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WEDNESDAY, APRIL 7, 2021

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Cay staff ‘anxious’ on cruise return

By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net GREAT Stirrup Cay management are “anxious” for Norwegian Cruise Line (NCL) to return to the cay after the cruise company announced it was resuming sailings in the Caribbean. Natalia Koulikowsky, human resources director at Great Stirrup Cay management, told Tribune Business yesterday they have been preparing for Norwegian’s resumption of sailing and eventual return to the cay for “quite some time now”. Ms Koulikowsky said: “While I can’t verify when NCL will be returning to the cay as it is way above my pay grade. We have been preparing for some months now so we are very anxious to start.” NCL announced in a statement to the media that they will return to sailing on July 25 from Athens, Greece and then from Montego Bay, Jamaica on August 7 and then on August 15 from Punta Cana, Dominican Republic. There was no mention of a return to the port of Nassau in their release. Messages from the Tribune Business yesterday to NCL on confirmation of their return to Nassau went unanswered up to press time. Ms Koulikowsky also said, however, “I do understand that NCL made a proposal to the CDC and as I understand the date in that proposal was July 4, but to tell you the truth I am unable to make that confirmation.” “We have been trying to get our facility in tip top shape so that we can be ready. We have 40 staff members and many of them are already back to work, but at this moment we have zero cash flow.” Lena Roberts, general manager of Cooliemae’s Sunset by the Sea, said that once NCL follows the safety protocols then their return would be “great”. Ms Roberts also said that while Great Stirrup Cay hires a lot of people, more people work at CoCo Cay but that with Great Stirrup coming back soon it will be a much needed boost for the island. Wilmalee Bastian, general manager of Crum’s Rentals, said: “I don’t know if NCL coming back will be a good thing. I’m a frightful person and I’m not benefitting from them because I’m in the tourism industry and they mainly come to the Cay.” Ms Bastian also said: “It will be a benefit for the persons who work there. It’s good for them, they will have their jobs back and that’s a plus. But I’m wondering if they are ready for it as far as this pandemic is concerned, this is my only setback with this. I think we need to bounce back to reality.” Acknowledging comments made by Ms Kuoulikowsky on the Cay’s arduous months of preparation, Ms Bastian said that while she is on the mainland and doesn’t have much access to the Cay, she said: “I heard that some of the vendors have had some things put in place for them. I don’t know what it’s all about with regard to all of the protocols they have in

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IMF upgrades forecast for 2021 global growth to a record 6% By PAUL WISEMAN Associated Press

By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net

accord, opting for what he called a maximum-pressure campaign involving restored and additional American sanctions.

A LOCAL technology provider said the launch of the Computer Incident Response Team (CIRT) would allow the country to follow “global best practice” on cyber security. Scott MacKenzie, chief executive of Cloud Carib, told Tribune Business that while he has not been invited to any of the CIRT sessions he feels the government moving forward on CIRT development is a “great thing”. He said: “Setting up a CIRT is very beneficial for every nation state. At the end of the day the initiative is led by the ITU (Information Technology Unit) with the department of digitization and transformation and I think it is an amazing opportunity for the country to follow global best practice to have a cyber incident response team and cyber emergency management response team.” Mr Mackenzie added: “This is basically programmatically developing what you do as a nation state in the event of a cyber incident. “Depending on the type of compromise, there’s different things that they’re going to want to do. So if there’s a bad actor still on the system, the police may want to actually go and try to get onto the system and trace the individual that’s compromised the system. If it’s something that’s still continuing, and it’s malicious activity, usually they have to terminate the connection. “This is where a CIRT programme and structuring it becomes beneficial because now the nation as a whole knows what to do

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INTERNATIONAL Monetary Fund Managing Director Kristalina Georgieva attends the Paris Peace Forum at The Elysee Palace in Paris. Georgieva said yesterday that when the IMF releases its updated economic forecast next week, it will show the global economy growing at a faster pace than the 5.5% gain it projected at the start of the year. Photo: Ludovic Marin/Pool/AP economy shrank 3.3% in 2020 after the devastating recession that followed the coronavirus’ eruption across the world early last spring. That is the worst annual figure in the IMF’s database, though not as severe as the 3.5% drop it had estimated

three months ago. Without $16tn in global government aid that helped sustain companies and consumers during COVID-19 lockdowns, IMF forecasters say, last year’s downturn could have been three times worse. The US economy, the

world’s biggest, is now forecast to expand 6.4% in 2021 — its fastest growth since 1984 — and 3.5% in 2022. The US growth is being supported by President Joe Biden’s $1.9tn relief package,

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World powers seek to bring US back into Iran nuclear deal Associated Press OFFICIALS from five world powers began a new effort yesterday to try to bring the United States back into the foundering 2015 nuclear deal they signed with Iran, a delicate diplomatic dance that needs to balance the concerns and interests of both Washington and Tehran. The meeting in Vienna of envoys from Russia, China, Germany, France, Britain and Iran came as the US was due to start its own indirect talks with Iran. It would be one of the first signs of tangible progress in efforts to return both nations to the accord, which restricted Iran’s nuclear programme in return for relief from US and international sanctions. Following the closed meetings of the signatories to the deal, known as the Joint Comprehensive Plan of Action, Russia’s delegate, Mikhail Ulyanov, tweeted that the initial talks were “successful”.

SCOTT MACKENZIE

Govt’s CIRT launch in cyber security ‘best practice’

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HE rollout of COVID-19 vaccines and vast sums of government aid will accelerate global economic growth to a record high this year in a powerful rebound from the pandemic recession, the International Monetary Fund says in its latest forecast. The 190-country lending agency said yesterday that it expects the world economy to expand 6% in 2021, up from the 5.5% it had forecast in January. It would be the fastest expansion for the global economy in IMF records dating back to 1980. In 2022, the IMF predicts, international economic growth will decelerate to a still strong 4.4%, up from its January forecast of 4.2%. “A way out of this health and economic crisis is increasingly visible,’’ IMF chief economist Gita Gopinath told reporters. The agency’s economists now estimate that the global

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POLITICAL deputy at the Ministry of Foreign Affairs of Iran, Abbas Araghchi, right, arrives at the Grand Hotel Wien where closed-door nuclear talks with Iran take place in Vienna, Austria, yesterday. Foreign ministry officials from the countries still in the accord, the so-called Joint Comprehensive Plan of Action, are meeting in Vienna to push forward efforts to bring the United States back into the 2015 deal on Iran’s nuclear programme. Photo: Florian Schroetter/AP “The restoration of JCPOA will not happen immediately. It will take some time. How long? Nobody knows,” he wrote. “The most important thing after today’s meeting of

the Joint Commission is that practical work towards achieving this goal has started.” In 2018, then-President Donald Trump pulled the US unilaterally out of the

