Citation
The Tribune.

Material Information

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

Subjects

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

Notes

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

Record Information

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

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Bd

=» The Tribune

fl ODN ~ ?'m lovin’ it. |





Volume: 104 No.20

WINDY WITH |
* SHOWERS

Ingraham: officers in





SOF |
70F |

Bahamas can be reluctant
to pursue allegations
against public officials

By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

PRIME Minister Hubert Ingra-
ham has expressed concern that
the Royal Bahamas Police Force
sometimes exhibits “reluctance”
to pursue allegations made against
public officials.

On Tuesday evening, Mr Ingra-

ham suggested in the House of

Assembly that his observation that
the Canadian police were “able to
deal” with such allegations was a
factor in his decision to send two
senior officers to spend a year gain-
ing exposure to their policing.
The prime minister made these
statements ’as he sought to respond
to what he called “some very ill
informed comments” about his
decision that assistant commis-
sioners Ellison Greenslade and
Marvin Dames, currently with



alUey-Va mano] eclare lan

responsibility for crime and the
New Providence district respec-
tively, would be offered the oppor-
tunity to experience the Canadi-

SEE page 20

PM to attend Freeport Container
Port Phase V groundbreaking

mâ„¢ By DENISE MAYCOCK

Tribune Freeport Reporter

dmaycock@tribunemedia.net

FREEPORT - Prime Minister Hubert Ingraham will be in
Grand Bahama on Thursday morning for the official ground-
breaking of Phase V expansion at the Freeport Container Port.

Mr Ingraham is expected to speak at the ceremony which starts
at 10am. Grand Bahama Port Authority executives CEO Sir Albert
Miller and President Albert Gray are also expected to attend.

The FCP is a joint venture project between Hutchison Port
Holding, which is a subsidiary of Hutchison Whampoa Ltd of
Hong Kong, and the Grand Bahama Port Authority.

SEE page 19













* 10 Pes. Chicken
2 Laiye Sides
¢ A Biscuits










ISA TODA

BAHAMAS EDITION

PRICE — -75¢ |

OBITUARIES «

eT Ta Lt Lt
IN TODAY’S TRIBUNE

Tim Clarke/Tribune staff




29-YEAR-OLD Marlon Smith
of Pinewood Gardens being
taken to court yesterday.










A FOURTH man charged
in connection with the shoot-
ing death of Samuel
“Mouche” McKenzie was
arraigned in Magistrate's
Court yesterday.

McKenzie, 35, who was out
on bail for murder, was:
gunned down in broad day-
light on November 22 on Wil-
son Street, off Hay Street,
according to reports.

Marlon Smith, 29, of Ava-
cado Street, Pinewood Gar-
dens, was arraigned before
Chief Magistrate Roger
Gumez at court one Bank
Lane yesterday afternoon in
connection with McKenzie’s
murder. Police have charged
Smith, Dashino Wilson, 27,
Adrian Edgecombe, 31, and
Stephen Stubbs, 32, of Ridge-
land Park west with McKen-
zie’s murder.

Police have also charged
the three men with conspir-
ing to attempt to murder
McKenzie, as well as attempt-
ing to murder and conspiring
to attempt to murder Keith
Woodside. Woodside. was
also wounded during the
shooting. Wilson, Edgecombe ~
and Stubbs were arraigned on
the charges last week.

Smith, who is represented
by lawyer Dion Smith, was not
required to plead to the
charges. He was remanded to
Her Majesty’s Prison. The
case was’ adjourned to Janu-
ary 21. Prosecutors intend to
proceed with the matters by
way of a Voluntary Bill of
Indictment, which means that
the matters will go directly to
the Supreme Court.







Shane Gibson
defends PLP’s
actions in office

@ By TANEKA THOMPSON
Tribune Staff Reporter

tthompson@tribunemedia.net

FORMER PLP minister of
housing Shane Gibson yesterday
defended his party’s actions in
office amidst a flurry of criticism
on the current state of the Min-
istry of Housing.

During an interview with The

SEE page 20

Daniel Smith death inquest
adjourned until January —

THE inquest into the death of Daniel Smith, son of the late Anna
Nicole Smith, was adjourned to January 28 next year.

Prosecutors have indicated that there has been some difficulty i in get-
ting some of the foreign witnesses to appear at the inquest to give evi-
dence.

The inquest began in October following a six-month delay. The mat-
ter resumed before Magistrate William Campbell this week as prose-
cutors called several witnesses to the stand, including a local patholo-
gist and police officers who were involved in the investigation into
Smith’s death.

Daniel died on September 10, 2006, while visiting his mother at Doc-
tors Hospital — three days after she gave birth to her daughter Dan-
nielynn. This week local pathologist Dr Govinda Raju testified that
based on toxicology reports, Smith had died as a. result of a lethal
combination of the drugs Methadone, Zoloft and Lexapro.











































Shane Gibson


























Deputy PM denies
foreign mission
in Beijing closure
allegations

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



DEPUTY Prime Minister
Brent Symonette denied accusa-
tions levelled against him by for-
mer foreign affairs minister Fred
Mitchell that he was attempting
to protect the financial interests of
his friends and allies by seeking to
sabotage the accessibility of the
Chinese market by closing the
Bahamas’ foreign mission in Bei-
jing.

On the Prakaly said Mr
Symonette, the Ministry of For-

SEE page 20

Final witness
takes stand in
Pinewood case

@ By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net

. THE FINAL witness took the
stand yesterday, and another nar-
rowly missed being arrested, as
the ‘testimony phase of the
Pinewood election court case end-
ed. .

The morning session began
with PLP’s chief counsel Philip
“Brave” Davis requesting that the
court use its “coercive powers”
to secure the attendance of Rick-

» ey Dion Miller - a voter being

challenged by the PLP - who
again failed to appear before the
court.

SEE page 20

| Parliamentary

pensions list
tabled by PM
in the House

PRIME Minister Ingraham
tabled a list of all parliamen-
tary pensions in the House of
Assembly on Tuesday. The list
was made up of 65 members
and contains the monthly and
yearly salaries. of each pension-
er, along with the date pay-
ments began.

Currently, parliamentarians
contribute six per cent of their
salaries to pensions, and receive
pensions after serving for at

SEE page 19



an





PAGE 2, THURSDAY, DECEMBER 13, 2007

THE TRIBUNE



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4th ANNUAL CUSTOMER
APPRECIATION WEEK

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Thank You!

Commonwealth Bank would like to thank our most

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We appreciate your support and trust and assure

you that we will continue to provide you with the

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Stonefish warning for

divers and swimmers

DIVERS and swimmers
alarmed by the invasion of
Bahamian waters by ven-
omous lionfish were yesterday
warned about a new menace
— the potentially deadly
stonefish.

This creature carries more
poison than any other fish in
the world and releases it
through 13 stout spines in its
dorsal fin. It is believed to have
killed many islanders in the
Pacific and Indian oceans
before European migration
began.

The warning came yester-
day from Dr Dean Tsere-
topoulos, of Lyford Cay, who
said its presence posed an even
bigger danger than lionfish,
which are being sighted in
increasing numbers around the
Nassau shoreline.

Aquariums

Neither the lionfish nor
stonefish are native to the
Bahamas, but experts believe
they could be escaping from
aquariums, possibly in the
eastern United States. Others
say hurricanes have moved the
fish into “foreign” waters.

Dr Tseretopoulos said
stonetish were “of significant
concern” because their venom
was potentially lethal and
more toxic than that of lion-
fish. He said an anti-venom is
available from Australia,
where it flourishes in large
numbers.

The doctor’s comments fol-



low growing concern among
divers and snorkellers about
the increasing numbers of
colourful lionfish around
Bahamian reefs.

He said he had recently
treated a patient who had been
“stuck” by one or other of the
venomous species, and had
written an article for Lyford
Cay residents highlighting the
dangers.

Someone swimming on the
southern end of Clifton Bay
Beach was stung on the toe on
October 28, and it was pre-
sumed a lionfish was responsi-
ble.

“Tt causes a very intense
pain that is described as more
painful than that from a
stingray,” wrote the doctor.

“Blistering can also occur.
Rare fatalities have been
reported. The immediate treat-
ment would be to immerse the
affected tissue in hot water 42-
44 degrees Celsius for as long
as it takes to relieve theypain.

“X-rays may need to be per-
formed to exclude the pres-
ence of an embedded spine.
Local anaesthesia may also be .
necessary, as might antibiotics
and tetanus prophylaxis.”

Dr Tseretopoulos added
that in no circumstances
should anyone try to pick up
or touch-one of these fish, alive
or dead.

While the lionfish is highly
distinctive in appearance, with
beautiful flowing spines, the
stonefish is less conspicuous,
being well-camouflaged in a
reef environment.

THEM ALLA |
MARATHON

Tel: 393-4043

Open tonight
until 9p.m.

In fact, they look like coral
or encrusted rocks, being
largely grey or brown in colour
with patches of red, yellow or
orange. They also bury them-
selves in sand, using their huge
pectoral fin to cover them-
selves.

Length

Though usually about 35
centimetres in length, they
have been known to reach 50
centimetres, living mainly on
rubble bottoms, or around
coral reefs.

Like the lionfish, the stone-
fish is most prevalent in Indo-
Pacific waters, with a signifi-
cant concentration near Aus-
tralia, especially The Great
Barrier Reef.

Stonefish eat fish and crus-
tacea, striking with such speed
that only special cameras can
record them in action.

OWE Te leserd|
Art Gallery’s

reception
office closed
for renovations

THE National Art
Gallery’s reception office

in the annexe building has
been closed for renova-
tions.

The reception office and
staff have now been moved
to the second floor of the
main gallery building at the
top of the stairs to the left.

Other gallery spaces are
still open with the exhibi-
tion Bahamian Art: Pre-
Columbian to the Present is
still on view.

The gallery’s telephone
numbers, as well as inter-
net/e-mail set-up, are in
transition. Answering calls
may be sporadic.

The gallery management -
has apologised for any
inconvenience.
























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THE TRIBUNE

THURSDAY, DECEMBER 13, 2007, PAGE 3



Man to appear
in Freeport
court over
Grand Bahama’s
14th homicide

A 26-year-old male is set to
be arraigned in connection with
Grand Bahama’s 14th homicide
— that of Julian Nicholls — who
was killed on Friday, Decem-
ber 7.

The man will appear in the
Freeport magistrate’s court at
Jam tomorrow.

Mr Nicholls, 22, was the
country’s 75th murder victim.
He was found alive, but with a
bullet lodged in his head on Fri-
day morning.

He was taken to Rand
Memorial Hospital and arrange-
ments were made to airlift him
to the Princess Margaret Hos-
pital, however he died at
{2.05pm while those prepara-
tions were being made.

Film on Harry
Oakes to be
screened tonight
on Chanael Four



MURDER MYSTERY: Sir Harry
Oakes.

A DRAMA documentary
about the Sir Harry Oakes mur-
der case in Nassau is about to
get its second showing on
Britain’s Channel Four televi-
sion.

The film, much of it shot in
Nassau last year, will be
screened tonight to an audience
expected to top two million.

Producer Matthew Wortman,
who jokingly refers to the film
as a “down and dirty low-bud-
get drama documentary”, told
The Tribune: “It’s done sur-
prisingly well. The programme
reveals compelling new evi-
dence on what’s been described
as the greatest murder mystery
of all time.”

Wortman and his film crew
spent a week in Nassau during
September; 2006, interviewing
local figures with knowledge of
the case.

When it was first shown a
year ago, it attracted a very
good audience by Channel Four
standards. Sir Harry Oakes, a
multi-millionaire former gold
prospector, was murdered at his
home, Westbourne, on West
Bay Street, in July, 1943.

His son-in-law, Count Alfred
de Marigny, was later tried for
his murder and acquuitted.

The case remains unsolved to
the present day.

iro trie University:
Important notice

All persons who attend-
ed Selma University are
asked to send their con-
tact information to cfer-
gi@coralwave.com or
call 324-2436 as soon as
possible. A scholarship
and other items are
being planned for 2008.



on Olga amid reporte

deaths in Caribbean

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

NEARLY two weeks after
the end of the 2007 storm sea-
son newly formed Tropical
Storm Olga has reportedly
killed at least four people in the
Caribbean leaving deadly floods
and landslides in parts of Puer-
to Rico and the Dominican

Republic, the Associated Press .

reports.

According to the National
Hurricane Centre in Miami,
Olga is the 10th storm in the
record books that has devel-
oped in the month of December
since record keeping began in
1851.

On Tuesday, tropical storm
warnings and watches were
issued for parts of Haiti, the
Dominican Republic, the south-
eastern Bahamas and the Turks
and Caicos islands. Up to press
time on Wednesday Olga was
moving at 20 miles per hour
with maximum sustained winds
of 40 miles per hour.

Accuweather forecasters pre-
dict Olga will pass south of The
Bahamas while southeast
islands such as Long Island may
experience storm effects.

New Providence may also
experience gusty winds and

enhanced rains as a result and

possibly one to two inches of

rainfall over the next two days.
Two to four inches of rain is
expected over eastern Cuba.

“It’s a minimal tropical storm,
we do expect it to weaken and
most likely Olga will be down-
graded to a tropical depression
(on Thursday),
er meteorologist told The ‘Tri-
bune yesterday.

At | pm Wednesday, the cen-
tre of tropical storm Olga was
about 85 miles or 135 kilome-
tres southwest of Guantanamo,
Cuba. Olga is expected to tray-
el south of Cuba towards the
western/northwestern Bahamas
and end up in the Yucatan by
mid-Friday, forecasters said.

As the region deals with the
damage wreaked by this newly
formed cyclone, residents in
family islands most devastated
by the passing of Tropical
Storm Noel in late October are
struggling to return to a normal
life.

Cat Island, Exuma, and Long
Island were the most affected
by Noel which caused power
outages, created water short-
ages and heavy flooding in its
wake.

Crystal Glinton, First Assis-
tant Secretary at NEMA told
The Tribune yesterday that as

* an Accuweath- °'

the mass flooding has subsided,
persons left with damage to
homes, crops, and vehicles have

“a government avenue for assis-

tance. To assist flood victims, a
Declaration of Exigency has
been issued by the Ministry of
Finance for the urgent needs of
goods specified. Under the dec-
laration between November 15,
2007 and March 31 2008, qual-.

- ified persons are able to import

the following items duty free:

¢ building materials, electri-
cal fixtures and materials,
plumbing materials, household
furniture and appliances

e supplies for the recon-
struction and repair to green
houses, poultry houses, to repair
irrigation systems, items for the
re-establishment of nursery
stocks, and items required for
fencing

° fishery equipment such as
galvanized sheeting and other
materials used in the construc-
tion of fishing habitats, fishing
boats, gear and apparatus.

e motor vehicles, molerey:
cles and golf carts.

Family islands eligible under
this declaration are Acklins, Cat
Island, Crooked, Eleuthera,
Exuma, Long Cay, Long Island,
Rum Cay and San Salvador.

“All persons on those affect-
ed islands are entitled to apply

Mortician confident of beating off
competition for stand-up poses

A NASSAU mortician claims
he can beat off all-comers in his
bid to make sit-up and stand-up
poses a new trend at public view-
ings.

Ted Sweeting, the man whose
unusual pre-funeral presentation
of designer Harl Taylor caused a
furore last week, is determined to
make “outside the box” displays
of bodies.a growing trend.

And he says several people
have already shown an interestin
his enterprising methods since
Mr Taylor was displayed sitting
at a table surrounded by flowers
tor his public viewing.

When he heard that another
mortician was planning to
upstage him by using.a stand-up
pose, he said: “They can’t even
lay off bodies properly, so how
are they going to make them
stand up?”

He said only properly trained
morticians who had gone

through a US apprenticeship

would have the skills to show
bodies in a sit-up or stahd-up
pose.

“This kind of thing comes with
age and experience. They see it
but they don’t know how it’s
done. They are clamouring their
mouths because they hate to see
me take the glory.”

Mr Sweeting’s Colonial Mor-
tuary in Blue Hill Road was the

focus of intense media activity
‘last week when more than 3,000

Bahamians trekked through his
premises to see Mr Taylor.

“T can do it because I have the
skill,” he told The Tribune, ‘|
am prepared to do freemasons
in full regalia, servicemen in full
uniform, motor-cyclists on their
motor-cycles and many other

scenes. It all depends what the
customer wants. It’s not for
everyone because it doesn’t fit
everyone. But at least people
know there is someone here in
the Bahamas who can do it.”
Mr Sweeting said that in future
he might have to charge a little
more for “special” displays
because they take more time.

“IT have had positive com-
ments, even from those who had
put me on the backburner. [ had
to pull a rabbit out of the hat to
get back on top and I did it,” he
added.

“To do this kind of thing prop-

CORRECTION

City.Markets published a Pepsi. ad in
today's paper that reads, Buy | get 1
Dicom eeu IES ai 2 get 1 Free.
City Markets apologies for any

inconvenienced caused.



erly, you have to have real skill in
embalming and the restorative
arts. It is an art and science.
Many morticians don’t know
where to start when they go into
the preparation room.”

He said his “stand-up break-
through” would come when the
occasion demanded it. “I can’t
do anything without God,” he
said,

“No-one thought of doing any-
thing dike this until I did it. This is
history in the making in the
Bahamas because | am the first
of all mortictans from way back
to do it.”



DECEMBER SPECIAL
ci a oe

Village Road Near Shirley Street
Tel: 394-0323/5 OR 394-1377



NOW :
= nm
sani Rane) 1h

ek Seer

HOME FOR THE



18 HOLLY WREATHS |











Ramon Espinosa/AP Photo

PEOPLE evacuate from the rising waters of the Yaque River
caused by Tropical Storm Olga in Santiago de los Caballeros,
Dominican Republic, yesterday.

once they’re qualified. We want
persons to apply (now) because
there is a short window of time
— up until March to apply.”
Eligible persons can apply
through applications which are
verified by island administra-

tors who will forward the forms
to the relevant agencies for
approval.

Any reported misuse or
abuse, such as re-selling of the
goods imported will lead to
seizure of the items, she added.

Fabulous Christmas |
Shopping at
ie “Mat ISON DECOR

&

THE PRITCHARD DESIGN GROUP
SLinited

Nassau’s Premier Store

For Gifts & Home Seog

Gift Certificates
Available

7 DAYS A WEEK FOR YOUR SHOPPING Ca

Bayparl Building on Parliament Street
Telephone: (242) 323-6145
Harbour Green Shops:at Lyford Cay
Telephone: (242) 362-6527, Fax: (242) 326- 9953
P.O. Box N-121, Nassau, N.P., Bahamas
email:pritcharddesigngroup@coralwave.com

Here cames
trouble.

The Mall-at-Marathon
BOX OFF ICE OPENS AT 10:00 AM DAILY

| were $15.99 now $7.99 (APT TG Nae

A

cela ae





aso ve 86 |





PERFECT HOLIDAY NEW | 4:40 [3:35 [NA | 6:10 | 8:35
| | THE GOLDEN COMPASS B | 1:00 | 3:25 | NA_| 6:00 | 8:2
J [awace Tf ets | 5n0 [| ats | a


















CFTR ae 55 now 44 | THIS CHRISTMAS es fo Tess 8:25 110:50 |]
6 FT. WHITE TREE was $ 60 nowS 48 ape
TFLTREE was $75. now 60 : a San aa ame Li
71/2 FT, LIGHTED TREE was $225 wow $180 HITMAN 0 | 4920 | 3a | NA 6:20 | 8: ‘|
9.FT. TREE WAS ssi) NOW S240

i [THE MIST T 60 {a0 [Nn oo fe 8:20

| BEOWULF
| BEE MOVIE
















| ani ne
| CATON

The best selection ever! Tab and grommet,
tops, sheers and heavy drapes >
8

was § 5.99 wow $ 479.
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WAS $12.99 Now $10. a9

4 The Tribune wants to hear
from people who are making
news in their neighbourhoods.
Perhaps you are raising funds
f 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.














Sabres, a and. eee

Home F ee

Madeira St. [242] 325-8233 » Robinson Rd,[242] 322-3080 * Fax:[242] 322-5251

aH Le
UWL ty

ema ay
PHONE: 822-2157





PAGE 4, THURSDAY, DECEMBER 13, 2007

THE TRIBUNE



EDITORIAL/LETTERS TO THE EDITOR



The Tribune Limited

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

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

SIR ETIENNE DUPUCH, Kt, O.B.E., K.M., K.C.S.G.,
(Hon.) LL.D., D.Litt.

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B.
Publisher/Editor 1972-

Published Daily Monday to Saturday

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

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

Bahamas adding to global warming

AT THE dawn of the fourteenth century a
new spirit was stirring in Italy — it was a spir-
it that was to awaken a renaissance in Man
and give him new prominence in a universe
filled with mystery and challenge.

Scholars have described the Italy of that
period as a kind of “petri” dish for the devel-
opment of culture. It was an age when Man
was coming into his own. Humanists were
nudging the God-centred Middle Ages into
the background. Secular education produced
the men needed to manage the mercantile
and political world of the Mediterranean.
Artists, writers, linguists, scientists and traders
flourished and left their indelible stamp on
this peninsula that jutted like a heeled boot
into the Mediterranean. Suddenly men of the
Renaissance became aware that the world
was theirs and with a bit of wit they could
fashion it to their will.

Over the centuries, as this spirit gradually
embraced other continents and encircled the
globe, Man not only triumphed against great
odds, but also presided over many tremen-
dous failures — changing the course of histo-
ry and propelling it in many disastrous direc-
tions by cataclysmic misjudgments. Man in
our lifetime has ventured to the moon, left his
footprints there and returned triumphant to
Mother Earth.

However, in all of this apparent brilliance
and human power, he was not smart enough
to understand the delicate balance of a uni-
verse that had nurtured him and permitted
him to stride over it like a colossus.

It is now payback time. And the Earth is
reacting with a destructive vengeance to cen-
turies of human abuse.

Global warming, dismissed by many as a
figment of the overheated brain of some sci-
entists, has now been accepted as an
irrefutable reality. A reality that we ignore at
our peril. It is now acknowledged that Man is
the main culprit and architect of his own
destruction.

He either has to mend his ways, or an
angry Nature will destroy him.

In Japan giant jellyfish —6ft 7 inches in
diameter and weighing 440 lbs — suffocated
by pollution and over fishing in the Sea of
Japan have uprooted themselves from the
bottom of the ocean, and floated to the sur-
face. They now wreak havoc on Japan’s fish-
ing industry by destroying fishermen’s nets
and crushing the fish. Instead of anchovies,
salmon and yellowtail in their nets, these nets
are weighed down with jelly fish.

The Japanese decided to chop them up
and throw them back into the ocean only to

find to their horror that they were multiplying.
It was recently discovered that every piece

chopped off the whole can regenerate itself -

and produce thousands upon thousands more
jellyfish.

Here in the Bahamas we have been inun-
dated with a stranger to our waters. The
predatory Lionfish from the Pacific, which
has no natural predator in the Atlantic. These
fish threaten our marine resources, especial-
ly juvenile fish, lobster and crabs. They could
deal a mortal blow to our fishing industry.
Bahamian fishermen have been encouraged to
spear them.

Coral reefs in the Caribbean are dying and
reefs around the Bahamas are threatened—
again by pollution, overfishing and warming
seas. Parrot fish are crucial to maintaining
healthy reefs. They feed on the seaweed and
algae, which, if left unchecked, will destroy
the reefs. They should be protected.

The UN’s Human Development Index has
predicted that an increase of one metre in
the sea level would permanently submerge
about 11 per cent of the land area of the
Bahamas.

Bahamians have gone about their business
as though the little they contribute to global
warming would be so minuscule that a change
in their way of life would do little to help the
situation. Pollution, they reasoned, was the
fault of the industrialised nations and it was
their scientists who had to come up with the
solutions.

However, Bahamians were brought up
short a few weeks ago when the UN in its
2007/2008 Human Development report
announced that if all countries were to emit
carbon dioxide at levels similar to the
Bahamas, the world would exceed its current
CO2 output by over 200 per cent. Although
small in geographic size the Bahamas’ emis-
sion levels per capita are above those of all
other Latin American and Caribbean coun-
tries with similar population size.

And so we are digging our own watery
graves. But what are we going to do about it?
Are we going to continue to be the ostrich —
tail feathers exposed to a mocking world with
head buried deep in the hot sand?

It’s little wonder that our carbon dioxide
levels are the highest in the region. -This small
island — 21 miles long by seven miles wide —
has 119,404 registered vehicles on the road.
And to judge from the daily traffic jams, it
would seem that they are all in use adding to
the morning and evening traffic gridlock —
and frustrating citizens getting to and from
home and work.



FRIDAY

SATURDAY

Cn Ly!

#78 Mlackey Street,
Adjoining the Cottage
Garden, between
Palmdale Ave. G
Rosetta St.
393-3538

Confessing
political sins

EDITOR, The Tribune.

MR RAYNARD RIGBY.
did what none of the PLP
members of parliament were
able to gather the guts to do
and that is confessing their
political sins.

Mr Rigby, even though he
made many blunders, “talk-
ing fool”, sacrificing his own
integrity to save a dying party,
was man enough to make
amends to the Bahamian peo-
ple by distancing himself from
the childishness of his party.
He obviously does not want
to be grouped with the likes of
Fred Mitchell, Alfred Gray,
Shane Gibson, Allyson Gib-
son, Vincent Peet, Bradley
Roberts and, of course, Perry
Gladstone Christie.

Mr Rigby let it all hang out,
by admitting that the PLP was
really not operating in the best
interest of the Bahamian peo-
ple. He stopped short of con-
demning the PLP for chal-
lenging the Pinewood, Marco
City and Blue Hills election
results.

Even Mr Rigby, who not
long ago was willing to
become a martyr for the PLP,
knows that the depths to
which the PLP has sunk since
experiencing the humiliating
defeat at the polls, is not set-
tling with Bahamians. In fact it
is downright embarrassing and
humiliating for PLP who cher-
ish the rich legacy to be wit-:
nessing their party on “the last
mile of the way”. Of course
today’s PLP does precious lit-
tle to resemble the PLP of the
late 60s.

Maybe before Mr Rigby
completes his time in office as
chairman, he would be able
to convince the remaining
members of the PLP leader-
ship that corruption that
seems to follow some of them
wherever they go, is not the
most attractive to be attached
to any organisation, let alone a
political party.

Maybe Mr Rigby could con-
vince Dr B J Nottage to stop
worrying about what the FNM
has or will find that would fur-
ther bury the PLP. He should
be more concerned who might
“back stab” him this time at
the next convention, presum-
ably in February of next year.

Finally Mr Rigby would
redeem himself if he com-
pletely exposed the same peo-
ple who he defended, even
though his conscience both-

Dyess

letters@tribunemedia.net



ered him so much while he
was doing it, then and only
then would he find peace with
himself.

Unfortunately, the modus
operandi of the PLP is to
ignore things that bring people
together.

We do not expect the lead-
ership of the PLP in place
today to see any difference in
the behaviour. It is just not in
them to stop the low class divi-
sive approach that must have
been employed by the PLP.

The negative press by certain
members of the PLP cannot
bear good fruit.

Finally, Mr Rigby would
really redeem himself if he
publicly condemned the veiled
threat on the Prime Minister
of the Bahamas Hubert
Alexander Ingraham that
appeared on a website sym-
pathetic to the PLP and
alleged by many to be a
mouthpiece of Fred Mitchell,
otherwise we would all know
that he is not sincere in what
he is now saying.

IVOINE W INGRAHAM
Nassau,
December, 2007.

Stop harassing law
abiding citizens

EDITOR, The Tribune.

I JUST left the City Markets Food Store located in the Shopping
Mall on East Street South.

The manager was very nice and helpful towards me before I
started to shop in the City Markets Food Store. I went through the
store and picked up a few items. I was well dressed in a smart
grey suit since I am an attorney. I was amazed that towards the end
of my shopping that each aisle I went through I noticed that the
security was following me.

I then went to pay for the items. After I paid the cashier who is
not used to the new cashing machines she did not give me a receipt
since she said the machine did not print one. | insisted that I need-
ed a receipt and then I had to wait for about five minutes for
another person to write up a receipt and the poor manager had to
come and sign and stamp the receipt.

I must state that it is not appropriate for the security guard to
waste time following persons like myself after a glance through the
aisle or after the one time following me through the aisle he could
have seen that I was a law-abiding citizen. I witness criminal types
go into that same store who harass and beg persons for money and
let me tell you I do not see any security guard following them and
telling them to stop. Why do these people waste time harassing law-
abiding shoppers while the other real criminals go scott free to
harass more persons like me in the stores?

Also those cashiers who have received the new cash registers
should have trained persons supervising them so that they would
stop taking so long to cash or being unable to print a simple receipt.
It is time they get tHfeir act together. If you shop at night you do not
need the inconvenience of a cashier operating a machiné she does
not know how to operate and you certainly do not need a security
guard harassing you when all you want to do is get out of the store
after shopping and paying and going home.

I am sorely disappointed in these persons and I must extend
congratulations to the manager who saved the day for me. He was
the only one who seemed to know what he was doing tonight.
Tell those security guards to stop harassing law-abiding citizens and
catch the real criminals walking through the stores begging and
harassing shoppers and train those cashiers or let them be super-
vised when eashing. I love shopping at City Markets but these
changes have to be made urgently.

SHOPPING USED TO BE A PLEASURE
Nassau,
December 5, 2007.

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}HE TRIBUNE

~THURSDAY, DECEMBER 13, 2007, PAGE 5





Aciress Naomie
Harris honoured

THERE were no. dull
moments at the first Rising Star
Tribute held as part of the fourth
annual Bahamas International
Film Festival at the Aura Night
Club in Atlantis, Paradise Island,
on Tuesday night.

The Ansbacher-sponsored
event brought together film
makers, producers, writers, TV
personalities both local and
international to pay tribute to
actress Naomie Harris.

Patrons were given red car-
pet and VIP treatment with
access to an open bar, seafood
hors d'euvres while rubbing
shoulders with the star.

With much enthusiasm, man-
aging director of Ansbacher
Bahamas, Michael Mayhew-

Arnold gave a brief synopsis of }

Harris’ career and her journey to
stardom before presenting her
with the Rising Star Award.

Leshe Vanderpool, founder
and executive director of the
BIFF, speaking at the Tribute,
praised Harris and congratulated
her on her success as an actress.

~Naomie is a product of the
Caribbean, her parents are from
Jamaica, therefore. it is only fit-
ting to present her with the
Bahamas International Film Fes-
tival’s First Rising Star Tribute
Award, “she said.

Upon receiving her award
Harris remarked: “When I made
“After the Sunset’ here in Nas-
sau, four years ago, I never
thought I would be back here
again. To be back here again and
to be receiving an award like
this, it really does mean the
world to me. to have my work
recoy uzed in this way and also
because I’m a product of the
islands — both my parents are
from the Caribbean.

~The Bahamas is like my sec-

ond home — I spent a lot of :

time here. four months making
“Atter the Sunset’, and eight
months making ‘Pirates of the

Canhbean’. The warmth of the?

peop: here, the hospitality, the

indness, the generosity and the
augnity as well has really touched
me, and informed my perfor-
mance, So to receive this award
here is incredibly fitting and I
am so incredibly grateful.”

To the objective of the festi-
val Harris said: “It’s so wonder-
ful to have a festival like this
that celebrates all talents and all
kinds of films from all around
the world. I see this award as a
challenge to do more and get
better and continue to work with

great film makers as well as the’:

ones that are here tonight.”

FOR 3 IN 1 LAWN SERVICE
Fertilizer, Fungicide,
Pest Control
Tropical Exterminators
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@ By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

PATRONS of Starbucks in
Harbour Bay are concerned
that the cafe has become a
“crime hotspot” after some
fell prey to robbers while
using the coffee shop.

At least three customers in
the last two months have had
their property stolen as they
sat on the outside patio area
of the popular coffee shop,
adjacent to the car park.

Two victims have described
aman grabbing their bag and
then disappearing around the
corner on to the alleyway
that runs behind Starbucks
and KFC near the border of
the shopping plaza.

According to one account,
a man jumped over the pot-
ted bushes that border the
patio area, and took her
handbag. “It all took about
five seconds,” said the vic-
tim, who added that she was
informed it had happened to
another woman in the same
spot a week earlier.

In this instance, a security
guard reportedly informed
the victim that he believes
there are people “watching”
customers who sit in the out-
side area-to drink their cof-

. fee.

“They also think it is a

LOCAL NEWS

Some Starbucks Harbour Bay
customers fall prey to robbers



gang that parks behind the
wall, behind KFC — the guy
snatches the bag and then
jumps in the car, so there’s
no chance of recovering even
the bag,” said the victim.

In an account sent to The
Tribune just over a month
sarlier, another victim
described how a man “snuck
up, took my bag and ran to
the alley behind Starbucks.
He was chased through the
alley by other persons on the
terrace, but escaped into a
vehicle waiting in the alley.”

That vehicle had dark-tint-
ed windows. and the licence
plates were obscured.

“When this happened, it
was not dark.as yet. Neither

String of robberies
off Bernard Road

IN the past week there has been a string of robberies in
Bowe’s Cove, off Bernard Road, where three apartments were

broken into.

“They kicked in the burglar bars and went through the win-
dow,” said concerned neighbour Pauline Malakius.
Also, according to Ms Malakius, the perpetrators destroyed

the locks on the back door of one of the apartments

access.

to gain

At another apartment they went through the front door,
removing the locks and kicking the security screen in.

These robberies occurred during the day. There were no
reported eye-witnesses to these crimes. Items stolen trom the
homes included jewellery and small appliances.

The value of these items collectively is not known. However

it is believed to be substantial.

Furthermore, by assessing the type of items stolen, it is sug-
gested that the thieves were not travelling by automobile.

It is believed that the thieves work in a group of about four
people and may be residents of the area or very familiar with the

area.

Ms Malakius says she believes that the thieves had probably
been observing the comings and goings of the residents of those

apartments for quite some time.

Residents are encouraged to take extra precautions and bol-

ster the protection of their homes. This is the time of the year

that robberies are at a peak.

In addition, if persons know of a crime.or anyone who is a vic-
tim of such crimes, they are encouraged to report them to the _

police.

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AP Photo



was the area isolated; there
were a number of other per-
sons sitting outside when this
happened,” said the victim.

Again, the woman report-
ed being informed that this
was “not the first incident”
to have occurred at the cafe.

Both victims warned oth-
ers to be more cautious in
light of their experiences,
with one pointing out that,
as a regular patron. of the
cafe, she knows that staff
“are not warning people”,
though if they had she would
have “certainly heeded” their
advice and taken greater
care.

Yesterday, Theodore
Cooper, manager at the
branch confirmed that there
have been robberies at the
store. He said that in view of
these, Harbour Bay security
“beefed up” their presence
in the area around Starbucks
in particular. He added that
the branch ts taking other
measures to “secure the
property,” but did not wish
to elaborate on these. He

‘said that Wulff road police

had been made aware of the
incidents.

In response to the sugges-
tion that Starbucks should

perhaps warn its chentele of

Rosetta St.

the possibility of having their
property snatched whilst they
enjoy their coffee on the

» patio, Mr Cooper said that

he would not want to “run
people away”, and claimed
that rather than do this the
store has chosen to improve



“GIFT & BRIDAL REGISTR

Harbour Bay Shopping Centre

ORALEE’S FASHIONS

To our valued clientele we wish
you a very safe and Blessed
Christmas and a Happy New Year

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

BED BATH & HOME

security.

He added: “You can get
robbed anywhere in this town
now. You could walk out of
your house, out of church
(and get robbed). Sometimes
people don’t recognise things
until it happens to them.”








Beaty
ef

Ph: 393-4440 or 393-4448

AS

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PAGE.6, THURSDAY, DECEMBER 13, 2007

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WY
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THE TRIBUNE







ABOVE: Supt. Dean and Rev. Israel Rolle, President of the Nassau Vile



lage Neighborhood Crime Watch Group, sign a contract of police-citi-
zen cooperation for the safety of the community.

LEFT: Pictured with the leaders of the eight crime watch groups in the
front row are (from left to right) Supt. Stephen Dean, commanding officer
of the Southeastern Division, Garden Hills MP Brensil Rolle, Education
Minister Carl Bethel, and Assistant Commissioner of Police Marvin Dames.

RBPF Southeastern Division make historic

Crime Watch Associations contract signing

THE Southeastern Division
of the Royal Bahamas Police
Force made history on Thurs-
day, December 6th, with the
official launch of the Neigh-
bourhood Crime Watch Asso-
ciation programme at the
Southland Church of God, on
Soldier Road.

Leaders from eight Neigh-
bourhood Crime Watch Asso-
ciations across the Southeast-
ern Division attended the cer-
emonial signing of contracts
between the police and the
community associations.

The goals of this contrac-
tual agreement are:

e To set goals and condi-
tions for the safety of the
community;

e To reduce crime and the
perception of criminal activi-
ty in the Southeastern Divi-
sion.

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churches and the police to
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e Discourage street drink-
ing, suspected drug dealing
and drug use;

e Encourage and assist the
Southeastern Division in
establishing a greater police
presence, including regular
foot and/or bicycle patrols in
the Southeastern Division.

Support

Lending support to the pro-
gramme was Education Min-
ister Carl W. Bethel who said
he was overjoyed to see that
five of the Neighbourhood
Crime Watch Associations
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constituency and pledged his

personal support and that of.

the government. Also Garden
Hills MP Brensil Rolle
expressed his support for the
programme. Winding up the
evening, Assistant Commis-
sioner ot Police, Marvin
Dames commented on the
success the programme is
already enjoying, citing a
marked decline in house
crimes in the Southeastern
Division, which is directly
attributed to the Neighbour-

hood Crime Watch pro-
gramme.

Neighborhood Crimé
Watch Associations have
been established in Gamble
Heights, Garden Hills 1 and 3,
Gleniston Gardens, Hope
Gardens, Imperial Park, Nas-
sau Village, Sir Lynden Pin-
dling Estates, and South
Beach.

The Southeastern Division
plans to establish similar
Crime Watch associations in

the remaining communities of

the Division during 2008.
Communities in the South-

“eastern Diviston who-are “> 7 -

interested in establishing a
Neighbourhood Crime Watch
Committee should contact the
Southeastern Division Neigh-
bourhood Policing or Cus-
tomer Service Unit at 392-
4333 or 392-4337 or email:
southeastern@rbps.org.bs

Superintendent Stephen
Dean is the commanding offi-.
cer at the Southeastern Divi-
sion.

Man sentenced to two years in
connection with firearm charges

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



FREEPORT - A 41-year-old man was sentenced
to two years at Fox Hill Prison following his arraign-
ment in Freeport Magistrate’s Court on Tuesday.

Anthony Deveaux re-appeared before Acting
Deputy Chief Magistrate Helen Jones in connec-
tion with several firearm possession charges.

He pleaded guilty to two counts of possession of

an unlicensed firearm and was sentenced to two
years at Her Majesty’s Prison. He was also fined
$10,000 or one year imprisonment on the third count
for unlicensed firearm Eo Or

Deveaux was bound over to keep the peace for five
years. In default, he is to serve two years at Her
Majesty’s Prison on each count.

The sentences are to run concurrently.

In another matter, Deveaux changed his not guilty
plea to guilty for possession of an unlicensed firearm
and ammunition for which he was on $6,000 bail.

According to the particulars, Deveaux, being con-
cerned with another, on December 13, 2006. was
found in possession of an unlicensed veg and
ammunition.

Magistrate Jones fined him $5,000 or one year
imprisonment on each count.

In default of payment, he is to serve one year at
Her Majesty’s Prison with the sentence to run con-’
secitively with the other previous sentences handed
down by Magistrate Jones.

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Dec. 14th - 20th * 9am - 6pm

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THE TRIBUNE

THURSDAY, DECEMBER 13, 2007, PAGE 7



NAVA AVN (ORY
Jeff Rodgers and
ICR e ly ay



s

SPECIAL DAY: Jeff Rodgers and Philisha Barry were
married on Sunday, December 9, at Centerville Sev-
enth-Day Adventist Church. Mr Rodgers is best known
for his basketball camp — an annual event that is held
every Summer.

PHOTO: Ashley Taylor

















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A different direction and leadership are needed

TIME TO WAKE UP!

By OMAR SMITH

FOR the most part Bahamian
politicians are incompetent and/or
just plain dumb. We have been fac-
ing the same problems for as long
as | can remember, ('m approach-
ing my 40th year on earth and none
of these issues are getting any bet-
ter.

Is crime occurring less? No. Is
the immigration problem being
solved? No. Is our education sys-
tem up to standard? No. Is the cost
of living becoming more manage-
able? No. Is our quality of life get-
ting any better? Absolutely not!

Bahamians, we must take the
scales from our eyes. The coun-
try’s leadership has failed. They all
have. If we had to grade them, they
would all get an F, but can we
bring ourselves to admit this or
would we say that our political par-
ty did a better job than the other?

Peter is no better than Paul. It’s
time to be honest. They have all
failed.

Now we have a crime stricken
nation, people living in fear and
all our leaders can tell us is we’re
just having a bad year, or their
answer is we've got to get back to
the old days, or we have got to
start being our brother’s keepers.
Talk! Talk! Talk! No action.

Don’t forget the excuses, “Crime
is not a political thing”, or “You
can't blame the government for
crime.” All are excuses and politi-
cal catch-phrases to duck out of a
government's responsibility of
putting policies and programmes
in place to address the social prob-
lems facing our nation.

What a mess!

We pay taxes to the state to pro-
vide an environment which facili-
tates us achieving our goals, taking
care of our families and to live our
lives in security. On all accounts
the state has failed. If we are to be
“our brother's keepers” as we like
to chant all the time, it is time for
the government to govern accord-
ingly. It’s time to take our money
that it collects or the “cookies from
the cookie jar” and spend it in
areas Where it will begin to address
our brother's problems, our coun-
try’s social problems, and start to

Ssermamatiesy
;




Christmas Opening Hours

Friday 14th December
Saturday 15th December
Sunday 16th December
Monday 17th December
Tuesday 18th December
Wednesday 19th December

Phone 322-4862

coinoftherealm@coralwave.com



Charlotte Street, Nassau.

12 Days of Christmas

PRIZE DRAWING



keep our brothers safe from crime
etc Put resources into all of the
young people in our nation. Start
with mandatory after school study
hall and activities after school. Hire
more instructors to do so. Make
extra curricular activities available
every evening in our. communities
so children with dysfunctional
homes can get some constructive
influences, monitoring and men-
toring. Incorporate all the ideals,
morals and sense of humanity that
we would want to impart to the
next generation of young Bahami-
ans; include culture and true Chris-
tian principles.

We must hold delinquent par- .

ents accountable. Even if it takes
mandatory parenting classes, and if
that fails we must provide alter-
nate structured homes with com-
petent guardians in excellent care
facilities for these children, an
expense those parents must help
to bear. This serves two purposes,
the first, saving young lives and
two saving society the impact of
more dysfunctional young men and
women.

Remember, “Train up a child
in the way he should go, and when
he is old he will not depart from
it.” We must keep the streets and
street culture from our children,
all of our children.

In addition, we must take a zero
tolerance approach to crime and
mean it. Every infraction, no mat-
ter how big or small, if in our law
books, must be prosecuted. We
know our courts are overwhelmed.
Therefore we must allocate the
resources immediately without
delay. If we must hire more judges;
do so. If we need to purchase
buildings to try cases in; do so. If
we need more jurors, then start
compelling and compensating in
order to get the job done. If we
have convicted murderers and the
law is to hang, then hang.



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If we fail to.make these types of
changes, then our country will con-
tinue on the same path. If one does
not change direction then one must
be heading in the same direction.
Duh!

It’s time for a new direction. Of
course these programmes will cost
money, but | tell you; if we don’t
make the sacrifices and pay the
piper now, the price to pay later
will continue to be greater. God
knows we are already paying a
high price.

What are our priorities? We
have just passed legislation giving
Members of Parliament $20 mil-
lion collectively every term to
spend as they see fit in their con-
stituencies, but we are not willing
to put the resources into pro-
grammes that are well coordinated,
and those that have been tried and
proven. We must invest in our
youth or we will continue to get
what we have been getting. Think
of the lives lost, income lost, and
the peace of mind lost, priceless.

So Bahamians, are our leaders
dumb and/or incompetent? Or are
we the idiots to keep accepting the
“wutlessness”, incompetence and
arrogance that they so competent-
ly provide us, while they squander
away the blessings, health, wealth
and future of our nation. This is
despicable! At some point we must
all take responsibility for the direc-
tion in which we have allowed our
country to be lead.

Bahamians, we must wake up
and save our nation. It’s time for a
different direction and different
leadership. The political leader-
ship among others has failed us.
However the most terrifying truth
is they continue to deny their
responsibility and we continue to
allow them to do so.

e Mr Smith is the Deputy Leader
of The Bahamas Democratic
Movement.

Ltd.

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they brightened the sea-
son by assisting Burns
House Limited with its
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Linda Moultrie Missick,
principal of Cleveland

' Eneas Primary School

(left), accepts City Mar-

_ ket ham and turkey gift .

certificates from Christina
Albury, Corporate Rela- -
tions Manager of Burns
House (right) during the
school’s annual Christmas
Carol Service.

Bahamas Supermarkets
Limited assisted Burns ©
House Limited when
called -upon for a special
discount on the certifi-
cates.

Bahamas Supermarkets
Limited employs 700 peo-
ple in 12 City Market
stores in New Providence
and Grand Bahama. =~

The company is also
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of the community, most
notably the Bahamas
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deserving Bahamian stu-
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aTHE TRIBUNE

THURSDAY, DECEMBER 13, 2007, PAGE 9



ore
OO SS_F

The St Ma



tthew’s





Choir to ‘Repeat
the Sounding Joy’

THE St Matthew’s choir
will present a musical enti-
tled, “Repeat the Sounding
~ Joy”, on Saturday, December
15, beginning at 7.30 pm at
The Holy Trinity Activity
Centre, Stapleton Gardens.
Tickets will be available at
the door.

The St Matthew’s Sunrise
Choir'and M J M Chorale,
under the direction of Ms.
Marge Knowles, were found-
ed in 2005.

Also known as “The Sun-
rise Choir”, the group regu-
larly ministers at St.
Matthew’s Anglican Church’s
7.15 am mass each Sunday.

' The choir is made up of

professionals of diverse back-
grounds who have made a
commitment to practise Mis-
sion in Ministry through song.

During the past year the
choir has refined its reper-
toire through performances
at various social and cultural

Vt wotrpez § he 7
events, more notably, its

Christmas musical extrava-

%

” fi e aC 4 7

“Mercedes-Benz
C-Class is a 4-door
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Event takes place
this Saturday

ganza 2006 held at Govern-
ment House.

“The choir trusts that its
musical selections for this



from people who are
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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.

Share your news

The Tribune wants to hear

evening will delight and
inspire you throughout this
Blessed Christmas season,”
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The tutermuttunat Schouk af The bahamas .

(word school

St Andrew's School, The International School of The Bahamas, an authorized
International Baccalaureate (IB) World School, invites applications from qualified and
experienced Bahamian candidates for the following teaching vacancies, with effect from
August 2008. Full information regarding the school may be found at its website: www.st-
andrews.com . ’

Candidates should be qualified teachers who possess the necessary academic qualifications
for the position(s) for which they apply, including a teaching qualification and a bachelor's
degree, and normally need to have a minimum of two years successful school-based
experience. Desirable qualifications, in addition to those specified for individual posts,
are that teachers have successful experience in an independent and/or international school
and an advanced degree. Applications from candidates able to coach team sports or
advise school clubs and activities are particularly welcomed. Secondary (i.e. middle and
upper) school teachers will be expected to undertake the responsibility of a homeroom.

Please note that applications received from non-Bahamian candidates will not be considered
at this time, although permanent residents with the right to work are invited to submit their
papers for future consideration. Applications from candidates living outside The
Commonwealth of The Bahamas will not be acknowledged or considered at this stage
of the recruiting process. If the school is unable to recruit any position locally, it will
advertise internationally in January.

ALL SCHOOL

Physical education: Years pre-school to 13 responsibilities. Candidates must have
successful experience in coaching years 7 to 13 in at least three of the following sports:
baseball/softball; basketball; soccer; track dnd field; volleyball. Swimming/WSI certification
would be welcomed.

PRIMARY SCHOOL

The school is authorized to teach the Primary Years Programme (PYP) of the International
Baccalaureate Organization. Candidates for all posts in the primary school should be
committed to the principles of, and. preferably trained in, the PYP. Applications are warmly
welcomed from teachers who are committed to an inquiry-based pedagogy but who have
not yet had the opportunity to teach ina PYP school. —

Homeroom teachers: Class sizes range between 15 and 20.

Primary School Spanish (part-time): Candidates should be familiar with the ACTFL
standards and able to work as a contributing member of a school-wide team.

SECONDARY SCHOOL ;

The school offers its own middle years programme in years seven through nine and the
BGCSE in years 10 and 11 (grades 9 and 10). The school is authorized to teach the
Diploma Programme (DP) of the International Baccalaureate Organization in years 12 and
13 (grades 11 and 12). .

Science

Biology: Candidates for this post must be qualified to teach biology to pre-university level
and be familiar with the demands of the International Baccalaureate diploma programme.
Candidates should also be able to offer either chemistry or physics at BGCSE/IGCSE
level. ;

Chemistry: Candidates for this post must be qualified to teach chemistry to pre-university
level and be familiar with the demands of the International Baccalaureate diploma
programme. Candidates should-alsesbe able to offer either biology or physics to

~BGCSE/IGCSE level.

English: Successful experience in teaching English to IB level is required for this post.
Candidates for this post must be qualified to teach to pre-university level and be familiar
with the demands of the International Baccalaureate diploma programme. Successful
BGCSE/IGCSE and SAT 1/SAT II experience is also essential.

Mathematics: Candidates for this post must be qualified to teach to pre-university level
and be familiar with the demands of the International Baccalaureate diploma programme.
Successful experience in teaching calculus to AP and/or IB level is preferred for this post.
Successful BGCSE/IGCSE and SAT 1/SAT II experience is also desirable.

Drama: Candidates should be able and willing to teach up to IB theatre arts level and
possibly coordinate musical and drama productions throughout the secondary school.

Information technology: Years pre-school to 13 responsibilities in integrated technology,

promoting the concept of "computer as tool" across all ages and curriculum areas, as

well as teaching in years 10 through 13. Must be experienced in teaching computer -
science at IB diploma level.

Middle school home room and core teachers: Middle level educational qualifications,
experience working with early adolescents and a familiarity with the philosophy of middle
schools are required from applicants for these posts. Applicants may also be required
to teach BGCSE courses up to year 11.

At least two of the successful applicants will have documented successful experience in
teaching English in years 7 to 9 and will be able to offer English and one of the following
— PSE; IT & Social Studies; art; drama — possibly to BGCSE level.

Another successful applicant will have documented successful experience in teaching
general science in years 7 to 9 and will be able to offer any combination of biology,
chemistry and physics at BGCSE level. If he/she could also teach mathematics that would
be useful.

Mathematics and special needs (part time post): Candidates must have successful
experience in teaching in both areas.

NB: One successful candidate from all the posts offered will be able to offer the
teaching of the Theory of Knowledge course at IB diploma level. Another will be
able to offer the teaching of psychology at IB diploma level

Interested candidates should apply to the school's principal, Mr. Robert Wade, by letter,
email or fax as soon as possible. All applications MUST include the following:

letter of application ;

a personal statement detailing the candidate's educational philosophy

a full curriculum vitae,

either the names, addresses, telephone numbers, fax and email numbers of three
people who may be approached for confidential professional references or the
name and address of the recruiting agency from which the candidate's confidential
dossiers may be obtained.

Information on the teaching posts offered may be obtained from the heads of the schools
by email or fax only.

Frank Coyle, Head of the secondary school:
Email: Frank.Coyle@st-andrews.com
Fax: (1 242) 324 0816

Allison Collie, Head of the primary school:
Email: Allison.Collie@st-andrews.com
Fax: (1 242) 324 0816

Bob Wade
Principal

St Andrew's School
P O Box EE 17340
Nassau

Email: Bob.Wade@st-andrews.com
Fax: (1 242) 364 1654

The closing date for applications is 31 January 2008. Applications from unqualified
candidates, applications arriving without the full information requested, applications from
outside The Commonwealth of The Bahamas or applications received after this date will
not be considered



PAGE 10, THURSDAY, DECEMBER 13, 2007



THE |RIBUNE



Harborside Resort raises funds for children’s home

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four-week Food Stamp Drive in October followed by.a car wash in November in aid of the children at the Bil-
ney Lane Children’s Home. The teams raised over $2400 of which, half was matched by Starwood Vacation
Ownership, Inc.



HARBORSIDE RESORT at Atlantis’ team cleans up for Children’s Home. Pictured are Sales and Marketing
Associates of Harborside Resort at Atlantis during a recent car wash. The funds raised were used to assist
the Bilney Lane Children s Home Harborside Resort at Atlantis plans to hold additional activities to support
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THE TRIBUNE

THURSDAY, DECEMBER 13, 2007, PAGE 11

LOCAL NEWS

BIFF

200 7



Ansbacher Bahamas sponsors the
Filmmakers Residency Programme

Ansbacher Bahamas, as
part of its 50th anniversary cel-
ebrations, has sponsored the
Filmmakers. Residency Pro-
gramme at this year’s
Bahamas International Film
Festival (BIFF).

This

international film related
career experts and made them
available to young Bahamian
and Caribbean film makers
for the sharing of their expe-
riences.

More than 12 people sub-
mitted their films and the five
following candidates were
chosen: M.A. Drayton, Jason
Darcy, Kareem Mortimer,
Gustavius Smith, and Ian
Poitier.

The most impressive of the
five participants, Bahamian
filmmaker Gustavius Smith
was selected as this year’s win-
ner for his project “Built for
Load.”

Mr Smith received $10,000
toward his professional devel-
opment trom Ansbacher
Bank. An honourable men:
tion went to Jason Darcy for
his project “Adam’s Quest.”

The group of Filmmaker





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Adviser and Shoreline Entertainment CEO; Leslie Vanderpool, founder,
Executive Director BIFF; Mike Viner, Ansbacher representative. Back Row:
Bruno Lambrigger, Ansbacher representative; Stewart Miller, Ansbachet
representative, Miguel Drayton, filmmaker participant; Suzan Jacobsen ,
writer; Norm Golighty, Adviser; lan Poitier, Filmmaker; Jason Darcy, film-
maker (extreme back); Gustavius Smith, filmmaker, Kareem (Vortimer, film-
maker. ‘

Residency Advisers presiding
over this year’s programme
and evaluating the candidates
included Shoreline Entertain-
ment CEO Morris Ruskin,
filmmaker Lawrence Konner

(“Mighty Joc Young”), pro-
ducer Norman Golightly
(“Ghost Rider”), veteran film
festival director Nicole
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on Him...dsatah 26:3)

Therefore, let us keep our
minds stayed on Jesus, the
reason for the Season, us we
abide in His love and live
peacefully together.

Wishing you a Merry
Christmas and a Glorious

aes Year!
Pastor, Rev. Sherelle L. Saunders New



You are invited to join.
Faith Mission Church of God Ministries ,
“The Mega Worship Centre’

inthe following special services during this Yuletide Season:

December 16th 11:00am “Live Radio Broadcast
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THE TRIBUNE.



a





=:

ANGELA Archer of the Bahamas Film Commission speaks. Also pictured are Cheryl Cartwright of the
Bahamas Plays and Films Control Board (centre) and Joan Graves of the Motion Picture Association of Amer-

ICa.

THE Bahamas Film Com-
mission has_ effectively
brought about training in film-
making for a core of Bahami-
an professionals, a Commis-
sion representative told the
Bahamas International Film
Festival at the weekend.

Angela Archer, manager of
the Bahamas Film Commis-
sion, said her organisation has
been a strong advocate for the
inclusion of Bahamians on the
film projects that have come
to the Bahanias over the past
four years.

heegerne ces
Royale, After the Sunset, Into
the Blue and Pirates of the
Caribbean IT and IIT have tak-

Harbour Bay (242) 394 7660 | Marathon Mall (242) 393




en on dozens of Bahamians as
production assistants, location
assistants, and extras.

A handful of actors have
even appeared on camera with
speaking roles.

Now the Commission is
working to have its efforts
strengthened in law.

As the Commission pro-
vides recommendations to the
government on an incentive
package to lure more produc-
tions to the Bahamas, the

“Commission would be look-

ing to include the hiring of

«Bahamian personnel as a con-

dition of production houses
being able to access incentives,
she said.

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Kevin Kemp_ _ _ .. ...

PHOTO:

“That is definitely some-
thing we are looking at and
that would be included in any-
thing (recommended to gov-
ernment),” she said.

As a part of the Ministry of
Tourism, the Film Commis-
sion’s work has mainly been
slanted towards bringing busi-
ness and visitors to’ the
Bahamas.

However, the inclusion of
Bahamians is one of the main
ways that the Commission has
been contributing to building
a local film industry, Ms
Archer said. ra nerdy ail

Despite having to navigate
maze of difficult and som
times controversial decisions,
the Bahamas Plays and Fil
Control Board is also helpin
to develop the Bahamas’ ar;
world, said board chairperso
Cheryl Cartwright.

Ms Cartwright and M
Archer were panelists on B
F’s “Filming In th
Caribbean” panel.

Other panel member
included Joan Graves of th
Motion Picture Association
America, actor Jonathon M
ray and Bahamian filmmake
Kareem Mortimer. ;

Ms Cartwright pointed “
that the Plays and Films Co
trol Board must review eve
film that is to be shown to th
public in the Bahamas.. {

Unlike in the United States,
it is mandatory that the board
reviews every film and assigns
a rating to it. |

Also, unlike the Unite
States, cinemas and the publit
are bound to strictly adhere
to the board’s ratings. }

Adults who allow children
to view films that have beet
assigned an adult rating coul¢
be prosecuted. 1

For severe infractions, vior
lators can be imprisoned o
fined as much as $2,000, Ms
Cartwright pointed out. i

Although the board has the
ability to ban films, Ms
Cartwright said this is a mea+
sure that has not been neces+
sary in the six months since
she has been chairperson.

Ms Cartwright said Bahami-
an artists have a role to play in
the development of the
Bahamas, and she is confident
that members of the Plays and
Films Control Board would
not take the banning of a film
lightly.

This is particularly true fora
Bahamian-made film, she said.

“IT am confident that the
board members would only
do that after a lot of thought,”
she said. “I stand behind them
and I am confident in them.”

Film-maker Kareem Mor-
timer, who‘recently made a
film with a homosexual theme,
said he dreaded having his
film reviewed by the board. |

After the process, however,
he said he thought the board
was fair and relatively easy to
work with.

BIFF events continue until
December 13.












