Citation
The Tribune.

Material Information

Title:
The Tribune.
Uniform Title:
Tribune. (Nassau, Bahamas).
Added title page title:
Nassau tribune
Place of Publication:
Nassau, Bahamas
Publisher:
Tribune
Publication Date:
Language:
English
Physical Description:
v. : ill. ; 58 cm.

Subjects

Genre:
newspaper ( sobekcm )
newspaper ( marcgt )
Spatial Coverage:
Bahamas

Notes

General Note:
Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.

Record Information

Source Institution:
University of Florida
Holding Location:
University of Florida
Rights Management:
This item was contributed to the Digital Library of the Caribbean (dLOC) by the source institution listed in the metadata. This item may or may not be protected by copyright in the country where it was produced. Users of this work have responsibility for determining copyright status prior to reusing, publishing or reproducing this item for purposes other than what is allowed by applicable law, including any applicable international copyright treaty or fair use or fair dealing statutes, which dLOC partners have explicitly supported and endorsed. Any reuse of this item in excess of applicable copyright exceptions may require permission. dLOC would encourage users to contact the source institution directly or dloc@fiu.edu to request more information about copyright status or to provide additional information about the item
Resource Identifier:
09994850 ( OCLC )
9994850 ( OCLC )
UF00084249_02917 ( sobekcm )

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Volume: 103 No.169



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FSTORMS



The Tribune






#1 PAPER IN CIRCULATION
Che Miami Herald

BAHAMAS EDITION

FRIDAY, JUNE 15, 2007





eens § Mi
PAT TER HT

Seer,

PRICE — 75¢







Member of legal team
believes documents
filed over Marco City

S By KARIN HERIG
Tribune Staff Reporter

THE PLP yesterday may
have started the process of con-
testing one of four seats in the
election court, and is expected
to commence with the other
cases sometime today.

Wayne Munroe, a member of
the PLP’s legal team in these
cases, told The Tribune yester-
day that he believes that the
necessary documenis to begin
contesting Marco City — the seat
currently held by Finance State
Minister Zhivargo Laing — were
filed with the Supreme Court
yesterday.

Documents needed to con-

MP questions
increases in
local govt
allocations

#@ By BRENT DEAN
Tribune Staff Reporter




MICAL MP Alfred Gray
questioned whether the
increases in local govern-
ment’s recurrent allocations
for the coming fiscal year are
designed to reward con-
stituencies that voted for the
FNM, while. providing sig-
nificantly less to those areas
that supported the PLP-—a
suggestion the Minister of
’ State for Finance, Zhivargo

SEE page 11











test the other seats - Golden
Isles, Sea Breeze and Blue Hills
— are expected to be filed today.
The PLP officially have three
more days, until Monday, June
18, to file their petitions to con-
test seats won by the FNM in
the May 2 general election.
“I’m made to understand
that the application for leave
regarding Marco City might
have been filed (yesterday), the
others may be filed (today),”
Mr Munroe said.
Explaining the procedure of
contesting constituencies in an
election court, Mr Munroe said

SEE page 11

Twenty-year-old
stabbed to death

THE country's murder rate
climbed to 39 last night when a

20-year-old man was stabbed to

death in the Fox Hill area.

According to police reports, the
20 year old was standing in front
of the Juju Tree Club on John-
son Road with three other men.

Around 6pm, the young man
suddenly fled the club on foot
with three men in pursuit.

"The group of men chased him
to Bartlett Street where they
caught him and stabbed him to

‘the left side of his chest," press

liaison officer Asst Supt Walter
Evans said.

The 20 year old was rushed to
Princess Margaret Hospital, but
was pronounced dead shortly after
arrival.

The three men were still at
large at presstime last night.

Police investigations into the
matter continue.

17 Pietes Chicken, 7 Large
contlMtS 6 Bincuite

SER a ete sae seg Le











ASSAU INNTD) 1BA\

@ PRIME MINISTER Hubert Ingraham (left) and Opposition Leader Perry Christie in the

House yesterday.

§ By BRENT DEAN
Tribune Staff Reporter

THERE will be further changes in the public
service at the permanent secretary level, Prime
Minister Ingraham said yesterday during the final
stage of the budget debate in the House of Assem-
bly.

His statement came after Opposition Leader
Perry Christie pressed him for details surrounding
the recent shuffle and reassignment of these pub-
lic servants.

Mr Christie asked the prime minister to inform

the House who the permanent secretaries were:



i KELLY’S DONATES — Kelly’s Home Centre, Marathon Mall, donated $20,500
yesterday to purchase a dialysis machine for the Princess Margaret Hospital’s dialysis
unit. Picture (left to right) Mr Barry Packington, financial controller of Kelly’ s; Sean
D. Moore, marketing manager, The Tribune; Mrs Nancy Kelly, executive vice presi-
dent of Kelly's and her husband, David Kelly, president of Kelly's.

(Photo: Tim Clarke/Tribune staff)

who had been transferred from ministries to the
cabinet office. He also wanted to know what the
responsibilities of those individuals would be.

Along with presenting the full list of perma-
nent secretaries, the prime minister told the House
that Creswell Sturrup, Dr Patricia Rodgers and
Jacqueline Murray are currently assigned to the
cabinet office, information that was made public to
the press over a week ago.

The prime minister said that although the pub-
lic service needs only one permanent secretary
for each ministry, remaining officers who have

SEE page 11







community,”
vice president of Kelly’s.
tunate as a business and gladly give back as a
matter of interest to the community that sup-
ports this business year-round."

SEE page 11

|

Ingraham:
support
for PLP
shrank in
election

@ By PAUL TURNQUEST
Tribune Staff Reporter

SUPPORT for the PLP
shrank in the May 2 general
election, allowing the FNM to
win with more than a 18,000
voter swing, Prime Minister
Hubert Ingraham told the
House of Assembly.

Mr Ingraham, who was mak-
ing his closing Budget contri-
bution yesterday, said that there

_ must be “no mistake” about it,

the PLP lost the election.

SEE page 10
‘End in sight’
for Morton
Salt dispute

@ By ALISON LOWE
Tribune Staff Reporter

AN END is in sight for the
Morton Salt industrial dispute
as Minister of Labour and Mar-
itime Affairs Dion Foulkes said
yesterday he thinks there could
well be agreement on the lat-
est "position" by next week.

Speaking with The Tribune
yesterday, Mr Foulkes said he is
confident that both camps will
look positively on the terms of

SEE page 11

Kelly's donates §20,500
to dialysis campaign

TO CELEBRATE its eightieth anniversary
Kelly’s Home Centre has donated $20,500 to the
Kidney Dialysis Cathpaign, which hopes to raise
$164,000 to provide eight much needed dialysis
machines for the Princess Margaret Hospital.

The $20,500 donation will provide the hos-
pital with a complete dialysis unit that will
include installation, training of staff, and one
year of technical support.

"At Kelly's, we believe in giving back to the
said Mrs Nancy Kelly, executive

“We've been very for-





PAGE 2, FRIDAY, JUNE 15, 2007 THE TRIBUNE

Programmes being
implemented to stop
shortage of nurses

@ By ASHLEY THOMPSON






























































THE Nurses Association of “We especially have a shortage
the Commonwealth of the of male nurses. Our com ity

Bahamas says there is a shortage

of nurses in the country. has a misconception where

Prescola Rolle, president, said

this is nothing new and the short- they consider male nurses to be

age has been going on for some
time. ”

Countries such as the United soft men.
States are known to attract nurs-



ing students from a number of Prescola Rolle, president of the Nurses Association

developing countries due to bet-

ter salaries, better opportunities, of the Commonwealth of the Bahamas

and by placing nurses in various :

training programmes quickly. must look for nurses available to nurses to become burnt-out.
The nursing shortage create’. work overtime and to take on To counteract this problem

difficulties where institutions double shifts. This causes some and continue having optimum

patient care, different pro-
grammes are now being imple-
mented in the Bahamas to per-
suade nurses to remain after they
finish training.

One is the male nursing initia-
tive programme.

Julian Munnings, the nursing
officer promoting this pro-
gramme, said the programme is
not running yet, but the objec-
tive is to inspire men in the coun-
try to get involved with nursing.

“We especially have a short-
age of male nurses,” said Ms
Rolle. “Our community has a
misconception where they con-
sider male nurses to be soft
men.”

She said this state of mind is
discouraging, especially as male
nurses are important to the pro-
fession. They have been seen to
have a great impact on patients
and, in fact, are often preferred
by female patients.

Incentives the government is
offering include post-basic cours-
es which include midwifery and
psychiatric courses.

In addition to these courses,
the government is creating more
opportunities to allow nurses to
expand into administration and
education.

Negotiations are also in place
to improve the cores and Benes

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THE TRIBUNE

FRIDAY, JUNE 15, 2007, PAGE 3



© In brief

Man fined
after guilty
plea to drug
possession

A MAN, 36, of Pinewood
Gardens, was fined $4,000
after pleading guilty to pos-
session of cocaine.

Tyrone Newbold was
arraigned in magistrate’s
court yesterday.

It was alleged that New-
bold, on Wednesday, June
13, was found in possession
of a quantity of cocaine
which authorities believed
he intended to supply to
another.

According to the prosecu-
tion, Newbold was found in
possession of six grams of
cocaine.

Newbold, who was
arraigned before Magistrate
Susan Sylvester at Court 11,
Nassau Street, pleaded guilty
to simple possession and was
fined $4,000.

Failure to pay the fine
would result in a four-month
prison sentence.

Venezuela
weighing
purchase
of Russian
submarines

@ CARACAS, Venezuela

VENEZUELA is studying
buying Russian submarines that
would transform the South
American country into the top
naval force in the region, a mil-
itary adviser to President Hugo
Chavez said Thursday, accord-
ing to Associated Press.

Gen. Alberto Muller,
responding to a Russian news-
paper report that Chavez plans
__ to sign a deal for five diesel sub-
marines, said the government
is "analyzing the possibilities"
but that the money has not yet
been set aside.

Venezuela has already pur-
chased some US$3 billion worth
of arms from Russia, including
53 military helicopters, 100,000
Kalashnikov rifles, 24 SU-30
Sukhoi fighter jets and other
weapons.

Washington, which calls
Chavez a destabilizing threat to
the region, has voiced strong
concern about those deals.

The Russian business daily
Kommersant said Chavez
would sign an initial contract
for five Project 636 Kilo-class
diesel submarines during a trip
to Moscow starting June 29 with
the possibility of Russia sup-
plying four state-of-the-art Pro-
ject 677 Amur submarines later.

. Muller told The Associated
Press that those proposed pur-
chases would make Venezue-
la's navy the strongest in the
region.

"Venezuela is interested in
examining within a strategic
context the possibility that these
submarines fit our defense
plans," Muller said.

Muller said Venezuela's pri-
ority is to strengthen its navy,
which "is not of sufficient mag-
nitude to defend Venezuela's
coast and to ensure (the safe-
ty) of routes by which its
exports leave." Venezuela is the
world's eigth-largest oil
exporter.

Russia has also angered the
United States by selling
weapons to Syria and Iran and
any additional deals with
Venezuela would likely further
strain U.S.-Russian relations,
which are broadly seen as hav-
ing plunged to their lowest point
since the Cold War.

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

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



those charged

@ By ALISON LOWE
Tribune Staff Reporter

THE Attorney General's
Office has been called upon
to take "drastic measures"
to ensure persons charged
with murder are not granted
bail in light of escalating
crime rates.

With a backlog in the
courts "too many people
charged with murder are
being allowed to go free
before a trial date can be
set" with the result that
more murders are being
committed, according to
Families Against Murder
(FAM), a murder victims
advocacy group.

FAM claims it is the wide-
ly debated judicial backlog
that has created unique cir-
cumstances which would, for
the greater good of the
Bahamas, necessitate a
breaking away from the con-
stitutional requirement -
adhered to in many other
countries - that accused per-
sons must be permitted bail
if they cannot be tried with-
in "a reasonable period of
time."

The group believes this
should occur even if it
means innocent persons
accused of murder have to
incur long pre-trial deten-
tion periods prior to being
able to defend their name -
as the group say there are
more persons negatively
affected by the bailing of

Victims advocacy group asks
AG’s Office to take action



persons accused of murder
than there are innocent peo-
ple wrongly charged.

Yesterday, despite being
unable to give exact figures,
Assistant Commissioner
Ellison Greenslade con-
firmed that a "high percent-
age" of serious crimes are
indeed committed by bailed
persons.

The officer said he has
recently directed officers to
compile .data for the Com-
missioner to survey, adding
that the police chief could
be expected to speak on the
issue shortly.

The mother gave an emo-
tional statement to the press
in which she said she was
frustrated that so far no-one
has "heard the call" for a
review of the law that she
has been trumpeting for
over a year.

Ms Scott said: "I don't
deserve to live in fear. I
haven't done anything. No-
one here deserves to live in
fear.

“Our laws should be if
someone does something
against the law we should be
able to carry them through

_ the system.

“And when the system
fails you feel like you can
trust nobody. And that's

where I'm at right now."
Both she and Virgil Light-
bourne, another group mem-
ber, whose mother was mur-
dered in 2002, have urged
the public not to wait until it
is someone they know who



®@ ASSISTANT Commis-
sioner Ellison Greenslade con-
firmed that a ‘high percen-
tage’ of serious crimes are
indeed committed by bailed
persons

gets killed to join in their
call for a judicial review.
While action to speed up
the court system would
address the root of the prob-

Man killed in car

crash i is 21st traffic |

i ss

“fatality of the year |

m By NATARIO McKENZIE

A MAN in his late twenties was killed in a
car crash on Exuma on Wednesday night and
a second man was left seriously injured,

according to island police.

This latest traffic fatality is the country’ s

.21st for the year.

Chief Supt Willard Cunningham told The
Tribune yesterday that the incident took place
around 9.20pm Wednesday on Queen’s High-
way near the "fish fry" in George Town, Exu-

ma.

Reports indicate that two men in a white
1997 Nissan Maxima were travelling east when
the car hit a tree on the northern side of the

road.

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ENTER

‘According to Chief Supt Cunningham, the

car was being driven by Delton Morley, 24, of

The Ferry, Exuma, who was accompanied by

Jermaine Moss, 28, of Grand Bahama.
Moss reportedly died at the scene of

the crash. Morley was airlifted to New

injuries.

Providence to be treated in hospital for his

The vehicle was extensively damaged.

Mr Cunningham would not speculate on
the cause of the crash but noted that police are
“exploring all avenues” in their investigation.

He expressed disappointment that the two

the time.

men were apparently not wearing seat-belts at

He noted that this was the first traffic fatal-

ity on Exuma in about three years.

The Mall ot Marathon: 393-7979
Hatbonut Bay Shopping Center: 394-7660



lem, this will take a while,
and meanwhile more imme-
diate action must be taken,
say the group.

People's constitutional
rights - to life, liberty and
security - are being violated
when those accused of mur-
der are allowed to go free
on bail, said Ms Scott.

Pastor Moss, an adviser to
Families Against Murder,
who has ministered to a

number of bereaved fami- ,

lies, said that while the
group is aware a change in

PIRATES OF THE CARISBEAK



the Act would not "stop all
murders", it would "go %
long way" in curbing the

number of retaliatory acts
committed by accused per-
sons who feel they have
"nothing to lose, and there-
fore act without remorse."

The group is looking to
meet with the Attorney
General, Clare Hepburn,
shortly to discuss their con-
cerns.

Messages left for Ms Hep-
burn yesterday were not
returned up to press time.



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PAGE 4, FRIDAY, JUNE 15, 2007.

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE



The Tribune Limited

NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI
Being Bound to Swear to The Dogmas of No Master

LEON E. H. DUPUCH, Publisher/Editor 1903-1914

SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G.,

(Hon.) LL.D., D.Litt.

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

TELEPHONES
Switchboard (News, Circulation and Advertising) 322-1986
Advertising Manager - (242) 502-2352

A look at press freedom in Bahamas

IN THIS column yesterday we told of the
international uproar caused when the PLP tried
to suppress free speech. The year was 1968 —
the PLP government’s second year in office.
It was the year that international editors took
off their rose-tinted glasses and for the first
time saw the PLP for what it really was. Up to
that point, as far as the foreign press was con-
cerned, the PLP could do no wrong. But from
that year on it was difficult for the PLP to do
anything right — they had critics aplenty.

On June 8 — a week ago — when PLP MP
Philip Davis advised the Howse"
punish a “biased” press, fi
40 years back to 1968.

Although The Tribune and its supporters
won that particular battle, the PLP never let the
. pressure off The Tribune. ..

In every way possible — especially behind
closed Immigration doors where for a number
of years they even denied a work permit to the
husband of the publisher of this newspaper —
they tried-to. close this mewspaper down. Of
course, they failed.

The year 1992 not only brought in the first
FNM government, but it had an amusing
sequel. It was the year Sir Lyriden Pindling
tried to project himself as the protector of a free
press. We still haven’t stopped laughing.

On March 29, 1993, under the heading “The
unmasking of an imposter,” part of what we

wrote is reprinted below:
eeee





“WERE IT LEFT to me to decide whether .

we should have a government without news-
papers, or newspapers without government, I
should not hesitate a moment to prefer the lat-
ter,’ wrote Thomas Jefferson in a letter to a
friend: -

Not so, Sir Lynden Pindling. Today, as
Opposition leader, he-is posturing in the
uncharacteristic role of champion of a “free
and vibrant press in the Bahamas.”

If Sir Lynden and his government had had
their way, they certainly would have rid them-
selves of The Tribune. They tried hard, but
they failed.

And when the battle was done, it was Sir Eti-
enne Dupuch, then editor of this newspaper,
and not Sir Lynden, who was the acknowl-
edged champion of press freedom.

In October, 1968 the Inter American Press
Association presented Sir Etienne with the
IAPA-Mergenthaler award “in recognition of
meritorious public service in defence of free-

_dom of the press... in his vigorous campaign
against a(PLP government). bill which was also

opposed by the IAPA because some of its ~

clauses restricted press freedom.”

“] have fought too long and too hard for
freedom of expression and [will not stand by
now as long as there is breath in my body and
see it abridged and not utter a word in protest,”
Sir Lynden told a PLP rally last week.

No, Sir Lynden, it was your government

to find | ways to”
“pages

that was always the oppressor of those pre-
cious freedoms. Ask the members of the former
Opposition, who struggled to be treated fairly
by the government-owned radio and television
station. All they wanted was equal time over
the airwaves to present a different point of
view.

If the voice of Carlton Francis, a former Pin-
dling Cabinet minister — about whose wasting,
dying figure Sir Lynden sneered that he could
see his “three-piece suit... but all you could see
was suit” — could be heard beyond the grave,
he would tell Bahamians what happens to a
person who dares to think or vote indepen-
dently of the “Chief.”

Even Prime Minister Hubert Ingraham, him-
self a former Pindling Cabinet minister, is a
prime witness to the persecution meted out to
anyone who dared express any idea contrary to
Sir Lynden.

If Mr Ingraham had not been determined to
be his own man, with the right to freedom of
thought and speech, he might still be in the
Pindling Cabinet, his free speech muzzled.
Instead he joined those of us who were deter-
mined to keep democracy and all its freedoms
alive in the Bahamas. And on August 19th last
year (1992) the forces of freedom beat back
25 years of oppression.

Sir Lynden told his followers that he had
“fought too long and too hard for freedom of
expression.” Maybe he should have also told
them whose freedom of expression he was fight-
ing for. Certainly it was for no one who dared
have a point of view at odds with his own.

And no institution was harder hit, or had a

tougher battle for survival with its freedoms .

intact than The Tribune.

After Mr Cyril Stevenson had retired from
Government —he headed Government Infor-
mation Services from 1970 to 1985 — he said
that while he was in office he received specific
instructions from the Prime Minister’s office
— and other ministries — that he was to delay
giving news releases to The Tribune, adding
that “some information was never made avail-
able to The Tribune.”

These instructions were right out of the office
of the man who today would have Bahamians
believe that he was the champion of free
expression. He is just lucky that The Tribune

_had the will to fight and the perseverance to
stay the course or today, in Opposition, he
would not be free to talk such foolishness.

“Another shocking example of news sup-
pression,” wrote Mr Stevenson for publication
in 1986, “has been demonstrated on so many

occasions by the (Pindling) government’s hos-
tile attitude towards The Tribune because of its
aggressive policy dealing honourably with its
readers by printing all the news, suppressing
nothing of importance whether or not such
news is highly critical of the government.or
whether it counters the beliefs or prejudices
of its owners.”



‘The greatest gift a father can give
his children is himself.”

SUNDAY SERVICES
7:00am, 9:00am, 11:15am

PASTOR EARLE FRANCIS J.P.,D.D.
Marriage Officer, Counsellor, Intercessor
Phone: 323-6452 © 393-5798
Fax: 326-4488/394-4819

The leadership
styles of Christie
and Ingraham

EDITOR, The Tribune.

IN THE Beautiful Book, St
Paul, in one of his letters to the
Philippians, wrote the following:
“He who has begun a good work
in you will bring it to comple-
tion.” With those words of St
Paul as the theme, I would like
to give some thoughts and
reflections on the recent elec-
tion campaign of 2007.

Before I do so, editor, please
allow me to make a brief com-
parison between the leadership
styles of the two leaders of the
major political parties; namely
the Rt Hon Hubert A Ingraham
(present Prime Minister) and the
Hon Perry G Christie (former
Prime Minister).

At the outset, let me say that I
have known both of these gen-
tlemen for more than 20 years.

Over the years, I grew to
respect them both for their polit-
ical beliefs and their integrity in
public life.

Twenty years ago to the year
both of these two good gentle-
men were in a fight for their
political lives, when they both
ran as Independents following
their ouster from the PLP, which
was headed at the time by the
late Sir Lynden Pindling. By
winning their seats, both sur-
vived the election campaign of
1987.

If J am not mistaken, the win
by Ingraham and Christie in
1987 marked the first time inde-
pendent candidates won their
seats during the Pindling years.

I believe that the Election
Campaign of 1987 established
both of these two fine Bahamian
sons as legitimate contenders to
the office of Prime Minister. At
the time, I remember telling
some of my taxi driver col-
leagues that Hubert Ingraham
would succeed Prime Minister
Pindling as the next Prime Min-
ister of our country. Most of
them did not believe me. How-
ever, one of the senior drivers
did agree with me. This driver
was taxi #51, the late Gladstone
Christie, the father of the now
former Prime Minister. Twenty
years ago, Mr Christie (taxi #51)
recognised our present Prime
Minister as in his words, “Prime
Minister material.” What was
most interesting was the fact that
he did not see the same potential
in his son. Later, after Hubert
Alexander Ingraham became
Prime Minister, Mr Christie (taxi
#51) would tell me why he did

not believe his son could become,

Prime Minister.

I said earlier that I wanted to
compare the leadership styles of
the Rt Hon Hubert A Ingraham
and the Hon Perry G Christie.

One can get an understand-
ing of the difference in leader-
ship styles of the two men by

TRUCKS



LETTERS

letters@triounemedia.net




taking a look at their political
conduct during the period from
1987-1992.

Following their successful
campaign in the 1987 election,
both of them were invited by the
late Sir Lynden to return to the
PLP.

While Christie elected to
accept, Ingraham opted to go in
another direction. In my opin-
ion, this was the defining
moment for these two men as
leaders.

The decisions: they made
established the type of leaders
they were to become. One

_sought to become a leader by

traditional means, while the oth-
er sought to become a leader on
his own terms. The timing was
right and the political climate of
the early 90’s was ripe for
change.

When the FNM approached
Hubert Ingraham to join their
party, he was able to pretty
much write his own ticket. He
joined as Deputy Leader, and
later became leader.

When the FNM won the gov-
ernment in 1992, Hubert
Alexander Ingraham was their
leader. Allow me now, to say
why the PLP lost and why the
FNM won the government in the
last elections.

As one who has come to know
the truth, I am very simple mind-
ed when it comes to the under-
standing of leadership.

The leadership of the PLP was
responsible for their defeat at
the polls. The Hon Perry G
Christie and the PLP lost the
recent elections because they
squandered the political capital
of the last 40 years by failing to
solidify their base which is made
up of taxi drivers and the work-
ers. Indeed, TUC President,
Obie Ferguson, made the obser-
vation that this was the first time
in recent memory that Labour
was not courted by the major
political parties.

In addition, there seemed to
be a lack of unity among PLP
candidates, which in my view,
caused confusion in the con-
stituencies. While the PLP
seemed unprepared to win the
elections, the Rt Hon Hubert
Ingraham and the FNM seemed
very much prepared to win.

Their campaign strategy was
focused. As leader, the Rt Hon
Hubert Ingraham simplified the
whole campaign issue by offer-
ing the electorate a choice of
leaders.

Did the voters want a shuf-
fling Prime Minister or a seri-
ous Prime Minister? At the end
of the day, the choice for the
serious voter was a no brainer.

In closing, I wish to congratu-
late the Rt Hon Hubert Ingra-
ham on his victory.

We in the PSDU wait to see
the completion of the good work
that was started when he was
first elected in 1992.

RICHARD JOHNSON Sr
Nassau,
May 18, 2007.

Relieved as Al Jarrett
leaves Bank of Bahamas

EDITOR, The Tribune.

I AM relieved to see that Al Jarrett was relieved of his position
at the Bank of The Bahamas. I am baffled as to why he felt it was
his duty to make the rounds on the radio stations promoting the for-
mer government’s propaganda and at, the same time neians: the

post of chairman at the bank.

At times it became almost unbelievable listening to this man spits
ting out the garbage on what a great party the PLP is and how great
the country was being managed. I submit that if this man were smart
he wouldn’t have allowed himself to be set up by Wendall Jones,

Steve McKinney and Jeff Lloyd.

_ Clearly Mr Jarrett ought to understand that he should have act-
ed neutral and keep his personal opinions to himself, while head-
ing a bank where the people of the Bahamas owns 51 per cent of the

shares.

In conclusion, I would imagine that he would again make the
radio rounds claiming that Prime Minister Ingraham has victimised

him.

PAT STRACHAN
Nassau,
June, 2007.








PUBLIC NOTICE
INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, PATRICE CECILIA
ANN COOPER the mother SYNDERA ONIQUE COOPER
intend to change the surname of my said daughter from
COOPER to McINTOSH. If there are any objections to
this change of name by Deed Poll, you may write such
objections to the Chief Passport Officer, PRO.Box N-742,
Nassau, Bahamas no later than thirty (80) days after the
date of publication of this notice.





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FRIDAY, JUNE 15, 2007, PA



Job fair is
planned for
construction
workers

BAHA Mar Development
Company is conducting a job
fair on June 18 and 19 from 8am
to 4pm in New Providence at
the Kendal G L Isaacs Gymna-
sium and on June 21 at the Fos-
ter B Pestaina Centre, Christ
the King Church in Freeport,
Grand Bahama.

The purpose of the job fair is
to register all eligible Bahamian
construction workers for the
Baha Mar project which is
expected to employ more than
5,000 construction workers.

As a result of the job fair
those registered will be posted
in a master database that is
made available to all contrac-
tors (local and international)
working on the project.

Both Baha Mar and the
Department of Labour will
have access to the database as it
relates to available resources
across the construction trades.

“We are very excited about
this job fair. This is a start in a
good direction for us in sécuring
the country’s finest construc-
tion workers to make our pro-
ject a shining example for the
Caribbean,” said Robert
“Sandy” Sands, vice-president
of the Baha Mar and Cable
Beach Resorts.

Mr Sands explained that per-
sons put in the database, not
only stand a chance of working
on the Baha Mar project, but
will also be called upon in the
future by the Department of
Labour.

“I think this is a wonderful
opportunity for our construc-
tion workers and | hope they
will all come out to our Job Fair
and take full advantage of it,”
he said.

Baha Mar is committed to
assisting all qualified Bahami-
ans in receiving an opportunity
to work on this massive con-
struction project upon com-
mencement, the company said.

Correction
over story’s
headline in
Tribune

A STORY appearing in the
June 14 edition of The Tribune
was incorrectly headlined
“Foulkes condemns Christie for
having part-time minister.”
Instead the headline should
have read: “Bethel condemns
Christie for having part-time
minister.” .

Puerto Rico
investigation
into doctors’

licences

@ PUERTO RICO
San Juan

AN investigation into irregu-
larities on Puerto Rico’s med-
ical licensing board suggests
dozens of doctors have acquired
their credentials through fraud,
a congressman said Tuesday,
according to Associated Press.

The House Health Commit-
tee last month began investi-
gating allegations that the med-
ical board altered the results of
low-scoring tests and awarded
licences to candidates who did
not qualify.

“What we have before us is a
clear picture of a group placing
our children’s and all Puerto
Ricans’ health at risk by sending
people into the medical field
who don’t meet the require-
ments of such an important pro-
fession,” said congressman
Gabriel Rodriguez Aguilo,
chairman of the committee.

The allegations surfaced dur-
ing an unrelated probe of med-
ical malpractice complaints in
the US Caribbean territory, and
the committee began holding
hearings a month ago to ques-
tion board members. So far, at
least three doctors have been
suspended, members said.

Health Secretary Rosa Perez,
testifying before the panel, said
the entire nine-member med-
ical board should be fired. The
members were nominated by
the island’s governor and
approved by the Senate.

Committee members said
they have confirmed at least 13
cases of fraud but have not
released details. Congressman
Rafael Garcia, a former Health
Committee member, said the
US Attorney’s office has opened
an investigation into another 27
cases, but a spokeswoman for
the federal prosecutor’s office
declined to comment.







of officer heading security

@ By BRENT DEAN
Tribune Staff Reporter

OPPOSITION Leader Per-
ry Christie lashed out in par-
liament at Prime Minister
Hubert Ingraham for remov-
ing Assistant Commissioner
Marvin Dames from his post
as officer in charge of airport
and port security.

Giving his budget contribu-
tion in the House of Assem-
bly on Wednesday, Mr Christie
charged that there was political
interference by the new FNM
government in Mr Dames’
move and the other recent
transfers within the police
force.

“T have noted with consid-
erable interest the recent trans-
fers of senior officers at the
Royal Bahamas Police Force.
These transfers have come

LOCAL NEWS.

immediately after major struc-
tural adjustments were made
to the force and officers
assigned to particular posts. It
has become patently obvious
to me that the new govern-
ment has decided to cause
these changes to be made.

“I must so conclude because
I was satisfied that the com-
missioner of police several
weeks ago had completed his
appointments, which — }
would have thought — would
not have been affected by a
change of government,” he
added.

Mr Christie said that the
decision to place Mr Dames in
his former post of port and air-
port security chief was an
“excellent” one.

He pointed out that a per-
son of Mr Dames’ expertise
is needed to safeguard the

gateways of the Bahamas —
especially in light of the
major expansion of the
Bahamian economy as a
result of the his governmen-
t’s anchor project policy, and
the new requirements for
security by the American
government after the Sep-
tember 11 attacks.

Referring to Mr Dames, the
PLP leader said: “I had the
opportunity to personally
speak with him on this issue
and anticipated that he would
have been allowed to perform
such a valuable service to the
country.”

The latest wave of police
transfers, which made Mr
Dames the head of the New
Providence district, comes two
months after major changes
were made to the upper and
middle management of the

‘Revolutionary advance’ set
for company registration

THE Registrar General’s
Department will soon imple-
ment a system that will rep-
resent a “revolutionary
advance” in the companies’
registration process, Minister
of State in the Ministry of
Legal Affairs Desmond Ban-
nister told the House of
Assembly during the budget
debate.

Mr Bannister said that the
Registrar General’s Depart-
ment has made “tremendous
strides in automation since the
automation project began in
the early 1990s under the first
FNM administration.”

Both the companies’ reg-
istry and the civil registry have
been automated in various
phases, he said.

The department will now
soon be testing and imple-
menting its ‘Process Improve-
ment Solution’.

Once tested and imple-
mented this system will be
involved in the electronic reg-
istration of company docu-
ments immediately upon sub-
mission, the state minister
said.

Mr Bannister explained that
registered agents will be
allowed to file documents
online. Once the document is
in the system, the Registrar
General will then be able to
electronically sign it.

This, he said, will reduce
the turnaround period for
incorporation of companies
and will produce a more effi-
cient companies system.

“Process improvement will
necessitate that a proper reor-
ganisation of the staff be
undertaken so that the best
talent is utilised in the most
effective areas. Measures will

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H DESMOND Bannister

also be taken to systemise and
improve the filing system for
companies,” Mr Bannister
added.

The Civil Registry Infor-
mation Systems (CRIS)
includes the births and deaths
registry, the marriage registry
and the deeds and documents
registry.

Births and deaths are cur-
rently registered electronically.

Mr Bannister said that the
registration of births process
will also “soon be made more
convenient for the public.”

“It is envisaged that the
Registrar General will estab-
lish in conjunction with the
Hospital’s Authority on-site
registration stations at the
Princess Margaret Hospital
with staff of the Registrar
General who will be able to
electronically register births
at the hospital, and thus facil-
itate members of the public
while they are still in the
maternity ward.

“A new mother will thus be
able to receive a birth certifi-
cate before she leaves the hos-







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pital,” he said.

Mr Bannister said that con-
sideration also will be given to
amending legislation to allow
for the Registrar General's
Freeport office to be given the
authority to register births in
Freeport “to rectify a growing
problem which exists in Grand
Bahama where many births and
deaths over the past decade are
not in the Registrar General's
central database.”

The Registrar General has
also provided computer equip-
ment to a number of adminis-
trator’s offices in the Family
Islands and has connected them
to the central system in Nassau,
the state minister said.

Further consideration, he
said, will soon be given to
amending legislation to allow
for administrators to be able to
issue certified copies of births.
deaths and marriages.

Rosetta



Re,
and purposes, the commission we?
er of police has superintendence “..
and control of the Royal =
Bahamas Police Force.
“However, we do not work
in a vacuum. When a govetH:
ment comes to power, a gov-
ernment promulgates its poli-
cies and its philosophies. When
a government demits office, cer- »
tain policies may fall away. The Ȣ-'
Royal Bahamas Police Force
cannot be in the business of
being so inflexible that it cannot ”
reflect the policies of a govern- ‘3,
ment,” Mr Hanna said. :

force under the Christie «dmin-
istration.

The change of direction, and
reversal of portfolio assign-
ments in some instances, have
raised concerns about the
autonomy of the Commissioner
of Police.

Chief Superintendent Hulan
Hanna, in announcing thé sec-
ond wave of transfers last week,
acknowledged that the will of
the executive sometimes influ-
ences the police force.

“T want to say to the Bahami-
an public, that for all intents














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PAGE 6, FRIDAY, JUNE 15, 2007

THE TRIBUNE



ee aS a ee
Straw market vendors may be moved

temporarily on Prince George Dock

@ By Bahamas Information
Services

RELIEF may be in sight for
downtown straw vendors, as
serious consideration is being
given by government to provide
temporary facilities for them at
Prince George Dock.

Giving his contribution to
the budget debate in parlia-
ment, Minister of Works and
Transport Earl Deveaux — who
has ministerial responsibility for
the Straw Market - said that his
government is proposing to
move the vendors in the very

near future.

Since fire destroyed the Bay
Street Straw Market on Sep-
tember 4, 2001, hundreds of
vendors were provided with
tent shelters on property adja-
cent to Vendue House, Bay
Street.

“We propose to move, after
consultation with the vendors,
the present market from its cur-
rent temporary, inadequate and
unacceptable tent.

“An option being put forward
is the relocation of the vendors
to the building on Prince
George Dock that had been

substantially renovated by the
previous FNM government at a
cost of some $2.5 million in
2001,” Minister Deveaux told
the House of Assembly.

Mr Deveaux maintained that
“the US authorities have no
issue with the market being
housed in this building provided
due diligence is done by the
approptiate Bahamian security
agencies.’

In the meantime, the $21.5

million contract awarded by the
PLP administration to
WOOSLEE Dominion to con-
struct the new Straw Market, has

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been suspended by the present
government pending review.

“My government will fully
consider all views and concerns
contributed by the vendors and
other stakeholders and make
an informed decision on the
interim market site and on the
location and construction of the
new Straw Market that will be
in the best interest and benefit
of all,” he said.

Mr Deveaux reminded par-
liamentarians that in 2002, a
design competition was held to
select the best proposal for
replacement of the Straw Mar-
ket. The competition was won
by architect Michael Foster of
Arconcepts.

Mr Foster assembled a team
consisting of structural engineer
George Cox and associates, and

mechanical and electrical engi-
neers from Pyramid Industries,
the minister said.

The team was joined by pro-
ject management and quantity
surveying consultants from
VERITAS Consultants in mid-
2006.

The design went through a
multi-year process of review,
revision and then finally,
approval, Mr Deveaux said.

“The Straw Market is intend-
ed to be built on an augured
pile foundation. Foundation
work will require de-watering
of the site in an environmental-
ly sensitive manner.

“Working conditions will be
very difficult as the building
occupies every square foot of
the property and the site is
bounded on three sides by

major thoroughfares. The build-
ing is not air-conditioned, how-
ever, a mechanical air circula-
tion system will be installed,”
the minister explained.

Mr Deveaux said that the
approved design by Mr Foster
envisions a Straw Market build-
ing with two storeys and an

-immediate mezzanine floor.

“Tt will house 572 vendors in
booths grouped in a ‘village’
concept. Each vendor’s booth
will be provided with electricity
and data ports which will enable
vendors to access banking facil-
ities allowing for credit card
transactions,” he said.

The actual construction of the
vendors’ booths is not a part of
this contract as the design has
not yet been formalised, he
added.

Youth Award winners hit the trail

WINNERS of the Governor-
General’s Youth Award
(GGYA) will participate in a

- special exploration of the Fam- _

ily Islands in a weekend trip
around the Bahamas.

On June 29, the m/v Captain
Moxey is scheduled to set sail
for five Bahamian Islands as
part of the GGYA 20th
anniversary celebrations.

Bronze, silver and gold par-
ticipants will get the opportu-
nity to explore, hike, bike,
snorkel and kayak on islands
such as the Berry Islands, Bimi-
ni, Abaco, Grand Bahama and
Andros.

The groups will spend one
day on Berry Island, Bimini and
Andros, and two days on Grand
Bahama and Abaco.

On arrival in Great Harbour
Cay in the Berry Isiands, par-
ticipants will spend one day
exploring places of interest such
as the Sugar Beach caves.

The stop on Bimini will
involve trekking from one end
of North Bimini to Pirates
Point.

On both Grand Bahama and
Abaco, participants will under-
take the longest hiking and



@ A GROUP goes on a bike training exercise

camping activities.

Gold participants will kayak
in the Lucayan National Park
and all sections will hike to the

‘lighthouse and Abaco’s Hole in ©

the Wall.

South Andros will be the
“entertainment island”, where a
talent show and a social gather-
ing will take place.

The GGYA is a self-devel-
opment programme available
to all young people worldwide.

It is an initiative designed to
equip them with life skills so
that they make a difference to
themselves and their communi-
ties.

To date over five million peo-
ple from over 100 countries
have participated in the pro-
grammes’ challenging activities.

There are. presently GGYA,

44 units in the Bahamas with
over 1,000 young adult partici-
pants.

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THE TRIBUNE



Former beauty
queen to run
as candidate
in Jamaica

g@ JAMAICA
Kingston

A TOP ruling party official
announced Tuesday that a
former Miss World will run
as a Jamaican farming dis-
trict’s parliamentary candi-
date regardless of the voiced
objections of hundreds of par-
ty supporters, according to
Associated Press.

In a brief statement, Don-
ald Buchanan, general secre-
tary of the People’s National
Party, said Kingston resident
Lisa Hanna was selected
ahead of four other con-
tenders to represent the par-
ty in southeast St. Ann, a rur-
al community 90 miles (144
kilometers) east of the capital.

Prime Minister Portia
Simpson Miller, the country’s
first female premier, recently
named Jamaica’s former Miss
World as the PNP’s best can-
didate for the district during
this year’s general elections.

About 500 people in south-
east St. Ann protested the
premier’s announcement,
arguing they should choose
their own candidate for the
seat being vacated by the
tourism minister.

Hanna won the Miss World
title in Sun City, South
Africa, at age 18 in 1993.

The 33-year-old Hanna,
who has not returned repeat-
ed calls for comment, also
served as the United Nations
goodwill ambassador for the
Caribbean island nation.

Police search
for missing
US resident in
Guyana

@ GUYANA
Georgetown

POLICE said they were
searching Tuesday for a U.S.
resident who failed to show
up for a flight to New York
and may have sold his green
card and passport during a
trip to his native Guyana,
according to Associated Press.

Tyrone Stewart, 25, missed
his flight Saturday from the
South American nation, and
another man, a Guyanese
deportee, arrived at John F.
Kennedy International Air-
port with his travel docu-
ments, Detective Heeralall
Makhanlall said.

Makhanilall said police are
investigating whether “the
young man might have sold
his green card and passport
and might well be still in
Guyana.”

He did not provide addi-
tional details, and officials at
the US Embassy said they
had no information about the
man caught posing as Stew-
art.

Travel documents from
North America and Europe
sell illegally for as much as
US$10,000 in impoverished
Guyana.

Stewart, who emigrated
from Guyana with his family
five years ago, had been
scheduled to return home to
Brooklyn after a two-week
vacation.

Police spokesman John
Sauers said his disappearance
was being handled as a miss-
ing person case.







POLICE are seeking four
Grand Bahama men for ques-
tioning in connection to several
murder cases.

One of the men police are
looking for is 24-year-old Ange-
lo Rahming.

He is estimated to weigh
about 150 Ibs at a height of 5°7”,
of slim build, light brown skin
and brown eyes.

He was born in Freeport and
his last known addresses were
Andros Town, Hanna Hill in
Eight Mile Rock and No 30
Young Husband Street in
Freeport.

Rahming is unemployed.

. The second man police are
seeking for questioning in rela-
tion to a murder is 32-year-old
Leon Rahming, also known as
‘Apache’.

He is 6ft in height, of slim
build with dark brown skin and
brown eyes.

LOCAL NEWS

0 In brief Men sought in connection with GB murders







M@ GEORGE Ferguson

An unusual peculiarity that
may be noticed is a grey patch
in his hair.

Born in Grand Bahama, his
last known address was 18D
Grenfell Avenue, Freeport,
Grand Bahama.

Also wanted for questioning





@ CARLO Jerve

in a murder case is 25-year-old
George Alexander Ferguson,
sometimes known as ‘Geo’.

He stands at 5’8” and is of
medium build with a dark
brown complexion and brown
eyes.

Born in Freeport, his last

FRIDAY, JUNE 15, 2007, PAGE /









@ LEON Rahming

known address is 40 Clarke
Avenue, Freeport, Grand
Bahama.

The fourth man sought by
police for questioning in con-
nection with a murder is Carlo
Gerve, also known as ‘Graves’.

Gerve is a Haitian male, 21





@ ANGELO Rahming

years old. He stands at 6’4”
and has a dark brown com-
plexion. He is employed as a
carpenter.

Gerve was born in Grand
Bahama and his last known
address was Pinders Point and
Hunters, Grand Bahama.



Hospital upgrades to

i By Bahamas Information
Services

REDEVELOPMENT of the
Princess Margaret Hospital and
the Rand Memorial Hospital
will be accelerated to address
“critical deficiencies” in the sys-
tem which currently prevent
timely access to quality health-
care, Health Minister Dr

Hubert Minnis told parliament

this week.

The redevelopment of the
two facilities, along with the
Sandilands Rehabilitation Cen-
tre, heads the list of infrastruc-
tural and_ technological
improvements planned for the
healthcare system in New Provy-
idence and the Family Islands.

Dr Minnis, in giving his con-
tribution to the budget debate,
said that the facilities are cur-
rently facing severe infrastruc-
tural constraints, overcrowding
and deterioration of the physi-
cal plant.

“These shortcomings, such as
the shortage of operating the-
atre facilities and inadequate
laboratory and pharmacy ser-
vices undermine public confi-
dence in our healthcare sys-
tem,” the minister said. ,

Dr Minnis further said that
his ministry will move forward
with the construction of new
polyclinics and mini-hospitals
in New Providence and the
Family Islands, upgrade exist-
ing facilities, and provide appro-
priate human, technological and
material resources to enhance
the delivery of community
health and public health ser-
vices.

“Funding for these major
capital initiatives will be pro-
vided through the National
Insurance Board’s health infra-
structure fund,” Dr Minnis said.

He further said that officials

_ at the Ministry of Health will

conduct a reassessment of the
infrastructure throughout the
primary healthcare sector in the
Bahamas over the course of fis-
cal year 2007/08.

Dr Minnis assured parliament
that this reassessment will
ensure that priority is given to
the immediate repairs to, or
construction of facilities to bring
them in line with the health
needs of the country, popula-
tion changes and economic
development in New Provi-
dence and the Family Islands.

The Minister said an evalua-
tion of the South Beach, Eliza-
beth Estates, Flamingo Gardens

. and Fleming Street polyclinics

in New Providence will be con-
ducted to provide for the expan-

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sion of diagnostic services such
as x-ray, ultrasound scan, and
laboratory services at the com-
munity level.
Additionally, he said, evalua-
tions of the Coconut Grove,
Anne’s Town and Fox Hill Clin-

ics will be conducted with a

view towards either repairing
or replacing those facilities.

He said that by December
2007, the Grand Cay Health
Centre will be completed as
well as renovations to the Mod-
ernistic Building on Wulff
Road, which will provide for
the permanent relocation of the
Suspected Child Abuse and
Neglect (SCAN) programme
along with the Adolescent

Health Centre and the food
handlers programme.

Dr Minnis said “immediate
attention” will also be given to:
the proposed repairs to the
Mangrove Cay Clinic to deter-
mine the feasibility of such
repairs or the need to construct
a new facility.

Priority, he said, will also be

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be accelerated

given to existing plans to con-
struct mini-hospitals in Exuma,
Abaco and Eleuthera, as well
as to the construction of pro-
posed primary healthcare clinics
in Rock Sound and North
Eleuthera, North Long Island,
Sandy Point, Abaco, Smith’s
Bay, Cat Island and Mayagua-
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PAGE 8, FRIDAY, JUNE 15, 2007

THE TRIBUNE

mE Sa aa eee
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century version of slavery









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PETER HARDING, 47

of Sea Breeze Lane died at the
_ Princess Margaret Hospital on
Tuesday, June 12th, 2007.

He is survived by his wife,
. Pearlette Harding; father and
mother, Bruce and Una Harding;
five sisters & four brothers.

Funeral service will be .
announced later.



@ By DR D BRENT HARDT,
US Charge d’Affaires

WO months ago, the

international commu-
nity marked the 200th anniver-
sary of the 1807 abolition of
the Trans-Atlantic Slave
Trade.

Throughout schools in The
Bahamas, schoolchildren are
taught that William Wilber-
force’s efforts finally culmi-
nated in 1833 through the
Abolition of Slavery Act.

In the United States, Abra-
ham Lincoln abolished slav-
ery in 1862, though it took
three years of bloody warfare
to make it real. These are
important milestones in
human history that promised a
brighter future where respect
for the dignity of human
beings would be universal.

Today, sadly, the world is
witnessing a new version of
slavery. Once again, human
beings are being recruited,
transported, bought and sold
into forced labour or com-
mercial sex exploitation. Traf-
ficking in persons is the 21st
century version of human slav-
ery, and it is alive and thriving
in countries on every conti-
nent, including the United
States, and potentially The
Bahamas.

As unimaginable as it may



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seem, there are today mcure
than a million men, women
and children around the world
trapped in a vicious web of
exploitation from which they
cannot free themselves.

These victims of trafficking
see little of life before they see
the very worst of life - an
underground of brutality and
lonely fear.

People are trafficked for
many reasons: for prostitution
or exotic dancing, domestic
servitude, and forced labour
into construction, agriculture,
sweatshops, and factories.

When employers use the
threat of deportation, with-
holding of documents, or oth-
er coercion to exploit workers
to serve at lower wages, work
longer hours or endure dan-
gerous conditions, this consti-
tutes human trafficking.

Almost every country in the
world has a trafficking prob-
lem, and our 2007 Country
Report on Trafficking assesses
the extent of the problem in
165 countries.

The United States reports
in detail each year on our own
trafficking problems and our
efforts to meet the require-

‘YOUR SAY’



ments of our domestic anti-
trafficking legislation. Human
trafficking is a universal prob-
lem that requires a concerted
international response if we
are to eliminate this modern
day slavery.

Our just-released 2007
Country Report on Traffick-
ing in The Bahamas observes
that many migrants who may
arrive here voluntarily to work
as domestic servants, garden-
ers, or in construction, may
over time become subject to
labour exploitation.

H mployers may coerce
such migrants to

work long hours for no pay or.

below the minimum wage by
withholding documents or
threatening arrest and depor-
tation. Some commercial sex-
ual exploitation of women and
minors may also exist. All of
this is not to suggest that the
problem is widespread, but
that it is a problem with the
potential to become more
widespread.

The first step to addressing
this problem is a comprehen-
sive network of laws that make

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@ By DR D BRENT HARDT,
US Charge d’Affaires

human trafficking illegal. Oth-
er countries in the Caribbean
region, including Jamaica and
Guyana, have recently passed
anti-trafficking legislation.

Such legislation would pro-
vide specific protection for
trafficking. victims.

These are essential because
only with those protections
will victims feel comfortable
coming forward to identify
employers who may have vic-
timised them and to assist in
prosecution of traffickers.

Eliminating modern day
slavery requires openness to
international co-operation, a
recognition of the worldwide
dimensions of the problem,
and concerted action by all
governments across the globe.

Throughout the world, gov-
ernments, citizens and church-
es have awakened to this chal-

The number of prosecutions
of traffickers worldwide rose
again last year. Many coun-
tries have passed anti-traffick-
ing laws.

The United Nations has
developed a convention
against Trafficking, and many
nations have ratified it.

President Bush has made
combating trafficking in per-
sons one of his top interna-
tional priorities, and the Unit-
ed States provided over $75
million to support anti-traf-
ficking efforts worldwide in
2006.

‘We have already begun
working with the government

of the Bahamas to build

understanding and awareness
of this challenge by providing
training to law enforcement
officers and consulting with
immigration officials.

The development, passage
and enforcement of anti-traf-

ficking legislation would allow

The Bahamas to do its part in
eliminating this modern day
affront to human dignity.



