Sunday, 4th June 2023
<To guardian.ng
Search

The business of Beijing 2022: Are the Games worth the hefty price tag?

By France24
10 February 2022   |   6:29 am
We take a look at the business of this year's Winter Olympics. A report suggests the true cost is 10 times more than the official $3.9 billion price tag, but Beijing is banking on other benefits. Also, Amazon reports another strong sales quarter, with its advertising business playing an increasingly significant role.

Related

8 Dec 2021
Architects from Spain have completed a novel design for the upcoming FIFA 2022 World Cup in Qatar. Named the 974 Stadium, the 40,000-seater facility it's designed to be relatively easy to disassemble and rebuild, and was constructed using almost 1,000 shipping containers.⁣
22 Jan 2022
Athletes travelling to next month's Beijing Olympics were warned on Tuesday (January 18) about speaking up on human rights issues while in China for their own safety by speakers at a seminar hosted by Human Rights Watch. Rights groups have long criticized the International Olympic Committee (IOC) for awarding the Games to China, citing the treatment by the Chinese government of the Uyghurs and other Muslim minority groups, which the United States has deemed genocide.
2 Feb 2022
While the International Olympic Committee has said that politics and sport do not mix, there are many examples to the contrary. Athletes have often been advocates for social change, while activists are angry about Beijing hosting the Winter Olympics despite rampant allegations of human rights abuses. More than 200 global groups have made a joint call for a diplomatic boycott. We take a closer look.
10 Feb 2022
We take a look at the business of this year's Winter Olympics. A report suggests the true cost is 10 times more than the official $3.9 billion price tag, but Beijing is banking on other benefits. Also, Amazon reports another strong sales quarter, with its advertising business playing an increasingly significant role.
13 Feb 2022
We look at a Russian doping scandal involving a budding ice skating champion at the Winter Olympics. Also in Russia, a teenager is sentenced to prison for trying to blow up the Russian intelligence agency in a video game. Plus, a woman says the viral word game Wordle saved her from a terrifying home invasion and finally, we bring you the darling of the US Olympic curling team!
14 Feb 2022
The Beijing 2022 Winter Olympics are being held in a "closed-loop" system, where participants and visitors are separated from the public because of Covid-19. It's the perfect environment to push the limits of modern technology and Beijing is showcasing a whole host of innovations, from 5G to robots and from 8K broadcasting to its digital currency, the e-CNY. Peter O'Brien takes us through some of the breakthroughs and controversies surrounding tech at the Games.
16 Feb 2022
In Day 12 at the Olympics, seven medals were up for grabs. A last-minute replacement helped Germany win gold in the cross-country team sprint, while Slovakia elimnated the United States in men's ice hockey.
7 Aug 2022
Tobi Amusan won the 100m hurdles gold at the Commonwealth Games. She did it in a Commonwealth Games record of 12.30 seconds. She is also the first Nigerian track and field athlete and the second in history to successfully defend a Commonwealth Games 100m hurdles title.
12 Aug 2022
Not only was history made by the record-breaking performances of female athletes in team Nigeria, it is also refreshing to know that all 12 gold medals were won by women. Here are Nigeria’s Golden Women
26 Aug 2022
Eleven Israeli athletes and a policeman were assassinated by Palestinian terrorists during the Olympic Games that began in Munich on August 26,1972. Germany is still struggling to come to terms with the events.
31 Aug 2022
Para-athlete Goodness Nwachukwu set two world records in the women’s F42-44/61-64 Discus to win the gold medal at the 2022 Commonwealth Games in Birmingham. She spoke with GuardianTV on winning the Gold medal and her journey over the years.
16 Sep 2022
Russia’s military exercises and a new foreign policy doctrine are signaling further escalation with the West. Could this threaten to spark a global militarization? Our guests: Michael Thumann (Zeit), Sarah Pagung (DGAP), Alexey Yusupov (FES).