Brazil rejects proposal for power rate adjustments-source
SAO PAULO, March 13
SAO PAULO, March 13 (Reuters) - The Brazilian government has scrapped a proposal to allow for monthly adjustments of electricity rates depending on output levels, an official of the private sector said on Thursday.
President Dilma Rousseff's government is expected to announce on Thursday a plan to compensate distributors for the skyrocketing prices they pay for power due to a severe drought that has curbed hydroelectric output.
- U.S. air strikes on Syria would face formidable obstacles
- Samsung unveils smartwatch that can make calls
- FBI, Secret Service investigate reports of cyber attacks on U.S. banks
- Russian-backed separatists enter southeast Ukraine town
- Breakthrough hopes dented as Ukraine accuses Russia of new incursion |