London Olympic Games 2012


Euro zone enters half of top 10 Visa spenders during London Olympics

LONDON | Kevin Burke, director at Visa Inc, believes that the Olympics work as a showcase for athletics, and the same goes for tourism. Burke released Wednesday data on Visa accounts spending levels of international travelers during the second week of the London 2012 Games, which reached $716.7 million. The figures mark a steady line, the total being $1.4 billion. Visitors from the US lead the top 10 list, some…


The ephimeral Olympics’ effect

LONDON | How much the £16.5-billion pill administered by the London 2012 Olympics will help reinvigorate the British economy is shortly to become a matter of debate. The figure came Monday under the signature of Lloyds TSB, which released a research study that forecast increasing activity until 2017 across key sectors like construction and tourism. Just weeks before the celebrations, the City seems drawn to spark the discussion. Indeed, investment…