
they can lure new customers.

But the recovery in ad spending is not showing up across the
board. Instead, forecasters expect advertisers will continue to
shift dollars to the Web and away from traditional media such
as newspapers. And, reflecting broader economic trends, they
expect emerging economies to grow much faster than their
developed counterparts.

The key takeaway from the latest figures is the "continued
rise of developing markets and digital media, and their central
role in driving global growth," said Steve King, the head of
ZenithOptimedia.

Zenith, a forecaster owned by the ad agency Publicis Groupe
SA, said Monday that global ad spending will end the year up
4.9 percent over 2009 at $449.7 billion. That's slightly better than
the company's previous forecast of 4.8 percent.

Zenith expects 4.6 percent growth in 2011 and 5.2 percent
growth in 2012 and 2013.

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, PERQUELL PATRICE
COOPER of #10 Beach Way Drive, Freeport, RO.Box

F-41508 intend to change my child’s name from
STEVONNIA ANTHONICA SALESMAN to STEVONNIA
ANTHONICA COOPER If there are any objections to
this change of name by Deed Poll, you may write
such objections to the Chief Passport Officer, RO.Box
N-742, Nassau, Bahamas no later than thirty (80) days
after the date of publication of this notice.


THE TRIBUNE

TUESDAY, DECEMBER 7, 2010, PAGE 9B





The Tribune





Territorial
hehtaviour
in dogs

TERRITORIAL behaviour
in dogs reminds us of their
wolflike ancestors. This behav-
iour includes defensive and
offensive territorial aggression
territorial marking (urine,
stool, scratch marks etc) or ter-
ritorial investigation.

Territorial investigation

When a dog investigates his
territory itis crucial for their
survival. By investigating its
suroundings it provides infor-
mation regarding natural
resources, detection of intrud-
ers that would compete for
food and water or threaten
the safety of young. Males
tend to explore larger areas
than do females.

Territorial marking

Dogs claim their territory
by leaving deposits of urine
or stool. Urine may be voided
in a crouching position or a
standing position with a lifted
leg. Both males and females
urinate in either position,
though vertical surfaces
(trees, lamp poles) are more
often targeted by mature
males. A dog's wall around
the neighbour is equivalent
to the territorial patrol of its
wild relatives (wolves etc).
Unmarked areas as well as
previous traces of other dogs
are marked by fresh deposits
of urine or stool.

A dog's territory includes
the area surrounding its home
and eventually anywhere your
dog has explored.

Territorial Aggressiveness

This may begin as a dog
approaches sexual maturity at
6 months of age, but may not
develop fully until 3 years of
age. Not all dogs are born
with equal territorial instincts.
Many pet owners view terri-
torial aggressiveness as desir-
able. A dog that is praised for
barking when it is startled by
noise outside may eventually
become a good watchdog. For
the most part, however, unless
the dog has some inborn pre-
disposition, it may be difficult
for the average pet owner to
train a reliable watchdog. Still
the intimidating effect of a
large dog's size may compen-
sate for it sociable nature.

Dog owners can uninten-
tionally encourage undesir-
able territorial behaviour.
Barking and other forms of
aggressiveness can be rein-
forced by attention, even if
the attention is negative, such
as scolding. Tolerating objec-
tionable behaviour is the
same as encouraging it.

Solutions

If your pet has become a
problem, teach it the limits of
acceptable behaviour. Train
your dog to sit and stay when
anyone, including you, enters
or leaves the home. If neces-
sary use a leash during train-
ing. Teaching your dog to
assume a calm and controlled
attitude reinforces its submis-
sive rank. The dog will grad-
ually understand that it need
not defend against or fear vis-
itors. Territorial defense in
males is not affected by cas-
tration though this may
reduce the size of their terri-
tory and the frequency of ter-
ritorial marking. Other types
of aggression influenced by
sexual hormones, however,
may contribute to the intensi-
ty of territorial aggression by
adding to the dog's motiva-
tion or to its general state of
arousal. Look for signs of
infection. With surgical
patients you should always
follow closely any post-oper-
ation instructions given to you
by your veterinarian.







AGE: 3 - ADULT

1: 394-6709



partner, Yodephy and Strut co-organiser, Debbie Geear-Bethell, partner Yodephy Strut co-founder, and DeGosta Bethel, past president, Reach.

