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Madeira Dam Project Causing Dispute in Brazil

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Brazil, BRASILIA

The Brazilian state-owned development bank BNDES has announced that in less than one month it will approve a loan of $1.6 billion USD for construction of the Jirau Dam on the Madeira River in the Amazonian State of Rondonia. The Jirau Dam is the first step in a series of serious engineering interventions to be done to Madeira basin, a transboundary river and the largest