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THURSDAY, AUGUST 27, 2020

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Moody’s: GDP down by a fifth

By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net

OODY’S expects a 22 percent contraction in GDP in 2020, citing high unemployment and a near tourism collapse in 2020. The rating agency, in their annual credit analysis of The Bahamas, said, “Tourism flow losses were almost 100 percent in the second quarter of 2020 and we expect this will remain

the case during the third quarter. Unemployment levels are also expected to rise significantly (some official estimates put the rate at 30 percent of the labour force), weighing on household consumption. This will contribute to a contraction in real GDP in the range of 17 percent to 22 percent in 2020.” Moody’s did say, however: “For 2021, we expect a recovery in US economic growth to over two percent, which, coupled with the fact

that unlike natural disasters the coronavirus does not destroy installed capacity, should help tourism flows recover to 60 percent to 70 percent of their 2019 levels. While this would support an expansion in GDP of over ten percent next year, there are still material risks to the overall recovery of the tourism sector.” Moody’s warned again that structural impediments to growth like global competitiveness costs, noting particularly The Bahamas

scoring poorly on the World Bank’s ease of doing business ranking on the categories of registering property, trading across borders and obtaining credit, noting that: “Even though the Free National Movement government, which took office in May 2017, established an Ease of Doing Business Committee in 2017, the country’s overall ranking only improved by one place in the 2019 report compared to the previous year.”

SEE PAGE 6

Jitney drivers ask ‘what about us?’ By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net JITNEY drivers are “totally irate” and “sorely displeased” after being left out of the latest emergency powers orders that allowed for commercial activity to resume on August 31. Harrison Moxey, the United Public Transportation Company’s (UPTC) president, told Tribune Business yesterday that his members are “totally irate” about not being able to restart the bussing system on August 31. He also said: “We are going to have something to say about that, but we are sorely displeased about it.” Mr Moxey added: “If you are going to open up the businesses then people need to get to work, we need to

get back to work and at the same time we are not hearing anything about any stimulus or any relief package for any of us and we have been suffering now for six months.” “We have had it up to the sky with it,” said Mr Moxey. Jitneys were allowed to resume operations on July 1, after having been shut down since the end of March, only to be shut down again in early August with no indication as to when they will resume operations. Mr Moxey said about the length of time his members have been out of business: “We’re planning to do something for today, we are sorely displeased about this. We don’t feel as if we are being considered, we don’t feel as if we are being respected and we are just being pushed aside and we

Sharp rise in households with income below minimum wage By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net THE number of households reporting an income below the minimum wage in April nearly trebled, according to an Inter-American Development Bank (IADB) report. The report, titled “COVID-19-The Caribbean Crisis”, said that 72.5 percent of households out of 910 surveyed said that they had reported income loss in April and the percentage of households that reported income below the minimum wage increased by 195.6 percent from 16.1 percent to 47.6 percent.

There are three main factors that contributed to this increase, the bank said. The first was significant business closure, either by force from the competent authority or due to lack of demand. Secondly, out of those surveyed, 75.1 percent indicated at least one job loss in their household. Lastly, people reported they had stopped receiving rent payments from real estate or vehicles. The report also said the loss of employment impacted 80.6 percent of low income households, or households that reported earnings below the minimum wage as of January.

SEE PAGE 3

700 Wines & Spirits brings back curbside By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net A MAJOR retail liquor store chain will be ready to operate curbside as commercial activity restarts on August 31. 700 Wines & Spirits told Tribune Business: “In accordance with the latest Emergency Powers (COVID-19 Pandemic) (No.4) Orders, 2020, CBL’s retail operation - 700 Wines & Spirits - will reopen for business on Monday, August 31, 2020. 700 Wines & Spirits will offer curbside

service at most of its locations in New Providence. Additionally, customers also having the option of utilising our online platform to make purchases.” Liquor stores were not allowed to operate under the original emergency powers order in March, leaving several liquor merchants wondering about when they will be allowed to resume operations. To advertise in The Tribune, contact 502-2394

are totally flat on our faces suffering through the whole ordeal.” The emergency powers, COVID pandemic No 4, dated October, 2020, state that no person shall offer or seek to hire any private or public bus services. Taxi drivers, however, may operate under the guidelines issued by the ministry of tourism and approved by the ministry of health. Mr Moxey added: “We hoped that by this time consideration would have been given to us in transportation. We have invested to make all of the necessary requirements for the government with the protocols established for public transportation and here it is the competent authority is opening again and we have no idea as to when we are actually going to be able to

begin operations and there is no kind of relief for us at this time. “We are at our wits end and nobody seems to care about it. People need to get to work and now they are going to be hacking and trying to hitch-hike and nobody is picking you up alongside the road because of the COVID-19 fear. This does not make any sense to us in the way that this is being done and we are sore displeased about it,’ Mr Moxey said. Rudolph Taylor, the Bahamas Unified Bus Drivers Union’s (BUDU) president, said: “Everybody is just hopeful that they can go back on the road. No indication as yet from the government on when we can go back to work, but

SEE PAGE 3

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Two-year risk to nation’s credit By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net

DOWNSIDE risk to the country’s credit profile will remain for the next two years, ratings agency Moody’s warns as it keeps the country’s sovereign credit rating to “Ba2” with a negative outlook. The rating agency, in their annual credit analysis of The Bahamas, said that given the severity of the COVID-19 crisis they expect downside risks to the credit profile to remain over the next two years. Moody’s added: “The Bahamas credit profile incorporates moderate economic strength, reflecting its subdued economic performance, high wealth levels and moderate institutional strength, which underpins confidence in the currency peg and overall macroeconomic stability. Two shocks, Hurricane Dorian in 2019 and the coronavirus outbreak this year, will weigh significantly on economic growth and lead to higher debt and interest burdens. This will test the government’s progress in strengthening its fiscal policy framework. “There is still significant uncertainty about the strength and speed of the global tourism sector’s recovery. If the recovery in 2021 ends up weaker than what we currently expect, it would place additional pressure on government revenue and further erode the sovereign’s fiscal strength. Prospects for debt stabilization are also highly dependent on economic performance in 2021 and 2022. Moreover, if market sentiment towards The Bahamas does not improve, it could weigh on the government’s ability to finance its larger funding needs through 2021/22. While the favorable

maturity profile of government debt mitigates some risks related to government liquidity (the next global bond is not due until 2024), limited market access could create external liquidity pressures.” Moody’s added that given the negative outlook a rating upgrade is “unlikely”. However, the outlook could be changed to stable if “the government successfully finances its larger borrowing requirements for fiscal 2020/21, and if tourism recovers, supporting growth and budgetary revenue. Implementation of fiscal and economic policies that support fiscal consolidation and stabilise the debt burden over the coming years would also be credit positive”. Further compounding this, Moody’s warned that negative credit pressure could emerge if the government runs into “heightened liquidity pressures”, that would limit its ability to fund larger fiscal deficits over the next two years that would cause more material decline on the foreign reserves. Moody’s also said: “Nearterm economic prospects, already buffeted by the impact of Dorian on Grand Bahama and the Abacos, are further weighed down by the impact of the coronavirus crisis. In addition border closures and quarantine measures imposed to contain the spread of the disease, major hotels, including Atlantis and Baha Mar, closed their doors in March.” The borders were opened to international travel in July, but were quickly closed again due to the increase in COVID-19 cases Moody’s said, along with the lack of demand the two largest hotels in the country BahaMar and Atlantis, delayed their openings until

