Article: (LEAD) London chosen as venue for 2012 Summer Olympics: IOC assembly.

SEOUL, July 6 (Yonhap) -- The International Olympic Committee (IOC) voted Wednesday to give London the right to host the Summer Olympics in 2012.London beat Paris 54 to 50 in the final vote at an IOC meeting in Singapore to host the Summer Olympics for the second time in 64 years. London held Summer Olympics in 1908 and 1948. Moscow fell out of competition in the first round of voting, New York in the second round and Madrid in the third round.Paris, the candidate city most favored by the IOC, was seen as the most likely winner until recently, but London won at the last minute as supporters of ...

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