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Election-year water crisis taking toll Brazil's economy

2014-11-01 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: After a grueling election campaign in which officials faced fierce criticism for downplaying the effects of a year-long drought, Brazil's most populous state is finally coming to terms with an uncomfortable reality: it is running out of water. So Paulo state accounts for a third of Brazil's economy and 40 percent of its industrial production, and the water crisis is already crimping factory and farm output as well as the service sector in a stagnant economy. "There is absolutely no doubt that...

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