Today: the financial effects of deforestation on Brazilian agriculture. Metro company in São Paulo fined for data privacy violation. IPOs in Brazil are not enticing foreign capital.
The big risk for Brazilian agriculture
We at The Brazilian Report have raised concerns about the economic impact of deforestation on the domestic agriculture sector. On Monday, a group of researchers from the Federal University of Minas Gerais published a report in scientific journal Nature Communications, quantifying the economic risks for agricultural producers caused by deforestation in the southern Amazon.
What they are saying. Forest conversion to pastures and crops affects moisture cycling...