World Cup to Give ‘Short-Lived’ Boost to Brazil, Moody’s Says
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Brazil will get a “short-lived” benefit from hosting soccer’s World Cup this year, Moody’s Investors Service said in a report.
South America’s largest country is racing to finish several delayed infrastructure projects for the June 12 start of the monthlong event where 600,000 foreign tourists and 3 million domestic travelers are expected to take in 64 games in 12 cities.