The announcement followed this week’s visit to the Olympic city of Rio de Janeiro by interim president Michel Temer, who said the federal government would ensure obligations are met. Photograph: Sergio Moraes/Reuters
The Guardian: Rio de Janeiro governor declares state of financial emergency ahead of Olympics
Emergency measures needed to avoid ‘a total collapse in public security, health, education, transport and environmental management’
Forty-nine days before the opening of the Olympics, the governor of Rio de Janeiro has declared a state of financial emergency and begged for federal support to avoid a “total collapse in public security, health, education, transport and environmental management”.
The plea for funds is an embarrassment for the host of South America’s first Games and adds to a long list of woes that includes the impeachment of the president, the deepest recession in decades, the biggest corruption scandal in memory, the Zika epidemic and a wave of strikes and occupations of government buildings.
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WNU Editor: Another example on what happens when governments lose control of their spending .... and run up a debt that cannot be paid.
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