EmpresateNews October 5, 2011

@Empresate News October 5, 2011 

THOUGHT 

"Time is our most valuable asset, but many tend to lose it, kill it or spend it instead of investing" Jim Rohn 

ECONOMY AND FINANCE
 
Opep110.40-WTI75.67-Brent99.79- 
NASDAQ 10808.70+DOW 2404.82 + 
EUR1.3361+1.5483 GBP JPY76.649- 
Wall Street closed higher. Greek crisis marked another black day in European stock exchanges. Oil falls 
•Liter of corn oil costs from BS10 Tuesday, 69 after the price adjustment announced in Venezuela 
•Pasteurized milk full-fat skim BS11 cost 1800cc, 62 are excluded long-term 
•Government price oil increases to $ 50 in 2012 budget assumption 
•Cabinet approves housing milMM Bs 5 
•Cost of gasoline subsidy increased 19.4% in three years 
•INE: Chronic poverty reached 11.1% during the first half 
•Executive does not rule out a price adjustment downward 
•Garces: The Venezuelan air transportation system is safe. ALAV raises refinancing of the state to modernize the aircraft fleet 

VENEZUELA POLITICS
 
•Chavez: From the Military School and I walked plot.  Venezuela rights report presented on Friday at the UN Human Rights 
•Long caravan to receive CAP. His remains will be veiled all day today the seat of AD 
•AN approved in first reading the draft Law on Fraud in Purchasing Vehicle Program 
•Datanalisis: popular support for Chavez rises to 58.9% 

INTERNATIONAL
 
• Colombia: highlighted improving relations with Venezuela 
• Guatemala: City Wins oil zone in Petén 
• Ecuador: FAN parliamentary requests information on the 30S 
• Russia will sell nuclear icebreaker fleet 
• Japan: I could buy bonds of European rescue fund 

ZULIA 

•The School of Business today announces Project Venezuela DOES start at the opening of its headquarters 
•Plane Makes Emergency Landing in La Chinita 
•Seniat closed for 48 hrs 4 businesses in Santa Barbara 

DID YOU KNOW THAT: 

Apple disappointed his fans by introducing the iPhone 4S instead of the much awaited iPhone 5?