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Room prices rocket in Rio as landlords dig for Olympic gold

- Taxi driver Vitor Hugo Alves is trying to rent out his three-bedroom apartment in the traditional neighborhood of Cosme Velho for 8,000 reais ($2,305) per night during the games. IMAGE: An......
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Brazil arrests Rio Olympic committee chairman on corruption

Brazilian police arrested the chairman of the country's Olympic Committee as part of a probe into alleged vote buying to secure Rio's hosting of... ...

http://www.business-standard.com/article/pti-stories/brazil-arrests-rio-olympic-committee-chairman-on-corruption-117100600197_1.html

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