THE TRIBUNE

| HURSDAY, DECEMBER 13, 2007, PAGE 13

Jamesie, ‘king of scratch music’, makes it to the screen



A FILM about the ‘king of

scratch music” is being screened

in Nassau this week as part of

the Bahamas International Film
Festival.
aso
Jamesie, King of Scratch 70-
min, DVD format completed
2006

A spirited musical journey

to the US Virgin Islands
okoB RAE
Produced and directed by
Andrea E. Leland
COUNTRY OF PRODUC-
TION: USA, Virgin Islands
(US)
COUNTRY OF FILMING:
US Virgin Islands, USA, Den-
oe
KE
Screenings at the Bahamas
international Film Festival
Monday, December 10, 8pm
British Colonial Hilton
Tuesday, December 11,
noon Atlantis Theatre’,
ERE
SYNOPSIS
James Brewster, 79, known
for his humorous, provocative
and playful compositions, and
lively performances, has per-
formed and recorded in the
Caribbean, Europe and the
United States. Scratch band
music, also known as “scratch
music”, is an indigenous, grass-
roots form of folk music that
originated in the US Virgin
Islands over a century ago.
The lyrics are a form of oral
history used to immortalise sig-
nificant historical events, spread
tude gossip about one’s neigh-
bours, and relay the day-to-day
trials and tribulations of living
‘on a small Caribbean island.
‘Playing with both homemade
‘(from tin cans and gourds) and
‘contemporary instruments, the
music has crudeness to it that is
intoxicating and rhythmic
‘speaking to both the beauty and
‘hardship of the Crucian (of St
Croix) lifestyle.
~ Copies of unedited footage

(80+ hours), and transcripts of

interviews are available for
‘scholars of all ages in the Centre

for Black Music Research
Library Archives located in

Chicago, Illinois. An accompa-
ne CD entitled “Jamesieand
the All Stars, Live at the Chica-

go World Music Festiva

available for sale on the pro-

ject’s website.

DIRECTOR STATEMENT

The US Virgin Islands are an
extremely popular tourist des-
tination, but what do these
tourists know of the rich cul-
tural traditions of the people
native to the islands? Most
tourists hear nicely packaged
and easily digestible sounds
while dining beachside at their

‘comfortable resorts. With vir-

tually no representation in the
popular media, the deep roots

MADEIRA PLAZA
322-7647
ROBINSON ROAD
322-3213

and cultural traditions of the
Virgin Islands are unknown to
most visitors or are considered
only as a form of light enter-
tainment.

North American culture is
quickly taking over the islands,
leaving folk traditions such as
“scratch music” marginalised
and changing this art form
rapidly. As younger generations
of Virgin Islandérs lose inter-
est in their native culture and
scratch musicians get older, it

is urgent that the historically /

significant form of “scratch
music” be documented. While
several “scratch music” CDs
have been recorded, knowledge

HARBOUR BAY
393-6923
MARATHON MALL
393-4146

15% OFF
ALL CLOTHING

3 DAYS ONLY
THURSDAY 13TH,

g
REKE SEK KLE RR ET ERLE KE RATE RET RR RS BARE

Prowely Seroiag the Bahamian People or Over 25 Years



of the Virgin Island’s folkloric
musical traditions is not widely
known among the American
public. The literature on this
music is scarce; most of the
recorded oral histories (collect-

ed in the 1970s) are housed
solely in a library on St Thomas;
and, there is no comprehensive

video documentation of

“scratch music’ ene its major
figures

aa”

MECHANIC | (AC)

The Grand Bahama Power Company, Limited invites qualified candidates to apply for the position of
Mechanic | (Air-Conditioning) in its Generation Department.



This pasition installs and performs major repairs and maintains a preventative maintenance program
on all Heating, Ventilation and Air Conditioning (HVAC) systems and related equipment. . The
incumbent performs the necessary tests and trouble shooting to correctly repair HVAC systems and
related equipment and will also be expected ia assist in the daily duties of the electrical department
when required. This position reports to the Generation Maintenance Supervisor.

The successful candidate will be expected to:
Perform root cause analysis of equipment failures.
Read electrical ciagrarns and schematics pertaining to HVAC and related sysiems:
Repair arid install HVAC units
Assist in electrical repairs and minor mechanical repairs.
Initiate purchase orders and write reports and procedures.
Maintain documentation of maintenance performed, technical documentation; drawings and



equipment, manuals. 5
Determine the root cause failures of HVAC systems and related equipment.
Assist in job planning and the securing of tools and materials.

Perform and keep records of preventative maintenance on HVAC systems.

Minimum Requirements
* High Schoo! Diploma and BGCSE or GCE ‘0’ level passes in Mathematics, English Language
arid Science Grade C or above
Minimum of three (3) years experience working as an Air Conditioning Mechanic.
Possess proof of training or certification as an HVAC mechanic.

Should be familiar with electrical installation.

Applications with supporting documentation including a clean Police Certificate and proof of

Bahamian citizenship should be sent to

RECTOR OF HUMAN RESOURCES
BAHAMA POWER COMPANY, LIMITED
RO. Box F-40888
port, Grand Bahama Island, Bahamas

IS: : @

21: hrdept@gb-power.com

GRAND BAHAMA POWER COMPANY

Apap and Baha Fare Brglé



ou are cordially to an

ESTEE LAUDER MAKE-UP EVENT

Thursday & Friday, December 13th & 14th, 2007,
loam- 5pm,

at The Perfume Bar; Tel: 322-7216

Bay & Parliament Streets

Saturday, December 15th, 2007

10am - 5pm,
at Solomon’s Mines, Tel: 394-771
Mall at Marathon





PAGE 14, THURSDAY, VeCEmuni: iu, cour

THE TRIBUNE



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pe

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NEW INSTRUMENTS were awarded on Tuesday to winners of BahamArts “Battle of the Bands” competition, during

_ apresentation at the Bahamas Agricultural and Industrial Corporation, East Bay Street. Pictured, from left, are Corporal

Theodore Campbell (Farm Road), Assistant Superintendent of Police Ronald Campbell, Corporal Nadia Young (Farm
Road), Rudolph Pratt, Jr., (St Barnabas), BAIC Chairman Edison M. Key, James Hutchinson, Yonell Justilien (Government
High), Lakishna Johnson (C. C. Sweeting) and Sergeant Rudolph Pratt, Sr., (St Barnabas).



5



TE —"




BAHAMARTS BOOTH winners receive their prizes from Bahamas Agricultural and Industrial Corporation (BAIC)



Chairman Edison Key on Tuesday. Pictured, from left, are BAIC Handicraft Development and Marketing Department
Manager Donnalee Bowe, second-place winner Sharon Ferguson, winner Celestine Albury, Mr. Key and third-place win-

ner Emily Munnings.

‘Tremendous growth’
at BahamArts Festival

CELESTINE ALBURY’s
wood carvings captured the
BahamArts Festival “best booth
award.”

And all-time favourite Farm
Road and Government High
School shared top honours in the
battle of the bands.

They received their awards on
Tuesday during ceremonies at
Bahamas Agricultural and
Industrial Corporation’s head-
quarters from Chairman Edison
Key.

In the best booth category,
Sharon Ferguson was second,

Emily Munnings, third, and
Hyacinth Hanna, fourth.

Assistant Supt of Police Ronald
Campbell of the Royal Bahamas
Police Force was singled out for
his contribution to organizing the
“Battle of the Bands” competi-
tion for four years.

“We have seen tremendous
growth in this event that has
attracted hundreds of young per-
sons to the BahamArts festival,”
said Mr. Key.

“The wide variety of products
on display at BahamArts demon-
strated beyond any doubt the

validity of the authentic Bahami-
an product.

“The many persons who
flocked to the show couldn’t help
but marvel at the fine degree to
which Bahamian products have
evolved.”

He applauded BAIC’s Handi-
craft Development and Market-
ing Department, host of the
BahamArts festival.

~Through their courses in sou-
venir creation held throughout
the islands, they are at the fore-
front of keeping the Bahamian
dream alive,” said Mr. Key.

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HH T| ;

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PAGE 16, THURSDAY, DECEMBER 13, 2007

4
t

IHE | HIBUNE



Deputy PM: New Ambassador of Bahamas
Environment Scientific and Technology
Commission to be appointment soon

A NEW Ambassador of
the Bahamas Environment
Scientific and Technology

ed shortly, with a mandate
to revamp that body to
make it more efficient,
Deputy Prime Minister and

Minister of Foreign Affairs.
Brent Symonette has
announced.

Additionally, seven offi-

cers with responsibility for
various Family Island ‘pro-
jects, also will be appointed,
Mr. Symonette said.

Commission will be appoint-

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Monday, December 17

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He was addressing the
recent Bahamas Real
Estates Association’s annu-
al Christmas luncheon, at
the Nassau Yacht Club,
Montagu.

“The new. Ambassador
will be charged with the
responsibility of revamping
the BEST Commission to
ensure that it operates effec-
tively in today’s environ-
ment,” Mr. Symonette said.

With the various projects,
the Government intends to:

e Pursue policies to pre-
serve existing vistas to the
sea and cause the creation
of new ones;

e Ensure that the right of
Bahamians to have access to
the sea and beaches is
enhanced;

e Implement a programme
of expansion and upgrade of
neighbourhood parks, recre-
ational and open green
spaces, seaside parks and
picnic areas around New
Providence;

e Facilitate the expansion
of the National Park system
by providing and extending
long term leases to the
Bahamas National Trust for
areas in the Abacos, Cen-
tral Andros, Exuma and
New Providence.

“As we go forward, the
Government seeks to meet
the expectations and needs
of residents for growth in
the economy while taking
care not to create employ-





Brent SMC nt

ment demands exceeding
our capacity,” Mr. Symon-
ette said.

“And we seek to guard
against creating unsustain-
able demands upon the
physical resources of our
islands,” he said.

The BEST Commission
has the primary roles of
evaluating environmental
impact assessments, mainly
of investors; managing the
international environmental
agreements to which The
Bahamas has become a par-
ty and to provide public
education on the environ- ’
ment:

It functions as an advisory
body to-The Bahamas Gov-
ernment in areas within its
mandate. It also ensures that
environmental protection is
a part of all permits pro-
cessing and that it provides
environment oversight and
monitoring during projec:
construction.

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PAGE 18, THURSDAY, DECEMBER 13, 2007

THE TRIBUNE



ON-THE-SPOT FINANCING

07 Land Cruiser Prado 4 X 4

¢ three engine options: 2.7L 4 cyl,

A.OL V6 or 3.0L turbo diesel | PRAISEWORTHY EFFORT: Charles Maynard, Minister of State for Culture, celebrated with Mount Tabor as the
church launched its first album, “Bishop Neil Ellis Presents: Mount Tabor’s Praise and Worship Ministry.” The
launch, held at One Hundred Bible Bookstore, featured the worship team as they rendered two selections
from the CD. Nadine Moss, Praise and Worship director and Nehemiah Hield, Managing Director, Kingdom Glo-
ry Records explained that the CD is Bahamian produced with an international appeal. Pictured at the launch, from
left to right, Minister Nadine Moss, Praise and Worship Director, Mount Tabor; Bishop Neil C. Ellis, Pastor, Mount

automatic transmission with overdrive
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air conditioning Sak Tabor; State Minister for Culture Charles Maynard, and Nehemiah Hield, Managing Director, Kingdom Glory




immobiliser and remote keyless entry
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eRe cg

YefacXs ARCA te P AOA OMT Rell bY weetae nN

The Tribune wants to hear

EXECUTIVE: BAU ue tht ; Sti Soo ue RUA Y tates t eur tye} from people who are

: ‘ kOjeres, Mon cs Stal Aas} . Seu) . . making news in their

pon Laie BESS soo EGS neighbourhoods. Perhaps

é vou are raising funds for a.

good cause, camparening
for improvements in the
area or have won an
award. If so, call us on 322-
1986 and share your story.

PHARMACY LTD

Records, formerly lead vocalist, BahaMen. In the background stands the Mount Tabor Praise and Worship Team.



















WANTED
IMMEDIATELY

Local Media House has a
vacancy for a Broadcast
Journalist / News Reporter

The successful candidate should possess the
following qualifications:

*® Minimum of 2 years experience

e Must have a good understanding of news
gathering & production .

¢ Must be an enthusiastic-self starter

e The ability and willingness to learn

e Must have own transportation

Please submit resumes to:
The News Director
Island FM
P.O. Box N-1807
Nassau, Bahamas
Fax: (242) 356-4515
E-mail: reporter@islandfmonline.com

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- THE TRIBUNE -

INTERNATIONAL NEWS

Parliamentary pensions list tabled by PM
FROM page one

least eight years, or two parliamentary terms — whichever is less. The individual must also be at
least 55 years old and have ceased to be a member of parliament. Former parliamentarians may also
receive pensions if they cease service as a result of infirmity. Gratuities are received by former par-
liamentarians if they select to receive a reduced pension.

Mr Ingraham tabled a list of gratuity and pension payments for four recently retired members — Pierre
Dupuch, Dr Marcus Bethel, Robert Sweeting, Tennyson Wells and Bradley Roberts.

Mr Ingraham said he listed the gratuity payments of these men as three of them “made much of what
(his) pension entitlement was.” - \

This is a list of the parliamentary payments for these four members:

Name Received in Treasury Date of Payment _ Gratuity Paid Pension © _‘ Total Paid
Pierre Dupuch 30 March '07 | 44 June ’07 $180,369.00 $6,195.07 $186,564.07
Marcus Bethel 27 April '07 | 8 August ’07 $50,422.50 $867.97 $51,290.47
Robert Sweeting 15 June '07 12 September '07 $37,983.75 $3,401.29 $41,385.04
Tennyson Wells 27 July ‘07 28 August 07 $182,449.13 $16,610.10 $199,059.23
Bradley Roberts 26 July 07 28 September '07 $176.050.09 $17,184.50 $193,234.59
Name Yearly Pension Salary Janet Bostwick $45,120.00
Lady Marguerite Pindling Norman Gay $45,120.00
(widow of Sir Lynden Pindling) $85,500.00 James Knowles $45,120.00
Frank Watson $49,921.00 Bradley Roberts $45,120.00
Clement Maynard $49,920.00 CA Smith $45,120.00
Darrell Rolle $48,729.60 Tennyson Wells $44,517.72
Paul Adderley $45,129.60 Pierre Dupuch $43,288.56
Philip Bethel $45,120.00 Maurice Moore $41,433.60

This is a list of the top 14 parliamentary pensions:
Edison Key is the only current MP on the list with a pension of $12,518.40. Deputy Governor-gen-
eral and Director Bahamas Information Services Sir Arthur Foulkes is also on the list, receiving a pen-

sion of $13,440 annually.

PM to attend

FROM page one

It is the largest container
transshipment facility in the
Western Hemisphere. It han-
dles one million TEUs per year.

While in Freeport, Mr Ingra-
ham will also attend the official
opening of the $15 million
Bahamian Brewery and Bever-
age Company at 6pm.

James Sands, president and

acquired 20 acres of land on
Queens Highway for the con-
struction of a 40,000 sq ft facili-
t

He said the brewery willbea |, | Hats, Dresses, Shoes, Bags and
first-class facility with state-of- Jewele ry

the-art equipment.
Special Boots Small Sizes $10.00

Mr Sands, who was granted a
licence from the Port in June
2006, said the brewery has been
a dream of his and the former
GBPA Chairman, the late
Edward St George.

The project will initially
employ 60 to 75 Grand Bahami-
ans. vay

Blue Hill Roa

i

MTG TP

7.

Celebrate The Holidays At Ihe Hilton

UPCOMING EVENTS

eta e ea Tem salts) s) =) 4
21 and 22 December at 6pm

Live Music by the Pool Bar
Wednesday, 26 December
Wednesday, 2 January from 2pm-5pm

Pam Woods
Live Jazz at Hilton Paim Court Lounge
Christmas Day from |2pm-4pm

New Years Eve from Sonm-lam

Bee teeta ie el tL La Clo
PLB Dosa MCh)

Buffet on 25 December
Re Meola etic 3140)
Christmas Buffet from |pm-Spmt ($45)
arias Oe OO) amass l oie OMe Le oar mh Samo
y 4 a

Theme Buffet Nights (starting at $30)

26 till 30 December from 6pm-!Opm

New Year’s Eve Dinner (375

RA Otay) sca a mel
amity lunch $28.50 St oe
amily lunch $28.50 Starting Dec 3r

For further information please contace
Food & Beverage Office 302-9007
Available Thursday to: Monday only
www. hiltoncartbbeart com nassau

British Colonial Hilton
Manne
“Teanvead! shunt! teatteo yoo iplincesesr”





THURSDAY, UEVUEWibER 13, 2007, PAGE 19

ai ok iit } gin \ yi «gi ayy Hh, nm,
A. %, eh , i \
ial og NU

wy
nh i eR)

The Bahamas has “approxi ately 15,000 hotel
rooms that must be furnished, decorated, and

gE

stocked with supplies. Meanwhile, 80 cents of

tourism is sent back
Let’s make m

Manu cturers: Y
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_PAGE 20, THURSDAY, DECEMBER 13, 2007
Shane Gibson defends
PLP’s actions in office



FROM page one

eign Affairs will in fact be
expanding its mission in Beijing.
Mr Symonette said that his Min-
istry will be appointing an
Ambassador to the post — an
accomplishment, he pointed out
with some enthusiasm, that Mr
Mitchell was unable to do during
his tenute in office.

Calling a press conference in
the Committee Room of the
Minority yesterday, Mr Mitchell,
now shadow minister of Foreign
Affairs, claimed that Mr Symon-
ette the current Minister of
Forcign Affairs — in hinting
towards the possible closing of
this recently established Embassy
has betrayed “yet again” a shock-
ing contlict of interest on his part.

In denying this statement, Mr
Symoncette also took issue with
the manner in which Mr Mitchell
chose to address the matter. He
pointed out that during his entire
contribution to the House of
Assembly on Tuesday night, Mr
Mitchell sat and did not raise one
objection. <

“1 find it interesting that Mr
Mitchell sat there and said
absolutely nothing, but rather
chose a press conference to attack
me personally,” the deputy Prime
Minister said.

Mr Symonette added that visas
also will be issued from China,
allowing for the easy travel of
business persons to promote trade
between the Bahamas and Chi-+
na.

“If that is contrary to promot-
ing business then I want to know
what is,” he quipped.

‘Yesterday Mr Mitchell main- °

tained that Mr Symonette had
“allicd” himself with a group of
persons who are essentially mer-
chants.

“Many of them have been con-
cerned about the fact that cheap-
er prices for goods and services,
people are able to obtain them,
including consumers, out of Chi-
na.

“I understand that there are
many business persons who go
there looking for roofing materi-
al, construction material, elec-
tronics, and, clothing. So clearly
tlic market is being undercut in
these areas and I’m saying that

Deputy PM

in terms in the economic inter-
ests of which he ts a part of, he
has to be careful that there is not
the appearance of a contlict
between what we are doing, in
China as a country and what his

economic interest might be,” Mr

Mitchell said.

Mr Mitchell continued, stating
that the PLP has warned the
Bahamian people for some time
that the FNM government is “rid-
dled” with such conflicts, and
“indeed this particular minister”.

“There must always be a clear-
ly marked line between one’s per-
sonal interest and your duty to
the public. Mr Symonette clearly
does not know where that line
is,” Mr Mitchell claimed.

At the last seating of the House
of Assembly, Mr Symonette men-
tioned that government will make
a “total review” of the operations
of the Bahamas’ Beijing office.
He said that the government will
undertake any necessary changes
and cited an operational audit
report that found the operations

~ of the Embassy to be “unaccept-

able.”

However, Mr Mitchell ques-
tioned the independence of this
report and requested that Mr
Symonette make the document
public.

“T would like him to say who
did the audit, and to explain
whether or not that audit was
done by a truly independent per-
son or persons. I want to confirm
whether or not the person or per-
sons who did the audit did not
have a personal animus or grudge
toward me as the Minister and
the PLP,” he said.

Mr Mitchell claimed that the
FNM administration under the
leadership of Prime Minister
Hubert Ingraham, and his deputy
Mr Symonette, have no vision for
foreign affairs.

“Mr Symonette’s statement is
an insult to those at the Ministry
of Foreign Affairs, including our
head of. Mission there Philip
Miller, who did so much work to
ensure that the policies of the
legitimately elected government
of the Bahamas were carried
out,” he said.

Final witness takes stand

FROM page one

Senior Justice Anita Allen ended Tuesday’s session declaring that a
warrant of arrest would be issued if Mr Miller again did not appear.
Based on his non-appearance yesterday, she began the process of

issuing the warrant.

However, the request by Mr Davis was subsequently rescinded,
after he discovered that Mr Miller had not been served with a subpoena
as he had earlier suggested. It was assumed that Mr Miller might still
appear based on communications between him and the PLP side,
however he did not. No action was taken against him by the court.

Assistant General Manager of BEC Peter Rutherford was therefore
the only witness to take the stand. He concluded testimony on behalf
of the corporation, which was begun earlier in the case by Kevin Bas-

den, the general manager.

Mr Rutherford testified about the number of accounts of several vot-
ers in question, and the length of time they had existed.

The case adjourned with the parties scheduled to present their final
written submissions to the court on Friday. Final oral arguments will
occur on Monday, after which, Senior Justice Allen.and Justice Jon

{saacs will deliberate.

Allyson Maynard-Gibson is challenging the votes of 159 people she
asserts were not entitled to vote in the Pinewood constituency in the
May 2 general clection, as they were not ordinary residents of the
constituency. Byran Woodside initially challenged 41 voters, however,
Mr Barnett did not present evidence against 11 of these individuals dur-

ing his case.

Once the deliberation. begins, the court will have to determine if suf-
ficient evidence exists to exclude the votes of more than 64 voters —
which is the-margin by which Mrs Maynard-Gibson lost. If such a
determination is made, those votes would be removed and a recount
would occur to determine the winner of the seat.

FROM page one

an system in January 2008. °

Several members of the Oppo-
sition had criticised Mr Ingraham
for deciding to send the two senior
officers abroad while the country is
experiencing record crime levels.

Counteying these remarks, Mr
Jugraham told the House that in
light of the fact that it will be his
“good fortune” to appoint the next
commissioner of police and the
next deputy commissioner of
police, he wants to “make
absolutely sure that I have the best
trained, the best exposed, persons
available for consideration.”

He added: “One of the things
that attracts me to the Canadian
Royal Mounted police force is this:
‘They are able to deal with allega-
tions made against public officials
that are out there, whether those
public officials are ministers, for-
mer prime ministers, or senior pub-
lic officials. In fact in some respects
it could be argued that they are a
little over aggressive when com-
pared to other forces.”

Meanwhile, Mr Ingraham said
that “one of the things (he) finds”
with police in the Bahamas “is a
reluctance on their part to do their
job sometimes.”

“When there was an allegation
made against the former minister
of works about rape, the police
were very reticent, very reluctant,
and if came across as that and that
shouldn't be,” he said.

Mr Ingraham also suggested that
the RBPF are “too deferential” to
the office of the attorney general.
“When the law is passed saying
that this is an offence and some-
body is alleged to have committed
the offence, we've given the power
to the police to arrest and charged
if the evidence exists,

“Jf the attorney general doesn’t
like itshe can go to court and issue
what we call a noli prosequi and
say that there'll be no prosecution,

yey can do that, so (Ido not like)
the question of any other kind of

PM on police

influence...coming to a policeman’s
head,” he said.

Mr Ingraham said that he hopes
that Mr Greenslade and Mr
Dames’ experience in Canada will
“positively impact on the police
force when they return to the
Bahamas.”

In response to the suggestion
that the two men are being irre-
sponsibly drawn away from theif
crime fighting duties, Mr Ingra-
ham noted that when his adminis-
tration came to office in May, Mr
Dames was assigned to airport
security. “Had there been any
criminal activity, first of all, one of
them when we came to office...was
at the airport walking up and
down.” He said that such an assign-
ment was a “waste of a senior offi-
cer.”

He further pointed that prior to
the election the now-acting com-
missioner of police, Reginald Fer-
guson, who had “fought crime all
his days” had been “dispatched to
the police college to do his job as
superintendents do.”

Mr Christie stood to defend his
decision to have Mr Dames put in
charge of airport security. “I am
astounded that the prime minister
continues to say that he was sent
out there and the implication being
by the political directorate, without
an office, without a car and without
responsibility for crime.”

He said that he “identified (Mr
Dames) as being vested with an
incredible degree of responsibility”
and claimed that he was put in
charge of.airport security because
he was “someone who was respcct-
ed and admired by the American
authorilics.” These authoritics, he
claimed, had for a long time known
“more about what was happening
with respect to the individuals out
there (at the airport) than the
Bahamian police” and this was
something which he implied he
had the intention of addressing.



FROM page one

Tribune on Wednesday, he said that there
was contingency funding allocated by the
former administration for small home repairs
in spite of government claims to the con-
(rary.

The member of Parliament for Golden
Gates also denied that the Bahamas Mort-
gage Corporation was in dire financial straits
while accusing the FNM of simply making
excuses to avoid being proactive about the
controversial housing issue.

“The contingency funding was put in place

for this exact purpose because you know at
the end of the day, when you look at the
large volume of houses (the PLP built) there
are bound to be repairs (needed). If you look
at the breakdown for the Mortgage Corpo-
ration you will see that we put contingency
funding for unforeseeable repairs or expens-
es.”
He could not specify the amount of con-
tingency funding he claimed the former
administration left in place for these repairs
because as member of the opposition he did
not have the relevant documents to support
this claim.

However Minister of Housing Kenneth
Russell told The Tribune yesterday that there
was “some funding” left by the former admin-
istration for home repairs but it was dedi-
cated for the Urban Renewal Small Home
Repair Programme.

This was to provide repairs to the homes of

(Minimum One

'

elderly or disadvantaged persons who had
no financial recourse to upgrade homes which
had deteriorated badly, but not for the array
of repairs needed to be done to government
built homes, Minister Russell said.

The Minister then noted that the FNM
had provided some $1.5 million for these
expenses.

Mr Gibson continucd to defend his actions
as a former minister contending that in the
home construction industry repairs are an
unavoidable circumstance.

“When you are building 1300 homes it is
impossible to build a perfect house without
any repairs needed at all, impossible. When I
became minister responsible for housing (in
2002) there were so many houses in Millen-
nium Gardens that had to be repaired and we
couldn’t find sufficient contractors to do it so
we had to actually have (home buyers), bring
in quotes and we gave them cheques to find
their own contractors.

“Tn one case for instance, we had to give (a
homeowner) $28,000 to repair his house
because the house started to crack and the
walls were separating.”

He noted that he oversaw a number of





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hdl LOY LVN NON NL).

THE TRIBUNE



repairs to homes in Flamingo Gardens, Pine-
forest Estates in Eight Mile Rock, and West
End.

Mr Gibson was responding to assertions
made in Monday’s session of the House of
Assembly by Parliamentary Secretary Bren-
sil Rolle. Mr Rolle argued that many of the

‘homes built under the PLP’s watch needed
'“urgent repairs”, however there was no
, approved contingency funded left in place
: for this purpose.
' He also said that the Mortgage Corpora-
‘tion was “virtually broke” and that “hun-
dreds” of small contractors had not been
\paid since October 2006.
! However, the former minister disputed
these claims saying the corporation was able
,to meet many of its financial needs and there-
,fore was not “broke.”
, “If you say (a corporation) is broke that
‘means that they cannot meet any of their
‘obligations. But (the Mortgage Corporation)
is meeting their obligations in the sinking
fund and they are meeting their obligations in
paying staff salaries. ;
| “What they cannot do is meet their oblig-
ations to complete houses.”

ie

t
j
¢

Bin icalesn Acts At

,





a







THURSDAY, DECEMBER 13, 2007, PAGE 21

THE TRIBUNE

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PAGE 22, THURSDAY, DECEMBER 13, 2007

THE TRIBUNE



INTERNATIONAL NEWS

Tropical Storm Olga blamed for deaths

in Puerto Rico, Dominican Republic

@ SANTO DOMINGO,
Dominican Republic



TROPICAL Storm Olga
soaked portions of the
Caribbean on Wednesday,

triggering floods and land- °

slides that killed at least
four people in the Domini-
can Republic and in Puerto
Rico, according to Associ-
ated Press.

Dominican Attorney
General Radhames
Jimenez said three people
died in Santiago, north of
the capital. TV images
showed flooded neighbor-
hoods and woman clinging
to a treetop. Other people
awaited help on rooftops.

“It is an emergency situ-
ation — a catastrophe,”
said Gov. Jose Izquierdo of

Santiago province.

Avalanche

In Puerto Rico, the rains
triggered an avalanche of
mud and rocks that plowed
onto a road early Wednes-
day, burying an SUV.
Pablo Luis Alvarado Gas-
cot, a 23-year-old passen-
ger, was killed in the slide
in mountains southwest of
the U.S. territory’s capital,
police said. Rescuers took
the injured driver to a hos-
pital. The road was closed
for fear of more landslides.

The rare December
cyclone had maximum sus-
tained winds of 50 mph,
and forecasters warned it
could trigger dangerous
floods by dumping as much
as 10 inches of rain on His-
paniola, the island shared
by Haiti and the Domini-
can Republic.

Olga struck nearly two
weeks after the official end
of the Atlantic hurricane
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Authorities evacuated 22
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“Every civil defense
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In neighboring Haiti, the

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THE TRIBUNE

THURSDAY, DECEMBER 13, 2007, PAGE 23



INTERNATIONAL NEWS





RESCUERS WORK at the site of a

bomb blast in Algiers, Tuesday, Dec. 11, 2007. Car bomb attacks targeting

United Nations offices and a government council killed at least 45 people and injured dozens of others in
Algeria’s capital on Tuesday, authorities said. At least 12 U.N. staff members were missing. Car bombs that
targeted U.N. and government buildings in Algeria struck on Dec. 11, a date with heavy significance in the

North African nation.

UN among twin
targets of Algeria
terror attack that

kills at least 31

@ ALGIERS, Algeria

EMERGENCY workers
searched for bodies and sur-
vivors Wednesday after twin
truck bombings by an affiliate of
al-Qaida targeted U.N. offices
and a government building in
Algiers, killing at least 31 peo-
ple, according to Associated
Press.

Some estimates of the final
Jvath toll from Tuesday’s
attacks climbed well above the
Interior Ministry’s figure of 31,
with a hospital official saying at
least 60 were killed and Algeri-
a’s independent daily El Watan
saying up to 72 died and 200
were wounded.

With at least 11 United
Nations workers among the
dead, the attack was the worst
against staff of the world body
since an August 2003 bombing
at U.N. headquarters in Bagh-

‘dad killed 22.

“Words cannot express my

sense of shock, outrage and |

anger at the terrorist attack on
the United Nation in Algiers
yesterday,” U.N. Secretary-
General Ban Ki-moon said
from a climate conference in
Bali, Indonesia. “This was an
abject and cowardly strike
against civilian officials serving
humanity’s highest ideals under
the U.N. banner. It was base,
indecent and unjustifiable by
any standards.” a

Emergency workers spent the
night digging through gutted
buildings in a search for victims,
and cranes hoisted large chunks
of debris.

Five. or six people remained
trapped under the rubble
Wednesday, according to the
Civil Protection agency, the offi-
cial APS news agency said.
Scores of people were wounded
but the foreign minister said 26
remained hospitalized Wednes-
day.

Families of the missing stood
outside police cordons sur-
rounding the sites of the bomb-
ings, waiting for news of their
relatives.

Dozens of people lined up
outside a major hospital to give
blood for the wounded.

The Interior Ministry said 31
people died, and the Foreign
Minister Mourad Medelci said
five were foreigners.

The targeting of United
Nations offices was a new devel-
opment in Algeria’s 15-year bat-
tle against Islamic insurgents,
who previously focused their
hate on symbols of Algeria’s
military-backed government
and civilians.

Ban called for an immediate
review of U.N. security precau-
tions and policies in Algeria and
elsewhere. .

U.N. officials in Geneva said
it was the worst single attack
on U.N. staff and facilities since
August 2003, when the global
body’s headquarters in Bagh-
dad were hit by a truck laden
with explosives. Among the 22
dead in that attack was top U.N.
envoy Sergio Vieira de Mello,
and it was blamed on a group

that later affiliated with al-Qai-
da.

The U.N. offices are in the
upscale Hydra neighborhood of
Algiers, which houses many for-
eign embassies and has a sub-
stantial foreign population.

The U.S. Embassy said it was
“implementing more robust
security procedures while we
assess the current security situ-
ation,” according to a statement
on its Web site. The Embassy
was open Wednesday.

“Algerians are completely
united against terrorism,”
Medelci said, insisting that the
attacks did not portend “civil
war.”

Asked about the possibility
of attacks elsewhere in North
Africa, he said: “It’s everyone
who is targeted, sooner or lat-
er.”

The French Embassy urged
“great vigilance” and said that
though violence had largely
died down in recent years,
“recent attacks show that it is
time for a return to the most

.extreme prudence.”

“The renewed threat by al-
Qaida against French interests

in North Africa cannot be

ignored,” the embassy said on
its Web site.

Al-Qaida has called for
attacks on French and Spanish
interests in North Africa.
French President Nicolas
Sarkozy visited Algeria last
week.

Al-Qaida’s self-styled North
African branch, in a posting on
a militant Web site, said two
suicide bombers attacked the
buildings Tuesday with trucks
carrying 1,760 pounds of explo-
sives each.

It described the U.N. offices
as “the headquarters of the
international infidels’ den.” The
other target, Algeria’s Consti-
tutional Council, rules on the
constitutionality of laws and
oversees elections.

Algerian Interior Minister
Noureddine Yazid Zerhouni
said the government was “cer-
tain” that al-Qaida’s North
Africa affiliate — formerly
known as the Salafist Group for
Call and Combat, or GSPC —
“was behind the attack.”

Militants arrested after pre-
vious bombings in April had

_identified the U.N. offices and

the council building as future
targets, Zerhouni said, accord-
ing to the official APS news
agency.

At least 11 U.N. employees
were believed to be among the
dead, U.N. deputy spokes-
woman Marie Okabe said in
New York on Tuesday night.

“There are still a number of
people unaccounted for, a num-
ber of people trapped under the
rubble,” Okabe said. About 175
U.N. employees worked in
Algeria.

Al-Qaida in Islamic North
Africa is thought to have only
several hundred fighters but has
resisted Algerian security
sweeps. Its members have
rejected amnesty offers and
have turned their sights from

toppling the government to
waging holy war and fighting
Western interests.

Algeria has been battling
Islamic insurgents since the ear-
ly 1990s, when the army can-
celed the second round of the
country’s first multiparty elec-
tions, stepping in to prevent
likely victory by an Islamic fun-
damentalist party.

Islamist armed groups then
turned to force to overthrow
the government, with up to
200,000 people killed in the
ensuing violence.



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PAGE 24, THURSDAY, DECEMBER 13, 2007

INTERNATIONAL NEWS

THE TRIBUNE



Israeli-Palestinian peace talks get off
to rocky start after seven year freeze

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tinians got off to a rocky start
Wednesday, with the Pales-
tinians ‘criticizing Israel for a
construction project planned
in disputed east Jerusalem, and

Israel complaining about con-
tinued rocket fire from the

Gaza Strip, accerding to Asso-.

ciated Press.
The Palestinians have said



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the planned construction in the
Har Homa neighborhood,
along with Israeli military
activity in the Gaza Strip, have
threatened to undermine the
new peace talks.

The Palestinian delegation
“introduced the issue of Har
Homa and expressed our out-

rage,” said negotiator Saeb ™

Erekat.

“We are coming to negotiate
over Jerusalem and borders,
and the dictation and facts on
the ground continue,” he
added. “If you want to restore
the credibility of the peace
process, the Israeli govern-
ment must revoke this order.”
He said there were no imme-
diate plans to meet again.

Wednesday’s meeting was
the first formal negotiating ses-
sion since Israeli Prime Minis-
ter Ehud Olmert and Pales-
tinian President Mahmoud,
Abbas relaunched the effort
at last month’s Mideast con-
ference in Annapolis, Md. The
last peace talks broke down in
violence in January 2001. _

At the gathering, the two
leaders set an ambitious tar-
get of December 2008 for con-
cluding a peace agreement that
would end six decades of con-
flict.

The troubles at Wednes-
day’s meeting, which lasted
only 90 minutes at a Jerusalem
hotel, showed just how far the
sides have to go.

Initially scheduled to kick
off with a ceremonial launch at
the ornate King David hotel,
the talks were held secretly at
another hotel in the city.
Negotiators sped away from
the meeting without com-
menting to reporters who dis-
covered the site of the talks
after they had begun.

Conflicting claims to
Jerusalem are just one of the
thorny issues to be resolved in
the coming year.

The Palestinians seek east

Jerusalem,.which Israel cap-
‘tured in the 1967 Mideast War,
as the capital of a future inde-
pendent state.

Israel considers all of the city
its capital, though Olmert has
signaled he would be willing
to relinquish outlying Arab
neighborhoods.

Other core issues negotia-
tors must tackle include the
final borders of a Palestinian
state, the future of Jewish set-
tlements in the West Bank and
the fate of millions of Pales-
tinian refugees whose families

lost properties during Israel’s~

1948 War of Independence.
The Hamas militant group’s

violent seizure of the Gaza

Strip in June has further com-

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PALESTINIAN POLICE officers loyal to President Mahmoud Abbas
patrol in a street in the West Bank city of Jenin, Wednesday, Dec. 12,
2007. The first formal Israeli-Palestinian peace talks in seven years got
off to a rocky start Wednesday, with the Palestinians lambasting Israel
for a new construction project planned in disputed east Jerusalem, a
Palestinian official said.

plicated matters. Abbas’ lack
of control over Gaza has
raised questions about his abil-
ity to carry out any futur
peace deal.

Discussing Wednesday’s
talks, an Israeli official con-
firmed the Palestinians com-
plained about Har Homa, Jew-
ish settlement construction in
the West Bank and Israeli mil-
itary activity in Gaza.

The official, speaking on
condition of anonymity
because he was not authorized
to discuss the meeting with the
media, cited a “tense atmos-
phere” and said Israel com-
plained about ongoing Pales-
tinian rocket fire from the
Hamas-controlled Gaza Strip.

Early Wednesday, Palestin-

an militants fired 20 home-.

made rockets toward Israel,
causing minor damage and
lightly wounding one woman,
Israeli officials said.

The barrage came hours
after Israeli forces ended a
broad incursion into the
coastal strip that killed six mil-
itants and left a wide swath of
damage in its wake.

Israel is pursuing peace with
Abbas’ moderate government
in the West Bank. At the same
time, it continues to battle the
Hamas militant group, which
has ruled Gaza since defeat-
ing Abbas’ forces in June.

Israel regularly carries out
brief ground incursions and
airstrikes in Gaza in a bid to
stop Palestinian rocket and
mortar attacks on southern
Israeli towns.

In southern Israel, the may-
or of the small town that has
borne the brunt of the rocket
attacks announced his resig-
nation, saying the situation is
“impossible.” Eli Moyal said
he hoped his resignation will
spur authorities into action
against Hamas.

The Islamic Jihad militant
group said it fired nine of the
rockets to avenge Israel's
incursion. “The resistance is

‘push

going to escalate the opera-
tions targeting the Zionist
colonies in the coming hours,”
said Abu Ahmad, a
spokesman for the group.

Later Wednesday, an Islam-
ic Jihad militant was killed
while firing a mortar in cen-
tral Gaza.

The group said the man was
killed by Israeli fire, but the
Israeli army said it was not in
the vicinity.

Tuesday’s operation, in
which tanks and bulldozers
pushed 2 1/2 miles into south-
ern Gaza, was the broadest
since the Hamas
takeover. Early Wednesday,
the troops had withdrawn to
a buffer zone along the Israeli
border.

_. The Israeli forces left behind ___

heavy damage to al-Fukhari.
a farming community near the
southern town of Khan You-
nis.

About 75 acres of olive trees
and orange groves were
uprooted, greenhouses and the
outer walls of homes were
damaged, and homes were left
without power, said Ouda
Alomar, mayor of the com-
munity.

Repair crews were trying to
restore electricity and reopen
roads that were closed with
dirt mounds put up by the
troops, he said.

Olmert convened his secu-
rity Cabinet, a group of top
political and defense officials,
to discuss the Gaza situation.
Officials decided to continue
the police of brief incursions
into Gaza, but decided against
launching a broad invasion of
the area, : :

One Cabinet member,
speaking on condition of
anonymity because he was not
authorized to talk to the
media, said officials are con-
cerned that a broad invasion
would cause heavy casualties
to Israeli troops and
damage the prospects for
peace talks.

Last seen in Carmichael Rd. Area

Reward is being offered
NO Questions Asked.
Tel: 361-5838 or





THE TRIBUNE THURSDAY, DECEMBER 13, 2007, PAGE 25

THURSDAY EVENING DECEMBER 13, 2007

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GOLF ve) {Cun Cun Tain Oaks, Cal_ Enjoy Great Food, Prizes and Lots of Fun,



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PAGE 26, THURSDAY, DECEMBER 13, 2007 THE TRIBUNE
COMICS PAGE








Tribune Comics.



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*L00KS LIKE ITS TIME FOR US TO START BEING
_ GOOD FOR CHRISTMAS.”



WELL, VEAH, BUT
THERE'S MORE...
4 en




Solution to an Even-Money Guess.
















South dealer. ‘i Abe the eras a ae
- ilnerable. was to rely on a club finesse, hoping
Ree NORTH East had the king. If South had THURSDAY,
@AQ7 adopted this line of play, though, the DEC13.
V854 finesse would have lost andhe would } -
2 have gone down one. :
+0 oF 3 But South spotted an alternative | ARIES — March 21/April 20
WEST EAST line of play that had at least as good | Remember that you are ae ele
#K 10432 39865 a chance of succeeding as relying on } YOUF i oon in li ae ae
¥Q96 v— the club finesse. So he drew a second poe others tell you what to do
3 round of s and then cashed the ; .
aN as eer A-Q of fag TAURUS — April 21/May 21
SOUTH West could have ruffed the last } Usually, you prefer to play it safe,
«MOTHER AND I ae diamond, but, not anxious to be on but this week you may be eee
WHEN IT HAVE TOTALLY ¥AKI10732 lead, he discarded a spade. South |} 'p.gambic on something. Be careful,
OHOR DIFFERENT TASTES @KI9 now had to make a crucial decision, {â„¢ g
"DECOR #A75 since he was in dummy for what [| With what you own and eam.
The bidding: appeared to be the last time. The | GEMINI — May 22/June 21 ©
South West North East question was whether to throw West: | You'll feel a burst of energy this
1% Pass 2NT Pass into the lead and force him to return [|| week, Gemini. The good times have
oS fe 6¥ a spade or a club, or whether to cash returned for you. Live it up —
ye ae ae ; : coenon iscard a club and _ | you’ve worked hard in recent weeks,
ce - . ; Wher ay detlerer you's ed fae nae ete and deserve the chance to celebrate.

i pears to be an even- Declarer decided that the reason | Getaway for the weekend if you can.
See pen you can sometimes West had not ruffed the diamond was | CANCER - June 22/July 22
improve the odds by analyzing the __ that he did not feel he was m position } You want to succeed in the world at
way an opponent has lector to to make a safe return. ; large, Cancer, and at long last, the
defend. The location of the king of spades chance to prove yourself has

Take this case where South was in _was superficially a 50-50 proposi- arrived. Make the most of it — stop
six hearts and West Jed a diamond. _ tion, but West’s reluctance to take the | dreaming and start doing.

Had West led anything else, declarer _lead indicated he very likely had that | LEO — July 23/August 23



"© ese ay Mere: Aanerica Byncicete, nc. Word rights reserved.














- e \ \ would have made the slam easily. card. So South thrust West into the | Power struggles of one sort oF
a nett paths Pace Me Rie Moe ae Even with the diamond lead, the _lead with a trump. another may highlight your week,
(TIRED of Wore ce NV , EVERNTHING YoU SNIP contract seemed certain, but when Against this play, West could do | Leo, but things will get better by the
BEING AGILE. TAKING SN ; declarer won with the king and no . A club return would auto- | weekend. In the meantime, try to
FoR RICHT- GROWN WE played the ace of hearts, East showed matically give South 12 tricks, while | work with people, not against them.
WING EXTREM Bit ts AIR AMERICA NEWS beeen out and presented South with a deli- a spade return would allow dummy’s | VIKGU — Aug 24/Sept 22
yee | ‘NiEDAMORK: AUWANS GRID cate problem as to how to continue. © queen to win to produce the same } You won’t be able to please every-



The obviors way of trying to _ result. one this week, Virgo, so you’re
going to have to make a choice.
Then, you have to stick to your guns.

TARGET Splint eat nine ayo

ra certainly have a lot of it this week,
‘Libra. However, be careful not to let

’



a : . : 7 | The there must be at least one this translate into risky behavior.
: _— nine-letter word. No plurals. Even you are not invincible. +
words Ia TODAY'S TARGET SCORPIO — Oct 24/Nov 22
‘ — : zi the maia Good 16 very good 24; excellent - | Something that has worried you for
P body of 32 (or more). some time will no longer matter this
— ‘ ; week. The problem itself may not
Coat Solution tomorrow. change, but your attitude toward it
N|E|M Dictionary will. This, as you will see, makes all
(1989 YESTERDAY'S SOLUTION the difference.
edition) aiaiecnoul 6 SAGITTARIUS — Nov 23/Dec 21
HOW many words of four adsor ‘am 1} Are you someone who brings peo-
itersor morecanyoumks | Boat oatd pond toot oor” | oi ogether or pushes them spa
Done eachiertes brand brawn broad brood If you’re lucky, it’s the former, but
ae Gace Only. Rach a ae brow brown drab snob if not, now is the time to make a
“contain the centre letter and» SNOWBOARD sorb swab ‘| positive change.
CAPRICORN - Dec 22/Jan 20



You’ll accomplish more if you
don’t try to fit everything into a
rigid timetable this week. A little
chaos may be a good thing and
inspire you to be more creative.

AQUARIUS -— Jan 21/Feb 18




Way

word
| laser

A device that
uses vibrations of
atoms to create
a beam of light.

ACROSS DOWN




3 3 = Maye a picture book (5)

8 — Prays for something that might feel
like rain (5) :

10 It's in our blood (5)

11 Asrotten ingrate? (3)

12 Big and brilliant (5)

13 Thought to be like

=
=

1 It’s time an unruly
pair got left (5)
2. Gets old in a nice way (7)
4 — Fat lad, outside-right (4)
"5 Superior fur is obviously
not bad (6)
6 — Underground railway just finished

been a better time to begin your life
anew. Think only of the future.

PISCES -— Feb 19/March 20
.Someone out there may make life
tough for you this week, but you'll

Ive as good as you get. By
ursday, things will settle down,








walnut veneer? (7) . ; and you can get back to your old self.
; vo in Rome, possibly (5) ti } :
15 Bigheaded despicable persons,
these kids? (5) 7 Start queuing for some potatoes, om
‘a one’s ration (5)
18 = Wet or dry, it’s unwanted (3) .
19 Comprehensive reason to make all Are you angry 7 losing yours? (3) ew : CHESS by Leonard Barden
go staggering round the Boar's 12 Recover or obtain properly (7)
Head (6) 14 Start working up a racket (3) ee
21 Green drink? Red or white, 16 Hate needing half an hour yet to . || Alexander Morozevich v Sergey
rather (3,4) make harbour (5) Movsesian, Sarajevo 2007,
22 Light to raise; when told (4) 17 Smooth shiny keels, perhaps (5) ae Mororevich, who found an inspired
23 Dramatic part of New Orleans (4) 19 Ground one’s teeth at what possibly winning tactic in yesterday's puzzle,
24 Stapler used as an aid hangs over the Editor (7) is on the receiving end today, =~ #
to dressing (7} 20 Anold coin in strange argot (5) : : odinrione er. ed ;
26 Unprincigled morning test (6 21 Possibly paired New York with part S DOWN move) has a powerful a on
Ce ' ee f London (5 Veracity (5 1 Conductor's stick (5) open g tine, with queen, rook and 6
29 Derby, perhaps (3) et tendon (3) 8 .. Fundamental (5) 2 Using numbers (7 knight all besieging White's
3 Of a sound quality not managed by 23 Royal train? (7) . Helicg ter blade (5) : range undefended king. A knight check —*
a novice (5) a Jastes what a friend had to eat (6) Lu 12 Military student (5) 6 Boarding house (5) seems indicated, and indeed there 4
32 Ruling systems upsetting to mere 245 The label of a secret agent (3) _i i. cy z ; Erne is probably more than one route to
Gls (7) 27 Great man absurdly glum about N ‘4g HL si tal (3 . victory here. However, some of the 3
34 Singular thing to shoot in a nothing (5) SS 19 Fascination 12 Burnt sugar (/) choices leadtoalongbattleof
canoe! (5) 28 What's better is hard to find (5) a 21 Equilibrium (7) Emel oe 8) queen against rook and bishop
35 None can match her (3) 30 Finish up in outer Wembley with a >- ieee 17 Feeble (5 where White has chances to
36 Anote to leave out for a hit of woman (5) wo 2B beuse (4) a ° ine "1. establish a defensive fortress.
7 : ; 4 Relegated (7 ppende ‘
peace (5) 32 City of madrigals (4) <— 26 Tooth covering (6) 21 Trite (5) se ol the ee Pa S
37 Rosy? Very much so! (5) 33 It’s in evidence after rain in | (Ll 29 Entourage (7) chose the most precis :
38 Two fine boys (5) Section {3 24 Lust (6) force resignation. What was Black's
a Bplimuat43) . a a f ° 25 Gratuity (3 winner? LEONARD BARDEN
34° Scope (5 27 Of birt! & :
35 Negative (3) 28 Fruit (5)
Ba hs pee eee am PS 36 Large house (5) 30 Change (5
37 Stifled {5) 32 Mature (4
CRYPTIC SOLUTIONS EASY SOLUTIONS 38 At no time (5) 3 a2
MW ~- ACROSS: 9, T-her-eupon 10, On the nos-e 12, Re(pairjed 13, | ACROSS: 9, Alligator 10, Elaborate 12, Luck 13, Gaelic 14,
Screen 14, |-m-a-gin-e 15, Love-birds 17, Or-caniser 18, Settles | Trainer 15, Seemingly 17, Increases 18, Essence 19,
19, Coffer 20, Dash 23, Prow-a-yate 25, Con-tender 26, Go-sh Bangle 20, Hi-fi, 23, Waistcoat 25, Tarpaulin 26, Dull 27,
27, Si(I)ated (rev) 29, Ina word 32, light-ened 34, My-steries Sticky 29, Glasses 32, Signalman 34, Thesaurus 35, * . 213R f3+ 4
45, Retrial 36, N-ormal 37, Etna (rev) 38, Expresses 39, Un-| Reasons 36, Runway 37, Stye 38, Athletics 39, Elections. Se oa Khi Nxh2! 3 Rxh2 Qx
checked DOWN: 1, Carlisle 2, Glockenspiel 3, Strangle 4, Brolly 5, ‘ :

DOWN: 1, Star-tles 2, Reservations 3, Epicures 4, Ang-Es 5, | Reaction 6, Particular 7, Forages 8, Depression 11, Aunts :
Going off 6, String bean 7, R-em-ain’s 8, Re-searcher 11, Om-- | 46 Ignite 19, Bet 21, Illustration 22, Banana 23, . "
ts 16, B-all-ad 19, Cue (queue) 21, And no mistake 22, D-eb-ate Widespread 24, Optimistic 25, Toy 28, Contrast 29,

23, Page-turner 24, At long last 25, C-O-D 28, Ti-dines-s 29, 31, Bayonet 33. Graph 34 ‘ Jn
Instance 30, Dis-bands 31, Strikes 33, Get-up 34, Mark up | -efenades 30, Suspense 31, Bayonet 33, Graph 34





The trials and tribulations of recent
weeks have passed. There has never






THE TRIBUNE





The Tribune

Nassau and Bahama Islands’ Leading Newspaper |



, ers 2SenyS

Yo



Please drop of Cheques to The Tribune or mail to:



wrote! WEkenEs prea —



The Santa Claus Christmas Committee,
P.O. Box N-3207,
Nassau, Bahamas




Deere WAS eNO AP



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PAGE 28, THURSDAY, DECEMBER 13, 2007 THE TRIBUNE

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“Butler & Sands ! 7 ( pee

Company Limited ~

Promotion Available: Dec. 13th - 20th, 2007

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Abaco: Queen Elizabeth Drive, Marsh Harbour
Eleuthera & Harbour Island: Governor's Harbour, Jeans Bay, pavelde Liquor
Store Harbour Island
Exuma: John Marshall
Bimini: Butler & Sands





THE TRIBUNE . THURSDAY, DECEMBER 13, 2007, PAGE 29



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@ Look for other in-store specials Your Christmas Savings are at City Market as well as Lights, Wra’

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‘s. at’ ae , eh > iS Aa 13 i .
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IBUNE at aos _-vu/, PAGE 31















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PAGE 32, THURSDAY, DECEMBER 13, 2007 THE TRIBUNE

y

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THE TRIBUNE

INTERNATIONAL NEWS

THURSDAY, DECEMBER 13, 2007, PAGE 23



Venezuela
hewspaper
blames govt
for lack of
Glollars to buy
hewsprint

@ CARACAS, Venezuela

A NEWSPAPER criti-
cal of President Hugo

. Chavez’s government said

Tuesday it is being forced
to stop printing because
officials have failed to
give it access to U.S. dol-
lars it needs to import
newsprint, according to
Associated Press.

Publisher and editor
David Natera said the
government has a clear
political motivation for
not cooperating with his
regional daily, Correo del
Caroni, which has long
taken a critical stance.

An official at Venezue-
la’s information ministry
said no response was
immediately available.
Chavez’s government has
consistently denied violat-
ing press freedoms, noting
that most news outlets
remain in private hands
and many newspapers and
broadcasters take an anti-
Chavez line.

Correo del Caroni,
based in the eastern city
of Puerto Ordaz, said its
print edition will not be
published starting
Wednesday because of the
lack of newsprint. 'It will
continue to post news on
its Web site.

“I hope this regime
Tespects the rights we
have to foreign currency

.. and doesn’t use the
currency controls against

freedom of éxpression,”

Natera said.

Chavez’s government
imposed currency
exchange controls in 2003,
Tequiring Venezuelans
and companies to request
state authorization to
trade local currency for
dollars at the official rate,
which holds the Venezue-
lan bolivar steady at 2,150
bolivars to the dollar —
about one-third of the
black-market rate.

The head of the govern-
ment commission that
handles requests for dol-
lars acknowledged on

‘Tuesday that there had

been delays in processing
applications in the past’
week. Manuel Barroso
blamed computer prob-
lems, saying they have
been solved. He did not
address the newspaper’s
situation.

Natera, who is also a
leader among Venezuelan
newspaper publishers, has
repeatedly accused the
government of trying to
push aside critical news
media.

He said the government
does not accept hard-
nosed journalism —
“without concessions or
negotiations” — as prac-
ticed by his newspaper.

Natera said he believes
the government is getting
back at him for reports he
has prepared for the Inter
American Press Associa-
tion warning of threats to

-press freedom.

The Paris-based press
freedom group Reporters
Without Borders
expressed concern, calling
on Barroso to “do what is
necessary to get things
moving and to allow the
Correo del Caroni to
resume publishing.”

“We hope that exchange
controls, like the alloca-
tion of state advertising,
has not been turned into a
way of penalizing publica-
tions for their editorial
policies,” the group said
in a statement.

Natera said three other
regional newspapers are
facing a similar shortage
of newsprint and have
only a few weeks’ worth
in stock because they
have been unable to
obtain dollars through
the government to buy
more.

Mother of captive Colombian —
says hostage breakthrough more




Natacha Pisarenko/AP

> ay
COLOMBIA’S PRESIDENT Alvaro Uribe leaves the government house in
Buenos Aires, Tuesday, Dec. 11, 2007.










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Argentina

THE mother of a former
presidential candidate held
captive by Colombia’s leftist
guerrillas said Tuesday she
expects any breakthrough in
negotiating the hostages’
release to come from the
rebels, not the country’s presi-
dent, according to Associated
Press.

Yolanda Pulecio, whose
daughter Ingrid Betancourt
appeared gaunt and weary in a
recently released video, said
she met with several regional
leaders on the sidelines of
Argentina’s presidential inau-
guration Monday.

She said they had agreed to
press Colombian President
Alvaro Uribe to seek a human-
itarian exchange with the Rev-
olutionary Armed Forces of
Colombia, better known as the
FARC. The rebels are seeking
to swap high-profile hostages
for jailed guerrillas.

“Frankly I expect little of
(Uribe),” Pulecio said. “I
expect a lot more of the FARC
in this moment. ... The guer-
rillas have to realize that this is
a historic moment. They must
seize this historic moment and
show they have more humani-
ty than others do.”

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Leaders of Chile, Brazil,
Uruguay and France have also
pressed for a deal to win the
release of at least 46 promi-
nent rebel-held hostages
including the French-Colom-
bian Betancourt and U.S.
defense contractors Thomas
Howes, Marc Gonsalves and
Keith Stansell, who were
captured when their surveil-
lance plane was downed in
2003.

After meeting Tuesday with
Argentina’s new president,
Cristina Fernandez, Pulecio
counted her among those who
agreed to join the internation-
al push.

Chance

Pulecio reiterated that she
believes leftist Venezuelan
President Hugo Chavez has the
best chance of successfully
negotiating with the FARC,
which respects him as an ideo-
logical ally.

She criticized Uribe for
abruptly ending Chavez’s role
as a mediator last month, say-
ing the Venezuelan leader’s
efforts had prompted the

rebels to produce evidence that _

the hostages are still alive —
including the video of Betan-
court, who has been in FARC
captivity since 2002.

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likely from rebels than president

Uribe says he made the duc -
sion after Chavez spoke dire ct.
ly with Colombia’s army c! vie 7
against his wishes.

On Tuesday Uribe bepenned

his offer to allow the first face-
to-face meeting between 01%:

cials of his government aad die

rebels, monitored by internz-
tional and Roman Catholic
observers. He said there would
be no police and no troaps in
the 95-square-mile meeting
zone and again insisted that

mediators arrive unarmed, |
After being removed fam:

the process, Chavez accused
Uribe of betraying him and
froze Venezuela’s once-cordial
relations with Colombia. O1
Monday he signaled that he’s
intent on keeping up the dipto-
matic spat despite the harm i

will cause to the South Amet-:
ican neighbors’ annual $5 |il-

lion in trade.

“That commerciai relation
ship ... I’m sure that’s going to
be hurt,” Chavez told reporter:
after Monday’s inaugurat.o1
“Now instead of buyins so
many things from Colombia. |
will go to Brazil ... Centra!
America, Nicaragua.”

Chavez also said he ha: 1m
plans to return to the Ande
Community trade bloc as ions
as Uribe’s government ts
member.






net
per gallon




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evar ee
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rs hotel $300 -

pene eke a

pe pire iPownieg elas
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Chef Galey Williams
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Saturday, December 15th, 2007 eB. R. E.E.F. with info on our Bahamian Grouper
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12 Days of Christmas - Shop, Save and Win

J








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ell knit capris \ .
Po | | Men’s Pace dress shirt

oe
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WIIG. & WV CUTS: teat YOU GAN HAVE IT ALL





PAGE 36, THURSDAY, DECEMBER 13 , 2007 | | 7 THE TRIBUNE

STOREWIDE JEWELRY SALE
SO - LOY + 10% Orr
ONE —— ONLY

STERLING SILVER Was OW 414kGOLD EARRINGS SKU# WAS NOW
Medium Hoops 231753 $40.00 $16.00 CZ Heart Earrings 194157 $150.00. é $45.00
2Loop Dangle Earrings — 231922 $60.00 $24.00 Diamond Cut Round Hoops 194335 $220.00 $65.00

3 Set Mutli Shape Earrings . 231909 $80.00 $32.50 3Piece Hoop Set 218857 $220.00 $65.00
2 Set Geometric Dangle Earrings 231915 120.00 $48.50 Basket Weave Hoop Earrings 194169 $170.00 $50.00
8” Flower Link Bracelet. 233656 $90.00 $36.50 Diamond Cut Fluted Hoops = 194186 = $230.00 $70.00
7” Multi Circle Bracelet. 4 -«-—=—=—=S~S« BSB $100.00. «$40.50 ——~Puff Heart Dangle Earrings (194181 $250.00 $75.00
Round ID Bracelet 222175 $120.00 $48.50 Dangle Tear Drop Earrings 194396 $280.00 $85.00
30” Puffed Gucci Link Necklace 223528 $300.00 $121.50 Lali hal ea Hoope apne pe | Sine

Flower Link Necklace 222062 $160.00 65.00 ce
ee . . Star Dangle Earrings 218930 $240.00 — $70.00.