Hotels chief: US quarantine drop ‘step in right direction’

By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net

BAHAMAS Hotel and Tourism Association (BHTA) president said the US dropping its quarantine policy for vaccinated Americans returning from abroad is a “step in the right direction”. Robert Sands, told Tribune Business yesterday: “Well, it is certainly a move in the right direction for travellers and for the general population. It is also a move towards a more normal existence, which I think is very important and there’s no question that certainly the United States is aggressively trying to vaccinate its population.” The CDC announced in February that American citizens who have been vaccinated upon return to the US there will be no mandatory quarantine. The two week quarantine had been labelled an industry killer as the US sought to rebound from the economic fallout from the COVID-19 pandemic. “I looked at the latest statistic that maybe the US is close to having 70m

ROBERT SANDS vaccinated, so at this point and time they’re getting to maybe about 20 percent of their population,” said Mr Sands. “The US is vaccinating 2m-3m people a day, which is a good pace, and I think that’s a good thing for the continued rebound of tourism certainly for The Bahamas.” To move forward itself Mr Sands said The Bahamas should continually work towards sourcing tourists from other markets while getting as many Bahamians

vaccinated as possible. Numerous voices in the tourism industry have expressed anxiety over the need to vaccinate and the pace at which those in the tourism sector are being immunised. Some argue hotel workers should be a priority to stimulate a quick rebound to the Bahamian tourism sector. “I think that the government will be addressing this particular issue of vaccinations for people in the tourism sector. The Prime Minister alluded to it more

than one occasion, so I think should star tuned,” said Mr Sands. Aashwin Bali, general manager of the Holiday Inn Express, was less enthusiastic about the US government announcing new quarantine guidance to vaccinated Americans. He said: “The thing is you can still catch COVID-19 even after you have been vaccinated and you can still spread COVID19. Vaccinations will not stop the spread of COVID-19. “Vaccinations will save you as it will make you more

immune towards COVID19, but you can still spread the disease if you don’t follow the COVID-19 protocols that we have. “So vaccination is just for your personal safety and boosts your immune system, so by saying that you don’t have to quarantine after you have travelled is not 100 percent right. In my opinion, you still should have a test when you travel in from somewhere and you have to quarantine in terms of the quarantine protocol as well.” Mr Bali cautioned that despite the increase in vaccinations taking place in key source markets for The Bahamas, the virus is “still spreading”. “As I said, it is just immune boosters and boosting the human body’s immune system,” added Mr Bali. Notwithstanding that COVID-19 is still looming over the country, Mr Bali said he had a 50 percent occupancy over the Easter holiday and that Holiday Inn Express is “slowly gathering momentum”. Offers to local tourists that he has been giving offers too, gave the hotel the boost it needed during the Easter break.


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CDC ISSUES CRUISE GUIDELINES TO RESUME SAILINGS By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net THE Centres for Disease Control in the US has issued new technical guidance for cruise lines looking to resume sailing in 2021. The CDC, provided technical instructions on their Conditional Sailing Order (CSO) issued in October, where they are now, “requiring cruise lines to establish agreements at ports where they intend to operate, implement routine testing of crew, and develop plans incorporating vaccination strategies to reduce the risk of introduction and spread of COVID-19 by crew and passengers.”

NASSAU Cruise Port. The CDC is also asking for cruise lines to increase their reporting frequency on COVID-19 cases and illnesses from weekly to daily and also implement routine testing of all crew members based on each ship’s colour status.

Ships that classify as “red” with either no port agreements or their agreements are pending, should conduct screening testing of crew members weekly and those as “orange” will be every two weeks. Ships that classify as “yellow” have

no specified time and those with “green” should conduct testing every 28 days. The CDC has also decreased the amount of time that it takes for a ship that has classified as red to become green from 28 days to now 14 days. Cruise lines will also have to create planning materials for any agreement that they enter into with any port authority and local health authority and those authorities must approve that each individual ship has the necessary infrastructure to manage any outbreak that would happen on board as well as have the necessary capacity and housing to isolate infected people. There must also be a plan

and timeline for vaccination of crew and port personnel under their management. The CDC also said: “The next phase of the CSO will include simulated (trial) voyages that will allow crew and port personnel to practice new COVID19 operational procedures with volunteers before sailing with passengers. Michael Bayley, chief executive officer of Royal Caribbean Cruise line, announced in November that over 100,000 people had signed up to its trial cruise voyage. However, there is no idea where this trial voyage will head. RCCL has announced its intention to return to sailing from The Bahamas

in June of this year as well as announced that it will be home porting at Prince George Wharf, joining Crystal Cruise line who will also be home porting at Prince George Wharf in June. “COVID-19 vaccination efforts will be critical in the safe resumption of passenger operations. As more people are fully vaccinated, the phased approach allows CDC to incorporate these advancements into planning for resumption of cruise ship travel when it is safe to do so. CDC recommends that all eligible port personnel and travellers (passengers and crew) get a COVID-19 vaccine when one is available to them.”

DISTILLERY TO LAUNCH Govt reaches new DESPITE COVID SETBACK milestone in digial transformation By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net A NEW rum distillery was held back by COVID-19’s impact last year but is now ready to showcase their business as a tourist attraction. Sarah Davis, co-owner of Luna Rum Distillery, told Tribune Business their newly launched distillery has actually been open for a year. They had planned an official launch in early 2020 but due to the onset of the COVID-19 pandemic they had to put plans off for this year. Ms Davis said: “Right now things are a little slow. We’ve been open for a year, but we opened the doors right when COVID19 hit.” There are a total of ten people, including senior management working at the distillery.

“We initially anticipated this to be more of a tourist attraction, but because we’re been closed off to that it has been a little slow. But we’re trying to get the momentum going since it’s Spring time and we’re seeing a bit more tourists,” said Ms Davis. Luna is a located off of Gladstone Road. They offer tours of their facilities, cocktails and retail bottles of their flavoured rum. There are six flavours of rum that Luna produces now, “coconut, pineapple, raspberry, chocolate, cherry, banana and coffee flavour”, Ms Davis said. She added that while these flavours are more “party flavours”, they will be officially launching their aged rum, white rum and spiced rum brands within the next two weeks when their labelling and other branding materials arrive.

