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A fire burns after spreading onto a farm along a highway in Nova Santa Helena municipality in northern Mato Grosso State, south in the Amazon basin in Brazil, on August 23. Photo: JOAO LAET / Contributor

Brazil prepared for an "unprecedented" operation, deploying 44,000 troops starting Saturday to fight the fires that have blanketed the Amazon region and prompted anti-government protests, as well as global condemnation and widespread concern, reports AP.

Why it matters: Brazilian President Jair Bolsonaro, known as a far-right populist and climate science cynic, authorized use of the national military to battle the blazes on Friday as international pressure mounted. French leader Emmanuel Macron led the charge, threatening to block a European Union trade deal with Brazil had Bolsonaro failed to act, reports the New York Times, adding, "The moves zeroed in on a sensitive spot for Brazil’s pro-business leader: the country’s fragile economy."

By the numbers: There have been 40,341 fires in the Amazon already this year, per the NYT. More than 1,330 square miles have been torched in the first 7 months of 2019.

  • Per the AP, the military will use two C-130 cargo planes to drop as much as 12,000 liters of water on the flames.
  • Reality check: Brazil's dry season often results in wildfires, but the country has not seen "blazes of a scale not seen in nearly a decade," per the NYT.

What's next: Macron and German Chancellor Angela Merkel said G7 leaders would discuss the fire in the Amazon over this weekend.

  • However, "...it is far from clear whether [Bolsonaro] will reconsider any of the policies that, experts say, have contributed to the rapid pace of deforestation since he took office in January," the NYT notes.

Go deeper

It's official: Stock market having worst start to year ever

Data: FactSet; Chart: Axios Visuals

It's been a decidedly ugly start to the year for the stock market, with particular pain in the tech trade.

State of play: As of the end of trading Tuesday — the 16th session of the year — 2022 is now, officially, the worst-ever start in the history of the S&P 500, according to data from Ned Davis Research, a stock market research shop.

Surprising pandemic side effect: Soaring trade deficits

Source: Census Bureau and Bureau of Economic Analysis; Chart: Axios Visuals

Inflation and jobs may get all the economic headlines, but meanwhile a big shift is taking place in the underpinnings of the world economy: The U.S. trade deficit is soaring.

What's happening: Americans' spending on imported physical goods has gone through the roof, while exports are growing slowly, making the U.S. the world's consumer of last resort.

Mike Allen, author of AM
3 hours ago - Politics & Policy

Third Way: "Big Lie" could become "Big Coup"

Graphic: Third Way

Third Way, the center-left think tank, is urging fellow Democrats to respond to the Capitol riot with "the size, scope, and seriousness of a presidential campaign," co-founder Matt Bennett tells me.

Driving the news: "For the first time in U.S. history, a party must mount two parallel presidential campaigns: one to win the election, and the other to prevent its theft," Bennett said, calling this "a Paul Revere moment."