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THURSDAY, AUGUST 19, 2021

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Chamber chief: ‘Ship has sailed’ on Abaco redesign

By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net

A

N Abaco Chamber head is concerned over the failure to redesign Marsh Harbour to protect it from massive flooding, as happened in 2019 with Hurricane Dorian, lamenting “the ship has sailed”.

Ken Hutton, president of the Abaco Chamber of Commerce told Tribune Business that while the reconstruction efforts are on-going in Abaco he is disappointed officials and residents are rebuilding the centre of Marsh Harbour with no regard to a future disaster.

KEN HUTTON Mr Hutton said: “Everything is rebuilding where it was. It’s a thing and I think based upon the impact of COVID-19 and the world economic situation and inflation and all of that, it’s always great to have the ideal happen but the ideal rarely coincides with the reality.”

Last year, then state Minister for Disaster Preparedness and Reconstruction, Iram Lewis, said a discussion must be had with the landowners in Marsh Harbour on moving Abaco’s capital more inland.

During Hurricane Dorian, Marsh Harbour was virtually wiped out being four metres, or just over 13 feet above sea level.

The storm surge which hit the island destroyed countless homes and businesses.

Mr Lewis said discussions would be had with landowners on “redesigning” Marsh Harbour completely, inclusive of the island’s main dock and removing the terminal facilities away from the seafront to a more secure location.

Construction advocates also called for mandating that buildings be built to a certain code and elevated above ground beyond the current building code.

Mr Hutton said that while reconstruction efforts in Marsh Harbour are steadily underway, these matters will require a “major, overall civil plan for reconstructing the entire Abaco central business district” and there isn’t any appetite with the residents for this at the moment.

“Is redesigning Abaco going to happen in the near term? Highly unlikely. I think the best chance we had for redesigning the city centre is now, but I

SEE PAGE 3

Solomon’s on the move with Lucaya grand opening

BY DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net

WITH a $1m remodel completed, Solomon’s Lucaya held a re-grand opening yesterday, and plans are proceeding to reopen by next March a second Solomon’s location in Downtown, Freeport, that will bring AML Foods’ total investment to over $5M in Grand Bahama.

Minister of State for Grand Bahama Senator Kwasi Thompson attended the ribbon cutting and indicated that AML’s investment is “a sign of confidence in the GB economy”.

He said: “This investment is about $1m. I also want to say…that is the key because every step we take is a step towards full recovery. This is not a small step, but it is a significant step and showing the people of GB that

KWASI THOMPSON

GAVIN WATCHORN

a company of this size has complete confidence in GB’s economy. And not just they have confidence to renovate his location, but they have announced their $3.5m project to bring back the downtown location.”

Mr Thompson stated that this is good news for the vendors downtown and added that government is working on a project in the downtown area that will be announced soon.

“We are so pleased they have decided to reopen that

location because it will do wonders for the downtown area, he said. We anticipate it will be the catalyst for other businesses, restaurants, cafes, and other retail businesses that will feed off the traffic. We also wish to say government is working on a project that we will announce shortly that will also enhance the entire downtown area as well. So, we are pleased with the progress and pleased with the promise of a renovated and rejuvenated downtown GB.”

Aliv in COVID-inspired demand for fibre services

By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net A SENIOR Aliv executive says the COVID-19 pandemic has increased demand for fibre services, transitioning away from lower bandwith standard modem services.

Delmaro Duncombe, senior Aliv solutions partner, speaking at a webinar, said: “There was a need now for all employees and everyone else who is a part of the organisation to do more with their internet whether that means they needed an extra bandwidth to access, or in some places

implement some sort of cloud based solution that their team will be able to work efficiently from.”

Among many other things fiibre services allow for improved internet access, video presentations and can provide businesses with a new platform to engage customers.

Even telephony changed significantly, said Mr Duncombe: “We did see an exponential increase in the need for data particularly and then we also saw a significant amount of customers converting from a standard PBX telephone

SEE PAGE 3

SBDC exec says technology pivot successful for SMEs

By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net A SMALL Business Development Centre (SBDC) executive said pivoting towards technology is what successful small and medium sized enterprises (SMEs) have been doing during the COVID-19 pandemic.

Shawn Gomez, the SBDC’s assistant director of public relations, speaking at a webinar, said the agency has seen a lot of their clients upgrading their technology and that’s who the SBDC has been throwing their financial support behind.

She said: “Larger companies have more support and more funding so they can pivot and do things quite easy, but when you see a SME that is able to see that a situation is not working, for example I was working a storefront but I can turn this into making this strictly delivery based, then that is smart.”

SMEs are “not in a box anymore” as they have the tools to be successful even despite the pandemic and can thrive without having a brick and mortar storefront, Ms Gomez argue.

SEE PAGE 3

Minister Thompson also commended AML Foods for the milestone they achieved in GB and being “a superb corporate citizen”, especially for its post-Dorian assistance, and its participation in the government’s Food Programme, partnering to supply food vouchers to thousands in GB. Gavin Watchorn, CEO & President at AML Foods Limited, said AML has been part of the GB community since 1999, first with its purchase of Thompson’s Wholesale, which grew into Cost Right, then by adding Solomon’s Queens Highway, Solomon’s Lucaya, and the Domino’s Pizza Store.

He stressed that they are not just another Nassau company in GB but have been a part of the GB community for the past 22 years.

SEE PAGE 3

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Wholesaler warns of very expensive xmas

By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net LEADING wholesaler Heath Pritchard has warned consumers can expect a very expensive Christmas with wholesale prices continually rising, something he expects to carry on into 2022.

Mr Pritchard, vice president of Asa H Pritchard, told Tribune Business: “For example, we have seen frying oil, one of the most imported item in this country due to all of the fried chicken outlets we have, about five months ago the price of oil doubled.

“A 35 pound Jib (jug in box) of frying oil was $26, but I think the going rate is now $58. Remember, so many products are oil based so when the price of oil goes up everything goes up.”

Prices are also rising, he said, due to a “labour shortage” in the United States, particularly with meat processors and butchers.

“There just aren’t enough butchers back to work yet, so it’s hard to find choice cut meats anymore because there is no one to process all of this protein,” he said “The price of cheese is up, the price of UHT (ultra high temperature) milk is up. Price of proteins is up.

So we’re definitely seeing increases, it doesn’t come across every single category, but then you also have the problem with being able to procure items.”

He explained he is experiencing the same challenges building materials suppliers and other import reliant companies are facing with the lack of shipping containers coming out of China in addition to their elevated cost.

Mr Pritchard said that the cost of container being shipped out of China went from $4,000 to $17,500 in a little over a year. “China

is holding on to all of these containers, so there is a massive world wide container shortage.

“So to bring product from the US hasn’t changed in price much, but you have to remember is that when you have this flow of sailings happening containers are just circulating through the world.

“Well now everything that comes to China they are just holding them and having people pay them for them.”

Between logistics issues with shipping containers tied to China, the lack of meat processors in the US and the price of oils having an impact on everything else, Bahamians can expect an expensive Christmas and New Year if the trend continues, says Mr Pritchard. “I can definitely see this going well into the New Year.”

Justin Higgs, marketing manager for Bahamas Wholesale Agencies (BWA) agreed with the lack of shipping containers having an impact on prices and added, “The price increase varies by item.

If we have things coming directly from Florida we aren’t see anything substantial, but anything coming from further north, the freight costs are continuing to go up.

“Inflation is a big issue, the cost of shipping has definitely gone up and it all depends on where wholesalers are getting their stuff from. If they are ordering goods all the way from Europe then of course things are going to be a bit more expensive.”

Mr Higgs also said: “The cost of raw materials is also playing a significant role in price increases, especially at the factory level and the cost that they sell to us.

“The price increases are impacting us straight across

SEE PAGE 3

PAGE 2, Thursday, August 19, 2021

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THE TRIBUNE

Animating graphics with after effects THE programme Adobe After Effects is an incredible compositing software that makes great animated motion graphics and visual effects. Used in conjunction with the myriad of Adobe applications, like Premiere Pro and Animate, this application is a powerful tool for filmmakers.

Can you use After Effects for video editing?

After Effects, while it can edit videos, it was created to design stunning motion graphics with special effects.

The programme is really meant to “add” to a video, not act as a video editor.

Learning this software is a plus in the industry as not only is it widely used, it also has a ton of capabilities.

Basically, being part of a full suite of software makes the After Effects brand not only stronger, but it is supported by a family of apps that can be purchased in a bundled software.

With all this being said, even though the price of Adobe has created a need for alternatives, the subscription-based model is not cheap either.

While After Effects is competitive in the market, several alternatives can still do many of the same things which are either free or is of a better value. Blender, Nuke, Motion and Red Giant are all viable alternatives.

What is After Effects used for?

It is the industry standard tool for motion graphics and visual effects and designers, filmmakers, animators and Videographers love this program; not only for what it can do but for how it connects to other tools in their workflow.

Unfortunately, if there is a need for the best 3D animating software, After Effects may not quite make the cut as it isn’t at the top of this specific niche. Will Adobe After Effects stand the test of time? Most likely, yes.

This software continues to adapt and get better even with alternatives looming close behind.

Pros Everything can be finetuned using keyframes, templates, and effects with beautiful finished animations. This programme works on both Windows and Mac computers and also with its sister application Premiere Pro, and other Adobe apps such as Photoshop, Animate, and Illustrator. After affects can change a scene’s setting easily, add a moving object, make selective color adjustments, choose from hundreds of effects and create VR videos for an amazing audience action.

Cons Adobe will not allow persons to purchase After Effects for a one-time fee.

You will have to continuously pay a yearly subscription.

Frankly, After Effects is not an easy program to learn and newbies may wish to watch countless tutorials to master this programme. The feature list while impressive, is extensive and can be overwhelming. Also, while the application has some 3D capability, creating 3D models and environments is not the programme’s main focus. In comparison, Premiere Pro is the industry standard in editing video and film, while After Effects is the industry standard for visual effects and text animation.

