Join Now  | 
Home About Contact Us Privacy & Security Advertise
Soccer America Daily Soccer World Daily Special Edition Around The Net Soccer Business Insider College Soccer Reporter Youth Soccer Reporter Soccer on TV Soccer America Classifieds Game Report
Paul Gardner: SoccerTalk Soccer America Confidential Youth Soccer Insider World Cup Watch
RSS Feeds Archives Manage Subscriptions Subscribe
Order Current Issue Subscribe Manage My Subscription Renew My Subscription Gift Subscription
My Account Join Now
Tournament Calendar Camps & Academies Soccer Glossary Classifieds
Soccer on Obama's agenda in Brazil
AFP, March 22nd, 2011 10:37AM
Subscribe to Section 2 Around the Net

MOST READ
TAGS:  brazil, soccer business, world cup 2014

MOST COMMENTED

Soccer was certainly on U.S. President Barack Obama's agenda during his trip to Brazil. He joined a group of children as they kicked around soccer balls in a Rio de Janeiro favela. And the U.S. Export-Import Bank, the U.S. government's lending agency, announced it will establish a $1 billion line of credit for infrastructure work in Brazil for the 2014 World Cup and 2016 Olympics.

An additional $2 billion in credit will go to Brazilian state-run oil giant Petrobras, which hopes to exploit huge oil reserves recently discovered off Brazil's coast. Obama was drumming up business for U.S. companies, saying the United States wants to "be one of your best customers" when Brazil starts pumping oil from its offshore reserves.

"There are many opportunities to increase bilateral trade and it will happen with the 2014 World Cup and the Olympic Games in 2016," U.S. Commerce Secretary Gary Locke said in an interview with O Estado de Sao Paulo published Monday. "We can help with the infrastructure."

Read the original story...


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

    ARCHIVES
    FOLLOW SOCCERAMERICA

    Recent Section 2 Around the Net
    Youth soccer fights back against 49ers    
    Northern California youth soccer advocates, including Santa Clara Youth Soccer League President Tino Silva, have launched ...
    Cal South TOPSoccer Program Turns 25    
    "We're all soccer players, special needs or not," says Sandy Castillo, chair of the Cal South ...
    How Neymar Played in Childhood    
    Neyrmar: "I used to pick up the ball, set up the furniture and go around dribbling ...
    Roma Partnering with U.S. Youth Clubs    
    Italian Serie A club Roma, which has American ownership, aims to forge partnerships with seven U.S. ...
    LVG: Falcao "Has to Prove Himself"    
    Manchester United coach Louis van Gaal has responded to criticism over dropping Radamel Falcao by claiming ...
    Report: Adidas to Assist Messi Move?    
    According to Spanish sports daily AS, Lionel Messi's sponsor Adidas could be the key to the ...
    Toure Admits Man City Future in Doubt    
    Speaking ahead of the opening games of the African Nations' Cup in Equatorial Guinea this weekend, ...
    Ronaldo Blasts 'Defensive' Atleti Tactics    
    Cristiano Ronaldo blasted Atletico Madrid for its unattractive style after the Rojiblancos ousted Real Madrid from ...
    Fabian Johnson's 'Spat' with 'Gladbach Coach Favre    
    According to Bild, USA defender Fabian Johnson is in a "spat" with Borussia Monchengladbach coach Lucien ...
    Serie A to Introduce Goal-Line Technology    
    Serie A will introduce goal-line technology next season after the Italian soccer federation (FIGC) gave its ...
    >> Section 2 Around the Net Archives