Sao Paulo water crisis adds to Brazil business woes Essay

Sao Paulo water crisis adds to Brazil business woes - Essay Example The Sao Paulo districts administrators are considering the possibility of rationing water for five out of seven days in a week. According to the laundry business owner, Mr. Soares, this move will affect him and the six employees he has at the laundry because they will lose their source of income (Costas 2015). Other businesses such as hairdressers, car washes, and restaurants are also worried about the impact of such rationing on their businesses. Some have resulted to purchasing water storage tanks to prepare for the rationing while others such as restaurants have adapted the use of plastic plates and cups to reduce their consumption of water. The article is important because it points out matters of concern on a national and global level. In recent times, climate change and water shortage have become a global issue. On the other hand, Brazil, which is one of the largest economies in South America, has gradually fallen into an economic crisis. Remarkably, the article quotes the chief economist of the largest private bank in Brazil who indicates that 2015 is projected to be a challenging year, and Brazil must tackle all its challenges as well as promoting growth strategies in 2016. Brazil’s economic situation is of global and local concern. In the past years, Brazil was constantly referred to as a stable and developing economy. The recent Brazil’s state affects global investors in addition to the citizen’s relying on the economy. Furthermore, the article is important because it touches on Brazil’s public services, which were subject to mass protests in 2013 and 2014 (World Bank 2015). The citize ns demanded higher quality services and transparency from the public service providers. The article mentions that the water situation could be foreseen since last year. However, none of the major parties mentioned the matter during the campaign season for the October elections. These factors point to the continued