Saudi Arabia records 54% surge in industrial investments after expat fee waiver    King Salman Non-profit Foundation launched    Saqr Al-Jazeera Museum to host three-day celebration for Saudi Arabia's 94th National Day    Justice Minister Al-Samaani hails Saudi Arabia's ranking in UN e-government index    HADAF increases grace period to submit employment support requests to 330 days    Saudi Arabia ranks 14th in Global Al Index, first in the Arab world    Hierro addresses Telles' exit and Al-Nassr's future under new coach Pioli    Hattan Al Saif sets new Guinness World Record for fastest knockout in PFL MENA    Riyadh Season boxing participants showcase skills in public Wembley Arena workout    Saudi Women's Premier League enters third season with over 200 players from 20 nations    Saudi Central Bank cuts interest rate by 50 basis points    UN General Assembly demands Israel ends occupation of Palestinian territories    Japan firm says it stopped making walkie-talkies used in Lebanon blasts    Australian police infiltrate encrypted messaging app Ghost and arrest dozens    Ukraine claims to have destroyed large Russian ammunition depot    Major US labor union declines to endorse either Harris or Trump    Riyadh Light Festival 2024 to kick off on November 28    Superbug crisis could get worse, killing nearly 40 million people by 2050: Study    Jane's Addiction cancel tour after on-stage brawl    Saudi art icon Safeya Binzagr passes away    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Muted Eid celebrations for millions of Nigerian Muslims    Embracing change: A journey towards inner peace    JK Rowling in 'arrest me' challenge over hate crime law    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



‘Take the Games, please!' – a new Olympic motto?
Published in The Saudi Gazette on 01 - 06 - 2014

LONDON — The Olympics have weathered world wars, boycotts and corruption scandals. These days, the IOC has a new crisis on its hands: Finding cities willing to host the Games.
The troubled race for the 2022 Winter Olympics is a case in point. High costs and internal political opposition prevented several potential contenders from bidding. Two candidate cities withdrew and two others could still drop out.
The way things are going, the winner could be decided next year by default. Take the Games, please.
“I have not seen anything like this before,” senior Norwegian IOC member Gerhard Heiberg said. “This is urgent. We need to sit down and discuss what is going on. We are at a crossroads here.”
It's a challenge the International Olympic Committee and new President Thomas Bach need to resolve quickly to ensure the long-term viability of the world's most prized sports event.
Changes to the bidding process and efforts to reduce the cost of the Games are among the key issues being addressed by the IOC as part of Bach's “Agenda 2020,” his blueprint for the future of the Olympic movement that will be voted on in December.
Watching closely are countries and cities considering whether to bid for the even bigger and more expensive Summer Olympics of 2024.
The financial burden is worrying potential host cities. Specifically, the $51 billion price tag associated with February's Winter Olympics in Sochi. Olympic officials say most of that huge sum went to long-term projects and that the operations costs of the Olympics were no higher than previous Games.
No matter. The public perception is that the Games cost too much.
Concerns over Rio de Janeiro's delayed preparations for the 2016 Olympics have further dampened enthusiasm for hosting the Games.
The Olympics continue to succeed as a spectacle, with huge audiences on television and online. But the field for 2022 has taken one hit after the other.
Munich and St. Moritz-Davos withdrew planned bids when voters in Germany and Switzerland voted ‘no' in referendums. Stockholm, one of the five declared candidates, pulled out in December after the city government declined to offer financial backing.
On Monday, the Polish city of Krakow dropped out after 70 percent of voters rejected the bid in a referendum. That leaves four cities in contention for now: Almaty, Kazakhstan; Beijing; Lviv, Ukraine; and Oslo, Norway.
The bid from Lviv has been on hold because of the turmoil in Ukraine.
It's possible only three bids will still be in play when the IOC executive board meets in Lausanne, Switzerland, from July 7-9 to decide which cities go to the final stage. Rather than cut the field, the board would likely keep the remaining three. The host city will be selected by the full IOC in Kuala Lumpur, Malaysia, on July 31, 2015.
Most worrying for the IOC is the uncertain status of the Oslo bid. Polls show 60 percent of Norwegians are opposed. One of the two parties in the governing coalition came out against the bid earlier this month. The government won't decide until the autumn whether to provide the required financial guarantees. – AP


Clic here to read the story from its source.