News from Brazil: Lower Diesel Prices Likely to Reduce Transportation Resources by US$ 291 million

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tuesday, june 5, 2018

Brazil | World | Business | São Paulo | Science & Health | Sports| Culture | Travel | Ombudsman Marcelo Chello/CJPress/Folhapress Petrobras, the state-owned oil company, last June introduced a policy of adjusting fuel prices to daily shifts in international oil markets Lower Diesel Prices Likely to Reduce Transportation Resources by US$ 291 million in Brazil A cut of US$ 98.4 million in the Federal Budget would impact 40 ground transportation projects; Additionally, the elimination of Cide taxation on fuel would remove US$ 192.5 million destined for maintenance of state highways Brazil Congress Sees Very Few Available Options for Reducing the Price of Gas Wave of Attacks on Busses Spreads to 17 Cities in Minas Gerais A wave of 25 attacks on busses has spread to at least 17 municipalities in the State of Minas Gerais since Sunday (the 3rd) according to the Military Police (PM). In less than 24 hours, there have also been attacks against a police station, two bank branches and an ATM machine Walmart to Book US$4.5bn Loss on Brazilian Sale The Arkansas company did not disclose the financial terms of the sale of an 80% in Walmart Brazil to Advent, a São Paulo-based private equity group Fernando de Noronha Island Attracts Divers Looking for a Wide Variety of Marine Life The archipelago was elected for the second consecutive year as the best diving destination in a Datafolha survey which was published in Folha 's Travel Magazine são paulo Crime Rate on the Mario Covas Beltway in São Paulo Is Elevated Crimes may consist of criminals throwing stones at the windshields of passing vehicles, or the use of large concrete blocks placed on the highway with the intent of forcing drivers to stop in the emergency lane before getting mugged PUBLICIDADE FOLLOW US: Contact Us | Privacy Policy Click here to unsubscribe Copyright Folha de S.Paulo. All rights reserved.