Home' Trinidad and Tobago Guardian : November 7th 2013 Contents A24
Guardian www.guardian.co.tt Thursday, November 7, 2013
Further evidence of the euro-
zone s fragile economic recovery
came yesterday in two sets of
Eurostat, the EU s statistics
agency, said retail sales in the 17-
nation bloc fell 0.6 per cent in
September from August.
Meanwhile, Markit s composite
purchasing managers index (PMI)
fell to 51.9 points in October from
52.2 in September.
The reading was, however, still
above the 50-point mark that sep-
arates growth from contraction.
The sets of data came a day
before the European Central Bank
(ECB) is due to announce its latest
decision on interest rates.
September is the final month of
the third quarter, so Eurostat s retail
data could impact on official quar-
terly GDP figures.
The eurozone emerged from an
18-month recession in the second
quarter with growth of 0.3 per
cent, but other recent data has
also pointed to a slowdown in the
pace of growth.
Howard Archer, chief economist
at Global Insight, said: "Septem-
ber s relapse in retail sales fuels
suspicion that consumers across
the eurozone will likely remain
pretty cautious in their spending
in the near term.
"Significantly, retail sales fell
back sharply in Portugal---by 6.2
per cent month-on-month---and
Spain---by 2.5 per cent month-on-
month---in September". And he
added: "German consumers have
been generally reluctant overall to
significantly step up their spending
on a sustained basis in an uncertain
Markit s PMI reading of 51.9 for
October is an upward revision of
an initial flash estimate of 51.5
points published last month. But
it was still down from September s
Markit s chief economist, Chris
Williamson, said the "loss of
momentum raises concerns that
the upturn is faltering".
He said that data, coming a day
after the European Commission
downgraded its 2014 eurozone
growth forecast to 1.1 per cent from
1.2 per cent, would make for sober
reading at the ECB.
The survey, based on some
5,000 firms in the single currency
area, "piles pressure" on the ECB
"to reinvigorate the recovery," espe-
cially with "concerns about defla-
tion taking hold," he said.
Eurozone data shows
fragile economic growth ANJUMAN SUNNAT UL JAMAAT ASSOCIATION
MUHARRAM 1435 A.H.
"Month of Muharram and its Virtues"
With the sighting of the new moon the Islamic New Year is ushered in.
The first month of the year Muharram, is a month of great reward and
virtue. Muharram itself means `sacred' and is one of four from those
months which have been mentioned as sacred in the Holy Quraan.
Almighty Allah states in the Holy Quraan:
"Four of them ( Zil-Qadah, Zil-Hijjah, Muharram and Rajab) are sacred."
From out of the four sacred months, Muharram has been blessed with
certain specific virtues:-
The Holy Prophet Muhammad (Sallallahu-Alayhi-Wasallam) said:
"The best of fasts besides the month of Ramadhan is the fasting of
Allah's month of Muharram."
In another Hadeeth, Hazrat Ibn Abbas (Radhiyallahu-Anhu) reports: "that
the Messenger of Allah (Sallallahu-Alayhi-Wasallam) said: "The one that
keeps a fast in the month of Muharram will receive the reward of thirty fasts
for each fast (in this sacred month)."
Sighting of the New Moon for the month of MUHARRAM 1435 A.H.
The Anjuman Sunnat ul Jamaat Association (ASJA) wishes to confirm that
the New Moon for the month of Muharram 1435 A.H. was not visible
after sunset on Sunday 3rd. November 2013, therefore, the month of
Zul Hijjah 1434 completed twenty nine (29) days on Monday 4th.
As a consequence, the month of Muharram 1435 A.H. commenced on
Tuesday 5th. November 2013 at sunset. This has been achieved
through the Shariah Committee's spread throughout Trinidad and Tobago.
The New Moon has been confirmed legally from actual sighting and the
results of the legal sighting committee.
ASJA therefore advises that Tuesday 5th. November 2013 corresponds
to the first (1st.) day of the month of MUHARRAM 1435 AH.
Imam Raffaic Mohamed
Chairman Moon Sighting Committee
Offers are invited for the purchase of the following properties:
1. The properties are being sold subject to all outstanding rates
and taxes and other outstandings.
2. Terms of payment are 10% down on acceptance of offer with
the balance within 90 days.
3. Mortgage financing available to qualified applicants.
4. Subject to contract (Agreement for Sale).
5. The Mortgagee does not bind itself to accept the highest or
6. Unacceptable offers will not be acknowledged.
Bids close promptly at 4.00 p.m. on November 20th, 2013 and must
be received at the above address on or before the aforesaid time.
Bids received after the closing date/time will not be opened.
Suite 102, 21B Gaston Street, Montrose, Chaguanas, Trinidad, W.I.
Crown Point, Tobago, W.I.
Reservations are available for
Christmas Lunch and Dinner Functions.
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