Kyle Terada-USA TODAY Sports

London spins gold with tourism numbers

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Let the London Olympics Economics Games Begin!

Whatever happens during an Olympics, it takes some time to accurately measure how successful a Games was for the host city. Lots of questions have to be answered about the long-term viability of the permanent venues; the success or failure of the typical revitalization of the neighborhoods that usually surround the Olympic Village; and, perhaps most importantly, the short- and long-term economic benefits to the host city and nation.

The tally on the economic piece of that puzzle is starting to filter in and how one reads the verdict depends on how they view interior volumes of half-full drinking glasses. That’s because, according to figures out last week, instead of getting an Olympic bump in tourism London actually saw seven percent fewer visitors to the capital city than in 2011.

Yet, despite that disappointing figure, tourism revenue actually hit an all-time high in August: 2.38 billion pounds (that’s 3.82 billion dollars to you Americans out there).

Analysts claim that the jump in revenue was the result of those visitors who did come spent their money freely. Very freely, actually: Average spending in London during August was supposedly over 1,000 pounds a second (there’s no sense in applying the pound-dollar conversion rate for such an odd statistic).

Naturally the British government and tourism officials are taking the positive spin on this and chalking this up in the “London 2012 Games Were A Smashing, Historic Success – Hooray For Great Britain!” category. Grumpy British sourpusses are putting it in the “We Beg To Differ – Politely, Of Course, Because We’re British” column, and one particularly dour Briton who lives and dies by the tourism trade flatly refused to accept the government’s shiny, happy view of the numbers.

“From pubs, to theatres, to shops and taxi drivers, there is not a single person I have spoken to since the Olympics that did not suffer,” he told The Independent. “The Games were a roaring success – it’s a great shame that we can’t say the same for British tourism in 2012.”

It’s unclear where all of the extra money spent went if not to pubs, theatre, shops and taxi drivers, but it seems likely that this guy is more concerned with the amount of oxygen than beer in his pint glass when he goes out drinking. Maybe because he doesn’t have a ton of money to throw around right now.

Man arrested after trying to steal Olympic torch

SALVADOR, BRAZIL - MAY 24: The Olympic flame in the Bonfim Church, on May 24, 2016 in Salvador, Brazil. (Photo by Felipe Oliveira/Getty Images)
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SAO PAULO, Brazil (AP) — A man was wrestled to the ground and detained after he tried to steal the Olympic torch as it passed through the Brazilian town of Guarulhos.

In the video, which can be seen here, the unidentified man is seen trying to break through the line of security guards accompanying the torch bearer at the 40 kilometer mark of the parade in Sao Paulo state. The man was taken away and the torch bearer continued the run on Saturday.

The torch will be in Sao Paulo for the next days and will arrive in Rio de Janeiro on Aug. 4, one day ahead of the opening ceremony of the Olympic Games.

Rio’s Aug. 5-21 games have been hit by Brazil’s economic recession, security concerns and fears about the mosquito-borne Zika virus.

MORE: Man takes selfie in front of crash during Olympic torch relay

It’s official: U.S. sending 555 athletes to Rio Olympics

LONDON, ENGLAND - JULY 27:  Mariel Zagunis of the United States Olympic fencing team carries her country's flag during the Opening Ceremony of the London 2012 Olympic Games at the Olympic Stadium on July 27, 2012 in London, England.  (Photo by Michael Regan/Getty Images)
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With a ceremony on Venice Beach, just outside Los Angeles, which is bidding for the 2024 Olympics Games, the 2016 U.S. Olympic team was officially confirmed Saturday for the Rio Games.

Four-time Olympic gold medalist Janet Evans, who is on the LA 2024 Olympic bid committee, hosted the event and was joined on stage by women’s basketball player Tamika Catchings, who will make her fourth Olympic appearance, as well as water polo player Tony Azevedo and beach volleyball player Kerri Walsh Jennings, both of whom are set for their fifth Olympics.

Evans confirmed a roster 555 U.S. athletes, which will be the largest athlete delegation of any nation, the first time since 2004 that the U.S. held that distinction at a Summer Olympics.

Among the interesting numbers released by Team USA:

– The most women (292) to ever compete for one nation in Olympic history; 263 U.S. men will compete.

– Americans will participate in 244 of the 306 medal events in Rio.

– The U.S. will be represented in 27 sports (40 disciplines).

– 191 returning Olympians.

– Three six-time Olympians – equestrian Phillip Dutton, and shooters Emil Milev and Kim Rhode – giving the U.S. 11 athletes in history, summer or winter, to make six Games.

– Seven five-time Olympians – Tony Azevedo (water polo), Glenn Eller (shooting), Bernard Lagat (track and field), Steven Lopez (taekwondo), Michael Phelps (swimming), Kerri Walsh Jennings (beach volleyball) and Venus Williams (tennis). Only 35 U.S. athletes in addition to these have appeared in at least five Olympics.

– 19 four-time Olympians, 50 three-time Olympians, 112 two-time Olympians and 363 Olympic rookies.

– 108 returning Olympic medalists, 68 returning Olympic gold medalists, and 45 Olympians owning multiple medals.

– 53 U.S. athletes will attempt to defend titles from London; 19 in individual events.

– 54 of the athletes are parents.

– 17 athletes have military ties.

– 46 states are represented.

MORE: U.S. Olympic team of 550-plus athletes most of any nation in Rio