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
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- POLAND: Warsaw Lauds LOT Pilot Wrona For Safe Crash Landing.
- HONDURAS : 4 Nov. UPDATE: 176 Police Arrested For Corruption; Lobo Sacks His Top Cops...Sends Troops Into Sula, Tegucigalpa.
- PERU: Chaos Reigns In Lima's Streets With Unregulated Taxis And Ancient Buses.
- ITALY / EUROZONE : New Greek Crisis Delays Berlusconi's Love Songs CD Release.
- CHILE / CANADA : Court Suspends Barrick Gold Pascua Lama Mine Production.
- SERBIA / KOSOVO / EU : President Nikolic Talks Tough About Pristina.
- MEXICO: Guapo But Bobo...PRI's Pena Nieto Still Leads To Succeed Prez Calderon.
- BRASIL: FIFA Ponders Guns Swap For World Cup Football Tickets; Lula's Tumor 75% Reduced.
- MEXICO : Zetas Founder/ Leader "Lucky" Hernandez Lechuga Captured In Veracruz.