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  • Olympics-Chinese Olympians given warm welcome on Brazil return

    China's Olympic team were given a warm welcome from big crowds waving banners and photographs at Beijing airport on Tuesday upon their return from a disappointing Rio Games. China's largest overseas Olympic delegation of 416 athletes managed 26 golds, their lowest tally since the 1996 Atlanta Games, and 70 medals overall in Brazil. Surprise failures in traditionally strong sports such as badminton, shooting and gymnastics left China third in the medals table, behind the United States and Britain. More »

    Reuters - 6 minutes ago
  • China's big investment in Africa has suffered from instability and lack of local knowledge

    China's big investment in Africa has suffered from instability and lack of local knowledge

    Chinese investors in Africa have suffered huge losses due to instability on the continent and the failure of some mainland companies to fully grasp local conditions, a major think tank has warned. China has greatly expanded its infrastructure, energy, mining and manufacturing businesses in Africa in recent years, but the investment environment there has many risks and many companies’ operations are flawed, according to the annual report on development in Africa by the Beijing-based Chinese Academy of Social Sciences. Official statistics showed China’s direct investment in Africa reached US$32.35 billion in 2014, with more than 3,000 companies operating in 52 countries across the continent. More »

    Business Insider UK - 2 hours 57 minutes ago
  • What went wrong in Brazil?

    What went wrong in Brazil?

    Tripped up by its worst political and economic crises in recent memory, Brazil will hit a new low when suspended president Dilma Rousseff faces an impeachment trial More »

    AFP - 3 hours ago
  • "I never imagined the State would use such underhanded tactics to try and shame a private citizen"

    "I never imagined the State would use such underhanded tactics to try and shame a private citizen"

    Homeless campaigner Erica Fleming says that false accounts have been spread to try and tarnish her reputation. More »

    TheJournal.ie - 6 hours ago
  • Brazil police say IOC's Hickey discussed illegal ticket sales

    Brazil police say IOC's Hickey discussed illegal ticket sales

    By Paulo Prada and Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) - Brazilian police said on Tuesday they had uncovered emails between detained International Olympic Committee (IOC) member Patrick Hickey and the British owner of a ticketing company they said masterminded a scheme selling Olympic tickets illegally. Police told a news conference in Rio de Janeiro that they were also investigating bank documents for evidence of money laundering linked to the illegal ticketing ring. Hickey, the former top European official at the IOC, was arrested in Brazil last week on charges that he took part in illegal ticket sales for the Rio Games, which ended on Sunday. More »

    Reuters - 6 hours ago