EmpresateNews November 23, 2011

@Empresate News November 23, 2011

THOUGHT

"Those who believe that money does it all, usually do anything for money" Voltaire

ECONOMY AND FINANCE

Opec107 ,74-WTI98.7+Brent108.68+ 
DOW 11493.70-NASDAQ 2521.28-EUR1.3398-GBP-JPY77.1922+1.5560-
Wall Street and oil to rise. Eurozone spreads contagious to China. Merkel calls for rapid change of the EU treaty in place of Eurobonds
•Conindustria: Law of Cost will not stop inflation, by contrast, slow production and generate premiums
•SITME: 360 days accumulated $ MM13099.32 . Average negotiated / day $  MM.36.38 Negotiated Amount $ MM42.17 yesterday
•Frozen prices of 20 products. Polar and Palmolive aretargeted  (54 in total)
•BCV calls very well apply the Law of Costs
•Ramirez: Venezuela and China reach deal on $ 4500MM to increase oil production.We sent 410 mb/d to China as payment for chinese Contract .Giordani: We receive funding from China's largest in Latin America
•Ministers approve BsF1399947146 for governors and mayors
•DOE: In October, Venezuela exported to US 564 mb/d vs 826 September mb/d

VENEZUELA DAILY NEWS

•MAR: Withdrawal possible new borrowing of $ MM116000 for Chinese contract 
•AN passed Law of Rational Use of Energy
•URD supports LL the candidacy of primary• Luis Vicente León account on Twitter was hacked• Suspended Registration for student elections at UCV

INTERNATIONAL

•Nicaragua: Businessmen ask Ortega for security and facilitate business
•Cuba: State Post was closed  by reorganizing 
•US: Bank profits rose 49% in 3rd quarter. Fed plans new stress tests for banks
•Spain: Rajoy will present his economic plans to Europe in December

ZULIA

•Invited to participate in festival of bands for Change, Your voice counts
•Currently closed for this year Cycle of the SIACE Chair of Success  with Rojas and Arenas
•Caicoc swears its new Directive

DID YOU KNOW THAT:

Facebook may go public in the first half of 2012?