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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (63387)	5/29/2010 8:10:38 AM
From: Snowshoe	Read Replies (1) \| Respond to of 217830

So how do you say mañana in Portuguese? :O) Brazil's World Cup: The Worrying Starts Early time.com FIFA has already been worrying out loud. Earlier this month, the organization's Secretary General Jerome Valcke noted that preparations were so far behind schedule that Brazil is considering reducing the number of host cities from 12 to 8. He lambasted Brazilian soccer bosses for ignoring the agreed deadlines — which the country's planners have refused to divulge — and said it ran the risk of having to build stadiums at the last minute. ... But while Brazil has continued to produce star after star on the field — it is the only nation to win the World Cup five times — its skills at organization have seemed almost amateurish. Officials waited more than a year after winning the bid to choose the 12 host cities (at least five of which must be ready for the 2013 Confederations Cup). What's more, it has done little to address the basic infrastructure of airports, ports and highways, which clearly cannot support the expected influx of fans. ... Of the 12 stadiums, nine will be publicly owned. Those projects will be eligible for low-interest loans of up to 400 million reais (around $215 million) either to build a new structure or remodel an existing one. But no one has applied for a loan yet. Skeptics say both the nine local governments and three privately owned clubs involved in the bid are deliberately holding off, hoping that the government will be forced to jump in at the last minute and give them the money, allowing them to avoid taking out a loan altogether. "They're waiting to see who'll blink first," said Bernasconi. "Everybody wants to go to the party but no one wants to pay for it."