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Volume: 107 No.228 THURSDAY, SEPTEMBER 1, 2011 PRICE – 75¢ (Abaco and Grand Bahama $1.25)

NOBODY – BUT NOBODY – BEATS THE TRIBUNE INSIDE TODAY CARS! CARS! CARS! LOADS OF JOBS AND HELP WANTED! THE TRIBUNE’S CLASSIFIEDS TRADER CELL PHONE SERVICE ISSUES CONTINUE ONE Hurricane charity WEEK AFTER HURRICANE By CELESTE NIXON Tribune Staff Reporter [email protected]

A WEEK after Hurricane Irene swept through the Bahamas, cell phone users are still experiencing dropped calls and interrupted services, or no service at all. BTC spokesman Marlon Johnson said that while the aircraft detained power plant in Nassau is largely online, some cus- tomers are experiencing dis- MOTHER-OF-FIVE’S DEATH PROMPTS DENGUE FEVER CONCERNS ruptions in services as a result ‘Questions’ about HOPE of BTC resetting its network. Apologising for the service disruptions, Mr Johnson said Foundation operations “some of the exchanges have gone offline – what customers have been experiencing are By NOELLE NICOLLS deliver relief supplies to dropped calls and failed calls Tribune Staff Reporter family island residents in the which are just related to us [email protected] wake of Hurricane Irene. getting our plant functioning.” Police detained one of the Mr Johnson added that POLICE detained the air- company’s helicopters on these issues are being craft of a local charity with Sunday in Cat Island while addressed and they hope to “questions” about its opera- they investigated their con- have problems fixed today. tions, The Tribune can con- cerns. This came on the He said: “We are hopeful in a day or two that phenom- firm. heels of an alleged “mis- ena will go away.” The Humanitarian Oper- take” that led to govern- Most of the country was ation Foundation (HOPE ment officials temporarily affected by Hurricane Irene Foundation) was allegedly seizing some of the organi- when she tore through the flying its helicopters “too sation’s relief supplies. Bahamas on Wednesday and low” and landing on “unau- The HOPE Foundation Thursday of last week. thorised locations,” accord- worked in collaboration with While some minor issues ing to government officials. Sea Air Land Security persist, Mr Johnson said over- HOPE Foundation used (SALS) Inc, a Florida-based all the BTC plant is in good two helicopters and a fixed- security company, com- shape. wing aircraft from the Unit- prised of ex-military pilots According to Mr Johnson, ed States to operate “search around 90 per cent of land- and rescue” missions, and to SEE page 10 line customers and 80 per cent of mobile customers remained in service throughout the KATIA WILL PASS ‘WELL TO THE EAST’ OF THE BAHAMAS storm. The islands affected the STORM ‘NOT EXPECTED TO BE DIRECT THREAT’ most continue to experience TROPICAL storm Katia is not expected to be a direct threat operational problems, in par- for the Bahamas, meteorologists predicted yesterday. ticular Eleuthera and Cat The storm has the potential to develop into a hurricane Island, said Mr Johnson. sometime today, however up to press time it had not developed JONATHON AND EUNICE He said issues in service can a well-defined eye and was travelling at 70 miles an hour. SMITH on their 20th either be attributed to dam- According to Accuweather, storm projections indicate Katia, wedding anniversary. aged poles, which are now whose path is much further north than that of Hurricane Irene, being addressed by BTC will pass “well to the east” of the Bahamas. along with BEC and the issue Despite favourable projections, Bahamians were advised to By AVA TURNQUEST of unrestored commercial remain on their guard and keep abreast of the storm’s path over Tribune Staff Reporter power. [email protected] the next few days. Mr Johnson explained THE sudden death of a mother-of-five who had SEE page 10 experienced dengue fever- like symptoms has shocked loved ones who now ques- tion whether or not they MP ACCUSES PM OF ‘CORRUPT PRACTICES’ underestimated the disease. By SANCHESKA BROWN announced that dredging had Grieving husband started on the Aga Khan’s pri- Jonathon Smith told The Tri- MP for MICAL, V Alfred vate island in the Exumas – bune he now awaits the find- Gray has accused Prime Minis- Bell Island. ings of an autopsy to under- ter Hubert Ingraham of "cor- The island , which is a part of stand why his wife, Eunice, rupt practices", after he trav- the Exuma Cays and Sea park, 46, collapsed in his arms at elled to Abaco Monday using has been the source of contro- their Pinewood home. the Aga Khan's helicopter. versy among environmentalists Mr Smith said: “I had just The Prime Minister with a who say the development gone out to get (his wife) contingent of ministers went to would destroy the natural some more Gatorade, right Abaco to assess the damage beauty, the ecological diversity as I pulled up, they came out after the passage of Hurricane and history associated with to me saying that she wanted Irene. MP FOR MICAL SEE page 11 That same day it was SEE page 11 V Alfred Gray

NASSAU AND BAHAMA ISLANDS’ LEADING NEWSPAPER PAGE 2, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE LOCAL NEWS INSIGHT For the stories behind CRASH ON THE the news, read Insight on Mondays EASTERN RD A Tribune reader cap- tured this photo of a traffic accident on Eastern Road shortly before 6pm yester- day. The incident took place between High Vista Drive and Mount Vernon, and caused even more traffic congestion than usual at this already busy hour.

PAGE 4, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE EDITORIAL/LETTERS TO THE EDITOR The Tribune Limited The disaster 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., response in (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. Mayaguana Publisher/Editor 1972-

Published Daily Monday to Saturday EDITOR, The Tribune. working with him under very difficult circumstance; Shirley Street, P.O. Box N-3207, Nassau, Bahamas I WILL appreciate it if LETTERS with limited resources; as Insurance Management Building., P.O. F-485, Freeport, Grand Bahama you would allow me a little [email protected] of yesterday, most of the space in your columns to islands’ power has been TELEPHONES express my personal obser- restored. S witchboard (News, Circulation and Advertising) 322-1986 vations and feelings in But God is still faithful As a Mayaguanian, I Advertising Manager - (242) 502-2352 regard to the disaster to His promise and his urge the government to response here in Mayagua- mercy extends to us take a serious, look at their na. “behind His back” because disaster plans for these While, I can appreciate, He is in the lead. islands and in particular Alfred Gray worries about PM’s reputation that we are a country made While Mayaguana, thank the island of Mayaguana. up of islands spread over God fared better than I am incensed that I have ACCORDING TO MICAL MP V Alfred talking about, because no one else seems to thousands of square miles; some of our family islands, heard of government agen- Gray, Prime Minister Ingraham has “cor- know about it. and that the government we have and continue to cies having visited our oth- rupted” himself by accepting the Aga Khan’s “The PLP are sitting on the sidelines tak- and/or its agencies must experience some difficul- er family islands and to helicopter to tour the Bahamas’ hurricane ing pot shots at a man who is getting the prioritize their response to ties. Many, if not most of date none think us impor- damaged islands. According to Mr Gray, job done,” a Bahamian sarcastically com- those islands or communi- our homes experienced tant enough to make not the Prime Minister, to protect his reputa- mented. “They are just jealous because they ties according to their need some form of damage, even a cursory visit. tion, should instead have taken a plane, can’t get the Aga Khan’s helicopter or any which Mr Gray claimed was available. other helicopter to get there. If they say a for assistance after a hur- whether from flooding loss There is a limited supply Obviously, Mr Gray is completely plane was available why didn’t they take it ricane or other disaster. of shingles and parts of of water and we are sad- unaware of the conditions in the islands, themselves and make a contribution to help However, let me state roofs. The churches, dled with an and is oblivious — either by design or igno- the people?” here that their response to received damage and in unreliable/erratic mail ser- rance — that an aircraft cannot effectively Is the Aga Khan — a man noted for his Mayaguana, after the pass- one instance, lost a com- vice. cover the same territory in such conditions. generosity and his philanthropic work — to ing of hurricane Irene, plete structure which was The government’s water For example on Monday when four US be treated like a pariah in this country, leaves much to be desired under construction. tanks, which collects water Army Black Hawks landed at Odyssey Avi- because he is digging a canal at his Bell and I personally, expected During the hurricane, we for the community’s use, ation because of bad weather, Prime Minis- island property – for which he already has a more from a caring gov- can appreciate that situa- has been damaged or the ter Ingraham was getting into the Aga permit, and does not have to depend upon ernment. water polluted due to the Khan’s 12-passenger helicopter to fly to Mr Ingraham to give him anything. The Aga tion may cause us to have Abaco. Khan, whose Aga Khan Development Net- During my last five to 10 to adapt and make the best storm, but our only help so According to Met Office reports that day, work has the environment in its portfolio, is years here in Mayaguana, of the situation; but there far came from severe thunder and lightning storms were unlikely to do anything that will damage the whenever the islands were are some things which Jamaica/Caribbean expected between 3 and 6pm, and persons environs at Bell Island. The prince is prob- threatened with a direct or could be done as a matter National Emergency were advised to stay indoors. The Black ably more aware and concerned about pro- significant effects of a hur- of common sense which Agency. Our sincere Hawks were in, the helicopter was out. By tecting the environment than any PLP will ricane, NEMA usually dis- would minimise the risk of thanks to them. 9.45pm the Prime Minister and the press ever be. patches Defence Force physical injuries to persons I only hope that this or were back at Odyssey as lightening flashed Is this generous man’s offer to help the officers to remain on the during the storm. subsequent government and thunder rolled. The weather was not people of the Bahamas in their hour of need island to assist the resi- This is so in our person- would take a real close good, our son, who was on the trip, informed to be turned down, because one Alfred us. Grey, who believes that the Prime Minister dents in the event of dis- al lives and certainly by assessment of their policies No aircraft could have covered the terri- should take more time to “walk and talk aster. those we elected to govern and understand that even tory that the Prime Minister did that day. and touch and look in people’s eyes and see On this instance not only our affairs. though we may “be behind What aircraft could have hovered near roof their hurt and pain,” is now feigning con- were there no such assis- Here in Mayaguana, the God’s back” as they say, tops, landed in settlements and islands to cern for the Prime Minister’s reputation? tance in preparation to or two schools used as shel- we are very much a part of avoid flooded airstrips and fly below the Mr Grey is sitting on the sidelines, playing during the hurricane; but ters have their restrooms the Bahamas and have the thunderstorms that kept planes out of the the cheapest kind of politics and making to date; one week after the many feet away from the same basic needs as they air? himself and his party look ridiculous. hurricane had hit the main buildings being used and our brothers and sis- On that day, the Prime Minister’s party In this hour of need we believe Mr Ingra- island, to my knowledge, as shelters and should one ters elsewhere in the landed at Sandy Point, Moores Island, Coop- ham is more interested in helping his fellow we have yet to receive an Bahamas do. ers Town, Blackwood, Murphy Town, Trea- Bahamians than worrying about his repu- venture outside during sure Cay, Green Turtle Cay and Marsh Har- tation — he’ll leave that to Mr Gray. official visit from any of such weather conditions, bour. How could he have covered this dis- Mr Ingraham decided to take the most the Commonwealth of The they are being subjected to GLENN MOSS tance in an aircraft? Where would the plane effective way to cover as many settlements as Bahamas Government’s a very high risk of injury. Mayaguana, have landed and how many lost hours would he could in the shortest possible time, so agencies. This in my opin- This could be corrected August 30, 2011. it have taken to travel by car and ferry to that supplies could be dispatched as quickly ion is scandalous. not only for the hurricane these settlements? Not only did the terrain as possible. It is shocking to think season but also for the stu- make such a trip impossible, but he could We are certain that the injured man in that an agency of the dents who attend school (And who does Mr Moss have never made so many stops, seen so Cat Island, wasn’t concerned about what Caribbean out of Jamaica, and must use the restroom think arranged for the many people and got back to Nassau on the helicopter flew him to Nassau for medical has visited our island and during inclement weather. Jamaican agency to send in same night. In three days travelling by heli- attention. Incidentally, it was not the Aga delivered care/food pack- supplies if it were not his copter — two days courtesy of the Aga Khan Khan’s helicopter, but that of an equally Apart from a limited — the Prime Minister has practically covered generous friend of the Bahamas — all of ages and to date not one number of cots, which I am own government? all of the stricken islands. this at no cost to the Bahamian taxpayer. agency from our own gov- told could have been or (The Caribbean Disas- Yesterday — leaving at 8am and return- Instead of saying thanks, Mr Grey wants ernment has yet to visit were made available from ter Emergency Manage- ing at 9:30pm – again in the Aga Khan’s to talk of corruption. this island; in order to try the Red Cross, no provi- ment Agency, under CARI- helicopter, the Prime Minister flew to While Mr Gray has announced that he and appreciate what diffi- sions or contingency are COM, is an inter-regional Crooked Island and Acklins, and touched intends to start an appeal for donations from culties or if any, that made in advance to deal supportive network of inde- down in Exuma to refuel. Because of the lumber yards for assistance to rebuild homes, Mayaguanians’ may be with the very old people pendent emergency units difficulty of getting fuel, the helicopter could Mr Ingraham — who is moving too fast for experiencing. who might have to used throughout the Caribbean, not continue on to Mayaguana and so a the snail-paced PLP — has already arranged We have been geograph- headquartered in Jamaica. Defence Force aircraft picked him up at for supplies to be sent in for the rebuilding to the centre. Acklins, flew him to Mayaguana, then to start. ically categorized as “being I understand that per- (The Bahamas is a mem- San Salvador and back to Nassau. If the PLP cannot do anything, they behind God’s back” and sons using the shelters are ber of this regional agency. Mr Gray talks of an available aircraft should at least have the decency to keep were and continued to be required to provide their NEMA arranged for this that Mr Ingraham could have taken. We their mouths shut. Now is not the time to add treated as such (but for the own basic necessities. organisation to send relief would like to know what aircraft he was politics to a people’s suffering. Grace of Almighty God) However, some consider- supplies directly from by the powers that be. ations must be given to Jamaica to Mayaguana. those disabled and elderly For an island that, accord- people who may not have ing to Mr Moss, considers the means or otherwise. I itself “behind God’s back”, thank God, we have some it certainly did pretty well genuinely caring people on for itself. Of all the islands, this island and the Local it was the first to receive Government (as limited as hurricane aid — thanks to they are). the work of NEMA and Mr We have been out of Moss’ own government. power for a week; however Instead of complaining, Mr I commend and thank the Moss, and the people of local BEC staff and those Mayaguana have much to men from the community, be thankful for. — Ed).

THE TRIBUNE THURSDAY, SEPTEMBER 1, 2011, PAGE 5 LOCAL NEWS

CAT ISLAND suffered damage from Hurricane Irene.