Strut for Life donates over $10,000
each to Sister Sister and Reach

By ALESHA CADET
Tribune Features Reporter

HRISTMAS comes early
( this year for Sister Sister

and Reach as the organ-
isers of Strut for Life recently
donated ten thousand dollars
to the Breast Cancer Support
Group and an additional ten
thousand dollars to Reach, the
Autism support Group.

The Strut for Life organisers also
presented a cheque for ten thousand
dollars to DeCosta Bethel, the past
president of Reach, who has an autis-
tic son and a daughter who attends
‘Yodephy,

The organisers of Strut for Life and
‘Yodephy partners Phyllis Garraway
and Debbie Geear Bethell raised the
twenty thousand dollars by walking
60 miles in Long Island over a three
day period in the much publicised
Strut for Life fundraiser.

The walk was one of several activ-
ities organised by Yodephy in its cel-
ebration of Yodephy’s 20th anniver-
sary. The dance and modeling agency
with an enrollment of over four hun-
dred children is located on Top of

the Hill, Mackey Street, next door to
Satellite Bahamas is over twenty
years old.

“The inspiration for Strut for Life
came because Yodephy has mothers
and has had many mothers who have
had or have breast cancer over the
past twenty years, and similarly some
of those mothers also have children
who have autism,” Mrs Garraway
said.

Helen Rolle, Sister Sister secretary
said the cheque “really meant a lot”
to her, as she received the donation
on behalf of the Sister Sister Breast
Cancer Support Group. “It says to
me that we are able to help those
unfortunate women out there who
camnot afford a port(a device placed
inside a cancer victim to dispense
medication regularly). Those who
camnot afford the first step of treat-
ment on their road to recovery,” Mrs
Rolle said.

Mrs Greer- Bethell added: “We
have a mother who is a recovered
breast cancer patient who was plan-
ning to participate in the Susan
Komen “Race for the Cure” walk in
the States, so we asked, why go to
the States? Why not do it here? How-
ever, when we started walking and

training, there were so many close
calls with cars and jitneys, that we
decided it would be better to do itin
Long Island with one straight road,”
she explained.

The group had lots of assistance
from Long Islanders. Over twenty
one people walked and assisted with
the driving of the cars. The students
from Mangrove Bush Primary also
participated by walking a mile.

“A lot of persons in Long Island
have got breast cancer too,” Mrs
Greer -Bethell said. “One of the per-
sons of the support vehicles had lost
her mother to breast cancer too, so
she was happy to provide us with any-
thing we needed. She rallied up oth-
ers to help us and it was really won-
derful,” she said.

Support

Corporate Bahamas also stepped
in to lend their support. Mrs Gar-
raway said “Donations are still com-
ing in and are still welcome. We are
still selling pins, autism bracelets and
T-shirts.”

“It’s a joy today to receive this
cheque when today we had two
young females, both thirty six years

old needing surgery and needing
ports,” said Nurse Charlene McPhee,
co founder of the Sister Sister Breast
Cancer Support Group.

“Both women are young mothers
with children who were not able to
afford the ports because they are not
working. So, it’s marvelous to know
that there are corporate companies,
like Yodephy and those who sup-
ported Strut for Life, donating to Sis-
ter Sister so we can give them new
ports, so that these women don’t have
to have two surgeries,” she said.

The Sister Sister Breast Cancer
support group, arose out of the mul-
ti-practice offices of The Surgical
Suite at Centerville Medical Centre,
Collins Avenue. It was co-founded
by certified lap band doctor Charles
Diggiss, CMO of Doctors Hospital
and President of the MedNet Group
of Companies, Dr Locksley Munroe,
Southern Community General Clin-
ic and Nurse Charlene McPhee, Man-
ager of the Surgical Suite. The Sur-
gical Suite is a member of the Med-
Net Group of Companies.

Reach is located in Palmdale off
Madeira, next door to McDonald’s.
The president of Reach is Mario
Carey of Mario Carey Real Estate.



Foot health tips for the holidays

DURING this festive season, many
persons will be on their feet for extend-
ed periods. In preparation for the sea-
son's celebrations, many are cooking,
baking and decorating. Then there are
the shop-a-holics who don't realise that
they are in for quite a workout, the
constant moving from store to store
and standing in cashier lines for extend-
ed periods. Finally, there are the party
goers who are more concerned about
mixing and mingling, than their feet.

Most people, and more so women,
don't wear the proper walking or stand-
ing gear for these activities. Instead of
wearing a supportive sandal while
cooking, baking or decorating, they opt
to go bare feet or wear flat flip flops
while standing for hours on tiled or
hard floors. On the other hand, we
have the shop-a-holics who want to
sport the season's latest heels - which
are obviously inappropriate for this
exercise.

