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Brazil to Boost Penalties to Pare Amazon Devastation

Bloomberg: Brazil's government plans to curb financing for illegal loggers and farmers and boost penalties to pare deforestation of the Amazon, Environment Minister Marina Silva told reporters in Brasilia. Brazilian President Luiz Inacio Lula da Silva and executives of state-controlled banks today will discuss ways to restrict financing to individuals and companies damaging the Amazon, the minister said in Brasilia. Devastation in the Brazilian portion of the Amazon basin accelerated in the ... Read »
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