Wednesday, November 18

News From Brazil

O Rio de Janeiro, my adopted hometown, so many great things will be happening to Rio in the next few years, my hope is that is will finally come back to the glamourous city that it once was.
Decades of military rule followed by incompetent government both on the municipal and state level has left Rio an empty shell of what it once was. Crime, intertwined with corruption, hasnt helped either.
With the World Cup in 2014 and the Summer Olympics in 2016, Rio will be at the forefront of international attention. Hopefully the news will be positive.
Here is a list of some of the news from Brazil over the past few weeks.

1. Madonna just spent a week in Rio de Janeiro and secured a 7 million USD donation from local billionaire Eike Batista for her foundation in Malawi. Madoona is the patron saint of cougars....

2. The popular sports of frescoball and soccer have been banned on the beaches in Rio between 8 am and 5 pm until March. Overcrowding and stray balls add up to injuries during the summer. Its unfortunate because they are both popular sports and are part of the beach culture. Some of my friends consider it a human rights issue!

3.Want to spend a week in Rio de Janeiro in style during Carnaval? If you can muster up the money, this penthouse on Copacabana Beach is fit for a king.

4.Petrobras (the national oil company) is showing its strength and is now the 4th largest oil company in the world. Their off shore blocks are proving to be very rich in reserves. Their stock has now rebounded to pre crisis levels.

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