Nonetheless, Illustrator is easier, intuitive and more functional whereas, After Effects might be the quicker route, but for more complex graphics, Illustrator will save time and sanity. Meanwhile some of its comparable alternatives include Blender, Nuke, Fusion, and Hit Film Pro. Overall, whenever stunning motion graphics needs to be created, Adobe After Effects is a fantastic product and for a more basic animation programme, other free applications like Krita is an option. Likewise, if you wish to use a 3D-oriented program but don’t want to pay Adobe prices, an alternative is to download a powerful application called Blender which is a prevailing application and can do many of the same things as Adobe After Effects.

To conclude, Adobe After Effects remains one of the

The Art of Graphix

BY DEIDRE M BASTIAN

finest programmes for creating special effects and is widely used in the industry by professionals and hobbyists alike. Until we meet again, fill your life with memories rather than regrets.

Enjoy life and stay on top of your game.

NB: Columnist welcomes feedback at deedee21bastian@gmail.com ABOUT COLUMNIST: Deidre M. Bastian is a professionally-trained Graphic Designer/Brand Marketing Analyst, Author and Certified Life Coach with qualifications of A.Sc. B.Sc. and M.Sc. She has trained at institutions such as: Miami Lakes Technical Centre, Success Training College, College of The Bahamas, Nova Southeastern University, Learning Tree International, Langevine International and Synergy Bahamas.

THE TRIBUNE

Thursday, August 19, 2021, PAGE 3

Aliv in COVID-inspired demand for fibre services FROM PAGE ONE

system to more of a hybrid telephone system, which leverages the fibre network for people to be able to use their landline offices from wherever they might be, whether it is at home, they can be on the beach and they can still function like they were in the office.”

Underscoring how important the advancement of technology in The Bahamas has been towards driving

revenue and keeping businesses in contact with their clients, Aliv was able to “facilitate this transition” and provide the solutions needed to help organisations with what they were trying to accomplish.

“Then there are some organisations where we have to get really into the into the details of what it is that they need, and we can custom a solution… that involves some level of technology and some level of

SBDC exec says technology pivot successful for SMEs FROM PAGE ONE

“We saw a lot of pivoting… and we were very proud because they were able to keep themselves sustainable and survive ... and we were able to offer them funding to assist with that.

They were able to see what they needed to move and they did it,” said Ms Gomez.

“For the SBDC, it just so happened that this organisation actually played a very pivotal role during the

pandemic, because the government has recognised that the small business sector is really the backbone of our economy and the quicker that we can get the SMEs help and assistance to bounce back and to operate, the better it is for the overall economy.”

The SBDC is also leading by example on the technological pivot and introduced the “Zoho One” operating system for businesses where prospective and current

innovation,” said Mr Duncombe, particularly as it relates to businesses bringing goods and services to their customers as opposed to them coming to the business itself.

He added: “The more we talk to our customers the more we get to understand what it is they are trying to accomplish and not only now but in the future because people are saying that COVID-19 is going to be here forever, we need to understand how we can help organisations continue to thrive and succeed in this new normal that we find ourselves in today.” clients can access assistance from the agency without having to come in physical contact with a representative at any time.

“So if you need assistance, you can either send us a ticket, or email through Help Centre and then allow us to respond through an email or digitally that way,” said Ms Gomez.

“Technology was the key for us to be able to connect to all of the businesses because we have impacted 15 islands and so for us being in New Providence, for us to even be able to communicate, it was technology based and Zoho One allowed us to be at the centre of it all.”

Wholesaler warns of very expensive xmas FROM PAGE ONE the board and there just isn’t one item or group of items that’s being impacted.

The cost of raw materials is going up along with the cost

of freight, so I don’t see any discrepancy between those two in terms of costs going up.”

Refusing to predict how prices will look by the end of the year, Mr Higgs said that what BWA’s vendors

charges them is what will determine prices and right now they are just sitting back patiently waiting for things in the market to settle down past this COVID-19 pandemic.

CHAMBER CHIEF: ‘SHIP HAS SAILED’ ON ABACO REDESIGN FROM PAGE ONE think that ship has sailed. I think COVID-19 had everything to do with it,” said Mr Hutton.

In the event of another Category 5 hurricane hitting Central Abaco again, it is back to square one with properties. staying extremely vulnerable to flooding, Mr Hutton added: “What’s the definition of insanity? It’s doing the same thing over and over again and expecting a different result.”

Solomon’s on the move with Lucaya grand opening FROM PAGE ONE “We look forward to serving for many more; we are committed to the long-term success of the island and doing our part to achieve that success,” Watchorn said.

“We had our ups and downs here, and we shared the pains of hurricanes and economic challenges with our fellow GB’s. We experienced flooding, lost a roof or two and had a couple of fires, but every time our tremendous GB management team got on with the task of serving the people of GB. According to Watchorn, the remodel of Solomon’s Lucaya was delayed for two years due to Hurricane Dorian and COVID-19.

“This has been two years in the making. It was originally planned for September 2019, and Hurricane Dorian first caused us to pause the remodel. And, then we rescheduled it for mid-2020, and COVID-19 caused us to pause. Finally, we were excited again this Spring, and construction delays caused our delay,” he said.

The Solomon’ Lucaya location has undergone a complete makeover, with new flooring, LED lights, new paint, décor. The new cash registers and signage are expected to arrive next week, and they have expanded the product availability.

“I am confident of the changes we made, he said.

I am most excited to say we increased the products available by over 30 percent in our store. Our investment is $1m and we used GB contractors where possible for all the work. This comes on top of a recent $750,000 investment in our Cost Right store for a new air-condition system and relocation of our freeport store,” Watchorn explained.

“We are very excited about the relocation of our

Queens Highway store to downtown in March 2022.

Our QH location suffered tremendous loss during Dorian, and while some persons may have questioned whether we would ever reopen the store, our commitment to GB is never in doubt. We will be investing a further $3.5m to reopen the store and look forward to providing the residents of downtown and West GB the great experience they used to receive from our QH location. This store will be the first of our smaller footprint format and GBs will be the first to see this new concept,” he stated.

The CEO agrees with Minister Thompson that downtown location will act as a catalyst for further redevelopment of downtown Freeport. “We are looking forward to working with the government and the GB Port Authority to get other investors working in the downtown area to bring it back to the glory days. AML’s total investment of over $5m into GB is a sign of our confidence and long-term success of

this island and its people,” he stated.

They are expected to hire 40 plus employees for the new downtown location, according to Watchorn, who stated that AML currently employs 200 in GB. He indicated that priority will be given to all Grand Bahamians.

In terms of its assistance, he stated that AML has participated in the food programme assistance, support local groups, organisations, and NGOs, providing $100,000 annually in cash and in kind in GB. He announced that they are partnering with the GB Children’s Home by providing a donation of $30,000 over three years to support the needs of the home.

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PAGE 4, Thursday, August 19, 2021

THE TRIBUNE

Fed discussed pulling back on bond purchases later this year WASHINGTON Associated Press FEDERAL Reserve officials last month discussed the idea of beginning to dial back their extraordinary support for the US economy later this year, though they stopped short of a firm decision on a timetable.

The minutes of the Fed’s July 27-28 meeting, released yesterday, indicated that the economic recovery from the pandemic recession was moving closer to achieving the central bank’s goals on inflation and employment. As a result, the Fed is edging toward an announcement that it will begin paring the pace of its Treasury and mortgage

CHAIR JEROME POWELL

bond buying, which now amounts to $120bn a month.

These purchases have been intended to lower longerterm interest rates and encourage borrowing and spending.

“No decisions regarding future adjustments to asset purchases were made at this meeting,” the minutes said.

Still, most of the Fed officials at last month’s meeting “noted that, provided that the economy were to evolve broadly as they anticipated, they judged that it could be appropriate to start reducing the pace of asset purchases this year.”

At the same time, while economic progress is being made, the minutes noted that Fed officials expressed concern about the threat posed by rising COVID-19 cases stemming from the highly contagious Delta variant.

Participants noted “that the spread of the Delta variant may temporarily delay the full reopening of the economy and restrain hiring and labor supply,” the minutes said.

Based on the recent public comments of some Fed officials who favor a pullback soon in bond purchases, many economists have speculated that the central bank will announce in September a plan to begin tapering the bond buying later this year and wind it down over a period of months.

Analysts said they were more certain of such a timetable given the discussions revealed in the minutes released yesterday.

“Absent a significant reversal in the strong jobs numbers or inflation data, the minutes reflect a Fed that is prepared to accelerate its taper timeline to perhaps the next few months,” said Sean

Bandarian, an investment analyst for Cornerstone Wealth.

Andrew Hunter, senior US economist at Capital Economics, said he thinks the Fed will begin scaling back the bond purchases this year “rather than early next year as we had previously thought”.

Gus Faucher, chief economist at PNC Financial, said he foresees the Fed announcing at its meeting in early November that it will begin tapering its bond purchases in December.

Financial markets are monitoring the Fed’s deliberations because the officials are likely to conclude their bond-buying program before starting to raise their benchmark shortterm interest rate. That rate has been pinned near zero since the viral pandemic erupted in March 2020 and essentially shut down the economy.

After its July meeting, the Fed noted that the economy had made progress in achieving the central bank’s goals. That observation was seen as significant because the Fed has been saying since December that it wanted to see “substantial further progress” before starting to reduce its monthly bond purchases.

James Bullard, president of the Federal Reserve Bank of St Louis, has said he thought that the latest jobs report, which showed that a sizable 943,000 jobs were added in July, made clear that the economy was strengthening and no longer needed so much support from the central bank.

Some of the Fed’s policymakers have argued that the bond purchases are now serving mainly to drive up the prices of interestrate sensitive goods such as homes and cars. Home

prices have been rising at the fastest pace in nearly 20 years. Reducing the Fed’s bond purchases would mean less downward pressure on long-term rates and, at least in theory, higher rates on some business and consumer loans.

The minutes noted that several Fed officials argued for reducing the $40bn in monthly purchases of mortgage bonds more quickly than the $80bn in monthly purchases of Treasurys. The Fed said these officials noted that the “housing sector was exceptionally strong” and didn’t need the support the central bank was providing.

With inflation surging in recent months, the Fed has come under criticism from some members of Congress for continuing the bond purchases while also keeping its benchmark short-term interest rate pinned near zero.

Besides Bullard, Fed officials who have suggested that the central bank should begin tapering the bond purchases this fall include Eric Rosengren, president of the Federal Reserve Bank of Boston, Robert Kaplan of the Dallas Fed, Raphael Bostic of the Atlanta Fed and Christopher Waller, who serves on the Fed’s influential board in Washington.

