Three weeks after one of Brazil’s worst-ever floods hit its southernmost state, killing 155 people and forcing 540,000 from their homes, experts have warned that water levels will take at least another two weeks to drop.
The death toll across Rio Grande do Sul is still increasing daily, and more than 77,000 displaced people remain in public shelters, prompting the state government to announce plans to build four temporary “tent cities” to accommodate them.
The banks were among the guarantor lenders under a contract for the construction of a gas processing plant in Russia with Germany's Linde, which was terminated due to Western sanctions.