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The International Figure Skating Union’s Grand Prix Series enters its 15th season this weekend with its first event: The Trophee Eric Bompard Cachemire, in Paris. Competition starts Friday in competition, the first of six that will lead up to the Grand Prix Final in Tokyo in December and the 2010 Vancouver Olympics. It will feature some interesting storylines.

Ladies’ Singles

Carolina Kostner

This event has perhaps the most stacked ladies’ field of the Grand Prix season. Two of figure skating’s greatest rivals will meet in this event as Korean World Champion Kim Yu-Na and 2008 World Champion and faces Grand Prix Final champ Mao Asada of Japan.

Kim, who has been training with Brian Orser in Toronto, blew away the field at the worlds in Los Angeles with a record score. She will show off new programs choreographed by David Wilson – George Gershwin’s “Piano Concerto in F Major” in the long program and a short program to a medley of music from “James Bond 007″, considered unusual music for figure skating.

The archrivals will also be joined by Italy’s Carolina Kostner, but the hotly-anticipated comeback of American Sasha Cohen has been iced as the 2006 Olympic silver medallist who is making a comeback, has pulled out of the competition after suffering an injured calf in practice. Japan’s Yukari Nakano and Caroline Zhang of the U.S. may also challenge. There are no Canadian women in this event.

Entries: Mao Asada (Japan), Candice Didier (France), Sasha Cohen, United States, Gwendoline Didier (France), Elene Gedevanishvili, (Georgia), Alexe Gilles (USA), Yu-Na Kim (South Korea), Kiira Korpi (Finland), Carolina Kostner (Italy), Yukari Nakano (Japan), Caroline Zhang (USA), Anna Jurkiewicz (Poland)

Men’s Singles

Brian Joubert, the 2007 world champion from France, launches his season in front of his home fans and will no doubt be trying to vindicate himself after finishing with what he considered a disappointing bronze medal at the 2009 Worlds.

A five-time world medallist known for his big jumps, Joubert is likely to be challenged in Paris by Nobunari Oda. The Japanese skater is in top form, winning last year’s NHK Trophy, after being banned for three months by his national federation in 2007 for drunk driving. Russia’s Sergei Voronov and Tomáš Verner of Czech Republic will also be in the running for spots on the podium. Vaughn Chipeur is the only Canadian man in the event as he begins his quest for the nation’s second spot at the Olympics.

Entries: Vaughn Chipeur (Canada), Chao Yang (China), Tomas Verner (Czech Republic), Brian Joubert (France), Yannick Ponsero (France), Alban Preaubert (France), Peter Liebers (Germany), Nobunari Oda (Japan), Sergei Voronov (Russia), Javier Fernandez (Spain), Ryan Bradley (USA), Adam Rippon (USA)

Pairs

Canadians Bryce Davison and Jessica Dubé will face the world’s finest pairs competition right off the bat in Paris when they return to the romantic style of skating that so suited them before their experimental season last year. They will meet world champions Aliona Savchenko and Robin Szolkowy of Germany, the reigning world champs. It’s the first of two meetings between the two teams during this Grand Prix season. The second will be at Skate Canada in Kitchener, Ont., in late November.

Russians Maria Mukhortova and Maxim Trankov, coached by Olympic champ Oleg Vassiliev, may also figure into the podium.

Entries: Adeline Canac and Maximin Coia (France), Marissa Castelli and Simon Shnapir (USA), Huibo Dong and Yiming Wu (China), Jessica Dubé and Bryce Davison (Canada), Vanessa James and Yannick Bonheur (France), Maria Mukhortova and Maxim Trankov (Russia), Aliona Savchenko and Robin Szolkowy, Germany

Ice Dance

Canadians Tessa Virtue, of London, Ont. and Scott Moir, of Ilderton, Ont. are making their return to the Grand Prix circuit after missing the series last season when Virtue had to have surgery on both of her shins. They returned late in the season to earn bronze at the world championships, and they feel confident now that they are the best ice dance team in the world. They will debut their highly-anticipated new programs: a flamenco original dance and a free dance to Gustav Mahler’s Symphony No. 5.

Virtue and Moir enter the competition as the clear favourite but can expect some good competition from the French team of Nathalie Pechalat and Fabian Bourzat, Sinead and John Kerr of Great Britain, and Americans Emily Samuelson and Evan.