Village Road Phone 393-5310



THE TRIBUNE

FRIDAY, JUNE 15, 2007, PAGE 9



Rane en eS eee ee ee ee eee
Japanese shipping firms
meet with new minister



@ LEFT to right Anthony McKinney, BMA chairman; Nachiko



Yamaguchi, general manager of Mitsui OSK Lines; Thelma
Beneby, permanent secretary in the Ministry of Maritime
Affairs; Dion Foulkes, Minister of Maritime Affairs and
Labour; Fumio Nakahata, manager of Kansai Electrical Power
Company; Yasuhiro Yashima, executive officer of Kansai
Electrical Power; Tomoyuki Sekine, director and managing
executive officer of Iino Kaiun at Kaisha (lino Lines), and
Captain Anthony Allens, Port Controller with the Bahamas Port

Department.

EXECUTIVES from three
major Japanese shipping com-
panies recently met with Mar-
itime Minister Dion Foulkes to
discuss matters of mutual inter-
est.

The Japanese businessmen
are visiting the Bahamas in an
effort to forge a closer work-
ing relationship with the

Bahamas Maritime Authority
(BMA), which manages the
Bahamas International Ship
Registry.

The Bahamas Ship Register
ranks third in the world. BMA
has a representative in Japan
and has launched a campaign
to increase the number of
Japanese ships on its registry.

Other islands

to get school

_ boards in
new policy

lâ„¢ By DENISE MAYCOCK
Tribune Freeport Reporter

FREEPORT - The govern-
ment will for the first time seek
to expand school boards to the
Family Islands, Minister of Edu-
cation Carl Bethel said during
his contribution to the budget
debate in the House of Assem-
bly.

School boards currently exist
in Grand Bahama and New
Providence, but none in any of
the Family Islands.

Mr Bethel said that school
boards will also be given
increased responsibilities.

However, he explained that
unfortunately there have been
no increases in the allocations
and grants made to school
boards in the budget for the
coming fiscal year.

He noted that as a step in the
right direction, the government
will, with immediate effect, stop
the practice of giving the Min-
istry of Education five per cent
of the funds earmarked for the
school boards.

“This year, for the first time,
school boards will receive all
the money allocated to them in
the budget,” said Mr Bethel.

Minister Bethel further said
that the Department of Educa-
tion has continued its education
reform efforts that seek to raise
standards, improve account-
ability, support initiatives, and
forge stronger partnerships to
better serve students.

‘“‘We are most pleased to reit-
erate the fact that included for
the first time in the education
budget, is a line item for the
newly conceived school quality
assurance programme, which is
receiving an initial amount of
$3.5 million.

“Our government is of the
view that this substantial level of
funding is needed to encourage,
at the school level, and promote
innovations in addressing activ-
ities for the enhancement of
indivjdual student performance,
as well as to generally create
improved schools,” he said.

Mr Bethel said that the
Department of Education is
also establishing, for the first

_time, the adolescence health
planning project which will
focus on finding appropriate
ways of addressing the issues of

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adolescent health.

He noted that $100,000 is ear-
marked for the project which
will go a long way in developing
a comprehensive set of plans
which will help the nation’s
youth make responsible choices
and engage in healthy lifestyles.

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Of our father

‘The Reverend Enoch Backford, Sr

1893-1976

“Just think of Sanding on the shore and fidine: it heaven,
Of touching a hand and finding it God’s,

Of breathing new air and finding it celestial,

a wale up in Glory, ye Home.”











ieht children was born 15th November, 1893 to the parentage

1's Cay, Long Island. His father and one brother William were

en he was just nine days old, his mother took the remainder
b near her relatives while rearing her children. :

“The Reversn
~ of the late Robert and Pat
_lost at sea just two mont
of the family to Si







He grew up in Simms, Long Islan attended the Beulah Union Baptist Church under the pastorate of the Le
Reverend Abraham Butler, Little did anyone expect the little boy who walked with a lantern before Reverend Daniel _
Wilshere while the latter rode on a horse, to eventually succeed the Reverend Wilshere as pastor of Salem and
Superintendent of the Bahamas Baptist Union. But at this early age, God was. familianizing ae on with the
reproducibilities which He had alte: y. eordained that he would later assume.

kn wledge, 4 d moved by his destiny, young Enoch, in his mid teens exhausted the
and left for Nassau where he could further his education. In Nassau, he attended —
School. He also availed himself of ev ery opportunity for private study.

e latter half of the decade, 1910 and in the 1920’s. For that reason,
States Army to serve in World War I. He was sent overseas, but even

t destiny of this young man. Before enlisting in the army he became
the Gospel. He was possessed by that call | throughout his military
my, he peenies i 2 Long Tsland to make known his call to family and















upon reaching manhood
as yomne in God’





friends of his call, once ¢ again he set out at upon! his quest for knowledge. This time he sought
nt assistance to war veterans to enroll j in Morehouse College. Unfortunately, the deadline

: whom five children were born « ‘Arthur (deceased), Lilymae, Noami, Ruth and
t home to be with the Lord, while the children were quiet ee However,













bile as in the e St Jobe s Baptist Church with Rev. J. W. Drake.
tist Union, and was ordained to the Sacred Ministry in
eacons Union i in 1926, However, instead of accepting
few months longer. On being oe





vale of of Salem as well as 5 Super en

was the following year, 1933,
ear, he accepted the position of
ide Bacon’, pe and encouraged


































After four years so b ng ther and another ti to his five childs en, he was joined i in marriage to the la
Russell in 1951. the years of their union, she worked tirelessly beside him in Salem and the.



Backford sought to cement the churches of the Union by formine ther

Early in his ministry, Re
r the Districts. These were in Andros, Bleuthera, Exuma, Long

- well as appointing Ministers to co
Providence, -



It was through the joint efforts
then Superintendent of St John’s A Cliches and Rev. Backford, Superistendnt
Union of Churches, along with the pastors of the two unit churches, that the Bahamas Bapti
Educational Convention was formed, assisted by the National Baptist Convention U.S.A.

~ during that year (1935) that the officers of the National Baptist Convention, U.S.A.
the first time:



Rey. Backford was the second President of the B Bahamas Baptist Missionary and Educationa
served faithfully and with iniegsity. for eleven years. He succeeded the late Rev. Caring













ptist Ed cation in The Bahamas, Rev. Backford went to America in the earl
Jordan, then Secretary of the Foreign Mission Board of the National Bapti

assistance from the Foreign Mission Board, to start a Bapist School.

ial Baptist School was organized. Before moving to Baillou Hill Roa

building used for “Girls Industrial School”. The School was named in

principal was Rev. William Albury. Rev Backford served as the first Che

d Peis without compensation and several times ee to save the choo)

Concerned abo
he met with the



ouraging the first four Bahamians to enroll in the Ainerican Baj
935. They were the late Rev. R. E. Cooper Sr, Salen Baptis
Rev. A. S. Colebrooke, St. Paui’s Baptist Church, Bias Street and Re\

: service, his influence has touched the Sunday Scioo! Publishing Board of the N
Baptist Convention, U.S.A. Inc., the Foreign Mission Board and the National Baptist Convention, US.
large. His name is also written in the annals of the Baptist World Alliance. Rev Backford’s forty-two years as pas
of Salem and forty-four years as Superintendent of the Bahamas Baptist Union of Churches is a convincing kenny
that God had predestined his ministry. a

He was a man of commitment and integrity, and served his God faithfully. He nevei sought fame or fonine
always took a stand for right and righteousness, regardless of the circumstances. even when he had to stand alone.
Like the apostle Paul, he struck to the fight when hardest hit. “He fought a good fight: he kept the faith and finished SS
his course with joy’. Le



_- The Baptists have honoured him in the U.S.A. as well as in The Bahamas; the Nassau Community bas honoured him
and Queen Elizabeth II has honoured him. However, on November 2, 1976 at 4:00am, he received the highest honour
man could ever receive; God crowned him with victory: “Well done thou good and faithful servant, enter into the -
joy of thy Lord.’

“Servant of God well done,

Praise be thy new employ;

_ And while internal ages run

a Rest in thy Saviour’s joy!”
Gone but not forgotten. He will always be loved and cherished.

_ Your children: Lilymae, Naomi, Ruth and Enoch along with your grand, great grand and great great grandchildren.

PAGE 10, FRIDAY, JUNE 15, 2097
Man wanted for questioning in
murder case is apprehended

mH By DENISE MAYCOCK
Tribune Freeport Reporter

FREEPORT - A 32-year-old man wanted for
questioning in a murder case was apprehended on
Wednesday evening by police in the Deadman’s

Reef area.

Chief Superintendent of Police Basil Rahming
said officers of the Central Detective Unit, acting
on information received, went to the Deadman’s
Reef settlement around 6.10pm and took a sus-

pect into custody.

The man is wanted for questioning in connec-
tion with the murder of Roslyn Louis, 20, of Hep-

burn Town, Eight Mile Rock.

Miss Louis, an employee at the ‘Keeping Babies
Until Two’ infant clothing store, at Bartlett Hill,
Eight Mile Rock, was found lying on the floor of
ie store in a pool of blood around 4pm on June

FROM page one

“We received 15,821 more
votes in 2007 than we did in
2002,” the prime minister said.
“The 68,624 citizens who cast
their votes in support of the
FNM this time outnumbered
the 64,648 votes received by the
PLP in their 2002 victory.

“There was an 18,070 voter
swing favouring the FNM in
2007. The PLP support shrank;
the FNM support increased. All
the noise about new elections
in 18 months is just that — noise;
hot air; wishful thinking!” he
exclaimed.

As the FNM failed to gain
more than 50 per cent of the
popular vote, critics attack the
administration, claiming that
the newly appointed govern-
ment has no “moral authority”
to govern as they do not repre-
sent the “majority” of the voting

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The young woman had suffered a severe wound

in stomach.

She was taken to the Rand Memorial Hospital,

June 12.

where she later died in the Intensive Care Unit on

Police believe that robbery was the motive for

the crime as preliminary investigations indicated

that there was a struggle between the victim and
the perpetrator.

Ms Louis’ death is the seventh homicide for
the year in Grand Bahama.

Supt Rahming said the man in custody is assist-

homicide.

ing police with their investigations into the recent

He is expected to be arraigned in

today.

the Freeport Magistrate’s Court at 10am

Police thanked members of the public and
the news media for their assistance in helping to

resolve the matter.

‘Ingraham: support for
PLP shrank in election

public. However, Mr Ingraham
said that such a foolish protes-
tation could not be valid as gov-
ernments throughout the world
only need to garner “the major-
ity” of votes to be elected.
“Members Opposite said sim-
ilar things about our victory in
1992,” Mr Ingraham said. “They

called us an ‘interim govern-

ment’ then.

“Yet, at the end of our first
term in office we were returned
to office by a far greater major-
ity than in 1992.

“For our second term we
received 57 per cent of the total
votes cast; won nine out of 10
Family Island seats; won all of
the Grand Bahama seats and
we won 19 of the 24 New Provy-
idence seats. That is what the
people did when governance
pleased them.

“In contrast, at the end of
their first term in office, those
opposite did not have their con-
tract renewed.

“Their loss at the polls came
as a direct result of the dissatis-
faction of the Bahamian peo-
ple with their performance in
office. The Bahamian people
were not satisfied in their

majority, with the service of the _

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PLP in government,” he said.

Mr Ingraham said that the
PLP can sulk and mope all they
want, or be as “bombastic and
uncooperative” as they like; but
when all is said and done, they
will still have to come to terms
with their fate of being the
Opposition — not the govern-
ment.

“The fact is that they are and
will remain the Opposition not
for 18 months but for five long
years. And then the Bahamian
people will decide anew who
next leads. Until then we will
go on serving; giving the best
of our service on behalf of all in
our land.

“Mr Speaker, my immediate
predecessor in office once said
he always wanted to be Prime
Minister. Not I. Such a lofty
thought could not and did not
enter my contemplation until I
was a grown man and people
put that thought into my head.

“T am here at the request and
determination of my party and
the Bahamian people. I pledge
to serve the people — all of the
people of the Bahamas for so
long as they would have me, or
for so long as I am able to do

so,” he said.



*e@@
¢

a, She PSs as



THE TRIBUNE FRIDAY, JUNE 15, 2007, PAGE 11



_.LOCAL NEWS

MP questions increases
in local govt allocations












@ MICAL MP
Alfred Gray speaks
in the House of
Assembly yesterday.

(Photo: Tim Clarke/
Tribune staff)



FROM page one is that island communities such was under harsh attack by Mr allocation increases for Bimini
; . as Acklins depend on local gov- Gray and the opposition, Mr — ($234,500); Black Point, Exu-
Laing strongly denied. ernment funds for “assistance” Laing also intervened, chal- ma ($87,500); =Exuma

During the third reading and
committal phase of the budget
debate yesterday, Mr Gray told
the House that his “soul

was not happy” with the “pat-.

tern” as laid out by the govern-
ment.

Mr Gray who raised this
objection in his budget commu-
nication, though not charging
at that time that it was politi-
cally motivated, used the exam-
ples of increases for FNM com-
munities such as Grand Cay,
Abaco ($77,200); Green Turtle
Cay, Abaco ($85,000); Spanish
Wells ($130,000); North
Eleuthera ($80,000); Long
Island ($207,500); and Marsh
Harbour ($434,500), as com-
pared to the increases for those
PLP represented communities
such as Acklins ($6,360);
Crooked Island and Long Cay
($7,320); and South Eleuthera
($19,824), as evidence of his
assertion.

What makes these allocation

even more unfair, Mr Gray said,

and “survival”, therefore their
need for these is far greater
than those islands that are more
prosperous and received much
larger increases.

Referring specifically to
Crooked Island and Long Cay,
Mr Gray pointed out that the
$7,320 increase cannot even
provide for the hire of one addi-
tional employee for these com-
munities.

“That’s an area where the
people almost depend on the
government and its allied ser-
vices for survival,” he said.

“Don’t give to some and not
to all,” Mr Gray added.

To these criticisms, the Min-
ister for Lands and Local Gov-
ernment, Sidney Collie, replied
that the amount awarded was
given based on the size of the
population, the level of eco-
nomic growth for the specific
community and the level of
direct investment currently
flowing into the area.

In defence of Mr Collie, who

lenging the validity of Mr
Gray’s claim that primarily
FNM constituencies received

Mr Laing said that recurrent

($134,500); and South Andros
($94,000), all represented by
PLPs, demonstrate that Mr
Gray is not correct.



Kelly’s donates $20,500
to dialysis campaign
FROM page one

Mrs. Kelly has a long history with the Princess Margaret Hos-'

pital, having been founding coordinator of its Volunteer Auxiliary,
better known as the "Candy Stripers." This group was formed in
early 1966 after the disaster of the ss Yarmouth Castle, which
sank in Bahamian waters with great loss of life in November, 1965.

The Princess Margaret Hospital is no stranger to the generosi-
ty of Kelly's, each year the business organizes four blood drives.
Every Kelly’s customer who donates a pint of blood during the dri-
ve wins a $200 gift certificate from the store. Additionally, every
child admitted to Princess Margaret over Easter receives an East-
er basket.

The dialysis campaign was launched by The Tile King, FYP
Ltd., The Tribune and its partner radio stations — 100 JAMZ,
COOL 96, JOY FM — and the Princess Margaret Foundation.

Persons interested in donating to the campaign should contact
Sean D. Moore, Tribune marketing manager, at 502-2394. All
donations should be in the form of a cheque made payable to the
Princess Margaret Hospital Foundation, with a note that the dona-
tion is to go to The Dialysis Machine Fund.

PLP ‘begins contesting seat’

FROM page one

that the first step is to make
an application for leave to a
file petition.

“Then you need the permis-
sion of a Supreme Court judge
to file it (the petition). Once
you get that leave then you file
that petition, then you serve it
and then the Chief Justice con-
venes a court himself or directs
another judge to convene a
court,” he said.

Mr Munroe said that a peti-
tion can be filed on the same
day that leave to do so is given
by a Supreme Court judge.

The seats most likely to be
contested are currently being
held by two FNM Cabinet
ministers and.by three minis-
ters of state.

According to the Parlia-
mentary Registrar Depart-

ment’s information, the FNM
won Blue Hills by 47 votes,
Golden Isles by 62, Sea Breeze
by 64 and Marco City by 47
votes.

Mr Munroe said that
although he is only dealing
with those four constituencies,
he understands from reports
in the media that the PLP may
also be contesting Pinewood.

The FNM’s Bryan Woodside
won that seat by 64 votes.

Mr Munroe in an earlier
interview said that he believes
it is possible that thousands, if
not tens of thousands of non-
citizens, may have voted in the
election, thus representing the
balance of power in many
seats.

In an election in which there
were multiple allegations of
voter fraud, he said, contest-
ing seats could be argued to
be a sovereign duty.

large increases.



More changes to come
in the public service

FROM page one

been assigned to the cabinet office will have
work assigned to them, and are likely to even-
tually be reassigned to other positions, main-
taining their seniority, in the public service
over time.

Mr Ingraham also used the occasion to
again criticise the former government for not
effectively using the talents of Missouri Sher-
man-Peters — who he did not identify by name.
Ms Peters has recently been transferred to

the Ministry of National Security.

The prime minister said that when he came
to office this permanent secretary and “tal-
ented” Bahamian had “nothing” to do under
the previous PLP government in the cabinet
office, before he reassigned her to the Ministry
of National Security.

The questions surrounding the transfers
and placement of permanent secretaries by
the leader of the opposition, relate to con-
cerns he raised in his budget communication.
Here, Mr Christie argued that the FNM gov-
ernment was creating a culture of “fear” and

insensitivity, in part, as a result of the handling
of staff in the public service.

“It now appears that:people who hold posi-
tions of authority can be removed or trans-
ferred regardless of their ability if they are
thought to be supportive of the other side,” he
said.

The former prime minister at this time
lamented that his “actions of decency and fair
play have now been undone in just six weeks.”

Prime Minister Ingraham has strongly
denied that any of these moves were acts of
victimisation.

DAVID YURMAN

‘End in sight’ for Morton Salt dispute
FROM page one

an agreement bashed out in a three hour meeting that afternoon.

Officials representing the company, including managing director
Glen Bannister and his attorney Oscar Johnson, and Bahamas
Industrial Manufacturers and Allied Workers Union, including
union counsel Obie Ferguson and president Wilfred Seymour,
met, with Mr Foulkes, at the Ministry of Labour.

The history of the dispute is a long and winding one. The union
has been without an industrial agreement since 2005. They were last
known to be demanding a 5 to 6 per cent basic salary raise for the
years 2007 to 2009. Morton Salt's latest publicised offer was an
increase of 3.75 per cent, attached to a 40-hour week productivity
bonus, which roughly equates to another two per cent.

Such a bonus would come into play if workers achieved a certain
harvested salt tonnage.

Workers have said they would like to see the increases attached
to their basic salary, instead of productivity.

The pay issues have been played out against a backdrop of
falling salt production at the Inagua plant. Unexpectedly heavy and
prolonged rainfall has been blamed by company officials as the basis
of gloomy predictions made earlier this month that the company will
likely produce less than half the 1.2 million tons of salt harvested in
2006.

A proposed cut in the work week, from three to five days, which
the company claims may be required in order to avoid redundan-
cies — a possibility which would likely bring the island's economy
and employment to a standstill — caused much upset at the plant
earlier this year.

It is believed that the latest round of negotiations also worked out
this issue, although persons who have been party to the talks have
been quiet about the exact details.

The negotiations resonate more strongly when considered in
light of the fact that Morton Salt is estimated to employ roughly 60
per cent of Inagua's population.

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THE TRIBUNE

PAGE 12, FRIDAY, JUNE 15, 2007

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BIFF Monthly
Film Series
continues

with Refugee

All Stars

THE BAHAMAS
INTERNATIONAL FILM
FESTIVAL Monthly Film
Series continues with the
showing of The Refugee All
Stars on Saturday at the
Hard Rock Café.

This feature length docu-
mentary film tells the
remarkable and ultimately
life-affirming story of Sierra
Leone’s Refugee All Stars -
a musical group formed by
refugees from Sierra Leone’s
horrific civil war.

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(AP Photo/Jim Cooper)

Public Notice

The Bahamas Co-operative League is
conducting a membership survey on
New Providence and Grand Bahama.

The purpose is to solicit views on how
to expand and/or improve the services
offered by credit unions so that the
League can plan the way forward.

Information obtained will be handled
in the strictest confidence. All
members are asked to participate in
this survey.

THE BAHAMAS CO-OPERATIVE LEAGUE

Russell Road

(Oakes Field across from COB campus— through
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THE TRIBUNE FRIDAY, JUNE 15, 2007, PAGE 13

THE TILE KING, FYP LTD, THE TRIBUNE,
EDWARD E. PATTON & ANNETTE ROLLE
have partnered to supply critically needed
DIALYSIS MACHINES
for the Princess Margaret Hosptial

You can
neip

to purchase 8 dialysis
machines for the PMH






















The number of patients that need dialysis is
pushing the dialysis center to its capacity.

Each dialysis unit costs $20,500 complete
installation, training of staff members and 1 year
of technica! support. All donations should be
made payable to The Princess Margaret.
Hospital Foundation with a note for The Dialysis
Machine

Your contribution will help hundreds of patients
that rely currently on these old machines for life.

Contact Sean D. Moore of The Tribune at
502-2394 or Thelma Rolle of the Princess
Margaret Hospital Foundation at 325-0048
to make a donation.

WHY NOT JOIN US? THEY HAVE!

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va | : - ; : . - ny an | j Z Tu Vise. Uy VE OWHOYPH







PAGE 14, FRIDAY, JUNE 15, 2007

© THE TRIBUNE





2007

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from failure.

Tee
Graduation ceremonies

YOUNG MaANn’s VIEW

@ By ADRIAN GIBSON
ajbahama@ hotmail.com

“There are no secrets to suc-
cess. It is the result of prepara-
tion, hard work and learning

”

Colin Powell

LTHOUGH = the

Bahamas is presently
confronting social and educa-
tional ills, I was assured this
week - after attending the grad-
uation ceremonies of my alma
mater, North Long Island High
School (NLIHS) - that all is not
lost. ,

On Wednesday, I travelled
to Long Island to attend my
brother Shavado’s graduation,
and I was pleasantly surprised
to discover that of a class of 19
students, 17 of the graduating
seniors were males.

Even more praiseworthy was
the revelation that six of these
young men, (including Shava-
do) were graduating with hon-
ours while nine of the others
had attained a cumulative GPA
of 2.00 and above.

In an age when so many
young men are travelling a way-
ward path, it was a breath of
fresh air to see that these young
chaps were tenacious, driven to
succeed and looking to the hori-
zon - hopeful and eager (grad-
uation theme).

Generally, young Bahamian

males have a positive example
to follow here, as it is clear that
our female counterparts are vig-
orously pursuing their goals and
rapidly replacing males in
strategic positions, while a large
percentage of male graduates
are falling by the wayside,
smoking weed on the blocks
and settling for less.

Id particularly like to pub-
licly congratulate Shavado on
his achievements and express
my great pleasure in seeing my
little brother take the leap from
high school to university and
from teenager to young adult.

As summer approaches, the
Bahamian educational system
is Once again in ‘graduation
mode’. This year’s graduates
must realise that finishing high
school is a milestone and that

rear the.crossroad where
they"must now make responsi-

ADRIAN
ble decisions and face the world,
as their futures heavily depend
on the choices that they make.

These graduates should all
strive to become good citizens
of the world, setting positive
goals and high standards.

When facing challenges and
discouragement in their quest
for excellence, this year’s grad-

uating class must keep in mind

Ge BSC (N
off, leaving a dirt strip for
islanders to manoeuvre their
vehicles while dropping into
potholes at every point. Long
Island undoubtedly has become
the forgotten island, and I am
curious as to why MP Larry
Cartwright did not agitate for
more relief for islanders during
his first term.

Stella Maris International



“ When facing challenges and
discouragement in their quest for
excellence, this year’s graduating class
must keep in mind the saying that
eagles soar and do not hang around
with chickens that are afraid to fly.”

ES SP SEE

the saying that eagles soar and
do not hang around with chick-
ens that are afraid to fly.

It takes strength and true
determination to overcome peer
pressure - in the words of Beres
Hammond, “don’t watch the
crowd, their duty is to be loud.”
In the words of the great come-
dian Milton Berle, “If opportu-
nity doesn't knock, build a
door!”

Although my time was short
on Long Island (one day), I saw
first-hand that Long Island has
been overlooked in terms of
development and upgrades, and
in some parts, is in a state of
despair. Even though Long
Island produces some of the
brightest minds this country has
to offer, it remains in a stagnat-
ed, backward state.

_ Traversing the roads of Long

Island - particularly the settle-
ments of Simms and O’Neils - is
comparable to riding a rickety,
bumpy roller coaster.
__ The roads are in a sad state
of deterioration. In O’Neils and
Simms, the roads are unkempt
as bushes have crept on to the
thoroughfares and gaping pot-
holes are frequent.

Frankly, the roads are so
awful, even the tar has peeled

Lumber

Airport has yet to be repaired,
although it has been closed for
about a year. The new govern-
ment must move expeditiously
to reopen this international
gateway, which.serves as an eco-
nomic lifeline to so many Long
Islanders.

The dock at Simms should
also be addressed, as many
north Long Islanders are incon-
venienced and must travel
lengthy distances because the
dock is not dredged deep
enough or built wide enough to
receive the mailboat.

And why hasn’t Cable
Bahamas installed its cable TV
and internet services in the
north as yet?

There is also a need for a
Packing House in the north, as
the former Packing House is a
dilapidated, unoccupied and
rotting facility that now has
shrubs sprouting from it.

Farming is on the decline on
the island as many old-time
farmers have died or are too
old to manage their farms.
Farming has also gone down-
hill because initiatives to pro-
mote farming and encourage
youngsters to enter this hon-

SEE page 15



~~

THE TRIBUNE



as ae ee eee
show that all is not lost

FROM page 14

ourable field have not been
employed. Larry Cartwright,
the Minister of Agriculture,
must forthrightly set about
putting programmes in place to
encourage his constituents to
enter the agricultural arena
rather than shun it.

The economy of Long Island
is sluggish. What’s more, there
are no ‘anchor projects’ and no
indication has been given by
either government as it relates
to developing the island to give
it the economic boost that it
needs,

Howe: this is not to
say that there are no

opportunities on Long Island,
as there are opportunities for
growth that have yet to be
embraced - for example, there

are no lawyers, dentists, photo’

shops, private clinics and doc-
tors, certified computer engi-
neers and so on. Because I
know Long Islanders to be
industrious people. we must
broaden our horizons and
ignore the urge to clamour for
standard government jobs!

Melinda Pratt, principal of
NLIHS, says that there are no
activities designed for young
people,on the island. “There is a
need for a game room and
tutoring and youth centres that
kids can go to to complete their
homework, access the internet
and socialise - with supervi-
sion,” she said.

Mrs Pratt also expressed her
concern that “there is no
enforcement of the laws regu-
lating alcohol”. She claimed:
“When it comes to the sale of
alcohol here, no-one checks for
IDs. Everyone gives kids alco-
hol. There is a problem with
alcoholism to the point that
some people drink irresponsi-
bly. We must separate our kids
from alcohol, because kids need
to know that they can socialise
without alcohol.”

Among activities the princi-
pal proposes would be one cen-
tred on agriculture. Mrs Pratt
said: “I want to initiate an agri-
cultural facility to grow pigs,
vegetables and chickens. There
is a need for an agriculture
teacher here. Between our

school and the maritime min-
istry, We can also start a sailing
programme where students’ can
spend time sailing and building
character traits.” Maybe Mr

Cartwright can take a cue from
Mrs Pratt!
The government or national

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trust must also set about putting
protective measures in place to
secure the unique mangroves
and inimitable flora and fauna
of this picturesque island.
Indeed, it was nice to enjoy
fresh, unpolluted air again!
Congratulations graduates!



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FRIDAY, JUNE 15, 2007

SECTION



business@tribunemedia.net

Miami Herald Business, Stocks, Analysis, Wall Street






FAMILY
GUARDIAN

Insurance & Investments
to Build a Better Life’
Telephone 242-393-1023






-Manufacturer’s profits
fears on duty reduction

@ By NEIL HARTNELL
Tribune Business Editor

A BAHAMIAN manufac-
turer of aluminium windows
yesterday told The Tribune that
the Government’s plan to
reduce customs duty rates on
rival imports from 35 per cent to
25 per cent would “make it very
difficult for us to be profitable”,
and had “thrown a spoke in the
wheel” of its expansion plans
that could employ a further 20
Bahamians.

Andrew Rogers, owner of
Bahamas Aluminium Manufac-
turing, said of the planned duty
reduction: “There’s no doubt
about it. With the 35 per cent
duty it’s difficult for us to com-
pete, but wecandoit. |

“If they reduce it to 25 per
cent, it’s going to really inter-
fere with the small, minimal
margins we have to work with.
It’s going to be very difficult for
us to be profitable.”

The Government, in its Bud-
get presentation, said it planned
to reduce customs duties on
imported doors and windows

BORCO sale ‘watched

¢ Bahamas Aluminium Manufacturing says 35%
to 25% tariff cut ‘throws a spoke in the wheel’ of
expansion plans to employ 20 more Bahamians,
which have already cost over $100k

¢ Firm ‘so far in it can’t go back’ on expansion,
with move seen as ‘slap in the face’

made of plastic and steel from
35 per cent to 25 per cent, bring-
ing it into line with the duty rate
imposed on the wooden ver-
sions.

But Mr Rogers said of the
decision: “In short, it makes it
more difficult to compete with
foreign manufacturers, because
they can bring the product in
more cheaply. It gives you less
of a margin to work with. The
margins are critical because we
are in a small country.”

The impact from the Gov-

ernment’s plans to reduce duty
on plastic and metal windows
imports was questioned in the
House of Assembly by opposi-
tion MP Dr Bernard Nottage,
who warned of the competitive
effect it would have on Mr
Rogers firm and its expansion
plans.

In response, Zhivargo Laing,
minister of state for finance,

said the Government was pro-,

jecting only a minimal loss of
revenue from the duty reduc-
tion, and the plan could be dis-

with great concerns’

@ By. NEIL HARTNELL
Tribune Business Editor

THE Grand Bahama Cham-
ber of Commerce’s president
yesterday told The Tribune that
the business community was
“watching with great concern”
the latest attempt to sell the
Bahamas Oil Refining Compa-
ny International (BORCO),
hoping that it would remain
open and that its eventual buy-
er would invest enough capital
to upgrade the facility.

Christopher Lowe said of the
sale, which was first revealed
by Tribune Business on
Wednesday this week: “It’s a
reminder that things are con-
stantly shifting on the world
stage, and we obviously need
-to see it remain open during this
process as it [BORCO] has
existing contracts to fill.

“We're watching it with great
concern, hoping that it remains
open in its current state, and
whoever buys it has capital to
invest.”

BORCO is the lastest
Freeport-based industrial asset
to be put up for sale, with
Mirant seeking to dispose of its
55.4 per cent stake in Grand

Government to |

Bahama Power Company to the
Japanese conglomerate,
Marubeni, and a deal said to be
in the offing for the former
Uniroyal plant.

When asked about the poten-
tial changes in industrial asset
ownership in Freeport, and its
wider implications for Grand
Bahama, Mr Lowe replied: “We
really need the powers that be
in Freeport - the Grand
Bahama Port Authority
(GBPA), Government and
licencees - to decide whether
Freeport is to have an industri-
al presence. I think it should,
because that was the original
intent.”

The Venezuelan state-owned
oil company, PDVSA, has put
BORCO, which has a 20 mil-
lion barrel storage capacity, up
for sale, with “just about every
big oil company going to take a
look” at it.

Sources yesterday told The
Tribune that this was about the
third or fourth time within the
last 10 years that PDVSA has
attempted to dispose of BOR-
CO, the company said to have

been last time seeking a price of

around $150 million in a process
that was handled by JP Morgan

reduce home
downpayments

@ By CARA BRENNEN-BETHEL

Tribune Businesss Reporter

THE Government is planning to reduce the downpayment on
government-guaranteed home mortgages to 5 per cent, it was
announced yesterday, as it bids to strengthen Bahamian home
ownership and bolster the middle class. :

Zhivargo Laing, minister of state for finance, told delegates
attending the 11th CEO Network: “In due course, we will reduce
the down payment required for government guaranteed home
mortgages to 5 per cent of the total cost, inclusive of utility con-
nection and other fees and charges.”

He said property and home ownership were a good means of eco-
nomic empowerment, and Bahamians can look forward to having
Crown Land made available to them at concessionary rates for

home construction and business.

This, Mr Laing said, was to facilitate the construction of 3,000
affordable homes by providing either fully serviced lots and/or

newly constructed houses.

SEE page

re







Chase, the investment bank.

It is thought that no pre-
vious offer met PDVSA’s
expectations on price or oth-
er terms and conditions, and :

’ this time the investment

banking arm of Citigroup,
the world’s largest financial
institution, has been hired to
handle the BORCO sales
process, which is understood
to be taking the form of an
open, transparent ‘beauty
contest’.

SEE page 10B



ety Y

Down pay!

Terms ur



“ AFFORDABLE!”

The terms you

cussed further in the Budget
debate and at the committee
stage in the House of Assem-
bly.

Meanwhile, Mr Rogers said
Bahamas Aluminium Manufac-
turing had spent $300,000 three-
and-a-half years ago to purchase
the awning windows line, which
he estimated 60-65 per cent of
Bahamian homes bought
because they provided 90 per
cent ventilation.

SEE page 6B



the ‘number one focus’

@ By NEIL HARTNELL
Tribune Business Editor

Getting the Contractors Bill
tabled and passed by Parlia-
ment will be “the number one
objective” for the newly-elected
Bahamian Contractors Associ-
ation’s (BCA) president and his
team, it was announced yester-
day, with the construction
industry in desperate need of
regulation.

Stephen Wrinkle, of Wrinkle
Development, told the BCA’s

2007 annual general meeting

_ “MORTGAGE APPROVED!”

: - The words you want to hear. :



expect to get.
low as 5%

Nassau 242 396 4040
Freeport 242 352 7233




New Association president says
‘regulating the industry is the number
one task’, with legislation proposing
construction firm licensing system to
protect public

Houses of Parliament. We will

(AGM): “The biggest thing we
do everything we can to get this

can do is get this legislation

passed. The number one objec- _ through.” :
tive of this administration is to
bring the Contractors Bill to the



SEE page 7B





- Wl FAMILY
GUARDIAN
INSURANCE
COMPANY





PAGE 2B, FRIDAY, JUNE 15, 2007

THE TRIBUNE





‘Keyword’ for e-commerce
is: ‘focus on your strengths’

W hether you are
new to e-com-

merce or an old hand at it,
deciding on the market or
niche to operate in will be cru-
cial to your success. In the
same way that you choose
your spouse, the choice of
your business area will require
some care and strategy. You
will spend many hours work-
ing in your business, so make
sure you are passionate about
what you will be doing, that
your business will challenge
you, and that you will be
excellent at doing it.

If your first instinct is to
research a particular market,
or product area, then you are
putting the horse before the
cart.

The first thing you need to'

do is to Focus on your
Strengths. Whenever you play
to your strengths, you are
going to find things easier to
pick up and do. So go back
and reread my previous col-
umn, What Business to Start,
for a refresher on playing to
your strengths. Rich Schefren,
a business coach and Internet
marketer, writes that you
. should try and start a business
where either the core skill
needed to win is a strength of
yours, or where your strengths
will allow you to disrupt the
entire competitive landscape.

| he second thing you
need to do is to

research Your Niche. There
are several ways in which you
can do this. One way is to go
to your bookstore and check
out the magazine section to
find ‘areas of interest where
there might be opportunities.

Google the various areas you, ,

are interested in. to.see what -:..

teow hot lH Rat aa soy?

the competition is doing, and
whether you can offer some-
thing that is of better value to
your customers. Also, go to
sites such as Amazon and
check what books have been
published in the areas that you
are interested in.

Another thing you can do
is to check the affiliate net-
works and directories. Go to
sites such as ClickBank, search
the products for sale and see if
the area you want to enter is
highly saturated or not.

The third thing you need to
do is Keyword Research if you
want your website to be high

| Business



important. For example, if you
bid for the keyword ‘parental
control e-mail’, and agree to



You will spend many hours
working in your business, so
make sure you are passionate
about what you will be doing,
that your business will chal-
lenge you, and that you will be
excellent at doing it.



up in the search engine rank-
ings. If you want visitors to
find your website, you will
need to build into your web
pages those critical keywords,
the search terms that people
use when they are searching
the Internet. Use sites such as
WordTracker, where you can
find the keywords that your
customers are using to search
for your type of product.

I: you want to advertise
online on sites such as

Google or Overture, your
sees

ah

ion of keywords will be |

pay Google 50 cents for every
click through when a customer
searches for that term, Google
will serve them the relevant
page and you will have an
advertising spot to the right
of it.

When the customer clicks
on your advert, and goes to

your website, Google then .

charges you for that click
through. So, to ensure you will
make a profit on your adver-
tising campaign, you will need
to research two further things:

You will need to check the

.demand for those keywords.
You can check how many

people are bidding for your
keywords by using sites such
as AdwordAnalyzer. If no
one is bidding, or the price for
those keywords is low, it could
mean those keywords won’t
bring traffic to your site, or
that there is not enough
potential business to make a
profit in that market.

You will need to establish
the cost of those keywords.
Using AdwordAnalyzer, you
can check what the bid prices
for those keywords are. If they
are too expensive, then it will
be difficult to make a profit.
For example, if you have a
product that has a $10 profit

to your site, only 2 per cent
buy your product, you will
have made a loss, as you spent
$50 advertising (100 visitors x
50 cents) to generate $20 prof-
it (2 products x $10).

I: this area is beyond you,
talk to your webmaster,

hosting company or SEO
companies for advice.

The fourth thing you need
to do is to Carry Out a Survey.
Carry out an offline or online
survey to determine if there is
a demand for your product. Go
to sites such as SurveyMonkey
and create your online surveys
where you can view your
responses online. You can also
upload your own e-mail lists
to send the survey to.

The fifth thing you need to
do is to Research The Prod-
uct. Look at other top-selling
products that are non-com-
peting, and review how they
have managed to be success-
ful. What is it about their
product that puts them ahead
of the competition? Is it the
features? Is it the benefits? Is
it customer service? Is it pric-



Remember, the Internet is
transparent, and if you are
reselling a product that is easi-
ly available for others to sell,
then you may be subj) to

price wars.



margin, and you pay Google
50 cents per visitor for a par-

> fala woe and_for.every .,
itt LOTS that, click oon

100’ visit

ing? Remember, the Internet |

is transparent, and if you are

reselling a product that is eas-
ily available for others to sell, ©

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able. as..an

then you may be subject to
price wars. Check eBay, as
that is where you will often
see the cheapest price for a
product. Then decide if you
can compete.

The sixth thing you need to
do is to Research the Sales
Process. As the market
becomes more and more com-
petitive, it’s becoming more

. and more difficult to make

money through online adver-
tising campaigns at the front
end. So, successful marketers
have looked at how to take
that customer. into a path by
selling them something at the
front end with at a slight loss,
and then up selling them, or
selling them something more
expensive, at the back end. If
you can figure out a way to
do this with your product,
then when keywords are bid
up you will still be in a posi-
tion to make money at the
back end.

Selecting your eMarket is a
crucial element of planning.
Get this right and you stand a
greater chance of not becom-
ing a business failure statistic.
So, in order to avoid the trap
of antipreneurship, make sure
you spend sufficient time on
this area, as it will pay large
dividends for your future busi-
ness success.

NB: This column is avail-
eBook at
www.antipreneurship.com.
Mark draws on 20 years of top
level business, marketing and
communications experience in
London and the Bahamas. He
is chief operating officer of
www.ezpzemail.com, current-
ly lives in Nassau, and can be
contacted at -markalex-
palmer@mac.com

© Mark Palmer. All rights

reserved

Special Reward for our ‘Most Senior’
Senior Account Holder! .
If you think you’re our oldest account holder as
at July 10, 2007, come in and convert your
account to a Senior Account and you could win

Visit your nearest FirstCaribbean
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as your needs dictate. Plus, if you already hold an account with us, it’s easy to
switch and enjoy all the benefits of our Senior Accounts.



FIRSTCARIBBEAN

INTERNATIONAL BANK

GET THERE. TOGETHER.



tH

.







THE MARKETS

STOCKS, MUTUAL FUNDS, 8B

DOW30 13,553.73 +7138 «Ak

S8P 500 —*1,522.97 +7.30. Aa

NASDAQ 2,599.41 +17.10 Ak

10-YRNOTE 5.23.02
-CRUDEOIL «67.65 +139

Stocks
rally as

wholesale

rise mild

BY MADLEN READ
Associated Press.

NEW YORK — _ wall Stieet s
surged again Thursday, launch- _
ing the Dow Jones industrial |

average to its best two-day |
advance since last July after

data showed that wholesale
inflation, excluding energy and —

food costs, is Heine ata gentle SS

pace.

the Labor. Department’s head-

line producer price index, _
which rose 0,9 percent in May

~ due to surging gasoline prices
a bigger increase than in
- April and higher than e ni
_ mists predicted.
Investors - oS were



ee couple th that started. oo.

_ the market last week, when the

yee on the benchmark ey i
sed :



. day. The market’s initial dismay

: ‘over rising bond yields and the



_ diminishing chance of a rate cut
~seems to have abated; with
em Treasury yields | appearing sta
ble, the market is more at ease
_ with the idea that the Fed pro
ably won’t lower rates this y

_ said Jay Suskind, head ‘trader at
Ryan Beck & Co.
-. The consumer price index,
ve:

‘an inflation.gauge that.
more closely watched
Fed than the PP
released Friday. ee

. The Dow rose 71.37, or. 0. 53
2 percent, to 13,553.72. The Dow





_ has risen 258 points over the _

' past two sessions, logging its.

~ largest two-day point § pan since a

July 18-19.

- The blue chip index i is , still 2

(122 points below the record ©
close it hit on June 4, but itis up

_ 287 points from 13,266.73 —the _

trough it tumbled to on June 7;

after rising yields started spook- a

: ing investors.

Broader stock. sndicaiors alsa. y
rose Thursday. The Standard & —

_ Poor’s 500 index advanced 7.30,

- or 0.48 percent, to 1,522.97, and _

_ the Nasdaq composite index





seat 0. 62 percent, Britain

- FTSE 100 added 1.38 percent,

Germany’s DAX index rose 2.19
percent, and France’s CAC-40
advanced 1.90 percent.
The dollar rose against other
_ major currencies, and. gold
* prices also climbed.

_ Crude oil prices jumped $1.39
to $67.65 a barrel on the New
York Mercantile Exchange,
buoying oil company stocks.
ExxonMobil Corp., Chevron
Corp. and ConocoPhillips all
rose more than i percent.

The Russell 2000 index of
smaller companies climbed 4.58,
or 0.55 percent, to 837.12.

Advancing issues outnum-
bered decliners by nearly 2 toi
on the New York Stock
Exchange, where consolidated
volume came to 2.80 billion
shares, down from 3.02 billion
Wednesday.

The market 1 was uneaced by : :





SS ‘Thursday to 5.23 percent Boat S
5:21: percent” late ‘Wednesday, oh
_ but stayed well below the peak

of 5.295 percent reached Tues-














: Bee chee or as 66 percent, to :

FRIDAY, JUNE 15, 2007

UNDERWRITERS

Investment

BY JOE BEL BRUNO

Associated Press

NEW YORK — Wall Street invest-
ment banks Goldman Sachs Group
and Bear Stearns on Thursday said
fiscal second-quarter profit was
squeezed by the nation’s mounting
home-loan defaults.

Both investment banks, among the
world’s largest underwriters of bonds
that back mortgage loans, said the
shakeout in the subprime sector con-
tinued to erode performance. The
industry has suffered this year as
delinquencies on U.S. loans to home-
buyers with poor credit have risen to
a four-year high.

Bear Stearns said its profit slid
10 percent, while Goldman mustered
only a1 percent increase. Top execu-
tives at both investment houses indi-
cated subprime woes aren’t spilling



BY ANNE D’INNOCENZIO
Associated Press

NEW YORK — Forget about the
$350 stilettos. Shoes with status
these days come with $1,000 price
| tags. And $600 handbags have
become so bourgeois. A-listers
don’t want to be seen with anything
costing less than $5,000.

It’s no secret that luxury sales
have been booming over the past
six years. But at a time when the
average American is grousing
about meager wage growth and
feeling strapped by a 30-cent spike
in the price of gas, splurging by the
wealthy has risen to gaudy propor-
tions as the super rich seek new
heights in pampering, price tags
and one-of-a-kind items that set
them apart.
| “There’s this insatiable appetite
for the most luxurious,” said Faith
Hope Consolo, chairman of Pru-
| dential Douglas Elliman’s retail
leasing sales division, who has
brought European designers
including Versace and Valentino to
the U.S. over the past two decades.

Luxury sales worldwide topped
$150 billion last year, of which
30 percent came from the U.S.,
where such sales have been
rebounding after taking a pause fol-
lowing the 2001 terrorist attacks,
according to Telsey Advisory
Group’s James Hurley.

While U.S. store executives say
that the weakening dollar has







|
|
i
i

RARITIES





3B

INTERNATIONAL EDITION



banks hurt by subprime shakeout

into other areas of the mortgage
industry, but that the worst may still
lay ahead.

“The subprime business continues
to be weak, we haven’t seen the bot-
tom of the market,” said Goldman
Chief Financial Officer David Viniar
in a call with reporters.

SHARES DROP

Investors, rattled by the pummel-
ing both banks took because of mort-
gage exposure, sent shares sharply
lower in midday trading. Goldman
fell $7.40, or 3.17 percent, to $226.24,
while Bear Stearns sank $2.27 to
$147.22.

By the end of trading, Goldman
shares dropped $7.89, or 3.4 percent,
to $225.75, while Bear Stearns shares
rose ll cents to $149.60.

Goldman, the world’s biggest

CONSUMER SPENDING



|. HIGH PRICED: As the average American struggles with meager wage growth and the rising price of |
gas, splurging by the wealthy has risen. Above, shoppers check out handbags on display at the
Bulgari store on Fifth Avenue in New York. Below, a $1 million gold necklace with sapphires and
diamonds is displayed at the same store.

Price tags go up as
the wealthy splurge





fueled a surge of tourists from Asia
and emerging countries like Russia,
whom experts say tend to go for
the bling, luxury stores don’t have
to just wait for foreigners. Sure,
investment bankers and Internet
entrepreneurs have kept luxury
sales booming, but the latest source
of new wealth are hedge fund man-
agers — the top 25 last year made
more than a combined $14 billion a
year, according to Institutional
Investor.

Experts believe luxury spending
— growing at double-digit rates for
many high-end purveyors — won’t
lose momentum.

investment bank, reported its slowest
profit growth in three quarters as its
key fixed-income business declined
24 percent. Though investment bank-
ing and asset management helped
fuel results during the quarter, the
Wall Street powerhouse still was
slammed by its mortgage exposure. |

Profit, after paying preferred divi-
dends, rose to $2.287 billion, or $4.93
per share, from $2.286 billion, or
$4.78 per share, a year earlier. Reve-
nue slipped to $10.18 billion from
$10.24 billion a year earlier.

Results still topped Wall Street
projections for earnings of $4.79 per
share on revenue of $10.16 billion,

according to analysts polled by.

Thomson Financial.
Investment banking revenue
climbed 13 percent to $1.72 billion,

and Viniar said the backlog of pend- _
| U.S. ECONOMY

‘Wholesale



PHOTOS BY MARK LENNIHAN/AP

Some social experts warn the
trend will only increase tensions
between the haves and have nots.

The over-the-top splurging is
happening at a time when the
income gap between the wealthy —
those making more than $350,000
— and everyone else is the widest
since the Depression Era: And
while the average American work-
er’s income increased 4.6 percent
in 2006, the wealthy have enjoyed
double-digit gains.

According to Carol Brodie, chief
luxury officer at CurtCo Media, the
publisher of the Robb Report, |
whose annual issue features the |
year’s best-of-the-best like a

!
|
|
|
|



$330,000 Mikimoto golden pearl
choker, the super rich don’t. want
just the expensive. What they are
looking for is the rarest item, some-
thing that is custom-made and the
best quality.

Montblanc recently sold a
$700,000-plus pen just a few days
after it showed up in the New York
store. The pen, adorned with
rubies, sapphires and diamonds,
took 15 months to handcraft.

Bulgari also reports that single |
purchases in the millions of dollars,
are becoming more common in the |
States. |

According to Kelly Bensimon, |
founding editor of Elle Accessories, |
“Whether it’s a handbag, shoe, or |
watch, the price of keeping up has |
gone up.” |

“EE SLE RS

ing deals is higher than record levels
seen at the height of the dot-com
boom in 2000. Goldman ranks among
the world’s biggest advisers on take-
overs.

PROFITS SLUMP

Bear Stearns, the second-biggest
U.S. underwriter of mortgage bonds,
said the 10 percent slump is the first
quarterly decline at the No. 5 U.S.
investment bank in two years.

The Wall Street brokerage said,
for purposes of calculating diluted
earnings per share, it reported a
profit for the three months ended
May 31 of $374.6 million, or $2.52 per
share, down from $558.2 million, or
$3.72 per share, a year ago. Excluding
an accounting charge, second-quarter
profit would have been $486 million,
or $3.40 per share.

inflation
higher
in May

BY MARTIN CRUTSINGER

Associated Press
WASHINGTON — The biggest

jump in gasoline prices in six months

helped push inflation at the whole-

’ gale level higher in May, although

inflation outside of energy remained
well-behaved.

Wholesale prices rose by 0.9 per-
cent last month, worse than the 0.6
percent advance analysts expected,
the Labor Departmert reported
Thursday. The price surge was led by

*~w10.2 percent jump in gasoline prices, ~ -

the biggest one-month increase since
last November.

However, food prices declined for
the first time in seven months and,
outside the volatile food and energy
sectors, core inflation posted a mod-
erate 0.2 percent increase. That was
slightly better than the 0.3 percent

’ advance analysts had anticipated.

Analysts believe the Federal
Reserve, which last moved rates a
year ago, will remain on hold for the
rest of the year. While that puts off
any possible rate cuts, it also means
the Fed won’t be raising rates either.
Fed Chairman Ben Bernanke and
other officials were expected to con-
tinue declaring they are more wor-
ried about the possibility of inflation
than that economic growth could
stall out.

