Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- BRASIL: 08 Feb UPDATE: Fire In Rio's "Samba City" Destroys Many Carnaval Floats.
- SPAIN: 20 Arrested After Baggage Fees Riot On Ryanair.
- COLOMBIA: CAUGHT: 11-year-old Smuggling 74 Cell Phones And Gun Into Medellin Prison.
- AUSTIN / FRANCE / MEDIA : Lance Armstrong Denies Bullying Others; Claims People Will Forgive Him...Like Bill Clinton.
- ARGENTINA / FRANCE : 13 Sept UPDATE: DNA Results Show Vera And Lasi Killed 2 French Students In Salta.
- BOLIVIA : Sole Plane Crash Survivor Describes Ordeal: Drinking Urine, Eating Bugs.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- SERBIA / SPAIN / USA : Djokovic Wins US Tennis Open, Beating Nadal; Ranked #1.
- MEXICO : The Tragic Decline of Industrial Powerhouse Monterrey.
14 May 2010
BRASIL: Spending Cut By $5.7 Billion...To Cool Demand.
BUSINESSWEEK/ Finance Minister Guido Mantega says the government will cut spending by $5.7 Bn to cool the economy but it will not affect social programs or infrastructure. Inflation has exceeded the government’s goal of 4.5% every month this year. The $5.7 Bn cut announced is in addition to a 21.5 billion-real cut disclosed earlier this year.