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Showing posts with label The Bahamas. Show all posts
Showing posts with label The Bahamas. Show all posts

Friday, January 27, 2023

The Bahamas Immigration Minister Keith Bell resists United Nations - UN call to suspend deportations to Haiti as Haiti's crisis deepens

The Bahamas Immigration Minister Keith Bell resists UN call to suspend deportations to Haiti as situation spirals out of control


“Haiti has political instability, economic deprivation, and complete social collapse.  So you are talking about a myriad of challenges and problems.  That problem can only be addressed at the international level and so it isn’t a matter of frustration



Bahamian Immigration Minister Keith Bell
DESPITE calls from United Nations officials to suspend deportations to Haiti, Immigration Minister Keith Bell said The Bahamas has “a job to do” to ensure that officials protect the country for Bahamians.

The Bahamas is facing an influx of Haitian migrants.  However, United Nations Secretary General António Gutierrez on Monday called on governments to consider halting deportations as the situation there spirals out of control

Speaking on the sideline of a Labour on the Campus event, Mr Bell recognised the duty of the secretary general, but made it clear what the government has to do.

“The United Nations obviously they seek to ensure that there is harmony, there’s unity among all nations, so obviously that is his job.  We in The Bahamas have a job to do to ensure that we protect The Bahamas for Bahamians.  It’s as simple as that.  The Bahamas as all governments have consistently said we cannot absorb these persons who come in The Bahamas illegally,” he said.

“If you want to come to The Bahamas as a tourist or want to work, then there is a process.  If you follow that process, you may be granted access to The Bahamas.

“If you come here illegally and unlawfully, then, of course, there has to be swift justice.  We will not tolerate, nor will we support reasonably anyone coming into The Bahamas from undocumented or illegal means you will stay in the jurisdiction you will be deported.”

He also shared doubts that The Bahamas would sign on to provisions allowing for free movement when asked about CARICOM’s freedom of movement or labour within the region.

“I know you’re talking about a treaty – I think the Treaty of Chaguaramas and the (free) movement of people through the Caribbean.  The government of The Bahamas, both PLP and FNM, has consistently not signed on to those specific provisions.  I do not foresee in the very far future that we’re going to support a free movement throughout this country of anyone.”

Prime Minister Philip “Brave” Davis said the crisis in Haiti poses a substantial threat to The Bahamas due to an increase in irregular migration.

He spoke earlier this week at the opening session of the heads of summit meeting of the Community of Latin American and Caribbean States (CELAC) in Buenos Aires, Argentina.

During his remarks, Mr Davis stated: “With the support and leadership of Haiti, collectively, we can, through CELAC and other regional organisations, help Haitians build a path out of crisis.”

Asked if there was frustration with the international community over addressing Haiti’s issues, the labour minister listed some of the factors that needed to be considered when helping countries.

“I will not say it there is frustration and you would have seen all around the world where first world developed countries, superpowers go into these countries where they need help — where there is a genocide or there is this civil war and the like.  When you go into these countries you have to ensure first of all, what is your objective?  What are the objectives of you going in?  And what would be your exit strategy?

“Haiti has political instability, economic deprivation, and complete social collapse.  So you are talking about a myriad of challenges and problems.  That problem can only be addressed at the international level and so it isn’t a matter of frustration.

“It’s just a matter of how we’re going to address these issues and challenges and then determine how we can help, but Haiti has 12 million people, The Bahamas cannot under no circumstance, support any illegal and unlawful entry of persons from Haiti and that has extended to Cuba where we’ve had an exponential growth in illegal migrants coming from that country. We will not tolerate it.”

Wednesday, January 18, 2023

The Bahamas Prime Minister Philip 'Brave' Davis brings focus on Illegal migration and gun trafficking to meeting with US Vice President Kamala Harris

The United States reaffirmed their commitment to strengthening partnerships with The Bahamas, and the nations and peoples of The Caribbean

As Chairman of CARICOM, the Bahamian Prime Minister believes it is important for the United States and other partners in the hemisphere to support Haitian-led efforts to stabilize that country and find a path forward out of crisis



The Bahamas Prime Minister Philip 'Brave' Davis meets and US Vice President Kamala Harris meets
Washington, DC - January 17, 2023 – Prime Minister Philip 'Brave' Davis met earlier today with US Vice President Kamala Harris at The White House to discuss a number of issues facing The Bahamas and the wider Caribbean region.

The United States reaffirmed their commitment to strengthening partnerships with The Bahamas, and the nations and the people of The Caribbean.

In discussing items relating to our bilateral relationship, the Prime Minister and the Vice President emphasized the importance of both strengthening efforts to combat illegal maritime migration and reducing the flow of guns illegally entering The Bahamas from the United States.

The Prime Minister also raised the importance of reinstating pre-clearance facilities in Grand Bahama, a critical step to support the island’s economic recovery.

The discussion widened to cover a number of regional issues, including food and energy security, and efforts to combat climate change.

As Chairman of CARICOM, the Prime Minister believes it is important for the United States and other partners in the hemisphere to support Haitian-led efforts to stabilize that country and find a path forward out of crisis.


Source

Tuesday, May 17, 2022

Understanding The Significance of The United States Game Against The Bahamas and Cuba

Cuba Hero JOSE  MARTI
CUBAN STORY - JOSE MARTI


“Deo adjuvante, non timendum.”
“With God as My Helper, I have nothing to fear”


We Must Ensure that the United States of America Does Not Create Confusion in The Bahamas Relationship with the Republic of Cuba


By Dr Kevin Alcena

Unlike men with political ambition, Jose Marti was a man with political ambition with a difference: a difference that propels a political activist, poet, journalist and teacher to attain national heroic status in the Republic of Cuba. Born in 1853, Jose Marti became a known activist against established foreign institutions and powers that dominated Cuba. He suffered and labored for the people - notwithstanding the level of oppression by colonial powers against him and his people.