“Given the tight labor market and
peppier economy, the Fed will con-
tinue to worry that this favorable
trend could come to an end,” said Sal
Guatieri, senior economist at BMO
Capital Markets.

In other economic news, the Labor
Department reported that claims for
unemployment benefits totaled
311,000 last week, unchanged from
the previous week. That was a better
outcome than the small rise in claims
analysts had expected and supported
the view that the job market has held
up remarkably well in the face of a
yearlong economic slowdown.

- Overall growth, as measured by
the gross domestic product, slowed
to a barely discernible rate of 0.6 per-
cent in the first three months of this
year, the weakest showing in more
than four years.

Analysts believe the economy is
now rebounding despite a longer-
than-expected slump in the housing
market. Many forecasters believe
growth in the current April-June
quarter will rebound to a more
respectable reading of around 3 per-
cent.

The 0.9 percent rise in the depart-

’ ment’s Producer Price Index marked

the fourth consecutive hefty increase
in this gauge, which measures cost
pressures before they reach the con-
sumer. Wholesale prices had risen by

| @.7 percent in April and were up by 1

percent in March and 1.3 percent in
February. |

However, the price pressures have
been largely contained to the energy
sector and there have been encourag-
ing signs that this year’s surge —
which pushed gasoline pump prices
to record highs — is beginning to
abate.

For May, energy prices jumped by
4.1 percent, reflecting big increases in
gasoline and liquefied petroleum gas.





e RETAIL



BUSINESS BRIEFS

FEATURE PHOTO SERVICE

RECALL: Counterfeit toothpaste may look like the real
Colgate toothpaste, above, but it may contain a
poisonous chemical used in antifreeze.

Fake toothpaste
recalled in four states

From Herald Wire Services os

Colgate-Palmolive (CL) said that 5-ounce tubes of coun-

terfeit toothpaste sold in discount stores in four states under

a Colgate label are being recalled because they may contain a

poisonous chemical.

A Food and Drug Administration official, Doug Arbesfeld,
said Wednesday that testing had found the chemical ina
product with the Colgate label, but said in the initial

announcement that the FDA was unsure whether it really was

Colgate or a counterfeit.

MS USA Trading, of North Bergen, N_J., the importer
involved in the initial recall announcement, said the tooth-

paste may contain diethylene glycol, a chemical found in anti-

freeze. The company said the toothpaste, imported from

South Africa, was sold in discount stores in New Jersey, New

York, Pennsylvania and Maryland. “Made in South Africa” is
printed on the box and includes Regular, Gel, Triple and

Herbal versions.

e ACQUISITION

BID FOR BOARD OF
TRADE IS RAISED

The parent of the Chi-
cago Mercantile
Exchange (CME) raised its
bid for the crosstown Board
of Trade for the second
time, hoping to trump the
rival ICE exchange for good
as a vote nears on whether

_to create an all-Chicago
powerhouse in the global
derivatives industry.

Three days after winning
approval from federal regu-
lators on the proposed
acquisition, Chicago Mer-
cantile Exchange Holdings
moved to seal it by offering
shareholders of CBOT
Holdings (BOT) $485 mil-
lion on top of the $10.2 bil-
lion already proposed.

e AUROMOTIVE

FORD: 27,000 WORKERS
TOOK BUYOUT OFFERS

About 27,000 U.S. hourly

_workers have left Ford (F)
under buyout or early retire-
ment offers, the automaker
said. Ford offered the pack-

_ ages last year to reduce its
work force to match lower
demand for its cars and
trucks.

Initially about 37,000
workers signed up for the
offers, but not all have left
the company, it said..: -

Ford has until September
to phase in the departures as
it closes plants under a
restructuring plan, and some *
of the workers could change
their minds and stay with
the company.

e MIDWEST

SHAREHOLDERS ELECT
CANDIDATES TO BOARD

Shareholders of Midwest
(MEH) elected three candi-
dates to the board of direc-
tors nominated by AirTran
(AAI), which has proposed
a buyout that Midwest has
opposed.

‘The regional carrier has
steadfastly rejected escalat-
ing offers from AirTran say-.
ing it would be more profit-
able alone.

But Midwest chairman
and chief executive officer
Timothy Hoeksema said the
board would allow AirTran
to make a presentation on its
latest offer.

4 6:35 p.m. Late
Stock Tk. psa close Chg. volume
iShR2K nya IWM 83.34 83.29 -.05 134569
ChartCm CHTR = 3.96 3.96 = 123492
SP Fnel XLF 37.52 37.52 74355
SPDR SPY 152.86 152.80 -.06 56778
Microsoft MSFT — 30.52 30.54 +02 55350
SunMicro SUNW 5.08 5.09 +01 (37101
Elan ELN 21.33 21.35 +02 30201
Cisco CSCO =. 26.83 26.84 +01 26246
PwShs QQQ QQQQ 4736 4736 * 26166
Intel INTC 23.23 23.21 -.02 25947
BkofAm BAC 50.08 50.07 -.01 24877
Amgen AMGN 58.23 * 22728

PwshDB 26.41 -.08

DBC
For up-to-date stock quotes, go to www.MiamiHerald.com and click on Business

~ LATE TRADING _

e LABOR

‘WAGES OUTPACE
INFLATION IN EU

Labor costs in the 13
nations that use the euro
rose 2.2 percent in the first
three months of 2007 com-
pared with a year ago, the
European Union’s statistics
agency said Thursday.

The Eurostat agency also

confirmed May inflation
held steady at 1.9 percent,

“signifying that wages are
now growing ahead of infla-

tion.
The wage part of total
hourly labor costs in the

first quarter climbed 2.3 per-
cent from the same period in
- 2007, Eurostat said.

Inflation rose by around
1.8 percent during the first
quarter.

e CHINA

STEEL EXPORTS JUMP
77 PERCENT IN MAY

China’s surging steel

|

|
{
{



'
i
|
t
t
I
i
i
i
!
i
i
|



exports, a source of growing

~ friction with its trade part-
ners, rose 77 percent in May

compared with a year ago,
according to government
figures reported Thursday.
Exports of rolled steel
totaled 6.2 million tons, the
official Xinhua News
Agency said, citing the cus-

toms agency. It saidthe May

export total was down 13.8
percent from April.

e VOLKSWAGEN

GERMAN EX-LAWMAKER
CONVICTED IN VW TRIAL

A former lawmaker who

served on the workers coun-

cil at automaker Volkswa-

gen (VLKAF.PK) wascon-

victed and fined for lying to
investigators looking into

claims that prostitutes were

hired with the company’s
money in Spain and South
Korea.

Hans-Juergen Uhl, who
resigned last month as a

member of the Social Demo-

crats, had confessed before
the trial started earlier this

for making false statements,

the Wolfsburg court ruled.

Uhl was charged in Janu-
ary with being an accessory

to breach of trust and with
giving false statements in

previous civil proceedings
against the German media.

4pm. 6:35 p.m.

Stock Thr. ‘kee chee Chg.

Comcasts CMCSA 27.52 27.52

NYSE Eur NYX 80.80 80.80

Oracle ORCL 19.64 19.64

SP Mid MDY 165.16 165.05 -.11

Pfizer PFE 26.39 26.38 -.01

WUpnHYn DNL 56.66 57.14 +.48

AdobeSy ADBE 43.96 43.55 -.41

FordM F 8.66 8.65 -.01
‘| eBay EBAY 31.61 31.61 -

AT&T Inc =—-T 40.56 40.50 -.06

ApldMatl AMAT = 19.42 19.42 =

Qualcom QCOM 42.62 42.62

|
|
month. He was fined $52,085
|
|

Late

volume

21140
20463
17251
16984
15266
15020
14814
13797
12705
12506
11275
11094









HOME OWNERS

INTERNATIONAL EDITION |

FRIDAY, JUNE 15, 2007 |4B

Private mortgage insurance gains favor

BY JEREMY HERRON
Associated Press

NEW YORK — Tales of
ballooning mortgage pay-
ments are scaring home buy-
ers straight.

After taking on risky adjust-
able-rate loans or multiple
mortgages to pay less upfront
during the housing boom, bor-
rowers with limited capital for
down payments are increas-
ingly opting for safer fixed-
rate mortgages backed by pri-
vate mortgage insurance.

Applications for private
mortgage insurance, or PMI,
rose 56 percent to 191,525 in
March from February, accord-
ing to the Mortgage Insurance
Companies of America, an
industry trade group. Volume
fell in April, but remained well
above rates from last year.

“The consumer is getting
more cautious and returning
to the tried and true fixed-rate
loan with insurance,” said
Susan Wachter, a real estate

|. professor at the Wharton

School of Business.

Private mortgage insurance
is typically required of a buyer
who wants a fixed-rate mort-
gage but has a down payment
of less than 20 percent. It costs
a fixed percentage of the total
loan, usually less than 1 per-
cent, and insures the lender
against default.

About $72.9 billion, or 11
percent, of the $680 billion in
new mortgages originated in
the first quarter were backed
by PMI, according to Inside
Mortgage Finance, a weekly
industry newsletter.

A SHIFT

That percentage is rising,
said Guy Cecala, the newslet-
ter’s publisher — and not just
because of consumer caution.

“I don’t want to give con-
sumers too much credit,” he
said. “The growth is also due
to the fact that there’s been a
shift away from ‘subprime’
mortgages toward conven-
tional ones.”



CONSUMERS

Bogus ingredient

BY JUSTIN PRITCHARD
Associated Press

LOS ANGELES — Ameri-
can consumers are being
ripped off and their health
possibly put at risk because of
bogus ingredients slipped into

‘imports ranging from tooth-

paste to dietary supplements.

Suppliers who substitute
cheaper ingredients for the
real thing seldom get busted
because the government and
private labs review few of the
products flooding in.

Recent bouts of bad ingre-
dients in pet food and tooth-
paste showed how suppliers
can fool the limited safety
checks.

Fad-driven supplements are
particularly vulnerable — a
rush of demand for a pill with
an expensive key ingredient
such as chondroitin can pre-
sent a quick-buck opportunity.
Much like anti-doping officials
tasked with ensuring that ath-
letes are clean, by the time sci-
entists spot how their tests are
being cheated, suppliers have
a new trick.

“People want low prices
and they want quick turn-
around time,” said Jana Hil-
dreth of the Analytical

INTERNET



bd

Research Collective, a group
of scientists advocating better
dietary supplement testing.
“And what’s the one thing you
cut? Well, quality control.”

Ingredient substitution is
not a priority of the U.S. Food
and Drug Administration,
unless officials conclude con-
sumers are being exposed to
harm. As a result, regulators
only take action after prob-
lems surface.

Such complications are
underreported. Companies
haven’t‘had to relay incidents
to federal regulators, though
new tracking requirements
begin in December.

Multiple private labs that
test supply quality have in
recent years found a hodge-
podge of pills lacking adver-
tised ingredients, including
chondroitin, saw palmetto, bil-
berry and coenzyme Q-10.
Each is relatively expensive
and many are supplied by
China, a country with a long
tradition of herbal remedies
and a history of poor food
safety.

The products are supposed
to help with joint pain, pros-
tate health, vision and the
heart, though federal law pro-

Lenders have curbed loans
to people with poor credit
after that category had a surge
in defaults and delinquencies.
To qualify for federal backing
from Freddie Mac and Fannie
Mae, loans must carry insur-
ance.

But during the housing
boom that ended nearly two
years ago, lenders were less
worried about defaults or fed-
eral guarantees, and offered a
host of options for borrowers
without a large down pay-
ment.

Many customers took on
loans that had low introduc-
tory payments that would
reset a few years later. With
home prices rising, owners
reasoned they could either sell
the property before the pay-
ment rose, or refinance at a
lower or fixed rate.

“People thought the system
was working for them, so why
pay more initially when prices
are rising?” Wharton’s Wach-
ter said.

hibits most claims that supple-
ments treat or cure illness.

That has hardly hampered
the industry. Last year, Ameri-
cans bought an estimated $1.4
billion worth of those four
supplements alone, an
increase of 28 percent over
four years, according to Nutri-
tion Business Journal.

An example of how unscru-
pulous suppliers can swoop in
to exploit a situation came
after hurricanes thrashed Flor-
ida in 2005, derailing saw pal-
metto production.

To fill the void, Asian sup-
pliers began hawking “Chinese
saw palmetto” for $60 per
pound. It was an obvious
scam: The saw palmetto plant
grows in the Southeast. The
extract being peddled was
based on palm oil, which is
worth less than $1 per pound
and which no one claims has
medicinal properties.

Despite the rip off, suppli-
ers were not held accountable.

James Neal-Kababick,
director of Oregon-based
Flora Research Laboratories,
said his firm routinely finds
supplements with problems.
One issue, he said, is anticipat-
ing what hot product will be

One of the most popular
tools was a “piggyback” loan.
In what is known as a 80-10-10
loan, borrowers took out a
mortgage for 80 percent of the
home, paid 10 percent in cash,
and then “piggybacked” a sec-
ond mortgage onto the first for
the remaining 10 percent. The
second mortgage typically had
higher interest at an adjustable
rate.

PIGGYBACK LOANS

With interest rates rising,
that second loan is becoming
more expensive. Demand for
piggyback loans fell to an esti-
mated 41 percent of the low
down-payment market in the
first quarter of 2007 from 54
percent in the year-ago period,
according to a report by
Wachter and Genworth Mort-
gage Insurance Corp.

With smarter consumers
and stingier lenders, PMI is,
virtually by necessity, in
vogue again. And that’s good
news for the industry.




RESEARCH:
Director James
Neal-Kababick
examines a
sample of :
dietary
supplements at
the Flora
Research
Laboratories in
Grants Pass,
Ore.

JEFF BARNARD/AP

s found in imports

doctored next.

“At some point, there’s
going to be a shortage, and
that’s when you’re going to see
the adulteration,” Neal-Kaba-
bick said.

“It can be dangerous or it
can just be a rip off.”

The dietary supplement
industry’s main trade groups
said ingredient substitution is
overhyped as a problem. They
cite powerful business incen-
tives to ensure products work
as advertised and don’t harm
anyone.

“Responsible companies
understand that they have a
relationship of trust with their
consumers,” said Steve Mister,
president and CEO of the
Council for Responsible
Nutrition.

Like Mister, other industry

‘officials allowed that some

unscrupulous firms make bad
products but said those are the
rare exception among the hun-
dreds of U.S. supplement mak-
ers.

Firms with a reputation for
quality say they invest in find-
ing reliable sources and even
then test all the supplies
because some batches will
inevitably be bad.

AT&T efforts to stem piracy raises concerns

BY GARY GENTILE
Associated Press

LOS ANGELES — In a
break with other Internet ser-
vice providers, AT&T will
work with Hollywood studios
and recording labels to devise
technology that identifies off-
shore content pirates who use
its network to upload illegal
copies of movies and music.

Although details remain
sketchy, the effort worries pri-
vacy advocates, who fear the
San Antonio-based company
could become a beat cop,
monitoring which websites
customers visit and what com-
puter files they share.

Technology officers from
several entertainment compa-
nies met June 5 in San Antonio
to discuss the effort, which
could take months and quite
possibly fail to produce a solu-

Legal questions include the privacy interests of
customers and legitimate distributions for
educational uses or works in the public

domain.

tion that would be technologi-
cally feasible and protect cus-
tomer privacy.

“It’s. daunting,” said James
W. Cicconi, AT&T’s senior
executive vice president of
external and legislative affairs.

“We're trying to see if we
can devise a technology that
can address the problem,” he
said. “Then we’ll have to
address the legal issues.”

Legal questions include the
privacy interests of customers
and legitimate distributions
for educational uses or works
in the public domain.

Cicconi said such issues
will not be ignored.

‘We're not trying to be an
enforcement agent against our
customers,” he said. “The
intent is to devise a network-
based approach to dealing
with this problem.”

In confirming the effort
Thursday, Cicconi acknowl-
edged that AT&T’s interests
have become more aligned
with content providers.

Like its telecommunica-
tions rival, Verizon, AT&T has
launched its own television
service to compete with cable

and satellite. The service has
increased companies’ depen-
dence on studios, which have
been pressing Internet service
providers to more aggres-
sively stem piracy.

“We've been considering
these issues of piracy, and we
do feel the interests of our
shareholders are aligned with
the interests of the content
community,” Cicconi said.

“We very much have a
stake, as they do, in trying to
stem illegal appropriation of
that content,” he said.

Cicconi said the effort is
primarily aimed at pirates who
set up operations in other
countries and upload massive
amounts of illegal files using
AT&T’s network. He said the
technology being developed
would not target those who
download those files.





THE TRIBUNE

FRIDAY, JUNE 15, 2007, PAGE 5B



Rinne SSeS |
Bahamians must

‘bring something
to the table’ when
joint venturing

@ By NEIL HARTNELL
Tribune Business Editors

BAHAMIAN contractors
who enter into joint ventures
with foreign counterparts to
help them participate in major
investment projects “must bring
something to the table”, the
outgoing Bahamian Contrac-
tors Association’s (BCA) chair-
man said yesterday, warning
that developers and the industry
would not tolerate “rubber
stamps”.

Terrance Knowles told the
BCA’s 2007 AGM that devel-
opers were encouraging
Bahamian construction compa-
nies to enter into joint ventures
with foreign contractors to
enable them to qualify for larg-

er projects which, due to financ- *

ing and resources constraints,
they would be unable to partic-
ipate in on their own.

But these joint ventures had
to be “legitimate, bona fide”
partnerships, Mr Knowles
explained, with the Bahamian
contractor heavily involved in
the work rather than acting as a
‘front’ or receiving a minor per-
centage of the profits.

During the Phase I and Phase ~

II Atlantis construction projects,
Mr Knowles said, “a lot of
Bahamian companies skimmed
1, 2, 3 per cent off the top by
signing paper, and had no
active, legitimate involvement
in the project”.

Reflecting on his two years
at the BCA’s helm, Mr Knowles
said the Association was suc-
cessful in getting the Govern-
ment to introduce legislation
mandating that foreign con-
tractors paid a bond equivalent
to 1 per cent of their business
licence fee upfront. This was

done to ensure the bond was
paid at the time business was
awarded, rather than when for-
eign contractors sought to
renew their business licence at
year-end.

Mr Knowles said the BCA
had found that many foreign
contractors had been reincor-
porating at year-end under a

different name, applying fora .

new business licence and paying
just a $10 fee.

“Those [non-Bahamian] con-
tractors are also unable to be
awarded more than one con-
tract at a time,” Mr Knowles
added. “Whether it is being
enforced is difficult to say.”

The BCA’s membership had
not increased during his tenure,
he said, and the Association had
also failed to establish Chapters
and attract members on the
Family Islands. Only 60 per cent
of the BCA’s current member-
ship was paid up to date.

Another disappointment,.

which Mr Knowles said he
hoped would be addressed by
the Ingraham administration,
was that the BCA was “unable
to convince” the former Christie
government to establish a Tech-
nical Committee, staffed by
contractors, engineers and
architects, to provide advice to
the Government when it was
negotiating with developers.

_ There was better news on the
BCA’s relations with Kerzner

- International and Baha Mar.

Aided by the Ministry of Finan-
cial Services and Investments,
the BCA had helped Bahamian
contractors to win substantial
work on the Atlantis Phase HI
project, and Baha Mar “has
assured us it intends to use qual-
ified Bahamian contractors as
much as possible” for its $2.4

billion Cable Beach develop-
ment.

Mr Knowles said the BCA
would use the arrangements
worked out for Phase III as “a
model” for future talks with the
likes of Baha Mar, plus the
developers behind the Ginn,
Albany and Royal Island pro-
jects.

The BCA had already talked
to Baha Mar and the Guana
Cay developers, although not
Ginn yet, “to ensure these
developers break out their pro-
jects into sizeable chunks that
Bahamian contractors can qual-
ify for and have a great oppor-
tunity to bid on”.

“On Albany, although we
have not met with them, they
have committed to some type

of arrangement where Bahami-

an contractors qualify for a
greater proportion of that pro-
ject, and some of the work let
out to tender indicates that will
be the case,” Mr Knowles said.

He added that Baha Mar said
it had created a database of
Bahamian contractors, and
when projects went out to ten-
der they would use submissions
by these firms to determine who
to send out requests for pro-
posal (RFPs) t0.

Mr Knowles said the Baha
Mar project, especially the
Commercial Village and road-
works, which had gone out to

‘tender three to four times

already, had been held up by
the developers’ need to nego-
tiate a supplemental Heads of
Agreement with the Govern-
ment.

“Some of the lands are not
yet transferred over to them,”
Mr Knowles said. “They are
unable to issue the award of
those contracts for.construc-

CARIBBEAN CROSSINGS LTD.

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PAGE 6B, FRIDAY, JUNE 15, 2007

2 UBS

UBS Trustees (Bahamas) Ltd., a leading international trust
company, is looking for a

New Business Officer

Responsibilities:
Review business established to ensure policies and
procedures are adhered to;
-Ability to vet tailor-made deeds;
Undertake the processing of new business ensuring
proper due diligence is in place and adherence to
policy and procedures;
Serve as signatory on assigned companies;
Handle research into and prepare responses to client
enquiries including responding to and preparing a
range cf correspondence;
Undertake the processing of New Business ensuring
proper due diligence Is in place;
Prepare proper minutes, resolutions, account opening
forms, share certificates and relevant checklists for
new accounts;
Liaise directly with clients, their professional advisers,
trust company agents, bankers, investment advisors,
etc. in respect of routine matters;
Review and maintain accuracy of static and processing
data;

Required Qualifications:

STEP designation;

5 years of trust administration experience;

5 years legal experience;

Good analytical skills;

Good knowledge of finance industry in general and
especially foundation business and fiduciary products;
Good interpersonal skills;

Computer literacy;

Interested persons should submit a full resume, to:

UBS Trustees (Bahamas) Ltd.
Human Resources

Re: New Business Officer
P.O. Box N-7757

Nassau, Bahamas

or

Re: New Business Officer



COMMONWEALTH OF THE BAHAMAS 2006
IN THE SUPREME COURT No.00229
Hquily Side
IN THE MATTER OF ALL THAT piece parcel or tract of
ke land containing 27. 508 acres,and .situate westward»
of the settlement of Port Howe in the Island of Cat Island
in the Commonwealth of the Bahamas
, ~ AND
IN THE MATTER of the Quieting Titles
— Act, 1959 .
AND
IN THE MATTER of the Petition of Rebecca Bain

Notice
NOTICE is hereby given that Rebecca Bain, of the

settlement of Bain Town in the Island of Cat Island, one of the
Islands of the Commonwealth of the Bahamas claims to be the

} Owner of the unincumbc :ed fee simple estate in possession of

the land hereinafter described that is to say:-

ALL THAT piece parcel or tract of land
containing Twenty-seven and Five hundred and Eight
hundredths(27.508)acres situate westwardly of the settlement
of Port Howe in the said Island of Cat Island being a portion
of a tract of land originally granted by the Crown to Samuel
Gambier which said piece parcel or tract of land is known
as and called “New Field” which said piece parcel or tract
of land is bounded on the NORTH by Queen’s Highway and
running thereon Two thousand Two hundred and Nineteen and
Twenty-nine hundredths (2,219.29) feet more or less on the
NORTHEAST by land now formerly the property of Cat Island
Deep South Association and running thereon One hundred and
Seventy-eight and Seventy-seven hundredths (178.77) feet
more or less on the SOUTH by the sea and running thereon
Two thousand Four hundred and Nineteen and Seventy-six
hundredths(2,419.76) feet more or less on the NORTHEAST
by the sea running thereon Four hundred and Twenty-two
and Six hundredths. (422.06) feet more or less and on WEST
by land now or formerly the property of N.J. Love and
running thereon Eight hundred and Ninety-two and Fifty-eight
hundredths (892.58) feet more or less and has made application
to the Supreme Court of the said Commonwealth of the Bahamas
under Section 3 of the Quieting Title Act, 1959 to have their title
to the said land investigated and the nature and extent thereof

y 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 the hours of 9:

¢ 30am to 4:30pm, Monday through Friday at:

1. The Registry of the
Street, Nassau, Bahamas.
2. The Chambers of Martin, Martin & Co.,
The Pond Plaza, (East Bay and Ernest Sts.)
Nassau, N.P., Bahamas
Notice Is Hereby Given that any person
having Dower or right to Dower or any Adverse Claim
or Claim not recognised in the Petition shall on or before
the 27th, day of July, A.D 2007, file in the Registry of the
Supreme Court and serve on the Petitioners or the undersigned, a
Statement of their claim in the prescribed form verified by an
affidavit to be filed therewith. Failure of any such person to file
and serve a Statement of the said Claim on or before the 27th
day of July, A.D.2007, will operate as a bar to such Claim

Supreme Court,

Dated this 4th day of June, A.D.,2007

Martin, Martin & Co.
Chambers:

The Pond Plaza,

East Bay and Ernest Streets,
Nassau,N.P., Bahamas

ATTORNEYS FOR THE PETITIONER

BUSINESS



THE TRIBUNE



Manufacturer’s profits
fears on duty reduction

FROM page one

This type of window, Mr
Rogers said, was especially pop-

ular with persons who did not’

have air conditioning or wanted
to minimise its use in order to
save electricity costs.

Bahamas Aluminium Manu-

- facturing, Mr Rogers said,

“manufactures these windows
from scratch”, importing raw
aluminium into the Bahamas

and then allowing its ‘stamping’

employees to press it into win-
dows. The only items that the
company did not manufacture
were the screws, rivets, screen
material, glass and the mecha-
nism that opens and closes the
window.

Mr Rogers said the duty cuts
would only benefit the multi-mil-
lion dollar Florida-based com-
panies, such as PGT and Yale



NOTICE

Orgin, that it had to compete
with, making their prices even
more competitive against his.
Awning windows made by
these firms, he said, were not
used in the US, and were only
retained for export to the
Bahamas and the Caribbean.
These Florida-based compa-
nies also faced much lower
operating and fixed costs, Mr

Rogers explained, because even,

though Bahamas Aluminium
Manufacturing had modern,
automated production equip-
ment, the US firms “commercial
kilowatt charge for electricity
is 10 per cent of what we pay”.

Bahamas Aluminium Manu
facturing’s predicament indi-
cates that the Government will
have to be more careful when
taking into account the wider

impact of customs duties reduc- ,,

tions on select items, as it poten-







NOTICE is hereby given that DERISSON NOEL OF PALM
BEACH, P.O. BOX N-4705, 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 15TH day of JUNE, 2007 to the Minister responsible
for Nationality and Citizenship, PO.Box N-7147, Nassau,
Bahamas.










5 NATURE INTE,
VOED

@nautilus



“nN, i)
Fy oat
s ney

£O with ga TRACE MIN

GENERAL WORKER NEEDED

| With knowledge in electrical
and plumbing <-->



Worker must be able to work a
12 hour shift.

Please contact us at:
1-(242)-377-0444-6 or
Fax resume to 1-(242)-377-0276.

Serious Inquires Only

on,
a Scotiatrust
VACANCY

Scotiatrust is inviting applications for the following
position:

Client Accounting Officer
Responsibilities include:

e Prompt and accurate preparation of financial
statements for trust, company and agency
accounts.

° To comply with and contribute to the maintenance
of effective internal controls relating to
accounting functions.

e Provide effective assistance to account
administrators.

Qualifications and skills required:

° Bachelor’s degree with a major in Accounting

¢ CPA or other similar qualifications would be an
assel

° Knowledge of accounting for trusts and related
structures

¢ Strong PC software skills

¢ Good analytical and communication skills

e Ability to work within given ume constraints

Interested persons should submit applications by
June 20, 2007 to:

Manager Operations
The Bank of Nova Scotia Trust
Company (Bahamas) Limited
P.O.Box N-3016
Nassau, Bahamas
Fax: 326-0991



tially deals another blow to the
already-fragile Bahamian light
manufacturing industry.

Mr Rogers told The Tribune
that the planned duty reduc-
tions had also interfered with
plans for Bahamas Aluminium
Manufacturing to expand into
producing single hung windows
and French doors that are con-
structed to impact-approved
standards in the Florida build-
ing code.

Bahamas Aluminium Manu-
facturing hoped “to be in pro-
duction in the next couple of
months” on the new products,
Mr Rogers saying the compa-
ny had already invested $70,000
in having them tested to ensure
they met the required stan-
dards. A further $120,000 had
also been invested in purchasing

_ the tools and equipment needed

to make them.

Yet the 10 per cent duty cut
had thrown Mr Rogers’ market
research and studies on the new
products out of line, as they had
been based on a 35 per cent tar-
iff applied to competing plastic
and steel window imports.

“It really has thrown a spoke
in our wheel. I am very con-
cerned about the impact of this
change, but I’m so far in I can’t
go back,” Mr Rogers said.
“They really need to think these
things through.

“It’s a slap in the face for us.
I really have second thoughts
as far as confidence in our gov-
ernment when it comes to local
industry.”

Bahamas Aluminium Manu-
facturing’s expansion plans
would involve the hiring of an
extra 20 employees, and the
possible creation of new plant at
the Soldier Road Industrial
Park, on land purchased from
the Bahamas Agricultural and
Industrial Corporation (BAIC).

Mr Rogers pointed out that
the 10 per cent duty cut was
probably equivalent to “1 per

cent on the bottom line”. Using
an example, Mr Rogers said

that in manufacturing business- ,
es, if 3 per cent flowed through ,

to the bottom line, the business
was doing well, with retail flow
through at about 6 per cent and
professional and commercial

ee

services enjoying considerably ;

more.

If the 10 per cent duty cut .

took away | per cent of the
company’s bottom line, it would
lose 1/3 of its profits.

Bahamas Aluminium Manu-
facturing’s awning windows are

used in all the Bahamian gov- ,

ernment’s low-cost homes, and
Mr Rogers said he had met with
the Ministry of Housing and

BAIC several times in a bid to .

get the company nominated and
specified as a local manufactur-

er of choice, but without suc- ,

cess.





of things we
think, say or do

1. Is it the TRUTH?

2.|s it FAIR to all
concerned?

3. Will it build
GOODWILL and
BETTER
FRIENDSHIPS?

4, Wiil it be
BENEFICIAL to
all concerned?

www.rotary.org



Notice is hereby given that the Twenty-seventh
(27th) Annual General Meeting of THE
PUBLIC WORKERS’ CO-OPERATIVE
CREDIT UNION LIMITED will be held at
The British Colonial Hilton Hotel, West Bay
Street, on Friday, June 22, 2007 commencing
at 6:30pm for the following purposes:

¢ To receive the report of The |
Board of Directors.

To receive the Audited
Accounts for 2006.

To elect members of The Board

of Directors.

To discuss and approve the
budget for 2008.

Criteria To Be Elected To The Board
Of Directors Of The Public Workers’
Co-operative Credit Union Limited

Member must have:

1. Been, previously, a member of the Board
of Directors; the Supervisory Committee
or the Education Committee or;

. Attended at least three (3), out of the last
five (5), Annual General Meetings.

All members are urged to attend.

Refreshments will be served!





THE TRIBUNE



Passing Contractors Bill
the ‘number one focus’

FROM page one

He added that the Bahamian
construction industry was in
desperate need of tighter, for-
mal regulation, given the wide-
spread building activity going
on across this nation’s islands.

The Bill, which would
require all Bahamian contrac-
tors seeking and contracting
for work with the public to be
licensed, aims to safeguard res-
idents and businesses from
shoddy workmanship per-
formed by unqualified, disrep-
utable companies that may be
proliferating as a result of the
heightened construction
demand. Their activities can
give the reputable construction
companies, who are in the
majority by far, a bad name.

Mr Wrinkle said: “Regulat-
ing the industry is the number
one task. It’s come to a point
where something has to be
done. There is too much work
going on, and no one knows
what’s being done.”

The Contractors Bill cur-
rently lies in the Attorney
General’s Office, which was
last known to be making the
amendments to its contents
and wording that were agreed
by industry and the Govern-
ment.

Once the Bill was finalised,
it would than have to go to the
Minister of Works, Earl
Deveaux, for approval. He
would then take it to Cabinet
to have it signed off, before it
was tabled in Parliament.

Mr Wrinkle said the new
BCA Executive Council was
hoping to meet with the Attor-
ney General’s Office, “possi-
bly next week”, to find out
how far the drafting process
had gone, with a view to the
Bill reaching Mr Deveaux as
soon as possible.

The BCA was also seeking a
meeting with Mr Deveaux
within the next seven to 10

days.
Terrance Knowles, the out-
going BCA _ chairman,

described the fact that the
Contractors Bill had not yet
reached Parliament as one of
the biggest disappointments of
his two-year tenure. *

He said the BCA had hoped
the Bill would have been
tabled before the May 2 gen-
eral election by the former
Christie administration, but it
did no happen.

“Where we are with this Bill,
I don’t know,” Mr Knowles

said. He added that under the
former PLP government, the
Ministry of Works and Public
Utilities had assigned a non-
government representative to
work with the BCA on draft-
ing the Bill, and following pro-
posals and counter-proposals,
final recommendations had
gone to the Attorney Gener-
al’s Office.

“It is our intention, with the
change of government, to
approach the Attorney Gen-
eral’s Office and see where we
are with this particular Bill,
and how soon it can be
brought forward,” Mr Knowles
said.

Mr Wrinkle added that the
Bill was “going to licence the
construction industry, so if a
contractor in the Bahamas
wants to contract for work with
a member of the public, they
will be in possession of a valid
licence”. ,

He explained that the Bill
proposed to create three tiers
of licensing, for small, medi-
um and large contractors.
There would also be spe-
cialised licences for the likes
of electrical firms and
plumbers.

“It protects the public from
unscrupulous contractors by
giving them an avenue of
recourse for faulty or shoddy
workmanship,” Mr Wrinkle
said.

However, he added that the
licensing system would also
give contractors “leverage”
based on the size, scale and
complexity of buildings and
structures they had built. The
licences would be based on this
criteria.

“It’s pretty simple, well
thought-out and designed.
There’s a place for everybady,”



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

If so, call us on 322-1986

| and share your story.

Abaco Markets Ltd. P.0. Box SS-6322 - Town Centre Mall,

Share your news

The Tribune wants to hear

Mr Wrinkle said. “There is a
clause to grandfather in peo-
ple in the industry. No Bahami-
an in the industry will be kept
out of the legislation.”

To be grandfathered in
under the Bill and obtain the
relevant licence, existing
Bahamian contractors would
have to show and demonstrate
to the BCA that they had com-
pleted the equivalent scope of
work.

“From there on, the intent
is to have a licensing exam,”
Mr Wrinkle said.

He added that the Bill would
also prevent foreign contrac-
tors from simply walking into
the Bahamas to do jobs that
Bahamian contractors can do.

“They will have to partner
with a licensed Bahamian con-
tractor of that level,” Mr Wrin-
kle said. Using the example of
Cavalier Construction’s build-
ing of Kerzner International’s
$80-$100 million Phase HJ con-
vention centre expansion, the
BCA president said that any
foreign contractor coming here
to do such a job would have
to partner with Cavalier under
the proposed legislation.

Mr Wrinkle said the BCA
also wanted the Ministry of
Works to publish a list of forth-
coming public contracts to
licensed Bahamian contractors,
rather than use a closed, non-
transparent process that result-
ed in contracts being awarded
to “cronies and generals”.

The BCA is also seeking to
partner more effectively with
real estate agents, architects
and engineers, and develop a
more effective way for its
members to learn what con-
struction jobs were coming up,
how they could get involved,
and who the contacts were.













ABACOM

2nd level,

FRIDAY, JUNE 15, 2007, PAGE 7B

BUGS a ES ea Ue

The Tech Prep Program is a series of courses designed to help
students develop their academic skills in the areas of Math
and English, before proceeding with their regular curricula
courses in the fall. j

Classes Begin: June 25, 2007

Classes End:

Registration:

eek

CCE LY a)

Blue Hill Road - Nassau, The. Bahamas - Te

August 3, 2007
Bahamian $50.00

International $150.00

2

I: 242.325.2122





REPORT TO SHAREHOLDERS

‘Jam pleased to report to you the results of our fist quarter of 2007 ~ a consecutive

ieee & prot for our Fonkery for the first time in almost 5 years.

We: are earn nnd resuits in Qt, 2007, in key areas of our continuing operations.

Operating profits. on continuing operations, before interest costs, are $529,000;
compared to $168,000 for the same period last year. After interest costs, those
operating profits are $238,000, compared to a loss of $215,000 for the same period
dast year. in addition, our group has posted a soli sales increase of 7. 1% and a 6.2%



dncrease in gross margin. Expenses also: continue to be well. managed — remaining

consistent with fast year at $5.7m while reducing as a percentage of sales to 27.7%

compared to 29.9% of sales in Q1, 2006. We have recorded a net profit for the quarter
~ of $766,000 compared to a loss of $1.847m for the same period of the previous year
which had included a restructuring charge of $1.5m. Included in the current quarter's
net profit is the $150,000 gain on the sale of our investment of BSL Holdings along
wih a $350,000 we back ofa restructuring provision that had been taken in 2006

relating fo Cost Right Turks.

: The first quarter of 2007 also brought to an end our divestment process, a major part
of our core market strategy, with the sale of the Company's BSL Holdings investment

and the sale of Cost Aight Turks. Proceeds from the sale of the BSL Holdings
investment were used to repay debt associated with investment. The proceeds of the
- gale of Cost Right Turks were used to repay the group's final Royal Bank of Canada

term debt on May 29, 2007, and the remaining balance wil be used to pay down our
corporate overdraft which increased due to the relocation of Cost Right Freeport.

With the completion of these transactions comes the elimination of our term debt

- which obviously also eliminates those debt-related costs which have had a significant

impact on our resources in recent years, We are emerging a smaller, more streamlined
company far better positioned fo focus on the other part of our core market strategy
which is enhancing the customers’ experience, increasing sales and increasing net

margin dollars in our core operations.

This core merket strategy is enabling us to build the platform for growth for our future

and We, as a result, are beginning to see positive results. The opening of our Cost Right

Freeport on the Mall with a special reception on April 30, 2007, reflects the way forward

with a project well executed and completed on time, and on budget. We have also begun

renovations to Cost Right Abaco to transform it into a full club model in keeping with the
group's solid performers Cost Right Nassau and the new Cost Right Freeport.

‘This first quarter of 2007 really embodies the transition from divestment and change

to a complete focus on our core market and on rebuilding the group's platform for

growth. However, we are very much aware there is still much work to be done and it
will be the realisation of our core market strategy and addressing the basics of our

business that represent the next stage In realising our retum to profitability. As we

remain committed to this process, we are also encouraged that we are progressing

well and expect that this progress wil transiate into consistent increases in shareholder

value for you moving forward. We thank you for your continued patience and your

feedback throughout this process.

oe

R Craig Symonette, CEO & Chairman
June 6, 2007



CONSOLIDATED BALANCE SHEET

(Expressed in Bahamian $000) (unaudited)

Assets $
Liabilities
Shareholders’ equity $

April 30, January 31,
2007 2007
27,785 29,232
19,313 21,626
8,472 7,606

CONSOLIDATED STATEMENT OF OPERATIONS



(B$000) (unaudited) 3 months ended 3 months ended
April 30, 2007 ~— April 30, 2006
Sales $ 20,591 19,225
Cost of sales 14,460 13,399
. Gross profit 6,131 5,826
Selling, general and administration (5,701) (5,743)
Other income 100 87
Net operating profit 530 170
Gain on disposa! of investment (note 4) 150
Pre-opening costs (note 5) (66)
Interest expense (81) (104)
Dividends on preference shares 210 (200)
Net profit/(loss) from continuing operations 323 (214)
Net profit/(loss) from discontinued operations 56 (133
Gain on disposal of subsidiary (note 1) 37
Restructuring charge 350 (1,500)
Net profit/(loss) for the period $ 766 (1,847)
Income/(loss) per share $0.048 (0.116)

CONSOLIDATED STATEMENT OF CASH FLOWS

(B$000) (unaudited)

Cash flows from operations
Net profit/(loss) for period

Net cash (used in)/provided by
operating activities

Net cash provided by/(used in)
investing activities
es

Net'cash used in financing activities

(Decrease)/incregge in cash

3 months ended 3 months ended

April 30,2007 April 30, 2006
| 766 (1,847)
(444) 1,144
(277 (150)
(2,688) (900)
(1,355) 94

"/PLANATORY NOTES TO CONSOLIDATED INTERIM ANANCIAL STATEMENTS
Three months ended April 30, 2007

1. DISCONTINUED OPERATIONS

41 April 30, 2007, the Company com-
pleted the sale of Cost Right Turks and
iis associated property _ for
$2,703,000 plus $211,000 repre-
sentiig the value of net current
assets. $2.5m of the proceeds were
received on closing and $200,000 will
be payable over 3 years. This note
earns interest of 8.5% per annum.
Assets of discontinued operations rep-
resent cash balances, while liabilities
of discontinued operations represent
closing costs of the sale transaction.

2. PREFERENCE SHARES

On March 31, 2007, the Company
informed the holders of the Class A
preference shares that it would be
making a redemption of $267,500 on
June 30, 2007. This represents a
partial payment on the redemption
due on December 31, 2007.

3. PROPERTY REVALUATION SURPLUS

As a result of the sale of the property
associated with Cost Right Turks, the
property revaluation surplus relating to
that property was transferred against
the accumulated deficit.

4, SALE OF INVESTMENT

On March 31, 2007, the Company
completed the sale of its investment in
BSL Holdings Limited for $2,650,000.
$2,500,000 of the proceeds were
used to repay the bank debt taken up
to finance the investment.

5, PRE-OPENING COSTS

Pre-opening costs represent costs
incurred in the relocation of Cost Right
Freeport from its former location on
Milton Street to The Mall, which were
not capital in nature.

fokanes technical ond Shoofnal bathie |





oe ce ee ey

PAGE 8B, FRIDAY, JUNE 15, 2007

THE TRIBUNE



LES

JEWELLERY SALES ASSOCIATES

Must be...
Honest, Reliable, Dedicated,
Professional, Energetic &
SELF MOTIVATED

Excellent $$$ Bonus Potential
BO YOU HAVE WHAT IT TAKES?

If the answer is YES then take the next step.
FAX RESUME TO 326-2824

ya



Ost Dy
WANTED

An established law firm requires the following:

| Two (2) Legal Secretaries with the following
| experience:

1) Three (3) years litigation experience and
2) Three (3) years commercial experience.

Applicants must be able to work on their own
initiative.

Please fax resumes to 393-4558.



Annual General Meeting

To: All members of The Bahama Islands Resorts &
Casinos Co-operative Credit Union (BIRCCCU) Ltd.
The Eugene Cooper Building, #9 Village Road.









Notice is hereby given that the Twenty-second (22nd)
Annual General Meeting of the Paradise Island Resort
& Casino Co-operative Credit Union Limited (Now
Bahama Islands Resorts & Casinos Co-operative Credit
Union Ltd.) will be held at the Credit Union’s premises,
#9 Village Road, Nassau, Bahamas on












Saturday, June 16th, 2007 commencing at 9:00a.m.
For the following purposes:

To receive the Report of the Board of Directors for 2006:

To receive the Audited Accounts for 2006

To take action on such matters as may come before the meeting.
To elect members of The Board of Directors

THERE WILL BE NO SECOND CALL MEETING AS
PER THE CO-OPERATIVE ACT 2005 SECTION 22



Linda Symonette
Secretary
May 2007



DH

Securit y : Previous Close Today’
Abaco Markets 1.18
Bahamas Property Fund
Bank of Bahamas 9.40
Benchmark é
Bahamas Waste 2.95
Fidelity Bank 1.30
Cable Bahamas
Colina Holdings 2. 15
Commonwealth Bank
Consolidated Water BDRs 5.17 7
Doctor's Hospital 2.40
Famguard 6.26
Finco 12.60
FirstCaribbean 14.50
Focol 17.30
Freeport Concrete 0.54
ICD Utilities 7.25
J. S. Johnson 9.50
i 10.00



ym
12.25 Bahamas Supermarkets
10.00 Caribbean Crossings (Pref)
Oo. 20 RND aie _.

a SOC onna COVERT 1
28. 00 ABDAB 41.00
14.00 Bahamas Supermarkets 14.60

0.35 RNG Idi — scisesieliatetitegssss OSES



NAV
1.342667"
3.2018*"*
2.681688**
1.244286""""

‘52wk- Low ‘Fund ‘Name_
1.2936 Colina Money Market Fund
2.9038 Fidelity Bahamas G & | Fund
2.3915 Colina MSI Preferred Fund
1.1695 Colina Bond Fund
VAs 0199 aa Prime Jncome Fund
: j INDEX: CLOSE 802.57
I BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00 MARKET TERMS YIELD -
S2wk-Hi
| S2wk-Low - Lowest closing price in last 52 weeks Ask $

- Highest closing price in last 52 weeks Bid S -

- Previous day's weighted price for daily volume

e - Current day's weighted price for daily volume
- Change in closing price from day to day EPSS
- Number of total shares traded today NAV -

W Change
J Daily Vol
DIV $ - Dividends per share paid in the last 12 months

W P/E - Closing price divided by the last 12 month earnings FINDE

DELITY 242-356

‘s Close

Fidelity Qver-the
A

15.60

43.00
15.50

_ BISX Listed
Â¥

- Selling price of Colina and fidelity

Legal Notice

NOTICE

BUBBLES GALORE LIMITED

(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on

the 13th day of June 2007. The Liquidator is Argosa
Corp. Inc., PRO.Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)

_I Veronica J. aT ‘Nassau East, The Bahamas have
made sworn eeeeiion that Life of Barbados policy No.
0102203 on my life has been lost and having made application
to us.to grant a duplication of the same. Notice is hereby
given that unless objection is raised within one month of the
date thereof, the duplicate policy asked el will be issued.

Dyer June 6, 2007
By Order: Althea Hazzard, errre Secretary

NOTICE

NOTICE is hereby given that GREGORY CHRISTOPHER
NEIL of #84 PORT NEW PROVIDENCE, 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 15th day of

June, 2007 to the Minister responsible for Nationality |

and Citizenship, ‘P.O.Box N- 7147, Nassau, Bahamas.




" NEW WORKS
Please Call (242) 327-7562

Small Retail Store specializing in
girls accessories is seeking a dynamic,
energetic, and highly motivated
assistant store manager with prior retail
managerial experience to handle all
‘aspects of store operations.

Please send resumes by e-mail to
bahamas.com@gmail.com

Phone: 394-7019









Change Daily Vol. EPS $ Div $

1.18

9.40
0.85
2.95
1.30
10.60
221
14.55
5.12
2.40
6.26
12.60
14.50
17.50
0.54
7.25
9.50
10.00 :
“Gotnier Secunties: 25)
3 Last-Price
16.00
6.25 10.00
0.55 0.20
-Ceunter Securities
41.00
14.00
0.55 0.45
Mutual Funds
TDO% Last 12 Months





Yield %_

Div —

L YTD 08.15% / 2006 34.47% j a j
last 12 month dividends divided by ciosing price NAV KEY.
Buying price of Colina and Fidelity

*- 8 June 2007

Last Price - Last traded over-the-counter price
Weekly Vol

- Trading volume of the prior week ** - 30 April 2007
- A company's reported earnings per share for the last 12 mths

Net Asset Value ** - 31 May 2007

N/M - Not Meaningful

X - The Fidelity Bahamas Stock Index. January 1, 1994 = 100 ** - 30 April 2007



see" - 31 May 2007

“17647 FOR MORE DATA S INFORMATION ©









Post House Stiidio’*& Gallery





Share your news

The Tribune wants to hear from people who are
making news in their neighbourhoods. Call us on
322-1986 and share your story.





POSITIONS AVAILABLE
We are a small, but rapidly growing group and opportunities
exist for the right persons. All applicants should possess, at a
minimum, good passes in Maths & English, basic computer
skills and knowledge of Microsoft Office; excellent communi-
cation and organizational skills and an outgoing and pleasant
personality. The positions available are:

ADMINISTRATIVE/

OFFICE ASSISTANT
Resourceful, with excellent administrative, typing and word
processing skills. Desktop publishing skills and bookkeeping -
experience an asset.

JUNIOR CLERK
| Duties include, but not limited to, receptionist, filing, typing,

copying, banking and some accounting functions. Previous |

| office and print shop experience an asset.
| E-mail or fax your résumé and cover letter indicating the

| position you are applying for, to jobs@theservicegroup.com
| or 356-6135 by June 25, 2007. No calls please! We regret that

| only applicants selected for an interview will be contacted.

Members:
Image Printing & Berencks koaucs & Associates, Lad,
ww w.theservicegroup.com

NOTICE

NOTICE is hereby givén that VINCENT JOSEPH OF MARSH
HARBOUR, 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 8TH day of JUNE,
2007 to the Minister responsible for Nationality and Citizenship,
P.O.Box N-7147, Nassau, Bahamas.

iY iy:

JEWELLERY STORE MANAGERS

’ Discover a rewarding and
challenging career catering to the
country’s visitors in the exciting
retail jewelry business!!!

' Do You Have What it Takes?

The ...
ervice
rOup

ARE YOU...
Confident? ¢ A Leader? ¢ Self Motivated?
¢ Professional? ¢ Mature (25 yrs or older)? ¢ Dedicated?
If the answer isYES then take the next step

FAX RESUME TO 326-2824

SALARY OPPORTUNITY COMMENSURATE WITH EXPERIENCE & QUALIFICATION

ee Be |

Royal Island (Bahamas) Limited
- INVITATION FOR EMPLOYMENT






Royal Island (Bahamas) Limited, the develapers of the Royal
Island Resort and Residential Project, just off North Eleuthera
wish to fill the following position:




Experienced Boat Captain




Successful candidate will be a member of a small team and
will be required to skipper and maintain the company’s fleet of .
10 boats Cup to 44ft) and will also be required to take part in

the following guest water sports activities:








¢ Snorkeling
® Diving

* Flats and Deep Sea fishing
« Jet ski tours

* Sailing and Windsurfing





The successful candidate will be required to reside at Eleuthera.





Qualifications and Experience:



¢A minimum of [0 years experience.

¢ Hold a B class license or better.

¢ Be familiar with the local waters and the area around Royal
Island.

* Must have strony organizational skills in the areas of boat
maintenance and operations.

¢ Resort/Fishing/ experience preferred.

¢ Medical /Lifesaving/Boat and passenger safety training desirable.







