PAUL: All right. I'll leave you with this, waiting to watch the Olympics for 50 days, less than 50 days before the start of the big games. Authorities in Rio now declaring a state of public calamity over finances. Melissa Knowles is here with more on this latest crisis.</s>KNOWLES: Yes, we've been hearing about this for quite a while, Christi. I actually took my calendar out. Seven weeks yesterday to when the Olympics are supposed to begin. Brazil is dealing with the worst recession since the 1930s and hosting the Olympics certainly isn't helping the economic crisis there. Yesterday, Rio de Janeiro's state governor issued an executive order declaring a financial state of emergency. The government warned, quote, "extreme economic measures would need to be implemented to successfully host the Olympic games in August." Now, Brazil will spend an estimated $10 billion on the games. The order is meant to open the door for more funding, but there's no word on where the money will actually come from or how much money is actually -- would be needed. However, a Rio 2016 organizing committee says the games are guaranteed and will happen. Now, this is just the latest in a long list of problems leading up to the summer games. The Zika outbreak has hit Brazil harder than any other country. Recently, more than 200 physicians and scientists signed a petition arguing that the games should be postponed or even moved to another location. Water pollution has been a major concern in the bay where the sailing and rowing competitions will take place and add in the worries about the region's crime rate and the political corruption scandal that stripped the president of her powers while impeachment proceedings continue. The games are set to begin on August 5th and run through August 21st, but, Christi, a lot of problems, a lot of concerns right now.</s>PAUL: Obviously. All righty, hey, Melissa, thank you so much. It's good to have you here this morning.
Rio Declares A "State of Public Calamity".