SEE PAGE 6

PAGE 2, Thursday, August 27, 2020

THE TRIBUNE

Cooper: Show us the state of the economy By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net DEPUTY leader of the opposition Chester Cooper, pictured, wants the treasury committee of Parliament to meet prior to reconvening from the summer break. Mr Cooper, the shadow minister for finance for the Progressive Liberal Party, told Tribune Business yesterday after issuing his request: “We expect that the government will provide all of the details and we can make an assessment of the economy. We are hoping that the minister for finance can give a briefing so we can understand where we are.” Mr Cooper also said: “The economic issues seem to be of greater concern at the moment than the health issues at the moment. We have to look at it in a twopronged approach.” “Considering that the parliament has been on

vacation for several weeks, we find it appropriate that the committee would convene and try to examine the situation,” Mr Cooper added. Mr Cooper said in his release: “Whilst we have received weekly health briefings on the COVID-19 crisis from health officials, we do not receive economic

‘VAT HOLIDAY? WHO’S BUYING UNIFORM FOR VIRTUAL SCHOOL?’

briefings, which is of critical importance. Sufficed to say, the fear of the economic fallout has, perhaps, surpassed the fear of the virus itself.” He added: “This is most evident, by the pain and suffering of the most vulnerable, especially as it relates to access to the most basic essentials such as food

and shelter. A report in The Tribune dated August 18, 2020 under the heading DPM rejects Bahamas ‘debt crisis’ description has triggered several questions. “The minister was apparently responding to yet another international organisation, namely Jubilee Debt Campaign, that branded The Bahamas

as being ‘in a debt crisis’. Further, the minister of National Insurance (Brensil Rolle) has recently gone on record in expressing concern that the government unemployment programme is without funding to go beyond September.” Mr Cooper added: “Further, many small businesses have expressed concern about the inability to access capital from the recently touted small business assistance programme. It has been reported that funding for the first tranche of the programme has run out, while funding for another tranche that would cover those who were disadvantaged during the second wave, has not yet been finalised.” Mr Cooper is asking for the Ministry of Finance to provide a copy of the most recent report of the Fiscal Responsibility Council as it would have sight of internal

By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net

James Wallace, owner/ operator of Janaees Uniform Centre, told Tribune Business yesterday he seriously doubts that people will be coming in for uniforms because students are still mandated to take their classes virtually due to the COVID-19 precautions. He added: “The period that they gave the exemption on the school uniform side should be longer until they go to actually getting in-person school.”

Mr Wallace also said: “I believe the government should consider extending it for uniform items after September 20, other than that I don’t see it as beneficial because as it stands now most people don’t have funds, so why are they going to spend money on uniform that they do not need today?” The government first announced the back to school VAT holiday during the 2020/2021 budget debate,

RETAILERS are not enthused about the back to school value added tax (VAT) holiday set to run from August 31 to September 20.

The Bahamas Public Services Union

PUBLIC ANNOUNCEMENT In accordance with Article 21, Paragraph 1 of the Bahamas Public Services Union Constitution (Revised 1995). The Bahamas Public Services Union is welcoming Nominations for the Election of Officers 2020 for the following positions: • President • Executive Vice President • Vice President • Vice President, Northern Region • Secretary General • Assistant Secretary General • Treasurer • Trustees Due to the Covid-19 Pandemic and the Emergency Power Orders, the BPSU’s Office is being operated remotely. Therefore, Nomination Forms will be issued via email; cindiranbain@gmail.com commencing Monday, August 25th, 2020. The deadline for the submission of Nomination Forms via email is Sunday, September 6th, 2020 at 4:00 pm. Should you require any additional information, the Office of the Secretary General can be contacted at (242) 424-1999.

Ministry of Finance reports in preparing their analysis. He added: “The silence of the council is more deadly than the incompetence of the administration in the current environment. We would also wish to examine all loan documents signed this year, including the documents related to the government’s overdraft and for the Central Bank’s debt sustainability analysis given its new legislation which limits its ability to lend to the government. The minister, in the referenced interview refers to bridge facilities with multilateral lenders such as the IDB (Inter-American Development Bank), the CDB (Caribbean Development Bank) and the World Bank. We further renew our call for a review of the loan agreements executed with the IMF (International Monetary Fund).” with an official date targeted for the start of the school year, which was assumed to be in mid-August. However, the COVID-19 pandemic has changed the proposed target date to the second week in September for school to begin virtually. With minister for education Jeffrey Lloyd telling reporters outside of cabinet office that the ministry still intends to reopen public schools on September 21, with virtual education first and then move on to “blended learning” to be a combination of virtual and face-to-face classrooms, as of October 5. Mr Lloyd also said: “Now the only thing that can change or will change is if the competent authority makes another order (emergency order) that is going to affect that. This is as clear as I can be. School will open on the 21st of September, 2020 at the regular hours online. It is our intention, that after about three weeks, we are going to move into what we consider, blended learning, or some sort of consolidation with online and face-to-face and our anticipation for that is October 5.” Mr Wallace said about this possibility that: “To me this is not helpful, there are going to be one or two persons in a better financial position I’m sure, but nine times out of ten I doubt it. This back to school has been a complete disaster because our sales has been 95 percent down.” “I do not expect to have much business start on August 31 because there is no in-person school requirements.” He added: I don’t know what this blending learning is going to be and how much, but my business has some challenges to overcome due to the fact that I am predominantly a school uniform supplier and there is no real in-person school attendance. So where persons would need uniforms for the whole week, they only need it now for one day.”

