Brazil to pay £880m in energy compensation

The Brazilian Government could pay as much as 2.8 billion reals (£880m) to energy companies for cuts in electricity tariffs, reports claim. President Dilma Rousseff is set to sign a “presidential decree” today, which will allow Government-controlled utility Centrais Eletricas Brasileiras to pass on the cash to 64 power distributors in the country, according to […]