London bid for the 2012 Summer Olympics being selected by the International Olympic Committee (IOC) when put up against other world cities in a competitive bidding process. On 6 July 2005 at its 117th Session in Singapore, the IOC awarded London the right to host the Games of the XXX Olympiad. The city beat the favourite Paris 54 to 50 on the fourth and final ballot. London is the first city to host the Games three times. At the time of the bid, the budget projection was around £2 billion, but it was later estimated that the true cost would be around £9 billion. The project involved
2012 Olympics one minute of silence campaign Rogge also said that he has attended several ceremonies with the Israeli Olympic Committee and Israeli athletes during recent games. Despite the refusal to honour the victims during the opening ceremony of the Olympics, on July 23 IOC President Jacques Rogge led a minute of silence during a ceremony which promoted the Olympic truce. This was the first time that the IOC honoured the Israeli victims in a ceremony inside an Olympic village. Rogge started by "honoring the memory of the 11 Israeli Olympians who shared the ideals that have brought us together in this beautiful Olympic village" and said