Foreign Visitors to Spend US$200 Million in Brazil During Olympics

Foreign Visitors to Spend US$200 Million in Brazil During Olympics

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Foreign visitors coming to Rio de Janeiro to attend the Olympic will add an extra US$200 million in revenues to the country in August, according to the latest data from Brazil’s Central Bank. According to the entity, the volume of revenues is significantly lower than […]

Audiovisual Sports Exhibition Opens in Rio de Janeiro

Audiovisual Sports Exhibition Opens in Rio de Janeiro

By Chesney Hearst, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Exploring 120 years of sports through film and archival footage, the “Memórias do Esporte” (Memory of Sport) audiovisual exhibition will be open to the public July 28th through September 25th in the Centro Cultural Correios RJ. The opening ceremony will take place today, on […]

Brazilian Officials Say No Evidence of Second Terrorist Group

Brazilian Officials Say No Evidence of Second Terrorist Group

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Justice Minister of Brazil, Alexandre de Moraes vehemently denied rumors of the existence of another terrorist group planning attacks during Rio’s 2016 Olympic and Paralympic Games. “There is no second group,” he told reporters yesterday (Monday, July 25th). According to Moraes there is currently […]

Rio’s Olympics Expected to Run 43 Percent Over Budget

Rio’s Olympics Expected to Run 43 Percent Over Budget

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – After years of planning and implementing new infrastructure works, Rio de Janeiro will host the 2016 Olympics and Paralympic Games. The Games, according to the latest estimates, cost at least 43 percent more than initially budgeted and although the mega sports events may increase retail […]

Brazil’s Petrobras Sells Chilean Distribution Subsidiary

Brazil’s Petrobras Sells Chilean Distribution Subsidiary

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Moving forward with its divestment plan and Petrobras officials announced last week the sale of its Chilean subsidiary, PCD, to private equity firm Southern Cross Group for more than US$460 million. PCD is a fuel distribution company in Chile with 279 gas stations, eight distribution […]

Olympic Houses Take Over Rio During the 2016 Olympics

Olympic Houses Take Over Rio During the 2016 Olympics

By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL – While five billion people across the globe are expected to watch the 2016 Rio Olympics in less than two weeks, only the lucky visitors on the ground in Rio will be able to take advantage of the Olympic Hospitality Houses sprinkled in prime locations throughout […]

Russian Athletes in Limbo With IOC Decision for Rio’s Games

Russian Athletes in Limbo With IOC Decision for Rio’s Games

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – With less than fifteen days to go, Russian athletes are still unsure if they will be able to compete in Rio after the International Olympic Committee announced on Sunday, July 24th, that it would leave it up to each individual sports federation to decide whether […]

Usain Bolt Proves Ready for 2016 Rio Olympic Showdown

Usain Bolt Proves Ready for 2016 Rio Olympic Showdown

By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL – On Friday, July 22nd, the fastest man in the world, Usain Bolt, proved any news of his demise was premature. Coming off a hamstring injury that sidelined the Jamaican superstar sprinter for one month, Bolt stormed back into the Rio Olympics’ gold medal conversation winning […]

Mãe Preta (Black Mother) Exhibition Opens in Rio de Janeiro

Mãe Preta (Black Mother) Exhibition Opens in Rio de Janeiro

By Chesney Hearst, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – A new art exhibition, “Mãe Preta” (Black Mother) opened on Saturday, July 23rd at the Galeira Pretos Novos de Arte Contemporânea in Gamboa. Continuing through September 25th the works of the exhibition by artists and researchers Isabel Löfgren and Patricia Gouvêa explore issues faced […]

Best Places in Rio de Janeiro for Live Music 2016

Best Places in Rio de Janeiro for Live Music 2016

By Chesney Hearst, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – While there will be many official and special shows/concerts during the upcoming Rio de Janeiro Olympics, visitors and locals can find performances of live music from multiple genres in many venues throughout the city every night of the week. The following is list of […]