BRAZIL: #RIO2016 funding crisis with less than 50-days to go before start of the games – @AceFinanceNews

#AceFinanceNews – June.19: Rio de Janeiro state govt declares ‘state of calamity’ over funding shortage ahead of Olympics
Preview Rio de Janeiro state authorities declared a “state of public calamity” on Friday, less than 50 days before the start of the Olympic Games, amid a massive funding gap.

The move is meant to trigger the release of additional federal funds….

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