Posts Tagged Financial markets

Ruble crisis threatens Kontinental Hockey League

MOSCOW (AP) — The Russia-based Kontinental Hockey League saw itself as the oil-rich rival to the NHL, offering a tempting, if less prestigious, alternative to playing in North America.

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Rio Mayor: 2016 Olympic spending transparent, open

Mayor Eduardo Paes talks to journalists on a bus during his tour of Olympic Park in Rio de Janeiro, Brazil, Friday, Dec. 19, 2014. Rio will host the Olympic Games in 2016. (AP Photo/Felipe Dana)

RIO DE JANEIRO (AP) — Promising complete transparency, Rio de Janeiro Mayor Eduardo Paes said Friday that local organizers were “completely open” to financial audits of the 2016 Olympics and Paralympics.

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