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  • Thank you for starting your week with commercial free CNN Student News. I`m Carl Azuz.

  • We are eight years from the 2022 Olympics, and another country is saying don`t consider us anymore for those winter games.

  • Norway has joined Sweden, Poland, and Ukraine in dropping out of the process to host them.

  • Germany put its bid to a vote, and its citizens said no. Why? One reason, money.

  • It costs billions. Host countries have to build stadiums, hotels, competition venues, and keep them all safe.

  • Some nations don`t think they`ll see enough return on their investment.

  • Another reason could be political. Not everyone likes the way the International Olympic Committee runs its business and coordinates the games.

  • Norway`s withdrawal leaves only two countries, Kazakhstan and China, as possible 2022 Olympic hosts.

  • ffects of this year`s games on Sochi, Russia, a mixed bag.

  • The scene of the most expensive Olympic Games in history, yet 8 months on and with the athletes long gone, it`s turned from the home of gold medal winning glories to a ghost town.

  • There is no such thing as Olympic fever here. Many of these hotel rooms in Gorki Gorod up in the mountains weren`t even ready for the games and are still unfinished.

  • That`s over 1,000 hotel rooms still lying empty and waiting for one of the shortest ski seasons in Europe.

  • And while those businesses haven`t even got off the ground, there is many that have already gone bust.

  • What went wrong?

  • After Olympic Games, there was no people. There were no people at all.

  • So we decided to close.

  • It`s a sad tale for the town at one end of the world`s most expensive railroad.

  • The once hourly trains from the mountains now run just a handful a day.

  • But at the other end, 31 miles away, on the coast, one chain with 5 hotels in Sochi, has taken advantage.

  • The number of visitors has really over our expectations, so we`re very happy with the season.

  • It`s been fantastic, the interest from domestic Russia post-games.

  • The people that were unhappy because of the Olympics, I don`t think that those people are very smart.

  • Because it`s an honor for any city, for any country to have the Olympic Games. It`s a real honor.

  • There is plenty of reasons for those on the coast to be positive, but the question now is whether the mountain region can emulate the success.

  • The Olympics sold itself as the games of contrasts, the challenge is to ensure its legacy won`t follow suit.

  • Amanda Davies, CNN, Sochi.

  • The Obama administration has been criticized for its response to the Ebola virus,

  • that it hasn`t done enough to prepare U.S. hospitals or health care workers to deal with the disease.

  • It announced some changes over the weekend. One, President Obama`s appointing an Ebola response coordinator.

  • Ron Klain will oversee efforts to prevent the spread of Ebola in the U.S. He is the former chief of staff of two vice presidents,

  • but some Republican lawmakers say the president should have chosen someone with a medical background.

  • Two, the U.S. military is assembling a 30-person quick strike team.

  • Five doctors, 20 nurses, and five trainers who can quickly get direct treatment to potential Ebola patients in the U.S.

  • Some people are calling for the government to ban travel from Ebola-stricken countries.

  • The administration says that wouldn`t eliminate the threat.

  • We`ve got upwards of 150 people a day coming from countries with live, active Ebola outbreaks.

  • For over two weeks, I`ve been calling on the administration to take the common sense stand of suspending commercial air travel out of these countries until we get the air travel under control.

  • Right now, we know who`s coming in. If we try to eliminate travel, the possibility that some will travel over land, will come from other places.

  • We won`t be able to check them for fever when they leave, we won`t be able to check them for fever when they arrive.

  • We won`t be able, as we do currently, to take a detailed history to see if they were exposed.

  • Where did Ebola come from? It`s still a bit of a mystery, but here is what we know. The virus is named after the Ebola River in the Democratic Republic of Congo, formerly Zaire.

  • That`s where one of the first two human outbreaks happened in 1976. The other was in what`s now South Sudan.

  • Virus hunter Peter Piot discovered the disease. After a Belgian nun fell ill, her blood samples were sent to his lab.

  • He tested it for yellow fever. That test came back negative.

  • This disease was far deadlier than yellow fever. Rats tested died one after another after another.

  • Piot says under a microscope, Ebola most resembled Marburg virus, a virus also from Africa.

