President Obama's trip to Brazil this weekend is happening amidst major international developments in Libya, but the president is still smarting from some other international affairs that hurt his adopted hometown of Chicago.

In October 2009, President Obama and First Lady Michelle Obama flew to Copenhagen, Denmark for an approximately six hour visit, to take part in the final presentation of Chicago's pitch to host the 2016 Olympics. It was an emotional pitch by the first couple, but ultimately - it didn't work.

Brazil was rewarded the 2016 Summer Olympics and now that Obama is visiting the South American nation - he decided to confront the issue head on.

In remarks with Brazil's President Dilma Rousseff, Obama talked about the partnerships going on between the two nations - and some of the companies working in Brazil to create stronger business ties for upcoming events in Brazil."As Brazil prepares to host the World Cup and the Summer Olympics -- which still hurts for me to say -- we're ensuring that American companies can play a role in the many infrastructure projects needed for these games."

While the U.S. may not be a huge power nation in soccer and World Cup action, the team did advance in South America to the "knock-out" round and could be a contender in 2014 in Rio. The U.S. Olympic team will most certainly be in Rio in 2016.