Economy

Rising Cost of Olympics Begs Question: Why Host?i
X
February 04, 2014 8:40 PM
With the Winter Olympics beginning this week, the world’s attention is turning to Sochi. But when the athletes and tourists leave, Russia will have spent more than $50 billion to stage the games. As the costs soar, VOA’s Brian Allen explores the benefits and pitfalls of hosting an Olympics.

Rising Cost of Olympics Begs Question: Why Host?

Published February 04, 2014

With the Winter Olympics beginning this week, the world’s attention is turning to Sochi. But when the athletes and tourists leave, Russia will have spent more than $50 billion to stage the games. As the costs soar, VOA’s Brian Allen explores the benefits and pitfalls of hosting an Olympics.


You May Like

Multimedia In US, Decision Expected Soon in Racially Charged Case

Missouri town, many Americans on edge over whether jurors will indict white police officer in August shooting death of unarmed black teen More

Corruption Fighters Want More From World’s Strongest Nations

Anti-corruption activists say final communique fell short of expectations and failed to fully address systemic problems More

Philippines Leery of Development on Reef Reclamation in S. China Sea

Chinese land reclamation projects in area have been ongoing for years, but new satellite imagery reportedly shows China’s massive construction project More