http://www.bbc.co.uk/news/world-latin-america-17123537
Perhaps the worst drought in its history is afflicting Paraguay...one of the poorest nations in Latin America.
With most of its income derived from agriculture and raising cattle...officials estimate that 60% of crops have been lost...especially affecting 250,000 small farmers.
Losses already are estimated at $1.5 bn.
The small nation has only received 10% of its normal summer rains.
With 'beans in the teens'...commodity talk for the surging price of soybeans from dwindling supplies...only a change in the La Nina weather pattern...and new plentiful rains...can save the nation's crops...and prospects.
Popular Posts
- KYRGYSTAN / CANADA : 3 MPs Arrested After Violent Gold Mine Protest.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- EU / SPAIN / PORTUGAL / ITALY / GREECE : Solidarity Strike Causes Travel Misery Across the Eurozone; Clashes/Arrests/Injuries In Athens, Madrid.
- ITALY : Oh, No! Silvio's Spectre Returns.
- HUNGARY: 23 April UPDATE: Hungary Denies Threat To Roma After Red Cross Evacuates 277 Roma From Gyongyospata...Fearing Vigilantes.
- BRASIL:1ST UPDATE: Natives Protesting Hydro Plant Release 5 Of At Least 155 Hostages.
- POLAND: Chopin Contest Attracts Young Asian Pianists.
- PERU: Voters Feel Like They Must Choose Between...Hitler And Darth Vader; Smears Increase Before Vote.
- AUSTIN,TEXAS: Lance Armstrong Still Under Seige For Doping Charges.
- RUSSIA / MOLDOVA / UK : 30 March UPDATE: Gunned Down Exile Banker Gorbuntsov...In Critical Condition In London.