Wearing improper footwear during
the holiday season will only result in
blisters, corns, calluses or worse....heel
pain. Heel spurs has been recognised as
one of the most common causes of heel
pain. Heel spurs occur when the long,
flat ligament on the bottom of the foot

TO DISCUSS STORIES O

develops tears that cause inflamma-
tion. Injury, hard surfaces and poorly
constructed footwear can account for
this condition.

Calluses are often found on pres-
sure-sensitive parts of the foot, such as
under the ball of the foot or under the
big toe joint. They can be sore and
even painful, much like having a pebble
under your foot. Calluses are some-
times sign of foot imbalance or of a
more serious problem concealed inside
the foot.

Corns on the other hand come in
two forms, hard corns and soft corns.
Hard corns usually start as red skin,
followed by a coating of callus, which
develops into a hard corn. Most hard
corns develop on the side of the little
toe, but are also found in other places
where there is steady pressure and

abrasion. Hard corns are almost always
caused by shoes of the wrong size or
shape or fit. On the other hand, the
soft corn is always found between the
web of the toes, usually between the
fourth and fifth toes. A soft corn is
white and damp. It can also be very
painful. It is caused by a constant
squeezing together of the toes as a
result of shoes too short or narrow at
the toes.

I wish to give the following advice to
readers this holiday season:

1. A supportive flip flop, loafer or even
running gear combined with a proper-
ly designed ‘foot bed' will put your foot
in its natural position for walking and
standing this holiday season.

2. Party goers should choose shoes with
a reasonable heel height of 1.5 to 2
inches. Look for shoes that provide
ample toe room (beware of pointed
toe styles) having a back strap or
enclosed back. The same holds true for
men with the exception of heel height.

3. If you are having trouble achieving
the appropriate fit with shoes you

already own, take them to a local spe-
cialty footwear store or Pedorthic facil-
ity and they can modify your shoes to
fit your feet.

4. Purchase a slim arch support that
your shoe can accommodate. Specialty
footwear stores and Pedorthic facili-
ties have options that will fit almost
any shoe.

As this is my final article to end 2010, 1
want to wish you comfort and joy this
holiday season! Remember when your
feet feel good so will the rest of your
body! Until next year - Happy Feet!



« Bernadetie D. Gibson, a Board Certified &

licensed Pedorthist, is the proprietor of
Foot Solutions, a health and wellness fran -
chise that focuses on foot care and prop -
er shoe fit, located in the Sandyport Plaza,

Nassau.

"The views expressed are those of the

author and does not necessarily represent
those of Foot Solutions Incorporated or
any of its subsidiary and/or affiliated com -
panies. Please direct any questions or com -
ments io nassau@footsolutions.com or
327-FEET (3338).


PAGE 10B, TUESDAY, DECEMBER 7, 2010



PRETTY IN PINK: New Guinea impatiens have lovely flowers and interesting leaves.

December

ardeners love Decem-
Gr Grass is growing

very slowly and needs
little attention, the weather is
cool for working and weed-
ing, and the vegetable plots
are producing.

Early bearing crops such as snap
beans, chard, lettuce, spmach, Chi-
nese cabbage, cucumber and squash
should already have given a harvest
or two while beets and carrots
approach the harvesting stage.
Tomatoes that were mature enough
to have flowers at the end of Octo-
ber have now set fruit and will bear
in mid-December, in time for Christ-
mas. A wonderful time of year
indeed.

We must remember that our gar-
den production will be ephemeral
unless we take measures to keep the
crops coming. Most vegetables can
be re-sown every month or so. Sweet
peppers should last throughout the
year and eggplants may need only
one more planting.

I would recommend at least three
sowings of carrots. They are true
120-day crops and it is satisfying to
have young plants on the way while
we enjoy the first fruits.

Now that the weather is cooler we
can start Irish potatoes. It is diffi-
cult to obtain true seed potatoes but
healthy specimens with eyes from
the food store do well enough. Cut a
potato into wedges, each wedge with
a prominent eye. Dip each into a
weak solution of bleach (10-1 water/
bleach) and allow to dry.

The potato pieces produce roots
from the cut area and new potatoes
are formed above. This means we
must bury the seed potato quite
deeply, five or six inches below
ground level. The soil beneath the
cutting should be lightly fertilised.
The hole can be left open and as the
stalks grow, they can be lightly cov-
ered until the greenery 1s above
ground level. The soil can then be
mounded around the base of the
plant.

