07262019 BUSINESS

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FRIDAY, JULY 26, 2019

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June 2020 target for WTO is ‘aspirational’

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net

T

HE June 2020 target for The Bahamas to become a full WTO member is “purely aspirational” and not one that must be met at all costs, a Cabinet minister confirmed yesterday.

Elsworth Johnson, newlyappointed minister of financial services, trade and industry and Immigration, told Tribune Business he had been advised even the World Trade Organisation (WTO) itself felt the accession timeline set by The Bahamas was “extremely rigid”.

• Minister: Timeline not set in stone • Even WTO thought ‘extremely rigid’ • Talks will proceed at Bahamas’ ‘pace’

ELSWORTH JOHNSON

The former minister of state for legal affairs, who now has ministerial responsibility for the WTO negotiations, pledged that The Bahamas would not become a member of rules-based trading’s global overseer if the terms “are not in the best interests” of the country.

Echoing the stance outlined by his predecessor, Brent Symonette, Mr Johnson added that the WTO accession negotiations will

continue “at a pace that benefits the Bahamian populace” rather than being wedded to a concrete date by which they must be completed.

“What I would say is it’s a high priority item,” he told Tribune Business of the WTO talks. “I know there’s been some concern about the self-imposed - I wouldn’t call them fixed dates - for completion. It’s purely a target date.

SEE PAGE 6

Chemicals targeted for ban in 1,900 Bahamian buildings

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net A CHAMBER of Commerce executive yesterday hailed efforts that have identified 1,900 Bahamian buildings which contain toxic chemicals due to be banned under an international treaty.

Debby Deal, who heads the chamber’s energy and environment division, praised the co-ordinated action by several government agencies to track down chemicals that fall under the 12 Persistent Organic Pollutants (POP) that the Stockholm Convention’s 181 country signatories are due to ban.

The Bahamas is one of those signatories, and Ms Deal told Tribune Business that fulfilling its commitments under the convention represented a

• ‘Good opportunity’ to clean up, boost protections • Chamber eyes hazardous waste separation • Partnering with New Providence landfill manager

DEBBY DEAL “good opportunity” for this nation to strengthen protections for human health and the environment when it came to permitting, importing and managing toxic chemicals and other harmful substances.

She revealed that this

Non-profit reforms ‘big improvement’

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net

CIVIL Society Bahamas’ president yesterday said the latest reforms to non-profit regulation represent “a marked improvement” that will prevent the elimination of many groups.

Dr Anthony Hamilton, who heads the umbrella organisation that represents local non-profit and non-governmental organisations (NGOs), told Tribune Business that it and others were now working with the government to craft the

regulations that will now accompany the Non-Profit Organisations Bill 2019.

Speaking following Wednesday’s debate and passage of the changes to the Bill in the House of Assembly, Dr Hamilton said Civil Society Bahamas and other non-profits had met with Carl Bethel QC, the attorney general, for further discussions the same day.

“We are still doing some work on it, but appreciate what has been done,” he added of the legislative amendments. “The

SEE PAGE 3

OECD not harmful finding may only be ‘temporary reprieve’

By NATARIO MCKENZIE

Tribune Business Reporter

nmckenzie@tribunemedia.net THE Clearing Banks Association’s (CGA) chairman yesterday said the OECD’s finding that The Bahamas’ tax regime is “not harmful”, while “good news”, represents only a “temporary reprieve”.

Gowon Bowe, pictured, told Tribune Business: “That is a positive statement because the OECD is principally made up of the EU (European Union), and the EU had not so long ago deemed us to be harmful.

“In order for it to get through the OECD regime

it will not mean the EU will not continue, and there is nothing that would dispel the conspiracy theory that they are tag teaming and just attacking from different angles.”

He continued: “As it

SEE PAGE 7

had led into a wider discussion between the Chamber of Commerce and New Providence Ecology Park Ltd, the newly-appointed private manager for the New Providence landfill, over how the private sector could help develop mechanisms to keep hazardous waste out of the landfill’s incoming waste streams.

Ms Deal said the chamber is now in the infancy of exploring this idea, something that was confirmed last night by its chief executive, Jeffrey Beckles, who added that the private sector representative was keen to “deepen” these initial thoughts into an actionable plan.

Public and private sector stakeholders were told how the Stockholm Convention will impact the importation of POP-related chemicals into The Bahamas at a meeting last week, which was hosted by the Bahamas Environment, Science & Technology (BEST) Commission and the National Chemicals Coordinating Committee (NCCC).

As a member signatory, The Bahamas has to identify all products and services that contain or use the 12 POPs to be banned, and the importers and service providers behind them. A draft National Implementation

SEE PAGE 4

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No ‘wait and see’ on Abaco port upgrades

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net ABACO is not taking a “wait and see approach” over further upgrades to its commercial shipping port despite averting the threat of a US cargo shut-down, a local MP revealed yesterday.

James Albury, who is also the Abaco parliamentary secretary in the Prime Minister’s Office, told Tribune Business the near-loss of the Marsh Harbour port’s international freight clearance capabilities had “highlighted the need for some changes in how we operate down there”.

Confirming that a levy on the shipping companies that use the port was being mulled as one option for financing its consistent maintenance, Mr Albury suggested that a private management company and structure similar to the “NAD model” at Lynden Pindling International Airport (LPIA) was another alternative.

Conceding that he “may be getting a little ahead of myself” with the latter proposal, the South Abaco MP added that it was “a big relief” to the whole island that the port had remained open to international freight following last week’s inspection to determine if it was in compliance with international security standards.

The Marsh Harbour port had failed its midJune mock inspection, but the Port Department and Abaco’s business/shipping community appear to have succeeded in their last-minute efforts to keep it - and its vital global shipping economic lifeline - open in the aftermath of last week’s assessment.

Mr Albury said he had been informed that the US Coast Guard and International Ship and Port

JAMES ALBURY Security (ISPS) would likely release their full inspection report anywhere from 45 days to six months after their visit, but predicted there were unlikely to be “any major surprises” in it.

“We really aren’t 100 percent certain when they will make their report available,” he added. “That’s all in their corner to go through their findings, and the speed at which they produce their report is within their control.

“Once the official audit is complete, whatever inconsistencies remain at that time will be highlighted and a deadline to rectify them issued. If there is an issue with fencing and security, that will be highlighted and a deadline issued to address that deficiency or you will lose your international clearance.

“Quite frankly, I don’t think there will be any big surprises,” Mr Albury continued “But I can tell you that the Port Department and local business community certainly aren’t just waiting for that report.

“I don’t think people are going to wait around for the ISPS report. Between the Port Department, the business community, local stakeholders and myself, it’s been a good working relationship to address some of these issues and that will

SEE PAGE 5

PAGE 2, Friday, July 26, 2019

Building the right workplace culture N

O matter the industry or profession, in today’s fastpaced corporate environment we undoubtedly spend the majority of our waking week-day hours at work. A lot of us spend more time with our colleagues than with our own families, and during some weeks the office feels more like our home. The environment, feel and culture of the workplace thus becomes vitally important to the emotional and physical health of the employee.

It has been well-documented that creativity, productivity and happiness go up when stress levels decrease. Every employee, then, dreams of working in a nurturing and caring environment where the culture is supportive and progressive.

Here, then, are several tips for companies looking to improve the existing work culture within their organisations.

1. Be intentional in letting people know they are valued and appreciated.

Begin with gratitude, and each day seek to validate and affirm the gifts and talents you have on the team.

Having employees who are “emotionally and psychologically attached to their work and workplace” is crucial to creating positive employee relationships and a successful bottom line.

2. Create a safe environment for your employees.

There is nothing more damaging than toxicity in

THE TRIBUNE

IAN FERGUSON BY

The environment, feel and culture of the workplace thus becomes vitally important to the emotional and physical health of the employee.

a professional environment. It stifles new ideas and inhibits collaboration. Creating a safe work environment means eliminating negative personalities and respecting every idea, whether it is from an intern or a tenured

senior team member. Lead with honesty, integrity and vulnerability to help your employees feel safe.

3. View every problem in the workplace as an opportunity to grow and get better. Whatever you are experiencing is not an issue;

it is a chance to reflect, analyse and evaluate so that next time you will do better.

Laugh at your hiccups, do not take everything so seriously and find humor in every situation. Making your team smile by bringing perspective to the situation

can quickly lighten a very emotionally charged room.

4. Establish and communicate the “North Star” you expect your team members to look to each day. Remind them of the powerful corporate goals and vision that each of them are connected

to, and how vital they are in accomplishing it.

5. Check in often and be available to your staff.

Frequent, informal contacts with managers allow employees to understand how their daily work is linked to your company’s goals. Employees who talk about their goals and successes with their manager at least every six months are almost three times more likely than other workers to feel engaged and motivated in their job. Be available.

This means more than just being there when your employees have questions, problems or concerns.

When communicating with employees, make sure they feel heard by clarifying and rephrasing what they say to make certain that you really understand and hear them.

Empathise with them, and let them know that you appreciate their frustrations and will support them in overcoming work-related problems.

• NB: Ian R Ferguson is a talent management and organisational development consultant, having completed graduate studies with regional and international universities. He has served organsations, both locally and globally, providing relevant solutions to their business growth and development issues. He may be contacted at iferguson@bahamas.com.

BAIC FARMER’S MARKET IN EAST NASSAU RETURN

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THE Bahamas Agricultural and Industrial Corporation (BAIC) yesterday said its Farmer’s Market will return to RM Bailey Park this Saturday with a variety of Bahamian grown fruits and vegetables on sale at reasonable prices.

BAIC will again team up with the Potters Cay Dock Produce Exchange for the weekend’s event. The Farmers Market will return to its regular site at Gladstone Road on Saturday, August 10.

MANY Bahamians out bright and early purchaing produce and goods at BAIC farmer’s market.

THE TRIBUNE

Friday, July 26, 2019, PAGE 3

Bahamas urged: ‘Keep pace’ on financial reporting quality

By NATARIO MCKENZIE

Tribune Business Reporter

nmckenzie@tribunemedia.net THE Bahamas was yesterday urged to “keep pace” with global financial reporting standards, a senior accountant arguing: “We have not been accustomed to reporting on our financial affairs”.

Gowon Bowe, the Clearing Banks Association’s (CBA) chairman, told Tribune Business: “In The Bahamas the real issue we face is that we have not been accustomed to reporting on our financial affairs because we have not had an income or a corporate tax which would have necessitated financial reporting.

“When you start introducing financial reporting, for us that is every foreign

GOWON BOWE

language under the sun.

We don’t necessarily keep books and records. With the introduction of VAT and the audit requirements around it, and with the advent of the 21st century tax information exchange agreement, as a country we have to keep pace in the sense of what is financial reporting.

“It doesn’t mean sharing information internationally, but it means we have to have a mechanism to track the activities taking place in our economy and country.

In the past we didn’t have a mechanism to say are these non-profits or deemed non-profits.”

Mr Bowe was commenting on the Non-Profit Organisations Amendment Bill, passed in the House of Assembly on Wednesday.

The Bill,

Non-profit reforms ‘big improvement’ FROM PAGE ONE regulations now have to come forward, and we’re seeking to assist in that regard.

“It’s a marked improvement from what was advanced initially. The restrictions in terms of red tape and the rest of it, and with some of the challenges experienced previously, there’s room now so that more of that is reduced.”

In particular, Dr Hamilton said the reforms to the Non-Profit Organisations Bill would make the three-year wait endured by some groups to become registered with the Registrar General’s Department “a thing of the past”.

“We’re not totally there,” he added, “but we’re making progress. Had the initial Bill gone forward we would have seen a lot of non-profits and nongovernmental organisations eliminated. I think there would have been a negative effect, and restrictions with regard to the sector’s growth potential.”

Dr Hamilton said many Bahamians did not appreciate the extent of non-profit groups’ contribution to this nation’s social and economic welfare, supplementing the work of the Department of Social Services and other government agencies. Without their contribution, he argued that The Bahamas’ social ills would be “double or even more” what they are now.

