Soccer World Cup Stadium Costs Soar by $435 Million in Brazil
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The cost of 12 stadiums being prepared for next year’s soccer World Cup in Brazil has soared by almost 1 billion reais ($435 million), according to the government.
The increase was expected following delay and cost overruns at several venues. Soccer’s governing body has demanded all the work be completed by next month, a deadline unlikely to be met in some cities.