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Words: | Submitted: Sun Dec 15 2002
... many years but has been unable to pay off. The project will provide a huge amount of employment, and a higher quality of living for many people. This will also attract more businesses to the area such as shops etc. Industries producing products from the iron and minerals will also be attracted to the area. This means that they will have to spend less money on importing expensive goods, which they can now produce in Brazil. They will also be able to export to other countries. Of course the countries who have loaned money to Brazil will also benefit, have they have invested in a long term, sound industry, which is unlikely to go wrong. But there are hidden costs as well. Not for the businessmen and the politicians, but for the Indians, and the forest itself. Vast amounts of trees are being cut down to supply huge charcoal ovens. ...
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