Wednesday April 1, 2020

Olympic opening ceremony highlights cash crunch in Brazil

Almost half of Brazilians are against hosting the Olympics

6th August, 2016
Tickets remain on sale for most events in the Olympics Pic: Rex Features

Ready or not, here comes Rio de Janeiro. The Olympic games opened Friday with last-minute funding and an interim head of state, underscoring the economic and political turmoil gripping host country Brazil.

Ceremony organizers had to make do with a budget that’s a fraction of the amount spent by 2012 Olympics host London. It wasn’t enough; they needed eleventh-hour government funds to make ends meet, breaking Rio 2016’s long-held promise for the...

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