CARACAS, Tuesday September 02, 2008 | Update
Country
The third massive power blackout thus far this year
hit 50 percent of the Venezuelan territory, temporarily disabling
basic services such as the subway, and creating new concerns
about the status of the electric power supply.
In total, there were two major power outages on Monday from
1:50 p.m. that struck the Greater Caracas and the states of
Apure, Aragua, Bolívar, Carabobo, Falcón, Lara,
Mérida, Nueva Esparta, Portuguesa, Táchira, Trujillo
and Zulia. A general blackout in the Andes region was confirmed
by Carlos Sánchez, a top official of the Venezuelan state
electricity company, Compañía Anónima de Administración
y Fomento Eléctrico, Cadafe.
Meanwhile, Hipólito Izquierdo, the chairman of the National
Electrical Corporation, and Javier Alvarado, the chairman
of the state-run utility Electricidad de Caracas, listed the
projects that are expected to expand the long-term generation
capacity, particularly in Caracas. However, it follows that
there is no short term solution to avoid completely power
outages in the Venezuelan territory.
11:00 AM. Economy. Based on the official data, more and more families failed to get out of poverty in 2008; the exclusion status of more people moved faster and fewer people are on their way to overcome this situation. According to the data provided by the official National Statistics Institute (INE), last year the poorest homes in the country recorded an average monthly income of USD 401.82, whereas the food basket amounted to 417.77