90 DAY EXEMPTION PERIOD FOLLOWING HURRICANE DAMAGE SOME ITEMS DUTY FREE FOR CAT ISLAND, ACKLINS RESIDENTS RESIDENTS of Cat Island can apply for duty exemption. devastated by the storm. We and Acklins will be able to Claims have to be approved lost the entire banana and plan- import building materials, farm- by the National Emergency tain crops," Maurice Minnis, ing and fishing equipment and Management Agency (NEMA) manager of the packing house vehicles duty free for six months or the Department of Agricul- on Long Island, told The Tri- as of today. ture and Fisheries. bune earlier this week. Those in Long Cay, Anyone found abusing or Godfrey Deveaux, packing Mayaguana, Rum Cay, San Sal- misusing goods imported under house manager for South vador, Inagua and Ragged the declaration order will have Eleuthera, earlier said: "Some Island will be able to apply for their property seized and dis- of my farmers so far have had duty exemption on the same posed of under Section 83 of severe damage to fruit trees. A classification of goods for a 90- the Customs Management Act. lot of them were blown down, day period. Irene tore through Cat Island and they were loaded with The announcement came in a and Acklins early last week and fruits, avocados, oranges and declaration of exigency autho- flattened houses, tore off roofs, stuff like that." rised by Finance Minister, and uprooted trees and utility Prime Minister Hubert Ingra- poles. ham, to provide relief for the Storm surge from the tropical islands hardest hit by Hurricane cyclone burst through walls and GOODS THAT QUALIFY Irene – Cat Island and Acklins – doors and washed away per- FOR DUTY EXEMPTION and other communities that suf- sonal possessions, furniture and fered damage from the storm's crops. • BUILDING MATERIALS passage. Farmers in Eleuthera and • ELECTRICAL FIXTURES AND Residents of islands not Long Island also complained MATERIALS included in the exigency order they lost valuable crops because • PLUMBING FIXTURES AND who suffered loss of property of the storm. MATERIALS or hardship because of Irene "We have been 100 per cent • HOUSEHOLD FURNITURE, FUR- NISHINGS AND APPLIANCES • SUPPLIES FOR THE RECONSTRUC- TION AND REPAIR OF GREENHOUS- 1R 2QH .QRZV WKH 'D\ RU +RXU ES, INCLUDING PLANT SLEEVES, TIMERS, PLANT POTS AND SOIL- LESS GROWTH 0DWWKHZ • SUPPLIES FOR THE RECONSTRUC- TION AND REPAIR TO POULTRY %XWRIWKDWGD\DQGKRXUQRRQHNQRZVQRWHYHQ HOUSES WKHDQJHOVRIKHDYHQEXW0\)DWKHURQO\%XWDV • SUPPLIES FOR THE WKHGD\VRI1RDKZHUHVRDOVRZLOOWKHFRPLQJRI RECONSTRUCTION AND REPAIR OF IRRIGATION SYSTEMS WKH6RQRI0DQEH)RUDVLQWKHGD\VEHIRUHWKH • NURSERY STOCK FOR THE RE- ÀRRG WKH\ ZHUH HDWLQJ DQG GULQNLQJ PDUU\LQJ ESTABLISHMENT OF FRUIT DQGJLYLQJLQPDUULDJHXQWLOWKHGD\WKDW1RDK ORCHARDS HQWHUHGWKHDUNDQGGLGQRWNQRZXQWLOWKHÀRRG • ITEMS REQUIRED FOR FENCING • GALVANISED SHEETING/OTHER FDPH DQG WRRN WKHP DOO DZD\ VR DOVR ZLOO WKH MATERIALS USED TO CONSTRUCT FRPLQJRIWKH6RQRI0DQEH7KHQWZRPHQZLOO FISHING HABITATS EHLQWKH¿HOGRQHZLOOEHWDNHQDQGWKHRWKHU • FISHING BOATS OHIW7ZRZRPHQZLOOEHJULQGLQJDWWKHPLOORQH • FISHING GEAR ZLOOEHWDNHQDQGWKHRWKHUOHIW:DWFKWKHUHIRUH • CARS/TRUCKS IRU \RX GR QRW NQRZ ZKDW KRXU \RXU /RUG LV • MOTORCYCLES FRPLQJ%XWNQRZWKLVWKDWLIWKHPDVWHURIWKH • GOLF CARTS KRXVH KDG NQRZQ ZKDW KRXU WKH WKLHI ZRXOG FRPH KHZRXOGKDYH ZDWFKHG DQGQRW DOORZHG KLVKRXVHWREHEURNHQLQWR7KHUHIRUH\RXDOVR EHUHDG\IRUWKH6RQRI0DQLVFRPLQJDWDQKRXU \RXGRQRWH[SHFW PAGE 6, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE LOCAL NEWS

TOURISM OFFICIALS with the restoration crew of The Abaco Club Ritz-Carlton on Tuesday.

TOUR OF ABACO AFTER IRENE TOURISM OFFICIALS GIVE ASSURANCES TO PROPERTY

OWNERSABACO – A team of AFTERicant beach erosion HURRICANE down October 20 as was sched- tourism officials toured to our beach. So we have a uled before Irene. areas of Abaco on Tues- lot of clean up to do.” “Fortunately, being day, finding that Hurri- Tourism officials, includ- closed, we were able to cane Irene affected resorts ing Tourism Director Gen- prevent a lot of further to varying degrees but eral David Johnson, damage from happening being assured by all prop- Bahamas Hotel Associa- by closing up the club pri- erty owners that they tion (BHA) President Stu- or to this particular hurri- would quickly recover art Bowe, BHA Executive cane,” Mr Parker said. from flood and wind dam- Vice President Frank “We closed on August 20. age. Comito and Bahamas Out The hurricane came Ronald Parker, general Islands Promotion Board through on August 26. So manager of the luxurious President Shavonne we had already had a lot Abaco Club Ritz-Carlton Darville, met several crews of plans in place to pre- in Cherokee Sound, said conducting landscaping vent further damage from his crews were hard at and other restoration work anything coming through work putting the property at the club. the months of scale back. back in order. Mr Parker pointed out It is an example of where “We are left with clean that damage to the prop- we minimised our losses up,” he said. “During the erty was minimised by being proactive.” hurricane, we got a lot of because the hurricane Properties such as debris damage from land- came at a time of year Green Turtle Club that scaping, from some struc- when the resort scales dealt with flooding during tural damage to some of back its operation. He the hurricane plan to our homes, to some of our believed his crews could reopen on October 21 – common areas, to some of repair damage quickly their usual winter reopen- our buildings, from signif- enough to reopen for ing.

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Aquaventure passes and lunch vouchers are available at the Discover Atlantis Desk in the Coral Towers. Proof of residency required for discounted rate. No reservations required, based on availability. For general inquiries call 363-6950. THE TRIBUNE THURSDAY, SEPTEMBER 1, 2011, PAGE 7 LOCAL NEWS DAVIS: BAHAMAS EXPERIENCING ‘FRIGHTENING LEVEL’ OF CRIME NEW statistics confirmed that the Bahamas is experi- Calls on govt to find encing a “frightening level” of serious crime, PLP deputy leader Philip Davis said. solutions to the pro b l e m He said the numbers, released on Monday and covering the first seven breaking 94 murders last Davis said. months of the year, show the y e a r . ” He said the murder rate FNM government is “impo- Mr Davis noted that rape rising in each of the first two tent as far as finding solu- was up by 26 per cent, from years of the administration tions to this troubling prob- 53 to 67 this year; attempted should have been a “red lem is concerned.” rape increased 11 per cent, flag” for Prime Minister Mr Davis said: “What the from 19 to 21; robberies Hubert Ingraham, indicating figures showed was that increased 19 per cent, from that a Cabinet reshuffle was crime overall increased by 175 to 208; armed robberies in order.s 16 per cent compared to the increased by 14 per cent, Mr Davis also criticised same period last year. from 459 to 522; attempted the performance of Mr “Indeed, there were sig- robberies jumped by 38 per Ingraham as Minister of “And although nificant increases in practi- cent, from 16 to 22; and Finance and Zhivargo Laing cally every area of serious housebreaking was up 12 per as Minister of State for the FNM govern- crime – murder, rape, c e n t . Finance – saying a strong ment collectively attempted rape, armed rob- “There was an astronomi- case could be made that bery, robbery, housebreak- cal 97 per cent increase in their failures have con- has failed to find ing, stealing, stealing from the category of stealing from tributed to the high crime solutions for the vehicles and stolen vehicles. vehicles, from 705 to 1386,” r a t e . “Murders were up by an he added. He said: “Unquestionably, country’s run- astonishing 57 per cent, from Mr Davis said the fact that there is a correlation 54 for the first seven months the murder rate has between high unemploy- away crime prob- of 2010 to 85 from January 1 increased each year during ment and crime. lem, clearly the to July 31, 2011. the more than four years “And despite recent “Of course, that figure has that the FNM has been in claims by the Department of buck stops, so to skyrocketed to 92 since then, office is “mind-boggling.” Statistics that the national and may very well have con- “And although the FNM unemployment rate dropped speak, with Min- tinued its upward spiral by government collectively has from 14.2 per cent to 13.7 ister of National the time this is printed, pos- failed to find solutions for per cent, the reality is that sibly surpassing the record- the country’s runaway crime unemployment in the Security Tommy problem, clearly the buck Bahamas is probably at its Turnquest.” stops, so to speak, with Min- highest level since the gov- COURT NEWS ister of National Security ernment started compiling – Phillip ‘Brave’ Davis FIVE MEN ARRAIGNED Tommy Turnquest,” Mr unemployment statistics.” ON CHARGE OF CAUSING GRIEVOUS HARM By DENISE MAYCOCK Tribune Freeport Reporter [email protected]

FREEPORT – Five men were arraigned in the Eight Mile Rock Magistrate’s Court in connection with an alter- cation at West End that resulted in a 43-year-old man being seriously injured. Appearing before Magis- trate Gwen Claude were West End residents Christopher Laing, 25; Gary Lewis, 25; Floyd Hamilton, 27; Garrick K Lewis, 38; and Leonard Anderson, 41. The men pleaded not guilty to the charge of causing griev- ous harm. The accused men were not represented by attorneys. They were each granted $15,000 bail with either one or two sureties. The matter was adjourned to December 8, 2011 for trial. PAGE 8, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE LOCAL NEWS A STATEMENT BY THE BAHAMAS NATIONAL TRUST NATIONAL PARKS AND HURRICANE IRENE THE Bahamas National them. Staff from the Levy Trust expressed concern for Preserve showed great com- Bahamians who suffered loss munity spirit by assisting the of property and personal community in Governor’s belongings in the islands Harbour with hurricane affected by Hurricane Irene clean-up. They provided assis- as it travelled the length of tance to the Haynes Library, the Bahamas chain, August cutting up and removing large 25 and 26. Casuarina trees that came The BNT is especially down in the storm. relieved that no life was lost in At the Exuma Cays Land this dangerous storm. and Sea Park, Andrew Kriz, According to Eric Carey, park administrator, reported BNT executive director, the little or no damage to build- storm affected almost all the ings at the headquarters. All national parks, with the park vessels survived the exception of the Andros storm, but unfortunately the national parks which were fuel dock for the park was unaffected. badly damaged. Despite this, the parks suf- Inagua experienced tropi- fered minimal damage from cal storm force winds of 40 Hurricane Irene. mph with gusts of up to 60 In New Providence, The m p h . Retreat, headquarters of the According to Glenn Ban- BNT, suffered downed trees nister, past president of the and palms but there was no BNT, pond management per- damage to buildings and phys- sonnel checked the entire salt ical structures. evaporator network and did “Several fairly large trees not see one dead bird. have unfortunately been lost,” Warden Henry Nixon also reported Lynn Gape, deputy reported that the storm executive director, however seemed not to have affected all of the rare palms withstood the Inagua’s birdlife adversely. the storm and the palms that In Abaco, warden David came down are salvageable.” Knowles is co-ordinating with TREE DOWN: Levy Preserve staff Caroline Stahala, parrot biol- help Governor's Harbour com- Trails ogist who is just finishing up munity by clearing downed her field season on Abaco, a Casuarina. Trails at The Retreat will rapid assessment of the Aba- remain closed until the Trust co National Park and the impact of the storm on the has completed clean-up and immediate impact on the Abaco Parrot population. restoration of the downed Bahama Parrots. In Grand Bahama, staff at trees and palms. Ms Stahala is being assisted the Lucayan National Park Boardwalks and viewing by deputy park warden Mar- and Rand Nature Centre platforms at Bonefish Pond cus Davis. reported that all was well at and Harrold and Wilson Ms Stahala’s initial report their locations. Ponds national parks escaped indicates that she is fairly con- There was no structural damage and the Primeval fident the population survived damage to any of the build- Forest National Park suffered the storm with minimum mor- ings, gazebos and board- minimal impact from the tality. w a l k s . storm. She was actively monitor- There were some downed In the Leon Levy Preserve ing several nests prior to the trees at both locations but in Eleuthera newly planted passage of Irene and visited staff are already hard at work trees came down with lots of the nests after the storm and cleaning up and these loca- limbs and trees down on the found that the fledglings were tions will not have to be paths. still alive and getting ready to closed to the visiting public. Almost all of the newly leave the nest. “The BNT feels very for- planted downed trees have Ms Stahala will be prepar- tunate to have weathered the been re-erected and replanted ing a comprehensive assess- storm with minimal damage,” as preserve staff worked ment to provide a better said Neil McKinney, BNT through the weekend to save understanding of the overall p r e s i d e n t . CLEANING UP: BNT volunteers pitch in to clear up The Retreat.

THE TRIBUNE THURSDAY, SEPTEMBER 1, 2011, PAGE 9 LOCAL NEWS DISSERTATION ON SCHOOL CRIME AND VIOLENCE SWOLLENKILLINGTON, Vt. RIVERS BEGIN FALLINGOf the ACROSS11 towns that hadNORTHEAST been severed from Associated Press the outside world, the final one to be reached by rescuers was tiny Wardsboro, a village of 850 SWOLLEN RIVERS began falling Wednes- residents in the Green Mountains. The com- BAHAMAS POLICE SERGEANT EARNS day in much of the Northeast, allowing relief munity is little more than a post office and crews to reach the last of the tiny Vermont some houses standing along Route 100, a high- towns that had been entirely cut off from help way popular in the fall with tourists searching by Hurricane Irene's fast-moving floodwaters. out autumn colors. DOCTORAFTER years OFof EDUCATION DEGREE The receding water eased the flooding that Gov. Peter Shumlin said the previously iso- intense study and the had paralyzed parts of the region and revealed lated communities all have vehicle access now, completion of a disserta- more damage to homes, farms and businesses though some require four-wheel drive to get tion, Sergeant 2666 across the flood-scarred landscape. Repair esti- there. The National Guard continued to ferry mates indicated that the storm would almost supplies to mountain towns that had no elec- Chaswell Hanna of the certainly rank among the nation's costliest nat- tricity, no telephone service and limited trans- Royal Bahamas Police ural disasters, despite packing a lighter punch portation in or out. Helicopters arrived with Force has earned a Doc- than initially feared. food, blankets, tarps and drinking water. tor of Education degree from Nova Southeastern University. He majored in organi- sational leadership with a minor in conflict resolu- tion, and finished the pro- gramme with a 4.0 GPA. Dr Hanna’s dissertation focused on the subject of school crime and violence. He also holds a masters degree in criminal justice from the university of South Carolina; a bache- lor of science degree in criminal justice and mili- tary science from North- ern Michigan University; and an associate of arts degree in law and crimi- nal justice from the Col- lege of the Bahamas. The instructional con- tent of Dr Hanna’s doc- torate was designed to cultivate the leadership skills needed in progres- sive organisations. These include: strategic planning, informed deci- sion making, policy draft- ing, creativity and inno- vation. DEGREE: Sergeant 2666 Chaswell Hanna Dr Hanna said the minor in conflict resolu- ing will help him find He has now embarked tion has built his capacity workable and effective on several new research in problem solving, medi- alternatives. projects, on topics such as ation and negotiation, as Dr Hanna is the author school-based policing, well as his ability to help of two studies that were police use of force, and feuding parties resolve inspired by his experi- improving detection/con- conflicts. ences as a homicide detec- viction rates. A key part of his course tive with the Central He is currently posted focused on the ability to Detective Unit (CDU). at the Strategic Policy and evaluate programmes and The most recent one, Planning Branch of the initiatives to determine released earlier this year, RBPF. whether they are working. was entitled: “Reducing Dr Hanna said he looks When programmes are Murders in the Bahamas: forward to putting his new not achieving their goals, A Strategic Plan Based on skills to use in the fight Dr Hanna said, his train- Empirical Research.” against crime. www.rdicaribbean.com UK distance learning IT’S TIME TO MAKE from RDI Caribbean YOUR DREAMS The Mercedes-Benz C-Class YOUR REALITY Your most enjoyable drive ever.

