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Cariocas, as the residents of Rio call themselves, are still reeling from the cost of the last big athletic event held in their city. The budget for the Pan American Games of 2007 was $177 million. It probably cost several times that at the end (some reports estimate it at close to $2 billion). For the biggest athletic event of all, the Rio Olympic organizing committee has set its budget at $2.82 billion, with another $11.1 billion going to related expenses such as transport, power and security. (Another $170 million has been set aside for the Paralympic Games which usually...

Author: /time Magazine | Title: Rio Wins the 2016 Olympics: Now For the Hard Part | 10/2/2009 | See Source »

There are eight existing venues that need to be renovated in time for the Games, including the João Havelange Stadium where the track and field events will take place. Three of the venues are new, built for the Pan Am Games; however, they do not meet the IOC's size or technical standards. The velodrome for track cycling, the aquatics center for diving and water polo and the João Havelange Stadium all need extensive work. The existing sites for archery, sailing, rowing, equestrian, shooting, kayak and rowing, as well as the route of the marathon also...

Author: /time Magazine | Title: Rio Wins the 2016 Olympics: Now For the Hard Part | 10/2/2009 | See Source »

...favorite, adds a throaty, R&B vibe to the song's rocking swagger. It's one part sweet and two parts sultry, giving the gender switch a sensual twist. Elsewhere, she shows a talent for duets, such as in the Mandarin ballad "Unexpected," counterpointing American-born Taiwan singer Will Pan's smooth tones in a manner that neither controls nor submits. (Asia's best bands...

Author: /time Magazine | Title: The Asian Rihanna? | 9/28/2009 | See Source »

...Pan Ams reportedly ended up costing many times the original estimate of $177 million, a phenomenal amount given that none of the money went to the promised infrastructure projects. (Some reports had the final costs in Rio close to $2 billion; the costs of the 2008 Beijing Summer Olympics, according to Chinese organizers, totaled roughly $2.5 billion.) Some commentators said that was indicative of corruption, but it also suggests serious deficiencies in organization and planning. "Brazil is still learning how to do continuous public policy," Alencar said. "Public works are emergency, localized, specific. There is no strategic planning involved. That...

Author: /time Magazine | Title: Rio's Olympics Quest: Can It Handle the 2016 Games? | 9/25/2009 | See Source »

Nevertheless, those betting on Rio may take heart from the fact that the IOC appears to have skimmed over the Pan Am Games debacle. Rio's bid, which promises more such transport links and infrastructure projects, was described as "detailed and of a very high quality" by the games committee in its most recent report. Another upside is that Rio has a well-deserved reputation as one of the world's most stunningly beautiful and welcoming cities. The third upside is the one that Lula and Rio officials have been hammering home: that fair is fair; that this is South...

Author: /time Magazine | Title: Rio's Olympics Quest: Can It Handle the 2016 Games? | 9/25/2009 | See Source »

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