Home' Trinidad and Tobago Guardian : January 31st 2014 Contents A39
Friday, January 31, 2014 www.guardian.co.tt Guardian
TRINIDAD & TOBAGO
LIQUOR LICENCES ACT CH. 84 NO. 10
MAGISTERIAL DISTRICT OF SIPARIA
NOTICE is hereby given that the Licensing Committee for the
County of St. Patrick East, Siparia-Erin district has appointed
as the day, hour and
place which the a Session will be held for the granting of certifi-
cates for the issue of new licence for the period 1st April 2014 to
31st March 2015.
In pursuance of the Liquor Licences Act. 84:10.
1. All applications foe
must be in triplicate on
the prescribed forms and accompanied by an approved plan for
the premises sought to be Licensed together with the
prescribed fee of forty dollars ($40.00) and should reach the
secretary, Licensing Committee Siparia Magistrates' Court on
or before Wednesday 19th February, 2014.
2. All applications for RENEWAL LICENCES should reach the
Secretary, Licensing Committee Siparia Magistrates' Court on
Dated at Siparia Magistrates' Court this
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BUENOS AIRES---Consumer prices are soaring, the
treasury is running low on foreign currency and the
peso has had its sharpest slide in 12 years. Instead
of rioting, though, Argentines are falling back on
tried and true survival skills to cope with the tur-
Inflation is at about 30 per cent and there s been
a 15 per cent drop in the peso s value against the US
dollar over a few days. But Argentina has gone through
five much more dire economic times since the 1930s.
So some Argentines are hoarding dollars, while
others stockpile goods or plow their savings into real
More people ride bikes now following recent increases
in public transportation fares. They eat less at restaurants
and cook at home. They buy cheap, pirated DVD copies
of the latest films rather than go to the cinema.
Sofia Basualdo, a 43-year-old geography teacher,
responded to growing inflation with a shopping spree
to beat further price rises.
"I might pay one peso for a product today, but next
week I ll likely have to pay two pesos," Basualdo said
as she left a Buenos Aires supermarket pushing a
shopping cart filled to the brim. "In this country, when
you start smelling inflation it s best to buy and save."
Many Argentines note that the current economic
woes are not as bad as Argentina s financial collapse
in 2001-2002. Unemployment remains relatively low,
and many people benefit from government handouts.
Yet they worry the country may be at a tipping point.
"People are adopting defensive measures to survive,"
said Jorge Raventos, a political analyst and former
spokesman for Argentina s foreign relations ministry.
"People endure this by zig-zagging along, but it s hard
to know how much they can take before they explode."
Although it is exceedingly difficult because of strict
regulations, some people and businesses have succeeded
in past years in sending their dollars out of Argentina
as a hedge against inflation. Then deputy economy
minister Axel Kiciloff last year estimated Argentine
individuals and companies had socked away up to
$200 billion in undeclared currency outside the coun-
try.But like most people, Carlos Partcha, an 80-year-
old retired journalist, has taken the simpler measure
of buying US dollars and stashing them under his
mattress---as he has done for more than a decade.
For several years, Argentina enjoyed annual growth
of seven per cent fuelled by the high prices foreigners
paid for the country s soybeans and other agricultural
commodities. But now, Argentina suffers from a short-
age of dollars, one of the world s highest inflation rates
and an inability to tap into global credit markets because
of its debt default.
Argentina s economy this year is expected to expand
by no more than 1.5 per cent, mainly because of lower
commodity prices and waning demand from China
for its agricultural goods. The government s policy of
nationalising private firms has also spooked investors.
Inflation estimated last year at 28 per cent and pro-
jected to be even higher in 2014, forces rounds of wage
and price negotiations. Hugo Moyano, one of Argenti-
na s most powerful union leaders, recently said inflation
is "eating up salaries" and "must be corrected and
Amid fears of even higher inflation, Argentines are
seeking to protect their wealth by buying cars and real
People wait in line for their turn to buy fruit and
vegetables at a market in Buenos Aires,
Argentina, Wednesday. The market is organised
by the city's municipal government and offers
consumers lower food prices. AP PHOTO
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