As Olympics Near, Brazil and Rio Let the Bad Times Roll

As Olympics Near, Brazil and Rio Let the Bad Times Roll

The country's economy has also fallen off a cliff, its gross domestic product dropping by 3.8 percent last year alone. Both the state of Rio de Janeiro and the city are broke — and the federal government is not in great shape, either. Teachers and the police have had their paychecks delayed. Those much-praised social programs have been cut back. Inflation is on the rise. So is crime. The state security budget has been cut. Just days ago, armed men attacked Rio's largest public hospital, successfully freeing a drug kingpin. Plus there's the Zika virus, which has hit Brazil hard. According to the International Monetary Fund, Brazil's economy has slipped to ninth in the world, behind not only Britain and France, but also India and Italy.

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