4 Jun 2013 SAN JUAN, Puerto Rico
Puerto Rican Governor Alejandro Garcia Padilla last week proposed setting “preferential energy rates” for the island’s aqueduct and sewage authority, AAA, as a means of controlling water prices.AAA had proposed a rate increase of $12 USD to prevent financial collapse.Following a meeting with the Multi-Sector Commission, which analyzed AAA’s rate increase proposal, Garcia Padilla said that preferential energy rates from the Electric Power Authority (AEE) could save AAA $50 million USD per year and cut the rate increase to only $4 USD...
4 Jun 2013 ABU DHABI
In light of the rising water demand of arid regions including the Middle East, the IWS road show seeks global collaboration to promote sustainable water resource management solutions to tackle water scarcity problems in the region. The second stop of the road show was held at the headquarters of UBIFRANCE, the French Agency for international business development...
3 Jun 2013 ISLAMABAD, Pakistan
Pakistan's Water and Power Development Authority (WAPDA) last week signed a $448 million USD loan agreement with the Exim Bank of China. The funds will be used to speed up construction of the 969-kilowatt Neelum Jhelum Hydropower project in Pakistan-administered Kashmir.“This agreement is a significant development in efforts to secure financial resources for (completing) the remaining work on the under-construction Neelum Jhelum Hydropower Project,” according to a WAPDA press release issued after the agreement was signed on May 28...
3 Jun 2013 QUITO
The country's General Budget for 2013 might reach $31 billion USD, revealed Finance Minister Fausto Herrera. In dialogue with El Ciudadano TV, Herrera said thatfor the moment they are working with the extended budget of 2012, taking into account that the electoral campaign that concluded on Feb.17 was still running in the first months of this year...
3 Jun 2013 SAO PAULO, Brazil
Brazilian police last week fired on a group of Terena Indians, killing one and wounding several others, while evicting them from ancestral territory that is currently being occupied by a rancher and local politician.Armed police have also surrounded the protesters at the controversial $13 billion USD Belo Monte Dam along the Xingu River in the Amazon...