By Helen Trouten Torres, Contributing Reporter

RIO DE JANEIRO, BRAZIL - It may be no coincidence that recent mega-events have been awarded to countries with developing economies; the 2008 Beijing Olympics and 2010 World Cup in South Africa were both hosted by BRICS. The events are capable of generating unique enthusiasm in a worldwide audience and present lucrative financial opportunities and have become an imperative for nations trying to attract international investment.

Recently, The Rio Times reported on the expected

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