Sidney Levy, who heads Brazil’s preparations for the 2016 summer Olympics, says the projected 30 billion reais ($12.5 billion) games are a chance to show that the country can run a major project without scandal.
Brazil’s operating budget for the 2016 Summer Olympics in Rio de Janeiro has increased by 25 percent above initial estimates to about 7 billion reais ($2.91 billion) as a result of new sports and inflation.
Rio de Janeiro’s budget for the 2016 Summer Olympics will be released by the end of January after months of political wrangling following massive public protests over the country’s spending priorities.
The top elected official in Ramapo, New York, Town Supervisor Christopher St. Lawrence, wanted a minor-league baseball team and a new stadium to house it. The park would cost about $20 million and taxpayers wouldn’t have to cover it, he and paid consultants predicted three years ago.
Colleges from Bowdoin in Maine to Pitzer in California dropped the SAT entrance exam as a requirement, saying it favors the affluent, penalizes minorities and doesn’t predict academic success. What they don’t advertise is they find future students by buying names of kids who do well on the test.
Prescient bets against the stock market have helped endowment manager Alice Handy regularly beat the Standard & Poor’s 500 Index. Handy, who manages money for Smith, Barnard and Middlebury colleges at a firm she founded called Investure LLC, has also done something more satisfying: vanquish Harvard and Yale.
Madison Square Garden will welcome the New York Knicks tonight into an arena with premium seating suspended from the roof, a pair of 600-square-foot video screens at the entrance and 18 fully renovated luxury suites, the results of a $1 billion makeover.
Secaucus, New Jersey, plans ice sculptures, food trucks and a beer garden only two miles from the National Football League’s championship game. The competition? Manhattan’s Super Bowl Boulevard, featuring concerts, autograph signings and 180-foot-long toboggan run on Broadway.
Forget Manhattan’s Super Bowl Boulevard and its concerts, autograph signings and 180-foot-long toboggan run on Broadway. Who needs them when Secaucus, New Jersey, will offer ice sculptures, food trucks and a beer garden only two miles from the big game?