Boris vows 2012 Games will be under budget (AFP)

LONDON (AFP) - London Mayor Boris Johnson has insisted that the city's 2012 Olympics will come in under budget and still be as impressive as the lavish, and much more expensive, show laid on in Beijing. The claim came despite the estimated cost of the London games rising from 3.4 billion pounds when it won the bid in 2005 to 9.3 billion (11.9 billion euros, 17.8 billion dollars) now. "I'm absolutely determined to... [read full story]                    

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