Citation
The Tribune.

Material Information

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

Subjects

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

Notes

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

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Source Institution:
University of Florida
Holding Location:
University of Florida
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BAHAMAS EDITION



Volume: 103 No.201



TUESDAY, JULY 24, 2007



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Privy Council slams judge

Justice Jon Isaacs ‘produced [I QWANRAT Caner osc Comme Cee house’

serious miscarriage of justice’
-in drug extradition case

@ By KARIN HERIG
Tribune Staff Reporter

THE London based Privy
Council has heavily criticised
Justice Jon Isaacs for produc-
ing “a serious miscarriage of
justice” in the drug extradition
case of Lemuel Gibson.

The US government had
been seeking the extradition of
Gibson — with his co-accused
Samuel Knowles and Frank
Cartwright — from ths Bahamas
to stand trial on rug charges
in Florida.

However, the extradition has

to this date not taken place as
Justice Isaacs granted the three
men their habeas corpus appli-
cations and released them.
' The Privy Council, in giving
its majority judgment yesterday,
declared that Justice Isaacs’
conclusion was “astonishing”.

“Indeed no court has since
suggested that it could possibly
be supported. Their Lordships

readily acknowledge that it pro-
duced a serious miscarriage of
justice,” the Privy Council stat-
ed in its judgment.

Even in a dissenting judg-
ment delivered by three Lords
in this case, Justice Isaacs’ ruling
was most severely criticised.

“No one now suggests that
this extraordinary pedantry
could be justified or that it did
not produce a serious miscar-
riage of justice,” Lord Hoffman,
Lord Carswell and Lord Mance
stated. ;

According to court docu-
ments, Gibson — together with
his co-accused Knowles and
Cartwright — were indicted by a
federal grand jury in Southern
Florida on charges of conspira-
cy to import and distribute large
quantities of cocaine and mari-
juana into the US.

In January 2001 the US
requested the three men’s extra-

SEE page 10.

Viktor Kozeny appears

in Supreme Court

@ By NATARIO McKENZIE





@ THIS car crashed into a house on Nassau Street after the driver reportedly lost control on Sunday night. A female passen-

ger was taken to hospital following the accident.
(Photo: Tim Clarke/Tribune staff)

‘Sears questions minister over Morton Salt
| manager's

Probe into cause |
of construction

CZECH-born investor Viktor
Kozeny appeared in Supreme
Court yesterday as his defence
began making submissions over
a habeas corpus application, chal-
lenging the request for his extra-
dition to the United States.

Last September Magistrate

Carolita Bethel approved
Kozeny’s extradition to the US
where he is wanted to face
SEE page 10 @ CZECH-born investor

Viktor Kozeny



workers’ illness
at school site

_@ By ALISON LOWE

Tribune Staff Reporter Sears asked the Minister of
: Health to explain to the House
GOVERNMENT is awaiting | i of Assembly yesterday how the
cause of illness among construc- p Feirigeration) system in: the
tion workers employed at the site morgue. in Grand Bahama

: could break down and not be

ministry of works : corrected for over 24 hours —

approved American company :

Crown land to be available to Bahamian »
investors at concessionary J

the results of a probe into the :

of the T G Glover school.
The

GES’ removal of samples by

means of “deep core boring” on ;
the Horseshow Drive site three :
weeks ago so that a report.on the }
source of the ailments can be gen- :

morgue refrigeration system —

| ll By PAUL TURNQUEST

Tribune Staff Reporter
FORT Charlotte MP Alfred

causing bodies to decay beyond }
a condition that they would be :
suitable for viewing at a funeral. :
who.
bodies of which the MP spoke. were set on fire
: i By PAUL TURNQUEST
mother in that.state caused :
“tremendous anguish and trau- :

Mr Sears’ mother,
recently died, was one of the

Mr Sears said that finding his

SEE page 10



ates

report that
three trucks

Tribune Staff Reporter
TENSIONS continue to esca-

:-late in Inagua, as Morton Salt
: Managers reported yesterday
: that three of their 2006 F-150
: trucks were'set on fire following

a “temporary” three week layoff

of 52 employees.

According to a statement

The Taste on Tuesdays !!
Buy any large pizza with 2 or more.
toppings & Get a medium
1-topping pizza absolutely



ime! n- |» CROWN LAND will be made
page ae A Works Min- : available to Bahamian investors at

The last of the soil samples : concessionary rates for business ven-

: : tures, particularly in the Family
oe eesti a ies :; Islands, Labour Minister Dion
, : Foulkes told the Senate yesterday.

an enetat Ch retiedioat Giving his contribution to the upper
O fiicer Merceline Dahl Regis : chambers’ debate on the Speech from

GES were reportedly already : the Throne, the FNM senator said
: . 7 ¢ that making crown land available to
ue tee pales Korn ne 4 Bahamians is only one of the initia-
ane vars Mt Devedu sate iat. 7 tives his openiieet is pursuing which
while the Department of Envi- : g F 8

tonmental Health bad camiecout 3 will lead to the empowerment of local

7 nvestors.
tests in the area previously, these iavinv
were only pen iron supetticlal: : “We can only transform this econ-

omy by ensuring that — individual
SEE page 10 SEE page 10

i issued yesterday from Morton
: Salt, the trucks, which are typi-
: cally used by supervisors, were
: found with punctured gas tanks
: and cut gasoline lines with
i “charred” pieces of paper on
: the ground near the trucks.

i Police officials believe that
: the vandals were attempting to
i ignite the trucks’ fuel tanks but
: were disrupted.

: The manager of administra-
i tive services for Morton Salt,
i Mr Vivian Moultrie said on

SEE page 10




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PAGE 2, TUESDAY, JULY 24, 2007

THE TRIBUNE



Minnis plans to outsource garbage |

collection in bid to clean up Nasau |

@ By ALISON LOWE
Tribune Staff Reporter

THE Government is making
plans to “outsource” garbage
collection in some areas to pri-
vate companies in a bid to
clean up Nassau’s litter prob-
lem.

Dr Hubert Minnis said he
believes the move is necessary
if declining tourism numbers
are to be turned around, as 50
per cent of visitors polled by
the Ministry of Tourism com-
plained of what Dr Minnis

termed “straightforward nasti- -

ness” in New Providence.
Currently the government

Yesterday, Health Minister |

owns 11 dump trucks. At any
given time, only seven or eight
of those are in operation, while
two or three are “non-func-
tional,” according to Dr Min-
nis. While the government has

ordered five more, some more _

immediate solution must be
implemented to address the
complaints, he said.

. “Despite working 24 hours
a day, seven days a week, they
can’t keep up,” Dr Minnis
claimed.

“Should we wait for nine
months (the length of time it
will be before the new vehicles
arrive) or should we deal with
the problem? And therefore
the solution right now would

be to outsource it, so we can
concentrate on certain areas
and clean up the place once
and for all,” he said.

The health minister, who has
responsibility for solid waste
collection and _ disposal,
explained that New Providence
will be divided into “zones”,
with certain of those zones out-
sourced in a bid to put a dent in
the garbage build up.

Dr Minnis said that, in light
of the importance of tourism
to this country’s economic well
being, along with his own per-
sonal investigations into the
seriousness of the problem, it
would be “inhumane” of him
to allow the problem to con-

tinue to mount.

The minister said that he had
informed staff to get the con-
tracts out to bid “as soon as
possible.” A two to three week
bidding process will then be
carried out before contracts are
awarded and the private com-
panies take to the streets to
clear up the garbage.

In this way tourism could be
“saved”, along with jobs in
related industries, such as con-
struction.

“Tourism is our lifeblood,”

‘said Dr Minnis. “It provides 70

per cent of our employment,
directly or indirectly, and
around 40 per cent of our
GDP.”

Numerous Nassau residents
have also contacted The Tri-
bune in recent years to com-
plain about the mounting prob-
lem of uncollected garbage,
and the knock on effect it can
have on sanitary conditions in
residential and business areas.

Some locals claim their rub-
bish is collected on a very
inconsistent basis, with up to
three weeks allegedly passing
between garbage collections in
certain areas.

One Village Road resident,
in a letter to the editor last
week, said that overflowing
refuse had led to an infestation
of “flies, maggots and rats”
around his home?



Bethel calls for more partnerships between business and education

THE business community has

been asked to join in the effort _

to reform the struggling public
education system.

Minister of Education Carl
Bethel called for partnerships
between private sector entities
and the government, noting that
businesses are searching for
graduates who are trained, able
to perform and predisposed to
becoming contributing mem-
bers of society.

“It is for these reasons, the
development of the public/pri-
vate partnership arrangements
through the Ministry of Educa-
tion is vital. We have to have an
educational system that meets
the developing and the ongoing

.ever-changing needs of this
dynamic society,” Mr Bethel told
business leaders at the Bahamas
Chamber of Commerce “Meet
the Ministers” forum.

Mr Bethel noted that there is -

only one plumber operating on
the rapidly developing island of
Great Exuma. He said it is situa-
tions like this that have caused
the educational system to be
expanded to make technical

trades more available to.students.

“The move has been to
expose all students, even acad-
emically gifted ones, to some

element of technical and voca-.

tional training. The idea is to

bring everything up to the same
level,” Mr Bethel said.

“That is why the technical
and vocational subjects are in
the BGCSE exams now,
because it is an attempt to give
certification and validity, not
only to the academic side but
to technical and vocational sides
as well.” :

Mr Bethel mentioned several
other challenges the education
system is currently facing: “The
failure to have built schools at
all over the past several years is a
critical situation, particularly in

the southwest New Providence, °

.where we are taking urgent

remediation steps at this present:

time, to address the shortfall in
schools by having to add class-
rooms for the time being,

“But more fundamental than
that is a significant portion of
schools have reached the end
of their useful lives,” Mr Bethel
said. He said these schools

‘include the prefabricated build-

ings constructed during the sec-
ond great expansion in educa-
tion in the mid-1970s, which had
a 25-year lifespan and are now
in their 30th year of existence.

As a result, he said, there is

going to have to be a massive |

Teinvestment in'School building
ap the sept ate years.

.«. Minister Bethel, said another



Hi MINISTER of Education, Sports, Youth and Culture Carl
Bethel spoke on the challenges facing his ministry at the first
ever Minister’s Forum held by the Chamber of Commerce.

“critical issue” facing education
is the question of adapting the
curriculum to produce students
who are comfortable in their
‘learning environment, and com-

fortable with what they are.

learning.

He said the education system
needs to be able to handle stu-
dents who are challenged in the
classroom, so that they are not
shunted to the side and allowed
to graduate with little or no
skills.



(Photo: BIS/Patrick Hanna)

‘The minister said greater
emphasis is being placed on
identifying students with
speech impairments, learning
difficulties and those who
learn in a different way than

others. He said they will be.

given extra services to bring
them up to the same level.
Mr Bethel also admitted

that some “deep issues” exist.

in terms of curriculum devel-
opment.

He'explained that the
exams students must take
before graduation are based

upon the application of knowl-

edge. “What I mean,” he said,

“is in the old way of training,
they just memorised. They
memorised the six wives of
Henry the Eighth, they mem-
orised the date of the Battle of
Hastings, they memorised the
day when the Eleutheran
Adventurers came.

“They were not taught to
apply that knowledge in a
meaningful way. But thinking
in education changed. The
curriculum and the method of
teaching have not caught up
with where the exam is,” Mr
Bethel said.

He said the FNM govern-
ment has fulfilled three of its

promises — significantly

increasing the number of
scholarships available to
Bahamians for tertiary level

education; resuming the pay-:

ment of one half of the inter-
est of the education guaran-
teed loans and investing “‘mas-
sively” in the repair and refur-
bishment of school buildings.

“The task of repairing
schools greatly exceeds what
you can imagine the cost of
and the extent of it,” he said.
“At last count, 159 active
works of renovation and con-
struction are going on, and in
some schools there are two or

three separate projects going

on.

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© In brief

48-year-old
in hospital

_ following
shooting

A 48-YEAR-OLD man was
shot in the groin on Sunday
night and is listed in serious but
stable condition at the Princess
Margaret Hospital.

According to police chief
superintendent Hulan Hanna,
a 24-year-old man has been
arrested and is in police custody
in connection with this matter.

The victim, Carl Lopez, was
reportedly in the area of Farmer's
market, Baillou Hill Road south,
sometime around 7.40pm.

Officers responded to a
report of the shooting and dis-
covered Mr Lopez, who
informed them that he had been
accosted by a young man who
discharged several shots in his
direction, hitting him in the
“lower body area”.

The suspect reportedly escaped
the scene in a red Daewoo.

Officers later took a resident
of Sunshine Park into custody.
He is reportedly helping the
police with their inquiries.

Mr Lopez’s condition is
described as serious but is not
believed to be life threatening.

Also sometime around 8pm
on Sunday, an 18-year-old resi-
dent of Pinewood Gardens was
arrested in the Yellow Elder
area in connection with the dis-
covery of three live rounds of

_ ammunition.

An individual is expected to
be brought before the courts
sometime this week in connec-
tion with this matter, police said.

Lifting finance
rules could
double trade
with Cuba

m@ CUBA
Havana



AMERICA’S: trate: with
communist-run Cuba could
double if the U.S. lifted limits
on financing agricultural sales
to the island, the US Interna-

tional Trade Commission says
in a report released this week,
according to Associated Press:
“All agricultural commodity
sectors would likely benefit
from the lifting of the financ-
ing restriction,” said the 180-
page report released Thursday.

Under an exception to the 45-
year-old US embargo on Cuba,
American producers can sell
food and agricultural products
to the Caribbean nation on a
separate excep-
tion allows sales of US. medi-
cines and medical supplies to
the island.

American farm producers
complain the transactions were
slowed beginning in 2005 by
new US rules requiring them to
receive payment from Havana
before shipping their goods.

The commission’s report was
welcomed by the USA Rice
Federation, which opposes the
financing rules and supports leg-
islation to lift US trade and trav-
el restrictions on Cuba.

“The United States was the
principal supplier of rice to
Cuba béfore sanctions were
imposed, and will be again once
they are removed,” said Mar-
vin Lehrer, USA Rice senior
consultant for Cuba.

Havana says it has spent
more than $2.2 billion on Amer-
ican farm products and related
costs since 2001, when it began
taking advantage of a US law
allowing the deals.

Regular
Bahamas
visitor passes
away

LONG time visitor Fosdick
of Ann Arbour, Michigan died
on Friday July 20.

Mr Fosdick, was a regular
winter resident in the Bahamas
for more than 30 years, stayed
in the Carefree apartment com-
plex on Cable Beach.

Ui
EXTERMINATORS
MM tsb al by
PHONE: 322-2157



THE TRIBUNE TUESDAY, JULY 24, 2007, PAGE 3

LOCAL NEWS





Oln brief

Man faces
charge of
robbing cell
phone booth

A MAN accused of rob-
bing a cell phone booth was
arraigned in Magistrate’s
Court yesterday.

Lewis Alexander Williams,
27, of Pinedale, appeared in
court 11 on Nassau Street
yesterday on the charge of
armed robbery.

It was alleged that on Sat-
urday June 9, while armed :
with a handgun, Williams
robbed Erold Joseph of $300 :
cash as well as $300 worth of
assorted of cellular phone
cards property of the Talk-a
Lot phone card booth on
East Street South.

Williams was not required
to plead to the charge and
was remanded to Her
Majesty’s Prison, Fox Hill.

A preliminary inquiry is
scheduled to take place on
October 26.






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LAW Enforcement officials making a final count of the suspected drugs discovered aboard a
Bahamian-registered vessel on Sunday night. The illegal drugs were discovered during a routine
search of the vessel by marines assigned to the Harbour Patrol Unit of the Defence Force.

Three arrested.
after police find |
huge drugs haul

LAW Enforcement officials
loading suspected drugs into a
vehicle at the Harbour Patrol
Unit facility on Sunday night.

Man accused
of firearm and
‘marijuana
possession

A MAN, 32, of Rocky Pine
Road was arraigned in Mag-
istrate’s Court yesterday on
weapons and drug charges.

Antonio Adams appeared
before Magistrate Carolita
Bethel at court eight in Bank
Lane.

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It is alleged that on Friday,
July 20, Adams was found in
possession of a black Block

.9mm pistol.

‘It is also alleged that on the
same day, he was found in
possession of 40 9mm bullets
and a quantity of marijuana
which authorities believed he
intended to supply yo anoth-
er.

The prosecution is claim-
ing that Adams was found in

‘possession of 335 grams of
marijuana.

Adams pleaded-not guilty
to the charges and:was grant-
ed bail in the sum of $15,000.,

The matter was adjourned
to February 19, 2008.







THREE men are in police
custody after the discovery of
suspected illegal drugs onboard
a boat.

The men were apprehended
by the harbour patrol unit of
the Royal Bahamas Defence
Force on Sunday evening near
East End Point in New Provi-
dence.

“During.a patrol of this area
at 7.30pm, marines assigned to
the patrol craft HMBS P-114
stopped a 22-foot open motor
craft along with its occupants
for a routine boarding search,”
said the Defence Force in a
statement released yesterday.
“A search of the vessel uncoy-
ered a quantity of packages of
suspected illegal contraband
aboard the craft.”



Share
your
news

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

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





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The suspected drugs. were
eventually taken to the Harbour
Patrol, where a more thorough

search of the vessel was con- .

ducted along with officers of the
Drug Enforcement Unit (DEU)
of the police force.

According to the statement,
12 duffel bags and eleven 11
small packages. of suspected
marijuana were uncovered dur-
ing the search.

Two Bahamian men and one
Jamaican are in police custody
in connection with the incident
and are helping officers with
their inquiry.

“Tn maintaining its mandate,
the Defence Force has contin-
ued to be vigilant in its fight
against illegal activities within
Bahamian territories,” the state-
ment continued. “Patrol craft
and personnel are stationed at
strategic points throughout the
Bahamas, to ensure that perpe-
trators are caught and brought
to justice.”

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PAGE 4, TUESDAY, JULY 24, 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, PO. Box N-3207, Nassau, Bahamas
Insurance Management Building., P.O. F-485, Freeport, Grand Bahama

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

Malcolm Adderley tells his tale

WHILE THE MEDIA and his party col-
leagues try to entice Elizabeth MP Malcolm
Adderley to.the telephone so that he can tell
them in plain, simple English his intentions
for his political future, Mr Adderley had
already done so by allegory as a prelude to his
recent contribution to the budget debate.

Young reporters did not understand his
allusions to the past. They did not understand
his subtle innuendoes, the fact that he was
playing a game of cat-and-mouse with his
political colleagues and inwardly laughing at
their discomfort. Consequently, what he said
was not published. If they had understood
they would have known that their questions
about his future had already been answered.

Mr Adderley described his hopeless situa-
tion during the election campaign by telling the
story of a leaking little dingy, pushed into a
raging ocean with a captain who didn’t know
how to sail. It was only his loyal foot soldiers
of the Elizabeth constituency who stood by
him, supported him and brought him safely to
shore, while colleagues watched from the
seashore hoping the small boat would founder.

This is how Mr Adderley told in allegory his
hopeless situation as a PLP contestant for the
Elizabeth constituency in the May 2 election.
Mr Adderley won the seat and was returned to
the House, but apparently without the sup-
port of his political party.

“Mr Speaker, in May of this year I was put

ei

Elizabeth, there were times when they became
discouraged because of the cries of those from
Elizabeth. But those who stood on the shore
looking from without... Yes, sir, it was not
an easy voyage.

“At one point the crew cried out, ‘Cap-
tain, Captain, what should we do, sir? What
should we do, sir?’ I could only turn to them
and in a cool and collected voice said: ‘It ain’t
long now! There’s no turning back!’

“As a result, sir, we went in the raging
storm. And I am back, Mr Speaker, I am back,
ready, willing and able to perform at my very,
very best. The last five years sitting on the
back bench is rough, you know.

“And.as a former teacher, Mr Speaker, I
sound like a rude boy who is being punished,
but that’s neither here nor there. But, never-
theless, sir, my experience over those years

.. has prepared me for greater service in the
future in this country. If it was not for your
commitment (Elizabeth), your love and loyalty
I would not have been here to serve. Eliza-
beth, you have shown this country your
endorsement of me as the one you wish to
carry your message. I will be your ears, I will
be your eyes and believe you me, I’ll be your
mouth in and out of these honourable halls,

believe you me. Elizabeth, when the storm .

was raging the mv SS Elizabeth was put out to
sea and there were those who stood on the
shore wishing that it would not reach the

e:

Forward,
upward or

EDITOR, The Tribune

Many speak profoundly of
the morning on July 10, 1973
when the tide of the ordinary
Bahamian life changed in a
minute, through independence.
Others comment on the endless
years of struggles which were
compiled in the years of colo-
nialism and slavery and now we
are free to make our own deci-
sions and speak for ourselves
in the councils of the world.

This year we are celebrating
our forebears. It is a known fact
that many of the forebears of
our country are men and
women of colour who fought
against the rigours of oppres-
sion to uplift the masses of
Bahamian people who were
silenced because of their hue.
It was a small few who rose up
amidst the odds, and travelled
to other countries and in some
aspects worked in the attain-
ment of civil liberties of
coloured persons in other coun-
tries, like the United States.
Though the whole process was
exigent, they used the exposure
gained from these experiences
to return to their small country
to assist in achieving liberties
that the average black person
only dreamed.

Dr Myles Munroe, in a sober-
ing message at the Indepen-
dence Ecumenical Service on

LETTERS

letters@tribunemedia.net



July 8, 2007, spoke of indepen-
dence and the benefits and curs-
es of such an attainment, both
of which we are accessible. At
first glance around the Kendal
Isaacs Gymnasium you see
noticeably missing the popula-
tion of “white Bahamians.”
Incidentally though, the Deputy
Prime Minister of the Bahamas,
a white Bahamian, himself, was
present, however, his wife was
not present.

On the contrast, the Prime
Minister brought his wife and
other family members as did
other Cabinet Ministers. Simi-
larly, at the flag raising cere-
mony and cultural show on Clif-
ford Park this same “white”
population was again missing.
The inclination of thought is
that the “white Bahamian”
would not have any other affil-

iation with this country, the

Bahamas, other than for the
economic gains that they have
achieved and continue to
achieve at the expense of the
black citizenry, and their clever
prospect of attaining the lead-
ership of this country once
again. While the Bahamas was a
colony, we recognised that the

backwards?

ruling “white” class controlled
the economy and the leadership
of the country, thus, they fed
the monster of oppression of
the black class who depended
solely on them for their liveli-
hood and maintained loyalty to
them so that they could eat and
their family would be safe.

It is no secret that this minor-
ity “white” class is slowly and
discreetly planning their resur-
gence again. Prime Minister,
Hon Hubert Ingraham recently
named the remainder of the
Board Chairmen to include
Barrie Farrington, who has had
previous affiliations with the
United Bahamian Party (UBP),
the preceding white ruling par-
ty of the Bahamas who blatant-
ly disrespected, exploited, and
demoralised black Bahamians.
We recognize that many of
these appointments had to be
made, though they may be
regarded as iniquitous because
if the “white” merchants funded
the Free National Movement’s
campaign, then they are to be
rewarded, to the compromise
of promises made by Mr Ingra-
ham, himself. Is our country
going, forward, upward,
onward, or are we going back-
wards?

ABAGAIL CARTWRIGHT
Nassau
July 13, 2007,

Request for future Days
Gone By page subject

_ EDITOR, The Tribune

: . te in Miss World and __ orah Major-Frazier was 2nd

out to sea in a small dingy called the motor shore. You stood to the left, you stood to the eee ‘ : :
: * : 2 then in 1968 the Miss Interna- runner-up in the Miss
vessel SS Elizabeth,” Mr Adderley told the. "right, you stood to the front and back of me, I WOULD like to say whata tional Bahamas contest was Caribbean World contest in

Speaker. “Sir, I ain’t no island boy. I have
roots in the great island.of Long Island. Mal-
colm, Sr came from Burnt Ground north.”
He said his mother’s family came from the
other end of Long Island — South End around
Mortimers. as
Mr Adderley said that when he was a young
man at SAC he could manage to run — the
member for Clifton and the member for Bain
Town should remember those days, he said. “I
could manage to run, but you know my
strength was never swimming. So you know I
must have been in trouble in this small dingy.
“This dingy had holes from front to back,”
he continued. “It-had no sail; it had no motor;
it did not even have’a rudder, but, far away
from Elizabeth I was lost at sea. At the time
the sea was raging, the waves were blowing
and there were those on the shore who were
anxiously awaiting with baited breath to see
_ the motor vessel SS Elizabeth sink. Despite the
tremendous courage of the crew on the mv SS

sheltering me. The more the winds and the
rain blew, you even refused to let me get wet,
you held my hand on the wheel, keeping it
steady as we weathered the storm together.
You, Elizabeth you kept my spirit high you
told me don’t worry our dingy is going to
make it to shore.”

Before the sun set that rene they had
arrived safely on shore.

Mr Adderley was returned as re MP for
Elizabeth, without, according to this story,
help from his political party — the PLP.

As he spoke to the House, he said his soul
was dancing. These were the parting words
of Sir Cecil Wallace Whitfield, who said that
not only was his soul dancing, but that at last
it was free, when he, a cabinet minister, walked
out on ‘Sir Lynden.and the PLP. ‘Was it with
these same words that Mr Adderley was now
saying farewell to his political party — a par-
ty that had for five years suffocated his ambi-
tion to serve?



wonderful paper The Tribune
is and I enjoy reading it every-
day. As a lover of history I
especially enjoy your Days
Gone by section which is fea-
tured regularly is your fine
pages. I would like to make a
suggestion for your Days Gone
By section.

How about covering the dif-
ferent Beauty Contests over

. the years. In the 1960’s, 1970s

and the 1980’s the Pageants
were big glamorous events. In
the 1960’s it took the form ofa
dinner dance. There was Miss
Bahamas started in 1961 were
the winners went to Miss Uni-
verse starting in 1963. There
was Miss Jaycee Bahamas in
1966 in which the winner
Dorothy Cooper Horton
became the first Bahamian to

formed and the winners
went to Miss World. A few
years later the name was
changed to Miss Common-
wealth Bahamas.

Some of the Bahamas’ most
elite women entered the con-
test and only finest of people in
the society were selected as
judges. The pageant always

included top notch entertain-

ment and over the years many
prestigious out of town guests
and international celebrities
attended.

Leonora Rodgers-McCart-
ney, the first runner-up in the
first Miss Bahamas contest in
1961 later took over the crown
from Brenda Major-Barry went
on to win the Miss Pam of
Tourism contest in Haiti com-
peting against girls from The
Caribbean, Central and South
America, Canada, USA among

others. In 1972 Miss Bahamas .

Trinidad. Miss Bahamas 1980
Linda Teresa Smith Holowesko
won the Miss Amity Award at
the 1981 Miss Universe pageant
in New York City USA, Miss
Bahamas 1981 Ava Marilyn
Burke Thompson won the Miss
Photogenic Award at the 1982
Miss Universe pageant in Lima
Peru. Miss Commonweaith
Bahamas Jody Weech of Bimi-
ni made the top 10 at Miss
World in 1992 winning the title
Miss World Caribbean and Miss
Bahamas 2000 Nakera Simms
won the Miss Congeniality
Award at Miss Universe 2001
in Puerto Rico.

I think people would be inter-
ested to see clips from the
pageants of yesteryear. You
could maybe go from year to
year or something: It is just a
suggestion. Keep up the good
work. All the best in the future.

Deborah Taylor Meade of A LONGTIME LOYAL
Bimini placed 1st runner-up in FAITHFUL TRIBUNE
the Miss Tourism Caribe con- READER

test in Venezuela, Miss Com- Nassau

monwealth Bahamas 1979 Deb- July, 2007

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EDITOR, The Tribune

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JUDGE Anita Allen should recuse herself.

During the just concluded general election campaign we had
occasion to refer to Algernon Allen who openly showed his support
for the PLP. It will be remembered that Mr Allen as an FNM can-
didate was defeated by a “rookie” politician in the 2001 General
Elections. He subsequently went into hibernation and thereafter we
did not hear from him.

As the 2007 General Elections campaign took off Mr Allen
emerged along with other disenchanted former FNM politicians and
threw his full support with the PLP.

The FNM under the outstanding and capable leadership of Mr
Hubert Alexander Ingraham, emerged as the winners of the Gen-
eral Elections. We have since had published several reasons why the
PLP lost and we stated “when the PLP embraced those individuals
whom we would categorise as ‘FNM rejects’, that was a mistake
and....those individuals galvanised the FNM supporters”.

At the first town meeting prior to the 2001 general elections
when a distinguished panel presented their views concerning the
proposed referendum, Archbishop Gomez expounded on “per-
ception” and was quite convinced that the referendum would fail.
In the present matter, the election court cases, we submit the fol-
lowing — Judge Anita Allen is undoubtedly a very capable Judge
and is highly respected, however, we are of the view that she
should recuse herself as one of the two Judges.

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THE TRIBUNE

TUESDAY, JULY 24, 2007, PAGE 5





Canadian PM

lauds security
improvement

in Haiti

@ HAITI
Port-au-Prince

CANADIAN Prime Minister
Stephen Harper on Friday
praised Haiti’s improved securi-
‘ty climate but said people in the
impoverished Caribbean nation
still face “enormous challenges”,
according to Associated Press.

Wrapping up a weeklong tour
of Latin America and the
Caribbean, Harper toured the
notorious Port-au-Prince slum of
Cite Soleil, which had been con-
trolled by armed gangs until UN
peacekeepers launched a fierce
crackdown earlier this year.

“It is apparent that the people
who live there feel increasingly
secure,” Harper told reporters
during a joint news conference
with Haitian President Rene
Preval.

Despite the improvements,
Harper said “you see how diffi-
cult life is for most people” in
Cite Soleil, considered the poor-
est neighborhood in the Amer-
icas and where people live in
rows of dirt-floor, bullet-scarred
hovels with no electricity or run-
ning water.

- “There are enormous chal-
lenges that people face,” said
Harper, who was making his
first visit to the country. .

Haiti is still struggling to
recover from a crippling 2004
revolt that toppled former Pres-
ident Jean-Bertrand Aristide
and prompted the deployment
of a 9,000-strong U.N. peace-
keeping force.

Police find
car of Swiss
professor in
killing probe

@ JAMAICA
Kingston

A SWISS professor’s sport-: :
utility. vehicle was recovered” :

Friday by police investigating
his possible avant. according
to Associated Press.

The body of Peter Vogel, a
60-year-old zoologist, was found
Thursday gagged with his hands
and feet bound inside his home
on the University of the West
Indies campus in Kingston.

Sgt Radcliffe Levy said police
- recovered Vogel’s. Suzuki
Vitara, which was missing from
his home along with a comput-
er and television.

The university said it has
assigned additional guards to
patrol the residential area of its
Mona campus at night. It said a
back door of the professor’s

home was open, but there was . :

no sign of forced entry.

Vogel, who came to the Uni-
versity of West Indies in 1985,
specialised in the study of birds
and amphibians, including the
Jamaican iguana.

Cases of West
Nile virus
confirmed in
Puerto Rico

m@ PUERTO RICO
San Juan

TWO human cases of West
Nile virus have been confirmed
in Puerto Rico, and one other

probable case is awaiting final .

lab tests, health officials said
Friday, according to Associated
Press.

The West Nile virus, which
was first reported in the US
Caribbean territory in 2004, was
detected when the infected peo-
ple donated blood, Health Sec-
retary Rosa Perez Perdomo
said. Since the virus can be
spread through transfusions,
blood banks screen for the mos-
quito-borne virus.

The two infected islanders,
whose identities were not dis-
closed, were Puerto Rico’s first
human cases of West Nile this
year.

. Government epidemiologist
Enid Garcia Rivera said the two
people from an unspecified area
on the Caribbean island’s east
coast, where several birds have
recently tested positive for West
Nile, have not shown any symp-
toms of the disease.

West Nile is transmitted
through the bite of a mosquito
that has picked up the virus by
feeding on an infected bird.

Health officials say the virus
typically causes symptoms such
as fever, nausea, headache and
muscle aches in about 15 per
cent of those infected, and that
the large majority experience
no symptoms.

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Healthy living
programme is
launched at Rand

@ By DENISE MAYCOCK
Tribune Freeport Reporter

FREEPORT - The number
of hypertensive and renal
patients coming in to the Rand
Memorial Hospital is increas-
ing on an almost daily basis, it
was revealed yesterday.

In the effort to combat the
poor lifestyle choices that can
lead to these illnesses, hospital
officials announced plans for
the launch of the 100-day
Healthy Lifestyle Challenge
on Grand Bahama.

At a press conference held
at the Rand, hospital adminis-
trator Sharon Williams intro-
duced committee members for
the new health initiative, which
will be officially launched by
Minister of Health Dr Hubert
Minnis.

Betty Kemp, dietitian at
Grand Bahama Health Ser-
vices, said: “Everyday within
the hospital here we are greet-
ed by a whole lot of newly dis-
covered hypertensive patients,

‘and more and more everyday

we are seeing a whole lot of
renal patients, to persons with
kidney disease, resulting from
uncontrollable hypertension

i and diabetes.”

Ms Williams said that a 10-
member committee has been
appointed with the responsi-

bility for this year’s new
healthy initiative.

“This week, we are getting
set by further advertising, com-
municating and continuing the
registration of the programme
in Grand Bahama ... so that
when the minister says go at
the end of this week, we will be
ready to begin our 100-day
milestone in Grand Bahama.

“This effort challenges not
only the community, but the
community health leaders to
get in the trenches and active-
ly work alongside with the indi-

viduals and groups toward ~

changing the practice of the
way we live for a healthier
future,” she said.

Nursing officer Yvonne
Clarke, co-ordinator for
Healthy Lifestyle, said that
preliminary work is underway
in Grand Bahama, where they
are looking for groups to reg-
ister for the ‘healthy dozen
club’ challenge.

