BAHAMAS EDITION Volume: 106 No.209 TUESDAY, AUGUST 3, 2010 PRICE – 75¢ (Abaco and Grand Bahama $1.25) MOURNERS in DRAMATIC BOARDWALK RESCUE E D

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WEATHER ! EW N McCOMBO OF THE DAY HIGH 92F THE PEOPLE’S PAPER – BIGGEST AND BEST LOW 79F The Tribune SUNNY WITH A SHOWER BAHAMAS EDITION www.tribune242.com Volume: 106 No.209 TUESDAY, AUGUST 3, 2010 PRICE – 75¢ (Abaco and Grand Bahama $1.25) MOURNERS IN DRAMATIC BOARDWALK RESCUE e d

i By AVA TURNQUEST s

d Tribune Staff Reporter o

o [email protected] W

c i r

l THESE are the dramatic moments when U / bystanders and tourists rushed to rescue the victims s o

t of a horrific boardwalk collapse. o

h The terrified victims were among a 50-strong par- P ty of mourners who had turned up on Saturday morning to pay their last respects to 32-year-old Sharmaine Smith-Downy. SEE page nine

HORROR WEEKEND Fishing guide is murdered in Exuma WOMAN QUESTIONED AFTER MAN STABBED TO DEATH By AVA TURNQUEST addition to the four men Tribune Staff Reporter assisting police two others are [email protected] being sought. Chrislyn Skippings, press POLICE are questioning officer of the Royal Bahamas four men following the mur- Police Force, said there was der of a well-known fishing no information to suggest the guide in Exuma. incident was drug-related at Cely Smith, 45, was at his this time. home in Stuart Manor on Police have also disputed Sunday morning when four claims that the incident was gunmen with dreadlocked linked to a fight which took hair kicked down his door and place yesterday in a nightclub fired gunshots in his direction. in Black Point, a settlement Mr Smith later died of his 15 minutes away from Stuart injuries at a local clinic. Manor, where two men got Sources close to the inves- into an altercation which tigation report that four men resulted in one of them being helping police with their gun butted and flown to hos- inquiries were arrested by pital in Nassau. Drug Enforcement Unit offi- According to relatives, Mr cers off the Montagu fore- Smith had seven children and shore. had lived at his two-storey It is believed that after home in Stuart’s Manor for shooting Mr Smith, the cul- nearly 15 years. prits fled to Staniel Cay where On the morning of his they commandeered a white shooting, four of his sons were THE BODY is removed from the scene on East Bay Street. Felipé Major/Tribune staff coloured go-fast boat and present – two of whom are headed for New Providence, still in high school. By ALISON LOWE band was stabbed to death Bay Street. death, said Mr Williams was however police were last night A family member said: Tribune Staff Reporter in a parking lot. While the victim has not arriving for his work shift at tight-lipped over the details. [email protected] The killing took place in been formally identified, about 9pm on Saturday as a It is understood that in SEE page eight the vacant lot located The Tribune understands his security guard securing A 43-YEAR-OLD between the Green Parrot surname is Williams. property belonging to US- woman was last night being bar and Bahamas Air Sea A manager at the Green based civil engineering firm PLEASE NOTE THAT, DUE TO TECHNICAL ISSUES, questioned by police after a Rescue Association (BAS- Parrot Bar and Grill, which SEE page eight THERE IS NO USA TODAY IN TODAY’S TRIBUNE man believed to be her hus- RA) headquarters on East is next to the site of the Two die in tragic opening $600,000 worth of drugs 400 attempt to illegally to the crawfish season seized after chase, shootout enter Bahamas in two days By DENISE MAYCOCK By DENISE MAYCOCK LOCAL and international law Tribune Freeport Reporter Tribune Freeport Reporter enforcement agents in the past two days [email protected] [email protected] have apprehended more than 400 people attempting to enter the Bahamas ille- FREEPORT – The opening of the FREEPORT: Grand Bahama Police gally. crawfish season on Grand Bahama was seized almost $600,000 worth of illegal The influx has caused the Royal marked with tragedy when two men died drugs and arrested two men, one of whom Bahamas Defence Force to increase its in separate crawfishing incidents in the was shot during a high-speed chase and patrols at sea and in the air. The US West End and East End areas. shootout with officers. Coast Guard has reportedly done like- According to police reports, the body Assistant Superintendent Hector Delva wise. of one man was pulled from the waters said police are searching for a third man The first group, 159 Haitians, were who escaped after the vehicle being pur- near Memory Rock on Monday. His apprehended on Friday north west of sued by officers crashed into a tree. Great Inagua by the US Coast Guard identity is being withheld by police. According to reports, DEU officers were SEE page eight SEE page nine SEE page eight

NASSAU AND BAHAMA ISLANDS’ LEADING NEWSPAPER

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PAGE 2, TUESDAY, AUGUST 3, 2010 THE TRIBUNE

LOCAL NEWS Police in Florida confident they have EMANCIPATION DAY PHOTOS/FELIPE MAJOR found remains of Bahamian woman By ALISON LOWE missing. Her disappearance according to local reports. Tribune Staff Reporter was not reported to police The first signs that law [email protected] until three months later. enforcement officials may Foul play was suspected, have found Darice’s POLICE in Florida are but no one has ever been remains came on Friday confident they have found taken into custody in con- when police were able to the remains of a Bahamian nection with the matter. locate a foot bone at a woman who went missing A former Miss Bahamas wooded site off State Road there in 2006. contestant and law student, 524 in Brevard County. Cocoa Police Department Darice is the only child of They were reported to believe the body to be that Mario and Princess have unearthed yet more of 22-year-old Darice Knowles. According to bones yesterday, a week Knowles. They were tipped Darice’s cousin, Dana after police called in heavy off to the location by a Munnings, many of her equipment to begin clear- prison inmate. family members in Nassau ing the area where they Barbara Matthews, a MISSING WOMAN: have been locked in a state believed her body may have Darice Knowles spokesperson for the Cocoa of denial over the disap- been located. Police Department in Bre- pearance. "Part of the thing that has vard County, Florida, told a Ms Matthews. This weekend, detectives kept us driven for the last local newspaper that police The discovery of Darice’s were said to be unwilling to four years to find her body had not “positively identi- suspected remains revives discuss what may have hap- was the fact that we wanted fied” the remains, but were what had become a cold pened to Darice, but said it to give the family closure,” nonetheless “certain” that case file for local police. was likely she knew her said Ms Matthews. “Of they belong to the Bahami- Darice was said to have attacker. course, after we do what we an. flown to the US from Nas- One of the suspects in the need to do, everything will “She’s pretty much intact sau in March 2006 to visit matter went with police to be turned over to the fami- and you can make out the male friends from the the scene to help find where ly so they can give her a outline of her remains,” said Bahamas when she went Knowles’ body was located, proper burial."

SCENES from the Emancipation Day Junkanoo parade at Fox Hill yesterday morning. Crowds and Junkanoo groups took to the streets to celebrate the historical date. Police receive information, but have yet to identify body By DENISE MAYCOCK known to frequent the area, Tribune Freeport Reporter but we are still trying to make [email protected] some determination and so we are awaiting the results of FREEPORT – Grand an autopsy,” Inspector Hector Bahama Police have received Delva told The Tribune. information from the public On Wednesday, police dis- that could possibly help iden- covered the partly decom- tity the decomposed body posed body of a black male, found inside a high voltage dressed in white t-shirt and building on Kings Road. dark trousers. A dog was also “We have an unconfirmed found dead. identity of a person who was A Grand Bahama Power Company statement said: “We are saddened to learn of the recent loss of life found at our premises on Kings Road. “We are satisfied that every reasonable precautionary measure was taken to prevent such an unfortunate mishap from happening.”

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THE TRIBUNE TUESDAY, AUGUST 3, 2010, PAGE 5 LOCAL NEWS Marsh Harbour airport renovations set to take off Architectural design contract awarded

By MEGAN REYNOLDS Mr Grant said the new building will give visi- Tribune Staff Reporter tors a “sense of place” as well as offer more facil- [email protected] ities, including indoor arrival and departure lounges, airline offices and storage areas, and LONG-AWAITED renovations for Marsh offices for the police, security staff and airport Harbour airport were set in stone yesterday as a manager. contract for the new architectural design was “Abaco continues to develop at a rapid place,” awarded yesterday. the minister said. Minister of Public Works Neko Grant flew to “It has the third largest population after New Abaco with a team of delegates from his depart- Providence and Grand Bahama. ment to award the $600,000 contract for the “Furthermore, it is estimated that in excess of $10million development to Freeport company 200,000 passengers utilise the Marsh Harbour The Architects Incorporated in Marsh Harbour. International Airport annually. An estimated 200,000 passengers pass through “It is against this background that the govern- the Marsh Harbour airport every year, and Aba- ment is proceeding with this plan to construct a conians expect many more will visit when the larger, modern, state-of-the-art facility.” expansion is complete. The Marsh Harbour airport project follows They hope the expansion promised in the completion of a new 6,100 ft jet runway, conver- FNM’s 1992 manifesto will drive down high inter- sion of the original runway into a jet taxi-way and national ticket prices and encourage more direct installation of new signage and lighting. travel between the United States and Abaco. Eight Bahamian architecture firms submitted The 24,000 sq ft single storey terminal and fire fee proposals for the works, and The Architects crash facility to be built west of the existing ter- Incorporated won the bid with a fee of six per minal has been designed with space for expansion cent of the construction cost and a commitment in all directions, as it replaces the existing 3,315 sq to provide tender documents for construction ft facility which will be converted and utilised. within three months. Bahamian film ‘Rain’ makes a splash at signing By MEGAN REYNOLDS “I do believe it is a film that Tribune Staff Reporter will leave you proud to be mreynolds@ Bahamian!” tribunemedia.net The common Bahamian story of a child who forgoes the WRITER, director and sheltered simple life of her producer of Bahamian film home in Ragged Island after ‘Rain’ signed copies of the the death of her grandmother, newly-released DVD for fans played by Irma P Hall, to seek this weekend. out her estranged mother in Filmmaker Marian Govan’s the big city of Nassau, told film about a 14-year-old girl’s in 'Rain', is also a universal journey from Ragged Island to coming of age tale. inner city Nassau in search of Ms Govan described how her estranged mother after her Rain's dreams of a loving grandmother’s death has won reconciliation are quickly critical acclaim around the shattered when she meets world since its release at the Glory, played by Nicki Bahamas International Film Micheaux, a scarred, Festival (BIFF) in December proud, guarded woman 2008. bearing no resemblance It premiered on the US cable of the mother she had TV channel “Showtime” in Jan- actors hoped for. uary and was released on DVD to support the film. Glory's self-destructive this week, to be sold on Internet Ms Govan said: “We have to lifestyle, diminished by drug shopping giant Amazon.com as realise that investment in film is abuse is rudely awakened by well as stores across the United really important, in that it the imminent role of mother- WEATHER NEWS States. impacts the entire economy. hood. Sales of the DVD will not “It's time we begin cultivating "Confronted by unforesee- only repay Bahamian investors alternative means of generating able trials, Rain's passion for in the film and afford them income while utilising our cre- running and deeply-rooted spir- METEOROLOGY DEPT EYES TROPICAL DEPRESSION some profit, it will also support ative talent. it brings two allies into her life: THE Department of way off”. for the US Atlantic the success of the film at large. “Bahamians are such a cre- An insightful and inspiring track Meteorology is paying close However, the forecasters seaboard and the Carolinas, During the filming, the crew ative people and yet our cultur- coach, played by CCH Pounder, attention to a tropical said that by Friday or Sat- but it may yet “swing out and cast stayed at a Cable al landscape can feel void at and a charming rebellious depression which has urday evening, meteorolog- to sea”, according to Beach hotel, rented trucks and times. teenage neighbour. In time, formed in the Atlantic and ical officers will be able to reports. cars from local businesses, hired Rain's spirit and talent take her “As we face forward, culture which had reached very make a better determina- Its location at 5pm yes- local caterers, musicians and will need to take a front seat. to unimaginable heights," Ms “Film is a powerful vehicle Govan said. near tropical storm status tion in this regard. terday was recorded by the that can serve our community "Shot in a style that combines last night. The tropical depression is US National Hurricane on so many levels both spiritu- gritty realism, a bold and unfor- According to Senior the fourth of the hurricane Centre as: 13.0 degrees ally and practically. gettable colour palette, soulful Meteorological Officer season, and if it does fur- north, 42.5 degrees west, “So for those of you who Bahamian music, and the use Geoffrey Greene, it is too ther develop, it may become moving west north west at wish to support new, creative, of local actors alongside sea- early to say if the weather Tropical Storm Colin. 16 miles per hour with max- Bahamian industry, buy a copy soned pros, ‘Rain’ takes us on a system will directly impact At present, it is on a tra- imum sustained winds of 35 of ‘Rain’, buy two, and tell your journey into the heart of a child, the Bahamas as it is a “good jectory which sees it headed miles per hour. friends and family to do the the pulse of a country and the same. spirit of its people."