Entries: Zoé Blanc and Pierre-Loup Bouquet (France), Kristina Gorshkova and Vitali Butikov, (Russia), Madison Hubbell and Keiffer Hubbell (USA), Sinead Kerr and John Kerr (Great Britain), Kimberly Navarro and Brent Bommentre (USA), Nathalie Pechalat and Fabian Bourzat (France), Ekaterina Rubleva and Ivan Shefer (Russia), Emily Samuelson and Evan Bates (USA), Tessa Virtue and Scott Moir (Canada)

ROME (Reuters) – Serena Williams still rates herself as the best player in the world even though she has been toppled from the top spot by Russia’s Dinara Safina.

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Russia’s Dinara Safina will move to the top of the women’s world rankings after Serena Williams’ surprise first-round exit at the WTA event in Marbella.
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Female ski jumpers continue to fight an uphill battle in their quest to compete in the Winter Olympic Games.
In an attempt to advance their cause, two elite jumpers — Katie Willis of Calgary and 2009 world champion Lindsey Van of Park City, Utah — appeared at a Wednesday media conference in Denver to urge International Olympic Committee president Jacques Rogge to meet with them.
“It was definitely frustrating,” Van said. “We didn’t get to meet with Rogge, but we got our idea across to the media that we want to meet and don’t really want to go ahead with a lawsuit, but that’s where we’re headed.”
Van and Willis are among 15 plaintiffs in a lawsuit that is to be heard April 20 in B.C. Supreme Court. The lawsuit was filed in May by female ski jumpers who maintain that they should be able to compete at the 2010 Olympics in Vancouver. Male ski jumpers have been in the Olympics since the inaugural winter Games in 1924.
Rogge is in Denver for IOC executive board meetings, which began Wednesday and are to continue until Friday. The plaintiffs sent Rogge a registered letter last week, but he did not respond to their request for a meeting.
“That’s just how they work,” Van said. “The top guy in IOC is not going to make an appearance for some athletes that he doesn’t want to be in his Games, anyway.”
The International Ski Federation gave a resounding endorsement of female ski jumpers in 2006, voting 114-1 in favor of their inclusion in the 2010 Olympics. The IOC was not swayed, however, maintaining that ski jumping at the women’s level had not developed to the point where it was of Olympic caliber.
The lawsuit has been filed against the Vancouver Olympic Games Organizing Committee. The suit contends that the exclusion of women is discriminatory and in opposition to the Charter of Rights and Freedoms.
“The reason it’s not (filed against) the IOC is very simple: Nobody has any authority over the IOC,” Women’s Ski Jumping USA president Deedee Corradini said Wednesday. “They can do whatever they want, so we had to look for another way to get this done.
“As our lawyers took a look at what our options were, VANOC, we feel, is the right place.
Our belief is VANOC can control whether the women jump or not. If this goes our way, VANOC is just going to have to tell the IOC, ‘The women have to jump. You can’t break the laws of Canada and we are subject to those laws.’ ”
Vancouver organizing officials contend they should not be the defendant because the IOC dictates the composition of the Winter Olympics. The IOC has not budged.
“If you have three medals, with 80 athletes competing on a regular basis internationally, the percentage of medal winners is extremely high,” Rogge told reporters on Feb. 28, 2008. “In any other sport, you are speaking about hundreds of thousands, if not tens of millions, of athletes at a very high level, competing for one single medal.
“We do not want the medals to be diluted and watered down. That is the bottom line.”
Corradini said there are close to 100 women from 18 countries competing at the elite level. A total of 166 women are registered as active jumpers with the International Ski Federation.
Since 1991 the IOC has demanded gender equity from any sport it adds.
However, ski jumping has been grandfathered, or “grandmothered” in this case. Ski jumping and Nordic combined (which includes ski jumping and cross-country skiing) are the only male-exclusive sports in the Winter Olympics.
“It doesn’t make sense,” said Willis, 17. “We’re doing whatever we can. We’ve gone through all the steps. This is the last step so hopefully this will be the thing we want.”
The first women’s ski jumping world championship was held Feb. 20 in Liberec, Czech Republic, with Van winning the gold medal.
The IOC has said it is amenable to adding women’s ski jumping for the 2014 Winter Olympics, earmarked for Sochi, Russia, providing its criteria can be met. Van is not prepared to wait that long.
“I need to get out and move on with my life if this isn’t going to happen,” the 24-year-old Van said. “I’m not going to wait for a bunch of old guys to decide my future when I can take it into my own hands and move on from ski jumping if it doesn’t happen now.”
For 2010, the women are asking for one event to be held on the normal hill in Whistler, B.C. The men’s event includes competition on the normal hill and large hill, as well as a team event.
Corradini — a former mayor of Salt Lake City — cannot understand why the IOC members are not open to that request.
“They would be heroes,” she said. “Everybody would shine. The lawsuit goes away. Why don’t they do something so simple?”