“Civil Society Bahamas is is engaged in a mapping exercise that will further strengthen the advances made in the Bill,” Dr Hamilton added. “It will put civil society in a position to better understand the environment. The Attorney General has committed to providing relevant information to assist with the assessment.

“There are some things being done to strengthen

the non-profit community that this Bill is going to help. We will have better guideline and know what to expect. The Attorney General has consented to have the door open for quarterly sessions so we can make recommendations on actual practice and things we are doing now.”

Under the reforms debated in the House of Assembly, non-profits that fail to renew their registration face having their financial accounts frozen and being investigated by the authorities.

They also makes provision for churches to keep proper financial records and produce them upon request, whereas the previously-shelved version of the legislation made declaring this information automatic.

The bill also makes it mandatory that non-profits must

report and disclose the receipt of donations and disbursements of $50,000 or more.

K Peter Turnquest, deputy prime minister, described this as “lighter touch” regulation, adding it was never the Government’s intention to become involved in the affairs of non-profit organisations.

He explained there was an urgent need to pass this Bill and four others to ensure the Bahamas complied with the demands of the Financial Action Task Force (FATF) and Organisation for Economic Co-operation and Development (OECD).

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which makes provision for churches to keep proper financial records, also makes it mandatory for non-profit organisations to report and disclose the receipt of individual donations and disbursements worth $50,000 or more.

“The non-profit legislation, and requirements for reporting and disclosure, in reality were matters that were raised and brought to parliament for passing earlier on,” Mr Bowe said.

“At the time there were concerns raised by various non-profits that looked at it and said we are relatively small, and the reporting requirements become onerous, and there were a number of resisting comments.

Ultimately now, when you look at non-profit organisations globally, this is not

a new phenomenon.

He added: “A lot of non-profits were used as a bastion for sort of putting money through for the purpose of funding, whether it be political campaigns, influence and doing things in the background.

“What you find is that most countries have a reporting requirement

for several reasons. One reason is to ensure that they exist for the purposes they say because you usually have some tax benefits and other elements that impact their designation, and the monies are being used for the purpose they are designated for. It is an anti-corruption element as well.”

PAGE 4, Friday, July 26, 2019

THE TRIBUNE

Chemicals targeted for ban in 1,900 Bahamian buildings FROM PAGE ONE Plan, detailing how this nation will ban and/or phase out use of these chemicals, and how existing stocks will be managed, has already been drafted.

Praising the work done to-date by BEST and the NCCC, Ms Deal told Tribune Business: “Most of the leg work has been done in locating where they have some of these [chemicals] in stockpile or storage.

Nineteen hundred buildings have some of these chemicals that are going to be banned in them “There is a building at the landfill that Environmental Health has that has some chemicals in it. They’ve done their legwork; everything has been done for this. I think the next stage is to go to the public and make them aware of what they’re trying to do. This is really a good step forward for us.”

Ms Deal said the 12 POP chemicals targeted for banning are commonly used in pesticides and other pest control products, along with farming fertilizers.

And other Tribune Business’ sources suggest that Bahamas Power & Light (BPL), through its fuel

NASSAU LANDFILL ON FIRE

and transmission line processes, may also create POP by-products.

“This is a good opportunity for us to ban these and use more modern products in the quest to control pests in homes and farms,” Ms Deal told Tribune Business.

“It’s really good. We don’t really realise where a lot of these chemicals are used.

It’s a matter of how we find an alternative.”

She added, though, that the absence of a regulatory regime governing the management and handling of toxic chemicals was a long-standing Bahamian

weakness that went back decades. The Environmental Health Act 1987 contains provisions for regulations that govern the manufacture and disposal of pollutants and hazardous chemicals, but this remains in draft form.

“When you go back to 1987, lacking is a nice word,” she added. “We really have no regulations or regulatory mechanisms to restrict or prohibit any chemicals coming into this country. We have no way of testing for harmful and toxic waste and toxic chemicals. There’s no management of any chemicals

coming into the country; nothing that stops anyone bringing these chemicals in.

“If the law goes into play they will be banned from coming into the country, and will be like the plastic/ styrofoam ban; stopped at the border. The chemicals that are here, we will have to get them secured and find a place they can actually be shipped to and treated, so they are no longer hazardous. We don’t have the facilities here; not even a laboratory to test them.

“I’ve been a contractor for 37 years, and so many times I have got into

a situation where, maybe not a chemical, but where you have something in the insulation, A/C system, and what do you do with these...

CFLs. We have no means of collecting them,” Ms Deal continued.

“This has been a concern of mine and the Chamber and my committee; this process of how we get toxic and hazardous materials out of mainstream waste.”

Ms Deal disclosed that this had led to Monday’s conversation with Tim Hodge, the New Providence landfill’s manager, and her subsequent determination to “come up with a better solution” to this issue.

She added that one possible mechanism was a “cradle to grave” solution, where companies responsible for bringing in hazardous materials and chemicals, such as car batteries, tyres and bleach, also took responsibility for their disposal rather than sending them to the landfill.

This could be tracked using Business Licences or Customs’ border enforcement mechanisms, and Ms Deal added: “Sometimes it’s easier for the private sector to come up with

things to do. Jeff and I are going to work on it over the next couple of weeks to come up with a proper plan of execution.”

Mr Beckles, when contacted by Tribune Business, confirmed that the Chamber and landfill manager had “started a conversation” on the topic, but warned that education of both businesses and wider society would be key if a sustainable solution is to be developed.

“There isn’t a plan afoot that’s been fleshed out yet,” he said. “I’m excited there was initial acceptance that this was something we can work on as a joint partnership, and as we enhance our environmental policies and conservation expertise all these things come into play as a country.

“We’re looking to continue the conversation, deepening the discussion and coming up with a viable plan that’s something we can sink our teeth into.”

The 12 POPs targeted for banning by the Stockholm Convention are the pesticides aldrin, chlordane, DDT, dieldrin, endrin, heptachlor, hexachlorobenzene, mirex and toxaphene.

The industrial chemicals on the list are hexachlorobenzene, polychlorinated biphenyls (PCBs), and by-products including hexachlorobenzene; polychlorinated dibenzo-pdioxins and polychlorinated dibenzofurans (PCDD/ PCDF), and PCBs. The BEST Commission said there are around 100,000 chemicals being produced commercially around the world, with some 1,500 being added each year. It added: “The management of these chemicals is a challenge for most developed countries, and for countries like The Bahamas the challenge is even greater.”

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ALL SHARE INDEX: CLOSE: 2,203.13 | CHG: 0.04 | %CHG: 0.00 | YTD: 93.68 | YTD%: 4.44 BISX LISTED & TRADED SECURITIES 52WK HI 4.50 20.91 7.00 5.60 2.60 2.00 3.00 11.75 6.17 4.64 12.50 2.74 2.40 10.00 7.01 15.60 8.25 3.75 14.00

52WK LOW 3.50 19.17 4.90 4.02 1.00 0.19 2.00 9.17 6.13 3.54 8.59 2.35 1.75 7.51 6.10 11.25 6.20 3.01 13.00

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

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

1000.00 1000.00 1000.00 1000.00

1000.00 1000.00 1000.00 1000.00

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

CAB6 CAB8 CAB9 CAB10 CHLA FBBA FCLB

PREFERENCE SHARES

1.00 10.00 1.00

1.00 10.00 1.00

CORPORATE DEBT - (percentage pricing) 52WK HI 100.00

52WK LOW 100.00

115.92 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

104.79 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

SECURITY Fidelity Bank Note 22 (Series B) +

SYMBOL FBB22

Bahamas Note 6.95 (2029) BGS: 2015-1-3Y BGS: 2014-12-5Y BGS: 2015-1-5Y BGS: 2014-12-7Y BGS: 2015-1-7Y BGS: 2014-12-30Y BGS: 2015-1-30Y BGS: 2015-6-3Y BGS: 2015-6-5Y BGS: 2015-6-7Y BGS: 2015-6-30Y BGS: 2015-10-3Y BGS: 2015-10-5Y BGS: 2015-10-7Y

BAH29 BG0203 BG0105 BG0205 BG0107 BG0207 BG0130 BG0230 BG0303 BG0305 BG0307 BG0330 BG0403 BG0405 BG0407

BAHAMAS GOVERNMENT STOCK - (percentage pricing)

LAST CLOSE 4.19 17.43 6.00 5.39 2.49 1.95 2.18 11.75 6.16 4.44 9.02 2.80 2.36 10.03 7.00 15.45 7.98 3.37 14.00

CLOSE 4.19 17.43 6.00 5.39 2.49 1.95 2.18 11.75 6.16 4.44 9.02 2.82 2.36 10.05 7.00 15.45 8.25 3.37 14.00

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1000.00 1000.00 1000.00 1000.00 1.00 10.00 1.00

1000.00 1000.00 1000.00 1000.00 1.00 10.00 1.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00

LAST SALE 100.00

CLOSE 100.00

CHANGE 0.00

107.31 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

107.31 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

VOLUME

5,167

VOLUME

EPS$ 0.240 0.932 1.760 0.323 0.098 0.000 -0.438 0.708 0.480 0.184 0.627 0.102 0.467 0.000 0.611 0.743 0.939 0.203 0.631

DIV$ 0.160 1.260 0.000 0.250 0.000 0.020 0.000 0.720 0.220 0.120 0.000 0.068 0.060 0.328 0.240 0.540 0.200 0.120 0.600

P/E 17.5 18.7 N/M 16.7 N/M N/M -5.0 16.6 12.8 24.1 14.4 27.6 5.1 N/M 11.5 20.8 8.8 16.6 22.2

YIELD 3.82% 7.23% 0.00% 4.64% 0.00% 1.03% 0.00% 6.13% 3.57% 2.70% 0.00% 2.41% 2.54% 3.26% 3.43% 3.50% 2.42% 3.56% 4.29%

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.0 0.0 0.0 0.0 0.0 0.0 0.0

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

INTEREST Prime + 1.75%

MATURITY 19-Oct-2022

6.95% 4.00% 4.25% 4.25% 4.50% 4.50% 6.25% 6.25% 4.00% 4.25% 4.50% 6.25% 3.50% 3.88% 4.25%

20-Nov-2029 30-Jul-2018 16-Dec-2019 30-Jul-2020 15-Dec-2021 30-Jul-2022 15-Dec-2044 30-Jul-2045 26-Jun-2018 26-Jun-2020 26-Jun-2022 26-Jun-2045 15-Oct-2018 15-Oct-2020 15-Oct-2022

MUTUAL FUNDS 52WK HI 2.24 4.29 2.06 188.32 158.55 1.62 1.76 1.70 1.15 7.72 8.97 6.77 11.25 12.14 10.63 10.00 8.69 11.79

52WK LOW 1.67 3.04 1.68 164.74 116.70 1.56 1.68 1.64 1.08 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 FG Financial Preferred Income Fund FG Financial Growth Fund FG Financial Diversified Fund FG Financial Global USD 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 2.24 4.29 2.06 188.32 154.49 1.62 1.76 1.70 1.15 7.72 8.97 6.77 11.25 12.14 10.57 9.92 8.68 11.38

YTD%12 1.55% 1.18% 1.11% 2.06% 4.52% 1.57% 0.99% 1.32% 3.22% 3.25% 3.82% 2.59% 8.44% 3.87% 1.84% -0.71% 7.40% 10.20%

MTH% 3.97% 4.17% 2.71% 4.97% 0.96% 4.58% 4.25% 4.12% 5.64% 6.65% 8.36% 4.81% 0.78% 4.17% 2.29% 0.16% 2.70% 1.30%

MARKET TERMS BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00 52wk-Hi - Highest closing price in last 52 weeks 52wk-Low - Lowest closing price in last 52 weeks Previous Close - Previous day's weighted price for daily volume Today's Close - Current day's weighted price for daily volume Change - Change in closing price from day to day Daily Vol. - Number of total shares traded today DIV $ - Dividends per share paid in the last 12 months P/E - Closing price divided by the last 12 month earnings

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THE TRIBUNE

Friday, July 26, 2019, PAGE 5

No ‘wait and see’ on Abaco port upgrades FROM PAGE ONE continue. I don’t think it will be a wait and see approach.”

