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

Obama: Alaskans Feel Signs of Climate Change

They're seeing bigger storm surges as sea ice melts, more wildfires, erosion of glaciers, shorelines More

Katrina Brought Enduring Changes to New Orleans

The city’s recovery is the result of the people and culture the city is famous for, as well as newcomers and start-up industries More

Magical Photo Slides Show Native Americans in Late 1800s

Walter McClintock spent 20 years photographing the Blackfoot Indians and their vanishing culture at the dawn of the modern age More