Hello! You are reading The Brazilian Report‘s Weekly Report. In this issue: A deeper look into the Brazilian government’s privatization plan. The road to deforestation. How Brazilian markets performed. And the most important facts of the week. Enjoy your read! (This newsletter is for platinum and gold subscribers only. Become one now!)
The week in review
Amazon 1. The spike in Amazon wildfires has drawn plenty of negative international attention to Brazil. There were 68 occurrences in protected areas over the past week. President Jair Bolsonaro blamed international NGOs, saying (without proof) that they set the forest on fire to smear his administration.
Amazon 2. Calls for a boycott of Brazilian agricultural products have gained traction, and countries such as France and Ireland talked about opposing the Mercosur-EU trade deal if Brazil doesn’t start fulfilling its environmental commitments. These moves worried local producers, who tried to distance themselves from the government (despite being one of Mr. Bolsonaro’s main groups of supporters). That forced the government to launch a task force to curb deforestation—with the Army leading the way, to reinforce the idea that Brazil will not yield its sovereignty.
Amazon 3. The idea is to carry out operations with drones...