Tribune Business revealed last week how US Coast Guard officials had warned that cargo trade between Abaco and Florida could be shut down after the Government-owned and managed port failed its ISPS “mock” inspection on June 18, 2019.

Captain Troy Mills, the Abaco port administrator, in a “call to action” wrote that Marsh Harbour will be “closed down unless there are some major improvements” made in time for last Wednesday’s follow-up inspection by US and ISPS code overseers.

His letter said: “On June 18, 2019, the ISPS coordinators for the Caribbean along with Lieutenant Commander Justin Matejka of the US coast guard performed a mock inspection of the port facility that resulted in the discovery of a breach in compliance” of both the ISPS code and International Maritime Organisation (IMO) policies.

“As a result of the findings of June 18, 2019, ISPS and US coast guard officers have warned that unless there are some major improvements before the next inspection that is to take place on July 17, 2019, the port of Marsh Harbour will be closed down and ships transporting cargo between Florida and Marsh Harbour would have to discontinue their services,” Captain Mills wrote.

The ISPS is a worldwide protocol that was implemented in the wake of the September 11 terror attacks.

Designed to prevent a repeat of such atrocities, it mandated that every country upgrade security infrastructure and procedures around its major shipping ports and the vessels that use them.

Non-compliance with the code raises an immediate “red flag” that threatens loss of both commercial shipping traffic as well as other forms of business, such as cruise ships, for ports that fall into

this category.

The worst-case scenario outlined by Captain Mills was seemingly averted in the aftermath of last week’s inspection, as the Marsh Harbour port has continued to receive international freight shipments that represent the lifeblood of Abaco’s economy.

“I think, of course, it’s a big relief,” Mr Albury said of the continued international clearance status.

“When these things happen it’s an historical reminder of how important it is to maintain our assets, especially when it comes to life links to the international community. It’s a relief but no one is happy when we come to these things either.”

He reaffirmed that the shipping industry, together with the Port Department and other stakeholders, were in “the very early stages” of developing a permanent financing mechanism that would fund all essential maintenance and infrastructure improvements at the Marsh Harbour port.

The south Abaco MP said this would likely involve “a very small percentage” fee, such as a facility or international facility charge, being levied on the shipping companies that used the port.

“It’s such a small percentage that it will not impact the end user,” he added, pointing out that similar fees were levied at the Nassau Container Port and internationally.

“That’s what’s being prepared,” Mr Albury said. “If it turns out that’s not the way to proceed or not the best idea there may be room for a private management contract to reduce the Government’s costs and have a private manager like at LPIA. “That may be getting a little ahead of myself, and it would have to be something that the Government, Port Department and Customs will have to be comfortable with.... [There] has to be some ways and means so that we are not repeatedly

LEGAL NOTICE

NOTICE SEA DRAGON CAPITAL LTD (In Dissolution) Pursuant to the provisions of SECTION 138 (8) of the International Business Companies Act notice is hereby given that SEA DRAGON CAPTITAL LTD. has been dissolved and struck off the Register as of the 3rd day of July A.D., 2019

finding ourselves in the same situation.

“Whichever way it ends up being there has to be some reliable funding mechanism in place. The current mechanism has some weaknesses that led to this situation, so we have to fill that gap with a facility fee, private management contract or changing the procedures in how we get funding,” he added.

“Whatever the mechanism is, we’re at that bridge now. This has highlighted the need for some changes in how we operate down there.”

Mr Albury said he hoped to convene another meeting with port stakeholders as early as next week, and added: “I’m confident we’ll get to where we need to be.

It’s just a matter of focusing efforts. I have no doubt; it’s just there’s some work to get there.”

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL The Public is hereby advised that I, FELECIA PAMELA DAWN SAUNDERS, of #3 Arden Forest Road, Arden Forest Subdivision, Freeport, Grand Bahama, Bahamas, mother of MALACHI ALEXANDER RAMON HANNA, a minor, intends to change his name to MALACHI ALEXANDER RAMON SAUNDERS. If there are any objections to this change of name by Deed Poll, you may write such objections to the Chief Passport Officer, P.O.Box N-742, Nassau, Bahamas, no later than thirty (30) days after the date of publication of this notice.

NOTICE NOTICE is hereby given that RONALD JOSEPH of Fox Hill Nassau, Bahamas. is applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/ naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 26th day of July, 2019 to the Minister responsible for Nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

PAGE 6, Friday, July 26, 2019

June 2020 target for WTO is ‘aspirational’ FROM PAGE ONE “I had a conversation with the chief negotiator [Zhivargo Laing] and we agreed those dates are purely aspirational. I’m advised that the WTO thought the dates extremely rigid... We’re going to do what’s in the best interests of The Bahamas and continue the process at a pace that benefits the Bahamian populace.”

Mr Symonette, in revealing to Tribune Business in late 2017 that the Minnis administration had decided to complete The Bahamas’ accession to full WTO membership, said it was aiming to finish negotiations by December 2019. That would have allowed this nation’s joining to be ratified at the next full WTO meeting in June 2020.

The former Cabinet minister admitted then that this timeline was “ambitious”, and the sheer scope of the negotiations - as well as the extent of the legislative, regulatory and other reforms that The Bahamas needs to enact to make itself WTO compliant - have made a June 2020 deadline increasingly unlikely.

Mr Laing himself used his Guardian Radio program to recently suggest that The Bahamas was unlikely to meet the June 2020 deadline. He added that the process might take several more years to complete, and hinted the government was sensitive to the political implications given the level of opposition to joining the WTO from some elements in Bahamian society.

However, Mr Johnson yesterday said The Bahamas was now in its 18th year of seeking to move from “observer” status to full WTO membership, with the process having started under Mr Laing and the former Ingraham administration in 2001.

“For a country it’s a process, and we’re still navigating the process,” he said. “We appreciate the research by the Chamber of Commerce, the Oxford Economics report, which says it’s [WTO membership] not a panacea, a solution, for all the issues faced today.”

When pointed to the antiWTO sentiments voiced from several quarters, Mr Johnson replied: “I don’t know that the opposition represents a large segment of the society. We have the Chamber of Commerce and a lot of professional groups giving their views on it, and some support it.

“I think we just have to manage this process through and, at the end of the day, make the right decision.”

He promised that the Bahamas would not become a full WTO member if the Government thought the terms and likely impact unfavourable to the Bahamian economy, businesses and wider society.

“We have to decide if the best terms possible are in the best interests of The Bahamas,” Mr Johnson said. “If the best terms possible are not in the best interest of The Bahamas, the wise thing is not to join. We will not do anything that does not benefit the best interest of The Bahamas.

“The Prime Minister has mandated with this and all other matters that there ought to be consultation with civil society and the private sector so that what we get is a true representation of what the Bahamian populace wants. The Government is empowered to make a decision, but we want to know what the public - especially the ordinary, average, every day Bahamian - is thinking.”

The recent Chamber of Commerce-commissioned study by Oxford Economics argued that The Bahamas needed to undertake internal reforms for its own good, regardless of whether it becomes a full WTO member or not, and that such changes were critical to maximising the benefits from joining.

Besides improving the “ease of doing business”, and eliminating bureaucracy and red tape, such reforms include lowering the cost of electricity and improving its reliability; cheaper and easier access to credit; equipping Bahamian workers with the necessary 21st century skills to compete; and digitising government services for smoother interaction with the public.

Private sector executives and advocates for joining the WTO have already voiced fears that The Bahamas will lose “a desperately-needed reform catalyst” if the government decides the 2020 WTO target is unattainable, warning that “momentum” to implement the changes cited by Oxford Economics - regardless of whether The Bahamas joins the WTO or not - could now slow or be lost completely.

The Bahamas, though, still has to implement numerous legislative reforms such as overhauling its intellectual property rights regime; enacting competition legislation and creating a watchdog to oversee this; and a National Investment Act to translate existing policy into statute.

Besides its domestic agenda, The Bahamas also has to negotiate which import tariff rates it will lower - and by how much - and which industries will be opened to foreign competition with the WTO working party overseeing talks on its accession.

The Working Party consists of member states who have an interest in trading with The Bahamas. These include the likes of the US, Canada, the European Union (EU), China, the UK, members of CARICOM and, possibly, Latin American nations such as Brazil.

To advertise in The Tribune, contact 502-2394

NOTICE

NOTICE is hereby given that MONICA JAZLE AUGUSTE of Solider Road Vaird Street, Frazier Allotment Nassau, Bahamas. is applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 26th day of July, 2019 to the Minister responsible for Nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

THE TRIBUNE

PUBLIC NOTICE REAL ESTATE BOARD LICENSED BROKERS/SALESMEN/APPRAISERS/DEVELOPERS The Public is notified for general information that the following persons have renewed their licenses as of January 1st, 2019. These licenses are valid until December 31, 2019. The public is advised that the list of names below include registered, licensed members of The Bahamas Real Estate Association. The public is further advised that only licensed real salesmen and brokers are legally permitted to conduct the business of real estate in The Bahamas.

First

Helen Neil Michaud Beryl Christopher Antoine Ethan W. Hazel C. Greg Mark William (Bill) Samara Keith Christopher Roy-Anne Michelle Sarah Margo Carl Edith Deborah Felicia L. Clara Alexander C. Emmanuel Dale Pauline Mackenson Sonya Christopher Silvina Kenneth Christopher Paul D. Raymond Sara Ogden Linda Kim V. Basil Bianca Cherise Shelly Olivia E. Christopher M. Anthony F. Floyd Q. Eartha Robert Renel Paula Peter Brian Marilyn Angelika Dominic A. Marcus Ann Mario Scott Roy E. Nakira Mikhail D. Tracey Bianca Kevin L. Sebastian Nicholas C. Luicito Kristi Lorraine Rowan Charles J. Leroy Ebony Pauline O. Andrew James C. Gilbert Jane-Michele Anne John F. Bryant Godfrey Francis Claudine L. Erin Wilshire Patricia Jeffrey B. Wendie F. Suzanne J. Cardell Nikki Andre Tamika Diane Brian Katherine A. Bursell R. Joan Tonielle Trevor Keva J Monica O. Lauren Rosalyn Ashley Livingston Geoffrey Geoffrey G. Robin B. Brittany Andrea G. Garth H. Jolika F. Hugh Shavonne Giselle Elvis Shelley Monalisa Jeffrey Curlisa Faye George W. Andrew B. Claudius A. El’Dora Clement Jerry Sara Jason Carlyle Shamon Michelle Garneth Wesley Albert Lindsey Arlington Carla Ingrid Olive Mario A. Frank C. Paul H. Andrew Heather Levant Sasha Denise Donald K. Charles A. Charles E. Bradley Trevor L. Wayne Arnold Bryce Ridley Rudolph A. Shirley Lisa M. Lars Mark Brent C. Clinton Steven Norman Cheryl D. Monique Steven L. John I. Shane Donald Terrol Chavaz Gilbert Robin Christopher Anna Kenneth Simon Salome Francis Lazar Sarah Bobby Sonia

Last

Aaron-Dupuch Aberle Abraham Adams Adderley Adderley Adderley Adderley-Fox Ageeb Ageeb Albury Albury Albury Albury Albury Albury Albury Albury Albury Albury Albury Albury Alcime Alexiou Alexiou Allen Allen-Dean Altidor Alvino Anand Andrews Andrews Ansell Antonas Antonio Appleton Aranha Aranha Aranha Aranha Aranha Archer Archer Armaly Armaly Armbrister Armbrister Arnold Collie Arthur Atilus Auberg Auberg Austin Ayearst- Hartley Bacchus Bain Bain Bain Bannister Barnes Barnett Barnett Barone Barone Bastian Bastian Bates Bazard Beadle Beauregard Beede Bell Beneby Beneby Berlanda Bernard Besing Bethel Bethel Bethell Bethell Bethell Bethell Bethell Bethell-Jones Bethel Birch Birch Bishop Black Bodie Boeuf Bowe Bowe Bowe-Pindling Bowers Bowers Bradshaw Braithwaite Brancaccio Bridgewater Bridgewater Brown Brown Brown Brown Brown Brown III Brown Jr. Brownrigg Brownrigg Brownrigg Buckner Buckner Buckner Bullard Bullard Bullard Bullard Burger Burrows Burrows Burrows Burrows Burrows Butler Butler Butler Callender Callender Campbell Campbell Campbell Campbell Campbell Campbell Cancino Capron Card-Stubbs Carey Carey Carey Carey Carey Carey Carey Carey Carey Carey Carey III Carey, Jr. Cargill Cargill Cargill, Jr. Carroll Carroll Carroll Carroll Carroll Carroll Carter Cartwright Cartwright Cartwright Cartwright Cartwright Cartwright BRI., Cash Cash Cash Cash Cassar Cassar Cates Cates Cathopoulis Chaplin Chappell Charles Charlton Chemaly Chen Chipman