THE TRIBUNE

Thursday, August 27, 2020, PAGE 3

Bahamas Paradise Sharp rise in households with income below minimum wage Cruise Line to pay $875,000 back wages FROM PAGE ONE

By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net BAHAMAS Paradise Cruise Line will pay back wages totalling $875,000, which were owed to the crew while they were stuck on board their ships over the past two months due to the COVID-19 pandemic. The Miami Herald reported that Bahamas Paradise Cruise Line crew members may finally get paid after months of working without wages on the company’s Florida-based ships. In a settlement agreement reached between the crew members and the company on Friday, the Miami Herald reported that Bahamas Paradise Cruise Line will pay $875,000 to around 275 crew members, according to the lawyer representing the crew, Michael Winkleman. The settlement in the class-action lawsuit is still awaiting approval from a federal judge in Miami. “We are very pleased with this settlement and we are confident it will fully and fairly compensate the entire crew who were stuck on the ship,” said Mr Winkleman. Crew members reportedly went months working unpaid and faced threats for speaking out about conditions on board, reported the Miami Herald. After the US government cancelled cruises on March 14, Bahamas Paradise Cruise Line asked crew members on its two ships the Grand Celebration and the Grand Classica to sign an agreement to continue working without pay. The company said it would pay crew members again as soon as cruising resumed — at that time, estimated as mid-April, but cruises remained cancelled and crew went unpaid and while on board had to pay for necessities like toiletries and bottled water, depleting their savings.” The Miami Herald reported that in mid-March, Bahamas Paradise Cruise

A BAHAMAS PARADISE CRUISE LINE SHIP Line presented crew members with a form to sign that said they agreed to stay on board without wages instead of requesting a flight home. Oneil Khosa, BPCL’s chief executive officer, “boarded the ship in early June and promised each crew member still on board a one-time $1,000 payment by July 25, according to a recording of the meeting obtained by the Herald. July 25 came and went without pay. A teary crew member pleaded with Khosa at another meeting in late July, according to a recording obtained by the Herald”. The seafarers have little recourse. US labour laws do not apply to cruise ship workers as the companies and ships are registered abroad. The Maritime Labor Convention of 2006 provides the only international workplace protections for seafarers, but the US is not one of the 97 signatories and therefore does not enforce its crew welfare rules. On August 4, Dragan Janicijevic, 44, a casino worker on the Grand Celebration who made it off the ship and home to Serbia in late June, filed a classaction lawsuit against the company in federal court in Miami alleging the crew had been forced to work without wages. In an interview with the Palm Beach Post last week, Mr Khosa said the company is struggling to stay afloat. “The situation has exposed so many of us to so much uncertainty and negativity,” he told the

Post. “Economically, at the end of the day, everybody’s trying to do what it takes to survive. To me the most important thing is to stay in business.” Bahamas Paradise Cruise Line president Kevin Sheehan Jr reportedly held a video conference with crew on the Grand Celebration ship on August 12, 2020, after the Herald published a story about tactics the company used to make crew work without pay during the COVID-19 pandemic. Currently there are only around 40 crew members that remain on each ship. The $875,000 settlement will cover unpaid wages and the two months’ severance each crew member is guaranteed in their employment contracts, according to Winkleman.

Middle income and high income households showed a 50.2 percent and 35.1 percent loss in employment respectively. Conversely, the International Labour Organisation in a report said sustainable solutions are urgently needed to address the collapse of Caribbean tourism employment. They said the COVID-19 crisis has impacted employment, but the actual magnitude is still uncertain. Surveys indicate 71 percent of hotels had laid off staff by April as a way to address the revenue shortfall; some 66 percent had also reduced the work

week or hours worked; and 53 percent had cut salaries. The Caribbean Tourism Organization has produced a preliminary projection of a 50 percent reduction in tourist arrivals for 2020. The report added that only 37.9 percent of households indicated they had enough savings to cover an unexpected expense. They said: “Households that reported higher total household income in January 2020 were more prepared to cover immediate expenses. Only 1.9 percent of lowincome households (those earning below the minimum wage) reported having enough savings for an emergency expense, whilst 29.9 percent reported having

enough savings to cover one week or more of basic expenses.” Despite the lack of savings along with the significant job losses and business closures, only 22.2 percent of households requested a loan, remittance or cash transfer from a family member of friend, this being higher in low-income households. However, only 46.3 percent of low-income households benefitted from the various social assistance programmes implemented by the government in response to the COVID19 pandemic including the social services monthly food vouchers and the National Insurance Board unemployment benefits scheme.

Jitney drivers ask ‘what about us?’ FROM PAGE ONE

we are just waiting patiently and hoping that it will be the case that we will soon be back on the road because even the passengers are not begging us and asking us when are we going to come back on the road?” Mr. Taylor added: “Some of my passengers are paying hackers some $25 to get where they have to go and they need the buses to be back on the road, so they

want us as bus drivers to put a greater effort forward to put pressure on the government to get us back on the road.” Mr Taylor says that the buses not being on the road is costing his regular passengers dearly who depend on the National Insurance Board (NIB) benefits in order for them to get around and do certain things and said, “this is really hard”. “We will have a meeting sometime soon to iron out things with our members.

They were thinking that they were going to be one of the industries that were going to be opened up, because we have all of the protocols in place to make sure we can get people back and forth to work safely,” said Mr Taylor.

To advertise in The Tribune, contact 502-2394

PAGE 6, Thursday, August 27, 2020

Two-year risk to nation’s credit FROM PAGE ONE

after October, with Atlantis first having given a date in July for reopening and then changing that to a date to be determined after October. As a result of the full closure of international travel to the country and the closure of major resorts, Moody’s said tourism losses was almost 100 percent in the second quarter and they expect it to remain throughout much of the third quarter.

To advertise in The Tribune, contact 502-2394

THE TRIBUNE

Moody’s: GDP down by a fifth FROM PAGE ONE

by restructuring the Bahamas Power and Light (BPL), improving the electricity network and building a 220 megawatt power plant. Given BPL’s weak financial position, an internal restructuring is underway and the company is also considering a bond issuance to refinance $320m in legacy debt, which would allow BPL to have more resources available to improve its infrastructure and eventually lower

High energy costs also remains a persistent problem for The Bahamas, with Moody’s saying: “The energy sector in particular remains a bottleneck to growth, with a business’ ability to obtain electricity placing 87 in the 2019 Ease of Doing Business report. “But the government intends to reform the sector

customer costs.” Moody’s did, however, praise the government on taking action to reduce the vulnerability to climate change and said that while noting the exposure the country has to climate change events, which by the International Monetary Fund, is estimated to cost around an average annual 1.5 percent of GDP in both the public and private sector over the last 30 years, “The

BRUSSELS Associated Press

THE European Union’s top trade official resigned late yesterday after he became embroiled in a controversy over a recent trip home to Ireland and questionable adherence to COVID-19 rules. The move will force the EU’s executive office to replace key commissioner Phil Hogan in the midst of the pandemic crisis, amid fraught trade relations with the United States and China, and as the final months of talks on a future deal

NOTICE is hereby given pursuant to Section 204 (1)(b) of the BVI Business Companies Act, 2004 that PYM CONTINENTAL S.A. is in voluntary liquidation. The voluntary liquidation commenced on 8th July, 2020 and RADIM SERVIT of Pflugstrasse 10/12, 9490 Vaduz, Principality of Liechtenstein, has been appointed as the Sole Liquidator.

with post-Brexit Britain approach. “It was becoming increasingly clear that the controversy concerning my recent visit to Ireland was becoming a distraction from my work,” Hogan said. He has come under fire in his home country amid allegations he skirted rules other Irish citizens have to live by to contain the second wave of the pandemic: Not only had Hogan attended a posh golf dinner with some 80 guests when maximum attendance should have been much lower, but he was also criticised for traveling in parts of Ireland where a lockdown applied — and for emerging early from a mandatory two-week quarantine. He contested some perceived errors but also acknowledged a fundamental flaw in not paying enough attention to the rigors of the anti-COVID-19 fight while the public at large was constrained from morning till night. “I fully understand (people’s) sense of hurt and anger when they feel that those in

EUROPEAN Commission President Ursula von der Leyen, right, speaks with European Commissioner for Trade Phil Hogan prior to an extraordinary meeting of the EU college of commissioners at EU headquarters in Brussels in January. public service do not meet the standards expected of them,” he said. “As a public representative I should have been more rigorous in my adherence to the COVID guidelines.” The EU has consistently underscored the importance of obeying all restrictions imposed by the 27 member countries, and turning a blind eye to infractions by its own top officials would undermine that effort.

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL The Public is hereby advised that I, ASHLEY RENISE NORKEISHA WILLIAMS of #91 Peter West, Nassau, Bahamas intend to change my name to ASHLEY RENISE BONAMY. If there are any objections to this change of name by Deed Poll, you may write such objections to the Deputy Chief Passport Officer, P.O. Box N-742, Nassau, Bahamas no later than thirty (30) days after the date of publication of this notice.

Dated this 13th day of July, 2020 Sgd. RADIM SERVIT Voluntary Liquidator

SMC Ltd.

www.bisxbahamas.com

(242) 323-2330

WEDNESDAY, 26 AUGUST 2020

Incorporated under the International Business Companies Act, 2000 of the Commonwealth of The Bahamas registered in the Register of Companies under the Registration Number 196565 B

(242) 323-2320

ALL SHARE INDEX: CLOSE: 2,094.54 | CHG: -0.04 | %CHG: 0.00 | YTD: -137.06 | YTD%: -6.14 BISX LISTED & TRADED SECURITIES

PREFERENCE SHARES 1.00

1.00

1000.00 1000.00 1000.00 1000.00

1.00 10.00 1.00

1.00 10.00 0.90

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

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

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 Class A Focol Class B

BFHP CAB6 CAB8 CAB9 CAB10 CHLA FBBA FCLB

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

52WK LOW 100.00 100.00

115.92 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 102.00

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

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

SYMBOL FBB22 BFHB

BAHAMAS GOVERNMENT STOCK - (percentage pricing) 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: 2015-6-7Y BGS: 2015-6-30Y BGS: 2015-10-3Y BGS: 2015-10-7Y

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

LAST CLOSE 3.50 17.43 1.62 1.79 1.67 6.00 6.75 2.99 5.10 3.77 6.10 11.26 2.44 5.30 9.99 8.44 14.30 3.99 8.97 15.20

CLOSE 3.50 17.43 1.62 1.79 1.67 6.00 6.75 2.99 5.10 3.77 6.10 11.26 2.40 5.30 9.99 8.44 14.30 3.99 8.97 15.20

CHANGE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00

1.00 1000.00 1000.00 1000.00 1000.00 1.00 10.00 0.90

LAST SALE 100.00 100.00

CLOSE 100.00 100.00

CHANGE 0.00 0.00

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

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

VOLUME

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

EPS$ 0.239 0.932 0.000 0.000 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 0.000 0.000 0.000 0.260 0.000 0.000 0.120 0.220 0.720 0.434 0.060 0.328 0.240 0.540 0.120 0.200 0.610 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

P/E 14.6 18.7 N/M N/M N/M N/M 18.3 -6.8 36.4 20.5 13.6 15.6 23.5 11.3 15.5 11.6 17.5 19.7 9.6 24.1

YIELD 4.86% 7.23% 1.23% 0.00% 0.00% 0.00% 3.85% 0.00% 0.00% 3.18% 3.61% 6.39% 18.08% 1.13% 3.28% 2.84% 3.78% 3.01% 2.23% 4.01%

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

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

INTEREST Prime + 1.75% 6.25%

19-Oct-2022 30-Sep-2025

MATURITY

6.95% 4.00% 4.25% 4.25% 4.50% 4.50% 6.25% 6.25% 4.00% 4.50% 6.25% 3.50% 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-2022 26-Jun-2045 15-Oct-2018 15-Oct-2022

MUTUAL FUNDS 52WK HI 2.34 4.41 2.11 198.39 168.29 1.69 1.85 1.77 1.24 8.34 10.26 7.08 12.15 12.71 10.81 10.00 8.98 11.79

52WK LOW 2.11 3.30 1.68 164.74 116.70 1.64 1.79 1.73 1.06 6.41 7.62 5.66 8.65 10.54 9.57 9.88 8.45 11.20

“I reiterate my heartfelt apology to the Irish people for the mistakes I made during my visit,’ Hogan said, but insisted he broke no laws. EU Commission chief Ursula Von der Leyen had been assessing whether to fire Hogan over his travel infractions when he said he would resign — insisting he was jumping and had not been pushed. Hogan had earlier lost the support of the Irish government, but the final decision on his fate was for Von der Leyen to make. “I respect his decision,” Von der Leyen said. “I am very grateful to him for his tireless work as a trade commissioner since the start of this mandate.” The resignation could well mark the end of the policial career of the 60-year old, who had also been an agriculture commissioner during a previous mandate.