Interested persons should submit their resumes with cover letter



to:



Harcourt Management Services Ltd.
P.O.Box N 1991
Nassau Bahamas
Fax to: (242) 356-4125
Or Email to: info@gomezcorp.com







Royal Island (Bahamas) Limited thanks all applicants for their
interest. however only those candidates under consideration
will be contacted.





= THE TRIBUNE

a?

¢ =ewewenua ce

-

wae

‘
®

Mb ee

SR TE IN RO Nl Nt RN I aT PO RE Ne I,

mR ww,

~

~

, ml By CARA
BRENNEN-BETHEL
{Tribune Business Reporter

A LEADING Bahamian
attorney yesterday questioned
:what this nation would do until
,the much-needed $250-$350
million improvements to the
Lynden Pindling International
4 Alport are completed in.2012,
‘ warning that it cannot sustain
*its tourism edge on cruise
j,arrivals alone.

Brian Moree, managing part-
‘ner at McKinney, Bancroft and
‘Hughes, said that while the

Bahamas may have received

{just under five million tourists
' “per annum for a number of

en:

i years, Bahamians should not be
“fooled by the statistics. This was
because of that five million, only

— -1.5 million arrived by air.

“The rest arrived by cruise
ship, and while that is good, we
, cannot sustain our tourism edge

: «on cruise arrivals alone,” he
4

warned.

Mr Moree told the CEO Net- —

work Conference that the
revamping of the Bahamas’
main airport was this nation’s
single most important project,
as it was the main gateway to
the country and formed the first
and last impression for visiting
tourists. It needed to match the
five-star hotel and visitor expe-
rience the Bahamas wanted to
give its high-end visitors.

“The question is: What will
we do until 2012?” Mr Moree
asked. He said he strongly felt
the conditions at Lynden Pin-
dling International Airport had
a direct correlation to a low
repeat rate of vistors to the
Bahamas.

In his presentation to the
CEO Network conference, Mr
Moree discussed Steps to
Strengthening, Preserving and
Protecting Tourism and Finan-
cial Services Sectors.

He said these two areas -

Airport woes hurt >
repeat visitor rates,
says attorney

which directly account for 36
per cent of the country’s GDP -
determine the financial stability
of the Bahamas.

And while he said the rich
may get richer, it was impera-
tive that the average Bahami-
au also gets better.

Mr Moree noted that as it
related to the financial services
industry, there was too much
bureaucracy and too few deci-
sion makers. He endorsed the
elimination of exchange con-
trols and the implementation of
a “super regulator” as a way to
streamline the industry.

He added that there needed
to be a sensible and streamlined
immigration policy, which
allows for foreign professionals
to come into the Bahamas when
necessary, but said it was vital
that there be a strong training
mechanism in place to comple-
ment it.

Mr Moree said one of the
main problems was the lack of



Clearing Banks Association
Public Advisory

The Clearing Banks Association is reminding the public
‘not to give personal or confidential bank.ng information
such as savings or checking account numbers, or details
of credit card accounts to persons requesting these details
by telephone, e-mail or online via the internet.

It is not the policy of any member of the Clearing Banks
Association to have staff ask customers to verify or
update personal and confidential bank account

information by any of these methods.

Persons who provide any confidential banking
information to anyone other than an authorized banking
officer, run the risk of compromising their banking
information and exposing themselves to fraud, for which
our members cannot accept responsibility.

If faced with any of the above situations please contact
your bank immediately.

Bank of The Bahamas International

FirstCaribbean International Bank (Bahamas) Limited

Citibank, N.A.

Royal Bank of Canada
Commonwealth Bank Limited
Scotiabank (Bahamas) Ltd.
Fidelity Bank (Bahamas) Limited



’ regions, products are developed

FRIDAY, JUNE 15, 2007, PAGE 9B



knowledge transfer.

He added that if the financial
services sector was to remain
competitive, it must reduce the
amount of time it takes to bring
new products on line. In some



27. on
H@ BRIAN MOREE, senior partner at McKinney, Bancroft &
Hughes

in seven months, whereas in the
Bahamas there may be a two-
year wait.

(FILE photo)

The College of the Bahamas
Culinary & Hospitality Management Institute (CHMI)

CULINARY TECHNIQUES SERIES 2007

Facilitator: Chef Tracy Zimmermann of Monroe College, New Jersey

These are hands on classes.

Techniques of Healthful Cooking

June 26 — Nassau, CHMI Kitchens, Thompson Blvd. 5 — 9 p.m.
July 3 — Exuma, College Centre, Georgetown 12 — 5 p.m.

Cost: $150.00 BHA: $125.00 Students: $100.00
Max: 15 participants

Specialty Bread Making ;
June 27 — Nassau, CHMI Kitchens, Thompson Blvd. 5 — 9 p.m.
Cost: $125.00 BHA: $100.00 Students: $75.00
Max: 15 participants

_ Chocolate Desserts abt ae ee ace we 8
June 28 — Grand Bahama, COB Campus, 5.29pm...
July 4 — Nassau, CHMI Kitchens, 5 — 9 p.m.

Cost: $150.00 BHA: $125.00 Students: $100.00
Max: 15 participants

_ Payment MUST accompany registration

“se Price includes supplies.
“se Certificates will be awarded.

Registration form(s), accompanied by payment in cash or by cheque,
must be delivered to the Industry Training Department at The Culinary
& Hospitality Management Institute of The College of The Bahamas for
the attention of Ms. Monique Butler or Mrs. Florina Turner, telephone
#323-5804/6804, Tourism Training Centre, Thompson Boulevard, Nassau,
N.P., Bahamas. Cheques must be made payable to: The College of The
Bahamas.

Class Descriptions

Specialty Breads — This class will explore bread making techniques in
order to further understand all of the nuances of breads and the bread
making process. We will begin with basic pan and batter breads, such
as banana and zucchini. We will then explore types of yeasted breads
that use more advanced techniques, including Foccacia, Sour Dough,
and Multi Grain. Differing techniques of shaping will be utilized.

Please bring an apron, dough knife/bench scraper, serrated knife
and measuring utensils.

Chocolate Desserts — This class will explore the use of chocolate in
desserts. It’s not just your basic chocolate cake; we will look into many
different styles of chocolate desserts. Some possibilities are chocolate
pot au créme, decadent flourless chocolate cake, Chocolate Biscotti,
infused chocolate truffles, chocolate raspberry mousse tarts and warm
molten chocolate cakes etc... The focus will be on the use of chocolate
and its proper handling.

Please bring an apron, chef’s knife, serrated knife and measuring
utensils.

Techniques of Healthful Cooking - This class will explore ways of
preparing foods that will be lower fat, calorie and carbohydrate. We
need our diet to be balanced and healthy; cooking is about everything
in moderation. Our focus will be on the uses of natural flavors to enhance
foods. Participants will be taught flavour reductions, glazes, purees, fresh
herbs and the use of spices. Some possible items will be oven-roasted
tomatoes with chickpea salad, grilled lemon pesto shrimp, tamarind
glazed salmon, seared snapper with Mediterranean veggies and a basil
broth, grilled lamb with fresh rosemary mint sauce, caramelized pineapple
with sorbet.

Please bring an apron, chef’s knife, peeler, and measuring utensils.

These are not set menus and are only representative of the types of
items to be prepared









PAGE 10B, FRIDAY, JUNE 15, 2007

aS ae a
BORCO sale ‘watched

with great concerns’



FROM page one

The Tribune was told that all
interested buyers had to submit
non-binding bids by the end of
June. These offers will then be
vetted by Citigroup, which will
help PDVSA in drawing up a
short-list of a final four to five
bidders.

These parties will then have
access to more detailed financial
date on BORCO via a specially

designed data rcom, and be

able to conduct a more thor-
ough due diligence through site
visits.

It is thought that PDVSA will
make a final decision on the
BORCO purchaser by the end
of August 2007.

The Tribune was yesterday
told that one potential bidder
was Petro China, the company
that was created from the
break-up of Chinese state-
owned giant, China National
Petroleum Corporation. There
is already a huge Chinese pres-
ence on Grand Bahama via
Hutchison Whampoa, and the
possible involvement of CITIC.

It was also suggested that
another investor group may
have formed around Maurice
Moore, the former FNM MP,
but this could not be confirmed
last night. The likeliest buyer is
another oil company.

Interest in BORCO is likely
to be high, sources have said,
due to its unique geographical
location.- proximity to the US
and potential as an oil tran-
shipment facility on the main
shipping routes in the Western
Hemisphere and to Europe,
plus the. opportunities for
expansion.

BORCO also used to have
oil refining capabilities, and
sources said there was poten-
tial to further expand its oil stor-

age capabilities, as well as get
into alternative energy forms
such as liquefied natural gas
(LNG) and ethanol production.

“It has many things going for
it,” a source said.

Yet some suggested that
PDVSA’s decision to sell and
seek a buyer may have been
prompted by the fact that the
company felt it would not make
economic sense to construct a
new refinery at BORCO or
upgrade the existing facility,
feeling it would tie-up too much
capital and not generate the
needed return on investment.

Clean-up

One source yesterday sug-
gested to The Tribune that the
BORCO site faced “very, very
substantial environmental

issues”, and any buyer would

need to undertake a clean-up.

BORCO is understood to
employ about 105 full-time
Grand Bahama-based staff, plus
another 50 contractors. It gen-
erates about $10 million per
year in net income, and pays a
$1 million per annum fee to the
Government to lease the
seabed.

Leslie Miller, the former min-
ister of trade and industry in
the PLP government, said dis-
cussions had been held about
re-establishing BORCO’s oil
refinery capabilities, with pro-
posed refining capacity of
500,000 barrels per day.

Mr Miller said this, if suc-
cessful, would require a $2 bil-
lion investment and create 800
full-time jobs. In the 1970s,
BORCO was one of the biggest
refineries in the world, but it
closed in 1985 during a world
oil over-supply. Given the cur-
rent relatively high global oil

POCO EEOOS HOSE SEES O HOSE COO SOOO ST OOE OOOO SEE OCOOEOOSOO LL OE EEO

prices, some feel the investment
in re-opening the refinery might
be worth it.

PDVSA made a $40 million
investment to upgrade and
repair BORCO’s 73 oil storage
tanks in 2001, with storage
capacity increased from nine
million barrels to 20 million.

The terminal has two jetties
and six deep sea berths, and
since 2001 PDVSA had been
focusing on getting BORCO to
maximum storage capacity as a
‘break bulk’ facility, where large
oil shipments are blended or
broken down into smaller con-
signments for onward delivery.

BORCO had also. been look-
ing for longer-term storage con-
tracts with its clients. Some four
major oil companies lease stor-
age space from it, including
Total and, until recently, the
Brazilian firm Petrobras.

Poceccccccescsscccescccccosecece
°

INSIGHT

For the stories
behind the
news, read
Insight on
Mondays

Peneccevecsoscscceccesceeesecocce

COC COOS COE SEEOOOLET OOOO FOOSE OOOO SE OHO EEO SEES ESOS SOOT EOE OOO OO®S

TEACHER WANTED

THE TRIBUNE



Teach 2 school age children (4 1/2 & 7 1/2) in home setting.
WTS a ESTEEM CC EEC TT
TMU CT CM Cr TR CERT CMM UTES MU i BE ESC
education. Willing to promote critical thinking and leadership
skills in children. Working hours 8:00 a.m. - 1:00 p.m.
Skills: bachelors degree, 3 years of experience, excellent
PT skills. Knowledge of Spanish a plus. Start date
August 27, 2007.

Ctr By ACTER)

Nicely. Equipped

Obra rele ee er meta eed

«Power locks and windows (available on select models)

Oe Crime lsc a ee en Cit aed rad
ease rials

SLES

Shirley Street « 328-3908

FOR ALL LIFE’S ROADS

CHEVROLET



To enter attach 3 wrappers from any of the products shown, fill in the entry form and drop into entry boxes
in participating stores or The d’Albenas Agency in Palmdale. Contest ends July 27th , 2007.

3rd Prize
Whirpool Refrigerator

2nd Prize
Whirpool Washer and Dryer

1st Prize

Panasonic 32” Plasma TV

PART-TIME RECORDS ASSISTANT

Country Office in Bahamas
Immediate Supervisor: Operations Analyst

The Inter-American Development Bank (IDB), the largest and leading source of
financing for regional development in Latin America and the Caribbean seeks to
contract a consultant to fill the part-time position of Records Assistant.

Objective .

To ensure the proper classification, organization, maintenance, protection, access
and control of documents and records in all media and to provide reference services
to authorized Bank personnel.

Basic Functions

Compile, classify, maintain and manage the files and records both paper
and electronic of the File Station pertaining to the Bank operations and ©
accordance with the Bank’s official records management procedures
Provide reference services and expertise in the retrieval of operational
information of active and inactive files using the appropriate systems: DM
Extension, CRMS (Castle Records Management System), Intranet, Internet,
etc.

Coordinate activities with those of the Bank’s Records Management Section
through the Operational Analyst, regarding maintenance and preservation
of operation’s archives and adherence to the Bank’s Records
Retention/Destruction Schedule.

Train staff in the proper classification of the documents and in the use of
electronic filing systems.

Provide client support to country office staff, as well as to outside clients.

Requirements
Competencies that include the Ability to:

Demonstrated capacity to systematically manage information proficiency
in Microsoft Office package.

Ability to identify, evaluate and propose solutions/alternatives to problems
in this area.

Experience in providing services to multicultural and multidisciplinary
groups.

Services orientation toward clients and harmonious relationship with internal
and external clients.

_Education_

e A Degree in Archives Administration or Library Science is preferred.

Experience

¢ Minimum three years of relevant experience.

¢ Written and spoken command of English. Working knowledge of Spanish
desirable.

Interested Bahamian candidates should forward a copy of their resume by
June 27, 2007 to:
The Administrative Officer, IDB Bahamas
P.O. Box N-3743, Nassau, Bahamas
OR Email: cof/cbh @iadb.org



Ta cing care of you
and your family








a a

THE TRIBUNE BUSINESS









































Bahamian Puppet and ly
his sidekick Derek put ty

some smiles on your





Movie Gift Certifi









FRIDAY EVENING JUNE 15, 2007
7:30 | 8:00 | 8:30 | 9:00 | 9:30 | 10:00 | 10:30
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| WPBT |table discussion. |Week (N) — |Group th) (CC) |Classic A (CC) Live From
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@ WFOR!n ¢c) the host of he fal episode of his |
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Deco Drive Bones A body wrapped in a shroud /Standoff Emily must negotiate with |News (N) (CC)
WSVN lies beside an overtumed garbage |suspected bank robbers holding 25
| truck. 1 (PA) (CC) hostages on a train.
Jeopardy! (N) Kyle XY “The Prophet” Kyle gets | National Bingo Night Contestants [20/20 (CC)
WPLG (cc) answers. 1 (CC) play bingo for a chance to win
prizes like a cruise. (N) (CC)
CABLE CHANNELS ;
(0) Cold Case |CSI: Miami “Shattered” Horatio and |CSI: Miami “Payback” The CSIs __Intervention “Andrea and Ricky”
A&E iles (CC) his team ss the murder of a |probe the murder of a rapist. — |Drug addicts. (N) (CC)
suspected drug lord. 1 foc)
Hardtalk Extra |BBC News World Business |BBC News Our World “Falk-|BBC News World Business
BBCI (Latenight). |Report (Latenight), en 25 Years |(Latenight). |Report
n
BET Thank My Mama] * * * HOLIDAY HEART (2000, Drama) Mind Rhames, Alfre Woodard. A|Comicview (CC)
drag queen shelters a drug addict and her child. (CC)
Just for Laughs |Royal Canadian |Halifax Comedy {Intelligence (CC) CBC News: The National (N) (CC)
CBC [gags (cc) ” |AirFarce (CC) [Fest (CC)
:00) Onthe {Fast Mone 2007 Heads-Up Poker Tournament} The Big Idea With Donny Deutsch
CNBC © [fjstey :
CNN : - |Paula Zahn Now (CC) Larry King Live (CC) Anderson Cooper 360 (CC)
Scrubs Coma |The Daily Show |The Colbert Re- /Brian Regan: Standing Up The South Park Jim- |South Park
co victim’s wife is at-|With Jon Stew- |port (CC) comic performs. (CC) my learns control.|Church atten-
tracted to J.D. —_jart (CC) (CC) dance drops off. |
Cops “Coast to |NOPD: Mardi Gras Forensic Files Forensic Files |The Investigators “Heartshot”
COURT Coney A (CC) Eee “Concrete Alibi” |
The Suite Life of|Disney Channel | x * ICE PRINCESS (2005, Comedy-Drama) Joan Cusack, Kim Cattrall, |Life With Derek
DISN Zack and Cody /Games Opening |Michelle Trachtenberg. A teen chases her dream of becoming a figure | Derek asks out
4 (CC) Ceremonies —_|skater. ( 'G’ (CC) Casey's friend.
DIY This Old House |Home Again |DIY to the Res- Sweat Equity |SweatEquity Classic Rides [Classic Car -
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‘ wood Story Rachael Ray. (CC) — |man; Fall Out Boy. 1 (CC)
(:00) SportsCen-/Golf U.S. Open Championship -- Best of Second Round. From Oakmont Country Club in Oakmont, Pa. (Same-
ESPN ter lee day Tape) (ec)
Gol ESPN: ESPN Perfiles /RPMSemanal |2006 World Series of Poker Main Boxing Friday Night Fights. (Live)
ESPNI
Fuera de Juego event, from Las Vegas. (CC) (CC)
EWTN te Mass: Our |The World Over 4 iN Worth |The Holy Rosary/Defending Life Voices on Virtue
:00) Cardio . National Body Challenge “Meat-Eaters vs. Vegetarians” Two families |The Body Invaders “Weight Con-
FIT TV last M (CC) _ |struggle to get in shape. trol’ The skinny on fat. (ct)
Fox Repoit- |The O'Reilly Factor (Live) (CC) /Hannity & Colmes (Live) (CC) On the Record With Greta Van
FOX-NC Shepard Smith oer | : Susteren (Live) (CC)
Marlins on Deck /MLB Baseball Florida Marlins at Kansas City Royals. From Kauffman Stadium in Kansas City, Mo. (Live)
FSNFL tic)
GOLF (:00) Live From the U.S. Open (Live) Live From the U.S. Open
Lingo (CC) Greed (CC) Dog Eat Dog 1 (CC) Chain Reaction |Chain Reaction
GSN (cc (cc
(:00) Attack of | {X-Play “X-Play’s One Hour Trip” |Cops ‘Kansas Cops “Nashville” |G4’s Free Stuff |Ninja Warrior
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oy) Walker, — )Walker, Texas Ranger Walker re- YOU'VE GOT A FRIEND (2007, Drama) John Schneider, Bitty Schram,
HALL exas Ranger {calls his fiancee when her killer is Dylan McLaughlin. An orphan develops an unlikely friendship with a re-
“Devil's Tu released from prison. O (CC) cluse. (CC)
_ |Buy Me “Before |Selling Houses Specials “Grimsby’/House Hunters |World’s Most — |Relocation, Relocation ‘Neal and
HGTV _landAtter’ 1 ~—-‘[Two-bed semi in Lincolnshire. © {International © |Extreme Homes |Kerry Bailey” (CC)
(CC) (CC) (CC) British tugboat.
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INSP a alll Oe
Reba Reba tries |My Wifeand |Accordingto Accordingto Friends Phoebe |Everybod Everybody
KTLA to sell her en- Kids “Jury Duty” [Jim Racacetbal Jim 0 (cc) has a fear of fly- Clee Raymond Loves Raymond
gagement ring. | (CC) showdown. (CC) ing. (CC) 1 (CC) (cc) -
Still po Reba Reba and (Reba Barbra |% * THE STEPSISTER (1997, Suspense) Linda Evans, Rena Sofer,
LIFE Kids spread their Barbra Jean spar.|Jean wins Reba {Alan Rachins. A young woman suspects foul play in her father’s death.
wings. 0 0 (CC) inan auction. — |(CC)
:00) Hardball + {Countdown With Keith Olber- © {MSNBC Investigates: Lockup: In- | MSNBC Investigates “Lockup: In-
MSNBC {eel mann side lowa State Penitentiary side Kern Valle
NICK Jimmy Neutron: |Nicktoons TV | * * THE SPONGEBOB SQUAREPANTS MOVIE |Funniest Home |Full House ©
Boy Genius a (2004) Voices of Tom Kenny, Bill Fagerbakke. 1 Videos (CC)
:00) NUMB3RS /Very Bad Men The 34th Annual Daytime Emmy Awards (Live) 1 (CC
NTV .|"Killer Chat” : (
:00) Trackside {Survival of the |NASCAR Racing Nextel Cup -- Citizens Bank 400 + |ARCA RE/MAX Series Michigan.
SPEED |) K) Fastest (N} \cualiying. t :
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TBN Kingdom Scenes (CC) |Report(CC) —_|(CC) Price (CC)
Everybody % & % HITCH (2005, Romance-Comedy) Will Smith, Eva Mendes, Kevin James. Premiere. |Tyler Perry's
TBS Loves Raymond |A smooth-talker helps a shy accountant woo an heiress. (CC) jouse of Payne
1 (CC) School bully.
Take Home Chef|Extreme Weddings (N) Fashion Fanatic “Wedding Attire” |Mind Your Manners ny eX-
TLC Steamed mus- Weddings. (N) perts help rude and unretined stu-
Z sels. (N) dents learn proper behavior. (N)
(:00) Charmed | x % * HITCH (2005, Romance-Comedy) Will Smith, Eva Mendes, Kevin James. Premiere. | x %% THE RE-
TNT Engaged and A smooth-talker helps a shy accountant woo an heiress. (CC) PLACEMENTS
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UNIV asiones dulce, romantica e inteligente, pero Especial Migrante del Amor; En
apenas atractiva. (N) Busca de la Dignidad. :
(:00) Law & Or- /Law & Order: Special Victims Unit|Monk “Mr. Monk and the Big Re- _jLaw.& Order: Special Victims Unit
USA der: Criminal In- )“Tortured” Detectives look for a killer|ward” Monk races to find a stolen di-|"Mercy” A baby is found inside a
tent % (CC) —_|with a foot fetish. (CC) amond. (CC) cooler in the East River.
VH1 (:00) 40 Hottest Over 40 1 Best Week Ever |Hogan Knows Hogan Knows Hogan Knows
(NO Best Best Best 1
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a ** : 5) &% GET CARTER (2000, Suspense) Sylvester Stallone, Miranda | x» GRANDMA'S BOY (2006,
MAX-E __|SPRUNG (1997) |Richardson, Rachael Leigh Cook. A mob enforcer is determined to solve |Comedy) Doris Roberts, Allen
Tisha Campbell. |his brother's murder. 1 'R’ (CC) Covert. 1 ‘R’ (CC)
ef) * &% THE ISLAND (2005, Action) Ewan Mc- | % & POSEIDON (2006, Adventure) Josh Lucas, Kurt (a) x AC-
MOMAX regor, Djimon Hounsou. A mercenary pursues two Russell, Jacinda Barrett. A luxury liner capsizes in the |CEPTED (2006) _
clones on the run in 2019. 1 ‘PG-13 (CC) North Atlantic. 0 ‘PG-13' (CC) Justin Long. |
sl % 4% MISSION: IMPOSSIBLE Ill (2006, Ac- |The Tudors “Episode 10° (iTV) | x * BASIC INSTINCT 2 4s
SHOW _fion) tom Cruise. iTV. Agent Ethan Hunt faces the Wolsey tries to ally himself with Sharon Stone. Catherine Trammell |
toughest villain of his career. 1 ‘PG-13' (CC) Queen Katharine. 1 (CC) re-emerges in London. ‘R’
Pe a; (8) x %» MICKEY BLUE EYES (1999, Romance-Comedy) Hugh x ENCINO MAN (1992, Come-
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INGS (2005) ‘R’ ja gangster’s daughter. ( ‘PG-13' (CC) Pauly Shore. ‘PG’ (CC)







FRIDAY, JUNE 15, 2007, PAGE 11B




let Cha rlie the




kids’s faces.

Bring your children to the
MctHappy Hour at McDonald's in
Palmdale every Thursday
from 3:30pm to 4:30pm during the
month of June 2007,

¢

Enjoy Great Food, Prizes and Lots of Fun.



- Pm lovin’ it

8

co Movie Serre log en

. make great gifts!



PAGE 12B, FRIDAY, JUNE 15, 2007

THE TRIBUNE BUSINESS



COMICS PAGE












VY SHE HAS FOUR j
HOMES IN EUIROPE--

THEY'RE WORTH
\ A FORTUNE!

WHY WOULDN'T
RACHEL TELL ROGER (ahs
SHE HAS CANCER? "















YW AND SHE'S
MV LEAVING THEM
TO NEDDY AND
SOPHIE!

DON'T KNOW---
BUT THERE'S
MORE!




APARTMENT 3-G

SOMEDAY, TOMMIE, WHEN YOU / WHEN YOU LOOK
FALL IN LOVE, YOU'LL KNOW
WHAT I MEAN. ;

AND WHEN HE
TAKES YOU IN HIS

WHEN HE TOUCHES

IN HIS EYES YOUR} YOU YOUR PULSE
HEART MELTS.















CAN'T YOU HEAR IT? THAT \
BAKED HAM IS CRYING ee
mori |

AFTER ALL OUR YEARS TOGETHER,
YOU'D THINK SHE'D HEAR IT, TOO



WHERE ARE YOU
GOING, HONEY’?



I WAS BORN
UNDER A__
“FREE PUPPIES}
SIGN



IF YOU ARE BORN:
UNDER THE SIGN

(©2006 by Norn America Syndicate, ne. World rights reserved.

\ DUNNO,
SUODENIN
NN EAS

} OK, BYT [ET'S
THINK. (T
TAKS A
THIEF “To
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THIEF OW Ger tt.

5°} FIND A

Oe WHEL IDK, . q
NAN O15: BH UPNCRONL PRESS S10. WUILEY (DEE GCAETLIK, DET



THIS IS MY HOUSE, THESE ARE

MY CARVS AND ‘THOSE ARE AY

RULES. ANYUNE WHO DOESN'T
LIKE (T CAN LEAVE!

la?



| CRYPTIC PUZZLE |

ACROSS
4 A flabby waist is in the offing (6)
7 Drivers ina class of their own? (8)
8 Criticise a mother for being
somewhere abroad (6)
10 Move evasively past
a policeman (5)
_ Not the oriental way (4)
Would boxwood be suitable
for one? (4)
Gasp at one’s old man going to
the theatre! (4)
Had some reheated food (3)
Nominally a bit of an
egotist? (4)
Continental cash (4)
Powerful composition
for orchestra (9)
Fashionable style of demo (4)
Is she a bit naive with
Edward? (4)
Work to the centre, perhaps? (3)
Poet's drinking place at the end of the
road (4)
Most bilge can be concocted as
plausible (4)
The Wigan ones are
just a joke! (4)
Discontinue, for instance, being a key
holder (5)
Little girl perhaps sheepish at her
loss? (2,4)
Didn't bother with the deliveries that
were surplus (4,4)
Shift'em over, perhaps (6)

DOWN
1 Prattles to the girl round

the corner (5)

To Uncle, not even a half baked
dance? (5)

Unique in the London Lyceum (4)
Could its trembling crack panes? (5)
Relative from Taunton (4)

A motto rewritten and juicy! (6)
Behind with some of the

Easter news (6)

Choose the music for the

West End (3)

One of the wetter parts of Norfolk (5)
All round locking devices? (7)
Hole dug out of spite? (3)

Live a double life in Clarence
Square? (3)

Voice three times higher than the
rest? (6)

Customary Ingredient of
sausages (5)

Horse but no chestnut! (3)
Nothing but dead ends? How
strange! (3)

Sad looking beast going round a
tourist centre (6)

Her denial is in a whisper (3)

Sort of pie you can't get into

bed with! (5)

Offspring, immature and grubby (5)
Does bread tend to crumble

into it? (5)

Being thus nautical is flighty! (4)
Acts badly in a show (4)

ACROSS
Endure (6)
Conker (8)
US state (6)
Rub out (5)
Ship's
company (4)
Posted (4)
Appear (4)
Gender (3)
Norse god (4)
Corrosive
substarice (4)
Passed (9)
Worry (4)
Region (4)
Charge (3)
Adjoin (4)
Declared (4)
Row (4)
Cut (5)
Secret (6)
Hero (8)

EASY PUZZLE

Yesterday’s cryptic solutions Yesterday's easy solutions
ACROSS: 1, D-all-as 7, Coal mine 8, Agra 10, (0-)Pinion 11, | ACROSS: 1, Stress 7, Harmless 8, Rave 10, Waited 11,



Adders 14, Tot 16, Eerie 17, Eden 19, Stays 21, Seine
22, Dealt 23, G-low 26, Piper 28, Pro 29, Sleeve 30,

Arcade 14, Let 16,Tunes 17, Sled 19, Roger 21, Talon
22, Depot 23, Core 26, Satin 28, Sea 29, Elapse 30,

Suture (6)






~ The Ps

South dealer.
East-West vulnerable.
NORTH
10643
Â¥9
@AJT7
PK QI42
WEST EAST
aj @K9
VK 108643 VAI752
#10532 #864
&86 kA 109
7 SOUTH
AQ8752
Â¥Q
*KQ9
753
The bidding:
South West North East
1% Pass 2 & Pass
2% Pass 3¢ Pass
4 Pass 4%

Opening lead — six of hearts.

In duplicate bridge, where the
method of scoring is usually match
points, the aim is to get a better score
with your cards — be it 10 points or
1,000 — than other pairs who hold
the identical hands.

As a result, an extra trick picked
up in a partscore or game contract
looms much larger in importance
than it would in a rubber-bridge
game, where an extra 30 points is
relatively insignificant.

This hand occurred in a pair
event, and at most tables the final
contract was four spades played by

© 1606 Universal Press Synarcate

BEING SILLY.

South. In nearly every case the
declarer made 11 tricks, losing only a
heart and a club after the spade
finesse succeeded.

At one table, however, where the
bidding went as shown, South made
only 10 tricks, earning a poor score
for the North-South pair (and a good
one for the East-West pair). There
was only a 30-point trick involved,
but that made all the difference.

West led a heart to East’s ace.
East could see that his king of spades
in front of the spade bidder was in

_ danger of being decapitated, so, in an

effort to steer declarer away from the
winning course, he retumed the ten
of clubs!

This unusual play was designed
to implant the fear of a club ruff in
South’s mind. And, sure enough,

after declarer won the club in -

dummy and returned ‘a spade — on
which East played the nine — South
was in a quandary.

He had visions of losing the queen
of spades to the king, after which
West might be able to lead the ace
and another club and give East a club
ruff to defeat the contract. South
therefore went up with the ace of
spades and wound up with only 10
tricks.

It may be argued that declarer
should have seen through East’s ploy
and finessed the spade despite the
danger, but credit nevertheless must
be given to East for having the imag-
ination to play upon declarer’s fears.

: TARGET |

The
Target
uses
words in
the main
body of
Chambers
21st
Century

ni
IN| O/G

HOW many words of four
letters or more can you make
from the letters shown here? In
making a word, each letter may
be used once only. Each must
contain the centre letter and
there must be at.least one
nine-letter word. No plurals.
TODAY'S TARGET

Good 12; very good 18;
excellent 24 (or more).
Solution tomorrow.

(1999
edition).

Pains (5)
Type of chair (5)
Eye
inflammation (4)
Stow (5)
Piloted (4)
Ran off to wed (6)
Produce aqain (6)
Colour (3)
Cooker (5)
Mythical creature (7)
Term of respect (3)
Transgression (3)
Keep back (6)
Stop (5)
Mineral (3)
Cratt (3)
Small mammal (6)
Bind (3)
Tree (5)
Evade (5)
Intoxicated (5)
Diplomacy (4)

Dictionary

|
|

ry
ry rort rote
ree trey troy

erector ferret fete fort forte

forty fret rector recto

REFECTORY ret:

YESTERDAY’S SOLUTION
cote croft crofter erect
terry tore torr t

tyre tyro









new
word
| cockpit _ |

yor Ce MU)
aircraft set apart
for the pilot and |
Tea!



CHESS by Leonard Barden :

Vasily lvanchuk v Peter Leko,
Morelia-Linares 2007. When
grandmasters get it wrong
during a game, the explanation
is usually time shortage or an
unusually hard position. So it is
remarkable that two of the
world top 10 should have
misjudged this diagram during
their post-mortem, with no clock
pressure to excuse the lapse.
White (to move) has sacrificed a
bishop, and the Ukrainian and
Hungarian agreed that he can
regain the piece by 1 Re8 Rxe8 2
Qxe8+ Kg7 3 Qxc8, when the
queen endgame should bea
draw, though Black must play
carefully. They both correctly
observed that 1 Re8 Bd7, trying
to keep the bishop, is in fact a
blunder, but they were so
focused on 1 Re8 that they failed






GO SPIT OUT YOUR
TOOTHPASTE AND STOP



LOOK, MOM,
IVE GOT
RABIES.

MAYBE DAD WILL
FALL FOR ITF T
BITE HIM FIRST.






FRIDAY
JUNE 15

ARIES - Mar 21/Apr 20 *

Misery loves company, Aries. If
you’ve been in a foul mood, steer
clear of others so you don’t bring
down their spirits as well. You'll
brighten up by Wednesday. °

TAURUS — Apr 21/May 21
It’s time to tum your luck around,

‘Taurus. Your employer has a new
- proposition for you, and you should

take it, even if it seems like it is a
risky endeavor.

GEMINI - May 22/Jun 21 _
Stop focusing on an incident that
happened weeks ago, Gemini. The
other party has forgotten about it,
and you should, too. Grudges will
get you nowhere.

CANCER - Jun 22/Jul 22
Don’t be so quick to spread your
newfound wealth, Cancer. Sock
away some of it for a rainy day. You
of all people should know how fast
fortunes can change.

LEO - Jul 23/Aug 23

You will be the life of the party
come this weekend, Leo. Live it
up, but only if you’re not afraid of
causing a sensation among the
other guests.

VIRGO — Aug 24/Sept 22
Someone has hurt you, but hearts do
mend, Virgo. Rather than dwell on
what might have been, pick yourself .
up and get back into action. You'll
feel better doing so.

LIBRA - Sept 23/Oct 23
There are twists and turns at every cor-
ner this week, Libra. Let’s hope you
weren’t planning on a quiet go of it.
Others will marvel at what appears to
be a crazy life. To you, it’s the norm.

SCORRIO — Oct 24/Nov 22
Someone in the family is more
demanding than ever, Scorpio, leav-
ing you with less free time than you
once had. This person is a priority, so
you need to learn to cope.

SAGITTARIUS - Nov 23/Dec 21
Contrary to what you may believe,
Sagittarius, the grass isn’t always
greener in someone else’s yard. Be
content with what you have rather -
than always chasing rainbows. :

CAPRICORN - Dec 22/Jan 20_
Time is of the essence with a finan-
cial plan that is brought to your atten-~
tion, Capricorn. Better seek the*
advice of Aquarius, because this_
seems too goad to be true.
AQUARIUS - Jan 21/Feb 18 _
Those around you are drawn to you.”
magnetically, Aquarius. That is why’
you are a true people pleaser. Use.
this trait to your advantage when you ,
need help at work. =

PISCES — Feb 19/Mar 20
There’s no time to rest now, as an,
important venture keeps you busy,
through the week, Pisces. Treat yourself.
to something for all of the hard work. :

e t gy oh

to spot an alternative plan which
would have forced victory for
White. So today's puzzle is
twofold: (a) how would White
meet 1 Re8 Bd7? and (b) what was
the better white sequence in the
diagram which would have won
for lvanchuk?

LEONARD BARDEN



*
Chess solution 8385: (a) 1 Re8 Bd7? 2 b4 and the BQ
can't guard the f8 rook. (b) 1 Qh5+ Kg7 2 Re3! (threat 3
Rg3+) £4 3 Re5 mates or gains decisive material.

Corset 31, Unit 32, Pullover 33, Twelve Identical (4)

DOWN: 1, Scowls 2, Elated 3, Shed 4, Smarten 5, Began
6, Ashes 8, Rile 9, Vet 12, Cur 13, Defer 15, Colon 18,
Local 19, Rap 20, Got 21, Tension 22, Dip 23, Cerise 24,
Oast 25, Entire 26, Seeps 27, Table 28, Son

30, Curt

Waiter 31, Apes 32, Legacies 33, Pledge

DOWN: 1, Diepp-e 2, Le-Gl-on 3, Scan 4, Glad eye 5,
Finer 6, L-ease 8, Ante 9, Rot 12, Des 13, Ring-O 15, Still
18, D-evil 19, Sea 20, Ant 21, Service 22, Dee 23,
Gri-Eve 24, Lots 25, Warbl-e 26, Psalm 27, P-egg-y 28,
Pa-p 30, W-asp

0
N
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C
R.
0
S
S
W
0
R
D









eC 2 Se ee

THE WEATHER REPO

Ty ix’

Se Ses Ree

INSURANCE MANAGEMENT

(BAHAMAS) LIMITED. INSURANCE BROKERS & AGENTS |







YT Te gi) 12h) 0 |



by























































































Today Saturday WINDS WAVES VISIBILITY WATER TEMPS.
= — Ww High Low W WASSAU ‘Today: SE at 7-14 Knots 1-2 Feet 2-4 Miles 81° F
| | Fc FIC i ; .
peapuleo eee fee SM82~T9RG pe 87130-7725 © FREEPORT Today. SSEat6-12 knots roa ret aE
Amsterdam 1 72/22, 57/13 ¢ 66/18 55/12 t Saturday: | SSW at 15-30 Knots
! Ankara, Turkey | 84/28 55/12 s 86/30 57/13 s | ABACO Today: S at 6-12 Knots 1-3 Feet 3-5 Miles 80° F
A couple of heavy Cloudy with a couple’ A shower or Mostly cloudy. Mostly cloudy. Intervals of clouds The higher the AccuWeather UV index™ number, the Athens 86/30 72/22 t 90/32 73/22 s Saturday: _ SSW at 15-30 Knots 3-5 Feet 2-4 Miles 80° F
thunderstorms. of t-storms. thunderstorm; breezy. and sunshine. greater the need for eye and skin protection. Auckland - ‘I 53/11 44/6 c 53/11 46/7 r
High: 86° High: 88° High: 88° High: 88° =} = oe cee: ee
High: 84° Low: 74° Low: 74° Low: 76° Low: 76° Low: 74° |. By patna ne vS0 eg TIES © J
ETAT ERTL EET AccuWeat ated Ny Eas irate LSM EEUIL TELE By EULA TE ieee Tipes i wo nie ae a a 3, 4 io i ON 5 Ee a Cy 3
a2" me je 97°-83° F __ 3st ee aon an. An) Beirut 75/23 75/23 s 76/24 73/22 s
The exclusive AccuWeather RealFeel Temperature? is an index that combines the effects of temperature, wind, humidity, sunshine intensity, oudinee eal pressure, and — ' Today 8:35am. 2.5 2:36am. -0.1 Belgrade 91/32 67/19 pe 90/32 ‘68/20 t
elevation on the human body—everything that effects how warm or cold a person feels. Temperatures reflect the high and the low for the day. = 9:03 p.m. 3.3 2:27p.m. -0.2 Berlin 84/28 61/16 t 77/25 55/12 t
- Saturday 9:27am. 2.5 3:27am. -0.1 Bermuda 78/25 67/19 pc 80/26 68/20 pc
ALMANAC (attststitié*“R y 9:54p.m. 3.1 3:20p.m. -0.2 Bogota ; 64/17 48/8 pc 64/17 48/8 a
Statistics are for Nassau through 2 p.m. yesterday Sun day l0l8am. 25 46am. -0.1 Brussels 76/24 51/10 c 68/20 50/10 t
ABACO Temperature . 10:43p.m. 3.0 4:12pm. -0.1 cee pe aed a os cond c
one : High ....... suasababivescuaminiaga eee: sesstsvseesee 91° F/33° G : : uenos Aires s pc
High: 84° F/29°C Low ee" 76s Frege ¢ «Monday a a eee Cairo 94/34 69/20 s 96/35 69/20 s
NON ALIQI sesccsssasesebeccsssstaesteasvesictic 7 ae ee ae Calcutta : 95/35 85/29 t 93/33 87/30 t
NoOnitial LOW occ sseisisssdccwstssssheceasissveccesy L4° 2 Calgary 64/17 44/6 pc 64/17 46/7 t
WEST PALM BEACH Last year’s HIgh ..esssssssssssssssseessssseeeee 89° F/32° C Cancun 84/28 72/22 t 88/31 74/23 t
High: 84° F/29°C Last year’s low sosseeseeenannnanesessnenssnceeec 81° F/27°C ; Caracas 84/28 68/20 pc 84/28 68/20 pc
Low: 72° F/22°C Precipitation Sunrise ...... 6:20 a.m. Moonrise..... 6:31 a.m. Casablanca 74/23 68/20 pe ~—=*S77/25 «SHB s
As of 2 p.m. yesterday 0.00” Sunset....... 8:01 p.m. Moonset..... 9:01 p.m. — Copenhagen 62/16 59/15 sh 70/21 56/13 sh
S Year to date esos 24.03" New Dublin 63/17 54/12 6 63/17 48/8 c
High: 83° F/28°C . Normal year to date .. 14.94” Frankfurt 70/21 51/10 t 70/21 47/8 t
Low: 71° F/22°C . Geneva 66/18 53/11 t 76/24 58/14 pe
AccuWeather.com Halifax 6719 50/10 pc 68/20 5211 po
a. = All forecasts and maps provided by Havana 81/27 7o2it = 84/28. 74/23 t RNA Showers .
‘MIAMI oe . Ae AccuWeather, Inc. ©2007: Jul. 14.—«Helsinki 66/18 39/3 pc 61/16 48/8 sh [& Sj T-storms aa a 85/74
High: 85° F/29° C —— __ ELEUTHERA - Ee HongKong 90/32 80/26 pe 89/31 81/27 + (o=a™: Rain sie
‘Low.74°F/23°C : ____ High: 84°F/29°C . Islamabad 112/44 76/24 s 107/41 77/25 pe [*“*] Flurries a eee ieee Pubte es
= : : =e Low: 76°F/24°C : Istanbul Ee 83/28 68/20 pc 83/28 71/21 s x Snow Se eh: Temeraaae sands ore hich far thie-ds) Warm Mienfieafis
cena nes cl s eles dhe s (z_v] Ice Forecast high/low temperatures are for selected cities. Stationary degen
j ohannesburg =~ : ge r- 36/2 s
‘ Kingston 90/32 79/26 t 90/32 78/25 pc 4
sears CAT ISLAND lima BT S7NB po 71/21 55/12 pe
Low: 74° F/23°C High: 85° F/29°C : London 68/20 55/12 c 64/17 52/11 sh
: s ; Madrid : 72/22 59/15 pc 70/21. 59/15 t
& Manila 89/31 78/25 c 93/33 78/25 c
: Mexico City 2S O1/2Te 52st 81/27 ~— 55/12 t
Monterrey 100/37 75/23 pc 104/40 75/23 pc
Montreal : 80/26 64/17 pc 81/27 64/17 t
2 San Moscow 73/22 44/6 pc 69/20 57/13 pc
— Low:75°F/24°C Munich 74/23 55/12 t 76/24 57/13 t hinds. ad
Shown is today's weather. Temperatures are today's ar - Se ‘ eRe SLA NURS Poles otf RT at
highs and tonights's lows. High: 84 F/29°C =f == f New Delhi f i 101/38 77/25 pe 103/39 85/29 pc > en , ‘
Low:77°F/25°C Oslo 61/16 48/8 pc 63/17 50/10 r EN we ar OUr
Pali) oe -78/02 542 ¢ 73/22. 56/2 6 : ; - ret
Prague 86/30 61/16 pc 69/20 58/14 ¢ AL itho ut us
Riode Janeiro =——s— Riyadh 107/41 | 85/29 s 105/40 87/30 s : : : - ene
i. Rome pe BIRT. 47. c 81/27 64/17 pc :
' Today Saturday : Today Saturday ‘ Today Saturday MAYAGUANA , : _ St. Thomas _ ‘ 90/32 81/27 s 90/32 80/26 s
High Low W High Low W High Low W High Low W High Low W High Low W High: 90° F/32°C San Juan “85/12 37/2 pe 61/16 35/1 pe
FIC FIC FIC F/C FC FIC FC FIC FC FIC FC FIC = 76° F/24°C San Salvador 84/28 72/22 t 88/31 72/22 t
Albuquerque 92/33 64/17 pe 92/33 66/18 pc Indianapolis 88/31 64/17 -s 90/32: 67/19 s Philadelphia 72/22 60/15 pc 84/28 64/17. pc : ROO D “ NS ss Santiago _ = 573° 43/6 pe. 57/13 39/3 pc
Anchorage 70/21 52/11. pc 70/21 52/11 pc Jacksonville + 86/30 66/18 t 88/31 69/20 pc Phoenix 110/43 81/27 s 107/41 80/26 s CROOKEDISLAND/ACKLINS — a eee ee ge es ve oe ;
Atlanta 81/27 64/17 t 85/29 6417 pc — Kansas City 89/31 67/19 po 88/31 68/20 t _—Pittsburgh 78/25 56/13 pc 85/29 56/13 s RAGGED ISLAND Paulo 78/25 S7/13 s 70/21 57/13 pe eo
Atlantic City 65/18 57/13 pc 81/27 63/17 pc Las Vegas 107/41 79/26 s 105/40 79/26 s Portland, OR 72/22 54/12 pe 70/21 52/11 pc High: 88° F/31°C Sere eRee Sema sepia
Baltimore ,. 72/22 58/14 pce 83/28 62/16 pc Little Rock 88/31 68/20 pce 89/31 67/19 — pc. Raleigh-Durham 77/25 59/15 t 85/29 64/417 + Lw71°F/22°C ai om ane a Sy s : 17 rire r
Boston 68/20 54/12 pc 77/25 62/16 pc Los Angeles 81/27 63/17 pc 78/25 62/16 pc St. Louis 92/33 72/22 pc 93/33 72/22 s oo > aan ee Spacey
Buffalo 80/26 57/13 pe 80/26 62/16 pc Louisville 88/31 66/18 s 91/32 6447 s Salt Lake City 94/34 65/18 s 94/34 63/17 5s GREAT INAGUA Tokyo ee 79/26 67/19 sh 81/27 67/19 s
Charleston,SC 81/27 63/17 t 86/30 67/19 t Memphis 92/33 72/22 pce 93/33 72/22 s San Antonio 93/33 74/23 pce 90/32 73/22 ¢c High:91° °c Toronto pears 89/97 6I/16s 85/29. 62/16
Chicago 88/31 62/16 pc 89/31 66/18 s Miami 85/29 74/23 t 86/30 74/23 t San Diego 70/21. 62/16 pe 70/21 62/16 pe 9 ae ied Trinidad | 91/32 66/18 s 90/32 64/17 S
Cleveland 80/26 56/13 pc 86/30 61/16 s Minneapolis 90/32 69/20 pce 84/28 68/20 t San Francisco 72/22 55/12 pce 68/20 53/11 pe Low: 77 F/25° Vancouver =i; (Cti‘éC AND «(455/12 pc 64/17 53/1 c
Dallas 88/31 70/21 t 86/30 70/21 ¢t Nashville 88/31 65/18 pe 91/32 64/17 $s Seattle _ 67/19 52/11. pe 65/18 50/10 c¢ : eee Vienna 87/30 65/18 pc 75/23 59/15 t
Denver. 86/30 57/13 pce 91/32 59/15 pc New Orleans 88/31 71/21 t 90/32 72/22 s Tallahassee 90/32 68/20 t 93/33 68/20 pe - % Warsaw : “86/30 64/17 pc 79/26 59/15 pc
Defra a5 63/17 pc 88/31 66/18 pc New York 71/21 60/15 pe 84/28 68/20 pc ‘Tampa / 88/31 73/22 t © 88/31 73/22 tt Winnipeg =i (atsti‘ onolulu 75/23 pce 88/31 75/23 s Oklahoma City 85/29 67/19 t 84/28 66/18 t Tucson 105/40 74/23 s 102/38 74/23 s sn weuel S 3 7 e is
Houston 90/32 73/22 t 89/31 71/21 t Orlando 89/31 72/22 t 89/31 73/22 t Washington, DC 75/23 62/16. pc 84/28. 65/18 pg = ey ae eee. ee a pA Hie Hoe Ta ee Tetrece



PAGE 14B, FRIDAY, JUNE 15, 2007 THE TRIBUNE

TL LL ae
Government to reduce home down payments.

FROM page one

Other measures included
incentives for partnerships with
Bahamian property developers
to construct homes and rental
units throughout the Bahamas,
and make available loans

through the Bahamas Mortgage

Corporation to homeowners

and landlords for repair and.

renovation of their properties.
Mr Laing said the new gov-
ernment had introduced a new
programme to help the middle
class - the Self Starter pro-
gramme.
“$1 million is being provided

in the 2007-2008 Budget for the
introduction of a Self-Starter
programme to empower young
people seeking to establish or
expand small business,” he
added. “The Self-Starter pro-
gramme will include a Self-
Starter network online research
facility, business counselling and

direct training linkages to
NGOs, the BTVI and the Col-
lege of the Bahamas.”

Mr Laing said funding will
also be provided to aspiring
entrepreneurs to acquire tools
and supplies for the ventures.

He added that it was impor-
tant for the Bahamas to have

“an enlightened immigration
policy, which can be seen as a
partner in the development
process of the country, coupled
with a National Land Policy.

“The immigration policy
ought to be seen to be as a part-
ner in the development process,
and there should not exist a cir-
cumstance in which the nation-
als feel as if they are under
siege.

“Tn countries such as ours, we
don’t have a lot of natural assets
but we have a lot of crown land.
Any government interested in
preserving and protecting the
middle class will see use of that
asset as a critical catalyst to
ensuring that exactly that hap-
pens.”

However, despite these mea-
sures, Mr Laing said Bahamian
citizens have to have a stable
quality of life and feel they have
an input in the way they gov-
ern themselves.

Despite all the measures put
in place by the Government, Mr Zz
Laing warhed that economic B ZHIVARGO Laing ;

empowerment of Bahamians t

will not be fully realisied unless

there is private initiative, plan-
pede as



ning and execution.