Potatoes are ready for digging
when the plant flowers and then dies
back. Your potatoes may be smaller
than you are normally used to buy-



The truth about the flu: It’s
more serious than you think

(ARA) - Martin McGowan was a
healthy, athletic 15-year-old with a
passion for baseball. After his high
school baseball tryouts in early Feb-
ruary 2005, Martin was exhausted
and said his legs hurt from running.
He went to bed, and at 2.30 am that
morning, Martin's mother awoke to
hear her son vomiting in the bath-
room. He had a fever of 102 degrees.

Martin's symptoms progressed
throughout the morning, with the
pain in his legs worsening. His moth-
er called the doctor who recom-
mended either an appointment for
later that afternoon or to take Mar-
tin to the emergency room. Martin
said he needed to go to the emer-
gency room.

Once at the hospital, Martin's lips
were so white the ER doctor admin-
istered intravenous fluids. Martin
tested positive for influenza. As a
result of the influenza disease attack-
ing his muscles, he developed com-
partment syndrome, which limited

TO DISCUSS STORIES ON THIS PAGE LOG



ing but will have exquisite flavour.
Many people value small potatoes
more than large ones.

Cabbages and their kin - cauli-
flower, broccoli, Brussels sprouts,
etc. — are gross feeders and should
have small side dressings of fertiliser
applied while they grow. There is a
limit to this, however. A gardening
friend from Cherokee Sound, Aba-
co, told me that last year he grew
cauliflower that bore four-foot leaves
and broccoli that grew to six feet,
but neither crop produced any flow-
ering heads. This failure was no
doubt caused by over-fertilising.

Right about now you should have
a good idea of how your flowering
gardens will look for Christmas. If
you are not happy you can go to
your favourite nursery and buy
seedlings or adult plants to fill in
any gaps. It is usually in December
that nurseries receive shipments of
New Guinea impatiens. These often
have variegated leaves and are
attractive even when they are not
flowering. They like shade but can
take more sun than regular impa-
tiens.

If you have planted Christmas
poinsettias in your garden in the past
they should be ready to flower and
give a festive display. Sometimes,
home poinsettias bloom after Christ-
mas but will continue doing so until
after Easter.

Although grass may not be grow-
ing fast, itis still growing and needs
to be fertilised with high nitrogen in
order to keep the colour rich and
deep. Water the lawn well before
applying the fertiliser and then water
lightly again. St Augustine grass can
take a great deal of neglect but also
rewards good treatment.



* gardenerjack@coralwave.com

his blood circulation in his legs and
caused severe pain.

The doctors explained to Martin's
mother that he would need an oper-
ation as soon as possible. If the blood
flowing to Martin's legs ceased for an
extended period of time, they might
have to amputate his legs.

During the surgery, Martin's heart
stopped beating. Shortly after, Mar-
tin died of complications from
influenza, merely 24 hours after his
first symptoms appeared. Martin had
not been vaccinated against the flu.

After Martin's death, his mother,
Diane McGowan, joined Families
Fighting Flu, the only non-profit
organisation made up of families
who have experienced first-hand the
death of a child due to the flu or
have had a child experience severe
medical complications from the flu.

The flu is a serious disease that
spreads very easily. It can cause mild
to severe illness, and can lead to
death - even among healthy, older

REWARDERS: If you planted poinsettias into your garden last year or the year before they will be giving their own special

bonus for years to come.

children. According to the Centers
for Disease Control and Prevention
(CDC), annual vaccination is the
single best way to prevent influenza
in people of all ages.

“We should have gotten Martin
vaccinated," said McGowan. “Now,
I can only hope that his story will
be an encouragement for other fam-
ilies to get their children vaccinat-
ed every year."

During the 2009-2010 flu season,
the CDC estimated that 274,000 peo-
ple were hospitalised in the U.S.
from influenza - more than 85,000
of them were children. Tragically,
an estimated 1,200 children under
age 17 died from the flu last season.

“In developed countries, influen-
za kills more people than any other
vaccine-preventable disease," said
Jon Abrahamson, MD, chair of the
Department of Pediatrics at Wake
Forest University Medical School in
Winston-Salem, N.C., and a medical
advisor for Families Fighting Flu.



