Health Care

Paris gets 2024 Olympics, LA to host 2028

Paris gets 2024 Olympics, LA to host 2028”

Los Angeles sets its sights on 2028, paving the way for Paris to host the 2024 Summer Games.

It means Discovery, owner of the continent's official Olympic broadcaster Eurosport, will be able to promote a Games on their own continent.

Mayor Garcetti said the planning committee estimates the Los Angeles games will cost $5.3 billion, which will be funded by the International Olympic Committee, local sponsorships, ticket sales and federal support for security. "This agreement with the International Olympic Committee will allow us to seed a legacy of hope and opportunity that will lift up every community in Los Angeles - not in 11 years' time, but starting now and continuing in the years leading up to the Games".

The cities were the only two candidates remaining in a 2024 race which originally featured five potential hosts, with IOC President Thomas Bach masterminding a deal which will now see both given a Games each. Paris is the only city left to host the 2024 Games.

L.A.'s deal could end with the city getting $2 billion or more from the IOC.

The IOC will also advance $180 million to LA organisers to lessen the impact of the longer lead-up time, money that normally would not be disbursed until closer to the Games kickoff.

More news: Hurricanes, Pesce agree to six-year extension

The deal will bring the Games back to Los Angeles for a third time, after the city hosted in 1932 and 1984.

L.A. City Council President Herb Wesson said he hopes the deal gets the required approval from the council's ad hoc committee on the Olympic bid and then the full council in the next week.

A Loyola Marymount University poll of 600 Angelenos - funded partly by the LA24 Committee - found 83 percent want L.A.to host the '28 Olympics.

"I am confident that the Summer Games in Los Angeles will exemplify both the Olympic ideal and the American spirit, and we look forward to hosting them", Trump said in a statement after the announcement. The IOC vote is scheduled for September, in Lima, Peru.

The lack of political unity for a bid in Hamburg was mirrored in Rome and Budapest as support for bids waned among local authorities and the population. "Today, we are at the finish line". "But I was anxious about the traffic when I first heard LA was running for the 2024 Games", Annie Carter, a local resident told Xinhua, emphasizing she was really anxious it would take her one more hour to commute during the Olympics.



Like this

loading...
loading...

Latest


02 August 2017
The CytRx Corporation (CYTR) Getting Somewhat Favorable News Coverage, Accern Reports
The share price has moved forward from its 20 days moving average 58.11% and positively from its 50 days moving average 54.73%. The stock has a beta value of 2.30. 07/14/2016 - CytRx Corporation had its "hold" rating reiterated by analysts at Jefferies.

02 August 2017
Trump May Get 'Boneyard' Boeing 747s For New Air Force One
The current Air Force One aircraft were ordered by President Reagan and delivered under President George H.W. Military officials told CBN News they are now finalizing a contract with Boeing for the two planes.

02 August 2017
No legislation should get vote before health care, budget director says
White House counselor Kellyanne Conway said on "Fox News Sunday" that Trump would make a decision on the payments this week. And on Wednesday, he said Congress shouldn't leave town until it had a health care plan hammered out.

02 August 2017
Off-highway vehicles banned from southern Alberta Forest due to fire risk
There are an extra 600 firefighters across Alberta who can be mobilized "at a moment's notice", says the government. Conditions are being monitored at the Alberta Wildfire Co-ordination Centre in downtown Edmonton on August 1, 2017.

02 August 2017
Black Caps hopeful of day night Test against England this summer
The drainage overhaul at Napier's McLean Park continues, resulting in the loss of hosting rights for a Pakistan ODI match. Mount Maunganui's Bay Oval will host three night time T20 internationals under the new lights at the ground.

02 August 2017
Incyte Corporation (NASDAQ:INCY) Posts Earnings Results, Misses Expectations By $0.01 EPS
UBS AG downgraded Incyte Corporation from an "outperform" rating to a "market perform" rating in a report on Wednesday, April 5th. Laffer Investments increased Mckesson Corp (MCK) stake by 76.25% reported in 2016Q4 SEC filing. (STZ)'s stock rose 13.40%.

02 August 2017
Viacom Inc. (VIA) to Release Quarterly Earnings on Thursday
Finally, Deutsche Bank AG downgraded Viacom from a "hold" rating to a "sell" rating in a research note on Wednesday, May 10th. PGGM Investments reduced its position in Viacom Inc. (VIAB) ended its last session at $34.92 by Declining -2.08%.

02 August 2017
NOTA for Rs. polls beenin force since 2014: EC
Sharma also said the use of NOTA should have been made applicable through amendment in laws and not by merely changing the rules. While 44 of legislators have moved to Bengaluru, seven from Vaghela camp are yet to resign from the party or as legislators.

02 August 2017
Teekay Offshore Partners LP (TOO) Scheduled to Post Quarterly Earnings on Wednesday
Equities research analysts predict that Teekay Offshore Partners L.P. will post $0.28 earnings per share for the current year. The shipping company reported $0.22 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.36 by $0.14.

02 August 2017
Man's body pulled from Erie Canal in Montgomery County
Deputies said they had responded to a report that an individual was in the water near Lock 13 at approximately 4:45 a.m. It's not designated for the activity, the sheriff said.