16” ID Necklace 222250 $300.00 | $121.50 .
Polished Twist Hoops 194183 $250.00 $75.00
17” Necklace with Double Heart 233573 $160.00 $65.00

Diamond Heart Earrings 229295 $150.00 $60.75 CZ Snap with Heart Hoops 194144 $195.00 $85.00

Diamond Huggie Earrings 191181 $400.00 $161.00 Multi-circle Interlocking Earrings 240881 $250.00 $75.00

Diamond Link Bracelet 229246 $200.00 $80.20 Oval Hoops 218864 $320.00 $95.00"
Diamond Flower Pendant . 222472 $125.00 $50.60 Double Triangle Hoops 194414 $330.00 ‘$100.00
Diamond Cross Pendant 188157 $300.00 $121.50 Kissing Dolphins Earrings. 218912 $200.00 $60.00
Diamond Toe Ring 222078 $150.00 $60.75 Polished Huggie Earrings 194173 $220.00 $65.00
GEMSTONES — SKU# WAS NOW 3 Hoops 235870 $200.00 $80.00

Ruby and Diamond Pendant 58978 $250.00 $101.25 Ribbed Hoops 202652 $290.00 $85.00
Amethyst and Diamond Pendant 151829 $250.00 101.25 14K GOLD SKU# WAS NOW -
Oval Emerald Ring 220281 $300.00 $121.50 20” Diamond Cut Bead Necklace 210210 $80.00 = $32.00
Ruby Band Ring 216737 $400.00 $161.00 18” Snake Chain 224456 $200.00 $80.00
Amethyst Bezel Studs...........__.. 152093. $240.00 «$96.00. .20” Diamond Cut Rope Chain 189452 $200.00 -$80.00
Ruby & Diamond Earrings 214885 $300.00 $121.50 Beaded Stackable Ring 232065 $130.00 $53.50

50% OFF ALL WATCHES SKU# WAS wow . Beaded Bangle Bracelet 232056 $270.00 $109.00
Men's Jurgensen on Bracelet 230761 $250.00 $125.00 PEARLS SKU# WAS NOW

Ladies Pink Dial Citizen 227596 $235.00 $112.00 Pearl Stud Earrings 230967 = $50.00 $20.00
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Man’ s Seiko on Bracelet 83500 set 00 — Multi Color Necklace/Bracelet Set 236382 $150.00 $60.75
2 ale Necklace & Bracelet Set 229194 $199.00 $80.50

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(THE

| POLLD MELE LIE



TRIBUNE



TH URe Dey

Bahamas-based card _
customers owe bank

more than $690,000

@ By NEIL HARTNELL
Tribune Business Editor

BAHAMAS-
based credit
card customers
of Leadenhall
Bank & Trust
still owe more
than $690,000 in
unpaid debts, |
the -bank’s liq-
uidator reveal-
ing that they
have failed to
live up to
repayment commitments dur-
ing the 2007 second half, as he
prepares to seek Supreme
Court approval for a first dis-
iribution to the bank’s credi-
tors. -

In his latest report to the

Bahamas Supreme court, new-

_ ly-elected Bahamas Financial

Services Board (BFSB) chair-
man, Craig ‘Tony’ Gomez, said
some 99 Bahamas-based card
holders owed $690,221 to the
liquidation estate, the amount
having increased upon the
$683,000 detailed in his last
report.

The latest document, cover-

Sw

Private sector concerns over ‘goods-only’ EPA



ing the period between May 23,
2007, and November 30, 2007,
showed that no Bahamas-based
credit card holders had repaid
their debt during this time.
Leadenhall is owed $1.306 mil-
lion by former credit card cus-
tomers, some 310 foreign clients
collectively owing a further
$616,000.

Mr Gomez wrote: “To date,
no significant amounts have
been paid-in by persons who
made commitments to settle
their outstanding credit card
debts.”

Recovery of these credit card
debts is likely to be crucial as to
whether Leadenhall’s deposi-
tors and creditors recover all
their money.

The liquidation estate’s bal-
ance sheet, as at November 30,
2007, shows that Leadenhall’s
assets exceed liabilities by
$1.754 million, meaning that
depositors and creditors stand a
chance of full 100 per cent
recovery. Assets are $28.528
million, liabilities $26.774 mil-
lion.

SEE page 4

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2007

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UNTER NATIONAL

Online at



Ritz-Carlton construction
expected to begin within
next three to four months

m@ By CARA BRENNEN-BETHEL
Tribune Business Reporter

ertical construction on the
$750 million Ritz-Carlton
Rose Island resort is expect-
ed to begin within the next
three to four months, The Tribune was
told yesterday, pushing the project’s com-
pletion date to the 2010 firstthalf rather
than the 2009 deadline the developers
- had initially hoped for.

Russell Miller, the itz-Carlton Rose
Island’s general manager, explained that
workers were currently dredging the
marina on the property. Some of the fill
from that will be used in the vertical con-
struction, expected to start in the 2008
first half.

Mr Miller added that workers were
also in the process of completely reno-
vating the old Harbour Club on East
Bay Street, which once completed will be
the ferry terminal that will serve as the
arrival and departure lounge for resort
guests.

It will also accommodate access for

600-800 full time employees, who will *

Project’s completion
deadline is pushed back
one year to 2010 first half,
from initial 2009 target

need to be transported in three trips, giv-
en.the three shifts worked by staff.

Six of the Harbour Club’s rooms are
being renovated and, once completed,
will become office space for Mr Miller
and several staff members during con-
struction, plus provide some temporary
accommodations for workers as well,.

The initial Heads of Agreement for
the resort was signed between Ritz-Carl-
ton and the Government on February
13, 2006.

A supplemental Heads of Agreement
was signed on April 11, 2007, to reflect

the transfer of 70 per cent of Marrioit’s
stake in the development to the Miami-
based GenCom Group, the investinent
group headed by Karim Alibhai, which is
the majority shareholder.

‘Marriot retained a 20 per cent share in

‘the resort, with the 10 per cent balance

spilt by three other investors.

At the peak of construction, 900 jobs
will be created. The project is to include
a collection of more than 400 dwellings.

including a luxury resort, private resi- -

dences and a sheltered marina to dock
luxury boats and ei





B® By NEIL HARTNELL
- Tribune Business Editor

THE Government has submitted its
‘goods-only’. offer to the European
Union (EU) on the Economic Partner-
ship Agreement (EPA) to the private
sector for feedback, with The Tribune
having learnt that there are concerns the
offer does nof cover enough trade sectors
and goods.

Under the EPA, market access or
‘soods-only’ offers are designed to cov-
er 85 per cent of the goods trade between

the EU and the 77 members of the

African, Pacific and Caribbean (ACP)
negotiating group, with nations such as
the Bahamas allowed to exclude or
‘reserve’ a maximum 15 per cent of their
industrial sectors from the agreement’s
provisions.

Ginn to raise property
prices by mid-January

By CARA BRENNEN-BETHEL
Tribune Business Reporter

GINN sur Mer, the $4.9-billion Grand Bahama-based develop-
ment, is expecting to raise its property prices in mid-January 2008,
The Tribune has learnt, a move that may surprise some given the
global credit squeeze that has dampened prospects for the Bahamas’

second-home market.

An e-mail circulated by Ginn’s sales executive, Spencer Mallo-
ry, said: “Due to the success we have had at Ginn sur Mer this past
year, Bobby Ginn has decided to raise the prices on all home sites

as of January 15, 2008.”

Mr Mallory also advises interested persons to act now because
“our prices will never be this low again. The inventory selection will
never be this great or come with as many incentives”.

The potential price increase is interesting as it comes during a

global credit squeeze, which may
make it difficult for potential
clients to access mortgage and

Net metering key to
alternative energy switch

SEE page 5

Yet according to a highly-placed pri-
vate sector source, speaking to The Tri-
bune on condition of anonymity, the
Bahamas ‘goods-only’ offer as presently
constituted covers about only one-third
of the potential goods that could be trad-
ed between this nation and the EU.

With the Bahamas falling far short of
the 85 per cent threshold, and way over
the 15 per cent exemption threshold,
there are fears that the EU might reject
its offer, given that the latter must ensure
any EPA that it signs is compliant with
World Trade Organisation (WTO) rules.

It is also understood that the Bahamas
‘goods-only’ offer, as submitted to the
EU, offers minimal tariff liberalisation in
a bid to protect this nation’s import
duties regime, with many goods cate-
gories either excluded or placed in the
‘basket’ of goods were import duties will

either be reduced or phased-out over a
25-year period.

Philip Simon, the Bahamas Chamber
of Commerce’s executive director,
declined to comment on the private sec-
tor’s position on the Government’s
‘goods-only’ EPA, saying it first wanted
to communicate its feedback to Zhivar-
go Laing, minister of state for finance,
who is leading the Government’ efforts
on the EPA.

However, Mr Simon confirmed that
a copy of the EPA offer had been sent to
the private sector, through the Bahamas
Trade Commission and its chairman,
John Delaney, for consultation to seek its
comments.

“We know there has been a revised
draft of a goods offer. A goods offer was
prepared earlier this year by the previous
administration. This one is slightly dif-

ferent,” Mr Simon told The Tribune.
Whether the former PLP administra-
tion submitted a market access offer
became a matter of political contention,
the former government contending that
the Ambassador t ARICOM, A
Leonard Archer, delivered the docu-
ment to the CARICOM Regional Nego-
tiating Machinery (CRNM).
However, others argued that the
Bahamas’ market access offer was never
discussed as it was not placed on the
table to be negotiated over by this
nation, CARIFORUM and the EU.
“We're reviewing it, and a responsible
position will be made to the Bahamas
Trade Commission,” Mr Simon said of

‘the ‘goods-only’ offer.

SEE page 4

@ By NEIL HARTNELL
Tribune Business Editor

INTRODUCING net meter-
ing would be “the motivating
factor” for many Bahamian
companies to adopt alternative
energies systems, the Bahamas
Chamber of Commerce’s presi-
dent told The ‘Tribune yester-
day, as doing so would not only
reduce operational costs but
also provide an instance return
on investment through ‘credits

for supplying the national grid.

Dionisio D’Aguilar, who is
also Superwash’s president, said
that with energy costs becoming
an ever-increasing factor for
Bahamian businesses and com-
merce, the Government “should

look” at reducing and eliminat-
ing all import and stamp duties
on alternative energy system
components as a way of encour-
aging people to invest in it.

On net metering, which
would involve Bahamian busi-
nesses and companies receiving
credit for providing excess pow-
er from their solar energy sys-
tems to the national power
grid, Mr D’ Aguilar said: “Net
metering would make a huge
difference. It would be a moti-
vating factor to a lot of com-
panies, as they would not only
reduce their operational costs,
but get a credit for selling back

SEE page 5

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PAGE 2B, THURSDAY, DECEMBER 13, 2007

THE TRIBUNE



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How to setupa
non-profit firm

A NON-profit company
may be incorporated in the ©
Bahamas under Sections 170
to 178 of the Companies Act
1992 for social, cultural, char-
itable and other non-pecu-
niary causes, as specified in
Section 14 of the Act.

Section 170 of the Act
defines a “non-profit compa-
ny” as a company with no
authorised share capital,
which is carried on without
pecuniary gain to its mem-
bers.

As a company with no
authorised share capital, the
non-profit company may be
incorporated as a company
limited by guarantee, as an
alternative to a trust struc-
ture.

By its very nature, as a
company limited by guaran-
tee, the non-profit company
is not permitted to make dis-
tributions to its members. It
can only make payments for
charitable purposes, as the
objects in its Memorandum
of Association must specifi-
cally state.

Notwithstanding that fact,
each member participates
equally in the assets of the
company, irrespective of any
variation in subscriptions
paid, unless contrary provi-
sions exist in the Articles of
Association.

Each first director becomes
a member of the company
upon the incorporation of a
non-profit company. The
directors of the non-profit
company may also make the
cOmpany’s by-laws.

The minimum number of
directors for a non-profit
company is three directors.

There is no restriction on
the number of members of a





non-profit company, unless
otherwise determined by the
Articles of Association.

The Articles of Association
of the company may provide
for more than one class of °
membership, the designations
and terms of which must be
specifically stated.

A person is permitted to be
admitted to a non-profit com-
pany by resolution of the
directors, subject to the pro-
visions of the Articles of
Association.

Each member of a non-
profit company may have one
or more votes or no votes,
depending upon the Articles
of Association.

With regard to the transfer-
ability of membership in a
non-profit company, the
interest of a member may not
be transferable, unless other-
wise stated in the Articles of
Association. Such member-
ship will lapse and cease to
exist upon the resignation or
death of the member. How-
ever, the interest in the non-
profit company may contin-
ue, notwithstanding the ces-
sation of membership.

Section 178 (2) of the Act
states: “Where the Articles
do not provide for the distrib-





ution of its remaining proper-
ty, the property of a non-
profit company may, by reso-
lution of directors, after pay-
ment of all debts and liabili-
ties, the remaining property
[can be] be distributed or dis-
posed of to any organsation
in the Bahamas, the under-
taking of which is charitable
or beneficial to the communi-
ty at large.”

The non-profit company is
incorporated in a similar way
to that of a regular Compa-
nies Act company, with the
requirement to reserve and
confirm the availability of the
name at the Companies Reg-
istry of the Registrar Gener-
al’s Department for 90 days,
and prepare and submit the
Memorandum and Articles of
Association of the company
(with its specific objects), in
order to incorporate the com-
pany.

However, a draft copy of
the Memorandum and Arti-
cles of Association of the
non-profit company is

- required to be submitted to

the Registrar General for
review, before submission for
incorporation of the compa-
ny, in order to verify and con-
firm the objects and purpose

of the company, in accor-
dance with the provisions of
the Act.

Once the Registrar Gener-
al has confirmed that the
objects of the non-profit
company are for a charitable
or non-pecuniary purpose, in
conformity with Section 14 of
the Act, the draft Memoran-
dum and Articles of Associa-
tion must be finalised, prop-
erly executed by the first
directors, and re-submitted to
the Companies Registry for
incorporation.

Stamp duty in the amount
of $5 must be paid to the
Public Treasury, and an
incorporation fee of $330
must be paid to the Compa- .
nies Registry on submission
of the Memorandum and
Articles of Association, and
incorporation of the non-
profit company.

© 2005. Tyrone L. E.
Fitzgerald. All rights
reserved. NB: The informa-
tion contained in this article
does not constitute nor is it a
substitute for legal advice.
Persons reading this article
and/or column, generally, are
encouraged to seek the rele-
vant legal advice and assis-
tance regarding issues that
may affect them and may
relate to the information pre-
sented.

Tyrone L. E. Fitzgerald is a
practising attorney with
Fitzgerald & Fitzgerald.
Should you have any com-
ments regarding this article,
you may contact Mr Fitzger-
ald at Suite 212, Lagoon
Court Building, Olde Towne
Mall at Sandyport, West Bay
Street, P. O. Box CB-11173

Answers sought on Florida
investment pool withdrawal

@ By DAVID ROYSE
Associated Press Writer

TALLAHASSEE, Florida
(AP) — Withdrawals from
Florida’s local government
investment pool appear to be
settling down, a financial firm

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said Tuesday, as the board that
oversees the fund continued to
push for answers about how the
pool was hit by a multibillion-
dollar run last month.

The State Board of Adminis-
tration’s trustees on Tuesday
continued to push for answers
to how the fund invested in
mortgage-backed securities that
ratings companies downgraded.
That led local governments to
withdraw more than $13 billion
in a run that was stopped by
closing off access to the account
for a week.

The board also unanimously
named a new interim executive
director for the board of admin-
istration, which administers a
range of state investments, in
addition to the local govern-
ment pool, including the $138
billion pension fund.

Hoping to boost investor con-
fidence, the board chose a wide-
ly-respected figure in state pol-
itics, former state Comptroller
Bob Milligan, who is now serv-
ing as the state’s insurance con-
sumer advocate.

Milligan, who was a trustee
of the board when the comp-
troller was formerly a member
of the state Cabinet, said he
would hold a meeting in early
January with investors in the
fund to help deal with their con-
cerns.

“We will come to grips with
what we need to do to get this
operation on the right track,”
Milligan said.

In an earlier conference call
with several investors in the

fund, officials from the New
York investment firm hired by
the trustees to manage the fund
tor now painted a picture of an
improving situation. After $1.2
billion was withdrawn the first
day the fund was reopened last
week, redemptions have slowed
considerably, BlackRock Inc.
officials said.

On Tuesday, $84.3 million.

was taken out, and about $8.9
million was put in. The part of
the account remaining open to
investors stood Tuesday at just
under $10.2 billion.

“It’s definitely stabilizing,”
said BlackRock Vice Chairman
Barbara Novick. “We're very
heartened by the first few days.”

The state’s pool is one of a
wide ranging. number of
investors to be affected by a cri-
sis in global credit markets as
investors face the prospect of
not being repaid on mortgage-
backed securities, due to rising
mortgage defaults.

Chief Financial Officer Alex
Sink said the state board’s audit
committee will look for answers
to several questions, including
why the state’s investment poli-
cies allow for holdings that
would so spook local govern-
ments.

Sink and other board mem-
bers, including Gov. Charlie
Crist, stil want to know what
led money managers at the
SBA to buy “distressed assets”
that have since had to be iso-
lated in a separate closed fund.
Sink wants auditdrs to find out
when those were purchased,

what their ratings were at the
time of purchase and what mon-
ey managers did once they were
downgraded and why.

Sink also said auditors specif-
ically should ask whether the
board has a duty to disclose
downgraded assets to investors,
and how many holdings in oth-
er state accounts have been
downgraded by ratings firms.

Local governments remain
worried about limits on how
much they are allowed-to with-
draw from the account without
paying fees. Many need access
to the money to pay bills.

BlackRock official Chris
Stavrakos told investors Tues-
day that withdrawals will be lim-
ited less as the fund stabilizes,
and that he expects an increase
in the amount available by.
about five or 10 per cent in the
first few months of 2008.

Novick said BlackRock con-
tinues to work to line up a bank
loan programme, where private
banks would make loans avail-
able to local governments with
the balance in the fund as col-
lateral, for cases where local
governments need more cash
than they’re allowed to with-
draw without a fee.

The trustees of the state
board also planned Tuesday to
name an interim replacement
for former SBA Executive
Director Coleman Stipanovich,
who resigned last week amid
questions about the pool, which
dropped from more than $27
billion to $14 billion by the time
the fund was closed to investors.







THE TRIBUNE

THURSDAY, DECEMBER 13, 2007, PAGE 3B





PM to receive report on ‘vexing
business issues’ by January-end

@ By NEIL HARTNELL -

Tribune Business Editor

THE Bahamas Chamber of

Commerce will submit a
report on the main issues
impeding the growth and per-
formance of Bahamian busi-
nesses to Prime Minister
Hubert Ingraham “by the
end of January”, The Tribune
was told yesterday.

Philip Simon, the Cham-
ber’s executive director, said
a series of roundtables held
with the organisation’s mem-
bers and business executives
had yielded a mixture of new
and old concerns on the
problems facing Bahamian
business when it came to con-
ducting commerce and their
experiences in dealing with
government departments and
agencies.

Among the concerns
raised, Mr Simon said, were
price controls, double taxa-
tion, Customs, problems in
obtaining work permits from

the Immigration Department’

on a timely basis, and “delays
and inefficiencies in various |
agencies that all contribute to
the bottom line”.

Mr Simon said that for
example, if it took an “inordi-
nately long period of time”
for a work permit application
to be processed, the worker
in question might eventually
become fed up that their

Philip Simon



future was in limbo, and
instead take a job ina rival
jurisdiction.

This, he added, “happens
all-the time”, with the end
result that the Bahamas-
based employer loses the
time, money and effort
invested in the initial applica-
tion process, and has to ret-
start this all over again.

“The cost of doing business
is impacted by inefficiencies
and delays,” Mr Simon said.

“Government is moving to
increase its e-capability and
eliminate the need to go into
government offices and
obtain copies of original
forms.

“If that can be done
straight across the board, not
only will it improve business

efficiency but it will also
reduce the amount of traffic
on the streets.”

The systems in government
departments and agencies
were currently people-depen-
dent, the Chamber executive
said, meaning that if the rele-
vant person was not there or
in a meeting, the permits,
approvals and requests that a
businessperson needed would
not be processed.

As aresult, Bahamian
business executives spent
much time going in and out
of government offices, often
for little reward.

‘Transparency was another
issue, Mr Simon said, while
concerns were also expressed
about the high upfront costs
of starting a business. Start-
ups that had to import their
inventories were faced with
high upfront payments to
Customs on import and
Stamp duties before one
product was sold.

The fishing industry, the
Chamber’s executive director
said, pointed out that they
had to purchase a vessel and
show their capabilities before
they were given a commercial
fishing licence. Yet there was
no guarantee they would
obtain the licence despite the
heavy initial capital invest-
ment.

From the construction
industry, Mr Simon said con-

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cerns had been voiced about
the business licence fee being
levied/based on the gross val-
ue of the contract in ques-
tion, as companies often end-
ed up paying in taxes what
they earned in profits.
Instead, they were urging
that the fees be levied on the
gross margins, not the gross
sales.

Other concerns included
the fact that if not all docu-
ments relating to a planning
application were in order,
companies had to wait anoth-
er month or 30 days before
Town Planning met, while
the Bahamas Motor Dealers

Email address:



“4

Association (BMDA) had
raised issues relating to the
importation of wrecked cars,
used vehicles, emissions and
the environmental impact.
There had’even been a sug-
gestion that a nationwide
employee database be creat-
ed, so companies could track
and monitor problem
employees, and prevent them
from bouncing from one job
to the next.
“It was, in a word, enlight-
ening,” Mr Simon said of the
roundtables. “Some of the
issues were new issues, but it
was certainly informative and
we appreciate the many com-

PUBLIC NOTICE

This is to advise the public that
THE NEW MAILING ADDRESS OF

THE INDUSTRIAL TRIBUNAL



is
P.O. BOX N-4939

ndustrialtribunal@bahamas.gov.bs |



WE HAVE ALSO EXTENDED OUR CURRENT
TELEPHONE AND FAX NUMBERS OF
325-6923, 325-6942, 325-6954

325-7614 (FAX)

TO INCLUDE 325-7613 AND 323-3650 (FAX) AS
ADDITIONAL NUMBERS TO CONTACT THE INDUSTRIAL TRIBUNAL

panies involved in it.

“There was a passion to
make things better, not just a
complaint about government
services and structures.
We’re compiling a report that
willbe submitted tothe.
Prime Minister by the end of
January.”

The Chamber’s series of
business leadership roundta-
bles, under the theme ‘Vex-
ing Business Issues’, were
designed to obtain feedback
and possible solutions to
problems the Bahamian busi-
ness community experienced
in dealing with government
bodies and processes.








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3
7
‘

and VISION

B, THURSDAY, DECEMBER 13, 2007

“WE ARE NOW
LOCATED IN





Core ¢ Responsibilities:

Vlanages a portfolio of delinquent loans, conducts credit
risk assessments by inspecting collateral.

(omplies available.data and prepares a variety of reports
io aggregate delinquent account information. af
Participates in special projects such as assisting with GG

Student Loans, and research.

Performs administrative duties, such as updating and
ne files, posting funds to accounts.
Conducts initiating legal action and coordinates responses

and activities.

lay manage distressed properties by showing properties
to potential buyers, and answering inquiries.

Anowledge Skills and Abilities:

Associates degree or Institute of Financial Services
Certificate, or three (3) to five (5) years of banking

experience.:

Ccrtificate in Credit and Collections, credit risk assessment
uaining, and certificates in Accounting or college level

course in Accounting.

Working knowledge of appraisals to understand legal

focuments.

(omputer literate — Ability to use MS Word and Excel
nowledge of laws governing contracts and properties to

conduct court appearances.

netits include: Competitive salary commensurate with
pclicice and qualifications; Group Medical (includes dental. .
) and life insurance; pension scheme.

litcrested persons should apply no later than December 18"

07 to:

BUSINESS —

Private sector concerns




THE TRIBUNE





over ‘goods-only’ EPA

FROM page 1

“In terms of our ability to
provide a comprehensive
review, we don’t have the
capacity, nor do we have the
resources, nor do we have the
time to do it. We’re trying des-
perately to work with what we
have.”

Mr Simon added that the pri-
vate sector was seeking further
clarification from the Govern-
ment on its approach to negoti-
ating the EPA and its ‘goods-
only’ offer, as “we know the
Bahamas is approaching the EU
directly on its submission”, out-

Side. the CARIFORUM. aus-

pices.
The Chamber executive said
the private sector was conscious
of the future implications of
what was negotiated for the
EPA, adding that it could set a
precedent/base for. future trade.

‘talks with the US on the

Caribbean Basin Initiative
(CBI) replacement; Canada on
the CaribCan replacement; and
World Trade Organisation
(WTO) membership.

The EPA agreement is sup-
posed to be signed with the

EU by December 31, 2007, and
that deadline is now fast
approaching - only two weeks
away. It will replace the Coto-
nou Agreement, a one-way
trade preferences regime that
benefited the Bahamas and the
Caribbean in terms of provid-
ing duty-free market access to
European states for their
exports.

Yet the Cotonou Agreement
runs against World Traue
Organisation (WTO) rules,
which call for reciprocity or
trade preferences that flow to
both parties in a trade agree-
ment, and the EU is not going
to seek a WTO waiver for that
agreement’s continuation.

Therefore, and with the
Bahamas unable to access the
EU’s General System. of Pref-
erences (GSP) because it is
classified as a developed

-Nnation,.this nation’s exporters
to Europe - chiefly the fish-~

eries industry, Bacardi’s rum
products (for one final year),
and Polymers International. -
would likely lose their duty-
free market access to the EU if
the Bahamas did not sign on
to the EPA by December 31,

2007.

In the case of the Bahamas,
the “trade-off” to preserve
duty-free market access for this
nation’s exporters was to give
up some $10-$14 million in
import and stamp duty rev-
enues earned from EU-origi-
nated imports per year.

This was seen as helping to
maintain the Bahamas’
favourable $20 million net pos-
itive trade balance with the
EU, this nation having export-
ed $66 million worth of prod-
ucts in 2004 and imported just
over $44 million. Many EU
imports are allowed to enter
the Bahamas duty-free, given
that they are used i in the tourist
industry.”

The consequences of not
preserving duty-free market
access for Bahamian exports
could be severe. Polymers
International has warned that

“it will put ptans-‘to-expand the---

capacity of its Freeport plant

by 20 per cent “on hold” if the °

Bahamas does not sign the
EPA, fearing that it stands to
lose 8-10 per cent of sales if it
loses duty-free market access
to the UK.

A Ministry of Foreign
Affairs briefing note submit-
ted to the former PLP Cabi-
net said that apart from the
direct impact on Polymers
International, which employs
88 persons and 10-20 contrac-

‘tors, loss of its EU duty free

market access might also
impact Freeport Container
Port and the Grand Bahama
Power Company, the latter of
which generates 10 per cent of
its revenues from Polymers.
Apart from Polymers Inter-
national, the other major
export industries that would
be negatively impacted if the
Bahamas did not sign on to the
EPA would be __ the
seafoods/fishing industry,
which sends $60 million in
exports per annum to the EU,
and Bacardi’s rum exports.
Although Bacardi is closing its
Bahamas-based operations by

2009, it still-has “hundreds_of..

thousands of gallons of rum
products” that it can still
export to the EU throughout
2008. Mr Laing did not return
a phone message seeking com-
ment before press deadline
yesterday.

Bahamas-based card customers owe bank more than $690,000

FROM page 1

Yet this will largely depend on Mr
Gomez’s ability to recover the lion’s share
of some $3.458 million listed on the bal-
ance sheet as loan receivables net, meaning
that these are outstanding loans made by
the bank and now owed to it by the bor-
rowers. The credit card debts of $1.306 mil-
lion will be included in this amount.

Meanwhile, Mr Gomez said he had
“instructed counsel [Sidney Cambridge at
Callender’s & Co] to prepare the neces-
sary documents to be presented to the court
for the first distribution to creditors”. This
implies that creditors and-depositors might
glimpse a first sighting of their funds in the
New Year.

Leadenhall holds a $16.251 million invest-
ment portfolio that is managed by Generali
International, an insurer, via an insurance

|
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policy. Generali, Mr Gomez said, charged a
$118,156 fee per quarter for managing the
portfolio.

Between the period April 1, 2007, and
September 9, 2007, Leadenhall had earned
a $61,935 net gain on the policy, interest
of $298,248 exceeding the $236,313 in fees
paid.

Yet Mr Gomez noted that, after inquiring
on November 21, 2007, he was told that
Leadenhall would be charged $227,723 by
Generali in the form of an Early Discon-
tinuance Charge if the bank sought to with-
draw from the policy now. To avoid this
charge, Generali told Mr Gomez that the
policy would have to run until March 2009.

The Caledonia Fund Investments Ltd,
an investment fund in which Leadenhall
held a $3 million investment and 78 per
cent ownership, had meanwhile been placed
into liquidation, Mr Gomez added.

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In his efforts to recover loans owed to
Leadenhall, Mr Gomez said the Bahamian
attorney for one borrower, Nuvo, had
served a summons on his attorney to pre-
vent the release of funds held in escrow to
the liquidation position.

Nuvo had sold a Canadian property it
owned to repay the Leadenhall loan bal-
ance, but was disputing the interest rate
applied to this loan. Mr Gomez warned
that even after recovery: there would be a
“shortfall which the bank may be forced to
write off”.

The liquidator added that he had instruct-

ed his attorney to begin legal proceedings
against one borrower who had real estate in
the Bahamas. Mr Gomez said the borrow-
er’s allegation that he had suffered “sub-
stantial investment loss regarding a securi-
ty held by the bank as collateral for the
loan..... cannot presently be substantiated”.



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THE TRIBUNE

THURSDAY, DECEMBER 13, 2007, PAGE 5B





Eleuthera resort
tarts lot sales

FROPERTY lots are now
available in the $85 million
Cape Eleuthera Resort and
Yacht Club, the developers
have said.

They added that the Cape
Eleuthera Yacht Club has the
longest mega yacht dock on
Eleuthera at more than 50 feet,
enabling owners of larger ves-
sels - more than 200 feet in
length, with depths of up to 35
feet - to visit the island’s marina.
This has 55 slips, with a capaci-
ty of up to 200.

According to a release recent-
ly issued by the company, there
are 26 waterfront properties
available, with townhomes start-
ing at $800,000, beach villa lots
starting at $600,000, and private
home lots beginning at
$800,000.

The Cape Eleuthera resort
and real estate project is being
developed by the DeVos family,

who formerly owned Peter.

Island in the British Virgin
Islands.
The Heads of Agreement for

the project was signed on May
3, 2005, between the Govern-
ment, Cape Eleuthera Proper-
ties and Powell Point Propertes.
The agreement calls for a 60
bedroom hotel and upmarket

‘residential community and

marin, with a wide range of
amenties including roads, restu-
ranta, shops, swimming pool,
utility services and residential
accodomations, as well as sev-
eral community outreach pro-
gramm es such as a Cape
Eleuthera School, community

centre of 4,000 square feet, a
park and playground, a sporting
complex and reverse osmosis
plant.

“Cape Eleuthera is not for
everyone,” said David Green,
managing director. .

“It will never be a-Las Vegas
style resort transplanted in the
Caribbean, but our guests are
able to enjoy an authentic,
Bahamian Out Island experi-
ence and that is what makes us
so appealing.”

Net metering key to alternative energy switch

FROM page 1

to the grid.”

Between the propane gas bill
and the electricity bill, Mr
D’ Aguilar said his Superwash
laundromat business was
spending between $180,000-

_$190,000 per month on energy

costs.

“This is becoming a real, sig-
nificant and ever-rising cost of
doing business,” the Chamber
president said. “These are
issues that we now have to
focus on how we deal with
them. In the past, we put up

prices, because there is only s0
much the market can bear.
This is a major, major con-
cern.”

Haiti was one nation increas-
ingly examining biodiesels, and
generating power from fats and
solubles, Mr D’Aguilar said,
while Barbados had been

“very successful” in adopting a:

policy that all water heaters
rely on solar thermal energy, a
move that had reduced that
nation’s energy costs and
reliance on oil imports.

. Mr D’Aguilar said Super-
wash had looked at using solar
energy in the past, but had

found the cost of purchasing
and installing all the. equip-
ment and systems too expen-
sive.

In addition, the amount ‘of
solar panels needed to gener-
ate the required amount Of
energy was so large that they
could not all fit on the roof,
meaning they would have tak-
en up valuable real estate, he
added. Then there was the fear
of vandalism.

To encourage the use of
alternative energy, the Gov-
ernment will also have to
amend the Electricity Act, as
the'current legislation prohibits

‘consumers in areas where the

Bahamas Electricity Corpora-
tion (BEC) power supply is
available from generating their
own electricity, except in pow-
er outages. That would
penalise alternative energy
users,

However, Mr D’ Aguilar said
that businesses should not be
held up or delayed from
switching to alternative ener-
gies by this, as there was no
‘energy police’ in the Bahamas
to enforce it. With energy costs
having become so serious an
issue, he suggested there was
likely to be some flexibility.



FROM page 1

Ginn to raise property prices



other forms of debt financing - and at
appropriate interest rates - to meet the cost
of second home purchases.

John Davies, Ginn’s vice-president, was
unavailable for comment as his assistant
said he was in meetings. It remains unclear
just how big the price increase will be.

The Ginn sur Mer development will serve
as Ginn Clubs & Resorts flagship Caribbean
development. The project currently under
construction in West End will feature a
2,000 acre resort community that will con-
tain more than 4,400 condominium and
hotel units, nearly 2.000 single family resi-

dential home sites, signature golf courses
designed by Jack Nicklaus and Arnold
Palmer, clubhouses, two large marinas, a
private airport, a Monte Carlo- style casino,
water and swim pavilions, a beach club and
a spa.

According to the Heads of Agreement
for the project signed with the previous
administration, any condos sold by Ginn
for $250,000 or more in the period between
the first sale and 20 years later will attract
stamp duty at a rate of 2 per cent.

This is 8 per cent less than the normal
stamp duty rate for properties of that value
is 10 per cent.

¢ Excellent opportunity
for you to control your

income.

e You are limited only to

your potential

e Flexible hours available
e Excellent commissions

and benefits

e Must have a proven track record in sales
e Professional appearance a must

e Must have reliable transportation

e Ability to meet and adhere to strict deadlines
e Excellent written and communication skills.

Apply in writing to
Sales Representatives
Box PM-1
C/O The Nassau Guardian
P.O. Box N-3011

Nassau

Bahamas



The sale of the homes in Ginn is essential
to the success of the development; as the
Heads of Agreement states: “The timely
sale of lots, condominiums and other resi-
dential units within the project to Bahami-
an and non-Bahamian purchasers is critical
to the success of the project and the rede-
velopment of the West End settlement.”

As a result, the government committed to
an accelerated consideration of such
approvals, noting that pre sales of residen-
tial lots and units were an important part of
the sales and marketing of the project and
would begin before any infrastructure was
installed in West End.

Financial Controller.

Job Objective:

Permanent Secretary.
Primary Duties:

functions.

decisions.

ministry.

e Bahamian citizen.

January 15, 2008 to:





HARBOURSIDE
MARINE
Tse ere mea EYES Ey

Workshop ond Sthawre
PRY 282 IGS-OZENIOS- 34649! Fax: 242 39

VHA ©: Moons Erugine

Harbourside Marine is looking for Golf Cart
Technician with experience in Gas
and Electric repairs/service.

Please fax resume to: 394-7659

HELP WANTED

SHOGUN REVOLVER
Restaurant ¢ Lounge ¢ Terrace
Modern Asian Dining Concept
¢ Wait staff: Previous experience in high-end
dining establishments a must.
¢ Kitchen Staff: Extensive knowledge of
Asian Cuisine and wines a definite asset.
© Wine Steward/Sommelier: Previous restaurant
and floor sales experience. |
¢ Food Runners: For bussing of bar and table
expedition.

Fax resumes to: 328-8381
or email to: info@shogunrevolver.com



Urgently seeking Director Of Human Resources
5-10 years experience, salary commensurate with
experience and qualifications.

P.O. Box CB-12707
Nassau, Bahamas

Write to:

Financial Controller

Our client, a Government Ministry, is seeking applications for the position of

To provide leadership and coordination of the financial planning and budget
management functions and to ensure the Ministry’s accounting procedures conform
to the Financial Administration and Audit Act of 1973. The position reports to the

¢ Direct and coordinate the Ministry’s financial planning and budget management

e Recommend procedures for measuring the financial and eperanne performance
of divisions and departments.

e Monitor and analyze monthly operating results against budget.

¢ Oversee daily operations of the finance department.

¢ Manage the preparation of monthly ministry expenditure reports, financial
outlooks and forecasts.

¢ Prepare financial analysis for contract negotiations and product investment

¢ Work with department managers and corporate staff on business plans for the

¢ Establish and implement short and long range departmental goals, objectives.
policies and operating procedures. |

¢ Design, establish and maintain an organizational structure and staffing to
effectively accomplish the department’s goals and objectives.

¢ Oversee financial management of foreign operations.

¢ Represent the ministry externally to government agencies, funding agencies
and the general public.

Requirements & Personal Attributes:
Candidates must meet the following criteria:

* Knowledge of finance, accounting, budget, and cost control principles.
Knowledge of the Financial Administration and Accounting Act of 1973.
Knowledge of US federal and state financial regulations where applicable.

¢ Ability to analyze financial data and prepare financial reports, statements and
projections. Working knowledge of short and long term budgeting and forecasting.
project budgets, and other financial analysis,

¢ Professional written and verbal communication and interpersonal skills. Ability
to motivate teams to produce quality material within tight timeframes and
simultaneously manage several projects. Ability to facilitate and participate
in group meetings.

¢ Bachelors Degree in Finance and/or Accounting. Professional accounting
designation; ACCA, CA or CPA desirable. Minimum of five years experience
in senior-level finance or accounting position.

The position offers an attractive salary with a benefits package, reflecting the
successful applicant’s experience and qualifications.

Qualified individuals should submit complete resumés including references before

Mark EF. Munnings
Partner
P.O. Box N 7120,
Nassau, Bahamas
or

Email: mmunnings @ deloitte.com.bs

Deloitte



PAGE 6B, THI





All that

of the subs
New Fray
zoned 3
near the



bend belk

Neo. 17



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half &
| genera
Locat
property wi






GREENIN

All that pi
Albacore
Greening
contains 2



LOT No
FORTUNE
All that Io!
20, Block

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arectangie :



LINCO!

| Unit 5, Blo
| Located on f

LOT N«



All that fo

of the surhe
Bahar
on this ¢
structure
Jacuzzi iF

kitch
storaune
coat:
painted










BER 13, 2007 | THE TRIBUNE

co) a nneamaa NNO

rMENT OPPORTUNITY

MUST SELL
FAMILY ISLANDS |




Appraisal: $300,000.00

9,626 square feet, being lot number 40,
Port, situate in the Western District of
eguiar in shape, is on a level grade and
‘\n electrical connection outlet is located
ocated on Sandy Port Drive just on the
southern Side of the road.

ABACO | Appraisal: $108,000.00

PORTION OF MURPHY TOWN CROWN
ALLOTMENT, MURPHY TOWN, ABACO.

The property is 89 x 100 ft
and rectangular in shape.
The land is’ elevated
approximately 15 ft above
road level and
approximately 25 ft above
sea level. Located on this
property is a twenty-year-
old three bedroom, two
bathroom, living, dining,

kitchen and laundry room house. The structure requires much





rES Appraisal: $930,000.00

All that lot of land having an
area of 30000 square feet,
being lot Number 17 of the
subdivision known as
Westridge Estates Addition.
Situate in the Western District
on the island of New




‘ attention.
Providence,
Located on the = subject
property is a newly
constructed single story PESHHSEHHOHRHOOHROEHHOHEROEHROOHROOES
structure comprising 6,000
feet of living space with a .
three Car Garage. EXUMA Appraisal: $1 70,000.00

if ee uErises five bedrooms, four and a DUPLEX IN LOT 6625
“ely” fooray eeneny laundry 2nd | BAHAMA SOUND No. 8, EAST, EXUMA

Trapezium shaped lot 35
ft. above sea_ level!
comprising 10,000 sq. ft.
Situated thereon is a 10-
year-old single storey
duplex, 2 bed, 1 bath,
kitchen, living/dining
|; area and porch.
(Building is in need of
repairs).

' Bay, take the road heading west into
on the Right, Westridge Drive. Subject
on the right hand side of the road.






SHCHSHHOHSHSCHHHOHRESHOHROSHSOREOEROOE

EXUMA Appraisal: $673,075.00

CASTELRAG ESTATES, LOTS 129 & 130
EXUMA HARBOUR SUBDIVISION

SMAAK ly “9 The subject property is located
on Kingway Road and is
developed with an area of
20,000 square feet. Situated
thereon is a_ residence
comprised of 3,645 square feet
of living accommodations,
_ inclusive of 4 bedrooms, 2
baths, with laundry and utility
. Spaces and a two bedroom one
\\ bath guest cottage of 600
\\ SSS square feet. The property is

fenced with white picket fencing and has a Gazebo at the highest portion
of the property.





redrooms, 2? bathrooms.
va Birch Curt, Bahamian North

S-ONVISION Appraisal: $75,000.00

f land described as lot 7 block 21,

2» and Mid Chipman Road, Unit 2,

Freeport, Grand Bahama. The lot
ned as multi-family residential.













INIT 3
IVEISION Appraisal: $38,000.00

an area of 12,650 sq. ft. being lot No.
‘ision known and designated as Fortune
| Bahama. Duplex property zoning with

BAHAMA SOUND 10, .
EXUMA Appraisal: $20,000.00

All that piece, parcel or lots 12571 and 12572, Bahama Sound of Exuma
10, total area of 20,000 square feet. Bahama Sound is a sudivision
situate at the southwestern portion of the Forest Estate between the
settlements of Southside and Richmond Hill, Great Exuma, Bahamas.

BY CLOSE Appraisal: $38,500.00

igie family residence, Clearwater Close.
roximately 17,404 sq. ft.





PARCEL OF LAND, PALMETTO POINT
ELEUTHERA Appraisal: $112,105.00

All that piece, parcel or lot of land 2,743 feet East of the junction of the
Palmetto Point road and main Eleuthera Highway containing 2.45 acres.
This site encompasses a 28-year-old single storey concrete structure of
approximately 832 square feet of enclosed floor space inclusive of sho
space and rest reom facilities. '

HAMIA MARINA
SION, FREEPORT,
Appraisal: $337,000.00


























J. Se Vi

SPIER
.
\

\ \\
\\\ \
\ \
~

\
OC \



2 Xen

ea Of 16,533 sq. ft. being lot No. 3

d designated as Bahamia Marina and
ion, Freeport, Grand ‘Bahama. Located
comprising a 3 year old duplex
oproximately (3,058) square feet.
bedrooms, 2-bathroom with private

s living and dining room, full service
room, foyer/hallway with linen and
fully secured by six foot plastic

‘ong the side and rear and adjoins the
lars at front with electronic gate.

\
~
\ NS
\ \\
~~ x

ZZ






Chick on “Real Est
| Click on Do







Ae rg
E @ 502-3077 - E-mail philipwhite@scotiabank.com

bids to P. O. Box N-7518 Rosetta Street, Nassau, Bahamas

+ nage rene cone: Re NeneeRe








<2 Oe. ~~

— e-em how



IHUHSVDAY, DECEMBER 13, 2007, PAGE 7B

INVESTMENT OPPORTUNITY

THE TRIBUNE

TRIBUNE,

MUST SELL si

MISCELLANEOUS PROPERTIES

Must Sell Lot No. 597
Gardens





Eleuthera Island Shores
Subdivision LOT NO. 1,
BLOCK NO. 45,
ELEUTHERA ISLAND SHORES

All that piece parcel or lot of land having
an area of 9,644 sq. ft. being lot #1 in
block 45, Section “E” in the subdivision
called and known as Eleuthera Island
Shores Subdivision, situated in the vicinity
of Hatchet Bay Harbour, on the island of

Eleuthera, one of the islands of the
Commonwealth of The Bahams. This site encompasses a two storey building which is approximately
14 yrs old and is abandoned. There is a wooden landing approximately 7’-4” wide by 20’-0” on the
upper level, approximately 1,610 sq. ft. of enclosed living space, with 3-bedrooms, 2-bathrooms,
front room, dining room, den, kitchen, and utility room. The wooden porch on the upper level is
approximately 148sq. ft. There is also a water cistern under the dining room floor area. All utilities

and services available.
. Appraisal: $151,007.00
This property is situated in Eleuthera Island Shores.

All that lot of land having an area of 3,200 sq ft, being
lot 597 Melvern Road of the subdivision known as
Yellow Elder Gardens, the said subdivision is situated
in the southern district of New Providence Bahamas.
This property is comprised of a 26 yr old single famil
residence consisting of approximately 1,510 sq.
of enclosed living space, with 3-bedrooms including
master bedroom, 2-bathrooms, living/dining room,
kitchen and utility room. The residence also consists:
of a front porch and two patios.



The land is on a grade and level; however the site appears to be sufficiently elevated to disallow the possibility
of flooding ane annual heavy rainy periods. The grounds are fairly kept, with improvements including
driveway and walkway. The yard is enclosed with chain linked fencing.



Appraisal: $133,395.00
Traveling west along Melvern Road from the ape center road, follow the road to the left. the subject
property is the 5th property left situated between Zris Court and Richie Court, painted White trimmed yellow.



LOT NO. 1 WESTERN SHORES HAMILTON’S, LONG

ISLAND

All that piece parcel or lot of land and
improvements situated in the settlement
of Hamilton's in the Island of Long Island,
and comprising of approximately 13,547
sq. ft. and is elevated approximately 7-8
ft above sea level. This site encompasses

All that lot of land having an area of 7,389 sq.
ft., being lot #1 of the Subdivision known as
Western Shores Phase Il, the said Subdivision
~ J situated in the Western District of New Providence,

‘} Bahamas. Located on the subject property is a
single structure comprising of a single family
residence consisting of approximately 2,430 sq.
ft. of enclosed living space. The residence
comprises of 3-bedroom with closets, 2 1/2
bathrooms, living/dining rooms, study, kitchen,



utility room, porch and enclosed garage with electronic daor. The land appears to be sufficiently
elevated to disallow the possibility of flooding during annual heavy rainy periods of the year. The
grounds are fairly well kept with improvements including driveway, walkway and swimming pool.

a 35yr structure. A simple style home consisting of two bedrooms, one bathroom,
kitchen, living and dining room. the home however is consisted of 2 separate
constructions; 613.60 sq. ft of concrete construction and 624 sq. ft of wooden

The yard is enclosed with walls.

Appraisal: $753,570.00

Traveling west on West Bay Street. Go pass Orange Hill and Indigo Subdivisions, the house is
located on the left near Tusculum Subdivision and painted all white.

construction all amenities are to the property such as electricity, water, cable and

telephone.
Appraisal: $112,000.00.

The property is accessed by the main Queen's Highway.





DUNDAS TOWN (ABACO)

3 two bed, 1 bath fourplex 9,000 sq. ft., lot no. 18b with an area for a small shop. Age 12 years the land is a portion of one of the Dundas Town
Crown Allotment parcels stretching from Forest Drive to Front Street, being just under a quarter acre in size and on the lowside. A concrete block
= structure, with asphalt shingle roof and L-shape in design with a total length of 70x26 ft, plus 50 x 22 ft., 2,920 sq. ft., the interior walls are concrete
"| blocks, ceiling is sheet rock and the floors of vinyl tiles.

Appraisal: $265,225.00

| VACANT PROPERTIES

acd oo saa Lot No. 15, Block 10, Winton Heights
All: that lot of ‘vacant land having an area of 17,144 sq ft, of the subdivision known as Winton Heights situated in the Eastern District of New Providence Bahamas. This
property is rectangular in shape and zoned multi family - single family.



' Appraisal: $171,440.00
This property is about 230ft West of Sassoon Drive and is about the third lot on the North Side of Hill Side Road.



Investment Opportunity - Must Sell

Lot No. 20, Block 1 unit 3 Fortune Point Subdivision all that lot of vacant land having an area of 12,650 sq ft, being Lot No.20 block 1 unit 3 of the subdivision known and designated
as fortune point subdivision Freeport, Grand Bahama.. duplex property zoning with a rectangle shape.

Appraisal: $38,000.00





Investment Opportunity - Must Sell - Lot B, Wilson Street, Rock Crusher

All that lot of land having an area of 10,498 sq ft, being lot B, between the subdivision known as Rock Crusher and in the vicinity of Perpall Tract situated in the western district
_ of New Providence, Bahamas. This property is zoned multi family/single family. Also located on this property is a structure comprising of a duplex at foundation level under
construction, and consisting of approximately 1,566 sq. ft. of enclosed living space with a patio consisting of 270, sq. ft. the starter bars are in place and foundation poured.
Appraisal: $97,214.00 :
Traveling West on Farrington Road take a right after the PL.P headquarters, go about midways through to Wilson Street, go though the corner all the way to the dead
end. The property is located behind the chain linked fence at the back of the yard.



Island Harbour Beach, Exuma

All that parcel or lot of vacant land containing 10,000 (80’X 100’) sq. ft. being Lot No. 9, Block 2, Island Harbour Beach Subdivision situated the western most portion of the Hermitage Estate, Little
Exuma Bahamas. The property is located on an unpaved road known as Stocking Road. The property also has a commanding view of the ocean.
Appraisal: $80,000.00



LOT NO. 10B, PALMETTO POINT

All that piece, parcel or lot of vacant land containing 9,000 sq. ft., and being Lot No. 10B situated North of Ingraham’s Pond and Eastwardly of North Palmetto Point, on the island of Eleuthera, one
of the islands of the Commonwealth of the Bahamas, and is bounded and abutting as follows:- on the north by Lot No. 3B and running thereon for a distance of (90) ft; on the East by Lot No. 11B
and running thereon for a distance of (100) ft; on the south by a 20’ wide road reservation and running thereon (90) ft on the west by Lot No. 9B running thereon for a distance of (100) Ft, the said

- Lot is overgrown with shrubs and is in close proximity of a white sandy beach. This neighborhood is zoned residential development and is quiet and peaceful with a topography of approximately
50ft and because of this there is no danger of flooding. The area is approximately 80% developed with all utilities and services available.

APPRAISAL: $72,000.00
MUTTON FISH POINT NORTH ELEUTHERA

All that piece, parcel or lot of vacant land containing 44,714 sq. ft., and designated “E” which forms a portion of land known as “Mutton Fish Point” situated about two miles northwestward of the
_ settlement of Gregory Town on the island of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and is bounded and abutting as follows:- Northwardly by the land now or formerly
the property of Coridon Limited, and running thereon for a distance of 393.13 hundredth ft.; outwardly by a 30’ wide road reservation and running thereon for a distance of 402.57 hundredth ft;
eastwardly by the main Queen’s Highway and running thereon for a distance of 109.73 hundredth ft; westwardly by land now or formerly the property of Caridon Limited and running thereon for a
distance of 110.75 hundredth ft. this property having an area of approximately 44,714 sq. ft. this neighbourhood is zoned commercial/residential development and is quiet, peaceful and has a

topography of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,421.00

MUTTON FISH POINT NORTH ELEUTHERA

All that piece, parcel or tract of land containing 1 acre situated about two miles northwestward of the settlement of Gregory Town on the island of Eleuthera, one of the islands of the Commonwealth
of The Bahamas, and is bounded and abutting as follows:- Northwestwardly by the main Queens Highway and is running thereon for a distance of 125.462 feet northwestwardly by the land now
of formerly the property of Coridon Limited, and running thereon for a distance of 390.274 hundredth ft.; southwestwardly by a 30’ wide road reservation and running thereon for a distance of 128.128
‘ hundredth ft; southeastwardly by the land now or formerly the property. of the Venor and running thereon for a distance of 322.955 hundredth ft. This property having an area of approximately
44,847.76 sq. ft. This neighbourhood is zoned commercial development and is quiet and peaceful with a topography of approximately 2 ft. with all utilities and services available.

APPRAISAL: $51,421.00



This lot is vacant land and is located in the area known as “Mutton Fish Point”

MUTTON FISH POINT NORTH ELEUTHERA

All that piece, parcel or lot of vacant land and improvements containing approximately 44,587 sq. ft. and designated “F” which forms a portion of land known as “Mutton Fish Point” situated about
. two miles northwestward of the settlement of Gregory Town on the island of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and bounded and abutting as follows:- Northwardly
by the land now or formerly the property of Coridon Limited, and running thereon for a distance of 383.56 hundredth ft; southwardly by land now or formerly the property of Caridon Limited and
running thereon for a distance of 393-19 hundredth ft. eastwardly by the main Queen’s Highway and running thereon for a distance of 113.40 hundredth ft. westwardly by land now or formerly the
property of Coridon Limited and running thereon for a distance of 113.40 hundredth ft. this neighbourhood is zoned commercial/residential development and is quiet, peaceful and has a topography

‘of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,276.00



MAC CCEA RaucMancnutl uk uel :
Philip White @ 502-3077 email philip.white@scotiabank.com or Harry Collie @. 502-3034 © email harry.collie@scotiabank.com ¢ Fax 356-3851



To view properties go to: www.stopnshopbahamas.com - Click on “Real Estate Mall” - Click on doorway “Enter Online Store”



PAGE 8B, THURSDAY, DECEMBER 13, 2007 | | THER



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THURSDAY, DECEMBER 13, 2007, PAGE 9B



Stocks give up sharp gains after
rising on Fed plan to work with
other central banks on credit

@ By JOE BEL BRUNO
AP Business Writer |

NEW YORK (AP) — Stocks
gave up sharp gains to trade
lower Wednesday after initially
upbeat investors turned cool to
a Federal Reserve plan to work
with other central banks to alle-
viate the global credit crisis. The
Dow Jones industrials, which at
one point had been up more
than 270 points, fell by about
three points.

The Fed said just before the
market opened that it has
agreed with the European Cen-
tral Bank and the central banks
of England, Canada and
Switzerland to confront what it
called elevated pressures in the
credit markets. The Fed said it
will create a temporary auction
facility to make funds available
to banks and set up lines of
credit with the European and
Swiss central banks for addi-
tional resources.

This move is the biggest con-
certed liquidity injection since
the aftermath of the 2001 ter-
rorist attacks and helped boost
investor sentiment a day after
the Fed disappointed Wall
Street with a quarter-point cut
in interest rates. Many investors
had hoped for a half-point
reduction to help the economy
weather the credit and mort-
gage crises.

But the Fed’s latest salvo did-
n’t appear to assuage all of Wall
Street’s concerns about the
spike in bad debt that has
caused the credit markets to
tighten in recent months, nor
did it sew up all of investors’
concerns about the nation’s eco-
nomic health.

“There’s still no certainty that
we're out of the woods ... there’s
still a risk for recession,” said
Steven Goldman, chief market
strategist at Weeden & Co. “We
did get very positive news from
the Fed and other banks chip-
ping in to add liquidity into the
system. But, the environment
hasn’t fundamentally changed

that the worst is over for the
financial system.”

He pointed out that the
biggest beneficiaries during a
period of rate cuts are bank and
brokerage stocks. However, the
sector was under pressure
Wednesday as investors wor-
ried the institutions will have to
take further writedowns despite
the central banks’ steps.

In late afternoon trading, the
Dow fell 50.24, or 0.37 per cent,
to 13,382.53. The blue chip
index had risen as much as
271.75, or two per cent, in early
trading.

Broader stock indicators were
narrowly lower. The Standard
& Poor’s 500 index fell 2.54, or
0.17 per cent, to 1,475.11. The
Nasdaq composite index shed
2.07, or 0.08 per cent, to
2,050.28.

Tuesday’s stock plunge of 294
points-had interrupted Wall
Street’s attempt at an end-of-
the-year rally, but Wednesday’s
performance brought the pos-
sibility of a market recovery
back to the table. The Dow is
up. more than six per cent since
falling as low as 12,724.09 on
November 26.

But analysts were enthusiastic
about the Fed’s action on
Wednesday.

“T think it’s certainly a strong
measure to ease this credit
crunch, and I think it will
encourage banks to use the dis-
counted borrowing.-If banks
won’t lend to each other, then
at least the central banks will
lend to them,” said Jack Ablin,
chief investment officer at Har-
ris Private Bank in Chicago.

The plan sent Treasury prices
falling, because the prospect of
more available credit lessened
investors’ need for the safe
haven that government securi-
ties provide. The 10-year Trea-
sury note’s yield, which moves
opposite the price, rose to 4.05
per cent from 3.97 per cent late
Tuesday.

The dollar was mixed against
other major currencies. Gold

SHEET SETS |
BED SKIRTS

BED SPREADS
‘TABLECLOTHS
THROW PILLOWS
SHOWER CURTAINS
WINDOW CURTAINS
KITCHEN CURTAINS
CHAIR SLIP COVERS

prices rose.

Investors also digested eco-
nomic data. The Commerce
Department said the U.S. trade
deficit rose in October to the
loftiest level in three months,
driven by record-high oil prices
and an influx of Chinese
imports. It also reported that
November import prices surged.

‘If inflation accelerates, it
could keep the Fed from low-
ering rates again.

Energy prices soared after the
government reported surpris-
ing declines in U.S. stockpiles
of crude oil and distillate fuels,
such as heating oil. Crude
jumped $3.66 to $93.68 a bar-
rel on the New York Mercantile
Exchange.

In corporate news, SLM
Corp., the student loan compa-
ny known as Sallie Mae, slashed
its 2008 earnings due to the
costs of replacing an interim
funding facility. The company
also disclosed it failed to rene-
gotiate a buyout with an
investor group that balked sey- .
eral months ago at its Gngina
$25 billion cash offer.

SLM shares fell $3.34, or 10.5
per cent, to $28.60.

But AT&T Inc. climbed for
the second straight session after
the telecom carrier issued solid
guidance and lifted its dividend.
AT&T was the biggest gainer
among the 30 Dow companies,
rising $2.37, or six per cent, to
$41.83.

The Russell 2000 index fell
0.86, or 0.11 per cent, to 765.41.

Declining issues led
advancers by a three to two
basis on the New York Stock
Exchange. Volume came to 1.14
billion shares.

Overseas, Japan’s Nikkei
stock average closed down 0.70
per cent, while Hong Kong’s
Hang Seng index closed down
2.41 per cent.

Britain’s FTSE 100 rose 0.35
per cent, Germany’s DAX
index added 0.83 percent, and
France’s CAC-40 advanced 0.32
per cent.