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PAGE 6, TUESDAY, AUGUST 3, 2010 THE TRIBUNE No trade without help on undeniable climate change By SIR RONALD of them, particularly in the sional financing because, on SANDERS Pacific and the Indian the measurement of per capi- Oceans, is threatened. ta income, they are rated as (The writer is a Consultant Caribbean islands too are middle-income countries. and former Caribbean endangered as are countries The point is that small Diplomat). such as Belize and Guyana states are the casualties of with low lying coastlands. climate change but the large CLIMATE change is now WORLD VIEW In the latter case, coastal industrialized nations that undeniable according to a erosion is reducing beaches cause the problem are doing new study headed by the US pheric Administration. It is affect on small island states. that are crucial to the little to help them cope with National Oceans and Atmos- already having a disastrous The very existence of some tourism industry on which all the difficulties that have of the small Caribbean already been created and islands now depend. The that are worsening. The Atlantic coasts of both member countries of the Guyana and Belize are Organisation for Economic below sea level, but it accom- Co-operation and Develop- modates most of their popu- ment (OECD), which are the lations and their agricultural world’s most industrialized lands. Sea-level rise, there- countries, are responsible for fore, threatens all of them. SIR RONALD SANDERS an estimated 77 per cent of The challenges that cli- the total greenhouse gases mate change poses to small silliness of the argument, the which were emitted in the states are not only over- tiny Caribbean island, past. whelming, they are impossi- Montserrat, with a popula- The IFI’s that are con- ble to meet from the scarce tion of 10,000 people and no trolled by the OECD gov- resources of the govern- manufacturing or industrial ernments have no machinery ments. production of any magni- in place to provide small In a recent speech in tude, was rated at number 17 states (especially those in the Trinidad and Tobago, the in the world. Caribbean who have been Prime Minister of St Vincent The reality is that, despite graduated from concessional and the Grenadines put the the per capita argument that financing) with soft loans or matter in clear terms when developed countries and grants to help them mitigate he said: “In mountainous international institutions are the impact of climate change, States like my own, over 80 fond of using to measure a on their key trade sectors, per cent of our major infra- range of issues to procure a including agriculture, fish- structure is located along our desired (but illusionary) eries, forestry and tourism. coastline, within a few feet result, small states contribute And, the terms of trade of the inexorably rising seas. little to global warming but are punitive rather than The cost of adaptation and they are its primary victims helpful. A case in point is the preservation of our infra- as evidenced by sea-level Economic Partnership structural developments are rise, stronger and more fre- Agreement (EPA) between daunting, and beyond our quent hurricanes, flooding the European Union (EU) individual capacity to and other natural disasters. and individual small coun- address.” These same small states tries in the Caribbean and While small states are the are also the victims of the the Pacific. Nowhere in the primary victims of climate worst trading arrangements EPA is there an acknowl- change, they are the least in the world. edgment by the EU that its contributors to the green- The World Trade Orga- greenhouse gas emissions are house gas emissions that, as nization (WTO) makes no adversely affecting climate many studies have con- provision for their special cir- change and harming small firmed, are causing climate cumstances, nor does the island states and states with change and global warming. International Financial Insti- vulnerable coastlines. And, Together, the harmful emis- tutions (IFIs) such as the nowhere is there a correla- sions of greenhouse gases International Monetary tion drawn between the cost from all small states account Fund (IMF) and the World of such harmful effects and for less than 0.1 per cent of Bank. Hence, small islands trade benefits that could be the global total. such as St Lucia (100,000 granted. In a fatuous argument, the people) and St Kitts-Nevis Indeed, small states are US Department of Energy’s (50,000 people) are treated punished twice for their Carbon Dioxide Information in the same way in the WTO innocence. Their key trade Analysis Centre had rated as the United States (350 sectors are compromised by Trinidad and Tobago at million), Canada (33 million) climate change caused by number 9 in the worst emit- or the European Union (400 industrialized nations, and ters of harmful gases in the million). No special rules then they are made to open world in the year 2007. apply. up their markets for a flood However, the measurement In the IFIs, many small of goods and services from was based on population states – and certainly all the industrialized nations on size, not on the volume of those in the Caribbean – are the false idea of reciprocal emissions. To underscore the “graduated” from conces- treatment. The WTO admits that “global greenhouse gas emissions have roughly doubled since the beginning of the 1970s. Current estimates indicate that these emissions will increase by between 25 and 90 per cent in the period from 2000 to 2030.” China, India and Brazil (now G20 countries) will be three of the large develop- ing countries contributing to the projected increases, and they too have a responsibili- ty to face up to the harm that they are doing to small countries that lack the financial means to pay for adaptation and mitigation. There is clearly need for a major change in the IFIs in their policies toward small and vulnerable economies. The insistence on per capita income as a measure to grad- uate countries from conces- sionary financing has proven that, by itself, it is an illogical calculation for the capacity of small countries. But, the trade rules in the WTO also have to be adapt- ed to cater for small and vulnerable states more widely and effectively than they do. A special category of special and differential treatment for small states is necessary both to provide these countries with the means to cope and, also, to make the WTO rele- vant to their needs. Small countries should refuse to sign any more agreements until their plight is acknowledged and machinery established to address the harmful effects of climate change on them. A growing body of litera- ture now exists on the problems of climate change and trade for small states. But, the governments of small states themselves should be making the case in the WTO and the IFI’s in a persistent fashion. A high-level team drawn from the Caribbean, Pacific, and the Indian Oceans should be created to press their case at the next meeting of the G20. It would be a good occasion for frank talks between offenders and suf- ferers on an issue of human survival. Responses and previous commentaries at: www.sirronaldsanders.com

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PAGE 8, TUESDAY, AUGUST 3, 2010 THE TRIBUNE

LOCAL NEWS Woman questioned after man is stabbed to death FROM page one still sitting in their car in the tragedy,” he told The Tri- parking lot when the stab- bune. bing occurred. Nonetheless, fearing that American Bridge, which is They are said to have run it could hurt his business, located in the dirt lot, when in to Green Parrot to alert the owner also distanced his he was attacked. security officers, who con- establishment from the American Bridge’s tacted the police. crime, pointing out that Bahamian subsidiary, Another witness was a none of those involved had American Bridge Bahamas Green Parrot chef who been patrons of the bar that Ltd, is constructing part of arrived on the scene shortly evening and the attack took the new Arawak Cay port, after Mr Williams was place outside of the bounds which is being developed attacked. of the popular hangout. by a public-private partner- According to the manag- “I called ZNS when I saw ship made up of the Gov- er at the Bar and Grill, a their report which said it ernment and 19 private sec- woman was still standing happened at Green Parrot tor stakeholders. over the body when the to tell them it was not actu- According to the Green chef arrived. ally us, it was the American Parrot manager, a woman “She was freaking out. Bridge property,” said Mr and the victim arrived She told him to shine his Moree, acknowledging that together in a maroon- flashlight on the body,” said Green Parrot does utilise coloured Chevrolet Blazer. the manager. the space as a parking lot She followed him out of the Peter Moree, owner of on busy evenings. car. He was stabbed a num- the Green Parrot Bar and Police yesterday identi- ber of times. Grill, expressed his sadness fied the woman being ques- The man, who was wear- and that of his staff at the tioned as a resident of Nas- ing khaki pants and a black killing. sau Village, and a “relative” stripe shirt, died at the “It’s an absolute of the deceased. scene. Witnesses reported that a young boy, thought to be his son, was in the car at the time. There were a number of Fishing guide is witnesses to the attack, including someone who was murdered in Exuma FROM page one

“Three of them escaped, the oldest one and the two younger ones, one stayed behind, but he was unharmed. I think the older one tried to wake him up but he wasn’t getting up so he escaped with the younger ones.” The three sons reportedly jumped from an upstairs win- dow and ran into nearby bushes. Mr Smith is the country’s 55th homicide, and police confirmed a team of officers from the Central Detective Unit have been flown into Exuma as investigations on the island continue. Though married, family members said Mr Smith had been separated from his wife for several years. He had 12 brothers and five sisters, and his mother, Mrs Eugene Smith Sr, 74, has lived in Stuart Manor for nearly 60 years. Mrs Smith described her son as a good boy during his childhood, however she said she could not account for his life as a man. Mrs Smith said: “The whole island is in shock, this is the first major crime in this settlement. We never had no crime, I hard- ly lock my doors. Sometimes I lock my doors or when my children come they will lock the door.” Two die in tragic opening to the crawfish season FROM page one are saddened following the apparent drowning of 35- Senior Assistant Quinn year-old Nixon Mitchell, of McCartney reported that the Sweeting’s Cay. victim and two other men The fishermen were check- were out crawfishing. Two of ing on their crawfish traps on the men had dived overboard Sunday when Mr Mitchell to retrieve traps while the vic- failed to surface after a rea- tim waited on the boat. sonable time. “Our preliminary investi- He was pulled from the sea gations indicate that the per- bottom by his brother, who son in the boat fell overboard. performed CPR. A doctor The boat went out of control pronounced him dead at the and he sustained serious scene. injuries that resulted in his High Rock MP Kenneth death,” said Mr McCartney. Russell said Mr Mitchell’s The victim’s body was death is a shock to the East brought to shore at Old End community. Bahama Bay and transport- Mr Russell is urging peo- ed by hearse to the Rand ple to make sure that they are Memorial Hospital, where an well trained before they go autopsy will be held to deter- diving for crawfish. mine the cause of death. Police are investigating In East End, residents there both incidents. 400 attempt to enter Bahamas illegally FROM page one

Cutter (USCGC) Legare. Meanwhile, that same day, the Royal Bahamas Defence Force removed 177 Haitians (129 men, 43 women and five children) from Channel Cay in the southern Bahamas. These migrants were apprehended by police and Immigration officials in Exuma after their vessel reportedly ran aground on the island. It is believed this latest group was onboard a Haitian sailing sloop the Defence Force had been searching for since Wednes- day morning During the operation, a Haitian man jumped overboard while being transported. A search for him is under way. The following day, the USCGC Chandeliur, with a Bahami- an ship rider (Defence Force Marine) onboard, stopped a go fast boat in the area of Memory Rock, north of Grand Bahama, transporting 15 illegal migrants. When officials boarded the boat, they found five Jamaican men, four Haitian men, four Haitian women, one Peruvian man, one Peruvian woman and four Bahamians. The four Bahamians and 15 illegals were handed over to the police and immigration authorities in Freeport. Later on, 99 Haitians were apprehended in the Exuma chain by the Royal Bahamas Defence Force. While on patrol, Defence Force vessel EF 27 spotted a Hait- ian sailing sloop in the area of Shroud Cay. Upon further investigation, they discovered 75 men and 24 women) aboard the vessel. The operations conducted over the two days has netted 450 illegal migrants apprehended by police, immigration, USCG and the RBDF. All of the Haitians are expected to be transported back to Haiti by the United States Coast Guard. “The RBDF is concerned with these recent events and has since increased its patrols at sea and in the air. The US Coast Guard has reportedly done likewise,” a statement released by the RBDF yesterday said.

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THE TRIBUNE TUESDAY, AUGUST 3, 2010, PAGE 9 LOCAL NEWS

THE collapsed boardwalk after Saturday’s accident. Mourners in boardwalk rescue THE LIGHT BULB CENTRE at the Nassau Glass Lighting Centre FROM page one rapher hired to document the ceremony, said he heard the They had earlier attended a nails on the boardwalk give way funeral service for Mrs Smith- underneath the weight of peo- Downy at Christ Community ple, just before it collapsed. Church, on Bellot Road, and “It was really a community gathered at the boardwalk near effort, he said, “as soon as it hap- the Beach Club Café, Sandyport, pened everybody came over and to scatter her ashes into the sea. assisted, jet-ski operators, beach- But panic broke out when a goers, tourists as well.” section of the boardwalk, which Mr Woodside said the remain- is connected to an adjacent gaze- ing mourners continued the cer- bo, collapsed underneath about emony and scattered Mrs Smith- 25 people, including children as Downy’s remains into the sea young two. after the situation was under Almost immediately, people control. in the area pitched in to rescue Garth Buckner, president of the fallen loved ones, some of Sandyport Development Com- whom had slipped underneath pany, said the company had little the broken planks. details concerning the incident Five people were taken to but had launched an investiga- hospital by emergency medical tion into the matter. services for minor injuries, one of Mr Buckner said: “The dock whom was said to be an elderly is private property, so the public woman who had suffered a is welcome to use it but we do seizure in the water. ask that we be informed before Some mourners, who had any events are put on so that we safely crossed the boardwalk on can provide adequate security to the gazebo and were subse- and prepare. We were not quently trapped, were rescued informed, so we were not pre- by a fisherman’s boat. pared for anything.” Ulric Woodside, the photog- Police are investigating. REPLACEMENT BULBS $600,000 of drugs seized for all uses FROM page one MEDICINE CABINET BULBS, on patrol around 11.25pm on Saturday when they observed a white 2000 Chevy Astro van exiting Magellan Road. SHOP LIGHT BULBS The occupants were acting in a suspicious manner so officers pur- sued the vehicle and a chase ensued. ASP Delva said there was an exchange of gunfire between the AND MORE!!! suspects and police. The driver of the Astro van eventually lost control of the vehicle and collided into a tree on Tarleton Road, where two suspects If it’s a Bulb - we sell it were apprehended. A third fled into bushes. While searching the vehicle, officers discovered 584lbs of suspected marijuana with an estimated street value of $584,000. NASSAU GLASS The officers also discovered that one of the suspects was shot in the upper shoulder. They were both taken into custody and received Mackey St 393-8165 medical treatment for their injuries. Investigations are continuing.