source: vancouversun.com

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Rosneft (ROSN.MM), Russia’s largest oil firm, pledged $180 million for the 2014 Sochi Winter Olympics on Tuesday, becoming the games’ third sponsor after the government scaled back spending on the event by 15 percent.
Rosneft will also build over 150 new gasoline stations ahead of the games, half of which will be spread across parts of Russia serving major highways.
Sergei Bogdanchikov, the head of the indebted state-controlled company, told a briefing the firm’s support would “increase the profitability of our company.”

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Last month state-controlled long-distance telephone company Rostelecom and MegaFon, the country’s third biggest mobile phone operator, pledged $260 million in sponsorship, plus a further $200 million to develop infrastructure in the region.
Rosneft’s pledge comes at a time when Russian natural resource firms are cash-strapped and cutting back production in response to the sharp drop in energy and commodity prices, Russia’s star assets.
“Even in a difficult economic situation, Russian businesses are not neglecting their social responsibility,” the head of Sochi 2014’s organising committee, Dmitry Chernyshenko, said in a statement.
Russia has pledged to spend $12 billion on developing the Olympics in Sochi, a resort on its Black Sea coast.
Winning the right to host the games is viewed by many as one of Russian Prime Minister Vladimir Putin’s major achievements during his eight years as president.

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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, SARS, kept many people away.
The number of inbound travelers fell to 130 million last year, China’s National Tourism Administration said on its Web site.
“All major inbound source markets, except for Hong Kong and Russia, slumped last year amid the economic downturn,” the administration’s director, Shao Qiwei, was quoted as saying by the official China Daily newspaper Thursday.
Neither statement mentioned other factors affecting travel to China, though industry experts also blamed tightened visa restrictions before the Beijing Olympics and a May earthquake in southwest China that left 90,000 dead or missing.
Authorities feared protests around the Olympics would mar the flawless image of China that the government wanted to promote and made visa procedures more strict in an effort to weed out potential troublemakers such as foreign activists. That also kept out many would-be visitors.
“The high cost of hotel and air tickets may also have had an effect, but taking into consideration the spending power of foreigners compared to Chinese, they wouldn’t just drop their plans because of higher prices,” said Li Lei, chief editor of Chinese travel industry Web site Tourismvane.com.

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Defending Australian Open champion Maria Sharapova has withdrawn from a Hong Kong exhibition tournament because she is still recovering from a shoulder injury just weeks ahead of the first Grand Slam of the year.

The three-time Grand Slam winner started playing tennis again just over two weeks ago and isn’t in proper condition, organizers of the Jan. 7-10 Hong Kong event said in a statement on their Web site Wednesday.

“I’m just not ready to play against the top-class competition in Hong Kong, although I remain hopeful for Australia where I’m the defending champion,” Sharapova said in a statement.

The Australian Open is Jan. 19 to Feb. 1.

“Maria needs to get ‘tennis fit’ now and she’s working hard,” Sharapova’s agent, Max Eisenbud, said.

Sharapova has not played competitively since pulling out of the Rogers Cup at Montreal in late July after beating Poland’s Marta Domachowska in a nearly three-hour match in which she double-faulted 17 times.

The Russian was examined by a trainer midway through the three-set victory and withdrew from the event before her next match.

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Felix Neureuther of Germany won the World Cup parallel slalom here on Friday in an event staged on an artificial slope to help promote Russia’s readiness to host the 2014 Winter Olympics in Sochi.

France’s Jean-Baptiste Grange was second with American superstar Bode Miller taking third ahead of compatriot Ted Ligety in a competition held in the shadow of the Kremlin.

“I feel great,” Neureuther said. “It’s natural to feel great when you win.

“It was very interesting to compete on this artificial ramp. It’s completely different to a natural slope, but still a really challenging and interesting experience.”

The 24-year-old Neureuther defeated Bernard Vajdic of Slovenia in the opening round, Austria’s Mario Matt in the quarter-final and Ligety in the semis before beating FIS World Cup slalom section leader Grange in the deciding races.

Neureuther won the first leg of the final and finished even with the Frenchman in the second.

The referees decided to give the finalists the third deciding attempt but Grange missed his chance as he fell in the middle of the distance.

