Author Topic: Brazil Too Broke  (Read 1427 times)

Offline Kim Jong-Un's Pajama Pants

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Brazil Too Broke
« on: June 18, 2016, 08:05:05 PM »
to host Olympics.  Rio Governor has declared a state of calamity.  But the games are still on.  Patriotism.

Quote
Just seven weeks before the opening ceremony of the Olympics, the governor of Rio de Janeiro has declared a "state of calamity." Interim Governor Francisco Dornelles says the state's government is bankrupt and can't meet its financial commitments ahead of the games.

The financial emergency is just the latest crisis to hit Brazil. The country's president is facing impeachment proceedings and the country is in the middle of an economic recession. A security crisis and the Zika virus have also rattled Brazil, as Lulu Garcia-Navarro has reported.
http://www.npr.org/sections/thetwo-way/2016/06/18/482593048/rios-governor-declares-state-of-calamity-ahead-of-olympic-games

"I freed a thousand slaves.  I could have freed a thousand more if only they knew they were slaves."

Harriet Tubman