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IOC: 'Time is ticking' for Rio Olympic organizers

Updated: December 4, 2012, 10:09 AM ET
Associated Press

LAUSANNE, Switzerland -- With concern mounting about the pace of progress for the 2016 Games in Rio de Janeiro, the IOC warned Brazilian organizers Tuesday that "time is ticking" and they must attack the project "with all vigor" to ensure that the first Olympics in South America are a success.

With the games less than four years away, Rio organizers briefed the International Olympic Committee executive board on their preparations amid leadership changes and uncertainty about the budget ...

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