Olympic Games (Moody’s)

Olympics will give Rio long-lasting infrastruture benefits boost, but will hardly affect Brazil’s economic slump published by Moody’s (5/2016). “Rio de Janeiro’s upcoming summer Olympic games will give the city some lasting infrastructure improvements, as well as a temporary boost in tax revenues, but once the events are over, the country will wake up once again to its deepening recession, said Moody’s Investors Service.”

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