Ms Davis said: “We have our new flavours made already, but we haven’t made them in masses. We did some testing, we’ve approved what the flavour profile is going to be and the quantity of each ingredient, and we’re ordering the labels now. As soon as we get the labels, maybe in two weeks we will be able to bottle those.” While Ms Davis has intentions of taking Luna all over the world, she admitted that while they have yet to partner with a local liquor distributor in the country that they will do so “eventually”. Ms Davis also said that because the COVID-19 pandemic changed their launch plans and even though they have been producing rum from the early part of last year, they have shifted towards producing hand sanitizer for the public.

A MILESTONE component of the government’s digital transformation strategy, Computer Incident Response Team (CIRT) Assessment sessions were held on March 30-31, Participants included chief information security officers (CISOs), as well as information technology (IT) leads of government ministries, departments and agencies (MDAs), and of the private sector. The goal of this first-ever CIRT assessment exercise was to evaluate the national cyber threat landscape. CIRTs are responsible for ensuring that security breaches, viruses and potentially catastrophic incidents are responded to quickly and effectively. The CIRT assessment session, led by the Digital Transformation Unit (DTU), is part of the government’s $30m dollar initiative to digitise public services and improve the ease of doing business in The Bahamas.

The objective of this exercise is to establish the first National Cybersecurity Strategy and national CIRT, critical components of the government’s ongoing efforts to reduce the security risks associated with online transactions and digital networks within its agencies. A cross section of public and private sector IT professionals participated in the CIRT assessment sessions. Government ministries participating in the sessions include: the Department of Transformation and Digitisation (DTaD), The Royal Bahamas Defence Force, the Royal Bahamas Police Force Cybercrime Unit, and the Ministry of Finance. Importantly, the sessions also include Critical National Infrastructure representatives from the oil and gas industries in the energy sector as well as representatives from the health, banking, electricity sectors, and representatives from transport, ports and

aviation industries from the transportation sector. The session’s invitees also included civil society groups, internet governance representatives, professional associations, cybersecurity non-governmental organisations and leaders in higher education. “As the government continues its efforts to make it easier for citizens to access and pay for government services online, it is increasingly important to ensure that they can safely and securely conduct transactions,” said Permanent Secretary Elise Delancy from the Digital Transformation Unit, which is leading the government’s digital transformation initiatives. “The establishment of the national cybersecurity programme is important to not only provide robust preventative and response measures but also to establish The Bahamas as one of the regional leaders in the digital space.”

Govt’s CIRT launch in cyber security ‘best practice’

Maintaining that the first steps to any cyber threat must be “programmatic” calling it an “insurance, more like a business continuity programme or a disaster recovery programme. It’s just basically making sure you’re planning for a worst-case scenario when you are hoping for the best. “That’s one of the things they would be working with the national infrastructure providers, whether that’s the electricity provider, the water provider, the sewerage provider, the telecommunications provider and they would make sure that the national programme is interlinked with those critical infrastructure providers.” Mr Mackenzie said cyber attacks don’t go in seasons

and an attack can happen at anytime. “There is no miracle cure for protecting yourself. It’s always about layers,” he said. “The more layers you have, the more protected that you are, I would say COVID-19 has accelerated attacks on critical infrastructure like hospitals, medical clinics and stuff like that. Because bad actors that are using malware and encrypting people’s computers, the more important that data the more people are going to focus on you as an attack. “I don’t think there’s any magical solution to good security. It’s just a matter of being diligent and just taking personal responsibility to being extra careful around your computer systems.”

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and they can educate the market on what to do. How do you educate the market, how do you communicate to the people what they need to do and keep everybody safe?” Mr Mackenzie also said: “We have to prepare the next generation to ensure that these programmes are put in place to keep them safe. I think this is a very beneficial thing from a national perspective.

World powers seek to bring US back into Iran nuclear deal FROM PAGE ONE Since then, Iran has been steadily violating restrictions in the deal, like the amount of enriched uranium that it can stockpile and the purity to which it can be enriched. Tehran’s moves have been calculated to pressure the other nations in the deal to do more to offset crippling US sanctions reimposed under Trump. US President Joe Biden, who was vice president under Barack Obama when the

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original deal was negotiated, has said he wants to bring the US back into the JCPOA but that Iran must reverse its violations. Iran argues that the US violated the deal first with its withdrawal, so Washington has to take the first step by lifting sanctions. Following the meeting in Vienna, Iranian state television quoted Iran’s negotiator, Abbas Araghchi, as reiterating that message during the opening round of talks. “Lifting US sanctions is the first and the most

necessary action for reviving the deal,” Araghchi was quoted as saying. “Iran is fully ready to reverse its activities and return to complete implementation of the deal immediately after it is verified sanctions are lifted.” At the meeting, participants agreed to establish two expert-level groups, one on the lifting of sanctions and one on nuclear issues, which were “tasked to identify concrete measures to be taken by Washington and Tehran to restore full implementation of JCPOA”, Ulyanov tweeted.

Cay staff ‘anxious’ on cruise return

with the frequent “back and forth” from the mainland to the Cay but she feels confident the proper control mechanisms have been put in place on Great Stirrup Cay, arguing that the Cay’s management team is “very strict” and that they will ensure everything goes ok. “I’m sure this is a plus for the island. Our people will get back to work and things wouldn’t be so rough with them.”

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place for people travelling from the mainland to the cays.” Ms Bastian is concerned


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Wednesday, April 7, 2021, PAGE 3

IMF upgrades forecast for 2021 global growth to a record 6% FROM PAGE ONE while an acceleration in the administering of vaccines is beginning to let Americans return to restaurants, bars, shops and airports in larger numbers. The world’s secondlargest economy, China, which imposed a draconian

COVID-19 clampdown a year ago and got a head start on an economic recovery, will record 8.4% growth this year and 5.6% in 2022, the IMF estimates. The monetary fund expects the 19 countries that share the euro currency to collectively expand 4.4% this year and 3.8% in 2022. Japan is

expected to register 3.3% growth this year and 2.5% next year. Gopinath warned that the economic recovery is likely to be uneven. The rebound is expected to be slower in poor countries that can’t afford massive government stimulus and in those dependent on tourism. Economic

damage from the health crisis is “reversing gains in poverty reduction’’ and last year increased the ranks of extreme poor by 95 million compared with pre-pandemic projections. She also predicted that “many of the jobs lost are unlikely to return’’ — because of trends accelerated by the

pandemic, such as stepped-up automation and a shift toward e-commerce and away from brick-and-mortar stores. A faster recovery in the United States means US interest rates could rise “in unexpected ways’’, rattling financial markets and pulling investment out of hard-hit, debt-ridden

emerging markets. In the IMF’s estimation, the global rebound will gradually lose momentum and return to pre-COVID levels of just above 3% growth. Countries will again encounter the obstacles they faced before the pandemic, including aging work forces in most rich countries and in China.

