GO London GO

Watchdog raises concerns about London 2012 budget LONDON (AP) — Britain’s government spending watchdog says Olympic organizers might run short of contingency funds to meet unexpected costs facing the 2012 London Games. Read more on KGW NewsChannel 8 Portland London: 2012 Olympic project remains on budget LONDON (AP) — The projected cost of building the venues for the 2012 London Games has risen slightly but the overall Olympic program remains…

Project funds approved in 2012 fiscal year budget The ISU Board of Trustees recently approved the fiscal year 2012 budget request on Oct. 22 for $87.1 million in operations and a capital request of $251.5 million, which will go towards the five planned renovation projects across campus. Read more on Daily Vidette Belarus to raise Russian gas transit fees in 2012: official Belarusian Deputy Prime Minister Vladimir Semashko said on…

10,000 villages to get power from renewable energy sources NEW DELHI: Union Minister for New and Renewable Energy Farooq Abdullah on Tuesday announced that 10,000 remote villages across the country would be electrified with renewable energy sources by March 2012 under an innovative initiative that will also generate employment. Read more on The Hindu London 2012 Olympic budget untouched despite cuts The British government decided Wednesday to keep the London…

Queen fails to escape Osborne spending review axe Chancellor George Osborne set out a four-year plan of cuts today which he said would drag the country “back from the brink”. Related Stories Slashed budget means 3,000 fewer in UK jails UK banks hit with £2.5bn annual tax Warning over public sector jobs axe Welfare budget faces further cuts Chancellor Osborne swings CSR axe Read more on Belfast Telegraph Bridge: Wolfe…

Mercedes plant giving job to Hungarian constructors and suppliers The construction works at Mercedes-Benz’s Hungarian plant in Kecskemét go according to schedule, making it able to begin production sets in May 2011. Mercedes-Benz is investing €800 million in the plant by 2012. Read more on Budapest Business Journal Budget surplus requires effort – Henry THE federal government’s return to a budget surplus in 2012/13 will require considerable effort and a…

Official: Taiwan to budget for 2012 F-16 upgrade A Taiwanese defense official said Wednesday the island’s 2012 budget will include a provision for upgrading the air force’s fleet of F-16s, but said Taipei is still hoping to get a new, more advanced version of the fighter jets from the U.S. Read more on AP via Yahoo! Philippines News Official: Taiwan to budget for 2012 F-16 upgrade A Taiwanese defense official…

Mourinho still ‘bitter’ over Portugal job Jose Mourinho says he is still disappointed that Real Madrid would not allow him to coach Portugal for two UEFA EURO 2012 qualifiers but he understands the decision and wishes Paulo Bento well. Read more on FIFA Florida has straw ballot on US balanced budget (AP:TALLAHASSEE, Fla.) Looking for another possible wedge issue to use in the 2012 election cycle, Florida’s Republican-led Legislature wants…