Money, Power and Sport
Last Friday the Brazilian city of Rio de Janeiro was selected to host the Olympic Games in 2016. Brazilians celebrated as only they can – they flowed into the streets in a riot of colour and music. It was a familiar sight. The reason too was familiar. In just a decade, Brazil is going to host three major world events – Pan-American games in 2007, football World Cup in 2014 and the Olympics in 2016. It’s a rich harvest.