She said the groups can con-
sist of any number of persons,
and each group member must
fill out a registration form.

Once persons are registered,

they will undergo a screening
process conducted by healthy
lifestyle committee members.

Participants will be issued a
healthy dozen club passport
which consists of health tips

and guidelines they can follow. . |

“We are seeking to partner
with the Grand Bahama Can-
cer Society, GB Diabetic and
the GB Heart associations, as
well as with various institutions
such as health spas and clubs,
and gyms,” she said.

Ms Clarke also noted that a
number of activities will be
implemented, including a
‘water day’, ‘fruit day’, ‘read
the label day’, a healthy lifestyle
exhibition and a health walk.

Ms Kemp said that dietitians

will conduct nutrition screen-.

ings by looking at the BMI
(body mass index) healthy
weight status for height.

They will look at social his-
tory, family and past medical
history, and also carry out a
nutritional assessment.

“We will teach people: the
skills necessary to select foods
that will make for a healthier
diet, and teach them how to
read food labels. They will
understand the caloric intake
from food, what the salt con-
tent is, and what the dietary
fiber content is of the food
they eat,” she said.

Ms Kemp said that it is
important that persons drink
lots of water, and downsize
their food portion size to avoid
overeating, which is the main
cause of obesity.

Cable Bahamas donates to theatre group



CABLE Bahamas has
boosted Bahamian culture with
an investment in young actors
through its Cable Cares pro-
gramme.

The company said it con-
tributed “a significant dona-
tion” to Track Road Theatre’s
Drama Rama summer camp
this year.

The organisation has been a
leading contributor to the sum-
mer camp in all three years
that it has been held.

“The latest donation was
enough to sponsor 10 of the
25 young actors enrolled in
Drama Rama,” said the com-
pany in a statement. “The
camp introduces children
from age five to 16 to stage
acting and set design. The stu-
dents will present four origi-
nal skits in the camp’s closing
show on July 26 at Worker’s
House.”

The show, entitled “Hear
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PAGE 6, TUESDAY, JULY 24, 2007

THE TRIBUNE





Two hundred new slips are.
added to landmark marina:

ALICE Town, Bimini- A
landmark marina that host-
ed the rich and famous has
been reconstructed and
expanded.

The new Browns Hotel
and Marina officially com-
missioned 200 slips on Sat-
urday with Tourism and
Aviation Minister of State,
Branville McCartney, who
hailed it as “a big step” in
the revitalisation of this leg-
endary community.

Accompanied by director
of civil aviation Cyril Saun-
ders and Tourism and Avia-
tion’s Under Secretary Lor-
raine Armbrister, Mr
McCartney used the occa-
sion to meet with stake-
holders in Bimini’s tourism
and aviation affairs.

“JT listened attentively to
the concerns of Biminites,”
-said Mr McCartney. “I
heard from hoteliers and
investors, local and interna-
tional.

Prospers

“It is our desire to do the
very best we can to ensure
that Bimini prospers to the
fullest, even surpassing its
internationally renowned
past glory.

“We all appreciate the
confidence Stanley Levine
and Bimini Heritage have
expressed in Alice Town’s
renewal. We look forward
to the completion of the
project, assisting where we
can.”

The site of the new
Browns Hotel and Marina
has a long history. Big game
fishing pioneer Harcourt
Brown, of Bailey Town,
Bimini built the original
Browns Marina in 1933. The
wooden dock was made of
planks salvaged from the old
Bimini Rod and Gun Club.

@ MR MCCARTNEY takes part in the ceremonial ribbon cutting officially opening Browns

Hotel and Marina’s 200 new slips. Pictured from left are Bimini Heritage director Bruce Oxosz,
Kathryn Orosz, Minister McCartney, Stanley Levine, President Bimini Heritage; and Greg

Roberts of Big John’s.

The new Browns is the
centre piece of plans to revi-
talise downtown Alice
Town. Mr Levine, president
of Bimini Heritage, said he
was inspired by, his “passion
and love for Bimini, for the
Bimini people, and the
Bimini culture.” A lawyer-

businessman, he has been a

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frequent visitor to the island
for many years

“This is the culmination
of a lot of work and a lot of
vision,” he said. “We are
very mindful of the history
and heritage of Bimini.

“As we move on to the
future with new buildings
and the amenities that are



BIMINI vendor in the new
Craft Centre, Cleola Hanna, fits
Tourism and Aviation Minister
of State Branville McCartney
with a straw hat.

(Photo: Mendell Rolle)

@ TOURISM and Aviation
Minister of State Branville
McCartney met with Bimini air-
port security staff. Pictured
from right are director of civil
aviation Cyril Saunders, Mr
McCartney, undersecretary Lor-
raine Armbrister, Antionette
Stuart of the Bimini Tourist
Office, and security personnel

Letesha Kelly and Khenra.

Williams.
(Photo: Mendell Rolle)

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going to go with it for the
community, this day will be
recorded, I hope, as a turn-
ing point for the revitalisa-
tion of Alice Town, and that
the glory days are going to
be hére again and it is going
to befor and with the com-
munity.”

The first marina in the
harbour, the new Browns
will feature luxury boutique-
style lodging and 17 one,
two and three-bedroom con-
dominium hotel apartments.
The marina slips will be con-
nected to their adjacent
properties. by a 300-foot
boardwalk.

Historian.

The original Browns was
one of the first to offer
dockage to big game fisher-
men in the Bimini, recalled
local historian and poet
Ashley Saunders.

“It was here at Browns
Marina where Ernest Hem-
mingway, the gr
American writer of the 20th
century, docked his boat
Pilar when he visited Bimini
for the first time in 1935.

“In fact,” Saunders
explained, “the first section
of Hemmingway’s book
‘Islands in the Stream’ was
set in Bimini much of it writ-
ten right here at Brown’s

. Marina.

“Hemmingway loved to
fish and hunt and at Bimini
he was the first to land a
tuna that was not mutilated
by sharks. He was always

eatest -



B STANLEY Levine (centre), president of Bimini Heritage
shows Tourism and Aviation Minister of State Branville McCart-
ney (left) what the new Browns Hotel and Marina will eventu-
ally look like. Also pictured is Kathryn Orosz.

landing big fish and those
big fish were brought right
here at Browns Marina.

“As he wrote about these
catches and about Browns
Marina, the publicity attract-
ed other anglers here.

“Bimini became the play-
ground for the rich and
famous.”

Civil rights leader Martin
Luther King, Jr, reportedly
penned his famous ‘I have a
dream’ speech here; the
international media pursued
US congressman Adam
Clayton Powell here; it was
here world records in game
fishing were set and broken.

“Bimini has always been
in the vanguard of tourism
in the Bahamas,” said Mr
McCartney.

“Investors, domestic and
international, believe in



(Photo: Mendell Rolle)

Bimini. The government
believes in Bimini.

“Bimini is set to surpass
its past glory. And it is my
duty to ensure that no stone
is left unturned in the ful-
fillment of that quest.”

Tourists

Biminites, he said, are piv-
otal in this mission. “Noth-
ing can happen here with-
out your co-operation,” he
told them. “I encourage you
to tap into the more than
$1.5 billion tourists spend in

“our country every year.

“Continue to polish this
jewel of Bahamaland so that
it can sparkle even brighter
in the sunshine of this new
dispensation,” Mr. McCart-
ney said.











THE TRIBUNE

LOCAL NEWS

TUESDAY, JULY 24, 2007, PAGE 7





In brief

Anguilla
delays talks
on autonomy
from Britain

@ ANGUILLA
The Valley

ANGUILLA’S chief minis-
ter on Friday postponed talks
aimed at seeking greater inde-
pendence from Britain, saying
the tiny island’s inhabitants
need more time to understand a
constitutional reform process,
according to Associated Press.

Osbourne Fleming’s
announcement came days
before Anguilla’s leaders were
to negotiate with officials from
the UK Foreign and Common-
wealth Office to review the ter-
ritory’s status.

He said the island’s 13,000
inhabitants need more time to
learn about the constitutional
reform process.

“There are serious implica-
tions for this move and we need
to address them collectively
before the British team arrives
here,” Fleming said. “The peo-
ple have not been fully
addressed.”

He did not say when the
negotiations would take place.

Earlier Friday, about 200
islanders marched to the office
of the London-appointed gov-
ernor to deliver a petition call-
ing for a referendum on a new
constitution. |

UK officials have said
Anguilla may propose any con-
stitutional change, but Britain
‘would retain the power to pre-
serve good governance, judicial
independence and ensure com-
pliance with international oblig-
ations.

behind the
news, read
Insight on
Mondays

POOo SSE OLE SEE OO HELO SEES ODO EE OOE OOOO OES

Pe eeoeseceoeseesecssesccoseasceseveses

Cover ececeseseresovcesrereHeeseooes

INSIGHT

For the stories

dent

COC CHOC TEED OOH E OE OO HEBEL EOE OEE OSE MODE EES

FNM’s commitment to ZNS
independence is reiterated

@ By KARIN HERIG
Tribune Staff Reporter

THE tinal transition of ZNS
into an independent public
broadcast station and the pass-
ing of a Freedom of Informa-
tion Act will be just two of
many hallmark achievements
Bahamians can look forward
to under the FNM government,
Labour and Maritime Minister
Dion Foulkes said.

Addressing the Senate yes-
terday evening, Mr Foulkes, in
his contribution to the Speech
from the Throne debate, out-
lined his government’s plans
for deepening democracy in
the Bahamas.

“Just as the FNM did in our
last term in government, we
will significantly enhance the
democratic freedoms of the
Bahamian people,” he said.

Leading up to the election,
Minister of State for Finance
Zhivargo Laing said that trans-
forming ZNS into an indepen-

: dent and educational television



Bi DION Foulkes

station was among the many
goals of the FNM.

In addition to future plans»

for ZNS and the introduction
of the Freedom of Information
Act, the FNM will also broad-
en local government in the
Family Islands and New Proy-
idence, Mr Foulkes said.

In terms of social develop-
ment, the’senator said, his gov-
ernment has proposed “a dra-

matic increase in educational
funding and understands that
education is one of the primary
tools for social development.”

“Our renaming of the Min-
istry of Social Services as the
Ministry of Social Develop-
ment signals our commitment
to a bolder, more comprehen-
sive social policy for the coun-
try,” he said.

The new social policy, he
explained, will include inngva-
tive approaches to youth devel-
opment, urban renewal, and
the quality and delivery of
social services.

“We will (also) seek a greater
national consensus on national
health insurance and respond
accordingly,” he added.

Another field that the FNM
will be concentrating on, Sena-
tor Foulkes said, will be that
of environmental stewardship

“We have no doubt that the
FNM did more in 10 years for
the natural environment than the
PLP did in 30 years in office. But
that does not mean that we can



Police investigate apparent drownings

@ By DENISE MAYCOCK
Tribune Freeport Reporter

FREEPORT — Police in the
northern region are investigat-
ing two separate apparent
drowning incidents over the
weekend — one near Bimini

and the other just off Abaco. ©

An American diver was pro-
nounced dead around 2pm on
Sunday folleving a-diving expe-
dition in waters about five miles
otf Moore's Island, Abaco.

Chief Superintendent of
Police Basil Kahming report-
ed that the victim was identi-
fied as 41-year-old Ralph
Giampaolo Pomeroy, a resi-
dent of Miami, Florida, and
Little Harbour, Cherokee
Sound, Abaco. ;

Mr Rahming said the inci-
occurred sometime
around Ipm when four per-
sons, including the victim, were
engaged in a diving expedition

| presi per es ‘dana
a woman and a man only!

in waters off Snake Rock.

While diving, Mr Pomeroy
reportedly experienced some
difficulties and had to be assist-
ed to the surface. He was placed
aboard the expedition vessel
and ferried to the mainland.

He was rushed to the Marsh
Harbour Government Clinic,
where he was pronounced dead
at 2pm by the local doctor.

The body has been flown to
New Providence, where an
autopsy will be performed to
determine the cause of death.
Foul play is not suspected at
this time, police say.

Officers are also investigat-
ing an apparent drowning at
Cat Cay off the coast of Bimini,
where the body of Haitian
worker was discovered float-
ing on Sunday evening.

According to reports, the

body of 37-year-old Dieugeul
Lorfils, a Haitian expatriate
worker at Cat Cay, was found

Rex Major
& Associates

in coordination

with the
Churches
of Bimini,

cordially
invite you~
: to ae

ety

around Spm on Sunday on the
northeastern end of the island
by a fellow employee.

Lorfils, of Latortue, Haiti,
had just ended his work day
and had reportedly left the job
site.

His body was pulled ashore
and the police were immedi-
ately notified of the incident. ”

Supt Rahming said officers
were dispatched by boat from
Bimini.

He said they found no visible
injuries were seen on the body,
which was pronounced dead
by a doctor on Cat Cay.

The body was transported to
North Bimini and taken to the
government clinic, where
arrangements were made to
transport it to Nassau so that
an autopsy can be performed
to determine the cause of
death.

Mr Rahming said foul play is
not suspected at this time.

rest on our green laurels. There is
much more to do,” he said.
Mr Foulkes reiterated that the

government has committed itself

to sustainable development and
a strong “green” agenda in the
Speech from the Throne.
“This must include making
the government more energy

efficient, pursuing more renew-
able energy sources for the
country, enhancing the nation’s
capacity for environmental pro-
tection, arresting various forms
of pollution, and educating a
new generation about the envi-
ronmental treasures of our
Bahamaland,” he said.

THE UNIVERSITY OF THE WEST INDIES

Tribute to Dr. Anthony Regis
Lecturer-UWI Clinical Programme, Bahamas

The UWI Clinical Programme and the wider UWI
Falculties of Medicine in Barbados,

Jamaica and Trinidad and Tobago share in the loss of
Dr. Anthony Regis, a dedicated and beloved teacher,
colleague, and friend. Our profound sympathy goes
to his wife Dr. Merceline Dahl-Regis, his children,
grandchildren, relatives and friends.

May his soul rest in peace.

Professor Howard W. Spencer
Director, University € C ‘oordinator





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PAGE 8, TUESDAY, JULY 24, 2007 : THE TRIBUNE

TUESDAY EVENING © ; Oo ~ JULY 24, 2007

7:30 | 8:00 | 8:30 | 9:00 | 9:30 | 10:00 | 10:30
NETWORK CHANNELS

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tury Strive to explore space. 1 (CC) ; al-Khaimah. 1 (CC) |
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MOMAX







SHOW







THE TRIBUNE



‘OVER the weekend the
police conducted an operation
in the area surrounding the
Queen Elizabeth Sports Cen-
tre, where an 18-year-old man
| was shot and killed earlier this
month.

| Officers searched a number
of persons and vehicles on the
scene. Two persons were
| atrested in connection with
the discovery of a small
/ amount of marijuana and
three were arrested in con-
_ nection with outstanding war-
| rants.

‘Four other persons were
arrested in connection with
the discovery of imitation fire-
| arms, two in connection with
~ | the discovery of knives and
i three for immigration pur-
poses.
‘Police also took a total of
: 15 motorbikes off the street
. for various violations of traffic
/ Tules.
‘Police say the believe sev-
i eral of these motorbikes may
have been stolen.

(Photos: Felipé Major/
Tribune staff)

Miss Bahamas

World 2007
is crowned

| THE new Miss Bahamas
World 2007, 21-year-old
Anya Watkins, is crowned
by Miss Bahamas World
2006, Deandrea Conliffe,
during Sunday’s pageant

held at the Rainforest The-

atre in Cable Beach.

The event was held under
the theme “Out of Africa - a

Celebration of Freedom!”’

(Photo: Felipé Major/
Tribune staff)

18 THIS police dog searches-cars on Sunday

LOCAL NEWS

ekend police operation

SEARCHES CONDUCTED IN AREA SURROUNDING SPORTS CENTRE



ita



King’s Real Estate Limited is
relocating on Monday July 30,
2007. Our new office will be located
in the Gilingham House opposite
Montagu Beach on East Bay St. Our
new numbers are lised below:

Ph: 242-394-4397
Fax: 242-394-4492

Remember also to visit our website

www.kingsrealty.com



TUESDAY, JULY 24, 2007, PAGE 9






































POLICE officers search a car



@ ANOTHER
car is searched
during the police
operation in the
area surrounding
the Queen’
Elizabeth

Sports Centre



—————- BAHAMAS

perma!

CMT ED a.

CHIEF OPERATING OFFICER

Bahamas Supermarkets Limited operates a leading supermarket chain in The Bahamas. As-a market
leader, the Company prides itself on delivering premier service through its City Market supermarkets,
having a strong commitment to its customers, associates and community.

An opportunity for a CHIEF OFERATING OFFICER to join this market leader has arisen.

Reporting to the CEO, the successful applicant will have previous experience in day-to-day operating
activities, including revenue and sales growth, expense management, cost and margin control and
monthly, quarterly and-annual financial goal management. Key selection criteria include:

CA minimum of twenty (20) years experience in the supermarket / hypermarket industry with at
least seven (7) at a senior / executive level such as General Manager or Chief Operating Officer
Strong business acumen with the ability to creatively solve problems
Intricate knowledge of and experience in keeling an SMS (Store Management Suite) retail
system
Manage relationships within the business encompassing budgeting, forecasting and sales
objectives
Proven ability to improve company performance and shareholder value
Experienced in the development and execution of retail strategic business plans
A minimum ofa BA degree in business management or marketing. An MBA is preferable.
Have excellent communication, presentation and interpersonal skills with the ability to mentor a
team
Broad multi-functional experience in operational, commercial and administrative best practices
Solid functional computer skills with working knowledge of Microsoft applications and buying
systems.

Ifyou have what it takes to succeed in this challenging role, forward your resume and cover letter to:

Human Resources
Bahamas Supermarkets Limited
East-West Highway ’
P.O. Box N 3738
Nassau, Bahamas
Or e-mail to
humanresources(@bahamassupermarkets.com

No telephone inquiries please



PAGE 10, TUESDAY, JULY 24, 2007

THE TRIBUNE,



FROM page one concerns. In early July, defending his oe

Sears

questions
FROM page one

ma” to himself and his family.

“I immediately contacted
the pathologist at the Rand
Hospital, Mr Jacardi and
asked him about the condi-
tions at the morgue. He
promised to check into it and
get back to me. Shortly there-
after a Mr Capalito called me
and informed me that there
had been a malfunction at the
morgue.

“IT called the Minister of
Health that very evening, my
parliamentary colleague, and
advised him of this shocking

state of affairs, and asked him |:

to investigate the matter and
let me know the outcome. He
promised to ask Mr Hubert
Brown to investigate the mat-
ter and he would get back to
me. In the past five days |
have not heard from the Min-
ister of Health,” he said.

Mr Sears then asked for the
Minister of Health, Dr Hubert

Minnis to explain to the :
House of Assembly how the* :
refrigeration system in the :
morgue could break down for :
more than 24 hours without :
it being discovered and recti- }

fied.”

Mr Sears also asked why a

request for assistance:was not :
made to the private funeral :
homes — all of which had»:
adequate and functioning :

morgue facilities.

Dr Minnis stood following ;
Mr Sear’s statement and said :
that Mr Sears was “exagger- :
ating” the circumstances sur- :
rounding the incident with the :
Rand Memorial Hospital’s :

morgue.

Dr Minnis said that the :
freezer had a leak of freon ;
that was immediately discov- :

ered.
“It was

immediately

repaired and the Rand :
morgue is completely func- :

tional,” he said.

or surface, samples.

The “deep” specimens are now being
analysed to determine what may have
caused the outbreak, and what remediation
efforts should be carried out.

Mr Deveaux would not say when the
results of the probe might be back. He
mentioned, however, that it is possible that
the death of Dr Dahl Regis’ husband last
week may potentially cause some delays.

The Horseshoe Drive site has become a
source of political contention since the
May 2nd election.

Officials from the Ingraham-administra-
tion have suggested that the site of the
school may be a toxic waste hazard.

Illness probe

In a May 3rd letter from the operations
manager of E R Hanna construction com-
pany to the Ministry of Works, the man-
ager called on the government to fully
inspect the site and provide them with a
report of the findings, after workers suf-
fered skin rashes and various stomach ail-
ments, including cramps and vomiting, over
a period of months while working on the
site.

In a statement in June, Education Min-
ister Carl Bethel indicated that the school
would not be ready for September and it is
uncertain if the school will be built on the
same grounds because of the toxic

Prior to the release of the letter from
the construction company by Mr Deveaux,
former minister of works, Bradley Roberts
alleged that the current government’s stop-
page of work on the site is simply an
attempt to “demonise the Christie admin-
istration...and to put fear in the minds of
parents, teachers, students and the public
without a shred of plausible evidence.”

Mr Roberts put the health concerns
down to an “infestation of monkey
tamarind” in the area, covered over during
the excavation of the site.

However, yesterday Mr Deveaux has
described this claim as a “farce”, and yes-
terday said he can state “categorically”
that monkey tamarind is not at the source
of the problem.

Prd SEPee ere e ere e ere rere eee eee e rere ree errr eee eree errr e rere rere errr rere reer ree rere eerie errr errr erie errr rere reer errr rere eer ee ere eerie ere ee eerie eerie eerie eerie

Kozeny in court |Crown land

FROM page one

bribery and money laundering
charges. Kozeny, 44, was
released from Fox Hill prison
on $300,000 bail in April.

Yesterday Kozeny’s defence
team led by Clive Nicholls, QC,
appeared before Supreme
Court Justice. Jon Isaacs and
began making their submissions
over a habeas corpus applica-
tion. -
Mr Nicholls firstly outlined
the grounds on which Kozeny
was seeking relief. Mr Nicholls
asserted that following Kozeny’s
committal hearing, the magis-
trate made several errors in her
ruling. He also stated that the
proceedings should be stayed
on the grounds that it was an
abuse to the court process. Mr
Nicholls also said that Kozeny
should be discharged on the
grounds that in all citcum-
stances it would be unjust to
extradite him in considering the
amount of time that has passed
since the offences were report-
edly committed. He also con-
tended that Kozeny should be
discharged because the accusa-
tions made against him were
not made in good faith with the
intent of justice.

In his submissions Mr
Nicholls noted that Kozeny is



wanted by US authorities for
violating the Foreign Corrupt
Practices Act which makes
bribery of a foreign official an
offence. Mr Nicholls argued
however that Kozeny was nei-
ther a US resident nor citizen.
Mr Nicholls further argued that
the requesting state has not
established that Kozeny has
committed an offence under US
law.

He also noted that the
Bahamas has never made itself
a party to a convention affecting
trans-national bribery.

Viktor Kozeny was arrested
at his Lyford Cay home on
October 5, 2005 just a few hours

before being indicted on a long ~

list of bribery and money laun-
dering charges by the US Dis-
trict court in Manhattan.
Kozeny and his co-accused
Frederic Bourke Jr and David
Pinkerton have been charged

in the United States with con-.

spiracy to violate the Foreign
Corrupt Practices Act. US
authorities claim that Kozeny
and his co-accused bribed senior
government officials of the for-
mer Soviet Republic of Azer-
baijan in an effort to gain an
unfair advantage during the pri-
vatization of the state-owned
oil company. Czech authorities
also want Kozeny to face fraud
charges.

FROM page one

dition, which following their arrest, was






































FROM page one

Bahamian stakeholders and stock owners, small business
people and larger scale entrepreneurs — have access to the
opportunities they need to create their own wealth, secure their
unique dreams and advance the common good,” he said.

Mr Foulkes said that if “we are serious about greater
Bahamian ownership and management of this economy, one
of these goals must be an emphasis on ongoing training, pro-
fessionalism and civility.”

“In this speech we rededicate ourselves to ensuring that
greater shares of the dynamic engines of our economy —
tourism, financial services and maritime affairs — are managed
and owned by a more educated, healthier and productive
people,” he said.

_ The senator emphasised that Bahamians must vigorously
identify and cultivate the linkages between these and other sec-
tors.

As an example he named luxury yachting. as an opportunity
for a successful business venture.

“High end yachters, who wish to sail our waters and visit our
islands, should not only find here a pristine natural environ-
ment. They should also find a financial services and mar-
itime industry climate which encourages them to register,
insure, berth and repair their yachts in the Bahamas.

“On their dining room tables should be fresh fruit, vegeta-
bles, seafood and other foods purchased from Bahamian
farmers and fishermen,” he said.

Scores of Bahamians, Senator Foulkes said, are about to
become greater owners of the country’s economy because of
the policies the FNM government is initiating through the
Speech from the Throne.

“The FNM is committed to a fairer national investment pol-
icy and a more balanced playing field for Bahamian investors
and entrepreneurs.

“Towards this end.we will streamline the licensing process
for various industries, simplify the Government Loan Guar-
antee Programme for small and medium sized businesses
and review the tax structure payable on undeveloped Bahami-
an real estate held by foreign persons,” he said.



Privy Council

men were void because Magistrate Bethel

t’s stoppage of work on the school in the
face of criticism from Mr Roberts, Mr
Deveaux said that his government would
have been “irresponsible to have ignored
what the contractor had to say.”

He added: “To suggest otherwise is noth-
ing but callous disregard for the workers at
the site and thousands of Bahamian chil-
dren who would attend that school.”

Mr Roberts, however, has stated that
since portions of the old T G Glover school
were located on the site for many years;
with students using the vacant section for
sporting activities, “logic would
dictate...that evidence of the same (prdb-
lems) would have manifested itself over
these years a long time ago” if the site
were a toxic hazard. aV

Morton Salt

FROM page one :
Sunday that a guard was alerted by an
employee who noticed a fire in the park;,
ing lot near the vehicles. The employee
called the security guard and used a fire
extinguisher to put the fire out. 1

“Executives, including our safety,
manager Mr Etienne Farquharson and
the police have inspected the scene. The,
police are now investigating the matter,
and we are hoping to receive a prelim-
inary report soon. Once we find the,
person or persons who are responsible,
they will be prosecuted to the fullest,
extent of the law,” Mr Moultrie said..;,

Mr Moultrie added that Morton
Bahamas fully expects that back pay
for 2005, 2005, and 2007 will be distri,
uted by the end of the week.

On July 11, 2007, Morton signed a a
new bargaining agreement with the
Bahamas Industrial, Manufacturers and,
Allied Workers Union. The temporary,
layoffs are an accepted part of the new,
industrial agreement, which recognizes.
the company’s right to lay off employees
during times of excessive rainfall and,
other natural disasters.

According to the statement ae
Morton, all 52 employees received the
required two weeks notice of lay-offs
which began on July 16, 2007.

These workers are expected to return
to the plant on August 7, 2007. Morton
Bahamas Ltd produces an average of
1.2 million tons of salt annually for,
export. ;

BO

Mi

cil stated. ,

The US launched a successful appeal
against Justice Isaacs’ ruling and the Court
of Appeal and Gibson was eventually re-,

Telephone: 322-4433, 326-7030
Nassau Street, P.O. ).Box N-1026

MEMORIAL SERVICE FOR iio Wis



Dr. Anthony "Tony"
Christopher Regis, 62

of #4 Bonney Way,
off Johnson Road
and formerly of
Trinidad and
Tobago, will be held
on Wednesday 11:00
a.m. at Calvary
Bible Church,
Collins Ave. Pastor
Allen Lee will
officiate. Interment
will be made in
Western Cemetery, Nassau Street.





He is survived by his loving wife of
thirty-one (31) years, Dr. Merceline Dahl-
Regis; sons, Jason and Deon; two (2)
daughters-in-law, Laila and Heather; four
(4) grandchildren, Teurea, Ayaan, Gabriel
and Nasir; five (5) brothers, Vernon Regis,
Kenneth Regis, Cyril "Baba" Regis, Cecil
"Tet" Regis and Arthur "Bunny" Regis;
six (6) sisters, Utid Johannes, Sylvia Des
Etages, Joyce Regis-Spencer, Pearl Regis,
Carol Russmann and Iva Sampson; (11)

granted by Attorney General of the
Bahamas.

Magistrate Carolita Bethel in Jiime’2001
committed the three men into custody to
await extradition.

The US based their extradition request
principally on evidence which was given in
an affidavit from an accomplice of three
men, Herbert Hanna.

In the affidavit, Hanna gave a damning
account of the three men’s involvement in
the conspiracy.

“Thousands of pounds of cocaine were
found, millions of US dollars of cash,” the
Privy Council said in its judgment.

However, Supreme Court Justice Isaacs
tuled that the committal orders for the three

KEMP'S FUNERAL HOME LIMITED

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

LOMO T SCV ONY AGG mae eh) a

HELEN ELIZABETH INEZ REES, 85

of Eastern Road,
Nassau, The Bahamas
passed away at her
home on Friday, 20th
July, 2007 after a short

illness.

Daughter of the late
Dr. A Hugh Johnson
and Mrs Dora Agnes
Johnson, she is survived by her husband
Colyn Lewellyn Rees of Marsh Harbour,
Abaco; three sons, Colyn Thomas Albert

made a mistake in allowing the affidavit to
be admitted as evidence.

Justice Isaacs_stated in his ruling that
Magistrate Bethel “erred in law when she
held that the evidence of Hanna was direct
evidence and, hence, admissible as evidence
of the applicants’ upon the form of words
used. by Mr Hanna in his affidavit as a pre-
lude to giving his detailed account of the
conspiracy: ‘I am a source of information for
the US Drug Enforcement Administra-
tion...On August 9, 2000, I provided the
following evidence.”. 1»

- Justice Isaacs said that this was evidence
of what-Hanna had informed the authorities:
about, but not evidence of the facts con-
tained in the information, the Privy Coun-

OMI FATE

. arrested.

The Privy, Council yesterday ruled that
although Justice Isaars’ judgment could not
possibly be supported, the US had.nio legal
right to appeal the judgment in the Court of
Appeal.

“There can be no getting away from the!
fact that this appellant is wrongly impris-|
oned through the misunderstanding or mis-'
application of the law by the Court of
Appeal with regard to rights of appeal
under the Bahamian legislation then in,
force. ‘|

“According to law, the Court of Appeal
had no jurisdiction to entertain the USA’s;
appeal, however meritorious that appeal
was,” the Privy Council ruled. ml

KEMP'S FUNERAL HOME LIMITED |

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

SERVICE FOR THE LATE

MRS. OLIVE BEATRICE MOREE

of Windsor Estates,
Nassau, The
Bahamas. will be
held at Glad Tidings
Tabernacle, Kemp
Road, Nassau on
Tuesday, 24th July,
2007 at 4:00 p.m.

Mrs. Moree is
survived by her

Hospital.

the church.



eleven nephews and their wives, (9) nine
nieces and their husbands, mother-in-
law, Marguerette Dahl; aunt-in-law,
Katherina Wesseling; brothers-in-law,
Dr. Anthony Dahl, Donald Dahl and
Werner; sisters-in-law, Dr. Iva Dahl, Ann.
Smith, Georgette Butler, Lorna and Edna
and their families; and a host of other
relatives and friends including, the staff
and students of the University of West
Indies School of Medicine (Nassau), and
the staff of the Princess Margaret

Friends may pay their last respects at
Bethel Brothers Mortictans, #44 Nassau
Street , on Tuesday from 10:00 a.m. to
6:00 p.m. There will be no viewing at



Rees, Robert Alday Rees and William James
Alexander Rees; three daughters-in-law,
Melanie Rees, Kimberly Yvette Rees and
Donna Elizabeth Rees; six grandchildren,
William James Alexander Rees II, David
Jonathan Rees, Adam Robert Rees,
Christopher Colyn Rees,.Michelle Elizabeth
Rees and Emily Carolin Rees, and four
cousins, Renee Lowe, Janet Brown, Peter
Thompson and Jimmy Thompson and many
special friends.

A private family interment service will be
held at the Western Cemetery, Nassau Street.

Instead of flowers the family request that
donations be sent to the Bahamas Humane
Society, P.O..Box N-242, Nassau, The
Bahamas in memory of Ms Helen EI. Rees.



Arrangements by Kemp’s Funeral Home
Limited

husband, Captain
David Moree, Se: two children, David
Jr. and Marilyn Moree; adopted daughter,
Yvonne Roberts; adopted son, Woodrow
Barnett; two daughters-in-law, Sally and
Anne-Marie Moree; three grandchildren,
Claire, Donald and Beth Moree; four
nieces, Sadie Lowe, Irene Thopson,
Juanita Eldridge and Maria Sampey;
three nephews, Charles, Rudolph and
Harry Hall. Other relatives and friends,
including Ena Braynen, Elva Sweeting,
Mike and Helen Martinborough, Etoile
Cartwright and caregiver, Millicent
Scott.

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





—— -

THE TRIBUNE







-ir

iy ENE SUERA
* Caracas

° PRESIDENT Hugo Chavez
assured private property owners
their rights will be guaranteed in
Venezuela under a pending
constitutional reform, as long
as proprietors and investors
respect the law, according to
A§sociated Press.

“Some citizens continue argu-
ing in a dogmatic manner that
socialism negates private prop-
erty. No, our socialism accepts
private property,” Chavez said
in comments published Sunday
on the website of Union Radio.
“Tt’s only that this private prop-
erty must be within the frame-
work of the constitution.”
>'He did not elaborate, saying
only that he would present his
reform proposal to lawmakers
in the coming weeks. Few
dé tails have: emerged from a
“Becta executive committee

at Chavez has appointed to
draft a proposal for overhaul-
ing the country’s charter.
“Government opponents
aécuse Chavez — a close ally of
Cuban leader Fidel Castro — of
steering this oil-rich South
American nation toward Cuba-
style communism. Many
wealthy Venezuelans fear sec-
dnd homes, yachts or other
assets could be seized as he
advances his Bolivarian Revo-
lution, a movement named after
South American independence
héro Simon Bolivar.
“fChavez denies copying

avana’s economic model,
countering that Venezuela’s
forthcoming socialist reforms
Will broaden the concept of
Ownership while gradually
‘undermining the influence of
capitalism.

