By Jayme Monsanto, Senior Reporter

RIO DE JANEIRO - The Brazilian Olympic Committee (COB) and the Prefeitura (local government) have just signed a deal to invest more money in young Carioca athletes that have medal potential in the London 2012 and Rio 2016 Olympic Games.

Time Rio ('Team Rio') is the name of the new project, and as a result between ten and thirteen high performance athletes that live or train in Rio will, along with their training team, receive a total investment of R$12 . . .

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