Type

Broker Broker Salesperson Salesperson Salesperson Broker/Appraiser Salesperson Salesperson Broker Salesperson Salesperson Broker Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker Developer Salesperson Developer Salesperson Broker Developer Broker Salesperson Salesperson Broker/Appraiser Salesman/Appraiser Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker/Appraiser Broker Broker Broker Salesperson Salesperson Broker Salesperson Broker Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker Salesperson Salesperson Broker Salesperson Salesperson Developer Salesperson Broker Salesperson Broker Broker Broker Salesperson Salesperson Salesperson Broker/Appraiser Developer Broker Salesperson Broker Salesperson Broker/Appraiser Salesperson Salesperson Salesperson Broker/Appraiser Broker/Appraiser Salesperson Broker Broker Salesperson Broker Salesperson Salesperson Salesperson Salesperson Salesperson Broker Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker Salesperson Salesperson Broker Broker/Appraiser Salesperson Broker Broker Broker Broker Salesperson Salesperson Broker Salesperson Developer Salesperson Salesperson Salesperson Salesperson Broker Salesperson Salesperson Salesperson Broker Salesperson Broker/Appraiser Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker Salesperson Salesperson Broker/Appraiser Broker/Appraiser Broker Salesperson Salesperson Salesperson Salesperson Broker Broker Salesperson Salesperson Broker Salesperson Broker Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker Salesperson Salesperson Salesperson Salesperson Broker Broker Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker Salesperson Salesperson Salesperson Salesperson Salesperson Broker

Postal Address

EE-17823 AB-20106 N-1062 N-4575 N8245 CR 56766 Suite #720 SP-60673 N-8164 SS-6193 SS-5931 AB-20404 CB-11911 SP-60213 General Delivery FH-14293 N 8164 EL 27488 AB-20123 SS-6938 N/A CB-10119 N-1062 CB-56766 EL 27045 N/A CB-13316 N-540 SP-64185 AP 59223-317 SP-63158 N-113 EE-16469 N-122 N-1132 CR 56766 Suite 720 N 3709 N-4634 CB-11853 SS 6193 SS-6041 N-732 SS-5762 CR56766 Suite720 SS-19085 General Delivery SB-50125 F-41764 General Delivery FH-14673 N-8877 N-8877 N-1132 SS-5244 Generla Delivery CB- 11605 N/A N/A GT-2032 N-8189 N-1062 CR 56766 Suite720 EE-15240.

EE-15240 CB-13443 SS-19086 N 7776 N 555 AB-20757 EL-27600 DC-30687 F-40962 N-1130 N-7655 N-1130 N-4825 N 4825 N-7320 EL-25025 N-7061 N-1940 EL 29955 N-4491 SP-60213 N-1130 N-8524 SS-19085 P.O.Box FC 23311 AB 20771 N-8233 SB 20841 SS-6193 Ex-29005 N-13304 N-7815 N-7776 N-7776 N-1404 EL-25148 SS-19526 N-8244 N-1062 N-1110 N-1110 CB-13647 N-732 CR56766 Suite720 N-1110 N-1110 N-1132 N-1132 SS-6299 CB13500 CB-13500 CB-13500 N-10119 N-7007 CR-56600 N-1062 N/A EE-15819 SP-64205 CB 13155 CR56766, Suite 720 EE -15819 N-7655 GT-2615 EL-27235 SP-63158 SP-63158 CB-12675 N-8164 CB-13316 General Delivery EE-15819 N-1649 N 1132 N--3611 CB-13304 CB-11556 CR56766 Suite720 N-4764 CB-11556 N-4764 CB-11141 CB-11741 SP-63158 E E 16275 EL-27139 SS-6650 CB-13484 CB-13484 CB 11606 N-732 N-732 SS 6193 AB-20378 SS 5052 N-4949 CR-56766 AB-20900 CR56766 Suite720 N-7453 SS-6600 CR 55257 AB-22212 C/O N732 N-10149 N-8245 SB 52567 SS-19246 SS-5482 General Delivery N-4277 N-531 CR-13647 N- 1062 SS-6193 SP 63016 P.O. Box N-4949 GT-2078

Town/District

Nassau Marsh Harbour Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Marsh Harbour Hope Town Nassau Man-O-War Cay Nassau Nassau Spanish Wells Marsh Harbour Nassau Nassau Nassau Nassau Nassau Nassau Marsh Harbour Nassau Nassau West Bay Street Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Cable Beach Nassau Fernandez Bay Nassau Freeport Governor’s Harbour Nassau Nassau Nassau Nassau Nassau Governor’s Harbour Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Gregory Town East Bay Street Nassau Nassau Marsh Harbour Spanish Wells Salt Pond Freeport Nassau Nassau Nassau Nassau Nassau Nassau Governor’s Harbour Nassau East Bay Street Palmetto Point Nassau Nassau Nassau Nassau Nassau Fresh Creek Marsh Harbour Nassau Prince Charles Dr Nassau Georgetown Nassau Nassau Nassau Nassau Nassau Governor’s Harbour Nassau Nassau Nassau Nassau #248 Shirley St. Nassau Nassau Nassau Nassau Nassau Nassau Guana Cay Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau #1 Baha Mar Blvd.

Baillou Hill Road Nassau Tarpum Bay Nassau Nassau Nassau Nassau Harbour Island Nassau Nassau Nassau Nassau Nassau Nicholl’s Town Nassau Nassau Nassau Nassau Nassau #11 Bradley St. Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Freeport Harbour Island Nassau Nassau Nassau Marlborough Str. Nassau Nassau Nassau Treasure Cay Nassau Governor’s Harbour Nassau Marsh Harbour Nassau Cable Beach Nassau Nassau Nassau Treasure Cay Hope Town Nassau Nassau Nassau Nassau Nassau Rock Sound Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau

Island

New Providence Abaco New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Abaco Abaco New Providence Abaco New Providence New Providence Eleuthera Abaco New Providence New Providence New Providence New Providence New Providence New Providence Abaco New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Cat Island New Providence Grand Bahama Eleuthera New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence New Providence New Providence Abaco Eleuthera Long Island Grand Bahama New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence New Providence Andros Abaco New Providence New Providence New Providence Exuma New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Abaco New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence New Providence Andros New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Grand Bahama Eleuthera New Providence New Providence New Providence New Providence New Providence New Providence New Providence Abaco New Providence Eleuthera New Providence Abaco New Providence New Providence New Providence New Providence New Providence Abaco Abaco New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence

THE TRIBUNE

Friday, July 26, 2019, PAGE 7 PUBLIC NOTICE - REAL ESTATE BOARD LICENSED BROKERS/SALESMEN/APPRAISERS/DEVELOPERS

First Charles A. Cara Diane John W.C. Gavin Steffan P. Cheslie Donald Tara Christopher Raymond Aubynette Craig Samuel Douglas Leslie Ann Cassie Samira Gregory Margot John Charlotte Astrid Penny Darieo Clarence Kevin J. C. Kenneth Audrey Kent Christina Joseph R. Darvin Terez Lamont Dwayne Roscoe Nicholas George Nicholas Dennis Christopher E. Suzette Donna M. Paul C. Valarie Julie Angela Austin Bernard Ambrose B. Aaron Donna Katera Lamond John Linda Rudolph Jonathan Alexandra Lanelle Marcella Nicholas Terry V. Richard C. Demaro Judy E. Darnette Kayleigh John B. Jacob S. Sarah Guerda Samia Kenneth Steve Tamara D. Robert Tarma Kenred Marcia William Othniel Adam Peter M. Karen Valderine Patricia E. Kingsley E. Allan Garnett L. Cathryn Ritchie Roshanne Nicole Adell Jennifer E. Christopher Melissa Tyrell Perry Alaric B. Rothia Glenn Cecil C. Tenecia Byron Abigail F. Jonathan A. Naaman Ruth Tiffany Bradley Michael Raleigh Joerg Peter Godfrey Raylene Tina Alexandrea Hezekiah Charlene Monique Darren Steve Donna Margaret Daniel Lewis Cristobal Gregory P. Nakeisha Brooke DeNero N. Dolly Sharmaine Arvind Carolee Stuart Sandy Chris Raquel Lakeisha Bishop Walter S. Aubrey P. Brian K. Cheryl M. Randy Noah Garren A. Charles C Jemma Gennyne Gaydene Gustaf Christopher Jerlean Lauren Brianna Dudley Dudley Lydia Margo P. Philip Taryn Ann Marie Diane Wilfred Leo Priscilla B. Adama Judith Maxine Mark Marcus Nakia Sally D. Templeton Demetri Vanessa Carl Christian Dena L. Desiray Kirk Stephen Jack Deron Steven Harold LoAnn Wendy A. Keisha Josefina Trevor W. Stephen Shayne Ingrid Lonnie Jennie Harrice Troy Chevez Kiara Aston K. Antone Advara Alexander Jacquelyn L. D Patricia Dale Andrew Phillip Jennifer Anne Kim Laura

Last Christie Christie Christie Christie Christie Christie Churchill Claridge Claridge Claridge Clarke Clarke Cleare Colclough Colebrooke Coleby Collie Constantakis Constantakis Constantakis Cooper Costain Cox Cox Cross Culmer Culmer Culmer Cunningham Curry Curry Curry D. Nixon Daley Dames Damianos Damianos Darling Darville Darville Darville Darville Darville Darville Darville Davis Davis Davis Davis Davis Davis Deal Dean Dean Dean Dean DeGregory Delaney Demeritte Demeritte Demeritte Deveaux Deveaux Dickson Dillett Disston Disston Dolce-Culmer Donaldson Donathan Donovan Dorsett Dorsett Dorsett Dorsett Duncan Duncombe Duncombe Duncombe Dupuch Duvalier Edgecombe Edgecombe Edgecombe, Jr. Edigio Ellis Evans Eyma Eyma Fair Farquaharson Farrington Farrington Farrington Ferguson Ferguson Ferguson Ferguson Ferguson Ferguson Ferguson Ferguson Ferguson Ferguson Forbes Forbes Forbes Fox Fox Jr. Francis Friese Galanos Gardiner Gardiner Gascoigne Gatis Davis Gibson Gibson Gilce Ginns Glasgow Glinton Glynatsis Godet- Spence Gomez Graham Gray-Wallace Greene Griffin Griffin Griffin Gulati Halbert Halbert Hall Hall Hall Hamilton Hanchell, JP Hanna Hanna Harding- de Goicoechea Hart Hayling Hepburn Hepburn Hepburn Hepburn Hepburn-McClain Hernqvist Herrod Hield Higgs Higgs Higgs Higg Hill Hillhouse Hillier Hinsey Holowesko Hall Holowesko-Dunkley Horton Huber Hudson Hunt Hurlock Hussey Hussey Hutcheson Hutcheson Hutcheson Hutchinson Huyler Ifill Illing Ingraham Ingraham Ingraham Isaacs Isaacs Johnson Johnson Johnson Johnson Johnson Johnson Johnson Johnson Johnson Johnson Johnson Johnson Johnson II Johnson-Ramirez Jones Jones Jones Joos Jupp Kemp Kemp Kemp Kemp, II Kettel Kikivarakis- Dillett Kimble

