Home' Trinidad and Tobago Guardian : October 9th 2013 Contents A20
Guardian www.guardian.co.tt Wednesday, October 9, 2013
- 5 years experience in the
- Two references needed .
Interested persons should apply to:
#25 Coffee Street, San Fernando
The British Academy is currently accepting applications for Secondary School
Teachers for January 2014, for
All applications should possess::
A first degree in the subject area being taught
3 - 5 years teaching experience in a secondary school
A teaching diploma or PGCE qualifications
Please submit detailed curriculum vitae together with references to:
The British Academy
23 Alexandra St
St Clair or email to: firstname.lastname@example.org
Deadline for submissions will be October 25th, 2013
Applicants should also send a copy of their resume to:
The Chief Manpower Officer, Ministry of Labour and Small and Microenterprises
Riverside Plaza Besson Street P.O.S.
Sale by Mortgagee
OFFERS ARE INVITED FOR THE
4 Acres 3 Roods 32 Perches freehold
land situate at Fitts Road, Off Cunapo
Southern Road, Biche.
The property is being sold "as is" without any responsibili-
ty of the vendor to provide statutory approvals, surveying
data or warranty on its suitability for use for any purpose.
The property is being sold subject to any existing tenancies,
occupancy or encroachments however created or formed.
The mortgagee does not bind itself to accept the highest or
any offer. The property will be sold subject to all rates, taxes
and other outgoings that may be due at the time of the sale.
tional Monetary Fund has cut its
global economic growth forecasts
for this year and next, mostly
because of slower expansion in
India, China, Brazil and other
The international lending agency
said that the global economy will
grow 2.9 per cent this year and
3.6 per cent in 2014. Both are 0.2
percentage point lower than the
group s July forecasts.
The IMF also lowered its outlook
for US economic growth this year
to 1.6 per cent and next year to
2.6 per cent. Those are 0.1 per-
centage point and 0.2 percentage
point lower than in July, respec-
The fund s forecasts assume the
US government would partially
shut down but for only a short
period. It warned that failure to
raise the US government s bor-
rowing limit "could seriously dam-
age the global economy."
If Congress doesn t approve an
increase in the borrowing limit by
October 17, the Treasury Depart-
ment says it would soon run out
of cash and could default on its
US Treasurys are a key part of
the international financial system.
A default would have global reper-
cussions. For that reason, many
analysts expect the borrowing limit
will probably be increased on time.
The IMF s projections for the
US economy are slightly below
many private-sector forecasts.
The group expects growth to
increase next year because gov-
ernment spending cuts and tax
increases, which took effect earlier
this year, won t drag nearly as
Olivier Blanchard, the IMF s
chief economist, says the US is
benefiting from steady consumer
and business spending, fueled by
a housing rebound, rising stock
prices, and a greater willingness
by banks to lend.
"Unless there are fiscal acci-
dents, the recovery should con-
tinue," Blanchard said.
Europe s economy is also ben-
efiting as government spending
cuts and tax increases ease. The
IMF forecasts the 17 nations that
use the euro currency will expand
1 per cent in 2014, after shrinking
0.4 per cent this year.
Those estimates are mostly
unchanged from July.
Many developing countries, par-
ticularly India, have been hurt by
expectations that the Federal
Reserve will soon slow its $85-bil-
lion-a-month in bond purchases.
That s caused investors to pull
money from India, Brazil and other
emerging markets as yields on US
assets picked up.
India s central bank has raised
interest rates in an effort to stem
the flow, a move that has also
The IMF called on the Fed to
clearly communicate its plans as
it moves toward scaling back the
bond purchases. (AP)
markets to slow
markets amid US
budget gridlock---Page A21
DONT DRINK & DRIVE !
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