Senate gives Biden a big tool to work around GOP filibuster WASHINGTON Associated Press WITH a powerful new tool, Senate Majority Leader Chuck Schumer has fresh options for potentially advancing President Joe Biden’s infrastructure package and other priorities past Republican obstruction in the 50-50 split Senate. Republicans still pledge to do all they can to halt Biden, but an official parliamentarian’s opinion this week is a potential gamechanger. It unleashes multiple options for Democrats to advance parts of Biden’s agenda — including immigration and Medicare legislation — with 51 votes in the 100-member Senate rather than the 60 typically needed to move major legislation past filibuster threats. There has been talk of trying to change the filibuster rules, but that would be a very heavy political lift in the divided and traditiondevoted Senate. The White House was heartened by the parliamentarian’s ruling but isn’t giving up on support from some Republicans, despite their strong opposition to paying for much of the infrastructure plan with a corporate tax increase. The president, said press secretary Jen Psaki, “continues to believe ... that there is a bipartisan path forward.” However, it is clear that the deep partisan polarisation in Washington has led to a new era in legislating. The seasoned policy wonks on Capitol Hill are digging deep into the procedural toolbox to find ways around the gridlock that typically leaves Congress at a standstill. Senate Republican leader Mitch McConnell chided Biden for partisanship, and declared yesterday that his side would not be supporting the $2.3tn infrastructure package that Biden wants to pay for with the tax hike on corporations. “For a president who ran as a bipartisan, I haven’t seen that yet,” McConnell told reporters in Kentucky. McConnell said Biden is a “terrific person I know him well, I like him. We’ve been friends for years. A moderate he has not been.” While congressional Democrats had already planned on resorting to “budget reconciliation”, a special, budget-linked procedure with a 51-vote threshold to pass parts of Biden’s $2.3tn infrastructure package, the parliamentarian’s ruling opens the door to using it on certain other priorities.

PRESIDENT JOE BIDEN Talks are swirling around an immigration overhaul that could provide a pathway to citizenship for some. There is also discussion about using the process to lower the Medicare retirement age from 65 to 60 and other agenda items. Schumer’s office said no decisions have been made. Any action still involves wresting consensus from all 50 senators in the Democratic caucus, progressives and centrists alike, which could prove daunting. But spokesman Justin Goodman welcomed the parliamentarian’s opinion as “an important step forward that this key pathway is available to Democrats if needed”. Using the budget rules to pass sweeping legislation on a party line vote is not new. Congress used the budget reconciliation process last month to approve Biden’s sweeping $1.9tn COVID-19 rescue despite no Republican support. First used in 1980, the process has been employed most years since, according to a Congressional Research Service report. In 2017, a Congress controlled by Republicans used budget reconciliation to approve the Trump-era GOP tax cuts on a party line vote. In 2010, Democrats used it for the Affordable Care Act, known as Obamacare. George W Bush relied on reconciliation twice to approve tax cuts, including once when Vice President Dick Cheney cast the tie breaking vote. But the opinion by the nonpartisan Senate parliamentarian, Elizabeth McDonough, late on Monday means the process can potentially be used multiple times this year -- rather than just two or three times, as had been expected. Typically, Congress has one budget resolution every fiscal year, or two each calendar year since the fiscal year starts Oct 1. The parliamentarian signaled if the annual budget resolution is revised, the process can be used again. That’s a quicker route to passage for certain Biden

priorities than gutting the Senate filibuster, the longrunning practice that some senators and critics say is a throw-back used by prosegregationists to block Civil Rights legislation and should be changed. The filibuster enables any single senator to object to consideration of legislation or other matters, and can usually only be overcome with a 60-vote threshold — a tall order in the now evenly split chamber. Democrats hold the majority in the 50-50 Senate because the party’s vice president, Kamala Harris, can cast a tie-breaking vote. While Sen Jeff Merkley, D-Ore, and other leading progressives have advocated changing the filibuster rules, more centrist Democrats including Joe Manchin of West Virginia are not on board. Using the budget reconciliation could provide a short-term fix, but it is not without drawbacks. It involves a cumbersome process and sometimes allnight Senate sessions called “vote-a-ramas” as senators offer multiple amendments. Moreover, the budget tools have other limits in that the proposals need to hew to budgetary guidelines, which means not all bills would qualify. Already, the parliamentarian earlier this year rejected a proposal to hike the federal minimum wage to $15 an hour as part of the COVID-19 package because it did not meet budgetary guidelines. Voting rights, gun violence bills and other legislation would likely run into similar limits. Those seeking changes to the filibuster rules welcomed the budget tool but said changes to the filibuster practice are still needed. “It is great that Senate Democrats are going to be able to pass many of their economic priorities with a simple majority,” said Eli Zupnick of Fix our Senate, a group advocating filibuster changes. But he said “that won’t be nearly enough if the filibuster remains as a tool.”

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EU OFFICIALS TELL TURKEY HUMAN RIGHTS ARE KEY TO BETTER TIES ANKARA Associated Press

TOP European Union officials said they used a meeting with Turkish President Recep Tayyip Erdogan to insist that any moves on the bloc’s part to enhance EU-Turkey

relations would be conditional on Turkey improving its record on human rights and the rule of law. European Commission President Ursula von der Leyen and European Council President Charles Michel said they also made clear

THE TRIBUNE that a “stable and secure environment” for EU members Cyprus and Greece is another prerequisite for closer ties with Turkey. The two EU officials met with Erdogan in Ankara weeks after the Turkish leader took conciliatory steps toward the EU and European leaders agreed to increase trade and improve cooperation with Turkey on migration. EU leaders

agreed to offer Turkey new incentives despite ongoing concerns about the country’s backslide on democratic and human rights, and its energy ambitions in the Mediterranean Sea. Turkey is formally a candidate for EU membership, but its bid to join the 27-nation bloc is at a standstill. Erdogan’s efforts at reconciliation followed a flare-up of tensions last

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year over Turkey’s decision to stop deterring migrants from crossing its border into Greece, as well as over the dispatching of Turkish research ships into waters claimed by Greece and Cyprus. “The EU strategic interest remains a stable and secure environment in the eastern Mediterranean and a mutually beneficial and positive relationship with Turkey,” Michel said after yesterday’s meeting. He and von der Leyen said they urged a continuation of Turkey’s de-escalation efforts. “The sustainability of

what we’ve seen over the last weeks has to be proven,” von der Leyen said. “In that context, it is for us important that there is a true attitude towards respecting human rights, respecting the rule of law and moving in that direction.” Last month, Erdogan pulled Turkey out of a key European convention aimed at combatting violence against women, triggering criticism from EU officials. The move was a blow to Turkey’s women’s rights movement, which says domestic violence and murders of women are on the rise.