TO







Martin McGowan

RIBUNE242.C

THE TRIBUNE




THE TRIBUNE

TUESDAY, DECEMBER 7, 2010, PAGE 11B





The Little Pink Party welcomes



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LITTLE PINK BUSINESS: Guest socialise as they show off the swag bags.

By ALESHA CADET
Tribune Features Reporter

HE Little Pink Party brings

[ to women of all ages, a six

hour field trip into the
world of all things fashionable
this holiday season as they invite
you to The W Wonderland.

This magical event is said to be the
most celebrated shopping event for
Bahamian women this December, it was
designed and conceptualised to be a
weekend for girlfriends.

Hosted by the KhanAali Media
Group, the Little Pink Party (TLPP) "
The W Wonderand" will be a joyous fes-
tival featuring day and night events char-
acterising “Who What When Where
Women Want”.

The event will be held this upcoming
Saturday, December 11 at The Wynd-
ham Nassau Resort and Crystal Palace
Casino, starting at 11 am to 5 pm.

Going further on the TLPP The W
Wonderland, organisers say it is the ulti-
mate lady’s day out featuring boutiques
that offer gift items on everyone’s wish
list with live demonstrations of the latest
trends in fashion and holiday entertain-
ing.
Kandice Hanna, principle creative of
the The Little Pink Party told Tribune
Woman that the party happens twice a
year, a Spring Summer event and a Fall
Winter Event.

She continued: “It all began in May
of 2008, the theme around that event
was centered around the Sex and the
City movie and it grew into a bigger
event, We contacted the Cancer Society
to be apart of it.

“ The W Wonderland theme is apart of
a weekend celebration of womanhood
and although it is welcomed to every-
one, it is a celebration of all woman."

Ms Hanna explained that the Little
Pink Party is in aid of the Cancer Society
with special attention to Breast Cancer.

you to “The W Wonderland’







ALL SMILES: Kandice Hanna and members of TLPP.

“There are also woman groups that
will be attending the party. Support of
this noble, pro-social charitable cause
benefits the Cancer Society of The
Bahamas," she said.

“The little pink party is a fashion-
able opportunity to support the fight
against breast cancer."

This event is a cost effective oppor-
tunity for vendors and sponsors to get
up close and personal with over 1,500
highly targeted 21-45 year old females
across all key markets. It’s these “live
social networks” of girlfriends where
buzz and viral marketing starts.

Guests will enjoy delicious cocktails
and refreshments while sampling fab-
ulous products, services and holiday
inspired cuisines. There will also be
ready to wear fashions and special per-
formances on main stage. Loads of
giveaways and beauty items will also
be available in the little pink Swag
Bag.

The KhanAali Media Group is
brought to you in part by X-Press It
Inc., Nautilus, Bahamas Surgical First
Assistant Ltd., Lowe’s Wholesale, and
I Am Influence.

There is an entrance fee of $5.



Get caught looking glamorous this holiday season

(ARA) - While the holiday season is
one of the most joyous times of the year,
it can also be one of the busiest. Days
(and nights) are filled with shopping,
cooking, gift wrapping and of course cel-
ebrating at holiday parties with family
and friends.

So wherever the holiday season may
take you, it is always important to get
caught looking your absolute best.

“You don't want to be caught off guard
when you bump into someone while
you're doing last-minute holiday shop-
ping," says beauty expert Polly Blitzer. “If
you make a habit of using the right beau-
ty products from brands women trust - I
love COVERGIRL, Pantene, Olay and
Clairol - you'll look good day or night, no
matter where you're going, and no matter
what you're doing.

Now here are some more tips from
Polly to help you get caught looking glam-
orous:
© Update your wardrobe with a few sim-
ple items for a new glam look at each
gathering. Start with a simple dress (a
new little black dress is usually the most
versatile) and then accessorise with
scarves, jewelry, shoes and handbags.
One dress can be worn to many soirees
just by switching up the accents; this way,
you won't have to spend a lot of money
on several outfits.
¢ Puffiness and dark circles under your
eyes don't mix well with the stilettos and

TO DISCUSS STORIES ON THIS PAGE LOG

sequins you plan to wear to the season's
hottest party. So try Olay Regenerist
Anti-Aging Eye Roller to reduce under
eye puffiness in 30 seconds and look fresh
and radiant all season long.

* Foundation is the first step in creating a
flawless look, so make sure to pick a
product that provides adequate cover-
age, but also goes on sheer. COVER-
GIRL's Simply Ageless Foundation pro-
vides a flawless finish without settling
into fine lines and wrinkles throughout
the day. It also goes on sheer, making
imperfections seem to disappear while
improving skin condition over time.