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PAGE 10, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE LOCAL NEWS Hurricane charity aircraft detained FROM page one on the other hand, claimed NEMA Adler. officials turned down their offer of sup- “We offered, but the government and ex-special forces members, which port, and were “rude” when inquiries confirmed they do not want to have a provided personnel support and sup- were made about why their helicopter working relationship with us. That is a plied the aircraft. was detained in Cat Island. shame. To take food off our aircraft Captain Stephen Russell, director of “We offered to work with NEMA and put it in a warehouse, that is ridicu- the National Emergency Management but they said they would get back to us. lous. That is not normal in anywhere in Agency (NEMA), said the coordinat- Apparently NEMA doesn't need heli- the western world,” he said. ing agency has had “no dealings” with copters. We offered them for free. We All of HOPE’s helicopters have been HOPE. did not ask for any money, but they redeployed to the United States to According to Capt Russell, no one turned us down,” said Darren Adler, assist in the relief efforts there, accord- from the HOPE Foundation contacted director of the foundation. ing to Mr Adler. He said the last time NEMA to coordinate their efforts, but Mr Adler further accused NEMA of the organisation had food forcibly tak- he had heard of them, and was aware “stealing” humanitarian aid from one en off one of its aircraft was “in police detained one of their aircraft. of its helicopters, saying that as a result, Ethiopia at gun point, many, many He encouraged the organisation to it has pulled its workers and supplies years ago.” contact NEMA. out of the country. Mr Adler claimed “They returned it after our aircraft “Anyone who is doing relief opera- the supplies were “forcibly” removed left the country. That is when they tions in the Bahamas, and as far as we by defence force officers working for decided to return it and said ‘oops, we are concerned, anyone who has a NEMA without explanation. think it was a mistake’,” said Mr Adler. desire to do so, should contact NEMA “When a government organisation The HOPE Foundation has operat- and coordinate their efforts,” said Capt steals your food and water, and when ed in the Bahamas for several years. It Russell. you call to inquire they slam the phone formerly operated out of the private He said NEMA conducts a back- down on you, you have to say to your- airport Odyssey Aviation Bahamas. ground check on organisations it works self, I think this is not a good idea. Tribune sources claim Odyssey has with to ensure they do not have “some “This is not an environment that is not been affiliated with the company ulterior motives.” conducive to give, so we are not able to for “about three years,” and the two Officials at the HOPE Foundation, work with the government,” said Mr did not part “on good terms.” Cell phone service issues continue one week after Hurricane Irene FROM page one cane relief efforts and close prepaid customers on those to $2 million in phone service islands will have $30 credit giveaways to customers. added to their phone and 100 when commercial power goes While it has not been con- minutes to post-paid users to down, land lines and cellular firmed where the money will be utilised between the first sites use battery power. How- be distributed, Mr Johnson and the eighth of this month ever if the commercial power said key stakeholders, mem- with free inter-island calls is down long enough the bat- bers of the civil community from land lines until the 15th. teries will lose power. and the government will be Mr Johnson said: BTC “The longer the commer- consulted to determine where hopes it will provide “some cial power is down the more the money will be best relief to those hit hardest – the cellular sites will go off- utilised. we recognise they are going line,” said Mr Johnson. “We are pleased to be to be doing a lot of calling as While there are no restora- among what we hope will be they try to coordinate their tion timelines, Mr Johnson several commercial entities own relief efforts.” said by the end of the week that will step up and con- While not all islands were BTC hopes to have most of tribute,” said Mr Johnson. as heavily affected, Mr John- these problems solved and The giveaways will mostly son said BTC understands the services restored to the major- target the seven family islands entire country felt the effects ity of customers. hit hardest by Irene, said Mr of Hurricane Irene. As a During a press conference Johnson, including Acklins, result, five dollars in credit yesterday, Mr Johnson Crooked Island, Mayaguana, will be given to all pre-paid announced that the telecom- Cat Island, Long Island, Aba- customers and all post-paid munications company will be co and Eleuthera. customers were to receive 100 BTC SPOKESMAN donating $250,000 to hurri- Marlon Johnson According to Mr Johnson, free minutes.

INTERNATIONAL NEWS TESTS TURN UP NOTHING AT ILLINOIS AIR

MASCOUTAH,FORCE BASE Ill. Associated Press

ENVIRONMENTAL tests at an Air Force base in south- ern Illinois failed to pinpoint what caused three people to fall sick while handling mail Wednesday, the Air Force said. Two workers for the U.S. Postal Service and an Air Force serviceman at Scott Air Force Base developed respira- tory or skin reactions around 9 a.m. in reaction to something in the mail room, according to base commander Col. Michael Hornitschek. The incident led to the evacuation of parts of the facility. The Air Force issued a news release Wednesday night say- ing that environmental tests turned up "nothing of signifi- cance" at the mail center. Base spokeswoman Karen Petitt told The Associated Press that it's possible whatev- er sickened the three people had dissipated by the time tests were conducted. U.S. Postal Service inspec- tors are continuing to investi- gate the cause of the adverse reactions and the mail facility will remain closed Thursday, the Air Force said. "Our personnel are safe and the buildings in which they work have been declared safe and we will proceed with nor- mal business tomorrow," Hor- nitschek said in a statement. Hornitschek told reporters earlier that he didn't believe there was ever any threat to the local community and that it's possible the package could have been a "very benign shipment someone had sent (and that) something had spilled or broke." However, he stopped short of assuring that it wasn't a deliberate act.

THE TRIBUNE THURSDAY, SEPTEMBER 1, 2011, PAGE 11 LOCAL NEWS MOTHER-OF-FIVE’S DEATH PROMPTS DENGUE FEVER CONCERNS FROM page one be self-limiting, meaning the disease account for 50 per cent of patients. MP ACCUSES PM OF resolves itself, on an average of four to Mr Mycklewhite said: “It had nothing me to come to her. five days. to do with the hurricane, I guess it’s just “I went in and she asked me to help her However, health officials have indicat- slowing down. (In the past) we would have to the bathroom, it was as if she was just ed that young children, infants under one an everyday pressure, yesterday was heavy ‘CORRUPT PRACTICES’ waiting on me so she could leave. As we year, patients with heart disease and the but today slow. So far it’s not a constant FROM page one were walking through the (bathroom) elderly are the most at risk of dying from pressure.” door, the next thing I knew she was in my the disease. Since the outbreak, the clinic has being the first marine park started in the world. arms.” “The one thing I would say to the pub- referred seven people to hospital. Mrs Smith’s death has taken an enor- lic is, once you see something unusual, Two-fifths of the world’s population In 2010, Environment Minister Earl Deveaux, mous toll on her family, which include five sometimes you take things for granted,” he are at risk of contracting dengue fever, offered to resign after the story broke that he had children, whose ages range from seven to said. “Had I known about her problem in according to the World Health Organisa- accepted free transportation from Nassau to Abaco in 24. Mrs Smith was the third of 11 chil- the past, I would have taken everything tion, which noted that the global incidence a luxury helicopter owned by the Aga Khan, to attend dren. According to family members, the serious from then.” of the disease has grown dramatically in a film screening with his wife and two friends before news was especially devastating to Mrs Preliminary figures have shown a slight recent decades. Officials maintain the most going on to Bell Island the following day to conduct a Smith’s 73-year-old mother, who lives on decrease in the number of cases, according important element in the fight against the land assessment. hurricane-hit Crooked Island. to health officials. However, the number of disease-carrying aedes aegypti mosquito is It was also alleged that the Bahamas National Trust Mr Smith explained how his wife’s sud- persons arriving at hospitals and clinics to remove standing water, which serves accepted a $1 million donation from the Aga Khan in den death also led to the discovery of a pri- was said to be influenced by hurricane as a breeding site. 2009. or medical condition, which she had kept activities. Updated reports from public The destruction of breeding grounds Knowing all this, Mr Gray said, the Prime Minister secret. and private facilities have not been made ultimately disrupts the reproduction cycle should not have accepted a ride with Aga Khan, espe- “I just found out that she had recently available. of the mosquito, which does not travel cially since there was another plane, with empty seats, suffered a minor heart attack about a A decrease was also noted at the Walk- more than 100 metres from its breeding travelling to Abaco the same day. month or so ago. Her sister came forward In Clinic, according to operations manag- ground. Persons experiencing dengue “It is a total conflict of interest,” Mr Gray claimed. In and told me about it after she died, I guess er Dionisio Mycklewhite, who said traffic fever-like symptoms are asked to call the his opinion it was “corruption at its best.” she didn’t want me to worry,” said Mr at Sandyport and Carmichael Road loca- hotline at 359-2929 to speak with a health- According to Mr Gray it “gives people the impres- Smith. tions had slowed. At the Collins Avenue care professional before visiting the sion that he is able to be bought and is in the pocket of Most cases of dengue fever are said to location, doctors claim dengue fever cases Princess Margaret Hospital. private investors. By taking that ride, he is telling the public ‘I don’t care what you think, I am going to do whatever I want to do.’ There was another plane the INTERNATIONAL NEWS Prime Minster could’ve gone on to Abaco, why he chose to go on the helicopter, I will never know. It brings to question the ethics of Mr Ingraham.” The 2007 manifesto for the Free National Movement WASHINGTONUS COUNTERTERROR CHIEF: AL-QAIDA ON ‘STEADYnan says the U.S. SLIDE’ has since per- (FNM) states government ministers must be held to the Associated Press suaded the Yemenis to send highest standards of constitutional and personal con- enough forces their way to free duct. WHITE HOUSE countert- them. One of the rules it states is that ministers, "must errorism chief John Brennan Brennan said he has urged avoid accepting any gifts or hospitality, which might said al-Qaida is "on a steady the country's vice president to slide" after the death of al- send more troops into the fight. appear to compromise their judgment or place them Qaida's latest second-in-com- "This political tumult is ... under improper obligation." mand in Pakistan. leading them to be focused on Under the principles of ministerial conduct they are Brennan told The Associated their positioning for internal also bound to ensure, "no conflict arises or appears to Press on Wednesday that it was political purposes as opposed arise, between their public duties and their private a "huge blow" in the first offi- to doing all they can against interests." cial White House comment AQAP," he said. To Mr Gray this was an obvious conflict by the since Atiyah Abd al-Rahman's Saleh, the president, still is Prime Minister. He made his comments as a guest on reported killing by CIA drone WHITE HOUSE counterterrorism chief John Brennan. (AP) recovering in Saudi Arabia from “The Morning Boil.” strike in Pakistan's tribal areas an assassination attempt, some last week. 70 percent of his body burned The MICAL MP also gave an estimate of how much there. They don't stay in place The unrest has forced the it would cost to repair the homes in his constituency. "Al-Qaida is sort of on the long enough," Brennan said. U.S. to draw down the hundred- and a lung pierced. ropes and taking a lot of shots Al-Rahman had barely plus military and intelligence While Brennan says Saudi “In Acklins alone it’s in the area of $2.5 million. to the body and the head," assumed a leadership position personnel it had working with Arabia would allow Saleh to There are 17 homes that were flattened, 42 that are Brennan said. since bin Laden's death pushed Yemeni counterterrorism return, he repeated the White severely damaged and 87 homes that are damaged. "This is a time not to step his deputy, Ayman al-Zawahri, forces. Those Yemeni forces, House's earlier calls for Saleh to Inagua faired pretty well during the storm, the damage back and let them recover," a into the top spot. Brennan led by Yemeni President Ali stay away and let new elections there is around three to four thousand. In Mayaguana, message he says he is sending to described Al-Rahman as a Abdullah Saleh's sons, have take place. it’s going to be about $200 thousand. Crooked Island his counterparts in Pakistan. "workaholic" and an "opera- been reluctant to leave the cap- "I've told him that I do not was not that impacted and Long Island needs about Islamabad's objections to tional mastermind" who main- ital unguarded, even when a believe it's in his interests, $60,000 worth of repairs.” drone strikes have become Yemen's interests or our inter- tained the connections between brigade of conventional Yemeni Mr Gray said he has started his plea for donations more strident since the U.S. raid al-Qaida's nodes from Yemen troops became trapped by al- ests ... to go back to Yemen," that killed Osama bin Laden in to Europe. Qaida in the Abyan region. Brennan said. from lumber yards for assistance in rebuilding homes. May. "Taking him out of commis- U.S. forces had to airdrop He called Yemen a "tinder- He says the people in Acklins, while they need food Despite that friction, Bren- sion is huge," Brennan said. food and water aid to the box" that could spark into a civ- and water, would prefer to have their homes rebuilt so nan said the relationship with "There's not another bin Laden embattled unit, which was il war that al-Qaida would take they can start to rebuild their lives. Pakistan is improving. out there. I don't know if there's threatening to surrender. Bren- advantage of. In a wide-ranging interview, another Atiyah Abd al-Rahman Brennan credited aggressive out there." U.S. action against militants Brennan said the key to from Pakistan to Yemen as the keeping another Al-Rahman main reason U.S. intelligence from rising is to keep constant has detected no active terror pressure on all locations where plots before the 10th anniver- al-Qaida operates, working sary of the Sept. 11, 2001 through host countries to tar- attacks. get a network of operatives that He described the counterter- "are flowing sometimes back ror relationship with Pakistan, and forth" from Pakistan, Yemen and Iraq as models of Afghanistan, Iraq, Yemen and how the U.S. will fight al-Qaida Somalia as well as parts of the in the future, in which the lion's African Sahel. share of the hunting and fight- He admitted that efforts to ing is done by the host nation. keep pressure applied across He said the U.S. was looking that network hit a "speed ahead to crafting a similar mod- bump" when the "Arab Spring" el in Afghanistan as U.S. troops swept U.S.-friendly govern- draw down there, whereas in ments, and counterterrorism Iraq and Yemen, U.S. intelli- personnel, out of office. gence and special operations He said in Egypt, however, forces work with their counter- U.S. contacts have been able to parts, providing training, equip- recover quickly following long- ment and sharing intelligence time President Hosni to track terror targets and keep Mubarak's ouster this year. The them under pressure. counterterrorism relationship "If they're worrying about with Tunisia, where the Arab their security ... they're going Spring movement began, also to have less time to plot and remains strong, he said. plan," Brennan said of the mil- It is more of a struggle in itants. "They're going to be con- Yemen, however, where Bren- stantly looking over their shoul- nan said the continued uprising der or up in the air or wherever, of Yemeni rebel tribes had and it really has disrupted their slowed the fight against operational cadence and ability arguably the most dangerous to carry out attacks." bin Laden affiliate, Al-Qaida in He pointed to the killing of the Arabian Peninsula. Al-Rahman as an example of AQAP, as the affiliate is how U.S. pressure is degrading known, has grabbed large the network. swaths of territory in the south, "There's no longer a man- even trapping conventional agement grooming program Yemeni troops.

