Source: BBC Monitor
Brazil is South America's most
influential country, an economic giant and one of the world's biggest
democracies. It is one of the rising economic powers - otherwise known as BRICS nations -
together with Russia, India, China and South Africa. Over the past few years it
has made major strides in its efforts to raise millions out of poverty.
The discovery of major offshore oil reserves could propel the country into
the top league of oil-exporting nations.The exploitation of the Amazon rainforest, much of which is in Brazil, has
been a major international worry, since the wilderness is a vital regulator of
the climate. It is also an important reservoir of plant and animal life.
A drive to move settlers to the Amazon region during military rule in the
1970s caused considerable damage to vast areas of rainforest. A jaguar, resting in an Amazon reserve, is one of several
species threatened by human encroachment. Deforestation by loggers and cattle ranchers remains controversial, but
government-sponsored migration programmes have been halted.
In 2005 the government reported that one fifth of the Amazon forests had
been cleared by deforestation.Deforestation has been slowed down by extra policing and pressure from
environmental and consumer groups. The government has fined illegal cattle
ranchers and loggers, while the food industries have banned products from
illegally deforested areas, such as soya beans and beef.
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