Still, in their most recent remarks, Chair Jerome Powell and some other Fed officials have expressed a preference for a slower timetable to allow the job market to show further improvement. One such official, Lael Brainard, a Fed board member, has said she still wants to see jobs and inflation data for the month of September to gauge how much progress the economy has made. That data won’t be available until October.

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THE TRIBUNE

Thursday, August 19, 2021, PAGE 5

US stocks take a late turn lower, marking 2nd straight loss Associated Press STOCKS fell broadly on Wall Street yesterday, adding to losses in the market a day after the S&P 500 had its biggest drop in four weeks.

The benchmark index fell 1.1%, its second straight loss coming off a five-day winning streak. The selling accelerated in the final hour of trading, with the S&P 500’s technology, health care, financial and industrial companies weighing down the index the most.

Only the index’s consumer discretionary sector, which includes a mix of companies that rely on consumer spending, rose as investors bid up shares in Lowe’s and other big retailers that reported better-than-expected quarterly results. Even so, the S&P remains near its all-time high set on Monday.

The market didn’t react much initially to the afternoon release of the minutes from the Federal Reserve’s latest policy meeting, which confirmed that central bank policymakers have made no firm decision about when to start unwinding their support measures for the

economy, which has been steadily recovering from the pandemic recession.

The surge this summer of virus cases because of the highly contagious delta variant now hangs over the broader market and is blurring the view on the economy’s continued recovery. The path of the virus and its impact on consumer spending and job growth could be a factor in the Fed’s decision making.

“We’re having a pretty cautious week for the most part,” said Chris Zaccarelli, chief investment officer for Independent Advisor Alliance. “A lot of the people who were optimistic that reopening would happen quickly are obviously disappointed, but we’re looking at what’s happening with the delta variant as more of a setback, not a change in direction.”

The S&P 500 index fell 47.81 points to 4,400.27.

The Dow Jones Industrial Average slid 382.59 points, or 1.1%, to 34,960.69. The Nasdaq composite lost 130.27 points, or 0.9%, to 14,525.91.

Small company stocks also fell, sending the Russell

2000 index down by 18.39 points, or 0.8%, to 2,158.78.

The yield on the ten-year Treasury note rose to 1.27% from 1.25% late on Tuesday.

The minutes from the Federal Reserve’s policy meeting last month, released at 2pm Eastern, showed that Fed officials discussed the idea of beginning to taper the Fed’s extraordinary support for the US economy later this year, though they stopped short of a firm decision on a timetable.

They also concluded that the economic recovery from the pandemic recession was moving closer to achieving the central bank’s goals on inflation and employment. As a result, the Fed is edging toward an announcement that it will begin paring the pace of its Treasury and mortgage bond buying, which now amounts to $120bn a month.

These purchases have been intended to lower longerterm interest rates and encourage borrowing and spending.

Investors are monitoring the Fed’s deliberations because the officials are likely to conclude their bond-buying programme

ASIAN STOCK MARKETS REBOUND AFTER WALL ST FALLS FROM RECORD BEIJING Associated Press ASIAN stock markets rebounded yesterday after Wall Street fell on weak retail sales as investors awaited an update from the Federal Reserve on possible plans to reduce US stimulus.

Shanghai, Tokyo, Hong Kong and Sydney advanced.

Wall Street’s benchmark S&P 500 index declined Tuesday from a record high after US retail sales in July were weaker than expected.

Investors watched for the Fed’s release yesterday of minutes from its July policy meeting for an update on when the central bank might start reducing bond purchases that pump money into the financial system and look at raising interest rates.

Some Fed officials, citing strong hiring growth and rising inflation, say policy normalisation should start soon.

Others argue the Fed needs to see stronger economic data to be sure a recovery is established.

“Overall, there seems to be

an absence of positive catalysts to boost sentiments,” said Yeap Jun Rong of IG in a report. “Market sentiments may thus largely remain on hold, with the upcoming Fed minutes on watch next.”

Also yesterday, Japan reported July exports were flat.

The Shanghai Composite Index gained 0.3% to 3,469.43 and the Nikkei 225 in Tokyo added 0.6% to 27,591.53. The Hang Seng in Hong Kong was 0.4% higher at 25,930.80.

The Kospi in Seoul advanced 0.8% to 3,169.01 and Sydney’s S&P-500 added less than 0.1% to 7,532.90.

New Zealand, Singapore and Bangkok advanced while Jakarta declined.

On Wall Street, the S&P 500 lost 0.7% to 4,448.08 for its biggest decline in four weeks amid signs the coronavirus is holding back the US economy.

The Dow Jones Industrial Average lost 0.8% to 35,343.28. The Nasdaq composite dropped 0.9% to 14,656.18.

Technology and consumeroriented stocks declined as concern about the virus’s

impact on the economy grew.

Health care stocks advanced.

Selling kicked off after the Commerce Department said US retail sales fell at a seasonally adjusted rate of 1.1% in July, more than forecasters expected. That followed a poor customer sentiment survey on Friday.

Major indexes had been trading at record highs on a mix of confidence from investors and friendly monetary policy from the Federal Reserve. Analysts still expect economic growth, but sentiment is becoming more cautious on the pace.

In energy markets, benchmark US crude gained seven cents to $66.66 per barrel in electronic trading on the New York Mercantile Exchange.

The contract fell 70 cents on Tuesday to $66.59. Brent crude, the price basis for international oils, advanced seven cents to $69.09 per barrel in London. It fell 48 cents the previous session to $69.03 a barrel.

The dollar was littlechanged at 109.58 yen. The euro gained to $1.1720 from $1.1711.

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•Install and configure local area data communications networks which may carry and video communications following organization standards. data, voice PRIMARY RESPONSIBILITIES:

• Install, operate and maintain network services, routers, concentrators, hubs, switches, modems and other network devices following technical plans • Install and configure local area data communications networks which may carry data, voice and video communications following organization standards.

•Install or repair Windows computers with standardized applications and networking • Install, operate and maintain network services, routers, concentrators, hubs, software, diagnosing and solving problems that develop in their operations switches, modems and other network devices following technical plans • Install or repair Windows computers with standardized applications and •Resolve network communications problems to ensure user’s access networking software, diagnosing and solving problems that develop in their operations •Diagnose and treat incidents • Resolve network communications problems to ensure user’s access • Diagnose and treat incidents •Write procedures and various technical documents • Write procedures and various technical documents • Install hardware and software systems •Install hardware and software systems • Maintain &/or repair equipment

• Troubleshoot a variety of computer issues •Maintain &/or repair equipment • Configure computer networks

• Offer technical support on-site or via phone or email •Troubleshoot a variety of computer issues

•Configure computer networks Qualified candidates must have:

•Offer technical support on-site or via phone or email • Proven work experience in IT support and IT technician roles

• In-depth knowledge of Windows operating systems and PC configuration rollouts

Qualified candidates must have: • In-depth knowledge and capability of intranet wiring and fault diagnosis skills

• Practical experience with internet connectivity, firewalls and network security

•Proven work experience in IT support and IT technician roles protocols • Good problem-solving skills

•In-depth knowledge of Windows operating systems and PC configuration rollouts • Good organisational and interpersonal skills • The ability to work with all levels of employees with varying demands

•In-depth knowledge and capability of intranet wiring and fault diagnosis skills

•Practical experience with internet connectivity, firewalls and network security protocols •Good problem-solving skills •Good organisational and interpersonal skills •The ability to work with all levels of employees with varying demands

Interested persons mayParadise Games Ltd., a leading Gaming House Operator in The Bahamas is seeking to submit their resume to careers.paradisegames@gmail.com on or employ the following: before Wednesday August 25th, 2021. We wish all applicants success in their job search Senior IT Field Technician however only shortlisted candidates will be contacted. Absolutely no phone calls accepted.

The Senior IT Field Technician will install and configure computer workstations and local area networks, operate them, monitor their performances, diagnose and solve their problems.

PRIMARY RESPONSIBILITIES:

before starting to raise their benchmark shortterm interest rate. That rate has been pinned near zero since the viral pandemic erupted in March 2020 and essentially shut down the economy.

Wall Street’s biggest worry is that the Fed will end its easy money policies earlier than expected to combat inflation, which would put some drag on the US economy in its recovery.

Investors will be looking for more clues as to the Fed’s moves next week, at the

central bank’s annual conference in Jackson Hole, Wyoming.

Beyond watching the Fed, investors sized up quarterly report cards from retailers, which are among the last industries to issue results this earnings season.

Lowe’s Cos jumped 9.6% for the biggest gain in the S&P 500 after the home improvement chain gave investors a strong sales forecast. TJX Cos rose 5.6% after the parent of TJ Maxx, Marshalls and other stores beat analysts’

second-quarter profit and revenue forecasts.

The surprisingly aggressive spread of the delta variant has prompted US health officials to recommend COVID-19 booster shots to all vaccinated Americans, though the overall plan awaits a Food and Drug Administration evaluation of the safety and effectiveness of a third dose. Makers of COVID-19 vaccines were down following the news. Pfizer slipped 2.2% and Moderna fell 0.8%.

PAGE 6, Thursday, August 19, 2021

THE TRIBUNE

OLD NAVY INTEGRATES ITS PLUS-SIZE WOMEN’S BUSINESS woman wears a size 16 to 18.

Sales of plus-size women’s and men’s clothing hit $27bn in 2019, up from $19.9bn in 2012, according to GlobalData. Women’s plus-sizes accounts for 19% of total women’s clothing in the US for the 12 months ending May, according to NPD’s Consumer Tracking Service. That’s up one percentage point from the same time last year.

Old Navy first started offering a limited plus-size collection in 2004. In 2018, it

launched plus-size shops in 75 US stores.

But it realised it needed to go deeper. To reinvent the design process, it did body scans of 389 women to create digital avatars based on real women’s bodies and ran fit clinics. It also examined every design detail like pocket placement.

Old Navy is also integrating its design process for both standard and larger sizes; previously, there were two teams. Company executives say they’re sharing their knowledge with

Gap and Banana Republic teams. Another division, Athleta, has been prominently displaying its designs on full-figure mannequins.