Type Postal Address Broker/Appraiser N-8245 Broker N-8164 Broker/Appraiser N-8164 Broker/Appraiser N-8245 Salesperson N-409 Salesperson N-8245 Salesperson F 42748 Salesperson AB-22705 Salesperson AB-22705 Developer N-664 Salesperson N-8245 Salesperson N-8245 Broker N-7655 Salesperson EE-15039 Salesperson SP62092 Salesperson CB-13002 Broker/Appraiser N-9956 Broker/Appraiser Broker N-8164 Salesperson SS 5699 Salesperson F- 43247 Salesperson CB-12762 Salesperson F-40368 Broker CB-11240 Broker/Appraiser N-641 Broker/Appraiser General Delivery Salesperson General Delivery Salesperson General Delivery Salesperson Salesman/Appraiser EE-15019 Salesperson General Delivery Salesperson EE-15019 Salesperson CB11182 Broker N-4491 Salesperson N-1062 Broker N-732 Salesperson N-732 Broker/Appraiser N-1335 Broker CB-11932 Salesperson SP 60986 Salesperson General Delivery Broker F-43335 Salesperson N-1062 Salesperson N7776 Salesperson General Delivery Broker F 41137 Broker N-8466 Salesperson Salesperson SS-19085 Salesperson EE-19504 Broker N-3832 Salesperson N-1055 Salesperson SP 60213 Broker/Appraiser SS-5988 Broker EE-19504 Salesperson N-1062 Salesperson EL-27235 Salesperson N-732 Broker General Del. Broker CB-1101 Salesperson CB-12675 Broker SS-1922248 Salesperson N-1062 Salesperson SS-19085 Salesperson AP-59217, Slot 2732 Broker N-7776 Salesperson N-7776 Salesperson SP-60213 Salesperson CR56766 Suite720 Salesperson SP-60213 Salesperson N-732 Salesperson CB-13647 Salesperson EE-15668 Salesperson SP-62233 Salesperson N-4589 Salesperson CR-55091 Salesman/Appraiser F-41991 Salesperson N-1062 Salesperson EE-17823 Broker/Appraiser EE-17823 Broker CR-56152 Broker SP-60986 Broker SP60986 Broker N-10414 Broker SP 60358 Broker/Appraiser CB-11517 Salesperson N-1458 Salesperson AB-20865 Salesperson AB 20865 Salesperson General Delivery Salesperson P.O. Box EL-27235 Salesperson N-1110 Broker AB-22758 Salesperson SS-19085 Salesperson F-40368 Broker SS-19282 Salesperson SP-60213 Salesperson CB-12675 Salesperson SP-60592 Salesperson CB-12989 Salesperson CB-13604 Salesperson E E- 17823 Salesperson N-9641 Salesperson CB-12675 Salesperson P.O. Box EX-29367 Salesperson EE-16021 Salesperson N-7776 Salesperson AB-20347 Salesperson AP-59221 Salesperson CB-12240 Developer LI-30105 Broker/Appraiser CR-54906 Salesman/Appraiser F. H. 14673 Salesperson F-43152 Developer CB-11233 Salesperson N 4949 Salesperson SS-6193 Salesperson N-1062 Salesperson N-1062 Salesperson N-776 Broker N 4505 Salesperson Salesperson CB-13304 Salesperson EE- 16489 Salesperson N 3709 Broker CB-13443 Salesperson SS-19248 Salesperson N-4484 Salesperson N-10119 Salesperson SS 5693 Salesperson SP-60074 Salesperson CB 13604 Salesperson N-1132 Broker N-1132 Salesperson SS-6894 Salesperson Salesperson N-1062 Salesperson N-1062 Broker/Appraiser N-1444 Broker N-3162 Salesperson General Delivery Salesperson DC-30716 Developer N-8727 Salesperson N-3709 Broker GT-2368 Salesperson N-10119 Salesperson N-1282 Salesperson CB-11517 Salesperson CB-13647 Broker CB-13647 Broker CB-13647 Broker F-432221 Salesman/Appraiser General Delivery Salesperson AB20900 Developer General Delivery Developer EL-27569 Salesperson AB-2217 Salesperson EE-16358 Salesperson N-7776 Salesman/Appraiser SS-6041 Broker SS-5977 Salesperson SS-5977 Broker N-3822 Salesperson SS-6481 Broker SP-63985 Salesperson AB-20149 Broker P.O. Box EX-29420, Salesperson N-732 Salesperson N-732 Salesperson CB 13421 Salesperson CB 13421 Broker/Appraiser CB-13421 Salesperson CB -11932 Salesperson General Delivery Salesperson SP62951 Salesperson CB-13647 Salesperson N-3180 Salesperson EE-16295 Broker N-1062 Broker N-1458 Salesperson P.O. Box N-10133 Broker N-4949 Salesperson Broker SS-19270 Salesperson General Delivery Broker N-7776-151 Broker/Appraiser F-42480 Salesperson SS-5872 Salesperson N-7776 Salesperson N-9473 Salesperson EL 27457 Salesperson EE-16439 Salesperson N-1062 Salesperson N-1132 Salesperson N-732 Salesperson F 43790 Broker/Appraiser F-41684 Broker N-10414 Salesperson Salesperson N-4949 Broker EL-26016 Salesperson N-1062 Salesperson EX-29031 Salesperson SP-60986 Salesperson EX-29111 Broker/Appraiser AP-59217, Slot 2732 Broker/Appraiser CB-13443

Town/District Nassau Nassau Nassau Nassau Nassau East Bay Street Freeport Green Turtle Cay Green Turtle Cay Nassau Georgetown Nassau Nassau Nassau #148 Yamacraw Hil Nassau Nassau Nassau Nassau Nassau Freeport Nassau Freeport Nassau Lyford Cay Tarpum Bay Tarpum Bay Tarpum Bay Lyford Cay Nassau Guana Cay Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Hope Town Freeport Nassau Nassau Governor’s Harbour Freeport Palmdale Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Harbour Island Nassau Nassau Nassau Nassau Nassau Nassau Nassau Caves Village Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Tarpum Bay Nassau Freeport/Lucaya Nassau Nassau Nassau Nassau Nassau Nassau Nassau West Bay Street Nassau Nassau Marsh Harbour Marsh Harbour Hope Town Governor’s Harbour Nassau Green Turtle Cay Nassau Freeport Nassau Nassau Nassau Nassau Nassau Nassau East Bay Street Nassau Nassau George Town, Governor’s Harbour Nassau Marsh Harbour Nassau Nassau Stella Maris Nassau Nassau Freeport Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau West Bay Street Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Governor’s Harbour Salt Pond Nassau Nassau Nassau Nassau #148 Yamacraw Hil Nassau Nassau Caves Heights Nassau Freeport Great Harbour Cay Marsh Harbour Abaco Spanish Wells Abaco Nassau Nassau Nassau Nassau Lyford Cay Nassau Nassau Nassau Jimmy Hill Nassau Nassau Nassau Nassau Nassau Nassau Tarpum Bay Nassau Nassau Nassau Nassau Nassau Nassau Nassau Great Harbour Cay Nassau Nassau Marsh Harbour Lyford Cay Freeport Nassau Nassau Nassau Spanish Wells Nassau Nassau Nassau Nassau Freeport Freeport/Lucaya Village Rd. Nassau Nassau Rock Sound Nassau Georgetown Nassau Georgetown Nassau Nassau

Island New Providence New Providence New Providence New Providence New Providence New Providence Grand Bahama Abaco Abaco New Providence Exuma New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Grand Bahama New Providence Grand Bahama New Providence New Providence Eleuthera Eleuthera Eleuthera New Providence New Providence Abaco New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Abaco Grand Bahama New Providence New Providence Eleuthera Grand Bahama New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence Grand Bahama New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Abaco Abaco Abaco Eleuthera New Providence Abaco New Providence Grand Bahama New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Exuma Eleuthera New Providence Abaco New Providence New Providence Long Island New Providence New Providence Grand Bahama New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera Long Island New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Grand Bahama Berry Islands Abaco Abaco Eleuthera Abaco New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Abaco Exuma New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence New Providence New Providence New Providence Berry Islands New Providence New Providence Abaco New Providence Grand Bahama New Providence New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence Grand Bahama Grand Bahama New Providence New Providence New Providence Eleuthera New Providence Exuma New Providence Exuma New Providence New Providence

OECD not harmful finding may only be ‘temporary reprieve’ FROM PAGE ONE relates to what they have assessed, I’m going to say there is a temporary reprieve in that they are saying that the way we tax organisations, domestic and international and all residents, is not so discriminatory that it creates an environment that is more favourable for persons to run from their home jurisdiction and get benefits that the domestic persons in The Bahamas wouldn’t get. All of the legislation passed in December, January through March, to meet the EU requirements were really the same things presented to the OECD.” The OECD review, which encompassed 11 other jurisdictions with “no or nominal” income tax regimes, assessed whether they and The Bahamas were in compliance with one of the “actions” they pledged to implement in order to comply with its Base Erosion and Profit Shifting (BEPS) initiative.

It focused on BEPS’ socalled “Action 5”, which deals with countering “harmful tax practices”, and especially whether this nation and the others had imposed “economic substance” requirements on entities operating from their jurisdictions to ensure they were conducting real business through physical offices and employees based there.

The OECD, noting that “economic substance” requirements had taken effect from January 1, 2019, via the Commercial Entities (Substance Requirements) Act 2018, added that The Bahamas’ “domestic legal framework meets all aspects of the standard” and is therefore “not harmful”.

The findings were approved by the OECD’s Forum on Harmful Tax Practices during a June 2019 meeting in Paris, and formally announced last Friday.

K Peter Turnquest, the deputy prime minister, said in reponse:“This confirmation by the OECD that The Bahamas’ domestic laws are not harmful affirms The Bahamas as a partner in the global fight against harmful tax practices, and reinforces to the international community that The Bahamas is a safe place for financial services and other investment activities,” Mr Turnquest said in a statement.

“Our commitment to the enhancement of transparency mechanisms demonstrates yet again

that The Bahamas will not be a jurisdiction that encourages or facilitates financial crimes, including tax evasion and money laundering.”

The BEPS “Action five” standard requires that geographically mobile activities, such as financial services, and its core income generating activities must be conducted with an adequate amount of qualified employees and operating expenses within a jurisdiction.

The Commercial Entities (Substance Requirements) Act 2018 was passed to address European Union concerns that The Bahamas provided a commercial environment with no or low effective tax rates on income, thereby attracting investments through corporate vehicles that had no substantial economic presence - and which did not engage in real economic activity - within the jurisdiction.

The EU’s assessment of The Bahamas’ substance legislation was conducted in March 2019, and was the basis for its decision that The Bahamas should not be included on the list of nonco-operative jurisdictions for tax purposes that was published that same month.

The OECD will review The Bahamas’ implementation of the new law, and its effectiveness in practice, in 2020. Its BEPS initiative aims to ensure that the profits of multinational companies are taxed in the country where they are generated, and attempts to prevent multinational companies using oftenlegitimate tax avoidance strategies to “exploit gaps and mismatches” between different countries’ tax rules and “artificially shift profits” to low or ‘no tax’ jurisdictions.

This enables them to minimise their tax exposure by paying a lower rate, and more than 100 countries worked under OECD oversight to implement 15 so-called BEPS “actions” designed to halt the loss of much-needed tax revenue by developing countries due to such practices.

Countries had to confirm they were implementing a minimum four out of these 15 “actions” by December 2017. The four that The Bahamas selected were (Action 5): Countering Harmful Tax Practices; (Action 6): Treaty Shopping; (Action 13) Transfer Pricing Documentation and Country-by-Country Reporting; and (Action 14) Dispute Resolution.

NOTICE

NOTICE is hereby given that JOVAUGHN PIERRE of Carmichael Road, Nassau, Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 19th day of July, 2019 to the Minister responsible for Nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

PAGE 8, Friday, July 26, 2019

THE TRIBUNE

European Central Bank joins Fed in paving way for stimulus

PRESIDENT of European Central Bank Mario Draghi.

FRANKFURT Associated Press THE European Central Bank joined the US Federal Reserve in making clear that more stimulus could be coming soon to support an economy weakening in the face of global trade tensions.