No wonder he wrote that "Men of action, above all those whose actions are guided by love, live forever. Other famous men, those of much talk and few deeds, soon evaporate." His love for his people is immeasurable and profound, without form and shape and not bounded by any potential personal gain.


Jose Marti’s dedicated and zealous pursuit of freedom resulted in many incarceration with authorities right from an early age of 17 when he was exiled to Spain for being vociferously against the colonial rule suppression of the people of Cuba. and exploiting the natural resources of Cuba. Jose Marti selflessly took up the task of educating the people of Cuba to contradict the political system of the colonial powers in order to raise awareness with the generality of the people of Cuba to stand up for their rights. He used his expertise in poetry, and journalistic edge to advance his fight for the freedom of the Republic of Cuba from foreign domination.


Most interestingly, Jose Marti was very plain in denouncing the lack of spirituality and arrogance in the colonial powers’ approach to the manipulation of Cuba. He was strongly in support of democratic principles that will provide and assure ordinary Cubans the greater national security, respect of dignity of being a Cuban.


His zeal for the development of Cuba and freeing Cuba from the domination led him to leave the shores of the US (where he had flee to avoid the retribution of colonial masters) to join the war in Cuba for the independence of Cuba. Jose Marti was a man with courage to leave his comfort in the US to fight for his people without concern of his personal safety, but with vision of the future of the free Republic of Cuba.


Against advice from friends and well-wishers for his welfare and safety and his lack of military training, Jose Marti valiantly went to Cuba to fight the war in favor of his beloved country, which resulted in his death. This conforms to his philosophy that "just as he who gives his life to serve a great idea is admirable, he who avails himself of a great idea to serve his personal hopes of glory and power is abominable, even if he too risks his life. To give one's life is a right only when one gives it unselfishly.”


Jose Marti was one of the most prolific writers in the Hispanic world that helped to transform Cuban arts and cultures. He was a man of great ideas and philosophy that was ahead of his peers.


His vision and thoughts were innovative and constructive to help the development of democracy in Cuba, as he wrote in one his famous quote that ”like stones rolling down hills, fair ideas reach their objectives despite all obstacles and barriers. It may be possible to speed or hinder them, but impossible to stop them."


The Bahamas is not torn between the United States and the Republic of Cuba regarding the two Doctors detained at the Carmichael Detention Center. The Bahamas is a country of law and order and is signatory to international treaties with various countries such as the United States and Cuba, and the government has the obligation to uphold these treaties. The two Cuban Dentists should be prosecuted and fined for entering The Bahamas illegally, regardless of the fact that they are Cubans and have resident documents enabling them to reside in the United States.


We must be very careful with the United States, because they are the ones that brought these two Cubans to The Bahamas detention centre. We have to ensure that the US does not use this strategy to create confusion in our relationship with the Republic of Cuba.


If we comply with the US requirements to send the two Cubans to the US, we would be breaking the treaty between The Bahamas and Cuba, and in addition, it will result in mass travel illegally through The Bahamas by Cubans who have US visas but without Cuban exit permits that would allow them to leave Cuba legally.


In the views of Jose Marti, “the struggles waged by nations are weak only when they lack support’…wisdom and the ability to insist on agreement as guided by treaty between the Bahamas and Cuba. We must not forget that Cuban delegates were kicked out by US imposed conditions to a Sheraton Hotel in Mexico as a result of the US Helms-Burton Act. These Cuban gentlemen were minding their legitimate business, but the hotel was threatened to be fine up to $300,000 against the Hotel for accepting these Cuban delegates.


This is not political - it's perversity. It is not even the Superego judging the Ego. It is our own capacity for hate, increasing until it becomes a kind of compulsion - neurosis where reverence and destruction alternate and we reverently destroy. We falter and faint and deny him thrice. We develop sympathy at the expense of loyalty. I don't like it. It just ain't right.
Where is the outcry? We have become silent spectators, eagerly awaiting our daily dose of public scandal, noisy expulsions and excommunications.
''A man must swallow a toad every morning if he wishes to be sure of finding nothing still more disgusting before the day is over.'' (Morley)
We must stop this. It's not right. There is no honour in this battle. There is no dignity in this death. There are no victors on this battleground of shame. Only a man with the shield of Perseus against the ghosts of character assassination. ''Whatever you blame, that you have done yourself.'' (Groddeck) There is no hate without fear. Hate is the consequence of fear. We hate what we fear and so where hate is, fear is lurking.


We must stop this moth-and-candle preoccupation with hate, this triumph of resentment, this abuse of intellect, this perversion of the heart that obliterates our knowledge of the purpose of life; that denies the God within us, wantonly exterminated. I don't like it. It just ain't right.

The world failed to respond to this abhorrent issue, neither did Wall Street or any major US authorities. According to E. M Forster: ”if I had to choose between betraying my country and betraying my friend, I hope I should have the guts to betray my friend”. It is imperative that our Cabinet Minister understand the significance of this game that the American has instigated against The Bahamas and Cuba. Let’s not forget that our greatest friend is our greatest nightmare: that is the United States of America. They enjoy the art of propaganda and manipulation.


As President Fidel Castro said in an address on the celebration of the 51st Anniversary of the Attack on the Moncada and Carlos Manuel de Cedspedes Fortresses, “I shall address a sinister character that keeps threatening, insulting and slandering us. This is not a whim or an agreeable option; it is a necessity and a duty”.

Wednesday, October 22, 2014

Wake-up My Bahamian People!

The Bahamas: A Perfect Financial Storm Brewing in Tourism Paradise


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By Norman Trabulsy Jr.

The Bahamas is entering a period for which I see a Perfect Storm gathering, and this is unfortunate. A Perfect Storm comes about when a number of factors synergize to exacerbate what would otherwise be a mildly disruptive event. Although a number of other supporting realities strongly buttress my view, for the sake of brevity I will base my analysis and prediction of a Perfect Storm on the following.

