The Brazilian version of Donald Trump thumbs his nose at heads of state of other countries, but when it comes to foreign investors, he sits up and listens:
Brazil's Bolsonaro under pressure to protect AmazonFaced with investors demanding "results" in the fight against Amazon deforestation, Brazil's government seems to be performing something of an about-face, although it will have to work to convince skeptics.
The simple fact that Vice President Hamilton Mourao committed on Wednesday to cutting deforestation and forest fires "to an acceptable minimum" was a mini-revolution in the administration of far right President Jair Bolsonaro.
The threat from foreign investors is taken very seriously by a government that needs capital to reignite an economy ravaged by the coronavirus.
"Brazil is banking on foreign investments to emerge from the crisis. These foreign investments are important for a number of areas: sanitation, infrastructure," said Rubens Barbosa, former Brazilian ambassador to the United States and now director of an international relations and foreign trade institute.