Saunders of GlobalData Retail, says the price disparity between standard sizes and large sizes — anywhere between 5% to 15% by his estimates — is no longer a common practice at stores.

Analysts say the reason for the gap is because of economies of scale, since it costs more to produce a smaller collection. Also, more material is involved.

PEDESTRIANS pass the Old Navy store in the Downtown Crossing shopping area in Boston. Gap’s low-price division Old Navy is overhauling its approach to how it designs and markets to plus-size women, a growing demographic that many analysts say has been underserved. Starting tomorrow, Old Navy will be offering every one of its women’s styles in all sizes with no price difference.

Photo: Charles Krupa/AP NEW YORK Associated Press GAP Inc’s low-price division Old Navy is overhauling its approach to how it designs and markets to plus-size women, a demographic that many analysts say has been underserved.

Starting tomorrow, Old Navy will be offering every one of its women’s styles in all sizes with no price difference. That means sizes 0-28 in stores and up to size 30 online.

The 1,200-store chain will also be displaying its large sizes together with the standard sizes on the floor. The fashions will be displayed on mannequins in sizes four, 12 and 18.

Online, the chain is merging its plus size and standard sizes together, with models appearing in all three sizes.

The moves, announced yesterday, are expected to help Old Navy reach $10bn in annual sales by 2023, up from $8bn in 2019, company executives said.

Old Navy joins Target, Nordstrom and others, which over the past few years have been adding

more plus-size offerings, and many are integrating them next to standard sizes.

They’re also adding fullersize mannequins on the selling floor and showing more plus-size models in their marketing.

Still, the common practice for department stores and other retailers is to have separate areas for plus sizes, but they also devote separate sections for petite sizes, says Neil Saunders, managing director of research firm GlobalData Retail.

Walmart, for instance, has a separate plus-size shop on its apparel floors.

Over the years, retailers have expanded their offerings to cater to plussize women. But analysts believe the commitment vacillated and stores never made this customer base feel part of the shopping experience, often leaving them out of marketing materials.

Analysts believe this time around, the push will be long term as they’re under pressure from shoppers to be more inclusive. Clothing retailers are increasingly struggling to attract

customers and are looking for new opportunities to pump up sales.

“We have entered at a time when inclusion finally expands beyond race, nationality and income level,” said Marshal Cohen, chief industry advisor at NPD Group. “It includes sizes. We have finally gotten there.”

“For too long, too many women have not been included in the retail industry. That means if you were a size 16 or 18, which is the average size of a woman in America, you had very limited choice,” said Alison Partridge Stickney, head of women’s merchandising at Old Navy. “We knew there was opportunity to do more.”

The International Journal of Fashion Design, Technology and Education published a study in 2016 that the average American

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Passionate, Results Oriented, Ability to Work in a High Pressure Environment, Driven to Succeed If you possess these qualities, we invite you to apply for the position of

OPERATIONS SUPERVISOR

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Only persons shortlisted will be contacted

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The successful candidate will be responsible for assisting the Financial Centre Manager with customer service, operations and logistics, as well as providing non-credit banking services to clients of the Financial Centre. The primary role will be cash management, training and supervision of tellers, maintenance of premises and equipment, security administration and of special assignments as required.

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Job Summary:

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HUMAN RESOURCES Re: Operations Supervisor 51 Frederick Street P.O. Box N-4853 | Nassau | F: 328.1108

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A competitive compensation package will be commensurate with relevant experience and qualification.

4 You will need at least 10 minutes rest after donating blood.

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Thursday, August 19, 2021, PAGE 7

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An entrepreneurial spirit, original thinking, and a passion to succeed.

If you have it, we want you.

Fidelity Bank invites applications for the position of:

GRAPHIC DESIGNER Duties & Responsibilities: Reporting to the Marketing manager, this person will provide support to the Marketing Department, by assisting with all aspects of graphic communications. including print production, video shoots and conference event support.

Qualifications: • • • • • • • • • • • •

Associate degree in Graphic Design Proficient in Adobe suite of products Proficient in both Mac/PC platform Working knowledge of Java Script, PHP, HTML, Flash and web design Strong artistic and technical skills in design and layout Ability to handle multiple projects in a fast pace environment Strong print production skills Social media skills Organized and disciplined Knowledge of video production/video editing Excellent oral and written communication skills Personable and team player

Requirements: • • • • • • •

Assisting the marketing team with various projects and special assignments Researching, designing, and maintaining promotional materials and tools to support the company’s image, design standards, brand and marketing initiatives Graphic log upkeep Management of promotional inventory Website maintenance Marketing event assistance Social media content

PLEASE SUBMIT BEFORE August 20th, 2021 to:

HUMAN RESOURCES Re: Graphic Designer careers@fidelitybahamas.com

ABSOLUTELY NO PHONE CALLS

A competitive compensation package will be commensurate with relevant experience and qualification. Fidelity appreciates your interest, however, only those applicants short listed will be contacted.

PAGE 8, Thursday, August 19, 2021

THE TRIBUNE

Pandemic fiction: Fall books include stories of the virus NEW YORK Associated Press

NEAR the end of 2020, the pandemic had lasted long enough for author Jodi Picoult to try something that seemed unthinkable for novelists in its early stages — turn it into fiction.

“At the beginning of the pandemic, I couldn’t even read, much less write. I didn’t have the focus,” says Picoult, who last November began the novel “Wish You Were Here”. The fall release is set in New York and the Galapagos during the first two months of the pandemic, March-May of last year.

“I couldn’t find myself in my own life; writing the book was therapeutic,” she added. “I finished a draft in February, very quickly. And the whole time it was going on, I was talking to friends of mine, telling them, ‘I don’t know if this is going to work.’ But I had very positive responses and feel that, unlike almost any other topic, I have written a book about this one experience that everyone on the planet has lived through.”

From wars to plagues to the Sept 11 attacks, the literary response to historic tragedies has been a process of absorbing trauma — often beginning with poetry and nonfiction and, after months or years, expanding to narrative fiction. The pandemic has now lasted into a second fall season for publishing, and a growing number of authors, among them Picoult, Louise Erdrich, Gary Shteyngart and Hilma Wolitzer, have worked it into their latest books.

Shtyengart’s “Our Country Friends” features eight friends who gather in a remote house as the virus spreads, a storyline for which he drew upon Chekhov and other Russian writers, and upon Boccaccio’s 14th century

classic “The Decameron.”

Amitava Kumar’s “A Time Outside This Time” tells of an Indian-American author working at an artists retreat and trying to make sense of President Donald Trump, 24-hour media and an equally relentless virus.

Kumar began the book before the pandemic, but found it fit well — too well — into an existing wave of misinformation, “fake news”, reaching from the US to his native India.

“The Indian Prime Minister was asking people to bang their plates and pots at a certain hour; people in his conservative party were touting the powers of cow dung and cow urine,” he says. “A minister of health said that the rays of the sun would build immunity. So, I was thinking, what exactly is the work a novel can do in the time of the novel coronavirus?

“I’m telling you all this because I wasn’t at all in doubt about mentioning the pandemic — I didn’t think it could be avoided.”

Erdrich’s “The Sentence”, her first since the Pulitzer Prize-winning “The Night Watchman”, centres on a Minneapolis bookstore in 2020 and the city’s multiple crises, from the pandemic to the murder of George Floyd. Like Kumar, Erdrich had the original idea — a haunted bookstore — well before the virus spread.

“By the end, I realised that although we might want to forget parts of 2020, we should not forget,” she wrote in a recent email.

“Obviously, we can’t forget.

We have to use what we learned.”

Wolitzer’s “The Great Escape” is a new story in her collection “Today a Woman Went Mad in the Supermarket”, which includes a foreword by “Olive Kitteridge” author Elizabeth Strout. “The Great Escape” is the first work of short fiction in years by Wolitzer,

THIS combination of book cover images shows cover art for upcoming releases. known for such novels as “The Doctor’s Daughter” and “An Available Man”.

The 91-year old author lost her husband to the virus, and drew upon her grief as she updated characters from previous stories, the married couple Howard and Paulette.

“I found it cathartic,” Wolitzer says. “I wrote it in a week and I couldn’t stop writing about it. The images about what had happened to us kept coming up and I felt like I had to use them.”

MORE NEW FICTION Fiction this fall will also include works from Jonathan Franzen, Sally Rooney, Lauren Groff, Colm Toibin and Strout, and from four of the past six winners of the fiction Pulitzer Prize: Erdrich, Richard Powers, Colson Whitehead and Anthony Doerr.

“Silverview” is a posthumous release from John le Carre, who died last year.

Gayl Jones’ “Palmares” is her first novel in more than 20 years, and Nobel laureate Wole Soyinka’s “Chronicles from the Land of the Happiest People on Earth” is the Nigerian playwright’s first novel in nearly 50 years.

Fiction also is expected from Percival Everett, Anita Kopacz, Atticus Lish and Amor Towles, and debut novelists ranging from Honorée Fanonne Jeffers and Wanda M Morris to the already famous Hillary Clinton, who has teamed with Louise Penny on the thriller “State of Terror”.

