Japanese high-speed travel road fee down to promote gasoline consumption
Xinhua in Tokyo, on March 31st (XinhuaYe Jia) New Oil Company in its affiliated 2000stations carried out some surveys, because of the country start down in the highway tolls, on March 28th and 29th of 2 days, the national gasoline sales than that in the last weekend in March last year increased of 19%. Recently, Japanese gasoline sales due to the impact of an economic slump continued to depress and the sales of the weekend has been reduced with the speed of 5% year-on-year slow down.
French gas stations will provide a new bio-fuel
Xinhua in Paris on March 30th (Xinhua Li Xuemei) French Ministry of Environment and Sustainable Development announced on 30th, since April 1 this year, the gas station saround France would start to provide a new bio-fuel 95-E10, which types of fuel contained 10% ethanol, and the use of the fuel would be beneficial to environmental protection. According to introduction of the Ministry of Environment and Sustainable Development, this initiative was put by French President Nicolas Sarkozy in October last year when attending the Motor Show in Paris, and France hope that by the year of 2010, the account of bio-fuels for petrol filling stations to provide will increase the ratio of total to 7 %.
Brazilian central bank to lower forecast in the economic growth
Xinhua in Brasilia, on March 30th (Xinhua Chen Wei-Hua Zhao Yan) Brazilian Central Bank issued a quarterly report on 30th, in which this year its forecast for economic growth in Brazil was dropped from 3.2% to 1.2%. Brazilian central bank explained that the economic growth forecast downward was due to the impact of the international financial crisis on Brazil greater than that expected. The report also forecasted that the inflation rate in 2009 from the previous forecast of 4.5% dropped to 4%. Brazil central bank believes that inflation in drop will create space in a further reduction in benchmark interest rates in Brazil.
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