Till recently, Rio De Janerio, the seaside city of Brazil was excited to host Summer Olympics, which is going to be held during the month of August. But, it appears as if there are some hurdles which upset the whole idea. Now, everyone, including the leaders is skeptical about hosting the games here in Brazil. If we get to the bottom of the point at issue we can easily comprehend that there are mainly political upsurge and health issues which are a stumbling block to making a headway to progress. To top it all, the country is now in a deep financial crisis, which further aggravates the gravity of the problem.I am now going to discuss how bad is the political and other factors to affect 2016 Olympics.
This country was undoubtedly having an economic upturn before it started facing a terrible recession from the year 2014 and it is not expected to improve during 2016.Even the games organizing committee has downsized the budget for the games by 10% because of the reason that the country can't afford to spend lavishly. The committee has further informed that it wanted to stay within their already decided projection of 1.9 billion dollars. It is sad that the economy of this country has shrunken by 2.7 % during the last year with inflation rising to 9.5%.