Olympics, Cup In Jeopardy

A new bill passed by the Brazilian Congress, which would share out oil revenues amongst the country's 27 states, "could compromise" the state of Rio de Janeiro's ability to host the mega sporting events coming up in the next few years, according to Viana, Sorosini & Barros of GLOBO. The bill still needs President Dilma Rousseff's signature before it can be made into law. Rio de Janeiro state Governor Sergio Cabral was quick to criticize congress' decision. Cabral said, "A law project like this would create a collapse in the public finances of the state. It's absolutely not viable. We are going to close our doors, we won't do the Olympics, we won't do the World Cup."