L AM PS

_ BLENDERS
- BAKEWARES
WALL MIRRORS
“SINGLE POTS & FRY PANS
CHRISTMAS DECORATIONS
PFALTZGRAFF
DINNERWARE SETS
- ANCHOR HOCKING

LADY SEYDES COMFORTER SETS GLASSWARE SETS

SALE STARTS

MONDAY DECEMBER 10TH - SATURDAY DECEMBER 15TH |
LOCATED: HARBOUR BAY SHOPPING CENTER

PH: 393-4440 OR 393-4448





PAGE 10B, THURSDAY, DECEMBER 13, 2007

THE TRIBUNE



Se ee ee
Independent retailers find
ways to deal with economy

during the holiday season

RTT)
ER eae eo ETE

Royal Island (Bahamas) Limited

INVITATION FOR EMPLOYMENT

Royal Island (Bahamas) Limited, the developers of
the Royal Island resort and residential project, an
ultra-luxury resort and private club residential
community with private residences and club, 200
slip marina and boutique hotel and spa, and a golf
course just off North Eleuthera invites suitably
qualified individuals to apply for the following
position with the company

HEAD CHEF

Duties and Responsibilities:

¢ Coordinate and manage multiple food venues.
¢ Coordinante and manage all food preparation
areas.
Budgeting and purchasing of food supplies.
Planning of menus for all food venues.

Qualifications: Must have 5 star expereince either
im a restaurant, private residence or yacht, Must
have an “attention to detail” work ethic. Willing to
take directions from management and maintain a
hands on approach. Experience in “Chef’s table”,
“Disgustation” or “tasing menu” style of dining.
The ideal candidate will have to reside on Eleuthera
or its surrounding area.

Interested persons should submit their resumes with
cover letter to:
Harcourt Management Services Ltd.
P.O.Box N-1991
Nassau, Bahamas
Fax to: (242) 356-4125
Or Email to: info@ gomezcorp.com

Royal Island (Bahamas) Limited thanks all
applicants for their interest, however only those
under consideration will be contacted.





m@ By JOYCE M
ROSENBERG
AP Business Writer

NEW YORK (AP) — At
Jeff Cassels’ jewellery store,
falling real estate values and ris-
ing gold prices are more than
news headlines — they are con-
tributors to an uncertain holi-
day season. At Joanie McDon-
ald’s clothing store, however, a
weakening dollar is turning into
a boon.

This season finds indepen-
dent retailers across the country
dealing with a new set of eco-
nomic challenges even as they
still contend with growing com-
petition from big-box retailers
like Wal-Mart Stores Inc. and
Borders Inc. That. means mer-
chants are being pressed more
than ever to capitalize on what
sets them apart from the rest of
the retail universe — merchan-
dise that’s unique and well-suit-
ed to a store’s clientele, and cus-
tomer service that’s beyond the
ordinary.

Customers of Kid Country
Toys, two specialty toy stores
in Charleston, W.Va., can dis-
pense with the screwdrivers and
bandages usually needed to put
tricyclés and other toys togeth-
er. Owner Jerry Strick said his
staff will assemble purchases
free of charge. Toys can be gift
wrapped as well.

Strick, who’s been in business
35 years, uses services that Wal-
Mart and Toys “R” Us Inc.
don’t provide to draw cus-
tomers to his store. And he
stocks brands that the big chains
don’t buy but that his customers
want.

He’s upbeat about this sea-
son, partly because business is
up slightly from 2006, but also
because he’s learned over the
years not to sweat it. So he

doesn’t believe layofts in the

IGANTIc

christmas Sa/,



area and recalls of some toys
made in China will have a big
impact on his business.

“I used to worry about the
sales, and it’s not worth it,”
Strick said. “The population in
Charleston has gone down, the
competition has gone up, and
we still hold our own, so I real-
ly don’t worry.”

But Cassels, who owns GB
Heron in Salisbury, Md., is wor-
ried about the season, having
watched real estate problems
grow and his sales decline.

“1 don’t expect good things,”
Cassels said. “We were down
about 14 per cent headed into
the Christmas season.”

Cassels said that with cus-
tomers paying more for neces-
sities like gas and food and wor-
ried about home values, “I’m
pretty much last on the line” of
spending priorities — especial-
ly since the price of gold has
shot higher in recent months,
crossing $800 an ounce for the
first time since 1980.

“The only thing I am doing
well is selling engagement rings
— people are still in love,” he
said. ;

But selling custom-designed
jewelry helps business, because
that GB Heron apart from oth-
er retailers. To lower his costs,
Cassels recently bought equip-
ment that helps create the jew-
elry faster.

Cassels, who’s in his 19th year
in business, says he never knows
until Christmas Eve how the
season has fared. It’s a hard
wait: He does 25 percent of his
annual business between
Thanksgiving and December 25.

The depressed real estate
market in Nevada has hurt Jody
Branson's gift shop, Fresh
Ideas, in Gardnerville, located
near the state capital, Carson
City. Sales are down about 10
per cent from last year.

“There’s a lot of real estate
agents and homebuyers who
would come in, but they don’t
have the money to spend with
(housing) slowing down,” Bran-
son said.

But she said, “I’m not letting
it get me down — I can’t com-
plain at 10 per cent, where
there’s another store that’s clos-
ing” nearby. Moreover, Bran-
son Said she’s built a reputation
with customers: “People know
what we have and people
always come back.”

Sometimes a negative for the
economy, such as a weak dollar,
can help retailers.

Joanie McDonald, who owns
Jennifer Reale Design, an
upscale women’s fashion bou-
tique in Delray Beach, Florida,
hears from other retailers that
business is slow and hopes are
dim for the holidays. At her
store, however, “business is
good and I’m expecting a very
strong season.”

McDonald said her success is
coming from the foreign tourists
who have been streaming into
Florida to take advantage of
currency rates as well as the sun
and sand.

“TI had a group of women in
my store today that spent $500,”
McDonald said. “I’m very
impressed with the number of
foreigners we get in and the
money they’re spending.”

There are Borders and
Barnes & Noble Inc. stores in
Austin, Texas, but Steve Bercu,
CEO of BookPeople, a huge
store in the capital’s downtown
area, has few if any concerns.

“We've had our best season
in store history each of the last
seven years and I’m expecting
this year to be another really
pretty good year,” Bercu said.

BookPeople differentiates
itself from the chains in several
ways. dt offers a big selection of

gifts alongside its massive book
inventory; Bercu estimates gifts
account for 30 per cent of rev-
enues. It also has developed its
own offbeat culture —
BookPeople is a proponent of a
tongue-in-cheek movement
called Keep Austin Weird —
and uses it as a marketing tool.

“We have a looser view of
things,” Bercu said.

BookPeople also holds pro-
grams that go beyond the typi-
cal author signings. It holds lit-
erary day camps for children of
different ages, hoping to create
a new generation of customers.

Being different has also
helped keep Plum, a Harris-
burg, Pa., women’s clothing
store in business for 40 years,
and owner Isaac Mishkin
expects that to help him
through a sales slowdown that
has also afflicted other retail-
ers in the area.

“Our year was fine until two
months ago and then had what
I'd say is a 10 per cent decline,”
said Mishkin, adding that sales ©

- look like they’re picking up

now. ©
What has worked for him is
to stock clothes that are differ-
ent from competitors’, espe-
cially the national apparel
chains. Mishkin’s clothes are
moderate to upscale, and he’ll
buy merchandise, including
some suits that can run $800 to
$900, with groups of his cus-
tomers in mind; by knowing
what they’re looking for, he
buys clothes he.knows he can
sell. He’s expecting sales to
bump higher as the season pro-
gresses, but the difficult envi-
ronment will likely shave his
sales and margins somewhat.
“When it’s all said and done,
we'll probably end up‘a couple
percent in sales and down a
couple percent in profit,” he
said. Pater

Polymers International, Limited
Queens Highway, P.O. Box F-42684
Freeport, Grand Bahama

Bahamas

Office: (242) 352-3506 Facsimile: (242) 352-2779

Polymers International Limited currently is accepting applications for the
following positions. Resumes can be mailed or dropped off at the main

office on Queens Highway.

Human Resources Manager

9100 OFF

Cash only

This person will be responsible for administering all aspects of Company
human resources and functions. This person will assume responsibility for
the effective performance of various human resource functions, including
recruiting, interviewing, hiring, payroll and for insuring corporation-wide
compliance with all related government regulations. This person will provide
recommendations to Senior Management in establishing overall human
resource objectives, policies and plans This person will ensure that Human
Resource activities are conducted in accordance with established Company
policies and within established procedures. This person will also assign,
direct and appraise Human Resources personnel.





This is not an entry-level position. The successful candidate will have

proven abilities in the Human Resources field with a minimum of 5 years
experience. Superior written and spoken communication skills, including
sincere and effective listening skills, are critical. A high degree of
organizational skills is essential. The candidate should possess a bachelor’s
degree or higher in human resources or related field of study.

Waa Nie
VAY

Information Technology Manager

The Information Technology Manager will maintain and manage all
information technology equipment and assets including file servers, network
infrastructure, software applications, and telephony systems. This person
must keep abreast of current technologies and prepare appropriate project
plans for infrastructure changes..This person will support staff and
administrative personnel IT needs.




USB Drives; Printers
Digital Photo Frames

MP3 Players; Ipod Shuffles
Digital Cameras
Children Learning Toys



The successful candidate will have a minimum of a Bachelor of Computer
Science or equivalent and a minimum of 5 years experience providing
network systems support. Technical certifications in Microsoft Windows
a plus. Applicants who additionally have experience in Microsoft SQL
server, Crystal Reports, and Platinum BatchMaster software preferred. This
position requires on-call availability 24/7, 12 months a year. This person
must also be able to work additional hours including weekends and must
possess travel documents for outside the Bahamas. If you have excellent
communication and organizational skills and are looking to work in a team
environment developing technology, mail or drop off your resume.




ViiVVVOMv



Lignum Technologies (Bahamas) Ltd.

Harbor Bay Shopping Plaza
Ph: 393-2164 Fax: 394-4971





THE TRIBUNE

THURSDAY, DECEMBER 13, 2007, PAGE 11B





US trade deficit at
three-month high

@ By MARTIN CRUTSINGER
AP Economics Writer

WASHINGTON (AP) —
The U.S. trade deficit rose to
the highest level in three
months, with record oil prices
and a flood of toys and other
imports from China swamping a
solid gain in American exports.

The Commerce Department
reported Wednesday that the
deficit for October increased to
$57.8 billion, the highest level
since July and 1.2 percent above
the September imbalance.

The widening deficit was
slightly worse than expected and
occurred even though U.S.
exports of goods and services
rose for an eighth consecutive
month, climbing 0.9 percent to
an all-time high of $141.7 bil-
lion. This gain was offset by a 1
percent rise in imports to $199.5

billion, also a record, as a surge -

in global oil prices sent Ameri-
ca’s oil bill soaring.

The deficit with China
jumped 9.1 percent to $25.9 bil-
lion, a record for a single month.

The rise reflected record
imports from China, led by large
gains in shipments of toys and
games and televisions as retail-
ers stocked their shelves for
Christmas. The demand for Chi-
nese imports is still surging
despite a string of high-profile
recalls of Chinese products from
toys with lead paint to defective
tires and tainted toothpaste.

So far this year, the trade
imbalance with China is running

at an annual rate of $256 billion, .

putting it on track to surpass last
year’s $233 billion deficit, which
had been the highest deficit ever
recorded with a single country.
Those record deficits have
.triggered a backlash in Con-
gress, with dozens of bills intro-
duced seeking to penalize China
for what critics see as unfair
trade practices contributing to
the loss of 3 million U.S. manu-
facturing jobs since 2000.
Treasury Secretary Henry
Paulson and other members of
President Bush’s Cabinet were
meeting with their counterparts
in China this week for the third
round of talks aimed at defusing
trade tensions. While minor
agreements were expected,

|





large.

the operations.

Machines.

structures,

software.

performed,






Consolidated

Invites application for the position of:

WELDER/MECHANICAL TECHNICIAN

Consolidated Water (Bahamas) Ltd. operates several Reverse Osmosis
Plants within the Bahamas. As a market leader, the Company enjoys a
reputation of providing a wholesome quality product, whilst maintaining a
strong commitment to its customers, its employees and the community at

The Company currently has a vacancy for the position of
Welder/Mechanical Technician. The successful candidate will report
directly to the Maintenance Team Leader. The Welder/Mechanical
Technician shall be responsible for preventive and predictive maintenance
and repairs of Reverse. Osmosis Plant Mechanical and Building Systems,
Additionally duties shall include. assisting with other maintenance duties of

The prospective candidate must possess the following skills:

© Shall be a Certified Welder for welding associated with

"Stainless steel and alloy steel high pressure vessels and
high pressure pipe systems.

* Shall be capable of welding utilizing Tig and Mig Welding

* Shall be responsible for performing plant mechanical
"repairs of Reverse Osmosis Plant Systems.
* Shall be responsible for repairs to Plant and Building

* Shall have a working knowledge and proficiency with
Microsoft Office and Maintenance Management -

« Ability to prepare weekly/monthly reports of work

* Must have proven history of good interpersonal skills.
* Must be prepared to work long hours, weekends and
travel to other business centers of the company.

Interested persons can forward their resumes to the following
address on or before December 14, 2007:

The General Manager
Consolidated Water (Bahamas) Ltd.
P 0 Box CR 54030
Nassau, Bahamas

there was likely to be no break-
through on the biggest point of
contention, China’s underval-
ued currency. The currency dis-
parity makes Chinese products
cheaper in America and U.S.
goods more expensive in Chi-
na.

Some of the legislation in
Congress seeks to impose penal-
ty tariffs on Chinese products
unless China allows its currency
to rise in value against the dollar

at a faster rate. But Vice Pre-

mier Wu Yi, the leader of the
Chinese delegation, delivered a
blunt threat of Chinese retalia-
tion should the United States
impose economic penalties on
China.

“IT need to be quite candid
about this: If these bills are
adopted, they will severely
undermine U.S. business ties
with China,” Wu said at the
opening of the talks with Paul-
son on Wednesday.

Exports

The gain in exports was led
by increased shipments of civil-
ian aircraft, industrial equipment
and telecommunications prod-
ucts. U.S. manufacturers have
been benefiting from a fall in
the value of the dollar against
many other currencies includ-
ing the European euro. The
weaker dollar makes U.S. goods
cheaper on overseas markets
while making foreign products
more expensive for U.S. con-
sumers.

So far this year, the U.S. trade
deficit is running at an annual

tate of $704 billion, down by 7.1

percent from last year’s $758.5
billion, putting the country on
track to see the first narrowing
of the deficit after five consecu-
tive years of record imbalances.

The import gain was led by
an 8.3 percent jump in the for-
eign oil bill with petroleum
imports setting an all-time high
of $29.6 billion in October. The
average price of a barrel of
imported crude also set a record
at $72.49 per barrel. The oil bill
is expected to rise even more in
coming months, reflecting the
fact that prices jumped to near
$100 per barrel at their peak this
fall.





Water (Bahamas)
Ltd.


































BUSINESS |

INSIGHT

For the stories
behind the news,
Peat Insight
on Montlays




The United Nations Development Programme (UNDP) is the UN’s
global development network, advocating for change and connecting
countries to knowledge, experience and resources to help people build

a better life. We are on the ground in 166 countries, working with
them on their own solutions to global and national development
challenges. As they develop local capacity, they draw on the people
of UNDP and our wide range of partners.



Vacancy Announcement No: SGP- 2007/ 0001

Deadline For Application: 21 December 2007

Position Title National Coordinator

Duty Station Nassau, BAHAMAS

An attractive compensation package based on qualifications and
experience

One Year, with the possibility of renewal

Grade Level

Duration
Post Number:
Organizational Unit GEF-SGP

The Global Environment Facility (GEF), established in 1991, helps developing countries fund
projects and programs that protect the global environment. GEF grants support projects related to
biodiversity, climate change, international waters, land degradation, the ozone layer, and persistent
organic pollutants. The Small Grants Programme (SGP) embodies the very essence of sustainable
development. SGP channels financial and technical support directly to NGOs and CBOs for
activities that conserve and restore the environment http://sqp.undp.org. GEF is establishing the
SGP in The Bahamas. | |

DUTIES AND RESPONSIBILITIES

e Effective management of the GEF-SGP (Global Enviroriment Facility — Small Grants
Programme) local team, the SGP programme and its portfolio -- from programme strategy to
individual project concept and design to technical support to SGP grantees, monitoring and
evaluation -- to ensure compliance with the overall approved global SGP Strategic
Framework, the SGP Operational Guidelines, the SGP annual work programme, the
national environmental and sustainable development priorities, as well as the annual
delivery of the national SGP targets.

e Building strategic partnerships with development partners, such as donors, foundations,
private sector and civil society, to promote SGP and mobilize resources.

e Contribution to GEF-SGP’s efforts to develop effective national, regional and global
networks for technical support and knowledge management, within the GEF SGP and with
external institution, including academia.

The Terms of Reference (TOR) may be viewed at www.jobs.undp.org .
‘MINIMUM REQUIREMENTS

e Advanced university degree in environmental economics, Business Administration or related
field |

e Atleast 5 years of relevant experience in development work, which should include
programme management preferably with an extended specialized experience in any of the
GEF-SGP focal areas. |

e Excellent analytical and writing skills

e Excellent people management and interpersonal skills

e Ability to communicate effectively

e Good negotiation and problem-solving skills |

e Proficiency in word-processing, spreadsheet, presentation, and database applications

e . Fluency in English |

TO APPLY:

Send applications including |UNDP/ GEF-SGP National Coordinator

a5 — 10 page writing Bahamas Environment Science and Technology (BEST) Commission

sample to : Office of the Prime Minister

Nassau Court, P.O. Box CB-10980

Nassau, The Bahamas

via e-mail to registry.jm@undp.org or online at www.jobs.undp.org
This vacancy is open to qualified male and female nationals of the Bahamas.

We thank you for your application but only short listed candidates will be contacted










PAGE 12B, THURSDAY, DECEMBER 13, 2007

THE TRIBUNE





Ra Se

the #1 newspaper in circulation,
just call 322-1986 today!





Royal Island (Bahamas) Limited
INVITATION FOR EMPLOYMENT







Royal Island (Bahamas) Limited, the developers of the
Royal Island resort and residential project at North Eleuthera
invites suitably qualified individuals to apply for the
following positions with the company:








Spa Manager
Must have at least 5 years experience in all aspects of
spa therapies.

e Experience with and knowledge of local spa and beauty
products.

e Acommitment to service at the highest level.











Yoga Instructor/Fitness Club Instructor
e Must have experience in fitness club industry.
¢ Qualified yoga instructor.

e Experience in the tourism field a plus.









Sous Chef
Must be able to prepare 5 star French cuisines in an
island atmosphere.

¢ Must have experience in a 4 or 5
restaurant environment.

¢ Commitment to service at highest level





star small boutique






A la Carte Waiter

¢ Must have at least 5 years experience as a waiter in a
fine dining atmosphere or highly regarded restaurant

¢ Knowledge of French inspired cuisine a plus.

e Commitment to service at highest level.









Bartender

© Must have 5 years experience in a 4 ¢ or 5 star hotel or
cocktail bar.

¢ Must have extensive knowledge of cocktails and wine
varieties.

e Experience in dealing with high level clientele.





All positions require successful applicants to reside at
North Eleuthera.




Interested persons should submit their resumes with cover
letter to:




Harcourt Management Services Ltd.
P.O. Box N-1991
Nassau, Bahamas

Fax to: (242) 356-4125

Or Email to: info@gomezcorp.com







«Royal Island (Bahamas) Limited thanks all applicants for
- their interest, however only those under consideration will
be contacted.





‘lied

Fed and central
banks move on
credit crunch

@ By MARTIN
CRUTSINGER
AP Economics Writer

WASHINGTON (AP) —
The Federal Reserve
announced Wednesday it was
coordinating with other central
banks to deal with the global
credit crunch. Wall Street ral-
after the surprise
announcement.

In a statement timed before
the start of trading in New
York, the Fed said it planned to
offer $40 billion in emergency
funds to banks next week
through an auction process.

The Fed said that it was cre-
ating a temporary auction facil-
ity to make funds available to
banks and was also setting up
lines of credit with the Euro-
pean Central Bank and the
Swiss Central Bank that could
be used for additional
resources.

The first two auctions of $20
billion each will occur next
week on December 17 and
December 20.

“This is not about particular
financial institutions with par-
ticular problems. It is about
market functioning,” said a
senior Federal Reserve official
who briefed reporters on con-
dition of anonymity because of
the sensitive nature of the
actions.

This Fed official, who spoke
to reporters on a conference
call, said that the adverse reac-
tion of Wall Street on Wednes-
day had nothing to do with the
timing of the announcement.
This official said discussions
with the other central banks

had been going on “fora
while.”
Wall Street investors

applauded the Fed’s latest

NY LOY SID
VACANT COMMERCIAL PROPERTY

Lot #90-E comprising 16,521 sq.ft. and situated on the western side
of the main eleuthera highway and approximately 2,219 ft. northerly
of four-for-nothing road in the Settlement of Lower Bogue,

North Eleuthera, Bahamas.

-_ Infrastructures are in place.

For conditions of the sale and any other information,
please contact: Credit Risk Management — Collection Unit
Phone: - 356-1685 or 356-1608, Nassau, Bahamas

Interested persons should submit offers in writing addressed to:
The Manager, Credit Risk Management — Managing Director’s Office

P.O. Box N-7518, Nassau, Bahamas

MUST SELL

VACANT COMMERCIAL PROPERTY

Lot #90-C comprising 21,430 sq.ft. and situated on the western
side of the main eleuthera highway and approximately 2,219 ft.
northerly of four-for-nothing road in the Settlement of Lower Bogue,

North Eleuthera, Bahamas.

Infrastructures are in place.

For conditions of the sale and any other information,
please contact: Credit Risk Management — Collection Unit
Phone: 356-1685 or 356-1608, Nassau, Bahamas

Interested persons should submit offers in writing addressed to:

The Manager, Credit Risk Management — Managing Director’s
Office P.O. Box N-7518, Nassau, Bahamas



effort to combat the country’s
worst credit crisis in nearly a
decade. The Dow Jones indus-
trial average was up by more
than 200 points in early trad-
ing although it later gave back
some of those gains. A day ear-
lier the Dow had plunged 294
points as investors expressed
disappointment with what they
saw as a lack of urgency on the
part of the central bank for
dealing with a credit crunch
which threatens to push the
country into a recession.

The Fed cut a key interest
rate on Wednesday but by a
quarter-point rather than the

‘bolder half-point move that

many investors had hoped for.
Economists looked more

.favorably on Wednesday’s

action, although they cautioned
that the Fed’s experiment at
finding another way to inject
cash into the banking system
had not been tested.

“Clearly, the Fed is feeling
its way in the dark here. Cur-
rent conditions are unprece-
dented in modern times,” said
Ian Shepherdson, chief U.S.
economist at High perdueney
Economics.

Analysts said the use of auc-
tions to try to get more money
into the banking system was an
acknowledgment that efforts to
spur direct loans from the Fed
to banks through the Fed’s dis-
count window had not worked
as well as hoped because of
banks’ fears that investors could
become worried if they started
utilizing the Fed’s discount win-
dow to any large extent.

In its announcement, the Fed
said it had reached an agree-

» ment with the European Cen-

tral Bank as well as the Bank of
England, the Bank of Canada
and the Swiss National Bank

to address what it termed “ele-
vated pressures” in credit mar-
kets.

The Fed said that commer-
cial banks would be able to bid
at auction for funds that would
be drawn from the Temporary
Auction Facility. The money
would be intended to help cash-
strapped banks raise money
needed to keep making loans
to businesses and consumers.

The action represented
another step by the Fed to deal
with a serious credit crunch
stemming from the tightening
of bank lending standards in

‘the wake of multibillion dollar

losses from a rising tide of
defaults on mortgage loans.

The Fed said all banks
judged to be in generally sound
financial condition by their Fed
regional bank would be eligi-
ble to participate in the auc-
tions for funds.

The first auction of $20 bil-
lion was scheduled for next
Monday, followed by another
auction of $20 billion on
December 20. The third and
fourth auctions will be on Jan.
14 and 28 with the amounts not
yet set.

The Fed said that the new
auction process should “help

promote the efficient dissemi-
nation of liquidity” when other
lines of credit were “under
stress.”

The experience gained from
the four scheduled auctions
would be “helpful in assessing
the potential usefulness” of this
new process to provide funds
to U.S. banks, the central bank.
said.

It said that the temporary
swap arrangements being set
up would provide up to $20 bil-
lion in reserves for the Euro-
pean Central Bank and up to.
$4 billion for the Swiss Nation;
al Bank. The reserves would be
available for up to six months,

Since the global credit crunch
hit with force in August, other
central banks as well as the
Federal Reserve have been
injecting massive amounts of :
money into the banking system
in an effort to keep credit flow-
ing.

However, those efforts have
only been partially successful.
Many businesses and con-
sumers report rising trouble in
obtaining loans as banks
become more fearful about
extending credit in the wake of
a surge in bad loans stemming
from the U.S. housing crisis.

NOTICE

NOTICE is hereby given that ABELJETHRO PIERRE of ©
MARIGOLD FARMS, NASSAU, BAHAMAS, is applying
to:the Minister resposible for Nationality and Citizenship,
for registration/naturalization as a citizen of The Bahamas,

and that any person who knows any reason why registration/
naturalization should not be granted, should send a written
and signed statement of the facts within twenty-eight days
from the 13TH day of December, 2007 to the Minister
responsible for Nationality and Citizenship, RO.Box N- 7147,

Nassau, Bahamas.



MUST SELL

VACANT COMMERCIAL PROPERTY

Lot #90-G comprising 18,926 sq.ft. and situated on the western
side of the main eleuthera highway and approximately 2,219 ft.
northerly of. four-for-nothing road in the Settlement of Lower
Bogue, North Eleuthera, Bahamas.

Infrastructures are in. place.

For conditions of the sale and any other information,
please contact: Credit Risk Management — Collection Unit
Phone: 356-1685 or 356-1608, Nassau, Bahamas

Interested persons should submit offers in writing addressed to:

The Manager, Credit Risk Management — Managing Director’s |
Office P.O. Box N-7518, Nassau, Bahamas








MUST SELL

VACANT COMMERCIAL PROPERTY

Lot #90-B comprising 22,376 sq.ft. and situated on the
western side of the main eleuthera highway and
approximately 2,219 ft. northerly of four-for-nothing road

: in the Settlement of Lower Bogue,
North Eleuthera Bahamas.

Infrastructures are in place.
For conditions of the sale and any other information,
please contact: Credit Risk Management — Collection Unit
Phone: 356-1685 or 356-1608, Nassau, Bahames

Interested persons should submit offers in writing addressed to:

The Manager, Credit Risk Management — Managing Director’s
Office P.O. Box N-7518, Nassau, Bahamas
















THURSDAY, DECEMBER 13, 2007, PAGE 13B



THE TRIBUNE

‘CB to make as much as $20bn
available to European banks

m By MATT MOORE
AP Business Writer

FRANKFURT, Germany
(AP) — The European Central
Bank said Wednesday it would
make as much as $20 billion
available to European banks,
in part to fill their demand for
scarce dollars, as part of coor-
dinated action with the U.S.
Federal Reserve and other cen-
tral banks.

“The Fed said its agreement
with the ECB, the Bank of Eng-
land, the Bank of Canada and
the Swiss National Bank was
aimed at addressing “elevated
pressures” in credit markets.

’ \ decline in interbank lend-
vig has produced higher Libor
iiterest rates. Libor is short-
~~ hand for the London Interbank
Offered Rate and is widely used

aS a teference rate for such
things as variable rate mort-
edges.

‘ina statement, the ECB said
it-would conduct two tenders in
cénjunction with the Fed, with
bids due on Dec. 17 and Dee. 20



that would mature on Jan. 17
and Jan. 31. The Fed will pro-
vide up to $20 billion in dollars
to the ECB “by means ofa tem-
porary reciprocal currency
arrangement,” the ECB said.

Move

The move will help the Euro-
pean central banks make more
dollar loans to banks in their
respective areas and could put
downward pressure on inter-
bank dollar rates. Markets have
long worried that since foreign
central banks can use only their
own currency to inject funds to
money markets, that has led to
a sort of squeeze on bank fund-
ing.

“It probably means that it will
give easier.access to dollar funds
for European banks,” said
Commerzbank economist
Christoph Balz, who added that
a similar move was made just
after the Sept. 11 attacks in 2001
to provide access to dollars
because “at that time there was
also a problem for accessing

dollar funds for European
banks.”

Balz said the decision, while
not unprecedented, was “a very
rare thing.”

Since the global credit crunch
hit in August, many central
banks have injected massive
amounts of money into the
banking system in an effort to
keep credit flowing. Those
efforts have only been partially
successful, as banks have
become more fearful about
extending credit in the wake of
a surge in bad loans stemming
from the U.S. housing crisis.

The U.S. central bank said
that it was creating a temporary
auction facility to make funds
available to banks and was also
setting up lines of credit with
the ECB and the Swiss Central
Bank that could be used for
additional resources.

The Bank of England said it
would increase the amount of
reserves offered at a 3-month
maturity and widen the range
of collateral accepted in tenders
already scheduled for Dec. 18

and Jan. 15. The reserves
offered will be raised from 2.85
billion pounds ($5.83 billion) to
11.35 billion pounds ($23.22 bil-
lion), of which 10 billion pounds
($20.46 billion) will be offered
at a 3-month maturity, the bank
said. ,

The bank said it would not
make any further changes to
those two auctions, but added
that it would consider changes
to operations scheduled after
January “in light of market con-
ditions at the time.”

The Swiss National Bank said

_ that in addition to its Swiss franc

operations, it would.offer a dol-
lar tender auction on Dec. 17
worth up to $4 billion. It said it
may conduct additional US.
dollar auctions, “subject to
evolving market conditions.”
Ashrat Laidi, chief foreign
currency analyst at CMC.Mar-

_kets in New York, said he was

not aware of a specific dollar
shortage, but there was a gen-
eral problem with liquidity in
all major currencies ahead of
the end of the year.

‘



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“The central banks are resort-
ing to the same sort of swap
agreements that were used right
after 9-11,” Laidi said.

“This is a short-term solution
that does not alleviate the prob-
lems of subprime loans or the
housing problems. It is unusual
that four banks are coordinating

it and resorting to swapping
instruments among them-
selves.”

Commercial banks in general
try to “dress up” the balance
sheets at the end of a year. The
crisis in the credit markets puts
extra pressure on commercial
banks this year.

€



Kingsway Academy

ENTRANCE
EXAMINATION

FOR SEPTEMBER 2008.

The Entrance Examination

will be held at the school on
Bernard Road on Thursday,
January 12,2008 from 8:00 a.m. -
1:30 p.m. for students wishing to

enter grades seven through ten.

Deadline for applications will be
Thursday,January 10.Aplications
can be collected at the Business
Office from 8:00 a.m. to4:00 p.m.

For more information please
call telephone numbers
324-8811: 324-3409: or 324-6269



WS

( Consolidated Water (Bahamas)
\

C=:

KX
RQ

Invites application for the position of:

MAINTENANCE TEAM LEADER

Consolidated Water (Bahamas) Ltd. operates several Reverse Osmosis
Plants within the Bahamas. As a market leader, the Company enjoys a
reputation of providing a wholesome quality product, whilst maintaining a
strong commitment fo its customers, its employees and the community at
large.

The Company currently has a vacancy for the position of Maintenance
Team Leader. The successful candidate will report directly to the General
Manager. The Maintenance Team Leader's role is to provide positive
leadership and demonstrative first person management by leading the
maintenance personnel in achieving the company's goals with respect to the
planned maintenance of equipment, both preventive and predictive. training
of maintenance personnel and cost management.

The prospective candidate must possess the following skills:

* Strong Mechanical & Electrical Engineering skills.

* Have demonstrative history of developing computer
basdd preventive and predictive maintenance
management systems.

* Strong PC skills, including working knowledge and
proficiency with Microsoft Office and Maintenance
Managcinent software,

¢ Ability o review weekly/monthly productivity
performance indicators of equipment & personnel,
monitor and control and report on the same.

* Ensure that maintenance planning tools are utilized
properly & efficiently and are achieving the company's
goals,

* Strong Cost Management skills.

* Must have proven history of good interpersonal skills.

* Must be prepared to work long hours, weekends and
travel to other business centers of the company,

Interested persons can forward their resumes to the following
address on or before December 14, 2007:

The General Manager
Consolidated Water (Bahamas) Ltd.
PO Box CR 54030
Nassau, Bahamas





PAGE 14B, THURSDAY, DECEMBER 13, 2007



THE TRIBUNE




“Eon the Prelate m By ROBERT GAVIN
Globe Staff
bert Ty Nc ae c. 2007 The Boston
Globe

read ‘Insight

ERIC Rosengren spent,
most of his career in the
background at the Boston
Federal Reserve, quietly con-

Re lite Nc}

A leading Law f irm with 0 fice located i in Nassau is seeking to fill the
following position .

PE ea

Applicant must:
‘have a minimum of 5 years experience as a legal Secretary
«have strong typing skills
* formal training in shorthand
‘be proficient in Microsoft Office including Word, Excel and Internet
usage
‘be self motivated and able to work without supervision

Applicants with background in Conveyancing, Banking, Civil Litiga-
tion, Wills, Immigration matiers encouraged. Medical Insurance and
Pension Plan offered.

Salary commensurate with skills and experience.

Interested persons should apply in writting to:

The Office Manager
P.O. Box N-4196
Nassau, Bahamas





ACCOUNTS CLERK

A progressive organization seeks to hire an
Accounts Clerk. The successful candidate
will be responsible for recording various
business transactions and. generating
monthly financial slaiement and reports for
management.















Qualifications
Candidate must have at least an associate
degree in accounting with a minimum of five
(5) years experience or a bachelor degree
with a minimum of (3) years experience.
Knowledge of Microsoft Excel and Quick

Books would be an advantage.



Salary range: $16,200 — $25,000 per Annum.



Qualified and interested applicants should
forward a copy of their curriculum vitae to:-







c/o The Tribune
DA Number 5405
P.O. Box N-3207

Nassau, Bahamas

All responses should be received by
December 18, 2007.







































Pricing Information As Of:
Tuesday, 11 December 200 | fe.
BS FSX & ISTED & TRADED SECURITIES « VISIT
BIS KCALE SHARE INDEX: CLOSE 2,054.
Low Securit y

eral enacremnes

Abaco Markets 1.59










: Bahamas Property Fund 11.65
9.55 Bank of Bahamas 9.55
0.85 0.70 Benchmark 0.85
3.74 1.72 Bahamas Waste 3.66
2.65 1.22 Fidelity Bank 2.65
12.02 9.99 Cable Bahamas 12.00
3.15 1.88 Colina Holdings 3.15
8.04 4.13 Commonwealth Bank (S1) 4 8.04
7.22 4.74 Consolidated Water BDRs 6.01
2.60 2.20 Doctor's Hospital 2.27
6.85 5.70 Famguard 6.85
12.80 12.00 Finco
14.75 14.15 FirstCaribbean
6.10 5.18 Foco! (S)

1.00 0.54 Freeport Concrete
7.10 ICD Utilities

8 60
10 00 7

J. S. Johnson
Premier Real Estate

52wk-L -Low Symbol
44.25 Bahamas © Supe permarkets
6.00 Caribbean Crossings (Pref)
0.20 RND Holdings



41.00 ABDAB
14.00 Bahamas Supermarkets
0.40 RND Holdings








P/E - Closing price divided by the last 12 month earnings
(S) - 4-for-1 Stock Split - Effective Date 8/8/2007
ee 3. for- at Stock Split - Effective Date 7/11/2007 +

LUO TRADE CALL: COLINA 243:602-7016"






=) FIDELITY

ducting economic research
and running the banks regu-
latory and credit operations.
‘Tuesday, the recently
appointed Boston Fed presi-
dent stepped to the forefront
in a big way.

Participating in just his
fourth rate-setting meeting at
the Federal Reserve in Wash-
ington, Rosengren cast the
lone vote of dissent, favoring
a half-point cut in the key
Fed interest rate over the
quarter-point reduction poli-
cy makers approved. In doing
so, he reflected the sentiment
of many analysts that the
economy -slowing rapidly
under the pressure of housing
and credit woes - needs
stronger medicine to skirt a
recession, economists said.

”Rosengren is very new,
and it’s surprising that he
stuck out his neck,” said Ian
Shepherdson, chief US econ-
omist at High Frequency
Economics, a forecasting firm
in Valhalla, N.Y. ”It was the
right thing to do, and I’m dis-
appointed he didn’t get his
way.”

Investors

Investors were disappoint-
ed, too, and the Dow Jones

industrials plunged nearly
300 points, or two per cent.

Dissents

Such dissents at the Fed’s
rate-setting Open Market
Committee are unusual,
although they’ve happened
more frequently under Chair-
man Ben Bernanke than his
predecessor, Alan
Greenspan, economists said.
A member of the committee
has dissented in six of the 15
meetings Bernanke has led.
In October, Thomas M.
Hoenig, the Kansas City Fed-
eral Reserve Bank president,
favored leaving the bench-
mark rate unchanged, instead
of cutting a quarter point, as
the panel approved.

The Fed uses interest rates
to manage the economy, rais-.
ing them to slow it when
inflation threatens and cut-
ting them to stimulate activity
when recession threatens.
Bernanke and others on the
Open Market Committee
don’t comment on interest
rate decisions and Rosen-
gren, through a spokesman,
declined to comment Tues-
day.

In some ways, the contra-
dictory dissents at the last

NEEDED FOR
KINGSWAY CAFETERIA

FOR JANUARY, 2008.

Kingsway Academy is seeking the serivces
of a cook to prepare mieals in the Cafeteria
as of January, 2008. Interested applicants
should collect applications from the Busi-
ness office on Bernard Road from 8:00 - 4:
00 p.m. Monday through Friday..

Successful applicants must:
¢ Be participating, commited born-again

Christian

¢ Have a minimum of at least five (5)
years experience in food handling and

preparation.

¢ Have a valid Health Certificate
¢ Have a genuine love for children and
young people, etc.

For further information please contact the

following:

Ms. Kelcine Hamilton
Academy Affairs Manager
Telephone: 324-6269 or 324-6887

Deadline for applications - Eraday, Decem-

ber 28, 2007






two meetings represent the
difficulties of gauging the
effect of the meltdown in the
US housing and mortgage
markets, and the credit tight-
ening that has followed.
Some believe the economy,
which grew at a strong 4.9 per
cent annual rate in the last
quarter, has momentum to
weather the credit crunch
with moderate stimulus, and
more aggressive moves risk

' igniting inflation.

Others believe the credit
crunch is pushing the econo-
my near recession and the
Fed needs to act boldly to
ensure lenders keep lending
and investors investing.

#4 Newcomer breaks ranks at Fed

not going to see the foreclo-
sure rate improve.”

Lower interest rates can
boost the economy and home
sales, and help stabilize
prices, economists said.

Rosengren, who joined the
Boston Fed as an economist
in 1985, also studied the eco-
nomic effects of a credit
crunch during the New Eng-
land real estate and banking
collapse of the late 1980s and
early 1990s.

Time
At the time, said Richard

Syron, then the Boston Fed
president, Rosengren’s

ey

obnsho

Rosengren, 50, became research found the credit =
Boston Fed president in July, | crunch caused by bank shut- ©
and took a seat on the Feder- downs by federal regulators
al Open Market Committee was hurting the broader 2
at its August meeting. The economy. Such a view was ao
seven Federal Reserve gover- considered ’counterculture,” ©
nors and the: president of the — Syron said, because estab- =

New York Fed have perma-
nent seats. Four seats rotate
among the other 11 Fed bank
presidents.

Analysts

Analysts said Rosengren’s
dissent was probably
informed by Boston Fed
research that showed falling
home prices, rather than ris-
ing interest rates, drive the
surge in foreclosures. Falling
home prices make it impossi-
ble for people with unafford-
able loans to sell their homes,
the research says, forcing
them into foreclosure. They

also broaden the pool of peo- .

ple who view their payments
as unaffordable, because of
the diminished prospect for a
return on the investment.
”The Boston Fed’s
research says the key driver is
housing prices,” said Brian
Bethune, US economist at
Global Insight, ”and unless
you can stop the hemorrhag-
ing of housing prices, you’re

lished economic thought sug-
gested new banks and lenders
would simply emerge to
replace those that were shut
down.

'”That’s good in the long
term,” Syron said, ’but a lot
of people get killed in the
short term”

Syron said Rosengren’s
work ultimately convinced
federal regulators that, in
determining whether to shut
down banks, they needed to
consider how the loss of
available credit'would hurt
businesses, hiring, and invest-
ment.

Syron, now chief executive
of Freddie Mac, the govern-
ment-created mortgage
financing company, said the
experience may have influ-
enced Rosengren’s vote
Tuesday.

”To dissent in one of your
first meetings is courageous,”
said Syron. ”But if you’ve
been through a credit crunch,
it’s a pretty searing experi-
ence.”

NOTICE

NOTICE is hereby given that WINSTON EAMOND FORREST
OF ALTHEA LANE OAKSFIELDB}; NASSAU, BAHAMAS, is
applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen of The
Bahamas, and that any person who knows any reason why
registration/ naturalization should not be granted, should send
a written and signed statement of the facts within twenty-eight
days from the 13TH day of DECEMBER, 2007 to the Minister
responsible for Nationality and Citizenship, P.O.Box N-7147,

Nassau, Bahamas.

a

Consolidated Water (Bahamas)

Lid.

Invites application for the position of:
CONTROLS/ELECTRICAL TECHNICIAN

Consolidated Water (Bahamas) Ltd. operates several Reverse Osmosis
Plants within the Bahamas. As a market leader, the Company enjoys a
reputation of providing a wholesome quality product, whilst maintaining a
strong commitment to its customers, its employees and the community at

large.

_ The Company currently has a vacancy for the position of Controls/Electrical

Technician. The successful candidate will report directly to the Maintenance
Team Leader. The Controls/Electrical Technician shall be responsible for
preventive and predictive maintenance and repairs. of Reverse Osmosis
Plant Control Systems and Single and Three Phase Equipment & Building
Systems. Additionally duties shall include assisting with other maintenance

duties of the operations.

Previous Close Today's Close




Change Daily Vol. EPS $ Div $ P/E Yield
1.59 0.00 0.157 0.000 10.1
11.65 ; 0.00 500 1.502 0.400 7.8
9.55 0.00 0.733 0.260 13.0
0.85 0.00 22,500 0.188 0.020 4.5
3.66 0.00 0.275 0.080 13.3
2.65 0.00 0.058 0.040 45.7
12.00 0.00 1.030 0.240 41.7
3.15 0.00 0.031 0.080 101.6
8.03 -0.01 7,450 0.426 0.260 18.8
5.96 -0.05 0.129 0.050 46.6
2.28 0.01 10,000 0.316 0.020 T2
6.85 0.00 0.713 0.240 9.6
12.75 0.00 0.829 0.570 16.4
14.60 0.00 150 0.934 0.470 15.6
5.96 0.00 0.359 0.140 16.6
0.73 0.00 -0.415 0.000 N/M,

7.25 0.00 0.411



veld cE SE eT



52wk-Low 7 Fund Name NA V
1.2647 Colina Money Market Fund 7366332"
2.9728 Fidelity Bahamas G & | Fund 3.5388***
2.4723 Colina MSI Preferred Fund 2.990218*
1.2037 Colina Bond Fund 1.282687"
11. oo Fidelity Prime tn come, f und
Lge) die eee PR AEM TS ‘
RE INDEX - 19 Dec 02 :4, 000.00 d by closing price ; NAY KEY.
52wk-Hi - Highest closing price in las aoks Bid $ - Buying price of Colina and Fidelity
52wk-Low - Lowast closing price in las weeks Ask $ - Selling price of Colina and fidelity * - 30 November 2007
Previous Close - Previous day's weighted price for daily volurne Last Price - Last traded over-the-counter price ** . 30 June 2007
Today's Close - Current day's weighted price for daily volume Weekly Vol. - Trading volume of the prior week *** . 31 October 2007
Change - Change in closing price from day to day EPS $ - A company’s reported earnings per share for the last 12 mths **. 34 July 2007
Daily Vol. - Number of total shares traded today NAV - Net Asset Value
DIV $ - Dividends per share paid in the last 12 months N/M - Not Meaningful

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

corgmecrenscenes



The prospective candidate must possess the following skills:

* Strong Single and Three Phase Electrical Repairs and
Maintenance skills with certification in the same.
Strong trouble shooting skills of Single, Three Phase
Electrical Systems, Variable Frequency Drives and
Reverse Osmosis Plant Equipment.
Must have demonstrated experience with Allen
Bradley/Rockwell Power Line Carriers/Motor Starters.
Must have a working knowledge of Schnider PLCs.
Must be familiar with navigating and’ trouble shooting
Paragon, Devicenet and Controlnet PLC Software.
Strong PC skills, including working knowledge and
proficiency with Microsoft Office and Maintenance
Management software.
Ability to prepare weekly/monthly reports of work
performed.
Must have proven history of good interpersonal skills.
Must be prepared to work long hours, weekends and
travel to other business centers of the company.

Interested persons can forward their resumes to the following
address on or before December 14, 2007:

The General Manager
Consolidated Water (Bahamas) Ltd.
PQ Box CR 54030
Nassau, Bahamas







Gr

Sah) ae

ca

THE WEATHER REPORT

paiva. 2s Ce

KEY WEST
High: 80° F/27°C
Low: 74° F/23°C

a % oe

*

Shown is today's weather. Temperatures are today's
highs and tonights's lows.

Today
High Low W

7 FIC FC
Albuquerque 48/8 28/-2 pc
Anchorage __ 23/-5 14/-10 c
Atlanta - 65/18 44/6 sh
Atlantic City 42/5 31/0 ¢r
Baltimore 42/5 34 &
Boston | 32/0 25/-3 sn
Buffalo 32/0 27/-2_ sn
Charleston, SC 78/25 57/13 pc
Chicago 34/1 22/-5 sf
Cleveland 34/1 31/0 ji
Dallas 58/14 40/4 pc
Denver 36/2 13/-10 c
Detroit 35/1 28/-2 sn
Honolulu 83/28 72/22 pc
Houston 60/15 52/11 ¢

High
F/C

Friday
Low

F/C

Ww

43/6 24/-4 c-
22/-5 10/-12

63/7

46/7

44/6 25/-3

48/8
37/2
36/2
72/22
30/-1
39/3
52/11
26/-3
34/1
82/27
66/18

-30/-1
27/-2
19/-7

52/11-

20/-6
26/-3

36/2
8/-13
22/-5
70/21
56/13

p,aogngntaonvd
2 5 oO

s

pe
pc
pe
pc
sf

sh

Indianapolis”
Jacksonville

“Las Vegas |

Little Rock ©
_Los Angeles

Louisville —
Memphis
Miami
Minneapolis
Nashville

New Orleans
New York
Oklahoma City
Orlando






Windy with showers

around.



Today
High Low W

Fc = F/C

38/3. 26/-3

80/26 56/13 pc
36/2 22/-5 pe
“57/1. 3 36/2- ve
57/3 - 36/2

66/18 45/7 a
48/8 «34 5
52/11 39/3 5
82/27 73/22 pc
26/-3 8/-13 sf
56/13 39/3 +
74/23 58/14 ‘sh
36/2 30/-1 sn
46/7 27/-2 s
83/28 61/16

82/27 71/21

TONIGHT

UN SUV



Rather cloudy with a








Mostly cloudy. Intervals of clouds
shower. and sun.
High: 82° High: 82°
Low: 72° Low: 72° Low: 72°
AccuWeather RealFeel PHAM rl tetas bal) ETON CET ea ere bit
po A 85°-75° F 85°-75° F

Friday
High Low Ww
_ Fe F/C :
37/2 25/-3 pe
eee 57/13 pe
30/1 18/-7
55/12: --34A-

66/18 46/7 s
45/7 31/0 pc
53/11 40/4 pc

12/-11 6/-14° pe

50/10 38/3. pe

70/21 61/16 pc
41/5 30/-1. pc
42/5 26/-3 sn

81/27 63/17 -¢

High: 79° F/26°C
Low: 72° F/22°C

— 6010 39/3 or

High

F/C
Philadelphia 36/2.
Phoenix 63/17
Pittsburgh 38/3"
--Portland,OR — 43/6.
Raleigh-Durham 75/23
St. Louis 42/5
Salt Lake City. 28/-2
San Antonio 64/17
San Diego 63/17
San Francisco 56/13
Seattle. 43/6
Tallahassee 80/26
Tampa 82/27
Tucson 63/17

Washington, DC 42/5

e exclusive AccuWeather RealFeel Temperature® is an index that combines the effects of temperature, wind, humidity, sunshine intensity, cloudiness, precipitation, pressure, and
ae elevation on the human body—everything that effects how warm or cold a person feels. Temperatures reflect the high and the low for the day.






Today Friday -
Low W High Low Ww
F/C FO FG
34 i ~A5/T 30/-1— pe
42/5 pe 60/15 40/4 s

30/-1 1. 38/3 .24/-4 pc
34/1-c-— 44/6 -34/1- c-

44/6 c . 62/16 41/5 pc
27/-2 pe — 38/3._-25/-3_— pe
17/-8 c -24/-4 12/-11 pe
49/9 c 62/16 48/8 c
47/8 po 64/17 47/8 $s
42/5 s 56/13 43/6 pc
36/2 26-7 48/6 38/8 =
56/13 pe 78/25 53/11 pe

64/17 pce 79/26 66/18
39/3 pe 58/14 32/0 s
38/3 sh 49/9 32/0 pc

eee



FO ee a

ly

Mostly cloudy, a Mostly cloudy, a

couple of t-storms. shower possible. *
High: 80° High: 78°
Low: 67° _Low: 65°

itera

[ _79°-63°F

AccuWeather RealFee



[| 85°-63° F

Statistics are for Nassau through 1 p.m. yesterday

Temperature
HIGH: eeescssccssessssssssussssssassansease B1° F/2T? C
LOW eccscssseae 1. 75° F/24° C



Normal high 79° F/26° C
Normal low . 67° F/20° C
Last year's NIQh ou. eeepeeeseeeseee BF° F/27° C
Last year's IOW .....secsssecssseecssesssseesssne 2° F/22° :
Precipitation
As of 1 p.m. yesterday ......eessesssereseeee O. 00"
Year to date ......... br stasesloucsteesiattearicivcins OULES:
Normal year to date ou... ees 90.20"
AccuWeather.com
Forecasts and graphics provided-by

AccuWeather, Inc. ©2007

CATISLAND
. High: 78° F/26°C
- Low:67°F/9°C

RAGGED ISLAND
~ High:81°F/27°C
Low: 64° F/18°C

Low:69°



“GREATINAGUA
High: 83° F/28°C
«:- Low:69° F/21 °C



TEE

The higher the AccuWeather UV Indexâ„¢ number, the
greater the need for eye and skin protection.

ee







Feifay inerem, 22 i on “a
Saturday tgpm 23 Saipm. 00
sent TOE Ee geome: 60



Sunrise......6:46a.m. Moonrise. ... . 9:56 a.m.
Sunset.......5:22 p.m. Moonset..... 8:59 p.m.
First Full Last New

dan. 8





Wont Cimies











Today
High Low W
F/C F/C
“Acapulco 86/30 72/22 s
Amsterdam 43/6 32/0 s~
Ankara, Turkey 43/6 «32/0 r -
Athens 55/12 46/7 +
Auckland - POPS 892" “BONS Pe
Bangkok 90/32 75/23 pc
Barbados 84/28 75/23 t-
Barcelona 52/11 36/2 s
Beijing 42/5 24/-4s
Beirut 71/21 61/16 s
Belgrade 33/0 17/-8 sf
Berlin 37/2 32/0 pe
‘Bermuda : 74/23 «66/18 pc
Bogota 63/17 48/8 sh
Brussels _ 42/5 29/-1 pe
Budapest 37/2 27/-2 pe |
Buenos Aires. : 88/31 63/17 s —
Cairo 73/22 52/11 s
Calcutta 82/27 616 s
Calgary 33/0 9/-12 ¢
Cancun 6 82/27 70/21 pc
Caracas 82/27 70/21 sh
Casablanca =i (a asti(‘(w TRB
Copenhagen _ 38/3 31/0 pc
Dublin nose 50/10 = 39/3 pe
Frankfurt 38/3 28/-2 pc
Geneva BBB 26-3 pe
Halifax 22/-5 —8/-13. pc
Havana 81/27 68/20 sh
Helsinki 36/2 27/-2 pc
Hong Kong © ‘TH25 67/19 pc
Islamabad 64/17 = 47/8 pc
Istanbul 50/10 43/6 1
Jerusalem 68/20 48/8 s
‘Johannesburg i (assi(ts«BG «STD pc
Kingston 84/28 73/22 sh
ima ees o/21 64/17 c
London 46/7 32/0 ee
“Madrid “821 27/-2 s —
Manila ; 89/31 75/23 pc -
“Mexico City ~~ fin ey Ofpo Adare se
aa 66/18 54/12 c
‘Montreal. 9 AA 44-4 sn
Moscow _28/-2 — 21/-6 sn
Munich | Bers 84/1 19/-7 sh-
_ 83/28 57/13 ¢
7121 «44/6 s
31/0 23/-5 pe
43/6 30/-1 pe-
Prague 87/2 23/-5 pe
‘RiodeJaneiro .. 76/24 67/19
Riyadh 73/22 55/12 s

SSeS 52/1

_.. 85/29 _ 75/23 s
408/42 68/20 s
88/31 66/18. s_
84/28 50/10 s
82/27 72/22 t |
68/20 61/16 5
39/3 25/-3 s



34 28/2 po”

72/22 63/17 pe _

78/25. 64/7 pe
95/12 43/6 5



86/30 72/22 t

‘41/5 36/2 sn-
38/3 23/-5 sh
-30/-1 25/-3 s.

9/-12 -14/-25 sf

Winnipeg

Weather (W): s-sunny, pe-partly cloudy, c-cloudy, sh-showers, t-thunder-
storms, r-rain, sf-snow flurries, sn-snow, i-ice, Prcp-precipitation, Tr-trace



37/2 po











THE TRIBUNE THURDAY DECEMBER 13TH, 2007

| | INSURANCE MANAGEMENT

J (BAHAMAS) LIMITED. INSURANCE BROKERS & AGENTS







UE ag aac
Friday WINDS WAVES VISIBILITY | WATER TEMPS.
High Low W WASSAU Today: E at 12-25 Knots 2-4 Feet 3-5 Miles 79° F
FC FC Friday: ESE at 8-16 Knots 1-3 Feet. 5-7 Miles 79° F
87/30 72/22 S$ FREEPORT Today: E at 10-20 Knots 1-3 Feet 4-7 Miles 78° F
41/5 32/0 pe Friday: ESE at 7-14 Knots 1-3 Feet 4-7 Miles 78° F
39/3 28/-2 sf ABACO ‘Today: E at 12-25 Knots 5-9 Feet 4-7 Miles 78° F
94/12 45/7 & Friday: SE at 8-16 Knots 3-6 Feet 4-7 Miles 78° F
72/22 61/16 pc
91/32 75/23 pc
86/30 77/25 pc
53/11 38/3 s
40/4 24/-4 s
67/19 60/15 t
26/-3 21/-6 sn
36/2 30/-1 ¢
74/23 68/20 pe
66/18 46/7 ©
- 40/4 29/-1 pc
36/2 28/-2 sf
88/31 68/20 pc
65/18 51/10 s
82/27 647 s
19/-7 10/-12 pe
81/27 72/22 t-
86/30 71/21 6
68/20 49/9 s
38/3 30/-1 pc
50/10 37/2 s-
37/2 27/-2 pc
38/3 24/-4 pe
—28/-2 16/-8 c /
30/1 on : 3 Miami:
—— ‘82/73 *
78/25 65/8 pe T-storms ieee
68/20 40/4 s =_ Cc
: l Flurries Shown are noon positions of weather systems and ;
58/14 47/8 pe =. 33 Snow precipitation. Temperature bands are highs for the day. Warm itwalitvcllie.
7996 57/13 ¢ f I Forecast high/low temperatures are for selected cities. Stationary iimgmnillie
87/30 78/25 t
45/7 —30/-1 pe
BONO 23/-5 s~
87/30 74/23. pe
_ 80/26 “57/3. ‘pe
26-3 6/-14 sf
27/-2 23/-5 sf





eS

1g





- 28/- 2

76/24

50/10 36/2 pc
__ 86/3



75/23 _

~ 76/24.
52/11

"= 372

42/5
29/1
32/0
4/-15

0.

_21/- 6 pe

55/12 s
74/23 _t

65/18 pc

66/18 pe
40/4 s_

-16/-8 sf
72/22 1a





Pp AGE. 16B, THURSDAY, DECEMBER 13, 2007



BUSINESS

THE TRIBUNE

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Nassau ¢ Freeport ¢ Port Lucaya



Baker’s Bay opponents
‘astounded’ by the PM

@ By NEIL HARTNELL
Tribune Business Editor

OPPONENTS of the multi-

million dollar Baker’s Bay Golf

& Ocean Club age fuming over
an alleged snub by Prime Min-
ister Hubert Ingraham, their
attorney claiming that he did
not respond to their requests
for a meeting over a project that
is “economically useless for the
Bahamas”.

Fred Smith, the Callender’s
& Co partner representing the
Save Guana Cay Reef Associa-
tion, told The Tribune that his
clients were “astounded” that
the Prime Minister would trav-
el to Abaco to meet the Baker’s
Bay developers and Hope
Town District Council, but not
them.

Mr Smith said: “We find it
astounding that the Prime Min-
ister should choose to visit the
developers of Guana Cay and
the Hope Town District Coun-
cil” but not visit the residents,
and Bahamian citizens that
comprise the Save Guana Cay
Reef Association.

“farlier in the week, when
we discovered the Prime Minis-
ter was going to visit Guana
Cay, we requested through His
secretary that he also make time
to visit with them in Abaco. We
received no response to that
request.”

Mr Ingraham had said dur-
ing his visit that there was “no
basis” for any further opposi-
tion to the Baker’s Bay project,
being conducted by Arizona-
based Discovery Land Compa-
ny.

He said of the development:
“The Government of the
Bahamas is satisfied that the
development of Baker’s Bay
is in the public interest of the
Bahamas, and we will do what-
ever is necessary to ensure that
we effectively support and
facilitate and accommodate the
development.

“It is contributing signifi-
cantly to the economy of Aba-
co, as it is producing in terms
of wages some $1 million per
month. From a government

oint of view, that means that
200,000 of that comes direct-

ly back to the
public trea-
sury as rev-
enue. Addi-
tionally, they
are accessing
lots of goods
and service
f r o m
Bahamian
suppliers and
contractors
and we wish
we had many ©
more like them.”

To that, Mr Smith replied:
“The Prime Minister is miss-
ing the point. [tis not about
whether Baker’s Bay is the
best development in. the
Bahamas.

“It is inappropriate for the
location. Lt is economically use-
less for the Bahamas. It is a
gated community for affluent
foreign investors. It is being

built mostly by foreign labour..

No Bahamian on Guana Cay
has any of the tax exemptions
available to the foreigners. We
consider this discriminatory.

“Instead of empowering

Bahampans by giving them
Crown Land on Guana Cay, it
has been given to foreigners
for profit.”

The notion that Baker's Bay
is “economically useless” for
the Bahamas to likely to find
little support among Baker’s
Bay’s developers.

Michael Meldman, Discoy-
ery Land Company’s chief
executive, said at the weekend
that the developers had spent
more than $160 million on the
Guana Cay project, and are
likely to double that invest-
ment within the next year.

“The. project from a land
standpoint - just a lot sale
standpoint - will be in excess $1
billion - maybe $1.5 billion just
in land sales.” he added.

This was before homes were
constructed, Mr Meldman
explained. He added that the
lots were priced at $2.5 -$10
million.

“So, let’s say you have a $4
million lot. and build a 6-10,000
square foot house. The actual
cost that will come to the econ-
omy will be another $6-8 mil-



lion, so if you have 300 houses
it would be $3 billion,” Mr
Meldman said.

