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Rio Olympics tightening belt amid crisis

Olympic Games Rio 2016 Communications Director Mario Andrada speaks during an interview with AFP at the Organizing Committee's headquarters in Rio de Janeiro, Brazil on December 14, 2015The 2016 Olympics are 80 percent ready, but Brazil’s punishing economic crisis has forced organizers to dramatically tighten their belts, they said Monday. In the six years since Rio de Janeiro was named to host the Games, Brazil has gone from being an emerging market phenom to being mired in recession and political crisis. The VIP area will be more modest than at past Olympics.

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