EDMUNDO ARRESTED !!

UPDATE !!!!!........YESTERDAY I REPORTED THAT THE RIO DE JANEIRO STATE POLICE WAS SEARCHING FOR EDMUNDO, THE FAMOUS FOOTBALL PLAYER. THEY LOOKED FOR HIM IN FIVE ADDRESSES IN RIO, BUT COULDNT FIND HIM. WHY? BECAUSE HE WAS IN THE CITY OF SAO PAULO, ANOTHER STATE. THEY FOUND HIM LAST NIGHT IN AN APART HOTEL IN A POSH AREA KNOWN AS ITAIM BIBI. EDMUNDO KNEW HE WAS GOING TO BE ARRESTED, SO WHY DIDNT HE GIVE HIMSELF IN? THE RJ POLICE SPENT A LOT OT TIME AND MONEY...THIS WAS BAD EDMUNDO, YOU WERE A VERY GOOD PLAYER, NOW THE JUDGE WILL BE ANGRY AT YOU FOR AVOIDING ARREST, GIVE YOU HARD TIME. MAYBE HE WILL GO TO JAIL FOR SEVERAL YEARS.

RJ Real Estate is Booming

Even with similar prices as in NY,Paris or Tokyo, large scale investors continue buying property in Rio de Janeiro. Construction giants such as Concal or Mosak, whose specialty is selling high cost property, don´t even bother to set up sales stands in new buildings: by using telemarketing they can sell a complete building in less than a month.

SEE VIDEO OF NEW HOSTEL IN COPACABANA

In 2010, Mosak bought a plot of land in Leblon , built a 24 apartment block (all were 90 square meter units) , that were sold in less than 30 days. The prices ranged from 1.5 million reals to 3 million Reals. The majority of the investors are from São Paulo, Minas Gerais and Rio itself. The forthcoming 2014 Fifa World Cup , 2016 Summer Olympics and the much improved security situation, explain why there is so much interest in investing in this city.In the high season that includes New Year´s fireworks show (the biggest in the world) and Carnival, monthly rentals can reach R15,000 while a day in an apartment can easily cost R1000.

RIO has 4th highest commercial rentals in the world

According to an article published in DestakRio , a local newspaper, Rio de Janeiro has the 4th most expensive commercial rental prices in the world, only Hong Kong (1) , London (2) and Tokyo (3) have higher prices. According to CB Richard Ellis, RJ has another record: only 2% of the offices were not rented during the last quarter of 2010. Big industries need offices of an international standard, and Rio is receiveing a lot of investment before the 2014 FIFA World Cup and the 2016 Olympics, said Leo Schneider ,VP of the local real estate association. Also Rio appears in another segment, the most expensive rentals for commercial property (outside the city center): these are 1) Hammersmith (London) and 2) Barra da Tijuca (Rio de Janeiro) 3) South East Paris 4) Greater Geneva (Switzerland).

RIO´S ECONOMY IS BOOMING AS URBAN VIOLENCE DECLINES

BY DANRJ:

According to "O Globo" , a local newspaper, the industrial production in the State of Rio de Janeiro increased 5,5% in November, while the national average went down 0.1%. This is just one sign of recovery for the Rio economy, that had been lagging behind for decades compared to the rest of Brazil. After being chosen to host the 2016 Olympics de 2016 and the final of the 2014 Fifa World Cup, Rio has become the center of global attention. There has also been a drastic reduction in urban violence urbana and a more optimistic atmosphere for business. For example in October 2010 there were 317 murders in the city, while in the same month of 2008 there were 454 violent deaths. In a recent Global Metro Monitor report published by the London School of Economics and the Brookings Institution. of the 150 main cities in the world, Rio has seen the biggest leap in the rankings, from the 100th position to 10th.

RONALDINHO FINALLY SIGNS UP FOR FLAMENGO

by DANRJ

RONALDINHO GAUCHO promised Flamengo fans to give his best effort during the 2011 Brazilian championship. The famous midfielded was confirmed today as the new signing for Rio´s most popular football club.
"I was well received by the Flamengo fans when I arrived in Rio de Janeiro . They can expect the best from me. I am glad to be back in Brazil and I am keen to play for Flamengo, " said the player in the Flamengo website.
Ronaldinho´s contract is until 2014, and also he wants to recover form and play in the 2014 World Cup. Ronaldinho always said that he wanted to live in Rio, where he has beachfront apartment in the exclusive Barra da Tijuca neighborhood,where he likes to play "foot-volley". Meanwhile, in the southern city of Porto Alegre, the fans of Gremio, (Ronaldinho´s first club in Brazil), have attacked his brother´s house with stones and have published threats in several websites. The fans were expecting Ronaldinho to return to Gremio, but after his decision to play for Flamengo, have accused the player of being "a mercenary" and a "sellout".
Ronaldinho Gaucho, was fundamental during the 2002 World Cup in Korea, when Brazil won the trophy for the fifth time. He was elected Best Player of the World by Fifa in 2004 and 2005.

RECONSTRUCTION OF MARACANA STADIUM MAY TAKE LONGER

The cost of remodelling Rio´s Maracana Stadium may cost up to 1 billion Brazilian Reals, and also will take longer than expected. A local press article stated that the Consórcio Maracanã Rio 2014, the company in charge of the project has discovered that more parts of the original structure of the stadium, that was built in 1950, are deteriorating. Therefore the reconstruction will not be ready by December 2012 as was originally planned, but only six months later, in time for the Confederations Cup in 2013.
At present the cost of the project is estimated at R$712 million. A local expert called João Luiz Casagrande, said that the original metallic and concrete structures were planned to last 50 years, but Maracana Stadium has been in use for 60 years.

Major Infrastructure Projects for Rio de Janeiro

By DanRj on November 12, 2010.

According to Rio´s main newspaper, O Globo, there are several projects planned for the city from now until 2016. The Federal government will grant Rio a total of 20 Billion Reals in order to modernize the city for the 2014 Fifa World Cup and the 2016 Olympics.
The most important projects are:
1) Expansion of subway from Ipanema to Barra da Tijuca: 5 Billion reals investment.
2) Maracana: The world´s most famous football stadium will be host to the final match of the 2014 World Cup. The project will modernize the area according to FIFA standards.
3) TRANSBAIXADA: This new highway will connect the Via Light ( a 10,5 km highway ) with the Rio-Petropolis road.