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Green Or Gone

Brazil, The Price Of Becoming The Saudi Arabia Of South America

Petrobras, the state-owned Brazilian oil and gas company, may post big numbers but it has a backward strategy.

At a gas station in São José dos Campos, Brazil, on March 2
At a gas station in São José dos Campos, Brazil, on March 2
Natalie Unterstell

BRASILIA — The year was 2009. On prime-time Brazilian TV, an ad celebrated the country's energy self-sufficiency and the blessing that pre-salt oil had been. Politicians in the National Congress avidly debated how to use the proceeds from offshore oil exploration.

Meanwhile, another critical negotiation was taking place at the UN: the 15th Climate Change Conference in Copenhagen. While the conference was widely regarded as a failure, Brazil presented an ambitious proposal to reduce deforestation and cut emissions by 2020. It was the first time that the country had committed to such a goal on the international stage and enshrined it into law. Not a word about the oil, gas or fossil fuel industries.

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Geopolitics

Has Lebanese Politics Finally Freed Itself Of Iran's Influence?

Lebanon's recent elections have shrunk the legislative block led by national power-brokers Hezbollah. But will a precarious new majority be able to rid the government of the long shadow of Tehran?

Supporters of pro-Iranian Hezbollah sit in a street decorated with picture of the party chief Hassan Nasrallah

Ahmad Ra'fat

-Analysis-

The results of parliamentary elections in Lebanon, have put an end to the majority block led by Hezbollah, the paramilitary group concocted by the Islamic Republic of Iran. Hezbollah and its Christian allies, the Free Patriotic Movement, led by President Michel Aoun, lost their 71 seats and will now have 62 (of a total 128 seats).

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