Winter Olympics Financial News

Anand Mahindra is all praise for Tara Prasad. Taking to X on Tuesday, the billionaire gushed about the Indian-American figure skater, praising her for her considerable accomplishments. Dropping a video of Tara in her element on the skating rink, the Mahindra Group Chairman praised her for making India proud. “Apparently Tara switched her U.S. citizenship to an Indian one in 2019 and has since been our national skating champ three times. Well done, Tara. I hope you are in the vanguard of athletes who give India a noticeable presence in winter sports. I know you narrowly missed out on a spot in the last Winter Olympics but have your sights set on the games in ‘26. We’ll all be rooting for you. Go chase that dream,” the comment read.

Subscribe to enjoy similar stories. Casey Wasserman was in Italy for the Winter Olympics, scheduled to make a presentation to the International Olympic Committee on the progress of the 2028 Los Angeles Games. Peter Attia, the longevity doctor with cult followers and a bestselling book, was days into a new role as a CBS News contributor.

Saina Nehwal and PR Sreejesh, have written a letter to the International Olympic Committee (IOC) presidential candidates, urging them to make climate action their top priority. As IOC members gather in Costa Navarino, Greece, to vote on the seven candidates next week (March 18-21), the Olympians called for stronger commitments from the IOC to cut carbon emissions, promote sustainability in host cities, set clear guidelines on polluting sponsors and use its platform to advocate for climate action. Climate impacts are «no longer a distant threat, but a current and growing harm to the sports we love and to the countries that make up our Olympic family», the letter said. The signatories include 57 Olympic champions and over 100 Olympic flag bearers. They represent some of the world's most climate-vulnerable nations, including Argentina, Aruba, the Bahamas, Cabo Verde, Colombia, Cook Islands, Eswatini, Fiji, Ghana, India, Kenya, Laos, the Marshall Islands, Nepal, Nigeria, Pakistan, Peru, Sierra Leone and Zambia. Recognizing that extreme weather events are already disrupting the Summer and Winter Olympics and affecting athlete performance and safety, the letter urges decisive action to ensure the games remain accessible and safe for future generations. Earlier this year, massive wildfires burned large areas of Los Angeles, the host city of the 2028 Olympic Games. The fires killed about 30 people, destroyed thousands of buildings, and forced tens of thousands to flee their homes.

Donald Trump has asked U.S. Representative Mike Waltz, a retired Army National Guard officer and combat veteran, to serve as his National Security Adviser. The position, which does not require Senate confirmation, places Waltz at the center of handling several pressing global security challenges, including the wars in Ukraine and the Middle East, tensions with China, and the growing alliance between Russia and North Korea. Waltz’s Role and Policy Stance Waltz, a three-term Republican congressman from Florida, is known for his hawkish stance on China and Iran. He has been a sharp critic of the Biden administration’s national security strategy, including the U.S. withdrawal from Afghanistan and handling of Chinese espionage. Waltz has pushed for a tougher U.S. approach to counter China’s influence, calling for a boycott of the 2022 Beijing Winter Olympics over human rights violations and concerns around COVID-19 origins.

Ryan Wedding's name has been added to the list of 10 most wanted fugitives wanted by the FBI for allegedly operating a drug trafficking network spanning several countries. Also known as "El Jefe", the former Olympian is currently residing in Mexico, the Department of State said on Thursday, while offering a $10 million reward for information leading to his arrest and/or conviction.

Winter Olympics may be over a year away, but the US is not taking any chances in its quest to win the most number of medals. The nation’s mixed double curling trials, which are currently underway, just one example of this.

Donald Trump has chosen Florida Representative Mike Waltz as his national security advisor. Waltz, a retired Army Green Beret known for his extensive knowledge in military operations and policy, is a vocal critic of China and a staunch advocate for bolstering US strategic readiness in the Indo-Pacific.

