2009

26

Feb

Obama budget: Mammoth deficits but headed lower

President Barack Obama
President Barack Obama charted a dramatic new course for the nation Thursday with a bold but contentious budget proposing higher taxes for the wealthy and the first steps toward guaranteed health care for all — accompanied by an astonishing $1.75 trillion federal deficit that would be nearly four times the highest in [...]

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2009

20

Feb

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 [...]

Filed under: Olympic Games• bloc• economic downturn• financial crisis• financial help• global credit crunch• grassroots level• information• international olympic committee• ioc president jacques rogge• legal basis• legal competence• lisbon• local games• national associations• national olympic committees• patrick hickey• small clubs• sports fans• stimulus plan• ticket sales Posted by RSS