“There’s a very full list of books coming up. We’ve had a very good year in sales so far and I see that only strengthening in the autumn,” says Barnes &

MARKET REPORT www.bisxbahamas.com

WEDNESDAY, 18 AUGUST 2021

BISX ALL SHARE INDEX: BISX LISTED & TRADED SECURITIES 52WK HI 6.50 33.95 1.62 2.90 1.67 6.00 7.50 3.60 6.01 3.77 6.16 11.26 2.71 8.25 11.06 10.08 14.31 4.10 9.08 16.00

52WK LOW 3.50 22.65 1.46 1.62 1.35 5.00 6.00 2.80 4.25 2.47 5.00 9.75 2.10 5.50 9.50 8.35 13.00 3.42 8.00 15.20

1.00

1.00 1000.00 1000.00 1000.00 1000.00

1.00 10.00 1.00

1.00 10.00 0.90

52WK LOW 100.00 100.00

%CHANGE

YTD

YTD%

2068.32

58.94

2.93

-24.14

-1.15

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

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

BFHP CAB6 CAB8 CAB9 CAB10 CHLA FBBA FCLB

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

CHANGE

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

PREFERENCE SHARES 1000.00 1000.00 1000.00 1000.00

CLOSE

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

SYMBOL FBB22 BFHB

BAHAMAS GOVERNMENT STOCK - (percentage pricing) 115.92 100.00 100.00 100.00 100.00 100.00 100.00 102.00 100.31 100.00 100.00 97.72 100.00 100.62 100.70

104.79 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.04 93.68 94.12 93.92 91.69 100.62 100.46

MUTUAL FUNDS 52WK HI 2.43 4.47 2.17 202.18 190.86 1.70 1.81 1.78 1.07 8.75 10.46 7.40 15.99 12.72 10.39 10.00 10.43 14.89

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

Bahamas Note 6.95 (2029) BGS: 2014-12-7Y BGS: 2015-1-7Y BGS: 2014-12-30Y BGS: 2015-1-30Y BGS: 2015-6-7Y BGS: 2015-6-30Y BGS: 2015-10-7Y BGRS FL BGRS81037 BGRS FX BGR121138 BGRS FX BGR118037 BGRS FX BGR120037 BGRS FX BGR124238 BGRS FL BGRS77024 BGRS FL BGRS79026

BAH29 BG0107 BG0207 BG0130 BG0230 BG0307 BG0330 BG0407 BSBGRS810375 BSBGR1211386 BSBGR1180375 BSBGR1200371 BSBGR1242381 BSBGRS770249 BSBGRS790262

LAST CLOSE 6.48 39.95 1.60 2.39 1.37 6.00 7.50 3.25 5.40 2.87 5.95 10.00 2.32 8.25 11.49 10.08 14.09 3.99 8.93 15.50 1.00 1000.00 1000.00 1000.00 1000.00 1.00 10.00 1.00 LAST SALE 100.00 100.00 107.31 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.05 100.00 100.00 97.04 100.00 100.62 100.72

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

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

CLOSE 6.48 39.95 1.60 2.39 1.37 6.00 7.50 3.25 5.40 2.92 5.95 10.99 2.31 8.25 11.46 10.08 14.09 3.99 8.93 15.50 1.00 1000.00 1000.00 1000.00 1000.00 1.00 10.00 1.00

CHANGE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.00 0.99 (0.01) 0.00 (0.03) 0.00 0.00 0.00 0.00 0.00

VOLUME

25,000 5,090

100

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

CLOSE 100.00 100.00

CHANGE 0.00 0.00

107.31 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.05 100.00 100.00 97.04 100.00 100.62 100.72

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

(242) 323‐2330 (242) 323‐2320 EPS$ 0.239 0.932 0.000 0.110 0.070 1.760 0.369 -0.438 0.140 0.184 0.449 0.722 0.102 0.467 0.646 0.728 0.816 0.203 0.939 0.631 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

VOLUME

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

INTEREST Prime + 1.75% 6.25% 6.95% 4.50% 4.50% 6.25% 6.25% 4.50% 6.25% 4.25% 4.87% 5.24% 5.22% 5.22% 5.06% 4.50% 4.53%

NAV 2.43 4.47 2.17 202.18 190.86 1.70 1.76 1.77 1.04 8.75 10.46 7.40 15.99 12.72 10.39 N/A 10.43 14.89

YTD% 12 MTH% 1.85% 4.26% 0.77% 1.44% 1.14% 2.84% 0.14% 5.02% 3.25% 31.13% 1.37% 1.52% -2.05% -2.21% 0.36% 0.76% -1.28% -2.30% 3.13% 5.76% 4.29% 7.07% 1.70% 3.85% 14.99% 38.64% -1.20% -0.36% 3.43% 0.76% N/A N/A 3.00% 25.60% 7.90% 48.70%

P/E 27.1 42.9 N/M N/M N/M N/M 20.3 -7.4 38.6 15.9 13.3 15.2 22.6 17.7 17.7 13.8 17.3 19.7 9.5 24.6 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

YIELD 2.62% 3.15% 1.25% 1.26% 0.00% 0.00% 3.47% 0.00% 0.00% 4.11% 3.70% 6.55% 18.79% 0.73% 2.86% 2.38% 3.83% 3.01% 2.24% 3.94% 0.00% 0.00% 0.00% 0.00% 0.00% 6.25% 7.00% 6.50%

MATURITY 19-Oct-2022 30-Sep-2025 20-Nov-2029 15-Dec-2021 30-Jul-2022 15-Dec-2044 30-Jul-2045 26-Jun-2022 26-Jun-2045 15-Oct-2022 26-Jul-2037 23-Feb-2038 13-Oct-2037 15-Dec-2037 13-Jul-2038 4-May-2024 28-Mar-2026

NAV Date 31-May-2021 31-May-2021 28-May-2021 31-Mar-2021 31-Mar-2021 30-Jun-2021 30-Jun-2021 30-Jun-2021 30-Jun-2021 30-Jun-2021 30-Jun-2021 30-Jun-2021 30-Jun-2021 30-Jun-2021 30-Jun-2021 31-Mar-2021 31-Mar-2021 31-Mar-2021

YIELD - last 12 month dividends divided by closing price Bid $ - Buying price of Colina and Fidelity Ask $ - Selling price of Colina and fidelity Last Price - Last traded over-the-counter price Weekly Vol. - Trading volume of the prior week EPS $ - A company's reported earnings per share for the last 12 mths NAV - Net Asset Value N/M - Not Meaningful

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

Noble CEO James Daunt.

POETRY Inaugural poet Amanda Gorman has two books out this fall, the picture story “Change Sings” and the poetry collection “Call Us What We Carry”. Louise Glueck’s “Winter Recipes from the Collective” is her first poetry book since winning the Nobel Prize last year, and new works also are expected from Pulitzer Prize-winners Paul Muldoon, Frank Bidart and Tracy K Smith, and from Kevin Young, Amanda Moore and Mai Der Vang.

MEMOIRS Muldoon also assisted on one of the fall’s most anticipated memoirs: Paul McCartney’s “The Lyrics: 1956 to the Present,” a $79 double volume which the Irish poet helped edit.

Hillary Clinton’s longtime aide and former Rep. Anthony Weiner’s estranged wife, Huma Abedin, has written “Both/And”, and #MeToo pioneer Tarana Burke tells her story in “Unbound”.

Others with memoirs coming include Katie Couric, Jamie Foxx, James Ivory, Steve Van Zandt, Dave Grohl, Robbie Krieger and two basketball greats, Dwyane Wade and Carmelo Anthony.

POLITICS Summer bestseller lists included such Trumprelated works as “I Alone Can Fix It”, and this fall will test the continued appeal

of stories about the former president, with new work coming from Bob Woodward and Washington Post colleague Robert Costa (“Peril”), and from ABC News correspondent Jon Karl (“Betrayal”).

Former national security official Fiona Hill, a key witness during Trump’s first impeachment trial, for pressuring Ukraine leaders to investigate then-candidate Joe Biden, tells her story in “There Is Nothing for You Here”. Former New Jersey Gov Chris Christie’s “Republican Rescue” is an attack on his party’s conspiracy theories, including that the election was stolen from Trump, the contention of Mollie Hemingway’s “Rigged: How the Media, Big Tech, and the Democrats Seized Our Elections”.

One political genre is largely absent: Books by the opposition to a sitting president, a lucrative business during several previous administrations. Conservative books have a large audience; right-wing commentator Mark R Levin’s “American Marxism” has sold hundreds of thousands of copies this summer. But publishers and booksellers struggled to name any upcoming works centered on criticism of President Biden.

“The focus continues to be on Trump,” says Mark Laframboise, a buyer for the Politics & Prose bookstore in Washington, DC. Thomas Spence, publisher of the conservative Regnery Publishing, said his company had profited well from books about President Bill Clinton and President Barack Obama, but was not even seeing proposals about Biden. Hemingway’s “Rigged” is one of Regnery’s major fall releases.

“Conservatives don’t worry about him personally. They’re worried about the policies he’s pursuing,” Spence says. “And that is so different from the Clinton and Obama years when Regnery sold mountains of books criticising both of those presidents.”

HISTORY Debate over the meaning of the country’s founding continues with works by Pulitzer-winners Gordon Wood and Joseph Ellis, along with Woody Holton’s 700-page “Liberty Is Sweet: The Hidden History of the American Revolution”, endorsed by Wood and by an author he has otherwise disagreed with, “1619 Project” creator Nikole Hannah-Jones.

NOTICE

NOTICE is hereby given that ANNE DOMINQUE JOSEPH, of Sandilands Village, Nassau, The Bahamas 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 12th day of August, 2021 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

THE TRIBUNE

Thursday, August 19, 2021, PAGE 9

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RIll THE TRIBUNE SCAB SHOW The Sunshine Puzzle has been FOR YOUR CHANCe TO WIN £10 TApea firm favourite with readers of the Express for many years. all you need to doTApS is find the correct home for the listed words. We have ACROSS helped you by placing two. Here are the words that go into the grid: 1 Soldier, woman, with directio ACeTATe to place of happiness (8) COW CITADel 5 Take in some labs or beagles eMU 10 Senior politician getting taxi DIplOMA DX1ST L ofLthe Bell filmB withE member INeXACT clergy (7,8) BevY D leCTeRN 11 One left by large loch making CUSS NUCleAR complaint (7) FRee 12 A loud father on time getting peN pAlS IOTA insult (7) SAWDUST CARPE DIEM 13 Unusual thing dim when it’s 1 lAWN SeASIDe o’clock The Sunshine Puzzle has been of the Express for many FOR YOUR CHANCe TO WIN £100 CASH read (8) down the letters in the h lIST a firm favourite with readers 15 Repeated broadcast about years. all you need to dopARe is find the correct home SOlDIeR for the listed words. We For have today’sACROSS 1181 2584 2 3 solution call: 0907 race (5) ABOMINATe helped you by placing two. Here are the words that go into the grid: *Calls cost 80p per 1 minute Soldier,plus woman, with directions your telephone company’s RANk 18 network Interior access of pubcharge. shown with CHAMOMIle C O W to place of happiness (8) COW hesitation (5) RIll lAST SOlUTION 5 Take SATURDAY’S in some labs or beagles (6) evANeSCeS 20 Adventure for a driver origin eMU 10 SCAB 10 Senior politician getting taxi in ACROSS Academy, Bending, Troop, Universal, Overnight, Large,(8) peNURIOUS involved in getaway Bell film with member of the SHOW Suspected, Sunny, Lands, Reporters, Steep, Knowledge, Orchestra, 23 First to talk about a boy’s DOUBle-BARRelleD clergy (7,8) BevY betrayalExpense, (7) Award, Systems, Sweater. DOWN Actions, Arose, TApe MARSHAllING YARD 11 One left by large loch making 25 Remarkable CUSS occurrence invol 11 Youngster, Built, Needles, Insurance, Gallery, Sentences, Diplomats, TApS complaint (7) pICTURe pOSTCARD a class covered in mud (7) FRee Lessons, Supreme, Release, Slender, Kites, Draft.