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Wednesday, April 7, 2021, PAGE 7

Millennial Money: Reboot your budget to prep for reopening By COURTNEY JESPERSEN Associated Press PICTURE cruising your car deep into 2021 and never glancing in the rearview mirror. Vaccines, travel and a hope of normalcy are finally on the horizon. With so much to look forward to in the future, it’s understandable to not want to look back. But returning to typical day-to-day life will be a transition. And from a financial standpoint, you’ll want to assess your past budgeting behavior to prepare for more normal days ahead. REVIEW PAST AND CURRENT SPENDING Last year’s spending didn’t look like 2019. And 2021 won’t look like either 2020 or 2019. But you’ll need this historical insight to inform your future spending, especially as you start reintroducing

expenses that used to be ordinary, like concert tickets, plane tickets and so forth. Some people’s spending decreased dramatically last year (either from necessity or choice). But others faced comparable expenses, says Molly Laughter, certified financial planner and founder of Laughter Financial LLC in Dallas. Remember that jungle gym for the kids to play on in the backyard? Or the Xbox for long nights of playing video games? They may have been great ways to keep you occupied and comfortable at home, but now you’ll need to find a way to balance these newer expenses with your past spending on the activities you hope to return to. Since many of us are already taking a close look at our finances right now as we file taxes. Laughter suggests using this opportunity

to review year-end financial summaries from your credit cards and bank accounts. Size up each category. How much did you spend? Was it worth that amount? Would you want to continue spending that much? PLAY FAVORITES Ever since COVID-19 became part of our vocabulary, there’s been talk that life would never return to normal. Laughter anticipates your future spending will be a “new normal”. Sure, you may introduce dinners out — and possibly even a trip — to the mix, but expect to continue paying for quarantine life staples like deliveries and at-home activities. According to Vid Ponnapalli, CFP and owner of Unique Financial Advisors based in Holmdel, New Jersey, “There is going to be a paradigm shift with respect to how budgeting in the future will be compared

to how it was pre-COVID.” This new balance means you’ll need to play favorites with your finances. After all, you can’t keep up the amount you’ve been dropping on at-home entertainment and food deliveries while also upping the amount you spend on indoor dining and live shows. It just won’t all fit in the budget. Select the expenses you benefit from most. To make the necessary adjustments, Laughter suggests looking at the big picture. Don’t get too caught up in specific line items. (For example, if you’re spending 25% less on grocery orders, you don’t have to redirect that exact amount to dinners out.) Instead, once your needs and savings are accounted for, set a dollar figure you can afford each month for discretionary expenses, then spend it on whatever you

want. You may never add back in some things you used to spend money on. As Ponnapalli says, we’ve all figured out new ways to spend less money and still have fun. Dropping thousands of dollars on concert tickets may not feel worth it anymore when you compare it with watching a (much cheaper) livestream at home. PLAN FOR FUTURE GOALS Life hasn’t returned to normal by any means. But for many Americans, the prospect of getting a vaccine is mere weeks or months away. Use the time between now and then to prepare for what’s to come. Laughter says to think of it like advance notice. “The vaccines aren’t getting out as quickly as we’d like,” she says. “So start your clock.” Begin setting aside a certain amount monthly to accomplish a goal when

STOCKS SLIP ON WALL STREET AS MARKET EASES BACK FROM RECORDS Associated Press A WOBBLY day of trading on Wall Street left stocks slightly lower yesterday, pulling the market back from the all-time highs it reached a day earlier. The S&P 500 snapped a three-day winning streak, slipping 0.1% after wavering between small gains and losses much of the afternoon. Stocks within the benchmark index were nearly evenly split between gainers and losers. Technology and health care stocks accounted for much of the decline. Financial stocks fell as bond yields eased. That countered broader gains from companies that are depending on continued economic growth to recover. Oil prices rose. Much of the gyrations within the market lately are occurring as Wall Street assesses the health and speed of the economic recovery. There’s been strong

support for many of the sectors and companies beaten down by the pandemic as vaccine distribution helps businesses reopen, while government stimulus helps shore up businesses in the interim. Even as that shift occurs, technology and other stocks that benefitted from the shutdowns still look fundamentally strong, said Jeff Buchbinder, equity strategist at LPL Financial. “We’re seeing this battle play out here in markets every day,” he said. “That’s going to drive some churn.” The S&P 500 lost 3.97 points to 4,073.94. The Dow Jones Industrial Average fell 96.95 points, or 0.3%, to 33,430.24. Both indexes set all-time highs on Monday. The tech-heavy Nasdaq composite slipped 7.21 points, or 0.1%, to 13,698.38. Small company stocks, which have been outgaining the broader market this year, also fell. The Russell 2000 index of smaller companies gave up 5.73 points, or 0.3%, to 2,259.15. The

NOTICE NOTICE is hereby given that MICHAEL OSCAR, of Johnson Road, New Providence, The Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 7th day of April 2021 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

NOTICE NOTICE is hereby given that JENNIFER SANDS, of Solider Road, New Providence, The Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 31st day of March 2021 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

NOTICE NOTICE is hereby given that NOEL SIBI MARK, of Apt 20/3, Little Blair, Buccaneer Road, New Providence, The Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 31st day of March 2021 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

index is up 14.4% so far this year, while the S&P 500, which tracks large companies, is up 8.5%. Bond yields fell. The yield on the ten-year Treasury slipped to 1.65% from 1.72% late Monday. That helped pull banks lower, as they rely on higher yields to charge more lucrative interest on loans. JPMorgan Chase fell 0.7%. Investors have been weighing concerns about higher inflation as the economy grows, along with expectations that retailers and other service sector stocks will make solid gains as the world moves past the pandemic and returns to some semblance of normalcy. Retailers, cruise lines and hotel operators were among the winners yesterday. Gap rose 2.5%, Norwegian

it’s all said and done. For example, if you want to travel again by a certain date, use the next few months to funnel funds into a designated savings account. If your student loan payment is on hold, make a plan for how you’ll strategically spend those extra funds in the meantime. And prepare for that added bill when it’s reintroduced. Whatever financial decisions you make, remember, whether we’re in a pandemic or not, the fundamentals of finances don’t go away. Spread your money between things you need, things you want and savings. Your allocations may change, but “the name of the game is the same as it was before — budgeting, budgeting, budgeting,” Ponnapalli says. Here’s to better days and better budgets ahead.