Under one initiative, state-
financed cooperatives will oper-
ate under a new concept of
“Gollective property” in which
Workers would share profits, but
détails of the plan have yet to be
revealed.



Ween Agency quoted’ Chavez”
$ saying public school text? ~~
beoks should be rewritten to



IN this picture released by Miraflores Press Office,
enezuela’s President Hugo Chavez looks at a map during his

curb what he perceives as the
influence of capitalist ideals and
US cultural domination.

“We must hurry up with the
revision of the texts because
they accuse us of indoctrination.
Well, yes, because this is an ide-
ological war,” he said. “From
McDonald’s, from Superman
comes the ideology that
destroys people and erases cul-
ture.”

Speaking during his weekly
radio and television program
“Hello President” on Sunday,
Chavez also announced an ini-
tiative to slash the salaries of
Venezuela’s top public servants.

“I’m going to begin a fight

against thé mega-salaries,”
' Chavez said, adding that no
public servant should make
more than US$7,000 a month.
Most Venezuelans make mini-
mum wage — roughly US$250 a
month. .

Reducing the pay of top gov-
ernment officials has become a
popular move in Latin America.
The presidents Nicaragua,
Bolivia, Peru and Costa Rica
recently cut salaries, including

. their own, in response to wide-

spread criticism.

In his typically wide-ranging
television program, Chavez also
said Castro recently warned him
to take precautions against pos-
sible US-backed assassination
attempts. |

He said Cuba’s 80-year-old
“Maximum Leader” gave him
a copy of former CIA Director
George Tenet’s recently pub-
lished memoir and told him:
“Read it; Chavez, because that
is the most perfect killing
machine ever invented and I’m
a survivor ... I survived more
than 600° (assassination)
attempts.’”

“The CIA is everywhere,”
said Chavez, who has repeated-
ly warned that US President

‘George W Bush could asta!

him killed.
US law has forbidden assas-
sination attempts since the

8The state-run BoliVarian’''1970s, and Washington denies

the US government has
attempted to kill Castro since
then.



weekly broadcast “Alo Presidente” in Caracas on Sunday



Ar, Photo/Miraflores Press Office)

«+, 2007, PAGE 11

why Ae

CARIBBEAN NEWS

Venezuela’s Chavez says constitutional
- reform will respect private property






























































Order it alone or do a tasty Combo.
Just make sure you’re prepared...






AR

eration





PAGE 12, TUESDAY, JULY 24, 2007 THE TRIBUNE
JULY 24, 2007













ri ‘i 4
caer
¥ Vea a” “ia
Wh tg



: wes | Customers

e On Behalf ol of the § are reminded that the

Board of Directors, Executive [MMscTellisitelmule

a and Staff of BTC }=—

Ads for the 2008

we extend ma lelephone Directory is
~ Congratulatons | August 31st, 2007.

. . Mr. CatlR.Culmer §§$ © M@Usieutsecwlucweoce

a for being elected as _. , to contact

_ Most Worshipful Grand Master of the | Directory Publications

. Most Worshipful BRE Viiatemo)i(oyiuiavem elareyars:

»Prince Hall Grand Lodge. numbers:

- ae BRB eeeech ie
: | or visit them at the
Summerwinds Plaza,

~Tonique Williams-Darling
Highway.

ie









YOUR CONNECTION-TO THE WORLD



YOUR CONNECTION®TO THE WORLD










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Company Ltd. (BTC), wishes to advise our
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that all BTC transactions should be carried
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customers that there are companies misrepresenting
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Advertising or any other company has no

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TUESDAY, JULY 24, 2007

SECTION

business@tribunemedia.net



The Tribune



BUSINESS

Miami Herald Business, Stocks, Analysis, Wall Street







2D

HELPING YOU CREATE AND MANAGE WEALTH

NASSAU OFFICE
Tel: (242) 356-7764

FREEPORT OFFICE
Tel: (242) 351-3010





Ritz-Carlton | ¢

developer
leases old
Yacht Club

ll By CARA BRENNEN-BETHEL

. Tribune Business Reporter —

| THE proposed Ritz-Carlton Resort
for Rose Island has leased the old Nas-
sau Yacht Club on East Bay Street,
with the intention of converting it into
an arrival and departure lounge for
guests going to the property.

Russell Miller, the resort’s general
manager, yesterday confirmed that the
Ritz-Carlton ‘has taken the lease on the
building directly across from the Har-

“bour Bay Shopping Centre’s East Bay
Street entrance.

The developers plan to conduct
extensive renovations and turn it into
the gateway for guests to be ferried to
and from the multi-million dollar Rose
Island resort.
| Mr Miller told The Tribune that the
East Bay Street property has some 40
rooms, which will in the first instance
be converted into suitable housing for
construction workers, with six offices
for management.
| Eventually, the property’s rooms will
be converted into 20 suites and rented
out, he explained.

Sources had also told Tribune Busi-
ness that the Ritz Carlton was looking
to acquire parking space at the Nation-
al Centre for the Performing Arts on
Shirley Street for employee parking.

When fully operational, the Ritz-

Carlton resort will employ between ©

600-800 full-time staff, who will need to
be ferried across to Rose Island and
back in three trips per day, given the
three shifts worked by resort workers.
__. Ritz-Carlton is also understood to

‘be seeking to build a two-storey park-
ing lot on part of the National Centre
for the Performing Arts’ parking lor,
similar to the parking deck Kerzner
International has built for its employees
on Paradise Island.

However, Mr Miller said yesterday
he could comment on that issue.

The Ritz-Carlton’s plans are similar
to those that Kerzner International had
initiall contemplated. The Atlantis and
One & Only Ocean Club owner had
looked at constructing employee park-

‘ing on Shirley Street where the Thomp-
son Trading building is, then bussing
employees over to Paradise Island, but
never followed through with its plans.







tourism dec



Double-digit’

ne

* Hotel chief says numbers ‘a wake-up call’ for Bahamas, as can no longer assume it leads Caribbean
* Cruise arrivals slump 17 per cent in April, with Nassau/Paradise Island off 20 per cent
* Tourist arrivals fall 15 per cent and i per cent in April and May

lm By CARA BRENNEN-BETHEL
Tribune Business Reporter

“otal tourist arrivals to the

Bahamas slumped by

alarming double-digit

numbers during April

and May 2007, falling by

15 per cent and 11 per cent respec-
tively, statistics that showed this
nation’s competitive advantage in its
key industry is neing rapidly eroded.
Ministry of Tourism showed that
total arrivals to Nassau and Paradise

Island during April 2007 were down,
significantly by 16 per cent, while total:

arrivals to Grand Bahama fell by 11

per cent and the Family Islands saw a
14 per cent decrease.

‘Particularly alarming were the
decline in cruise ship arrivals for that
month, with the number of cruise vis-
itors to. the Bahamas in total down by
17 per cent, and those to Nassau/Par-
adise Island down by 20 per cent (see
story on page 5).

For the five months ending on May
2007, the number of higher spending
air arrivals to the Bahamas were down
by 7-per cent. Air arrivals to Nas-
sau/Paradise Island were down by 9
per cent; Grand Bahama by 5 per cent;
Cat Island by 19 per cent; Exuma by 7
per cent; Inagua by 22 per cent; and

San Salvador 10 per cent.

Combined air and sea arrivals to
May 2007 were down by 6 per cent,
with Nassau/Paradise Island experi-
encing a 6 per cent decline; Grarid
Bahama down by 13 per cent; and the
Family Islands off by 2 per cent.

On the cruise visitors side, cruise
arrivals in total to May 2007 were
down by 5 per cent. Nassau/Paradise
Island was off by 5 per cent; Grand
Bahama was down 15 per cent; and
the Family Islands were down on 2006
by 17 per cent.

Russell Miller, the Bahamas Hotel
Association’s (BHA) president, said

the visitor declines were a wake-up

Government ‘unlikely’ to appeal Home Centre ruling

call for the Bahamas, adding that
Bahamians can no longer assume they
have a competitive advantage over
other Caribbean countries.

Mr Miller said: “We have to wake
up and realise that there is real com-
petition out there, and we have to pay
attention to these indicators - that peo-
ple are coming here, not enjoying their
stay and choosing not to return.”

While he acknowledged that the
Western Hemisphere Travel Initiative
(WHTI) was partly responsible for the
decline, a larger effect was that other

SEE page 5

'

At last...

@ By NEIL HARTNELL

Tribune Business Editor

THE Government is
“unlikely” to appeal the
Supreme Court ruling per-
mitting Freeport ‘Concrete’s
Home Centre retail outlet to

bring in its inventory entirely |
bonded, the minister of state ~

for finance saying yesterday
that a “lawful arrangement”
could be worked out to pro-
tect government revenues.

“The matter is still being
reviewed and it is unlikely
that an appeal will happen,”
Zhivargo Laing told The Tri-
bune yesterday, when ques-
tioned on the issue.

“We’re satisfied there can
be an arrangement between
the Government, the Grand

Bahama Port Authority and.

businesses in Freeport that
will be able to ensure compli-
ance with the law. «

“Once that working
arrangement is taking place,
we’re satisfied nothing unto-

ward would be adversely

impacting on government rev-
enues arising out. of
Freeport.”

Mr Laing indicated that the
Government did not want to
implement measures or take
any action that might damage
the still-fragile Freeport econ-
omy, which is still trying to
recover from the 2004 closure
of the Royal Oasis and loss
of 1300 jobs. e

His comments are likely to
delight’ Port Authority
licensees, especially whole-



@ ZHIVARGO LAING

salers, as the absence of an
appeal will clear another
obstacle to them being able
to bring in their inventory
entirely bonded, without hav-



ing to pre-pay customs duties.

Insisting that any solution
and definitive policy on bond-
ed goods and ‘over-the-
counter’ bonded goods sales
“has to be compliant with the

law”, Mr Laing added that. the

Government wanted “to be
sure to facilitate business
development and growth” in
Freeport.

“We’re not interested in
being a hindrance to business

growth and development in
- Freeport; we want to assist

business development and
growth in Freeport,” the min-
ister of state for finance
added.

It also appears that the
Government has being listen-
ing to calls by licensees, most
notably Chamber of Com-

merce president Christopher
Lowe, for there to be a tri-
partite meeting between
GBPA licensees, the GBPA
and the Ministry of
Finance/Customs Department
to work out standard policies
and procedures for the bond-
ed goods regime’s operation -
to the mutual satisfaction of
all concerned.

Mr Laing said the Govern-
ment planned to meet with
the GBPA and licensees
“sooner rather than later” to
address this issue, and hoped
“within the next two weeks”
to hold the first meetings that
would to the development of
just such a standard policy.

SEE page 6

Airport passenger volume to

erow by 3.2% per annum

@ By NEIL HARTNELL
’ Tribune Business Editor

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PAGE 2B, TUESDAY, JULY 24, 2007

THE TRIBUNE





‘What the Bahamas must fix to compete

oday’s column is

inspired by the arti-

cle Can America

Compete by Geof-
frey Colvin, which appeared in
the July 25, 2005, edition of
Fortune Magazine.

The thrust of the article is
that even though the US is still
the world’s biggest and
strongest economy by far, long-
term it is losing this position
of economic dominance to
emerging economies such as
China and India (both of
whom now have a population
of one billion).

Big business is - and has
been - borderless for a long



September, 2007.





.

PRINCIPAL NEEDED

The Anglican Central Education Authority invites
applications from qualified individuals for the position
of PRINCIPAL, St. John’s College, beginning

The applicants must have a Masters Degree in
Education from a recognized University, with at least
(5) years accumulative administrative experience.

The applicant must also be computer literate.

Only qualified applicants need apply.

For further details and Application Forms, please
contact the Anglican Central Education Authority on
Sands Road at Telephone (242) 322-3015/6/7.

Letters of Application submitted with copies of Degree
Certificates, Curriculum Vitae, three references, and
three passport photographs, must be addressed to:

THE DIRECTOR OF EDUCATION
AN GLICAN CENTRAL EDUCATION AUTHORITY
P.O. BOX N-656
NASSAU, BAHAMAS

The deadline for Application is Friday, August 3, 2007.

time now, and while globalisa-
tion creates market opportu-
nities for US companies there
are also negative side effects.
For instance, companies such
as Coca-Cola, Proctor & Gam-
ble and Texas Instruments are
said to “already do most of
their business and employ most
of their workers outside of the
US”. If the trend continues
unfettered, clearly it has enor-
mous implications for job cre-
ation and wage levels within
the US.

The author further states:
“For American workers, glob-
alisation is a radically dicier
proposition - far more so than





















most of them realise. The fast-
changing economy is exposing
vast numbers of them to glob-
al labour competition, and it’s
a contest millions of them can’t
win right now.”

Why can’t American

workers win?

Three factors are cited for
this state of affairs: The first is
that the world economy is
based increasingly on infor-
mation, bits and bytes that
have to be analysed, processed
and moved around. Examples
include software, financial ser-
vices and media.

Second is the cost of han-
dling those bits and bytes. That

. is, computing and telecommu-

nications. Wide swathes of eco-
nomic activity can be per-
formed almost anywhere, at
least in theory.

Finally, low-cost countries -
not just China and India, but
also Mexico, Malaysia, Brazil
and others - are turning out
large numbers of well-educat-
ed young people who are fully

. qualified to work in an infor-

mation-based economy. China
will produce about 3.3 million

college graduates this year,

India 3.1 million (all of them
English-speaking), the US just
1.3 million. In engineering,
China’s graduates will number
more than 600,000, India’s
350,000, America’s only about
70,000.

What can America do?

The author has three main
recommendations to reverse
America’s eroding competi-

tiveness, which simply put are:

1. Fix the education system.

2. Reform immigration poli-
cies to favour highly skilled
workers.

3. Regain the lead in Inter-

_ net access and technology.

Education System

“The No. 1 policy prescrip-
tion, almost regardless of
whom you ask, comes down to
one word: education. In an
economy where technology
leadership determines the win-

Atlantic Medical

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International Limited (CGI) headquartered in Bermuda, is pecan anAccount

Representative.

CGI, with offices in Bermuda, the Bahamas, the Cayman Islands, and the
British Virgin Islands, offers a complete range of premier financial and
_ insurance services to both local and international clients. This is an
opportunity to be a part of a rapidly growing innovative company, focusing
on providing clients with first class service and access to competitive

products.

Reporting to the Sr. Account Executive, the position of Account
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and promoting a range of group health products in a demanding and rapidly
expanding environment. Other duties will include but not be limited to:

Liaising and building relationships with a range of stakeholders eg. clients

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Monitoring competitor activity.
Contributing to long-term marketing plans and strategies.

It is essential that applicants possess the following qualifications,
experience and attributes:

Bachelors Degree (Business Administration, Marketing, Management,
Communications or Education)
Experience in undertaking presentations and public speaking.

Proven communication (verbal and written) and organizational skills.

Strong numerical skills.

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Compensation for the successful candidate will be attractive and linked
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Applications will be treated in the strictest confidence and should be made

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Attn: Human Resources

PO Box SS 5915
Nassau; Bahamas

Closing Date for applications is August 20 2007.





cata

Focus

ners, education trumps every-
thing. That’s a problem for
America. Our fourth-graders
are among the world’s best in
math and science, but by ninth
grade they’ve fallen way
behind,” Mr Colvin wrote. As
Bill Gates says: "This isn’t an
accident or a flaw in the sys-
tem; it is the system."

_ “For most in the broad mid-
dle class or below, a top-notch
K-12 education is a world
away.” Does this sound famil-
iar, Bahamas?

Immigration Reform

“Second, a prescription
urged just as widely is immi-
gration reform,” wrote Mr
Colvin. “A critical element of
America’s economic domi-
nance has been its attraction
for the world’s brightest, most
ambitious people, but today’s
immigration laws favour fami-
ly reunification far above tal-
ent, intelligence or credentials.
If Albert Einstein wanted to
move in today but had no US
relatives, he would have to get
in line behind thousands of
poorly educated manual
labourers who did.” .

Technology

“Thirdly, incredible as it
seems, America’s InfoTech
infrastructure is no longer
world-class.-America ranks
only 12th globally in the num-
ber of broadband connections
per 100 inhabitants,” Mr
Colvin said.

“Looking more closely, the
situation is even worse. South
Korea is not only more wired
(No. 1 globally) but its con-
nections are far faster and are
available not just through wires
but also through virtually every
cell phone.”

Implications for
the Bahamas
_What does-all this have to

ae |

do with the Bahamas? Well, it
is often said that when the US
sneezes, the Bahamas get
pneumonia. This begs the larg-
er question: What happens if
the US gets much sicker?

Education

It is a well-known fact that
our educational system needs
much work. A national aver-
age score of D+ in our BGCSE
examinations will take us
absolutely nowhere. We can-
not even open our public
schools on time because
required repairs haven’t been
completed. We must imple-
ment a long-term national
effort to improve our compe-
tencies in English, maths, sci-
ences and foreign languages.

The Bahamas is a service °

economy, the sort that are far
more vulnerable to globalisa-
tion because, increasingly, ser-
vice-based industries are high-
ly portable. Our challenge is
not only to fix our educational
system, but to also provide sig-
nificant levels of ongoing train-
ing to ensure quality and com-
petitive service for the prices
charged, especially in the
tourism and financial services
sectors.

Immigration

The whole issue of immigra-
tion policy is one that requires
a bipartisan approach, with
clearly defined and articulat-
ed positions. The US grants
H1-B visas, which allows high-
ly-skilled workers to work in
the US for a period of six
years. While the US has cut
back drastically on the amount
of H1-B visas issued since 9/11,
it is an approach that we can
look at.

However, if we go this route
there must be checks and bal-
ances to prevent abuses, such
as careful scrutiny of educa-
tion and experience creden-
tials.

The current Ingraham

administration, to my knowl-

edge, has not yet made any
pronouncement about the lev-
el of foreign investment
expected into the Bahamas
within the next five years.
Under the Christie. adminis-

To atlvertise in The Tritune -

the #1 newspaper in circulation,
SS ea bE



tration, very large numbers
were touted, numbers as high
as $20 billion. If investment of
that magnitude were to flow
into the Bahamas during the
next five years, we would
require thousands of new,
trained workers in a very short
period of time.

While no political party
would like to admit it, the
Bahamas would have to bring
in thousands of skilled workers
from abroad. Wouldn’t it be
better for all if there were both
short-terms plans (to regulate
the inflow) and long-term
plans (to get Bahamian work-
ers fully trained) in place and
clearly articulated?

Technology

Interestingly enough, we
may not be too far off the
mark when it comes to broad-
band Internet access (elec-
tronic access to international
communications). In checking
with Cable Bahamas, it is esti-
mated that there are roughly
90,000 households in the
Bahamas, of which about 35
per cent have high speed
broadband access.

This penetration rate, I am
told, is the highest in the
region, exceeding both Canada
and the US, which are esti-
mateéd to be 30 per cent and
25 per cent respectively. More
importantly, broadband is
available to more than 92 per
cent of Bahamian households.
When you add the availability
of DSL and other technolo-
gies, you can readily see that
we have something in place
that we can easily build upon.

However, notwithstanding
this, we must continue to
expand this Internet broad-
band access penetration even
further, and get as many of our
citizens as possible computer
literate and regular users of
the Internet as an educational
and training tool.

Until next week...

NB: Larry R. Gibson, a
Chartered Financial Analyst,
is vice-president - pensions,
Colonial Pensions Services
(Bahamas), a wholly-owned
subsidiary of Colonial Group
International, which owns
Atlantic Medical Insurance
and is a major shareholder of
Security & General Insurance
Company in the Bahamas.

The views expressed are
those of the author and do not
necessarily represent those of
Colonial Group International
or any of its subsidiary and/or
affiliated companies. Please
direct any questions or com-
ments to rlgibson@atlantic-
house.com.bs

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THE MARKETS

STOCKS, MUTUAL FUNDS, 6-7C
DOW30 13,943.42 +9234 Ad
saP500 —«*4,5457+7.47. Aw
NASDAQ 2,690.58 +298 AA
10-YRNOTE 496 +0.01 AX
CRUDEOIL = 7489«-0.90 W

BY TIM PARADIS
Associated Press ;
NEW YORK Stocks
rebounded Monday after a fresh —
round of buyout news offered
evidence that Wall Street’s pen-
chant for dealmaling: hasn’t dis-
appeared.

Hetter-than-oapected profit —
news from Merck also boosted —
the mood on Wall Street, help-
ing it partially recover from a _
steep sell-off Friday that was _
triggered by some weak earn- _
ings reports and worries about —
souring subprime loans.

The stock market push

_ those concerns aside ‘Mond,
after Transocean, the world’

largest offshore drilling con

_ tractor, and rival GlobalSantaF
‘said they agreed to merge.

The turnaround from Fri- _
day’s retrenchment demon- —
strates the market’s resiliency, :

. but also raises questions of _
whether the short-lived nature _
of most of this year’s pullbacks _
means stocks are rising on a
rickety foundation, said Ted _
Aronson, a partner at Aronson |
Johnson Ortiz in Philadelphia. _
Like many investors, he sees
retreats as a healthful break for :
ascendent markets. :

The Dow Jones industrial
average rose 92.34, or 0.67 per- ©
cent, to 13,943.42, thanks in large
part to a 6.75 percent rise in —

- Merck’s shares. At times during —
the session, the Dow was up.
more than 100 points. :

Broader stock indicators also _
advanced. The Standard & ©
Poor’s 500 index rose 7.46, or —
0.49 percent, to 1,541.56. The _
technology-heavy Nasdaq com- —
posite index showed more mod- _
est gains, rising 2.98, or 0.11 Per
cent, to 2,690.58. y

Bonds fell, with the yield ‘on a
the benchmark 10-year Trea- _
sury note rising to 4.96 percent _

from 4.95 percent late Friday. _
Bond prices move opposite —
yields. The dollar was mixed _
against other major currencies _
after hitting a new record low

against the euro and a new 26-
year low against the British
pound. Gold prices fell. =
Light, sweet crude fell 90
cents to $74.89 per barrel on the |
New York Mercantile Exchange —
on suggestions that OPEC may .
increase its output. a

Wall Street applauded Mon- |
day’s buyout news, because cor- __
porate tie-ups tend to signal
that companies are bullish |
about the economy. a

While the merger news ©
helped convince Wall Street
that stocks have further room to
run even after hitting fresh
highs last week, earnings news _
again commanded some atten-_
tion.

American Express, which
like Merck is a Dow component,
reported a stronger-than-ex-
pected second-quarter profit. |
The credit card issuer ended
the regular session up 15 cents _
at $64.66 but slipped in after-
hours trading, as revenue fell -
short of Wall Street’s forecast.

Declining issues outnum-
bered advancers by about 8 to 7
on the New York Stock
Exchange, where volume came
to 1.52 billion shares.

The Russell 2000 index of
smaller companies fell 0.82, or
0.10 percent, to 835.62.

Overseas, Japan’s Nikkei
stock average rose 0.01 percent,
while Hong Kong’s Heng Seng
Index rose 0.32 percent and the
often-volatile Shanghai Com-

_ posite Index rose 3.81 percent.
Britain’s FTSE 100 rose 0.60
percent, Germany’s DAX index
rose 0.88 percent, and France’s
CAC-40 advanced 0.87 percent.










_ TUESDAY, JULY 24, 2007

| BY TOM KRISHER
| Associated Press

DETROIT — The president of ©

the United Auto Workers said

Monday his union is not in the
/ mood to make concessions during
' contract talks with U.S.-based
| automakers who say they need
cost cuts to stay in business.

The comments came after the
traditional handshake between
| officials from the UAW and Gen-
eral Motors, the nation’s No. 1
automaker. The ceremony offi-
cially kicked off negotiations
| between the sides.
| At least on the surface, it
| appears that the union and GM are
far apart as they try to ink a new
national contract before a Sept. 14
deadline. Ford also will seek con-
| cessions. Its talks opened Monday
| afternoon with a handshake cere-
| mony in Dearborn. Ford Executive
| Chairman Bill Ford and Chief
| Executive Alan Mulally exchanged
handshakes across a conference
room table with UAW President
Ron Gettelfinger and Vice Presi-
dent Bob King.

Bargaining with Chrysler
started last week.

GM, which lost about $2 billion
last year and still isn’t making
| money in North America, clearly
| will put concessions on the bar-
| gaining table.

“We know that these are going
to be difficult contract negotia-
tions,” Diana Tremblay, GM’s
chief negotiator, said after the
handshake at a GM-UAW human
resources building along the

MERGER

[BUSINESS —

AUTO WORKERS







JERRY seiotgiae
| SHOWING SUPPORT: United Auto Workers President Ron Gettelfinger walks with retirees outside

| the UAW/GM Center for Human Relations in Detroit, Monday. Below, Gettelfinger, left, and Ford
| Executive Chairman Bill Ford open their contract talks at Ford headquarters in Dearborn, Mich.



UAW says strike possible
as contract talks begin



bts 4
CARLOS OSORIO/AP

Detroit River. “We know that we
need to make some changes to
make the business sustainable
over the long term.”

_ But Gettelfinger said the union
is not in a concessionary mode,
and he also said a strike still is pos-
sible despite the precarious finan-
cial positions of the Detroit Three.
He has said that the union will try
for a pattern contract with one
that extends to the gthers, but he
said a target company has not been
selected.

“That just depends on the tone
of the negotiations,” Gettelfinger
said.

Earlier, Gettelfinger smiled and
shook hands with GM Chairman
and CEO Rick Wagoner, while
Tremblay shook hands with UAW
Vice President Cal Rapson. All
four had to lean across a table to
complete the handshake.

This: year’s auto talks have
taken on a more urgent tone

because the Detroit Three lost.a
combined $15 billion in 2006 and
are in the midst of shrinking them-
selves and rolling out new vehicles
in an effort to better compete with
Japanese automakers. Industry
analysts have said reducing labor
costs is critical to the companies’
survival.

Analysts say Ford likely will
seek deeper concessions than the
other two automakers, perhaps
temporary wage cuts.

Gettelfinger wouldn’t say
whether the UAW would. treat
Ford differently than the other
automakers due to its massive
debt load and losses.

“They’ve got a lot of cash, by
the way. That’s not an issue for us
right now,” he said.

Gettelfinger also said this year’s
talks are about defending Ameri-
ca’s middle class and are not lim-
ited to wages and benefits in the
auto industry.



Transocean deal creates
oil-drilling heavyweight

BY JOHN PORRETTO
Associated Press

HOUSTON — The world’s largest
offshore drilling contractor got big-
ger with Monday’s announcement by
Transocean that it will combine with
GlobalSantaFe, creating a company
able to drill globally from shallow to
ultra-deep waters.

Analysts. largely applauded the
coupling and said more combinations
could be forthcoming. The shares of
both companies rose.

The deal, announced jointly by
both Houston-based companies,
includes a $15 billion cash payout to
shareholders of both the world’s larg-
est contractor, Transocean, and
GlobalSantaFe. Shareholders of both
companies will also get shares in the
new company, which will retain the
Transocean name and trade on the
New York Stock Exchange under
Transocean’s symbol “RIG.”

The value of the new company
will be about $53 billion, including
debt. The $15 billion for the cash pay-
out to shareholders will be funded
through a bridge loan due one year
after closing.

Transocean Chief Executive Rob-
ert Long, who will continue as CEO

of the combined company, said the
deal will allow the company to keep
pace as the industry expands and to
“assure us of a leading presence in
almost every major offshore drilling
province in the world.”

GlobalSantaFe CEO Jon A. Mar-
shall will serve as president and chief
operating officer of the combined
entity, while GlobalSantaFe Chair-
man Robert Rose will be chairman.
The two companies will be equally
represented on a new 14-member
board.

Marshall said the combination
gives the new Transocean a broader
customer base, particularly with
state-owned national oil companies,
which control almost 90 percent of
global oil reserves. It also will give
Transocean greater exposure in the
growing and lucrative deepwater
drilling market.

The combined company will have
a global fleet of 146 rigs, including
harsh-environment jackups for shal-
lower waters and ultra-deepwater
drillships. Oil companies are heading
for deeper waters worldwide as the
compétition to find new sources of
hydrocarbons intensifies.

“We like it,” Dan Pickering of







TAKING A LOOK: Officials, including

INTERNATIONAL EDITION

BANKING

Barclays’

ABN Amro
bid raised
with help
from Asia

BY TOBY STERLING
Associated Press

AMSTERDAM, Netherlands — Bar-
clays will raise its offer for ABN Amro
to $93.1 billion, with help from two
Asian financial partners, in the face of a
rival bid led by the Royal Bank of Scot-
land, the British bank said Monday.

Barclays’ new offer, about two-thirds
in shares and the rest in cash, comes to
$49.32 per ABN Amro share — up from
its earlier all-share bid worth $46.74.
The bid still falls below the RBS-led
consortium offer of $53.01 per share that
values ABN at $97.8 billion. ,

Either takeover would be the largest
in the history of the financial industry.

“The latest installment in this major
banking tug-of-war has yet again
thrown into doubt the identity of the
eventual winner,” said Richard Hunter,
head of U.K. equities at Hargreaves
Lansdown Stockbrokers. He said RBS
still has the advantage.

ABN Amro said it a statement that it

‘ had received Barclays’ revised offer and

“welcomes the opportunity for share-
holders to consider two competing pro-
posals on a level playing field.”

The bank’s management endorsed
the earlier Barclays bid, and sold its U.S.
arm LaSalle Bank of Chicago to Bank of
America for $21 billion in what was seen
as a poison pill measure to frustrate
RBS, which also wanted LaSalle.

ABN shareholders objected to the
sale that was never put up for a vote,
but the Dutch Supreme Court approved
the sale last week and it is expected to ©
close before the end of the year.

Barclays shares rose 3 percent to
$15.09, while RBS shares fell 0.1 percent
to $12.51 — increasing the value of Bar-
clays’ bid slightly, and fractionally low-
ering that of RBS, which is more than
90 percent in cash.

ABN Amro shares rose 0.7 percent to
$50.93.

Barclays said it had struck a deal .
with China Development Bank and ©
Temasek Holdings of Singapore,
whereby the pair will immediately buy
$5 billion of new Barclays shares, and an
additional $13.5 billion if the ABN Amro
bid is successful.

ABN Amro also said it planned a
$5 billion stock buyback to match the
amount of its shares issued to Asian
investors.

If the deal goes through and CDB
takes up its full share of $13.5 billion, the
Chinese government would have a 7.7
percent stake in Barclays-ABN.

Associated Press writer Robert Barr in
London contributed to this report.

TED JACKSON, POOL/AP FILE, 2006
Louisiana Sen. Mary Landrieu, Rep.

Bobby Jindal and Secretary of the Interior Drew Kempthorne, tour

Transocean’s Discoverer Spirit dr

Pickering Energy Partners wrote.
“Bigger is better in commodity busi-
ness like offshore drilling, and [the]
biggest guy just did some smart
stuff.”

Under terms of the deal, Transo-
cean shareholders will receive $33.03
cash and 0.6996 shares of the com-
bined company for each share of
Transocean they own. Shareholders
of GlobalSantaFe will receive $22.46

illing ship in the Gulf of Mexico.

cash and 0.4757 shares of the new
company for each share of Global-
SantaFe they own.

Transgcean shares rose $5.99, or
5.5 percent, to close at $115.96 after
rising to a 52-week high of $120.88,
while GlobalSantaFe shares rose
$3.59, or 4.8 percent, to $78.33 after
reaching a 52-week high of $81.19.

The deal is expected to close by
the end of 2007.





THE MIAMI HERALD | MiamiHerald.com

BUSINESS BRIEFS

e JAPAN



KYODO NEWS/AP

BACK ON TRACK: Workers process piston rings Monday
at Riken’s plant in Japan, near the epicenter of the
magnitude 6.8 earthquake on July 16. :

Carmakers are ready |
to resume operations

From Herald Wire Services

Carmakers Mazda and Honda (HMC) and more than half
of Toyota’s (TM) shuttered assembly lines will restart at T
least some production over the next two days because a key
parts supplier damaged by a major earthquake resumed oper-

ations Monday.

Factories of Toyota and other major automakers have been
shut because of damage sustained at piston-ring maker
Riken’s plant in Kashiwazaki, in north-central Japan, near the
epicenter of the magnitude 6.8 earthquake on July 16.

Riken restarted production of some auto parts after work-
ers replaced damaged equipment and restored the factory’s
gas and water supplies, a company spokeswoman said on
condition of anonymity, citing protocol.

e EUROPEAN UNION

OFFICIAL: TRADE PLAN
REQUIRES SACRIFICES

EU Trade Commissioner -
Peter Mandelson told Euro-
pean Union governments
Monday that a draft agree-
ment floated last week “dis-
tributed the pain fairly” with
cuts to agricultural tariffs
that Europe can accept.

The deal unveiled by the
World Trade Organization’s
chief agriculture and manu-
facturing mediators calls on
the United States to reduce
its trade-distorting farm
subsidies to a level of
between $13 billion and $16.4

_ billion as part-of a new
global trade pact.

The European Union
appeared to have largely sat-
isfied the trade body’s
demands for liberalizing its
farm markets.

e DOW JONES BID

BANCROFTS DISCUSS
NEWS CORP. DEAL

‘ Members 6f the Bancroft
family, the controlling
shareholders of Dow Jones
(DJ), gathered in Boston on
Monday to consider a $5 bil-
lion bid for The Wall Street
Journal publisher from
Rupert Murdoch’s News
Corp. (NWS).

Family representatives.
were seen entering a Hilton
hotel in downtown Boston,
including Leslie Hill and
Christopher Bancroft, both
of whom are also board
members of the New York-
based company. The Ban-
crofts are expected to get a
full briefing on Murdoch’s
proposal, and then take sev-
eral days to decide.

e@ CELLPHONE .

