Lula looks to 'green' farm loans to tackle Amazon deforestation

Article Author:

Reuters

Latin American Politics Update Today:

Brazil's Lula Eyes 'Green' Agricultural Financing to Combat Amazon Deforestation

São Paulo – Subsidized 'green' to promote soybean and corn planting on leftist Brazilian presidential candidate Luis Inácio Lula da Silva's adviser rangelands and reduce deforestation in the Amazon rainforest We offer agricultural loans.

The proposal, revealed to Reuters by Lula's senior advisers, shows how the former president sought to persuade powerful agribusiness sector allies while promising greener policies. One of the clearest examples to show.

New polls show Lula leading in Brazil elections

São Paulo – Two new polls show Former left-wing President Luis Inacio Lula da Silva shows a healthier lead than right-wing President Jair Bolsonaro's endorsement in October's Brazilian presidential election.

In the Genial/Quaest poll, Lula has 45% of his votes and Bolsonaro has 33% of his votes. The last poll on Aug. 3 put Lula at 44% and Bolsonaro at 32%. The margin of error for the poll is 2 percentage points.

PoderData's poll, also published today, shows Lula with 44% of his support and Bolsonaro with 37% of his support. Last time it was Lula at 43% and Bolsonaro at 35%. Both polls showed Lula could win the second round runoff vote.

Lula, Bolsonaro officially enter campaign season, court voters

Brasilia/São Paulo – President Bolsonaro and frontline challenger Lula formally launched Brazil's most electoral campaign in October's first polarized elections in decades.

The campaign was run against a nationalist populist with an agenda supported by Christian conservatives and a former trade union leader, who served as president from 2003 until 2010, after which his convictions were reversed. It pits people who were imprisoned for corruption until they were released.

Costa Rica eyeing $2.7 billion in funding from sale of state-owned financial assets

San Jose – Costa Rica's President Rodrigo Chavez introduces bill to sell state bank Banco de Costa Rica Banco Internacional de Costa Rica said it plans to reduce public debt, and 49% of state-owned INS insurance companies.

If the sale of the bank is approved, it is expected to raise his $1.8 billion worth of about 2.8% of Costa Rica's gross domestic product, with an insurance company stake of about $890 million. $10,000, Chaves said. His 100th day inaugural speech. (Edited by Steven Grattan, edited by Emelia Sithole-Matarise)


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