Olympics Head Says No Public Cash Used for Rio After Bailout

Olympics Head Says No Public Cash Used for Rio After Bailout

The head of the International Olympic Committee, wading into a sensitive domestic issue in recession-weary Brazil, said no public funds had been
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Rio Paralympics Sees 'Major Budget Cuts,' Low Ticket Sales

Rio De Janeiro (AP) — The Paralympics will go ahead in Rio next month but organizers say deep budget cuts mean one venue will close down,
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Goldman Says Don't Bet on Dollar Selloff as Dovish Fed Priced In

The Bloomberg Dollar Spot Index, which measures the U.S. currency against 10 peers, fell 0.9 percent this week, extending its decline this year to 5.3
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North Korea Calls Diplomat Defector 'Human Scum'

Seoul, South Korea (AP) — North Korea said Saturday that a senior North Korean diplomat who recently defected to South Korea is a criminal and
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Incoming Viacom CEO Plans Investor Campaign as Shakeup Looms

The move is an about-face from the secretive culture surrounding the $17 billion media company. As Viacom prepares to announce the impending departure of CEO Philippe Dauman, his interim replacement, Thomas Dooley, is planning to reach out to
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