The scandal was fueled further by changes in Hogan’s account of his actions, as he issued a series of statements about his travel and adherence to the rules Ireland had imposed. Hogan’s detailed memorandum to von der Leyen on Tuesday sparked renewed allegations that he violated Irish quarantine rules after he returned to the country from Brussels last month. Ireland requires anyone returning from a country with high levels of COVID19 to self-isolate for 14 days. Hogan said he returned to Ireland on July 31, filled out the required passenger locator form and self-isolated until Aug 5, when he went to a hospital for an undisclosed medical procedure. Hogan said he stopped self-isolating after being discharged on Aug 6 because he tested negative for COVID-19 during the hospital stay. Hogan said he believed this was appropriate based on advice posted on the government-sponsored Citizens Information website. But the government website says people returning from any country that isn’t on the government’s “green list” should self-isolate for the full 14 days, regardless of testing. Hogan was most sorry for attending the golf society dinner last week. “Let me be very clear: I made a mistake by going to that event. I’m embarrassed about it,” he said.

NOTICE

MARKET REPORT 52WK LOW 3.13 20.91 0.67 1.79 1.67 5.40 5.39 2.00 5.05 3.62 5.60 11.05 2.71 2.64 9.60 7.10 13.04 3.20 8.00 13.90

Insurance Facility (CCRIF). This funding supported the government’s short-term response to Dorian. “To improve its physical resilience, the BPL (Bahamas Power and Light) has replaced underground cables and strengthened overhead power lines whereas the government, supported by a $35m loan from the IADB, is in the process of enhancing its coastal risk management.”

EU TRADE CHIEF HOGAN RESIGNS OVER COVID RULES CONTROVERSY

PYM CONTINENTAL S.A. Company No. 1818631 (In Voluntary Liquidation)

52WK HI 4.10 22.65 2.00 1.79 2.50 6.00 6.75 5.47 8.59 4.50 6.16 12.77 3.64 5.49 10.88 8.44 16.99 4.25 9.40 15.21

government established a Disaster Relief Fund, which was funded with $41m in seed money, to be derived from dormant bank accounts, and budgetary allocations once the budget is balanced. The government secured a $100m contingent credit line with the IADB to provide liquidity in case of a natural disaster as well as insurance coverage with the Caribbean Catastrophe Risk

FUND CFAL Bond Fund CFAL Balanced Fund CFAL Money Market Fund CFAL Global Bond Fund CFAL Global Equity Fund Leno Preferred Income Fund Leno Growth Fund Leno Diversified Fund Leno 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 2.34 4.41 2.11 196.40 163.60 1.68 1.81 1.76 1.07 8.30 9.90 7.08 11.27 12.71 10.23 N/A 8.93 11.27

YTD% 12 MTH% 2.13% 4.00% 0.91% 2.59% 1.04% 2.39% 0.65% 2.50% -1.88% 3.33% 1.10% 2.34% -2.43% 1.49% 0.34% 2.43% -11.07% -9.92% -0.45% 8.36% -3.20% 11.46% 2.10% 5.15% -6.17% 3.54% 2.92% 5.55% -4.66% -3.81% N/A N/A -4.20% 0.20% -8.60% -2.90%

MARKET TERMS

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

YIELD - last 12 month dividends divided by closing price

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

Bid $ - Buying price of Colina and Fidelity

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

Ask $ - Selling price of Colina and fidelity

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

Last Price - Last traded over-the-counter price

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

Weekly Vol. - Trading volume of the prior week

Change - Change in closing price from day to day

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

Daily Vol. - Number of total shares traded today

NAV - Net Asset Value

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

N/M - Not Meaningful

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

NAV Date

30-Jun-2020 30-Jun-2020 26-Jun-2020 30-Jun-2020 30-Jun-2020 31-Jul-2020 31-Jul-2020 31-Jul-2020 31-Jul-2020 31-May-2020 31-May-2020 31-May-2020 31-May-2020 31-May-2020 31-May-2020 30-Jun-2020 30-Jun-2020

(In Voluntary Liquidation) Notice is hereby given that the liquidation and winding-up of the Company is complete and the Company has been struck off the Register of Companies maintained by the Registrar General. Dated this 24th day of August, 2020

_________________

Crowe Bahamas Liquidator

Position Available An established Investment Funds Administrator is seeking to fill the following position:

Assistant Vice-President

Qualifications: • College graduate with B.A. or M.B.A. • CPA, CA or ACCA designation • Minimum of 10 years’ work experience • Experience in accounting for Investment Funds • Possess Superior Problem Solving skills • Possess Excellent “People” skills • Foreign language skills, optional (Portuguese/ Spanish/Italian)

30-Jun-2020

Summary Responsibilities: • Preparation of Net Asset Values (NAVs) for very complex Clients • Review of NAV Files • Supervision of Managers and Accountants • Liaising with Regulators and Auditors

Please submit resumes via email to:

infohrcfsg@gmail.com

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

THE TRIBUNE

Thursday, August 27, 2020, PAGE 7 DX1ST

Daily Express Monday, June 22, 2020 1

5 11

arrow-word

Title

_ Beckinsale, pictured

American state

Arrow-words are like crosswords, but the clues are printed inside squares on the grid. Write your answers in the blank squares in the direction indicated by the arrows. CARPE DIEMStrict Solution tomorrow

JUDGE PARKER

Most pleasant

Top of milk

Vehicle

BLONDIE

Z X H S K Y N A L A B M A H S

Y T S E F X U R L A F C F G N

R E N R W E O J V U R Z A I W

U R A G B C D F T E N T Z D O

B E M I K E J U A E E A Q O D

N H N N W K S M T C G S R W T

O P E R I A F T R I S B D N L

Most recent

Water source

In front

Below

T H G I W F O E L S I R J G V

T S E Y R I O A I I T A X L E

S A L G K I N O S C R G D X O M L P R T E L E S S Z H J D D S R A L O S V H E O N F W I W V MARVIN O E F I M A S S Y A H L S T N L Q I K O A D L G M Z H B K

Epoch

Ovum

Rodent

Was seated

Alcoholic drink Roman city

Ladder step

Freight

Belonging to us

A pair

Organ of sight

Continent

Certainly

Consume

Midpoint

4Simplicity Daily Express Monday, June 22, 2020 Stole

In the past

Office furniture item

Puzzles

CALVIN & HOBBES

tV croSSword across: 1 Garai, 6 Good, 8 Sherlock, 10 Zooey, 11 Tanya, 12 Abbott, 15 Sean, 16 Much Is, 17 Keen, 19 Sanjeev, 21 True, 22 Ideal. down: 2 Anna, 3 Isaacs, 4 Elba, 5 I Know This, 6 Georgie, 7 Day, 9 Everage, 13 Time, 14 Michaela, 17 Kurt, 18 Neve, 20 Ned. tV show: Ricky Zoom

Gourd

SuMthiNg 9+3=12, 6+4=10, 3x7=21

SS France, RMS Queen Mary, RMS Mauretania.

