Brazil's government authorized an emergency transfer of 2.9 billion reais (US $850 million) on Tuesday for the cash-strapped state of Rio de Janeiro to help pay for infrastructure projects and security for the Olympic Games in August.
The metro line extension that will connect Rio de Janeiro's Olympic Park in Barra de Tijuca with the rest of the city is at risk of not being finished before the Games start in August
India needs to fix policy paralysis in order to reach teh top slot in solar power.
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.