Word: biddings
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Chicago estimates that the cost of hosting the 2016 Olympics will be $4.8 billion. If its bid finds favor with the IOC this week in Copenhagen, the city might be well advised to get venues shovel-ready as quickly as possible, for it has one advantage that Atlanta didn't: access to a portion of Washington's $787 billion economic stimulus package, much of which is still being allocated...
...message seems to be getting across. The French energy giant Total recently failed to bid on a major block in Iran's South Pars field - the world's biggest natural gas field - after spending years eyeing the business. Like other energy companies, it calculated that its Iran business was becoming a problem it could live without...
...fifth largest population and ninth largest economy, a serious international player. He's stumping hard for a permanent Brazilian seat on the U.N. Security Council and more input from developing nations in setting global trade and economic policy. (He is also personally cheerleading in Copenhagen for the Brazilian bid for the 2016 Olympics, a move that may have helped convince Obama to head to Denmark himself to back Chicago's candidacy.) It's hard to keep a pristine non-interventionist tradition with ambitions like those - and increasingly, the hemisphere is telling Brazil that it's a tad disingenuous to insist...
McGinniss, Joe • despite bid by of over $60,000, Sarah Palin will not be dined with...
Nevertheless, those betting on Rio may take heart from the fact that the IOC appears to have skimmed over the Pan Am Games debacle. Rio's bid, which promises more such transport links and infrastructure projects, was described as "detailed and of a very high quality" by the games committee in its most recent report. Another upside is that Rio has a well-deserved reputation as one of the world's most stunningly beautiful and welcoming cities. The third upside is the one that Lula and Rio officials have been hammering home: that fair is fair; that this is South...