SMall croSSword

1 Bouncer 2 By 3 House of Lords 4 Balls 5 Duck 6 Angela’s Ashes 7 Throw 8 Iron Maiden 9 Four 10 Stump.

Neckwear item

Put in

Breathe quickly

Leftovers

Thick oil

Verge 1 2 DOWN Unkind 1 Order given to old soldier (8) Actress, _ Repair Eager Barrymore 2 Dependence is real nice, somehow (8) 10 3 Schools start to terminate Enquired ability (5) 5 Artificial Stop taking my head to be Spike of satellite wheat (1,1,1) part of chair (7) 12 6 Darling, photograph this those! vegetable Not (5,4) 7 Prohibit dreadful lout getting a wife (6) 14 Bashful Novel 8 Mean to study broken toe (6) 9 In favour of insect flying round previously (6) 15 Decorative sign is lone Sudoku MEdiuM improvement during Sudoku difficult 22 21 darkness (4,5) 4 7 6 8 3 1 9 5 2 16 Student suiting work as 5 3a 8 9 2 23 7 1 6 4 tongue specialist (8) 1 2 9 4 6 5 3 7 8 3 5 2 1 7 6 4 8 9 17 In detail, eventually (2,6) 19 Without any member 8 4 7 3 5 9 2 1 6 6 getting inebriated (7) 9 1 2 8 4 7 3 5 25 8 5 2 1 9 6 3 7 4 20 Turn on, change into vague 7 8 4 5 1 2 6 9 3 idea (6) 2 1 5 6 9 3 8 4 7 21 Drunken sot, socialist, gets kakuro kEijo put away (6) 27 22 Reveal feelings, then start shooting 3 1 2 4 1 (4,2) 9 3 2 1 24 Principal 8 5 3 finds 7 1 2 graduate 6 4 like3 this 1 2 (5) 3 1 1 4 3 2

9 3 2 1

across: 1 Cotton bud, 7 Oche, 8 Solve, 10 Oaf, 11 Launch, 13 Encounter, 14 Greece, 16 Toe, 18 Oasis, 19 Rapt, 20 Responses. down: 1 Collector, 2 Oceans, 3 Tern, 4 Now, 5 Bloated, 6 Deforests, 8 Secures, 9 Success, 12 Recipe, 15 Earn, 17 Pip.

croSS douBt across: DREGS down: SEERS

5 1 3 1

rnt mu E n i t

4 2 1 3 THE ALPHABEA

2 1 3 2 4 7 3 4 2 8 1 5 6 9 1 3 9 2

TARGET

QuiZ of thE wEEk

Goes fast

Split apart

MuddlESoME

Pats, tsar, army, myna, Napa, papa.

Classify

CRUSADER PRIZE CROSSWOR Finished

Horse

clock-wiSE

Cease living

Small rustic houses

3 Harmonica 4 Vivien Leigh 5 Wasps 6 Gypsy 7 Lowell Thomas 8 Apocalypse Now 9 France 10 Star.

wordS

Atom

Assam, Earl Grey etc

Mineral

Friday’s solutions

Shaded letters: Music Box

Lazy

Grasped

HAGAR THE HORRIBLE

Slack, Bleep, Swerve, Equate, Jersey, Bundle, Humus, Orate, Biltong, Theology, Chit. down: Shambles, Post, Flame, Ululate, Limpet (clue), Dwell, Ingest, Bedbug, Paste, Exhale, Starves, Mooch, Lake, Eyesight.

Peculiar

Sound quality

Clint _, director

SecondacrOss Hurt hand 1 Colour makes church ascend (6) Find all the music festivals listed below in the grid. 4 Father’s weapon is a Solution tomorrow security measure... (8) Small 10 ...and motherBootmakes ale – is vegetable BESTIVAL ● BLISSFIELDS ● CREAMFIELDS drunk and melancholy (7) DOWNLOAD ● GATECRASHER 11 Game not played a great deal (7) GLASTONBURY ● GREEN MAN ● GREENBELT 12 Use a shroud in report (5) ISLE OF WIGHT ● LATITUDE ● LUNAR Gosling, Tavern 13 Get things _out picturedof MELTDOWN ● OSFEST ● ROCKNESS proportion concerning SHAMBALA ● SONISPHERE ● UXFEST repeated performance (9) WIRELESS ● WOMAD ● WOODSTOCK 14 Medication makes tenants go crazy after month (12) 18 Very hot tip for when all hell breaks loose (7,5) 23 Best escape at the highest thE alphaBEatEr MENtathloN aNSwEr arrow-word level (3-6) Sudoku EaSy 24 Listen in on the French Black squares: 2, 3, 7, 10, 11, 16, 17, 22, across: Clover, Gone, Duet, Tell, Phase 23, 26, 29, 33, 34, 38. Ash, Eigg, Eden, Lie, Dare, Emu, instrument (5) ditloidS 25 Regret having twisted across: Travel, Agency, Column, Cell, Morning, Iago, Break off, Stomach, Ozone, Chute, Liege, Odd, Fate, Steep, Iron, Ian, Screen, Stars in on energy and Washtub, Behave, Strata, Svelte. Bow, Actor, Travel, Aim, Ode, Exile, 2 Moons Orbit Mars, 3information Orion’s Belt, 5 Planetsgo Visible backto(7) down: Jackpot, Whisk, Told, Offshore, Closer, Den. the Naked Eye, 5 Stars Visible in Recite, Vans, Has, Squib, Lax, Oboe, down (left to right): Ago, Rot, 26inRemoving Cassiopeia, 7 Stars The Plough. medieval sport Comely, Enviable, Wade, Lymph, Carol, Together, Roe deer, Ado, without head (7) Segment. Vote, Dean, Ade, Eaves, Men, Lee, 27 Stand in for sorting out Ink, Piece, Recline, Antler, McGiffin, Glue, Afar, Braid, Leg, Togo, Île, Eel, triVia wordSEarch dispute, to a point (8) thE alphapuZZlE Open, Women. 1 Hathaway 2 David 28Cameron Put an end toBattlEShipS spirit (6) across: Safe, Disposal, Amazing,

TIGER

Riches

Uncooked

Barter

wordSEarch A S U V T L E B N E E R G O I

Image recorder

Had food

● The Quick croSSword targEt cAn you crack the Alphabeater? Each grid Target across: 7 Once and for all; 8 Scrounge;number BrilliaNt alibi alita anil anti– bail represents letter or black square. 9 Grew; 10 Unrest; 12 uses Deduce; 14 Pebble; bairn bait ball balti barn blain As brain in Alphapuzzle, every letter of the alphabet 16 Record; 18 Fate; 20words Perverse; bran brat BRILLIANT lain lair in 22 Peace and quiet. the main liar lira nailyou rail have rain rani rant rial the grid too! is used. But totrail complete down: 1 Ensconce; 2 Demote; 3 Anon; tail tall tarn tibia tibial train body of thetribal given letters and black squares below 4 Offender; 5 Frigid; 6 Glue; 11 Thespian;usetrial Chambers 13 Christen; 15 Bleach; 17 Cherub; the grid to start. the grid is ‘rotationally 21st 19 Apex; 21 Ride. Century symmetrical’ – in other words, it looks the Dictionary same if you turn the page upside down. (1999 Solution tomorrow edition)

