Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- MEXICO: 28 April UPDATE: More Death Discovered In Durango...As Body Count Grows Again By 8; Total 104...So Far.
- CHILE: Trapped Miners Seek $541k Each in Negligence Lawsuit.
- CHILE / NEW ZEALAND: Santiago Eyes Volcanos For Geothermal Energy.
- MEXICO: Pemex Oil Exports Seen Ending...In 10 Years.
- MEXICO: Guapo But Bobo...PRI's Pena Nieto Still Leads To Succeed Prez Calderon.
- COLOMBIA / PERU / CHILE / MEXICO: New "Pacific Alliance" Begins.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- BRASIL: Contract To Build Belo Monte Dam Is Awarded; Bloodshed Threatened.
- POLAND: Warsaw Lauds LOT Pilot Wrona For Safe Crash Landing.
18 March 2010
BRASIL: Rio Embroiled In Oil Royalties Fight.
NYTIMES/ A bill that would share oil royalties and deny the state of Rio and other oil-producing states billions of dollars is under consideration in the congress and causing much consternation. If passed, Rio’s annual oil revenue would fall to about $134 million from about $4.3 billion. “No one has the right to take away that which nature has put within the limits of Rio de Janeiro,” said Rio minister Carlos Lupi. Two congressmen from non-producing states, Ibsen Pinheiro and Humberto Souto, proposed equal distribution of oil royalties to states and municipalities.