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Implementation of a value-added tax (VAT)

It does not take a Sherlock Holmes to figure out who owes hundreds of millions of dollars to the Bahamian government in uncollected property taxes. Value-added tax is being implemented because the government has failed in its job and been unable, or unwilling, to collect even half of the taxes it is owed. The VAT is a consumer-based and regressive tax, meaning that it hits the poorest the hardest.

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The estimated revenue from the VAT assumes that the economy will remain roughly at its current level. I strongly suggest that the Bahamian economy will take a very hard hit for several years due to the high cost of VAT compliance, higher prices, fraud, and the overestimate of the tax revenues to be collected, causing the government to further tighten its belt, all contributing to a dangerous shrinking of the economy. This: before the risk of any hiccup in the tourism sector, which accounts for 80 percent of The Bahamas’ gross domestic product (GDP). It is rather naive to suggest that the tourism sector is immune to rising prices, when survey after survey show that the No. 1 complaint of tourists is high prices. Sun, sea and sand have a value, but there is a limit, and we are pushing it.

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Legalization and proliferation of gambling web shops

In The Bahamas, a social epidemic of gambling appears to be a symptom of the larger desperation of being unable to make a decent living and provide for one’s family by holding an average job. But more on that later. I predict that the net effect of a proliferation gambling web shops will be a continued drain on the real economy and an increasing transfer of monies into the hands of web shop owners. The health of an economy is based on the amount of money that freely circulates within it. As more money leaves the real economy via the web shops, the net result is unarguable: a rapid and decisive transfer of wealth into the pockets of those who produce nothing.

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A software designer for some of the web shops told me that, for every winner, there are 8,000 losers. Ponder these odds for a moment. I live on a small family island, and I have paid attention to this matter for nearly a decade. I cannot count the times Bahamians who do not gamble have said to me, “These web shops are going to take this country down.” Perhaps they say this because, like me, they have seen the dashed hopes, the unfinished houses, the children whose lunch moneys were squandered by their parents’ spinning, and the money leaving this small island on a weekly basis that could have gone to so many worthy causes and needs. The language should be more honest: gambling is not an industry, it is a Ponzi scheme, and it should be called what it is.

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Downgrading of the credit worthiness of The Bahamas by Moody’s

Moody’s recently downgraded the credit worthiness of the Bahamas due to the unlikely probability that it will reduce its 50 percent debt-to-GDP ratio. We are unlikely to do this because for the past 10 years our country has only grown by six percent, and we continue to borrow more money. Moody’s rightfully wonders where the government will find the money to pay off its increasing debt. The prospects are bleak. I liken this situation to the following conversation. A friend comes to me and says, “You owe me $500 today.” I ask, “Why is that?” He answers, “Because 50 years ago your grandfather borrowed $500 from my grandfather and he said you would pay me the $500 your grandfather owed him.” Who doesn’t think this is absurd? Yet, what do the Progressive Liberal Party (PLP) and Free National Movement (FNM) do each year to the citizens of The Bahamas? How is this any less absurd than what our well-educated economists, politicians and lawyers are proposing to us today? When politicians take out these big loans, with interest, who winds up paying for them?

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State of the global economy

Not enough honest people have spoken out about the implications of what the major players in the financial sector and government officials have been doing. Since the global financial crisis in 2008, the United States in particular, has pumped trillions of taxpayers dollars into the banks and financial institutions there and around the world, in an attempt to “save” the economy that was put in danger by, you guessed it, the banks and financial institutions. Soon the consequences of this policy will become yet more apparent in rising inflation, increasing inequality, and a greater impoverishment for most of humanity. Any prudent government would have, after assessing the crisis and its causes, broken up the largest of banks and nationalized those that had done the most harm to society.

IMF Photograph

The largest banks, financial institutions, and here in The Bahamas even the web shops, have completely captured our politicians and the political process. Consider the phrases: Too Big To Fail and Too Big to Jail. Justice has become lopsided and no longer applies to the rich and powerful. This is the reality today throughout the world, and it is contrary to any concept of democracy. The people of The Bahamas said “No” on the referendum regarding web shops. Yet, what did our Prime Minister do? Who do the politicians really work for? Does democracy exist in The Bahamas, or anywhere? Answer honestly. Now, what are you going to do about it?

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Increasing poverty rate in The Bahamas

The realities about poverty in The Bahamas are probably worse than the government statistics suggest. For an indicator of the real state of our economy and the hurdles that must be overcome to change our course, speak to any social service worker. They will tell you that they are seeing an increasingly depressed, despondent and hopeless people who come for assistance. Yet the government is cutting back on social services to balance the budget, so that there will be even less resources to help the rising numbers of people who need them. The economic considerations are in themselves sufficient cause for concern, but it is also reasonable to expect that, as the poverty rate increases, the crime rate will increase, and public safety, the quality of life and tourism will decline.

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Increasing emphasis on the “financial services industry”

The so-called financial services industry is the second largest contributor to the GDP of The Bahamas, after tourism. It is not an industry but a scheme to attract people who don’t want to pay taxes in their own countries and need a place to hide their money. The Bahamas levies no income tax, no corporate tax, no inheritance tax, no capital gains tax, and it seems that property taxes are very low and not collectable. The money to run the government comes, for the most part, from the working people of The Bahamas. The rich pay a minuscule percentage of their incomes to live in paradise: sort of like going to Disney World for free.

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If the tax policies here in The Bahamas actually created an incentive for investment, an improvement in the job market, and a healthy economy, wouldn’t there be better results after all these decades of such policies? Instead, our politicians, lawyers, bankers, the financial services representatives, all of them, have become beholden to big money. Who, in their right mind, can possibly say that things here and around the world are going well and that the future looks bright for most of the world’s people? The “financial services industry” produces little to improve the lives of ordinary people. There is no reason to give the rich a free ride in this country; the benefits of living here are too great to be given away for free. I say: make them pay their fair share. The Bahamian people need to stand up and call for these changes, because not one person in the government has the guts to tell it like it is.

