Spiralling costs a risk for 2024 Games in Paris

International Olympic Committee President Thomas Bach speaks during the opening IOC session in Lima on Sept. 13

International Olympic Committee President Thomas Bach speaks during the opening IOC session in Lima on Sept. 13

Paris: With Paris set to be awarded the 2024 Olympics, one of the organisers' biggest challenges will be to keep within budget - a challenge that has defeated so many of their predecessors.

The International Olympic Committee unanimously selected Los Angeles as the host city for the 2028 Olympic and Paralympic Games on Wednesday.

In an attempt to impress the International Olympic Committee in the bidding process, candidate cities have a habit of underestimating certain costs - as London did for the 2012 security bill - and overestimating potential economic benefits.

Paris Mayor Anne Hidalgo waved a flag Friday and her plane was sprayed by a celebratory water cannon as the French Olympic delegation was welcomed back in Paris after securing the 2024 Olympic Games.

"A town that has Olympics in their DNA".

"This is a win-win-win situation for Paris, Los Angeles and the entire Olympic Movement", said IOC President Thomas Bach.

Hamas Agrees To Demands To End Decade-Long Palestinian Rift
However, the movement wants to hold an expanded conference for Palestinian factions to form a national unity government. There was no immediate comment from Abbas's government, and a senior Palestinian official was guarded in his optimism.

The LA Games have a budget of $5.3 billion and will essentially follow the plan they had in place for 2024, including housing athletes at the UCLA campus. "We'll be harnessing and developing experience to help ensure that the Paris Olympic is another huge success".

The Olympic Center and the 1980 Olympic Cauldron were illuminated in the colors of LA's iconic sunsets, while the marque displayed the LA 2028 logo to mark the return of the Olympic and Paralympic Games to the "City of Angels".

"It's a strong drawcard over other sports and we're already seeing that with recruitment". We don' t need to build anything new. "We've also noted as well as a high incidence of ADRVs (Anti-Doping Rule Violation) in worldwide level athletes, there are some countries with a very high level of national level athletes with ADRVs and we want to ensure steps are taken in those countries, and if not a there will be a reduction in their ability to participate in the Games". LA is looking forward to establishing relationships with the Beijing 2022 Organizing Committee.

Meanwhile, the Olympic games were held in Los Angeles in 1932 and 1984.

Former United Nations Secretary-General Ban Ki-moon is confident that next year's Winter Olympics in his native South Korea will be safe and successful, despite tensions surrounding North Korea's nuclear weapons program. The first representation of the People's Republic of China was made up of 250 athletes, who caught the attention of the world.

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