ACeTATe 12 A loud father on time getting 26 Award for making anxious pe pROFeSSIONAlISM IOTA insult (7) CITADel cope in blaze (5,5,5) 13 Unusual thing dim when it’s 12 27 Object used 13 lAWN by upstart about DIplOMA THe DAIlY eXpReSS 30-SeCOND CHAlleNGe o’clock (8) B E L L stand (6) lIST INeXACT Repeated broadcast =about TODAY’S ANSWeRS: BEGINNEr 15 = 28; INTErMEdIaTE 26; adVaNCEd 17= 24.

28 Carry on once unit is replace pARe race (5) leCTeRN MARVIN 18 19 RANk 18 Interior of pub shown with NUCleAR C O W hesitation (5) DOWN RIll peN pAlS 20 Adventure for a driver originally 1 Photo, mostly pleasant, show SCAB SAWDUST involved in getaway (8) outdoor meal24(6) 23 SHOW 23 First to talk about a boy’s SeASIDe 1 2 3 4 5 6 7 8 9 10 2 Rile noble ruining revolution betrayal (7) TApe 1 x Battleship SOlDIeR 3 First to discover one gun 25 occurrence involving damaged in underground cel TApS 2 Remarkable A ABOMINATe a class covered in mud (7) *Calls cost 80p per minute plus your telephone company’s network access charge. of noteworthy 26 ACeTATe 2 x making Cruiser anxious peer4 Locations CHAMOMIle 26 2 Award for B features, we hear (5) CITADel lAST SATURDAY’S SOlUTION cope in blaze (5,5,5) evANeSCeS 6 Shorter barrister seen with t 27 by upstart about to queen (7) DIplOMA ACROSS Academy, Bending, Troop, Universal, Overnight, Large, 3used x destroyer peNURIOUS 4 Object C B E L L Steep, Knowledge, stand (6) Orchestra, 27 INeXACT Suspected, Sunny, Lands, Reporters, 7 Old-fashioned party top (5) DOUBle-BARRelleD 28 Carry on once unit is replaced (8) 1 D 8 Singer excluding one note (8 Award, Systems, Sweater.

DOWN Actions, Arose, Expense, leCTeRN 4 x Submarine MARSHAllING YARD 9 TO Huge performance - one Youngster, Built, Needles, Insurance, Gallery, 0Sentences, Diplomats, NUCleAR ENTER: Call 0904 161abo 37 pICTURe pOSTCARD E to includefollowed worker (8) lAST SATURDAY’S DOWN DXCRUS by a spac Lessons, Supreme, Release, Slender, Kites, Draft. peN pAlS SOlUTION pROFeSSIONAlISM 14 84915.

Island guy seen excitedly Calls cost £1.50 plu 15 Photo, mostly pleasant, showing welcoming F SAWDUST royal (8)£1.50 plu charge. Texts cost outdoor meal (6) 16 Price cut for different curd, y HOW many words of SeASIDe midnight tonight.

Or send HAGAR THE HORRIBLE THe DAIlY eXpReSS 30-SeCOND CHAlleNGe 2 1 Rile noble ruining revolution (9) G I note (9)byor squares posting it to: Crus four letters more SOlDIeR 3 First = to24. discover one gun TODAY’S ANSWeRS: BEGINNEr = 28; INTErMEdIaTE = 26; adVaNCEd 17 Coldfield Meagre allowance breadmu B73 from 9BT. of Entries can you make the damaged in underground cell (7) ABOMINATe 1 H originally not cheap Spoke – 0333 202 3390. For *Calls cost 80p per minute plus your telephone company’s network access charge.

4 Locations of noteworthy letters shown here?

CHAMOMIle everywhere (8) ● The winner will be the firs features, we hear (5) 4 I In a word, each 19making Cattle thief in street interrup routes after the closing date lAST SATURDAY’S SOlUTION evANeSCeS 6 Shorter barrister seen with theletter may be governor (7) used once ACROSS Academy, Bending, JTroop, Universal, Overnight, Large, peNURIOUS queen (7) 0 21 NeeD Soldier with domestic animal EachHelp? must contain Call 0904 16 Suspected, Sunny, Lands, Reporters, Steep, Knowledge, Orchestra, 7 Old-fashioned party top (5) only.

DOUBle-BARRelleD finding low wall (7) 2 3 4 5 6 7 8 9 10 1 Calls cost £1.50 plus your te the centre letter and 3 Actions, 2 1 3Arose, 2 1 Expense, 1 4 2 0 8 Singer excluding one note (8) 22 It’s extreme, as always, in the Award, Systems, Sweater. DOWN MARSHAllING YARD x2Battleship must be at least 9 Huge performance - one aboutthere NaME Youngster, Built, Needles, Insurance, Gallery, Sentences, Diplomats, Kent area (6) 2 of ships shown is hidden in the grid.

A pICTURe pOSTCARD FINd where the fleet The numbers to to include worker (8) one nine-letter word.Europea No 24 Bishops interrupting Lessons, Supreme, Release, Kites, Draft. addrESS the rightSlender, of and below the grid indicate how many14 of the squares in that row pROFeSSIONAlISM 2 x Cruiser Island guy seen excitedly plurals or verb forms journalist having declined (5) 2 B are filled in with ships or parts of ships. The ships do welcoming not touch each royal other, (8) 25 Manly ingraduate “s”. about to get even diagonally. have been filled in16 to start off.different curd, ending Price you cut for 3 x destroyer THe DAIlY eXpReSS 30-SeCOND CHAlleNGe house (5) 4Some squares C

THe SUNSHINe pUZZle

PAGE 10, Thursday, August 19, 2021

THe SUNSHINe pUZZle

JUDGE PARKER

CRUSADe

CRUSADeR CROSSW

BATTleSHIpS

BLONDIE

TARGeT

FWY aNO KCr

For today’s solution call: 0907 181 2584

TIGER

For today’s solution call: 0907 181 2584

BATTleSHIpS

TARGeT

FWY aNO SMAll CROSSWORD SMAll CROSSWORD KCr TARGeT TH FWY aNO KCr THe AlpHAB

TODAY’S ANSWeRS: BEGINNEr = 28; INTErMEdIaTE = 26; adVaNCEd = 24.

D

1

BATTleSHIpS F

CALVIN & HOBBES

E

1

2

3

4

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6

7G 8

A

9 10

4 x Submarine

0

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6 7 1 x Battleship

lAST SATURDAY’S SOlUTION

5

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0 1 1 3 2 4 x2Submarine 1 4 2 15 0 oflAST FINd where the fleet shipsSATURDAY’S shown is hidden in the grid. The17numbers 16 18 to

B

3

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2 x Cruiser

12

3 x destroyer

2

5

1

11

4

13

14

0

SOlUTION the right of and below the grid indicate how many of the squares in that row are filled in with 5 ships or parts of ships. The ships do not touch each other, 19 inHOW even diagonally. Some squares have been filled to start you off. many words of

F

DENNIS THE MENACE G

1

four letters or more 21 from the can you make Sudoku is a number-placing puzzle based on a 9x9 grid letters shown here? with several given numbers.4 The object is to place the 22 I In making a word, each numbers 1 to 9 in the empty squares so the each row, ACROSS letter may be used once each column 1 and each23x3 box contains 3 the same 4 number 5 1 Army officers (8) 0 J only once. The difficulty level of the Conceptis Sudoku ● The Express Bookshop stocks Each a wide selection puzzle books only. mustofattack contain 6 Rapid surprise (4) increases from Monday to Sunday across all crossword puzzle genres. To obtain our up to date list the centreor call letter and 8 9 please visit 10 www.expressbookshop.com 8 Precipitous (5) 3 2 1 3 2 2 1 6 4 72 0 01872 562310. there must be at(6) least 11 Small cupboard FINd where the fleet of ships shown is hidden in the grid. The numbers to 12 Masticate (4) word. No one nine-letter 11 the right of and below the grid indicate how many of the squares in that rowlAST SATURDAY’S SOlUTION 14 Openor space the plurals verbabove forms are filled in with ships or parts of ships. The ships do not touch eachACROSS other, 1 Occasion, earth 6 rout, 8 Canoe, 11 Praise, (3) ending in “s”.

12 Help, 14 dTI, 15 Panes, 16 Sag, 17 Spit, 19 United, 12 13 14 even diagonally. Some squares have been filled in to start you off.

SMAll CROSSWORD CROSSWORD SMAll

H

20

1

15 Round-up rope (5)

20 rests, 21 Flee, 22 restates.

16 2 Lair (3)3 Scientist, 4 One, DOWN 1 Orchestra, Curl, TODAY’S TARGeT 17 9Stretches 5 Belittles, 7 Operate, ashes, 10(4) Outside, 13 Paint, Good 18; very 19Pelt, Defeated (6) good 24; 18 19 Use.

SMAll CROSSWORD CROSSWORD SMAll 15

1 6

2

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3

7

8

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11 12

13 15

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17 19

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CRYPTIC PUZZLE 22

3 4 5 7 9 10 13 18 19

● The Express Bookshop stocks a wide selection of puzzle books

2 genres.

Eternal theme 1 Carried on when across all crossword puzzle To obtain ourof up the to date list please visit www.expressbookshop.com or call 01872 562310.

beautician (7)

supported (10)

3 The new man or woman (5)

lAST SATURDAY’S SOlUTION

4 Refrains being so avid 9 Alfresco love song ACROSS 1 Occasion, 6 rout, 8from Canoe, 11 Praise, 12 Help, 14 dTI, 15 Panes, 16 Sag, 17 Spit, 19 United, perhaps (6) about a writer (4-3) 20 rests, 21 Flee, 22 restates.

