Brazil’s New Government imposes Rio Water Privatization to Pay for Olympic Games | Global Research - Centre for Research on Globalization
A few weeks after the May coup against Dilma Rousseff by conservative
parties backed by the country’s largest corporations, Brazil’s “interim”
government, led by Michel Temer, signed an emergency loan to the State
of Rio de Janeiro to help finance infrastructure for the 2016 Olympics –
in particular for a subway line connecting the sports venues. The
bailout was conditional to selling off the State’s public water supply
and sanitation company, the Companhia Estadual de Águas e Esgotos
(Cedae).
