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In the YouTube video "Depois de seca histórica, Rio Negro volta a subir," the speaker discusses the recent climate events affecting the Rio Negro river in Brazil. After experiencing its worst drought in the last 121 years, with levels dropping to historic lows of 12.70 cm in Manaus during the dry season, the river has surprisingly surged past the 21-meter mark, almost doubling the minimum value. This welcome rebound has stimulated economic activities like river transportation and tourism that rely on the water levels. However, the speaker emphasizes that despite the improvement in the river conditions, the Amazonas state remains in a critical state, with 62 municipalities still experiencing emergencies.