DOWN 1 Orchestra, 2 Curl, Scientist, 4 One, 5 To want3that is right though 10 Lover gives Biblical 5 Belittles, 7 Operate, 9 ashes, 10 Outside, 13 Paint, 18 Pelt, 19 Use. comparatively broke? (7) character away (7)

11 Bring forth children (5)

6 Pulls the grass up (5)

12 Time to steer

7 Has he no sense

a different way (6) 14 It lets a writer get rid of unwanted characters (6) 17 Expressed criticism of the show (5) 19 A plot that may ultimately bear fruit (7) 21 Is curious about seven world phenomena (7) 22 A master of many subjects (5) 23 Decided to have property and stay in it (6,4)

*Calls cost 80p per minute plus your telephone company’s network access charge.

17

18

lAST SATURDAY’S DOWN SOlUTION 1 Large tropical reptile (9) admiral admit adroit 2 Heap (4) amid arid 3 Aide (9) dart dial diatom dirt 4 Mesh dilator (3) dolt dorm dram drama 5 Subjugates by force (9) 7 Attain drat droit(7) idol laid 9 Taut or rigid laird lard lido(5)load 10 Readily lord maidapparent (7) 13 Thin biscuit (5) MAlADROIT matador 18 Eager (4) mild milord 19 Rigid lengthmodal of metal (3) radial radio raid road For solution tidaltoday’s toad told trad call: 0907 181 2583 triad trod *Calls cost 80p per minute plus your telephone 6 charge. company’s5network access

7 9

16 19

*Calls cost 80p per minute plus your telephone company’s network 14 15 access charge. All puzzles use The Chambers Dictionary 20

of duty? (4,6) 21

8 They don’t have to be

22

smart to fool the birds (10) 13 A single feature of the

23

weather (7) 15 Everybody in the show is superficial (7) 16 Short and long notes starting Liszt piece (6) 18 Sells but closes after five (5) 20 Well salted (5)

Yesterday’s Easy Solution

Across: 1 Petite, 4 Faiths, 9 Romanic, 10 Piece, 11 Adieu, 12 Up-and-up, 13 Pole vaulter, 18 Timpani, 20 Crane, 22 Maria, 23 Noughts, 24 Settee, 25 Leaner.

Across: 1 Scrawl, 4 Cancel, 9 Counsel, 10 Annex, 11 Elder, 12 Come out, 13 Emily Bronte, 18 Dilemma, 20 Sight, 22 Usury, 23 Thus far, 24 Exceed, 25 Heresy.

Down: 1 Sacred, 2 Round, 3 Wastrel, 5 Alarm, 6 Consort, 7 Laxity, 8 Black Beauty, 14 Mollusc, 15 Obscure, 16 Adduce, 17 Sturdy, 19 Maybe, 21 Gaffe.

Across 1 The fundamentals (5,5) 8 Horizontal plane (5) 9 North American lake (7) 10 Shorten (7) 11 Continuously (2,3) 12 Items to be considered (6) 14 Ill-matched (6) 17 Subject of talk (5) 19 Gracious (7) 21 Greed for money (7) 22 Muscular strength (5) 23 Italian painter 1518-94 (10)

ending incrack “s”. the alphabeater? radial raid road CaN you aradio tough twist on AIt’s40 17our4po 9 trad 37told tidal toad DOWN your mental muscles to the limit. BEach grid number below re TODAY’S TARGeT 1 Large tropical reptile (9) trod in alphapuzzle, every letter of triad theC alphabet 36 38 4But now 12 27 is used.

2 Heap (4) Good 18; very good 24; the given letters and the given black squares below the main 3 Aide (9) D excellent 36 (or more). add(3) to the fiendish fun, alphabeater is ‘rotationally sym 4 To Mesh E 16 21 10 19 5 Solution next Saturday. same if you turn the page 5 Subjugates by force (9) upside Fdown.

7 So, Attain for (7) example if there is a six-letter across which s G 3 word 40 in14the 18 31 ends lAST TautSATURDAY’S or rigid (5)six-letter word across a9 corresponding which bot H SOlUTION 10 Every Readily apparent (7) blackBest square hasasa asymmetrical ‘twin’ but the ‘twin’ described number crossword, the task in Kakuro admiral admit adroit I 7black15squares.

13 Thin biscuit (5) 23 21 27 number.

This iscan help to fill all ofidentify the emptyother squares, using numbers 1Of to course 9, so 18 Eager (4) dart amid arid dial J block the‘twin’. sum ofSolution each horizontal equals the number to its Call 0907 181 2586 for corresponding next Saturday.

19 Rigid length of and metal left, sum of each K vertical the4number diatom dilator dirtthe(3) 2 22 27 equals 13 block today’s solution on its top.

No number may be usedTarget in the same block more dolt dorm37dram drama For solution Atoday’s *Calls cost 80p per minute plus36 your 29 35 4 17 L 20 4 17 9 40 than once. The difficulty level of the Conceptis Kakuro telephone company’s network drat droit idol laidfrom Monday toaccess B 0907 call: 181 2583 increases MSunday.

33 24 29 21All puzzles 27charge. use *Calls cost 80p per minute plus your telephone laird lard lido load C 17 35 9 12 Dictionary 36 30NThe2Chambers 38 4 27 charge. company’s 12 network access lord D maid O 36 28 33 12 32 Yesterday’s MAlADROIT matador E 16 21 19 36 15 2 10 38P 33 3Yesterday’s 5 mild Sudoku Answer Q 1 Kakuro F milord modal 13 32 29 17Answer radial G 3 radio 23 21 33 6 14 18 37R 9 40 road 31 raid tidal toad told trad H S 11 17 4 17 19 triad I 7trod15 21 27 23 26T 32 40 33 22 8 J U 22 11 40 28 17 K 13 27 22 4 25V 21 39 19 13 17 2 L W 20 21 25 14 20 M 27 21 24 29 33 30X 6 18 14 26 19 N Y 30 11 38 29 14 1 19 22 6 O 36 28 33 12 32 17Z 5 P Call 0907 181 2586 for Q 1 29 17 13 32 2 1 233 3 2 4 534 6 217 35 8 today’s Target solution R cost 80p *Calls per minute plus your ■ telephone 28 S 11 company’s 17 19 5 21 2227 23 1024 251 26 9 27 13 17 4 network access charge. All puzzles use ■ TThe Chambers Dictionary U 22 11 40 28 17 18 10 26 32 17 8 V 3 18 28 38 6 W 20 21 25 14 20 1 X 31 17 27 33 4 Y 30 11 38 29 14 4 Z

11

Call 0907 181 2586 for today’s Target solution

For today’s solution 13 call:120907 181 2583

Yesterday’s Cryptic Solution

Down: 1 Portal, 2 Tempi, 3 Tonsure, 5 Alpha, 6 Treadle, 7 Sleepy, 8 Accusations, 14 On merit, 15 Lecture, 16 Stamps, 17 Censor, 19 Abase, 21 Ashen.

Aide (9) Mesh (3) Subjugates by force (9) 8Attain (7) Taut or rigid (5) Readily apparent (7) Thin biscuit (5) 10 Eager (4) Rigid length of metal (3)

EASY PUZZLE

8 Simple but revealing (5)

22 Play-acts (8)

12 Help, 14 dTI, 15 Panes, 16 Sag, 17 Spit, 19 United, 20 rests,DOWN 21 Flee, 22 restates.

DOWN 1 Orchestra, Curl, tropical 3 Scientist, 4 One, 1 2 Large reptile (9) 5 Belittles, 7 Operate, ashes, 2 9Heap (4)102 Outside,313 Paint, 4 1 18 Pelt, 19 Use.

Down

Across

excellent (or more).

20 Discover36 knowledge (5) 21 Gala ornext bazaarSaturday.

(4) Solution

18

ACROSS 1 Army officers (8) 6 Rapid surprise attack (4) 10 8 Precipitous (5) 11 Small cupboard (6) 20 21 12 Masticate (4) 14 Open space above the 22 earth (3) 14 15 Round-up rope (5) Lair (3)selection of puzzle books ● The Express Bookshop 16 stocks a wide across all crossword puzzle To obtain our up to date list 17genres.

Stretches (4) please visit www.expressbookshop.com or call 01872 562310.

19 Defeated (6) 20 Discover knowledge (5) 18 21 Gala or bazaar (4) lAST SATURDAY’S SOlUTION 22 Play-acts ACROSS 1 Occasion, 6 rout, 8 (8) Canoe, 11 Praise,

5 19

Crusader I note (9) AprTARGeT 27: Mrs C Cooper, Ing 17 Meagre allowance of bread TODAY’S Apr good 29: Mrs G Harvey GeT BRIllIANT originally not cheap Good 18;THe very 24; 1: Mr M Wa everywhere (8) excellentTranent; 36 (orMay more).

May 3: P 19 Cattle thief in street interrupting ACROSS Solution next Saturday.

Please allow governor (7) 1 Army officers (8) 21 Soldier with domestic animal 6 Rapid surprise attack (4) HOW many CaN you crack the alphabeat lAST SATURDAY’S finding lowwords wall (7)of lAST S 8 Precipitous (5)more four letters or your mental muscles to the li5 ACROSS 1 Marksman, 22 It’s extreme, as always, in the SOlUTION 11 Small cupboard (6) 12 Umpteen, 13 Doggerel, Kent (6) from the can youarea make in alphapuzzle, every letter o admiral admit adroit 12 Bishops Masticateinterrupting (4) 25 Catmint, 26 give The 24 Europeanamid letters shown here? the given letters and the arid dart dial 14 journalist Open space abovedeclined the DOWN 1 Master, 2 Rigmar having (5) In making a word, each To add to the fiendish fun, diatom8 Decanter, dilator 9dirt earth (3) Republic, 14 R 25 Manly graduate about to get letter may used samedorm if you21dram turn the page ups dolt drama 15 house Round-up rope (5) once Literal, 22 Stared, (5)be only.

