first_imgAfter much pleading, Rio received nearly USD 300 million After much pleading, Rio received nearly USD 300 million from the federal coffers to extend its metro network to link the main Olympic zone of Barra da Tijuca with the chic Ipanema district.But the federal budget is in no better shape.Brazils primary fiscal deficit is forecast to be around USD 47 billion. And the government is confronted with double-digit inflation, unemployment at a record 11 percent. The climate has been worsened by political upheaval. The country is in the midst of a controversial impeachment process against its leftwing president, Dilma Rousseff, who has been suspended from office for alleged manipulation of public accounts.She has been replaced in the interim by her vice president, Michel Temer, who comes from the center-right PMDB party — the same grouping that runs Rio de Janeiro and the state housing it.Rousseffs fate is to be decided by the Senate in the coming months, likely in the middle of August, when the Olympics will be in full swing.The Games are expected to bring in 10,500 athletes and half a million tourists from around the world, with sporting events and Rio itself to be thrown into the glare of international media. AFP AH AHlast_img read more