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PAGE 10, TUESDAY, AUGUST 3, 2010 THE TRIBUNE ‘Inappropriate invasion of privacy’ at Lyford Cay

By LARRY SMITH ered above the law, there frivolous complaint," the or business license, and needs to be greater sensi- spokesman said. "With there was no record of IN the Bahamas, every- tivity by the authorities in respect to the health risks building approvals granted thing is a plot and every- such circumstances." associated with these for resort amenities. There one has an agenda. However, in this case the speakers, there are none – was also no record of a per- We are conspiracy mon- object of the search and unless, of course, they were mit being issued for a heli- gerers of the worst kind – a seizure was not a firearm, knocked over and fell on copter landing pad at the tendency that is amplified which brings me to the sec- your foot." property. by the anonymity offered word "sinister". One poster rant. After all, no one is ond point. This brings me to the All these facilities and by the internet, the diffi- on the popular Bahamas and should be above the Both traditional and main point. more – were being adver- culty of accessing accurate Issues website put it this law. internet "news" sites Property owners clearly tised on various travel web- information, the lack of way: That's the first point I reported as if it were gospel have a longstanding issue sites up to the time of the professionalism of many in "Is it not the job of the wish to make about the the obviously cooked-up with Nygard's development fire. For example, Unusual the media, and the inability police to investigate crime? recent events at Lycay — story that the "firearms" in and operation of a major Villa & Island Rentals of of some to think critically, Or was this action egre- just how ridiculously inap- question at Lyford Cay resort over many years at Richmond, Virginia pro- which is a legacy of our gious because it involved a propriate this invasion of were advanced military- the western tip of the moted Nygard Cay like failed education system. Lyford Cay resident. Every privacy was. It raises seri- grade sonic blasters that Lyford Cay peninsula. In this: The plot at Lyford Cay day regular Bahamians ous questions about judg- could injure people and fact, there is a lengthy his- "For only $42,000 in these days is that behind have investigations levied ment. damage property. Accord- tory of complaints about 2008 (If you add the two the gates of this sinister pri- against them by RBPF, so Lawyers say that when ing to one "knowledge- noise pollution emanating staterooms on the yacht the vate community are rich, if this was Tony who lives the police have reasonable able" report, the equipment from the Nygard property total price will be $47,000 white foreigners who are in Bain Town, and the suspicion, a warrant is not was of "a type which is as well as other land use per day). Your group of getting away with murder police received information required to search for used by Israeli intelligence issues associated with unau- celebrities, executives, and deploying advanced that weapons were seen on firearms or dangerous and has the affect of caus- thorized dredging and sports moguls or any per- weaponry with impunity. the premises, what should drugs in the Bahamas. They ing you to get loose bow- reclamation of the sea bed son celebrating a birthday, Well, there are certainly the police do? No one is can enter your home or els." to the detriment of neigh- anniversary, seminar, wed- rich, white foreigners living and should be above the business at will. This right Well, we don't know bouring properties. ding, or vacation can have a at Lyford Cay — along law." of entry, they say, is based what kind of "intelligence" After initially trying to trip of a lifetime. Special 4- with many members of our Well, by that logic if I on the need for police offi- the police employed in this resolve these issues amica- hour dinners are available own black and white elite. tell the police that Hubert cers to react immediately case, but we did hear a bly, Bacon turned to the for $300 per additional per- And it is most definitely a Ingraham and Perry to intelligence reports in broadcast on Island FM Lyford Cay Property Own- son above 20 people. The private community. I have Christie are stockpiling the public interest. It is a just before the raid when a er's Association to register Cay can hold up to 600 been admitted only twice weapons at their old law hangover from colonial talk show caller bracketed these complaints. At least people. Unusual Villas and in the last two decades – on office to mount a coup, times aimed at countering Commissioner Greenslade 16 complaints were made Island Rentals is open 24 both occasions to attend a Commissioner Greenslade armed insurgencies in the about ultrasonic weapons to police and Lyford Cay hours per day, 365 days a social event. should order his special former British Empire. being used with impunity security in the first half of year, for any information But the narrative subtext force commandos to hand- by rich, white foreigners at this year alone, the requests and booking poli- that has lately been cuff the former law part- Lyford Cay. Greenslade spokesman said. "The con- cies for Bahamas Luxury attached to the activities of ners together while picking Judgment said he would deal with the tinued escalation of Nygard Cay." through their things for sev- this very reserved commu- But although police can matter expeditiously Nygard's late night parties eral hours without a war- nity is best captured by the enter premises without a because, after all, no one is and his refusal to abide by Resort search warrant from a or should be above the law. Lyford protocols left few But these "ultrasonic options, but an effort to judge, it is expected that a Since the fire last year, weapons" were actually return in kind the music high degree of common Nygard has been seeking high-end outdoor speakers that he broadcasted." sense, good judgment and government approval to (google Meyer Sound SB- Nygard acquired his ordinary decency will be rebuild the resort. In recent 1). They are easily pur- property in 1984 and it is applied, one lawyer told months he has been mak- chased in the US and were well known that construc- me. "Normally the appoint- ing press statements about legally imported. Police tion has been non-stop for ment to particular duties a $50 million investment, returned the speakers no the past 20 years, continu- carries with it standing and touting the many jobs this less than three hours after ally disturbing neighbours assumed authority from the would create: "‘I want to they were seized. And and the Lyford community commissioner that general- do it like Atlantis in two or although they have yet to in general. There are ly empowers detectives to three years (and) that make a public statement, apparently no specific hunt for firearms and would take a lot of people," an inquiry is said to be covenants that prevent drugs. he said recently. underway and meetings "lawful" activities on the "However, it is easy to Observers say it is no have been held to soothe Nygard property, but the abuse such a system, and coincidence that the police ruffled feathers at Lyford site is zoned for single fam- our police often do not go raid on Bacon's property Cay. ily use and the conflict with for warrants even when occurred several days after The speakers were used the residential nature of the there is the time, or the cir- it was reported that Nygard at Point House, the home exclusive community is cumstances are appropri- received a letter from the of American financier obvious. ate to do so. Partly, this is Office of the Prime Minis- Louis Bacon, as a response Until a large portion of because of the scale of the ter demanding that he to aggravated and contin- the resort burned down last task they face, but there is restore his property to its ual noise harassment from November due to an elec- also a disturbing trend of original deeded footprint. the adjacent property of trical fault, advertised facil- just showing up and "What has now become Canadian fashion mogul ities included a disco with a demanding entry to search increasingly evident is that Peter Nygard. 100-person dance floor, a for firearms or drugs. This much of the expansion and According to a human aquarium, water- erodes our civil liberties continued work at Nygard spokesman for Bacon, "the slides, movie theatre, two and sophisticated criminals Cay has occurred on Crown intent was to counterbal- yachts, swimming pools, can and do impersonate land without permits." ance loud music that origi- tennis, volleyball and bas- officers using the same The letter from the nated from the Nygard ketball courts, 10 bedrooms words. OPM ordered Nygard to property (by directing) it and a helicopter landing "These things are very "remove any structures that back to the specific loca- pad. Nygard has been seek- hard for international per- would have been erected tion of the music. This was ing government approvals sons, especially Americans, on this land over the years" intended to repulse music to rebuild the resort. to understand, because and advised that "going for- originating from Nygard's At one point, Nygard their rights of privacy and ward no applications for property after it reached a wanted to build a restau- premises are so well construction on, or occupa- certain decibel level. rant on nearby Golding entrenched in law. This tion of, the accreted land "It is unfortunate that Cay, a Bahamas National means that although inter- will be approved by any the police were diverted Trust bird sanctuary. He national second home own- agencies of the govern- from their work by such a also sought to import exot- ers should not be consid- ment." ic animals, add a dolphin So, does the plot thick- enclosure and build a shark en? It will certainly be tank. Dredge pumps have interesting to see how this been used almost continu- Sandals Royal Bahamian Spa Resort unfortunate melodrama ously for years to move plays out in the weeks and sand from the bay onto the & Offshore Island months ahead. shoreline at the resort. Invites applications for the positions of: But a report prepared in 2008 for the Lyford Cay What do you think? Property Owners Associa- Send comments to ENVIRONMENTAL tion by Melanie Roach (a [email protected] former public works direc- Or visit COORDINATOR tor) determined that www.bahamapundit.com Nygard did not have a hotel

s 7ORKING KNOWLEDGE AND EXPERIENCE WITH %NVIRONMENTAL AND #ONSERVATION POLICIES AND PROCEDURES s 7ORKING KNOWLEDGE OF CONDUCTING 0ROPERTY )NSPECTIONS s 7ORKING KNOWLEDGE OF OUTSIDE %NVIRONMENTAL AND %NERGY #ONSERVATION PARTNERS TO ENSURE COMPLIANCE s %XCELLENT ORAL AND WRITTEN COMMUNICATION SKILLS s %XCELLENT LEADERSHIP SKILLS s !BILITY TO SINGLE HANDEDLY DIRECT AND MANAGE VARIOUS PROJECTS AND PROCESSES s !BILITY TO WORK WITH SEVERAL DEPARTMENTS TO ENSURE COMPLIANCE WITH ENVIRONMENTAL STANDARDS s -UST BE COMPUTER LITERATE IN %XCEL AND 7ORD s )NDUSTRY EXPERIENCE IS A PLUS

Applications should be faxed in to :- 327-6961 or email [email protected]

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THE TRIBUNE TUESDAY, AUGUST 3, 2010, PAGE 15 LOCAL NEWS THE 47TH ENTRY TO ROYAL BAHAMAS DEFENCE FORCE FELIPE MAJOR/TRIBUNE STAFF

BAHAMAS ELECTRICITY CORPORATION

RECRUITS from the 47th entry to the Royal Bahamas Defence Force demonstrated acquired skills during their graduation ceremony on Friday. The graduation also marked the 17th entry since women were allowed to join the force. NEW RATES & BILLING CHANGES

Effective July 1st, 2010 The Bahamas Electricity Corporation (BEC) has introduced new rates for all consumers in New Providence and the Family Islands. Billings for all consumers during this transition period will be carried out as follows:

Bills for the service period May 16th to June 15th with the billing date July 3rd were mailed out on or around July 10th and were due for payment on July 23rd at the old rates;

Bills for the service period June 15th to June 30th were estimated with a billing date of July 15th at the old rates. The bills for this abbreviated period are due for payment on August 6th;

The new rate comes into effect for the service period commencing July 1st, 2010. Meter readings for this service period will take place at the end of July, and bills will be sent out in mid-August. Payment for this period will become due on September 6th, 2010.

Commercial accounts that were billed at the end of June at the old rates will receive their next bill at the end of July at the new rates.

The new rates as of July 1st, 2010 will be as follows:

TARIFF RESIDENTIAL 0-200 units per month 10.95 cents per unit 201-800 units per month 11.95 cents per unit Remaining units 14.95 cents per unit Minimum monthly charge $5.00

COMMERCIAL All units per month 15.00 cents per unit Minimum monthly charge $10.00

GENERAL SERVICE MONTHLY BILLS UNIT CHARGE KVA CHARGE Demand charge per month $11.36 per KVA 0-900,000 units per month 8.70 cents per unit THE NEW RECRUITS fire a ceremonial three gun salute. Remaining units per month 6.20 cents per unit Minimum monthly charge $ 568.00 TEMPORARY SUPPLIES 16.38 cents per unit $20.00 connection fee $10.00 per month Meter Rental FUEL CHARGE (variable per unit to include total cost of fuel)

SPECIAL SERVICES Special Reading, Check Reading, Fuse $5.00 Replacement Meter Test – Minimum charge $10.00 Visit with intent to disconnect Residential Consumer $10.00 Commercial Consumer $15.00 Reconnection Fee $20.00 Returned Cheque Fee $15.00

MINISTER OF NATIONAL SECURITY Tommy Turnquest speaks to the recruits. Should you have any inquiries please call 302-1786 or 302-1639

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PAGE 2B, TUESDAY, AUGUST 3, 2010 THE TRIBUNE RoyalFidelityBUSINESS Market Wrap

By ROYALFIDELITY lead advancer, trading 21,100 an increase of $3.8 million or remained flat over the last $1.17 billion respectively, Dividend Notes: CAPITAL MARKETS shares to see its stock close 37 per cent from $10.1 mil- two quarters. compared to $1.38 billion and FOCOL Holdings (FCL) the week up by $0.05 at $2.55. lion reported in the same CBL's non-interest expense $1.15 billion at year-end declared a dividend of $0.04 It was a slow week of trad- Commonwealth Bank quarter in the previous year. of $13.5 million increased by December 31, 2009. to all shareholders of record ing in the Bahamian stock (CBL) followed, trading 7,298 It was noted that while net $1.5 million or 12 per cent It was noted that while date as at July 30, 2010, market. Investors traded in shares to see its shares close interest income of $27.2 mil- year-over-year, due primarily CBL grew its deposit base payable on August 10, 2010. four out of the 24 listed secu- the week up by $0.02 at $6.04. lion increased slightly by $1 to higher general and admin- over the six-month period by rities, with two advancers and million or 3.9 per cent, up istrative expenses. $15 million, its loan receiv- the other securities remain- BOND MARKET from $26.2 million in the Earnings per share for the ables declined by $24 million, ing unchanged. There was no activity in the comparative period, loan quarter were $0.13, com- with the offset being seen in AGM NOTICE: bond market last week. impairment expense fell sig- pared to $0.09 in the 2009 increased cash /deposits with Bahamas First Holdings EQUITY MARKET nificantly by $4.5 million or second quarter, an increase banks and investments by has announced its AGM will A total of 29,648 shares COMPANY NEWS: 59.6 per cent - from $7.6 mil- of $0.04. CBL, which rose collectively be held at the British Colo- changed hands, representing Earnings Releases: lion to $3.1 million. Total assets and liabilities by $53 milllion during the nial Hilton Hotel on August an increase of 3,128 shares Commonwealth Bank Management noted that of CBL were $1.4 billion and period. 4, 2010, at 5pm. compared to the previous (CBL) released its unaudit- the improvement in loan week's trading volume of ed financial results for the impairment expense was due 26,520 shares. quarter ended June 30, 2010, to improved credit quality EQUITY MARKET - TRADING STATISTICS Colina Holdings (CHL) reporting total comprehen- and the stabilisation of its Week ending 30.07.10 was the volume leader and sive income of $13.9 million, non-performing loans, which BISX SYMBOL CLOSING PRICE WKLY PRICE CHANGE VOLUME YTD PRICE CHANGE

