Brazil’s largest city, São Paulo, continues struggling to maintain its already depleted water supply amid the effects of a severe drought and indiscriminate usage. Facing critical water levels, the government has resorted to tapping its reserve supply and issuing fines to consumers for wasteful water usage. Local officials estimate the city’s main reservoir, Cantareira, is…
Brazil’s three top presidential candidates for election in October struggle to distinguish their platforms for an electorate that is increasingly skeptical about the government’s ability to maintain economic stability and induce long hoped-for development.
The Organization for Economic Cooperation and Development, which represents a group of advanced economies, lowered its projection for Brazil’s economic growth in 2014 to 1.8% as doubts remain over the impact of still accelerated inflation, rising interest rates and a sluggish recovery of growth abroad.
