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Saturday, 18 June 2016 - 6:45
Rio state declares 'public calamity' over finances
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The Brazilian state of Rio de Janeiro has declared a financial emergency less than 50 days before the Olympics.

Interim Governor Francisco Dornelles says the "serious economic crisis" threatens to stop the state from honouring commitments for the games.

Most public funding for the Olympics has come from Rio's city government, but the state is responsible for areas such as transport and policing.

Interim President Michel Temer has promised significant financial help.

 

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