AML ...... $1.04 ...... $- ...... 0 ...... -11.11% BBL ...... $0.30 ...... $- ...... 0 ...... -52.38% BOB...... $5.00 ...... $- ...... 400 ...... -15.25% BPF ...... $10.63 ...... $- ...... 0 ...... -1.02% BSL ...... $ 9.42 ...... $- ...... 0 ...... -6.36% BWL ...... $ 3.15 ...... $- ...... 0 ...... 0.00% CAB...... $11.11 ...... $- ...... 0 ...... 11.32% /,9( :25. ,1 3$5$',6( CBL ...... $ 6.04 ...... $0.02 ...... 7,298 ...... -13.71% (YHU\GD\RIWKH\HDU CHL ...... $2.55 ...... $0.05 ...... 21,100 ...... -6.25% CIB...... $9.74 ...... $- ...... 0 ...... -2.50% CWCB ...... $2.41 ...... $0.09 ...... 0 ...... -15.44% /LWWOH6ZLW]HUODQGLVDFRPSDQ\ZLWKRYHU\HDUVH[SHULHQFHLQOX[XU\UHWDLOLQJZLWKRYHUVWRUHV LQ7KH&DULEEHDQ)ORULGDDQG$ODVND:HVHOOJUHDWQDPHVOLNH%UHLWOLQJ7DJ+HXHU2PHJD5DGR DHS ...... $2.00 ...... $- ...... 0 ...... -21.57% %DXPH 0HUFLHU5D\PRQG:HLO0RYDGRDQGPRUH FAM ...... $6.07 ...... $- ...... 0 ...... -6.47% FBB...... $2.17 ...... $- ...... 0 ...... -8.44% ,I\RXZDQWDFDUHHULQZDWFKUHSDLUZHKDYHDQLPPHGLDWHRSHQLQJLQ1DVVDXIRUWKHSRVLWLRQRI FCC...... $0.27 ...... $- ...... 0 ...... 0.00% :DWFKPDNHULQRXU%UHLWOLQJZDWFKERXWLTXH FCL...... $4.65 ...... $- ...... 0 ...... -2.52% FCLB ...... $1.00 ...... $- ...... 0 ...... 0.00% :DWFKPDNHU FIN...... $8.90 ...... $- ...... 850 ...... -4.09% ICD ...... $5.59 ...... $- ...... 0 ...... 0.00% JSJ ...... $9.95 ...... $- ...... 0 ...... 0.00% 0DMRU5HVSRQVLELOLWLHV,QFOXGH 5HSDLUVFOHDQVDQGDGMXVWVZDWFKHVXVLQJZDWFKPDNHU¶VWRROVPHDVXULQJLQVWUXPHQWVEHQFK PRE ...... $10.00 ...... $- ...... 0 ...... 0.00% PDFKLQHVDQGFOHDQLQJHTXLSPHQW5HPRYHVPHFKDQLVPIURPFDVHDQGH[DPLQHVPHFKDQLVP IRUGHIHFWLYHSDUWV5HSDLUVEURNHQGDPDJHGRUZRUQSDUWVXVLQJKDQGWRROVDQGPDFKLQHV

,PSOHPHQWVHIIHFWLYHLQYHQWRU\FRQWUROVLQFRPSOLDQFHZLWK,QWHUQDO$XGLWVWDQGDUGVWRDOORZIRUWKH BOND MARKET - TRADING STATISTICS HIIHFWLYHDQGWLPHO\RUGHULQJRIZDWFKSDUWVDQGVXSSOLHV BISX SYMBOL DESCRIPTION VOLUME PAR VALUE 3URYLGHKHOSIXODQGDFFXUDWHFRPPXQLFDWLRQDQGIHHGEDFNWRFXVWRPHUVWRHQVXUHSHUVRQDO FXVWRPHUVHUYLFHWKDWZRXOGH[FHHGWKHLUH[SHFWDWLRQV FBB13 BB Series C Notes Due 2013 0 $1,000 FBB15 FBB Series D Notes Due 2015 0 $1,000 3RVLWLRQ5HTXLUHPHQWV FBB17 FBB Series A Notes Due 2017 0 $1,000 0XVWKDYHFRPSOHWHGIDFWRU\WUDLQLQJDQGFHUWL¿FDWLRQE\%5(,7/,1*DQG:267(3RU HTXLYDOHQW FBB22 FBB Series B Notes Due 2022 0 $1,000

6WURQJFRPPXQLFDWLRQVNLOOVDQGDELOLW\WRZRUNFRRSHUDWLYHO\ZLWKRWKHUV INTERNATIONAL MARKETS *RRGRUDODQGZULWWHQFRPSUHKHQVLRQRIWKH(QJOLVKODQJXDJH FOREX Rates 7RDSSO\SOHDVHHPDLORUID[\RXU&9UHVXPHZLWKDFRYHUOHWWHUWR CURRENCY WEEKLY % CHANGE (PDLO 7EDOODV#Q[SFRFRP RUZFDUH\#Q[SFRFRP )D[ CAD 0.9730 0.77 0DLO:LOOLDP&DUH\ GBP 1.5691 1.69 /LWWOH6ZLW]HUODQG EUR 1.3041 0.95 32%R[1 1DVVDX%DKDPDV

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PAGE 2B, TUESDAY, AUGUST 3, 2010 THE TRIBUNE RoyalFidelityBUSINESS Market Wrap

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THE TRIBUNE TUESDAY, AUGUST 3, 2010, PAGE 3B BUSINESS ‘Great injustice’ for contractors

By NEIL HARTNELL BCA chief says Business Licence fee Tribune Business Editor changes fail to recognise ‘extremely high THE Government’s decision risk’ nature of construction industry to increase the Business Licence fee rate by 50 per cent for most contractors “serves a great injus- could add more than $100,000 As a result, he lamented that tice” on the Bahamian con- to their annual fee payable to there was “no incentive to grow struction industry, the Bahamian the Government. our business. The larger you get, Contractors Association’s Referring to last year’s dis- the more they want to tax you”. (BCA) president told Tribune cussions with the Government, Khaalis Rolle, the Bahamas Business, and fails to recognise the BCA president added: “It’s Chamber of Commerce’s presi- the “extremely high risk” firms not fair. Construction is a very dent, confirmed that his organi- could lose money on projects. volatile industry.. The risk of los- sation was arranging a meeting Speaking after this newspa- ing money on a project is with Mr Laing on the contrac- per revealed that the Govern- extremely high. tors’ behalf to discuss their con- ment had abandoned initial “No consideration has been cerns. plans to place “all construction given for such losses. No consid- “It’s a process of we talk companies” in a special category eration has been given for non- about it, and hopefully arrive at where they paid a Business payment by the client. No con- a solution that makes sense,” Mr Licence fee equivalent to 0.5 per sideration has been given for Rolle said. “What I’ve found cent of annual turnover, Stephen growing your company at a time with Mr Laing is that if you pre- Wrinkle said: ‘We’re extremely when unemployment in the sent a reasonable case, he will disappointed, and it’s serving a Bahamas is high.” go to bat for you. great injustice to our industry. Mr Wrinkle added that unlike “That’s why I try to work “We had met with Minister most other countries, the closely with him, because he Laing last year, and expressed amount of taxes levied on understands the country’s com- our concerns and views, and Bahamian contractors and other mercial issues. made some proposals as to how businesses appeared to increase “We’ll try and discuss every to accommodate the construc- the more they expanded, and single issue that arises and reach tion industry. By and large, the higher their revenues a middle ground, which has been they’ve been totally ignored.” (turnover) and profits became. the case of late.” The BCA and its members are now working with the Cham- ber of Commerce to arrange another meeting with the Gov- ernment in a bid to change the revised Business Licence Bill, which requires contractors generating turnover of greater than $500,000 per annum to pay a 0.75 per cent rate. Given that many perform on multi-million dollar jobs, most Bahamian contractors will be pushed from a 0.5 per cent rate to a 0.75 per cent rate, yet Mr Wrinkle pointed out again that in most cases they acted as project managers, handling huge sums that were paid out to sub- contractors, tradesmen and suppliers, and retaining only a small portion as their fee. Yet Bahamian contractors are being taxed on the gross amount of these contracts, something Mr Wrinkle agreed was unfair. Comparing a contractor’s role as project manager to that of an attorney holding funds in escrow for a client, the BCA president said attorneys were taxed on their net receipts, while contractors were hit on the gross. “They’ve put us into a category inconsistent with the fidu- ciary responsibilities of a contractor,” Mr Wrinkle told Tri- bune Business. “The realtors and attorneys are able to hold large sums of money, but are not taxed on the gross receipts, just the net receipts. “The general contractor is more of a project manager role rather than the actual builder. Most of the proceeds from a construction contract go to sub- contractors, specialist workers and suppliers. One has to look at the industry as a whole, and begin to realise the cost will not be absorbed by contractors and will be passed on to consumers.” Mr Wrinkle said several large contractors had told him the revised Business Licence Bill

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THE TRIBUNE TUESDAY, AUGUST 3, 2010, PAGE 5B BUSINESS Renewable energy training plan for Venture capital Bahamas unveiled FROM page one fund’s 193 jobs “Our goal is to have a fully Bahamian workforce under APS, and develop a market where other companies enter the field with people who have been accredited. The was far more involved with related to the agricultural reality is that there is no way we as a company can pro- FROM page one vide all the renewable energy sources for the entire its entrepreneur clients. sector. Bahamas. entrepreneurs because Apart from the Board “I can only remember one “We want to lead the transition to a renewable energy banks in this nation did not seats it had taken in the 12 project in five years that had industry, and our goal is to create employment. We don’t accept payments via PayPal companies in which it had anything to do with agricul- want a foreign workforce. We want trained Bahamians.” and the Internet. equity stakes, Mr Gomez ture, and that young gentle- Apart from Mr Lyn, APS also provided other lecturers Arguing that Baker Tilly said the fund provided a man did not have a clear to the UWI’s renewable energy technology courses. Mr Gomez “give more service source of constant advice vision of how to do it - get a Gilbert said APS ultimately wanted to take its school than we get”, in the sense and training, even going as few acres here, through a to all regional nations, as the aim was to educate a that the work it does on the far as paying for services the few crops there,” Mr Gomez Caribbean market. Bahamas Entrepreneurial entrepreneur needed, such said. Mr Lyn told Tribune Business that when it came to Venture Fund is worth more as accounts. “We may need foreign renewable energies, the key for the Bahamas was the than the fee it receives, Mr “The BDB does not offer help. We have to consider “right education” for consumers and the industry, and Gomez said the fund had these kind of value added that - that we need foreign then to “get on with it”. The IDB-funded contracts worked in the sense that services,” Mr Gomez said. help in agriculture in our require APS to supervise the installation of the PV sys- there had been no political “The BDB, once you get the economy. We may have to tems and solar water heaters on the selected number of interference impacting its loan, usually will not see you accept that.” Bahamian homes. JEROME GOMEZ operations. unless you default on it. “We’re excited as to what we could do, We get sun 365 Default on the loan, and days of the year, so we might as well take advantage of “I’d say that over the five years of this fund, no politi- they will come looking for it,” Mr Gilbert said. you.” Touting renewable energy’s benefits, he added: “It cal pressure has been reduces the carbon footprint, and the Bahamas at some applied at all,” Mr Gomez He added that the BDB point will be able to take advantage of carbon credits.” said, adding that there had and other organisations in APS undertakes a lot of its own research and devel- been no calls from politi- the Government’s small opment, extensively testing renewable energy products cians along the lines of urg- business support infrastruc- before bringing them to the Bahamas, to ensure they ing them to approve and ture, such as the Bahamas can withstand the rigors of practical application. finance a particular business Agricultural and Industrial The company is now set to commence testing a wind idea. Corporation (BAIC), did turbine which only requires two miles per hour winds to “Half the MPs did not not have enough staff with start generating electricity, as opposed to most contem- know this fund ever exist- the skills required, pointing poraries that need 12-13 miles per hour winds. ed,” he joked. out that many had been Acknowledging that the transferred into these agen- Bahamas Entrepreneurial cies from other government Venture Fund had “crossed departments and ministries. Share your news over a bit” with the In response to audience Bahamas Development questions, Mr Gomez said The Tribune wants to hear Bank’s (BDB) lending activ- the Bahamas Entrepreneur- from people who are ities, Mr Gomez said one ial Venture Fund had making news in their notable difference between received virtually no busi- neighbourhoods. Perhaps the two was that the fund ness plans and applications you are raising funds for a good cause, campaigning for improvements in the area or have won an THE COLLEGE OF THE BAHAMAS award. If so, call us on 322-1986 Visit our website at www.cob.edu.bs 1 2 7 , & ( and share your story. Notice to /HJDO 1RWLFH New and Current Financial Aid *UHJ6PLWKDQGRU*UHJ6PLWK 127,&( Applicants for Fall 2010 $VVRFLDWHV 127,&( ,6 +(5(%< *,9(1 DV IROORZV D /(21$5'2 '$ 9,1&, )81' /,0,7(' 6$& LV LQ All current and new students are advised $UHQRORQJHUDXWKRUL]HGWR GLVVROXWLRQ XQGHU WKH SURYLVLRQV RI WKH ,QWHUQDWLRQDO %XVLQHVV &RPSDQLHV $FW 6 DQG VHFWLRQ RI WKH 6HJUHJDWHG $FFRXQWV that the new Fall 2010 Financial Aid appli- FRQGXFWEXVLQHVVRQEHKDOIRI &RPSDQLHV $FW &KDSWHU & cation form is now available online at E 7KH 'LVVROXWLRQ RI VDLG &RPSDQ\ FRPPHQFHG RQ 0D\ www.cob.edu.bs and at all College loca- 67$5*(1(5$/,1685$1&( ZKHQ LWV $UWLFOHV RI 'LVVROXWLRQ ZHUH VXEPLWWHG DQG UHJLVWHUHG E\ WKH tions. The deadline for Financial Aid 5HJLVWUDU *HQHUDO $*(1&< *5$1'%$+$0$ /7' applications, including the submission of F 7KH /LTXLGDWRU RI WKH VDLG FRPSDQ\ LV =DNULW 6HUYLFHV /WG RI QG 7HUUDFH :HVW &HQWUHYLOOH 1DVVDX %DKDPDV supporting documents, has been extended $XWKRUL]HG$JHQWVIRU G $OO SHUVRQV KDYLQJ &ODLPV DJDLQVW WKH DERYHQDPHG &RPSDQ\ DUH to 4:00 p.m. on 18th August, 2010. 5R\DO6WDU$VVXUDQFH/LPLWHG UHTXLUHG RQ RU EHIRUH WKH WK GD\ RI -XQH WR VHQG WKHLU QDPHV DQG DGGUHVVHV DQG SDUWLFXODUV RI WKHLU GHEWV RU FODLPV WR WKH /LTXLGD %DKDPDV)LUVW*HQHUDO,QVXUDQFH WRU RI WKH FRPSDQ\ RU LQ GHIDXOW WKHUHRI WKH\ PD\ EH H[FOXGHG IURP For more information, contact: &RPSDQ\ WKH EHQHÀW RI DQ\ GLVWULEXWLRQ PDGH EHIRUH VXFK GHEWV DUH SURYHG Office of Financial Aid, Oakes Field Campus, /OR\GV±:RUOGZLGH0HGLFDO7UXVW 0D\ Tel: (242) 302-4371 ,QWHUQDWLRQDO0HGLFDO*URXS ,0* =$.5,7 6(59,&(6 /7' /,48,'$725 2) 7+( $%29(1$0(' &203$1< or email: [email protected]

THE COLLEGE OF THE BAHAMAS Visit our website at www.cob.edu.bs IMPORTANT DATES Fall Semester 2010 New Student Orientation Parents’ Evening Tuesday, 17th August, 2010 6:30 p.m.-8:00 p.m.

