Original version

BBC World Service East and Southern Africa Schedule

BBC World Service East and Southern Africa

World Business Report

Factual: Money

The latest business and finance news from around the world, on the BBC

The latest business and finance news from around the world, on the BBC.

BBC World Service Australasia

BBC World Service Online

BBC World Service schedule for American satellite radio and the Caribbean

BBC World Service Americas and the Caribbean

BBC World Service

BBC World Service South Asia

BBC World Service News Internet

BBC World Service Europe and the Middle East

BBC World Service West and Central Africa Schedule

BBC World Service West and Central Africa

BBC World Service East Asia

World Business Report: First broadcast 23/07/2020 14:32 GMT: The beginning of the end for the Olympics?

Bulletins

The beginning of the end for the Olympics?

First broadcast 23/07/2020 14:32 GMT

First broadcast 23/07/2020 14:32 GMT: The beginning of the end for the Olympics?

BBC World Service - World Business Report, The beginning of the end for the Olympics?

Has the Olympics become too expensive to be viable?

While Tokyo 2020’s future is uncertain because of the global pandemic, in reality the Olympic games have been in trouble for a long time, partly due to rising costs.

The Tokyo Olympics is predicted to lose $25bn without taking into account costs associated with the postponement. Then there are doubts over ticket sales and the revenue from sponsors. But Tokyo’s financial predicament is by no means unique. In fact, only one Olympics has ever made a profit for the hosts. We hear from Professor Andrew Zimbalist, author of Circus Maximus: The Economic Gamble Behind Hosting the Olympics and the World Cup, Jules Boykoff, a former professional and Olympic soccer player, Craig Reedie an IOC member and Luis Fernandes a member of the coordinating committee for Rio 2016. Plus, some of the world's biggest brands stand accused of profiting from forced labour camps in China. Could the clothes we wear be tainted by human rights abuses? We hear from Chloe Cranston, from Anti-Slavery International. Plus, we look at how a lack of advertising revenue is clipping the wings of the battered blue bird that is Twitter. (Pic of the Olympic rings via Reuters).

Accessibility links

Programme Index

World Business Report

First broadcast 23/07/2020 14:32 GMT: The beginning of the end for the Olympics?

Genres

Formats

Brand

BBC World Service East and Southern Africa

About BBC World Service