RESEARCHERS: iPHONE
SUSCEPTIBLE TO HACK

Hackers could take con-
trol of an iPhone if its owner
visits a doctored website or
Internet hotspot, security
researchers reported.

The vulnerability of the
vaunted device, Apple’s
(APPL) first cellphone, is
only theoretical for now.
There are no reports of
criminals actually taking
advantage of the security
glitch to remotely access an
iPhone.

But if it were exploited,
hijacked iPhones could be
very useful to the same
gangs that take over per-
sonal computers and use
them to disseminate spam,
said a security analyst.

.-.jumped 61 cents,.or.almost.

e CONTRACTOR

e ACQUISITION

CERBERUS BUYS UNITED
RENTALS FOR $4B

Private equity group Cer-
berus will acquire United
Rentals (URI) for about $4
billion in cash, the equip-
ment rental company said.

Including about $2.6 bil-
lion in assumed debt, the
transaction is valued at $6.6
billion.

Shares of United Rentals,
one of the largest players in
the construction-gear rental
industry, have risen more
than 16 percent since April
9, the day before the com-
pany said it might put itself
up for sale. United Rentals

2 percent, to $32.98 Monday.

HALLIBURTON 2Q@
INCOME DOUBLES

Halliburton’s (HAL)
profit more than doubled in
the second quarter, getting a
$933 million lift from the
separation of former subsid-
iary KBR (KBR). But even
without that gain, the results
still beat the consensus Wall
Street forecasts for the oil-
field services contractor.

Earnings of $1.5 billion for
the April-June period, which
amounted to $1.62 per share,
compared with income of
$591 million, or 55 cents a
share, in the year-ago
period, Halliburton said:

Revenue in the quarter
rose 20 percent to $3.7 bil-
lion from $3.1 billion a year
ago. The company said sales
rose worldwide, particularly
in the Eastern Hemisphere.

Halliburton shares rose i
$1.17, or 3.2 percent, to |
$37.74.

e ONLINE RENTALS

NETFLIX OFFERS BLEAK
EARNINGS OUTLOOK

Netflix (NFLX) expects
its profit to sag the rest of
this yearastheonlineDVD
rental leader absorbs the |
cost of lowering itsthe most
popular subscription planto
ward off an intensifying |
threat from rival Block-
buster. The bleak forecast
overshadowed the Los
Gatos-based company’s sec-
ond-quarter results.

Netflix had foreshad-
owed the bad news Sunday
when the company unveiled
its price cuts. After plunging
$2.36, or 12 percent, to end
the regular session at $17.27,
Netflix shares shed another
25 cents in extended trading.

|
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MERGERS

INTERNATIONAL EDITION

TUESDAY, JULY 24, 2007 |4B

Satellite radio a la carte?

BY JOHN DUNBAR
Associated Press

WASHINGTON — The top -
executives at the nation’s two
satellite radio companies
detailed pricing plans Monday
that they said would let cus-
tomers choose which channels
they want to receive if the two
firms are permitted to merge.

XM Satellite Radio and Sir-
ius Satellite Radio announced
the $4.7 billion merger last
February. The combination
requires approval from anti-
trust regulators and the Fed-
eral Communications Com-
mission.

The pricing’ plans
announced Monday range
from $6.99 per month for 50
channels offered by one ser-
vice to $16.99 per month
where customers would keep
their existing service, plus

RETAIL

“chose from the best” of chan-
nels offered by the other ser-
vice.

That means a customer
could subscribe to both the
Major League Baseball chan-
nel on XM and the National
Football League channel
offered by Sirius, on the same
radio.

CURRENT PRICING

Currently, the price of a
monthly subscription for both
companies is $12.95, and there
is no channel choice, or “a la .
carte” option.

A combination of Sirius and
XM, which broadcast to a
combined 14 million subscrib-
ers, faces steep regulatory
challenges, however. When
the companies received their
licenses from the FCC to begin
offering subscription radio

Wal-Mart starts

‘ageressive
discount plan

BY ANNE D’INNOCENZIO
Associated Press

NEW YORK — Wal-Mart ‘
Stores, the world’s largest
retailer, said Monday it is cut-
ting prices on more than
16,000 items starting this week
in a bid to turn around sales
for the critical back-to-school
season.

The price cuts, which range
from 10 percent to 50 percent,
will be backed by a new ad
campaign on how to save
money as gas prices remain
high and kids head back to
school. The cuts are deeper
and involve even more items
than in the year-ago period
and top the 11,000 items dis-
counted right before last
year’s holiday season kicked
off, according to Melissa
O’Brien, a company spokes-
woman.

Wal-Mart has been playing
up its low prices since late last
year after getting hurt by a
focus on trendy merchandise
in an effort to get affluent cus-
tomers to buy more than just
groceries. While the upscale
strategy worked in electronics,
such as $1,000 flat-panel TVs,
it failed in home furnishings
and apparel, resulting in slug-
gish sales since last fall.

AVERAGE

So far this fiscal year,
Wal-Mart has averaged a
same-store sales gain of a mea-
ger 1 percent, compared to
rival Target’s 4.1 percent
increase, according to Thom-
son First Call.

Same-store sales are sales

_at stores open at least a year

and are considered a key indi-
cator of a retailer’s health.

In April, Wal-Mart’s same-
store sales dropped — the
weakest performance since it
began publishing monthly
Sales in 1980. bce

Last year, Wal-Mart’s same-
store sales averaged a 2.1 per-
cent increase, while Target
had a 4.9 percent increase.

STRATEGY

Wal-Mart did enjoy some
improvement last month when
it posted a better-than-ex-
pected same-store sales gain
of 2.4 percent, indicating that
its more aggressive discount
strategy may be resonating
with shoppers.

“We'll provide families sav-
ings where it counts, and con-
tinue to work closely with key
suppliers, reduce packaging:
and lower shipping costs as we
steer this program through fall
and beyond,” Bill Simon, chief
operating officer, Wal-Mart
Stores U.S., said.

Under Wal-Mart’s new
pricing plan, $1 will be able to
buy 4 wide ruled notebooks, 2
bottles Elmer’s glue (4 oz.) and
a 24-pack of crayons. A $50
budget will be able to pur-
chase a week’s worth of school
clothes, and $80 will buy two
pair of prescription glasses at
the Wal-Mart Vision Center.

The price cutting campaign
comes as Wal-Mart has also
been making changes to its
merchandising team. The

MERCK, SCHERING-PLOUGH -

Drug partners post 2Q profit gains

BY LINDA A. JOHNSON
Associated Press

TRENTON, N.J. — Phar-
maceutical companies Merck
& Co. and Schering-Plough
partners in a lucrative choles-
terol drug joint venture,
posted hefty jumps in second-
quarter profit Monday and
handily beat analysts’ expecta-
tions.

Merck, which again raised
its 2007 earnings forecast, got
a pat on the back from Wall
Street, with its shares jumping
nearly 9 percent at one point.
But Schering-Plough, whose
profit more than doubled, saw
its initial 2 percent rise in
share price fizzle and ended
the day flat, leaving analysts
puzzled.

“I’m not sure what’s leading
to the weakness” in Schering’s
stock, said analyst Joseph
Tooley of A.G. Edwards &
Sons. “It was a good quarter
for them.”

Likewise, he said, the trend
has been positive for pharma-
ceutical companies reporting
so far in the quarter, with the
exception of Pfizer, which saw
profit plunge 48 percent.

“By and large, we’ve seen
good solid performances, and
certainly stronger than
expected performance by
Merck and Schering,” Tooley
said.

Merck & Co. reported its



service via satellite, they
agreed not to merge.

The companies must prove
to the Justice Department that
the deal is not anticompetitive.

They must also prove to the
FCC that a merger would be in
the best interest of the public,
which owns the airwaves the
two companies use to deliver
their signals.

Sirius CEO Mel Karmazin,
in a speech at the National
Press Club in Washington on
Monday, said the United
States is in a “revolutionary
age of audio entertainment”
and that the companies must
compete with a whole range of
products that weren’t around
when the licenses were first
issued.

He said the companies
compete with free services,
including portable digital



music players, cellphones that
download music, digital radio
and the “800-pound gorilla”
that is terrestrial radio.

STRONG OPPOSITION

The National Association
of Broadcasters opposes the
merger, calling it a “govern-
ment-sanctioned monopoly.”

Spokesman Dennis Whar-
ton said in a written statement
that policymakers “should not
be hoodwinked” by the
announcement. He said the “a
la carte” option would require
customers to buy new radios
and he said that nothing in the
past has prevented either com-
pany from offering an a la
carte option before.

If a merger is approved, the
combined company would
offer a total of eight different
packages.

JIM MONE/AP

SAVINGS: In hopes of turning around sales for the
back-to-school season, Wal-Mart has cut prices from

10 percent to 50 percent.

company said on Friday that
Claire Watts, a top Wal-Mart
apparel merchant, has
resigned. The*executive had
been behind the failed make-
over to trendy items from low-
price basics.

As part of the changes,
Wal-Mart. promoted Dottie
Mattison, formerly chief mer-

MEL EVANS/AP

REVENUE: Schering-Plough said its second-quarter profit
more than doubled compared with a year ago, as
revenue climbed 13 percent.

profit jumped 12 percent as
revenues from six new medi-
cines and strong growth of key
older ones offset losses to
generic competition and
another charge for its massive
Vioxx litigation.

Merck shares rose $3.31, or
6.8 percent, to $52.33.

Merck earned $1.68 billion,
or 77 cents per share, com-
pared with net income of $1.5
billion, or 69 cents per share, a
year earlier. Excluding a $172
million restructuring charge,
net income was 82 cents a
share. Revenue rose 6 percent
to $6.11 billion.

Analysts polled by Thom-
son Financial expected a profit
of 72 cents per share on reve-

nue of $5.77 billion.

Morgan Stanley analyst
Jami Rubin called it “yet
another blowout quarter.”

“The company is progress-
ing well in the five-year plan it
set for itself in December of
2005,” J.P. Morgan Securities
analyst Roberto Cuca wrote.

Tooley said he remains
impressed with Merck’s cost-
cutting progress and growth in
both the top and bottom line
— despite the comparison to a
year ago, when Merck still had
quarterly Zocor sales of about
$1 billion.

Merck took a charge of $210
million to boost to $810 million
its reserve for defending
against lawsuits over Vioxx,

chant for Walmart.com, to

‘ senior vice president oversee-

ing women’s apparel, jewelry,
shoes and accessories as well
as product development. Mat-
tison will be based in the com-
pany’s trend office in New
York City.

Wal-Mart share rose 6
cents to $48.12 in trading.

the painkiller it pulled from .
the market in 2004 after
research showed it doubled
cardiovascular risks. The com-
pany expects the reserve to
cover legal costs through
2008.

Merck raised its 2007 profit
forecast to between $3 and.
$3.10 per share, excluding
15-20 cents for restructuring
and layoff charges, and raised
its sales forecast by about $1.1
billion.

At Schering-Plough, net
income jumped 118 percent to
$517 million, or 34 cents per
share, from $237 million, or 16
cents per share, a year ago.
Excluding charges related to a
licensing payment and the
planned acquisition of Orga-
non BioSciences by year’s end,
the company would have
earned 41 cents per share.
Sales grew 13 percent to $3.18
billion, mainly on the strength
of Vytorin and Zetia. The joint
venture brought it $490 mil-
lion in equity income. .

Analysts expected a profit
of 35 cents per share excluding
one-time items on sales of
$3.07 billion.

Despite the profit jump and
the company beating analysts’
expectations, Schering-Plough
shares slipped 19 cents to
$31.30 after rising as high as
$32.50 earlier in the session. Its
52-week high is $33.81.



—~g



THE TRIBUNE

TUESDAY, JULY 24, 2007, PAGE 5B





Carnival and Royal Caribbean
pull outs hit arrival figures

@ By CARA BRENNEN-
BETHEL
Tribune Business
Reporter

CRUISE passenger arrivals
to the Bahamas dropped signif-
icantly during the months of
April and May 2007, with the
pull out of several Royal
Caribbean cruise lines ships and
the pull out by Carnival’s Fan-
tasy vessel having a major
impact.

According to the latest sta-
tistics released by the Ministry
of Tourism, cruise arrivals
declined overall by 17 per cent
in April, with Nassau/Paradise
Island as the first port of call
decreasing by 20 per cent.
Grand Bahama cruise arrivals
declined by four per cent, and
the Family Islands by 17 per
cent.

In May, cruise arrivals to Nas-
sau/ Paradise Island as a first

'





@ CRUISE ships and other vessels in Nassau harbour

port of call increased by three
per cent.

However, overall, the
Bahamas saw a decline of 10
per cent in its cruise arrivals,
with Grand Bahama experienc-
ing a massive decline of 36 per
cent and the Family Islands
experiencing a decline of 17 per
cent.

The May year-to-date figures
revealed that, overall, the num-

bers were down by five per cent,
the same percentage for Nas-
sau/Paradise Island. Grand
Bahama decreased by 14 per
cent and the Family Islands saw
a minimal drop of one per cent.

According to the ministry, the
numbers were down because
most of the cruise ships brought
in fewer passengers than in
2006.

passengers to Nassau/Paradise
Island, and the Bahamas lost
the benefit of its Fantasy ship,
which usually called overnight
in the port of Nassau.

In addition, other cruise ships
did not call into the Bahamas
or may have only visited their
private islands. Grand Bahama
also missed the benefits of
yachters and boaters.

In May, the ministry noted
that more passengers were on
ships calling in Nassau, which
offset the decline in some ships
calling with fewer passengers.

The ministry noted that
despite the fact that the Carni-
val’s Fantasy had been pulled
out in November 2006, Carnival
still managed to bring in more
passengers in May than the
same period in 2006.

Further, Royal Caribbean
did reduce the number of ships
that come to Nassau/Paradise
Island in May 2007. The Explor-

er of the Seas, the Navigator of
the Seas and the Voyager of the
Seas did not go to the Bahamas
at all, regardless of port of

entry.

The pull out by Royal
Curibbean had the biggest
impact on Grand Bahama.

We will be

CLOSED
On Friday July 27th
To observe a well -deserved “Fun Day”

Carnival brought in fewer

‘Double-digit’ tourism decline ————_—

destinations were stepping their game up.
“T just got back from Cancun last night,
and they have rebounded significantly from
the hurricane. The overall experience from
the airport experience, the service level,
were outstanding. They have not returned
to the levels that they were before; they
have exceeded it,” Mr Miller said.
“He added that Cancun was also benefit-
ing from a $30 million marketing blitz.
One area of concern from the WHTI was
the impact it would have on group travel.
The April statistics confirmed what Bahami-
an hotels had also said - that Spring Break
travellers to this country have significantly
.dropped.
Just this weekend, during his keynote
address at the Bahamas Chamber of Com-
merce banquet, Prime Minister Hubert
Ingraham noted the effect that WHT1
would have on Bahamian tourism:
“WHTI has created for the Bahamas a

levelling of the competitive framework,
meaning that a critical advantage of the
Bahamas over’ the rest of the Caribbean
has been lost,” Mr Ingraham said.
“Erosion of this advantage, when cou-

. pled with the introduction of low-cost, low

fare airlift provided by carriers like Jet Blue
and. Spirit Airlines, makes the wider
Caribbean much more accessible and
affordable to the US consumer.”

The Ministry of Tourism data showed
April air arrivals to islands such as
Eleuthera, Abaco, and Bimini remained
positive, rising by 3 per cent, 1 per cent and
3 per cent respectively. Andros island saw
air arrivals rise as well by | per cent.

However, air arrivals to the country’s
two main cities were down by double digits,
on Nassau/ Paradise Island by 11 per cent
and Grand Bahama 12 per cent. Cat Island
saw the largest decrease in air arrivals for
April, falling by 35 per cent, followed by the

Berry Islands at 26 per cent, Exuma at 16
per cent, San Salvador at 15 per cent and
Cat Cay by 14 per cent.

In May, the Ministry reported that air
arrivals to Andros were up by 59 per cent,
to Cat Cay by 31 per cent, the Berry Islands
by 14 per cent and that again Long Island
was able to begin rebounding from its air-
port troubles.

However, overall air arrivals for the
month were down by 9 per cent.
Nassau/Paradise Island remained in the
negative double digits of 12 per cent, slight-
ly behind the 15 per cent drop in Exuma:

Grand Bahama declined by 3 per cent,

Abaco by 4 per cent, Bimini by 3 per cent,
Cat Island by 12 per cent, the Ministry said.

Year-to-date air arrivals showed that
Abaco, Andros, the Berry Islands, Bimini,
Cat Cay and Eleuthera were up. Long
Island saw a massive increase of 121 per
cent. Jo...



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PAGE 6B, TUESDAY, JULY 24, 2007 THE TRIBUNE

Ne
pupLic notice | Government ‘unlikely’ to

appeal Home Centre ruling











The Public is hereby earivieecl that |, MORMA
ANTHONY ZERWOS of 3 Twynam Avenue , PO. Box
BEFGS, Masenu, Baherrete intercl to change my reine
to If there sre sry
obpctions to this change of rene by Deer! Poll, you
rst write such objections to the Chief Passport Officer,










Court Justice Stephen Isaacs — payment of duty. Customs the items that were

F.O.Box H-742, Klasesu, Behearmee no letter than thirty (30)

clays after the clete of publication of thie notice.

PUBLIC NOTICE



INTENT TO CHANGE NAME BY DEED POLL

| The Public is hereby advised that |, PEARL ALISA
SOBEL COAKLEY of Golden Gates No.2, PO. Box
N-8724, Nassau, Bahamas intend to change my name

to ALISA PEARL SOBEL COAKLEY. If there are any

objections to this change of name by Deed Poll, you
may write such objections to the Chief Passport Officer,
P.O.Box N-742, Nassau, Bahamas no later than thirty (80)

days after the date of publication of this notice.

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Office Finacial Centre. Offered at $8,000,000.

~ GILINGAM HOUSE - MONTAGU

Class “A” Office Space Available!

Top floor comprises of 2,562 sq. ft. of leasable area and 1,108
2q. ft. of cornmon leasable area totaling 3,670 gross square
feet. Lease is $32 per square foot with CAM charges being $12
pers square foot. This floor is being leased with partial office
furnishings.

Contact Kingsley Edgecombe
Ph: 242-424-4959
Email: kingsley @kingsrealty. com



EMPLOYMENT
OPPORTUNITY






FROM page 1

The minister said the Grand
Bahama Chamber of Com-
merce, Port Authority and the
Government all seemed
amenable to resolving the issue.

“I think it is now time to
work out an arrangement that
will satisfy all parties on what
needs to be done, within the
ambit of the law,” Mr Laing
said.

He received backing from Mr
Lowe, who told The Tribune
yesterday: “We look forward to
finally getting some progress
made with respect to a defini-
tive policy and ther Hawksbill
Creek Agreement.

“It’s been a long time com-
ing, but hopefully we can get
Freeport to become what it
should be.”

The ruling by Supreme

effectively allows the Home
Centre to bring all the prod-
ucts it is stocking at its West
Atlantic Drive store into
Freeport duty-free, without
having to pre-pay duty on
goods before they are sold.
Prior to the ruling, the
Home Centre and all other
GBPA licensees, such as Kel-
ly’s (Freeport) Dolly Madison,
Bellevue Business Centre and
Bahamas Copier, had to pre-
pay customs duties on the por-
tion of imported inventory
classified as non-bonded.
Therefore, Justice Isaacs’
judgement has major implica-
tions for the way in which Cus-
toms duties - the Governmen-
t’s main source of revenue -
are collected in Freeport, as it
opens the way for all licensees
to bring in their inventory
entirely bonded, with no pre-

Legal Notice

“INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

MAXPRO PACIFIC LTD.

In Voluntary liquidation

“Notice is hereby given that in accordance with Section 137 (4)
of the International Business Companies Act (No. 45 of 2000),
MAXPRO PACTFIC LTD. is in Dissolution.”

The date of commencement of dissolution is the 8th day of July,

2007.

Peter Pao
790, Portola Ter. Los Angeles
LA90042
Liquidator

WOOO AMO COLO-FORMED STEEL TRUSSES

DESIGN

ENG NEER NG

COMPETIPVE PRICING
FAST BIDDING INFORMATION

361-7764
Road to Cry Dump after Prenax
Email: qgorngcragtocralwave.ocom

# WTHORIEED
MAMLPRCTERED

Property Poecsd
oA ee

Pes semeneetts Phas &
Coormpobed ated ler EEDA
Caacterts: Hiecennetie

Cad ine Sot
Pactaaty Prins

BE Texteny an Pk Co wow chip wecdegiohend

The whole controversy sur-
rounding the payment of Cus-
toms duties in Freeport stems
from the fact that the Customs
Management Guide to the
Hawksbill Creek Agreement,
the very foundation on which
the Bahamas’ second city was
built, has never been set in
statute itself.

Result

As a result, all Port Authoti-
ty licensees have developed
their own methods for dealing
with bonded goods and the
issue of pre-paying and post-
paying duties to Customs,

Bonded inventory is tax-free
if sold to GBPA licensees for
use in their own businesses. On
post-paid items, the standard
practice that has evolved is for
licensees to go through with

sold upon which duty is
payable, and then submit the
required amount on a certain
date each month.

Customs, though, has fre-
quently sought to clamp down
when it comes to bonded
goods, fearing the Government
conceded to much in the
Hawksbill Creek Agreement
and that the bond is open to
too much abuse - for example,
inventory brought in as bonded
by via Freeport and then
shipped directly to non-GBPA
licensees in Nassau, enabling
businesses to avoid duty pay-
ments.

Yet the courts have fre-
quently slapped Customs down
for exceeding its powers, or
exercising those it does not
have in an arbitrary fashion,
when it comes to Freeport and
bonded goods.

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THE TRIBUNE

TITS MG NT PS a PTS Te ee



[HE COLLEGE OF THE Bag

Visit our website at www.cob.edu.bs

}Ucouni, vULY 24, 2007 PAGE 7B



EDUCATING & TRAINING BAEIAMIANS S

Job Description: Director of Campus Life

Position Purpose

The Director of Campus Life develops designs and implements a range
of services to promote the social, cultural, fitness and recreational needs
of students at a College/University. These services include such functional
areas as: advising student government and other student organizations;
co-curricular activities which enhance students’ practical and community-
service experience; activities which develop students’ awareness and
appreciation of multi-cultural social conditions; activities which develop
‘students’ leadership skills; and activities which support students’ physical
fitness and recreational needs

Supervisory and Other Relationships

The Director of Campus Life works under the direction of the Vice
President Student Affairs.

The position is required to have extensive cooperative and collaborative
relationships with faculty, students, staff, the general public and with
professionals in peer organizations. The incumbent is expected to
represent the College/University in a positive manner and to collaborate
with academic and student services departments to contribute to retention
of students.

Major Accountabilities

The Director of Campus Life is accountable for providing services
conducive to positive experiences and development of students at the
College/University through effective performance in these essential
functional areas:

e Program planning and development

e Service delivery

e Development and supervision of staff
e Budget and fiscal management

Examples of Essential Duties

The following examples of duties and accountabilities illustrate the
general of tasks assigned to the position but are not intended to define
the limits of required duties. Other essential duties may be assigned
consistent with the general scope of the position.

A. Program planning and development:
The Director of Student Activities is accountable for developing

programs which contribute to the retention of students and to
enhancing their social and academic experiences at the
College/University. The accountability includes such essential tasks
as:

1. Assessing the social, cultural and recreational needs of the
College/University’s students;

2. Developing programs, strategies, events and activities to meet the
developmental, leadership training and recreational needs of the
College/University’s students;

3. Reviewing and evaluating student activities and services to assess

their effectiveness and making needed changes;

4. Planning and implementation of Student and Parent orientation
programmes and activities.

B. Service delivery:

The Director of Campus Life Activities is accountable for the effective
functioning of assigned student services by directing and participating
in their delivery. The accountability includes (when aESIEnee) such
essential tasks as:

1. Performing and supervising advisement to student organizations;

2. Supervising or arranging for supervision of events, training and
conferences to develop awareness and sensitivity to diverse
cultures including their publicity.

3. Supervising and participating in events and activities for enhancing
socialization, volunteerism and participating opportunities;

4. Supervising. and participating in programs and recreational -
activities;

C. Development and supervision of staff:

The Director of Campus Life is accountable for providing an appropriately
qualified student activities staff and for assuring their effective
performance. This accountability includes such essential tasks as:

1. Recruiting and recommending appropriate qualified staff for the
College/University’s student activities function within the constraints
of fiscal and compensation policy;

2. Providing for training and development of assigned staff to assure
their current and continuing competencies in their respective fields;

DMD RIL te So Re eae ELLOS PR, hd WE PR ed TE oo ee ee ES

and Accountabilities

3. - Providing leadership and direction to assigned staff;

4. Reviewing and evaluating performance of assigned staff, providing
guidance and coaching where needed, and conducting constructive
performance reviews with staff;

5. In collaboration with the College/University Human Resources
Director, providing fair and effective administration of
College/University human resources and labour policies.

D. Budget and fiscal management:

The Director of Campus Life is accountable for management of
financial resources and for the value of services achieved with
investments in equipment, system and human resources. This
accountability includes such essential tasks as:

1. Analyzing the resources needed to fulfil the organizational units
service obligations including development of cost and benefits
_ analyses and forecasts of student services requirements;

2. Preparing fiscally sound budgets including rationales for expected
results to be achieved from expenditures;

3. Monitoring expenditures compared to budgets and initiating needed
corrective action.

Professional Participation and Development

In addition to the accountabilities listed above, the position is required
to carry out the essential duties of:

Attendance and participation at convocation and commencement
ceremonies;

e Service on assigned committees and task forces;
e Attendance and pamlctpanion.s at committee, staff, informational
and professional meetings: * a haere! prise

These may involve attendance at evening or weekend events.
The incumbent is required to maintain currency in the position’s required
fields of professional expertise and competencies including required
computer skills and others bodies of knowledge required for job
proficiency.

The incumbent is required to maintain complete confidentiality of student
records and other materials of a confidential nature.

Qualifications

Incumbents are required to have demonstrated advanced knowledge
and abilities in the following areas:

Advisement of student organizations;

e Student activities including recreational activities and those orientated
. toward providing for enhancement of students’ cultural and leadership
experience;
Strong information technology literacy skills;
Supervising human resources;
Developing and managing operating budgets and plans
Effective oral and written communications

These skills and abilities typically are acquired through combination of
education, training and experience which may include a Bachelor or
Master’s degree in an appropriately related field together with from two
to five years of experience in a related field; or a combination of education,
training and experience which would lead to the competencies required
for successful performance of the position’s essential duties.
While a Bachelor’s Degree is acceptable, a Master’s degree in Higher
Education or related field is preferred.

Work Environment

Incumbents typically perform their work in offices, students centers and
athletics facilities. The work does not normally, involve significant
physical effort. However, incumbents may actively participate in physical
fitness and athletic training and they may accompany students on field
trips. Incumbents also may travel to regional or international meetings
and conferences.
The Director
Human Resources
The College of The Bahamas
Oakes Field Campus
Thompson Boulevard & Poinciana Drive
P. O. Box N-4912
Nassau, Bahamas

Deadline 27th July, 2007

Please visit the College’s website for more information about the
institution and to access the College’s Employment Application Form.



PAGE 8B, TUESDAY, JULY 24, 2007

THE TRIBUNE



Paradise Fisheries
plans expansion

PARADISE Fisheries; the
seafood processor and whole-
saler, is planning to expand
through hiring more staff and
increasing its fishing boat fleet.

Anthony McKinney, Par-
adise Fisheries’ president, said
in a statement that the expan-
sion was due to an expanding
client relationship with Baha
Mar’s Cable Beach Resorts.

The Bahamian-owned firm,
established 17 years ago and
now employing between 80-
100 people, is proposing to add
new processing equipment and
expand its warehouse, too.

Paradise Fisheries supplies
Baha Mar with fish and other
seafood items, such as conch,
shrimp, stone crab, lobster tails
and scallops, along with spe-
cialty items such as Hilsa fish
(from India), halibut and
Chilean Sea Bass.

Other fish and items not
native to the Bahamas are also
imported and then processed
right here in the Bahamas for
distribution by Paradise Fish-
eries.

Mr McKinney said: “One of
our long-term goals is to put
greater emphasis on things

that are Bahamian, and to
grow and give quality service
that tourists and locals alike
enjoy.”

He said of the relationship
between Paradise Fisheries
and Baha Mar: “Building rela-
tionships is important. There
may be other competitors, but
once a good relationship is
established, you will continue
to get good business”.

“Competition is healthy for
our country. Our success
depends not only on growth
and products, but quality as
well.”



@ ANTHONY McKINNEY, president of Paradise Fisheries and Patricia Rahming,
sales associate, display the wide variety of products sold to Baha Mar



AIRPORT, from 1

management of Canadian firm,
Vancouver Airport Services
(YVRAS), is seeking to
announce the licence awards to
the chosen kiosk operators by
August 24, 2007, with the

licences taking effect from ,

October 1, 2007, at latest.
John Spinks, the NADC’s
vice-president for commercial
affairs, told The Tribune yes-
terday that the company had to
increase the number of ‘walk

through’ briefings for potential
kiosk operators from two to
three due to the level of inter-
est.

“We had 55-60 packages
[requests for proposal] taken
out, and 35 to 40 people show
up for the briefings, so there’s a
lot of interest,” Mr Spinks said.

He added that YVRAS had
purchased some six 10 feet x 10
feet kiosks for the winning
licensees to use, but pointed out
that these could be separated
into 10 feet x 4 feet wall units or
shared with another operator.

Therefore, the ultimate num-

ber of specialty kiosk numbers
at the Lynden Pindling Inter-
national Airport could be a

» maximum of 12 and a minimum

of six once all licences are
awarded.

Some concern had been
expressed to The Tribune over
Clause 1.4 in the request for
proposal (RFP) document,
which stated that in addition to
the rent kiosk licensees paid to
the NADC, they could also
offer the airport operator an
“incentive payment” in a bid to
win the licence.

The clause stated: “In addi-

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BAR

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-tion to rent, proponents may
_offer a one-time lump sum

key/incentive payment to
induce NADC to select their
proposal.”

There was concern that this
could lead to kiosk licences
being awarded on the basis of
‘money talks’, rather than a
potential operator’s concept or
business plan, with the airport
not attracting those licensees
who were best for the job.

However, Mr_ Spinks
explained that the NADC’s
evaluation committee would use
“a very specific set of evalua-
tion criteria” - such as business
concept and theme; applicant’s
background, management expe-
rience, operations and market-
ing plan, and capital - to deter-
mine who won the kiosk
licences.

The financial return each
licensees would generate from
paying NADC either a mini-
mum guaranteed rent per
annum or a percentage of gross
revenues (the minimum gross

“revenue percentage on which

rents are to be based is 12 per
cent) would be taken into
account, but Mr Spinks
explained that “the only time”

the incentive payment in Clause
1.4 “comes into play” is if
NADC received two identical
concept proposals that could
not be separated.

If one applicant had offered
to make an incentive payment,
and the other had not, the for-

‘mer would win, Mr Spinks said,

as NADC seeks to maximise
revenues to fund the airport’s
expansion and construction of
new terminal buildings.

He added that Clause 1.4 was
standard practice when it came
to leasing retail space in malls
and airports, both locations

' being highly sought after by

retailers who were competing
for just a minimal number of
outlets.

“We’re clearly looking to
maximise revenues,” Mr Spinks
said. “It’s a standard thing to
include in the retail mall busi-
ness, airport retailing, where
you have a large number of
retailer competing for a small
number of retail outlets.”

In the RFP, the NADC said:
“Over the past 10 years, Nas-
sau Airport’s average annual
passenger growth has been
approximately 2 per cent. Cur-
rent forecasts anticipate growth

will average around 3.2 per cent
through to year 2015.”

Some 3.31 million passengers
are forecast to pass through
Lynden Pindling International
Airport during 2007, some 2.785
million of those being interna-
tional travellers.

By 2015, some 3.847 million
passengers will pass through the
main gateway to the Bahamas,
some 3.287 million of those
being international travellers.
And by 2030, those numbers,
according to the RFP, are pro-
jected to swell to 4.81 million
and 4.21 million respectively.

Of the six kiosks, two are for |
authentically Bahamian-made
goods, such as arts and crafts,
while two more are for Bahami-
an souveniurs as well as those
two categories. For the final two
kiosks, some 25 per cent of the
merchandise they sell must be
authentically Bahamian.

The minimum base rent is
$2,000 per month for a kiosk,
or $3,000 per month with two
operators sharing a kiosk.
Applicants, though, can offer
to pay a higher minimum base
rent or higher percentage of
gross revenues upon which the’
rent calculation will be based.

MINISTRY OF HEALTH & SOCIAL DEVELOPMENT

GOVERNMENT NOTICE

Invitation for Tenders

The Government of The Bahamas is inviting tenders for the necessary
Service, Maintenance and Repair of Tractors and Mack Tandem Trucks for
the New Providence Sanitary Landfill.

Interested parties may obtain further information, inotuding eligibility to
patticipate and may collect the bidding documents upon payment of a non-

refundable fee of $100.00, as of Monday, July 23" 2007.

The Department of Environmental Health Services

Farrington Road
Nassau, Bahamas

Telephone No: (242) 322-8037, Facsimile No: (242) 322-8073
Between the hours of 9:00 a.m. and 5:00 p.m., Monday to Friday.

The method of payment will be certified cheques or cash. Tenders are to be
submitted in triplicate (3) in a sealed envelope(s) addressed to:

The Tenders Board

C/O The Financial Secretary
Ministry of Finance and Planning
Ceeil V. Wallace Whitfield Centre

P.O. Box N-3017
Nassau, NP.
The Bahamas

Tenders will be opened at 10:00a.m. on 21°, August , 2007 at the office of
the Tenders Board, Ministry of Finance and Planning

The Government reserves the right to reject any or all Tenders.





