Sao Paulo Trails Los Angeles in Handling Drought, Moody's SaysBy
Brazilian city has 5 months of water; U.S. metropolis has 18
Moody's downgraded Sao Paulo utility to junk rating last week
Better planning, more of an effort to conserve water and the authority to set price increases left Los Angeles in a better position to handle its record drought than Sao Paulo, according to Moody’s Investors Service.
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