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Rio Declares State of Financial Emergency Before Olympics

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – On Friday, Rio de Janeiro’s acting governor, Francisco Dornelles, alarmed international media by declaring a financial emergency in the state. However Rio’s mayor, Eduardo Paes assured reporters on Sunday that the current financial crisis faced by the state will have no affect on the 2016 Olympic Games, scheduled to start in the city in less than 45 days.

“The crisis of the state has nothing to do with the Olympics. It affects zero of the Games,” said Paes during the inauguration of the Via Expressa Tunnel. “What [financial . . .

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