• Rio Olympics to cut seating, perks in money-saving move


    SAO PAULO: Rio Olympics organizers announced on Tuesday (Wednesday in Manila) they are cutting seating at the rowing contest and slashing perks for participants at South America’s first summer games. When Rio was awarded the hosting rights back in 2009, Brazil was booming, but six months ahead of the opening ceremony, inflation is at more than 10 percent and the economy is expected to remain in recession through 2017. “We are cutting some services and making important adjustments in the committee’s budget,” Mario Andrada, chief spokesman for the Rio 2016 organizing committee said. Andrada said this was the only wholesale reduction in stadium seating, but admitted that, “all have been revised and others could be forced to change.” The public will not notice many of the other cost-cutting measures, but athletes and their delegations will.


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