A special 200m artificial ski slope, with a 56m drop in height, was constructed within the campus of Moscow State University specially for the event.

The organisers however had to bring to Moscow a caravan of refrigerators with more than 3,000 cubic metres of natural snow from Siberia to provide the competitors with a top-class surface that fit strict FIS demands.

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IT’s a strange world in which Michael Phelps can win a record eight Olympic gold medals and still be challenged for pre-eminence in the year of the Beijing Games.

But a bolt from the blue Caribbean, in the shape of Jamaican sprinter Usain Bolt, managed to drag the spotlight from the Water Cube to the Bird’s Nest, as two of history’s greatest athletes framed the Games of the XXIX Olympiad.

International Olympic Committee president Jacques Rogge declared the two men the “icons of the Games”.

In a record-breaking year for records, the pair were also the foremost exponents of the art of going where no athlete has gone before.

Appropriately for the first Olympics staged in China, Phelps and Bolt represented the Yin and Yang of great champions — the swimmer and the runner, water and earth, a diet of 12,000 calories a day versus chicken nuggets for breakfast. Phelps lit up the Games by day (thanks to NBC’s insistence on morning finals in the pool) and Bolt by night.

But where Phelps’ triumphant march was expected, even demanded (NBC was counting on it), Bolt’s sudden rise to superstardom was a joyous gift for his troubled sport, beset by doping scandals which had tarnished its credibility along with some once-great names.

It takes a huge talent to hold 90,000 people in thrall but Bolt captured them at the Bird’s Nest from the moment he dashed down the straight to win the 100m in a world record 9.69sec, becoming the fastest man on the planet, despite a side-stepping celebration over the last 20m that may have cost him up to 0.1sec.

But Bolt’s Calypso rhythm and youthful exuberance brought much-needed star quality to the main stadium.

The only time that 21-year-old Bolt was deadly serious was when he stepped onto the blocks for the 200m final. A 200m specialist as a junior competitor, he was desperate to break his hero Michael Johnson’s lauded world record of 19.32sec from Atlanta in 1996.

Bolt ran the half-lap with his eyes only on that mark and every fast-twitch fibre straining forward, stopping the clock in an astonishing 19.30sec.

And he wasn’t finished there. The showman of the Games then combined with former world 100m record-holder Asafa Powell and his Jamaican team-mates to set a third world record in the 4×100m relay.

His name was attached to three of the five world records to fall at the Bird’s Nest.

If Bolt was the king of the track, Russia’s Yelena Isinbayeva was the queen of the air, after she soared to a world record of 5.05m in the pole vault to clinch her second successive Olympic gold medal.

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Harbin, capital city of northeast China’s Heilongjiang province and host to the 2009 Winter Universiade, is considering a bid for the 2018 Winter Olympic Games, senior officials revealed two months before the opening of the Universiade, from Feb 18-28.
“If the hosting of the 2009 Winter Universiade can win applause from all the guests, it will enhance our confidence to bid for the Winter Olympic Games,” said Li Zhanshu, governor of Heilongjiang province. “We are considering a bid for the 2018 Winter Olympics, although the decision has to be approved by Chinese sports authorities.”

Harbin, dubbed as “ice city” due to its beautiful scenery in winter, failed to make the short list for the 2010 Winter Olympic Games, but won hosting rights for the 2009 Winter Universiade four years ago.
Vancouver, Canada, will host the 2010 Winter Olympics.

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World champion Mao Asada’s skill with the triple axel earned her a victory over longtime rival Kim Yu-na at the Grand Prix of Figure Skating finals on Saturday.

Jeremy Abbott of the United States won after hitting every jump in the free skate.

Asada’s triple axels — two launched at the start of her free skate_ proved decisive as she won with a total of 188.55 points, just 2.2 ahead of South Korea’s Kim at the Goyang Ice Arena north of Seoul.

“I am happy that I could land two triple axels in my program and that I was able to win here in Korea,” Asada said. “It is really special.”

It was a particularly satisfying victory for Asada of Japan, who had finished second to Kim at the last two Grand Prix finals.

Abbott breezed past Takahiko Kozuka of Japan for gold in his first Grand Prix final. Abbott earned 237.72 points, while Kozuka had 224.63.

Ice dancing world champions Isabelle Delobel and Olivier Schoenfelder capped off a victorious Grand Prix season with gold, and Pang Qing and Tong Jian of China rallied to win the pairs title.

