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Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – With a very limited budget, organizers of the Rio 2016 Olympics and Paralympics opening and closing ceremonies promise creativity to make up for the reduced funds. The budget for next year’s ceremonies in Rio de Janeiro are said to be at least ten times smaller than funds made available for the 2012 London Olympics.

For the London Games, organizers spent nearly £$27 million (equivalent to R$90 million at the time) for the opening ceremony. The forecast cost for Rio’s Olympic opening ceremony is now R$9 million, a . . .

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