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Mexico pulls out of hosting world swimming championships

:Headline: Mexico pulls out of hosting world swimming championships: ID:206604: from db_amp
Mexico withdraws as host of the 2017 world swimming championships due to a fall in oil prices.

Mexico has announced that they are stepping down as host of the 2017 world swimming championships.

The city of Guadalajara was due to host the two-week event, but due to falling oil prices they are no longer able to stage the event.

Hosting the championships would have cost $100m (£65m) and the city have already spent $9.5m (£6.18) in preparation.

This year's event is due take place in the Russian city of Kazan, but the International Swimming Federation FINA has not yet revealed who will replace Guadalajara.

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