“So the build out of the pro-

ject as it equates to the Stamp

Tax will be hundreds and hun-
dreds of millions of dollars. It is
a significant economic impact
to the economy of Abaco.”

‘Mr Meldman said $40 mil-
lion of the $65 million cost of
the marina has been spent, and
within six to eight months the
golf course should be nearly
done and a few dozen: homes
under construction

“Of the 250 lots available,

90 have been sold, and within

90 days construction will begin

on about 20 of them,” he
added.

Many observers believe the
litigation over Baker’s Bay
should be settled, given that
Discovery Land Company are
legitimate investors who
appear to be fulfilling their
pledges and commitments out-
lined in the Heads of Agrée-
ment they signed with the
Government in 2005.

Yet Mr Smith told The Tri-
bune: “The Association
intends to continue its pursuit
of, justice. We have com-
menced a number of actions,
and we are waiting for the

judgment of the Court of

Appeal. We intend at every
stage in the future to protect
and promote our rights.”

He argued that it was not for
the Prime Minister to deter-
mine whether there was any
legitimate basis for Baker’s
Bay to go forward. but the
courts.

“The only thing the people
of Guana Cay are doing is
holding the Government and
developers to legal account,”
Mr Smith said.

Fe added that the process
should encourage legitimate
investors because it showed the
rule of law was in force in the
Bahamas. +

Referring to the Prime Min-
ister,,Mr Smith said: “If he
wants to promote investment
that feels safe in the Bahamas.
he should focus his energies on
getting the judiciary sorted out.
and improving their salaries.”

iLL DONATE OF NE : $ DOL LAR $ FROM

" |THE BAHAMAS TO HELP SUPPORT ee
OR CHILDREN IN NASSAU. BN

men hi, 2008



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q f} f ‘ oth ee. . , ae ot - no , 6 oka ae
fig Valia for all Florida Airports - - YOIneS



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Bd

=» The Tribune

fl ODN ~ ?'m lovin’ it. |





Volume: 104 No.20

WINDY WITH |
* SHOWERS

Ingraham: officers in





SOF |
70F |

Bahamas can be reluctant
to pursue allegations
against public officials

By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

PRIME Minister Hubert Ingra-
ham has expressed concern that
the Royal Bahamas Police Force
sometimes exhibits “reluctance”
to pursue allegations made against
public officials.

On Tuesday evening, Mr Ingra-

ham suggested in the House of

Assembly that his observation that
the Canadian police were “able to
deal” with such allegations was a
factor in his decision to send two
senior officers to spend a year gain-
ing exposure to their policing.
The prime minister made these
statements ’as he sought to respond
to what he called “some very ill
informed comments” about his
decision that assistant commis-
sioners Ellison Greenslade and
Marvin Dames, currently with



alUey-Va mano] eclare lan

responsibility for crime and the
New Providence district respec-
tively, would be offered the oppor-
tunity to experience the Canadi-

SEE page 20

PM to attend Freeport Container
Port Phase V groundbreaking

mâ„¢ By DENISE MAYCOCK

Tribune Freeport Reporter

dmaycock@tribunemedia.net

FREEPORT - Prime Minister Hubert Ingraham will be in
Grand Bahama on Thursday morning for the official ground-
breaking of Phase V expansion at the Freeport Container Port.

Mr Ingraham is expected to speak at the ceremony which starts
at 10am. Grand Bahama Port Authority executives CEO Sir Albert
Miller and President Albert Gray are also expected to attend.

The FCP is a joint venture project between Hutchison Port
Holding, which is a subsidiary of Hutchison Whampoa Ltd of
Hong Kong, and the Grand Bahama Port Authority.

SEE page 19













* 10 Pes. Chicken
2 Laiye Sides
¢ A Biscuits










ISA TODA

BAHAMAS EDITION

PRICE — -75¢ |

OBITUARIES «

eT Ta Lt Lt
IN TODAY’S TRIBUNE

Tim Clarke/Tribune staff




29-YEAR-OLD Marlon Smith
of Pinewood Gardens being
taken to court yesterday.










A FOURTH man charged
in connection with the shoot-
ing death of Samuel
“Mouche” McKenzie was
arraigned in Magistrate's
Court yesterday.

McKenzie, 35, who was out
on bail for murder, was:
gunned down in broad day-
light on November 22 on Wil-
son Street, off Hay Street,
according to reports.

Marlon Smith, 29, of Ava-
cado Street, Pinewood Gar-
dens, was arraigned before
Chief Magistrate Roger
Gumez at court one Bank
Lane yesterday afternoon in
connection with McKenzie’s
murder. Police have charged
Smith, Dashino Wilson, 27,
Adrian Edgecombe, 31, and
Stephen Stubbs, 32, of Ridge-
land Park west with McKen-
zie’s murder.

Police have also charged
the three men with conspir-
ing to attempt to murder
McKenzie, as well as attempt-
ing to murder and conspiring
to attempt to murder Keith
Woodside. Woodside. was
also wounded during the
shooting. Wilson, Edgecombe ~
and Stubbs were arraigned on
the charges last week.

Smith, who is represented
by lawyer Dion Smith, was not
required to plead to the
charges. He was remanded to
Her Majesty’s Prison. The
case was’ adjourned to Janu-
ary 21. Prosecutors intend to
proceed with the matters by
way of a Voluntary Bill of
Indictment, which means that
the matters will go directly to
the Supreme Court.







Shane Gibson
defends PLP’s
actions in office

@ By TANEKA THOMPSON
Tribune Staff Reporter

tthompson@tribunemedia.net

FORMER PLP minister of
housing Shane Gibson yesterday
defended his party’s actions in
office amidst a flurry of criticism
on the current state of the Min-
istry of Housing.

During an interview with The

SEE page 20

Daniel Smith death inquest
adjourned until January —

THE inquest into the death of Daniel Smith, son of the late Anna
Nicole Smith, was adjourned to January 28 next year.

Prosecutors have indicated that there has been some difficulty i in get-
ting some of the foreign witnesses to appear at the inquest to give evi-
dence.

The inquest began in October following a six-month delay. The mat-
ter resumed before Magistrate William Campbell this week as prose-
cutors called several witnesses to the stand, including a local patholo-
gist and police officers who were involved in the investigation into
Smith’s death.

Daniel died on September 10, 2006, while visiting his mother at Doc-
tors Hospital — three days after she gave birth to her daughter Dan-
nielynn. This week local pathologist Dr Govinda Raju testified that
based on toxicology reports, Smith had died as a. result of a lethal
combination of the drugs Methadone, Zoloft and Lexapro.











































Shane Gibson


























Deputy PM denies
foreign mission
in Beijing closure
allegations

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



DEPUTY Prime Minister
Brent Symonette denied accusa-
tions levelled against him by for-
mer foreign affairs minister Fred
Mitchell that he was attempting
to protect the financial interests of
his friends and allies by seeking to
sabotage the accessibility of the
Chinese market by closing the
Bahamas’ foreign mission in Bei-
jing.

On the Prakaly said Mr
Symonette, the Ministry of For-

SEE page 20

Final witness
takes stand in
Pinewood case

@ By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net

. THE FINAL witness took the
stand yesterday, and another nar-
rowly missed being arrested, as
the ‘testimony phase of the
Pinewood election court case end-
ed. .

The morning session began
with PLP’s chief counsel Philip
“Brave” Davis requesting that the
court use its “coercive powers”
to secure the attendance of Rick-

» ey Dion Miller - a voter being

challenged by the PLP - who
again failed to appear before the
court.

SEE page 20

| Parliamentary

pensions list
tabled by PM
in the House

PRIME Minister Ingraham
tabled a list of all parliamen-
tary pensions in the House of
Assembly on Tuesday. The list
was made up of 65 members
and contains the monthly and
yearly salaries. of each pension-
er, along with the date pay-
ments began.

Currently, parliamentarians
contribute six per cent of their
salaries to pensions, and receive
pensions after serving for at

SEE page 19



an


PAGE 2, THURSDAY, DECEMBER 13, 2007

THE TRIBUNE



LP

%

COMMONWEALTH
BANK

4th ANNUAL CUSTOMER
APPRECIATION WEEK

“Celebrating the Champions
of our Success”

Thank You!

Commonwealth Bank would like to thank our most

valued customers as we celebrate you this week.

We appreciate your support and trust and assure

you that we will continue to provide you with the

unmatched service you have come to rely on. :

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Stonefish warning for

divers and swimmers

DIVERS and swimmers
alarmed by the invasion of
Bahamian waters by ven-
omous lionfish were yesterday
warned about a new menace
— the potentially deadly
stonefish.

This creature carries more
poison than any other fish in
the world and releases it
through 13 stout spines in its
dorsal fin. It is believed to have
killed many islanders in the
Pacific and Indian oceans
before European migration
began.

The warning came yester-
day from Dr Dean Tsere-
topoulos, of Lyford Cay, who
said its presence posed an even
bigger danger than lionfish,
which are being sighted in
increasing numbers around the
Nassau shoreline.

Aquariums

Neither the lionfish nor
stonefish are native to the
Bahamas, but experts believe
they could be escaping from
aquariums, possibly in the
eastern United States. Others
say hurricanes have moved the
fish into “foreign” waters.

Dr Tseretopoulos said
stonetish were “of significant
concern” because their venom
was potentially lethal and
more toxic than that of lion-
fish. He said an anti-venom is
available from Australia,
where it flourishes in large
numbers.

The doctor’s comments fol-



low growing concern among
divers and snorkellers about
the increasing numbers of
colourful lionfish around
Bahamian reefs.

He said he had recently
treated a patient who had been
“stuck” by one or other of the
venomous species, and had
written an article for Lyford
Cay residents highlighting the
dangers.

Someone swimming on the
southern end of Clifton Bay
Beach was stung on the toe on
October 28, and it was pre-
sumed a lionfish was responsi-
ble.

“Tt causes a very intense
pain that is described as more
painful than that from a
stingray,” wrote the doctor.

“Blistering can also occur.
Rare fatalities have been
reported. The immediate treat-
ment would be to immerse the
affected tissue in hot water 42-
44 degrees Celsius for as long
as it takes to relieve theypain.

“X-rays may need to be per-
formed to exclude the pres-
ence of an embedded spine.
Local anaesthesia may also be .
necessary, as might antibiotics
and tetanus prophylaxis.”

Dr Tseretopoulos added
that in no circumstances
should anyone try to pick up
or touch-one of these fish, alive
or dead.

While the lionfish is highly
distinctive in appearance, with
beautiful flowing spines, the
stonefish is less conspicuous,
being well-camouflaged in a
reef environment.

THEM ALLA |
MARATHON

Tel: 393-4043

Open tonight
until 9p.m.

In fact, they look like coral
or encrusted rocks, being
largely grey or brown in colour
with patches of red, yellow or
orange. They also bury them-
selves in sand, using their huge
pectoral fin to cover them-
selves.

Length

Though usually about 35
centimetres in length, they
have been known to reach 50
centimetres, living mainly on
rubble bottoms, or around
coral reefs.

Like the lionfish, the stone-
fish is most prevalent in Indo-
Pacific waters, with a signifi-
cant concentration near Aus-
tralia, especially The Great
Barrier Reef.

Stonefish eat fish and crus-
tacea, striking with such speed
that only special cameras can
record them in action.

OWE Te leserd|
Art Gallery’s

reception
office closed
for renovations

THE National Art
Gallery’s reception office

in the annexe building has
been closed for renova-
tions.

The reception office and
staff have now been moved
to the second floor of the
main gallery building at the
top of the stairs to the left.

Other gallery spaces are
still open with the exhibi-
tion Bahamian Art: Pre-
Columbian to the Present is
still on view.

The gallery’s telephone
numbers, as well as inter-
net/e-mail set-up, are in
transition. Answering calls
may be sporadic.

The gallery management -
has apologised for any
inconvenience.
























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THE TRIBUNE

THURSDAY, DECEMBER 13, 2007, PAGE 3



Man to appear
in Freeport
court over
Grand Bahama’s
14th homicide

A 26-year-old male is set to
be arraigned in connection with
Grand Bahama’s 14th homicide
— that of Julian Nicholls — who
was killed on Friday, Decem-
ber 7.

The man will appear in the
Freeport magistrate’s court at
Jam tomorrow.

Mr Nicholls, 22, was the
country’s 75th murder victim.
He was found alive, but with a
bullet lodged in his head on Fri-
day morning.

He was taken to Rand
Memorial Hospital and arrange-
ments were made to airlift him
to the Princess Margaret Hos-
pital, however he died at
{2.05pm while those prepara-
tions were being made.

Film on Harry
Oakes to be
screened tonight
on Chanael Four



MURDER MYSTERY: Sir Harry
Oakes.

A DRAMA documentary
about the Sir Harry Oakes mur-
der case in Nassau is about to
get its second showing on
Britain’s Channel Four televi-
sion.

The film, much of it shot in
Nassau last year, will be
screened tonight to an audience
expected to top two million.

Producer Matthew Wortman,
who jokingly refers to the film
as a “down and dirty low-bud-
get drama documentary”, told
The Tribune: “It’s done sur-
prisingly well. The programme
reveals compelling new evi-
dence on what’s been described
as the greatest murder mystery
of all time.”

Wortman and his film crew
spent a week in Nassau during
September; 2006, interviewing
local figures with knowledge of
the case.

When it was first shown a
year ago, it attracted a very
good audience by Channel Four
standards. Sir Harry Oakes, a
multi-millionaire former gold
prospector, was murdered at his
home, Westbourne, on West
Bay Street, in July, 1943.

His son-in-law, Count Alfred
de Marigny, was later tried for
his murder and acquuitted.

The case remains unsolved to
the present day.

iro trie University:
Important notice

All persons who attend-
ed Selma University are
asked to send their con-
tact information to cfer-
gi@coralwave.com or
call 324-2436 as soon as
possible. A scholarship
and other items are
being planned for 2008.



on Olga amid reporte

deaths in Caribbean

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

NEARLY two weeks after
the end of the 2007 storm sea-
son newly formed Tropical
Storm Olga has reportedly
killed at least four people in the
Caribbean leaving deadly floods
and landslides in parts of Puer-
to Rico and the Dominican

Republic, the Associated Press .

reports.

According to the National
Hurricane Centre in Miami,
Olga is the 10th storm in the
record books that has devel-
oped in the month of December
since record keeping began in
1851.

On Tuesday, tropical storm
warnings and watches were
issued for parts of Haiti, the
Dominican Republic, the south-
eastern Bahamas and the Turks
and Caicos islands. Up to press
time on Wednesday Olga was
moving at 20 miles per hour
with maximum sustained winds
of 40 miles per hour.

Accuweather forecasters pre-
dict Olga will pass south of The
Bahamas while southeast
islands such as Long Island may
experience storm effects.

New Providence may also
experience gusty winds and

enhanced rains as a result and

possibly one to two inches of

rainfall over the next two days.
Two to four inches of rain is
expected over eastern Cuba.

“It’s a minimal tropical storm,
we do expect it to weaken and
most likely Olga will be down-
graded to a tropical depression
(on Thursday),
er meteorologist told The ‘Tri-
bune yesterday.

At | pm Wednesday, the cen-
tre of tropical storm Olga was
about 85 miles or 135 kilome-
tres southwest of Guantanamo,
Cuba. Olga is expected to tray-
el south of Cuba towards the
western/northwestern Bahamas
and end up in the Yucatan by
mid-Friday, forecasters said.

As the region deals with the
damage wreaked by this newly
formed cyclone, residents in
family islands most devastated
by the passing of Tropical
Storm Noel in late October are
struggling to return to a normal
life.

Cat Island, Exuma, and Long
Island were the most affected
by Noel which caused power
outages, created water short-
ages and heavy flooding in its
wake.

Crystal Glinton, First Assis-
tant Secretary at NEMA told
The Tribune yesterday that as

* an Accuweath- °'

the mass flooding has subsided,
persons left with damage to
homes, crops, and vehicles have

“a government avenue for assis-

tance. To assist flood victims, a
Declaration of Exigency has
been issued by the Ministry of
Finance for the urgent needs of
goods specified. Under the dec-
laration between November 15,
2007 and March 31 2008, qual-.

- ified persons are able to import

the following items duty free:

¢ building materials, electri-
cal fixtures and materials,
plumbing materials, household
furniture and appliances

e supplies for the recon-
struction and repair to green
houses, poultry houses, to repair
irrigation systems, items for the
re-establishment of nursery
stocks, and items required for
fencing

° fishery equipment such as
galvanized sheeting and other
materials used in the construc-
tion of fishing habitats, fishing
boats, gear and apparatus.

e motor vehicles, molerey:
cles and golf carts.

Family islands eligible under
this declaration are Acklins, Cat
Island, Crooked, Eleuthera,
Exuma, Long Cay, Long Island,
Rum Cay and San Salvador.

“All persons on those affect-
ed islands are entitled to apply

Mortician confident of beating off
competition for stand-up poses

A NASSAU mortician claims
he can beat off all-comers in his
bid to make sit-up and stand-up
poses a new trend at public view-
ings.

Ted Sweeting, the man whose
unusual pre-funeral presentation
of designer Harl Taylor caused a
furore last week, is determined to
make “outside the box” displays
of bodies.a growing trend.

And he says several people
have already shown an interestin
his enterprising methods since
Mr Taylor was displayed sitting
at a table surrounded by flowers
tor his public viewing.

When he heard that another
mortician was planning to
upstage him by using.a stand-up
pose, he said: “They can’t even
lay off bodies properly, so how
are they going to make them
stand up?”

He said only properly trained
morticians who had gone

through a US apprenticeship

would have the skills to show
bodies in a sit-up or stahd-up
pose.

“This kind of thing comes with
age and experience. They see it
but they don’t know how it’s
done. They are clamouring their
mouths because they hate to see
me take the glory.”

Mr Sweeting’s Colonial Mor-
tuary in Blue Hill Road was the

focus of intense media activity
‘last week when more than 3,000

Bahamians trekked through his
premises to see Mr Taylor.

“T can do it because I have the
skill,” he told The Tribune, ‘|
am prepared to do freemasons
in full regalia, servicemen in full
uniform, motor-cyclists on their
motor-cycles and many other

scenes. It all depends what the
customer wants. It’s not for
everyone because it doesn’t fit
everyone. But at least people
know there is someone here in
the Bahamas who can do it.”
Mr Sweeting said that in future
he might have to charge a little
more for “special” displays
because they take more time.

“IT have had positive com-
ments, even from those who had
put me on the backburner. [ had
to pull a rabbit out of the hat to
get back on top and I did it,” he
added.

“To do this kind of thing prop-

CORRECTION

City.Markets published a Pepsi. ad in
today's paper that reads, Buy | get 1
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City Markets apologies for any

inconvenienced caused.



erly, you have to have real skill in
embalming and the restorative
arts. It is an art and science.
Many morticians don’t know
where to start when they go into
the preparation room.”

He said his “stand-up break-
through” would come when the
occasion demanded it. “I can’t
do anything without God,” he
said,

“No-one thought of doing any-
thing dike this until I did it. This is
history in the making in the
Bahamas because | am the first
of all mortictans from way back
to do it.”



DECEMBER SPECIAL
ci a oe

Village Road Near Shirley Street
Tel: 394-0323/5 OR 394-1377



NOW :
= nm
sani Rane) 1h

ek Seer

HOME FOR THE



18 HOLLY WREATHS |











Ramon Espinosa/AP Photo

PEOPLE evacuate from the rising waters of the Yaque River
caused by Tropical Storm Olga in Santiago de los Caballeros,
Dominican Republic, yesterday.

once they’re qualified. We want
persons to apply (now) because
there is a short window of time
— up until March to apply.”
Eligible persons can apply
through applications which are
verified by island administra-

tors who will forward the forms
to the relevant agencies for
approval.

Any reported misuse or
abuse, such as re-selling of the
goods imported will lead to
seizure of the items, she added.

Fabulous Christmas |
Shopping at
ie “Mat ISON DECOR

&

THE PRITCHARD DESIGN GROUP
SLinited

Nassau’s Premier Store

For Gifts & Home Seog

Gift Certificates
Available

7 DAYS A WEEK FOR YOUR SHOPPING Ca

Bayparl Building on Parliament Street
Telephone: (242) 323-6145
Harbour Green Shops:at Lyford Cay
Telephone: (242) 362-6527, Fax: (242) 326- 9953
P.O. Box N-121, Nassau, N.P., Bahamas
email:pritcharddesigngroup@coralwave.com

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PERFECT HOLIDAY NEW | 4:40 [3:35 [NA | 6:10 | 8:35
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4 The Tribune wants to hear
from people who are making
news in their neighbourhoods.
Perhaps you are raising funds
f 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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Home F ee

Madeira St. [242] 325-8233 » Robinson Rd,[242] 322-3080 * Fax:[242] 322-5251

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ema ay
PHONE: 822-2157


PAGE 4, THURSDAY, DECEMBER 13, 2007

THE TRIBUNE



EDITORIAL/LETTERS TO THE EDITOR



The Tribune Limited

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

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

SIR ETIENNE DUPUCH, Kt, O.B.E., K.M., K.C.S.G.,
(Hon.) LL.D., D.Litt.

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B.
Publisher/Editor 1972-

Published Daily Monday to Saturday

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

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

Bahamas adding to global warming

AT THE dawn of the fourteenth century a
new spirit was stirring in Italy — it was a spir-
it that was to awaken a renaissance in Man
and give him new prominence in a universe
filled with mystery and challenge.

Scholars have described the Italy of that
period as a kind of “petri” dish for the devel-
opment of culture. It was an age when Man
was coming into his own. Humanists were
nudging the God-centred Middle Ages into
the background. Secular education produced
the men needed to manage the mercantile
and political world of the Mediterranean.
Artists, writers, linguists, scientists and traders
flourished and left their indelible stamp on
this peninsula that jutted like a heeled boot
into the Mediterranean. Suddenly men of the
Renaissance became aware that the world
was theirs and with a bit of wit they could
fashion it to their will.

Over the centuries, as this spirit gradually
embraced other continents and encircled the
globe, Man not only triumphed against great
odds, but also presided over many tremen-
dous failures — changing the course of histo-
ry and propelling it in many disastrous direc-
tions by cataclysmic misjudgments. Man in
our lifetime has ventured to the moon, left his
footprints there and returned triumphant to
Mother Earth.

However, in all of this apparent brilliance
and human power, he was not smart enough
to understand the delicate balance of a uni-
verse that had nurtured him and permitted
him to stride over it like a colossus.

It is now payback time. And the Earth is
reacting with a destructive vengeance to cen-
turies of human abuse.

Global warming, dismissed by many as a
figment of the overheated brain of some sci-
entists, has now been accepted as an
irrefutable reality. A reality that we ignore at
our peril. It is now acknowledged that Man is
the main culprit and architect of his own
destruction.

He either has to mend his ways, or an
angry Nature will destroy him.

In Japan giant jellyfish —6ft 7 inches in
diameter and weighing 440 lbs — suffocated
by pollution and over fishing in the Sea of
Japan have uprooted themselves from the
bottom of the ocean, and floated to the sur-
face. They now wreak havoc on Japan’s fish-
ing industry by destroying fishermen’s nets
and crushing the fish. Instead of anchovies,
salmon and yellowtail in their nets, these nets
are weighed down with jelly fish.

The Japanese decided to chop them up
and throw them back into the ocean only to

find to their horror that they were multiplying.
It was recently discovered that every piece

chopped off the whole can regenerate itself -

and produce thousands upon thousands more
jellyfish.

Here in the Bahamas we have been inun-
dated with a stranger to our waters. The
predatory Lionfish from the Pacific, which
has no natural predator in the Atlantic. These
fish threaten our marine resources, especial-
ly juvenile fish, lobster and crabs. They could
deal a mortal blow to our fishing industry.
Bahamian fishermen have been encouraged to
spear them.

Coral reefs in the Caribbean are dying and
reefs around the Bahamas are threatened—
again by pollution, overfishing and warming
seas. Parrot fish are crucial to maintaining
healthy reefs. They feed on the seaweed and
algae, which, if left unchecked, will destroy
the reefs. They should be protected.

The UN’s Human Development Index has
predicted that an increase of one metre in
the sea level would permanently submerge
about 11 per cent of the land area of the
Bahamas.

Bahamians have gone about their business
as though the little they contribute to global
warming would be so minuscule that a change
in their way of life would do little to help the
situation. Pollution, they reasoned, was the
fault of the industrialised nations and it was
their scientists who had to come up with the
solutions.

However, Bahamians were brought up
short a few weeks ago when the UN in its
2007/2008 Human Development report
announced that if all countries were to emit
carbon dioxide at levels similar to the
Bahamas, the world would exceed its current
CO2 output by over 200 per cent. Although
small in geographic size the Bahamas’ emis-
sion levels per capita are above those of all
other Latin American and Caribbean coun-
tries with similar population size.

And so we are digging our own watery
graves. But what are we going to do about it?
Are we going to continue to be the ostrich —
tail feathers exposed to a mocking world with
head buried deep in the hot sand?

It’s little wonder that our carbon dioxide
levels are the highest in the region. -This small
island — 21 miles long by seven miles wide —
has 119,404 registered vehicles on the road.
And to judge from the daily traffic jams, it
would seem that they are all in use adding to
the morning and evening traffic gridlock —
and frustrating citizens getting to and from
home and work.



FRIDAY

SATURDAY

Cn Ly!

#78 Mlackey Street,
Adjoining the Cottage
Garden, between
Palmdale Ave. G
Rosetta St.
393-3538

Confessing
political sins

EDITOR, The Tribune.

MR RAYNARD RIGBY.
did what none of the PLP
members of parliament were
able to gather the guts to do
and that is confessing their
political sins.

Mr Rigby, even though he
made many blunders, “talk-
ing fool”, sacrificing his own
integrity to save a dying party,
was man enough to make
amends to the Bahamian peo-
ple by distancing himself from
the childishness of his party.
He obviously does not want
to be grouped with the likes of
Fred Mitchell, Alfred Gray,
Shane Gibson, Allyson Gib-
son, Vincent Peet, Bradley
Roberts and, of course, Perry
Gladstone Christie.

Mr Rigby let it all hang out,
by admitting that the PLP was
really not operating in the best
interest of the Bahamian peo-
ple. He stopped short of con-
demning the PLP for chal-
lenging the Pinewood, Marco
City and Blue Hills election
results.

Even Mr Rigby, who not
long ago was willing to
become a martyr for the PLP,
knows that the depths to
which the PLP has sunk since
experiencing the humiliating
defeat at the polls, is not set-
tling with Bahamians. In fact it
is downright embarrassing and
humiliating for PLP who cher-
ish the rich legacy to be wit-:
nessing their party on “the last
mile of the way”. Of course
today’s PLP does precious lit-
tle to resemble the PLP of the
late 60s.

Maybe before Mr Rigby
completes his time in office as
chairman, he would be able
to convince the remaining
members of the PLP leader-
ship that corruption that
seems to follow some of them
wherever they go, is not the
most attractive to be attached
to any organisation, let alone a
political party.

Maybe Mr Rigby could con-
vince Dr B J Nottage to stop
worrying about what the FNM
has or will find that would fur-
ther bury the PLP. He should
be more concerned who might
“back stab” him this time at
the next convention, presum-
ably in February of next year.

Finally Mr Rigby would
redeem himself if he com-
pletely exposed the same peo-
ple who he defended, even
though his conscience both-

Dyess

letters@tribunemedia.net



ered him so much while he
was doing it, then and only
then would he find peace with
himself.

Unfortunately, the modus
operandi of the PLP is to
ignore things that bring people
together.

We do not expect the lead-
ership of the PLP in place
today to see any difference in
the behaviour. It is just not in
them to stop the low class divi-
sive approach that must have
been employed by the PLP.

The negative press by certain
members of the PLP cannot
bear good fruit.

Finally, Mr Rigby would
really redeem himself if he
publicly condemned the veiled
threat on the Prime Minister
of the Bahamas Hubert
Alexander Ingraham that
appeared on a website sym-
pathetic to the PLP and
alleged by many to be a
mouthpiece of Fred Mitchell,
otherwise we would all know
that he is not sincere in what
he is now saying.

IVOINE W INGRAHAM
Nassau,
December, 2007.

Stop harassing law
abiding citizens

EDITOR, The Tribune.

I JUST left the City Markets Food Store located in the Shopping
Mall on East Street South.

The manager was very nice and helpful towards me before I
started to shop in the City Markets Food Store. I went through the
store and picked up a few items. I was well dressed in a smart
grey suit since I am an attorney. I was amazed that towards the end
of my shopping that each aisle I went through I noticed that the
security was following me.

I then went to pay for the items. After I paid the cashier who is
not used to the new cashing machines she did not give me a receipt
since she said the machine did not print one. | insisted that I need-
ed a receipt and then I had to wait for about five minutes for
another person to write up a receipt and the poor manager had to
come and sign and stamp the receipt.

I must state that it is not appropriate for the security guard to
waste time following persons like myself after a glance through the
aisle or after the one time following me through the aisle he could
have seen that I was a law-abiding citizen. I witness criminal types
go into that same store who harass and beg persons for money and
let me tell you I do not see any security guard following them and
telling them to stop. Why do these people waste time harassing law-
abiding shoppers while the other real criminals go scott free to
harass more persons like me in the stores?

Also those cashiers who have received the new cash registers
should have trained persons supervising them so that they would
stop taking so long to cash or being unable to print a simple receipt.
It is time they get tHfeir act together. If you shop at night you do not
need the inconvenience of a cashier operating a machiné she does
not know how to operate and you certainly do not need a security
guard harassing you when all you want to do is get out of the store
after shopping and paying and going home.

I am sorely disappointed in these persons and I must extend
congratulations to the manager who saved the day for me. He was
the only one who seemed to know what he was doing tonight.
Tell those security guards to stop harassing law-abiding citizens and
catch the real criminals walking through the stores begging and
harassing shoppers and train those cashiers or let them be super-
vised when eashing. I love shopping at City Markets but these
changes have to be made urgently.

SHOPPING USED TO BE A PLEASURE
Nassau,
December 5, 2007.

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It can never be refinished or
repaired and buckles when exposed
to small amounts of water. These
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}HE TRIBUNE

~THURSDAY, DECEMBER 13, 2007, PAGE 5





Aciress Naomie
Harris honoured

THERE were no. dull
moments at the first Rising Star
Tribute held as part of the fourth
annual Bahamas International
Film Festival at the Aura Night
Club in Atlantis, Paradise Island,
on Tuesday night.

The Ansbacher-sponsored
event brought together film
makers, producers, writers, TV
personalities both local and
international to pay tribute to
actress Naomie Harris.

Patrons were given red car-
pet and VIP treatment with
access to an open bar, seafood
hors d'euvres while rubbing
shoulders with the star.

With much enthusiasm, man-
aging director of Ansbacher
Bahamas, Michael Mayhew-

Arnold gave a brief synopsis of }

Harris’ career and her journey to
stardom before presenting her
with the Rising Star Award.

Leshe Vanderpool, founder
and executive director of the
BIFF, speaking at the Tribute,
praised Harris and congratulated
her on her success as an actress.

~Naomie is a product of the
Caribbean, her parents are from
Jamaica, therefore. it is only fit-
ting to present her with the
Bahamas International Film Fes-
tival’s First Rising Star Tribute
Award, “she said.

Upon receiving her award
Harris remarked: “When I made
“After the Sunset’ here in Nas-
sau, four years ago, I never
thought I would be back here
again. To be back here again and
to be receiving an award like
this, it really does mean the
world to me. to have my work
recoy uzed in this way and also
because I’m a product of the
islands — both my parents are
from the Caribbean.

~The Bahamas is like my sec-

ond home — I spent a lot of :

time here. four months making
“Atter the Sunset’, and eight
months making ‘Pirates of the

Canhbean’. The warmth of the?

peop: here, the hospitality, the

indness, the generosity and the
augnity as well has really touched
me, and informed my perfor-
mance, So to receive this award
here is incredibly fitting and I
am so incredibly grateful.”

To the objective of the festi-
val Harris said: “It’s so wonder-
ful to have a festival like this
that celebrates all talents and all
kinds of films from all around
the world. I see this award as a
challenge to do more and get
better and continue to work with

great film makers as well as the’:

ones that are here tonight.”

FOR 3 IN 1 LAWN SERVICE
Fertilizer, Fungicide,
Pest Control
Tropical Exterminators
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@ By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

PATRONS of Starbucks in
Harbour Bay are concerned
that the cafe has become a
“crime hotspot” after some
fell prey to robbers while
using the coffee shop.

At least three customers in
the last two months have had
their property stolen as they
sat on the outside patio area
of the popular coffee shop,
adjacent to the car park.

Two victims have described
aman grabbing their bag and
then disappearing around the
corner on to the alleyway
that runs behind Starbucks
and KFC near the border of
the shopping plaza.

According to one account,
a man jumped over the pot-
ted bushes that border the
patio area, and took her
handbag. “It all took about
five seconds,” said the vic-
tim, who added that she was
informed it had happened to
another woman in the same
spot a week earlier.

In this instance, a security
guard reportedly informed
the victim that he believes
there are people “watching”
customers who sit in the out-
side area-to drink their cof-

. fee.

“They also think it is a

LOCAL NEWS

Some Starbucks Harbour Bay
customers fall prey to robbers



gang that parks behind the
wall, behind KFC — the guy
snatches the bag and then
jumps in the car, so there’s
no chance of recovering even
the bag,” said the victim.

In an account sent to The
Tribune just over a month
sarlier, another victim
described how a man “snuck
up, took my bag and ran to
the alley behind Starbucks.
He was chased through the
alley by other persons on the
terrace, but escaped into a
vehicle waiting in the alley.”

That vehicle had dark-tint-
ed windows. and the licence
plates were obscured.

“When this happened, it
was not dark.as yet. Neither

String of robberies
off Bernard Road

IN the past week there has been a string of robberies in
Bowe’s Cove, off Bernard Road, where three apartments were

broken into.

“They kicked in the burglar bars and went through the win-
dow,” said concerned neighbour Pauline Malakius.
Also, according to Ms Malakius, the perpetrators destroyed

the locks on the back door of one of the apartments

access.

to gain

At another apartment they went through the front door,
removing the locks and kicking the security screen in.

These robberies occurred during the day. There were no
reported eye-witnesses to these crimes. Items stolen trom the
homes included jewellery and small appliances.

The value of these items collectively is not known. However

it is believed to be substantial.

Furthermore, by assessing the type of items stolen, it is sug-
gested that the thieves were not travelling by automobile.

It is believed that the thieves work in a group of about four
people and may be residents of the area or very familiar with the

area.

Ms Malakius says she believes that the thieves had probably
been observing the comings and goings of the residents of those

apartments for quite some time.

Residents are encouraged to take extra precautions and bol-

ster the protection of their homes. This is the time of the year

that robberies are at a peak.

In addition, if persons know of a crime.or anyone who is a vic-
tim of such crimes, they are encouraged to report them to the _

police.

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was the area isolated; there
were a number of other per-
sons sitting outside when this
happened,” said the victim.

Again, the woman report-
ed being informed that this
was “not the first incident”
to have occurred at the cafe.

Both victims warned oth-
ers to be more cautious in
light of their experiences,
with one pointing out that,
as a regular patron. of the
cafe, she knows that staff
“are not warning people”,
though if they had she would
have “certainly heeded” their
advice and taken greater
care.

Yesterday, Theodore
Cooper, manager at the
branch confirmed that there
have been robberies at the
store. He said that in view of
these, Harbour Bay security
“beefed up” their presence
in the area around Starbucks
in particular. He added that
the branch ts taking other
measures to “secure the
property,” but did not wish
to elaborate on these. He

‘said that Wulff road police

had been made aware of the
incidents.

In response to the sugges-
tion that Starbucks should

perhaps warn its chentele of

Rosetta St.

the possibility of having their
property snatched whilst they
enjoy their coffee on the

» patio, Mr Cooper said that

he would not want to “run
people away”, and claimed
that rather than do this the
store has chosen to improve



“GIFT & BRIDAL REGISTR

Harbour Bay Shopping Centre

ORALEE’S FASHIONS

To our valued clientele we wish
you a very safe and Blessed
Christmas and a Happy New Year

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

BED BATH & HOME

security.

He added: “You can get
robbed anywhere in this town
now. You could walk out of
your house, out of church
(and get robbed). Sometimes
people don’t recognise things
until it happens to them.”








Beaty
ef

Ph: 393-4440 or 393-4448

AS

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yy

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PAGE.6, THURSDAY, DECEMBER 13, 2007

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WY
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THE TRIBUNE







ABOVE: Supt. Dean and Rev. Israel Rolle, President of the Nassau Vile



lage Neighborhood Crime Watch Group, sign a contract of police-citi-
zen cooperation for the safety of the community.

LEFT: Pictured with the leaders of the eight crime watch groups in the
front row are (from left to right) Supt. Stephen Dean, commanding officer
of the Southeastern Division, Garden Hills MP Brensil Rolle, Education
Minister Carl Bethel, and Assistant Commissioner of Police Marvin Dames.

RBPF Southeastern Division make historic

Crime Watch Associations contract signing

THE Southeastern Division
of the Royal Bahamas Police
Force made history on Thurs-
day, December 6th, with the
official launch of the Neigh-
bourhood Crime Watch Asso-
ciation programme at the
Southland Church of God, on
Soldier Road.

Leaders from eight Neigh-
bourhood Crime Watch Asso-
ciations across the Southeast-
ern Division attended the cer-
emonial signing of contracts
between the police and the
community associations.

The goals of this contrac-
tual agreement are:

e To set goals and condi-
tions for the safety of the
community;

e To reduce crime and the
perception of criminal activi-
ty in the Southeastern Divi-
sion.

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-hours,-the businesses, the-

churches and the police to
work to create open commu-
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e Discourage street drink-
ing, suspected drug dealing
and drug use;

e Encourage and assist the
Southeastern Division in
establishing a greater police
presence, including regular
foot and/or bicycle patrols in
the Southeastern Division.

Support

Lending support to the pro-
gramme was Education Min-
ister Carl W. Bethel who said
he was overjoyed to see that
five of the Neighbourhood
Crime Watch Associations
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constituency and pledged his

personal support and that of.

the government. Also Garden
Hills MP Brensil Rolle
expressed his support for the
programme. Winding up the
evening, Assistant Commis-
sioner ot Police, Marvin
Dames commented on the
success the programme is
already enjoying, citing a
marked decline in house
crimes in the Southeastern
Division, which is directly
attributed to the Neighbour-

hood Crime Watch pro-
gramme.

Neighborhood Crimé
Watch Associations have
been established in Gamble
Heights, Garden Hills 1 and 3,
Gleniston Gardens, Hope
Gardens, Imperial Park, Nas-
sau Village, Sir Lynden Pin-
dling Estates, and South
Beach.

The Southeastern Division
plans to establish similar
Crime Watch associations in

the remaining communities of

the Division during 2008.
Communities in the South-

“eastern Diviston who-are “> 7 -

interested in establishing a
Neighbourhood Crime Watch
Committee should contact the
Southeastern Division Neigh-
bourhood Policing or Cus-
tomer Service Unit at 392-
4333 or 392-4337 or email:
southeastern@rbps.org.bs

Superintendent Stephen
Dean is the commanding offi-.
cer at the Southeastern Divi-
sion.

Man sentenced to two years in
connection with firearm charges

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



FREEPORT - A 41-year-old man was sentenced
to two years at Fox Hill Prison following his arraign-
ment in Freeport Magistrate’s Court on Tuesday.

Anthony Deveaux re-appeared before Acting
Deputy Chief Magistrate Helen Jones in connec-
tion with several firearm possession charges.

He pleaded guilty to two counts of possession of

an unlicensed firearm and was sentenced to two
years at Her Majesty’s Prison. He was also fined
$10,000 or one year imprisonment on the third count
for unlicensed firearm Eo Or

Deveaux was bound over to keep the peace for five
years. In default, he is to serve two years at Her
Majesty’s Prison on each count.

The sentences are to run concurrently.

In another matter, Deveaux changed his not guilty
plea to guilty for possession of an unlicensed firearm
and ammunition for which he was on $6,000 bail.

According to the particulars, Deveaux, being con-
cerned with another, on December 13, 2006. was
found in possession of an unlicensed veg and
ammunition.

Magistrate Jones fined him $5,000 or one year
imprisonment on each count.

In default of payment, he is to serve one year at
Her Majesty’s Prison with the sentence to run con-’
secitively with the other previous sentences handed
down by Magistrate Jones.

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You’ l tind a fine selection of items like”

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THE TRIBUNE

THURSDAY, DECEMBER 13, 2007, PAGE 7



NAVA AVN (ORY
Jeff Rodgers and
ICR e ly ay



s

SPECIAL DAY: Jeff Rodgers and Philisha Barry were
married on Sunday, December 9, at Centerville Sev-
enth-Day Adventist Church. Mr Rodgers is best known
for his basketball camp — an annual event that is held
every Summer.

PHOTO: Ashley Taylor

















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A different direction and leadership are needed

TIME TO WAKE UP!

By OMAR SMITH

FOR the most part Bahamian
politicians are incompetent and/or
just plain dumb. We have been fac-
ing the same problems for as long
as | can remember, ('m approach-
ing my 40th year on earth and none
of these issues are getting any bet-
ter.

Is crime occurring less? No. Is
the immigration problem being
solved? No. Is our education sys-
tem up to standard? No. Is the cost
of living becoming more manage-
able? No. Is our quality of life get-
ting any better? Absolutely not!

Bahamians, we must take the
scales from our eyes. The coun-
try’s leadership has failed. They all
have. If we had to grade them, they
would all get an F, but can we
bring ourselves to admit this or
would we say that our political par-
ty did a better job than the other?

Peter is no better than Paul. It’s
time to be honest. They have all
failed.

Now we have a crime stricken
nation, people living in fear and
all our leaders can tell us is we’re
just having a bad year, or their
answer is we've got to get back to
the old days, or we have got to
start being our brother’s keepers.
Talk! Talk! Talk! No action.

Don’t forget the excuses, “Crime
is not a political thing”, or “You
can't blame the government for
crime.” All are excuses and politi-
cal catch-phrases to duck out of a
government's responsibility of
putting policies and programmes
in place to address the social prob-
lems facing our nation.

What a mess!

We pay taxes to the state to pro-
vide an environment which facili-
tates us achieving our goals, taking
care of our families and to live our
lives in security. On all accounts
the state has failed. If we are to be
“our brother's keepers” as we like
to chant all the time, it is time for
the government to govern accord-
ingly. It’s time to take our money
that it collects or the “cookies from
the cookie jar” and spend it in
areas Where it will begin to address
our brother's problems, our coun-
try’s social problems, and start to

Ssermamatiesy
;




Christmas Opening Hours

Friday 14th December
Saturday 15th December
Sunday 16th December
Monday 17th December
Tuesday 18th December
Wednesday 19th December

Phone 322-4862

coinoftherealm@coralwave.com



Charlotte Street, Nassau.

12 Days of Christmas

PRIZE DRAWING



keep our brothers safe from crime
etc Put resources into all of the
young people in our nation. Start
with mandatory after school study
hall and activities after school. Hire
more instructors to do so. Make
extra curricular activities available
every evening in our. communities
so children with dysfunctional
homes can get some constructive
influences, monitoring and men-
toring. Incorporate all the ideals,
morals and sense of humanity that
we would want to impart to the
next generation of young Bahami-
ans; include culture and true Chris-
tian principles.

We must hold delinquent par- .

ents accountable. Even if it takes
mandatory parenting classes, and if
that fails we must provide alter-
nate structured homes with com-
petent guardians in excellent care
facilities for these children, an
expense those parents must help
to bear. This serves two purposes,
the first, saving young lives and
two saving society the impact of
more dysfunctional young men and
women.

Remember, “Train up a child
in the way he should go, and when
he is old he will not depart from
it.” We must keep the streets and
street culture from our children,
all of our children.

In addition, we must take a zero
tolerance approach to crime and
mean it. Every infraction, no mat-
ter how big or small, if in our law
books, must be prosecuted. We
know our courts are overwhelmed.
Therefore we must allocate the
resources immediately without
delay. If we must hire more judges;
do so. If we need to purchase
buildings to try cases in; do so. If
we need more jurors, then start
compelling and compensating in
order to get the job done. If we
have convicted murderers and the
law is to hang, then hang.



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roam — opm



If we fail to.make these types of
changes, then our country will con-
tinue on the same path. If one does
not change direction then one must
be heading in the same direction.
Duh!

It’s time for a new direction. Of
course these programmes will cost
money, but | tell you; if we don’t
make the sacrifices and pay the
piper now, the price to pay later
will continue to be greater. God
knows we are already paying a
high price.

What are our priorities? We
have just passed legislation giving
Members of Parliament $20 mil-
lion collectively every term to
spend as they see fit in their con-
stituencies, but we are not willing
to put the resources into pro-
grammes that are well coordinated,
and those that have been tried and
proven. We must invest in our
youth or we will continue to get
what we have been getting. Think
of the lives lost, income lost, and
the peace of mind lost, priceless.

So Bahamians, are our leaders
dumb and/or incompetent? Or are
we the idiots to keep accepting the
“wutlessness”, incompetence and
arrogance that they so competent-
ly provide us, while they squander
away the blessings, health, wealth
and future of our nation. This is
despicable! At some point we must
all take responsibility for the direc-
tion in which we have allowed our
country to be lead.

Bahamians, we must wake up
and save our nation. It’s time for a
different direction and different
leadership. The political leader-
ship among others has failed us.
However the most terrifying truth
is they continue to deny their
responsibility and we continue to
allow them to do so.

e Mr Smith is the Deputy Leader
of The Bahamas Democratic
Movement.

Ltd.

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NAT KING COLE sang
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“Everybody knows a
turkey and some mistletoe
help to make the season
bright”, and Bahamas
Supermarkets Limited,
operators of City Mar-
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they brightened the sea-
son by assisting Burns
House Limited with its
“special price” on turkey
certificates.

Linda Moultrie Missick,
principal of Cleveland

' Eneas Primary School

(left), accepts City Mar-

_ ket ham and turkey gift .

certificates from Christina
Albury, Corporate Rela- -
tions Manager of Burns
House (right) during the
school’s annual Christmas
Carol Service.

Bahamas Supermarkets
Limited assisted Burns ©
House Limited when
called -upon for a special
discount on the certifi-
cates.

Bahamas Supermarkets
Limited employs 700 peo-
ple in 12 City Market
stores in New Providence
and Grand Bahama. =~

The company is also
involved in many aspects
of the community, most
notably the Bahamas
Supermarkets Scholarship
Foundation which has
awarded $7.9 million
worth of scholarships to
deserving Bahamian stu-
dents since its inception
in 1968.

(Photo courtesy Burns
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aTHE TRIBUNE

THURSDAY, DECEMBER 13, 2007, PAGE 9



ore
OO SS_F

The St Ma



tthew’s





Choir to ‘Repeat
the Sounding Joy’

THE St Matthew’s choir
will present a musical enti-
tled, “Repeat the Sounding
~ Joy”, on Saturday, December
15, beginning at 7.30 pm at
The Holy Trinity Activity
Centre, Stapleton Gardens.
Tickets will be available at
the door.

The St Matthew’s Sunrise
Choir'and M J M Chorale,
under the direction of Ms.
Marge Knowles, were found-
ed in 2005.

Also known as “The Sun-
rise Choir”, the group regu-
larly ministers at St.
Matthew’s Anglican Church’s
7.15 am mass each Sunday.

' The choir is made up of

professionals of diverse back-
grounds who have made a
commitment to practise Mis-
sion in Ministry through song.

During the past year the
choir has refined its reper-
toire through performances
at various social and cultural

Vt wotrpez § he 7
events, more notably, its

Christmas musical extrava-

%

” fi e aC 4 7

“Mercedes-Benz
C-Class is a 4-door
_ d-passenger luxury



Event takes place
this Saturday

ganza 2006 held at Govern-
ment House.

“The choir trusts that its
musical selections for this



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.

Share your news

The Tribune wants to hear

evening will delight and
inspire you throughout this
Blessed Christmas season,”
said a spokesperson.













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(word school

St Andrew's School, The International School of The Bahamas, an authorized
International Baccalaureate (IB) World School, invites applications from qualified and
experienced Bahamian candidates for the following teaching vacancies, with effect from
August 2008. Full information regarding the school may be found at its website: www.st-
andrews.com . ’

Candidates should be qualified teachers who possess the necessary academic qualifications
for the position(s) for which they apply, including a teaching qualification and a bachelor's
degree, and normally need to have a minimum of two years successful school-based
experience. Desirable qualifications, in addition to those specified for individual posts,
are that teachers have successful experience in an independent and/or international school
and an advanced degree. Applications from candidates able to coach team sports or
advise school clubs and activities are particularly welcomed. Secondary (i.e. middle and
upper) school teachers will be expected to undertake the responsibility of a homeroom.

Please note that applications received from non-Bahamian candidates will not be considered
at this time, although permanent residents with the right to work are invited to submit their
papers for future consideration. Applications from candidates living outside The
Commonwealth of The Bahamas will not be acknowledged or considered at this stage
of the recruiting process. If the school is unable to recruit any position locally, it will
advertise internationally in January.

ALL SCHOOL

Physical education: Years pre-school to 13 responsibilities. Candidates must have
successful experience in coaching years 7 to 13 in at least three of the following sports:
baseball/softball; basketball; soccer; track dnd field; volleyball. Swimming/WSI certification
would be welcomed.

PRIMARY SCHOOL

The school is authorized to teach the Primary Years Programme (PYP) of the International
Baccalaureate Organization. Candidates for all posts in the primary school should be
committed to the principles of, and. preferably trained in, the PYP. Applications are warmly
welcomed from teachers who are committed to an inquiry-based pedagogy but who have
not yet had the opportunity to teach ina PYP school. —

Homeroom teachers: Class sizes range between 15 and 20.

Primary School Spanish (part-time): Candidates should be familiar with the ACTFL
standards and able to work as a contributing member of a school-wide team.

SECONDARY SCHOOL ;

The school offers its own middle years programme in years seven through nine and the
BGCSE in years 10 and 11 (grades 9 and 10). The school is authorized to teach the
Diploma Programme (DP) of the International Baccalaureate Organization in years 12 and
13 (grades 11 and 12). .

Science

Biology: Candidates for this post must be qualified to teach biology to pre-university level
and be familiar with the demands of the International Baccalaureate diploma programme.
Candidates should also be able to offer either chemistry or physics at BGCSE/IGCSE
level. ;

Chemistry: Candidates for this post must be qualified to teach chemistry to pre-university
level and be familiar with the demands of the International Baccalaureate diploma
programme. Candidates should-alsesbe able to offer either biology or physics to

~BGCSE/IGCSE level.

English: Successful experience in teaching English to IB level is required for this post.
Candidates for this post must be qualified to teach to pre-university level and be familiar
with the demands of the International Baccalaureate diploma programme. Successful
BGCSE/IGCSE and SAT 1/SAT II experience is also essential.

Mathematics: Candidates for this post must be qualified to teach to pre-university level
and be familiar with the demands of the International Baccalaureate diploma programme.
Successful experience in teaching calculus to AP and/or IB level is preferred for this post.
Successful BGCSE/IGCSE and SAT 1/SAT II experience is also desirable.

Drama: Candidates should be able and willing to teach up to IB theatre arts level and
possibly coordinate musical and drama productions throughout the secondary school.

Information technology: Years pre-school to 13 responsibilities in integrated technology,

promoting the concept of "computer as tool" across all ages and curriculum areas, as

well as teaching in years 10 through 13. Must be experienced in teaching computer -
science at IB diploma level.

Middle school home room and core teachers: Middle level educational qualifications,
experience working with early adolescents and a familiarity with the philosophy of middle
schools are required from applicants for these posts. Applicants may also be required
to teach BGCSE courses up to year 11.

At least two of the successful applicants will have documented successful experience in
teaching English in years 7 to 9 and will be able to offer English and one of the following
— PSE; IT & Social Studies; art; drama — possibly to BGCSE level.

Another successful applicant will have documented successful experience in teaching
general science in years 7 to 9 and will be able to offer any combination of biology,
chemistry and physics at BGCSE level. If he/she could also teach mathematics that would
be useful.

Mathematics and special needs (part time post): Candidates must have successful
experience in teaching in both areas.

NB: One successful candidate from all the posts offered will be able to offer the
teaching of the Theory of Knowledge course at IB diploma level. Another will be
able to offer the teaching of psychology at IB diploma level

Interested candidates should apply to the school's principal, Mr. Robert Wade, by letter,
email or fax as soon as possible. All applications MUST include the following:

letter of application ;

a personal statement detailing the candidate's educational philosophy

a full curriculum vitae,

either the names, addresses, telephone numbers, fax and email numbers of three
people who may be approached for confidential professional references or the
name and address of the recruiting agency from which the candidate's confidential
dossiers may be obtained.

Information on the teaching posts offered may be obtained from the heads of the schools
by email or fax only.

Frank Coyle, Head of the secondary school:
Email: Frank.Coyle@st-andrews.com
Fax: (1 242) 324 0816

Allison Collie, Head of the primary school:
Email: Allison.Collie@st-andrews.com
Fax: (1 242) 324 0816

Bob Wade
Principal

St Andrew's School
P O Box EE 17340
Nassau

Email: Bob.Wade@st-andrews.com
Fax: (1 242) 364 1654

The closing date for applications is 31 January 2008. Applications from unqualified
candidates, applications arriving without the full information requested, applications from
outside The Commonwealth of The Bahamas or applications received after this date will
not be considered
PAGE 10, THURSDAY, DECEMBER 13, 2007



THE |RIBUNE



Harborside Resort raises funds for children’s home

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Sales and Marketing Associates of Harborside Resort at Atlantis. The team recently held two fundraisers, a
four-week Food Stamp Drive in October followed by.a car wash in November in aid of the children at the Bil-
ney Lane Children’s Home. The teams raised over $2400 of which, half was matched by Starwood Vacation
Ownership, Inc.



HARBORSIDE RESORT at Atlantis’ team cleans up for Children’s Home. Pictured are Sales and Marketing
Associates of Harborside Resort at Atlantis during a recent car wash. The funds raised were used to assist
the Bilney Lane Children s Home Harborside Resort at Atlantis plans to hold additional activities to support
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THE TRIBUNE

THURSDAY, DECEMBER 13, 2007, PAGE 11

LOCAL NEWS

BIFF

200 7



Ansbacher Bahamas sponsors the
Filmmakers Residency Programme

Ansbacher Bahamas, as
part of its 50th anniversary cel-
ebrations, has sponsored the
Filmmakers. Residency Pro-
gramme at this year’s
Bahamas International Film
Festival (BIFF).

This

international film related
career experts and made them
available to young Bahamian
and Caribbean film makers
for the sharing of their expe-
riences.

More than 12 people sub-
mitted their films and the five
following candidates were
chosen: M.A. Drayton, Jason
Darcy, Kareem Mortimer,
Gustavius Smith, and Ian
Poitier.

The most impressive of the
five participants, Bahamian
filmmaker Gustavius Smith
was selected as this year’s win-
ner for his project “Built for
Load.”

Mr Smith received $10,000
toward his professional devel-
opment trom Ansbacher
Bank. An honourable men:
tion went to Jason Darcy for
his project “Adam’s Quest.”

The group of Filmmaker





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IN THE PICTURE: Attending the press conference for the commence-
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et/producer: Lawrence Konner, FRP Adviser/filmmaker; Morris Ruskin, FRP
Adviser and Shoreline Entertainment CEO; Leslie Vanderpool, founder,
Executive Director BIFF; Mike Viner, Ansbacher representative. Back Row:
Bruno Lambrigger, Ansbacher representative; Stewart Miller, Ansbachet
representative, Miguel Drayton, filmmaker participant; Suzan Jacobsen ,
writer; Norm Golighty, Adviser; lan Poitier, Filmmaker; Jason Darcy, film-
maker (extreme back); Gustavius Smith, filmmaker, Kareem (Vortimer, film-
maker. ‘

Residency Advisers presiding
over this year’s programme
and evaluating the candidates
included Shoreline Entertain-
ment CEO Morris Ruskin,
filmmaker Lawrence Konner

(“Mighty Joc Young”), pro-
ducer Norman Golightly
(“Ghost Rider”), veteran film
festival director Nicole
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He will keep him in perfect
peace whose mind is stayed
on Him...dsatah 26:3)

Therefore, let us keep our
minds stayed on Jesus, the
reason for the Season, us we
abide in His love and live
peacefully together.

Wishing you a Merry
Christmas and a Glorious

aes Year!
Pastor, Rev. Sherelle L. Saunders New



You are invited to join.
Faith Mission Church of God Ministries ,
“The Mega Worship Centre’

inthe following special services during this Yuletide Season:

December 16th 11:00am “Live Radio Broadcast
via ZNS 1540 am”

December 19th 7:30pm “Youth Christmas Production”

December 31st eee “Watch piso Service”





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THE TRIBUNE.



a





=:

ANGELA Archer of the Bahamas Film Commission speaks. Also pictured are Cheryl Cartwright of the
Bahamas Plays and Films Control Board (centre) and Joan Graves of the Motion Picture Association of Amer-

ICa.

THE Bahamas Film Com-
mission has_ effectively
brought about training in film-
making for a core of Bahami-
an professionals, a Commis-
sion representative told the
Bahamas International Film
Festival at the weekend.

Angela Archer, manager of
the Bahamas Film Commis-
sion, said her organisation has
been a strong advocate for the
inclusion of Bahamians on the
film projects that have come
to the Bahanias over the past
four years.

heegerne ces
Royale, After the Sunset, Into
the Blue and Pirates of the
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en on dozens of Bahamians as
production assistants, location
assistants, and extras.

A handful of actors have
even appeared on camera with
speaking roles.

Now the Commission is
working to have its efforts
strengthened in law.

As the Commission pro-
vides recommendations to the
government on an incentive
package to lure more produc-
tions to the Bahamas, the

“Commission would be look-

ing to include the hiring of

«Bahamian personnel as a con-

dition of production houses
being able to access incentives,
she said.

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Kevin Kemp_ _ _ .. ...

PHOTO:

“That is definitely some-
thing we are looking at and
that would be included in any-
thing (recommended to gov-
ernment),” she said.

As a part of the Ministry of
Tourism, the Film Commis-
sion’s work has mainly been
slanted towards bringing busi-
ness and visitors to’ the
Bahamas.

However, the inclusion of
Bahamians is one of the main
ways that the Commission has
been contributing to building
a local film industry, Ms
Archer said. ra nerdy ail

Despite having to navigate
maze of difficult and som
times controversial decisions,
the Bahamas Plays and Fil
Control Board is also helpin
to develop the Bahamas’ ar;
world, said board chairperso
Cheryl Cartwright.

Ms Cartwright and M
Archer were panelists on B
F’s “Filming In th
Caribbean” panel.

Other panel member
included Joan Graves of th
Motion Picture Association
America, actor Jonathon M
ray and Bahamian filmmake
Kareem Mortimer. ;

Ms Cartwright pointed “
that the Plays and Films Co
trol Board must review eve
film that is to be shown to th
public in the Bahamas.. {

Unlike in the United States,
it is mandatory that the board
reviews every film and assigns
a rating to it. |

Also, unlike the Unite
States, cinemas and the publit
are bound to strictly adhere
to the board’s ratings. }

Adults who allow children
to view films that have beet
assigned an adult rating coul¢
be prosecuted. 1

For severe infractions, vior
lators can be imprisoned o
fined as much as $2,000, Ms
Cartwright pointed out. i

Although the board has the
ability to ban films, Ms
Cartwright said this is a mea+
sure that has not been neces+
sary in the six months since
she has been chairperson.