THE TRIBUNE • SECTION B • [email protected] THURSDAY, SEPTEMBER 1, 2011 GOVERNMENT COULD RECOUP IMF:By NEIL HARTNELL 5% DEBT SLASH FROM SPENDINGon the Government’s CUT fixed 50 PER CENT Tribune Business Editor * Bahamas urged to adopt ‘public debt targeting’ framework costs - wages and rents - by a sum ranging from $140-$240 OF IRENE COSTS A REDUCTION in the that reduces recurrent spending 2-3% million. This is based on 1 per * Arawak Homes chair Government’s recurrent cent of Bahamian GDP being says impact ‘not expenditure by 2-3 per cent * Research paper says nation’s debt-to-GDP will hit 79% worth between $70-$80 mil- significant’ for during the 2011-2012 Budget by 2015 if no action taken lion. Treasury, if $90m year would have set this The IMF researchers also nation firmly on the path to estimated the Bahamas recur- and $37m damages reduce its debt-to-gross * But would stabilise at 60% if consolidation plan used rent deficit, as a percentage estimates hold true domestic product (GDP) ratio of GDP, as standing at 3.9 per * Says storm likely to by five percentage points over nations to adopt a fiscal required in the 2011 Budget expenditure roles - would be cent in 2010, and the total the next four years, an Inter- framework that attempted to to keep the debt-to-GDP enough to maintain debt-to- national debt-to-GDP ration create ‘economic national Monetary Fund “smooth” recurrent spending ratio below the thresholds GDP in 2015 below the level as being 65 per cent. stimulus’ (IMF) research paper has over the business cycle, and shown. predicted for 2010 in 70 per In the absence of any action revealed. set a band range within which “For the Bahamas, a pri- cent of the simulated cases,” by the Government, they By NEIL HARTNELL The paper, by Alejandro the debt-to-GDP ratio would mary expenditure consolida- the IMF paper said. forecast that the Bahamas’ Guerson and Giovanni Meli- Tribune Business remain. tion of around two to three A 2-3 per cent consolida- debt-to-GDP ratio would con- na, entitled ‘Public Debt Tar- tinue climbing over the next Editor Setting a five-year time percentage points of GDP in tion in recurrent spending geting: An application to the period, the IMF researchers 2011 - together with acyclical would be a tall order to four years, expanding by a Caribbean’, urged the examined the amount of or moderately procyclical or achieve, since this would THE Government Bahamas and other regional SEE page 9B could recoup around 50 recurrent spending reduction countercyclical primary involve cutting expenditure per cent of Hurricane Irene-related repair costs if estimates of $90 million MARKET MAKERS ‘A DREAM, NOT REALITY’ ‘MAJOR NEED’ FOR CONSUMER LOAN INTERVENTION By NEIL HARTNELL * Top businessman warns in insured losses and oth- * RoyalFidelity chief says ‘not enough profit’ to incentivise Tribune Business Editor er factors hold true, a Bahamians borrowing leading businessman yes- firms to take up columnist’s suggestion A LEADING businessman themselves into ‘virtual slavery’ terday saying the Cate- * Sees deepening capital markets, and increasing number yesterday said there was “a gory Three storm could * Warns that ‘middle class of investor participants, as way to solve liquidity woes major, major need” for policy- prove “an economic stim- shrinking’, due to real income maker intervention to counter ulus”. By NEIL HARTNELL falls and family break-ups ket is “a dream more than a the level of consumer borrow- While acknowledging Tribune Business Editor reality”, RoyalFidelity Mer- ing, warning that Bahamians that Irene’s after-effects growing numbers of Bahamians chant Bank & Trust’s presi- were increasingly putting them- were “a bit of a mixed were turning to debt financing, GETTING broker/deal- dent has told Tribune Busi- selves “into virtual slavery”. bag” from an economic chiefly consumer loans, to ers or the Government to ness, as there is “no profit Franklyn Wilson, chairman of perspective, Arawak “maintain their lifestyle” and act as ‘market makers’ for in it”. the Sunshine Group of Compa- Homes chairman initial public offerings (IPO) nies and Arawak Homes, said SEE page 4B Franklyn Wilson said that they have brought to mar- SEE page 7B MICHAEL ANDERSON with between $0.20-$0.25 of every $1 spent making its way back to the Public Treasury, the $90 million in estimated insurance claims inflows could gen- erate $18-$20 million in revenues for the Govern- ment. If the Government’s $37 million in Irene costs, as estimated by the Caribbean Catastrophe Risk Insurance Facility, held true, Mr Wilson said the Ingraham adminis- MINISTER VINCENT tration would effectively VANDERPOOL-WALLACE recoup between 48.6 per cent and 54 per cent of its storm-related outlay. “As chairman of Roy- JUST 14% OF alStar Assurance we have a great amount of respect LOCAL HOTELS for our colleagues at Bahamas First, and if HAVE ABILITY they’re quoting $90 mil- lion in total insured loss- es, we believe what FOR E-BOOKING they’re saying,” Mr Wil- Minister says 240 or son said, in relation to the Bahamas’ 280 licensed SEE page 4B hotels operating in ‘inferior’ way

By NATARIO McKENZIE Tribune Business Reporter [email protected]

JUST 14 PER CENT of the Bahamas’ 280 licensed $5.5568 hotels have the ability to accept electronic room $4. bookings “any day of$ the week”, the Minister of Tourism and Aviation yes- $5.4351 terday saying that the lack of electronic infrastructure $4. had limited tourist access to most small and medium- $5.3869 sized hotels. Vincent Vanderpool-Wal- $4. lace, who was speaking at The information contained is from a third the opening of the first party and The Tribune can not be held responsible for errors and/or omission from the daily report. SEE page 7B

PAGE 2B, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE BUSINESS BASE COMPUTER CHOICE

ONBy DEIDRE M. BASTIAN ‘HORSESif the marketing is to be drives andFOR graphics cards. chasedCOURSES’ through Apple. to do this on a Mac, you need believed, one is a hip, ‘sports Microsoft may be the company to drag the icon to the trash HAVE you ever been stuck coat and sneakers’ ≠wearing everyone loves to hate, and * Yep, Macs crash just like can. It makes a cool effect but with the task of deciding type of guy who uses his com- many feel Mac computers are PCs it is so annoying. whether to buy a MAC or a puter for video chatting, music, better - not just because they So... which of the athletes ART OF PC? Is it as difficult as choos- creative pursuits and other are very sleek and clean - but PERSONAL COMPUTER are the best? It all comes down ing a lobster over a grouper? cool things. Furthermore, Win- people usually dive into what- (PROS): to personal preference. I'm Well, the PC versus Mac dows PC enthusiasts probably ever seems more popular and sure that's not what you want- RAPHIX debate has been dragging on think the Mac guy is a smug fashionable without any sort *A PC can be built from the ed to hear, but both systems G for some time among graphic slacker with an overpriced toy of reasoning or logic. ground up, giving users the have great benefits. Some peo- DEIDRE BASTIAN and web designers, with many that cannot do any serious The underlying Mac and PC ability to customise them. PCs ple think Mac is better, while threatening to switch from computing. operating systems have dis- are cheaper. some think PCs are better. It's software, coupled with the low- Windows to Mac. Why? Per- Really? Funny thing is, this tinctly different flavours. We all an opinion. However, I will er risk of infection. People who haps it is because a Mac seems stereotype is wrong. With a 10 know Macs are meant to be * You can achieve the same give you my opinion. might be happier with a PC are easy to use and has that ‘Wow’ per cent market share, Macs simple enough for even the processor amount of RAM I like PC (Windows) best. those who require a budget factor? Not exactly, but if we are no longer just the comput- Attention Deficit Disorder and hard drive capacity much I've always been using it, and I system, see the computer as a are in search of the truth we er choice of artists and unem- clan, but in terms of function- more cheaply with a PC. More- am just in love with Windows. source of interest in and of can look at this question from ployed writers. 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Granted, it is not user to choose the best system two types of users in the com- platforms are remarkably sim- tems below: Mini, iMac, and Mac Pro etc. actually the OS itself, just the for the job. In other words, puter world, Mac and PC. And ilar, as they buy memory, hard way the application works. purchase what works for you MACINTOSH (PROS) * PCs have better software And where is my right-click? but be mindful that it is not compatibility, meaning you can Why can’t Apple provide me the brand or product name * Macs offer the ability to find almost any program for with a mouse that has a right- that dictates the outcome of ,QFRUSRUDWHGXQGHUWKH,QWHUQDWLRQDO run OSX and Windows. Both Windows. PCs generally have click by default? the final product. It is the inge- work great with other Apple better backwards compatibili- %XVLQHVV&RPSDQLHV$FW If you just want to get down nuity, resourcefulness and cre- products such as the iPhone, ty. You can run Windows 7 on to business, avoiding frustrat- ativity of the designer that res- RIWKH&RPPRQZHDOWKRI7KH%DKDPDV iPod Classic, iPod Nano, iPod a five year-old PC, but you ing crashes and other annoy- onates every time. Ask your- 5HJLVWUDWLRQ1XPEHU% Touch, iPod Shuffle, etc. cannot run Snow Leopard on a ing things that PCs do, then a self: If you were a computer, Power Mac G5. PCs are bet- Mac is the way to go. It's like a which would you be - a Mac * Macs are easy to use once ter for gaming, and have more car; it is not necessary to know or a PC? 1RWLFHLVKHUHE\JLYHQWKDWWKHDERYHQDPHV you know how to use them. compatible accessories than how it runs, you just need it to Until we meet again, have Macs. PCs are more upgrad- work and work efficiently? fun, enjoy your life and stay &RPSDQ\KDVUHVFLQGHGLWVLQWHQWLRQWRZLQG * Macs are less prone to able, and can be just as easy Although there are many small on top of your game. computer viruses, although to use as a Mac. issues, I find they are all very XS DQG GLVVROYHG 9,1&+(1 /,0,7(' DQG they can get still catch them. restrictive, time consuming and D UHVROXWLRQ RI WKH 'LUHFWRUV ZDV ¿OHG ZLWK It would be wise to install an PERSONAL COMPUTER unnecessary. Admittedly, you NB: The Columnist wel- WKH RI¿FH RI WKH 5HJLVWUDU *HQHUDO RQ QG anti-virus software. (CONS): feel like you've been punished comes feedback at * Spyware, viruses and for being a PC user when the [email protected] 6HSWHPEHU * Lots of great built-in pro- adware galore. Not as "nice" Mac whispers to you: ‘Do it Ms Bastian is an extensively grams, such as iMovie looking as Macs. Ensure your my way or it's the highway’. trained and qualified graphic air bags are always packed, as Whereas a PC says: “Just tell designer, attaining MSc., BSc., 'DWHGWKLVQGGD\RI6HSWHPEHU MACINTOSH (CONS): PCs crash all the time. me want you want and I'll do ASc qualifications. She has it.” trained at institutions such as * The price. Macs come with Personally, I feel Apple has In light of this, it is easy to Miami Lakes Technical Cen- a big price tag. a very visual OS, while Win- see that people whose key tre, Success Training College, 'DYLG*HRUJH-HQQHU dows is more intuitive and log- need is to be productive - and College of the Bahamas, Nova * There are few games for ical. For example, when you perceive the computer as a Southeastern University, /LTXLGDWRU the Mac. want to delete desktop short- means to an end - will proba- Learning Tree International, cuts, you can just hit the delete bly be happiest with a Mac Langevine International and * Parts can only be pur- key. Accordingly, if you wish because of its quality default Synergy Bahamas.

THE TRIBUNE THURSDAY, SEPTEMBER 1, 2011, PAGE 3B BUSINESS

ByHOTELNEIL HARTNELL CLOSURES ‘BITTERSWEET’ Tribune Business Editor * Minister acknowledges loss, but says medium-term benefits from THE MINISTER OF TOURISM and Aviation yes- maintaining guest experience terday described the Hurricane Irene-related closures of and Bahamas’ reputation Bahamian hotels as “kind of bit- tersweet”, for while revenues * To ‘address’ straw vendors woes and visitor count will be lost, their reputation for a high-qual- on Coco Cay ity visitor experience will be vide the best guest experience”. “I don’t know the details of it, maintained. While there was “no ques- but I will certainly examine it,” Explaining that the likes of tion” that Hurricane Irene had Mr Vanderpool-Wallace said. Sandals Royal Bahamian and cost the Bahamas tourism busi- “We certainly will address that. SuperClubs Breezes did not ness, Mr Vanderpool-Wallace I know we have some meetings want to compromise the guest added: “The good news is that coming up with the cruise lines, experience that high-end visi- like with 9/11 it happened in a including Royal Caribbean, so tors had spent hundreds of dol- month when many of those we will address that.” lars for, Vincent Vanderpool- [Family Island] properties were One expert on the cruise Wallace said that “the last thing closed for renovations anyway, industry, who requested we want is the reputation the so the loss of business was min- anonymity, expressed doubts Bahamas has in terms of a qual- imal because they were not yesterday over the Governmen- ity experience” to be under- operating in any event.” t’s ability to address the Coco mined. Now, with hurricane-related Cay situation. They said the “It’s unfortunate that they’re repairs thrown in, many development was merely one closing, because we want to Bahamas-based resorts were more step in the cruise lines’ have the visitor count and rev- doing more extensive renova- plans to ultimately control all enues, but in the medium-term tions than planned, something the tours, excursions, attractions it maintains their reputation, the minister believes will leave and retail amenities on their pri- and that of the Bahamas, for them in a far better position vate islands, keeping all the rev- having a quality product,” Mr going forward. enues for themselves. Vanderpool-Wallace told Tri- Mr Vanderpool-Wallace said “The implications are very bune Business. a tour of Cat Island resorts had simple,” the source said. There have been some sug- revealed they were generally “in “Look at what we’ve lost in gestions that Irene is being used much better shape” than the the last six-seven years in the to enable some resorts to close, Ministry of Tourism had been sector. and eliminate losses they would led to believe, with a similar sit- “We’ve lost 400-500 jobs, and otherwise incur during the slow- uation on Harbour Island. the straw vendors are the last est period of the tourism sea- Meanwhile, the minister also front line in the tourism busi- son, namely the September promised to address the com- ness. When you get to them, you period. Yet there is no hard evi- plaints of straw vendors on Roy- know the rest have been oblit- dence to support this. al Caribbean Cruise Lines’ pri- erated. The minister, though, added vate island in the Berry Islands, “They’ve [the cruise lines] got that during a tour of the Family Coco Cay. The vendors fear a all they wanted, so they can Islands to assess Hurricane loss of up to 75 per cent in rev- keep all the money themselves. Irene-related damage, in “every enues as a result of the cruise They’re achieving their ultimate place” hotel owners, operators line opening up its own store on goal of controlling their own and their staff were working “to Coco Cay to sell Royal destinations, and are doing it at get their properties back into Caribbean-branded merchan- the Bahamian people’s the best possible shape and pro- dise. expense.”

ATLANTIS, The Palm Resort in Dubai pictured at its opening. KERZNER IN TALKS

TOReports SELL deal DUBAI to raise STAKEcash for settlement with debt holders KERZNER INTERNA- It said Kerzner Interna- TIONAL, owner of Paradise tional was in talks to sell the Island’s Atlantis and One & stake in the Atlantis, The Only Ocean Club, was yes- Palm to Istithmar World, its terday reported to be explor- partner, which is owned by ing the sale of its 50 per cent the Dubai' government. stake in its Atlantis, The Palm Atlantis executives had Resort in Dubai to raise cash repeatedly insisted that the and reach a settlement with talks with the debt holders are holders of its $3.2 billion debt. having no impact on the Par- The Wall Street Journal adise Island operations, and reported that Kerzner Inter- will be resolved without any national was looking to raise impact for the company going money to restructure a $2.6 forward. A rollover of the billion mortgage debt, secured debt coming due, or some on its Bahamian properties, other form of negotiated set- which coming due next week tlement, is the most likely out- on September 9. come.

