Top TV executives are in Switzerland today, bidding for rights to broadcast the next two Olympic games — Russia in 2014 and Brazil in 2016. The competition is wide open, especially because of the recent resignation of Dick Ebersol as the head of NBC Sports. He spearheaded NBC's dominance over the games.
Official results show Portugal's Social Democrats have unseated the Socialist government in an emphatic election victory. The Socialists appeared to pay heavily for the country's steep economic downturn which forced it to ask for a bailout.