Olympics - For Brazil, Olympics mean the future finally has arrived - by Kevin G Hall
For the longest time, a joke about Brazil made the rounds in the halls of international financial organizations: Latin America's largest and most populous nation had a great future - and always would. No one's laughing anymore, as Brazil joined the ranks of the big-boy countries after Rio de Janeiro, a city known for sun and sin, was named the host of the 2016 Olympic Games on Friday. The win, on top of an earlier award to host soccer's 2014 World Cup, recognizes Brazil as one of the pillars of the global economy. It's an amazing transformation, considering that just eight years ago it elected Luiz Inacio Lula da Silva, a fiery former union leader who critics warned would lead his nation into socialism, or, worse, communism. For the longest time, a joke about Brazil made the rounds in the halls of international financial organizations: Latin America's largest and most populous nation had a great future - and always would. No one's laughing anymore, as Brazil joined the ranks of the big-boy countries after Rio de Janeiro, a city known for sun and sin, was named the host of the 2016 Olympic Games on Friday.The win, on top of an earlier award to host soccer's 2014 World Cup, recognizes Brazil as one of the pillars of the global economy.
It's an amazing transformation, considering that just eight years ago it elected Luiz Inacio Lula da Silva, a fiery former union leader who critics warned would lead his nation into socialism, or, worse, communism.
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