Olympic symbols rings are five interlocking rings, coloured blue, yellow, black, green, and red on a white field, known as the "Olympic rings". The symbol was originally designed in 1912 by de Coubertin. He appears to have intended the rings to represent the five continents: Europe, Asia, Africa, Oceania, and America. According to Coubertin, the colours of the rings together with the white of the background included the colours composing every competing nation's flag at the time. Upon its initial introduction, Coubertin stated the following in the August 1912 edition of "Olympique": In his article published in the "Olympic Revue" the official
Olympic Games profits from the Olympic symbols. The IOC also takes a percentage of all sponsorship and broadcast income. Host cities continue to compete ardently for the right to host the Games, even though there is no certainty that they will earn back their investments. Research has shown that trade is around 30 percent higher for countries that have hosted the Olympics. The Olympic Movement uses symbols to represent the ideals embodied in the Olympic Charter. The Olympic symbol, better known as the Olympic rings, consists of five intertwined rings and represents the unity of the five inhabited continents (Africa, America, Asia,