Wednesday, June 23, 2010

Brazil during FIFA Worldcup 2010

World Cup: Brazil <=> Kroatia

Image by han Soete via Flickr

Fifa Worldcup 2010 is gaining momentum so is the down time in Brazil, five time World Cup champion which is also the highest number any nation reached so far to grab FIFA World Cup. Stores, restaurants are closed on game days even churches are hard to find open on a game day.

Brazilian passion for Soccer is well know but it has its cost which is no small amount, well above $1 billion dollars. This cost is based on initial round and can be way higher if Brazil makes it to the final  which is more likely.

TV and electronic retailers are making good money along with clubs and pubs who have set up large Plasmas and LCDs.

Mexico and Germany are expected to hit hard by the employee downtime , estimate of close to $2 billion due to the on going craze of FIFA according to Newsweek.

Brazil is going to host 2014 Fifa World cup and it is expected to have a very positive impact on Brazilian economy, creating millions of jobs and more than $300 million in revenu if tourists stay happy and content.

Enhanced by Zemanta

No comments:

Post a Comment