American fans of the Olympics will have to travel abroad for at least another decade if they want to cheer from the stands at one of the world's biggest sporting events. The U.S. Olympic Committee (USOC) announced today that there will be no American bid to host the 2020 Summer Olympics.
Actually, the news was Tweeted by USOC spokesman Patrick Sandusky. "I can confirm the US will not be bidding for 2020 Olympic Games," Sandusky wrote to his Twitter followers.
As opposition forces have moved into Tripoli, they've gotten into some of the Iraqi military's weapons depots. But they haven't necessarily secured all the military hardware, leaving some of it vulnerable to those who might try to sell it on the black market.
Melissa Block talks with Jack Farchy of the Financial Times about the challenge of shipping huge amounts of gold overseas. Venezuelan president Hugo Chavez has announced he wants all the country's holdings in gold physically moved to Venezuela. The logistics are tricky — but even trickier is the issue of insurance.