" Athletics will get a lower share of Olympic revenues in the future after the International Olympic Committee (IOC) on Wednesday recalculated the federations' revenues according to their contribution to the Games.
The 26 sports federations at the London 2012 Olympic Games divided up $519 million based on their IOC ranking Corey Knebel Brewers Jersey , with athletics, the flagship sport of the Games, expected to receive around $47 million as the only one in the top-earning Group A.
However, the new plan for the Rio de Janeiro 2016 revenue distribution has five categories of sports instead of four, with athletics no longer enjoying all of the Group A pot.
""Athletics will get less money than in the past. Gymnastics and swimming have moved up to Group A Authentic Travis Shaw Jersey ,"" Andrew Ryan, executive director of the Association of Summer Olympic International Federations, told reporters.
Under the previous breakdown, Group B sports received about $22 million each, Group C $16 million and sports in Group D about $14 million.
Like athletics Authentic Stephen Vogt Jersey , it was bad news for equestrian, handball, hockey and modern pentathlon which dropped a level and will now be getting less.
But table tennis, badminton, boxing Authentic Ryan Braun Jersey , judo, archery, shooting and weight lifting are expected to benefit from the recalculation.
Ryan said it was not clear how much money would be made available to the federations according to their new ranking after Rio, but said he did not expect a sharp jump in the overall payment to federations given most broadcast contracts - the biggest source of revenue for the IOC - had already been signed.
Federations saw a 15 percent rise in revenues from $256.1 million after the 2004 Olympic Games in Athens to $296 million following the 2008 Games in Beijing.
Far bigger broadcasting contracts mean a 75 percent rise after London.
For International Association of Athletics Federations chief Lamine Diack, the reduced share did not change his sport's status within the Games.
NAIROBI, Sept. 19 (Xinhua) -- African countries have pledged to tame illegal trade in timber and other forest products by ensuring that the sub-sector makes a meaningful contribution to the country's Gross Domestic Product (GDP), a conservationist said on Tuesday.
Kenya's Chief Conservator of Forest Emilio Mugo said representatives from Kenya, Uganda, Mozambique Authentic Paul Molitor Jersey , Madagascar, Tanzania and Zanzibar (Tanzania) who met in Nairobi on Tuesday agreed to take stern action against those caught in the illegal trade of the products.
"Illegal trade in timber and forest products is not only degrading the rich forests assets of the region but also represents an enormous loss in economic values and livelihood opportunities to the countries," Mugo said at the end of a two-day meeting.
He noted that the meeting marks a significant step forward in efforts to ensure timber trade in Eastern Africa is managed in a way that brings equitable benefits to all.
Mugo said that the meeting agreed to assist people with timber products to benefit from the products by ensuring that they reap maximum profit from the consumers.
The meeting followed the Zanzibar Declaration meeting that was signed in September 2015 during the XIV World Forestry Congress in South Africa.
Since signing the declaration, the countries have seen huge progress in addressing rampant illegal trade in the member countries.
They agreed develop a mechanism to collaborate on implementation of trade governed under the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).
"We have jointly agreed to pursue the Global Environmental Facility funding opportunity to help improve our forest cover and also fight climate change effects," Mugo added.
The members also agreed to deal with produce seized from illegal trade and raise fund to help improve the state of environment in the region.
The Kenya Forest Service is partnering with the Timber Manufacturers Association in establishing tree seedlings to help achieve and surpass her set goal of 10 percent tree cover.
The tree nurseries in the country currently produce 2.5 million indigenous seedlings and are set to increase to 4.5 million.
"This will immensely boost the rehabilitation program throughout the country Authentic Orlando Arcia Jersey ," TMA chairman Benson Gitau said.
He noted that trees will be planted especially in arid and semi arid regions to help reduce land degradation.
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TOKYO, Sept. 11 (Xinhua) -- Tokyo stocks opened sharply higheron Monday following solid Japanese machinery orders for Julyreleased just before the opening bell and on easing geopoliticalconcerns related to the Korean Peninsular.
As of 9:15 a.m., the 225-issue Nikkei Stock Average gained219.36 points Authentic Matt Garza Jersey , or 1.14 percent, from Friday to 19,494.18.
The broader Topix index of all First Section issues on the TokyoStock Exchange, meanwhile, added 18.54 points Authentic Lorenzo Cain Jersey , or 1.16 percent, to1,612.08.
Pharmaceutical, metal product and rubber product-related stockscomprised those that gained the most in the opening minutes oftrade. Enditem
A JUDGE and nine lawyers in a New Zealand courtroom listened politely to Eminem’s “Lose Yourself” as a copyright trial involving the country’s ruling political party began yesterday.