Olympics-Grassroots sport struggling in credit crunch, says IOC

Sport’s long-term popularity will suffer badly if governments redirect funds away from its grassroots during the global credit crunch, International Olympic Committee (IOC) chiefs warned on Friday.
IOC president Jacques Rogge said top-tier events like the Olympic Games and soccer’s World Cup were not suffering too much from the worst economic downturn in almost 80 [...]


Fewer visitors to China last year despite Olympics

The number of travelers to China dropped by 2 million in 2008 in what was supposed to be a banner year for tourism but became one dampened by Olympics-related security measures and the global economic crunch.
It was the first decline in visitor numbers since 2003, when a deadly outbreak of severe acute respiratory syndrome, [...]