Brazil, which boasts that it has one of the cleanest energy mixes in the world, is now plagued by corruption, poor market conditions, and bad decisions – a near fatal combination.
The rich and the powerful, who meet every year at the World Economic Forum (WEF), were in a gloomy mood this time. Not only because the day they met close to eight trillion dollars has been wiped off global equity markets by a "correction". But because no leader could be in a buoyant mood.
The BR-163 highway, an old dream of the Brazilian military to colonise the Amazon jungle, was revived by agroexporters as part of a plan aimed at cutting costs by shipping soy out of river ports. But the improvement of the road has accentuated problems such as deforestation and land tenure, and is fuelling new social conflicts.
2016 is the International Year of Pulses, and we at the International Institute of Tropical Agriculture are proud to be organizing what promises to be the landmark event, the Joint World Cowpea and Pan-African Grain Legume Research Conference.
The flooding that has affected four South American countries has underscored the need for an integrated approach to addressing the causes and effects of climate change.
Of the 69 journalists who died on the job in 2015, 40 per cent were killed by Islamic militant groups like Al-Qaeda and Islamic State. Startlingly more than two-thirds were targeted for murder, according to a special report by the Committee to Protect Journalists.
“Water is at the core of the Lima-Paris Action Agenda (LPAA), but it is true that for a long time water and oceans issues have been marginalized in climate conferences, considering that 90 per cent of natural catastrophes are linked to water and 40 per cent of global population will face water scarcity from now to 2050,” stated Marie-Ségolène Royal, French Minister of Ecology, Sustainable Development and Energy, during the press conference at the launch of the #ClimateIsWater initiative at COP21. “It is through water that it is possible to measure climate change impacts,” she said.
Women leaders in the Pacific Islands have acclaimed the agreement on reducing global warming achieved at the United Nations (COP21) Climate Change conference in Paris as an unprecedented moment of world solidarity on an issue which has been marked to date by division between the developing and industrialized world. But for Pacific small island developing states, which name climate change as the single greatest threat to their survival, it will only be a success if inspirational words are followed by real action.
As 2015 approaches its end, Brazilians live a period of extraordinary uncertainty. The recession seems to get worse by the day. Inflation is high and shows unexpected resistance to tight monetary policies applied by the Central Bank. The sluggish international economy has largely neutralized incentive and the strong devaluation of the domestic currency could represent a reality to exporters and to producers who compete with now more expensive imports. After an initial resistance, employment levels began to fall.
At dusk on the Tapajós River, one of the main tributaries of the Amazon River in northern Brazil, the Mundurukú indigenous people gather to bathe and wash clothes in these waters rich in fish, the staple of their diet. But the “evil spirit”, as they refer in their language to the Sao Luiz Tapajós dam, threatens to leave most of their territory – and their way of life – under water.
River port terminals in the northern Brazilian city of Santarém are considered strategic by the government. But what some see as an opportunity for development is for others an irreversible change in what was previously a well-preserved part of the Amazon rainforest.
In the northern Brazilian state of Pará, the construction of a port terminal for shipping soy out of the Amazon region has displaced thousands of small farmers from their land, which is now dedicated to monoculture.
The aim to impeach President Dilma Rousseff is no longer merely a threat that was poisoning politics in Brazil. Now it may be a traumatic battle, but in the light of day.
Different degrees of economic problems are a common denominator in South American countries where governments that identify as leftist may start to fall, in a shift that began in Argentina and could continue among its neighbours to the north.
With Goldman Sachs folding up its haemorrhaging BRIC fund, is it curtains for the acronym that defined the investment bankers’ fancy for emerging markets? It certainly appears so after China’s stock market crash and a fast slowing economy triggered fears that the dragon will set off the next global recession.