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Cost of Rio's 2016 Olympics Rises by Almost $100 Million

The price tag for the 2016 Olympics in Rio de Janeiro has risen by 400 million reais ($99.3 million) since August, mainly because of rising costs of supplying temporary power and seating at venues, the head of the group monitoring spending said Friday. The projected total cost for the games, including large infrastructure projects like an extended subway and reformed port area, now stands at 39.1 billion reais, about 1 percent more than forecast some six months ago. The higher budget,...

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