Tokyo Olympics organizers unveiled a smaller budget of up to $17 billion on Wednesday after coming under pressure to cut ballooning costs.
The figure Men's Under Armour UA Scorpio Black Orange , down from last month's pledge to cap expenditure at $17.78 billion, follows warnings that the bill for the 2020 Games could soar as high as $30 billion.
Organizing committee chief executive Toshiro Muto said the entire Games budget will be between 1.6 trillion and 1.8 trillion yen, which he put at $15-16.8 billion.
Under the latest exchange rate Men's Under Armour UA Scorpio Carbon Black Red , the same yen figure is worth $13.6-15.3 billion. This year's Rio Games cost $12 billion, while London 2012 came in at 8.77 billion pounds or $13.7 billion under the exchange rate at the time.
Wednesday's figure, the most complete budget yet for Tokyo 2020 Women's Under Armour UA Scorpio Purple Grey , comes after officials scrambled to slash the costs of building some Olympic venues.
It was revealed at talks between the Games' organizers, the International Olympic Committee (IOC) and the -Tokyo and national governments, who are meeting regularly to try to cut costs.
"This does give the overall picture under armour verge mid gtx ," IOC Vice President John Coates said.
Tokyo Governor Yuriko Koike, who was elected this year vowing to bring down costs, said some 40 billion yen would be saved after a review of the -canoeing under armour fat tire hiking boots , volleyball and swimming venues.
Koike said the organizing committee and Tokyo and central governments will discuss further specifics early next year, including "cost-sharing."
In the battle to cut costs, she had -proposed moving the canoeing 400 -kilometers north of Tokyo to Miyagi prefecture curry 2 mvp back to back , one of the areas hardest hit by Japan's 2011 tsunami disaster.
But the idea faced resistance from the organizing committee, which argued that changing sites was impractical and could end up costing more.
Koike gave up the plan last month and announced that canoeing will stay in Tokyo as planned, but with the venue built at a sharply reduced cost.
In the previous four-way meeting last month curry 2 low white , Muto said the organizing committee's working budget was capped at less than 2 trillion yen ($17.78 billion) and officials are committed to pushing it lower. But Coates refused to accept the figure and said overall costs would have to come down significantly.
Lee Chong Wei of Malaysia reacts during the men's singles semifinal match against Lin Dan of China at the Badminton Asia Championships 2017 in Wuhan, capital of central China's Hubei Province, on April 29 curry 2 shoes , 2017. Lin Dan won 2-0. (XinhuaXiao Yijiu)
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BEIJING， Sept. 27 (Xinhua) -- China's industrial profits rose 19.5 percent year on year to 534.8 billion yuan (about 80.3 billion U.S. dollars) in August， official data showed Tuesday.
The growth rate was faster than the 11-percent increase registered one month earlier， according to the National Bureau of Statistics (NBS).
In the first eight months of the year， industrial profits expanded 8.4 percent year on year， compared with a 6.9-percent rise during the January-July period.
The bureau's calculations include companies with annual revenues exceeding 20 million yuan.
NBS statistician He Ping said the August growth rate was the fastest monthly rate so far this year. He attributed the improvement to rising production and sales， a recovery in manufactured goods prices， lower operating costs， and a lower comparison base from last year.
The bullish performance of automobile， steel and oil processing industries also pushed the August growth rate higher， He said.
Because of strong output and sales， profits in the auto industry surged 43.9 percent year on year， compared with a 19-percent increase registered in July.
During the first eight months， 33 of 41 industrial sectors reported year-on-year rising profits， with high-tech sectors， including computers and telecommunications， posting profit increases of 19.8 percent year on year.
In contrast， electricity， energy production and the supply industry witnessed a 3.9-percent decrease in profits during the same eight-month period. Oil and gas exploitation also posted losses.
Foreign-invested companies posted strong profit growth of 10 percent in the first eight months， while state-owned enterprises dropped 2.1 percent year on year.
Despite the positive profit data， He Ping warned of a grim outlook for industrial enterprises partially due to sluggish demand at home and abroad.Traditional industries， especially those beset by overcapacity， still face difficulties.
KATHMANDU， May 8， 2016 (Xinhua) -- A woman weaves cloth in a traditional style during the 13th Handicraft Trade Fair in Kathmandu， Nepal， May 8， 2016. The fair was organized by the Federation of Handicraft Associations of Nepal in promotion of Nepali art， culture， clothes and language throughout the world. (XinhuaSunil Sharma)
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The man was arrested on July 26 at the Habur border crossing near the Turkish city of Silopi while crossing from Iraq to Turkey, a Turkish security official was quoted as saying.
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