IOC Balks at Helping Rio With $35-40 Million Olympic Debt – Voice of America
RIO DE JANEIRO The IOC has balked at helping Rio Olympic organizers pay a debt estimated at $35-40 million. The executive board of the International Olympic Committee, meeting Sunday in Lausanne, Switzerland, said it had already contributed a “record” $1.53 billion to last year’s Olympics, and questioned giving more after meeting with organizing committee…