Olympic planners left IT out of the budget
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D'oh The government failed to account for the costs of IT when putting together its budget for the 2012 Olympic Games, according to the bean counter watchdogs of the Public Accounts Committee (PAC).â¦
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BEIJING : Beijing Olympic organizers are seeking ways to cut up to six billion yuan (724 million US dollars) off the cost of building Games venues, including possibly moving the equestrian events to Hong Kong.
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Swimming's governing body pulled the 2005 world championships from Montreal on Wednesday because of local organizers' failure to raise enough money.
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Secretary of State Colin Powell abruptly canceled plans to attend the Olympics closing ceremony in Athens on Sunday, a visit that had triggered angry protests from anti-war groups.
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Secretary of State Colin L. Powell canceled his trip to Greece at the last minute partly because of concern that his presence -- expected to be met with antiwar protests -- might disrupt the closing ceremony of the Olympics, State Department officials said yesterday.
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ATHENS, Greece - US Secretary of State Colin Powell canceled a weekend visit to attend the closing ceremony of the Olympics, prompting Greek communists who had organized anti-American protests in central Athens to claim victory Saturday.
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ATHENS, Greece  -- Olympic organizers announced that more than half of available tickets (3.1 million) to the Games have been sold, almost reaching the budget for purchases.
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Claims of a "black hole" in Olympic funding are rejected as MPs prepare to debate the plan to use lottery money.
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ATHENS - The Olympic oracles had long prophesied doom for the Summer Games&#39; Greek homecoming. Unfinished venues. Lax security.
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Secretary of State Colin Powell abruptly canceled plans to attend the Olympics closing ceremonies in Athens Sunday in part because of events in Iraq and Sudan, the State Department said.
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The 2006 Winter Olympics in Turin posted a small deficit, and the IOC wants a clear picture from London organizers of the rising infrastructure costs for the 2012 Summer Games.
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This year&#39;s Olympic Games in Athens cost nearly nine billion euros ($11.5 billion), almost double the amount forecast a year before the opening ceremony, the Greek finance minister said on Friday.
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Nearly four years ago there was a rumble that Athens would not be ready as the host city of the 2004 Olympics and they may have to shift back to Sydney, site of the 2000 Games.
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Secretary of State Colin Powell  abruptly canceled plans to attend the Olympics closing  ceremonies in Athens Sunday in part because of events in Iraq  and Sudan, the State Department said.
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US Secretary of State Colin Powell has dropped plans to visit Athens and attend the closing ceremony of the Olympics following anti-American protests in the Greek capital.
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VANCOUVER, British Columbia  - Construction of venues at the 2010 Winter Olympics in Vancouver remains on budget, and deals with sponsors in Canada are generating more revenue than expected, organizers said on Tuesday.
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Description: The tab for staging the Olympic Games will increase Greece&#39;s budget deficit and will likely put additional strain on its already fragile economy.