Point FM Sport, sportsNews — January 29, 2016 at 5:32 pm — Updated: January 29, 2016 at 5:32 pm

Cost of Rio’s 2016 Olympics rises by almost $100 million


RIO DE JANEIRO (Reuters) – The price tag for the 2016 Olympics in Rio de Janeiro has risen by 400 million reais ($99.3 million) since August mainly due to rising costs of supplying temporary power and seating at venues, the head of the group monitoring spending said on Friday.

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