  • It was discovered when it killed several lab workers in Marburg, Germany in 1967.

  • But this wasn`t the same.

  • Today we now know there are at least five different strands of Ebola, all named after their areas of origin.

  • Bundibugyo, which is in Uganda; Sudan; Zaire; Ivory Coast and Reston.

  • Genetic research shows the virus could be millions of years old.

  • The exact origin of the virus isn`t known, but it`s believed to be carried most often by bats.

  • Wonder who`s watching today. It`s time for the CNN Student News roll call.

  • We`ve got some Warriors online in Ruidoso, New Mexico.

  • Thanks for starting your week with us at Ruidoso Middle School.

  • Jumping up to North Dakota with the Hi-Liners. They`re watching from Valley City High School in Valley City.

  • And then it`s south to Knoxville, Tennessee with the Bulldogs. Bearden High School rounds out today`s roll.

  • After dramatic drops last week, the U.S. stock market rallied Friday.

  • The Dow Jones Industrial Average of 30 significant stocks climbed 263 points before the weekend.

  • The market as a whole is still down, more than 6 percent for the past month.

  • That`s why the media keep describing it as a rollercoaster.

  • Investors who don`t mind that, those willing to take big risks hoping for bigger rewards, might look beyond stocks, to something called venture capital.

  • There is a lot of talk these days about startups springing up in Silicon Valley and New York and everywhere in between,

  • but before a startup can get started, it needs money.

  • That`s where venture capital or VC comes in. So what is it? Venture capital is a high risk investment.

  • A brave investor looking for a big profit gives money to a cash hungry young company in exchange for a piece of that business.

  • Their plan - sell that stake at a huge profit once the company starts making money.

  • Now, that might not sound much different than investing in stocks which are tiny pieces of huge companies.

  • But here`s the main difference.

  • Unless something goes really, really wrong, stocks rarely drop to zero.

  • But that happens all the time in venture capital.

  • According to one study from Harvard, three out of four venture capital bets don`t return any money to investors.

  • Venture capitalists know those odds.

  • They expect the fourth winning bet to pay off big time.

  • Enough to make up for the first three that went nowhere.

  • So, venture capitalists have to have a higher appetite for risk and a lot of patience.

  • You often hear about them, when they strike goal like early backers of Facebook and Twitter,

  • but those are the exceptions. And in the end, the promise of finding the next Facebook is just too tempting to pass up.

  • Today`s character study starts with the patella tendon. It`s attached to your knee cap.

  • And as Danielle LeNoue got near the finish line of a recent cross country race, her patella tendon popped.

  • She fell down in so much pain that she couldn`t walk, let alone finish the race.

  • But Melany Bailey, another runner decided they just have to finish together.

  • But Melany Bailey, another runner decided they just have to finish together.

  • Now, here`s the kicker: Melanie was on the other team.

  • I stopped because I couldn`t go any further and this girl comes up and she grabs my arm and she said, here come on,

  • and we - she just started walking and - I couldn`t walk at all, and she was like This is not working, and so she said here, hop on my back.

  • And she bent down, picked me up, she`s like half my size.

  • All I could think about was that she was in a lot of pain and I wanted to help her.

  • Honestly, I love the way I ended it. It was a really good way to end my cross-country season.

  • I mean how many people (INAUDIBLE) past me, but she decided she was going to stop.

  • Before we go, we are scaling new heights on CNN STUDENT NEWS.

  • The Gateway arch in St. Louis, Missouri, arcs 630 feet into the sky.

  • Would you want to clean it? That hasn`t been done since it was finished in 1965, and though the stains and corrosion aren`t a threat to the stalwart steel structure.

  • That ain`t pretty. So officials are inspecting it to decide how to spruce it up.

  • Some folks are hoping that could be done in time for the arch`s 50th birthday.

  • That would be the icing on the cake.

  • Of course, they`d have to have a concrete plan in place, an overarching blueprint for success, and nerves of steel to complete it.

  • But getting it done could save a lot of Missouri (ph). I`m Carl Azuz for CNN Student News.

Thank you for starting your week with commercial free CNN Student News. I`m Carl Azuz.

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October 20, 2014 - CNN Student News with subtitles

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