Olympics reading the US, China, Japan, Australia, France, the Netherlands, Britain, South Korea, Italy and Germany, one is bound to ask: why do some countries fare better than others? Discussions usually attribute wins and losses to individual abilities, training and dedication. These factors are undoubtedly crucial. But there could be other determinants like economic prosperity. In each of the last three Summer and Winter Olympic Games, the top 10 medal-winning countries have been high-income countries based on World Bank's income-level classifications, with the exception of China (upper-middle income) in Tokyo 2020 Olympics, and OAR (Olympic Athletes from Russia — upper-middle income) in PyeongChang 2018 Winter Olympics. However, research has found a range of determinants beyond economic prosperity — team size, growth rate, expenditure on health, population, etc — to have a significant impact. We investigated the association between the total medal count for each country at the Beijing 2022 Olympics and their GDP per capita (PPP). A moderate positive relationship is observed with a correlation coefficient of 0.62.

South Korean officials say providing Samsung smartphones to North Korean athletes at the Paris Olympics would violate U.N. Security Council sanctions against the country over its nuclear ambitions

COVID-19 pandemic, the virus has forced athletes to withdraw from events and has others donning masks once again at the Paris Games.Several athletes have tested positive, including Australian swimmer Lani Pallister who was a medal hope in the women’s 1,500 metres freestyle but had to withdraw from the event. Pallister has been instructed to isolate in her room.A team spokeswoman said the decision had been made to save Pallister’s energy for the 4x200m freestyle relay which starts on Thursday.British swimmer Adam Peaty tested positive a day after he narrowly missed out on 100 metres breaststroke gold, sharing silver with American Nic Fink.“I’ll now be focusing on a fast, full recovery to give my best in the team relays later in the week,” the 29-year-old Peaty posted on Instagram.“Adam’s okay, he’s not dying.

AIN in the Olympics? The AIN stands for Athletes Neutres Individuels in French, meaning Individual Neutral Athletes in English. Athletes from Russia and Belarus will participate in the Paris Olympics as AIN or Individual Neutral Athletes. Russian athletes have been barred from the Olympics since 2017, so, they will participate in the Olympics 2024 as individual neutral athletes. They will be joined by their Belarusian counterparts. Russia and Belarus have been banned from participating in the Paris Olympics for their involvement in ongoing Russia- Ukraine War, reports 'CBS News'.

Cristiano Ronaldo is one of the richest sportsmen globally since his stellar career has seen some amazing multi-million dollar transfer deals, including brand endorsements that were worth handsome packages. The former Real Madrid star and ace Portugal national team striker owns villas, brands and much more, which have made his net worth exponential. However, there is a little-known Romanian sportsman, who is richer than even this footballing legend.

Organizers for the proposed 2034 Winter Olympics in Salt Lake City released their first budget estimate, projecting total costs of just under $4 billion, with $2.84 billion slated for operational costs

NBC has partnered with several entertainers and non-Olympic athletes like Megan Thee Stallion, Dolly Parton and Peyton Manning to promote the Paris Games this summer

Like many little girls, a young Kristi Yamaguchi loved playing with Barbie

LONDON (Reuters) — Anheuser-Busch InBev will be an official sponsor for three Olympic Games starting with the Paris 2024 summer event this year, the brewer said on Friday, naming its alcohol-free Corona Cero as the official beer of the Games.

air pollution worsened in 2023, the first time it has done so in a decade, a study released on Friday said. «2023 is the first year that China's national average PM2.5 level has increased year-on-year since the beginning of China's 'war on pollution' in 2013,» a study by independent research organisation the Centre for Research on Energy and Clean Air (CREA) said.

Blamed for “kneecapping” the U.S. capital markets and slammed for dodging questions around Bitcoin and Pokemon cards, Gary Gensler appears to have had one hell of a grilling from Congress this week.

The most important and uncertain Olympic event this year is happening this week. It might just result in a gold medal for Americans and humiliation for Russians. And nobody can watch it.

Tourists planning on visiting the People's Republic of China can now pre-charge Digital Yuan wallets using VISA and Mastercard payment options as the nation continues to update the mobile app powering its CBDC pilot.

Visitors to China can now buy digital yuan tokens with overseas cards via the central bank’s official CBDC mobile app.