¢ Don't show up at the party with naked
nails - head out to a salon or invite a
friend over for a manicure. Smooth cuti-
cles, buff rough nail edges, moisturise
frequently and paint them with a neutral
color that will work with many of your
holiday styles.

¢ To ensure you're not looking dreary
like the winter weather, dial up your
hair's colour and shine with Clairol Per-
fect 10 by Nice '‘n Easy. It gives hair high
gloss, high shine and gorgeous colour in
just 10 minutes.

¢ And finally, don't hide behind your dry,
frizzy locks when the cameras start flash-
ing. Pantene Pro-V Restore Beautiful
Lengths Shine Enhance Replenishing
Mask has an advanced formula to treat
rough, dull hair and will leave your tress-
es looking and feeling smooth and silky.

BEST DRESSED: Wherever the holiday sea-
son may take you, it is always important to
get caught looking your absolute best.

“Most importantly, don't forget to turn
on your brilliant smile and rock your look
with confidence every time you walk out
the door," says Blitzer.

¢ For more tips on how to get caught
looking glamorous this holiday season,
go to www.musthaveits.com.



TO







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SIELT





























@ Thr Alves Ape hat





By JEFFARAH GIBSON
Tribune Features Writer

Pageant are on a continued
mission to empower volup-
tuous women.

Since their inception five years ago,
the beauty organisation has been faced
with the challenge of suppressing the
idea that the only definition of beauty is
slim. They have been successful thus far.

Many ladies who were previous com-
petitors said that the organisation is grad-
ually dispelling the stigmas associated
with weight that exist in the Bahamas.

Current Ms Teen Plus Bahamas beau-
ty queen (a pageant also under the
umbrella of Esteem Productions) Jack-
lyn Frazer said that her reign so far has
been life changing. “I feel that the role
Esteem Production plays is one of
extreme importance because this
pageant within itself proves that dis-
crimination is not a barrier that should
exist and I also feel that this organisation
would prove to be an example and
dreams come true.”

Under the theme Metamorphosis:
“The Evolution of Beauty” the Ms Full
Figured Bahamas Beauty pageant will
give truth to dreams and light to imagi-
nation affording one lady, the chance to
become Miss Full Figured Bahamas
2011.

Currently the pageant is in the recruit-
ment stages and is seeking to fill spots
left for seven worthy competitors. The
deadline for applications is the end of
December.

As is stands, there are eight women
training for the big show down in next
year February. “The ladies have started
training in model and poise, dance, and
fitness which will go on until they are
officially launched as competitors to the
public. However it is not too late for
any lady that is interested in entering
the pageant,” said Rayette McDonald
founder and chief executive of Esteem

T: Ms Full Figured Beauty

















































Productions.

This year, pageant organisers have
introduced two new segments to the
event. Competitors will strut their curves
in a high fashion segment and show off
their creative genius in the costume seg-
ment.

And the young lady crowned queen
will represent the Bahamas at the inter-
national full figured pageant. She will
also be awarded with $2500 in cash
prizes as well as receive designers gowns.
Additionally the reigning queen will part
take in a photo shoot with international
photographers in Atlanta Georgia.

“On top of the prizes being offered,
women should enter the pageant
because it is for self enhancement. The
organsation puts the voice behind what
those believe about beauty and we want
to let persons know that no matter the
size they too can fulfill whatever dreams
they have,” she said.

Esteem Productions is a Bahamas-
based multimedia production company
founded by Rayette McDonald who also
serves as the company’s president and
chief executive officer established in 2005,
Esteem Production is the Bahamas’ lead-
ing organisation that is focused and com-
mitted solely to the enhancement of full
figured women.

“We seek to promote events and ini-
tiatives that empower and uplift the full
figured woman while expanding, revolu-
tionizing and redefining the current glob-
al standards of beauty,” Ms McDonald
said.

In addition to her extensive work with
Esteem Productions, Ms McDonald cur-
rently serves on the Board of Directors of
Junior Achievement and is an active con-
tributor to the Surrogate Aunt Programs
and the Bahamas Division Girl Guides.
She is a motivational speaker and has
addressed hundreds of students by
spreading her message of encouragement
and the importance of living to one’s
fullest potential.

For more information contact 393-2458
or e-mail esteemprod@gmail.com





THE TRIBUNE

TUESDAY, DECEMBER 7,