PAGE 4B, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE BUSINESS FROM page one

avoid falling out of the mid- dle class. :( Describing this segment of Bahamian society as “shrinking”, Mr Wilson told ‘MAJOR NEED’ Tribune Business this being +$9( caused by both shrinking real incomes, as wages failed to keep pace with inflation, 029(' and increasing instability in the home as families split FOR CONSUMER 7KH /DZRI¿FHVRI apart under economic pres- sures stemming from the 0HVVUV-RKQVRQ+DVVDQ &R recession. KDVUHORFDWHGWR “The need to rapidly change the pattern of con- sumer borrowing in this shopping season was likely increasing toll. sures are seriously under- LOANto further stimulate con- INTERVENTION“The problem is their real mining family stability, with 6KLUOH\3DUN$YHQXH country is enormous,” Mr sumer loan demand. income is shrinking for two all the social implications. RII6KLUOH\6WUHHW Wilson told Tribune Busi- ness yesterday. “There’s a Pointing to his Sunshine reasons,” the Arawak People in marriage coun- 1DVVDX137KH%DKDPDV major, major need for poli- Finance arm, which was Homes chairman told Tri- selling tell me money prob- cymaker intervention. We established to help Bahami- bune Business. “For those lems have replaced adultery cannot continue this. It’s ans sort out their financial who have jobs, wages are as the main reason for sep- &RUQHURQOHIWDIWHU putting people into virtual affairs and pave the way for not keeping pace with infla- aration and divorce.” slavery.” home ownership, Mr Wil- tion. People who have had The Arawak Homes 6DFUHG+HDUW&DWKROLF&KXUFK The businessman’s con- son said that while the com- jobs for the last three years, chairman recalled a recent WK%XLOGLQJ/HIW cerns are again borne out by pany had done virtually no it’s not the climate to ask meeting with a man who the Central Bank of the billboard or visible adver- for a raise. was “solidly middle class”, $IWHU%XGJHW5HQW$&DU Bahamas’ monthly econom- tising, “99 per cent of peo- “The second problem is but whose electricity had ic and financial development ple in this town know” of it. family instability.” As long been cut off by BEC. He 7HOHSKRQH 1R report for July, which “If we wanted to put $50- as the two people in a rela- and his family were used to showed that 34.3 per cent - $100 million on the books tionship were both bringing sleeping with the AC on, )DVFLPLOH1R or more than one-third - of tomorrow for consumer income home, everything and as a result the man’s Bahamian dollar credit lending, we could do it,” he was fine, but the recession’s wife, unable to sleep, had extended by the commercial told Tribune Business. “The effects were beginning to gone to live with her moth- banks was in the form of bottom line point is this: fracture many marriages. er. consumer loans. The middle class is shrink- “Because of this down- “She’s brought her whole Some $2.121 billion, out ing. People are not doing turn and economic pres- family into her business with of a total $6.485 billion in this borrowing because sures, a lot of families are her husband. How’s the outstanding Bahamian dol- they’re trying to change splintering, and that’s mak- marriage going to survive?” lar credit, is in the form of their lifestyle,, or because ing a bad situation disas- Mr Wilson asked. consumer loans and it they want to go for this or trous,” Mr Wilson said. “This is a very, very seri- appears to be the major that; they’re trying to main- “They’ve separated, and to ous thing. I really believe growth area for commercial tain their lifestyle.” maintain the same quality public policymakers need to bank lending. Collective Bahamians, Mr Wilson of life they had when they think about a lot of stuff consumer lending grew by said, were not “doing any- were together after that sep- and, more than anything $2.3 million in July, driving thing differently”, but three aration is nearly impossible. else, this country has to all such activity for the consecutive years of reces- But for a period of time come together and realise month. sion and anemic economic they’re in denial. some problems are beyond Mr Wilson said the com- growth, coupled with high “The fact of the matter is the capacity of the Govern- bination of Hurricane Irene unemployment, and that the process of adjust- ment in the short-run. and the Back to School reduced incomes and living ment means changing your “All this is happening standards, were exacting an lifestyle, and that is painful when the debt-to-GDP ratio for a lot of people, especial- is in excess of 50 per cent, so ly mothers. what is government going 6HD :DYHV “These economic pres- to do?” $TXDWLF 7HDP GOVERNMENT COULD RECOUP 50 PER CENT OF$90 IRENE million inCOSTS insurance FROM page one comes in, that will get )DOO6HVVLRQ5HJLVWUDWLRQJ changed to $18-$20 million DPWRQRRQ Tribune Business report from that sum, so the net revealing this on Tuesday effect [of Irene] will not be 6DWXUGD\UG6HSWHPEHU this week. very significant for the Trea- 6RXWK%HDFK3RROV(DVW6WUHHW6RXWK “If you put $90 million sury. And if the Govern- into this economy that’s not ment’s spending $37 million, chicken feed. That’s a lot of that’s even more stimulus.” /HDUQWR6ZLP stimulus...... When one Expanding on this theme, looks at it this way, the Gov- Mr Wilson added: “There RBC FINCO &RPSHWLWLYHDQG¿WQHVVIRUDJHV ernment can get a lot of that are a lot of people who have $37 million back.” earned money in the last is considering applications for  \UVWRDGXOWV Noting that “$0.20-$0.25 several days, and who are of every $1 spent ends up likely to earn money, who a ,QIR HYHQLQJV back in the Treasury”, the month ago had no reason to Mortgage Specialist Sunshine Group of Compa- believe they would do so. nies’ chairman added: “If “A lot of shingles are MORTGAGE CENTRE down, meaning carpenters and those with skills sets are The successful candidate should possess the following earning money. Landscap- qualifications: ing has been impacted, so • AICB or ABIFS Diploma or degree in Banking or a the landscapers are earning related field would be an asset money. Truckers collecting • Five or more years banking experience debris are earning money. • Previous experience in portfolio and liability “There are a lot of peo- administration would be an asset ple who were dead in the water now earning money Key Skills: and who, a month ago, had • Strong Negotiating/Selling Skills no reason to anticipate • Leadership & Coaching that.” • Relationship Building Mr Wilson said Hurricane • Impact and Influence Irene’s passage had also • Ability to manage multiple priorities impacted the velocity of cir- • Demonstrated written and verbal communication skills culation of money in the • Proficiency in Microsoft Office Bahamian economy, mean- • Ability to make sound credit analysis ing the frequency with which the same dollar changed Responsibilities include: hands. • Contributing to meeting team sales plans by acquiring “People spent money they and growing profitable client relationships had not planned to spend, • Providing customized solutions and financial advice and maybe should not have designed to satisfy the client’s long-term goals on spent, but the additional obtaining a mortgage velocity of money in the • Seeking out new clients by developing relationships short run is another stimu- within the community and local centres of influence lus,” he added. • Enhancing the experience of existing clients by While this might impact providing accessibility and one-on-one advice and the spending plans of valuable information on the intricacies of having a Bahamian consumers and mortgage businesses in the medium • Successfully anchoring clients with the appropriate term, Mr Wilson added: “In delivery channel within RBC Royal Bank (Bahamas) the short run, my view is Limited that Irene is going to inject an economic stimulus.” A competitive compensation package (base salary & He told Tribune Business bonus) will be commensurate with relevant experience that “the biggest negative” and qualifications. from the storm had been the “fallout” for the private sec- Please apply by September 2, 2011: tor in terms of the Bahamas Assistant Manager Electricity Corporation’s Recruitment & Employee Development (BEC) failure to restore Human Resources power to all areas of New Bahamas Regional Office Providence, while Cable RBC Royal Bank (Bahamas) Limited Bahamas’ services had gone P.O. Box N-7549 down for a while in others. Nassau, N.P., Bahamas However, Mr Wilson said Via fax: (242) 322-1367 this had opened some busi- Via email: [email protected] nesses’ eyes to the possibili- ty of switching service provider from the Bahamas Telecommunications Com- pany (BTC) to Cable ® The Lion & Globe symbol and RBC are registered trademarks of Royal Bank of Canada. Bahamas and “vice versa”.

THE TRIBUNE THURSDAY, SEPTEMBER 1, 2011, PAGE 5B BUSINESS

By NATARIO McKENZIE had heard some reports and, when acceleration of their plans. Some bour Island and Eleuthera in the encourage as much of that as pos- TribuneIRENE Business Reporter STIMULATESwe got there, the owners were of them were thinking HOTEL they weren’t past two days, asUPGRADES well as Abaco sible. [email protected] there and said they didn’t know going to do anything until next and the cays. “Typically this time of the year, where those reports came from,” year. “There are some hotels that have particularly in the Family Islands, THE MINISTER of Tourism Mr Vanderpool-Wallace said. “Now they’re agreeing to do it had a little bit more moderate types the small hotels will close down for and Aviation, Vincent Vander- “Except for some delay from now. So we think the properties of damage, which requires a bit a month and a half or so, and that pool-Wallace, said yesterday that opening for cosmetic stuff, gener- are going to come out further more. Other than that, it’s cosmet- down period is when they do some the impact of Hurricane Irene had ally speaking properties are in ahead than they have ever have ic work. of their maintenance upgrades and forced many hotel properties to much better shape than we though been as a result of what has hap- “We are encouraged that the so on. accelerate their renovation plans. a the beginning. In the Family pened.” Government has put in for the “With the recession the past cou- “We had a great opportunity to Islands the good thing is many of Frank Comito, executive vice- hardest hit areas some Customs ple years it’s been difficult to put a really go and see first hand on the properties would have been president of the Bahamas Hotel duty exemptions that will stimu- lot of money in that, but the hur- Eleuthera and Cat Island how the closed anyway for renovation. Association, told Tribune Business: late some upgrades in investments, ricane may prompt some addition- properties were doing, because we “Some of them saw that as an “We have been to Cat Island, Har- and we’ll be getting the word out to al investments in those areas.” EXXON-RUSSIA OIL DEAL SCOTIABANK UNLIKELY TO RAISE CONCERNS OFFICER PASSES NEW YORK Associated Press KEY EXAM AN UNPRECEDENTED A PERSONAL banking officer at Sco- deal that gives Russia's state- tiabank (Bahamas), Soweto R. Rolle, controlled oil company part- has completed the Canadian Securities ownership of U.S. oil fields is Course (CSC ) after studying at the Nas- unlikely to be scuttled by Amer- sau-based Securities Training Institute ican political or national secu- (STI). rity concerns for a simple rea- Ms Albury, STI’s course administra- son: Russia doesn't need the oil. tor, said: “STI provides students with the In the deal between Exxon- Mobil and Rosneft, announced necessary tools to effectively prepare for Tuesday, Exxon will spend $3.2 the CSC exam, and obtain this highly- billion to help Rosneft explore respected international qualification.” SOWETO R. ROLLE offshore oil fields in the Russian Arctic and elsewhere in Russia. In return, Rosneft will have the RUSSIAN PRIME MINISTER Vladimir Putin, center right, and Rex option to acquire parts of oil Tillerson, ExxonMobil's chief executive, obscured center left, smile projects in Texas and the Gulf of as Rosneft's chief executive Eduard Khadainatov, right, and Exxon- Mexico, where Rosneft can Mobil's President Neil Duffin shake hands during a signing cere- learn drilling techniques that mony in the Black Sea resort of Sochi, Russia, Tuesday. (AP) Exxon has perfected to tap hard-to-reach oil. my. Its recent shale deals were Big oil companies such as It would be the first time Rus- allowed by lawmakers because Exxon, Chevron, BP and Shell sia would own parts of U.S. oil CNOOC is a minority partner in are struggling to find new oil to fields. these agreements. Also, like in replace the billions of barrels Experts say regulators and the Rosneft deal, oil and gas they produce every day. Most lawmakers will likely scrutinize produced by the fields is needed of the world's oil is owned by the deal, but not block it. in the U.S. It wouldn't make state oil companies in the Mid- That's because Rosneft economic sense to ship the oil to dle East, Africa and South almost certainly won't be China. America. offered a majority stake in U.S. By contrast, lawmakers This is forcing investor-owned fields. Although specifics have threatened to block CNOOC's oil companies to look for and not yet been negotiated, Exxon effort to buy the American oil drill for oil in places that are would control the projects, and company Unocal Corp. in 2005. increasingly harder to reach and apply for drilling licenses from CNOOC eventually withdrew more expensive to develop. U.S. regulators. its offer. They have ventured into even And, importantly, Russian Rep. Ed Markey, a Massa- deeper waters in places such as isn't thirsty for U.S. oil. It's the chusetts Democrat on the the Gulf of Mexico and off of world's second-biggest exporter House Natural Resources Com- Northern Brazil. Now they are of crude. The oil produced in mittee, raised objections when pushing into the Arctic. the U.S. by Exxon and Rosneft BP agreed to a stock swap with "Exxon has to go not where would stay here because Amer- Rosneft earlier this year. That they want to be, but where they ica needs all the oil it pro- deal would have given the com- have to be," says Larry Gold- duces_and much more. pany a 5 percent stake in BP. stein, a director of the Energy Deals with foreign countries Eben Burnham-Snyder, Policy Research Foundation, an that raise security issues can be Markey's spokesman, said industry research group based reviewed by a secretive body Wednesday that the congress- in Washington. chaired by the Treasury Depart- man's office is looking into the If the Exxon-Rosneft part- ment with representatives from Exxon-Rosneft deal. But he said nership is successful the compa- other agencies. The Committee the deal doesn't appear to nies will bring huge new sup- on Foreign Investment in the involve the same ownership plies of oil to the global market U.S. can then block or require issues that were involved in the and push oil and gasoline prices changes to agreements that are BP-Rosneft stock swap. lower than they would other- deemed threats to security. The deal is a risk for Exxon, wise be_another big reason law- This deal probably won't not U.S. security, experts say. makers might not try to block qualify as a threat, experts say. Exploring the Arctic is going the deal. "It is highly doubtful they'd scut- to be difficult, expensive, and "It would be good for the tle the deal," says Nova Daly, a will raise environmental con- global supply of oil," says Fadel consultant with the Wiley Rein cerns. And deals with Russian Gheit, an oil analyst at Oppen- law firm and a former Treasury companies can be treacherous. heimer & Co. official who oversaw the com- Russia's oil and gas giants are mittee. controlled by the Russian gov- Christopher Wall, an attor- ernment, and past deals have ney who participated in CFIUS fallen prey to politics. reviews as a Commerce Depart- "Russia is notorious for sign- ment official in the George W. ing deals and playing nice when Bush administration, says the oil prices are low or declining, committee has investigated but when oil prices go back up some Russian investments in they don't play as nice," says U.S. coal mines but hasn't inter- Sarah Ladislaw, a senior fellow fered in those deals. in the Energy and National Also, regulators haven't Security Program at the Center blocked a string of recent deals for Strategic & International involving foreign oil and gas Studies in Washington. companies hoping to learn from Rosneft has been searching U.S. companies how to access for a deep-pocketed partner oil and natural gas trapped in with technical expertise to help shale formations. Norway's Sta- develop oil projects in the Arc- toil and France's Total and, tic for years. The company was most recently, China's CNOOC said to be in talks with Shell, have invested billions in of dol- though the Exxon deal likely lars in in U.S. shale fields in sev- means those talks are over. Ros- eral states. neft reached a deal earlier this China, unlike Russia, is a big year with BP, only to have it fall oil consumer and desperate for apart. BP was unable to get out new supplies to fuel its econo- of a deal it had already signed with another Russian partner.