He said there were a number
of government entities commit-
ted to protecting and promoting
economic empowerment,

including BAIC, the Bahamas
Development Bank and the
Government Guarantee Loan
programmes, which provide
funding for up to 80 per cent of
some projects, and the venture
capital fund.

ae a Tae lds ~

i ee ane a = j 1



Reka a i g aoe eae

FEATURING “THE QUEEN OF SOCA”

DESTRA WITH ATLANTIK

K.b. c





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

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



THE ITALIAN EATERY AT THE

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(JUST OFF TUCKER ROAD/THOMPSON BLVD.)

IS OFFERING AN INTRODUCTORY

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STARTING JUNE 11TH—AUGUST 25TH 2007

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Volume: 103 No.169



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i'm lovin’ it.

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BAHAMAS EDITION

FRIDAY, JUNE 15, 2007





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PRICE — 75¢







Member of legal team
believes documents
filed over Marco City

S By KARIN HERIG
Tribune Staff Reporter

THE PLP yesterday may
have started the process of con-
testing one of four seats in the
election court, and is expected
to commence with the other
cases sometime today.

Wayne Munroe, a member of
the PLP’s legal team in these
cases, told The Tribune yester-
day that he believes that the
necessary documenis to begin
contesting Marco City — the seat
currently held by Finance State
Minister Zhivargo Laing — were
filed with the Supreme Court
yesterday.

Documents needed to con-

MP questions
increases in
local govt
allocations

#@ By BRENT DEAN
Tribune Staff Reporter




MICAL MP Alfred Gray
questioned whether the
increases in local govern-
ment’s recurrent allocations
for the coming fiscal year are
designed to reward con-
stituencies that voted for the
FNM, while. providing sig-
nificantly less to those areas
that supported the PLP-—a
suggestion the Minister of
’ State for Finance, Zhivargo

SEE page 11











test the other seats - Golden
Isles, Sea Breeze and Blue Hills
— are expected to be filed today.
The PLP officially have three
more days, until Monday, June
18, to file their petitions to con-
test seats won by the FNM in
the May 2 general election.
“I’m made to understand
that the application for leave
regarding Marco City might
have been filed (yesterday), the
others may be filed (today),”
Mr Munroe said.
Explaining the procedure of
contesting constituencies in an
election court, Mr Munroe said

SEE page 11

Twenty-year-old
stabbed to death

THE country's murder rate
climbed to 39 last night when a

20-year-old man was stabbed to

death in the Fox Hill area.

According to police reports, the
20 year old was standing in front
of the Juju Tree Club on John-
son Road with three other men.

Around 6pm, the young man
suddenly fled the club on foot
with three men in pursuit.

"The group of men chased him
to Bartlett Street where they
caught him and stabbed him to

‘the left side of his chest," press

liaison officer Asst Supt Walter
Evans said.

The 20 year old was rushed to
Princess Margaret Hospital, but
was pronounced dead shortly after
arrival.

The three men were still at
large at presstime last night.

Police investigations into the
matter continue.

17 Pietes Chicken, 7 Large
contlMtS 6 Bincuite

SER a ete sae seg Le











ASSAU INNTD) 1BA\

@ PRIME MINISTER Hubert Ingraham (left) and Opposition Leader Perry Christie in the

House yesterday.

§ By BRENT DEAN
Tribune Staff Reporter

THERE will be further changes in the public
service at the permanent secretary level, Prime
Minister Ingraham said yesterday during the final
stage of the budget debate in the House of Assem-
bly.

His statement came after Opposition Leader
Perry Christie pressed him for details surrounding
the recent shuffle and reassignment of these pub-
lic servants.

Mr Christie asked the prime minister to inform

the House who the permanent secretaries were:



i KELLY’S DONATES — Kelly’s Home Centre, Marathon Mall, donated $20,500
yesterday to purchase a dialysis machine for the Princess Margaret Hospital’s dialysis
unit. Picture (left to right) Mr Barry Packington, financial controller of Kelly’ s; Sean
D. Moore, marketing manager, The Tribune; Mrs Nancy Kelly, executive vice presi-
dent of Kelly's and her husband, David Kelly, president of Kelly's.

(Photo: Tim Clarke/Tribune staff)

who had been transferred from ministries to the
cabinet office. He also wanted to know what the
responsibilities of those individuals would be.

Along with presenting the full list of perma-
nent secretaries, the prime minister told the House
that Creswell Sturrup, Dr Patricia Rodgers and
Jacqueline Murray are currently assigned to the
cabinet office, information that was made public to
the press over a week ago.

The prime minister said that although the pub-
lic service needs only one permanent secretary
for each ministry, remaining officers who have

SEE page 11







community,”
vice president of Kelly’s.
tunate as a business and gladly give back as a
matter of interest to the community that sup-
ports this business year-round."

SEE page 11

|

Ingraham:
support
for PLP
shrank in
election

@ By PAUL TURNQUEST
Tribune Staff Reporter

SUPPORT for the PLP
shrank in the May 2 general
election, allowing the FNM to
win with more than a 18,000
voter swing, Prime Minister
Hubert Ingraham told the
House of Assembly.

Mr Ingraham, who was mak-
ing his closing Budget contri-
bution yesterday, said that there

_ must be “no mistake” about it,

the PLP lost the election.

SEE page 10
‘End in sight’
for Morton
Salt dispute

@ By ALISON LOWE
Tribune Staff Reporter

AN END is in sight for the
Morton Salt industrial dispute
as Minister of Labour and Mar-
itime Affairs Dion Foulkes said
yesterday he thinks there could
well be agreement on the lat-
est "position" by next week.

Speaking with The Tribune
yesterday, Mr Foulkes said he is
confident that both camps will
look positively on the terms of

SEE page 11

Kelly's donates §20,500
to dialysis campaign

TO CELEBRATE its eightieth anniversary
Kelly’s Home Centre has donated $20,500 to the
Kidney Dialysis Cathpaign, which hopes to raise
$164,000 to provide eight much needed dialysis
machines for the Princess Margaret Hospital.

The $20,500 donation will provide the hos-
pital with a complete dialysis unit that will
include installation, training of staff, and one
year of technical support.

"At Kelly's, we believe in giving back to the
said Mrs Nancy Kelly, executive

“We've been very for-


PAGE 2, FRIDAY, JUNE 15, 2007 THE TRIBUNE

Programmes being
implemented to stop
shortage of nurses

@ By ASHLEY THOMPSON






























































THE Nurses Association of “We especially have a shortage
the Commonwealth of the of male nurses. Our com ity

Bahamas says there is a shortage

of nurses in the country. has a misconception where

Prescola Rolle, president, said

this is nothing new and the short- they consider male nurses to be

age has been going on for some
time. ”

Countries such as the United soft men.
States are known to attract nurs-



ing students from a number of Prescola Rolle, president of the Nurses Association

developing countries due to bet-

ter salaries, better opportunities, of the Commonwealth of the Bahamas

and by placing nurses in various :

training programmes quickly. must look for nurses available to nurses to become burnt-out.
The nursing shortage create’. work overtime and to take on To counteract this problem

difficulties where institutions double shifts. This causes some and continue having optimum

patient care, different pro-
grammes are now being imple-
mented in the Bahamas to per-
suade nurses to remain after they
finish training.

One is the male nursing initia-
tive programme.

Julian Munnings, the nursing
officer promoting this pro-
gramme, said the programme is
not running yet, but the objec-
tive is to inspire men in the coun-
try to get involved with nursing.

“We especially have a short-
age of male nurses,” said Ms
Rolle. “Our community has a
misconception where they con-
sider male nurses to be soft
men.”

She said this state of mind is
discouraging, especially as male
nurses are important to the pro-
fession. They have been seen to
have a great impact on patients
and, in fact, are often preferred
by female patients.

Incentives the government is
offering include post-basic cours-
es which include midwifery and
psychiatric courses.

In addition to these courses,
the government is creating more
opportunities to allow nurses to
expand into administration and
education.

Negotiations are also in place
to improve the cores and Benes

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sis
THE TRIBUNE

FRIDAY, JUNE 15, 2007, PAGE 3



© In brief

Man fined
after guilty
plea to drug
possession

A MAN, 36, of Pinewood
Gardens, was fined $4,000
after pleading guilty to pos-
session of cocaine.

Tyrone Newbold was
arraigned in magistrate’s
court yesterday.

It was alleged that New-
bold, on Wednesday, June
13, was found in possession
of a quantity of cocaine
which authorities believed
he intended to supply to
another.

According to the prosecu-
tion, Newbold was found in
possession of six grams of
cocaine.

Newbold, who was
arraigned before Magistrate
Susan Sylvester at Court 11,
Nassau Street, pleaded guilty
to simple possession and was
fined $4,000.

Failure to pay the fine
would result in a four-month
prison sentence.

Venezuela
weighing
purchase
of Russian
submarines

@ CARACAS, Venezuela

VENEZUELA is studying
buying Russian submarines that
would transform the South
American country into the top
naval force in the region, a mil-
itary adviser to President Hugo
Chavez said Thursday, accord-
ing to Associated Press.

Gen. Alberto Muller,
responding to a Russian news-
paper report that Chavez plans
__ to sign a deal for five diesel sub-
marines, said the government
is "analyzing the possibilities"
but that the money has not yet
been set aside.

Venezuela has already pur-
chased some US$3 billion worth
of arms from Russia, including
53 military helicopters, 100,000
Kalashnikov rifles, 24 SU-30
Sukhoi fighter jets and other
weapons.

Washington, which calls
Chavez a destabilizing threat to
the region, has voiced strong
concern about those deals.

The Russian business daily
Kommersant said Chavez
would sign an initial contract
for five Project 636 Kilo-class
diesel submarines during a trip
to Moscow starting June 29 with
the possibility of Russia sup-
plying four state-of-the-art Pro-
ject 677 Amur submarines later.

. Muller told The Associated
Press that those proposed pur-
chases would make Venezue-
la's navy the strongest in the
region.

"Venezuela is interested in
examining within a strategic
context the possibility that these
submarines fit our defense
plans," Muller said.

Muller said Venezuela's pri-
ority is to strengthen its navy,
which "is not of sufficient mag-
nitude to defend Venezuela's
coast and to ensure (the safe-
ty) of routes by which its
exports leave." Venezuela is the
world's eigth-largest oil
exporter.

Russia has also angered the
United States by selling
weapons to Syria and Iran and
any additional deals with
Venezuela would likely further
strain U.S.-Russian relations,
which are broadly seen as hav-
ing plunged to their lowest point
since the Cold War.

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

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



those charged

@ By ALISON LOWE
Tribune Staff Reporter

THE Attorney General's
Office has been called upon
to take "drastic measures"
to ensure persons charged
with murder are not granted
bail in light of escalating
crime rates.

With a backlog in the
courts "too many people
charged with murder are
being allowed to go free
before a trial date can be
set" with the result that
more murders are being
committed, according to
Families Against Murder
(FAM), a murder victims
advocacy group.

FAM claims it is the wide-
ly debated judicial backlog
that has created unique cir-
cumstances which would, for
the greater good of the
Bahamas, necessitate a
breaking away from the con-
stitutional requirement -
adhered to in many other
countries - that accused per-
sons must be permitted bail
if they cannot be tried with-
in "a reasonable period of
time."

The group believes this
should occur even if it
means innocent persons
accused of murder have to
incur long pre-trial deten-
tion periods prior to being
able to defend their name -
as the group say there are
more persons negatively
affected by the bailing of

Victims advocacy group asks
AG’s Office to take action



persons accused of murder
than there are innocent peo-
ple wrongly charged.

Yesterday, despite being
unable to give exact figures,
Assistant Commissioner
Ellison Greenslade con-
firmed that a "high percent-
age" of serious crimes are
indeed committed by bailed
persons.

The officer said he has
recently directed officers to
compile .data for the Com-
missioner to survey, adding
that the police chief could
be expected to speak on the
issue shortly.

The mother gave an emo-
tional statement to the press
in which she said she was
frustrated that so far no-one
has "heard the call" for a
review of the law that she
has been trumpeting for
over a year.

Ms Scott said: "I don't
deserve to live in fear. I
haven't done anything. No-
one here deserves to live in
fear.

“Our laws should be if
someone does something
against the law we should be
able to carry them through

_ the system.

“And when the system
fails you feel like you can
trust nobody. And that's

where I'm at right now."
Both she and Virgil Light-
bourne, another group mem-
ber, whose mother was mur-
dered in 2002, have urged
the public not to wait until it
is someone they know who



®@ ASSISTANT Commis-
sioner Ellison Greenslade con-
firmed that a ‘high percen-
tage’ of serious crimes are
indeed committed by bailed
persons

gets killed to join in their
call for a judicial review.
While action to speed up
the court system would
address the root of the prob-

Man killed in car

crash i is 21st traffic |

i ss

“fatality of the year |

m By NATARIO McKENZIE

A MAN in his late twenties was killed in a
car crash on Exuma on Wednesday night and
a second man was left seriously injured,

according to island police.

This latest traffic fatality is the country’ s

.21st for the year.

Chief Supt Willard Cunningham told The
Tribune yesterday that the incident took place
around 9.20pm Wednesday on Queen’s High-
way near the "fish fry" in George Town, Exu-

ma.

Reports indicate that two men in a white
1997 Nissan Maxima were travelling east when
the car hit a tree on the northern side of the

road.

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‘According to Chief Supt Cunningham, the

car was being driven by Delton Morley, 24, of

The Ferry, Exuma, who was accompanied by

Jermaine Moss, 28, of Grand Bahama.
Moss reportedly died at the scene of

the crash. Morley was airlifted to New

injuries.

Providence to be treated in hospital for his

The vehicle was extensively damaged.

Mr Cunningham would not speculate on
the cause of the crash but noted that police are
“exploring all avenues” in their investigation.

He expressed disappointment that the two

the time.

men were apparently not wearing seat-belts at

He noted that this was the first traffic fatal-

ity on Exuma in about three years.

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lem, this will take a while,
and meanwhile more imme-
diate action must be taken,
say the group.

People's constitutional
rights - to life, liberty and
security - are being violated
when those accused of mur-
der are allowed to go free
on bail, said Ms Scott.

Pastor Moss, an adviser to
Families Against Murder,
who has ministered to a

number of bereaved fami- ,

lies, said that while the
group is aware a change in

PIRATES OF THE CARISBEAK



the Act would not "stop all
murders", it would "go %
long way" in curbing the

number of retaliatory acts
committed by accused per-
sons who feel they have
"nothing to lose, and there-
fore act without remorse."

The group is looking to
meet with the Attorney
General, Clare Hepburn,
shortly to discuss their con-
cerns.

Messages left for Ms Hep-
burn yesterday were not
returned up to press time.



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PAGE 4, FRIDAY, JUNE 15, 2007.

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE



The Tribune Limited

NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI
Being Bound to Swear to The Dogmas of No Master

LEON E. H. DUPUCH, Publisher/Editor 1903-1914

SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G.,

(Hon.) LL.D., D.Litt.

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

TELEPHONES
Switchboard (News, Circulation and Advertising) 322-1986
Advertising Manager - (242) 502-2352

A look at press freedom in Bahamas

IN THIS column yesterday we told of the
international uproar caused when the PLP tried
to suppress free speech. The year was 1968 —
the PLP government’s second year in office.
It was the year that international editors took
off their rose-tinted glasses and for the first
time saw the PLP for what it really was. Up to
that point, as far as the foreign press was con-
cerned, the PLP could do no wrong. But from
that year on it was difficult for the PLP to do
anything right — they had critics aplenty.

On June 8 — a week ago — when PLP MP
Philip Davis advised the Howse"
punish a “biased” press, fi
40 years back to 1968.

Although The Tribune and its supporters
won that particular battle, the PLP never let the
. pressure off The Tribune. ..

In every way possible — especially behind
closed Immigration doors where for a number
of years they even denied a work permit to the
husband of the publisher of this newspaper —
they tried-to. close this mewspaper down. Of
course, they failed.

The year 1992 not only brought in the first
FNM government, but it had an amusing
sequel. It was the year Sir Lyriden Pindling
tried to project himself as the protector of a free
press. We still haven’t stopped laughing.

On March 29, 1993, under the heading “The
unmasking of an imposter,” part of what we

wrote is reprinted below:
eeee





“WERE IT LEFT to me to decide whether .

we should have a government without news-
papers, or newspapers without government, I
should not hesitate a moment to prefer the lat-
ter,’ wrote Thomas Jefferson in a letter to a
friend: -

Not so, Sir Lynden Pindling. Today, as
Opposition leader, he-is posturing in the
uncharacteristic role of champion of a “free
and vibrant press in the Bahamas.”

If Sir Lynden and his government had had
their way, they certainly would have rid them-
selves of The Tribune. They tried hard, but
they failed.

And when the battle was done, it was Sir Eti-
enne Dupuch, then editor of this newspaper,
and not Sir Lynden, who was the acknowl-
edged champion of press freedom.

In October, 1968 the Inter American Press
Association presented Sir Etienne with the
IAPA-Mergenthaler award “in recognition of
meritorious public service in defence of free-

_dom of the press... in his vigorous campaign
against a(PLP government). bill which was also

opposed by the IAPA because some of its ~

clauses restricted press freedom.”

“] have fought too long and too hard for
freedom of expression and [will not stand by
now as long as there is breath in my body and
see it abridged and not utter a word in protest,”
Sir Lynden told a PLP rally last week.

No, Sir Lynden, it was your government

to find | ways to”
“pages

that was always the oppressor of those pre-
cious freedoms. Ask the members of the former
Opposition, who struggled to be treated fairly
by the government-owned radio and television
station. All they wanted was equal time over
the airwaves to present a different point of
view.

If the voice of Carlton Francis, a former Pin-
dling Cabinet minister — about whose wasting,
dying figure Sir Lynden sneered that he could
see his “three-piece suit... but all you could see
was suit” — could be heard beyond the grave,
he would tell Bahamians what happens to a
person who dares to think or vote indepen-
dently of the “Chief.”

Even Prime Minister Hubert Ingraham, him-
self a former Pindling Cabinet minister, is a
prime witness to the persecution meted out to
anyone who dared express any idea contrary to
Sir Lynden.

If Mr Ingraham had not been determined to
be his own man, with the right to freedom of
thought and speech, he might still be in the
Pindling Cabinet, his free speech muzzled.
Instead he joined those of us who were deter-
mined to keep democracy and all its freedoms
alive in the Bahamas. And on August 19th last
year (1992) the forces of freedom beat back
25 years of oppression.

Sir Lynden told his followers that he had
“fought too long and too hard for freedom of
expression.” Maybe he should have also told
them whose freedom of expression he was fight-
ing for. Certainly it was for no one who dared
have a point of view at odds with his own.

And no institution was harder hit, or had a

tougher battle for survival with its freedoms .

intact than The Tribune.

After Mr Cyril Stevenson had retired from
Government —he headed Government Infor-
mation Services from 1970 to 1985 — he said
that while he was in office he received specific
instructions from the Prime Minister’s office
— and other ministries — that he was to delay
giving news releases to The Tribune, adding
that “some information was never made avail-
able to The Tribune.”

These instructions were right out of the office
of the man who today would have Bahamians
believe that he was the champion of free
expression. He is just lucky that The Tribune

_had the will to fight and the perseverance to
stay the course or today, in Opposition, he
would not be free to talk such foolishness.

“Another shocking example of news sup-
pression,” wrote Mr Stevenson for publication
in 1986, “has been demonstrated on so many

occasions by the (Pindling) government’s hos-
tile attitude towards The Tribune because of its
aggressive policy dealing honourably with its
readers by printing all the news, suppressing
nothing of importance whether or not such
news is highly critical of the government.or
whether it counters the beliefs or prejudices
of its owners.”



‘The greatest gift a father can give
his children is himself.”

SUNDAY SERVICES
7:00am, 9:00am, 11:15am

PASTOR EARLE FRANCIS J.P.,D.D.
Marriage Officer, Counsellor, Intercessor
Phone: 323-6452 © 393-5798
Fax: 326-4488/394-4819

The leadership
styles of Christie
and Ingraham

EDITOR, The Tribune.

IN THE Beautiful Book, St
Paul, in one of his letters to the
Philippians, wrote the following:
“He who has begun a good work
in you will bring it to comple-
tion.” With those words of St
Paul as the theme, I would like
to give some thoughts and
reflections on the recent elec-
tion campaign of 2007.

Before I do so, editor, please
allow me to make a brief com-
parison between the leadership
styles of the two leaders of the
major political parties; namely
the Rt Hon Hubert A Ingraham
(present Prime Minister) and the
Hon Perry G Christie (former
Prime Minister).

At the outset, let me say that I
have known both of these gen-
tlemen for more than 20 years.

Over the years, I grew to
respect them both for their polit-
ical beliefs and their integrity in
public life.

Twenty years ago to the year
both of these two good gentle-
men were in a fight for their
political lives, when they both
ran as Independents following
their ouster from the PLP, which
was headed at the time by the
late Sir Lynden Pindling. By
winning their seats, both sur-
vived the election campaign of
1987.

If J am not mistaken, the win
by Ingraham and Christie in
1987 marked the first time inde-
pendent candidates won their
seats during the Pindling years.

I believe that the Election
Campaign of 1987 established
both of these two fine Bahamian
sons as legitimate contenders to
the office of Prime Minister. At
the time, I remember telling
some of my taxi driver col-
leagues that Hubert Ingraham
would succeed Prime Minister
Pindling as the next Prime Min-
ister of our country. Most of
them did not believe me. How-
ever, one of the senior drivers
did agree with me. This driver
was taxi #51, the late Gladstone
Christie, the father of the now
former Prime Minister. Twenty
years ago, Mr Christie (taxi #51)
recognised our present Prime
Minister as in his words, “Prime
Minister material.” What was
most interesting was the fact that
he did not see the same potential
in his son. Later, after Hubert
Alexander Ingraham became
Prime Minister, Mr Christie (taxi
#51) would tell me why he did

not believe his son could become,

Prime Minister.

I said earlier that I wanted to
compare the leadership styles of
the Rt Hon Hubert A Ingraham
and the Hon Perry G Christie.

One can get an understand-
ing of the difference in leader-
ship styles of the two men by

TRUCKS



LETTERS

letters@triounemedia.net




taking a look at their political
conduct during the period from
1987-1992.

Following their successful
campaign in the 1987 election,
both of them were invited by the
late Sir Lynden to return to the
PLP.

While Christie elected to
accept, Ingraham opted to go in
another direction. In my opin-
ion, this was the defining
moment for these two men as
leaders.

The decisions: they made
established the type of leaders
they were to become. One

_sought to become a leader by

traditional means, while the oth-
er sought to become a leader on
his own terms. The timing was
right and the political climate of
the early 90’s was ripe for
change.

When the FNM approached
Hubert Ingraham to join their
party, he was able to pretty
much write his own ticket. He
joined as Deputy Leader, and
later became leader.

When the FNM won the gov-
ernment in 1992, Hubert
Alexander Ingraham was their
leader. Allow me now, to say
why the PLP lost and why the
FNM won the government in the
last elections.

As one who has come to know
the truth, I am very simple mind-
ed when it comes to the under-
standing of leadership.

The leadership of the PLP was
responsible for their defeat at
the polls. The Hon Perry G
Christie and the PLP lost the
recent elections because they
squandered the political capital
of the last 40 years by failing to
solidify their base which is made
up of taxi drivers and the work-
ers. Indeed, TUC President,
Obie Ferguson, made the obser-
vation that this was the first time
in recent memory that Labour
was not courted by the major
political parties.

In addition, there seemed to
be a lack of unity among PLP
candidates, which in my view,
caused confusion in the con-
stituencies. While the PLP
seemed unprepared to win the
elections, the Rt Hon Hubert
Ingraham and the FNM seemed
very much prepared to win.

Their campaign strategy was
focused. As leader, the Rt Hon
Hubert Ingraham simplified the
whole campaign issue by offer-
ing the electorate a choice of
leaders.

Did the voters want a shuf-
fling Prime Minister or a seri-
ous Prime Minister? At the end
of the day, the choice for the
serious voter was a no brainer.

In closing, I wish to congratu-
late the Rt Hon Hubert Ingra-
ham on his victory.

We in the PSDU wait to see
the completion of the good work
that was started when he was
first elected in 1992.

RICHARD JOHNSON Sr
Nassau,
May 18, 2007.

Relieved as Al Jarrett
leaves Bank of Bahamas

EDITOR, The Tribune.

I AM relieved to see that Al Jarrett was relieved of his position
at the Bank of The Bahamas. I am baffled as to why he felt it was
his duty to make the rounds on the radio stations promoting the for-
mer government’s propaganda and at, the same time neians: the

post of chairman at the bank.

At times it became almost unbelievable listening to this man spits
ting out the garbage on what a great party the PLP is and how great
the country was being managed. I submit that if this man were smart
he wouldn’t have allowed himself to be set up by Wendall Jones,

Steve McKinney and Jeff Lloyd.

_ Clearly Mr Jarrett ought to understand that he should have act-
ed neutral and keep his personal opinions to himself, while head-
ing a bank where the people of the Bahamas owns 51 per cent of the

shares.

In conclusion, I would imagine that he would again make the
radio rounds claiming that Prime Minister Ingraham has victimised

him.

PAT STRACHAN
Nassau,
June, 2007.








PUBLIC NOTICE
INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, PATRICE CECILIA
ANN COOPER the mother SYNDERA ONIQUE COOPER
intend to change the surname of my said daughter from
COOPER to McINTOSH. If there are any objections to
this change of name by Deed Poll, you may write such
objections to the Chief Passport Officer, PRO.Box N-742,
Nassau, Bahamas no later than thirty (80) days after the
date of publication of this notice.





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FRIDAY, JUNE 15, 2007, PA



Job fair is
planned for
construction
workers

BAHA Mar Development
Company is conducting a job
fair on June 18 and 19 from 8am
to 4pm in New Providence at
the Kendal G L Isaacs Gymna-
sium and on June 21 at the Fos-
ter B Pestaina Centre, Christ
the King Church in Freeport,
Grand Bahama.

The purpose of the job fair is
to register all eligible Bahamian
construction workers for the
Baha Mar project which is
expected to employ more than
5,000 construction workers.

As a result of the job fair
those registered will be posted
in a master database that is
made available to all contrac-
tors (local and international)
working on the project.

Both Baha Mar and the
Department of Labour will
have access to the database as it
relates to available resources
across the construction trades.

“We are very excited about
this job fair. This is a start in a
good direction for us in sécuring
the country’s finest construc-
tion workers to make our pro-
ject a shining example for the
Caribbean,” said Robert
“Sandy” Sands, vice-president
of the Baha Mar and Cable
Beach Resorts.

Mr Sands explained that per-
sons put in the database, not
only stand a chance of working
on the Baha Mar project, but
will also be called upon in the
future by the Department of
Labour.

“I think this is a wonderful
opportunity for our construc-
tion workers and | hope they
will all come out to our Job Fair
and take full advantage of it,”
he said.

Baha Mar is committed to
assisting all qualified Bahami-
ans in receiving an opportunity
to work on this massive con-
struction project upon com-
mencement, the company said.

Correction
over story’s
headline in
Tribune

A STORY appearing in the
June 14 edition of The Tribune
was incorrectly headlined
“Foulkes condemns Christie for
having part-time minister.”
Instead the headline should
have read: “Bethel condemns
Christie for having part-time
minister.” .

Puerto Rico
investigation
into doctors’

licences

@ PUERTO RICO
San Juan

AN investigation into irregu-
larities on Puerto Rico’s med-
ical licensing board suggests
dozens of doctors have acquired
their credentials through fraud,
a congressman said Tuesday,
according to Associated Press.

The House Health Commit-
tee last month began investi-
gating allegations that the med-
ical board altered the results of
low-scoring tests and awarded
licences to candidates who did
not qualify.

“What we have before us is a
clear picture of a group placing
our children’s and all Puerto
Ricans’ health at risk by sending
people into the medical field
who don’t meet the require-
ments of such an important pro-
fession,” said congressman
Gabriel Rodriguez Aguilo,
chairman of the committee.

The allegations surfaced dur-
ing an unrelated probe of med-
ical malpractice complaints in
the US Caribbean territory, and
the committee began holding
hearings a month ago to ques-
tion board members. So far, at
least three doctors have been
suspended, members said.

Health Secretary Rosa Perez,
testifying before the panel, said
the entire nine-member med-
ical board should be fired. The
members were nominated by
the island’s governor and
approved by the Senate.

Committee members said
they have confirmed at least 13
cases of fraud but have not
released details. Congressman
Rafael Garcia, a former Health
Committee member, said the
US Attorney’s office has opened
an investigation into another 27
cases, but a spokeswoman for
the federal prosecutor’s office
declined to comment.







of officer heading security

@ By BRENT DEAN
Tribune Staff Reporter

OPPOSITION Leader Per-
ry Christie lashed out in par-
liament at Prime Minister
Hubert Ingraham for remov-
ing Assistant Commissioner
Marvin Dames from his post
as officer in charge of airport
and port security.

Giving his budget contribu-
tion in the House of Assem-
bly on Wednesday, Mr Christie
charged that there was political
interference by the new FNM
government in Mr Dames’
move and the other recent
transfers within the police
force.

“T have noted with consid-
erable interest the recent trans-
fers of senior officers at the
Royal Bahamas Police Force.
These transfers have come

LOCAL NEWS.

immediately after major struc-
tural adjustments were made
to the force and officers
assigned to particular posts. It
has become patently obvious
to me that the new govern-
ment has decided to cause
these changes to be made.

“I must so conclude because
I was satisfied that the com-
missioner of police several
weeks ago had completed his
appointments, which — }
would have thought — would
not have been affected by a
change of government,” he
added.

Mr Christie said that the
decision to place Mr Dames in
his former post of port and air-
port security chief was an
“excellent” one.

He pointed out that a per-
son of Mr Dames’ expertise
is needed to safeguard the

gateways of the Bahamas —
especially in light of the
major expansion of the
Bahamian economy as a
result of the his governmen-
t’s anchor project policy, and
the new requirements for
security by the American
government after the Sep-
tember 11 attacks.

Referring to Mr Dames, the
PLP leader said: “I had the
opportunity to personally
speak with him on this issue
and anticipated that he would
have been allowed to perform
such a valuable service to the
country.”

The latest wave of police
transfers, which made Mr
Dames the head of the New
Providence district, comes two
months after major changes
were made to the upper and
middle management of the

‘Revolutionary advance’ set
for company registration

THE Registrar General’s
Department will soon imple-
ment a system that will rep-
resent a “revolutionary
advance” in the companies’
registration process, Minister
of State in the Ministry of
Legal Affairs Desmond Ban-
nister told the House of
Assembly during the budget
debate.

Mr Bannister said that the
Registrar General’s Depart-
ment has made “tremendous
strides in automation since the
automation project began in
the early 1990s under the first
FNM administration.”

Both the companies’ reg-
istry and the civil registry have
been automated in various
phases, he said.

The department will now
soon be testing and imple-
menting its ‘Process Improve-
ment Solution’.

Once tested and imple-
mented this system will be
involved in the electronic reg-
istration of company docu-
ments immediately upon sub-
mission, the state minister
said.

Mr Bannister explained that
registered agents will be
allowed to file documents
online. Once the document is
in the system, the Registrar
General will then be able to
electronically sign it.

This, he said, will reduce
the turnaround period for
incorporation of companies
and will produce a more effi-
cient companies system.

“Process improvement will
necessitate that a proper reor-
ganisation of the staff be
undertaken so that the best
talent is utilised in the most
effective areas. Measures will

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H DESMOND Bannister

also be taken to systemise and
improve the filing system for
companies,” Mr Bannister
added.

The Civil Registry Infor-
mation Systems (CRIS)
includes the births and deaths
registry, the marriage registry
and the deeds and documents
registry.

Births and deaths are cur-
rently registered electronically.

Mr Bannister said that the
registration of births process
will also “soon be made more
convenient for the public.”

“It is envisaged that the
Registrar General will estab-
lish in conjunction with the
Hospital’s Authority on-site
registration stations at the
Princess Margaret Hospital
with staff of the Registrar
General who will be able to
electronically register births
at the hospital, and thus facil-
itate members of the public
while they are still in the
maternity ward.

“A new mother will thus be
able to receive a birth certifi-
cate before she leaves the hos-







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pital,” he said.

Mr Bannister said that con-
sideration also will be given to
amending legislation to allow
for the Registrar General's
Freeport office to be given the
authority to register births in
Freeport “to rectify a growing
problem which exists in Grand
Bahama where many births and
deaths over the past decade are
not in the Registrar General's
central database.”

The Registrar General has
also provided computer equip-
ment to a number of adminis-
trator’s offices in the Family
Islands and has connected them
to the central system in Nassau,
the state minister said.

Further consideration, he
said, will soon be given to
amending legislation to allow
for administrators to be able to
issue certified copies of births.
deaths and marriages.

Rosetta



Re,
and purposes, the commission we?
er of police has superintendence “..
and control of the Royal =
Bahamas Police Force.
“However, we do not work
in a vacuum. When a govetH:
ment comes to power, a gov-
ernment promulgates its poli-
cies and its philosophies. When
a government demits office, cer- »
tain policies may fall away. The Ȣ-'
Royal Bahamas Police Force
cannot be in the business of
being so inflexible that it cannot ”
reflect the policies of a govern- ‘3,
ment,” Mr Hanna said. :

force under the Christie «dmin-
istration.

The change of direction, and
reversal of portfolio assign-
ments in some instances, have
raised concerns about the
autonomy of the Commissioner
of Police.

Chief Superintendent Hulan
Hanna, in announcing thé sec-
ond wave of transfers last week,
acknowledged that the will of
the executive sometimes influ-
ences the police force.

“T want to say to the Bahami-
an public, that for all intents














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PAGE 6, FRIDAY, JUNE 15, 2007

THE TRIBUNE



ee aS a ee
Straw market vendors may be moved

temporarily on Prince George Dock

@ By Bahamas Information
Services

RELIEF may be in sight for
downtown straw vendors, as
serious consideration is being
given by government to provide
temporary facilities for them at
Prince George Dock.

Giving his contribution to
the budget debate in parlia-
ment, Minister of Works and
Transport Earl Deveaux — who
has ministerial responsibility for
the Straw Market - said that his
government is proposing to
move the vendors in the very

near future.

Since fire destroyed the Bay
Street Straw Market on Sep-
tember 4, 2001, hundreds of
vendors were provided with
tent shelters on property adja-
cent to Vendue House, Bay
Street.

“We propose to move, after
consultation with the vendors,
the present market from its cur-
rent temporary, inadequate and
unacceptable tent.

“An option being put forward
is the relocation of the vendors
to the building on Prince
George Dock that had been

substantially renovated by the
previous FNM government at a
cost of some $2.5 million in
2001,” Minister Deveaux told
the House of Assembly.

Mr Deveaux maintained that
“the US authorities have no
issue with the market being
housed in this building provided
due diligence is done by the
approptiate Bahamian security
agencies.’

In the meantime, the $21.5

million contract awarded by the
PLP administration to
WOOSLEE Dominion to con-
struct the new Straw Market, has

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been suspended by the present
government pending review.

“My government will fully
consider all views and concerns
contributed by the vendors and
other stakeholders and make
an informed decision on the
interim market site and on the
location and construction of the
new Straw Market that will be
in the best interest and benefit
of all,” he said.

Mr Deveaux reminded par-
liamentarians that in 2002, a
design competition was held to
select the best proposal for
replacement of the Straw Mar-
ket. The competition was won
by architect Michael Foster of
Arconcepts.

Mr Foster assembled a team
consisting of structural engineer
George Cox and associates, and

mechanical and electrical engi-
neers from Pyramid Industries,
the minister said.

The team was joined by pro-
ject management and quantity
surveying consultants from
VERITAS Consultants in mid-
2006.

The design went through a
multi-year process of review,
revision and then finally,
approval, Mr Deveaux said.

“The Straw Market is intend-
ed to be built on an augured
pile foundation. Foundation
work will require de-watering
of the site in an environmental-
ly sensitive manner.

“Working conditions will be
very difficult as the building
occupies every square foot of
the property and the site is
bounded on three sides by

major thoroughfares. The build-
ing is not air-conditioned, how-
ever, a mechanical air circula-
tion system will be installed,”
the minister explained.

Mr Deveaux said that the
approved design by Mr Foster
envisions a Straw Market build-
ing with two storeys and an

-immediate mezzanine floor.

“Tt will house 572 vendors in
booths grouped in a ‘village’
concept. Each vendor’s booth
will be provided with electricity
and data ports which will enable
vendors to access banking facil-
ities allowing for credit card
transactions,” he said.

The actual construction of the
vendors’ booths is not a part of
this contract as the design has
not yet been formalised, he
added.

Youth Award winners hit the trail

WINNERS of the Governor-
General’s Youth Award
(GGYA) will participate in a

- special exploration of the Fam- _

ily Islands in a weekend trip
around the Bahamas.

On June 29, the m/v Captain
Moxey is scheduled to set sail
for five Bahamian Islands as
part of the GGYA 20th
anniversary celebrations.

Bronze, silver and gold par-
ticipants will get the opportu-
nity to explore, hike, bike,
snorkel and kayak on islands
such as the Berry Islands, Bimi-
ni, Abaco, Grand Bahama and
Andros.

The groups will spend one
day on Berry Island, Bimini and
Andros, and two days on Grand
Bahama and Abaco.

On arrival in Great Harbour
Cay in the Berry Isiands, par-
ticipants will spend one day
exploring places of interest such
as the Sugar Beach caves.

The stop on Bimini will
involve trekking from one end
of North Bimini to Pirates
Point.

On both Grand Bahama and
Abaco, participants will under-
take the longest hiking and



@ A GROUP goes on a bike training exercise

camping activities.

Gold participants will kayak
in the Lucayan National Park
and all sections will hike to the

‘lighthouse and Abaco’s Hole in ©

the Wall.

South Andros will be the
“entertainment island”, where a
talent show and a social gather-
ing will take place.

The GGYA is a self-devel-
opment programme available
to all young people worldwide.

It is an initiative designed to
equip them with life skills so
that they make a difference to
themselves and their communi-
ties.

To date over five million peo-
ple from over 100 countries
have participated in the pro-
grammes’ challenging activities.

There are. presently GGYA,

44 units in the Bahamas with
over 1,000 young adult partici-
pants.

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THE TRIBUNE



Former beauty
queen to run
as candidate
in Jamaica

g@ JAMAICA
Kingston

A TOP ruling party official
announced Tuesday that a
former Miss World will run
as a Jamaican farming dis-
trict’s parliamentary candi-
date regardless of the voiced
objections of hundreds of par-
ty supporters, according to
Associated Press.

In a brief statement, Don-
ald Buchanan, general secre-
tary of the People’s National
Party, said Kingston resident
Lisa Hanna was selected
ahead of four other con-
tenders to represent the par-
ty in southeast St. Ann, a rur-
al community 90 miles (144
kilometers) east of the capital.

Prime Minister Portia
Simpson Miller, the country’s
first female premier, recently
named Jamaica’s former Miss
World as the PNP’s best can-
didate for the district during
this year’s general elections.

About 500 people in south-
east St. Ann protested the
premier’s announcement,
arguing they should choose
their own candidate for the
seat being vacated by the
tourism minister.

Hanna won the Miss World
title in Sun City, South
Africa, at age 18 in 1993.

The 33-year-old Hanna,
who has not returned repeat-
ed calls for comment, also
served as the United Nations
goodwill ambassador for the
Caribbean island nation.

Police search
for missing
US resident in
Guyana

@ GUYANA
Georgetown

POLICE said they were
searching Tuesday for a U.S.
resident who failed to show
up for a flight to New York
and may have sold his green
card and passport during a
trip to his native Guyana,
according to Associated Press.

Tyrone Stewart, 25, missed
his flight Saturday from the
South American nation, and
another man, a Guyanese
deportee, arrived at John F.
Kennedy International Air-
port with his travel docu-
ments, Detective Heeralall
Makhanlall said.

Makhanilall said police are
investigating whether “the
young man might have sold
his green card and passport
and might well be still in
Guyana.”

He did not provide addi-
tional details, and officials at
the US Embassy said they
had no information about the
man caught posing as Stew-
art.

Travel documents from
North America and Europe
sell illegally for as much as
US$10,000 in impoverished
Guyana.

Stewart, who emigrated
from Guyana with his family
five years ago, had been
scheduled to return home to
Brooklyn after a two-week
vacation.

Police spokesman John
Sauers said his disappearance
was being handled as a miss-
ing person case.







POLICE are seeking four
Grand Bahama men for ques-
tioning in connection to several
murder cases.

One of the men police are
looking for is 24-year-old Ange-
lo Rahming.

He is estimated to weigh
about 150 Ibs at a height of 5°7”,
of slim build, light brown skin
and brown eyes.

He was born in Freeport and
his last known addresses were
Andros Town, Hanna Hill in
Eight Mile Rock and No 30
Young Husband Street in
Freeport.

Rahming is unemployed.

. The second man police are
seeking for questioning in rela-
tion to a murder is 32-year-old
Leon Rahming, also known as
‘Apache’.

He is 6ft in height, of slim
build with dark brown skin and
brown eyes.

LOCAL NEWS

0 In brief Men sought in connection with GB murders







M@ GEORGE Ferguson

An unusual peculiarity that
may be noticed is a grey patch
in his hair.

Born in Grand Bahama, his
last known address was 18D
Grenfell Avenue, Freeport,
Grand Bahama.

Also wanted for questioning





@ CARLO Jerve

in a murder case is 25-year-old
George Alexander Ferguson,
sometimes known as ‘Geo’.

He stands at 5’8” and is of
medium build with a dark
brown complexion and brown
eyes.

Born in Freeport, his last

FRIDAY, JUNE 15, 2007, PAGE /









@ LEON Rahming

known address is 40 Clarke
Avenue, Freeport, Grand
Bahama.

The fourth man sought by
police for questioning in con-
nection with a murder is Carlo
Gerve, also known as ‘Graves’.

Gerve is a Haitian male, 21





@ ANGELO Rahming

years old. He stands at 6’4”
and has a dark brown com-
plexion. He is employed as a
carpenter.

Gerve was born in Grand
Bahama and his last known
address was Pinders Point and
Hunters, Grand Bahama.



Hospital upgrades to

i By Bahamas Information
Services

REDEVELOPMENT of the
Princess Margaret Hospital and
the Rand Memorial Hospital
will be accelerated to address
“critical deficiencies” in the sys-
tem which currently prevent
timely access to quality health-
care, Health Minister Dr

Hubert Minnis told parliament

this week.

The redevelopment of the
two facilities, along with the
Sandilands Rehabilitation Cen-
tre, heads the list of infrastruc-
tural and_ technological
improvements planned for the
healthcare system in New Provy-
idence and the Family Islands.

Dr Minnis, in giving his con-
tribution to the budget debate,
said that the facilities are cur-
rently facing severe infrastruc-
tural constraints, overcrowding
and deterioration of the physi-
cal plant.

“These shortcomings, such as
the shortage of operating the-
atre facilities and inadequate
laboratory and pharmacy ser-
vices undermine public confi-
dence in our healthcare sys-
tem,” the minister said. ,

Dr Minnis further said that
his ministry will move forward
with the construction of new
polyclinics and mini-hospitals
in New Providence and the
Family Islands, upgrade exist-
ing facilities, and provide appro-
priate human, technological and
material resources to enhance
the delivery of community
health and public health ser-
vices.

“Funding for these major
capital initiatives will be pro-
vided through the National
Insurance Board’s health infra-
structure fund,” Dr Minnis said.

He further said that officials

_ at the Ministry of Health will

conduct a reassessment of the
infrastructure throughout the
primary healthcare sector in the
Bahamas over the course of fis-
cal year 2007/08.

Dr Minnis assured parliament
that this reassessment will
ensure that priority is given to
the immediate repairs to, or
construction of facilities to bring
them in line with the health
needs of the country, popula-
tion changes and economic
development in New Provi-
dence and the Family Islands.

The Minister said an evalua-
tion of the South Beach, Eliza-
beth Estates, Flamingo Gardens

. and Fleming Street polyclinics

in New Providence will be con-
ducted to provide for the expan-

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sion of diagnostic services such
as x-ray, ultrasound scan, and
laboratory services at the com-
munity level.
Additionally, he said, evalua-
tions of the Coconut Grove,
Anne’s Town and Fox Hill Clin-

ics will be conducted with a

view towards either repairing
or replacing those facilities.

He said that by December
2007, the Grand Cay Health
Centre will be completed as
well as renovations to the Mod-
ernistic Building on Wulff
Road, which will provide for
the permanent relocation of the
Suspected Child Abuse and
Neglect (SCAN) programme
along with the Adolescent

Health Centre and the food
handlers programme.

Dr Minnis said “immediate
attention” will also be given to:
the proposed repairs to the
Mangrove Cay Clinic to deter-
mine the feasibility of such
repairs or the need to construct
a new facility.

Priority, he said, will also be

WHAT ARE YOU MADE OF ?

be accelerated

given to existing plans to con-
struct mini-hospitals in Exuma,
Abaco and Eleuthera, as well
as to the construction of pro-
posed primary healthcare clinics
in Rock Sound and North
Eleuthera, North Long Island,
Sandy Point, Abaco, Smith’s
Bay, Cat Island and Mayagua-
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PAGE 8, FRIDAY, JUNE 15, 2007

THE TRIBUNE

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PETER HARDING, 47

of Sea Breeze Lane died at the
_ Princess Margaret Hospital on
Tuesday, June 12th, 2007.

He is survived by his wife,
. Pearlette Harding; father and
mother, Bruce and Una Harding;
five sisters & four brothers.

Funeral service will be .
announced later.



@ By DR D BRENT HARDT,
US Charge d’Affaires

WO months ago, the

international commu-
nity marked the 200th anniver-
sary of the 1807 abolition of
the Trans-Atlantic Slave
Trade.

Throughout schools in The
Bahamas, schoolchildren are
taught that William Wilber-
force’s efforts finally culmi-
nated in 1833 through the
Abolition of Slavery Act.

In the United States, Abra-
ham Lincoln abolished slav-
ery in 1862, though it took
three years of bloody warfare
to make it real. These are
important milestones in
human history that promised a
brighter future where respect
for the dignity of human
beings would be universal.

Today, sadly, the world is
witnessing a new version of
slavery. Once again, human
beings are being recruited,
transported, bought and sold
into forced labour or com-
mercial sex exploitation. Traf-
ficking in persons is the 21st
century version of human slav-
ery, and it is alive and thriving
in countries on every conti-
nent, including the United
States, and potentially The
Bahamas.

As unimaginable as it may



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seem, there are today mcure
than a million men, women
and children around the world
trapped in a vicious web of
exploitation from which they
cannot free themselves.

These victims of trafficking
see little of life before they see
the very worst of life - an
underground of brutality and
lonely fear.

People are trafficked for
many reasons: for prostitution
or exotic dancing, domestic
servitude, and forced labour
into construction, agriculture,
sweatshops, and factories.

When employers use the
threat of deportation, with-
holding of documents, or oth-
er coercion to exploit workers
to serve at lower wages, work
longer hours or endure dan-
gerous conditions, this consti-
tutes human trafficking.

Almost every country in the
world has a trafficking prob-
lem, and our 2007 Country
Report on Trafficking assesses
the extent of the problem in
165 countries.

The United States reports
in detail each year on our own
trafficking problems and our
efforts to meet the require-

‘YOUR SAY’



ments of our domestic anti-
trafficking legislation. Human
trafficking is a universal prob-
lem that requires a concerted
international response if we
are to eliminate this modern
day slavery.

Our just-released 2007
Country Report on Traffick-
ing in The Bahamas observes
that many migrants who may
arrive here voluntarily to work
as domestic servants, garden-
ers, or in construction, may
over time become subject to
labour exploitation.

H mployers may coerce
such migrants to

work long hours for no pay or.

below the minimum wage by
withholding documents or
threatening arrest and depor-
tation. Some commercial sex-
ual exploitation of women and
minors may also exist. All of
this is not to suggest that the
problem is widespread, but
that it is a problem with the
potential to become more
widespread.

The first step to addressing
this problem is a comprehen-
sive network of laws that make

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@ By DR D BRENT HARDT,
US Charge d’Affaires

human trafficking illegal. Oth-
er countries in the Caribbean
region, including Jamaica and
Guyana, have recently passed
anti-trafficking legislation.

Such legislation would pro-
vide specific protection for
trafficking. victims.

These are essential because
only with those protections
will victims feel comfortable
coming forward to identify
employers who may have vic-
timised them and to assist in
prosecution of traffickers.

Eliminating modern day
slavery requires openness to
international co-operation, a
recognition of the worldwide
dimensions of the problem,
and concerted action by all
governments across the globe.

Throughout the world, gov-
ernments, citizens and church-
es have awakened to this chal-

The number of prosecutions
of traffickers worldwide rose
again last year. Many coun-
tries have passed anti-traffick-
ing laws.

The United Nations has
developed a convention
against Trafficking, and many
nations have ratified it.

President Bush has made
combating trafficking in per-
sons one of his top interna-
tional priorities, and the Unit-
ed States provided over $75
million to support anti-traf-
ficking efforts worldwide in
2006.

‘We have already begun
working with the government

of the Bahamas to build

understanding and awareness
of this challenge by providing
training to law enforcement
officers and consulting with
immigration officials.

The development, passage
and enforcement of anti-traf-

ficking legislation would allow

The Bahamas to do its part in
eliminating this modern day
affront to human dignity.



Village Road Phone 393-5310
THE TRIBUNE

FRIDAY, JUNE 15, 2007, PAGE 9



Rane en eS eee ee ee ee eee
Japanese shipping firms
meet with new minister



@ LEFT to right Anthony McKinney, BMA chairman; Nachiko



Yamaguchi, general manager of Mitsui OSK Lines; Thelma
Beneby, permanent secretary in the Ministry of Maritime
Affairs; Dion Foulkes, Minister of Maritime Affairs and
Labour; Fumio Nakahata, manager of Kansai Electrical Power
Company; Yasuhiro Yashima, executive officer of Kansai
Electrical Power; Tomoyuki Sekine, director and managing
executive officer of Iino Kaiun at Kaisha (lino Lines), and
Captain Anthony Allens, Port Controller with the Bahamas Port

Department.

EXECUTIVES from three
major Japanese shipping com-
panies recently met with Mar-
itime Minister Dion Foulkes to
discuss matters of mutual inter-
est.

The Japanese businessmen
are visiting the Bahamas in an
effort to forge a closer work-
ing relationship with the

Bahamas Maritime Authority
(BMA), which manages the
Bahamas International Ship
Registry.

