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Rio Games Sees Budget Increase By 25% In Wake Of Project Delays, New Transit Plans

04 / 18 / 14

Brazilian authorities "unveiled an infrastructure budget" of $10.76B for the 2016 Rio Olymipcs, which is 25% "more than planned, as they try to reassure the world they can deliver facilities on time," according to Pedro Fonseca of REUTERS. The budget "covers 27 projects in urban development and publ...

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Tags: Olympics, Brazil

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04/10/14
Bach Promises Action On Rio Delays

The IOC said Wednesday that it was "premature" to speculate about taking the 2016 Rio Olympics away from Brazil following demands from sports federations for a "Plan B" due to "chronic delays" in preparation, according Stephen Wilson of the AP. Bach and other Olympic officials said that the construc ...

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04/09/14
Olympic Chief: Brazil Gov't Must Act

Association of Summer Olympic Int'l Federations President Francesco Ricci Bitti "has called for urgent action to resolve the critical delays facing the 2016 Games in Rio de Janeiro and accused the Brazilian government of failing to support the project," according to Stephen Wilson of the AP. Bitti s ...

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04/08/14
Sochi Earned $140M Olympic Profit

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Tags: Olympics, Russia

04/08/14
Sochi Games Sold More Tickets Than '10

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Tags: Olympics, Russia

04/08/14
IOC Turns Attention To Rio

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04/07/14
DOSB Continues With Olympic Bid Plans

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Tokyo Police Launch Counterterrorism Unit

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Tags: Olympics, Japan

04/07/14
IOC Impressed With Tokyo 2020 Prep

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