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Bahama Islands News, Articles and Information

Christie urges creation of Fam. Isl. economies at forum

Prime Minister Perry Christie challenged auditors to ensure government is accountable for public funds, as pending major developments for the Family Islands are expected to boost the economy.

He made the call as he officially opened the Caribbean Organisation of Supreme Audit Institution (CAROSAI) Congress, on October 16 at the Wyndham Nassau Resort & Crystal Palace Casino. It was held under the theme, 'Towards Greater Account-ability.'

Approximately 36 auditors-general from the region, representatives from the UK and the US met to discuss operations of the Public Accounts Committee, the auditor general's role in the efficient management of public funds, amongst other issues.

Prime Minister Christie noted that the major challenge for The Bahamas is the lack of real economies on the Family Islands.



Bahamas takes on Jamaica

Win or lose, double title holders Meacher 'Major Pain' Major and Jermain 'Choo Choo' Mackey won't have much time to rest after they return from their scheduled fights in New York and Montreal respectively.

Both fighters are scheduled to fight overseas this week against top notch opponents, and both will have a couple of Jamaicans waiting on them when they return home. In a double main event and barring injury, Major and Mackey will both headline First Class Promotions' next professional show, which will be held on Friday November 24 at the Wyndham Nassau Resort and Crystal Palace Casino.

In a show dubbed 'The Bahamas takes on Jamaica', Major (11-2-1, 10 KO's) will fight Ian 'Pain Killer' Smith (10-8) in a 10-round lightweight bout, and in the other V8-Splash and Prime Bahamas Main Event, Mackey (11-0) is set to tangle with Anthony Osbourne (5-19-1) in an eight-round Super Middleweight bout.



Jeff Haney on blackjack card counters' cat-and-mouse game with the casinos

The most revealing scene in the documentary "The Hot Shoe" illustrates the vast philosophical divide between card counters and those in the casino industry trying to stop them.

An executive with a company that uses computer technology to identify counters maintains that skilled players should not be allowed to win money at blackjack.

Why? Well, because the casinos have bills to pay: utilities, payroll, taxes.

To the interviewer, of course, the executive might as well be a visitor from another solar system with that kind of attitude. It's fascinating to watch him struggle and stammer to come up with a logical reply to someone he considers such an oddball.

It's just one compelling moment in "The Hot Shoe," which chronicles the history, science and sometimes hard reality of blackjack card counting.



NATION

Workers at AK Steel Holding Corp.'s plant in Mansfield, Ohio, have approved a four-year contract affecting about 300 hourly production and maintenance employees, the company said.

The contract with the United Steelworkers Local 169 was negotiated in less than a month while company bargainers took a break from talks at its largest mill in Middletown, Ohio, where about 2,500 workers were locked out nearly nine months ago.

In Middletown, workers have twice rejected company proposals, the last on Oct. 18 by a 2-1 ratio.

Korean Air order

South Korea's flagship carrier, Korean Air, said it will buy 25 aircraft from Boeing Co. for about $5.5 billion, the largest aviation deal in the nation's history.

Under the agreement, Boeing will deliver 15 passenger aircraft and 10 freighters to Korean Air — the world's biggest mover of air cargo — over 10 years beginning in 2009, the airline said.