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Aspiration to join free-trade organizations

Generally speaking, free trade in today’s world is a way for transnational companies to subvert a county’s legal system and destroy its sovereignty. The result of almost every modern free-trade agreement has been the destruction of a country’s agricultural and manufacturing base and its replacement by highly subsidized foreign corporate ownership, gutting of environmental laws and crushing of organized labor. Any complaints and lawsuits must now be handled by an extra-judicial group of corporate lawyers with loyalties to big business. This idea of The Bahamas joining these free-trade agreements will only further the interests of those businessmen, lawyers and politicians who are pushing them. They will not help the tourist economy or manufacturing economy of The Bahamas or create more and better jobs for Bahamians. These issues must be known to the Bahamian people before our politicians sell this country out from under our feet.

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Lack of leadership

Anyone old enough to remember, or who has gone to YouTube to hear, the words of Martin Luther King Jr. understands that we have no statesmen in this world today. Do not be duped by the words of the first African-American US President. He is not even worthy to stand in the shadows of MLK Jr. Listen to the words of our own politicians in The Bahamas: mere words, poisonous words, for they are meant to trick us into believing that they have our interests in mind. Nowhere in the world is there a leader with the integrity, honesty, courage and fortitude required to govern. Each and every one is beholden to the moneyed interests in the world today. I have heard the expression, “We get the government we deserve.” If this is true, I am saddened by where we are as a people. If we can rise up, and create a better society, it is time to do so. Let us get rid of the charlatans, the spineless, the greedy, the dishonest and egotistical excuses for public servants that we now have. This isn’t about one political party or another. Wake up people! I believe we are staring a Perfect Storm in the face. It is up to us to do something for ourselves to avoid the impending crisis.

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Editor’s Notes: Norman Trabulsy Jr. is an expecting father, restauranteur, sailor, captain, carpenter and naturalist living in The Bahamas. His writing generally focuses on environmental issues concerning tropical marine ecosystems and economics.

Photographs one, four and nine by Thomas Hawk; two, five and fourteen by Albyan Toniazzi; three and ten by Susan; seven and thirteen by Bruce Tuten; eleven and twelve by Shutter Runner; six by Jordon Cooper, and eight from the IMF archives.

Oct 13, 2014

News Junkie Post

Sunday, April 27, 2014

‘Significant’ Rise In Syphilis Cases in The Bahamas ...and other Caribbean countries

‘Significant’ Rise In Syphilis Cases



By KHRISNA VIRGIL
Tribune Staff Reporter
kvirgil@tribunemedia.net
Nassau, The Bahamas
 


THE number of syphilis cases among other reported instances of Sexually Transmitted Diseases (STDs) is on the rise in the Bahamas, said Ministry of Health officials yesterday.

According to Larry Ferguson, Coordinator of Sexually Transmitted Infections (STIs) at the Ministry, the incidence of persons who contracted syphilis since 2010 is concerning, especially among younger people.

Prior to 2010 the older population, in some cases those up to 80 or 90-years-old, were the front runners in statistical data, Ms Ferguson said. However, as more young people contract syphilis, healthcare professionals believe there is substantial mixing in sexual activity between both age categories. 

Ms Ferguson was not able to give the specific numbers of increase in syphilis cases since 2010 but she insisted that there was no doubt that the rise was significant. She said the same has been found in other Caribbean countries.

She noted that the groups most at risk in recent times were men who have sex with men (MSM’s) along with the unemployed and underemployed.

“We know that for the longest time,” Ms Ferguson said, “we have been seeing chlamydia more than any other infection. But even though we are seeing a large number of chlamydia more than any other infection chlamydia cases are going down.

“However we are seeing an increase in syphilis. That is the one thing that we are concerned about. What we find for syphilis, not specifically 15 to 24 age range even though they are included, is prior to this time we always saw syphilis in our older population. Just now we are having syphilis in that population which is a concern and tells us that there is a mixing of the two.

“Unemployed persons who engage in transactional sex, they don’t call themselves commercial sex workers, they just have sex for things. That group is at high risk because quite often if you are going to have transactional sex the other person might not want to use a condom. ‘You want the money, I want the sex so you have to go on my terms’ and that’s one of the reasons why they are at high risk.

“Men who have sex with men, in many cases you have a group and they stay amongst themselves. So if one has syphilis and is intermingling it is more likely that it will spread. But with this group there are persons in the group who take the initiative to ensure that other group members get care and come for testing and necessary treatment.”

Ms Ferguson was speaking to reporters during the Ministry of Health’s first STD Awareness Symposium where scores of health professionals gathered under the theme “Talk, Test, Treat”.

With the rise in cases, the Ministry of Health runs ongoing awareness programmes to sensitise the public of the risk factors involved with unprotected sexual activity.

April 25, 2014

Wednesday, October 30, 2013

Why has banking in The Bahamas become such an ordeal and so dysfunctional?

Our dysfunctional banking system

Consider This...


PHILIP C. GALANIS
Nassau, The Bahamas


The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another. – Milton Friedman

Once upon a time, banking in The Bahamas was a relatively pleasant experience.  One could meet with a banker, solicit prudent financial advice and, with relative ease, obtain a loan to start or expand a business, purchase a home or a car and even address challenging financial matters facing the customer.  But that was a very long time ago and today, that has all changed.  Therefore this week, we would like to Consider This… why has banking in The Bahamas become such an ordeal and so dysfunctional?

What has changed?

Following the blacklisting of The Bahamas by the Organisation for Economic Co-operation and Development and with the passage of the compendium of financial services legislation in 2000, The Bahamas entered a new banking era, one that was characterized by over-regulation by the Central Bank and a private sector gestapo-like gatekeeper, nominally called the bank compliance officer.

This relatively new bank compliance officer that has recently emerged has rapidly joined the ranks of threats to the progressive development of our financial services sector by imposing extraordinary and often ridiculously rigid requirements on prospective customers, some of whom have had long-standing relationships with their banks.  Like many faceless bureaucrats, it appears as if some compliance officers take a delight in thwarting positive bank-customer relationships.  Instead of seeking to find a happy medium between due diligence and sensible regulation, the insistence on some of their non-negotiable requirements seems to be a zero-sum exercise.  Banking in The Bahamas could be an experience where everybody wins.  However, recent experiences have resulted instead in chasing business away from the jurisdiction.

Some examples

Many persons who bank in The Bahamas have experienced those institutions imposing stringent reporting requirements over the past few years.  Long-standing customers complain about banks requiring them to provide excessive information on a regular basis, even though much of the same information requested has previously been submitted.  Equally vexing is requiring customers to provide the same information if they wish to open new accounts at the same bank, notwithstanding that they have operated an account or various accounts for many years.  Some customers complain that they are treated like strangers at best and criminals at worse just to open new accounts.

This writer recalls a recent frustrating experience of opening a bank account to service a client which took more than a month, despite providing all the information that was requested by the compliance officer at the bank.  The client became so frustrated with the constantly changing additional requirements of the Compliance Department that the person gave up on The Bahamas and this writer had to open an account in a major New York bank in order to satisfy the client’s needs.  It took exactly one week to complete the account opening procedures in New York, the same procedures that took over a month in The Bahamas, and the Bahamian bank still has not yet opened the account.  The frustrated client wrote: “I thought that The Bahamas was a very investor-friendly jurisdiction.  I simply don’t understand why it’s so difficult to open a bank account there.”  The client, a major South American multinational, reputable company with banking relationships all over the world, had intended to transfer millions of dollars to The Bahamas for management here, but that business and those funds will now move to New York.  We believe that this experience is replicated many times each week.

It is unfortunate, but reasonable, to assume that these harmful practices are allowed to persist with the full knowledge and complicity of some of the banks whose head offices are located in North America, principally in Canada.  While those banks have significantly contributed to the national job market here, they have invested very little in The Bahamas, compared to the enormous profits that they earn in our country.  The unfortunate fact is that too many of our Bahamian bankers have become nothing more than glorified paper pushers with impressive job titles but very little authority.  Sadly, they seem determined to frustrate their customers, domestic and foreign.

The fallout

The short- and long-term consequences of the attitude of some compliance officers are that the jurisdiction is fast becoming an increasingly difficult and undesirable place to do business.  Considerable losses are resulting from this behavior on the part of some Bahamian bankers.  Not only are we losing an enormous amount of banking business, we are also losing legal and accounting fees and government taxes because of the attitudes of some compliance officers in Bahamian banks.  In fact, some Bahamian professionals are now advising their clients to incorporate and bank in another jurisdiction and not to conduct business in The Bahamas because of the inordinately difficult and ridiculously rigid scrutiny to which they are subjected.  And the word is rapidly spreading internationally.

The implications for our financial services sector are ominous.  If we are not careful, we will experience a larger number of banks leaving The Bahamas because of the over-regulation of the jurisdiction and the generally unfriendly attitude of some bankers.  This cannot be a positive development.  It is therefore critically important to arrest the behavior of some of our banks and to change the harmful attitudes of their compliance officers.

Conclusion

It is ironic that a large Bahamian delegation is presently in the United Arab Emirates on a business promotion trip, encouraging high-net-worth individuals and businesses to establish their businesses here.  Therefore, while this delegation is doing all it can to encourage business to come to our shores, here at home we seem to be doing little to make it easy for them to actually conduct business should they decide to invest here.  If we are not careful, and if we do not arrest the negative attitude by some of our banks and compliance officers, there will be little need to have a Ministry of Financial Services.  Instead of the influx of business that we need, we will experience the exodus of sound businesses from our jurisdiction.

As a part of the global village, we need to remember, in the words of Milton Friedman, the famous United States economist, that business activity, including banking, does not have to be a zero-sum experience where one party can gain only at the expense of another.

• Philip C. Galanis is the managing partner of HLB Galanis & Co., Chartered Accountants, Forensic & Litigation Support Services.  He served 15 years in Parliament.  Please send your comments to pgalanis@gmail.com.

October 28, 2013

thenassauguardian

Saturday, August 31, 2013

Political ineptness in The Bahamas... ...

Rights and wrongs of Cuban migrant dispute


By Front Porch
frontporchguardian@gmail.com
Nassau, The Bahamas


Last week was settling into another stretch of bad news for the inept and faltering Christie administration. Suddenly, on Thursday, Opposition Leader Dr. Hubert Minnis handed a government in a defensive crouch a line of offense, an unexpected opening to attempt to switch the storyline from that of its gross incompetence to one of Dr. Minnis’ patriotism.

With the announcement of its trading places two-step, swapping the placements of ambassadors to the U.S. and the UN, the bungled appointment of Dr. Elliston Rahming neared a sort of climax, though leaving serious unanswered questions, the government on its heels, looking amateurish and incompetent.

Of alleged abuse of Cuban migrants at the detention center and the domestic and international fallout from what is now widely acknowledged as a fake video of the alleged abuse, the government seemed stuck in Goldilocks mode with Foreign Affairs Minister Fred Mitchell often too hot in his rhetoric and Prime Minister Perry Christie too cool when it came to taking charge of the matter.

The opposition was left with two prime opportunities to flex its policy and political muscles. First, continuing to hammer away at the ambassadorial appointment fiasco.

Secondly, in the vacuum left by the government’s too cool indecision and too hot impetuousness on the Cuban migrant issue, Dr. Minnis had a golden opportunity to get it just right on a contentious matter at the intersection of domestic and foreign policy.

Tone-deaf

Prudence and good judgment are synonyms for getting it just right. Gifted by events with the opportunity to demonstrate prudential judgment, Dr. Minnis proved to be foolhardy and tone-deaf.

Effective communication involves not just what one intends to says. More importantly, it concerns what others hear you to say and what they don’t feel they have heard.

There are multiple issues related to the current Cuban migrant affair. Dr. Minnis and the opposition are right in vigorously pressing for the full disclosure of any abuse at the detention center.

But what has been sorely lacking in the opposition’s response is a more comprehensive approach. That approach should have included a clearer message reaffirming the opposition’s support of basic immigration policy relative of migrants.

More so, the opposition needed to be more emphatic in demonstrating national unity in the face of those seeking to scuttle our immigration policy, run roughshod over Bahamian sovereignty and inflict damage to our tourist-based economy.

Dr. Minnis’ failure to ensure the proper sequencing and calibration of the FNM’s messaging left the opposition open to severe criticism. And it has been withering, from charges of recklessness to failing to stand up for the country.

While Dr. Minnis may not have shown the best judgment in handling the complex of issues at hand, attacks on his patriotism and that of the opposition are ridiculous and offensive.

Mitchell is no more of a patriot than Dr. Minnis. And vile and contemptuous are claims by some that various of Dr. Minnis’ remarks were treasonous; which is not to say that such attacks are ineffective.

In his handling of the Cuban migrant issue, Foreign Affairs Minister Fred Mitchell has often proven imperious, rattled, undiplomatic, bellicose and belligerent.

Understatement

The Opposition and others are justified in criticizing various elements of his conduct of the matter at hand, as minister responsible for both foreign affairs and immigration. Mitchell himself has admitted that matters could have been handled better. Which of course is an extraordinary understatement.

By failing to act quicker and in a more forthright manner in addressing the abuse claims, the government helped provide fodder to the Florida-based interest group Democracy Movement, endlessly itching for any opening to attempt dictating Bahamian immigration policy to their liking.

As an aside, by interfering in domestic politics in calling for the resignation of Minister Mitchell, the interest group again demonstrated its unbridled arrogance. Imagine how out of bounds it would be for a Bahamian group to call for the resignation of a federal U.S. Cabinet member.

Now Prime Minister Perry Christie is hemming and hawing about whether information will be provided to the public on abuse at the detention center, abuse that is said to be quite gruesome and sickening.

When will politicians learn that covering up certain matters makes a bad situation even worse. The information should be released as soon as possible. Failure to do so will fuel more demonstrations and potential international fallout. Meanwhile the credibility of the Christie administration continues to dwindle.

Amidst its prevarication, ineptitude and bungling, the government has seized the politics of nationalism and the politics of empathy, something Dr. Minnis, thus far, has gotten wrong to the amazement and consternation of many, including many FNMs.

The FNM has often gotten wrong the politics of nationalism and the politics of empathy, despite its record of protecting the country’s national interests and better record than the PLP in areas ranging from social policy to economic empowerment to women’s rights.

Pretending

And yet the FNM has consistently allowed the PLP to get away with pretending to be the more nationalist and empathetic party. A part of the PLP’s winning combination in 2012 was to appear as the feeling party that also put Bahamians first.

In politics, empathy typically beats arguments of competence and effectiveness. And nationalism is usually a trump card, something that many in the FNM seem unwilling to learn.

The PLP’s claim of being more nationalistic than the FNM is laughable and far from credible given its record of allowing drug barons to overrun the country in the 1980s, its dalliances with all manner of shady foreign interlopers, the massive giveaway of land at Mayaguana, clear conflicts of interest by the Prime Minister and Deputy Prime Minister with a foreign oil exploration company, and many other examples.

But when Dr. Minnis failed initially and more clearly to express common cause with the government in the face of certain attacks from abroad, it made the FNM seem less empathetic and nationalistic than the PLP on an issue necessitating a demonstration of national unity.

This is yet another blunder by Dr. Minnis, who has now demonstrated an entrenched pattern of misjudgement and shockingly poor judgment.

Increasingly more and more Bahamians and FNMs are concluding that Dr. Minnis is far from up to his current role, which is disheartening as the country desperately needs a more prudent and capable opposition leader who can mount a more effective opposition to a feckless and disaster of a government that is the Christie administration.

In the end, the Cuban migrant affair is not about the opposition’s response. It is about whatever abuse may have taken place at the detention center and the government’s response in getting the facts out and taking appropriate action in a timely manner.

Further, it is the prime minister and his Cabinet who are ultimately responsible for acting appropriately or with “gross stupidity”, negligence and arrogance in handling the domestic and foreign policy elements of this entire affair.

August 29, 2013

thenassauguardian

Tuesday, June 11, 2013

...the future of The Bahamas

The young and unemployed




The Nassau Guardian Editorial
Nassau, The Bahamas



On May 7, 2012, many young Bahamians exercised their right to vote in an election for the first time.  But it is this generation lured by promises of a better Bahamas that continues to suffer the consequences of continually failing government policies.  The Bahamas has an overall unemployment rate of 14 percent that surges to nearly 31 percent for those between the ages of 15 and 24.

It is this generation of discouraged Bahamians who asks where are the promised 10,000 jobs?  The government’s answer: An inadequate campaign to expel domestic staff in the pursuit of a so-called Bahamians first policy.  Surely, the government can do more to inspire, develop and meet the career aspirations of our children?  To the misfortune of our young, simply being Bahamian will neither improve educational aptitude, nor professional qualifications.

Spending on education has not doubled as promised.  Repeatedly passed for seemingly more pressing matters of webshops and lottery, poor education now stands as a significant barrier of entry to the workplace.  A point of consternation reiterated by the Bahamian business community and acknowledged in a recent Inter-American Development (IDB) report.

Yet this government prefers to appease the cronies of independence, while our youth stand idle with dangerous temptation.  They naively listen to the PLP’s ongoing eulogy of a glorious era under Sir Lynden Pindling that seldom touches on the problems of drugs and corruption during those times.  They dream of the yesteryear of independence because this is a government that prefers the past to the present.  They cheer the creation of a holiday to celebrate majority rule, while our Parliament bars entry to young people when they seek accountability.

The College of The Bahamas Union of Students (COBUS) made a laudable attempt to express its dismay for college fee increases but saw its efforts dashed by ridiculous assertions that the peaceful and professionally-dressed student group was a security threat.  Unlike Spain and Greece, our youth have not marched en masse on Rawson Square to demand change.

In its second year, this government must reaffirm its commitment to education and make it a priority.  It must showcase talented Bahamians whose intellectual prowess has lead to success.  It must advocate scholastic achievement through hard work and dedication to study.  It must engrain in the minds of our youth that education is the key to success.  Most importantly, the government must engage this next generation of Bahamians in the process and administration of government.
They are the future Bahamas.

June 11, 2013

The Nassau Guardian



Wednesday, August 4, 2010

Khaalis Rolle - Bahamas Chamber of Commerce president says: It’s extremely frightening to do business in The Bahamas now

Bahamas ‘far beyond Wild Wild West’
By NEIL HARTNELL
Tribune Business Editor:


The Bahamas will be “in major trouble within five years” if it fails to take immediate action to control its ever-expanding crime problem, the Bahamas Chamber of Commerce’s president warning that last week’s Supreme Court break-in and armed robbery at FirstCaribbean’s Sandyport branch showed this nation was “far beyond being the Wild Wild West”.

Telling Tribune Business that the level of crime in the Bahamas, especially violent offences and armed robberies, was now the highest in his lifetime, Khaalis Rolle said many Bahamian businesses were now afraid to conduct commerce at night, as criminals seemed to have no fear of the law.

Arguing that guns were seemingly as commonplace as cars in the Bahamas, Mr Rolle said the FirstCaribbean armed robbery and high speed chase/shoot-out between the crooks and the police showed just what a lawless, dangerous society this nation had become.

“It’s extremely frightening to do business in this country now,” Mr Rolle said. “When you get to the point where the criminals have equal or better ammunition than the police, and have absolutely no fear of the law, what’s the alternative? What do we do?”

Recalling a reggae song that described Jamaica as a ‘Cowboy town’, the Chamber president added: “The Bahamas is far beyond a Cowboy town, the Wild Wild West. Every single day there is a report of some armed robbery or attempted armed robbery. The criminals just don’t have any fear of the law.

“I think about 10 years ago I spoke at a Toastmasters meeting, and I had a conversation with a politician. I said the Bahamas was becoming an increasingly dangerous society and something had to be done. His response was as if there was no concern, and we’re at the point now where businesspeople are extremely afraid to do business after dark.”

Pointing to the Supreme Court break-in at Justice Jon Isaacs’ office, Mr Rolle said this showed that “no place is off limits”.

“The criminals are so daring that they do what they want to do during the day, and the one entity where you’d have thought they would be off limits is no longer. The fellow broke into the courts. This is extremely serious,” the Chamber president added, pointing out that the implications went beyond just the immediate negative impact on business and the Bahamian economy.

Warning that it would “not be long” before travel advisories and media reports declared the Bahamas an unsafe destination, Mr Rolle added: “Everyone seemingly has a gun. Guns seem to be as ubiquitous as vehicles. Guns are everywhere; cars are everywhere. Gun crime is fare more pervasive than it has ever been in my life.

“The mindset has degenerated to the point where people do not believe there is a penalty attached to their actions, and if there is some penalty attached, people don’t care.”

Acknowledging that it was “easy to point the finger” of blame at the Government or Royal Bahamas Police Force for this nation’s crime problems, Mr Rolle told Tribune Business: “There’s a huge implication for society as a whole.

“I believe this problem goes far deeper, and if we do not resolve it now, or at least start taking preparatory steps to, we’re going to be in significant trouble in five years. In five years’ time, the Bahamas will not be the same Bahamas we see now.

“We’ve got some issues that are going to impact this country, and even though I speak on behalf of the business community, the implications far beyond. It goes back to deficiencies in the education system, deficiencies in the social system, and we have to address these deficiencies and do it proactively.”

August 03, 2010

tribune242

Saturday, July 10, 2010

Bahamas: National pride is heightened as Bahamians' 37th anniversary of independence from Great Britain is observed: July 10, 1973 - July 10, 2010

National pride heightened as independence is observed
By JASMIN BONIMY
Guardian Staff Reporter
jasmin@nasguard.com:



At a time when the effects of the global economic recession continue to grip the country and violent crime is at an all time high, some residents say they are prouder than ever to be Bahamian.

Their pride comes as the nation celebrates its 37th anniversary of independence today. Despite the grim economic and social conditions over the past few months, many Bahamians said they plan to overlook their worries this holiday weekend.

The people The Nassau Guardian spoke to insisted that there is still much to be proud of as the nation turns 37.

Marcia Hutcheson, a street vendor and owner of VIP Productions, a stall that specializes in Bahamian merchandise, said, "There are problems no matter where you are in the world, but in The Bahamas we are doing well. So I am proud to be a Bahamian.

"We are in a recession and everybody is still surviving. We're helping each other out so we can all do well. Regardless of whatever, we are going to wear our colors because we are an independent and proud people."

Zarria Moxey, a teenager, said she loves celebrating independence because it is the only time everything Bahamian is truly embraced.

"I like all of the festivals that we celebrate like Crab Fest and the regattas on different islands," said the 16-year-old.

For some who have traveled the world and experienced other cultures, like Michael Thurston, there is no place like home.

"The Bahamas is one of the best places in the world," said Thurston. "I have been here most of my life but I've done a lot of traveling. But I love The Bahamas, I love the Bahamian people, but most of all I love the Kalik beer."

Charity Brennen, who attended the first Independence Day celebrations on July 10, 1973, said, "I was born here and there is no other place I'd like to be."

For 67-year-old Franklyn Dorsette, the nation's growth and development over the past 37 years is what defines Bahamian history.

"I am proud of The Bahamas simply because we are free from all sorts of things that would impede us," he said, "that is freedom of speech and freedom of worship. In many other countries they aren't as lucky."

In his independence message to the nation, Prime Minister Hubert Ingraham said celebrations are tempered by what has become a prolonged global economic downturn.

"However, we are a resilient people, resourceful and creative in times of hardship," he said. "We are heartened by the promise of the beginning of recovery and we look forward to improved economic times in the months ahead."

7/9/2010

The Nassau Guardian

Monday, June 6, 2005

The CARICOM Single Market and Economy (CSME) is A Work In Progress

CSME "A Work In Progress" 


By Candia Dames

candiadames@hotmail.com

Nassau, The Bahamas

6th June 2005



There are a number of elements of the CARICOM Single Market and Economy that have yet to be worked out, but the Caribbean Community hopes that The Bahamas will come onboard and sign the Revised Treaty of Chaguaramas before the end of the year, according to CARICOM Secretary General Edwin Carrington.


While on the Love 97 programme, "Jones and Company", on Sunday, Mr. Carrington was unable to provide specifics on certain aspects of CSME, noting that the details are something that the heads of CARICOM will have to come up with.


"The CSME at the moment is a work in progress and the CARICOM countries that are involved are constructing this arrangement," he said.


Mr. Carrington indicated that there is still a whole lot to be worked out as it relates to the single economy.


"If you look at the treaty, you would see that the single economy has hardly been sketched out in the treaty document," he said.


"It has set out broad guidelines as to what would be involved in the single economy.  Essentially, the single economy is a process to move the economies of the region to certain common approaches in a number of areas that will enhance their competitiveness so that their productive capacity would be such that they can compete better in the international marketplace.


"That's the broad objective.  How you do that, what are the steps that you have to take, these are matters we are working on."


Another aspect of the CSME that has not yet been clearly worked out is the regional development fund which will be established to cushion the economic fallout that may result from the formation of the CSME, Mr. Carrington indicated.


He could not say specifically what contribution The Bahamas would have to make to the development fund.


Asked what this country's future with CARICOM would be if it does not sign the revised treaty, Mr. Carrington said it was a "political question".


"I'll tell you why," he said.  "The legal advice which we have is that this instrument, the revised treaty, including the single market and economy, does not provide as the previous instrument [did] for you to join the community and not the common market.  It is one integral product and joining it commits you to the entire product subject to, of course, reservations.


"So, if The Bahamas signs on, let's say, without reservations then it is committed fully to that.  If it wants not to participate in certain aspects of it then it would have to put forward reservations and get those accepted."


Mr. Carrington was also asked whether other CARICOM states could later challenge the reservations The Bahamas intends to secure.  He stressed that CARICOM is not a "fly by night" organization and if the sovereign states have signed certain reservations with The Bahamas, they stand and "no one can challenge them."


The Bahamas government has said that it wants to sign the revised treaty, but only if it is able to secure certain reservations against the free movement of people, the monetary union, the Caribbean Court of Justice at the appellate level, and the common external tariff.


"Let us assume that they have agreed to those reservations," Mr. Carrington said.  "That's it.  If you did not get the agreement that you wish, then I presume you would sit down and determine [whether you should] go in nevertheless or [whether you should] on the basis of not receiving these reservations not go in."


He again indicated that The Bahamas would be able to keep its reservations for as long as it sees fit.


"I'm not a head of government, but I would find it difficult to believe that [the heads] would not give them sympathetic consideration...They would not be changed without The Bahamas' agreement."


Echoing a familiar sentiment in the CSME debate, The show's co-host, Godfrey Eneas, asked the CARICOM Secretary General why The Bahamas with a per capita income of between $15,000 and $17,000 should be "saddled" with other countries with low per capita incomes.


But Mr. Carrington took issue with the use of the word saddled, saying it was unfortunate that Mr. Eneas would choose that word "because no one is saddled with any country."


"If I follow your argument, [The Bahamas] is seeking to enter the Free Trade Area of the Americas.  Then why should the rich U.S. saddle itself with a poor [Bahamas] in relative terms?  It seems to me first of all, the notion of saddling is wrong because you seem to suggest that you have to carry those countries.  That is not the case."


The show's host, Wendall Jones, then asked, "How do you answer the complaint of the criticism that the CSME is premature given the divergence of the states of the Caribbean, economically and socially.


Mr. Carrington responded, "To say that it's premature seems to suggest that there is some better time to come when you can do these things."


During the show, Mr. Jones also indicated that there are many Bahamians who have concerns about the right of establishment provision of the treaty.


Mr. Carrington explained that, "First of all, the principle of a right of establishment is that a national of a CARICOM member state has the right to establish a business in another member state in the community in the context of single market and be treated as a national of that particular country.


"My understanding is that a number of countries have identified areas in which they cannot accept [this].  I believe every country has certain exceptions.  I don't know that the exceptions that you are talking about would be acceptable or otherwise.  It's an area I hope that discussions would take place."


Mr. Jones asked, "Can you say if there is anything in the revised treaty that states that the right of establishment will not apply to the retail and wholesale sectors?"


The secretary general said, "No. I don't think that there is anything in the treaty which is that specific...Let me just remind you [that] The Bahamas would be seeking in my view a political situation.


"It may well be that in putting that in a document to the heads they may say, "Sorry, we can't accept that one.  In other words, I'm saying don't limit yourself to what the treaty says because we are talking about a political arrangement which The Bahamas government would seek with a view to implementing the treaty."


Mr. Carrington was also asked why he thinks the CSME is so unpopular in The Bahamas.


"I can see no rational reason for the widespread unpopularity as you've said," he answered.