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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (69174)	12/7/2010 5:27:23 AM
From: elmatador	Respond to of 219836

Wikileaked US Cable: ECONOMICS OF FAVELA PACIFICATION 10. (SBU) In addition to the security factors involved with the pacification program, there are also significant economic interests at stake. Some economists have forecast an increase of 90 million Brazilian Reals (45 million USD) in new property and service taxes that would go towards the Rio municipal government, should all favelas come under the authority of Rio state. The president of Rio electricity provider "Light" estimated the economy of Rio de Janeiro could grow by around 38 billion Brazilian Reals (21 billion USD) through increased commerce and new jobs. According to Andre Urani, an economist with the Institute of Labor and Social Research (IETS), Light loses at least 200 million USD per year due to pirated electricity in the favelas (Note: Light donated 600 low energy consumption refrigerators to residents in Santa Marta favela, in order to encourage their integration as utility customers. End Note). Emphasizing the potential market in favelas, Urani stated, "Imagine the revenue increase if Light could successfully turn the one million illegal users of its services into customers." According to data provided by the Rio State Secretariat for Security, operations to fully pacify and reintegrate favelas would cost the state between 90 million to 340 million Brazilian Reals (48 million to 183 million USD). embassy document.,