Brazil’s Federal Government Announces R$2.9B for Olympics

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The federal government in Brazil announced R$2.9 billion-worth in financial aid to Rio de Janeiro to help the state put on the 2016 Olympic and Paralympic Games. According to officials the resources will be exclusively used to help pay for security during the events.

On Friday, Rio’s acting governor, Francisco Dornelles, declared that due to the ‘grave financial crisis’ there was a possibility that the . . .

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