Brazilian government commits $617.5M to Amazon ecological investment

Brazilian government commits $617.5M to Amazon ecological investment

SAO PAULO (AP) — The Brazilian government said Monday it has committed 3.1 billion reais ($617.5 million) to foster ecological investment in the Amazon region, as part of a plan to expand a federal program known as Eco Invest that was announced during last year’s COP30 — the annual United Nations climate summit it hosted last year.

The resources are expected to go toward businesses that support sustainable tourism, improve infrastructure in the Amazon and expand the “bioeconomy” — the so-called economic activity based on natural resources that preserves the forest.

The model uses a blended finance approach in which the National Treasury lends funds to banks at an annual rate of 1%. In return, banks must mobilize at least four times that amount in private investment, with foreign investors accounting for at least 60%. So far, the program has committed 140 billion reais ($28 billion) in combined public and private resources.

The National Treasury allocated 3.1 billion reais ($617.5 million) Monday and eight banks committed another 10.1 billion reais ($2 billion) in the latest auction of the Eco Invest program, the Ministry of Environment said.

Austen adaptation a handsome, delicate cinematic dance

Marianne (Esmé Creed-Miles) can look rather bedraggled in this new version of Jane Austen’s first published novel, which has once again ignited the “loose hair” controversy that has raged among Janeites since the casually coiffed 2005 reimagining of Pride & Prejudice.

Purists might be vexed, possibly even discomfited or discomposed by some of the details in this take on Sense and Sensibility, part of a wave of Austen adaptations and Austen-adjacent material released to mark the 250th anniversary of the writer’s birth.

Would prudent Elinor (Daisy Edgar-Jones) be penning letters to a man to whom she is not engaged? Would even spirited Marianne be running barefoot through the woods?

Possibly not. But if director Georgia Oakley (Blue Jean) and rookie screenwriter Diana Reid don’t adhere to the strict letter of Austen’s work, they catch much of its spirit. This is a vivid and deeply felt examination of the enduring power of sisterhood, which is at the core of not just the 1811 novel, but of Austen’s own life in the profound importance of her relationship with her sister Cassandra.

Possibility of Hellebuyck’s return grows each day as pay slips away

CHICAGO — Buckle up, folks. The next plot twist in the ongoing soap opera between the Winnipeg Jets and Connor Hellebuyck could be a doozy.

Let’s start with a few cold, hard facts. Or, if you prefer: “Previously on As the Hellebuyck Turns…”

The franchise goaltender, with five years remaining on a contract extension he willingly signed with Winnipeg in 2023, refused to report to training camp last month as he awaits word on a trade request made at the end of last season. He’s the first NHL player in more than a quarter century to essentially go on strike.

The Jets are under no obligation to move Hellebuyck, but have indicated they would try to accommodate him if another team meets their needs. General manager Kevin Cheveldayoff has made it clear he needs to “get this right” and wants a haul for a three-time Vezina Trophy winner and one-time Hart Trophy recipient.

Diesel bill adds to cost-price squeeze on farm

Blessed with a week of good weather, most Manitoba farmers are now in the home stretch of harvest and beginning to assess whether their crop will earn enough to cover the cost of growing it.

Commodity market prices have surged well above the numbers used to prepare production budgets earlier this year, with the price of top-quality milling wheat up 27 per cent over a year ago. Canola and soybeans are up 36 per cent and oats by 14 per cent.

That’s a significant boost for the crops harvested in good shape before rainy weather shut down operations for a couple of weeks during the critical harvesting window. However, upwards of half of the province’s crop overall was affected by the bad weather, resulting in yet-to-be calculated yield and quality losses.

Then there’s the cost side of the balance sheet.

Carney’s ‘counterweight’ summit strategy

Modern summit diplomacy had very inauspicious beginnings. Winston Churchill is widely credited with coining the phrase “summit” in 1950 to describe a conference of global leaders. But it was another British prime minister, Neville Chamberlain, who initiated the first actual summit meeting 12 years earlier — with Adolf Hitler, no less.

It didn’t go well.

Over a one-month period, the two leaders met three times over the fate of Czechoslovakia. Hitler threatened war. Chamberlain threatened appeasement. Guess who won?

Chamberlain was so desperate for a peace deal and so convinced he alone could convince Hitler, that he swallowed his inhibitions and flew in an airplane for the very first time in his life. “If at first you don’t succeed, try, try again” he told reporters, explaining his tenacious summit activity. Skeptical of the spectacle, British Foreign Office wags quietly amended it to, “If at first you don’t concede, fly, fly again.”

Federal data on Winnipeg's number of homeless people inaccurate, advocates say

The head of End Homelessness Winnipeg says she has no confidence in data about the city’s homeless population due to problems with the federal system that tracks those numbers.