Orientation Wednesday, 18th August, 2010 8:00 a.m.-12:30 p.m.

Advisement & Registration Wednesday, 18th August, 2010 2:00 p.m.-7:00 p.m.

Advisement, Registration & Bill Payment Thursday, 19th August, 2010 Friday, 20th August, 2010 9:00 a.m.-6:00 p.m.

Venue: Performing Arts Centre, The College Of The Bahamas Thompson Boulevard

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PAGE 6B, TUESDAY, AUGUST 3, 2010 THE TRIBUNE

BUSINESS BTC offer sparks competition fear interested in this asset, and have the right FROM page one idea about value, but there are some important issues that would need to be negotiat- Bahamas ‘far the Government got the best strategic partner ed”. both in terms of purchase price and terms/con- “Some very fruitful discussions” were said to ditions. have taken place between the BTC privatisa- Cable & Wireless was described by one tion committee and Cable & Wireless, in a source as “really well suited as the strategic bid to get to a point where the Government partner. The committee believes they’re very might find its proposal attractive. beyond Wild Wild West’

dangerous society and some- “easy to point the finger” of FROM page one thing had to be done. His blame at the Government response was as if there was or Royal Bahamas Police now the highest in his life- no concern, and we’re at the Force for this nation’s crime time, Khaalis Rolle said point now where business- problems, Mr Rolle told Tri- many Bahamian businesses people are extremely afraid bune Business: “There’s a were now afraid to conduct to do business after dark.” huge implication for society commerce at night, as crim- Pointing to the Supreme as a whole. inals seemed to have no fear Court break-in at Justice “I believe this problem of the law. Jon Isaacs’ office, Mr Rolle goes far deeper, and if we Arguing that guns were said this showed that “no do not resolve it now, or at seemingly as commonplace place is off limits”. least start taking preparato- as cars in the Bahamas, Mr “The criminals are so dar- ry steps to, we’re going to Rolle said the First- ing that they do what they be in significant trouble in Caribbean armed robbery want to do during the day, five years. In five years’ and high speed chase/shoot- and the one entity where time, the Bahamas will not out between the crooks and you’d have thought they be the same Bahamas we the police showed just what would be off limits is no see now. a lawless, dangerous society longer. The fellow broke “We’ve got some issues this nation had become. into the courts. This is that are going to impact this “It’s extremely frighten- extremely serious,” the country, and even though I ing to do business in this Chamber president added, speak on behalf of the busi- country now,” Mr Rolle pointing out that the impli- ness community, the impli- said. “When you get to the cations went beyond just the cations far beyond. It goes point where the criminals immediate negative impact back to deficiencies in the have equal or better ammu- on business and the Bahami- education system, deficien- nition than the police, and an economy. cies in the social system, and have absolutely no fear of Warning that it would we have to address these the law, what’s the alterna- “not be long” before travel deficiencies and do it proac- tive? What do we do?” advisories and media reports tively.” Recalling a reggae song declared the Bahamas an that described Jamaica as a unsafe destination, Mr Rolle ‘Cowboy town’, the Cham- added: “Everyone seeming- ber president added: “The ly has a gun. Guns seem to Bahamas is far beyond a be as ubiquitous as vehicles. Cowboy town, the Wild Guns are everywhere; cars Wild West. Every single day are everywhere. Gun crime there is a report of some is fare more pervasive than armed robbery or attempted it has ever been in my life. armed robbery. The crimi- “The mindset has degen- nals just don’t have any fear erated to the point where of the law. people do not believe there “I think about 10 years is a penalty attached to their Share ago I spoke at a Toastmas- actions, and if there is some ters meeting, and I had a penalty attached, people conversation with a politi- don’t care.” your cian. I said the Bahamas was Acknowledging that it was becoming an increasingly news The Tribune wants to hear 05",)# ./4)#% from people who are ).4%.4 4/ #(!.'% .!-% "9 $%%$ 0/,, making news in their / i *ÕLV Ã iÀiLÞ >`ÛÃi` Ì >Ì ] +%.3/. neighbourhoods. Perhaps &%2'534% v Àii«ÀÌ] À>` > >>] > >>Ã you are raising funds for a Ìi` Ì V >}i Þ >i Ì +%.3/. &%2*534% good cause, campaigning 7+( 38%/,& +263,7$/6 $87+25,7< v Ì iÀi >Ài >Þ LiVÌÃ Ì Ì Ã V >}i for improvements in the v >i LÞ ii` *] ÞÕ >Þ ÜÀÌi ÃÕV area or have won an 38%/,& 127,&( LiVÌÃ Ì Ì i iv *>ÃÃ«ÀÌ "vwViÀ] *°"° Ý award. Ç{Ó] >ÃÃ>Õ] > >>Ã >ÌiÀ Ì > Ì ÀÌÞ Îä® If so, call us on 322-1986 `>ÞÃ >vÌiÀ Ì i `>Ìi v «ÕLV>Ì v Ì Ã ÌVi° and share your story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¿FDWLRQV DQG RWKHU UHOHYDQW LQIRUPDWLRQ FDQ EH FROOHFWHG SURYLVLRQVRI6HFWLRQ RIWKHVDLG$FWPDGHDSSOLFDWLRQ DP ± SP 0RQGD\ WKURXJK )ULGD\ DW WKH 0DWHULDOV WRWKH6HFUHWDU\RI7KH*DPLQJ%RDUGIRU7KH%DKDPDVIRUD 0DQDJHPHQW 'LUHFWRUDWH 3ULQFHVV 0DUJDUHW +RVSLWDO¶V FRPSRXQG OLFHQFHWRPDQDJHDFDVLQRRQWKHSUHPLVHVVLWXDWHGDW2XU 6KLUOH\6WUHHW /XFD\D+RWHOLQ)UHHSRUWRQWKH,VODQGRI*UDQG%DKDPD RQHRIWKH,VODQGVLQ7KH&RPPRQZHDOWKRI7KH%DKDPDV $7(1'(50867%(68%0,77(',1'83/,&$7(,1$6($/(' (19(/23( 25 3$&.$*( ,'(17,),(' $6 ³7(1'(5 )25 $QGQRWLFHLVDOVRJLYHQWKDWRQ)ULGD\$XJXVWWKDW 7+( 3529,6,21 2) 6833/(0(17$5< ;5$< 7(1'(5 DPDWWKH0DJLVWUDWH&RXUW*DUQHW/HYDULW\-XVWLFH )256833/,(6 $&&(6625,(6 35,1&(660$5*$5(7 &HQWUH)UHHSRUW*UDQG%DKDPDRQHRIWKH,VODQGVRIWKH +263,7$/´ $1' $''5(66('72 &RPPRQZHDOWKRI7KH%DKDPDVWKHDSSOLFDWLRQRI7UHDVXUH 7+(&+$,50$1 %D\*%,/LPLWHGZLOOEHFRQVLGHUHGE\WKH*DPLQJ%RDUG 7(1'(56&200,77(( 7+(38%/,&+263,7$/6$87+25,7< 1RWLFHLVDOVRJLYHQWKDWDQ\SHUVRQZKRGHVLUHVWRREMHFW &25325$7(&(175(³%´ WRWKHJUDQWRIWKHOLFHQFHVKDOOVHQGWRWKH6HFUHWDU\RI7KH 7+,5' :(67 7(55$&(6&2//,16$9(18( *DPLQJ%RDUGIRU7KH&RPPRQZHDOWKRI7KH%DKDPDV 32%2;1± 32%R[11DVVDX1HZ3URYLGHQFH%DKDPDVRU 1$66$8%$+$0$6 GHOLYHU WR WKH RI¿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THE TRIBUNE TUESDAY, AUGUST 3, 2010, PAGE 7B

BUSINESS Economic reports give stocks big start for August

NEW YORK a spring plunge in stocks. Some analysts were cautious Stocks were up across the Chevron Corp. jumped $1.59, even as stock prices jumped. market. Industrial and mate- or 2.1 percent, to $77.80. THE stock market began • From China came news that Alan Gayle, senior invest- rials stocks, including 3M Co. Benchmark crude rose $2.53 August with a huge rally after industrial growth was moderate ment strategist for Ridge- and General Electric Co., rose to $81.48 a barrel on the New reports from around the world enough that Beijing isn't likely Worth Investments in Rich- after the ISM report. Investors York Mercantile Exchange. revived investors' faith in the to take steps to slow that coun- mond, Virginia, said Monday's were encouraged in particular Financial stocks rose on the global recovery, according to try's economy. Investors have news, while good, showed only by several key components of strong earnings reports from Associated Press. periodically sold stocks on con- small changes in the economy. the index. Production and new European-based banking The Dow Jones industrial cerns that China's economy "Fundamentally, I do orders both improved, as did giants HSBC and BNP average rose 208 points Mon- would slow and pull others believe the pace of the (eco- companies' willingness to hire Paribas, which convinced day. All the major stock indexes down with it. nomic) expansion is slowing new employees. investors that the continent's rose about 2 percent. and I think that's going to 3M rose $1.8799, or 2.2 per- financial sector is not being The first day of the month Monday's news was encour- weigh on the markets as we go cent, to $87.41, while GE rose hurt by the debt problems. brought a stream of news that showed that manufacturing is aging after months of reports through the second half of the 29 cents to $16.41. HSBC shares trading in the reassured investors who have growing. that showed the recovery was year," he said. Energy companies rose as U.S. rose $2.66, or 5.2 percent, worried about a slowing of eco- weakening. Those reports pulled The Dow Jones industrial the price of oil gained on to $53.74. Bank of America nomic growth in the U.S., China • A manufacturing report for the major stock indexes off their average rose 208.44, or 2 per- expectations that a healthier Corp. rose 40 cents, or 2.9 per- and Europe. Manufacturing was the 16 countries that use the 2010 highs in late April and con- cent, to 10,674.38. The Stan- economy will lift demand. cent, to $14.44. JPMorgan a common thread: euro was revised higher for July tributed to sharp swings in stock dard & Poor's 500 index rose Exxon Mobil Corp. rose $2.26, Chase & Co. rose $1.36, or 3.4 and showed that the European prices since then. The ISM 24.26, or 2.2 percent, to or 3.8 percent, to $61.94, while percent, to $41.64. • The Institute for Supply economy is recovering faster report is significant because it 1,125.86, while the Nasdaq Management's index of U.S. than expected. Strong earnings is the first major reading of the composite index rose 40.66, or reports from European banks manufacturing activity during economy from July, and 1.8 percent, to 2,295.36. COMMONWEALTH OF THE BAHAMAS 2010 July was better than the mar- also pleased the market, espe- investors are trying to determine Six stocks rose for every one ket expected. Traders were cially after the continent's ris- just how strong the recovery will that fell on the New York pleased because the report still ing debt problems helped trigger be in the second half of the year. Stock Exchange where volume IN THE SUPREME COURT CLE/qui/529 The big advance was a bit of a came to a light 1 billion shares. surprise for traders who are With stocks looking more Common Law and Equity Division used to more subdued trading appealing, bond prices fell &20021:($/7+2)7+(%$+$0$6 as August arrives. Over the past because investors felt less need 12 years, the Dow has fallen to seek the safety of govern- nine times on the first trading ment securities. The yield on IN THE MATTER of The Quieting Titles Act, 1959 ,1 7+( 6835(0(&2857 day in August, although it has the 10-year Treasury note, risen the past three years. which moves opposite its price, August in general is seen as a rose to 2.97 percent from 2.91 AND &20021/$:$1'(48,7<',9,6,21&/(*(1 volatile month for stocks, large- percent late Friday. Its yield ly because many traders are is often used as a benchmark IN THE MATTER of all that piece or parcel of land com- away on vacation. That makes to set interest rates on mort- prising One and Twenty-four Thousandths (1.024) acres for low trading volumes and gages and other consumer situate approximately 300 Feet East of Wally’s Restaurant %(7:((1 exaggerated price moves. loans. on the East Side of the Township of Marsh Harbour on the Island of Great Abaco one of the Islands of The Com- 127,&(2)',662/87,21 monwealth of The Bahamas %$1.2)7+(%$+$0$6/,0,7(' RI 3ODLQWLII AND %.19/,0,7(' $1' IN THE MATTER of the Petition of SADIE’S PLACE LTD. -$0$$/5+25721 1RWLFHLVKHUHE\JLYHQWKDWOLTXLGDWLRQRIDERYH N O T I C E 'HIHQGDQW 6800216 FRPSDQ\ FRPPHQFHG RQ WKH GD\ RI -XO\ &UHGLW6XLVVH7UXVW/LPLWHG RI%DKDPDV THE PETITION OF SADIE’S PLACE in respect of:-