Full Text




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CLOUDS, SUN,
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he Tribune |



Che Miami Herald



BAHAMAS EDITION



Volume: 103 No.201



TUESDAY, JULY 24, 2007



BIT rT Th

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SEE FRONT PAGE OF BUSINESS SECTION



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Privy Council slams judge

Justice Jon Isaacs ‘produced [I QWANRAT Caner osc Comme Cee house’

serious miscarriage of justice’
-in drug extradition case

@ By KARIN HERIG
Tribune Staff Reporter

THE London based Privy
Council has heavily criticised
Justice Jon Isaacs for produc-
ing “a serious miscarriage of
justice” in the drug extradition
case of Lemuel Gibson.

The US government had
been seeking the extradition of
Gibson — with his co-accused
Samuel Knowles and Frank
Cartwright — from ths Bahamas
to stand trial on rug charges
in Florida.

However, the extradition has

to this date not taken place as
Justice Isaacs granted the three
men their habeas corpus appli-
cations and released them.
' The Privy Council, in giving
its majority judgment yesterday,
declared that Justice Isaacs’
conclusion was “astonishing”.

“Indeed no court has since
suggested that it could possibly
be supported. Their Lordships

readily acknowledge that it pro-
duced a serious miscarriage of
justice,” the Privy Council stat-
ed in its judgment.

Even in a dissenting judg-
ment delivered by three Lords
in this case, Justice Isaacs’ ruling
was most severely criticised.

“No one now suggests that
this extraordinary pedantry
could be justified or that it did
not produce a serious miscar-
riage of justice,” Lord Hoffman,
Lord Carswell and Lord Mance
stated. ;

According to court docu-
ments, Gibson — together with
his co-accused Knowles and
Cartwright — were indicted by a
federal grand jury in Southern
Florida on charges of conspira-
cy to import and distribute large
quantities of cocaine and mari-
juana into the US.

In January 2001 the US
requested the three men’s extra-

SEE page 10.

Viktor Kozeny appears

in Supreme Court

@ By NATARIO McKENZIE





@ THIS car crashed into a house on Nassau Street after the driver reportedly lost control on Sunday night. A female passen-

ger was taken to hospital following the accident.
(Photo: Tim Clarke/Tribune staff)

‘Sears questions minister over Morton Salt
| manager's

Probe into cause |
of construction

CZECH-born investor Viktor
Kozeny appeared in Supreme
Court yesterday as his defence
began making submissions over
a habeas corpus application, chal-
lenging the request for his extra-
dition to the United States.

Last September Magistrate

Carolita Bethel approved
Kozeny’s extradition to the US
where he is wanted to face
SEE page 10 @ CZECH-born investor

Viktor Kozeny



workers’ illness
at school site

_@ By ALISON LOWE

Tribune Staff Reporter Sears asked the Minister of
: Health to explain to the House
GOVERNMENT is awaiting | i of Assembly yesterday how the
cause of illness among construc- p Feirigeration) system in: the
tion workers employed at the site morgue. in Grand Bahama

: could break down and not be

ministry of works : corrected for over 24 hours —

approved American company :

Crown land to be available to Bahamian »
investors at concessionary J

the results of a probe into the :

of the T G Glover school.
The

GES’ removal of samples by

means of “deep core boring” on ;
the Horseshow Drive site three :
weeks ago so that a report.on the }
source of the ailments can be gen- :

morgue refrigeration system —

| ll By PAUL TURNQUEST

Tribune Staff Reporter
FORT Charlotte MP Alfred

causing bodies to decay beyond }
a condition that they would be :
suitable for viewing at a funeral. :
who.
bodies of which the MP spoke. were set on fire
: i By PAUL TURNQUEST
mother in that.state caused :
“tremendous anguish and trau- :

Mr Sears’ mother,
recently died, was one of the

Mr Sears said that finding his

SEE page 10



ates

report that
three trucks

Tribune Staff Reporter
TENSIONS continue to esca-

:-late in Inagua, as Morton Salt
: Managers reported yesterday
: that three of their 2006 F-150
: trucks were'set on fire following

a “temporary” three week layoff

of 52 employees.

According to a statement

The Taste on Tuesdays !!
Buy any large pizza with 2 or more.
toppings & Get a medium
1-topping pizza absolutely



ime! n- |» CROWN LAND will be made
page ae A Works Min- : available to Bahamian investors at

The last of the soil samples : concessionary rates for business ven-

: : tures, particularly in the Family
oe eesti a ies :; Islands, Labour Minister Dion
, : Foulkes told the Senate yesterday.

an enetat Ch retiedioat Giving his contribution to the upper
O fiicer Merceline Dahl Regis : chambers’ debate on the Speech from

GES were reportedly already : the Throne, the FNM senator said
: . 7 ¢ that making crown land available to
ue tee pales Korn ne 4 Bahamians is only one of the initia-
ane vars Mt Devedu sate iat. 7 tives his openiieet is pursuing which
while the Department of Envi- : g F 8

tonmental Health bad camiecout 3 will lead to the empowerment of local

7 nvestors.
tests in the area previously, these iavinv
were only pen iron supetticlal: : “We can only transform this econ-

omy by ensuring that — individual
SEE page 10 SEE page 10

i issued yesterday from Morton
: Salt, the trucks, which are typi-
: cally used by supervisors, were
: found with punctured gas tanks
: and cut gasoline lines with
i “charred” pieces of paper on
: the ground near the trucks.

i Police officials believe that
: the vandals were attempting to
i ignite the trucks’ fuel tanks but
: were disrupted.

: The manager of administra-
i tive services for Morton Salt,
i Mr Vivian Moultrie said on

SEE page 10




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PAGE 2, TUESDAY, JULY 24, 2007

THE TRIBUNE



Minnis plans to outsource garbage |

collection in bid to clean up Nasau |

@ By ALISON LOWE
Tribune Staff Reporter

THE Government is making
plans to “outsource” garbage
collection in some areas to pri-
vate companies in a bid to
clean up Nassau’s litter prob-
lem.

Dr Hubert Minnis said he
believes the move is necessary
if declining tourism numbers
are to be turned around, as 50
per cent of visitors polled by
the Ministry of Tourism com-
plained of what Dr Minnis

termed “straightforward nasti- -

ness” in New Providence.
Currently the government

Yesterday, Health Minister |

owns 11 dump trucks. At any
given time, only seven or eight
of those are in operation, while
two or three are “non-func-
tional,” according to Dr Min-
nis. While the government has

ordered five more, some more _

immediate solution must be
implemented to address the
complaints, he said.

. “Despite working 24 hours
a day, seven days a week, they
can’t keep up,” Dr Minnis
claimed.

“Should we wait for nine
months (the length of time it
will be before the new vehicles
arrive) or should we deal with
the problem? And therefore
the solution right now would

be to outsource it, so we can
concentrate on certain areas
and clean up the place once
and for all,” he said.

The health minister, who has
responsibility for solid waste
collection and _ disposal,
explained that New Providence
will be divided into “zones”,
with certain of those zones out-
sourced in a bid to put a dent in
the garbage build up.

Dr Minnis said that, in light
of the importance of tourism
to this country’s economic well
being, along with his own per-
sonal investigations into the
seriousness of the problem, it
would be “inhumane” of him
to allow the problem to con-

tinue to mount.

The minister said that he had
informed staff to get the con-
tracts out to bid “as soon as
possible.” A two to three week
bidding process will then be
carried out before contracts are
awarded and the private com-
panies take to the streets to
clear up the garbage.

In this way tourism could be
“saved”, along with jobs in
related industries, such as con-
struction.

“Tourism is our lifeblood,”

‘said Dr Minnis. “It provides 70

per cent of our employment,
directly or indirectly, and
around 40 per cent of our
GDP.”

Numerous Nassau residents
have also contacted The Tri-
bune in recent years to com-
plain about the mounting prob-
lem of uncollected garbage,
and the knock on effect it can
have on sanitary conditions in
residential and business areas.

Some locals claim their rub-
bish is collected on a very
inconsistent basis, with up to
three weeks allegedly passing
between garbage collections in
certain areas.

One Village Road resident,
in a letter to the editor last
week, said that overflowing
refuse had led to an infestation
of “flies, maggots and rats”
around his home?



Bethel calls for more partnerships between business and education

THE business community has

been asked to join in the effort _

to reform the struggling public
education system.

Minister of Education Carl
Bethel called for partnerships
between private sector entities
and the government, noting that
businesses are searching for
graduates who are trained, able
to perform and predisposed to
becoming contributing mem-
bers of society.

“It is for these reasons, the
development of the public/pri-
vate partnership arrangements
through the Ministry of Educa-
tion is vital. We have to have an
educational system that meets
the developing and the ongoing

.ever-changing needs of this
dynamic society,” Mr Bethel told
business leaders at the Bahamas
Chamber of Commerce “Meet
the Ministers” forum.

Mr Bethel noted that there is -

only one plumber operating on
the rapidly developing island of
Great Exuma. He said it is situa-
tions like this that have caused
the educational system to be
expanded to make technical

trades more available to.students.

“The move has been to
expose all students, even acad-
emically gifted ones, to some

element of technical and voca-.

tional training. The idea is to

bring everything up to the same
level,” Mr Bethel said.

“That is why the technical
and vocational subjects are in
the BGCSE exams now,
because it is an attempt to give
certification and validity, not
only to the academic side but
to technical and vocational sides
as well.” :

Mr Bethel mentioned several
other challenges the education
system is currently facing: “The
failure to have built schools at
all over the past several years is a
critical situation, particularly in

the southwest New Providence, °

.where we are taking urgent

remediation steps at this present:

time, to address the shortfall in
schools by having to add class-
rooms for the time being,

“But more fundamental than
that is a significant portion of
schools have reached the end
of their useful lives,” Mr Bethel
said. He said these schools

‘include the prefabricated build-

ings constructed during the sec-
ond great expansion in educa-
tion in the mid-1970s, which had
a 25-year lifespan and are now
in their 30th year of existence.

As a result, he said, there is

going to have to be a massive |

Teinvestment in'School building
ap the sept ate years.

.«. Minister Bethel, said another



Hi MINISTER of Education, Sports, Youth and Culture Carl
Bethel spoke on the challenges facing his ministry at the first
ever Minister’s Forum held by the Chamber of Commerce.

“critical issue” facing education
is the question of adapting the
curriculum to produce students
who are comfortable in their
‘learning environment, and com-

fortable with what they are.

learning.

He said the education system
needs to be able to handle stu-
dents who are challenged in the
classroom, so that they are not
shunted to the side and allowed
to graduate with little or no
skills.



(Photo: BIS/Patrick Hanna)

‘The minister said greater
emphasis is being placed on
identifying students with
speech impairments, learning
difficulties and those who
learn in a different way than

others. He said they will be.

given extra services to bring
them up to the same level.
Mr Bethel also admitted

that some “deep issues” exist.

in terms of curriculum devel-
opment.

He'explained that the
exams students must take
before graduation are based

upon the application of knowl-

edge. “What I mean,” he said,

“is in the old way of training,
they just memorised. They
memorised the six wives of
Henry the Eighth, they mem-
orised the date of the Battle of
Hastings, they memorised the
day when the Eleutheran
Adventurers came.

“They were not taught to
apply that knowledge in a
meaningful way. But thinking
in education changed. The
curriculum and the method of
teaching have not caught up
with where the exam is,” Mr
Bethel said.

He said the FNM govern-
ment has fulfilled three of its

promises — significantly

increasing the number of
scholarships available to
Bahamians for tertiary level

education; resuming the pay-:

ment of one half of the inter-
est of the education guaran-
teed loans and investing “‘mas-
sively” in the repair and refur-
bishment of school buildings.

“The task of repairing
schools greatly exceeds what
you can imagine the cost of
and the extent of it,” he said.
“At last count, 159 active
works of renovation and con-
struction are going on, and in
some schools there are two or

three separate projects going

on.

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© In brief

48-year-old
in hospital

_ following
shooting

A 48-YEAR-OLD man was
shot in the groin on Sunday
night and is listed in serious but
stable condition at the Princess
Margaret Hospital.

According to police chief
superintendent Hulan Hanna,
a 24-year-old man has been
arrested and is in police custody
in connection with this matter.

The victim, Carl Lopez, was
reportedly in the area of Farmer's
market, Baillou Hill Road south,
sometime around 7.40pm.

Officers responded to a
report of the shooting and dis-
covered Mr Lopez, who
informed them that he had been
accosted by a young man who
discharged several shots in his
direction, hitting him in the
“lower body area”.

The suspect reportedly escaped
the scene in a red Daewoo.

Officers later took a resident
of Sunshine Park into custody.
He is reportedly helping the
police with their inquiries.

Mr Lopez’s condition is
described as serious but is not
believed to be life threatening.

Also sometime around 8pm
on Sunday, an 18-year-old resi-
dent of Pinewood Gardens was
arrested in the Yellow Elder
area in connection with the dis-
covery of three live rounds of

_ ammunition.

An individual is expected to
be brought before the courts
sometime this week in connec-
tion with this matter, police said.

Lifting finance
rules could
double trade
with Cuba

m@ CUBA
Havana



AMERICA’S: trate: with
communist-run Cuba could
double if the U.S. lifted limits
on financing agricultural sales
to the island, the US Interna-

tional Trade Commission says
in a report released this week,
according to Associated Press:
“All agricultural commodity
sectors would likely benefit
from the lifting of the financ-
ing restriction,” said the 180-
page report released Thursday.

Under an exception to the 45-
year-old US embargo on Cuba,
American producers can sell
food and agricultural products
to the Caribbean nation on a
separate excep-
tion allows sales of US. medi-
cines and medical supplies to
the island.

American farm producers
complain the transactions were
slowed beginning in 2005 by
new US rules requiring them to
receive payment from Havana
before shipping their goods.

The commission’s report was
welcomed by the USA Rice
Federation, which opposes the
financing rules and supports leg-
islation to lift US trade and trav-
el restrictions on Cuba.

“The United States was the
principal supplier of rice to
Cuba béfore sanctions were
imposed, and will be again once
they are removed,” said Mar-
vin Lehrer, USA Rice senior
consultant for Cuba.

Havana says it has spent
more than $2.2 billion on Amer-
ican farm products and related
costs since 2001, when it began
taking advantage of a US law
allowing the deals.

Regular
Bahamas
visitor passes
away

LONG time visitor Fosdick
of Ann Arbour, Michigan died
on Friday July 20.

Mr Fosdick, was a regular
winter resident in the Bahamas
for more than 30 years, stayed
in the Carefree apartment com-
plex on Cable Beach.

Ui
EXTERMINATORS
MM tsb al by
PHONE: 322-2157
THE TRIBUNE TUESDAY, JULY 24, 2007, PAGE 3

LOCAL NEWS





Oln brief

Man faces
charge of
robbing cell
phone booth

A MAN accused of rob-
bing a cell phone booth was
arraigned in Magistrate’s
Court yesterday.

Lewis Alexander Williams,
27, of Pinedale, appeared in
court 11 on Nassau Street
yesterday on the charge of
armed robbery.

It was alleged that on Sat-
urday June 9, while armed :
with a handgun, Williams
robbed Erold Joseph of $300 :
cash as well as $300 worth of
assorted of cellular phone
cards property of the Talk-a
Lot phone card booth on
East Street South.

Williams was not required
to plead to the charge and
was remanded to Her
Majesty’s Prison, Fox Hill.

A preliminary inquiry is
scheduled to take place on
October 26.






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LAW Enforcement officials making a final count of the suspected drugs discovered aboard a
Bahamian-registered vessel on Sunday night. The illegal drugs were discovered during a routine
search of the vessel by marines assigned to the Harbour Patrol Unit of the Defence Force.

Three arrested.
after police find |
huge drugs haul

LAW Enforcement officials
loading suspected drugs into a
vehicle at the Harbour Patrol
Unit facility on Sunday night.

Man accused
of firearm and
‘marijuana
possession

A MAN, 32, of Rocky Pine
Road was arraigned in Mag-
istrate’s Court yesterday on
weapons and drug charges.

Antonio Adams appeared
before Magistrate Carolita
Bethel at court eight in Bank
Lane.

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It is alleged that on Friday,
July 20, Adams was found in
possession of a black Block

.9mm pistol.

‘It is also alleged that on the
same day, he was found in
possession of 40 9mm bullets
and a quantity of marijuana
which authorities believed he
intended to supply yo anoth-
er.

The prosecution is claim-
ing that Adams was found in

‘possession of 335 grams of
marijuana.

Adams pleaded-not guilty
to the charges and:was grant-
ed bail in the sum of $15,000.,

The matter was adjourned
to February 19, 2008.







THREE men are in police
custody after the discovery of
suspected illegal drugs onboard
a boat.

The men were apprehended
by the harbour patrol unit of
the Royal Bahamas Defence
Force on Sunday evening near
East End Point in New Provi-
dence.

“During.a patrol of this area
at 7.30pm, marines assigned to
the patrol craft HMBS P-114
stopped a 22-foot open motor
craft along with its occupants
for a routine boarding search,”
said the Defence Force in a
statement released yesterday.
“A search of the vessel uncoy-
ered a quantity of packages of
suspected illegal contraband
aboard the craft.”



Share
your
news

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

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





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The suspected drugs. were
eventually taken to the Harbour
Patrol, where a more thorough

search of the vessel was con- .

ducted along with officers of the
Drug Enforcement Unit (DEU)
of the police force.

According to the statement,
12 duffel bags and eleven 11
small packages. of suspected
marijuana were uncovered dur-
ing the search.

Two Bahamian men and one
Jamaican are in police custody
in connection with the incident
and are helping officers with
their inquiry.

“Tn maintaining its mandate,
the Defence Force has contin-
ued to be vigilant in its fight
against illegal activities within
Bahamian territories,” the state-
ment continued. “Patrol craft
and personnel are stationed at
strategic points throughout the
Bahamas, to ensure that perpe-
trators are caught and brought
to justice.”

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PAGE 4, TUESDAY, JULY 24, 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, PO. Box N-3207, Nassau, Bahamas
Insurance Management Building., P.O. F-485, Freeport, Grand Bahama

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

Malcolm Adderley tells his tale

WHILE THE MEDIA and his party col-
leagues try to entice Elizabeth MP Malcolm
Adderley to.the telephone so that he can tell
them in plain, simple English his intentions
for his political future, Mr Adderley had
already done so by allegory as a prelude to his
recent contribution to the budget debate.

Young reporters did not understand his
allusions to the past. They did not understand
his subtle innuendoes, the fact that he was
playing a game of cat-and-mouse with his
political colleagues and inwardly laughing at
their discomfort. Consequently, what he said
was not published. If they had understood
they would have known that their questions
about his future had already been answered.

Mr Adderley described his hopeless situa-
tion during the election campaign by telling the
story of a leaking little dingy, pushed into a
raging ocean with a captain who didn’t know
how to sail. It was only his loyal foot soldiers
of the Elizabeth constituency who stood by
him, supported him and brought him safely to
shore, while colleagues watched from the
seashore hoping the small boat would founder.

This is how Mr Adderley told in allegory his
hopeless situation as a PLP contestant for the
Elizabeth constituency in the May 2 election.
Mr Adderley won the seat and was returned to
the House, but apparently without the sup-
port of his political party.

“Mr Speaker, in May of this year I was put

ei

Elizabeth, there were times when they became
discouraged because of the cries of those from
Elizabeth. But those who stood on the shore
looking from without... Yes, sir, it was not
an easy voyage.

“At one point the crew cried out, ‘Cap-
tain, Captain, what should we do, sir? What
should we do, sir?’ I could only turn to them
and in a cool and collected voice said: ‘It ain’t
long now! There’s no turning back!’

“As a result, sir, we went in the raging
storm. And I am back, Mr Speaker, I am back,
ready, willing and able to perform at my very,
very best. The last five years sitting on the
back bench is rough, you know.

“And.as a former teacher, Mr Speaker, I
sound like a rude boy who is being punished,
but that’s neither here nor there. But, never-
theless, sir, my experience over those years

.. has prepared me for greater service in the
future in this country. If it was not for your
commitment (Elizabeth), your love and loyalty
I would not have been here to serve. Eliza-
beth, you have shown this country your
endorsement of me as the one you wish to
carry your message. I will be your ears, I will
be your eyes and believe you me, I’ll be your
mouth in and out of these honourable halls,

believe you me. Elizabeth, when the storm .

was raging the mv SS Elizabeth was put out to
sea and there were those who stood on the
shore wishing that it would not reach the

e:

Forward,
upward or

EDITOR, The Tribune

Many speak profoundly of
the morning on July 10, 1973
when the tide of the ordinary
Bahamian life changed in a
minute, through independence.
Others comment on the endless
years of struggles which were
compiled in the years of colo-
nialism and slavery and now we
are free to make our own deci-
sions and speak for ourselves
in the councils of the world.

This year we are celebrating
our forebears. It is a known fact
that many of the forebears of
our country are men and
women of colour who fought
against the rigours of oppres-
sion to uplift the masses of
Bahamian people who were
silenced because of their hue.
It was a small few who rose up
amidst the odds, and travelled
to other countries and in some
aspects worked in the attain-
ment of civil liberties of
coloured persons in other coun-
tries, like the United States.
Though the whole process was
exigent, they used the exposure
gained from these experiences
to return to their small country
to assist in achieving liberties
that the average black person
only dreamed.

Dr Myles Munroe, in a sober-
ing message at the Indepen-
dence Ecumenical Service on

LETTERS

letters@tribunemedia.net



July 8, 2007, spoke of indepen-
dence and the benefits and curs-
es of such an attainment, both
of which we are accessible. At
first glance around the Kendal
Isaacs Gymnasium you see
noticeably missing the popula-
tion of “white Bahamians.”
Incidentally though, the Deputy
Prime Minister of the Bahamas,
a white Bahamian, himself, was
present, however, his wife was
not present.

On the contrast, the Prime
Minister brought his wife and
other family members as did
other Cabinet Ministers. Simi-
larly, at the flag raising cere-
mony and cultural show on Clif-
ford Park this same “white”
population was again missing.
The inclination of thought is
that the “white Bahamian”
would not have any other affil-

iation with this country, the

Bahamas, other than for the
economic gains that they have
achieved and continue to
achieve at the expense of the
black citizenry, and their clever
prospect of attaining the lead-
ership of this country once
again. While the Bahamas was a
colony, we recognised that the

backwards?

ruling “white” class controlled
the economy and the leadership
of the country, thus, they fed
the monster of oppression of
the black class who depended
solely on them for their liveli-
hood and maintained loyalty to
them so that they could eat and
their family would be safe.

It is no secret that this minor-
ity “white” class is slowly and
discreetly planning their resur-
gence again. Prime Minister,
Hon Hubert Ingraham recently
named the remainder of the
Board Chairmen to include
Barrie Farrington, who has had
previous affiliations with the
United Bahamian Party (UBP),
the preceding white ruling par-
ty of the Bahamas who blatant-
ly disrespected, exploited, and
demoralised black Bahamians.
We recognize that many of
these appointments had to be
made, though they may be
regarded as iniquitous because
if the “white” merchants funded
the Free National Movement’s
campaign, then they are to be
rewarded, to the compromise
of promises made by Mr Ingra-
ham, himself. Is our country
going, forward, upward,
onward, or are we going back-
wards?

ABAGAIL CARTWRIGHT
Nassau
July 13, 2007,

Request for future Days
Gone By page subject

_ EDITOR, The Tribune

: . te in Miss World and __ orah Major-Frazier was 2nd

out to sea in a small dingy called the motor shore. You stood to the left, you stood to the eee ‘ : :
: * : 2 then in 1968 the Miss Interna- runner-up in the Miss
vessel SS Elizabeth,” Mr Adderley told the. "right, you stood to the front and back of me, I WOULD like to say whata tional Bahamas contest was Caribbean World contest in

Speaker. “Sir, I ain’t no island boy. I have
roots in the great island.of Long Island. Mal-
colm, Sr came from Burnt Ground north.”
He said his mother’s family came from the
other end of Long Island — South End around
Mortimers. as
Mr Adderley said that when he was a young
man at SAC he could manage to run — the
member for Clifton and the member for Bain
Town should remember those days, he said. “I
could manage to run, but you know my
strength was never swimming. So you know I
must have been in trouble in this small dingy.
“This dingy had holes from front to back,”
he continued. “It-had no sail; it had no motor;
it did not even have’a rudder, but, far away
from Elizabeth I was lost at sea. At the time
the sea was raging, the waves were blowing
and there were those on the shore who were
anxiously awaiting with baited breath to see
_ the motor vessel SS Elizabeth sink. Despite the
tremendous courage of the crew on the mv SS

sheltering me. The more the winds and the
rain blew, you even refused to let me get wet,
you held my hand on the wheel, keeping it
steady as we weathered the storm together.
You, Elizabeth you kept my spirit high you
told me don’t worry our dingy is going to
make it to shore.”

Before the sun set that rene they had
arrived safely on shore.

Mr Adderley was returned as re MP for
Elizabeth, without, according to this story,
help from his political party — the PLP.

As he spoke to the House, he said his soul
was dancing. These were the parting words
of Sir Cecil Wallace Whitfield, who said that
not only was his soul dancing, but that at last
it was free, when he, a cabinet minister, walked
out on ‘Sir Lynden.and the PLP. ‘Was it with
these same words that Mr Adderley was now
saying farewell to his political party — a par-
ty that had for five years suffocated his ambi-
tion to serve?



wonderful paper The Tribune
is and I enjoy reading it every-
day. As a lover of history I
especially enjoy your Days
Gone by section which is fea-
tured regularly is your fine
pages. I would like to make a
suggestion for your Days Gone
By section.

How about covering the dif-
ferent Beauty Contests over

. the years. In the 1960’s, 1970s

and the 1980’s the Pageants
were big glamorous events. In
the 1960’s it took the form ofa
dinner dance. There was Miss
Bahamas started in 1961 were
the winners went to Miss Uni-
verse starting in 1963. There
was Miss Jaycee Bahamas in
1966 in which the winner
Dorothy Cooper Horton
became the first Bahamian to

formed and the winners
went to Miss World. A few
years later the name was
changed to Miss Common-
wealth Bahamas.

Some of the Bahamas’ most
elite women entered the con-
test and only finest of people in
the society were selected as
judges. The pageant always

included top notch entertain-

ment and over the years many
prestigious out of town guests
and international celebrities
attended.

Leonora Rodgers-McCart-
ney, the first runner-up in the
first Miss Bahamas contest in
1961 later took over the crown
from Brenda Major-Barry went
on to win the Miss Pam of
Tourism contest in Haiti com-
peting against girls from The
Caribbean, Central and South
America, Canada, USA among

others. In 1972 Miss Bahamas .

Trinidad. Miss Bahamas 1980
Linda Teresa Smith Holowesko
won the Miss Amity Award at
the 1981 Miss Universe pageant
in New York City USA, Miss
Bahamas 1981 Ava Marilyn
Burke Thompson won the Miss
Photogenic Award at the 1982
Miss Universe pageant in Lima
Peru. Miss Commonweaith
Bahamas Jody Weech of Bimi-
ni made the top 10 at Miss
World in 1992 winning the title
Miss World Caribbean and Miss
Bahamas 2000 Nakera Simms
won the Miss Congeniality
Award at Miss Universe 2001
in Puerto Rico.

I think people would be inter-
ested to see clips from the
pageants of yesteryear. You
could maybe go from year to
year or something: It is just a
suggestion. Keep up the good
work. All the best in the future.

Deborah Taylor Meade of A LONGTIME LOYAL
Bimini placed 1st runner-up in FAITHFUL TRIBUNE
the Miss Tourism Caribe con- READER

test in Venezuela, Miss Com- Nassau

monwealth Bahamas 1979 Deb- July, 2007

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Judge should |
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election cases

EDITOR, The Tribune

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JUDGE Anita Allen should recuse herself.

During the just concluded general election campaign we had
occasion to refer to Algernon Allen who openly showed his support
for the PLP. It will be remembered that Mr Allen as an FNM can-
didate was defeated by a “rookie” politician in the 2001 General
Elections. He subsequently went into hibernation and thereafter we
did not hear from him.

As the 2007 General Elections campaign took off Mr Allen
emerged along with other disenchanted former FNM politicians and
threw his full support with the PLP.

The FNM under the outstanding and capable leadership of Mr
Hubert Alexander Ingraham, emerged as the winners of the Gen-
eral Elections. We have since had published several reasons why the
PLP lost and we stated “when the PLP embraced those individuals
whom we would categorise as ‘FNM rejects’, that was a mistake
and....those individuals galvanised the FNM supporters”.

At the first town meeting prior to the 2001 general elections
when a distinguished panel presented their views concerning the
proposed referendum, Archbishop Gomez expounded on “per-
ception” and was quite convinced that the referendum would fail.
In the present matter, the election court cases, we submit the fol-
lowing — Judge Anita Allen is undoubtedly a very capable Judge
and is highly respected, however, we are of the view that she
should recuse herself as one of the two Judges.

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THE TRIBUNE

TUESDAY, JULY 24, 2007, PAGE 5





Canadian PM

lauds security
improvement

in Haiti

@ HAITI
Port-au-Prince

CANADIAN Prime Minister
Stephen Harper on Friday
praised Haiti’s improved securi-
‘ty climate but said people in the
impoverished Caribbean nation
still face “enormous challenges”,
according to Associated Press.

Wrapping up a weeklong tour
of Latin America and the
Caribbean, Harper toured the
notorious Port-au-Prince slum of
Cite Soleil, which had been con-
trolled by armed gangs until UN
peacekeepers launched a fierce
crackdown earlier this year.

“It is apparent that the people
who live there feel increasingly
secure,” Harper told reporters
during a joint news conference
with Haitian President Rene
Preval.

Despite the improvements,
Harper said “you see how diffi-
cult life is for most people” in
Cite Soleil, considered the poor-
est neighborhood in the Amer-
icas and where people live in
rows of dirt-floor, bullet-scarred
hovels with no electricity or run-
ning water.

- “There are enormous chal-
lenges that people face,” said
Harper, who was making his
first visit to the country. .

Haiti is still struggling to
recover from a crippling 2004
revolt that toppled former Pres-
ident Jean-Bertrand Aristide
and prompted the deployment
of a 9,000-strong U.N. peace-
keeping force.

Police find
car of Swiss
professor in
killing probe

@ JAMAICA
Kingston

A SWISS professor’s sport-: :
utility. vehicle was recovered” :

Friday by police investigating
his possible avant. according
to Associated Press.

The body of Peter Vogel, a
60-year-old zoologist, was found
Thursday gagged with his hands
and feet bound inside his home
on the University of the West
Indies campus in Kingston.

Sgt Radcliffe Levy said police
- recovered Vogel’s. Suzuki
Vitara, which was missing from
his home along with a comput-
er and television.

The university said it has
assigned additional guards to
patrol the residential area of its
Mona campus at night. It said a
back door of the professor’s

home was open, but there was . :

no sign of forced entry.

Vogel, who came to the Uni-
versity of West Indies in 1985,
specialised in the study of birds
and amphibians, including the
Jamaican iguana.

Cases of West
Nile virus
confirmed in
Puerto Rico

m@ PUERTO RICO
San Juan

TWO human cases of West
Nile virus have been confirmed
in Puerto Rico, and one other

probable case is awaiting final .

lab tests, health officials said
Friday, according to Associated
Press.

The West Nile virus, which
was first reported in the US
Caribbean territory in 2004, was
detected when the infected peo-
ple donated blood, Health Sec-
retary Rosa Perez Perdomo
said. Since the virus can be
spread through transfusions,
blood banks screen for the mos-
quito-borne virus.

The two infected islanders,
whose identities were not dis-
closed, were Puerto Rico’s first
human cases of West Nile this
year.

. Government epidemiologist
Enid Garcia Rivera said the two
people from an unspecified area
on the Caribbean island’s east
coast, where several birds have
recently tested positive for West
Nile, have not shown any symp-
toms of the disease.

West Nile is transmitted
through the bite of a mosquito
that has picked up the virus by
feeding on an infected bird.

Health officials say the virus
typically causes symptoms such
as fever, nausea, headache and
muscle aches in about 15 per
cent of those infected, and that
the large majority experience
no symptoms.

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Healthy living
programme is
launched at Rand

@ By DENISE MAYCOCK
Tribune Freeport Reporter

FREEPORT - The number
of hypertensive and renal
patients coming in to the Rand
Memorial Hospital is increas-
ing on an almost daily basis, it
was revealed yesterday.

In the effort to combat the
poor lifestyle choices that can
lead to these illnesses, hospital
officials announced plans for
the launch of the 100-day
Healthy Lifestyle Challenge
on Grand Bahama.

At a press conference held
at the Rand, hospital adminis-
trator Sharon Williams intro-
duced committee members for
the new health initiative, which
will be officially launched by
Minister of Health Dr Hubert
Minnis.

Betty Kemp, dietitian at
Grand Bahama Health Ser-
vices, said: “Everyday within
the hospital here we are greet-
ed by a whole lot of newly dis-
covered hypertensive patients,

‘and more and more everyday

we are seeing a whole lot of
renal patients, to persons with
kidney disease, resulting from
uncontrollable hypertension

i and diabetes.”

Ms Williams said that a 10-
member committee has been
appointed with the responsi-

bility for this year’s new
healthy initiative.

“This week, we are getting
set by further advertising, com-
municating and continuing the
registration of the programme
in Grand Bahama ... so that
when the minister says go at
the end of this week, we will be
ready to begin our 100-day
milestone in Grand Bahama.

“This effort challenges not
only the community, but the
community health leaders to
get in the trenches and active-
ly work alongside with the indi-

viduals and groups toward ~

changing the practice of the
way we live for a healthier
future,” she said.

