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Venezuela News.Net - Thursday 23rd May, 2013
The Brazilian government has announced a curtailment of 28 billion reais ($13.65 billion) in the 2013 federal budget. The budget cut aims to help the government achieve the primary surplus goal, which was established at 155.9 billion reais ($76 billion) for the year under review, which represents 3.2 percent of Brazil's GDP, Planning and Budget Minister Miriam Belchior said. The cut falls ...
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Venezuela News.Net - Thursday 23rd May, 2013
Santos have rejected a 20 million-euro offer from Barcelona for Brazil star Neymar. The Brazilian outfit, which last week turned down Barcelona's initial 18 million-euro bid for the striker, made the decision after a meeting of the club's board Wednesday night, reports Xinhua. "Santos has analysed the the proposal and it doesn't meet our requirements," Santos vice-president Odilio Rodrigues ...
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Venezuela News.Net - Thursday 23rd May, 2013
The Ecuadorian Civil Space Agency issued an alert Wednesday about a possible collision of its Pegaso satellite, launched last month, with the wreckage of a Russian rocket. "ALERT: Possible collision of NEE-01 PEGASO and remains of Russian rocket," appeared Wednesday on the Twitter account of the space agency known as EXA. EXA's director, astronaut Ronnie Nader, published a notice from the ...
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Venezuela News.Net - Wednesday 22nd May, 2013
In Venezuela, the laws of supply and demand are undermining the socialist revolution started by the late President Hugo Chavez. Since Chavez's hand-picked successor Nicolas Maduro won the Venezuelan presidential election in April - by a margin of less than 2 percent - high inflation and a shortage of staple goods are now leading many on both sides of this politically-divided country to question ...