PAGE 6B, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE THURSDAY, SEPTEMBER 1, 2011, PAGE 7B Market makers ‘a dream more than a reality’

FROM page one “In this small market, you’re never going to have While acknowledging that low liquidity lev- els in the Bahamian equities market were people picking up and preventing retail investors from easily exist- putting money behind the ing their investments, Michael Anderson deal. The nature of the said there was not enough “reward” to incentivise investment banks and market is never going to broker/dealers into playing this role. reward people for that - Rather than have these companies act as taking the risk, putting up ‘purchasers of last resort’, the RoyalFidelity president suggested that the way to over- the capital, and acting as come the lack of liquidity was to “broaden purchaser of last resort. and deepen” the Bahamian equities market It’s not a realistic assump- by expanding shareholder bases and the number of active trading participants. tion.” He was responding to Tribune Business columnist Richard Coulson, who in an RoyalFidelity Merchant August 23 article urged Bahamian retail Bank & Trust president investors to avoid both the $37 million Bahamas Telecommunications Company Michael Anderson (BTC) IPO, and the more immediate $8 million Arawak Cay port offering, unless ing. By warning retail investors against either their financial advisers/placement buying into the upcoming IPOs, the Royal agents or the Government committed to act Fidelity president indicated the article as ‘market makers’. acted against the very deepening and In this role, they would buy shares broadening of the Bahamian capital mar- when retail investors were unable to find kets - something he sees as essential to a purchaser on the Bahamas curing the liquidity ills. International Securities Exchange’s “At this stage of the market’s develop- (BISX) market, providing both liquidity ment, it is kind of limited in that there is and price support. not enough liquidity, and people take “They’re all ‘nice to be’s’,” Mr longer than they’d like to get out of secu- Anderson said in response to the sugges- rities,” Mr Anderson conceded to Tribune tions in Mr Coulson’s column. “It would Business. be great if those arrangements were put “But unless more people participate, in place, but it’s a dream more than a the market will not have enough investors reality. to grow and give it depth...... In the equi- “In this small market, you’re never ties market generally, we need more par- going to have people picking up and put- ticipants rather than less.” ting money behind the deal. The nature He added of Mr Coulson’s ‘market of the market is never going to reward maker’ proposal: “While that would be a people for that - taking the risk, putting nice thing to have, it’s unrealistic to expect up the capital, and acting as purchaser of it to happen. If that’s what we’re waiting last resort. It’s not a realistic assumption. for, it’s never going to happen..... “We’re not a trading market, we’re an “What we need to do is give more depth investment market. It’s just not realistic. to the market, more buyers and sellers, It [market makers] is not where we are at and a more broader shareholder base. the moment, and it’s not going to change The broader the base, the more activity in the near term.” This reflects that most there will be in the buying and selling of Bahamian investors ‘buy and hold’ their shares.” securities investments, rather than look- Mr Anderson said the two BISX-listed ing to actively trade them. companies with the largest public flota- Mr Anderson told Tribune Business tions, Commonwealth Bank and Cable that RoyalFidelity “got out of the market Bahamas, typically saw the greatest stock making business six years ago because trading activity. This ties-in to the fact there was no profit in it. that many Bahamian public companies “If you took BISX prices, why would are controlled by one majority, or control- you ever do it? You can’t price the risk ling group, of shareholders who typically into the transaction.” For ‘market mak- hang on to their investment. As a result, a ers’, the deal could “go one way or anoth- limited percentage of shares are in the er”, depending on which way listed stocks hands of Bahamian institutional and retail moved, and there was too much risk and investors, which in turn restricts the level uncertainty involved as to whether they of trading activity. would ultimately make a profit. “The bigger shareholder bases see a fair The RoyalFidelity president added that amount of activity, and the smaller bases the investment bank had played the ‘mar- less,” Mr Anderson said. “We have to get ket maker’ role prior to the creation of more participants and more liquidity.” the formalised BISX market structure, The RoyalFidelity president also urged when the Bahamian securities market was Bahamian investors to buy on quality, in an ‘over-the-counter’ model, “because terms of the upcoming IPOs and shares people were doing it at the price they on offer, rather than just look at the wanted to do it”. dividends or getting funds for Back to Meanwhile, Mr Anderson hinted that School. Mr Coulson’s views could be self-defeat- JUST 14% OF LOCAL HOTELS HAVE ABILITY FOR E-BOOKING FROM page one added that without an e- of foreign exchange, the booking infrastructure, support we would be able to many smaller tourism enter- give the smaller properties, regional seminar on small prises will under perform. would be more substantial.” and medium-sized tourism He said: “The electronic The Ministry of Tourism’s enterprises, said: “When we infrastructure will enable sustainable tourism depart- look at the Bahamas, we anyone who has an interest ment, together with the have 280 licensed hotels. In in going to some of these Latin American and a world that is moving very small properties to book it Caribbean Economic rapidly towards electronics, online and get there easily.” System (SELA) and the at only about 40 can you Mr Vanderpool-Wallace Caribbean Community book electronically any day added that the same was (CARICOM), is hosting a of the week. true for access to domestic ‘Regional Seminar on “So you have 240 hotels airlines. “We have eight Tourism: Small and that are operating in a way domestic scheduled airlines Medium-Sized Enterprises that is substantially inferior that are, by and large, invis- (SMEs) and Tourism to what is expected today. ible in terms of making Development in the So when we are out promot- reservations in the rest of Caribbean Region’. ing our destination and our the world, so another piece The overall objectives of country, we have to find of infrastructure is to make the seminar are to have some ways to bring those sure that if someone is sit- regional experts share their smaller properties into the ting anywhere on the planet experiences of Caribbean fold. and has an Internet connec- tourism SMEs and the chal- “It’s very important we do tion to any one of these lenges that are encountered that. If you take a look at islands, that they can get in maintaining their com- the occupancy levels of there very easily electroni- petitive edge in a global properties within the cally,” he said. environment. Caribbean and, indeed, “So once you can book The two-day seminar will within the Bahamas, the electronically for the prop- analyse tourism trends from occupancy rates of the erty you are interested in, a regional and global per- smaller properties, the ones we would have made a sub- spective, and provide an we want to support, are sub- stantial leap forward in opportunity for Bahamian stantially lower than those terms of enabling the peo- tourism-related SMEs to of the larger properties that ple who rely on that to be discuss some of the impedi- have market access.” far more successful. When ments to their competitive- Mr Vanderpool-Wallace we begin to do that, the flow ness.

PAGE 8B, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE BUSINESS GOVERNMENT SUES TO BLOCK AT&T, T-MOBILE MERGER WASHINGTON 2 wireless carrier, and No. 4 T- less carrier, leaving Sprint Nextel petition. If the deal doesn't go During a news conference, Democratic Sen. Herb Kohl Associated Press Mobile are plotting a legal as a distant third-place player through, the company will be Deputy Attorney General James of Wisconsin, who heads the response to challenge federal and certain to struggle. forced to pay T-Mobile a $3 bil- Cole said the merger would Senate Judiciary subcommittee THE JUSTICE DEPART- regulators. AT&T quickly signaled that lion break-up fee and give it result in "tens of millions of con- on antitrust, competition policy MENT took the unusual step In its civil antitrust lawsuit, it won't abandon the transac- some wireless spectrum rights. sumers all across the United and consumer rights, said the Wednesday to try to block the Justice Department said the tion, leading to expectations of a AT&T said it will ask for an States facing higher prices, few- suit was an effort to protect con- AT&T's $39 billion purchase of merger would stifle competition fierce court battle. expedited court hearing "so the er choices and lower quality sumers "in a powerful and grow- T-Mobile USA, arguing that the in the wireless industry. The AT&T has several incentives enormous benefits of this merg- products for mobile wireless ser- ing industry that reaches virtually proposed merger would lead to deal, which is still under review to take up a legal fight with reg- er can be fully reviewed." vices." every American." higher wireless prices, less inno- at the Federal Communications ulators. In court, the burden is In a statement, T-Mobile's T-Mobile has been an impor- The lawsuit used some of T- vation and fewer choices for con- Commission, would catapult on the Justice Department — owner, the German company tant source of competition, Mobile's own documents sumers. AT&T past Verizon Wireless to not AT&T — to show that the Deutsche Telekom, said it is dis- including through innovation describing its role in the market Now AT&T, the nation's No. become the nation's largest wire- combination would harm com- appointed by the Justice Depart- and quality enhancements such to explain why the merger ment's action and "will join as the roll-out of the first nation- shouldn't take place. In those AT&T in defending the con- wide high-speed data network, documents, the company calls templated merger." according to Sharis Pozen, acting itself "the No. 1 challenger of The companies could wage a chief of Justice's antitrust divi- the established big guys in the strong defense in court. sion. market and as well positioned Morgan Reed, executive AT&T and T-Mobile com- in a consolidated 4-player director of the trade group, pete nationwide, in 97 of the national market." Association for Competitive largest 100 cellular marketing T-Mobile said its strategy is Technology, said AT&T has at areas, according to the suit filed to attack other companies and least one key fact on its side: in U.S. District Court in Wash- find innovative ways to over- Deutsche Telekom has said it ington. They also vie for busi- come the fact that it is a smaller does not plan to continue to ness and government customers. company. invest in upgrading the T-Mobile The lawsuit says the acquisi- T-Mobile "will be faster, more network to deliver faster wire- tion would eliminate a company agile and scrappy, with diligence less. That means, "T-Mobile is that has boosted competition on decisions and costs both big not a competitor anymore," with low pricing and innovation. and small," one company docu- Reed said. T-Mobile had the first handset ment said. "Our approach to "T-Mobile has already using the Android operating sys- market will not be conventional, stepped away from the table," tem, Blackberry wireless email, and we will push to the bound- Reed noted. "We're at three the Sidekick smart phone, aries where possible." nationwide wireless carriers no national Wi-Fi "hotspot" access Since AT&T first announced matter what." and a variety of unlimited ser- the deal in March, it has insisted The association, which repre- vice plans. that consumers would have a sents more than 3,000 small and In a statement, Sprint said the choice of multiple wireless independent application devel- Justice Department's lawsuit providers, including Leap, Metro opers, believes the merger would "delivered a decisive victory for PCS and U.S. Cellular, in many benefit the wireless broadband consumers, competition and our markets even if the deal is industry. country. By filing suit to block approved. In addition, the Justice AT&T's proposed takeover of The Justice Department Department lawsuit portrays T- T-Mobile, the DOJ has put con- rejected that argument. It said Mobile as having been a strong sumers' interests first." regional providers face "signifi- competitor in the past, but merg- Federal Communications cant competitive limitations" er analysis is forward looking, Commission chairman Julius because they do not have nation- said Washington attorney Genachowski said the record al networks. Robert Bell, who has represent- before his agency "raises seri- The department said the enor- ed clients in mergers for over 25 ous concerns about the impact of mous investments and resources years. the proposed transaction on needed to acquire wireless spec- "To the extent AT&T can competition." trum and build a network make show there's good reason to Although the FCC's separate it very difficult for new compa- believe that T-Mobile is going review of the proposed merger is nies to enter the wireless mar- to be a very different kind of still ongoing, the agency has nev- ket. competitor in the future — for er approved a significant merger AT&T and T-Mobile also example, weaker financially, less that is being challenged by the have said the merger would innovative — then the lawsuit Justice Department. reduce dropped and blocked becomes quite a bit different," Commission member Michael calls, and speed mobile Internet Bell said. Copps, a Democrat and a connections for subscribers. University of Notre Dame law staunch opponent of industry Faster service would result by professor Joseph Bauer said he consolidation, said he shares "the combining their limited wireless was "pleasantly surprised" by concerns about competition and spectrum holdings at a time the Justice Department's chal- have numerous other concerns when both companies are run- lenge of the deal because it has about the public interest effects ning out of airwaves to handle become so rare for the antitrust of the proposed transaction, mobile apps, online video and regulators to block major merg- including consumer choice and other bandwidth-hungry ser- ers during the past decade. innovation." vices.

THE TRIBUNE THURSDAY, SEPTEMBER 1, 2011, PAGE 9B BUSINESS

STRONGWASHINGTON AUTOSnomics said theDROVE July gain chemicals, JULY paper andFACTORY food, of the previous ORDERStwo months. Board. UP 2.4 PERaround 1 CENTpercent, only Associated Press suggests manufacturing will were up 1 percent in July Still, consumer confidence Many economists have slightly better than the first grow modestly. after a much smaller 0.2 per- in the economy plunged in been lowering their esti- six months and far below U.S. FACTORY Manufacturing has been cent increase in June. August to a two-year low, mates for growth in the sec- the pace needed to make a ORDERS rose strongly in one of the leading sectors The overall increase according to a report Tues- ond half of this year. Some significant on unemploy- July on the biggest jump in since the recession officially pushed total orders to day from the Conference are forecasting growth at ment. demand for autos in more ended two years ago. But $453.2 billion, up 33.8 per- than eight years and a surge higher energy prices and a cent from the recession low in commercial airplane parts shortage caused by the hit in March 2009. orders. The increase sug- Japanese natural disasters The economy grew at an gests supply chain disrup- slowed activity this spring. annual rate of just 0.7 per- tions created by the Japan The July report showed cent in the first six months &21*5$78/$7,216 crisis are easing. pockets of lingering weak- of this year, the weakest Factory orders climbed ness. A key category that performance since the 2.4 percent, the largest tracks business investment recession ended two years increase since March, the plans declined 0.9 percent ago. Commerce Department in July. That followed a 0.8 Markets became more reported Wednesday. percent rise in the previous turbulent over the last Orders for motor vehicles month. month as Europe's debt cri- and parts rose 9.8 percent, Excluding the volatile sis intensified and U.S. law- the largest one-month gain transportation categories, makers fought over increase since January 2003. orders rose a more modest the nation's debt limit. The The increase followed a 0.9 percent in July, still the prolonged debate over the decline of 0.4 percent in best showing for this cate- debt ceiling led Standard & June, one of several reports gory since March. Poor's to lower its rating on that stoked fears the coun- The report showed that U.S. long-term debt for the try could fall back into a orders for durable goods, first time in history. recession. products expected to last at A handful of reports Wall Street appeared least three years, rose 4.1 showed that growth picked encouraged by the better- percent in June, slightly bet- up at the start July-Septem- than-expected report. The ter than the 4 percent ber quarter. In July, con- Dow Jones industrial aver- increase shown in a prelim- sumer spending rose by the age rose more than 50 inary estimate last week. most in five months and the points Wednesday. Orders for nondurable economy created twice the Economists at RDQ Eco- goods, products such as number of jobs as in each

IMF: 5% DEBT SLASH FROM SPENDING CUT expenditure.” FROM page one Using this targeting framework, the Bahamas and others would set recurrent further 14 percentage points to hit 79 per cent spending Budgets for the next fiscal year based in 2015. The latter figure was some 19 per- on the probably medium-term debt-to-GDP centage points higher than the one projected if ratio. the Bahamas had followed their spending con- This would allow Budgets to be adjusted solidation measures. every year to meet the chosen targets and Still, the Bahamas’ debt-to-GDP ratios thresholds, allowing for the impact of shocks - remained far better than any other countries in such as hurricane-related repairs - on the pre- 7D\ ORU the sample. All apart from St Lucia, are pro- vious year’s fiscal deficit and national debt jected to have debt-to-GDP ratios of more targets. than 100 per cent by 2015 if no action is taken. “The main limitation of the public debt tar- “The use of a public debt band is critical, as geting proposal is that it requires a sufficient- it allows for primary balance flexibility and, as ly strong political and societal commitment to a result, avoids the need for large fiscal con- fiscal prudence,” the IMF researchers said, 0 (ZLVKHVWKHPZHOOLQWKHLUIXWXUHHQGHDYRUV solidations in bad stages of the cycle, which something that is certainly likely to be a prob- would undermine credibility,” the IMF lem in the Bahamian context. researchers said. “Without a strong willingness and capacity “Empirical simulations from a sample of to contain special interests, distributional con- Caribbean countries show that allowing debt to flicts or other political economy pressures, the move within a relatively narrow band allows mere adoption of the framework cannot be for large improvements in terms of primary expected to deliver the intended results.”

PUBLICDEFENCE FORCE RECRUITMENT NOTICE EXERCISE

The Royal Bahamas Defence Force is presently conducting a Recruitment Exercise.

Interested candidates must be Bahamian Citizens between WKH DJHV RI  DQG  DQG PXVW KDYH D PLQLPXP RI ÀYH  B.J.C.’s all at grade “C” or above including Math and English and High School Diploma. Applicants are to bring original FHUWLÀFDWHV IRU YHULÀFDWLRQ WR WKH 5HFUXLWPHQW 6HFWLRQ RI WKH Royal Bahamas Defence Force.

Deadline for receipt of applications is 15th September 2011.

Additionally, applicants are to produce the following original documents:

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Spending time at sea is a requirement as well as tours of duty at satellite bases on the Family Islands. Those unwilling to meet these requirements need not apply.

Application forms may be obtained from the Ministry of Na- WLRQDO 6HFXULW\ UG ÁRRU &KXUFKLOO %XLOGLQJ 5DZVRQ 6TXDUH  'HIHQFH )RUFH %DVH &RUDO +DUERXU  WKH 'HIHQFH )RUFH +DU- ERXU 3DWURO 8QLW (DVW %D\ 6WUHHW RU RQOLQH DW RXU ZHE SDJH www.rbdfmil.com.

For further information, you may contact the Royal Bahamas Defence Force Recruitment Center at 362-3717 or 362-3718.

