Historic drought threatens Brazil’s economy

Historic drought threatens Brazil’s economy

The worst drought in nearly a century to hit two key regions in Brazil is wreaking havoc on hydroelectric dams and crops — and threatening the nascent pandemic recovery of Latin America’s biggest economy.

Months of sparse rain have shrunk rivers, left their banks cracked and parched, and reduced normally sprawling reservoirs to webs of puddles across Brazil’s southeast and central-west.

The dry spell in this large, economically crucial swathe of the country is hurting two important sectors: hydroelectric power, which Brazil depends on for nearly two-thirds of its electricity…

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Historic drought threatens Brazil's economy

 

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