Brazil Faces Risk of Power Rationing: Daily

By William Jones, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Brazil is facing a distinct possibility of experiencing power and water rationing due the severe drought that the country has been experiencing since the beginning of the year, according to a report published by energy analysts from BTG Pactual, a Brazilian investment bank.

The lack of rain, which is responsible for emptying dams and reservoirs across the country, represents Brazil's worst drought in forty years. This has led experts from BTG Pactual, investors and trading specialists, to suggest that energy rationing would be "prudent," especially due to the fact that . . .

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