To advertise in The Tribune, contact 502-2394

Cruise Line added 4.6%, and Wynn Resorts gained 4%. Alaska Air Group climbed 3.7%, while Delta Air Lines closed 2.8% higher. The International Monetary Fund expects global economic growth to accelerate this year as vaccine distribution ramps up and the world rebounds. The 190-country lending agency said it expects the world economy to expand 6% in 2021, up from the 5.5% it had forecast in January. That would be the fastest expansion in IMF records dating back to 1980. The Labor Department in the US reported that job openings reached the highest level on record in February, a harbinger of healthy hiring and a hopeful sign for those looking for work.

NOTICE NOTICE is hereby given that CORAL JOYCE CAMPBELL HARVEY, of Ocean Hill Blvd, Freeport, Grand Bahama is applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 7th day of April 2021 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

MARKET REPORT www.bisxbahamas.com

TUESDAY, 6 APRIL 2021

BISX ALL SHARE INDEX:

CLOSE

CHANGE

1962.53

3.08

%CHANGE

YTD

YTD%

0.16 -129.93

-6.21

(242) 323-2330 (242) 323-2320

BISX LISTED & TRADED SECURITIES 52WK HI 5.00 33.05 2.00 2.90 2.10 6.00 6.90 3.60 6.01 4.05 6.16 12.00 2.75 6.85 10.71 9.00 14.60 4.25 8.97 16.00

52WK LOW 3.13 22.65 0.67 1.62 1.50 5.00 6.00 2.70 4.27 2.75 5.00 9.75 2.10 4.90 9.50 8.00 13.00 3.42 8.15 14.00

PREFERENCE SHARES 1.00

1.00

1000.00 1000.00 1000.00 1000.00

1000.00 1000.00 1000.00 1000.00

1.00 10.00 1.00

1.00 10.00 0.90

SECURITY AML Foods Limited APD Limited Benchmark Bahamas First Holdings Limited Bank of Bahamas Bahamas Property Fund Bahamas Waste Cable Bahamas Commonwealth Brewery Commonwealth Bank Colina Holdings CIBC FirstCaribbean Bank Consolidated Water BDRs Doctor's Hospital Emera Incorporated Famguard Fidelity Bank Bahamas Limited Focol Finco J. S. Johnson

SYMBOL AML APD BBL BFH BOB BPF BWL CAB CBB CBL CHL CIB CWCB DHS EMAB FAM FBB FCL FIN JSJ

LAST CLOSE 5.00 32.12 1.62 2.90 1.59 6.00 6.74 3.56 4.40 2.95 5.67 9.75 2.65 6.84 10.94 9.00 14.00 3.94 8.35 15.50

CLOSE 5.00 32.12 1.62 2.90 1.59 6.00 6.74 3.56 4.45 2.97 5.67 9.75 2.61 6.84 11.01 9.00 14.00 3.95 8.35 15.50

1.00 1000.00 1000.00 1000.00 1000.00 1.00 10.00 1.00

1.00 1000.00 1000.00 1000.00 1000.00 1.00 10.00 1.00

SYMBOL FBB22 BFHB

LAST SALE 100.00 100.00

CLOSE 100.00 100.00

CHANGE 0.00 0.00

BAH29 BG0107 BG0207 BG0130 BG0230 BG0307 BG0330 BG0407 BSBGR1200371 BSBGRS710237 BSBGR1322498

107.31 100.00 100.00 100.00 100.00 100.00 100.00 100.00 97.04 102.00 100.00

107.31 100.00 100.00 100.00 100.00 100.00 100.00 100.00 97.04 102.00 100.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Bahamas First Holdings Preference Cable Bahamas Series 6 Cable Bahamas Series 8 Cable Bahamas Series 9 Cable Bahamas Series 10 Colina Holdings Class A Fidelity Bank Bahamas Class A Focol Class B

BFHP CAB6 CAB8 CAB9 CAB10 CHLA FBBA FCLB

CORPORATE DEBT - (percentage pricing) 52WK HI 100.00 100.00

52WK LOW 100.00 100.00

115.92 100.00 100.00 100.00 100.00 100.00 100.00 102.00 97.72 104.00 100.00

104.79 100.00 100.00 100.00 100.00 100.00 100.00 100.00 93.92 100.25 100.00

SECURITY Fidelity Bank (Note 22 Series B+) Bahamas First Holdings Limited

BAHAMAS GOVERNMENT STOCK - (percentage pricing) Bahamas Note 6.95 (2029) BGS: 2014-12-7Y BGS: 2015-1-7Y BGS: 2014-12-30Y BGS: 2015-1-30Y BGS: 2015-6-7Y BGS: 2015-6-30Y BGS: 2015-10-7Y BSBGR FX BSBGR1200371 BGRS FL BSBGRS710237 BGRS FX BSBGR1322498

CHANGE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.02 0.00 0.00 (0.04) 0.00 0.07 0.00 0.00 0.01 0.00 0.00

VOLUME

9,630

5,000

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

EPS$ 0.239 0.932 0.000 0.110 0.070 1.760 0.369 -0.438 0.140 0.184 0.449 0.722 0.102 0.467 0.646 0.728 0.816 0.203 0.939 0.631 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

VOLUME

DIV$ 0.170 1.260 0.020 0.030 0.000 0.000 0.260 0.000 0.000 0.120 0.220 0.720 0.434 0.060 0.328 0.240 0.540 0.120 0.200 0.610 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

P/E 20.9 34.5 N/M N/M N/M N/M 18.3 -8.1 31.8 16.1 12.6 13.5 25.6 14.6 17.0 12.4 17.2 19.5 8.9 24.6

YIELD 3.40% 3.92% 1.23% 1.03% 0.00% 0.00% 3.86% 0.00% 0.00% 4.04% 3.88% 7.38% 16.63% 0.88% 2.98% 2.67% 3.86% 3.04% 2.40% 3.94%

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.00% 0.00% 0.00% 0.00% 0.00% 6.25% 7.00% 6.50%

