Tag: gambling

Moscow Preparing to Seize Land in Crimea for ‘State Needs’ as It Did in Sochi

June 2, 2014

Staunton, 1 June – Russia’s economic development ministry is preparing legislation that would allow Moscow to seize significant amounts of land in Crimea on an accelerated basis in the name of promoting economic development, a measure that is modelled on the one Vladimir Putin used in the run-up to the Sochi Olympics. According to a […]

Olympic Investors Trying to Avoid Default

December 24, 2013

The Sochi Winter Olympics have been plagued by corruption, which is helping to drive the price of the game up. An investigation led by Boris Nemtsov found that the Olympic price tag could top $50 billion, though there are likely many more hidden costs like security. In comparison, the total cost of the Winter Olympics […]