Nursing officer Yvonne
Clarke, co-ordinator for
Healthy Lifestyle, said that
preliminary work is underway
in Grand Bahama, where they
are looking for groups to reg-
ister for the ‘healthy dozen
club’ challenge.

She said the groups can con-
sist of any number of persons,
and each group member must
fill out a registration form.

Once persons are registered,

they will undergo a screening
process conducted by healthy
lifestyle committee members.

Participants will be issued a
healthy dozen club passport
which consists of health tips

and guidelines they can follow. . |

“We are seeking to partner
with the Grand Bahama Can-
cer Society, GB Diabetic and
the GB Heart associations, as
well as with various institutions
such as health spas and clubs,
and gyms,” she said.

Ms Clarke also noted that a
number of activities will be
implemented, including a
‘water day’, ‘fruit day’, ‘read
the label day’, a healthy lifestyle
exhibition and a health walk.

Ms Kemp said that dietitians

will conduct nutrition screen-.

ings by looking at the BMI
(body mass index) healthy
weight status for height.

They will look at social his-
tory, family and past medical
history, and also carry out a
nutritional assessment.

“We will teach people: the
skills necessary to select foods
that will make for a healthier
diet, and teach them how to
read food labels. They will
understand the caloric intake
from food, what the salt con-
tent is, and what the dietary
fiber content is of the food
they eat,” she said.

Ms Kemp said that it is
important that persons drink
lots of water, and downsize
their food portion size to avoid
overeating, which is the main
cause of obesity.

Cable Bahamas donates to theatre group



CABLE Bahamas has
boosted Bahamian culture with
an investment in young actors
through its Cable Cares pro-
gramme.

The company said it con-
tributed “a significant dona-
tion” to Track Road Theatre’s
Drama Rama summer camp
this year.

The organisation has been a
leading contributor to the sum-
mer camp in all three years
that it has been held.

“The latest donation was
enough to sponsor 10 of the
25 young actors enrolled in
Drama Rama,” said the com-
pany in a statement. “The
camp introduces children
from age five to 16 to stage
acting and set design. The stu-
dents will present four origi-
nal skits in the camp’s closing
show on July 26 at Worker’s
House.”

The show, entitled “Hear
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Bahamas, are Track Road Theatre representatives Matthew
Kelly, Ebony Johnson and Demetra Rolle

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THE TRIBUNE





Two hundred new slips are.
added to landmark marina:

ALICE Town, Bimini- A
landmark marina that host-
ed the rich and famous has
been reconstructed and
expanded.

The new Browns Hotel
and Marina officially com-
missioned 200 slips on Sat-
urday with Tourism and
Aviation Minister of State,
Branville McCartney, who
hailed it as “a big step” in
the revitalisation of this leg-
endary community.

Accompanied by director
of civil aviation Cyril Saun-
ders and Tourism and Avia-
tion’s Under Secretary Lor-
raine Armbrister, Mr
McCartney used the occa-
sion to meet with stake-
holders in Bimini’s tourism
and aviation affairs.

“JT listened attentively to
the concerns of Biminites,”
-said Mr McCartney. “I
heard from hoteliers and
investors, local and interna-
tional.

Prospers

“It is our desire to do the
very best we can to ensure
that Bimini prospers to the
fullest, even surpassing its
internationally renowned
past glory.

“We all appreciate the
confidence Stanley Levine
and Bimini Heritage have
expressed in Alice Town’s
renewal. We look forward
to the completion of the
project, assisting where we
can.”

The site of the new
Browns Hotel and Marina
has a long history. Big game
fishing pioneer Harcourt
Brown, of Bailey Town,
Bimini built the original
Browns Marina in 1933. The
wooden dock was made of
planks salvaged from the old
Bimini Rod and Gun Club.

@ MR MCCARTNEY takes part in the ceremonial ribbon cutting officially opening Browns

Hotel and Marina’s 200 new slips. Pictured from left are Bimini Heritage director Bruce Oxosz,
Kathryn Orosz, Minister McCartney, Stanley Levine, President Bimini Heritage; and Greg

Roberts of Big John’s.

The new Browns is the
centre piece of plans to revi-
talise downtown Alice
Town. Mr Levine, president
of Bimini Heritage, said he
was inspired by, his “passion
and love for Bimini, for the
Bimini people, and the
Bimini culture.” A lawyer-

businessman, he has been a

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frequent visitor to the island
for many years

“This is the culmination
of a lot of work and a lot of
vision,” he said. “We are
very mindful of the history
and heritage of Bimini.

“As we move on to the
future with new buildings
and the amenities that are



BIMINI vendor in the new
Craft Centre, Cleola Hanna, fits
Tourism and Aviation Minister
of State Branville McCartney
with a straw hat.

(Photo: Mendell Rolle)

@ TOURISM and Aviation
Minister of State Branville
McCartney met with Bimini air-
port security staff. Pictured
from right are director of civil
aviation Cyril Saunders, Mr
McCartney, undersecretary Lor-
raine Armbrister, Antionette
Stuart of the Bimini Tourist
Office, and security personnel

Letesha Kelly and Khenra.

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going to go with it for the
community, this day will be
recorded, I hope, as a turn-
ing point for the revitalisa-
tion of Alice Town, and that
the glory days are going to
be hére again and it is going
to befor and with the com-
munity.”

The first marina in the
harbour, the new Browns
will feature luxury boutique-
style lodging and 17 one,
two and three-bedroom con-
dominium hotel apartments.
The marina slips will be con-
nected to their adjacent
properties. by a 300-foot
boardwalk.

Historian.

The original Browns was
one of the first to offer
dockage to big game fisher-
men in the Bimini, recalled
local historian and poet
Ashley Saunders.

“It was here at Browns
Marina where Ernest Hem-
mingway, the gr
American writer of the 20th
century, docked his boat
Pilar when he visited Bimini
for the first time in 1935.

“In fact,” Saunders
explained, “the first section
of Hemmingway’s book
‘Islands in the Stream’ was
set in Bimini much of it writ-
ten right here at Brown’s

. Marina.

“Hemmingway loved to
fish and hunt and at Bimini
he was the first to land a
tuna that was not mutilated
by sharks. He was always

eatest -



B STANLEY Levine (centre), president of Bimini Heritage
shows Tourism and Aviation Minister of State Branville McCart-
ney (left) what the new Browns Hotel and Marina will eventu-
ally look like. Also pictured is Kathryn Orosz.

landing big fish and those
big fish were brought right
here at Browns Marina.

“As he wrote about these
catches and about Browns
Marina, the publicity attract-
ed other anglers here.

“Bimini became the play-
ground for the rich and
famous.”

Civil rights leader Martin
Luther King, Jr, reportedly
penned his famous ‘I have a
dream’ speech here; the
international media pursued
US congressman Adam
Clayton Powell here; it was
here world records in game
fishing were set and broken.

“Bimini has always been
in the vanguard of tourism
in the Bahamas,” said Mr
McCartney.

“Investors, domestic and
international, believe in



(Photo: Mendell Rolle)

Bimini. The government
believes in Bimini.

“Bimini is set to surpass
its past glory. And it is my
duty to ensure that no stone
is left unturned in the ful-
fillment of that quest.”

Tourists

Biminites, he said, are piv-
otal in this mission. “Noth-
ing can happen here with-
out your co-operation,” he
told them. “I encourage you
to tap into the more than
$1.5 billion tourists spend in

“our country every year.

“Continue to polish this
jewel of Bahamaland so that
it can sparkle even brighter
in the sunshine of this new
dispensation,” Mr. McCart-
ney said.








THE TRIBUNE

LOCAL NEWS

TUESDAY, JULY 24, 2007, PAGE 7





In brief

Anguilla
delays talks
on autonomy
from Britain

@ ANGUILLA
The Valley

ANGUILLA’S chief minis-
ter on Friday postponed talks
aimed at seeking greater inde-
pendence from Britain, saying
the tiny island’s inhabitants
need more time to understand a
constitutional reform process,
according to Associated Press.

Osbourne Fleming’s
announcement came days
before Anguilla’s leaders were
to negotiate with officials from
the UK Foreign and Common-
wealth Office to review the ter-
ritory’s status.

He said the island’s 13,000
inhabitants need more time to
learn about the constitutional
reform process.

“There are serious implica-
tions for this move and we need
to address them collectively
before the British team arrives
here,” Fleming said. “The peo-
ple have not been fully
addressed.”

He did not say when the
negotiations would take place.

Earlier Friday, about 200
islanders marched to the office
of the London-appointed gov-
ernor to deliver a petition call-
ing for a referendum on a new
constitution. |

UK officials have said
Anguilla may propose any con-
stitutional change, but Britain
‘would retain the power to pre-
serve good governance, judicial
independence and ensure com-
pliance with international oblig-
ations.

behind the
news, read
Insight on
Mondays

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FNM’s commitment to ZNS
independence is reiterated

@ By KARIN HERIG
Tribune Staff Reporter

THE tinal transition of ZNS
into an independent public
broadcast station and the pass-
ing of a Freedom of Informa-
tion Act will be just two of
many hallmark achievements
Bahamians can look forward
to under the FNM government,
Labour and Maritime Minister
Dion Foulkes said.

Addressing the Senate yes-
terday evening, Mr Foulkes, in
his contribution to the Speech
from the Throne debate, out-
lined his government’s plans
for deepening democracy in
the Bahamas.

“Just as the FNM did in our
last term in government, we
will significantly enhance the
democratic freedoms of the
Bahamian people,” he said.

Leading up to the election,
Minister of State for Finance
Zhivargo Laing said that trans-
forming ZNS into an indepen-

: dent and educational television



Bi DION Foulkes

station was among the many
goals of the FNM.

In addition to future plans»

for ZNS and the introduction
of the Freedom of Information
Act, the FNM will also broad-
en local government in the
Family Islands and New Proy-
idence, Mr Foulkes said.

In terms of social develop-
ment, the’senator said, his gov-
ernment has proposed “a dra-

matic increase in educational
funding and understands that
education is one of the primary
tools for social development.”

“Our renaming of the Min-
istry of Social Services as the
Ministry of Social Develop-
ment signals our commitment
to a bolder, more comprehen-
sive social policy for the coun-
try,” he said.

The new social policy, he
explained, will include inngva-
tive approaches to youth devel-
opment, urban renewal, and
the quality and delivery of
social services.

“We will (also) seek a greater
national consensus on national
health insurance and respond
accordingly,” he added.

Another field that the FNM
will be concentrating on, Sena-
tor Foulkes said, will be that
of environmental stewardship

“We have no doubt that the
FNM did more in 10 years for
the natural environment than the
PLP did in 30 years in office. But
that does not mean that we can



Police investigate apparent drownings

@ By DENISE MAYCOCK
Tribune Freeport Reporter

FREEPORT — Police in the
northern region are investigat-
ing two separate apparent
drowning incidents over the
weekend — one near Bimini

and the other just off Abaco. ©

An American diver was pro-
nounced dead around 2pm on
Sunday folleving a-diving expe-
dition in waters about five miles
otf Moore's Island, Abaco.

Chief Superintendent of
Police Basil Kahming report-
ed that the victim was identi-
fied as 41-year-old Ralph
Giampaolo Pomeroy, a resi-
dent of Miami, Florida, and
Little Harbour, Cherokee
Sound, Abaco. ;

Mr Rahming said the inci-
occurred sometime
around Ipm when four per-
sons, including the victim, were
engaged in a diving expedition

| presi per es ‘dana
a woman and a man only!

in waters off Snake Rock.

While diving, Mr Pomeroy
reportedly experienced some
difficulties and had to be assist-
ed to the surface. He was placed
aboard the expedition vessel
and ferried to the mainland.

He was rushed to the Marsh
Harbour Government Clinic,
where he was pronounced dead
at 2pm by the local doctor.

The body has been flown to
New Providence, where an
autopsy will be performed to
determine the cause of death.
Foul play is not suspected at
this time, police say.

Officers are also investigat-
ing an apparent drowning at
Cat Cay off the coast of Bimini,
where the body of Haitian
worker was discovered float-
ing on Sunday evening.

According to reports, the

body of 37-year-old Dieugeul
Lorfils, a Haitian expatriate
worker at Cat Cay, was found

Rex Major
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Churches
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ety

around Spm on Sunday on the
northeastern end of the island
by a fellow employee.

Lorfils, of Latortue, Haiti,
had just ended his work day
and had reportedly left the job
site.

His body was pulled ashore
and the police were immedi-
ately notified of the incident. ”

Supt Rahming said officers
were dispatched by boat from
Bimini.

He said they found no visible
injuries were seen on the body,
which was pronounced dead
by a doctor on Cat Cay.

The body was transported to
North Bimini and taken to the
government clinic, where
arrangements were made to
transport it to Nassau so that
an autopsy can be performed
to determine the cause of
death.

Mr Rahming said foul play is
not suspected at this time.

rest on our green laurels. There is
much more to do,” he said.
Mr Foulkes reiterated that the

government has committed itself

to sustainable development and
a strong “green” agenda in the
Speech from the Throne.
“This must include making
the government more energy

efficient, pursuing more renew-
able energy sources for the
country, enhancing the nation’s
capacity for environmental pro-
tection, arresting various forms
of pollution, and educating a
new generation about the envi-
ronmental treasures of our
Bahamaland,” he said.

THE UNIVERSITY OF THE WEST INDIES

Tribute to Dr. Anthony Regis
Lecturer-UWI Clinical Programme, Bahamas

The UWI Clinical Programme and the wider UWI
Falculties of Medicine in Barbados,

Jamaica and Trinidad and Tobago share in the loss of
Dr. Anthony Regis, a dedicated and beloved teacher,
colleague, and friend. Our profound sympathy goes
to his wife Dr. Merceline Dahl-Regis, his children,
grandchildren, relatives and friends.

May his soul rest in peace.

Professor Howard W. Spencer
Director, University € C ‘oordinator





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PAGE 8, TUESDAY, JULY 24, 2007 : THE TRIBUNE

TUESDAY EVENING © ; Oo ~ JULY 24, 2007

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THE TRIBUNE



‘OVER the weekend the
police conducted an operation
in the area surrounding the
Queen Elizabeth Sports Cen-
tre, where an 18-year-old man
| was shot and killed earlier this
month.

| Officers searched a number
of persons and vehicles on the
scene. Two persons were
| atrested in connection with
the discovery of a small
/ amount of marijuana and
three were arrested in con-
_ nection with outstanding war-
| rants.

‘Four other persons were
arrested in connection with
the discovery of imitation fire-
| arms, two in connection with
~ | the discovery of knives and
i three for immigration pur-
poses.
‘Police also took a total of
: 15 motorbikes off the street
. for various violations of traffic
/ Tules.
‘Police say the believe sev-
i eral of these motorbikes may
have been stolen.

(Photos: Felipé Major/
Tribune staff)

Miss Bahamas

World 2007
is crowned

| THE new Miss Bahamas
World 2007, 21-year-old
Anya Watkins, is crowned
by Miss Bahamas World
2006, Deandrea Conliffe,
during Sunday’s pageant

held at the Rainforest The-

atre in Cable Beach.

The event was held under
the theme “Out of Africa - a

Celebration of Freedom!”’

(Photo: Felipé Major/
Tribune staff)

18 THIS police dog searches-cars on Sunday

LOCAL NEWS

ekend police operation

SEARCHES CONDUCTED IN AREA SURROUNDING SPORTS CENTRE



ita



King’s Real Estate Limited is
relocating on Monday July 30,
2007. Our new office will be located
in the Gilingham House opposite
Montagu Beach on East Bay St. Our
new numbers are lised below:

Ph: 242-394-4397
Fax: 242-394-4492

Remember also to visit our website

www.kingsrealty.com



TUESDAY, JULY 24, 2007, PAGE 9






































POLICE officers search a car



@ ANOTHER
car is searched
during the police
operation in the
area surrounding
the Queen’
Elizabeth

Sports Centre



—————- BAHAMAS

perma!

CMT ED a.

CHIEF OPERATING OFFICER

Bahamas Supermarkets Limited operates a leading supermarket chain in The Bahamas. As-a market
leader, the Company prides itself on delivering premier service through its City Market supermarkets,
having a strong commitment to its customers, associates and community.

An opportunity for a CHIEF OFERATING OFFICER to join this market leader has arisen.

Reporting to the CEO, the successful applicant will have previous experience in day-to-day operating
activities, including revenue and sales growth, expense management, cost and margin control and
monthly, quarterly and-annual financial goal management. Key selection criteria include:

CA minimum of twenty (20) years experience in the supermarket / hypermarket industry with at
least seven (7) at a senior / executive level such as General Manager or Chief Operating Officer
Strong business acumen with the ability to creatively solve problems
Intricate knowledge of and experience in keeling an SMS (Store Management Suite) retail
system
Manage relationships within the business encompassing budgeting, forecasting and sales
objectives
Proven ability to improve company performance and shareholder value
Experienced in the development and execution of retail strategic business plans
A minimum ofa BA degree in business management or marketing. An MBA is preferable.
Have excellent communication, presentation and interpersonal skills with the ability to mentor a
team
Broad multi-functional experience in operational, commercial and administrative best practices
Solid functional computer skills with working knowledge of Microsoft applications and buying
systems.

Ifyou have what it takes to succeed in this challenging role, forward your resume and cover letter to:

Human Resources
Bahamas Supermarkets Limited
East-West Highway ’
P.O. Box N 3738
Nassau, Bahamas
Or e-mail to
humanresources(@bahamassupermarkets.com

No telephone inquiries please
PAGE 10, TUESDAY, JULY 24, 2007

THE TRIBUNE,



FROM page one concerns. In early July, defending his oe

Sears

questions
FROM page one

ma” to himself and his family.

“I immediately contacted
the pathologist at the Rand
Hospital, Mr Jacardi and
asked him about the condi-
tions at the morgue. He
promised to check into it and
get back to me. Shortly there-
after a Mr Capalito called me
and informed me that there
had been a malfunction at the
morgue.

“IT called the Minister of
Health that very evening, my
parliamentary colleague, and
advised him of this shocking

state of affairs, and asked him |:

to investigate the matter and
let me know the outcome. He
promised to ask Mr Hubert
Brown to investigate the mat-
ter and he would get back to
me. In the past five days |
have not heard from the Min-
ister of Health,” he said.

Mr Sears then asked for the
Minister of Health, Dr Hubert

Minnis to explain to the :
House of Assembly how the* :
refrigeration system in the :
morgue could break down for :
more than 24 hours without :
it being discovered and recti- }

fied.”

Mr Sears also asked why a

request for assistance:was not :
made to the private funeral :
homes — all of which had»:
adequate and functioning :

morgue facilities.

Dr Minnis stood following ;
Mr Sear’s statement and said :
that Mr Sears was “exagger- :
ating” the circumstances sur- :
rounding the incident with the :
Rand Memorial Hospital’s :

morgue.

Dr Minnis said that the :
freezer had a leak of freon ;
that was immediately discov- :

ered.
“It was

immediately

repaired and the Rand :
morgue is completely func- :

tional,” he said.

or surface, samples.

The “deep” specimens are now being
analysed to determine what may have
caused the outbreak, and what remediation
efforts should be carried out.

Mr Deveaux would not say when the
results of the probe might be back. He
mentioned, however, that it is possible that
the death of Dr Dahl Regis’ husband last
week may potentially cause some delays.

The Horseshoe Drive site has become a
source of political contention since the
May 2nd election.

Officials from the Ingraham-administra-
tion have suggested that the site of the
school may be a toxic waste hazard.

Illness probe

In a May 3rd letter from the operations
manager of E R Hanna construction com-
pany to the Ministry of Works, the man-
ager called on the government to fully
inspect the site and provide them with a
report of the findings, after workers suf-
fered skin rashes and various stomach ail-
ments, including cramps and vomiting, over
a period of months while working on the
site.

In a statement in June, Education Min-
ister Carl Bethel indicated that the school
would not be ready for September and it is
uncertain if the school will be built on the
same grounds because of the toxic

Prior to the release of the letter from
the construction company by Mr Deveaux,
former minister of works, Bradley Roberts
alleged that the current government’s stop-
page of work on the site is simply an
attempt to “demonise the Christie admin-
istration...and to put fear in the minds of
parents, teachers, students and the public
without a shred of plausible evidence.”

Mr Roberts put the health concerns
down to an “infestation of monkey
tamarind” in the area, covered over during
the excavation of the site.

However, yesterday Mr Deveaux has
described this claim as a “farce”, and yes-
terday said he can state “categorically”
that monkey tamarind is not at the source
of the problem.

Prd SEPee ere e ere e ere rere eee eee e rere ree errr eee eree errr e rere rere errr rere reer ree rere eerie errr errr erie errr rere reer errr rere eer ee ere eerie ere ee eerie eerie eerie eerie

Kozeny in court |Crown land

FROM page one

bribery and money laundering
charges. Kozeny, 44, was
released from Fox Hill prison
on $300,000 bail in April.

Yesterday Kozeny’s defence
team led by Clive Nicholls, QC,
appeared before Supreme
Court Justice. Jon Isaacs and
began making their submissions
over a habeas corpus applica-
tion. -
Mr Nicholls firstly outlined
the grounds on which Kozeny
was seeking relief. Mr Nicholls
asserted that following Kozeny’s
committal hearing, the magis-
trate made several errors in her
ruling. He also stated that the
proceedings should be stayed
on the grounds that it was an
abuse to the court process. Mr
Nicholls also said that Kozeny
should be discharged on the
grounds that in all citcum-
stances it would be unjust to
extradite him in considering the
amount of time that has passed
since the offences were report-
edly committed. He also con-
tended that Kozeny should be
discharged because the accusa-
tions made against him were
not made in good faith with the
intent of justice.

In his submissions Mr
Nicholls noted that Kozeny is



wanted by US authorities for
violating the Foreign Corrupt
Practices Act which makes
bribery of a foreign official an
offence. Mr Nicholls argued
however that Kozeny was nei-
ther a US resident nor citizen.
Mr Nicholls further argued that
the requesting state has not
established that Kozeny has
committed an offence under US
law.

He also noted that the
Bahamas has never made itself
a party to a convention affecting
trans-national bribery.

Viktor Kozeny was arrested
at his Lyford Cay home on
October 5, 2005 just a few hours

before being indicted on a long ~

list of bribery and money laun-
dering charges by the US Dis-
trict court in Manhattan.
Kozeny and his co-accused
Frederic Bourke Jr and David
Pinkerton have been charged

in the United States with con-.

spiracy to violate the Foreign
Corrupt Practices Act. US
authorities claim that Kozeny
and his co-accused bribed senior
government officials of the for-
mer Soviet Republic of Azer-
baijan in an effort to gain an
unfair advantage during the pri-
vatization of the state-owned
oil company. Czech authorities
also want Kozeny to face fraud
charges.

FROM page one

dition, which following their arrest, was






































FROM page one

Bahamian stakeholders and stock owners, small business
people and larger scale entrepreneurs — have access to the
opportunities they need to create their own wealth, secure their
unique dreams and advance the common good,” he said.

Mr Foulkes said that if “we are serious about greater
Bahamian ownership and management of this economy, one
of these goals must be an emphasis on ongoing training, pro-
fessionalism and civility.”

“In this speech we rededicate ourselves to ensuring that
greater shares of the dynamic engines of our economy —
tourism, financial services and maritime affairs — are managed
and owned by a more educated, healthier and productive
people,” he said.

_ The senator emphasised that Bahamians must vigorously
identify and cultivate the linkages between these and other sec-
tors.

As an example he named luxury yachting. as an opportunity
for a successful business venture.

“High end yachters, who wish to sail our waters and visit our
islands, should not only find here a pristine natural environ-
ment. They should also find a financial services and mar-
itime industry climate which encourages them to register,
insure, berth and repair their yachts in the Bahamas.

“On their dining room tables should be fresh fruit, vegeta-
bles, seafood and other foods purchased from Bahamian
farmers and fishermen,” he said.

Scores of Bahamians, Senator Foulkes said, are about to
become greater owners of the country’s economy because of
the policies the FNM government is initiating through the
Speech from the Throne.

“The FNM is committed to a fairer national investment pol-
icy and a more balanced playing field for Bahamian investors
and entrepreneurs.

“Towards this end.we will streamline the licensing process
for various industries, simplify the Government Loan Guar-
antee Programme for small and medium sized businesses
and review the tax structure payable on undeveloped Bahami-
an real estate held by foreign persons,” he said.



Privy Council

men were void because Magistrate Bethel

t’s stoppage of work on the school in the
face of criticism from Mr Roberts, Mr
Deveaux said that his government would
have been “irresponsible to have ignored
what the contractor had to say.”

He added: “To suggest otherwise is noth-
ing but callous disregard for the workers at
the site and thousands of Bahamian chil-
dren who would attend that school.”

Mr Roberts, however, has stated that
since portions of the old T G Glover school
were located on the site for many years;
with students using the vacant section for
sporting activities, “logic would
dictate...that evidence of the same (prdb-
lems) would have manifested itself over
these years a long time ago” if the site
were a toxic hazard. aV

Morton Salt

FROM page one :
Sunday that a guard was alerted by an
employee who noticed a fire in the park;,
ing lot near the vehicles. The employee
called the security guard and used a fire
extinguisher to put the fire out. 1

“Executives, including our safety,
manager Mr Etienne Farquharson and
the police have inspected the scene. The,
police are now investigating the matter,
and we are hoping to receive a prelim-
inary report soon. Once we find the,
person or persons who are responsible,
they will be prosecuted to the fullest,
extent of the law,” Mr Moultrie said..;,

Mr Moultrie added that Morton
Bahamas fully expects that back pay
for 2005, 2005, and 2007 will be distri,
uted by the end of the week.

On July 11, 2007, Morton signed a a
new bargaining agreement with the
Bahamas Industrial, Manufacturers and,
Allied Workers Union. The temporary,
layoffs are an accepted part of the new,
industrial agreement, which recognizes.
the company’s right to lay off employees
during times of excessive rainfall and,
other natural disasters.

According to the statement ae
Morton, all 52 employees received the
required two weeks notice of lay-offs
which began on July 16, 2007.

These workers are expected to return
to the plant on August 7, 2007. Morton
Bahamas Ltd produces an average of
1.2 million tons of salt annually for,
export. ;

BO

Mi

cil stated. ,

The US launched a successful appeal
against Justice Isaacs’ ruling and the Court
of Appeal and Gibson was eventually re-,

Telephone: 322-4433, 326-7030
Nassau Street, P.O. ).Box N-1026

MEMORIAL SERVICE FOR iio Wis



Dr. Anthony "Tony"
Christopher Regis, 62

of #4 Bonney Way,
off Johnson Road
and formerly of
Trinidad and
Tobago, will be held
on Wednesday 11:00
a.m. at Calvary
Bible Church,
Collins Ave. Pastor
Allen Lee will
officiate. Interment
will be made in
Western Cemetery, Nassau Street.





He is survived by his loving wife of
thirty-one (31) years, Dr. Merceline Dahl-
Regis; sons, Jason and Deon; two (2)
daughters-in-law, Laila and Heather; four
(4) grandchildren, Teurea, Ayaan, Gabriel
and Nasir; five (5) brothers, Vernon Regis,
Kenneth Regis, Cyril "Baba" Regis, Cecil
"Tet" Regis and Arthur "Bunny" Regis;
six (6) sisters, Utid Johannes, Sylvia Des
Etages, Joyce Regis-Spencer, Pearl Regis,
Carol Russmann and Iva Sampson; (11)

granted by Attorney General of the
Bahamas.

Magistrate Carolita Bethel in Jiime’2001
committed the three men into custody to
await extradition.

The US based their extradition request
principally on evidence which was given in
an affidavit from an accomplice of three
men, Herbert Hanna.

In the affidavit, Hanna gave a damning
account of the three men’s involvement in
the conspiracy.

“Thousands of pounds of cocaine were
found, millions of US dollars of cash,” the
Privy Council said in its judgment.

However, Supreme Court Justice Isaacs
tuled that the committal orders for the three

KEMP'S FUNERAL HOME LIMITED

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

LOMO T SCV ONY AGG mae eh) a

HELEN ELIZABETH INEZ REES, 85

of Eastern Road,
Nassau, The Bahamas
passed away at her
home on Friday, 20th
July, 2007 after a short

illness.

Daughter of the late
Dr. A Hugh Johnson
and Mrs Dora Agnes
Johnson, she is survived by her husband
Colyn Lewellyn Rees of Marsh Harbour,
Abaco; three sons, Colyn Thomas Albert

made a mistake in allowing the affidavit to
be admitted as evidence.

Justice Isaacs_stated in his ruling that
Magistrate Bethel “erred in law when she
held that the evidence of Hanna was direct
evidence and, hence, admissible as evidence
of the applicants’ upon the form of words
used. by Mr Hanna in his affidavit as a pre-
lude to giving his detailed account of the
conspiracy: ‘I am a source of information for
the US Drug Enforcement Administra-
tion...On August 9, 2000, I provided the
following evidence.”. 1»

- Justice Isaacs said that this was evidence
of what-Hanna had informed the authorities:
about, but not evidence of the facts con-
tained in the information, the Privy Coun-

OMI FATE

. arrested.

The Privy, Council yesterday ruled that
although Justice Isaars’ judgment could not
possibly be supported, the US had.nio legal
right to appeal the judgment in the Court of
Appeal.

“There can be no getting away from the!
fact that this appellant is wrongly impris-|
oned through the misunderstanding or mis-'
application of the law by the Court of
Appeal with regard to rights of appeal
under the Bahamian legislation then in,
force. ‘|

“According to law, the Court of Appeal
had no jurisdiction to entertain the USA’s;
appeal, however meritorious that appeal
was,” the Privy Council ruled. ml

KEMP'S FUNERAL HOME LIMITED |

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

SERVICE FOR THE LATE

MRS. OLIVE BEATRICE MOREE

of Windsor Estates,
Nassau, The
Bahamas. will be
held at Glad Tidings
Tabernacle, Kemp
Road, Nassau on
Tuesday, 24th July,
2007 at 4:00 p.m.

Mrs. Moree is
survived by her

Hospital.

the church.



eleven nephews and their wives, (9) nine
nieces and their husbands, mother-in-
law, Marguerette Dahl; aunt-in-law,
Katherina Wesseling; brothers-in-law,
Dr. Anthony Dahl, Donald Dahl and
Werner; sisters-in-law, Dr. Iva Dahl, Ann.
Smith, Georgette Butler, Lorna and Edna
and their families; and a host of other
relatives and friends including, the staff
and students of the University of West
Indies School of Medicine (Nassau), and
the staff of the Princess Margaret

Friends may pay their last respects at
Bethel Brothers Mortictans, #44 Nassau
Street , on Tuesday from 10:00 a.m. to
6:00 p.m. There will be no viewing at



Rees, Robert Alday Rees and William James
Alexander Rees; three daughters-in-law,
Melanie Rees, Kimberly Yvette Rees and
Donna Elizabeth Rees; six grandchildren,
William James Alexander Rees II, David
Jonathan Rees, Adam Robert Rees,
Christopher Colyn Rees,.Michelle Elizabeth
Rees and Emily Carolin Rees, and four
cousins, Renee Lowe, Janet Brown, Peter
Thompson and Jimmy Thompson and many
special friends.

A private family interment service will be
held at the Western Cemetery, Nassau Street.

Instead of flowers the family request that
donations be sent to the Bahamas Humane
Society, P.O..Box N-242, Nassau, The
Bahamas in memory of Ms Helen EI. Rees.



Arrangements by Kemp’s Funeral Home
Limited

husband, Captain
David Moree, Se: two children, David
Jr. and Marilyn Moree; adopted daughter,
Yvonne Roberts; adopted son, Woodrow
Barnett; two daughters-in-law, Sally and
Anne-Marie Moree; three grandchildren,
Claire, Donald and Beth Moree; four
nieces, Sadie Lowe, Irene Thopson,
Juanita Eldridge and Maria Sampey;
three nephews, Charles, Rudolph and
Harry Hall. Other relatives and friends,
including Ena Braynen, Elva Sweeting,
Mike and Helen Martinborough, Etoile
Cartwright and caregiver, Millicent
Scott.

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


—— -

THE TRIBUNE







-ir

iy ENE SUERA
* Caracas

° PRESIDENT Hugo Chavez
assured private property owners
their rights will be guaranteed in
Venezuela under a pending
constitutional reform, as long
as proprietors and investors
respect the law, according to
A§sociated Press.

“Some citizens continue argu-
ing in a dogmatic manner that
socialism negates private prop-
erty. No, our socialism accepts
private property,” Chavez said
in comments published Sunday
on the website of Union Radio.
“Tt’s only that this private prop-
erty must be within the frame-
work of the constitution.”
>'He did not elaborate, saying
only that he would present his
reform proposal to lawmakers
in the coming weeks. Few
dé tails have: emerged from a
“Becta executive committee

at Chavez has appointed to
draft a proposal for overhaul-
ing the country’s charter.
“Government opponents
aécuse Chavez — a close ally of
Cuban leader Fidel Castro — of
steering this oil-rich South
American nation toward Cuba-
style communism. Many
wealthy Venezuelans fear sec-
dnd homes, yachts or other
assets could be seized as he
advances his Bolivarian Revo-
lution, a movement named after
South American independence
héro Simon Bolivar.
“fChavez denies copying

avana’s economic model,
countering that Venezuela’s
forthcoming socialist reforms
Will broaden the concept of
Ownership while gradually
‘undermining the influence of
capitalism.

Under one initiative, state-
financed cooperatives will oper-
ate under a new concept of
“Gollective property” in which
Workers would share profits, but
détails of the plan have yet to be
revealed.



Ween Agency quoted’ Chavez”
$ saying public school text? ~~
beoks should be rewritten to



IN this picture released by Miraflores Press Office,
enezuela’s President Hugo Chavez looks at a map during his

curb what he perceives as the
influence of capitalist ideals and
US cultural domination.

