Space Industry and Business News
SHAKE AND BLOW
Flood-hit Brazil businesses count losses, look to future
Flood-hit Brazil businesses count losses, look to future
By Anna PELEGRI
Encantado, Brazil (AFP) May 31, 2024

The thriving economy of southern Brazil has been brought to its knees by historic floods, with vast agricultural land unusable and factories paralyzed.

Even as businesses tally the full extent of the damages, they are clamoring for aid to help them bounce back, and measures to deal with future extreme climate events.

"No one has had losses like we are seeing now," said Gedeao Pereira, president of the Federation of Farmers of Rio Grande do Sul (Farsul).

"There is widespread destruction, mainly in the central regions of the state," he told a press conference.

Historic floods that have lasted a month, attributed by experts to climate change exacerbated by El Nino, left 169 dead and some 600,000 displaced.

AFP looks at some of the main challenges facing businesses in Rio Grande do Sul, one of Brazil's richest states:

- Counting costs -

The main industries in the region are agriculture and manufacturing.

According to a local industry federation, nine out of 10 factories in the state have been affected by the flooding.

A preliminary survey published by Farsul estimates that large landowners lost up to 25 million reais ($5 million).

However, with waters still receding, the true cost of damage in the region of 11 million inhabitants has yet to be calculated.

"As we continue to visit the state, we are increasingly struck by the level of damage," said Pereira.

- Restoring transport -

Multiple bridges collapsed in the flooding and roads are in a dire state, making the transportation of goods extremely difficult.

"The most pressing thing is to restore mobility," said Angelo Fontana, president of the Chamber of Industry, Commerce and Services of the Taquari Valley, a badly affected region northwest of the capital, Porto Alegre.

He told AFP this would be the first step to get companies back on their feet.

Fontana is a partner in a 90-year-old firm of the same name, which manufactures chemical products in the town of Encantado, alongside the Taquari River.

The company, which employs 250 people, has yet to resume production after several of its immense chemical tanks were left leaning precariously like towers of Pisa from the force of the water.

- More financial assistance -

The federal government has announced, among other measures, a line of credit of 15 billion reais ($2.9 billion) with low interest rates and the option to renegotiate existing debt.

However, Pereira told AFP that "longer repayment periods, up to 20 years" were needed.

The aid is "positive, but more loans are needed" for producers, said Carlos Joel da Silva, president of the state's agricultural workers federation, which represents more than 700,000 employees on small-scale farms.

Just treating farmland to make it fertile again is extremely costly, he added.

- Contingency plans -

The region has suffered four extreme weather events in the past year, and businesses say it is time for contingency plans to face up to the changing climate.

The Fontana company drew up such a plan after flooding in 2023.

This time, when torrential rains were forecast, "we removed equipment and electronic components from our machines," said Ricardo Fontana, director of the company. "This way, we limit the damage."

- Risk of workers exodus -

Angelo Fontana said almost 10 percent of his company's employees have asked to quit since the floods, pointing to the risk of an "exodus of workers" in the region.

"We must give them a solution for housing, stability," he said.

The threat of extreme weather events may push some to abandon their businesses entirely.

Da Silva, of the agricultural workers federation, said small producers who had barely recovered from several years of drought might be forced to "seek new lands."

Alexandre Becker, a dairy farmer in the Taquari Valley who lost much of his cattle's feed, said he would get rid of some of his herd.

"If the winter doesn't go well for us, the way things are going this year we don't rule out" quitting the business, he said.

Related Links
Bringing Order To A World Of Disasters
When the Earth Quakes
A world of storm and tempest

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
SHAKE AND BLOW
'We're leaving': Brazilians pack up after repeat floods
Roca Sales, Brazil (AFP) May 28, 2024
Fabiana Alves sifts through her mud-caked belongings while her partner loads up the car. After three floods in eight months, the couple has had enough and is leaving the Brazilian riverside town of Roca Sales for good. "We're leaving because ... I'm terrified. Any cloud, water, or rain and we think another flood is coming. We can't live like this anymore," the 50-year-old told AFP. The wealthy town of 12,000 residents was one of the hardest hit by historic flooding in the southern state of R ... read more

SHAKE AND BLOW
Cool by design 3D printing

Musk plans largest-ever supercomputer for xAI startup: report

Virginia Tech Engineers Lower Leidenfrost Effect Temperature

Google to invest $2 bn in Malaysia: government

SHAKE AND BLOW
EchoStar secures contract to provide 5G to US Navy and agencies

China launches communication test satellites into medium-Earth orbit

CesiumAstro provides multi-beam Ka-band payloads for Rocket Lab under Tranche 2 contract

Rocket Lab Advances SDA Satellite Program with New Subcontractor Partnerships

SHAKE AND BLOW
SHAKE AND BLOW
Magic Lane secures 3 million euro to enhance location intelligence capabilities

China Encourages BeiDou System Integration in Electric Bicycles

Estonia summons Russian envoy over GPS jamming

OneNav introduces new L5-direct GNSS receiver in response to increased GPS jamming

SHAKE AND BLOW
Electra's hybrid-electric aircraft achieves first ultra-short takeoff and landing

Australian court says ex-US Marine pilot 'eligible' for extradition

What is flight turbulence and why does it happen?

NASA to design sustainable jet engine core

SHAKE AND BLOW
Turning up the heat on next-generation semiconductors

China invests $47 billion in largest ever chip fund

Inside a semiconductor 'clean room' at Japan's top university

Nvidia profits soar on demand for AI power

SHAKE AND BLOW
Satellite-Based Hyperspectral Sensors Enhance Monitoring Capabilities

EarthCARE satellite launches to probe how clouds affect climate

Twin NASA Satellites to Measure Earth's Polar Energy Emissions

NASA provides new near real-time air quality data

SHAKE AND BLOW
'Come back': Champs-Elysees wants to win over Parisians

Green tourism project uproots Benin fishing communities

Most bathing sites in Europe safe: EU environment agency

Philippines deploys river rangers in battle against plastic

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.