PAGE 10B, THURSDAY, SEPTEMBER 1, 2011 THE TRIBUNE BUSINESS DOW UP FOR A FOURTH DAY, TURNS

POSITIVENEW YORK falling 0.4 FORpercent in June. 2011global demand for commodi- Associated Press That decline caused worries ties like copper and coal. that manufacturing, one of That helped to push up IT'S A QUIET END to a the best-performing areas of other stocks in the mining and wild month for financial mar- the U.S. economy since the commodities industry. Equip- kets. recession ended two years ment giant Caterpillar Inc. Stocks edged higher ago, might be starting to sput- rose 1.3 percent. Wednesday on a report that ter. The Standard & Poor's 500 factory orders surged in July. The Dow rose 53.58 points, index rose 5.97, or 0.5 per- The Dow Jones industrial or 0.5 percent, to end at cent, to 1,218.89. It fell 5.7 average turned higher for the 11,613.53. It fell 4.4 percent percent for the month. Finan- year. The Dow's four-day for the month, although it is cial stocks were the worst per- winning streak ended a now up 0.3 percent for the formers in August as many tumultuous August that had year. Aluminum maker worked to raise capital to the most 400-point swings in Alcoa Inc. rose 3.6 percent, comply with new regulations. the history of the index. the most of the 30 companies On Wednesday, nine of the A surge in factory orders that make up the Dow aver- 10 company groups that make indicated to investors that the age. up the index rose. The manufacturing industry is still Joy Global rose 1.3 percent telecommunications industry healthy. Orders rose 2.4 per- after the mining equipment was the only one to fall. cent in July, the largest maker said its earnings rose AT&T Inc. plunged 3.9 increase since March, after 46 percent because of strong percent after the Justice Department filed a lawsuit to stop the company's $39 bil- IN THIS AUG. 25, 2011 PHOTO, traders Patrick McKeon, left, and Richard Deviccaro work on the floor of lion merger with rival T- the New York Stock Exchange. World stock markets rose Wednesday, Aug. 31, as investors put aside con- Mobile USA. Sprint Nextel cerns over flagging consumer and business confidence in developed economies to hunt for bargains. (AP) Corp., which opposed the NOTICE deal, rose 5.9 percent. The Nasdaq composite an extraordinarily volatile ton over extending the coun- Bond prices have also been IN THE ESTATE OF ELLA MAE GLINTON index rose 3.35, or 0.1 per- month. The Dow was as high try's borrowing limit to avoid volatile. The yield on the 10- cent, to 2,579.46. It fell 6.4 of 12,132 this month and as a debt default. year Treasury note briefly fell ROLLE aka ELLA MAE GLINTON late of percent for the month. low of 10,719 in the span of 23 The declines gained speed to 1.98 percent on Aug. 18, a Dew Gardens Cow Pen Road in the Southern The Dow, S&P and Nas- trading days. the week ended Aug. 5, when record low, on weak manu- daq each had their worst The volatility that began in all three major indexes facturing data from the District of in the Island of New Providence August since 2001. late July seeped into August entered a correction, or a Philadelphia Federal Reserve. The market is closing out amid the debate in Washing- decline of 10 percent or more On Wednesday, the yield rose one of the Islands of the Commonwealth of from a recent peak. Investors to 2.21 percent from 2.18 per- The Bahamas, deceased. feared that Italy or Spain — cent late Tuesday. 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BISX LISTED & TRADED SECURITIES AS OF: WEDNESDAY, 31 AUGUST 2011 BISX ALL SHARE INDEX: CLOSE 1,398.24| CHG -0.05 | %CHG 0.00 | YTD -101.27 | YTD % -6.75 FINDEX: YEAR END 2008 -12.31% WWW.BISXBAHAMAS.COM | TELEPHONE: 242-677-BISX (2479) | FACSIMILE: 242-323-2320 52wk-Hi 52wk-Low Security Previous Close Today's Close Change Daily Vol. EPS $ Div $ P/E Yield 1.19 0.95 AML Foods Limited 1.19 1.19 0.00 0.155 0.080 7.7 6.72% 10.63 9.05 Bahamas Property Fund 10.63 10.63 0.00 -0.642 0.080 -16.6 0.75% 7.50 4.40 Bank of Bahamas 6.93 6.93 0.00 0.230 0.100 30.1 1.44% 0.53 0.17 Benchmark 0.18 0.18 0.00 -0.048 0.000 N/M 0.00% 2.84 2.55 Bahamas Waste 2.70 2.70 0.00 0.030 0.090 90.0 3.33% 1.96 1.77 Fidelity Bank 1.77 1.77 0.00 0.097 0.040 18.2 2.26% 11.10 8.29 Cable Bahamas 8.48 8.48 0.00 0.245 0.310 34.6 3.66% 2.80 2.35 Colina Holdings 2.55 2.55 0.00 0.438 0.040 5.8 1.57% 8.50 8.33 Commonwealth Brewery 8.50 8.50 0.00 0.740 0.000 11.5 0.00% 7.00 6.21 Commonwealth Bank (S1) 6.88 6.88 0.00 0.496 0.260 13.9 3.78% 2.00 1.63 Consolidated Water BDRs 1.68 1.63 -0.05 0.111 0.045 14.7 2.76% 1.90 1.31 Doctor's Hospital 1.37 1.37 0.00 0.074 0.110 18.5 8.03% 5.50 4.75 Famguard 5.43 5.43 0.00 0.498 0.240 10.9 4.42% 8.50 5.35 Finco 5.39 5.39 0.00 0.757 0.000 7.1 0.00% 9.74 7.75 FirstCaribbean Bank 8.29 8.29 0.00 0.494 0.350 16.8 4.22% 6.00 5.00 Focol (S) 5.75 5.75 0.00 0.435 0.220 13.2 3.83% 1.00 1.00 Focol Class B Preference 1.00 1.00 0.00 0.000 0.000 N/M 0.00% 7.30 5.50 ICD Utilities 7.30 7.30 0.00 -0.122 0.240 -59.8 3.29% 10.80 9.80 J. S. Johnson 9.82 9.82 0.00 0.880 0.640 11.2 6.52% 10.00 10.00 Premier Real Estate 10.00 10.00 0.00 1.207 0.200 8.3 2.00% BISX LISTED DEBT SECURITIES - (Bonds trade on a Percentage Pricing basis) 52wk-Hi 52wk-Low Security Symbol Last Sale Change Daily Vol. Interest Maturity 99.46 99.46 Bahamas Note 6.95 (2029) BAH29 99.46 0.00 6.95% 20 November 2029 100.00 100.00 Fidelity Bank Note 17 (Series A) + FBB17 100.00 0.00 7% 19 October 2017 100.00 100.00 Fidelity Bank Note 22 (Series B) + FBB22 100.00 0.00 Prime + 1.75% 19 October 2022 100.00 100.00 Fidelity Bank Note 13 (Series C) + FBB13 100.00 0.00 7% 30 May 2013 100.00 100.00 Fidelity Bank Note 15 (Series D) + FBB15 100.00 0.00 Prime + 1.75% 29 May 2015 RoyalFidelity MerchantBank & Trust Ltd. (Over-The-Counter Securities) 52wk-Hi 52wk-Low Symbol Bid $ Ask $ Last Price Daily Vol. EPS $ Div $ P/E Yield 10.06 5.01 Bahamas Supermarkets N/A N/A 14.00 -2.945 0.000 N/M 0.00% 0.55 0.40 RND Holdings 0.35 0.40 0.55 0.001 0.000 256.6 0.00% CFAL Securities Ltd. (Over-The-Counter Securities) 41.00 29.00 ABDAB 30.13 31.59 29.00 4.540 0.000 9.03 0.00% 0.55 0.40 RND Holdings 0.65 0.75 0.40 0.029 0.000 24.13 0.00% BISX Listed Mutual Funds 52wk-Hi 52wk-Low Fund Name NAV YTD% Last 12 Months % NAV 3MTH NAV 6MTH NAV Date 1.5779 1.4674 CFAL Bond Fund 1.577926 3.39% 5.87% 1.548717 1.535365 31-Jul-11 3.0160 2.9020 CFAL MSI Preferred Fund 3.0248 2.63% 3.94% 2.981382 2.952663 31-Jul-11 1.6128 1.5289 CFAL Money Market Fund 1.6151 2.61% 4.53% 1.591803 1.580804 5-Aug-11 2.8686 2.5730 Royal Fidelity Bahamas G & I Fund 2.5730 -5.41% -9.79% 30-Jun-11 13.7347 13.2291 Royal Fidelity Prime Income Fund 13.7347 2.82% 1.94% 31-Jul-11 114.1289 99.4177 CFAL Global Bond Fund 114.0922 2.35% 13.88% 114.128861 111.469744 30-Jun-11 118.4255 101.6693 CFAL Global Equity Fund 118.4255 2.30% 8.26% 116.580785 115.762221 30-Jun-11 1.1749 1.0000 FG Financial Preferred Income Fund 1.1749 2.48% 5.16% 30-Jun-11 1.1343 1.0000 FG Financial Growth Fund 1.1343 1.41% 5.17% 30-Jun-11 1.1764 1.0000 FG Financial Diversified Fund 1.1764 2.38% 5.39% 30-Jun-11 9.5078 Royal Fidelity Bah Int'l Investment Fund Principal 9.9952 Protected TIGRS, Series 1 9.9433 0.98% 4.58% 31-May-11 11.4985 10.0324 Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 2 10.9652 0.78% 5.70% 31-Jul-11 10.6813 9.1708 Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 3 10.6013 5.75% 13.20% 31-Jul-11 8.8564 7.5827 Royal Fidelity Int'l Fund - Equities Sub Fund 8.6507 3.01% 18.38% 31-Jul-11 MARKET TERMS BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00 YIELD - last 12 month dividends divided by closing price 52wk-Hi - Highest closing price in last 52 weeks Bid $ - Buying price of Colina and Fidelity 52wk-Low - Lowest closing price in last 52 weeks Ask $ - Selling price of Colina and fidelity Previous Close - Previous day's weighted price for daily volume Last Price - Last traded over-the-counter price Today's Close - Current day's weighted price for daily volume Weekly Vol. - Trading volume of the prior week Change - Change in closing price from day to day EPS $ - A company's reported earnings per share for the last 12 mths 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 P/E - Closing price divided by the last 12 month earnings FINDEX - The Fidelity Bahamas Stock Index. January 1, 1994 = 100 (S) - 4-for-1 Stock Split - Effective Date 8/8/2007 (S1) - 3-for-1 Stock Split - Effective Date 7/11/2007 TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-7525 SIX BAHAMIANS NOMINATED IN FLORIDA GOSPEL MUSIC AWARDS business still considered ous capacities with other well known to be in its infancy and a entities as a manager, re t a i l e r, assis- well kept Caribbean music tant, radio show host, sales execu- A tive, and former C.O.O. for an inter- industry secret, KLR national digital distribution compa- Management Group Ltd. is n y. He has also served on music and already proving to be successful distribution label, Creative Soul in taking clients to the interna- E n t e r tainment and worked closely tional arena after successfully with the Caribbean Gospel Music securing nominations for Marlin Aw a rds. He says the nomina- Bahamian artists at the sixth tions provide tremendous opport u n i - ties for the nation. annual South Florida Gospel “Right now, we are looking at hav- Music Awards. ing a Bahamian contingent at the KLR Management Group pre s i - awards show to represent the coun- dent, Keith Rolle officially re l e a s e d try,” said Rolle. “J. Chase and Jaynelle the names of the artists he re p r e- hail from the beautiful island of sents, who are now nominees in the Eleuthera, Sunae Russell was born on 6th Annual South Florida Gospel the island of Andros, Manifest is orig- Music Aw a r ds at Covenant Centre inally from Grand Bahama and V Mac I n t e r national on November 4-5 in was born here on the island capital of Palm Beach Gardens, Florida. New Providence. It will be a tremen- "Each nominated artist signed a dis- dous opportunity for sponsors looking tribution agreement with KLR, so we to align themselves with positive, went the extra mile and submitted quality and productive Bahamians their projects for The South Florida who will appear on the red carpet, be Gospel Music Aw a r ds. Although photographed by foreign media and THURSDAY, SEPTEMBER 1, 2011 Manifest is no longer with KLR for hopefully give an acceptance speech THE TRIBUNE’S Management and Distribution, we thanking those who helped them get decided to let the nomination stand,” there when they win the award. This is he said. not just about music but about show- “Nominated in the Hip Hop divi- ing what this great little nation is capa- sion are Manifest and J.Chase. In the ble of producing as a whole.” Female Contemporary artist catego- RELIGION Founded by Peppi Hendrix in 2004, ry re p r esenting the Bahamas is the South Florida Gospel Music SECTION C Jaynelle and for Female Tr a d i t i o n a l Awards has seen tremendous growth Gospel it is Sunae Russell. We are and development since it's inception. RELIGIOUS NEWS, STORIES also really delighted with new art i s t , The South Florida Gospel Music AND CHURCH EVENTS V-Mac who is nominated for Male Awards (SFGMA) was created as a Vocalist of the Year and his song venue to recognise and give meaning- E l e v a t i o n s is up for Song of The ful and maximum exposure, to those Ye a r. C.R.E.A.M is also to be con- independent gospel artists who have gratulated for their nomination in made an impact through the medium the Hip Hop division as well.” KEITH Rolle of the KLR Management Group. of gospel music throughout the United The 6 nominations, re p r esenting 5 States, Canada, The Bahamas, Bahamian artists, solidify Rolle’s Caribbean Islands, the United respected presence on the intern a - Kingdom and the World." said Mr tional scene and has confirmed his Hendrix. ability to take Bahamian entert a i n e r s “All of these artists have "The Awards boasts such National into a new market. and International Corporate Sponsors “All of these artists have worked worked hard to get where as The Islands of the Bahamas h a r d to get where they are and they Tourism Office, The Florida Gospel a re able to not only compete but they are and they are able Announcers Guild of the GMWA , p r esent a complete pro f e s s i o n a l Inc, State Farm Insurance, Geffen and package to their international audi- to not only compete but Universal Records, The Bobby Jones ence. One thing I believe in is net- Complex for Pre s e r vation, SFGN, working and at KLR we are cre a t i n g present a complete pro- BBTV, The FL. Dept. of Health and strategic networks with our aff i l i a t e s Gospel USA Magazine, just to name a in Atlanta, Miami, Te n n e s s e e , fessional package to their few." He continued, "This year we are Washington D.C. and To r onto to help expecting 1,500+ attendees to attend raise a platform for our artists and international audience.” t h r oughout the SFGMA We e k e n d their products. Additionally, Events. The event is FREE to attend, Bahamians can go to w w w. s f g m a . c o m however you must register." and vote for their country m e n . ” – KEITH ROLLE – Award winners will be decided by M r. Rolle is well versed in the online vote on www. s f g m a . c o m . e n t e r tainment industry with nearly a Voting has already begun and will end decade and a half of working in vari- on October 25th, 2011. PG 40 • Thursday, September 1, 2011 RELIGION The Tribune

MEMBERS of the choir are photographed with leaders (front row) Giovanni Clarke, choral intern, Raymond Antonio, accompanist and Adrian Archer, conductor.

to soothe the human spirit through p resentation of he Broadway musical times of trial, and helps us to celebrate ‘Once On This Island.’ During the con- in times of triumph,” said Mr Archer. c e rt we will pay tribute to this wonder- Making an appearance as guest artist ful lady of our nation in a few special THE HIGHGROVE during the concert is mezzo-soprano moments of re m e m b r a n c e . ” Norma Ash. She most recently led the F i n a l l y, The Highgrove singers have Youth Choir of St Francis Xavier deliberately focused on making the cul- Cathedral in James Weldon Johnson’s t u re of this group a training ground for production of “God’s Trombone”. musicians to learn and hone their crafts. SINGERS PRESENT It is there f o re our pleasure to intro d u c e Selfless Mindset Mr Giovanni Clark as our first choral conducting intern. Giovanni is music N o rma is an amazing musical person- major at the College of the Bahamas, a l i t y, who believes in using her talent to and will debut as a conductor of the ‘THE SINGING HEART’ bless the hearts and minds of her audi- g roup in David Dickau’s “If Music Be ence; this selfless mindset embodies the the Food of Love.” “Singing Heart” theme of our concert . Accompanying the choir will be nder the patronage of “The DANSA award winning choir, In addition to her solo appearance in Raymond Antonio and College of the Governor General and Lady now in its 15th year, will present choral the concert, Miss Ash, will sing with the Bahamas’ adjunct music professor Dr UFoulkes, the Highgrove works by Eric Whitace, Bob Mealor, H i g h g r ove Singers a specially arr a n g e d Christy Lee. Singers, under the direction of Andre Thomas and many others,” said version of “Amazing Grace”, com- Tickets for the concert are $20 each Adrian AW Archer, will present their Adrian Archer, director of the music posed by Roger Ames and dedicated to and can be obtained from the concert annual summer concert “The ensemble. “We have entitled the con- the victims of the 9/11 tragedy . box office located at St Georg e ’s Singing Heart” at St Andrew’s cert “The Singing Heart”, because the “This past spring the choir lost its Anglican Church Montrose Av e n u e Presbyterian Kirk, Friday, music and text of the song so titled by p a t r on Dr Keva Bethel,” said Mr ( Telephone 322-1139 / 325-8997) – part September 2 at 8pm and Sunday, English Composer Bob Chicoltt A rcher “She has supported the choir p roceeds from the concert will aid the September 4 at 5 pm. embodies the concept that music is able f r om its inception and first musical C h i l d re n ’s Emergency Hostel.

