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BRIC= Brazil,Russia,India, China. A term first coined by Goldman Sachs Investment Bankers. It is drawing attention to the phenomenal economic growth of these countries. Goldman Sachs are forecasting that by the year 2050 BRIC will be the largest economy in the world. Brazil for instance has weathered the global economic downturn much better then most countries.In fact its the largest economy in South America. Creative management , politics and business knowhow have helped tremendously.What do all these countries have in common? Hosting of major international events such in Brazil the 2016 olympic games, 2014 worldcup soccer, Carnival in Rio, attracting huge numbers of international visitors and international businesses setting up shop in Brazil. A major oil discovery has also added to this . The middle class of Brazil has more disposable income and is spending freely. In Russia its the same , the olympic games of 2016 in Sochi is attracting worldwide attention business opportunities are in abundance, in addition the russian government is actively seeking to host the 2018 worldcup soccer matches and the eurasian song festival, again attracting large numbers of international businesses.China has already hosted the olympic games in Beijing and is a powerhouse of finance and manufacturing , as indeed is India.
Through carefully orchestrated forward planning and a willingness to co-operate with other countries a financial reward is in the making for the population of those countries. Needless to ask, how would this effect the balance of power in the world? Is the western world doomed? At least financially. Do we need better leadership in the western world, only time will tell

The 2014 Sochi Olympic games is right on schedule. Russia is building most venues from the beginning, including 90 kilometres of new roads into the mountain regions of the CaucasusOther construction will include 16 new hotels and 10 old ones are to be remodelled. A light railway linking the snow sport arena with the ice sports venues is also under construction

Gold medal winner in the downhill racing in Grenoble olymic in France and now IOC member Jean Claude Killy is monitoring the progress at Sochi is quoted as saying” there has been rapid improvement over the last 12 month, the road to the games is long and presents many challenges, a lot of work is still to be done”
Russia’s Deputy Prime Minister Dmitry Kozak is reported saying” within 1 year we’ll be able to host the first Alpine competion”
“construction is well on schedule.”
Russia has also secured another mojor sponsor , russina sportwear maker Bosco who is producing all olympic sports clothing for the russian olympic team including volunteers and officials. The deal is reported to be worth $100 mill.
The total sponsorship deal so far has reached $750 mill.
The European Cup in Alpine skiing will officially open for competion in February 2011. In addition in the following years 2012 and 2013 as many as 70 test events will take place

Australia’s hope for the medals at Vancouver. Mogul skier Dale Begg – Smith has had an incredible success at Lake Placid ,New York . His victory rocketed him to world No.1 with 109 points clear of his nearest rival Alexandre Bilodeau. Dale needs to prove himself in Turin before setting out to Vancouver . Dale will lead the australian team into the olympics at Vancouver in the snowboarding and skiing competion. Well done Dale, a wonderful achievement

News came to hand today that Rio de Janeiro’s competion venues meet the International Federation’s requirements . Additionally the IOC and the IPC are in alignment with the city masterplan and strategy. Most venues are already operational and either recently developed or upgraded . These are the 4 cities to stage to worldcup soccer match :Brasilia, Belo horizonte, Salvador and Sao Paulo. It is going to be a wondrful time for Rio and its citizens , Hopefully the disturbances and crime rate can be kept at bay.

Canada has released the gold, silver and bronze medals which will be awarded to the winners of the competions. The designs are really beautiful as they reflect the the themes of Canada’s landscape . Mountains Ocean undulating landscapes. The report which describes these medals stresses the amount of work and innovative design of the medals, its uniques in the shapes. A team of 40 crafstmen have laboured and designed for 1 year to produce these outstanding items to such exquisite quility . It was necessary to strike each die 3 times before the sculpted effect could be produced. To make the metal more pliable a new technique has been developed. An outstanding achievement , the winners of each respective medal will be proud to display