/(7 $// 3$57,(6 FRQFHUQHG )LQDQFLDO &HQWUH 6KLUOH\ &KDUORWWH 6WUHHWV In respect of all that piece or parcel of land comprising DWWHQG EHIRUH 'HSXW\ 5HJLVWUDU 7DELWKD 1DVVDX 7KH %DKDPDV KDV EHHQ DSSRLQWHG One and Twenty-four Thousandths (1.024) acres situate &XPEHUEDWFK RI WKH 6XSUHPH &RXUW /LTXLGDWRURIWKH&RPSDQ\ approximately 300 Feet East of Wally’s Restaurant on the 6XSUHPH &RXUW %XLOGLQJ %DQN /DQH East Side of the Township of Marsh Harbour on the Island WK 1DVVDX7KH%DKDPDVRQ0RQGD\ WKH of Great Abaco one of the Islands of The Commonwealth GD\ RI $XJXVW $' DW BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB of The Bahamas and bounded NORTHWARDLY by vacant R¶FORFNLQWKHIRUHQRRQIRUWKHKHDULQJRIDQ &UHGLW6XLVVH7UXVW/LPLWHG land and running thereon for a distance of 255.45 feet DSSOLFDWLRQRQWKHSDUWRIWKH3ODLQWLIIIRUDQ /LTXLGDWRU and EASTWARDLY by a 10 feet wide road reservation and 2UGHUIRUOHDYHWRHQWHU-XGJPHQWLQ'HIDXOW running thereon 138.47 feet to a point thence SOUTH- RI$SSHDUDQFHSXUVXDQWWR2UGHURIWKH WARDLY 20.89 feet to a point thence EASTWARDLY to 5XOHVRIWKH6XSUHPH&RXUWIRUWKHDPRXQW /HJDO 1RWLFH a point and running thereon 14.33 feet thence SOUTH- FODLPHG LQ WKH 6WDWHPHQW RI &ODLP ZLWK WARDLY by land now or formerly the property or estate LQWHUHVWDVWKHUHLQFODLPHGDQGFRVWV 127,&( of Ednar Gotltlieb and running thereon 227.51 to a point 7$.(127,&( WKDWDSDUW\LQWHQGLQJ ).4%2.!4)/.!, "53).%33 #/-0!.)%3 !#4 thence WESTWARDLY and by land 5.04 feet to a point WR RSSRVH WKLV DSSOLFDWLRQ RU WR DSSO\ IRU .O OF thence SOUTHWARDLY to a point and running thereon D VWD\ RI H[HFXWLRQ VKRXOG VHQG WR WKH 12.18 feet thence WESTWARDLY by land now or formerly RSSRVLWLRQ SDUW\ RU LWV $WWRUQH\V WR UHDFK /,6&$5' 0$1$*(0(17 /7' the property of Ruthie Nedabylek and running thereon )N 6OLUNTARY LIQUIDATION WKHP QRW OHVV WKDQ WKUHH GD\V EHIRUH 169.73 feet to a point and continuing by land now or for- WKH GDWH DERYH PHQWLRQHG D FRS\ RI DQ\ merly the property of Viola Gordon and running thereon 1RWLFH LV KHUHE\ JLYHQ WKDW LQ DFFRUGDQFH ZLWK $I¿GDYLWLQWHQGHGWREHXVHG 37.78 feet to the beginning. 6HFWLRQ RI WKH ,QWHUQDWLRQDO %XVLQHVV &RP SDQLHV $FW 1R RI /,6&$5' 0$1$*( 'DWHGWKLVWKGD\RI-XQH$' 0(17 /7' KDV EHHQ 'LVVROYHG DQG VWUXFN Rӽ WKH 5HJLVWHU DFFRUGLQJ WR WKH &HUWLӾFDWH RI 'LVVROXWLRQ Sadie’s Place claims to be the owner of the unincum- bered fee simple estate in possession of the said land 5(*,675$5 LVVXHG E\ WKH 5HJLVWHU *HQHUDO RQ WKH VW GD\ RI -XQH and has made application to the Supreme Court of the Commonwealth of The Bahamas under Section Three (3) 7KLV6XPPRQVZDVWDNHQRXWE\0HVVHUV*LEVRQ5LJE\ &R -RKQ )OHHWZRRG 32 %R[ of the Quieting Titles Act, 1959 to have it’s title to the .L0DOH[ +RXVH 'RZGHVZHOO 6WUHHW 1DVVDX 7KH %DKDPDV %XUUDUG 6WUHHW 6W +HOLHU said land investigated and the nature and extent thereof $WWRUQH\VIRUWKH3ODLQWLII -HUVH\ -( 8( determined and declared in a Certi cate of Title to be /LTXLGDWRU granted by the Court in accordance with the provisions of the said Act. Copies of the Petition and Plan of the said land may be inspected during normal oce hours in the following places:

BISX LISTED & TRADED SECURITIES AS OF: FRIDAY, 30 JULY 2010 BISX ALL SHARE INDEX: CLOSE 1,486.14 | CHG -0.01 | %CHG 0.00 | YTD -79.24 | YTD % -5.06 1. The Registry of the Supreme Court, 2nd Floor FINDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31% WWW.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-2320 Ansbacher Building. East Street North, in the City of Nas- 52wk-Hi 52wk-Low Security Previous Close Today's Close Change Daily Vol. EPS $ Div $ P/E Yield 1.34 1.00 AML Foods Limited 1.04 1.04 0.00 0.250 0.040 4.2 3.85% sau, Bahamas; and 10.75 9.67 Bahamas Property Fund 10.63 10.63 0.00 0.050 0.200 212.6 1.88% 6.25 5.00 Bank of Bahamas 5.00 5.00 0.00 0.598 0.260 8.4 5.20% 0.58 0.30 Benchmark 0.30 0.30 0.00 -0.877 0.000 N/M 0.00% 2. The Chambers of Lockhart & Co., #35 Buen Re- 3.49 3.15 Bahamas Waste 3.15 3.15 0.00 0.168 0.090 18.8 2.86% 2.15 2.14 Fidelity Bank 2.17 2.17 0.00 0.055 0.040 39.5 1.84% 12.50 9.62 Cable Bahamas 11.11 11.11 0.00 1.408 0.300 7.9 2.70% tiro Road, o Shirley Street, Nassau, Bahamas. 2.84 2.50 Colina Holdings 2.55 2.55 0.00 0.511 0.040 5.0 1.57% 7.00 5.00 Commonwealth Bank (S1) 6.04 6.04 0.00 0.460 0.230 13.1 3.81% 3.65 2.23 Consolidated Water BDRs 2.41 2.40 -0.01 0.111 0.052 21.6 2.17% 2.55 1.60 Doctor's Hospital 2.31 2.31 0.00 0.627 0.110 3.7 4.76% 6.99 5.94 Famguard 6.07 6.07 0.00 -0.003 0.240 N/M 3.95% 10.90 8.75 Finco 8.90 8.90 0.00 0.168 0.520 53.0 5.84% NOTICE is hereby given that any person having dower 11.40 9.50 FirstCaribbean Bank 9.74 9.74 0.00 0.720 0.350 13.5 3.59% 5.53 3.75 Focol (S) 4.65 4.65 0.00 0.366 0.170 12.7 3.66% or right to dower or an Adverse Claim or a claim not rec- 1.00 1.00 Focol Class B Preference 1.00 1.00 0.00 0.000 0.000 N/M 0.00% 5.59 5.00 ICD Utilities 5.59 5.59 0.00 0.407 0.240 13.7 4.29% 10.50 9.95 J. S. Johnson 9.95 9.95 0.00 0.952 0.640 10.5 6.43% ognized in the Petition shall on or before the expiration 10.00 10.00 Premier Real Estate 10.00 10.00 0.00 0.156 0.800 64.1 8.00% BISX LISTED DEBT SECURITIES - (Bonds trade on a Percentage Pricing basis) 52wk-Hi 52wk-Low Security Symbol Last Sale Change Daily Vol. Interest Maturity of Thirty (30) days after the nal publication of these 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 presents, le in the Supreme Court and serve on the Pe- 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 titioner or the undersigned a Statement of his claim in RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities) 52wk2wk-Hi-Hi 52wk2wk-Low-Low Symbol Bid $ Ask $ Last PricePrice DailyV Volol. EPS$ Div $ P/E Yield the prescribed form veri ed by an adavit to be led 10.06 7.92 Bahamas Supermarkets 9.42 10.42 14.00 -2.945 0.000 N/M 0.00% 8.00 6.00 Caribbean Crossings (Pref) 2.00 6.25 4.00 0.000 0.480 N/M 7.80% 0.55 0.40 RND Holdings 0.35 0.40 0.55 0.001 0.000 256.6 0.00% therewith. 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 0.45 0.55 0.55 0.002 0.000 261.90 0.00% BISX Listed Mutual Funds 52wk-Hi 52wk-Low Fund Name NAV YTD% Last 12 Months % NAV 3MTH NAV 6MTH NAV Date Failure of any such person to le and serve a Statement 1.4825 1.4387 CFAL Bond Fund 1.4825 3.04 6.96 1.460225 1.438700 30-Jun-10 2.9265 2.8266 CFAL MSI Preferred Fund 2.9199 1.14 0.85 2.911577 2.886947 30-Jun-10 1.5438 1.4804 CFAL Money Market Fund 1.5438 2.43 4.28 1.527368 1.511377 23-Jul-10 of his Claim on or before the expiration of Thirty (30) 3.2025 2.8522 Royal Fidelity Bahamas G & I Fund 2.8522 -8.49 -8.08 30-Jun-10 13.6388 13.0484 Royal Fidelity Prime Income Fund 13.4110 0.33 3.32 30-Jun-10 109.3929 101.6693 CFAL Global Bond Fund 109.3929 5.20 7.60 107.570620 103.987340 30-Jun-10 days after the nal publication of these presents shall 105.7795 93.1998 CFAL Global Equity Fund 100.1833 -1.52 3.56 105.779543 101.725415 30-Jun-10 1.1177 1.0000 FG Financial Preferred Income Fund 1.1177 2.52 5.19 30-Jun-10 operate as bar to such claims. 1.0917 1.0000 FG Financial Growth Fund 1.0785 0.98 5.29 30-Jun-10 1.1162 1.0000 FG Financial Diversified Fund 1.1162 2.34 5.45 30-Jun-10 9.5795 9.1005 Royal Fidelity Bah Int'l Investment Fund Principal 9.5439 2.16 6.25 30-Jun-10 Protected TIGRS, Series 1 11.2361 10.0000 Royal Fidelity Bah Int'l Investment Fund Principal 10.0344 -6.84 5.63 30-Jun-10 Protected TIGRS, Series 2 10.0000 9.3299 Royal Fidelity Bah Int'l Investment Fund Principal 9.3299 -6.70 -6.70 30-Jun-10 Protected TIGRS, Series 3 7.9664 4.8105 Royal Fidelity Int'l Fund - Equities Sub Fund 7.3073 -5.31 16.22 30-Jun-10 LOCKHART & Co. 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 Chambers 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 #35 Buen Retiro Road 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 O Shirley Street 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 Nassau, Bahamas TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-7525

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THE TRIBUNE

TUESDAY, AUGUST 3, 2010 SECTION C • HEALTH: Body and mind

HOT WRIST: Pandora bracelets (above and below) have become one of the hottest, must-have jewellery pieces nowadays. Pandora’s Charm

By JEFFARAH GIBSON Tribune Features Writer

n 1999, the Pandora jewelry manufacturers introduced for the very first time a charm bracelet to rival all charm bracelets. Pandora charmI bracelets put a spin on the classical trinkets and captures some of life’s most precious memories. When the Pandora line was first introduced to the Bahamian public seven years ago by Bahama Repub- lic, a local jewelry store located East By Street, it took jewelry lovers a while to catch the Pandora fever. Now, Pandora has become one of the hottest must-have jewelry items today. Women, teens, and tweens have all indulged in Pando- ra’s “charm”. But what is it that actually puts them on the most wanted list? Is it because they are made with pre- reminder,” she said. bead. ish,” she told Tribune Woman. bracelet with a home bead. She said: cious metals like gold, oxidised and The idea of collecting beads to For three women, Pryia Simmons, After having her first son last “Home is where the heart is and sterling silver? Is it because they fill the entire patent threaded nov- Cara Bethel, and Alesha Cadet the October, Cara Bethel is customising that is Eleuthera. I got the number can be customised? Or is it because elty is what makes it fun. Swapping bracelets don’t just make fashion a bracelet to record every milestone 21 charm when I turned 21. I am they are affordable and make great charms to suit attire and mood is statements. They make statements in his life. She even named the going with light colours for my gifts? another reason women have fallen about their lives and some of the bracelet after him. She calls it ‘The charm bracelet because they match Tribune Woman spoke to head over heels for Pandora. people in it. Dylan Bracelet.’ my spirit. I am light hearted and Natalia, an assistant manager at “The charms can reflect your Pryia Simmons has a few special “My Pandora is a permanent happy,” she said. Bahama Republic who said the mood. You can switch them up. For beads on her bracelet. They are an reminder of the milestones in my One of her charm in particular answer to that question is all of the instance if you are feeling happy angel, a suitcase, a heart stopper, baby's life. So far, I have two blue represents a past love. She chose above. you can choose a bead that signifies and flowers. coloured beads, a little boy because that bead because she said it moti- “What makes a Pandora bracelet your happiness. If are feeling blue She said: “I got the angel because he is a boy of course, a baby car- vates her to keep moving forward. a must have item is they make great you can select a bead that suits your I am my dad’s angel. I got the suit- riage, a mama monkey holding a “The teddy bear is a reminder of gifts. You might have a family mem- mood,” Natalia explained. case because I love to travel. The baby monkey because his nursery an ex special love. Whenever I want ber you may want to purchase a gift However, one of the main rea- heart stopper represents my has a monkey theme and a gift box to pick up the phone to give him a for, you can purchase her a Pando- sons women have fallen weak to boyfriend because he keeps every- because he is the best present I ever call, I look at it and it is a reminder ra bracelet or if she already has one Pandora’s “charm is because it thing in place in my life and the got,” Mrs Bethel said. of what to never get myself into,” you can purchase a bead as allows them to tell stories with each flower is so that my life could flour- Alesha Cadet started her she told Tribune Woman.