A 9 10 23 39 21 28 10 5 B C 26 1 13 8 23 25 36 1 D E 34 39 14 21 38 29 7 21 F G 8 29 6 1 19 11 17 8 H I 37 36 21 29 26 36 20 2 J TODAY’S TARGET Good 14; very good 21; excellent 28 K 27 9 17 37 29 30 25 8 (or more). Solution tomorrow L M 31 27 32 21 10 14 19 34 call 0907 181 2585 N for today’s target solution 32 29 9 the 12 24 40 18a number Best describedO as crossword, task in5 Kakuro *Calls cost 80p per minute plus your telephone P empty squares, using numbers 1 to 9, so is to fill all of the company’s network access charge. the sum of each horizontal its Q 34 10 to23 38the6number 21 4equals 15 block left, and the sum R of each vertical block equals the number on its top. No Snumber 2 30 more 21 block 31 same 10in the 13used 10 7may be than once. The difficulty level of the Conceptis Kakuro T increases from Monday to Sunday. 38 10 27 25 34 U 15 34 3 FIND where the fleet of ships shown is hidden V in the grid. The numbers to the right of and 19 36 1 33 2 W 27 24 6 below the grid indicate how many of the Yesterday’s squares in that row are filled in with shipsYesterday’s or X parts of ships. The ships do not touch each 30 15 34 29 29 23 22 8 Y Answer Kakuro Answer other, even diagonally. Some squaresSudoku have Z HOW many words of four letters or more can you make from the letters shown here? in making a word, each letter may be used once only. Each must contain the centre letter and there must be at least one nine-letter word. no plurals or verb forms ending in “s”.

DENNIS THE MENACE Sudoku is a number-placing puzzle based on a 9x9 grid with several given numbers. The object is to place the numbers 1 to 9 in the empty squares so the each row, each column and each 3x3 box contains the same number only once. The difficulty level of the Conceptis Sudoku increases from Monday to Sunday

BATTLESHIPS

been filled in to start you off. Solution tomorrow

CRYPTIC PUZZLE Across 1 They bring new life to

pleased (4) 9 Belief of a company in the red? Quite the opposite (5) 10 Alone and helpless (7) 11 Item of wear that’s never worn out (12) 13 Apt description of

Down 1 Paradoxical criterion of stability (4) 2 Energy surrounding volcano in Asian land (7) 3 Not a peaceful departure (7,5) 6 Deposit for a house (5)

spinning meteor (6)

meat diet (8) 8 Top stylists (12)

17 Declare writers have one on retirement? (5,7) 20 Yet he still plays Shylock (7) 21 Not an all-American name for a girl (5) 22 The key to what you were once (4)

12 Outlook shows promise (8) 15 Loving the commotion and the band (7) 16 Fear of a mischievous child? (6) 18 Saw notice on time (5) 19 Succeed with an amorous advance (4)

Yesterday’s Cryptic Solution

Yesterday’s Easy Solution

Across: 1 Safeguard, 8 Avail, 9 Nullify, 10 Circle, 11 Senses, 12 To be sure, 15 Cardinal, 18 Leader, 20 Insure, 21 Curtain, 22 Guess, 23 High level.

Across: 1 Take turns, 8 Eyrie, 9 Confide, 10 Global, 11 Pester, 12 Libretto, 15 Cold feet, 18 Beauty, 20 Phobia, 21 Abridge, 22 Close, 23 Destitute. Down: 2 Alone, 3 Effete, 4 Underlie, 5 Seller, 6 Probity, 7 Hell to pay, 11 Precipice, 13 Bit by bit, 14 Alcohol, 16 Failed, 17 Lariat, 19 Tight.

Down: 2 Abuse, 3 Enlist, 4 Unfasten, 5 Dative, 6 Fan club, 7 Blue peter, 11 Stockings, 13 Bell push, 14 Dresden, 16 Inrush, 17 Castle, 19 Exile.

7 Contemplate a change in

14 It doesn’t describe the present schoolboy (6)

Across 1 Flat raised structure (8) 5 Affectionate (4) 9 A hard lightcoloured wood (5) 10 Pouch worn with kilt (7) 11 Be the deciding factor (3,3,6) 13 Admittedly (6) 14 Refer (6) 17 Hurry up! (4,2,6) 20 Of current interest (7) 21 Perfect type (5) 22 Garden implement (4) 23 Distinction (8)

9 10

4 Sort of suit or suite (6)

16 17

12 14

EASY PUZZLE

looking far from

plays for example (8) 5 Fifty stick around

23 Newspapers containing long-term forecasts (8)

Down 1 Question persistently (4) 2 Put to practical use (7) 3 Suffer effects of poverty (4,3,5) 4 Duty list (6) 6 Received by the ear (5) 7 Give aid (8) 8 Peacemaking (12) 12 A transverse measurement (8) 15 A lot of (7) 16 Sanctuary (6) 18 Stuffing for cushions etc (5) 19 Triumphant delight (4)

1 x Battleship

3 x Destroyer

2 x cruiser

4 x submarine

30 31

■

● Alternatively, for six Extra Letter clu text DXBEAT to 84901. Texts cost £1 plus y

WORD BUILDER Answer the clues so that each word contains the same letters as the previous word, plus or minus one.