The Bahamas Ship Register
ranks third in the world. BMA
has a representative in Japan
and has launched a campaign
to increase the number of
Japanese ships on its registry.

Other islands

to get school

_ boards in
new policy

lâ„¢ By DENISE MAYCOCK
Tribune Freeport Reporter

FREEPORT - The govern-
ment will for the first time seek
to expand school boards to the
Family Islands, Minister of Edu-
cation Carl Bethel said during
his contribution to the budget
debate in the House of Assem-
bly.

School boards currently exist
in Grand Bahama and New
Providence, but none in any of
the Family Islands.

Mr Bethel said that school
boards will also be given
increased responsibilities.

However, he explained that
unfortunately there have been
no increases in the allocations
and grants made to school
boards in the budget for the
coming fiscal year.

He noted that as a step in the
right direction, the government
will, with immediate effect, stop
the practice of giving the Min-
istry of Education five per cent
of the funds earmarked for the
school boards.

“This year, for the first time,
school boards will receive all
the money allocated to them in
the budget,” said Mr Bethel.

Minister Bethel further said
that the Department of Educa-
tion has continued its education
reform efforts that seek to raise
standards, improve account-
ability, support initiatives, and
forge stronger partnerships to
better serve students.

‘“‘We are most pleased to reit-
erate the fact that included for
the first time in the education
budget, is a line item for the
newly conceived school quality
assurance programme, which is
receiving an initial amount of
$3.5 million.

“Our government is of the
view that this substantial level of
funding is needed to encourage,
at the school level, and promote
innovations in addressing activ-
ities for the enhancement of
indivjdual student performance,
as well as to generally create
improved schools,” he said.

Mr Bethel said that the
Department of Education is
also establishing, for the first

_time, the adolescence health
planning project which will
focus on finding appropriate
ways of addressing the issues of

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adolescent health.

He noted that $100,000 is ear-
marked for the project which
will go a long way in developing
a comprehensive set of plans
which will help the nation’s
youth make responsible choices
and engage in healthy lifestyles.

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Of our father

‘The Reverend Enoch Backford, Sr

1893-1976

“Just think of Sanding on the shore and fidine: it heaven,
Of touching a hand and finding it God’s,

Of breathing new air and finding it celestial,

a wale up in Glory, ye Home.”











ieht children was born 15th November, 1893 to the parentage

1's Cay, Long Island. His father and one brother William were

en he was just nine days old, his mother took the remainder
b near her relatives while rearing her children. :

“The Reversn
~ of the late Robert and Pat
_lost at sea just two mont
of the family to Si







He grew up in Simms, Long Islan attended the Beulah Union Baptist Church under the pastorate of the Le
Reverend Abraham Butler, Little did anyone expect the little boy who walked with a lantern before Reverend Daniel _
Wilshere while the latter rode on a horse, to eventually succeed the Reverend Wilshere as pastor of Salem and
Superintendent of the Bahamas Baptist Union. But at this early age, God was. familianizing ae on with the
reproducibilities which He had alte: y. eordained that he would later assume.

kn wledge, 4 d moved by his destiny, young Enoch, in his mid teens exhausted the
and left for Nassau where he could further his education. In Nassau, he attended —
School. He also availed himself of ev ery opportunity for private study.

e latter half of the decade, 1910 and in the 1920’s. For that reason,
States Army to serve in World War I. He was sent overseas, but even

t destiny of this young man. Before enlisting in the army he became
the Gospel. He was possessed by that call | throughout his military
my, he peenies i 2 Long Tsland to make known his call to family and















upon reaching manhood
as yomne in God’





friends of his call, once ¢ again he set out at upon! his quest for knowledge. This time he sought
nt assistance to war veterans to enroll j in Morehouse College. Unfortunately, the deadline

: whom five children were born « ‘Arthur (deceased), Lilymae, Noami, Ruth and
t home to be with the Lord, while the children were quiet ee However,













bile as in the e St Jobe s Baptist Church with Rev. J. W. Drake.
tist Union, and was ordained to the Sacred Ministry in
eacons Union i in 1926, However, instead of accepting
few months longer. On being oe





vale of of Salem as well as 5 Super en

was the following year, 1933,
ear, he accepted the position of
ide Bacon’, pe and encouraged


































After four years so b ng ther and another ti to his five childs en, he was joined i in marriage to the la
Russell in 1951. the years of their union, she worked tirelessly beside him in Salem and the.



Backford sought to cement the churches of the Union by formine ther

Early in his ministry, Re
r the Districts. These were in Andros, Bleuthera, Exuma, Long

- well as appointing Ministers to co
Providence, -



It was through the joint efforts
then Superintendent of St John’s A Cliches and Rev. Backford, Superistendnt
Union of Churches, along with the pastors of the two unit churches, that the Bahamas Bapti
Educational Convention was formed, assisted by the National Baptist Convention U.S.A.

~ during that year (1935) that the officers of the National Baptist Convention, U.S.A.
the first time:



Rey. Backford was the second President of the B Bahamas Baptist Missionary and Educationa
served faithfully and with iniegsity. for eleven years. He succeeded the late Rev. Caring













ptist Ed cation in The Bahamas, Rev. Backford went to America in the earl
Jordan, then Secretary of the Foreign Mission Board of the National Bapti

assistance from the Foreign Mission Board, to start a Bapist School.

ial Baptist School was organized. Before moving to Baillou Hill Roa

building used for “Girls Industrial School”. The School was named in

principal was Rev. William Albury. Rev Backford served as the first Che

d Peis without compensation and several times ee to save the choo)

Concerned abo
he met with the



ouraging the first four Bahamians to enroll in the Ainerican Baj
935. They were the late Rev. R. E. Cooper Sr, Salen Baptis
Rev. A. S. Colebrooke, St. Paui’s Baptist Church, Bias Street and Re\

: service, his influence has touched the Sunday Scioo! Publishing Board of the N
Baptist Convention, U.S.A. Inc., the Foreign Mission Board and the National Baptist Convention, US.
large. His name is also written in the annals of the Baptist World Alliance. Rev Backford’s forty-two years as pas
of Salem and forty-four years as Superintendent of the Bahamas Baptist Union of Churches is a convincing kenny
that God had predestined his ministry. a

He was a man of commitment and integrity, and served his God faithfully. He nevei sought fame or fonine
always took a stand for right and righteousness, regardless of the circumstances. even when he had to stand alone.
Like the apostle Paul, he struck to the fight when hardest hit. “He fought a good fight: he kept the faith and finished SS
his course with joy’. Le



_- The Baptists have honoured him in the U.S.A. as well as in The Bahamas; the Nassau Community bas honoured him
and Queen Elizabeth II has honoured him. However, on November 2, 1976 at 4:00am, he received the highest honour
man could ever receive; God crowned him with victory: “Well done thou good and faithful servant, enter into the -
joy of thy Lord.’

“Servant of God well done,

Praise be thy new employ;

_ And while internal ages run

a Rest in thy Saviour’s joy!”
Gone but not forgotten. He will always be loved and cherished.

_ Your children: Lilymae, Naomi, Ruth and Enoch along with your grand, great grand and great great grandchildren.

PAGE 10, FRIDAY, JUNE 15, 2097
Man wanted for questioning in
murder case is apprehended

mH By DENISE MAYCOCK
Tribune Freeport Reporter

FREEPORT - A 32-year-old man wanted for
questioning in a murder case was apprehended on
Wednesday evening by police in the Deadman’s

Reef area.

Chief Superintendent of Police Basil Rahming
said officers of the Central Detective Unit, acting
on information received, went to the Deadman’s
Reef settlement around 6.10pm and took a sus-

pect into custody.

The man is wanted for questioning in connec-
tion with the murder of Roslyn Louis, 20, of Hep-

burn Town, Eight Mile Rock.

Miss Louis, an employee at the ‘Keeping Babies
Until Two’ infant clothing store, at Bartlett Hill,
Eight Mile Rock, was found lying on the floor of
ie store in a pool of blood around 4pm on June

FROM page one

“We received 15,821 more
votes in 2007 than we did in
2002,” the prime minister said.
“The 68,624 citizens who cast
their votes in support of the
FNM this time outnumbered
the 64,648 votes received by the
PLP in their 2002 victory.

“There was an 18,070 voter
swing favouring the FNM in
2007. The PLP support shrank;
the FNM support increased. All
the noise about new elections
in 18 months is just that — noise;
hot air; wishful thinking!” he
exclaimed.

As the FNM failed to gain
more than 50 per cent of the
popular vote, critics attack the
administration, claiming that
the newly appointed govern-
ment has no “moral authority”
to govern as they do not repre-
sent the “majority” of the voting

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The young woman had suffered a severe wound

in stomach.

She was taken to the Rand Memorial Hospital,

June 12.

where she later died in the Intensive Care Unit on

Police believe that robbery was the motive for

the crime as preliminary investigations indicated

that there was a struggle between the victim and
the perpetrator.

Ms Louis’ death is the seventh homicide for
the year in Grand Bahama.

Supt Rahming said the man in custody is assist-

homicide.

ing police with their investigations into the recent

He is expected to be arraigned in

today.

the Freeport Magistrate’s Court at 10am

Police thanked members of the public and
the news media for their assistance in helping to

resolve the matter.

‘Ingraham: support for
PLP shrank in election

public. However, Mr Ingraham
said that such a foolish protes-
tation could not be valid as gov-
ernments throughout the world
only need to garner “the major-
ity” of votes to be elected.
“Members Opposite said sim-
ilar things about our victory in
1992,” Mr Ingraham said. “They

called us an ‘interim govern-

ment’ then.

“Yet, at the end of our first
term in office we were returned
to office by a far greater major-
ity than in 1992.

“For our second term we
received 57 per cent of the total
votes cast; won nine out of 10
Family Island seats; won all of
the Grand Bahama seats and
we won 19 of the 24 New Provy-
idence seats. That is what the
people did when governance
pleased them.

“In contrast, at the end of
their first term in office, those
opposite did not have their con-
tract renewed.

“Their loss at the polls came
as a direct result of the dissatis-
faction of the Bahamian peo-
ple with their performance in
office. The Bahamian people
were not satisfied in their

majority, with the service of the _

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PLP in government,” he said.

Mr Ingraham said that the
PLP can sulk and mope all they
want, or be as “bombastic and
uncooperative” as they like; but
when all is said and done, they
will still have to come to terms
with their fate of being the
Opposition — not the govern-
ment.

“The fact is that they are and
will remain the Opposition not
for 18 months but for five long
years. And then the Bahamian
people will decide anew who
next leads. Until then we will
go on serving; giving the best
of our service on behalf of all in
our land.

“Mr Speaker, my immediate
predecessor in office once said
he always wanted to be Prime
Minister. Not I. Such a lofty
thought could not and did not
enter my contemplation until I
was a grown man and people
put that thought into my head.

“T am here at the request and
determination of my party and
the Bahamian people. I pledge
to serve the people — all of the
people of the Bahamas for so
long as they would have me, or
for so long as I am able to do

so,” he said.



*e@@
¢

a, She PSs as
THE TRIBUNE FRIDAY, JUNE 15, 2007, PAGE 11



_.LOCAL NEWS

MP questions increases
in local govt allocations












@ MICAL MP
Alfred Gray speaks
in the House of
Assembly yesterday.

(Photo: Tim Clarke/
Tribune staff)



FROM page one is that island communities such was under harsh attack by Mr allocation increases for Bimini
; . as Acklins depend on local gov- Gray and the opposition, Mr — ($234,500); Black Point, Exu-
Laing strongly denied. ernment funds for “assistance” Laing also intervened, chal- ma ($87,500); =Exuma

During the third reading and
committal phase of the budget
debate yesterday, Mr Gray told
the House that his “soul

was not happy” with the “pat-.

tern” as laid out by the govern-
ment.

Mr Gray who raised this
objection in his budget commu-
nication, though not charging
at that time that it was politi-
cally motivated, used the exam-
ples of increases for FNM com-
munities such as Grand Cay,
Abaco ($77,200); Green Turtle
Cay, Abaco ($85,000); Spanish
Wells ($130,000); North
Eleuthera ($80,000); Long
Island ($207,500); and Marsh
Harbour ($434,500), as com-
pared to the increases for those
PLP represented communities
such as Acklins ($6,360);
Crooked Island and Long Cay
($7,320); and South Eleuthera
($19,824), as evidence of his
assertion.

What makes these allocation

even more unfair, Mr Gray said,

and “survival”, therefore their
need for these is far greater
than those islands that are more
prosperous and received much
larger increases.

Referring specifically to
Crooked Island and Long Cay,
Mr Gray pointed out that the
$7,320 increase cannot even
provide for the hire of one addi-
tional employee for these com-
munities.

“That’s an area where the
people almost depend on the
government and its allied ser-
vices for survival,” he said.

“Don’t give to some and not
to all,” Mr Gray added.

To these criticisms, the Min-
ister for Lands and Local Gov-
ernment, Sidney Collie, replied
that the amount awarded was
given based on the size of the
population, the level of eco-
nomic growth for the specific
community and the level of
direct investment currently
flowing into the area.

In defence of Mr Collie, who

lenging the validity of Mr
Gray’s claim that primarily
FNM constituencies received

Mr Laing said that recurrent

($134,500); and South Andros
($94,000), all represented by
PLPs, demonstrate that Mr
Gray is not correct.



Kelly’s donates $20,500
to dialysis campaign
FROM page one

Mrs. Kelly has a long history with the Princess Margaret Hos-'

pital, having been founding coordinator of its Volunteer Auxiliary,
better known as the "Candy Stripers." This group was formed in
early 1966 after the disaster of the ss Yarmouth Castle, which
sank in Bahamian waters with great loss of life in November, 1965.

The Princess Margaret Hospital is no stranger to the generosi-
ty of Kelly's, each year the business organizes four blood drives.
Every Kelly’s customer who donates a pint of blood during the dri-
ve wins a $200 gift certificate from the store. Additionally, every
child admitted to Princess Margaret over Easter receives an East-
er basket.

The dialysis campaign was launched by The Tile King, FYP
Ltd., The Tribune and its partner radio stations — 100 JAMZ,
COOL 96, JOY FM — and the Princess Margaret Foundation.

Persons interested in donating to the campaign should contact
Sean D. Moore, Tribune marketing manager, at 502-2394. All
donations should be in the form of a cheque made payable to the
Princess Margaret Hospital Foundation, with a note that the dona-
tion is to go to The Dialysis Machine Fund.

PLP ‘begins contesting seat’

FROM page one

that the first step is to make
an application for leave to a
file petition.

“Then you need the permis-
sion of a Supreme Court judge
to file it (the petition). Once
you get that leave then you file
that petition, then you serve it
and then the Chief Justice con-
venes a court himself or directs
another judge to convene a
court,” he said.

Mr Munroe said that a peti-
tion can be filed on the same
day that leave to do so is given
by a Supreme Court judge.

The seats most likely to be
contested are currently being
held by two FNM Cabinet
ministers and.by three minis-
ters of state.

According to the Parlia-
mentary Registrar Depart-

ment’s information, the FNM
won Blue Hills by 47 votes,
Golden Isles by 62, Sea Breeze
by 64 and Marco City by 47
votes.

Mr Munroe said that
although he is only dealing
with those four constituencies,
he understands from reports
in the media that the PLP may
also be contesting Pinewood.

The FNM’s Bryan Woodside
won that seat by 64 votes.

Mr Munroe in an earlier
interview said that he believes
it is possible that thousands, if
not tens of thousands of non-
citizens, may have voted in the
election, thus representing the
balance of power in many
seats.

In an election in which there
were multiple allegations of
voter fraud, he said, contest-
ing seats could be argued to
be a sovereign duty.

large increases.



More changes to come
in the public service

FROM page one

been assigned to the cabinet office will have
work assigned to them, and are likely to even-
tually be reassigned to other positions, main-
taining their seniority, in the public service
over time.

Mr Ingraham also used the occasion to
again criticise the former government for not
effectively using the talents of Missouri Sher-
man-Peters — who he did not identify by name.
Ms Peters has recently been transferred to

the Ministry of National Security.

The prime minister said that when he came
to office this permanent secretary and “tal-
ented” Bahamian had “nothing” to do under
the previous PLP government in the cabinet
office, before he reassigned her to the Ministry
of National Security.

The questions surrounding the transfers
and placement of permanent secretaries by
the leader of the opposition, relate to con-
cerns he raised in his budget communication.
Here, Mr Christie argued that the FNM gov-
ernment was creating a culture of “fear” and

insensitivity, in part, as a result of the handling
of staff in the public service.

“It now appears that:people who hold posi-
tions of authority can be removed or trans-
ferred regardless of their ability if they are
thought to be supportive of the other side,” he
said.

The former prime minister at this time
lamented that his “actions of decency and fair
play have now been undone in just six weeks.”

Prime Minister Ingraham has strongly
denied that any of these moves were acts of
victimisation.

DAVID YURMAN

‘End in sight’ for Morton Salt dispute
FROM page one

an agreement bashed out in a three hour meeting that afternoon.

Officials representing the company, including managing director
Glen Bannister and his attorney Oscar Johnson, and Bahamas
Industrial Manufacturers and Allied Workers Union, including
union counsel Obie Ferguson and president Wilfred Seymour,
met, with Mr Foulkes, at the Ministry of Labour.

The history of the dispute is a long and winding one. The union
has been without an industrial agreement since 2005. They were last
known to be demanding a 5 to 6 per cent basic salary raise for the
years 2007 to 2009. Morton Salt's latest publicised offer was an
increase of 3.75 per cent, attached to a 40-hour week productivity
bonus, which roughly equates to another two per cent.

Such a bonus would come into play if workers achieved a certain
harvested salt tonnage.

Workers have said they would like to see the increases attached
to their basic salary, instead of productivity.

The pay issues have been played out against a backdrop of
falling salt production at the Inagua plant. Unexpectedly heavy and
prolonged rainfall has been blamed by company officials as the basis
of gloomy predictions made earlier this month that the company will
likely produce less than half the 1.2 million tons of salt harvested in
2006.

A proposed cut in the work week, from three to five days, which
the company claims may be required in order to avoid redundan-
cies — a possibility which would likely bring the island's economy
and employment to a standstill — caused much upset at the plant
earlier this year.

It is believed that the latest round of negotiations also worked out
this issue, although persons who have been party to the talks have
been quiet about the exact details.

The negotiations resonate more strongly when considered in
light of the fact that Morton Salt is estimated to employ roughly 60
per cent of Inagua's population.

Dy g8l a Vn sore re

David Yurman Boutique, Bay Street, Nassau (242) 302-2878
° es Court at Atlantis * Marina: Village, Paradise Island
¢ Our Lucaya, Freeport, Grand Bahama
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THE TRIBUNE

PAGE 12, FRIDAY, JUNE 15, 2007

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THE BAHAMAS
INTERNATIONAL FILM
FESTIVAL Monthly Film
Series continues with the
showing of The Refugee All
Stars on Saturday at the
Hard Rock Café.

This feature length docu-
mentary film tells the
remarkable and ultimately
life-affirming story of Sierra
Leone’s Refugee All Stars -
a musical group formed by
refugees from Sierra Leone’s
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(AP Photo/Jim Cooper)

Public Notice

The Bahamas Co-operative League is
conducting a membership survey on
New Providence and Grand Bahama.

The purpose is to solicit views on how
to expand and/or improve the services
offered by credit unions so that the
League can plan the way forward.

Information obtained will be handled
in the strictest confidence. All
members are asked to participate in
this survey.

THE BAHAMAS CO-OPERATIVE LEAGUE

Russell Road

(Oakes Field across from COB campus— through
the corner of McDonald's— we're right next door)

302-0100




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THE TRIBUNE FRIDAY, JUNE 15, 2007, PAGE 13

THE TILE KING, FYP LTD, THE TRIBUNE,
EDWARD E. PATTON & ANNETTE ROLLE
have partnered to supply critically needed
DIALYSIS MACHINES
for the Princess Margaret Hosptial

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The number of patients that need dialysis is
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Each dialysis unit costs $20,500 complete
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made payable to The Princess Margaret.
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Machine

Your contribution will help hundreds of patients
that rely currently on these old machines for life.

Contact Sean D. Moore of The Tribune at
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to make a donation.

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va | : - ; : . - ny an | j Z Tu Vise. Uy VE OWHOYPH




PAGE 14, FRIDAY, JUNE 15, 2007

© THE TRIBUNE





2007

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from failure.

Tee
Graduation ceremonies

YOUNG MaANn’s VIEW

@ By ADRIAN GIBSON
ajbahama@ hotmail.com

“There are no secrets to suc-
cess. It is the result of prepara-
tion, hard work and learning

”

Colin Powell

LTHOUGH = the

Bahamas is presently
confronting social and educa-
tional ills, I was assured this
week - after attending the grad-
uation ceremonies of my alma
mater, North Long Island High
School (NLIHS) - that all is not
lost. ,

On Wednesday, I travelled
to Long Island to attend my
brother Shavado’s graduation,
and I was pleasantly surprised
to discover that of a class of 19
students, 17 of the graduating
seniors were males.

Even more praiseworthy was
the revelation that six of these
young men, (including Shava-
do) were graduating with hon-
ours while nine of the others
had attained a cumulative GPA
of 2.00 and above.

In an age when so many
young men are travelling a way-
ward path, it was a breath of
fresh air to see that these young
chaps were tenacious, driven to
succeed and looking to the hori-
zon - hopeful and eager (grad-
uation theme).

Generally, young Bahamian

males have a positive example
to follow here, as it is clear that
our female counterparts are vig-
orously pursuing their goals and
rapidly replacing males in
strategic positions, while a large
percentage of male graduates
are falling by the wayside,
smoking weed on the blocks
and settling for less.

Id particularly like to pub-
licly congratulate Shavado on
his achievements and express
my great pleasure in seeing my
little brother take the leap from
high school to university and
from teenager to young adult.

As summer approaches, the
Bahamian educational system
is Once again in ‘graduation
mode’. This year’s graduates
must realise that finishing high
school is a milestone and that

rear the.crossroad where
they"must now make responsi-

ADRIAN
ble decisions and face the world,
as their futures heavily depend
on the choices that they make.

These graduates should all
strive to become good citizens
of the world, setting positive
goals and high standards.

When facing challenges and
discouragement in their quest
for excellence, this year’s grad-

uating class must keep in mind

Ge BSC (N
off, leaving a dirt strip for
islanders to manoeuvre their
vehicles while dropping into
potholes at every point. Long
Island undoubtedly has become
the forgotten island, and I am
curious as to why MP Larry
Cartwright did not agitate for
more relief for islanders during
his first term.

Stella Maris International



“ When facing challenges and
discouragement in their quest for
excellence, this year’s graduating class
must keep in mind the saying that
eagles soar and do not hang around
with chickens that are afraid to fly.”

ES SP SEE

the saying that eagles soar and
do not hang around with chick-
ens that are afraid to fly.

It takes strength and true
determination to overcome peer
pressure - in the words of Beres
Hammond, “don’t watch the
crowd, their duty is to be loud.”
In the words of the great come-
dian Milton Berle, “If opportu-
nity doesn't knock, build a
door!”

Although my time was short
on Long Island (one day), I saw
first-hand that Long Island has
been overlooked in terms of
development and upgrades, and
in some parts, is in a state of
despair. Even though Long
Island produces some of the
brightest minds this country has
to offer, it remains in a stagnat-
ed, backward state.

_ Traversing the roads of Long

Island - particularly the settle-
ments of Simms and O’Neils - is
comparable to riding a rickety,
bumpy roller coaster.
__ The roads are in a sad state
of deterioration. In O’Neils and
Simms, the roads are unkempt
as bushes have crept on to the
thoroughfares and gaping pot-
holes are frequent.

Frankly, the roads are so
awful, even the tar has peeled

Lumber

Airport has yet to be repaired,
although it has been closed for
about a year. The new govern-
ment must move expeditiously
to reopen this international
gateway, which.serves as an eco-
nomic lifeline to so many Long
Islanders.

The dock at Simms should
also be addressed, as many
north Long Islanders are incon-
venienced and must travel
lengthy distances because the
dock is not dredged deep
enough or built wide enough to
receive the mailboat.

And why hasn’t Cable
Bahamas installed its cable TV
and internet services in the
north as yet?

There is also a need for a
Packing House in the north, as
the former Packing House is a
dilapidated, unoccupied and
rotting facility that now has
shrubs sprouting from it.

Farming is on the decline on
the island as many old-time
farmers have died or are too
old to manage their farms.
Farming has also gone down-
hill because initiatives to pro-
mote farming and encourage
youngsters to enter this hon-

SEE page 15
~~

THE TRIBUNE



as ae ee eee
show that all is not lost

FROM page 14

ourable field have not been
employed. Larry Cartwright,
the Minister of Agriculture,
must forthrightly set about
putting programmes in place to
encourage his constituents to
enter the agricultural arena
rather than shun it.

The economy of Long Island
is sluggish. What’s more, there
are no ‘anchor projects’ and no
indication has been given by
either government as it relates
to developing the island to give
it the economic boost that it
needs,

Howe: this is not to
say that there are no

opportunities on Long Island,
as there are opportunities for
growth that have yet to be
embraced - for example, there

are no lawyers, dentists, photo’

shops, private clinics and doc-
tors, certified computer engi-
neers and so on. Because I
know Long Islanders to be
industrious people. we must
broaden our horizons and
ignore the urge to clamour for
standard government jobs!

Melinda Pratt, principal of
NLIHS, says that there are no
activities designed for young
people,on the island. “There is a
need for a game room and
tutoring and youth centres that
kids can go to to complete their
homework, access the internet
and socialise - with supervi-
sion,” she said.

Mrs Pratt also expressed her
concern that “there is no
enforcement of the laws regu-
lating alcohol”. She claimed:
“When it comes to the sale of
alcohol here, no-one checks for
IDs. Everyone gives kids alco-
hol. There is a problem with
alcoholism to the point that
some people drink irresponsi-
bly. We must separate our kids
from alcohol, because kids need
to know that they can socialise
without alcohol.”

Among activities the princi-
pal proposes would be one cen-
tred on agriculture. Mrs Pratt
said: “I want to initiate an agri-
cultural facility to grow pigs,
vegetables and chickens. There
is a need for an agriculture
teacher here. Between our

school and the maritime min-
istry, We can also start a sailing
programme where students’ can
spend time sailing and building
character traits.” Maybe Mr

Cartwright can take a cue from
Mrs Pratt!
The government or national

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trust must also set about putting
protective measures in place to
secure the unique mangroves
and inimitable flora and fauna
of this picturesque island.
Indeed, it was nice to enjoy
fresh, unpolluted air again!
Congratulations graduates!



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PAGE 16, FRIDAY, JUNE 15, 2007 THE TRIBUNE







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FRIDAY, JUNE 15, 2007

SECTION



business@tribunemedia.net

Miami Herald Business, Stocks, Analysis, Wall Street






FAMILY
GUARDIAN

Insurance & Investments
to Build a Better Life’
Telephone 242-393-1023






-Manufacturer’s profits
fears on duty reduction

@ By NEIL HARTNELL
Tribune Business Editor

A BAHAMIAN manufac-
turer of aluminium windows
yesterday told The Tribune that
the Government’s plan to
reduce customs duty rates on
rival imports from 35 per cent to
25 per cent would “make it very
difficult for us to be profitable”,
and had “thrown a spoke in the
wheel” of its expansion plans
that could employ a further 20
Bahamians.

Andrew Rogers, owner of
Bahamas Aluminium Manufac-
turing, said of the planned duty
reduction: “There’s no doubt
about it. With the 35 per cent
duty it’s difficult for us to com-
pete, but wecandoit. |

“If they reduce it to 25 per
cent, it’s going to really inter-
fere with the small, minimal
margins we have to work with.
It’s going to be very difficult for
us to be profitable.”

The Government, in its Bud-
get presentation, said it planned
to reduce customs duties on
imported doors and windows

BORCO sale ‘watched

¢ Bahamas Aluminium Manufacturing says 35%
to 25% tariff cut ‘throws a spoke in the wheel’ of
expansion plans to employ 20 more Bahamians,
which have already cost over $100k

¢ Firm ‘so far in it can’t go back’ on expansion,
with move seen as ‘slap in the face’

made of plastic and steel from
35 per cent to 25 per cent, bring-
ing it into line with the duty rate
imposed on the wooden ver-
sions.

But Mr Rogers said of the
decision: “In short, it makes it
more difficult to compete with
foreign manufacturers, because
they can bring the product in
more cheaply. It gives you less
of a margin to work with. The
margins are critical because we
are in a small country.”

The impact from the Gov-

ernment’s plans to reduce duty
on plastic and metal windows
imports was questioned in the
House of Assembly by opposi-
tion MP Dr Bernard Nottage,
who warned of the competitive
effect it would have on Mr
Rogers firm and its expansion
plans.

In response, Zhivargo Laing,
minister of state for finance,

said the Government was pro-,

jecting only a minimal loss of
revenue from the duty reduc-
tion, and the plan could be dis-

with great concerns’

@ By. NEIL HARTNELL
Tribune Business Editor

THE Grand Bahama Cham-
ber of Commerce’s president
yesterday told The Tribune that
the business community was
“watching with great concern”
the latest attempt to sell the
Bahamas Oil Refining Compa-
ny International (BORCO),
hoping that it would remain
open and that its eventual buy-
er would invest enough capital
to upgrade the facility.

Christopher Lowe said of the
sale, which was first revealed
by Tribune Business on
Wednesday this week: “It’s a
reminder that things are con-
stantly shifting on the world
stage, and we obviously need
-to see it remain open during this
process as it [BORCO] has
existing contracts to fill.

“We're watching it with great
concern, hoping that it remains
open in its current state, and
whoever buys it has capital to
invest.”

BORCO is the lastest
Freeport-based industrial asset
to be put up for sale, with
Mirant seeking to dispose of its
55.4 per cent stake in Grand

Government to |

Bahama Power Company to the
Japanese conglomerate,
Marubeni, and a deal said to be
in the offing for the former
Uniroyal plant.

When asked about the poten-
tial changes in industrial asset
ownership in Freeport, and its
wider implications for Grand
Bahama, Mr Lowe replied: “We
really need the powers that be
in Freeport - the Grand
Bahama Port Authority
(GBPA), Government and
licencees - to decide whether
Freeport is to have an industri-
al presence. I think it should,
because that was the original
intent.”

The Venezuelan state-owned
oil company, PDVSA, has put
BORCO, which has a 20 mil-
lion barrel storage capacity, up
for sale, with “just about every
big oil company going to take a
look” at it.

Sources yesterday told The
Tribune that this was about the
third or fourth time within the
last 10 years that PDVSA has
attempted to dispose of BOR-
CO, the company said to have

been last time seeking a price of

around $150 million in a process
that was handled by JP Morgan

reduce home
downpayments

@ By CARA BRENNEN-BETHEL

Tribune Businesss Reporter

THE Government is planning to reduce the downpayment on
government-guaranteed home mortgages to 5 per cent, it was
announced yesterday, as it bids to strengthen Bahamian home
ownership and bolster the middle class. :

Zhivargo Laing, minister of state for finance, told delegates
attending the 11th CEO Network: “In due course, we will reduce
the down payment required for government guaranteed home
mortgages to 5 per cent of the total cost, inclusive of utility con-
nection and other fees and charges.”

He said property and home ownership were a good means of eco-
nomic empowerment, and Bahamians can look forward to having
Crown Land made available to them at concessionary rates for

home construction and business.

This, Mr Laing said, was to facilitate the construction of 3,000
affordable homes by providing either fully serviced lots and/or

newly constructed houses.

SEE page

re







Chase, the investment bank.

It is thought that no pre-
vious offer met PDVSA’s
expectations on price or oth-
er terms and conditions, and :

’ this time the investment

banking arm of Citigroup,
the world’s largest financial
institution, has been hired to
handle the BORCO sales
process, which is understood
to be taking the form of an
open, transparent ‘beauty
contest’.

SEE page 10B



ety Y

Down pay!

Terms ur



“ AFFORDABLE!”

The terms you

cussed further in the Budget
debate and at the committee
stage in the House of Assem-
bly.

Meanwhile, Mr Rogers said
Bahamas Aluminium Manufac-
turing had spent $300,000 three-
and-a-half years ago to purchase
the awning windows line, which
he estimated 60-65 per cent of
Bahamian homes bought
because they provided 90 per
cent ventilation.

SEE page 6B



the ‘number one focus’

@ By NEIL HARTNELL
Tribune Business Editor

Getting the Contractors Bill
tabled and passed by Parlia-
ment will be “the number one
objective” for the newly-elected
Bahamian Contractors Associ-
ation’s (BCA) president and his
team, it was announced yester-
day, with the construction
industry in desperate need of
regulation.

Stephen Wrinkle, of Wrinkle
Development, told the BCA’s

2007 annual general meeting

_ “MORTGAGE APPROVED!”

: - The words you want to hear. :



expect to get.
low as 5%

Nassau 242 396 4040
Freeport 242 352 7233




New Association president says
‘regulating the industry is the number
one task’, with legislation proposing
construction firm licensing system to
protect public

Houses of Parliament. We will

(AGM): “The biggest thing we
do everything we can to get this

can do is get this legislation

passed. The number one objec- _ through.” :
tive of this administration is to
bring the Contractors Bill to the



SEE page 7B





- Wl FAMILY
GUARDIAN
INSURANCE
COMPANY


PAGE 2B, FRIDAY, JUNE 15, 2007

THE TRIBUNE





‘Keyword’ for e-commerce
is: ‘focus on your strengths’

W hether you are
new to e-com-

merce or an old hand at it,
deciding on the market or
niche to operate in will be cru-
cial to your success. In the
same way that you choose
your spouse, the choice of
your business area will require
some care and strategy. You
will spend many hours work-
ing in your business, so make
sure you are passionate about
what you will be doing, that
your business will challenge
you, and that you will be
excellent at doing it.

If your first instinct is to
research a particular market,
or product area, then you are
putting the horse before the
cart.

The first thing you need to'

do is to Focus on your
Strengths. Whenever you play
to your strengths, you are
going to find things easier to
pick up and do. So go back
and reread my previous col-
umn, What Business to Start,
for a refresher on playing to
your strengths. Rich Schefren,
a business coach and Internet
marketer, writes that you
. should try and start a business
where either the core skill
needed to win is a strength of
yours, or where your strengths
will allow you to disrupt the
entire competitive landscape.

| he second thing you
need to do is to

research Your Niche. There
are several ways in which you
can do this. One way is to go
to your bookstore and check
out the magazine section to
find ‘areas of interest where
there might be opportunities.

Google the various areas you, ,

are interested in. to.see what -:..

teow hot lH Rat aa soy?

the competition is doing, and
whether you can offer some-
thing that is of better value to
your customers. Also, go to
sites such as Amazon and
check what books have been
published in the areas that you
are interested in.

Another thing you can do
is to check the affiliate net-
works and directories. Go to
sites such as ClickBank, search
the products for sale and see if
the area you want to enter is
highly saturated or not.

The third thing you need to
do is Keyword Research if you
want your website to be high

| Business



important. For example, if you
bid for the keyword ‘parental
control e-mail’, and agree to



You will spend many hours
working in your business, so
make sure you are passionate
about what you will be doing,
that your business will chal-
lenge you, and that you will be
excellent at doing it.



up in the search engine rank-
ings. If you want visitors to
find your website, you will
need to build into your web
pages those critical keywords,
the search terms that people
use when they are searching
the Internet. Use sites such as
WordTracker, where you can
find the keywords that your
customers are using to search
for your type of product.

I: you want to advertise
online on sites such as

Google or Overture, your
sees

ah

ion of keywords will be |

pay Google 50 cents for every
click through when a customer
searches for that term, Google
will serve them the relevant
page and you will have an
advertising spot to the right
of it.

When the customer clicks
on your advert, and goes to

your website, Google then .

charges you for that click
through. So, to ensure you will
make a profit on your adver-
tising campaign, you will need
to research two further things:

You will need to check the

.demand for those keywords.
You can check how many

people are bidding for your
keywords by using sites such
as AdwordAnalyzer. If no
one is bidding, or the price for
those keywords is low, it could
mean those keywords won’t
bring traffic to your site, or
that there is not enough
potential business to make a
profit in that market.

You will need to establish
the cost of those keywords.
Using AdwordAnalyzer, you
can check what the bid prices
for those keywords are. If they
are too expensive, then it will
be difficult to make a profit.
For example, if you have a
product that has a $10 profit

to your site, only 2 per cent
buy your product, you will
have made a loss, as you spent
$50 advertising (100 visitors x
50 cents) to generate $20 prof-
it (2 products x $10).

I: this area is beyond you,
talk to your webmaster,

hosting company or SEO
companies for advice.

The fourth thing you need
to do is to Carry Out a Survey.
Carry out an offline or online
survey to determine if there is
a demand for your product. Go
to sites such as SurveyMonkey
and create your online surveys
where you can view your
responses online. You can also
upload your own e-mail lists
to send the survey to.

The fifth thing you need to
do is to Research The Prod-
uct. Look at other top-selling
products that are non-com-
peting, and review how they
have managed to be success-
ful. What is it about their
product that puts them ahead
of the competition? Is it the
features? Is it the benefits? Is
it customer service? Is it pric-



Remember, the Internet is
transparent, and if you are
reselling a product that is easi-
ly available for others to sell,
then you may be subj) to

price wars.



margin, and you pay Google
50 cents per visitor for a par-

> fala woe and_for.every .,
itt LOTS that, click oon

100’ visit

ing? Remember, the Internet |

is transparent, and if you are

reselling a product that is eas-
ily available for others to sell, ©

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able. as..an

then you may be subject to
price wars. Check eBay, as
that is where you will often
see the cheapest price for a
product. Then decide if you
can compete.

The sixth thing you need to
do is to Research the Sales
Process. As the market
becomes more and more com-
petitive, it’s becoming more

. and more difficult to make

money through online adver-
tising campaigns at the front
end. So, successful marketers
have looked at how to take
that customer. into a path by
selling them something at the
front end with at a slight loss,
and then up selling them, or
selling them something more
expensive, at the back end. If
you can figure out a way to
do this with your product,
then when keywords are bid
up you will still be in a posi-
tion to make money at the
back end.

Selecting your eMarket is a
crucial element of planning.
Get this right and you stand a
greater chance of not becom-
ing a business failure statistic.
So, in order to avoid the trap
of antipreneurship, make sure
you spend sufficient time on
this area, as it will pay large
dividends for your future busi-
ness success.

NB: This column is avail-
eBook at
www.antipreneurship.com.
Mark draws on 20 years of top
level business, marketing and
communications experience in
London and the Bahamas. He
is chief operating officer of
www.ezpzemail.com, current-
ly lives in Nassau, and can be
contacted at -markalex-
palmer@mac.com

© Mark Palmer. All rights

reserved

Special Reward for our ‘Most Senior’
Senior Account Holder! .
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at July 10, 2007, come in and convert your
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tH

.




THE MARKETS

STOCKS, MUTUAL FUNDS, 8B

DOW30 13,553.73 +7138 «Ak

S8P 500 —*1,522.97 +7.30. Aa

NASDAQ 2,599.41 +17.10 Ak

10-YRNOTE 5.23.02
-CRUDEOIL «67.65 +139

Stocks
rally as

wholesale

rise mild

BY MADLEN READ
Associated Press.

NEW YORK — _ wall Stieet s
surged again Thursday, launch- _
ing the Dow Jones industrial |

average to its best two-day |
advance since last July after

data showed that wholesale
inflation, excluding energy and —

food costs, is Heine ata gentle SS

pace.

the Labor. Department’s head-

line producer price index, _
which rose 0,9 percent in May

~ due to surging gasoline prices
a bigger increase than in
- April and higher than e ni
_ mists predicted.
Investors - oS were



ee couple th that started. oo.

_ the market last week, when the

yee on the benchmark ey i
sed :



. day. The market’s initial dismay

: ‘over rising bond yields and the



_ diminishing chance of a rate cut
~seems to have abated; with
em Treasury yields | appearing sta
ble, the market is more at ease
_ with the idea that the Fed pro
ably won’t lower rates this y

_ said Jay Suskind, head ‘trader at
Ryan Beck & Co.
-. The consumer price index,
ve:

‘an inflation.gauge that.
more closely watched
Fed than the PP
released Friday. ee

. The Dow rose 71.37, or. 0. 53
2 percent, to 13,553.72. The Dow





_ has risen 258 points over the _

' past two sessions, logging its.

~ largest two-day point § pan since a

July 18-19.

- The blue chip index i is , still 2

(122 points below the record ©
close it hit on June 4, but itis up

_ 287 points from 13,266.73 —the _

trough it tumbled to on June 7;

after rising yields started spook- a

: ing investors.

Broader stock. sndicaiors alsa. y
rose Thursday. The Standard & —

_ Poor’s 500 index advanced 7.30,

- or 0.48 percent, to 1,522.97, and _

_ the Nasdaq composite index





seat 0. 62 percent, Britain

- FTSE 100 added 1.38 percent,

Germany’s DAX index rose 2.19
percent, and France’s CAC-40
advanced 1.90 percent.
The dollar rose against other
_ major currencies, and. gold
* prices also climbed.

_ Crude oil prices jumped $1.39
to $67.65 a barrel on the New
York Mercantile Exchange,
buoying oil company stocks.
ExxonMobil Corp., Chevron
Corp. and ConocoPhillips all
rose more than i percent.

The Russell 2000 index of
smaller companies climbed 4.58,
or 0.55 percent, to 837.12.

Advancing issues outnum-
bered decliners by nearly 2 toi
on the New York Stock
Exchange, where consolidated
volume came to 2.80 billion
shares, down from 3.02 billion
Wednesday.

The market 1 was uneaced by : :





SS ‘Thursday to 5.23 percent Boat S
5:21: percent” late ‘Wednesday, oh
_ but stayed well below the peak

of 5.295 percent reached Tues-














: Bee chee or as 66 percent, to :

FRIDAY, JUNE 15, 2007

UNDERWRITERS

Investment

BY JOE BEL BRUNO

Associated Press

NEW YORK — Wall Street invest-
ment banks Goldman Sachs Group
and Bear Stearns on Thursday said
fiscal second-quarter profit was
squeezed by the nation’s mounting
home-loan defaults.

Both investment banks, among the
world’s largest underwriters of bonds
that back mortgage loans, said the
shakeout in the subprime sector con-
tinued to erode performance. The
industry has suffered this year as
delinquencies on U.S. loans to home-
buyers with poor credit have risen to
a four-year high.

Bear Stearns said its profit slid
10 percent, while Goldman mustered
only a1 percent increase. Top execu-
tives at both investment houses indi-
cated subprime woes aren’t spilling



BY ANNE D’INNOCENZIO
Associated Press

NEW YORK — Forget about the
$350 stilettos. Shoes with status
these days come with $1,000 price
| tags. And $600 handbags have
become so bourgeois. A-listers
don’t want to be seen with anything
costing less than $5,000.

It’s no secret that luxury sales
have been booming over the past
six years. But at a time when the
average American is grousing
about meager wage growth and
feeling strapped by a 30-cent spike
in the price of gas, splurging by the
wealthy has risen to gaudy propor-
tions as the super rich seek new
heights in pampering, price tags
and one-of-a-kind items that set
them apart.
| “There’s this insatiable appetite
for the most luxurious,” said Faith
Hope Consolo, chairman of Pru-
| dential Douglas Elliman’s retail
leasing sales division, who has
brought European designers
including Versace and Valentino to
the U.S. over the past two decades.

Luxury sales worldwide topped
$150 billion last year, of which
30 percent came from the U.S.,
where such sales have been
rebounding after taking a pause fol-
lowing the 2001 terrorist attacks,
according to Telsey Advisory
Group’s James Hurley.

While U.S. store executives say
that the weakening dollar has







|
|
i
i

RARITIES





3B

INTERNATIONAL EDITION



banks hurt by subprime shakeout

into other areas of the mortgage
industry, but that the worst may still
lay ahead.

“The subprime business continues
to be weak, we haven’t seen the bot-
tom of the market,” said Goldman
Chief Financial Officer David Viniar
in a call with reporters.

SHARES DROP

Investors, rattled by the pummel-
ing both banks took because of mort-
gage exposure, sent shares sharply
lower in midday trading. Goldman
fell $7.40, or 3.17 percent, to $226.24,
while Bear Stearns sank $2.27 to
$147.22.

By the end of trading, Goldman
shares dropped $7.89, or 3.4 percent,
to $225.75, while Bear Stearns shares
rose ll cents to $149.60.

Goldman, the world’s biggest

CONSUMER SPENDING



|. HIGH PRICED: As the average American struggles with meager wage growth and the rising price of |
gas, splurging by the wealthy has risen. Above, shoppers check out handbags on display at the
Bulgari store on Fifth Avenue in New York. Below, a $1 million gold necklace with sapphires and
diamonds is displayed at the same store.

Price tags go up as
the wealthy splurge





fueled a surge of tourists from Asia
and emerging countries like Russia,
whom experts say tend to go for
the bling, luxury stores don’t have
to just wait for foreigners. Sure,
investment bankers and Internet
entrepreneurs have kept luxury
sales booming, but the latest source
of new wealth are hedge fund man-
agers — the top 25 last year made
more than a combined $14 billion a
year, according to Institutional
Investor.

Experts believe luxury spending
— growing at double-digit rates for
many high-end purveyors — won’t
lose momentum.

investment bank, reported its slowest
profit growth in three quarters as its
key fixed-income business declined
24 percent. Though investment bank-
ing and asset management helped
fuel results during the quarter, the
Wall Street powerhouse still was
slammed by its mortgage exposure. |

Profit, after paying preferred divi-
dends, rose to $2.287 billion, or $4.93
per share, from $2.286 billion, or
$4.78 per share, a year earlier. Reve-
nue slipped to $10.18 billion from
$10.24 billion a year earlier.

Results still topped Wall Street
projections for earnings of $4.79 per
share on revenue of $10.16 billion,

according to analysts polled by.

Thomson Financial.
Investment banking revenue
climbed 13 percent to $1.72 billion,

and Viniar said the backlog of pend- _
| U.S. ECONOMY

‘Wholesale



PHOTOS BY MARK LENNIHAN/AP

Some social experts warn the
trend will only increase tensions
between the haves and have nots.

The over-the-top splurging is
happening at a time when the
income gap between the wealthy —
those making more than $350,000
— and everyone else is the widest
since the Depression Era: And
while the average American work-
er’s income increased 4.6 percent
in 2006, the wealthy have enjoyed
double-digit gains.

According to Carol Brodie, chief
luxury officer at CurtCo Media, the
publisher of the Robb Report, |
whose annual issue features the |
year’s best-of-the-best like a

!
|
|
|
|



$330,000 Mikimoto golden pearl
choker, the super rich don’t. want
just the expensive. What they are
looking for is the rarest item, some-
thing that is custom-made and the
best quality.

Montblanc recently sold a
$700,000-plus pen just a few days
after it showed up in the New York
store. The pen, adorned with
rubies, sapphires and diamonds,
took 15 months to handcraft.

Bulgari also reports that single |
purchases in the millions of dollars,
are becoming more common in the |
States. |

According to Kelly Bensimon, |
founding editor of Elle Accessories, |
“Whether it’s a handbag, shoe, or |
watch, the price of keeping up has |
gone up.” |

“EE SLE RS

ing deals is higher than record levels
seen at the height of the dot-com
boom in 2000. Goldman ranks among
the world’s biggest advisers on take-
overs.

PROFITS SLUMP

Bear Stearns, the second-biggest
U.S. underwriter of mortgage bonds,
said the 10 percent slump is the first
quarterly decline at the No. 5 U.S.
investment bank in two years.

The Wall Street brokerage said,
for purposes of calculating diluted
earnings per share, it reported a
profit for the three months ended
May 31 of $374.6 million, or $2.52 per
share, down from $558.2 million, or
$3.72 per share, a year ago. Excluding
an accounting charge, second-quarter
profit would have been $486 million,
or $3.40 per share.

inflation
higher
in May

BY MARTIN CRUTSINGER

Associated Press
WASHINGTON — The biggest

jump in gasoline prices in six months

helped push inflation at the whole-

’ gale level higher in May, although

inflation outside of energy remained
well-behaved.

Wholesale prices rose by 0.9 per-
cent last month, worse than the 0.6
percent advance analysts expected,
the Labor Departmert reported
Thursday. The price surge was led by

*~w10.2 percent jump in gasoline prices, ~ -

the biggest one-month increase since
last November.

However, food prices declined for
the first time in seven months and,
outside the volatile food and energy
sectors, core inflation posted a mod-
erate 0.2 percent increase. That was
slightly better than the 0.3 percent

’ advance analysts had anticipated.

Analysts believe the Federal
Reserve, which last moved rates a
year ago, will remain on hold for the
rest of the year. While that puts off
any possible rate cuts, it also means
the Fed won’t be raising rates either.
Fed Chairman Ben Bernanke and
other officials were expected to con-
tinue declaring they are more wor-
ried about the possibility of inflation
than that economic growth could
stall out.

“Given the tight labor market and
peppier economy, the Fed will con-
tinue to worry that this favorable
trend could come to an end,” said Sal
Guatieri, senior economist at BMO
Capital Markets.

In other economic news, the Labor
Department reported that claims for
unemployment benefits totaled
311,000 last week, unchanged from
the previous week. That was a better
outcome than the small rise in claims
analysts had expected and supported
the view that the job market has held
up remarkably well in the face of a
yearlong economic slowdown.

- Overall growth, as measured by
the gross domestic product, slowed
to a barely discernible rate of 0.6 per-
cent in the first three months of this
year, the weakest showing in more
than four years.

Analysts believe the economy is
now rebounding despite a longer-
than-expected slump in the housing
market. Many forecasters believe
growth in the current April-June
quarter will rebound to a more
respectable reading of around 3 per-
cent.

The 0.9 percent rise in the depart-

’ ment’s Producer Price Index marked

the fourth consecutive hefty increase
in this gauge, which measures cost
pressures before they reach the con-
sumer. Wholesale prices had risen by

| @.7 percent in April and were up by 1

percent in March and 1.3 percent in
February. |

However, the price pressures have
been largely contained to the energy
sector and there have been encourag-
ing signs that this year’s surge —
which pushed gasoline pump prices
to record highs — is beginning to
abate.

