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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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08/26/13
IOA Rejects IOC Chargesheet Clause

The suspended Indian Olympic Association on Sunday refused to incorporate the "contentious" IOC-proposed clause "that would have barred chargesheeted individuals from holding any post and suggested an alternative that would affect only convicted officials," according to the PTI. While the IOA accept ...

Tags: Olympics, India

08/26/13
Olympic Notes

Tokyo Governor Naoki Inose said that radiation levels in Tokyo "are no different from those of other major world cities and the worsening crisis at Japan's Fukushima nuclear plant should have no impact on the city's bid to host the 2020 Olympics." Inose said that he was confident the problem would b ...

Tags: Olympics

08/23/13
Russia: Gay Law Won't Affect Games

Russia has assured the IOC that a controversial anti-gay law which has triggered protests in many countries "will not affect athletes or spectators" attending the 2014 Sochi Olympics, according to Karolos Grohmann of REUTERS. The IOC, which "had asked for clarifications" regarding the law this month ...

Tags: Olympics, Russia

08/23/13
Olympic Notes

The Australian Olympic Committee will "bring down its judgment" on Australia's Olympic men's 4x100m freestyle relay team. Four months after being punished by Swimming Australia for their "ill-conceived bonding session at a pre-Olympic camp in Manchester last year," the six swimmers -- James Magnusse ...

Tags: Olympics

08/22/13
GasolTo Join Madrid 2020 In Buenos Aires

NBA L.A. Lakers Pau Gasol "has also decided to join the Madrid 2020 bid in Buenos Aires, when the IOC is scheduled to announce the host of the 2020 Olympics," according to Masato Sugimori of BERNABEU DIGITAL. Gasol has canceled "countless agreements with sponsors that he previously had scheduled." D ...

Tags: Europe, Olympics

08/22/13
Sochi Preparing For Torch Relay

Preparations in Sochi for the 2014 Winter Olympics "are in full swing" less than six months before the start of the Games, according to Karolos Grohmann of REUTERS. The host nation is "bracing for the torch-lighting ceremony in ancient Olympia, Greece, next month." Organizers "are rushing to complet ...

Tags: Olympics, Russia

08/22/13
Olympic Notes

Urging the Indian Olympic Association to sort out its differences with the IOC through negotiations, Sports Minister Jitendra Singh on Wednesday "asked the administrators to put national interest first to ensure that the ban on India is revoked at the earliest." The IOC had sent the revised draft Co ...

Tags: Olympics

08/21/13
Rio Cleans Up Before World Cup, Olympics

Rio de Janeiro's preparations for the 2014 World Cup and 2016 Olympics "have so far mostly focused on efforts to sweep crime off the streets," but now the city "has opened up a new front in its clean-up campaign: a draconian clampdown on litterbugs," according to Jonathan Watts of the London GUARDIA ...

Tags: Olympics, Brazil

08/21/13
Argentina Hosts Pro-Madrid '20 Bid Race

Argentina, where the 2020 Olympic host site will be announced on Sept. 7, "is also winking at Spain," according to Matilla & Jiménez of AS. The Association of Hispano-Argentina Professionals (AHAP) sponsored a 10K race on Monday with this slogan: "Buenos Aires runs for Madrid 2020." The r ...

Tags: Europe, Olympics

08/20/13
Mixed Olympic Legacy For U.K.

The 2012 London Olympics "left a healthy sheen on Britain’s psyche," but it is "less clear whether British business benefited," according to Burgess & Robinson of the FINANCIAL TIMES. As much as £5.9B ($9.2B) came from business deals brokered during the Games at the British Business ...

Tags: Olympics, United Kingdom

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