It lent the low interest loan to billionaire Batista under their ProCopa program, designed for companies looking to upgrade and build-out new construction projects ahead of the FIFA World Cup, already coming to Brazil next year.
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International soccer will take a belated step into the 21st century by introducing goal-line technology in time for the 2014 World Cup in Brazil, FIFA confirmed Tuesday.
Brazil is hosting the FIFA World Cup in 2014 and the Summer Olympic Games in 2016.
Fernandes, who was hugely popular with fans, had been tipped to play for Brazil in the 2014 Fifa World Cup finals.
The goal is to qualify the reception teams in charge of about 600 thousand foreign tourists that are expected to come to Brazil for the 2014 FIFA World Cup.
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Considering that Brazil will host the 2014 FIFA World Cup and the 2016 Olympic and Paralympic Games, and recalling the US experience in organizing events of this magnitude and the interest of the US Government in sharing this experience with Brazil, the leaders welcomed the signing of the Memorandum of Understanding on Major Global Sporting Events, aimed at intensifying bilateral cooperation, particularly on infrastructure, safety, and security.
With all eyes on Brazil as it prepares to host the next FIFA World Cup in 2014, Ronaldo says his country faces challenges on two fronts.
With an uncertain global macroeconomic environment ahead and Brazil rebuilding its infrastructure to welcome the 2014 FIFA World Cup and the 2016 Olympics in Rio de Janeiro, Mantega will have to prove that his execution is as sharp as his tongue to keep his country on track to becoming one of the biggest players in the world arena.
The FIFA World Cup matches begin on June 14, 2014, the start of winter time in Brazil.
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In a wide-ranging press conference following Friday's FIFA executive committee meeting, Blatter also addressed concerns about security at the 2014 World Cup in Brazil following the midweek problems at a top South American club match in Sao Paulo.
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Current FIFA Women's World Cup holder Japan won its opening match against Canada 2-1, while Brazil thumped Cameroon 5-0 and Sweden beat South Africa 4-1.
Current FIFA Women's World Cup holders Japan won their opening match by beating Canada 2-1 at the Ricoh Arena, Brazil thumped Cameroon 5-0 and Sweden beat South Africa 4-1.
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