For May, energy prices jumped by
4.1 percent, reflecting big increases in
gasoline and liquefied petroleum gas.


e RETAIL



BUSINESS BRIEFS

FEATURE PHOTO SERVICE

RECALL: Counterfeit toothpaste may look like the real
Colgate toothpaste, above, but it may contain a
poisonous chemical used in antifreeze.

Fake toothpaste
recalled in four states

From Herald Wire Services os

Colgate-Palmolive (CL) said that 5-ounce tubes of coun-

terfeit toothpaste sold in discount stores in four states under

a Colgate label are being recalled because they may contain a

poisonous chemical.

A Food and Drug Administration official, Doug Arbesfeld,
said Wednesday that testing had found the chemical ina
product with the Colgate label, but said in the initial

announcement that the FDA was unsure whether it really was

Colgate or a counterfeit.

MS USA Trading, of North Bergen, N_J., the importer
involved in the initial recall announcement, said the tooth-

paste may contain diethylene glycol, a chemical found in anti-

freeze. The company said the toothpaste, imported from

South Africa, was sold in discount stores in New Jersey, New

York, Pennsylvania and Maryland. “Made in South Africa” is
printed on the box and includes Regular, Gel, Triple and

Herbal versions.

e ACQUISITION

BID FOR BOARD OF
TRADE IS RAISED

The parent of the Chi-
cago Mercantile
Exchange (CME) raised its
bid for the crosstown Board
of Trade for the second
time, hoping to trump the
rival ICE exchange for good
as a vote nears on whether

_to create an all-Chicago
powerhouse in the global
derivatives industry.

Three days after winning
approval from federal regu-
lators on the proposed
acquisition, Chicago Mer-
cantile Exchange Holdings
moved to seal it by offering
shareholders of CBOT
Holdings (BOT) $485 mil-
lion on top of the $10.2 bil-
lion already proposed.

e AUROMOTIVE

FORD: 27,000 WORKERS
TOOK BUYOUT OFFERS

About 27,000 U.S. hourly

_workers have left Ford (F)
under buyout or early retire-
ment offers, the automaker
said. Ford offered the pack-

_ ages last year to reduce its
work force to match lower
demand for its cars and
trucks.

Initially about 37,000
workers signed up for the
offers, but not all have left
the company, it said..: -

Ford has until September
to phase in the departures as
it closes plants under a
restructuring plan, and some *
of the workers could change
their minds and stay with
the company.

e MIDWEST

SHAREHOLDERS ELECT
CANDIDATES TO BOARD

Shareholders of Midwest
(MEH) elected three candi-
dates to the board of direc-
tors nominated by AirTran
(AAI), which has proposed
a buyout that Midwest has
opposed.

‘The regional carrier has
steadfastly rejected escalat-
ing offers from AirTran say-.
ing it would be more profit-
able alone.

But Midwest chairman
and chief executive officer
Timothy Hoeksema said the
board would allow AirTran
to make a presentation on its
latest offer.

4 6:35 p.m. Late
Stock Tk. psa close Chg. volume
iShR2K nya IWM 83.34 83.29 -.05 134569
ChartCm CHTR = 3.96 3.96 = 123492
SP Fnel XLF 37.52 37.52 74355
SPDR SPY 152.86 152.80 -.06 56778
Microsoft MSFT — 30.52 30.54 +02 55350
SunMicro SUNW 5.08 5.09 +01 (37101
Elan ELN 21.33 21.35 +02 30201
Cisco CSCO =. 26.83 26.84 +01 26246
PwShs QQQ QQQQ 4736 4736 * 26166
Intel INTC 23.23 23.21 -.02 25947
BkofAm BAC 50.08 50.07 -.01 24877
Amgen AMGN 58.23 * 22728

PwshDB 26.41 -.08

DBC
For up-to-date stock quotes, go to www.MiamiHerald.com and click on Business

~ LATE TRADING _

e LABOR

‘WAGES OUTPACE
INFLATION IN EU

Labor costs in the 13
nations that use the euro
rose 2.2 percent in the first
three months of 2007 com-
pared with a year ago, the
European Union’s statistics
agency said Thursday.

The Eurostat agency also

confirmed May inflation
held steady at 1.9 percent,

“signifying that wages are
now growing ahead of infla-

tion.
The wage part of total
hourly labor costs in the

first quarter climbed 2.3 per-
cent from the same period in
- 2007, Eurostat said.

Inflation rose by around
1.8 percent during the first
quarter.

e CHINA

STEEL EXPORTS JUMP
77 PERCENT IN MAY

China’s surging steel

|

|
{
{



'
i
|
t
t
I
i
i
i
!
i
i
|



exports, a source of growing

~ friction with its trade part-
ners, rose 77 percent in May

compared with a year ago,
according to government
figures reported Thursday.
Exports of rolled steel
totaled 6.2 million tons, the
official Xinhua News
Agency said, citing the cus-

toms agency. It saidthe May

export total was down 13.8
percent from April.

e VOLKSWAGEN

GERMAN EX-LAWMAKER
CONVICTED IN VW TRIAL

A former lawmaker who

served on the workers coun-

cil at automaker Volkswa-

gen (VLKAF.PK) wascon-

victed and fined for lying to
investigators looking into

claims that prostitutes were

hired with the company’s
money in Spain and South
Korea.

Hans-Juergen Uhl, who
resigned last month as a

member of the Social Demo-

crats, had confessed before
the trial started earlier this

for making false statements,

the Wolfsburg court ruled.

Uhl was charged in Janu-
ary with being an accessory

to breach of trust and with
giving false statements in

previous civil proceedings
against the German media.

4pm. 6:35 p.m.

Stock Thr. ‘kee chee Chg.

Comcasts CMCSA 27.52 27.52

NYSE Eur NYX 80.80 80.80

Oracle ORCL 19.64 19.64

SP Mid MDY 165.16 165.05 -.11

Pfizer PFE 26.39 26.38 -.01

WUpnHYn DNL 56.66 57.14 +.48

AdobeSy ADBE 43.96 43.55 -.41

FordM F 8.66 8.65 -.01
‘| eBay EBAY 31.61 31.61 -

AT&T Inc =—-T 40.56 40.50 -.06

ApldMatl AMAT = 19.42 19.42 =

Qualcom QCOM 42.62 42.62

|
|
month. He was fined $52,085
|
|

Late

volume

21140
20463
17251
16984
15266
15020
14814
13797
12705
12506
11275
11094









HOME OWNERS

INTERNATIONAL EDITION |

FRIDAY, JUNE 15, 2007 |4B

Private mortgage insurance gains favor

BY JEREMY HERRON
Associated Press

NEW YORK — Tales of
ballooning mortgage pay-
ments are scaring home buy-
ers straight.

After taking on risky adjust-
able-rate loans or multiple
mortgages to pay less upfront
during the housing boom, bor-
rowers with limited capital for
down payments are increas-
ingly opting for safer fixed-
rate mortgages backed by pri-
vate mortgage insurance.

Applications for private
mortgage insurance, or PMI,
rose 56 percent to 191,525 in
March from February, accord-
ing to the Mortgage Insurance
Companies of America, an
industry trade group. Volume
fell in April, but remained well
above rates from last year.

“The consumer is getting
more cautious and returning
to the tried and true fixed-rate
loan with insurance,” said
Susan Wachter, a real estate

|. professor at the Wharton

School of Business.

Private mortgage insurance
is typically required of a buyer
who wants a fixed-rate mort-
gage but has a down payment
of less than 20 percent. It costs
a fixed percentage of the total
loan, usually less than 1 per-
cent, and insures the lender
against default.

About $72.9 billion, or 11
percent, of the $680 billion in
new mortgages originated in
the first quarter were backed
by PMI, according to Inside
Mortgage Finance, a weekly
industry newsletter.

A SHIFT

That percentage is rising,
said Guy Cecala, the newslet-
ter’s publisher — and not just
because of consumer caution.

“I don’t want to give con-
sumers too much credit,” he
said. “The growth is also due
to the fact that there’s been a
shift away from ‘subprime’
mortgages toward conven-
tional ones.”



CONSUMERS

Bogus ingredient

BY JUSTIN PRITCHARD
Associated Press

LOS ANGELES — Ameri-
can consumers are being
ripped off and their health
possibly put at risk because of
bogus ingredients slipped into

‘imports ranging from tooth-

paste to dietary supplements.

Suppliers who substitute
cheaper ingredients for the
real thing seldom get busted
because the government and
private labs review few of the
products flooding in.

Recent bouts of bad ingre-
dients in pet food and tooth-
paste showed how suppliers
can fool the limited safety
checks.

Fad-driven supplements are
particularly vulnerable — a
rush of demand for a pill with
an expensive key ingredient
such as chondroitin can pre-
sent a quick-buck opportunity.
Much like anti-doping officials
tasked with ensuring that ath-
letes are clean, by the time sci-
entists spot how their tests are
being cheated, suppliers have
a new trick.

“People want low prices
and they want quick turn-
around time,” said Jana Hil-
dreth of the Analytical

INTERNET



bd

Research Collective, a group
of scientists advocating better
dietary supplement testing.
“And what’s the one thing you
cut? Well, quality control.”

Ingredient substitution is
not a priority of the U.S. Food
and Drug Administration,
unless officials conclude con-
sumers are being exposed to
harm. As a result, regulators
only take action after prob-
lems surface.

Such complications are
underreported. Companies
haven’t‘had to relay incidents
to federal regulators, though
new tracking requirements
begin in December.

Multiple private labs that
test supply quality have in
recent years found a hodge-
podge of pills lacking adver-
tised ingredients, including
chondroitin, saw palmetto, bil-
berry and coenzyme Q-10.
Each is relatively expensive
and many are supplied by
China, a country with a long
tradition of herbal remedies
and a history of poor food
safety.

The products are supposed
to help with joint pain, pros-
tate health, vision and the
heart, though federal law pro-

Lenders have curbed loans
to people with poor credit
after that category had a surge
in defaults and delinquencies.
To qualify for federal backing
from Freddie Mac and Fannie
Mae, loans must carry insur-
ance.

But during the housing
boom that ended nearly two
years ago, lenders were less
worried about defaults or fed-
eral guarantees, and offered a
host of options for borrowers
without a large down pay-
ment.

Many customers took on
loans that had low introduc-
tory payments that would
reset a few years later. With
home prices rising, owners
reasoned they could either sell
the property before the pay-
ment rose, or refinance at a
lower or fixed rate.

“People thought the system
was working for them, so why
pay more initially when prices
are rising?” Wharton’s Wach-
ter said.

hibits most claims that supple-
ments treat or cure illness.

That has hardly hampered
the industry. Last year, Ameri-
cans bought an estimated $1.4
billion worth of those four
supplements alone, an
increase of 28 percent over
four years, according to Nutri-
tion Business Journal.

An example of how unscru-
pulous suppliers can swoop in
to exploit a situation came
after hurricanes thrashed Flor-
ida in 2005, derailing saw pal-
metto production.

To fill the void, Asian sup-
pliers began hawking “Chinese
saw palmetto” for $60 per
pound. It was an obvious
scam: The saw palmetto plant
grows in the Southeast. The
extract being peddled was
based on palm oil, which is
worth less than $1 per pound
and which no one claims has
medicinal properties.

Despite the rip off, suppli-
ers were not held accountable.

James Neal-Kababick,
director of Oregon-based
Flora Research Laboratories,
said his firm routinely finds
supplements with problems.
One issue, he said, is anticipat-
ing what hot product will be

One of the most popular
tools was a “piggyback” loan.
In what is known as a 80-10-10
loan, borrowers took out a
mortgage for 80 percent of the
home, paid 10 percent in cash,
and then “piggybacked” a sec-
ond mortgage onto the first for
the remaining 10 percent. The
second mortgage typically had
higher interest at an adjustable
rate.

PIGGYBACK LOANS

With interest rates rising,
that second loan is becoming
more expensive. Demand for
piggyback loans fell to an esti-
mated 41 percent of the low
down-payment market in the
first quarter of 2007 from 54
percent in the year-ago period,
according to a report by
Wachter and Genworth Mort-
gage Insurance Corp.

With smarter consumers
and stingier lenders, PMI is,
virtually by necessity, in
vogue again. And that’s good
news for the industry.




RESEARCH:
Director James
Neal-Kababick
examines a
sample of :
dietary
supplements at
the Flora
Research
Laboratories in
Grants Pass,
Ore.

JEFF BARNARD/AP

s found in imports

doctored next.

“At some point, there’s
going to be a shortage, and
that’s when you’re going to see
the adulteration,” Neal-Kaba-
bick said.

“It can be dangerous or it
can just be a rip off.”

The dietary supplement
industry’s main trade groups
said ingredient substitution is
overhyped as a problem. They
cite powerful business incen-
tives to ensure products work
as advertised and don’t harm
anyone.

“Responsible companies
understand that they have a
relationship of trust with their
consumers,” said Steve Mister,
president and CEO of the
Council for Responsible
Nutrition.

Like Mister, other industry

‘officials allowed that some

unscrupulous firms make bad
products but said those are the
rare exception among the hun-
dreds of U.S. supplement mak-
ers.

Firms with a reputation for
quality say they invest in find-
ing reliable sources and even
then test all the supplies
because some batches will
inevitably be bad.

AT&T efforts to stem piracy raises concerns

BY GARY GENTILE
Associated Press

LOS ANGELES — In a
break with other Internet ser-
vice providers, AT&T will
work with Hollywood studios
and recording labels to devise
technology that identifies off-
shore content pirates who use
its network to upload illegal
copies of movies and music.

Although details remain
sketchy, the effort worries pri-
vacy advocates, who fear the
San Antonio-based company
could become a beat cop,
monitoring which websites
customers visit and what com-
puter files they share.

Technology officers from
several entertainment compa-
nies met June 5 in San Antonio
to discuss the effort, which
could take months and quite
possibly fail to produce a solu-

Legal questions include the privacy interests of
customers and legitimate distributions for
educational uses or works in the public

domain.

tion that would be technologi-
cally feasible and protect cus-
tomer privacy.

“It’s. daunting,” said James
W. Cicconi, AT&T’s senior
executive vice president of
external and legislative affairs.

“We're trying to see if we
can devise a technology that
can address the problem,” he
said. “Then we’ll have to
address the legal issues.”

Legal questions include the
privacy interests of customers
and legitimate distributions
for educational uses or works
in the public domain.

Cicconi said such issues
will not be ignored.

‘We're not trying to be an
enforcement agent against our
customers,” he said. “The
intent is to devise a network-
based approach to dealing
with this problem.”

In confirming the effort
Thursday, Cicconi acknowl-
edged that AT&T’s interests
have become more aligned
with content providers.

Like its telecommunica-
tions rival, Verizon, AT&T has
launched its own television
service to compete with cable

and satellite. The service has
increased companies’ depen-
dence on studios, which have
been pressing Internet service
providers to more aggres-
sively stem piracy.

“We've been considering
these issues of piracy, and we
do feel the interests of our
shareholders are aligned with
the interests of the content
community,” Cicconi said.

“We very much have a
stake, as they do, in trying to
stem illegal appropriation of
that content,” he said.

Cicconi said the effort is
primarily aimed at pirates who
set up operations in other
countries and upload massive
amounts of illegal files using
AT&T’s network. He said the
technology being developed
would not target those who
download those files.


THE TRIBUNE

FRIDAY, JUNE 15, 2007, PAGE 5B



Rinne SSeS |
Bahamians must

‘bring something
to the table’ when
joint venturing

@ By NEIL HARTNELL
Tribune Business Editors

BAHAMIAN contractors
who enter into joint ventures
with foreign counterparts to
help them participate in major
investment projects “must bring
something to the table”, the
outgoing Bahamian Contrac-
tors Association’s (BCA) chair-
man said yesterday, warning
that developers and the industry
would not tolerate “rubber
stamps”.

Terrance Knowles told the
BCA’s 2007 AGM that devel-
opers were encouraging
Bahamian construction compa-
nies to enter into joint ventures
with foreign contractors to
enable them to qualify for larg-

er projects which, due to financ- *

ing and resources constraints,
they would be unable to partic-
ipate in on their own.

But these joint ventures had
to be “legitimate, bona fide”
partnerships, Mr Knowles
explained, with the Bahamian
contractor heavily involved in
the work rather than acting as a
‘front’ or receiving a minor per-
centage of the profits.

During the Phase I and Phase ~

II Atlantis construction projects,
Mr Knowles said, “a lot of
Bahamian companies skimmed
1, 2, 3 per cent off the top by
signing paper, and had no
active, legitimate involvement
in the project”.

Reflecting on his two years
at the BCA’s helm, Mr Knowles
said the Association was suc-
cessful in getting the Govern-
ment to introduce legislation
mandating that foreign con-
tractors paid a bond equivalent
to 1 per cent of their business
licence fee upfront. This was

done to ensure the bond was
paid at the time business was
awarded, rather than when for-
eign contractors sought to
renew their business licence at
year-end.

Mr Knowles said the BCA
had found that many foreign
contractors had been reincor-
porating at year-end under a

different name, applying fora .

new business licence and paying
just a $10 fee.

“Those [non-Bahamian] con-
tractors are also unable to be
awarded more than one con-
tract at a time,” Mr Knowles
added. “Whether it is being
enforced is difficult to say.”

The BCA’s membership had
not increased during his tenure,
he said, and the Association had
also failed to establish Chapters
and attract members on the
Family Islands. Only 60 per cent
of the BCA’s current member-
ship was paid up to date.

Another disappointment,.

which Mr Knowles said he
hoped would be addressed by
the Ingraham administration,
was that the BCA was “unable
to convince” the former Christie
government to establish a Tech-
nical Committee, staffed by
contractors, engineers and
architects, to provide advice to
the Government when it was
negotiating with developers.

_ There was better news on the
BCA’s relations with Kerzner

- International and Baha Mar.

Aided by the Ministry of Finan-
cial Services and Investments,
the BCA had helped Bahamian
contractors to win substantial
work on the Atlantis Phase HI
project, and Baha Mar “has
assured us it intends to use qual-
ified Bahamian contractors as
much as possible” for its $2.4

billion Cable Beach develop-
ment.

Mr Knowles said the BCA
would use the arrangements
worked out for Phase III as “a
model” for future talks with the
likes of Baha Mar, plus the
developers behind the Ginn,
Albany and Royal Island pro-
jects.

The BCA had already talked
to Baha Mar and the Guana
Cay developers, although not
Ginn yet, “to ensure these
developers break out their pro-
jects into sizeable chunks that
Bahamian contractors can qual-
ify for and have a great oppor-
tunity to bid on”.

“On Albany, although we
have not met with them, they
have committed to some type

of arrangement where Bahami-

an contractors qualify for a
greater proportion of that pro-
ject, and some of the work let
out to tender indicates that will
be the case,” Mr Knowles said.

He added that Baha Mar said
it had created a database of
Bahamian contractors, and
when projects went out to ten-
der they would use submissions
by these firms to determine who
to send out requests for pro-
posal (RFPs) t0.

Mr Knowles said the Baha
Mar project, especially the
Commercial Village and road-
works, which had gone out to

‘tender three to four times

already, had been held up by
the developers’ need to nego-
tiate a supplemental Heads of
Agreement with the Govern-
ment.

“Some of the lands are not
yet transferred over to them,”
Mr Knowles said. “They are
unable to issue the award of
those contracts for.construc-

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PAGE 6B, FRIDAY, JUNE 15, 2007

2 UBS

UBS Trustees (Bahamas) Ltd., a leading international trust
company, is looking for a

New Business Officer

Responsibilities:
Review business established to ensure policies and
procedures are adhered to;
-Ability to vet tailor-made deeds;
Undertake the processing of new business ensuring
proper due diligence is in place and adherence to
policy and procedures;
Serve as signatory on assigned companies;
Handle research into and prepare responses to client
enquiries including responding to and preparing a
range cf correspondence;
Undertake the processing of New Business ensuring
proper due diligence Is in place;
Prepare proper minutes, resolutions, account opening
forms, share certificates and relevant checklists for
new accounts;
Liaise directly with clients, their professional advisers,
trust company agents, bankers, investment advisors,
etc. in respect of routine matters;
Review and maintain accuracy of static and processing
data;

Required Qualifications:

STEP designation;

5 years of trust administration experience;

5 years legal experience;

Good analytical skills;

Good knowledge of finance industry in general and
especially foundation business and fiduciary products;
Good interpersonal skills;

Computer literacy;

Interested persons should submit a full resume, to:

UBS Trustees (Bahamas) Ltd.
Human Resources

Re: New Business Officer
P.O. Box N-7757

Nassau, Bahamas

or

Re: New Business Officer



COMMONWEALTH OF THE BAHAMAS 2006
IN THE SUPREME COURT No.00229
Hquily Side
IN THE MATTER OF ALL THAT piece parcel or tract of
ke land containing 27. 508 acres,and .situate westward»
of the settlement of Port Howe in the Island of Cat Island
in the Commonwealth of the Bahamas
, ~ AND
IN THE MATTER of the Quieting Titles
— Act, 1959 .
AND
IN THE MATTER of the Petition of Rebecca Bain

Notice
NOTICE is hereby given that Rebecca Bain, of the

settlement of Bain Town in the Island of Cat Island, one of the
Islands of the Commonwealth of the Bahamas claims to be the

} Owner of the unincumbc :ed fee simple estate in possession of

the land hereinafter described that is to say:-

ALL THAT piece parcel or tract of land
containing Twenty-seven and Five hundred and Eight
hundredths(27.508)acres situate westwardly of the settlement
of Port Howe in the said Island of Cat Island being a portion
of a tract of land originally granted by the Crown to Samuel
Gambier which said piece parcel or tract of land is known
as and called “New Field” which said piece parcel or tract
of land is bounded on the NORTH by Queen’s Highway and
running thereon Two thousand Two hundred and Nineteen and
Twenty-nine hundredths (2,219.29) feet more or less on the
NORTHEAST by land now formerly the property of Cat Island
Deep South Association and running thereon One hundred and
Seventy-eight and Seventy-seven hundredths (178.77) feet
more or less on the SOUTH by the sea and running thereon
Two thousand Four hundred and Nineteen and Seventy-six
hundredths(2,419.76) feet more or less on the NORTHEAST
by the sea running thereon Four hundred and Twenty-two
and Six hundredths. (422.06) feet more or less and on WEST
by land now or formerly the property of N.J. Love and
running thereon Eight hundred and Ninety-two and Fifty-eight
hundredths (892.58) feet more or less and has made application
to the Supreme Court of the said Commonwealth of the Bahamas
under Section 3 of the Quieting Title Act, 1959 to have their title
to the said land investigated and the nature and extent thereof

y 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 the hours of 9:

¢ 30am to 4:30pm, Monday through Friday at:

1. The Registry of the
Street, Nassau, Bahamas.
2. The Chambers of Martin, Martin & Co.,
The Pond Plaza, (East Bay and Ernest Sts.)
Nassau, N.P., Bahamas
Notice Is Hereby Given that any person
having Dower or right to Dower or any Adverse Claim
or Claim not recognised in the Petition shall on or before
the 27th, day of July, A.D 2007, file in the Registry of the
Supreme Court and serve on the Petitioners or the undersigned, a
Statement of their claim in the prescribed form verified by an
affidavit to be filed therewith. Failure of any such person to file
and serve a Statement of the said Claim on or before the 27th
day of July, A.D.2007, will operate as a bar to such Claim

Supreme Court,

Dated this 4th day of June, A.D.,2007

Martin, Martin & Co.
Chambers:

The Pond Plaza,

East Bay and Ernest Streets,
Nassau,N.P., Bahamas

ATTORNEYS FOR THE PETITIONER

BUSINESS



THE TRIBUNE



Manufacturer’s profits
fears on duty reduction

FROM page one

This type of window, Mr
Rogers said, was especially pop-

ular with persons who did not’

have air conditioning or wanted
to minimise its use in order to
save electricity costs.

Bahamas Aluminium Manu-

- facturing, Mr Rogers said,

“manufactures these windows
from scratch”, importing raw
aluminium into the Bahamas

and then allowing its ‘stamping’

employees to press it into win-
dows. The only items that the
company did not manufacture
were the screws, rivets, screen
material, glass and the mecha-
nism that opens and closes the
window.

Mr Rogers said the duty cuts
would only benefit the multi-mil-
lion dollar Florida-based com-
panies, such as PGT and Yale



NOTICE

Orgin, that it had to compete
with, making their prices even
more competitive against his.
Awning windows made by
these firms, he said, were not
used in the US, and were only
retained for export to the
Bahamas and the Caribbean.
These Florida-based compa-
nies also faced much lower
operating and fixed costs, Mr

Rogers explained, because even,

though Bahamas Aluminium
Manufacturing had modern,
automated production equip-
ment, the US firms “commercial
kilowatt charge for electricity
is 10 per cent of what we pay”.

Bahamas Aluminium Manu
facturing’s predicament indi-
cates that the Government will
have to be more careful when
taking into account the wider

impact of customs duties reduc- ,,

tions on select items, as it poten-







NOTICE is hereby given that DERISSON NOEL OF PALM
BEACH, P.O. BOX N-4705, 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 15TH day of JUNE, 2007 to the Minister responsible
for Nationality and Citizenship, PO.Box N-7147, Nassau,
Bahamas.










5 NATURE INTE,
VOED

@nautilus



“nN, i)
Fy oat
s ney

£O with ga TRACE MIN

GENERAL WORKER NEEDED

| With knowledge in electrical
and plumbing <-->



Worker must be able to work a
12 hour shift.

Please contact us at:
1-(242)-377-0444-6 or
Fax resume to 1-(242)-377-0276.

Serious Inquires Only

on,
a Scotiatrust
VACANCY

Scotiatrust is inviting applications for the following
position:

Client Accounting Officer
Responsibilities include:

e Prompt and accurate preparation of financial
statements for trust, company and agency
accounts.

° To comply with and contribute to the maintenance
of effective internal controls relating to
accounting functions.

e Provide effective assistance to account
administrators.

Qualifications and skills required:

° Bachelor’s degree with a major in Accounting

¢ CPA or other similar qualifications would be an
assel

° Knowledge of accounting for trusts and related
structures

¢ Strong PC software skills

¢ Good analytical and communication skills

e Ability to work within given ume constraints

Interested persons should submit applications by
June 20, 2007 to:

Manager Operations
The Bank of Nova Scotia Trust
Company (Bahamas) Limited
P.O.Box N-3016
Nassau, Bahamas
Fax: 326-0991



tially deals another blow to the
already-fragile Bahamian light
manufacturing industry.

Mr Rogers told The Tribune
that the planned duty reduc-
tions had also interfered with
plans for Bahamas Aluminium
Manufacturing to expand into
producing single hung windows
and French doors that are con-
structed to impact-approved
standards in the Florida build-
ing code.

Bahamas Aluminium Manu-
facturing hoped “to be in pro-
duction in the next couple of
months” on the new products,
Mr Rogers saying the compa-
ny had already invested $70,000
in having them tested to ensure
they met the required stan-
dards. A further $120,000 had
also been invested in purchasing

_ the tools and equipment needed

to make them.

Yet the 10 per cent duty cut
had thrown Mr Rogers’ market
research and studies on the new
products out of line, as they had
been based on a 35 per cent tar-
iff applied to competing plastic
and steel window imports.

“It really has thrown a spoke
in our wheel. I am very con-
cerned about the impact of this
change, but I’m so far in I can’t
go back,” Mr Rogers said.
“They really need to think these
things through.

“It’s a slap in the face for us.
I really have second thoughts
as far as confidence in our gov-
ernment when it comes to local
industry.”

Bahamas Aluminium Manu-
facturing’s expansion plans
would involve the hiring of an
extra 20 employees, and the
possible creation of new plant at
the Soldier Road Industrial
Park, on land purchased from
the Bahamas Agricultural and
Industrial Corporation (BAIC).

Mr Rogers pointed out that
the 10 per cent duty cut was
probably equivalent to “1 per

cent on the bottom line”. Using
an example, Mr Rogers said

that in manufacturing business- ,
es, if 3 per cent flowed through ,

to the bottom line, the business
was doing well, with retail flow
through at about 6 per cent and
professional and commercial

ee

services enjoying considerably ;

more.

If the 10 per cent duty cut .

took away | per cent of the
company’s bottom line, it would
lose 1/3 of its profits.

Bahamas Aluminium Manu-
facturing’s awning windows are

used in all the Bahamian gov- ,

ernment’s low-cost homes, and
Mr Rogers said he had met with
the Ministry of Housing and

BAIC several times in a bid to .

get the company nominated and
specified as a local manufactur-

er of choice, but without suc- ,

cess.





of things we
think, say or do

1. Is it the TRUTH?

2.|s it FAIR to all
concerned?

3. Will it build
GOODWILL and
BETTER
FRIENDSHIPS?

4, Wiil it be
BENEFICIAL to
all concerned?

www.rotary.org



Notice is hereby given that the Twenty-seventh
(27th) Annual General Meeting of THE
PUBLIC WORKERS’ CO-OPERATIVE
CREDIT UNION LIMITED will be held at
The British Colonial Hilton Hotel, West Bay
Street, on Friday, June 22, 2007 commencing
at 6:30pm for the following purposes:

¢ To receive the report of The |
Board of Directors.

To receive the Audited
Accounts for 2006.

To elect members of The Board

of Directors.

To discuss and approve the
budget for 2008.

Criteria To Be Elected To The Board
Of Directors Of The Public Workers’
Co-operative Credit Union Limited

Member must have:

1. Been, previously, a member of the Board
of Directors; the Supervisory Committee
or the Education Committee or;

. Attended at least three (3), out of the last
five (5), Annual General Meetings.

All members are urged to attend.

Refreshments will be served!


THE TRIBUNE



Passing Contractors Bill
the ‘number one focus’

FROM page one

He added that the Bahamian
construction industry was in
desperate need of tighter, for-
mal regulation, given the wide-
spread building activity going
on across this nation’s islands.

The Bill, which would
require all Bahamian contrac-
tors seeking and contracting
for work with the public to be
licensed, aims to safeguard res-
idents and businesses from
shoddy workmanship per-
formed by unqualified, disrep-
utable companies that may be
proliferating as a result of the
heightened construction
demand. Their activities can
give the reputable construction
companies, who are in the
majority by far, a bad name.

Mr Wrinkle said: “Regulat-
ing the industry is the number
one task. It’s come to a point
where something has to be
done. There is too much work
going on, and no one knows
what’s being done.”

The Contractors Bill cur-
rently lies in the Attorney
General’s Office, which was
last known to be making the
amendments to its contents
and wording that were agreed
by industry and the Govern-
ment.

Once the Bill was finalised,
it would than have to go to the
Minister of Works, Earl
Deveaux, for approval. He
would then take it to Cabinet
to have it signed off, before it
was tabled in Parliament.

Mr Wrinkle said the new
BCA Executive Council was
hoping to meet with the Attor-
ney General’s Office, “possi-
bly next week”, to find out
how far the drafting process
had gone, with a view to the
Bill reaching Mr Deveaux as
soon as possible.

The BCA was also seeking a
meeting with Mr Deveaux
within the next seven to 10

days.
Terrance Knowles, the out-
going BCA _ chairman,

described the fact that the
Contractors Bill had not yet
reached Parliament as one of
the biggest disappointments of
his two-year tenure. *

He said the BCA had hoped
the Bill would have been
tabled before the May 2 gen-
eral election by the former
Christie administration, but it
did no happen.

“Where we are with this Bill,
I don’t know,” Mr Knowles

said. He added that under the
former PLP government, the
Ministry of Works and Public
Utilities had assigned a non-
government representative to
work with the BCA on draft-
ing the Bill, and following pro-
posals and counter-proposals,
final recommendations had
gone to the Attorney Gener-
al’s Office.

“It is our intention, with the
change of government, to
approach the Attorney Gen-
eral’s Office and see where we
are with this particular Bill,
and how soon it can be
brought forward,” Mr Knowles
said.

Mr Wrinkle added that the
Bill was “going to licence the
construction industry, so if a
contractor in the Bahamas
wants to contract for work with
a member of the public, they
will be in possession of a valid
licence”. ,

He explained that the Bill
proposed to create three tiers
of licensing, for small, medi-
um and large contractors.
There would also be spe-
cialised licences for the likes
of electrical firms and
plumbers.

“It protects the public from
unscrupulous contractors by
giving them an avenue of
recourse for faulty or shoddy
workmanship,” Mr Wrinkle
said.

However, he added that the
licensing system would also
give contractors “leverage”
based on the size, scale and
complexity of buildings and
structures they had built. The
licences would be based on this
criteria.

“It’s pretty simple, well
thought-out and designed.
There’s a place for everybady,”



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

If so, call us on 322-1986

| and share your story.

Abaco Markets Ltd. P.0. Box SS-6322 - Town Centre Mall,

Share your news

The Tribune wants to hear

Mr Wrinkle said. “There is a
clause to grandfather in peo-
ple in the industry. No Bahami-
an in the industry will be kept
out of the legislation.”

To be grandfathered in
under the Bill and obtain the
relevant licence, existing
Bahamian contractors would
have to show and demonstrate
to the BCA that they had com-
pleted the equivalent scope of
work.

“From there on, the intent
is to have a licensing exam,”
Mr Wrinkle said.

He added that the Bill would
also prevent foreign contrac-
tors from simply walking into
the Bahamas to do jobs that
Bahamian contractors can do.

“They will have to partner
with a licensed Bahamian con-
tractor of that level,” Mr Wrin-
kle said. Using the example of
Cavalier Construction’s build-
ing of Kerzner International’s
$80-$100 million Phase HJ con-
vention centre expansion, the
BCA president said that any
foreign contractor coming here
to do such a job would have
to partner with Cavalier under
the proposed legislation.

Mr Wrinkle said the BCA
also wanted the Ministry of
Works to publish a list of forth-
coming public contracts to
licensed Bahamian contractors,
rather than use a closed, non-
transparent process that result-
ed in contracts being awarded
to “cronies and generals”.

The BCA is also seeking to
partner more effectively with
real estate agents, architects
and engineers, and develop a
more effective way for its
members to learn what con-
struction jobs were coming up,
how they could get involved,
and who the contacts were.













ABACOM

2nd level,

FRIDAY, JUNE 15, 2007, PAGE 7B

BUGS a ES ea Ue

The Tech Prep Program is a series of courses designed to help
students develop their academic skills in the areas of Math
and English, before proceeding with their regular curricula
courses in the fall. j

Classes Begin: June 25, 2007

Classes End:

Registration:

eek

CCE LY a)

Blue Hill Road - Nassau, The. Bahamas - Te

August 3, 2007
Bahamian $50.00

International $150.00

2

I: 242.325.2122





REPORT TO SHAREHOLDERS

‘Jam pleased to report to you the results of our fist quarter of 2007 ~ a consecutive

ieee & prot for our Fonkery for the first time in almost 5 years.

We: are earn nnd resuits in Qt, 2007, in key areas of our continuing operations.

Operating profits. on continuing operations, before interest costs, are $529,000;
compared to $168,000 for the same period last year. After interest costs, those
operating profits are $238,000, compared to a loss of $215,000 for the same period
dast year. in addition, our group has posted a soli sales increase of 7. 1% and a 6.2%



dncrease in gross margin. Expenses also: continue to be well. managed — remaining

consistent with fast year at $5.7m while reducing as a percentage of sales to 27.7%

compared to 29.9% of sales in Q1, 2006. We have recorded a net profit for the quarter
~ of $766,000 compared to a loss of $1.847m for the same period of the previous year
which had included a restructuring charge of $1.5m. Included in the current quarter's
net profit is the $150,000 gain on the sale of our investment of BSL Holdings along
wih a $350,000 we back ofa restructuring provision that had been taken in 2006

relating fo Cost Right Turks.

: The first quarter of 2007 also brought to an end our divestment process, a major part
of our core market strategy, with the sale of the Company's BSL Holdings investment

and the sale of Cost Aight Turks. Proceeds from the sale of the BSL Holdings
investment were used to repay debt associated with investment. The proceeds of the
- gale of Cost Right Turks were used to repay the group's final Royal Bank of Canada

term debt on May 29, 2007, and the remaining balance wil be used to pay down our
corporate overdraft which increased due to the relocation of Cost Right Freeport.

With the completion of these transactions comes the elimination of our term debt

- which obviously also eliminates those debt-related costs which have had a significant

impact on our resources in recent years, We are emerging a smaller, more streamlined
company far better positioned fo focus on the other part of our core market strategy
which is enhancing the customers’ experience, increasing sales and increasing net

margin dollars in our core operations.

This core merket strategy is enabling us to build the platform for growth for our future

and We, as a result, are beginning to see positive results. The opening of our Cost Right

Freeport on the Mall with a special reception on April 30, 2007, reflects the way forward

with a project well executed and completed on time, and on budget. We have also begun

renovations to Cost Right Abaco to transform it into a full club model in keeping with the
group's solid performers Cost Right Nassau and the new Cost Right Freeport.

‘This first quarter of 2007 really embodies the transition from divestment and change

to a complete focus on our core market and on rebuilding the group's platform for

growth. However, we are very much aware there is still much work to be done and it
will be the realisation of our core market strategy and addressing the basics of our

business that represent the next stage In realising our retum to profitability. As we

remain committed to this process, we are also encouraged that we are progressing

well and expect that this progress wil transiate into consistent increases in shareholder

value for you moving forward. We thank you for your continued patience and your

feedback throughout this process.

oe

R Craig Symonette, CEO & Chairman
June 6, 2007



CONSOLIDATED BALANCE SHEET

(Expressed in Bahamian $000) (unaudited)

Assets $
Liabilities
Shareholders’ equity $

April 30, January 31,
2007 2007
27,785 29,232
19,313 21,626
8,472 7,606

CONSOLIDATED STATEMENT OF OPERATIONS



(B$000) (unaudited) 3 months ended 3 months ended
April 30, 2007 ~— April 30, 2006
Sales $ 20,591 19,225
Cost of sales 14,460 13,399
. Gross profit 6,131 5,826
Selling, general and administration (5,701) (5,743)
Other income 100 87
Net operating profit 530 170
Gain on disposa! of investment (note 4) 150
Pre-opening costs (note 5) (66)
Interest expense (81) (104)
Dividends on preference shares 210 (200)
Net profit/(loss) from continuing operations 323 (214)
Net profit/(loss) from discontinued operations 56 (133
Gain on disposal of subsidiary (note 1) 37
Restructuring charge 350 (1,500)
Net profit/(loss) for the period $ 766 (1,847)
Income/(loss) per share $0.048 (0.116)

CONSOLIDATED STATEMENT OF CASH FLOWS

(B$000) (unaudited)

Cash flows from operations
Net profit/(loss) for period

Net cash (used in)/provided by
operating activities

Net cash provided by/(used in)
investing activities
es

Net'cash used in financing activities

(Decrease)/incregge in cash

3 months ended 3 months ended

April 30,2007 April 30, 2006
| 766 (1,847)
(444) 1,144
(277 (150)
(2,688) (900)
(1,355) 94

"/PLANATORY NOTES TO CONSOLIDATED INTERIM ANANCIAL STATEMENTS
Three months ended April 30, 2007

1. DISCONTINUED OPERATIONS

41 April 30, 2007, the Company com-
pleted the sale of Cost Right Turks and
iis associated property _ for
$2,703,000 plus $211,000 repre-
sentiig the value of net current
assets. $2.5m of the proceeds were
received on closing and $200,000 will
be payable over 3 years. This note
earns interest of 8.5% per annum.
Assets of discontinued operations rep-
resent cash balances, while liabilities
of discontinued operations represent
closing costs of the sale transaction.

2. PREFERENCE SHARES

On March 31, 2007, the Company
informed the holders of the Class A
preference shares that it would be
making a redemption of $267,500 on
June 30, 2007. This represents a
partial payment on the redemption
due on December 31, 2007.

3. PROPERTY REVALUATION SURPLUS

As a result of the sale of the property
associated with Cost Right Turks, the
property revaluation surplus relating to
that property was transferred against
the accumulated deficit.

4, SALE OF INVESTMENT

On March 31, 2007, the Company
completed the sale of its investment in
BSL Holdings Limited for $2,650,000.
$2,500,000 of the proceeds were
used to repay the bank debt taken up
to finance the investment.

5, PRE-OPENING COSTS

Pre-opening costs represent costs
incurred in the relocation of Cost Right
Freeport from its former location on
Milton Street to The Mall, which were
not capital in nature.

fokanes technical ond Shoofnal bathie |


oe ce ee ey

PAGE 8B, FRIDAY, JUNE 15, 2007

THE TRIBUNE



LES

JEWELLERY SALES ASSOCIATES

Must be...
Honest, Reliable, Dedicated,
Professional, Energetic &
SELF MOTIVATED

Excellent $$$ Bonus Potential
BO YOU HAVE WHAT IT TAKES?

If the answer is YES then take the next step.
FAX RESUME TO 326-2824

ya



Ost Dy
WANTED

An established law firm requires the following:

| Two (2) Legal Secretaries with the following
| experience:

1) Three (3) years litigation experience and
2) Three (3) years commercial experience.

Applicants must be able to work on their own
initiative.

Please fax resumes to 393-4558.



Annual General Meeting

To: All members of The Bahama Islands Resorts &
Casinos Co-operative Credit Union (BIRCCCU) Ltd.
The Eugene Cooper Building, #9 Village Road.









Notice is hereby given that the Twenty-second (22nd)
Annual General Meeting of the Paradise Island Resort
& Casino Co-operative Credit Union Limited (Now
Bahama Islands Resorts & Casinos Co-operative Credit
Union Ltd.) will be held at the Credit Union’s premises,
#9 Village Road, Nassau, Bahamas on












Saturday, June 16th, 2007 commencing at 9:00a.m.
For the following purposes:

To receive the Report of the Board of Directors for 2006:

To receive the Audited Accounts for 2006

To take action on such matters as may come before the meeting.
To elect members of The Board of Directors

THERE WILL BE NO SECOND CALL MEETING AS
PER THE CO-OPERATIVE ACT 2005 SECTION 22



Linda Symonette
Secretary
May 2007



DH

Securit y : Previous Close Today’
Abaco Markets 1.18
Bahamas Property Fund
Bank of Bahamas 9.40
Benchmark é
Bahamas Waste 2.95
Fidelity Bank 1.30
Cable Bahamas
Colina Holdings 2. 15
Commonwealth Bank
Consolidated Water BDRs 5.17 7
Doctor's Hospital 2.40
Famguard 6.26
Finco 12.60
FirstCaribbean 14.50
Focol 17.30
Freeport Concrete 0.54
ICD Utilities 7.25
J. S. Johnson 9.50
i 10.00



ym
12.25 Bahamas Supermarkets
10.00 Caribbean Crossings (Pref)
Oo. 20 RND aie _.

a SOC onna COVERT 1
28. 00 ABDAB 41.00
14.00 Bahamas Supermarkets 14.60

0.35 RNG Idi — scisesieliatetitegssss OSES



NAV
1.342667"
3.2018*"*
2.681688**
1.244286""""

‘52wk- Low ‘Fund ‘Name_
1.2936 Colina Money Market Fund
2.9038 Fidelity Bahamas G & | Fund
2.3915 Colina MSI Preferred Fund
1.1695 Colina Bond Fund
VAs 0199 aa Prime Jncome Fund
: j INDEX: CLOSE 802.57
I BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00 MARKET TERMS YIELD -
S2wk-Hi
| S2wk-Low - Lowest closing price in last 52 weeks Ask $

- Highest closing price in last 52 weeks Bid S -

- Previous day's weighted price for daily volume

e - Current day's weighted price for daily volume
- Change in closing price from day to day EPSS
- Number of total shares traded today NAV -

W Change
J Daily Vol
DIV $ - Dividends per share paid in the last 12 months

W P/E - Closing price divided by the last 12 month earnings FINDE

DELITY 242-356

‘s Close

Fidelity Qver-the
A

15.60

43.00
15.50

_ BISX Listed
Â¥

- Selling price of Colina and fidelity

Legal Notice

NOTICE

BUBBLES GALORE LIMITED

(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on

the 13th day of June 2007. The Liquidator is Argosa
Corp. Inc., PRO.Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)

_I Veronica J. aT ‘Nassau East, The Bahamas have
made sworn eeeeiion that Life of Barbados policy No.
0102203 on my life has been lost and having made application
to us.to grant a duplication of the same. Notice is hereby
given that unless objection is raised within one month of the
date thereof, the duplicate policy asked el will be issued.

Dyer June 6, 2007
By Order: Althea Hazzard, errre Secretary

NOTICE

NOTICE is hereby given that GREGORY CHRISTOPHER
NEIL of #84 PORT NEW PROVIDENCE, 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 15th day of

June, 2007 to the Minister responsible for Nationality |

and Citizenship, ‘P.O.Box N- 7147, Nassau, Bahamas.




" NEW WORKS
Please Call (242) 327-7562

Small Retail Store specializing in
girls accessories is seeking a dynamic,
energetic, and highly motivated
assistant store manager with prior retail
managerial experience to handle all
‘aspects of store operations.

Please send resumes by e-mail to
bahamas.com@gmail.com

Phone: 394-7019









Change Daily Vol. EPS $ Div $

1.18

9.40
0.85
2.95
1.30
10.60
221
14.55
5.12
2.40
6.26
12.60
14.50
17.50
0.54
7.25
9.50
10.00 :
“Gotnier Secunties: 25)
3 Last-Price
16.00
6.25 10.00
0.55 0.20
-Ceunter Securities
41.00
14.00
0.55 0.45
Mutual Funds
TDO% Last 12 Months





Yield %_

Div —

L YTD 08.15% / 2006 34.47% j a j
last 12 month dividends divided by ciosing price NAV KEY.
Buying price of Colina and Fidelity

*- 8 June 2007

Last Price - Last traded over-the-counter price
Weekly Vol

- Trading volume of the prior week ** - 30 April 2007
- A company's reported earnings per share for the last 12 mths

Net Asset Value ** - 31 May 2007

N/M - Not Meaningful

X - The Fidelity Bahamas Stock Index. January 1, 1994 = 100 ** - 30 April 2007



see" - 31 May 2007

“17647 FOR MORE DATA S INFORMATION ©









Post House Stiidio’*& Gallery





Share your news

The Tribune wants to hear from people who are
making news in their neighbourhoods. Call us on
322-1986 and share your story.





POSITIONS AVAILABLE
We are a small, but rapidly growing group and opportunities
exist for the right persons. All applicants should possess, at a
minimum, good passes in Maths & English, basic computer
skills and knowledge of Microsoft Office; excellent communi-
cation and organizational skills and an outgoing and pleasant
personality. The positions available are:

ADMINISTRATIVE/

OFFICE ASSISTANT
Resourceful, with excellent administrative, typing and word
processing skills. Desktop publishing skills and bookkeeping -
experience an asset.

JUNIOR CLERK
| Duties include, but not limited to, receptionist, filing, typing,

copying, banking and some accounting functions. Previous |

| office and print shop experience an asset.
| E-mail or fax your résumé and cover letter indicating the

| position you are applying for, to jobs@theservicegroup.com
| or 356-6135 by June 25, 2007. No calls please! We regret that

| only applicants selected for an interview will be contacted.

Members:
Image Printing & Berencks koaucs & Associates, Lad,
ww w.theservicegroup.com

NOTICE

NOTICE is hereby givén that VINCENT JOSEPH OF MARSH
HARBOUR, 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 8TH day of JUNE,
2007 to the Minister responsible for Nationality and Citizenship,
P.O.Box N-7147, Nassau, Bahamas.

iY iy:

JEWELLERY STORE MANAGERS

’ Discover a rewarding and
challenging career catering to the
country’s visitors in the exciting
retail jewelry business!!!

' Do You Have What it Takes?

The ...
ervice
rOup

ARE YOU...
Confident? ¢ A Leader? ¢ Self Motivated?
¢ Professional? ¢ Mature (25 yrs or older)? ¢ Dedicated?
If the answer isYES then take the next step

FAX RESUME TO 326-2824

SALARY OPPORTUNITY COMMENSURATE WITH EXPERIENCE & QUALIFICATION

ee Be |

Royal Island (Bahamas) Limited
- INVITATION FOR EMPLOYMENT






Royal Island (Bahamas) Limited, the develapers of the Royal
Island Resort and Residential Project, just off North Eleuthera
wish to fill the following position:




Experienced Boat Captain




Successful candidate will be a member of a small team and
will be required to skipper and maintain the company’s fleet of .
10 boats Cup to 44ft) and will also be required to take part in

the following guest water sports activities:








¢ Snorkeling
® Diving

* Flats and Deep Sea fishing
« Jet ski tours

* Sailing and Windsurfing





The successful candidate will be required to reside at Eleuthera.





Qualifications and Experience:



¢A minimum of [0 years experience.

¢ Hold a B class license or better.

¢ Be familiar with the local waters and the area around Royal
Island.

* Must have strony organizational skills in the areas of boat
maintenance and operations.

¢ Resort/Fishing/ experience preferred.

¢ Medical /Lifesaving/Boat and passenger safety training desirable.







Interested persons should submit their resumes with cover letter



to:



Harcourt Management Services Ltd.
P.O.Box N 1991
Nassau Bahamas
Fax to: (242) 356-4125
Or Email to: info@gomezcorp.com







Royal Island (Bahamas) Limited thanks all applicants for their
interest. however only those candidates under consideration
will be contacted.


= THE TRIBUNE

a?

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-

wae

‘
®

Mb ee

SR TE IN RO Nl Nt RN I aT PO RE Ne I,

mR ww,

~

~

, ml By CARA
BRENNEN-BETHEL
{Tribune Business Reporter

A LEADING Bahamian
attorney yesterday questioned
:what this nation would do until
,the much-needed $250-$350
million improvements to the
Lynden Pindling International
4 Alport are completed in.2012,
‘ warning that it cannot sustain
*its tourism edge on cruise
j,arrivals alone.

Brian Moree, managing part-
‘ner at McKinney, Bancroft and
‘Hughes, said that while the

Bahamas may have received

{just under five million tourists
' “per annum for a number of

en:

i years, Bahamians should not be
“fooled by the statistics. This was
because of that five million, only

— -1.5 million arrived by air.

“The rest arrived by cruise
ship, and while that is good, we
, cannot sustain our tourism edge

: «on cruise arrivals alone,” he
4

warned.

Mr Moree told the CEO Net- —

work Conference that the
revamping of the Bahamas’
main airport was this nation’s
single most important project,
as it was the main gateway to
the country and formed the first
and last impression for visiting
tourists. It needed to match the
five-star hotel and visitor expe-
rience the Bahamas wanted to
give its high-end visitors.