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PAGE 10B, TUESDAY, AUGUST 3, 2010 THE TRIBUNE RomanticWOMAN Love

By MAGGIE BAIN away on a wave of eternal love and drawal symptoms, as in other abstain from pre- marital sex. leaving the ugly world behind. For recognised addictions. Their constant state of elation JUST thinking of a series of arti- many, romantic love conjures up This analogy may seem incon- allows for a deepening of emo- cles about love produces a images of tenderness, candlelight, gruous to some, but is backed by tions, and in turn satisfies their slideshow of picture memories, pastel colours and a sense of peace scientific research. What makes it deep cravings. We then go on to moving through our mind. Even and contentment. This is the per- By MAGGIE all the more interesting is that can- comprehend those who are able to better, we can control it ourselves; fect love we all desire to obtain – didates also included those who maintain long distance relation- replay, fast forward, rewind and at least once in our lives. BAIN were experiencing unrequited love, ships, communicate only by written even pause at the highlights. Visible for all to see is a new rejection or the end of the relation- word, or who are physically chal- First loves, summer loves, crazy inner glow that speaks of our inner ship. In all cases, the right ventral lenged. To close your eyes and puppy loves, one-sided loves, and happiness. The mere thought, but at the same time leaves us feel- tegmental area (VTA) and the dwell in the pure joy that it pro- the list goes on. Decades later, we touch or sight of our love stimu- ing naked in our vulnerability. It is right caudate nucleus in the brain duces, can be equated to great sex bask in the warm glow of happy lates our brain’s dopamine recep- exhilarating, floating on ‘Cloud were stimulated. These are the for others. flashbacks and amaze ourselves by tors, and we are on a ‘high’. Our Nine’, but we quickly discover that dopamine rich areas associated If you are going through life how we survived the lows. newfound motivation is accompa- any small disappointment can send with reward, motivation, and also feeling fulfilled but not being able As we journey around the world, nied with a steely determination. us on a free-fall. The result is a affected by cocaine use. to relate to this description of we realise that the nature, process, We find ourselves automatically craving for more, and the strong Romantic love speaks of true romantic love, then perhaps you and biology of love are universal; reshuffling our priorities and full attachment becomes all consum- motivational drive, and possibly need to review your relationship or no society is exempt. Outwardly attention directed to that special ing. acts as a constant reminder of dating life. Remember we only we may look different, speak dif- person. Our newfound energy and Only when you have experi- human reproduction. It is quite dif- have one life to live and love fully, ferent languages, have been focus allows us to believe that any- enced this particular euphoria can ferent from sexual drive because of and no time to waste. brought up with different values thing is possible. It is not unheard you truly appreciate the saying, its specific ability to conserve ener- * Listen to ‘Love on the Rock’ and beliefs, but when it comes to of to feel you would go to the ends ‘Love is a drug’. The dependence gy and focus on one individual. In with Maggie Bain every Thursday love, we are the same. of the earth,even to sacrifice your and obsessive nature of romantic fact romantic love is possible with 5-6 pm on In our early years of innocence, life for them. love could essentially class persons out sex, and is often described as Island FM 102.9 For appoint- we dreamt of being someone’s Cin- Intense thoughts of our lover are as addicts. emotional or spiritual love. ments call364-7230, email derella or gallant Prince Charming. fueled, day and night, by this newly Rejection, unreciprocated love, Knowing this allows us to under- [email protected] or We had visions of being swept channeled energy. It motivates us, and break- ups trigger similar withstand those who mutually decide to www.relatebahamas.blogspot.com Weeks of fashion in India...

A MODEL presents a creation by designers Abu Jani & Sandeep AUSTRALIAN cricketer Brett Lee presents a creation by designers Abu A MODEL presents a creation by designers Abu Jani & Sandeep Khosla at the Pearls Infrastructure Delhi Couture Week 2010 in New Jani & Sandeep Khosla at the Pearls Infrastructure Delhi Couture Week Khosla at the Pearls Infrastructure Delhi Couture Week 2010 in New Delhi, India. 2010 in New Delhi, India. Delhi, India. (AP Photos)

A MODEL presents a creation by J J Valaya at Bangalore Fashion Week A MODEL presents a creation by J J Valaya at Bangalore Fashion Week A MODEL presents a creation by Neeru's at Bangalore Fashion Week in Bangalore, India. in Bangalore, India. in Bangalore, India.

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THE TRIBUNE TUESDAY, AUGUST 3, 2010, PAGE 9B HEALTH

By SARAH Understanding BEEK SWEET depression in women NOTHINGS SUGAR’S seductive epression is a serious con- abused than boys, and researchers power is proven in the dition that can impact have found that sexual abuse in child- fact that the actual Amer- Devery area of your life. It hood puts one at increased risk for ican consumes 150 can affect your social life, your fami- depression in adulthood. Higher rates pounds of sugar per year. ly relationships, your career, and your of depression are also found among This all despite warnings sense of self-worth and purpose. And victims of rape, a crime almost exclu- from doctors who say it for women in particular, depression is sively committed against women. spikes blood sugar levels common. Other common forms of abuse, and leads to the storage If you're feeling sad, guilty, tired, including physical abuse and sexual of fat! and just generally “down in the harassment, may also contribute to The American Heart dumps,” you may be suffering from depression. Association (the people major depression. But the good news responsible for efforts to is that depression is treatable, and Relationship dissatisfaction - reduce death associated the more you understand depression's While rates of depression are low- with cardiovascular dis- particular implications for and its er for the married than for the single ease) is the latest agency impact on women, the more equipped and divorced, the benefits of mar- to releases data on the you will be to tackle the condition riage and its general contribution to dangers of sugar. head on. well-being are greater for men than Where does the sugar for women. Furthermore, the benefits come from? Mostly soft Risk Factors for disappear entirely for women whose drinks and candy, fol- depression in Women marital satisfaction is low. Lack of lowed by cakes, cookies intimacy and marital strife are linked and pies. But don't give a -Family history of mood disorders to depression in women. knowing smile if you turn -Personal past history of mood dis- your back on these kinds orders in early reproductive years Poverty - of snacks: sugar sneaks -Loss of a parent before the age of Poverty is more common among into items you'd never 10 years women than men. Single mothers believe, including fruit- -Childhood history of physical or have the highest rates of poverty flavoured yogurt (eight sexual abuse across all demographic groups. Pover- ounces can have six tea- -Use of an oral contraceptive, espe- ty is a severe, chronic stressor than spoons of added sugar) cially one with a high progesterone can lead to depression. and frosted whole grain content cereal (3 teaspoons in one -Use of gonadotropin stimulants as Psychological causes cup). part of infertility treatment of depression in women The next professional -Persistent psychosocial stressors to warn against sugar (e.g., loss of job) Coping mechanisms - intake may be your skin -Loss of social support system or Women are more likely to rumi- therapist, as new findings the threat of such a loss nate when they are depressed. This show sugar does impact includes crying to relieve emotional skin. Signs and symptoms tension, trying to figure out why Collagen, essential to of depression in women you're depressed, and talking to your skin strength and elastic- friends about your depression. How- ity, is a protein. A diet The symptoms of depression in ever, rumination has been found to rich in sugar can create women are the same as those for maintain depression and even make it excess waste products in worse. Men, on the other hand, tend major depression. Common com- SIGNS & SYMPTOMS of depression in women include lack of energy and fatigue. the form of glucose. plaints include: to distract themselves when they are Instead of “burning off,” -Depressed mood Loss of interest depressed. Unlike rumination, dis- this glucose (sugar) or pleasure in activities you used to Biological causes of to play (mother, wife, working traction can reduce depression. attaches to proteins in our enjoy depression in women woman), the more vulnerable she is skin. This process is clas- -Feelings of guilt, hopelessness and to role strain and subsequent stress Stress response - sified as glycation, and worthlessness Postpartum depression - and depression. Depression is more According to Psychology Today, leads to the formation of -Suicidal thoughts or recurrent Many new mothers experience the common in women who receive little women are more likely than men to Advanced Glycation thoughts of death “baby blues.” This is a normal reac- help with housework and child care. develop depression under lower lev- End-products (AGEs), -Sleep disturbance (sleeping more tion that tends to subside within a Single mothers are particularly at els of stress. Furthermore, the female which increases inflam- or sleeping less) few weeks. However, some women risk. Research indicates that single physiological response to stress is dif- mation in the body. -Appetite and weight changes experience severe, lasting depression. mothers are three times more likely ferent. Women produce more stress Inflammation breaks -Difficulty concentrating This condition is known as postpar- than married mothers to experience hormones than men do, and the down collagen and leads -Lack of energy and fatigue tum depression. Postpartum depres- an episode of major depression. female sex hormone progesterone to the loss of elasticity: in sion is believed to be influenced, at prevents the stress hormone system laymen's terms, this Specifics about least in part, by hormonal fluctua- Unequal power & status - from turning itself off as it does in means wrinkles, sagging depression in women tions. Women's relative lack of power men. and loss of tone. Perimenopause & menopause - and status in our society may lead to To check for added Seasonal affective disorder-depres- Women may be at increased risk feelings of helplessness. This sense Puberty and body image - sugar, look at the label sion in the winter months due to low- for depression during peri- of helplessness puts women at greater The gender difference in depres- for sugar, corn syrup, er levels of sunlight-is more common menopause, the stage leading to risk for depression. These feelings sion begins in adolescence. The emer- fructose, dextrose, in women menopause when reproductive hor- may be provoked by discrimination in gence of sex differences during puber- molasses or evaporated Women are about twice as likely as mones rapidly fluctuate. Women with the workplace leading to underem- ty likely plays a role. cane juice in the ingredi- men to suffer from depression. This past histories of depression are at an ployment or unemployment. Low Some researchers point to body ent list. And doctors and two-to-one difference persists across increased risk of depression during socioeconomic status is a risk factor dissatisfaction, which increases in girls dietitians say moderation racial, ethnic, and economic divides. menopause as well. for major depression. Another con- during the sexual development of is one way to keep skin In fact, this gender difference in rates tributing factor is society's emphasis puberty. Body image is closely linked and body healthy, but of depression is found in most coun- Social and cultural causes on youth, beauty, and thinness in to self-esteem in women, and low keeping active is also key. tries around the world. of depression in women women, traits which to a large extent self-esteem is a risk factor for depres- As part of healthy There are a number of theories are out of their control. sion. aging diet, eschew refined which attempt to explain the higher Role strain - sugars for whole grains, incidence of depression in women. Women often suffer from role Sexual and physical abuse - fruits and vegetables, and Many factors have been implicated, strain over conflicting and over- Sexual and physical abuse may play • Prepared by topically treat skin with including biological, psychological, whelming responsibilities in their life. a role in depression in women. Girls Public Relations Department AGE Smart products that and social factors. The more roles a woman is expected are much more likely to be sexually Sandilands Rehabilitation Centre include Glucosamine, Soy, Genestein, Vitamin A, licorice, and the unique Argine/Lysine Polypeptide which binds and traps sugars to help Low-carb diet trumps low-fat prevent formation of AGEs. “This information was taken from dermalogica.com. “Sara Beek is a on ‘good’ cholesterol Dermalogica Skin Care Therapist at The Dermal Clinic in Sandyport. By STEPHANIE NANO problems or diabetes. ended up with similar Please call 327-6788 for Associated Press Writer Half followed a low-carb improvements to bad cho- more information or visit diet modelled after the lesterol. www.dermal-clinic.com NEW YORK (AP) — Atkins' plan and half went The study's strengths .” carb diet works just as well diet. All attended group its multiple locations — as a low-fat diet at taking sessions to help them Denver, Philadelphia and St off the pounds — and it results we change bad eating habits, Louis, said Dr William Yan- might be better for your get more active and stick to cy, of the Durham VA heart, new research sug- their diets. Medical Center in North gests. should have The volunteers had peri- Carolina. Both diets improved cho- odic checks of their weight, "These are results we lesterol in a two-year study a lot of blood, bone density and should have a lot of confi- that included intensive body composition. After dence in," said Yancy, who group counselling. But two years, there was no has done similar diet those on the low-carbohy- confidence in.” major differences between research but was not drate diet got a bigger boost diet groups, except in good involved in the study. in their so-called good cho- – Dr William Yancy cholesterol. Why the low- Foster, the study leader, Share lesterol, nearly twice as carb diet had a bigger effect said dieters should be less much as those on low-fat. on good cholesterol isn't concerned about which diet your In previous studies, low- known, the researchers said. to use, and focus on finding carb diets have done better kilograms) or seven per He said the low-carb As low-carb plans the support or technique — news at weight loss at six months, cent. boost is the kind one might became popular, experts like writing down what they but longer-term results have The key difference was in get from medicines that feared the diet would drive eat — that keeps them on The Tribune wants to hear been mixed. And there's HDL, or good cholesterol: a improve HDL. up the risk of heart disease track. from people who are been a suggestion of better 23 per cent increase from "For a diet, that's pretty because it allows more fat. "It doesn't make a differ- making news in their cholesterol from low-carb low-carb dieting compared impressive," Foster said. The latest results suggest ence for weight loss how neighbourhoods. Perhaps eating. to a 12 per cent improve- The findings, published in those concerns are you get there," he said. you are raising funds for a The latest test is one of ment from low-fat, said Tuesday's Annals of Inter- unfounded, Foster said. In With the current obesity good cause, campaigning the longest to compare the Gary Foster, director of nal Medicine, are based on the low-carb group, there epidemic, more than one for improvements in the approaches. At the end of Temple University's Center a study of 307 adults, two- was an early rise in "bad" way is needed to attack the area or have won an two years, average weight for Obesity Research and thirds of them women. Par- cholesterol, the kind that problem, Yancy said. "Both award. loss was the same for both Education, who led the fed- ticipants were obese but builds up in arteries. But of these are options. These If so, call us on 322-1986 — about 15 pounds (6.8 erally funded study. didn't have cholesterol after two years, both groups diets work," he said. and share your story.

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THE TRIBUNE TUESDAY, AUGUST 3, 2010, PAGE 11B GARDENING August - The end or a new beginning?