“We must hurry up with the
revision of the texts because
they accuse us of indoctrination.
Well, yes, because this is an ide-
ological war,” he said. “From
McDonald’s, from Superman
comes the ideology that
destroys people and erases cul-
ture.”

Speaking during his weekly
radio and television program
“Hello President” on Sunday,
Chavez also announced an ini-
tiative to slash the salaries of
Venezuela’s top public servants.

“I’m going to begin a fight

against thé mega-salaries,”
' Chavez said, adding that no
public servant should make
more than US$7,000 a month.
Most Venezuelans make mini-
mum wage — roughly US$250 a
month. .

Reducing the pay of top gov-
ernment officials has become a
popular move in Latin America.
The presidents Nicaragua,
Bolivia, Peru and Costa Rica
recently cut salaries, including

. their own, in response to wide-

spread criticism.

In his typically wide-ranging
television program, Chavez also
said Castro recently warned him
to take precautions against pos-
sible US-backed assassination
attempts. |

He said Cuba’s 80-year-old
“Maximum Leader” gave him
a copy of former CIA Director
George Tenet’s recently pub-
lished memoir and told him:
“Read it; Chavez, because that
is the most perfect killing
machine ever invented and I’m
a survivor ... I survived more
than 600° (assassination)
attempts.’”

“The CIA is everywhere,”
said Chavez, who has repeated-
ly warned that US President

‘George W Bush could asta!

him killed.
US law has forbidden assas-
sination attempts since the

8The state-run BoliVarian’''1970s, and Washington denies

the US government has
attempted to kill Castro since
then.



weekly broadcast “Alo Presidente” in Caracas on Sunday



Ar, Photo/Miraflores Press Office)

«+, 2007, PAGE 11

why Ae

CARIBBEAN NEWS

Venezuela’s Chavez says constitutional
- reform will respect private property






























































Order it alone or do a tasty Combo.
Just make sure you’re prepared...






AR

eration


PAGE 12, TUESDAY, JULY 24, 2007 THE TRIBUNE
JULY 24, 2007













ri ‘i 4
caer
¥ Vea a” “ia
Wh tg



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e On Behalf ol of the § are reminded that the

Board of Directors, Executive [MMscTellisitelmule

a and Staff of BTC }=—

Ads for the 2008

we extend ma lelephone Directory is
~ Congratulatons | August 31st, 2007.

. . Mr. CatlR.Culmer §§$ © M@Usieutsecwlucweoce

a for being elected as _. , to contact

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TUESDAY, JULY 24, 2007

SECTION

business@tribunemedia.net



The Tribune



BUSINESS

Miami Herald Business, Stocks, Analysis, Wall Street







2D

HELPING YOU CREATE AND MANAGE WEALTH

NASSAU OFFICE
Tel: (242) 356-7764

FREEPORT OFFICE
Tel: (242) 351-3010





Ritz-Carlton | ¢

developer
leases old
Yacht Club

ll By CARA BRENNEN-BETHEL

. Tribune Business Reporter —

| THE proposed Ritz-Carlton Resort
for Rose Island has leased the old Nas-
sau Yacht Club on East Bay Street,
with the intention of converting it into
an arrival and departure lounge for
guests going to the property.

Russell Miller, the resort’s general
manager, yesterday confirmed that the
Ritz-Carlton ‘has taken the lease on the
building directly across from the Har-

“bour Bay Shopping Centre’s East Bay
Street entrance.

The developers plan to conduct
extensive renovations and turn it into
the gateway for guests to be ferried to
and from the multi-million dollar Rose
Island resort.
| Mr Miller told The Tribune that the
East Bay Street property has some 40
rooms, which will in the first instance
be converted into suitable housing for
construction workers, with six offices
for management.
| Eventually, the property’s rooms will
be converted into 20 suites and rented
out, he explained.

Sources had also told Tribune Busi-
ness that the Ritz Carlton was looking
to acquire parking space at the Nation-
al Centre for the Performing Arts on
Shirley Street for employee parking.

When fully operational, the Ritz-

Carlton resort will employ between ©

600-800 full-time staff, who will need to
be ferried across to Rose Island and
back in three trips per day, given the
three shifts worked by resort workers.
__. Ritz-Carlton is also understood to

‘be seeking to build a two-storey park-
ing lot on part of the National Centre
for the Performing Arts’ parking lor,
similar to the parking deck Kerzner
International has built for its employees
on Paradise Island.

However, Mr Miller said yesterday
he could comment on that issue.

The Ritz-Carlton’s plans are similar
to those that Kerzner International had
initiall contemplated. The Atlantis and
One & Only Ocean Club owner had
looked at constructing employee park-

‘ing on Shirley Street where the Thomp-
son Trading building is, then bussing
employees over to Paradise Island, but
never followed through with its plans.







tourism dec



Double-digit’

ne

* Hotel chief says numbers ‘a wake-up call’ for Bahamas, as can no longer assume it leads Caribbean
* Cruise arrivals slump 17 per cent in April, with Nassau/Paradise Island off 20 per cent
* Tourist arrivals fall 15 per cent and i per cent in April and May

lm By CARA BRENNEN-BETHEL
Tribune Business Reporter

“otal tourist arrivals to the

Bahamas slumped by

alarming double-digit

numbers during April

and May 2007, falling by

15 per cent and 11 per cent respec-
tively, statistics that showed this
nation’s competitive advantage in its
key industry is neing rapidly eroded.
Ministry of Tourism showed that
total arrivals to Nassau and Paradise

Island during April 2007 were down,
significantly by 16 per cent, while total:

arrivals to Grand Bahama fell by 11

per cent and the Family Islands saw a
14 per cent decrease.

‘Particularly alarming were the
decline in cruise ship arrivals for that
month, with the number of cruise vis-
itors to. the Bahamas in total down by
17 per cent, and those to Nassau/Par-
adise Island down by 20 per cent (see
story on page 5).

For the five months ending on May
2007, the number of higher spending
air arrivals to the Bahamas were down
by 7-per cent. Air arrivals to Nas-
sau/Paradise Island were down by 9
per cent; Grand Bahama by 5 per cent;
Cat Island by 19 per cent; Exuma by 7
per cent; Inagua by 22 per cent; and

San Salvador 10 per cent.

Combined air and sea arrivals to
May 2007 were down by 6 per cent,
with Nassau/Paradise Island experi-
encing a 6 per cent decline; Grarid
Bahama down by 13 per cent; and the
Family Islands off by 2 per cent.

On the cruise visitors side, cruise
arrivals in total to May 2007 were
down by 5 per cent. Nassau/Paradise
Island was off by 5 per cent; Grand
Bahama was down 15 per cent; and
the Family Islands were down on 2006
by 17 per cent.

Russell Miller, the Bahamas Hotel
Association’s (BHA) president, said

the visitor declines were a wake-up

Government ‘unlikely’ to appeal Home Centre ruling

call for the Bahamas, adding that
Bahamians can no longer assume they
have a competitive advantage over
other Caribbean countries.

Mr Miller said: “We have to wake
up and realise that there is real com-
petition out there, and we have to pay
attention to these indicators - that peo-
ple are coming here, not enjoying their
stay and choosing not to return.”

While he acknowledged that the
Western Hemisphere Travel Initiative
(WHTI) was partly responsible for the
decline, a larger effect was that other

SEE page 5

'

At last...

@ By NEIL HARTNELL

Tribune Business Editor

THE Government is
“unlikely” to appeal the
Supreme Court ruling per-
mitting Freeport ‘Concrete’s
Home Centre retail outlet to

bring in its inventory entirely |
bonded, the minister of state ~

for finance saying yesterday
that a “lawful arrangement”
could be worked out to pro-
tect government revenues.

“The matter is still being
reviewed and it is unlikely
that an appeal will happen,”
Zhivargo Laing told The Tri-
bune yesterday, when ques-
tioned on the issue.

“We’re satisfied there can
be an arrangement between
the Government, the Grand

Bahama Port Authority and.

businesses in Freeport that
will be able to ensure compli-
ance with the law. «

“Once that working
arrangement is taking place,
we’re satisfied nothing unto-

ward would be adversely

impacting on government rev-
enues arising out. of
Freeport.”

Mr Laing indicated that the
Government did not want to
implement measures or take
any action that might damage
the still-fragile Freeport econ-
omy, which is still trying to
recover from the 2004 closure
of the Royal Oasis and loss
of 1300 jobs. e

His comments are likely to
delight’ Port Authority
licensees, especially whole-



@ ZHIVARGO LAING

salers, as the absence of an
appeal will clear another
obstacle to them being able
to bring in their inventory
entirely bonded, without hav-



ing to pre-pay customs duties.

Insisting that any solution
and definitive policy on bond-
ed goods and ‘over-the-
counter’ bonded goods sales
“has to be compliant with the

law”, Mr Laing added that. the

Government wanted “to be
sure to facilitate business
development and growth” in
Freeport.

“We’re not interested in
being a hindrance to business

growth and development in
- Freeport; we want to assist

business development and
growth in Freeport,” the min-
ister of state for finance
added.

It also appears that the
Government has being listen-
ing to calls by licensees, most
notably Chamber of Com-

merce president Christopher
Lowe, for there to be a tri-
partite meeting between
GBPA licensees, the GBPA
and the Ministry of
Finance/Customs Department
to work out standard policies
and procedures for the bond-
ed goods regime’s operation -
to the mutual satisfaction of
all concerned.

Mr Laing said the Govern-
ment planned to meet with
the GBPA and licensees
“sooner rather than later” to
address this issue, and hoped
“within the next two weeks”
to hold the first meetings that
would to the development of
just such a standard policy.

SEE page 6

Airport passenger volume to

erow by 3.2% per annum

@ By NEIL HARTNELL
’ Tribune Business Editor

A Debit cart in The Bahamas!

‘THERE are potentially 60

bidders for the six specialist

retail kiosk concessions at Lyn-
den Pindling International Air-
port that have been put out to

airport projected to grow by an
average 3.2 per cent per annum
between now and 2015.

The Nassau Airport Devel-
opment Company (NADC),
which is now responsible for all
operations at Lynden Pindling
International Airport under the







tender, The Tribune was told
yesterday, with the volume of
passengers passing through the

SEE page 8






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PAGE 2B, TUESDAY, JULY 24, 2007

THE TRIBUNE





‘What the Bahamas must fix to compete

oday’s column is

inspired by the arti-

cle Can America

Compete by Geof-
frey Colvin, which appeared in
the July 25, 2005, edition of
Fortune Magazine.

The thrust of the article is
that even though the US is still
the world’s biggest and
strongest economy by far, long-
term it is losing this position
of economic dominance to
emerging economies such as
China and India (both of
whom now have a population
of one billion).

Big business is - and has
been - borderless for a long



September, 2007.





.

PRINCIPAL NEEDED

The Anglican Central Education Authority invites
applications from qualified individuals for the position
of PRINCIPAL, St. John’s College, beginning

The applicants must have a Masters Degree in
Education from a recognized University, with at least
(5) years accumulative administrative experience.

The applicant must also be computer literate.

Only qualified applicants need apply.

For further details and Application Forms, please
contact the Anglican Central Education Authority on
Sands Road at Telephone (242) 322-3015/6/7.

Letters of Application submitted with copies of Degree
Certificates, Curriculum Vitae, three references, and
three passport photographs, must be addressed to:

THE DIRECTOR OF EDUCATION
AN GLICAN CENTRAL EDUCATION AUTHORITY
P.O. BOX N-656
NASSAU, BAHAMAS

The deadline for Application is Friday, August 3, 2007.

time now, and while globalisa-
tion creates market opportu-
nities for US companies there
are also negative side effects.
For instance, companies such
as Coca-Cola, Proctor & Gam-
ble and Texas Instruments are
said to “already do most of
their business and employ most
of their workers outside of the
US”. If the trend continues
unfettered, clearly it has enor-
mous implications for job cre-
ation and wage levels within
the US.

The author further states:
“For American workers, glob-
alisation is a radically dicier
proposition - far more so than





















most of them realise. The fast-
changing economy is exposing
vast numbers of them to glob-
al labour competition, and it’s
a contest millions of them can’t
win right now.”

Why can’t American

workers win?

Three factors are cited for
this state of affairs: The first is
that the world economy is
based increasingly on infor-
mation, bits and bytes that
have to be analysed, processed
and moved around. Examples
include software, financial ser-
vices and media.

Second is the cost of han-
dling those bits and bytes. That

. is, computing and telecommu-

nications. Wide swathes of eco-
nomic activity can be per-
formed almost anywhere, at
least in theory.

Finally, low-cost countries -
not just China and India, but
also Mexico, Malaysia, Brazil
and others - are turning out
large numbers of well-educat-
ed young people who are fully

. qualified to work in an infor-

mation-based economy. China
will produce about 3.3 million

college graduates this year,

India 3.1 million (all of them
English-speaking), the US just
1.3 million. In engineering,
China’s graduates will number
more than 600,000, India’s
350,000, America’s only about
70,000.

What can America do?

The author has three main
recommendations to reverse
America’s eroding competi-

tiveness, which simply put are:

1. Fix the education system.

2. Reform immigration poli-
cies to favour highly skilled
workers.

3. Regain the lead in Inter-

_ net access and technology.

Education System

“The No. 1 policy prescrip-
tion, almost regardless of
whom you ask, comes down to
one word: education. In an
economy where technology
leadership determines the win-

Atlantic Medical

WANTED:

ACCOUNT REPRESENTATIVE

Atlantic Medical Insurance Limited (AMI), a subsidiary of Colonial Group
International Limited (CGI) headquartered in Bermuda, is pecan anAccount

Representative.

CGI, with offices in Bermuda, the Bahamas, the Cayman Islands, and the
British Virgin Islands, offers a complete range of premier financial and
_ insurance services to both local and international clients. This is an
opportunity to be a part of a rapidly growing innovative company, focusing
on providing clients with first class service and access to competitive

products.

Reporting to the Sr. Account Executive, the position of Account
Representative will be a motivated individual responsible for marketing
and promoting a range of group health products in a demanding and rapidly
expanding environment. Other duties will include but not be limited to:

Liaising and building relationships with a range of stakeholders eg. clients

and brokers.

Monitoring competitor activity.
Contributing to long-term marketing plans and strategies.

It is essential that applicants possess the following qualifications,
experience and attributes:

Bachelors Degree (Business Administration, Marketing, Management,
Communications or Education)
Experience in undertaking presentations and public speaking.

Proven communication (verbal and written) and organizational skills.

Strong numerical skills.

Proficiency in MS Word, Excel, and e-mail software.

Ability to work under pressure, multi-task and meet deadlines.

Compensation for the successful candidate will be attractive and linked
to performance. AMI offers an attractive benefits package that includes
comprehensive medical insurance, contributory pension plan, life, and long

term disability coverage.

If you have a keen commitment to quality results and want to contribute ©
your talents to a dynamic company, contact us about this opportunity.
Applications will be treated in the strictest confidence and should be made

_ in writing to:

Atlantic Medical Insurance

Attn: Human Resources

PO Box SS 5915
Nassau; Bahamas

Closing Date for applications is August 20 2007.





cata

Focus

ners, education trumps every-
thing. That’s a problem for
America. Our fourth-graders
are among the world’s best in
math and science, but by ninth
grade they’ve fallen way
behind,” Mr Colvin wrote. As
Bill Gates says: "This isn’t an
accident or a flaw in the sys-
tem; it is the system."

_ “For most in the broad mid-
dle class or below, a top-notch
K-12 education is a world
away.” Does this sound famil-
iar, Bahamas?

Immigration Reform

“Second, a prescription
urged just as widely is immi-
gration reform,” wrote Mr
Colvin. “A critical element of
America’s economic domi-
nance has been its attraction
for the world’s brightest, most
ambitious people, but today’s
immigration laws favour fami-
ly reunification far above tal-
ent, intelligence or credentials.
If Albert Einstein wanted to
move in today but had no US
relatives, he would have to get
in line behind thousands of
poorly educated manual
labourers who did.” .

Technology

“Thirdly, incredible as it
seems, America’s InfoTech
infrastructure is no longer
world-class.-America ranks
only 12th globally in the num-
ber of broadband connections
per 100 inhabitants,” Mr
Colvin said.

“Looking more closely, the
situation is even worse. South
Korea is not only more wired
(No. 1 globally) but its con-
nections are far faster and are
available not just through wires
but also through virtually every
cell phone.”

Implications for
the Bahamas
_What does-all this have to

ae |

do with the Bahamas? Well, it
is often said that when the US
sneezes, the Bahamas get
pneumonia. This begs the larg-
er question: What happens if
the US gets much sicker?

Education

It is a well-known fact that
our educational system needs
much work. A national aver-
age score of D+ in our BGCSE
examinations will take us
absolutely nowhere. We can-
not even open our public
schools on time because
required repairs haven’t been
completed. We must imple-
ment a long-term national
effort to improve our compe-
tencies in English, maths, sci-
ences and foreign languages.

The Bahamas is a service °

economy, the sort that are far
more vulnerable to globalisa-
tion because, increasingly, ser-
vice-based industries are high-
ly portable. Our challenge is
not only to fix our educational
system, but to also provide sig-
nificant levels of ongoing train-
ing to ensure quality and com-
petitive service for the prices
charged, especially in the
tourism and financial services
sectors.

Immigration

The whole issue of immigra-
tion policy is one that requires
a bipartisan approach, with
clearly defined and articulat-
ed positions. The US grants
H1-B visas, which allows high-
ly-skilled workers to work in
the US for a period of six
years. While the US has cut
back drastically on the amount
of H1-B visas issued since 9/11,
it is an approach that we can
look at.

However, if we go this route
there must be checks and bal-
ances to prevent abuses, such
as careful scrutiny of educa-
tion and experience creden-
tials.

The current Ingraham

administration, to my knowl-

edge, has not yet made any
pronouncement about the lev-
el of foreign investment
expected into the Bahamas
within the next five years.
Under the Christie. adminis-

To atlvertise in The Tritune -

the #1 newspaper in circulation,
SS ea bE



tration, very large numbers
were touted, numbers as high
as $20 billion. If investment of
that magnitude were to flow
into the Bahamas during the
next five years, we would
require thousands of new,
trained workers in a very short
period of time.

While no political party
would like to admit it, the
Bahamas would have to bring
in thousands of skilled workers
from abroad. Wouldn’t it be
better for all if there were both
short-terms plans (to regulate
the inflow) and long-term
plans (to get Bahamian work-
ers fully trained) in place and
clearly articulated?

Technology

Interestingly enough, we
may not be too far off the
mark when it comes to broad-
band Internet access (elec-
tronic access to international
communications). In checking
with Cable Bahamas, it is esti-
mated that there are roughly
90,000 households in the
Bahamas, of which about 35
per cent have high speed
broadband access.

This penetration rate, I am
told, is the highest in the
region, exceeding both Canada
and the US, which are esti-
mateéd to be 30 per cent and
25 per cent respectively. More
importantly, broadband is
available to more than 92 per
cent of Bahamian households.
When you add the availability
of DSL and other technolo-
gies, you can readily see that
we have something in place
that we can easily build upon.

However, notwithstanding
this, we must continue to
expand this Internet broad-
band access penetration even
further, and get as many of our
citizens as possible computer
literate and regular users of
the Internet as an educational
and training tool.

Until next week...

NB: Larry R. Gibson, a
Chartered Financial Analyst,
is vice-president - pensions,
Colonial Pensions Services
(Bahamas), a wholly-owned
subsidiary of Colonial Group
International, which owns
Atlantic Medical Insurance
and is a major shareholder of
Security & General Insurance
Company in the Bahamas.

The views expressed are
those of the author and do not
necessarily represent those of
Colonial Group International
or any of its subsidiary and/or
affiliated companies. Please
direct any questions or com-
ments to rlgibson@atlantic-
house.com.bs

YOUR CONNECTION*TO THE WORLD |

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RESEARCH COMPANY

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pleased to invite Tenders to provide the BTC with Market
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THE MARKETS

STOCKS, MUTUAL FUNDS, 6-7C
DOW30 13,943.42 +9234 Ad
saP500 —«*4,5457+7.47. Aw
NASDAQ 2,690.58 +298 AA
10-YRNOTE 496 +0.01 AX
CRUDEOIL = 7489«-0.90 W

BY TIM PARADIS
Associated Press ;
NEW YORK Stocks
rebounded Monday after a fresh —
round of buyout news offered
evidence that Wall Street’s pen-
chant for dealmaling: hasn’t dis-
appeared.

Hetter-than-oapected profit —
news from Merck also boosted —
the mood on Wall Street, help-
ing it partially recover from a _
steep sell-off Friday that was _
triggered by some weak earn- _
ings reports and worries about —
souring subprime loans.

The stock market push

_ those concerns aside ‘Mond,
after Transocean, the world’

largest offshore drilling con

_ tractor, and rival GlobalSantaF
‘said they agreed to merge.

The turnaround from Fri- _
day’s retrenchment demon- —
strates the market’s resiliency, :

. but also raises questions of _
whether the short-lived nature _
of most of this year’s pullbacks _
means stocks are rising on a
rickety foundation, said Ted _
Aronson, a partner at Aronson |
Johnson Ortiz in Philadelphia. _
Like many investors, he sees
retreats as a healthful break for :
ascendent markets. :

The Dow Jones industrial
average rose 92.34, or 0.67 per- ©
cent, to 13,943.42, thanks in large
part to a 6.75 percent rise in —

- Merck’s shares. At times during —
the session, the Dow was up.
more than 100 points. :

Broader stock indicators also _
advanced. The Standard & ©
Poor’s 500 index rose 7.46, or —
0.49 percent, to 1,541.56. The _
technology-heavy Nasdaq com- —
posite index showed more mod- _
est gains, rising 2.98, or 0.11 Per
cent, to 2,690.58. y

Bonds fell, with the yield ‘on a
the benchmark 10-year Trea- _
sury note rising to 4.96 percent _

from 4.95 percent late Friday. _
Bond prices move opposite —
yields. The dollar was mixed _
against other major currencies _
after hitting a new record low

against the euro and a new 26-
year low against the British
pound. Gold prices fell. =
Light, sweet crude fell 90
cents to $74.89 per barrel on the |
New York Mercantile Exchange —
on suggestions that OPEC may .
increase its output. a

Wall Street applauded Mon- |
day’s buyout news, because cor- __
porate tie-ups tend to signal
that companies are bullish |
about the economy. a

While the merger news ©
helped convince Wall Street
that stocks have further room to
run even after hitting fresh
highs last week, earnings news _
again commanded some atten-_
tion.

American Express, which
like Merck is a Dow component,
reported a stronger-than-ex-
pected second-quarter profit. |
The credit card issuer ended
the regular session up 15 cents _
at $64.66 but slipped in after-
hours trading, as revenue fell -
short of Wall Street’s forecast.

Declining issues outnum-
bered advancers by about 8 to 7
on the New York Stock
Exchange, where volume came
to 1.52 billion shares.

The Russell 2000 index of
smaller companies fell 0.82, or
0.10 percent, to 835.62.

Overseas, Japan’s Nikkei
stock average rose 0.01 percent,
while Hong Kong’s Heng Seng
Index rose 0.32 percent and the
often-volatile Shanghai Com-

_ posite Index rose 3.81 percent.
Britain’s FTSE 100 rose 0.60
percent, Germany’s DAX index
rose 0.88 percent, and France’s
CAC-40 advanced 0.87 percent.










_ TUESDAY, JULY 24, 2007

| BY TOM KRISHER
| Associated Press

DETROIT — The president of ©

the United Auto Workers said

Monday his union is not in the
/ mood to make concessions during
' contract talks with U.S.-based
| automakers who say they need
cost cuts to stay in business.

The comments came after the
traditional handshake between
| officials from the UAW and Gen-
eral Motors, the nation’s No. 1
automaker. The ceremony offi-
cially kicked off negotiations
| between the sides.
| At least on the surface, it
| appears that the union and GM are
far apart as they try to ink a new
national contract before a Sept. 14
deadline. Ford also will seek con-
| cessions. Its talks opened Monday
| afternoon with a handshake cere-
| mony in Dearborn. Ford Executive
| Chairman Bill Ford and Chief
| Executive Alan Mulally exchanged
handshakes across a conference
room table with UAW President
Ron Gettelfinger and Vice Presi-
dent Bob King.

Bargaining with Chrysler
started last week.

GM, which lost about $2 billion
last year and still isn’t making
| money in North America, clearly
| will put concessions on the bar-
| gaining table.

“We know that these are going
to be difficult contract negotia-
tions,” Diana Tremblay, GM’s
chief negotiator, said after the
handshake at a GM-UAW human
resources building along the

MERGER

[BUSINESS —

AUTO WORKERS







JERRY seiotgiae
| SHOWING SUPPORT: United Auto Workers President Ron Gettelfinger walks with retirees outside

| the UAW/GM Center for Human Relations in Detroit, Monday. Below, Gettelfinger, left, and Ford
| Executive Chairman Bill Ford open their contract talks at Ford headquarters in Dearborn, Mich.



UAW says strike possible
as contract talks begin



bts 4
CARLOS OSORIO/AP

Detroit River. “We know that we
need to make some changes to
make the business sustainable
over the long term.”

_ But Gettelfinger said the union
is not in a concessionary mode,
and he also said a strike still is pos-
sible despite the precarious finan-
cial positions of the Detroit Three.
He has said that the union will try
for a pattern contract with one
that extends to the gthers, but he
said a target company has not been
selected.

“That just depends on the tone
of the negotiations,” Gettelfinger
said.

Earlier, Gettelfinger smiled and
shook hands with GM Chairman
and CEO Rick Wagoner, while
Tremblay shook hands with UAW
Vice President Cal Rapson. All
four had to lean across a table to
complete the handshake.

This: year’s auto talks have
taken on a more urgent tone

because the Detroit Three lost.a
combined $15 billion in 2006 and
are in the midst of shrinking them-
selves and rolling out new vehicles
in an effort to better compete with
Japanese automakers. Industry
analysts have said reducing labor
costs is critical to the companies’
survival.

Analysts say Ford likely will
seek deeper concessions than the
other two automakers, perhaps
temporary wage cuts.

Gettelfinger wouldn’t say
whether the UAW would. treat
Ford differently than the other
automakers due to its massive
debt load and losses.

“They’ve got a lot of cash, by
the way. That’s not an issue for us
right now,” he said.

Gettelfinger also said this year’s
talks are about defending Ameri-
ca’s middle class and are not lim-
ited to wages and benefits in the
auto industry.



Transocean deal creates
oil-drilling heavyweight

BY JOHN PORRETTO
Associated Press

HOUSTON — The world’s largest
offshore drilling contractor got big-
ger with Monday’s announcement by
Transocean that it will combine with
GlobalSantaFe, creating a company
able to drill globally from shallow to
ultra-deep waters.

Analysts. largely applauded the
coupling and said more combinations
could be forthcoming. The shares of
both companies rose.

The deal, announced jointly by
both Houston-based companies,
includes a $15 billion cash payout to
shareholders of both the world’s larg-
est contractor, Transocean, and
GlobalSantaFe. Shareholders of both
companies will also get shares in the
new company, which will retain the
Transocean name and trade on the
New York Stock Exchange under
Transocean’s symbol “RIG.”

The value of the new company
will be about $53 billion, including
debt. The $15 billion for the cash pay-
out to shareholders will be funded
through a bridge loan due one year
after closing.

Transocean Chief Executive Rob-
ert Long, who will continue as CEO

of the combined company, said the
deal will allow the company to keep
pace as the industry expands and to
“assure us of a leading presence in
almost every major offshore drilling
province in the world.”

GlobalSantaFe CEO Jon A. Mar-
shall will serve as president and chief
operating officer of the combined
entity, while GlobalSantaFe Chair-
man Robert Rose will be chairman.
The two companies will be equally
represented on a new 14-member
board.

Marshall said the combination
gives the new Transocean a broader
customer base, particularly with
state-owned national oil companies,
which control almost 90 percent of
global oil reserves. It also will give
Transocean greater exposure in the
growing and lucrative deepwater
drilling market.

The combined company will have
a global fleet of 146 rigs, including
harsh-environment jackups for shal-
lower waters and ultra-deepwater
drillships. Oil companies are heading
for deeper waters worldwide as the
compétition to find new sources of
hydrocarbons intensifies.

“We like it,” Dan Pickering of







TAKING A LOOK: Officials, including

INTERNATIONAL EDITION

BANKING

Barclays’

ABN Amro
bid raised
with help
from Asia

BY TOBY STERLING
Associated Press

AMSTERDAM, Netherlands — Bar-
clays will raise its offer for ABN Amro
to $93.1 billion, with help from two
Asian financial partners, in the face of a
rival bid led by the Royal Bank of Scot-
land, the British bank said Monday.

Barclays’ new offer, about two-thirds
in shares and the rest in cash, comes to
$49.32 per ABN Amro share — up from
its earlier all-share bid worth $46.74.
The bid still falls below the RBS-led
consortium offer of $53.01 per share that
values ABN at $97.8 billion. ,

Either takeover would be the largest
in the history of the financial industry.

“The latest installment in this major
banking tug-of-war has yet again
thrown into doubt the identity of the
eventual winner,” said Richard Hunter,
head of U.K. equities at Hargreaves
Lansdown Stockbrokers. He said RBS
still has the advantage.

ABN Amro said it a statement that it

‘ had received Barclays’ revised offer and

“welcomes the opportunity for share-
holders to consider two competing pro-
posals on a level playing field.”

The bank’s management endorsed
the earlier Barclays bid, and sold its U.S.
arm LaSalle Bank of Chicago to Bank of
America for $21 billion in what was seen
as a poison pill measure to frustrate
RBS, which also wanted LaSalle.

ABN shareholders objected to the
sale that was never put up for a vote,
but the Dutch Supreme Court approved
the sale last week and it is expected to ©
close before the end of the year.

Barclays shares rose 3 percent to
$15.09, while RBS shares fell 0.1 percent
to $12.51 — increasing the value of Bar-
clays’ bid slightly, and fractionally low-
ering that of RBS, which is more than
90 percent in cash.

ABN Amro shares rose 0.7 percent to
$50.93.

Barclays said it had struck a deal .
with China Development Bank and ©
Temasek Holdings of Singapore,
whereby the pair will immediately buy
$5 billion of new Barclays shares, and an
additional $13.5 billion if the ABN Amro
bid is successful.

ABN Amro also said it planned a
$5 billion stock buyback to match the
amount of its shares issued to Asian
investors.

If the deal goes through and CDB
takes up its full share of $13.5 billion, the
Chinese government would have a 7.7
percent stake in Barclays-ABN.

Associated Press writer Robert Barr in
London contributed to this report.

TED JACKSON, POOL/AP FILE, 2006
Louisiana Sen. Mary Landrieu, Rep.

Bobby Jindal and Secretary of the Interior Drew Kempthorne, tour

Transocean’s Discoverer Spirit dr

Pickering Energy Partners wrote.
“Bigger is better in commodity busi-
ness like offshore drilling, and [the]
biggest guy just did some smart
stuff.”

Under terms of the deal, Transo-
cean shareholders will receive $33.03
cash and 0.6996 shares of the com-
bined company for each share of
Transocean they own. Shareholders
of GlobalSantaFe will receive $22.46

illing ship in the Gulf of Mexico.

cash and 0.4757 shares of the new
company for each share of Global-
SantaFe they own.

Transgcean shares rose $5.99, or
5.5 percent, to close at $115.96 after
rising to a 52-week high of $120.88,
while GlobalSantaFe shares rose
$3.59, or 4.8 percent, to $78.33 after
reaching a 52-week high of $81.19.

The deal is expected to close by
the end of 2007.


THE MIAMI HERALD | MiamiHerald.com

BUSINESS BRIEFS

e JAPAN



KYODO NEWS/AP

BACK ON TRACK: Workers process piston rings Monday
at Riken’s plant in Japan, near the epicenter of the
magnitude 6.8 earthquake on July 16. :

Carmakers are ready |
to resume operations

From Herald Wire Services

Carmakers Mazda and Honda (HMC) and more than half
of Toyota’s (TM) shuttered assembly lines will restart at T
least some production over the next two days because a key
parts supplier damaged by a major earthquake resumed oper-

ations Monday.

Factories of Toyota and other major automakers have been
shut because of damage sustained at piston-ring maker
Riken’s plant in Kashiwazaki, in north-central Japan, near the
epicenter of the magnitude 6.8 earthquake on July 16.

Riken restarted production of some auto parts after work-
ers replaced damaged equipment and restored the factory’s
gas and water supplies, a company spokeswoman said on
condition of anonymity, citing protocol.

e EUROPEAN UNION

OFFICIAL: TRADE PLAN
REQUIRES SACRIFICES

EU Trade Commissioner -
Peter Mandelson told Euro-
pean Union governments
Monday that a draft agree-
ment floated last week “dis-
tributed the pain fairly” with
cuts to agricultural tariffs
that Europe can accept.

The deal unveiled by the
World Trade Organization’s
chief agriculture and manu-
facturing mediators calls on
the United States to reduce
its trade-distorting farm
subsidies to a level of
between $13 billion and $16.4

_ billion as part-of a new
global trade pact.

The European Union
appeared to have largely sat-
isfied the trade body’s
demands for liberalizing its
farm markets.

e DOW JONES BID

BANCROFTS DISCUSS
NEWS CORP. DEAL

‘ Members 6f the Bancroft
family, the controlling
shareholders of Dow Jones
(DJ), gathered in Boston on
Monday to consider a $5 bil-
lion bid for The Wall Street
Journal publisher from
Rupert Murdoch’s News
Corp. (NWS).