Ms Cartwright said Bahami-
an artists have a role to play in
the development of the
Bahamas, and she is confident
that members of the Plays and
Films Control Board would
not take the banning of a film
lightly.

This is particularly true fora
Bahamian-made film, she said.

“IT am confident that the
board members would only
do that after a lot of thought,”
she said. “I stand behind them
and I am confident in them.”

Film-maker Kareem Mor-
timer, who‘recently made a
film with a homosexual theme,
said he dreaded having his
film reviewed by the board. |

After the process, however,
he said he thought the board
was fair and relatively easy to
work with.

BIFF events continue until
December 13.









THE TRIBUNE

| HURSDAY, DECEMBER 13, 2007, PAGE 13

Jamesie, ‘king of scratch music’, makes it to the screen



A FILM about the ‘king of

scratch music” is being screened

in Nassau this week as part of

the Bahamas International Film
Festival.
aso
Jamesie, King of Scratch 70-
min, DVD format completed
2006

A spirited musical journey

to the US Virgin Islands
okoB RAE
Produced and directed by
Andrea E. Leland
COUNTRY OF PRODUC-
TION: USA, Virgin Islands
(US)
COUNTRY OF FILMING:
US Virgin Islands, USA, Den-
oe
KE
Screenings at the Bahamas
international Film Festival
Monday, December 10, 8pm
British Colonial Hilton
Tuesday, December 11,
noon Atlantis Theatre’,
ERE
SYNOPSIS
James Brewster, 79, known
for his humorous, provocative
and playful compositions, and
lively performances, has per-
formed and recorded in the
Caribbean, Europe and the
United States. Scratch band
music, also known as “scratch
music”, is an indigenous, grass-
roots form of folk music that
originated in the US Virgin
Islands over a century ago.
The lyrics are a form of oral
history used to immortalise sig-
nificant historical events, spread
tude gossip about one’s neigh-
bours, and relay the day-to-day
trials and tribulations of living
‘on a small Caribbean island.
‘Playing with both homemade
‘(from tin cans and gourds) and
‘contemporary instruments, the
music has crudeness to it that is
intoxicating and rhythmic
‘speaking to both the beauty and
‘hardship of the Crucian (of St
Croix) lifestyle.
~ Copies of unedited footage

(80+ hours), and transcripts of

interviews are available for
‘scholars of all ages in the Centre

for Black Music Research
Library Archives located in

Chicago, Illinois. An accompa-
ne CD entitled “Jamesieand
the All Stars, Live at the Chica-

go World Music Festiva

available for sale on the pro-

ject’s website.

DIRECTOR STATEMENT

The US Virgin Islands are an
extremely popular tourist des-
tination, but what do these
tourists know of the rich cul-
tural traditions of the people
native to the islands? Most
tourists hear nicely packaged
and easily digestible sounds
while dining beachside at their

‘comfortable resorts. With vir-

tually no representation in the
popular media, the deep roots

MADEIRA PLAZA
322-7647
ROBINSON ROAD
322-3213

and cultural traditions of the
Virgin Islands are unknown to
most visitors or are considered
only as a form of light enter-
tainment.

North American culture is
quickly taking over the islands,
leaving folk traditions such as
“scratch music” marginalised
and changing this art form
rapidly. As younger generations
of Virgin Islandérs lose inter-
est in their native culture and
scratch musicians get older, it

is urgent that the historically /

significant form of “scratch
music” be documented. While
several “scratch music” CDs
have been recorded, knowledge

HARBOUR BAY
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MARATHON MALL
393-4146

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Prowely Seroiag the Bahamian People or Over 25 Years



of the Virgin Island’s folkloric
musical traditions is not widely
known among the American
public. The literature on this
music is scarce; most of the
recorded oral histories (collect-

ed in the 1970s) are housed
solely in a library on St Thomas;
and, there is no comprehensive

video documentation of

“scratch music’ ene its major
figures

aa”

MECHANIC | (AC)

The Grand Bahama Power Company, Limited invites qualified candidates to apply for the position of
Mechanic | (Air-Conditioning) in its Generation Department.



This pasition installs and performs major repairs and maintains a preventative maintenance program
on all Heating, Ventilation and Air Conditioning (HVAC) systems and related equipment. . The
incumbent performs the necessary tests and trouble shooting to correctly repair HVAC systems and
related equipment and will also be expected ia assist in the daily duties of the electrical department
when required. This position reports to the Generation Maintenance Supervisor.

The successful candidate will be expected to:
Perform root cause analysis of equipment failures.
Read electrical ciagrarns and schematics pertaining to HVAC and related sysiems:
Repair arid install HVAC units
Assist in electrical repairs and minor mechanical repairs.
Initiate purchase orders and write reports and procedures.
Maintain documentation of maintenance performed, technical documentation; drawings and



equipment, manuals. 5
Determine the root cause failures of HVAC systems and related equipment.
Assist in job planning and the securing of tools and materials.

Perform and keep records of preventative maintenance on HVAC systems.

Minimum Requirements
* High Schoo! Diploma and BGCSE or GCE ‘0’ level passes in Mathematics, English Language
arid Science Grade C or above
Minimum of three (3) years experience working as an Air Conditioning Mechanic.
Possess proof of training or certification as an HVAC mechanic.

Should be familiar with electrical installation.

Applications with supporting documentation including a clean Police Certificate and proof of

Bahamian citizenship should be sent to

RECTOR OF HUMAN RESOURCES
BAHAMA POWER COMPANY, LIMITED
RO. Box F-40888
port, Grand Bahama Island, Bahamas

IS: : @

21: hrdept@gb-power.com

GRAND BAHAMA POWER COMPANY

Apap and Baha Fare Brglé



ou are cordially to an

ESTEE LAUDER MAKE-UP EVENT

Thursday & Friday, December 13th & 14th, 2007,
loam- 5pm,

at The Perfume Bar; Tel: 322-7216

Bay & Parliament Streets

Saturday, December 15th, 2007

10am - 5pm,
at Solomon’s Mines, Tel: 394-771
Mall at Marathon


PAGE 14, THURSDAY, VeCEmuni: iu, cour

THE TRIBUNE



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NEW INSTRUMENTS were awarded on Tuesday to winners of BahamArts “Battle of the Bands” competition, during

_ apresentation at the Bahamas Agricultural and Industrial Corporation, East Bay Street. Pictured, from left, are Corporal

Theodore Campbell (Farm Road), Assistant Superintendent of Police Ronald Campbell, Corporal Nadia Young (Farm
Road), Rudolph Pratt, Jr., (St Barnabas), BAIC Chairman Edison M. Key, James Hutchinson, Yonell Justilien (Government
High), Lakishna Johnson (C. C. Sweeting) and Sergeant Rudolph Pratt, Sr., (St Barnabas).



5



TE —"




BAHAMARTS BOOTH winners receive their prizes from Bahamas Agricultural and Industrial Corporation (BAIC)



Chairman Edison Key on Tuesday. Pictured, from left, are BAIC Handicraft Development and Marketing Department
Manager Donnalee Bowe, second-place winner Sharon Ferguson, winner Celestine Albury, Mr. Key and third-place win-

ner Emily Munnings.

‘Tremendous growth’
at BahamArts Festival

CELESTINE ALBURY’s
wood carvings captured the
BahamArts Festival “best booth
award.”

And all-time favourite Farm
Road and Government High
School shared top honours in the
battle of the bands.

They received their awards on
Tuesday during ceremonies at
Bahamas Agricultural and
Industrial Corporation’s head-
quarters from Chairman Edison
Key.

In the best booth category,
Sharon Ferguson was second,

Emily Munnings, third, and
Hyacinth Hanna, fourth.

Assistant Supt of Police Ronald
Campbell of the Royal Bahamas
Police Force was singled out for
his contribution to organizing the
“Battle of the Bands” competi-
tion for four years.

“We have seen tremendous
growth in this event that has
attracted hundreds of young per-
sons to the BahamArts festival,”
said Mr. Key.

“The wide variety of products
on display at BahamArts demon-
strated beyond any doubt the

validity of the authentic Bahami-
an product.

“The many persons who
flocked to the show couldn’t help
but marvel at the fine degree to
which Bahamian products have
evolved.”

He applauded BAIC’s Handi-
craft Development and Market-
ing Department, host of the
BahamArts festival.

~Through their courses in sou-
venir creation held throughout
the islands, they are at the fore-
front of keeping the Bahamian
dream alive,” said Mr. Key.

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HH T| ;

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4
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IHE | HIBUNE



Deputy PM: New Ambassador of Bahamas
Environment Scientific and Technology
Commission to be appointment soon

A NEW Ambassador of
the Bahamas Environment
Scientific and Technology

ed shortly, with a mandate
to revamp that body to
make it more efficient,
Deputy Prime Minister and

Minister of Foreign Affairs.
Brent Symonette has
announced.

Additionally, seven offi-

cers with responsibility for
various Family Island ‘pro-
jects, also will be appointed,
Mr. Symonette said.

Commission will be appoint-

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He was addressing the
recent Bahamas Real
Estates Association’s annu-
al Christmas luncheon, at
the Nassau Yacht Club,
Montagu.

“The new. Ambassador
will be charged with the
responsibility of revamping
the BEST Commission to
ensure that it operates effec-
tively in today’s environ-
ment,” Mr. Symonette said.

With the various projects,
the Government intends to:

e Pursue policies to pre-
serve existing vistas to the
sea and cause the creation
of new ones;

e Ensure that the right of
Bahamians to have access to
the sea and beaches is
enhanced;

e Implement a programme
of expansion and upgrade of
neighbourhood parks, recre-
ational and open green
spaces, seaside parks and
picnic areas around New
Providence;

e Facilitate the expansion
of the National Park system
by providing and extending
long term leases to the
Bahamas National Trust for
areas in the Abacos, Cen-
tral Andros, Exuma and
New Providence.

“As we go forward, the
Government seeks to meet
the expectations and needs
of residents for growth in
the economy while taking
care not to create employ-





Brent SMC nt

ment demands exceeding
our capacity,” Mr. Symon-
ette said.

“And we seek to guard
against creating unsustain-
able demands upon the
physical resources of our
islands,” he said.

The BEST Commission
has the primary roles of
evaluating environmental
impact assessments, mainly
of investors; managing the
international environmental
agreements to which The
Bahamas has become a par-
ty and to provide public
education on the environ- ’
ment:

It functions as an advisory
body to-The Bahamas Gov-
ernment in areas within its
mandate. It also ensures that
environmental protection is
a part of all permits pro-
cessing and that it provides
environment oversight and
monitoring during projec:
construction.

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PAGE 18, THURSDAY, DECEMBER 13, 2007

THE TRIBUNE



ON-THE-SPOT FINANCING

07 Land Cruiser Prado 4 X 4

¢ three engine options: 2.7L 4 cyl,

A.OL V6 or 3.0L turbo diesel | PRAISEWORTHY EFFORT: Charles Maynard, Minister of State for Culture, celebrated with Mount Tabor as the
church launched its first album, “Bishop Neil Ellis Presents: Mount Tabor’s Praise and Worship Ministry.” The
launch, held at One Hundred Bible Bookstore, featured the worship team as they rendered two selections
from the CD. Nadine Moss, Praise and Worship director and Nehemiah Hield, Managing Director, Kingdom Glo-
ry Records explained that the CD is Bahamian produced with an international appeal. Pictured at the launch, from
left to right, Minister Nadine Moss, Praise and Worship Director, Mount Tabor; Bishop Neil C. Ellis, Pastor, Mount

automatic transmission with overdrive
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air conditioning Sak Tabor; State Minister for Culture Charles Maynard, and Nehemiah Hield, Managing Director, Kingdom Glory




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The Tribune wants to hear

EXECUTIVE: BAU ue tht ; Sti Soo ue RUA Y tates t eur tye} from people who are

: ‘ kOjeres, Mon cs Stal Aas} . Seu) . . making news in their

pon Laie BESS soo EGS neighbourhoods. Perhaps

é vou are raising funds for a.

good cause, camparening
for improvements in the
area or have won an
award. If so, call us on 322-
1986 and share your story.

PHARMACY LTD

Records, formerly lead vocalist, BahaMen. In the background stands the Mount Tabor Praise and Worship Team.



















WANTED
IMMEDIATELY

Local Media House has a
vacancy for a Broadcast
Journalist / News Reporter

The successful candidate should possess the
following qualifications:

*® Minimum of 2 years experience

e Must have a good understanding of news
gathering & production .

¢ Must be an enthusiastic-self starter

e The ability and willingness to learn

e Must have own transportation

Please submit resumes to:
The News Director
Island FM
P.O. Box N-1807
Nassau, Bahamas
Fax: (242) 356-4515
E-mail: reporter@islandfmonline.com

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- THE TRIBUNE -

INTERNATIONAL NEWS

Parliamentary pensions list tabled by PM
FROM page one

least eight years, or two parliamentary terms — whichever is less. The individual must also be at
least 55 years old and have ceased to be a member of parliament. Former parliamentarians may also
receive pensions if they cease service as a result of infirmity. Gratuities are received by former par-
liamentarians if they select to receive a reduced pension.

Mr Ingraham tabled a list of gratuity and pension payments for four recently retired members — Pierre
Dupuch, Dr Marcus Bethel, Robert Sweeting, Tennyson Wells and Bradley Roberts.

Mr Ingraham said he listed the gratuity payments of these men as three of them “made much of what
(his) pension entitlement was.” - \

This is a list of the parliamentary payments for these four members:

Name Received in Treasury Date of Payment _ Gratuity Paid Pension © _‘ Total Paid
Pierre Dupuch 30 March '07 | 44 June ’07 $180,369.00 $6,195.07 $186,564.07
Marcus Bethel 27 April '07 | 8 August ’07 $50,422.50 $867.97 $51,290.47
Robert Sweeting 15 June '07 12 September '07 $37,983.75 $3,401.29 $41,385.04
Tennyson Wells 27 July ‘07 28 August 07 $182,449.13 $16,610.10 $199,059.23
Bradley Roberts 26 July 07 28 September '07 $176.050.09 $17,184.50 $193,234.59
Name Yearly Pension Salary Janet Bostwick $45,120.00
Lady Marguerite Pindling Norman Gay $45,120.00
(widow of Sir Lynden Pindling) $85,500.00 James Knowles $45,120.00
Frank Watson $49,921.00 Bradley Roberts $45,120.00
Clement Maynard $49,920.00 CA Smith $45,120.00
Darrell Rolle $48,729.60 Tennyson Wells $44,517.72
Paul Adderley $45,129.60 Pierre Dupuch $43,288.56
Philip Bethel $45,120.00 Maurice Moore $41,433.60

This is a list of the top 14 parliamentary pensions:
Edison Key is the only current MP on the list with a pension of $12,518.40. Deputy Governor-gen-
eral and Director Bahamas Information Services Sir Arthur Foulkes is also on the list, receiving a pen-

sion of $13,440 annually.

PM to attend

FROM page one

It is the largest container
transshipment facility in the
Western Hemisphere. It han-
dles one million TEUs per year.

While in Freeport, Mr Ingra-
ham will also attend the official
opening of the $15 million
Bahamian Brewery and Bever-
age Company at 6pm.

James Sands, president and

acquired 20 acres of land on
Queens Highway for the con-
struction of a 40,000 sq ft facili-
t

He said the brewery willbea |, | Hats, Dresses, Shoes, Bags and
first-class facility with state-of- Jewele ry

the-art equipment.
Special Boots Small Sizes $10.00

Mr Sands, who was granted a
licence from the Port in June
2006, said the brewery has been
a dream of his and the former
GBPA Chairman, the late
Edward St George.

The project will initially
employ 60 to 75 Grand Bahami-
ans. vay

Blue Hill Roa

i

MTG TP

7.

Celebrate The Holidays At Ihe Hilton

UPCOMING EVENTS

eta e ea Tem salts) s) =) 4
21 and 22 December at 6pm

Live Music by the Pool Bar
Wednesday, 26 December
Wednesday, 2 January from 2pm-5pm

Pam Woods
Live Jazz at Hilton Paim Court Lounge
Christmas Day from |2pm-4pm

New Years Eve from Sonm-lam

Bee teeta ie el tL La Clo
PLB Dosa MCh)

Buffet on 25 December
Re Meola etic 3140)
Christmas Buffet from |pm-Spmt ($45)
arias Oe OO) amass l oie OMe Le oar mh Samo
y 4 a

Theme Buffet Nights (starting at $30)

26 till 30 December from 6pm-!Opm

New Year’s Eve Dinner (375

RA Otay) sca a mel
amity lunch $28.50 St oe
amily lunch $28.50 Starting Dec 3r

For further information please contace
Food & Beverage Office 302-9007
Available Thursday to: Monday only
www. hiltoncartbbeart com nassau

British Colonial Hilton
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THURSDAY, UEVUEWibER 13, 2007, PAGE 19

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_PAGE 20, THURSDAY, DECEMBER 13, 2007
Shane Gibson defends
PLP’s actions in office



FROM page one

eign Affairs will in fact be
expanding its mission in Beijing.
Mr Symonette said that his Min-
istry will be appointing an
Ambassador to the post — an
accomplishment, he pointed out
with some enthusiasm, that Mr
Mitchell was unable to do during
his tenute in office.

Calling a press conference in
the Committee Room of the
Minority yesterday, Mr Mitchell,
now shadow minister of Foreign
Affairs, claimed that Mr Symon-
ette the current Minister of
Forcign Affairs — in hinting
towards the possible closing of
this recently established Embassy
has betrayed “yet again” a shock-
ing contlict of interest on his part.

In denying this statement, Mr
Symoncette also took issue with
the manner in which Mr Mitchell
chose to address the matter. He
pointed out that during his entire
contribution to the House of
Assembly on Tuesday night, Mr
Mitchell sat and did not raise one
objection. <

“1 find it interesting that Mr
Mitchell sat there and said
absolutely nothing, but rather
chose a press conference to attack
me personally,” the deputy Prime
Minister said.

Mr Symonette added that visas
also will be issued from China,
allowing for the easy travel of
business persons to promote trade
between the Bahamas and Chi-+
na.

“If that is contrary to promot-
ing business then I want to know
what is,” he quipped.

‘Yesterday Mr Mitchell main- °

tained that Mr Symonette had
“allicd” himself with a group of
persons who are essentially mer-
chants.

“Many of them have been con-
cerned about the fact that cheap-
er prices for goods and services,
people are able to obtain them,
including consumers, out of Chi-
na.

“I understand that there are
many business persons who go
there looking for roofing materi-
al, construction material, elec-
tronics, and, clothing. So clearly
tlic market is being undercut in
these areas and I’m saying that

Deputy PM

in terms in the economic inter-
ests of which he ts a part of, he
has to be careful that there is not
the appearance of a contlict
between what we are doing, in
China as a country and what his

economic interest might be,” Mr

Mitchell said.

Mr Mitchell continued, stating
that the PLP has warned the
Bahamian people for some time
that the FNM government is “rid-
dled” with such conflicts, and
“indeed this particular minister”.

“There must always be a clear-
ly marked line between one’s per-
sonal interest and your duty to
the public. Mr Symonette clearly
does not know where that line
is,” Mr Mitchell claimed.

At the last seating of the House
of Assembly, Mr Symonette men-
tioned that government will make
a “total review” of the operations
of the Bahamas’ Beijing office.
He said that the government will
undertake any necessary changes
and cited an operational audit
report that found the operations

~ of the Embassy to be “unaccept-

able.”

However, Mr Mitchell ques-
tioned the independence of this
report and requested that Mr
Symonette make the document
public.

“T would like him to say who
did the audit, and to explain
whether or not that audit was
done by a truly independent per-
son or persons. I want to confirm
whether or not the person or per-
sons who did the audit did not
have a personal animus or grudge
toward me as the Minister and
the PLP,” he said.

Mr Mitchell claimed that the
FNM administration under the
leadership of Prime Minister
Hubert Ingraham, and his deputy
Mr Symonette, have no vision for
foreign affairs.

“Mr Symonette’s statement is
an insult to those at the Ministry
of Foreign Affairs, including our
head of. Mission there Philip
Miller, who did so much work to
ensure that the policies of the
legitimately elected government
of the Bahamas were carried
out,” he said.

Final witness takes stand

FROM page one

Senior Justice Anita Allen ended Tuesday’s session declaring that a
warrant of arrest would be issued if Mr Miller again did not appear.
Based on his non-appearance yesterday, she began the process of

issuing the warrant.

However, the request by Mr Davis was subsequently rescinded,
after he discovered that Mr Miller had not been served with a subpoena
as he had earlier suggested. It was assumed that Mr Miller might still
appear based on communications between him and the PLP side,
however he did not. No action was taken against him by the court.

Assistant General Manager of BEC Peter Rutherford was therefore
the only witness to take the stand. He concluded testimony on behalf
of the corporation, which was begun earlier in the case by Kevin Bas-

den, the general manager.

Mr Rutherford testified about the number of accounts of several vot-
ers in question, and the length of time they had existed.

The case adjourned with the parties scheduled to present their final
written submissions to the court on Friday. Final oral arguments will
occur on Monday, after which, Senior Justice Allen.and Justice Jon

{saacs will deliberate.

Allyson Maynard-Gibson is challenging the votes of 159 people she
asserts were not entitled to vote in the Pinewood constituency in the
May 2 general clection, as they were not ordinary residents of the
constituency. Byran Woodside initially challenged 41 voters, however,
Mr Barnett did not present evidence against 11 of these individuals dur-

ing his case.

Once the deliberation. begins, the court will have to determine if suf-
ficient evidence exists to exclude the votes of more than 64 voters —
which is the-margin by which Mrs Maynard-Gibson lost. If such a
determination is made, those votes would be removed and a recount
would occur to determine the winner of the seat.

FROM page one

an system in January 2008. °

Several members of the Oppo-
sition had criticised Mr Ingraham
for deciding to send the two senior
officers abroad while the country is
experiencing record crime levels.

Counteying these remarks, Mr
Jugraham told the House that in
light of the fact that it will be his
“good fortune” to appoint the next
commissioner of police and the
next deputy commissioner of
police, he wants to “make
absolutely sure that I have the best
trained, the best exposed, persons
available for consideration.”

He added: “One of the things
that attracts me to the Canadian
Royal Mounted police force is this:
‘They are able to deal with allega-
tions made against public officials
that are out there, whether those
public officials are ministers, for-
mer prime ministers, or senior pub-
lic officials. In fact in some respects
it could be argued that they are a
little over aggressive when com-
pared to other forces.”

Meanwhile, Mr Ingraham said
that “one of the things (he) finds”
with police in the Bahamas “is a
reluctance on their part to do their
job sometimes.”

“When there was an allegation
made against the former minister
of works about rape, the police
were very reticent, very reluctant,
and if came across as that and that
shouldn't be,” he said.

Mr Ingraham also suggested that
the RBPF are “too deferential” to
the office of the attorney general.
“When the law is passed saying
that this is an offence and some-
body is alleged to have committed
the offence, we've given the power
to the police to arrest and charged
if the evidence exists,

“Jf the attorney general doesn’t
like itshe can go to court and issue
what we call a noli prosequi and
say that there'll be no prosecution,

yey can do that, so (Ido not like)
the question of any other kind of

PM on police

influence...coming to a policeman’s
head,” he said.

Mr Ingraham said that he hopes
that Mr Greenslade and Mr
Dames’ experience in Canada will
“positively impact on the police
force when they return to the
Bahamas.”

In response to the suggestion
that the two men are being irre-
sponsibly drawn away from theif
crime fighting duties, Mr Ingra-
ham noted that when his adminis-
tration came to office in May, Mr
Dames was assigned to airport
security. “Had there been any
criminal activity, first of all, one of
them when we came to office...was
at the airport walking up and
down.” He said that such an assign-
ment was a “waste of a senior offi-
cer.”

He further pointed that prior to
the election the now-acting com-
missioner of police, Reginald Fer-
guson, who had “fought crime all
his days” had been “dispatched to
the police college to do his job as
superintendents do.”

Mr Christie stood to defend his
decision to have Mr Dames put in
charge of airport security. “I am
astounded that the prime minister
continues to say that he was sent
out there and the implication being
by the political directorate, without
an office, without a car and without
responsibility for crime.”

He said that he “identified (Mr
Dames) as being vested with an
incredible degree of responsibility”
and claimed that he was put in
charge of.airport security because
he was “someone who was respcct-
ed and admired by the American
authorilics.” These authoritics, he
claimed, had for a long time known
“more about what was happening
with respect to the individuals out
there (at the airport) than the
Bahamian police” and this was
something which he implied he
had the intention of addressing.



FROM page one

Tribune on Wednesday, he said that there
was contingency funding allocated by the
former administration for small home repairs
in spite of government claims to the con-
(rary.

The member of Parliament for Golden
Gates also denied that the Bahamas Mort-
gage Corporation was in dire financial straits
while accusing the FNM of simply making
excuses to avoid being proactive about the
controversial housing issue.

“The contingency funding was put in place

for this exact purpose because you know at
the end of the day, when you look at the
large volume of houses (the PLP built) there
are bound to be repairs (needed). If you look
at the breakdown for the Mortgage Corpo-
ration you will see that we put contingency
funding for unforeseeable repairs or expens-
es.”
He could not specify the amount of con-
tingency funding he claimed the former
administration left in place for these repairs
because as member of the opposition he did
not have the relevant documents to support
this claim.

However Minister of Housing Kenneth
Russell told The Tribune yesterday that there
was “some funding” left by the former admin-
istration for home repairs but it was dedi-
cated for the Urban Renewal Small Home
Repair Programme.

This was to provide repairs to the homes of

(Minimum One

'

elderly or disadvantaged persons who had
no financial recourse to upgrade homes which
had deteriorated badly, but not for the array
of repairs needed to be done to government
built homes, Minister Russell said.

The Minister then noted that the FNM
had provided some $1.5 million for these
expenses.

Mr Gibson continucd to defend his actions
as a former minister contending that in the
home construction industry repairs are an
unavoidable circumstance.

“When you are building 1300 homes it is
impossible to build a perfect house without
any repairs needed at all, impossible. When I
became minister responsible for housing (in
2002) there were so many houses in Millen-
nium Gardens that had to be repaired and we
couldn’t find sufficient contractors to do it so
we had to actually have (home buyers), bring
in quotes and we gave them cheques to find
their own contractors.

“Tn one case for instance, we had to give (a
homeowner) $28,000 to repair his house
because the house started to crack and the
walls were separating.”

He noted that he oversaw a number of





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THE TRIBUNE



repairs to homes in Flamingo Gardens, Pine-
forest Estates in Eight Mile Rock, and West
End.

Mr Gibson was responding to assertions
made in Monday’s session of the House of
Assembly by Parliamentary Secretary Bren-
sil Rolle. Mr Rolle argued that many of the

‘homes built under the PLP’s watch needed
'“urgent repairs”, however there was no
, approved contingency funded left in place
: for this purpose.
' He also said that the Mortgage Corpora-
‘tion was “virtually broke” and that “hun-
dreds” of small contractors had not been
\paid since October 2006.
! However, the former minister disputed
these claims saying the corporation was able
,to meet many of its financial needs and there-
,fore was not “broke.”
, “If you say (a corporation) is broke that
‘means that they cannot meet any of their
‘obligations. But (the Mortgage Corporation)
is meeting their obligations in the sinking
fund and they are meeting their obligations in
paying staff salaries. ;
| “What they cannot do is meet their oblig-
ations to complete houses.”

ie

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¢

Bin icalesn Acts At

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THURSDAY, DECEMBER 13, 2007, PAGE 21

THE TRIBUNE

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PAGE 22, THURSDAY, DECEMBER 13, 2007

THE TRIBUNE



INTERNATIONAL NEWS

Tropical Storm Olga blamed for deaths

in Puerto Rico, Dominican Republic

@ SANTO DOMINGO,
Dominican Republic



TROPICAL Storm Olga
soaked portions of the
Caribbean on Wednesday,

triggering floods and land- °

slides that killed at least
four people in the Domini-
can Republic and in Puerto
Rico, according to Associ-
ated Press.

Dominican Attorney
General Radhames
Jimenez said three people
died in Santiago, north of
the capital. TV images
showed flooded neighbor-
hoods and woman clinging
to a treetop. Other people
awaited help on rooftops.

“It is an emergency situ-
ation — a catastrophe,”
said Gov. Jose Izquierdo of

Santiago province.

Avalanche

In Puerto Rico, the rains
triggered an avalanche of
mud and rocks that plowed
onto a road early Wednes-
day, burying an SUV.
Pablo Luis Alvarado Gas-
cot, a 23-year-old passen-
ger, was killed in the slide
in mountains southwest of
the U.S. territory’s capital,
police said. Rescuers took
the injured driver to a hos-
pital. The road was closed
for fear of more landslides.

The rare December
cyclone had maximum sus-
tained winds of 50 mph,
and forecasters warned it
could trigger dangerous
floods by dumping as much
as 10 inches of rain on His-
paniola, the island shared
by Haiti and the Domini-
can Republic.

Olga struck nearly two
weeks after the official end
of the Atlantic hurricane
season. It is only the 10th
named storm to develop in
the month of December

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since record keeping began
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Authorities evacuated 22
communities in eastern
provinces to prepare for
the storm.

“Every civil defense
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THE TRIBUNE

THURSDAY, DECEMBER 13, 2007, PAGE 23



INTERNATIONAL NEWS





RESCUERS WORK at the site of a

bomb blast in Algiers, Tuesday, Dec. 11, 2007. Car bomb attacks targeting

United Nations offices and a government council killed at least 45 people and injured dozens of others in
Algeria’s capital on Tuesday, authorities said. At least 12 U.N. staff members were missing. Car bombs that
targeted U.N. and government buildings in Algeria struck on Dec. 11, a date with heavy significance in the

North African nation.

UN among twin
targets of Algeria
terror attack that

kills at least 31

@ ALGIERS, Algeria

EMERGENCY workers
searched for bodies and sur-
vivors Wednesday after twin
truck bombings by an affiliate of
al-Qaida targeted U.N. offices
and a government building in
Algiers, killing at least 31 peo-
ple, according to Associated
Press.

Some estimates of the final
Jvath toll from Tuesday’s
attacks climbed well above the
Interior Ministry’s figure of 31,
with a hospital official saying at
least 60 were killed and Algeri-
a’s independent daily El Watan
saying up to 72 died and 200
were wounded.

With at least 11 United
Nations workers among the
dead, the attack was the worst
against staff of the world body
since an August 2003 bombing
at U.N. headquarters in Bagh-

‘dad killed 22.

“Words cannot express my

sense of shock, outrage and |

anger at the terrorist attack on
the United Nation in Algiers
yesterday,” U.N. Secretary-
General Ban Ki-moon said
from a climate conference in
Bali, Indonesia. “This was an
abject and cowardly strike
against civilian officials serving
humanity’s highest ideals under
the U.N. banner. It was base,
indecent and unjustifiable by
any standards.” a

Emergency workers spent the
night digging through gutted
buildings in a search for victims,
and cranes hoisted large chunks
of debris.

Five. or six people remained
trapped under the rubble
Wednesday, according to the
Civil Protection agency, the offi-
cial APS news agency said.
Scores of people were wounded
but the foreign minister said 26
remained hospitalized Wednes-
day.

Families of the missing stood
outside police cordons sur-
rounding the sites of the bomb-
ings, waiting for news of their
relatives.

Dozens of people lined up
outside a major hospital to give
blood for the wounded.

The Interior Ministry said 31
people died, and the Foreign
Minister Mourad Medelci said
five were foreigners.

The targeting of United
Nations offices was a new devel-
opment in Algeria’s 15-year bat-
tle against Islamic insurgents,
who previously focused their
hate on symbols of Algeria’s
military-backed government
and civilians.

Ban called for an immediate
review of U.N. security precau-
tions and policies in Algeria and
elsewhere. .

U.N. officials in Geneva said
it was the worst single attack
on U.N. staff and facilities since
August 2003, when the global
body’s headquarters in Bagh-
dad were hit by a truck laden
with explosives. Among the 22
dead in that attack was top U.N.
envoy Sergio Vieira de Mello,
and it was blamed on a group

that later affiliated with al-Qai-
da.

The U.N. offices are in the
upscale Hydra neighborhood of
Algiers, which houses many for-
eign embassies and has a sub-
stantial foreign population.

The U.S. Embassy said it was
“implementing more robust
security procedures while we
assess the current security situ-
ation,” according to a statement
on its Web site. The Embassy
was open Wednesday.

“Algerians are completely
united against terrorism,”
Medelci said, insisting that the
attacks did not portend “civil
war.”

Asked about the possibility
of attacks elsewhere in North
Africa, he said: “It’s everyone
who is targeted, sooner or lat-
er.”

The French Embassy urged
“great vigilance” and said that
though violence had largely
died down in recent years,
“recent attacks show that it is
time for a return to the most

.extreme prudence.”

“The renewed threat by al-
Qaida against French interests

in North Africa cannot be

ignored,” the embassy said on
its Web site.

Al-Qaida has called for
attacks on French and Spanish
interests in North Africa.
French President Nicolas
Sarkozy visited Algeria last
week.

Al-Qaida’s self-styled North
African branch, in a posting on
a militant Web site, said two
suicide bombers attacked the
buildings Tuesday with trucks
carrying 1,760 pounds of explo-
sives each.

It described the U.N. offices
as “the headquarters of the
international infidels’ den.” The
other target, Algeria’s Consti-
tutional Council, rules on the
constitutionality of laws and
oversees elections.

Algerian Interior Minister
Noureddine Yazid Zerhouni
said the government was “cer-
tain” that al-Qaida’s North
Africa affiliate — formerly
known as the Salafist Group for
Call and Combat, or GSPC —
“was behind the attack.”

Militants arrested after pre-
vious bombings in April had

_identified the U.N. offices and

the council building as future
targets, Zerhouni said, accord-
ing to the official APS news
agency.

At least 11 U.N. employees
were believed to be among the
dead, U.N. deputy spokes-
woman Marie Okabe said in
New York on Tuesday night.

“There are still a number of
people unaccounted for, a num-
ber of people trapped under the
rubble,” Okabe said. About 175
U.N. employees worked in
Algeria.

Al-Qaida in Islamic North
Africa is thought to have only
several hundred fighters but has
resisted Algerian security
sweeps. Its members have
rejected amnesty offers and
have turned their sights from

toppling the government to
waging holy war and fighting
Western interests.

Algeria has been battling
Islamic insurgents since the ear-
ly 1990s, when the army can-
celed the second round of the
country’s first multiparty elec-
tions, stepping in to prevent
likely victory by an Islamic fun-
damentalist party.

Islamist armed groups then
turned to force to overthrow
the government, with up to
200,000 people killed in the
ensuing violence.



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PAGE 24, THURSDAY, DECEMBER 13, 2007

INTERNATIONAL NEWS

THE TRIBUNE



Israeli-Palestinian peace talks get off
to rocky start after seven year freeze

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THE highly anticipated’

renewal of peace talks
between Israel and the Pales-

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tinians got off to a rocky start
Wednesday, with the Pales-
tinians ‘criticizing Israel for a
construction project planned
in disputed east Jerusalem, and

Israel complaining about con-
tinued rocket fire from the

Gaza Strip, accerding to Asso-.

ciated Press.
The Palestinians have said



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the planned construction in the
Har Homa neighborhood,
along with Israeli military
activity in the Gaza Strip, have
threatened to undermine the
new peace talks.

The Palestinian delegation
“introduced the issue of Har
Homa and expressed our out-

rage,” said negotiator Saeb ™

Erekat.

“We are coming to negotiate
over Jerusalem and borders,
and the dictation and facts on
the ground continue,” he
added. “If you want to restore
the credibility of the peace
process, the Israeli govern-
ment must revoke this order.”
He said there were no imme-
diate plans to meet again.

Wednesday’s meeting was
the first formal negotiating ses-
sion since Israeli Prime Minis-
ter Ehud Olmert and Pales-
tinian President Mahmoud,
Abbas relaunched the effort
at last month’s Mideast con-
ference in Annapolis, Md. The
last peace talks broke down in
violence in January 2001. _

At the gathering, the two
leaders set an ambitious tar-
get of December 2008 for con-
cluding a peace agreement that
would end six decades of con-
flict.

The troubles at Wednes-
day’s meeting, which lasted
only 90 minutes at a Jerusalem
hotel, showed just how far the
sides have to go.

Initially scheduled to kick
off with a ceremonial launch at
the ornate King David hotel,
the talks were held secretly at
another hotel in the city.
Negotiators sped away from
the meeting without com-
menting to reporters who dis-
covered the site of the talks
after they had begun.

Conflicting claims to
Jerusalem are just one of the
thorny issues to be resolved in
the coming year.

The Palestinians seek east

Jerusalem,.which Israel cap-
‘tured in the 1967 Mideast War,
as the capital of a future inde-
pendent state.

Israel considers all of the city
its capital, though Olmert has
signaled he would be willing
to relinquish outlying Arab
neighborhoods.

Other core issues negotia-
tors must tackle include the
final borders of a Palestinian
state, the future of Jewish set-
tlements in the West Bank and
the fate of millions of Pales-
tinian refugees whose families

lost properties during Israel’s~

1948 War of Independence.
The Hamas militant group’s

violent seizure of the Gaza

Strip in June has further com-

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PALESTINIAN POLICE officers loyal to President Mahmoud Abbas
patrol in a street in the West Bank city of Jenin, Wednesday, Dec. 12,
2007. The first formal Israeli-Palestinian peace talks in seven years got
off to a rocky start Wednesday, with the Palestinians lambasting Israel
for a new construction project planned in disputed east Jerusalem, a
Palestinian official said.

plicated matters. Abbas’ lack
of control over Gaza has
raised questions about his abil-
ity to carry out any futur
peace deal.

Discussing Wednesday’s
talks, an Israeli official con-
firmed the Palestinians com-
plained about Har Homa, Jew-
ish settlement construction in
the West Bank and Israeli mil-
itary activity in Gaza.

The official, speaking on
condition of anonymity
because he was not authorized
to discuss the meeting with the
media, cited a “tense atmos-
phere” and said Israel com-
plained about ongoing Pales-
tinian rocket fire from the
Hamas-controlled Gaza Strip.

Early Wednesday, Palestin-

an militants fired 20 home-.

made rockets toward Israel,
causing minor damage and
lightly wounding one woman,
Israeli officials said.

The barrage came hours
after Israeli forces ended a
broad incursion into the
coastal strip that killed six mil-
itants and left a wide swath of
damage in its wake.

Israel is pursuing peace with
Abbas’ moderate government
in the West Bank. At the same
time, it continues to battle the
Hamas militant group, which
has ruled Gaza since defeat-
ing Abbas’ forces in June.

Israel regularly carries out
brief ground incursions and
airstrikes in Gaza in a bid to
stop Palestinian rocket and
mortar attacks on southern
Israeli towns.

In southern Israel, the may-
or of the small town that has
borne the brunt of the rocket
attacks announced his resig-
nation, saying the situation is
“impossible.” Eli Moyal said
he hoped his resignation will
spur authorities into action
against Hamas.

The Islamic Jihad militant
group said it fired nine of the
rockets to avenge Israel's
incursion. “The resistance is

‘push

going to escalate the opera-
tions targeting the Zionist
colonies in the coming hours,”
said Abu Ahmad, a
spokesman for the group.

Later Wednesday, an Islam-
ic Jihad militant was killed
while firing a mortar in cen-
tral Gaza.

The group said the man was
killed by Israeli fire, but the
Israeli army said it was not in
the vicinity.

Tuesday’s operation, in
which tanks and bulldozers
pushed 2 1/2 miles into south-
ern Gaza, was the broadest
since the Hamas
takeover. Early Wednesday,
the troops had withdrawn to
a buffer zone along the Israeli
border.

_. The Israeli forces left behind ___

heavy damage to al-Fukhari.
a farming community near the
southern town of Khan You-
nis.

About 75 acres of olive trees
and orange groves were
uprooted, greenhouses and the
outer walls of homes were
damaged, and homes were left
without power, said Ouda
Alomar, mayor of the com-
munity.

Repair crews were trying to
restore electricity and reopen
roads that were closed with
dirt mounds put up by the
troops, he said.

Olmert convened his secu-
rity Cabinet, a group of top
political and defense officials,
to discuss the Gaza situation.
Officials decided to continue
the police of brief incursions
into Gaza, but decided against
launching a broad invasion of
the area, : :

One Cabinet member,
speaking on condition of
anonymity because he was not
authorized to talk to the
media, said officials are con-
cerned that a broad invasion
would cause heavy casualties
to Israeli troops and
damage the prospects for
peace talks.

Last seen in Carmichael Rd. Area

Reward is being offered
NO Questions Asked.
Tel: 361-5838 or


THE TRIBUNE THURSDAY, DECEMBER 13, 2007, PAGE 25

THURSDAY EVENING DECEMBER 13, 2007

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PAGE 26, THURSDAY, DECEMBER 13, 2007 THE TRIBUNE
COMICS PAGE








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WELL, VEAH, BUT
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4 en




Solution to an Even-Money Guess.
















South dealer. ‘i Abe the eras a ae
- ilnerable. was to rely on a club finesse, hoping
Ree NORTH East had the king. If South had THURSDAY,
@AQ7 adopted this line of play, though, the DEC13.
V854 finesse would have lost andhe would } -
2 have gone down one. :
+0 oF 3 But South spotted an alternative | ARIES — March 21/April 20
WEST EAST line of play that had at least as good | Remember that you are ae ele
#K 10432 39865 a chance of succeeding as relying on } YOUF i oon in li ae ae
¥Q96 v— the club finesse. So he drew a second poe others tell you what to do
3 round of s and then cashed the ; .
aN as eer A-Q of fag TAURUS — April 21/May 21
SOUTH West could have ruffed the last } Usually, you prefer to play it safe,
«MOTHER AND I ae diamond, but, not anxious to be on but this week you may be eee
WHEN IT HAVE TOTALLY ¥AKI10732 lead, he discarded a spade. South |} 'p.gambic on something. Be careful,
OHOR DIFFERENT TASTES @KI9 now had to make a crucial decision, {â„¢ g
"DECOR #A75 since he was in dummy for what [| With what you own and eam.
The bidding: appeared to be the last time. The | GEMINI — May 22/June 21 ©
South West North East question was whether to throw West: | You'll feel a burst of energy this
1% Pass 2NT Pass into the lead and force him to return [|| week, Gemini. The good times have
oS fe 6¥ a spade or a club, or whether to cash returned for you. Live it up —
ye ae ae ; : coenon iscard a club and _ | you’ve worked hard in recent weeks,
ce - . ; Wher ay detlerer you's ed fae nae ete and deserve the chance to celebrate.

i pears to be an even- Declarer decided that the reason | Getaway for the weekend if you can.
See pen you can sometimes West had not ruffed the diamond was | CANCER - June 22/July 22
improve the odds by analyzing the __ that he did not feel he was m position } You want to succeed in the world at
way an opponent has lector to to make a safe return. ; large, Cancer, and at long last, the
defend. The location of the king of spades chance to prove yourself has

Take this case where South was in _was superficially a 50-50 proposi- arrived. Make the most of it — stop
six hearts and West Jed a diamond. _ tion, but West’s reluctance to take the | dreaming and start doing.

Had West led anything else, declarer _lead indicated he very likely had that | LEO — July 23/August 23



"© ese ay Mere: Aanerica Byncicete, nc. Word rights reserved.














- e \ \ would have made the slam easily. card. So South thrust West into the | Power struggles of one sort oF
a nett paths Pace Me Rie Moe ae Even with the diamond lead, the _lead with a trump. another may highlight your week,
(TIRED of Wore ce NV , EVERNTHING YoU SNIP contract seemed certain, but when Against this play, West could do | Leo, but things will get better by the
BEING AGILE. TAKING SN ; declarer won with the king and no . A club return would auto- | weekend. In the meantime, try to
FoR RICHT- GROWN WE played the ace of hearts, East showed matically give South 12 tricks, while | work with people, not against them.
WING EXTREM Bit ts AIR AMERICA NEWS beeen out and presented South with a deli- a spade return would allow dummy’s | VIKGU — Aug 24/Sept 22
yee | ‘NiEDAMORK: AUWANS GRID cate problem as to how to continue. © queen to win to produce the same } You won’t be able to please every-



The obviors way of trying to _ result. one this week, Virgo, so you’re
going to have to make a choice.
Then, you have to stick to your guns.

TARGET Splint eat nine ayo

ra certainly have a lot of it this week,
‘Libra. However, be careful not to let

’



a : . : 7 | The there must be at least one this translate into risky behavior.
: _— nine-letter word. No plurals. Even you are not invincible. +
words Ia TODAY'S TARGET SCORPIO — Oct 24/Nov 22
‘ — : zi the maia Good 16 very good 24; excellent - | Something that has worried you for
P body of 32 (or more). some time will no longer matter this
— ‘ ; week. The problem itself may not
Coat Solution tomorrow. change, but your attitude toward it
N|E|M Dictionary will. This, as you will see, makes all
(1989 YESTERDAY'S SOLUTION the difference.
edition) aiaiecnoul 6 SAGITTARIUS — Nov 23/Dec 21
HOW many words of four adsor ‘am 1} Are you someone who brings peo-
itersor morecanyoumks | Boat oatd pond toot oor” | oi ogether or pushes them spa
Done eachiertes brand brawn broad brood If you’re lucky, it’s the former, but
ae Gace Only. Rach a ae brow brown drab snob if not, now is the time to make a
“contain the centre letter and» SNOWBOARD sorb swab ‘| positive change.
CAPRICORN - Dec 22/Jan 20



You’ll accomplish more if you
don’t try to fit everything into a
rigid timetable this week. A little
chaos may be a good thing and
inspire you to be more creative.

AQUARIUS -— Jan 21/Feb 18




Way

word
| laser

A device that
uses vibrations of
atoms to create
a beam of light.

ACROSS DOWN




3 3 = Maye a picture book (5)

8 — Prays for something that might feel
like rain (5) :

10 It's in our blood (5)

11 Asrotten ingrate? (3)

12 Big and brilliant (5)

13 Thought to be like

=
=

1 It’s time an unruly
pair got left (5)
2. Gets old in a nice way (7)
4 — Fat lad, outside-right (4)
"5 Superior fur is obviously
not bad (6)
6 — Underground railway just finished

been a better time to begin your life
anew. Think only of the future.

PISCES -— Feb 19/March 20
.Someone out there may make life
tough for you this week, but you'll

Ive as good as you get. By
ursday, things will settle down,








walnut veneer? (7) . ; and you can get back to your old self.
; vo in Rome, possibly (5) ti } :
15 Bigheaded despicable persons,
these kids? (5) 7 Start queuing for some potatoes, om
‘a one’s ration (5)
18 = Wet or dry, it’s unwanted (3) .
19 Comprehensive reason to make all Are you angry 7 losing yours? (3) ew : CHESS by Leonard Barden
go staggering round the Boar's 12 Recover or obtain properly (7)
Head (6) 14 Start working up a racket (3) ee
21 Green drink? Red or white, 16 Hate needing half an hour yet to . || Alexander Morozevich v Sergey
rather (3,4) make harbour (5) Movsesian, Sarajevo 2007,
22 Light to raise; when told (4) 17 Smooth shiny keels, perhaps (5) ae Mororevich, who found an inspired
23 Dramatic part of New Orleans (4) 19 Ground one’s teeth at what possibly winning tactic in yesterday's puzzle,
24 Stapler used as an aid hangs over the Editor (7) is on the receiving end today, =~ #
to dressing (7} 20 Anold coin in strange argot (5) : : odinrione er. ed ;
26 Unprincigled morning test (6 21 Possibly paired New York with part S DOWN move) has a powerful a on
Ce ' ee f London (5 Veracity (5 1 Conductor's stick (5) open g tine, with queen, rook and 6
29 Derby, perhaps (3) et tendon (3) 8 .. Fundamental (5) 2 Using numbers (7 knight all besieging White's
3 Of a sound quality not managed by 23 Royal train? (7) . Helicg ter blade (5) : range undefended king. A knight check —*
a novice (5) a Jastes what a friend had to eat (6) Lu 12 Military student (5) 6 Boarding house (5) seems indicated, and indeed there 4
32 Ruling systems upsetting to mere 245 The label of a secret agent (3) _i i. cy z ; Erne is probably more than one route to
Gls (7) 27 Great man absurdly glum about N ‘4g HL si tal (3 . victory here. However, some of the 3
34 Singular thing to shoot in a nothing (5) SS 19 Fascination 12 Burnt sugar (/) choices leadtoalongbattleof
canoe! (5) 28 What's better is hard to find (5) a 21 Equilibrium (7) Emel oe 8) queen against rook and bishop
35 None can match her (3) 30 Finish up in outer Wembley with a >- ieee 17 Feeble (5 where White has chances to
36 Anote to leave out for a hit of woman (5) wo 2B beuse (4) a ° ine "1. establish a defensive fortress.
7 : ; 4 Relegated (7 ppende ‘
peace (5) 32 City of madrigals (4) <— 26 Tooth covering (6) 21 Trite (5) se ol the ee Pa S
37 Rosy? Very much so! (5) 33 It’s in evidence after rain in | (Ll 29 Entourage (7) chose the most precis :
38 Two fine boys (5) Section {3 24 Lust (6) force resignation. What was Black's
a Bplimuat43) . a a f ° 25 Gratuity (3 winner? LEONARD BARDEN
34° Scope (5 27 Of birt! & :
35 Negative (3) 28 Fruit (5)
Ba hs pee eee am PS 36 Large house (5) 30 Change (5
37 Stifled {5) 32 Mature (4
CRYPTIC SOLUTIONS EASY SOLUTIONS 38 At no time (5) 3 a2
MW ~- ACROSS: 9, T-her-eupon 10, On the nos-e 12, Re(pairjed 13, | ACROSS: 9, Alligator 10, Elaborate 12, Luck 13, Gaelic 14,
Screen 14, |-m-a-gin-e 15, Love-birds 17, Or-caniser 18, Settles | Trainer 15, Seemingly 17, Increases 18, Essence 19,
19, Coffer 20, Dash 23, Prow-a-yate 25, Con-tender 26, Go-sh Bangle 20, Hi-fi, 23, Waistcoat 25, Tarpaulin 26, Dull 27,
27, Si(I)ated (rev) 29, Ina word 32, light-ened 34, My-steries Sticky 29, Glasses 32, Signalman 34, Thesaurus 35, * . 213R f3+ 4
45, Retrial 36, N-ormal 37, Etna (rev) 38, Expresses 39, Un-| Reasons 36, Runway 37, Stye 38, Athletics 39, Elections. Se oa Khi Nxh2! 3 Rxh2 Qx
checked DOWN: 1, Carlisle 2, Glockenspiel 3, Strangle 4, Brolly 5, ‘ :

DOWN: 1, Star-tles 2, Reservations 3, Epicures 4, Ang-Es 5, | Reaction 6, Particular 7, Forages 8, Depression 11, Aunts :
Going off 6, String bean 7, R-em-ain’s 8, Re-searcher 11, Om-- | 46 Ignite 19, Bet 21, Illustration 22, Banana 23, . "
ts 16, B-all-ad 19, Cue (queue) 21, And no mistake 22, D-eb-ate Widespread 24, Optimistic 25, Toy 28, Contrast 29,

23, Page-turner 24, At long last 25, C-O-D 28, Ti-dines-s 29, 31, Bayonet 33. Graph 34 ‘ Jn
Instance 30, Dis-bands 31, Strikes 33, Get-up 34, Mark up | -efenades 30, Suspense 31, Bayonet 33, Graph 34





The trials and tribulations of recent
weeks have passed. There has never



THE TRIBUNE





The Tribune

Nassau and Bahama Islands’ Leading Newspaper |



, ers 2SenyS

Yo



Please drop of Cheques to The Tribune or mail to:



wrote! WEkenEs prea —



The Santa Claus Christmas Committee,
P.O. Box N-3207,
Nassau, Bahamas




Deere WAS eNO AP



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PAGE 28, THURSDAY, DECEMBER 13, 2007 THE TRIBUNE

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Abaco: Queen Elizabeth Drive, Marsh Harbour
Eleuthera & Harbour Island: Governor's Harbour, Jeans Bay, pavelde Liquor
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THE TRIBUNE . THURSDAY, DECEMBER 13, 2007, PAGE 29



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PAGE 32, THURSDAY, DECEMBER 13, 2007 THE TRIBUNE

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THE TRIBUNE

INTERNATIONAL NEWS

THURSDAY, DECEMBER 13, 2007, PAGE 23



Venezuela
hewspaper
blames govt
for lack of
Glollars to buy
hewsprint

@ CARACAS, Venezuela

A NEWSPAPER criti-
cal of President Hugo

. Chavez’s government said

Tuesday it is being forced
to stop printing because
officials have failed to
give it access to U.S. dol-
lars it needs to import
newsprint, according to
Associated Press.

Publisher and editor
David Natera said the
government has a clear
political motivation for
not cooperating with his
regional daily, Correo del
Caroni, which has long
taken a critical stance.

An official at Venezue-
la’s information ministry
said no response was
immediately available.
Chavez’s government has
consistently denied violat-
ing press freedoms, noting
that most news outlets
remain in private hands
and many newspapers and
broadcasters take an anti-
Chavez line.

Correo del Caroni,
based in the eastern city
of Puerto Ordaz, said its
print edition will not be
published starting
Wednesday because of the
lack of newsprint. 'It will
continue to post news on
its Web site.

“I hope this regime
Tespects the rights we
have to foreign currency

.. and doesn’t use the
currency controls against

freedom of éxpression,”

Natera said.

Chavez’s government
imposed currency
exchange controls in 2003,
Tequiring Venezuelans
and companies to request
state authorization to
trade local currency for
dollars at the official rate,
which holds the Venezue-
lan bolivar steady at 2,150
bolivars to the dollar —
about one-third of the
black-market rate.

The head of the govern-
ment commission that
handles requests for dol-
lars acknowledged on

‘Tuesday that there had

been delays in processing
applications in the past’
week. Manuel Barroso
blamed computer prob-
lems, saying they have
been solved. He did not
address the newspaper’s
situation.

Natera, who is also a
leader among Venezuelan
newspaper publishers, has
repeatedly accused the
government of trying to
push aside critical news
media.

He said the government
does not accept hard-
nosed journalism —
“without concessions or
negotiations” — as prac-
ticed by his newspaper.

Natera said he believes
the government is getting
back at him for reports he
has prepared for the Inter
American Press Associa-
tion warning of threats to

-press freedom.

The Paris-based press
freedom group Reporters
Without Borders
expressed concern, calling
on Barroso to “do what is
necessary to get things
moving and to allow the
Correo del Caroni to
resume publishing.”

“We hope that exchange
controls, like the alloca-
tion of state advertising,
has not been turned into a
way of penalizing publica-
tions for their editorial
policies,” the group said
in a statement.

Natera said three other
regional newspapers are
facing a similar shortage
of newsprint and have
only a few weeks’ worth
in stock because they
have been unable to
obtain dollars through
the government to buy
more.

Mother of captive Colombian —
says hostage breakthrough more




Natacha Pisarenko/AP

> ay
COLOMBIA’S PRESIDENT Alvaro Uribe leaves the government house in
Buenos Aires, Tuesday, Dec. 11, 2007.










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Argentina

THE mother of a former
presidential candidate held
captive by Colombia’s leftist
guerrillas said Tuesday she
expects any breakthrough in
negotiating the hostages’
release to come from the
rebels, not the country’s presi-
dent, according to Associated
Press.

Yolanda Pulecio, whose
daughter Ingrid Betancourt
appeared gaunt and weary in a
recently released video, said
she met with several regional
leaders on the sidelines of
Argentina’s presidential inau-
guration Monday.

She said they had agreed to
press Colombian President
Alvaro Uribe to seek a human-
itarian exchange with the Rev-
olutionary Armed Forces of
Colombia, better known as the
FARC. The rebels are seeking
to swap high-profile hostages
for jailed guerrillas.

“Frankly I expect little of
(Uribe),” Pulecio said. “I
expect a lot more of the FARC
in this moment. ... The guer-
rillas have to realize that this is
a historic moment. They must
seize this historic moment and
show they have more humani-
ty than others do.”

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Leaders of Chile, Brazil,
Uruguay and France have also
pressed for a deal to win the
release of at least 46 promi-
nent rebel-held hostages
including the French-Colom-
bian Betancourt and U.S.
defense contractors Thomas
Howes, Marc Gonsalves and
Keith Stansell, who were
captured when their surveil-
lance plane was downed in
2003.

After meeting Tuesday with
Argentina’s new president,
Cristina Fernandez, Pulecio
counted her among those who
agreed to join the internation-
al push.

Chance

Pulecio reiterated that she
believes leftist Venezuelan
President Hugo Chavez has the
best chance of successfully
negotiating with the FARC,
which respects him as an ideo-
logical ally.

She criticized Uribe for
abruptly ending Chavez’s role
as a mediator last month, say-
ing the Venezuelan leader’s
efforts had prompted the

rebels to produce evidence that _

the hostages are still alive —
including the video of Betan-
court, who has been in FARC
captivity since 2002.

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likely from rebels than president

Uribe says he made the duc -
sion after Chavez spoke dire ct.
ly with Colombia’s army c! vie 7
against his wishes.

On Tuesday Uribe bepenned

his offer to allow the first face-
to-face meeting between 01%:

cials of his government aad die

rebels, monitored by internz-
tional and Roman Catholic
observers. He said there would
be no police and no troaps in
the 95-square-mile meeting
zone and again insisted that

mediators arrive unarmed, |
After being removed fam:

the process, Chavez accused
Uribe of betraying him and
froze Venezuela’s once-cordial
relations with Colombia. O1
Monday he signaled that he’s
intent on keeping up the dipto-
matic spat despite the harm i

will cause to the South Amet-:
ican neighbors’ annual $5 |il-

lion in trade.

“That commerciai relation
ship ... I’m sure that’s going to
be hurt,” Chavez told reporter:
after Monday’s inaugurat.o1
“Now instead of buyins so
many things from Colombia. |
will go to Brazil ... Centra!
America, Nicaragua.”

Chavez also said he ha: 1m
plans to return to the Ande
Community trade bloc as ions
as Uribe’s government ts
member.






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12 Days of Christmas - Shop, Save and Win

J








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PAGE 36, THURSDAY, DECEMBER 13 , 2007 | | 7 THE TRIBUNE

STOREWIDE JEWELRY SALE
SO - LOY + 10% Orr
ONE —— ONLY

STERLING SILVER Was OW 414kGOLD EARRINGS SKU# WAS NOW
Medium Hoops 231753 $40.00 $16.00 CZ Heart Earrings 194157 $150.00. é $45.00
2Loop Dangle Earrings — 231922 $60.00 $24.00 Diamond Cut Round Hoops 194335 $220.00 $65.00

3 Set Mutli Shape Earrings . 231909 $80.00 $32.50 3Piece Hoop Set 218857 $220.00 $65.00
2 Set Geometric Dangle Earrings 231915 120.00 $48.50 Basket Weave Hoop Earrings 194169 $170.00 $50.00
8” Flower Link Bracelet. 233656 $90.00 $36.50 Diamond Cut Fluted Hoops = 194186 = $230.00 $70.00
7” Multi Circle Bracelet. 4 -«-—=—=—=S~S« BSB $100.00. «$40.50 ——~Puff Heart Dangle Earrings (194181 $250.00 $75.00
Round ID Bracelet 222175 $120.00 $48.50 Dangle Tear Drop Earrings 194396 $280.00 $85.00
30” Puffed Gucci Link Necklace 223528 $300.00 $121.50 Lali hal ea Hoope apne pe | Sine

Flower Link Necklace 222062 $160.00 65.00 ce
ee . . Star Dangle Earrings 218930 $240.00 — $70.00.

