- A string of embarrassing incidents five weeks before the Olympics kick off in Rio has put organizers on edge as Brazil suffers its worst recession in decades.
- This week, a human foot washed ashore just yards from where beach volleyball players will compete, several muggings of athletes took place, and the country's top antidoping official was replaced after Rio's testing facility was suspended by international authorities.
- "I hate to use this phrase again, but it's like another perfect storm," announced organizing committee spokesman Mario Andrada.
- ETFs: EWZ, BRF, BRZU, EWZS, BZQ, BRAQ, BRAZ, UBR, DBBR, FBZ