South America will host the Summer Olympic Games for the first time in 2016, as Rio De Janeiro, Brazil was awarded the honor on Friday. Rio beat out the US choice of Chicago, Illinois along with Tokyo, Japan and Madrid, Spain to earn the right to host the games. Despite a high pressure effort from the American power elite–including President Barak Obama and TV gabfest queen Oprah Winfrey–Chicago was the first city eliminated from contention. Tokyo was the next to go, before Rio got the nod over Madrid in the final round of balloting.

Bookmakers offered odds on the host city choice, with Rio listed as second favorite at +200. Chicago had been the wagering favorite at most books, particularly after President Obama got involved personally in the US bid effort. Chicago was bet as high as a -300 favorite, while Madrid and Tokyo were priced in the +250 range. Some suggest that Tokyo didnt deserve to have such short odds, but was the beneficiary of regional pride from the notoriously enthusiastic betting population of Japan.

Luiz Inacio Lula da Silva, President of Brazil, got the better of his US counterpart with a passionate speech that stood in marked contrast to Obamas typically baleful collection of talking points;

Reigning lightweight champ BJ Penn entered his main event battle against welterweight kingpin Georges St. Pierre looking to become the first man in UFC history to simultaneously hold titles in two weight classes. GSP never gave him the chance to make history, as he stopped Penn after four increasingly dominant rounds to retain his belt with a TKO victory and make a compelling case for being the pound for pound best fighter in mixed martial arts.

During ring introductions, both men received enthusiastic cheers tempered with a few boos. After the opening horn sounded, however, the Penn backers had little to cheer about . The first round was fairly evenly contested, with St. Pierre trying to get a first hand feel for Penns often unorthodox takedown defense. GSP made several takedown attempts, but had them repeatedly stuffed.

Boxing guru Freddy Roach recently praised Penn as the best technical puncher in MMA, but he had no opportunity to bring this weapon to bear as he had trouble finding the range from the outset. GSP mixed up his look perfectly, either staying just outside Penns range using his 6 reach advantage effectively or more often smothering his opponent on takedown attempts.

Fedor Emelianenko will make his debut for the Strikeforce MMA promotion this fall, facing undefeated prospect Brett Grim Rogers. Strikeforce CEO Scott Coker made the announcement at a Showtime promoted Fedor open workout in New York City.

Fedor is considered by most experts to be the best heavyweight MMA fighter in the world, if not the best of all time. He snubbed the UFC following Afflictions exit from the MMA promotion business, choosing to sign with the up-and-coming Strikeforce promotion. Strikeforce agreed to co-promote with M1 Global, a Russian based promotion company owned by Fedors manager Vadim Finkelchtein and to allow the fighter a non-exclusive deal that would enable him to compete in Japan and Eastern Europe. These had been major stumbling blocks to signing with the UFC.

After signing with Strikeforce, Fedor gave his usual low key comment:

I am looking forward to going back to work and fighting at the highest level. STRIKEFORCE is a top fight promotion that houses some of the greatest fighters in the world. I am prepared to fight any of them.

Emelianenkos manager, Vadim Finkelchtein noted: