By Strawberry Daiquiri, October 2009
The 2016 Olympic location has just been announced to be in Rio de Janeiro (Brazil) beating out Chicago, Madrid, and Tokyo. Adding on to the fervor, in 2014 the World Cup will be held in Brazil.What does this mean for the country? A faster and more effective improvement both politically and economically in the next couple of years for the country.
From an economic standpoint, many improvements in the country will cause Brazil’s market to do well, greatly benefiting those who are strongly invested in the country; the tourism, construction, electric, airline, iron ore miner, cement, etc. are all expected to boost the economy. Politically, President Luiz Inacio Lula da Silva, “Lula,” has been very supportive of the games, effectively planning Brazil’s next steps of the planning process and the role it will take in the global economy.