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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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06/05/13
S. African President Eyes Olympic Bid

South African President Jacob Zuma said Tuesday his country would be "very happy" if it became the first African nation to host the Olympics, as venues look ahead to '24, according to the AFP. Zuma said, "If we are given an opportunity in the near future, we'll certainly welcome that. I think ...

Tags: Olympics, Africa

06/05/13
Olympic Notes

The IOC asked the Indian Olympic Association to coordinate and "submit all amendment proposals to the world body" by no later than June 12 so the process of lifting the ban on India "could be started at the earliest" ( PTI, 6/4 ). ... Lanes specially reserved for the Sochi 2014 Olympic Games "wi ...

Tags: Olympics

06/04/13
Istanbul 2020: Turkish People Behind Bid

Promoters of Istanbul's 2020 Olympics bid "remain confident the Turkish people are united behind their campaign despite fierce anti-government protests around the country in recent days," according to the AP. The demonstrations "grew out of anger over a violent police crackdown of a peaceful environ ...

Tags: Olympics, Middle East

06/04/13
Madrid Town Council To Host Sports Day

On June 22, "sports will take the streets of Madrid to support Madrid 2020," according to MARCA. Along with Marca's 75th anniversary, the newspaper, in collaboration with the Town Council and Community of Madrid, "will make sports reign for a night in the capital." The announcement of the event feat ...

Tags: Olympics, Europe

06/04/13
IOC Presidential Hopeful Wants Wrestling

Int'l Rowing Federation President and IOC presidential hopeful Denis Oswald distanced himself from the IOC's current leadership on Monday, saying that "wrestling's 2020 Olympics exit could have been handled better and that more sports could join the Games," according to Karolos Grohmann of  ...

Tags: Olympics

06/03/13
New IOC President Will Be Unpaid

The successor to IOC President Jacques Rogge "will remain an unpaid volunteer after all six presidential hopefuls turned down the idea of a salary," according to Karolos Grohmann of REUTERS. Rogge, who will step down in September after 12 years in charge, "had recently suggested that the IOC Preside ...

Tags: Olympics

06/03/13
Olympic Notes

An attempt to push Muay Thai to become an Olympic sport has suffered a blow after its governing body, Int'l Federation of Muaythai Amateur, failed to get recognition from the IOC. The organization will get another chance at an IOC meeting in December ( BANGKOK POST, 6/2 ). ... Community sports f ...

Tags: Olympics

05/31/13
Cities Make Final 2020 Olympic Pitches

Bid officials for Istanbul, Tokyo and Madrid "made their pitch" for the 2020 Olympics to the IOC on Thursday as the race enters the final stretch, according to Karolos Grohmann of REUTERS. Istanbul, bidding for the fifth time in the last six editions, "highlighted its location at the crossroads betw ...

Tags: Russia, Olympics

05/31/13
LOCOG Announces $46M Surplus

The British Olympic Association's finances were "turned on their head" Thursday after LOCOG announced a £30M ($46M) surplus in its final set of accounts, according to Ben Rumsby of the London TELEGRAPH. The BOA had been forecast to make a loss of around £4M ($6M) from its activities in ' ...

Tags: Olympics

05/31/13
Official: Wide Corruption At Sochi Games

Russian officials and businessmen "have stolen billions of dollars during the years of preparations" for the 2014 Sochi Olympics, according to Nataliya Vasilyeva of the AP. Former Russian Deputy Prime Minister-turned-Kremlin critic Boris Nemtsov and an associate said in a report released Thursday th ...

Tags: Olympics, Russia

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