16” ID Necklace 222250 $300.00 | $121.50 .
Polished Twist Hoops 194183 $250.00 $75.00
17” Necklace with Double Heart 233573 $160.00 $65.00

Diamond Heart Earrings 229295 $150.00 $60.75 CZ Snap with Heart Hoops 194144 $195.00 $85.00

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(THE

| POLLD MELE LIE



TRIBUNE



TH URe Dey

Bahamas-based card _
customers owe bank

more than $690,000

@ By NEIL HARTNELL
Tribune Business Editor

BAHAMAS-
based credit
card customers
of Leadenhall
Bank & Trust
still owe more
than $690,000 in
unpaid debts, |
the -bank’s liq-
uidator reveal-
ing that they
have failed to
live up to
repayment commitments dur-
ing the 2007 second half, as he
prepares to seek Supreme
Court approval for a first dis-
iribution to the bank’s credi-
tors. -

In his latest report to the

Bahamas Supreme court, new-

_ ly-elected Bahamas Financial

Services Board (BFSB) chair-
man, Craig ‘Tony’ Gomez, said
some 99 Bahamas-based card
holders owed $690,221 to the
liquidation estate, the amount
having increased upon the
$683,000 detailed in his last
report.

The latest document, cover-

Sw

Private sector concerns over ‘goods-only’ EPA



ing the period between May 23,
2007, and November 30, 2007,
showed that no Bahamas-based
credit card holders had repaid
their debt during this time.
Leadenhall is owed $1.306 mil-
lion by former credit card cus-
tomers, some 310 foreign clients
collectively owing a further
$616,000.

Mr Gomez wrote: “To date,
no significant amounts have
been paid-in by persons who
made commitments to settle
their outstanding credit card
debts.”

Recovery of these credit card
debts is likely to be crucial as to
whether Leadenhall’s deposi-
tors and creditors recover all
their money.

The liquidation estate’s bal-
ance sheet, as at November 30,
2007, shows that Leadenhall’s
assets exceed liabilities by
$1.754 million, meaning that
depositors and creditors stand a
chance of full 100 per cent
recovery. Assets are $28.528
million, liabilities $26.774 mil-
lion.

SEE page 4

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2007

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Online at



Ritz-Carlton construction
expected to begin within
next three to four months

m@ By CARA BRENNEN-BETHEL
Tribune Business Reporter

ertical construction on the
$750 million Ritz-Carlton
Rose Island resort is expect-
ed to begin within the next
three to four months, The Tribune was
told yesterday, pushing the project’s com-
pletion date to the 2010 firstthalf rather
than the 2009 deadline the developers
- had initially hoped for.

Russell Miller, the itz-Carlton Rose
Island’s general manager, explained that
workers were currently dredging the
marina on the property. Some of the fill
from that will be used in the vertical con-
struction, expected to start in the 2008
first half.

Mr Miller added that workers were
also in the process of completely reno-
vating the old Harbour Club on East
Bay Street, which once completed will be
the ferry terminal that will serve as the
arrival and departure lounge for resort
guests.

It will also accommodate access for

600-800 full time employees, who will *

Project’s completion
deadline is pushed back
one year to 2010 first half,
from initial 2009 target

need to be transported in three trips, giv-
en.the three shifts worked by staff.

Six of the Harbour Club’s rooms are
being renovated and, once completed,
will become office space for Mr Miller
and several staff members during con-
struction, plus provide some temporary
accommodations for workers as well,.

The initial Heads of Agreement for
the resort was signed between Ritz-Carl-
ton and the Government on February
13, 2006.

A supplemental Heads of Agreement
was signed on April 11, 2007, to reflect

the transfer of 70 per cent of Marrioit’s
stake in the development to the Miami-
based GenCom Group, the investinent
group headed by Karim Alibhai, which is
the majority shareholder.

‘Marriot retained a 20 per cent share in

‘the resort, with the 10 per cent balance

spilt by three other investors.

At the peak of construction, 900 jobs
will be created. The project is to include
a collection of more than 400 dwellings.

including a luxury resort, private resi- -

dences and a sheltered marina to dock
luxury boats and ei





B® By NEIL HARTNELL
- Tribune Business Editor

THE Government has submitted its
‘goods-only’. offer to the European
Union (EU) on the Economic Partner-
ship Agreement (EPA) to the private
sector for feedback, with The Tribune
having learnt that there are concerns the
offer does nof cover enough trade sectors
and goods.

Under the EPA, market access or
‘soods-only’ offers are designed to cov-
er 85 per cent of the goods trade between

the EU and the 77 members of the

African, Pacific and Caribbean (ACP)
negotiating group, with nations such as
the Bahamas allowed to exclude or
‘reserve’ a maximum 15 per cent of their
industrial sectors from the agreement’s
provisions.

Ginn to raise property
prices by mid-January

By CARA BRENNEN-BETHEL
Tribune Business Reporter

GINN sur Mer, the $4.9-billion Grand Bahama-based develop-
ment, is expecting to raise its property prices in mid-January 2008,
The Tribune has learnt, a move that may surprise some given the
global credit squeeze that has dampened prospects for the Bahamas’

second-home market.

An e-mail circulated by Ginn’s sales executive, Spencer Mallo-
ry, said: “Due to the success we have had at Ginn sur Mer this past
year, Bobby Ginn has decided to raise the prices on all home sites

as of January 15, 2008.”

Mr Mallory also advises interested persons to act now because
“our prices will never be this low again. The inventory selection will
never be this great or come with as many incentives”.

The potential price increase is interesting as it comes during a

global credit squeeze, which may
make it difficult for potential
clients to access mortgage and

Net metering key to
alternative energy switch

SEE page 5

Yet according to a highly-placed pri-
vate sector source, speaking to The Tri-
bune on condition of anonymity, the
Bahamas ‘goods-only’ offer as presently
constituted covers about only one-third
of the potential goods that could be trad-
ed between this nation and the EU.

With the Bahamas falling far short of
the 85 per cent threshold, and way over
the 15 per cent exemption threshold,
there are fears that the EU might reject
its offer, given that the latter must ensure
any EPA that it signs is compliant with
World Trade Organisation (WTO) rules.

It is also understood that the Bahamas
‘goods-only’ offer, as submitted to the
EU, offers minimal tariff liberalisation in
a bid to protect this nation’s import
duties regime, with many goods cate-
gories either excluded or placed in the
‘basket’ of goods were import duties will

either be reduced or phased-out over a
25-year period.

Philip Simon, the Bahamas Chamber
of Commerce’s executive director,
declined to comment on the private sec-
tor’s position on the Government’s
‘goods-only’ EPA, saying it first wanted
to communicate its feedback to Zhivar-
go Laing, minister of state for finance,
who is leading the Government’ efforts
on the EPA.

However, Mr Simon confirmed that
a copy of the EPA offer had been sent to
the private sector, through the Bahamas
Trade Commission and its chairman,
John Delaney, for consultation to seek its
comments.

“We know there has been a revised
draft of a goods offer. A goods offer was
prepared earlier this year by the previous
administration. This one is slightly dif-

ferent,” Mr Simon told The Tribune.
Whether the former PLP administra-
tion submitted a market access offer
became a matter of political contention,
the former government contending that
the Ambassador t ARICOM, A
Leonard Archer, delivered the docu-
ment to the CARICOM Regional Nego-
tiating Machinery (CRNM).
However, others argued that the
Bahamas’ market access offer was never
discussed as it was not placed on the
table to be negotiated over by this
nation, CARIFORUM and the EU.
“We're reviewing it, and a responsible
position will be made to the Bahamas
Trade Commission,” Mr Simon said of

‘the ‘goods-only’ offer.

SEE page 4

@ By NEIL HARTNELL
Tribune Business Editor

INTRODUCING net meter-
ing would be “the motivating
factor” for many Bahamian
companies to adopt alternative
energies systems, the Bahamas
Chamber of Commerce’s presi-
dent told The ‘Tribune yester-
day, as doing so would not only
reduce operational costs but
also provide an instance return
on investment through ‘credits

for supplying the national grid.

Dionisio D’Aguilar, who is
also Superwash’s president, said
that with energy costs becoming
an ever-increasing factor for
Bahamian businesses and com-
merce, the Government “should

look” at reducing and eliminat-
ing all import and stamp duties
on alternative energy system
components as a way of encour-
aging people to invest in it.

On net metering, which
would involve Bahamian busi-
nesses and companies receiving
credit for providing excess pow-
er from their solar energy sys-
tems to the national power
grid, Mr D’ Aguilar said: “Net
metering would make a huge
difference. It would be a moti-
vating factor to a lot of com-
panies, as they would not only
reduce their operational costs,
but get a credit for selling back

SEE page 5

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PAGE 2B, THURSDAY, DECEMBER 13, 2007

THE TRIBUNE



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How to setupa
non-profit firm

A NON-profit company
may be incorporated in the ©
Bahamas under Sections 170
to 178 of the Companies Act
1992 for social, cultural, char-
itable and other non-pecu-
niary causes, as specified in
Section 14 of the Act.

Section 170 of the Act
defines a “non-profit compa-
ny” as a company with no
authorised share capital,
which is carried on without
pecuniary gain to its mem-
bers.

As a company with no
authorised share capital, the
non-profit company may be
incorporated as a company
limited by guarantee, as an
alternative to a trust struc-
ture.

By its very nature, as a
company limited by guaran-
tee, the non-profit company
is not permitted to make dis-
tributions to its members. It
can only make payments for
charitable purposes, as the
objects in its Memorandum
of Association must specifi-
cally state.

Notwithstanding that fact,
each member participates
equally in the assets of the
company, irrespective of any
variation in subscriptions
paid, unless contrary provi-
sions exist in the Articles of
Association.

Each first director becomes
a member of the company
upon the incorporation of a
non-profit company. The
directors of the non-profit
company may also make the
cOmpany’s by-laws.

The minimum number of
directors for a non-profit
company is three directors.

There is no restriction on
the number of members of a





non-profit company, unless
otherwise determined by the
Articles of Association.

The Articles of Association
of the company may provide
for more than one class of °
membership, the designations
and terms of which must be
specifically stated.

A person is permitted to be
admitted to a non-profit com-
pany by resolution of the
directors, subject to the pro-
visions of the Articles of
Association.

Each member of a non-
profit company may have one
or more votes or no votes,
depending upon the Articles
of Association.

With regard to the transfer-
ability of membership in a
non-profit company, the
interest of a member may not
be transferable, unless other-
wise stated in the Articles of
Association. Such member-
ship will lapse and cease to
exist upon the resignation or
death of the member. How-
ever, the interest in the non-
profit company may contin-
ue, notwithstanding the ces-
sation of membership.

Section 178 (2) of the Act
states: “Where the Articles
do not provide for the distrib-





ution of its remaining proper-
ty, the property of a non-
profit company may, by reso-
lution of directors, after pay-
ment of all debts and liabili-
ties, the remaining property
[can be] be distributed or dis-
posed of to any organsation
in the Bahamas, the under-
taking of which is charitable
or beneficial to the communi-
ty at large.”

The non-profit company is
incorporated in a similar way
to that of a regular Compa-
nies Act company, with the
requirement to reserve and
confirm the availability of the
name at the Companies Reg-
istry of the Registrar Gener-
al’s Department for 90 days,
and prepare and submit the
Memorandum and Articles of
Association of the company
(with its specific objects), in
order to incorporate the com-
pany.

However, a draft copy of
the Memorandum and Arti-
cles of Association of the
non-profit company is

- required to be submitted to

the Registrar General for
review, before submission for
incorporation of the compa-
ny, in order to verify and con-
firm the objects and purpose

of the company, in accor-
dance with the provisions of
the Act.

Once the Registrar Gener-
al has confirmed that the
objects of the non-profit
company are for a charitable
or non-pecuniary purpose, in
conformity with Section 14 of
the Act, the draft Memoran-
dum and Articles of Associa-
tion must be finalised, prop-
erly executed by the first
directors, and re-submitted to
the Companies Registry for
incorporation.

Stamp duty in the amount
of $5 must be paid to the
Public Treasury, and an
incorporation fee of $330
must be paid to the Compa- .
nies Registry on submission
of the Memorandum and
Articles of Association, and
incorporation of the non-
profit company.

© 2005. Tyrone L. E.
Fitzgerald. All rights
reserved. NB: The informa-
tion contained in this article
does not constitute nor is it a
substitute for legal advice.
Persons reading this article
and/or column, generally, are
encouraged to seek the rele-
vant legal advice and assis-
tance regarding issues that
may affect them and may
relate to the information pre-
sented.

Tyrone L. E. Fitzgerald is a
practising attorney with
Fitzgerald & Fitzgerald.
Should you have any com-
ments regarding this article,
you may contact Mr Fitzger-
ald at Suite 212, Lagoon
Court Building, Olde Towne
Mall at Sandyport, West Bay
Street, P. O. Box CB-11173

Answers sought on Florida
investment pool withdrawal

@ By DAVID ROYSE
Associated Press Writer

TALLAHASSEE, Florida
(AP) — Withdrawals from
Florida’s local government
investment pool appear to be
settling down, a financial firm

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said Tuesday, as the board that
oversees the fund continued to
push for answers about how the
pool was hit by a multibillion-
dollar run last month.

The State Board of Adminis-
tration’s trustees on Tuesday
continued to push for answers
to how the fund invested in
mortgage-backed securities that
ratings companies downgraded.
That led local governments to
withdraw more than $13 billion
in a run that was stopped by
closing off access to the account
for a week.

The board also unanimously
named a new interim executive
director for the board of admin-
istration, which administers a
range of state investments, in
addition to the local govern-
ment pool, including the $138
billion pension fund.

Hoping to boost investor con-
fidence, the board chose a wide-
ly-respected figure in state pol-
itics, former state Comptroller
Bob Milligan, who is now serv-
ing as the state’s insurance con-
sumer advocate.

Milligan, who was a trustee
of the board when the comp-
troller was formerly a member
of the state Cabinet, said he
would hold a meeting in early
January with investors in the
fund to help deal with their con-
cerns.

“We will come to grips with
what we need to do to get this
operation on the right track,”
Milligan said.

In an earlier conference call
with several investors in the

fund, officials from the New
York investment firm hired by
the trustees to manage the fund
tor now painted a picture of an
improving situation. After $1.2
billion was withdrawn the first
day the fund was reopened last
week, redemptions have slowed
considerably, BlackRock Inc.
officials said.

On Tuesday, $84.3 million.

was taken out, and about $8.9
million was put in. The part of
the account remaining open to
investors stood Tuesday at just
under $10.2 billion.

“It’s definitely stabilizing,”
said BlackRock Vice Chairman
Barbara Novick. “We're very
heartened by the first few days.”

The state’s pool is one of a
wide ranging. number of
investors to be affected by a cri-
sis in global credit markets as
investors face the prospect of
not being repaid on mortgage-
backed securities, due to rising
mortgage defaults.

Chief Financial Officer Alex
Sink said the state board’s audit
committee will look for answers
to several questions, including
why the state’s investment poli-
cies allow for holdings that
would so spook local govern-
ments.

Sink and other board mem-
bers, including Gov. Charlie
Crist, stil want to know what
led money managers at the
SBA to buy “distressed assets”
that have since had to be iso-
lated in a separate closed fund.
Sink wants auditdrs to find out
when those were purchased,

what their ratings were at the
time of purchase and what mon-
ey managers did once they were
downgraded and why.

Sink also said auditors specif-
ically should ask whether the
board has a duty to disclose
downgraded assets to investors,
and how many holdings in oth-
er state accounts have been
downgraded by ratings firms.

Local governments remain
worried about limits on how
much they are allowed-to with-
draw from the account without
paying fees. Many need access
to the money to pay bills.

BlackRock official Chris
Stavrakos told investors Tues-
day that withdrawals will be lim-
ited less as the fund stabilizes,
and that he expects an increase
in the amount available by.
about five or 10 per cent in the
first few months of 2008.

Novick said BlackRock con-
tinues to work to line up a bank
loan programme, where private
banks would make loans avail-
able to local governments with
the balance in the fund as col-
lateral, for cases where local
governments need more cash
than they’re allowed to with-
draw without a fee.

The trustees of the state
board also planned Tuesday to
name an interim replacement
for former SBA Executive
Director Coleman Stipanovich,
who resigned last week amid
questions about the pool, which
dropped from more than $27
billion to $14 billion by the time
the fund was closed to investors.




THE TRIBUNE

THURSDAY, DECEMBER 13, 2007, PAGE 3B





PM to receive report on ‘vexing
business issues’ by January-end

@ By NEIL HARTNELL -

Tribune Business Editor

THE Bahamas Chamber of

Commerce will submit a
report on the main issues
impeding the growth and per-
formance of Bahamian busi-
nesses to Prime Minister
Hubert Ingraham “by the
end of January”, The Tribune
was told yesterday.

Philip Simon, the Cham-
ber’s executive director, said
a series of roundtables held
with the organisation’s mem-
bers and business executives
had yielded a mixture of new
and old concerns on the
problems facing Bahamian
business when it came to con-
ducting commerce and their
experiences in dealing with
government departments and
agencies.

Among the concerns
raised, Mr Simon said, were
price controls, double taxa-
tion, Customs, problems in
obtaining work permits from

the Immigration Department’

on a timely basis, and “delays
and inefficiencies in various |
agencies that all contribute to
the bottom line”.

Mr Simon said that for
example, if it took an “inordi-
nately long period of time”
for a work permit application
to be processed, the worker
in question might eventually
become fed up that their

Philip Simon



future was in limbo, and
instead take a job ina rival
jurisdiction.

This, he added, “happens
all-the time”, with the end
result that the Bahamas-
based employer loses the
time, money and effort
invested in the initial applica-
tion process, and has to ret-
start this all over again.

“The cost of doing business
is impacted by inefficiencies
and delays,” Mr Simon said.

“Government is moving to
increase its e-capability and
eliminate the need to go into
government offices and
obtain copies of original
forms.

“If that can be done
straight across the board, not
only will it improve business

efficiency but it will also
reduce the amount of traffic
on the streets.”

The systems in government
departments and agencies
were currently people-depen-
dent, the Chamber executive
said, meaning that if the rele-
vant person was not there or
in a meeting, the permits,
approvals and requests that a
businessperson needed would
not be processed.

As aresult, Bahamian
business executives spent
much time going in and out
of government offices, often
for little reward.

‘Transparency was another
issue, Mr Simon said, while
concerns were also expressed
about the high upfront costs
of starting a business. Start-
ups that had to import their
inventories were faced with
high upfront payments to
Customs on import and
Stamp duties before one
product was sold.

The fishing industry, the
Chamber’s executive director
said, pointed out that they
had to purchase a vessel and
show their capabilities before
they were given a commercial
fishing licence. Yet there was
no guarantee they would
obtain the licence despite the
heavy initial capital invest-
ment.

From the construction
industry, Mr Simon said con-

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position:

AIR CONDITIONING TECHNICIAN

Serves as the Air Conditioning Technician and is responsible for a variety of
functions including plumbing, electrical and welding maintenance, repair, diagnosis,
installation and testing of a variety of industrial and commercial grade air

conditioning systems.

This position is open to candidates with the following qualifications:

A minimum of two years vocational training resulting in a certificate as an
A/C refrigeration technician and one year of vocational training and certificate

cerns had been voiced about
the business licence fee being
levied/based on the gross val-
ue of the contract in ques-
tion, as companies often end-
ed up paying in taxes what
they earned in profits.
Instead, they were urging
that the fees be levied on the
gross margins, not the gross
sales.

Other concerns included
the fact that if not all docu-
ments relating to a planning
application were in order,
companies had to wait anoth-
er month or 30 days before
Town Planning met, while
the Bahamas Motor Dealers

Email address:



“4

Association (BMDA) had
raised issues relating to the
importation of wrecked cars,
used vehicles, emissions and
the environmental impact.
There had’even been a sug-
gestion that a nationwide
employee database be creat-
ed, so companies could track
and monitor problem
employees, and prevent them
from bouncing from one job
to the next.
“It was, in a word, enlight-
ening,” Mr Simon said of the
roundtables. “Some of the
issues were new issues, but it
was certainly informative and
we appreciate the many com-

PUBLIC NOTICE

This is to advise the public that
THE NEW MAILING ADDRESS OF

THE INDUSTRIAL TRIBUNAL



is
P.O. BOX N-4939

ndustrialtribunal@bahamas.gov.bs |



WE HAVE ALSO EXTENDED OUR CURRENT
TELEPHONE AND FAX NUMBERS OF
325-6923, 325-6942, 325-6954

325-7614 (FAX)

TO INCLUDE 325-7613 AND 323-3650 (FAX) AS
ADDITIONAL NUMBERS TO CONTACT THE INDUSTRIAL TRIBUNAL

panies involved in it.

“There was a passion to
make things better, not just a
complaint about government
services and structures.
We’re compiling a report that
willbe submitted tothe.
Prime Minister by the end of
January.”

The Chamber’s series of
business leadership roundta-
bles, under the theme ‘Vex-
ing Business Issues’, were
designed to obtain feedback
and possible solutions to
problems the Bahamian busi-
ness community experienced
in dealing with government
bodies and processes.








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in electrical craft skills. to view your transactions and account balance
. te i ae . anywhere, anytime

Two years as an Air Conditioning Technician and a minimum of one year Ot
apprentice level or the equivalent in electrical maintenance and/or installation
required.

Very competitive fees and rates & much more!

Must have a familiarity with National Electric, or Canadian Electric codes and

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Must be able to read and comprehend blue prints and have knowledge of
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3
7
‘

and VISION

B, THURSDAY, DECEMBER 13, 2007

“WE ARE NOW
LOCATED IN





Core ¢ Responsibilities:

Vlanages a portfolio of delinquent loans, conducts credit
risk assessments by inspecting collateral.

(omplies available.data and prepares a variety of reports
io aggregate delinquent account information. af
Participates in special projects such as assisting with GG

Student Loans, and research.

Performs administrative duties, such as updating and
ne files, posting funds to accounts.
Conducts initiating legal action and coordinates responses

and activities.

lay manage distressed properties by showing properties
to potential buyers, and answering inquiries.

Anowledge Skills and Abilities:

Associates degree or Institute of Financial Services
Certificate, or three (3) to five (5) years of banking

experience.:

Ccrtificate in Credit and Collections, credit risk assessment
uaining, and certificates in Accounting or college level

course in Accounting.

Working knowledge of appraisals to understand legal

focuments.

(omputer literate — Ability to use MS Word and Excel
nowledge of laws governing contracts and properties to

conduct court appearances.

netits include: Competitive salary commensurate with
pclicice and qualifications; Group Medical (includes dental. .
) and life insurance; pension scheme.

litcrested persons should apply no later than December 18"

07 to:

BUSINESS —

Private sector concerns




THE TRIBUNE





over ‘goods-only’ EPA

FROM page 1

“In terms of our ability to
provide a comprehensive
review, we don’t have the
capacity, nor do we have the
resources, nor do we have the
time to do it. We’re trying des-
perately to work with what we
have.”

Mr Simon added that the pri-
vate sector was seeking further
clarification from the Govern-
ment on its approach to negoti-
ating the EPA and its ‘goods-
only’ offer, as “we know the
Bahamas is approaching the EU
directly on its submission”, out-

Side. the CARIFORUM. aus-

pices.
The Chamber executive said
the private sector was conscious
of the future implications of
what was negotiated for the
EPA, adding that it could set a
precedent/base for. future trade.

‘talks with the US on the

Caribbean Basin Initiative
(CBI) replacement; Canada on
the CaribCan replacement; and
World Trade Organisation
(WTO) membership.

The EPA agreement is sup-
posed to be signed with the

EU by December 31, 2007, and
that deadline is now fast
approaching - only two weeks
away. It will replace the Coto-
nou Agreement, a one-way
trade preferences regime that
benefited the Bahamas and the
Caribbean in terms of provid-
ing duty-free market access to
European states for their
exports.

Yet the Cotonou Agreement
runs against World Traue
Organisation (WTO) rules,
which call for reciprocity or
trade preferences that flow to
both parties in a trade agree-
ment, and the EU is not going
to seek a WTO waiver for that
agreement’s continuation.

Therefore, and with the
Bahamas unable to access the
EU’s General System. of Pref-
erences (GSP) because it is
classified as a developed

-Nnation,.this nation’s exporters
to Europe - chiefly the fish-~

eries industry, Bacardi’s rum
products (for one final year),
and Polymers International. -
would likely lose their duty-
free market access to the EU if
the Bahamas did not sign on
to the EPA by December 31,

2007.

In the case of the Bahamas,
the “trade-off” to preserve
duty-free market access for this
nation’s exporters was to give
up some $10-$14 million in
import and stamp duty rev-
enues earned from EU-origi-
nated imports per year.

This was seen as helping to
maintain the Bahamas’
favourable $20 million net pos-
itive trade balance with the
EU, this nation having export-
ed $66 million worth of prod-
ucts in 2004 and imported just
over $44 million. Many EU
imports are allowed to enter
the Bahamas duty-free, given
that they are used i in the tourist
industry.”

The consequences of not
preserving duty-free market
access for Bahamian exports
could be severe. Polymers
International has warned that

“it will put ptans-‘to-expand the---

capacity of its Freeport plant

by 20 per cent “on hold” if the °

Bahamas does not sign the
EPA, fearing that it stands to
lose 8-10 per cent of sales if it
loses duty-free market access
to the UK.

A Ministry of Foreign
Affairs briefing note submit-
ted to the former PLP Cabi-
net said that apart from the
direct impact on Polymers
International, which employs
88 persons and 10-20 contrac-

‘tors, loss of its EU duty free

market access might also
impact Freeport Container
Port and the Grand Bahama
Power Company, the latter of
which generates 10 per cent of
its revenues from Polymers.
Apart from Polymers Inter-
national, the other major
export industries that would
be negatively impacted if the
Bahamas did not sign on to the
EPA would be __ the
seafoods/fishing industry,
which sends $60 million in
exports per annum to the EU,
and Bacardi’s rum exports.
Although Bacardi is closing its
Bahamas-based operations by

2009, it still-has “hundreds_of..

thousands of gallons of rum
products” that it can still
export to the EU throughout
2008. Mr Laing did not return
a phone message seeking com-
ment before press deadline
yesterday.

Bahamas-based card customers owe bank more than $690,000

FROM page 1

Yet this will largely depend on Mr
Gomez’s ability to recover the lion’s share
of some $3.458 million listed on the bal-
ance sheet as loan receivables net, meaning
that these are outstanding loans made by
the bank and now owed to it by the bor-
rowers. The credit card debts of $1.306 mil-
lion will be included in this amount.

Meanwhile, Mr Gomez said he had
“instructed counsel [Sidney Cambridge at
Callender’s & Co] to prepare the neces-
sary documents to be presented to the court
for the first distribution to creditors”. This
implies that creditors and-depositors might
glimpse a first sighting of their funds in the
New Year.

Leadenhall holds a $16.251 million invest-
ment portfolio that is managed by Generali
International, an insurer, via an insurance

|
|
|
,
i

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legal rights to your property be challenged.

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process of purchasing real estate by identifying and elimnating any
circumstances that could endanger your right of ownership. Title insurance
indemnifies you against loss, thereby shielding go against title defects caused

policy. Generali, Mr Gomez said, charged a
$118,156 fee per quarter for managing the
portfolio.

Between the period April 1, 2007, and
September 9, 2007, Leadenhall had earned
a $61,935 net gain on the policy, interest
of $298,248 exceeding the $236,313 in fees
paid.

Yet Mr Gomez noted that, after inquiring
on November 21, 2007, he was told that
Leadenhall would be charged $227,723 by
Generali in the form of an Early Discon-
tinuance Charge if the bank sought to with-
draw from the policy now. To avoid this
charge, Generali told Mr Gomez that the
policy would have to run until March 2009.

The Caledonia Fund Investments Ltd,
an investment fund in which Leadenhall
held a $3 million investment and 78 per
cent ownership, had meanwhile been placed
into liquidation, Mr Gomez added.

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Faster turnaround

In his efforts to recover loans owed to
Leadenhall, Mr Gomez said the Bahamian
attorney for one borrower, Nuvo, had
served a summons on his attorney to pre-
vent the release of funds held in escrow to
the liquidation position.

Nuvo had sold a Canadian property it
owned to repay the Leadenhall loan bal-
ance, but was disputing the interest rate
applied to this loan. Mr Gomez warned
that even after recovery: there would be a
“shortfall which the bank may be forced to
write off”.

The liquidator added that he had instruct-

ed his attorney to begin legal proceedings
against one borrower who had real estate in
the Bahamas. Mr Gomez said the borrow-
er’s allegation that he had suffered “sub-
stantial investment loss regarding a securi-
ty held by the bank as collateral for the
loan..... cannot presently be substantiated”.



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THE TRIBUNE

THURSDAY, DECEMBER 13, 2007, PAGE 5B





Eleuthera resort
tarts lot sales

FROPERTY lots are now
available in the $85 million
Cape Eleuthera Resort and
Yacht Club, the developers
have said.

They added that the Cape
Eleuthera Yacht Club has the
longest mega yacht dock on
Eleuthera at more than 50 feet,
enabling owners of larger ves-
sels - more than 200 feet in
length, with depths of up to 35
feet - to visit the island’s marina.
This has 55 slips, with a capaci-
ty of up to 200.

According to a release recent-
ly issued by the company, there
are 26 waterfront properties
available, with townhomes start-
ing at $800,000, beach villa lots
starting at $600,000, and private
home lots beginning at
$800,000.

The Cape Eleuthera resort
and real estate project is being
developed by the DeVos family,

who formerly owned Peter.

Island in the British Virgin
Islands.
The Heads of Agreement for

the project was signed on May
3, 2005, between the Govern-
ment, Cape Eleuthera Proper-
ties and Powell Point Propertes.
The agreement calls for a 60
bedroom hotel and upmarket

‘residential community and

marin, with a wide range of
amenties including roads, restu-
ranta, shops, swimming pool,
utility services and residential
accodomations, as well as sev-
eral community outreach pro-
gramm es such as a Cape
Eleuthera School, community

centre of 4,000 square feet, a
park and playground, a sporting
complex and reverse osmosis
plant.

“Cape Eleuthera is not for
everyone,” said David Green,
managing director. .

“It will never be a-Las Vegas
style resort transplanted in the
Caribbean, but our guests are
able to enjoy an authentic,
Bahamian Out Island experi-
ence and that is what makes us
so appealing.”

Net metering key to alternative energy switch

FROM page 1

to the grid.”

Between the propane gas bill
and the electricity bill, Mr
D’ Aguilar said his Superwash
laundromat business was
spending between $180,000-

_$190,000 per month on energy

costs.

“This is becoming a real, sig-
nificant and ever-rising cost of
doing business,” the Chamber
president said. “These are
issues that we now have to
focus on how we deal with
them. In the past, we put up

prices, because there is only s0
much the market can bear.
This is a major, major con-
cern.”

Haiti was one nation increas-
ingly examining biodiesels, and
generating power from fats and
solubles, Mr D’Aguilar said,
while Barbados had been

“very successful” in adopting a:

policy that all water heaters
rely on solar thermal energy, a
move that had reduced that
nation’s energy costs and
reliance on oil imports.

. Mr D’Aguilar said Super-
wash had looked at using solar
energy in the past, but had

found the cost of purchasing
and installing all the. equip-
ment and systems too expen-
sive.

In addition, the amount ‘of
solar panels needed to gener-
ate the required amount Of
energy was so large that they
could not all fit on the roof,
meaning they would have tak-
en up valuable real estate, he
added. Then there was the fear
of vandalism.

To encourage the use of
alternative energy, the Gov-
ernment will also have to
amend the Electricity Act, as
the'current legislation prohibits

‘consumers in areas where the

Bahamas Electricity Corpora-
tion (BEC) power supply is
available from generating their
own electricity, except in pow-
er outages. That would
penalise alternative energy
users,

However, Mr D’ Aguilar said
that businesses should not be
held up or delayed from
switching to alternative ener-
gies by this, as there was no
‘energy police’ in the Bahamas
to enforce it. With energy costs
having become so serious an
issue, he suggested there was
likely to be some flexibility.



FROM page 1

Ginn to raise property prices



other forms of debt financing - and at
appropriate interest rates - to meet the cost
of second home purchases.

John Davies, Ginn’s vice-president, was
unavailable for comment as his assistant
said he was in meetings. It remains unclear
just how big the price increase will be.

The Ginn sur Mer development will serve
as Ginn Clubs & Resorts flagship Caribbean
development. The project currently under
construction in West End will feature a
2,000 acre resort community that will con-
tain more than 4,400 condominium and
hotel units, nearly 2.000 single family resi-

dential home sites, signature golf courses
designed by Jack Nicklaus and Arnold
Palmer, clubhouses, two large marinas, a
private airport, a Monte Carlo- style casino,
water and swim pavilions, a beach club and
a spa.

According to the Heads of Agreement
for the project signed with the previous
administration, any condos sold by Ginn
for $250,000 or more in the period between
the first sale and 20 years later will attract
stamp duty at a rate of 2 per cent.

This is 8 per cent less than the normal
stamp duty rate for properties of that value
is 10 per cent.

¢ Excellent opportunity
for you to control your

income.

e You are limited only to

your potential

e Flexible hours available
e Excellent commissions

and benefits

e Must have a proven track record in sales
e Professional appearance a must

e Must have reliable transportation

e Ability to meet and adhere to strict deadlines
e Excellent written and communication skills.

Apply in writing to
Sales Representatives
Box PM-1
C/O The Nassau Guardian
P.O. Box N-3011

Nassau

Bahamas



The sale of the homes in Ginn is essential
to the success of the development; as the
Heads of Agreement states: “The timely
sale of lots, condominiums and other resi-
dential units within the project to Bahami-
an and non-Bahamian purchasers is critical
to the success of the project and the rede-
velopment of the West End settlement.”

As a result, the government committed to
an accelerated consideration of such
approvals, noting that pre sales of residen-
tial lots and units were an important part of
the sales and marketing of the project and
would begin before any infrastructure was
installed in West End.

Financial Controller.

Job Objective:

Permanent Secretary.
Primary Duties:

functions.

decisions.

ministry.

e Bahamian citizen.

January 15, 2008 to:





HARBOURSIDE
MARINE
Tse ere mea EYES Ey

Workshop ond Sthawre
PRY 282 IGS-OZENIOS- 34649! Fax: 242 39

VHA ©: Moons Erugine

Harbourside Marine is looking for Golf Cart
Technician with experience in Gas
and Electric repairs/service.

Please fax resume to: 394-7659

HELP WANTED

SHOGUN REVOLVER
Restaurant ¢ Lounge ¢ Terrace
Modern Asian Dining Concept
¢ Wait staff: Previous experience in high-end
dining establishments a must.
¢ Kitchen Staff: Extensive knowledge of
Asian Cuisine and wines a definite asset.
© Wine Steward/Sommelier: Previous restaurant
and floor sales experience. |
¢ Food Runners: For bussing of bar and table
expedition.

Fax resumes to: 328-8381
or email to: info@shogunrevolver.com



Urgently seeking Director Of Human Resources
5-10 years experience, salary commensurate with
experience and qualifications.

P.O. Box CB-12707
Nassau, Bahamas

Write to:

Financial Controller

Our client, a Government Ministry, is seeking applications for the position of

To provide leadership and coordination of the financial planning and budget
management functions and to ensure the Ministry’s accounting procedures conform
to the Financial Administration and Audit Act of 1973. The position reports to the

¢ Direct and coordinate the Ministry’s financial planning and budget management

e Recommend procedures for measuring the financial and eperanne performance
of divisions and departments.

e Monitor and analyze monthly operating results against budget.

¢ Oversee daily operations of the finance department.

¢ Manage the preparation of monthly ministry expenditure reports, financial
outlooks and forecasts.

¢ Prepare financial analysis for contract negotiations and product investment

¢ Work with department managers and corporate staff on business plans for the

¢ Establish and implement short and long range departmental goals, objectives.
policies and operating procedures. |

¢ Design, establish and maintain an organizational structure and staffing to
effectively accomplish the department’s goals and objectives.

¢ Oversee financial management of foreign operations.

¢ Represent the ministry externally to government agencies, funding agencies
and the general public.

Requirements & Personal Attributes:
Candidates must meet the following criteria:

* Knowledge of finance, accounting, budget, and cost control principles.
Knowledge of the Financial Administration and Accounting Act of 1973.
Knowledge of US federal and state financial regulations where applicable.

¢ Ability to analyze financial data and prepare financial reports, statements and
projections. Working knowledge of short and long term budgeting and forecasting.
project budgets, and other financial analysis,

¢ Professional written and verbal communication and interpersonal skills. Ability
to motivate teams to produce quality material within tight timeframes and
simultaneously manage several projects. Ability to facilitate and participate
in group meetings.

¢ Bachelors Degree in Finance and/or Accounting. Professional accounting
designation; ACCA, CA or CPA desirable. Minimum of five years experience
in senior-level finance or accounting position.

The position offers an attractive salary with a benefits package, reflecting the
successful applicant’s experience and qualifications.

Qualified individuals should submit complete resumés including references before

Mark EF. Munnings
Partner
P.O. Box N 7120,
Nassau, Bahamas
or

Email: mmunnings @ deloitte.com.bs

Deloitte
PAGE 6B, THI





All that

of the subs
New Fray
zoned 3
near the



bend belk

Neo. 17



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All that pi
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LOT No
FORTUNE
All that Io!
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LINCO!

| Unit 5, Blo
| Located on f

LOT N«



All that fo

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kitch
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coat:
painted










BER 13, 2007 | THE TRIBUNE

co) a nneamaa NNO

rMENT OPPORTUNITY

MUST SELL
FAMILY ISLANDS |




Appraisal: $300,000.00

9,626 square feet, being lot number 40,
Port, situate in the Western District of
eguiar in shape, is on a level grade and
‘\n electrical connection outlet is located
ocated on Sandy Port Drive just on the
southern Side of the road.

ABACO | Appraisal: $108,000.00

PORTION OF MURPHY TOWN CROWN
ALLOTMENT, MURPHY TOWN, ABACO.

The property is 89 x 100 ft
and rectangular in shape.
The land is’ elevated
approximately 15 ft above
road level and
approximately 25 ft above
sea level. Located on this
property is a twenty-year-
old three bedroom, two
bathroom, living, dining,

kitchen and laundry room house. The structure requires much





rES Appraisal: $930,000.00

All that lot of land having an
area of 30000 square feet,
being lot Number 17 of the
subdivision known as
Westridge Estates Addition.
Situate in the Western District
on the island of New




‘ attention.
Providence,
Located on the = subject
property is a newly
constructed single story PESHHSEHHOHRHOOHROEHHOHEROEHROOHROOES
structure comprising 6,000
feet of living space with a .
three Car Garage. EXUMA Appraisal: $1 70,000.00

if ee uErises five bedrooms, four and a DUPLEX IN LOT 6625
“ely” fooray eeneny laundry 2nd | BAHAMA SOUND No. 8, EAST, EXUMA

Trapezium shaped lot 35
ft. above sea_ level!
comprising 10,000 sq. ft.
Situated thereon is a 10-
year-old single storey
duplex, 2 bed, 1 bath,
kitchen, living/dining
|; area and porch.
(Building is in need of
repairs).

' Bay, take the road heading west into
on the Right, Westridge Drive. Subject
on the right hand side of the road.






SHCHSHHOHSHSCHHHOHRESHOHROSHSOREOEROOE

EXUMA Appraisal: $673,075.00

CASTELRAG ESTATES, LOTS 129 & 130
EXUMA HARBOUR SUBDIVISION

SMAAK ly “9 The subject property is located
on Kingway Road and is
developed with an area of
20,000 square feet. Situated
thereon is a_ residence
comprised of 3,645 square feet
of living accommodations,
_ inclusive of 4 bedrooms, 2
baths, with laundry and utility
. Spaces and a two bedroom one
\\ bath guest cottage of 600
\\ SSS square feet. The property is

fenced with white picket fencing and has a Gazebo at the highest portion
of the property.





redrooms, 2? bathrooms.
va Birch Curt, Bahamian North

S-ONVISION Appraisal: $75,000.00

f land described as lot 7 block 21,

2» and Mid Chipman Road, Unit 2,

Freeport, Grand Bahama. The lot
ned as multi-family residential.













INIT 3
IVEISION Appraisal: $38,000.00

an area of 12,650 sq. ft. being lot No.
‘ision known and designated as Fortune
| Bahama. Duplex property zoning with

BAHAMA SOUND 10, .
EXUMA Appraisal: $20,000.00

All that piece, parcel or lots 12571 and 12572, Bahama Sound of Exuma
10, total area of 20,000 square feet. Bahama Sound is a sudivision
situate at the southwestern portion of the Forest Estate between the
settlements of Southside and Richmond Hill, Great Exuma, Bahamas.

BY CLOSE Appraisal: $38,500.00

igie family residence, Clearwater Close.
roximately 17,404 sq. ft.





PARCEL OF LAND, PALMETTO POINT
ELEUTHERA Appraisal: $112,105.00

All that piece, parcel or lot of land 2,743 feet East of the junction of the
Palmetto Point road and main Eleuthera Highway containing 2.45 acres.
This site encompasses a 28-year-old single storey concrete structure of
approximately 832 square feet of enclosed floor space inclusive of sho
space and rest reom facilities. '

HAMIA MARINA
SION, FREEPORT,
Appraisal: $337,000.00


























J. Se Vi

SPIER
.
\

\ \\
\\\ \
\ \
~

\
OC \



2 Xen

ea Of 16,533 sq. ft. being lot No. 3

d designated as Bahamia Marina and
ion, Freeport, Grand ‘Bahama. Located
comprising a 3 year old duplex
oproximately (3,058) square feet.
bedrooms, 2-bathroom with private

s living and dining room, full service
room, foyer/hallway with linen and
fully secured by six foot plastic

‘ong the side and rear and adjoins the
lars at front with electronic gate.

\
~
\ NS
\ \\
~~ x

ZZ






Chick on “Real Est
| Click on Do







Ae rg
E @ 502-3077 - E-mail philipwhite@scotiabank.com

bids to P. O. Box N-7518 Rosetta Street, Nassau, Bahamas

+ nage rene cone: Re NeneeRe








<2 Oe. ~~

— e-em how
IHUHSVDAY, DECEMBER 13, 2007, PAGE 7B

INVESTMENT OPPORTUNITY

THE TRIBUNE

TRIBUNE,

MUST SELL si

MISCELLANEOUS PROPERTIES

Must Sell Lot No. 597
Gardens





Eleuthera Island Shores
Subdivision LOT NO. 1,
BLOCK NO. 45,
ELEUTHERA ISLAND SHORES

All that piece parcel or lot of land having
an area of 9,644 sq. ft. being lot #1 in
block 45, Section “E” in the subdivision
called and known as Eleuthera Island
Shores Subdivision, situated in the vicinity
of Hatchet Bay Harbour, on the island of

Eleuthera, one of the islands of the
Commonwealth of The Bahams. This site encompasses a two storey building which is approximately
14 yrs old and is abandoned. There is a wooden landing approximately 7’-4” wide by 20’-0” on the
upper level, approximately 1,610 sq. ft. of enclosed living space, with 3-bedrooms, 2-bathrooms,
front room, dining room, den, kitchen, and utility room. The wooden porch on the upper level is
approximately 148sq. ft. There is also a water cistern under the dining room floor area. All utilities

and services available.
. Appraisal: $151,007.00
This property is situated in Eleuthera Island Shores.

All that lot of land having an area of 3,200 sq ft, being
lot 597 Melvern Road of the subdivision known as
Yellow Elder Gardens, the said subdivision is situated
in the southern district of New Providence Bahamas.
This property is comprised of a 26 yr old single famil
residence consisting of approximately 1,510 sq.
of enclosed living space, with 3-bedrooms including
master bedroom, 2-bathrooms, living/dining room,
kitchen and utility room. The residence also consists:
of a front porch and two patios.



The land is on a grade and level; however the site appears to be sufficiently elevated to disallow the possibility
of flooding ane annual heavy rainy periods. The grounds are fairly kept, with improvements including
driveway and walkway. The yard is enclosed with chain linked fencing.



Appraisal: $133,395.00
Traveling west along Melvern Road from the ape center road, follow the road to the left. the subject
property is the 5th property left situated between Zris Court and Richie Court, painted White trimmed yellow.



LOT NO. 1 WESTERN SHORES HAMILTON’S, LONG

ISLAND

All that piece parcel or lot of land and
improvements situated in the settlement
of Hamilton's in the Island of Long Island,
and comprising of approximately 13,547
sq. ft. and is elevated approximately 7-8
ft above sea level. This site encompasses

All that lot of land having an area of 7,389 sq.
ft., being lot #1 of the Subdivision known as
Western Shores Phase Il, the said Subdivision
~ J situated in the Western District of New Providence,

‘} Bahamas. Located on the subject property is a
single structure comprising of a single family
residence consisting of approximately 2,430 sq.
ft. of enclosed living space. The residence
comprises of 3-bedroom with closets, 2 1/2
bathrooms, living/dining rooms, study, kitchen,



utility room, porch and enclosed garage with electronic daor. The land appears to be sufficiently
elevated to disallow the possibility of flooding during annual heavy rainy periods of the year. The
grounds are fairly well kept with improvements including driveway, walkway and swimming pool.

a 35yr structure. A simple style home consisting of two bedrooms, one bathroom,
kitchen, living and dining room. the home however is consisted of 2 separate
constructions; 613.60 sq. ft of concrete construction and 624 sq. ft of wooden

The yard is enclosed with walls.

Appraisal: $753,570.00

Traveling west on West Bay Street. Go pass Orange Hill and Indigo Subdivisions, the house is
located on the left near Tusculum Subdivision and painted all white.

construction all amenities are to the property such as electricity, water, cable and

telephone.
Appraisal: $112,000.00.

The property is accessed by the main Queen's Highway.





DUNDAS TOWN (ABACO)

3 two bed, 1 bath fourplex 9,000 sq. ft., lot no. 18b with an area for a small shop. Age 12 years the land is a portion of one of the Dundas Town
Crown Allotment parcels stretching from Forest Drive to Front Street, being just under a quarter acre in size and on the lowside. A concrete block
= structure, with asphalt shingle roof and L-shape in design with a total length of 70x26 ft, plus 50 x 22 ft., 2,920 sq. ft., the interior walls are concrete
"| blocks, ceiling is sheet rock and the floors of vinyl tiles.

Appraisal: $265,225.00

| VACANT PROPERTIES

acd oo saa Lot No. 15, Block 10, Winton Heights
All: that lot of ‘vacant land having an area of 17,144 sq ft, of the subdivision known as Winton Heights situated in the Eastern District of New Providence Bahamas. This
property is rectangular in shape and zoned multi family - single family.



' Appraisal: $171,440.00
This property is about 230ft West of Sassoon Drive and is about the third lot on the North Side of Hill Side Road.



Investment Opportunity - Must Sell

Lot No. 20, Block 1 unit 3 Fortune Point Subdivision all that lot of vacant land having an area of 12,650 sq ft, being Lot No.20 block 1 unit 3 of the subdivision known and designated
as fortune point subdivision Freeport, Grand Bahama.. duplex property zoning with a rectangle shape.

Appraisal: $38,000.00





Investment Opportunity - Must Sell - Lot B, Wilson Street, Rock Crusher

All that lot of land having an area of 10,498 sq ft, being lot B, between the subdivision known as Rock Crusher and in the vicinity of Perpall Tract situated in the western district
_ of New Providence, Bahamas. This property is zoned multi family/single family. Also located on this property is a structure comprising of a duplex at foundation level under
construction, and consisting of approximately 1,566 sq. ft. of enclosed living space with a patio consisting of 270, sq. ft. the starter bars are in place and foundation poured.
Appraisal: $97,214.00 :
Traveling West on Farrington Road take a right after the PL.P headquarters, go about midways through to Wilson Street, go though the corner all the way to the dead
end. The property is located behind the chain linked fence at the back of the yard.



Island Harbour Beach, Exuma

All that parcel or lot of vacant land containing 10,000 (80’X 100’) sq. ft. being Lot No. 9, Block 2, Island Harbour Beach Subdivision situated the western most portion of the Hermitage Estate, Little
Exuma Bahamas. The property is located on an unpaved road known as Stocking Road. The property also has a commanding view of the ocean.
Appraisal: $80,000.00



LOT NO. 10B, PALMETTO POINT

All that piece, parcel or lot of vacant land containing 9,000 sq. ft., and being Lot No. 10B situated North of Ingraham’s Pond and Eastwardly of North Palmetto Point, on the island of Eleuthera, one
of the islands of the Commonwealth of the Bahamas, and is bounded and abutting as follows:- on the north by Lot No. 3B and running thereon for a distance of (90) ft; on the East by Lot No. 11B
and running thereon for a distance of (100) ft; on the south by a 20’ wide road reservation and running thereon (90) ft on the west by Lot No. 9B running thereon for a distance of (100) Ft, the said

- Lot is overgrown with shrubs and is in close proximity of a white sandy beach. This neighborhood is zoned residential development and is quiet and peaceful with a topography of approximately
50ft and because of this there is no danger of flooding. The area is approximately 80% developed with all utilities and services available.

APPRAISAL: $72,000.00
MUTTON FISH POINT NORTH ELEUTHERA

All that piece, parcel or lot of vacant land containing 44,714 sq. ft., and designated “E” which forms a portion of land known as “Mutton Fish Point” situated about two miles northwestward of the
_ settlement of Gregory Town on the island of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and is bounded and abutting as follows:- Northwardly by the land now or formerly
the property of Coridon Limited, and running thereon for a distance of 393.13 hundredth ft.; outwardly by a 30’ wide road reservation and running thereon for a distance of 402.57 hundredth ft;
eastwardly by the main Queen’s Highway and running thereon for a distance of 109.73 hundredth ft; westwardly by land now or formerly the property of Caridon Limited and running thereon for a
distance of 110.75 hundredth ft. this property having an area of approximately 44,714 sq. ft. this neighbourhood is zoned commercial/residential development and is quiet, peaceful and has a

topography of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,421.00

MUTTON FISH POINT NORTH ELEUTHERA

All that piece, parcel or tract of land containing 1 acre situated about two miles northwestward of the settlement of Gregory Town on the island of Eleuthera, one of the islands of the Commonwealth
of The Bahamas, and is bounded and abutting as follows:- Northwestwardly by the main Queens Highway and is running thereon for a distance of 125.462 feet northwestwardly by the land now
of formerly the property of Coridon Limited, and running thereon for a distance of 390.274 hundredth ft.; southwestwardly by a 30’ wide road reservation and running thereon for a distance of 128.128
‘ hundredth ft; southeastwardly by the land now or formerly the property. of the Venor and running thereon for a distance of 322.955 hundredth ft. This property having an area of approximately
44,847.76 sq. ft. This neighbourhood is zoned commercial development and is quiet and peaceful with a topography of approximately 2 ft. with all utilities and services available.

APPRAISAL: $51,421.00



This lot is vacant land and is located in the area known as “Mutton Fish Point”

MUTTON FISH POINT NORTH ELEUTHERA

All that piece, parcel or lot of vacant land and improvements containing approximately 44,587 sq. ft. and designated “F” which forms a portion of land known as “Mutton Fish Point” situated about
. two miles northwestward of the settlement of Gregory Town on the island of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and bounded and abutting as follows:- Northwardly
by the land now or formerly the property of Coridon Limited, and running thereon for a distance of 383.56 hundredth ft; southwardly by land now or formerly the property of Caridon Limited and
running thereon for a distance of 393-19 hundredth ft. eastwardly by the main Queen’s Highway and running thereon for a distance of 113.40 hundredth ft. westwardly by land now or formerly the
property of Coridon Limited and running thereon for a distance of 113.40 hundredth ft. this neighbourhood is zoned commercial/residential development and is quiet, peaceful and has a topography

‘of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,276.00



MAC CCEA RaucMancnutl uk uel :
Philip White @ 502-3077 email philip.white@scotiabank.com or Harry Collie @. 502-3034 © email harry.collie@scotiabank.com ¢ Fax 356-3851



To view properties go to: www.stopnshopbahamas.com - Click on “Real Estate Mall” - Click on doorway “Enter Online Store”
PAGE 8B, THURSDAY, DECEMBER 13, 2007 | | THER



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THURSDAY, DECEMBER 13, 2007, PAGE 9B



Stocks give up sharp gains after
rising on Fed plan to work with
other central banks on credit

@ By JOE BEL BRUNO
AP Business Writer |

NEW YORK (AP) — Stocks
gave up sharp gains to trade
lower Wednesday after initially
upbeat investors turned cool to
a Federal Reserve plan to work
with other central banks to alle-
viate the global credit crisis. The
Dow Jones industrials, which at
one point had been up more
than 270 points, fell by about
three points.

The Fed said just before the
market opened that it has
agreed with the European Cen-
tral Bank and the central banks
of England, Canada and
Switzerland to confront what it
called elevated pressures in the
credit markets. The Fed said it
will create a temporary auction
facility to make funds available
to banks and set up lines of
credit with the European and
Swiss central banks for addi-
tional resources.

This move is the biggest con-
certed liquidity injection since
the aftermath of the 2001 ter-
rorist attacks and helped boost
investor sentiment a day after
the Fed disappointed Wall
Street with a quarter-point cut
in interest rates. Many investors
had hoped for a half-point
reduction to help the economy
weather the credit and mort-
gage crises.

But the Fed’s latest salvo did-
n’t appear to assuage all of Wall
Street’s concerns about the
spike in bad debt that has
caused the credit markets to
tighten in recent months, nor
did it sew up all of investors’
concerns about the nation’s eco-
nomic health.

“There’s still no certainty that
we're out of the woods ... there’s
still a risk for recession,” said
Steven Goldman, chief market
strategist at Weeden & Co. “We
did get very positive news from
the Fed and other banks chip-
ping in to add liquidity into the
system. But, the environment
hasn’t fundamentally changed

that the worst is over for the
financial system.”

He pointed out that the
biggest beneficiaries during a
period of rate cuts are bank and
brokerage stocks. However, the
sector was under pressure
Wednesday as investors wor-
ried the institutions will have to
take further writedowns despite
the central banks’ steps.

In late afternoon trading, the
Dow fell 50.24, or 0.37 per cent,
to 13,382.53. The blue chip
index had risen as much as
271.75, or two per cent, in early
trading.

Broader stock indicators were
narrowly lower. The Standard
& Poor’s 500 index fell 2.54, or
0.17 per cent, to 1,475.11. The
Nasdaq composite index shed
2.07, or 0.08 per cent, to
2,050.28.

Tuesday’s stock plunge of 294
points-had interrupted Wall
Street’s attempt at an end-of-
the-year rally, but Wednesday’s
performance brought the pos-
sibility of a market recovery
back to the table. The Dow is
up. more than six per cent since
falling as low as 12,724.09 on
November 26.

But analysts were enthusiastic
about the Fed’s action on
Wednesday.

“T think it’s certainly a strong
measure to ease this credit
crunch, and I think it will
encourage banks to use the dis-
counted borrowing.-If banks
won’t lend to each other, then
at least the central banks will
lend to them,” said Jack Ablin,
chief investment officer at Har-
ris Private Bank in Chicago.

The plan sent Treasury prices
falling, because the prospect of
more available credit lessened
investors’ need for the safe
haven that government securi-
ties provide. The 10-year Trea-
sury note’s yield, which moves
opposite the price, rose to 4.05
per cent from 3.97 per cent late
Tuesday.

The dollar was mixed against
other major currencies. Gold

SHEET SETS |
BED SKIRTS

BED SPREADS
‘TABLECLOTHS
THROW PILLOWS
SHOWER CURTAINS
WINDOW CURTAINS
KITCHEN CURTAINS
CHAIR SLIP COVERS

prices rose.

Investors also digested eco-
nomic data. The Commerce
Department said the U.S. trade
deficit rose in October to the
loftiest level in three months,
driven by record-high oil prices
and an influx of Chinese
imports. It also reported that
November import prices surged.

‘If inflation accelerates, it
could keep the Fed from low-
ering rates again.

Energy prices soared after the
government reported surpris-
ing declines in U.S. stockpiles
of crude oil and distillate fuels,
such as heating oil. Crude
jumped $3.66 to $93.68 a bar-
rel on the New York Mercantile
Exchange.

In corporate news, SLM
Corp., the student loan compa-
ny known as Sallie Mae, slashed
its 2008 earnings due to the
costs of replacing an interim
funding facility. The company
also disclosed it failed to rene-
gotiate a buyout with an
investor group that balked sey- .
eral months ago at its Gngina
$25 billion cash offer.

SLM shares fell $3.34, or 10.5
per cent, to $28.60.

But AT&T Inc. climbed for
the second straight session after
the telecom carrier issued solid
guidance and lifted its dividend.
AT&T was the biggest gainer
among the 30 Dow companies,
rising $2.37, or six per cent, to
$41.83.

The Russell 2000 index fell
0.86, or 0.11 per cent, to 765.41.

Declining issues led
advancers by a three to two
basis on the New York Stock
Exchange. Volume came to 1.14
billion shares.

Overseas, Japan’s Nikkei
stock average closed down 0.70
per cent, while Hong Kong’s
Hang Seng index closed down
2.41 per cent.

Britain’s FTSE 100 rose 0.35
per cent, Germany’s DAX
index added 0.83 percent, and
France’s CAC-40 advanced 0.32
per cent.

L AM PS

_ BLENDERS
- BAKEWARES
WALL MIRRORS
“SINGLE POTS & FRY PANS
CHRISTMAS DECORATIONS
PFALTZGRAFF
DINNERWARE SETS
- ANCHOR HOCKING

LADY SEYDES COMFORTER SETS GLASSWARE SETS

SALE STARTS

MONDAY DECEMBER 10TH - SATURDAY DECEMBER 15TH |
LOCATED: HARBOUR BAY SHOPPING CENTER

PH: 393-4440 OR 393-4448


PAGE 10B, THURSDAY, DECEMBER 13, 2007

THE TRIBUNE



Se ee ee
Independent retailers find
ways to deal with economy

during the holiday season

RTT)
ER eae eo ETE

Royal Island (Bahamas) Limited

INVITATION FOR EMPLOYMENT

Royal Island (Bahamas) Limited, the developers of
the Royal Island resort and residential project, an
ultra-luxury resort and private club residential
community with private residences and club, 200
slip marina and boutique hotel and spa, and a golf
course just off North Eleuthera invites suitably
qualified individuals to apply for the following
position with the company

HEAD CHEF

Duties and Responsibilities:

¢ Coordinate and manage multiple food venues.
¢ Coordinante and manage all food preparation
areas.
Budgeting and purchasing of food supplies.
Planning of menus for all food venues.

Qualifications: Must have 5 star expereince either
im a restaurant, private residence or yacht, Must
have an “attention to detail” work ethic. Willing to
take directions from management and maintain a
hands on approach. Experience in “Chef’s table”,
“Disgustation” or “tasing menu” style of dining.
The ideal candidate will have to reside on Eleuthera
or its surrounding area.

Interested persons should submit their resumes with
cover letter to:
Harcourt Management Services Ltd.
P.O.Box N-1991
Nassau, Bahamas
Fax to: (242) 356-4125
Or Email to: info@ gomezcorp.com

Royal Island (Bahamas) Limited thanks all
applicants for their interest, however only those
under consideration will be contacted.





m@ By JOYCE M
ROSENBERG
AP Business Writer

NEW YORK (AP) — At
Jeff Cassels’ jewellery store,
falling real estate values and ris-
ing gold prices are more than
news headlines — they are con-
tributors to an uncertain holi-
day season. At Joanie McDon-
ald’s clothing store, however, a
weakening dollar is turning into
a boon.

This season finds indepen-
dent retailers across the country
dealing with a new set of eco-
nomic challenges even as they
still contend with growing com-
petition from big-box retailers
like Wal-Mart Stores Inc. and
Borders Inc. That. means mer-
chants are being pressed more
than ever to capitalize on what
sets them apart from the rest of
the retail universe — merchan-
dise that’s unique and well-suit-
ed to a store’s clientele, and cus-
tomer service that’s beyond the
ordinary.

Customers of Kid Country
Toys, two specialty toy stores
in Charleston, W.Va., can dis-
pense with the screwdrivers and
bandages usually needed to put
tricyclés and other toys togeth-
er. Owner Jerry Strick said his
staff will assemble purchases
free of charge. Toys can be gift
wrapped as well.

Strick, who’s been in business
35 years, uses services that Wal-
Mart and Toys “R” Us Inc.
don’t provide to draw cus-
tomers to his store. And he
stocks brands that the big chains
don’t buy but that his customers
want.

He’s upbeat about this sea-
son, partly because business is
up slightly from 2006, but also
because he’s learned over the
years not to sweat it. So he

doesn’t believe layofts in the

IGANTIc

christmas Sa/,



area and recalls of some toys
made in China will have a big
impact on his business.

“I used to worry about the
sales, and it’s not worth it,”
Strick said. “The population in
Charleston has gone down, the
competition has gone up, and
we still hold our own, so I real-
ly don’t worry.”

But Cassels, who owns GB
Heron in Salisbury, Md., is wor-
ried about the season, having
watched real estate problems
grow and his sales decline.

“1 don’t expect good things,”
Cassels said. “We were down
about 14 per cent headed into
the Christmas season.”

Cassels said that with cus-
tomers paying more for neces-
sities like gas and food and wor-
ried about home values, “I’m
pretty much last on the line” of
spending priorities — especial-
ly since the price of gold has
shot higher in recent months,
crossing $800 an ounce for the
first time since 1980.

“The only thing I am doing
well is selling engagement rings
— people are still in love,” he
said. ;

But selling custom-designed
jewelry helps business, because
that GB Heron apart from oth-
er retailers. To lower his costs,
Cassels recently bought equip-
ment that helps create the jew-
elry faster.

Cassels, who’s in his 19th year
in business, says he never knows
until Christmas Eve how the
season has fared. It’s a hard
wait: He does 25 percent of his
annual business between
Thanksgiving and December 25.

The depressed real estate
market in Nevada has hurt Jody
Branson's gift shop, Fresh
Ideas, in Gardnerville, located
near the state capital, Carson
City. Sales are down about 10
per cent from last year.

“There’s a lot of real estate
agents and homebuyers who
would come in, but they don’t
have the money to spend with
(housing) slowing down,” Bran-
son said.

But she said, “I’m not letting
it get me down — I can’t com-
plain at 10 per cent, where
there’s another store that’s clos-
ing” nearby. Moreover, Bran-
son Said she’s built a reputation
with customers: “People know
what we have and people
always come back.”

Sometimes a negative for the
economy, such as a weak dollar,
can help retailers.

Joanie McDonald, who owns
Jennifer Reale Design, an
upscale women’s fashion bou-
tique in Delray Beach, Florida,
hears from other retailers that
business is slow and hopes are
dim for the holidays. At her
store, however, “business is
good and I’m expecting a very
strong season.”

McDonald said her success is
coming from the foreign tourists
who have been streaming into
Florida to take advantage of
currency rates as well as the sun
and sand.

“TI had a group of women in
my store today that spent $500,”
McDonald said. “I’m very
impressed with the number of
foreigners we get in and the
money they’re spending.”

There are Borders and
Barnes & Noble Inc. stores in
Austin, Texas, but Steve Bercu,
CEO of BookPeople, a huge
store in the capital’s downtown
area, has few if any concerns.

“We've had our best season
in store history each of the last
seven years and I’m expecting
this year to be another really
pretty good year,” Bercu said.

BookPeople differentiates
itself from the chains in several
ways. dt offers a big selection of

gifts alongside its massive book
inventory; Bercu estimates gifts
account for 30 per cent of rev-
enues. It also has developed its
own offbeat culture —
BookPeople is a proponent of a
tongue-in-cheek movement
called Keep Austin Weird —
and uses it as a marketing tool.

“We have a looser view of
things,” Bercu said.

BookPeople also holds pro-
grams that go beyond the typi-
cal author signings. It holds lit-
erary day camps for children of
different ages, hoping to create
a new generation of customers.

Being different has also
helped keep Plum, a Harris-
burg, Pa., women’s clothing
store in business for 40 years,
and owner Isaac Mishkin
expects that to help him
through a sales slowdown that
has also afflicted other retail-
ers in the area.

“Our year was fine until two
months ago and then had what
I'd say is a 10 per cent decline,”
said Mishkin, adding that sales ©

- look like they’re picking up

now. ©
What has worked for him is
to stock clothes that are differ-
ent from competitors’, espe-
cially the national apparel
chains. Mishkin’s clothes are
moderate to upscale, and he’ll
buy merchandise, including
some suits that can run $800 to
$900, with groups of his cus-
tomers in mind; by knowing
what they’re looking for, he
buys clothes he.knows he can
sell. He’s expecting sales to
bump higher as the season pro-
gresses, but the difficult envi-
ronment will likely shave his
sales and margins somewhat.
“When it’s all said and done,
we'll probably end up‘a couple
percent in sales and down a
couple percent in profit,” he
said. Pater

Polymers International, Limited
Queens Highway, P.O. Box F-42684
Freeport, Grand Bahama

Bahamas

Office: (242) 352-3506 Facsimile: (242) 352-2779

Polymers International Limited currently is accepting applications for the
following positions. Resumes can be mailed or dropped off at the main

office on Queens Highway.

Human Resources Manager

9100 OFF

Cash only

This person will be responsible for administering all aspects of Company
human resources and functions. This person will assume responsibility for
the effective performance of various human resource functions, including
recruiting, interviewing, hiring, payroll and for insuring corporation-wide
compliance with all related government regulations. This person will provide
recommendations to Senior Management in establishing overall human
resource objectives, policies and plans This person will ensure that Human
Resource activities are conducted in accordance with established Company
policies and within established procedures. This person will also assign,
direct and appraise Human Resources personnel.





This is not an entry-level position. The successful candidate will have

proven abilities in the Human Resources field with a minimum of 5 years
experience. Superior written and spoken communication skills, including
sincere and effective listening skills, are critical. A high degree of
organizational skills is essential. The candidate should possess a bachelor’s
degree or higher in human resources or related field of study.

Waa Nie
VAY

Information Technology Manager

The Information Technology Manager will maintain and manage all
information technology equipment and assets including file servers, network
infrastructure, software applications, and telephony systems. This person
must keep abreast of current technologies and prepare appropriate project
plans for infrastructure changes..This person will support staff and
administrative personnel IT needs.




USB Drives; Printers
Digital Photo Frames

MP3 Players; Ipod Shuffles
Digital Cameras
Children Learning Toys



The successful candidate will have a minimum of a Bachelor of Computer
Science or equivalent and a minimum of 5 years experience providing
network systems support. Technical certifications in Microsoft Windows
a plus. Applicants who additionally have experience in Microsoft SQL
server, Crystal Reports, and Platinum BatchMaster software preferred. This
position requires on-call availability 24/7, 12 months a year. This person
must also be able to work additional hours including weekends and must
possess travel documents for outside the Bahamas. If you have excellent
communication and organizational skills and are looking to work in a team
environment developing technology, mail or drop off your resume.




ViiVVVOMv



Lignum Technologies (Bahamas) Ltd.

Harbor Bay Shopping Plaza
Ph: 393-2164 Fax: 394-4971


THE TRIBUNE

THURSDAY, DECEMBER 13, 2007, PAGE 11B





US trade deficit at
three-month high

@ By MARTIN CRUTSINGER
AP Economics Writer

WASHINGTON (AP) —
The U.S. trade deficit rose to
the highest level in three
months, with record oil prices
and a flood of toys and other
imports from China swamping a
solid gain in American exports.

The Commerce Department
reported Wednesday that the
deficit for October increased to
$57.8 billion, the highest level
since July and 1.2 percent above
the September imbalance.

The widening deficit was
slightly worse than expected and
occurred even though U.S.
exports of goods and services
rose for an eighth consecutive
month, climbing 0.9 percent to
an all-time high of $141.7 bil-
lion. This gain was offset by a 1
percent rise in imports to $199.5

billion, also a record, as a surge -

in global oil prices sent Ameri-
ca’s oil bill soaring.

The deficit with China
jumped 9.1 percent to $25.9 bil-
lion, a record for a single month.

The rise reflected record
imports from China, led by large
gains in shipments of toys and
games and televisions as retail-
ers stocked their shelves for
Christmas. The demand for Chi-
nese imports is still surging
despite a string of high-profile
recalls of Chinese products from
toys with lead paint to defective
tires and tainted toothpaste.

So far this year, the trade
imbalance with China is running

at an annual rate of $256 billion, .

putting it on track to surpass last
year’s $233 billion deficit, which
had been the highest deficit ever
recorded with a single country.
Those record deficits have
.triggered a backlash in Con-
gress, with dozens of bills intro-
duced seeking to penalize China
for what critics see as unfair
trade practices contributing to
the loss of 3 million U.S. manu-
facturing jobs since 2000.
Treasury Secretary Henry
Paulson and other members of
President Bush’s Cabinet were
meeting with their counterparts
in China this week for the third
round of talks aimed at defusing
trade tensions. While minor
agreements were expected,

|





large.

the operations.

Machines.

structures,

software.

performed,






Consolidated

Invites application for the position of:

WELDER/MECHANICAL TECHNICIAN

Consolidated Water (Bahamas) Ltd. operates several Reverse Osmosis
Plants within the Bahamas. As a market leader, the Company enjoys a
reputation of providing a wholesome quality product, whilst maintaining a
strong commitment to its customers, its employees and the community at

The Company currently has a vacancy for the position of
Welder/Mechanical Technician. The successful candidate will report
directly to the Maintenance Team Leader. The Welder/Mechanical
Technician shall be responsible for preventive and predictive maintenance
and repairs of Reverse. Osmosis Plant Mechanical and Building Systems,
Additionally duties shall include. assisting with other maintenance duties of

The prospective candidate must possess the following skills:

© Shall be a Certified Welder for welding associated with

"Stainless steel and alloy steel high pressure vessels and
high pressure pipe systems.

* Shall be capable of welding utilizing Tig and Mig Welding

* Shall be responsible for performing plant mechanical
"repairs of Reverse Osmosis Plant Systems.
* Shall be responsible for repairs to Plant and Building

* Shall have a working knowledge and proficiency with
Microsoft Office and Maintenance Management -

« Ability to prepare weekly/monthly reports of work

* Must have proven history of good interpersonal skills.
* Must be prepared to work long hours, weekends and
travel to other business centers of the company.

Interested persons can forward their resumes to the following
address on or before December 14, 2007:

The General Manager
Consolidated Water (Bahamas) Ltd.
P 0 Box CR 54030
Nassau, Bahamas

there was likely to be no break-
through on the biggest point of
contention, China’s underval-
ued currency. The currency dis-
parity makes Chinese products
cheaper in America and U.S.
goods more expensive in Chi-
na.

Some of the legislation in
Congress seeks to impose penal-
ty tariffs on Chinese products
unless China allows its currency
to rise in value against the dollar

at a faster rate. But Vice Pre-

mier Wu Yi, the leader of the
Chinese delegation, delivered a
blunt threat of Chinese retalia-
tion should the United States
impose economic penalties on
China.

“IT need to be quite candid
about this: If these bills are
adopted, they will severely
undermine U.S. business ties
with China,” Wu said at the
opening of the talks with Paul-
son on Wednesday.

Exports

The gain in exports was led
by increased shipments of civil-
ian aircraft, industrial equipment
and telecommunications prod-
ucts. U.S. manufacturers have
been benefiting from a fall in
the value of the dollar against
many other currencies includ-
ing the European euro. The
weaker dollar makes U.S. goods
cheaper on overseas markets
while making foreign products
more expensive for U.S. con-
sumers.

So far this year, the U.S. trade
deficit is running at an annual

tate of $704 billion, down by 7.1

percent from last year’s $758.5
billion, putting the country on
track to see the first narrowing
of the deficit after five consecu-
tive years of record imbalances.

The import gain was led by
an 8.3 percent jump in the for-
eign oil bill with petroleum
imports setting an all-time high
of $29.6 billion in October. The
average price of a barrel of
imported crude also set a record
at $72.49 per barrel. The oil bill
is expected to rise even more in
coming months, reflecting the
fact that prices jumped to near
$100 per barrel at their peak this
fall.





Water (Bahamas)
Ltd.


































BUSINESS |

INSIGHT

For the stories
behind the news,
Peat Insight
on Montlays




The United Nations Development Programme (UNDP) is the UN’s
global development network, advocating for change and connecting
countries to knowledge, experience and resources to help people build

a better life. We are on the ground in 166 countries, working with
them on their own solutions to global and national development
challenges. As they develop local capacity, they draw on the people
of UNDP and our wide range of partners.



Vacancy Announcement No: SGP- 2007/ 0001

Deadline For Application: 21 December 2007

Position Title National Coordinator

Duty Station Nassau, BAHAMAS

An attractive compensation package based on qualifications and
experience

One Year, with the possibility of renewal

Grade Level

Duration
Post Number:
Organizational Unit GEF-SGP

The Global Environment Facility (GEF), established in 1991, helps developing countries fund
projects and programs that protect the global environment. GEF grants support projects related to
biodiversity, climate change, international waters, land degradation, the ozone layer, and persistent
organic pollutants. The Small Grants Programme (SGP) embodies the very essence of sustainable
development. SGP channels financial and technical support directly to NGOs and CBOs for
activities that conserve and restore the environment http://sqp.undp.org. GEF is establishing the
SGP in The Bahamas. | |

DUTIES AND RESPONSIBILITIES

e Effective management of the GEF-SGP (Global Enviroriment Facility — Small Grants
Programme) local team, the SGP programme and its portfolio -- from programme strategy to
individual project concept and design to technical support to SGP grantees, monitoring and
evaluation -- to ensure compliance with the overall approved global SGP Strategic
Framework, the SGP Operational Guidelines, the SGP annual work programme, the
national environmental and sustainable development priorities, as well as the annual
delivery of the national SGP targets.

e Building strategic partnerships with development partners, such as donors, foundations,
private sector and civil society, to promote SGP and mobilize resources.

e Contribution to GEF-SGP’s efforts to develop effective national, regional and global
networks for technical support and knowledge management, within the GEF SGP and with
external institution, including academia.

The Terms of Reference (TOR) may be viewed at www.jobs.undp.org .
‘MINIMUM REQUIREMENTS

e Advanced university degree in environmental economics, Business Administration or related
field |

e Atleast 5 years of relevant experience in development work, which should include
programme management preferably with an extended specialized experience in any of the
GEF-SGP focal areas. |

e Excellent analytical and writing skills

e Excellent people management and interpersonal skills

e Ability to communicate effectively

e Good negotiation and problem-solving skills |

e Proficiency in word-processing, spreadsheet, presentation, and database applications

e . Fluency in English |

TO APPLY:

Send applications including |UNDP/ GEF-SGP National Coordinator

a5 — 10 page writing Bahamas Environment Science and Technology (BEST) Commission

sample to : Office of the Prime Minister

Nassau Court, P.O. Box CB-10980

Nassau, The Bahamas

via e-mail to registry.jm@undp.org or online at www.jobs.undp.org
This vacancy is open to qualified male and female nationals of the Bahamas.

We thank you for your application but only short listed candidates will be contacted







PAGE 12B, THURSDAY, DECEMBER 13, 2007

THE TRIBUNE





Ra Se

the #1 newspaper in circulation,
just call 322-1986 today!





Royal Island (Bahamas) Limited
INVITATION FOR EMPLOYMENT







Royal Island (Bahamas) Limited, the developers of the
Royal Island resort and residential project at North Eleuthera
invites suitably qualified individuals to apply for the
following positions with the company:








Spa Manager
Must have at least 5 years experience in all aspects of
spa therapies.

e Experience with and knowledge of local spa and beauty
products.

e Acommitment to service at the highest level.











Yoga Instructor/Fitness Club Instructor
e Must have experience in fitness club industry.
¢ Qualified yoga instructor.

e Experience in the tourism field a plus.









Sous Chef
Must be able to prepare 5 star French cuisines in an
island atmosphere.

¢ Must have experience in a 4 or 5
restaurant environment.

¢ Commitment to service at highest level





star small boutique






A la Carte Waiter

¢ Must have at least 5 years experience as a waiter in a
fine dining atmosphere or highly regarded restaurant

¢ Knowledge of French inspired cuisine a plus.

e Commitment to service at highest level.









Bartender

© Must have 5 years experience in a 4 ¢ or 5 star hotel or
cocktail bar.

¢ Must have extensive knowledge of cocktails and wine
varieties.

e Experience in dealing with high level clientele.





All positions require successful applicants to reside at
North Eleuthera.




Interested persons should submit their resumes with cover
letter to:




Harcourt Management Services Ltd.
P.O. Box N-1991
Nassau, Bahamas

Fax to: (242) 356-4125

Or Email to: info@gomezcorp.com







«Royal Island (Bahamas) Limited thanks all applicants for
- their interest, however only those under consideration will
be contacted.





‘lied

Fed and central
banks move on
credit crunch

@ By MARTIN
CRUTSINGER
AP Economics Writer

WASHINGTON (AP) —
The Federal Reserve
announced Wednesday it was
coordinating with other central
banks to deal with the global
credit crunch. Wall Street ral-
after the surprise
announcement.

In a statement timed before
the start of trading in New
York, the Fed said it planned to
offer $40 billion in emergency
funds to banks next week
through an auction process.

The Fed said that it was cre-
ating a temporary auction facil-
ity to make funds available to
banks and was also setting up
lines of credit with the Euro-
pean Central Bank and the
Swiss Central Bank that could
be used for additional
resources.

The first two auctions of $20
billion each will occur next
week on December 17 and
December 20.

“This is not about particular
financial institutions with par-
ticular problems. It is about
market functioning,” said a
senior Federal Reserve official
who briefed reporters on con-
dition of anonymity because of
the sensitive nature of the
actions.

This Fed official, who spoke
to reporters on a conference
call, said that the adverse reac-
tion of Wall Street on Wednes-
day had nothing to do with the
timing of the announcement.
This official said discussions
with the other central banks

had been going on “fora
while.”
Wall Street investors

applauded the Fed’s latest

NY LOY SID
VACANT COMMERCIAL PROPERTY

Lot #90-E comprising 16,521 sq.ft. and situated on the western side
of the main eleuthera highway and approximately 2,219 ft. northerly
of four-for-nothing road in the Settlement of Lower Bogue,

North Eleuthera, Bahamas.

-_ Infrastructures are in place.

For conditions of the sale and any other information,
please contact: Credit Risk Management — Collection Unit
Phone: - 356-1685 or 356-1608, Nassau, Bahamas

Interested persons should submit offers in writing addressed to:
The Manager, Credit Risk Management — Managing Director’s Office

P.O. Box N-7518, Nassau, Bahamas

MUST SELL

VACANT COMMERCIAL PROPERTY

Lot #90-C comprising 21,430 sq.ft. and situated on the western
side of the main eleuthera highway and approximately 2,219 ft.
northerly of four-for-nothing road in the Settlement of Lower Bogue,

North Eleuthera, Bahamas.

Infrastructures are in place.

For conditions of the sale and any other information,
please contact: Credit Risk Management — Collection Unit
Phone: 356-1685 or 356-1608, Nassau, Bahamas

Interested persons should submit offers in writing addressed to:

The Manager, Credit Risk Management — Managing Director’s
Office P.O. Box N-7518, Nassau, Bahamas



effort to combat the country’s
worst credit crisis in nearly a
decade. The Dow Jones indus-
trial average was up by more
than 200 points in early trad-
ing although it later gave back
some of those gains. A day ear-
lier the Dow had plunged 294
points as investors expressed
disappointment with what they
saw as a lack of urgency on the
part of the central bank for
dealing with a credit crunch
which threatens to push the
country into a recession.

The Fed cut a key interest
rate on Wednesday but by a
quarter-point rather than the

‘bolder half-point move that

many investors had hoped for.
Economists looked more

.favorably on Wednesday’s

action, although they cautioned
that the Fed’s experiment at
finding another way to inject
cash into the banking system
had not been tested.

“Clearly, the Fed is feeling
its way in the dark here. Cur-
rent conditions are unprece-
dented in modern times,” said
Ian Shepherdson, chief U.S.
economist at High perdueney
Economics.

Analysts said the use of auc-
tions to try to get more money
into the banking system was an
acknowledgment that efforts to
spur direct loans from the Fed
to banks through the Fed’s dis-
count window had not worked
as well as hoped because of
banks’ fears that investors could
become worried if they started
utilizing the Fed’s discount win-
dow to any large extent.

In its announcement, the Fed
said it had reached an agree-

» ment with the European Cen-

tral Bank as well as the Bank of
England, the Bank of Canada
and the Swiss National Bank

to address what it termed “ele-
vated pressures” in credit mar-
kets.

The Fed said that commer-
cial banks would be able to bid
at auction for funds that would
be drawn from the Temporary
Auction Facility. The money
would be intended to help cash-
strapped banks raise money
needed to keep making loans
to businesses and consumers.

The action represented
another step by the Fed to deal
with a serious credit crunch
stemming from the tightening
of bank lending standards in

‘the wake of multibillion dollar

losses from a rising tide of
defaults on mortgage loans.

The Fed said all banks
judged to be in generally sound
financial condition by their Fed
regional bank would be eligi-
ble to participate in the auc-
tions for funds.

The first auction of $20 bil-
lion was scheduled for next
Monday, followed by another
auction of $20 billion on
December 20. The third and
fourth auctions will be on Jan.
14 and 28 with the amounts not
yet set.

The Fed said that the new
auction process should “help

promote the efficient dissemi-
nation of liquidity” when other
lines of credit were “under
stress.”

The experience gained from
the four scheduled auctions
would be “helpful in assessing
the potential usefulness” of this
new process to provide funds
to U.S. banks, the central bank.
said.

It said that the temporary
swap arrangements being set
up would provide up to $20 bil-
lion in reserves for the Euro-
pean Central Bank and up to.
$4 billion for the Swiss Nation;
al Bank. The reserves would be
available for up to six months,

Since the global credit crunch
hit with force in August, other
central banks as well as the
Federal Reserve have been
injecting massive amounts of :
money into the banking system
in an effort to keep credit flow-
ing.

However, those efforts have
only been partially successful.
Many businesses and con-
sumers report rising trouble in
obtaining loans as banks
become more fearful about
extending credit in the wake of
a surge in bad loans stemming
from the U.S. housing crisis.

NOTICE

NOTICE is hereby given that ABELJETHRO PIERRE of ©
MARIGOLD FARMS, NASSAU, BAHAMAS, is applying
to:the Minister resposible for Nationality and Citizenship,
for registration/naturalization as a citizen of The Bahamas,

and that any person who knows any reason why registration/
naturalization should not be granted, should send a written
and signed statement of the facts within twenty-eight days
from the 13TH day of December, 2007 to the Minister
responsible for Nationality and Citizenship, RO.Box N- 7147,

Nassau, Bahamas.



MUST SELL

VACANT COMMERCIAL PROPERTY

Lot #90-G comprising 18,926 sq.ft. and situated on the western
side of the main eleuthera highway and approximately 2,219 ft.
northerly of. four-for-nothing road in the Settlement of Lower
Bogue, North Eleuthera, Bahamas.

Infrastructures are in. place.

For conditions of the sale and any other information,
please contact: Credit Risk Management — Collection Unit
Phone: 356-1685 or 356-1608, Nassau, Bahamas

Interested persons should submit offers in writing addressed to:

The Manager, Credit Risk Management — Managing Director’s |
Office P.O. Box N-7518, Nassau, Bahamas








MUST SELL

VACANT COMMERCIAL PROPERTY

Lot #90-B comprising 22,376 sq.ft. and situated on the
western side of the main eleuthera highway and
approximately 2,219 ft. northerly of four-for-nothing road

: in the Settlement of Lower Bogue,
North Eleuthera Bahamas.

Infrastructures are in place.
For conditions of the sale and any other information,
please contact: Credit Risk Management — Collection Unit
Phone: 356-1685 or 356-1608, Nassau, Bahames

Interested persons should submit offers in writing addressed to:

The Manager, Credit Risk Management — Managing Director’s
Office P.O. Box N-7518, Nassau, Bahamas













THURSDAY, DECEMBER 13, 2007, PAGE 13B



THE TRIBUNE

‘CB to make as much as $20bn
available to European banks

m By MATT MOORE
AP Business Writer

FRANKFURT, Germany
(AP) — The European Central
Bank said Wednesday it would
make as much as $20 billion
available to European banks,
in part to fill their demand for
scarce dollars, as part of coor-
dinated action with the U.S.
Federal Reserve and other cen-
tral banks.

“The Fed said its agreement
with the ECB, the Bank of Eng-
land, the Bank of Canada and
the Swiss National Bank was
aimed at addressing “elevated
pressures” in credit markets.

’ \ decline in interbank lend-
vig has produced higher Libor
iiterest rates. Libor is short-
~~ hand for the London Interbank
Offered Rate and is widely used

aS a teference rate for such
things as variable rate mort-
edges.

‘ina statement, the ECB said
it-would conduct two tenders in
cénjunction with the Fed, with
bids due on Dec. 17 and Dee. 20



that would mature on Jan. 17
and Jan. 31. The Fed will pro-
vide up to $20 billion in dollars
to the ECB “by means ofa tem-
porary reciprocal currency
arrangement,” the ECB said.

Move

The move will help the Euro-
pean central banks make more
dollar loans to banks in their
respective areas and could put
downward pressure on inter-
bank dollar rates. Markets have
long worried that since foreign
central banks can use only their
own currency to inject funds to
money markets, that has led to
a sort of squeeze on bank fund-
ing.

“It probably means that it will
give easier.access to dollar funds
for European banks,” said
Commerzbank economist
Christoph Balz, who added that
a similar move was made just
after the Sept. 11 attacks in 2001
to provide access to dollars
because “at that time there was
also a problem for accessing

dollar funds for European
banks.”

Balz said the decision, while
not unprecedented, was “a very
rare thing.”

Since the global credit crunch
hit in August, many central
banks have injected massive
amounts of money into the
banking system in an effort to
keep credit flowing. Those
efforts have only been partially
successful, as banks have
become more fearful about
extending credit in the wake of
a surge in bad loans stemming
from the U.S. housing crisis.

The U.S. central bank said
that it was creating a temporary
auction facility to make funds
available to banks and was also
setting up lines of credit with
the ECB and the Swiss Central
Bank that could be used for
additional resources.

The Bank of England said it
would increase the amount of
reserves offered at a 3-month
maturity and widen the range
of collateral accepted in tenders
already scheduled for Dec. 18

and Jan. 15. The reserves
offered will be raised from 2.85
billion pounds ($5.83 billion) to
11.35 billion pounds ($23.22 bil-
lion), of which 10 billion pounds
($20.46 billion) will be offered
at a 3-month maturity, the bank
said. ,

The bank said it would not
make any further changes to
those two auctions, but added
that it would consider changes
to operations scheduled after
January “in light of market con-
ditions at the time.”

The Swiss National Bank said

_ that in addition to its Swiss franc

operations, it would.offer a dol-
lar tender auction on Dec. 17
worth up to $4 billion. It said it
may conduct additional US.
dollar auctions, “subject to
evolving market conditions.”
Ashrat Laidi, chief foreign
currency analyst at CMC.Mar-

_kets in New York, said he was

not aware of a specific dollar
shortage, but there was a gen-
eral problem with liquidity in
all major currencies ahead of
the end of the year.

‘



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“The central banks are resort-
ing to the same sort of swap
agreements that were used right
after 9-11,” Laidi said.

“This is a short-term solution
that does not alleviate the prob-
lems of subprime loans or the
housing problems. It is unusual
that four banks are coordinating

it and resorting to swapping
instruments among them-
selves.”

Commercial banks in general
try to “dress up” the balance
sheets at the end of a year. The
crisis in the credit markets puts
extra pressure on commercial
banks this year.

€



Kingsway Academy

ENTRANCE
EXAMINATION

FOR SEPTEMBER 2008.

The Entrance Examination

will be held at the school on
Bernard Road on Thursday,
January 12,2008 from 8:00 a.m. -
1:30 p.m. for students wishing to

enter grades seven through ten.

Deadline for applications will be
Thursday,January 10.Aplications
can be collected at the Business
Office from 8:00 a.m. to4:00 p.m.

For more information please
call telephone numbers
324-8811: 324-3409: or 324-6269



WS

( Consolidated Water (Bahamas)
\

C=:

KX
RQ

Invites application for the position of:

MAINTENANCE TEAM LEADER

Consolidated Water (Bahamas) Ltd. operates several Reverse Osmosis
Plants within the Bahamas. As a market leader, the Company enjoys a
reputation of providing a wholesome quality product, whilst maintaining a
strong commitment fo its customers, its employees and the community at
large.

The Company currently has a vacancy for the position of Maintenance
Team Leader. The successful candidate will report directly to the General
Manager. The Maintenance Team Leader's role is to provide positive
leadership and demonstrative first person management by leading the
maintenance personnel in achieving the company's goals with respect to the
planned maintenance of equipment, both preventive and predictive. training
of maintenance personnel and cost management.

The prospective candidate must possess the following skills:

* Strong Mechanical & Electrical Engineering skills.

* Have demonstrative history of developing computer
basdd preventive and predictive maintenance
management systems.

* Strong PC skills, including working knowledge and
proficiency with Microsoft Office and Maintenance
Managcinent software,

¢ Ability o review weekly/monthly productivity
performance indicators of equipment & personnel,
monitor and control and report on the same.

* Ensure that maintenance planning tools are utilized
properly & efficiently and are achieving the company's
goals,

* Strong Cost Management skills.

* Must have proven history of good interpersonal skills.

* Must be prepared to work long hours, weekends and
travel to other business centers of the company,

Interested persons can forward their resumes to the following
address on or before December 14, 2007:

The General Manager
Consolidated Water (Bahamas) Ltd.
PO Box CR 54030
Nassau, Bahamas


PAGE 14B, THURSDAY, DECEMBER 13, 2007



THE TRIBUNE




“Eon the Prelate m By ROBERT GAVIN
Globe Staff
bert Ty Nc ae c. 2007 The Boston
Globe

read ‘Insight

ERIC Rosengren spent,
most of his career in the
background at the Boston
Federal Reserve, quietly con-

Re lite Nc}

A leading Law f irm with 0 fice located i in Nassau is seeking to fill the
following position .

PE ea

Applicant must:
‘have a minimum of 5 years experience as a legal Secretary
«have strong typing skills
* formal training in shorthand
‘be proficient in Microsoft Office including Word, Excel and Internet
usage
‘be self motivated and able to work without supervision

Applicants with background in Conveyancing, Banking, Civil Litiga-
tion, Wills, Immigration matiers encouraged. Medical Insurance and
Pension Plan offered.

Salary commensurate with skills and experience.

Interested persons should apply in writting to:

The Office Manager
P.O. Box N-4196
Nassau, Bahamas





ACCOUNTS CLERK

A progressive organization seeks to hire an
Accounts Clerk. The successful candidate
will be responsible for recording various
business transactions and. generating
monthly financial slaiement and reports for
management.















Qualifications
Candidate must have at least an associate
degree in accounting with a minimum of five
(5) years experience or a bachelor degree
with a minimum of (3) years experience.
Knowledge of Microsoft Excel and Quick

Books would be an advantage.



Salary range: $16,200 — $25,000 per Annum.



Qualified and interested applicants should
forward a copy of their curriculum vitae to:-







c/o The Tribune
DA Number 5405
P.O. Box N-3207

Nassau, Bahamas

All responses should be received by
December 18, 2007.







































Pricing Information As Of:
Tuesday, 11 December 200 | fe.
BS FSX & ISTED & TRADED SECURITIES « VISIT
BIS KCALE SHARE INDEX: CLOSE 2,054.
Low Securit y

eral enacremnes

Abaco Markets 1.59










: Bahamas Property Fund 11.65
9.55 Bank of Bahamas 9.55
0.85 0.70 Benchmark 0.85
3.74 1.72 Bahamas Waste 3.66
2.65 1.22 Fidelity Bank 2.65
12.02 9.99 Cable Bahamas 12.00
3.15 1.88 Colina Holdings 3.15
8.04 4.13 Commonwealth Bank (S1) 4 8.04
7.22 4.74 Consolidated Water BDRs 6.01
2.60 2.20 Doctor's Hospital 2.27
6.85 5.70 Famguard 6.85
12.80 12.00 Finco
14.75 14.15 FirstCaribbean
6.10 5.18 Foco! (S)

1.00 0.54 Freeport Concrete
7.10 ICD Utilities

8 60
10 00 7

J. S. Johnson
Premier Real Estate

52wk-L -Low Symbol
44.25 Bahamas © Supe permarkets
6.00 Caribbean Crossings (Pref)
0.20 RND Holdings



41.00 ABDAB
14.00 Bahamas Supermarkets
0.40 RND Holdings








P/E - Closing price divided by the last 12 month earnings
(S) - 4-for-1 Stock Split - Effective Date 8/8/2007
ee 3. for- at Stock Split - Effective Date 7/11/2007 +

LUO TRADE CALL: COLINA 243:602-7016"






=) FIDELITY

ducting economic research
and running the banks regu-
latory and credit operations.
‘Tuesday, the recently
appointed Boston Fed presi-
dent stepped to the forefront
in a big way.

Participating in just his
fourth rate-setting meeting at
the Federal Reserve in Wash-
ington, Rosengren cast the
lone vote of dissent, favoring
a half-point cut in the key
Fed interest rate over the
quarter-point reduction poli-
cy makers approved. In doing
so, he reflected the sentiment
of many analysts that the
economy -slowing rapidly
under the pressure of housing
and credit woes - needs
stronger medicine to skirt a
recession, economists said.

”Rosengren is very new,
and it’s surprising that he
stuck out his neck,” said Ian
Shepherdson, chief US econ-
omist at High Frequency
Economics, a forecasting firm
in Valhalla, N.Y. ”It was the
right thing to do, and I’m dis-
appointed he didn’t get his
way.”

Investors

Investors were disappoint-
ed, too, and the Dow Jones

industrials plunged nearly
300 points, or two per cent.

Dissents

Such dissents at the Fed’s
rate-setting Open Market
Committee are unusual,
although they’ve happened
more frequently under Chair-
man Ben Bernanke than his
predecessor, Alan
Greenspan, economists said.
A member of the committee
has dissented in six of the 15
meetings Bernanke has led.
In October, Thomas M.
Hoenig, the Kansas City Fed-
eral Reserve Bank president,
favored leaving the bench-
mark rate unchanged, instead
of cutting a quarter point, as
the panel approved.

The Fed uses interest rates
to manage the economy, rais-.
ing them to slow it when
inflation threatens and cut-
ting them to stimulate activity
when recession threatens.
Bernanke and others on the
Open Market Committee
don’t comment on interest
rate decisions and Rosen-
gren, through a spokesman,
declined to comment Tues-
day.

In some ways, the contra-
dictory dissents at the last

NEEDED FOR
KINGSWAY CAFETERIA

FOR JANUARY, 2008.

Kingsway Academy is seeking the serivces
of a cook to prepare mieals in the Cafeteria
as of January, 2008. Interested applicants
should collect applications from the Busi-
ness office on Bernard Road from 8:00 - 4:
00 p.m. Monday through Friday..

Successful applicants must:
¢ Be participating, commited born-again

Christian

¢ Have a minimum of at least five (5)
years experience in food handling and

preparation.

¢ Have a valid Health Certificate
¢ Have a genuine love for children and
young people, etc.

For further information please contact the

following:

Ms. Kelcine Hamilton
Academy Affairs Manager
Telephone: 324-6269 or 324-6887

Deadline for applications - Eraday, Decem-

ber 28, 2007






two meetings represent the
difficulties of gauging the
effect of the meltdown in the
US housing and mortgage
markets, and the credit tight-
ening that has followed.
Some believe the economy,
which grew at a strong 4.9 per
cent annual rate in the last
quarter, has momentum to
weather the credit crunch
with moderate stimulus, and
more aggressive moves risk

' igniting inflation.

Others believe the credit
crunch is pushing the econo-
my near recession and the
Fed needs to act boldly to
ensure lenders keep lending
and investors investing.

#4 Newcomer breaks ranks at Fed

not going to see the foreclo-
sure rate improve.”

Lower interest rates can
boost the economy and home
sales, and help stabilize
prices, economists said.

Rosengren, who joined the
Boston Fed as an economist
in 1985, also studied the eco-
nomic effects of a credit
crunch during the New Eng-
land real estate and banking
collapse of the late 1980s and
early 1990s.

Time
At the time, said Richard

Syron, then the Boston Fed
president, Rosengren’s

ey

obnsho

Rosengren, 50, became research found the credit =
Boston Fed president in July, | crunch caused by bank shut- ©
and took a seat on the Feder- downs by federal regulators
al Open Market Committee was hurting the broader 2
at its August meeting. The economy. Such a view was ao
seven Federal Reserve gover- considered ’counterculture,” ©
nors and the: president of the — Syron said, because estab- =

New York Fed have perma-
nent seats. Four seats rotate
among the other 11 Fed bank
presidents.

Analysts

Analysts said Rosengren’s
dissent was probably
informed by Boston Fed
research that showed falling
home prices, rather than ris-
ing interest rates, drive the
surge in foreclosures. Falling
home prices make it impossi-
ble for people with unafford-
able loans to sell their homes,
the research says, forcing
them into foreclosure. They

also broaden the pool of peo- .

ple who view their payments
as unaffordable, because of
the diminished prospect for a
return on the investment.
”The Boston Fed’s
research says the key driver is
housing prices,” said Brian
Bethune, US economist at
Global Insight, ”and unless
you can stop the hemorrhag-
ing of housing prices, you’re

lished economic thought sug-
gested new banks and lenders
would simply emerge to
replace those that were shut
down.

'”That’s good in the long
term,” Syron said, ’but a lot
of people get killed in the
short term”

Syron said Rosengren’s
work ultimately convinced
federal regulators that, in
determining whether to shut
down banks, they needed to
consider how the loss of
available credit'would hurt
businesses, hiring, and invest-
ment.

Syron, now chief executive
of Freddie Mac, the govern-
ment-created mortgage
financing company, said the
experience may have influ-
enced Rosengren’s vote
Tuesday.

”To dissent in one of your
first meetings is courageous,”
said Syron. ”But if you’ve
been through a credit crunch,
it’s a pretty searing experi-
ence.”

NOTICE

NOTICE is hereby given that WINSTON EAMOND FORREST
OF ALTHEA LANE OAKSFIELDB}; NASSAU, BAHAMAS, is
applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen of The
Bahamas, and that any person who knows any reason why
registration/ naturalization should not be granted, should send
a written and signed statement of the facts within twenty-eight
days from the 13TH day of DECEMBER, 2007 to the Minister
responsible for Nationality and Citizenship, P.O.Box N-7147,

Nassau, Bahamas.

a

Consolidated Water (Bahamas)

Lid.

Invites application for the position of:
CONTROLS/ELECTRICAL TECHNICIAN

Consolidated Water (Bahamas) Ltd. operates several Reverse Osmosis
Plants within the Bahamas. As a market leader, the Company enjoys a
reputation of providing a wholesome quality product, whilst maintaining a
strong commitment to its customers, its employees and the community at

large.

_ The Company currently has a vacancy for the position of Controls/Electrical

Technician. The successful candidate will report directly to the Maintenance
Team Leader. The Controls/Electrical Technician shall be responsible for
preventive and predictive maintenance and repairs. of Reverse Osmosis
Plant Control Systems and Single and Three Phase Equipment & Building
Systems. Additionally duties shall include assisting with other maintenance

duties of the operations.

Previous Close Today's Close




Change Daily Vol. EPS $ Div $ P/E Yield
1.59 0.00 0.157 0.000 10.1
11.65 ; 0.00 500 1.502 0.400 7.8
9.55 0.00 0.733 0.260 13.0
0.85 0.00 22,500 0.188 0.020 4.5
3.66 0.00 0.275 0.080 13.3
2.65 0.00 0.058 0.040 45.7
12.00 0.00 1.030 0.240 41.7
3.15 0.00 0.031 0.080 101.6
8.03 -0.01 7,450 0.426 0.260 18.8
5.96 -0.05 0.129 0.050 46.6
2.28 0.01 10,000 0.316 0.020 T2
6.85 0.00 0.713 0.240 9.6
12.75 0.00 0.829 0.570 16.4
14.60 0.00 150 0.934 0.470 15.6
5.96 0.00 0.359 0.140 16.6
0.73 0.00 -0.415 0.000 N/M,

7.25 0.00 0.411



veld cE SE eT



52wk-Low 7 Fund Name NA V
1.2647 Colina Money Market Fund 7366332"
2.9728 Fidelity Bahamas G & | Fund 3.5388***
2.4723 Colina MSI Preferred Fund 2.990218*
1.2037 Colina Bond Fund 1.282687"
11. oo Fidelity Prime tn come, f und
Lge) die eee PR AEM TS ‘
RE INDEX - 19 Dec 02 :4, 000.00 d by closing price ; NAY KEY.
52wk-Hi - Highest closing price in las aoks Bid $ - Buying price of Colina and Fidelity
52wk-Low - Lowast closing price in las weeks Ask $ - Selling price of Colina and fidelity * - 30 November 2007
Previous Close - Previous day's weighted price for daily volurne Last Price - Last traded over-the-counter price ** . 30 June 2007
Today's Close - Current day's weighted price for daily volume Weekly Vol. - Trading volume of the prior week *** . 31 October 2007
Change - Change in closing price from day to day EPS $ - A company’s reported earnings per share for the last 12 mths **. 34 July 2007
Daily Vol. - Number of total shares traded today NAV - Net Asset Value
DIV $ - Dividends per share paid in the last 12 months N/M - Not Meaningful

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

corgmecrenscenes



The prospective candidate must possess the following skills:

* Strong Single and Three Phase Electrical Repairs and
Maintenance skills with certification in the same.
Strong trouble shooting skills of Single, Three Phase
Electrical Systems, Variable Frequency Drives and
Reverse Osmosis Plant Equipment.
Must have demonstrated experience with Allen
Bradley/Rockwell Power Line Carriers/Motor Starters.
Must have a working knowledge of Schnider PLCs.
Must be familiar with navigating and’ trouble shooting
Paragon, Devicenet and Controlnet PLC Software.
Strong PC skills, including working knowledge and
proficiency with Microsoft Office and Maintenance
Management software.
Ability to prepare weekly/monthly reports of work
performed.
Must have proven history of good interpersonal skills.
Must be prepared to work long hours, weekends and
travel to other business centers of the company.

Interested persons can forward their resumes to the following
address on or before December 14, 2007:

The General Manager
Consolidated Water (Bahamas) Ltd.
PQ Box CR 54030
Nassau, Bahamas




Gr

Sah) ae

ca

THE WEATHER REPORT

paiva. 2s Ce

KEY WEST
High: 80° F/27°C
Low: 74° F/23°C

a % oe

*

Shown is today's weather. Temperatures are today's
highs and tonights's lows.

Today
High Low W

7 FIC FC
Albuquerque 48/8 28/-2 pc
Anchorage __ 23/-5 14/-10 c
Atlanta - 65/18 44/6 sh
Atlantic City 42/5 31/0 ¢r
Baltimore 42/5 34 &
Boston | 32/0 25/-3 sn
Buffalo 32/0 27/-2_ sn
Charleston, SC 78/25 57/13 pc
Chicago 34/1 22/-5 sf
Cleveland 34/1 31/0 ji
Dallas 58/14 40/4 pc
Denver 36/2 13/-10 c
Detroit 35/1 28/-2 sn
Honolulu 83/28 72/22 pc
Houston 60/15 52/11 ¢

High
F/C

Friday
Low

F/C

Ww

43/6 24/-4 c-
22/-5 10/-12

63/7

46/7

44/6 25/-3

48/8
37/2
36/2
72/22
30/-1
39/3
52/11
26/-3
34/1
82/27
66/18

-30/-1
27/-2
19/-7

52/11-

20/-6
26/-3

36/2
8/-13
22/-5
70/21
56/13

p,aogngntaonvd
2 5 oO

s

pe
pc
pe
pc
sf

sh

Indianapolis”
Jacksonville

“Las Vegas |

Little Rock ©
_Los Angeles

Louisville —
Memphis
Miami
Minneapolis
Nashville

New Orleans
New York
Oklahoma City
Orlando






Windy with showers

around.



Today
High Low W

Fc = F/C

38/3. 26/-3

80/26 56/13 pc
36/2 22/-5 pe
“57/1. 3 36/2- ve
57/3 - 36/2

66/18 45/7 a
48/8 «34 5
52/11 39/3 5
82/27 73/22 pc
26/-3 8/-13 sf
56/13 39/3 +
74/23 58/14 ‘sh
36/2 30/-1 sn
46/7 27/-2 s
83/28 61/16

82/27 71/21

TONIGHT

UN SUV



Rather cloudy with a








Mostly cloudy. Intervals of clouds
shower. and sun.
High: 82° High: 82°
Low: 72° Low: 72° Low: 72°
AccuWeather RealFeel PHAM rl tetas bal) ETON CET ea ere bit
po A 85°-75° F 85°-75° F

Friday
High Low Ww
_ Fe F/C :
37/2 25/-3 pe
eee 57/13 pe
30/1 18/-7
55/12: --34A-

66/18 46/7 s
45/7 31/0 pc
53/11 40/4 pc

12/-11 6/-14° pe

50/10 38/3. pe

70/21 61/16 pc
41/5 30/-1. pc
42/5 26/-3 sn

81/27 63/17 -¢

High: 79° F/26°C
Low: 72° F/22°C

— 6010 39/3 or

High

F/C
Philadelphia 36/2.
Phoenix 63/17
Pittsburgh 38/3"
--Portland,OR — 43/6.
Raleigh-Durham 75/23
St. Louis 42/5
Salt Lake City. 28/-2
San Antonio 64/17
San Diego 63/17
San Francisco 56/13
Seattle. 43/6
Tallahassee 80/26
Tampa 82/27
Tucson 63/17

Washington, DC 42/5

e exclusive AccuWeather RealFeel Temperature® is an index that combines the effects of temperature, wind, humidity, sunshine intensity, cloudiness, precipitation, pressure, and
ae elevation on the human body—everything that effects how warm or cold a person feels. Temperatures reflect the high and the low for the day.






Today Friday -
Low W High Low Ww
F/C FO FG
34 i ~A5/T 30/-1— pe
42/5 pe 60/15 40/4 s

30/-1 1. 38/3 .24/-4 pc
34/1-c-— 44/6 -34/1- c-

44/6 c . 62/16 41/5 pc
27/-2 pe — 38/3._-25/-3_— pe
17/-8 c -24/-4 12/-11 pe
49/9 c 62/16 48/8 c
47/8 po 64/17 47/8 $s
42/5 s 56/13 43/6 pc
36/2 26-7 48/6 38/8 =
56/13 pe 78/25 53/11 pe

64/17 pce 79/26 66/18
39/3 pe 58/14 32/0 s
38/3 sh 49/9 32/0 pc

eee



FO ee a

ly

Mostly cloudy, a Mostly cloudy, a

couple of t-storms. shower possible. *
High: 80° High: 78°
Low: 67° _Low: 65°

itera

[ _79°-63°F

AccuWeather RealFee



[| 85°-63° F

Statistics are for Nassau through 1 p.m. yesterday

Temperature
HIGH: eeescssccssessssssssussssssassansease B1° F/2T? C
LOW eccscssseae 1. 75° F/24° C



Normal high 79° F/26° C
Normal low . 67° F/20° C
Last year's NIQh ou. eeepeeeseeeseee BF° F/27° C
Last year's IOW .....secsssecssseecssesssseesssne 2° F/22° :
Precipitation
As of 1 p.m. yesterday ......eessesssereseeee O. 00"
Year to date ......... br stasesloucsteesiattearicivcins OULES:
Normal year to date ou... ees 90.20"
AccuWeather.com
Forecasts and graphics provided-by

AccuWeather, Inc. ©2007

CATISLAND
. High: 78° F/26°C
- Low:67°F/9°C

RAGGED ISLAND
~ High:81°F/27°C
Low: 64° F/18°C

Low:69°



“GREATINAGUA
High: 83° F/28°C
«:- Low:69° F/21 °C



TEE

The higher the AccuWeather UV Indexâ„¢ number, the
greater the need for eye and skin protection.

ee







Feifay inerem, 22 i on “a
Saturday tgpm 23 Saipm. 00
sent TOE Ee geome: 60



Sunrise......6:46a.m. Moonrise. ... . 9:56 a.m.
Sunset.......5:22 p.m. Moonset..... 8:59 p.m.
First Full Last New

dan. 8





Wont Cimies











Today
High Low W
F/C F/C
“Acapulco 86/30 72/22 s
Amsterdam 43/6 32/0 s~
Ankara, Turkey 43/6 «32/0 r -
Athens 55/12 46/7 +
Auckland - POPS 892" “BONS Pe
Bangkok 90/32 75/23 pc
Barbados 84/28 75/23 t-
Barcelona 52/11 36/2 s
Beijing 42/5 24/-4s
Beirut 71/21 61/16 s
Belgrade 33/0 17/-8 sf
Berlin 37/2 32/0 pe
‘Bermuda : 74/23 «66/18 pc
Bogota 63/17 48/8 sh
Brussels _ 42/5 29/-1 pe
Budapest 37/2 27/-2 pe |
Buenos Aires. : 88/31 63/17 s —
Cairo 73/22 52/11 s
Calcutta 82/27 616 s
Calgary 33/0 9/-12 ¢
Cancun 6 82/27 70/21 pc
Caracas 82/27 70/21 sh
Casablanca =i (a asti(‘(w TRB
Copenhagen _ 38/3 31/0 pc
Dublin nose 50/10 = 39/3 pe
Frankfurt 38/3 28/-2 pc
Geneva BBB 26-3 pe
Halifax 22/-5 —8/-13. pc
Havana 81/27 68/20 sh
Helsinki 36/2 27/-2 pc
Hong Kong © ‘TH25 67/19 pc
Islamabad 64/17 = 47/8 pc
Istanbul 50/10 43/6 1
Jerusalem 68/20 48/8 s
‘Johannesburg i (assi(ts«BG «STD pc
Kingston 84/28 73/22 sh
ima ees o/21 64/17 c
London 46/7 32/0 ee
“Madrid “821 27/-2 s —
Manila ; 89/31 75/23 pc -
“Mexico City ~~ fin ey Ofpo Adare se
aa 66/18 54/12 c
‘Montreal. 9 AA 44-4 sn
Moscow _28/-2 — 21/-6 sn
Munich | Bers 84/1 19/-7 sh-
_ 83/28 57/13 ¢
7121 «44/6 s
31/0 23/-5 pe
43/6 30/-1 pe-
Prague 87/2 23/-5 pe
‘RiodeJaneiro .. 76/24 67/19
Riyadh 73/22 55/12 s

SSeS 52/1

_.. 85/29 _ 75/23 s
408/42 68/20 s
88/31 66/18. s_
84/28 50/10 s
82/27 72/22 t |
68/20 61/16 5
39/3 25/-3 s



34 28/2 po”

72/22 63/17 pe _

78/25. 64/7 pe
95/12 43/6 5



86/30 72/22 t

‘41/5 36/2 sn-
38/3 23/-5 sh
-30/-1 25/-3 s.

9/-12 -14/-25 sf

Winnipeg

Weather (W): s-sunny, pe-partly cloudy, c-cloudy, sh-showers, t-thunder-
storms, r-rain, sf-snow flurries, sn-snow, i-ice, Prcp-precipitation, Tr-trace



37/2 po











THE TRIBUNE THURDAY DECEMBER 13TH, 2007

| | INSURANCE MANAGEMENT

J (BAHAMAS) LIMITED. INSURANCE BROKERS & AGENTS







UE ag aac
Friday WINDS WAVES VISIBILITY | WATER TEMPS.
High Low W WASSAU Today: E at 12-25 Knots 2-4 Feet 3-5 Miles 79° F
FC FC Friday: ESE at 8-16 Knots 1-3 Feet. 5-7 Miles 79° F
87/30 72/22 S$ FREEPORT Today: E at 10-20 Knots 1-3 Feet 4-7 Miles 78° F
41/5 32/0 pe Friday: ESE at 7-14 Knots 1-3 Feet 4-7 Miles 78° F
39/3 28/-2 sf ABACO ‘Today: E at 12-25 Knots 5-9 Feet 4-7 Miles 78° F
94/12 45/7 & Friday: SE at 8-16 Knots 3-6 Feet 4-7 Miles 78° F
72/22 61/16 pc
91/32 75/23 pc
86/30 77/25 pc
53/11 38/3 s
40/4 24/-4 s
67/19 60/15 t
26/-3 21/-6 sn
36/2 30/-1 ¢
74/23 68/20 pe
66/18 46/7 ©
- 40/4 29/-1 pc
36/2 28/-2 sf
88/31 68/20 pc
65/18 51/10 s
82/27 647 s
19/-7 10/-12 pe
81/27 72/22 t-
86/30 71/21 6
68/20 49/9 s
38/3 30/-1 pc
50/10 37/2 s-
37/2 27/-2 pc
38/3 24/-4 pe
—28/-2 16/-8 c /
30/1 on : 3 Miami:
—— ‘82/73 *
78/25 65/8 pe T-storms ieee
68/20 40/4 s =_ Cc
: l Flurries Shown are noon positions of weather systems and ;
58/14 47/8 pe =. 33 Snow precipitation. Temperature bands are highs for the day. Warm itwalitvcllie.
7996 57/13 ¢ f I Forecast high/low temperatures are for selected cities. Stationary iimgmnillie
87/30 78/25 t
45/7 —30/-1 pe
BONO 23/-5 s~
87/30 74/23. pe
_ 80/26 “57/3. ‘pe
26-3 6/-14 sf
27/-2 23/-5 sf





eS

1g





- 28/- 2

76/24

50/10 36/2 pc
__ 86/3



75/23 _

~ 76/24.
52/11

"= 372

42/5
29/1
32/0
4/-15

0.

_21/- 6 pe

55/12 s
74/23 _t

65/18 pc

66/18 pe
40/4 s_

-16/-8 sf
72/22 1a


Pp AGE. 16B, THURSDAY, DECEMBER 13, 2007



BUSINESS

THE TRIBUNE

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APN MAUURN SMI UUM OSMIUM MIPIM]



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Baker’s Bay opponents
‘astounded’ by the PM

@ By NEIL HARTNELL
Tribune Business Editor

OPPONENTS of the multi-

million dollar Baker’s Bay Golf

& Ocean Club age fuming over
an alleged snub by Prime Min-
ister Hubert Ingraham, their
attorney claiming that he did
not respond to their requests
for a meeting over a project that
is “economically useless for the
Bahamas”.

Fred Smith, the Callender’s
& Co partner representing the
Save Guana Cay Reef Associa-
tion, told The Tribune that his
clients were “astounded” that
the Prime Minister would trav-
el to Abaco to meet the Baker’s
Bay developers and Hope
Town District Council, but not
them.

Mr Smith said: “We find it
astounding that the Prime Min-
ister should choose to visit the
developers of Guana Cay and
the Hope Town District Coun-
cil” but not visit the residents,
and Bahamian citizens that
comprise the Save Guana Cay
Reef Association.

“farlier in the week, when
we discovered the Prime Minis-
ter was going to visit Guana
Cay, we requested through His
secretary that he also make time
to visit with them in Abaco. We
received no response to that
request.”

Mr Ingraham had said dur-
ing his visit that there was “no
basis” for any further opposi-
tion to the Baker’s Bay project,
being conducted by Arizona-
based Discovery Land Compa-
ny.

He said of the development:
“The Government of the
Bahamas is satisfied that the
development of Baker’s Bay
is in the public interest of the
Bahamas, and we will do what-
ever is necessary to ensure that
we effectively support and
facilitate and accommodate the
development.

“It is contributing signifi-
cantly to the economy of Aba-
co, as it is producing in terms
of wages some $1 million per
month. From a government

oint of view, that means that
200,000 of that comes direct-

ly back to the
public trea-
sury as rev-
enue. Addi-
tionally, they
are accessing
lots of goods
and service
f r o m
Bahamian
suppliers and
contractors
and we wish
we had many ©
more like them.”

To that, Mr Smith replied:
“The Prime Minister is miss-
ing the point. [tis not about
whether Baker’s Bay is the
best development in. the
Bahamas.

“It is inappropriate for the
location. Lt is economically use-
less for the Bahamas. It is a
gated community for affluent
foreign investors. It is being

built mostly by foreign labour..

No Bahamian on Guana Cay
has any of the tax exemptions
available to the foreigners. We
consider this discriminatory.

“Instead of empowering

Bahampans by giving them
Crown Land on Guana Cay, it
has been given to foreigners
for profit.”

The notion that Baker's Bay
is “economically useless” for
the Bahamas to likely to find
little support among Baker’s
Bay’s developers.

Michael Meldman, Discoy-
ery Land Company’s chief
executive, said at the weekend
that the developers had spent
more than $160 million on the
Guana Cay project, and are
likely to double that invest-
ment within the next year.

“The. project from a land
standpoint - just a lot sale
standpoint - will be in excess $1
billion - maybe $1.5 billion just
in land sales.” he added.

This was before homes were
constructed, Mr Meldman
explained. He added that the
lots were priced at $2.5 -$10
million.

“So, let’s say you have a $4
million lot. and build a 6-10,000
square foot house. The actual
cost that will come to the econ-
omy will be another $6-8 mil-



lion, so if you have 300 houses
it would be $3 billion,” Mr
Meldman said.

“So the build out of the pro-

ject as it equates to the Stamp

Tax will be hundreds and hun-
dreds of millions of dollars. It is
a significant economic impact
to the economy of Abaco.”

‘Mr Meldman said $40 mil-
lion of the $65 million cost of
the marina has been spent, and
within six to eight months the
golf course should be nearly
done and a few dozen: homes
under construction

“Of the 250 lots available,

90 have been sold, and within

90 days construction will begin

on about 20 of them,” he
added.

Many observers believe the
litigation over Baker’s Bay
should be settled, given that
Discovery Land Company are
legitimate investors who
appear to be fulfilling their
pledges and commitments out-
lined in the Heads of Agrée-
ment they signed with the
Government in 2005.

Yet Mr Smith told The Tri-
bune: “The Association
intends to continue its pursuit
of, justice. We have com-
menced a number of actions,
and we are waiting for the

judgment of the Court of

Appeal. We intend at every
stage in the future to protect
and promote our rights.”

He argued that it was not for
the Prime Minister to deter-
mine whether there was any
legitimate basis for Baker’s
Bay to go forward. but the
courts.

“The only thing the people
of Guana Cay are doing is
holding the Government and
developers to legal account,”
Mr Smith said.

Fe added that the process
should encourage legitimate
investors because it showed the
rule of law was in force in the
Bahamas. +

Referring to the Prime Min-
ister,,Mr Smith said: “If he
wants to promote investment
that feels safe in the Bahamas.
he should focus his energies on
getting the judiciary sorted out.
and improving their salaries.”

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