The ECB’s rate-setting board left its key interest benchmarks unchanged at a policy meeting yesterday but said it could cut them as its next move. It also said it was telling staff to study ways to restart its bondbuying stimulus programme in coming weeks.

Several analysts said the statements meant the ECB, which sets interest rate benchmarks for the 19 countries that use the euro, could deliver a stimulus package at its next meeting Sept 12.

President Mario Draghi stressed repeatedly at his news conference that the bank was “determined to act”.

“We say, we don’t like the current inflation,” he said.

“No question of accepting the inflation we are seeing today.”

Inflation in the eurozone is at an annual 1.3%, short of the ECB’s goal of just under 2% that is considered healthiest for the economy, even after years of low interest rates and massive amounts of monetary stimulus.

And global economic growth is being dragged down by events like the US-China trade war that have spurred other central banks, including the Fed, to also move toward providing more stimulus.

Officials at the Fed have signaled that they could cut their interest rate benchmark from a range of 2.25-2.5% at their July 30-31 meeting. Central banks in South Korea, Indonesia and South Africa have already cut rates in recent days.

The US and China have imposed import taxes on hundreds of billions of dollars-worth of traded goods.

US President Donald Trump has warned that more tariffs could be coming if he cannot reach a trade deal with China to reduce the US trade deficit.

Trump has also threatened to put tariffs on Europe’s big automotive industry.

Meanwhile, Britain’s exit from the European Union on Oct 31 could result in tariffs on trade if the country does not reach a withdrawal deal with the rest of the bloc.

These combined uncertainties have mainly hurt the manufacturing sector in Europe, particularly in export-focused countries like Germany, where the labor market is otherwise strong.

The European Central Bank’s key move on Thursday was to change the wording of its policy statement by saying that rates will remain at current record lows “or lower” through the middle of 2020.

Adding “or lower” emphasised that the next move could be down.

The monetary authority for the 19 countries that use the euro meanwhile began looking into a possible new round of bond purchases, which inject newly created money into the economy in the hope of stimulating economic activity and raising inflation.

The central bank halted a 2.6 trillion-euro bond-buying program only at the end of last year, saying inflation was headed sustainably toward its goal. The inflation figure is important because the ECB is tasked above all with keep price increases steady. Price and growth indicators have weakened in recent months, however. Persistently low inflation can be a sign of economic weakness and can make it harder for indebted governments and consumers to reduce their debt burden.

It remains an open question how much more stimulus the ECB would get from a rate cut or bond purchases since rates are already low and the 2.6 billion euros in added stimulus has not been withdrawn from the financial system.

Almost four years of bond purchases left the ECB still struggling to consistently reach the inflation target.

Draghi said that the past bond purchases have created millions of jobs but that wages gains were taking longer than expected to translate to higher consumer prices.

Central bank policies have a wide-ranging impact on companies, governments and individuals. A return to more stimulus means cheaper borrowing for companies and governments, which can support business activity and take pressure off government budgets. It can mean paltry returns, however, for savers while boosting stock prices, at least in the short turn, by pushing people out of lower-yielding, safer investments into riskier ones.

NOTICE NOTICE is hereby given that JAYSEN PIERRE of, Frazier Allotment, New Providence, 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 26th day of July, 2019 to the Minister responsible for Nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

PUBLIC NOTICE - REAL ESTATE BOARD LICENSED BROKERS/SALESMEN/APPRAISERS/DEVELOPERS First Dwayne Jason Sherry Kally Rudolph Craig Linda Olivea Glenique Danielle R. Henry Aaron Franklyn Warren W. Sandra P. Jeannette Graham Iola Monica Allysan Judith Ryan Joicelyn Shannon Gina L. Marissa Dyaria Lacharah Dwaynecia David A. Mark A. Reneika D Janae C Vicky M. Kerrie Sherrie Spencer Marcus Donna Caryl Brett Justin Andre W. Jasmine Roger S. Prince Colin Christopher E. Chris J Michael Jacqueline Edwin Christopher J. Heather Bertram E. Hollis Rhodney O’Layinka Hartman Patricia Paul K.C. Daniel W. Christopher Analia Daniel Robyn David A. Christian A. Catherine Andrew A. Neil A. Daphne Joseph F. M. L Rashad Mervyn James Kennedi Spencer Kristina Tanya Garry R. Donald P. Michelle Carmen G. Patrick Jorge Eugene-Gino Jason Sean Mary Paige Dave Alex Broyde Harry Charmain Jacqueline H. Giselle Desmond Antoinette Kathumel Tamina C. D. Neil Samone Dorothy Prescott Martina Kurt Junior Anthony Irene Nicholas Anthony Bernadette H.J. Bradley Glenn Winifred Greg V. Sopnovia Silbert Desaree Erica Edward A. Felicia Oliver J.C. Michael Kenisha Matthew Cheryl James S. David G. Ian David F. Bianca Jonathan P. Sherry Celeste Henry Neville Emmanuel Nicolas E.P. Maria M. Michael N. James George Deanna Harvey Gevon Joel Birgirtha Debra Mark Gregory Lana Sarah L. Cristina Bersel Robert Anthony Dominique Osano Sean Ohmar Cindy Ed Eric Phillippa Keith Treniqua Celeste Jaime Krystle John Marc Eugenie Marie Andrew G. S. Coretta James Robert Chandra Sara Victoria Helena Jane Victor Mitzi KerryAnn Jackswell Charles Miguel Audley Chiara Keith C. Diane Jessica John Norma Percival R. Dana Rachel K. Craig Denise Kenton Candida Holly Lynden O. Sheldon James Christopher Yasmin Sophia Oscar Edith Vincent Delerese Donovan Vanessa

Last King Kinsale Klonaris Klonaris Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles Knowles-Andrews Knowles-Brown Knowles-Stuart Laidley Laing Laing-Jones Lashley Lashley Leach Lee Lee Legros Lewis Lightbourn Lightbourn Lightbourn Lightbourn Lightbourn Lightbourn Lightbourn Lightbourn Peterson Lightbourne Lightbourne Lloyd Lockhart Longley II Love Lowe Lowe Lowe Lowe Lowe II Lowe-Davis Lunn MacDonald Macleay Mactaggart Mactaggart, Jr. Maioulis Major Major Major Jr Malcolm Mallory Mallory Malone Manos Markham Martinborough Martinborough Massoni Maura Mauricio Maycock McCarroll McCarroll McCartney McCartney McCorquodale McDonald McDonald-Green McGann McIntosh McIntosh McIntosh McKenzie McKenzie McKinney McKinney McKinney-Blackwood McNamara McPhee McSweeney Melnechuk Mernard Miaoulis Miaoulis Miaoulis Miaoulis IV Miller Miller Miller Miller Miller Miller Mills Mingo Minnis Minus Missick Missick Missick Mitchell Mitchell Moir Moncur MBA, RFC, ChMC Moorcroft Morley Morris Morris Morris Morrison Moser Mosko Mosko Mosko Mosko Mosko Mosko-Battello Moss Moss Moxey Moxey Moxey-Rolle Moyle Munnings Munnings-Basalyga, BRI, CIPS Munro Murciano Musgrove Myers Myers Neely Neely Newbold Newell Newell Newman Newton Neymour Nixon Nixon Nixon Nottage Nutt Nuttall O’Brien II Owen Palacious Pantry Parker Parker Parmentier Selby-Cane Parotti-Burrows Patterson Patterson Pearce Pearce Percentie II Perez Peters Petrucci Philippe Philippe Pinder Pinder Pinder Pinder Pinder Pinder Pinder Pinder Pinder Pinder- Carey Pinder- Peel Pindling Pitt Pleydell-Bouverie Plummer Popescu Porras Porter, Jr. Powell Pratt Pratt Price Pritchard-Ansell

Type Postal Address Salesperson F- 43152 Developer CB-12762#355 Salesperson F-44704 Salesperson CB-13443 Salesperson General Delivery Salesperson SP- 60216 Salesperson SS-19086 Broker CB-12396 Salesperson General Delivery Salesperson AB 20106 Broker SS-6219 Salesperson SS-6219 Salesman/Appraiser General Delivery Salesperson N- 1130 Salesperson N-8164 Salesperson N-1132 Salesperson SS 6219 Broker DC-30646 Salesperson Salesperson SS-6690 Salesperson N-641 Salesperson N-3709 Salesperson SS-6041 Salesperson N-4949 Salesperson General Delivery Salesperson Salesman/Appraiser SS-6041 Salesperson P.O. Box CB-11911 Salesperson CB- 12276 Salesperson N-1062 Broker N-8164 Salesperson N-9921 Salesperson N-1062 Salesperson EL-27045 Salesperson EE-15647 Broker F-43790 Salesperson CB-14000 Salesperson CB-14000 Salesperson N-1702 Broker CB-11196 Salesperson CB11196 Salesperson N-7776 Salesperson N-1132 Broker/Appraiser N-4949 Salesperson CR-56766 Salesperson General Delivery Broker/Appraiser N-4949 Salesperson N-732 Salesperson N-4949 Salesperson Broker N-4949 Broker/Appraiser F-40693 Broker CB-12291 Salesperson N-7014 Salesperson CB-11932 Broker N-8339 Salesperson General Delivery Broker/Appraiser N-9251 Broker F-42748 Broker/Appraiser SS-6041 Salesperson SS6219 Salesperson CR56766 Suite720 Salesperson SS-19337 Salesperson SS-6041 Salesperson CB-13443 Salesperson F-43152 Salesperson AB-20509 Broker SS-19223 Salesperson EL-27235 Broker/Appraiser FH-14673 Salesperson SS-6193 Salesperson N-1062 Salesperson General Delivery Salesperson F40368 Broker/Appraiser F-40368 Salesperson Gen. Delivery Broker EX-29476 Salesperson N-4949 Broker N-1132 Salesperson N-1132 Broker SS-6193 Salesperson N-8164 Broker N-9128 Broker/Appraiser SP60213 Broker N-3371 Salesperson N-3371 Broker N-1144 Salesperson Broker EE-17823 Salesperson GT-2127 Salesperson N-10119 Developer CB-13835 Salesperson N-1062 Salesperson AB 22744 Salesperson N-9600 Salesperson SS-19086 Salesperson CB11556 Broker N-22 Salesperson SS-6193 Salesperson N-1062 Salesperson N 7776 Salesperson EE-15746 Salesperson SS-6193 Salesperson CB-11932 Salesperson General Delivery Salesperson SS-6269 Salesperson SS-6269 Salesperson EL-27235 Salesperson N-1130 Broker CB-11639 Broker CB-11605 Salesperson EE-16435 Salesperson F-41764 Salesperson CR-56152 Salesperson N-1062 Salesperson AB-22705 Broker SP-61762 Salesperson General Delivery Salesperson N-1062 Broker F-42827 Salesperson N-1062 Salesperson F- 43152 Salesperson N-8245 Salesperson SP-61978 Broker CB-13836 Salesperson F-43250 Developer F 44636 Broker/Appraiser SS-19085 Salesperson CB- 11560 Salesperson EL-25009 Salesperson N-4484 Salesperson SS-6481 Developer EE-15832 Broker N-1130 Broker N-1130 Salesperson F-40368 Broker F-40368 Broker N-641 Salesperson F-40368 Salesperson AB- 20669 Salesperson EE 17944 Broker/Appraiser SS-6193 Salesperson N 1947 Salesperson EX-29008 Salesperson N-4852 Salesperson N-4484 Broker N-4484 Salesperson SS-6193 Developer C/O N-4875 Salesperson Ex-29190 Salesperson SS-6481 Developer CB 11296 Salesperson N-4949 Salesperson N-8164 Salesperson N-8164 Salesperson AB-20509 Broker AB-20509 Salesperson EX-29427 Salesperson N-3896 Salesperson SP-60986 Salesperson N-1062 Salesperson EE-15839 Salesperson N/A Salesperson N-8245 Salesperson SS-6193 Salesperson N-7776 Developer N-492 Broker N-12285 Salesperson N4553 Salesperson N/A Broker SS-5534 Broker CB-10964 Salesperson EL-27045 Broker F-40089 Salesperson General Delivery Broker AB-20123 Salesperson AB-204599 Salesperson N-8164 Salesperson SS-6193 Salesperson N-1132 Salesperson N-7655 Salesman/Appraiser F-43523 Salesperson N-8164 Salesperson N-8164 Salesperson AB-20404 Salesperson General Delivery Salesperson SS-5889 Salesperson AB-20473 Salesperson SS-6193 Broker/Appraiser N-3709 Broker SS-6894 Salesperson EL-27424 Salesperson F- 42473 Salesperson N-4949 Salesperson N/A Salesperson CB-11001 Broker CR-56766 Slot720 Salesperson AB-22950 Broker AB-22705 Salesperson F-42748 Salesperson CB-13443 Broker F-40111 Broker/Owner CB11747 Salesperson N-368 Salesperson CB-13443 Salesman/Appraiser SP 60213 Salesperson N-732

