Lula Protects Amazon From Foreigners

By Doug Gray, Senior Contributing Reporter

RIO DE JANEIRO - As overseas investors continue to speculate on the thriving Rio de Janeiro property market, Brazilian President Luiz Inácio Lula da Silva came out against the untethered purchasing of land by foreigners last week, saying that he intends to protect the country from the proliferation of foreign ownership.

The comments came at the launch of the 2010-2011 Agricultural and Livestock Plan, and were specifically directed towards the increasing number . . .

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