http://en.mercopress.com/2012/09/07/rousseff-announces-major-shake-up-of-brazilian-costs-beginning-with-lower-power-rates
During a TV address on Brasil's Independence day...President Dilma Rousseff announced dramatic new lower energy costs for 2013.
Household electricity rates will plunge by 16.2%...and 28% for businesses.
Brasil currently has the 4th highest energy rates in the world.
Rousseff also announced her government will lobby for lower bank interest rates...to spur slow economic growth...currently projected at only 1.7%.
Popular Posts
- KYRGYSTAN / CANADA : 3 MPs Arrested After Violent Gold Mine Protest.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- EU / SPAIN / PORTUGAL / ITALY / GREECE : Solidarity Strike Causes Travel Misery Across the Eurozone; Clashes/Arrests/Injuries In Athens, Madrid.
- ITALY : Oh, No! Silvio's Spectre Returns.
- HUNGARY: 23 April UPDATE: Hungary Denies Threat To Roma After Red Cross Evacuates 277 Roma From Gyongyospata...Fearing Vigilantes.
- BRASIL:1ST UPDATE: Natives Protesting Hydro Plant Release 5 Of At Least 155 Hostages.
- POLAND: Chopin Contest Attracts Young Asian Pianists.
- PERU: Voters Feel Like They Must Choose Between...Hitler And Darth Vader; Smears Increase Before Vote.
- AUSTIN,TEXAS: Lance Armstrong Still Under Seige For Doping Charges.
- RUSSIA / MOLDOVA / UK : 30 March UPDATE: Gunned Down Exile Banker Gorbuntsov...In Critical Condition In London.