Town/District Freeport Nassau Freeport/Lucaya Nassau Marsh Harbour Nassau East Bay Street Nassau Tarpum Bay Hope Town Nassau Nassau Mangrove Bush Nassau East Bay Street Nassau Deadman’s Cay Nassau Nassau Nassau East Bay Street Nassau Nassau Nassau Hope Town Nassau Nassau Nassau Nassau Nassau Harbour Island Nassau Freeport/Lucaya Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau Marsh Harbour 18 Shirley Street Nassau Marsh Harbour Elbow Cay, Nassau Freeport/Lucaya Nassau Nassau Nassau Nassau Hope Town Nassau Freeport/Lucaya Nassau Nassau Nassau Nassau Nassau Nassau Freeport Man-O-War Cay Nassau Harbour Island Nassau Nassau Nassau Freeport Freeport Hope Town Nassau Nassau Nassau 30 Queen Street Nassau Nassau Nassau Nassau Nassau Nassau Nassau Nassau #148 Yamacraw Hil Nassau Nassau Marsh Harbour Nassau Nassau Palmdale Nassau Nassau Nassau Nassau Nassau Nassau Nassau Hope Town Nassau Nassau Harbour Island Nassau Nassau Nassau Nassau Freeport Nassau Nassau Green Turtle Cay Nassau Governor’s Harbour Nassau Freeport/Lucaya Nassau Freeport Nassau Nassau Nassau Nassau Freeport Nassau Nassau Governor’s Harbour Nassau Nassau Nassau Nassau Nassau Freeport/Lucaya Freeport/Lucaya Nassau Freeport Marsh Harbour Nassau Nassau Nassau Jimmy Hill Nassau Nassau Nassau Nassau Nassau George Town, Nassau Nassau Great Harbour Cay Nassau Nassau Marsh Harbour Marsh Harbour Georgetown Nassau Nassau Nassau Nassau #1 Bay Street Nassau Nassau Nassau Nassau Nassau #148 Yamacraw Hil Nassau Nassau Nassau Harbour Island Freeport/Lucaya Hope Town Marsh Harbour Marsh Harbour Nassau Nassau Nassau Nassau Freeport Nassau Marsh Harbour Hope Town Nassau Marsh Harbour Nassau Nassau Nassau Spanish Wells Freeport Spanish Wells Marsh Harbour Nassau Nassau Man-O-War Cay Green Turtle Cay Freeport Nassau Freeport/Lucaya Nassau Nassau Nassau Nassau Nassau

Island Grand Bahama New Providence Grand Bahama New Providence Abaco New Providence New Providence New Providence Eleuthera Abaco New Providence New Providence Long Island Eleuthera New Providence New Providence New Providence Long Island New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence New Providence Abaco New Providence New Providence New Providence New Providence New Providence Eleuthera New Providence Grand Bahama New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Abaco New Providence New Providence Abaco Abaco New Providence Grand Bahama New Providence New Providence New Providence New Providence Abaco New Providence Grand Bahama New Providence New Providence New Providence New Providence New Providence New Providence Grand Bahama Abaco New Providence Eleuthera New Providence New Providence New Providence Eleuthera Grand Bahama Grand Bahama Abaco Exuma New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Abaco New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Abaco New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence Grand Bahama New Providence New Providence Abaco New Providence Eleuthera New Providence Grand Bahama New Providence Grand Bahama New Providence New Providence New Providence New Providence Grand Bahama New Providence New Providence Eleuthera New Providence New Providence New Providence New Providence New Providence Grand Bahama Grand Bahama New Providence Grand Bahama Abaco New Providence New Providence New Providence Exuma New Providence New Providence New Providence New Providence New Providence Exuma New Providence New Providence Berry Islands New Providence New Providence Abaco Abaco Exuma New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence New Providence Eleuthera Grand Bahama Abaco Abaco Abaco New Providence New Providence New Providence New Providence Grand Bahama New Providence New Providence Abaco Abaco New Providence Abaco New Providence New Providence New Providence Eleuthera Grand Bahama Eleuthera Abaco New Providence New Providence Abaco Abaco Grand Bahama New Providence Grand Bahama New Providence New Providence New Providence New Providence New Providence

THE TRIBUNE

Friday, July 26, 2019, PAGE 9 PUBLIC NOTICE - REAL ESTATE BOARD LICENSED BROKERS/SALESMEN/APPRAISERS/DEVELOPERS

First Eva Marie Giselle M. Luke Lana Kyla Emmanuel Donna E. Melanie James Martina Rafael Alisa Paula Cindy Paul G. Alva Justin Kimra Melissa T. Christopher W. Larry Mark M. Tyrone J. Richard Montague Joseph John Arthur Marcellus S Antonio Michael A. Summer Krystle Tim Anton Alvan K. Pedro D. Periska Guido O Patrice Ceron Calvin Katherine Ann Ralph Bruce Wendy Naisha June Eric Christopher Keith Phillice E Nadia Katherine Harisha Patrick B. Sarah Mailin Thomas A. Jr Darrin William Christopher Yvette Janice Telesha Maria Esther Nikolai James Sara Chad W. Richard W. Stan Elaine Dwight Nikolai Betty Katina Laurie Ernest Bernadette Wendell E. Daren Andrew J. Cara Nikhil Heath Owen P. Natasha Antoinette Caron Ina Lester Amanda Anne I. Cecil Timothy Tiffany Maureen Marsha Jill Philip Laura Julian A. Sharvase MIchael Martin Shawne K Dean Kyle Michelle Patrick Ayana Nsenga Sonia Kyron Elizabeth Patrick Edsel Terrence Osbourne Cyprianna J. Eulanda Omar Daria N Diane Kerry Stephen Carla A. Derek Clay Ruby Lee Matt Dorien Ricky Roger Lakeisha Jeremy Oris E. Chanelle A. Don Stafford Rev. Robin Brent T. Peter Peter Claire Perry Rhiannon Manpreet Elaine William ‘Bill’ Christopher Elbert Phyllis D. Paul D. Shawn Steven Jessica Colyn Indira Krystal Jennifer Linda Lisa Lorraine E. Collingwood Michael Ingrid Danielle Dianna M. Natasha YaEl Christine Dwayne Nicholas R. Ana Elisa Gregory Rhonda L.Roberts Daniel Janet Katherine F. Elizabeth Alecia Wayne M. Anthony Valerie A. Maria G. Kelli Rosalie Spencer D. Gregg Peter John Harold Roosevelt K. Misty Dawn De’ Angelo Roosevelt K. Hazel Beatrice Rachel Desiree Madeline E. David Alexander Philip P. Neil Nicola Francisca Franon Vena B. William U. Jason Ruth Melverna Wellington Chantelle Ian Sheila Mary

Last Pyfrom Pyfrom Pyfrom Rademaker Ralston Reckley Rees Rees Rees Reichardt Reyes Richardson Ritchie Ritchie Ritchie Ritchie Ritchie-Johnson Ritchie-Wilkinson Roberts Roberts Roberts Roberts Roberts Roberts Roberts Roberts Roberts Roberts Roberts-McPhee Rodgers Rodland Rodrigues Rolle Rolle Rolle Rolle Rolle Rolle Rolle Rose- Clarke Rossdeutscher Rowan Rowe Russell Russell Russell Russell Russell Russell Russell Russell Rutherford Sams Sands Sands Sands Sands Sands Sands Sands-Pinder Santillo- Silvester Sargent Sarles Sarles Saunders Sawyer Sawyer Sawyer Sawyer Sawyer Sawyer Schmid Schopper Schreiner Schutz Scott Seymour Seymour Seymour Jr. Seymour-Collie Shah Shelton Shepard Shephard Shepherd Simmons Smith Smith Smith Smith Smith Smith Smith Smith Smith Smith Smith Smith Smith Sneyd Solomon Springer Spychalla Stevens Stevenson Stevenson Storr Storr Strachan Strachan Strachan Strachan Stuart Stuart Stuart Stubbs Stubbs Sturm Sullivan Sweeting Sweeting Sweeting Sweeting Sweeting Sweeting Sweeting Sweeting Sweeting Symmonett Symmonett Symmonett Symonette Symonette Symonette Symonette Taylor Thackray Thomas Thomas Thomas Thompson Thompson Thompson Thompson Thompson Thompson Thompson Thompson Thompson Thompson Thompson Treco Treco Treco Tucker Turnquest Turnquest Turnquest Tynes Stuart Van Wynen Vargas-Phillpot Vythoulkas Walcott Wallace-Whitfield Wallas Ward Wassitsch Watkins Waton Waton Watts Weech Weech Wells Wells Wells Wells Wells Wells -Fawkes White White Whitehead WhiteIII Whyms Whyms Whyms Whyms Wicky Wiklund Wilchcombe-Aranha Wilkinson Williams Williams Williams Williams Wilson Wolfe Wong Wong Wong, J.P. Woods Wszolek-Euteneuer Young Young Zervos-Knowles

Type Salesperson Developer Salesperson Broker Broker Salesperson Broker Broker Broker Salesperson Developer Salesperson Salesperson Broker/Appraiser Salesperson Salesperson Broker Salesperson Broker/Appraiser Broker Broker Broker Salesperson Salesperson Salesperson Broker Salesperson Salesperson Salesperson Salesperson Broker Salesman/Appraiser Broker/Appraiser Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Developer Salesperson Broker Broker Broker Broker Salesperson Salesperson Salesperson Salesperson Salesperson Broker/Appraiser Salesperson Salesperson Broker/Appraiser Broker Salesperson Salesperson Salesperson Salesperson Broker Broker Salesperson Broker Salesperson Broker Salesperson Salesperson Salesperson Salesperson Salesperson Broker Salesperson Salesperson Developer Salesperson Broker Salesperson Salesperson Salesperson Salesman/Appraiser Developer Salesperson Broker Broker Salesperson Broker Salesperson Broker Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Developer Developer Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker/Appraiser Salesperson Salesperson Broker/Appraiser Salesperson Salesperson Salesperson Salesperson Broker Broker Broker Broker/Appraiser Salesperson Salesperson Salesperson Broker Salesperson Salesperson Salesperson Broker Salesperson Salesperson Broker Salesperson Broker Salesperson Salesperson Salesperson Broker Salesperson Salesperson Broker Broker Broker Broker/Appraiser Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker Broker Salesperson Salesperson Salesperson Salesperson Salesperson Salesperson Broker Salesman/Appraiser Broker Salesperson Salesperson Salesperson Salesperson Broker/Appraiser Salesman/Appraiser Salesperson Broker Broker/Appraiser Broker Salesperson Salesperson Salesperson Broker/Appraiser Broker Broker Developer Broker Salesperson Salesperson Developer Broker Salesperson Salesperson Salesperson Salesperson Salesperson Salesman/Appraiser Salesperson Broker/Appraiser Broker Broker/Appraiser Salesman/Appraiser Broker Broker/Appraiser Salesperson Salesperson Broker Salesperson

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Town/District

CB-13000 CB-13000 N-732 CB 13604 GT-2032 AB-20149 SS-19085 AB-20149 N 8164 N-1062 EE-16336 EE-16336 N-8339 C B 13647 SP 60412.