“The question is: What will
we do until 2012?” Mr Moree
asked. He said he strongly felt
the conditions at Lynden Pin-
dling International Airport had
a direct correlation to a low
repeat rate of vistors to the
Bahamas.

In his presentation to the
CEO Network conference, Mr
Moree discussed Steps to
Strengthening, Preserving and
Protecting Tourism and Finan-
cial Services Sectors.

He said these two areas -

Airport woes hurt >
repeat visitor rates,
says attorney

which directly account for 36
per cent of the country’s GDP -
determine the financial stability
of the Bahamas.

And while he said the rich
may get richer, it was impera-
tive that the average Bahami-
au also gets better.

Mr Moree noted that as it
related to the financial services
industry, there was too much
bureaucracy and too few deci-
sion makers. He endorsed the
elimination of exchange con-
trols and the implementation of
a “super regulator” as a way to
streamline the industry.

He added that there needed
to be a sensible and streamlined
immigration policy, which
allows for foreign professionals
to come into the Bahamas when
necessary, but said it was vital
that there be a strong training
mechanism in place to comple-
ment it.

Mr Moree said one of the
main problems was the lack of



Clearing Banks Association
Public Advisory

The Clearing Banks Association is reminding the public
‘not to give personal or confidential bank.ng information
such as savings or checking account numbers, or details
of credit card accounts to persons requesting these details
by telephone, e-mail or online via the internet.

It is not the policy of any member of the Clearing Banks
Association to have staff ask customers to verify or
update personal and confidential bank account

information by any of these methods.

Persons who provide any confidential banking
information to anyone other than an authorized banking
officer, run the risk of compromising their banking
information and exposing themselves to fraud, for which
our members cannot accept responsibility.

If faced with any of the above situations please contact
your bank immediately.

Bank of The Bahamas International

FirstCaribbean International Bank (Bahamas) Limited

Citibank, N.A.

Royal Bank of Canada
Commonwealth Bank Limited
Scotiabank (Bahamas) Ltd.
Fidelity Bank (Bahamas) Limited



’ regions, products are developed

FRIDAY, JUNE 15, 2007, PAGE 9B



knowledge transfer.

He added that if the financial
services sector was to remain
competitive, it must reduce the
amount of time it takes to bring
new products on line. In some



27. on
H@ BRIAN MOREE, senior partner at McKinney, Bancroft &
Hughes

in seven months, whereas in the
Bahamas there may be a two-
year wait.

(FILE photo)

The College of the Bahamas
Culinary & Hospitality Management Institute (CHMI)

CULINARY TECHNIQUES SERIES 2007

Facilitator: Chef Tracy Zimmermann of Monroe College, New Jersey

These are hands on classes.

Techniques of Healthful Cooking

June 26 — Nassau, CHMI Kitchens, Thompson Blvd. 5 — 9 p.m.
July 3 — Exuma, College Centre, Georgetown 12 — 5 p.m.

Cost: $150.00 BHA: $125.00 Students: $100.00
Max: 15 participants

Specialty Bread Making ;
June 27 — Nassau, CHMI Kitchens, Thompson Blvd. 5 — 9 p.m.
Cost: $125.00 BHA: $100.00 Students: $75.00
Max: 15 participants

_ Chocolate Desserts abt ae ee ace we 8
June 28 — Grand Bahama, COB Campus, 5.29pm...
July 4 — Nassau, CHMI Kitchens, 5 — 9 p.m.

Cost: $150.00 BHA: $125.00 Students: $100.00
Max: 15 participants

_ Payment MUST accompany registration

“se Price includes supplies.
“se Certificates will be awarded.

Registration form(s), accompanied by payment in cash or by cheque,
must be delivered to the Industry Training Department at The Culinary
& Hospitality Management Institute of The College of The Bahamas for
the attention of Ms. Monique Butler or Mrs. Florina Turner, telephone
#323-5804/6804, Tourism Training Centre, Thompson Boulevard, Nassau,
N.P., Bahamas. Cheques must be made payable to: The College of The
Bahamas.

Class Descriptions

Specialty Breads — This class will explore bread making techniques in
order to further understand all of the nuances of breads and the bread
making process. We will begin with basic pan and batter breads, such
as banana and zucchini. We will then explore types of yeasted breads
that use more advanced techniques, including Foccacia, Sour Dough,
and Multi Grain. Differing techniques of shaping will be utilized.

Please bring an apron, dough knife/bench scraper, serrated knife
and measuring utensils.

Chocolate Desserts — This class will explore the use of chocolate in
desserts. It’s not just your basic chocolate cake; we will look into many
different styles of chocolate desserts. Some possibilities are chocolate
pot au créme, decadent flourless chocolate cake, Chocolate Biscotti,
infused chocolate truffles, chocolate raspberry mousse tarts and warm
molten chocolate cakes etc... The focus will be on the use of chocolate
and its proper handling.

Please bring an apron, chef’s knife, serrated knife and measuring
utensils.

Techniques of Healthful Cooking - This class will explore ways of
preparing foods that will be lower fat, calorie and carbohydrate. We
need our diet to be balanced and healthy; cooking is about everything
in moderation. Our focus will be on the uses of natural flavors to enhance
foods. Participants will be taught flavour reductions, glazes, purees, fresh
herbs and the use of spices. Some possible items will be oven-roasted
tomatoes with chickpea salad, grilled lemon pesto shrimp, tamarind
glazed salmon, seared snapper with Mediterranean veggies and a basil
broth, grilled lamb with fresh rosemary mint sauce, caramelized pineapple
with sorbet.

Please bring an apron, chef’s knife, peeler, and measuring utensils.

These are not set menus and are only representative of the types of
items to be prepared






PAGE 10B, FRIDAY, JUNE 15, 2007

aS ae a
BORCO sale ‘watched

with great concerns’



FROM page one

The Tribune was told that all
interested buyers had to submit
non-binding bids by the end of
June. These offers will then be
vetted by Citigroup, which will
help PDVSA in drawing up a
short-list of a final four to five
bidders.

These parties will then have
access to more detailed financial
date on BORCO via a specially

designed data rcom, and be

able to conduct a more thor-
ough due diligence through site
visits.

It is thought that PDVSA will
make a final decision on the
BORCO purchaser by the end
of August 2007.

The Tribune was yesterday
told that one potential bidder
was Petro China, the company
that was created from the
break-up of Chinese state-
owned giant, China National
Petroleum Corporation. There
is already a huge Chinese pres-
ence on Grand Bahama via
Hutchison Whampoa, and the
possible involvement of CITIC.

It was also suggested that
another investor group may
have formed around Maurice
Moore, the former FNM MP,
but this could not be confirmed
last night. The likeliest buyer is
another oil company.

Interest in BORCO is likely
to be high, sources have said,
due to its unique geographical
location.- proximity to the US
and potential as an oil tran-
shipment facility on the main
shipping routes in the Western
Hemisphere and to Europe,
plus the. opportunities for
expansion.

BORCO also used to have
oil refining capabilities, and
sources said there was poten-
tial to further expand its oil stor-

age capabilities, as well as get
into alternative energy forms
such as liquefied natural gas
(LNG) and ethanol production.

“It has many things going for
it,” a source said.

Yet some suggested that
PDVSA’s decision to sell and
seek a buyer may have been
prompted by the fact that the
company felt it would not make
economic sense to construct a
new refinery at BORCO or
upgrade the existing facility,
feeling it would tie-up too much
capital and not generate the
needed return on investment.

Clean-up

One source yesterday sug-
gested to The Tribune that the
BORCO site faced “very, very
substantial environmental

issues”, and any buyer would

need to undertake a clean-up.

BORCO is understood to
employ about 105 full-time
Grand Bahama-based staff, plus
another 50 contractors. It gen-
erates about $10 million per
year in net income, and pays a
$1 million per annum fee to the
Government to lease the
seabed.

Leslie Miller, the former min-
ister of trade and industry in
the PLP government, said dis-
cussions had been held about
re-establishing BORCO’s oil
refinery capabilities, with pro-
posed refining capacity of
500,000 barrels per day.

Mr Miller said this, if suc-
cessful, would require a $2 bil-
lion investment and create 800
full-time jobs. In the 1970s,
BORCO was one of the biggest
refineries in the world, but it
closed in 1985 during a world
oil over-supply. Given the cur-
rent relatively high global oil

POCO EEOOS HOSE SEES O HOSE COO SOOO ST OOE OOOO SEE OCOOEOOSOO LL OE EEO

prices, some feel the investment
in re-opening the refinery might
be worth it.

PDVSA made a $40 million
investment to upgrade and
repair BORCO’s 73 oil storage
tanks in 2001, with storage
capacity increased from nine
million barrels to 20 million.

The terminal has two jetties
and six deep sea berths, and
since 2001 PDVSA had been
focusing on getting BORCO to
maximum storage capacity as a
‘break bulk’ facility, where large
oil shipments are blended or
broken down into smaller con-
signments for onward delivery.

BORCO had also. been look-
ing for longer-term storage con-
tracts with its clients. Some four
major oil companies lease stor-
age space from it, including
Total and, until recently, the
Brazilian firm Petrobras.

Poceccccccescsscccescccccosecece
°

INSIGHT

For the stories
behind the
news, read
Insight on
Mondays

Peneccevecsoscscceccesceeesecocce

COC COOS COE SEEOOOLET OOOO FOOSE OOOO SE OHO EEO SEES ESOS SOOT EOE OOO OO®S

TEACHER WANTED

THE TRIBUNE



Teach 2 school age children (4 1/2 & 7 1/2) in home setting.
WTS a ESTEEM CC EEC TT
TMU CT CM Cr TR CERT CMM UTES MU i BE ESC
education. Willing to promote critical thinking and leadership
skills in children. Working hours 8:00 a.m. - 1:00 p.m.
Skills: bachelors degree, 3 years of experience, excellent
PT skills. Knowledge of Spanish a plus. Start date
August 27, 2007.

Ctr By ACTER)

Nicely. Equipped

Obra rele ee er meta eed

«Power locks and windows (available on select models)

Oe Crime lsc a ee en Cit aed rad
ease rials

SLES

Shirley Street « 328-3908

FOR ALL LIFE’S ROADS

CHEVROLET



To enter attach 3 wrappers from any of the products shown, fill in the entry form and drop into entry boxes
in participating stores or The d’Albenas Agency in Palmdale. Contest ends July 27th , 2007.

3rd Prize
Whirpool Refrigerator

2nd Prize
Whirpool Washer and Dryer

1st Prize

Panasonic 32” Plasma TV

PART-TIME RECORDS ASSISTANT

Country Office in Bahamas
Immediate Supervisor: Operations Analyst

The Inter-American Development Bank (IDB), the largest and leading source of
financing for regional development in Latin America and the Caribbean seeks to
contract a consultant to fill the part-time position of Records Assistant.

Objective .

To ensure the proper classification, organization, maintenance, protection, access
and control of documents and records in all media and to provide reference services
to authorized Bank personnel.

Basic Functions

Compile, classify, maintain and manage the files and records both paper
and electronic of the File Station pertaining to the Bank operations and ©
accordance with the Bank’s official records management procedures
Provide reference services and expertise in the retrieval of operational
information of active and inactive files using the appropriate systems: DM
Extension, CRMS (Castle Records Management System), Intranet, Internet,
etc.

Coordinate activities with those of the Bank’s Records Management Section
through the Operational Analyst, regarding maintenance and preservation
of operation’s archives and adherence to the Bank’s Records
Retention/Destruction Schedule.

Train staff in the proper classification of the documents and in the use of
electronic filing systems.

Provide client support to country office staff, as well as to outside clients.

Requirements
Competencies that include the Ability to:

Demonstrated capacity to systematically manage information proficiency
in Microsoft Office package.

Ability to identify, evaluate and propose solutions/alternatives to problems
in this area.

Experience in providing services to multicultural and multidisciplinary
groups.

Services orientation toward clients and harmonious relationship with internal
and external clients.

_Education_

e A Degree in Archives Administration or Library Science is preferred.

Experience

¢ Minimum three years of relevant experience.

¢ Written and spoken command of English. Working knowledge of Spanish
desirable.

Interested Bahamian candidates should forward a copy of their resume by
June 27, 2007 to:
The Administrative Officer, IDB Bahamas
P.O. Box N-3743, Nassau, Bahamas
OR Email: cof/cbh @iadb.org



Ta cing care of you
and your family





a a

THE TRIBUNE BUSINESS









































Bahamian Puppet and ly
his sidekick Derek put ty

some smiles on your





Movie Gift Certifi









FRIDAY EVENING JUNE 15, 2007
7:30 | 8:00 | 8:30 | 9:00 | 9:30 | 10:00 | 10:30
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Deco Drive Bones A body wrapped in a shroud /Standoff Emily must negotiate with |News (N) (CC)
WSVN lies beside an overtumed garbage |suspected bank robbers holding 25
| truck. 1 (PA) (CC) hostages on a train.
Jeopardy! (N) Kyle XY “The Prophet” Kyle gets | National Bingo Night Contestants [20/20 (CC)
WPLG (cc) answers. 1 (CC) play bingo for a chance to win
prizes like a cruise. (N) (CC)
CABLE CHANNELS ;
(0) Cold Case |CSI: Miami “Shattered” Horatio and |CSI: Miami “Payback” The CSIs __Intervention “Andrea and Ricky”
A&E iles (CC) his team ss the murder of a |probe the murder of a rapist. — |Drug addicts. (N) (CC)
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n
BET Thank My Mama] * * * HOLIDAY HEART (2000, Drama) Mind Rhames, Alfre Woodard. A|Comicview (CC)
drag queen shelters a drug addict and her child. (CC)
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CNN : - |Paula Zahn Now (CC) Larry King Live (CC) Anderson Cooper 360 (CC)
Scrubs Coma |The Daily Show |The Colbert Re- /Brian Regan: Standing Up The South Park Jim- |South Park
co victim’s wife is at-|With Jon Stew- |port (CC) comic performs. (CC) my learns control.|Church atten-
tracted to J.D. —_jart (CC) (CC) dance drops off. |
Cops “Coast to |NOPD: Mardi Gras Forensic Files Forensic Files |The Investigators “Heartshot”
COURT Coney A (CC) Eee “Concrete Alibi” |
The Suite Life of|Disney Channel | x * ICE PRINCESS (2005, Comedy-Drama) Joan Cusack, Kim Cattrall, |Life With Derek
DISN Zack and Cody /Games Opening |Michelle Trachtenberg. A teen chases her dream of becoming a figure | Derek asks out
4 (CC) Ceremonies —_|skater. ( 'G’ (CC) Casey's friend.
DIY This Old House |Home Again |DIY to the Res- Sweat Equity |SweatEquity Classic Rides [Classic Car -
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(:00) SportsCen-/Golf U.S. Open Championship -- Best of Second Round. From Oakmont Country Club in Oakmont, Pa. (Same-
ESPN ter lee day Tape) (ec)
Gol ESPN: ESPN Perfiles /RPMSemanal |2006 World Series of Poker Main Boxing Friday Night Fights. (Live)
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EWTN te Mass: Our |The World Over 4 iN Worth |The Holy Rosary/Defending Life Voices on Virtue
:00) Cardio . National Body Challenge “Meat-Eaters vs. Vegetarians” Two families |The Body Invaders “Weight Con-
FIT TV last M (CC) _ |struggle to get in shape. trol’ The skinny on fat. (ct)
Fox Repoit- |The O'Reilly Factor (Live) (CC) /Hannity & Colmes (Live) (CC) On the Record With Greta Van
FOX-NC Shepard Smith oer | : Susteren (Live) (CC)
Marlins on Deck /MLB Baseball Florida Marlins at Kansas City Royals. From Kauffman Stadium in Kansas City, Mo. (Live)
FSNFL tic)
GOLF (:00) Live From the U.S. Open (Live) Live From the U.S. Open
Lingo (CC) Greed (CC) Dog Eat Dog 1 (CC) Chain Reaction |Chain Reaction
GSN (cc (cc
(:00) Attack of | {X-Play “X-Play’s One Hour Trip” |Cops ‘Kansas Cops “Nashville” |G4’s Free Stuff |Ninja Warrior
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HALL exas Ranger {calls his fiancee when her killer is Dylan McLaughlin. An orphan develops an unlikely friendship with a re-
“Devil's Tu released from prison. O (CC) cluse. (CC)
_ |Buy Me “Before |Selling Houses Specials “Grimsby’/House Hunters |World’s Most — |Relocation, Relocation ‘Neal and
HGTV _landAtter’ 1 ~—-‘[Two-bed semi in Lincolnshire. © {International © |Extreme Homes |Kerry Bailey” (CC)
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Reba Reba tries |My Wifeand |Accordingto Accordingto Friends Phoebe |Everybod Everybody
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gagement ring. | (CC) showdown. (CC) ing. (CC) 1 (CC) (cc) -
Still po Reba Reba and (Reba Barbra |% * THE STEPSISTER (1997, Suspense) Linda Evans, Rena Sofer,
LIFE Kids spread their Barbra Jean spar.|Jean wins Reba {Alan Rachins. A young woman suspects foul play in her father’s death.
wings. 0 0 (CC) inan auction. — |(CC)
:00) Hardball + {Countdown With Keith Olber- © {MSNBC Investigates: Lockup: In- | MSNBC Investigates “Lockup: In-
MSNBC {eel mann side lowa State Penitentiary side Kern Valle
NICK Jimmy Neutron: |Nicktoons TV | * * THE SPONGEBOB SQUAREPANTS MOVIE |Funniest Home |Full House ©
Boy Genius a (2004) Voices of Tom Kenny, Bill Fagerbakke. 1 Videos (CC)
:00) NUMB3RS /Very Bad Men The 34th Annual Daytime Emmy Awards (Live) 1 (CC
NTV .|"Killer Chat” : (
:00) Trackside {Survival of the |NASCAR Racing Nextel Cup -- Citizens Bank 400 + |ARCA RE/MAX Series Michigan.
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TBN Kingdom Scenes (CC) |Report(CC) —_|(CC) Price (CC)
Everybody % & % HITCH (2005, Romance-Comedy) Will Smith, Eva Mendes, Kevin James. Premiere. |Tyler Perry's
TBS Loves Raymond |A smooth-talker helps a shy accountant woo an heiress. (CC) jouse of Payne
1 (CC) School bully.
Take Home Chef|Extreme Weddings (N) Fashion Fanatic “Wedding Attire” |Mind Your Manners ny eX-
TLC Steamed mus- Weddings. (N) perts help rude and unretined stu-
Z sels. (N) dents learn proper behavior. (N)
(:00) Charmed | x % * HITCH (2005, Romance-Comedy) Will Smith, Eva Mendes, Kevin James. Premiere. | x %% THE RE-
TNT Engaged and A smooth-talker helps a shy accountant woo an heiress. (CC) PLACEMENTS
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% & THE MIGHTY DUCKS (1992, Comedy) Emilio Estevez, Joss Ack- /CampLazlo |Home for Imagi- |My Gym Part-
TOON _[land. Premiere. A hotshot lawyer must coach peewee hockey. P nary Friends ? aise Monkey
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UNIV asiones dulce, romantica e inteligente, pero Especial Migrante del Amor; En
apenas atractiva. (N) Busca de la Dignidad. :
(:00) Law & Or- /Law & Order: Special Victims Unit|Monk “Mr. Monk and the Big Re- _jLaw.& Order: Special Victims Unit
USA der: Criminal In- )“Tortured” Detectives look for a killer|ward” Monk races to find a stolen di-|"Mercy” A baby is found inside a
tent % (CC) —_|with a foot fetish. (CC) amond. (CC) cooler in the East River.
VH1 (:00) 40 Hottest Over 40 1 Best Week Ever |Hogan Knows Hogan Knows Hogan Knows
(NO Best Best Best 1
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WGN unniest Home |Scott, Julie Deby Vince Vieluf. A young American meets a lovely lycan-
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a MLB Baseball New York Mets at New York Yankees. From Yankee Stadium inthe © |CW11 News at Ten With Kaity
WPIX ronx, N.Y. (Live) (CC) Tong, Jim Watkins (N) (CC)
Jeopardy! (N) {Dr Phil Obese quests reunite with |News (N) Jeopardy! (CC) /Frasier Wedge Frasier Roz re-
WSBK (cc) loved ones. fcc) between Frasier considers leaving
and Niles. (CC) KCAL. (CC)
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(oy * x CHARLIE AND THE CHOCOLATE FAC- | * % * V FOR VENDETTA (2006, Action) Natalie Portman, Hugo Weav-
HBO-E __ {TORY (2005) Johnny Depp. Five children tour the won-|ing, Stephen Rea. A vigilante fights a fascist government. \ ‘R’ (CC)
drous factory of an odd candy-maker. (1 ‘PG’
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Jane. 1 (CC) — |prano family. 0 (CC) ithday party. |weekend. —|Vince an offer. |jealous. M (CC)
45) & & & IN HER SHOES (2005, Comedy-Drama) Cameron Diaz, Toni Collette, Shirley |x x x CHARLIE AND THE
HBO-W MacLaine. A sexy partyer clashes with her serious-minded sister. . ‘PG-13' (CC) CHOCOLATE FACTORY feos
Johnny Depp. 1 ‘PG’ (CC)
ae & & THE INTERPRETER (2005, Suspense) |Big Love “Damage Control’ Bill | & * » MUNICH (2005) Eric Bana.
HBO-S icole Kidman, Sean Penn. A U.N. translator over- {scrambles in the wake of the fami- Israelis hunt the terrorists behind
hears an assassination plot. © ‘PG-13' (CC) ly's exposure. (CC) 1972's Munich massacre.
a ** : 5) &% GET CARTER (2000, Suspense) Sylvester Stallone, Miranda | x» GRANDMA'S BOY (2006,
MAX-E __|SPRUNG (1997) |Richardson, Rachael Leigh Cook. A mob enforcer is determined to solve |Comedy) Doris Roberts, Allen
Tisha Campbell. |his brother's murder. 1 'R’ (CC) Covert. 1 ‘R’ (CC)
ef) * &% THE ISLAND (2005, Action) Ewan Mc- | % & POSEIDON (2006, Adventure) Josh Lucas, Kurt (a) x AC-
MOMAX regor, Djimon Hounsou. A mercenary pursues two Russell, Jacinda Barrett. A luxury liner capsizes in the |CEPTED (2006) _
clones on the run in 2019. 1 ‘PG-13 (CC) North Atlantic. 0 ‘PG-13' (CC) Justin Long. |
sl % 4% MISSION: IMPOSSIBLE Ill (2006, Ac- |The Tudors “Episode 10° (iTV) | x * BASIC INSTINCT 2 4s
SHOW _fion) tom Cruise. iTV. Agent Ethan Hunt faces the Wolsey tries to ally himself with Sharon Stone. Catherine Trammell |
toughest villain of his career. 1 ‘PG-13' (CC) Queen Katharine. 1 (CC) re-emerges in London. ‘R’
Pe a; (8) x %» MICKEY BLUE EYES (1999, Romance-Comedy) Hugh x ENCINO MAN (1992, Come-
| TMC APPY END- rant, James Caan, Jeanne eet A British auctioneer's fiancee is /dy) Sean Astin, Brendan Fraser,
INGS (2005) ‘R’ ja gangster’s daughter. ( ‘PG-13' (CC) Pauly Shore. ‘PG’ (CC)







FRIDAY, JUNE 15, 2007, PAGE 11B




let Cha rlie the




kids’s faces.

Bring your children to the
MctHappy Hour at McDonald's in
Palmdale every Thursday
from 3:30pm to 4:30pm during the
month of June 2007,

¢

Enjoy Great Food, Prizes and Lots of Fun.



- Pm lovin’ it

8

co Movie Serre log en

. make great gifts!
PAGE 12B, FRIDAY, JUNE 15, 2007

THE TRIBUNE BUSINESS



COMICS PAGE












VY SHE HAS FOUR j
HOMES IN EUIROPE--

THEY'RE WORTH
\ A FORTUNE!

WHY WOULDN'T
RACHEL TELL ROGER (ahs
SHE HAS CANCER? "















YW AND SHE'S
MV LEAVING THEM
TO NEDDY AND
SOPHIE!

DON'T KNOW---
BUT THERE'S
MORE!




APARTMENT 3-G

SOMEDAY, TOMMIE, WHEN YOU / WHEN YOU LOOK
FALL IN LOVE, YOU'LL KNOW
WHAT I MEAN. ;

AND WHEN HE
TAKES YOU IN HIS

WHEN HE TOUCHES

IN HIS EYES YOUR} YOU YOUR PULSE
HEART MELTS.















CAN'T YOU HEAR IT? THAT \
BAKED HAM IS CRYING ee
mori |

AFTER ALL OUR YEARS TOGETHER,
YOU'D THINK SHE'D HEAR IT, TOO



WHERE ARE YOU
GOING, HONEY’?



I WAS BORN
UNDER A__
“FREE PUPPIES}
SIGN



IF YOU ARE BORN:
UNDER THE SIGN

(©2006 by Norn America Syndicate, ne. World rights reserved.

\ DUNNO,
SUODENIN
NN EAS

} OK, BYT [ET'S
THINK. (T
TAKS A
THIEF “To
CKICH &

THIEF OW Ger tt.

5°} FIND A

Oe WHEL IDK, . q
NAN O15: BH UPNCRONL PRESS S10. WUILEY (DEE GCAETLIK, DET



THIS IS MY HOUSE, THESE ARE

MY CARVS AND ‘THOSE ARE AY

RULES. ANYUNE WHO DOESN'T
LIKE (T CAN LEAVE!

la?



| CRYPTIC PUZZLE |

ACROSS
4 A flabby waist is in the offing (6)
7 Drivers ina class of their own? (8)
8 Criticise a mother for being
somewhere abroad (6)
10 Move evasively past
a policeman (5)
_ Not the oriental way (4)
Would boxwood be suitable
for one? (4)
Gasp at one’s old man going to
the theatre! (4)
Had some reheated food (3)
Nominally a bit of an
egotist? (4)
Continental cash (4)
Powerful composition
for orchestra (9)
Fashionable style of demo (4)
Is she a bit naive with
Edward? (4)
Work to the centre, perhaps? (3)
Poet's drinking place at the end of the
road (4)
Most bilge can be concocted as
plausible (4)
The Wigan ones are
just a joke! (4)
Discontinue, for instance, being a key
holder (5)
Little girl perhaps sheepish at her
loss? (2,4)
Didn't bother with the deliveries that
were surplus (4,4)
Shift'em over, perhaps (6)

DOWN
1 Prattles to the girl round

the corner (5)

To Uncle, not even a half baked
dance? (5)

Unique in the London Lyceum (4)
Could its trembling crack panes? (5)
Relative from Taunton (4)

A motto rewritten and juicy! (6)
Behind with some of the

Easter news (6)

Choose the music for the

West End (3)

One of the wetter parts of Norfolk (5)
All round locking devices? (7)
Hole dug out of spite? (3)

Live a double life in Clarence
Square? (3)

Voice three times higher than the
rest? (6)

Customary Ingredient of
sausages (5)

Horse but no chestnut! (3)
Nothing but dead ends? How
strange! (3)

Sad looking beast going round a
tourist centre (6)

Her denial is in a whisper (3)

Sort of pie you can't get into

bed with! (5)

Offspring, immature and grubby (5)
Does bread tend to crumble

into it? (5)

Being thus nautical is flighty! (4)
Acts badly in a show (4)

ACROSS
Endure (6)
Conker (8)
US state (6)
Rub out (5)
Ship's
company (4)
Posted (4)
Appear (4)
Gender (3)
Norse god (4)
Corrosive
substarice (4)
Passed (9)
Worry (4)
Region (4)
Charge (3)
Adjoin (4)
Declared (4)
Row (4)
Cut (5)
Secret (6)
Hero (8)

EASY PUZZLE

Yesterday’s cryptic solutions Yesterday's easy solutions
ACROSS: 1, D-all-as 7, Coal mine 8, Agra 10, (0-)Pinion 11, | ACROSS: 1, Stress 7, Harmless 8, Rave 10, Waited 11,



Adders 14, Tot 16, Eerie 17, Eden 19, Stays 21, Seine
22, Dealt 23, G-low 26, Piper 28, Pro 29, Sleeve 30,

Arcade 14, Let 16,Tunes 17, Sled 19, Roger 21, Talon
22, Depot 23, Core 26, Satin 28, Sea 29, Elapse 30,

Suture (6)






~ The Ps

South dealer.
East-West vulnerable.
NORTH
10643
Â¥9
@AJT7
PK QI42
WEST EAST
aj @K9
VK 108643 VAI752
#10532 #864
&86 kA 109
7 SOUTH
AQ8752
Â¥Q
*KQ9
753
The bidding:
South West North East
1% Pass 2 & Pass
2% Pass 3¢ Pass
4 Pass 4%

Opening lead — six of hearts.

In duplicate bridge, where the
method of scoring is usually match
points, the aim is to get a better score
with your cards — be it 10 points or
1,000 — than other pairs who hold
the identical hands.

As a result, an extra trick picked
up in a partscore or game contract
looms much larger in importance
than it would in a rubber-bridge
game, where an extra 30 points is
relatively insignificant.

This hand occurred in a pair
event, and at most tables the final
contract was four spades played by

© 1606 Universal Press Synarcate

BEING SILLY.

South. In nearly every case the
declarer made 11 tricks, losing only a
heart and a club after the spade
finesse succeeded.

At one table, however, where the
bidding went as shown, South made
only 10 tricks, earning a poor score
for the North-South pair (and a good
one for the East-West pair). There
was only a 30-point trick involved,
but that made all the difference.

West led a heart to East’s ace.
East could see that his king of spades
in front of the spade bidder was in

_ danger of being decapitated, so, in an

effort to steer declarer away from the
winning course, he retumed the ten
of clubs!

This unusual play was designed
to implant the fear of a club ruff in
South’s mind. And, sure enough,

after declarer won the club in -

dummy and returned ‘a spade — on
which East played the nine — South
was in a quandary.

He had visions of losing the queen
of spades to the king, after which
West might be able to lead the ace
and another club and give East a club
ruff to defeat the contract. South
therefore went up with the ace of
spades and wound up with only 10
tricks.

It may be argued that declarer
should have seen through East’s ploy
and finessed the spade despite the
danger, but credit nevertheless must
be given to East for having the imag-
ination to play upon declarer’s fears.

: TARGET |

The
Target
uses
words in
the main
body of
Chambers
21st
Century

ni
IN| O/G

HOW many words of four
letters or more can you make
from the letters shown here? In
making a word, each letter may
be used once only. Each must
contain the centre letter and
there must be at.least one
nine-letter word. No plurals.
TODAY'S TARGET

Good 12; very good 18;
excellent 24 (or more).
Solution tomorrow.

(1999
edition).

Pains (5)
Type of chair (5)
Eye
inflammation (4)
Stow (5)
Piloted (4)
Ran off to wed (6)
Produce aqain (6)
Colour (3)
Cooker (5)
Mythical creature (7)
Term of respect (3)
Transgression (3)
Keep back (6)
Stop (5)
Mineral (3)
Cratt (3)
Small mammal (6)
Bind (3)
Tree (5)
Evade (5)
Intoxicated (5)
Diplomacy (4)

Dictionary

|
|

ry
ry rort rote
ree trey troy

erector ferret fete fort forte

forty fret rector recto

REFECTORY ret:

YESTERDAY’S SOLUTION
cote croft crofter erect
terry tore torr t

tyre tyro









new
word
| cockpit _ |

yor Ce MU)
aircraft set apart
for the pilot and |
Tea!



CHESS by Leonard Barden :

Vasily lvanchuk v Peter Leko,
Morelia-Linares 2007. When
grandmasters get it wrong
during a game, the explanation
is usually time shortage or an
unusually hard position. So it is
remarkable that two of the
world top 10 should have
misjudged this diagram during
their post-mortem, with no clock
pressure to excuse the lapse.
White (to move) has sacrificed a
bishop, and the Ukrainian and
Hungarian agreed that he can
regain the piece by 1 Re8 Rxe8 2
Qxe8+ Kg7 3 Qxc8, when the
queen endgame should bea
draw, though Black must play
carefully. They both correctly
observed that 1 Re8 Bd7, trying
to keep the bishop, is in fact a
blunder, but they were so
focused on 1 Re8 that they failed






GO SPIT OUT YOUR
TOOTHPASTE AND STOP



LOOK, MOM,
IVE GOT
RABIES.

MAYBE DAD WILL
FALL FOR ITF T
BITE HIM FIRST.






FRIDAY
JUNE 15

ARIES - Mar 21/Apr 20 *

Misery loves company, Aries. If
you’ve been in a foul mood, steer
clear of others so you don’t bring
down their spirits as well. You'll
brighten up by Wednesday. °

TAURUS — Apr 21/May 21
It’s time to tum your luck around,

‘Taurus. Your employer has a new
- proposition for you, and you should

take it, even if it seems like it is a
risky endeavor.

GEMINI - May 22/Jun 21 _
Stop focusing on an incident that
happened weeks ago, Gemini. The
other party has forgotten about it,
and you should, too. Grudges will
get you nowhere.

CANCER - Jun 22/Jul 22
Don’t be so quick to spread your
newfound wealth, Cancer. Sock
away some of it for a rainy day. You
of all people should know how fast
fortunes can change.

LEO - Jul 23/Aug 23

You will be the life of the party
come this weekend, Leo. Live it
up, but only if you’re not afraid of
causing a sensation among the
other guests.

VIRGO — Aug 24/Sept 22
Someone has hurt you, but hearts do
mend, Virgo. Rather than dwell on
what might have been, pick yourself .
up and get back into action. You'll
feel better doing so.

LIBRA - Sept 23/Oct 23
There are twists and turns at every cor-
ner this week, Libra. Let’s hope you
weren’t planning on a quiet go of it.
Others will marvel at what appears to
be a crazy life. To you, it’s the norm.

SCORRIO — Oct 24/Nov 22
Someone in the family is more
demanding than ever, Scorpio, leav-
ing you with less free time than you
once had. This person is a priority, so
you need to learn to cope.

SAGITTARIUS - Nov 23/Dec 21
Contrary to what you may believe,
Sagittarius, the grass isn’t always
greener in someone else’s yard. Be
content with what you have rather -
than always chasing rainbows. :

CAPRICORN - Dec 22/Jan 20_
Time is of the essence with a finan-
cial plan that is brought to your atten-~
tion, Capricorn. Better seek the*
advice of Aquarius, because this_
seems too goad to be true.
AQUARIUS - Jan 21/Feb 18 _
Those around you are drawn to you.”
magnetically, Aquarius. That is why’
you are a true people pleaser. Use.
this trait to your advantage when you ,
need help at work. =

PISCES — Feb 19/Mar 20
There’s no time to rest now, as an,
important venture keeps you busy,
through the week, Pisces. Treat yourself.
to something for all of the hard work. :

e t gy oh

to spot an alternative plan which
would have forced victory for
White. So today's puzzle is
twofold: (a) how would White
meet 1 Re8 Bd7? and (b) what was
the better white sequence in the
diagram which would have won
for lvanchuk?

LEONARD BARDEN



*
Chess solution 8385: (a) 1 Re8 Bd7? 2 b4 and the BQ
can't guard the f8 rook. (b) 1 Qh5+ Kg7 2 Re3! (threat 3
Rg3+) £4 3 Re5 mates or gains decisive material.

Corset 31, Unit 32, Pullover 33, Twelve Identical (4)

DOWN: 1, Scowls 2, Elated 3, Shed 4, Smarten 5, Began
6, Ashes 8, Rile 9, Vet 12, Cur 13, Defer 15, Colon 18,
Local 19, Rap 20, Got 21, Tension 22, Dip 23, Cerise 24,
Oast 25, Entire 26, Seeps 27, Table 28, Son

30, Curt

Waiter 31, Apes 32, Legacies 33, Pledge

DOWN: 1, Diepp-e 2, Le-Gl-on 3, Scan 4, Glad eye 5,
Finer 6, L-ease 8, Ante 9, Rot 12, Des 13, Ring-O 15, Still
18, D-evil 19, Sea 20, Ant 21, Service 22, Dee 23,
Gri-Eve 24, Lots 25, Warbl-e 26, Psalm 27, P-egg-y 28,
Pa-p 30, W-asp

0
N
iE.
C
R.
0
S
S
W
0
R
D






eC 2 Se ee

THE WEATHER REPO

Ty ix’

Se Ses Ree

INSURANCE MANAGEMENT

(BAHAMAS) LIMITED. INSURANCE BROKERS & AGENTS |







YT Te gi) 12h) 0 |



by























































































Today Saturday WINDS WAVES VISIBILITY WATER TEMPS.
= — Ww High Low W WASSAU ‘Today: SE at 7-14 Knots 1-2 Feet 2-4 Miles 81° F
| | Fc FIC i ; .
peapuleo eee fee SM82~T9RG pe 87130-7725 © FREEPORT Today. SSEat6-12 knots roa ret aE
Amsterdam 1 72/22, 57/13 ¢ 66/18 55/12 t Saturday: | SSW at 15-30 Knots
! Ankara, Turkey | 84/28 55/12 s 86/30 57/13 s | ABACO Today: S at 6-12 Knots 1-3 Feet 3-5 Miles 80° F
A couple of heavy Cloudy with a couple’ A shower or Mostly cloudy. Mostly cloudy. Intervals of clouds The higher the AccuWeather UV index™ number, the Athens 86/30 72/22 t 90/32 73/22 s Saturday: _ SSW at 15-30 Knots 3-5 Feet 2-4 Miles 80° F
thunderstorms. of t-storms. thunderstorm; breezy. and sunshine. greater the need for eye and skin protection. Auckland - ‘I 53/11 44/6 c 53/11 46/7 r
High: 86° High: 88° High: 88° High: 88° =} = oe cee: ee
High: 84° Low: 74° Low: 74° Low: 76° Low: 76° Low: 74° |. By patna ne vS0 eg TIES © J
ETAT ERTL EET AccuWeat ated Ny Eas irate LSM EEUIL TELE By EULA TE ieee Tipes i wo nie ae a a 3, 4 io i ON 5 Ee a Cy 3
a2" me je 97°-83° F __ 3st ee aon an. An) Beirut 75/23 75/23 s 76/24 73/22 s
The exclusive AccuWeather RealFeel Temperature? is an index that combines the effects of temperature, wind, humidity, sunshine intensity, oudinee eal pressure, and — ' Today 8:35am. 2.5 2:36am. -0.1 Belgrade 91/32 67/19 pe 90/32 ‘68/20 t
elevation on the human body—everything that effects how warm or cold a person feels. Temperatures reflect the high and the low for the day. = 9:03 p.m. 3.3 2:27p.m. -0.2 Berlin 84/28 61/16 t 77/25 55/12 t
- Saturday 9:27am. 2.5 3:27am. -0.1 Bermuda 78/25 67/19 pc 80/26 68/20 pc
ALMANAC (attststitié*“R y 9:54p.m. 3.1 3:20p.m. -0.2 Bogota ; 64/17 48/8 pc 64/17 48/8 a
Statistics are for Nassau through 2 p.m. yesterday Sun day l0l8am. 25 46am. -0.1 Brussels 76/24 51/10 c 68/20 50/10 t
ABACO Temperature . 10:43p.m. 3.0 4:12pm. -0.1 cee pe aed a os cond c
one : High ....... suasababivescuaminiaga eee: sesstsvseesee 91° F/33° G : : uenos Aires s pc
High: 84° F/29°C Low ee" 76s Frege ¢ «Monday a a eee Cairo 94/34 69/20 s 96/35 69/20 s
NON ALIQI sesccsssasesebeccsssstaesteasvesictic 7 ae ee ae Calcutta : 95/35 85/29 t 93/33 87/30 t
NoOnitial LOW occ sseisisssdccwstssssheceasissveccesy L4° 2 Calgary 64/17 44/6 pc 64/17 46/7 t
WEST PALM BEACH Last year’s HIgh ..esssssssssssssssseessssseeeee 89° F/32° C Cancun 84/28 72/22 t 88/31 74/23 t
High: 84° F/29°C Last year’s low sosseeseeenannnanesessnenssnceeec 81° F/27°C ; Caracas 84/28 68/20 pc 84/28 68/20 pc
Low: 72° F/22°C Precipitation Sunrise ...... 6:20 a.m. Moonrise..... 6:31 a.m. Casablanca 74/23 68/20 pe ~—=*S77/25 «SHB s
As of 2 p.m. yesterday 0.00” Sunset....... 8:01 p.m. Moonset..... 9:01 p.m. — Copenhagen 62/16 59/15 sh 70/21 56/13 sh
S Year to date esos 24.03" New Dublin 63/17 54/12 6 63/17 48/8 c
High: 83° F/28°C . Normal year to date .. 14.94” Frankfurt 70/21 51/10 t 70/21 47/8 t
Low: 71° F/22°C . Geneva 66/18 53/11 t 76/24 58/14 pe
AccuWeather.com Halifax 6719 50/10 pc 68/20 5211 po
a. = All forecasts and maps provided by Havana 81/27 7o2it = 84/28. 74/23 t RNA Showers .
‘MIAMI oe . Ae AccuWeather, Inc. ©2007: Jul. 14.—«Helsinki 66/18 39/3 pc 61/16 48/8 sh [& Sj T-storms aa a 85/74
High: 85° F/29° C —— __ ELEUTHERA - Ee HongKong 90/32 80/26 pe 89/31 81/27 + (o=a™: Rain sie
‘Low.74°F/23°C : ____ High: 84°F/29°C . Islamabad 112/44 76/24 s 107/41 77/25 pe [*“*] Flurries a eee ieee Pubte es
= : : =e Low: 76°F/24°C : Istanbul Ee 83/28 68/20 pc 83/28 71/21 s x Snow Se eh: Temeraaae sands ore hich far thie-ds) Warm Mienfieafis
cena nes cl s eles dhe s (z_v] Ice Forecast high/low temperatures are for selected cities. Stationary degen
j ohannesburg =~ : ge r- 36/2 s
‘ Kingston 90/32 79/26 t 90/32 78/25 pc 4
sears CAT ISLAND lima BT S7NB po 71/21 55/12 pe
Low: 74° F/23°C High: 85° F/29°C : London 68/20 55/12 c 64/17 52/11 sh
: s ; Madrid : 72/22 59/15 pc 70/21. 59/15 t
& Manila 89/31 78/25 c 93/33 78/25 c
: Mexico City 2S O1/2Te 52st 81/27 ~— 55/12 t
Monterrey 100/37 75/23 pc 104/40 75/23 pc
Montreal : 80/26 64/17 pc 81/27 64/17 t
2 San Moscow 73/22 44/6 pc 69/20 57/13 pc
— Low:75°F/24°C Munich 74/23 55/12 t 76/24 57/13 t hinds. ad
Shown is today's weather. Temperatures are today's ar - Se ‘ eRe SLA NURS Poles otf RT at
highs and tonights's lows. High: 84 F/29°C =f == f New Delhi f i 101/38 77/25 pe 103/39 85/29 pc > en , ‘
Low:77°F/25°C Oslo 61/16 48/8 pc 63/17 50/10 r EN we ar OUr
Pali) oe -78/02 542 ¢ 73/22. 56/2 6 : ; - ret
Prague 86/30 61/16 pc 69/20 58/14 ¢ AL itho ut us
Riode Janeiro =——s— Riyadh 107/41 | 85/29 s 105/40 87/30 s : : : - ene
i. Rome pe BIRT. 47. c 81/27 64/17 pc :
' Today Saturday : Today Saturday ‘ Today Saturday MAYAGUANA , : _ St. Thomas _ ‘ 90/32 81/27 s 90/32 80/26 s
High Low W High Low W High Low W High Low W High Low W High Low W High: 90° F/32°C San Juan “85/12 37/2 pe 61/16 35/1 pe
FIC FIC FIC F/C FC FIC FC FIC FC FIC FC FIC = 76° F/24°C San Salvador 84/28 72/22 t 88/31 72/22 t
Albuquerque 92/33 64/17 pe 92/33 66/18 pc Indianapolis 88/31 64/17 -s 90/32: 67/19 s Philadelphia 72/22 60/15 pc 84/28 64/17. pc : ROO D “ NS ss Santiago _ = 573° 43/6 pe. 57/13 39/3 pc
Anchorage 70/21 52/11. pc 70/21 52/11 pc Jacksonville + 86/30 66/18 t 88/31 69/20 pc Phoenix 110/43 81/27 s 107/41 80/26 s CROOKEDISLAND/ACKLINS — a eee ee ge es ve oe ;
Atlanta 81/27 64/17 t 85/29 6417 pc — Kansas City 89/31 67/19 po 88/31 68/20 t _—Pittsburgh 78/25 56/13 pc 85/29 56/13 s RAGGED ISLAND Paulo 78/25 S7/13 s 70/21 57/13 pe eo
Atlantic City 65/18 57/13 pc 81/27 63/17 pc Las Vegas 107/41 79/26 s 105/40 79/26 s Portland, OR 72/22 54/12 pe 70/21 52/11 pc High: 88° F/31°C Sere eRee Sema sepia
Baltimore ,. 72/22 58/14 pce 83/28 62/16 pc Little Rock 88/31 68/20 pce 89/31 67/19 — pc. Raleigh-Durham 77/25 59/15 t 85/29 64/417 + Lw71°F/22°C ai om ane a Sy s : 17 rire r
Boston 68/20 54/12 pc 77/25 62/16 pc Los Angeles 81/27 63/17 pc 78/25 62/16 pc St. Louis 92/33 72/22 pc 93/33 72/22 s oo > aan ee Spacey
Buffalo 80/26 57/13 pe 80/26 62/16 pc Louisville 88/31 66/18 s 91/32 6447 s Salt Lake City 94/34 65/18 s 94/34 63/17 5s GREAT INAGUA Tokyo ee 79/26 67/19 sh 81/27 67/19 s
Charleston,SC 81/27 63/17 t 86/30 67/19 t Memphis 92/33 72/22 pce 93/33 72/22 s San Antonio 93/33 74/23 pce 90/32 73/22 ¢c High:91° °c Toronto pears 89/97 6I/16s 85/29. 62/16
Chicago 88/31 62/16 pc 89/31 66/18 s Miami 85/29 74/23 t 86/30 74/23 t San Diego 70/21. 62/16 pe 70/21 62/16 pe 9 ae ied Trinidad | 91/32 66/18 s 90/32 64/17 S
Cleveland 80/26 56/13 pc 86/30 61/16 s Minneapolis 90/32 69/20 pce 84/28 68/20 t San Francisco 72/22 55/12 pce 68/20 53/11 pe Low: 77 F/25° Vancouver =i; (Cti‘éC AND «(455/12 pc 64/17 53/1 c
Dallas 88/31 70/21 t 86/30 70/21 ¢t Nashville 88/31 65/18 pe 91/32 64/17 $s Seattle _ 67/19 52/11. pe 65/18 50/10 c¢ : eee Vienna 87/30 65/18 pc 75/23 59/15 t
Denver. 86/30 57/13 pce 91/32 59/15 pc New Orleans 88/31 71/21 t 90/32 72/22 s Tallahassee 90/32 68/20 t 93/33 68/20 pe - % Warsaw : “86/30 64/17 pc 79/26 59/15 pc
Defra a5 63/17 pc 88/31 66/18 pc New York 71/21 60/15 pe 84/28 68/20 pc ‘Tampa / 88/31 73/22 t © 88/31 73/22 tt Winnipeg =i (atsti‘ onolulu 75/23 pce 88/31 75/23 s Oklahoma City 85/29 67/19 t 84/28 66/18 t Tucson 105/40 74/23 s 102/38 74/23 s sn weuel S 3 7 e is
Houston 90/32 73/22 t 89/31 71/21 t Orlando 89/31 72/22 t 89/31 73/22 t Washington, DC 75/23 62/16. pc 84/28. 65/18 pg = ey ae eee. ee a pA Hie Hoe Ta ee Tetrece
PAGE 14B, FRIDAY, JUNE 15, 2007 THE TRIBUNE

TL LL ae
Government to reduce home down payments.

FROM page one

Other measures included
incentives for partnerships with
Bahamian property developers
to construct homes and rental
units throughout the Bahamas,
and make available loans

through the Bahamas Mortgage

Corporation to homeowners

and landlords for repair and.

renovation of their properties.
Mr Laing said the new gov-
ernment had introduced a new
programme to help the middle
class - the Self Starter pro-
gramme.
“$1 million is being provided

in the 2007-2008 Budget for the
introduction of a Self-Starter
programme to empower young
people seeking to establish or
expand small business,” he
added. “The Self-Starter pro-
gramme will include a Self-
Starter network online research
facility, business counselling and

direct training linkages to
NGOs, the BTVI and the Col-
lege of the Bahamas.”

Mr Laing said funding will
also be provided to aspiring
entrepreneurs to acquire tools
and supplies for the ventures.

He added that it was impor-
tant for the Bahamas to have

“an enlightened immigration
policy, which can be seen as a
partner in the development
process of the country, coupled
with a National Land Policy.

“The immigration policy
ought to be seen to be as a part-
ner in the development process,
and there should not exist a cir-
cumstance in which the nation-
als feel as if they are under
siege.

“Tn countries such as ours, we
don’t have a lot of natural assets
but we have a lot of crown land.
Any government interested in
preserving and protecting the
middle class will see use of that
asset as a critical catalyst to
ensuring that exactly that hap-
pens.”

However, despite these mea-
sures, Mr Laing said Bahamian
citizens have to have a stable
quality of life and feel they have
an input in the way they gov-
ern themselves.

Despite all the measures put
in place by the Government, Mr Zz
Laing warhed that economic B ZHIVARGO Laing ;

empowerment of Bahamians t

will not be fully realisied unless

there is private initiative, plan-
pede as



ning and execution.

He said there were a number
of government entities commit-
ted to protecting and promoting
economic empowerment,

including BAIC, the Bahamas
Development Bank and the
Government Guarantee Loan
programmes, which provide
funding for up to 80 per cent of
some projects, and the venture
capital fund.

ae a Tae lds ~

i ee ane a = j 1



Reka a i g aoe eae

FEATURING “THE QUEEN OF SOCA”

DESTRA WITH ATLANTIK

K.b. c





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

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



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(JUST OFF TUCKER ROAD/THOMPSON BLVD.)

IS OFFERING AN INTRODUCTORY

15 % OFF

ALL MENU ITEMS
STARTING JUNE 11TH—AUGUST 25TH 2007

OPEN TO THE GENERAL PUBLIC

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