$JHQWV %URNHUV /WG 0$56+ &RUUHVSRQGHQW THE TRIBUNE • SECTION E THURSDAY, SEPTEMBER 1, 2011 INSIDETRAK 13th IAAF World Championships THE ‘GRAND DADDY’ OF COACHING IN THE BAHAMAS ‘That goes to show that I’m in top form’

TURN TO 3E... By BRENT STUBBS Senior Sports Reporter [email protected] Leevan ‘Superman’ Sands ‘ready, anxious’ MINISTER DAEGU, South Korea — No one likes to be in the position that Lee- to compete in triple jump prelims Friday OF SPORTS van 'Superman' Sands finds himself in. MEETS WITH Since arriving here with the team on August 22, he has been waiting around in the Games Village for his TEAM BAHAMAS opportunity to compete. But that chance won't come until IN DAEGU Friday when he competes in the pre- liminaries of the men's triple jump for one of the 12 spots in the final on TURN TO 4 & 5E... Sunday's final night of competition. "I've just been ready, anxious. I've been here long. It's been a long wait for the triple jump," said Sands, SOCCER: who will be the last competitor for the Bahamas to compete in an indi- vidual event. MAN CITY The semifinal and final of the women's 100 metres will both be on COMPLETES the same day and, if she is given a leg to run, Cache Armbrister will be the last member of the Bahamas' SIGNING OF 18-member team to taste the track at the colourful Daegu Stadium. HARGREAVES For Sands, the triple jump has tra- ditionally been one of the last events TURN TO 6E... on the schedule and even though there have been some changes here with the 4 x 400 heats for men today US OPEN: and the final on Friday, and the 4 x 100s have been moved to close out the championships, nothing has KNOWLES changed in terms of his approach to his signature event. AND MALISSE "It's been a long wait, so I am get- ting a chance to see everybody com- pete," said Sands, who is looking ADVANCE TO forward to the final of the men's high jump with Donald Thomas and THE SECOND Trevor Barry. He is also looking forward to the preliminaries of the women's 200 ROUND with Debbie Ferguson-McKenzie, Anthonique Strachan and Nivea Smith as well as Raymond Higgs in the men's long jump and both the men's 4 x 4 and women's 4 x 1 as they get set to close out the second half of the championships. "I got to see some mishaps with some people not making the final for the Bahamas team," Sands said. "That just makes me more angry and eager to go out there and try my best to make it in the final. We have Donald and Trevor already in the final of the high jump and I was happy for that. It was motivation for me too." During Wednesday's off day of competition, Sands got a chance to TURN TO 7E. sit down in a meeting with the Min- ister of Youth, Sports and Culture Charles Maynard. SO FAR, While he was delighted to hear what the Bahamas Government is TOP FORM: Leevan “Superman” Sands can be seen in the 2010 CAC Games in Mayaguez, Puerto Rico. Since arriving in Daegu, hoping to do for the athletes, he South Korea, with the team on August 22, he has been waiting around in the Games Village for his opportunity to compete. 13TH IAAF wanted to make it crystal clear that But that chance won't come until Friday when he competes in the preliminaries of the men's triple jump. his goal still remains the same, WORLDS whether or not more money was being offered to the athletes for Griffith) and the men's 110 hurdles Sands, who celebrated his 30th Finland. their performances here. (with Dayron Robles of Cuba being birthday on August 16, comes in In 2007, he didn't make it out of FULL OF "This has been a crazy World disqualified)," Sands said. "I think with some impressive credentials at the qualifying round in Osaka, Championships. I'm sure everybody I'm in good shape right now and my these championships. Japan, but returned for another SURPRISES saw what happened in the 100 (with coach (Henry Rolle) thinks I'm in In 2003, he was the bronze medal- fourth place in Berlin, Germany, in Usain Bolt of Jamaica getting elim- good shape. So I'm looking forward list in Paris Saint-Denis, France. TURN TO 8E... inated for a false start like Adrian to some big things here." In 2005, he got fourth in Helsinki, SEE page 3E

TRIBUNE SPORTS THURSDAY, SEPTEMBER 1, 2011, PAGE 3E

SPORTS 13th IAAF World Championships ‘I really couldn’t ask for more’

By BRENT STUBBS Senior Sports Reporter [email protected] ‘Grand-daddy’ of coaching in

DAEGU, South Korea — Bahamas Ronald Cartwright In everyone’s life, there is no greater sense of appreciation than being able to reach the has always dreamt of being highest pinnacle in what they do. For Ronald Cartwright, a part of the IAAF Worlds who has been the "grand-dad- dy" of coaching in the jumpers on the team, despite also rise to the occasion. Bahamas since the 1970s, he the fact that they have their "I spoke to him at dinner has finally gotten to the top of own personal coaches also in yesterday and he told me that the mountain - so to speak - attendance. his first jump he pops is going in his fraternity. "The two high jumpers to be the winning jump," At age 73 and the father of making the final is exception- Cartwright noted. So I can one of the premier coaches al," Cartwright noted. "From say he's really ready to jump." in the country, Sidney Leevan (Sands) we can As for Higgs, like Bianca Cartwright, the elder expect big things (in the Stuart in the women's long Cartwright has finally been men's triple jump) and Ray- jump, he will be making his afforded the opportunity to mond Higgs is an up-and- debut in the preliminary represent the Bahamas as a coming long jumper, but he's rounds of the men's long coach at the IAAF World been jumping very well at the jump today. Championships, one of the collegiate level. So I don't see Does Cartwright feel that two events he always dreamt him doing any worse. He he could falter under the pres- of being a part of. The other should only get better at this sure as Stuart did when she is the Olympic Games. level." scratched her first attempt, 73-year-old Ronald Cartwright (left) and Doyle Burrows. While the latter may not DREAM TO REALITY: There are still a lot of barely got in her second and become a reality in his life- expectations for Team produced her best mark on time, Cartwright is trying to it's his confidence that the forward to for a very long we have seen from the other Bahamas, even though one of the day in the third round to soak up the exposure he's get- athletes will prove him right time," said Cartwright of countries, we stand a very them was the exit of all three just miss out of a spot in the ting here before he starts to and Team Bahamas will Donald Thomas and Trevor good chance of winning a quarter-milers in the semifinal final? lean towards retirement. make the Bahamas very Barry, who will provide the medal. It looks very good." of the men's 400 metres. But "I don’t think so," he said. "I really couldn't ask for proud when the champi- thrills and spills for the Cartwright, who is the following on the heels of "Raymond is a person who is more," said Cartwright as he onships end on Sunday night. Bahamas in the final in the founder and head coach of Thomas and Barry's tri- always in a good mood. So I spoke to the local media in "We have two jumpers in men's high jump tonight. the RC Athletics track club umphant entry in the men's don't think this pressure will the Games Village. the final and that is something "The relays, I think will be in Nassau, is primarily respon- high jump final, Cartwright is get to him at all. I know that If there is, Cartwright said that we have been looking very exciting and from what sible for overseeing all of the of the opinion that Sands will he's going to jump well."

SPORTS MINISTER, DIRECTOR MEET WITH TEAM BAHAMAS IN DAEGU By BRENT STUBBS them up to date on the latest been completed and is con- Maynard didn't hand out Senior Sports Reporter developments as far as the sidered to be the jewel of the any cheques, but he advised [email protected] Bahamas Government’s sub- Caribbean. However, there is the athletes that the govern- vention programme that has still a lot more work that has ment will be restoring the DAEGU, South Korea — been instituted to assist the to be done to the landscape subventions to the figures that Wednesday was an off day for athletes with their prepara- and surrounding areas at the they were before some of competition at the IAAF tion for international compe- Queen Elizabeth Sports Cen- them had to take a pay cut. World Championships in tition. ter. And he noted that those ath- Athletics. Maynard also noted that While here, Maynard said letes that were not on sub- So Minister of Youth, through the Bahamas Asso- he got a chance to take a vention, but whose names Sports and Culture Charles ciation of Athletic Associa- close-up look at the colour- have been submitted to his Maynard, accompanied by his tions, the Bahamas will be ful Daegu Stadium and he ministry, will be added to the new director of Sports, Timo- putting in a bid with the Inter- assured the athletes that the list. thy Munnings, thought it was national Amateur Athletic government is doing all in its As for the performances a good time to gather Team Federation (IAAF) for the power to make sure that the here, Maynard said the gov- Bahamas together for a meet- hosting of the 2014 World TAR Stadium will be one that ernment will continue with its ing to discuss the way forward Junior Championships. If suc- they, along with everybody mandate to give cash incen- as it pertains to the co-opera- cessful, it will be the first time who visits it, will enjoy. tives to those athletes who tion of both the athletes and that the championships has When asked about the pos- have qualified for finals and the ministry, but more impor- been staged in the region sibility of seeing more of the even greater to those who tantly to rally them for the since Jamaica hosted it in elite athletes showcased in a medal. There was no increase final four days of competition. 2002. national arena, Maynard said in the incentives. "I thought the meeting The 13th IAAF World Jr the government intends to do Veteran sprinter Debbie went very well," said May- Championships was held in just that at the stadium with Ferguson-McKenzie, who nard, who got a chance to Moncton, New Brunswick, SPORTS MINISTER Charles Maynard (center) speaks with some its Wall of Fame set up, simi- serves as the team captain, answer some direct questions Canada, July 19-25, 2010, members of Team Bahamas at the Games Village. lar to that at the Lynden Pin- said she thought Maynard's from the athletes and team where Shaunae Miller made dling International Airport. remarks were very positive officials. history as the first Bahamian But he also told the athletes and she feels that he's trying "It was very encouraging to win the women's 400 SEE MORE PHOTOS ON PAGES 4 & 5E that he and Munnings, a for- to go in the right direction for me to take the time out metres. mer World Championship 4 with the economy in its pre- and to give them some "The bid package is due in Maynard declined to reveal around the world that are x 400 relay medallist, have sent state. encouragement towards the tomorrow (today)," he said. the monetary figures of the involved in the IAAF. The been working on a pro- "We have to be thankful second half of this meet. I just "The Director of Sports, bid because it is in its prelim- uncertainty of the event is the gramme that will showcase all for what we get, even though wanted to let them know that along with the BAAA, have inary stages, but he noted that finish time of the national sta- of the elite athletes even more some athletes feel that they the Bahamas Government been working on the package while it is a very expensive dium in its entirety with all of by producing ads for radio, deserve more," she said. "I and people of the Bahamas and we expect to submit it. venture, the benefits can be its work. That prevented us television and the newspapers think it was very positive and is behind them 100 per cent We feel comfortable about it. "humongous for the from bidding on anything else that will display their athletic it's heading in the right direc- and they are rooting for But these things are not just Bahamas," he said. "It will be before that like the World and scholastic achievements. tion and hopefully now the them." about submitting the bid, but a great touristic advantage, Youth in 2013. But we are He advised the athletes to athletes will be even more During his address, May- lobbying for it and we have but it will also be a way of us happy to be able to be in a make sure that whenever they motivated to go out there and nard was able to assure the been doing our share of rub- featuring our brand new sta- position to go after the World return home, to get in touch put their aquamarine, gold athletes that all is well in the bing shoulders with the vari- dium in grand style. Juniors in 2014." with his ministry to ensure and black on and go out there Bahamas as far as Hurricane ous players in the IAAF. So "It will be the biggest event The new Thomas A Robin- that they get all of the neces- and compete regardless of Irene is concerned and that we feel good about the that we have ever hosted, son Track and Field Stadium, sary data so that they can start what. I think it's been posi- there is no need for anyone prospects of our bid being the attracting people from all which is a gift from the Peo- the process as soon as possi- tive and we are very thank- to panic. He also brought one getting chosen for 2014." over the 200-plus countries ple's Republic of China, has ble. ful."

TRIPLEFROM pag eJUMPER 1E LEEVAN ‘SUPERMAN’ SANDS ‘ANXIOUS’ TO COMPETE IN PRELIMS 2009. Along the way, Sands garnered enough energy to pop the third best jump for the bronze medal at the 2008 Olympic Games in Beijing, China. He was also the runner-up at the IAAF/VTB Bank World Athletics Final in Thessalonika in 2009 after he got sixth in the same meet in 2008 and fifth both times in Stuttgart in 2007 and Monaco in 2005. The national record holder at 17.59 metres (57-feet, 81/2-inches) has done a season's best of 17.13m (56-21/2) which ranks him as the RACE READY: Head coach Fritz Grant (left) with Cache Armbrister. The semifinal 13th best jumper in the world this and final of the women's 100 metres will both be on the same day and, if she is giv- year. But by Sunday, he hopes to en a leg to run, Armbrister will be the last member of the Bahamas' 18-member team change all that when he's finished SPORTS MINISTER Charles Maynard with Leevan Sands in Daegu. competing. to taste the track at the colourful Daegu Stadium. "First things first. I have to qual- 57-9), I might medal. I might win. Hopefully, his performance will ify to get into the final," he said. You never know how the competi- be one that everybody will love too. ready and I get this qualifying jump PR for me. I PR’d twice that morn- "Once you get into the final, any- tion is going on that day." "I've been training hard from since down packed. So I've been on the ing - 16.60m (54-51/2) and 16.90 (55- thing is possible. But I plan to go all And being the competitor that I got here," Sands said. "I train time that I need to be on. And I've 51/2). Then I shut it down. That out in the final because the way this he has proven to be, Sands said he's around 11 o'clock in the morning. been looking good in practice. goes to show that I'm in top form." World Championships has been just going to go with the flow on When I have to go and do the pre- "Last week in my first practice But as he mentioned from the going, it's like anything could hap- the day. "You know how I go," he lims, I will be ready. That is what over here, I jumped 16.90m (55- break, only time will tell how well pen. If I hit a PR (17.60-something charged. "I love the crowd." I've been doing to make sure I'm 51/2) from 12 steps, which was a big he will do.

PAGE 4E, THURSDAY, SEPTEMBER 1, 2011 TRIBUNE SPORTS

SPORTS 13th IAAF World Championships MINISTER MAYNARD, MUNNINGS MEET WITH

MEETING THE MINISTER: Wednesday was an off day for competition at the IAAF World Championships in Ath- letics. So Minister of Youth, Sports and Culture Charles Maynard, accompanied by his new director of Sports, Timothy Munnings, thought it was a good time to gather Team Bahamas together for a meeting to dis- cuss the way forward as it pertains to the co-operation of both the athletes and the ministry, but more impor- tantly to rally them for the final four days of competition. Here, they can be seen in the Games Village.

TRIBUNE SPORTS THURSDAY, SEPTEMBER 1, 2011, PAGE 5E

SPORTS 13th IAAF World Championships TEAM BAHAMAS IN DAEGU, SOUTH KOREA

MEETING THE MINISTER: Wednesday was an off day for competition at the IAAF World Championships in Athletics. So Minister of Youth, Sports and Culture Charles Maynard, accompanied by his new director of Sports, Timothy Munnings, thought it was a good time to gather Team Bahamas together for a meeting to discuss the way forward as it pertains to the co-operation of both the athletes and the ministry, but more importantly to rally them for the final four days of competition. Here, they can be seen in the Games Village.