But it was the showdown between Kim and Asada, rivals since their days as juniors, that took center stage at the sellout event. Even South Korea Prime Minister Han Seung-soo was in the audience.

Kim, the world bronze medalist, had won her last five consecutive Grand Prix series events. Asada, the reigning world champion, won the NHK Trophy but the finals title had eluded her.

Kim admitted to nerves Friday but pulled off a narrow, half-point lead over Asada in the short program. Fans showed their love for “Queen Yu-na” by throwing more than 550 stuffed animals and 500 flowers onto the rink, organizers said.

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The Beijing Olympics were an “indisputable success” that brought change to China in areas as diverse as press freedom, the environment and public health, according to an assessment released by the International Olympic Committee that activists criticized as ignoring human rights violations that occurred during the Games.

The review, released by the Olympic committee during meetings in London this week, credited the Beijing Games with attracting broader participation and larger audiences than any other Olympics.

“The Games expanded and strengthened the Olympic movement by advancing the universality of sport,” the three-page fact sheet said. “They also brought many tangible and intangible benefits to China, especially in terms of public infrastructure improvements. While some of the positive benefits were immediately apparent, others will emerge with time.”

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The International Olympic Committee is seeking to improve the ticketing system for upcoming Games in Vancouver and London to avoid the problem of empty seats that occurred in Beijing this year.

The IOC and London organizers, meanwhile, expressed confidence Thursday that the 2012 Olympics will be a success despite the global economic downturn. And London’s Olympic chief said the Games will be “secure” from terrorism.

Olympic officials concluded weeklong meetings aimed at passing on lessons learned from the Beijing Games, which the IOC described as “an indisputable success” that could lead to further social, economic and political progress in China.

The Beijing review was meant to transfer knowledge to upcoming host cities, particularly London for 2012. Organizers of the 2010 Vancouver Winter Games and 2014 Winter Olympics in Sochi, Russia, also took part. So did officials from the four cities bidding for the 2016 Summer Games: Chicago, Madrid, Rio de Janeiro and Tokyo.

“The 2008 Games set new standards for organization, venues and athletic performances, but we can always improve,” IOC Olympic Games executive director Gilbert Felli said. “I’m confident that the London organizers will host a first class event with a uniquely British atmosphere.”

Ticketing and empty seats were singled out as key issues. While tickets were sold out in Beijing, there were still vacant seats at some of the venues, Felli said.

He said this may have been because ticket-holders did not stay at the venues for long or back-to-back sessions. Also, some tickets were allocated to groups across China which may not have shown up, he said.

Some tickets also ended up on the black market, while fake tickets were sold to unsuspecting fans in online scams.

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The Beijing Olympics were an “indisputable success” that brought change to China in areas as diverse as press freedom, the environment and public health, according to an assessment released by the International Olympic Committee this week that activists criticized as ignoring human-rights violations that occurred during the Games.
The review, released by the Olympic committee during meetings in London this week, credited the Beijing Games with attracting broader participation and larger audiences than any other Olympics in history.

“The Games expanded and strengthened the Olympic Movement by advancing the universality of sport,” according to the three-page fact sheet. “They also brought many tangible and intangible benefits to China, especially in terms of public infrastructure improvements. While some of the positive benefits were immediately apparent, others will emerge with time.”

The document praised the Beijing organizers’ nearly flawless execution of the Games, detailing the successful coordination of half a million volunteers and maintenance of a complex transportation and security system. It noted that the media facilities were “widely praised as the best ever,” and that the Chinese government has indefinitely reduced restrictions on foreign media who report in the country.

But it made no mention of several highly publicized crackdowns on would-be protestors, or of Internet censorship at the media center and harassment of foreign journalists during the Games.

“I think the I.O.C.’s fact sheet is missing a lot of salient facts,” said Minky Worden, media director for Human Rights Watch. “What is missing in this document is the extent to which the International Olympic Committee lowered its standards on human rights around the Beijing Olympic Games.”

Thousands of people were evicted from their homes to make way for construction of Olympic venues, and some activists were detained before the Games began. Although authorities set up “protest zones” during the Olympics, no demonstrations took place, and several people who applied for protest permits were detained, including two elderly women who were initially sentenced to up to a year of “re-education through labor.” The sentence was later rescinded.

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Carolina Kostner earned the Cup of Russia gold on Saturday, topping error-strewn overnight leader Fumie Suguri with an elegant free skate.

Suguri’s mistakes allowed American Rachael Flatt to take the silver medal after posting the session’s top technical score at the Megasport arena. Suguri of Japan finished third.