Each 16 Lair (3) must contain for example if there is a dratSo,droit idol laid 17 Stretches (4) the centre letter and a corresponding six-letter wo laird lard lido load GeT THe BRIllIANT eXpReSS pUZZleS A 19 Defeated there must (6) be at least black square has a s lordEvery maid 20 Discover knowledge (5) one nine-letter word. No number. This can help identify MAlADROIT matador 21 Gala or bazaar (4) plurals or verb forms corresponding ‘twin’. Solution mild milord modal 22 Play-acts (8)

Down 2 Abstracted musing (7) 3 Sound and reliable (5) 4 Gardening handtool (6) 5 To fell (3,4) 6 Binge (5) 7 Moderation (6,4) 8 Tempt into wrongdoing (4,6) 13 Manner of expressing (7) 15 Pulsating with vigour (7) 16 Manage with means available (4,2) 18 Factory (5) 20 Falsehood (5)

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THE TRIBUNE

Thursday, August 19, 2021, PAGE 11

ROBINHOOD’S CRYPTO TRADING SURGES, AS OVERALL GROWTH SLOWS NEW YORK Associated Press

AFTER helping a new generation of investors get into stocks, Robinhood is increasingly doing the same for cryptocurrencies.

More than $4 of every $10 that Robinhood Markets Inc made in revenue during the spring came just from customers trading bitcoin, dogecoin and other cryptocurrencies.

Robinhood also said yesterday that it lost $501.7m, or $2.16 per share, compared with a profit of $57.6m, or nine cents per share, in last year’s second quarter.

The loss was no surprise after the company had earlier given preliminary estimated results for the quarter. The company’s slowdown in revenue growth was also expected: It more than halved to 131% from 309% in the first three months of the year.

But the degree of the sharp rise in crypto’s importance to Robinhood’s business was striking. Cryptocurrencies made up 41% of all of Robinhood’s $565.3m in revenue. That’s up from 17% in the first three months of the year and from just 3% at the start of last year. The spring marked the first quarter for

Robinhood where new customers were more likely to make their first trade in cryptocurrencies rather than in stocks.

Robinhood CEO Vlad Tenev said in a recent interview with The Associated Press that he wants the company to make it easy to trade any asset its customers are interested in, and that increasingly means crypto.

“They’re interested in exploring this new asset class,” he said. “So, no doubt, crypto has been very culturally relevant through the first six months of the year.”

Tenev also said he sees cryptocurrency companies

as Robinhood’s competitors, just like other stock-trading brokerages. Coinbase, a publicly traded crypto exchange, said it had $1.9bn in transaction revenue during the second quarter, versus Robinhood’s $233m in crypto-related trading revenue.

With cryptocurrencies, Robinhood makes money by routing its customers’ trade orders to market makers.

It’s similar to how Robinhood makes money from its customers trading stocks: It gets payments from Citadel Securities and other big trading firms after sending them the stock orders made

by its customers.

Interest in — and prices for — cryptocurrencies surged in the early part of last quarter, leading to a frenzy of trading activity. Bitcoin hit $64,829 in April after starting the year at less than $30,000.

Even dogecoin, whose fans have been trying to help it shed its image as a joke cryptocurrency, soared. It got to 74 cents in May after starting the year at roughly half a penny.

But cryptocurrencies are notoriously volatile, and their prices have continued to swing sharply since hitting those peaks. Bitcoin

THE WEATHER REPORT

5-Day Forecast

TODAY

SATURDAY

SUNDAY

MONDAY

Partly sunny

A moonlit sky with a passing shower

Partly sunny and pleasant

A couple of thunder‑ storms

A t‑storm around in the morning

Sun through high clouds and breezy

High: 89°

Low: 78°

High: 89° Low: 80°

High: 91° Low: 81°

High: 91° Low: 81°

High: 90° Low: 80°

AccuWeather RealFeel

AccuWeather RealFeel

AccuWeather RealFeel

AccuWeather RealFeel

AccuWeather RealFeel

AccuWeather RealFeel

101° F

88° F

101°-87° F

101°-89° F

101°-89° F

99°-88° F

High: 93° F/34° C Low: 79° F/26° C

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

N

almanac

E

W

ABACO

S

N

High: 86° F/30° C Low: 79° F/26° C

4‑8 knots

S

High: 91° F/33° C Low: 77° F/25° C

4‑8 knots

FT. LAUDERDALE

FREEPORT

High: 90° F/32° C Low: 79° F/26° C

E

W S

E

W

WEST PALM BEACH

N

uV inDex toDay

FRIDAY

ORLANDO

TAMPA

| Go to AccuWeather.com

TONIGHT

High: 94° F/34° C Low: 76° F/24° C

High: 89° F/32° C Low: 76° F/24° C

MIAMI

High: 91° F/33° C Low: 78° F/26° C

6‑12 knots

KEY WEST

High: 89° F/32° C Low: 82° F/28° C

ELEUTHERA

NASSAU

High: 89° F/32° C Low: 78° F/26° C

Forecasts and graphics provided by AccuWeather, Inc. ©2021

N

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

tiDes For nassau High

Ht.(ft.)

Low

Ht.(ft.)

Today

5:36 a.m.

6:16 p.m.

2.7 3.5

11:45 a.m. 0.3 ‑‑‑‑‑ ‑‑‑‑‑

Friday

6:36 a.m.

7:10 p.m.

2.8 3.6

12:46 a.m. 0.5 12:44 p.m. 0.2

Saturday

7:30 a.m.

8:00 p.m.

3.0 3.6

1:38 a.m.

1:38 p.m.

0.4 0.1

Sunday

8:20 a.m.

8:47 p.m.

3.1 3.6

2:26 a.m.

2:29 p.m.

0.3 0.1

Monday

9:08 a.m.

9:30 p.m.

3.2 3.5

3:10 a.m.

3:17 p.m.

0.3 0.2

Tuesday

9:53 a.m.

10:12 p.m.

3.2 3.4

3:52 a.m.

4:03 p.m.

0.3 0.3

Wednesday 10:36 a.m.

10:53 p.m.

3.2 3.2

4:32 a.m.

4:48 p.m.

0.4 0.5

sun anD moon Sunrise Sunset

6:46 a.m.

7:41 p.m.

Moonrise Moonset

5:50 p.m.

3:32 a.m.

Full

Last

New

First

Aug. 22

Aug. 30

Sep. 6

Sep. 13

CAT ISLAND

E

W

High: 86° F/30° C Low: 78° F/26° C

N

S

E

W

6‑12 knots

S

6‑12 knots Shown is today’s weather. Temperatures are today’s highs and tonight’s lows.

Statistics are for Nassau through 2 p.m. yesterday Temperature High ................................................... 90° F/32° C Low .................................................... 79° F/26° C Normal high ....................................... 89° F/32° C Normal low ........................................ 76° F/24° C Last year’s high ................................. 92° F/33° C Last year’s low ................................... 81° F/27° C Precipitation As of 2 p.m. yesterday ................................. 0.00” Year to date ............................................... 15.97” Normal year to date ................................... 22.81”

High: 87° F/31° C Low: 78° F/26° C

has since fallen back toward $45,000, and dogecoin has more than halved to roughly 30 cents.

That could hinder Robinhood’s revenue growth going forward. The company said yesterday that its revenue will likely drop from the second to third quarters as trading activity slows.

Shares in Robinhood, which is based in Menlo Park, California, have moved sharply up and down since they began trading at $38 on July 29, veering between $33.25 and $85. They were down 5.2% in after-hours trading, after rising 6.7% yesterday to close at $49.80.

ANDROS

SAN SALVADOR

GREAT EXUMA

High: 86° F/30° C Low: 79° F/26° C

High: 86° F/30° C Low: 79° F/26° C

N

High: 88° F/31° C Low: 79° F/26° C

E

W S

LONG ISLAND

tracking map

High: 86° F/30° C Low: 79° F/26° C

4‑8 knots

MAYAGUANA High: 87° F/31° C Low: 80° F/27° C

Shown is today’s weather. Temperatures are today’s highs and tonight’s lows.

CROOKED ISLAND / ACKLINS RAGGED ISLAND High: 86° F/30° C Low: 79° F/26° C

High: 86° F/30° C Low: 80° F/27° C

GREAT INAGUA High: 88° F/31° C Low: 81° F/27° C

N

E

W

E

W

N

S

S

7‑14 knots

8‑16 knots

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

Today: Friday: Today: Friday: Today: Friday: Today: Friday: Today: Friday: Today: Friday: Today: Friday: Today: Friday: Today: Friday: Today: Friday: Today: Friday: Today: Friday: Today: Friday:

WINDS NE at 4‑8 Knots S at 4‑8 Knots NE at 6‑12 Knots ESE at 4‑8 Knots ENE at 4‑8 Knots ESE at 6‑12 Knots E at 7‑14 Knots E at 8‑16 Knots ENE at 4‑8 Knots SE at 4‑8 Knots ENE at 4‑8 Knots SSW at 3‑6 Knots NE at 6‑12 Knots ESE at 6‑12 Knots E at 8‑16 Knots E at 8‑16 Knots ENE at 7‑14 Knots ESE at 7‑14 Knots E at 7‑14 Knots E at 8‑16 Knots ENE at 4‑8 Knots SE at 4‑8 Knots E at 7‑14 Knots E at 8‑16 Knots NE at 4‑8 Knots ESE at 6‑12 Knots

WAVES 3‑5 Feet 3‑6 Feet 0‑1 Feet 0‑1 Feet 2‑4 Feet 2‑4 Feet 2‑4 Feet 2‑4 Feet 2‑4 Feet 3‑5 Feet 1‑2 Feet 1‑3 Feet 0‑1 Feet 0‑1 Feet 1‑3 Feet 2‑4 Feet 1‑3 Feet 1‑3 Feet 2‑4 Feet 3‑5 Feet 0‑1 Feet 0‑1 Feet 2‑4 Feet 1‑3 Feet 0‑1 Feet 1‑2 Feet

VISIBILITY 10 Miles 5 Miles 10 Miles 10 Miles 10 Miles 5 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 6 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles

WATER TEMPS. 86° F 86° F 87° F 88° F 85° F 86° F 84° F 85° F 87° F 88° F 88° F 88° F 86° F 87° F 84° F 85° F 85° F 85° F 85° F 85° F 86° F 87° F 84° F 84° F 86° F 87° F

PAGE 12, Thursday, August 19, 2021

THE TRIBUNE