Macroeconomy/Finance

Investors boycott Brazil over Amazon deforestation concerns

As global concern about the fires devastating parts of the Amazon rainforest peaked in August, one of Scandinavia’s biggest investors dropped a bombshell. Nordea Asset Management which controls more than €200bn of funds, announced it was quarantining Brazilian government debt because of political and environmental risks.

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Source: FT

Categories: Macroeconomy/Finance

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