WHEN I put my book A ering stage may be triggered Year With Gardener Jack into fruit production by a cool together I started with Sep- tropical storm during Sep- tember and ended with tember. August, a month that in many Bahamian gardeners are ways is the low point of the divided over whether to sow growing year but in many oth- tomatoes in August in the er ways is remarkably fecund. hope that the right conditions All the vegetables we grow come along (including the during the cooler months are absence of hurricanes) or absent from the veggie plots. leave the task until Septem- We may have a few cherry ber. If you plan to aim for ear- tomatoes and peppers to ly, sow your tomatoes in pots boast about but beyond that that can be easily moved and we only have very hardy pro- allow the seedlings to develop ducers like okra, Malabar in semi shade. Harden them spinach and snake beans to off by increasing the amount comfort us. of direct sunlight every day In the absence of prime over a week or two until the vegetables it might be wise to plants can take full sun, then cover your veggie plots with transplant them into their pre- clear plastic, a process called pared growing area. solarisation. The plastic will Peppers are natural warm stop weeds growing and will weather vegetables and are also sterilise the soil. August best started early. Cabbages gives the last opportunity to and cucumbers are also can- solarise before the new veg- didates for an early start. etable growing season gets Any early vegetables will under way. Make sure your be at the mercy of hurricane soil is wet to a depth of 5-6 activity, which is more likely inches before covering it. in September than any other August is a wonderful time time. That said, if a hurricane for tropical fruits. The last of strikes one of the last things the Barbados cherries may we will be worrying about is still be around while the first tomatoes. Plants in their pots carambolas ripen. In the gar- can be brought inside for a den and along the shore, sea- day or two without doing grapes can be found in sever- them any harm. al stages of development and If your lawn is not looking ripeness. August is also the good right now, it never will. beginning of the guava duff Fertilize with a high nitrogen season with guava trees hang- mix at least every month during with fruit. ing the rainy season and you Many flowering shrubs are will maintain a good colour at their best during August. well into the dry season. If have to be sown early. Jack will be trying Solar Fire this year to get really early tomatoes. Hibiscus, oleander, crepe EARLY TOMATOES you have St. Augustine grass myrtle, bougainvillea and it will grow profusely whether bridal bouquet give abundant tree. degrees or lower and we ordi- during the past decade that dates to give the earliest you fertilize it or not. Add colour while yellow poinciana Back to vegetables. Many narily experience suitable were developed for Florida – crops. Even regular tomatoes fertilizer and it will grow but (Peltophorum pterocarpum) gardeners look upon early nighttime temperatures in late Solar Fire is an example - and can set fruit early if excep- be much more verdant. takes over from royal poin- tomatoes as a priority. Nor- October. There are some set fruit at a higher tempera- tional conditions happen gardenerjack@ ciana as the main flowering mal tomatoes set fruit at 68 hybrid tomatoes developed ture and therefore are candi- along. Tomatoes at the flow- coralwave.com

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THE TRIBUNE PAGE 12 Thomas, Barry jump high for gold and silver... See page 14 TUESDAY, AUGUST 3, 2010 Valentino wins gold

By RENALDO DORSETT Sports Reporter Becomes third Bahamian [email protected]

n the twilight of the to win boxing medal XXI Central Ameri- can and Caribbean at the CAC Games (CAC) Games, the country’s most deco- ratedI amateur boxer added to his legacy and won the He became the third Bahami- In the CAC semifinals, Bahamas’ final medal. an to win a boxing medal at Knowles defeated Juan Pablo Valentino Knowles cap- the games following Romero of Mexico 7:5 on tured a gold medal in the Nathaniel Knowles who won points to earn a berth in the men’s light welterweight divi- the silver medal in 1973 and gold-medal match. sion on Saturday in Marvin Smith who won silver A dominant first round ulti- Mayaguez, Puerto Rico . in 1986. mately paved the way for the Knowles put some of his Earlier this year, Knowles win as Knowles came out with best boxing skills on display at moved up from the 60 to the an aggressive first round to perhaps the timeliest point in 64 kilo weight class after he outscore Romero, 4:1. He the tournament, with a domi- won the Bahamas' first medal continued to hold a decisive nating round three to defeat at the AIBA World Champi- advantage following the sec- Luis Romero of Venezuela, onships in 2009. He followed ond round as both fighters 6:2 on points. with the highest honour of managed to score a single Both fighters failed to score any Bahamian fighter ever at point. a single point over the course the Commonwealth Boxing Romero won his first round of the first two opening Championships when he won of the match in the third, but rounds and headed into the a silver medal. the 3:2 was far from enough decisive third round 0:0. Along with Carl Hield, he to close the three-point The 21-year-old Knowles also competed in the Conti- deficit. He defeated Ricardo NUMBER ONE: Valentino Knowles captured a gold medal in the men’s light welterweight division at the outboxed Romero 6:2 in the nental Elite Championships Garcia Tejada 6:5 in the other CAC Games in Mayaguez, Puerto Rico, on Saturday. third round to secure the gold. in Ecuador in June. semifinal to advance.

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TRIBUNE SPORTS TUESDAY, AUGUST 3, 2010, PAGE 13

SPORTS Team Bahamas hauls in record 18-medal total

By RENALDO DORSETT 104b), Colombia was third Valentino Knowles won the Sports Reporter with 260 (100g, 84s, 76b), final medal of the games for [email protected] Puerto Rico fourth with 167 the Bahamas in the boxing medals (48g, 44s, 75b), while ring when he took gold in the THE largest team ever the Dominican Republic welterweight division. assembled under the current rounded out the top five with The Bahamas surpassed its Bahamas Olympic Commit- 133 medals (31g, 37s, 65b). medal total of 10 from the tee administration, with more Jamaica was the leading 2006 CAC Games in Carte- than 100 athletes participat- medal winner of all English- gena, Colombia, when they ing, delivered a series of note- Speaking Caribbean countries totalled 10 medals, six silver worthy performances and with 42 total medals (15g, 10s, and four bronze. brought in the largest medal 17b). In 2002 in El Salvador, the total ever for the Bahamas at The represented disciplines team won just two silver the Central American and included athletics, bowling, medals. Caribbean (CAC) Games. judo, rugby, sailing, swimming In 1998 in Maracaibo, Team Bahamas won a and tennis. Venezuela, the Bahamas won record-setting total of 18 Arianna Vanderpool-Wal- eight medals, two gold, two medals which included seven lace became the story of the silver and four bronze and in gold, five silver and six bronze games early on for Team 1993 in Ponce, Puerto Rico at the 21st edition of the Bahamas as she hauled in a they totalled four medals, one games which concluded yes- total of six medals and set a gold and three bronze. terday in Mayaguez Puerto, pair of new meet records. It was the third time Puerto Rico. The 20-year-old Olympian Rico hosted the CAC Games, The team medalled in four won four individual medals, they also hosted in San Juan disciplines, beginning with including gold in 50m and in 1966 and Ponce in 1993. swimming that won eight 100m butterfly and a pair of Approximately 5,000 ath- medals, track and field fin- bronze medals as a member letes participated in 39 sports ished with six, the tennis team of relay teams. held across Puerto Rico, from won three medals and boxing On the tennis court, Larika July 17 to August 1. finished with one. Russell won a bronze in the The Bahamas finished 10th women’s singles and teamed overall in the final medal with Nikkita Fountain to win standings. gold in doubles play. For the stories Mexico topped the overall In track and field, a trio of behind the news, Jamaica's Allodin Fothergill (left) leads the sprint to the finish line followed by medal count with 384 medals Olympians returned to top PUSHING HARD: which included 133 gold, 129 form when Leevan Sands, read Insight Bahamas’ Demetrius Pinder in the men's 4x400 meter relay at the Central American and Caribbean Games silver and 122 bronze. Donald Thomas and Chris- in Mayaguez, Puerto Rico, on July 30, 2010. Venezuela finished second tine Amertil took gold in their on Mondays (AP Photo) with 322 medals (114g, 104s, respective signature events.

MINISTRY OF WORKS & TRANSPORT NOTICE CORRIDOR 11A BAILLOU HILL ROAD Temporary Road Closure & Diversions

Jose Cartellone Construcciones Civiles S.A wishes to advise the motoring public that construction works will be carried out on the eastern side of Baillou Hill Road effective Monday August 9th, 2010 for approximately twenty-four (24) weeks. 7KH ZRUNV LQFOXGHV LQVWDOODWLRQ RI QHZ GUDLQDJH IDFLOLWLHV XWLOLWLHV ZDWHU PDLQ V\VWHPV VWUHHW OLJKWLQJ WUDIÀF VLJQV asphalt paving & landscaping. Motorist travelling northbound on Baillou Hill Road should expect changes as construction works will be carried out in four (4) stages. The following lateral streets will be temporarily closed to motorist & pedestrians: PALM TREE AVE, COCONUT GROVE AVE, POINCIANAAVE, BAHAMAAVE, WEST END AVE, CORDEAUX AVE, PALMETTO ST, NEWBOLD ST, BAKER ST & FATHER CALNAN RD.

STAGE 1 Motorist travelling through Palm Tree Ave should use Robinson Road as an alternative route and continue through First Street or Second Street to their destination. STAGE 2 Motorist travelling through Coconut Grove & Poinciana Avenue should use Palm Tree Avenue as an alternative route. STAGE 3 Motorist travelling through Bahama Avenue, West End Avenue & Cordeaux Avenue should use Poinciana Avenue as an alternative route from the southern side. STAGE 4 SKY HIGH: Bahamas' Bianca Stuart competes in the women's long Motorist travelling through Palmetto Street, Newbold Street, Baker Street & Father Calnan Road should use jump at the Central American and Caribbean Games in Mayaguez, Oxford Avenue as an alternative route. Puerto Rico July 30, 2010. (AP Photo) 'XULQJ FRQVWUXFWLRQ ZH NLQGO\ DVN WKDW PRWRULVW WUDYHOOLQJ RQ %DLOORX +LOO 5RDG REVHUYH WUDIÀF VLJQV GHOLQHDWLQJ WKH ZRUN ]RQH and follow the signs posted “DIVERSION”. Access will be granted to the residents of the affected streets. Bahamas loses opening match but rebounds to take game 2

EARLY into their historic After hosting the bid against the world’s best Caribbean Zone Tournament, in youth baseball, the which also included an area Bahamas has been on both host team from the Grand sides of the win-loss column Bahamas and the Panama after two games. Champions, the winner of the At the Pony-13 World pool advanced directly to the Series in Fullerton, Califor- Championship with the top nia, the Bahamas lost in its seed. opening match but rebounded The team from Nassau got to take game two over the off to a rough start in their weekend. The team got off to first two games to the a slow start against Chula Bahamas area team from Vista, California, when they Grand Bahama 18-8 and 9-6. We apologize for the inconvenience & delays caused. were shutout 10-0. They rebounded and took a please contact: In game two, the Bahamas 4-3 win over Panama but lost For further information rebounded to take a game 9-3 in its second contest. two win over the hosts Fuller- Nassau made history in the Jose Cartellone Construcciones Civiles S.A The Project Execution Unit ton, California, in a hard Championship, when they fought one run win, 14-13. beat Panama 10-2 to become 2IÀFH +RXUV 0RQ)UL DP WR SP Ministry of Works & Transport The Bahamas advanced for the country’s first Zone 2IÀFH Hotline: (242) 302-9700 the first time in the country’s Championship and securing Email: [email protected] Email: [email protected] nine year Caribbean Zone a spot in the PONY-13 World participation. Series for the first time.

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PAGE 14, TUESDAY, AUGUST 3, 2010 TRIBUNE SPORTS

SPORTS

UP AND OVER: Bahamas’ Donald Thomas clears the bar during the high jump at the Central American and GETTIN’ UP: Bahamas’ Trevor Barry clears the bar during the high jump at the CAC Games July 30, 2010. Caribbean Games in Mayaguez, Puerto Rico, July 30, 2010. Thomas, Barry get gold(AP Photos) and silver in high jump

By RENALDO DORSETT Sports Reporter [email protected] • Bianca Stuart jumps long for bronze

AFTER several days marred with disqualifications, • Men’s 1,600 relay team win silver injuries and disappointments, the Bahamas ended the athletics competition at the XXI field, and another added in Donald Thomas and Both recorded the winning Central American and the finale on the track Trevor Barry highlighted the jump of 2.28m, however, Caribbean Games with four brought the total medal count final session for the Bahamas Thomas cleared the mark on medals won on the final day. in the athletics discipline to with a gold and silver finish his first attempt for the gold, Three medals won in the six. in the men’s high jump. while Barry was unsuccessful on his first attempt and cleared in round two. Wagner Miller of Colom- bia finished third with a leap of 2.19m. Thomas entered the competition at 2.16m, cleared on his first attempt, and followed to do the same at 2:19. The former IAAF World Champion and Pan Am Games silver medallist fouled both first attempts at 2.22m and 2.25m but cleared on the second. Barry entered the contest at 2.10m and cleared on his first attempt. He passed on ALL FOR ONE: Athletes compete (Team Bahamas far right) in the men's 4x400 meter relay at the CAC 2.13m but followed to clear Games in Mayaguez, Puerto Rico on July 30, 2010. 2.16m and 2.19m on first IN FLIGHT: Bahamas’ Bianca Stuart competes in the women's long jump at the CAC Games July 30, 2010. (AP Photo)

attempts. with her mark of 6.52m. Barry failed two attempts Watkins started the com- at 2.22m before clearing on petition with a list of 6.55m his third and also failed on and held the top position for two attempts at 2.25m before the duration of the contest. advancing. Stuart took hold of second In the women’s long jump, place with her jump, but was Bianca Stuart needed just a surpassed by Jarrett in round single jump to secure her two. standing atop the medal podi- Her only other recorded um and claim the bronze mark of the competition was a medal. Stuart recorded the leap of 6.21m in the fourth mark of 6.50m on her first round. attempt for the third place fin- The men’s 1600m relay ish. It was one of only two team finished with a silver successful attempts for Stuart medal just behind Jamaica over the six rounds of the who set a new games record competition. in 3:01.68s. Rhonda Watkins of The team of Andretti Bain, Trinidad and Tobago set a Michael Mathieu, Le’Sean new meet record to win the Pickstock and Demetrius Pin- gold medal with a leap of der finished in a new season’s 6.67m to surpass the old mark best time of 3:01.82s. of 6.61m. Trinidad and Tobago fin- Jovanee Jarrett of Jamaica ished third, also in a season’s finished with a silver medal best time of 3:04.07s.

HE’S OFF: Bahamas’ Andretti Bain starts the men's 4x400 meter relay at the CAC Games on July 30, 2010. (AP Photo) TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM