Bahamas. According to
COUNTRYAAH, Sir Lynden Pindling, Bahamas first president
after independence in 1973, passed away August 26.
At the end of the year, the government implemented a package
of laws aimed at restructuring the financial sector. OECD
meeting that put the Bahamas on the "black list" of money
laundering countries. As part of the legislative package,
the National Bank restructured, the legislation on private
banks and financial institutions was revised, the penalties
tightened for illegal financial transactions, and finally a
Financial Investigation Unit was established.
In November 2001, Ivy Dumont assumed the post of
Governor-General of the Bahamas.
The 2002 election was won by the Progressive Liberal
Party (PLP), whose leader, Perry Gladstone Christie, took
over as prime minister. The victory was overwhelming, with
the PLP getting 29 seats out of Parliament's 40, while the
former ruling party FNM only got 7. There were also 4
independent candidates elected.
The oil tanker Prestige, which sailed under the Bahamas
flag, crashed in November 2002 on the coast of Galicia in
Spain. Of the ship's 77,000 tonnes of crude oil, 60,000 ran
into the sea.
In November 2003, Amnesty International criticized the
Bahamas authorities for failing to comply with international
treaties on refugee treatment. This is particularly true of
refugees from Cuba who are prevented from receiving proper
treatment of their application for asylum. They remain in
detention camps where they are treated like ordinary
criminals under poor hygienic conditions and without access
to medical care.
In August 2004, a research team from the University of
New Hampshire, led by Michael Lesser, revealed that the
orange luminescent color like corals in the Caribbean hot
water is not natural, but is due to a bacterium. The
research team measured the spectrum of light emitted from
corals collected in the waters off the Bahamas. They
discovered that one of the pigments that emitted light did
not belong to the coral itself. The team discovered that the
cyanobacteria, a blue-green alga, absorbs the blue light and
then emits it as orange. They found that the coral, algae
and bacteria live in a symbiotic relationship that all three
enjoy. Against the protection of the coral, the bacterium
helps to convert the nitrogen of the water into food items
for the coral.