1 2 3 4 5 6 7

PAGE 8, Thursday, August 27, 2020

THE TRIBUNE

NEW MEXICO HIGH COURT UPHOLDS HEALTH ORDERS OVER BUSINESSES SANTA FE Associated Press

THE New Mexico Supreme Court upheld the authority of the state health secretary to restrict or close businesses because of the coronavirus pandemic, in a unanimous 4-0 decision yesterday spurred by restrictions on indoor dining at restaurants. In a decision announced by Justice Judith Nakamura, the court also rejected assertions by the restaurant industry that a July 13 ban on indoor dining service was arbitrary and capricious. “Bottom line, it is well

established that differing opinions do not make an action arbitrary and capricious,” Nakamura said. She invoked recent statements by US Chief Justice John Roberts that the judiciary should not normally second-guess decisions regarding health emergencies. The decision bolsters the emergency powers of Gov Michelle Lujan Grisham and her Cabinet, even as the first-term Democrat announced plans to lift a ban on indoor dining as part of a revised public health order that will take effect on Saturday. Among other things, the new order will clear the way

for restaurants, breweries, wineries, distillers, cafes and coffee shops to serve customers indoors in limited capacities. The state Supreme Court also recently upheld the administration’s authority to levy hefty $5,000 daily fines against businesses that flout health orders linked to the coronavirus. Restaurants have been whipsawed as Lujan Grisham’s administration suspended its reopening of the economy in mid-July — and put a halt to indoor dining — in response to a wave of COVID-19 infections and deaths that has relented in recent weeks. A handful of states,

including California and New Jersey, currently prohibit indoor dining as a temporary safeguard against the spread of COVID-19. An attorney for the New Mexico restaurant industry told justices Wednesday the state is effectively placing restaurant workers and customers under quarantine, without providing any process for public comment or redress. “It’s fully possible that a month from now orders will be issued again to completely close indoor dining,” said Angelo Artuso, an attorney representing several restaurants and the New Mexico

Restaurant Association. He also called the scientific basis of the orders “far from conclusive.” But attorney Matthew Garcia, representing the governor and state Health Department, said ongoing emergency restrictions are warranted in the context of a once-in-a-lifetime pandemic and state statutes governing health emergencies. The law’s intent “is to recognise that the interests of business sometimes are outweighed by the interest in saving people’s lives,” he said. The court case began as a standoff between state environmental regulators

THE WEATHER REPORT

5-Day Forecast

TODAY

ORLANDO

High: 93° F/34° C Low: 76° F/24° C

TAMPA

FRIDAY

SATURDAY

SUNDAY

MONDAY

Partly sunny, a t‑storm in spots

Partly cloudy, a t‑storm in spots

Clouds and sunshine

Partly sunny

Some sun with a thunderstorm

High: 91°

Low: 81°

High: 91° Low: 80°

High: 91° Low: 79°

High: 90° Low: 79°

High: 89° Low: 78°

AccuWeather RealFeel

103° F

90° F

103°-90° F

102°-89° F

102°-87° F

101°-87° F

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

almanac

ABACO

High: 87° F/31° C Low: 83° F/28° C

7‑14 knots

High: 91° F/33° C Low: 79° F/26° C

6‑12 knots

FT. LAUDERDALE

FREEPORT

High: 91° F/33° C Low: 82° F/28° C

N E S

WEST PALM BEACH

uV inDex toDay

TONIGHT

High: 92° F/33° C Low: 78° F/26° C

High: 90° F/32° C Low: 83° F/28° C

MIAMI

High: 92° F/33° C Low: 81° F/27° C

6‑12 knots

Statistics are for Nassau through 2 p.m. yesterday Temperature High ................................................... 88° F/31° C Low .................................................... 77° F/25° C Normal high ....................................... 89° F/31° C Normal low ........................................ 76° F/24° C Last year’s high ................................. 88° F/31° C Last year’s low ................................... 80° F/26° C Precipitation As of 2 p.m. yesterday ................................. 0.04” Year to date ............................................... 38.39” Normal year to date ................................... 24.19”

ELEUTHERA

NASSAU

High: 91° F/33° C Low: 81° F/27° C

High: 88° F/31° C Low: 82° F/28° C

KEY WEST

High: 90° F/32° C Low: 83° F/28° C

High: 87° F/31° C Low: 81° F/27° C

6‑12 knots

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

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

3:23 a.m. 4:08 p.m.

2.7 3.3

9:35 a.m. 0.5 10:41 p.m. 0.9

Friday

4:30 a.m. 5:10 p.m.

2.6 3.3

10:40 a.m. 0.6 11:42 p.m. 0.8

Saturday

5:32 a.m. 6:07 p.m.

2.7 3.3

11:40 a.m. 0.6 ‑‑‑‑‑ ‑‑‑‑‑

Sunday

6:27 a.m. 6:57 p.m.

2.8 3.4

12:37 a.m. 0.8 12:34 p.m. 0.5

Monday

7:16 a.m. 7:42 p.m.

2.8 3.4

1:24 a.m. 1:23 p.m.

0.7 0.5

Tuesday

8:00 a.m. 8:22 p.m.

2.9 3.4

2:06 a.m. 2:08 p.m.

0.6 0.5

Wednesday 8:41 a.m. 9:00 p.m.

3.0 3.3

2:44 a.m. 2:49 p.m.

0.6 0.5

sun anD moon Sunrise Sunset

6:49 a.m. 7:33 p.m.

Moonrise Moonset

3:37 p.m. 1:30 a.m.

Full

Last

New

First

Sep. 2

Sep. 10

Sep. 17

Sep. 23

CAT ISLAND

and Jalisco Cafe in Silver City over its alleged refusal to cease indoor dining service despite sanctions and a permit suspension. Other businesses entered the fray: K-Bob’s Steakhouse restaurants in Raton and Las Vegas, Trinity Hotel in Carlsbad, the Red River Brewing Co in Red River — as well as the New Mexico Restaurant Association. New Mexico is faring better against virus infections than neighbouring Arizona and Texas.

ANDROS

SAN SALVADOR

GREAT EXUMA

High: 87° F/31° C Low: 81° F/27° C

High: 89° F/32° C Low: 82° F/28° C

W S

LONG ISLAND

tracking map

High: 87° F/31° C Low: 80° F/27° C

6‑12 knots

MAYAGUANA High: 88° F/31° C Low: 82° F/28° 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: 82° F/28° C

H H

High: 87° F/31° C Low: 81° F/27° C

GREAT INAGUA High: 89° F/32° C Low: 82° F/28° C

N E

7‑14 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 SE at 6‑12 Knots SSE at 4‑8 Knots SE at 6‑12 Knots SE at 6‑12 Knots ESE at 6‑12 Knots ESE at 6‑12 Knots E at 7‑14 Knots E at 8‑16 Knots ESE at 6‑12 Knots SE at 4‑8 Knots SE at 6‑12 Knots S at 6‑12 Knots SE at 6‑12 Knots ESE at 6‑12 Knots E at 7‑14 Knots E at 8‑16 Knots ESE at 7‑14 Knots E at 7‑14 Knots ESE at 7‑14 Knots E at 7‑14 Knots SE at 6‑12 Knots SE at 6‑12 Knots E at 7‑14 Knots E at 8‑16 Knots SE at 6‑12 Knots ESE at 6‑12 Knots

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

VISIBILITY 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 7 Miles 10 Miles 6 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles 10 Miles

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