Rio de Janeiro has long and rich history. After the short French period, in 1567 the Portuguese started to live there. At first, the city grew with a very slow speed, till on the territory of Brazil they found gold. In 1763-1960 Rio de Janeiro was the capital of the country, but in 1960 this honor was given to Brasilia. In the end of the 19th century thanks to the mass emigration from Europe and local villages the population of Rio started growing very quickly. At this very time such famous areas, as Copacabana and Ipanema appeared. It's also the time of birth of 'favelas', well-known quarters for the poor.

Malmaison, the chain of boutique hotels, has reported it will participate in the development of a grandiose £1 billion (around US$1.85 billion) complex...
Read further
09.02.2012
The reports presented at the World Economic Forum in Davos, Switzerland, show some optimistic forecasts concerning the nearest future...
Read further
09.02.2012