INTEREST Prime + 1.75% 6.25%

19-Oct-2022 30-Sep-2025

6.95% 4.50% 4.50% 6.25% 6.25% 4.50% 6.25% 4.25% 5.22% 4.53% 5.65%

20-Nov-2029 15-Dec-2021 30-Jul-2022 15-Dec-2044 30-Jul-2045 26-Jun-2022 26-Jun-2045 15-Oct-2022 15-Dec-2037 22-Oct-2023 15-Oct-2049

MATURITY

MUTUAL FUNDS 52WK HI 2.40 4.44 2.15 201.90 184.85 1.69 1.83 1.78 1.24 8.49 10.26 7.28 13.91 12.84 10.81 10.00 10.20 13.79

52WK LOW 2.11 3.30 1.68 164.74 116.70 1.67 1.73 1.75 1.03 6.41 7.62 5.66 8.65 10.54 9.57 9.88 8.45 11.20

FUND CFAL Bond Fund CFAL Balanced Fund CFAL Money Market Fund CFAL Global Bond Fund CFAL Global Equity Fund Leno Financial Conservative Fund Leno Financial Aggressive Fund Leno Financial Balanced Fund Leno Financial Global Bond Fund Royal Fidelity Bahamas Opportunities Fund - Secured Balanced Fund Royal Fidelity Bahamas Opportunities Fund - Targeted Equity Fund Royal Fidelity Bahamas Opportunities Fund - Prime Income Fund Royal Fidelity Int'l Fund - Equities Sub Fund Royal Fidelity Int'l Fund - High Yield Fund Royal Fidelity Int'l Fund - Alternative Strategies Fund Colonial Bahamas Fund Class D Colonial Bahamas Fund Class E Colonial Bahamas Fund Class F

NAV 2.40 4.44 2.15 201.90 184.85 1.68 1.73 1.75 1.03 8.49 10.03 7.28 13.91 12.84 10.05 N/A 10.20 13.79

YTD% 12 MTH% 0.38% 4.56% 0.04% 1.37% 0.20% 2.56% 3.47% 3.47% 10.86% 10.86% 0.36% 0.77% -3.49% -4.68% -0.85% -0.65% -1.79% -16.80% 1.76% 1.76% -1.97% -1.97% 4.91% 4.91% 5.28% 15.75% 0.05% 3.96% -0.35% -6.34% N/A N/A 8.60% 8.60% 11.90% 11.90%

NAV Date

31-Jan-2021 31-Jan-2021 29-Jan-2021 31-Dec-2020 31-Dec-2020 28-Feb-2021 28-Feb-2021 28-Feb-2021 28-Feb-2021 31-Dec-2020 31-Dec-2020 31-Dec-2020 31-Dec-2020 31-Dec-2020 31-Dec-2020 31-Dec-2020 31-Dec-2020 31-Dec-2020

MARKET TERMS

BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00

YIELD - last 12 month dividends divided by closing price

52wk-Hi - Highest closing price in last 52 weeks

Bid $ - Buying price of Colina and Fidelity

52wk-Low - Lowest closing price in last 52 weeks

Ask $ - Selling price of Colina and fidelity

Previous Close - Previous day's weighted price for daily volume

Last Price - Last traded over-the-counter price

Today's Close - Current day's weighted price for daily volume

Weekly Vol. - Trading volume of the prior week

Change - Change in closing price from day to day

EPS $ - A company's reported earnings per share for the last 12 mths

Daily Vol. - Number of total shares traded today

NAV - Net Asset Value

DIV $ - Dividends per share paid in the last 12 months

N/M - Not Meaningful

P/E - Closing price divided by the last 12 month earnings

TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | CAROLISLE 242-502-7525 | LENO 242-396-3225 | BENCHMARK 242-326-7333


PAGE 10, Wednesday, April 7, 2021

THE TRIBUNE

EU APPROVES $4.7 BN IN STATE AID TO CARRIER AIR FRANCE BRUSSELS Associated Press

THE European Union has approved $4.7bn in state aid for national carrier Air France as it struggles through the economic impact of the COVID-19 pandemic, a decision the French government welcomed as “good news”. In return for the aid, the carrier has promised to make slots available to competitors at the busy Orly airport in Paris. “The public support will come with strings attached,” said European Commission Vice President

Margrethe Vestager. Last year, Air France got three billion euros in direct loans from the French state, which will be converted into bonds as part of a recapitalisation of up to four billion euros ($4.7bn). In exchange, the government set conditions of profitability and more environmentally sustainable, less polluting policies. In addition, the French state will participate in the capital increase of the holding company for the Air France-KLM airline alliance, to hold up to 29.9% of capital of the group, the French and Dutch governments said in a joint

nationalising the group. “This is good news for Air France and good news for the French,” French Finance Minister Bruno Le Maire said on France Inter radio yesterday. Air France will give up 18 takeoff and landing slots — about 4% of its slots — at Paris-Orly airport, he detailed. The French government, the airline’s largest single shareholder, has said it was essential to save the national carrier. Air France-KLM expects an operating loss of about 1.3 billion euros ($1.5bn) for the first quarter of 2021. “These first recapitalisation measures are an

AIR France planes are parked on the tarmac at Paris Charles de Gaulle airport, in Roissy, near Paris. The European Union has approved $4.7bn in government aid for national carrier Air France as it struggles through the economic impact of the COVID-19 pandemic. Photo: Christophe Ena/AP statement. The French state now holds 14.3% of the shares.

France and the Netherlands reaffirmed they are not considering

THE WEATHER REPORT

5-Day Forecast

TODAY

ORLANDO

High: 85° F/29° C Low: 59° F/15° C

TAMPA

FRIDAY

SATURDAY

SUNDAY

Mostly sunny and nice

Clear to partly cloudy

Mostly sunny and nice

Mostly sunny, breezy and pleasant

Mostly sunny, breezy and more humid

Partly sunny, warm and humid

High: 79°

Low: 65°

High: 80° Low: 67°

High: 81° Low: 70°

High: 82° Low: 71°

High: 84° Low: 72°

AccuWeather RealFeel

AccuWeather RealFeel

AccuWeather RealFeel

AccuWeather RealFeel

AccuWeather RealFeel

AccuWeather RealFeel

85° F

64° F

85°-65° F

83°-68° F

86°-70° F

89°-75° F

The exclusive AccuWeather RealFeel Temperature® is an index that combines the effects of temperature, wind, humidity, sunshine intensity, cloudiness, precipitation, pressure and elevation on the human body—everything that affects how warm or cold a person feels. Temperatures reflect the high and the low for the day.

