Economic policy

FILE - In this July 10, 2016, file photo, Simone Biles competes on the balance beam during the women's U.S. Olympic gymnastics trials in San Jose, Calif. At least 70 percent of U.S. Olympic sports organizations have applied for government loans in the coronavirus pandemic, underscoring the frailties within the world’s most dominant Olympic sports system. (AP Photo/Gregory Bull, File)
May 08, 2020 - 12:09 pm
DENVER (AP) — At least 70 percent of U.S. Olympic sports organizations have applied for government funds during the coronavirus pandemic, a stark financial reality that underscores the frailties within the world’s most dominant Olympic sports system. The Associated Press surveyed 44 of the country'...
Read More
Tokyo 2020 Organizing Committee President Yoshiro Mori, left, and CEO Toshiro Muto, right, attend teleconference with International Olympic Committee member John Coates, who heads the inspection team for Tokyo Olympics, in Tokyo Thursday, April 16, 2020. Tokyo Olympic organizers and the IOC said Thursday they will cut some of the extras out of next year’s postponed games, an attempt to limit what is expected to be billions of dollars in added expenses.(Kazuhiro Nogi/Pool Photo via AP)
April 17, 2020 - 7:43 am
TOKYO (AP) — IOC member John Coates, who oversees planning for next year's Tokyo Olympics, has claimed the postponed games could help “kick start” Japan’s economy. Japan has been devastated like many countries by the coronavirus pandemic and could be in a recession when the Olympics are to open on...
Read More
FILE - In this Wednesday, March 25, 2020, file photo, a man walks in front of a Tokyo Olympics logo at the Tokyo metropolitan government headquarters. The postponement of the Tokyo Games has catapulted the sports organizations that make up the backbone of the U.S. Olympic team into crisis. (AP Photo/Koji Sasahara, File)
March 27, 2020 - 7:13 pm
DENVER (AP) — The postponement of the Tokyo Games has catapulted the sports organizations that make up the backbone of the U.S. Olympic team into crisis. At least one has already started layoffs and others are desperate to stay solvent. Some are expecting a major downturn in membership dues, while...
Read More
FILE - In this March 3, 2020, file photo, the New National Stadium, a venue for the opening and closing ceremonies at the Tokyo 2020 Olympics, is seen from Shibuya Sky observation deck in Tokyo. The tentacles of cancelling the Tokyo Olympics — or postponing or staging it in empty venues — would reach into every corner of the globe, much like the spreading virus that now imperils the opening ceremony on July 24. (AP Photo/Jae C. Hong, File)
March 10, 2020 - 6:57 am
TOKYO (AP) — The tentacles of canceling the Tokyo Olympics — or postponing or staging it in empty venues — would reach into every corner of the globe, much like the spreading virus that now imperils the opening ceremony on July 24. The International Olympic Committee and local organizers say the...
Read More
This Aug. 15, 2019 satellite image from Maxar Technologies shows closeup view of a fire southwest of Porto Velho Brazil. Brazil's National Institute for Space Research, a federal agency monitoring deforestation and wildfires, said the country has seen a record number of wildfires this year as of Tuesday, Aug. 20. (Satellite image ©2019 Maxar Technologies via AP)
August 23, 2019 - 3:19 pm
BIARRITZ, France (AP) — In a sharp escalation of tensions over fires ravaging the Amazon, France on Friday accused Brazil's president of having lied to French leader Emmanuel Macron and threatened to block a European Union trade deal with South American states including Brazil. Ireland joined in...
Read More
NBA Commissioner Adam Silver holds a news conference before Game 1 of basketball’s NBA Finals between the Golden State Warriors and the Toronto Raptors, Thursday, May 30, 2019, in Toronto. (Frank Gunn/The Canadian Press via AP)
May 30, 2019 - 9:33 pm
TORONTO (AP) — The NBA is closely monitoring the ongoing trade dispute and tariff rift between the U.S. and China, though the league is not yet worried that it will interfere with any business happening with the world's most populous nation. NBA Commissioner Adam Silver even went as far Thursday...
Read More
May 15, 2019 - 10:43 pm
JEFFERSON CITY, Mo. (AP) — The home of the St. Louis Blues could receive $70 million in state subsidies over two decades to help pay for renovations that local officials hope will attract more amateur sports events to the arena. Missouri lawmakers gave final approval Wednesday to the legislation...
Read More
April 30, 2019 - 11:14 am
INDIANAPOLIS (AP) — The dedication of nearly $400 million in public subsidies toward two Indianapolis sports stadium projects has been signed into law. Indiana Gov. Eric Holcomb's office says he signed the bill Monday setting up financing plans for renovation of the Indiana Pacers' arena and...
Read More
June 27, 2018 - 4:37 am
MOSCOW (AP) — Russia has increased its government subsidies for the World Cup by $13 million amid concerns over the legacy of the tournament. Two government orders allocate an extra 481.6 million rubles ($7.6 million) for temporary World Cup infrastructure and 334.2 million rubles ($5.3 million) to...
Read More
Russian President Vladimir Putin gestures while answering a question during his annual call-in show in Moscow, Russia, Thursday, June 7, 2018. Putin hosts call-in shows every year, which typically provide a platform for ordinary Russians to appeal to the president on issues ranging from foreign policy to housing and utilities. (Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP)
June 07, 2018 - 6:46 am
MOSCOW (AP) — Russian President Vladimir Putin says Russia's 12 World Cup stadiums must be financially self-sustaining, following calls from some officials for government subsidies. "All the facilities need to be able to cover their costs," Putin said during an annual phone-in on Thursday. He...
Read More

Pages