“I was quite nervous going into my program,” said Kostner, who landed a triple-triple that she missed in her short program. “I got my confidence and then enjoyed my skating.”

She fell on a triple toeloop later in the free skate, but that wasn’t enough to deny her victory.

Suguri, meanwhile, skipped an early double loop, two-footed a triple salchow, and didn’t attempt some other elements.
“I did a lot of mistakes on my jump,” she said. “I was in very good condition over the last two weeks, so I’m very disappointed with how I did.”

Flatt managed to come away with second place.

“I thought I skated very well but it wasn’t my best program. … But I had a lot of fun and it was very exciting,” said Flatt, who adjusted her program after a wobbly landing on an early triple loop.

Kostner and Suguri remain in contention for a Grand Prix Final berth heading into the sixth and final preliminary competition, the NHK Trophy, in Japan next week.

Kim Yu-na and Joannie Rochette have already qualified for the Grand Prix final with two golds apiece. The other four final places remain open.

source: iht.com

Japan’s Fumie Suguri took the women’s lead Friday at the Cup of Russia with a short program that was confident and precise, if short on adventure.

Suguri, who took silver at Skate Canada, is in line for a slot in the Grand Prix final if she gains a gold or silver in Moscow, the fifth of six Grand Prix series competitions. With a score of 58.30 points, she edged Carolina Kostner of Italy, the world silver medalist, and American Rachael Flatt at Moscow’s Megasport Arena.

In a disappointing performance, 2006 world champion Kimmie Meissner was eighth.

Suguri nailed all her jumps, with the only flaw a bit of apparent hesitation before her triple flip. She took fewer risks than Kostner or Flatt, essaying only a triple-double combination and front-loading all her jumps into the start of her program to “Fanfan” by Nicolas Jorelle.

Kostner tried a triple-triple, but put a hand down on the second jump, then fell on a triple lutz. But her drama and elegance won her the highest artistic marks of all the women.

Flatt stepped out of the first part of her triple-triple and only doubled the toe loop jump when she tried to add it on to her ensuing triple lutz.

But she held back a double axel until more than two minutes into the program, and got the second-highest technical marks.

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Stocks markets and oil prices may dip and dive, but Olympic organizers with preparations under way for three games in the next six years aren’t breaking a sweat.

The reasons? Time and television money. The global economic downturn has squeezed private financing for venues that will be a part of London’s 2012 Summer Games and Sochi’s 2014 winter edition, but with brisk ticket sales for the 2010 Vancouver Olympics and most of the sponsors locked in, the IOC can afford to hold off making new deals for television rights and sponsorships.

“All of us feel this,” said Gerhard Heiberg, head of the International Olympic Committee’s marketing commission. “Of course, this has an impact for everyone in the world. It never comes at a convenient time. But we don’t feel we are affected too much in general. Things are moving everywhere in the right direction. Some things may take longer than originally hoped.”

The financial pinch comes as IOC president Jacques Rogge seeks another term that will keep him in office until 2013. He says the committee is closely monitoring the financial situation.

“It would be naive and shortsighted to say that nothing will happen,” Rogge said last week, confirming his plans to seek re-election next October, when he is expected to be unopposed. “Yes, the situation is so volatile that it is too soon to draw conclusions.”

Rogge said the Olympic movement is in “excellent financial health.” Total Olympic TV and sponsorship revenues for the 2005-08 cycle – covering the 2006 Turin Winter Games and 2008 Beijing Olympics – totalled about US$3.5 billion.

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ATHENS, Nov 5 (Reuters) – Barack Obama’s victory in the U.S. presidential election has given Chicago, bidding to host the 2016 Olympics, the chance to shine on the international stage, its bid leader said on Wednesday.

“I think the eyes of the world have been on Barack Obama and therefore on Chicago and the eyes of the world will be on Chicago more than in the past,” Chicago 2016 bid chief Patrick Ryan told Reuters.

Democrat candidate Obama, who has spent most of his political life in Chicago, enjoyed a sweeping victory in the U.S. presidential election on Tuesday.

Chicago is one of four candidates vying for the 2016 Summer Olympics alongside Tokyo, Rio de Janeiro and Madrid.

The International Olympic Committee (IOC) will choose the winner at its session in Copenhagen in October next year.

“Last night gave us a global opportunity to show the city’s beautiful skyline, its lake and parks,” Ryan said of Obama’s speech in front of more than 200,000 cheering supporters in Chicago’s Grant Park.

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