After the Olympics

Despite hysteria in some sectors of the international press over Zika, raw sewage pouring into Guanabara Bay, and security threats facing athletes and visitors, the Rio Olympics proved successful as a sporting event. So, in the end, after initial lack of sponsor interest and slow ticket sales, did the Paralympics, which ended up beating Beijing … Continue reading After the Olympics

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The Olympics and Rio’s crisis

The interim federal government headed by Michel Temer of the PMDB has now responded to the declaration of a state of financial catastrophe by the heavily indebted state government of Rio de Janeiro, which has been in the hands of the PMDB since 2003. It has provided a 2.9 billion reais emergency cash injection. This … Continue reading The Olympics and Rio’s crisis