Rio Olympics Slims Down as Brazil’s Economic Crisis Bites

Andrew Downie – Reuters, 01/19/2016

The grandstands for watching rowing and beach volleyball at the Rio de Janeiro Olympics are to be reduced in size to cut spending as Brazil’s economic crisis hits home, Olympic officials said on Tuesday.

The number of volunteers has also been cut from around 70,000 to 50,000 and the total of cars slashed by 20 percent to 4,000 from an original estimate of 5,000, Rio 2016 spokesperson Mario Andrada told reporters.

The moves come after four months of negotiations between Brazilian organizers, the International Olympic Committee and federations from around the world over how best to trim spending and ensure that South America’s first Olympic Games do not go over budget.

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