Latest Breaking News, Bollywood Movies, Download Music, Software Tips, Reviews and Videos

Bloomberg: Brazil's government plans to set up a donation-based fund to help finance conservation of the Amazon after illegal logging increased last year. The government is seeking to raise $200 million from Norway and corporate sources in the first year, said Tasso Azevedo, director of the country's forestry services. The fund, to be established in May, will seek to raise as much as $1 billion annually to help slow deforestation of the Amazon, he said. ``Everybody says they want to help ... Read »