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14 Feb 2022 BUENOS AIRES, Argentina

Parana River Hits 80-year Record Low Level

Historic drought has affected commodity transportation on the river, regional ecosystems, fishing industry and tourism and power production. Continuation of below-normal levels of precipitation anticipated.

2 Jun 2021 Sao Paulo, Brazil

Brazil Drought Threatens Electricity Supply And Crop Yields

Persistent dry weather in central and southern Brazil has led to a water scarcity warning, rising electricity prices, falling crop yields and the threat of wildfires. Lowest reservoir levels since 2015 cause headache for the country's largest electricity source, while commodities markets see hike in sugar and coffee futures.