Rio to cut olympics by 10%
Rio DE JANEIRO - Organisers of next year's Rio Olympics said on Tuesday they want to cut down the cost of the Games by about 10% because of the bad economy in Brazil.
South America's first country to organise the Olympics is in big trouble, with the number of people with no jobs rising high. The International Monetary Fund said on Tuesday that Brazil's economy will continue to be bad for the next two years.