Family representatives.
were seen entering a Hilton
hotel in downtown Boston,
including Leslie Hill and
Christopher Bancroft, both
of whom are also board
members of the New York-
based company. The Ban-
crofts are expected to get a
full briefing on Murdoch’s
proposal, and then take sev-
eral days to decide.

e@ CELLPHONE .

RESEARCHERS: iPHONE
SUSCEPTIBLE TO HACK

Hackers could take con-
trol of an iPhone if its owner
visits a doctored website or
Internet hotspot, security
researchers reported.

The vulnerability of the
vaunted device, Apple’s
(APPL) first cellphone, is
only theoretical for now.
There are no reports of
criminals actually taking
advantage of the security
glitch to remotely access an
iPhone.

But if it were exploited,
hijacked iPhones could be
very useful to the same
gangs that take over per-
sonal computers and use
them to disseminate spam,
said a security analyst.

.-.jumped 61 cents,.or.almost.

e CONTRACTOR

e ACQUISITION

CERBERUS BUYS UNITED
RENTALS FOR $4B

Private equity group Cer-
berus will acquire United
Rentals (URI) for about $4
billion in cash, the equip-
ment rental company said.

Including about $2.6 bil-
lion in assumed debt, the
transaction is valued at $6.6
billion.

Shares of United Rentals,
one of the largest players in
the construction-gear rental
industry, have risen more
than 16 percent since April
9, the day before the com-
pany said it might put itself
up for sale. United Rentals

2 percent, to $32.98 Monday.

HALLIBURTON 2Q@
INCOME DOUBLES

Halliburton’s (HAL)
profit more than doubled in
the second quarter, getting a
$933 million lift from the
separation of former subsid-
iary KBR (KBR). But even
without that gain, the results
still beat the consensus Wall
Street forecasts for the oil-
field services contractor.

Earnings of $1.5 billion for
the April-June period, which
amounted to $1.62 per share,
compared with income of
$591 million, or 55 cents a
share, in the year-ago
period, Halliburton said:

Revenue in the quarter
rose 20 percent to $3.7 bil-
lion from $3.1 billion a year
ago. The company said sales
rose worldwide, particularly
in the Eastern Hemisphere.

Halliburton shares rose i
$1.17, or 3.2 percent, to |
$37.74.

e ONLINE RENTALS

NETFLIX OFFERS BLEAK
EARNINGS OUTLOOK

Netflix (NFLX) expects
its profit to sag the rest of
this yearastheonlineDVD
rental leader absorbs the |
cost of lowering itsthe most
popular subscription planto
ward off an intensifying |
threat from rival Block-
buster. The bleak forecast
overshadowed the Los
Gatos-based company’s sec-
ond-quarter results.

Netflix had foreshad-
owed the bad news Sunday
when the company unveiled
its price cuts. After plunging
$2.36, or 12 percent, to end
the regular session at $17.27,
Netflix shares shed another
25 cents in extended trading.

|
i
i
i
i
i
i
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i
|
|
i



Stock



Yahoo

Intel

Level3

4pm. 6:35 p.m. Late 4pm. 6:35 p.m. Late

Tkr. dose close Chg. volume Stock Tkr. dose close volume

PwShsQQQ QQQQ 50.07 50.01 -.06 101904 | Texinst XN 3818 3687 -1.31 16554

SPDR SPF 15397 153.88 83 Bsbr3 Xerox XRX 19.71 19.71 * 16435
f i . Target TGT 66.67 . +,

Starbucks SBUX 2817 2817 * 38368 MarchxB MCHX 14.55 nS ‘> 18038

USBancrp USB 31.75 31.75 37362, | AlteraCpif ALTR 24.92 25.10 +18 14869

Naticity NCC 31.59 31.59 36540 | cprncl XLF 35433543554

Hudscity HCBK = 11.70 11.70 32105 | GieadScis GILD 3800 3788 12 ~—«14494
INTC 2472-2462 -.10-=(28269 : ;

Dell incif DELL 2934 2931 03 ~—-24049:|| ~‘Teppco = «TPP, 45.72 45.72 * 14438

Vit 593.594. ~—t.01.--24037«|«iSHR2Knya IWM = 82.98 82.90 -.08 += 14093

CSCO 30.26 30.22 04 21753 Nautilus NLS 9.14 9.14 -.00 14012

PFE 25.03 25.11 +.08 19009 Hilton HLT 4477 44.77 —* 13856

Cisco
Pfizer

BrMySq 32.13

Atheros ATHR = (32.11 29.69 = -2.42 13675



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





MERGERS

INTERNATIONAL EDITION

TUESDAY, JULY 24, 2007 |4B

Satellite radio a la carte?

BY JOHN DUNBAR
Associated Press

WASHINGTON — The top -
executives at the nation’s two
satellite radio companies
detailed pricing plans Monday
that they said would let cus-
tomers choose which channels
they want to receive if the two
firms are permitted to merge.

XM Satellite Radio and Sir-
ius Satellite Radio announced
the $4.7 billion merger last
February. The combination
requires approval from anti-
trust regulators and the Fed-
eral Communications Com-
mission.

The pricing’ plans
announced Monday range
from $6.99 per month for 50
channels offered by one ser-
vice to $16.99 per month
where customers would keep
their existing service, plus

RETAIL

“chose from the best” of chan-
nels offered by the other ser-
vice.

That means a customer
could subscribe to both the
Major League Baseball chan-
nel on XM and the National
Football League channel
offered by Sirius, on the same
radio.

CURRENT PRICING

Currently, the price of a
monthly subscription for both
companies is $12.95, and there
is no channel choice, or “a la .
carte” option.

A combination of Sirius and
XM, which broadcast to a
combined 14 million subscrib-
ers, faces steep regulatory
challenges, however. When
the companies received their
licenses from the FCC to begin
offering subscription radio

Wal-Mart starts

‘ageressive
discount plan

BY ANNE D’INNOCENZIO
Associated Press

NEW YORK — Wal-Mart ‘
Stores, the world’s largest
retailer, said Monday it is cut-
ting prices on more than
16,000 items starting this week
in a bid to turn around sales
for the critical back-to-school
season.

The price cuts, which range
from 10 percent to 50 percent,
will be backed by a new ad
campaign on how to save
money as gas prices remain
high and kids head back to
school. The cuts are deeper
and involve even more items
than in the year-ago period
and top the 11,000 items dis-
counted right before last
year’s holiday season kicked
off, according to Melissa
O’Brien, a company spokes-
woman.

Wal-Mart has been playing
up its low prices since late last
year after getting hurt by a
focus on trendy merchandise
in an effort to get affluent cus-
tomers to buy more than just
groceries. While the upscale
strategy worked in electronics,
such as $1,000 flat-panel TVs,
it failed in home furnishings
and apparel, resulting in slug-
gish sales since last fall.

AVERAGE

So far this fiscal year,
Wal-Mart has averaged a
same-store sales gain of a mea-
ger 1 percent, compared to
rival Target’s 4.1 percent
increase, according to Thom-
son First Call.

Same-store sales are sales

_at stores open at least a year

and are considered a key indi-
cator of a retailer’s health.

In April, Wal-Mart’s same-
store sales dropped — the
weakest performance since it
began publishing monthly
Sales in 1980. bce

Last year, Wal-Mart’s same-
store sales averaged a 2.1 per-
cent increase, while Target
had a 4.9 percent increase.

STRATEGY

Wal-Mart did enjoy some
improvement last month when
it posted a better-than-ex-
pected same-store sales gain
of 2.4 percent, indicating that
its more aggressive discount
strategy may be resonating
with shoppers.

“We'll provide families sav-
ings where it counts, and con-
tinue to work closely with key
suppliers, reduce packaging:
and lower shipping costs as we
steer this program through fall
and beyond,” Bill Simon, chief
operating officer, Wal-Mart
Stores U.S., said.

Under Wal-Mart’s new
pricing plan, $1 will be able to
buy 4 wide ruled notebooks, 2
bottles Elmer’s glue (4 oz.) and
a 24-pack of crayons. A $50
budget will be able to pur-
chase a week’s worth of school
clothes, and $80 will buy two
pair of prescription glasses at
the Wal-Mart Vision Center.

The price cutting campaign
comes as Wal-Mart has also
been making changes to its
merchandising team. The

MERCK, SCHERING-PLOUGH -

Drug partners post 2Q profit gains

BY LINDA A. JOHNSON
Associated Press

TRENTON, N.J. — Phar-
maceutical companies Merck
& Co. and Schering-Plough
partners in a lucrative choles-
terol drug joint venture,
posted hefty jumps in second-
quarter profit Monday and
handily beat analysts’ expecta-
tions.

Merck, which again raised
its 2007 earnings forecast, got
a pat on the back from Wall
Street, with its shares jumping
nearly 9 percent at one point.
But Schering-Plough, whose
profit more than doubled, saw
its initial 2 percent rise in
share price fizzle and ended
the day flat, leaving analysts
puzzled.

“I’m not sure what’s leading
to the weakness” in Schering’s
stock, said analyst Joseph
Tooley of A.G. Edwards &
Sons. “It was a good quarter
for them.”

Likewise, he said, the trend
has been positive for pharma-
ceutical companies reporting
so far in the quarter, with the
exception of Pfizer, which saw
profit plunge 48 percent.

“By and large, we’ve seen
good solid performances, and
certainly stronger than
expected performance by
Merck and Schering,” Tooley
said.

Merck & Co. reported its



service via satellite, they
agreed not to merge.

The companies must prove
to the Justice Department that
the deal is not anticompetitive.

They must also prove to the
FCC that a merger would be in
the best interest of the public,
which owns the airwaves the
two companies use to deliver
their signals.

Sirius CEO Mel Karmazin,
in a speech at the National
Press Club in Washington on
Monday, said the United
States is in a “revolutionary
age of audio entertainment”
and that the companies must
compete with a whole range of
products that weren’t around
when the licenses were first
issued.

He said the companies
compete with free services,
including portable digital



music players, cellphones that
download music, digital radio
and the “800-pound gorilla”
that is terrestrial radio.

STRONG OPPOSITION

The National Association
of Broadcasters opposes the
merger, calling it a “govern-
ment-sanctioned monopoly.”

Spokesman Dennis Whar-
ton said in a written statement
that policymakers “should not
be hoodwinked” by the
announcement. He said the “a
la carte” option would require
customers to buy new radios
and he said that nothing in the
past has prevented either com-
pany from offering an a la
carte option before.

If a merger is approved, the
combined company would
offer a total of eight different
packages.

JIM MONE/AP

SAVINGS: In hopes of turning around sales for the
back-to-school season, Wal-Mart has cut prices from

10 percent to 50 percent.

company said on Friday that
Claire Watts, a top Wal-Mart
apparel merchant, has
resigned. The*executive had
been behind the failed make-
over to trendy items from low-
price basics.

As part of the changes,
Wal-Mart. promoted Dottie
Mattison, formerly chief mer-

MEL EVANS/AP

REVENUE: Schering-Plough said its second-quarter profit
more than doubled compared with a year ago, as
revenue climbed 13 percent.

profit jumped 12 percent as
revenues from six new medi-
cines and strong growth of key
older ones offset losses to
generic competition and
another charge for its massive
Vioxx litigation.

Merck shares rose $3.31, or
6.8 percent, to $52.33.

Merck earned $1.68 billion,
or 77 cents per share, com-
pared with net income of $1.5
billion, or 69 cents per share, a
year earlier. Excluding a $172
million restructuring charge,
net income was 82 cents a
share. Revenue rose 6 percent
to $6.11 billion.

Analysts polled by Thom-
son Financial expected a profit
of 72 cents per share on reve-

nue of $5.77 billion.

Morgan Stanley analyst
Jami Rubin called it “yet
another blowout quarter.”

“The company is progress-
ing well in the five-year plan it
set for itself in December of
2005,” J.P. Morgan Securities
analyst Roberto Cuca wrote.

Tooley said he remains
impressed with Merck’s cost-
cutting progress and growth in
both the top and bottom line
— despite the comparison to a
year ago, when Merck still had
quarterly Zocor sales of about
$1 billion.

Merck took a charge of $210
million to boost to $810 million
its reserve for defending
against lawsuits over Vioxx,

chant for Walmart.com, to

‘ senior vice president oversee-

ing women’s apparel, jewelry,
shoes and accessories as well
as product development. Mat-
tison will be based in the com-
pany’s trend office in New
York City.

Wal-Mart share rose 6
cents to $48.12 in trading.

the painkiller it pulled from .
the market in 2004 after
research showed it doubled
cardiovascular risks. The com-
pany expects the reserve to
cover legal costs through
2008.

Merck raised its 2007 profit
forecast to between $3 and.
$3.10 per share, excluding
15-20 cents for restructuring
and layoff charges, and raised
its sales forecast by about $1.1
billion.

At Schering-Plough, net
income jumped 118 percent to
$517 million, or 34 cents per
share, from $237 million, or 16
cents per share, a year ago.
Excluding charges related to a
licensing payment and the
planned acquisition of Orga-
non BioSciences by year’s end,
the company would have
earned 41 cents per share.
Sales grew 13 percent to $3.18
billion, mainly on the strength
of Vytorin and Zetia. The joint
venture brought it $490 mil-
lion in equity income. .

Analysts expected a profit
of 35 cents per share excluding
one-time items on sales of
$3.07 billion.

Despite the profit jump and
the company beating analysts’
expectations, Schering-Plough
shares slipped 19 cents to
$31.30 after rising as high as
$32.50 earlier in the session. Its
52-week high is $33.81.



—~g
THE TRIBUNE

TUESDAY, JULY 24, 2007, PAGE 5B





Carnival and Royal Caribbean
pull outs hit arrival figures

@ By CARA BRENNEN-
BETHEL
Tribune Business
Reporter

CRUISE passenger arrivals
to the Bahamas dropped signif-
icantly during the months of
April and May 2007, with the
pull out of several Royal
Caribbean cruise lines ships and
the pull out by Carnival’s Fan-
tasy vessel having a major
impact.

According to the latest sta-
tistics released by the Ministry
of Tourism, cruise arrivals
declined overall by 17 per cent
in April, with Nassau/Paradise
Island as the first port of call
decreasing by 20 per cent.
Grand Bahama cruise arrivals
declined by four per cent, and
the Family Islands by 17 per
cent.

In May, cruise arrivals to Nas-
sau/ Paradise Island as a first

'





@ CRUISE ships and other vessels in Nassau harbour

port of call increased by three
per cent.

However, overall, the
Bahamas saw a decline of 10
per cent in its cruise arrivals,
with Grand Bahama experienc-
ing a massive decline of 36 per
cent and the Family Islands
experiencing a decline of 17 per
cent.

The May year-to-date figures
revealed that, overall, the num-

bers were down by five per cent,
the same percentage for Nas-
sau/Paradise Island. Grand
Bahama decreased by 14 per
cent and the Family Islands saw
a minimal drop of one per cent.

According to the ministry, the
numbers were down because
most of the cruise ships brought
in fewer passengers than in
2006.

passengers to Nassau/Paradise
Island, and the Bahamas lost
the benefit of its Fantasy ship,
which usually called overnight
in the port of Nassau.

In addition, other cruise ships
did not call into the Bahamas
or may have only visited their
private islands. Grand Bahama
also missed the benefits of
yachters and boaters.

In May, the ministry noted
that more passengers were on
ships calling in Nassau, which
offset the decline in some ships
calling with fewer passengers.

The ministry noted that
despite the fact that the Carni-
val’s Fantasy had been pulled
out in November 2006, Carnival
still managed to bring in more
passengers in May than the
same period in 2006.

Further, Royal Caribbean
did reduce the number of ships
that come to Nassau/Paradise
Island in May 2007. The Explor-

er of the Seas, the Navigator of
the Seas and the Voyager of the
Seas did not go to the Bahamas
at all, regardless of port of

entry.

The pull out by Royal
Curibbean had the biggest
impact on Grand Bahama.

We will be

CLOSED
On Friday July 27th
To observe a well -deserved “Fun Day”

Carnival brought in fewer

‘Double-digit’ tourism decline ————_—

destinations were stepping their game up.
“T just got back from Cancun last night,
and they have rebounded significantly from
the hurricane. The overall experience from
the airport experience, the service level,
were outstanding. They have not returned
to the levels that they were before; they
have exceeded it,” Mr Miller said.
“He added that Cancun was also benefit-
ing from a $30 million marketing blitz.
One area of concern from the WHTI was
the impact it would have on group travel.
The April statistics confirmed what Bahami-
an hotels had also said - that Spring Break
travellers to this country have significantly
.dropped.
Just this weekend, during his keynote
address at the Bahamas Chamber of Com-
merce banquet, Prime Minister Hubert
Ingraham noted the effect that WHT1
would have on Bahamian tourism:
“WHTI has created for the Bahamas a

levelling of the competitive framework,
meaning that a critical advantage of the
Bahamas over’ the rest of the Caribbean
has been lost,” Mr Ingraham said.
“Erosion of this advantage, when cou-

. pled with the introduction of low-cost, low

fare airlift provided by carriers like Jet Blue
and. Spirit Airlines, makes the wider
Caribbean much more accessible and
affordable to the US consumer.”

The Ministry of Tourism data showed
April air arrivals to islands such as
Eleuthera, Abaco, and Bimini remained
positive, rising by 3 per cent, 1 per cent and
3 per cent respectively. Andros island saw
air arrivals rise as well by | per cent.

However, air arrivals to the country’s
two main cities were down by double digits,
on Nassau/ Paradise Island by 11 per cent
and Grand Bahama 12 per cent. Cat Island
saw the largest decrease in air arrivals for
April, falling by 35 per cent, followed by the

Berry Islands at 26 per cent, Exuma at 16
per cent, San Salvador at 15 per cent and
Cat Cay by 14 per cent.

In May, the Ministry reported that air
arrivals to Andros were up by 59 per cent,
to Cat Cay by 31 per cent, the Berry Islands
by 14 per cent and that again Long Island
was able to begin rebounding from its air-
port troubles.

However, overall air arrivals for the
month were down by 9 per cent.
Nassau/Paradise Island remained in the
negative double digits of 12 per cent, slight-
ly behind the 15 per cent drop in Exuma:

Grand Bahama declined by 3 per cent,

Abaco by 4 per cent, Bimini by 3 per cent,
Cat Island by 12 per cent, the Ministry said.

Year-to-date air arrivals showed that
Abaco, Andros, the Berry Islands, Bimini,
Cat Cay and Eleuthera were up. Long
Island saw a massive increase of 121 per
cent. Jo...



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PAGE 6B, TUESDAY, JULY 24, 2007 THE TRIBUNE

Ne
pupLic notice | Government ‘unlikely’ to

appeal Home Centre ruling











The Public is hereby earivieecl that |, MORMA
ANTHONY ZERWOS of 3 Twynam Avenue , PO. Box
BEFGS, Masenu, Baherrete intercl to change my reine
to If there sre sry
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rst write such objections to the Chief Passport Officer,










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days after the date of publication of this notice.

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EMPLOYMENT
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FROM page 1

The minister said the Grand
Bahama Chamber of Com-
merce, Port Authority and the
Government all seemed
amenable to resolving the issue.

“I think it is now time to
work out an arrangement that
will satisfy all parties on what
needs to be done, within the
ambit of the law,” Mr Laing
said.

He received backing from Mr
Lowe, who told The Tribune
yesterday: “We look forward to
finally getting some progress
made with respect to a defini-
tive policy and ther Hawksbill
Creek Agreement.

“It’s been a long time com-
ing, but hopefully we can get
Freeport to become what it
should be.”

The ruling by Supreme

effectively allows the Home
Centre to bring all the prod-
ucts it is stocking at its West
Atlantic Drive store into
Freeport duty-free, without
having to pre-pay duty on
goods before they are sold.
Prior to the ruling, the
Home Centre and all other
GBPA licensees, such as Kel-
ly’s (Freeport) Dolly Madison,
Bellevue Business Centre and
Bahamas Copier, had to pre-
pay customs duties on the por-
tion of imported inventory
classified as non-bonded.
Therefore, Justice Isaacs’
judgement has major implica-
tions for the way in which Cus-
toms duties - the Governmen-
t’s main source of revenue -
are collected in Freeport, as it
opens the way for all licensees
to bring in their inventory
entirely bonded, with no pre-

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MAXPRO PACIFIC LTD.

In Voluntary liquidation

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of the International Business Companies Act (No. 45 of 2000),
MAXPRO PACTFIC LTD. is in Dissolution.”

The date of commencement of dissolution is the 8th day of July,

2007.

Peter Pao
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BE Texteny an Pk Co wow chip wecdegiohend

The whole controversy sur-
rounding the payment of Cus-
toms duties in Freeport stems
from the fact that the Customs
Management Guide to the
Hawksbill Creek Agreement,
the very foundation on which
the Bahamas’ second city was
built, has never been set in
statute itself.

Result

As a result, all Port Authoti-
ty licensees have developed
their own methods for dealing
with bonded goods and the
issue of pre-paying and post-
paying duties to Customs,

Bonded inventory is tax-free
if sold to GBPA licensees for
use in their own businesses. On
post-paid items, the standard
practice that has evolved is for
licensees to go through with

sold upon which duty is
payable, and then submit the
required amount on a certain
date each month.

Customs, though, has fre-
quently sought to clamp down
when it comes to bonded
goods, fearing the Government
conceded to much in the
Hawksbill Creek Agreement
and that the bond is open to
too much abuse - for example,
inventory brought in as bonded
by via Freeport and then
shipped directly to non-GBPA
licensees in Nassau, enabling
businesses to avoid duty pay-
ments.

Yet the courts have fre-
quently slapped Customs down
for exceeding its powers, or
exercising those it does not
have in an arbitrary fashion,
when it comes to Freeport and
bonded goods.

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THE TRIBUNE

TITS MG NT PS a PTS Te ee



[HE COLLEGE OF THE Bag

Visit our website at www.cob.edu.bs

}Ucouni, vULY 24, 2007 PAGE 7B



EDUCATING & TRAINING BAEIAMIANS S

Job Description: Director of Campus Life

Position Purpose

The Director of Campus Life develops designs and implements a range
of services to promote the social, cultural, fitness and recreational needs
of students at a College/University. These services include such functional
areas as: advising student government and other student organizations;
co-curricular activities which enhance students’ practical and community-
service experience; activities which develop students’ awareness and
appreciation of multi-cultural social conditions; activities which develop
‘students’ leadership skills; and activities which support students’ physical
fitness and recreational needs

Supervisory and Other Relationships

The Director of Campus Life works under the direction of the Vice
President Student Affairs.

The position is required to have extensive cooperative and collaborative
relationships with faculty, students, staff, the general public and with
professionals in peer organizations. The incumbent is expected to
represent the College/University in a positive manner and to collaborate
with academic and student services departments to contribute to retention
of students.

Major Accountabilities

The Director of Campus Life is accountable for providing services
conducive to positive experiences and development of students at the
College/University through effective performance in these essential
functional areas:

e Program planning and development

e Service delivery

e Development and supervision of staff
e Budget and fiscal management

Examples of Essential Duties

The following examples of duties and accountabilities illustrate the
general of tasks assigned to the position but are not intended to define
the limits of required duties. Other essential duties may be assigned
consistent with the general scope of the position.

A. Program planning and development:
The Director of Student Activities is accountable for developing

programs which contribute to the retention of students and to
enhancing their social and academic experiences at the
College/University. The accountability includes such essential tasks
as:

1. Assessing the social, cultural and recreational needs of the
College/University’s students;

2. Developing programs, strategies, events and activities to meet the
developmental, leadership training and recreational needs of the
College/University’s students;

3. Reviewing and evaluating student activities and services to assess

their effectiveness and making needed changes;

4. Planning and implementation of Student and Parent orientation
programmes and activities.

B. Service delivery:

The Director of Campus Life Activities is accountable for the effective
functioning of assigned student services by directing and participating
in their delivery. The accountability includes (when aESIEnee) such
essential tasks as:

1. Performing and supervising advisement to student organizations;

2. Supervising or arranging for supervision of events, training and
conferences to develop awareness and sensitivity to diverse
cultures including their publicity.

3. Supervising and participating in events and activities for enhancing
socialization, volunteerism and participating opportunities;

4. Supervising. and participating in programs and recreational -
activities;

C. Development and supervision of staff:

The Director of Campus Life is accountable for providing an appropriately
qualified student activities staff and for assuring their effective
performance. This accountability includes such essential tasks as:

1. Recruiting and recommending appropriate qualified staff for the
College/University’s student activities function within the constraints
of fiscal and compensation policy;

2. Providing for training and development of assigned staff to assure
their current and continuing competencies in their respective fields;

DMD RIL te So Re eae ELLOS PR, hd WE PR ed TE oo ee ee ES

and Accountabilities

3. - Providing leadership and direction to assigned staff;

4. Reviewing and evaluating performance of assigned staff, providing
guidance and coaching where needed, and conducting constructive
performance reviews with staff;

5. In collaboration with the College/University Human Resources
Director, providing fair and effective administration of
College/University human resources and labour policies.

D. Budget and fiscal management:

The Director of Campus Life is accountable for management of
financial resources and for the value of services achieved with
investments in equipment, system and human resources. This
accountability includes such essential tasks as:

1. Analyzing the resources needed to fulfil the organizational units
service obligations including development of cost and benefits
_ analyses and forecasts of student services requirements;

2. Preparing fiscally sound budgets including rationales for expected
results to be achieved from expenditures;

3. Monitoring expenditures compared to budgets and initiating needed
corrective action.

Professional Participation and Development

In addition to the accountabilities listed above, the position is required
to carry out the essential duties of:

Attendance and participation at convocation and commencement
ceremonies;

e Service on assigned committees and task forces;
e Attendance and pamlctpanion.s at committee, staff, informational
and professional meetings: * a haere! prise

These may involve attendance at evening or weekend events.
The incumbent is required to maintain currency in the position’s required
fields of professional expertise and competencies including required
computer skills and others bodies of knowledge required for job
proficiency.

The incumbent is required to maintain complete confidentiality of student
records and other materials of a confidential nature.

Qualifications

Incumbents are required to have demonstrated advanced knowledge
and abilities in the following areas:

Advisement of student organizations;

e Student activities including recreational activities and those orientated
. toward providing for enhancement of students’ cultural and leadership
experience;
Strong information technology literacy skills;
Supervising human resources;
Developing and managing operating budgets and plans
Effective oral and written communications

These skills and abilities typically are acquired through combination of
education, training and experience which may include a Bachelor or
Master’s degree in an appropriately related field together with from two
to five years of experience in a related field; or a combination of education,
training and experience which would lead to the competencies required
for successful performance of the position’s essential duties.
While a Bachelor’s Degree is acceptable, a Master’s degree in Higher
Education or related field is preferred.

Work Environment

Incumbents typically perform their work in offices, students centers and
athletics facilities. The work does not normally, involve significant
physical effort. However, incumbents may actively participate in physical
fitness and athletic training and they may accompany students on field
trips. Incumbents also may travel to regional or international meetings
and conferences.
The Director
Human Resources
The College of The Bahamas
Oakes Field Campus
Thompson Boulevard & Poinciana Drive
P. O. Box N-4912
Nassau, Bahamas

Deadline 27th July, 2007

Please visit the College’s website for more information about the
institution and to access the College’s Employment Application Form.
PAGE 8B, TUESDAY, JULY 24, 2007

THE TRIBUNE



Paradise Fisheries
plans expansion

PARADISE Fisheries; the
seafood processor and whole-
saler, is planning to expand
through hiring more staff and
increasing its fishing boat fleet.

Anthony McKinney, Par-
adise Fisheries’ president, said
in a statement that the expan-
sion was due to an expanding
client relationship with Baha
Mar’s Cable Beach Resorts.

The Bahamian-owned firm,
established 17 years ago and
now employing between 80-
100 people, is proposing to add
new processing equipment and
expand its warehouse, too.

Paradise Fisheries supplies
Baha Mar with fish and other
seafood items, such as conch,
shrimp, stone crab, lobster tails
and scallops, along with spe-
cialty items such as Hilsa fish
(from India), halibut and
Chilean Sea Bass.

Other fish and items not
native to the Bahamas are also
imported and then processed
right here in the Bahamas for
distribution by Paradise Fish-
eries.

Mr McKinney said: “One of
our long-term goals is to put
greater emphasis on things

that are Bahamian, and to
grow and give quality service
that tourists and locals alike
enjoy.”

He said of the relationship
between Paradise Fisheries
and Baha Mar: “Building rela-
tionships is important. There
may be other competitors, but
once a good relationship is
established, you will continue
to get good business”.

“Competition is healthy for
our country. Our success
depends not only on growth
and products, but quality as
well.”



@ ANTHONY McKINNEY, president of Paradise Fisheries and Patricia Rahming,
sales associate, display the wide variety of products sold to Baha Mar



AIRPORT, from 1

management of Canadian firm,
Vancouver Airport Services
(YVRAS), is seeking to
announce the licence awards to
the chosen kiosk operators by
August 24, 2007, with the

licences taking effect from ,

October 1, 2007, at latest.
John Spinks, the NADC’s
vice-president for commercial
affairs, told The Tribune yes-
terday that the company had to
increase the number of ‘walk

through’ briefings for potential
kiosk operators from two to
three due to the level of inter-
est.

“We had 55-60 packages
[requests for proposal] taken
out, and 35 to 40 people show
up for the briefings, so there’s a
lot of interest,” Mr Spinks said.

He added that YVRAS had
purchased some six 10 feet x 10
feet kiosks for the winning
licensees to use, but pointed out
that these could be separated
into 10 feet x 4 feet wall units or
shared with another operator.

Therefore, the ultimate num-

ber of specialty kiosk numbers
at the Lynden Pindling Inter-
national Airport could be a

» maximum of 12 and a minimum

of six once all licences are
awarded.

Some concern had been
expressed to The Tribune over
Clause 1.4 in the request for
proposal (RFP) document,
which stated that in addition to
the rent kiosk licensees paid to
the NADC, they could also
offer the airport operator an
“incentive payment” in a bid to
win the licence.

The clause stated: “In addi-

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-tion to rent, proponents may
_offer a one-time lump sum

key/incentive payment to
induce NADC to select their
proposal.”

There was concern that this
could lead to kiosk licences
being awarded on the basis of
‘money talks’, rather than a
potential operator’s concept or
business plan, with the airport
not attracting those licensees
who were best for the job.

However, Mr_ Spinks
explained that the NADC’s
evaluation committee would use
“a very specific set of evalua-
tion criteria” - such as business
concept and theme; applicant’s
background, management expe-
rience, operations and market-
ing plan, and capital - to deter-
mine who won the kiosk
licences.

The financial return each
licensees would generate from
paying NADC either a mini-
mum guaranteed rent per
annum or a percentage of gross
revenues (the minimum gross

“revenue percentage on which

rents are to be based is 12 per
cent) would be taken into
account, but Mr Spinks
explained that “the only time”

the incentive payment in Clause
1.4 “comes into play” is if
NADC received two identical
concept proposals that could
not be separated.

If one applicant had offered
to make an incentive payment,
and the other had not, the for-

‘mer would win, Mr Spinks said,

as NADC seeks to maximise
revenues to fund the airport’s
expansion and construction of
new terminal buildings.

He added that Clause 1.4 was
standard practice when it came
to leasing retail space in malls
and airports, both locations

' being highly sought after by

retailers who were competing
for just a minimal number of
outlets.

“We’re clearly looking to
maximise revenues,” Mr Spinks
said. “It’s a standard thing to
include in the retail mall busi-
ness, airport retailing, where
you have a large number of
retailer competing for a small
number of retail outlets.”

In the RFP, the NADC said:
“Over the past 10 years, Nas-
sau Airport’s average annual
passenger growth has been
approximately 2 per cent. Cur-
rent forecasts anticipate growth

will average around 3.2 per cent
through to year 2015.”

Some 3.31 million passengers
are forecast to pass through
Lynden Pindling International
Airport during 2007, some 2.785
million of those being interna-
tional travellers.

By 2015, some 3.847 million
passengers will pass through the
main gateway to the Bahamas,
some 3.287 million of those
being international travellers.
And by 2030, those numbers,
according to the RFP, are pro-
jected to swell to 4.81 million
and 4.21 million respectively.

Of the six kiosks, two are for |
authentically Bahamian-made
goods, such as arts and crafts,
while two more are for Bahami-
an souveniurs as well as those
two categories. For the final two
kiosks, some 25 per cent of the
merchandise they sell must be
authentically Bahamian.

The minimum base rent is
$2,000 per month for a kiosk,
or $3,000 per month with two
operators sharing a kiosk.
Applicants, though, can offer
to pay a higher minimum base
rent or higher percentage of
gross revenues upon which the’
rent calculation will be based.

MINISTRY OF HEALTH & SOCIAL DEVELOPMENT

GOVERNMENT NOTICE

Invitation for Tenders

The Government of The Bahamas is inviting tenders for the necessary
Service, Maintenance and Repair of Tractors and Mack Tandem Trucks for
the New Providence Sanitary Landfill.

Interested parties may obtain further information, inotuding eligibility to
patticipate and may collect the bidding documents upon payment of a non-

refundable fee of $100.00, as of Monday, July 23" 2007.

The Department of Environmental Health Services

Farrington Road
Nassau, Bahamas

Telephone No: (242) 322-8037, Facsimile No: (242) 322-8073
Between the hours of 9:00 a.m. and 5:00 p.m., Monday to Friday.

The method of payment will be certified cheques or cash. Tenders are to be
submitted in triplicate (3) in a sealed envelope(s) addressed to:

The Tenders Board

C/O The Financial Secretary
Ministry of Finance and Planning
Ceeil V. Wallace Whitfield Centre

P.O. Box N-3017
Nassau, NP.
The Bahamas

Tenders will be opened at 10:00a.m. on 21°, August , 2007 at the office of
the Tenders Board, Ministry of Finance and Planning

The Government reserves the right to reject any or all Tenders.





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