Host City for the Olympics 2020: Madrid, Tokyo, or Istanbul?

After several months of waiting  to know which city will be winner to host the Olympic Games in 2020, the day has finally arrive. Today,  is the big day and the day of the truth for these three beautiful cities: Madrid 2020 (@Madrid2020ESTokyo 2020, and Istanbul 2020. All of them offer great space to host this important event; nonetheless, in my perspective,  I think the best place/option to host such important games is Madrid 2020. Madrid is a beautiful city that is prepared: it has a great infrastructure, it is a safe country, and its transportation, culture, and people make of this city the perfect place to celebrate.

Many people might say that Madrid is not prepared due to the economic crisis the country is facing and then, Tokyo shows up as the best option; I might say, right now Madrid could be facing a tough situation; nonetheless, I totally believe this event will push the country to move on. All people from Madrid and the whole country, Spain, will be happy and proud of being the host city/country in 2020. Go Madrid 2020!  

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Global Recovery Leaded by Developed Economies

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During the last years, we have seen an emerging market growing at fast-pace rates every quarter; hence, leading the global economic growth. The main countries experiencing such growth were mainly  the BRIC’s countries, which are Brazil, Russia, India, and China. Nonetheless, this situation has changed this year, for the first time since the start of the financial crisis Japan, The U.S., and Europe together are contributing more to the global growth than the emerging markets according to an estimate by investment firm Bridgewater Associates LP.

Among the factors to this shift: a resurgent Japan, whose economy expanded 2.6% on an annualized basis last quarter reported by the government last Monday. The recovering of the U.S. economy and an expected  slightly EU’s economy expansion that new reports this week are expected to show.

On the other hand, the emerging market countries are experiencing a contraction on their growth. Beijing’s official full-year growth target is 7.5%, making it the year with the slowest growth ever seen since 1990, still surpassing the U.S. pace of 2%, though many analysts comment that China will grow even slower than the government’s target. Brazil, the biggest Latin America’s economy, is also stagnating. Brazil grew just 1% last year after growing at almost 8% in 2010. Global companies investing in the emerging markets are optimistic about these numbers.