EE-16336 AB-20856 N-1132 SS-6366 SS-6070 N-732 61 Harbour Island AB- 20237 A B 22183 AB-20404 CB-13304 N-8164 CB-11354 SS-6041 N-7401 EX 29034 N-8860 N-4949 CB-13304 GT-2513 N-101119 DC 30699 Gener CB 13443 EX-29178 F-43152 AB20967 SS-6041 EE-17623 N-1062 N/A AB-20198 N-1062 N-4182 AB-20900 AB-20900 EL-26030 General Delivery N-1132 CB-11246 SP-64205 F-43152 AB-20900 N-10133 F 43152 F-43152 SP-64124 AB-20404 N-732 AB-22127 N-1480 N-4098 N-641 CB-11706 N 7776 General Delivery AP-59223 CB-12291 SS-6938 N-8164 CR 56766 Suite 720 N 282 AB-20509 General Delivery N-4949 EL-27235 SS-5640 F-43152 N-1110 CR-56766 N-7776 EX-29222 CB-13304 F-43152 AB20455 N-1062 LI30 .105 AP-59223 Slot 450 N-1130 CB-11001 N-1062 SP-64185 N-4818 General Delivery CB-13304 AB-20149 N-8096 N-3180 N-1062 N-3180 SP-62185 N-4170 AB-22554 N-10119 CB-12291 N-9715 EL27152 N3745 SS-6299 General Delivery N-1110 SS-19085 N-1444 EL-27412 CB 13534 CB 13534 EE- 17823 N-1062 General Delivery N-7795 N-7795 N 4173 AB-22221 N-3709 N-3709 CB-11932 SS-19777 CB-13647 AB-20900 EE-16024 AB-20404 AB-20404 General Delivery N-8164 N-1062 AB 22705 General Delivery General Delivery N-8164 N-1062 N-1130 SS-6650 CB-11932 SP-64205 N 7246 N-8408 EX-29101 N-4949 GT 2494 N-3371 SS-5151 N-4949 EE-17823 N-3709 AB-20777 SS-2636 N-1132 N-8245 General Delivery N-8164 EX-29122 General Delivery N-8245 CB 12644 N 3709 EE-16021 General Delivery SS-6193 CB-11120 N-4949 SS-6222 EX-29453 N-4820 EE-17617 EE-17617 General Delivery N-3709 N-1062 CB 11992 N-732 N 4491 EE-16276 N-3371 N-1062 N-3739 F 43440 CB-11932 N-1132 N-535 CB-11777 N 7113 EE 16021 SP-60035 N-1132

Signed: Registrar of Real Estate • Date: July 1st, 2019

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ELECTION WARNINGS BLARE, BUT ACTION STALLS IN CONGRESS WASHINGTON Associated Press ROBERT Mueller warned that Russian interference is still happening “as we sit here”.

State election officials are anxious and underfunded, some running systems with outdated software and scrounging for replacement parts off e-Bay. And yesterday a report from the Senate Intelligence committee concluded all 50 states were targeted in 2016 and ahead of the 2018 election “top election vulnerabilities remained”.

But there’s no help coming from Congress.

It’s a risky calculation heading into 2020, when the stakes will be high for an election that could see record turnout as President Donald Trump runs for a second term. Primary voting is six months away.

Senate Majority Leader Mitch McConnell yesterday blocked a Housepassed bill that would authorise $775m to beef up state election systems.

GOP leaders made the case that the Trump administration has already made great strides in protecting the vote and they say no more funding is needed.

The Senate Democratic leader, Chuck Schumer of New York, called inaction

by Congress a “disgrace” and pledged to keep pushing for votes. Mueller’s testimony “should be a wake-up call,” he said.

“Leader McConnell, let me read you that sentence,” Schumer said from the Senate floor, citing Mueller’s testimony on Wednesday before the House committees about Russian interference. “‘They’re doing it as we sit here, and they expect to do it in the next campaign.’”

The challenge was underscored yesterday as the Senate Intelligence Committee released the full results of an investigation that found the Russian government directed “extensive activity” against US election systems ahead of the 2016 election. Two years later, ahead of the midterm election, little had changed, as an intelligence assessment reported, “We are aware of a growing volume of malicious activity targeting election infrastructure in 2018.”

The report encourages states to “take urgent steps to replace outdated and vulnerable voting systems”.

It said, “More money may be needed.”

The House is pushing other bills targeting fake ads and cyber intrusions and the Senate already unanimously approved one bipartisan measure, which makes interference in elections a violation of immigration law, and another that makes it a federal crime to hack elections systems.

But Democrats — and some Republicans — say Congress must do more.

The most pressing issue is replacing electronic voting machines that do not produce a paper record of each ballot cast that is verified by the voter and can later be audited.

In 2018, ten states had more than half of their jurisdictions using machines without a paper trail, which cybersecurity

experts have warned are vulnerable to hacking and must be replaced.

An AP analysis in July found that many of the 10,000 election jurisdictions nationwide use old and soon-to-be outdated operating systems to create their ballots, programme voting machines, tally votes and report counts. Many systems are running Windows 7, which will reach its end of free Microsoft support for software vulnerabilities on January 14, and it’s unclear who would pay for extended support.

But time may be running out to address concerns in the states before the next election.

Even if Congress were immediately to send funds to states to replace voting equipment, it would be difficult to make substantial upgrades in time for the 2020 elections. It can take months to decide on replacement machines, develop security protocols, train workers and test the equipment.

Republicans said yesterday that $380m was allocated to the states in 2018 and not all of that money has been spent.

McConnell objected to the House bill, saying it was “not a serious effort” coming from the same side that he said spent the past two years “hyping” Mueller’s investigation into Russian interference in the 2016 election.

“Obviously, it’s very important that we maintain the integrity and security of our elections,” McConnell said yesterday.

It wasn’t the first time McConnell had put the brakes on election security efforts.

The Kentucky Republican halted a bipartisan effort ahead of the 2018 election to beef up state election systems. It stalled again this year.

That measure would have required all states to use paper ballots as a backup to electronic systems if they want to receive federal election money for voting equipment. It would also require that all 50 states conduct audits after elections.

Top Republicans, including Sen Roy Blunt of Missouri, who tried to push the bill forward, said yesterday much of what it intended to accomplish is now happening under the Department of Homeland Security.

“When you talk to anybody that’s responsible for elections, for monitoring outside interventions, and ask them, Do you need any legislation? .... The answer is always no,” he said.

Republican Sen James Lankford of Oklahoma, the lead GOP sponsors of the bill, said while much is being accomplished, the legislation is “still needed, because long-term you want to make sure it’s not dropped”.

One of those who had concerns about the bill last year was then-White House counsel Don McGahn, who Lankford has said called him in a private capacity as former elections law expert to offer input. Lankford used those suggestions, and others, to rework the bill.

As action in Congress has stalled, federal agencies have moved to address the problem.

NOTICE

NOTICE is hereby given that BELKYS VEAMONTES GONZALEZ KELLY, of 69A Davis Street, Oakes Field, Nassau, Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/ naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 19th day of July, 2019 to the Minister responsible for Nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

PAGE 10, Friday, July 26, 2019

THE TRIBUNE

House passes bipartisan budget bill with Trump support WASHINGTON Associated Press OBSERVING a rare cease-fire in their battles with President Donald Trump, the Democraticcontrolled House yesterday easily passed bipartisan debt and budget legislation to permit the Treasury to issue bonds to pay the government’s bills and lock in place recent budget gains for both the Pentagon and domestic agencies.

The measure, passed by a 284-149 vote, would head off another politically dangerous government shutdown and add a measure of stability to action this fall on a $1.37tn slate of annual appropriations bills. The Senate is scheduled to approve the bill next week.

The hard-won agreement between the administration and Democratic House Speaker Nancy Pelosi lifts the limit on the government’s $22tn debt for two years and averts the risk of the Pentagon and domestic agencies from being hit with $125bn in automatic spending cuts that are all that’s left of a failed 2011 budget pact. It is a welcome detente for lawmakers seeking to avoid political and economic turmoil over the possibility of a government shutdown or first federal default.

Trump took to Twitter to give the legislation his strongest endorsement yet: “House Republicans should support the TWO YEAR BUDGET AGREEMENT which greatly helps our Military and our Vets.” He added in a note of encouragement, “I am totally with you!”

Democrats rallied behind the legislation, which protects domestic programmes some of them have fought to protect for decades through extended stretches of GOP

SPEAKER of the House Nancy Pelosi, D-Calif, and the Democratic Caucus hold an event on the House steps to highlight their agenda since taking the majority in the 2018 election, at the Capitol in Washington yesterday. The House leaves for a five week August recess today.

Photo: J Scott Applewhite/AP control of Congress. Pelosi held the vote open to make sure the tally of Democratic votes topped the 218 required to pass the measure with Democratic support alone, a demonstration of strength.

House GOP conservatives, many of whom won election promising to tackle entrenched federal deficits, generally recoiled from it.

Many supporters, including the GOP leadership team, praised the bill as an imperfect but necessary result of Washington’s current divided balance of power and an already overheated presidential campaign.

“The alternatives are very, very bad,” said Rep Kay Granger of Texas, the top Republican on the Appropriations Committee.

But it contains no new steps to curb spending

elsewhere in the budget, rankling conservatives and lawmakers alarmed by the return of $1tn-plus budget deficits.

“Republicans who go along with this budget deal will lose all credibility on spending. This is budget deal is ludicrous,” said Jason Pye of the FreedomWorks conservative advocacy group.

“The GOP has been misleading the American public on spending for years now. Yeah, they talk a great game on the campaign trail. But when it’s crunch time, they fold.”

Trump’s active support for the measure did little to stem the tide of GOP defections.

Democrats backed the bill by a 13-1 margin while less than one in three Republicans supported the Trump-backed measure.

GOP conservatives, who comprise Trump’s strongest

base of support in Washington, weren’t critical of Trump for agreeing to the deal, even after Pelosi forced GOP negotiators to drop ambitious cuts to try to defray the bill’s impact on the debt.

Few opposition Republicans issued statements on the bill that might put them on record opposing Trump.

“You just have to understand that you lost in the negotiations and express your opinion, vote your conscience and go on,” said Rep Mark Meadows, R-NC. “It’s different when you’re in the minority.”

For instance, Pelosi foiled a late GOP push in this month’s intense round of negotiations for new offsetting spending cuts, though Pelosi gave assurances about not seeking to use the follow-up spending bills to add “poison pill” policy riders. It also yields to

Trump’s demand to retain budgetary transfer authority to try to shift funding to border projects.

Conservative Rep Thomas Massie, R-Ky, forced a vote to rename the measure as “A Bill to Kick the Can Down the Road”. It was easily defeated.

Pelosi was the main architect of the measure, along with Treasury Secretary Steven Mnuchin . Both sides see it as being in their interest to avert the alternative: A chaotic fall congressional session that could have pinballed from crisis to crisis.

Fights over Trump’s USMexico border wall, other immigration-related issues and spending priorities will be rejoined on follow-on spending bills this fall. The House has passed most of its bills, using far higher levels for domestic spending.

Senate measures will follow this fall, with levels reflecting the accord.

Washington’s arcane budget rules give each side a way to paint the deal favorably. Generally speaking, it would lock in place big increases won by both sides in a 2018 pact.

By one measure, the price tag for the legislation posts at $324bn. But more than two-thirds of that is to simply maintain current spending levels rather than fall prey to the automatic spending cuts, known as sequestration.

Another measure is $103bn, spread over two years to Pentagon and domestic accounts, to permit modest budget hikes of three or four percentage points above current levels.

Pelosi won a little more money for domestic programs than defense, but it would be eaten up by large new costs for the census and new private sector health programs for veterans.

“We are pleased that our increase in non-defense budget actually exceeds the parity number on defense by $10bn over the next two years,” Pelosi said. “And we’re pleased to be able to say that we have secured an increase of more than $100bn in the budget cap for domestic priorities since the President took office.”

But some progressives were unhappy that the legislation continued an upward climb for the Pentagon budget and cuts back increases for domestic programmes from even more generous levels contained in the spending bills that have already passed the House by partisan tallies. Rep Alexandria Ocasio-Cortez, D-NY, a sometimes irritant to Pelosi, voted for the measure despite raising concerns on Twitter earlier in the week.