N

almanac

E

ABACO

S

N

High: 74° F/23° C Low: 66° F/19° C

4-8 knots

S

High: 82° F/28° C Low: 65° F/18° C

3-6 knots

FT. LAUDERDALE

FREEPORT

High: 80° F/27° C Low: 67° F/19° C

E S

E

W

WEST PALM BEACH

W

uV inDex toDay

THURSDAY

W

N

| Go to AccuWeather.com

TONIGHT

High: 82° F/28° C Low: 64° F/18° C

High: 77° F/25° C Low: 65° F/18° C

MIAMI

High: 81° F/27° C Low: 67° F/19° C

4-8 knots

KEY WEST

High: 81° F/27° C Low: 71° F/22° C

ELEUTHERA

High: 79° F/26° C Low: 65° F/18° C

Forecasts and graphics provided by AccuWeather, Inc. ©2021

N

The higher the AccuWeather UV IndexTM number, the greater the need for eye and skin protection.

tiDes For nassau High

Ht.(ft.)

Low

Ht.(ft.)

Today

5:19 a.m. 5:49 p.m.

2.7 2.3

11:49 a.m. 0.1 11:59 p.m. 0.1

Thursday

6:13 a.m. 6:39 p.m.

2.7 2.5

12:37 p.m. 0.0 ---------

Friday

6:59 a.m. 7:23 p.m.

2.7 2.6

12:50 a.m. 0.1 1:18 p.m. 0.0

Saturday

7:40 a.m. 8:03 p.m.

2.7 2.7

1:36 a.m. 0.0 1:56 p.m. -0.1

Sunday

8:18 a.m. 8:39 p.m.

2.6 2.8

2:18 a.m. 0.0 2:30 p.m. -0.1

Monday

8:54 a.m. 9:15 p.m.

2.5 2.8

2:57 a.m. -0.1 3:04 p.m. -0.1

Tuesday

9:30 a.m. 9:50 p.m.

2.4 2.8

3:35 a.m. 0.0 3:37 p.m. -0.1

sun anD moon Sunrise Sunset

6:55 a.m. 7:29 p.m.

Moonrise Moonset

4:33 a.m. 3:47 p.m.

New

First

Full

Last

Apr. 11

Apr. 20

Apr. 26

May 3

CAT ISLAND

E

W

High: 75° F/24° C Low: 68° F/20° C

N

S

E

W

6-12 knots

S

SAN SALVADOR

GREAT EXUMA

High: 76° F/24° C Low: 67° F/19° C

High: 76° F/24° C Low: 70° F/21° C

7-14 knots Shown is today’s weather. Temperatures are today’s highs and tonight’s lows.

Statistics are for Nassau through 2 p.m. yesterday Temperature High ................................................... 75° F/24° C Low .................................................... 56° F/13° C Normal high ....................................... 80° F/27° C Normal low ........................................ 68° F/20° C Last year’s high ................................. 80° F/26° C Last year’s low ................................... 73° F/23° C Precipitation As of 2 p.m. yesterday ................................. 0.00” Year to date ................................................. 2.11” Normal year to date ..................................... 4.78”

High: 74° F/23° C Low: 67° F/19° C

NASSAU

important milestone for our group in this exceptionally challenging period,” said Air France-KLM CEO Benjamin Smith in a statement. “They will provide Air France-KLM with greater stability to move forward when recovery starts, as large-scale vaccination progresses around the world and borders reopen.” KLM said in a statement that the company “will also need capital” and that the Dutch state is in talks with Brussels for that purpose. Tn 2020, the Dutch state supported KLM with a one billion-euro ($1.18bn) loan.

ANDROS

N

High: 76° F/24° C Low: 68° F/20° C

E

W S

LONG ISLAND

tracking map

High: 77° F/25° C Low: 69° F/21° C

6-12 knots

MAYAGUANA High: 78° F/26° C Low: 70° F/21° C

Shown is today’s weather. Temperatures

CROOKED ISLAND / ACKLINS

are today’s highs and tonight’s lows.

RAGGED ISLAND High: 78° F/26° C Low: 71° F/22° C

GREAT INAGUA High: 80° F/27° C Low: 73° F/23° C

N

H

N E

W

E

W

H

High: 77° F/25° C Low: 70° F/21° C

S

S

8-16 knots

8-16 knots

marine Forecast ABACO ANDROS CAT ISLAND CROOKED ISLAND ELEUTHERA FREEPORT GREAT EXUMA GREAT INAGUA LONG ISLAND MAYAGUANA NASSAU RAGGED ISLAND SAN SALVADOR

Today: Thursday: Today: Thursday: Today: Thursday: Today: Thursday: Today: Thursday: Today: Thursday: Today: Thursday: Today: Thursday: Today: Thursday: Today: Thursday: Today: Thursday: Today: Thursday: Today: Thursday:

WINDS NE at 3-6 Knots SSE at 4-8 Knots NE at 6-12 Knots E at 6-12 Knots NE at 6-12 Knots E at 6-12 Knots NE at 8-16 Knots ENE at 7-14 Knots ENE at 6-12 Knots E at 4-8 Knots ENE at 4-8 Knots SSE at 4-8 Knots NE at 7-14 Knots E at 6-12 Knots NE at 8-16 Knots ENE at 8-16 Knots ENE at 7-14 Knots ENE at 7-14 Knots NE at 7-14 Knots E at 6-12 Knots ENE at 6-12 Knots E at 4-8 Knots NE at 8-16 Knots ENE at 7-14 Knots NE at 6-12 Knots E at 6-12 Knots

WAVES 1-3 Feet 1-3 Feet 0-1 Feet 0-1 Feet 2-4 Feet 2-4 Feet 2-4 Feet 1-3 Feet 1-3 Feet 1-3 Feet 0-1 Feet 1-2 Feet 0-1 Feet 0-1 Feet 1-3 Feet 1-3 Feet 1-3 Feet 1-3 Feet 3-5 Feet 3-5 Feet 1-2 Feet 0-1 Feet 1-3 Feet 1-3 Feet 1-2 Feet 0-1 Feet

VISIBILITY 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles

WATER TEMPS. 77° F 77° F 77° F 77° F 77° F 78° F 79° F 79° F 76° F 76° F 76° F 77° F 78° F 78° F 79° F 79° F 79° F 79° F 78° F 78° F 76° F 77° F 79° F 79° F 77° F 77° F


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